TCR_Public/161208.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Thursday, December 8, 2016, Vol. 20, No. 342

                            Headlines

ABEINSA HOLDING: Strikes Deal With Surety Bond Issuers
ALERE INC: Egan-Jones Lowers Sr. Unsecured Ratings to B+
AMERICAN APPAREL: To Close Nine Stores by Month's End
AMERICAN EAGLE: 2nd Amended Plan Declared Effective
ANDREA DISTRIBUTING: U.S. Trustee Unable to Appoint Committee

ARCHDIOCESE OF ST. PAUL: Committee Files Rival Exit Plan
ASHLAND LLC: Egan-Jones Lowers Sr. Unsecured Ratings to BB-
ASSOCIATED MATERIALS: S&P Affirms Then Withdraws 'B-' CCR
ASSOCIATED THORACIC: U.S. Trustee Unable to Appoint Committee
AVISON YOUNG: Moody's Assigns B2 CFR & Rates $130MM Sr. Notes B3

BCDG LP: Selling Six Iowa McDonald's Franchises for $3.3 Million
BDP INNOVATIVE: Jan. 11 Plan, Disclosures Hearing
BIOSCRIP INC: Gabelli Funds Reports 12.5% Stake as of Dec. 2
C&D BOBCAT: Voluntary Chapter 11 Case Summary
C&J ENERGY: Private Sale of Total E&S Assets for $17.5MM Approved

C.H.I.R. CORPORATION: Disclosure Statement Hearing Set for Dec. 13
CAESARS ENTERTAINMENT: Unit's Bank Lenders Threaten To End Deal
CALATLANTIC GROUP: Fitch Hikes Issuer Default Rating to 'BB'
CALIFORNIA HISPANIC: Plan Confirmation Hearing on Dec. 15
CBL & ASSOCIATES: Fitch Assigns 'BB' Preferred Stock Rating

CHARLIE BROWN'S: Seeks to Hire A+ Accounting as Accountant
CHC GROUP: Files Amended Chapter 11 Plan
CHESAPEAKE ENERGY: Moody's Assigns Caa3 Rating on $750MM Notes
CHESAPEAKE ENERGY: S&P Puts 'CCC+' ICR on CreditWatch Positive
CJ HOLDING: Sale of Total E&S Assets to Gardner for $17.5M Approved

COMSTOCK RESOURCES: Carl Westcott Reports 7% Stake as of Dec. 2
COMSTOCK RESOURCES: Regains Full Compliance with NYSE Listing Rule
CORDERO CORDERO: Unsecured Creditors to be Paid 100%
COSI INC: Files Copy of LIMAB Asset Purchase Agreement
DELTAVILLE BOATYARD: Case Summary & 8 Unsecured Creditors

DELTEK INC: S&P Puts 'B' CCR on CreditWatch Positive
DIGITALGLOBE INC: Moody's Assigns Ba3 CFR & Rates Secured Loans Ba3
DONALD ELARDO: Disclosure Statement Hearing Set for Dec. 15
ELBIT IMAGING: Investor Presentation Available on Web Site
ELECTRONIC CIGARETTES: Calm Waters Holds 74.4% Stake as of Dec. 1

ENUMERAL BIOMEDICAL: Removes Lock-Up Provisions from Tender Offer
ESTEPHAN SARKIS: Dec. 14 Plan Confirmation Hearing
FANSTEEL INC: Seeks to Hire RSM US as Tax Accountant, Auditor
FEAST HOUSE: Seeks to Hire Cohen & Krol as Legal Counsel
FILIP TECHNOLOGIES: Hires Widebridge as Investment Banker

FILIP TECHNOLOGIES: Unsecureds To Recoup 1.0%-1.3%
FIORELLA INC: Seeks to Hire A+ Accounting as Accountant
FUNCTION(X) INC: Appoints Frank Barnes as Director
FUNCTION(X) INC: Partners with VCC to Create Gossip Show The Tea
GATEWAY CASINOS: S&P Revises Outlook to Neg. & Affirms 'B+' CCR

GOLFSMITH INT'L: Court Approves Key Employee Retention Program
HANCOCK FABRICS: Unsecured Creditors' Recovery Unknown
HARGREAVES ASSOCIATES: Plan Confirmation Hearing on Dec. 15
HAVEN CHICAGO: Seeks to Hire Springer Brown as Legal Counsel
HAVEN REAL ESTATE: Seeks to Hire Springer Brown as Legal Counsel

HUDSON'S BAY: S&P Affirms 'B+' CCR on Weak Business Risk Profile
IAMGOLD CORP: Egan-Jones Hikes Sr. Unsecured Ratings to BB
IHEARTCOMMUNICATIONS INC: Extends Consent Solicitations Until Dec 9
INCYTE CORP: Egan-Jones Hikes Sr. Unsecured Ratings to BB
INFORMATION RESOURCES: S&P Lowers CCR to 'B-'; Outlook Stable

INGRAM MICRO: S&P Lowers CCR to 'BB', Off CreditWatch Neg.
INTEGRATED FREIGHT: CEO and Chairman Fuselier Resigns
J.G. NASCON: Crawford Excavating Buying Dump Trailer for $10K
JAVE CAB: Can Use Radius Bank Cash Collateral Until Jan. 13
JULIE HO: Dec. 15 Disclosure Statement Hearing

KUBCO DECANTER: Sets Sale Procedures for Assets
LIBERTY MUTUAL: Fitch Affirms BB Rating on 7% Jr. Sub. Notes
LIFE CHANGE: U.S. Trustee Opposes Approval of Plan Outline
LINA REAL ESTATE: Voluntary Chapter 11 Case Summary
LINCOLN NATIONAL: Fitch Rates Junior Debentures 'BB+'

LUCAS ENERGY: Adopts Revised Code of Ethics
MACK-CALI REALTY: Moody's Affirms Ba1 Sr. Sub. Shelf Ratings
MARC ZAID P.C.: Case Summary & 11 Unsecured Creditors
MATADOR RESOURCES: Moody's Assigns B3 Rating to $150MM Sr. Notes
MATTAMY GROUP: Moody's Assigns B1 Rating on New $300MM Sr. Notes

MATTAMY GROUP: S&P Assigns 'BB' Rating on US$300MM Sr. Notes
MAUNA LOA: Unsecured Creditors To Get Full Payment
MISSION NEW ENERGY: To Acquire 100% of AUS Group's Business
MOBIVITY HOLDINGS: Hikes Authorized Common Stock to 100M Shares
NATIONAL SPORTS: DOJ Watchdog Seeks Ch. 11 Trustee Appointment

NEW CAL-NEVA: U.S. Trustee Adds George Stuart Yount to Committee
NEXTSTEP DEVELOPMENT: Patels Buying Hotel for $3 Million
NFP CORP: Moody's Affirms B3 CFR; Outlook Stable
NORTH FORK COMPOSITES: CV Buying Assets for $270K
OAK CREEK: Proposes GW Property-Led Auction on Jan. 31

OSCAR LOPEZ: Dec. 19 Plan Confirmation Hearing
PACIFIC PROCESS: Tiger Liquidity to Auction Assets on Dec. 14
PARAGON OFFSHORE: Bondholders, Lenders Ditch Plan Support Deal
PARSLEY ENERGY: Moody's Assigns B3 Rating on New $600MM Notes
PARSLEY ENERGY: S&P Raises CCR to 'B+' on Increased Production

PHARMACOGENETICS DIAGNOSTIC: Can Use SYBTC Cash Until Jan. 16
PICO HOLDINGS: Corporate Governance Changes to Benefit Owners
PREMIER WELLNESS: Has Until Feb. 27 to Use Cash Collateral
PRO RAILING METAL: Taps Genesis Law Group as Legal Counsel
PROFESSIONAL DIVERSITY: North Star Holds 5% Stake as of Dec. 5

QUALITY DISCOUNT: U.S. Trustee Forms 3-Member Committee
QUANTUM CORP: Extends Board Observer Rights Until February 1
QUIKRETE HOLDINGS: Moody's Assigns B1 Rating on Sr. Sec. Term Loan
QUIKRETE HOLDINGS: S&P Affirms 'BB-' CCR & Revises Outlook to Neg.
QVL PHARMACY: KCP's Jacen Dinoff to Serve as Liquidating Trustee

RESOLUTE ENERGY: Firewheel Energy Owns 4.9% Stake as of Nov. 30
RO & SONS INC: Voluntary Chapter 11 Case Summary
ROMEO'S PIZZA: Has Unrestricted Use of Cash Collateral
RUBLE HOLDINGS: Lemoine-Raymond Buying Gulfport Property for $208K
SAN BERNARDINO, CA: Court Confirms Bankruptcy Exit Plan

SAWTELLE PARTNERS: Trustee Taps Lobel Weiland as Legal Counsel
SEANERGY MARITIME: Amends $15 Million Prospectus with SEC
SEANERGY MARITIME: Reports Financial Results for Third Quarter
SFX ENTERTAINMENT: 5th Amended Plan Declared Effective
SLAYTON FAMILY: U.S. Trustee Unable to Appoint Committee

STONE ENERGY: Tests at Amethyst Well Point to Tubing Leak
SUNEDISON INC: Coerced Not to Sue YieldCos, Committee Says
SUNEDISON INC: Seeks Discovery Conference Over Solaria Rift
SUNEDISON INC: Urges Court to Compel D&O Mediation
SUNEDISON SEMICONDUCTOR: S&P Affirms Then Withdraws 'B-' CCR

SUSAN VOGEL: Unsecured Creditors to be Paid 100% Under Latest Plan
SYNICO STAFFING: Seeks to Hire Gary Ankerfelt as Accountant
TAMARACK DEVELOPMENT: Involuntary Chapter 11 Case Summary
TARHEEL OIL: Court Allows Cash Collateral Use Until Dec. 13
TOM SAWYER ISLAND: Case Summary & 4 Unsecured Creditors

TRANS ENERGY: Now a Wholly-Owned Subsidiary of EQT Corp
TRAVELPORT WORLWIDE: Takes Action to Enhance Operational Efficiency
UCI INT'L: Bankruptcy Court Confirms Plan of Reorganization
UCI INTERNATIONAL: Wins Confirmation of Chapter 11 Plan
UNITED MOBILE: Filing of Exit Plan Extended Through Dec. 19

UNIVERSAL HEALTH: Moody's Retains Ba1 CFR Amid Cambian Deal
VALUEPART INC: U.S. Trustee Adds Modena Parts to Committee
VECTOR GROUP: Egan-Jones Lowers Commercial Paper Rating to B
WESTERN REFINING: Egan-Jones Lowers Sr. Unsec. Ratings to BB+
WINTHROP REALTY: Egan-Jones Withdrews BB+ Sr. Unsecured Ratings

[^] Recent Small-Dollar & Individual Chapter 11 Filings

                            *********

ABEINSA HOLDING: Strikes Deal With Surety Bond Issuers
------------------------------------------------------
Matt Chiappardi, writing for Bankruptcy Law360, reported that
Abeinsa Holding Inc. on Dec. 6, 2016, made its final effort to have
its Chapter 11 plan confirmed with a much clearer path after a
last-minute settlement with surety bond issuers that had been
vigorously opposed, but still facing fire from the federal
bankruptcy watchdog and others.  During a hearing in Wilmington,
Delaware, attorneys for Abeinsa said that the parties worked well
into the night and early-morning hours to come to a deal with the
roughly half dozen surety bond issuers that lodged objections.

In a prior report, Mr. Chiappardi of Bankruptcy Law360, said
Abeinsa told a Delaware bankruptcy judge on Dec. 5 that it has
resolved U.S. government objections to its Chapter 11 plan, but
that Tuesday's confirmation hearing may feature a prolonged clash
with issuers of nearly $1 billion in surety bonds opposed to the
restructuring strategy.  

In a statement last week, the Official Committee of Unsecured
Creditors said the panel and the Debtors have been engaged in
extensive, arm's-length negotiations over the terms of the Proposed
Plan following the Committee's in-depth investigation.  As a result
of those negotiations, the Committee and the Debtors have come to
an agreement in principal on the key economic terms for
modification of the Proposed Plan.  In court papers filed Dec. 1,
the Committee said it and Debtors are in the midst of the working
to resolve open issues and make corresponding modifications to the
Proposed Plan.  

"The Committee hopes and expects to resolve issues remaining
between it and the Debtors prior to the Plan Confirmation Hearing,
but there is still work to be done," the Committee said.

"In the event such negotiations are not fully resolved prior to the
Plan Confirmation Hearing, the Committee reserves all of its rights
to raise any and all objections to the Proposed Plan at any time
prior to or at the Plan Confirmation Hearing or at any subsequent
hearings, and all such rights are hereby reserved."

On Friday, the Debtors delivered to the Court their Modified First
Amended Plans of Reorganization and Liquidation Filed by Abeinsa
Holding Inc.  The Modified Plan comprises the EPC Reorganizing
Plan, the Solar Reorganizing Plan, the EPC Liquidating Plan and the
Bioenergy and Maple Liquidating Plan.  

The EPC Reorganizing Plan is a "New Value" plan and confirmation is
sought under section 1129(b) of the Bankruptcy Code.  While the
Debtors had proposed substantial New Value under the Plan of a
little over $20 million, since the initial filing of the Plan, the
Debtors have made available an additional $10 million in Cash, plus
substantial additional consideration to support the Plan.

The Modified plan provides for the EPC Reorganization Distribution,
which means (a) $24.25 million of the New Value Contribution and --
of which $3.5 million may, at the election of the Creditors'
Committee or the Liquidating Trustee, as applicable, be used to
increase the funds in the Liquidating Trust -- (b) the proceeds of
the Litigation Trust Causes of Action, the prosecution of which is
to be funded by the Litigation Fund, and such other new value that
may be provided, (c) as well as Cash on hand, (d) the proceeds of
inventory, (e) the Pilot Plant, (f) certain tax assets, and certain
intellectual property of the EPC Reorganizing Debtors, as described
in the Plan Supplement., (g) payment of 25% of the Cash value of
any U.S. tax attributes received by the Parent on account of their
retention of any net operating losses owned by any of the Debtors,
(h) the EPC
Reorganizing Debtors' rights in the Fulcrum Project, which
interests shall be transferred to a new company -- the Fulcrum
NewCo -- and if the EPC Reorganizing Debtors earn net profits from
either such transfer, work performed on behalf of the Fulcrum
Project, or any residual ownership interest in the Fulcrum Project,
the EPC Reorganizing Debtors shall pay 25% of such net profits to
the Responsible Person for the EPC Reorganizing Debtors, and (i)
payment of 25% of the claim held by Abener Teyma Mojave General
Partnership against Mojave Solar LLC in the event Abener Teyma
Mojave General Partnership recovers such claim from Mojave Solar
LLC.

The Solar Reorganizing Plan is a full payment plan and confirmation
is sought under section 1129(a) of the Bankruptcy Code.  Under the
Modified Plan, Solar Reorganization Distribution means Cash on hand
of the Solar Reorganizing Debtors.

The EPC Liquidating Plan and the Bioenergy and Maple Liquidating
Plan are
liquidating plans that provide for distributions to be made in
accordance with the priorities established under the Bankruptcy
Code and other applicable law, and confirmation is sought under
section 1129(a) of the Bankruptcy Code.

The Plan provides for the EPC Liquidating Distribution, which means
any remaining assets in the EPC Liquidating Trust plus $1.75
million Cash to be funded to the EPC Liquidating Trust by the
Parent; provided, however, that such amount shall be  educed to
$750,000 in the event that the EPC Liquidating Plan does not
receive the requisite affirmative votes under the Bankruptcy Code.

The Plan provides for the Bioenergy and Maple Liquidating
Distribution, which means any remaining assets in the Bioenergy and
Maple Liquidating Trust, plus $750,000 Cash to be funded to the
Bioenergy and Maple Liquidating Trust by the Parent.

These Debtor entities are in each Debtor group:

     -- Reorganizing Debtor Groups

        * EPC Reorganizing Debtors: Abener Teyma Mojave General
Partnership, Abener North America Construction, LP, Abeinsa Abener
Teyma General Partnership, Teyma Construction USA, LLC, Teyma USA &
Abener Engineering and Construction Services General Partnership,
Abeinsa EPC LLC, Abeinsa Holding Inc., Abener Teyma Hugoton General
Partnership, Abengoa Bioenergy New Technologies, LLC, Abener
Construction Services, LLC, Abengoa US Holding, LLC, Abengoa US,
LLC, and Abengoa US Operations, LLC.

        * Solar Reorganizing Debtor: Abengoa Solar, LLC.

     -- Liquidating Debtor Groups

        * EPC Liquidating Debtors: Abencor USA LLC, Abener Teyma
Inabensa Mount Signal Joint Venture, Inabensa USA, LLC, and Nicsa
Industrial Supplies LLC.

        * Bioenergy and Maple Liquidating Debtors: Abengoa
Bioenergy Hybrid of Kansas, LLC, Abengoa Bioenergy Technology
Holding, LLC, Abengoa Bioenergy Meramec Holding, Inc., and Abengoa
Bioenergy Holdco, Inc.

Following the Effective Date, the Estates of the Reorganizing
Debtors will emerge  to resume operations and a designated
Responsible Person will be appointed to ensure proper implantation
and administration of the Reorganizing Debtors Plans.
Additionally, a Litigation Trust will be set up to be managed by
the Litigation Trustee, the proceeds of which will benefit the
creditors of the EPC Reorganizing Debtors.  In exchange for a New
Value Contribution of $33.5 million (in addition to $1,750,000
being contributed under the EPC Liquidating Plan and $500,000 being
contributed under the Bioenergy and Maple Liquidating Plan) and the
agreement to pay Alvarez & Marsal's fees, Abengoa, S.A. will retain
its indirect Equity Interest in the top holding company, Abengoa US
Holding LLC, which in turn will retain its interests in the other
Debtors.  The new value is adequate to permit retention of this
equity.  

According to the Debtors, while numerous objectors raise an
absolute priority rule objection, the Creditors' Committee has
performed a comprehensive review and has extracted aspects of all
the value being retained by Abengoa S.A. as a result of the Plans,
which demonstrates the fairness and best interest aspects of the
Plan. The Estates of the Liquidating Debtors will be managed by the
Liquidating Trustees.  The Debtors believe that the Plan presents
the best possible chance for recovery for the Debtors' creditors
and is in the best interests of the Debtors' estates and all
parties in interest.

According to the Debtors, as disclosed in Prime Clerk LLC's Voting
Certification, the Debtors received overwhelming support for the
Plan from creditors in the Voting Classes.  Specifically, EPC
Reorganizing Class 3A, 3B and 4, Solar Reorganizing Class 3 and 4
have voted to accept the Plan, with several Classes 100% accepting.


The Debtors added that the Plan contains certain proposed third
party releases, which are conspicuously disclosed in the Plan,
Disclosure Statement, and Ballots, and the Ballots provided all
creditors in the Voting Classes with the option to opt out of such
releases.

The Sureties are Atlantic Specialty Insurance Company (a/k/a
OneBeacon Insurance Group and OneBeacon Surety, and any other
aliases thereof), Fidelity & Deposit Company of Maryland, Liberty
Mutual Insurance Company, Zurich American Insurance Company, and
RLI Insurance Company.

The Modified Plan provides for a Surety Reserve, which means $6.5
million from the funds being retained by Holders of Equity
Interests in Solar Reorganizing Debtors Class 8 (Equity Interests),
of which the Parent is the ultimate beneficiary, and which the
Parent is gifting to beneficiaries of Holders of Allowed Claims in
EPC Reorganizing Debtors Class 6 (Debt Bonding Claims) and Solar
Reorganizing Debtor Class 6 (Debt Bonding Claims).  In exchange for
the amounts contained in the Surety Reserve, the Surety Reserve
Beneficiaries shall not be entitled to share in the EPC
Reorganizing Distribution or the Solar Reorganizing Distribution,
as applicable. In the event that an insufficient number of Sureties
fail to elect the Alternative Surety Treatment in each of EPC
Reorganizing Debtors Class 6 (Debt Bonding Claims), Solar
Reorganizing Debtors Class 6 (Debt Bonding Claims), and EPC
Liquidating Debtors Class 3 (General Unsecured Claims), the Surety
Reserve shall, upon the Confirmation Date, become part of the EPC
Reorganizing Distribution, to be distributed to all Holders of
Allowed Claims entitled to a portion of the EPC Reorganizing
Distribution, including the Sureties, as applicable, and the
Sureties shall receive the Original Surety Treatment hereunder.

The Surety Reserve Beneficiaries means Holders of Allowed Claims in
EPC Reorganizing Debtors Class 6 (Debt Bonding Claims) and Solar
Reorganizing Debtor Class 6 (Debt Bonding Claims).  The Claims of
the Surety Reserve Beneficiaries shall be capped at $50 million in
the aggregate, and the Debt Bonding Claims of Liberty Mutual
Insurance Company arising out of the Carty Litigation (as defined
in the Disclosure Statement) shall not constitute a Debt Bonding
Claim and shall not be entitled to recover from the Surety Reserve,
but shall instead be treated as a Claim in the applicable class of
Litigation Claims.

A black-lined copy of the Debtors' Modified Plan is available at:

          http://bankrupt.com/misc/deb16-10790-0942.pdf

A copy of the Debtors' Memorandum in support of confirmation of
their Plan is available at:

         http://bankrupt.com/misc/deb16-10790-0945.pdf

Last month, the Bankruptcy Court denied a request from Nationwide
Mutual Insurance Co., one of Abeinsa's surety bond issuers, for
appointment of a Chapter 11 examiner to look into alleged financial
"irregularities."  According to a Bankruptcy Law360 report, the
Court held that the case record doesn't indicate there is anything
to investigate.  Nationwide Mutual said it had issued some $32
million in surety bonds.

Counsel to the Official Committee of Unsecured Creditors are:

     Robert J. Dehney, Esq.
     Andrew R. Remming, Esq.
     Marcy J. McLaughlin, Esq.
     MORRIS, NICHOLS, ARSHT & TUNNELL LLP
     1201 North Market Street, Suite 1600
     Wilmington, DE 19801
     Telephone: (302) 658-9200
     Facsimile: (302) 658-3989

          - and -

     Christopher R. Donoho, III, Esq.
     Ronald J. Silverman, Esq.
     Raphaella S. Ricciardi, Esq.
     HOGAN LOVELLS US LLP
     875 Third Avenue
     New York, New York 10022
     Telephone: 212-918-3000
     Facsimile: 212-918-3100

                       About Abengoa S.A.

Spanish energy giant Abengoa S.A. is a leading engineering and
clean technology company with operations in more than 50
countries worldwide that provides innovative solutions for a
diverse range of customers in the energy and environmental
sectors.  Abengoa is one of the world's top builders of power
lines transporting energy across Latin America and a top
engineering and construction business, making massive renewable-
energy power plants worldwide.

As of the end of 2015, Abengoa, S.A. was the parent company of
687 other companies around the world, including 577 subsidiaries,
78 associates, 31 joint ventures, and 211 Spanish partnerships.
Additionally, the Abengoa Group held a number of other interests
of less than 20% in other entities.

On Nov. 25, 2015, in Spain, Abengoa S.A. announced its intention
to seek protection under Article 5bis of Spanish insolvency law,
a pre-insolvency statute that permits a company to enter into
negotiations with certain creditors for restricting of its
financial affairs.  The Spanish company is facing a March 28,
2016, deadline to agree on a viability plan or restructuring plan
with its banks and bondholders, without which it could be forced
to declare bankruptcy.

On March 16, 2016, Abengoa presented its Business Plan and
Financial Restructuring Plan in Madrid to all of its
stakeholders.

                      About Abeinsa Holding

Abeinsa Holding Inc., Abengoa Solar LLC, Abeinsa EPC LLC, Abencor
USA, LLC, Nicsa Industrial Supplies LLC, Abener Construction
Services LLC, Abeinsa Abener Teyma General Partnership, Abener
Teyma Mojave General Partnership, Abener Teyma Inabensa Mount
Signal Joint Venture, Teyma USA & Abener Engineering and
Construction Services General Partnership, Teyma Construction USA,
LLC, Abener North America Construction L.P., and Inabensa USA,
LLC,
filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Lead Case
No.
16-10790) on March 29, 2016.  The petitions were signed by Javier
Ramirez as treasurer.  They listed $1 billion to $10 billion in
both assets and liabilities.

Abener Teyma Hugoton General Partnership and five other entities
filed separate Chapter 11 petitions on April 6, 2016; and Abengoa
US Holding, LLC, Abengoa US, LLC and Abengoa US Operations, LLC
filed Chapter 11 petitions on April 7, 2016.  The cases are
consolidated under Lead Case No. 16-10790.

DLA Piper LLP (US) represents the Debtors as counsel.  Prime Clerk
serves as the Debtors' claims and noticing agent.

Andrew Vara, acting U.S. trustee for Region 3, appointed five
creditors of Abeinsa Holding Inc. and its affiliates to serve on
the official committee of unsecured creditors.

The Abeinsa Committee is represented by MORRIS, NICHOLS, ARSHT &
TUNNELL LLP's Robert J. Dehney, Esq., Andrew R. Remming, Esq., and
Marcy J. McLaughlin, Esq.; and HOGAN LOVELLS US LLP's Christopher
R. Donoho, III, Esq., Ronald J. Silverman, Esq., and M. Shane
Johnson, Esq.


ALERE INC: Egan-Jones Lowers Sr. Unsecured Ratings to B+
--------------------------------------------------------
Egan-Jones Ratings Company, on Nov. 17, 2016, downgraded the senior
unsecured ratings on debt issued by Alere Inc. to B+ from BB-.

Alere Inc. is a global diagnostic device and service provider. The
company was founded in 2001 and is headquartered in Waltham,
Massachusetts.



AMERICAN APPAREL: To Close Nine Stores by Month's End
-----------------------------------------------------
Patrick Fitzgerald and Sarah Chaney, writing for The Wall Street
Journal Pro Bankruptcy, reported that American Apparel LLC is
handing out pink slips to workers at nine of its stores, including
its outlets in Georgetown and Tribeca, this holiday season as the
struggling retailer readies itself for a January auction of its
business.

According to the report, the company said in a court filing it
intends to shut down the nine poorly performing stores by the end
of the month -- before a planned auction of more than 90 of the
company's remaining stores.

The retailer is throwing in the towel at the nine locations because
these stores are likely to be left behind by any retail purchaser,
restructuring adviser Joseph D'Ascoli in a filing with the U.S.
Bankruptcy Court in Wilmington, Del., told the Journal.

"Additionally, store managers at several of these stores have
resigned, increasing the challenge of continuing to operate them
during the holiday season," Mr. D’Ascoli, who is a managing
director at Berkeley Research Group, further told the Journal.

The Journal, citing a person familiar with the process, said
American Apparel expects to receive bids for at least some of its
remaining retail outlets at the January auction.  In the case of a
sale, the buyer would likely purchase about 50 of the
top-performing stores, the Journal further cited the person as
saying.  The nine stores being closed aren't in that group, the
Journal noted.

                      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.

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 EAGLE: 2nd Amended Plan Declared Effective
---------------------------------------------------
BankruptcyData.com reported that American Eagle Energy's Second
Amended Chapter 11 Plan of Liquidation became effective, and the
Company emerged from Chapter 11 protection.  The U.S. Bankruptcy
Court confirmed the Plan on November 17, 2016.  BankruptcyData's
detailed analysis and Plan Summary notes, "The purpose of the Plan

is to provide for the distribution of the Sale Proceeds to the
holders of Claims against the Debtors, and to create the
Liquidation Trust to oversee an orderly liquidation and
distribution of the Debtors' remaining assets."  In addition,
"General Unsecured Claims will receive a payment from the Retained

Cash equal to a pro rata share of the Unsecured Creditor Payment.
The holders of all Allowed General Unsecured Claims, including the

holders of any Deficiency Claims, will each receive a pro rata
share of the Beneficial Interests in the Liquidating Trust, for a
>10% rate of recovery.  All Equity Interests issued by American

Eagle and AMZG, Inc. will be cancelled.  Each holder of an Equity
Interest will neither receive nor retain any property or interest
in property on account of such Equity Interest and such holder
will have no Claim against the Debtors or the Liquidating Trust."

                About American Eagle Energy Corp.

Littleton, Colorado-based American Eagle Energy Corporation is
engaged in the acquisition, exploration and development of oil and

gas properties.  The Company is primarily focused on extracting
proved oil reserves from those properties.

American Eagle Energy Corporation and its wholly-owned subsidiary,

AMZG, Inc., filed on May 8, 2015, voluntary petitions (Bankr. D.
Colo. Case No. 15-15073).  The case is assigned to Judge Howard R.

Tallman.  

American Eagle Energy disclosed total assets of $21,980,687 and
total liabilities of $193,604,113 as of the Chapter 11 filing.

The Debtors are represented by Elizabeth A. Green, Esq., at Baker
& Hostetler LLP, in Orlando, Florida.

The U.S. Trustee for Region 6 appointed seven creditors to serve
on the Official Committee of Unsecured Creditor.  The Committee
tapped Pachulski Stang Ziehl & Jones LLP as counsel, and Conway
Mackenzie as financial advisor.

Counsel for the Ad Hoc Noteholder Group are Paul N. Silverstein,
Esq. and Timothy A Davidson II, Esq. of Andrews Kurth Kenyon LLP.


ANDREA DISTRIBUTING: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------------------
The Office of the U.S. Trustee on Dec. 6, 2016, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of Andrea Distributing Inc.

Andrea Distributing Inc. Filed for Chapter 11 bankruptcy protection
(Bankr. W.D. Wis. Case No. 16-13479) on Oct. 12, 2016, estimating
its assets at up to $50,000 and its liabilities at between $100,001
and $500,000.  Thomas O. Mulligan, II, Esq., at Mulligan Law Office
presides over the case.


ARCHDIOCESE OF ST. PAUL: Committee Files Rival Exit Plan
--------------------------------------------------------
The official committee of unsecured creditors of the Roman Catholic
Archdiocese of St. Paul and Minneapolis filed a rival Chapter 11
plan that proposes to end hundreds of clergy sex abuse claims.

The plan proposes to create a trust for the benefit of sex abuse
claimants.  The trust will be funded from amounts transferred from
so-called plan implementation account; cash contributed pursuant to
settlement agreements with insurers; certain unliquidated interests
and claims transferred by the archdiocese; and insurance interests.


The archdiocese will establish the plan implementation account on
or before the effective date of the plan and will deposit at least
$117.75 million into the account.

Upon establishment of the trust, non-cash assets will be
transferred to it, which include insurance interests with an
estimated value of not less than $1.079 billion, and the
archdiocese's $14.2 million claim in the liquidation proceeding of
Home Insurance Company.

Creditor claims will not be paid in full by the plan.  Thus, to
permit the archdiocese to contribute the liquidation value of all
of its assets, it may obtain a $38.01 million loan and transfer the
proceeds to the trust.  The loan may be secured by a lien on all of
the archdiocese's real property.

The committee filed its own restructuring plan after it found many
provisions of the plan proposed by the archdiocese to be
"problematic" or "incomplete," according to the disclosure
statement filed on November 17.

The archdiocese's latest restructuring plan has offered to pay $132
million to settle child sex abuse claims against its clergy.  The
sum is more than double the $65 million previously offered by the
archdiocese and rejected by plaintiffs.

A copy of the disclosure statement is available for free at
https://is.gd/mCEUy0

               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.


ASHLAND LLC: Egan-Jones Lowers Sr. Unsecured Ratings to BB-
-----------------------------------------------------------
Egan-Jones Ratings Company, on Nov. 17, 2016, downgraded the senior
unsecured ratings on debt issued by Ashland LLC to BB- from BB.

Ashland Inc. is a global specialty chemical company serving a
markets, including architectural coatings, automotive,
construction, energy, food and beverage, personal care,
pharmaceutical, tissue and towel, and water treatment.



ASSOCIATED MATERIALS: S&P Affirms Then Withdraws 'B-' CCR
---------------------------------------------------------
S&P Global Ratings said it affirmed its 'B-' long-term corporate
credit rating on U.S.–based exterior building products company
Associated Materials LLC.  At the same time, S&P affirmed its 'B-'
issue-level ratings on the company's senior secured notes.

Subsequently, S&P withdrew all of its ratings on Associated
Materials at the company's request.  The outlook at the time of
withdrawal was stable.



ASSOCIATED THORACIC: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------------------
The Office of the U.S. Trustee on Dec. 5 disclosed that no official
committee of unsecured creditors has been appointed in the Chapter
11 case of Associated Thoracic & Cardiovascular Surgeons, Ltd.

Associated Thoracic & Cardiovascular Surgeons, Ltd. filed a Chapter
11 petition (Bankr. D. Ariz. Case No. 16-11909), on October 14,
2016.  The petition was signed by Herman Pang, president.  

Mr. Pang sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. D. Ariz. Case No. 16-11910) on October 17, 2016.  The cases
are jointly administered and are assigned to Judge Brenda K.
Martin.  

The Debtors are represented by Lamar D. Hawkins, Esq., Aiken Schenk
Hawkins & Ricciardi, P.C.  

At the time of filing, Associated Thoracic estimated assets at
$500,000 to $1 million and liabilities at $1 million to $10
million.  Associated Thoracic did not include a list of its largest
unsecured creditors when it filed the petition.


AVISON YOUNG: Moody's Assigns B2 CFR & Rates $130MM Sr. Notes B3
----------------------------------------------------------------
Moody's Investors Service assigned a B2 corporate family rating and
B2-PD probability of default rating to Avison Young (Canada) Inc.
Concurrently Moody's assigned a B3 rating to the company's US$130
million senior secured notes issuance.  The outlook is stable.
This is the first time Moody's has assigned a rating to Avison
Young.

These ratings were assigned:

Issuer: Avison Young (Canada) Inc.
  Corporate Family Rating at B2
  Probability of Default Rating at B2-PD
  Senior Secured Notes at B3 (LGD4, 65%)

                           RATINGS RATIONALE

The B2 CFR reflects Avison Young's relatively small size compared
to global peers, the cyclicality of some of its business lines, and
the risks associated with its acquisition and growth strategy.
Avison Young is a commercial real estate services company comprised
of four main divisions: leasing, sales and capital markets,
property and facilities management and advisory services/investment
management.  Combined, leasing, sales and capital markets
(collectively brokerage) represented approximately 73% of revenues
over the last twelve months.  These business lines are highly
correlated to real estate and economic cycles, creating volatility
in revenues.  However, some of this exposure is offset by the
company's variable operating expenses, such as commissions, which
mitigate Avison Young's downside during difficult real estate
cycles.  Since the beginning of its growth phase in 2008, Avison
Young has grown rapidly through acquisitions and the recruitment of
brokers primarily in the US and Canada.

These challenges are offset by solid credit metrics, adequate
near-term liquidity with no upcoming debt maturities, an unused
revolver and an experienced management team.  The company has a
distinctive business strategy that centers on recruitment and
retention of high quality talent with a compensation structure
heavily weighted in company equity that vests over time.  Proceeds
from the proposed debt offering will be used to refinance
approximately CAD$100 million of bank debt, purchase a portion of
its minority equity partner's common equity and for general
corporate purposes.  Avison Young is privately held and
post-transaction close to 85% of its shares will be held by
principals of the company.

The stable rating outlook reflects Moody's expectation that the
company will continue to expand its platform across service lines
and geographies while maintaining leverage and coverage metrics, at
a minimum, at post-transaction levels.

Moody's notes Avison Young has a short history operating in its
current form.  Therefore, consideration for an upgrade would be
predicated on strong operating performance through real estate and
economic cycles.  A ratings upgrade would likely reflect a broader,
less cyclical business mix, specifically non-brokerage operating
income increasing to over one-third of total operating income.  In
addition, an upgrade would be predicated upon continued revenue
growth in excess of $1 billion annually, achieved in a measured,
leverage-neutral manner.  Negative ratings pressure would result
should Debt/EBITDA rise closer to 6x or EBITA/Interest decline
closer to 1.5x, both on a sustained basis. In addition, any
deterioration in liquidity would place negative pressure on the
rating.

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

Avison Young (Canada) Inc. is a commercial real estate services
firm operating primarily in the US and Canada, with presence in
Europe.  The company serves property owners, investors and
occupiers in 67 offices across 5 countries.  The trailing for
twelve month period ended Sept. 30, 2016, Avison Young had
$500 million in revenues.


BCDG LP: Selling Six Iowa McDonald's Franchises for $3.3 Million
----------------------------------------------------------------
BCDG, LP, asks the U.S. Bankruptcy Court for the Southern District
of Iowa to authorize the sale of substantially all assets used in
connection with the operation of each of its 6 McDonald's
restaurants to McDonald's Restaurants of Iowa, Inc., for
$3,316,047, plus an amount equal to the amount of cash on hand,
plus the value of the inventories, operating supplies and paper
goods, gift certificates, promotional material, and new and unused
uniforms.

The Debtor is a franchise of 6 McDonald's restaurants, 5 located in
Des Moines, Iowa, and one in Indianola, Iowa.

As set forth in the First and Second Stipulated Orders Authorizing
Interim Use Of Cash Collateral and Approving Adequate Protection,
Citizens Bank, N.A., formerly known as RBS Citizens, N.A., is owed
by the Debtor the aggregate amount of the $6,216,767 as of Nov. 14,
2016, and holds a first priority, perfected security interest in
all assets of the Debtor.

The Iowa Department of Revenue ("IDR") alleges that IDR holds a
secured claim encumbering the Debtor's assets in the amount of
$443,704.  The Debtor asserts that IDR's secured claim is junior to
Citizens' first priority perfected security interest in the
Debtor's assets.

The purchase price plus all other amounts payable to the Debtor
under the Asset Purchase Agreement will be remitted to Citizens at
closing, less these two deductions: (i) $443,704 to IDR in full
satisfaction of IDR's claims against the Debtor for all sales taxes
due and owing by the Debtor to IDR; and (ii) $250,000 to the
Debtor's bankruptcy estate to be distributed in accordance with the
Bankruptcy Code.

A copy of the Agreement and list of the McDonald's restaurants
attached to the Motion is available for free at:

              http://bankrupt.com/misc/BCDG_LP_45_Sales.pdf

The salient terms of the Agreement are:

    a. Purchased Assets: Substantially all of the assets used in
connection with the operation of each of the McDonald's
restaurants.

    b. Purchase Price: $3,316,047, plus an amount equal to the
amount of cash on hand at the restaurant plus the value, taken at
cost, of: (i) the inventories of food, operating supplies and paper
goods of a quality useable and/or saleable in the normal course of
business at the restaurant; (ii)
gift certificates; (iii) such promotional material as Purchaser, in
its sole discretion, desires to purchase; and (iv) new and unused
uniforms of the style approved for use at the restaurant.

    c. Buyer: McDonald's Restaurants of Iowa, Inc.

    d. Seller: BCDG, LP

    e. Closing and Effective Date: Dec. 31, 2016, at the McDonald's
USA, LLC office located at 2915 Jorie Boulevard, Oak Brook,
Illinois.

To facilitate and effect a sale of the assets, the Debtor will be
required to assume and assign to McDonald's those "Franchise
Agreements" and real property leases.  The Debtor is default under
both the Franchise Agreements and Leases.  The total amount needed
to cure the defaults is $590,281 ("Cure Amount").  The Debtor asks
the Court to approve the assumption and assignment of the Franchise
Agreements and Leases.

Objections, if any, to the proposed assumption and assignment of
the Franchise Agreements or Leases, including, but not limited to,
objections relating to any Cure Amount and/or adequate assurances
of future performance, must be filed on or before 4:00 p.m. (PCT)
at least 5 business days prior to the Sale Hearing.

The proposed sale constitutes a sound exercise of Debtor's business
judgment and has been proposed in good faith.  A sale of the assets
will aid in minimizing the expenses of the Debtor's estate,
resulting in greater distribution to creditors.  Accordingly, the
Debtor asks the Court to approve the sale of assets to McDonald's
for the purchase price, pursuant to the APA, free and clear of all
liens, claims, encumbrances and interests, including any successor
liability related to sales taxes.

The Debtor asks the Court to waive the stay provisions of
Bankruptcy Rules 6004(h) and 6006(d).

The Purchaser:

          MCDONALD'S RESTAURANTS OF IOWA, INC.
          One McDonald's Plaza
          Oak Brook, IL 60523
          Attn: U.S. Vice President – U.S. General Counsel

The Purchaser is represented by:

          MCDONALD'S USA, LLC
          One McDonald's Plaza
          Oak Brook, IL 60523
          Attn: Managing Counsel

                         About BCDG, LP

BCDG, LP, d/b/a McDonald's, filed a chapter 11 petition (Bankr.
S.D.
Iowa Case No. 16-02263) on Nov. 18, 2016.  The petition was signed
by Brown Customer Delight Group, Inc., general partner.  The
Debtor
is represented by Jeffrey D. Goetz, Esq., Chet A. Mellema, Esq.,
and Krystal R. Mikkilineni, Esq., at Bradshaw, Fowler, Proctor &
Fairgrave PC.  The Debtor disclosed total assets at $6.70 million
and total liabilities at $15.62 million.


BDP INNOVATIVE: Jan. 11 Plan, Disclosures Hearing
-------------------------------------------------
Judge Roberta A. Colton of the U.S. Bankruptcy Court for the Middle
District of Florida conditionally approved the fourth amended
disclosure statement explaining BDP Innovative Chemicals Company's
amended plan of liquidation, and scheduled an evidentiary hearing
for January 11, 2017, at 10:00 a.m., to consider and rule on the
Disclosure Statement and any objections or modifications, and to
conduct a confirmation hearing.

Creditors must file their written acceptances or rejections no
later than January 5.  Any party desiring to object to the
Disclosure Statement or to confirmation must file its objection no
later than January 10.  The Debtor must file a ballot tabulation no
later than January 9.

Creditors Lance Renfrow and Clear Solutions USA, LLC, objected to
the Third Amended Disclosure Statement

BDP Innovative Chemicals Company filed a Chapter 11 petition
(Bankr. M.D. Fla. Case No. 16-00184) on Jan. 11, 2016.  Justin M.
Luna, Esq., at Latham, Shuker, Eden & Beaudine, LLP.

The Bankruptcy Court has ordered the U.S. Trustee to appoint an
examiner in the Chapter 11 case.


BIOSCRIP INC: Gabelli Funds Reports 12.5% Stake as of Dec. 2
------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Gabelli Funds, LLC disclosed that as of Dec. 2, 2016,
it beneficially owns 14,712,910 shares of common stock of BioScrip,
Inc., which represents 12.5 percent of the shares outstanding.  A
full-text copy of the regulatory filing is available for free at
https://is.gd/4zG1ft

                        About Bioscrip

Headquartered in Denver, Colo., BioScrip, Inc., is a national
provider of home infusion services.  The company's clinical
management programs and services provide access to prescription
medications for patients with chronic and acute healthcare
conditions, including gastrointestinal abnormalities, infectious
diseases, cancer, pain management, multiple sclerosis, organ
transplants, bleeding disorders, rheumatoid arthritis, immune
deficiencies and heart failure.

As of Sept. 30, 2016, Bioscrip had $595.40 million in total assets,
$550.05 million in total liabilities, $2.38 million in series A
convertible preferred stock, $67.24 million in series C convertible
preferred stock and a total stockholders' deficit of $24.28
million.

Bioscrip reported a net loss attributable to common stockholders of
$309.51 million in 2015, a net loss attributable to common
stockholders of $147.68 million in 2014 and a net loss attributable
to common stockholders of $69.65 million in 2013.

                          *    *    *

As reported by the TCR on Nov. 15, 2016, S&P Global Ratings lowered
its corporate credit rating on home infusion services provider
BioScrip Inc. to 'CCC' from 'CCC+' and revised the outlook to
developing from stable.  "The downgrade reflects our belief that
the company could face a liquidity event within 12 months if it is
unable to rapidly improve profitability; moreover, given the
company's lowered guidance, its meaningful EBITDA shortfall in the
third quarter, and its pattern of falling short of its
expectations, our confidence in the company's ability to execute on
its cost-cutting and other strategic initiatives is limited," said
credit analyst Elan Nat.

In March 2016, Moody's Investors Service downgraded BioScrip,
Inc.'s Corporate Family Rating to 'Caa2' from 'Caa1' and
Probability of Default Rating to 'Caa2-PD' from 'Caa1-PD'.


C&D BOBCAT: Voluntary Chapter 11 Case Summary
---------------------------------------------
Debtor: C&D Bobcat and Backhoe, LLC
        15121 Spillman Ranch Loop
        Bee Cave, TX 78738

Case No.: 16-11447

Chapter 11 Petition Date: December 6, 2016

Court: United States Bankruptcy Court
       Western District of Texas (Austin)

Judge: Hon. Tony M. Davis

Debtor's Counsel: Frank B. Lyon, Esq.
                  FRANK B. LYON - ATTORNEY AT LAW
                  Two Far West Plaza #170
                  3508 Far West Blvd.
                  Austin, TX 78731
                  Tel: (512) 345-8964
                  Fax: 512-697-0047
                  E-mail: franklyon@me.com
                         frank@franklyon.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by David Rumgay, director.

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/txwb16-11447.pdf


C&J ENERGY: Private Sale of Total E&S Assets for $17.5MM Approved
-----------------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court issued
an order approving C&J Energy Services' expedited motion for entry

of an order (i) authorizing the private sale of certain of Total
E&S, Inc.'s assets, free and clear of liens, claims, encumbrances
and interests; (ii) authorizing the licensure of certain of C&J
Spec-Rent Services, Inc.'s related intellectual property and (iii)

authorizing CJ Holding and C&J Energy Services to enter into an
exclusive supply agreement with an unaffiliated third party in
conjunction with such private sale and license. As previously
reported, "The Transactions substantially benefit the Debtors'
estates by permitting the Debtors to procure an exclusive supply
of products necessary to operate the Debtors' business at a cost
that is substantially lower than the Debtors' presently incur by
manufacturing such products 'in house.' Moreover, the Transactions

allow the Debtors to sell at fair market value the machinery,
inventory and other products that they will no longer need after
ceasing 'in house' manufacturing. In sum, the Transactions present

a 'win-win' situation for the Debtors' estates: they obtain
uniquely favorable pricing from an industry leader under the
Supply. Agreement and they obtain $17.5 million (subject to
adjustments under the Asset Purchase Agreement) for machinery and
products they will no longer need."

