/raid1/www/Hosts/bankrupt/TCR_Public/161209.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Friday, December 9, 2016, Vol. 20, No. 343

                            Headlines

21ST CENTURY: Chief Accounting Officer Joseph Biscardi Resigns
A. H. COOMBS: Court Allows Use of GVS Cash Until Jan. 31
A. H. COOMBS: Wants $458K DIP Loan From Kirch & Todd
ABEINSA HOLDINGS: Spars with Portland General Over Exit Plan
ABENGOA KANSAS: Seeks March 6 Plan Filing Period Extension

AFFINITY HEALTH: Updates Policies for Risks of Elopement, PCO Says
ALLEN CONSTRUCTION: Unsecureds To Be Paid 100% in 12Yrs, at 3.5%
ALLY FINANCIAL: Copy of Goldman Sachs Conference Presentation
ALTA MESA: Prices Upsized $500-Mil. Senior Notes Offering
AMPLIPHI BIOSCIENCES: Reports Favorable Results from AB-SA01 Trial

ANTERO RESOURCES: S&P Assigns 'BB' Rating on $550MM Sr. Notes
APVO CORPORATION: Chapter 15 Case Summary
APVO CORPORATION: Seeks U.S. Recognition of French Proceeding
ATKORE INT'L: Moody's Hikes Corporate Family Rating to B1
ATKORE INT'L: S&P Raises CCR to 'B+' on Loan Repayment

AZURE MIDSTREAM: Obtains Covenant Default Waivers Until Dec. 18
B & B FAMILY: Hires Turoci Firm as Counsel
BCDG LP: Hires Johnson Doerhoefer as Accountants
BEVERLY ANN CARL: Gets Approval of Plan to Exit Bankruptcy
BIOLIFE SOLUTIONS: Borrows $1 Million from WAVI Holding

BURCON NUTRASCIENCE: Charles Chan Reports 22% Stake as of Nov. 30
CAESARS ENTERTAINMENT: Says UST Main Obstacle to Plan Approval
CASS PROPERTIES: Hires Kern as Bankruptcy Counsel
CERATECH INC: Hires Hirschler Fleischer as Bankruptcy Counsel
CONNECT TRANSPORT: PriorityOne, Magnolia Bank Tap Mullin, Henderson

CONTROL VALVE: Taps Loftin, James Gaidry as Special Counsel
CRITICAL CAR: Hires Steven R. Fox as Counsel
CUMULUS MEDIA: S&P Lowers CCR to 'CC' on Debt Exchange Plan
DIAMOND XPRESS: U.S. Trustee Tries To Block Disclosures Approval
DICKIE POH: Voluntary Chapter 11 Case Summary

DIOCESE OF STOCKTON: Panel Taps William Bettinelli as Reviewer
DIRECTBUY HOLDINGS: Hires Carl Marks as Investment Banker
DIRECTBUY HOLDINGS: Hires Prime Clerk as Administrative Advisor
DONALD R. SWEAT: US Trustee Tries To Block OK of Disclosures
DORCH COMMUNITY: Hires R. Patten Watson as Accountant

EARTH PRODUCTS: Hires Forshey & Prostok as Attorneys
ELBIT IMAGING: Plaza Subsidiary Acquires EUR 10-Mil. Bank Loan
ELBIT IMAGING: Signs EUR 1.2 Million Settlement with Klepierre
ENERGY FUTURE: Jan. 4 Disclosure Statement Hearing Set
EQUINIX INC: Asset Purchase No Impact on Moody's Ba3 CFR

ERICKSON INC: Begins Syndicate Participation in DIP Term Facility
ESPRESSO DREAM: Taps Auction Advisors to Market Leases
ETERNAL ENTERPRISE: Use of Hartford Cash Until Dec. 31 Okayed
EXPERIMENTAL MACHINE: Hires Scarlett, Croll & Myers as Attorneys
GAURI-SHANKAR LP: U.S. Trustee Unable to Appoint Committee

GAWKER MEDIA: Baseball Analyst, Got News Balk at Plan
GAWKER MEDIA: Writers Urge Court to Approve Plan, Releases
GENE CHARLES: Seeks to Hire Mazurkraemer as Legal Counsel
GEO V. HAMILTON: Plan Filing Period Extended to March 31
GO DADDY: S&P Affirms 'BB-' CCR & Revises Outlook to Negative

GUIDED THERAPEUTICS: Incurs $390,000 Net Loss in Third Quarter
HAMPSHIRE GROUP: U.S. Trustee Forms 5-Member Committee
HILLSIDE OFFICE: Wants Feb. 10 Plan Filing Period Extension
HOOPER HOLMES: Releases Copy of December Investor Presentation
HUTCHESON MEDICAL: Ch.11 Trustee Hires Doffermyre as Counsel

IAD PROPERTIES: Hires Bobbie U. Vardan as Bankruptcy Counsel
III TOMATO: Pa. DoR To Be Paid From Sale Proceeds
INTRALINKS INC: Merger Deal Has No Impact on Moody's B2 CFR
INTRALINKS INC: S&P Puts 'B+' CCR on CreditWatch Negative
J & K JIMENEZ: Disclosures Okayed, Plan Hearing on April 6

JAMES A. CRIPE: Must File Amended Plan & Disclosures by Jan. 6
JEFFREY L. MILLER: Wants Court Approval for Cash Collateral Use
JERSEY SHORE: Disclosures Okayed, Plan Hearing on Jan. 19
KAISER GYPSUM: Committee Taps A&M as Financial Advisor
KAISER GYPSUM: Committee Taps Sussman Shank as Special Counsel

KENDALL LAKE TOWERS: Disclosure Statement Hearing on Jan. 18
LA4EVER LLC: Allowed to Use Southport Cash Until Dec. 31
LANDWELL MANAGEMENT: Hires Berger as Bankruptcy Counsel
LEN-TRAN INC: Hearing on Disclosure Statement Set For Jan. 11
LEVITT HOMES: Unsecureds To Recoup 70% Under Plan

LIFSCHULTZ ESTATE: Files Ch. 11 Liquidating Plan
LINN ENERGY: Amends Plan to Incorporate Berry Backstop Agreement
LIVING COLOUR: Exclusive Plan Filing Period Extended to Feb. 15
LNT SERVICES: Hires Trenk DiPasquale as Attorney
LUCK DUCK: Seeks to Hire Troutman as Legal Counsel

MALKHAZI MIKADZE: Jan. 24 Plan Confirmation Hearing
MARETTE PACE: Unsecureds To Get 59 Monthly Payments of $250
MARYVALE HOLDINGS: Case Summary & 2 Unsecured Creditors
MEMORIAL PRODUCTION: S&P Lowers CCR to 'D' on Coupon Non-Payment
MICHAEL BISHOP: Disclosures Okayed, Plan Hearing on Jan. 12

NATURAL MOLECULAR: Trustee Taps Graham & Jensen as Special Counsel
NAUGHTON PLUMBING: Can Use Western Alliance Bank Cash Collateral
NEOVASC INC: Provides Update on Tiara Mitral Valve Clinical Program
NEVADA GAMING: Can Get DIP Loan From NGP Stephanie Property
NEW CAL-NEVA: Hires Hartman & Hartman as Local Bankruptcy Counsel

NEW ENTERPRISE: Amends Stock Restriction & Management Agreement
NEXT STAGE: Voluntary Chapter 11 Case Summary
OLIVER C&I: Seeks to Hire Villafane & Oti as External Auditor
ON CALL FLAGGING: U.S. Trustee Unable to Appoint Committee
PARETEUM CORP: Sells Add'l $50,000 Series A-1 Preferred Stock

PEEK, AREN'T YOU: Hires Ellis Bristol Harmon as Accountants
PERFORMANCE SPORTS: 341 Creditors' Meeting Continued to Dec. 19
PERFORMANCE SPORTS: Investors Want D&O Suit to Proceed
PHARMACOGENETICS DIAGNOSTIC: Has Until Jan. 16 to Use SYBTC Cash
PHARMACOGENETICS DIAGNOSTIC: Taps Bingham as Special Counsel

PIONEER ENERGY: Has Public Offering of 9 Million Common Shares
PLATINUM PARKING: Seeks to Hire Bielli & Klauder as Legal Counsel
PRINTING AND BIKE: Court Grants Final OK to Disclosure Statement
PUBLIC FINANCE: Moody's Withdraws Caa2 Revenue Bonds Ratings
QUANTUM CORP: VIEX Funds Report 10.9% Stake as of Dec. 2

QUEST SOLUTION: Spins-Off Canadian Subsidiary to Viascan Group
R.C.A. RUBBER: Hires Brennan Manna as Bankruptcy Counsel
REGIS GALERIE: Court Allows Cash Collateral Use Through March 5
RICHARD WHITE: Disclosures Okayed, Plan Hearing on Jan. 5
RODERICK BARTON: Wilmington Savings Will Be Paid in Full at 5%

ROOT9B TECHNOLOGIES: Effects a 1-for-15 Split, Moves to Colorado
RYNARD PROPERTIES: Case Summary & 3 Unsecured Creditors
SATISH WALIA: Creditors to Get Prorated Portion of $35K in 72 Mos.
SCHROEDER BROTHERS: Seeks to Hire Pittman as Legal Counsel
SCHROEDER BROTHERS: U.S. Trustee Forms 3-Member Committee

SEANERGY MARITIME: Amends $15 Million Securities Prospectus
SECOND SOUTHERN BAPTIST: Hires MK Property as Real Estate Broker
SED INTERNATIONAL: Taps Heritage & FB as Investment Banker
SERVICEBURY LLC: Seeks to Hire John Sommerstein as Legal Counsel
SIGEL'S BEVERAGE: Seeks to Hire Pronske Goolsby as Legal Counsel

SIGEL'S BEVERAGES: Hires Pronske Goolsby as Counsel
SNEED SHIPBUILDING: Trustee Taps Hughes Watters as Legal Counsel
SNUG HARBOR: Court Extends Exclusive Plan Filing Period to Feb. 5
SPECTACULARX INC: Use of Compass Bank Cash on Final Basis Allowed
STATEWIDE UTILITY: Hires Bisom Law Group as Counsel

SUBMARINA INC: Creditor Plan Proposes To Pay $35,217 To Unsecureds
SUNOPTA FOODS: S&P Assigns 'CCC+' Rating on US$231MM Sr. Notes
TALEN ENERGY: Moody's Cuts Corporate Family Rating to B1
TAR HEEL OIL: Trustee Seeks to Hire Northen Blue as Legal Counsel
TERENCE SCOTT HIGDON: PLan Confirmation Hearing on Feb. 1

TEXAS STUDENT: S&P Puts Revenue Bonds' 'B' Rating on Watch Neg.
TK HOLDINGS: Hires Thomas F. Quinn as Bankruptcy Counsel
TLC HEALTH: No Decline in the Medical Care, 17th PCO Report Says
UROTECH INC: Hires Homel Mercado as Attorney
US CONCRETE: Moody's Hikes Corporate Family Rating to B1

VAPOR CORP: Intends to Repurchase Outstanding Series A Warrants
VEGA ALTA: U.S. Trustee Directed to Appoint PCO
VOICEPULSE INC: Seeks to Hire Bederson as Valuation Expert
WG PARTNERS: S&P Assigns 'BB' Rating on $245MM Sr. Sec. Term Loan
WILDWOOD CREST: Seeks to Hire Larry Feinstein as Legal Counsel

WILSTO ENTERPRISES: Must File Plan & Disclosures by May 1
WINDMILL RESERVE: Seeks April 8 Plan Filing Period Extension
XTERA COMMUNICATIONS: Taps Cowen and Company as Investment Banker
[*] UNICTRAL to Consider Proposal on Arbitration & Insolvency
[^] BOOK REVIEW: Oil Business in Latin America: The Early Years


                            *********

21ST CENTURY: Chief Accounting Officer Joseph Biscardi Resigns
--------------------------------------------------------------
Joseph Biscardi, the senior vice president, assistant treasurer,
controller, chief accounting officer and principal accounting
officer of 21st Century Oncology Holdings, Inc., informed the
Company that he will resign from those positions, effective as of
Dec. 23, 2016.  LeAnne M. Stewart, the Company's chief financial
officer, will assume the additional role of principal accounting
officer until a permanent replacement is appointed, as disclosed in
a regulatory filing with the Securities and Exchange Commission.

                      About 21st Century

Fort Myers, Florida-based 21st Century Oncology Holdings, Inc.
(NYSEMKT:ICC), formerly Radiation Therapy Services Holdings, Inc.,
is a physician-led provider of integrated cancer care (ICC)
services.  It operates an integrated network of cancer treatment
centers and affiliated physicians in the world which, as of
December 31, 2015, deployed approximately 947 community-based
physicians in the fields of radiation oncology, medical oncology,
breast, gynecological, general surgery and urology.  As of December
31, 2015, the Company's physicians provided medical services at
approximately 375 locations, including over 181 radiation therapy
centers, of which 59 operated in partnership with health systems.
Its cancer treatment centers in the United States are operated
under the 21st Century Oncology brand.

As of Sept. 30, 2016, 2st Century had $1.05 billion in total
assets, $1.39 billion in total liabilities, $472.34 million in
series A convertible redeemable preferred stock, $19.24 million in
non-controlling interests - redeemable and a total deficit of
$833.89 million.

                          *     *     *

As reported by the TCR on Nov. 4, 2016, S&P Global Ratings lowered
its corporate credit rating on 21st Century Oncology Holdings Inc.
to 'SD' from 'CCC' and removed the ratings from CreditWatch, where
they were placed with negative implications on May 17, 2016.  "The
downgrade follows 21st Century's announcement that it failed to
make the Nov. 1, 2016, interest payment on the 11.0% senior
unsecured notes due 2023," said S&P Global Ratings credit analyst
Matthew O'Neill.  Given S&P's view of the company's debt level as
unsustainable, and ongoing restructuring discussions, it do not
expect a payment to be made within the grace period.


A. H. COOMBS: Court Allows Use of GVS Cash Until Jan. 31
--------------------------------------------------------
Judge William T. Thurman of the U.S. Bankruptcy Court for the
District of Utah authorized A. H. Coombs, LLC and CHC Development
Co., Inc., to use GVS Holdings, LLC's cash collateral on a final
basis, until Jan. 31, 2017.

The approved Budget provides for total expenses in the amount of
$262,497 for the months of November 2016 through January 2017.

GVS Holdings was granted a continuing, perfected, replacement lien
consisting of a first priority lien in post-petition rents,
inventory, accounts, general intangibles, property acquired
postpetition, and their proceeds.  GVS Holdings was further granted
a superpriority administrative claim against the Debtor's estate
senior to all other administrative expenses.

The Debtors were directed to make monthly adequate protection
payments of $25,000 to GVS Holdings.

Full-text copies of the Orders, dated Dec. 5, 2016, are available
at
http://bankrupt.com/misc/AHCoombs2016_1625559_150.pdfand  
http://bankrupt.com/misc/CHCDevelopment2016_1625558_167.pdf

                   About A. H. Coombs, LLC

CHC Development Co., Inc., was incorporated in 1976 to develop and
operate a business as the Green Valley Spa Resort.  A.H. Coombs,
LLC, was created about the same time to own and hold the real
property where CHC would operate the Spa Resort.

CHC Development Co. and A.H. Coombs, LLC, filed Chapter 11
bankruptcy petitions (Bankr. D. Utah. Case No. 16-25558 and
16-25559) on June 25, 2016.  The petitions were signed by Alan H.
Coombs, president.

CHC estimated assets at $0 to $50,000 and liabilities at $100,001
to $500,000 at the time of the filing.  A.H. Coombs estimated
assets and debt at $0 to $50,000 at the time of the filing.


A. H. COOMBS: Wants $458K DIP Loan From Kirch & Todd
----------------------------------------------------
Judge William T. Thurman of the U.S. Bankruptcy Court for the
District of Utah authorized A. H. Coombs, LLC and CHC Development,
Co. Inc., to obtain unsecured postpetition financing from Kirch &
Todd Real Estate, LLC, d/b/a Kirch & Todd Lending.

Judge Thurman acknowledged that the Debtors have immediate and
ongoing needs to obtain unsecured post-petition financing to:

     (1) fund operational shortfalls for the Debtors' business;

     (2) pay the administrative expenses of the chapter 11 cases;

     (3) perform repairs to maintain the value of the collateral
and the Debtors' business;

     (4) make adequate protection and interest payments to GVS
Holdings, Inc., the Debtors' alleged secured creditor; and

     (5) fund the formulation, solicitation, and confirmation of a
chapter 11 plan to reorganize the Debtors' business.

Judge Thurman authorized the Debtors to obtain periodic DIP Loans
on an as-need basis from the DIP Lender, up to the maximum amount
of $458,192.  Interest was fixed at 15% per annum, or after the
occurrence of an event of default, 20% per annum.

The approved Budget for the months of November 2016 through January
2017, provided for total expenses in the amount of $262,497.

The DIP Lender is granted an allowed super-priority administrative
claim with respect to the DIP Loans over any and all administrative
expenses, subject to the Carve Out.

The Carve Out consists of all the fees of the Court, all the fees
of the United States Trustee, and allowed claims of the Debtor's
professionals not to exceed $100,000.

A full-text copy of the Orders, dated Dec. 5, 2016, is available at

http://bankrupt.com/misc/AHCoombs2016_1625559_151.pdfand  
http://bankrupt.com/misc/CHCDevelopment2016_1625558_168.pdf

                 About A. H. Coombs, LLC

CHC Development Co., Inc., was incorporated in 1976 to develop and
operate a business as the Green Valley Spa Resort.  A.H. Coombs,
LLC, was created about the same time to own and hold the real
property where CHC would operate the Spa Resort.

CHC Development Co. and A.H. Coombs, LLC, filed Chapter 11
bankruptcy petitions (Bankr. D. Utah. Case No. 16-25558 and
16-25559) on June 25, 2016.  The cases are assigned to Judge
William T. Thurman.  The petitions were signed by Alan H. Coombs,
president.  

CHC estimated assets at $0 to $50,000 and liabilities at $100,001
to $500,000 at the time of the filing.  A.H. Coombs estimated
assets and debt at $0 to $50,000 at the time of the filing.


ABEINSA HOLDINGS: Spars with Portland General Over Exit Plan
------------------------------------------------------------
The American Bankruptcy Institute, citing Tom Hals and Tracy
Rucinski of Reuters, reported that Abeinsa Holding Inc., a U.S.
subsidiary of Spanish renewable energy firm Abengoa SA, pressed a
judge on Dec. 6, 2016, to approve its plan to exit bankruptcy over
objections from a holdout creditor, who said the plan violated U.S.
law by favoring the company's foreign parent.

According to Reuters, after more than three hours of testimony and
arguments, U.S. Bankruptcy Judge Kevin Carey in Wilmington,
Delaware, said he wanted additional written submissions from the
parties. He did not say when he would rule, the report related.

"This (plan) allows the debtor to give creditors a meaningful
recovery with substantial upside and gives Abengoa a fresh start in
the United States," said Abeinsa lawyer Richard Chesley at the
December 6 hearing, the report further related. "It brings to
prompt conclusion one of the most complex Chapter 11 and
cross-border restructurings in recent memory."

The lone objecting creditor, Portland General Electric Corp.,
argued the plan violated U.S. bankruptcy law, which requires a
shareholder to relinquish its entire investment if creditors are
not paid in full, the report said. Abeinsa's creditors are expected
to receive only pennies on the dollar, the report noted.

Portland General Electric is involved in litigation with an Abengoa
affiliate over a botched power plant project and its lawyer, Al
Smith, argued the various bankrupt Abengoa affiliates hold more
cash than the parent is investing to retain control, the report
added.

"Every penny that is going into this plan, which is purportedly
from Abengoa, is coming from the debtors themselves," Mr. Smith
told Reuters.

                       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.


ABENGOA KANSAS: Seeks March 6 Plan Filing Period Extension
----------------------------------------------------------
Abengoa Bioenergy Biomass of Kansas, LLC asks the U.S. Bankruptcy
Court for the District of Kansas to extend its exclusive periods
for filing a chapter 11 plan of reorganization from December 6,
2016 to March 6, 2017, and for soliciting acceptances to the plan
from February 6, 2017 to May 8, 2017.

The Debtor relates that the Court had approved the sale of
substantially all of its assets to Synata Bio, Inc. for a price of
$48,500,000.  The Debtor further relates that the Sale was
scheduled to close on December 8, 2016.

The Debtor tells the Court that with the Sale almost complete, the
Debtor, together with its advisors, is now focused on developing a
Plan.  The Debtor further tells the Court that it also seeks to
work with the Official Committee of Unsecured Creditors and its
advisors, as well as other interested parties in this chapter 11
case, in order to attempt to consensually resolve any potential
issues with a proposed Plan, to save estate resources and wind down
this chapter 11 case in a timely and efficient fashion.

The Debtor contends that an extension of the Exclusivity Periods
will allow the Debtor to develop and take all the necessary steps
to implement the strategy that will result in the best outcome for
all stakeholders of the Debtor.

Abengoa Bioenergy Biomass of Kansas, LLC is represented by:

          Christine L. Schlomann, Esq.
          Richard W. Engel, Jr., Esq.
          Erin M. Edelman, Esq.
          ARMSTRONG TEASDALE LLP
          2345 Grand Blvd., Suite 1500
          Kansas City, MO 64108
          Telephone: (816) 472-3153
          Email: cschlomann@armstrongteasdale.com
                 rengel@armstrongteasdale.com
                 eedelman@armstrongteasdale.com

               - and -

          Vincent P. Slusher, Esq.
          David E. Avraham, Esq.
          DLA PIPER LLP (US)
          1717 Main Street, Suite 4600
          Dallas, TX 75201-4629
          Telephone: (214) 743-4500
          Email: vince.slusher@dlapiper.com
                 david.avraham@dlapiper.com

               - and -

          R. Craig Martin, Esq.
          Kaitlin M. Edelman, Esq.
          DLA PIPER LLP (US)
          1201 North Market Street, Suite 2100
          Wilmington, DE 19801
          Telephone: (302) 468-5700
          Facsimile: (302) 394-2341
          Email: craig.martin@dlapiper.com
                 kaitlin.edelman@dlapiper.com

              Abengoa Bioenergy Biomass of Kansas, LLC

On March 23, 2016, three subcontractors asserting disputed state
law lien claims against Abengoa Bioenergy Biomass of Kansas, LLC
filed an involuntary petition under chapter 7 of the Bankruptcy
Code.  The case was converted to a case under chapter 11 of the
Bankruptcy Code (Bankr. D. Kan. Case No. 16-10446) on April 8,
2016.

In April 2016, Chief Bankruptcy Judge Robert E. Nugent denied the
request of Abengoa Bioenergy Biomass of Kansas, LLC to transfer its
case to the Bankruptcy Court for the District of Delaware where
cases involving its indirect parent companies and other affiliates
are pending.  Judge Nugent said the facts and unique circumstances
surrounding the debtor and its known creditors do not warrant
transferring the case.

The Debtor is represented by Christine L. Schlomann, Esq., Richard
W. Engel, Jr., Esq., and Erin M. Edelman, Esq., at Armstrong
Teasdale LLP, Vincent P. Slusher, Esq., David E. Avraham, Esq., R.
Craig Martin, Esq., and Kaitlin M. Edelman, Esq., at DLA Piper LLP
(US).

Petitioning creditor Brahma Group, Inc. is represented by W. Rick
Griffin, Esq. -- wrgriffin@martinpringle.com -- and Samantha M
Woods, Esq. -- smwoods@martinpringle.com -- at Martin Pringle
Oliver Wallace & Bauer.  Petitioning creditors CRB Builders LLC and
Summit Fire Protection Co. are represented by Robert M. Pitkin,
Esq. -- rPitkin@hab-law.com -- and Danne W Webb, Esq. --
dwebb@hab-law.com -- at Horn Aylward & Bandy LLC.

The Official Committee of Unsecured Creditors are represented in
the Kansas bankruptcy case by:

     Adam L Fletcher, Esq.
     Michelle Manzoian, Esq.
     Alexis C Beachdell, Esq.
     Michael A VanNiel, Esq.
     Kelly S Burgan, Esq.
     Baker & Hostetler LLP
     Key Tower, 127 Public Square, Suite 2000
     Cleveland, OH 44114-1214
     Tel: 216-621-0200
     Fax: 216-696-0740
     E-mail: afletcher@bakerlaw.com
             mmanzoian@bakerlaw.com
             abeachdell@bakerlaw.com
             mvanniel@bakerlaw.com
             kburgan@bakerlaw.com

          - and -

     Robert L. Baer, Esq.
     Cosgrove, Webb & Oman
     534 S. Kansas Avenue, Suite 1100
     Topeka, KS 66603
     Tel: 785-235-9511
     Fax: 785-235-2082


AFFINITY HEALTH: Updates Policies for Risks of Elopement, PCO Says
------------------------------------------------------------------
Nancy Shaffer, the Patient Care Ombudsman appointed for Affinity
Health Care Management, Inc., et al., filed a report with the U.S.
Bankruptcy Court for the District of Connecticut on the quality of
patient care provided to residents.

The PCO reported that the Debtor's nursing facility at Blair Manor
reviewed and corrected its policy as it relates to the October 2016
deficient practice resulting in the Immediate Jeopardy (IJ).  The
PCO added that the IJ has been removed by the Department of Public
Health (DPH).

Moreover, a review of the other two Debtor's home policies at
Douglas Manor and Ellis Manor was conducted and its policies were
updated to reflect best practices for individuals at risk for
elopement from the nursing homes.

Further, the PCO noted that there have not been any complaints made
relating to the care or services of residents at all of the
Debtor's nursing facilities.

            About Affinity Health Care Management

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

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

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

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


ALLEN CONSTRUCTION: Unsecureds To Be Paid 100% in 12Yrs, at 3.5%
----------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Wisconsin is
set to hold a hearing on December 15, at 10:00 a.m., to consider
approval of the disclosure statement explaining the Chapter 11 plan
of Allen Construction Services, Inc.

The plan proposes to pay in full holders of Class 6 general
non-priority unsecured claims.  These creditors will be paid within
12 years of confirmation of the plan in quarterly installments at
3.5% interest.

Class 6 creditors will share pro rata in each quarterly
distribution in the amount of $27,234.  The total amount to be paid
by the company is $1,096,750.30.

The plan also provides for payment in full of all allowed secured
and priority claims.

The company's continued operations and revenues will generate the
funds needed to implement the plan, according to its latest
disclosure statement filed on November 10.  A copy of the second
amended disclosure statement is available for free at
https://is.gd/bPdn5N

Allen Construction is represented by:

     Eliza M. Reyes, Esq.
     Krekeler Strother, S.C.  
     2901 West Beltline Highway, Suite 301
     Madison, WI 53713
     Phone: 608-258-8555
     Fax: 608-258-8299
     Email: ereves@ks-lawfirm.com
     Email: jschank@ks-lawfirm.com

                    About Allen Construction

Headquartered in Deerfield, Wisconsin, Allen Construction Services,
Inc. dba Allen Kitchen and Bath filed for Chapter 11 bankruptcy
protection (Bankr. W.D. Wis. Case No. 15-10033) on Jan. 6, 2015,
estimating its assets at between $100,00 and $500,000 and its
liabilities between $1 million and $10 million.  The petition was
signed by Gary E. Allen, president.

Judge Robert D. Martin presides over the case.

Eliza M. Reyes, Esq., at Krekeler Strother, S.C., serves as the
Debtor's bankruptcy counsel.


ALLY FINANCIAL: Copy of Goldman Sachs Conference Presentation
-------------------------------------------------------------
Ally Financial Inc. Chief Executive Officer Jeffrey Brown presented
at the Goldman Sachs U.S. Financial Services Conference on Dec. 6,
2016.  A copy of the presentation is available for free at
https://is.gd/FuW2ad

                    About Ally Financial

Ally Financial Inc., formerly GMAC Inc. -- http://www.ally.com/--
is one of the world's largest automotive financial services
companies.  The Company offers a full suite of automotive
financing products and services in key markets around the world.
Ally's other business units include mortgage operations and
commercial finance, and the company's subsidiary, Ally Bank,
offers online retail banking products.  Ally operates as a bank
holding company.

GMAC obtained a $17 billion bailout from the U.S. government in
exchange for a 56.3 percent stake.  Private equity firm Cerberus
Capital Management LP keeps 14.9 percent, while General Motors Co.
owns 6.7 percent.

Ally reported net income of $1.28 billion on $4.86 billion of total
net revenue for the year ended Dec. 31, 2015, compared to net
income of $1.15 billion on $4.65 billion of total net revenue for
the year ended Dec. 31, 2014.

As of Sept. 30, 2016, Ally Financial had $157.4 billion in total
assets, $143.8 billion in total liabilities and $13.63 billion in
total equity.

                           *     *     *

As reported by the TCR on Oct. 14, 2016, S&P Global Ratings said it
revised its outlook on Ally Financial Inc. to stable from positive
and affirmed the 'BB+' long-term issuer credit rating.
"The revised outlook reflects weakening credit conditions in the
vehicle finance industry, in our view, which represents the
majority of Ally's business," said S&P Global Ratings credit
analyst Matthew Carroll.

In the April 3, 2014, edition of the TCR, Fitch Ratings has
upgraded Ally Financial Inc.'s long-term Issuer Default Rating
(IDR) and senior unsecured debt rating to 'BB+' from 'BB'.
The rating upgrade reflects increased clarity around Ally's
ownership structure given Ally's recent announcement that it has
launched an initial public offering those shares of its common
stock held by the U.S. Treasury (the Treasury).

As reported by the TCR on July 16, 2014, Moody's Investors Service
affirmed the 'Ba3' corporate family and 'B1' senior unsecured
ratings of Ally Financial, Inc. and revised the outlook for the
ratings to positive from stable.  Moody's affirmed Ally's ratings
and revised its rating outlook to positive based on the company's
progress toward sustained improvements in profitability and
repayment of government assistance received during the financial
crisis.


ALTA MESA: Prices Upsized $500-Mil. Senior Notes Offering
---------------------------------------------------------
Alta Mesa Holdings, LP, announced that it and its wholly-owned
subsidiary, Alta Mesa Finance Services Corp., priced a private
offering to eligible purchasers under Rule 144A and Regulation S of
the Securities Act of 1933, as amended of $500 million aggregate
principal amount of 7 7/8% senior unsecured notes due 2024 at par.
This represents an increase of $50 million over the aggregate
principal amount previously announced.  The private offering is
expected to close on Dec. 8, 2016, subject to customary closing
conditions.

Concurrently with this offering, Alta Mesa commenced a tender offer
to purchase for cash, subject to certain conditions, any and all of
its $450 million aggregate principal amount of 9.625% senior notes
due 2018.  Alta Mesa intends to use the net proceeds of this
offering to fund the purchase of the 2018 Notes in the Tender Offer
and the redemption of any 2018 Notes that remain outstanding after
consummation of the Tender Offer, with remaining net proceeds to
repay a portion of outstanding indebtedness under Alta Mesa's
senior secured revolving credit facility.

The securities to be sold have not been registered under the
Securities Act, or under the securities laws of any other
jurisdiction; and unless so registered, the securities may not be
offered, sold, pledged or otherwise transferred within the United
States, or to or for the account of U.S. persons except pursuant to
an exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act and applicable laws
of any other jurisdiction.  The Notes are expected to be eligible
for trading by qualified institutional buyers in the United States
under Rule 144A under the Securities Act and by non-U.S. persons
under Regulation S under the Securities Act.

                       About Alta Mesa

Headquartered in Houston, Texas, Alta Mesa is a privately held
company engaged primarily in onshore oil and natural gas
acquisition, exploitation, exploration and production whose focus
is to maximize the profitability of its assets in a safe and
environmentally sound manner.  The Company seeks to maintain a
portfolio of lower risk properties in plays with known resources
where the Company identifies a large inventory of lower risk
drilling, development, and enhanced recovery and exploitation
opportunities.  The Company maximizes the profitability of its
assets by focusing on sound engineering, enhanced geological
techniques including 3-D seismic analysis, and proven drilling,
stimulation, completion, and production methods.

As of Sept. 30, 2016, Alta Mesa had $780.1 million in total assets,
$1.07 billion in total liabilities and a partners' deficit of
$298.0 million.

Alta Mesa reported a net loss of $131.8 million for the year ended
Dec. 31, 2015, following net income of $99.20 million for the year
ended Dec. 31, 2014.

                          *    *    *

As reported by the TCR on Dec. 2, 2016, Moody's Investors Service
placed Alta Mesa Holdings' 'Caa2' Corporate Family Rating (CFR) and
'Caa2-PD' Probability of Default Rating (PDR) under review for
upgrade and assigned a 'Caa1' rating to the proposed offering of
$450 million of senior unsecured notes.

In December 2016, S&P Global Ratings said that it raised its
corporate credit rating on Houston-based oil and gas E&P company
Alta Mesa Holdings to 'B-' from 'CCC+'.  "The upgrade follows Alta
Mesa's announcement that it used the proceeds from a recent
preferred equity issuance to pay down its second-lien debt and
repay part of the revolving credit facility," said S&P Global
Ratings' credit analyst Daniel Krauss.


AMPLIPHI BIOSCIENCES: Reports Favorable Results from AB-SA01 Trial
------------------------------------------------------------------
AmpliPhi Biosciences Corporation reported final results from its
Phase 1 trial to evaluate the safety and tolerability of AB-SA01,
its proprietary investigational phage cocktail targeting
Staphylococcus aureus (S. aureus) infections.  Overall, treatment
with AB-SA01 was well tolerated when administered topically to the
intact skin of healthy adults.  The trial was conducted under a
Collaborative Research and Development Agreement with the U.S. Army
at the Walter Reed Army Institute of Research Clinical Trials
Center in Silver Spring, Maryland.

"We are extremely pleased and encouraged by the final results from
this trial, which demonstrated that AB-SA01 was well tolerated by
healthy volunteers," said M. Scott Salka, CEO of AmpliPhi
Biosciences.  "We believe these results provide strong support for
the advancement of AB-SA01 into the first phage therapy Phase 2
trial in 2017.  Our corporate goal was to report final data from
our Phase 1 trial before the end of 2016 and we met that objective
through the hard work of the entire AmpliPhi team as well as our
partners at the Walter Reed Army Institute of Research.
Additionally, we remain on track to finalize data by the end of
2016 from our other Phase 1 trial of AB-SA01, targeting S. aureus
infections in patients suffering from chronic rhinosinusitis.  We
look forward to discussing these data during our business update
call on January 4, 2017."

The double-blind, placebo-controlled study evaluated the safety of
AB-SA01 administered topically to the intact skin of 12 healthy
volunteers between the ages of 18 and 60.  Volunteers were assigned
to receive either a low dose (1 x 10 8 PFU/mL) or a high dose (1 x
109 PFU/mL) of AB-SA01, administered topically to the forearm.
Placebo was similarly administered to the volunteer's opposite
forearm, allowing each participant to serve as his or her own
control.  The application sites were covered by an occlusive
dressing for 24 hours.  Participants received AB-SA01 and placebo
daily for three consecutive days and were monitored for
approximately two weeks following treatment.

Key findings from the study showed:

   * No subject had a treatment-emergent adverse event (TEAE) that
     was considered definitely or probably related to AB-SA01

   * There were no severe or higher grade TEAEs, serious adverse
     events or discontinuation of treatment due to TEAEs

   * Laboratory values and vital sign parameters were within
     normal ranges

   * Treatment with AB-SA01 was well tolerated throughout the
     study

Despite vigorous eradication efforts, S. aureus is one of the most
common causes of hospital-acquired infections.  It can cause
pneumonia and infect prosthetic joints, skin and other soft
tissues.  It is also a leading cause of bloodstream infections --
typically as a consequence of traumatic injury, surgery or use of
catheters or injectable drugs -- where it can go on to infect and
damage the heart, joints and bones.

                    Conference Call and Webcast

AmpliPhi Biosciences will hold a business update conference call on
Wednesday, Jan. 4, 2017, beginning at 4:30 p.m. Eastern time (1:30
p.m. Pacific time).  The conference call dial-in number is (877)
287-2401 for domestic callers and (216) 562-0057 for international
callers, and the passcode is 30920092.  A live webcast of the call
will be available on the Investor Relations section of
http://www.ampliphibio.com/

A recording of the call will be available for 48 hours beginning
approximately two hours after the completion of the call by dialing
(855) 859-2056 for domestic callers and (404) 537-3406 for
international callers.  Please use passcode 30920092 to access the
recording.  A webcast replay will be available on the Investor
Relations section of http://www.ampliphibio.com/for 30 days,
beginning approximately two hours after the completion of the call.


                        About AmpliPhi

AmpliPhi Biosciences Corp. is a biotechnology company focused on
the discovery, development and commercialization of novel phage
therapeutics.  Its principal offices occupy approximately 1,000
square feet of leased office space pursuant to a month-to-month
sublease, located at 3579 Valley Centre Drive, Suite 100, San
Diego, California.  It also leases approximately 700 square feet of
lab space in Richmond, Virginia, approximately 5,000 square feet of
lab space in Brookvale, Australia, and approximately 6,000 square
feet of lab and office space in Ljubljana, Slovenia.

As of Sept. 30, 2016, the Company had $26.03 million in total
assets, $7.80 million in total liabilities and $18.22 million in
total stockholders' equity.

Ampliphi reported a net loss attributable to common stockholders of
$10.79 million for the year ended Dec. 31, 2015, compared to net
income attributable to common stockholders of $21.82 million.

"[T]he Company has incurred net losses since its inception, has
negative operating cash flows and has an accumulated deficit of
$371.9 million as of September 30, 2016, $56.4 million of which
has been accumulated since January of 2011, when the Company began
its focus on bacteriophage development.  As of September 30, 2016,
the Company had cash and cash equivalents of $4.0 million.
Management believes that the Company's existing resources will be
sufficient to fund the Company's planned operations through the end
of 2016.  These circumstances raise substantial doubt about the
Company's ability to continue as a going concern," as disclosed in
the Company's quarterly report for the period ended Sept. 30, 2016.


ANTERO RESOURCES: S&P Assigns 'BB' Rating on $550MM Sr. Notes
-------------------------------------------------------------
S&P Global Ratings said it assigned its 'BB' issue-level rating and
'3' recovery rating to Denver-based oil and gas exploration and
production company Antero Resources Corp.'s proposed
$550 million senior unsecured notes due 2025.  The '3' recovery
rating indicates S&P's expectation of meaningful (50% to 70%, upper
half of the range) recovery in the event of a payment default.
S&P's 'BB' corporate credit rating and stable outlook on the
company are unchanged.

S&P expects the company to use the proceeds from the proposed notes
to refinance its 6% senior unsecured notes due 2020 and for general
corporate purposes.  As of Sept. 30, 2016, $525 million was
outstanding on the notes.

                         RECOVERY ANALYSIS

Key analytical factors

   -- S&P's simulated default scenario for Antero assumes a
      sustained period of low commodity prices (consistent with
      the conditions of past defaults in this sector).

   -- S&P's based its valuation of Antero's reserves on a company-
      provided year-end PV-10 report incorporating S&P's estimate
      for acquisitions completed year-date, using S&P Global
      Ratings' recovery price deck assumptions of $50 per barrel
      for WTI crude oil and $3.00 per million British thermal
      units for Henry Hub natural gas.

   -- S&P caps the value pertaining to proved undeveloped reserves

      so that they are no more than 25% of the total value of the
      proved reserves, given the heightened uncertainty about the
      cost of extracting these reserves.

   -- S&P's recovery analysis for Antero also incorporates the
      company's $4 billion of commitments on its senior secured
      reserve-based loan facility, which S&P assumes will be fully

      drawn at default, less outstanding letters of credit.

   -- S&P's 'BB' issue-level and '3' (upper end of the range)
      recovery ratings on the company's existing senior unsecured
      notes are unchanged.

Simulated default assumptions

   -- Simulated year of default: 2021

Simplified waterfall

   -- Net enterprise value (after 5% in administrative costs):
      $6.2 billion
   -- Reserve-based loan claims: $3.4 billion
   -- Recovery expectations: Not applicable
   -- Senior unsecured notes claims: $3.4 billion
   -- Recovery expectation: 50% to 70% (upper end of the range)

Note: All debt amounts include six months of prepetition interest.


