TCR_Public/170206.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Monday, February 6, 2017, Vol. 21, No. 36

                            Headlines

23 FARMS: Wants to Use Regions Bank Cash Collateral Until Feb. 28
38 STUDIOS: Hilltop Securities Pays $16MM to Settle Claims
4 ACES BINGO: U.S. Trustee Unable to Appoint Committee
ADVANCED SOLIDS: Sale of Ford F-250 Through Enterprise Approved
AEOLUS PHARMACEUTICALS: Amends 2016 Annual Report to Add Part III

ALLEN CONSTRUCTION: Unsecureds to Recoup 100% in 15 Years at 3.5%
AMPLIPHI BIOSCIENCES: Empery Asset Owns 4.9% Stake as of Dec. 31
AMPLIPHI BIOSCIENCES: Hudson Bay Reports 6.9% Stake as of Dec. 31
ATLANTIC CITY, NJ: Moody's Keeps Caa3 GO Rtng, Expects Default
ATOKA COUNTY HEALTH: Objections to Chapter 9 Petition Due March 9

BENJAMIN EYE CARE: Can Use Cash Collateral on Interim Basis
BIG D'S LOGGING: Asks Court to Conditionally Approve Plan Outline
BRUCE FINDER: Can Use Fifth Third Bank Cash Until February 17
BURGI ENGINEERS: March 9 Disclosure Statement Hearing
CADIZ INC: American Assets Reports 4.5% Equity Stake as of Dec. 31

CANNELLE PATISSERIE: Submits Cash Collateral Stipulation
CHIEFTAIN STEEL: Can Continue Using Cash Collateral Until March 1
CIRCLE RESTAURANT: Unsecureds to Start Getting Payments on May 1
CLARKE PROJECT: Case Summary & 14 Unsecured Creditors
COMSTOCK RESOURCES: MacKay Shields Has 18.7% Stake as of Sept. 30

CRYSTAL WATERFALLS: Cash Collateral Motion Vacated
CURO HEALTH: Moody's Cuts Rating on $45MM Sr. Sec. Loan to B2
DAVITA INC: Veterans Affairs Accord Credit Positive, Moody's Says
DEER MEADOWS: Can File Plan of Reorganization Until April 17
DESERT SPRINGS: Palm Springs Buying Cathedral Property for $4.3M

DIANE MARIE ACCIAVATTI: NJ Supreme Court to Hear Legal Fees Rift
DIRECTBUY HOLDINGS: Westchester Fire Tries to Block Auction
ENTERCOM COMMS: CBS Merger Won't Impact Moody's B1 Corp Rating
EXTREME OUTDOOR: Hires R Todd Luoma as Special Counsel
EXTREME OUTDOOR: Taps Stephen Reynolds as Attorney

FAHEY EXTERIORS: Swift Financial Wants to Stop Cash Use
FARR ENTERPRISES: Court Allows Cash Collateral Use Until Feb. 24
FINJAN HOLDINGS: Subsidiary Issued its First U.S. Patent
FIRST PHOENIX-WESTON: Simplicity to be Paid 4% Per Annum Over 7 Yrs
FORBES ENERGY: Disclosure Statement Hearing Set for March 8

FORBES ENERGY: Wants to Use Regions Bank Cash Collateral
FOREST PARK MEDICAL: Treatment of Employee Claims Amended
FORT WALKER: Lanciones Buying Beaufort County Property for $800K
FULLER PROPERTIES: Hearing on Plan Confirmation Set For March 15
GAINESVILLE HOSPITAL: Jerry Carpenter Is Committee Chairperson

GATEWAY CASINOS: Moody's Affirms B2 Corporate Family Rating
GATOR EQUIPMENT: Court Allows Cash Collateral Use on Final Basis
GERALEX INC: Plan Amended to Add More Tort Claimants
GIBLET INC: Can Use Colorado Department of Revenue Cash Collateral
GRAND VOLUTE: Use of Fifth Third Bank Cash Until Feb. 23 OK

GRANITE ACQUISITION: Moody's Cuts Corporate Family Rating to B1
GREAT BASIN: Has 465.4M Outstanding Common Shares as of Jan. 27
GREAT BASIN: To Seek Approval of Stock Split at Special Meeting
HAGGEN HOLDINGS: Wants Plan Exclusivity Extended to March 8
HAMPSHIRE GROUP: Creditors' Panel Opposes 37.5% Pay Raise for CFO

HILTZ WASTE: Allowed to Use Cash Collateral Until February 27
HOUSTON PLATE: Voluntary Chapter 11 Case Summary
ILLINOIS POWER: Genco Wins Confirmation of Chapter 11 Plan
IMH FINANCIAL: Redeems 196,278 Shares from CEO Lawrence Bain
INTERNATIONAL SHIPHOLDING: Sale of Vessel to Oslo for $3.3M Okayed

IRVIN & ASSOCIATES: Unsecureds to Get $250 Monthly in 1 Yr. at 2%
JACK ROSS: Exclusive Plan Filing Period Extended To February 20
JEFF BENFIELD: Allowed to Use Cash Collateral on Interim Basis
JOHN PUESHEL: Sale of Jersey City Property to Shah Approved
KARHOO INC: Sale of Assets to Flit Technologies for $ 500K Approved

KOHN FUNERAL: Wants Court Approval for Cash Collateral Use
LAKEWOOD DEVELOPMENT: Combined Plan, Disclosures Hearing on March 8
LINN ENERGY: Amended Joint Chapter 11 Plan Confirmed
LMCHH PCP: Wants $4.2-Mil. DIP Loan From MedCare
LODGE HOLDINGS: Ch. 11 Trustee Wants to Use Cash Until April 2017

LUKE'S LOCKER: Wants to Use Nike Cash Collateral
MAINE STATE PROPERTIES: Taps CBRE to Sell Biddeford Property
MAXUS ENERGY: Benjamin Moore Asks Court to Deny Plan Disclosures
MEMORIAL PRODUCTION: Moody's Cuts PDR to D-PD on Bankr. Filing
MERCHANTS BANKCARD: Cash Collateral Motion Withdrawn

MERCHANTS BANKCARD: Court Continues Cash Collateral Motion Hearing
METCOM NETWORK: Sale of All Assets to Epsilon for $3.7M Approved
MGM GROWTH: Moody's Upgrades CFR to Ba3; Outlook Stable
MIAMI NEUROLOGICAL: Wants Approval for Cash Collateral Use
MIDWEST ASPHALT: U.S. Trustee Forms Two-Member Committee

MINDEN AIR: Court Moves Plan Filing Deadline to February 13
MODULAR SPACE: Plan Outline Lacking in Infos, Gov't Says
MOLYCORP MINE: Asks Court OK for $40M Minimum Sale of Mine
MOLYCORP MINERALS: Rare Earth Buying Mountain Pass Mine for $40M
MONUMENT SECURITY: Case Summary & 20 Largest Unsecured Creditors

NAUTILUS FUNDING: Can Use Dime Bank Cash Until Feb. 28
NEPHROGENEX INC: Files Report on De Minimis Assets Sold
NORTH CENTRAL FLORIDA YMCA: Can Use Cash Collateral Until April 14
NORTHPORT BAY: Court Prohibits Cash Collateral Use
OAKS OF PRAIRIE: Can Use Illinois State Bank Cash Until Feb. 28

OPTIMA SPECIALTY: Executives Get $1.1MM, Workers Can Have $4.6MM
PAYLESS INC: Moody's Lowers Corporate Family Rating to Caa2
PEABODY ENERGY: Moody's Assigns (P)B1 Corporate Family Rating
PEABODY ENERGY: Seeks May 1 Extension of Plan Filing Deadline
PEABODY ENERGY: Special Purpose Unit to Offer $1-Bil. in Notes

PERFORMANCE SPORTS: Oakley Tries To Block $575MM Sale of Assets
PREFERRED CONCRETE: April 19 Combined Plan, Disclosures Hearing
PRESTIGE INDUSTRIES: Feb. 10 Meeting Set to Form Creditors' Panel
PRESTIGE INDUSTRIES: Wants DIP Loan From Wells Fargo, Rosenthal
PROGRESSIVE ACUTE: Can Continue Cash Use Until March 17

QUINN'S JUNCTION: Court OKs Cash Collateral Use Through April 30
RALSTON-LIPPINCOTT: CKI Asks for Court OK to Use Cash Collateral
REDSKINS GRILLE: Wants to Use First Republic Cash Collateral
RESIDENTIAL CAPITAL: 2nd Cir. Court Affirms Ruling on Barry Mack
RICHARD DODDS: Wightman Buying Craig Property for $300K

ROJO FIVE: Simon Buying All Assets for $50K
ROJO FOUR: Dudzinskii Buying All Assets for $20K
ROJO ONE: Zdravkovski Buying All Assets for $81K
ROJO SIX: Kurmas Buying All Assets for $20K
ROJO TWO: Pelc Buying All Assets for $140K

ROSEWOOD OAKS: Unsecureds to be Fully Paid Within 30 Days
RUBEN VELASQUEZ: Feb. 21 Hearing to Determine PCO Appointment
SHOBRA LLC: Seeks Authority to Use Cash Collateral
SKYE ASSOCIATES: Plan Filing Deadline Extended Until April 17
SOLID ROCK: U.S. Trustee Unable to Appoint Committee

STARZ ACQUISITION: Plan Confirmation Hearing Set for March 22
STEMTECH INTERNATIONAL: Case Summary & 20 Top Unsecured Creditors
SULLIVAN VINEYARDS: Case Summary & 20 Largest Unsecured Creditors
SUNEDISON INC: Sale of 7 Minnesota Projects for $19M Approved
T&H PLASTICS: Unsecureds to Get $15,000 Per Year For 7 Yrs.

TANNER COMPANIES: Wants to Use Salem Investment Cash Collateral
TAUREN EXPLORATION: Own Plan Proposes 100% Payment to Unsecureds
TERRANOVA LANDSCAPES: Seeks Court Approval for Cash Collateral Use
THAMES FUNDING: Court Allows Use of Dime Bank Cash Until Feb. 28
TLD BAR: Rigdon Has Until Feb. 28 to Use Cash Collateral

TOTAL COMM: IRS to Get Monthly Payment With 4% Interest in 4 Yrs.
TUBRO CONSTRUCTION: Wants to Use Wells Fargo Cash Collateral
ULTRA PETROLEUM: Invesco No Longer Holds Equity Stake
ULTRA PETROLEUM: Needs Until June 29 to File Reorganization Plan
VANGUARD NATURAL: Moody's Cuts Probability of Default Rating to D

VENUS HOSPITALITY: March 7 Combined Plan, Disclosures Hearing
VIOLIN MEMORY: Samberg No Longer Holds Equity Stake
VSI LIQUIDATING: Greenbrier Buying Cleveland Property for $50K
WADHWA DENTAL: Seeks Court Approval for Cash Collateral Use
WALDEN REAL ESTATE: Plan Confirmation Hearing to be Held March 15

WET SEAL: Feb. 13 Meeting Set to Form Creditors' Panel
WILLBROS GROUP: Moody's Withdraws Caa1 Corporate Family Rating
WOODHAVEN TOWNHOUSE: Unsecureds to be Fully Paid in 4 Years
WYNN RESORTS: Moody's Lowers Corporate Family Rating to Ba3
[*] No. of Companies with Moody's B3 & Below Rating Down in Jan.

[*] Number of Bankruptcy Filings by U.S. Retailers Spikes in 2016
[*] Pres. Trump Picks Judge Neil Gorsuch for Supreme Court Post
[^] BOND PRICING: For the Week from Jan. 30 to Feb. 3, 2017

                            *********

23 FARMS: Wants to Use Regions Bank Cash Collateral Until Feb. 28
-----------------------------------------------------------------
23 Farms, LLC asks the U.S. Bankruptcy Court for the Northern
District of Florida for authorization to use cash collateral
through Feb. 28, 2017.

The Debtor relates that it has a farming operation and grows
several crops, including watermelons, tobacco and peanuts.  The
Debtor further relates that it will be planting approximately 175
acres of watermelons within the next few weeks.  The Debtor
contends that it is imperative for it to obtain chemicals and
fertilizer for the watermelon crop immediately in order to grow the
watermelons.

In addition to the watermelons, the Debtor estimates planting
approximately 140 acres of tobacco, 200 – 250 acres of peanuts
and some grass.  The Debtor says that it will be using a watermelon
broker which will advance a portion of the anticipated crop
proceeds in March and April.  The Debtor further says that it has
also obtained a source for chemicals and fertilizer, payment to be
made cash on delivery, or COD.

The Debtor's proposed Budget provides for total expenses in the
amount of $252,181 for the period Jan. 25, 2017 to Feb. 28, 2017.

The Debtor owes Regions Bank approximately $3,031,699 as of the
Petition Date.  The debt is secured by equipment, crops, contract
rights and approximately 743 acres of real property in Gilchrist
County, Florida.

The Debtor says that there are four other secured creditors which
provided purchase money financing for several pieces of equipment.
These creditors are: Diversified Financial Services owed $92,447;
John Deere Financial owed $40,881; LCA Bank Corporation owed
$15,000; and Western Equipment Finance owed $78,083.

The Debtor tells the Court that it currently has $332,583 in bank
accounts.  The Debtor further tells the Court that the source of
these funds was crop insurance.  The Debtor believes that all of
this money is cash collateral in which Regions Bank holds a
perfected security interest.

The Debtor will obtain crop insurance for the watermelons, although
the amount insured is limited to $125,000.  The Debtor will obtain
crop insurance for the tobacco and peanut crops, which unlike the
watermelon insurance will cover the entire crop.

The Debtor proposes to pay Regions Bank $50,000 within three days
of the entry of an Order authorizing the use of cash collateral.
The Debtor further proposes to grant Regions Bank a post-petition
replacement lien to the extent of its prepetition lien on all of
its collateral, including equipment, receivables, proceeds from
insurance policies, contracts and crops.  The Debtor asserts that
it will pay its entire net profit from its peanut crop of 2017,
estimated to be $300,000 to Regions Bank.  The Debtor further
asserts that it will maintain insurance on all of the collateral
held by Regions Bank, with Regions Bank named as a loss payee.

A full-text copy of the Debtor's Motion, dated Jan. 30, 2017, is
available at http://bankrupt.com/misc/23Farms2017_10015kks_19.pdf

A full-text copy of the Debtor's proposed Budget, dated Jan. 30,
2017, is available at
http://bankrupt.com/misc/23Farms2017_1710015kks_19_4.pdf

                       About 23 Farms, LLC

23 Farms, LLC, a Newberry, Florida-based company with a farming
operation, filed a chapter 11 petition (Bankr. N.D. Fla. Case No.
17-10015) on Jan. 20, 2017.  The petition was signed by Joey D.
Langford, II, managing member.  The Debtor is represented by Lisa
Caryl Cohen, Esq., at Ruff & Cohen, P.A.  The case is assigned to
Judge Karen K. Specie.  The Debtor estimated assets and liabilities
at $1 million to $10 million at the time of the filing.


38 STUDIOS: Hilltop Securities Pays $16MM to Settle Claims
----------------------------------------------------------
Cara Mannion, writing for Bankruptcy Law360, reports that Hilltop
Securities Inc., f/k/a First Southwest Co. LLC said that it will
shell out $16 million to Rhode Island Commerce Corp. to settle
claims related to a failed financing deal for the defunct 38
Studios LLC.

Hilltop Securities disclosed the deal in a filing the U.S.
Securities and Exchange Commission.

38 Studios LLC, a video-game developer founded by former Boston Red
Sox pitcher Curt Schilling, filed for liquidation on June 8, 2012,
without attempting to reorganize.  Although based in Providence,
Rhode Island, the company filed the Chapter 7 petition (Bankr. D.
Del. Case No. 12-11743) in Delaware.


4 ACES BINGO: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------
The Office of the U.S. Trustee on Feb. 2, 2017, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of 4 Aces Bingo Inc.

                    About 4 Aces Bingo Inc

4 Aces Bingo Inc is a privately held company in Aurora, CO.  It was
established in 1992. 4 Aces Bingo filed a Chapter 11 bankruptcy
petition (Bankr. D. Colo. Case No. 16-22413) on Dec. 28, 2016.  4
Aces Bingo is a Single Asset Real Estate debtor.  The Hon.
Elizabeth E. Brown oversees the case.  Jeffrey S. Brinen, Esq., at
Kutner Brinen, P.C., serves as counsel to the Debtor.  In its
petition, the Debtor estimated $1 million to $10 million in assets;
and liabilities between $500,000 and $1 million.  The petition was
signed by William Weaver, president.  The Debtor says it has no
unsecured creditor.


ADVANCED SOLIDS: Sale of Ford F-250 Through Enterprise Approved
---------------------------------------------------------------
Judge Ronald B. King of the U.S. Bankruptcy Court for the Western
District of Texas authorized Advanced Solids Control, LLC's sale of
2010 Ford F-250 Truck, VIN ...4095, through Enterprise Fleet
Management.

The sale of the 2010 Ford F-250 Truck through Enterprise Fleet
Management is free and clear of all liens, claims and
encumbrances.

The Debtor has no liens against the 2010 Ford F-250 Truck, and the
Debtor may use the net sales proceeds to assist it with its
reorganization efforts; any ad valorem tax liens of Nueces County,
if any, attach to the proceeds of the sale.

                 About Advanced Solids Control

Advanced Solids Control, LLC, is an oilfield service company
specializing in solids control for land-based oil and gas drilling
operations.

Advanced Solids sought Chapter 11 protection (Bankr. W.D. Tex.
Case
No. 16-52748) on Dec. 2, 2016.  The petition was signed by W. Lynn
Frazier, managing member.  The Debtor estimated assets of less
than
$50,000 and liabilities of less than $1 million.

The Debtor tapped William R. Davis, Jr., Esq., at Langley &
Banack,
Inc. as counsel.


AEOLUS PHARMACEUTICALS: Amends 2016 Annual Report to Add Part III
-----------------------------------------------------------------
Aeolus Pharmaceuticals, Inc., filed an amendment to its annual
report on Form 10-K/A for the fiscal year ended Sept. 30, 2016, as
filed with the Securities and Exchange Commission on Dec. 20, 2016.
The purpose of this Form 10-K/A is to submit Part III, Item 10
through Item 14 information, previously intended to be incorporated
by reference to the Company's definitive proxy statement filed
pursuant to Regulation 14C.

Part III of the Annual Report contains the following information:

Item 10. Directors, Executive Officers and Corporate Governance.

Item 11. Executive Compensation.

Item 12. Security Ownership of Certain Beneficial Owners and
Management and Related Stockholder Matters.

Item 13. Certain Relationships and Related Transactions, and   
Director Independence.

Item 14. Principal Accounting Fees and Services.

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

                     https://is.gd/iGqrzT

                  About Aeolus Pharmaceuticals

Mission Viejo, California-based Aeolus Pharmaceuticals, Inc., is a
Southern California-based biopharmaceutical company leveraging
significant government investment to develop a platform of novel
compounds in oncology and biodefense.  The platform consists of
over 200 compounds licensed from Duke University and National
Jewish Health.

The Company's lead compound, AEOL 10150, is being developed as a
medical countermeasure ("MCM") against the pulmonary sub-syndrome
of acute radiation syndrome ("Pulmonary Acute Radiation Syndrome"
or "Lung-ARS") as well as the gastrointestinal sub-syndrome of
acute radiation syndrome ("GI-ARS").  Both syndromes are caused by
acute exposure to high levels of radiation due to a radiological
or nuclear event.  It is also being developed for use as a MCM for
exposure to chemical vesicants such as chlorine gas, sulfur
mustard gas and nerve agents.

Aeolus reported a net loss attributable to common stockholders of
$6.04 million on $2.07 million of contract revenue for the fiscal
year ended Sept. 30, 2016, compared to a net loss attributable to
common stockholders of $2.62 million on $3.11 million of contract
revenue for the fiscal year ended Sept. 30, 2015.

As of Sept. 30, 2016, Aeolus Pharmaceuticals had $4.17 million in
total assets, $972,000 in total liabilities and $3.19 million in
total stockholders' equity.


ALLEN CONSTRUCTION: Unsecureds to Recoup 100% in 15 Years at 3.5%
-----------------------------------------------------------------
Allen Construction Services, Inc., filed with the U.S. Bankruptcy
Court for the Western District of Wisconsin a second amended
disclosure statement dated Jan. 30, 2017, referring to the Debtor's
third amended plan of reorganization.

The Third Amended Plan provides for treatment of the secured claim
of the City of Madison Treasurer in the amount of $4,049.59 for
delinquent personal property taxes and the priority unsecured claim
and administrative claim of the Department of Workforce Development
- Worker's Compensation Division in the total aggregate amount of
$94,220.12.  These claims will be paid through the Chapter 11
Plan.

To ensure feasibility of the Third Amended Plan, the treatment of
Class 5 claims of general unsecured creditors have been amended to
provide for an amortization of 15 years instead of 12 years.
General unsecured claims -- which total approximately $1,146,661.95
-- will continue to accrue interest at the fixed rate of 3.5% per
annum.

General unsecured claims will be paid in quarterly payments of
$24,594, with the first payment to be paid on the 15th day of the
month following the end of the first full quarter following the
Effective Date of the Plan, and paid on the 15th day of the month
following the end of each quarter thereafter.  The claimants will
share pro rata in the quarterly distributions.  The total amount
being paid by the Debtor is $1,146,661.95.

Class 5 General Unsecured Claims are impaired under the Plan.  

The Third Amended Disclosure Statement is available at:

           http://bankrupt.com/misc/wiwb15-10033-200.pdf

As reported by the Troubled Company Reporter on Dec. 9, 2016, the
Debtor filed a disclosure statement explaining the Chapter 11 plan,
which proposed to pay in full holders of Class 6 general
non-priority unsecured claims.  These creditors would be paid
within 12 years of confirmation of the plan in quarterly
installments at 3.5% interest.

                    About Allen Construction

Headquartered in Madison, Wisconsin, Allen Construction Services,
Inc. dba Allen Kitchen and Bath was founded in 1980.  Allen Kitchen
& Bath provides home remodeling products and services and offers
remodeling services, including planning, designing, product
selection, installation and custom fabrication.  It offers
full-line of granite, quartz and solid surface countertops.  It
currently employs approximately 21 employees, who include the two
principals of the Debtor, Gary Allen and Laree Allen.  The Debtor
is a member of the National Association of the Remodeling Industry,
the Madison Area Builders Association, and the National Association
of Home Builders.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. W.D.
Wis. Case No. 15-10033) on Jan. 6, 2015, estimating its assets at
between $100,000 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.


AMPLIPHI BIOSCIENCES: Empery Asset Owns 4.9% Stake as of Dec. 31
----------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, Empery Asset Management, LP disclosed that as of Dec.
31, 2016, it beneficially owns 1,494,334 shares of common stock
issuable upon exercise of warrants, of AmpliPhi Biosciences
Corporation representing 4.99 percent of the shares outstanding.

Ryan M. Lane also reported 1,494,505 shares of common stock
issuable upon exercise of warrants while Martin D. Hoe reported
beneficial ownership of 1,494,505 shares of common stock issuable
upon exercise of warrants.

Pursuant to the terms of the Reported Warrants, the Reporting
Persons cannot exercise any of the Reported Warrants to the extent
they would beneficially own, after any such exercise, more than
4.99% of the outstanding shares of Common Stock.  Consequently, as
of Dec. 31, 2016, the Reporting Persons were not able to exercise
all of the Reported Warrants due to the Blockers.

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

                    https://is.gd/KnecaL

                       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.


AMPLIPHI BIOSCIENCES: Hudson Bay Reports 6.9% Stake as of Dec. 31
-----------------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, Hudson Bay Capital Management, L.P. and Sander Gerber
disclosed that as of Dec. 31, 2016, they beneficially own 1,241,489
shares of common stock issuable upon exercise of warrants of
Ampliphi Biosciences Corporation representing 6.9 percent of the
shares outstanding.

The percentage was calculated based upon an aggregate of 16,742,040
shares of Common Stock, which are reported to be issued and
outstanding in the Company's Prospectus filed with the Securities
and Exchange Commission pursuant to Rule 424(b)(4) on Nov. 17,
2016.

Mr. Gerber serves as the managing member of Hudson Bay Capital GP
LLC, which is the general partner of the Investment Manager.

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

                      https://is.gd/iax0Da

                         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.


ATLANTIC CITY, NJ: Moody's Keeps Caa3 GO Rtng, Expects Default
--------------------------------------------------------------
Moody's Investors Service has affirmed the City of Atlantic City,
NJ's Caa3 General Obligation rating. The outlook remains negative.

The affirmation of the Caa3 rating reflects the continued
likelihood of default within the next year and the ongoing
possibility of significant bondholder impairment despite the
passage of "rescue legislation." The affirmation also incorporates
the recent takeover by the State of New Jersey (A2 negative). The
Caa3 rating indicates an expected loss to bondholders of up to 35%
of principal, in light of the city's very large structural deficit
with limited sources of relief without state assistance.

Rating Outlook

The negative outlook reflects ongoing risks from the absence of a
detailed plan and time frame to restore the city's financial
health. While the city and state are now collaborating to
renegotiate various liabilities, the city faces an ongoing
liquidity crisis, structural deficit and near-term service
insolvency.

Factors that Could Lead to an Upgrade

Elimination or reduction of structural deficit

Improved liquidity and reserve position

Successful renegotiations of existing contracts leading to reduced
expenditures

Material improvement in tax base and socioeconomic profile

Factors that Could Lead to a Downgrade

Failure to adopt adequate budget solutions

Indication that, in the event of a default, bondholder recoveries
would fall below 80%

Default on debt obligations

Legal Security

Debt service on the bonds is secured by the city's general
obligation unlimited ad valorem tax pledge. Certain issuances are
additionally secured by bond insurance.

Use of Proceeds

Not applicable.

Obligor Profile

Atlantic City is a tourism and gaming center located along the
south New Jersey shore. It has a population of approximately
39,000.

Methodology

The principal methodology used in this rating was US Local
Government General Obligation Debt published in December 2016.

Regulatory Disclosures

For ratings issued on a program, series or category/class of debt,
this announcement provides certain regulatory disclosures in
relation to each rating of a subsequently issued bond or note of
the same series or category/class of debt or pursuant to a program
for which the ratings are derived exclusively from existing ratings
in accordance with Moody's rating practices. For ratings issued on
a support provider, this announcement provides certain regulatory
disclosures in relation to the credit rating action on the support
provider and in relation to each particular credit rating action
for securities that derive their credit ratings from the support
provider's credit rating. For provisional ratings, this
announcement provides certain regulatory disclosures in relation to
the provisional rating assigned, and in relation to a definitive
rating that may be assigned subsequent to the final issuance of the
debt, in each case where the transaction structure and terms have
not changed prior to the assignment of the definitive rating in a
manner that would have affected the rating.



ATOKA COUNTY HEALTH: Objections to Chapter 9 Petition Due March 9
-----------------------------------------------------------------
Objections to the Chapter 9 petition of Atoka County Health
Authority must be filed on or before March 9, 2017, with the Clerk,
U.S. Bankruptcy Court for the Eastern District of Oklahoma, P.O.
Box 1347, Okmulgee, Oklahoma 74447.  A copy of the objections will
be mailed to the attorney for the Debtor:

   Jeffrey E. Tate, Esq.
   Christensen Law Group PLLC
   3401 N.W. 63rd Street, Suite 600
   Oklahoma City, OK 73116

All objections will state the facts and legal authorities in
support of the objections.

Additional information concerning the Chapter 9 case can be
obtained by contacting the Debtor's counsel by Tel: (405) 232-2020
or by email: jeffrey@christensenlawgrou.com.

Based in Atoka, Oklahoma, Atoka County Healthcare Authority
provides health care services.  The Healthcare Authority filed for
Chapter 9 bankruptcy protection on Jan. 10, 2017 (Bankr. E.D. Okla.
Case No. 17-80016).  Jeffrey E. Tate, Esq., at Christensen Law
Group PLLC, represents the Debtor.  The Debtor estimated assets of
less than $50,000, and debts of between $10 million and $50
million.


BENJAMIN EYE CARE: Can Use Cash Collateral on Interim Basis
-----------------------------------------------------------
Judge Pamela S. Hollis of the U.S. Bankruptcy Court for the
Northern District of Illinois authorized Benjamin Eye Care, LLC to
use cash collateral on an interim basis until February 16, 2017.

Judge Hollis acknowledged that an immediate need exists for the
Debtor to use its pre-petition collateral in order to continue its
business operation since the Debtor was unable to obtain credit on
favorable terms.

The Debtor acknowledged that the following entities have valid
liens upon its assets and its cash proceeds:

       (a) Inland Bank & Trust, which was owed approximately
$299,000, secured by all the assets of the Debtor; and

       (b) The Northern Trust Company, which was owed approximately
$567,467, secured by all the assets of the Debtor.

Inland Bank and Northern Trust will be secured by a lien to the
same extent, priority and validity as existed prior to the Petition
Date.  Inland Bank and Northern Trust will also receive a security
interest in and replacement lien upon all of the Debtor's property,
real or personal, whether in existence before or after the Petition
Date, to the extent actually used and for the diminution in the
value of Inland Bank and Northern Trust's collateral securing the
Debtor's indebtedness.  

The Debtor was directed to continue making payments to Inland Bank
in the previously agreed amount of $1,250 per month, to maintain
insurance covering the full value of all collateral, and to permit
onsite inspection of such collateral, policies of insurance and
financial statements.

A final hearing on the Debtor's use of cash collateral is scheduled
on February 16, 2017 at 10:30 a.m.

A full-text copy of the Order, entered on January 31, 2017, is
available at http://tinyurl.com/jvchuaw

Inland Bank & Trust is represented by:

            William J McKenna, Esq.
            FOLEY & LARDNER LLP
            321 N. Clark Street, Suite 2800
            Chicago, IL 60654
            Telephone: (312) 832-4541
            Email: wmckenna@foley.com

The Northern Trust Company is represented by:

            Daniel H. Olswang, Esq.
            HAUSELMA,, RAPPIN & OLSWANG, LTD.
            29 E. Madison Street, Suite 950
            Chicago, IL 60602
            Telephone: (312) 372-2020 Ext. 13
            Email: dolswang@hrolaw.com

                About Benjamin Eye Care

Benjamin Eye Care, LLC filed a voluntary petition under Chapter 11
of the Bankruptcy Code (Bankr. N.D. Ill. Case No. 16-36409) on
November 15, 2016.  The petition was signed by Dr. Mark Benjamin,
owner.  At the time of filing, the Debtor estimated assets at $0 to
$50,000 and liabilities at $500,000 to $1 million.

The Debtor is represented by Brian K. Wright, Esq., at Brian Wright
& Associates, P.C.  The Debtor engaged Michael J. Davis, Esq., at
BKN Murray LLP as co-counsel.


BIG D'S LOGGING: Asks Court to Conditionally Approve Plan Outline
-----------------------------------------------------------------
Big D's Logging, LLC, filed a motion with the U.S. Bankruptcy Court
for the Middle District of Georgia to conditionally approve its
disclosure statement and accompanying plan of reorganization.

The Debtor also asks the court to conduct a combined hearing on the
conditional approval of the disclosure statement and the
confirmation of the plan.

Big D's Logging, LLC, filed a Chapter 11 petition (Bankr. M.D. Ga.
Case No. 16-51575) on August 3, 2016, listing under $1 million in
both assets and liabilities.



BRUCE FINDER: Can Use Fifth Third Bank Cash Until February 17
-------------------------------------------------------------
Judge Deborah L. Thorne of the U.S. Bankruptcy Court for the
Northern District of Illinois authorized Bruce Finder Sales, Inc.
to use Fifth Third Bank's cash collateral on an interim basis until
Feb. 17, 2017.

The approved one-month Budget provided for total expenses in the
amount of $251,404.

The Debtor is indebted to Fifth Third Bank pursuant to certain loan
agreements.  Fifth Third Bank has a perfected first priority
security interest in all the Debtor's assets and property,
currently-owned and later-acquired, as well as security interests
in their proceeds.

Pursuant to the Interim Order, Fifth Third Bank is granted valid,
binding, enforceable and perfected liens and security interests in
and on any of the Debtor's currently-owned collateral or collateral
acquired since the Petition Date, to the same extent, validity and
priority held by Fifth Third Bank prior to the petition date.

The Debtor was directed to pay Fifth Third bank $2,736 by January
30, 2017, as adequate protection.  The Debtor was further directed
to maintain insurance coverage on the collateral.

A status hearing on the Debtor's right to use cash collateral is
scheduled on Feb. 14, 2017 at 10:00 a.m.

A full-text copy of the Interim Order, dated Jan. 30, 2017, is
available at
http://bankrupt.com/misc/BruceFinder2017_1702122_11.pdf

                    About Bruce Finder Sales, Inc.

Bruce Finder Sales, Inc., d/b/a BFS Metals, d/b/a Chicago Plastic
Supply, based in Cicero, Illinois, filed a chapter 11 petition
(Bankr. N.D. Ill. Case No. 17-02122) on Jan. 25, 2017.  The
petition was signed by Bradley Finder, president.  The Debtor is
represented by Allan O. Fridman, Esq., at the Law Office of O.
Allan Fridman.  The case is assigned to Judge Deborah L. Thorne.
The Debtor disclosed total assets at $1.10 million and total
liabilities at $1.18 as of Dec. 31, 2016.


BURGI ENGINEERS: March 9 Disclosure Statement Hearing
-----------------------------------------------------
Judge Ralph B. Kirscher of the U.S. Bankruptcy Court for the
District of Montana will convene a hearing on March 9, 2017, at
9:00 a.m., to consider approval of the disclosure statement
describing the plan of reorganization filed by Burgi Engineers LLC
on Jan. 24, 2017.

March 6, 2017, is fixed as the last day for filing and serving
written objections to the disclosure statement.

                 About Burgi Engineers

Burgi Corporation, based in Columbia Falls, Montana, filed a
Chapter 11 petition (Bankr. D. Mont. Case No. 16-60771) on July
28,
2016. The Hon. Ralph B. Kirscher presides over the case. Maggie W
Stein, Esq., at Goodrich & Reely, PLLC, serves as bankruptcy
counsel.

In its petition, the Debtor estimated $532,282 in assets and $1.08
million in liabilities. The petition was signed by Robert Burgi,
president.

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


CADIZ INC: American Assets Reports 4.5% Equity Stake as of Dec. 31
------------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, these reporting persons disclosed beneficial ownership
of shares of common stock Cadiz Inc. as of Dec. 31, 2016:

                                          Shares     Percentage
                                       Beneficially      of        
      
  Reporting Person                         Owned       Shares
  ----------------                     ------------  -----------
  American Assets Capital Advisers, LLC   889,797       4.51%

  American Assets Investment              889,797       4.51%
  Management, LLC(AAIM)

  Soledad Realty Capital, Inc.            889,797       4.51%

  Ernest S. Rady                          889,797       4.51%

  Burland B. East, III                    889,797       4.62%

  Altegris Advisors, LLC                  854,060       4.32%

Mr. Burland East owns 100% of Soledad.  Mr. Ernest Rady owns 100%
of AAIM.  AAIM and Soledad together own 100% of AACA.  AACA is a
SEC registered investment adviser.  With the exception of 22,500
shares owned individually by Mr. Burland East, the shares of Cadiz,
Inc. covered by this report are held for the benefit of
discretionary accounts advised and/or sub-advised
by AACA.  AACA serves as the sub-adviser to a fund advised by
Altegris, an unaffiliated SEC registered investment adviser.

The ownership breakdown of the common stock of Cadiz, Inc. is as
follows: AAIM, Soledad, Burland East and Ernest Rady are control
persons of AACA and therefore have indirect shared investment power
and indirect shared voting power of 889,797 shares.

Mr. Burland East also has direct investment power and sole voting
power of  22,500 shares.  AACA does not have any investment power
or voting power over these shares.  AACA has investment power and
voting power over accounts that hold in the aggregate 889,797
shares.

No one account owns 5% or more of the shares.  Altegris serves as
the investment adviser for, and has discretionary authority over
AACA Opportunistic Real Estate Long Fund, which owns
854,060 shares (4.32%).  Altegris has no voting power over the
shares in the Fund.  AACA is the sub-adviser to the Fund and has
voting power and shared investment power over the shares in the
Fund.

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

                      https://is.gd/gJO4AA

                          About Cadiz

Cadiz Inc. is a land and water resource development company with
45,000 acres of land in three areas of eastern San Bernardino
County, California.  Virtually all of this land is underlain by
high-quality, naturally recharging groundwater resources, and is
situated in proximity to the Colorado River and the Colorado River
Aqueduct, a major source of imported water for Southern California.
The Company's properties are suitable for various uses, including
large-scale agricultural development, groundwater storage and water
supply projects.  The Company's main objective is to realize the
highest and best use of its land and water resources in an
environmentally responsible way.

Cadiz Inc. reported a net loss and comprehensive loss of $24.01
million in 2015, a net loss and comprehensive loss of $18.88
million in 2014 and a net loss and comprehensive loss of $22.67
million in 2013.

As of Sept. 30, 2016, Cadiz Inc. had $59.01 million in total
assets, $129.24 million in total liabilities and a total
stockholders' deficit of $70.22 million.


CANNELLE PATISSERIE: Submits Cash Collateral Stipulation
--------------------------------------------------------
Cannelle Patisserie, Inc., submitted to the U.S. Bankruptcy Court
for the Southern District of New York, its stipulation with the
Internal Revenue Service regarding the use of cash collateral.

The Debtor is indebted to the IRS for outstanding federal income
taxes, federal withholding and Federal Insurance Contributions Act
(FICA) taxes, and federal unemployment taxes which were due but
unpaid.  The IRS asserted that it holds a lien on all assets of the
Debtor to secure tax liabilities in the approximate amount of
$447,795.59.

The IRS' cash collateral consists of proceeds of the Debtor's
operations and collections of accounts receivable.

The Stipulation provides, among others, the following relevant
terms:

     (1) Use of Cash Collateral:  The IRS consents to the use of
cash collateral by the Debtor: (i) in the ordinary course of
business for payment of expenses incurred, or to be incurred in the
operation of its business, (ii) for payment of any filing fees or
United States Trustee fees in connection with the Proceedings, and
(iii) for payment of any professional fees and expenses, to the
extent allowed in the Proceedings.

     (2) Use of Collateral: The IRS consents to the use of
collateral such as other real and personal property in which the
IRS holds a secured interest.

     (3) Adequate Protection Liens:  As adequate protection to
secure ahy loss, decrease or decline in the value of the collateral
resulting from the use, sale or lease of the collateral by the
Debtor, the Debtor hereby grants to the IRS a continuing
post-petition security interest in all of the assets of the Debtor
and all substitutions therefore which are created, acquired and in
which the Debtor obtains an interest subsequent to the filing of
the petition, provided that such lien does not extend to any causes
of action under Chapter 5 of the Bankruptcy Code or their
recoveries.  The parties agree to a carve out from the Adequate
Protection Lien to the extent of $15,000 for the fees and expenses
of a chapter 7 trustee in the event the case is converted to a
Chapter 7 case.

     (4) Adequate Protection Payments: As additional adequate
protection for any Post-Petition Loss, the Debtor will make a
monthly payment of $7,000 to the IRS, for the earlier of (i) 5
years, (ii) until a Chapter 11 Plan in confirmed by the Court, or
(iii) the case is closed.  The payments will be applied to the
federal tax liabilities secured by the IRS Lien.

     (5) Insurance:  The Debtor agrees to maintain all insurance
policies including general commercial liability insurace, fire,
hazard, casualty and Workmen's Compensation.

     (6) Tax Payments:  The Debtor will make timely weekly payroll
tax deposits, beginning immediately, for weekly payroll taxes due
for withheld federal income tax, social security tax, and Medicare
taxes by either electronic transfer or transfer via Federal Tax
Deposit form 8109B made out to the Debtor's local Financial
Institution.  The Debtor will make timely payroll tax deposits when
due for the Federal Unemployment Tax, by either electronic transfer
or transfer via Federal Tax Deposit form 8109B made out to the
Debtor's local Financial Institution.

The hearing on the stipulation is scheduled on March 2, 2017 at
12:00 noon.

A full-text copy of the Stipulation, dated January 30, 2017, is
available at
http://bankrupt.com/misc/CannellePatisserie2016_11644577nhl_33_1.pdf

             About Cannelle Patisserie, Inc

Cannelle Patisserie Inc., filed a Chapter 11 bankruptcy petition
(Bankr. E.D.N.Y. Case No. 16-44577) on October 11, 2016.  The
petition was signed by Jean-Claude Perrenau, president.  The Debtor
is represented by Daniel C Marotta, Esq. and Richard M. Gabor,
Esq., at Gabor & Marotta LLC.  The Debtor estimated assets at
$50,001 to $100,000 and liabilities at $500,001 to $1 million at
the time of the filing.