                    About C&J Energy

C&J Energy Services -- http://www.cjenergy.com/-- is a provider  
of well construction, well completions, well support and other
complementary oilfield services to oil and gas exploration and
production companies. As one of the largest completion and
production services companies in North America, C&J offers a full,

vertically integrated suite of services involved in the entire
life cycle of the well, including directional drilling, cementing,

hydraulic fracturing, cased-hole wireline, coiled tubing, rig
services, fluids management services and other special well site
services.  C&J operates in most of the major oil and natural gas
producing regions of the continental United States and Western
Canada.

C&J Energy Services Ltd. and 14 of its subsidiaries each filed a
voluntary petition under Chapter 11 of the Bankruptcy Code (Bankr.

S.D. Tex. Lead Case No. 16-33590) on July 20, 2016.  The Debtors'
cases are pending before Judge David R. Jones.

The law firms Loeb & Loeb LLP, Kirkland & Ellis LLP serve as the
Debtors' counsel.  Fried, Frank, Harris, Shriver & Jacobson LLP
acts as special corporate and tax counsel to the Debtors.
Investment bank Evercore is the Debtors' financial advisor, and
AlixPartners is the Debtors' restructuring advisor.  Ernst & Young

Inc. is the proposed information officer for the Canadian
proceedings.  Donlin, Recano & Company, Inc., serves as the
claims, noticing and balloting agent.

U.S. Trustee Judy A. Robbins appointed five creditors to serve on
the official committee of unsecured creditors in the Chapter 11
case of CJ Holding Co., et al.  The Committee hired Greenberg
Traurig, LLP, as counsel for the Committee, Conway MacKenzie,
Inc., to serve as its financial advisor, Carl Marks Advisory Group

LLC as investment banker.


C.H.I.R. CORPORATION: Disclosure Statement Hearing Set for Dec. 13
------------------------------------------------------------------
Judge Laurel M. Isicoff of the U.S. Bankruptcy Court for the
Southern District of Florida is set to hold a hearing on Dec 13,
2016 at 9:30 A.M. to consider approval of the disclosure statement
and plan of organization filed on Nov 3, 2016 by C.H.I.R. Corp.

As reported by the Troubled Company Reporter on Nov 23, 2016,
unsecured creditors will get 1% under the plan. The plan will be
funded from C.H.I.R.'s income from rental of its real properties
and from its equity security holders' contribution.  A copy of the
disclosure statement is available for free at:

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

The last day for filing and serving objections to the disclosure
statement is on Dec. 6, 2016.

                 About C.H.I.R. Corporation

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

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


CAESARS ENTERTAINMENT: Unit's Bank Lenders Threaten To End Deal
---------------------------------------------------------------
The American Bankruptcy Institute, citing Tracy Rucinski of
Reuters, reported that the bank lenders of Caesars Entertainment
Corp's operating unit said they might walk away from a plan to
bring the casino unit out of its $18 billion bankruptcy,
potentially sending a high-stakes reorganization plan into
disarray.

According to the report, the committee of bank lenders, which
includes Blackstone Group LP's GSO Capital Partners, has yet to
resolve a dispute over the terms of their recovery, their lawyer
Kristopher Hansen said at a hearing in U.S. Bankruptcy Court in
Chicago on December 6.

Mr. Hansen said the lenders would inform the court on the status of
a deal by Dec. 14, a month before a scheduled confirmation trial in
Caesars Entertainment Operating Co Inc's long-running bankruptcy
case, the report related.  Without a deal, Mr. Hansen said the
committee would terminate a restructuring support agreement,
forcing the confirmation trial to be postponed from Jan. 17, the
report further related.

Bank lenders, which had been among the first to back the unit's
reorganization plan, say their support depends on documentation
that ensures the market value of the non-cash consideration they
are set to receive under the plan, the report said.  Without the
documentation, committee members said they would change their votes
on the plan, the report added.

                    About Caesars Entertainment

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

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

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

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

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

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

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

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

                         *     *     *

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

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

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


CALATLANTIC GROUP: Fitch Hikes Issuer Default Rating to 'BB'
------------------------------------------------------------
Fitch Ratings has upgraded the ratings of CalAtlantic Group, Inc.
(NYSE: CAA), including the company's Issuer Default Rating (IDR),
to 'BB' from 'BB-'. The Rating Outlook is Stable.

KEY RATING DRIVERS

The upgrade of the company's IDR to 'BB' reflects the company's
execution of its business model in the current moderately
recovering housing environment, its land policies, and geographic
diversity. The upgrade is also supported by the company's improving
financial results and credit metrics following the merger with The
Ryland Group (Ryland) in October 2015.

Risk factors include the cyclical nature of the homebuilding
industry. The ratings also take into account CAA's recently
implemented share repurchase program. In July 2016, CAA's board
authorized a $500 million share repurchase program, replacing the
previous $200 million authorization put in place in February 2016.
Through the first ten months of 2016, CAA repurchased about $187
million of its stock, funded primarily with free cash flow.

IMPROVING FINANCIAL RESULTS AND CREDIT METRICS

The company completed its merger with The Ryland Group on Oct. 1,
2015 and the integration of the two companies has proceeded well
and management has achieved its targeted annual synergy run rate of
$80 million. CAA's homebuilding revenues during the first nine
months of 2016 increased 22% on a proforma basis to $4.4 billion as
home deliveries grew 13% and the average selling price advanced 8%.
The company reported homebuilding pretax income of $505.6 million
or 11.5% of homebuilding revenues during the first nine months of
2016, up from $383.7 million or 10.6% during the same period last
year.

CAA's net debt (homebuilding debt less unrestricted homebuilding
cash) to capitalization declined from 53.7% at the end of 2014 to
46.4% at the conclusion of 2015 and 45.1% as of Sept. 30, 2016.
Debt to EBITDA improved from 4.5x at the end of 2014 to 4.0x for
the latest-12-months (LTM) ending Sept. 30, 2016. Interest coverage
rose from 3.1x during 2014 to 3.4x in 2015 and 4.0x for the Sept.
30, 2016 LTM period. Fitch expects further improvement in these
credit metrics, including debt to EBITDA at or below 3.5x and
interest coverage approaching 5x by the end of 2017, which are
consistent with the positive rating triggers identified by Fitch
last year. Additionally, net debt to capitalization is projected to
be below 45% by the end of 2017.

LAND POSITION AND SPENDING

As of Sept. 30, 2016, the company controlled roughly 67,964 lots,
of which 75.6% were owned and the remaining lots controlled through
options and joint ventures. Total lots controlled increased 91% YOY
as a result of the combination with Ryland, which closed on Oct. 1,
2015. On a pro forma basis, total lots controlled declined 10.3%
YOY as the pro forma owned land position fell 4.9% and its lots
under option fell 23%.

Based on LTM closings, CAA's total lots controlled declined from
about seven years as of Sept. 30, 2015 to five years currently
while owned lots fell from 5.8 years to 3.8 years currently. The
company's current lot position is roughly in line with the average
lot positions of issuers in Fitch's homebuilding coverage. The
company ultimately wants to reduce its total controlled lots to
about four years based on a trailing-12-months basis.

CAA's land and development spending totalled $1.6 billion on a
proforma basis during 2015. Through the first nine months of 2016,
CAA expended $1.15 billion on land and development activities. For
all of 2016, the company is targeting approximately $1.7 billion of
land and development spending. At this level of spending, Fitch
expects CAA will be modestly cash flow positive for the year.

Fitch is comfortable with this real estate strategy given the
company's strong liquidity position and management's demonstrated
ability to manage its spending. Management reiterated that land and
development spending will remain a priority, but the company will
adhere to its strict underwriting guidelines. Additionally, Fitch
expects management will pull back on spending if the current
recovery in housing stalls or dissipates.

LIQUIDITY AND CASH FLOW

As of Sept. 30, 2016, CAA had unrestricted cash of $184 million and
$491.1 million of availability under its $750 million revolving
credit facility that matures in October 2019.

The company generated positive cash flow from operations (CFFO) of
$112 million for the LTM period ending Sept. 30, 2016 after
reporting negative CFFO of $362.4 million during 2014 and negative
$271.5 million during 2015. Fitch expects CAA will generate
positive CFFO of $150 million - $350 million during 2016 and
perhaps a modestly higher amount in 2017.

CAA has meaningful debt coming due in the next 18 months, including
$230 million of senior notes maturing in May 2017, $575 million of
senior notes coming due in May 2018 and $225 million of convertible
senior notes maturing in May 2018. Additionally, holders of the
company's $253 million 1.25% convertible senior notes due 2032 may
require the company to purchase all or any portion of their notes
for cash on August 1, 2017. CAA has shown the ability to access the
capital markets, issuing $300 million of 5.25% 10-year senior
unsecured notes in May 2016. Fitch expects the company will access
the capital markets to refinance its upcoming debt maturities.

GEOGRAPHIC DIVERSITY

CAA was the 5th largest U.S. homebuilder in 2015 (on a proforma
basis) based on home closings. More importantly, according to
management, CAA has a top 10 market share in 22 metropolitan
statistical areas (MSAs), including a top five market share in 11
of the 25 largest MSAs. It is one of the most geographically
diverse builders with operations in 41 markets across 17 states.
Management estimates that about 22% of its third quarter 2016
deliveries were from entry-level buyers, 68% from move-up buyers,
8% from luxury buyers and 2% from the active adult sector.

HOUSING CONTINUES MODERATE RECOVERY

Though far from spectacular, the 2016 spring selling season was
solid. Fitch is projecting single-family starts to expand 10% in
2016 while multifamily volume falls about 1%. Total starts would be
roughly 1.18 million (up 6%). New home sales should improve about
14%, while existing home sales rise 3%.

The year 2017 could prove to be almost a mirror image of 2016.
Economic growth should be somewhat stronger in 2017, although
overall inflation should be more pronounced. Interest rates will
rise further but demographics and employment growth should be at
least as positive in 2017. First-time buyers will continue to
gradually represent a higher portion of housing purchases as
millennials are making an entry in the home-buying market and
credit qualification standards loosen further. Land and labor costs
will inflate more rapidly than materials costs. New home prices
will continue to benefit from still-restrained levels of new home
inventory, although a greater mix toward first-time/entry-level
products will likely confine new home price appreciation to the low
single digits.

Fitch projects single-family starts will expand 10% while
multi-family volume grows about 1%. Total starts would be
approximately 1.26 million, up 7% from 2016. New and existing home
sales should advance 10% and 1.7%, respectively.

Longer term, there are regulatory risks, including uncertainty over
the incoming administration's housing policies.

SOME EROSION IN AFFORDABILITY

The most recent Freddie Mac 30 year average mortgage rate increased
more than 50 bps from 3.54% before the elections to 4.08% based in
the most current survey. Of course, current rates are still well
below historical averages and help moderate the effect of much
higher home prices during the past few years. Income growth has
been (and may continue to be) relatively modest. Nevertheless,
there has been some lessening of affordability as the upcycle in
housing has matured. The Realtor Association's composite
affordability index peaked at 207.3 in the first quarter of 2012,
averaged 176.9 in 2013, 165.8 in 2014, 165.7 in 2015 and was 167.5
in September 2016.

Affordability in the U.S. remains very good by historical
standards, despite the increase in home prices. The home
price/income ratio is at the lowest level in over 25 years and
mortgage rates remain near historical lows. However, the abrupt
increase in interest rates following the November 2016 elections
could meaningfully erode affordability and trigger a temporary
slowdown in demand. Such was the case in 2013 when interest rates
increased from an average of 3.45% in April to 4.49% in September
2013. During the last two months of 2013 existing home sales (on a
seasonally-adjusted basis) fell almost 10% compared with the level
reported in July 2013. Fitch expects mortgage rates will be 40
bps-50 bps higher, on average, during 2017 compared with 2016.

KEY ASSUMPTIONS

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

   -- Industry single-family housing starts improve 10%, while new

      and existing home sales grow 14% and 3.0%, respectively, in
      2016. Fitch expects the housing upcycle to continue in 2017,

      with single-family housing starts advancing 10% while new
      and existing home sales improve 10% and 1.7%, respectively;

   -- CAA's homebuilding revenues increase about 7% - 10% in 2017;
   
   -- The company's net debt to capitalization ratio settles at
      about 46% at the end of 2016 and below 45% at year-end 2017;

   -- CAA generates cash flow from operations of $150 million to
      $350 million during 2016 and perhaps a modestly higher
      amount in 2017;

   -- The company makes moderate share repurchases, funded
      primarily with FCF;

   -- CAA maintains an adequate liquidity position (above $500
      million) with a combination of unrestricted cash and
      revolver availability.

RATING SENSITIVITIES

Additional positive rating actions may be considered if CAA shows
further steady improvement in credit metrics (such as net debt to
capitalization ratio consistently approaching 40%), while
maintaining a healthy liquidity position (in excess of $700 million
in a combination of cash and revolver availability) and continues
generating consistent positive cash flow from operations as it
manages its land and development spending.

Negative rating actions may be considered if there is sustained
erosion of profits due to either weak housing activity, meaningful
and continued loss of market share, and/or ongoing land, materials
and labor cost pressures (resulting in margin contraction and
weakened credit metrics, including net debt to capitalization
sustained at or above 50%) and CAA maintains an overly aggressive
land and development spending program that leads to consistent
negative cash flow from operations, higher debt levels and
diminished liquidity position. In particular, Fitch will be focused
on assessing the company's ability to repay debt maturities with
available liquidity and internally generated cash flow.

Negative rating actions may also be considered if the company
executes on a meaningful share repurchase program that is funded
primarily by debt, leading to weaker credit metrics and diminished
liquidity position

FULL LIST OF RATING ACTIONS

Fitch has upgraded the following ratings for CalAtlantic Group,
Inc.:

   -- Long-Term IDR to 'BB' from 'BB-';

   -- Senior unsecured debt to 'BB/RR4' from 'BB-/RR4';

   -- Unsecured revolving credit facility to 'BB/RR4' from 'BB-
      /RR4'.

The Recovery Rating of '4' for CAA's unsecured debt and revolving
credit facility support a rating of 'BB', and reflects average
recovery prospects in a distressed scenario.

The Rating Outlook is Stable.


CALIFORNIA HISPANIC: Plan Confirmation Hearing on Dec. 15
---------------------------------------------------------
Judge Scott C. Clarkson of the U.S. Bankruptcy Court for the
Central District of California approved California Hispanic
Commission on Alcohol and Drug Abuse, Inc.'s second amended Chapter
11 disclosure statement and accompanying second amended Chapter 11
plan of reorganization, dated Nov. 2, 2016.

A hearing on the Second Amended Chapter 11 Disclosure Statement was
held on Nov. 3, 2016 at 11:00 a.m.

A hearing to consider confirmation of the Plan will be held on Dec.
15, 2016, at 11:00 a.m. (PT), or as soon thereafter as counsel can
be heard.

The deadline for the receipt of Ballots accepting or rejecting the
Plan will be Nov. 28, 2016.

Any objections to confirmation of the Plan including, without
limitation, objections to the form of Litigation Trust and the
proposed Litigation Trustee, must be filed no later than Dec. 1,
2016.

               About California Hispanic Commission
                    on Alcohol and Drug Abuse

California Hispanic Commission on Alcohol and Drug Abuse, Inc., is
a nonprofit California corporation in existence since 1975 that
was founded to reduce the dependency of Hispanics on drug and
alcohol.

CHCADA's services include mandated out-patient substance abuse
treatment designed to avert drug use and deter criminal behavior,
residential substance abuse recovery programs to assist homeless
individuals with counseling as to substance problems, transitional
housing for women and children who have experienced domestic
violence, and other services.  CHCADA operates counseling
facilities in California pursuant to contracts with Orange and Los
Angeles counties.  Some of CHCADA's facilities are leased
properties and others are owned by CHCADA.

CHCADA filed for Chapter 11 bankruptcy protection (Bankr. C.D.
Calif. Case No. 16-10424) on Feb. 2, 2016.  The petition was signed
by James Hernandez, director.  The Debtor is represented by Jeremy
V. Richards, Esq., Linda F. Cantor, Esq., and Victoria A. Newmark,
Esq. at Pachulski Stang Ziehl & Jones LLP.  The case is assigned to
Judge Scott C. Clarkson.  The Debtor disclosed total assets at $5.8
million and total debts at $3.61 million.


CBL & ASSOCIATES: Fitch Assigns 'BB' Preferred Stock Rating
-----------------------------------------------------------
Fitch Ratings has assigned a 'BBB-' rating to the expected senior
unsecured notes due 2026 issued by CBL & Associates Limited
Partnership. Net proceeds are expected to be used to reduce amounts
outstanding under its revolving credit facilities and for general
corporate purposes.

KEY RATING DRIVERS

Fitch views CBL as having weaker access to capital (particularly
unsecured debt and equity) than most other investment grade REITs,
although Fitch views positively the company's access to the
unsecured bond market via this issuance. Market sentiment for 'B'
malls generally and CBL specifically has eroded given the
challenges ascertaining the long-term productivity and
financability of this asset class.

These factors are balanced by Fitch's expectation of otherwise
positively trending and investment grade leverage and fixed-charge
coverage (FCC) metrics. Further, while 'B' malls are less
financeable than most traditional real estate assets, they are
considerably more financeable than niche asset classes such as
casinos, data centers and hospitals.

EVOLVING ACCESS TO UNSECURED DEBT CAPITAL

Mortgage availability for 'B' malls is less plentiful and more
discerning than it was in prior years. Similarly, Fitch views CBL's
access to non-bank unsecured debt capital to be at the lower end of
the spectrum attributable to both its asset class and being a
less-seasoned issuer. Prior to this offering, CBL last raised
unsecured bonds via a $300 million offering in October 2014 and
$450 million via its inaugural unsecured bond offering in November
2013. In 4Q'15, the company obtained a $350 million, two-year
unsecured bank term loan (extendable to 2019 at the company's
option) after a terminated bond offering in 3Q'15, which Fitch
views as a weaker form of unsecured debt issuance.

The company does not have any unsecured debt maturities until 2018
(including company extension options), when $450 million of term
loans come due. However, the company typically has meaningful
amounts drawn on its unsecured lines of credit (40% drawn as of
Sept. 30, 2016), and the use of proceeds from this offering will be
used to repay outstanding debts.

SECURED MATURITIES WEIGH ON LIQUIDITY

CBL's base case liquidity ratio of 0.9x through the end of 2018 is
low for the rating and constrained by more than $1.4 billion of pro
rata debt maturities through 2018-end. Liquidity coverage improves
to 2.5x under a scenario whereby the company refinances 80% of
secured debt with new mortgages. Fitch expects the company will
seek to address these debt maturities via draws on the company's
unsecured revolving credit facilities, asset sale net proceeds, and
new secured debt refinancings or give backs to lenders.

Fitch defines liquidity coverage as sources of liquidity divided by
uses of liquidity. Sources of liquidity include unrestricted cash,
availability under unsecured revolving credit facilities, and
projected retained cash flow from operating activities after
dividends. Uses of liquidity include pro-rata debt maturities,
expected recurring capital expenditures and remaining development
costs.

INVESTMENT-GRADE CREDIT METRICS; SLIGHTLY HIGH LEVERAGE

CBL's LTM leverage was 6.5x at Sept. 30, 2016, as compared with
6.6x and 6.5x as of Dec. 31, 2015 and 2014, respectively. Fitch
expects that leverage will remain in the high 6.0x's into 2018,
driven by low single-digit SSNOI growth and asset sales, offset by
(re)development spending. Should CBL continue to return
over-levered mortgages to lenders, leverage could improve towards
6x.

Fitch recently revised the treatment of REIT cumulative perpetual
preferred stock to 50% equity credit from 100%. CBL's LTM leverage
based on net debt including 50% of preferred stock was 6.9x at
Sept. 30, 2016, slightly lower from both Dec. 31, 2015 and 2014.

Fixed-charge coverage was 2.3x for the trailing 12 months (TTM)
ended Sept. 30, 2016, and Fitch expects it to remain in the low
2x's area over the next 12-24 months. This level is appropriate for
the rating.

KEY ASSUMPTIONS

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

   -- SSNOI growth of 1% annual growth in 2016-2017;

   -- Development/redevelopment spend of $250-330 million annually

      in 2016-2017. The weighted average initial yield on cost for

      projects coming online is approximately 8%;

   -- Non-core asset sales totalling $40 million. The forecasted
      capitalization rate is 7%-9% given the lower-productivity
      nature of the assets;

   -- Recurring capital expenditures of $100 million annually in
      2016-2017, reflecting the reduced real estate footprint
      given asset sales and lender givebacks.

RATING SENSITIVITIES

The following factors may have a negative impact on the company's
ratings and/or Outlook:

   -- Should Fitch's opinion of CBL's access to debt and equity
      capital fail to improve;

   -- Failure to execute the asset repositioning strategy as a
      result of weaker liquidity in, or unattractive valuations of

      lower-tier properties;

   -- Fitch's expectation of leverage sustaining above 7.0x
      (leverage before preferred stock for the TTM ended Sept. 30,

      2016 was 6.5x);

   -- Fitch's expectation of fixed-charge coverage sustaining
      below 1.8x (coverage for the TTM ended Sept. 30, 2016 was
      2.3x);

   -- Reduced financial flexibility stemming from sustained high
      secured leverage and/or significant utilization under lines
      of credit;

   -- Failure to maintain unencumbered asset coverage of unsecured

      debt (based on a stressed 9% cap rate) around 2.0x (coverage

      was 1.9x as of Sept. 30, 2016).

While Fitch does not envision positive rating momentum in the near
term, the following factors may have a positive impact on CBL's
ratings and/or Outlook:

   -- Fitch's expectation of leverage sustaining below 6.0x;

   -- Fitch's expectation of fixed-charge coverage sustaining
      above 2.5x.

FULL LIST OF RATING ACTIONS
Fitch currently rates CBL as follows:

   CBL & Associates Properties, Inc.

   -- Long-term IDR 'BBB-';

   -- Preferred stock 'BB'.

   CBL & Associates Limited Partnership

   -- Long-term IDR 'BBB-';

   -- Senior unsecured lines of credit 'BBB-';

   -- Senior unsecured term loans 'BBB-';

   -- Senior unsecured notes 'BBB-'.

The Rating Outlook is Stable.


CHARLIE BROWN'S: Seeks to Hire A+ Accounting as Accountant
----------------------------------------------------------
Charlie Brown's Hauling & Demolition Inc. seeks approval from the
U.S. Bankruptcy Court for the Middle District of Florida to hire an
accountant.

The Debtor proposes to hire A+ Accounting and Tax to prepare tax
returns, conduct tax research, assist in preparing court-ordered
reports, and provide other accounting services.

Akshay Dave, the accountant designated to provide the services,
will be paid $175 per hour.  The hourly rates of accounting staff
range from $50 to $100.

A+ Accounting does not hold or represent any interest adverse to
the Debtor.

The firm can be reached through:

     Akshay Dave
     A+ Accounting & Tax
     P.O. Box 372
     Brandon, FL 33509-0372
     Tel: (813) 381-3809
     Email: tax4002@gmail.com

                  About Charlie Brown's Hauling

Charlie Brown's Hauling & Demolition, Inc. sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. M.D. Fla. Case No.
16-08863) on October 14, 2016.  The petition was signed by Charlie
W. Brown, president.  

At the time of the filing, the Debtor estimated assets of less than
$100,000 and liabilities of less than $500,000.


CHC GROUP: Files Amended Chapter 11 Plan
----------------------------------------
BankruptcyData.com reported that CHC Group filed with the U.S.
Bankruptcy Court filed with the U.S. Bankruptcy Court an Amended
Chapter 11 Plan of Reorganization and related Disclosure
Statement. According to the Disclosure Statement, "Among other
things the Plan provides for a $300 million new money investment
through the fully-backstopped Rights Offering; reduces the
Debtors' prepetition debt by approximately $925 million (prior to
conversion of all of the New Second Lien Convertible Notes and by
$1.4 billion subsequent to such conversion); reduces the Debtors'
annual Cash interest burden by 85%, which frees up approximately
$115 million in annual cash flow that can be used for reinvestment

in the Debtors' business; provides for a global settlement between

the Debtors and the Consenting Creditor Parties and provides for a

right-sizing of the Debtors' fleet, including a significant
reduction in rent expense. In addition, the Plan provides for
distributions to holders of Allowed General Unsecured Claims
aggregate value consisting of (i) eleven-point-six percent (11.6%)

of the New Membership Interests, prior to dilution on account of
the New Second Lien Convertible Notes and the Management Incentive

Plan, and (ii) $37.5 million of New Unsecured Notes, less the
amount of the Convenience Claim Distribution Amount. Holders of
Allowed Primary General Unsecured Claims against all of the
Debtors will receive their Pro Rata share of the Primary General
Unsecured Claims Distribution valued at approximately $22.5
million, consisting of, collectively, (i) five-point-seven percent

(5.7%) of the New Membership Interests, prior to dilution on
account of the New Second Lien Convertible Notes and the
Management Incentive Plan, and (ii) $17,979,648 of New Unsecured
Notes (the 'Primary General Unsecured Claims Distribution')."

                  About CHC Group Ltd.

Headquartered in Irving, Texas, CHC Group Ltd. is a global
commercial helicopter services company primarily servicing the
offshore oil and gas industry.  CHC maintains bases on six
continents with major operations in the North Sea, Brazil,
Australia, and several locations across Africa, Eastern Europe,
and South East Asia.  CHC maintains a fleet of 230 medium and
heavy helicopters, 67 of which are owned by it and the remainder
are leased from various third-party lessors.

CHC Group Ltd. and 42 of its wholly-owned subsidiaries each filed
a voluntary petition for relief under Chapter 11 of the Bankruptcy

Code (Bankr. N.D. Tex. Case No. 16-31854) on May 5, 2016.  As of
Jan. 31, 2016, CHG had $2.16 billion in total assets and $2.19
billion in total liabilities.  

The Debtors hired Weil, Gotshal & Manges LLP as counsel, Debevoise

& Plimpton LLP as special aircraft counsel, PJT Partners LP as
investment banker, Seabury Corporate Advisors LLC as financial
advisor, CDG Group, LLC, as restructuring advisor, and Kurtzman
Carson Consultants LLC as claims and noticing agent.

The Office of the U.S. Trustee on May 13, 2016, appointed five
creditors of CHC Group Ltd. to serve on the official committee of
unsecured creditors.

The Creditors Committee's attorneys are Marcus A. Helt, Esq., and
Mark C. Moore, at Gardere Wynne Sewell LLP, and Douglas H. Mannal,

Esq., Gregory A. Horowitz, Esq., and Anupama Yerramalli, Esq., at
Kramer Levin Naftalis & Frankel LLP.

Angelo, Gordon & Co. and Cross Ocean Partners, which either hold
claims or manage funds and accounts that hold claims against the
Debtors' estates arising on account of the 9.25% Senior Secured
Notes due 2020 issued under the Indenture, dated as of Oct. 4,
2010, by and among CHC Helicopter S.A., as issuer, each of the
guarantors named therein, HSBC Corporate Trustee Company (UK)
Limited, as collateral agent, and the Bank of New York Mellon, as
indenture trustee, are represented by Jones Day.


CHESAPEAKE ENERGY: Moody's Assigns Caa3 Rating on $750MM Notes
--------------------------------------------------------------
Moody's Investors Service assigned a Caa3 rating to Chesapeake
Energy Corporation's proposed $750 million senior unsecured notes
due 2025.  Moody's upgraded Chesapeake's Corporate Family Rating to
Caa1 from Caa2, its second lien secured notes rating to Caa1 from
Caa2, and affirmed its senior unsecured notes rating at Caa3. At
the same time, the Speculative Grade Liquidity Rating was affirmed
at SGL-3.  The rating outlook remains positive.  Proceeds from the
term loan, along with a similar amount of cash from the company's
balance sheet and announced asset sales proceeds, will be used to
retire senior unsecured and convertible notes pursuant to two
simultaneously announced tender offer.

"The notes issuance enables Chesapeake to either refinance or
pre-fund virtually all of its 2017 and 2018 maturities, reducing
leverage and providing the company the flexibility to fund a larger
drilling program that should put the company back on a growth
trajectory by the second half of 2017," commented John Thieroff,
Moody's Vice President -- Senior Analyst.  "Ongoing deleveraging
and debt maturity management have lessened the elevated risk of
default the company faced earlier in the year."

Issuer: Chesapeake Energy Corporation

Ratings Assigned:
  Senior Unsecured Notes due 2025, rated Caa3 (LGD5)

Rating Actions:
  Probability of Default Rating, upgraded to Caa1-PD from Caa2-PD
  Corporate Family Rating, upgraded to Caa1 from Caa2
  Senior Secured Bank Credit Facility upgraded to B3 (LGD3) from
   Caa1 (LGD3)
  Senior Secured Second Lien Rating, upgraded to Caa1 (LGD4) from
   Caa2 (LGD4)
  Senior Unsecured Rating, affirmed Caa3 (LGD5)
  Speculative Grade Liquidity Rating, affirmed SGL-3

Outlook Actions:
  Outlook remains Positive

                        RATINGS RATIONALE

The Caa3 ratings on Chesapeake's proposed notes are rated in-line
with the existing Caa3 unsecured debt ratings of Chesapeake.  The
company's capital structure is comprised of a secured revolving
credit facility, a secured first-lien, last-out term loan, secured
second lien notes and unsecured notes.  The proposed notes, as well
as Chesapeake's existing unsecured notes, benefit from upstream
guarantees from operating subsidiaries; however, given the
preponderance of secured debt ahead of the unsecured notes in
liquidation priority, the unsecured notes are rated one notch below
the Caa1 CFR.

The CFR upgrade reflects the company's success in addressing its
2017 and 2018 debt maturities, improved cash flow metrics through
2018 given the company's strong commodity price hedge program in
2017 and Moody's increased natural gas price assumptions.  The
upgrade also incorporates Chesapeake's adequate liquidity position,
which should allow the company to fund a 2017 drilling program
sufficient to reverse multi-year production declines due to
severely constrained capital budgets and asset sales.  The upgrade
also reflects Chesapeake's substantially reduced near-term default
risk.

Chesapeake's Caa1 CFR incorporates its improving but modest cash
flow generation at Moody's commodity price estimates relative to
its still high debt levels.  Manageable debt maturities through
2018 have positioned the company to be able to increase spending,
which should allow for production and cash flow growth in the
second half of 2017 and beyond.  Even with the increase in natural
gas prices since the first quarter of this year, the company is
challenged to generate adequate returns on capital investment and
sufficient cash flow to fund sustaining levels of capital
investment; cash flow neutrality is unlikely to occur before the
end of 2018.  The rating benefits from Chesapeake's dominant
positions in several major North American basins, given the
operating and financial flexibility these assets provide.

The SGL-3 rating is based on Moody's expectation that Chesapeake
will maintain adequate liquidity into 2018, primarily because of
its committed revolving credit facility.  At Sept. 30, 2016, the
company had about $3.1 billion of borrowing capacity available
under its revolving credit facility.  The borrowing base for the
credit facility will not be subject to redetermination review until
June 15, 2017, and the company has received covenant relief through
June 30, 2017, with gradual step ups in the covenants thereafter.
This should provide adequate headroom for covenant compliance
through the end of 2017.

The proposed notes issuance, a $1.25 billion convertible notes
issuance in October 2016, and proceeds from the Haynesville sale
provide Chesapeake with $2.3 billion of cash to complete its
announced debt tender for its $1.4 billion of maturities through
2019 and pre-fund maturities that aren't eliminated through the
tender.  Remaining cash, augmented by drawings under the revolver,
will be used to fund anticipated negative free cash flow into 2018.
Completion of further asset sales in line with the company's
targets will provide further cushion for maintaining adequate
liquidity, including the revolver covenant requirement that
Chesapeake maintain minimum liquidity of $500 million (cash and
cash equivalents and available revolver borrowing capacity).

The positive outlook contemplates further deleveraging, likely
through asset sales since the company is not expected to generate
free cash flow in 2017 and that the company will maintain adequate
liquidity.  Given large, albeit improving, negative free cash flow
generation in 2017, the outlook also incorporates the expectation
that Chesapeake will maintain availability under its revolving
credit facility of at least $1.5 billion.  If Chesapeake can
complete additional asset sales, further reduce debt and improve
its cash flow such that retained cash flow is sustainable above 10%
while maintaining adequate liquidity, ratings could be upgraded.
Ratings could be downgraded if the company appears unlikely to
deliver expected production growth in 2018 or liquidity weakens
materially.

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

Chesapeake Energy Corporation is headquartered in Oklahoma City,
Oklahoma and is one of the largest independent exploration and
production companies in North America.



CHESAPEAKE ENERGY: S&P Puts 'CCC+' ICR on CreditWatch Positive
--------------------------------------------------------------
S&P Global Ratings placed its ratings on Chesapeake Energy,
including its 'CCC+' issuer credit rating, on CreditWatch with
positive implications.

At the same time S&P rated the proposed $750 senior notes due 2025
'CCC-' with a recovery rating of '6' indicating S&P's expectation
of negligible (0%-10%) recovery in the event of a payment default.

The senior unsecured and preferred stock ratings currently rated
'D' have not been placed on CreditWatch, although S&P could review
these ratings when it resolves the CreditWatch placement.

Chesapeake Energy has announced concurrent tender offers for
certain of its contingent convertible notes and senior unsecured
debt issues, as well as its second-lien notes, totaling
approximately $1.5 billion.  At the same time Chesapeake has
proposed the issuance of $750 million senior notes due 2025 to help
fund the transaction.

The current tender offers as well as various actions the company
has taken during 2016, including the Barnett Shale conveyance, have
the potential to significantly improve both expected liquidity and
debt leverage to levels more consistent with a 'B-' rating.  S&P
estimates that debt to EBITDA could average around 6x in 2017 to
2018.  At the same time, the tenders have the potential to mitigate
the liquidity risks posed by the combination of debt maturities and
puts through 2019, as well as S&P Global's base case expectation of
significant negative free cash flow during that same period.

The CreditWatch placement reflects the potential that S&P could
raise ratings one-notch to 'B-' if sufficient near-term debt
maturities and puts through 2019 are addressed such that S&P
believes Chesapeake will likely maintain adequate liquidity through
that period.  Additionally, an upgrade would require expected core
ratios--including, debt/EBITDA and FFO/debt--to be at sustainable
levels, albeit still elevated.

S&P could raise the issuer credit rating one-notch to 'B-' if it
assess that significant and sustainable progress has been made to
improve both near-term liquidity and debt leverage concerns.  S&P
intends to resolve the CreditWatch listing around the close of the
tenders, currently expected on Jan. 4, 2017.



CJ HOLDING: Sale of Total E&S Assets to Gardner for $17.5M Approved
-------------------------------------------------------------------
Judge David R. Jones of the U.S. Bankruptcy Court for the Southern
District of Texas authorized the private sale by CJ Holding, Co.
and its affiliates, of Total E&S, Inc.'s assets, to Gardner Denver
Petroleum Pumps, LLC, for $17,500,000.

The sale is free and clear of all liens, claims, encumbrances and
interests.

The automatic stay pursuant to Section 362 of the Bankruptcy Code
is lifted with respect to Gardner Denver to the extent necessary,
without further order of the Court, to allow Gardner Denver to
deliver any notice provided for in the Transaction Documents and
allow Gardner Denver to take any and all actions and pursue and
enforce any and all remedies permitted under the Transaction
Documents in accordance with the terms and conditions of the
Order.

Notwithstanding any provision in the Bankruptcy Rules to the
contrary, including but not limited to Bankruptcy Rules 6004, the
Court expressly finds there is no reason for delay in the
implementation of the Order.

The terms of the Order Granting Debtors' Motion for Entry of an
Order Authorizing the Debtors to File Certain Confidential
Information under Seal in Connection with the Debtors' Motion
Regarding a Private Sale to Gardner Denver Petroleum Pumps, LLC and
Related Transactions will survive the entry of the Order.  For the
avoidance of doubt, the Supply Agreement and the License Agreement
will remain redacted and will not be viewed by any third party
unless explicitly authorized under the terms of the Sealing Order.

The Order will in no way limit potential liability, if any, of C &
J Well Services Inc., or its successors, under the Michigan
Employment Security Act, Mich. Comp. Laws 421.1 et seq.

                     About C&J Energy

C&J Energy Services -- http://www.cjenergy.com/-- is a provider of

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

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

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

U.S. Trustee Judy A. Robbins appointed five creditors to serve on
the official committee of unsecured creditors in the Chapter 11
case of CJ Holding Co., et al.  The Committee hired Greenberg
Traurig, LLP, as counsel for the Committee, Conway MacKenzie,
Inc., to serve as its financial advisor, Carl Marks Advisory Group
LLC
as investment banker.


COMSTOCK RESOURCES: Carl Westcott Reports 7% Stake as of Dec. 2
---------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Carl H. Westcott disclosed that as of Dec. 2, 2016, he
beneficially owns 952,800 shares of common stock, par value $0.50
per share, of Comstock Resources, Inc., which represents 7.08
percent of the shares outstanding.  The percentage ownership is
based on 13,455,559 shares of Common Stock outstanding, as reported
by the Comstock in its quarterly report on Form 10-Q filed on Nov.
9, 2016.

A net 141,500 shares of Common Stock were sold by Carl Westcott
from Sept. 21, 2016, through Dec. 2, 2016, on his own behalf and on
behalf of certain other reporting persons for an aggregate price of
approximately $1,987,196.

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

                     https://is.gd/AeHgbF

                   About Comstock Resources

Comstock Resources, Inc. is an independent energy company based in
Frisco, Texas and is engaged in oil and gas acquisitions,
exploration and development primarily in Texas and Louisiana.  The
Company's stock is traded on the New York Stock Exchange under the
symbol CRK.

The Company reported a net loss of $1.04 billion for the year ended
Dec. 31, 2015, compared to a net loss of $57.11 million for the
year ended Dec. 31, 2014.

As of Sept. 30, 2016, Comstock had $885.5 million in total assets,
$1.10 billion in total liabilities and a total stockholders'
deficit of $220.0 million.

                        *    *     *

As reported by the TCR on Sept. 23, 2016, S&P Global Ratings raised
its corporate credit rating on Comstock Resources Inc. to 'CCC+'
from 'SD' (selective default).  The outlook is negative.  "The
rating actions on Comstock are in conjunction with the Sept. 6,
2016, close of their comprehensive debt exchange and our assessment
of the company's revised capital structure and credit profile,"
said S&P Global Ratings credit analyst Aaron McLean.

Comstock Resources carries a 'Caa2' corporate family rating from
Moody's Investors Service.


COMSTOCK RESOURCES: Regains Full Compliance with NYSE Listing Rule
------------------------------------------------------------------
Comstock Resources, Inc., announced that it received notice from
the New York Stock Exchange that the Company is now considered in
full compliance with the NYSE continued listing standards.

The NYSE stated that it based the determination on Comstock's
consistent and positive performance with respect to the plan the
Company previously submitted to regain compliance and its
achievement of compliance with the minimum market capitalization
and shareholders' equity requirements.

The Company will be subject to a twelve month follow-up period to
ensure that it remains in compliance with the NYSE's continued
listing standards, as well as being subject to its normal
monitoring procedures of listed companies.

                  About Comstock Resources

Comstock Resources, Inc. is an independent energy company based in
Frisco, Texas and is engaged in oil and gas acquisitions,
exploration and development primarily in Texas and Louisiana.  The
Company's stock is traded on the New York Stock Exchange under the
symbol CRK.

The Company reported a net loss of $1.04 billion for the year ended
Dec. 31, 2015, compared to a net loss of $57.11 million for the
year ended Dec. 31, 2014.

As of Sept. 30, 2016, Comstock had $885.5 million in total assets,
$1.10 billion in total liabilities and a total stockholders'
deficit of $220.0 million.

                        *    *     *

As reported by the TCR on Sept. 23, 2016, S&P Global Ratings raised
its corporate credit rating on Comstock Resources Inc. to 'CCC+'
from 'SD' (selective default).  The outlook is negative.  "The
rating actions on Comstock are in conjunction with the Sept. 6,
2016, close of their comprehensive debt exchange and our assessment
of the company's revised capital structure and credit profile,"
said S&P Global Ratings credit analyst Aaron McLean.

Comstock Resources carries a 'Caa2' corporate family rating from
Moody's Investors Service.


CORDERO CORDERO: Unsecured Creditors to be Paid 100%
----------------------------------------------------
General unsecured creditors will be paid in full under a plan
proposed by Cordero Cordero & Asociados-Asesores Legales P.S.C. to
exit Chapter 11 protection.

Under the restructuring plan, general unsecured claims are divided
into two classes.  Class 5 includes unsecured claims held by
employees of the company and by secured creditors who have agreed
that a portion of their claims be treated as unsecured.  The debt
under this class is estimated at no more than $11,149.85.

Class 6 consists of all general unsecured claims of a single holder
that are listed by Cordero in its schedules or as to which a proof
of claim has been filed.  The debt under this class is estimated in
the amount of $3,891.48.

Both classes will be paid 100% by the company.

Cordero will get the funds to implement the plan from its ongoing
legal service operations and from accounts receivables due from the
State Insurance Funds and the Social Security Administration,
according to the company's disclosure statement filed on November
10 with the U.S. Bankruptcy Court in Puerto Rico.

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

Cordero is represented by:

     María Soledad Lozada Figueroa
     Lozada Law & Associates
     P.O. Box 9023888
     San Juan PR 00902-3888
     Phone: (787) 533-1400
     Email: msl@lozadalaw.com

                     About Cordero,Cordero

Cordero, Cordero & Asociados-Asesores Legales, P.S.C. sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D. P.R.
Case No. 16-00828) on February 4, 2016.  The petition was signed
by Jose Ramon Cordero Rodriguez, president.

The case is assigned to Judge Enrique S. Lamoutte Inclan.

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


COSI INC: Files Copy of LIMAB Asset Purchase Agreement
------------------------------------------------------
Cosi, Inc. disclosed that, on Nov. 29, 2016, it filed in the U.S.
Bankruptcy Court for the District of Massachusetts (Eastern
Division) a Notice of Winning Bidder, stating that LIMAB LLC is the
winning bidder pursuant to the bidding procedures approved by the
Bankruptcy Court on Oct. 24, 2016, as subsequently amended.

The Company and LIMAB also filed with the Bankruptcy Court an Asset
Purchase Agreement dated as of Oct. 18, 2016, as amended, which
Purchase Agreement remains subject to approval of the Bankruptcy
Court.  Pursuant to the Purchase Agreement, if approved by the
Bankruptcy Court, LIMAB and the Company have agreed that LIMAB will
acquire substantially all of the assets the Company and its
subsidiaries, on the terms set forth in the Purchase Agreement
through either (i) a sale under Section 363 of the Bankruptcy Code
or (ii) a Chapter 11 plan of reorganization.

A full-text copy of the Asset Purchase Agreement is available for
free at
https://is.gd/pRMYM7

                         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.


DELTAVILLE BOATYARD: Case Summary & 8 Unsecured Creditors
---------------------------------------------------------
Debtor: Deltaville Boatyard, LLC
        274 Buck's View Lane
        Deltaville, VA 23043

Case No.: 16-35974

Chapter 11 Petition Date: December 6, 2016

Court: United States Bankruptcy Court
       Eastern District of Virginia (Richmond)

Judge: Hon. Keith L. Phillips

Debtor's Counsel: Paula S. Beran, Esq.
                  TAVENNER & BERAN, PLC
                  20 North Eighth Street, Second Floor
                  Richmond, VA 23219
                  Tel: 804-783-8300
                  Fax: 804-783-0178
                  E-mail: pberan@tb-lawfirm.com

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

Estimated Liabilities: $1 million to $10 million

The petition was signed by Keith Ruse, manager.

A copy of the Debtor's list of eight unsecured creditors is
available for free at http://bankrupt.com/misc/vaeb16-35974.pdf


DELTEK INC: S&P Puts 'B' CCR on CreditWatch Positive
----------------------------------------------------
S&P Global Ratings placed its 'B' corporate credit rating on
Herndon, Va.-based Deltek Inc. and issue-level ratings on Deltek's
revolving credit facility, first-lien term loan and second-lien
term loan, on CreditWatch with positive implications.

"The CreditWatch placement follows the announcement that Roper
Technologies Inc. will acquire Deltek for $2.8 billion," said S&P
Global Ratings credit analyst John Moore.  "The acquisition by
Roper is expected to close by end of December 2016, after
shareholder and regulatory approval," he added.

The CreditWatch placement follows Deltek's announcement of
acquisition by diversified technology company Roper Technologies.
Roper has not announced complete transaction details or pro forma
financials for the acquisition.  S&P will resolve the CreditWatch
placement after the transaction closes, which it expects to happen
by the end of the year, at which time, S&P would raise its rating
on Deltek to 'BBB', equalizing it with that of Roper, then
subsequently withdraw all ratings, including the issue-level
ratings on Deltek's senior secured credit facility, which S&P
expects to be redeemed.



DIGITALGLOBE INC: Moody's Assigns Ba3 CFR & Rates Secured Loans Ba3
-------------------------------------------------------------------
Moody's Investors Service has assigned a Ba3 rating to
DigitalGlobe, Inc.'s proposed senior secured credit facilities,
consisting of a $200 million 5-year revolving credit facility (RCF)
and $1.275 billion 7-year term loan B.  Concurrent with this rating
action, Moody's affirmed DigitalGlobe's Ba3 Corporate Family Rating
(CFR) and SGL-2 Speculative Grade Liquidity Rating. The Probability
of Default Rating (PDR) was downgraded to B1-PD from Ba3-PD based
on our use of a 65% mean family recovery rate for issuers with one
class of debt in the capital structure, in accordance with Moody's
Loss Given Default (LGD) Methodology.  The rating outlook is
stable.

A summary of the rating actions:

Issuer: DigitalGlobe, Inc.