APVO CORPORATION: Chapter 15 Case Summary
-----------------------------------------
Chapter 15 Petitioner: Thevenot Perdereau Maniere El Baze
                       and Renier Lemmens

Chapter 15 Debtor: APVO Corporation
                   530 Bush Street, Suite 403
                   San Francisco, CA 94108

Chapter 15 Case No.: 16-31309

Type of Business: Owns and operates an online business social  
                  network

Chapter 15 Petition Date: December 6, 2016

Court: United States Bankruptcy Court
       Northern District of California (San Francisco)

Judge: Hon. Dennis Montali

Chapter 15 Petitioners' Counsel: Debra I. Grassgreen, Esq.
                                 PACHULSKI, STANG, ZIEHL & JONES
                                 LLP
                                 150 California St. 15th Fl.
                                 San Francisco, CA 94111-4500
                                 Tel: (415)263-7000
                                 E-mail: dgrassgreen@pszjlaw.com

                                   - and -

                                 Jason Rosell, Esq.
                                 PACHULSKI STANG ZIEHL & JONES
                                 LLP
                                 150 California St, 15th Fl
                                 San Francisco, CA 94111
                                 Tel: (415)263-7000
                                 E-mail: jrosell@pszjlaw.com

Estimated Assets: Not Indicated

Estimated Debts: Not Indicated


APVO CORPORATION: Seeks U.S. Recognition of French Proceeding
-------------------------------------------------------------
APVO Corporation sought bankruptcy protection under Chapter 15 of
the Bankruptcy Code, seeking recognition in the United States of an
insolvency proceeding currently pending in Paris, France.  APVO
seeks recognition of the French Proceeding as a first step toward
having the eventual order approving the sale of its assets issued
by the French Court recognized in the United States.

The Chapter 15 case was filed in the U.S. Bankruptcy Court for the
Northern District of California (Bankr. N.D. Cal. Case No.
16-31309) on Dec. 6, 2016, by Thevenot Perdereau Maniere El Baze
and Renier Lemmens, in their capacity as the foreign
representatives of APVO.

APVO is a wholly owned subsidiary of Viadeo SA, a French company
that owns and operates an online business social network, similar
to LinkedIn, primarily focused on the French market.  APVO's
primary asset is a database used to run Viadeo's online business
social network (http://www.viadeo.com/). APVO is a California
corporation that maintains an office in San Francisco, California.
The Database supports Viadeo's 11 million members and is primarily
hosted by Amazon Web Services in California and Virginia.

On Nov. 22 and 24, 2016, following negotiation on a prepack sale of
Viadeo's assets, Viadeo and APVO petitioned the Tribunal de
Commerce de Paris, France, to open formal court-supervised
reorganization proceedings (redressement judiciaire) for the
purpose of approving the sale of their assets.  On Nov. 29, 2016,
the French Court opened redressement judiciaire for Viadeo and
APVO.

The French Proceeding is a judicial proceeding brought under the
Code de Commerce (the "French Commercial Code") under the
supervision of the French Court and is recognized as an insolvency
proceeding under the laws of the European Union.  The French
Commercial Code provides for a controlled reorganization procedure
(redressement judiciare) designed to enable insolvent companies to
restructure their liabilities and continue as a going concern or
pursue a sale of substantially all of its assets for the highest
and best bid, as determined by the French Court.

Pursuant to the Redressement Order, the French Court will consider
bids for the purchase of substantially all of APVO's assets on Dec.
19, 2016.  

"The French Proceeding should be recognized as a foreign main
proceeding and the Redressement Order should be recognized and
enforced because this chapter 15 case was properly commenced by the
duly authorized foreign representatives, the French Proceeding
qualifies as a foreign proceeding under section 101(23) of the
Bankruptcy Code, and the French Proceeding is pending in the
country where APVO has its center of main interests," said Jason H.
Rosell, Esq., at Pachulski, Stang, Ziehl & Jones LLP, counsel to
the foreign representatives.

"Chapter 15 will materially aid the Foreign Representatives'
efforts to sell APVO's assets located in the United States as a
going concern for the benefit of all of APVO's stakeholders," he
continued.

APVO's customers are primarily located in France and APVO's largest
creditor is its holding company, Viadeo.

The Chapter 15 case is assigned to Judge Dennis Montali.


ATKORE INT'L: Moody's Hikes Corporate Family Rating to B1
---------------------------------------------------------
Moody's Investors Service upgraded Atkore International, Inc.'s
corporate family rating to B1 from B2 and its probability of
default rating to B1-PD from B2-PD. At the same time, Moody's
assigned a B2 rating to Atkore's proposed $500 million first lien
term loan. The company is upsizing its first lien term loan to $500
million from about $409 million and using the proceeds along with
approximately $146 million of cash to pay off its second lien term
loan, which had a balance of $229 million as of September 30, 2016.
The B2 rating on the existing first lien term loan and the Caa1
rating on the second lien term loan remain unchanged. These ratings
will be withdrawn when the refinancing is completed. Moody's also
affirmed Atkore's speculative grade liquidity rating of SGL-2. The
CFR and PDR upgrades reflect the substantial improvement in
Atkore's credit profile and the expectation the positive trend will
continue in the near term. The ratings outlook is stable.

The following ratings were affected in this rating action:

Upgrades:

   -- Corporate family rating, upgraded to B1 from B2;

   -- Probability of default rating, upgraded to B1-PD from B2-PD;

Assignments:

   -- Senior Secured First Lien Term Loan, assigned B2 (LGD 4)

Affirmations:

   -- Speculative Grade Liquidity Rating at SGL-2

Outlook Actions:

   -- Stable

RATINGS RATIONALE

Atkore's B1 corporate family rating is supported by the company's
moderate leverage, ample interest coverage, large market share in
key products, attractive position in certain end-markets, its
enhanced focus on core product categories and pricing discipline
and its good liquidity profile. The rating also reflects its modest
size and limited diversification versus other higher rated
companies in the steel products sector, its historically low and
volatile margins, sensitivity to fluctuating steel and copper
prices, as well as its reliance on nonresidential construction
activity, which drives demand for most of its electrical and
tubular products. The rating also considers the highly competitive
market in which the company operates and its limited product
differentiation.

Atkore's operating performance improved materially in fiscal 2016
(ended September 2016) as the company benefitted from a relatively
healthy nonresidential construction activity, wider spreads between
steel and copper purchases for inventory and final product prices,
as well as productivity improvements. The company also benefitted
from a 53rd week in the fiscal year and a spike in shipments to the
solar power sector ahead of a potential tax credit expiration. This
resulted in significantly improved operating results and strong
free cash generation. Atkore generated adjusted EBITDA of $207
million in fiscal 2016 versus $148 million in the prior fiscal
year. The strong operating performance along with effective working
capital management, lower inventory purchase costs and the
liquidation of fence and sprinkler pipe inventory following the
decision to exit those product categories, enabled the company to
generate $140 million in free cash flow. The company utilized that
cash to retire about $22 million of debt and to build up its cash
balance to $200 million versus $81 million last year.

The improved operating performance along with modestly reduced debt
levels has resulted in strengthened credit metrics. Atkore's
adjusted leverage ratio (debt/EBITDA) declined to 3.5x in September
2016 from 4.9x in September 2015 while its interest coverage ratio
(EBIT/Interest) rose to 3.1x from 1.6x. "We expect these metrics to
strengthen further in fiscal 2017 (ends September 2017) even if the
company's operating performance remains relatively stable or
softens modestly." Moody's said. Moody's expects the company to
generate flat to slightly lower EBITDA in fiscal 2017 as the
benefit of modestly higher volumes are tempered by a difficult
comparison with a 53 week year and above average solar power sector
sales. However, Atkore's credit metrics will strengthen since the
company plans to use about $146 million of cash plus additional
first lien borrowings to pay off its second lien term loan. Its
leverage ratio should decline below 3.0x and its interest coverage
should rise to around 4.0x by September 2017. These ratios could be
impacted by potential acquisitions since the company has been
acquisitive historically and indicated it is currently evaluating a
few opportunities. However, they should remain supportive of its
new ratings.

Atkore's speculative grade liquidity rating of SGL-2 reflects its
good liquidity profile. The company had $200 million of cash and
$207 million of borrowing availability on its $325 million asset
based revolving credit facility as of September 2016. Atkore had no
outstanding borrowings on the revolver, which is mainly used for
seasonal and cyclical working capital support and to fund
acquisitions. The maturity date of the ABL is currently October
2018, but will be extended to December 2021 as part of the
company's refinancing. Atkore's liquidity is expected to remain
good even after it uses the majority of its cash balance to retire
debt since it will continue to generate free cash flow in fiscal
2017.

The B2 rating assigned to the upsized first lien term loan is
unchanged from the existing term loan despite the CFR upgrade since
the repayment of the second lien term loan will remove a loss
absorbing buffer in the event of a default.

Atkore's stable ratings outlook reflects Moody's expectation that
its operating results will remain relatively stable and its credit
metrics will strengthen over the next 12 to 18 months due to debt
reduction.

Atkore's rating is unlikely to be upgraded in the near term due to
its modest size and limited diversification versus other higher
rated companies in the steel products sector. However, the
company's rating could be upgraded if it increases its scale,
enhances its product diversity and its leverage ratio (Debt/EBITDA)
is sustained at less than 3.5x, its interest coverage
(EBIT/Interest Expense) at more than 3.0x and it maintains good
liquidity.

Atkore's rating is not likely to be downgraded in the near term,
but could be lowered if EBIT/interest declines below 2.0x, its EBIT
margin declines to less than 4%, or Debt/EBITDA exceeds 4.5x on a
sustained basis. A material contraction in liquidity could also
result in a downgrade.

The principal methodology used in these ratings was "Global Steel
Industry" published in October 2012.

Atkore International, Inc., headquartered in Harvey, Illinois is a
manufacturer of products that deploy, isolate, and protect a
structure's electrical circuitry and are typically used in
non-residential construction. These products include steel and PVC
electrical conduit, armored and metal-clad cable and metal framing
and support structures such as cable trays, ladders and wire
baskets. The company operates in two reportable segments:
Electrical Raceway products (about 65% of sales) and Mechanical
Products and Solutions (35%). Atkore's revenues for the trailing
twelve months ended September 30, 2016 were approximately $1.5
billion. Atkore International, Inc. (Atkore) is a wholly owned
subsidiary of Atkore International Holdings Inc., which in turn is
100% owned by Atkore International Group Inc. Clayton Dubilier &
Rice LLC (CD&R) owns about 80% of the shares outstanding of Atkore
International Group Inc.


ATKORE INT'L: S&P Raises CCR to 'B+' on Loan Repayment
------------------------------------------------------
S&P Global Ratings said that it raised its corporate credit rating
on Atkore International Inc. to 'B+' from 'B'.  The outlook is
positive.

S&P also maintained the '3' recovery rating on Atkore's first-lien
term loan, which indicates S&P's expectation for meaningful (lower
half of the 50%-70% range) recovery prospects in the event of a
payment default.  The issue-level rating was raised to 'B+' from
'B', in line with S&P's notching guidelines.  The company's
second-lien term loan is expected to be repaid.

The rating change to 'B+' from 'B' reflects S&P's view that the
business and financial risk profile assessments of Atkore have
improved.  S&P expects adjusted debt leverage in fiscal-year 2017
to improve due to the proposed repayment of debt and higher
operating margin and EBITDA levels.  Higher EBITDA generation is
due to increased margins, helped by Atkore's product pricing in the
U.S. nonresidential construction markets and productivity
improvements.  The proposed repayment of its second-lien term loan
will also result in a more favorable capital structure, with
expected adjusted debt to EBITDA of between 2.5x-3x in fiscal 2017
(Sept. 30) versus fiscal 2016's debt leverage of just over 3x.  As
a result, S&P now assess Atkore's financial risk profile as
aggressive rather than highly leveraged and revise S&P's financial
policy modifier to 'FS-5' from 'FS-6' to reflect S&P's expectation
that the company's financial sponsor, CD&R, will maintain Atkore's
adjusted leverage below 5x over the forecast period.

"We also changed Atkore's business risk profile to fair from weak,
largely driven by its increased profitability and associated
margins.  For instance, Atkore's adjusted EBITDA margin was nearly
15% in fiscal 2016 compared with about 8% in 2015.  We believe that
the company can broadly maintain margins because end-market growth,
particularly nonresidential construction growth, is expected to
remain robust in 2017 relative to 2016.  Improved profitability is
somewhat offset by the company's participation in the highly
cyclical steel and construction materials industries, its exposure
to volatile metal prices, its limited end-market diversity, and its
susceptibility to lower profitability during downturns.  Our
estimates incorporate our view that the nonresidential construction
market will improve along with the overall economy.  Atkore has a
55% exposure to nonresidential construction; 10% to residential
construction; about 20%-25% to maintenance, repair, and remodel;
and roughly 5%-10% to infrastructure.  Margins for distributors are
generally pressured at times due to declining metals prices, as is
the case for Atkore, which uses raw materials such as steel (about
47% of sales), copper (about 27% of sales), and resin (about 18% of
sales).  But the company has offset dropping commodity prices by
increasing spreads to the spot market," S&P said.

S&P's base-case scenario assumes:

   -- Moderate economic growth in the U.S., with real GDP growth
      at 1.6% for the full year 2016, growing to 2.4% in 2017;

   -- Nonresidential construction decline of 3.5% for the full
      year 2016, growing by 3% in 2017;

   -- Revenue growth tied mainly by macroeconomic data coupled
      with potential inorganic growth; and

   -- EBITDA margins in the 12%-14% range.

At the same time, S&P revised its assessment of the comparable
ratings analysis modifier on Atkore to negative from neutral,
reflecting S&P's view that Atkore's business risk profile is at the
weaker end of the fair category, relative to similarly-rated metals
and mining peers.  Moreover, Atkore has a short track record of
notably stronger operating margins and debt leverage ratios.  S&P
also expects the company will remain acquisitive.  It must sustain
stronger financial risk metrics to achieve a higher rating.

S&P views Atkore as having strong liquidity.  S&P expects liquidity
sources to cover uses by at least 1.5x over the next 12 months and
by at least 1x over the next 24 months.  S&P believes liquidity
sources will continue to exceed uses, even if forecast EBITDA
declines by 30%.  S&P believes compliance with financial
maintenance covenants would likely survive a 30% drop in EBITDA
without the company breaching its covenants.

Principal liquidity sources

   -- Cash and short-term investments of about $200 million as of
      Sept. 30, 2016;

   -- Estimated asset-backed lending (ABL) revolving facility
      availability of about $207 million as of Sept. 30, 2016;

   -- Forecast cash funds from operations (FFO) of about
      $150 million in the next 12 months; and

   -- Incremental first-lien term loan borrowings of roughly
      $80 million.

Principal liquidity uses

   -- Expected capital spending of slightly more than $30 million
      in fiscal 2017;

   -- An estimated seasonal working capital requirement of about
      $15 million over the next 12 months;

   -- No expected dividend payments in fiscal 2017; and

   -- Expected repayment of the second-lien term loan.

The positive outlook reflects S&P's view that Atkore's operating
performance and margins could exhibit sustained improvement over
the next 12 months.  S&P expects sustained improvement in credit
ratios could lead to a higher rating, with Atkore producing
adjusted debt to EBITDA of about 2.5x to 3x in fiscal 2017
(Sept. 30).

A revision of the outlook to stable would likely result from a
deterioration in operating conditions from expected levels or a
debt-financed acquisition, leading to a sustained debt leverage
ratio above 4x.  The rating could be lowered if adjusted debt
leverage is sustained above 5x.

S&P could raise the rating in the next 12 months if the company
sustains adjusted debt leverage at less than 4x and if S&P expects
it to remain there long-term, combined with a lower ownership
percentage by CD&R and its intention to relinquish control over the
medium term.  A higher rating could also be predicated on Atkore
funding future acquisitions in a manner that preserves its credit
ratios.



AZURE MIDSTREAM: Obtains Covenant Default Waivers Until Dec. 18
---------------------------------------------------------------
Azure Midstream Partners, LP, entered into a Limited Duration
Waiver Agreement to its revolving credit facility, as amended, with
Wells Fargo Bank, National Association, as administrative agent and
other lenders.

The terms of the Limited Duration Waiver Agreement extend the
waiver of certain covenant defaults until Dec. 18, 2016.  Borrowing
capacity under the Credit Agreement continues to be $173.7 million.
The Limited Duration Waiver Agreement also requires the
Partnership to enter into an agreement with respect to the sale of
assets or the equity of the Partnership and its subsidiaries no
later than Dec. 18, 2016.

                    About Azure Midstream

Azure Midstream Partners, LP, is a publicly traded Delaware master
limited partnership that was formed by NuDevco Partners, LLC and
its affiliates to develop, own, operate and acquire midstream
energy assets.  The Company currently offers: (i) natural gas
gathering, compression, dehydration, treating, processing, and
hydrocarbon dew-point control and transportation services to
producers, marketers and third-party pipeline companies through the
Company's gathering and processing business segment; and (ii) crude
oil logistics services to Associated Energy Services, LP, an
affiliate, through its logistics business segment.

Azure reported a net loss of $222.42 million for the year ended
Dec. 31, 2015, compared to a net loss of $6.82 million for the year
ended Dec. 31, 2014.

As of Sept. 30, 2016, the Company had $375.5 million in total
assets, $179.4 million in total liabilities and $196.2 million in
total partners' capital.

KPMG LLP, in Dallas, Texas, issued a "going concern" qualification
on the consolidated financial statements for the year ended
Dec. 31, 2015, citing that the Partnership anticipates being out of
compliance with the requirements in the Credit Agreement during
2016, which would accelerate the maturity of the outstanding
indebtedness making it currently due and payable.  The Partnership
does not have sufficient liquidity to meet the accelerated debt
service requirements.  This issue raises substantial doubt about
its ability to continue as a going concern.

                         *    *    *

In September 2016, S&P Global Ratings lowered its corporate credit
rating on Azure Midstream Energy LLC to 'CCC+' from 'B-'.  "The
downgrade reflects our view that Azure's credit measures have
worsened due to unfavorable commodity prices and weak industry
conditions, which has made it more challenging to meet its
financial commitments," S&P Global Ratings analyst Mike Llanos
said.

In August 2016, Moody's Investors Service downgraded Azure
Midstream Energy's Corporate Family Rating (CFR) to 'Caa2' from
'B3', Probability of Default Rating (PDR) to 'Caa2-PD' from
'Caa1-PD', senior secured term loan rating to 'Caa2' from 'B3', and
the senior secured revolving credit facility rating to 'B1' from
'Ba3'.  The Speculative Grade Liquidity rating was withdrawn.  The
outlook remains negative.


B & B FAMILY: Hires Turoci Firm as Counsel
------------------------------------------
B & B Family, Inc., seeks authorization from the U.S. Bankruptcy
Court for the Central District of California to employ Turoci Firm
as counsel.

The Debtor requires the Firm to:

     a. represent the Debtor at its Initial Debtor Interview;

     b. advise and assist the Debtor with respect to compliance
with the requirements of the United States Trustee;

     c. advise the Debtor regarding matters of bankruptcy law,
including the rights and remedies of Debtor in regards to their
assets and with respect to the claims of creditors;

     d. represent or assist the Debtor and/or other professionals
in any proceedings or hearings in the Bankruptcy Court and in any
action in any other court where the Debtor's rights under the
Bankruptcy Code be litigated or affected;

     e. conduct examinations of witnesses, claimants, or adverse
parties, and prepare and assist in the preparation of reports,
applications, motions, orders, accounts, other legal papers, and
pleadings related to this Chapter 11 case;

     f. advise the Debtor concerning the requirements of the
Bankruptcy Court and applicable rules as the same affect Debtor in
this proceeding;

     g. represent the Debtor at its meeting of creditors pursuant
to Bankruptcy Code, or any continuance thereof;

     h. represent the Debtor with regard to the preparation of a
disclosure statement and the negotiation, formulation,
confirmation, and implementation of a Chapter 11 plan of
reorganization.

     i. make any bankruptcy court appearance on behalf of the
Debtor;

     j. take other actions and perform other services as the Debtor
may require of the Firm in connection with this Chapter 11 case;

     k. represent the Debtor with regard to all contested matters,
other than adversary proceedings which would require a further
written agreement.

     l. analyze any secured, priority, or general unsecured claims
that have been filed in the Debtor's bankruptcy case;

     m. negotiate with the Debtor's secured and unsecured creditors
regarding the amount and payment of their claims; and

     n. object to claims as may be appropriate.

The Firm's lawyers and professionals who will work on the Debtor's
case and their hourly rates are:

      Todd Turoci                     $500
      Julie Philippi                  $400
      Michael Ortiz                   $250
      Daisy Diaz                      $175
      Adela Salgado                   $175
      Dana Cormey                     $175

The Firm's expenses reimbursement rates are:

       Outgoing facsimile            $1.00 per page
       Incoming facsimile            $0.20 per page
       Messenger                     Actual Cost
       Photocopies                   $0.20 per page
       Postage                       Actual Cost
       Telephone                     No Charge

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

The Firm may be reached at:

      Todd Turoci, Esq.
      Turoci Firm
      3845 Tenth Street
      Riverside, CA 92501
      Tel: 951-784-1678
      Fax: 866-762-0618

                       About B & B Family, Incorporated

B & B Family, Incorporated filed a chapter 11 petition (Bankr. C.D.
Cal. Case No. 16-19993) on Nov. 10, 2016.  The Debtor is
represented by Todd Turoci, Esq. and Julie Philippi, Esq., at The
Turoci Firm.  The Debtor operates as a restaurant known as Oggi's
Pizza and Brewery in Apple Valley, California.


BCDG LP: Hires Johnson Doerhoefer as Accountants
------------------------------------------------
BCDG, LP seeks authorization from the U.S. Bankruptcy Court for the
Southern District of Iowa to employ Johnson, Doerhoefer, & Miner PA
as accountants.

The Debtor requires Johnson to assist the Debtor with preparation
of its financial statements and reports, tax returns, monthly
operating reports, tax reporting obligations, and any issues
involving accounting matters for the Debtor.

Johnson will be paid at these hourly rates:

       Dan Miner, CPA        $250
       Associates            $175

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

Dan Miner, CPA, Johnson, Doerhoefer, & Miner PA, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Johnson may be reached at:

      Daniel E. Miner, CPA
      Johnson, Doerhoefer, & Miner PA
      314 East Main Street
      Blooming Prairie, MN 55917
      Phone: 507-583-7528
      E-mail: dan@johndoercpa.com

                         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.


BEVERLY ANN CARL: Gets Approval of Plan to Exit Bankruptcy
----------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Pennsylvania
on November 17 approved the plan of Beverly Ann Carl to exit
Chapter 11 protection.

In the same filing, the court also gave final approval to the
disclosure statement, which explains the Debtor's restructuring
plan.  

The plan proposes to pay unsecured creditors 50% of their claims
over five years.  The total amount of unsecured claims (at the time
of filing) is $201,190.  The amount of $100,595 will be paid at an
annual distribution of 20% or $20,167, and will be paid in the
first through fifth year of the plan.

                     About Beverly Ann Carl

Beverly Ann Carl, M.D., is a sole proprietor of a medical office
wherein she specializes in Cosmetic/ Plastic Surgery primarily in
Beaver County, PA at 500 Market Street, Suite 202, Bridgewater, PA
15009. She also has a satellite office located at 647 North Broad
Street Ext., Suite 102, Grove City, PA 16127 in Mercer County, PA.
She has been practicing for 33 years, and is board certified by the
American Board of Plastic and Reconstructive Surgery and is a
member of the American Society of Plastic Surgeons (ASPS) and the
American Society for Aesthetic Plastic Surgery (ASAPS).

Beverly Ann Carl filed a Chapter 11 petition (Bankr. W.D. Pa. Case
No. 16-23261) on Sept. 1, 2016.  The Debtor is represented by
Edgardo D. Santillan, Esq., at Santillan Law Firm, P.C.


BIOLIFE SOLUTIONS: Borrows $1 Million from WAVI Holding
-------------------------------------------------------
BioLife Solutions, Inc., is a party to a commitment letter dated
May 12, 2016, with WAVI Holding AG pursuant to which WAVI agreed to
make a series of advances on June 1, 2016, Sept. 1, 2016, Dec. 1,
2016, and March 1, 2017.  Pursuant to the Commitment Letter, on May
12, 2016, the Company entered into a promissory note in favor of
WAVI whereby the Company agreed to pay WAVI the principal amount of
all Advances under the Note, plus interest.

The Note is unsecured, carries an annual interest rate of 10% and
matures on June 1, 2017.  WAVI is not obligated to pay any Advance
if an event of default has occurred or is occurring.  In addition,
if an event of default has occurred, WAVI may, at its option,
declare the Note to be immediately due and payable, together with
all unpaid interest, without further notice or demand.  The Note
also provides that the Company will not permit any liens on its
assets, subject to certain exceptions.

On Dec. 5, 2016, the Company borrowed $1,000,000 as an Advance
under the Note.

                   About BioLife Solutions

Bothell, Washington-based BioLife Solutions, Inc., develops and
markets patented hypothermic storage and cryo-preservation
solutions for cells, tissues, and organs, and provides contracted
research and development and consulting services related to
optimization of biopreservation processes and protocols.

BioLife reported a net loss of $4.99 million on $6.44 million of
product sales for the year ended Dec. 31, 2015, compared to a net
loss of $3.30 million on $6.19 million of product sales for the
year ended Dec. 31, 2014.

As of Sept. 30, 2016, the Company had $10.76 million in total
assets, $4.17 million in total liabilities and $6.58 million in
total shareholders' equity.


BURCON NUTRASCIENCE: Charles Chan Reports 22% Stake as of Nov. 30
-----------------------------------------------------------------
Charles Chan Kwok Keung disclosed in an amended Schedule 13D filed
with the Securities and Exchange Commission that as of Nov. 30,
2016, he beneficially owns 8,592,937 common shares of common stock
of Burcon NutraScience Corporation representing 22.3 percent of the
shares outstanding.  

Dr. Chan is the: (i) Chairman of ITC Corporation Limited, and (ii)
Chairman and a non-executive director of Television Broadcasts
Limited.  Dr. Chan is the sole director of Galaxyway Investments
Limited and Chinaview International Limited.

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

                    https://is.gd/llRIhF

                   About Burcon NutraScience        

Headquartered in Vancouver, Canada, Burcon NutraScience
Corporation has developed a portfolio of composition, application,
and process patents originating from its core protein extraction
and purification technology.  The Company's patented processes
utilize inexpensive oilseed meals and other plant-based sources
for the production of purified plant proteins that exhibit certain
nutritional, functional and nutraceutical profiles.

Burcon NutraScience reported a net loss of C$6.56 million on
C$106,390 of revenue for the year ended March 31, 2016, compared to
a net loss of C$6.57 million on C$105,387 of revenue for the year
ended March 31, 2015.

As of Sept. 30, 2016, Burcon Nutrascience had C$3.86 million in
total assets, C$2.48 million in total liabilities and C$1.38
million in shareholders' equity.

In its annual report on Form 20-F for the fiscal year ended
March 31, 2016, the Company said that as at March 31, 2016, it had
minimal revenues from its technology, had an accumulated deficit of
$77,550,164 (2015 - $70,980,388).  During the year ended
March 31, 2016, the Company incurred a loss of $6,569,776 (2015 -
$6,579,424; 2014 - $5,961,545) and had negative cash flow from
operations of $4,883,575 (2015 - $4,819,743; 2014 - $4,952,221).
The Company has relied on equity financings, private placements,
rights offerings and other equity transactions to provide the
financing necessary to undertake its research and development
activities.  As at March 31, 2016, the Company had cash and cash
equivalents of $2,479,862 (2015 - $2,400,965) and short-term
investments of $nil (2015 - $1,266,600).  These conditions
indicate
existence of a material uncertainty that casts substantial doubt
about the ability of the Company to meet its obligations as they
become due and, accordingly, its ability to continue as a going
concern.

The Company said its ability to continue as a going concern is
dependent upon the Company raising additional capital.  On May 12,
2016, the Company completed a convertible note financing for
$2,000,000, with net proceeds of approximately $1,934,000.
Although the Company expects to receive royalty revenues from its
license and production agreement (Soy Agreement) with Archer
Daniels Midland Company from the sales of CLARISOY(TM), the amount
of royalty revenues cannot be ascertained at this time.  Burcon
expects the amount of royalty revenues from the sales of
CLARISOY(TM) will not reach its full potential until such time
production is expanded to one or more full-scale commercial
facilities.


CAESARS ENTERTAINMENT: Says UST Main Obstacle to Plan Approval
--------------------------------------------------------------
Caesars Entertainment Operating Company, Inc., and its
debtor-affiliates on Dec. 5, 2016, submitted to the Bankruptcy
Court for the Northern District of Illinois a report for the status
conference scheduled for Dec. 6 related to the Plan confirmation
hearing.  

The status report addresses the preliminary objections and
responses to the Plan and the likely scope of disputed issues for
the confirmation hearing.  The report also outlines the Debtors'
suggested approach for the confirmation hearing, including the
forms of evidence through which the Debtors intend to satisfy their
burden and enable the Court to conclude on a proper record (a) that
the Debtors' Plan satisfies section 1129 of the Bankruptcy Code and
(b) that the settlement therein satisfies Rule 9019 of the Federal
Rules of Bankruptcy Procedure.

The Debtors expect the contested issues at the Confirmation Hearing
to be narrow, and focused primarily on the concerns the United
States Trustee has raised about the breadth and propriety of the
third-party release and exculpation provisions. The Debtors also
hope to resolve the United States Trustee's other concerns
regarding the payment of certain fees in advance of the
Confirmation Hearing.

According to the Debtors, they received limited objections to the
Plan and expect to resolve the vast majority of them prior to the
hearing.  The Debtors said 33 parties in interest filed a response
to the Plan (some of which raised multiple issues) on or before the
preliminary objection deadline of November 21, 2016.  Eight parties
filed reservations of rights pending final documentation of
settlements or other Plan Supplement documents.  Twelve parties
raised limited objections to the assumption of their executory
contracts pending confirmation of adequate assurance and
appropriate cure amounts.  Thirteen parties objected to substantive
provisions of the Plan itself.

These objections principally relate to the following aspects of the
Plan:

     * The appropriateness and breadth of the third-party release,
exculpation, and injunction provisions;

     * Good faith, unfair discrimination, and feasibility concerns
due to the separate classification of certain unsecured claims;

     * Payment of post-effective date fees to the Statutory
Unsecured Creditors’ Committee and the fees and expenses of
various restructuring support parties that are under-secured or
unsecured; and

     * Various creditor-specific concerns related to, among other
things, the appropriate statutory interest rate for secured and
unsecured tax claims, the Reorganized Debtors' post-effective date
compliance with utility regulations, and  the post-effective date
treatment of existing surety bonds.

Since the Plan Responses were filed, the Debtors have been working
with the various parties who have objected to the Plan in an effort
to resolve their concerns.  Although these efforts remain ongoing,
they have been productive. Accordingly, the Debtors expect to
resolve most of these parties' issues in advance of the
Confirmation Hearing by adding resolution language to the Plan or
by providing the parties with additional diligence.

The Debtors said that with the exception of the United States
Trustee's objection, they are optimistic that they will resolve all
other objections to the third-party release, injunction, and
exculpation provisions by including appropriate carve-out language
that addresses each party's specific concerns.  The Debtors
continue to work on finalizing that language with their
stakeholders and expect to include it in an amended Plan to be
filed in the near future. The Debtors expect to address the plan
classification and various other creditor-specific objections in a
similar fashion.

The Debtors said they will continue to provide counter-parties to
assumed contracts with necessary diligence to resolve any adequate
assurance concerns they may have and to confirm the appropriate
cure amounts.

A copy of the Status Report is available at:

          http://bankrupt.com/misc/ilnb15-01145-5881.pdf

Meanwhile, Jessica Corso, writing for Bankruptcy Law360, reported
that U.S. Bankruptcy Judge A. Benjamin Goldgar in Chicago and an
attorney with the U.S. Trustee's office sparred over an objection
to Caesars' Chapter 11 reorganization plan on Nov. 6, with the
judge expressing his disbelief that the trustee would oppose a plan
the debtor believes will receive the full backing of its creditors.
Judge Goldgar spoke with Denise DeLaurent, an attorney with the
U.S. trustee's office in Chicago, during a hearing in the
bankruptcy proceedings of Caesars Entertainment Operating Co., or
CEOC, asking her to explain her objection.

As reported by the Troubled Company Reporter in November, the
American Bankruptcy Institute, citing Tracy Rucinski of Reuters,
reported that the U.S. Trustee objected to CEOC's proposal to exit
Chapter 11, threatening to derail a largely consensual plan to
slash $10 billion of debt.  According to the report, in a filing
with the U.S. Bankruptcy Court in Chicago, the U.S. Trustee
objected to the releases and the exculpation of "a wide array of
parties for acts far beyond the plan or the Chapter 11 cases."  The
U.S. Trustee called the releases "blanket immunity," the report
related.

The Debtors' Third Amended Joint Plan of Reorganization provides
that on the Effective Date, OpCo shall issue OpCo Series A
Preferred Stock.  As described more fully in the Restructuring
Transactions Memorandum, OpCo will merge into a newly formed
subsidiary of New CEC (or its predecessors) pursuant to the CEOC
Merger.  In exchange for the CEOC Merger, on the Effective Date,
New CEC shall issue New CEC Common Equity in accordance with the
Plan distributions in Article III hereof in exchange for the OpCo
Series A Preferred Stock to the Holders of Prepetition Credit
Agreement Claims, Secured First Lien Notes Claims, and Non-First
Lien Claims pursuant to the terms of the Plan.  The percentages of
New CEC Common Equity issued pursuant to the Plan will take into
account any dilution that would otherwise occur based on the
potential conversion of New CEC Convertible Notes to New CEC
Common
Equity but will not take into account the New CEC Common Equity
Buyback.

The WSJ related that the U.S. Trustee, which oversees the
administration of bankruptcy cases, also criticized the legal
releases as too broad for shielding against willful misconduct or
actual fraud.

                    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.


CASS PROPERTIES: Hires Kern as Bankruptcy Counsel
-------------------------------------------------
CASS Properties, LLC seeks authorization from the U.S. Bankruptcy
Court for the Southern District of Alabama to employ Christopher
Kern as attorney.

The Debtor requires Kern to prepare and file bankruptcy petition
and continue to represent the Debtor during the reorganization.

The Debtor will compensate Kern at the rate of $300 per hour.

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

Kern will receive a retainer amounting to $5,000.

Christopher Kern, Esq., assured the Court that the firm does not
have any connection with any other parties in interest involved in
this bankruptcy proceeding.

Kern may be reached at:

     Christopher Kern, Esq.
     PO Box 48
     Mobile, AL 36601
     Phone: (251)438-4357

               About CASS Properties, LLC

CASS Properties, LLC filed a Chapter 11 bankruptcy petition (Bankr.
S.D.Ala. Case No. 16-04035) on November 17, 2016. Christopher Kern,
Esq. serves as bankruptcy counsel.

The Debtor's assets and liabilities are both below $1 million.


CERATECH INC: Hires Hirschler Fleischer as Bankruptcy Counsel
-------------------------------------------------------------
CeraTech, Inc. seeks authorization from the U.S. Bankruptcy Court
for the Eastern District of Virginia to employ Hirschler Fleischer
as bankruptcy counsel.

The Debtor requires Hirschler Fleischer to:

   (a) advise the Debtor with respect to the powers and duties as
       a debtor-in-possession;

   (b) attend meetings and negotiate with representatives of
       creditors and other parties-in-interest;

   (c) take all necessary actions to protect and preserve the
       Debtor's estate, including the prosecution of actions on
       the Debtor's behalf, the defense of any actions commenced
       against the Debtor, and objections to claims filed against
       the Debtor's estate;

   (d) assist the Debtor in connection with preparing necessary
       motions, answers, applications, orders, reports, or other
       legal papers necessary to the administration of the estate,

       and to appear in Court on behalf of the Debtor in
       proceedings related thereto;

   (e) assist the Debtor in the preparation of a chapter 11 plan
       and disclosure statement, and in any and all other matters
       and proceedings in connection therewith, including
       attending court hearings;

   (f) represent the Debtor in matters which may arise in
       connection with its business operations, financial and
       legal affairs, dealings with creditors and other parties-   

       in-interest, sales and other transactional matters,
       litigation matters and in any other matters which may arise

       during this case; and

   (g) perform all other necessary legal services in connection
       with the prosecution of this case.

Hirschler Fleischer will be reimbursed for reasonable out-of-pocket
expenses incurred.

On November 2, 2016, Hirschler Fleischer received a $10,000
retainer in connection with this case. Upon information and belief,
the source of the retainer funds was Steel Cement, LLC, an entity
that has had discussions with Debtor's management about a possible
purchase of some or all of the Debtor's assets.

As of the entry of the order for relief in this case, Hirschler
Fleischer had drawn upon the Hirschler Fleischer Retainer in the
amount of $1,646.50, leaving a balance of $8,353.50. Hirschler
Fleischer intends to apply $922.00 of the Hirschler Fleischer
Retainer to pay the currently due Court fee for conversion of this
case from chapter 7 to chapter 11 of the Bankruptcy Code, which
will leave the Hirschler Fleischer Retainer with a balance of
$7,431.50.

Stephen E. Leach, shareholder of Hirschler Fleischer, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estate.

Hirschler Fleischer can be reached at:

       Stephen E. Leach,Esq.
       HIRSCHLER FLEISCHER PC
       8270 Greensboro Drive, Suite 700
       Tysons, VA 22102
       Tel: (703) 584-8362
       Fax: (703) 584-8901
       E-mail: sleach@hf-law.com

Sustainable Cements USA, APH (CeraTech Asia Pacific Holding, LTD),
and Peter Stork filed an involuntary petition to place CeraTech,
Inc. under Chapter 7 bankruptcy.  They purport to be creditors of
CeraTech.  They filed the petition (Bankr. E.D. Va. Case No.
16-13519) on Oct. 18, 2016.  The petitioning creditors are
represented by Alexander McDonald Laughlin, Esq. --
Alex.Laughlin@ofplaw.com -- at Odin Feldman & Pittleman, P.C.  

On Nov. 17, 2016, the Hon. Brian F Kenney entered an Order Granting
Motion to Convert Case to Chapter 11.


CONNECT TRANSPORT: PriorityOne, Magnolia Bank Tap Mullin, Henderson
-------------------------------------------------------------------
Derek A. Henderson, Esq., Attorney at Law, and Flannery H. Nardone,
Esq., of the firm Mullin, Hoard & Brown, LLP, filed on Dec. 7,
2016, with the U.S. Bankruptcy Court for the Northern District of
Texas a Rule 2019 Verified Statement of representation of
PriorityOne Bank and Magnolia State Bank in the Chapter 11 case of
Connect Transport, LLC, et al.

Creditors being represented by the Firms can be reached at:

     1) PriorityOne Bank
        P.O. Box 18409
        Hattiesburg, MS 39404

     2) Magnolia State Bank
        P.O. Box 41
        Laurel, MS 39441

The Firms can be reached at:

     Flannery H. Nardone, Esq.
     MULLIN HOARD & BROWN, LLP
     2515 McKinney Avenue Suite 900
     Dallas, TX 75214
     E-mail: fnardone@mhba.com

          -- and --

     Derek A. Henderson, Esq.
     1765-A Lelia Drive, Suite 103
     Jackson, Mississippi 39216
     Tel: (601) 948-3167
     E-mail: derek@derekhendersonlaw.com

                     About Connect Transport

Privately-held Connect Transport, LLC, provides transportation,
storage, producer, and marketing services for crude oil, natural
gas liquids, and condensates.

Connect Transport and its affiliates sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Texas Lead Case No.
16-33971) on Oct. 4, 2016.

The affiliated debtors are Big Rig Tanker, L.L.C., MG Rolling Stock
Land, L.L.C., Murphy Energy Corporation, Murphy Holdings, Inc.,
Port Allen Terminal, LLC, Port Hudson Terminal, LLC, Murphy
Terminals, LLC, and Connect Terminals, LLC (Case Nos. 16-33972 to
16-33979).

Connect Transport estimated assets of $500,000 to $1 million and
liabilities of $50 million to $100 million.  Murphy Energy Corp.
estimated $100 million to $500 million in both assets and
liabilities.

The Debtors tapped Dykema Cox Smith as legal counsel.  Houlihan
Lokey Capital, Inc., serves as the Debtors' investment banker while
Kurtzman Carson Consultants LLC serves as claims and noticing
agent.

The U.S. Trustee has formed an Official Committee of Unsecured
Creditors.  The Committee retained McCathern, PLLC, as counsel.


CONTROL VALVE: Taps Loftin, James Gaidry as Special Counsel
-----------------------------------------------------------
Control Valve Specialists, Inc. seeks approval from the U.S.
Bankruptcy Court for the Eastern District of Louisiana to hire a
special counsel to prosecute its claim tied to the Deepwater
Horizon oil spill.

The Debtor proposes to hire Loftin, Cain & LeBlanc, LLC and E.
James Gaidry, LLC to pursue its claim under the Deepwater Horizon
settlement program for damages sustained due to the oil spill in
the Gulf of Mexico.