CHIEFTAIN STEEL: Can Continue Using Cash Collateral Until March 1
-----------------------------------------------------------------
Judge Joan A. Lloyd of the U.S. Bankruptcy Court for the Western
District of Kentucky authorized Chieftain Steel, LLC and Floyd
Industries, LLC to use cash collateral until March 1, 2017.

United Cumberland Bank consented to the Debtors' use of cash
collateral.  Axis Capital, Inc. also consented to Floyd Industries'
use of cash collateral.

United Cumberland Bank had security interests and liens on, among
other things, all of the Debtors' accounts receivable, inventory,
equipment, chattel paper, general intangibles and real estate.  

The Debtors are indebted to United Cumberland Bank pursuant to
three loans:

               Loan #75110:    $2,390,281
               Loan #75441:    $  753,551
               Loan #755803:   $  548,346

The Debtors were authorized to use cash collateral solely to pay
normal trade payables, payroll, insurance premiums, taxes and
utilities, necessary to preserve and maintain the assets and
business operations of the Debtors during the period of December
31, 2016 through March 1, 2017.

The Debtors were directed to make monthly interest-only payments to
United Cumberland Bank in the amount of $9,250 for Loans #75110 and
#75441, principal payments of $3,500 per month under Loan #755803.

The Debtors were also directed to maintain a collateral base
consisting of cash collateral in an amount not less than $750,000.

United Cumberland Bank was granted first priority post-petition
replacement security interests and liens upon all of the Debtor's
post-petition property that is similar to the property on which it
held its prepetition liens, including, without limitation, all
post-petition property of the types constituting the collateral of
their prepetition liens, and all their proceeds and products.

United Cumberland Bank was also granted an administrative expense
claim which will have priority over any and all administrative
expenses, subject to the Carve-Out.

The Carve-Out consists of fees, costs, disbursements, charges, and
expenses of attorneys, accountants and other professionals of the
Debtor retained in the Chapter 11 case.

The Debtors' authorization to use cash collateral will terminate:

     (1) in the event that the Debtors will fail to make any
payment to United Cumberland required under the Second Amended
Final Order; or

     (2) in the event that the Debtors will breach any non-payment
term, condition or covenant set forth in the Second Amended Final
Order; or

     (3) upon the entry of a final order dismissing the Chapter 11
Case, appointing a trustee in the Chapter 11 Case, converting the
Chapter 11 Case to a case under Chapter 7 of the Bankruptcy Code or
transfer of venue of the Chapter 11 Case to another district.

A full-text copy of the Second Amended Final Order, dated January
31, 2017, is available at http://tinyurl.com/jeqsv4t

                About Chieftain Steel, LLC.

Chieftain Steel, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Ky. Case No. 16-10407) on May 2, 2016.
The Debtor tapped Constance G. Grayson, Esq., at Gullette &
Grayson, PSC, and Dinsmore & Shohl LLP as bankruptcy attorneys.

The Official Committee of Unsecured Creditors retained Fox
Rothschild LLP as its legal counsel, Bingham Greenebaum Doll LLP as
its local counsel, and Phoenix Management Services, LLC as its
financial advisor.

Floyd Industries, LLC, filed a Chapter 11 petition (Bankr. W.D. Ky.
Case No. 16-10837) on Sept. 19, 2016, and is represented by Travis
Kent Barber, Esq., at Barber Law PLLC, in Lexington, Kentucky.  At
the time of filing, Floyd Industries had estimated assets and
liabilities of $1 million to $10 million.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Floyd Industries LLC, an
affiliate of Chieftain Steel LLC, as of Nov. 25, 2016, according to
the court docket.

The Chapter 11 cases of Chieftain Steel and Floyd Industries are
jointly administered.

Chieftain Steel, LLC and its debtor-affiliates employed Kerbaugh &
Rodes, CPAs as accountant and advisor.


CIRCLE RESTAURANT: Unsecureds to Start Getting Payments on May 1
-----------------------------------------------------------------
Unsecured creditors of Circle Restaurant Group Kansas, LLC, will
receive payments from the company starting May 1, according to the
company's latest Chapter 11 plan of reorganization.

The initial plan had proposed to pay unsecured creditors beginning
March 1.

Under the latest restructuring plan, Class 3 unsecured claims
allowed by the court will be paid $300 a month, pro rata, for 60
months for a total of $18,000.  This payment will result in a
dividend of roughly 15% to unsecured creditors.

Meanwhile, Ernesto Peralta, a member of the company, will retain
his ownership and will be the sole surviving member.  Any loan with
equity security holders will not be paid and will be eliminated
upon confirmation of the plan, according to the company's latest
disclosure statement filed on Jan. 26 with the U.S. Bankruptcy
Court for the District of Kansas.

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

                     https://is.gd/cbW8TQ

                 About Circle Restaurant Group

Circle Restaurant Group, LLC, a Kansas-based limited liability
company, has been operating a restaurant since 2012.

The Debtor dba Blanc Burgers and Bottles sought Chapter 11
protection (Bankr. D. Kans. Case No. 14-22106) on Sept. 4, 2014.
The Debtor tapped Colin N. Gotham, Esq. at Evans & Mullinix, P.A.
as counsel.



CLARKE PROJECT: Case Summary & 14 Unsecured Creditors
-----------------------------------------------------
Debtor: Clarke Project Solutions, Inc.
           fka Cumming Clarke
        25862 San Tropez Court
        Mission Viejo, CA 92692-5229

Case No.: 17-10402

Chapter 11 Petition Date: February 2, 2017

Court: United States Bankruptcy Court
       Central District of California (Santa Ana)

Judge: Hon. Theodor Albert

Debtor's Counsel: Pamela Jan Zylstra, Esq.
                  A PROFESSIONAL CORPORATION
                  18111 Von Karman, Ste F460
                  Irvine, CA 92612-7152
                  Tel: 949-222-2000
                  Fax: 949-222-2022
                  E-mail: zylstralaw@gmail.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $500,000 to $1 million

The petition was signed by Chris Clarke, president.

A copy of the Debtor's list of 14 unsecured creditors is available
for free at:

            http://bankrupt.com/misc/cacb17-10402.pdf


COMSTOCK RESOURCES: MacKay Shields Has 18.7% Stake as of Sept. 30
-----------------------------------------------------------------
MacKay Shields LLC, an investment adviser registered under Section
203 of the Investment Advisers Act of 1940, disclosed in an amended
Schedule 13G filed with the Securities and Exchange Commission that
it is deemed to be the beneficial owner of 9,407,721 shares of
common stock, par value $0.50 per share, of Comstock Resources
Inc., or 18.73% based on a total of 13,148,000 shares of Common
Stock issued and outstanding as of Sept. 30, 2016, plus 35,753,172
shares issuable upon conversion of convertible notes held by MacKay
Shields' clients.  A full-text copy of the regulatory filing is
available for free at:

                      https://is.gd/nfGCom

                    About Comstock Resources

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

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

As of Sept. 30, 2016, Comstock had $885.5 million in total assets,
$1.10 billion in total liabilities and a total stockholders'
deficit of $220 million.

                        *     *     *

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

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


CRYSTAL WATERFALLS: Cash Collateral Motion Vacated
--------------------------------------------------
Judge Ernest Robles of the U.S. Bankruptcy Court for the Central
District of California vacated Crystal Waterfalls, LLC's Cash
Collateral Motion and rendered moot the Existing Cash-management
Motion in light of the successful close of escrow.

At the Motions' hearings, the Debtor represented to the Court that
the close of escrow had successfully occurred, pursuant to a
previously Court-approved sale order.  Therefore, the Debtor no
longer has an ownership interest in the real property located at
1211 E. Garvey Street, Covina, CA, known as Park Inn by Radisson,
and the Property is no longer part of the bankruptcy estate.

A full-text copy of the Order, dated January 26, 2017, is available
at https://is.gd/THtdIr

                  About Crystal Waterfalls

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

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

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

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

The Debtor is represented by Ian Landsberg, Esq., at Excoff
Landsberg LLP.

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


CURO HEALTH: Moody's Cuts Rating on $45MM Sr. Sec. Loan to B2
-------------------------------------------------------------
Moody's Investors Service downgraded the first lien senior secured
credit facilities of Curo Health Services Holdings, Inc.'s to B2
from B1. At the same time, Moody's affirmed the B3 Corporate Family
Rating and B3-PD Probability of Default Rating and maintained the
positive rating outlook.

Proceeds from a $60 million 1st lien term loan add-on are expected
to be used to repay $60 million of its second lien note (not
rated). The downgrade of the 1st lien credit facilities reflects
the increasing proportion of 1st lien debt in the capital structure
and as a consequence higher expected loss rates in default.

Following is a summary of Moody's rating actions:

Ratings downgraded:

$45 million senior secured revolver expiring 2020 to B2 (LGD 3)
from B1 (LGD3)

Senior secured first lien term loan to B2 (LGD3) from B1 (LGD3)

Ratings affirmed:

Corporate Family Rating at B3

Probability of Default Rating at B3-PD

The rating outlook is positive

RATINGS RATIONALE

The B3 Corporate Family Rating reflects risk associated with being
a pure-play Hospice operator and the company's high financial
leverage. The rating also reflects Curo's small size, the presence
of considerable competition in a fragmented industry and high
revenue concentration from Medicare. Curo faces several legal
liabilities related to a 2015 investigation related to its Texas
operations. If resolved, Moody's believes these proceedings will
likely result in cash settlements paid out in 2017 that can be
financed through internally generated cash and its revolver. There
are also significant business, legal, and integration-related
adjustments to EBITDA that result in a large delta between GAAP and
adjusted figures. These are expected to decline in 2017 and the
quality of earnings should improve.

The company's growth strategy has shifted, favoring accelerated
organic expansion of new offices (de novos) over M&A. This
increased investment will offset some of the growth in the base
business in the short term. That said, Moody's believes offices
opened in 2016 will begin to contribute to earnings growth in 2017,
resulting in debt/EBITDA declining to under 6 times (Moody's does
not add back de novo losses, among other adjustments). The rating
also reflects the company's position as the third largest
for-profit hospice operator in the US.

Curo's good liquidity profile is supported by expectations of
improving positive free cash flow and low capital expenditure
demands of its business. Moody's expects cash to be modest at about
$6 million after its proposed capital structure rebalancing.
Liquidity is also supported by a $45 million undrawn revolver with
approximately $39 million of availability after taking account for
letters of credit. Depending on the timing and magnitude of any
legal settlement, Moody's believes the company could draw on the
revolver with the expectation it would be repaid shortly
thereafter. Mandatory debt amortization is modest at $4.4 million
per year. The credit agreement contains a 1st lien maximum debt to
EBITDA financial covenant of 6.5 times. Moody's expects the company
to maintain ample cushion even after the proposed increase in first
lien debt.

The positive outlook reflects Moody's expectation that a
combination of modest earnings growth and debt repayment will
result in debt to EBITDA declining to under 6 times by mid-2017.

The ratings could be upgraded if the company can consistently
generate free cash flow with debt to EBITDA improving towards 5.5
times (including a decline in adjustments leading to better quality
of earnings). Resolution of its outstanding investigation would
also be needed for an upgrade.

The ratings could be downgraded if liquidity deteriorates or free
cash flow turns negative. The ratings could also be downgraded if
debt to EBITDA is sustained above 6.5 times.

Headquartered in Mooresville, North Carolina, Curo Health Services
Holdings, Inc. is a provider of hospice services in the
Southeastern and Southwestern regions of the U.S. and operates 221
agencies in 21 states. The company recognized revenues of $426
million for the twelve months ended September 30, 2016. Curo is
owned by private equity firm Thomas H. Lee L.P.

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



DAVITA INC: Veterans Affairs Accord Credit Positive, Moody's Says
-----------------------------------------------------------------
Moody's Investors Service commented that DaVita's (Ba3 stable)
settlement with the US Department of Veteran Affairs (VA) is credit
positive because it will boost the dialysis provider's already
strong liquidity profile. Under the terms of the settlement, DaVita
will be awarded $538 million in pre-tax consideration.



DEER MEADOWS: Can File Plan of Reorganization Until April 17
------------------------------------------------------------
Judge Peter C. McKittrick of the U.S. Bankruptcy Court for the
District of Oregon extended the deadline for Deer Meadows, LLC to
file its plan of reorganization and disclosure statement to April
17, 2017, and the exclusivity period to June 15, 2017.

Judge McKittrick had earlier extended the Debtor's the deadline on
an interim basis through January 31, 2017.

The Troubled Company Reporter had earlier reported that the Debtor
sought for exclusivity extension, contending that at the case
management conference, it had informed the Court that it was in
negotiations with a prospective purchaser of its real property and
business assets. That sale will likely occur with an anticipated
closing of April 1, 2017. The Debtor further contended that once
the sale is consummated, the Debtor will either (a) file a
liquidated plan, (b) seek to convert its case to a chapter 7 case
or seek to dismiss this case.

Accordingly, the Debtor believed it can propose a viable plan of
reorganization. Such that, if a liquidating plan is the chosen
path, the Debtor needs sufficient time to draft these documents,
circulate them to key creditors and parties in interest,
incorporate their input and finalize the documents before filing
them. But, if either conversion or dismissal is the chosen path, a
plan of reorganization will not be needed.

                  About Deer Meadows

Deer Meadows filed a Chapter 11 petition (Bankr. D. Ore. Case No.
16-33768) on Sept. 30, 2016.  The petition was signed by Kristin
Harder, manager.  The case is assigned to Judge Peter C.
McKittrick.  The Debtor estimated assets and liabilities at $1
million to $10 million at the time of the filing.

The Debtor is represented by Stephen T. Boyke, Esq., at the Law
Office of Stephen T. Boyke.  The Debtor hires JCH Consulting Group,
Inc. as real estate broker; and Ogden Murphy Wallace PLLC as
special counsel.

Gail Brehm Geiger, the Acting United States Trustee for the
District of Oregon, appointed Suzanne Koenig, as the Patient Care
Ombudsman for Deer Meadows, LLC.


DESERT SPRINGS: Palm Springs Buying Cathedral Property for $4.3M
----------------------------------------------------------------
Judge Mark S. Wallace of the U.S. Bankruptcy Court for the Central
District of California will convene a hearing on Jan. 10, 2017 at
2:00 p.m. to consider Desert Springs Financial, LLC's bidding
procedures in connection with its sale of real property located at
68051 Ramon Road, Cathedral City, California, APN 680-190-034
("Bowling") and 57% interest in APN 680-190-036 to Palm Springs
Financial Group, LLC ("PSFG"), for $4,300,000, or to a higher and
better bidder, concurrently with the completion of the
court-approved sale of Towers, APN 680-190-033 and 43% interest in
APN 680-190-036 to GK Real Estate Group, LLC for $2,290,000 on Feb.
28, 2017, or other deadline as set by the court.

A hearing on the Motion is set for Feb. 21, 2017 at 2:00 p.m.
Objection deadline is 14 days prior to the hearing.

The Debtor owns 3 adjacent parcels of real property that are the
subject of the Motion.  The first is the Bowling and is the subject
of the Motion for approval of sale.  It is a commercial building
leased to Ramon Palm Lane, Inc. ("RPL"), facing west and is
operating as a bowling alley with a snack bar and grill and a small
pro shop.  It is identified as APN 680-190-034.  Ownership of the
parcel includes a 57% interest in an association membership of
Ramon Tower Business Park, Inc.  It also includes the rights and
obligations of Lessor arising from an existing lease with RPL and
guaranty of Yun Hei Shin and Jin Yeo Lee.

The sale of the second parcel was court approved on Nov. 8, 2016,
and is configured as a commercial office/retail property facing
north located at 68031 Ramon Road, Cathedral City, California
("Towers").  The parcel is identified as Assessor's Parcel Number
680-190-033-8.  Ownership of the parcel includes a 43% interest in
an association membership of Ramon Tower Business Park, Inc., which
association owns and controls the Parking Area servicing the
parcel.  The third is the Parking Area, APN 680-190-036 ("Parking
Area").

On July 20, 2016, the Debtor filed a motion for approval of sale of
the Towers property which was denied without prejudice on Aug. 24,
2017 because free and clear title could not pass to the purchaser
without consent of lienholders.  Lienholders did not consent.

A second motion was filed Oct. 3, 2016, but was never heard and
became moot upon the filing of a new motion.

A third motion for the sale of Towers and refinance of Bowling
property was heard and approved on Nov. 8, 2016.  The sale and
refinance were to be completed on Dec. 8, 2016.  The refinance
failed to materialize due to conditions of the lender that the
Debtor was unable to satisfy despite best efforts.  Socotra Capital
conditioned funding of the refinance loan upon receipt of financial
statements of the Lease Guarantors, Yun Hei Shin and Jin Yeo Lee.
Guarantors refused and failed to provide the requested financial
statements as required by the terms of the lease.  Socotra also
required general releases of liability from Ramon Palm Lane, Inc.,
and Yun Hei (Angie) Shin, individually, in favor of the Debtor and
Murray Altman, individually, including a waiver of the provisions
of California Civil Code Section 1542.  RPL/Shin declined to
provide the requested releases.  Thus, the conditions for funding
the refinance were not satisfied.  Nevertheless, the approved sale
of Towers remains ready to close.

On Dec. 13, 2016, a Motion to establish bid procedures and set the
date for approval of the sale of Bowling was filed and served with
a hearing date of Dec. 20, 2016.  The hearing date was continued by
the court sua sponte to Jan. 10, 2017.

On Dec. 20, 2016, a motion to extend the closing date on Towers and
approve the sale of the Bowling property to be closed concurrently
with Towers was filed and served with hearing date of Jan. 10,
2017.  Creditor RPL/Shin requested the motion be continued and the
court continued both the Motion and the motion to approve bid
procedures to Jan. 24, 2017.

At the hearing on Jan. 24, 2017, both motions were denied without
prejudice.  The court did not approve or establish proposed bid
procedures but denied the motion without prejudice.  With respect
to the motion to approve the sale, the Court noted that the Debtor
had not complied with LBR 6004-l(f), Publication of Notice of Sale
of Estate Property, and suggested that proposed bid procedures
included in a timely filed and published Notice of Sale will be
deemed adequate notice to potential bidders.

The escrow for the court-approved sale of Towers remains open and
the approved purchaser is ready to fund and close pending approval
of the sale.

The salient terms of the Purchase Agreement are:

   a. Purchased Property: The Bowling property is 25,000 sq. foot
commercial building (APN 680-190-034) and 57% interest in the
adjoining parking lot.  The building is currently being used and
operated as a bowling alley known as Palm Springs Lanes, operated
by Ramon Palm Lane, Inc. under lease effective Sept. 2, 2008 to
Sept. 30, 2023.  The purchase price includes transfer of Lessor's
rights and obligations arising from the lease from the Seller to
the Buyer upon close of escrow.

   b. Buyer:  Palm Springs Financial Group, LLC or Assignee,
through its members Kevin Sarkisyan and Levon Akhsharumov, with
offices at 13547 Ventura Blvd, Suite 217, Sherman Oaks, California
and 1241 S. Glendale Ave., Suite 2058, Glendale, California.

   c. Seller: Desert Springs Financial, LLC

   d. Purchase Price: $4,300,000

   e. Deposit: $500,000

   f. New Loan in the amount of $2,300,000.

   g. The Purchase Money Note from the Buyer in the amount of
$1,500,000 secured by the Purchase Money Deed of Trust to the
Seller.  The terms of the Purchase Money Note require monthly
interest-only payments to the Seller at 5% per annum from close of
escrow with the balance of principle and interest to be paid in
full within 30 months of close of escrow.  The Purchase Money Note
and Purchase Money Deed of Trust are junior and subordinate only to
the existing notes and/or the New Loan.  Should Proposed Purchaser
sell the property within 30 months of close of escrow, it will pay
Seller the amount of unpaid principle and interest on the Purchase
Money Note plus 25% of the net difference between the purchase
price set forth and the new sales price from the later sale or
$250,000, whichever is less.

   h. Sale Free and Clear: The Sales will be free and clear of all
liens, claims or interests subject to the unexpired leasehold
interests of 111 Smoke Shop and RPL.

   i. Breakup Fee: $50,000

On Nov. 8, 2016, the sale of an adjacent property, Towers, to GK
Real Estate Group for $2,290,000, all cash, was Court approved.
The escrow for the Towers sale is required to be concurrent with
the close of the Bowling property so title to both properties can
be transferred free and clear.  Thus, escrow for the sale and
escrow for the sale of Towers are to close concurrently and
simultaneously on or prior to a closing deadline to be approved by
the Court.  Should a qualified overbid be accepted and approved, it
will be subject to the same requirement.

RPL has a leasehold interest in the parcel based on a lease
effective Sept. 1, 2008 to Sept. 30, 2023, with an option for 10
year extension.  Monthly rent obligation is currently $49,790 per
month until Sept. 30, 2017, after which time it increases 5% and
increases 5% each year thereafter.  Projected rental income from
Feb. 1, 2017 to Sept. 30, 2023, is $4,665,550.  The tenant was
current with the monthly rental obligation through January 2017.
Rent for February will have become due before the hearing on the
Motion.  

If not paid, it will be applied to all or any portion of the
Security Deposit for the payment of any amount already due Lessor,
for Rents which will be due in the future, and/or to reimburse or
compensate Lessor for any liability, expense, loss or damage which
Lessor may suffer or incur by reason thereof.  The lessee's
obligations under the lease are personally guaranteed by Yun Hei
Shin and Jin Yeo Lee.  The sale of the parcel includes the transfer
of rights, obligations, and interests of the parties to the lease,
and any overbid would be subject to same.

A review of the case will reveal that the tenant and guarantor
(RPL/Shin) sued Debtor in state court asking, among other things,
that the lease be rescinded.  The State Court found the lease to be
valid and enforceable but the amount of rent was modified to the
amounts stated above.  A money judgment was awarded to RPL/Shin to
recover overpaid rent and attorney fees.  The overpaid rent with
interest will have been fully paid by Debtor as of the date of the
hearing of the Motion.

Bidders should also be aware and take note that the tenant and
guarantor have filed repeated objections in the bankruptcy case to
the sale of the adjacent Towers property to anyone but themselves.
They oppose the use of any portion of the Towers for marijuana
related business.  They have asked the bankruptcy court for an
order allowing, them to terminate the Bowling property lease and
guaranty without notice or opportunity to be heard should a tenant
of the Towers property operate a marijuana dispensary during the
term of the lease.  The court has not issued the requested order.

The existing liens (cross-collateralized) on Debtor's property
including Towers and Bowling, and adjacent parking parcel are:

          a. Yun Hei Shin: 1st mortgage.  Estimated balance
$2,521,661 as of Jan. 12, 2017, per Notice of Default recorded on
said date.  The Creditor claims it is approximately $2,900,000 per
purchase of Note.

          b. J&K Drywall and Metal Stud Framing, Inc.: Judgment
Lien. $14,883 per Abstract of Judgment recorded Sept. 30, 2010.

          c. RPL and Shin: Judgment lien.  The calculated balance
will be $1,211,031 as of Feb. 28, 2017.  This amount does not
include the disputed's creditor claim for post-judgment and
post-petition attorney fees and costs.  The creditor claims the
amount should be increased about $250,000 to $300,000 due to
interest, fees and costs.

The proposed sale of Bowling property is subject to higher and
better bids.

The salient terms of the Bidding Procedures are:

   a. Minimum Overbid: $4,400,000.  It may include up to $1,500,000
of seller financing.

   b. Bid Increment: Must be at least $50,000 more than the
previous qualified bid.

   c. Bid Deadline: Feb. 18, 2017

   d. Commission: Proposed Purchaser and the Seller of the Bowling
property are both represented by broker, Mike Radlovic.  Mr.
Radlovic agreed to accept reduced commission of 4% of the price
paid by the Proposed Purchaser for the Bowling property.  The
commission is to be paid to Coldwell Banker Commercial - SC;
Broker, Mike Radlovic, from escrow.

   e. Should an overbid on the Bowling property be accepted and
approved, commission of 5% as set forth in the listing agreement,
will be divided equally between Seller' broker and the Buyer's
broker, if any.

   f. PSFG is deemed to be a qualified bidder for the purposes of
bidding and overbidding.

   g. Credit Bidding: Secured creditors RPL/Shin will be entitled
to credit bid in the amount of their allowed claim(s).

   h. Auction: Feb. 21, 2017 at 9:00 a.m. at the Court.

   i. Free and Clear: The sale is free and clear of all liens,
claims, encumbrances and interests of any and every nature and kind
whatsoever and however arising.

A copy of the Agreement and Bidding Procedures attached to the
Motion is available for free at:

        http://bankrupt.com/misc/Desert_Springs_356_Sales.pdf

Assuming no overbid, the proposed distribution of each payments
based on the principle and interest tp Feb. 28, 2017, as set forth,
provides adequate assurance.

          a. Sale of Bowling Property                         
$4,300,000

          b. Sale of Towers                                   
$2,290,000

                (i) Note & DOT to DSF              $1,500,000
                (ii) Note secured by 1st DOT       $2,830,487
                (iii) RPL per POC with interest    $1,211,031
                (iv) J&K Drywall lien              $   14,883
                (v) Commission - Towers            $   80,150
                (vi) Commission - Bowling          $  172,000
                (vii) Property Taxes - Bowling     $    6,172
                (vii) Property Taxes - Towers      $   11,513

          c. Balance of Funds                                   $
763,765

The immediate completion of the sales is necessary for the orderly
reorganization of the Debtor given the relief of stay granted to
Shin who purchased the secured note and 1st Deed of Trust from
Pacific Premier Bank and judgment creditors RPL and Shin.  On Jan.
12, 2017, Shin recorded a Notice of Default on the Note.  The
90-day cure period will expire April 12, 2017.  The concurrent
closing of the purchase and the purchase of Towers will eliminate
the threat of foreclosure and will be of more benefit to the estate
and its stakeholders than a foreclosure sale.  Accordingly, the
Debtor asks the Court to approve the proposed sale of the Bowling
property pursuant to established Bid Procedures; and the concurrent
closing of escrows to transfer free and clear title to the Towers
and Bowling properties subject to the existing leases.

The Debtor asks the Court to waive the 14-day stay pursuant to the
FRBP Rule 6004(h) and that the property maybe sold immediately upon
the entry of the Order granting the relief requested.

                About Desert Springs Financial

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


DIANE MARIE ACCIAVATTI: NJ Supreme Court to Hear Legal Fees Rift
----------------------------------------------------------------
Jeannie O'Sullivan, writing for Bankruptcy Law360, reports that the
New Jersey Supreme Court has granted the requests of Rotenberg
Meril Solomon Bertiger & Guttilla PC and Elliot H. Gourvitz of
Gourvitz & Gourvitz LLC, creditors of former attorney Diane Marie
Acciavatti, to review a published appeals decision that anticipated
legal fees constitute a valid security interest.  Law360 relates
that questions arose during a dispute about the creditor
distribution priority of the bankrupt attorney's assets.

In August 2016, Law360's Ms. O'Sullivan reported that the New
Jersey Appellate Division for the first time clarified that
anticipated legal fees constitute a valid security interest under
the Uniform Commercial Code, handing a victory to a bankrupt
attorney's creditor who challenged the distribution priority of the
attorney's assets.

In a published opinion on an issue of first impression in New
Jersey courts, a three-judge panel upended a lower court's ruling
that creditor OKS Realty could collect on its $125,000 loan to
Acciavatti only after two other creditors got paid because
Acciavatti didn't yet have a true interest in the fees she pledged
to OKS as collateral.  The panel rejected the lower court judge's
reasoning that because Acciavatti secured the loan with anticipated
counsel fees from a malpractice lawsuit, they were an asset that
didn't exist at the time it was promised. The lower court judge's
reasoning "clearly ignored" the language of the security agreement
between OKS and Acciavatti, which identified the counsel fees as
collateral for the loan, the panel said.  The anticipated fees
indeed qualified as an account and therefore an asset of
Acciavatti's, under the secured transactions provision of UCC
guidelines, the panel ruled. OKS further complied with UCC
requirements to "perfect," or ensure, the security interest by
filing a financing statement covering the collateral of
Acciavatti's anticipated counsel fees, the opinion said.

The December 2010 statement was filed before the other creditors,
accounting firm Rotenberg Meril Solomon Bertiger & Guttilla PC and
the law firm Gourvitz & Gourvitz LLC, entered their own liens
against Acciavatti.

Acciavati filed for bankruptcy in March 2014.


DIRECTBUY HOLDINGS: Westchester Fire Tries to Block Auction
-----------------------------------------------------------
Vince Sullivan, writing for Bankruptcy Law360, reports that
Westchester Fire Insurance Co., the issuer of surety bonds on
behalf of DirectBuy Holdings Inc., filed with the U.S. Bankruptcy
Court for the District of Delaware an objection to the Debtor's
proposed bidding procedures for the Debtor's planned Chapter 11
auction includes a list of contracts and leases to be assumed and
assigned or rejected.  The report adds that the list includes a
cash collateral agreement held by the surety.

According to Law360, Westchester Fire said that the plan to assign
the surety's cash collateral agreement won't fly.  

                    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 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.


ENTERCOM COMMS: CBS Merger Won't Impact Moody's B1 Corp Rating
--------------------------------------------------------------
Moody's Investors Service says Entercom Communications Corp.'s
announcement that it has entered into a merger agreement with CBS
Radio Inc. is expected to be a credit positive, but is not expected
to lead to a change in the B1 corporate family rating. The existing
debt at CBS Radio, including $960 million of term loan B and $400
million of senior notes, is expected to remain outstanding as the
change of control provision was not triggered by the transaction,
while the $480 million of existing debt at Entercom will be
refinanced with a new $500 million term loan B.

Entercom Communications Corp., headquartered in Bala Cynwyd, PA, is
one of the largest US radio broadcasters based on revenue. Revenue
for the 12 months ended September 30, 2016 was $455 million.


EXTREME OUTDOOR: Hires R Todd Luoma as Special Counsel
------------------------------------------------------
Extreme Outdoor Adventures, LLC seeks authorization from the U.S.
Bankruptcy Court for the Eastern District of California to employ
R. Todd Luoma as special counsel with respect to tax matters and
specifically the claim of the California State Board of
Equalization ("BOE"), effective January 17, 2017.

The Debtor requires Mr. Luoma to:

   (a) represent the Debtor with regard to tax matters and in
       particular the disputed claim of the BOE;

   (b) advise and represent the Debtor with respect to the claim
       of the BOE within the present Chapter 11 case; and

   (c) communicate with and negotiate as necessary with the BOE
       and other parties of interest in this case.

The Debtor and Mr. Luoma propose that compensation be on an hourly
basis. Mr. Luoma's hourly date is $490 per hour.

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

R. Todd Luoma of Williams & Associates, P.C. assured the Court that
the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estate.

Mr. Luoma can be reached at:

       R. Todd Luoma, Esq.
       LAW OFFICE OF WILLIAMS & ASSOCIATES, P.C.
       3600 American River Drive Suite 135
       Sacramento, CA 95864
       Tel: (916) 488-8501
       Fax: (916) 488-8196
       E-mail: Todd@WilliamsTaxLaw.com

Extreme Outdoor Adventures, LLC filed a Chapter 11 bankruptcy
petition (Bankr. E.D. Cal. Case No. 17-20204) on Jan. 12, 2017.
The Hon. Christopher D Jaime presides over the case.


EXTREME OUTDOOR: Taps Stephen Reynolds as Attorney
--------------------------------------------------
Extreme Outdoor Adventures, LLC seeks authorization from the U.S.
Bankruptcy Court for the Eastern District of California to employ
Stephen M. Reynolds of Reynolds Law Corporation as attorney, nunc
pro tunc to January 17, 2017.

The Debtor requires Reynolds Law to:

   (a) prepare and file complete schedules and statements in
       support of relief under Chapter 11 of the United States
       Code;

   (b) advise and represent the Debtor within the present Chapter
       11 case;

   (c) obtain employment of professionals as necessary for the
       proper administration of the estate and case;

   (d) obtain court authority for the use of cash collateral;

   (e) communicate with and negotiate as necessary with the
       creditors and other parties of interest in this case;

   (f) obtain Court authority for any and all actions necessary to

       the administration of the estate, including funding;

   (g) propose and obtain confirmation of a Plan of
       Reorganization;

   (h) all other actions necessary for the proper administration
       of the estate; and

   (i) obtain court authority for the sale of certain property of
       the estate.

The Debtor and Mr. Reynolds propose that compensation be on an
hourly basis. Mr. Reynolds' hourly date is $350 per hour. Reynolds
Law received $ 12,000 as a prepetition retainer. Of that sum $1,717
was used to pay the Chapter 11 filing fee and $6,650 for
prepetition legal fees.

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

Stephen M. Reynolds 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. Reynolds can be reached at:

       Stephen M. Reynolds, Esq.
       REYNOLDS LAW CORPORATION
       424 Second Street, Suite A
       Davis, CA 95616
       Tel: (530) 297-5030
       Fax: (530) 297-5077
       E-mail: sreynolds@lr-law.net

Extreme Outdoor Adventures, LLC filed a Chapter 11 bankruptcy
petition (Bankr. E.D. Cal. Case No. 17-20204) on Jan. 12, 2017.
The Hon. Christopher D Jaime presides over the case.


FAHEY EXTERIORS: Swift Financial Wants to Stop Cash Use
-------------------------------------------------------
Swift Financial Corporation d/b/a Swift Capital asks the U.S.
Bankruptcy Court for the Southern District of West Virginia to
prohibit Fahey Exteriors, LLC from using its cash collateral.

Swift Financial believes that the Debtor has continued to use its
cash collateral as a debtor-in-possession, without Swift
Financial's consent or without having filed any motion seeking
authority from the Court.  Swift financial says that the Debtor has
made no effort to ensure that Swift Financial's cash collateral is
adequately protected, putting Swift Financial's security in
immediate jeopardy, at risk of diminution without adequate
protection.

Swift Financial relates that it has entered into a Future
Receivables Sale Agreement with the Debtor.  Pursuant to the
Agreement, the Debtor sold to Swift Financial all of its rights and
interest on its Future Receivables in a certain dollar value and
was required to pay to Swift Financial 8% of its Future
Receivables.  The dollar value of the Future Receivables sold by
the Debtor was $99,675.  The Purchase Price paid by Swift Financial
was $75,000.

However, Swift Financial further relates that, to date, the is
delinquent in payments and owes Swift Financial $75,519, plus fees
and costs, including reasonable attorneys’ fees, all of which
continue to accrue.

Swift Financial tells the Court that it objects to the Debtor's
continued use of Cash Collateral because the Debtor retained no
rights in the existing and future receivables as it has already
sold these to Swift Financial, and thus the Debtor may not use the
cash proceeds of those receivables as cash collateral.

Swift Financial Corporation is represented by:

            Ann R. Starcher, Esq.
            Spencer D. Elliott, Esq.
            LEWIS, GLASSER, CASEY & ROLLINS, PLLC
            300 Summers Street, Suite 700
            P.O. Box 1746
            Charleston, WV 25326
            Phone: (304) 345-2000
            Fax: (304) 343-7999

               About Fahey Exteriors, LLC

Fahey Exteriors, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. S.D.W. Va. Case No. 16-30572) on December 15, 2016.  The
Petition was signed by Joshua Fahey, Member.  At the time of
filing, the Debtor estimated assets at $50,000 to $100,000 and
liabilities at $500,000 to $1 million.

The Debtor is represented by Joe M. Supple, Esq., at Supple Law
Office PLLC.  Dunn Cooper Adkins & Reynolds, PLLC serves as the
Debtor's accountant.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Fahey Exteriors, LLC, as of
Jan. 20, 2017 according to a court docket.


FARR ENTERPRISES: Court Allows Cash Collateral Use Until Feb. 24
----------------------------------------------------------------
Judge J. Craig Whitley of the U.S. Bankruptcy Court for the Western
District of North Carolina authorized Farr Enterprises, Inc., to
use cash collateral on an interim basis until Feb. 24, 2017 at
10:30 a.m.

Reid and Patsy Scott hold a perfected, prepetition lien upon the
rents collected from the use of the Debtor's property located at
9066 Camp Firestone Drive, Nebo, North Carolina, by virtue of a
certain Deed of Trust.

The Debtor is authorized to use cash collateral in the ordinary
course of business to pay for ordinary and customary expenses
associated with the ownership and business of a marina, including
the payment of regular mortgage payments to Morganton Savings Bank
in the monthly amount of $6,251 and the U.S. Small Business
Administration in the monthly amount of $1,526.

The Scotts are granted valid, attached, choate, enforceable,
perfected and continuing security interests in, and liens upon all
post-petition assets of the Debtor of the same character and type,
to the same extent and validity as the liens and encumbrances of
the Scotts attached to the Debtor's assets pre-petition.

The Debtor is directed to make an adequate protection payment to
the Scotts in the amount of $3,000 on or before Feb. 3, 2017.

A full-text copy of the Interim Order, dated Jan. 30, 2017, is
available at
http://bankrupt.com/misc/FarrEnterprises2016_1640291_49.pdf

Reid and Patsy Scott are represented by:

          Jimmy R. Summerlin, Jr., Esq.
          YOUNG, MORPHIS, BACH & TAYLOR, LLP
          P.O. Drawer 2428
          Hickory, NC 28603
          Telephone: (828) 322-4663

Morganton Savings Bank is represented by:

          Roderick H. Willcox, Jr., Esq.
          WILLCOX LAW FIRM, PLLC
          216 N. Sterling Street, Suite A
          Morganton, NC 28655
          Telephone: (828) 433-1333

                    About Farr Enterprises, Inc.

Farr Enterprises Inc. filed a Chapter 11 bankruptcy petition
(Bankr. W.D.N.C. Case No. 16-40291) on July 1, 2016. The petition
was signed by Laura Aulgur, president.  Hon. Craig J. Whitley
presides over the case.  Edward C. Hay, Jr., Esq., at  Pitts, Hay &
Hugenschmidt P.A. represents the Debtor as counsel.  In its
petition, the Debtor estimated $2.11 million in assets and $1.9
million in liabilities.


FINJAN HOLDINGS: Subsidiary Issued its First U.S. Patent
--------------------------------------------------------
Finjan Holdings, Inc., announced that its subsidiary, Finjan
Mobile, Inc., received its first patent. U.S. Patent No. 9,554,279
was issued on Jan. 24, 2017, and is titled "Authorized Areas of
Authentication."

"Finjan's return to development and reclaiming of its position as a
leading cybersecurity technology company has been aggressive and
purposeful.  The issuance of our first patent in Finjan Mobile is a
huge milestone," said Phil Hartstein, president and CEO of Finjan
Holdings.  "While we are using many of Finjan's existing patents in
our Mobile products, it remains essential that we meet the growing
consumer demand for privacy and protection, which is why we
continue to innovate outside of our landmark technology and are
working to offer the best-in-class mobile privacy and security
offerings in our products."

Finjan Mobile is focused on providing state-of-the-art cyber
technologies in a mobile platform, previously only available in
business and enterprise applications.  Much of Finjan's early
patented inventions form the base of Finjan Mobile's VitalSecurity
Secure Browser with development of new technologies continuing
today, as demonstrated by the current patent issuance.  The Gen3
VitalSecurity offering is being installed on roughly 1000 new
devices each day.  Additional features and functions are expected
in Gen3.5 with a planned launch in the first quarter of 2017.
Finjan Mobile's VitalSecurity products are available for download
on Android and iOS platform devices.

                        About Finjan

Finjan, formerly known as Converted Organics, is a leading online
security and technology company which owns a portfolio of patents,
related to software that proactively detects malicious code and
thereby protects end-users from identity and data theft, spyware,
malware, phishing, trojans and other online threats.  Founded in
1997, Finjan is one of the first companies to develop and patent
technology and software that is capable of detecting previously
unknown and emerging threats on a real-time, behavior-based basis,
in contrast to signature-based methods of intercepting only known
threats to computers, which were previously standard in the online
security industry.

Finjan Holdings reported a net loss of $12.6 million in 2015, a
net loss of $10.5 million in 2014 and a net loss of $6.07 million
in 2013.

As of Sept. 30, 2016, Finjan had $15.04 million in total assets,
$4.57 million in total liabilities, $13.68 million in redeemable
preferred stock and $3.22 million in stockholders' deficit.


FIRST PHOENIX-WESTON: Simplicity to be Paid 4% Per Annum Over 7 Yrs
-------------------------------------------------------------------
First Phoenix-Weston LLC and FPG & LCD, L.L.C. filed with the
Western District of Wisconsin a joint disclosure statement dated
Jan. 30, 2017, referring to the Debtors' plan of reorganization.

Class 3A Allowed Security Claim of Simplicity Credit Union against
Weston -- estimated at $31,182 -- will retain the vehicle against
which Simplicity holds lien position.  Simplicity's Claim will be
paid by Weston in equal monthly installments, amortized over seven
years at a rate of 4% per annum.