Ratings Assigned:

  $200 Million Senior Secured Revolving Credit Facility due 2021
   -- Ba3 (LGD-3)
  $1.275 Billion Senior Secured Term Loan B due 2023 -- Ba3
   (LGD-3)

Ratings Affirmed:

  Corporate Family Rating -- Ba3
  Speculative Grade Liquidity Rating -- SGL-2

Rating Downgraded:
  Probability of Default Rating to B1-PD from Ba3-PD

Moody's views the transaction favorably due to the extension of the
debt maturity structure.  The new RCF will replace the current $150
million revolver maturing January 2018.  Proceeds from the new term
loan plus cash will be used to prepay the existing $531 million
outstanding term loan B due January 2020, $600 million 5.25% senior
unsecured notes due February 2021 via a tender offer, $110 million
of revolver borrowings (used to partially finance The Radiant Group
acquisition) and pay estimated fees and expenses. Assigned ratings
are subject to review of final documentation and no material change
in the size, terms and conditions of the transaction as advised to
Moody's.  Moody's will withdraw the ratings on the current debt
instruments upon repayment and extinguishment.

                         RATINGS RATIONALE

The Ba3 CFR reflects DigitalGlobe's leadership position in the
commercial satellite imagery market, and high entry barriers due to
the difficulty in replicating the company's vast satellite imagery
library, intellectual property and specialized products and
services.  The rating is also supported by the favorable
competitive dynamics in the budget-constrained global market, aided
by the company's 2013 combination with GeoEye, a former rival; and
our expectation for a continued capex cycle trough over the next
6-9 months following the November 11th launch of the WorldView-4
satellite.  DigitalGlobe is a sole source provider to the US
Government (Aaa stable) and the global leader in earth imagery and
geospatial analysis with meaningful scale, good revenue diversity,
a solid credit profile and growth opportunities resulting from an
extensive array of products and services. Further credit support is
derived from the sizable 12-month backlog (currently $556.5
million), which enhances revenue visibility.  Moody's expects
continued strong demand from the US government, as the primary
competitors of commercial satellite imagery are international
players (e.g., Airbus), and the Department of Defense (DoD) does
not have the internal resources or capacity to replicate the full
range of DigitalGlobe's capabilities.  Moody's believes the
Diversified Commercial segment could experience periods of softness
given slower growth expectations in developing markets and weakness
in certain commodity sectors.  The Ba3 rating reflects our
expectation that DigitalGlobe's financial leverage, as measured by
total debt to EBITDA, will stay in a range of 3x-4x (Moody's
adjusted) over the rating horizon.  Due to reduced capital
intensity, we anticipate improved free cash flow generation over a
multi-year period despite substantial increase in capital
expenditures expected in 2018/2019 for satellite replacement
compared to prior satellite construction years.  Moody's also
expects share repurchases to recede as capex levels escalate.
Business and technology risks inherent in DigitalGlobe's high US
Government reliance (about 60% of revenue) and asset concentration
in a five-satellite constellation constrain the rating.  Moody's
expects DigitalGlobe will continue to use insurance to manage the
risk of anomalies or in-orbit service disruption.

Rating Outlook

The stable rating outlook reflects Moody's view that DigitalGlobe's
scale and position as a sole source provider within the satellite
imagery industry reduces the business risk associated with a
potential elimination or reduction of US Government contracts.  It
also reflects Moody's expectation that DigitalGlobe will continue
to improve its credit and operating metrics by refocusing the
business to improve efficiencies designed to expand the Diversified
Commercial segment.

What Could Change the Rating -- Up

Ratings could be upgraded if DigitalGlobe diversifies revenue away
from the US Government to new commercial sources, resulting in
higher EBITDA and operating cash flow that enhances the company's
credit metrics and liquidity profile.  Quantitatively, total debt
to EBITDA declining below 3x (Moody's adjusted) and free cash flow
rising to over $150 million per annum or at least 15% of total debt
(Moody's adjusted) on a sustained basis could result in upward
ratings pressure.

What Could Change the Rating -- Down

A ratings downgrade would be driven by: (i) an unfavorable DoD
budget outcome which would materially curtail US Government
revenue; and (ii) DigitalGlobe's inability to replace lost revenue
with new customers.  Given the technology risk prevalent in the
company's business model, ratings could experience downward
pressure if there is a significant impairment of assets in space
that is not covered by insurance.  Total debt to EBITDA sustained
above 4x (Moody's adjusted) could also result in a downgrade.

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

Headquartered in Westminster, CO, DigitalGlobe, Inc. is a
commercial satellite imagery company that currently operates a
constellation of five earth imaging satellites -- WorldView-1,
WorldView-2, WorldView-3, WorldView-4 and GeoEye-1.  DigitalGlobe
owns and operates a network of ground terminal stations, maintains
an extensive archive of satellite earth imagery, and provides
integrated aerial imagery collection services as well as advanced
geospatial image processing, analytical and map building
capabilities to the US Government and Diversified Commercial
sectors.  Revenue for the twelve months ended Sept. 30, 2016, was
approximately $714 million.


DONALD ELARDO: Disclosure Statement Hearing Set for Dec. 15
-----------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of New York is
set to hold a hearing on December 15, at 1:00 p.m., to consider
approval of the disclosure statement explaining the Chapter 11 plan
of Donald Elardo filed on November 17.

The hearing will take place at 1550 U.S. Courthouse, 100 State
Street, Rochester, New York.  Objections are due by December 8.

                      About Donald Elardo

Donald Elardo fdba Finish Line Enterprises filed for Chapter 11
bankruptcy protection (Bankr. W.D.N.Y. Case No. 14-21445).  The
case is assigned to Judge Paul R. Warren.


ELBIT IMAGING: Investor Presentation Available on Web Site
----------------------------------------------------------
Elbit Imaging Ltd. announced that it has placed an Investor
Relations Presentation on the Company's Web site at
http://www.elbitimaging.com/under "Investor Relations - Group
Presentations - Company Presentation".

                      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.


ELECTRONIC CIGARETTES: Calm Waters Holds 74.4% Stake as of Dec. 1
-----------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Calm Waters Partnership and Richard S. Strong disclosed
that as of Dec. 1, 2016, they beneficially own 441,268,561 shares
of common stock of Electronic Cigarettes International Group, Ltd.,
representing 74.4 percent of the shares outstanding.

On Dec. 1, 2016, Calm Waters was entitled to receive 352,059 shares
of common stock at $0.08 per share in lieu of $28,164 of cash
interest due under the convertible notes.  The shares were issued
on Dec. 1, 2016.

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

                    https://is.gd/XlXACM

                About Electronic Cigarettes

Electronic Cigarettes International Group, Ltd., is an independent
marketer and distributor of vaping products and E-cigarettes.  The
Company's objective is to become a leader in the rapidly growing,
global E-cigarette segment of the broader nicotine related products
industry which include traditional tobacco.  E-cigarettes are
battery-powered products that simulate tobacco smoking through
inhalation of nicotine vapor without the fire, flame, tobacco, tar,
carbon monoxide, ash, stub, smell and other chemicals found in
traditional combustible cigarettes.  The global E-cigarette market
is expected to grow to $51 billion, or a 4% share of the worldwide
tobacco market, by 2030.  The growth is forecast to come at the
expense of traditional tobacco, not from new smokers entering the
category.  Numerous research studies and publications have
recognized that E-cigarettes are a preferred method for smokers to
quit, and the most effective.

Electronics Cigarettes reported a net loss of $44.2 million in 2015
following a net loss of $389 million in 2014.

As of Sept. 30, 2016, the Company had $65.34 million in total
assets, $138.7 million in total liabilities and a total
stockholders' deficit of $73.36 million.

Rehmann Robson LLC, in Grand Rapids, Michigan, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has reported
significant operating losses and cash flow deficits and has
accumulated a net capital deficit.  These and other factors raise
substantial doubt about the Company's ability to continue as a
going concern.


ENUMERAL BIOMEDICAL: Removes Lock-Up Provisions from Tender Offer
-----------------------------------------------------------------
Enumeral Biomedical Holdings, Inc., filed with the Securities and
Exchange Commission an amendment no. 4 to its tender offer
statement on Schedule TO originally filed on Oct. 28, 2016, as
amended, relating to the Company's offer to amend, upon the terms
and subject to the conditions set forth in the Offering Materials,
outstanding warrants to purchase an aggregate of 21,549,510 shares
of common stock of the Company at an exercise price of $2.00 per
share, issued to investors participating in the Company's private
placement financing that closed on July 31, 2014.

The amendment was filed solely to remove the proposed provisions
(the "Lock-Up Provisions") from the Offering Materials that (i)
would restrict the ability of the holder of shares issuable upon
exercise of the Amended Warrants to sell, make any short sale of,
loan, grant any option for the purchase of, or otherwise dispose of
any of those shares without the prior written consent of the
Company for a period of 180 days after the Expiration Date and (ii)
would provide that a holder, acting alone or with others, will
agree not to effect any purchases or sales of any securities of the
Company in any "short sales" as defined in Rule 200 promulgated
under Regulation SHO under the Exchange Act, or any type of direct
and indirect stock pledges, forward sale contracts, options, puts,
calls, short sales, swaps, "put equivalent positions" (as defined
in Rule 16a-1(h) under the Exchange Act) or similar arrangements,
or sales or other transactions through non-U.S. broker dealers or
foreign regulated brokers through the expiration of the Lock-Up
Period.  Other than the removal of the Lock-Up Provisions, the
terms of the Offer to Amend and Exercise have not changed.

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

                      https://is.gd/eWf7Bp

                         About Enumeral

Enumeral Biomedical Holdings, Inc., is engaged in the discovery of
monoclonal antibodies and other novel biologics for the diagnosis
and treatment of cancer, infectious and inflammatory diseases.  The
Company is currently focused on developing next generation
antibodies that are more precise in their effects on tumor- and
tissue-inflitrating lymphocyte functions via modulation of
regulatory proteins known as checkpoints.

Enumeral reported net income of $3.29 million in 2015 following a
net loss of $8.17 million in 2014.

As of Sept. 30, 2016, Enumerical had $4.04 million in total assets,
$4.85 million in total liabilities and a total stockholders'
deficit of $807,104.

Friedman LLP, in New York, New York, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing the Company's recurring losses which
raise substantial doubt about its ability to continue as a going
concern.


ESTEPHAN SARKIS: Dec. 14 Plan Confirmation Hearing
--------------------------------------------------
Judge William J. Lafferty, III, of the U.S. Bankruptcy Court for
the Northern District of California conditionally approved Estephan
G. Sarkis' amended combined plan and disclosure statement, dated
Sept. 6, 2016.

A hearing on the Debtor's Amended Combined Plan and Disclosure
Statement was held on Nov. 2, 2016 at 10:30 a.m.

Dec. 7, 2016 is fixed as the last day for filing and serving on the
Debtor's Counsel written objections to the confirmation of the Plan
of Reorganization.

Dec. 14, 2016 at 10:30 A.M. is fixed as the date and time of the
hearing for consideration of confirmation of the Plan of
Reorganization and such objections, if any, as may have been timely
filed.  If an evidentiary hearing on confirmation is required, the
hearing on Dec. 14, 2016 will be a scheduling conference with the
evidentiary hearing date to be set at that time.

Under the Plan, general unsecured creditors will get a pro rata
portion of up to $60,000, likely to result in a 100% recovery of
allowed claims, in quarterly payments over five years.

Class 2(a) General Unsecured Claims represent deficiency claims
for
sold out junior lienholders after properties were foreclosed.  An
objection to each claim was filed and served on the claimants.
Bosco Credit LLC withdrew it's proof of claim; Real Time
Resolutions failed to oppose the claim objection an order
sustaining the Objection has been entered.

Holders of allowed claims of general unsecured creditors
(including
allowed claims of creditors whose executory contracts or unexpired
leases are being rejected under the Plan) will receive a pro rata
share of a fund totaling $60,000, created by the Debtor's payment
of $3,000 per quarter for a period of up to 20 quarters, starting
Oct. 1, 2016.  Pro rata means the entire amount of the fund
divided
by the entire amount owed to creditors with allowed claims in this
class.

Creditors in Class 2(a) may not take any collection action against
the Debtor so long as the Debtor is not in material default under
the Plan.  This class is impaired and is entitled to vote on
confirmation of the Plan.  The Debtor has indicated above whether
a
particular claim is disputed.

If the Plan is confirmed, the payments promised in the Plan
constitute new contractual obligations that replace the Debtor's
pre-confirmation debts.  Creditors may not seize their collateral
or enforce their pre-confirmation debts so long as Debtor performs
all obligations under the Plan.  If the Debtor defaults in
performing Plan obligations, any creditor can file a motion to
have
the case dismissed or converted to a Chapter 7 liquidation, or
enforce their non-bankruptcy rights.  The Debtor will be
discharged
from all pre-confirmation debts (with certain exceptions) if
Debtor
makes all Plan payments.  

The Disclosure Statement is available at:

          http://bankrupt.com/misc/canb15-43733-82.pdf

Estephan G. Sarkis filed for Chapter 11 bankruptcy protection
(Bankr. N.D. Cal. Case No. 15-31412) on Nov. 12, 2015.  The
Debtor's counsel is represented by Ruth Elin Auerbach, Esq., at
the
Law Office of Ruth Auerbach.


FANSTEEL INC: Seeks to Hire RSM US as Tax Accountant, Auditor
-------------------------------------------------------------
Fansteel Inc. seeks approval from the U.S. Bankruptcy Court for the
Southern District of Iowa to hire RSM US LLP.

The firm will serve as tax accountant, tax advisor and independent
auditor for Fansteel and its affiliates.

The hourly rates charged by the firm for tax return preparation
services are:

     Seniors/Staff                       $120 - $175
     Managers/Senior Managers            $200 - $320
     Partners and Wash. National Tax     $325 - $475

For its auditing services, the firm will receive flat fees based on
the type of audit.  A copy of the document detailing these fees is
available for free at https://is.gd/NliO7L

RSM does not have any interest adverse to the Debtors or their
bankruptcy estates, according to court filings.

The firm can be reached through:

     RSM US LLP
     125 S. Dubuque St., Suite 400
     Iowa City, IA 52240
     Tel: 319-354-1500

                       About Fansteel Inc.

Headquartered in Creston, Iowa, Fansteel operates four business
units at four locations in the USA and one in Mexico with a
workforce of more than 600 employees.  Fansteel generated
approximately $87.4 million in revenue in 2015 on a consolidated
basis.  WDC contributes approximately 67% of Fansteel's sales.  The
rest of the sales are generated from Intercast, a division of
Fansteel, and other non-debtor subsidiaries, as disclosed in court
documents.

Fansteel, Inc., d/b/a Fansteel Intercast, d/b/a Fansteel Wellman
Dynamics, d/b/a Fansteel American Sintered Technologies, Wellmand
Dynamics Corporation, and Wellman Dynamics Machinery & Assembly,
Inc. filed chapter 11 petitions (Bankr. S.D. Iowa Lead Case No.
16-01823) on Sept. 13, 2016.  The petitions were signed by Jim
Mahoney, CEO.  The Debtors are represented by Jeffrey D. Goetz,
Esq. and Krystal R. Mikkilineni, Esq., at Bradshaw, Fowler, Proctor
& Fairgrave, P.C.  The cases are assigned to Judge Anita L.
Shodeen.  The Debtors disclosed total assets of $32.9 million and
total debt of $41.97 million.

The U.S. Trustee for Region 12 on Sept. 23, 2016, appointed nine
creditors of Fansteel Inc. to serve on the official committee of
unsecured creditors.


FEAST HOUSE: Seeks to Hire Cohen & Krol as Legal Counsel
--------------------------------------------------------
Feast House Restaurant Inc. seeks approval from the U.S. Bankruptcy
Court for the Northern District of Illinois to hire legal counsel.

The Debtor proposes to hire Cohen & Krol to give legal advice
regarding its duties under the Bankruptcy Code and provide other
legal services related to its Chapter 11 case.

The firm has received a retainer in the amount of $13,000 for its
services.

Joseph Cohen, Esq., and Gina Krol, Esq., are the attorneys at Cohen
& Krol designated to represent the Debtor.  Both attorneys do not
have any connection with the Debtor or any of its creditors,
according to court filings.

The firm can be reached through:

     Joseph E. Cohen, Esq.
     Gina B. Krol, Esq.
     Cohen & Krol
     105 West Madison Street, Suite 1100
     Chicago, IL 60602
     Tel: 312/368-0300
     Email: jcohen@cohenandkrol.com

                  About Feast House Restaurant

Feast House Restaurant Inc. sought protection under Chapter 11 of
the Bankruptcy Code (N.D. Ill. Case No. 16-36930) on November 20,
2016.  The petition was signed by Konstantinos Roiniotis,
president.  

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


FILIP TECHNOLOGIES: Hires Widebridge as Investment Banker
---------------------------------------------------------
Filip Technologies, Inc., and its debtor-affiliates seek permission
from the U.S. Bankruptcy Court for the District of Delaware to
employ Widebridge Israel, Ltd. as investment banker for the
Debtors, nunc pro tunc to October 5, 2016.

The Debtors require Widebridge to:

     a. advise on all aspects of the Debtors' marketing and sale
processes;

     b. facilitate due diligence process and coordinate with
potential bidders, as requested and directed by the Debtors;

     c. advise and assist the Debtors in structuring and
negotiating the Transaction; and

     d. provide expert testimony as and if required by the Debtors
in connection with the sale approval process and the Cases.

The Debtors have agreed to pay Widebridge the proposed compensation
and expense reimbursements in the Engagement Letter:

     1. Success Fee. Upon the closing of a Transaction, in whole or
in part, Widebridge shall be due a Success Fee to be computed as
follows:

       "Upon closing of a Sale Transaction, Debtor agrees to pay us
in cash an amount equal to the sum of (i) 10% of the first $5
million of Consideration; (ii) eight percent of the next $10
million of Consideration; and (iii) seven percent of any remaining
Consideration, if any.

       "Upon closing of a Sale Transaction where the buyer is one
of Huawei, AT&T, Telefonica or Infomark, Debtor agrees to pay us in
cash an amount equal to the sum of (i) eight percent of the first
$5 million of Consideration; (ii) six percent of the next $10
million of Consideration; and (iii) five percent of any remaining
Consideration, if any.

       "Upon closing of an Investment Transaction, Debtor agrees to
pay us in cash a percentage of the Consideration based on the table
below:

       Pre-Money Valuation ($000)
                         
                              20,000
       Minority
       Investment

       Success Fee as
       % of outside
       money raised           6.0%     7.0%       8.0%        9.0%

       Minimum Success Fee   $200,000  $200,000  $200,000
$200,000

       Investment amount
       required to exceed  
       Min Success Fee (for
       reference only)     $3,333,333 $2,857,143 $2,500,000
$2,222,222

       "In the event of a transaction for an acquisition by the
Debtor of the shares or assets of another company, Debtor agrees to
pay us in cash an amount of 5% of the consideration paid by you to
the company you acquire.

     2. Break-Up Fee. Should the Company be entitled to receive a
fee from an Acquirer due to the Acquirer terminating an agreement
with the Company prior to consummation of a Transaction (a
"Break-up Fee"), Widebridge shall be entitled to receive 10% of an
amount equal to (i) such Break-Up Fee minus (ii) all fees and
expenses, including attorneys' fees, incurred by the Company in
connection with such terminated Transaction, which amount will be
paid immediately following receipt of such fee by the Company.

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

Greg Wolf, managing director of Widebridge Israel, Ltd., assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

Widebridge may be reached at:

      Greg Wolf
      Widebridge Israel, Ltd.
      Etsyon 30
      Raanana, Israel 4356315
      Tel: +972.52.779.1533
      E-mail: greg@widebridgegroup.com

                      About Filip Technologies

Filip Technologies, Inc., a start-up company which was formed in
2013, currently employs eight individuals and operates in the
United States and Spain.  Each of the Debtors filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. D. Del.
Case 16-12192) on Oct. 5, 2016. The cases have been assigned to
Judge Kevin Gross.  The Debtors owe $480,000 to AT&T and $2.6
million to trade
vendors, as disclosed in court papers.  The
Debtors have engaged Moore & Van Allen, PLLC, as general
counsel;
Bielli & Klauder, LLC, as local counsel; Ankura Consulting Group,
LLC, as restructuring advisor; and Braekhaus Dege Advokatfirma DA,
as special Norway counsel.  Counsel to AT&T Capital Services, Inc.,
the Debtor's DIP lender, and AT&T Services, Inc., are Michael G.
Burke, Esq., and Brian J. Lohan, Esq., at Sidley Austin LLP; and
Derek C. Abbott, Esq., and Daniel B. Butz, Esq., at Morris,
Nichols, Arsht & Tunnell LLP.  Both AT&T entities are co-proponents
of the Debtors' bankruptcy plan.


FILIP TECHNOLOGIES: Unsecureds To Recoup 1.0%-1.3%
--------------------------------------------------
Filip Technologies, Inc., et al., filed an amended joint plan of
liquidation and accompanying disclosure statement to provide that
holders of Class 3 - Unsecured Claims will recover 1.0% to 1.3%,
while holders of Class 4 - AT&T Unsecured Claims will recover
0.3%.

AT&T, as DIP Lender, has agreed to contribute $10,000 to the GUC
Contribution if holders of unsecured claims vote to accept the
Plan.

AT&T has agreed to compromise certain of its DIP Claims,
prepetition secured claims, and cure claims in favor of ensuring
that all budgeted Administrative Claims and anticipated Priority
Claims will be paid in full and that Holders of Unsecured Claims
will receive a baseline recovery under the Plan.  Because the Bar
Date for Creditors to file Claims against the Debtors is not until
December 12, 2016, the estimated Allowed Claims and corresponding
distributions are subject to change based on Claims that are filed
and the Claims reconciliation process.  At November 18, 2016, the
Debtors estimate a dollar recovery of between $47,000 to $62,000
for Holders of Unsecured Claims.

A redlined version of the First Amended Disclosure Statement dated
November 18, 2016, is available at
http://bankrupt.com/misc/deb16-12192-153.pdf

               Jan. 12 Plan, Disclosures Hearing

The Debtors obtained interim approval of the Disclosure Statement
and the Court scheduled the combined Confirmation Hearing to
approve the Disclosure Statement on a final basis and to confirm
the Plan for January 12, 2017, at 2:00 p.m. (Eastern Time).  The
deadline to file objections to the adequacy of the Disclosure
Statement and confirmation of the Plan is December 29.  The
deadline to submit ballots to accept or reject the Plan is December
29.

                    About Filip Technologies

Filip Technologies, Inc., a start-up company which was formed in
2013, currently employs eight individuals and operates in the
United States and Spain.

Each of the Debtors filed a voluntary petition under Chapter 11 of
the Bankruptcy Code (Bankr. D. Del. Case 16-12192) on Oct. 5,
2016.
The cases have been assigned to Judge Kevin Gross.

The Debtors owe $480,000 to AT&T and $2.6 million to trade
vendors, as disclosed in court papers.

The Debtors have engaged Moore & Van Allen, PLLC, as general
counsel; Bielli & Klauder, LLC, as local counsel; Ankura
Consulting
Group, LLC, as restructuring advisor; and Braekhaus Dege
Advokatfirma DA, as special Norway counsel.

Counsel to AT&T Capital Services, Inc., the Debtor's DIP lender,
and AT&T Services, Inc., are Michael G. Burke, Esq., and Brian J.
Lohan, Esq., at Sidley Austin LLP; and Derek C. Abbott, Esq., and
Daniel B. Butz, Esq., at Morris, Nichols, Arsht & Tunnell LLP.
Both AT&T entities are co-proponents of the Debtors' bankruptcy
plan.


FIORELLA INC: Seeks to Hire A+ Accounting as Accountant
-------------------------------------------------------
Fiorella Inc. seeks approval from the U.S. Bankruptcy Court for the
Middle District of Florida to hire an accountant.

The Debtor proposes to hire A+ Accounting and Tax to prepare tax
returns, conduct tax research, assist in preparing court-ordered
reports, and provide other accounting services.

Akshay Dave, the accountant designated to provide the services,
will be paid $175 per hour.  The hourly rates of accounting staff
range from $50 to $100.

A+ Accounting does not hold or represent any interest adverse to
the Debtor.

The firm can be reached through:

     Akshay Dave
     A+ Accounting & Tax
     P.O. Box 372
     Brandon, FL 33509-0372
     Tel: (813) 381-3809
     Email: tax4002@gmail.com

                       About Fiorella Inc.

Headquartered in Clearwater, Florida, Fiorella, Inc., dba George's
Auto Repair and Service filed for Chapter 11 bankruptcy protection
(Bankr. M.D. Fla. Case No. 16-09052) on Oct. 21, 2016, listing
$440,400 in total assets and $1.73 million in total liabilities.
The petition was signed by George Nicovic, president.

Buddy D. Ford, Esq., at Buddy D. Ford, P.A., serves as the Debtor's
bankruptcy counsel.

An official committee of unsecured creditors has not yet been
appointed in the case.


FUNCTION(X) INC: Appoints Frank Barnes as Director
--------------------------------------------------
Effective Nov. 30, 2016, the board of directors of Function(x) Inc.
appointed Frank E. Barnes III to the Board to fill the vacancy
resulting from the resignation of Birame Sock as a director upon
her appointment as the Company's president and chief operating
officer on Aug. 1, 2016.  Mr. Barnes will serve on the Board's
Audit Committee, Compensation Committee, and Nominating and
Corporate Governance Committees.

As the executive director of Carolina Barnes Corporation, and
president of its former NASD/FINRA-registered broker-dealer, Mr.
Barnes has over 30 years of extensive experience and financial
expertise in the media, entertainment and information; real estate;
and transportation industries; and in making principal investments
in and serving as financial and strategic senior advisor to growth
companies with responsibilities for recapitalizations, private
placements, mergers and acquisitions, and going public
transactions.  Prior to founding Carolina Barnes in 1989, Mr.
Barnes was employed with Mabon Nugent & Co., a privately held
investment banking firm, as the executive vice president
responsible for its investment and merchant banking groups.  In
addition to his responsibilities within Carolina Barnes, Mr. Barnes
has served as chief revenue officer and director of StorageBlue
Equities LLC, a self-storage warehouse business, from March 2014 to
June 2015, and as president and director of Ocean State Windpower
Inc., a manufacturer of wind turbine generators, from August 2009
to December 2012.  Throughout the course of his career, Mr. Barnes
has served both as a senior executive and on the board of directors
of over a dozen companies, including serving as a director of SFX
Entertainment Inc. from December 2015 until its reorganization
under Chapter 11 of the Bankruptcy Code on Dec. 2, 2016, and on the
Nominating and Corporate Governance Committee and Special Committee
of SFX.
The Board of Directors considers Mr. Barnes to be an independent
director within the meaning of the rules and regulations of the
SEC, the criteria for independence of audit committee members under
applicable Nasdaq rules, and the Company's Corporate Governance
Guidelines.

Since the beginning of the Company's last fiscal year through the
present, there have been no transactions with the Company, and
there are currently no proposed transactions with the Company, in
which the amount involved exceeds $120,000 and in which Mr. Barnes
had or will have a direct or indirect material interest within the
meaning of Item 404(a) of Regulation S-K.  No arrangement or
understanding exists between Mr. Barnes and any other person
pursuant to which Mr. Barnes was selected as a director of the
Company.

                       About Function(x)Inc.

Based in New York, FunctionX Inc (NASDAQ:FNCX) is a diversified
media and entertainment company.  The Company conducts three lines
of businesses, which are digital publishing through Wetpaint.com,
Inc. (Wetpaint) and Rant, Inc. (Rant); fantasy sports gaming
through DraftDay Gaming Group, Inc. (DDGG), and digital content
distribution through Choose Digital, Inc. (Choose Digital).  The
Company's segments include Wetpaint, which is a media channel
reporting original news stories and publishing information content
covering television shows, music, celebrities, entertainment news
and fashion; Choose Digital, which is a business-to-business
platform for delivering digital content; DDGG, which is a
business-to-business operator of daily fantasy sports, and Other.
The Company's digital publishing business also includes Rant, which
is a digital publisher that publishes original content in over 13
verticals, such as in sports, entertainment, pets, cars and food.

The Company incurred a net loss of $63.68 million for the year
ended June 30, 2016, compared to a net loss of $78.53 million for
the year ended June 30, 2015.

As of Sept. 30, 2016, Function(x) had $33.07 million in total
assets, $27.51 million in total liabilities and $5.55 million in
total stockholders' equity.

BDO USA, LLP, in New York, issued a "going concern" qualification
on the consolidated financial statements for the year ended
June 30, 2016, citing that the Company has suffered recurring
losses from operations and at June 30, 2016, has a deficiency in
working capital that raise substantial doubt about its ability to
continue as a going concern.


FUNCTION(X) INC: Partners with VCC to Create Gossip Show The Tea
----------------------------------------------------------------
The Video Call Center announced the launch of a new, online, daily,
live show that tears down barriers between celebrities, audiences,
and hosts.  The VCC, developer of patented video call-in technology
and provider of live production services, is licensing the
technology and partnering with Wetpaint, one of the leading social
publishers focused on celebrity and entertainment news, to create
the new live program called The Tea.

The VCC platform enables partners like Wetpaint to create unique
and highly engaging live programs featuring video callers from
around the world.  Producers are able to connect viewers via
computer or smartphone with on-air talent, celebrities and audience
members in broadcast-quality video.  Production is accomplished
without the need for an expensive TV control room. Callers join
live using any device and a choice from more than a dozen different
IP video calling services, including Facebook Messenger, SkypeTM,
FaceTime and Gruveo (WebRTC).  The VCC platform includes caller
filtering and editorial moderation features to ensure that only the
most compelling and appropriate callers make it to air.

On the Dec. 5, 2016's premiere, Bravo's Real Housewives of Atlanta
star, Sheree Whitfield, joined the show to "spill the tea" on her
castmates, dig into the lasting impact of her iconic catchphrase
"Who gon' check me, boo," and field questions from live video
callers from the audience around the world via the VCC video
calling platform.  The VCC's own Jeremy Hassel, a staple of
celebrity talk programs from MTV to E! News, will host the show,
bringing his electric personality and incredible energy to The Tea,
and facilitating a natural, lively, conversation between today's
hottest celebrities and their enthusiastic fans.  "I'm excited to
bring the thrill of live gossip TV experience to the one and only
Wetpaint audience—for me, this is a match made in heaven," Hassel
commented.

The show taps into Wetpaint's status as the "go-to-place" for
celebrities and social influencers looking to reach an engaged
millennial audience.  "Wetpaint thrives on innovating social media.
That is why the Video Call Center and its video caller technology
is an exciting partner as we grow the Wetpaint live programming
lineup.  The Tea completely flips the script on entertainment TV,
putting fans on air, no matter where they are, alongside their
favorite bloggers and celebrities," says Birame N. Sock, president
and COO of Function(x) Inc (Nasdaq: FNCX), Wetpaint's parent
company.  Wetpaint's editors have been participating in the VCC's
OMGoss!p weekly program for the last year.  "We believe it is time
for us to launch a live daily celebrity news program unlike any
other, leveraging our celebrity relationships and highly engaged
audience of more than 10 million fans," adds Sock.

Larry Thaler, CEO of the VCC said, "Wetpaint is demonstrating
remarkable foresight into what engagement really means for TV
programs.  They've recognized the opportunity in video caller
television and are using it to go beyond the usual, one-way
celebrity talk TV formula in favor of something built from the
ground up for social media savvy audiences.  We are looking forward
to working with this sophisticated team."

The show will air at http://www.wetpaint.com/video/series/the-tea/
on weekdays at 3pm EST.

              About The Video Call Center, LLC

VCC is a technology and content development company devoted to
handling large numbers of IP Video remotes-by-smartphone and
putting them on the air through patented assistive automation
approaches.  VCC licenses its software and provides caller
acquisition and production services.  VCC has produced hundreds of
programs for the web through its Talk Center America platform, and
dozens of stations of co-owner TEGNA Media.  VCC is jointly owned
by Wolzien LLC and TEGNA, a significant investor and customer.

                         About Wetpaint

Wetpaint is owned and operated by Function(x), Inc. (Nasdaq: FNCX).
With clever social packaging around killer entertainment content,
Wetpaint has become a leader in social publishing with a celebrity
hook.  Every day the site showcases exclusive interviews, breaking
stories, and our fangirl spin on the hottest news -- all fueled by
social media.  By leveraging patented, proprietary social
technology, Wetpaint drives the deepest form of engagement with its
users -- and gains new audiences virally through sharing.  Wetpaint
technology gives it the power to know what its audience wants and
when, turning casual fans into true fanatics.  That's how Wetpaint
has become the leading social publisher for millennial women, with
more than 10M Facebook fans, 13M monthly unique visitors, and 90M
monthly page views.  Wetpaint is known for hosting various
celebrities such as Eva Longoria, Terrence Howard, Michelle
Williams, Nick Lachey, Elizabeth Hurley, Bethenny Frankel, Miss
America, AKON, Lance Bass, Jackie Cruz, Juliana and Bill Rancic,
The Chainsmokers, Snooki, Wendy Williams, Erika Christensen and
Nene Leakes, just to name a few.

                       About Function(x)Inc.

Based in New York, FunctionX Inc (NASDAQ:FNCX) is a diversified
media and entertainment company.  The Company conducts three lines
of businesses, which are digital publishing through Wetpaint.com,
Inc. (Wetpaint) and Rant, Inc. (Rant); fantasy sports gaming
through DraftDay Gaming Group, Inc. (DDGG), and digital content
distribution through Choose Digital, Inc. (Choose Digital).  The
Company's segments include Wetpaint, which is a media channel
reporting original news stories and publishing information content
covering television shows, music, celebrities, entertainment news
and fashion; Choose Digital, which is a business-to-business
platform for delivering digital content; DDGG, which is a
business-to-business operator of daily fantasy sports, and Other.
The Company's digital publishing business also includes Rant, which
is a digital publisher that publishes original content in over 13
verticals, such as in sports, entertainment, pets, cars and food.

The Company incurred a net loss of $63.68 million for the year
ended June 30, 2016, compared to a net loss of $78.53 million for
the year ended June 30, 2015.

As of Sept. 30, 2016, Function(x) had $33.07 million in total
assets, $27.51 million in total liabilities and $5.55 million in
total stockholders' equity.

BDO USA, LLP, in New York, issued a "going concern" qualification
on the consolidated financial statements for the year ended
June 30, 2016, citing that the Company has suffered recurring
losses from operations and at June 30, 2016, has a deficiency in
working capital that raise substantial doubt about its ability to
continue as a going concern.


GATEWAY CASINOS: S&P Revises Outlook to Neg. & Affirms 'B+' CCR
---------------------------------------------------------------
S&P Global Ratings said it revised its outlook on Burnaby,
B.C.-based Gateway Casinos & Entertainment Ltd. to negative from
stable.

At the same time, S&P Global Ratings affirmed its 'B+' long-term
corporate credit rating on the company.  In addition, S&P Global
Ratings affirmed its 'BB' issue-level rating on Gateway's
first-lien secured debt and its 'B+' issue-level rating on the
company's second-lien secured debt.  The '1' recovery rating on the
first-lien debt is unchanged, and reflects S&P's expectation of
very high (90%-100%) recovery in the event of a default.  The '4'
recovery rating on the second-lien secured debt is also unchanged,
and indicates S&P's expectation of modest (30%-50%; in the high end
of the range) recovery.

"The outlook revision reflects our view of Gateway's
slower-than-expected deleveraging compared with our forecasts,"
said S&P Global Ratings credit analyst Andrew Ng.  S&P now expects
the company's adjusted debt-to-EBITDA to be above 6.0x on average
in 2016-2017, and EBITDA interest coverage to be 2.0x-2.5x in
2016-2017.  This has resulted from slower EBITDA growth and
elevated capital expenditures.  The slower EBITDA growth mainly
stems from the tightening of British Columbia Lottery Corp. (BCLC)
rules on high-limit tables, causing lower levels of play and an
increased competitive landscape in mainland Vancouver area with
Parq Holdings L.P.'s new facility, which will open in
fourth-quarter 2017.  The elevated capital expenditures relate to
the refurbishing of Gateway's Palace casino in West Edmonton Mall
and a new facility in Penticton, B.C.  Because of this, S&P expects
the company's covenant cushion to be weak over the next 12 months,
which led S&P to reassess Gateway's liquidity to less than adequate
from adequate.  S&P do not expect the company to cut back on its
capital expenditures in the near term, because these will refurbish
existing assets, which will be EBITDA accretive.  But, in S&P's
view, the EBITDA accretion will be slower-than-anticipated, causing
weaker credit metrics in 2016-2017.

The 'B+' corporate credit rating reflects S&P's assessment of
Gateway's business risk profile as satisfactory and financial risk
profile as highly leveraged.  The combination of a satisfactory
business risk profile and highly leveraged financial risk profile
leads to an anchor score of 'b+'.  None of the analytical modifiers
had an impact in deriving S&P's final 'B+' rating.

The negative outlook on Gateway reflects S&P's view that slower
EBITDA growth and elevated capital expenditure levels will cause
credit metric to weaken in 2016-2017.  S&P expects adjusted
debt-to-EBITDA to be about 7.0x in 2016 and above 6.0x in 2017
along with EBITDA interest coverage of 2.0x-2.5x in 2016-2017.
Although, S&P expects stable operating cash flow over the next 12
months, increased regulatory tightening, increased competition, and
elevated capital expenditures could cause further pressure on
credit metrics and reduce the covenant cushion.

S&P could lower the rating if the increased competitive landscape,
increased regulatory requirements, and elevated capital expenditure
lead to adjusted debt-to-EBITDA of about 6.0x over the next 12
months without any prospects for improvement and with continued
covenant cushion weakness.

S&P could revise the outlook to stable if Gateway maintains steady
margins and cash flow in 2017 along with its ability to manage
increased competition in a mature market and generate steady
operating cash flow, allowing the company to service its large debt
amortization.  S&P believes that this would be consistent with
adjusted debt-to-EBITDA of below 6.0x and EBITDA interest coverage
approaching 3.0x, which would ensure adequate covenant cushion
until 2017.



GOLFSMITH INT'L: Court Approves Key Employee Retention Program
--------------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court issued
an order approving Golfsmith International Holdings' key employee
retention program (KERP).  As previously reported, "To successfully

implement the recent sale of substantially all of Golfsmith's
assets, the sale of Golf Town and related transition services, and

the orderly wind down of the Debtors' estates, the Debtors must
retain certain key employees.  These employees are crucial, based
on their experience, institutional knowledge, expertise, and
vendor relationships, to providing services supporting (i) the
store liquidations and transactions currently taking place as part

of the sale of assets recently approved by the Court, (ii) the
Transition Services Agreement with the Canadian purchaser of Golf
Town (the 'TSA'), and (iii) the wind-down of the Debtors'
bankruptcy estates.  Accordingly, subject to the Court's approval,

the Debtors intend to adopt a Key Employee Retention Plan (the
'KERP') under which 127 of the Debtors' non-insider employees
(collectively, the 'Key Employees') will be incentivized to remain

employed by the Debtors. The maximum aggregate amount of Retention

Bonuses that would be paid under the KERP is approximately
$955,000, with an estimated average Retention Bonus per Key
Employee of approximately $6,700.  Significantly, $655,000 of the
KERP will be funded from the Golf Town purchase price as
consideration for the support services that Golfsmith is required
to provide under the TSA."

                About Golfsmith International

Headquartered in Austin, Texas, Golfsmith International Holdings,
Inc., the parent company of Golfsmith International, Inc., is a
holding company. The Company is a specialty retailer of golf and
tennis equipment, apparel, footwear and accessories. The Company
operates as an integrated multi-channel retailer, providing its
customers the convenience of shopping in the retail stores across
United States, through its Internet site,
http://www.golfsmith.com/,and from its catalogs. The Company     
offers a product selection that features national brands,
pre-owned clubs and its branded products. It offers a number of
customer services and customer care initiatives, including its
club trade-in program, 30-day playability guarantee, 115% low-
price guarantee, its credit card, in-store golf lessons, and
SmartFit, its club-fitting program. As of Jan. 1, 2011, the
Company operated 75 stores in 21 states and 33 markets.

Golfsmith International Holdings, Inc., and 12 affiliates filed
Chapter 11 petitions (Bankr. D. Del. Case No. 16-12033) on Sept.
14, 2016, and are represented by Mark D. Collins, Esq., John H.
Knight, Esq., Zachary I. Shapiro, Esq., and Brett M. Haywood,
Esq., at Richards, Layton & Finger, P.A., in Wilmington, Delaware;

and Michael F. Walsh, Esq., David N. Griffiths, Esq., and Charles
M. Persons, Esq., at Weil, Gotshal & Manges LLP, in New York.

The Debtors' financial advisor is Alvarez & Marsal North America,
LLC. The Debtors' investment banker is Jefferies LLC.  The
Debtors' claims, noticing and solicitation agent is Prime Clerk
LLC.  Pope Shamsie & Dooley LLP serves as tax accountants.

At the time of filing, the Debtor had $100 million to $500 million

in estimated assets and $100 million to $500 million in estimated
liabilities.

Andrew Vara, acting U.S. trustee for Region 3, on Sept. 23, 2016,
appointed seven creditors to serve on the official committee of
unsecured creditors. The Committee hires Cooley LLP as lead
counsel, Chaitons LLP as Canadian counsel, Polsinelli PC as
Delaware counsel, Province, Inc. as financial advisor, and A&G
Realty Partners as real estate advisor.


HANCOCK FABRICS: Unsecured Creditors' Recovery Unknown
------------------------------------------------------
Hancock Fabrics, Inc., and affiliates filed with the U.S Bankruptcy
Court for the District of Delaware a disclosure statement for their
joint chapter 11 plan of liquidation, dated Dec. 2, 2016.

Holders of General Unsecured Claims, if allowed, will receive a Pro
Rata Share of the Available Assets.  The Available Assets are the
remaining Assets and proceeds of Assets after payment of or reserve
for Senior Claims and certain reserve amounts established under the
Plan for Senior Claims, and the administration and liquidation of
the Estates (including costs incurred after confirmation of the
Plan).  To the extent that any amounts remain in these funds after
the claims or costs they cover are satisfied, they will be
distributed according to the terms of the Plan.  The Disclosure
Statement left blank the estimated recovery of general unsecured
creditors.

Holders of Wells Fargo Prepetition Claims, GACP Prepetition Claims,
and Noteholder Prepetition Claims, if allowed, will receive, in
full satisfaction, settlement, release and discharge of, and in
exchange for such Allowed Wells Fargo Prepetition Claim, Allowed
GACP Prepetition Claim, or Allowed Noteholder Prepetition Claim, as
applicable, (i) Cash in an amount equal to the amount of such
Allowed Wells Fargo Prepetition Claim, Allowed GACP Prepetition
Claim, or Allowed Noteholder Prepetition Claim, as applicable; (ii)
treatment provided in, as applicable, the DIP Financing Agreement,
DIP Financing Order, the Cash Collateral Order, other orders of the
Bankruptcy Court or applicable law; or (iii) such other less
favorable treatment as to which the Debtors and such holder shall
have agreed upon in writing.

In the event that the Plan becomes effective, on and after the
Effective Date, the Estates will be liquidated in accordance with
the Plan, the Hancock Administrative Budget and applicable law, and
the operations of the Debtors will become the responsibility of the
Responsible Person who will thereafter have responsibility for the
management, control and operation thereof, and who may use, acquire
and dispose of property free of any restrictions of the Bankruptcy
Code or the Bankruptcy Rules.

A full-text copy of the Disclosure Statement is available at:

       http://bankrupt.com/misc/deb16-10296-1288.pdf

                  About Hancock Fabrics

Hancock Fabrics, Inc., is a specialty fabric retailer operating
stores under the name "Hancock Fabrics".  Hancock has 4,500
full-time and part time employees.  The Baldwyn,
Mississippi-based
company is one of the largest fabric retailers in the United
States, operating 260 stores in 37 states as of October 31, 2015
and an internet store under the domain name
http://www.hancockfabrics.com/       

Hancock Fabrics, Inc. and six of its affiliates, retailer of
fabric, sewing and accessories, filed Chapter 11 bankruptcy
petitions (Bankr. D. Del. Case Nos. 16-10296 to 16-10302) on Feb.
2, 2016.  Dennis Lyons, the senior vice president and chief
administrative officer, signed the petitions.  Judge Brendan
Linehan Shannon is assigned to the jointly administered cases.

The Debtors have engaged O'Melveny & Myers LLP as general counsel,
Richards, Layton & Finger, P.A., as local counsel, Clear Thinking
Group LLC as financial advisor, Retail Consulting Services, Inc.
d/b/a Real Estate Advisors as real estate advisors and Kurtzman
Carson Consultants, LLC as claims and noticing agent.

The Debtors disclosed total assets of $151.4 million and total
debts of $182.1 million.  The Debtors owe its trade vendors
approximately $21.2 million as of Jan. 31, 2016.

Lawyers at Klehr Harrison Harvey Branzburg LLP and Hahn & Hessen
LLP serve as counsel to the Official Committee of Unsecured
Creditors.


HARGREAVES ASSOCIATES: Plan Confirmation Hearing on Dec. 15
-----------------------------------------------------------
Judge Hannah L. Blumenstiel of the U.S. Bankruptcy Court for the
Northern District of California tentatively approved Hargreaves
Associates Incorporated's combined plan and disclosure statement,
dated Oct. 15, 2016.

Dec. 8, 2016 is the last day for submitting written ballots
accepting or rejecting the Plan.

Dec. 8, 2016 is the last day for filing and serving written
objections to the Disclosure Statement and/or to confirmation of
the Plan.

The hearing on final approval of the Disclosure Statement and on
confirmation of the Plan will occur on Dec. 15, 2016 at 10:00 A.M.

Headquartered in San Francisco, California, Hargreaves Associates
Incorporated filed for Chapter 11 bankruptcy protection (Bankr.
N.D. Calif. Case No. 15-31441) on Nov. 18, 2015, estimating its
assets at up to $50,000 and liabilities at between $1 million and
$10 million.  The petition was signed by George Hargreaves, CEO.
Mark J. Romeo, Esq., at the Law Offices of Mark J. Romeo serves as
the Company's bankruptcy counsel.


HAVEN CHICAGO: Seeks to Hire Springer Brown as Legal Counsel
------------------------------------------------------------
Haven Chicago LP seeks approval from the U.S. Bankruptcy Court for
the Northern District of Illinois to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire Springer Brown, LLC to give legal
advice regarding its duties under the Bankruptcy Code, negotiate
with creditors, assist in the preparation of a bankruptcy plan, and
provide other legal services.