The firms will charge a 20% contingency fee, with 10% to Loftin
Cain and 10% to James Gaidry.  

All ordinary litigation expenses incurred in connection with the
firms' handling of the claim will be paid by the Debtor if any
recoveries are made.  If no recoveries are made, the Debtor will
not be held liable for any costs incurred by the firms.

Loftin Cain and James Gaidry are "disinterested persons" as defined
in section 101(14) of the Bankruptcy Code, according to court
filings.

The firms can be reached through:

     James D. Cain, Jr., Esq.
     Loftin, Cain & LeBlanc, LLC
     113 Dr. Michael DeBakey Drive
     Lake Charles, LA 70601
     Phone: 337-310-4300
     Fax: 337-310-4400
     Email: james@lcllegal.com

     James Gaidry, Esq.
     E. James Gaidry, LLC
     7921 Park Avenue
     Houma, LA 70364

                About Control Valve Specialists

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

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

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

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


CRITICAL CAR: Hires Steven R. Fox as Counsel
--------------------------------------------
Critical Car Care, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Central District of California to employ
the Law Offices of Steven R. Fox as general bankruptcy counsel.

The Debtor requires LOSRF to:

      a. advise the Debtor with respect to its powers and duties as
a Debtor-in-Possession and the management of the property of the
estate and assist the Debtor in performing the duties required of
it as a Debtor-in-Possession;

      b. negotiate, formulate, draft, and confirm a plan of
reorganization and attend hearings before this Court in connection
with any proposed disclosure statements and plans of
reorganization, and, then and there, to conduct, if necessary,
examinations of interested parties and to advise the Debtor in
connection with any proposed plan of reorganization;

      c. examine all claims filed in these proceedings in order to
determine their nature, extent, validity and priority;

      d. advise and assist the Debtor in connection with the
collection of assets, the sale of assets, or the refinancing of
sale in order to implement any plan of reorganization which might
be confirmed in these proceedings;

      e. take actions as may be necessary to protect the properties
of this estate from seizure or other proceedings, pending
confirmation and consummation of the plan of reorganization in this
case;

      f. advise the Debtor with respect to the rejection or
assumption of executory contracts and leases;

      g. advise and assist the Debtor in fulfilling its obligations
as fiduciaries of the chapter 11 estate;

      h. prepare all necessary pleadings pertaining to matters of
bankruptcy law before the Court;

      i. prepare applications and reports as are necessary and for
which the services of an attorney are required including responding
to the compliance requirements of the U.S. Trustee;

      j. render other legal services for the Debtor for which the
services of a bankruptcy attorney may be necessary during the
pendency of this case; and

      k. perform all legal services required to assist the Debtor
in fulfilling  its duties under 11 USC sec. 1106 and 1107,
including all contested matters but excluding tax and securities
related services.

LOSRF will be paid at these hourly rates:

      Principal                      $450
      Associate                      $250-$450
      Law Clerk/Paralegal            $125

Prepetition, the Debtor paid $35,283 to LOSRF and paid $1,717 for
the chapter 11 filing fee. Prepetition, the firm incurred fees of
$11,580. This will leave $23,703 on hand in the client trust
account as of the chapter 11 filing date.

Steven R. Fox, Esq., assured the Court that his firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtor and its estates.

LOSRF may be reached at:

      Steven R. Fox, Esq.
      Law Offices of Steven R. Fox
      17835 Ventura Blvd., Suite 306
      Encino, CA 91316
      Phone: 818.774.3545
      Fax: 818.774.3707

               Â About Critical Car Care, Inc.

Critical Car Care, Inc. owns and operates two collision repair
centers in Lancaster and Quartz Hills, CA, employing some 15
employees and generates gross revenues in $1 million to $1.5
million range annually.  Critical Car Care, Inc. filed a voluntary
Chapter 11 petition (Bankr. C.D. Cal. Case No. 16-25072), on
November 14, 2016.  The Debtor is represented by Steven R. Fox,
Esq., at the Law Offices of Steven R. Fox.


CUMULUS MEDIA: S&P Lowers CCR to 'CC' on Debt Exchange Plan
-----------------------------------------------------------
S&P Global Ratings' said that it lowered its corporate credit
ratings on Atlanta-based Cumulus Media Inc. and its subsidiary
Cumulus Media Holdings Inc. to 'CC' from 'CCC'.  The rating outlook
is negative.

"The downgrade follows Cumulus' announcement that it has offered to
exchange its 7.75% senior notes due 2019 for debt and common stock
in the company," said S&P Global Ratings' credit analyst Jeanne
Shoesmith.  "The company's debt is trading at significant discounts
to par of up to 60%, and we believe its capital structure is
unsustainable."  If Cumulus completes the exchange transaction, S&P
would view it as distressed and tantamount to a default, based on
its criteria.

The company offered to exchange its 7.75% notes due 2019 for common
stock in the company and debt.  If the offer successfully garners
interest from 95% of noteholders, the participation threshold to
close, the transaction would reduce leverage by 1.3x to about 9.4x
from an extremely high 10.7x as of Sept. 30, 2016. However, S&P
would still view the capital structure as unsustainable at these
levels.

The rating outlook is negative.  S&P intends to lower the corporate
credit rating to 'SD' and the senior note rating to 'D' on
completion of the exchange offer.  Subsequently, S&P would assign a
corporate credit rating and outlook that reflect the new capital
structure.



DIAMOND XPRESS: U.S. Trustee Tries To Block Disclosures Approval
----------------------------------------------------------------
Samuel K. Crocker, the U.S. Trustee for Region 8, filed with the
U.S. Bankruptcy Court for the Western District of Tennessee an
objection to Diamond Xpress, LLC's disclosure statement filed on
Oct. 21, 2016, referring to the Debtor's plan of reorganization.

The U.S. Trustee objects to the adequacy of the Debtor's proposed
Disclosure Statement.  According to the U.S. Trustee, the
Disclosure Statement does not provide adequate information about
the Class 4 General Unsecured Claims.  The Disclosure Statement
fails to detail the total amount of unsecured claims and the
proposed monthly payment amount to class.  It is impossible to
determine the reasonableness or feasibility of the Plan without
information about this expense.  So that unsecured creditors will
understand the treatment that they will receive, the Plan should
be amended to append a graph of Class 4 creditors showing: 1) name
of each creditor; 2) amount of each creditor's allowed claim; 3)
total pro rata amount to be distributed to each creditor; and 4)
monthly amount to be distributed to each creditor.   

Diamond Xpress, LLC, filed for Chapter 11 bankruptcy protection
(Bankr. W.D. Tenn. Case No. 16-23669) on April 18, 2016.  The
Debtor is represented by Russell W. Savory, Esq., at Beard &
Savory, PLLC.


DICKIE POH: Voluntary Chapter 11 Case Summary
---------------------------------------------
Debtor: Dickie Poh Corporation
        1508 Brook Rd
        Richmond, VA 23220

Case No.: 16-35990

Chapter 11 Petition Date: December 7, 2016

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

Judge: Hon. Kevin R. Huennekens

Debtor's Counsel: Richard C. Maxwell, Esq.
                  WOODS ROGERS PLC
                  10 S. Jefferson Street, Suite 1400
                  P. O. Box 14125
                  Roanoke, VA 24038-4125
                  Tel: (540) 983-7628
                  Fax: (540) 983-7711
                  E-mail: rmaxwell@woodsrogers.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Matthew Salisbury, 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/vaeb16-35990.pdf


DIOCESE OF STOCKTON: Panel Taps William Bettinelli as Reviewer
--------------------------------------------------------------
The Official Committee of Unsecured Creditors of Roman Catholic
Bishop of Stockton asks for permission from the U.S. Bankruptcy
Court for the Eastern District of California to retain William L.
Bettinelli as abuse claims reviewer.

Mr. Bettinelli's professional services will include, but will not
be limited to, reviewing and assessing Class 12 and 13 Tort Claims
under the Allocation Protocols. Any information submitted by Tort
Claimants to Mr. Bettinelli will be subject to a mediation
privilege, and production of any information by a Tort Claimant to
Mr. Bettinelli will not constitute a waiver of any attorney-client
privilege or attorney-work product doctrine, or any similar
privilege or doctrine. Prior to the effective date of a plan, Mr.
Bettinelli will review only those Tort Claims filed by the Claims
Bar Date, including any amendments to such timely filed Tort
Claims.

Mr. Bettinelli will be compensated for:

   (a) review of Tort Claims: $500 per claim; and

   (b) review of Tort Claims seeking reconsideration after initial

       award: $500 per claim; and

   (c) interviews of Tort Claimants (upon request by a Tort
       Claimant): $400 per hour plus a 12% administrative fee.

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

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

Mr. Bettinelli can be reached at:

       William L. Bettinelli
       JAMS, INC.
       18881 Von Karman Avenue
       Irvine, CA 92612
       Tel: (949) 224-1810
       Fax: (949) 224-1818

                   About Diocese of Stockton

The Diocese of Stockton, California was established on Feb. 21,
1962, by Pope John XXIII from the territory formerly located in the
Archdiocese of San Francisco and the Diocese of Sacramento. The
Diocese, comprising the six counties of San Joaquin, Stanislaus,
Calaveras, Tuolumne, Alpine, and Mono, currently serves
approximately 250,000 Catholics in 35 parishes.

As a religious organization, The Roman Catholic Bishop of
Stockton ("RCB") has no significant ongoing for-profit business
activities.  Revenue for the RCB principally comes from the annual
ministry appeal, fees for services provided to non-RCB entities,
donations, grants, and RCB ministry revenue.

When the Diocese was created, most, if not all, of the property of
the Parishes (excluding the pre- and/or elementary (K-8) schools)
was held in the name of the RCB. The RCB also held the property for
the cemeteries in the Diocese as well as some of the real property
to be used for future parishes.

Several Roman Catholic dioceses in the U.S. have filed for
bankruptcy to settle claims from current and former parishioners
who say they were sexually molested by priests.

In Stockton's case, the RCB filed a Chapter 11 bankruptcy petition
(Bankr. E.D. Cal. Case No. 14-20371) in Sacramento on Jan. 15,
2014.  Judge Christopher M. Klein oversees the case.  Attorneys at
Felderstein Fitzgerald Willoughby & Pascuzzi LLP serve as counsel
to the Debtor.

Stockton scheduled total assets of more than $7.2 million against
debt totaling $11.85 million.  The schedules also show that the
diocese has $1.6 million in secured debt.  Creditors of the
diocese assert $367,290 in unsecured priority claims and $9.88
million in unsecured non-priority claims.



DIRECTBUY HOLDINGS: Hires Carl Marks as Investment Banker
---------------------------------------------------------
DirectBuy Holdings, Inc. and its debtor-affiliates seek
authorization from the U.S. Bankruptcy Court for the District of
Delaware to employ Carl Marks Advisory Group LLC ("CMAG") as
investment banker, nunc pro tunc to the November 1, 2016 petition
date.

The Debtors require CMAG to continue to assist and advise the
Debtors with various services relating to the continued sale
process including, but not limited to:

   (a) assist the Debtors and their professionals in the review of

       any proposed Transaction and, if directed, evaluate
       alternatives for a Transaction;

   (b) participate in negotiations with parties in interest,
       including current or prospective creditors or claimants
       against the Debtors and their respective representatives in

       connection with any debt restructuring proposals and
       Transactions;

   (c) conduct a sale process for the Debtors;

   (d) negotiate and facilitate discussions among the creditors to

       achieve consensus around a restructuring plan; and

   (e) advise the Debtors on, and attend meeting of the Board of
       Directors, creditor groups, official constituencies and
       other interested parties.

In connection with the potential sale of the Debtors, CMAG will
perform the following services:

   (a) assist the Debtors in compiling a data room of any
       necessary and appropriate documents related to sale;

   (b) assist the Debtors in developing a list of suitable
       potential buyers who will be contacted on a discreet and
       confidential basis after approval by the Debtors;

   (c) coordinate the execution of confidentiality agreements for
       potential buyers wishing to review the information
       memorandum;

   (d) assist the Debtors in coordinating site visits for
       interested buyers and work with the management team to
       develop appropriate presentation for such visits;

   (e) solicit competitive offers from potential buyers;

   (f) advise and assist the Debtors in structuring the
       transaction and negotiating the transaction agreements;

   (g) provide testimony in support of the sale; and

   (h) assist the Debtors and its attorneys as is mutually agreed
       by the Debtors and CMAG.

CMAG will be paid the following fee structure:

   (a) Monthly Advisory Fee: A monthly fee of $60,000, which will
       be due and paid at the beginning of each month during the
       Term of Engagement Agreement. Beginning with the 4th month
       of the Engagement, 50% of the Monthly Advisory Fees may be
       credited against any Completion Fee; provided that such
       credit will not exceed $150,000.

   (b) Completion Fee: If a Restructuring or Transaction is
       consummated by DirectBuy, CMAG will be entitled to receive
       a completion fee. The Completion Fee will be payable in
       full on the date of the closing of a Restructuring or
       Transaction. The Completion Fee will be equal in amount to:

       -- The greater of $350,000 or 2% of the Transaction Value
          in a Transaction; or

       -- $350,000 in the case of a Restructuring with no
          Transaction; provided, however, that

       -- If all or substantially of the Debtors' assets are sold
          to the senior secured creditors/debt holders pursuant to

          a credit bid effectuated under section 363(k) of the
          Bankruptcy Code, such a sale shall be treated as a
          Restructuring with no Transaction.

   (c) Expenses. CMAG will be entitled to reimbursement for all
       reasonable out-of-pocket expenses.

Charles Boguslaski, partner of CMAG, assured the Court that the
firm is a "disinterested person" as the term is defined in Section
101(14) of the Bankruptcy Code and does not represent any interest
adverse to the Debtors and their estates.

The Court will hold a hearing on the application on December 12,
2016, at 1:00 p.m.  Objections were due on December 5, 2016.

CMAG can be reached at:

       Charles Boguslaski
       CARL MARKS ADVISORY GROUP LLC
       900 Third Avenue
       New York, NY 10022
       Tel: (212) 909-8400
       E-mail: cboguslaski@carlmarks.com

                      About DirectBuy Holdings

DirectBuy Holdings Inc., headquartered in Merrillville, Indiana, is
a membership buying club that operates under a franchise business
model.  DirectBuy Holdings, Inc., United Consumers Club,
Incorporated, DirectBuy, Inc., Beta Finance Company, Inc., UCC
Distribution, Inc., U.C.C. Trading Corporation, National Management
Corporation, and UCC of Canada, Inc., each filed chapter 11
petitions (Bankr. D. Del. Lead Case No. 16-12435) on Nov. 1, 2016.
The Debtors are represented by Marion M. Quirk, Esq., Nicholas J.
Brannick, Esq., Michael D. Sirota, Esq., Ilana Volkov, Esq., Felice
R. Yudkin, Esq., at Cole Schotz P.C.  Prime Clerk LLC serves as
their claims and noticing agent.  Carl Marks & Co. serves as their
financial advisor.  

Judge Christopher S. Sontchi has been assigned the cases.

DirectBuy Holdings estimated $100 million to $500 million in both
assets and liabilities.  The petitions were signed by Michael P.
Bornhorst, chief executive officer.

The Company's Canadian subsidiaries were slated on Nov. 2, 2016, to
commence proposal proceedings under the Bankruptcy and Insolvency
Act ("BIA") to obtain an Order from the Ontario Superior Court of
Justice approving proposals to be made by the Canadian Subsidiaries
to their respective creditors under Part III of the BIA.

Andrew R. Vara, Acting U.S. Trustee for Region 3, appointed five
creditors of DirectBuy Holdings, Inc., to serve on the official
committee of unsecured creditors.


DIRECTBUY HOLDINGS: Hires Prime Clerk as Administrative Advisor
---------------------------------------------------------------
DirectBuy Holdings, Inc. and its debtor-affiliates seek
authorization from the U.S. Bankruptcy Court for the District of
Delaware to employ Prime Clerk LLC as administrative advisor, nunc
pro tunc to the November 1, 2016 petition date.

The Debtors require Prime Clerk to:

   (a) assist with, among other things, solicitation, balloting
       and tabulation of votes, and prepare any related reports,
       as required in support of confirmation of a Chapter 11
       plan, and in connection with such services, process
       requests for documents from parties in interest, including,

       if applicable, brokerage firms, bank back-offices and
       institutional holders;

   (b) prepare an official ballot certification and, if necessary,

       testify in support of the ballot tabulations results;

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

   (d) provide confidential data room, if requested;

   (e) manage and coordinate any distributions pursuant to chapter

       11 plan; and

   (f) provide other processing, solicitation, balloting and other

       administrative services described in the Engagement
       Agreement, but not included in the Section 156(c)
       Application, as may be requested from time to time by the   

       Debtors, the Court or the Office of the Clerk of the
       Bankruptcy Court.

Prime Clerk will be paid at these hourly rates:

       Analyst                     $30-$50
       Technology Consultant       $35-$85
       Consultant/Sr. Consultant   $65-$170
       Director                    $175-$195
       Solicitation Consultant     $190
       Director of Solicitation    $210

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

Michael J. Frishberg, co-president and chief operating officer of
Prime Clerk, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtors and
their estates.

The Court will hold a hearing on the application on December 12,
2016, at 1:00 p.m.  Objections were due on December 5, 2016.

Prime Clerk can be reached at:

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

                    About DirectBuy Holdings

DirectBuy Holdings Inc., headquartered in Merrillville, Indiana, is
a membership buying club that operates under a franchise business
model.  DirectBuy Holdings, Inc., United Consumers Club,
Incorporated, DirectBuy, Inc., Beta Finance Company, Inc., UCC
Distribution, Inc., U.C.C. Trading Corporation, National Management
Corporation, and UCC of Canada, Inc., each filed chapter 11
petitions (Bankr. D. Del. Lead Case No. 16-12435) on Nov. 1, 2016.
The Debtors are represented by Marion M. Quirk, Esq., Nicholas J.
Brannick, Esq., Michael D. Sirota, Esq., Ilana Volkov, Esq., Felice
R. Yudkin, Esq., at Cole Schotz P.C.  Prime Clerk LLC serves as
their claims and noticing agent.  Carl Marks & Co. serves as their
financial advisor.  

Judge Christopher S. Sontchi has been assigned the cases.

DirectBuy Holdings estimated $100 million to $500 million in both
assets and liabilities.  The petitions were signed by Michael P.
Bornhorst, chief executive officer.

The Company's Canadian subsidiaries were slated on Nov. 2, 2016, to
commence proposal proceedings under the Bankruptcy and Insolvency
Act ("BIA") to obtain an Order from the Ontario Superior Court of
Justice approving proposals to be made by the Canadian Subsidiaries
to their respective creditors under Part III of the BIA.

Andrew R. Vara, Acting U.S. Trustee for Region 3, appointed five
creditors of DirectBuy Holdings, Inc., to serve on the official
committee of unsecured creditors.


DONALD R. SWEAT: US Trustee Tries To Block OK of Disclosures
------------------------------------------------------------
Samuel K. Crocker, the U.S. Trustee for Region 8, filed with the
U.S. Bankruptcy Court for the Western District of Tennessee an
objection to the disclosure statement filed on Oct. 17, 2016,
referring to the Debtor's plan of reorganization.

The U.S. Trustee objects to the adequacy of the Debtor's proposed
Disclosure Statement.

The Disclosure Statement, according to the U.S. Trustee, does not
contain an income and expense report for the entire post-petition
period including a pro forma balance sheet from date of filing
to the date the statement was filed, which would enable creditors
to assess the current financial status of the Debtor.  The Debtor's
Disclosure Statement should detail the Debtor's post-petition
income and expenses of the Debtor, the U.S. Trustee says.   

The U.S. Trustee complains that the Disclosure Statement does not
provide a statement of projected income and expenses to allow
creditors to determine the reasonableness of the Plan.  Future
expenses should factor in payments called for under the Plan,
specifically setting out payments to administrative, priority and
secured creditors.  The projections should be accompanied by a
statement setting forth the underlying assumptions indulged in by
the Debtor in developing the projections.   

The U.S. Trustee says that the Disclosure Statement does not
provide an adequate liquidation analysis.  The Disclosure Statement
should include a liquidation analysis which sets forth in a clear
format: estimated administrative expenses, estimated priority,
secured, and unsecured claims along with the estimated asset values
currently provided.

The U.S. Trustee claims that inadequate information has been
provided concerning the Debtor's post petition operations.  The
Debtor has filed no Monthly Operating Reports for July, August,
September, and October 2016.  The non-filing of Monthly Operating
Reports makes it impossible to assess the Disclosure Statement
based on mathematical data in the reports.

As reported by the Troubled Company Reporter on Oct. 26, 2016, the
Debtor filed with the Court a disclosure statement dated Oct. 17,
2016, describing the Debtor's plan of reorganization.  General
unsecured creditors are classified in Class 2 and will receive a
distribution of 10% of their allowed claims, to be distributed per
the treatment set out in the Plan.  This class is impaired under
the Plan.  Total payout is $2,705.15.  The claimholders will
receive an annual payment of $541.03 for five years.

Donald R. Sweat filed for Chapter 11 bankruptcy protection (Bankr.
W.D. Tenn. Case No. 16-10107) on Jan. 19, 2016.  The Debtor is
represented by Thomas H. Strawn, Esq., at Strawn & Edwards, PLLC.


DORCH COMMUNITY: Hires R. Patten Watson as Accountant
-----------------------------------------------------
Dorch Community Care Center, LLC seeks authorization from the U.S.
Bankruptcy Court for the South District of Carolina to employ R.
Patten Watson, III, as accountant for Debtor-in-Possession.

The Debtor requires R. Patten Watson to handle the accounting
duties as duties as an independent contractor for the
Debtor-in-Possession.

R. Patten Watson will be paid at $55-$110 per hour.

R. Patten Watson, III, CPA assured the Court that he is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtor and its estates.

R. Patten Watson may be reached at:

      R. Patten Watson, III, CPA
      2026 Assembly St., Suite 209
      Columbia, SC 29201
      Tel: (803)771-0640
      Fax: (803)771-0652
    
            About Dorch Community Care Center LLC

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


EARTH PRODUCTS: Hires Forshey & Prostok as Attorneys
----------------------------------------------------
Earth Products, Inc. seeks authorization from the U.S. Bankruptcy
Court for the Northern District of Texas to employ Forshey &
Prostok, LLP as attorneys as of the October 25, 2016 petition
date.

The Debtor requires Forshey & Prostok to:

   (a) advise the Debtor of its rights, powers and duties as a
       debtor and debtor-in-possession;

   (b) advise the Debtor concerning, and assisting in the
       negotiation and documentation of, agreements, debt
       restructurings, and related transactions;

   (c) review the nature and validity of liens asserted against
       the property of the Debtor and advising the Debtor
       concerning the enforceability of such liens;

   (d) advise the Debtor concerning the actions that it might take

       to collect and to recover property for the benefit of the
       Debtor's estate;

   (e) prepare on behalf of the Debtor all necessary and
       appropriate applications, motions, pleadings, draft orders,

       notices, schedules and other documents and reviewing all
       financial and other reports to be filed in the Chapter 11
       case;

   (f) advise the Debtor concerning, and preparing responses to,
       applications, motions, pleadings, notices and other papers
       that may be filed and served in the Chapter 11 case;

   (g) counsel the Debtor in connection with the formulation,
       negotiation and promulgation of a plan of reorganization
       and related documents;

   (h) perform all other legal services for an on behalf of the
       Debtor that may be necessary or appropriate in connection
       with, or arising from, this Chapter 11 case or the Debtor's

       business and operations, including advising and assisting
       the Debtor with respect to debt restructurings and asset
       dispositions, and general partnership, tax, finance, real
       estate and litigation matters; and

   (i) advise and represent the Debtor on all matters and
       undertakings with respect to which Forshey & Prostok may be

       requested to either undertake or advise the Debtor.

Forshey & Prostok will be paid at these hourly rates:

       Partners                           $575
       Associates or Contract Attorneys   $210-$425
       Legal Assistants                   $150-$195

Forshey & Prostok will also be reimbursed for reasonable
out-of-pocket expenses incurred.

On October 21, 2016, Forshey & Prostok received a retainer of
$20,000. The current unused balance of the prepetition retainer
paid to Forshey & Prostok is $9,488.

J. Robert Forshey, partner of Forshey & Prostok, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estate.

Forshey & Prostok can be reached at:

       J. Robert Forshey, Esq.
       Clarke V. Rogers, Esq.
       FORSHEY & PROSTOK, LLP
       777 Main Street, Suite 1290
       Fort Worth, TX 76102
       Tel: (817) 877-8855
       Fax: (817) 877-4151
       E-mail: bforshey@forsheyprostok.com
               crogers@fosheyprostok.com

Earth Products, Inc. dba H9 Water, based in Forth, Tex., filed a
Chapter 11 petition (Bankr. N.D. Tex. Case No. 16-44084) on October
25, 2016. The Hon. Mark X. Mullin presides over the case.  Robert
J. Forshey, Esq. of Forshey & Prostok LLP serves as bankruptcy
counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.  The petition was signed by Rachel
Patman, chairman of the Board of Directors.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/txnb16-44084.pdf


ELBIT IMAGING: Plaza Subsidiary Acquires EUR 10-Mil. Bank Loan
--------------------------------------------------------------
Elbit Imaging Ltd. announced that a fully owned subsidiary of Plaza
Centers N.V., an indirect subsidiary (45%) of the Company, has
acquired a bank loan of approximately Euro 10 million, which is
held against Plaza's plot in Romania, for a total consideration of
Euro 1.35 million.

The transaction represents a discount of approximately 86.5% on the
outstanding bank loan and the Lender has transferred all the
collateral granted with respect of the loan to Plaza, while also
releasing Plaza from its recourse loan.  As part of the terms of
the transaction, the Lender has been granted a purchase option for
a term of three years, to acquire the plot for Euro 1.1 million.

                      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.

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

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.


ELBIT IMAGING: Signs EUR 1.2 Million Settlement with Klepierre
--------------------------------------------------------------
Elbit Imaging Ltd. announced, further to the announcement dated
July 7, 2016, regarding the ruling of the International Court of
Arbitration in which Plaza Centers N.V., an indirect subsidiary of
the Company, was found liable for an indemnification claim in favor
of Klepierre S.A., the following:

  1. Due to the guarantee of EI to the original transaction and
     according to Dutch law, EI is obliged to pay the amount
     determined by the International Court of Arbitration.

  2. The Company and Klepierre reached a settlement in which,
     inter alia, EI will pay Euro 1.2 million to Klepierre and
     Klepierre will release all of its claims against EI, its
     fully owned subsidiary, Elbit Ultrasound (Luxembourg)
     B.V./S.À.R.L. (who was also a guarantor to Plaza) and Plaza.

In addition, Plaza paid to Klepierre the costs arising from the
legal process in the amount of approximately Euro 0.6 million.

                      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.

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

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.


ENERGY FUTURE: Jan. 4 Disclosure Statement Hearing Set
------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware scheduled a
hearing (x) on Jan. 4, 2017 to consider approving the Disclosure
Statement and (y) beginning on Feb. 14, 2017 to consider
confirmation of the Fifth Amended Joint Plan of Reorganization of
Energy Future Holdings Corp., Energy Future Intermediate Holding
Company LLC and EFIH Finance Inc. and certain of EFH Corp.'s
subsidiaries.

The EFH Debtors filed the Fifth Amended Joint Plan and Disclosure
Statement on Dec. 1, 2016.

At February's hearing, the Court will also consider the Company's
proposed sale of its power lines business to NextEra Energy Inc for
$18.6 billion.

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

The Troubled Company Reporter, citing information from the American
Bankruptcy Institute and from Tom Hals of Reuters, reported on Dec.
7, 2016, the key changes reflected in the Fifth Amended Joint
Plan:

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

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

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

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

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

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

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

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

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

A copy of the Fifth Amended Plan is available at:

         https://is.gd/e6A0dJ

                        Merger Agreements

In July 2016, EFH Corp. and EFIH entered into an Agreement and Plan
of Merger with NextEra and a wholly-owned subsidiary of NEE (Merger
Sub).  The Merger Agreement was amended in September 2016.

Pursuant to the Merger Agreement, at the effective time of the Plan
of Reorganization as it relates to the EFH Debtors, NEE will
acquire the EFH Debtors (as reorganized) as a result of a merger
(EFH Debtor Merger) between EFH Corp. and Merger Sub in which
Merger Sub will survive as a wholly owned subsidiary of NEE. The
consideration payable by NEE pursuant to the Merger Agreement
consists of cash and NEE common stock paid to certain creditors of
the EFH Debtors. The Merger Agreement was approved by the
Bankruptcy Court in September 2016.

The Merger Agreement contains representations and warranties and
interim operating covenants that are customary for an agreement of
this nature. The Merger Agreement also includes various conditions
precedent to consummation of the transactions, including a
condition that certain approvals and rulings are obtained,
including from the PUCT, the FERC and the IRS. NEE will not be
required to consummate the EFH Debtor Merger if, among other items,
the PUCT approval is obtained but with conditions, commitments or
requirements that impose a Burdensome Condition.

In October 2016, NEE and Oncor filed a joint merger approval
application with the PUCT. The PUCT has up to 180 days to approve
the application.  NEE's and Merger Sub's obligations under the
Merger Agreement are not subject to any financing condition.

Following the approval of the Merger Agreement by the Bankruptcy
Court and until confirmation of the Plan of Reorganization as it
relates to the EFH Debtors by the Bankruptcy Court, EFH Corp. and
EFIH may continue or have discussions or negotiations with respect
to acquisition proposals for the EFH Debtors (a) with persons that
were in active negotiation at the time of approval of the Merger
Agreement by the Bankruptcy Court and (b) with persons that submit
an unsolicited acquisition proposal that is, or is reasonably
likely to lead to, a Superior Proposal (as defined in the Merger
Agreement). If the Merger Agreement is terminated for certain
reasons set forth therein and an alternative transaction is
consummated by EFH Corp. or EFIH in which neither NEE nor any of
its affiliates obtains direct or indirect ownership of
approximately 80% of Oncor, then EFH Corp. and/or EFIH will be
required to pay a termination fee of $275 million to NEE (though
the allocation between EFH Corp. and EFIH of such fee is subject to
a separate order of the Bankruptcy Court).

The Merger Agreement may be terminated upon certain events,
including, among other things:

     -- by either party, if the EFH Debtor Merger is not
        consummated by March 26, 2017, subject to a 90-day
        extension under certain conditions, or

     -- by EFH Corp. or EFIH, until the entry of the confirmation
        order of the Plan of Reorganization with respect to the
        EFH Debtors, if their respective board of directors or
        managers determines, after consultation with its
        independent financial advisors and outside legal counsel,
        and based on advice of such counsel, that the failure to
        terminate the Merger Agreement is inconsistent with its
        fiduciary duties; provided that a material breach of EFH
        Corp.'s or EFIH's obligations under certain provisions of
        the Merger Agreement has not provided the basis for such
        determination.

In October 2016, an affiliate of NEE entered into an Agreement and
Plan of Merger (the TTI Merger Agreement) with Texas Transmission
and certain of its affiliates to purchase Texas Transmission's
19.75% interest in Oncor for approximately $2.4 billion. The TTI
Merger Agreement contains various conditions precedent to
consummation of the transactions contemplated thereby. In
connection with the TTI Merger Agreement and subject to Bankruptcy
Court approval, EFH Corp. waived its rights of first refusal to
purchase -- as set forth in an Investor Rights Agreement, dated
November 5, 2008, by and among Oncor, Oncor Holdings, TTI and EFH
Corp. -- Texas Transmission's 19.75% interest in Oncor. So long as
such waiver is in effect, NEE has agreed not to consummate the
transactions contemplated by the TTI Merger Agreement prior to the
consummation of the transactions contemplated by the Merger
Agreement.

In October 2016, an affiliate of NEE entered into an Interest
Purchase Agreement (the Oncor Purchase Agreement) with Oncor and
Oncor Management Investment LLC, an entity that owns approximately
0.22% interest in Oncor on behalf of certain members of Oncor's
current and former management, for approximately $27 million.  The
Oncor Purchase Agreement contains various conditions precedent to
consummation of the transactions contemplated thereby, including
the consummation of the transactions contemplated by the Merger
Agreement.

                     EFH Turns to Black in Q3

EFH Corp. last month released earnings results for the three and
nine months ended Sept. 30, 2016.  For the quarter, EFH posted a
net income of $166 million.  This is a turnaround from the net loss
of $1.46 billion the Company reported for the third quarter in
2015.  For the nine months ended Sept. 30, 2015, EFH posted a net
loss of $413 million compared to a net loss of $3.19 billion for
the same period in 2015.

EFH said operating revenues were $1.69 billion for the three months
ended Sept. 30, 2016, compared to $1.73 billion for the same period
in 2015.  EFH said operating revenues were $3.97 billion for the
nine months ended Sept. 30, 2016, compared to $4.26 billion for the
same period in 2015.  

                        About Energy Future

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

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

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

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

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

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

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

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

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

                          *     *     *

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

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

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

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


EQUINIX INC: Asset Purchase No Impact on Moody's Ba3 CFR
--------------------------------------------------------
Moody's Investors Service said that Equinix, Inc.'s announcement of
a definitive agreement to purchase certain data centers from
Verizon Communications Inc. ("Verizon") is unlikely to impact
Equinix's Ba3 corporate family rating (CFR) or stable outlook.
Equinix plans to acquire 29 data centers from Verizon (Baa1,
stable) for $3.6 billion in cash and for the permanent financing of
the transaction to include a mix of debt and stock. Moody's expects
any potential increase in leverage to be temporary. Moody's expects
the transaction to close by mid-2017.

The transaction is positive for Equinix because it will add key
assets such as the Culpeper center in Northern Virginia, the NAP of
the Americas in Miami, and NAP Do Brazil in Sao Paulo. The 29
acquired data centers are in 15 metros and include two locations in
South America. Although the growth profile and mix of
interconnection revenues of Verizon's assets are lower relative to
Equinix's base, the acquired properties' likely higher mix of
enterprise customers is positive.

Moody's expects Equinix to finance the transaction with a mix of
debt and equity such that the incremental leverage from the deal is
offset by growth over an 18 to 24 month timeframe after close. The
acquired assets are located in mostly owned properties, which will
increase the mix of owned assets in Equinix's overall portfolio by
approximately 5%. "We believe that Equinix's leverage tolerance
could improve if it generates the majority of cash flows from its
own unencumbered assets." Moody's said. The final mix of debt
issued to fund the transaction could impact the notching of
Equinix's existing secured (Ba2) and unsecured (B1) ratings.

RATING RATIONALE

Equinix's Ba3 Corporate Family Rating reflects its position as the
leading global independent data center operator offering
carrier-neutral data center and interconnection services to large
enterprises, content distributors and global Internet companies.
The rating also incorporates the company's stable base of
contracted recurring revenues, its strategic real estate holdings
in key communications hubs and the favorable near-term growth
trends for data center services across the world. These positive
factors are offset by significant industry risks, intensifying
competition, an aggressive M&A program and relatively high capital
intensity. The rating also reflects Moody's concerns that the
company's cash flow profile will remain under pressure due to the
high dividend associated with its REIT status such that it will
raise additional debt to finance its capital requirements for
dividends, M&A and capital investment.

Moody's could upgrade Equinix' ratings if the company is on track
to generate consistent positive free cash flow after dividends and
leverage can be sustained below 4x. Alternatively, if Equinix can
maintain moderate leverage and low levels of secured debt while
increasing the proportion of cash flows generated from owned
properties towards two-thirds of total and reduce its annual cash
flow deficits meaningfully, the rating could be upgraded.

The ratings could be downgraded if leverage is sustained above 5x
(Moody's adjusted) for an extended timeframe. If Equinix does not
raise a meaningful amount of equity capital to finance the
acquisition of assets from Verizon, leverage would likely exceed 5x
(Moody's adjusted) for an extended period and Equinix's ratings
could be downgraded.


ERICKSON INC: Begins Syndicate Participation in DIP Term Facility
-----------------------------------------------------------------
Erickson Incorporated, a global provider of aviation services, on
Dec. 8, 2016, announced the commencement of a process to syndicate
participation in a debtor-in-possession term loan facility (the
"DIP Term Facility") by eligible beneficial holders of Erickson's
8.25% Second Priority Senior Secured Promissory Notes due 2020
("Second Priority Notes") as of December 2, 2016.  Such eligible
beneficial holders of Second Priority Notes shall have the
opportunity to purchase a portion of $62,500,000 in aggregate
principal amount of the DIP Term Facility pursuant to certain
syndication procedures (the "Syndication Procedures") established
by Erickson, certain holders of the Second Priority Notes that
entered into a creditor support agreement with the Debtors and
certain other creditors of the Debtors, and the agent under the DIP
Term Facility.  The Syndication Procedures were filed on the docket
of the United States Bankruptcy Court for the Northern District of
Texas (the "Bankruptcy Court") on
November 29, 2016 at docket number 110.  On December 2, 2016, the
Bankruptcy Court entered into a final order granting final approval
of the DIP Term Facility (the "Final DIP Order"), and pursuant to
the Final DIP Order, Erickson has been authorized to assist in the
syndication of the DIP Term Facility in accordance with the
Syndication Procedures.

Participation in the opportunity is limited to an eligible holder
of the Second Priority Notes (including each Backstop Party (as
defined in the Final DIP Order)) that is an entity that is (i)
either (A) a Qualified Institutional Buyer, as such term is defined
in Rule 144A under the Securities Act or (B) an Institutional
Accredited Investor within the meaning of Rule 501(A)(1), (2), (3)
or (7) under the Securities or an entity in which all of the equity
investors are such institutional "Accredited Investors" under the
Securities Act, (ii) a beneficial holder of Second Priority Notes
on December 2, 2016, and (iii) not the Company or an affiliate of
the Company and (iv) a Backstop Party (as defined in the Final DIP
Order).

Pursuant to the Syndication Procedures, the syndication process
shall begin on December 8, 2016 and expire at 5:00 P.M. New York
City time on December 19, 2016, unless extended or earlier
terminated by mutual agreement of the Backstop Parties, the Company
and the agent under the DIP Term Facility.  Detailed information
concerning eligibility for participation in the DIP Term Facility
syndication, the requirements and process for participation, and
various relevant deadlines in connection with the syndication are
set forth in the Syndication Procedures.

Holders of Second Priority Notes may obtain copies of the
Syndication Procedures and related documents upon request to
Erickson's Information Agent, Kurtzman Carson Consultants, 1290
Avenue of the Americas, 9 [th] Floor, New York, NY 10104, Attn:
Erickson Incorporated, Telephone: (917) 281-4800, Email:
ericksondip@kccllc.com.

                          About Erickson

Founded in 1971, Erickson Incorporated --
http://www.ericksoninc.com/-- is a vertically-integrated   
manufacturer and operator of the powerful heavy-lift Erickson S-64
Aircrane helicopter, and is a leading global provider of aviation
services.

Erickson currently possesses a diverse fleet of 69 rotary-wing and
fixed-wing aircraft that support a variety of government and civil
customers worldwide.

The Company, which employs 711 individuals, has a broad range of
aerial services consisting of three primary business segments: (i)
global defense and security, (ii) civil aviation services, and
(iii) manufacturing and maintenance, repair, and overhaul.

Jeff Roberts was appointed as president and chief executive officer
in April 2015.  

Erickson Incorporated, based in Portland, OR, and its affiliates
each filed a Chapter 11 petition (Bankr. N.D. Tex.; Erickson
Incorporated, Case No. 16-34393; Evergreen Helicopters
International, Inc., Case No. 16-34392; EAC Acquisition
Corporation, Case No. 16-34394; Erickson Helicopters, Inc., Case
No. 16-34395; Erickson Transport, Inc., Case No. 16-34396;
Evergreen Equity, Inc., Case No. 16-34397; Evergreen Unmanned
Systems, Inc., Case No. 16-34398) on Nov. 8, 2016.  The Hon.
Barbara J. Houser presides over the cases.

In its petition, Erickson estimated $942.8 million in assets and
$881.5 million in liabilities.  

The Debtors have hired Haynes and Boone, LLP as counsel; Imperial
Capital LLC, as investment banker; Alvarez & Marsal as financial
and restructuring advisor; and Kurtzman Carson Consultants as
claims and noticing agent.


ESPRESSO DREAM: Taps Auction Advisors to Market Leases
------------------------------------------------------
Espresso Dream LLC asks for permission from the Hon. Michael E.
Wiles of the U.S. Bankruptcy Court for the Southern District of New
York to employ Auction Advisors as auctioneer to market and sell
its interest in 4 non-residential real property leases for premises
located at (i) 1 Broadway, New York, New York, (ii) 201 West 21st
Street, New York, New York, (iii) 42 East 46th Street, New York,
New York, and (iv) 2541 Broadway, New York, New York, together with
the furniture, fixtures, and equipment located there at (the
"Assets").