Class 5 Intercompany Claims against FPG, estimated at $600,405,
will be offset and any remaining balance will be paid in quarterly
installments in amounts equal to 10% of the Debtor's net income
after estimating for necessary, accrued income taxes.  FPG reserves
the right to object to Weston's filed claim within 30 days of the
Effective Date.

Class 7 General Unsecured Claims against Weston, estimated at
$120,561, and against FPG, estimated at $113,940, will be paid in
full in four installments, occurring 3, 9, 15, and 21 months after
the Effective Date.  First Phoenix Group LLC will waive any
distribution to which it may be entitled under the Plan by either
the Debtor.  Any creditor in Class 7 may elect to have its claim
reduced to $2,500 and paid as Class 8 Claim, Convenience Claims.

Funding on the cash payments due on the Effective Date will be from
the Debtors' operations during the Chapter 11 cases.  Funding of
the Plan's future installments to creditors will come from the
normal operations of the Debtors' business after confirmation of
the Plan.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/wiwb16-12820-210.pdf

The Court has set for March 10, 2017, a preliminary hearing on the
confirmation of the Plan.  Ballots are to be returned to the
counsel for the Debtors by March 3, 2017, which is also the
deadline for the filing of objections to the confirmation of the
Plan.

As reported by the Troubled Company Reporter on Jan. 30, 2017, the
Debtors filed with the Court a joint disclosure statement and
accompanying joint plan of reorganization dated Jan. 23, 2017,
which proposed that Debtors pay Class 6 Sabra Unsecured Claim --
estimated at $4,773,4383 -- at a rate of 4% per annum over 35 years
with no prepayment penalties.

                   About First Phoenix-Weston

First Phoenix-Weston, LLC, and FPG & LCD, L.L.C., were formed in
2010 to organize, develop, and manage an assisted living and
skilled nursing care facility near three major regional hospitals
in Central Wisconsin including St. Clare's Hospital, which is just
a block away.  The Facility combines an assisted living facility
together with a skilled nursing facility in a resort-like
atmosphere for its patients.  The business is commonly known as the
"Stoney River" assisted living and rehab.  The Facility is
comprised of two integrated businesses: a 35-unit skilled nursing
rehabilitation center (commonly referred to as the skilled nursing
facility, or "SNF"), and a 60- unit assisted living facility (the
"ALF").

First Phoenix-Weston, LLC, and FPG & LCD, L.L.C., filed Chapter 11
bankruptcy petitions (Bankr. W.D. Wisc. Case Nos. 16-12820 and
16-12821) on Aug. 15, 2016.  The petitions were signed by Philip
Castleberg, as part-owner.  The Debtors estimate assets and
liabilities in the range of $10 million to $50 million.  Michael
Best & Friedrich LLP serves as counsel to the Debtors.


FORBES ENERGY: Disclosure Statement Hearing Set for March 8
-----------------------------------------------------------
The Hon. David R. Jones of the U.S. Bankruptcy Court for the
District of Texas will hold a hearing on March 8, 2017, at 10:00
a.m. (prevailing Central Time) at 1133 N. Shoreline Blvd., Corpus
Christi, Texas, to consider the adequacy of the disclosure
statement explaining the prepackaged Chapter 11 plan filed by
Forbes Energy Services Ltd. and certain of its debtor-affiliates.
Objections, if any, are due Feb. 27, 2017, at 5:00 p.m. (prevailing
Central Time).

As reported by the Troubled Company Reporter on Jan. 26, 2017,
under the Plan, holders of Class 5 General Unsecured Claims --
estimated at approximately $4 million to $8 million -- is
unimpaired, and will receive payment in full under the Plan.

The Plan is supported by the Debtors and the supporting noteholders
representing approximately 65.40% of the allowed senior unsecured
notes claims.  After months of active and arm's-length
negotiations, the Debtors, in consultation with its advisors,
reached agreement on the terms of the Plan with the supporting
noteholders, representing a substantial majority by principal
amount of the Holders of Senior Unsecured Notes Claims.  The
Debtors believe that the Plan is the best restructuring alternative
reasonably available to the Debtors.  Because holders of Senior
Unsecured Notes Claims are the only impaired creditor class under
the Plan, only the holders are entitled to vote on the Plan.

Through confirmation of the Plan, the Debtors will restructure and
substantially deleverage its balance sheet; obtain new exit
financing on advantageous terms; reduce its cash interest expense
to a level that is aligned with its expected future cash flows; and
retain additional flexibility to invest in growth initiatives to
maximize enterprise value.

The Debtors had outstanding debt having a principal amount of over
$300 million.  Upon emergence from Chapter 11, the Reorganized
Debtors expect to have outstanding debt primarily consisting of
obligations under a contemplated $50 million term loan Exit
Facility.

Pursuant to the Restructuring Support Agreement, the Debtors have
obtained the agreement of Holders of approximately 65.40% in
principal amount of the Senior Unsecured Notes to vote in support
of the Plan.  The Senior Unsecured Notes represent $280 million in
principal obligations owed by the Debtors, plus projected accrued
interest of approximately $32 million as of Jan. 23, 2017.  Under
the Plan, the Senior Unsecured Notes will be exchanged for $20
million in cash and 100% of the New Common Stock in Reorganized
Parent, subject to dilution on account of shares issued or
available for issuance under the Management Incentive Plan.
Allowed Secured Claims either will be reinstated or paid in full
under the Plan.  Equity Interests in FES Ltd., inclusive of the
Existing Preferred Stock, will be extinguished.

The Plan is feasible and will be implemented with existing
cash-on-hand and $50 million of funding under the Exit Facility to
be made available to the Reorganized Debtors by participating
Holders of the Senior Unsecured Notes who become Exit Facility
lenders.  The Exit Facility will be backstopped by certain of the
largest Holders of the Senior Unsecured Notes.

The Debtors have a forbearance agreement in place with the Senior
Secured Lenders through Dec. 28, 2016.  The Debtors are negotiating
an extension of forbearance through Jan. 31, 2017, which the
Debtors expect to execute in the near future.  In the event that
agreement on a forbearance extension is not reached, the Debtors
may be required to repay the revolving advances under the Senior
Secured Loan Agreement, or to commence a bankruptcy case prior to
the conclusion of the solicitation period on the Plan.

The Disclosure Statement is available at:

            http://bankrupt.com/misc/txsb17-20023-8.pdf

                       About Forbes Energy

Alice, Texas-based Forbes Energy Services Ltd. (OTC Pink: FESL) --
http://www.forbesenergyservices.com/-- is an independent oilfield
services contractor that provides a broad range of drilling-related
and production-related services to oil and natural gas companies,
primarily onshore in Texas and Pennsylvania.

The Company's balance sheet at Sept. 30, 2016, showed total assets
of $332.6 million, total liabilities of $337.0 million, $15.10
million series B senior convertible preferred shares, and a
stockholders' deficit of $19.57 million.

Forbes Energy Services Ltd. filed voluntary petitions for
reorganization under chapter 11 of the United States Bankruptcy
Code (Bankr. S.D. Tex. Lead Case No. 17-20023) on Jan. 22, 2017 for
itself and its principal subsidiaries pursuant to the terms of the
previously disclosed Restructuring Support Agreement with certain
holders of the Company's 9% senior unsecured notes due 2019.  

The Debtors' financial advisors is Alvarez & Marsal Holdings, LLC.

The Debtors' investment bankers is Jefferies LLC.  The Debtors'
corporate and securities counsel is Winstead PC.  The Debtors'
solicitation and balloting consultants is Kurtzman Carson
Consultants LLC.

The Debtors had $332.57 million in total assets and $337.03 million
in total debts as of Sept. 30, 2016.


FORBES ENERGY: Wants to Use Regions Bank Cash Collateral
--------------------------------------------------------
Forbes Energy Services Ltd. and its affiliated Debtors seek
authorization from the U.S. Bankruptcy Court for the Southern
District of Texas to use cash collateral and the proceeds of all
collateral pledged to Regions Bank, in its capacity as agent for
itself and certain other financial institutions.

The Debtors believe that as of the Petition Date, the balance in
the Pledged Cash Collateral Account is $27,562,703.

The Debtors, with the assistance of their advisors, developed a
cash flow forecast and Budget for the use of Cash Collateral
pending consummation of the Plan.  The proposed Budget reflects a
total cash flow of $600,000 from January 20, 2017 through March 24,
2017.

The Debtors believe that absent access to cash collateral to make
the expenditures contemplated by the Budget, they would be required
to convert their cases to chapter 7 and liquidate on a piecemeal
basis, causing irreparable harm to the Debtors and their estates.
The Debtors contend that they have an urgent and immediate need for
cash collateral.

As of the Petition Date, the Debtors were jointly and severally
indebted and liable to Regions Bank for outstanding revolver loans
in the principal amount of $15,000,000; certain Bank Product
Obligations, reimbursement obligations in respect of letters of
credit, which had an aggregate face amount of $9,012,098; and fees,
expenses, and other costs, reasonable attorneys' fees and charges.

Pursuant to the Loan Documents, the Debtors granted Regions Bank
security interests in and liens upon all:

     (1) the deposit account of Forbes Energy Services LLC;

     (2) all deposits or other remittances at any time made to and
balances in the Pledged Cash Collateral Account;

     (3) any and all investments made at any time of any balances
in the Pledged Cash Collateral Account; and

     (4) any and all proceeds of any of these properties.

The Debtors propose to grant Regions Bank valid, binding,
enforceable and automatically perfected liens on and security
interests in all personal property of each Debtor that is of the
same type or nature as the Pre-Petition Collateral whether
acquired, created, or existing prior to, on or after the Petition
Date, and all cash and non-cash proceeds of such personal
property.

The Debtors propose to pay Regions Bank, in cash, interest and fees
that have accrued in respect of the Pre-Petition Debt at the rates
specified in the Loan Agreement and the other Loan Documents.  As
additional adequate protection, the Debtors will pay Regions Bank,
in cash, the reasonable and documented out-of-pocket expenses
incurred by Regions Bank, payable or reimbursable under any of the
Loan Documents, including, but not limited to, fees and
disbursements of counsel.

Regions Bank will also be granted an administrative priority claim
under section 507(b) of the Bankruptcy Code in the amount, if any,
should the protections afforded for the Debtors' use, sale,
consumption or disposition of any Pre-Petition Collateral prove to
be inadequate.

A full-text copy of the Debtor's Motion, dated January 19, 2017, is
available at https://is.gd/yZP9Ac

Regions Bank is represented by:

          William R. Greendyke, Esq.
          NORTON ROSE FULBRIGHT US LLP
          Fulbright Tower
          1301 McKinney, Suite 5100
          Houston, Texas 77010-3095
          Telephone No.: (713) 651-5193
          E-mail: william.greendyke@nortonrosefulbright.com

          -- and --
          
          Eric W. Anderson, Esq.
          PARKER, HUDSON, RAINER & DOBBS, LLP
          303 Peachtree Street NW, Suite 3600
          Atlanta, Georgia 30308
          Telephone No.: (404) 420-4331
          E-mail: eanderson@phrd.com

                  About Forbes Energy

Alice, Texas-based Forbes Energy Services Ltd. (OTC Pink: FESL) --
http://www.forbesenergyservices.com/-- is an independent oilfield
services contractor that provides a broad range of drilling-related
and production-related services to oil and natural gas companies,
primarily onshore in Texas and Pennsylvania.

Forbes Energy Services Ltd. and its affiliates Forbes Energy
Services LLC, C.C. Forbes, LLC, TX Energy Services, LLC and Forbes
Energy International, LLC filed a Chapter 11 petition (Bankr. S.D.
Tex. Case No. 17-20023, Bankr. S.D. Tex. Case No. 17-20024, Bankr.
S.D. Tex. Case No. 17-20025, Bankr. S.D. Tex. Case No. 17-20026,
and 17-20027, respectively), on January 22, 2017.  The petitions
were signed by Melvin L. Cooper, senior vice president and chief
financial officer. The cases are assigned to Judge David R Jones.


The Debtors are represented by Kenneth Green, Esq., at Snow Spence
Green LLP and Richard M. Pachulski, Esq., at Pachulski Stang Ziehl
& Jones LLP.

The Debtors' financial advisor is Alvarez & Marsal Holdings, LLC.
The Debtors' investment banker is Jefferies LLC.  The Debtors'
corporate and securities counsel is Winstead PC.  The Debtors'
solicitation and balloting consultant is Kurtzman Carson
Consultants LLC.

The Company's balance sheet at Sept. 30, 2016, showed total assets
of $332.6 million, total liabilities of $337.0 million, $15.10
million series B senior convertible preferred shares, and a
stockholders' deficit of $19.57 million.

The Debtors disclosed $332.57 million in total assets and $337.03
million in total debts as of Sept. 30, 2016.


FOREST PARK MEDICAL: Treatment of Employee Claims Amended
---------------------------------------------------------
Forest Park Medical Center, LLC, filed with the U.S. Bankruptcy
Court for the Eastern District of Texas a disclosure statement for
holders of claims in Class 1 in connection with its first amended
plan of liquidation, dated Jan. 20, 2017.

Class 1 creditors are composed of persons and similar persons with
a current or prior contractual relationship with the Debtor or the
Other Entities for the rendition of personal services to or for the
benefit of the Debtor.

Because the $1.54 million held by the Debtor would normally be used
exclusively to satisfy the Allowed $5.17 million Administrative
Claims of the Hospital Landlords, the Debtor has negotiated an
option for employees and similar persons with a current or prior
contractual relationship with the Debtor or the Other Entities for
the rendition of personal services to or for the benefit of the
Debtor to elect to receive payments under the Plan by electing to
become Holders of Allowed Class 1 Claims. This is called making the
"Class 1 Election."

Holders of Allowed Class 1 Claims with a Texas Workforce Commission
(TWC) Order in their favor may vote on their Ballot to receive a
Distribution equal to:
  
  (i) the amount of any TWC Order in favor of such Holder without
interest, fees or charges;

(ii) minus any amounts paid to such Holder on account of any TWC
Order in favor of such Holder;

(iii) plus $500.00.

However, the amounts in (i) and (ii), when combined, may not exceed
$12,475.00, because the Bankruptcy Code limits the maximum amount
of priority claims that any individual may assert against a debtor
in bankruptcy to $12,475.00.  For demonstrative purposes only, an
Allowed Class 1 Claim Holder with a TWC Order in favor of the
Holder in the amount of $5,000 who has previously received $1,000
under the TWC Order will receive a single Distribution of $5,000,
minus $1,000 previously received, plus $500, for a total payment of
$4,500.  An Allowed Class 1 Claim Holder with a TWC Order in favor
of that Holder in the amount of $15,000 who has previously received
$1,000 under the TWC Order will receive a single Distribution of
$12,475.00 plus $500, for a total payment of $12,975.00.

Holders of Allowed Class 1 Claims who do not have a TWC Order
rendered in their favor will receive a single Distribution equal
to:

   (i) that Holder's Allowed unpaid wage, salary, personal service
or commission claims, which arise out of that Holder's rendition of
personal services to or for the benefit of the Debtor, excluding
vacation, severance, sick or other employee benefits of any kind,
without interest, fees or charges as reflected in the Debtor's
books and records and not to exceed $12,475.00;

(ii) plus $500.00.

For demonstrative purposes only, an Allowed Class 1 Claim Holder
without a TWC Order in favor of that Holder but who has unpaid
wages in the amount of $1,500 will receive a single Distribution of
$1,500 plus $500 for a total payment of $2,000.  An Allowed Class 1
Claim Holder without a TWC Order in favor of that Holder but who
has unpaid wages in the amount of $15,000 will receive a single
Distribution of $12,475, plus $500, for a total payment of $12,975.


From and after the Effective Date, the Debtor will continue in
existence solely for the purposes consistent with the terms of this
Plan, which include:

   (1) effectuating the Wind Down by the Plan Administrator,

   (2) liquidating the Assets, enforcing and prosecuting Causes of
Action, interests, rights and privileges of
the Debtor and the Estate,

   (3) resolving Disputed Claims,

   (4) administering this Plan and taking such actions as are
necessary to effectuate this Plan, and

   (5) filing appropriate tax returns. The Debtor shall also
maintain those books, records and bank accounts necessary to
effectuate the liquidation and Wind Down of the Estate.

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

          http://bankrupt.com/misc/txeb16-40302-314.pdf

Forest Park Medical Center at Fort Worth, LLC, is a doctor-owned
Texas limited liability company that owns and operates the Forest
Park Medical Center, a state of the art medical facility,
including
private rooms, family suites and intensive care rooms located in
West Fort Worth, Texas.  The hospital employs 175 persons on a
full-time or part-time basis.  The hospital offers a broad range
of
surgical services.

Forest Park Medical Center at Fort Worth filed a Chapter 11
bankruptcy petition (Bankr. N.D. Tex. Case No. 16-40198) in Ft.
Worth, Texas, on Jan. 10, 2016.  Judge Russell F. Nelms presides
over the case.

The Debtor estimated assets of $10 million to $50 million and debt
of $50 million to $100 million.

J. Robert Forshey, Esq., and Jeff P. Prostok, Esq., at Forshey &
Prostok, LLP, serve as the Debtor's Chapter 11 counsel.  Ronald
Winters at Alvarez & Marsal Healthcare Industry Group, LLC serves
as the Debtor's CRO.  The Debtor tapped SSG Advisors, LLC and
Chiron Financial Group, Inc. as co-investment bankers.

Vibrant Healthcare Fort Worth, LLC, and FPMC Services, LLC run the
Debtor's hospital in Forth Worth.  Vibrant is the manager of the
hospital operations of Debtor, and FPMC Services employs the
employees at Debtor's hospital and those dedicated to servicing
the
hospital's "back office" operations.  They are represented by
William A. Brewer III, Esq., Michael J. Collins, Esq., and Robert
M. Millimet, Esq., at Brewer, Attorneys & Counselors.

An Official Committee of Unsecured Creditors has been appointed in
this case by the United States Trustee, and is represented by Cole
Schotz PC and Arent Fox, LLP lawyers.


FORT WALKER: Lanciones Buying Beaufort County Property for $800K
----------------------------------------------------------------
Fort Walker Holdings, LLC, asks the U.S. Bankruptcy Court for the
Western District of Pennsylvania to authorize the sale of real
property located at 31 Fort Walker Drive, Lot 3, Section M-2, Port
Royal Plantation, Beaufort County, South Carolina, to Richard and
Joyce Lancione, or their assigns, for $800,000.

The Debtor owns the property.  The Debtor has executed Contract of
Sale – Offer and Acceptance, dated Dec. 14, 2016, with the Buyers
for the purchase of the property.  Ernest money in the amount of
$40,000 is being held in escrow by Carolina Realty Group.  The
property is being sold as-is, where-is.

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

          http://bankrupt.com/misc/Fort_Walker_43_Sales.pdf

The Respondents which may hold liens, claims and encumbrances
against the Real Property are: (i) Branch Banking & Trust; (ii)
Beaufort County Treasurer; (iii) Thomas W. Bunch, II; (iv) SunTrust
Bank; (v) Internal Revenue Service; (vi) South Carolina Department
of Revenue; and (vii) The Association of Landowners of Port Royal
Plantation, Inc.

The liens, claims and encumbrances will be transferred to the
proceeds of the sale, if and to the extent that they may be
determined to be valid liens against the property in accordance
with their validity and priority.

The Debtor believes that the proposed sale is fair and reasonable
and acceptance and approval of the same is in the best interest of
the Estate.  Accordingly, the Debtor asks that the Court enter an
Order approving the sale of the property to the Buyers or their
assigns free and clear of all liens, claims and encumbrances.

The Purchasers can be reached at:

          Richard and Joyce Lancione
          7 Hamilton Drive
          Bluffton, SC 29909

                   About Fort Walker Holdings

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

The Debtor employs Carolina Realty Group as real estate broker.

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


FULLER PROPERTIES: Hearing on Plan Confirmation Set For March 15
----------------------------------------------------------------
The Hon. Keith L. Phillips of the U.S. Bankruptcy Court for the
Eastern District of Virginia has scheduled for March 15, 2017, at
10:30 a.m. the hearing to consider the confirmation of the Chapter
11 plan filed by Fuller Properties, LLC, on Dec. 22, 2016.

Objections to the confirmation of the Plan must be filed by March
8, 2017, which is also the last day for filing written acceptances
or rejections to the Plan.

No later than 35 days prior to the Confirmation Hearing, the
proponent of the Plan will mail to creditors, equity security
holders, and other parties-in-interest, and transmit to the U.S.
Trustee, the Plan, a ballot conforming to Official Form 14, and a
notice of the Confirmation Hearing.  

                      About Fuller Properties

Fuller Properties, LLC, sought Chapter 11 protection (Bankr. E.D.
Va. Case No. 15-35083) on Oct. 1, 2015.  The petition was signed by
Lee A. Barnes, Jr., managing member.  The Debtor estimated assets
and liabilities in the range of $100,001 to $500,000.  The Debtor
tapped Troy Savenko, Esq., at Kaplan, Voekler, Cunningham & Frank,
PLC, as counsel.


GAINESVILLE HOSPITAL: Jerry Carpenter Is Committee Chairperson
--------------------------------------------------------------
Jerry Carpenter of Morrison Management Specialists, Inc., has been
designated as chairperson of the official committee of unsecured
creditors of Gainesville Hospital District.

As reported by the Troubled Company Reporter on Feb. 3, 2017,
William T. Neary, the U.S. trustee for Region 6, on Feb. 1
appointed these five creditors to serve on the official committee
of unsecured creditors:

     (1) Jerry Carpenter
         MORRISON MANAGEMENT SPECIALISTS, INC.
         4721 Morrison Drive, Suite 300
         Mobile, AL 36609
         Tel: (251)-461-3020
         Fax: (251)-461-3193
         E-mail: jerrycarpenter@iammorrison.com

     (2) Roger McMullen
         AMERISOURCEBERGEN DRUG CORP.
         10910 Lee Vista Boulevard, Suite 401
         Orlando, FL 32829
         Tel: (407)-454-6637
         E-mail: rmcmullen@amerisourcebergen.com

     (3) Colleen Steig
         MEDTRONIC
         800 53RD Avenue NE, MS SLK27
         Columbia Heights MN 55421-1241
         Tel: (763)-505-6538
         Fax: (763)-367-1403
         E-mail: colleen.m.stieg@medtrontic.com

     (4) Justin B. Tilley
         NORTHSTAR ANESTHESIA, P.A.
         6225 N. State Highway 121, Suite 200
         Irving, TX 75038
         Tel: (214)-687-0532
              (214)-687-0996
         E-mail: Justin.tilley@northstaranesthesia.com

     (5) Dean Tullis
         VOICE PRODUCTS SERVICE LLC
         8555 e. 32ND Street N.
         Wichita, KS 67226
         Tel: (316)-616-1111
         Fax: (316)263-1823
         E-mail: dtullis@voiceproducts.com

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

              About Gainesville Hospital District

Gainesville Hospital District filed a Chapter 9 petition (Bankr. E.
D. Tex. Case No. 17-40101) on Jan. 17, 2017.  The petition was
signed by Ramin Roufeh, chief executive officer.  

The Debtor is represented by Julie Goodrich Harrison, Esq., and
Ryan Manns, Esq., at Norton Rose Fulbright US LLP.

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


GATEWAY CASINOS: Moody's Affirms B2 Corporate Family Rating
-----------------------------------------------------------
Moody's Investors Service affirmed Gateway Casinos & Entertainment
Limited's B2 corporate family rating (CFR) and B2-PD probability of
default rating, and assigned Ba3 and Caa1 ratings respectively to
the company's proposed first lien credit facilities and second lien
notes. The Ba3 and Caa1 ratings respectively on Gateway's existing
first lien credit facilities and second lien notes are unchanged
and will be withdrawn when the refinance transaction closes.
Moody's also withdrew the SGL rating. The ratings outlook remains
stable.

Gateway is refinancing its existing debt capital with new US$440
million first lien term loan and US$255 million second lien notes.
Net proceeds will be used to repay existing debt (C$532 million),
fund the purchase of two Ontario gaming bundles it won in December
2016 (C$192 million), pay a dividend to shareholders (C$100
million), and return excess cash to the balance sheet (C$69
million). The company plans to put in place a C$125 million
revolver, which will be undrawn at close.

Ratings Assigned:

C$125 million secured revolving credit facility due 2022, Ba3
(LGD3)

US$440 million first lien term loan due 2023, Ba3 (LGD3)

US$255M second lien notes due 2024, Caa1 (LGD5)

Ratings Affirmed:

Corporate Family Rating, B2

Probability of Default Rating, B2-PD

Ratings Unchanged:

C$60 million revolving credit facility due 2018, Ba3 (LGD3); to be
withdrawn at close

First lien term loan A due 2018 (C$198 million outstanding), Ba3
(LGD3); to be withdrawn at close

First lien term loan B due 2019 (C$117 million outstanding), Ba3
(LGD3); to be withdrawn at close

C$200 million second lien notes due 2020, Caa1 (LGD5); to be
withdrawn at close

Rating Withdrawn:

SGL-3 Speculative Grade Liquidity, WR

Outlook:

Remains Stable

RATINGS RATIONALE

Gateway's B2 CFR primarily reflects its high pro forma leverage
(adjusted Debt/EBITDA) of 6x, small revenue size, and event risk
from shareholder-friendly financial policies, but mitigated by the
substantial barriers to entry and favorable gaming regulatory
environment in Canada, and its good market position. The rating
also reflects the company's improved diversity by region and
property after winning two Ontario gaming bundles, and its
eligibility for capital spending reimbursement programs in British
Columbia. The rating presumes that EBITDA growth and mandatory term
loan amortization will enable leverage to decline towards 5.5x
within the next 12 to 18 months.

Gateway has adequate liquidity. The company's sources of liquidity
total about C$196 million while it has mandatory debt repayments of
about C$6 million annually and about C$75 million of expected
negative free cash flow in 2017, resulting from capital spending on
the Ontario properties, a casino renovation and rebranding in
Alberta, and expansion and relocation of British Columbia
properties. Moody's expects about C$45 million of negative free
cash flow in 2018 due to additional capital spending on the Ontario
properties. Gateway's liquidity is supported by pro forma cash of
C$96 million when the refinance transaction closes, and about C$100
million of availability under its new C$125 million revolving
credit facility due in 2022, after accounting for letters of
credit. The company's new revolver will be subject to a total net
leverage covenant with step downs. While the thresholds are yet to
be set, Moody's expects cushion to exceed 25% through the next 4
quarters. Gateway has limited ability to generate liquidity from
asset sales as its assets are encumbered.

The stable outlook reflects Moody's expectation that EBITDA growth
will enable Gateway to reduce leverage towards 5.5x within 12 to 18
months.

An upgrade to B1 will be considered if Gateway achieves meaningful
organic growth and further diversifies its earnings stream while
sustaining adjusted Debt/EBITDA below 5x (pro forma 6x) and
EBIT/Interest above 2x (pro forma 0.8x). Gateway's rating could be
downgraded to B3 if adjusted Debt/EBITDA is sustained above 6.5x
and EBIT/Interest below 1x. Additionally, the company's rating
could be lowered if liquidity deteriorates, likely due to
substantial negative free cash flow generation than anticipated.

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

Gateway Casinos & Entertainment Limited operates 18 gaming
properties located in British Columbia and Alberta. With two new
Ontario bundles and potential new builds, the company will operate
29 gaming properties. The company is majority owned by The Catalyst
Capital Group Inc. and is headquartered in Burnaby, British
Columbia.



GATOR EQUIPMENT: Court Allows Cash Collateral Use on Final Basis
----------------------------------------------------------------
Judge Robert Summerhays of the U.S. Bankruptcy Court for the
Western District of Louisiana authorized Debtor Gator Crane
Services, LLC to use 1st Source Bank's cash collateral on a final
basis.

The approved 13-week Budget covered the weeks beginning on the week
ending Jan. 20, 2017 and ending April 14, 2017.  The Budget
provided for total expenses in the amount of $115,700 for the
period  beginning on the week ending Feb. 3, 2017 through the week
ending March 3, 2017.

Judge Summerhays gave the Debtor 60 days from the date of the
Court's Final Order to object to 1st Source Bank's prepetition
claim and security interest.  The Debtor will be deemed to have
acknowledged 1st Source Bank's prepetition claim and security
interest if it does not make an objection.

1st Source Bank is granted a security interest in and lien upon the
cash collateral and its proceeds, products, rents, offspring and
profits, in the same respective priority 1st Source held prior to
the Petition Date.

The Debtor is directed to properly insure 1st Source Bank's
collateral and name 1st Source Bank as loss payee.  The Debtor was
further directed to allow 1st Source Bank to inspect its collateral
on commercially reasonable terms and conditions.

The Debtor is ordered to provide 1st Source Bank with aged accounts
receivable reporting, showing the amount of both pre and
post-petition receivable son the 1st and 15th days of each month.

The Debtor's use of cash collateral will terminate on the earliest
to expire of:

     (1) the effective date of a plan confirmed under 11 U.S.C.
Section 1129;

     (2) the dismissal or conversion of the Chapter 11 case to a
case under Chapter of Title 11 of the United States Code;

     (3) the appointment of a trustee or examiner under Bankruptcy
Code Section 1104; or

     (4) further order of the Court.

A full-text copy of the Agreed Final Order, dated Jan. 30, 2017, is
available at
http://bankrupt.com/misc/GatorEquipment2016_1651667_173.pdf

A full-text copy of the approved Budget, dated Jan. 30, 2017, is
available at
http://bankrupt.com/misc/GatorEquipment2016_1651667_173_1.pdf

1st Source Bank is represented by:

          Steve Jacobson, Esq.
          SIMON PERAGINE SMITH & REDFEARN LLP
          110 Poydras St., 30th Floor
          New Orleans, LA 70163
          Telephone: (504) 569-2030
          E-mail: stevej@spsr-law.com
          
               About Gator Equipment Rentals of Iberia

Gator Equipment Rentals of Iberia, LLC, Gator Equipment Rental of
Fourchon, LLC, Gator Crane Services, LLC, and Gator Equipment
Rentals, LLC, filed Chapter 11 petitions (Bankr. W.D. La. Case Nos.
16-51667, 16-51668, 16-51669, and 16-51671) on Dec. 5, 2016.  Judge
Robert Summerhays oversees the Debtors' cases.  The Debtors are
represented by Paul Douglas Stewart, Jr., Esq., Brandon A. Brown,
Esq., and Ryan J. Richmond, Esq., at Stewart Robbins & Brown LLC.
They also have employed BlackBriar Advisors, LLC to provide a chief
restructuring officer; and Gordon Brothers Asset Advisors, LLC as
equipment appraisers.

Gator Equipment Rentals of Iberia and Gator Equipment Rentals of
Fourchon each listed under $50,000 in assets and between $1 million
and $10 million in liabilities.  Gator Crane Service, and Gator
Equipment Rentals listed between $1 million and $10 million in both
assets and liabilities.


GERALEX INC: Plan Amended to Add More Tort Claimants
----------------------------------------------------
Geralex, Inc., on Jan. 26 filed with the U.S. Bankruptcy Court for
the Northern District of Illinois a disclosure statement explaining
its latest plan to exit Chapter 11 protection.

Under the latest plan, two more tort claimants were added to Class
2, which consists of holders of unliquidated tort claims.  

Class 2 now consists of four members: Nicole Caliendo, Barbara
Pfneisl, Howard Freedberg and Mary Buck.  These tort claimants will
retain all rights and remedies they have against the company and
under applicable law, according to the latest disclosure
statement.

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

https://is.gd/ADyLMl

                       About Geralex Inc.

Geralex, Inc., is an Illinois corporation with its principal place
of business in Chicago, Illinois.  The company provides janitorial
services to commercial and government facilities, such as airports
and schools. It has been in business since 2003.  It is owned by
Alejandra Alvarado (60%) and Gerardo Alvarado (40%).

The Debtor sought Chapter 11 protection (Bankr. N.D. Ill. Case No.
16-06479) on Feb. 26, 2016.  The Debtor is represented by William
J. Factor, Esq., and Z. James Liu, Esq., at FactorLaw.

No trustee, examiner, or committee has been appointed in the case.


GIBLET INC: Can Use Colorado Department of Revenue Cash Collateral
------------------------------------------------------------------
Judge Joseph G. Rosania, Jr. of the U.S. Bankruptcy Court for the
District of Colorado authorized The Giblet, Inc. to use the
Colorado Department of Revenue's cash collateral.

The Colorado DOR is granted the following adequate protection:

     (1) The Debtor will provide replacement liens on all
post-petition accounts and accounts receivable to the extent that
the use of cash collateral results in a decrease in the value of
the collateral.

     (2) The Debtor will maintain adequate insurance coverage on
all personal property assets and adequately insure against any
potential loss.

     (3) The Debtor will provide the Colorado DOR periodic reports
and information filed with the Bankruptcy Court, including
debtor-in-possession reports.

     (4) The Debtor will only expend cash collateral for the
purpose of ordinary business expenses, including the purchase of
replacement inventory, payment of employee wages, and overhead
expenses.

     (5) The Debtor will timely file all reports and returns with
the Colorado DOR and pay all post-petition taxes due thereunder.

     (6) The Debtor will preserve and maintain in good condition
all collateral in which the Colorado DOR has an interest.

     (7) The Debtor will pay the Colorado DOR the sum of $1,182.21
on a monthly basis, beginning on January 15, 2017, which
constitutes repayment of the $59,393 Tax Claim plus interest at the
statutory rate of 6% amortized over 58 months.

The Debtor's use of cash collateral will cease in the event that
the Debtor defaults in the provision of adequate protection, or
should the Debtor fail to confirm a plan of reorganization within
the time allowed under Chapter 11 of the Bankruptcy Code.

A full-text copy of the Order, dated Jan. 30, 2017, is available at

http://bankrupt.com/misc/TheGiblet2016_1621427jgr_35.pdf

                     About The Giblet, Inc.

The Giblet, Inc., filed a Chapter 11 bankruptcy petition (Bankr. D.
Colo. Case No. 16-21427) on November 22, 2016.  The Petition was
signed by Jason Pechek, authorized representative.  At the time of
filing, the Debtor estimated assets at $100,000 to $500,000 and
liabilities at $500,000 to $1 million.

The Debtor is represented by Robert J. Shilliday, III, Esq., at
Vorndran Shilliday, P.C.


GRAND VOLUTE: Use of Fifth Third Bank Cash Until Feb. 23 OK
-----------------------------------------------------------
Judge James W. Boyd of the U.S. Bankruptcy Court for the Western
District of Michigan authorized Grand Volute Ballrooms, LLC, to
continue using Fifth Third Bank's cash collateral through February
23, 2017, the date on which the Court has scheduled the
confirmation hearing on the Debtor's First Amended Plan.

Judge Boyd held that all provisions of the Court's Sept. 19, 2016
Cash Collateral Order will continue to apply and control in
relation to the Debtor's continued use of cash collateral.

The Debtor is directed to make monthly payments of $7,020 to Fifth
Third Bank, beginning on Dec. 15, 2016, so long as the Court's
Order remains in place.  The Debtor is further directed to provide
an updated cash flow projection covering the time period from
Jan. 23, 2017 through Feb. 23, 2017, within five days from the
entry of the Court's Order.

A final hearing on the Debtor's use of cash collateral is scheduled
on Feb. 23, 2017 at 11:00 a.m.

A full-text copy of the Order, dated Jan. 30, 2017, is available at

http://bankrupt.com/misc/GrandVolute2016_1604314jwb_104.pdf

                  About Grand Volute Ballrooms

Grand Volute Ballrooms, LLC, based in Lowell, Michigan, filed a
Chapter 11 petition (Bankr. W.D. Mich. Case No. 16-04314) on Aug.
19, 2016.  The petition was signed by Kent O. McKay, sole member.
The case is assigned to Judge James W. Boyd.  The Debtor is
represented by James R. Oppenhuizen, Esq., at Oppenhuizen Law Firm,
PLC.  The Debtor disclosed $2.27 million total assets and $3.45
million total liabilities.  

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


GRANITE ACQUISITION: Moody's Cuts Corporate Family Rating to B1
---------------------------------------------------------------
Moody's Investors Service downgraded the corporate family rating
(CFR) and senior secured rating of Granite Acquisition Inc., to B1
from Ba3. The secured second lien debt was lowered to B3 from B2.
Primary reason for the downgrade was continued pressure on
Granite's earnings and cash flows from sustained weaker power
prices in the markets where Granite's primary subsidiary
Wheelabrator Technologies (Wheelabrator) operates. The outlook
remains negative.

Downgrades:

Issuer: Granite Acquisition, Inc.

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

-- Corporate Family Rating, Downgraded to B1 from Ba3

-- Senior Secured Second Lien Bank Credit Facility, Downgraded to
B3 (LGD6) from B2 (LGD6)

-- Senior Secured Bank Credit Facility, Downgraded to B1 (LGD3)
from Ba3 (LGD3)

Outlook Actions:

Issuer: Granite Acquisition, Inc.

-- Outlook, Remains Negative

Affirmations:

Issuer: Granite Acquisition, Inc.

--  Speculative Grade Liquidity Rating, Affirmed SGL-2

RATINGS RATIONALE

"The weak commodity price environment will continue to pressure the
company's energy margins on a sustained basis, lowering Moody's
expectations of cash flow to debt to the high single digits
percent," stated Jairo Chung, Moody's analyst. "The company's high
merchant exposure of over 60% of power produced, combined with the
upcoming expiration of high priced PPAs in 2019, keeps Moody's
outlook negative" added Chung.

The B1 CFR reflects the continued high exposure to a low commodity
pricing environment through its merchant energy segment, as well as
higher construction risk and foreign currency exchange risk through
the three projects being developed in the U.K. The rating benefits
from the stable disposal segment, which accounts for a little more
than half the company's revenues, is highly contracted and provides
relatively stable earnings and cash flows.

Granite is currently developing and constructing three new
facilities in the U.K. All three projects, North Wales, Kemsley and
Ferrybridge 2, are expected to be in service in mid-2019. These
projects are expected to be financed through debt raised at the
project level. Although these additional debt do not directly
impact Granite's balance sheet, they increase the overall
consolidated leverage of the family. They also add construction
risk as well as foreign currency exchange risk to Granite's
business risk profile.

Highly contracted disposal volume and pricing provide a stable
financial foundation for Granite's earnings and cash flows. Moody's
expect its disposal volume to remain steady through 2017 and a
slight uptick in average pricing, resulting from the contracts
renewed in 2016.

We expect Granite's near-term key credit metrics to be more in line
with its 2016 level. For example, the company's three-year average
cash flow from operation pre-working capital (CFO pre-WC) to debt
should range around high single digits over the next 12-18 months.
While key metrics should benefit as Granite continues to reduce its
debt level through the cash sweep mechanism, cash flows could
weaken as some of Granite's high priced PPAs begin to expire in
2019.

Liquidity

Granite's SGL-2 reflects Moody's expectations that the company will
maintain an adequate liquidity over the next 12 months. Moody's
expects Granite's internal cash flows to be adequate to finance
ongoing operations and to maintain an adequate cash balance.
Construction of the UK projects has already been financed with
long-term debt at the project level. Granite has access to a
committed $145 million credit facility which is currently fully
available. The facility has a Debt/EBITDA covenant of 6.75x with
which the company is currently compliant, although this ratio
declines to 4.75x starting June 2018. Granite has limited access to
alternative sources of liquidity in a stress scenario as its assets
are encumbered.

Rating Outlook

The negative outlook reflects Moody's expectations that Granite's
financial ratios may weaken as its higher priced contracts expire
in 2019 if commodity prices continue to remain low; as well as
higher business risk during the construction phase of the three new
U.K. projects. It also incorporates Moody's expectations that the
disposal segment continues to provide a stable foundation for
Granite's earnings and cash flows.

Factors that Could Lead to an Upgrade

Considering the recent downgrade, it is unlikely that Granite's
rating will be upgraded over the next 12-18 months. A stabilization
of the outlook would require the company to maintain key credit
metrics such as CFO pre-WC to debt in the high single digits on a
sustained basis.

Factors that Could Lead to a Downgrade

A rating downgrade is likely if Granite's key credit metrics
further deteriorate such as CFO pre-WC to debt is sustained at the
mid-single digits. Also, if the company's business risk increases
as its contracted component of the revenue decreases significantly,
or if company faces material operational difficulties, unexpected
capital expenditures or incurs additional debt, a downgrade is
likely to be considered.

Granite Acquisition, Inc., through its wholly-owned subsidiary
Wheelabrator Technologies, Inc., is the second largest
waste-to-energy (WtE) facility operator in the U.S. Wheelabrator
owns and operates 17 WtE facilities, including Ferrybridge 1 in the
U.K., operates 4 IPP facilities and 4 ash landfills. It currently
has three projects under development or construction in the U.K.

The principal methodology used in these ratings was Unregulated
Utilities and Unregulated Power Companies published in October
2014.