The hourly rates charged by the firm are:

     Richard Larsen      $405
     Elizabeth Bates     $405
     Joshua Greene       $375

Richard Larsen, Esq., disclosed in a court filing that his firm
does not represent any interest adverse to the Debtor or its
bankruptcy estate.

The firm can be reached through:

     Richard G. Larsen, Esq.
     Springer Brown, LLC
     300 S. County Farm Road, Suite I
     Wheaton, IL 60187
     Tel: (630) 510-0000
     Email: rlarsen@springerbrown.com

                      About Haven Chicago LP

Haven Chicago LP sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N. D. Ill. Case No. 16-35506) on November
7, 2016.  The petition was signed by Albert Adriani, manager.  

The case is assigned to Judge Jack B. Schmetterer.

At the time of the filing, the Debtor estimated assets of less than
$50,000 and liabilities of $1 million to $10 million.


HAVEN REAL ESTATE: Seeks to Hire Springer Brown as Legal Counsel
----------------------------------------------------------------
Haven Real Estate Focus Fund LP seeks approval from the U.S.
Bankruptcy Court for the Northern District of Illinois to hire
legal counsel in connection with its Chapter 11 case.

The Debtor proposes to hire Springer Brown, LLC to give legal
advice regarding its duties under the Bankruptcy Code, negotiate
with creditors, assist in the preparation of a bankruptcy plan, and
provide other legal services.

The hourly rates charged by the firm are:

     Richard Larsen      $405
     Elizabeth Bates     $405
     Joshua Greene       $375

Richard Larsen, Esq., disclosed in a court filing that his firm
does not represent any interest adverse to the Debtor or its
bankruptcy estate.

The firm can be reached through:

     Richard G. Larsen, Esq.
     Springer Brown, LLC
     300 S. County Farm Road, Suite I
     Wheaton, IL 60187
     Tel: (630) 510-0000
     Email: rlarsen@springerbrown.com

                     About Haven Real Estate

Haven Real Estate Focus Fund LP sought protection under Chapter 11
of the Bankruptcy Code (Bankr. N. D. Ill. Case No. 16-35511) on
November 7, 2016.  The petition was signed by Albert Adriani,
manager.  

The case is assigned to Judge Pamela S. Hollis.

At the time of the filing, the Debtor estimated assets of less than
$50,000 and liabilities of $1 million to $10 million.


HUDSON'S BAY: S&P Affirms 'B+' CCR on Weak Business Risk Profile
----------------------------------------------------------------
S&P Global Ratings said it affirmed its ratings on Hudson's Bay Co.
(HBC), including its 'B+' long-term corporate credit rating on the
company.  The outlook is stable.

"Our ratings reflect our view of HBC's weak business risk profile,
as evidenced by the persistently difficult profitability and
secular pressure from online channels that characterize the mature
department store industry," said S&P Global Ratings credit analyst
Donald Marleau.  "These weaknesses are counterbalanced by the
company's attractive banners and locations, and its good geographic
diversity," Mr. Marleau added.

S&P's highly leveraged financial risk profile reflects the
company's high lease-adjusted debt leverage, supported by good cash
interest coverage and strong asset coverage.

HBC operates the iconic Saks and Hudson's Bay banners in North
America, as well as the well-positioned Galeria Kaufhof banner in
Germany.  These recognized banners and attractive locations,
however, are exposed to the slow organic growth and competitive
conditions for department stores in North America and Europe that
have contributed to weak and volatile profitability.

Weak same-store sales across all banners is consistent with S&P's
view of intense competition in North America, slow economic
conditions in Europe, the introduction of untested merchandising
initiatives at Saks OFF 5th, and growing e-commerce.  HBC aims to
boost earnings despite lower comparable-store sales, however, with
reduced promotional activity at Saks OFF 5th and lower costs from a
new automated distribution center.

The sale-leaseback of real estate could have a gradually negative
effect on the company's business risk profile, with HBC ultimately
ceding long-term control over key real estate assets as the
portfolio matures and weakening the inherent credit defense of hard
assets, albeit with the expectation of more efficient capital
allocation with proceeds.

The stable outlook on HBC reflects S&P Global Ratings' view of the
company's fully adjusted debt leverage of more than 7x in 2016 and
2017, which incorporates only modest EBITDA growth, but good EBITDA
cash interest coverage and continued strong asset coverage.

S&P could lower the ratings if EBITDA interest coverage weakens
below 2x, which it believes could translate into higher free cash
burn, notwithstanding the company's good flexibility on capital
expenditures.  In such a scenario, S&P would expect flat to
negative comparable-store sales and up to 200 basis points (bps) of
contraction in EBITDA margins.  S&P could also lower the ratings if
HBC's strong asset coverage weakens, which it believes could only
occur if the company monetizes real estate with no offsetting
reduction in reported debt leverage, for example by distributing
proceeds to shareholders or making unsuccessful acquisitions.

"We are unlikely to raise our ratings on HBC over the next year,
given our outlook for soft comparable-store sales and the company's
highly leveraged financial risk profile, as indicated by fully
adjusted leverage of more than 7x over the next few years with
adjusted EBITDA interest coverage constrained to below 3x.  We
could raise the ratings if leverage drops below 5x, which we
estimate could occur organically if the company boosts margins by
about 100 bps amid steady-to-positive comparable sales growth," S&P
said.



IAMGOLD CORP: Egan-Jones Hikes Sr. Unsecured Ratings to BB
----------------------------------------------------------
Egan-Jones Ratings Company, on Nov. 25, 2016, raised the senior
unsecured ratings on debt issued by IAMGOLD Corp. to BB from B.

Iamgold Corporation is a Toronto based international gold
producer.
The company is engaged in the exploration, development, and
production of mineral resource properties throughout the world.



IHEARTCOMMUNICATIONS INC: Extends Consent Solicitations Until Dec 9
-------------------------------------------------------------------
iHeartCommunications, Inc., announced that it has amended the terms
of the six separate consent solicitations with respect to its five
series of priority guarantee notes and senior notes due 2021 that
were launched on Monday, Nov. 28, 2016.

To eliminate confusion, the terms of the Consent Solicitations have
been amended to clarify the language of the proposed amendment to
Section 9.07 of the indentures governing the Notes. The purpose of
the Revised Proposed Amendment is still to allow the Company to
make exchange offers to all holders of Notes that are either
institutional accredited investors or non-U.S. persons (as defined
in Regulation S under the Securities Act) in offshore transactions
without registering the debt or equity securities offered in such
exchange offers with the Securities and Exchange Commission.
However, in the Revised Proposed Amendment, the Company has limited
its ability to exclude holders of Notes (other than
non-institutional accredited investors and holders who are not
non-U.S. persons) whose inclusion would require the Company to
register the offering only to foreign jurisdictions with such
requirements.  The Company has also removed the language regarding
the Company having the sole discretion to determine whether such
registration in a foreign jurisdiction would be required.

To allow holders of Notes to consider the Revised Proposed
Amendment to the Indentures, the Company has extended the
expiration of the Consent Solicitations to 5:00 p.m., New York City
time, on Dec. 9, 2016.  Holders of Notes will be able to deliver
consents at any time prior to the Extended Expiration Time.

Finally, the amended terms of the Consent Solicitations, also
clarify that in the event that a holder of Notes who has provided a
consent revokes such consent prior to the Extended Expiration Time,
the Notes as to which consent has been revoked will be immediately
released for trading by DTC.

The complete terms and conditions of each Consent Solicitation are
set forth in Consent Solicitation Statements dated Nov. 28, 2016.
Except as set forth above, the terms and conditions of the Consent
Solicitations have not been modified or otherwise amended from the
original terms and conditions announced on Nov. 28, 2016.

Moelis & Company LLC is acting as the solicitation agent for the
Consent Solicitations.  Global Bondholder Services Corporation is
acting as the tabulation agent and information agent for the
Consent Solicitations.  Questions regarding the Consent
Solicitations may be directed to Moelis & Company LLC at (877)
751-3389.  Requests for Consent Solicitation Statements may be
directed to Global Bondholder Services Corporation at (212)
430-3774 (for bankers and brokers) or (866) 470-3900 (for all
others).

                About iHeartCommunications

iHeartCommunications, Inc., (formerly known as Clear Channel
Communications, Inc.) is a global media and entertainment company.
The Company specializes in radio, digital, outdoor, mobile,
social, live events, on-demand entertainment and information
services for local communities, and uses its unparalleled national
reach to target both nationally and locally on behalf of its
advertising partners.  The Company is dedicated to using the
latest technology solutions to transform the company's products
and services for the benefit of its consumers, communities,
partners and advertisers, and its outdoor business reaches over 40
countries across five continents, connecting people to brands
using innovative new technology.

IheartCommunications reported a net loss attributable to the
Company of $755 million on $6.24 billion of revenue for the year
ended Dec. 31, 2015, compared to a net loss attributable to the
Company of $794 million on $6.31 billion of revenue for the
year ended Dec. 31, 2014.

As of Sept. 30, 2016, IHeartcommunications had $12.82 billion in
total assets, $23.78 billion in total liabilities and a total
shareholders' deficit of $10.96 billion.

                       Bankruptcy Warning

"The ability to refinance the debt will depend on the condition of
the capital markets and our financial condition at such time.  
Any refinancing of the debt could be at higher interest rates and
increase debt service obligations and may require us and our
subsidiaries to comply with more onerous covenants, which could
further restrict our business operations.  The terms of existing
or future debt instruments may restrict us from adopting some of
these alternatives.  These alternative measures may not be
successful and may not permit us or our subsidiaries to meet
scheduled debt service obligations.  If we or our subsidiaries
cannot make scheduled payments on indebtedness, we or our
subsidiaries, as applicable, will be in default under one or more
of the debt agreements and, as a result we could be forced into
bankruptcy or liquidation," the Company said in its annual report
for the year ended Dec. 31, 2015.  

                           *    *    *

iHeartCommunications carries a 'CCC' Issuer Default Ratings (IDR)
from Fitch Ratings and a 'Caa2 Corp.' corporate family rating from
Moody's Investors Service.


INCYTE CORP: Egan-Jones Hikes Sr. Unsecured Ratings to BB
---------------------------------------------------------
Egan-Jones Ratings Company, on Nov. 17, 2016, raised the senior
unsecured ratings on debt issued by Incyte Corp to BB from BB-.

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



INFORMATION RESOURCES: S&P Lowers CCR to 'B-'; Outlook Stable
-------------------------------------------------------------
S&P Global Ratings said that it lowered its ratings on
Chicago-based market research company Information Resources Inc.
(IRI), including the corporate credit rating to 'B-' from 'B'.  The
rating outlook is stable.

At the same time, S&P assigned its 'B-' issue-level rating and '3'
recovery rating to the company's proposed first-lien credit
facility, which consists of a $900 million first-lien term loan due
December 2023 and an $80 million revolver due December 2021. The
'3' recovery rating indicates S&P's expectation for meaningful
(50%-70%; upper half of the range) recovery of principal for
lenders in the event of a payment default or bankruptcy.

S&P also assigned its 'CCC' issue-level rating and '6' recovery
rating to the company's proposed $350 million second-lien term loan
due December 2024.  The '6' recovery rating indicates S&P's
expectation for negligible (0%-10%) recovery of principal for
lenders in the event of default or bankruptcy.

S&P will withdraw its ratings on the company's existing first-lien
credit facility following the debt repayment.

"The downgrade reflects IRI's weakened credit metrics and more
aggressive financial policy, including adjusted pro forma leverage
(including our standard adjustments) that we expect to approach 10x
from mid-5x as of Sept. 30, 2016," said S&P Global Ratings' credit
analyst Khaled Lahlo.  With the term loan issuance, IRI is
increasing its reported debt considerably to $1.25 billion from
about $600 million.  The company expects to use the debt issuance
proceeds to refinance its existing first-lien credit facility and
to fund a dividend to its financial sponsor.

"The stable outlook reflects our expectation that IRI's EBITDA
generation will improve in 2017 due to growth across its core
business lines and growth platforms as well as lower one-time
expenses," said Mr. Lahlo.  "We expect leverage to improve to below
8x and free operating cash flow to debt of about 5% by the end of
2017."

S&P could lower the corporate credit rating if IRI is unable to
meet its mid-teens percentage revenue growth target in 2017, if its
EBITDA margins don't improve, and its free operating cash flow to
debt remains below 5% on a sustained basis.  This could result in
IRI's inability to reduce leverage as expected, which could lead to
an unsustainable capital structure.

Although unlikely during the next 12 months, S&P could raise the
rating if IRI can sustain mid-teens percentage revenue growth and
EBITDA margins in the high-teens percentage area due to growth
across its core business lines and growth platforms and lower its
one-time expenses, resulting in leverage below 7x and free
operating cash flow to debt above 5% on a sustained basis.



INGRAM MICRO: S&P Lowers CCR to 'BB', Off CreditWatch Neg.
----------------------------------------------------------
S&P Global Ratings lowered its corporate credit and issue-level
ratings on Irvine, Calif.-based global technology distributor
Ingram Micro Inc. to 'BB' from 'BBB-', removed them from
CreditWatch where S&P placed them with negative implications on
Nov. 30, 2016, assigned its '3' recovery rating to the company's
senior unsecured notes, indicating meaningful (upper half of the
50%-70% range) recovery of this debt under S&P's default scenario.
S&P subsequently withdrew the ratings at the issuer's request.  At
the time of the withdrawal, the outlook was stable.

"We lowered the corporate credit rating on Ingram to 'BB' from
'BBB-', reflecting both Ingram's stand-alone credit profile rating
of 'bbb-' and our assessment of Ingram as an insulated subsidiary
of Tianjin Tianhai, whose controlling shareholder is HNA Group.
S&P assess HNA Group's creditworthiness at 'b+'," said S&P Global
Ratings credit analyst John Moore.  "We withdrew our ratings on
Ingram at the company's request," he added.

Ingram is part of the HNA Group, a Chinese conglomerate and the
largest stockholder of Tianjin Tianhai, and will operate as a
stand-alone subsidiary of Tianjin Tianhai, consolidated under HNA
Group.  S&P assess the creditworthiness of the combined diversified
but highly leveraged HNA Group and its group credit profile at
'b+'.  Ingram's stand-alone creditworthiness is stronger than the
group's overall and the creditworthiness of the group generally
constrains the rating on the subsidiary because, in S&P's view, the
relatively weaker parent could potentially divert assets from the
subsidiary or burden it with liabilities during financial stress.
These risks are mitigated by restricted payments covenants
governing Ingram's revolving credit facility and notes' indentures,
and the inclusion of independent directors on Ingram's board of
directors.  HNA Group operates in the aviation, infrastructure,
real estate, financial services, tourism, and logistics sectors.
In S&P's view, the group benefits from scale and diversification of
operations.  However, S&P views the group's financial policy as
aggressive in terms of its acquisition strategy and it has high
debt leverage.

S&P's view of Ingram's stand-alone credit profile of 'bbb-' and
business risk profile reflects its established market position and
global presence and predictable countercyclical free cash flow
performance, offset by the highly competitive and cyclical
technology hardware distribution industry conditions.  The company
is the world's largest wholesale provider of technology products
and services.  With revenue of $41 billion in the 12 months ended
Oct. 1, 2016, Ingram maintains operating scale sufficient to
provide a broad variety of distribution and logistics services and
grow its revenues through ongoing expansion into adjacent product
lines and markets, despite competitive computing hardware market
conditions.  S&P expects Ingram's revenues will continue to be flat
to slightly down in 2016 and 2017 and it will maintain steady and
narrow EBITDA margins of about 2%, in line with those of its
technology distribution sector peers.  S&P expects free cash flow
will amount to about $500 million in 2016 and 2017, roughly similar
to 2015 and reflective of Ingram's generally stable operating
performance.

S&P's assessment of Ingram's financial risk profile reflects S&P's
expectation for leverage to remain below 3x over 2017, allowing
some cushion for moderate-size acquisitions.  The company's net
leverage amounted to about 2x as of Oct. 3, 2016.  S&P nets 75% of
Ingram's cash in S&P's assessment of the company's leverage.

S&P expects that Ingram will likely maintain the restricted
payments covenants of its recently amended revolving credit
facility and bond indentures and therefore share repurchases and
dividends will remain limited.  On Oct. 19, 2016, Ingram entered
into amendments to its revolving credit facility and senior
unsecured notes indentures and added restricted payments covenants
to each in preparation of the consummation of the transaction.
Restricted Payments under the amended indentures and credit
agreement are generally limited, in any given four-quarter period,
to the lesser of $150 million and 50% of Ingram's net income if
Ingram's debt to EBITDA exceeds 2x and to 50% of Ingram's net
income if Ingram's debt to EBITDA is less than or equal to 2x.



INTEGRATED FREIGHT: CEO and Chairman Fuselier Resigns
-----------------------------------------------------
David Fuselier, chief executive officer and chairman of the Board
of Integrated Freight Corporation, tendered his resignation from
both positions to the Board effective Nov. 18, 2016.  The Board of
Directors has accepted his resignation.  

                    About Integrated Freight

Integrated Freight Corporation, formerly PlanGraphics, Inc., (OTC
BB: IFCR) -- http://www.integrated-freight.com/-- is a Sarasota,
Florida-headquartered motor freight company providing long-haul,
regional and local service to its customers.  The Company
specializes in dry freight, refrigerated freight and haz-waste
truckload services, operating primarily in well-established
traffic lanes in the upper mid-West, Texas, California and the
Atlantic seaboard.  IFCR was formed for the purpose of acquiring
and consolidating operating motor freight companies.

Integrated Freight reported net income of $284,177 for the year
ended March 31, 2015, compared to a net loss of $1.43 million for
the year ended March 31, 2014.

As of March 31, 2015, Integrated Freight had $3.87 million in total
assets, $14.86 million in total liabilities and a total
stockholders' deficit of $10.99 million.

On Aug. 29, 2016, the Securities and Exchange Commission issued a
letter addressing the reporting requirements of the Integrated
Freight pointing out the delinquent filing status of the Company,
and establishing a timeline for the Company to come into
compliance.


J.G. NASCON: Crawford Excavating Buying Dump Trailer for $10K
-------------------------------------------------------------
J.G. Nascon, Inc., asks the U.S. Bankruptcy Court for the Eastern
District of Pennsylvania to authorize the sale of a 1999
International Dump Trailer, VIN # 1Z9DC3027XM048492, to Crawford
Excavating for $10,000.

The Debtor is a heavy and highway construction property located in
Eddystone, Pennsylvania, providing full-service site contracting to
the tri-state region.  As of the Filing Date, the Debtor has
approximately 25 employees.

In 1999, the Debtor purchased the Dump Trailer.  As of the Filing
Date, the Debtor owned, and continues to own, the Dump Trailer.

Through continued efforts of the Debtor, the Debtor obtained a
purchase offer for the sale of the Dump Trailer to the Purchaser
for $10,000.  The closing on the purchase offer and subsequent
agreement of sale will occur within 5 days after the Court approves
the same.

The purchase offer contemplates the sale of the Dump Trailer to the
Buyer for the purchase price.  The Buyer is unrelated to the Debtor
or any of the Debtor's affiliates, officers, or agents.  The Debtor
intends to negotiate and finalize an agreement of sale prior to the
Sale Hearing requested and submit the same for approval.

The sale proceeds will assist the debtor in its reorganization
efforts.  The Debtor avers that, with the sale of the Dump Trailer,
as set forth in the purchase offer, the Debtor will benefit the
estate by adding additional monies to the estate which is necessary
for reorganization.

The Debtor requests expedited treatment in connection with the
Motion because it requires the immediate sale of the Dump Trailer
for the benefit of the estate.  Accordingly, the Debtor asks that a
hearing on the Motion be held at the previously scheduled hearing
date of Dec. 20, 2016 at 1:00 p.m.

The Debtor asks the Court to approve the sale of the Dump Trailer
to the Purchaser free and clear of liens, claims, encumbrances and
interest.

J.G. Nascon, Inc., sought Chapter 11 protection (Bankr. E.D. Pa.
Case No. 15-18704) on Dec. 4, 2015, in Philadelphia.  The Debtor
tapped Albert A. Ciardi, III, Esq., and Jennifer E. Cranston,
Esq., at Ciardi Ciardi & Astin, P.C., as attorneys.  The Debtor
estimated $1 million to $10 million in assets and debt.


JAVE CAB: Can Use Radius Bank Cash Collateral Until Jan. 13
-----------------------------------------------------------
Judge Melvin S. Hoffman of the U.S. Bankruptcy Court for the
District of Massachusetts authorized Jave Cab, Inc., to continue
using the cash collateral of Radius Bank until Jan. 13, 2017.

Radius Bank is granted replacement liens in the proceeds and
products from the sale or lease of the Debtor's assets, as well as
all their products and proceeds.  

The Debtor was directed to make monthly adequate protection
payments to Radius Bank in the amount of $687.50.  In the event
that the Debtor's gross monthly income exceeds $1,200, the increase
will be paid over to Radius Bank as additional adequate
protection.

Judge Hoffman held that the post-petition liens and security
interests granted to Radius Bank will continue until the amount of
Radius Bank's claims equal the amount by which the value of the
collateral diminishes after the Petition Date, plus the amount of
cash expended by Debtor from the Petition Date to the date that
Radius’s claims have been indefeasibly paid in full.

The Debtor was directed to maintain all necessary insurance,
including, life, fire, hazard, comprehensive, public liability, and
workers' compensation as may be currently in effect, naming Radius
Bank and the Debtor as co-loss payees.

A further hearing on the Debtor's continued use of cash collateral
is scheduled for Jan. 12, 2017 at 10:15 am.

A full-text copy of the Order, dated Dec. 2, 2016, is available at

http://bankrupt.com/misc/JaveCab2016_16111338_58.pdf

Radius Bank is represented by:

          Frank F. McGinn, Esq.
          HACKETT FEINBERG P.C.
          155 Federal Street, 9th Floor
          Boston, MA 02110
          E-mail: ffm@bostonbusinesslaw.com

                 About Jave Cab, Inc.

Jave Cab, Inc., filed a Chapter 11 petition (Bankr. D. Mass. Case
No. 16-11338) on April 11, 2016.  The petition was signed by Amir
Sassine, president.  The Debtor is represented by Joseph P. Foley,
Esq. at the Law Offices of Joseph P. Foley.  The case is assigned
to Judge Melvin S. Hoffman.  At the time of filing, the Debtor
estimated assets at $0 to $50,000 and liabilities at $500,000 to $1
million.


JULIE HO: Dec. 15 Disclosure Statement Hearing
----------------------------------------------
Judge Carol A. Doyle of the U.S. Bankruptcy Court for the Northern
District of Illinois will convene a hearing on Dec. 15, 2016 at
10:30 A.M. to consider approval of an Amended Disclosure Statement
and Amended Plan of Reorganization filed by Julie T. Ho on Sept.
23, 2016.

Dec. 9, 2016 is the last day for filing and serving any objection
to the approval of the Disclosure Statement or objection to the
confirmation of the Plan.

As previously reported by the Troubled Company Reporter, unsecured
creditors will receive a pro-rata share (13.74%) of $189,559.83
under the amended plan. The Debtor will make all payments out of
her future income from rental of real estate, Skippy's Gyros II and
from contributions from family members.

A full-text copy of the Amended Disclosure Statement is available
at:

        http://bankrupt.com/misc/ilnb15-35338-75.pdf

Julie T. Ho has operated her businesses of Rental Real Estate,
Skippy's Gyros II and managed her financial affairs as
debtor-in-possession since the inception of her reorganization
case.  The Debtor filed for Chapter 11 bankruptcy protection
(Bankr. N.D. Ill. Case No. 15-35338) on Oct. 16, 2015.


KUBCO DECANTER: Sets Sale Procedures for Assets
-----------------------------------------------
Kubco Decanter Services, Inc., asks the U.S. Bankruptcy Court for
the Southern District of Texas to approve the sale procedures in
connection with the sale of substantially all assets at an
auction.

The Debtor operates a Decanter Service servicing a variety of
industries, including the Oil and Gas Industry and operates from a
facility located at 8031 Breen Road, Houston, Texas.  Kubco does
not own any real property, but is subject to a long term lease on
the operating facility.

Kubco provides a full range of centrifuge products, including new
and remanufactured equipment, as well as parts and complete
centrifuge related services creating a one-stop shop for all of the
centrifuge product and service needs of its customers.

As a result of the recent depression in the Oil and Gas market,
Kubco has suffered along with others and has exhausted its
reserves, rendering it unable to continue to operate with the loss
of its customers, resulting in the filing of Chapter 11.  The
Debtor anticipates a liquidation of the assets of the estate and is
optimistic that the highest and best price will be obtained by a
controlled liquidation and perhaps a bulk sale of the entity and
its working assets.

The Debtor believes that the highest and best value for its
creditors can be realized by the sale of substantially all of the
Debtor's assets pursuant to 11 U.S.C. Section 363.  The Debtor
proposes to conduct an auction for its assets to obtain the highest
bids.  In order to induce an initial bidder to serve as the
"stalking horse bidder" at the auction, the Debtor proposes certain
bid procedures and protections.

The salient terms of the sale procedures and bid protections are:

   a. Asset Purchase Agreement: The Debtor seeks approval of the
form of Asset Purchase Agreement.  All bids must be marked against
the form of Asset Purchase Agreement.

   b. Notice of Auction and Sale Hearing: Within 3 business days
following the entry of an order approving the Motion, the Debtor
will serve by first-class mail a notice of the proposed sale
containing the date of the Auction and Sale Hearing to all
interested parties.

   c. Alternative Buyer's Deposit: $15,000

   d. Qualified Bids: $600,000, plus the assumption of assumed
liabilities, along with an executed written agreement substantially
in the form of the Asset Purchase Agreement.

   e. Credit Bidding: Amegy Bank of Texas is the only known
creditor with a perfected security interest in the assets being
sold pursuant to the APA.  Amegy Bank, at its sole election, will
be allowed to credit bid up to the balance owed to Amegy on the
date of the Court Order determining the highest and best bid.  On
the date of the filing, Amegy was owed $541,380 by the Debtor.

   f. Auction: An open auction for the assets will be conducted on
a date set by the Court.

   g. Minimum Overbid Increments: $25,000

   h. Sale Hearing: The Court will conduct a hearing on to confirm
the sale to the Highest and Best Bidder.  If for any reason the
Highest and Best Bidder fails to close the sale, the Debtor may
seek to consummate a sale based on the Back-Up Bid without further
order of the Court.

It is anticipated that the prospective bidders will either remove
the assets from the leasehold within 10 days of closing of sale or
make arrangements with the landlord to release the premises.

The sale procedure provides an appropriate framework to ensure that
the Debtor's goal of obtaining the maximum value for the purchased
assets is realized.  The proposed process is transparent and
represents a fair balance of the competing issues present in the
case.

The Debtor proposes terms for an Asset Purchase Agreement is that
is subject to higher and better offers.

In connection with the Asset Purchase Agreement, the Debtor seeks
approval of a capped "Expense Reimbursement."  Specifically, if (i)
the Asset Purchase Agreement is terminated as a result of a breach
by the Debtor, or (ii) the Debtor accepts a bid from an alternative
bidder, then the Debtor shall pay to Stalking Horse bidder,
reimbursement of actual and documented out-of-pocket expenses
incurred in connection with the transaction, up to a maximum of 2%
of the purchase price.

A copy of the list of assets to be sold and the Asset Purchase
Agreement attached to the Motion is available for free at:

      http://bankrupt.com/misc/Kubco_Decanter_35_Sales.pdf

The Debtor does not have authority or available cash to operate the
Debtor as a going concern.  In order to preserve value in the
Debtor's assets, the Debtor seeks expedited consideration of its
Motion so that the marketing and sale process can begin
immediately.  Under the circumstances, the Debtor believes that
time is of the essence and that the value of the Debtor's assets
will decrease with the passage of time.

                 About Kubco Decanter Services

Kubco Decanter Services, Inc., filed a Chapter 11 petition (Bankr.
S.D. Tex. Case No. 16-34581) on Sept. 9, 2016.  The petition was
signed by Russel O'Brien, vice-president.  The case is assigned to
Judge Jeff Bohm.  The Debtor is represented by Peter Johnson,
Esq.,
at the Law Offices of Peter Johnson of Houston, TX.  At the time
of
filing, the Debtor disclosed $1.26 million in total assets and
$1.63 million in total liabilities.


LIBERTY MUTUAL: Fitch Affirms BB Rating on 7% Jr. Sub. Notes
------------------------------------------------------------
Fitch Ratings has affirmed Liberty Mutual Group Inc.'s (LMG)
Long-Term Issuer Default Rating (IDR) at 'BBB'. Additionally, Fitch
has affirmed LMG's insurance operating subsidiaries' (collectively
referred to as Liberty Mutual) Insurer Financial Strength (IFS)
ratings at 'A-'. The Rating Outlook remains Positive for all
ratings.

KEY RATING DRIVERS

Fitch's rating actions follow LMG's announcement that the company
will acquire 100% of Ironshore Inc. (Ironshore) from Fosun
International Limited. The transaction, expected to close in the
first half of 2017, poses near-term execution and integration risks
that are somewhat mitigated by LMG's past acquisition experience.
Ironshore's large market presence in U.S. excess & surplus (E&S)
lines and history of positive underwriting performance will
meaningfully expand LMG's specialty segment.

Liberty Mutual's Outlook was revised to Positive on Aug. 11, 2016
due to recent improvement in operating performance, which has
historically lagged higher-rated peers. Liberty Mutual
traditionally generates weaker underwriting results relative to
peers, but this differential has moderately narrowed in recent
years. LMG is currently meeting several upgrade triggers, and Fitch
would likely upgrade the ratings if positive operating performance
continues, LMG's financial leverage ratio falls below 28%, and the
company maintains its 'Strong' Prism score.

Despite maintaining the Positive Outlook, a ratings upgrade is
unlikely until financial ramifications of the transaction are
revealed through actual combined reported operating performance.
This places the earliest likelihood of an upgrade at early to
mid-2018.

The affirmation of LMG's ratings are based on the company's
established and sustainable positions in its chosen markets,
benefits derived from the company's multiple distribution channels,
adequate capitalization and financial performance.

Liberty Mutual will significantly increase its presence in the E&S
market once the deal closes, moving from the 29th largest market
participant to number seven on a pro forma basis based off of 2015
direct premiums written. Furthermore, Ironshore's reported
five-year average combined ratio of 92.2% should contribute to
Liberty Mutual's improving operating performance.

Mitigating these factors, LMG's balance sheet quality and capital
strength will slightly deteriorate due to an expected increase in
goodwill and debt. Given the $3 billion purchase price, which
equates to 1.45x Ironshore's tangible book value at year-end 2016,
the amount of goodwill generated will be roughly $930 million. This
will add to LMG's already sizeable third quarter 2016 goodwill
balance of $4.9 billion.

Financial leverage will likely also increase but more modestly, as
Fitch believes most of the purchase funds will come from the sale
of certain holding company investments and current holding company
cash. LMG may issue debt to finance a portion of the deal; however,
Fitch expects financial leverage will be maintained below 35% and
should gradually decline following the purchase.

While Fitch views the purchase as a slight credit negative in the
near-term due to inherent execution and integration risks present
with any acquisition, successful execution of the acquisition and a
commitment to reducing financial leverage post-acquisition could
provide longer-term positive credit benefits to LMG's operating
profile and rating prospects.

RATING SENSITIVITIES

Key rating triggers that could lead to an upgrade include:

   -- Maintenance of improved performance in underwriting results
      with a combined ratio of approximately 100% or better on
      both an accident and calendar year basis;

   -- A sustained Prism score of 'Strong' category or higher.

   -- Financial leverage ratio sustained below 28%.

   -- Continued favorable reserve development and stability in
      reserve position.

Key rating triggers that could result in a return to Stable Outlook
include:

   -- A return to accident year underwriting losses;

   -- Material weakening in the company's current reserve
      position, potentially indicated by a unfavorable reserve
      development greater than 5% of prior year equity;

   -- Failure to maintain a fixed charge coverage ratio of 5.0x;

   -- A large acquisition that unfavourably changes the operating
      profile or is financed in a manner that adds balance sheet
      risk causing run-rate financial leverage to move to 30%, or
      peak at 35% or higher whether or not the company
      subsequently reduces leverage.

FULL LIST OF RATING ACTIONS

Fitch has affirmed the following ratings:

   Liberty Mutual Group, Inc.

   -- Long-Term IDR at 'BBB'; Outlook Positive;

   -- $600 million 5.0% notes due 2021 at 'BBB-';

   -- $750 million 4.95% notes due 2022 at 'BBB-';

   -- $1 billion 4.25% notes due 2023 at 'BBB-';

   -- EUR750 million 2.75% notes due 2026 at 'BBB-'

   -- $3 million 7.625% notes due 2028 at 'BBB-';

   -- $231 million 7% notes due 2034 at 'BBB-';

   -- $471 million 6.5% notes due 2035 at 'BBB-';

   -- $19 million 7.5% notes due 2036 at 'BBB-';

   -- $750 million 6.5% notes due 2042 at 'BBB-';

   -- $1,050 million 4.85% notes due 2044 at 'BBB-';

   -- $300 million 7% junior subordinated notes due 2067 at 'BB';

   -- $700 million 7.8% junior subordinated notes due 2087 at
      'BB';

   -- $176 million 10.75% junior subordinated notes due 2088 at
      'BB'.

   Liberty Mutual Group, Inc.

   -- Short-Term IDR at 'F2';

   -- Commercial Paper Rating at 'F2'.

   Liberty Mutual Insurance Co.

   --Long-Term IDR at 'BBB+'; Outlook Positive;

   -- $140 million 8.5% surplus notes due 2025 at 'BBB';

   -- $227 million 7.875% surplus notes due 2026 at 'BBB';

   -- $260 million 7.697% surplus notes due 2097 at 'BBB'.

   Ohio Casualty Corporation

   -- Long-Term IDR at 'BBB'; Outlook Positive;

Fitch has affirmed the IFS of the members of Liberty Mutual Second
Amended and Restated Intercompany Reinsurance Agreement at
'A-'/Positive Outlook:

   -- America First Insurance Company

   -- America First Lloyd's Insurance Company

   -- American Economy Insurance Company

   -- American Fire and Casualty Company

   -- American States Insurance Company

   -- American States Insurance Company of Texas

   -- American States Lloyds Insurance Company

   -- American States Preferred Insurance Company

   -- Colorado Casualty Ins. Company

   -- Consolidated Insurance Company

   -- Employers Insurance Company of Wausau

   -- Excelsior Insurance Company

   -- First National Insurance Company of America

   -- General Insurance Company of America

   -- Golden Eagle Ins. Corporation

   -- Hawkeye-Security Insurance Company

   -- Indiana Insurance Company

   -- Insurance Company of Illinois

   -- Liberty County Mutual Insurance Company

   -- Liberty Insurance Corporation

   -- Liberty Insurance Underwriters Inc.

   -- Liberty Lloyds of Texas Insurance Company

   -- Liberty Mutual Fire Insurance Company

   -- Liberty Mutual Insurance Company

   -- Liberty Mutual Mid-Atlantic Insurance Company

   -- Liberty Mutual Personal Insurance Company

   -- Liberty Personal Insurance Company

   -- Liberty Surplus Insurance Corporation

   -- LM General Insurance Company

   -- LM Insurance Corporation

   -- LM Property and Casualty Insurance Company

   -- Mid-American Fire & Casualty Company

   -- Montgomery Mutual Insurance Company

   -- National Insurance Association

   -- Ohio Security Insurance Company

   -- Peerless Indemnity Insurance Company

   -- Peerless Insurance Company

   -- Safeco Insurance Company of America

   -- Safeco Insurance Company of Illinois

   -- Safeco Insurance Company of Indiana

   -- Safeco Insurance Company of Oregon

   -- Safeco Lloyds Insurance Company

   -- Safeco National Insurance Company

   -- Safeco Surplus Lines Insurance Company

   -- The First Liberty Insurance Corporation

   -- The Midwestern Indemnity Company

   -- The Netherlands Insurance Company

   -- The Ohio Casualty Insurance Company

   -- Wausau Business Insurance Company

   -- Wausau General Insurance Company

   -- Wausau Underwriters Insurance Company

   -- West American Insurance Company

Fitch has affirmed the IFS of the following companies that
participate in a 100% quota share at 'A-'/Positive Outlook:

   -- Liberty Northwest Insurance Corporation

   -- North Pacific Insurance Company

   -- Oregon Automobile Insurance Company




LIFE CHANGE: U.S. Trustee Opposes Approval of Plan Outline
----------------------------------------------------------
The U.S. trustee overseeing the Chapter 11 case of Life Change "N"
Ministries asked a bankruptcy court to deny approval of the
disclosure statement, which explains the company's proposed Chapter
11 plan of reorganization.

In a filing with the U.S. Bankruptcy Court for the Western District
of Tennessee, the U.S. Trustee for Region 8 complained the document
does not contain "adequate information" regarding the company's
financial affairs.

According to the bankruptcy watchdog, the document does not provide
a statement of projected income and expenses that would enable
creditors to determine the reasonableness of the plan.

The U.S. trustee also said the disclosure statement does not
contain a liquidation analysis and an income and expense report for
the entire "post-petition" period.

The U.S. trustee also criticized what it says are "inconsistencies
and errors" that must be corrected.

                About Life Change "N" Ministries

Life Change "N" Ministries operates as an urban ministry at 2453
Park Avenue, Memphis, Tennessee.  Its business consists of
providing religious, spiritual and counseling services to residents
of the Orange Mound community of Shelby County, Tennessee.

Life Change "N" Ministries sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. W. D. Tenn. Case No. 16-28056) on
September 2, 2016, and is represented by:

          John E. Dunlap, Esq.
          The Law Offices of John E. Dunlap, P.C.
          3294 Poplar Avenue No. 240
          Memphis, TN 38111
          Tel: (901) 320-1603
          Fax: (901) 320-6914
          E-mail: Jdunlap00@gmail.com

At the time of the filing, the Debtor estimated assets and
liabilities of less than $100,000.

The Office of the U.S. Trustee on Oct. 5 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Life Change "N" Ministries.


LINA REAL ESTATE: Voluntary Chapter 11 Case Summary
---------------------------------------------------
Debtor: Lina Real Estate Limited Partnership
        876 Easton Road
        Glenside, Pa 19038
        2158056968

Case No.: 16-18399

Chapter 11 Petition Date: December 6, 2016

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

Judge: Hon. Eric L. Frank

Debtor's Counsel: Marvin H. Gold, Esq.
                  LAW OFFICES OF GOLD & GOLD
                  237 S. York Road
                  Hatboro, PA 19040
                  Tel: (215) 672-2458
                  E-mail: marvinhgold@verizon.net
                          marvin@hatborolawyer.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Hua Yeung, general partner.

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/paeb16-18399.pdf


LINCOLN NATIONAL: Fitch Rates Junior Debentures 'BB+'
-----------------------------------------------------
Fitch Ratings has assigned a rating of 'BBB+' to Lincoln National
Corp.'s (LNC) issuance of $400 million of 10-year senior unsecured
notes. At the same time, Fitch has affirmed Lincoln National
Corporation's (LNC) Long-term Issuer Default Rating (IDR) at 'A-',
and the Insurer Financial Strength (IFS) ratings of LNC's insurance
operating subsidiaries at 'A+'. The Rating Outlook is Stable.

KEY RATING DRIVERS

Fitch expects proceeds from the debt issuance to be used to finance
the partial tender offers of up to $175 million and up to $150
million of LNC's 8.75% senior unsecured notes due 2019 and 6.15%
senior unsecured notes due 2036, respectively. Fitch views the
tender and new issuance as a net positive given the lower run-rate
interest expense and lower near-term refinancing risk which is
partially offset by a modest increase in financial leverage.

THe affirmation of LNC's ratings reflects the company's good
operating performance, strong reported risk-adjusted
capitalization, excellent competitive position, diverse
distribution network and capable management team. LNC's ratings
also reflect the above-average exposure of its earnings and capital
to interest rates and to equity market performance.

Fitch considers LNC's operating performance track record to be good
and within rating expectations. GAAP-based operating ROE was 11%
and 12% as of year-end 2015 and for the first nine months 2016
(annualized) respectively. LNC's 2015 earnings were negatively
impacted by elevated mortality experience and an unfavorable
interest rate related charge to deferred acquisition costs as part
of the company's periodic actuarial assumption review. Operating
earnings for the first nine months of 2016 were improved over the
same period last year as strong performance in the second and third
quarters more than offset weak performance in the first quarter.
Improvements in investment performance, mortality experience,
equity market performance, and group loss ratios after the first
quarter 2016 all contributed to improved year-over-year results.

Fitch considers LNC's reported statutory capital adequacy to be
strong and above expectations for the current rating. Total
adjusted statutory capital of LNC's insurance operating
subsidiaries increased 4% to approximately $8.8 billion as of Sept.
30, 2016 after a 4% decline in the prior year due to higher
dividends paid from the operating insurance entities to the holding
company over 2015. The company's reported RBC ratio at year-end
2015 was 487%, well above its target RBC ratio of 400% under a
stressed scenario. The use of captive reinsurance associated with
LNC's excess life reserves and variable annuity guarantees benefits
the level of reported RBC in the case of excess life reserves, and
supports the stability of reported RBC in the case of variable
annuity guarantees. These benefits continue to be factored into
Fitch's view of LNC's statutory capitalization.

The company's financial leverage was slightly below 25% at Sept.
30, 2016 and within Fitch's expectations for the company's current
ratings. As a result of the tender and refinance of existing debt,
pro forma financial leverage is expected to increase to slightly
above 25%.

Fitch remains concerned about ongoing low interest rates and their
effect on LNC's reserves, capital and earnings profile. Fitch views
LNC as having above-average exposure to interest rates given its
market-leading position in universal life (UL) with no-lapse
guarantees.

Fitch's concern about LNC's significant equity market exposure
reflects above-average exposure to variable annuity business and
associated guarantees. However, Fitch believes that LNC has
established a strong track record of effectively managing this
business, and has generated consistently favorable results relative
to peers. Fitch remains concerned about capital and earnings
volatility for large variable annuity writers in an unexpected, but
still plausible, severe stress scenario. Given weakness and
volatility in equity market performance this year, Fitch expects
moderate pressure on LNC's asset-based fee income to persist in
2017.

RATING SENSITIVITIES

Key rating triggers that may precipitate a rating upgrade include:

   -- Prolonged strong operating performance generating GAAP
      Operating ROE in excess of 11%;

   -- Reported RBC above 450%;

   -- Trend of holding-company liquidity managed at 12-18 months
      of debt service and common stock dividends;

   -- Leverage maintained below 25%.

Conversely, key rating triggers that may lead to a rating downgrade
include:

   -- Capital below expectations for a prolonged period. Fitch
      would expect reported RBC of 400% under normal conditions
      and 325% under stressed conditions;

   -- Leverage maintained above 30% and Total Financing and
      Commitments ratio above 1.5x;

   -- GAAP-based Operating ROE below 8% for an extended period of
      time;

   -- Cash coverage at holding company below 1.0x
      interest/dividend needs;

   -- A material reserve increase or impairment of intangibles.

Fitch has assigned the following rating:

   Lincoln National Corporation

   -- $400 million of 3.625% senior notes due 2026 'BBB+'.

Fitch has affirmed the following ratings with a Stable Outlook:

   Lincoln National Corporation

   -- Long-term IDR at 'A-';

   -- Short-term IDR at 'F2';

   -- Commercial Paper at 'F2';

   -- 7% senior notes due March 15, 2018 at 'BBB+';

   -- 8.75% senior notes due July 1, 2019 at 'BBB+';

   -- 6.25% senior notes due Feb. 15, 2020 at 'BBB+';

   -- 4.85% senior notes due June 24, 2021 at 'BBB+

   -- 4.20% senior notes due March 15, 2022 at 'BBB+';

   -- 4.00% senior notes due Sept. 1, 2023 at 'BBB+';

   -- 3.35% senior notes due March 9, 2025 at 'BBB+';

   -- 6.15% senior notes due April 7, 2036 at 'BBB+';

   -- 6.3% senior notes due Oct. 9, 2037 at 'BBB+';

   -- 7% senior notes due June. 15, 2040 at 'BBB+';

   -- 7% junior subordinated debentures due May 17, 2066 at 'BB+';

   -- 6.05% junior subordinated debentures due April 20, 2067 at
      'BB+'.

Lincoln National Life Insurance Company
Lincoln Life & Annuity Company of New York
First Penn-Pacific Life Insurance Company
   -- IFS at 'A+'.


LUCAS ENERGY: Adopts Revised Code of Ethics
-------------------------------------------
The Board of Directors of Lucas Energy, Inc. approved and adopted
an amended and restated Code of Business and Ethical Conduct, which
applies to all officers, directors and employees.  The Revised Code
replaced the Company's prior Code of Ethics adopted in June 2009
and reflects, among other matters, clarifications and revisions
relating to conflicts of interest, confidentiality, compliance with
laws, reporting and enforcement, and other matters intended to
update the Company's Code of Ethics.

A full-text copy of the Amended and Restated Code of Business and
Ethical Conduct is available at https://is.gd/Z4kcZC

                      About Lucas Energy

Based in Houston, Texas, Lucas Energy (NYSE MKT: LEI) --
http://www.lucasenergy.com/-- is a growth-oriented, independent
oil and gas company engaged in the development of crude oil,
natural gas and natural gas liquids in the Hunton formation in
Central Oklahoma in addition to the Austin Chalk and Eagle Ford
formations in South Texas.

Lucas Energy reported a net loss of $25.4 million for the year
ended March 31, 2016, compared to a net loss of $5.12 million for
the year ended March 31, 2015.

As of Sept. 30, 2016, Lucas Energy had $71.32 million in total
assets, $53.58 million in total liabilities and $17.74 million in
total stockholders' equity.

Hein & Associates LLP, in Houston, Texas, issued a "going concern"
qualification on the consolidated financial statements for the year
ended March 31, 2016, citing that the Company has incurred
significant losses from operations and had a working capital
deficit of $9.6 million at March 31, 2015.  These factors raise
substantial doubt about the Company's ability to continue as a
going concern.