The auctioneer will undertake all services necessary to market the
Assets using a customized accelerated marketing program to attract
buyer inquiries, assure such inquiries become informed bidders,
develop rapport with such potential buyers, foster competitive
bidding among auction participants, and realize the highest
achievable sales price for the Assets in a compressed time period.
This method of advertising is done over an anticipated two-week
marketing program, which commenced on November 19, 2106.  Various
methods of advertising will be used including, but not limited to,
display advertising, online advertising, email notification and
telemarketing.

Auction Advisors will be compensated at:

   (a) Fixed Auction Management Fee: $5,000 for costs and expenses

       associated with setting up the Assets for auction and
       implementing an accelerated marketing campaign; and  

   (b) Incentive Compensation: Auctioneer will earn 50% of the
       amount by which the auction day bid amounts exceed the
       "stalking horse" bid amounts for all 4 properties,
       provided, however, the gross amount paid to auctioneer
       shall not exceed 5% of the overall proceeds realized for
       the sale of the 4 properties.

Joshua Olshin, managing partner of Auction Advisors, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estate.

Auction Advisors can be reached at:

       Joshua Olshin
       AUCTION ADVISORS
       1350 Avenue of the Americas, 2nd Floor
       New York, NY 10019
       Tel: (800) 862-4348

                     About Espresso Dream

Espresso Dream LLC filed a Chapter 11 petition (Bankr. S.D. N.Y.
Case No.: 16-12749) on September 30, 2016, and is represented by
Jonathan S. Pasternak, Esq., in White Plains, New York.

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

The petition was signed by Moshe Maman, manager.

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


ETERNAL ENTERPRISE: Use of Hartford Cash Until Dec. 31 Okayed
-------------------------------------------------------------
Judge Ann M. Nevins of the U.S. Bankruptcy Court for the District
of Connecticut authorized Eternal Enterprise, Inc. to use Hartford
Holdings, LLC's cash collateral from Dec. 1, 2016 through Dec. 31,
2016.

Judge Nevins acknowledged that the Debtor's use of cash collateral
is in the best interest of the Debtor, Hartford Holdings, and all
creditors and parties in interest.

The Debtor is authorized to use up to $120,000 of cash collateral
and make a reduced adequate protection payment of $353 to Hartford
Holdings.

The Debtor is ordered to pay make up payments to Hartford Holdings
in the amount of $34,647, for the difference between the $353
adequate protection payment and the sum of $35,000, which was
previously used to establish adequate protection payments.

The Debtor is further ordered to deposit $12,000 into its Adequate
Protection Escrow Account, to reflect an escrow for future
insurance premium expense, as well as to make direct monthly
payments to the City of Hartford, in the amount of $29,000, to be
applied to the real estate obligations for the Debtor's several
properties located in the City of Hartford.

Hartford Holdings, as successor-in-interest to Astoria Federal
Mortgage Corporation, is granted replacement liens in all the
Debtor's after-acquired property, of the same extent and priority
to that which Astoria Federal Mortgage Corporation enjoyed with
regard to the said property as of the Petition Date.

A continued hearing on the Debtor's use of cash collateral is
scheduled on Jan. 4, 2017 at 11:00 a.m.

A full-text copy of the Order dated Dec. 5, 2016, is available at
http://bankrupt.com/misc/EternalEnterprise2014_1420292_777.pdf

                About Eternal Enterprise, Inc.

Eternal Enterprises Inc. -- http://www.eternalenterprises.net/--
filed a Chapter 11 bankruptcy petition (Bankr. D. Conn. Case No.
14-20292) on Feb. 19, 2014.  The petition was signed by Vera
Mladen, president.  The Debtor owns and manages eight properties
located in Hartford, Conn.  Judge Ann M. Nevins presides over the
case.  The Debtor is represented by Irene Costello, Esq., at
Shipkevich, PLLC.  The Debtor estimated assets at $50,000 to
$100,000 and debt at $1 million to $10 million at the time of the
chapter 11 filing.


EXPERIMENTAL MACHINE: Hires Scarlett, Croll & Myers as Attorneys
----------------------------------------------------------------
Experimental Machine, Inc., seeks authorization from the U.S.
Bankruptcy Court for the District of Maryland to employ Scarlett,
Croll & Myers, PA  as attorneys.

The Debtor requires Scarlett, Croll & Myers to:

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

      b. advise the Debtor concerning, and assist in the
negotiation and documentation of financing agreements, debt
re-structuring and related transactions;

      c. represent the Debtor in defense of any proceedings
instituted to reclaim property or to obtain relief from the
automatic stay under sec. 362(a) of the Bankruptcy Code;

      d. review the nature and validity of liens asserted against
the property of the Debtor and advising the Debtor concerning the
enforceability of such liens;

      e. advise the Debtor concerning the actions that it might
take to collect and recover property for the benefit of the
Debtor's estate;

      f. prepare on behalf of the Debtor all necessary and
appropriate applications, motions, pleadings, draft orders,
notices, schedules and other documents, and reviewing all financial
and other reports to be filed in this bankruptcy proceeding;

      g. advise the Debtor concerning, and prepare responses to
applications, motions, pleadings, notices and other papers that may
be filed and served in this bankruptcy proceeding;

       h. counsel the Debtor in connection with the formulation,
negotiation and promulgation of a plan of reorganization or
liquidation and related documents; and

       i. perform all other legal services it is qualified to
handle for and on behalf of the Debtor that may be necessary or
appropriate in the administration of this bankruptcy proceeding.

Scarlett, Croll & Myers will be paid at these hourly rates:

      Michael Myers, Esq.              $340
      Law Clerks and Paralegals        $125

Prior to the filing of this Petition, Applicant received $5,000.00
on November 10, 2016 and $20,248.48 on November 18, 2016 from the
Debtor for work involving modification of the Debtor's lease and
preparation of the Debtor's Chapter 11 petition and first-day
motions.  The Debtor applied $1,717.00 toward payment of the
Debtor's filing fee.  The Debtor presently has a retainer of
$2,752.52 in its escrow account.

Scarlett, Croll & Myers will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Michael Myers, Esq., an attorney of Scarlett, Croll & Myers, PA,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

Scarlett, Croll & Myers may be reached at:

      Michael Myers, Esq.
      Scarlett, Croll & Myers, PA
      201 N. Charles Street, Suite 600
      Baltimore, MD 21201
      Phone: 410-468-3100
      Fax: 410-332-4026

                   About Experimental Machine

Experimental Machine, Inc., filed a chapter 11 petition (Bankr. D.
Md. Case No. 16-25294) on Nov. 18, 2016.   The Debtor is
represented by Michael S. Myers, Esq., at Scarlett, Croll & Myers,
P.A.


GAURI-SHANKAR LP: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Gauri-Shankar, L.P. as of
Dec.7, according to a court docket.

Gauri-Shankar is represented by:

     Carmen D. Conde Torres, Esq.
     C. Conde & Assoc.
     254 San Jose Street, 5th Floor
     San Juan, PR 00901-1523
     Email: pwilliambercik@cs.com

                    About Gauri-Shankar L.P.

Gauri-Shankar, L.P. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Pa. Case No. 16-24066) on October 31,
2016.  The petition was signed by Francisco de Juan, president.  

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


GAWKER MEDIA: Baseball Analyst, Got News Balk at Plan
-----------------------------------------------------
Mitchell Williams, a baseball analyst who has accused Gawker Media
of defaming him, tells the Bankruptcy Court that the maze-like
complexity of Debtors' Plan, when unraveled, lays bare multiple
legal infirmities rendering the plan incapable of confirmation.

According to Mr. Williams, "Debtors likely will argue the complex
Plan -- a single document that encompasses three inter-related
debtor-companies, one being the parent with 100% ownership of the
other two -- is born of necessity.  The fact is, however, few plans
require the effort and diligence needed to decipher and understand
the unfairness and illegality of Debtors' Plan. Here, Debtors' Plan
denies it effects a substantive consolidation of the three Debtor
estates, yet clearly has elements of substantive consolidation in
the payment of Intercompany insider debt, and in distributing cash
for the Parent Debtors' equity interests, to the prejudice of
Williams and all other general unsecured creditors of Gawker Media.
It allows the parent, GMGI, to share in Gawker Media's
distributions by a deftly disguised, back-door distribution from
Gawker Hungary of Gawker Media's cash."

He also says the Plan Plan is a contingent, speculative house of
cards, rendering it demonstrably unfeasible. For example, on the
Effective Date Gawker Media is required to establish and fund the
Gawker Media Claims Reserve, the primary source of funds for
dividends paid to Class 2C Claimants.  Yet, the Gawker Media Claims
Reserve is funded primarily from insurance proceeds from
third-party litigation that has not been commenced and is under the
Debtors' sole control.  The litigation purportedly may be brought
against insurers for coverage of the litigations commenced by
Terrill, Ayyadurai, Williams, and "any other litigation plaintiff
creditor of the Debtors", such as all Article Lawsuits.
Apparently, Terry Gene Bollea's potential insurance recovery is
inexplicably excluded from the Gawker Media Claim Reserve.
Fundamentally, this source of Plan payments is purely contingent
and speculative, it indiscriminately excludes potential insurance
proceeds from the Bollea litigation, and, at least as to Williams,
the Debtors have until days ago denied any such insurance proceeds
exist.

This concern also applies to the contingent and speculative nature
of the Gawker Media Contingent Proceeds Creditor Account, Mr.
Williams says.  These proceeds are to be derived from third-party
litigation, excluding insurance proceeds, (i) to be litigated by a
Plan Administrator that does not presently exist; (ii) for
litigation that is not even pending; and (iii) for litigation, the
success of which is impossible to determine. That cannot constitute
a reliable source for Plan distributions.

Charles C. Johnson and Got News LLC said the Plan's proposal to
settle Dr. Shiva Ayyadurai's and Ashley Terrill's claims are
"unreasonable, unfair, and inequitable".  They also find the
proposed Third Party Releases and Injunctions improper.

The Debtors' Amended Plan provides that the claimants in the
Ayyadurai Claims and Terrill Claims (as defined in the Amended
Plan, Art. 1) will received $750,000 and $500,000, respectively.

Dr. Shiva Ayyadurai asserted a claim, in Proof of Claim No. 268,
for $35,000,000.  Ashley Terrill asserted a claim, in Proof of
Claim No. 269, for $10,000,000.

Both claims were objected to by the Debtors.

Dr. Ayyadurai lost his position at the Massachusetts Institute of
Technology as a result of an article by Gawker.  Ms. Terrill
asserts Gawker falsely portrayed her as paranoid and fanciful.

Mr. Johnson and Got News contend that the Debtors have provided no
good reason why the Ayyadurai and Terrill claims should be settled
for 25% of what would otherwise belong to the claims reserve.  
They also contend that there are no unique circumstances to warrant
the third-party release and injunction, especially where the Estate
obtains no actual benefit and the claims are not fully funded.

Mr. Williams is represented by:

     Robert E. Nies, Esq.
     CHIESA SHAHINIAN & GIANTOMASI PC
     One Boland Drive
     West Orange, NJ 07052
     Tel: (973) 530-2012
     Fax: (973) 530-2212
     E-Mail: rnies@csglaw.com

Mr. Johnson and Got News are represented by:

     Jay M. Wolman, Esq.
     RANDAZZA LEGAL GROUP, PLLC
     100 Pearl Street, 14th Floor
     Hartford, CT 06103
     Tel: 702-420-2001
     Fax: 305-437-7662
     E-mail: ecf@randazza.com

                      About Gawker Media

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

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

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

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

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

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

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

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

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

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


GAWKER MEDIA: Writers Urge Court to Approve Plan, Releases
----------------------------------------------------------
Certain former and current writers, employees and/or independent
contractors of Gawker Media LLC and its affiliated debtors
expressed their support for confirmation of the Debtors' Amended
Chapter 11 Plan.  They urge Judge Stuart Bernstein to confirm the
Debtors' Amended Plan and approve the third party release and
injunction set forth in the Amended Plan.

The Writers explain that following the sale and liquidation of the
Debtors' assets, they face significant ongoing exposure to
potential liability arising from services performed or content
provided at the request and direction of the Debtors, without the
protection of indemnification funded by an ongoing operation or
adequate reserve.

The Writers contend that they "substantially contributed" to the
Debtors' estates.

The Writers state, "Unlike an insider seeking to escape claims for
alleged fraudulent conduct or for an alleged breach of his or her
fiduciary duty, ordinarily protected by insurance, the third party
release and injunction in the Amended Plan in favor of the Writers
seek to protect individuals from liability or claims arising from
doing the exact task requested of them by the Debtors.  At the
request of the Debtors, the Writers provided written content for
the Debtors to post online and which generated the Debtors' value.
Because the Debtors' business involved so-called "shock
journalism," the Debtors expected to generate a certain amount of
litigation against the Debtors and the Writers.  Based on the
Debtors' business, the Debtors routinely defended claims and suits
arising from content provided by the Writers, and indemnified and
held the Writers harmless. Not fraud, not breach of fiduciary duty,
but the very services and content required of the Writers by the
Debtors generated not only the Debtors' value, but the existing and
potential claims against the Writers."

"Further protecting and encouraging the Writers to provide this
written content without fear of personal financial harm or ruin
from litigation designed to deter this type of speech is protected
by our Constitutional right to free speech.

"In exchange for the third party release and injunction, each
Writer is providing consideration by giving up the very
indemnification offered by the operating Debtors (whether through
contractual agreement or the Debtors' practices and policies) to
induce the Writers to provide the value-generating online Debtor
content.

"The waiver of each Writers' indemnification claim eliminates the
need to pay these claims, maintain a claim reserve or otherwise
dilute the distributions to the other creditors actually receiving
cash under the Amended Plan, including creditors asserting claims
against the Debtors and Writers arising from the publication of the
content for which the Writers seek indemnification."

Several Writers are subject to pending lawsuits amounting to
liability in excess of $100,000,000.

The Writers also note that the Debtors propose to set aside
$3,750,000 for the benefit of Gawker Media LLC's general unsecured
creditors.  The amount of the Gawker Media Claims Reserve, as set
forth in the Amended Plan, is inadequate, as it fails to take into
account any potential liability the Writers may face for content
provided or services performed while employed by the Debtors.

According to them, while they vigorously dispute the merits of
claims against them, if the pending lawsuits, and potentially
future claims, against the Writers alone for content provided or
services performed on behalf of the Debtors proceed, the Writers
would be entitled to indemnification from the Debtors.

If the Amended Plan is not approved, or if the Release and/or
Injunction specifically are not approved, the Writers said the
Gawker Media Claims Reserve must be increased to take into account:
(1) these potential liabilities; (2) the cost to defend against
these disputed claims; and (3) the damages that may arise in the
event a court renders a decision against the Writers in these
disputed matters

The Writers are represented by:

     Sharon L. Levine, Esq.
     Dipesh Patel, Esq.
     SAUL EWING LLP
     1037 Raymond Boulevard, Suite 1520
     Newark, NJ 07102
     Telephone: (973) 286-6713
     Facsimile: (973) 286-6821
     E-mail: slevine@saul.com
             dpatel@saul.com

          - and -

     555 Fifth Avenue, Suite 1700
     New York, NY 10017
     Telephone: (212) 980-7200

                       About Gawker Media

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

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

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

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

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

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

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

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

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

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


GENE CHARLES: Seeks to Hire Mazurkraemer as Legal Counsel
---------------------------------------------------------
The Gene Charles Valentine Trust seeks approval from the U.S.
Bankruptcy Court for the Northern District of West Virginia to hire
legal counsel in connection with its Chapter 11 case.

The Debtor proposes to hire Mazurkraemer Business Law to assist in
the preparation of a bankruptcy plan, represent the Debtor in
adversary proceedings or examinations, and provide other legal
services.

Mazurkraemer has received a retainer from the Debtor in the amount
of $5,000 for its services.

Salene Mazur Kraemer, Esq., disclosed in a court filing that the
firm is a "disinterested person" as defined in section 101(14) of
the Bankruptcy Code.

The firm can be reached through:

     Salene Mazur Kraemer, Esq.
     Mazurkraemer Business Law
     603 Washington Road, Suite 500
     Pittsburgh, PA 15228
     Tel: (412) 427-7075
     Fax: (888) 718-6752
     Email: salene@mazurkraemer.com

               About Gene Charles Valentine Trust

Gene Charles Valentine formed Gene Charles Valentine Trust as a
California business trust on November 26, 1986.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N. D. W.Va. Case No. 16-01196) on November 28, 2016.
The petition was signed by Gene Charles Valentine, trustee.  The
case is assigned to Judge Patrick M. Flatley.

At the time of the filing, the Debtor estimated its assets at $50
million to $100 million and debts at $10 million to $50 million.


GEO V. HAMILTON: Plan Filing Period Extended to March 31
--------------------------------------------------------
Judge Gregory Taddonio of the U.S. Bankruptcy Court for the Western
District of Pennsylvania extended Geo V. Hamilton, Inc.'s exclusive
periods to file a chapter 11 plan and solicit acceptances to the
plan to March 31, 2017 and May 31, 2017, respectively.

The Debtor previously sought the extension of its exclusive
periods, telling the Court that it had a meeting with the
Committee, and the Future Claimants' Representative on Oct. 19,
2016, to discuss the Debtor's financial projections, among other
things.  The Debtor further told the Court that following the
meeting, the Committee sent additional information and document
requests to the Debtor, which the Debtor answered on Nov. 7, 2016.


The Debtor related that it intends to formulate, negotiate, and
file what the Debtor believes should be a consensual plan of
reorganization that resolves the Asbestos Claims and Demands
against the Debtor pursuant to section 524(g) of the Bankruptcy
Code.  The Debtor further related that the current Exclusivity
Periods do not allow the Debtor sufficient time to accomplish these
objectives.

The Debtor contended that Gleason & Associates, the joint financial
advisor to the Committee and the Future Claimants' Representative,
and BDO Consulting,  the Debtor's valuation expert, were evaluating
the documents recently produced and performing valuations that will
be used during negotiations to formulate a plan of reorganization.

The Debtor further contended that the retention of Schneider Downs
& Co., Inc. and Jeff Cornish, as consultants, was necessary:

     (1) to assist the Debtor in developing processes and
information reporting systems that allow the Debtor to provide
accurate financial reporting and projections to the Committee and
the Future Claimants' Representative; and

     (2) to assist the Debtor in developing financial projections
for 2017.  

The Debtor said that the financial reporting and projections were
necessary to complete Gleason's and BDO's valuations and to explore
possibilities for exit financing.

The Debtor added that Huntington National Bank had agreed to extend
the credit agreement milestones relating to filing and confirming a
plan of reorganization.  The Debtor said that Huntington agreed to
extend the period for filing a plan of reorganization to March 31,
2017, and the period to obtain confirmation of such plan to June
30, 2017.   

                     About Geo V. Hamilton, Inc.

Formed in 1947, Geo. V. Hamilton, Inc. is based in McKees Rocks,
Pennsylvania, its home of nearly seventy years. Hamilton is a
distributor of insulation products and an insulation contractor
serving a wide variety of industrial, energy and commercial
facilities in the Pittsburgh area and elsewhere.

Hamilton filed a Chapter 11 bankruptcy petition (Bankr. W.D. Pa.
Case No. 15-23704) on Oct. 8, 2015, for the purpose of resolving
all existing and future personal injury and wrongful death claims
arising from alleged exposure to asbestos-containing product
distributed or installed by Hamilton more than 40 years ago.

Judge Gregory L. Taddonio is assigned to the case.

The petition was signed by Joseph Linehan, the Company's general
counsel.

The Debtor has engaged Reed Smith LLP as counsel and Logan &
Company, Inc., as claims and noticing agent. Schneider Downs & Co.,
Inc., as accounting consultant.

On Oct. 23, 2015, the United States Trustee appointed the Official
Committee of Asbestos Personal Injury Claimants to represent the
shared interests of holders of current asbestos-related claims for
personal injury or wrongful death against the Debtor. The Committee
is represented by Douglas A. Campbell, Esq., at Campbell & Levine,
LLC, and Ann C. McMillan, Esq., Jeffrey A. Liesemer, Esq., and
Kevin M. Davis, Esq., at Caplin & Drysdale, Chartered.

On Dec. 8, 2015, the U.S. Trustee filed its statement that an
unsecured creditors committee has not been appointed to represent
the interests of unsecured creditors of the Debtor.

On Dec. 23, 2015, the Court entered its order appointing Gary
Philip Nelson as the Legal Representative of Holders of Future
Asbestos Demands.  The FCR is represented by Beverly A. Block,
Esq., at Sherrard German & Kelly, PC.


GO DADDY: S&P Affirms 'BB-' CCR & Revises Outlook to Negative
-------------------------------------------------------------
S&P Global Ratings said that it affirmed its 'BB-' corporate credit
rating on Scottsdale, Ariz.-based Go Daddy Operating Co. LLC.  At
the same time, S&P revised its outlook on Go Daddy to negative from
stable.

S&P also lowered its issue-level rating on the company's existing
first-lien term loan to 'BB-' from 'BB' and revised the recovery
rating to '3' from '2' due to a $1.377 billion add-on.  The '3'
recovery rating indicates S&P's expectation for meaningful (lower
end of the 50%-70% range) recovery in the event of a payment
default.

S&P revised its outlook on Go Daddy to negative because S&P sees
potential risk to the firm's ability to reduce leverage to the
mid-4x area by the end of 2017 from the low-5x area at transaction
close.  Go Daddy's leading position in the Internet services
industry, consistent track record of mid-teen percent annual
revenue growth, low customer concentration, and high recurring
revenue base are credit strengths and support S&P's affirmation of
the 'BB-' corporate credit rating.

Go Daddy provides an assortment of Internet services, including Web
site building and hosting that enable users to benefit from a
dynamic Web presence.  The company also offers business
applications that provide consumers with a host of services, from
domain-specific email to email marketing.  Go Daddy's 85% retention
rate enables the company to effectively upsell and cross-sell
products as clients' businesses grow to require multifaceted
Web-based platforms.

The firm was founded in 1997 and has historically focused on small
businesses and individuals.  HEG, the largest privately owned Web
services provider in Europe, provides similar Internet
service-based solutions and will help accelerate Go Daddy's
international expansion by bolstering the company's presence in
Europe.

S&P expects Go Daddy's leverage to increase to the low-5x area post
acquisition of HEG from the mid-2x area as of Sept. 30, 2016. The
company is exploring alternatives for HEG's PlusServer managed
hosting business, including a possible sale.  S&P believes that the
possibility of this divestiture, in conjunction with Go Daddy's
strong cash flow generation and EBITDA growth, should provide
adequate support for deleveraging over the 12 months following the
closing of the transaction.  S&P expects the company to realize
modest synergies, maintain high retention rates, and continue to
upsell and cross-sell products and services, leading to consistent
ARPU and EBITDA growth.

S&P's base-case scenario assumes these:

   -- Real U.S. GDP growth of 1.5% in 2016 and 2.4% in 2017;

   -- Pro forma organic revenue growth in the low-double-digit
      range in 2017 as the company continues its strong customer
      growth trajectory and effectively cross-sells and upsells
      products into its existing customer base;

   -- Adjusted EBITDA margins approaching 20% by the end of 2017
      on operating leverage and modest synergies;

   -- Stable capital expenditures over the next 12 to 24 months,
      scaling up with revenue growth; and

   -- Small tuck-in acquisitions consistent with management's
      strategy to continue to expand internationally and augment
      business operations.

Based on these assumptions, S&P arrives at these credit measures:

   -- Adjusted debt to EBITDA declining to the low 4x area by
      fiscal year-end  2017

   -- Free operating cash flow to debt in the 12%-15% range

The negative outlook reflects S&P's expectation that pro forma
leverage could exceed 5x at transaction close, with the potential
risk that integration or other operational missteps could prevent
the company from reducing leverage below 5x within 12 months of the
close

S&P could lower the rating on Go Daddy if integration challenges,
lower profitability stemming from competitive pressures, a failure
to reduce total debt as expected, or additional debt-funded
acquisitions results in adjusted leverage sustained above 5x within
12 months of the acquisition.

S&P could revise the outlook back to stable if the company is able
to successfully integrate HEG and continue to grow EBITDA, such
that adjusted leverage is sustained below 5x.



GUIDED THERAPEUTICS: Incurs $390,000 Net Loss in Third Quarter
--------------------------------------------------------------
Guided Therapeutics, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
attributable to common stockholders of $390,000 on $95,000 of sales
for the three months ended Sept. 30, 2016, compared with a net loss
attributable to common stockholders of $2.73 million on $102,000 of
sales for the three months ended Sept. 30, 2015.

For the nine months ended Sept. 30, 2016, the Company reported a
net loss attributable to common stockholders of $2.90 million on
$486,000 of sales compared to a net loss attributable to common
stockholders of $7.01 million on $356,000 of sales for the nine
months ended Sept. 30, 2015.

As of Sept. 30, 2016, Guided Therapeutics had $2.06 million in
total assets, $9.37 million in total liabilities and a total
stockholders' deficit of $7.31 million.

At Sept. 30, 2016, the Company had a working capital deficit of
approximately $6.7 million and the stockholders' deficit was
approximately $7.3 million, primarily due to recurring net losses
from operations and dividends on preferred stock, offset by
proceeds from sales of stock.

The Company's plans with respect to its liquidity management
include the following:

   * The Company has curtailed operations and reduced
     discretionary spending and staffing levels.

   * The Company is only pursuing activities where it has
     financial support.  However, the Company said there can be no
     assurance that such external financial support will be
     sufficient to maintain even limited operations.

   * The Company is seeking additional capital in the private
     and/or public equity markets to continue operations and build

     sales, marketing, and distribution.  The Company is currently
     evaluating additional equity and debt financing opportunities

     and may execute them when appropriate.  However, there can be
     no assurances that the Company can consummate such a
     transaction, or consummate a transaction at favorable
     pricing.

   * The Company is seeking additional sources of cash flow with
     strategic businesses.

"Since our inception, we have raised capital through the private
sale of preferred stock and debt securities, public and private
sales of common stock, funding from collaborative arrangements, and
grants.  At September 30, 2016, we had cash of approximately $4,000
and working capital deficit of approximately $6.7 million.

"Our major cash flows in the quarter ended September 30, 2016,
consisted of cash out-flows of approximately $66,000 from
operations, no cash inflow nor outflow from investing activities
and a net change from financing activities of $48,000, which
primarily represents the proceeds received from short-term debt
financings.

"We will be required to raise additional funds through public or
private financing, additional collaborative relationships or other
arrangements, as soon as possible.  We cannot be certain that our
existing and available capital resources will be sufficient to
satisfy our funding requirements through the fourth quarter of
2016.  We are evaluating various options to further reduce our cash
requirements to operate at a reduced rate, as well as options to
raise additional funds, including loans.

"Substantial capital will be required to develop our products,
including completing product testing and clinical trials, obtaining
all required U.S. and foreign regulatory approvals and clearances,
and commencing and scaling up manufacturing and marketing our
products.  Any failure to obtain capital would have a material
adverse effect on our business, financial condition and results of
operations," the Company said in the report.

A full-text copy of the Form 10-Q is available for free at:

                    https://is.gd/kRSbSp

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

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


HAMPSHIRE GROUP: U.S. Trustee Forms 5-Member Committee
------------------------------------------------------
Andrew Vara, acting U.S. trustee for Region 3, on Dec. 7 appointed
five creditors of Hampshire Group, Limited to serve on the official
committee of unsecured creditors.

The committee members are:

     (1) Onewoo Corporation
         Attn: Joon Bum Bae,
         RM #B-604, D-Polis Bldg.
         606 Seobusaet-Gil, Geumcheon-Gu
         Seoul, Korea
         Phone: 82-10-3265-9224
         Fax: 82-2-861-8558

     (2) Triburg USA, Inc.
         Attn: Vikas Chawla
         231 W. 29th Street, Suite 1207
         New York, NY 10001
         Phone212-967-2343

     (3) Aurora Investments Global Limited
         Attn: Teddy Chinh
         Hochiminh Represenative Office
         5th Floor, Dai Phuc Tower, 617-621
         Dien Bien Phu Street Ward 25th, Binh District
         Hochiminh City
         Phone: 84-8-3898-3888

     (4) I-Mar LLC
         Attn: Christopher Kim
         5150 Rancho Road
         Huntington Beach, CA 92647
         Phone: 714-901-4627
         Fax: 714-901-4637

     (5) BRE 114 West 41st Street LLC
         Attn: Paul Filtzer
         100 Summer Street, Suite 900
         Boston, MA 02110
         Phone: 617-425-6064

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 Hampshire Group, Limited

New York-based Hampshire Group, Limited (OTC Markets: HAMP) is a
provider of fashion apparel across a broad range of product
categories, channels of distribution and price points.  As a
holding company, the Company operates through its wholly-owned
subsidiaries, Hampshire Brands, Inc. and Hampshire International,
LLC.  

Hampshire Group, Limited and two affiliates -- Hampshire Brands and
Hampshire International -- sought Chapter 11 bankruptcy protection
(Bankr. D. Del. Lead Case No. 16-12634) on Nov. 23, 2016, to
facilitate the orderly wind-down of their business operations.

Hampshire Group listed $25.9 million in assets and $41.8 million in
liabilities.  Brands listed under $50 million in both assets and
debts.  International listed under $50,000 in assets and under $50
million in liabilities.  The petitions were signed by Paul Buxbaum,
president and chief executive officer.

Michael David Debaecke, Esq., at Blank Rome LLP, serves as counsel
to the Debtors.


HILLSIDE OFFICE: Wants Feb. 10 Plan Filing Period Extension
-----------------------------------------------------------
Hillside Office Park, LLC asks the U.S. Bankruptcy Court for the
District of New Jersey to extend its exclusive period for filing a
chapter 11 plan to February 10, 2017.

The Debtor's exclusive plan filing period is set to expire on
December 13, 2016.

The Debtor relates negotiations with Rowhurst Limited, a potential
purchaser of the property located at 1350 Liberty Avenue and 360
Florence Avenue in the Township of Hillside, New Jersey, have been
finalized.  The Debtor further relates that the Subject Real
Property is the Debtor’s only asset of significant value.

The Debtor tells the Court that  Rowhurst Limited has extended its
due diligence period to December 14, 2016, a date which falls one
day after the expiration of the Debtor’s current Exclusive Filing
Period.

The Debtor contends that the extension of the Exclusive Filing
Period is warranted because the Debtor is in the process of
preparing a Chapter 11 Plan of Liquidation and the potential
purchaser's due diligence period has been extended to December 14,
2016, which is one day beyond the expiration of the current
Exclusive Filing Period.

                 About Hillside Office Park, LLC

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

Judge Stacey L. Meisel presides over the case.

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


HOOPER HOLMES: Releases Copy of December Investor Presentation
--------------------------------------------------------------
Hooper Holmes, Inc. filed with the Securities and Exchange
Commission a copy of a slide presentation included as an exhibit to
its Form 8-K Current Report will be used at investor meetings
beginning on Dec. 6, 2016.  A copy of the presentation is available
for free at https://is.gd/a6wSAM

                      About Hooper Holmes

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

The Company reported a net loss of $10.87 million in 2015, a net
loss of $8.47 million in 2014 and a net loss of $11.27 million in
2013.

As of Sept. 30, 2016, Hooper Holmes had $17.46 million in total
assets, $18.04 million in total liabilities and a total
stockholders' deficit of $578,000.

KPMG LLP, in Kansas City, Missouri, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company has suffered recurring
losses from operations, negative cash flows from operations and
other related liquidity concerns, which raises substantial doubt
about the Company's ability to continue as a going concern.


HUTCHESON MEDICAL: Ch.11 Trustee Hires Doffermyre as Counsel
------------------------------------------------------------
Ronald Glass, the Chapter 11 Trustee for Hutcheson Medical Center,
Inc., and its debtor-affiliates, asks the U.S. Bankruptcy Court for
the Northern District of Georgia for permission to employ
Doffermyre, Shields, Canfield & Knowles, LLC, as his special
counsel.

The Chapter 11 Trustee requires the Firm to represent in connection
with claims that the Trustee may have against Miller & Martin, LLP
in connection with certain transactions consummated in April 2011,
involving, among other entities, Chattanooga-Hamilton County
Hospital Authority d/b/a Erlanger Health Systems, the Hospital
Authority of Walker, Dade and Catoosa Counties, and Walker, Dade
and Catoosa Counties. If the Claims cannot be resolved, Trustee and
the Firm will confer as to the advisability of filing and
prosecuting legal action.

The Firm shall receive for their services a contingent fee of 40%
of the gross sims recovered if the claims are resolved.

The Trustee will be responsible for all out-of-pocket expenses
provided however, that any expense greater than $500 must be
approved by the Trustee.

Everette L. Doffermyre, member of the law firm of Doffermyre,
Shields, Canfield & Knowles, LLC, assured the Court that his firm
is a "disinterested person" as the term is defined in Section
101(31) of the Bankruptcy Code and does not represent any interest
adverse to the Debtors and their estates.

The Firm can be reached at:

     Everette L. Doffermyre, Esq.
     Doffermyre, Shields, Canfield & Knowles, LLC
     1355 Peachtree St, Suite 1900
     Atlanta, GA 30309
     Phone: 404-881-8900
     Fax: 404-881-3007
     
                   About Hutcheson Medical Center

Hutcheson Medical Center, Inc., operates the 179-bed hospital and
related ancillary facilities, including, without limitation, a
skilled nursing home and an ambulatory surgery center, located in
Ft. Oglethorpe, Georgia, known as Hutcheson Medical Center.  HMC
leases the land and buildings that comprise the Medical Center from
The Hospital Authority of Walker, Dade and Catoosa Counties.

HMC and Hutcheson Medical Division, Inc., sought Chapter 11
bankruptcy protection (Bankr. N.D. Ga. Case No. 14-42863 and
14-42864) in Rome, Georgia, on Nov. 20, 2014.  The cases are
jointly administered under Case No. 14-42863.

The cases have been assigned to the Honorable Paul W. Bonapfel. The
Debtors are represented by Ashley Reynolds Ray, Esq., and J. Robert
Williamson, Esq., at Scroggins and Williamson, in Atlanta,
Georgia.

HMC disclosed $32.8 million in assets and $52.9 million in
liabilities as of the Chapter 11 filing.


IAD PROPERTIES: Hires Bobbie U. Vardan as Bankruptcy Counsel
------------------------------------------------------------
IAD Properties, LLC seeks authorization from the U.S. Bankruptcy
Court for the Eastern District of Virginia to employ Bobbie U.
Vardan, Esq. as attorney.

The Debtor requires Vardan to:

     a. give advice to the Debtor with respect to its powers and
duties as a debtor in possession in the continued operation of its
business and management of its property;

     b. advise the Debtor with respect to its responsibilities in
complying with the U.S. Trustee's Operating Guidelines and
Reporting Requirements and with the rules of the court;

     c. prepare on behalf of the Debtor as debtor-in-possession,
the necessary application, answers, orders, reports and other,
legal documents necessary in the administration of the case;

     d. assist in formulating a plan for the payment of creditors
and to negotiate with banks and other financial institutions; and

     e. perform all other legal services of the Debtor as
debtor-in- possession which may be necessary in the furtherance of
these proceedings.

Vardan will not charge the Debtor any amount for services relating
to this case other than out of pocket expenses incurred.

Bobbie U. Vardan, Esq., assured the Court that he is a
"disinterested person" as required by 11 U.S.C. Sec. 327(a) and do
not have any other connections with the Debtor, creditors, any
other party in interest, their respective attorneys and
accountants, the U.S. Trustee, or any person employed in the Office
of the U.S. Trustee as required by Bankruptcy Rule 2014.

Vardan may be reach at:

     Bobbie U. Vardan, Esq.
     Vardan Law
     82872 PO Box 25
     Great Falls, VA 22066
     Phone: (703)475-6244
     Fax: (703)649-6344

                  About IAD Properties

IAD Properties filed a Chapter 11 bankruptcy petition (Bankr. E.D.
Va. Case No. 16-11433) on April 21, 2015.  The Hon. Robert G. Mayer
presides over the case.  Vardan Law represents the Debtor as
counsel.  The Debtor disclosed total assets of $768,000, and total
liabilities of $1.15 million.  The petition was signed by Ali Syed
Kazmi, trustee of the land trust and executor of Syed Aftab Kazmi's
estate.


III TOMATO: Pa. DoR To Be Paid From Sale Proceeds
-------------------------------------------------
III Tomato, Inc., filed with the U.S. Bankruptcy Court for the
Western District of Pennsylvania a disclosure statement to
accompany the Debtor's plan of reorganization dated Nov. 21, 2016.

Under the Plan, the claim of Pennsylvania Department of Revenue --
totaling $5,842.28 -- will be paid from the proceeds of the sale of
its assets.

The Debtor will continue to pursue a resolution with its primary
creditors, Tracy and Cherly Kimmel.  In the meantime, the Debtor
will object to the Kimmels' claim totaling $52,347.35.  The Debtor
will also object to the claim of the PA Department of Revenue.
Following a resolution of the claim objections, the Debtor will
market and sell its assets, which include a Lawrence County liquor
license.  The proceeds of said sale will be distributed in
accordance with the priority scheme set forth in the U.S.
Bankruptcy Code.

It is not contemplated that any plan funding will be derived from
Debtor's income.  All funding will be derived from a sale of the
Debtor's assets.  The Debtor's income is not relevant to plan
feasibility.

Dividend for general unsecured non-tax claims totaling $207,247.35
are yet to be declared.  Dividend for general unsecured tax claims
of Pennsylvania Department of Revenue totaling $1,092.05 are yet to
be declared.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/pawb15-22714-95.pdf

The Plan was filed by the Debtor's counsel:

     Robert O. Lampl, Esq.
     John P. Lacher, Esq.
     David L. Fuchs, Esq.
     Ryan J. Cooney, Esq.
     LAW OFFICES OF ROBERT O LAMPL
     960 Penn Avenue, Suite 1200         
     Pittsburgh, PA 15222         
     Tel: (412) 392-0330
     Fax: (412) 392-0335
     E-mail: rlampl@lampllaw.com

III Tomato, Inc., filed for Chapter 11 bankruptcy protection
(Bankr. W.D. Pa. Case No. 15-22714) on July 29, 2015, estimating
its assets at between $50,001 and $100,000 and its liabilities at
between $100,001 and $500,000.

Robert O. Lampl, Esq., serves as the Debtor's bankruptcy counsel.


INTRALINKS INC: Merger Deal Has No Impact on Moody's B2 CFR
-----------------------------------------------------------
Moody's Investors Service said that the merger agreement between
Intralinks, Inc. and Synchronoss Technologies, Inc. (not rated by
Moody's) has no immediate impact on Intralinks' ratings, including
its B2 Corporate Family Rating (CFR) and B2 rating on its $80
million senior secured term loan due 2019 or stable outlook.

Intralinks, Inc. is a leading provider of Software-as-a-Service
("Saas") online workspaces that enable businesses to securely
collaborate, communicate and exchange information inside and
outside the enterprise security firewalls. In the last twelve
months ending September 30, 2016, Intralinks generated
approximately $290 million in revenues.



INTRALINKS INC: S&P Puts 'B+' CCR on CreditWatch Negative
---------------------------------------------------------
S&P Global Ratings placed its 'B+' corporate credit rating on New
York City-based IntraLinks Inc. on CreditWatch with negative
implications.

S&P is affirming the 'BB' issue-level rating on the company's
existing senior secured first-lien credit facility.

"The CreditWatch placement follows the announcement that
Synchronoss will acquire IntraLinks for $900 million, with the
boards of both companies having unanimously approved the
transaction," said S&P Global Ratings credit analyst Geoffrey
Wilson.

S&P expects that IntraLinks' existing $80 million term loan due
2019 will be repaid when the transaction closes due to a
change-of-control provision in the credit agreement in the event
the company is acquired.  As a result S&P is not placing its
issue-level ratings on the company's debt on CreditWatch.

S&P will resolve the CreditWatch placement after the transaction
closes, which it expects will happen in the first quarter of 2017,
and subsequently withdraw all ratings on IntraLinks.



J & K JIMENEZ: Disclosures Okayed, Plan Hearing on April 6
----------------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Florida will
consider approval of the Chapter 11 plan of J & K Jimenez
Properties, LLC at a hearing on April 6, at 1:30 p.m.

The hearing will be held at Sam M. Gibbons United States
Courthouse, Courtroom 8B, 801 N. Florida Avenue, Tampa, Florida.

The court on November 17 conditionally approved J & K's disclosure
statement, allowing the company to start soliciting votes from
creditors.  

The order required creditors to cast their votes no later than
eight days before the April 6 hearing and file their objections no
later than seven days before the hearing.