GREAT BASIN: Has 465.4M Outstanding Common Shares as of Jan. 27
---------------------------------------------------------------
On Jan. 26 and 27, 2017, certain holders of the 2016 Notes were
issued shares of Great Basin Scientific, Inc.'s common stock
pursuant to Section 3(a)(9) of the United States Securities Act of
1933, (as amended) in connection with conversions at the election
of the holder pursuant to the terms of the 2016 Notes, as amended.
In connection with the conversions, the Company issued 64,550,000
shares of common stock.  As per the terms of the 2016 Notes, as
amended, these pre-installment shares immediately reduced the
principal amount outstanding of the 2016 Notes by $204,480 at a
conversion price between $0.00288 and $0.00360 per share.

As of Jan. 27, 2017, a total principal amount of $2.3 million of
the 2016 Notes has been converted into shares of common stock.
Approximately $72.7 million in note principal remains to be
converted.  Restrictions on a total of $9.8 million in the
Company's restricted cash accounts has been released including $6.0
million at closing and $3.8 million in early release from the
restricted cash accounts.  $58.2 million remains in the restricted
cash accounts to have the restrictions removed and become available
to the Company at future dates pursuant to terms of the 2016
Notes.

As of Jan. 27, 2017, there are 465,396,774 shares of common stock
issued and outstanding.

In connection with the conversions of the 2016 Notes, the exercise
prices of certain of the Company's issued and outstanding
securities were automatically adjusted to take into account the
conversion price of the 2016 Notes.  The exercise price of the
following security was adjusted as follows.

As of Jan. 27, 2017, the Company has outstanding Series B Warrants
to purchase 36 shares of common stock of the Company.  The Series B
Warrants include a provision which provides that the exercise
prices of the Series B Warrants will be adjusted in connection with
certain equity issuances by the Company.  As a result of the
Conversions, as of Jan. 27, 2017, the exercise price for the Series
B Warrants was adjusted from $436,310 to $420,107 per share of
common stock.

                      About Great Basin

Great Basin Scientific is a molecular diagnostic testing company
focused on the development and commercialization of its patented,
molecular diagnostic platform designed to test for infectious
disease, especially hospital-acquired infections.  The Company
believes that small to medium sized hospital laboratories, those
under 400 beds, are in need of simpler and more affordable
molecular diagnostic testing methods.  The Company markets a system
that combines both affordability and ease-of-use, when compared to
other commercially available molecular testing methods, which the
Company believes will accelerate the adoption of molecular testing
in small to medium sized hospitals.  The Company's system includes
an analyzer, which it provides for its customers' use without
charge in the United States, and a diagnostic cartridge, which the
Company sells to its customers.

Great Basin reported a net loss of $57.9 million in 2015 following
a net loss of $21.7 million in 2014.

As of Sept. 30, 2016, Great Basin had $83.40 million in total
assets, $144.9 million in total liabilities, and a total
stockholders' deficit of $61.47 million.

Mantyla McReynolds, LLC, in Salt Lake City, Utah, issued a "going
concern" opinion in its report on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company has incurred substantial losses from operations causing
negative working capital and negative operating cash flows.  These
issues raise substantial doubt about its ability to continue as a
going concern, the auditors said.


GREAT BASIN: To Seek Approval of Stock Split at Special Meeting
---------------------------------------------------------------
Great Basin Scientific, Inc., will hold a special meeting of
shareholders for the purposes of approving a reverse stock split of
the Company's issued and outstanding shares and an increase in the
number of authorized shares.  In relation thereto, the Board of
Directors of the Company has set Jan. 31, 2017, as the record date
for shareholders entitled to notice and to vote at the upcoming
special meeting of shareholders.

                       About Great Basin

Great Basin Scientific is a molecular diagnostic testing company
focused on the development and commercialization of its patented,
molecular diagnostic platform designed to test for infectious
disease, especially hospital-acquired infections.  The Company
believes that small to medium sized hospital laboratories, those
under 400 beds, are in need of simpler and more affordable
molecular diagnostic testing methods.  The Company markets a system
that combines both affordability and ease-of-use, when compared to
other commercially available molecular testing methods, which the
Company believes will accelerate the adoption of molecular testing
in small to medium sized hospitals.  The Company's system includes
an analyzer, which it provides for its customers' use without
charge in the United States, and a diagnostic cartridge, which the
Company sells to its customers.

Great Basin reported a net loss of $57.9 million in 2015 following
a net loss of $21.7 million in 2014.

As of Sept. 30, 2016, Great Basin had $83.40 million in total
assets, $144.9 million in total liabilities, and a total
stockholders' deficit of $61.47 million.

Mantyla McReynolds, LLC, in Salt Lake City, Utah, issued a "going
concern" opinion in its report on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company has incurred substantial losses from operations causing
negative working capital and negative operating cash flows.  These
issues raise substantial doubt about its ability to continue as a
going concern, the auditors said.


HAGGEN HOLDINGS: Wants Plan Exclusivity Extended to March 8
-----------------------------------------------------------
HH Liquidation, LLC f/k/a Haggen Holdings, LLC and its affiliated
Debtors request the U.S. Bankruptcy Court for the District of
Delaware to further extend the exclusive periods during which only
the Debtors may file a chapter 11 plan and solicit acceptances of a
plan, to the latest deadline permitted by the Bankruptcy Code,
specifically March 8, 2017 and May 8, 2017, respectively.

The Debtors relate that since commencing these chapter 11 cases,
their management and professionals have devoted significant
resources to preserving and maximizing the value of their estates,
stabilizing business operations, and ensuring a smooth transition
of the Debtors' operations into chapter 11, while also pursuing a
strategic divestiture of their assets, a multi-step sale process of
their business operations, for the benefit of all stakeholders.

The Debtors tell the Court that they have not had sufficient time
to capitalize on their work with interested parties to determine
whether the Debtors can propose a viable chapter 11 plan due to the
tasks that they have been consumed with to date in furtherance of
such divestitures and other circumstances of these chapter 11
cases.

The Debtors also relate that all throughout the Chapter 11 process,
they have endeavored to establish and maintain cooperative working
relationships with their primary creditor constituencies. They are
currently focusing their efforts on working with interested parties
to bring these chapter 11 cases to an orderly conclusion.

At this stage, the Debtors tell the Court that an extension of the
Exclusive Periods will allow them to work with these parties to
determine whether they can pursue a consensual chapter 11 plan,
which will ultimately be to the benefit of all of the various
constituencies.

The Official Committee of Unsecured Creditors supports the Debtors'
final extension of the Exclusive Periods.

A hearing on the Debtors' request for further exclusivity extension
will he held on March 9, 2017 at 2:00 p.m. Any objections are due
by February 15, 2017.

                           About Haggen Holdings

Headquartered in Bellingham, Washington, Haggen was founded in 1933
as a single grocery store.  From 1933 to 2014, Haggen grew into a
30 store family-run grocery chain, with stores located in the
northwestern United States.  From 2011 to 2014, Haggen reduced its
store base to 18, including a stand-alone pharmacy location.

Haggen rapidly expanded in 2014 and 2015, and, as of the Petition
Date, Haggen owned and operated 164 stores through three operating
companies: Haggen, Inc., Haggen Opco North, LLC and Haggen Opco
South, LLC.

Haggen Holdings, LLC, and its affiliates filed Chapter 11
bankruptcy petitions (Bankr. D. Del. Case Nos. 15-11874 to
15-11879) on Sept. 8, 2015, with the intention of reorganizing, or
selling as a going concern, their stores for the benefit of their
creditors.

The petitions were signed by Blake Barnett, the chief financial
officer.

The Debtors estimated assets of $50 million to $100 million and
estimated liabilities of $10 million to $50 million.

Young, Conaway, Stargatt & Taylor, LLP, is serving as the Debtors'
local counsel.  Stroock & Stroock & Lavan LLP serves as the
Debtors' general counsel.  Alvarez & Marsal North America, LLC,
acts as the Debtors' financial advisor.  Kurtzman Carson
Consultants LLC serves as the Debtors' claims and noticing agent.

T. Patrick Tinker, assistant U.S. Trustee for Region 3, appointed
seven creditors to the official committee of unsecured creditors.
Pachulski Stang Ziehl & Jones LLP serves as counsel to the
Committee.  Giuliano, Miller & Company, LLC, serves as tax advisors
to the Committee.

                               *     *     *

Following the sale of core assets, Haggen Holdings LLC changed its
name to HH Liquidation, LLC.


HAMPSHIRE GROUP: Creditors' Panel Opposes 37.5% Pay Raise for CFO
-----------------------------------------------------------------
Matt Chiappardi, writing for Bankruptcy Law360, reports that the
unsecured creditors committee of Hampshire Group, Limited, filed
with the U.S. Bankruptcy Court for the District of Delaware an
objection to the Debtor's request to give its chief financial
officer an up to 37.5% raise.  

According to Law360, the Committee claimed that the raise would
essentially be a retention plan for a top-level executive that
defies Chapter 11 rules.  

Law36 relates that Committee said that it doesn't object to the
retention of GRL Capital Advisors LLC employee William Drozdowski
at the same salary, about $40,000 per month.

                     About Hampshire Group

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. Case Nos. 16-12634 to 16-12636) on Nov. 23, 2016,
to facilitate the orderly wind-down of their business operations.
The petitions were signed by Paul Buxbaum, president and chief
executive officer.

Hampshire Group disclosed $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.   

Pachulski Stang Ziehl & Jones LLP and Blank Rome LLP have been
tapped as counsel to the Debtors.  William Drozdowski of GRL
Capital Advisors LLC has also been tapped as the Debtors' chief
financial officer.  

The U.S. Trustee for Region 3 has appointed five creditors to serve
in the official unsecured creditors committee in the case.
Gavin/Solmonese LLC serves as financial advisor to the Committee.


HILTZ WASTE: Allowed to Use Cash Collateral Until February 27
-------------------------------------------------------------
Judge Joan N. Feeney of the U.S. Bankruptcy Court for the District
of Massachusetts authorized Hiltz Waste Disposal, Inc. to use cash
collateral on an interim basis until February 27, 2017.

The Debtor was authorized to expend cash, deposits and cash
equivalents for its operations consistent with and up to the
amounts set forth in the Debtor's most recent cash flow projection.
The Debtor was also authorized to pay monthly rent of $10,000 to
Kondelin Road, LLC for its use and occupancy of premises located at
24 and 25 Kondelin Road, Gloucester, MA.

The Debtor was directed to make adequate protection payments of
$34,000 per month to First Ipswich Bank.

First Ipswich Bank was granted a valid, binding enforceable and
perfected replacement and continuing security interest in, and lien
on all of the Debtor's pre-petition and post-petition assets, to
the same extent, validity and priority held by First Ipswich Bank
as of the petition date.  First Ipswich Bank was also granted a
superpriority claim under Section 507(b) of the Bankruptcy Code.

The Debtor was directed to submit updated financials for the week
ending February 24, 2017 by February 27, 2017, and to give a status
report regarding the progress of the sale at the continued hearing.


A further hearing on the Debtor's use of cash collateral is
scheduled on February 28, 2017 at 10:30 a.m.  The deadline for the
filing of objections to the Debtor's further use of cash collateral
is set on February 27, 2017.

A full-text copy of the Order, dated January 31, 2017, is available
at https://is.gd/Bb600V

                About Hiltz Waste Disposal

Hiltz Waste Disposal, Inc., filed a chapter 11 petition (Bankr. D.
Mass. Case No. 16-13459) on Sept. 7, 2016.  The petition was signed
by Deborah S. Hiltz, president.  The case is assigned to Judge Joan
N. Feeny.  At the time of the filing, the Debtor estimated assets
and liabilities at $1 million to $10 million.  

The Debtor is represented by Aaron S. Todrin, Esq., at Sassoon &
Cymrot, LLP.   The Debtor employed Silverman, Avila & Gershaw, CPAs
as accountants.

The Official Committee of Unsecured Creditors of Hiltz Waste
Disposal, Inc. employed Morrissey Wilson & Zafiropoulos, LLP as
counsel to the Committee, effective as of October 19, 2016.


HOUSTON PLATE: Voluntary Chapter 11 Case Summary
------------------------------------------------
Debtor: Houston Plate Processing, Inc.
        12255 FM 529 Road
        Houston, TX 77041

Case No.: 17-30603

Chapter 11 Petition Date: February 2, 2017

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

Judge: Hon. Karen K. Brown

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

Total Assets: $1.13 million

Total Liabilities: $2.30 million

The petition was signed by Jeremiah E. Thompson, 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/txsb17-30603.pdf


ILLINOIS POWER: Genco Wins Confirmation of Chapter 11 Plan
----------------------------------------------------------
Dynegy Inc. (NYSE: DYN) and Illinois Power Generating Company
(Genco), an indirect, wholly owned subsidiary of Dynegy, announced
that on Jan. 25 the United States Bankruptcy Court for the Southern
District of Texas, Houston Division, confirmed the Genco Chapter 11
plan of reorganization. The plan confirmation clears the way for
Genco to emerge from Chapter 11 and complete its financial
restructuring, likely within the next few weeks.

After the confirmation hearing on Jan. 25, the Court confirmed the
Plan, ruling that Genco had met all requirements to confirm the
Plan.

The Plan significantly reduces Genco's indebtedness and improves
its liquidity by converting approximately $825 million of senior
debt into a combination of senior debt and equity of Dynegy and
cash.

The Plan provides that, among other things, on account of each
Allowed Noteholder Claim:

     (1) each Eligible Holder shall receive its Pro Rata share
         (across all Noteholder Claims) of:

         (a) $210.0 million aggregate principal amount of New
             Dynegy Notes,

         (b) 10 million New Dynegy Warrants and

         (c) $100,693,750 in cash, and

     (2) each Non-Eligible Holder shall receive an amount in cash
         equal to the sum of:

         (a) the principal amount of New Dynegy Notes that such
             Non-Eligible Holder would receive under the Plan if
             it were an Eligible Holder,

         (b) its Pro Rata share (across all Noteholder Claims)
             of $15.0 million (representing Dynegy's valuation
             (using a Black Scholes valuation as of the end of the

             business day prior to the date of the Disclosure
             Statement) of the New Dynegy Warrants that such
             Non-Eligible Holder would receive under the Plan if
             it were an Eligible Holder) and

         (c) its Pro Rata share (across all Noteholder Claims) of
             $100,693,750.  

All other Allowed Claims are unimpaired under the Plan.

On the Effective Date, except as otherwise provided for in the
Plan, the Genco Notes shall be deemed extinguished, cancelled and
of no further force or effect and the holders of Allowed Noteholder
Claims shall only be entitled to receive the treatment provided
under the Plan.

The Plan provides that all of the Debtor's executory contracts and
unexpired leases, except as set forth in the Plan, shall be deemed
assumed as of the Effective Date, subject to the terms set forth
therein. The Plan also provides that, for each of the Debtor's
executory contracts to be assumed, the Debtor shall designate a
proposed cure. The deadline to object to a proposed cure, or any
other matter relating to assumption of such executory contracts and
unexpired leases, has passed.

Assuming distributions under the Plan are made on the Effective
Date, as of such date, in addition to (i) the New Dynegy Notes to
be issued in connection with the Plan and (ii) 117,305,185 shares
of issued and outstanding Dynegy Common Stock, approximately
8,653,000 shares of Dynegy Common Stock will be reserved for
issuance upon exercise of the New Dynegy Warrants.

A copy of the Confirmation Order is available at
https://is.gd/WHqFnp

                     About Illinois Power

Illinois Power Generating Company is an electric generation
subsidiary of Illinois Power Resources, LLC, which is an indirect
wholly-owned subsidiary of Dynegy Inc. The Company is
headquartered
in Houston, Texas and were incorporated in Illinois in March 2000.
It owns and operates a merchant generation business in Illinois.
The Company has an 80% ownership interest in Electric Energy,
Inc.,
which it consolidates for financial
reporting purposes. EEI operates merchant electric generation
facilities in Illinois and FERC-regulated transmission facilities
in Illinois and Kentucky.The Company also consolidates its
wholly-owned subsidiary, Coffeen and Western Railroad Company, for
financial reporting purposes.

As of June 30, 2016, the Company had $550 million in total assets,
$986 million in total liabilities, and a total deficit of $436
million.

Illinois Power filed a voluntary petition for reorganization under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex. Case No.
16-36326) on Dec. 9, 2016, to implement a consensual restructuring
of its senior unsecured note debt.  The Debtor hired Latham &
Watkins LLP and Andrews Kurth Kenyon LLP as bankruptcy co-counsel;
Ducera Partners LLC as financial advisor; and Epiq Bankruptcy
Solutions, LLC as claims, noticing and solicitation agent.  The
case is assigned to Judge Marvin Isgur.


IMH FINANCIAL: Redeems 196,278 Shares from CEO Lawrence Bain
------------------------------------------------------------
IMH Financial Corporation redeemed 196,278 shares of the common
stock of the Company, par value $0.01 per share, issued to Lawrence
D. Bain, the Company's chief executive officer, which were part of
an 850,000 restricted share grant awarded to Mr. Bain pursuant to a
Restricted Stock Award Agreement entered into between the Company
and Mr. Bain, dated as of June 1, 2015.  The Company paid Mr. Bain
$337,599 for the redeemed shares.

The shares were redeemed by the Company, upon the approval of the
Compensation Committee of the Board of Directors of the Company,
pursuant to an election made by Mr. Bain under Section 83(b) of the
Internal Revenue Code of 1986 and the Award Agreement pursuant to
which the parties agreed to make arrangements for the satisfaction
of tax withholding requirements associated with the stock award.

                     About IMH Financial

Scottsdale, Ariz.-based IMH Financial Corporation was formed from
the conversion of IMH Secured Loan Fund, LLC, or the Fund, a
Delaware limited liability company, on June 18, 2010.  The
conversion was effected following a consent solicitation process
pursuant to which approval was obtained from a majority of the
members of the Fund to effect the Conversion Transactions and
involved (i) the conversion of the Fund from a Delaware limited
liability company into a Delaware corporation named IMH Financial
Corporation, and (ii) the acquisition by the Company of all of the
outstanding shares of the manager of the Fund Investors Mortgage
Holdings Inc., or the Manager, as well as all of the outstanding
membership interests of a related entity, IMH Holdings LLC, or
Holdings on June 18, 2010.

IMH Financial reported a net loss attributable to common
shareholders of $18.90 million on $32.49 million of total revenue
for the year ended Dec. 31, 2015, compared to a net loss
attributable to common shareholders of $39.46 million on $31.4
million of total revenue for the year ended Dec. 31, 2014.

As of Sept. 30, 2016, IMH Financial had $172.77 million in total
assets, $109.49 million in total liabilities, $31.49 million in
redeemable convertible preferred stock and $31.77 million in total
stockholders' equity.


INTERNATIONAL SHIPHOLDING: Sale of Vessel to Oslo for $3.3M Okayed
------------------------------------------------------------------
Judge Stuart M. Bernstein of the U.S. Bankruptcy Court for the
Southern District of New York authorized the sale by International
Shipholding Corp. and its affiliates of one of their vessels, the
Oslo Wave (IMO: 9190092), to Oslo Bulk Holding Pte. Ltd. for
$3,300,000.

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

The sale and transfer of the Vessel to the Buyer will occur as soon
as practicable and not later than Feb. 28, 2017, with the effective
date of the sale and transfer of the Vessel to the Buyer to be Jan.
1, 2017, as reflected in the APA.

Notwithstanding anything contained in the Motion, the effective
date of the rejection of the Bareboat Charter will be the Closing
Date, provided, however, that notwithstanding any other provisions
of the Order, the Motion or the APA, the Debtors will seek to
enforce any and all rights that arise in their favor under Sections
16 and 17 of the Bareboat Charter solely with respect to
liabilities arising prior to the Closing Date.

Oslo Bulk Holding PTE, Ltd. ("Charterer") waives any and all claims
against the Debtors and the reorganized Debtors, the Vessel, and
the proceeds of the sale of the Vessel arising from the rejection
of the Bareboat Charter.

The Debtors admit, acknowledge, stipulate and agree that
immediately upon the Closing, Capital One will have a valid,
perfected, binding, non-avoidable, and enforceable first priority
security interest in, and liens on, all of the proceeds from the
sale of the Vessel, subject only to the priming lien of the DIP
Lenders, capped at $1,250,000 with respect to the Capital One
Collateral as set forth in the Final DIP Order.

Notwithstanding anything contained in the Motion, the APA or the
Sale Documents: (a) On the Closing Date, $1,250,000 in sale
proceeds will be deposited into a segregated account of LCI
Shipholdings, Inc., and any and all liens and/or security interests
against the Vessel shall attach to such proceeds in the same
priority as the liens and/or security interests against the Vessel,
such proceeds will only be released (i) pending upon further order
of the Bankruptcy Court authorizing the withdrawal of such funds,
free and clear of all liens and encumbrances, or (ii) pursuant to
the terms of the Final DIP Order; and (b) Within 1 business day of
the Closing Date, the remaining $2,050,000 in sale proceeds will be
distributed to Capital One free and clear of all liens and
encumbrances in partial satisfaction of its secured claim as
described.

At or prior to the Closing, Charterer will certify that it has
operated the Vessel in accordance with the Bareboat Charter and to
the best of its knowledge, there are no maritime or other liens
asserted against the Vessel which arose as a result of
Charterer’s possession or operation of the Vessel.

Notwithstanding the possible applicability of Bankruptcy Rules
6004(h) and 6006(d), the order will be immediately effective and
enforceable upon its entry.

                 About International Shipholding

International Shipholding Corp. filed a Chapter 11 petition
(Bankr.
S.D.N.Y. Case No. 16-12220) on July 31, 2016. Its affiliated
Debtors also filed separate Chapter 11 petitions. The petitions
were signed by Manuel G. Estrada, vice president and chief
financial officer.

International Shipholding Corp. was engaged in waterborne cargo
transportation and maintained a diversified customer base with
emphasis on medium and long term contracts. ISH was founded in
1947
when the Johnsen family purchased a Liberty Ship after the
establishment of the War Ship Act of 1946 and became a public
company in 1979. Through its Debtor and non-Debtor subsidiaries,
International Shipholding now operates a diversified fleet of 21
U.S. and foreign flag vessels that provide domestic and
international maritime transportation services to commercial and
governmental customers primarily under medium to long-term
contracts. As of the Petition Date, International Shipholding
maintained offices in Mobile, Alabama, New Orleans, Louisiana, New
York, New York, and Tampa, Florida, as well as a network of
agencies in major cities worldwide.

ISH, which was formed as a Delaware corporation in 1978 and became
a public company in 1979, is the ultimate corporate parent of the
International Shipholding family of companies. International
Shipholding's fleet is operated by ISH's principal Debtor and
non-Debtor subsidiaries, including Central Gulf Lines, Inc.,
Waterman Steamship Corporation, Enterprise Ship Company, Inc.,
U.S.
United Ocean Services, LLC, CG Railway, Inc., LCI Shipholdings,
Inc., Sulphur Carriers, Inc., and East Gulf Shipholding, Inc.
Certain other of ISH's Debtor subsidiaries, including LMS
Shipmanagement, Inc. and N. W. Johnsen & Co., Inc., provide ship
management, ship charter brokerage, agency and other specialized
services. C.G. Railway Inc., Cape Holding LTD, Dry Bulk Cape
Holding, Inc., East Gulf Shipholding, Inc., MPV Netherlands C.V.,
MPV Netherlands Cooperatief U.A., MPV Netherlands B.V., Bulk
Shipholding Inc., and Terminales Transgolfo S.A. de C.V. are not
debtors in these Chapter 11 cases.

The Debtors are represented by David H. Botter, Esq., Sarah Link
Schultz, Esq., and Travis A. McRoberts, Esq., at Akin Gump Strauss
Hauer & Feld LLP. The Debtors' Restructuring Advisor is Blackhill
Partners, LLC. Their Claims, Noticing & Balloting Agent is Prime
Clerk LLC.

The Debtors disclosed total assets at $305.1 million and total
debts at $226.8 million as of March 31, 2016.

William K. Harrington, the U.S. Trustee for the Southern District
of New York, on Sept. 1, 2016, appointed three creditors to serve
on the official committee of unsecured creditors of International
Shipholding Corporation. The committee hires Pachulski Stang Ziehl
& Jones LLP as counsel, and AMA Capital Partners, LLC as financial
advisor.

On Dec. 28, 2016, the Debtors filed their first amended joint
Chapter 11 plan of reorganization. Class 7 general unsecured
creditors are expected to recover 7% of their claims, according to
the filing.


IRVIN & ASSOCIATES: Unsecureds to Get $250 Monthly in 1 Yr. at 2%
------------------------------------------------------------------
Irvin & Associates, Inc., filed with the U.S. Bankruptcy Court for
the Northern District of Texas a disclosure statement dated Jan.
30, 2017, referring to the Debtor's plan of reorganization.

Class 4 Allowed General Unsecured Claims is estimated to be
approximately $3,000 and is impaired by the Plan.  The Debtor has
not filed claims and objections and may object to certain of the
unsecured claims.  The Plan intends to pay the Allowed Unsecured
Claims in full.  Each holder of an Allowed General Unsecured Claim
will be paid their pro rata share of $250 a month over one year at
an interest rate of 2% per annum as of the Confirmation Date,
starting on the 15th of the first month following the Effective
Date.

Insider claims are paid nothing under this Plan.

The Debtor will fund the Plan from ongoing operations and then from
the sale of the final piece of real property.  The Debtor will keep
current its post-petition payables.

The Disclosure Statement is available at:

          http://bankrupt.com/misc/txnb16-32634-50.pdf

               About Irvin & Associates

Irvin & Associates, Inc., owns several tracts of real property.
They all have been encumbered by liens to Steadfast Funding.  The
Debtor fell behind on its payments to Steadfast prior to the filing
of this case.  The Debtor's primary business was servicing pools
but the Debtor has not been able to do as much work because the
owners have been in poor health over the last few years.  The
properties were also impacted by the ATMOS pipeline that runs
across one of the properties that has negatively impacted the value
of the property.  The Debtor has claims against ATMOS for the
damage to the property and its loss in value.

The Debtor filed a Chapter 11 bankruptcy petition (Bankr. N.D. Tex.
Case No. 16-32634) on July 1, 2016, disclosing under $1 million in
both assets and liabilities.  The Debtor is
represented by Joyce W. Lindauer, Esq.


JACK ROSS: Exclusive Plan Filing Period Extended To February 20
---------------------------------------------------------------
Judge Bruce T. Beesley the U.S. Bankruptcy Court for the District
of Nevada extended the exclusive periods during which Jack Ross
Industries, LLC d/b/a Big Shot Indoor Range and as Jack Ross
Ammunition may file and obtain confirmation of its Plan of
Reorganization through February 20, 2017.

The Troubled Company Reporter had earlier reported that the Debtor
sought for exclusivity extension since it was still working
stabilize its operations and improve profitability.  The Debtor
also contended that it requires further time to prepare adequate
information and formulate a plan of reorganization.

                 About Jack Ross Industries, LLC

Jack Ross Industries, LLC, based in Reno, NV, filed a Chapter 11
petition (Bankr. Bankr. D. Nev. Case No. 16-51053) on August 24,
2016. The petition was signed by Christopher Parker, managing
member.  The Debtor is represented by Alan R. Smith, Esq., at the
Law Offices of Alan R. Smith.  The case is assigned to Judge Bruce
T. Beesley.  The Debtor disclosed $168,100 in assets and $1.06
million in liabilities.

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


JEFF BENFIELD: Allowed to Use Cash Collateral on Interim Basis
--------------------------------------------------------------
Judge J. Craig Whitley of the U.S. Bankruptcy Court for the Western
District of North Carolina authorized Jeff Benfield Nursery, Inc.,
to use cash collateral on an interim basis.

The Debtor was authorized to use cash collateral in the ordinary
course of business only for ordinary and necessary business
expenses specified in the Budget beginning on January 25, 2017 and
continuing through February 21, 2017.

The approved Budget provides for total operating expenses of
approximately $251,642 for the month of January 2017 and $235,350
for the month of February 2017.

The Debtor's Lenders were granted valid, attached, choate,
enforceable, perfected and continuing security interests in, and
liens upon all post-petition assets of the Debtor of the same
character and type, to the same extent and validity as the liens
and encumbrances of the Lenders attached to the Debtor's assets
pre-petition.

The Debtor was directed to provide a budget-to-actual cash usage
comparison report to the Lenders and the Bankruptcy Administrator
on or before February 15, 2017.

A final hearing on the use of Cash Collateral will be held on
February 21, 2017 at 9:30 a.m.

A full-text copy of the Fifth Interim Order, dated January 31,
2017, is available at https://is.gd/tmXrTM

                About Jeff Benfield Nursery, Inc.

Headquartered in Marion, North Carolina, Jeff Benfield Nursery,
Inc., operates a commercial wholesale nursery, growing trees,
shrubs, and similar agricultural products on approximately 1,000
acres in McDowell and Avery Counties.  The Debtor, which was formed
in 1989, has 30 regular employees and additional seasonal workers.

Jeff Benfield Nursery, Inc. filed a chapter 11 petition (Bankr.
W.D.N.C. Case No. 16-40375) on Aug. 26, 2016.  The petition was
signed by Jeffrey L. Benfield, president.  The case is assigned to
Judge J. Craig Whitley.  The Debtor is represented by Richard S.
Wright, Esq., at Moon Wright & Houston, PLLC.  The Debtor estimated
assets at $10 million to $50 million and liabilities at $1 million
to $10 million at the time of the filing.

The Company previously sought bankruptcy protection in 2009 (Case
No. 09-40311), and its plan of reorganization was confirmed in an
order entered on June 10, 2010.


JOHN PUESHEL: Sale of Jersey City Property to Shah Approved
-----------------------------------------------------------
Judge John K. Sherwood of the Bankruptcy Court for the District of
New Jersey authorized John P. Pueshel's sale of real property
located at 382 Baldwin Avenue, Jersey City, New Jersey, to Hastin
Shah.

A hearing was held on Jan. 31, 2017 at 10:00 a.m.

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

Any and all unpaid property taxes, municipal charges for water
and/or sewer, and the First Mortgage Lien owed to Ocwen Loan
Servicing, LLC ("Paid Liens") will be satisfied at the closing for
the sale of the property.

The Debtor will be permitted to pay the Debtor's Professionals
their allowed fees from the proceeds of the sale of the property at
closing ("Professional's Fees").

The proceeds from the sale of the property after payment of the
Paid Liens, the Professional's Fees, and closing costs will be
deposited into the Debtor's Debtor-in-Possession Account.

John Pueshel sought Chapter 11 protection (Bankr. D. N.J. Case No.
13-20162) on May 8, 2013.


KARHOO INC: Sale of Assets to Flit Technologies for $ 500K Approved
-------------------------------------------------------------------
Judge Mary Kay Vyskocil of the U.S. Bankruptcy Court for the
Southern District of New York authorized the sale by Paul Cooper,
the authorized foreign representative of Karhoo, Inc. and
affiliates, of the Debtors' right, title, and interest in the US
Assets to Flit Technologies Ltd. for a cash consideration of
$500,000; equity consideration in the amount of 10% of the
preferred ordinary shares of the Purchaser.

A hearing on the Motion was held on Jan. 31, 2017.

The sale of the US Assets is free and clear of all liens, claims,
encumbrances and other interests.

The Foreign Representative will file a notice or notices containing
a list of contracts to be assumed and assigned with proposed cure
amounts, which will include procedures on objections to the
proposed cure amounts.  The Foreign Representative will serve the
Assumption Notice by email upon these contract counterparties.
Objections to proposed cure amounts will be due within 7 days of
service of the Assumption Notice.  If there are no objections or
objections are resolved, these contracts will be deemed assumed and
assigned under section 365 of the Bankruptcy Code as of the date of
the Order.  If there are any unresolved objections, the Foreign
Representative either will not assume and assign such contract, or
will schedule a hearing to resolve such objection.  If those
objections are resolved, these contracts will be deemed assumed and
assigned under section 365 of the Bankruptcy Code as of the date of
the Order.

The 14-day stay provided for in Bankruptcy Rules 6004(h) and
6006(d) will be, and is, waived in connection with the Order.

                      About Karhoo

Karhoo, Inc., a London-based start-up that offered a taxi-booking
app as an alternative to Uber/Lyft, sought Chapter 15 bankruptcy
protection in New York to seek recognition of its insolvency
proceedings in the UK.

Founded in November 2014 in London, England, by Daniel Ishag,
Karhoo Inc., et al., are part of a group of companies that offered
a ride comparison app" as an alternative to the Uber/Lyft
"ride-sharing app" model.  Instead of maintaining its own fleet of
drivers and cars, Karhoo contracted with local dispatchers and
fleet owners, providing customers with a choice of vehicles and
prices through its mobile application.

Karhoo entered into approximately 700 contracts with fleet owners
and approximately 21 contracts with dispatchers in the cities in
which it did business, primarily London and several other cities
in
England.

In total, Karhoo employed approximately 200 employees, the vast
majority of whom have been laid off or made redundant in recent
weeks.

Karhoo, Inc. sought Chapter 15 protection (Bankr. S.D. N.Y. Case
No. 16-13545) on Dec. 20, 2016.

The Debtor tapped Michael G. Burke, Esq., at Sidley Austin LLP as
counsel.


KOHN FUNERAL: Wants Court Approval for Cash Collateral Use
----------------------------------------------------------
Kohn Funeral Home, LLC, asks the U.S. Bankruptcy Court for the
Southern District of Illinois for authorization to use cash
collateral.

The Debtor owes its secured creditors First Community Bank Xenia
Flora and Flora Bank & Trust, at least $653,412.15, which includes
principal, interest, fees and costs.

The Debtor relates that Flora Bank & Trust did not attempt to
perfect a lien upon the cash collateral, and that First Community
Bank Xenia Flora attempted to perfect a lien upon the cash
collateral, but that lien may be avoidable.  

The Debtor further relates that it requires the use of cash
collateral to continue its business operations and to pay its
regular daily expenses, including employees' wages, contract labor,
utilities, taxes, and the other costs of conducting business.

The Debtor tells the Court that First Community Bank's interest, if
valid, will be adequately protected through the payment of the
Bank's loan in the ordinary course of business, and the granting of
a replacement lien to First Community Bank in its respective
collateral.

A full-text copy of the Debtor's Motion, dated Jan. 30, 2017, is
available at
http://bankrupt.com/misc/KohnFuneral2016_1660489lkg_22.pdf

Flora Bank & Trust can be reached at:

          FLORA BANK & TRUST
          1010 W. North Ave.
          Flora, IL 62839-1284

                     About Kohn Funeral Home

Headquartered in Flora, Illinois, Kohn Funeral Home, LLC, formerly
doing business as Byrd & Kohn Funeral Home, LLC, filed for Chapter
11 bankruptcy protection (Bankr. S.D. Ill. Case No. 16-60489) on
Dec. 22, 2016, listing $1.08 million in total assets and $682,542
in total liabilities.  The petition was signed by Jarrod D. Kohn,
member.

Judge Laura K. Grandy presides over the case.  Roy J. Dent, Esq.,
at Orr Law Inc serves as the Debtor's bankruptcy counsel.

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



LAKEWOOD DEVELOPMENT: Combined Plan, Disclosures Hearing on March 8
-------------------------------------------------------------------
Judge Cynthia A. Norton of the U.S.Bankruptcy Court for the Western
District of Missouri conditionally approved Lakewood Development
Company LLC's disclosure statement with respect to its plan of
reorganization filed on Jan. 17, 2017.

March 8, 2017 at 2:00 p.m. is fixed for the hearing on final
approval of the disclosure statement and for the hearing on
confirmation of the plan and related matters at US Courthouse
Courtroom 6A 400 E. 9th St. Kansas City, MO.

Feb. 28, 2017 at 2:30 p.m. by telephone is the date for status
hearing to discuss any confirmation issues that
should arise.

Feb. 24, 2017 is the deadline for filing with the Court objections
to the disclosure statement or plan confirmation; and submitting
ballots accepting or rejecting the plan.

As previously reported, Class 3 under the plan includes all Allowed
General Unsecured Nonpriority Claims. This class includes
$1,457,438 of claims, however, the Debtor would dispute and require
strict proof of all unsecured claims with the exception of Bernice
Woodward's claim of $300,000, which is an Allowed Unsecured
Non-Priority Claim. The Allowed Unsecured Non-priority Creditors
shall receive distributions from the sale of the real estate once
Classes 1 and 2 are paid in full.

The Disclosure Statement is available at:

http://bankrupt.com/misc/mowb16-50425-11-39.pdf  

          About Lakewood Development Company LLC

Lakewood Development Company LLC filed a Chapter 11 bankruptcy
petition (Bankr. w.D.MO. Case No. 16-50425) on October 17, 2016.
Hon. Cynthia A. Norton presides over the case. Krigel & Krigel, PC
represents the Debtor as counsel. The Debtor disclosed total
assets
of $4.20 million and total liabilities of $2.42 million. The
petition was signed by Jerry AlanSigtist, managing partner. 


LINN ENERGY: Amended Joint Chapter 11 Plan Confirmed
----------------------------------------------------
The United States Bankruptcy Court for the Southern District of
Texas on Jan. 27, 2017, entered an Order Confirming (I) Amended
Joint Chapter 11 Plan of Reorganization of Linn Energy, LLC and its
Debtor Affiliates Other Than Linn Acquisition Company, LLC and
Berry Petroleum Company, LLC and (II) Amended Joint Chapter 11 Plan
of Reorganization of Linn Acquisition Company, LLC and Berry
Petroleum Company, LLC, which approved and confirmed the Amended
Joint Chapter 11 Plan of Reorganization of Linn Energy, LLC and Its
Debtor Affiliates Other Than Linn Acquisition Company, LLC and
Berry Petroleum Company, LLC.

The Debtors expect that the effective date of the Plan will occur
as soon as all conditions precedent to the Plan have been
satisfied.

Although the Debtors are targeting occurrence of the Effective Date
within the next 30 days, the Debtors can make no assurances as to
when, or ultimately if, the Plan will become effective. It is also
possible that technical amendments could be made to the Plan.

The Plan contemplates a restructuring of the Debtors through:

     (a) rights offerings in the aggregate amount of $530 million
         backstopped by certain of the creditors and open to all
         holders of allowed LINN Second Lien Notes Claims and all
         holders of allowed LINN Unsecured Notes Claims;

     (b) a full recovery for the LINN Lenders consisting of:

            (i) a $500 million cash payment from the proceeds of
                the LINN Rights Offerings and other cash payments
                from existing cash on hand,

           (ii) an exit facility in the aggregate amount of
                $1.7 billion, or

          (iii) non-conforming term notes issued to those LINN
                Lenders who elect not to participate in the LINN
                Exit Facility;

     (c) the issuance of common stock in the reorganized Company
         -- a new entity, the form of which shall be determined
         on or before the effective date of the Plan -- to
         holders of the LINN Second Lien Notes Claims and the
         LINN Unsecured Notes Claims;

     (d) the right to participate in the LINN Rights Offerings
         for eligible holders of LINN Second Lien Notes Claims
         and LINN Unsecured Notes Claims;

     (e) a pro rata cash payment of $30 million to LINN Second
         Lien Noteholders;

     (f) a full recovery for holders of Allowed LINN Convenience
         Class Claims and holders of LINN Allowed General
         Unsecured Claims who elect to reduce their LINN Allowed
         General Unsecured Claims to $2,500; and

     (h) a pro rata cash distribution from the LINN GUC Cash
         Distribution Pool to the holders of Allowed LINN
         General Unsecured Claims.

Unless otherwise specified, the treatment set forth in the Plan and
Confirmation Order will be in full satisfaction of all claims
against and interests in the Debtors, which will be discharged on
the Effective Date.  All of the Company's existing funded debt and
equity will be extinguished by the Plan.

                         Capital Structure

Pursuant to the Plan, each of the Company's units outstanding
immediately before the Effective Date -- including any options and
warrants to purchase such units -- will be cancelled and of no
further force or effect after the Effective Date.

As of October 31, 2016, there were 355,032,380 units outstanding.
Under the Plan, the Debtors' new organizational documents will
become effective on the Effective Date. The Company's new
organizational documents will authorize the Company to issue new
equity, certain of which will be issued to holders of allowed
claims pursuant to the Plan on the Effective Date. In addition, on
the Effective Date, the Company will enter into a registration
rights agreement with certain equityholders.

              Settlement, Releases and Exculpations

The Plan incorporates an integrated compromise and settlement of
claims to achieve a beneficial and efficient resolution of the
Chapter 11 Cases.  Unless otherwise specified, the settlement,
distributions, and other benefits provided under the Plan,
including the releases and exculpation provisions included therein,
are in full satisfaction of all claims and causes of action that
could be asserted.

The Plan provides releases and exculpations for the benefit of the
Debtors, certain of the Debtors' claimholders, other parties in
interest and various parties related thereto, each in their
capacity as such, from various claims and causes of action, as
further set forth in Article VIII of the Plan.