MACK-CALI REALTY: Moody's Affirms Ba1 Sr. Sub. Shelf Ratings
------------------------------------------------------------
Moody's Investors Service has affirmed Mack-Cali Realty, L.P.'s
Baa3 senior unsecured debt, (P) Baa3 senior unsecured shelf and (P)
Ba1 senior subordinated shelf ratings.  In the same rating action,
Moody's affirmed the preferred stock shelf rating of Mack-Cali
Realty Corporation, the parent company of Mack-Cali Realty, at (P)
Ba1 and revised the rating outlook to negative, from stable.

These ratings were affirmed:

Mack-Cali Realty, L.P.:
  Senior Unsecured debt at Baa3
  Senior Unsecured debt shelf at (P) Baa3
  Senior Subordinated debt shelf at (P) Ba1

Mack-Cali Realty Corporation:

  Preferred Stock Shelf at (P) Ba1

                          RATINGS RATIONALE

Mack-Cali's Baa3 rating reflects the improving trend in the office
REIT's operational performance, good quality but concentrated
portfolio, and moderate effective leverage.  The rating also
considers the impact of the large development pipeline and
meaningful near-to-medium debt maturities on the REIT's liquidity
profile and financial flexibility.

The negative outlook reflects the REIT's modest liquidity position
relative to its meaningful debt maturities and large development
spend.  The outlook also takes into consideration the sustained
high net debt to EBITDA coupled with an expected secured debt level
increase and its material upcoming lease expirations.

Since June 2015, when Mack-Cali's new management team took over,
the REIT has sold 15 assets for $485 million and invested $ 390
million in new office assets mainly in the New Jersey Waterfront
and Metropark submarkets.  Portfolio occupancy improved to 87.7% in
3Q2016 from 82.3% in 2Q2015 due to asset sales and improved leasing
volume.  Geographic concentration is significant with three
submarkets, New Jersey waterfront, Newark and Westchester,
accounting for 66.7% of aggregate annualized base rent (ABR).

Operating performance and credit metrics in 2017 will be
meaningfully influenced by the REIT's ability to manage the large
2017 lease expirations, 15.2% of ABR, and complete the remaining
planned asset sales of $265 million.

Mack-Cali's investment in the multifamily segment, through its
platform called Roseland Residential Trust (RRT), has been growing
steadily.  At 3Q2016, the REIT wholly owned 1,627 units, had joint
venture arrangements in another 1,624 units and held subordinated
interests in 1,963 units.  The proportion of assets where Mack-Cali
holds a subordinate position has declined as the REIT has been
acquiring its partners' interests or sold its subordinate position
to its partners.

The aggregate investment in the 3,057 units under construction is
estimated to be $1067 million of which $360 million will be RRT's
share.  Funding the ongoing development without compromising the
REIT's already reduced financial flexibility is a key factor in
Mack-Cali's credit profile in the upcoming quarters.

The REIT's effective leverage is moderate at 42.4% and fixed charge
coverage at 2.8x is consistent with expectations for the rating
level.  Net Debt to EBITDA is weak, well above 7.0x since YE 2014,
and is unlikely to improve in the near term given the REIT's large
development pipeline.  Secured leverage has increased to 18.3% from
13.3% a year earlier.  Improvements in occupancy and rent growth
have resulted in an operating margin of 48.2% at 3Q2016 relative to
43% six quarters earlier.

Mack-Cali has $445 million of debt maturing in 2017, including the
$95 million balance on its revolver, which can be extended by a
year, and another $275 million maturing in 2018.  Proceeds from
asset sales and credit facility draws can be used to fund the
development and repay maturing debt, but the REIT will also likely
extend maturities, obtain new replacement mortgages and potentially
access the capital markets.

Ratings upgrade are unlikely in the near term and would require the
REIT to maintain net debt to EBITDA closer to 6.0x, secured
leverage below 15% and fixed charge above 2.7x, all on a sustained
basis.  Other significant considerations include operating margins
above 55% on a consistent basis and non-office income contribution
of 25%.

The ratings will be downgraded if there are any liquidity missteps
in managing through the investment capital needs and debt
maturities.  Other factors that could cause a rating downgrade are
fixed charge dropping below 2.4x, unencumbered assets as a
percentage of gross assets close to 60%, net debt to EBITDA above
7.5x on a sustained basis and an inability to address the large
lease expirations within a reasonable timeframe.

The principal methodology used in these ratings was Global Rating
Methodology for REITs and Other Commercial Property Firms published
in July 2010.



MARC ZAID P.C.: Case Summary & 11 Unsecured Creditors
-----------------------------------------------------
Debtor: Marc A. Zaid Esq., P.C.
        2200 Renaissance Blvd, Suite 270
        King of Prussia, PA 19406

Case No.: 16-18429

Chapter 11 Petition Date: December 6, 2016

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

Judge: Hon. Magdeline D. Coleman

Debtor's Counsel: Stephen Vincent Bottiglieri, Esq.
                  BOTTIGLIERI LAW, LLC
                  230 N. Monroe Street
                  Media, PA 19063
                  Tel: 610-565-2211
                  Fax: 610-565-1846
                  E-mail: sbottiglieri@gillinlawoffice.com
                          steve@bottiglierilaw.com

Total Assets: $36,351

Total Liabilities: $1.14 million

The petition was signed by Marc A. Zaid, president.

A copy of the Debtor's list of 11 unsecured creditors is available
for free at http://bankrupt.com/misc/paeb16-18429.pdf


MATADOR RESOURCES: Moody's Assigns B3 Rating to $150MM Sr. Notes
----------------------------------------------------------------
Moody's Investors Service said that Matador Resources Company's
proposed $150 million 6.875% Senior Notes due 2023 offering will
not impact the company's credit ratings or stable outlook.  The
Additional Notes are being offered as an addition to Matador's
existing $400 million 6.875% Senior Notes due 2023 that Matador
issued in April 2015.

Issuer: Matador Resources Company

Assignments
  $150 million 6.875% Senior Notes, Assigned B3 (LGD5)

                          RATING RATIONALE

The Additional Notes and Matador's existing Notes will be treated
as a single class of debt securities and will have identical terms,
other than the issue date.  The B3 rating on the senior unsecured
notes due 2023, one notch below the B2 CFR, reflects their
effective subordination to the company's $400 million senior
secured revolving credit facility.

Matador intends to use the net proceeds from this offering and
proceeds from the public offering of 6,000,000 shares of Matador's
common stock, to fund the purchase of approximately 4,600 net
leasehold acres with estimated current net production of
approximately 1,150 barrels of oil equivalent (boe) per day from
wells producing on this acreage in Eddy and Lea Counties, New
Mexico as well as approximately 475 net mineral acres in those same
counties.  In addition, the proceeds will be used to fund the
capital expenditures for a number of midstream initiatives in the
Delaware Basin that are either in progress or expected to begin by
the end of first quarter of 2017, to repay outstanding borrowings
under the revolving credit facility and capital expenditures
associated with the addition of a fourth drilling rig in the
Delaware Basin.

Matador's B2 Corporate Family Rating (CFR) reflects the company's
small scale, albeit growing, its relatively low debt relative to
average daily production, modest hedge book, and capital
expenditures that exceed cash flow from operations.  Although the
acreage acquisition increases the average daily production, we
expect the issuance of Additional Notes to slightly weaken the debt
to average daily production ratio and the debt to prove developed
reserves ratio at the end of 2017, as compared to our projections
prior to the proposed acreage acquisition and the issuance of debt
and equity.  However, the production increases resulting from the
capital expenditures related to the 4-rig program will cushion any
significant weakening of these metrics. Production increases,
improved commodity price outlook and the current hedge book will
likely improve the retained cash flow to debt ratio at the end of
2017.

The SGL-3 Speculative Grade Liquidity Rating reflects our
expectation that Matador will maintain adequate liquidity through
the end of 2017.  As of Sept. 30, 2016, the company had
approximately $20 million cash on the balance sheet and $234
million availability under its $300 million revolver maturing in
2020.  In October 2016, the borrowing base was increased to $400
million and as of Nov. 1, 2016, the availability under the revolver
was $304 million.  The facility contains a maximum debt / EBITDA
financial covenant which Moody's believes the company will remain
in compliance with through the end of 2017.  The company has no
material debt maturities until 2020 when its revolver is due.
Proceeds from Matador's proposed debt and equity issuances are
expected to increase the cash on the balance sheet.

The stable outlook reflects our expectation that Matador's
operations and credit metrics will continue to be supportive of the
current level.  Factors that could contribute to a downgrade
include the debt to prove developed reserves ratio increasing over
$15 per Boe or the retained cash flow to debt ratio decreasing
below 15%, on a sustained basis.  Factors that could contribute to
an upgrade include production increasing above 30,000 boe/d while
maintaining a LFCR over 1.0x, both on a sustained basis.

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

Matador, publicly traded and headquartered in Dallas, Texas, is
engaged in the acquisition, exploration, development and production
of oil and gas with the majority of its activity in the Delaware
Basin and Eagle Ford shale plays.  The company also operates in the
Haynesville and Cotton Valley plays.  Additionally, the company
conducts midstream operations in support of its operations and on
behalf of third parties on a limited basis.



MATTAMY GROUP: Moody's Assigns B1 Rating on New $300MM Sr. Notes
----------------------------------------------------------------
Moody's Investors Service assigned a B1 rating to Mattamy Group
Corporation's proposed new $300 million of senior unsecured notes
due 2023, proceeds of which will be used to repay borrowings on the
company's U.S. and Canadian dollar secured revolving credit
facilities.  Mattamy's Ba3 Corporate Family Rating, Ba3-PD
Probability of Default, and B1 rating on the company's existing
issues of senior unsecured notes are unchanged.  The rating outlook
is stable.

The stable outlook reflects Moody's expectation that Mattamy will
gradually reduce its debt leverage, grow its tangible net worth,
and improve its credit metrics.

These rating actions were taken:

  Proposed new $300 million of senior unsecured notes due 2023,
   assigned B1, LGD5;

  Corporate Family Rating, unchanged at Ba3;

  Probability of Default, unchanged at Ba3-PD;

  Existing senior unsecured notes, unchanged at B1, LGD5;

Ratings outlook remains stable.

                         RATINGS RATIONALE

The Ba3 corporate family rating reflects Mattamy's long-standing
and strong operating history in Canada and improving performance in
the United States.  Mattamy enjoys a top market position in many of
Canada's bigger housing markets, particularly the Greater Toronto
Area (GTA), and its investment in key US markets such as Florida
and Arizona should bode well in the coming years.  The company's
track record of consistent, positive net income generation and
gross margins in excess of 20% is also a credit positive.  The
rating also incorporates certain features of the Canadian housing
market that are not present in the US, such as home buyers' legal
requirement to close on signed home purchase contacts, which
results in cancellation rates near zero, and the mandated "green
belt" around Toronto that increases the value of the substantial
land Mattamy owns within the belt.

At the same time, the rating is constrained by Mattamy's elevated
debt leverage of 55.0% as of the first quarter of fiscal 2017 that
ended Aug. 31, 2016.  Additionally the rating is limited by
weakness in the Calgary market where home sales have slowed in an
oil and gas dependent economy, although Calgary makes up less than
6% of total trailing 12-month sales.

The company has an adequate liquidity position as of Aug. 31, 2016,
that includes approximately C$79 million of unrestricted cash and
equivalents.  The company has multiple revolving credit facilities
providing borrowing capacity of a total of C$675 million and US
$285 million, under which it had a total of C$544 million borrowed
as of the August quarter end.  Mattamy also has a sufficient
headroom under financial covenants in the credit agreements, which
include debt to tangible net worth, interest coverage, and minimum
net worth.  Liquidity will be augmented by issuance of the proposed
$300 million of unsecured notes, proceeds of which are designated
to pay down the revolvers.

Given the company's relatively high debt leverage for a Ba3
homebuilding credit, an upgrade is unlikely over the next 12 - 18
months.  Beyond that time frame, however, a positive rating could
be considered if the adjusted homebuilding debt to capitalization
ratio drops and stays below 45%, gross margins remain over 20%, the
company expands its size and scale, and it seamlessly integrates
its Monarch business, which seems to be occurring.

The rating/outlook could come under pressure if adjusted debt
leverage remains above 55%, interest coverage drops below 3.0x,
and/or gross margins decline below 18%.

The B1 rating assigned to Mattamy's senior unsecured notes, which
is one notch below the Corporate Family Rating of Ba3, reflects the
notes' junior position relative to the large amount of senior
secured debt remaining in Mattamy's capital structure.

The principal methodology used in this rating was "Homebuilding And
Property Development Industry" published in April 2015.

Established in 1978, headquartered in Oakville, Ontario, Canada,
and owned 100% by the Gilgan family, Mattamy Group Corporation
constructs single-family homes and high-rise buildings and has a
presence in two provinces in Canada and four states in the US.  In
the last twelve months ended Aug. 31, 2016, the company generated
C$2.6 billion in revenue and C$239 million of net income.



MATTAMY GROUP: S&P Assigns 'BB' Rating on US$300MM Sr. Notes
------------------------------------------------------------
S&P Global Ratings said it assigned its 'BB' issue-level rating and
'3' recovery rating to Mattamy's proposed issuance of
US$300 million (approximately C$405 million) senior unsecured notes
due 2023.  The '3' recovery rating on the notes indicates S&P's
expectation for a meaningful (50% to 70%; high end of the range)
recovery to bondholders in the event of default.  S&P also has
affirmed the corporate credit rating of 'BB' on the company. The
outlook is stable.  S&P expects the company to use the issue
proceeds to pay down revolving debt, and thus S&P views the
transaction as effectively debt-for-debt.

Toronto-based Mattamy is the largest single-family homebuilder in
Canada and is expanding its new home footprint in the U.S., also
operating to a smaller extent as a land developer for both internal
use and sale to third parties on both sides of the border.

"The stable outlook reflects our expectation for substantial home
closing growth during Mattamy's fiscal 2017, pushing EBITDA higher
and stimulating cash flow generation, allowing the company to
continue to make necessary land investments while improving
leverage," said S&P Global Ratings credit analyst Christopher
Andrews.  "Our forecast calls for debt to EBITDA in the mid-3x area
and EBITDA interest coverage of 4x-5x for its fiscal 2017."

S&P may consider a negative rating action over the next 12 months
in the event that the company pursues more aggressive debt-financed
land spending activity that keeps leverage consistently above the
4x level instead of the improvement S&P's forecast expects, leading
it to reassess the company's financial risk profile score to
aggressive.

S&P views the likelihood of a positive rating action as minimal
over the next 12 months, given the company's smaller size and
limited geographic diversity relative to higher-rated homebuilding
peers, as well as leverage which trended higher than S&P's
expectations during 2016.



MAUNA LOA: Unsecured Creditors To Get Full Payment
--------------------------------------------------
Mauna Loa Investments LLC filed with the U.S. Bankruptcy Court for
the Southern District of Florida an amended plan and disclosure
statement, dated November 18, 2016, a full-text copy of which is
available at http://bankrupt.com/misc/flsb12-32189-205.pdf

All Creditors will receive a distribution of 100% of their Allowed
Claims on the Effective Date.

Class 6 - Unsecured Claim of Anamaria Santiago, in the amount of
$800,000, will be paid in full as follows: $680,000 on the
Effective Date; the balance of $120,000 will be paid with interest
at the rate of 2% per annum amortized over 10 years and payable in
installments of principal and interest in the amount of $1,104.16
per month, with a final balloon payment of $64,099.15 paid on the
60th month after the Effective Date.  The $120,000.00 payment will
be secured by a mortgage on the Residential Property.

Class 7 - General Unsecured Claims, in the amount of $22,170, will
be paid in full on the effective date.

The Debtor's primary business and source of income is rental income
from its leased units at a property located at 9325 N. Okeechobee
Road (the "Commercial Property").

Payments and distributions under the Plan will be funded primarily
by the loan in the amount of $2,000,000 from Antonio Martinez
Marmol or an entity controlled by him.  The Marmol Loan will be
paid over a period of 30 years with interest at the rate of 4% per
annum and will be secured by a second mortgage on the Commercial
Property.  An additional loan from Ron Katz in the amount of
$550,000 will be used to pay the balance of the claims.  The Katz
Loan will be paid with interest at the rate of 12% amortized over
10 years with a balloon payment due in two years, and secured by a
first mortgage on the Commercial Property.

Mauna Loa Investments LLC filed a Chapter 11 petition (Bankr. S.D.
Fla. Case No. 12-32189) on September 17, 2012, and is represented
by Jeffrey N. Schatzman, Esq., at Schatzman & Schatzman, P.A., in
Miami, Florida.  At the time of filing, the Debtor estimated assets
of $1,000,001 to $10,000,000 and debts of $1,000,001 to
$10,000,000.  The petition was signed by Mawanphy Gil, manager.


MISSION NEW ENERGY: To Acquire 100% of AUS Group's Business
-----------------------------------------------------------
Mission NewEnergy Limited announced that it has entered into a
Heads of Agreement to acquire the business operations of the AUS
Group, a leading manufacturer of building materials products in
Australia.

Highlights

  * Acquisition of 100% of business units of AUS by issuance of
    Shares in Mission and cash, anticipated to be $12 million in
    cash and number of shares equaling 47.5% of MBT post capital
    raising

  * 30 year old Australian Manufacturing and Distribution Company

  * Generating revenue of approximately $28 million in FY2016

  * Well Positioned for future growth as a diversified
    manufacturer with barriers to import competition

  * This transaction constitutes a reverse takeover and it is
    expected that MBT shareholders shall be diluted by
    approximately 90%.
  * To fund the acquisition Mission will raise approximately $17
    million through the issue of new shares, anticipated to be at
    $0.30 per share assuming a share consolidation of 3.065
    existing to 1 new share

  * Transaction subject to conditions precedent by both MBT and
    AUS

  * MBT Board and management shall materially change at the
    discretion of AUS group

About AUS

The business units include Polyurethane Chemicals and Coatings,
Insulation foams, Polystyrene foam and CUPOLEX structural domes.
These business units provide a vertically integrated platform for
the manufacture and distribution of products from three
manufacturing locations in Australia, and sales and distribution
operations in Australia and New Zealand.  AUS's business unit,
CUPOLEX a product, for which it holds the distribution rights for
Australia, New Zealand, India, South Africa & Pacific Rim.  CUPOLEX
provides a cost effective and environmentally friendly alternative
to traditional concrete slab construction.

Due to the significant growth drivers of the business and large
volume of projected future sales AUS has now agreed to a
transaction with Mission New Energy to provide a scalable platform
for the growth of the business.

Regulatory Note:

  * the transaction requires security holder approval under the
    Listing Rules and therefore may not proceed if that approval
    is not forthcoming;

  * MBT is required to re-comply with ASX’s requirements for
    admission and quotation and therefore the transaction may not
    proceed if those requirements are not met;

  * ASX has an absolute discretion in not deciding whether or not
    to re-admit the entity to the official list and to quote its
    securities and therefore the transaction may not proceed if
    ASX exercises that discretion;

  * the ASX takes no responsibility for the contents of this
    announcement; and

  * MBT is in compliance with its continuous disclosure
    obligations under Listing Rule 3.1.

                  About the Proposed Transaction

The transaction will involve Mission wholly acquiring the business
operations of AUS with consideration comprising the issue of shares
in Mission and the provision of cash, more commonly known as a
reverse merger.
The RTO will be effected by completion of a funding round and
compliance with relevant ASX listing rules.  A shareholder notice
of meeting and prospectus will be issued by Mission with the basic
resolutions to:

  * Dispose of Mission's two subsidiaries, Mission Biofuels Sdn
    Bhd and M2 Capital Sdn Bhd, with all proceeds (cash or shares)
    to be distributed to Mission's existing Shareholders

  * Change of Directors and Executives

  * Change of Company Name

  * Change of ASX Code

  * Capital Raise target of A$17 million

  * Consolidation of existing MBT Shares

  * Change of nature of business and compliance with the market
    trading rules upon commencement of trading of the new vehicle
    on the ASX.

Key Terms of the acquisition

1. AUS group shall receive A$12 million in cash and shares
   equaling approximately 47.5% of MBT assuming a capital raising
   of $17 million.

2. Mission will be responsible for co-ordination and execution of
   the RTO with the detailed assistance of the existing owners of
   AUS;

3. Mission will assist with building an appropriate ASX listed
   Executive team and Board to support existing AUS management
   team;

4. Mission will provide systems, protocols and corporate
   intellectual property consistent with ASX best practices;

5. Existing shareholders of Mission will retain approximately 10%
   of the merged company on a fully diluted basis; and

6. It is expected that the transaction will be completed within
   120 days.

The acquisition is subject to conditions precedent by both AUS and
Mission being namely:

  * The completion of a re-structure of AUS business operations
    and a pre-RTO funding round by AUS to meet immediate growth
    working capital requirements.  This restructure and pre-
    funding will be at the sole discretion of AUS and will not
    require any action by MBT.

  * The completion of shareholder and ASX approval by Mission
Since the acquisition will result in a significant change to the
nature and scale of Missions activities, the acquisition will
require Mission shareholders approval under ASX listing rule 11.1.2
and is expected to also require Mission to re-comply with Chapters
1 and 2 of the ASX listing rules.

In the event that the transaction is not completed Mission may be
required to re-comply with ASX listing rules in any event.

                        Capital Raising

The cash component of the transaction will be funded by MBT
undertaking a capital raising of approximately $17m by way of an
issue of ordinary shares.  The Company will be appointing its lead
advisor and broker to the offering in due course.

It is anticipated as part of this transaction that MBT will
undertake a share consolidation on a ratio dependent on the final
capital raising terms, namely being the issuing price of new
shares.  Based on a 30 cent per share capital raising price the
consolidation ratio would be 3.065 existing shares for 1 new
share.

                       Shareholder Approval

The acquisition, capital raising and number of other items
concerning the transaction are subject to shareholder approval,
including approval for a significant change to the nature and scale
of Missions activities as per ASX Chapter 11.

A notice of general meeting containing further details of the
approvals being sought will be released to shareholders.

The board of directors of MBT is unanimous in its support of the
revised corporate strategy and the acquisition of the AUS business
operations and each director intends to vote in favour of the
resolutions contemplated in respects to their shareholding.

                      Indicative Timetable

While it is noted above that a series of material conditions
precedent to this transaction exist which need to be completed
prior to commencement of the formal process, an indicative
timetable for completion of the transaction described herein is as
follows:

Action                                              Date
------                                              ----
Completion of Conditions Precedent            31 December 2016
Notice of meeting dispatched to shareholders  20 February 2017
Prospectus lodged with ASIC / ASX             25 February 2017
Extraordinary general meeting of Shareholders 23 March 2017
Capital Raising Process                       March 2017
Completion of Transaction                     1 April 2017

Please note the above dates are indicative only and are subject to
change.  The Company's securities will continue to be suspended
from official quotation on the ASX on until such time that it fully
complies with ASX re-admission listing rules including
re-compliance with Chapter 1 &2 of the Listing rules.

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

                       https://is.gd/ZDNfic

                     About Mission NewEnergy

Mission NewEnergy Limited is an Australia-based renewable energy
company.  The Company operates a biodiesel plant in Malaysia.  The
Company's segments include Biodiesel Refining and Corporate.  The
Company owns an interest in a biodiesel refinery in Malaysia, which
has a nameplate capacity of approximately 250,000 tons per year.
The Company's subsidiaries include Mission Biofuels Sdn Bhd and M2
Capital Sdn Bhd.

Mission reported a net loss of A$2.33 million on A$41,960 of total
revenue for the fiscal year ended June 30, 2016, compared with net
income A$28.36 million on A$7.27 million of total revenue for the
fiscal year ended June 30, 2015.

At June 30, 2016, the Company had total assets of A$6.17 million,
total liabilities of A$1.40 million, all current, and A$4.76
million in total stockholders' equity.

BDO Audit (WA) Pty. Ltd. issued a "going concern" qualification on
the consolidated financial statements for the fiscal year ended
June 30, 2016, stating that the consolidated entity has suffered
recurring losses from operations that raises substantial doubt
about its ability to continue as a going concern.


MOBIVITY HOLDINGS: Hikes Authorized Common Stock to 100M Shares
---------------------------------------------------------------
Mobivity Holdings Corp. held a special meeting of stockholders on
Nov. 30, 2016, to approve an amendment to the Company's articles of
incorporation for purpose of increasing its authorized common stock
from 50 million shares to 100 million shares.  The Company's
stockholders approved the amendment.

On Dec. 1, 2016, the Company filed with the Nevada Secretary of
State an amendment to its articles of incorporation for purposes of
increasing its authorized common stock from 50 million shares to
100 million shares.

                   About Mobivity Holdings

Mobivity Holdings Corp. was incorporated as Ares Ventures
Corporation in Nevada in 2008.  On Nov. 2, 2010, the Company
acquired CommerceTel, Inc., which was wholly-owned by CommerceTel
Canada Corporation, in a reverse merger.  Pursuant to the Merger,
all of the issued and outstanding shares of CommerceTel, Inc.,
common stock were converted, at an exchange ratio of 0.7268-for-1,
into an aggregate of 10,000,000 shares of the Company's common
stock, and CommerceTel, Inc., became a wholly owned subsidiary of
the Company.  In connection with the Merger, the Company changed
its corporate name to CommerceTel Corporation on Oct. 5, 2010.
In connection with the Company's acquisition of assets from
Mobivity, LLC, the Company changed its corporate name to Mobivity
Holdings Corp. and its operating company to Mobivity, Inc, on
Aug. 23, 2012.

Mobivity reported a net loss of $6.13 million on $4.61 million of
revenues for the year ended Dec. 31, 2015, compared to a net loss
of $10.44 million on $4 million of revenues for the year ended Dec.
31, 2014.

As of Sept. 30, 2016, Mobivity Holdings had $7.70 million in total
assets, $2.95 million in total liabilities and $4.74 million in
total stockholders' equity.


NATIONAL SPORTS: DOJ Watchdog Seeks Ch. 11 Trustee Appointment
--------------------------------------------------------------
William K. Harrington, the United States Trustee for Region 2, asks
the U.S. Bankruptcy Court for the Northern District of New York to
enter an order directing the appointment of a Chapter 11 trustee
for National Sports Academy at Lake Placid.

The U.S. Trustee asserts that the appointment of a Chapter 11
trustee is appropriate as shown by the (1) Debtor's failure to
adequately oversee its own counsel; (2) Debtor's violation of the
Court's Order Directing the Debtor to File a Disclosure Statement
and Plan; and (3) the Debtor's counsel's inadequate record keeping
and reporting regarding the sales proceeds of  of 821 Mirror Lake
Drive.

           About National Sports Academy

National Sports Academy at Lake Placid filed a Chapter 11 petition
(Bankr. N.D. N.Y. Case No.: 15-10082) on January 17, 2015, and is
represented by Christopher James Baum, Esq., in New York, New
York.

At the time of filing, the Debtor had $1.81 million in total assets
and $1.86 million in total liabilities.

The petition was signed by Lisa Wint, head of school.


NEW CAL-NEVA: U.S. Trustee Adds George Stuart Yount to Committee
----------------------------------------------------------------
U.S. Trustee Tracy Hope Davis on Dec. 6, 2016, added George Stuart
Yount as member of the official committee of unsecured creditors of
New Cal-Neva Lodge, LLC.

The committee now consists of five members:

     (1) Mark Briggs
         The PENTA Building Group, LLC
         181 E Warm Springs Boulevard
         Las Vegas, NV 89119

     (2) Todd Perry
         Briggs Electric, Inc.
         14381 Franklin Avenue
         Tustin, CA 92780

     (3) Len Savage
         Savage & Son, Inc.
         3101 Yori Avenue
         Reno, NV 89502

     (4) B. Koehn
         Victory Woodworks, Inc.
         340 Kresge Lane
         Sparks, NV 89431

     (5) George Stuart Yount
         300 State Route 28
         Box 308
         Crystal Bay, NV 89402

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

                    About New Cal-Neva Lodge

New Cal-Neva Lodge, LLC, based in Saint Helena, CA, filed a Chapter
11 petition (Bankr. N.D. Cal. Case No. 16-10648) on July 28, 2016.
The Hon. Thomas E. Carlson presides over the case. Jane Kim, Esq.,
and Peter Benvenutti, Esq., at Keller & Benvenutti LLP, serve as
bankruptcy counsel.

In its petition, the Debtor estimated $50 million to $100 million
in assets and $10 million to $50 million in liabilities. The
petition was signed by Robert Radovan, president and secretary.

U.S. Trustee Tracy Hope Davis has appointed creditors to serve on
the official committee of unsecured creditors of New Cal-Neva
Lodge, LLC.  The Committee hired Pachulski Stang Ziehl & Jones LLP,
as legal counsel; Province, Inc., as financial advisor; Fennemore
Craig P.C. as Nevada counsel.


NEXTSTEP DEVELOPMENT: Patels Buying Hotel for $3 Million
--------------------------------------------------------
Nextstep Development, Inc., asks the U.S. Bankruptcy Court for the
Western District of Texas to authorize the bid procedures in
connection with the sale of substantially all assets to Paresh A.
Patel and Nima P. Patel for $3,050,000, subject to overbid.

Nextstep has determined that the best and most efficient exit
strategy for its successful emergence from Chapter 11 will likely
be through a sale of substantially all of its assets to a third
party.  It has moved expeditiously to initiate and implement a
process to identify and communicate with parties who might be
interested in acquiring the assets by employing Marcus & Millichap
as its real estate broker.

Marcus & Millichap has solicited all initial offers to be submitted
on Nov. 7, 2016.  At the Sale Procedures Hearing, the Debtor will
request the Court to set Dec. 8, 2016 as the deadline by which
interested parties must qualify to participate in the auction at
the Sale Hearing.  In the course of that sale process, several
parties have expressed interest in purchasing the assets of the
business under 11 U.S.C. Section 363.  Marcus & Millichap has
continued to have discussions with such interested parties and all
potential bidders are currently aware of the potential Dec. 8, 2016
deadline and an auction that will, subject to Court approval, occur
on Dec. 12, 2016.

The Patels, the proposed purchasers want to consummate the sale in
approximately 70 days from the date on which the Court approves the
sale.  Nextstep's sale and assignment to the Patels, subject to
higher bids, is for a purchase price of at least $3,050,0000 and on
an "as is, where is basis."  The sale of the assets of Nextstep and
assignment of leases and executory contracts is to be free and
clear of any and all liens, claims, interests and encumbrances.
Nextstep asks the Court to approve the sale of the assets to a
purchaser at the Sale Hearing, subject to Nextstep's right to
withdraw the Motion prior to said Sale Hearing.

Nextstep seeks the entry of an order following the conclusion of
the Sale Hearing authorizing Nextstep to sell the assets and assign
leases and executory contracts and to consummate such other related
and necessary transactions in connection therewith to the a
purchaser approved by the Court.

Nextstep also asks that any objections by non-debtor parties under
and leases or executory contracts to the assumption and assignment
be considered at the Sale Hearing.  In assuming the personal
property leases and executory contracts, Nextstep will cure
defaults and/or pay all amounts ("Cure Costs"), if any, as required
by Section 365(b) of the Bankruptcy Code and will provide adequate
assurance of future performance by the Purchaser to whom the
assigned leases and executory contracts are being assigned.

Nextstep asserts that no Cure Costs exist other than $45,231 owed
to Choice Hotels International.  The Debtor requests that, unless
an objection to the proposed Cure Costs is properly and timely
filed and served, the Court enter an order providing that: no Cure
Costs are outstanding.  If an objection to a particular Cure Cost
is timely filed and served, the Debtor asks that the Court
determine the disputed Cure Cost at the Sale Hearing.  

The Cure Costs ultimately determined by the Court will be paid at
Closing or as soon as practicable following the Closing on the sale
of the assets, or on such other date as will be determined by the
Court.

Nextstep expects to receive additional bids for the purchase of all
of the assets by the Bid Deadline.  In any event, prior to the
Auction Sale, Nextstep will identify the highest and best offer,
and such highest and best offer will be subject to overbid at the
auction.

Nextstep asks that Court approve these Bid Procedures at the
Procedures Hearing, so that competing offers for the assets will be
accepted only if they meet the requirements:

   a. Bid Deadline: Dec. 8, 2016

   b. Deposit: $25,000

   c. Competing Bid: Must be greater than the purchase price
contained in Patel's Agreement by at least $75,000;

   d. Auction: Dec. 12, 2016

   e. Minimum Incremental Bid: $25,000

A copy of the Bid Procedures and Patel's Agreement attached to the
Motion is available for free at:

       http://bankrupt.com/misc/Nextstep_Development_53_Sales.pdf

Nextstep proposes that the Patels be paid a "Breakup Fee" in an
amount equal to no more than $50,000.  The Breakup Fee would be
paid in the event of the closing of a sale of the assets to a party
other than Patels for such assets, concurrently with said closing.

Because of the need to close the transactions contemplated as
promptly as possible, Nextstep asks that the Court orders and
directs that the order approving the Motion will not be
automatically stayed for 14 days.

The Debtor:

         Nextstep Development Inc.
         12010 Lamar Bridge
         San Antonio, Texas
         Attention: Niraj Patel, President
         E-mail:neilpateltx@gmail.com

The Purchasers:

          Paresh A. Patel & Nima P. Patel
          1822 Washington Way
          Longview, WA 98632
          E-mail: Townchalet@netzero.net

The Purchasers are represented by:

          Robert Pazouki, Esq.
          PAZOUKI & ARAMBULA, LLP
          17115 San Pedro Ave., Suite 330
          San Antonio, TX 78232
          E-mail: rp@pazoukilaw.com

                    About Nextstep Development

Nextstep Development, Inc., owns the Econolodge Downtown South,
located in San Antonio, Bexar County, Texas.  Formerly known as
Quality Inn Downtown South, Econolodge is a pet-friendly discount
hotel located near the Alamo and Interstate 35.

Nextstep Development filed a chapter 11 petition (Bankr. W.D. Tex.
Case No. 16-52019) on Sept. 6, 2016.  The petition was signed by
Niraj Patel, director.

On Sept. 13, 2016, the Court entered an order authorizing joint
administration  of Nextstep proceeding and the case styled, In re:
Bandera Pointe Hospitality, LP.  Nextstep and Bandera are each
operating their respective businesses as a Debtor-in-possession
pursuant  to Sections 1107(a) and 1108 of the Bankruptcy Code.

Nextstep estimated assets and liabilities at $1 million to $10
million at the time of the filing.

Judge Craig A. Gargotta is the case judge.

Nextstep is represented by William B. Kingman, Esq., at the Law
Offices of William B. Kingman, PC.

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


NFP CORP: Moody's Affirms B3 CFR; Outlook Stable
------------------------------------------------
Moody's Investors Service has affirmed the B3 corporate family
rating and B3-PD probability of default rating of NFP Corp.
following the company's announced plans to refinance its existing
senior secured bank facilities.  NFP also announced that it has
entered into an agreement in which a fund affiliate of HPS
Investment Partners, LLC (HPS), will acquire a significant minority
investment in NFP.  Moody's has also assigned a B1 rating to NFP's
proposed senior secured bank facilities, and affirmed the Caa2
rating on its existing senior unsecured notes.  The rating outlook
for NFP is stable.

                         RATINGS RATIONALE

NFP's ratings reflect its expertise and solid market position in
insurance brokerage, particularly providing employee benefits and
property & casualty products and services to mid-sized firms.  NFP
is using proceeds from the June 2016 sale of Advisor Services
(rebranded Kestra Financial) to expand its remaining business
lines, which are diversified across products, clients and regions
primarily in the US.  These strengths are tempered by NFP's high
financial leverage and moderate interest coverage.  Moody's expects
NFP will continue to grow organically and through acquisitions, the
latter giving rise to integration and contingent risks.

Upon closing of the HPS transaction, Madison Dearborn Partners
(MDP), a private equity firm that took a controlling equity
ownership position in NFP in 2013, will maintain a controlling
stake in NFP, alongside NFP's management and employees.  The HPS
investment will be in the form of both common and preferred equity
and is expected to close in the first quarter of 2017.  NFP's
proposed refinancing will result in an increase of its term loan
debt and revolving credit facility and an extension of maturities.
The refinancing is expected to close in January 2017.

Moody's estimates that NFP's pro forma debt-to-EBITDA ratio will
remain in the range of 7.0x-7.5x, with (EBITDA -- capex) interest
coverage close to 2x and a free-cash-flow-to-debt ratio in the low
single digits following the refinancing and recapitalization. These
pro forma metrics reflect Moody's accounting adjustments for
operating leases, contingent earnout obligations, management buyout
costs, certain other non-recurring items and run-rate EBITDA from
acquisitions.

Factors that could lead to an upgrade of NFP's ratings include:

    (i) debt-to-EBITDA ratio below 6x,
   (ii) (EBITDA - capex) coverage of interest exceeding 2x,
  (iii) free-cash-flow-to-debt ratio exceeding 5%, and (iv)
        successful integration of acquisitions.

Factors that could lead to a rating downgrade include:

    (i) debt-to-EBITDA ratio above 7.5x,
   (ii) (EBITDA - capex) coverage of interest below 1.2x, or
  (iii) free-cash-flow-to-debt ratio below 2%.

Moody's has affirmed these ratings (with loss given default (LGD)
assessments):

  Corporate family rating B3;

  Probability of default rating B3-PD;

  $575 million senior unsecured notes maturing in July 2021, rated

   Caa2 (LGD5).

Moody's has assigned these ratings:

  $150 million five-year senior secured revolving credit facility,

   rated B1 (LGD3);

  $1.125 billion seven-year senior secured term loan, rated B1
   (LGD3).

Moody's will withdraw the B1 rating from NFP's existing $135
million senior secured revolving credit facility and $1.1 billion
senior secured term loan upon closing of the refinancing, since
these facilities will be repaid and terminated.

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

Based in New York City, NFP is an insurance broker and consultant
that provides employee benefits, property & casualty, retirement,
and individual insurance and wealth management solutions to middle
market companies, high net worth individuals and independent
financial advisors.  The company generated revenue of $1.4 billion
for the 12 months through September 2016.



NORTH FORK COMPOSITES: CV Buying Assets for $270K
-------------------------------------------------
Judge Brian D. Lynch of the U.S. Bankruptcy Court for the Western
District of Washington will convene a hearing on Dec. 12, 2016 at
10:00 a.m. to consider North Fork Composites, LLC's marketing plan
and bidding procedures in connection with the sale of assets to
Composite Ventures, LLC ("CV") for approximately $270,000, subject
to overbid.

The objection deadline is Dec. 9, 2016 at 12:00 p.m. (PPT).

The assets include all of the Debtor's (a) inventories, including
work in process and finished goods; (b) machinery and equipment;
(c) office furniture and equipment: (d) intangible assets,
including intellectual property, data and records related to the
business, customer and supplier lists, marketing plans, financial
and technical information, trade secrets, knowhow, ideas, designs,
drawings, specifications, techniques, programs, systems, processes,
and computer software, goodwill, trade names, Internet domain
names, telephone numbers, fax numbers, e-mail addresses, and other
similar items, together with associated listings and registrations,
including without limitation the trade names "North Fork
Composites" and "Edge Rods"; (e) business supplies, together with
the equipment and certain tangible personal property; and (f)
Client's 100% membership interest in Edge Rods, LLC, a Washington
limited liability company equipment, inventory, raw materials,
supplies, and general intangibles, and its 100% membership interest
in Edge Rods, but excluding the Debtor's cash and accounts
receivable.

Columbia Bank holds a perfected security interest in inventory,
equipment, accounts, and general intangibles, which includes all of
the items to be sold.  As of the Petition Date, the Debtor owed
approximately $57,000 to the Bank.  The Debtor proposes to pay the
balance owing to the Bank out of the net sales proceeds.  The
Debtor has requested that the Bank consent to the sale and
anticipates that it will do so prior to the sale hearing.

The Debtor filed the Chapter 11 case in the face of mounting
litigation expenses in a lawsuit entitled North Fork Composites LLC
v. Jon Bial, et al pending in Clark County Superior Court, in which
the Debtor and Bial were both claiming breach of Bial's employment
relationship with the Debtor.  

Bial was the former general counsel and general manager of the
Debtor.  Upon filing the bankruptcy case, the Debtor removed the
Bial lawsuit to the Court.  Bial filed a motion to remand the
lawsuit to state court and for relief from stay to allow the
lawsuit to proceed.  The Court denied both motions at a hearing on
Nov. 22, 2014.

The Debtor's current revenues total approximately $100,000 per
month and its expenses approximately $90,000-$100,000 per month,
not including litigation expenses associated with the Bial lawsuit,
or the administrative expenses of this Chapter 11 case.  In
addition to the Bank debt of approximately $57,000, the Debtor owes
its unsecured creditors, not including Bial, approximately
$1,608,181 in undisputed debts.

The Debtor has received an offer from CV for the assets.  The
Debtor and CV entered into a Purchase Agreement.

The salient terms of the Purchase Agreement are:

   a. Assets to be Sold: Assets

   b. Purchase Price: $100,000 plus assumption and payment of all
pre-petition trade debt totaling approximately $143,746 and all
warranty claims.

   c. Sale to Insider: CV is an LLC formed by certain of the
Debtor's members, managers, and employees, all of whom hold
prepetition and postpetition claims against the Debtor for wages,
consulting fees, employee benefits, rent, and/or loans to the
Debtor, for which approximately $1,600,000 remains unpaid.

   d. Agreements with Insiders or Management: Upon closing, all of
the Debtor's employees will become at-will employees of CV, and the
Debtor's members, managers, and officers will be involved in the
operation of CV as members, managers, officers, employees, and/or
consultants.

   e. Sale Free & Clear: The sale will be free and clear of liens,
claims, and interests.

   f. Leases: The Debtor will reject its real property lease with
Gary and Susan Loomis effective upon closing of the sale and CV
will negotiate an arrangement with the Loomises for occupation of
the property following closing or removal of the assets from the
premises.

   g. Good Faith Deposit: $25,000

   h. Use of Proceeds: The sales proceeds attributable to the
Debtor's assets will be used to pay the Debtor's obligations in
following order of priority: (1) the Debtor's sales costs and other
closing expenses, (2) Columbia Bank's secured claim, (3) the US
Trustee's fees, and the Debtor's professional fees and expenses as
approved by the Court not to exceed the Carve-Out, (4) repayment of
the debtor-in-possession financing provided by CV, and (5) the
remainder, if any, to pay remaining administrative expense claims
and creditors in the order of priority under the Bankruptcy Code.

   i. Credit Bid: As per the Bid Procedures, in general, creditors
holding undisputed allowed secured claims on the Assets may credit
bid.  CV will be entitled to credit bid the amount of any DIP
financing it provides to the Debtor.

   j. Relief from Bankruptcy Rule 6004(h): The Debtor will request
relief from the 14-day stay imposed by Bankruptcy Rules 6004(h) so
that Closing may proceed with all due haste because of the Debtor's
mounting administrative expenses and expiration of Columbia Bank's
agreed use of cash collateral and the CV DIP financing, and the
requirements of the APA.

In order to provide the Debtor with sufficient funds to pay
operational and other administrative expenses, including the
Debtor's professional fees, CV has agreed to provide the Debtor
with up to $50,000 in post-petition financing, which CV will be
entitled to credit bid for the assets.

CV is unwilling to pay the amounts offered in the APA for the
assets, including assumption of 100% of the Debtor's trade debt and
its warranty obligations, unless the Debtor continues to operate in
the ordinary course of business pending the closing of a sale to
CV.  Any purchaser of the assets will be solely responsible for the
cost and expense of removing the assets from their current
location, which will likely require the removal and replacement of
at least two sides of the building in which the assets are located
at a cost of approximately $30,000.

In order to ensure that the sale process is fair, that the proposed
sale has been adequately exposed to the market, and that CV is
paying the highest and best price for the assets, the Debtor
intends to retain Scout & Spur Group in Westminster, Colorado, to
market the assets for sale directly to persons and entities in the
fishing industry that would be most likely to make an offer for the
Assets.  

The proposed engagement agreement with Scout & Spur, including
Scout & Spur's proposed "Marketing Plan."  Once its employment is
approved, Scout & Spur intends to market the assets by directly
contacting approximately 100 fishing rod companies and individuals
that may be interested in purchasing the assets, which process is
expected to occur over the next approximately 45 days.  A hearing
on approval of the sale is expected to occur on Jan. 31, 2017.

The Bid Procedures include provisions governing qualification of
bidders and bids, including demonstration of the financial
wherewithal to consummate a sale, agreeing to confidentiality of
certain information regarding the assets and valuations thereof,
submission of the competing bids together with a fully executed
asset purchase agreement, and deposit of $35,000 by the Bid
Deadline of Jan. 26, 2016.  A Qualified Bid must be at least
$20,000 more than the Stalking Horse Bid.

Potential bidders may inspect the assets and review other
information reasonably necessary to conduct due diligence upon
execution of a confidentiality agreement and due diligence must be
conducted prior to the Bid Deadline.  The Bid Procedures allows the
Debtor to reschedule the Auction, if needed, on notice to
participants as described therein, and also allows the Debtor to
identify an Alternative Backup Bidder who may purchase the Assets
in the event the Successful Bidder is unable to close for any
reason.

The proposed sale of the assets is independent of any Plan of
Reorganization or Liquidation to be proposed by the Debtor, or any
creditor.  CV has not agreed to pay, guarantee, or assume any of
Debtor's obligations or payments under any proposed Plan of
Reorganization or Liquidation and the
Debtor does not propose that such requirement be a condition of any
Qualified Bid seeking to purchase the assets.

A copy of the Purchase Agreement, Bidding Procedures and Marketing
Plan attached to the Motion is available for free at:

              http://bankrupt.com/misc/North_Fork_63_Sales.pdf

The Debtor asks the Court to establishing these dates and
deadlines, subject to modification as needed, relating to
competitive bidding and approval of the sale of the assets:

   a. Initial Bid and Deposit Deadline: Jan. 26, 2017 by 4:00 p.m.
(PCT)

   b. Auction Date: Jan. 30, 2017 at 10:00 a.m. (PPT)

   c. Deadline for Filing Objections to the Sale: Jan. 24, 2017

   d. Sale Hearing: Jan. 31, 2017 at 10:00 a.m. (PCT)

The proposed sale to CV or another Successful Bidder will result in
Columbia Bank's secured claim being paid in full, all trade
creditors receiving payment in full along with the ability to do
further business with the Purchaser, and the remaining cash
proceeds being available for payment of any unpaid administrative
expenses and unsecured claims.  Accordingly, the Debtor asks the
Court to approve the relief requested.