                 About J & K Jimenez Properties

J & K Jimenez Properties, LLC sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. M.D. Fla., Case No. 16-01213) on
February 17, 2016. The Debtor is represented by David W Steen,
Esq., at David W. Steen, PA.


JAMES A. CRIPE: Must File Amended Plan & Disclosures by Jan. 6
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Pennsylvania
has given James A. Cripe until Jan. 6, 2016, to file a fifth
amended disclosure statement, fifth amended plan of reorganization,
and fifth amended plan summary.

The Court has granted in general Colfin MPS Funding, LLC's
objection and has denied approval of the Debtor's fourth amended
disclosure statement.

As reported by the Troubled Company Reporter on Nov. 23, 2016,
Colfin MF5 objected to the Debtor's fourth amended disclosure
statement filed on Oct. 7, 2016, describing the Debtor's fourth
amended plan of reorganization.  The Debtor is indebted to Colfin
pursuant to a prepetition loan facility in the amount of
$1,212,000.  Colfin MF5 complained that, among others, the
Disclosure Statement fails to provide adequate information.  The
Debtor's Disclosure Statement does not contain adequate information
to allow creditors, like Colfin MF5, to make an informed voting
decision on the Plan.

The TCR reported on Oct. 18, 2016, that the Debtor filed with the
Court an amended plan and accompanying disclosure statement
proposing to pay holders of Class 3 Unsecured Claims $393.96 per
month for 72 months, which payment payment will result to 10.4%
recovery.

                       About James A. Cripe

James A. Cripe (Bankr. W.D. Pa. Case No. 15-10070) filed a Chapter
11 petition on Jan. 21, 2015.  The case is assigned to Judge
Thomas P. Agresti.  The Debtor is represented by Gary Skiba, Esq.


JEFFREY L. MILLER: Wants Court Approval for Cash Collateral Use
---------------------------------------------------------------
Jeffrey L. Miller Investments, Inc., asks the U.S. Bankruptcy Court
for the Middle District of Florida for authorization to use the
cash collateral of Joseph DiGerlando and/or USAmeribank.

The Debtor owns and leases out real property located at 2400, 2250,
2304, 2410 East Busch Boulevard, Tampa, Florida.  The property is
insured.

The Debtor relates that Joseph DiGerlando and/or USAmeribank holds
a first position mortgage in the estimated amount of
$3,738,152.68.

The Debtor tells the Court that it wants to use cash, accounts
receivable and other income derived from the Debtor's operations to
fund its operating expenses and costs of administration in its
Chapter 11 case, for the duration of the case.

The Debtor's proposed Budget provides for total expenses in the
amount of $38,518 for each of the months of December 2016 through
May 2017.

The Debtor proposes, among other things, to grant its creditors
with postpetition liens on the collateral to the same extent,
validity and priority as existed prepetition.  The Debtor further
proposes to make monthly adequate protection payments to Joseph
DiGerlando and/or USAmeribank in the amount of $30,677.65.

A full-text copy of the Debtor's Motion, dated Dec. 5, 2016, is
available at
http://bankrupt.com/misc/JeffreyLMiller2016_816bk10036mgw_16.pdf

A full-text copy of the Debtor's proposed Budget, dated Dec. 5,
2016, is available at
http://bankrupt.com/misc/JeffreyLMiller2016_816bk10036mgw_16_1.pdf


Joseph DiGerlando can be reached at:

          JOSEPH DIGERLANDO
          PO Box 272313
          Tampa, FL 33688

USAMeriBank can be reached at:

          USAMERIBANK
          c/o Victoria A. Alderman, Registered Agent
          4790 140th Avenue N.
          Clearwater, FL 33762-3957

               About Jeffrey L. Miller Investments

Jeffrey L. Miller Investments, Inc., based in Tampa, FL, filed a
Chapter 11 petition (Bankr. M.D. Fla. Case No. 16-10036) on Nov.
23, 2016.  The petition was signed by Jeffrey L. Miller, president.
The Debtor is represented by Buddy D Ford, Esq., at Buddy D Ford,
P.A.  The Debtor disclosed $6.54 million in assets and $4.18
million in liabilities at the time of the filing.



JERSEY SHORE: Disclosures Okayed, Plan Hearing on Jan. 19
---------------------------------------------------------
The U.S. Bankruptcy Court for the District of New Jersey will
consider approval of the Chapter 11 plan of Jersey Shore Steel,
Inc. at a hearing on January 19, at 10:00 a.m.

The hearing will be held at Courtroom 8, 402 East State Street,
Trenton, New Jersey.

The court will also consider at the hearing the final approval of
the company's disclosure statement, which it conditionally approved
on November 17.

The order set a January 12 deadline for creditors to cast their
votes and file their objections.

                    About Jersey Shore Steel

Jersey Shore Steel, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. N.J. Case No. 16-11029) on January 21,
2016.  The petition was signed by Gary Loveland, president.  

The case is assigned to Judge Michael B. Kaplan.

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


KAISER GYPSUM: Committee Taps A&M as Financial Advisor
------------------------------------------------------
The official committee of unsecured creditors of Kaiser Gypsum
Company, Inc. seeks approval from the U.S. Bankruptcy Court for the
Western District of North Carolina to hire a financial advisor.

The committee proposes to hire Alvarez & Marsal North America, LLC
to provide these services:

     (a) assisting in the review and analysis of the Debtors'
         "first day" orders and the budgets relating to those
         orders;

     (b) assisting in the evaluation and analysis of the Debtors'
         proposed debtor-in-possession financing;

     (c) assisting in the review of the Debtors' liquidity,
         properties, assets and liabilities, financial condition
         and prospects;

     (d) assisting in the review of financial information
         distributed by the Debtors;

     (e) attending meetings with the Debtors, lenders, creditors,
         and any other official committees organized in the  
         Debtors' cases, as requested;

     (f) assisting in the review or preparation of information and

         analysis necessary for the confirmation of a bankruptcy
         plan.

The hourly rates charged by the firm are:

     Managing Directors     $775 - $975
     Senior Directors       $675 - $750
     Directors              $600 - $650
     Associates             $450 - $575
     Analysts               $375 - $425

Kelly Stapleton, A&M managing director, disclosed in a court filing
that the firm does not represent any entity having an
interest adverse to the committee.

The firm can be reached through:

     Kelly B. Stapleton
     Alvarez & Marsal North America, LLC
     600 Madison Avenue, 8th Floor
     New York, NY 10022
     Phone: +1 212-759-4433
     Fax: +1 212-759-5532

                       About Kaiser Gypsum

Kaiser Gypsum Company, Inc., and affiliate Hanson Permanente
Cement, Inc. sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D.N.C. Case Nos. 16-31602 and 16-10414) on Sept. 30,
2016. The petitions were signed by Charles E. McChesney, II,
vice-president and secretary.

The companies are represented by Rayburn Cooper & Durham P.A. and
Jones Day.  Cook Law Firm, P.C. and K&L Gates LLP serve as special
insurance counsel; NERA Economic Consulting as consultant; Miller
Nash Graham & Dunn LLP as special environmental and insurance
counsel; and PricewaterhouseCoopers LLP as financial advisors.

At the time of the filing, Kaiser and Hanson estimated their assets
and liabilities at $100 million to $500 million. Kaiser's principal
business consisted of manufacturing and marketing gypsum plaster,
gypsum lath and gypsum wallboard. The company has no current
business operations other than managing its legacy asbestos-related
and environmental liabilities. The company has no material tangible
assets.

HPCI's primary business was the manufacture and sale of Portland
cement products. It is a wholly-owned, indirect subsidiary of
non-debtor Lehigh Hanson, Inc.

HPCI is the direct parent of Kaiser Gypsum as well as non-debtor
Hanson Micronesia Cement, Inc. and non-debtor Hanson Permanente
Cement of Guam, Inc., the operating subsidiaries. Non-debtor
Permanente Cement Company, which has no assets or operations, is
also a wholly-owned subsidiary of HPCI.

The Office of the U.S. Trustee appointed three creditors to serve
on the official committee of unsecured creditors in the Chapter 11
case of Kaiser Gypsum Company, Inc. The Committee hires Blank Rome
LLP as counsel, and Moon Wright & Houston, PLLC.

An Official Committee of Asbestos Personal Injury Claimants
retained Caplin & Drysdale, Chartered, as its counsel.

Lawrence Fitzpatrick, the Future Claimants' Representative, tapped
Ankura Consulting Group, LLC as his claims evaluation consultant;
Young Conaway Stargatt & Taylor, LLP as attorney; and Hull &
Chandler, P.A. as local counsel.


KAISER GYPSUM: Committee Taps Sussman Shank as Special Counsel
--------------------------------------------------------------
The official committee of unsecured creditors of Kaiser Gypsum
Company, Inc. seeks approval from the U.S. Bankruptcy Court for the
Western District of North Carolina to hire Sussman Shank LLP as
special counsel.

The firm will represent the committee in a lawsuit filed by Kaiser
Gypsum and its affiliates against a number of insurance companies.
The case is pending in the U.S. Bankruptcy Court for the District
of Oregon.

The hourly rates charged by the firm are:

     Partners              $510 - $340
     Counsel               $435 - $340
     Associates            $340 - $250
     Paraprofessionals     $230 - $170

Howard Levine, Esq., at Sussman Shank, disclosed in a court filing
that his firm is a "disinterested person" as defined in section
101(14) of the Bankruptcy Code.

The firm can be reached through:

     Howard Levine, Esq.
     Sussman Shank LLP
     1000 SW Broadway, Suite 1400
     Portland, OR 97205

                       About Kaiser Gypsum

Kaiser Gypsum Company, Inc., and affiliate Hanson Permanente
Cement, Inc. sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D.N.C. Case Nos. 16-31602 and 16-10414) on Sept. 30,
2016. The petitions were signed by Charles E. McChesney, II,
vice-president and secretary.

The companies are represented by Rayburn Cooper & Durham P.A. and
Jones Day.  Cook Law Firm, P.C. and K&L Gates LLP serve as special
insurance counsel; NERA Economic Consulting as consultant; Miller
Nash Graham & Dunn LLP as special environmental and insurance
counsel; and PricewaterhouseCoopers LLP as financial advisors.

At the time of the filing, Kaiser and Hanson estimated their assets
and liabilities at $100 million to $500 million. Kaiser's principal
business consisted of manufacturing and marketing gypsum plaster,
gypsum lath and gypsum wallboard. The company has no current
business operations other than managing its legacy asbestos-related
and environmental liabilities. The company has no material tangible
assets.

HPCI's primary business was the manufacture and sale of Portland
cement products. It is a wholly-owned, indirect subsidiary of
non-debtor Lehigh Hanson, Inc.

HPCI is the direct parent of Kaiser Gypsum as well as non-debtor
Hanson Micronesia Cement, Inc. and non-debtor Hanson Permanente
Cement of Guam, Inc., the operating subsidiaries. Non-debtor
Permanente Cement Company, which has no assets or operations, is
also a wholly-owned subsidiary of HPCI.

The Office of the U.S. Trustee appointed three creditors to serve
on the official committee of unsecured creditors in the Chapter 11
case of Kaiser Gypsum Company, Inc. The Committee hires Blank Rome
LLP as counsel, and Moon Wright & Houston, PLLC.

An Official Committee of Asbestos Personal Injury Claimants
retained Caplin & Drysdale, Chartered, as its counsel.

Lawrence Fitzpatrick, the Future Claimants' Representative, tapped
Ankura Consulting Group, LLC as his claims evaluation consultant;
Young Conaway Stargatt & Taylor, LLP as attorney; and Hull &
Chandler, P.A. as local counsel.


KENDALL LAKE TOWERS: Disclosure Statement Hearing on Jan. 18
------------------------------------------------------------
Judge Robert A. Mark of the U.S. Bankruptcy Court for the Southern
District of Florida will conduct a hearing on Jan. 18, 2017 at 2:00
P.M. to consider approval of Kendall Lake Towers Condominium
Association, Inc.'s disclosure statement and accompanying plan of
reorganization.

The first hearing on the Disclosure Statement was held on Nov. 1,
2016 at 3:00 P.M.

The Debtor will file an amended disclosure statement by Jan. 13,
2017, and parties will file objections by Jan. 17, 2017.

The Debtor will have the exclusive right to solicit acceptances to
Jan. 18, 2016 without prejudice to more time being extended at that
hearing.

                   About Kendall Lake Towers

Kendall Lake Towers Condominium Association, Inc. sought
protection
under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Fla., Case
No.
16-12114) on Feb. 16, 2016.  The Debtor is represented by Joel M.
Aresty, Esq., at Joel M. Aresty, PA.

At the time of the filing, the Debtor estimated its assets and
debts at $500,001 - $1 million.


LA4EVER LLC: Allowed to Use Southport Cash Until Dec. 31
--------------------------------------------------------
Judge Ann M. Nevins of the U.S. Bankruptcy Court for the District
of Connecticut authorized LA4Ever, LLC and LLCD, LLC to use
Southport Secured Lending Fund, LLC's cash collateral, from Dec. 1,
2016 to Dec. 31, 2016.

The Debtors were allowed to use cash collateral to pay for expenses
projected to be $5,910, and for the payment of $9,967 to Southport
Secured Lending Fund.

Southport Secured Lending Fund was granted secured interests in all
post-petition rents and leases, to the extent that its interest in
the cash collateral may be proven, and to the extent that the cash
collateral is used, subject to the fees due to the Office of the
U.S. Trustee.

A continued hearing on the Debtors' use of cash collateral is
scheduled on Dec. 21, 2016 at 11:00 a.m.

A full-text copy of the Order, dated Dec. 5, 2016, is available at

http://bankrupt.com/misc/LA4EverLLC2015_1530546_245.pdf

                     About LA4Ever, LLC

LA4Ever, LLC, and LLCD, LLC, are Connecticut limited liability
companies officially registered with the Secretary of State in
December 2002 and January 2003.  These companies were formed by and
are owned by Kenneth Hill and Daphne Benas.  Since their formation
the Debtors have been in the business of ownership and operation of
residential rental property at 325-327 St. John Street and 23 Brown
Street, in New Haven, Connecticut.  Mr. Hill and Ms. Benas also
oversaw extensive rehabilitation of the Property resulting in
significant improvement early on after the purchase.  Many routine
management and maintenance duties at the Property are handled by
LABenhill, LLC, a management company formed, owned and operated by
Mr. Hill and Ms. Benas.

LLCD, LLC owns the Brown Street Property at 23 Brown Street in the
Wooster Square neighborhood in New Haven, Connecticut.  The Brown
Street Property consists of five residential units representing a
current monthly rent roll of $6,250 inclusive of two units recently
vacated which vacancies are anticipated to be filled promptly.
LA4Ever, LLC, owns the St. John Street Property at 325-7 St. John
Street, also in the Wooster Square neighborhood in New Haven,
Connecticut.  The St. John Street Property consists of six
residential units representing a current monthly rent roll of
$9,875.  All six units of the St. John Street Property are
presently occupied.

The Debtors filed for Chapter 11 bankruptcy protection (Bankr. D.
Conn. Lead Case No. 15-30546) on April 8, 2015.  The petition was
signed by Daphne Benas, member.  The Debtors are represented by
Carl T. Gulliver, Esq., at Coan Lewendon Gulliver & Miltenberger,
LLC.  The case is assigned to Judge Julie A. Manning.

At the time of the filing, LA4Ever estimated its assets at $500,000
to $1 million and debts at $1 million to $10 million.  LLCD
estimated its assets and debt at $500,000 to $1 million.

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


LANDWELL MANAGEMENT: Hires Berger as Bankruptcy Counsel
-------------------------------------------------------
Landwell Management, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Central District of California to employ
the Law Offices of Michael Jay Berger as general bankruptcy
counsel.

The Debtor requires Berger to:

     a. communicate with creditors of the Debtor;

     b. review the Debtor's Chapter 11 bankruptcy petition and all
supporting schedules;

     c. advise the Debtor of its legal rights and obligations in a
bankruptcy proceeding;

     d. represent the Debtor at the initial interview of the Debtor
and first meeting of creditors;

     e. bring the Debtor into full compliance with reporting
requirements of the Office of the United States Trust (the
"OUST");

     f. prepare status reports as required by the Court; and

     g. respond to any motions filed in Debtor's bankruptcy
proceeding.

In addition, Berger will respond to creditors inquiries, review
proofs of claim filed in the Debtor's bankruptcy, object to
inappropriate claims, prepare Notices of Automatic Stay in all
state court proceedings in which the Debtor is sued during the
pending of the Debtor's bankruptcy proceeding and, if appropriate,
prepare a Disclosure Statement and Plan of Reorganization for the
Debtor.

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

     Michael Berger, Esq.                    $495
     Sofya Davtyan, Esq.                     $365
     Ori Blemenfeld, Esq.                    $345
     Jamie Lee, Esq.                         $265
     Paralegal and Law Clerks                $200

The Debtor has agreed to pay Berger a retainer of $15,000.

Michael Berger, Esq., sole owner of the Law Offices of Michael Jay
Berger, assured the Court that the firm does not represent any
interest adverse to the Debtor and its estates.

Berger may be reached at:

      Michael Berger, Esq.
      Law Offices of Michael Jay Berger
      9454 Wilshire Blvd. 6th Floor
      Beverly Hills, CA 90212
      Tel: 310-271-6223
      Fax: 310-271-0985
      E-mail: michael.berger@bankruptcypower.com

                      About Landwell Management

Landwell Management, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. C.D.Cal. Case No. 16-13162) on November 2, 2016.  The Hon.
Victoria S. Kaufman presides over the case.  The Law Offices of
Michael Jay Berger represents the Debtor as counsel.  The Debtor
disclosed total assets of $600,000 and total liabilities of $1.59
million. The petition was signed by Vartan Akopyan, president.


LEN-TRAN INC: Hearing on Disclosure Statement Set For Jan. 11
-------------------------------------------------------------
The Hon. Paul M. Black of the U.S. Bankruptcy Court for the Middle
District of Florida has scheduled for Jan. 11, 2017, at 11:30 a.m.
the hearing to consider the approval of Len-Tran, Inc.'s amended
disclosure statement, referring to the Debtor's plan of
reorganization.

The Debtor filed an Amended Disclosure Statement and Plan on Nov.
18, 2016, and Nov. 16, 2016, respectively.

Jan. 4, 2017, is the last date for filing and serving in accordance
with Rule 3017 (a) written objections to the Disclosure Statement.


                       About Len-Tran Inc.

Len-Tran, Inc., dba Turner Tree & Landscape, based in Bradenton,
Florida, filed a Chapter 11 petition (Bankr. M.D. Fla. Case No.
16-04145) on May 13, 2016.  Elena P Ketchum, Esq., at Stichter,
Riedel, Blain & Postler, P.A., serves as counsel to the Debtor.  In
its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.  The petition was signed by Darrell
Turner, president.

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


LEVITT HOMES: Unsecureds To Recoup 70% Under Plan
-------------------------------------------------
Levitt Homes Corporation filed with the U.S. Bankruptcy Court for
the District of Puerto Rico a disclosure statement referrin to the
Debtor's plan of reorganization.

Class 1 Allowed Undisputed General Unsecured Claims are impaired
under the Plan.  Holders of Allowed Undisputed (Undisputed) General
Unsecured Claims (Non-Insiders) for $782,139.32, will be paid in
full satisfaction of their claims 70% thereof, at the Effective
Date.  

Class 3 Allowed General Unsecured Claims of Insiders and Debtor's
Affiliates are impaired under the Plan.  Holders of Allowed General
Unsecured Claims of Debtor's Affiliates and Insiders for
$3,610,890.84, resulting from advances to the Debtor, loans to the
Debtor, and unpaid salaries, will be paid from the sale of the
Debtor's remaining assets, on a pro rata basis.   

The final recovery of these claimants as well as its timing will
depend on the future sale of the Debtor's remaining assets and the
available cash in the Debtor's account after payment to the
classes.   

The Debtor will effect payments of pending administrative expense
claims, priority tax claims, and Class 1 Claims on the Effective
Date from the cash balance currently available in the Debtor's
accounts.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/prb15-03368-261.pdf

Headquartered in San Juan, developer and builder Puerto Rico,
Levitt Homes Corporation filed for Chapter 11 bankruptcy protection
(Bankr. D. P.R. Case No. 15-03368) on May 4, 2015, listing $4.5
million in total assets and $4.6 million in total liabilities.  The
petition was signed by Jose Manuel Rodriquez, CPA, vice-president.

Judge Enrique S. Lamoutte Inclan presides over the case.

Charles Alfred Cuprill, Esq., at Charles A Cuprill, PSC Law Office
serves as the Debtor's bankruptcy counsel.


LIFSCHULTZ ESTATE: Files Ch. 11 Liquidating Plan
------------------------------------------------
Lifschultz Estate Management LLC filed with the U.S. Bankruptcy
Court for the Southern District of New York a disclosure statement
in connection with the Debtor's liquidating Chapter 11 plan dated
Nov. 21, 2016.

Holders of Allowed Class 3 Unsecured Claims will receive a pro rata
portion of the remaining distribution fund, if any, after the
payment of all administrative, priority, post-Effective Date legal
fees and Class 1 and Class 2 Allowed Secured Claims in full, within
10 business days of the sale closing date, up to 100% of their
allowed claims, with no interest thereon.  Class 3 Allowed
Unsecured Claims are impaired and are permitted to vote on the
Plan.  Other than the potential Class 3 deficiency Unsecured Claim
of Larry Lifschultz, the Debtor believes that there are no Allowed
Class 3 Claims.

The Debtor will continue to market the Debtor's a four acre parcel
of real property located at 220 Hommocks Road, Larchmont, New York
10538, post-confirmation and will continue to engage a real estate
broker to assist in the efforts, in order to refinance or sell and
liquidate the Property for the highest and best price on or before
the sale closing date.  Upon Closing, the proceeds of refinance or
sale will be distributed to holders of claims and interests.

In the event that a sale contract has not been executed on or
before Jan. 31, 2018, or the Closing pursuant to a Sale Contract
has not timely occurred on or before Feb. 28, 2018, the Debtor will
conduct a public auction of the Property on or before April 30,
2018.  If circumstances at the time warrant an extension of the
Sale Closing Date, the Debtor may request up to a 30-day extension
of either Sale Closing Date from LSF9, the consent of which will
not be unreasonably withheld.  

The sale of the Property, whether pursuant to a Sale Contract or
public auction will be free and clear of any and all claims, liens,
encumbrances, equities and interests of any nature or kind and will
constitute a sale under Sections 105, 363(b), 363(f), 1123(b)(4)
and 1129 of the U.S. Bankruptcy Code.  

The Disclosure Statement is available at:

           http://bankrupt.com/misc/nysb16-23144-31.pdf

                     About Lifschultz Estate

Lifschultz Estate Management LLC is a member managed limited
liability company organized under New York law.  The two members of
the Debtor are Bruce Abbott and his uncle, David Lifschultz.  The
Debtor is the deed holder of a four acre parcel of real property
located at 220 Hommocks Road, Larchmont, New York 10538.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S. D. N.Y. Case No. 16-23144) on Aug. 23, 2016.  The
petition was signed by Bruce S. Abbott, managing member.  

The case is assigned to Judge Robert D. Drain.

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

Jonathan S. Pasternak, Esq., at Delbello Donnellan Weingarten Wise
& Wiederkehr, LLP, serves as the Debtor's bankruptcy counsel.


LINN ENERGY: Amends Plan to Incorporate Berry Backstop Agreement
----------------------------------------------------------------
LINN Energy filed with the U.S. Bankruptcy Court an Amended Joint
Chapter 11 Plan of Reorganization and related Disclosure
Statement. Among other things, the Disclosure Statement adds the
following text, "Concurrently with the LINN Debtors' negotiations
with respect to the Plan, the Berry Debtors also explored
potential resolutions with their various stakeholders. On November

17, 2016, the Berry Debtors filed the Motion of Linn Acquisition
Company, LLC and Berry Petroleum Company, LLC for Entry of an
Order (i) Approving (a) Entry into Backstop Agreement, (b) Payment

of Related Fees and Expenses, and (c) Rights Offerings Procedures
and Related Forms, and (ii) Granting Related Relief [Docket No.
1192] seeking authority to enter into a backstop agreement (the
'Berry Backstop Agreement') with the Berry Ad Hoc Group in
connection with a $300 million rights offering (the 'Berry Rights
Offering'). Since that date, the Berry Debtors have been
negotiating the terms of a restructuring support agreement with
the Berry Lenders and the Berry Ad Hoc Group and intend to proceed

with a hearing on December 15, 2016 at a time to be determined
seeking approval of: (a) the Berry Debtors' Disclosure Statement;
and (b) the Berry Backstop Agreement."

                       About Linn Energy

Headquartered in Houston, Texas, Linn Energy, LLC, and its
affiliates are independent oil and natural gas companies. Each of
Linn Energy, LLC, and 14 of its subsidiaries filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex.

Lead Case No. 16-60040) on May 11, 2016. The petitions were signed

by Arden L. Walker, Jr., chief operating officer of LINN Energy.

The Debtors have hired Paul M. Basta, Esq., Stephen E. Hessler,
Esq., Brian S. Lennon, Esq., James H.M. Sprayregen, Esq., and
Joseph M. Graham, Esq., at Kirkland & Ellis LLP and Kirkland &
Ellis International LLP as general bankruptcy counsel, Jackson
Walker L.L.P. as co-counsel, Lazard Freres & Co. LLC as financial
advisor, AlixPartners as restructuring advisor and Prime Clerk LLC

as claims, notice and balloting agent.

Judge David R. Jones presides over the cases.

The Office of the U.S. Trustee has appointed five creditors of
Linn Energy LLC to serve on the official committee of unsecured
creditors.  The Committee tapped Mark I. Bane, Esq., and Keith H.
Wofford, Esq., at Ropes & Gray LLP; and Moelis & Company LLC as
investment banker.  It also retained as Texas Oil & Gas Counsel,
John P. Melko, Esq., David S. Elder, Esq., and Michael K. Riordan,

Esq., at Gardere Wynne Sewell LLP.


LIVING COLOUR: Exclusive Plan Filing Period Extended to Feb. 15
---------------------------------------------------------------
Judge Erik P. Kimball of the U.S. Bankruptcy Court for the Southern
District of Florida extended Living Colour Landscape, LLC and
Marula Props, LLC's exclusive periods to file a plan and disclosure
statement and solicit acceptances to the plan through February 15,
2017 and April 17, 2017, respectively.

Without the extension, the Debtors' exclusive plan filing period
would have expired on November 17, 2016.  The Debtors' exclusive
solicitation period was set to expire on January 17, 2017.

The Debtors previously sought the extension of their exclusive
periods, telling the Court that they were currently in negotiations
with their creditors, in efforts to resolve claim amounts and
terms, which would have a material impact on the plan.  The Debtors
further told the Court that they would likely file a joint plan
with debtors in possession Elouise Botha and Deon Botha, as those
entities are the principals of the Debtors and there are common
creditors to both.

                About Living Colour Landscape, LLC.

Lake Worth, Florida-based Living Colour Landscapes, LLC and Marula
Props, LLC, filed for Chapter 11 bankruptcy protection (Bankr. S.D.
Fla. Case Nos. 16-15773 and Case No. 16-15774) on April 21, 2016.
The petitions were signed by Deon Botha, manager.

Judge Paul G. Hyman, Jr., presides over the cases. Aaron A Wernick,
Esq., at Furr & Cohen serves as the Debtors' bankruptcy counsel.

Living Colour Landscapes disclosed $323,979 in total assets and
$1.31 million in total liabilities.  Marula Props disclosed
$179,252 in total assets and $1.25 million in total liabilities.


LNT SERVICES: Hires Trenk DiPasquale as Attorney
------------------------------------------------
LNT Services, LLC seeks authorization from the U.S. Bankruptcy
Court for the District of New Jersey to employ Trenk, DiPasquale,
Della Fera & Sodono, PC as attorney Debtor-in-Possession.

The Debtor requires Trenk DiPasquale to:

     a. assist in the preparation of schedules of assets and
liabilities and statement of financial affairs;

     b. advise Debtor with respect to its powers and duties as
debtor-in- possession in the management of its property;

     c. negotiate with creditors of the debtor-in-possession and
take the necessary legal steps to confirm and consummate a plan of
reorganization;

     d. prepare on behalf of Debtor all necessary applications,
answers, proposed orders, reports, and papers to be filed in this
matter;

     e. appear before the Bankruptcy Court to represent and protect
the interests of the debtor-in-possession and its estate; and

     f. perform all other legal services for the
debtor-in-possession that may be necessary and proper for its
effective reorganization as well as all professional services
customarily required by the applicant.

Trenk DiPasquale lawyers and professionals who will work on the
Debtor's case and their hourly rates are:

     Anthony Sodono, III (Partner)      $560
     Sari Placona (Associate)           $240
     Partners                           $375-$610
     Associates                         $225-$370
     Law Clerks                         $190
     Paralegals and Support Staff       $145-$210

Anthony Sodono, III, Esq., member of the law firm Trenk,
DiPasquale, Della Fera & Sodono, P.C., assured the Court that the
firm is a "disinterested person" as the term is defined in Section
101(14) of the Bankruptcy Code and does not represent any interest
adverse to the Debtor and its estates.

Trenk DiPasquale may be reached at:

     Anthony Sodono, III, Esq.  
     Trenk, DiPasquale, Della Fera & Sodono, P.C.
     347 Mt. Pleasant Avenue, Suite 300
     West Orange, NJ 07052
     Phone: (973)243-8600

             About LNT Services, LLC

LNT Services, LLC filed a Chapter 11 bankruptcy petition (Bankr.
D.N.J. Case No. 16-32056) on November 17, 2016.  The Hon. Kathryn
C. Ferguson presides over the case. Trenk, DiPasquale, Della Fera &
Sodono, P.C. represents the Debtor as counsel.

In its petition, the Debtor estimated $1 million to $10 million in
assets and $100,000 to $500,000 in liabilities. The petition was
signed by Cynthia Triandafilou, president.


LUCK DUCK: Seeks to Hire Troutman as Legal Counsel
--------------------------------------------------
Lucky Duck Campground, LLC seeks approval from the U.S. Bankruptcy
Court for the District of Oregon to hire legal counsel.

The Debtor proposes to hire Troutman Law Firm, PC to give legal
advice regarding its duties under the Bankruptcy Code and provide
other legal services related to its Chapter 11 case.

The hourly rates charged by the firm are:

     Ted Troutman     $460
     Phillip Muir     $460
     Paralegals       $200

Ted Troutman, Esq., disclosed in a court filing that his firm does
not hold any interest adverse to the Debtor's bankruptcy estate or
any of its creditors.

The firm can be reached through:

     Ted A. Troutman, Esq.
     Troutman Law Firm PC
     5075 SW Griffith Dr., Suite 220
     Beaverton, OR 97005
     Phone: (503) 292-6788
     Fax: (503) 596-2371

                  About Lucky Duck Campground

Lucky Duck Campground, LLC sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Ore. Case No. 16-63434) on November
29, 2016.  The case is assigned to Judge Thomas M. Renn.

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


MALKHAZI MIKADZE: Jan. 24 Plan Confirmation Hearing
---------------------------------------------------
Judge Stacey L. Meisel of the U.S. Bankruptcy Court for the
District of New Jersey conditionally approved Malkhazi Mikadze's
small business plan and small business disclosure statement, dated
Oct. 7, 2016.

Jan. 17, 2017 is fixed as the last day for filing and serving
written objections to the Disclosure Statement and confirmation of
the Plan.

Jan. 17, 2017 is fixed as the last day for filing written
acceptances or rejections of the Plan under D.N.J. LBR 3018-1.

A hearing will be held on Jan. 24, 2017 at 2:30 P.M. for final
approval of the Disclosure Statement and for confirmation of the
Plan.

                    About Malkhazi Mikadze

Malkhazi Mikadze sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D.N.J. Case No. 16-16425) on April 3,
2016.
The Debtor is represented by Harvey I. Marcus, Esq., at the Law
Office of Harvey I. Marcus.


MARETTE PACE: Unsecureds To Get 59 Monthly Payments of $250
-----------------------------------------------------------
Marette Joanne Pace filed with the U.S. Bankruptcy Court for the
District of Nevada a first amended disclosure statement and
accompanying first amended plan of reorganization, a full-text copy
of which is available at:

        http://bankrupt.com/misc/nvb16-10005-51.pdf  

Class 1, First Mortgage Claim in favor of Live Well Financial
Services against 4917 Fiesta Lakes Street, Las Vegas, Nevada, is
Impaired under the Plan.  The first mortgage holder's claim will be
completely satisfied through the sale of the Nevada property upon
which it holds a first mortgage.  The sale will be closed no later
than 90 days after the Effective Date of the Plan.

Class 6, General Unsecured Class, is Impaired under the Plan.  All
unsecured creditors having filed proofs of claims that are not
disputed, contingent, or un-liquidated, will be paid, pro rata,
$250 a month commencing on the Effective Date of the Plan, and
continuing for 59 months or complete satisfaction of all valid
claims, whichever is earlier, subject to any administrative expense
and any liquidation analysis rights.  If all claimants in the class
are not satisfied by 59 payments, then a 60th payment will be
tendered, no later than 60 months after the Effective Date of the
Plan, to satisfy any balance.

Payments and distributions under the Plan will be funded by the
Debtor, based upon his (a) sale of the Nevada property; and (b)
personal income, including rents from her property located at 3094
Reservoir Drive, Simi Valley, California, and her social security
and pension incomes.

Marette Joanne Pace sought Chapter 11 protection (Bankr. D. Nev.
Case No. 16-10005) on Jan. 4, 2016.


MARYVALE HOLDINGS: Case Summary & 2 Unsecured Creditors
-------------------------------------------------------
Debtor: Maryvale Holdings, LLC
        14819 N Cave Creek RD
        Phoenix, AZ 85032

Case No.: 16-13877

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: December 7, 2016

Court: United States Bankruptcy Court
       District of Arizona (Phoenix)

Judge: Hon. Paul Sala

Debtor's Counsel: Carlos M. Arboleda, Esq.
                  ARBOLEDA BRECHNER
                  4545 E. Shea Blvd., #120
                  Phoenix, AZ 85028
                  Tel: 602-482-0123
                  Fax: 602-482-4068
                  E-mail: arboledac@abfirm.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Cipriano Ionutescu, authorized agent.

A copy of the Debtor's list of two unsecured creditors is available
for free at http://bankrupt.com/misc/azb16-13877.pdf


MEMORIAL PRODUCTION: S&P Lowers CCR to 'D' on Coupon Non-Payment
----------------------------------------------------------------
S&P Global Ratings lowered its corporate credit ratings on Memorial
Production Partners L.P. to 'D' from 'CC'.

In addition, S&P lowered its senior unsecured issue-level rating to
'D' from 'C'.  The recovery rating on this debt is '6', indicating
S&P's expectation of negligible (0%-10%) recovery for creditors in
the event of a payment default.

"The downgrade reflects MEMP's failure to make the coupon payment
due under its 2021 notes within the 30-day grace period, and our
belief that the partnership will likely elect not to meet its
financial obligations until it has agreed on a financial
restructuring plan with them," said S&P Global Ratings credit
analyst Christine Besset.

MEMP entered into a forbearance agreement through today Dec. 7,
2016, with certain holders of the notes.  In addition, the
partnership reached an agreement with the lenders under its
revolving credit facility to extend through Dec. 16, 2016, the
waiver previously granted in connection with MEMP's missed coupon
payment on the notes.  S&P notes that MEMP's operations are
continuing as normal across the partnership's asset base while
discussions with lenders are ongoing.



MICHAEL BISHOP: Disclosures Okayed, Plan Hearing on Jan. 12
-----------------------------------------------------------
The U.S. Bankruptcy Court for the District of North Dakota is set
to hold a hearing on January 12, at 2:00 p.m., to consider approval
of the Chapter 11 plan of reorganization filed by Michael Eugene
Bishop on October 17.

The hearing will be held at the Quentin N. Burdick United States
Courthouse, Courtroom 3, Second Floor, 655 First Avenue North,
Fargo, North Dakota.

The court on November 17 approved the Debtor's disclosure
statement, allowing him to start soliciting votes from creditors.


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

The Debtor is represented by:

     Sara Diaz, Esq.
     Bulie Law Office
     1790 32nd Ave. S., Suite 2B
     Fargo, ND 58104
     Email: sara@bulielaw.com

                   About Michael Eugene Bishop

Michael Eugene Bishop sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D.N.D. Case No. 16-30213) on May 2, 2016.
The case is assigned to Judge Shon Hastings.


NATURAL MOLECULAR: Trustee Taps Graham & Jensen as Special Counsel
------------------------------------------------------------------
The Chapter 11 trustee for Natural Molecular Testing Corp. seeks
approval from the U.S. Bankruptcy Court for the Western District of
Washington to hire Graham & Jensen LLP as special counsel.

Mark Calvert, the court-appointed trustee, tapped the firm to
collect a default judgment against a defendant in Atlanta,
Georgia.

Mary Meyer, Esq., the attorney designated to represent the trustee,
will be paid an hourly rate of $275.  Attorneys and paralegals
working under her direction charge from $125 to $265 per hour.

Graham & Jensen is a "disinterested person" as defined in section
101(14) of the Bankruptcy Code, according to court filings.

The firm can be reached through:

     Mary Meyer, Esq.
     Graham & Jensen LLP
     17 Executive Park Dr., Suite 115
     Atlanta, GA 30329
     Tel: 404-842-9380
     Fax: 678-904-3110
     Email: mmeyer@grahamjensen.com
     Email: info@grahamjensen.com

                     About Natural Molecular

Natural Molecular Testing Corp., which provides molecular
diagnostic-testing services, including testing for sexually
transmitted diseases and screening and counseling about cystic
fibrosis, filed a petition for Chapter 11 protection (Bankr. W.D.
Wash. Case No. 13-19298) on Oct. 21, 2013, in Seattle.  Hacker &
Willig, Inc., P.S., serves as its bankruptcy counsel.  

The closely held company said assets are worth more than $100
million while debt is less than $50 million.

Gail Brehm Geiger, Acting U.S. Trustee for Region 18, appointed a
five-member committee of unsecured creditors.  Foster Pepper's Jane
Pearson, Esq.; Christopher M. Alston, Esq., and Terrance Keenan,
Esq., serve as the committee's attorneys.

On September 29, 2014, the court approved the appointment of Mark
Calvert as Chapter 11 trustee.


NAUGHTON PLUMBING: Can Use Western Alliance Bank Cash Collateral
----------------------------------------------------------------
Judge Scott H. Gan of the U.S. Bankruptcy Court for the District of
Arizona authorized Naughton Plumbing Sales Co., Inc., to use the
cash collateral of Western Alliance Bank f/k/a Alliance Bank of
Arizona.

Western Alliance Bank has asserted a lien and perfected first
position security interest in the Debtor's cash collateral and its
products and proceeds.

Western Alliance Bank consented to the Debtor's use of cash
collateral for a period of 30 days, or until Jan. 2, 2017, provided
that the Debtor makes an immediate one-time adequate protection
payment of $34,248.

Judge Gan authorized the Debtor to make the requested one-time
adequate protection payment, and to use the cash collateral after
making the adequate protection payment.

The approved Budget covers the period from October 2016 through
September 2017.  The Budget provides for total selling, general,
and administrative expenses in the amount of $3,050,002.

Western Alliance Bank is granted a replacement lien in and to all
cash collateral acquired by the Debtor after the petition date to
the extent necessary to compensate for any diminution in the amount
and/or quality of its prepetition lien in the same kind and
character of cash collateral assets.

A full-text copy of the Order, dated Dec. 5, 2016, is available at

http://bankrupt.com/misc/NaughtonPlumbing2016_416bk13201shg_46.pdf

A full-text copy of the approved Budget, dated Dec. 5, 2016, is
available at
http://bankrupt.com/misc/NaughtonPlumbing2016_416bk13201shg_46_1.pdf

Western Alliance Bank is represented by:

          Jonathan M. Saffer, Esq.
          SNELL & WILMER, LLP
          1 S. Church Avenue, #1500
          Tucson, AZ 85701
          E-mail: jmsaffer@swlaw.com

             About Naughton Plumbing Sales Co.

Naughton Plumbing Sales Co., Inc., an Arizona corporation, sells
plumbing, heating, and cooling supplies.

Naughton Plumbing filed a chapter 11 petition (D. Ariz. Case No.
16-13201) on Nov. 17, 2016.  The petition was signed by Frank W.
Naughton, president.  The Debtor is represented by John C. Smith,
Esq., at Smith & Smith Law Offices, PLLC.  The case is assigned to
Judge Scott H. Gan.  The Debtor estimated assets and debt at $1
billion to $10 billion at the time of the filing.

No request has been made for the appointment of a trustee or an
examiner and none has been appointed in the case.  No official
committee of unsecured creditors has been appointed in the case.