A copy of the Amended Joint Chapter 11 Plan of Reorganization of
Linn Energy, LLC and Its Debtor Affiliates Other Than Linn
Acquisition Company, LLC and Berry Petroleum Company, LLC, is
available at https://is.gd/XRleIC

A copy of the Order Confirming (I) Amended Joint Chapter 11 Plan of
Reorganization of Linn Energy, LLC and its Debtor Affiliates Other
Than Linn Acquisition Company, LLC and Berry Petroleum Company, LLC
and (II) Amended Joint Chapter 11 Plan of Reorganization of Linn
Acquisition Company, LLC and Berry Petroleum Company, LLC, is
available at https://is.gd/RVc9YU

                     About Linn Energy, LLC

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.


LMCHH PCP: Wants $4.2-Mil. DIP Loan From MedCare
------------------------------------------------
LMCHH PCP LCC and Louisiana Medical Center and Heart Hospital, LLC,
ask the U.S. Bankruptcy Court for the District of Delaware for
authorization to obtain post-petition secured financing from
MedCare Investment Fund V, L.P., and to use the cash collateral of
MedCare Investment Fund V and MidCap Financial LLC.

The Debtor owes MidCap Financial LLC approximately $6,729,461.  The
debt is secured with a first-priority lien on substantially all of
the Debtors' assets.  The Debtor is also indebted to Cardiovascular
Care Group in the amount of $104,000,000, pursuant to a Demand
Note, which is due upon demand and is unsecured.  

The Debtor was indebted to MedCath Finance Company by virtue of a
Real Estate Note and Loan Agreement.  The debt, which has an
outstanding amount of $21,763,903, is currently held by
Cardiovascular Care Group.  The indebtedness is secured by a
mortgage in Louisiana Medical Center and Heart Hospital's acute
care hospital and two medical office buildings.

The Debtors tell the Court that to continue to operate, pay
ordinary expenses and fund the costs of the Chapter 11 case, the
Debtors need to continue to rely on funding from the DIP Lender, or
theoretically, a third party.  The Debtors further tell the Court
that given the nature of and risks associated with the Debtors'
business, and that the Debtors do not have material unencumbered
assets, they do not believe that third-party debtor-in-possession
financing is available to them.

The Debtors relate that under the DIP Loan Agreement, the DIP
Lender is committed to lend to the Debtor, from time to time, up to
$4.2 million, with $1 million being funded prior to the entry of
the Court's Final Order.  The obligation will bear interest on its
daily balance, at the rate of 7.5% per annum.

The proposed Budget, covering the period beginning February 5, 2017
and ending July 30, 2017, provides for total operating
disbursements of $11,824,572, and total non-operating disbursements
of $8,252,093.

The DIP Loan will mature on the earliest to occur of:

     (a) July 31, 2017;

     (b) the date of the indefeasible payment in full of the Loans
and other Obligations;

     (c) 35 days after the Filing Date, if the Final Order has not
been entered by the Bankruptcy Court by such date;

     (d) the date upon which the Interim Order expires, unless the
Final Order will have been entered and became effective as of such
date;

     (e) the date of entry of an order of the Bankruptcy Court
confirming a plan of reorganization in the Bankruptcy Case that has
not been consented to by the Lender and fails to provide for the
payment in full in cash of all Obligations under the DIP Agreement
and the other Loan Documents on the effective date of such plan;

     (f) the date of the closing of a sale of all or substantially
all of the Borrowers' assets pursuant to Section 363 of the
Bankruptcy Code;

     (g) the date of entry of an order of the Bankruptcy Court
converting the Bankruptcy Case to a case under Chapter 7 of the
Bankruptcy Code or dismissing the Bankruptcy Case; and

     (h) if a plan of reorganization that has been consented to by
the Lender or that provides for the payment in full in cash of all
of the Obligations under this Agreement and the other Loan
Documents has been confirmed by the Bankruptcy Court, the earlier
of the effective date of such plan of reorganization or the
thirtieth day after the date of entry of such confirmation order.

The Debtors propose to grant MidCap Financial replacement liens in
the same collateral generated post-petition in which MidCap
Financial has a security interest pre-petition.  The Debtors
further propose to grant MidCap Financial adequate protection
consisting of the existing value of MidCap Financial's collateral
in excess of the Midcap debt plus the payment of adequate
protection payments to MidCap equal to 25% of all accounts
receivables collected by the Debtors post-petition.

The Debtors contend that MedCare Investment Fund V, as the DIP
Lender, will be granted liens in all of the Debtor's assets subject
only to existing liens and security interests, except that such
liens granted to the DIP Lender will be senior to the existing lien
and security interests of Cardiovascular Care Group, which is
subordinated to the MidCap liens in the real property owned by the
Debtors.

The Debtors further contend that they will pay MidCap Financial the
professional fees and expenses it incurs, subject to a 10-day
objection period by the Debtors, the U.S. Trustee, or the Committee
after delivery of a statement of fees and expenses.

The Carve-Out consists of: all unpaid fees of the Clerk of Court
and the U.S. Trustee and Professional Fees of professionals
retained by the Debtors and any Committee in an amount not to
exceed the amounts in the Cash Collateral Budget.

The Debtors believe that that the terms and conditions of the
proposed DIP Loans are reasonable under the circumstances,
favorable to the Debtors, and could not be replicated in the
marketplace.  The Debtors assert that in the absence of immediate
access to the DIP Loans from the DIP Lender, the Debtors will be
unable to bear the costs and expenses of the Chapter 11 Case, the
going concern value of its estate will rapidly deteriorate, and
serious and irreparable harm to the Debtors, the estate, and other
stakeholders will occur, thus preventing the Debtors from realizing
their chapter 11 objectives.

A full-text copy of the Debtor's Motion, dated Jan. 31, 2017, is
available at
http://bankrupt.com/misc/LMCHHPCP2017_1710201lss_8.pdf

                    About LMCHH PCP LCC

LMCHH PCP LLC and Louisiana Medical Center and Heart Hospital, LLC
currently operate a state-of-the-art 213,000 square facility and
two medical office buildings.

Originally licensed for 58 beds in 2003, as a result of its
physical and strategic expansion in 2007, the Hospital is now a
full-service 132-bed acute care hospital with seven operating
rooms, three catheterization laboratories, and a 24-hour heart
attack intervention center dedicated to providing advanced medical
treatment and compassionate care to patients and families
throughout the North Shore area.

LMCHH PCP and LHH sought bankruptcy protection (Bankr. D. Del. Lead
Case No. 17-10201) on Jan. 30, 2017.  The Debtors are currently
seeking joint administration of their Chapter 11 cases under the
main case, 17-10201.  The cases have been assigned to the Hon.
Judge Laurie Selber Silverstein.

LMCHH estimated assets in the range of $1 million to $10 million
and liabilities of up to $500 million.  LHH estimated assets in the
range of $10 million to $50 million and liabilities of $100 million
to $500 million.

The Debtors have hired Young, Conaway, Stargatt & Taylor LLP as
local counsel, Alston & Bird LLP as legal counsel, Solic Capital
Advisors, LLC as financial advisor and The Garden City Group, Inc.
as claims and noticing agent.


LODGE HOLDINGS: Ch. 11 Trustee Wants to Use Cash Until April 2017
-----------------------------------------------------------------
Sheena R. Aebig, Chapter 11 Trustee of Lodge Holdings Company and
its affiliated Debtors, asks the U.S. Bankruptcy Court for the
Western District of Washington for authorization to use cash
collateral through April 2017.

The Chapter 11 Trustee's Motion is scheduled for hearing on March
3, 2017.  The deadline for the filing of objections to the Chapter
11 Trustee's Motion is set on Feb. 24, 2017.

The Chapter 11 Trustee relates that the entities known to her who
assert or may assert an interest in cash collateral include:

     (1) the United States of America, in behalf of the Internal
Revenue Service, on account of federal tax liens;

     (2) the State of Washington, on account of state tax liens;

     (3) CBC Partners I, LLC; and

     (4) American Express Bank.

The Chapter 11 Trustee further relates that from incomplete
documentation currently available to her, it is also possible that
the following entities could assert an interest in cash collateral,
but she currently has no evidence of the perfection of any security
interest or lien by these entities:

     (1) Gregg Chavez (Mill Creek Lodge, Downtown Lodge, Greenwood
Lodge0;

     (2) Honey Locust Holdings, LLC (Greenwood Lodge); and

     (3) Donna and Jerry Louthain (Mukilteo Lodge).

The Chapter 11 Trustee tells the Court that the purpose of the
proposed use of cash collateral is to fund the continued operation
of the Debtors' business for so long as the Chapter 11 Trustee
deems such operation to be advisable, and to fund the reasonable
expenses of administration of the cases, including the Chapter 11
Trustee's investigation of the Debtors' financial affairs and
business, and assessment of options for realization of best value
from the assets, to benefit creditors.  The Chapter 11 Trustee
further tells the Court that if she is not permitted reasonable use
of cash collateral, she believes the shutdown of the businesses
will be necessary as there is no known source to fund operations
other than the cash flow generated by the businesses themselves.

The Chapter 11 Trustee's proposed Budget provides for total
operating expenses in the amount of $673,046 for February, $754,260
for March, and $744,389 for April.

The Chapter 11 Trustee wants the subordination of replacement liens
of secured creditors in cash collateral, to allowed professional
compensation, not to exceed the following estimated amounts:

                 Feb. 2017      March 2017     April 2017

     Trustee     $25,000        $20,000        $20,000

     Trustee's   $25,000        $20,000        $20,000
     counsel

     Trustee's   $5,000         $5,000         $5,000
     accountant

The Chapter 11 Trustee proposes to grant CBC Partners and the IRS
with replacement liens in the same collateral, including cash
collateral, and their proceeds, with the same validity, priority,
and enforceability as existed pre-petition.

A full-text copy of the Chapter 11 Trustee's Motion, dated January
30, 2017, is available at
http://bankrupt.com/misc/LodgeHoldings2016_15814twd_98.pdf

A full-text copy of the proposed Budget, dated January 30, 2017, is
available at
http://bankrupt.com/misc/LodgeHoldings2016_1615814twd_98_1.pdf

CBC Partners I, LLC is represented by:

          Gregory Fox, Esq.
          LANE POWELL PC
          1420 Fifth Avenue, Suite 4200
          Seattle, WA 98111-9402
          Email: foxg@lanepowell.com

American Express Bank can be reached at:

         AMERICAN EXPRESS BANK, FSB
         4315 South 2700 West
         Salt Lake City, UT 84184

                About Lodge Holdings Company

Lodge Holdings Company, Mukilteo Lodge, LLC, Kirkland Lodge, LLC,
Stadium Lodge, LLC, Downtown Lodge, LLC, Mill Creek Lodge, LLC, and
Greenwood Lodge, LLC filed Chapter 11 petitions (Bankr. W.D. Wash.
Case No. 16-15814-TWD, 16-15849-TWD, 16-15850-TWD, 16-15851-TWD,
16-15852-TWD, 16-15853-TWD, and 16-15854-TWD) on Nov. 18, 2016. The
petitions were signed by Shawn Roten, president. The Debtors are
represented by Larry B. Feinstein, Esq., at Vortman & Feinstein.
The Debtor disclosed $1.06 million in total assets and $5.73
million in total liabilities.



LUKE'S LOCKER: Wants to Use Nike Cash Collateral
------------------------------------------------
Debtor Luke's Locker Incorporated asks the U.S. Bankruptcy Court
for the Eastern District of Texas for authorization to use cash
collateral.

The Debtor and its affiliated debtors 2L Austin, LLC, and The
Quality Lifestyle I, Ltd.'s only secured creditor is Nike.  Nike
has a lien against all of the Debtors' assets to secure payment of
a promissory note in the principal amount of $2 million.  Nike's
collateral includes inventory, cash, and the proceeds and products
of both.

In order to incentivize vendors to ship inventory to the Debtor on
credit so that it can operate the Plano, Dallas, Fort Worth, and
Southlake stores, the Debtor filed a DIP Motion, proposing to grant
each vendor a first-priority lien on any inventory that such vendor
provides, as well as their proceeds and profits, provided that the
vendor agrees to permit the Debtor to use its cash collateral in
the ordinary course of the Debtor's business.

The Debtor contends that Nike's lien does not extend to property
that the Debtor acquires after the Petition Date if the Debtor does
not use Nike's cash collateral to acquire such property.  The
Debtor further contends that any inventory it acquires on credit
under any order granting the DIP Motion will not be subject to
Nike's lien.

The Debtor relates that it needs to use Nike's alleged cash
collateral to continue the operation of its business.  The Debtor
further relates that without the funds to continue the operation of
its Luke's Locker stores in Dallas, Plano, Fort Worth, and
Southlake, it will not be able to pay payroll and other direct
operating expenses and obtain goods and services needed to carry on
its business in a manner that will avoid irreparable harm to all of
the Debtors' estates.

The Debtor's proposed Budget for the months of January through
December, provides for total store operating expenses of
$4,352,823, and total corporate expenses of $488,700.

The Debtor proposes to provide the following adequate protection to
Nike:

     (a) super-priority claims senior to all other postpetition
super-priority claims, subject to a carve-out for professional fees
and fees owed to the United States Trustee, and any first-priority
liens granted to any trade vendors pursuant to a DIP Facility;

     (b) replacement liens on all property currently owned or later
acquired by the Debtor, subordinate only to the liens of any
applicable taxing authority, any first-priority liens granted to
trade vendors pursuant to a DIP Facility, and the carve-out; and

     (c) monthly adequate protection payments in the amount of
$7,500 beginning in April 2017 through July 2017, and increasing to
$15,000 per month thereafter.

A full-text copy of the Debtor's proposed Budget, dated Jan. 27,
2017, is available at
http://bankrupt.com/misc/LukesLocker2017_1740126_22_1.pdf

                  About Luke's Locker Incorporated

Luke's Locker Incorporated, owner of Luke's Locker fitness and
running stores in Texas, sought Chapter 11 protection (Bankr. E.D.
Tex. Case No. 17-40126) on Jan. 24, 2017.  The petition was signed
by Matthew Lucas, president and CEO.  The case judge is the Hon.
Brenda T. Rhoades.  Melissa S. Hayward, Esq., at Franklin Hayward
LLP, in Dallas, serves as the Debtor's counsel.  The Debtor
estimated $1 million to $10 million in assets and liabilities.

The Debtor and its affiliated debtors 2L Austin, LLC, and The
Quality Lifestyle I, Ltd., operate retail stores throughout Texas,
known as Luke's Locker, that specialize in running and fitness
apparel, footwear, and other related goods, with a particular focus
on providing excellent customer service.  They also provide
training programs (running and walking) for their customers, and
they help sponsor and host numerous running and walking events
throughout the year, including everything from charitable 5Ks to
free weekly social runs from the stores.  Luke's Locker is a
recognized leader in its industry, having won numerous D Magazine
Readers' Choice and Best of Big D awards throughout the years.

Luke's Locker's origins go back as far as 1970, when Don Lucas was
a Dallas attorney and running enthusiast.  The problem then was
that shoes specially designed for running were not generally
available in Dallas.  So Mr. Lucas contacted a company in Oregon
called Blue Ribbon Sports.  Blue Ribbon sold him shoes for his own
use, and he, in turn, sold more of their shoes to fellow Dallas
runners out of the trunk of his car.  Blue Ribbon Sports officially
changed its name to Nike, Inc. in May 1971.

Mr. Lucas's shoe business moved from the trunk of his car, to his
garage, and eventually into the first Luke's Locker on Oak Lawn in
Dallas.  In addition to running shoes, Luke's Locker carries
workout gear, sportswear, cross training shoes, track and cross
country spikes, tennis shoes, and a host of related accessories.
Today Luke's Locker has locations in Austin, Dallas, Fort Worth,
Highland Village, Houston, Katy, Plano, Southlake, White Rock Lake
and The Woodlands.  There is also a central distribution warehouse
and administrative office in Dallas.


MAINE STATE PROPERTIES: Taps CBRE to Sell Biddeford Property
------------------------------------------------------------
Maine State Properties, LLC seeks permission from the U.S.
Bankruptcy Court for the Maine to employ Gregory W. Boulos, of
CBRE, The Boulos Company, to assist the Debtor in selling the real
estate located at 145 Main Street, Biddeford, Maine, consisting of
0.08+- acres of land improved with a 13,034+- sf building
containing 19 residential units and 1 commercial unit.

The Debtor proposes to pay Mr. Boulos and CBRE, The Boulos Company
6.5% commission from the sale proceeds.

Mr. Boulos attests that neither he nor any members of his office
holds or represents any interest adverse to the estate.

The Firm can be reached through:

     Mr. Gegory W. Boulos
     CBRE, THE BOULOS COMPANY
     One Canal Plaza
     Portand, ME 04101
     Tel: (207) 772-1333

                        About Maine State Properties

Maine State Properties, LLC, sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Me. Case No. 15-20426) on June 9,
2015.  The Debtor is represented by James F. Molleur, Esq. --
jim@molleurlaw.com -- at Molleur Law Office.


MAXUS ENERGY: Benjamin Moore Asks Court to Deny Plan Disclosures
----------------------------------------------------------------
Benjamin Moore & Co. filed with the U.S. Bankruptcy Court for the
District of Delaware a joinder to the objection of the Official
Committee of Unsecured Creditors regarding the disclosure statement
for the chapter 11 liquidation plan filed by Maxus Energy
Corporation, and its debtor affiliates.

The Debtors have said they will seek the Bankruptcy Court's
approval of a settlement with YPF S.A., parent of YPF Holdings,
Inc., which purchased Maxus in the 1990s.   

On June 15, 2016, the parties reached the settlement of the
Debtors' claims against YPF and its affiliates and executed a
settlement agreement on June 17, 2016, pursuant to which (a) YPF
agreed to pay $130 million to the Debtors and their Estates upon
the satisfaction of certain conditions, and (b) YPF Holdings agreed
to provide debtor-in-possession financing in the amount of $63.1
million to the Debtors, of which $34.35 million is subordinate in
payment to all general unsecured claims.  In exchange, the Debtors
agreed to, among other things, release their claims against the YPF
Entities, and prosecute the Chapter 11 Cases in accordance with
certain case milestones set forth in the DIP Agreement.

Moore complains that the disclosure statement fails to provide
adequate information to enable a creditor to make an informed
judgment about whether to vote to accept or reject the Plan and the
Plan is not confirmable for multiple reasons.

Moreover, Moore says the Plan structure presupposes approval of the
settlement agreement but fails to provide an alternative in the
event the settlement agreement is not approved.

Moore also shares the concerns expressed by the Creditors'
Committee in the Committee Objection, and therefore joins and
incorporates by reference all points and arguments made by the
Creditors' Committee in their objection.

For these reasons, Moore asks the Court to deny approval of the
disclosure statement.

Counsel to Benjamin Moore & Co.:

     Dennis A. Meloro, Esq.
     GREENBERG TRAURIG, LLP
     The Nemours Building
     1007 North Orange Street, Suite 1200
     Wilmington, Delaware 19801
     Telephone: (302) 661-7000
     Facsimile: (302) 661-7360
     Email: melorod@gtlaw.com

                    -and-

     Nancy A. Mitchell, Esq.
     Maria J. DiConza, Esq.
     GREENBERG TRAURIG, LLP
     MetLife Building
     200 Park Avenue
     New York, NY 10166
     Telephone: (212) 801-9200
     Facsimile: (212) 801-6400
     Email: mitchelln@gtlaw.com
     diconzam@gtlaw.com

            About Maxus Energy Corporation

Maxus Energy Corporation and four of its subsidiaries filed 
voluntary petitions for reorganization under Chapter 11 (Bankr. D.
Del., Case No. 16-11501) on June 17, 2016. The Debtors intend to
use the breathing spell afforded by the Bankruptcy Code to decide
whether their existing environmental remediation operations and
oil
and gas operations can be restructured as a sustainable,
stand-alone enterprise.

The Debtors have engaged Young Conaway Stargatt & Taylor, LLP as
local counsel, Morrison & Foerster LLP as general bankruptcy
counsel, Zolfo Cooper, LLC as financial advisor and Prime Clerk
LLC as claims and noticing agent, all are subject to the
Bankruptcy
Court's approval.

The Debtors hired Keen-Summit Capital Partners LLC as real estate
broker.  The Debtors also engaged Hilco Steambank to market and
sell their internet protocol numbers and other internet number
resources, and EnergyNet.com to market and sell the Debtors'
rights, title, and interest in and to the oil and gas properties.

On July 7, 2016, the United States Trustee for the District of
Delaware filed Notice of Appointment of Committee of Unsecured
Creditors. The Committee selected Schulte Roth & Zabell LLP as
counsel, and Cole Schotz as Delaware co-counsel. Berkeley Research
Group, LLC, serves as financial advisor for the Committee.

Andrew Vara, acting U.S. Trustee for Region 3, appointed the
following to a committee of retirees: John Leslie Jackson, Sr.,
Gerald G. Carlton, and Robert E. Garbesi.  The Retirees Committee
retained Akin Gump Strauss Hauer & Feld LLP
as counsel and Ashby & Geddes, P.A. as co-counsel.


MEMORIAL PRODUCTION: Moody's Cuts PDR to D-PD on Bankr. Filing
--------------------------------------------------------------
Moody's Investors Service downgraded Memorial Production Partners
LP's Probability of Default Rating (PDR) to D-PD from Ca-PD/LD,
following the company's announcement in January that it has
voluntarily filed for reorganization under Chapter 11 of the United
States Bankruptcy Code in the United States Bankruptcy Court for
the Southern District of Texas, Houston Division.

Concurrently, Moody's affirmed MEMP's Corporate Family Rating (CFR)
of Ca and unsecured notes rating of C. The outlook is negative.

Issuer: Memorial Production Partners LP.

Downgrades:

Probability of Default Rating, Downgraded to D-PD from Ca-PD/LD

Affirmations:

-- Corporate Family Rating, Affirmed at Ca

-- Senior Unsecured Notes, Affirmed at C (LGD5)

RATINGS RATIONALE

The downgrade of MEMP's PDR to D-PD is a result of the bankruptcy
filing. MEMP's other ratings have been affirmed, which reflects
Moody's view on the potential overall family recovery and senior
notes recovery.

Shortly following this rating action, Moody's will withdraw all
ratings for the company consistent with Moody's practice for
companies operating under the purview of the bankruptcy courts
wherein information flow typically becomes much more limited.

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

Memorial Production Partners LP, headquartered in Houston, TX is a
publicly traded partnership engaged in the acquisition, production
and development of oil and natural gas properties in the United
States.


MERCHANTS BANKCARD: Cash Collateral Motion Withdrawn
----------------------------------------------------
Judge Joan N. Feeney of the U.S. Bankruptcy Court for the District
of Massachusetts acknowledged and ordered the withdrawal of
Merchant Bankcard Services of America, Inc.'s Motion for use cash
collateral, in open Court.

         About Merchant Bankcard Services of America

Merchants Bankcard Systems of America, Inc., filed a Chapter 11
petition (Bankr. D. Mass. Case No. 16-13224) on Aug. 18, 2016.  The
petition was signed by Philip Chait, president.  The Debtor is
represented by David B. Madoff, Esq., at Madoff & Khoury LLP. The
case is assigned to Judge Joan N. Feeney.  At the time of filing,
the Debtor disclosed $2.58 million in assets and $4.20 million in
liabilities.


MERCHANTS BANKCARD: Court Continues Cash Collateral Motion Hearing
------------------------------------------------------------------
Judge Joan N. Feeney of the U.S. Bankruptcy Court for the District
of Massachusetts continued the hearing on Merchants Bankcard
Systems of America, Inc.'s cash collateral motion, and the
Opposition of Davos Financial Corp. to the Debtor's use of cash to
Jan. 31, 2017.

A full-text copy of the Order, dated Jan. 30, 2017, is available at

http://bankrupt.com/misc/MerchantsBankcard2016_1613224_128.pdf

           About Merchants Bankcard Systems of America

Merchants Bankcard Systems of America, Inc., filed a Chapter 11
petition (Bankr. D. Mass. Case No. 16-13224) on Aug. 18, 2016.  The
petition was signed by Philip Chait, president.  The Debtor is
represented by David B. Madoff, Esq., at Madoff & Khoury LLP. The
case is assigned to Judge Joan N. Feeney.  At the time of filing,
the Debtor disclosed $2.58 million in assets and $4.20 million in
liabilities.


METCOM NETWORK: Sale of All Assets to Epsilon for $3.7M Approved
----------------------------------------------------------------
Judge Mary Kay Vyskocil of the U.S. Bankruptcy Court for the
Southern District of New York authorized Metcom Network Services,
Inc.'s sale of substantially all assets to Epsilon (US), Inc., for
$3,730,000.

The sale is free and clear of all liens, claims and encumbrances,
provided, however, that the sale of the NFS Equipment and the NFS
Collateral will be free and clear of NFS' liens and claims only
upon the Purchaser's payment to NFS, and NFS' receipt, of the NFS
Payment.

At Closing, the Purchaser will pay $1,085,493 ("NFS Payment") to
NFS in full and final satisfaction of NFS' claims against the
Debtor.  Upon receipt of the NFS Payment: (i) NFS will execute and
deliver to Purchaser and the Debtor a termination of the NFS Lease,
and (ii) any lien that NFS has on any property of the Debtor will
be released and expunged.  Upon NFS' receipt of the NFS Payment,
the NFS Equipment and the NFS Collateral will be transferred to
Purchaser free and clear of any and all liens and claims of NFS.

The Purchaser is not a "successor" to the Debtor or its estate by
reason of any theory of law or equity, and the Purchaser will not
assume, or be deemed to assume, or in any way be responsible for
any liability or obligation of the Debtor and/or its estate, other
than the Assumed Liabilities, with respect to the Acquired Assets
or otherwise, including, but not limited to, under any bulk sales
law, doctrine or theory of successor liability, or similar theory
or basis of liability.

Pursuant to sections 105(a) and 365 of the Bankruptcy Code, and
subject to and conditioned upon the closing of the Sale
Transaction, the Debtor's assumption and assignment to the
Purchaser, and the Purchaser's assumption on the terms set forth in
the APA, of the Assumed Agreements is approved, and the
requirements of section 365(b)(1) of the Bankruptcy Code with
respect thereto are deemed satisfied.  All defaults and all other
obligations or liabilities under any Assumed Agreement occurring,
arising, or accruing prior to the date of the assignment or
transfer to the Purchaser will be deemed cured or satisfied upon
payment of the proposed Cure Amount (if any).

Pursuant to sections 105(a) and 365 of the Bankruptcy Code, and
subject to and conditioned upon the closing of the Sale
Transaction, the Debtor's Rejection of the Rejected Contracts is
approved.

As Epsilon is the Successful Bidder, the administrative claim
granted to Epsilon for the Expense Reimbursement is expunged in its
entirety, and Epsilon will not have any claim against the Debtor or
its Bankruptcy Estate for or related to the Expense Reimbursement.

The payment by Epsilon to the Debtor under the APA may be made to
the Debtor's counsel herein, Ackerman Fox, LLP, to be held by said
counsel in a segregated noninterest bearing escrow account,
together with the $131,000 security deposit heretofore remitted by
Epsilon under the terms of the APA and the Escrow Agreement, for
disbursement purposes ("Disbursement Account").  The funds in the
Disbursement Account will not be distributed by Ackerman Fox to any
person or entity except to a creditor or claimant holding an
allowed claim, or to pay quarterly fees, or as otherwise expressly
ordered by the Court.

Notwithstanding anything in the APA or the schedules to the APA to
the contrary, the Cure Amount for the 60 Hudson Lease shall be
$2,111,392.  The Debtor will pay $167,239 of the Cure Amount and
the Purchaser shall pay $1,944,153 of the Cure Amount.  The
Debtor's portion of the Cure Amount includes estimated electrical
charges through Jan. 31, 2017 ("Estimated Electrical Charges").  To
the extent the Closing Date occurs after Jan. 31, 2017, the
Estimated Electrical Charges shall be increased to include
estimated electrical charges through the Closing Date, and the
Debtor's portion of the Cure Amount will be increased to include
such additional Estimated Electrical Charges.  No later than Feb.
28, 2017, the 60 Hudson Landlord will all provide the Debtor with
meter readings showing the actual electrical charges through the
Closing Date.  To the extent that the Estimated Electrical Charges
are in excess of actual electrical charges through the Closing
Date, the 60 Hudson Landlord will refund the balance to the Debtor
within 5 business days after delivery of the meter reading.  To the
extent that actual electrical charges through the Closing Date are
in excess of the Estimated Electrical Charges, the 60 Hudson
Landlord will have an administrative claim against the Debtor for
the difference, which will be paid by the Debtor within 5 business
days after delivery of the meter reading. Within 5 business days of
the Closing Date, the Purchaser will pay $49,702 to the 60 Hudson
Landlord, which amount constitutes property taxes due in January
covering periods after Jan. 31, 2017.  The releases executed by the
60 Hudson Landlord, the Debtor and Epsilon as of the Closing Date
will not release those parties of their obligations.

Notwithstanding the provisions of Bankruptcy Rule 6004 and
Bankruptcy Rule 6006 or any applicable provisions of the Local
Rules, the Order will not be stayed for 14 days after the entry
hereof, but will be effective and enforceable immediately upon
entry, and the 14-day stay provided in such rules is hereby
expressly waived and will not apply.  Any party objecting to the
Order must exercise due diligence in filing an appeal and pursuing
a stay within the time prescribed by law and prior to the Closing
Date, or risk its appeal will be foreclosed as moot.

                 About Metcom Network Services

Metcom Network Services, Inc. is a New York corporation, with its
principal place of business at 60 Hudson Street, New York, NY,
Suites 1001 and 2303.  The Debtor is owned 50% by Mark DuMoulin,
Sr. and 50% by Susan BeckerDuMoulin. The Debtor is in the business
of telecommunications, building and local interconnection and
engineering support, including the colocation of customer
equipment.

The Debtor acts as a primary provider of extremely high capacity
fiber optic connections between domestic and international service
providers that occupy space throughout the Building located within
the structure of the Building itself.

Metcom Network Services, Inc. sought protection under Chapter 11
of
the Bankruptcy Code (Bankr. S.D.N.Y. Case No. 16-11870) on June
28,
2016.  The petition was signed by Mark DuMoulin, Sr., president.
The Debtor is represented by Neil H. Ackerman, Esq., at Ackerman
Fox, LLP.  At the time of the filing, the Debtor estimated its
assets and liabilities at $1 million to $10 million.

No trustee, examiner, or committee of creditors has been appointed
in this case.


MGM GROWTH: Moody's Upgrades CFR to Ba3; Outlook Stable
-------------------------------------------------------
Moody's Investors Service upgraded the corporate family rating of
MGM Growth Properties LLC to Ba3 from B1. The rating outlook is
stable.

The following rating actions were taken:

Upgrades:

Issuer: MGM Growth Properties LLC

Corporate Family Rating, Upgraded to Ba3 from B1

Issuer: MGM Growth Properties Operating Partnership, LP

Senior Secured Bank Credit Facility, Upgraded to Ba3 from B1

Senior Unsecured, Upgraded to B1 from B2

RATINGS RATIONALE

Key strengths supporting the corporate family rating upgrade to Ba3
include the positive benefits of the relationship with MGM Resorts
International (rated Ba3 / Stable). The rating upgrade reflects the
REIT's high quality assets, a portfolio tenanted through a master
lease by a leading industry operator with a long term track record
and the company's solid leverage and cash flow metrics with Net
debt to EBITDA of 5.8x and fixed charge coverage of 3.3x based upon
annualized three month numbers as of September 30, 2016. The rating
upgrade also reflects MGP's improving liquidity profile and
well-laddered debt maturity schedule.

In addition, in August 2016, the company completed its announced
acquisition of the real estate assets associated with the Borgata
Hotel Casino and Spa in Atlantic City, New Jersey from MGM Resorts.
This acquisition increased the annual rent payment due under the
master lease with MGM Resorts by $100 million and helped to further
diversify the REIT's portfolio.

Credit challenges include the REIT's high tenant, asset, and
geographic concentrations, and MGM Resorts' effective operational
control of the REIT. The specialized nature of the REIT's unique
gaming assets is also a credit concern.

The stable rating outlook reflects Moody's expectation that MGP
will maintain its current capital structure and lease terms. The
outlook also anticipates that MGM Resorts will maintain its current
ownership interest in MGP. Any material changes to the master lease
terms -- as they stand -- could erode the rating and outlook
cushion.

MGP's ratings and/or ratings outlook could be upgraded as a result
of an upgrade to MGM Resorts' ratings and / or rating outlook, a
decrease in the largest tenant concentration to below 50% of the
REIT's EBITDA or increased third party ownership of MGP -- beyond
the 50% level -- with commensurate board representation and voting
rights.

The ratings could be downgraded as a result of a downgrade to MGM
Resorts' ratings and / or rating outlook, a decline in portfolio
EBITDARM operator coverage to 2.0x or below, Net debt to EBITDA in
excess of 6.0x, fixed charge coverage ratio below 2.5x on a
consistent basis and/or a restructuring of or material change in
the master lease terms.

MGM Growth Properties LLC (NYSE:MGP) is a publicly traded real
estate investment trust engaged in the acquisition, ownership and
leasing of large-scale destination entertainment and leisure
resorts, whose diverse amenities include casino gaming, hotel,
convention, dining, entertainment and retail offerings. MGP
currently owns a portfolio of properties acquired from MGM Resorts,
consisting of ten premier destination resorts in Las Vegas and
elsewhere across the United States and one dining and entertainment
complex which opened in April 2016. As of December 31, 2015, these
properties collectively comprise 27,233 hotel rooms, approximately
2.6 million convention square footage, over 100 retail outlets,
over 200 food and beverage outlets and over 20 entertainment
venues.

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



MIAMI NEUROLOGICAL: Wants Approval for Cash Collateral Use
----------------------------------------------------------
Miami Neurological Institute, LLC, asks the U.S. Bankruptcy Court
for the Southern District of Florida for authorization to use the
cash collateral of City National Bank of Florida.

The Debtor owes the City National Bank of Florida the total amount
of $1,900,000 pursuant to several promissory notes.  City National
Bank of Florida has a lien on all of the Debtor's assets as
collateral for the indebtedness.

The Debtor tells the Court that an immediate and critical need
exists for the Debtor to be permitted to access cash collateral in
order to continue its operations.

The Debtor's proposed Budget provides for total expenses in the
amount of $1,190,384.

The Debtor proposes to grant City National Bank of Florida with
ongoing contractual payments, and replacement liens in the assets
generated by the use of its cash collateral.

A full-text copy of the Debtor's Motion, dated Jan. 30, 2017, is
available at
http://bankrupt.com/misc/MiamiNeurological2017_1710703lmi_13.pdf

A full-text copy of the Debtor's proposed Budget, dated Jan. 30,
2017, is available at
http://bankrupt.com/misc/MiamiNeurological2017_1710703lmi_13_2.pdf

            About Miami Neurological Institute, LLC

Miami Neurological Institute, LLC, based in Aventura, Florida,
filed a chapter 11 petition (Bankr. S.D. Fla. Case No. 17-10703) on
Jan. 20, 2017.  The petition was signed by Juan Ramirez, managing
member.  The case is assigned to Judge Laurel M. Isicoff.  The
Debtor is represented by Brett A. Elam, Esq., at Farber + Elam,
LLC.  The Debtor estimated assets at $0 to $50,000 and liabilities
at $1 million to $10 million at the time of the filing.


MIDWEST ASPHALT: U.S. Trustee Forms Two-Member Committee
--------------------------------------------------------
Daniel M. McDermott, the U.S. Trustee for Region 12, on Feb. 2,
2017, appointed two creditors of Midwest Asphalt Corporation to
serve on the official committee of unsecured creditors.

The committee members are:

     (1) WD Larson/Allstate Peterbilt
         Attn: Richard Brown
         500 Ford Road
         St. Louis Park, MN 55426
         Tel: (952) 703-3467

     (2) Tiller Corporation
         Attn: Steven Sauer
         7200 Hemlock Lane
         Suite 200
         P.O. Box 1480
         Maple Grove, MN 55311
         Tel: (763) 425-4191

Richard Brown of WD Larson Allstate Peterbilt is designated as
acting chairperson of the Committee pending selection by the
committee members of a permanent chairperson.

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 Midwest Asphalt Corporation

Midwest Asphalt Corporation, based in Hopkins, Minnesota, filed a
Chapter 11 petition (Bankr. D. Minn. Case No. 17-40075) on Jan. 12,
2017.  The petition was signed by Blair Bury, president.  The
Debtor is represented by Thomas Flynn, Esq., at Larkin Hoffman.
The case is assigned to Judge Katherine A. Constantine.  The Debtor
estimated assets and debt at $10 million to $50 million at the time
of the filing.


MINDEN AIR: Court Moves Plan Filing Deadline to February 13
-----------------------------------------------------------
Judge Bruce T. Beesley of the U.S. Bankruptcy Court for the
District of Nevada extended the exclusive period during which
Minden Air Corp. may file its plan of reorganization, to and
including February 13, 2017, and the corresponding exclusive period
for obtaining confirmation of the plan, to and including April 14,
2017.

The Troubled Company Reporter had earlier reported that the Debtor
requested for exclusivity extension since it was still working to
stabilize its operations and improve profitability.  

                            About Minden Air Corp.

Minden Air Corp. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Nev. Case No. 16-51033) on August 18,
2016.  The petition was signed by Leonard K. Parker, president. The
case is assigned to Judge Bruce T. Beesley.  At the time of the
filing, the Debtor disclosed $5.07 million in assets and $883,504
in liabilities.


MODULAR SPACE: Plan Outline Lacking in Infos, Gov't Says
--------------------------------------------------------
Vince Sullivan, writing for Bankruptcy Law360, the U.S. attorney
for the District of Delaware has filed with the U.S. Bankruptcy
Court for the District of Delaware an objection to Modular Space
Holdings Inc.'s disclosure statement, claiming that it does not
have enough information for the U.S. Department of Defense and
other creditors to adequately assess the Debtor's Chapter 11 plan.

                       About Modular Space

Modular Space Corporation (ModSpace), based in Berwyn, Pa. --
http://Blog.ModSpace.com/-- is the largest U.S.-owned provider of

office trailers, portable storage units and modular buildings for
temporary or permanent space needs. Building on nearly 50 years of
experience, ModSpace serves a diverse set of customers and markets
including commercial, construction, education, government,
healthcare, industrial, energy, disaster relief, franchise and
special events through an extensive branch network across the
United States and Canada.

On Dec. 21 2016, Modular Space Holdings, Inc., and six affiliates
filed voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code (Bankr. D. Del. Case No. 16-12825 to
16-12831) to pursue a prepackaged plan of reorganization.  The
cases are pending joint administration under Case No. 16-12825
before the Honorable Kevin J. Carey.

ModSpace estimated $1 billion to $10 billion in assets and
liabilities.

Cleary Gottlieb Steen & Hamilton LLP is acting as legal counsel for
the Company; Lazard Middle Market LLC and Lazard Freres & Co. LLC
are acting as the Company's investment bankers and Zolfo Cooper is
the Company's financial advisor.  Kurtzman Carson Consultants is
the claims and noticing agent.

Dechert LLP is acting as legal counsel, and Moelis & Company LLC is
acting as financial advisor to the ad hoc group of noteholders.

                           *     *     *

Modular Space Corporation filed a Prepackaged Plan of
Reorganization that will eliminate approximately $400 million of
debt from the Company's balance sheet, provide $90 million of new
equity capital from the bondholders via a rights offering and
include a new $719 million credit facility to be provided by the
existing asset based lenders (the "Lenders").

General unsecured claims, to the extent not paid earlier by order
of the Court, would either be paid in full in cash or reinstated on
the Effective Date.  However, under certain conditions, the Plan
affords the noteholders the right to direct the Debtors (subject to
certain consent rights) to pursue an "alternative transaction."


MOLYCORP MINE: Asks Court OK for $40M Minimum Sale of Mine
----------------------------------------------------------
Jeff Montgomery, writing for Bankruptcy Law360, reports that
Trustee Paul E. Harner, Esq., at Ballard Spahr LLC, the Chapter 11
trustee for Molycorp Minerals LLC, has asked the U.S. Bankruptcy
Court for the District of Delaware to authorize the minimum sale of
$40 million for the Debtor's California rare earth mine.

Law360 relates that the officials have discussed abandoning the
mine.  Batuta Capital Advisors LLP have been marketing the mine and
soliciting potential buyers, report states, citing the Chapter 11
Trustee.

The Chapter 11 Trustee, Law360 reports, said that the proposed
March bidding plan will be led by a $40 million "stalking horse"
offer.