The Purchaser:

          COMPOSITE VENTURES, LLC
          16231 2nd Dr SE
          Bothell, WA 98012

The Purchaser is represented by:

          Stephen Horenstein, Esq.
          HORENSTEIN LAW GROUP PLLC
          500 Broadway, Suite 120
          Vancouver, WA 98660
          E-mail: steve@horensteinlawgroup.com

               About North Fork Composites

North Fork Composites LLC, a/k/a Edge Rods LLC, filed a Chapter 11
petition (Bankr. W.D. Wash. Case No. 16-44188) on Oct. 7, 2016.
The petition was signed by Alex Maslov, manager.  The Debtor is
represented by Thomas W. Stilley, Esq., at Sussman Shank LLP.  At
the time of filing, the Debtor estimated assets at $100,000 to
$500,000 and liabilities at $1 million to $10 million.


OAK CREEK: Proposes GW Property-Led Auction on Jan. 31
------------------------------------------------------
Oak Creek Plaza, L.L.C., asks the U.S. Bankruptcy Court for the
Northern District of Illinois to authorize the bidding procedures
in connection with the sale of substantially all assets, including
the real estate commonly known as 8-120 Oak Creek Plaza, Mundelein,
Illinois, and all buildings and personal property on the real
estate, at a public auction to be held on Jan. 31, 2017.

Although the assets are subject to the properly-perfected, first
priority lien of Thrivent Financial for Lutherans, which retains
the right to credit bid at the Asset Sale, the Debtor desires to
subject the assets to the marketplace in the hope that advertising
and robust bidding may generate a purchase offer exceeding any
credit bid which the Bank may elect to submit.

The Debtor's proposed Bidding Procedures are designed to achieve
this result, while also providing reasonable and appropriate
protections to Thrivent.  It should be noted that that GW Property
Group, LLC has submitted a "Stalking Horse" bid for $2,500,000.

The salient terms of the Bidding Procedures are:

     a. Auction: Jan. 31, 2017, commencing at 9:30 a.m. (CST) at
the offices of Bach Law Offices, 555 Skokie, Blvd., Suite 250,
Northbrook, Illinois.

     b. Bid Deadline: Jan. 25, 2017

     c. Selection of Auctioneer: Dec. 15, 2016

     d. Deadline of Objections to Selection of Auctioneer: Dec. 23,
2016

     e. Deposit: $200,000

     f. Minimum Bid Amount: The minimum bid is the amount of the
price offered by GW Property.

     g. Credit Bidding: Thrivent will have the right, but not the
obligation, to credit bid up to $9,675,934 ("Thrivent Secured
Claim") and will be deemed to have submitted a Qualified Bid.

     h. Minimum Bidding Increments: $20,000

     i. Sale Approval Hearing: Feb. 28, 2017

     j. Closing of Sale: March 15, 2017

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

          http://bankrupt.com/misc/BCDG_LP_45_Sales.pdf

It is beneficial to have the Motion heard as quickly as possible so
that an Auction can be scheduled for on or before Jan. 31, 2017.
This allows the Auction to occur and be approved in accordance with
the schedule set forth in the Plan and pursuant to the Court's
prior orders.  At the same time as when the Court schedules the
Sale Hearing and Auction, the Debtor asks that the Court set an
objection deadline that allows the Debtor to review and
appropriately respond to any sale objections.

Rule 2002(a)(2) of the Federal Rules of Bankruptcy Procedure
ordinarily requires 20 days notice to all creditors of a proposed
use of property of the estate other than in the ordinary course of
business, unless the court for cause shown shortens such time.
Cause exists in light of the Debtor's financial condition and the
urgent need to sell the assets prior to the end of January 2017.
The Debtor's Motion should be heard as expeditiously as possible in
order to provide maximum notice of the Auction and Sale Hearing.

The Debtor asks the Court to approve the Bidding Procedures for the
sale of assets.

                      About Oak Creek Plaza

Oak Creek Plaza, L.L.C. filed a chapter 11 petition (Bankr. N.D.
Ill. Case No. 16-16324) on May 13, 2016.  The petition was signed
by Ronald L. Boorstein, managing partner.  The Debtor is
represented by Paul M. Bach, Esq., at Bach Law Offices.  The case
is assigned to Judge Jacqueline P. Cox.  The Debtor estimated
assets and liabilities at $1 million to $10 million at the time of
the filing.


OSCAR LOPEZ: Dec. 19 Plan Confirmation Hearing
----------------------------------------------
Judge Daniel P. Collins of the U.S. Bankruptcy Court for the
District of Arizona approved the disclosure statement filed by
Oscar C. Lopez, Sr., and Maria Elena Lopez in relation to their
proposed plan of reorganization.

The hearing to consider confirmation of the plan will be held on
Dec. 19, 2016 at 10:00 a.m.

The last day for filing with the Court written acceptances or
rejections of the plan is 5 days prior to the hearing date set for
the confirmation of the plan.

The last day for filing and serving written objections to
confirmation of the plan is fixed at 5 business days prior the
hearing date set for the confirmation of the plan.

The written report by proponent is to be filed 3 business days
prior to the hearing data set for confirmation of the plan.

The Debtors will retain control of their assets and use their
income to make the payments set forth in the Plan, and any funds
remaining in the Plan Fund will be turned over to the Debtors upon
payment of all allowed claims in full or to the duly appointed and
acting Chapter 7 Trustee, if the Debtors' case is converted to a
case under Chapter 7.

The Debtors classified these Creditors to have allowed unsecured
claims against them for a total amount of $161,737.75:

   Ally Capital                           $ 8,654.65
   Chase Bank                              $ Unknown
   Chase Card Services                    $16,221.00
   Mercedes-Benz Financial Services USA   $ 1,964.14
   Service Partners, LLC                  $46,580.56
   Synchrony Bank/Suzuki                  $ 1,224.00
   Wells Fargo Business Direct Division   $87,093.40
                              TOTAL      $161,737.75

The Debtors will fund the Plan primarily by their
post-confirmation
excess income in the amount of $1,552 per month.  The Debtors
propose to make quarterly payments to the general unsecured
creditors, on a pro-rata basis, from their monthly excess income.
The Debtors estimate that they will make quarterly distributions
of
around $654 and that the total amount of distributions to the
unsecured claimants will be approximately $11,080.

A full-text copy of the Amended Disclosure Statement dated
September 9, 2016 is available http://tinyurl.com/gr3ldtu

          About the Lopezes

Oscar C. Lopez, Sr. and Maria Elena Lopez filed a Chapter 11
petition (Bankr. D. Ariz. Case No. 16-05277), on May 11, 2016.
The
Debtor's counsel is M. Preston Gardner, Esq. --
pgardner@davismiles.com -- at DAVIS MILES MCGUIRE GARDNER PLLC.


PACIFIC PROCESS: Tiger Liquidity to Auction Assets on Dec. 14
-------------------------------------------------------------
Tiger Liquidity Services Energy Partners (TLSEP), a strategic
alliance between Tiger Group and Liquidity Services, Inc., under
the direction of court appointed receiver Stapleton Inc., is
conducting a major auction of all operational equipment of Pacific
Process Systems.  The assets are located in strategic basins in
Bakersfield, CA; Amity, PA; and Odessa, TX that support client
operations.

The sale is the latest project for the alliance between Tiger Group
and Liquidity Services, which was formed in January 2016 to help
insolvency and turnaround professionals ramp up their services to
the turbulent oil and gas market, and to directly assist companies
seeking to sell surplus assets.

Pacific Process Systems is continuing to serve a number of clients
in California and Pennsylvania, providing well testing, wireline
and production services.  These client contracts, along with a
related selection of equipment, remain available for a negotiated
sale to qualified companies prior to the auction.

Online bidding for all other company assets will commence Dec. 7,
2016, at http://www.networkintl.com/, Liquidity Services'
marketplace for idle and used energy equipment in the oil and gas
industry, and http://www.SoldTiger.com/  
The auction will close in rapid succession, live auction style, at
a two-day closing on Dec. 14 and 15, beginning at 8:00 a.m. CT each
day.  Previews of the assets will be held by appointment only in
three locations: 7401 Rosedale Highway in Bakersfield, CA; 195
Hatfield Road in Amity, PA; and 1801 E. Pearl Street in Odessa,
TX.

Well production, test and measurement equipment assets currently
available for sale include two and three-phase separators (up to
1,440 psi); scrubber, flares, line heaters up to 1.7 million Btu;
SID mount pressure tanks, and a fleet of wireline trucks and tools.
A large quantity of pipes, fittings, joints, valves and flanges in
assorted lengths, diameters and pressures up to 15,000 psi are also
available to support field fit-up of equipment.

Rolling stock for sale includes quarter, half and one-ton pickup
trucks and service vehicles (gas and diesel), some as new as of
2014.  Gooseneck, equipment, cargo and other trailers are also
available.

"This asset sale represents a unique opportunity for well
production and exploration testing companies to buy a turnkey
operating business, or a fleet of vessels and equipment to support
their operations at attractive prices," said Brooks Graul, vice
president of business development for Liquidity Services.  "Many of
these assets are currently maintained and in rotation serving
clients in California and Pennsylvania.  Companies can purchase a
revenue stream by taking over contracts, or they can put these
assets into operation for their own domestic or international
clients."

Andy Babcock, Tiger's director of transitional services, noted that
the contracts and assets have already attracted offers from service
companies in North America that want to add these assets or turnkey
operations to their business line.  "There is an appetite from
multiple parties who want the turnkey operation in these regions,
or individual pieces of equipment," he said.  "We are assisting
parties with due diligence and working through early negotiations,
but encourage any interested party to get in touch and take
advantage of this opportunity."

For a full catalog of the items offered, go to:
http://www.SoldTiger.com/

To learn more about the assets and the bidding process, register at
http://www.networkintl.com/

Offers, inquiries or inspection requests can be submitted by e-mail
to Brooks Graul at brooks.graul@liquidityservices.com


PARAGON OFFSHORE: Bondholders, Lenders Ditch Plan Support Deal
--------------------------------------------------------------
Paragon Offshore plc disclosed in a regulatory filing that the
group of noteholders and the revolver lenders that have given their
support to the Company's restructuring efforts, issued a notice of
the termination of the parties' Plan Support Agreement, effective
December 2, 2016, as a result of, among other things, the lapse of
the outside milestone date required under the PSA for confirmation
of the Debtors' Amended Plan.

The Company is in discussions with the Noteholders, Revolver
Lenders and lenders under the Company's Senior Secured Term Loan
Agreement concerning a new or amended plan of reorganization.

On February 12, 2016, Paragon and certain of its subsidiaries
entered into the PSA with respect to the terms of a chapter 11 plan
of reorganization with holders of its 6.75% senior unsecured notes
maturing July 2022 and 7.25% senior unsecured notes maturing August
2024 together with lenders under the Company's Senior Secured
Revolving Credit Agreement.  

In connection with the Bankruptcy Cases, on August 5, 2016, the
Company filed an amended and restated plan of reorganization.  On
November 15, the Bankruptcy Court entered an order denying
confirmation of the Amended Plan.  

                    About Paragon Offshore

Paragon Offshore plc -- http://www.paragonoffshore.com/-- is a
global provider of offshore drilling rigs.  Paragon's operated
fleet includes 34 jackups, including two high specification heavy
duty/harsh environment jackups, and six floaters (four drillships
and two semisubmersibles).  Paragon's primary business is
contracting its rigs, related equipment and work crews to conduct
oil and gas drilling and workover operations for its exploration
and production customers on a dayrate basis around the world.
Paragon's principal executive offices are located in Houston,
Texas.  Paragon is a public limited company registered in England
and Wales and its ordinary shares have been trading on the
over-the-counter markets under the trading symbol "PGNPF" since
December 18, 2015.

Paragon Offshore Plc, et al., filed Chapter 11 bankruptcy
Petitions (Bankr. D. Del. Case Nos. 16-10385 to 16-10410) on Feb.
14, 2016, after reaching a deal with lenders on a reorganization
plan that would eliminate $1.1 billion in debt.

The petitions were signed by Randall D. Stilley as authorized
representative.  Judge Christopher S. Sontchi is assigned to the
cases.

The Debtors reported total assets of $2.47 billion and total debt
of $2.96 billion as of Sept. 30, 2015.

The Debtors engaged Weil, Gotshal & Manges LLP as general counsel,
Richards, Layton & Finger, P.A. as local counsel, Lazard Freres &
Co. LLC as financial advisor, Alixpartners, LLP as restructuring
advisor, and Kurtzman Carson Consultants as claims and noticing
agent.


PARSLEY ENERGY: Moody's Assigns B3 Rating on New $600MM Notes
-------------------------------------------------------------
Moody's Investors Service assigned a B3 (LGD4) rating to Parsley
Energy LLC's proposed $600 million senior unsecured notes due 2025.
The proposed notes will be issued concurrently with the tender for
the company's $550 million 7.5% senior unsecured notes due 2022.
Parsley's B2 Corporate Family Rating, stable outlook, and all other
ratings are unchanged.

"Parsley's refinancing of its existing notes is a credit positive
as it will extend its maturity profile," said Arvinder Saluja,
Moody's Vice President- Senior Analyst.  "In addition, Parsley's
production is expected to continue growing in 2017."

                         RATINGS RATIONALE

The proposed notes rank pari passu with the existing unsecured
notes and therefore have the same B3 rating.  Parsley's notes are
rated one notch below the B2 CFR because of the significant size of
its secured credit facility, according to Moody's Loss Given
Default Methodology.  The commitment on the revolver is $600
million, and the borrowing base on it is $900 million.

Parsley's B2 CFR reflects the company's strong execution on its
growth capital spending, rising EBITDA despite the fall in
commodity prices, and improving credit metrics which have been
helped by equity issuances.  The B2 rating also reflects its
relatively modest scale and concentrated geographic presence.  The
rating incorporates the impact of the low crude oil price
environment, which is mitigated somewhat by Parsley's hedges for
2017.  The CFR is supported by quality acreage in the Permian
Basin, liquids-rich production that generates good cash margins,
multiple year drilling inventory, and a high degree (99%) of
operational control over its leasehold acreage, which allows for
flexible capital allocation and development of its acreage in light
of crude price volatility.

Parsley should have adequate liquidity as reflected in its SGL-3
rating.  Even in a continued low price environment, the company's
liquidity should be sufficient to cover its capex through 2017.

Parsley's stable rating outlook reflects our expectation that
production will continue improving and cash flow metrics will
remain strong.

The rating could be upgraded if the company's annual average daily
production were to reach 40,000 boe/d, retained cash flow to debt
is likely to remain above 20%, and the company approaches cash flow
neutrality after considering capital expenditures.

The rating could be downgraded if retained cash flow to debt falls
below 10%, EBITDA to Interest Expense falls below 2.5x, or
liquidity worsens.

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

Parsley Energy, LLC is an oil and gas exploration and production
(E&P) company with all of its properties located in the Midland and
Delaware Basins in west Texas.



PARSLEY ENERGY: S&P Raises CCR to 'B+' on Increased Production
--------------------------------------------------------------
S&P Global Ratings said that it raised its corporate credit rating
on Parsley Energy LLC to 'B+' from 'B'.  The rating outlook is
stable.

At the same time, S&P revised its recovery rating on the company's
unsecured debt to '3' from '5' and raised the issue-level rating to
'B+' from 'B-'.  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 default.

S&P also assigned its 'B+' issue-level rating and '3' recovery
rating to Parsley's proposed $600 million senior unsecured debt
issuance.  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 default.  The company will use the debt proceeds
to fund the tender offer for its existing 7.5% senior notes due
2022.

"The upgrade reflects our view of Parsley's improving business risk
profile due to significant growth in its production and proved
reserves," said S&P Global Ratings' credit analyst Michael Tsai.
Despite weak oil prices, the company has maintained its drilling
program--running four rigs for the bulk of 2016--without
significantly impacting financial measures.  The company's
third-quarter production averaged about 43 thousand barrels of oil
equivalent (mboe) per day, up from about 22 mboe per day in 2015.

"The stable outlook reflects our expectation that Parsley's cash
balances, operating cash flow, and availability under its RBL
facility will be sufficient to fund planned capital spending and
increase its production and reserves through 2017, while
maintaining FFO to debt of about 40% in 2017," said Mr. Tsai.

S&P could lower the corporate credit rating if Parsley's growth
strategy doesn't proceed as expected, and its core ratios
substantially weaken such that S&P expects average FFO to debt to
decline to and remain below 12%.  This scenario would likely occur
due to lower-than-expected production growth combined with higher
operating costs and a return to crude oil prices sustained below
$40 per barrel.  In addition, S&P could lower the rating if it
believes the company will be unable to maintain adequate
liquidity.

S&P could raise the rating if Parsley is able to increase its
reserves and production to a level commensurate with 'BB-' rated
oil and gas exploration and production (E&P) companies.  For an
upgrade to occur, S&P would also expect the company to sustain FFO
to debt above 20% and its liquidity to remain adequate or better.



PHARMACOGENETICS DIAGNOSTIC: Can Use SYBTC Cash Until Jan. 16
-------------------------------------------------------------
The U.S. Bankruptcy Court of the Western District of Kentucky
authorized Pharmacogenetics Diagnostic Laboratory, LLC to use the
cash collateral Stock Yards Bank & Trust Company until January 16,
2016.

Stock Yards Bank & Trust Company is granted adequate protection
consisting of:

     (1) A continued security interest in and to all prepetition
accounts receivable of the Debtor.

     (2) A first priority security interest to the same extent,
validity, and priority as its prepetition security interest in and
to all post-petition accounts receivable of the Debtor in
possession and proceeds thereof, which shall be senior to any liens
granted to Dr. Roland Valdes to secure debtor in possession
financing, and which shall be deemed to be effective, valid,
perfected and enforceable without the necessity of taking any other
act or filing or recording any security agreements, financing
statements or other instruments or documents.

     (3) A first priority security interest to the same extent,
validity, and priority as its prepetition interest in the inventory
of the Debtor and the Debtor in possession and the proceeds
thereof, which shall be senior to any liens granted to Dr. Roland
Valdes to secure debtor in possession financing, and which shall be
deemed to be effective, valid, perfected and enforceable without
the necessity of taking any other act or filing or recording any
security agreements, financing statements or other instruments or
documents.

The Debtor is further directed to maintain adequate insurance on
its assets including general liability coverage naming Stock Yards
Bank as a lender’s loss payee.

Stock Yards Bank's consent to the Debtor's use of cash collateral
will terminate:

     (1) Upon five business days’ written notice to the Debtor,
in the event that the Debtor shall fail to make any payment to
Stock Yards Bank;

     (2) Upon seven business days’ written notice to the Debtor,
in the event that the Debtor breaches any non-payment term,
condition or covenant set forth in the Court's Order; or

     (3) Upon the entry of a final order dismissing the Chapter 11
case, appointing a trustee in this Chapter 11 case, converting the
case to a case under Chapter 7 of the Bankruptcy Code or transfer
of venue of the case to another district.

Stock Yards Bank is also granted an administrative expense claim,
with priority over any and all other administrative expenses, other
than fees payable to the U.S. Trustee and counsel for the Debtor,
Proposed Accountant, and any Official Creditors' Committee, in an
amount not to exceed $50,000, in the event that the adequate
protection granted to Stock Yards Bank fails to protect its
interests in the ash collateral and the post-petition collateral.

A full-text copy of the Agreed Order, dated Dec. 2, 2016, is
available at
http://bankrupt.com/misc/PharmacogeneticsDiagnostic2016_1633404thf_46.pdf

           About Pharmacogenetics Diagnostic Laboratory

Pharmacogenetics Diagnostic Laboratory, LLC, d/b/a PGXL
Laboratories d/b/a PGX Laboratories, filed a Chapter 11 petition
(Bankr. W.D. Ky. Case No. 16-33404) on Nov. 8, 2016.  The petition
was signed by Dr. Roland Valdes, Jr., president/CEO.

The case is assigned to Judge Thomas H. Fulton. The Debtor is
represented by Charity Bird Neukomm, Esq., at Kaplan & Partners
LLP.

The Debtor estimated assets at $500,000 to $1 million and
liabilities at $10 million to $50 million at the time of the
filing.


PICO HOLDINGS: Corporate Governance Changes to Benefit Owners
-------------------------------------------------------------
PICO Holdings, Inc. (Nasdaq:PICO), based in La Jolla, Calif., is a
diversified holding company reporting recurring losses since 2008.
PICO owns 57% of UCP, Inc. (NYSE:UCP), 100% of Vidler Water
Company, Inc., a securities portfolio and various interests in
small businesses. PICO has $662 million in assets and $426 million
in shareholder equity. Central Square Management LLC and River Road
Asset Management LLC collectively own more than 11% of PICO. Other
activists at http://ReformPICONow.com/(RPN) have taken to the
Internet to advance the shareholder cause.

On December 1 and 2, 2016, PICO and its homebuilder subsidiary,
UCP, announced a flurry of changes. The bloggers make clear that
they are pleased.  "PICO shareholders put your hands together!
After a year of struggle and battle, shareholder-oriented Directors
Daniel Silvers, Andrew Cates and Eric Speron have finally laid the
Boardroom foundation for value creation at PICO.

The day's most dramatic news was the forced non-renomination of
non-elected Chairman Raymond 'Delaymond' Marino and Hapless Howie
Brownstein from the PICO Board. These gentlemen, both of whom we
view as enemies of shareholders, will not stand for reelection at
the 2017 Annual Meeting. Delaymond resigned his Chairmanship,
effective immediately, and was replaced by PICO CEO Max Webb.

This result was not voluntary. Messrs. Silvers, Cates and Speron
recognized the abuse suffered by shareholders at the hands of these
men and took action. We salute these three Directors for their bold
and decisive stroke in the name of good corporate governance."

The bloggers are not as happy that Mr. Webb will be both CEO and
Chairman. "PICO will hold a non-binding advisory vote on this
matter at the 2017 Annual Meeting. For two reasons, RPN will vote
against the combined CEO/Chairman role. First, unless the CEO has
exceptional competency and integrity, we feel it is poor corporate
governance. Second, we don't feel Mr. Webb is Chairman material.
The successive conspiratorial ascensions leave us queasy. That he
worked almost 2 decades at the side of the corrupt and incompetent
Juicer gives us pause. As a UCP Director, Mr. Webb participated in
that Board's surreptitious removal of the Officer Stock Ownership
Guidelines from the proxy statement, with no notice or explanation
to shareholders; this is not a 'Chairmanly' act.

So far, Mr. Webb is proving a fine CEO. But we will be voting
against his continuation as Chairman. Although the vote is
'nonbinding,' we will ask the PICO Board to honor the shareholder
voice."

The bloggers are enthused about the forced departure of Raymond
Marino. "On a net basis, Delaymond's tenure was decidedly negative
for owners. While much positive change was implemented under his
watch, that change was the equivalent of tripping a coiled spring.
Despite the wholesale improvements in governance, they neither
individually nor collectively make up for $11 million, or almost
$.50 per share, in lost value that we directly peg to Delaymond."

"They believe that the removal of Mr. Brownstein will be positive
for shareholders. "Hapless Howie Brownstein will finally create
value for PICO owners: he will leave. RPN views Mr. Brownstein as
an unadulterated enemy of owners. The origins of his appointment to
the Board were unknown and we believe, likely sprung from Juicer.
As a member of the Corporate Governance and Nominating Committee,
he participated in the soft Board Declassification. As Audit
Committee Chair, Hapless Howie is directly responsible for the
inaction on PICOGate that cost us $11 million."

Keeping their sense of humor, the bloggers compare their homepage
to another famous publication. "Legend has it that once an athlete
or team appears on the cover of Sports Illustrated, they are jinxed
and can expect imminent bad luck. We ask readers to consider the
fates of the individuals who have graced the 'cover' of RPN:

    Eric Speron
    Kristina Leslie
    John Hart
    Howard Brownstein
    Raymond Marino

Four out of the 5 are gone or will be gone. We don't know if there
is correlation, but we like the results."

The bloggers detail PICO's Board Declassification. "The Central
Square Settlement Agreement has been ripped up, Class I and Class
II Directors tendered their resignations to effectuate their
reelection in 2017 and the Annual Meeting has been scheduled for a
more normal May 4, 2017 in Reno, Nevada. PICO will pay Central
Square $25,000 for its related expenses. We salute both Kelly
Cardwell at Central Square and the PICO Directors who negotiated
this arrangement."

The bloggers like the idea of Daniel Silvers as Lead Independent
Director. "As a temporary check and balance on Mr. Webb's combined
CEO/Chairman role, Mr. Silvers was named Lead Independent Director.
This will give Mr. Silvers a little bit of extra say in the
Boardroom. It also makes the charge do or die for his reputation.
Mr. Silvers is a young man with an impressive resume and a bright
future. Up until now, his efforts have been hidden from view by the
larger number of Directors, Delaymond's obsession with control and
the lack of high-profile action to his Board assignments.

That has all changed. Mr. Silvers' near and intermediate-term
reputation will flourish or flounder with the results he produces
at PICO."

PICO shareholders rejoice at the second asset sale. "PICO announced
that Vidler has agreed to sell 50,000 Long Term Storage Credits in
Arizona for $12.5 million, or $250 per credit. The transaction must
be approved by the Arizona Water Bank Authority at a meeting on
December 7, 2016. Assuming approval, PICO should get its dead
presidents in Q1, 2017.

An observer of PICO notes that Vidler still owns 107,000 more
Arizona Storage Credits. If sold for an identical $250 per credit,
gross proceeds will be $26.75 million."

The bloggers have a few suggestions for the new PICO Board. "First
and most important, the new Board should reopen the PICOGate
investigation as it relates to Juicer -- for real this time. The
Board should also open an independent inquiry into the Red Hawk
Transaction. PICO has not written Juicer the $11 million check.
Both issues can be resurrected and if an independent investigation
turns up sufficient evidence to fire Juicer for cause, shareholders
will save $11 million.

"Second, we do not like lame duck directors. Delaymond and Hapless
Howie should resign and assume a consultant role, to be paid an
amount equal to their director compensation. This will streamline
decision-making at a Board that appears to agree on value creation
measures. It will also obviate future decision bottlenecks and the
potential for Boardroom mischief.

"Third, PICO should prepare to go activist at UCP. We stop short of
calling the UCP Board 'corrupt,' but not by much. We have
documented the UCP Board's abuse of shareholders. We have recounted
CEO Dustin Bogue‘s questionable conduct (like a 32% gross margin
immediately preceding UCP's IPO and his receipt of a personal
bailout with PICO shareowner's funds). Comp Committee Chair Michael
C. Cortney surreptitiously removed the Officer Stock Ownership
Guidelines from the 2016 Proxy Statement. We have overwhelmingly
demonstrated how UCP is a value destruction machine, efficiently
transferring wealth from shareholders to Directors, Executives and
Employees. We have noted how UCP is considered by us and many
others as America's worst publicly traded homebuilder. And we have
proven that UCP will sell in a change of control as a land play
only -- which means there is no point in waiting.

"We are more optimistic than ever about our Board and the prospects
for value creation at PICO. Messrs. Silvers, Cates and Speron took
a gamble and executed it flawlessly. We are grateful for their
efforts."


PREMIER WELLNESS: Has Until Feb. 27 to Use Cash Collateral
----------------------------------------------------------
Judge Paul G. Hyman, Jr., of the U.S. Bankruptcy Court for the
Southern District of Florida authorized Premier Wellness Centers
LLC to use cash collateral on an interim basis, until Feb. 27,
2017.

JP Morgan Chase, NA and Fundation Group LLC assert that they have a
valid, properly perfected, first-priority and second-priority
blanket lien, respectively, on all of the Debtor's personal
property.

The approved Budget provided for total expenses in the amount of
$69,645 for December 2016, $68,585 for January 2017, and $67,173
for February 2017.

JPMorgan Chase and Fundation are granted a perfected postpetition
security interest and lien in, to and against the Debtor's cash
collateral and all of the Debtor's assets, to the same priority,
validity and extent that they held a properly perfected prepetition
security interest in such assets prepetition.

The Debtor was directed to make monthly adequate protection
payments to JPMorgan Chase in the amount of $2,500, until
confirmation of the Debtor's Plan, dismissal or conversion to
chapter 7.

A full-text copy of the Interim Order, dated Dec. 2, 2016, is
available at
http://bankrupt.com/misc/PremierWellness2016_1610191pgh_142.pdf

JPMorgan Chase, NA, can be reached at:

          JP MORGAN CHASE NA
          Business Banking Portfolio Management Center
          c/o Chris Hammonds
          AZ1-1024, 201 North Central Ave.
          Phoenix, AZ 85038

                About Premier Wellness Centers

Headquartered in Port Saint Lucie, Florida, Premier Wellness
Centers LLC filed for Chapter 11 bankruptcy protection (Bankr. S.D.
Fla. Case No. 16-10191) on Jan. 6, 2016, listing $384,400 in total
assets and $2.56 million in total liabilities.  The petition was
signed by William Jensen, managing member.  Judge Paul G. Hyman,
Jr., presides over the case.  Malinda L. Hayes, Esq., at Markarian
Frank White-Boyd & Hayes, serves as the Debtor's bankruptcy
counsel.


PRO RAILING METAL: Taps Genesis Law Group as Legal Counsel
----------------------------------------------------------
Pro Railing Metal Works, Inc. seeks approval from the U.S.
Bankruptcy Court for the Central District of California to hire
legal counsel in connection with its Chapter 11 case.

Pro Railing proposes to hire the Law firm of Genesis Law Group to
give legal advice regarding its duties under the Bankruptcy Code,
represent the company in any adversary proceeding to recover its
assets, and provide other legal services.

Kevin Tang, Esq., the attorney designated to represent the Debtor,
will be paid an hourly rate of $400.  Paralegals will be paid $200
per hour.

Mr. Tang disclosed in a court filing that he and the office staff
at Genesis are "disinterested persons" as defined in section
101(14) of the Bankruptcy Code.

The firm can be reached through:

     Daniel King, Esq.
     Kevin Tang, Esq.
     Genesis Law Group
     3435 Wilshire Blvd., Suite 1111
     Los Angeles, CA 90010
     Tel: (213) 388-3887
     Fax: (213) 388-1744
     Email: dking@thegenesislaw.com

                 About Pro Railing Metal Works

Pro Railing Metal Works, Inc. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. C.D. Cal. Case No. 16-14358) on October
21, 2016.  The petition was signed by Jason Sarafin, president.  

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


PROFESSIONAL DIVERSITY: North Star Holds 5% Stake as of Dec. 5
--------------------------------------------------------------
North Star Investment Management Corporation disclosed in an
amended Schedule 13D filed with the Securities and Exchange
Commission that it beneficially owns 164,608 shares of common stock
of Professional Diversity Network, Inc., representing 5 percent of
the shares outstanding.  The percentage is based on 3,622,851
shares of the Company's common stock outstanding as of Dec. 5,
2016, as reported in the Company's Form 10-Q filed
Nov. 14, 2016, following a 1-for-8 reverse stock split that was
effectuated on Nov. 7, 2016.  A full-text copy of the regulatory
filing is available for free at https://is.gd/roeixz

                About Professional Diversity

Professional Diversity Network, Inc., is a dynamic operator of
professional networks with a focus on diversity.  The Company
serves a variety of such communities, including Women,
Hispanic-Americans, African-Americans, Asian-Americans, Disabled,
Military Professionals, and Lesbian, Gay, Bisexual and Transgender
(LGBT).  The Company's goal is (i) to assist its registered users
and members in their efforts to connect with like-minded
individuals, identify career opportunities within the network and
(ii) connect members with prospective employers while helping the
employers address their workforce diversity needs.  

The Company reported a net loss of $35.8 million in 2015 following
a net loss of $3.65 million in 2014.

As of Sept. 30, 2016, Professional Diversity had $36.45 million in
total assets, $18.38 million in total liabilities and $18.06
million in total stockholders' equity.



QUALITY DISCOUNT: U.S. Trustee Forms 3-Member Committee
-------------------------------------------------------
Tiffany L. Carroll, Acting U.S. Trustee, on Dec. 6, 2016, appointed
three creditors of Quality Discount Ice Cream Distributors, Inc.,
to serve on the official committee of unsecured creditors.

The committee members are:

     (1) Louise Cohen
         P.O. Box 4598
         Carlsbad, CA 92018-4598

     (2) Shane A. Dolan
         1247 Oliver Avenue No. 3
         San Diego, CA 92109

     (3) Betsy Jacobson
         363 Patty Lane
         Encinitas, CA 92024

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

           About Quality Discount Ice Cream Distributors

Farshad Yoghouti, Gholamreza Chitgari and Babak Afshin filed an
involuntary chapter 11 petition on behalf of Quality Discount Ice
Cream Distributors, Inc. (Bankr. S.D. Cal. Case No. 16-01709) on
March 29, 2016.  The Petitioners are represented by Kit James
Gardner, Esq., at the Law Offices of Kit J. Garnder.  The case is
assigned to Judge Christopher B. Latham.

Farshad Yaghouti asserts a claim in the amount of $2,348,000;
Gholamreza Chitgari asserts a claim in the amount of $500,000; and
Babak Afshin asserts a claim in the amount of $150,000.

The alleged Debtor offers the wholesale distribution of
confectionery and cold sweets.


QUANTUM CORP: Extends Board Observer Rights Until February 1
------------------------------------------------------------
Quantum Corporation entered into an amendment to the agreement with
VIEX Capital Advisors, LLC and its affiliates dated Sept. 23, 2016.
Pursuant to the Amendment, Quantum has extended the Board observer
rights of John Mutch and Raghu Rau until Feb. 1, 2017, subject to
certain conditions, and VIEX has agreed to extend the standstill
provisions of the Agreement related to the solicitation of proxies
and other matters until Feb. 1, 2017, subject to earlier
termination under certain circumstances.

In addition, as previously disclosed, Quantum will hold its annual
meeting of stockholders on March 31, 2017.  The remainder of the
Agreement remains unchanged and in effect.

                    Amendments to Bylaws

Pursuant to the Amendment, the Company agreed that, notwithstanding
any provision of Section 2.4 of the Amended and Restated Bylaws of
the Company, as amended, to the contrary, a notice of business by
any stockholder of record to be conducted at the 2017 Annual
Meeting pursuant to Section 2.4(i) of the Bylaws or a notice of
director nominations by any stockholder of record at the 2017
Annual Meeting pursuant to Section 2.4(ii) of the Bylaws that
otherwise complies with the relevant provisions of Section 2.4 will
be considered timely if it is received by the secretary of the
Company within 10 days after the expiration or termination of the
Standstill Period (as defined in the Amendment).

                     About Quantum Corp.

Based in San Jose, California, Quantum Corp. (NYSE:QTM) --
http://www.quantum.com/-- is a storage company specializing in
backup, recovery and archive.  Quantum provides a comprehensive,
integrated range of disk, tape, and software solutions supported
by a world-class sales and service organization.

For the year ended March 31, 2016, Quantum Corp reported a net loss
of $74.68 million following net income of $16.76 million for the
year ended March 31, 2015.

As of Sept. 30, 2016, Quantum had $220.9 million in total assets,
$344.3 million in total liabilities and a total stockholders'
deficit of $123.4 million.


QUIKRETE HOLDINGS: Moody's Assigns B1 Rating on Sr. Sec. Term Loan
------------------------------------------------------------------
Moody's Investors Service said the B1 rating assigned to Quikrete
Holdings, Inc.'s senior secured term loan due 2023 is not affected
following the company's decision to upsize this facility to
$2.6 billion, and not issue the originally proposed $200 million
second lien senior secured term loan due 2024, whose rating has
been withdrawn.  Quikrete's B1 Corporate Family Rating and B1-PD
Probability of Default rating are also unchanged.  The rating
outlook is stable.

Proceeds from the first lien add-on, along with a $126 million
revolver drawdown and cash on hand, will be used to acquire Hydro
Conduit Corporation d/b/a Rinker Materials Concrete Pipe Division
for $500 million (excluding fees and expenses) from CEMEX S.A.B. de
C.V.  Rinker manufactures reinforced concrete pipe and other
related products in the U.S., supplementing Contech Holdings,
Inc.'s existing offerings of corrugated metal and PVC pipes.
Quikrete acquired Contech on November 15.

Moody's views the leverage-neutral event as a modest credit
positive, since interest savings should more than offset the small
increase in term loan amortization.  Following closing of the
proposed transaction, Quikrete's debt capital structure will
consist of a $325 million asset-based senior secured asset-based
revolving credit facility expiring 2021 (unrated), of which
approximately $126 million will be outstanding at closing, and the
upsized $2.6 billion senior secured term loan due 2023.

Withdrawals:

Issuer: Quikrete Holdings, Inc.

  Senior Secured Second Lien Term Loan, Withdrawn , previously
   rated B3 (LGD6)

                        RATINGS RATIONALE

Quikrete's B1 Corporate Family Rating reflects Moody's expectations
of solid operating margins, which remain a solid strength.
Additionally, sustained strength in US construction markets --
remodeling, housing and infrastructure - support revenue and
earnings growth.  Quikrete's good liquidity profile characterized
by free cash flow generation throughout the year, and some revolver
availability, gives it financial flexibility to contend with its
basic cash obligations despite higher leverage and debt service
payments.  Free cash flow is expected to be used for debt
reduction.  The rating outlook is stable.

Positive rating actions could take place if Quikrete integrates its
acquisitions, benefits from strength in its key end markets, and
practices conservative capital deployment, resulting in the
following credit metrics and characteristics:

  Debt-to-EBITDA remaining below 4.0x
  Improved liquidity profile
  Permanent debt reduction

Moody's does not anticipate any further rating pressures at this
time.  However, negative rating actions could occur over the longer
term should Quikrete's performance falls below Moody's
expectations, resulting in the following credit metrics and
characteristics:

  Debt-to-EBITDA remaining above 5.0x
  EBITA-to-interest expense sustained below 2.5x
  Deterioration in the company's liquidity profile
  Large debt-financed acquisitions
  Significant shareholder-friendly activities

The principal methodology used in this rating was Global
Manufacturing Companies published in July 2014.

Quikrete Holdings, Inc., headquartered in Atlanta, GA, is a North
American manufacturer and distributor of packaged concrete and
cement mixes, segmental concrete, and ceramic tile installation
products.  Sales for these products are derived from the domestic
home repair and remodeling end market through predominately
national retail chains.  It is also a leading designer,
manufacturer and distributor of engineered water infrastructure
solutions for the domestic construction end markets.  The
Winchester family owns 100% of Quikrete.



QUIKRETE HOLDINGS: S&P Affirms 'BB-' CCR & Revises Outlook to Neg.
------------------------------------------------------------------
S&P Global Ratings said it revised its rating outlook to negative
from stable on Atlanta-based building materials supplier Quikrete
Holdings Inc. and affirmed its 'BB-' corporate credit rating on the
company.

S&P also assigned its 'B' issue-level rating and '6' recovery
rating to the company's proposed $200 million second-lien term loan
due 2024.  The '6' recovery rating indicates S&P's expectation for
negligible (0%-10%) recovery in the event of a payment default.  At
the same time, S&P affirmed the 'BB-' issue-level rating on the
company's $2.4 billion term loan due 2023.  S&P revised the
recovery rating on the debt to '3' from '4', indicating its
expectation of meaningful (50%-70%; lower half of the range)
recovery in the event of a default.  In addition, S&P affirmed its
'BB-' rating on the company's $1.398 billion first-lien term bank
loan due 2020.  The recovery rating on the loan is '3', indicating
S&P's expectation of meaningful (50%-70%; lower half of the range)
recovery in the event of a default.

"The negative outlook reflects the risk that Quikrete could sustain
debt leverage above 5x if deleveraging targets are not met, which
would lead to a lower rating," said S&P Global Ratings credit
analyst Ryan Gilmore.

S&P could lower its ratings on Quikrete if the company's credit
measures were sustained at current levels over the next 12 months,
specifically if adjusted debt to EBITDA was sustained above 5x.
This could be the result of alternative uses of excess FOCF in lieu
of debt repayment, including increased dividends or additional
acquisitions.  This could also be the result of operational
surprises such as higher-than-anticipated integration costs, or an
unexpected contraction in repair and remodeling or infrastructure
spending in the U.S.

S&P could consider revising the outlook to stable if the company
made progress toward achieving its deleveraging targets, such that
adjusted debt leverage fell and was sustained below 5x.  In
addition, although unlikely over the next 12 months, S&P could
consider an upgrade if the company achieved improvement in credit
measures, with adjusted debt to EBITDA of less than 3x and FFO to
debt of more than 30% on a sustained basis.  This could be spurred
by a combination of stronger-than-expected end-market demand or
increased sales of higher margin products.



QVL PHARMACY: KCP's Jacen Dinoff to Serve as Liquidating Trustee
----------------------------------------------------------------
QVL Pharmacy Holdings, Inc. filed with the U.S. Bankruptcy Court
for the District of Massachusetts its latest disclosure statement,
which explains the company's proposed Chapter 11 plan.

According to the disclosure statement, Jacen Dinoff of KCP Advisory
Group will be appointed as trustee of a liquidating trust that will
be created for the benefit of unsecured creditors.  The Debtor also
sought authority from the Bankruptcy Court to employ Mr. Dinoff as
its chief restructuring officer.

All accounts receivable will be transferred to the trust upon
confirmation of the plan, including those unpaid amounts due from
the customers of QVL's former pharmacy in Dallas, Texas, which had
been sold in 2014.  

Class 3 Unsecured Claims (Trade) are impaired under the Plan.  A
holder of an Allowed Class 3 Unsecured Claim will receive a pro
rata share of distributions from the Liquidating Trust.  The
Debtor
intends to object to Claim No. 27.  If the Debtor's objection is
successful, the total of Unsecured Claims would be reduced to
$401,585.37.  Allowed Class 3 Unsecured Claims will be paid a pro
rata share of an estimated $113,150 distribution.  The foregoing
estimate is based on a 15% recovery by the Liquidating Trust on
the
accounts Receivable (15% of $754,324).

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

                       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) an
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.

An official committee of unsecured creditors has not yet been
appointed in this case.


RESOLUTE ENERGY: Firewheel Energy Owns 4.9% Stake as of Nov. 30
---------------------------------------------------------------
In an amended 13G filed with the Securities and Exchange
Commission, Firewheel Energy, LLC, EnCap Energy Capital Fund VIII,
L.P. and EnCap Partners, LLC disclosed that as of Nov. 30, 2016,
they beneficially own 864,523 shares of common stock of Resolute
Energy Corporation which represents 4.92 percent based on
17,567,225 shares of Common Stock of the Company, issued and
outstanding as of October 31, 2016.  A full-text copy of the
regulatory filing is available for free at https://is.gd/Z8KAmm

                About Resolute Energy Corporation

Resolute Energy Corp. -- http://www.resoluteenergy.com/-- is an
independent oil and gas company focused on the acquisition,
exploration, exploitation and development of oil and gas
properties, with a particular emphasis on liquids focused,
long-lived onshore U.S. opportunities.  Resolute's properties are
located in the Paradox Basin in Utah and the Permian Basin in Texas
and New Mexico.

Resolute reported a net loss of $742 million in 2015, a net loss of
$21.9 million in 2014, and a net loss of $114 million in 2013.

As of Sept. 30, 2016, Resolute Energy had $294.9 million in total
assets, $634.0 million in total liabilities, and a total
stockholders' deficit of $339.1 million.

                         *    *    *

As reported by the TCR on Sept. 26, 2016, Moody's Investors
Service, upgraded Resolute Energy's Corporate Family Rating (CFR)
to 'Caa2' from 'Caa3', the Probability of Default Rating to Caa2-PD
from Caa3-PD and its senior unsecured notes rating to 'Caa3' from
'Ca'.  The Speculative Grade Liquidity rating was affirmed at
SGL-3.  The rating outlook was changed to positive from stable.

"The upgrade to Caa2 reflects Resolute's improved production and
drilling economics, which provide good visibility to continued
growth in a mid $40s oil price environment without increasing debt.
While leverage remains high, we expect moderation in the company's
reserve- and production-based debt metrics from significant
production growth at very competitive drillbit costs," noted John
Thieroff, Moody's VP-senior analyst.

Resolute Energy carries a 'CCC-' corporate credit rating,
with a negative outlook, from S&P Global Ratings.


RO & SONS INC: Voluntary Chapter 11 Case Summary
------------------------------------------------
Debtor: Ro & Sons, Inc.
          DBA Motel 9
        2505 E. Saunders St.
        Laredo, TX 78046

Case No.: 16-50241

Chapter 11 Petition Date: December 6, 2016

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

Judge: Hon. Eduardo V Rodriguez

Debtor's Counsel: Carl Michael Barto, Esq.
                  LAW OFFICES OF CARL M. BARTO
                  817 Guadalupe St.
                  Laredo, TX 78040
                  Tel: 956-725-7500
                  Fax: 956-722-6739
                  E-mail: cmblaw@netscorp.net

Total Assets: $4.04 million

Total Liabilities: $1.57 million

The petition was signed by Pablo E. Rodriguez, president.

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/txsb16-50241.pdf


ROMEO'S PIZZA: Has Unrestricted Use of Cash Collateral
------------------------------------------------------
Judge Paul G. Hyman of the U.S. Bankruptcy Court for the Southern
District of Florida authorized Romeo's Pizza Express, Inc., to use
cash collateral on a final basis.

Judge Hyman found that no creditor has a cash collateral interest.
He allowed the Debtor to use cash without any cash collateral
restrictions.

A full-text copy of Romeo's Pizza Express, Inc., dated Dec. 1,
2016, is available at
http://bankrupt.com/misc/RomeosPizza2016_1624817pgh_39.pdf

                About Romeo's Pizza Express

Romeo's Pizza Express, Inc., filed a chapter 11 petition (Bankr.
S.D. Fla. Case No. 16-24817) on Nov. 1, 2016.  The petition was
signed by Antonio Manglaviti, president and managing partner.  The
Debtor is represented by Malinda L. Hayes, Esq., at Markarian Frank
White-Boyd & Hayes.  The Debtor estimated assets and liabilities at
$500,001 to $1 million at the time of the filing.