NEOVASC INC: Provides Update on Tiara Mitral Valve Clinical Program
-------------------------------------------------------------------
Neovasc Inc. provided an update on the clinical experience with its
Tiara transcatheter mitral valve.  Tiara is a novel transcatheter
device designed to treat mitral regurgitation (MR), a condition
that is often severe and can lead to heart failure and death.

To date, 22 patients have been treated with the Tiara valve at
medical centers in Canada, the U.S. and Europe with more
implantations scheduled for the coming weeks.  The technical
success rate in these implantations was 19/22 or 86%.  In these
technically successful implantations, paravalvular leak levels were
reported as mild, trace or absent in 100% of these cases.  All
cause 30-day mortality in the 19 patients who have reached 30 days
post implant with Tiara is 15.7% (3/19).  The 3 remaining patients
treated within the last 30 days are recovering well.  Of note,
there has been no 30-day mortality reported in any of the last 8
patients treated over a month ago.  

To date, the longest patient follow up available is nearing 3 years
post implant, where the Tiara valve remains fully functional.
There have been no reported adverse events related to the valve
performance.  There have been no frame fractures, or any device
performance issues observed with the Tiara in any patient
follow-up.

The results noted above were presented by Dr. Shmuel Banai, at the
ICI Meeting 2016 (ICI) in Tel Aviv, Israel.  ICI is the premier
International Conference for Innovations in Cardiovascular
Systems.

Tiara has demonstrated the ability to treat a range of different
patient anatomies, including patients with pre-existing prosthetic
aortic valves (both mechanical and biological) and those with prior
mitral repair surgery including mitral rings, which may be contra
indications for other devices.  

"Tiara's unique shape and trigonal tab anchoring system enables the
device to be securely implanted with reduced risk of projecting
into the LVOT or potentially interfering with prosthetic aortic
valves which are commonly present in this patient population,"
stated Alexei Marko, Neovasc CEO. "Furthermore, the Tiara anchoring
system does not rely significantly on the integrity of the native
mitral leaflets and therefore can be suitable for certain
degenerative MR patients with flail leaflets or calcification.  It
has also been successfully shown that the design of Tiara makes it
suitable for certain cases where mitral rings have been previously
implanted in patients."

TIARA II, a 115 patient, non-randomized, prospective clinical study
evaluating Tiara's safety and performance, recently received
approval to begin enrolling patients in Italy.  It is expected that
data from this study will be used to file for CE Mark approval for
Tiara.  CE Mark is the European Union (EU) regulatory approval to
commercialize a medical device. It is anticipated  that the first
implantations in the TIARA II trial will be conducted by the
medical team at San Raffaele Hospital in Milan, Italy in the first
quarter of 2017.  The Company will be initiating additional
investigational sites in 2017 as required approvals are obtained.

                        About Neovasc Inc.

Neovasc Inc. (CVE:NVC) -- http://www.neovasc.com/-- is a Canadian
specialty medical device company that develops, manufactures and
markets products for the rapidly growing cardiovascular
marketplace.  Its products in development include the Tiara, for
the transcatheter treatment of mitral valve disease and the Neovasc
Reducer for the treatment of refractory angina.  The Company also
sells a line of advanced biological tissue products that are used
as key components in third-party medical products including
transcatheter heart valves.

Neovasc reported a net loss of US$26.73 million for the year ended
Dec. 31, 2015, compared to a net loss of US$17.17 million for the
year ended Dec. 31, 2014.

As of Sept. 30, 2016, Neovasc had US$33.83 million in total assets,
US$93.45 million in total liabilities and a total deficit of
US$59.61 million.


NEVADA GAMING: Can Get DIP Loan From NGP Stephanie Property
-----------------------------------------------------------
Judge Laurel E. Davis of the U.S. Bankruptcy Court for the District
of Nevada authorized Nevada Gaming Partners, LLC, to obtain
postpetition financing on an interim basis from NGP Stephanie
Property, LLC.

The Debtor is authorized to obtain secured postpetition financing
in an aggregate principal amount of up to $374,000, and was
permitted to borrow initial loans of up to $100,000 in accordance
with the Court's Interim Order, the Credit Agreement, and other
Loan Documents.

Judge Davis acknowledged that the Debtor has an immediate and
critical need to obtain postpetition financing.  He further
acknowledged that the Debtor's ability to obtain the postpetition
financing is critical to the Debtor's ability to continue as a
going concern during the course of the Chapter 11 case.

The Debtor contended that it will use the proceeds of the
postpetition financing for:

     (1) payments to critical vendors;

     (2) payments described in the Court's Order approving the
rejection of certain slot route agreements and extending time for
performance under certain slot route agreements;

     (3) costs of administering the Debtor's estate, including fees
assessed by the Office of the United States Trustee, the fees of
the Clerk of Court, and the allowed fees and expenses of
professionals of the estate;

     (4) costs and expenses for anticipated section 363 sale of
some or all of the Debtor's businesses; and

     (5) other operating expenses, to the extent that the Debtor's
use of cash collateral is not adequate to fund payment for any or
all of the same.

NGP Stephanie Property is granted an allowed claim having priority
over any and all administrative expenses and all other claims
against the Debtor, subject to the Carve-Out and any Superpriority
Claims provided to the Debtor's Prepetition Lender under any Cash
Collateral Order.

NGP Stephanie Property is also granted a valid, binding,
continuing, enforceable and fully-perfected first priority security
interest in and lien on all the assets and property of the Debtor
and its estate that is not otherwise subject to a lien as of the
date of the entry of the Court's Interim Order, as well as a valid,
binding, continuing, enforceable and fully-perfected security
interest in and lien upon all assets and property of the Debtor
junior to all liens encumbering such assets and property as of the
date of the Court's Final DIP Order.

The Carve-Out consists of:

     (1) all Professional Fees for the payment of costs of winding
up the Debtor's chapter 11 case;

     (2) US Trustee Fees; and

     (3) Court Fees.

A final hearing on the Debtor's Motion is scheduled on Dec. 13,
2016 at 9:30 a.m.  The deadline for the filing of objections to the
Debtor's Motion is set on December 6, 2016 at 5:00 p.m.

A full-text copy of the Interim Order, dated Dec. 5, 2016, is
available at
http://bankrupt.com/misc/NevadaGaming2016_1615521led_224.pdf

NGP Stephanie Property, LLC, can be reached at:

          NG PROPERTY, LLC
          5520 Stephanie St.
          Las Vegas, NV 89122

               About Nevada Gaming Partners

Headquartered in Las Vegas, Nevada, Nevada Gaming Partners, LLC, is
a gaming company that focuses on slot route operations, casino
operations and refurbishment of slot machines.  The Company
operated 429 slot machines throughout the State of Nevada via its
Slot Routes as of the bankruptcy filing date.  The Company is doing
business as Nevada Gaming Partners Management II, LLC, Nevada
Gaming Centers, Nevada Gaming Partners Management II, Sarah's
Kitchen, Nevada Gaming Partners, Evolve Gaming Management and
Klondike Sunset Casino.

Nevada Gaming Partners, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. D. Nev. Case No. 16-15521) on Oct. 12, 2016.  The petition
was signed by Bruce Familian, manager.  The Debtor is represented
by Brett A. Axelrod, Esq., and Micaela Rustia Moore, Esq., at Fox
Rothschild LLP.  Judge Laurel E. Davis presides over the case.  The
Debtor estimated $1 million to $10 million in both assets and
liabilities.


NEW CAL-NEVA: Hires Hartman & Hartman as Local Bankruptcy Counsel
-----------------------------------------------------------------
New Cal-Neva Lodge, LLC, seeks authority from the U.S. Bankruptcy
Court for the District of Nevada to employ Hartman & Hartman, P.C.
as local bankruptcy counsel to the Debtor.

New Cal-Neva requires Hartman & Hartman to represent the Debtor in
the Chapter 11 bankruptcy as local bankruptcy counsel with Keller &
Benvenutti LLP as general counsel.

Hartman & Hartman will be paid at these hourly rates:

     Jeffrey L. Hartman              $475
     Contract Lawyer                 $185
     Legal Assistant                 $85

Hartman & Hartman will be paid a retainer in the amount of
$10,000.

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

Jeffrey L. Hartman, member of Hartman & Hartman P.C., assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their/its
estates.

Hartman & Hartman can be reached at:

     Jeffrey L. Hartman, Esq.
     HARTMAN & HARTMAN P.C.
     510 West Plumb Lane, Suite B
     Reno, NV 89509
     Tel: (775) 324-2800

                     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 on Sept. 13 appointed four 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.


NEW ENTERPRISE: Amends Stock Restriction & Management Agreement
---------------------------------------------------------------
New Enterprise Stone & Lime Co., Inc., and Paul I. Detwiler, Jr.,
and Donald L. Detwiler adopted Amendment No. 2 to the Stock
Restriction and Management Agreement, as amended, to, among other
things, modify the requirements of a Qualified Transferee and to
eliminate the Designated Directors (in each case, as defined in the
Stockholders' Agreement).

A full-text copy of the Amendment No. 2 Stock Restriction and
Management Agreement is available for free at https://is.gd/wu4nbI

                     About New Enterprise

New Enterprise Stone & Lime, Co., Inc., is a privately held,
vertically integrated construction materials supplier and
heavy/highway construction contractor in Pennsylvania and western
New York and a national traffic safety services and equipment
provider.

New Enterprise reported a net loss of $21.1 million for the year
ended Feb. 29, 2016, following a net loss of $62.5 million for the
year ended Feb. 28, 2015.

As of May 31, 2016, New Enterprise had $656 million in total
assets, $851 million in total liabilities and a total deficit of
$196 million.

                          *     *     *

As reported by the TCR on July 27, 2016, Moody's Investors Service
upgraded New Enterprise Stone & Lime Co., Inc.'s Corporate Family
Rating to B3 from Caa1.  The B3 Corporate Family Rating reflects
the company's modest scale, seasonality of its business, limited
geographic diversification, exposure to cyclical construction end
markets, concentration of business with Pennsylvania DOT, and high
financial leverage.

New Enterprise carries a 'B-' corporate credit rating from S&P
Global ratings.


NEXT STAGE: Voluntary Chapter 11 Case Summary
---------------------------------------------
Debtor: Next Stage Holdings, LLC
        Attn: Steven Hall
        570 El Camino Real, Suite 150-456
        Redwood City, CA 94063

Case No.: 16-31312

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: December 6, 2016

Court: United States Bankruptcy Court
       Northern District of California (San Francisco)

Judge: Hon. Hannah L. Blumenstiel

Debtor's Counsel: Ruth Elin Auerbach, Esq.
                  LAW OFFICES OF RUTH ELIN AUERBACH
                  77 Van Ness Ave. #201
                  San Francisco, CA 94102
                  Tel: (415)673-0560
                  Fax: (415) 673-0562
                  E-mail: attorneyruth@sbcglobal.net

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Steven Hall, managing member.

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

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

         http://bankrupt.com/misc/canb16-31312.pdf


OLIVER C&I: Seeks to Hire Villafane & Oti as External Auditor
-------------------------------------------------------------
Oliver C & I Corp. seeks approval from the U.S. Bankruptcy Court
for the District of Puerto Rico to hire an external auditor.

The Debtor proposes to hire Villafane & Oti, Certified Public
Accountants, PSC, to prepare its income tax return, audited
financial statements and other documents.

Aurora Oti-Yvonnet, a certified public accountant employed with the
firm, will receive a flat fee of $4,200 for the preparation of the
Debtor's financial statements; $350 for the income tax return; $150
for the Annual Corporative Report; and $250 for the Annual
Informative Returns.  Ms. Oti-Yvonnet will be paid an hourly rate
of $175 for additional services.   

In a court filing, Ms. Oti-Yvonnet disclosed that she is a
"disinterested person" as defined in section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Aurora Oti-Yvonnet
     Villafane & Oti, Certified
     Public Accountants, PSC
     P.O. Box 70250, Suite 288
     San Juan, PR 00936-8250
     Phone: (787) 751-8180
     Fax: (787) 751-8445

                    About Oliver C & I Corp.

Oliver C & I Corp., based in Guaynabo, Puerto Rico, filed a Chapter
11 petition (Bankr. D.P.R. Case No. 16-08311) on October 17, 2016.
The Hon. Mildred Caban Flores presides over the case.  Carmen D.
Conde Torres, Esq., serves as attorney.

In its petition, the Debtor indicated $29.94 million in total
assets and $1.06 million in total liabilities.  The petition was
signed by Max Olivera, vice-president and treasurer.


ON CALL FLAGGING: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of On Call Flagging, Inc., as of
Dec. 7, according to a court docket.

On Call Flagging, Inc., based in Belsano, PA, filed a Chapter 11
petition (Bankr. M.D. Pa. Case No. 16-70758) on November 2, 2016.
The Hon. Jeffery A. Deller presides over the case.  James R. Walsh,
at Spence Custer Saylor Wolfe & Rose, LLC, serves as bankruptcy
counsel.

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


PARETEUM CORP: Sells Add'l $50,000 Series A-1 Preferred Stock
-------------------------------------------------------------
Pareteum Corporation entered into a subscription agreement on Dec.
2, 2016, with an "accredited investor" relating to the issuance and
sale of 5 shares of the Company's Series A-1 Preferred Stock, par
value $0.00001 per share, for aggregate gross proceeds of $50,000.


As previously disclosed, the Company held an initial closing on
Oct. 28, 2016, and subsequent closing on Nov. 10, 2016, pursuant to
which the Company has sold an aggregate of 95 shares of Series A-1
Preferred Stock for aggregate gross proceeds of $949,807.  As of
Dec. 6, 2016, including the previously disclosed sales, the Company
has sold a total of 100 shares of Series A-1 Preferred Stock for
aggregate gross proceeds of $999,807.

                      Pareteum Corp

New York-based Pareteum Corporation (NYSEMKT: TEUM), formerly known
as Elephant Talk
Communications, Inc. -- http://www.pareteum.com/-- is an
international provider of
business software and services to the telecommunications and
financial services industry.

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

As of Sept. 30, 2016, Pareteum had $15.26 million in total assets,
$21.66 million in total liabilities and a total stockholders'
deficit of $6.40 million.

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


PEEK, AREN'T YOU: Hires Ellis Bristol Harmon as Accountants
-----------------------------------------------------------
Peek, Aren't You Curious, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Northern District of California to employ
Ellis Bristol Harmon & Marsh as tax accountants.

The Debtor requires EBHM to provide tax accounting and preparation
of the Debtor's state and federal tax returns.

EBHM professionals who will work on the Debtor's case and their
hourly rates are:

     Tad Ellis                         $360
     James T. Bristol                  $315
     Kevin Harmon                      $300
     Malinda Marsh                     $300
     Staff                             $170-$215

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

James T. Bristol, partner with Ellis Bristol Harmon & Marsh,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

EBHM may be reached at:

      James T. Bristol
      Ellis Bristol Harmon & Marsh
      14310 Ventura Blvd., 2nd Floor
      Sherman Oaks, CA 91423
      Phone: (818)986-6850

              About Peek, Aren't You Curious

Peek, Aren't You Curious, Inc., designed, manufactured and sold
apparel, accessories, shoes, and gifts for girls, boys, and
babies.

Peek sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. N.D. Cal. Case No. 16-30146) on Feb. 5, 2016.  The
petition was signed by Maria C. Canales, CEO.

As of its bankruptcy filing, Peek sold high-end children's clothing
through 21 retail stores in 10 states (one of which closed on Jan.
23, 2016), a wholesale relationship with Nordstrom department
stores, and an Ecommerce platform.

The bankruptcy case is assigned to Judge Hannah L. Blumenstiel.
The Debtor tapped Nuti Hart LLP as its legal counsel; Gordon
Brothers Retail Partners LLC as liquidation agent; DJM Realty
Services LLC as real estate consultant; and Donlin, Recano &
Company Inc. as claims and noticing agent.

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


PERFORMANCE SPORTS: 341 Creditors' Meeting Continued to Dec. 19
---------------------------------------------------------------
The Section 341 Meeting of Creditors of Performance Sports Group
Ltd. and its debtor affiliates has been continued to Dec. 19, 2016
at 2:30 p.m.

The Meeting will be held at J. Caleb Boggs Federal Building, 844
King St., Room 3209, Wilmington, Delaware.

The Meeting was originally set for Nov. 30.

The meeting of creditors is required under Section 341(a) of the
U.S. Bankruptcy Code in all bankruptcy cases.  All creditors are
invited, but not required, to attend.  The Meeting of Creditors
offers the one opportunity in a bankruptcy proceeding for creditors
to question a responsible office of the Debtor under oath about the
company's financial affairs and operations that would be of
interest to the general body of creditors.

                    About Performance Sports

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

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

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

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

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

Andrew R. Vara, Acting U.S. Trustee for Region 3, on Nov. 10
appointed three creditors of BPS US Holdings, Inc., parent of
Performance Sports, to serve on the official committee of
unsecured
creditors.  The Creditors' Committee retained by Blank Rome LLP as
counsel, Cassels Brock & Blackwell LLP as Canadian co-counsel, and
Province Inc. as financial advisor.

The U.S. Trustee appointed a committee of equity security holders.
The equity committee is represented by Natalie D. Ramsey, Esq., and
Mark A. Fink, Esq., at Montgomery, McCracken, Walker & Rhoads, LLP;
and Robert J. Stark, Esq., Steven B. Levine, Esq., James W. Stoll,
Esq., and Andrew M. Carty, Esq., at Brown Rudnick LLP.

                           *     *     *

The Bankruptcy Court for the District of Delaware and the Ontario
Superior Court of Justice have granted the Company approval of,
among other things, the bidding procedures and "stalking horse" bid
protections in connection with a "stalking horse" asset purchase
agreement, under which an acquisition vehicle to be co-owned by an
affiliate of Sagard Capital Partners, L.P. and Fairfax Financial
Holdings Limited, intends to acquire substantially all of the
assets of the Company and its North American subsidiaries for U.S.
$575 million in aggregate and assume related operating liabilities.
Interested parties must submit qualified bids to acquire
substantially all of the assets of the Company no later than
January 25, 2017.  The auction is set for January 30, 2017.  A
final sale approval hearing is expected to take place shortly after
completion of the auction with the anticipated closing of the
successful bid to occur by the end of February 2017, subject to
receipt of applicable regulatory approvals and the satisfaction or
waiver of other customary closing conditions.  


PERFORMANCE SPORTS: Investors Want D&O Suit to Proceed
------------------------------------------------------
Rick Archer, writing for Bankruptcy Law360, reported that a group
of investors in a class action suit alleging Performance Sports
Group misled them about the now-bankrupt company's value asked a
New York court to allow their claims against a pair of company
officers to proceed.  The investors argued that the Comopany's
officers should not be allowed to use the bankruptcy proceedings as
a shield.

                    About Performance Sports

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

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

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

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

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

Andrew R. Vara, Acting U.S. Trustee for Region 3, on Nov. 10
appointed three creditors of BPS US Holdings, Inc., parent of
Performance Sports, to serve on the official committee of
unsecured
creditors.  The Creditors' Committee retained by Blank Rome LLP as
counsel, Cassels Brock & Blackwell LLP as Canadian co-counsel, and
Province Inc. as financial advisor.

The U.S. Trustee appointed a committee of equity security holders.
The equity committee is represented by Natalie D. Ramsey, Esq., and
Mark A. Fink, Esq., at Montgomery, McCracken, Walker & Rhoads, LLP;
and Robert J. Stark, Esq., Steven B. Levine, Esq., James W. Stoll,
Esq., and Andrew M. Carty, Esq., at Brown Rudnick LLP.

                           *     *     *

The Bankruptcy Court for the District of Delaware and the Ontario
Superior Court of Justice have granted the Company approval of,
among other things, the bidding procedures and "stalking horse" bid
protections in connection with a "stalking horse" asset purchase
agreement, under which an acquisition vehicle to be co-owned by an
affiliate of Sagard Capital Partners, L.P. and Fairfax Financial
Holdings Limited, intends to acquire substantially all of the
assets of the Company and its North American subsidiaries for U.S.
$575 million in aggregate and assume related operating liabilities.
Interested parties must submit qualified bids to acquire
substantially all of the assets of the Company no later than
January 25, 2017.  The auction is set for January 30, 2017.  A
final sale approval hearing is expected to take place shortly after
completion of the auction with the anticipated closing of the
successful bid to occur by the end of February 2017, subject to
receipt of applicable regulatory approvals and the satisfaction or
waiver of other customary closing conditions.  


PHARMACOGENETICS DIAGNOSTIC: Has Until Jan. 16 to Use SYBTC Cash
----------------------------------------------------------------
Judge Thomas H. Fulton of the U.S. Bankruptcy Court for the Western
District of Kentucky authorized Pharmacogenetics Diagnostic
Laboratory, LLC, to use the cash collateral of Stock Yards Bank &
Trust Company through Jan. 16, 2016.

Judge Fulton acknowledged that the Debtor's use of cash collateral
will minimize the disruption to the Debtor's business that would
otherwise result from the filing of the petition commencing the
Debtor's chapter 11 case.

Stock Yards Bank is granted adequate protection in the form 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 will be senior to any liens
granted to Dr. Roland Valdes to secure debtor in possession
financing; and

     (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 will be senior to any liens granted to Dr. Roland
Valdes to secure debtor in possession financing.

Stock Yards Bank is also granted an administrative expense claim,
having priority over any and all other administrative expense,
other than fees payable to the United States Trustee and the
Debtor's counsel, Proposed Accountant, and any Official Creditors'
Committee in an amount not to exceed $50,000.

The Debtor is directed, among other things, to maintain adequate
insurance on its assets including general liability coverage naming
Stock Yards Bank as a lender's loss payee.

A full-text copy of the Order, dated December 5, 2016, is available
at
http://bankrupt.com/misc/PharmacogeneticsDiagnostic2016_1633404thf_48.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.


PHARMACOGENETICS DIAGNOSTIC: Taps Bingham as Special Counsel
------------------------------------------------------------
Pharmacogenetics Diagnostic Laboratory, LLC seeks approval from the
U.S. Bankruptcy Court for the Western District of Kentucky to hire
Bingham Greenebaum Doll LLP as special counsel.

The Debtor tapped the firm to give legal advice regarding corporate
matters.  The firm's hourly rates for its services range from $160
to $550.    

Robert Brown, Esq., at Bingham Greenebaum, disclosed in a court
filing that the firm does not hold or represent any interest
adverse to the Debtor or its bankruptcy estate.

The firm can be reached through:

     Robert L. Brown, Esq.
     Bingham Greenebaum Doll LLP
     101 South Fifth Street, Suite 3500
     Louisville, KY 40202

               About Pharmacogenetics Diagnostic

Pharmacogenetics Diagnostic Laboratory, LLC, dba PGXL Laboratories
dba PGX Laboratories, filed a Chapter 11 petition (Bankr. W.D. Ky.
Case No. 16-33404) on Nov. 8, 2016. The petition was signed by Dr.
Roland Valdes, Jr., president/CEO.

The case is assigned to Judge Thomas H. Fulton. The Debtor 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.


PIONEER ENERGY: Has Public Offering of 9 Million Common Shares
--------------------------------------------------------------
Pioneer Energy Services Corp. announced the commencement of an
underwritten public offering of 9,000,000 shares of common stock.
The Company expects to grant the underwriters an option to purchase
up to an additional 1,350,000 shares of common stock of the
Company.

The Company intends to use the net proceeds of the offering to
repay indebtedness outstanding under its senior secured revolving
credit facility.

Goldman, Sachs & Co. is acting as book-running manager for the
offering.

The Company has filed a registration statement including a
prospectus and a prospectus supplement with the Securities and
Exchange Commission for the offering to which this communication
relates.  

"Before you invest, you should read the prospectus and prospectus
supplement in that registration statement and other documents the
Company has filed with the SEC for more complete information about
the Company and this offering. You may obtain these documents for
free by visiting EDGAR on the SEC Web site at www.sec.gov.
Alternatively, the issuer, any underwriter or any dealer
participating in the offering will arrange to send you the
prospectus and the prospectus supplement if you request from
Goldman, Sachs, & Co., Attn: Prospectus Department, 200 West
Street, New York, NY 10282, telephone: 866-471-2526, facsimile:
212-902-9316, e-mail: prospectus-ny@ny.email.gs.com."

                     About Pioneer Energy

Pioneer Energy Services Corp. provides land-based drilling services
and production services to a diverse group of independent and large
oil and gas exploration and production companies in the United
States and internationally in Colombia.  The Company also provides
two of its services (coiled tubing and wireline services) offshore
in the Gulf of Mexico.

Pioneer Energy reported a net loss of $155 million in 2015
following a net loss of $38 million in 2014.

As of Sept. 30, 2016, Pioneer Energy had $723.0 million in total
assets, $471.7 million in total liabilities and $251.1 million in
total shareholders' equity.

                           *    *    *

As reported by the TCR on March 7, 2016, Moody's Investors Service,
on March 3, 2016, downgraded Pioneer Energy's Corporate Family
Rating (CFR) to 'Caa3' from 'B2', Probability of Default Rating
(PDR) to 'Caa3-PD' from 'B2-PD', and senior unsecured notes to 'Ca'
from 'B3'.

"The rating downgrades were driven by the material deterioration in
Pioneer Energy's credit metrics through 2015 and our expectation of
continued deterioration through 2016.  The demand outlook for
drilling and oilfield services is extremely weak, as witnessed by
the steep and continued drop in the US rig count" said Sreedhar
Kona, Moody's Vice President.  "The negative outlook reflects the
deteriorating fundamentals of the services sector and the
likelihood of covenant breaches."

Pioneer Energy carries a "B+" corporate credit rating from Standard
& Poor's Ratings.


PLATINUM PARKING: Seeks to Hire Bielli & Klauder as Legal Counsel
-----------------------------------------------------------------
Platinum Parking, Inc. seeks approval from the U.S. Bankruptcy
Court for the District of New Jersey to hire legal counsel.

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

The hourly rates charged by the firm are:

     Nella Bloom         Of Counsel    $325
     Thomas              Member        $325
     David Klauder       Member        $325
     Cory Stephenson     Associate     $205
     Amy Huber           Paralegal     $125

Nella Bloom, Esq. at Bielli & Klauder, disclosed in a court filing
that her firm is a "disinterested person" as defined in section
101(14) of the Bankruptcy Code.

The firm can be reached through:

     Nella M. Bloom, Esq.
     Thomas D. Bielli, Esq.
     David M. Klauder, Esq.
     Bielli & Klauder, LLC
     1500 Walnut Street, Suite 900
     Philadelphia, PA 19102
     Tel: 267-630-2466
     Fax: 215-754-4177
     Email: nbloom@bk-legal.com

                     About Platinum Parking

Platinum Parking, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. N.J. Case No. 16-32944) on December 1,
2016.  The petition was signed by Richard Ruiz, president.  

The case is assigned to Judge Andrew B. Altenburg Jr.

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


PRINTING AND BIKE: Court Grants Final OK to Disclosure Statement
----------------------------------------------------------------
The Hon. Brian K. Tester of the U.S. Bankruptcy Court for the
District of Puerto Rico has finally approved Printing and Bike
Corporation's disclosure statement filed on Oct. 14, 2016,
referring to the Debtor's Chapter 11 plan.

As reported by the Troubled Company Reporter on Oct. 25, 2016, the
Debtor filed with the Court a plan of reorganization and
accompanying disclosure statement, which propose that the aggregate
dividend to general unsecured creditors classified in Class 5 would
be fixed in the amount of $5,000, with payments to be distributed
pro rata among outstanding and allowed claims.

                  About Printing and Bike

Printing and Bike Corporation filed a Chapter 11 petition (Bankr.
D.P.R. Case No. 15-10240) on Dec. 24, 2015, estimating less than $1
million in assets and debt.  The Debtor is represented by Alexis A.
Betancourt Vincentry, Esq., at Lugo Mender Group LLC.


PUBLIC FINANCE: Moody's Withdraws Caa2 Revenue Bonds Ratings
------------------------------------------------------------
Moody's Investors Service has withdrawn the Caa2 rating assigned on
May 11, 2016 to a planned issuance of approximately $22 million of
Public Finance Authority taxable revenue bonds (Infrastructure
Development Cooperative -- Propane Supply and Distribution Project)
Series 2016A.

RATINGS RATIONALE

The reason for the rating withdrawal reflects the fact that the
planned issuance of the bonds has been terminated.

Infrastructure Development Cooperative, LCA is a member owned
limited cooperative association formed under the laws of the
District of Columbia.


QUANTUM CORP: VIEX Funds Report 10.9% Stake as of Dec. 2
--------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, these reporting persons disclosed beneficial ownership
of shares of common stock of Quantum Corporation as of Dec. 2,
2016:

                                         Shares       Percentage
                                      Beneficially       of
  Reporting Person                        Owned         Shares
  ----------------                    ------------    ----------
VIEX Opportunities Fund, LP            7,407,865         2.7%
- Series One

VIEX Opportunities Fund, LP            1,413,191       Less than
- Series Two                                              1%

VIEX Special Opportunities            20,710,666          7.6%
Fund III, LP

VIEX GP, LLC                           8,821,056          3.3%

VIEX Special Opportunities             20,710,666         7.6%
GP III, LLC

VIEX Capital Advisors, LLC             29,531,722        10.9%

Eric Singer                            29,531,722        10.9%

The aggregate percentage of Shares reported owned by each Reporting
Person is based upon 271,184,262 Shares outstanding, which is the
total number of Shares outstanding as of Oct. 28, 2016, as reported
in the Company's Quarterly Report on Form 10-Q, filed with the
Securities and Exchange Commission on Nov. 4, 2016.

On Dec. 2, 2016, Quantum and the Reporting Persons entered into an
amendment to that certain agreement dated Sept. 23, 2016.  Pursuant
to the Amendment, Quantum has extended the Board observer rights of
John Mutch and Raghavendra Rau until Feb. 1, 2017, subject to
certain conditions, and the Reporting Persons have 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.  The
remainder of the Agreement remains unchanged and in effect.

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

                      https://is.gd/pLSBB1

                      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.


QUEST SOLUTION: Spins-Off Canadian Subsidiary to Viascan Group
--------------------------------------------------------------
Quest Solution, Inc., announced it has signed the definitive
agreement and concluded the transaction to spin off all the shares
of Quest Solution Canada Inc. to Viascan Group Inc. with an
effective date of Sept. 30, 2016.

Under the terms of the Exchange and Transfer Agreement, for the
sale of all of the outstanding shares of Quest Solution Canada
Inc., the Company will receive a total of $1 million in cash, of
which $550,000 is receivable at closing and $300,000 to be received
on or before Dec. 30, 2016, and $150,000 on or before Jan. 30,
2017.  In addition, the Company has redeemed 1 share of Preferred
Class B Stock and 1,839,030 shares of Preferred Class C Stock of
the Company, as well as the accrued dividend of $31,742 thereon.
Lastly, Quest Exchange Ltd., a wholly owned subsidiary of the
Company, redeemed 5,200,000 exchangeable shares as part of the
divestiture.

As a result of this spin off, the total number of common shares of
the Company on a fully diluted basis are reduced by 7,039,030.
Additionally, as part of the transaction, Viascan Group Inc. will
assume $1.0 million of liabilities which the Company had at
Sept. 30, 2016.  Other consideration that is part of the
transaction include:

  * Full release from five employment contracts, inclusive of the
    Company's former CEO, Gilles Gaudreault.  This release
    included cancellation of the contracts as well as the deferred
    salary and signing bonus provisions which would have inured to

    the employee.
       
  * The Company is canceling the intercompany debt of
    approximately $7.0 million as well.  The Company will also
    receive a contingent consideration of 15% of the net value
    proceeds, up to a maximum of $2.3 million, received upon a
    liquidity event or a change of control of Quest Solution
    Canada Inc. for a period of 7 years subsequent to the
    transaction.
       
  * The Company also negotiated a right of first refusal for any
    offer to purchase Quest Solution Canada Inc. for a 7-year
    period.

Tom Miller, interim chief executive officer, stated, "Quest
Solution has been, and continues to be, one of the largest and
leading integrators of data collection and mobile computing
technology in the United States.  Solutions and services from Quest
and our partners enable Fortune 500 companies in Retail,
Manufacturing, Transportation and Logistics, and Healthcare to
streamline their supply chains, improve customer service, and
realize improved ROI on company assets."

Miller continued, "The outlook as we move into 2017 is strong as we
anticipate favorable increases in capital investments within the
industries we serve.  In addition, the industry is going through a
technology refresh cycle as companies replace out of date mobile
platforms with new ones that can accommodate business demands.
With the spin-off now complete, investments which had been going
into the Canadian operation can now be put into our core
businesses.  The Company will now have the added flexibility to
enhance its offerings and services to customers with the goal of
driving increased value to the shareholders."

The divestiture of the Canadian business will allow for the
simplification of the operations and services.  According to the
Company, this transaction should help it refocus on its strengths
in mobile computing and data collection, reduce its costs, and
accelerate its path to profitability.  The carve-out will not have
a material impact on the income statement in the 4th quarter.

Management is currently working on an annual summary letter to the
shareholders, as well as a webinar to interested parties regarding
the Company's business strategy going forward.  More detail will be
provided by the Company as it becomes available later in December.

A full-text copy of the Form 8-K report is available for free at:

                    https://is.gd/u4yH2b

                    About Quest Solution

Quest Solution, formerly known as Amerigo Energy, Inc., is a
national mobility systems integrator with a focus on design,
delivery, deployment and support of fully integrated mobile
solutions.  The Company takes a consultative approach by offering
end to end solutions that include hardware, software,
communications and full lifecycle management services.  The highly
tenured team of professionals simplifies the integration process
and delivers proven problem solving solutions backed by numerous
customer references.  Motorola, Intermec, Honeywell, Panasonic,
AirWatch, Wavelink, SOTI and Zebra are major suppliers which Quest
Solution uses in its systems.

Quest Solution reported a net loss of $1.71 million on $63.9
million of total revenues for the year ended Dec. 31, 2015,
compared to net income of $301,600 on $37.3 million of total
revenues for the year ended Dec. 31, 2014.

As of Sept. 30, 2016, Quest Solution had $42.44 million in total
assets, $51.31 million in total liabilities and a total
stockholders' deficit of $8.86 million.

The Company's auditors RBSM LLP, in Leawood, Kansas, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company has a working capital deficiency and significant
subordinated debt resulting from acquisitions.  These factors raise
substantial doubt about the Company's ability to continue as a
going concern.


R.C.A. RUBBER: Hires Brennan Manna as Bankruptcy Counsel
--------------------------------------------------------
The R.C.A. Rubber Company, an Ohio Corporation seeks authorization
from the U.S. Bankruptcy Court for the Northern District of Ohio to
employ Brennan, Manna & Diamond, LLC as general bankruptcy
counsel.

The Debtor requires BMD to:

     a. advise the Debtor with respect to its powers and duties as
debtor-in- possession in the continued operation of its business;

     b. advise the Debtor with respect to all bankruptcy matters;

     c. prepare on behalf of the Debtor all necessary motions,
applications, answers, orders, reports, and papers in connection
with the administration of its estate;

     d. represent the Debtor at all hearings on matters relating to
its affairs and interests as debtor-in-possession before this
Court, any appellate courts, the United States Supreme Court, and
protect the interests of the Debtor;

     e. prosecute and defend litigated matters that may arise
during this Case, including such matters as may be necessary for
the protection of the Debtor's rights, the preservation of estate
assets, or the Debtor's successful reorganization;

     f. prepare and file the disclosure statement and negotiating,
presenting and implementing a plan of reorganization;

     g. exercise due diligence relating to any potential sale of
Debtor's assets;

     h. negotiate and seek approval of a sale of some or all of the
Debtor's assets should such be in the best interest of the Debtor's
estate.

     i. negotiate appropriate transactions and preparing any
necessary documentation related thereto;

     j. represent the Debtor on matters relating to the assumption
or rejection of executory contracts and unexpired leases;

     k. advise the Debtor with respect to corporate, securities,
real estate, litigation, labor, finance, environmental, regulatory,
tax, healthcare or other legal matters which may arise during the
pendency of this Case; and

     l. perform all other legal services that are necessary for the
efficient and economic administration of this Case.

BMD will be paid at these hourly rates:

     Michael A. Steel Attorney/Partner     $295
      Associate Attorney                    $195
      Paralegal                             $75
      Law Clerk                             $50

The Debtor paid to BMD a $25,000.00 Retainer on March 1, 2016, in
contemplation of the filing of this Case.

As of the Petition Date, BMD estimates that the balance of the
Retainer is approximately $15,000.

Michael A. Steel, Esq., partner in the law fir, Brennan, Manna &
Diamond, LLC, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estates.

BMD may be reached at:

     Michael A. Steel, Esq.
     Brennan, Manna & Diamond, LLC
     75 East Market Street
     Akron, Ohio 44308
     Phone: (330) 374-7471
     Fax: (330) 374-7472
     E-mail: masteel@bmdllc.com

                 About The R.C.A. Rubber Company

The R.C.A. Rubber Company filed a Chapter 11 bankruptcy petition
(Bankr. N.D.OH. Case No. 16-52757) on November 18, 2016.  The Hon.
Alan M. Koschik presides over the case. Brennan, Manna & Diamond,
LLC represents the Debtor as counsel.  The Debtor disclosed total
assets of $2.17 million and total liabilities of $1.57 million. The
petition was signed by Shane R. Price, vice president.


REGIS GALERIE: Court Allows Cash Collateral Use Through March 5
---------------------------------------------------------------
Judge Laurel E. Davis of the U.S. Bankruptcy Court for the District
of Nevada authorized Regis Galerie, Inc. to continue using cash
collateral in which Wells Fargo Bank, N.A. and/or American Express
Bank may hold an interest, through March 5, 2017.

Judge Davis acknowledged that the Debtor's continued use of cash
collateral is necessary to allow the Debtor to continue to maintain
its operations and reorganize the Debtor's assets and liabilities,
thereby maximizing creditor recoveries.

The approved Budget covers the period from Dec. 5, 2016 through
March 5, 2017.  The Budget provides for total expenses in the
amount of $2,541,949.

Judge Davis held that all other provisions of the Court's
Supplemental Order Authorizing Use of Cash Collateral will remain
in effect.

A continued hearing on the Debtor's Motion is scheduled on Feb. 28,
2017 at 9:30 a.m.

A full-text copy of the Order, dated Dec. 5, 2016, is available at

http://bankrupt.com/misc/RegisGalerie2016_1614899led_104.pdf

                About Regis Galerie, Inc.

Regis Galerie, Inc., filed a chapter 11 petition (Bankr. D. Nev.
Case No. 16-14899) on Sept. 5, 2016.  The petition was signed by
Samuel Dweck, president.  The Debtor is represented by Bryan M.
Veillion, Esq., at Marquis Aurbach Coffing, and Michael L. Gesas,
Esq., at Arnstein & Lehr, LLP.  The case is assigned to Judge
Laurel E. Davis.  The Debtor estimated assets and liabilities at $1
million to $10 million at the time of the filing.


RICHARD WHITE: Disclosures Okayed, Plan Hearing on Jan. 5
---------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Pennsylvania
is set to hold a hearing on January 5, at 1:30 p.m., to consider
approval of the Chapter 11 plan of Richard and Brenda White.

The hearing will be held at the U.S. Steel Tower, Courtroom B, 54th
Floor, 600 Grant Street, Pittsburgh, Pennsylvania.

The court on November 17 approved the Debtors' disclosure
statement, allowing them to start soliciting votes from creditors.


The order set a December 29 deadline for creditors to cast their
votes and file their objections.

Richard White Sr. and Brenda White sought protection under Chapter
11 of the Bankruptcy Code (Bankr. W. D. Pa. Case No. 14−22576).
The case is assigned to Judge Carlota M. Bohm.


RODERICK BARTON: Wilmington Savings Will Be Paid in Full at 5%
--------------------------------------------------------------
Roderick R. Barton filed with the U.S. Bankruptcy Court for the
District of Massachusetts a second amended disclosure statement
dated Nov. 21, 2016, for the Debtor's plan of reorganization.

Class Four - Secured Claim of Wilmington Savings Fund Society, FSB,
formerly held by Citi Financial regarding 65 Oak Grove Street,
Springfield, will be satisfied in full.  Wilmington Savings will
have a claim in the principal amount of $95,000 as of confirmation
of the Plan.  Interest will accrue, upon confirmation of the Plan,
at the rate of 5.00%.  The claim will be amortized over a 30-year
period schedule.  If the Debtor defaults on the these terms, the
entire amount of the original obligations owed, plus interest at
the original rates.  The parties will execute revised loan
documents to the extent necessary.  The mortgage payments will
include an escrow for taxes and  insurance.  Wilmington Savings is
impaired and may vote on the plan.