           About Molycorp Inc. and Molycorp Minerals

Molycorp Inc. -- http://www.molycorp.com/-- is a global rare   
earths and rare metals producer.  Molycorp owns several prominent
are earth processing facilities around the world.  It has a
workforce of 2,530 employees at locations on three continents.
Molycorp's Mountain Pass Rare Earth Facility in San Bernadino
County, California, is home to one of the world's largest and
richest deposits of rare earths.

Molycorp has corporate offices in the United States, Canada and
China.  CEO Geoffrey R. Bedford, and other senior management
members are located in Molycorp's corporate offices in Toronto,
Canada.  Other senior management members are located at its U.S.
corporate headquarters in Greenwood Village, Colorado.

Molycorp and its North American subsidiaries, together with
certain of its non-operating subsidiaries outside of North
America, filed Chapter 11 voluntary petitions in Delaware (Bankr.
D. Del. Lead Case No. 15-11357) on June 25, 2015, after reaching
agreement with a group of lenders on a financial restructuring.
The Chapter 11 cases of Molycorp and 20 affiliated debts are
pending before Judge Christopher S. Sontchi.

The agreement provides for a financial restructuring of the
Company's $1.7 billion in debt and provides up to $225 million in
gross proceeds in new financing to support operations while the
Company completes negotiations with creditors.

The Company's operations outside of North America, with the
exception of non-operating companies in Luxembourg and Barbados,
are excluded from the filings.  Molycorp Rare Metals (Oklahoma),
LLC, with operations in Quapaw, Oklahoma, also is excluded from
the filings as it is not 100% owned by the Company.

Molycorp retained investment banking firm Miller Buckfire & Co.
and financial advisory firm AlixPartners, LLP.  Jones Day and
Young, Conaway, Stargatt & Taylor LLP served as legal counsel to
the Company in this process.  Prime Clerk serves as claims and
noticing agent.

Secured creditor Oaktree Capital Management L.P., consented to the
use of cash collateral and to extend postpetition financing.

On July 8, 2015, the U.S. trustee overseeing the Chapter 11 case of
Molycorp Inc. appointed eight creditors of the company to serve on
the official committee of unsecured creditors.  The Creditors
Committee tapped Ashby & Geddes, P.A. and Paul Hastings LLP as
attorneys.  On Nov. 9, the U.S. Trustee disbanded the committee
following the resignation of committee members Wilmington Savings
Fund Society FSB, MP Environmental Services Inc., Computershare
Trust Company of Canada, Veolia Water North America Operating
Services LLC, Delaware Trust Company, Wazee Street Capital
Management, Plymouth Lane Partners (Master) LP, and United
Steelworkers.

                          *     *     *

Molycorp, Inc.'s Fourth Joint Amended Plan of Reorganization has
been confirmed by the U.S. Bankruptcy Court for the District of
Delaware.  The Plan contemplates two possible outcomes: (1) the
sale of substantially all of the Debtors' assets if certain
conditions set forth in the Plan are satisfied and (2) (a) the sale
of the assets associated with the Debtors' Mountain Pass  mining
facility in San Bernardino County, California; and (b)  the
stand-alone reorganization around the Debtors' other three business
units.

Judge Christopher Sontchi of the U.S. Bankruptcy Court for the
District of Delaware on April 8, 2016, issued a findings of fact,
conclusions of law, and order confirming the Fourth Amended Joint
Plan of Reorganization of Molycorp, Inc., and its debtor
affiliates.

On April 13, 2016, Judge Sontchi directed the appointment of a
Chapter 11 trustee to oversee the operations of Industrial
Minerals LLC, Molycorp Advance Water Technologies LLC, Molycorp
Minerals LLC, PP IV Mountain Pass II Inc., PP IV Mountain Pass
Inc., and RCF Speedwagon Inc.  Each of the bankruptcy cases of
the companies are no longer jointly administered with Molycorp's
case under Case No. 15-11357.

On May 2, 2016, the Court entered an order in the Molycorp
Minerals Debtors' cases approving the appointment of Paul E.
Harner as chapter 11 trustee for Molycorp Mineral Debtors'
bankruptcy estates.

On Aug. 31, 2016, Molycorp reported that its confirmed Fourth
Joint Amended Plan became effective as of that date.  Molycorp
emerged from Chapter 11 protection as a newly reorganized
business, now known as Neo Performance Materials.


MOLYCORP MINERALS: Rare Earth Buying Mountain Pass Mine for $40M
----------------------------------------------------------------
Paul E. Harner, Trustee for Molycorp Minerals, LLC and affiliates,
asks the U.S. Bankruptcy Court for the District of Delaware to
authorize the bidding procedures in connection with the sale of
Minerals Debtors' Mountain Pass Mine to Rare Earth Global Partners
for $40,000,000, in cash, plus any amounts required to cure all
costs and expenses associated with the assumption by the Purchaser
of the assigned contracts, plus any transfer taxes arising from or
in connection with the sale, subject to overbid.

A hearing on the Motion is set for Feb. 27, 2017 at 11:00 a.m.
(ET).  Objection deadline is Feb. 17, 2017 at 4:00 p.m. (ET).  The
Sale Hearing is set for March 30, 2017 at 10:00 a.m.

The principal assets of the Minerals Debtors are surface rights and
certain mineral rights to a rare earth minerals mine and a rare
earth extraction facility located in San Bernardino County,
California ("Mountain Pass Mine").  The Mountain Pass Mine was
devoted to extracting rare earth minerals and producing rare earth
concentrates, rare earth oxides and SorbX and PhosFIX, a line of
proprietary rare earth-based water treatment products.  The
products generated by the Minerals Debtors were used in oil
refinery catalyst, automotive, water purification and hybrid and
electric vehicle applications.  During these chapter 11 cases, the
Mountain Pass Mine was transitioned into a state of care and
maintenance pursuant to a limited operations plan required by the
Minerals Debtors and 15 of their affiliates ("Plan Debtors")'s
postpetition financing facility.  Current operations are limited to
the occasional sale of surplus assets or inventory processed prior
to placing the mine in "cold-idle" status.

The Mountain Pass Mine was previously marketed for sale over a
period of several months by the Plan Debtors and their investment
banker, Miller Buckfire & Co., LLC, however, the Plan Debtors were
unable to identify a potential buyer on terms acceptable to the
Plan Debtors’ and the Minerals Debtors' senior secured lender and
postpetition lender, OCM MLYCo CTB Ltd. ("Oaktree") or an ad hoc
group of certain holders of 10% senior notes secured by
substantially all of the assets of the Minerals Debtors ("10%
Notes").

The Trustee was appointed in these cases and charged with one
primary task: to actively pursue a turn-key sale of the Mountain
Pass Mine in order to maximize the value of the Minerals Debtors'
estates for the benefit of the creditors.  The sale proposed is the
culmination of a comprehensive sales and marketing processes
overseen by the Trustee, and upon its approval by the Court, will
mark the accomplishment of the difficult task and move the Trustee
closer toward his ultimate goal of confirming a liquidating plan in
these cases.

Relevant dates and proposed deadlines in connection with the
Bidding Procedures and Sale are:

          a. Feb. 17, 2017: Deadline for objections to the Bidding
Procedures;

          b. Feb. 24, 2017: Deadline for filing Purchase Agreement
executed by the Stalking Horse Bidder;

          c. March 3, 2017: Proposed deadline for filing and
service of the Assumption and Assignment Notice;

          d. March 3, 2017: Date of publication of the notice of
Auction;

          e. March 13, 2017: Deadline for filing objections to the
assumption and assignment of executory contracts and unexpired
leases and proposed cure amounts, except as to adequate assurance
of future performance;

          f. March 17, 2017: Qualified Bids due with good faith
Deposit, proof of financial ability to pay and mark-up of the
Purchase Agreement;

          g. March 22, 2017: Auction to take place at the
Philadelphia offices of Ballard Spahr LLP;

          h. March 23, 2017: Deadline for filing objections to the
Sale;

          i. March 23, 2017: Deadline for filing objections to the
proposed assumption and assignment of executory contracts and
unexpired leases on adequate assurance grounds;

          j. March 30, 2017 at 10:00 a.m.: Sale Hearing; and

          k. April 14, 2017: Proposed Closing Date.

The Trustee's sale process is being managed by Batuta Capital
Advisors, LLC.  Batuta's strategy was to conduct a focused
marketing effort to identify parties best suited to serve as a
stalking horse bidder in connection with a project of this type.
To date, Batuta has received indications of interest from four
potential stalking horse purchasers.  

It is through their efforts that Batuta has identified the Stalking
Horse Bidder, as a potential purchaser.  Following initial
negotiations, the Minerals Debtors and the Stalking Horse Bidder
have executed a Term Sheet for the Sale of the Purchased Assets
("Term Sheet").  The Term Sheet contemplates the negotiation and
execution of a definitive

Asset Purchase Agreement and its filing with the Court on Feb. 24,
2017.  In accordance with the Term Sheet, the Stalking Horse Bidder
seeks to acquire the assets it deems critical to operating the
Mountain Pass Mine including but not limited to (i) certain
equipment located at the Mountain Pass Mine belonging to Oaktree
and leased to the Minerals Debtors ("Oaktree Equipment"); and (ii)
the minerals rights relating to the Mountain Pass Mine that were
granted to Shared Natural Resources, LLC, a joint venture of
Oaktree and the holders of the 10% Notes pursuant to the Plan and
Confirmation Order.

The material terms of the Agreement are:

          a. Purchaser: Rare Earth Global Partners ("Stalking Horse
Bidder")

          b. Sellers: Minerals Debtors

          c. Purchased Assets: Mountain Pass Mine

          d. Purchase Price: $40,000,000, in cash, plus any amounts
required to cure all costs and expenses associated with the
assumption by the Purchaser of the Assigned Contracts, plus any
transfer taxes arising from or in connection with the Proposed
Transaction.

          e. Deposit: 5% of the Purchase Price, which will be
payable upon execution of the Purchase Agreement and will be
applied toward the Purchase Price at closing.

          f. Liens and Encumbrances: All Purchased Assets will be
transferred to the Purchaser free and clear of all claims, liens,
encumbrances, interests and other restrictions of any kind or
nature whatsoever.

          g. "As Is, Where Is" Transaction: The Sale will be on an
"as is, where is" basis and without representations or warranties
of any kind, nature or description by the Trustee or the Sellers
whether written or verbal, whether express, implied or by operation
of law.

          h. Employees: The Purchaser will offer employment,
effective upon the closing, to all current employees primarily
engaged in the Sellers' business at the Mountain Pass Mine.  Such
offers of employment will be on substantially similar terms and
with substantially similar compensation and benefits as those to
which such employees were entitled from Sellers as of immediately
prior to the closing.

          i. Closing Conditions: Usual and customary closing
conditions for transactions of this size and type, including but
not limited to: (i) an agreement in principal regarding the Oaktree
Equipment; and (ii) license, lease, sale or other transfer of the
mineral rights.

          j. Termination; Break-Up Fee: 4.5% of the Purchase Price


          k. Expenses: Each party will be responsible for its own
out-of-pocket costs incurred in respect of the Sale, including all
fees and disbursements of legal, accounting, investment banking and
other advisors and any brokers' or finders' fees.

          l. Closing: The date on which the transactions
contemplated by the Purchase Agreement close, which will be no
later than fourteen days following the entry of a sale order
entered by the Bankruptcy Court.

A copy of the Agreement and Bidding Procedures attached to the
Motion is available for free at:

          http://bankrupt.com/misc/Molycorp_Minerals_198_Sales.pdf

The Trustee asks approval of these Bidding Procedures which follow,
in relevant part, the bidding procedures proposed by the Plan
Debtors and approved by the Court in connection with the Plan:

          a. Bid Deadline: March 17, 2017 at 5:00 p.m. (ET)

          b. Deposit:  5% of the proposed purchase price

          c. Auction: If more than one Qualified Bid is received by
the Bid Deadline, the Trustee will conduct the Auction.  The
Auction will take place at 10:00 a.m. (ET) on March 22, 2017, at
the offices of Ballard Spahr LLP, 1735 Market Street, 48th Floor,
Philadelphia, Penssylvania, or such other time as the Trustee may
notify all Qualified Bidders.  The Stalking Horse Bidder will be a
Qualified Bidder and the Purchase Agreement will be a Qualified
Bid.

          d. Minimum Overbid: $250,000

          e. "As Is, Where Is": The Sale will be on an "as is,
where is" basis and without representations or warranties of any
kind, nature or description by the Trustee, the Minerals Debtors,
their agents or the bankruptcy estates.

The Trustee believes that the Bidding Procedures are appropriately
tailored to ensure that the bidding process is fair and reasonable
and will yield the maximum value for the Minerals Debtors' estates
and creditors.  Accordingly, the Trustee asks the Court to
authorize the Bidding Procedures.

The Trustee also asks the Court that he'd be authorized to offer
the Stalking Horse Bidder a Breakup Fee of up to 4.5% of the cash
consideration offered by the Stalking Horse Purchaser.  The Breakup
Fee is designed to incentivize the Stalking Horse Bidder to make
the initial binding bid for the Purchased Assets and establish a
floor price for the Auction.  Approval of breakup fees and other
forms of bid protections in connection with the sale of significant
assets is an established practice in chapter 11 cases.

Central to the Trustee's proposed sale of Purchased Assets of the
Minerals Debtors is the ability to operate the Mountain Pass Mine
and the assumption and assignment of executory contracts and
unexpired leases is a critical component of the Sale.  It is thus
an appropriate exercise of business judgment for the Trustee to
propose that purchasers may direct the Minerals Debtors to assume
and assign to them the contracts and leases that will be required
in connection with the Sale.  The Trustee submits that the
Assumption and Assignment Notice provides adequate notice of the
proposed assumption and assignment of counterparties' contracts
and/or leases and should be approved.

The Trustee was appointed for the primary purpose of selling the
Mountain Pass Mine for the benefit of the creditors of the Minerals
Debtors.  Not only is the proposed Sale the best method of
maximizing the recovery for the creditors, it may be the only means
for those creditors to obtain a cash distribution in these cases.
Accordingly, the Trustee asks the Court to approve the proposed
sale free and clear of all liens, claims, encumbrances, and other
interests.

             About Molycorp Inc. and Molycorp Minerals

Molycorp Inc. -- http://www.molycorp.com/-- is a global rare   
earths and rare metals producer.  Molycorp owns several prominent
are earth processing facilities around the world.  It has a
workforce of 2,530 employees at locations on three continents.
Molycorp's Mountain Pass Rare Earth Facility in San Bernadino
County, California, is home to one of the world's largest and
richest deposits of rare earths.

Molycorp has corporate offices in the United States, Canada and
China.  CEO Geoffrey R. Bedford, and other senior management
members are located in Molycorp's corporate offices in Toronto,
Canada.  Other senior management members are located at its U.S.
corporate headquarters in Greenwood Village, Colorado.

Molycorp and its North American subsidiaries, together with
certain of its non-operating subsidiaries outside of North
America, filed
Chapter 11 voluntary petitions in Delaware (Bankr. D. Del. Lead
Case No. 15-11357) on June 25, 2015, after reaching agreement with
a group of lenders on a financial restructuring.
The Chapter 11 cases of Molycorp and 20 affiliated debts are
pending before Judge Christopher S. Sontchi.

The agreement provides for a financial restructuring of the
Company's $1.7 billion in debt and provides up to $225 million in
gross proceeds in new financing to support operations while the
Company completes negotiations with creditors.

The Company's operations outside of North America, with the
exception of non-operating companies in Luxembourg and Barbados,
are excluded from the filings.  Molycorp Rare Metals (Oklahoma),
LLC, with operations in Quapaw, Oklahoma, also is excluded from
the filings as it is not 100% owned by the Company.

Molycorp retained investment banking firm Miller Buckfire & Co.
and financial advisory firm AlixPartners, LLP.  Jones Day and
Young,
Conaway, Stargatt & Taylor LLP served as legal counsel to the
Company in this process.  Prime Clerk serves as claims and
noticing agent.

Secured creditor Oaktree Capital Management L.P., consented to the
use of cash collateral and to extend postpetition financing.

On July 8, 2015, the U.S. trustee overseeing the Chapter 11 case
of
Molycorp Inc. appointed eight creditors of the company to serve on
the official committee of unsecured creditors.  The Creditors
Committee tapped Ashby & Geddes, P.A. and Paul Hastings LLP as
attorneys.  On Nov. 9, the U.S. Trustee disbanded the committee
following the resignation of committee members Wilmington Savings
Fund Society FSB, MP Environmental Services Inc., Computershare
Trust Company of Canada, Veolia Water North America Operating
Services LLC, Delaware Trust Company, Wazee Street Capital
Management, Plymouth Lane Partners (Master) LP, and United
Steelworkers.

                          *     *     *

Molycorp, Inc.'s Fourth Joint Amended Plan of Reorganization has
been confirmed by the U.S. Bankruptcy Court for the District of
Delaware.  The Plan contemplates two possible outcomes: (1) the
sale of substantially all of the Debtors' assets if certain
conditions set forth in the Plan are satisfied and (2) (a) the
sale of the assets associated with the Debtors' Mountain Pass
mining
facility in San Bernardino County, California; and (b)  the
stand-alone reorganization around the Debtors' other three
business units.

Judge Christopher Sontchi of the U.S. Bankruptcy Court for the
District of Delaware on April 8, 2016, issued a findings of fact,
conclusions of law, and order confirming the Fourth Amended Joint
Plan of Reorganization of Molycorp, Inc., and its debtor
affiliates.

On April 13, 2016, Judge Sontchi directed the appointment of a
Chapter 11 trustee to oversee the operations of Industrial
Minerals LLC, Molycorp Advance Water Technologies LLC, Molycorp
Minerals LLC, PP IV Mountain Pass II Inc., PP IV Mountain Pass
Inc., and RCF Speedwagon Inc.  Each of the bankruptcy cases of
the companies are no longer jointly administered with Molycorp's
case
under Case No. 15-11357.

On May 2, 2016, the Court entered an order in the Molycorp
Minerals Debtors' cases approving the appointment of Paul E.
Harner as chapter 11 trustee for Molycorp Mineral Debtors'
bankruptcy estates.

On Aug. 31, 2016, Molycorp reported that its confirmed Fourth
Joint Amended Plan became effective as of that date.  Molycorp
emerged from Chapter 11 protection as a newly reorganized
business, now known as Neo Performance Materials.


MONUMENT SECURITY: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------------
Debtor: Monument Security, Inc.
        4926 43rd Street
        McClellan, CA 95652

Case No.: 17-20689

Chapter 11 Petition Date: February 1, 2017

Court: United States Bankruptcy Court
       Eastern District of California (Sacramento)

Judge: Hon. Robert S. Bardwil

Debtor's Counsel: Matthew R. Eason, Esq.
                  EASON & TAMBORNINI, A LAW CORPORATION
                  1234 H Street #200
                  Sacramento, CA 95814
                  Tel: 916-438-1819
                  E-mail: matthew@capacitylaw.com

Total Assets: $2.82 million

Total Liabilities: $3.11 million

The petition was signed by Michael Bivians, CEO.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/caeb17-20689.pdf


NAUTILUS FUNDING: Can Use Dime Bank Cash Until Feb. 28
------------------------------------------------------
Judge James J. Tancredi of the U.S. Bankruptcy Court for the
District of Connecticut authorized Nautilus Funding, Inc., to use
Dime Bank's cash collateral on an interim basis, from Feb. 1, 2017
to Feb. 28, 2017.

The Debtor stated that it is essential to the Debtor's business and
operations to use cash generated from its rental payments from its
properties so as to continue to pay ordinary course business
expenses.  Without court authority to use the cash collateral, the
Debtor said it will suffer harm and be forced to terminate
operations and abort any chance for successful reorganization.

Secured creditor Dime Bank claimed a duly perfected, non-avoidable
security interest in the Debtor's properties in Groton,
Connecticut, including cash collateral associated with the real
properties.

The Debtor is authorized to use cash collateral to meet all its
necessary business expenses incurred in the ordinary course of its
business and the U.S. Trustee's statutory fees, in an amount not to
exceed $2,395.

The approved Budget for February 2017 provided for total expenses
in the amount of $2,386.41.

Dime Bank is granted replacement lines in all after-acquired
property of the Debtor, of the same extent and priority in which
Dime Bank enjoyed as of the Petition Date.  

The Debtor is directed to make monthly adequate protection payments
to Dime Bank in the amount of $250.  The Debtor is further directed
to provide Dime Bank with a monthly register report from all DIP
accounts showing all disbursements made for the prior 30 days, on
the 15th of each month beginning Sept. 15, 2016.

A hearing on the continued use of cash collateral is scheduled on
Feb. 16, 2017 at 2:00 p.m.

A full-text copy of the Interim Order, dated Jan. 27, 2017, is
available at
http://bankrupt.com/misc/NautilusFunding2016_1621285_64.pdf

                  About Nautilus Funding, Inc.

Nautilus Funding, Inc., filed a Chapter 11 petition (Bankr. D.
Conn. Case No. 16-21285) on Aug. 7, 2016.  The petition was signed
by its John G. Syragakis, principal.  Judge James J. Tancredi
presides over the case.  The Debtor is represented by Joseph J.
D'Agostino, Esq. at Joseph J. D'Agostino, Jr., LLC.  At the time of
filing, the Debtor estimated both assets and liabilities at
$100,001 to $500,000.  No trustee or examiner has been appointed in
the proceedings.


NEPHROGENEX INC: Files Report on De Minimis Assets Sold
-------------------------------------------------------
NephroGenex, Inc., filed a notice with the U.S. Bankruptcy Court
for the District of Delaware that it is submitting its report
listing all assets sold pursuant to the Order Pursuant to Sections
105(a), 363 and 554(a) of the Bankruptcy Code and Bankruptcy Rule
2002 Authorizing and Approving Procedures for the Sale or
Abandonment of De Minimis Assets Free and Clear of Liens, Claims,
Interests and Encumbrances in January of 2017.

A copy of the Report attached to the Notice is available for free
at:

   http://bankrupt.com/misc/NephroGenex_Inc_296_Sales.pdf

                   About NephroGenex, Inc.

Raleigh, N.C.-based NephroGenex, Inc., is a drug development
company that focuses on developing novel therapies for kidney
disease.  It develops Pyridorin (pyridoxamine dihydrochoride), a
therapeutic agent, which is in Phase III clinical study for the
treatment of diabetic nephropathy.

NephroGenex filed for Chapter 11 bankruptcy protection (Bankr. D.
Del. Case No. 16-11074) on April 30, 2016, disclosing $4.9 million
in total assets and $6.2 million in total debt as of April 30,
2016.  The petition was signed by John P. Hamill, chief
executive officer and chief financial officer.

David R. Hurst, Esq., at Cole Scotz P.C. serves as the Debtor's
bankruptcy counsel.  Cassel Salpeter & Co. LLC is the Debtor's
investment banker and financial advisor.  Kurtzman Carson
Consultants LLC is the Debtor's claims and noticing agent.


NORTH CENTRAL FLORIDA YMCA: Can Use Cash Collateral Until April 14
------------------------------------------------------------------
Judge Karen K. Specie of the U.S. Bankruptcy Court for the Northern
District of Florida authorized The North Central Florida YMCA,
Inc., to use Wells Fargo Bank, N.A.'s cash collateral on an interim
basis until April 4, 2017.

The approved Budget provided for total expenses in the amount of
$76,950 for February and $76,850 for March.

The Debtor is directed to make monthly adequate protection payments
to Wells Fargo in an amount equal to the greater of $1,000 per
month, or the total amount by which the Debtor's budgeted income
exceeds its budgeted expenses for the preceding month, beginning on
Feb. 2, 2017.

Wells Fargo was granted a perfected post-petition lien against all
cash collateral to the same extent and with the same validity and
priority as its prepetition liens.  Wells Fargo was further granted
priority in payment, in the event the adequate protection is found
to be insufficient.

Judge Specie ordered the Debtor to furnish Wells Fargo with
bi-weekly accountings of all cash receipts and disbursements, with
all disbursements categorized and sorted by budget line item.  She
also orderd the Debtor to maintain insurance coverage for its
property in accordance with the obligations under the loan and
security documents with Wells Fargo.

A full-text copy of the Interim Order, dated January 27, 2017, is
available at
http://bankrupt.com/misc/TheNorthCentralFlorida2016_1610293kks_40.pdf

Wells Fargo Bank, N.A., is represented by:

          James H. Post, Esq.
          SMITH HULSEY & BUSEY
          225 Water Street, Suite 1800
          Jacksonville, FL 32202

              About The North Central Florida YMCA

The North Central Florida YMCA, Inc., based in Gainesville,
Florida, filed a Chapter 11 petition (Bankr. N.D. Fla. Case No.
16-10293) on Dec. 14, 2016.  The petition was signed by Michele F.
Martin, vice-chair.  The Debtor is represented by Michele Martin,
Esq., at Pastore & Dailey, LLC.  The case is assigned to Judge
Karen K. Specie.  The Debtor disclosed $3.49 million in assets and
$4.30 million in liabilities.


NORTHPORT BAY: Court Prohibits Cash Collateral Use
--------------------------------------------------
Louis A. Scarcella of the U.S. Bankruptcy Court for the Eastern
District of New York prohibited Northport Bay Inc. a/k/a 45 Bayview
Holdings from using cash collateral.

Secured creditor National Loan Investors, L.P., objected to the
Debtor's use of cash collateral.

Judge Scarcella held that the Debtor will have no authority to use
any of the rents pending further Order of the Court.  

The Debtor is directed to turn over to counsel for National Loan
Investors, all rents collected by the Debtor, its principal, or any
third party arising from the rental/lease of any portion of the
Debtor's real property located at 45 Bayview Avenue, Inwood, New
York in the Debtor's possession, including all monies currently on
deposit in the Debtor's debtor-in-possession bank account, together
with a detailed accounting of all rents collected since the filing
of the Chapter 11 case, by no later than February 3, 2017.

The Debtor is further directed to provide National Loan Investor's
counsel with contact information for each tenant currently residing
at the Premises and the agreed amount of monthly rent to be paid
therefor and any other relevant lease terms.

The Debtor is ordered to continue collecting rents from all tenants
at the Property, diligently and in good faith.  The rents will be
deposited directly into the Debtor's DIP Account, and within two
business days of clearance, will be turned over to National Loan
Investor counsel with a  detailed accounting of the funds being
turned over.

National Loan Investor is directed to:

     (1) pay, from the funds turned over from the Debtor, only to
the extent that sufficient funds are turned over, all insurance and
utility costs associated with the Property, within 10 business days
of presentment of supporting documentation including but not
limited to billing statements in their original form;

     (2) pay, from the funds turned over from the Debtor and to the
extent that there are sufficient funds turned over, all quarterly
fees due to the United States Trustee;

     (3) pay to the utility providers for the Property, from the
funds turned over from the Debtor and only to the extent that
sufficient funds are turned over, such amounts as may be directed
by an Order of the Court granting the Debtor’s motion to approve
adequate assurance for utility providers.

A full-text copy of the Order, dated Jan. 30, 2017, is available at

http://bankrupt.com/misc/NorthportBay2016_81675598las_37.pdf

                 About Northport Bay, Inc.

Northport Bay, Inc., aka 45 Bay Holdings filed a Chapter 11
bankruptcy petition (Bankr. E.D.N.Y. Case No. 16-75598) on December
2, 2016.  The Petition was signed by Sandra Nicholas, Vice
President.  Initially, Jeff P. Prostok, Esq., at Forshey & Prostok,
LLP serves as bankruptcy counsel.  At the time of filing, the
Debtor's assets and liabilities were estimated to be between $1
million to $10 million each.

Currently, the Debtor is represented by Andrew Thaler, Esq. at
Thaler Law Firm PLLC.


OAKS OF PRAIRIE: Can Use Illinois State Bank Cash Until Feb. 28
---------------------------------------------------------------
Judge Thomas M. Lynch of the U.S. Bankruptcy Court for the Northern
District of Illinois authorized The Oaks of Prairie Point
Condominium Association to use Illinois State Bank's cash
collateral on an interim basis, from Feb. 1, 2017 through Feb. 28,
2017.

The Debtor is directed to pay Illinois State Bank $10,728.81 on or
before February 15, 2017.

Judge Lynch held that the Debtor cannot make any disbursements from
or deposits to the Debtor-in-Possession account currently located
at Rockford Bank and Trust, without the consent of Illinois State
Bank or further order of the Court.

The approved Budget for the month of February, provided for total
expenses in the amount of $32,229.

Illinois State Bank is granted a valid, perfected and enforceable
security interest in and to the Debtor's postpetition accounts,
assessments and other receivables which are currently or may later
become, property of the estate, to the extent and priority of its
alleged prepetition liens.

The Debtor was directed to execute any documents that may be
reasonably required by Illinois State Bank to evidence the
postpetition interests granted.  

The Debtor is further directed to permit the Bank to:

     (a) inspect the Debtor's books and records;

     (b) maintain and pay premiums for insurance to cover all of
its assets from fire, theft and water damage;

     (c) make available to Illinois State Bank evidence of that
which constitutes its collateral or proceeds; and

     (d) properly maintain its property in good repair and properly
manage such property.

A status hearing on the Debtor's Motion is scheduled on Feb. 22,
2017 at 10:30 a.m.

A full-text copy of the Order, dated Jan. 27, 2017, is available at

http://bankrupt.com/misc/OaksofPrairie2016_1680238_101.pdf

                About The Oaks of Prairie Point
                    Condominium Association

The Oaks of Prairie Point Condominium Association is an Illinois
corporation that owns and operates condominium buildings located in
Lake in the Hills, Illinois, known as "The Oaks of Prairie Point
Condominium".  

The Oaks of Prairie Point Condominium sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ill. Case No.
16-80238) on Feb. 3, 2016.  The petition was signed by Donna Smith,
property manager.  The case is assigned to Judge Thomas M. Lynch.

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

The Debtor is represented by Thomas W. Goedert, Esq., at Crane,
Heyman, Simon, Welch & Clar, in Chicago, Illinois.


OPTIMA SPECIALTY: Executives Get $1.1MM, Workers Can Have $4.6MM
----------------------------------------------------------------
Cara Mannion, writing for Bankruptcy Law360, reports that the U.S.
Bankruptcy Court for the District of Delaware has ruled that Optima
Specialty Steel, Inc.'s top executives be paid $1.1 million.
Law360 relates that the amount will be split among 11 of the
Debtor's top executives, including the general counsel.  The Court
also approved a $4.6 million payment for lower- to mid-level
employees.  According to the report, the committee of unsecured
creditors initially argued against the payments on Jan. 23, 2017.

                   About Optima Specialty Steel

Optima Specialty Steel, Inc. and its affiliates filed separate
Chapter 11 bankruptcy petitions on Dec. 15, 2016: Optima Specialty
Steel, Inc. (Bankr. D. Del. 16-12789); Niagara LaSalle Corporation
(Bankr. D. Del. 16-12790); The Corey Steel Company (Bankr. D. Del.
16-12791); KES Acquisition Company (Bankr. D. Del. 16-12792); and
Michigan Seamless Tube LLC (Bankr. D. Del. 16-12793).  The
petitions were signed by Mordechai Korf, chief executive officer.
At the time of filing, the Debtor had assets and liabilities
estimated at $100 million to $500 million each.

Optima Specialty Steel and its affiliates are independent
manufacturers of specialty steel products.  Their manufacturing
facilities are located in the United States, and each of the
companies' operating units have operated in the steel industry for
more than 50 years.  At the time of the bankruptcy filing, the
Debtors collectively employ more than 900 people.

The Debtors engaged Greenberg Traurig, LLP, Wilmington, DE, as
counsel.  The Debtors tapped Ernst & Young LLP as their
accountant.

No request has been made for the appointment of a trustee or
examiner.

The U.S. Trustee for Region 3 appointed seven creditors to serve on
the Official Committee of Unsecured Creditors: Michael Scharf,
ArceloMittal International America LLC, Steel Dynamic Sales North
America, Inc., Republic Steel, ASW Steel Inc., Gerdau, and United
Steelworkers.


PAYLESS INC: Moody's Lowers Corporate Family Rating to Caa2
-----------------------------------------------------------
Moody's Investors Service downgraded Payless Inc.'s Corporate
Family Rating ("CFR") to Caa2 from B3 and Probability of Default to
Caa2-PD from B3-PD. The company's $520 million 1st lien term loan
due 2021 and $145 million 2nd lien term loan due 2022 were also
downgraded to Caa1 and Caa3, respectively. The rating outlook is
negative.

"The downgrade reflects weaker than anticipated operating
performance resulting in deteriorating credit metrics, as well as
heightened risk of a distressed exchange and a weak liquidity
profile highlighted by limited availability under the company's ABL
facility and the potential for negative free cash flow," says
Moody's Analyst Dan Altieri.

Operating results over the last twelve months ended October 29,
2016 have resulted in revenue declines with modestly lower EBITDA
margins, as well as comparable store sales declines for the YTD
period. As a result, Moody's lease adjusted leverage (Debt/EBITDA)
for the LTM period has risen to over 6 times, with interest
coverage (EBIT-to-interest) below 1 time. Moody's notes that
unadjusted leverage for funded debt is in excess of 10 times.

The negative outlook reflects Moody's expectation that given the
company's meaningful debt burden and a difficult retail
environment, the company will be challenged to improve operating
performance sufficient to meaningfully improve credit metrics and
generate free cash flow.

Moody's took the following rating actions:

Issuer: Payless Inc.

-- Corporate Family Rating, Downgraded to Caa2 from B3

-- Probability of Default Rating, Downgraded to Caa2-PD from
B3-PD

-- $520 million Sr. Secured 1st Lien Term Loan due 2021,
Downgraded to Caa1 (LGD3) from B2 (LGD3)

-- $145 million Sr. Secured 2nd Lien Term Loan due 2022,
Downgraded to Caa3 (LGD4) from Caa1 (LGD4)

-- Outlook is Negative

RATINGS RATIONALE

Payless' Caa2 CFR reflects the company's high leverage, poor
interest coverage and weak liquidity profile resulting from worse
than anticipated operating performance combined with sustained
elevated borrowings on the company's ABL facility. Also
constraining the rating is the company's history of
highly-aggressive financial policies that includes nearly $350
million of debt-funded dividends since the company's 2012 leveraged
buy-out. Factors supporting the rating include the company's
meaningful international presence and value-orientated brand
(under-$30 price point) which Moody's believes helped minimize some
of the impact from the most recent downturn. However, operations
will continue to be impacted by a challenging retail environment
that includes declining mall traffic trends and a highly
promotional environment.

Payless' liquidity is weak, driven by limited availability on the
company's $300 million ABL revolving credit facility expiring in
2019 and the potential for negative free cash flow (CFO - Capex)
over the next 12-18 months. While Moody's anticipates some seasonal
repayments and borrowings on the revolver to support working
capital needs, the company will be challenged to meaningfully
reduce outstanding borrowings from current levels without reducing
its growth capex spending. Further constraining availability will
be the springing Fixed Charge Coverage test, which is triggered
when availability is less than the greater of $20 million or 10% of
the borrowing base. Moody's does not expect the company would
comply with the covenant if it were tested.

The $520 million first lien term loan due 2021 and $145 million
second lien term loan due 2022 do not contain any financial
maintenance covenants. Supporting liquidity is the company's
balance sheet cash and Moody's estimate of approximately $50
million of availability on the revolver (before accounting for the
springing covenant).

The liquidity analysis is based on Moody's assumptions and
estimates. However, there is some uncertainty about the company's
liquidity given the absence of information available to Moody's
such as the ABL borrowing base, availability, and the current fixed
charge coverage calculation. In addition, working capital
fluctuations could meaningfully impact free cash flow and the level
of revolver borrowings.

The Caa1 rating on Payless' $520 million 1st lien term loan is one
notch higher than the company's Caa2 CFR and reflects its senior
position in the capital structure relative to the $145 million 2nd
lien term loan (rated Caa3) and other junior claims including trade
payables, leases and pension liabilities. The 1st lien term loan is
secured by a first priority lien on substantially all assets of the
borrower, with a second lien on the ABL priority collateral (cash,
inventory, accounts receivable, and property). The 2nd lien term
loan is secured by a second priority lien on all assets of the
borrower, except the ABL priority collateral on which it has a
third lien.

Ratings could be upgraded if the company is able to stabilize
operating trends resulting in improved gross and EBITDA margins
combined with consistent same store sales growth. An improved
liquidity profile with meaningful repayments on the revolving
credit facility could also lead to an upgrade.

The ratings could be downgraded if operating performance and/or
liquidity fails to improve and/or if the company breaches any
covenants. Ratings could be downgraded if the company is unable to
restore sustained positive free cash flow, or if there is increased
potential for a distressed exchange.

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

Payless Inc. operates approximately 4,400 family footwear stores
(including joint-ventures and franchisees) in approximately 30
countries with LTM revenues of over $2.3 billion. The company is
controlled by funds affiliated with Golden Gate Capital and Blum
Capital



PEABODY ENERGY: Moody's Assigns (P)B1 Corporate Family Rating
-------------------------------------------------------------
Moody's Investors Service assigned provisional new ratings to
Peabody Energy Corporation, including a provisional corporate
family rating (CFR) of (P)B1, a (P)Ba3 provisional rating on $500
million first lien secured term loan, and a (P)Ba3 provisional
rating on $1 billion first lien secured notes to be issued by the
Peabody Securities Finance Corporation. The outlook is stable.

The proposed debt offering will be used to repay existing first
lien debt as part of the exit financing and pay related fees and
expenses. The provisional ratings are assigned pending the
emergence from bankruptcy and the closing of the proposed exit
financing. The company is expected to emerge from bankruptcy in the
next few months.

Upon emergence, Peabody Securities Finance Corporation will be
merged into Peabody Energy Corporation which will assume the
obligations under the notes. To the extent that the proposed
transaction does not close, the notes will be repaid from the
escrow account.

On January 26, 2017 the company announced that the U.S. Bankruptcy
Court for the Eastern District of Missouri has approved the
company's disclosure statement, enabling the company to solicit its
creditors to vote on the proposed plan of reorganization.

Issuer: Peabody Energy Corporation

Assignments:

-- Corporate Family Rating, Assigned to (P)B1

-- Senior Secured Term Loan, Assigned (P)Ba3 (LGD2)

Outlook Actions:

-- Outlook is Stable

Peabody Securities Finance Corporation

-- Senior Secured Regular Bond/Debenture, Assigned (P)Ba3 (LGD2)

-- Outlook, Assigned Stable

RATINGS RATIONALE

The ratings reflect the company's diverse platform of
cost-competitive assets, including seven mining complexes in the
Western United States, nine in Midwestern United States, and nine
in Australia. While the company's US operations produce
cost-competitive thermal coal sold predominantly to domestic
utilities, the company's mines in Australia produce thermal and
metallurgical coal predominantly sold into the seaborne market.

The company's largest contributors to EBITDA are its Powder River
Basin and Australian assets, and the assigned ratings reflect high
potential volatility in the company's margins depending on natural
gas prices (which PRB coal is particularly sensitive to) and/or
metallurgical coal prices, which have been highly volatile and
unpredictable in recent years. The ratings reflect the company's
solid contracted position, along with Moody's expectations of
contracting earnings over the next few years as high-priced legacy
contracts roll off and Australian production volumes decline.

The ratings further reflect the company's modest expected leverage
post-emergence of roughly 2x, assuming average metallurgical coal
benchmark settlements of $175 per tonne. The ratings further
reflect, however, potential volatility in margin and increase in
leverage should coal prices retreat to the low levels observed in
2015 and 2016.

The (P) Ba3 rating on the first lien debt reflects its priority
position with respect to claim on collateral, relative to the
second lien debt. The company's proposed capital structure consists
of $500 million in first lien term loan, $1 billion of first lien
secured notes and $450 million in second lien debt.

The ratings reflect Moody's expectations of good liquidity
post-emergence, including ample cash balance of roughly $1 billion
by the end of 2017 and the absence of financial covenants on the
term loan, coupled with the absence of a revolving credit facility.
Moody's expects positive free cash flows over the next twelve
months at current prices. Moody's note, however, that free cash
flows could turn negative at some of the pricing levels observed
over the past two years while the industry was in distress.

The stable outlook reflects Moody's expectations of positive free
cash flows and solid contracted position.

The ratings could be upgraded if the rate of secular decline in the
US thermal coal industry were to slow or reverse, and if
metallurgical coal markets were to show more stability and
predictability. The ratings could also be upgraded in the event of
material growth in scale and diversity.

The ratings could be downgraded if Debt/EBITDA, as adjusted, were
to increase above 5x, if free cash flows were to turn negative, or
if liquidity were to deteriorate.

The principal methodology used in these ratings was Global Mining
Industry published in August 2014.

Peabody Energy Corporation is the world's largest private sector
coal company with coal mining operations in the US and Australia
and close to 6 billion tons of proven and probable reserves. As of
September 30, 2016, the company owned interests in 26 active coal
mining operations. For the nine months ended September 30, 2016 the
company generated $3.3 billion in revenues.