RUBLE HOLDINGS: Lemoine-Raymond Buying Gulfport Property for $208K
------------------------------------------------------------------
Ruble Holdings, LLC, asks the U.S. Bankruptcy Court for the
Southern District of Mississippi to sell a parcel of real property
located at 529 Ulman Avenue, Gulfport, Mississippi, to Holly
Lemoine-Raymond for $207,580.

The Debtor previously filed its Application to Sell Real Property
Free and Clear of Liens on Jan. 15, 2016 (the First Ulman Avenue
Property Application) for the real property at 529 Ulman Avenue,
Bay St. Louis, Mississippi, the Ulman Avenue Property, which
application was approved by Agreed Order.  The sale contemplated by
the First Ulman Avenue Application did not close and the contract
terminated.

The Debtor has now entered into a new Contract for the Sale and
Purchase of Real Estate ("New Contract") as to the property, with
the Purchaser for $207,580.

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

        http://bankrupt.com/misc/Ruble_Holdings_396_Sales.pdf

Hancock Bank holds a promissory note and first deed of trust
secured by the property with a projected payoff balance of
approximately $19,000; which is to be paid in full from the
proceeds of the sale, with the final amount to be provided by
Hancock Bank to the closing attorney immediately prior to closing.
Said first deed of trust is dated Dec. 12, 2003.  Said deed of
trust was modified by Modification of Deed of Trust dated Feb. 9,
2009, and recorded at Book 2009, Page 5741 in said records,
extending the maturity date to Feb. 10, 2014.

Hancock has made other loans to the Equity Security Holders, John
Ruble and Dawn Ruble, who were also guarantors on the promissory
notes of the Debtor; and Hancock has informed counsel for the
Debtor that it takes the position that the additional loans made to
the Rubles are also secured by the property.  The Debtor takes the
position that under the line of cases commencing with Merchants
National Bank v Steward, the cross-collateralization provision
contained in the deed of trust is not sufficient to extend to the
loans made to the Rubles.

Property taxes are due to Hancock County and the City of Bay St.
Louis for tax year 2014 in combined amount of $5,384 until Jan. 1,
2017.  Property taxes are due to Hancock County and the City of Bay
St. Louis for tax year 2015 in combined amount of $5,404 until Jan.
1, 2017.  Property taxes are projected to be due to Hancock County
and the City of Bay St. Louis for the tax year 2016 for the time
prior to closing that the property is owned by the Debtors during
2016, which are estimated to be in the amount of $5,589.

As set forth in the Contract, the Debtor has agreed that these
expenses, charges and fees should be paid from the proceeds of the
sale:

    a. Proration of the city/county ad valorem taxes for the
current year of approximately $5,589, with the exact amount being
determined immediately prior to closing.

    b. Payment of ad valorem taxes for 2015, in the amount of
approximately $5,404, with the exact amount being determined
immediately prior to closing.

    c. Payment of ad valorem taxes for 2014, in the amount of
approximately $5,384, with the exact amount being determined
immediately prior to closing.

    d. Payment to Hancock Bank of approximately $19,000, with the
actual payoff amount being provided by Hancock Bank to the closing
attorney.

    e. Payment of closing costs as provided in the Contract, in an
estimated amount of $750.

Real Estate commissions in amount of 3% of the sale price, or
$6,420 should be paid to Sawyer Realty.

The Debtor suggests that the remaining proceeds of sale, after
payment of the obligations set out, be held in escrow in a special
debtor in possession account, subject to the U.S. Trustee reporting
requirements, which will require the signature of an attorney for
the Debtor for any disbursements or withdrawal, and no disbursement
or withdrawal will be made without authority of the Court; except
to pay the United States Trustee's fees for the quarter in which
the sale occurs, and any tax liability engendered by the sale for
the Debtor or the Equity Security Holders.

The Debtor asks that the Court authorize the sale of the property
the Purchaser free and clear of all liens.

                        About Ruble Holdings

Ruble Holdings, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Miss. Case No. 14-51336) on Aug. 26,
2014.  The petition was signed by John H. Ruble, managing member.


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

The Debtor's attorney:

         Patrick A. Sheehan, Esq.
         SHEEHAN & JOHNSON, PLLC
         429 Porter Avenue
         Ocean Springs, MS 39564
         Tel: (228) 875-0572
         Fax: (228) 875-0895
         E-mail: pat@sheehanlawfirm.com


SAN BERNARDINO, CA: Court Confirms Bankruptcy Exit Plan
-------------------------------------------------------
Judge Meredith Jury of the U.S. Bankruptcy Court for the Central
District of California has, for reasons stated in open court,
confirmed the plan proposed by the city of San Bernardino,
California.  According to the court docket, a hearing for approval
of the Plan Confirmation Order, which will be lodged on January 3,
will be held on January 27, 2017, at 01:30 PM.

According to The American Bankruptcy Institute, citing Jim Christie
of Reuters, an official confirmation order is expected by late
January, spokeswoman Monica Lagos, a spokeswoman for the city, said
in an email to Reuters.

Reuters noted that U.S. Bankruptcy Judge Meredith Jury in recent
months has been signaling support for the Southern California
city's plan to emerge from Chapter 9 bankruptcy after four years.

The plan involves slashing bondholder debt and retiree healthcare
costs while protecting pensions, Reuters said.  San Bernardino's
financial restructuring also includes folding its fire department
into San Bernardino County's fire services district as a
cost-cutting measure, the report related.

                    About San Bernardino

San Bernardino, California, filed an emergency petition for
municipal bankruptcy under Chapter 9 of the U.S. Bankruptcy Code
(Bankr. C.D. Cal. Case No. 12-28006) on Aug. 1, 2012.  San
Bernardino, a city of about 210,000 residents roughly 65 miles
(104 km) east of Los Angeles, estimated assets and debt of more
than $1 billion in the bare-bones bankruptcy petition.

The city council voted on July 10, 2012, to file for bankruptcy.
The move lets San Bernardino bypass state-required mediation with
creditors and proceed directly to U.S. Bankruptcy Court.

The city is represented that Paul R. Glassman, Esq., at Stradling
Yocca Carlson & Rauth.

San Bernardino joined two other California cities in bankruptcy:
Stockton, an agricultural center of 292,000 east of San Francisco,
and Mammoth Lakes, a mountain resort town of 8,200 south of
Yosemite National Park.

The City was granted Chapter 9 protection on Aug. 28, 2013.

The City filed on May 14, 2015, a Plan to exit court protection.
The Plan proposes to some bondholders a penny on the dollar but
maintains pension benefits for retired city workers.  The Plan
proposes to make full payments into the pension fund run by
California Public Employees' Retirement System.


SAWTELLE PARTNERS: Trustee Taps Lobel Weiland as Legal Counsel
--------------------------------------------------------------
The Chapter 11 trustee of Sawtelle Partners, LLC seeks approval
from the U.S. Bankruptcy Court for the Central District of
California to hire legal counsel.

Peter Mastan proposes to hire Lobel Weiland Golden Friedman LLP to
analyze the Debtor's assets and liabilities, negotiate with holders
of liens against its real property, develop a strategy to either
liquidate the property or propose a restructuring plan, and provide
other legal services.

The hourly rates charged by the firm range from $250 to $850.
Jeffrey Golden, Esq., and Beth Gaschen, Esq., will be paid $750 per
hour and $550 per hour, respectively.

Mr. Golden disclosed in a court filing that his firm does not hold
or represent any interest adverse to the Debtor's estate or any of
its creditors.

The firm can be reached through:

     Jeffrey I. Golden, Esq.
     Beth E. Gaschen, Esq.
     Lobel Weiland Golden Friedman LLP
     650 Town Center Drive, Suite 950
     Costa Mesa, CA 92626
     Tel: (714) 966-1000
     Fax: (714) 966-1002
     Email: jgolden@lwgfllp.com
     Email: bgaschen@lwgfllp.com

                     About Sawtelle Partners

Sawtelle Partners, LLC, based in Los Angeles, CA, filed a Chapter
11 petition (Bankr. C.D. Cal. Case No. 16-21234) on August 23,
2016.  The Hon. Barry Russell presides over the case.  Michael R.
Totaro, at Totaro & Shanahan, serves as bankruptcy counsel.

In its petition, the Debtor estimated $9.59 million in assets and
$13.05 million in liabilities. The petition was signed by Ethan
Margalith, managing member.

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

On November 10, 2016, the court approved the appointment of Peter
J. Mastan as Chapter 11 trustee.


SEANERGY MARITIME: Amends $15 Million Prospectus with SEC
---------------------------------------------------------
Seanergy Maritime Holdings Corp. filed with the Securities and
Exchange Commission an amended Form F-1 registration statement
relating to the offering of $15,000,000 of its common shares and
its Class A Warrants to purchase its common shares, or 6,250,000
common shares and Class A Warrants to purchase 6,250,000 common
shares assuming a public offering price per common share and Class
A Warrant of $2.40, the last reported sale price per share of its
common shares on the Nasdaq Capital Market on Dec. 2, 2016.  One
common share is being sold together with one Class A Warrant, with
each Class A Warrant being immediately exercisable for one common
share at an exercise price of $       per share (or       % of the
price of each common share sold in this offering) and expiring five
years after the issuance date.

The Company's common shares are listed on the Nasdaq Capital Market
under the symbol "SHIP".  On Dec. 2, 2016, the last reported sale
price of the Company's common shares was $2.40 per share.  The
Company has applied to list the Class A Warrants offered hereby on
the Nasdaq Capital Market under the symbol "SHIPW".

A full-text copy of the Form F-1/A is available for free at:

                     https://is.gd/fGzm4P

                        About Seanergy

Athens, Greece-based Seanergy Maritime Holdings Corp. is an
international company providing worldwide seaborne transportation
of dry bulk commodities.  The Company owns and operates a fleet
of seven dry bulk vessels that consists of three Handysize, two
Supramax and two Panamax vessels.  Its fleet carries a variety of
dry bulk commodities, including coal, iron ore, and grains, as
well as bauxite, phosphate, fertilizer and steel products.

For the year ended Dec. 31, 2015, the Company reported a net loss
of US$8.95 million on US$11.2 million of net vessel revenue
compared to net income of US$80.3 million on US$2.01 million of
net vessel revenue for the year ended Dec. 31, 2014.

As of Sept. 30, 2016, Seanergy had US$203.60 million in total
assets, US$184.45 million in total liabilities and US$19.15 million
in stockholders' equity.

Ernst & Young (Hellas) Certified Auditors-Accountants S.A., in
Athens, Greece, issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31,
2015, citing that the Company reports a working capital deficit and
estimates that it may not be able to generate sufficient cash flow
to meet its obligations and sustain its continuing operations for a
reasonable period of time, that in turn raise substantial doubt
about the Company's ability to continue as a going concern.


SEANERGY MARITIME: Reports Financial Results for Third Quarter
--------------------------------------------------------------
Seanergy Maritime Holdings Corp. reported a net loss of US$5.87
million on US$8.62 million of revenues for the three months ended
Sept. 30, 2016, compared to a net loss of US$1.04 million on
US$2.64 million of revenues for the three months ended Sept. 30,
2015.

For the nine months ended Sept. 30, 2016, the Company reported a
net loss of US$17.73 million on US$23.79 million of revenues
compared to  net loss of US$3.10 million on US$4.40 million of
revenues for the same period a year ago.

As of Sept. 30, 2016, Seanergy had US$203.60 million in total
assets, US$184.45 million in total liabilities and US$19.15 million
in stockholders' equity.

Stamatis Tsantanis, the Company's chairman & chief executive
officer, stated: "During the third quarter of 2016, our efforts
were focused on strengthening our financial position in order to
expand our fleet through vessel acquisitions.  The first half of
2016 was the weakest on record for dry bulk daily rates but we have
started to see steady gains in rates since the first half of this
year.  For instance, Capesize rates for the first half of 2016
averaged approximately $3,500 per day vs. current Capesize daily
rates of approximately $14,500.  We expect volatility in the
current rate environment to continue but believe the worst is
behind us.  As such, we view this year's weakness in the dry bulk
market as an opportunity to acquire quality vessels at favorable
prices.

"With this aim in sight, we completed two registered direct
offerings of common shares to unaffiliated institutional investors
in August 2016 and November 2016.

"In terms of vessel acquisitions, we have already taken delivery of
the first of two 2010-built Capesize vessels that we agreed to
acquire and the second delivery is expected to take place during
December 2016 bringing our cargo carrying capacity to 1.5 million
DWT.  We believe that the agreed purchase price compares favorably
to current market values for similar vessels.  We are confident in
the long run prospects of the Capesize market and our ability to
expand in this market segment due to our existing financing
arrangements in place, established commercial expertise, and
operational efficiency"

                   Third Quarter Developments

2016 Annual Meeting of Shareholders

On Sept. 28, 2016, the Company held its 2016 Annual Meeting of
Shareholders, or the Meeting, in Athens, Greece pursuant to a
Notice of Annual Meeting of Shareholders dated Aug. 17, 2016.  At
the Meeting, each of the following proposals, which was set forth
in more detail in the Notice of Annual Meeting of Shareholders and
the Company's Proxy Statement sent to shareholders on or around
Aug. 17, 2016, were approved and adopted: (i) the election of two
Class A Directors, Stamatis Tsantanis and Elias Culucundis, to
serve until the 2019 Annual Meeting of Shareholders and (ii) the
approval of the appointment of Ernst & Young (Hellas) Certified
Auditors - Accountants S.A. to serve as the Company's independent
auditors for the fiscal year ending Dec. 31, 2016.

Acquisition of two 2010 built Capesize Vessels

On Sept. 26, 2016, the Company entered into separate agreements
with an unaffiliated third party for the purchase of two secondhand
Capesize vessels for an aggregate gross purchase price of $41.5
million.  One vessel, the M/V Lordship, was delivered to the
Company from its previous owners on Nov. 30, 2016, while the second
vessel is expected to be delivered to the Company during December
2016, subject to the satisfaction of certain customary closing
conditions.

Completion of Registered Direct Offering

In an offering that was completed on Aug. 10, 2016, the Company
sold 1,180,000 shares of common stock to an unaffiliated
institutional investor at a purchase price of $4.15 per share, for
aggregate gross proceeds of $4.9 million.  The net proceeds from
the sale of the securities, after deducting placement agent fees
and related offering expenses, were approximately $4.1 million. The
securities were offered pursuant to a shelf registration statement
on Form F-3 previously filed and declared effective by the United
States Securities and Exchange Commission.  A prospectus supplement
relating to the offering was filed by the Company with the SEC on
Aug. 9, 2016.

Supplemental Letter to the UniCredit Bank AG Loan Facility

On July 29, 2016, the Company entered into a supplemental letter to
its senior secured loan facility with UniCredit Bank AG, dated
Sept. 11, 2015.  Among other things, pursuant to the supplemental
letter the effective date of a certain covenant is deferred to July
1, 2017.

Supplemental Agreements to the Alpha Bank A.E. Loan Facilities

On July 28, 2016, the Company entered into a second supplemental
agreement related to its senior secured loan facility with Alpha
Bank A.E., dated March 6, 2015.  Among other things, pursuant to
the second supplement agreement the next four repayment
installments were reduced to $100,000 each, amounting to an
aggregate reduction of $600,000 that will be added to the balloon
payment.  In addition, the effective date of certain covenants is
deferred to July 1, 2017.

On July 28, 2016, the Company entered into a supplemental agreement
related to its senior secured loan facility with Alpha Bank A.E.,
dated Nov. 4, 2015.  Among other things, pursuant to the supplement
agreement the effective date of certain covenants is deferred to
July 1, 2017.

                      Subsequent Developments

Delivery of M/V Lordship

On Nov. 30, 2016, the Company took delivery of the M/V Lordship, a
178,838 dwt Capesize dry bulk vessel, built in 2010 by Hyundai
Heavy Industries in South Korea.  The vessel is the first of two
vessels that the Company agreed to acquire in September 2016.

Loan Facility with Northern Shipping Fund III LP

On Nov. 28, 2016, the Company entered into a $32 million loan
facility with Northern Shipping Fund III LP, or NSF, to fund part
of the acquisition cost of the two vessels that the Company agreed
to acquire in September 2016.  As of Dec. 2, 2016, the Company has
drawn down $7.5 million that was used to partially fund the
acquisition of M/V Lordship.

Completion of Registered Direct Offering

In an offering that was completed on Nov. 23, 2016, the Company
sold 1,305,000 shares of common stock to three unaffiliated
institutional investors at a purchase price of $2.75 per share, for
aggregate gross proceeds of $3.6 million.  The net proceeds from
the sale of the securities, after deducting placement agent fees
and related offering expenses, are approximately $3.2 million.  The
securities were offered pursuant to a shelf registration statement
on Form F-3 previously filed and declared effective by the SEC.  A
prospectus supplement relating to the offering was filed by the
Company with the SEC on Nov. 22, 2016.

Loan Facility with Jelco Delta Holding Corp.

On Oct. 4, 2016, the Company entered into a $4.2 million loan
facility, or the Loan Facility, with Jelco Delta 4 Holding Corp.,
or Jelco, an entity affiliated with the Company's principal
shareholder, to fund the initial deposits for the two vessels that
the Company agreed to acquire in September 2016.  On Nov. 17, 2016,
the Company entered into Amendment No. 1 to the Loan Facility,
which changed the maturity date to Dec. 31, 2016.  On Nov. 28,
2016, the Company entered into an amended and restated agreement
pursuant to which the amount of the facility was increased to a
total of $12.8 million.  Furthermore, the maturity date was
extended to the earlier of (i) Feb. 28, 2018, and (ii) the date
falling 14 months from the final drawdown date.  Under certain
circumstances the maturity date may be extended to the earlier of
(i) Feb. 28, 2019, and (ii) the date falling 26 months from the
final drawdown date.

As of Dec. 2, 2016, the Loan Facility has been fully drawn and the
amount outstanding is equal to $12.8 million.  Upon the delivery of
the second of the two vessels, $1.9 million will be repaid to
Jelco.

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

                     https://is.gd/sNmff1
  
                        About Seanergy

Athens, Greece-based Seanergy Maritime Holdings Corp. is an
international company providing worldwide seaborne transportation
of dry bulk commodities.  The Company owns and operates a fleet
of seven dry bulk vessels that consists of three Handysize, two
Supramax and two Panamax vessels.  Its fleet carries a variety of
dry bulk commodities, including coal, iron ore, and grains, as
well as bauxite, phosphate, fertilizer and steel products.

For the year ended Dec. 31, 2015, the Company reported a net loss
of US$8.95 million on US$11.2 million of net vessel revenue
compared to net income of US$80.3 million on US$2.01 million of
net vessel revenue for the year ended Dec. 31, 2014.

Ernst & Young (Hellas) Certified Auditors-Accountants S.A., in
Athens, Greece, issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31,
2015, citing that the Company reports a working capital deficit and
estimates that it may not be able to generate sufficient cash flow
to meet its obligations and sustain its continuing operations for a
reasonable period of time, that in turn raise substantial doubt
about the Company's ability to continue as a going concern.


SFX ENTERTAINMENT: 5th Amended Plan Declared Effective
------------------------------------------------------
BankruptcyData.com reported that SFX Entertainment's Fifth Amended

Joint Plan of Reorganization became effective, and the Company
emerged from Chapter 11 protection. The Court confirmed the Plan
on November 15, 2016.  According BankruptcyData's Plan summary,
"The Plan proposes the issuance of three classes of securities:
New Series A Preferred Stock, New Series B Preferred Stock and New

Common Stock.  The Plan also proposes the issuance of three series

of warrants: the Series A Warrants, the Series B Warrants, and the

Series C Warrants. Interests in SFXE will not receive or retain
any distribution or other property on account of such Interests
under the Plan.  All Interests in SFXE and all stock certificates,

instruments, and other documents evidencing such Interests in SFXE

will be cancelled as of the Effective Date?.The Valuation Analysis

estimates going concern enterprise value of the Reorganized
Debtors, would be in a range between $115 million and $160
million, and the mid-point of this range is $137.5 million.  The
Debtors estimate that common equity is 'out of the money' by over
$460 million and up to $500 million."  This live entertainment
events' producer filed for Chapter 11 protection on February 1,
2016, listing $710 million in pre-petition assets.

                    About SFX Entertainment

SFX Entertainment, Inc., and 43 of its affiliates, a global
producer of live events and digital entertainment content focused
exclusively on the electronic music culture and other world-class
festivals, filed Chapter 11 bankruptcy petitions (Bankr. D. Del.
Case Nos. 16-10238 to 16-10281) on Feb. 1, 2016.  The petitions
were signed by Michael Katzenstein as chief restructuring officer.

The Debtors disclosed total assets of $662 million and total debt
of $490 million.

Judge Mary F. Walrath is assigned to the case.

Greenberg Traurig, LLP serves as the Debtors' counsel.  Kurtzman
Carson Consultants LLC acts as the Debtors' claims and noticing
agent.  The Debtor hired FTI Consulting Inc. to provide crisis and

turnaround management services.

An Official Committee of Unsecured Creditors has retained
Pachulski Stang Ziehl & Jones LLP as counsel, and Conway
Mackenzie, Inc., as financial advisor.


SLAYTON FAMILY: U.S. Trustee Unable to Appoint Committee
--------------------------------------------------------
The Office of the U.S. Trustee on Dec. 6, 2016, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of Slayton Family Beef
O'Brady's LLC.

Slayton Family Beef O' Bradys LLC filed a Chapter 11 petition
(Bankr. N.D. Fla. Case No. 16-40484) on Nov. 7, 2016.  The petition
was signed by Harold D. Slayton, manager.  The Debtor is
represented by Robert C. Bruner, Esq., at Robert C. Bruner,
attorney.  The Debtor estimated assets at $0 to $50,000 and
liabilities at $50,001 to $100,000 at the time of the filing.


STONE ENERGY: Tests at Amethyst Well Point to Tubing Leak
---------------------------------------------------------
Stone Energy Corporation on Dec. 5, 2016, provided an operational
update on its Amethyst well.

The Company said, "As previously reported, production from Stone's
Amethyst well (the 'Well') was shut in during late April 2016 to
allow for a technical evaluation.  During the first week of
November, we initiated acid stimulation work and intermittently
flowed the Well during the month of November at a rate of 10 – 15
million cubic feet of gas per day, while observing and evaluating
the Well's performance.  On November 30, 2016, we performed a
routine shut in of the Well to record pressures and determined that
pressure communication exists between the production tubing and
production casing strings, resulting from a suspected tubing
leak."

"We are currently diagnosing the pressure information in an attempt
to determine the most likely failure points and expect to have a
better understanding within one to two weeks.  We have communicated
our findings to date with the Bureau of Safety and Environmental
Enforcement ('BSEE') and will be working with BSEE in determining
our next steps.  We will evaluate our options to restore production
from the Well, and all potential impacts on our estimated proved
oil and gas reserves, which we anticipate will continue for at
least several months.  The estimated proved reserves associated
with the Amethyst well at year-end 2015 were approximately 79
billion cubic feet of gas equivalent.  We can provide no assurance
that we will be able to restore the Well's production to previous
levels, or at all.  We also cannot ensure that a replacement or
sidetrack well would be economic, or that we would have sufficient
liquidity if significant capital is needed to restore the Well's
production."

Stone Energy Corporation -- http://www.stoneenergy.com-- is an
independent oil and natural gas exploration and production company
headquartered in Lafayette, Louisiana with additional offices in
New Orleans, Houston and Morgantown, West Virginia.  Stone is
engaged in the acquisition, exploration, development and production
of properties in the Gulf of Mexico and Appalachian basins.


SUNEDISON INC: Coerced Not to Sue YieldCos, Committee Says
----------------------------------------------------------
The Official Committee of Unsecured Creditors of SunEdison, Inc.
and its debtor-affiliates tells Judge Stuart Bernstein that it has
demonstrated that it is entitled to standing to prosecute certain
fraudulent and preferential transfer claims against the YieldCos
because (i) the claims are colorable and (ii) the Debtors have
unjustifiably refused to assert them.  

The objectors to the Committee's Motion, which include the Debtors,
the YieldCos and, by joinder, the DIP Agent, do not seriously
dispute that the Proposed Claims are colorable, the Committee tells
the Court.  Indeed, the Debtors, admittedly, ignore colorability
entirely, and the YieldCos offer just a perfunctory response that,
in certain respects, misconstrues the Committee's arguments and, in
other respects, is simply wrong on its face.

The Standing Motion, accordingly, comes down to whether the Debtors
have justifiably or, as the Committee contends, unjustifiably
refused to assert the Proposed Claims themselves.  The Committee
says it has suspicions that the Debtors have declined to bring suit
at the behest of others and, worse yet, that the Debtors have every
intention of settling the Proposed Claims from under the Committee
and unsecured creditors -- notwithstanding the unsecured creditors'
bargained-for contractual right to the proceeds of the Debtors'
avoidance actions -- to pave the way for a YieldCo sale or other
transaction -- in either case, something that most likely
disproportionately benefits the secured lenders. These suspicions
have been borne out by the objections, and the Committee intends to
seek and obtain discovery from the Debtors -- including, but not
limited to, depositions of the Debtors' two declarants, John Dubel
and Homer Parkill -- supplement its reply to address the resulting
evidentiary record, and then appear before the Court again in late
December for an evidentiary hearing on the Motion.

The Committee asks the Court to grant it (i) derivative standing to
commence and prosecute the Proposed Claims on behalf of the
Debtors' estates; and (ii) authority to settle those claims on
behalf of the Debtors' estate.

                       About SunEdison, Inc.

SunEdison, Inc. (OTC PINK: SUNEQ), is a developer and seller of
photovoltaic energy solutions, an owner and operator of clean
power
generation assets, and a global leader in the development,
manufacture and sale of silicon wafers to the semiconductor
industry.

On April 21, 2016, SunEdison, Inc., and 25 of its affiliates each
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos.
16-10991 to 16-11017).  Martin H. Truong, the senior vice
president, general counsel and secretary, signed the petitions.

The Debtors disclosed total assets of $20.7 billion and total debt
of $16.1 billion as of Sept. 30, 2015.

The Debtors have hired Skadden, Arps, Slate, Meagher & Flom LLP as
counsel, Togut, Segal & Segal LLP as conflicts counsel, Rothschild
Inc. as investment banker and financial advisor, McKinsey Recovery
& Transformation Services U.S., LLC, as restructuring advisors and
Prime Clerk LLC as claims and noticing agent.  The Debtors
employed
PricewaterhouseCoopers LLP as financial advisors; and  KPMG LLP as
their auditor and tax consultant.

SunEdison also has tapped Eversheds LLP as its special counsel for
Great Britain and the Middle East.  Cohen & Gresser LLP has also
been retained as special counsel.

The Debtors retained Ernst &Young LLP to provide tax-related
services.  Keen-Summit Capital Partners LLC has been hired as real
estate advisor.  Binswanger of Texas, Inc., also has been retained
as real estate agent.

Sullivan & Cromwell LLP serves as counsel to TerraForm Power,
Inc.,
and TerraForm Global, Inc.

An official committee of unsecured creditors has been appointed in
the case.  The Committee tapped Weil, Gotshal & Manges LLP as its
general bankruptcy counsel and Morrison & Foerster LLP as special
counsel.  Togut, Segal & Segal LLP and Kobre & Kim LLP serve as
conflicts counsel.  Alvarez & Marsal North America, LLC, serves as
the Committee's financial advisors.

Counsel to the administrative agent under the Debtors' prepetition
first lien credit agreement are Richard Levy, Esq., and Brad
Kotler, Esq., at Latham & Watkins.

Counsel to the administrative agent under the postpetition DIP
financing facility are Scott Greissman, Esq., and Elizabeth Feld,
Esq. at White & Case LLP.

Counsel to the Tranche B Lenders (as defined in the DIP credit
agreement) and the steering committee of the second lien creditors
are Arik Preis, Esq., and Naomi Moss, Esq., at Akin Gump Strauss
Hauer & Field, LLP.

Counsel to the administrative agent under the Debtors' prepetition
second lien credit agreement is Daniel S. Brown, Esq., at
Pillsbury
Winthrop Shaw Pittman LLP.

The collateral trustee under the Debtors' prepetition second lien
credit agreement and the indenture trustee under each of the
Debtors' outstanding bond issuances, is represented by Marie C.
Pollio, Esq., at Shipman & Goodwin LLP.

Counsel to the ad hoc group of certain holders of the Debtors'
convertible senior notes is White & Case LLP's Tom Lauria, Esq.


SUNEDISON INC: Seeks Discovery Conference Over Solaria Rift
-----------------------------------------------------------
Skadden, Apps, Slate, Meagher & Flom LLP, counsel to SunEdison,
Inc., and its debtor-affiliates, asks Judge Stuart M. Bernstein to
hold a pre-motion discovery conference pursuant to Local Bankruptcy
Rule 7007-1.  The request arises from Solaria Corporation's refusal
to provide fact discovery regarding the grounds for its objection
to the Debtors' Solar Materials sale.

By order entered October 25, 2016, the Court approved the Debtors'
sale of the Solar Materials business while preserving certain
objections, including Solaria's objection.  Solaria contends that a
specific asset included in the sale, a prototype piece of R&D
equipment known as a "stringer," is either excluded manufacturing
equipment or contains Solaria's intellectual property.  Solaria
further contends that under a June 30, 2015 license agreement, the
Debtors may not sell the stringer. The license agreement was
terminated via a post-petition stipulation.

Skadden explains that the Debtors disagree with Solaria's
arguments, in part because the stringer was designed by SunEdison.
It was manufactured and sold by a third party, Genesem, under an
agreement between SunEdison and Genesem which specifically warrants
the Debtors' right, title and interest in the stringer, and which
represents that no third party has any intellectual property in the
stringer. Solaria is not mentioned in this agreement.  The Debtors
are unaware of any Solaria intellectual property contained in the
stringer; indeed, it was acquired from Genesem before Solaria and
SunEdison entered into the license agreement on which Solaria
relies.  The Debtors served discovery (document requests and
interrogatories) seeking to ascertain the factual bases for
Solaria's contentions.

Skadden says Solaria's discovery responses identify almost 20
components of the stringer which it now claims as its own. Solaria
contends that under the now-terminated license agreement, the
contested items necessarily fall into one or more categories of
protected Solaria property, but that no discovery should be had of
facts regarding the development of the items in question.

On November 30, 2016, Solaria's belated document production
arrived. Solaria only produced eight documents consisting of
agreements and purchase orders. Solaria did not produce any (i)
emails or communications at all, (ii) documents showing Solaria's
development of its alleged intellectual property, or (iii)
documents identifying any applicable patents, trademarks,
copyrights, or other intellectual property protections.  The
specific responses at issue are Solaria's answers to Interrogatory
Nos. 3-16 and its responses to Document Request Nos. 3-5, 7-9, 11
(as to Solaria-Genesem communications only), and 14.

On December 1, 2016, Skadden sent a letter to Solaria's counsel
outlining the Debtors' concerns regarding Solaria's inadequate
responses and document production. The parties conferred by
telephone on December 2, but Solaria has flatly refused to provide
supplemental discovery regarding the development of its alleged
intellectual property.  On December 5, Solaria provided
supplemental interrogatory responses disclosing the titles and
business address for the persons identified in Solaria's answer to
Interrogatory No. 1, and a corrected form of interrogatory
verification.  Solaria's supplemental responses did not otherwise
address any of the Debtors' concerns.

                       About SunEdison, Inc.

SunEdison, Inc. (OTC PINK: SUNEQ), is a developer and seller of
photovoltaic energy solutions, an owner and operator of clean
power
generation assets, and a global leader in the development,
manufacture and sale of silicon wafers to the semiconductor
industry.

On April 21, 2016, SunEdison, Inc., and 25 of its affiliates each
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos.
16-10991 to 16-11017).  Martin H. Truong, the senior vice
president, general counsel and secretary, signed the petitions.

The Debtors disclosed total assets of $20.7 billion and total debt
of $16.1 billion as of Sept. 30, 2015.

The Debtors have hired Skadden, Arps, Slate, Meagher & Flom LLP as
counsel, Togut, Segal & Segal LLP as conflicts counsel, Rothschild
Inc. as investment banker and financial advisor, McKinsey Recovery
& Transformation Services U.S., LLC, as restructuring advisors and
Prime Clerk LLC as claims and noticing agent.  The Debtors
employed
PricewaterhouseCoopers LLP as financial advisors; and  KPMG LLP as
their auditor and tax consultant.

SunEdison also has tapped Eversheds LLP as its special counsel for
Great Britain and the Middle East.  Cohen & Gresser LLP has also
been retained as special counsel.

The Debtors retained Ernst &Young LLP to provide tax-related
services.  Keen-Summit Capital Partners LLC has been hired as real
estate advisor.  Binswanger of Texas, Inc., also has been retained
as real estate agent.

Sullivan & Cromwell LLP serves as counsel to TerraForm Power,
Inc.,
and TerraForm Global, Inc.

An official committee of unsecured creditors has been appointed in
the case.  The Committee tapped Weil, Gotshal & Manges LLP as its
general bankruptcy counsel and Morrison & Foerster LLP as special
counsel.  Togut, Segal & Segal LLP and Kobre & Kim LLP serve as
conflicts counsel.  Alvarez & Marsal North America, LLC, serves as
the Committee's financial advisors.

Counsel to the administrative agent under the Debtors' prepetition
first lien credit agreement are Richard Levy, Esq., and Brad
Kotler, Esq., at Latham & Watkins.

Counsel to the administrative agent under the postpetition DIP
financing facility are Scott Greissman, Esq., and Elizabeth Feld,
Esq. at White & Case LLP.

Counsel to the Tranche B Lenders (as defined in the DIP credit
agreement) and the steering committee of the second lien creditors
are Arik Preis, Esq., and Naomi Moss, Esq., at Akin Gump Strauss
Hauer & Field, LLP.

Counsel to the administrative agent under the Debtors' prepetition
second lien credit agreement is Daniel S. Brown, Esq., at
Pillsbury
Winthrop Shaw Pittman LLP.

The collateral trustee under the Debtors' prepetition second lien
credit agreement and the indenture trustee under each of the
Debtors' outstanding bond issuances, is represented by Marie C.
Pollio, Esq., at Shipman & Goodwin LLP.

Counsel to the ad hoc group of certain holders of the Debtors'
convertible senior notes is White & Case LLP's Tom Lauria, Esq.


SUNEDISON INC: Urges Court to Compel D&O Mediation
--------------------------------------------------
William Gorta, writing for Bankruptcy Law360, reported that
SunEdison Inc. told a New York bankruptcy court on Dec. 6, 2016,
that it would ask a federal district judge later this month to
consider staying consolidated actions against its directors and
officers so it could return to bankruptcy court days later for an
order for court-supervised mediation.

SunEdison in November agreed with the committee of unsecured
creditors for arbitration with the conditions that should the
arbitration not be approved or fail, the committee would be granted
standing to attempt to claw back assets.

Meanwhile, in court papers filed on Dec. 5, the Debtors advised the
Bankruptcy Court that they propose to proceed with a status
conference at the December 6, 2016 hearing on the Committee's D&O
Standing Motion and D&O Litigation Stay Motion, at which time
further proceedings on the merits, including an evidentiary
hearing, may be scheduled and coordinated with related proceedings
before Judge Castel in the Multidistrict Litigation.

The Debtors also ask that the automatic stay be lifted to the
extent necessary to permit the Debtors and the Committee to
participate before the District Court in seeking mediation/stay
relief in those proceedings.

The Debtors said in court papers their motivation in proposing a
temporary stay and court-ordered mediation is pure and simple -- to
preserve their Insurance Policies from being frittered away by
escalating defense costs in runaway massive litigation, to the
detriment of their estates, creditors and investors plaintiffs who
seek recoveries from those policies.

In view of the amount of coverage available under the Insurance
Policies, the number of parties and pending litigations, and the
extent of damages sought therein, the Debtors knew that getting
all, or even a critical mass, of the necessary parties to the
mediation table would be an impossible cat-herding exercise, absent
judicial intervention.  

SunEdison said, "The avalanche of filings by the litigants in the
D&O Actions in reaction to the Debtors' Response proves that point.
All of the Response Objectors embrace or, at least, pay lip
service to the concept of mediation, but each has its own views on
the details -- when to start, whether participation is
voluntary or compelled, who can/cannot participate, how long, etc.,
etc. Obviously, considering the circumstances here, unless the
mediation (i) is compelled, (ii) includes all parties to the
underlying litigations, and (iii) temporarily stays those actions,
it has little chance of succeeding.  If [the Bankruptcy] Court and
the District Court agree that such a mediation is the proper
course, the other details can be worked out."

The Debtors added that a comprehensive mediation of all interested
parties not only may save the parties, and the courts, tremendous
time, money and resources in litigating them, but also preserve the
bulk of the Insurance Policies' proceeds for the benefit of the
creditors in the Chapter 11 Cases and the plaintiffs in the D&O
Actions.

                       About SunEdison, Inc.

SunEdison, Inc. (OTC PINK: SUNEQ), is a developer and seller of
photovoltaic energy solutions, an owner and operator of clean
power
generation assets, and a global leader in the development,
manufacture and sale of silicon wafers to the semiconductor
industry.

On April 21, 2016, SunEdison, Inc., and 25 of its affiliates each
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos.
16-10991 to 16-11017).  Martin H. Truong, the senior vice
president, general counsel and secretary, signed the petitions.

The Debtors disclosed total assets of $20.7 billion and total debt
of $16.1 billion as of Sept. 30, 2015.

The Debtors have hired Skadden, Arps, Slate, Meagher & Flom LLP as
counsel, Togut, Segal & Segal LLP as conflicts counsel, Rothschild
Inc. as investment banker and financial advisor, McKinsey Recovery
& Transformation Services U.S., LLC, as restructuring advisors and
Prime Clerk LLC as claims and noticing agent.  The Debtors
employed
PricewaterhouseCoopers LLP as financial advisors; and  KPMG LLP as
their auditor and tax consultant.

SunEdison also has tapped Eversheds LLP as its special counsel for
Great Britain and the Middle East.  Cohen & Gresser LLP has also
been retained as special counsel.

The Debtors retained Ernst &Young LLP to provide tax-related
services.  Keen-Summit Capital Partners LLC has been hired as real
estate advisor.  Binswanger of Texas, Inc., also has been retained
as real estate agent.

Sullivan & Cromwell LLP serves as counsel to TerraForm Power,
Inc.,
and TerraForm Global, Inc.

An official committee of unsecured creditors has been appointed in
the case.  The Committee tapped Weil, Gotshal & Manges LLP as its
general bankruptcy counsel and Morrison & Foerster LLP as special
counsel.  Togut, Segal & Segal LLP and Kobre & Kim LLP serve as
conflicts counsel.  Alvarez & Marsal North America, LLC, serves as
the Committee's financial advisors.

Counsel to the administrative agent under the Debtors' prepetition
first lien credit agreement are Richard Levy, Esq., and Brad
Kotler, Esq., at Latham & Watkins.

Counsel to the administrative agent under the postpetition DIP
financing facility are Scott Greissman, Esq., and Elizabeth Feld,
Esq. at White & Case LLP.

Counsel to the Tranche B Lenders (as defined in the DIP credit
agreement) and the steering committee of the second lien creditors
are Arik Preis, Esq., and Naomi Moss, Esq., at Akin Gump Strauss
Hauer & Field, LLP.

Counsel to the administrative agent under the Debtors' prepetition
second lien credit agreement is Daniel S. Brown, Esq., at
Pillsbury
Winthrop Shaw Pittman LLP.

The collateral trustee under the Debtors' prepetition second lien
credit agreement and the indenture trustee under each of the
Debtors' outstanding bond issuances, is represented by Marie C.
Pollio, Esq., at Shipman & Goodwin LLP.

Counsel to the ad hoc group of certain holders of the Debtors'
convertible senior notes is White & Case LLP's Tom Lauria, Esq.


SUNEDISON SEMICONDUCTOR: S&P Affirms Then Withdraws 'B-' CCR
------------------------------------------------------------
S&P Global Ratings affirmed all ratings on St. Peters, Mo.-based
SunEdison Semiconductor Ltd.  At the same time, S&P removed all
ratings from CreditWatch, where it placed them with developing
implications on Feb. 19, 2016.

S&P subsequently withdrew its 'B-' corporate credit rating on
SunEdison Semiconductor.  S&P also withdrew the issue-level and
recovery ratings on the firm's first-lien secured debt.



SUSAN VOGEL: Unsecured Creditors to be Paid 100% Under Latest Plan
------------------------------------------------------------------
Unsecured creditors will be paid in full of their claims under the
latest plan proposed by Susan Waller Vogel to exit Chapter 11
protection.

Under the latest restructuring plan, Class 5 general unsecured
creditors will get 100% of their claims.  They will be paid in
monthly installments of $300.40 for an aggregate amount of
$18,024.45 over 60 months.

The Debtor had previously proposed to pay general unsecured
creditors only 15% or $6,189.25 of their claims.

The plan will be funded by income the Debtor will receive from real
estate commissions. The Debtor has 14 properties currently listed
with Turtle Towne Real Estate, according to the latest disclosure
statement filed on November 10 with the U.S. Bankruptcy Court for
the District of Maryland.

A copy of the second amended disclosure statement is available for
free at https://is.gd/dY4soy

The court is set to hold a hearing on January 9, at 10:00 a.m., to
consider approval of the disclosure statement.  The hearing will be
held at U.S. Courthouse, Courtroom 9-C, 101 West Lombard Street,
Baltimore, Maryland.  

The deadline for filing objections to the disclosure statement is
December 22.

The Debtor is represented by:

     Diana L. Klein, Esq.
     Klein & Associates, LLC
     2450 Riva Road, Suite 200
     Annapolis, MD 21401
     Phone: 443-569-4574
     Email: klein-tp@hotmail.com

                    About Susan Waller Vogel

Susan Waller Vogel is a real estate broker with Turtle Towne Real
Estate and a resident of West River, Maryland.  The Debtor sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Md.
Case No. 15-18961) on June 24, 2015.


SYNICO STAFFING: Seeks to Hire Gary Ankerfelt as Accountant
-----------------------------------------------------------
Synico Staffing, LLC seeks approval from the U.S. Bankruptcy Court
for the District of Minnesota to hire an accountant.

The Debtor proposes to hire Gary Ankerfelt to assist in preparing
financial reports and other documents, and assist in updating its
balance sheet and profit and loss statement.

Mr. Ankerfelt will be paid an hourly rate of $100 for his
services.

In a court filing, Mr. Ankerfelt disclosed that he does not hold
any interest adverse to the Debtor or its bankruptcy estate.

Mr. Ankerfelt maintains an office at:

     Gary Ankerfelt
     1651 Lakeview Court
     Arden Hills, MN 55112

                   About Synico Staffing, LLC

Synico Staffing, LLC, filed a chapter 11 petition (Bankr. D. Minn.

Case No. 16-43471) on Nov. 28, 2016.  The Debtor is represented by
Stephen B. Nosek, Esq.  

The Debtor operates a staffing business.


TAMARACK DEVELOPMENT: Involuntary Chapter 11 Case Summary
---------------------------------------------------------
Alleged Debtor: Tamarack Development Associates, LLC
                501 Woodcreek
                Traverse City, MI 49686

Case Number: 16-06117

Involuntary Chapter 11 Petition Date: December 6, 2016

Court: United States Bankruptcy Court
       Western District of Michigan (Grand Rapids)

Judge: Hon. James W. Boyd

Petitioners' Counsel: Frederick R. Bimber, Esq.
                      FREDERICK R. BIMBER, P.C.
                      109 S. Union St., Ste 304
                      Traverse City, MI 49684
                      Tel: (231) 947-2500
                      E-mail: fbimber@bimberlaw.com
   
   Petitioning
    Creditors                   Nature of Claim  Claim Amount
   -----------                  ---------------  ------------
Comodore Homes LLC              Promissory Notes     $175,462
5035 E. Blue Spruce Lane
Lake Leelanau, MI 49653

FC Real Estate Retirement Plan  Promissory Notes     $244,571
30 S. Wacker Drive, #2600
Chicago, IL 60606

Howard Melam Family Limited     Promissory Notes     $202,314
Partnership
30 Wacker Drive, #2600
Chicago, IL 60606


TARHEEL OIL: Court Allows Cash Collateral Use Until Dec. 13
-----------------------------------------------------------
Judge Benjamin A. Kahn of the U.S. Bankruptcy Court for the Middle
District of North Carolina authorized Tarheel Oil II, Inc. and
Gambill Oil, LLC, to use cash collateral on an interim basis.

Tarheel is indebted to Great State Bank in the approximate amount
of $953,000.  Great State Bank holds a first priority security
interest in all of Tarheel's inventory, accounts and other rights
to payment on the Promissory Note and Security Agreement that
Tarheel executed in favor of Great State Bank.

Tarheel owes BLT Investments, LLC the approximate amount of
$1,870,000.  BLT Investments holds a second priority security
interest in all of Tarheel's equipment, and a third priority
security interest in all of Tarheel's inventory, accounts and other
rights to payment.

Tarheel is also indebted to Yadkin Bank in the approximate amount
of $816,000.  Yadkin Bank does not hold any security interest in
any assets of Tarheel, but holds a security interest in Gambill's
assts to collateralize Tarheel's indebtedness.  Yadkin Bank has a
first priority security interest in all of Gambill's inventory,
equipment, accounts and other rights to payment, and a first
priority security interest in certain vehicles.

The Debtors are jointly indebted to Cary Oil Co., Inc., in the
approximate amount of $1,114,900.  Cary Oil holds a first priority
security interest in all of Tarheel's goods, instruments, chattel
paper, books and records, and a second priority security interest
in all of Tarheel's inventory, accounts and other rights to
payment.

Gambill is indebted to Gambill Oil Company, Inc. JMG Energy
Solutions, Inc. and Jon M. Gambill in the approximate amount of
$684,000. Gambill Oil holds a second priority interest in all of
Gambill's assets, while Jon M. Gambill and JMG hold a third
priority security interest and fifth priority security interest,
respectively, in all of Gambill's assets.