The Second Amended Disclosure Statement is available at:

            http://bankrupt.com/misc/mab15-30263-141.pdf

As reported by the Troubled Company Reporter on Oct. 4, 2016, the
Debtor filed with the Court a disclosure statement in conjunction
with his plan of reorganization, providing for the distribution of
all funds to the creditors, directly from the Debtor to pay his
secured debt, priority and administrative debt, and general
unsecured debt.  Class Ten consists of all general unsecured claims
that are $1,000 or less, and a holder of that claim agrees to
reduce the claim to $1,000, and these claims will be paid 25% of
their allowed claims within 60 days of confirmation of the Plan.

                     About Roderick R. Barton

Roderick R. Barton resides at 65 Oak Grove Road, Springfield,
Massachusetts.  He is a businessman/residential rental real estate
owner of properties in the Springfield, Massachusetts area.

The Debtor filed a Chapter 11 petition (Bankr. D. Mass. Case No.
15-30263), on March 29, 2015.  Judge Frank J. Bailey presides over
the case.  The Debtor is represented by Louis S. Robin, Esq., at
the Law Offices of Louis S. Robin, 1200 Converse Street,
Longmeadow, Massachusetts.


ROOT9B TECHNOLOGIES: Effects a 1-for-15 Split, Moves to Colorado
----------------------------------------------------------------
root9B Technologies, Inc. announced a one-for-fifteen (1:15)
reverse split of its issued and outstanding common stock.  The
one-for-fifteen reverse stock split is expected to become effective
prior to the beginning of trading on Dec. 5, 2016, at which time
the Company's common stock should begin trading on a split-adjusted
basis.  The Company's common stock will continue to trade on the
OTCQB.  The new symbol will be RTNBD.  The "D" will be removed in
20 business days and the symbol will revert back to RTNB.

The Company also announced that it has changed its name to root9B
Holdings, Inc. and effective Dec. 5, 2016, will relocate its
corporate headquarters from Charlotte, NC to the current
headquarters of root9B, its wholly owned cybersecurity subsidiary,
in Colorado Springs, CO.  The reverse split, name change, and
headquarters relocation are part of a series of initiatives
associated with the Company's ongoing transition into a pure-play
cybersecurity firm focused on the operations of root9B.

As previously announced, the Company's stockholders granted the
Board of Directors the authority to affect the reverse stock split
within the range of 1:9 to 1:18 at a Special Meeting of
Stockholders held on Oct. 24, 2016.  The Company anticipates that
the reverse split will allow the Company to pursue a listing on the
Nasdaq Capital Market.  The Company believes that a listing on the
Nasdaq Capital Market would make its common stock more attractive
to a broader range of institutional and other investors.

When the reverse stock split becomes effective, every fifteen
shares of the Company's issued and outstanding common stock will be
converted into one share of common stock.  No fractional shares
will be issued; instead, holders of record who would otherwise be
entitled to a fractional share will receive cash in lieu of such
fractional share.  The reverse stock split will not impact any
stockholder's ownership percentage of the Company or voting power,
except for any effects resulting from the treatment of fractional
shares.

Following the reverse split, the number of outstanding shares of
the Company's common stock will be reduced from approximately 84.4
million to approximately 5.6 million.  Additionally, the number of
authorized shares of the Company's common stock will decrease from
125,000,000 to 30,000,000.

Additional information about the reverse stock split can be found
in the Company's definitive proxy statement filed with the
Securities and Exchange Commission on Sept. 16, 2016, a copy of
which is available at http://www.sec.gov/

Continental Stock Transfer & Trust Company will act as exchange
agent for the reverse stock split, and can be reached at (212)
509-4000 or http://www.continentalstock.com/

                         About Root9B

Root9B Technologies, Inc., is a provider of cyber-security,
business advisory services principally in regulatory risk
mitigation, and energy and controls solutions.

Root9B reported a net loss of $8.33 million in 2015 following a net
loss of $24.43 million in 2014.

As of Sept. 30, 2016, Root9B had $31.05 million in total assets,
$13.82 million in total liabilities, and $17.22 million in total
stockholders' equity.

"The Company will need to raise additional funds in order to fund
operations.  Financing transactions, may include the issuance of
equity or debt securities, and obtaining credit facilities, or
other financing mechanisms.  However, if the trading price of our
common stock declines, or if the Company continues to incur losses,
this could make it more difficult to obtain financing through the
issuance of equity or debt securities.  Furthermore, if we issue
additional equity or debt securities, stockholders will likely
experience additional dilution or the new equity securities may
have rights, preferences or privileges senior to those of existing
holders of our common stock.  The inability to obtain additional
financing may restrict our ability to grow and may affect
operations of the Company, its ability to retain and hire critical
staff and revenue producing sub-contractors, and will raise
substantial doubt about our ability to continue as a going
concern," the Company said in its quarterly report for the period
ended Sept. 30, 2016.


RYNARD PROPERTIES: Case Summary & 3 Unsecured Creditors
-------------------------------------------------------
Debtor: Rynard Properties Hilldale LP
          dba Hilldale Apartments
        Hilldale GP. LLC
        Attn: John Bartle
        9114 Technology Drive
        Fishers, IN 46038

Case No.: 16-31248

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: December 7, 2016

Court: United States Bankruptcy Court
       Western District of Tennessee (Memphis)

Judge: Hon. Jennie D. Latta

Debtor's Counsel: Toni Campbell Parker, Esq.
                  LAW OFFICE OF TONI CAMPBELL PARKER
                  615 Oakleaf Office Lane
                  P.O. Box 240666
                  Memphis, TN 38124-0666
                  Tel: (901) 683-0099
                  Fax: 866-489-7938
                  E-mail: tparker002@att.net
                          tparker001@bellsouth.net

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by John Bartle, Chief Restr. Off. & Sec.
for GP, Hilldale GP, LLC.

A copy of the Debtor's list of three unsecured creditors is
available for free at http://bankrupt.com/misc/tnwb16-31248.pdf


SATISH WALIA: Creditors to Get Prorated Portion of $35K in 72 Mos.
------------------------------------------------------------------
Satish and Kamlesh Walia filed with the U.S. Bankruptcy Court for
the Southern District of Illinois a disclosure statement and
accompanying plan of reorganization, dated Nov. 4, 2014, a
full-text copy of which is available at:

        http://bankrupt.com/misc/ilsbe15-40173-l45.pdf  

The Debtors' Chapter 11 Plan proposes that their general unsecured
creditors, priority unsecured creditors and the deficiency amount
of secured creditors would receive a prorated portion of $35,316.
The Debtor will pay to the pool of creditors a minimum of $491 per
month for a period not to exceed 72 months.  If funds are
available, the Debtors will pay additional funds each month to be
applied to the overall balance as set-forth.  In the event the
Debtors sell the real estate located 606 Whippoorwill Lane, Marion,
Illinois, the Debtors will pay the net proceeds minus $30,000 from
Debtors' homestead exemption plus an additional $2,434 total,
whether paid in installments with a payout if the property is sold
or paid in one installment, in full satisfaction of the plan
obligations.  Monthly payments will begin on the first full month
after the Plan is confirmed.

India Delight, the Debtors' restaurant, is earning a profit and is
creating enough income to permit Debtors to pay the unsecured
creditors as proposed.

                  About Satish and Kamlesh Walia

Satish and Kamlesh Walia filed for Chapter 13 protection (Bankr.
S.D. Ill. Case No. 15-40173) on Feb. 26, 2015, in an attempt to
confirm a plan of reorganization.  Once the claims were filed, the
unsecured claims exceeded the maximum amount permitted to qualify
for Chapter 13 protection.  On Oct. 26, 2015, the Court granted
the Debtor's motion to convert the Chapter 13 to a Chapter 11
bankruptcy.  

At the time of filing, the Debtors were represented by the Law
Office of Bradley P. Olson and pursuant to a Court Order, the firm
continues to represent the Debtors.  

The Chapter 11 first meeting of creditors was held on Dec. 2,
2015, in Benton, Illinois.

The Debtors are individuals that, at the time they filed for
Chapter 13 protection, were operating the Lake of Egypt
Supermarket, a convenience store and gas station located at 12124
Lake Of Egypt Rd, Marion, IL.  The Debtors also operated a
convenience store known as the Cambria Mini Mart located at 502 S.
Maple, Cambria, Illinois.  The Cambria store was closed prior to
filing for bankruptcy protection.  Both convenience stores were
owned by AKS, LLC which the Debtors were the 100% sole
shareholder.
In September 2015, the Debtors ceased operating the Lake of Egypt
Supermarket and closed the store.  At the time of closing the
store, the Debtors turned over the keys and possession to Banterra
Bank.


SCHROEDER BROTHERS: Seeks to Hire Pittman as Legal Counsel
----------------------------------------------------------
Schroeder Brothers Farm of Camp Douglas LLP seeks approval from the
U.S. Bankruptcy Court for the Western District of Wisconsin to hire
legal counsel.

The Debtor proposes to hire Pittman & Pittman Law Offices, LLC to
assist in the preparation of a bankruptcy plan, represent the
Debtor in any actions by creditors, and provide other legal
services related to its Chapter 11 case.

The hourly rates charged by the firm are:

     Galen Pittman     $250
     Greg Pittman      $200
     Wade Pittman      $200
     Paralegal          $75

Galen Pittman, Esq., disclosed in a court filing that the firm does
not have any interest adverse to the interest of the Debtor's
bankruptcy estate or any of its creditors.

The firm can be reached through:

     Galen W. Pittman, Esq.
     Pittman & Pittman Law Offices, LLC
     300 N. 2nd Street, Suite 210
     P.O. Box 668
     La Crosse, WI 54602-0668
     Tel: 608/784-0841
     Email: galen@pittmanandpittman.com

                    About Schroeder Brothers

Schroeder Brothers Farm of Camp Douglas LLP sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. W. D. Wis. Case No.
16-13719) on November 2, 2016.  The petition was signed by Rocky
Schroeder, authorized representative.  

The case is assigned to Judge Catherine J. Furay.

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


SCHROEDER BROTHERS: U.S. Trustee Forms 3-Member Committee
---------------------------------------------------------
The Office of the U.S. Trustee on Dec. 7 appointed three creditors
of Schroeder Brothers Farm of Camp Douglas LLP to serve on the
official committee of unsecured creditors.

The committee members are:

     (1) Denise Baumgarten
         25191 Hilldale Ave.
         Tomah, WI 54460

     (2) Cliff’s Inc.
         Jay Dykstra, G.M.
         4085 S. Madison St.
         Friesland, WI 53935

     (3) Cottonseed LLC
         Nigel Adcock
         819 South Bainbridge
         La Crosse, WI 54603

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 Schroeder Brothers

Schroeder Brothers Farm of Camp Douglas LLP sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. W. D. Wis. Case No.
16-13719) on November 2, 2016.  The petition was signed by Rocky
Schroeder, authorized representative.  

The case is assigned to Judge Catherine J. Furay.

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


SEANERGY MARITIME: Amends $15 Million Securities Prospectus
-----------------------------------------------------------
Seanergy Maritime Holdings Corp. filed with the Securities and
Exchange Commission an amended registration statement on Form F-1
relating to the offering $15,000,000 of the Company's 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
the Company's 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/0RA4Sa

                        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.


SECOND SOUTHERN BAPTIST: Hires MK Property as Real Estate Broker
----------------------------------------------------------------
Second Southern Baptist Church of New York seeks authorization from
the U.S. Bankruptcy Court for the Southern District of New York to
employ MK Property Group NYC Corp. as real estate broker.

The Debtor owns the real property located at 1372 Edward L. Grant
Avenue, Bronx, New York 10452.  The Property is the subject of a
tax lien foreclosure action commenced by New York City Tax Lien
("NYCTL") 2012-A Trust and The Bank of New York Mellon, as
collateral agent and custodian, which action was automatically
stayed upon the filing of the bankruptcy case. The Debtor intends
to market the Property for sale and believes it to have significant
equity.

The Debtor requires MK Property  to market the Property for sale
for the benefit of the Debtor's estate pursuant to a customized
marketing plan.

MK Property will be paid a flat fee of 4.5% of the sales price upon
sale of the Property.

Kelly Ross, real estate broker associated with MK Property Group
NYC Group, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estates.

Mk Property may be reached at:

      Kelly Ross
      MK Property Group NYC Group
      275 Lenox Ave.
      New York, NY 10027
      Phone: 646-480-1680 ext. 701
      Mobile: 646-853-6003
      Fax: 718-709-0428
      E-mail: kelly@mkpropertynyc.com

                About Second Southern Baptist Church of New York

Second Southern Baptist Church of New York filed a Chapter 11
bankruptcy petition (Bankr. S.D.N.Y.. Case No. 15-12509) on
September 9, 2015.  The Hon. Sean H. Lane presides over the
case. Reich Reich & Reich P.C. represents the Debtor as counsel.

The Debtor disclosed total assets of $1.2 million and total
liabilities of $389,384. The petition was signed by Mary Willis,
vice president.


SED INTERNATIONAL: Taps Heritage & FB as Investment Banker
----------------------------------------------------------
SED International Holdings, Inc. and SED International, Inc. seek
approval from the U.S. Bankruptcy Court for the Northern District
of Georgia to hire an investment banker.

The Debtors propose to hire Heritage & FB Consultant Group S.A.S.
to provide these services:

     (a) assisting the Debtors in negotiations related to the sale

         of the shares of SED International de Colombia S.A.S., a
         subsidiary, creating a valuation of the company, and
         proposing a sale strategy;

     (b) assisting the Debtors in developing a list of suitable
         potential buyers who will be contacted on a discrete and
         confidential basis after approval as to each name by the
         Debtors;

     (c) coordinating the execution of confidentiality agreements
         for potential buyers wishing to participate in the sale
         process;

     (d) assisting the Debtors and SED-Colombia in coordinating
         site visits for interested buyers and working with the
         management team to develop appropriate presentations for
         the visits;

     (e) soliciting and analyzing competitive offers from
         potential buyers as authorized by the Debtors in each
         instance;

     (f) advising and assisting the Debtors in structuring the
         transaction and negotiating the transaction agreements;
         and

     (g) otherwise assisting the Debtors, their attorneys and
         accountants, as necessary through closing on a best
         efforts basis.

Heritage will get an initial fee of $12,500 upon execution of its
mandate contract with the Debtors.  

Under the contract, the firm agrees to provide the Debtors with
investment banking services with respect to a sale transaction
focusing on the sale of the shares of SED-Colombia.

Heritage will also receive $12,500 upon the consummation of a sale
of the shares of SED-Colombia to Ark Investments, LLC or any
affiliate of that company.

In the event that a sale of the shares is consummated with another
buyer, the Debtors will pay the firm $12,500, plus 3% of the
purchase price above $600,000.

Mauricio Buenaventura Ortiz disclosed in a court filing that
Heritage is a "disinterested person" as defined in section 101(14)
of the Bankruptcy Code.

The firm can be reached through:

     Mauricio Buenaventura Ortiz
     Heritage & FB Consultant Group S.A.S.
     Calle 120 # 7-62 of 402
     Bogota, Colombia
     Tel: 57 (1) 215-4614

                     About SED International

Founded in 1980, SED International Holdings, Inc. is a
multinational, preferred distributor of leading computer
technology, consumer electronics, and small appliance products. The
company also offers custom-tailored supply chain management
services ideally suited to meet the priorities and distribution
requirements of the e-commerce, Business-to-Business and
Business-to-Consumer markets.

Headquartered near Atlanta, Georgia with business operations in
California; Florida; Georgia; Bogota, Colombia and Buenos Aires,
Argentina, SED serves a customer base of over 10,000 channel
partners and retailers in the United States, Latin America, and
Caribbean.

On February 24, 2016, Hill, Kertscher & Wharton, LLC filed an
involuntary petition for relief under Chapter 7 of the Bankruptcy
Code against Holdings.  Alan Rothman joined in the involuntary
petition on March 31, 2016, and Brother International Corp. on
April 6, 2016.

On September 14, 2016, the court converted the Chapter 7 case to
one under Chapter 11 (Bankr. N.D. Ga. Case No. 16-53376).

Based in Lawrenceville, Ga., SED International, Inc. filed a
Chapter 11 bankruptcy petition (Bankr. N.D. Ga. Case No. 16-66019)
on September 9, 2016, listing under $1 million in total assets and
between $10 million to $50 million in liabilities.  The petition
was signed by Sham Gad, CEO.

The Debtors' cases are being jointly administered under Case No.
16-53376.  No official committee of unsecured creditors, trustee or
examiner has been appointed in the cases.

Robert J. Williamson, Esq., and Ashley Reynolds Ray, Esq., at
Scroggins & Williamson P.C., serve as the Debtors' counsel.


SERVICEBURY LLC: Seeks to Hire John Sommerstein as Legal Counsel
----------------------------------------------------------------
Servicebury, LLC seeks approval from the U.S. Bankruptcy Court for
the District of Massachusetts to hire legal counsel in connection
with its Chapter 11 case.

The Debtor proposes to hire John Sommerstein, Esq., to give legal
advice regarding its duties under the Bankruptcy Code, assist in
the preparation of a bankruptcy plan, and provide other legal
services.  

Mr. Sommerstein will be paid an hourly rate of $375 for his
services.

In a court filing, Mr. Sommerstein disclosed that he is a
"disinterested person" as defined in section 101(14) of the
Bankruptcy Code.

Mr. Sommerstein maintains an office at:

     John F. Sommerstein, Esq.
     98 North Washington Street
     Boston, MA 02114
     Phone: 617-523-7474
     Email: jfsommer@aol.com

                       About Servicebury

Servicebury, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Mass. Case No. 16-14530) on November 29,
2016.  The case is assigned to Judge Frank J. Bailey.

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


SIGEL'S BEVERAGE: Seeks to Hire Pronske Goolsby as Legal Counsel
----------------------------------------------------------------
Sigel's Beverage, L.P. seeks approval from the U.S. Bankruptcy
Court for the Northern District of Texas to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire Pronske Goolsby & Kathman, P.C. to give
legal advice regarding its duties under the Bankruptcy Code, assist
in the preparation of a bankruptcy plan, and provide other
services.

The hourly rates charged by the firm are:

     Partners       $350 - $600
     Associates            $225
     Legal Assistants      $120

Gerrit Pronske, Esq. at Pronske, disclosed in a court filing that
the firm is a "disinterested person" as defined in section 101(14)
of the Bankruptcy Code.

The firm can be reached through:

     Gerrit M. Pronske, Esq.
     Melanie P. Goolsby, Esq.
     Jason P. Kathman, Esq.
     Pronske Goolsby & Kathman, P.C.
     901 Main Street, Suite 610
     Dallas, TX 75202
     Telephone: (214) 658-6500
     Telecopier: (214) 658-6509  
     Email: gpronske@pgkpc.com
     Email: mgoolsby@pgkpc.com
     Email: jkathman@pgkpc.com

                     About Sigel's Beverage

Sigel's Beverage, L.P. engages in the wholesale distribution and
retail of alcoholic beverages.  

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N. D. Texas Case No. 16-34118) on October 20, 2016.
The petition was signed by Anthony J. Bandiera, chief executive
officer of Milan General Investments, Inc., general partner of the
Debtor.  

The Hon. Barbara J. Houser presides over the Debtor's case.  

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


SIGEL'S BEVERAGES: Hires Pronske Goolsby as Counsel
---------------------------------------------------
Sigel's Beverages, LP seeks authorization from the U.S. Bankruptcy
Court for the Northern District of Texas to employ Pronske Goolsby
& Kathman PC as counsel for the Debtor.

The Debtor requires PGK to:

     a. provide legal advice with respect to the Debtor's powers
and duties as a debtor in possession in the continued operation of
its businesses and the management of its property.

     b. take all necessary action to protect and preserve the
Debtor's estate, including the prosecution of actions on behalf of
the Debtor, the defense of any actions commenced against the
Debtor, negotiations concerning litigation in which the Debtor is
involved, and objections to claims filed against the Debtor's
estate;

     c. prepare on behalf of the Debtor necessary motions, answers,
orders, reports, and other legal papers in connection with the
administration of its estate;

     d. assist the Debtor in preparing for and filing a disclosure
statement in accordance with Section 1125 of the Bankruptcy Code.

     e. assist the Debtor in preparing for and filing a plan of
reorganization at the earliest possible date;

     f. perform any and all other legal services for the Debtor in
connection with the Debtor's Chapter 11 case; and

     g. perform such legal services as the Debtor may request with
respect to any matter, including, but not limited to, corporate
finance and governance, contracts, antitrust, labor, and tax.

PGK will be paid at these hourly rates:

     Gerrit M. Pronske, Esq.      $600
     Partners                     $350-$600
     Associates                   $225
     Legal Assistants             $120

Prior to the Petition Date, PGK received a $150,000.00 retainer
from the Debtor. Prior to the filing of the Petition for the
Debtor, PGK drew down $42,666.00 on October 20, 2016, for work
performed in preparation of this bankruptcy filing, leaving a
retainer balance of $107,334.00.

Gerrit M. Pronske, Esq., shareholder with the law firm of Pronske
Goolsby & Kathman PC, assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtor and its estates.

PGK may be reached at:

     Gerrit M. Pronske, Esq.
     Melanie P. Goolsby, Esq.
     Jason P. Kathman, Esq.
     Pronske Goolsby & Kathman PC
     901 Main Street, Suite 610
     Dallas, TX 75202
     Telephone: (214)658-6500
     Telecopier: (214)658-6509
     Email: gpronske@pgkpc.com
            mgoolsby@pgkpc.com
            jkathman@pgkpc.com

                 About Sigel's Beverage

Sigel's Beverage, L.P. engages in the wholesale distribution and
retail of alcoholic beverages.  It filed for Chapter 11
bankruptcy (Bankr. N.D. Tex. Case No. 16-34118) on October 20,
2016, in Dallas.  The Company estimated $10 million to $50 million
in assets and liabilities.  The Hon. Barbara J. Houser presides
over the Debtor's case.  Gerrit M. Pronske, Esq. of Pronske Goolsby
& Kathman, P.C., serves as counsel to the Debtor.


SNEED SHIPBUILDING: Trustee Taps Hughes Watters as Legal Counsel
----------------------------------------------------------------
The Chapter 11 trustee for Sneed Shipbuilding, Inc. seeks approval
from the U.S. Bankruptcy Court for the Southern District of Texas
to hire legal counsel.

Allison Byman proposes to hire Hughes Watters Askanase, LLP to
assist in negotiations and formulation of a bankruptcy plan,
represent the trustee in litigation, and provide other legal
services related to the Debtor's Chapter 11 case.

Steven Shurn, Esq., and Simon Mayer, Esq., will be paid $395 per
hour and $275 per hour, respectively.

Mr. Shurn disclosed in a court filing that his firm is a
"disinterested person" as defined in section 101(14) of the
Bankruptcy Code.

Hughes Watters can be reached through:

     Steven D. Shurn, Esq.
     Hughes Watters Askanase, LLP
     1201 Louisiana, 28th Floor
     Houston, TX 77002
     Tel: 713-759-0818 / 713-328-2824
     Fax: 713-759-6834
     Email: sshurn@hwa.com

                 About Sneed Shipbuilding, Inc.

Sneed Shipbuilding, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Tex. Case No. 16-60014) on March 4,
2016. The petition was signed by Clyde E. Sneed, president.

The Debtor is represented by Amber Michelle Chambers, Esq., Eric
Michael VanHorn, Esq., and Nicholas Zugaro, Esq., at McCathern,
PLLC. The case is assigned to Judge David R. Jones.

The Debtor estimated assets of $1 million to $10 million and debts
of $10 million to $50 million.

The Office of the U.S. Trustee appointed five creditors of Sneed
Shipbuilding, Inc., to serve on the official committee of unsecured
creditors.

On November 3, 2016, the court appointed Allison D. Byman as the
Chapter 11 trustee.


SNUG HARBOR: Court Extends Exclusive Plan Filing Period to Feb. 5
-----------------------------------------------------------------
Judge Andrew B. Altenburg of the U.S. Bankruptcy Court for the
District of New Jersey extended Snug Harbor Marina, LLC's exclusive
period for filing a chapter 11 plan from December 7, 2016 to
February 5, 2017, and the Debtor's exclusive period for soliciting
acceptances to the plan to April 6, 2017.

The Debtor previously sought the extension of its exclusive
periods, contending that it needed additional time, sufficient for
the Debtor to continue marketing and selling the fishing marina
located at 926 Ocean Drive, Cape May, New Jersey, or secure a
refinancing agreement.

The Debtor contended that once it has entered into an Agreement of
Sale or Refinancing Agreement, there will be clarity in its
financial situation that will permit the Debtor to focus on
formulating, negotiating, preparing and proposing a Plan of
Reorganization to pay its largest secured creditor, Harvest
Community Bank, and any remaining creditors and parties in interest
as possible.  It further contended that the Debtor and its counsel
still needed time to review the proofs of claim filed in the case
to determine the total amount and classification of all the claims
asserted against the estate.

               About Snug Harbor Marina, LLC.

Snug Harbor Marina, LLC, owns and operates a fishing marina located
at 926 Ocean Drive, Cape May, New Jersey.  The marina has been
operating since 2002.  The fishing marina is open all year
providing boat slips, docks along with a store selling boating and
fishing gear, located on the site.  Snug Harbor Marina owns the
real estate on which the marina business operates.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr.
D.N.J. Case No. 16-16895) on April 11, 2016, listing $6.46 million
in total assets and $3.78 million in total liabilities.  The
petition was signed by Ralph P. Farrell, member.  Judge Andrew B.
Altenburg Jr. presides over the case.  Scott M. Zauber, Esq., at
Subranni Zauber LLC, serves as the Debtor's bankruptcy counsel.

No trustee or examiner or official committee of unsecured creditors
has been appointed in the Debtor's Bankruptcy Case.


SPECTACULARX INC: Use of Compass Bank Cash on Final Basis Allowed
-----------------------------------------------------------------
Judge Craig A. Gargotta of the U.S. Bankruptcy Court for the
District of Texas authorized SpectaculaRX, Inc. to use Compass
Bank's cash collateral on a final basis.

The Debtor owes Compass Bank an amount not less than $177,101 as of
the Petition Date.  The indebtedness is secured by, among other
things, first priority, valid and perfected liens and security
interests in substantially all of the Debtor’s assets.

Judge Gargotta acknowledged that an immediate and critical need
exists for the Debtor to obtain funds in order to continue the
operation of its business.  He further acknowledged that without
such funds, the Debtor will not be able to pay its payroll and
other direct operating expenses and obtain goods and services
needed to carry on its business during this sensitive period in a
manner that will avoid irreparable harm to the Debtor's estate.

The Debtor's approved Monthly Budget provides for total operating
expenses in the amount of $40,002.

Compass Bank is granted valid, binding, enforceable, and perfected
liens co-extensive with Compass Bank's prepetition liens in all
currently-owned or later-acquired property and assets of the
Debtor.  Compass Bank is also granted first priority replacement
liens and security interests, having priority over all other
creditors, against the Debtor's accounts receivable originating
post-petition and any and all cash or other proceeds from those
receivables on a dollar-for-dollar basis for each dollar of
prepetition cash or accounts receivable used by the Debtor, to
secure all of the Secured Lender's allowed claims, including
postpetition interest and attorneys' fees.

Compass Bank was further granted an allowed super-priority
administrative expense claim, with priority in payment over any and
all administrative expenses, to the extent of any diminution in the
value of Compass Bank's interest in the collateral and cash
collateral.

The Debtor was directed to pay to Compass Bank each monthly
installment due and owing to Compass Bank in accordance with
Compass Bank's applicable loan documents.

A full-text copy of the Final Order, dated Dec. 5, 2016, is
available at
http://bankrupt.com/misc/SpectacularXInc2016_1652383cag_26.pdf

Compass Bank is represented by:

          John J. Kane, Esq.
          KANE RUSSELL COLEMAN & LOGAN PC
          3700 Thanksgiving Tower
          1601 Elm Street
          Dallas, TX 75201-7207
          Email: ecf@krcl.com

                  About SpectaculaRX, Inc.

SpectaculaRX, Inc., d/b/a Pearle Vision #8699, filed a chapter 11
petition (Bankr. W.D. Tex. Case No. 16-52383) on Oct. 19, 2016.  
The petition was signed by Virge Santiago, president.  The Debtor
is represented by Thomas Rice, Esq., at Pulman, Cappuccio, Pullen,
Benson & Jones, LLP.  The case is assigned to Judge Craig A.
Gargotta.  The Debtor disclosed total assets at $134,284 and total
liabilities at $223,475, as of Sept. 30, 2016.


STATEWIDE UTILITY: Hires Bisom Law Group as Counsel
---------------------------------------------------
Statewide Utility Construction, Inc., seeks authorization from the
U.S. Bankruptcy Court for the Central District of California to
employ the Bisom Law Group as general bankruptcy counsel.

The Debtor requires Bisom to administer its Chapter 11 bankruptcy
case, file documents necessary to satisfy requirements of the
United States Trustee, prepare its Chapter 11 Plan and Disclosure
Statement, defend potential adversary actions and conduct
negotiations with creditors.

The Debtor agreed to pay the Firm its hourly rate of $500 and paid
the Firm a retainer of $54,000.

Andrew S. Bisom, Esq., principal of The Bisom Law Group, assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

The Firm may be reached at:

     Andrew S. Bisom, Esq.
     The Bisom Law Group
     8001 Irvine Center Drive, Suite 1170
     Irvine, CA 92618
     Phone: 714.643.8900
     Fax: 714.643.8901
     E-mail: abisom@bisomlaw.com

            About Statewide Utility Construction

Statewide Utility Construction, Inc. filed a Chapter 11 bankruptcy
petition (Bankr. C.D.Cal. Case No. 16-18986) on October 7, 2016.
Andrew S. Bisom, Esq., at The Bisom Law Group serves as bankruptcy
counsel.

The Debtor's assets and liabilities are both below $1 million.


SUBMARINA INC: Creditor Plan Proposes To Pay $35,217 To Unsecureds
------------------------------------------------------------------
Creditor Kerensa Investment Fund 2, LLC, filed with the U.S.
Bankruptcy Court for the District of Nevada a joint disclosure
statement to the plan of reorganization for Submarina, Inc., and
Kerensa Investment Fund 1, LLC.

Holders of Class 3 General Unsecured Claims will receive a pro rata
distribution of $35,217.50, less payments made to Class 2, in cash
paid within 30 days of the Effective Date.  In addition, Unsecured
Creditors have the potential to receive a further distribution of
from the proceeds of the adversaries.  

The Debtor estimates that the amount of Class 3 Claims is $700,000.
Class 3 is impaired by the Plan.

Payments and distributions under the Plan will be funded by the
purchase agreement between and among SSC, Kerensa l, Submarina, and
Marie Zeller, by which SSC will purchase 100% of the equity of
Kerensa l in exchange for $312,200 paid from Sub Solutions Company,
LLC, to Kerensa 1, plus a promissory note, executed by Kerensa 1 in
favor of Ms. Zeller; guaranteed by Submarina; and secured by all
assets of both Kerensa 1 and Submarina; with a face value of
$300,000 and a maturity date three years from the Effective Date of
the Plan, which will be deemed satisfied in full if $100,000 is
collected within one year of the Effective Date of the Plan, or
$150,000 is collected within two years of the Effective Date of the
Plan.

Additional payments and distributions will be funded by the
assignment of the net proceeds of the adversaries to Kerensa & Co.,
with the exception of $35,217.50 collected from defendant JTJM
Inc.

Payments consisting of 8% of all royalties collected from Submarina
Franchisees will fund the Plan, the payments will be made until all
claims of the administrative professionals of the Debtors are 100%
satisfied.  Assuming the claims have not been paid in fill at the
end of 5 years, a balloon payment for the remaining amount will be
paid to this class.

The Plan also calls for distribution of net recoveries from the
adversaries in excess of $675,000, first to general administrative
creditors until the claims are fully satisfied, then to Class 1
claimants until the Zeller Promissory Note is fully satisfied, then
to Class 3 claimants until all the claims are satisfied.

The Disclosure Statement filed by Kerensa Investment Fund 2 is
available at:

           http://bankrupt.com/misc/nvb12-22097-541.pdf

The Plan was filed by Kerensa Investment Fund 2's counsel:

     Matthew R. Carlyon, Esq.
     MORRIS POLICH & PURDY LLP
     3800 Howard Hughes Parkway, Suite 500
     Las Vegas, NV 89169
     Tel: (702) 862-8300
     Fax: (702) 862-8400
     E-mail: mcarlyon@mpp1aw.com

As reported by the Troubled Company Reporter on Aug. 11, 2016, the
Debtor filed a Chapter 11 plan of reorganization that proposes to
pay general unsecured claims in full.  According to the First
Amended Disclosure Statement dated July 26, 2016, the Plan proposes
that Class 6 non-insider general unsecured creditors will be paid
in full, without interest, from the judgments collected from
franchisees, or will receive equal monthly installments of all
amounts collected from the judgments for a period of 120 months.

                      About Submarina Inc.

Submarina, Inc., is a food franchisor.  It sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. D. Nev. Case No.
12-22097) on Oct. 25, 2012.  The petition was signed by Bruce N.
Rosenthal, president and CEO.  

The Debtor is represented by Matthew L. Johnson, Esq., and Russell
G. Gubler, Esq., at Johnson & Gubler, P.C.

The case is assigned to Judge Mike K. Nakagawa.

At the time of the filing, the Debtor estimated its assets and
debts at $1,000,001 to $10,000,000.

Kerensa Investment Fund 1, LLC (Bankr. D. Nev. Case No. 11-24352)
is an investment entity whose only asset of value is the ownership
of 2,198,958 shares of Submarina stock.  

The cases are jointly administered under Submarina.


SUNOPTA FOODS: S&P Assigns 'CCC+' Rating on US$231MM Sr. Notes
--------------------------------------------------------------
S&P Global Ratings said it assigned its 'CCC+' issue-level rating
and '5' recovery rating to SunOpta Foods Inc.'s (a subsidiary of
SunOpta Inc.; B-/Negative/--) US$231 million senior secured notes.
The '5' recovery rating indicates its expectation for modest
(10%-30%; lower end of the range) recovery for lenders in the event
of default.

The proceeds from the notes, along with an US$85 million preferred
share issuance, were used to repay the initial US$310 million term
loan.  The notes will mature Oct. 9, 2022, and are guaranteed on a
senior secured second-priority basis by SunOpta Inc. and each of
its subsidiaries that guarantee the global credit facility.

Although the reduction in debt modestly improves some of S&P's
credit metrics, it believes SunOpta's EBITDA margins and cash flows
will remain pressured due to significant expenses relating to the
sunflower kernel recall, along with higher restructuring costs
associated with management's value-creation plan.  In addition,
there is significant risk that total liability claims from
customers related to the sunflower kernel recall could exceed
SunOpta's maximum insurance coverage and negatively affect cash
flows and liquidity.  The outlook on SunOpta remains negative to
reflect weak credit metrics owning to a high debt burden and low
earnings, along with limited cash flow visibility that could lead
to a material liquidity deficit.

                         RECOVERY ANALYSIS

Key recovery factors:

   -- S&P believes that SunOpta would reorganize in the event of a

      default and value the company on a going-concern basis using

      a 5.5x multiple of S&P's projected emergence EBITDA.

   -- S&P's simulated default scenario contemplates a default in
      2018, at which point SunOpta can no longer fund its fixed
      charge obligations and has exhausted available liquidity.  
      S&P's emergence EBITDA at default of US$49 million relates
      to S&P's expectation of SunOpta's fixed charges including
      interest and minimum capital expenditures.  S&P assumes the
      company's US$350 million asset-based lending facility is
      drawn 60% at default.

   -- S&P believes the US$231 million senior secured notes lenders

      could expect modest (10%-30%) recovery in S&P's default
      scenario, which corresponds with a '5' recovery rating and a

      'CCC+' issue level rating (one notch below the long-term
      corporate rating on the company).

Simulated default assumptions:

   -- Simulated year of default: 2018
   -- EBITDA at emergence US$48.8 million
   -- EBITDA multiple: 5.5x

Simplified waterfall:

   -- Net enterprise value (after 5% administrative charges):
      US$255 million
   -- Priority claims: US$219 million
   -- Senior secured notes: US$243 million
      -- Recovery expectation: 10%-30% (lower half of the range)

RATINGS LIST

SunOpta Inc.
Corporate credit rating             B-/Negative/--

Ratings Assigned
SunOpta Foods Inc.
US$231 mil. senior secured notes   CCC+
  Recovery rating                   5L


TALEN ENERGY: Moody's Cuts Corporate Family Rating to B1
--------------------------------------------------------
Moody's Investors Service downgraded Talen Energy Supply, LLC's
(Talen) corporate family rating (CFR) to B1 from Ba3 following the
closing of its merger with an affiliate of Riverstone Holdings LLC
(Riverstone, not rated). Concurrently, Moody's downgraded Talen's
senior secured revolving credit facility to Ba1 from Baa3, its
senior unsecured, unguaranteed obligations to B3 from B1 and
upgraded its newly guaranteed senior unsecured obligations to Ba3
from B1. The rating outlook is stable.

Today's action concludes a Moody's ratings review that began in
June 2016 following an announced plan for Riverstone to utilize
essentially all of Talen's balance sheet cash to acquire the 65% of
the company it did not already own. Total consideration for the
transaction of around $1.3 billion was funded through a combination
of unrestricted cash and a portion of proceeds from a newly issued
$600 million senior secured term loan.

RATINGS RATIONALE

Talen's B1 CFR reflects its post-merger capital structure, which
includes a cash balance of approximately $100 million reduced from
over a $1 billion, and a consolidated funded debt level that is
about 15% higher than envisioned prior to the merger announcement.
Based on current market conditions for merchant power companies, we
anticipate Talen's key cash flow to debt metric, the ratio of cash
from operations excluding changes in working capital (CFO pre-W/C)
to total adjusted debt, will remain near 10%, a level commensurate
with the "B" scoring ranges in our rating methodology for
unregulated power companies.

"Given the commodity price environment and Talen's current leverage
position, we also estimate that over the near to medium term,
Talen's ratio of funded debt to EBITDA will be around 6x. In
addition, we anticipate cash flow from operations after payments
for maintenance capital expenditures and nuclear fuel will be under
5% and below that of other independent merchant generating peers
such as NRG Energy, Inc. (Ba3 stable) and Calpine Corporation (Ba3
stable)." Moody's said.

Updated capital structure and impact of subsidiary guarantees

In conjunction with the merger closing, Talen's first lien
revolving credit facility was reduced to $1.4 billion from $1.85
billion and the subsidiaries guaranteeing the facility (which
exclude the MACH Gen, LLC entities) now also guarantee Talen's $600
million 6.5% notes due 2025, as well as about $230 million of
outstanding Pennsylvania Economic Development Financing Authority
revenue bonds. Moody's views the guaranteed debt as having a higher
priority of payment, and better recovery prospects, vis-a-vis the
remaining unsecured obligations in the event of a potential
bankruptcy, and rank them accordingly in the liability waterfall
used in our loss given default framework. As a result, ratings of
the guaranteed debt have been upgraded to Ba3 from B1 and the
ratings of the unsecured, unguaranteed bonds have been downgraded
two notches to B3 from B1.

Liquidity

Although Talen no longer has the benefit of over $1 billion of
unrestricted cash, the company's liquidity position remains
adequate. "As of year-end 2016, the company expects to have about
$100 million of cash on its balance sheet and we expect it to
remain free cash flow neutral to slightly positive over the next
12-18 months." Moody's said. Talen's external sources of liquidity
include its $1.4 billion secured revolving agreement (terminating
June 2020), which remains sufficient to cover potential cash flow
shortfalls and upcoming maturities. Talen's current capital program
does not require extensive use of its credit facilities; however,
the company is still evaluating additional projects, such as a coal
plant co-firing, and gas plant optimizations that could require
additional capital.

As of September 30, 2016, Talen's revolving credit facility usage
included $350 million that was drawn to repay debt that matured in
May, and approximately $195 million of letters of credit. The
revolving credit facility loans will be repaid with proceeds of
Talen's new $600 million secured term loan. Talen's $1.3 billion
secured trading facility remains in place and can used to satisfy
collateral posting needs, as of September 30th approximately $22
million was utilized. Talen's nearest long-term debt maturity is
$400 million of notes due May 2018. In July of 2019, another $1.2
billion of debt obligations become due.

Rating Outlook

The stable outlook considers the company's updated capital
structure and its ongoing cost savings efforts. The outlook
reflects Moody's expectation that over the near to medium term
Talen will demonstrate cash flow credit metrics that are
appropriate for the B1 CFR. "For example, we expect a ratio of CFO
pre-W/C to debt in the range of 10% and we expect the company to
remain free cash flow neutral to slightly positive." Moody's said.