PEABODY ENERGY: Seeks May 1 Extension of Plan Filing Deadline
-------------------------------------------------------------
Peabody Energy Corporation and certain of its subsidiaries request
the U.S. Bankruptcy Court for the Eastern District of Missouri to
extend their exclusive periods to (a) file a plan of
reorganization, through and including May 1, 2017, and (b) solicit
acceptances of its plan, through and including June 30, 2017.

Pursuant to a Bridge Order, the Exclusive Filing Period has been
extended through and including February 15, 2017.

The Debtors relate that since the commencement of their Chapter 11
cases, they have focused on stabilizing their operations, complying
with the requirements of the Bankruptcy Code and the Federal Rules
of Bankruptcy Procedure, developing a restructuring plan that
maximizes value for stakeholders and ensures a viable company
post-emergence and negotiating such a plan, along with important
related agreements that will result in a $1.5 billion new money
investment in the reorganized Debtors, with their major creditor
constituencies.

On January 27, 2017, the Court approved the Debtors' Second Amended
Disclosure Statement with respect to their Second Amended Joint
Plan of Reorganization.  As such, the Debtors request for further
extension of the Exclusive Periods out of an abundance of caution
and prudence since the Exclusive Filing Period will expire before
the scheduled confirmation hearing on the Solicitation Plan.

               About Peabody Energy Corporation

Headquartered in St. Louis, Missouri, Peabody Energy Corporation
claims to be the world's largest private-sector coal company.  As
of Dec. 31, 2014, the Company owned interests in 26 active coal
mining operations located in the United States (U.S.) and
Australia.  The Company has a majority interest in 25 of those
mining operations and a 50% equity interest in the Middlemount Mine
in Australia.  In addition to its mining operations, the Company
markets and brokers coal from other coal producers, both as
principal and agent, and trade coal and freight-related contracts
through trading and business offices in Australia, China, Germany,
India, Indonesia, Singapore, the United Kingdom and the U.S.

Peabody posted a net loss of $1.988 billion for 2015, wider from
the net loss of $777 million in 2014 and the $513 million net loss
in 2013.

At Dec. 31, 2015, the Company had total assets of $11.02 billion
against $10.1 billion in total liabilities, and stockholders'
equity of $919 million.

On April 13, 2016, Peabody Energy Corp. and 153 affiliates filed
voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code.  The 154 cases are pending joint
administration before the Honorable Judge Barry S. Schermer under
(Bankr. E.D. Mo. Case No. 16-42529).

As of the Petition Date, PEC has approximately $4.3 billion in
outstanding secured debt obligations and $4.5 billion in
outstanding unsecured debt obligations.

The Debtors tapped Jones Day as general counsel; Armstrong,
Teasdale LLP as local counsel; Lazard Freres & Co. LLC and
investment banker Lazard PTY Limited as investment banker; FTI
Consulting, Inc., as financial advisors; and Kurtzman Carson
Consultants, LLC, as claims, ballot and noticing agent.

The Office of the U.S. Trustee on April 29, 2016, appointed seven
creditors of Peabody Energy Corp. to serve on the official
committee of unsecured creditors.  The Committee retained Morrison
& Foerster LLP as counsel, Spencer Fane LLP as local counsel,
Curtis, Mallet-Prevost, Colt & Mosle LLP as conflicts counsel,
Blackacre LLC as its independent expert, and Berkeley Research
Group, LLC, as financial advisor.


PEABODY ENERGY: Special Purpose Unit to Offer $1-Bil. in Notes
--------------------------------------------------------------
Peabody Energy Corporation on Feb. 1, 2017, said a special purpose
wholly owned subsidiary of the company intends to offer up to $1.0
billion aggregate principal amount of senior secured notes due
2022, subject to market conditions. The offering will be exempt
from the registration requirements of the Securities Act of 1933.

The notes are being offered in connection with the restructuring of
Peabody as part of the Second Amended Joint Plan of Reorganization
filed with the U.S. Bankruptcy Court for the Eastern District of
Missouri on Jan. 27, 2017.

If Peabody's plan of reorganization is confirmed and certain other
conditions are satisfied on or before Aug. 1, 2017, the net
proceeds from the offering will be released from escrow to fund a
portion of the distributions to creditors provided for under the
plan of reorganization, and Peabody will become the obligor under
the notes.

Following Peabody's emergence from bankruptcy, the notes will be
jointly and severally and fully and unconditionally guaranteed on a
senior secured basis by substantially all of Peabody's current and
future direct or indirect U.S. subsidiaries (subject to certain
exceptions) and will be secured by a first priority lien on
substantially all of Peabody's tangible and intangible assets
(subject to certain exceptions).

The notes and related guarantees will be offered only to qualified
institutional buyers under Rule 144A of the Securities Act, and to
non-U.S. persons in transactions outside the United States under
Regulation S of the Securities Act. The notes have not been, and
will not be, registered under the Securities Act and may not be
offered or sold in the United States absent registration or an
applicable exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act and other
applicable securities laws.

Peabody also said on Wednesday that it expects to disclose certain
supplemental information concerning the Company in a preliminary
offering circular that is being disseminated in connection with the
proposed senior secured notes offering.  The supplemental
information included in the preliminary offering circular, certain
of which has been previously reported, is available at
https://is.gd/JoSC0H

               About Peabody Energy Corporation

Headquartered in St. Louis, Missouri, Peabody Energy Corporation
claims to be the world's largest private-sector coal company.  As
of Dec. 31, 2014, the Company owned interests in 26 active coal
mining operations located in the United States (U.S.) and
Australia.  The Company has a majority interest in 25 of those
mining operations and a 50% equity interest in the Middlemount
Mine in Australia.  In addition to its mining operations, the
Company markets and brokers coal from other coal producers,
both as principal and agent, and trade coal and freight-related
contracts through trading and business offices in Australia,
China, Germany, India, Indonesia, Singapore, the United Kingdom
and the U.S.

Peabody posted a net loss of $1.988 billion for 2015, wider from
the net loss of $777 million in 2014 and the $513 million net loss
in 2013.

At Dec. 31, 2015, the Company had total assets of $11.02 billion
against $10.1 billion in total liabilities, and stockholders'
equity of $919 million.

On April 13, 2016, Peabody Energy Corp. and 153 affiliates filed
voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code.  The 154 cases are pending joint
administration before the Honorable Judge Barry S. Schermer under
(Bankr. E.D. Mo. Case No. 16-42529).

As of the Petition Date, PEC has approximately $4.3 billion in
outstanding secured debt obligations and $4.5 billion in
outstanding unsecured debt obligations.

The Debtors tapped Jones Day as general counsel; Armstrong,
Teasdale LLP as local counsel; Lazard Freres & Co. LLC and
investment banker Lazard PTY Limited as investment banker; FTI
Consulting, Inc., as financial advisors; and Kurtzman Carson
Consultants, LLC, as claims, ballot and noticing agent.

The Office of the U.S. Trustee on April 29, 2016, appointed seven
creditors of Peabody Energy Corp. to serve on the official
committee of unsecured creditors.  The Committee retained Morrison
& Foerster LLP as counsel, Spencer Fane LLP as local counsel,
Curtis, Mallet-Prevost, Colt & Mosle LLP as conflicts counsel,
Blackacre LLC as its independent expert, and Berkeley Research
Group, LLC, as financial advisor.


PERFORMANCE SPORTS: Oakley Tries To Block $575MM Sale of Assets
---------------------------------------------------------------
Vince Sullivan, writing for Bankruptcy Law360, reports that Oakley
Inc. has filed an objection to Performance Sports Group Ltd.'s $575
million asset sale.

According to Law360, Oakley claims that it holds trademark rights
to some of the Debtor's products included in the sale.  The
Debtor's brand Bauer uses Oakley's patent- and trademark-protected
visors in its hockey helmets, the report states, citing Oakley.

Law360 recalls that the Debtor and Oakley were parties to a patent
license agreement which expired last summer and was not
renegotiated.

                     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.

Ernst & Young Inc., serves as monitor to the Company in the
Canadian Proceedings.

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, has 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 also has appointed a official 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.


PREFERRED CONCRETE: April 19 Combined Plan, Disclosures Hearing
---------------------------------------------------------------
Judge Thomas M. Lynch of the U.S. Bankruptcy Court for the Northern
District of Illinois will convene a combined hearing on April 19,
2017, at 1:00 p.m., to consider approval of the amended disclosure
statement and the confirmation of the amended plan filed by
Preferred Concrete & Excavating, Inc., dated Jan. 10, 2017.

March 8, 2017 is set as the last date for filing and serving
written objections to the disclosure statement.

March 8, 2017 is set as the last day for filing ballots accepting
or rejecting the plan.

March 8, 2017 is set as the last date for filing and serving
written objections to confirmation.  

The TCR previously reported that under the plan, unsecured
creditors will get 10% in equal semiannual installments for a total
of 10 payments.

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

       http://bankrupt.com/misc/ilnb 16-81114-82.pdf

           About Preferred Concrete & Excavating 

Preferred Concrete & Excavating, Inc., is a union concrete 
contractor engaged in concrete in construction in Northern 
Illinois and surrounding areas for the past 14 years. The Debtor
has 
approximately 10 employees. 

Preferred Concrete filed for Chapter 11 bankruptcy protection 
(Bankr. N.D. Ill. Case No. 16-81114) on May 4, 2016. The 
petition was signed by Gerald Hartman, president. The Debtor is 
represented by O. Allan Fridman, Esq., at the Law Office of O.
Allan Fridman. 

The Debtor estimated assets at $0 to $50,000 and liabilities at 
$100,000 to $500,000 at the time of the filing.  


PRESTIGE INDUSTRIES: Feb. 10 Meeting Set to Form Creditors' Panel
-----------------------------------------------------------------
Andy Vara, United States Trustee for Region 3, will hold an
organizational meeting on Feb. 10, 2017, at 10:00 a.m. in the
bankruptcy case of Prestige Industries LLC.

The meeting will be held at:

               The Doubletree Hotel
               700 King Street
               Wilmington, DE 19801

The sole purpose of the meeting will be to form a committee or
committees of unsecured creditors in the Debtors' case.

The organizational meeting is not the meeting of creditors pursuant
to Section 341 of the Bankruptcy Code.  A representative of the
Debtor, however, may attend the Organizational Meeting, and provide
background information regarding the bankruptcy cases.

To increase participation in the Chapter 11 proceeding, Section
1102 of the Bankruptcy Code requires that the United States Trustee
appoint a committee of unsecured creditors as soon as practicable.
The Committee ordinarily consists of the persons, willing to serve,
that hold the seven largest unsecured claims against the debtor of
the kinds represented on the committee.

Section 1103 of the Bankruptcy Code provides that the Committee may
consult with the debtor, investigate the debtor and its business
operations and participate in the formulation of a plan of
reorganization.  The Committee may also perform other services as
are in the interests of the unsecured creditors whom it
represents.

Prestige was founded by Joe Cho with the purchase of a retail
laundry and dry cleaning facility in Manhattan in 1995.  The Debtor
acquired its first linen cleaning facility in Bay Shore, New York
in 2005, however, Prestige remained a predominantly retail
operation through 2006.  

As of the Petition Date, the Debtor employs approximately 582
individuals.  The Debtor serves over 90 customers ranging from
premium hotel chains to signature boutique hotels.

To enable the Debtor to reduce the adverse effects of the
commencement of this Chapter 11 case on its organization, the
Debtor has requested various types of relief in its "first day"
motions and applications.  The Debtor is seeking court permission
to, among other things, pay employee obligations, use existing bank
accounts, obtain post-petition financing, and prohibit utility
companies from discontinuing services.

"The First Day Motions seek relief intended to allow the Debtor to
effectively transition into Chapter 11 and minimize disruption,
thereby preserving and maximizing the value of the Debtor's
estate," Mr. Fung maintained.

The Debtor has hired Dilworth Paxson LLP as bankruptcy counsel and
SSG Advisors, LLC as investment banker.

The Chapter 11 case  (Bankr. D. Del. Case No. 17-10186) was filed
on Jan. 30, 2017.  Judge Kevin Gross is assigned to the case.

The Debtor estimated assets and liabilities in the range of $10
million to $50 million each.


PRESTIGE INDUSTRIES: Wants DIP Loan From Wells Fargo, Rosenthal
---------------------------------------------------------------
Prestige Industries LLC asks the U.S. Bankruptcy Court for the
District of Delaware for authorization to obtain post-petition
financing from Wells Fargo Bank and Rosenthal & Rosenthal, Inc.,
and to use cash collateral.

The material provisions of the Wells Debtor-in-possession
Agreement, among others, are:

     (1) DIP Lender: Wells Fargo Bank

     (2) DIP Facility Amount: A maximum amount outstanding of
$5,200,000, which represents no change in the maximum amount of the
pre-petition credit facility, and which may be drawn by the Debtor
in periodic advances limited by an availability formula.  The
Debtor seeks interim approval to borrow up to $725,000 in addition
to the current loan balance of approximately $3,275,000.

     (3) Interest Rate: The effective non-default interest rate is
the prime rate plus 2% on line of credit advances and the prime
rate plus 2.5% on the term loan obligations.

     (4) Repayment of Loan: The Debtor agrees to repay in full all
outstanding principal amounts of the Loan on the Maturity Date
which is the earliest to occur of:

          (a) June 30, 2017;

          (b) 30 days after the entry of the Interim Financing
Order if the Permanent Financing Order has not been entered prior
to the expiration of such 30-day period;

          (c) the effective date of a plan of reorganization filed
in the Chapter 11 Case pursuant to an Order entered by the
Bankruptcy Court;

          (d) the date the Bankruptcy Court orders the conversion
of the bankruptcy case of any Debtor to a Chapter 7;

          (e) the date the DIP Agreement is otherwise terminated
for any reason whatsoever, pursuant to the terms of the DIP
Agreement;

          (f) subject to the Financing Order, the acceleration of
the Obligations or termination of the Commitments, including
without limitation, as a result of the occurrence of an Event of
Default; and

          (g) the sale of all or substantially all of the
Debtors’ assets.

     (5) Carve-Out: Consists of:

          (i) all allowed administrative expenses, for fees
required to be paid to the Clerk of the Bankruptcy Court and for
fees payable to the Office of the United States Trustee;

         (ii) all reasonable fees and expenses up to $5,000
incurred by a trustee under Section 726(b) of the Bankruptcy Code;


         (iii) to the extent allowed by the Bankruptcy Court at any
time, whether by interim order, procedural order, or otherwise, all
fees, disbursements, costs and expenses of the Professionals
incurred in an aggregate amount not to exceed $50,000.

     (6) Use of Proceeds: The proceeds of the Loan may be used only
to the extent provided for in the Budget, as may be permitted by
the Loan Documents, and as authorized by the Bankruptcy Court and
consented to by the Lender for:

          (i) general working capital needs;

          (ii) the repayment of the Obligations; and

          (iii) the payment of fees, expenses, and costs incurred
by Lender in connection with this Ratification Agreement and the
Chapter 11 Case.

     (7) Grant of Security Interest: Substantially all of the
Debtor’s pre-petition and post-petition assets; provided,
however, that the collateral will include causes of action under
Sections 542, 544, 545, 547, 548, 549, 550, 551, 552 and 553 of the
Bankruptcy Code, only upon entry of a permanent financing order.
All obligations to the Lender are secured by a first priority
security interest and superpriority administrative expense, subject
to the Carve-Out.

     (8) Roll-up of Pre-petition Debt:  The Lender is permitted to
apply loan payments to pre-petition debt.  

The material provisions of the Rosenthal DIP Agreement, among
others, are:

     (1) DIP Lender: Rosenthal & Rosenthal, Inc.

     (2) DIP Facility Amount: A maximum amount outstanding of
$5,200,000, which represents no change from the pre-petition credit
facility maximum.  The Debtor’s ability to borrow is limited by
an availability formula.

     (3) Interest Rates: The non-default interest rate ranges from
6% to 9.5% and the default rate is 1.5% per month.

     (4) Final Order: The Lender will provide the loan only after
the entry of the Final Order.

     (5) Carve-Out: Consists of:

          (i) all allowed administrative expenses for fees required
to be paid to the Clerk of the Bankruptcy Court and for fees
payable to the Office of the United States Trustee;

          (ii) all reasonable fees and expenses up to $5,000
incurred by a trustee under Section 726(b) of the Bankruptcy Code;


          (iii) to the extent allowed by the Bankruptcy Court at
any time, whether by interim order, procedural order, or otherwise,
all fees, disbursements, costs and expenses of the Professionals
incurred in an aggregate amount not to exceed $250,000.

     (6) Grant of Security Interest: Substantially all of the
Debtor’s pre-petition and post- petition assets; provided,
however, that the collateral will include causes of action under
Sections 542, 544, 545, 547, 548, 549, 550, 551, 552 and 553 of the
Bankruptcy Code.  All obligations to the Lender are secured by a
first priority security interest and superpriority administrative
expense, subject to the Carve-Out.

     (7) Termination Date:  February 28, 2018, subject to earlier
termination upon default.

The Debtor relates that substantially all of its assets are also
subject to a security interest in favor of Medley Capital
Corporation, as agent for itself and St. Cloud Capital Partners II,
L.P.

The Debtor relates that absent the ability to obtain
debtor-in-possession financing and use cash collateral, the Debtor
will not be able to pay insurance, wages, rent, utility charges,
and other critical operating expenses.  The Debtor further relates
that without access to cash collateral, the Debtor will not be able
to maintain their business operations and continue their
restructuring efforts, and would likely be forced to cease
operations and liquidate.  

The proposed Budget for the Wells Fargo DIP Facility provides for
total disbursements in the amount of $6,555,174 for the period
beginning on the week ending January 29, 2017 through March 26,
2017.

The Debtor proposes to grant the Lenders security equivalent to a
lien granted under section 364(c)(2) and (3) and 364(d) of the
Bankruptcy Code, in and upon the Debtor's property and the cash
collateral, whether such property was acquired before or after the
Petition Date, to the extent provided in the Wells DIP Agreement.

As adequate protection for any diminution in value of Medley
Capital Corporation's interests, the Debtor requests that the Court
grant Medley Capital Corporation security equivalent to a lien
granted under section 364(c)(2) and (3) of the Bankruptcy Code in
and upon the Debtor’s property and the cash collateral, whether
such property was acquired before or after the Petition Date, which
liens shall be junior and subordinate to the liens of the DIP
Lenders.

The Rosenthal DIP Agreement provides for the following Plan
Milestones:

     (1) On or before July 1, 2017, Debtor will (i) finalize and
deliver to Lender a business plan, (ii) deliver to Lender a draft
plan of reorganization and (iii) deliver to Lender a draft
disclosure statement, each in form and substance acceptable to
Lender;

     (2) On or before August 1, 2017, Debtor will file with the
Bankruptcy Court a proposed Acceptable Reorganization Plan;

     (3) On or before September 1, 2017, Debtor will obtain
approval of a disclosure statement in form and substance acceptable
to Lender;

     (4) On or before October 1, 2017, Debtor will commence
solicitation of acceptances for an Acceptable Reorganization Plan
pursuant to a disclosure statement and solicitation procedures
approved by the Bankruptcy Court that are in form and substance
acceptable to Lender;

     (5) On or before November 15, 2017, the Debtor will obtain
entry of an order of the Bankruptcy Court confirming an Acceptable
Reorganization Plan, which order will be in form and substance
acceptable to Lender; and

     (6) On or before November 30, 2017, the effective date of an
Acceptable Reorganization Plan will have occurred and the order
confirming the Acceptable Reorganization Plan will not have been
amended, modified, supplemented other than as agreed in writing by
Lender.

The Rosenthal DIP provides for the following Sale Milestones:

     (1) No later than 10 days following a Milestone Default or
Other Default, the Debtor will file a motion, in form and substance
satisfactory to Lender, requesting approval from the Bankruptcy
Court to retain a nationally-recognized investment banking firm
acceptable to Lender on terms and conditions acceptable to Lender
in its discretion to conduct the marketing and sale process for all
or substantially all of the assets of Borrower.

     (2) No later than 20 days following a Milestone Default or
Other Default, the Bankruptcy Court will have entered an order, in
form and substance satisfactory to Lender, authorizing the
retention of the Investment Banker on terms and conditions
acceptable to Agent in its discretion.

     (3) No later than 20 days days following a Milestone Default
or Other Default, Debtor will obtain the entry of an order of the
Bankruptcy Court, in form and substance satisfactory to Lender (i)
approving the bidding procedures for the sale of all or
substantially all of the Debtor’s assets in accordance with
Section 363 of the Bankruptcy Code including, without limitation, a
form of asset purchase agreement acceptable to Lender in its sole
discretion, and (ii) providing that all cash proceeds generated by
such Sale, less reasonable out of pocket fees, costs and expenses
directly arising from the closing of such Sale, subject to approval
by Lender will be remitted to Lender for application against, and
in permanent reduction of, the Maximum Credit Facility

     (4) Not later than 45 days following a Milestone Default or
Other Default, the Debtor will have entered into an agreement in
form and substance acceptable to Lender with a stalking horse
bidder, reasonably acceptable to Lender, committing to purchase all
or substantially all of the Debtor’s assets.

     (5) No later than 70 days following a Milestone Default or
Other Default, Debtor will conduct an auction, in accordance with
the Bid Procedures Order, if more than one bona fide offer is
received meeting the conditions set forth in the Bid Procedures
Order;

     (6) Not later than two Business Days after the Auction, the
Bankruptcy Court will have entered an Order, which will provide
for, among other things, distribution of sale proceeds to Lender in
a minimum cash amount not less than the amount required to satisfy
the Obligations owed to Lender, and otherwise in form and substance
satisfactory to Lender, approving the sale or sales of all or
substantially of the Debtor’s assets, on terms and conditions
acceptable to Lender, and authorizing and directing that all
proceeds from the Sale be remitted to Lender for application
against and permanent reduction of the Obligations.

     (7) Not later than two Business Days after the Sale Order is
entered, the closing of the Bankruptcy Court-approved Sale will
have occurred.

     (8) Debtor confirms, acknowledges and agrees that
notwithstanding anything to the contrary contained in the DIP
Agreement, any failure to comply with the requirements set forth in
Section 8.2 of the DIP Agreement will constitute an additional
immediate Event of Default under this Agreement.

A full-text copy of the Debtor's Motion, dated January 30, 2017, is
available at
http://bankrupt.com/misc/PrestigeIndustries2017_1710186kg_14.pdf

A full-text copy of the Wells DIP Agreement, dated January 30,
2017, is available at
http://bankrupt.com/misc/PrestigeInduestries2017_1710186kg_14_2.pdf

A full-text copy of the Rosenthal DIP Agreement, dated January 30,
2017, is available at
http://bankrupt.com/misc/PrestigeInduestries2017_1710186kg_14_4.pdf

Wells Fargo Bank is represented by:

          Daniel F. Fiorillo, Esq.
          OTTERBOURG P.C.
          230 Park Avenue - 30th Floor
          New York, BY 10169

Rosenthal & Rosenthal, Inc. is represented by:

          Michael Wenger, Esq.
          1370 Broadway
          New York, NY 10018

                About Prestige Industries, LLC.

Prestige Industries LLC, based in North Bergen, New Jersey, filed a
chapter 11 petition (Bankr. D. Del. Case No. 17-10186) on January
30, 2017.  The petition was signed by Jonathan Fung, CEO/CFO.  The
Debtor is represented by Peter C. Hughes, Esq., at Dilworth Paxson
LLP.  The Debtor engaged SSG Advisors, LLC as its investment
banker.  The case is assigned to Judge Kevin Gross.  The Debtor
estimated assets and debt at $10 million to $50 million at the time
of the filing.



PROGRESSIVE ACUTE: Can Continue Cash Use Until March 17
-------------------------------------------------------
Judge Robert Summerhays of the U.S. Bankruptcy Court for the
Western District of Louisiana authorized Progressive Acute Care,
LLC and its affiliated Debtors to use Business First Bank's cash
collateral.

The approved Budget reflects total operating cash disbursements of
$1,014,386 from week ending February 3, 2017 through week ending
March 17, 2017.

Business First Bank was granted perfected liens and security
interests on the Debtors' post-petition properties of the kind,
nature, and in the same priority that Business First Bank held in
the Debtors' pre-petition property.

Business First Bank was granted an allowed super-priority
administrative claim over any and all other obligations,
liabilities and indebtedness of the Debtors, to the extent that the
cash collateral will result in diminution of the value, subject to
the Carve-Out.

The Debtors were directed to continue to provide Business First
Bank and the Official Committee of Unsecured Creditors with a
report detailing the expenditures made and the use of the cash
collateral, and produce all financial statements, reports, and
other documents required under the Loan Documents.

The Debtors were authorized to use cash collateral until the
earliest to occur of:

       (a) March 17, 2017;

       (b) the payment in full or refinance of all of the Debtors'
obligations under the Loan Documents in their entirety,

       (c) the occurrence of any of these Termination Events:

            (i) the Debtors' failure to timely comply with any
terms, covenants, provisions, or agreements contained in the
Seventh Interim Order;

            (ii) the Debtors' failure to comply with any terms,
covenants, provisions, or agreements contained in the Loan
Documents;

            (iii) the entry of an order dismissing any of the
Debtors' Chapter 11 cases, or converting any of the Debtors'
Chapter 11 cases to one under Chapter 7, or appointing a Chapter 11
trustee, chief responsible officer, or examiner;

            (iv) if, on an aggregate cumulative basis, cash
disbursements exceed the cash disbursements projected in the
Budget, however, that there will be an allowed 15% variance to the
aggregate cumulative amount of cash disbursements; or,

            (v) if the Court has not entered a final order (or an
eighth extended Interim Order) with respect to the Motion on or
before March 17, 2017.

The final hearing on the further use of cash collateral is
scheduled on March 14, 2017, at 10:00 a.m.  The deadline for the
filing of objections to the further use of cash collateral is set
on March 7, 2017.

A full-text copy of the Seventh Consent Order, dated January 31,
2017, is available at https://is.gd/nmiVKk

A full-text copy of the Debtor's Budget, dated January 31, 2017, is
available at https://is.gd/kwljP3

               About Progressive Acute Care

Progressive Acute Care, LLC, Progressive Acute Care Avoyelles, LLC,
Progressive Acute Care Oakdale, LLC, and Progressive Acute Care
Winn, LLC filed Chapter 11 petitions (Bankr. W.D. La. Case Nos.
16-50740, 16-80584, 16-50742, and 16-50743, respectively) on May
31, 2016.  The petitions were signed by Daniel Rissing, CEO.  The
case is assigned to Judge Robert Summerhays. At the time of the
filing, the Debtors estimated assets and debts at $10 million to
$50 million.

The Debtors are represented by Barbara B. Parsons, Esq., Catherine
Noel Steffes, Esq., William E. Steffes, Esq., at Steffes, Vingiello
& McKenzie, LLC.  The Debtors retained Solic Capital Advisors, LLC,
as their Financial Advisor; Sullivan Stolier, LC as special
counsel; and TFG Consulting, LLC as accountant.  

Henry Hobbs, Jr., acting U.S. Trustee for Region 5, on Dec. 20,
2016, added Dawn Yarnall and Ryan Domengeaux to the Official
Committee of Unsecured Creditors of Progressive Acute Care, LLC.
As reported by the TCR on June 24, 2016, the Acting U.S. Trustee on
June 21 appointed three creditors to serve on the Committee,
namely: Christopher Lehmann, Lifeshare Blood Centers and Omega
Diagnostics.

The Committee tapped Sills Cummis & Gross P.C. as its legal
counsel, and Kean Miller LLP as co-counsel.


QUINN'S JUNCTION: Court OKs Cash Collateral Use Through April 30
----------------------------------------------------------------
Judge Joel T. Marker of the U.S. Bankruptcy Court for the District
of Utah authorized Quinn's Junction Properties, LC and its property
manager, Park City Film Studios Development Company, LC, also known
as PCFS, to use cash collateral from Feb. 1, 2017 through April 30,
2017.

The approved Budget provided for total estimated cash expenditures
of $124,240 for the months of February through April.

Judge Marker prohibited the Debtor and PCFS from paying any
administrative claims for professional fees or expenses of
professional, or repay any amounts borrowed from R3Media
Corporation, from cash collateral unless specifically authorized to
pay such claims or repay such borrowings, pursuant to further Order
of the Court.

The Debtor and PCFS were directed to provide reasonable accountings
of their expenditures of cash collateral under the Budget upon
request.

A full-text copy of the Order, dated January 30, 2017, is available
at
http://bankrupt.com/misc/QuinnsJunctionProperties2016_1624458_247.pdf

            About Quinn's Junction Properties, LC

Quinn's Junction Properties, LC, filed a chapter 11 petition
(Bankr. D. Utah Case No. 16-24458) on May 23, 2016.  The petition
was signed by Michael Martin, chief restructuring officer.  The
case is assigned to Judge Joel T. Marker.  At the time of filing,
the Debtor estimated both assets and liabilities in the range of
$10 million to $50 million.

George B. Hofmann, Esq., at Cohne Kinghorn PC, serves as the
Debtor's general bankruptcy counsel.  Stanley J. Preston, Esq., at
Preston & Scott, LLC, serves as the Debtor's special litigation
counsel.

The Debtor is managing its assets and properties as
debtor-in-possession.  No trustee or examiner has been appointed,
and no official committee of creditors or equity interest holders
has yet been established.


RALSTON-LIPPINCOTT: CKI Asks for Court OK to Use Cash Collateral
----------------------------------------------------------------
Debtor CKI, LLC asks the U.S. Bankruptcy Court for the Southern
District of New York for authorization to use cash collateral.

The Debtor contends that it needs to use the revenues from its
funeral service business, and the rents from its Greenwood Lake
Property, to pay necessary business expenses, including the
necessary carrying costs of the Greenwood Lake Property, which is
located at 4 Oak Street, Greenwood Lake, New York.  The Debtor
further contends that its loan agreements with prepetition secured
lender Orange Bank & Trust Company, f/k/a Orange County Trust
Company, include assignments of rents, which purport to broadly
define all of the Debtor’s operating revenue as rents.

The Debtor's proposed monthly Budget for the Greenwood Lake
Property provides for total expenses in the amount of $11,200.

The Debtor recounts it had obtained prepetition financing together
with its affiliated Debtors Ralston-Lippincott-Hasbrouck-Ingrassia
Funeral Home, Inc., Lippincott-Ingrassia Funeral Home, Inc., and
Lippincott Funeral Chapel, Inc., from Orange Bank.  As participants
in the Loan, each of the Debtors guaranteed the obligations of the
others, and pledged their property as further collateral for their
guarantee.  The Debtor further relates that the loan balance as of
the Petition Date is approximately $2.1 million.  

The Debtor proposes to provide Orange Bank with:

     (1) replacement liens, to the extent of such liens before the
Petition Date;

     (2) the payment of contractual monthly mortgage installments,
including escrows for taxes and insurance; and

     (3) financial reporting in the form of the Debtor's monthly
operating reports as required by the Office of the United States
Trustee.

A full-text copy of the Debtors' Motion, dated Jan. 27, 2017, is
available at
http://bankrupt.com/misc/RalstonLippincott2017_1735114cgm_6.pdf

A full-text copy of the Debtors' proposed Budget, dated Jan. 27,
2017, is available at
http://bankrupt.com/misc/RalstonLippincott2017_1735114cgm_6_2.pdf

           About Ralston-Lippincott-Hasbrouck-Ingrassia
                      Funeral Home, Inc.

Ralston-Lippincott-Hasbrouck-Ingrassia Funeral Home, Inc.,
Lippincott-Ingrassia Funeral Home, Inc., Lippincott Funeral Chapel,
Inc. and CKI, LLC filed chapter 11 petitions (Bankr. S.D.N.Y. Case
Nos. 17-35114, 17-35115, 17-35116, and 17-35117) on January 26,
2017.  The petitions were signed by Anthony Ingrassia, president.
The Debtors are represented by Mike Pinsky, Esq., at Hayward,
Parker, O'Leary & Pinsky.  The case is assigned to Judge Cecelia G.
Morris.  

Ralston-Lippincott-Hasbrouck-Ingrassia disclosed assets at
$1,280,000 and liabilities at $1,110,000, while
Lippincott-Ingrassia Funeral disclosed assets at $557,600 and
liabilities at $422,138.

Debtors Ralston-Lippincott-Hasbrouck-Ingrassia Funeral Home, Inc.,
Lippincott-Ingrassia Funeral Home, Inc. and Lippincott Funeral
Chapel, Inc. own and operate affiliated funeral homes in Orange
County, New York.

The funeral home owned and operated by
Ralston-Lippincott-Hasbrouck-Ingrassia Funeral Home, Inc. is
located at 72 West Main Street in Middletown, New York.

The funeral home owned and operated by Lippincott-Ingrassia Funeral
Home, Inc. is located at 92 Main Street in Chester, New York.

The funeral home owned and operated by Lippincott Funeral Chapel,
Inc. is located at 107 Murray Street in Goshen, New York.

Debtor CKI owns improved real estate located at 4 Oak Street,
Greenwood Lake, New York 10925.  The Greenwood Lake Property is
rented to non-debtor affiliate Caitant, Inc., which operates that
property as an affiliated funeral home.


REDSKINS GRILLE: Wants to Use First Republic Cash Collateral
------------------------------------------------------------
Redskins Grille 1, LLC d/b/a Hail & Hog Kitchen and Tap seeks
authorization from the U.S. Bankruptcy Court for the Eastern
District of Virginia to use cash collateral.

The Debtor operates a theme restaurant paying homage to the NFL's
Washington Redskins at 20376 Exchange Street, Ashburn, VA 20147.

The Debtor intends to use cash collateral to pay reasonable and
necessary general operating and administrative expenses during the
Debtor's reorganization.  The Debtor contends that it has engaged
in reasonable exploration of the availability of alternate credit,
however it is unable to obtain post-petition credit.

First Republic Bank has a perfected security interest in the
Debtor's cash collateral in the amount of $7,332, and post-petition
proceeds from sale of other collateral.

The Debtor proposes to grant First Republic Bank a replacement lien
in post-petition cash collateral.  The Debtor further proposes to
grant First Republic Bank a continuing lien over substantially all
of Debtor's assets and third-party guaranties.

A full-text copy of the Debtor's Motion, dated January 31, 2017, is
available at https://is.gd/bNffps

               About Redskins Grille 1, LLC

Redskins Grille 1, LLC d/b/a Hail & Hog Kitchen and Tap filed a
Chapter 11 petition (Bankr. E.D. Va. Case No. 17-10102), on January
10, 2017.  The petition was signed by Robert E. Burness, Managing
Member.  The case is assigned to Judge Robert G. Mayer.  The Debtor
is represented by Roy M. Terry, Jr., Esq., at Sands Anderson PC.
At the time of filing, the Debtor estimated assets and liabilities
at $1 million to $10 million each.


RESIDENTIAL CAPITAL: 2nd Cir. Court Affirms Ruling on Barry Mack
----------------------------------------------------------------
Martin O'Sullivan, writing for Law360, reports that the U.S. Court
of Appeals for the Second Circuit has affirmed a ruling that Barry
Mack, whose wife, Cheryl, died in 2013 of causes linked to her 2009
suicide attempt under the stress of losing their Naples home, is
excluded from winning damages against Residential Capital LLC's
borrower claims trust due to a faulty address on a letter
challenging a wrongful foreclosure.  Law360 recalls that Mr. Mack
told the Second Circuit earlier in January that he should not be
barred from recovering damages.

                    About Residential Capital

Residential Capital LLC, the unprofitable mortgage subsidiary of
Ally Financial Inc., filed for bankruptcy protection (Bankr.
S.D.N.Y. Lead Case No. 12-12020) on May 14, 2012.  Neither Ally
Financial nor Ally Bank is included in the bankruptcy filings.

ResCap, one of the country's largest mortgage originators and
servicers, was sent to Chapter 11 with 50 subsidiaries amid
"continuing industry challenges, rising litigation costs and
claims, and regulatory uncertainty," according to a company
statement.

ResCap disclosed $15.7 billion in assets and $15.3 billion in
liabilities at March 31, 2012.

Centerview Partners LLC and FTI Consulting are acting as financial
advisers to ResCap.  Morrison & Foerster LLP is acting as legal
adviser to ResCap.  Curtis, Mallet-Prevost, Colt & Mosle LLP is
the conflicts counsel.  Rubenstein Associates, Inc., is the public
relations consultants to the Company in the Chapter 11 case.
Morrison Cohen LLP is advising ResCap's independent directors.
Kurtzman Carson Consultants LLP is the claims and notice agent.

Ray C. Schrock, Esq., at Kirkland & Ellis LLP, in New York, serves
as counsel to Ally Financial.

ResCap sold most of the businesses for a combined $4.5 billion.

The Bankruptcy Court in November 2012 approved ResCap's sale of
its mortgage servicing and origination platform assets to Ocwen
Loan Servicing, LLC and Walter Investment Management Corporation
for $3 billion; and its portfolio of roughly 50,000 whole loans to
Berkshire Hathaway for $1.5 billion.

Judge Martin Glenn in December 2013 confirmed the Joint Chapter 11
Plan co-proposed by Residential Capital and the Official Committee
of Unsecured Creditors.

                      *     *     *

The ResCap Liquidating Trust was established in December 2013 under
the Second Amended Joint Chapter 11 Plan of Residential Capital,
LLC, et al., to liquidate and distribute assets of the debtors in
the ResCap bankruptcy case.  The Trust maintains a website at
www.rescapliquidatingtrust.com, which Unitholders are urged to
consult, where Unitholders may obtain information concerning the
Trust, including current developments.


RICHARD DODDS: Wightman Buying Craig Property for $300K
-------------------------------------------------------
Richard John Dodds and Cheryl Ann Dodds ask the U.S. Bankruptcy
Court for the District of Colorado to authorize the sale of
residential real estate located at 37399 North Highway 13, Craig,
Colorado, outside the ordinary course of business, to Kenneth A.
Wightman for $300,000.

On the Petition Date, the Debtors owned the Craig Property.  They
scheduled the value of the Craig Property as $625,000.  The Craig
Property consists of two parcels: (i) a parcel of approximately 22
acres with a residential home on the property ("Craig Residence");
and (ii) an adjacent parcel of approximately 8 acres which is a
commercial property ("Craig Commercial").  Prior to and on the
Petition Date, the Debtors used the Craig Residence as their
primary residence.  The Debtors conducted commercial operations on
the Craig Commercial property, including their fishing and hunting
expeditions.

The Craig Residence is subject to these recorded liens and
encumbrances:

          a. A deed of trust dated Aug. 18, 2015 for the benefit of
Border State Bank to secure the sum of $600,000, recorded with the
Moffat County Clerk and Recorder on Aug. 12, 2015 at Reception No.
20152666.

          b. A Transcript of Judgment in favor of Turning Point
Management, Inc., against the Debtors and Elkorn Outfitters, Inc.,
in the sum of $7,560 dated June 8, 2015, which was recorded with
the Moffat County Clerk and Recorder on Oct. 13, 2015, at Reception
No. 20153269.

          c. A Transcript of Judgment in favor of Ford Motor Credit
Co., LLC against Mr. Dodds, in the amount of $6,821, dated Jan. 28,
2015, recorded with the Moffat County Clerk and Recorder on March
3, 2015, at Reception No. 20150846.

          d. A Notice of Federal Tax Lien for the Internal Revenue
Service on behalf of the SBA, in the amount of $31,496, dated Oct.
27, 2011, recorded with the Moffat County Clerk and Recorder on
Nov. 7, 2011, at Reception No. 20116767.

Upon information and belief, these are the real estate taxes owed
for Craig Residence:

   a. For the tax year 2015, the sum of $1,651;

   b. For the tax year 2016, the Debtors estimate that the sum of
$1,460; and

   c. While not yet due and owing, there will be real property
taxes accruing against the Craig Residence for 2017.  The Debtors'
pro-rated share of the estimated 2017 taxes are approximately,
$180, assuming an estimated closing date of Feb. 15, 2017.

According to the proof of claim filed by Border State Bank, the
amount owed to them is $615,079.  However, this claim is also
secured by other real property as follows:

   a. real property owned by the Debtors known as 30886 Eagle Lake
Road, Frazee, Minnesota;

   b. real property owned by the Debtors known as 37347 Red Top
Road, Ponsford, Minnesota; and

   c. real property owned by Elkhorn Outfitters, Inc., known as
2811 Riverview Drive NW, Baudette, Minnesota.

The Debtors assert that following a refinancing with Border State
Bank in August of 2015, all senior liens and encumbrances against
the Craig Residence were satisfied, including all judgment liens,
tax liens, etc.

As to the lien of Turning Point Management, the Debtors assert that
this debt was satisfied at the time of the financing with Border
State Bank, and therefore is no longer owing and should be
released.  The Debtors have contacted Turning Point Management who
will be providing a release for the closing of the sale.