Northwest Property Holdings, LLC, an affiliated entity of Gambill
Oil, JMG and Jon Gambill, claims a fourth priority security
interest in all of Gambill's assets.  The Debtors relate that they
are unable to ascertain if any monies are owed to Northwest
Property Holdings and that they are using best efforts to
investigate the validity, priority, and enforceability of
Northwest's claim.

Yadkin Bank, to whom Gambill owes $500,000, holds a sixth priority
security interest in all of Gambill's inventory, equipment,
accounts and other rights to payment.

The Debtors contended that they do not have in place, any credit
facility which would allow for them to borrow funds for the purpose
of operation, thereby requiring them to use the cash generated from
their prepetition and postpetition operations to pay all expenses
incurred in the ordinary course of business.

The approved Budget provides for total expenses in the amount of
$45,300 for December 2016 and $40,100 for January 2017.

The Debtors were authorized to use cash collateral through the
earliest of:

     (1) the entry of a further order authorizing the use of cash
collateral;

     (2) the entry of an order terminating the authorization
granted pursuant to the Court's Interim Order; or

     (3) Dec. 13, 2016.

Great State Bank, Cary Oil, BLT Investments, Yadkin Bank, Gambill
Oil, Jon M. Gambill, Northwest Property Holdings, and JMG were
granted perfected and enforceable liens to the same extent as their
pre-petition liens in their collateral in and upon the assets and
property of the Debtors' bankruptcy estate.  The creditors were
further granted perfected and enforceable liens to the same extent
as their pre-petition liens in their collateral in and upon the
cash received by the Debtors, as security for the amount of the
collateral used by the Debtors on or after November 15, 2016.

The Chapter 11 Trustee was authorized to spend any and all monies
necessary to secure a $1,000,000 bond.

A further hearing on the Debtors' Cash Collateral Motion is
scheduled on Dec. 13, 2016 at 9:30 a.m.

A full-text copy of the Interim Order dated Dec. 2, 2016, is
available at
http://bankrupt.com/misc/TarHeelOil2016_1650216_156.pdf

Gambill Oil Company, Inc., Northwest Property, LLC, and JMG Energy
Solutions, Inc. can be reached at:

          GAMBILL OIL COMPANY, INC.
          NORTHWEST PROPERTYL, LLC
          JMG ENERGY SOLUTIONS, INC.
          937 Town N. Country Blvd.
          Wilkesboro, NC 28697

Jon Gambill can be reached at:

          JON GAMBILL
          937 Town N. Country Road
          Wilkesboro, NC 28697
          E-mail: gambilljon@hotmail.com

Cary Oil Co., Inc. can be reached at:

          CARY OIL CO., INC.
          110 MacKenan Drive, Suite 300
          Cary, NC 27511
          E-mail: dons@caryoil.com

Great State Bank can be reached at:

          GREAT STATE BANK
          1422 US Highway 421A
          Wilkesboro, NC 28697
          E-mail: rpearson@greatstatebank.com

                      About Tar Heel Oil II

Tar Heel Oil II, Inc. and Gambill Oil, LLC sought protection under
Chapter 11 of the Bankruptcy Code  (Bankr. M.D.N.C. Case Nos.
16-50216 and 16-50217) on March 4, 2016. The petitions were signed
by Arthur H. Lankford, president.

Tar Heel Oil disclosed assets of $3.18 million and debts of $6.03
million.  Gambill Oil disclosed assets of $986,674 and debts of
$3.28 million.

The Debtors are represented by Charles M. Ivey, III, Esq., at Ivey,
McClellan, Gatton, & Siegmund, LLP. The case is assigned to Judge
Benjamin A. Kahn.  

J.P. Cournoyer was appointed Chapter 11 Trustee for Tar Heel Oil
II, Inc. and Gambill Oil, LLC.


TOM SAWYER ISLAND: Case Summary & 4 Unsecured Creditors
-------------------------------------------------------
Debtor: Tom Sawyer Island 11, LLC
        5339 East Paoli Way
        Long Beach, CA 90803

Case No.: 16-25959

Chapter 11 Petition Date: December 5, 2016

Court: United States Bankruptcy Court
       Central District of California (Los Angeles)

Judge: Hon. Sandra R. Klein

Debtor's Counsel: Michael Avanesian, Esq.
                  AVANESIAN LAW FIRM
                  801 N. Brand Blvd., Suite #1130
                  Glendale, CA 91203
                  Tel: 818-276-2477
                  Fax: 818-208-4550
                  E-mail: michael@avanesianlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $500,000 to $1 million

The petition was signed by Stephanie Mendoza, manager.

A copy of the Debtor's list of four unsecured creditors is
available for free at:

        http://bankrupt.com/misc/cacb16-25959.pdf


TRANS ENERGY: Now a Wholly-Owned Subsidiary of EQT Corp
-------------------------------------------------------
As previously reported, on Oct. 24, 2016, Trans Energy, Inc.
entered into an Agreement and Plan of Merger with EQT Corporation,
a Pennsylvania corporation, and WV Merger Sub, Inc., a Nevada
corporation and a wholly owned subsidiary of EQT ("Purchaser").

As required under the Merger Agreement, the Purchaser commenced a
tender offer to purchase all of the Company's outstanding shares of
common stock, par value $0.001 per share, at a purchase price of
$3.58 per share, net to seller in cash without interest thereon and
less any required withholding tax, upon the terms and subject to
the conditions set forth in the Offer to Purchase, dated
Oct. 27, 2016, and the related Letter of Transmittal, each as
amended or supplemented from time to time.

On Nov. 29, 2016, EQT and the Purchaser announced the completion of
the Offer.  The Offer expired at 12:00 midnight, New York City
time, at the end of the day on Nov. 28, 2016.  According to
Computershare Trust Company, N.A., the depositary for the Offer,
15,315,515 shares of Common Stock were validly tendered and not
withdrawn.  On Nov. 29, 2016, the Purchaser accepted for payment
all shares of Common Stock that were validly tendered and not
withdrawn, and payment for those shares of Common Stock,
aggregating approximately $54.8 million, was made, in accordance
with the terms of the Offer.

Following the completion of the Offer and the exercise of a "Top-Up
Option", on Dec. 5, 2016, pursuant to the terms of the Merger
Agreement and applicable law, the Purchaser merged with and into
the Company, with the Company surviving as a wholly owned
subsidiary of EQT, and without the need for a meeting of the
Company's stockholders.  At the Effective Time, each outstanding
share of Common Stock not tendered and accepted under the Offer
(other than shares owned by EQT or Purchaser and shares as to which
appraisal rights are perfected in accordance with Nevada law), was
cancelled and converted into the right to receive an amount equal
to the Offer Price in cash, without interest and less any required
withholding taxes.

In addition, at the Effective Time,

   * Each stock option to purchase shares of Common Stock that was
     outstanding immediately prior to the Effective Time, whether
     or not then vested or exercisable, was automatically canceled
     by virtue of the Merger and, in consideration for such
     cancellation, each holder of such Stock Options became
     entitled to receive within 30 days following the Effective
     Time, an amount in cash (without interest and less any
     required withholding taxes) equal to (i) the excess, if any,
     of (a) the Offer Price over (b) the exercise price per share
     subject to such Stock Option, multiplied by (ii) the total
     number of shares subject to such Stock Option; and

   * Each share of restricted Common Stock that was outstanding
     immediately prior to the Effective Time was canceled by
     virtue of the Merger and in consideration for such
     cancellation, each holder of Restricted Shares became
     entitled to receive from the Company not later than 30 days
     following the Effective Time, an amount in cash (without
     interest and less any required withholding taxes) equal to
     the Offer Price.

In connection with the Merger, on Dec. 5, 2016, the Company repaid
in full all outstanding loans, together with interest and all other
amounts due in connection with such repayment, under that certain
credit agreement dated May 21, 2014, by and among the Company's
wholly owned subsidiary American Shale Development, Inc., the
several lenders thereunder, and Morgan Stanley Capital Group Inc.
as the administrative agent, and terminated the Credit Agreement.
No penalties were due in connection with such repayment.

In connection with the repayment under the Credit Agreement,
American Shale and the Agent also terminated the Net Profits
Interest that had been previously issued under a Net Profits
Interest Agreement between American Shale and the Agent dated
May 21, 2014.

In addition, in connection with the repayment under the Credit
Agreement, the Company settled all of its outstanding oil and gas
hedging agreements with the Agent, including those entered into on
May 21, 2014, Aug. 20, 2014, April 27, 2015, and Dec. 23, 2014.

Following completion of the Merger, the Company is now a wholly
owned subsidiary of EQT.  The Company filed with the SEC a
certification on Form 15 requesting the deregistration of the
Common Stock under Section 12(g) of the Securities Exchange Act of
1934, as amended, and the suspension of the Company's reporting
obligations under Sections 13 and 15(d) of the Exchange Act.

The completion of the Offer was conditioned upon there being
validly tendered a number of shares of Common Stock that, together
with shares of Common Stock owned by EQT, the Purchaser or any of
their respective affiliates, would represent at least a majority of
the issued and outstanding Common Stock on a fully diluted basis.
The parties agreed that if, after the purchase of the Common Stock
pursuant to the Offer and after giving effect to any shares of
Common Stock purchased pursuant to the Top-Up Option, EQT, the
Purchaser or their respective affiliates owned at least 90% of the
outstanding Common Stock, then, following the satisfaction or
waiver of the other conditions to the closing of the Merger, EQT
would effect a "short-form" Merger pursuant to applicable Nevada
law, which would not require a meeting of the Company’s
stockholders.

If the Minimum Tender Condition was satisfied but the 90% threshold
referred to in the preceding paragraph was not, the Company was
obligated to issue to the Purchaser, at a price per share equal to
the Offer Price, a number of shares of Common Stock that, when
added to the number of shares of Common Stock then owned by EQT,
the Purchaser or their respective affiliates at the time of the
exercise of the Top-Up Option, would constitute one share more than
90% of the shares of Common Stock outstanding on a fully diluted
basis.  On Dec. 5, 2016, the Company issued 16,744,682 Top-Up
Shares to Purchaser for aggregate consideration of approximately
$16,745 in cash and a promissory note in the amount of
approximately $59.9 million.  This promissory note is fully secured
by the Top-Up Shares, is full recourse against EQT and the
surviving corporation, bears interest at the rate of two percent
per annum, matures on Dec. 5, 2017, and may be prepaid without
premium or penalty.

The Top-Up Shares were issued in a transaction not constituting a
public offering, exempt from the registration requirements of the
Securities Act of 1933, as amended, pursuant to Section 4(a)(2)
thereof.

At the Effective Time, each outstanding share of Common Stock,
other than shares of Common Stock owned by EQT, the Purchaser or
stockholders perfecting their appraisal rights under Nevada law,
was converted into the right to receive cash in an amount equal to
the Offer Price.

As a result of Purchaser's acceptance of shares of Common Stock in
the Offer on Nov. 29, 2016, a change of control of the Company
occurred.  At the Effective Time, the Company became a wholly owned
subsidiary of EQT.  The total consideration in connection with the
change of control transaction was approximately $203 million,
including $57.8 million for the outstanding shares of Common Stock
and $142.5 million for the repayment of the Company's debt.  The
source of such funds was cash on hand.

All of the persons serving as the Company's directors immediately
prior to the Effective Time, John G. Corp., Loren E. Bagley,
William F. Woodburn, Robert L. Richards, Richard L. Starkey,
Stephen P. Lucado and Josh L. Sherman, resigned effective as of the
Effective Time.  In addition, each of the Company's executive
officers, John G. Corp, president, and Stephen P. Lucado, chairman
and treasurer, resigned effective as of the Effective Time.

At the Effective Time, the bylaws of the Company were amended and
restated in accordance with the terms of the Merger Agreement.

                 Deregistration of Securities

The Company filed a post-effective amendment relating to the
registration statement on Form S-8 filed with the Securities and
Exchange Commission on Oct. 17, 2000.  The Registration Statement
registered 2,000,000 shares of common stock, par value $0.001 per
share of Trans Energy under the Trans Energy, Inc. Stock Option
Plan 2000.  As a result of the Merger, the offerings pursuant to
the Registration Statement have been terminated.

                        About Trans Energy

St. Mary's, West Virginia-based Trans Energy, Inc. (OTC BB: TENG)
-- http://www.transenergyinc.com/-- is an independent energy
company engaged in the acquisition, exploration, development,
exploitation and production of oil and natural gas.  Its
operations are presently focused in the State of West Virginia.

Trans Energy reported a net loss of $19.6 million on $12.4 million
of total operating revenues for the year ended Dec. 31, 2015,
compared to a net loss of $12.5 million on $27.2 million of total
operating revenues for the year ended Dec. 31, 2014.

As of Sept. 30, 2016, Trans Energy had $77.93 million in total
assets, $149.4 million in total liabilities and a total
stockholders' deficit of $71.48 million.

Maloney + Novotny LLC, in Cleveland, Ohio, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company has generated
significant losses from operations and has a working capital
deficit of $116,998,273 at Dec. 31, 2015, which together raises
substantial doubt about the Company's ability to continue as a
going concern.


TRAVELPORT WORLWIDE: Takes Action to Enhance Operational Efficiency
-------------------------------------------------------------------
Travelport Worldwide Limited committed to undertake, a course of
action to enhance and optimize the Company's operational and
technological efficiency.  The Program involves (1) consolidating
the multiple technology vendors with which the Company currently
works, (2) establishing a new centralized quality assurance
function and (3) consolidating the Company's three existing U.S.
technology hubs in Atlanta, Denver and Kansas City into two centers
of excellence in Atlanta and Denver.

The Company expects total charges in connection with the Program to
be approximately $27 million to $31 million.  Of this,
approximately $6 million was incurred during the nine months ended
Sept. 30, 2016, with a further approximately $5 million expected to
be incurred during the fourth quarter of 2016.  The Company expects
total charges to include approximately $14 million to $16 million
in severance and employee-related obligations and approximately $13
million to $15 million in implementation costs. The Company expects
that substantially all of these costs will be cash expenditures.
The Company may also incur other charges not currently contemplated
due to events that may occur as a result of, or associated with,
the Program.  The Program is expected to be substantially completed
within 12 to 18 months, after which the Company expects annualized
cost savings of approximately $19 million to $23 million as a
result of implementing the Program.

                 About Travelport Worldwide

Travelport Worldwide Limited is a travel commerce platform
providing distribution, technology, payment and other solutions for
the global travel and tourism industry.

Travelport reported net income attributable to the Company of $16
million for the year ended Dec. 31, 2015, compared to net income
attributable to the Company of $86 million for the year ended
Dec. 31, 2014.

As of Sept. 30, 2016, Travelport had $2.90 billion in total assets,
$3.20 billion in total liabilities and a total deficit of $301.3
million.

As reported by the TCR on March 8, 2016, Standard & Poor's Ratings
Services raised to 'B+' from 'B' its long-term corporate credit
rating on U.K.-based travel services provider Travelport Worldwide
Ltd.  The outlook is stable.

                       *    *     *

This concludes the Troubled Company Reporter's coverage of
Travelport Worldwide until facts and circumstances, if any, emerge
that demonstrate financial or operational strain or difficulty at a
level sufficient to warrant renewed coverage.


UCI INT'L: Bankruptcy Court Confirms Plan of Reorganization
-----------------------------------------------------------
UCI International, LLC, on Dec. 6, 2016, disclosed that the U.S.
Bankruptcy Court for the District of Delaware confirmed its plan of
reorganization.  The confirmation order marks a key milestone in
the 6 month reorganization process and positions the Company for
emergence from bankruptcy at year-end.

"UCI is pleased with the outcome of the restructuring process which
significantly de-levers the Company and positions the business for
future growth," said Brian Whittman, UCI's Chief Restructuring
Officer.  "We thank our employees, customers, suppliers, lenders
and bondholders as well as the Official Unsecured Creditors
Committee for their support in reaching this successful outcome."

UCI's restructuring will reduce the Company's funded debt by
approximately $380 million.  UCI expects to close on a $120 million
asset-based lending facility provided by Wells Fargo Bank, National
Association, Citizens Bank, National Association, and BMO Harris
Bank N.A. at emergence to fund plan distributions and the Company's
ongoing operations.

Alvarez & Marsal, Moelis & Company LLC, and Sidley Austin LLP
advised the Company on its restructuring.

UCI's principal operating subsidiaries include Airtex Products,
L.P., ASC Industries, Inc., and Champion Laboratories, Inc. For
more information on the Company's chapter 11 reorganization visit
http://cases.gcginc.com/uci/or call (855) 907-3238.

                    About UCI International

UCI International, LLC, headquartered in Lake Forest, IL, designs,
manufactures, and distributes vehicle replacement parts, including
a broad range of filtration, fuel delivery systems, and cooling
systems products in the automotive, trucking, marine, mining,
construction, agricultural, and industrial vehicles markets.

UCI and its affiliates sought Chapter 11 protection (Bankr. D. Del.
Lead Case No. 16-11355) on June 1, 2016.  

The Debtors are represented by lawyers at Sidley Austin LLP.
Alvarez & Marsal provides the company with financial advice and
Moelis & Company LLC is the Debtors' investment banker.  Garden
City Group serves as the Debtors' Claims Agent.  

The United States Trustee appointed an Official Committee of
Unsecured Creditors, which has retained Morrison & Foerster LLP as
proposed counsel, and Cole Schotz PC as Delaware co-counsel.  Zolfo
Cooper LLC has been retained as bankruptcy consultant and financial
advisor for the Committee.

Willkie Farr & Gallagher LLP and Morris Nichols Arsht & Tunnell LLP
represent an ad hoc group of unaffiliated noteholders of the 8.625%
senior unsecured notes issued by UCI International.

                          *     *     *

On Oct. 13, 2016, the Debtors filed their revised joint plan of
reorganization  and accompanying disclosure statement.  On Oct. 14,
the Bankruptcy Court entered an order approving the Disclosure
Statement and directing Garden City Group to commence the
solicitation of votes on the Joint Plan.

On Dec. 6, 2016 at 2:00 p.m. (ET), the Bankruptcy Court will
conduct a hearing on the confirmation of the Joint Plan.  The
deadline to object to and/or vote on the Joint Plan was Nov. 28,
2016.

In addition, on Oct. 14, 2016, the Bankruptcy Court authorized the
Debtors to commence a rights offering to holders of the Debtors'
senior notes for $30 million of new second lien secured debt and
1.5 million shares of new common stock.  To conduct the rights
offering, the Debtors are utilizing the Depository Trust Company's
Automated Tender Offer Program.


UCI INTERNATIONAL: Wins Confirmation of Chapter 11 Plan
-------------------------------------------------------
The Delaware bankruptcy court on Dec. 6, 2016, issued Findings Of
Fact, Conclusions Of Law, And Order Confirming The Joint Plan Of
Reorganization For UCI International, LLC And Its Debtor Affiliates
Proposed By The Debtors, The Ad Hoc Committee Of Senior Noteholders
And The Official Committee Of Unsecured Creditors.

Under the Plan, about $400 million of unsecured note debt will be
converted into new equity.  UCI will conduct a new rights offering
to provide liquidity for its post-emergence operations.

Vince Sullivan, writing for Bankruptcy Law360, reported that during
a confirmation hearing in Wilmington, UCI attorney Geoffrey King of
Sidley Austin LLP told the court that numerous objections had been
resolved before the hearing and the confirmation process could
proceed on a mostly consensual basis.

On Oct. 13, 2016, the Debtors filed their revised joint plan of
reorganization  and accompanying disclosure statement.  On October
14, the Bankruptcy Court entered an order approving the Disclosure
Statement and directing Garden City Group to commence the
solicitation of votes on the Joint Plan.

On Oct. 14, 2016, the Bankruptcy Court authorized the Debtors to
commence a rights offering to holders of the Debtors' senior notes
for $30 million of new second lien secured debt and 1.5 million
shares of new common stock.  To conduct the rights offering, the
Debtors are utilizing the Depository Trust Company's Automated
Tender Offer Program.

A copy of the Confirmation Order is available at:

          http://bankrupt.com/misc/deb16-11354-0992.pdf

                     About UCI International

UCI International, LLC, headquartered in Lake Forest, IL, designs,
manufactures, and distributes vehicle replacement parts, including
a broad range of filtration, fuel delivery systems, and cooling
systems products in the automotive, trucking, marine, mining,
construction, agricultural, and industrial vehicles markets.

UCI and its affiliates sought Chapter 11 protection (Bankr. D.
Del. Lead Case No. 16-11355) on June 1, 2016.  The Debtors are
represented by lawyers at Sidley Austin LLP.  Alvarez & Marsal
provides the company with financial advice and Moelis & Company
LLC is the Debtors' investment banker.  Garden City Group serves
as the Debtors' Claims Agent.  Wilmington Trust is the Indenture
Trustee for a  $400-million issue of 8.625% Senior Notes Due 2019.

The United States Trustee appointed an Official Committee of
Unsecured Creditors, which has retained Morrison & Foerster LLP as
proposed counsel, and Cole Schotz PC as Delaware co-counsel.
Zolfo Cooper LLC has been retained as bankruptcy consultant and
financial advisor for the Committee.

Willkie Farr & Gallagher LLP and Morris Nichols Arsht & Tunnell LLP
represent an ad hoc group of unaffiliated noteholders of the 8.625%
senior unsecured notes issued by UCI International.


UNITED MOBILE: Filing of Exit Plan Extended Through Dec. 19
-----------------------------------------------------------
Judge Barbara Ellis-Monro of the U.S. Bankruptcy Court for the
Northern District of Georgia extended United Mobile Solutions,
LLC's exclusive period within which to file a plan of
reorganization through and including Dec. 19, 2016.

The Debtor's exclusive period within which to solicit acceptances
of a Plan is extended through and including Feb. 15, 2017.

                      About United Mobile

United Mobile Solutions, LLC, filed a Chapter 11 petition (Bankr.
N.D. Ga. Case No. 16-62537) on July 20, 2016.  The petition was
signed by Kil Won Lee, president.  

The Debtor is a carrier master dealer that operates and manages
approximately 20 retail cellular phone stores.  The Debtor's
corporate offices are located in Norcross, Georgia.

The Debtor is represented by Cameron M. McCord, Esq., at Jones &
Walden, LLC.  The Debtor estimated its assets at $0 to $50,000 and
its liabilities at $1 million to $10 million at the time of the
filing.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of United Mobile Solutions, LLC,
as of Nov. 8, according to a court docket.


UNIVERSAL HEALTH: Moody's Retains Ba1 CFR Amid Cambian Deal
-----------------------------------------------------------
Moody's Investors Service commented that Universal Health Services,
Inc.'s (UHS) announcement that it has signed a definitive agreement
to acquire the adult services division of UK based Cambian Group
PLC for approximately $479 million is a modest credit negative.
Moody's believes that the transaction will initially increase
leverage and weaken the company's liquidity. However, there is no
impact on UHS' ratings, including its Ba1 Corporate Family and
Ba1-PD Probability of Default Ratings.  The rating outlook remains
stable.

Universal Health Services, Inc., based in King of Prussia,
Pennsylvania, owns and/or operates 240 acute care hospitals and
behavioral health facilities.  Facilities are located in 37 states,
Washington, D.C., the United Kingdom, Puerto Rico and the U.S.
Virgin Islands.  Revenue for the twelve months ended
Sept. 30, 2016, approximated $9.6 billion.



VALUEPART INC: U.S. Trustee Adds Modena Parts to Committee
----------------------------------------------------------
U.S. Trustee William T. Neary on Dec. 6, 2016, added Modena Parts
S.R.L. as member of the official committee of unsecured creditors
of ValuePart, Incorporated.

As reported by the Troubled Company Reporter on Dec. 5, 2016, the
U.S. Trustee on Nov. 30 appointed three creditors of the Debtor's
creditors to serve on the committee.

The committee are now consists of four members:

     (1) Federal-Mogul
         Michael Duffy
         North America Credit Manager
         27300 West 11 Mile Road
         Southfield, MI 48033
         Phone: 248-354-1491
         Fax: 248-354-8159
         Email: michael.duffy@federalmogul.com

     (2) Kunshan Taiheiya Precision Machinery
         K Yoshida
         President and Chairman of Board
         No. 588, Shengguang Road
         Shipai Business Administration Park
         Bacheng, Kunshan, Jiangsu, China
         Email: kyoshida@taiheiyo-seiki.co.jp
         Email: keijiyoshida0213@outlook.jp

     (3) Pukdoo Industrial Co., Ltd
         Seungwoo Lee
         General Manager
         90, Beonnyeong-Ro Danwon-Gu
         Ansan-Si, Gyeonggi-Do
         Korea 15416
         Phone: +82-31-433-4521
         Fax: +82-31-432-4450
         Email: pukdoo@pukdoo.com

     (4) Modena Parts S.R.L.
         Gabriele Verucchi
         Director
         Via Raimondo Dalla Costa 183
         Modena, Italy
         Tel: 39-0597108905
         Fax: 39-059260732
         E-mail: gabriele@modenaparts.com

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

                  About 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 filed a Chapter 11 petition (Bankr. N.D. Tex. Case No.
16-34169), on Oct. 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.


VECTOR GROUP: Egan-Jones Lowers Commercial Paper Rating to B
------------------------------------------------------------
Egan-Jones Ratings Company, on Nov. 17, 2016, downgraded the
commercial paper rating on Vector Group Ltd. to B from A3.

Vector Group Ltd. is a holding company. The Company is engaged in
the manufacture and sale of cigarettes in the United States through
its Liggett Group LLC (Liggett) and Vector Tobacco Inc. (Vector
Tobacco) subsidiaries; the sale of electronic cigarettes
(e-cigarettes) in the United States through its Zoom E-Cigs LLC
(Zoom) subsidiary, and the real estate business through its New
Valley LLC subsidiary, which is seeking to acquire or invest in
additional real estate properties or projects.



WESTERN REFINING: Egan-Jones Lowers Sr. Unsec. Ratings to BB+
-------------------------------------------------------------
Egan-Jones Ratings Company, on Nov. 17, 2016, downgraded the senior
unsecured ratings on debt issued by Western Refining Inc. to BB+
from BBB-.

Western Refining, Inc., headquartered in El Paso, Texas, is an
independent refining and marketing company that operates three
refineries.



WINTHROP REALTY: Egan-Jones Withdrews BB+ Sr. Unsecured Ratings
---------------------------------------------------------------
Egan-Jones Ratings Company, on Nov. 18, 2016, withdrew the BB+
senior unsecured ratings on debt issued by Winthrop Realty Trust.

Winthrop Realty Trust is a real estate investment company. The
Company acquires, holds, and manages a diverse real estate
portfolio. Holdings include enclosed shopping malls, downtown
office buildings, apartment complexes, and mortgage loans.



[^] Recent Small-Dollar & Individual Chapter 11 Filings
-------------------------------------------------------
In re Alpha Constructors, LLC
   Bankr. M.D. Fla. Case No. 16-04272
      Chapter 11 Petition filed November 21, 2016
         See http://bankrupt.com/misc/flmb16-04272.pdf
         Filed Pro Se

In re Richard LaHaye and Cindy LaHaye
   Bankr. W.D. La. Case No. 16-51592
      Chapter 11 Petition filed November 22, 2016
         represented by: Thomas E. St. Germain, Esq.
                         WEINSTEIN LAW FIRM
                         E-mail: ecf@weinlaw.com

In re Michele Ann Mayer
   Bankr. S.D. Cal. Case No. 16-07171
      Chapter 11 Petition filed November 25, 2016
         represented by: Andrew Moher, Esq.
                         MOHER LAW GROUP
                         E-mail: amoher@moherlaw.com

In re Arctic Corner, Inc.
   Bankr. D.N.J. Case No. 16-32469
      Chapter 11 Petition filed November 25, 2016
         See http://bankrupt.com/misc/njb16-32469.pdf
         represented by: Scott Eric Kaplan, Esq.
                         SCOTT E. KAPLAN, LLC
                         E-mail: scott@sekaplanlaw.com

In re Eduardo Garcia
   Bankr. C.D. Cal. Case No. 16-25561
      Chapter 11 Petition filed November 25, 2016
         represented by: Onyinye N. Anyama, Esq.
                         ANYAMA LAW FIRM
                         E-mail: onyi@anyamalaw.com

In re Axiom Worldwide Inc.
   Bankr. M.D. Fla. Case No. 16-10078
      Chapter 11 Petition filed November 27, 2016
         See http://bankrupt.com/misc/flmb16-10078.pdf
         represented by: Frank A. Principe, Esq.
                         E-mail: prinlaw@prodigy.net

In re John E. Curtin, III and Jacqueline H. Curtin
   Bankr. D.N.J. Case No. 16-32503
      Chapter 11 Petition filed November 27, 2016
         represented by: Timothy P. Neumann, Esq.
                         BROEGE, NEUMANN, FISCHER & SHAVER
                         E-mail: timothy.neumann25@gmail.com

In re Paradise Medspa & Wellness PLLC
   Bankr. D. Ariz. Case No. 16-13066
      Chapter 11 Petition filed November 15, 2016
         See http://bankrupt.com/misc/azb16-13066.pdf
         represented by: Randy Nussbaum, Esq.
                         NUSSBAUM GILLIS & DINNER, P.C.
                         E-mail: rnussbaum@ngdlaw.com

In re LSS Holdings I, LLC
   Bankr. D. Ariz. Case No. 16-13483
      Chapter 11 Petition filed November 28, 2016
         Filed Pro Se

In re Tammy S. Hileman
   Bankr. D. Ariz. Case No. 16-13486
      Chapter 11 Petition filed November 28, 2016
         represented by: Mark B. Pyper, Esq.
                         OWENS & PYPER PLC
                         E-mail: pyperlaw@aol.com

In re Scotti Holdings, LLC
   Bankr. N.D. Fla. Case No. 16-50316
      Chapter 11 Petition filed November 28, 2016
         See http://bankrupt.com/misc/flnb16-50316.pdf
         represented by: Thomas B. Woodward, Esq.
                         E-mail: woodylaw@embarqmail.com

In re Pelican Partners
   Bankr. E.D. La. Case No. 16-12902
      Chapter 11 Petition filed November 28, 2016
         See http://bankrupt.com/misc/laeb16-12902.pdf
         represented by: Edwin M. Shorty, Jr., Esq.
                         EDWIN M. SHORTY, JR. & ASSOCIATES
                         E-mail: EShorty@eshortylawoffice.com

In re Progressive Crop Service, LLC
   Bankr. N.D. Ohio Case No. 16-62431
      Chapter 11 Petition filed November 28, 2016
         See http://bankrupt.com/misc/ohnb16-62431.pdf
         represented by: Edwin H. Breyfogle, Esq.
                         E-mail: edwinbreyfogle@sssnet.com

In re Ronnie Keith Oliver
   Bankr. E.D. Tenn. Case No. 16-33507
      Chapter 11 Petition filed November 28, 2016
         represented by: Keith L Edmiston, Esq.
                         EDMISTON FOSTER
                         E-mail: keith.edmiston@edmistonfoster.com

In re White Wing Weaponry LLC
   Bankr. E.D. Tex. Case No. 16-42144
      Chapter 11 Petition filed November 28, 2016
         See http://bankrupt.com/misc/txeb16-42144.pdf
         represented by: Rosa R. Orenstein, Esq.
                         ORENSTEIN LAW GROUP
                         E-mail: rosa@orenstein-lg.com

In re EXCEL Staffing Services, Inc
   Bankr. E.D. Va. Case No. 16-35795
      Chapter 11 Petition filed November 28, 2016
         See http://bankrupt.com/misc/vaeb16-35795.pdf
         represented by: Paula S. Beran, Esq.
                         TAVENNER & BERAN, PLC
                         E-mail: pberan@tb-lawfirm.com

In re David Goodrich Properties LLC
   Bankr. D. Vt. Case No. 16-11500
      Chapter 11 Petition filed November 28, 2016
         See http://bankrupt.com/misc/vtb16-11500.pdf
         represented by: Todd Taylor, Esq.
                         LAW OFFICES OF TODD TAYLOR
                         E-mail: ttlaw@toddtaylorlawoffices.com
In re Bernadette Chapman
   Bankr. C.D. Cal. Case No. 16-20430
      Chapter 11 Petition filed November 28, 2016
         represented by: Todd L Turoci, Esq.
                         THE TUROCI FIRM
                         E-mail: mail@theturocifirm.com

In re La Printex Industries Inc.
   Bankr. C.D. Cal. Case No. 16-25606
      Chapter 11 Petition filed November 28, 2016
         See http://bankrupt.com/misc/cacb16-25606.pdf
         Filed Pro Se

In re John Allen Yanchunis, Sr.
   Bankr. M.D. Fla. Case No. 16-10109
      Chapter 11 Petition filed November 28, 2016
         See http://bankrupt.com/misc/flmb16-10109.pdf
         Filed Pro Se

In re Gary Michael Slagle, II
   Bankr. D. Md. Case No. 16-25559
      Chapter 11 Petition filed November 28, 2016
         See http://bankrupt.com/misc/mdb16-25559.pdf
         Filed Pro Se

In re Christopher Sabin Nassif
   Bankr. C.D. Cal. Case No. 16-13382
      Chapter 11 Petition filed November 29, 2016
         represented by: M. Jonathan Hayes, Esq.
                         SIMON RESNIK HAYES LLP
                         E-mail: jhayes@srhlawfirm.com

In re Excellence Holding, LLC
   Bankr. M.D. Fla. Case No. 16-07750
      Chapter 11 Petition filed November 29, 2016
         See http://bankrupt.com/misc/flmb16-07750.pdf
         represented by: Michael E. Golub, Esq.
                         MICHAEL E. GOLUB, P.A.
                         E-mail: golublawoffice@aol.com

In re Teekoy Investments, LLC
   Bankr. S.D. Fla. Case No. 16-25892
      Chapter 11 Petition filed November 29, 2016
         See http://bankrupt.com/misc/flsb16-25892.pdf
         represented by: Barry S. Mittelberg, Esq.
                         BARRY S MITTELBERG, P.A.
                         E-mail: barry@mittelberglaw.com

In re Ronald Michael
   Bankr. N.D. Ind. Case No. 16-23334
      Chapter 11 Petition filed November 29, 2016
         represented by: Gordon E. Gouveia, Esq.
                         E-mail: geglaw@gouveia.comcastbiz.net

In re TDW Realty, Inc.
   Bankr. D. Mass. Case No. 16-42002
      Chapter 11 Petition filed November 29, 2016
         See http://bankrupt.com/misc/mab16-42002.pdf
         represented by: Daniel I. Cotton, Esq.
                         WOLFSON, KEENAN, COTTON & MEAGHER
                         E-mail: danlcott@aol.com

In re David Herbert Hunt
   Bankr. D. Mont. Case No. 16-61163
      Chapter 11 Petition filed November 29, 2016
         represented by: Gary S. Deschenes, Esq.
                         DESCHENES & ASSOCIATES
                         E-mail: descheneslaw@dalawmt.com

In re Multi Task Security Corp.
   Bankr. S.D.N.Y. Case No. 16-13357
      Chapter 11 Petition filed November 29, 2016
         See http://bankrupt.com/misc/nysb16-13357.pdf
         represented by: Michael A. King , Esq.
                         LAW OFFICE OF MICHAEL A. KING
                         E-mail: romeo1860@aol.com

In re Lucky Duck Campground, LLC
   Bankr. D. Or. Case No. 16-63434
      Chapter 11 Petition filed November 29, 2016
         See http://bankrupt.com/misc/orb16-63434.pdf
         represented by: Ted A Troutman, Esq.
                         TROUTMAN LAW FIRM P.C.
                         E-mail: tedtroutman@gmail.com

In re Landmark Inc.
   Bankr. M.D. Pa. Case No. 16-04844
      Chapter 11 Petition filed November 29, 2016
         See http://bankrupt.com/misc/pamb16-04844.pdf
         Filed Pro Se

In re Mid Tenn Exteriors, Inc.
   Bankr. M.D. Tenn. Case No. 16-08514
      Chapter 11 Petition filed November 29, 2016
         See http://bankrupt.com/misc/tnmb16-08514.pdf
         represented by: Steven L. Lefkovitz, Esq.
                         LAW OFFICES LEFKOVITZ & LEFKOVITZ
                         E-mail: slefkovitz@lefkovitz.com

In re Larry G Bizzle
   Bankr. W.D. Tenn. Case No. 16-12502
      Chapter 11 Petition filed November 29, 2016
         represented by: Thomas Harold Strawn, Jr., Esq.
                         STRAWN & EDWARDS, PLLC
                         E-mail: tstrawn42@bellsouth.net

In re WWW Retail LLC
   Bankr. E.D. Tex. Case No. 16-42145
      Chapter 11 Petition filed November 29, 2016
         See http://bankrupt.com/misc/txeb16-42145.pdf
         represented by: Rosa R. Orenstein, Esq.
                         ORENSTEIN LAW GROUP
                         E-mail: rosa@orenstein-lg.com

In re Gary Lee Steingroot
   Bankr. E.D. Cal. Case No. 16-27854
      Chapter 11 Petition filed November 29, 2016
         represented by: Edward A. Smith, Esq.

In re Giovanni Agostino Nanci and Stephanie Suzanne Nanci
   Bankr. C.D. Cal. Case No. 16-20563
      Chapter 11 Petition filed November 30, 2016
         represented by: Javier H Castillo, Esq.
                         HERITAGE PACIFIC LAW GROUP, P.C.
                         E-mail: jhcecf@gmail.com

In re John Richard Bjorner
   Bankr. N.D. Cal. Case No. 16-11025
      Chapter 11 Petition filed November 30, 2016
         represented by: Michael C. Fallon, Esq.
                         LAW OFFICES OF MICHAEL C. FALLON
                         E-mail: mcfallon@fallonlaw.net

In re Mark Jeffrey Alperstein and Lori Alperstein
   Bankr. M.D. Fla. Case No. 16-10246
      Chapter 11 Petition filed November 30, 2016
         represented by: Jake C. Blanchard, Esq.
                         BLANCHARD LAW, P.A.
                         E-mail: jake@jakeblanchardlaw.com

In re Lucky Boy Racing, LLC
   Bankr. S.D. Fla. Case No. 16-25930
      Chapter 11 Petition filed November 30, 2016
         See http://bankrupt.com/misc/flsb16-25930.pdf
         represented by: Stan Riskin, Esq.
                         ADVANTAGE LAW GROUP, P.A.
                         E-mail: stan.riskin@gmail.com

In re Good Fight of Faith Assembly, Inc.
   Bankr. W.D. La. Case No. 16-81296
      Chapter 11 Petition filed November 30, 2016
         See http://bankrupt.com/misc/lawb16-81216.pdf
         represented by: L. Laramie Henry, Esq.
                         E-mail: laramie@henry-law.com

In re Egira, LLC
   Bankr. D. Md. Case No. 16-25686
      Chapter 11 Petition filed November 30, 2016
         See http://bankrupt.com/misc/mdb16-25686.pdf
         represented by: Marc Robert Kivitz, Esq.
                         LAW OFFICE OF Marc R. Kivitz
                         E-mail: mkivitz@aol.com

In re Ronald T. Childress
   Bankr. S.D. Miss. Case No. 16-52067
      Chapter 11 Petition filed November 30, 2016
         represented by: Nicholas Van Wiser, Esq.
                         E-mail: nwiser@byrdwiser.com

In re Bliss of NJ LLC
   Bankr. D.N.J. Case No. 16-32723
      Chapter 11 Petition filed November 30, 2016
         See http://bankrupt.com/misc/njb16-32723.pdf
         represented by: John O'Boyle, Esq.
                         NORGAARD O'BOYLE
                         E-mail: joboyle@norgaardfirm.com

In re Jean Marianne McLane
   Bankr. D.R.I. Case No. 16-12053
      Chapter 11 Petition filed November 30, 2016
         represented by: Joseph P. Casale, Esq.
                         AQUIDNECK LEGAL CENTER LLC
                         E-mail: aquidnecklegal@aol.com
In re Se Y Oh
   Bankr. C.D. Cal. Case No. 16-14883
      Chapter 11 Petition filed November 30, 2016
         represented by: Stephen R Wade, Esq.
                         THE LAW OFFICES OF STEPHEN R WADE
                         E-mail: srw@srwadelaw.com

In re Marco Tulio Palma
   Bankr. E.D. Cal. Case No. 16-27960
      Chapter 11 Petition filed December 1, 2016
         Filed Pro Se

In re Pet Cafe, Inc. d/b/a Caffe Martier
   Bankr. S.D. Fla. Case No. 16-26067
      Chapter 11 Petition filed December 1, 2016
         See http://bankrupt.com/misc/flsb16-26067.pdf
         represented by: Chad T Van Horn, Esq.
                         VAN HORN LAW GROUP, P.A.
                         E-mail: Chad@cvhlawgroup.com

In re Richy Inc.
   Bankr. E.D.N.Y. Case No. 16-45421
      Chapter 11 Petition filed December 1, 2016
         See http://bankrupt.com/misc/nyeb16-45421.pdf
         represented by: Alla Kachan, Esq.
                         LAW OFFICES OF ALLA KACHAN, P.C.
                         E-mail: alla@kachanlaw.com

In re Rozina Realty Holdings Inc.
   Bankr. E.D.N.Y. Case No. 16-45429
      Chapter 11 Petition filed December 1, 2016
         See http://bankrupt.com/misc/nyeb16-45429.pdf
         Filed Pro Se

In re 239 Warwick Corp.
   Bankr. E.D.N.Y. Case No. 16-45437
      Chapter 11 Petition filed December 1, 2016
         See http://bankrupt.com/misc/nyeb16-45437.pdf
         Filed Pro Se

In re Joe Landrick Ard
   Bankr. S.D. Tex. Case No. 16-35956
      Chapter 11 Petition filed December 1, 2016
         Filed Pro Se

In re Ebony Cherie Certain
   Bankr. D. Nev. Case No. 16-16442
      Chapter 11 Petition filed December 2, 2016
         represented by: Brandy L Brown, Esq.
                         KUNG & ASSOCIATES
                         E-mail: bbrown@ajkunglaw.com

In re James E. Crofts and Cheryl L. Crofts
   Bankr. D. Ariz. Case No. 16-13690
      Chapter 11 Petition filed December 2, 2016
         See http://bankrupt.com/misc/azb16-13690.pdf
         represented by: Allan D NewDelman, Esq.
                         ALLAN D NEWDELMAN, P.C.
                         E-mail: anewdelman@adnlaw.net

In re David Ray Bower
   Bankr. D. Colo. Case No. 16-21737
      Chapter 11 Petition filed December 2, 2016
         represented by: Jeffrey S. Brinen, Esq.
                         E-mail: jsb@kutnerlaw.com

In re Church of Christ of Old National Inc.
   Bankr. N.D. Ga. Case No. 16-71510
      Chapter 11 Petition filed December 2, 2016
         Filed Pro Se

In re Northport Bay Inc.
   Bankr. E.D.N.Y. Case No. 16-75598
      Chapter 11 Petition filed December 2, 2016
         See http://bankrupt.com/misc/nyeb16-75598.pdf
         Filed Pro Se

In re Bettye Jeanne Rigdon
   Bankr. N.D. Tex. Case No. 16-44620
      Chapter 11 Petition filed December 2, 2016
         represented by: Jeff P. Prostok, Esq.
                         FORSHEY & PROSTOK, LLP
                         E-mail: jpp@forsheyprostok.com

In re T&T Air, LLC
   Bankr. S.D. Tex. Case No. 16-35969
      Chapter 11 Petition filed December 2, 2016
         See http://bankrupt.com/misc/txsb16-35969.pdf
         Filed Pro Se

In re JG GP LLC
   Bankr. S.D. Tex. Case No. 16-35970
      Chapter 11 Petition filed December 2, 2016
         See http://bankrupt.com/misc/txsb16-35970.pdf
         Filed Pro Se

In re Advanced Solids Control, LLC
   Bankr. W.D. Tex. Case No. 16-52748
      Chapter 11 Petition filed December 2, 2016
         See http://bankrupt.com/misc/txwb16-52748.pdf
         represented by: William R. Davis, Jr., Esq.
                         LANGLEY & BANACK, INC.
                         E-mail: wrdavis@langleybanack.com

In re Magnum Movers, LLC
   Bankr. W.D. Tex. Case No. 16-52753
      Chapter 11 Petition filed December 2, 2016
         See http://bankrupt.com/misc/txwb16-52753.pdf
         represented by: Dean William Greer, Esq.
                         E-mail: dwgreer@sbcglobal.net

In re PBA Executive Suites, LLC
   Bankr. S.D. Fla. Case No. 16-26136
      Chapter 11 Petition filed December 3, 2016
         See http://bankrupt.com/misc/flsb16-26136.pdf
         represented by: Brian K. McMahon, Esq.
                         E-mail: briankmcmahon@gmail.com

In re L & G Hair Studio, LLC
   Bankr. E.D. Va. Case No. 16-14107
      Chapter 11 Petition filed December 3, 2016
         See http://bankrupt.com/misc/vaeb16-14107.pdf
         represented by: Edward Gonzalez, Esq.
                         LAW OFFICE OF EDWARD GONZALEZ, P.C.
                         E-mail: EG@money-law.com

In re Litho-Tech, Inc.
   Bankr. D.N.J. Case No. 16-33122
      Chapter 11 Petition filed December 4, 2016
         See http://bankrupt.com/misc/njb16-33122.pdf
         represented by: Kevin S. Quinlan, Esq.
                         E-mail: ksqesqct@comcast.net

In re D.F.P., Inc.
   Bankr. E.D.N.Y. Case No. 16-75604
      Chapter 11 Petition filed December 4, 2016
         See http://bankrupt.com/misc/nyeb16-75604.pdf
         represented by: Michael G. McAuliffe, Esq.
                         THE LAW OFFICE OF MICHAEL G. MCAULIFFE
                         E-mail: mgmlaw@optonline.net

In re Rosalinda Eckhardt
   Bankr. S.D. Tex. Case No. 16-50238
      Chapter 11 Petition filed December 4, 2016
         represented by: Jesse Blanco, Jr., Esq.
                         E-mail: lawyerjblanco@gmail.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
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

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.

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S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
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Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
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Editors.

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