Factors that Could Lead to an Upgrade

In view of the recent merger, and Talen's shift away from balance
sheet strengthening efforts, it is not likely the corporate family
rating would move upward over the next 12-18 months. Longer term,
if the ratio of CFO pre-W/C to debt were to be maintained in the
mid-teens, there could be upward pressure on the rating.

Factors that Could Lead to a Downgrade

If there were to be an increase in leverage, operational
challenges, or declines in commodity prices such that we would
expect the ratio of CFO pre-W/C to debt to remain below 7%, or the
company to remain free cash flow negative, there could be downward
pressure on the rating. An increase in senior secured first lien
debt would likely put downward pressure on the Ba3 ratings of the
senior unsecured guaranteed debt obligations.

Downgrades:

   Issuer: Talen Energy Supply, LLC

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

   -- Corporate Family Rating, Downgraded to B1 from Ba3

   -- Senior Secured Revolving Credit Facility, Downgraded to Ba1
      (LGD2) from Baa3 (LGD1)

   -- Senior Unsecured Regular Bond/Debenture, Downgraded to B3
      (LGD5) from B1 (LGD4)

Upgrades:

   Issuer: Pennsylvania Economic Dev. Fin. Auth.

   -- Backed Senior Unsecured Revenue Bonds, Upgraded to Ba3
      (LGD3) from B1 (LGD4)

   Issuer: Talen Energy Supply, LLC

   -- Backed Senior Unsecured Regular Bond/Debenture, Upgraded to
      Ba3 (LGD3) from B1 (LGD4)

Outlook Actions:

   Issuer: Talen Energy Supply, LLC

   -- Outlook, Changed To Stable From Rating Under Review

Affirmations:

   Issuer: Talen Energy Supply, LLC

   -- Speculative Grade Liquidity Rating, Affirmed SGL-2

   -- Senior Secured Term Loan B, Affirmed Ba1 (LGD2)

The principal methodology used in these ratings was Unregulated
Utilities and Unregulated Power Companies published in October
2014.

Talen is an independent power producer with about 16 GW of
generating capacity. Talen Energy Corporation, headquartered in
Allentown, PA, is a privately owned holding company that owns 100%
of Talen and conducts all its business activities through Talen.


TAR HEEL OIL: Trustee Seeks to Hire Northen Blue as Legal Counsel
-----------------------------------------------------------------
The Chapter 11 trustee for Tar Heel Oil II, Inc. and Gambill Oil,
LLC seeks court approval to hire legal counsel in connection with
the companies' Chapter 11 cases.

In a filing with the U.S. Bankruptcy Court for the Middle District
of North Carolina, John Paul Cournoyer proposes to hire Northen
Blue, LLP to give legal advice regarding his duties under the
Bankruptcy Code, assist in evaluating the means by which assets of
the bankruptcy estate can generate cash for payment of claims, and
provide other legal services.

Northen Blue does not represent or hold any interest adverse to
that of the bankruptcy estate, according to court filings.

The firm can be reached through:

     John A. Northen, Esq.
     Vicki L. Parrott, Esq.
     P.O. Box 2208
     Chapel Hill, NC 27515-2208
     Tel: 919-968-4441
     Email: jan@nbfirm.com
     Email: vlp@nbfirm.com

                       About Tar Heel Oil

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.

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.

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.

On November 4, 2016, the court appointed John Paul Cournoyer as
Chapter 11 trustee for the Debtors.


TERENCE SCOTT HIGDON: PLan Confirmation Hearing on Feb. 1
---------------------------------------------------------
Judge Jerry A. Funk of the U.S. Bankruptcy Court for the Middle
District of Florida approved Terence Scott Higdon's disclosure
statement and accompanying plan of reorganization, dated Aug. 30,
2016.

Jan. 18, 2017, is fixed as the last day for filing written
acceptances or rejections of the Plan.

A confirmation hearing will be held on Feb. 1, 2017 at 10:00 A.M.

Any objections to confirmation will be filed and served 7 days
before the date set forth and will be governed by Fed. R. Bank. P.
9014.

The Chapter 11 case is In re Terence Scott Higdon, also known as
Terence S. Higdon (Bankr. M.D. Fla. Case No. 15-02506).


TEXAS STUDENT: S&P Puts Revenue Bonds' 'B' Rating on Watch Neg.
---------------------------------------------------------------
S&P Global Ratings placed its 'B' long-term rating on Texas Student
Housing Corp.'s series 2001A student housing revenue bonds on
CreditWatch with negative implications.

"This action follows our repeated attempts to obtain timely
information of satisfactory quality to maintain our rating on the
securities in accordance with our applicable criteria and
policies," said S&P Global Ratings credit analyst Luke Gildner.
Failure to receive the requested information by Dec. 30, 2016, will
likely result in S&P's withdrawal of the affected rating, preceded,
in accordance with its policies, by any change to the rating that
S&P considers appropriate given available information.



TK HOLDINGS: Hires Thomas F. Quinn as Bankruptcy Counsel
--------------------------------------------------------
TK Holdings, Ltd., and its debtor-affiliates seek permission from
the U.S. Bankruptcy Court for the District of Colorado to employ
the law firm of Thomas F. Quinn PC as attorney.

The Debtors require the Law Firm to:

      a. assist the Debtors in the preparation and filing of
required statements, schedules and other documents and pleadings
required or permitted under the Bankruptcy Code and Rules;

      b. advise the Debtors regarding their rights and obligations
as Debtors and as a Debtors-in-Possession;

      c. represent the Debtors in hearings, meetings, conferences,
and trials of contested matters and adversary proceedings brought
by or against the Debtors, or any of them;

      d. advise the Debtors regarding the formulation of a plan of
reorganization, negotiation of the terms of the plan of
reorganization with creditors and other interested persons, and to
draft one or more plans of reorganization, and disclosure
statements regarding such plans;

      e. assist the Debtors in obtaining confirmation of a plan of
reorganization; and

      f. advise and represent the Debtors as their attorney in such
business negotiations and disputes as may arise in connection with
the operations of the assets of the bankruptcy estate.

The Law Firm will be paid at the rate of $250 per hour,

The Debtors have paid the Law Firm the sum of $8,000 for
pre-petition services.

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

Thomas F. Quinn, proprietor of Thomas F. Quinn P.C., assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

The Law Firm may be reached at:

     Thomas F. Quinn, Esq.
     Thomas F. Quinn P.C.
     303 East 17th Avenue, Suite 2350
     Denver, CO 80203
     Telephone: (303)832-4355
     Facsimile: (303)672-8281
     Email: tquinn@tfqlaw.com

                 About TK Holdings, Ltd.

TK Holdings, Ltd. filed a Chapter 11 bankruptcy petition (Bankr.
D.Colo. Case No. 16-21012) on November.  Thomas F. Quinn serves as
bankruptcy counsel.

The Debtors' assets and liabilities are both below $1 million.


TLC HEALTH: No Decline in the Medical Care, 17th PCO Report Says
----------------------------------------------------------------
Linda Scharf, RN, DNS, the Patient Care Ombudsman for TLC Health
Care Network, has filed a Seventeenth Report for the period
September 15, 2016 to November 15, 2016.

The Ombudsman reported that there was no decline in the medical
care.  The Ombudsman also said she continuously receive positive
statements by the patients commenting on the Debtor's quality of
care.

Further, the Ombudsman noted that while the Debtor continues to
adapt and make operational changes, the facility continues to
concentrate on the needs of its patients.

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

        http://bankrupt.com/misc/nywb13-13294-1268.pdf

                About TLC Health Network

TLC Health Network filed a Chapter 11 petition (Bankr. W.D.N.Y.
Case No. 13-13294) on Dec. 16, 2013.  The petition was signed by
Timothy Cooper as Chairman of the Board. The Debtor estimated
assets of at least $10 million and debt of at least $1 million.
Jeffrey A. Dove, Esq., at Menter, Rudin & Trivelpiece, P.C., serves
as the Debtor's counsel. Damon & Morey LLP is the Debtor's special
health care law and corporate counsel. The Bonadio Group is the
Debtor's accountants.  Howard P. Schultz & Associates, LLC is the
Debtor's appraiser.

The case is assigned to the Hon. Carl L. Bucki.

A three-member panel composed of Cannon Design, Chautauqua
Opportunities, Inc., and Jamestown Rehab Services has been
appointed as the official unsecured creditors committee. Bond,
Schoeneck & King, PLLC is the counsel to the Committee. The
Committee has tapped NextPoint LLC as financial advisor.


UROTECH INC: Hires Homel Mercado as Attorney
--------------------------------------------
UROTECH Inc., seeks authorization from the U.S. Bankruptcy Court
for the District of Puerto Rico to employ Homel Mercado Justiniano
as attorney.

The Debtor requires Homel Mercado to:

      a. examine the documents of the debtor and other necessary
information to submit the Schedules and the Statement of Financial
Affairs;

      b. prepare the Disclosure Statement, Plan of Reorganization,
records and reports as required by the Bankruptcy Code and the
Federal Rules of Bankruptcy Procedure.

      c. prepare applications and proposed orders to be submitted
to the Court;

      d. identify and prosecute claims and causes of action assert
able by the debtor-in-possession on behalf of the estate herein;

      e. examine proofs of claim filed and file the case herein and
object to certain of such claims;

      f. advise the debtor-in-possession and prepare documents in
connection with the ongoing operation of the Debtor's business;

      g. advise the debtor-in-possession and prepare documents in
connection with the liquidation of the assets of the estate, if
needed, including analysis and collection of outstanding
receivables;

       h. assist and advise the debtor-in-possession in the
discharge of any and all the duties imposed by the applicable
dispositions of the Bankruptcy Code and the Federal Rules of
Bankruptcy Procedure.

Homel Mercado will be paid at these hourly rates:

       Homel Mercado Justiniano, Esq.      $225
       Associates                          $125  
       Paralegal                            $50

Homel Mercado received from the Debtor the amount of $15,000.00 for
services to be rendered in connection with the litigation of all
related matters in the case.

Homel Mercado Justiniano, Esq., assured the Court that he is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtor and its estates.

Homel Mercado may be reached at:

     Homel A. Mercado-Justiniano, Esq.
     Calle Ramirez Silva, Esq.
     Ensanche Martinez, Esq.
     HOMEL MERCADO JUSTINIANO
     Mayaguez, PR 00680-4714
     Tel: (787) 831-2577/ 805-2945
     Faz: (787) 805-7350
     Cel: (787) 364-3188
     Email: hmjlaw2@gmail.com

                 About Urotech Inc.

Urotech Inc. filed a Chapter 11 bankruptcy petition (Bankr. D.P.R.
Case No. 16-09225) on November 21, 2016.  Homel Mercado Justiniano,
Esq. serves as bankruptcy counsel.  

The Debtor's assets and liabilities are both below $1 million.


US CONCRETE: Moody's Hikes Corporate Family Rating to B1
--------------------------------------------------------
Moody's Investors Service upgraded the Corporate Family Rating of
U.S. Concrete, Inc. to B1 from B2. At the same time, Moody's
upgraded the Probability of Default Rating to B1-PD from B2-PD and
senior unsecured notes to B2 from B3. The Speculative Grade
Liquidity rating was affirmed at SGL-2. The rating outlook was
revised to stable from positive.

The following rating actions were taken:

   -- Corporate Family Rating, upgraded to B1 from B2;

   -- Probability of Default Rating, upgraded to B1-PD from B2-PD;

   -- $400 million senior unsecured notes due 2024, upgraded to
      B2, LGD4 from B3, LGD4;

   -- Speculative Grade Liquidity rating, affirmed at SGL-2;

   -- The rating outlook was revised to stable from positive.

RATINGS RATIONALE

The rating upgrades reflect U.S. Concrete's growth in size and
scale and improving credit metrics. Adjusted debt-to-EBITDA is
expected to be less than 3.0x by year-end 2017, which accounts for
the full-year benefit of its 2016 acquisitions following the
company's $400 million senior notes offering in June. "Adjusted
debt-to-EBITDA has been declining since year-end 2013 when this
metric was 5.2x. Going forward, we expect U.S. Concrete to maintain
adjusted debt-to-EBITDA below 3.5x even as the company executes its
growth strategy." Moody's said. The company's leading position
within its served regions as well as the positive momentum in the
building materials industry also support the upgrades.

The stable outlook reflects our expectation that key credit
metrics, including U.S. Concrete's operating margin and earnings,
will continue to improve as prices, sales volume and private
construction market activity expand. For the trailing twelve months
ended September 30, 2016, adjusted operating margin was 8.0%.
Adjusted operating margin is expected to be approximately 10.0% by
year-end 2017.

The B1 CFR is supported by U.S. Concrete's growing revenue base,
strong market position within its served regions, long standing
customer relationships, improving operating margin, strong
EBIT-to-average assets, moderate adjusted debt-to-EBITDA, and free
cash flow generation. Currently, fundamentals are solid in the
private non-residential commercial segment, which represents
approximately 57% of total 2015 revenue, as well as the private
residential market segment, which represents approximately 28% of
total 2015 revenue. The ratings reflect the company's exposure to
volatile construction end markets, high adjusted debt-to-book
capitalization and acquisitive nature. The ratings also reflect the
company's limited product diversity, where the ready-mixed concrete
segment represents approximately 91% of revenue for the trailing
twelve months ended September 30, 2016, as well as regional
concentrations where Texas, New York/New Jersey, and northern
California account for approximately 37%, 34% and 24% of revenue,
respectively. Additionally, the ratings incorporate the company's
growth in aggregates, the competitive nature of the building
materials industry, exposure to input cost inflation, and high
fragmentation of the industry.

U.S. Concrete's ratings could be upgraded if adjusted
debt-to-EBITDA is maintained closer to 2.5x even as the company
executes its growth strategy, adjusted EBIT to interest coverage is
sustained above 3.0x, and adjusted operating margin is above 12%.
In addition, revenue would need to grow beyond $2 billion, and the
company would need to achieve wider geographic reach as well as
greater product diversification. Factors that would also support an
upgrade include very strong liquidity and the expectation private
construction end markets remain, at a minimum, stable.

Alternatively, Moody's stated that ratings could be downgraded
should adjusted operating margins decline below 7.0%, adjusted
EBIT-to-interest fall below 2.5x, or adjusted debt-to-EBITDA exceed
3.5x. This could result from decreased construction spending,
economic weakness or an aggressive acquisition strategy. Ratings
could also be downgraded if liquidity deteriorates or the company
engages in a material increase in shareholder friendly activities.

The principal methodology used in these ratings was "Building
Materials Industry" published in September 2014.

U.S. Concrete Inc. [NASDAQ: USCR], headquartered in Euless Texas,
operates with two primary segments: ready-mixed concrete and
aggregate products. The company is one of the leading producers of
ready-mixed concrete in north and west Texas, northern California,
New Jersey, New York, Washington DC, Oklahoma and, recently, the
U.S. Virgin Islands. The company has 154 standard ready-mixed
concrete plants, 16 volumetric ready-mixed concrete facilities, and
15 producing aggregates facilities. For the trailing twelve months
ended September 30, 2016, the company generated approximately $1.1
billion in revenue.



VAPOR CORP: Intends to Repurchase Outstanding Series A Warrants
---------------------------------------------------------------
Vapor Corp. intends to conduct a tender offer to purchase up to
approximately 32 million of its outstanding Series A Warrants at a
purchase price of $0.22 per warrant, in cash, without interest, for
an aggregate purchase price to be paid by the Company of up to
approximately $7.1 million.

Vapor has approximately 59 million outstanding Series A Warrants.
The number of Series A Warrants that Vapor will be offering to
purchase is approximately 54 percent of its outstanding Series A
Warrants.  The Series A Warrants are not listed for trading on any
market.  All of these figures with respect to the Series A Warrants
do not give effect to the two reverse splits of the Company common
stock in 2016.

The tender offer will not be conditioned on any minimum number of
Series A Warrants being tendered.  However, the tender offer is
subject to certain other conditions.

Each outstanding Series A Warrant currently represents the right to
(1) effect a cashless exercise permitting the holder to receive
shares of Company common stock under a formula set forth in the
Series A Warrants or (2) purchase one share of common stock for
$1.24 per share in a cash exercise.  Currently, under the formula
for a cashless exercise, each Series A Warrant represents the right
to receive approximately 10,849 shares of common stock.   

The Company expects to commence the tender offer following the
filing of Tender Offer Statement on Schedule TO with the Securities
and Exchange Commission setting forth the terms of the tender
offer.

                      About Vapor Corp

Vapor Corp. operates 20 vape stores in the Southeastern United
States and online where it sells vaporizers, liquids for vaporizers
and e-cigarettes.  The Company also designs, markets and
distributes electronic cigarettes, vaporizers, e-liquids and
accessories under the Vapor X, Hookah Stix, Vaporin, Krave, and
Honey Stick brands.  "Electronic cigarettes" or "e-cigarettes," and
"vaporizers" are battery-powered products that enable users to
inhale nicotine vapor without fire, smoke, tar, ash, or carbon
monoxide.  The Company also designs and develops private label
brands for its distribution customers.  Third party manufacturers
manufacture the Compoany's products to meet its design
specifications.  The Company markets its products as alternatives
to traditional tobacco cigarettes and cigars.  In 2014, as a
response to market product demand changes, Vapor began to shift its
primary focus from electronic cigarettes to vaporizers.

Vapor Corp reported a net loss allocable to common shareholders of
$36.26 million in 2015 following a net loss allocable to common
shareholders of $13.85 million in 2014.

As of Sept. 30, 2016, Vapor Corp. had $20.76 million in total
assets, $48.72 million in total liabilities and a total
stockholders' deficit of $27.95 million.
  
Marcum LLP, in New York, NY, issued a "going concern" qualification
on the consolidated financial statements for the year ended Dec.
31, 2015, citing that Company has incurred net losses and needs to
raise additional funds to meet its obligations and sustain its
operations.  In addition, the Company currently does not have
enough authorized common shares to settle all of its outstanding
warrants if those warrants were exercised pursuant to their
cashless exercise provisions.  As a result, the Company could be
required to settle a portion of these warrants with cash. These
conditions raise substantial doubt about the Company's ability to
continue as a going concern.


VEGA ALTA: U.S. Trustee Directed to Appoint PCO
-----------------------------------------------
Judge Mildred Caban Flores of the U.S. Bankruptcy Court for the
District of Puerto Rico entered an Order on November 29, 2016,
directing the U.S. Trustee to appoint a Patient Care Ombudsman for
Vega Alta Community Health, Inc.

Judge Flores noted that the Order is due on December 20, 2016,
unless the U.S. Trustee and/or the debtor in possession inform the
court in writing, within 21 days, why the appointment of an
ombudsman is not necessary for the protection of the patients.

       About Vega Alta

Vega Alta Community Health, Inc., based in Catano, PR, filed a
Chapter 11 petition (Bankr. D.P.R. Case No. 16-08128) on October
11, 2016. Jaime Rodriguez Perez, at Jaime Rodriguez Law Office,
PSC, serves as bankruptcy counsel. In its petition, the Debtor
listed $25,582 in assets and $1.47 million in liabilities. The
petition was signed by Luis M Gonzalez Bermudez, president.


VOICEPULSE INC: Seeks to Hire Bederson as Valuation Expert
----------------------------------------------------------
VoicePulse, Inc. seeks approval from the U.S. Bankruptcy Court for
the District of New Jersey to hire a valuation expert.

The Debtor proposes to hire Bederson LLP to provide valuation
services for its business.  The hourly rates charged by the firm
are:

     Partners          $380 - $435             
     Managers                 $320
     Supervisors              $260
     Senior Accountants       $250
     Semi Sr. Accountants     $210
     Staff Accountants        $175
     Paraprofessional         $160

Timothy King, a certified public accountant employed with Bederson,
disclosed in a court filing that his firm is "disinterested" as
defined in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Timothy J. King
     Bederson LLP
     347 Mt. Pleasant Avenue
     West Orange, NJ 07052

                      About VoicePulse Inc.

VoicePulse Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D.N.J. Case No. 16-25075) on August 5,
2016.  The petition was signed by Ravi Sakaria, president.  The
Debtor is represented by Trenk, DiPasquale, Della Fera & Sodono,
PC.

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

Since April 2003, VoicePulse, Inc. has provided hosted phone
services to wholesale and business customers, as well consumer
customers. Ravi Sakaria is the president and sole shareholder.
VoicePulse is located at 1095 Cranbury South River Road, Unit 16,
Jamesburg, New Jersey.


WG PARTNERS: S&P Assigns 'BB' Rating on $245MM Sr. Sec. Term Loan
-----------------------------------------------------------------
S&P Global Ratings said that it assigned its 'BB' issue-level
rating and '1' recovery rating to WG Partners Acquisition LLC's
$245 million senior secured term loan B due 2023, $45 million LC
facility due 2023, and $15 million revolver due 2021.  The outlook
is stable.  The '1' recovery rating indicates S&P's expectation of
very high (90%-100%) recovery of principal in the event of a
payment default.

WG Partners Acquisition LLC has entered into a purchase and sale
agreement with FREIF NAP I Holdings II LLC (owned by First Reserve)
for the purchase of a portfolio of 13 electric generation assets
located throughout the U.S. and in Trinidad and Tobago with total
generation capacity of 1,521 MW.  The project is owned by a joint
venture of funds managed by Harbert Management Corp. (51%), UBS
Asset Management (32%), and Northwestern Mutual (17%).  The credit
facilities and about $280 million of equity were used to support
the purchase of the assets, pay down the existing term loan B and
the project-level debt at Trinity (one of the assets), fund a
liquidity reserve account, and pay for transaction costs. The term
loan will be repaid over time through minimal mandatory
amortization and a cash flow sweep amounting to 50% of excess cash
flow or an amount sufficient to meet specific target debt balances,
whichever is greater.

The portfolio includes these:

   -- Hobbs (Lea Power Partners LLC; BBB-/Stable), a 604-MW
      combined-cycle gas turbine facility in Texas;

   -- Borger Energy Associates L.P./Borger Funding Corps.
      (B-/Stable), a 230-MW gas-fired cogeneration facility in
      Texas;

   -- Waterside, a 72-MW oil-fueled peaking facility in
      Connecticut;

   -- "Five Brothers," five gas-fired cogeneration peaking plants
      in California (Badger Creek, Bear Mountain, Chalk Cliff,
      Live Oak, and McKittrick) totaling 230 MW;

   -- "Three Sisters," three gas-fired cogeneration peaking
      facilities in California (Double C, Kern Front, and High
      Sierra) totaling 141 MW;

   -- Corona, a 47-MW gas-fired cogeneration facility in
      California (40% of which is owned by WG Partners Acquisition

      LLC); and

   -- Trinity, a 225-MW simple-cycle power plant located in
      Trinidad and Tobago.

The portfolio is diversified in terms of power market, technology,
and dispatch profile, and the underlying assets have long operating
histories, which S&P views as favorable from a credit perspective.
The Hobbs and Trinity plants are expected to be the main
contributors of cash flows to the project, with long-term tolling
agreements extending to 2033 and 2029, respectively--well beyond
the debt maturity of the holding company.

Hobbs, Borger, Waterside, and Three Sisters are the only operating
projects that hold debt (the debt at Trinity will be paid off as
part of the acquisition).  Approximately $340 million of operating
company debt will remain upon financial close.  Debt at WG Partners
Acquisition LLC is reliant on residual cash flow distributions
subject to a lock-up test of 1.2x for these leveraged subsidiaries.
WG Partners is exposed to refinancing risk when the term loan B
matures in 2023, at which point S&P expects about $153 million to
be outstanding.

The rating reflects S&P's opinion of these strengths:

   -- The generation assets have long-dated revenue contracts with

      highly rated off-takers, which substantially mitigate market

      risk exposure and support stable cash flows through fixed-
      rate capacity payments, energy payments linked to fuel
      costs, and tolling revenues with no fuel obligation.  The
      weighted average life (by net capacity) of the off-take
      contracts is about 11 years.

   -- The project benefits from having multiple independent assets

      with performance and market risks that are not highly
      correlated with one another.  The portfolio consists of 13
      different assets with multiple off-takers, thereby reducing
      the likelihood of underperformance if a single asset breaks
      down.

   -- The portfolio faces minimal resource risk.  The assets are
      located in deep markets with highly efficient fuel transport

      and supply.  Moreover, the majority of the portfolio is
      assets with tolling contracts, where the off-taker is
      required to supply and cover the cost of fuel.  The
      geographic diversity also mitigates the risk that the
      portfolio's supply could be interrupted for a meaningful
      period of time.

The rating reflects S&P's opinion of these weaknesses:

   -- The project is exposed to re-contracting risk, as some of
      the current off-take agreements will expire before the debt
      term, exposing the project to merchant power pricing
      dynamics.

   -- The project is exposed to refinancing risk, as the term loan

      B is subject to minimum mandatory principal amortization,
      and a significant amount will be outstanding at debt
      maturity.  In addition, due to the debt structure with
      minimal amortization payments, there is material dependence
      on the cash flow sweep mechanism to repay debt under S&P's
      base case.

Operations Phase Stand-Alone Credit Profile (SACP): 'bb'

   -- S&P assigned an initial asset class stability score of '5'.
      This is typical for underlying generation assets of this
      nature, which include a mixture of peaking cogeneration
      facilities, combined cycle gas turbines, peaking diesel
      plants, and base-load cogeneration plants.  The assets have
      fairly complex electrical and mechanical engineering aspects

      and require specialty equipment.

   -- S&P assess the project's resource risk as 'modest'.  
      Resource availability is expected to be high based on
      contracts with credible counterparties and connectivity to
      deep and mature supply markets with limited risk of supply
      interruption.  The plants have not had issues receiving fuel

      in the past.

   -- The project has 'very low' market risk, as indicated by cash

      flow volatility of 5%-15% from S&P's base case to its market

      downside case.  The lower range-bound volatility is the
      primary driver of the project's lower operations phase
      business assessment (OPBA).

   -- In S&P's analysis, it focuses primarily on consolidated
      DSCRs (including all the debt and cash flows throughout the
      project's structure), given that the project has unfettered
      access to the cash flows of the unleveraged assets (Five
      Brothers, Corona, and Trinity) and there are cross-default
      provisions between debt at the WG Partners Acquisition level

      (holding-company debt) and project-level debt (at Hobbs).
      While the projects financial covenants are based on holding-
      company-level cash flow available for debt service and debt
      service levels, from a practical perspective, the
      consolidated DSCRs were the constraining credit drivers.

   -- Under S&P's base case, it projects DSCRs at 1.26x or better
      under a consolidated basis, with an average of 2.35x.  This
      supports a preliminary operations phase stand-alone credit
      profile of 'bb-'.

   -- The project demonstrates resiliency on the downside case
      commensurate with a 'bbb' category level, surviving the
      downside stresses for five years without depleting liquidity

      reserves, which provides one notch of uplift to 'bb'.

   -- The project receives one notch of uplift for an average DSCR

      that maps to a higher-category rating.  S&P removes one
      notch for a capital structure that is materially dependent
      on cash flow sweeps to reduce debt in S&P's base case.  This

      results in an adjusted SACP of 'bb'.

   -- Under S&P's base-case assumptions, it forecasts about
      $153 million of debt outstanding when the term loan B
      matures in 2023.  Under S&P's base case, the project repays
      about 40% of the initial debt balance.  At that point, S&P
      assumes the expected debt balance is refinanced into a fully

      amortizing structure.

   -- S&P assess the project's asset coverage at the point of
      maturity as 'low' due to the dependence on cash flows
      sweeps, which results in a refinance risk rating cap of
      'bb+'.

   -- With no further adjustments, the resultant operations phase
      SACP is 'bb'.

Transaction structure
Parent linkage: De-Linked
Structural protection: Neutral

S&P Global Ratings' Operations Phase Base-Case And Downside Case
Assumptions

Base case assumptions

   -- Availability factors in line with management forecast,
      viewed by independent engineer and consistent with
      historical performance;

   -- Capacity factors in line with management forecast, viewed by

      independent engineer and consistent with historical
      performance;

   -- Heat rate in line with management forecast, viewed by
      independent engineer and consistent with historical
      performance;

   -- O&M and major maintenance spending in line with management
      forecast, viewed by independent engineer and consistent with

      historical performance;

   -- Natural gas prices as per S&P Global Ratings' forecast at
      $2.50 per mmBtu in 2016, $2.75 in 2017, $3.00 in 2018, and
      $3.00 in 2019, increased with inflation thereafter;

   -- Merchant capacity prices as per S&P Global Ratings' forecast

      for centralized capacity markets;

   -- Merchant energy prices as per forward power prices in
      California at SP15 hub;

   -- Inflation of 2%; and

   -- Refinancing all-in interest rate of 5.75%.

Base case key metrics

   -- Minimum DSCR: 1.26x(consolidated)
   -- Average DSRC: 2.35x (consolidated)

Downside case assumptions

   -- Availability that is 6% below our base case;
   -- Annual degradation that is 3% above our base case;
   -- 12% increase in O&M and major maintenance costs;
   -- Natural gas prices in line with S&P Global Ratings' forecast

      of $2.00 per mmBTu held flat through the debt term;
   -- Merchant power prices in line with S&P Global Ratings'
      forecast at $5/kw-mo in centralized capacity markets, a 10%
      haircut from S&P's base case for plants operating in non-
      centralized capacity markets;
   -- Inflation that is 1% above our base case for the first five
      years; and
   -- Refinancing all-in interest rate of 12%.

Downside case key metrics

   -- Minimum DSCR: 0.67x(consolidated)
   -- Average DSCR: 1.08x consolidated)

S&P assess the project's liquidity as neutral, as it expects the
project will have sufficient cash sources to cover forecasted debt
service payments over the next 12 months by at least 1.0x.  The
project has a six-month debt service reserve account amounting to
about $7.9 million funded by the LC facility, which has a total
availability of $45 million.  The project will also enter into a
$15 million revolving working capital facility.

The stable outlook reflects S&P's view that the project will
generate cash flows in line with its base case forecast and that
the DSCR will remain above 1.26x.  This is based on S&P's
expectation of satisfactory operational performance and continued
cash flow stability due to the contracted nature of the portfolio's
assets.

S&P could lower the rating if the minimum DSCR falls below 1.2x on
a sustained basis.  Other factors that could trigger a downgrade
include severe operating issues leading to higher-than-expected
operations and maintenance costs and forced outage rates, a
deterioration in thermal efficiency, or a significant depression in
power prices during the portfolio's merchant period.

S&P does not foresee an upgrade in the near term due to the limited
upside and opportunities for outperformance.  S&P could raise the
rating if the project's DSR improves significantly to above 1.4x on
a sustained basis.  Given the covenant and sweep mechanisms, S&P do
not believe the sponsors intend to manage the project to those
financial ratio targets.



WILDWOOD CREST: Seeks to Hire Larry Feinstein as Legal Counsel
--------------------------------------------------------------
Wildwood Crest LLC seeks approval from the U.S. Bankruptcy Court
for the Western District of Washington to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire Larry Feinstein, Esq., at Vortman &
Feinstein, to negotiate with creditors concerning a bankruptcy
plan, assist in the preparation of a plan, and provide other legal
services.  He will be paid an hourly rate of $425 for his
services.

Mr. Feinstein does not have any connection with the Debtor or any
of its creditors, according to court filings.

Mr. Feinstein's address is:

     Larry B. Feinstein, Esq.
     Vortman & Feinstein
     520 Pike Street, Suite 2250
     Seattle, WA 98101
     Tel: (206) 223-9595
     Email: feinstein1947@gmail.com

                      About Wildwood Crest

Wildwood Crest LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Wash. Case No. 16-44155) on October 5,
2016.  The petition was signed by Laurie Kazimir, member.  

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


WILSTO ENTERPRISES: Must File Plan & Disclosures by May 1
---------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Pennsylvania
has given Wilsto Enterprises, LP, until May 1, 2017, to filed a
plan of reorganization and disclosure statement.

           About Wilsto Enterprises

Wilsto Enterprises, LP, filed a Chapter 11 bankruptcy petition
(Bankr. W.D. Pa. Case No. 16-24075) on Nov. 1, 2016, disclosing
under $1 million in both assets and liabilities. The Debtor is
represented by Robert O Lampl, Esq.


WINDMILL RESERVE: Seeks April 8 Plan Filing Period Extension
------------------------------------------------------------
Windmill Reserve Corp. asks the U.S. Bankruptcy Court for the
Southern District of Florida to extend its exclusive periods for
filing a plan of reorganization and soliciting acceptances to its
plan to April 8, 2017 and June 8, 2017, respectively.

Absent an extension, the Debtor's exclusive plan filing period
would have expired on December 8, 2016.

The Debtor's Real Property consists of 22 lots in the Windmill
Reserve community in Weston, Florida.

The Debtor relates that the Court had previously authorized the
auction sale of substantially all of its assets.  The Debtor
further relates that Proposed Purchaser, Genesis Commercial Group,
Inc., rescinded its $9.5 million bid for the Real Property.  The
Debtor adds that it has since been in discussions with a number of
parties who have expressed an interest in the Real Property.

The Debtor relates that the Court's Amended Bidding Procedures
Order rescheduled the auction sale of the Real Property for
February 8, 2017 and established February 7, 2017 as the deadline
to submit bids for the real property.  The Debtor further relates
that assuming a successful auction, it anticipates that the closing
of the sale of the Real Property will occur on or before March 1,
2017.

                  About Windmill Reserve Corp.

Windmill Reserve Corp., fka Estates of Swan Lake Corp., is a
Florida corporation that owns and developed the "Windmill Reserve"
community in Weston, Florida.  "Windmill Reserve" consists of 94
single family home sites, 72 of which have been sold and improved.
The Debtor holds title to 22 lots in the community.  The Debtor
also owns two lots used for mitigation and located in Miramar,
Florida.

The Debtor filed a voluntary Chapter 11 bankruptcy petition (Bankr.
S.D. Fla. Case No. 16-20986) on Aug. 8, 2016.  The petition was
signed by Philip J. Von Kahle as president. The Debtor listed total
assets of $15.53 million and total debts of $42.89 million.  Berger
Singerman LLP serves as the Debtor's counsel.  The case is assigned
to Judge Raymond B Ray.


XTERA COMMUNICATIONS: Taps Cowen and Company as Investment Banker
-----------------------------------------------------------------
Xtera Communications, Inc. seeks approval from the U.S. Bankruptcy
Court for the District of Delaware to hire an investment banker.

Xtera proposes to hire Cowen and Company, LLC to provide these
services to the company and its affiliates:

     (a) assist the Board and the management in analyzing the
         Debtors' business, operations, properties, financial
         conditions and prospects;

     (b) assist the Debtors in their analysis and consideration of

         financing alternatives available;

     (c) assist the Debtors in identifying and evaluating parties
         that may be interested in a financing or sale;

     (d) advise the Debtors on tactics and strategies for
         negotiating with potential investors, potential parties
         to a sale, and stakeholders, and if requested,
         participate in negotiations;

     (e) assist in preparing materials describing the Debtors for
         distribution and presentation to parties that might be
         interested in a financing or sale;

     (f) advise the Debtors on the timing, nature and terms of new

         securities, other consideration or other inducements to
         be offered pursuant to any restructuring;

     (g) render financial advice to the Debtors and participate in

         meetings or negotiations with stakeholders, rating
         agencies or other appropriate parties in connection with
         a restructuring;

     (h) attend meetings of the Debtors' Board of Directors (or
         similar governing entity) and committees; and

     (i) provide testimony, if necessary.

Aside from a monthly fee of $75,000, Cowen will also receive these
fees:

     (i) Financing Fee.  A fee equal to the applicable percentage
         of the gross proceeds or aggregate principal amount of
         any financing irrevocably committed or funded:

         For equity or equity-linked securities: 6%

         For a debt financing, the greater of 4% of the principal
         amount of debt issued by or committed to the Debtors in
         the debt financing; or $1.1 million.

    (ii) Restructuring Fee.  A fee equal to $1.485 million payable

         upon the consummation of a restructuring.

   (iii) Sale Fee.  A fee payable upon consummation of any sale,
         equal to the greater of $1.485 million and 2% of the
         aggregate consideration of the sale.  The sale fee will
         be credited to the restructuring fee.

Lorie Beers of Cowen and Company disclosed in a court filing that
the firm is a "disinterested person" as defined in section 101(14)
of the Bankruptcy Code.

The firm can be reached through:

     Lorie R. Beers
     Cowen and Company, LLC
     599 Lexington Avenue
     New York, NY 10022
     Tel: 646-562-1000

                   About Xtera Communications

Xtera Communications and seven affiliated debtors filed for Chapter
11 protection (Bankr. D. Del. Lead Case No. 16-12577) on Nov. 15,
2016.  The company sells telecommunications-related optical
transport solutions.  The company disclosed $50.47 million in
assets and $66.45 million in total debt as of the bankruptcy
filing.

The company tapped Cowen & Company as investment banker and Epiq
Systems Inc. as claims agent.

On November 23, 2016, the Office of the U.S. Trustee appointed five
creditors to serve on the official committee of unsecured
creditors.


[*] UNICTRAL to Consider Proposal on Arbitration & Insolvency
-------------------------------------------------------------
Caroline Simson, writing for Bankruptcy Law360, reported that the
United Nations Commission on International Trade Law has agreed to
consider a proposal from:

    -- Samuel L. Bufford, a former U.S. Bankruptcy Judge in the
Central District of California who's now a distinguished scholar in
residence at Penn State Law; and

     -- Dr. Stephan Madaus, a German law professor,

to better coordinate insolvency and arbitration proceedings, an
area where experts say they would welcome some clarification.

UNICTRAL accepted the proposal from Messrs. Bufford and Madaus
earlier this year.


[^] BOOK REVIEW: Oil Business in Latin America: The Early Years
---------------------------------------------------------------
Author:  John D. Wirth Ed.
Publisher:  Beard Books
Softcover:  282 pages
List price:  $34.95
Review by Gail Owens Hoelscher
Buy a copy for yourself and one for a colleague on-line at
http://is.gd/DvFouR

This book grew out of a 1981 meeting of the American Historical
Society. It highlights the origin and evolution of the state-
owned petroleum companies in Argentina, Mexico, Brazil, and
Venezuela.

Argentina was the first country ever to nationalize its
petroleum industry, and soon it was the norm worldwide, with the
notable exception of the United States. John Wirth calls this
phenomenon "perhaps in our century the oldest and most
celebrated of confrontations between powerful private entities
and the state."

The book consists of five case studies and a conclusion, as
follows:

     * Jersey Standard and the Politics of Latin American Oil
          Production, 1911-30 (Jonathan C. Brown)

     * YPF: The Formative Years of Latin America's Pioneer State
          Oil Company, 1922-39 (Carl E. Solberg)

     * Setting the Brazilian Agenda, 1936-39 (John Wirth)

     * Pemex: The Trajectory of National Oil Policy (Esperanza
          Duran)

     * The Politics of Energy in Venezuela (Edwin Lieuwen)

     * The State Companies: A Public Policy Perspective (Alfred
          H. Saulniers)

The authors assess the conditions at the time they were writing,
and relate them back to the critical formative years for each of
the companies under review. They also examine the four
interconnecting roles of a state-run oil industry and
distinguish them from those of a private company. First, is the
entrepreneurial role of control, management, and exploitation of
a nation's oil resources. Second, is production for the private
industrial sector at attractive prices. Third, is the
integration of plans for military, financial, and development
programs into the overall industrial policy planning process.
Finally, in some countries is the promotion of social
development by subsidizing energy for consumers and by promoting
the government's ideas of social and labor policy and labor
relations.

The author's approach is "conceptual and policy oriented rather
than narrative," but they provide a fascinating look at the
politics and development of the region. Mr. Brown provides a
concise history of the early years of the Standard Oil group and
the effects of its 1911 dissolution on its Latin American
operations, as well as power struggles with competitors and
governments that eventually nationalized most of its activities.
Mr. Solberg covers the many years of internal conflict over oil
policy in Argentina and YPF's lack of monopoly control over all
sectors of the oil industry. Mr. Wirth describes the politics
and individuals behind the privatization of Brazil's oil
industry leading to the creation of Petrobras in 1953. Mr. Duran
notes the wrangling between provinces and central government in
the evolution of Pemex, and in other Latin American countries.
Mr. Lieuwin discusses the mixed blessing that oil has proven for
Venezuela., creating a lopsided economy dependent on the ups and
downs of international markets. Mr. Saunders concludes that many
of the then-current problems of the state oil companies were
rooted in their early and checkered histories." Indeed, he says,
"the problems of the past have endured not because the public
petroleum companies behaved like the public enterprises they
are; they have endured because governments, as public owners,
have abdicated their responsibilities to the companies."

Jonh D. Wirth is Gildred Professor of Latin American Studies at
Standford University.



                            *********

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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
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