As to the junior lien of Ford Motor Credit Co., the Debtors paid
such lien upon the sale of the vehicle.  Thus, Ford Motor Credit's
lien should be released.  However, the release was never properly
recorded prepetition.  The counsel for the Debtors have advised
counsel for Ford Motor Credit.  

As of the filing of the Motion, the cooperation of counsel Ford
Motor Credit has not been forthcoming.

The IRS filed a proof of claim asserting that $33,020 of its claim
was secured, based upon its recording of the Notice of Levy with
the Clerk and Recorder of Moffat County, Colorado.  The Debtors
dispute the secured claim of the IRS.  The Debtors made multiple
attempts to contact the IRS concerning their claim in the
bankruptcy case.  The IRS has yet to do the Debtors the courtesy of
returning their communications.  The Debtors will therefore escrow
$33,020 from the proceeds of the sale of the Craig Residence with
Land Title who will hold such sums pending further order of the
Court.

As such, the Debtors dispute all liens other than the lien of
Border State Bank.

The Debtors received an interest to buy the Craig Residence from
the Buyer.  After negotiation, the Debtors and the Buyer entered
into a Contract to Buy and Sell Real Estate to sell the Craig
Residence to the Buyer for the sum of $300,000.  Under the Contract
to Sell the Craig Residence, the Debtors will receive $300,000 for
the property minus the costs of sale, closing costs, title fees,
recording fees, etc.  The sale to the Buyer is conditioned on an
order from the Court approving the sale.

The Debtors propose to sell the Craig Residence outside the
ordinary course of business and free and clear of any liens and
other interests in such property of entities other than the estate
if any, to the Buyer pursuant to the Contract for the sum of
$300,000.  The Debtors negotiated the purchase price with the Buyer
at arm's-length.

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

         http://bankrupt.com/misc/Richard_Dodds_81_Sales.pdf

From the proceeds of the sale to the Buyer, the Debtor will pay
these: (i) all real estate taxes - $3,291; (ii) IRS tax lien
(escrowed) -$33,020; (iii) miscellaneous closing costs, title fees,
recording fees, etc. - $10,000; (iv) Border State Bank - $253,689.
This amount will allow the Debtors to pay the lien of Border State
Bank.  No distribution will be made on account of the judgment
liens or other encumbrances.  The anticipated closing date is
immediately following entry of a Court Order approving the sale.
Time is of the essence as the Buyer must close on the purchase of
the Craig Residence no later than Feb. 12, 2017.

The Debtors assert that there are sound business reasons for
selling the Craig Residence and that the sale of such property
pursuant to the Contract to Sell upon approval of the Motion is in
the best interest of the bankruptcy estate and the creditors
because the sale will allow the Debtors to pay the claim of Border
State Bank.

The Debtors also intend to sell the Craig Commercial following the
closing of the sale of the Craig Residence.  The Debtors have
negotiated a purchase of the Craig Commercial for the price of
$350,000.  Should the Court also approve the sale of the Craig
Commercial, the Debtors estimate that after satisfying the claim of
Border State Bank, there will be excess proceeds available for all
unsecured and priority creditors in the case.

Pursuant to a prior Stipulation between the Debtors and Border
State Bank, following the sale of the Craig Commercial property,
Border State Bank has agreed that the Debtors may escrow an amount
sufficient to satisfy all of the priority unsecured creditors and
general unsecured creditors, approximately $166,525, from the sale
of such property.  Such escrowed funds shall not be subject to any
lien held by Border State Bank.  Notwithstanding the foregoing, in
the event that the Proof of Claim No. 13 is not satisfied in full,
Border State Bank reserves its right to assert a claim against all
or a portion of the escrowed funds in order to satisfy any
deficiency owed to it.

In order to consummate the sale of the Craig Residence in
accordance with the terms of the Contract to Sell, the Debtors ask
that the Court suspend the operation of Fed.R.Bankr.P. 6004(h),
which automatically stays for 10 days an Order authorizing the use,
sale or lease of property other than cash collateral.

The Purchaser can be reached at:

          Kenneth A. Wightman
          1111 Mt. Kemdle Ave.
          Morristown, NJ 07960
          Cellphone: (973) 820-3415
          Telephone: (973) 425-0007
          E-mail: wightmansfarms@yahoo.com

Richard John Dodds and Cheryl Ann Dodds sought Chapter 11
protection (Bankr. D. Colo. Case No. 16-10809) on Feb. 1, 2016.


ROJO FIVE: Simon Buying All Assets for $50K
-------------------------------------------
Rojo Five, LLC, asks the U.S. Bankruptcy Court for the Eastern
District of Michigan to authorize the private sale of substantially
all assets to Steve Simon for $50,000.

An Order has been entered in the case directing the procedural
consolidation and joint administration of the chapter 11 cases of
Rojo One, LLC; Rojo Two, LLC; Rojo Four, LLC; Rojo Five, LLC; and
Rojo Six, LLC (Case No. 16-54348-mlo).

On Oct. 20, 2016, the Debtors filed a voluntary petition for relief
under chapter 11 of the Bankruptcy Code.  The Debtors' principal
places of business assets are located in Rochester, Michigan; Novi,
Michigan; Sterling Heights, Michigan; and Birmingham, Michigan.
The Debtors now have possession of their assets and plan to manage
the affairs of their estate as a debtor in possession in accordance
with 11 U.S.C. Sections 1107 and 1108.  The Debtors have all of the
rights and powers of a trustee in bankruptcy pursuant to 11 U.S.C.
Section 1107(a).

Debtor Rojo One conducts business out of Novi, Michigan as Duel
Novi and operates as a dueling piano bar.  Debtor Rojo Two conducts
business out of Rochester, Michigan as Rojo Mexican Bistro and
operates as a restaurant.  Debtor Rojo Four conducts business out
of Sterling Heights, Michigan as Rojo Mexican Bistro and operates
as a restaurant.  Debtor Rojo Five conducts business out of
Birmingham, Michigan as Rojo Mexican Bistro and Sidecar Slider Bar
and operates as 2 restaurants.  Debtor Rojo Six conducts business
out of Novi, Michigan as Rojo Mexican Bistro and Michigan Beer
Company and operates as 2 restaurants.

Since July 2016, Thomas Hospitality Group was engaged by the Rojo
ownership to market the 5 existing restaurants.  Thomas Hospitality
specializes in restaurants, bars and nightclubs, and its employees
are specifically experienced in this industry and have personal
contacts with many of the key players in the hospitality industry.

Thomas Hospitality's marketing efforts have focused on presenting
each of the restaurant sites on its Web site.  Thomas Hospitality
then fields calls from people who have visited its site; have
executed a confidentiality agreement; and have discussed their
operational needs and locations of interest.  Parallel to the
marketing done through the Thomas Hospitality Web site,
advertisements are placed on Loopnet and on BizBuySell, a Web site
that focuses on businesses for sale that may not have a real estate
component, and advertisements are placed in the Detroit News.  

Thomas Hospitality  performed a valuation report of the Debtor.
The value as determined by Thomas Hospitality is that the value is
zero since all personal property is leased by the Debtor.

On Jan. 17, 2017, the Debtor and the Purchaser entered into Letter
of Intent to Purchase.  The purchase price for the property is
$50,000 plus certain cure costs associated with the Debtor's
assumption and assignment.  The purchase price is subject to
increase or decrease on account of certain prorations and
adjustments customarily prorated between a purchaser and a seller
of similar assets.  The Purchaser has made a good faith deposit in
the amount of $5,000 which will be credited to the purchase price
at closing.

Except for certain cost to be paid by the Purchaser pursuant to the
Agreement certain other costs to be paid by the Purchaser, the
Agreement requires that the Debtor deliver the Property to
Purchaser free and clear of all liens, claims, interests and
encumbrances.  The consummation of the proposed sale to the
Purchaser is conditioned, among other things set forth the entry of
a Sale Order approving the sale by the Court; assignment of the
existing lease to the Purchaser.

A copy of the Agreement and the valuation report attached to the
Motion is available for free at:

             http://bankrupt.com/misc/Rojo_One_81_Sales.pdf

The Debtor has concluded, in its business judgment, that the sale
of the property to the Buyer will result in the highest and best
value for the property, and that the sale of the property is in the
best interests of the Debtor, the Debtor's estate, and its
creditors; therefore approval of the sale and the Agreement is
warranted.

The Debtor asks the authority to sell the property free and clear
of all liens, claims, interests and other encumbrances.  All liens,
claims, interests and other encumbrances in and against the
property will attach to the proceeds from the sale to the same
extent, priority and validity that existed on the Petition Date.

The Debtor asks that the Court waives the 14-day stay provision of
Federal Rule of Bankruptcy Procedure 6004(g).

                   About Rojo One, LLC

Rojo One, LLC and its four affiliates filed Chapter 11 petitions
(Bankr. E.D. Mich. Lead Case No. 16-54348) on Oct. 20, 2016.  The
petitions were signed by Daniel R. Linnen, sole member.  The
Debtors are represented by Aaron J. Scheinfield, Esq., at
Goldstein
Bershad & Fried PC.

The Debtors' cases were procedurally consolidated and are jointly
administered.  The cases are assigned to Judge Maria L. Oxholm.

The Debtors each estimated assets at $0 to $50,000.  All the
Debtors, except for Rojo Five, estimated liabilities at $500,000
to
$1 million.  Rojo Five estimated its liabilities at $1 million to
$10 million.


ROJO FOUR: Dudzinskii Buying All Assets for $20K
------------------------------------------------
Rojo Four, LLC, asks the U.S. Bankruptcy Court for the Eastern
District of Michigan to authorize the private sale of substantially
all assets to John Dudzinskii for $20,000.

An Order has been entered in the case directing the procedural
consolidation and joint administration of the chapter 11 cases of
Rojo One, LLC; Rojo Two, LLC; Rojo Four, LLC; Rojo Five, LLC; and
Rojo Six, LLC (Case No. 16-54348-mlo).

On Oct. 20, 2016, the Debtors filed a voluntary petition for relief
under chapter 11 of the Bankruptcy Code.  The Debtors' principal
places of business assets are located in Rochester, Michigan; Novi,
Michigan; Sterling Heights, Michigan; and Birmingham, Michigan.
The Debtors now have possession of their assets and plan to manage
the affairs of their estate as a debtor in possession in accordance
with 11 U.S.C. Sections 1107 and 1108.  The Debtors have all of the
rights and powers of a trustee in bankruptcy pursuant to 11 U.S.C.
Section 1107(a).

Debtor Rojo One conducts business out of Novi, Michigan as Duel
Novi and operates as a dueling piano bar.  Debtor Rojo Two conducts
business out of Rochester, Michigan as Rojo Mexican Bistro and
operates as a restaurant.  Debtor Rojo Four conducts business out
of Sterling Heights, Michigan as Rojo Mexican Bistro and operates
as a restaurant.  Debtor Rojo Five conducts business out of
Birmingham, Michigan as Rojo Mexican Bistro and Sidecar Slider Bar
and operates as 2 restaurants.  Debtor Rojo Six conducts business
out of Novi, Michigan as Rojo Mexican Bistro and Michigan Beer
Company and operates as 2 restaurants.

Since July 2016, Thomas Hospitality Group was engaged by the Rojo
ownership to market the 5 existing restaurants.  Thomas Hospitality
specializes in restaurants, bars and nightclubs, and its employees
are specifically experienced in this industry and have personal
contacts with many of the key players in the hospitality industry.

Thomas Hospitality's marketing efforts have focused on presenting
each of the restaurant sites on its Web site.  Thomas Hospitality
then fields calls from people who have visited its site; have
executed a confidentiality agreement; and have discussed their
operational needs and locations of interest.  Parallel to the
marketing done through the Thomas Hospitality Web site,
advertisements are placed on Loopnet and on BizBuySell, a Web site
that focuses on businesses for sale that may not have a real estate
component, and advertisements are placed in the Detroit News.
Thomas Hospitality performed a valuation report of the Debtor.

On Jan. 31, 2017, the Debtor and the Purchaser entered into Letter
of Intent to Purchase.  The purchase price for the property is
$20,000 plus certain cure costs associated with the Debtor's
assumption and assignment.  The purchase price is subject to
increase or decrease on account of certain prorations and
adjustments customarily prorated between a purchaser and a seller
of similar assets.  The Purchaser has made a good faith deposit in
the amount of $5,000 which will be credited to the purchase price
at closing.

Except for certain cost to be paid by the Purchaser pursuant to the
Agreement certain other costs to be paid by the Purchaser, the
Agreement requires that the Debtor deliver the Property to
Purchaser free and clear of all liens, claims, interests and
encumbrances.  The consummation of the proposed sale to the
Purchaser is conditioned, among other things set forth the entry of
a Sale Order approving the sale by the Court; assignment of the
existing lease to the Purchaser.

A copy of the Agreement and the valuation report attached to the
Motion is available for free at:

             http://bankrupt.com/misc/Rojo_One_80_Sales.pdf

The Debtor has concluded, in its business judgment, that the sale
of the property to the Buyer will result in the highest and best
value for the property, and that the sale of the property is in the
best interests of the Debtor, the Debtor's estate, and its
creditors; therefore approval of the sale and the Agreement is
warranted.

The Debtor asks the authority to sell the property free and clear
of all liens, claims, interests and other encumbrances.  All liens,
claims, interests and other encumbrances in and against the
property will attach to the proceeds from the sale to the same
extent, priority and validity that existed on the Petition Date.

The Debtor asks that the Court waives the 14-day stay provision of
Federal Rule of Bankruptcy Procedure 6004(g).

                   About Rojo One, LLC

Rojo One, LLC and its four affiliates filed Chapter 11 petitions
(Bankr. E.D. Mich. Lead Case No. 16-54348) on Oct. 20, 2016.  The
petitions were signed by Daniel R. Linnen, sole member.  The
Debtors are represented by Aaron J. Scheinfield, Esq., at
Goldstein
Bershad & Fried PC.

The Debtors' cases were procedurally consolidated and are jointly
administered.  The cases are assigned to Judge Maria L. Oxholm.

The Debtors each estimated assets at $0 to $50,000.  All the
Debtors, except for Rojo Five, estimated liabilities at $500,000
to
$1 million.  Rojo Five estimated its liabilities at $1 million to
$10 million.


ROJO ONE: Zdravkovski Buying All Assets for $81K
------------------------------------------------
Rojo One, LLC, asks the U.S. Bankruptcy Court for the Eastern
District of Michigan to authorize the private sale of substantially
all assets to Robert Zdravkovski for $81,000.

An Order has been entered in the case directing the procedural
consolidation and joint administration of the chapter 11 cases of
Rojo One, LLC; Rojo Two, LLC; Rojo Four, LLC; Rojo Five, LLC; and
Rojo Six, LLC (Case No. 16-54348-mlo).

On Oct. 20, 2016, the Debtors filed a voluntary petition for relief
under chapter 11 of the Bankruptcy Code.  The Debtors' principal
places of business assets are located in Rochester, Michigan; Novi,
Michigan; Sterling Heights, Michigan; and Birmingham, Michigan.
The Debtors now have possession of their assets and plan to manage
the affairs of their estate as a debtor in possession in accordance
with 11 U.S.C. Sections 1107 and 1108.  The Debtors have all of the
rights and powers of a trustee in bankruptcy pursuant to 11 U.S.C.
Section 1107(a).

Debtor Rojo One conducts business out of Novi, Michigan as Duel
Novi and operates as a dueling piano bar.  Debtor Rojo Two conducts
business out of Rochester, Michigan as Rojo Mexican Bistro and
operates as a restaurant.  Debtor Rojo Four conducts business out
of Sterling Heights, Michigan as Rojo Mexican Bistro and operates
as a restaurant.  Debtor Rojo Five conducts business out of
Birmingham, Michigan as Rojo Mexican Bistro and Sidecar Slider Bar
and operates as 2 restaurants.  Debtor Rojo Six conducts business
out of Novi, Michigan as Rojo Mexican Bistro and Michigan Beer
Company and operates as 2 restaurants.

Since July 2016, Thomas Hospitality Group was engaged by the Rojo
ownership to market the 5 existing restaurants.  Thomas Hospitality
specializes in restaurants, bars and nightclubs, and its employees
are specifically experienced in this industry and have personal
contacts with many of the key players in the hospitality industry.

Thomas Hospitality's marketing efforts have focused on presenting
each of the restaurant sites on its Web site.  Thomas Hospitality
then fields calls from people who have visited its site; have
executed a confidentiality agreement; and have discussed their
operational needs and locations of interest.  Parallel to the
marketing done through the Thomas Hospitality Web site,
advertisements are placed on Loopnet and on BizBuySell, a Web site
that focuses on businesses for sale that may not have a real estate
component, and advertisements are placed in the Detroit News.
Thomas Hospitality performed a valuation report of the Debtor.

On Jan. 17, 2017, the Debtor and the Buyer entered into Letter of
Intent to Purchase.  The purchase price for the property is $81,000
plus certain cure costs associated with the Debtor's assumption and
assignment.  The purchase price is subject to increase or decrease
on account of certain prorations and adjustments customarily
prorated between a purchaser and a seller of similar assets.  The
Buyer has made a good faith deposit in the amount of $5,000 which
will be credited to the purchase price at Closing.  Except for
certain cost to be paid by the Buyer pursuant to the Agreement
certain other costs to be paid by the Buyer, the Agreement requires
that the Debtor deliver the property to the Buyer free and clear of
all liens, claims, interests and Encumbrances.  The consummation of
the proposed sale to the Buyer is conditioned, among other things
set forth the entry of a Sale Order approving the sale by the
Bankruptcy Court; assignment of the existing lease to the Buyer.

A copy of the Agreement and the valuation report attached to the
Motion is available for free at:

        http://bankrupt.com/misc/Rojo_One_78_Sales.pdf

The Debtor has concluded, in its business judgment, that the sale
of the property to the Buyer will result in the highest and best
value for the property, and that the sale of the property is in the
best interests of the Debtor, the Debtor's estate, and its
creditors; therefore approval of the sale and the Agreement is
warranted.

The Debtor asks the authority to sell the property free and clear
of all liens, claims, interests and other encumbrances.  All liens,
claims, interests and other encumbrances in and against the
property will attach to the proceeds from the sale to the same
extent, priority and validity that existed on the Petition Date.

The Debtor asks that the Court waives the 14-day stay provision of
Federal Rule of Bankruptcy Procedure 6004(g).

                   About Rojo One, LLC

Rojo One, LLC and its four affiliates filed Chapter 11 petitions
(Bankr. E.D. Mich. Lead Case No. 16-54348) on Oct. 20, 2016.  The
petitions were signed by Daniel R. Linnen, sole member.  The
Debtors are represented by Aaron J. Scheinfield, Esq., at
Goldstein
Bershad & Fried PC.

The Debtors' cases were procedurally consolidated and are jointly
administered.  The cases are assigned to Judge Maria L. Oxholm.

The Debtors each estimated assets at $0 to $50,000.  All the
Debtors, except for Rojo Five, estimated liabilities at $500,000
to
$1 million.  Rojo Five estimated its liabilities at $1 million to
$10 million.


ROJO SIX: Kurmas Buying All Assets for $20K
-------------------------------------------
Rojo Six, LLC, asks the U.S. Bankruptcy Court for the Eastern
District of Michigan to authorize the private sale of substantially
all assets to Raymond Kurmas for $20,000.

An Order has been entered in the case directing the procedural
consolidation and joint administration of the chapter 11 cases of
Rojo One, LLC; Rojo Two, LLC; Rojo Four, LLC; Rojo Five, LLC; and
Rojo Six, LLC (Case No. 16-54348-mlo).

On Oct. 20, 2016, the Debtors filed a voluntary petition for relief
under chapter 11 of the Bankruptcy Code.  The Debtors' principal
places of business assets are located in Rochester, Michigan; Novi,
Michigan; Sterling Heights, Michigan; and Birmingham, Michigan.
The Debtors now have possession of their assets and plan to manage
the affairs of their estate as a debtor in possession in accordance
with 11 U.S.C. Sections 1107 and 1108.  The Debtors have all of the
rights and powers of a trustee in bankruptcy pursuant to 11 U.S.C.
Section 1107(a).

Debtor Rojo One conducts business out of Novi, Michigan as Duel
Novi and operates as a dueling piano bar.  Debtor Rojo Two conducts
business out of Rochester, Michigan as Rojo Mexican Bistro and
operates as a restaurant.  Debtor Rojo Four conducts business out
of Sterling Heights, Michigan as Rojo Mexican Bistro and operates
as a restaurant.  Debtor Rojo Five conducts business out of
Birmingham, Michigan as Rojo Mexican Bistro and Sidecar Slider Bar
and operates as 2 restaurants.  Debtor Rojo Six conducts business
out of Novi, Michigan as Rojo Mexican Bistro and Michigan Beer
Company and operates as 2 restaurants.

Since July 2016, Thomas Hospitality Group was engaged by the Rojo
ownership to market the 5 existing restaurants.  Thomas Hospitality
specializes in restaurants, bars and nightclubs, and its employees
are specifically experienced in this industry and have personal
contacts with many of the key players in the hospitality industry.

Thomas Hospitality's marketing efforts have focused on presenting
each of the restaurant sites on its Web site.  Thomas Hospitality
then fields calls from people who have visited its site; have
executed a confidentiality agreement; and have discussed their
operational needs and locations of interest.  Parallel to the
marketing done through the Thomas Hospitality Web site,
advertisements are placed on Loopnet and on BizBuySell, a Web site
that focuses on businesses for sale that may not have a real estate
component, and advertisements are placed in the Detroit News.  

Thomas Hospitality  performed a valuation report of the Debtor.
The value as determined by Thomas Hospitality is that the value is
zero since all personal property is leased by the Debtor.

On Jan. 29, 2017, the Debtor and the Purchaser entered into Letter
of Intent to Purchase.  The purchase price for the property is
$20,000 plus certain cure costs associated with the Debtor's
assumption and assignment.  The purchase price is subject to
increase or decrease on account of certain prorations and
adjustments customarily prorated between a purchaser and a seller
of similar assets.  The Purchaser has made a good faith deposit in
the amount of $5,000 which will be credited to the purchase price
at closing.

Except for certain cost to be paid by the Purchaser pursuant to the
Agreement certain other costs to be paid by the Purchaser, the
Agreement requires that the Debtor deliver the Property to
Purchaser free and clear of all liens, claims, interests and
encumbrances.  The consummation of the proposed sale to the
Purchaser is conditioned, among other things set forth the entry of
a Sale Order approving the sale by the Court; assignment of the
existing lease to the Purchaser.

A copy of the Agreement and the valuation report attached to the
Motion is available for free at:

             http://bankrupt.com/misc/Rojo_One_82_Sales.pdf

The Debtor has concluded, in its business judgment, that the sale
of the property to the Buyer will result in the highest and best
value for the property, and that the sale of the property is in the
best interests of the Debtor, the Debtor's estate, and its
creditors; therefore approval of the sale and the Agreement is
warranted.

The Debtor asks the authority to sell the property free and clear
of all liens, claims, interests and other encumbrances.  All liens,
claims, interests and other encumbrances in and against the
property will attach to the proceeds from the sale to the same
extent, priority and validity that existed on the Petition Date.

The Debtor asks that the Court waives the 14-day stay provision of
Federal Rule of Bankruptcy Procedure 6004(g).

                   About Rojo One, LLC

Rojo One, LLC and its four affiliates filed Chapter 11 petitions
(Bankr. E.D. Mich. Lead Case No. 16-54348) on Oct. 20, 2016.  The
petitions were signed by Daniel R. Linnen, sole member.  The
Debtors are represented by Aaron J. Scheinfield, Esq., at
Goldstein
Bershad & Fried PC.

The Debtors' cases were procedurally consolidated and are jointly
administered.  The cases are assigned to Judge Maria L. Oxholm.

The Debtors each estimated assets at $0 to $50,000.  All the
Debtors, except for Rojo Five, estimated liabilities at $500,000
to
$1 million.  Rojo Five estimated its liabilities at $1 million to
$10 million.


ROJO TWO: Pelc Buying All Assets for $140K
------------------------------------------
Rojo Two, LLC, asks the U.S. Bankruptcy Court for the Eastern
District of Michigan to authorize the private sale of substantially
all assets to Scot Pelc for $140,000 plus lease arrears of $12,861
and past due water bill of $7,974.

An Order has been entered in the case directing the procedural
consolidation and joint administration of the chapter 11 cases of
Rojo One, LLC; Rojo Two, LLC; Rojo Four, LLC; Rojo Five, LLC; and
Rojo Six, LLC (Case No. 16-54348-mlo).

On Oct. 20, 2016, the Debtors filed a voluntary petition for relief
under chapter 11 of the Bankruptcy Code.  The Debtors' principal
places of business assets are located in Rochester, Michigan; Novi,
Michigan; Sterling Heights, Michigan; and Birmingham, Michigan.
The Debtors now have possession of their assets and plan to manage
the affairs of their estate as a debtor in possession in accordance
with 11 U.S.C. Sections 1107 and 1108.  The Debtors have all of the
rights and powers of a trustee in bankruptcy pursuant to 11 U.S.C.
Section 1107(a).

Debtor Rojo One conducts business out of Novi, Michigan as Duel
Novi and operates as a dueling piano bar.  Debtor Rojo Two conducts
business out of Rochester, Michigan as Rojo Mexican Bistro and
operates as a restaurant.  Debtor Rojo Four conducts business out
of Sterling Heights, Michigan as Rojo Mexican Bistro and operates
as a restaurant.  Debtor Rojo Five conducts business out of
Birmingham, Michigan as Rojo Mexican Bistro and Sidecar Slider Bar
and operates as 2 restaurants.  Debtor Rojo Six conducts business
out of Novi, Michigan as Rojo Mexican Bistro and Michigan Beer
Company and operates as 2 restaurants.

Since July 2016, Thomas Hospitality Group was engaged by the Rojo
ownership to market the 5 existing restaurants.  Thomas Hospitality
specializes in restaurants, bars and nightclubs, and its employees
are specifically experienced in this industry and have personal
contacts with many of the key players in the hospitality industry.

Thomas Hospitality's marketing efforts have focused on presenting
each of the restaurant sites on its Web site.  Thomas Hospitality
then fields calls from people who have visited its site; have
executed a confidentiality agreement; and have discussed their
operational needs and locations of interest.  Parallel to the
marketing done through the Thomas Hospitality Web site,
advertisements are placed on Loopnet and on BizBuySell, a Web site
that focuses on businesses for sale that may not have a real estate
component, and advertisements are placed in the Detroit News.  

Thomas Hospitality performed a valuation report of the Debtor.  The
values as determined by Thomas Hospitality range from $77,000 to
$115,000 dependant on the type of sale.

On Jan. 19, 2017, the Debtor and the Purchaser entered into Letter
of Intent to Purchase.  The purchase price for the property is
$140,000 plus certain cure costs associated with the Debtor's
assumption and assignment.  The purchase price is subject to
increase or decrease on account of certain prorations and
adjustments customarily prorated between a purchaser and a seller
of similar assets.  The Purchaser has made a good faith deposit in
the amount of $5,000 which will be credited to the purchase price
at closing.

Except for certain cost to be paid by the Purchaser pursuant to the
Agreement certain other costs to be paid by the Purchaser, the
Agreement requires that the Debtor deliver the Property to
Purchaser free and clear of all liens, claims, interests and
encumbrances.  The consummation of the proposed sale to the
Purchaser is conditioned, among other things set forth the entry of
a Sale Order approving the sale by the Court; assignment of the
existing lease to the Purchaser.

A copy of the Agreement and the valuation report attached to the
Motion is available for free at:

             http://bankrupt.com/misc/Rojo_One_79_Sales.pdf

The Debtor has concluded, in its business judgment, that the sale
of the property to the Buyer will result in the highest and best
value for the property, and that the sale of the property is in the
best interests of the Debtor, the Debtor's estate, and its
creditors; therefore approval of the sale and the Agreement is
warranted.

The Debtor asks the authority to sell the property free and clear
of all liens, claims, interests and other encumbrances.  All liens,
claims, interests and other encumbrances in and against the
property will attach to the proceeds from the sale to the same
extent, priority and validity that existed on the Petition Date.

The Debtor asks that the Court waives the 14-day stay provision of
Federal Rule of Bankruptcy Procedure 6004(g).

                   About Rojo One, LLC

Rojo One, LLC and its four affiliates filed Chapter 11 petitions
(Bankr. E.D. Mich. Lead Case No. 16-54348) on Oct. 20, 2016.  The
petitions were signed by Daniel R. Linnen, sole member.  The
Debtors are represented by Aaron J. Scheinfield, Esq., at
Goldstein
Bershad & Fried PC.

The Debtors' cases were procedurally consolidated and are jointly
administered.  The cases are assigned to Judge Maria L. Oxholm.

The Debtors each estimated assets at $0 to $50,000.  All the
Debtors, except for Rojo Five, estimated liabilities at $500,000
to
$1 million.  Rojo Five estimated its liabilities at $1 million to
$10 million.


ROSEWOOD OAKS: Unsecureds to be Fully Paid Within 30 Days
---------------------------------------------------------
Rosewood Oaks, LLC, filed with the U.S. Bankruptcy Court for the
Western District of Texas a Chapter 11 combined plan of
reorganization and disclosure statement dated Jan. 30, 2017.

Class 3 Allowed General Unsecured Claims are unimpaired by the
Plan.  The Allowed Unsecured Claim will receive payment in full in
cash of the allowed amount of the claim within 30 days of the
effective date of the Plan.

The Plan will be funded by the $584,672.44 cash on hand in the
Debtor-in-Possession account on the effective date of the Plan.
The funds are to be used for the payment of claims or other
distributions to be made under the Plan.

The Debtor estimates to have $584,672.44 of cash on hand on the
effective date of the Plan.

The Debtor owned a real property located at 2600 Rosewood Avenue,
Austin, Texas.  On Jan. 14, 2017, the Debtor executed a sale of the
real property to 2016 Wolverine Way, LP, as assignee and
successor-in-interest to Eureka Holdings for $1.65 million.  At
closing, the Debtor satisfied the mortgage and tax liens against
the property and is holding $584,672.44 in its debtor-in-possession
account to disburse to the remaining claims in full.

The Disclosure Statement is available at:

        http://bankrupt.com/misc/txwb16-11141-53.pdf

                   About Rosewood Oaks

Rosewood Oaks, LLC, secured in 1999 a land located at 2600 Rosewood
Avenue, Austin, Texas, and built a day care center.  Construction
was complete in August 2001 and it commenced business.  In August
2005, Rosewood Oaks opened a second location.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. W.D.
Tex. Case No. 16-11141) on Sept. 30, 2016.  The petition was signed
by Avis Wallace, manager.  The case is assigned to Judge Tony M.
Davis.  At the time of the filing, the Debtor estimated its assets
and liabilities at $1 million to $10 million.

Fred Walker, Esq., at Fred E. Walker, P.C., serves as the Debtor's
bankruptcy counsel.

The Debtor employed JBGoodwin Realtors as real estate agent and
broker.


RUBEN VELASQUEZ: Feb. 21 Hearing to Determine PCO Appointment
-------------------------------------------------------------
Judge Robert T. Matsui of the U.S. Bankruptcy Court for the Eastern
District of California entered an Order for Ruben S. Velasquez,
M.D., Inc., to appear on February 21, 2017, and show cause why a
Patient Care Ombudsman should not be appointed.

Judge Matsui noted in the order that the Debtor is a health care
business.  Accordingly, Judge Matsui will order, not later than 30
days after the commencement of the case, the appointment of a
patient care ombudsman unless the Court finds that appointment is
not necessary for the protection of the patients under the specific
facts of the case.

The bankruptcyv case is In re: Ruben S. Velasquez M.D., Inc., Case
Number: 17−20604−A−11 (Bankr. E.D. Calif.).


SHOBRA LLC: Seeks Authority to Use Cash Collateral
--------------------------------------------------
Shobra, LLC seeks authorization from the U.S. Bankruptcy Court for
the District of New Jersey to use cash collateral in the ordinary
course of its business.

The Debtor contends that it needs to use cash collateral during the
course of its case since it has limited alternative sources of
funds.  The Debtor tells the Court that an immediate and ongoing
use of cash collateral is required to fund its day-to-day
activities.  The Debtor further tells the Court that without the
use of cash collateral, it will not have sufficient available
sources of working capital and financing to carry on the operation
of their business as a going concern.

The Debtor proposes to grant conditional adequate protection liens
in all of its unencumbered property, to the extent necessary to
provide adequate protection on account of any diminution in the
cash collateral.

A full-text copy of the Debtor's Motion, dated January 31, 2017, is
available at https://is.gd/8C4V8L

Shobra, LLC is represented by:

           Robert B. Davis, Esq.
           DAVIS LAW CENTER, LLC
           551 Summit Avenue, 2nd Floor
           Jersey City, NJ 07306
           Telephone: (973) 315-7566
           Email: rob@davislawcenterllc.com

                     About Shobra, LLC

Shobra, LLC filed a Chapter 11 petition (Bankr. D.N.J. Case No.
17-11729), on January 31, 2017.  Shobra, LLC is represented by
Robert B. Davis, Esq. at the Davis Law Center, LLC.


SKYE ASSOCIATES: Plan Filing Deadline Extended Until April 17
-------------------------------------------------------------
Judge Thomas J. Catliota of the U.S. Bankruptcy Court for the
District of Maryland extended the exclusive period during which
Skye Associates, LLC may file a plan of reorganization through
April 17, 2017, and held that the Debtor will have an additional 60
days after filing its plan of reorganization in which it may
solicit votes on the plan of reorganization.

The Troubled Company Reporter had earlier reported that the Debtor
requested for exclusivity extension since the Debtor was still in
the process of determining how and in what manner it would be
feasible to reorganize and what amount can be repaid to its
creditors.  Because the amount of unsecured debts are likely to be
higher, the Debtor asserted that it must determine if it would be
feasible to pay these creditors from on-going operations.
Currently, the Debtor had been attempting to determine if it can
operate profitably.  

Since its bankruptcy filing, the Debtor related that it had
operated profitably but it still needs to ascertain if the profits
will support repayment of its creditors. Furthermore, the Debtor
was also evaluating whether to relocate to a more cost effective
location.

The Debtor also told the Court that it was still trying to uncover
the scope of the prior mismanagement of the company and put in
place proper procedures. As a result, the Debtor had yet to
formulate a plan of reorganization.

                       About Skye Associates

Skye Associates, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Md. Case No. 16-22592) on Sept. 20,
2016.  The petition was signed by Michael Burton, managing member.
The case is assigned to Judge Thomas J. Catliota.  At the time of
the filing, the Debtor estimated assets of less than $50,000 and
liabilities of $1 million to $10 million.

The Debtor is represented by Richard B. Rosenblatt, Esq. and Linda
M. Dorney, Esq. at the Law Offices of Richard B. Rosenblatt, PC.

The Office of the U.S. Trustee on Nov. 14, 2016, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of Skye Associates, LLC.


SOLID ROCK: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------
The Office of the U.S. Trustee on Feb. 2, 2017, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of Solid Rock Holdings, LLC.

                        About Solid Rock Holdings

Solid Rock Holdings, LLC, filed for Chapter 11 bankruptcy
protection (Bankr. E. D. Ark. Case No. 16-16828) on Dec. 27, 2016.
The petition was signed by Scott A. McElroy, managing member.  The
case is assigned to Judge Richard D. Taylor.

Charles Darwin Davidson, Esq., at Davidson Law Firm serves as the
Debtor's legal counsel.

At the time of the filing, the Debtor disclosed $4.08 million in
assets and $2.61 million in liabilities.


STARZ ACQUISITION: Plan Confirmation Hearing Set for March 22
-------------------------------------------------------------
Judge Caryl E. Delano of the U.S. Bankruptcy Court for the Middle
District of Florida issued an order conditionally approving the
disclosure statement and plan of reorganization filed by Starz
Acquisition, LLC.

Any written objections to the disclosure statement shall be filed
with the Court and served no later than seven days prior to the
date of the hearing on confirmation.

The Court will conduct a hearing on confirmation of the Plan on
March 22, 2017, at 10:30 a.m. in Ft. Myers, FL - Room 4-117,
Courtroom E, United States Courthouse, 2110 First Street.

Parties in interest must submit their written ballot accepting or
rejecting the Plan no later than 8 days before the date of the
confirmation hearing.

Objections to confirmation shall be filed and served no later than
7 days before the date of the confirmation hearing.

               About Starz Acquisition, LLC

Starz Acquisition, LLC, which operates Italian
restaurants/pizzerias, filed a chapter 11 petition (Bankr. M.D.
Fla. Case No. 16-08045), on Sept. 18, 2016.  The petition was
signed by David Lee Virginia, managing member.  The Debtor is
represented by Michael R. Dal Lago, Esq., at Dal Lago Law.  The
Debtor estimated assets at $100,001 to $500,000 and liabilities at
$500,001 to $1 million at the time of the filing.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Starz Acquisition, LLC, as of
Oct. 21, 2016, according to a court docket.


STEMTECH INTERNATIONAL: Case Summary & 20 Top Unsecured Creditors
-----------------------------------------------------------------
Debtor: Stemtech International, Inc.
        2010 N.W. 150th Avenue
        Pembroke Pines, FL 33028

Case No.: 17-11380

Chapter 11 Petition Date: February 2, 2017

Court: United States Bankruptcy Court
       Southern District of Florida (Fort Lauderdale)

Judge: Hon. Raymond B Ray

Debtor's Counsel: Michael D. Seese, Esq.
                  SEESE, P.A.
                  101 NE 3rd Avenue, Suite 410
                  Fort Lauderdale, FL 33301
                  Tel: 954-745-5897
                  E-mail: mseese@seeselaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Ray C. Carter, Jr., chief executive
officer.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/flsb17-11380.pdf


SULLIVAN VINEYARDS: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------------
Debtor: Sullivan Vineyards Corporation
        P.O. Box G
        1090 Galleron Road
        Rutherford, CA 94573

Case No.: 17-10065

Chapter 11 Petition Date: February 1, 2017

Court: United States Bankruptcy Court
       Northern District of California (Santa Rosa)

Judge: Hon. Alan Jaroslovsky

Debtor's Counsel: Steven M. Olson, Esq.
                  LAW OFFICES OF STEVEN M. OLSON
                  100 E St. #104
                  Santa Rosa, CA 95404
                  Tel: (707) 575-1800
                  E-mail: smo@smolsonlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Ross Sullivan, CEO.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/canb17-10065.pdf


SUNEDISON INC: Sale of 7 Minnesota Projects for $19M Approved
-------------------------------------------------------------
Judge Stuart M. Bernstein of the U.S. Bankruptcy Court for the
Southern District of New York authorized the sale by SunEdison,
Inc. and its affiliates of SunE MN Development, LLC's 100%
outstanding membership interests in the seven Project Companies
("Equity Interests") listed in Schedule 1.1 to the PSA, dated as of
Jan. 26, 2017, to Ecoplexus, Inc. for an aggregate consideration of
$18,931,720, subject to adjustments.

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

Pursuant to Sections 105(a) and 365 of the Bankruptcy Code, and
subject to and conditioned upon the applicable Closing of the
Transactions, Sun Edison, LLC's assumption and assignment to the
Project Companies or the Buyer, at the Buyer's direction, of the
Seller Permits is approved, and the requirements of Bankruptcy Code
sections 365(b)(1) with respect thereto are deemed satisfied.

The zero Cure Amounts is the sole amount necessary to be paid by
Sun Edison, LLC upon assumption of the Seller Permits under
sections 365(b)(1)(A) of the Bankruptcy Code, and the payment of
the applicable Cure Amount will, subject to the terms of the PSA,
(i) effect a cure of all defaults existing under the Seller Permits
as of and including the Closing Date (if any), and (ii) compensate
the counterparty to the Seller Permits for any actual pecuniary
loss resulting from all defaults existing under the Seller Permits
as of and including the Closing Date.  To the extent the
counterparties to the Seller Permits failed to timely object to the
proposed Cure Amount, such Cure Amount will be deemed to be finally
determined and the counterparty will be prohibited from
challenging, objecting to, or denying the validity and finality of
the Cure Amount at any time, and such Cure Amount, when paid, will
completely cure and remedy any breach or default with respect to
the Seller Permits.

The Buyer will not be required to seek or obtain relief from the
automatic stay under Section 362 to implement the PSA and
consummate the Transactions contemplated therein and enforce any of
its remedies under the PSA or any other sale-related document, or
to effectuate the releases granted by the Releasing Parties,
certain of which are Debtor entities.  The automatic stay imposed
by Bankruptcy Code section 362 is modified solely to the extent
necessary to implement the preceding sentence, provided however
that the Court will retain exclusive jurisdiction over any and all
disputes with respect thereto.

The requirements set forth in Bankruptcy Rules 6003(b) and 6004
have been satisfied or otherwise deemed waived.

As provided by Bankruptcy Rules 7062 and 9014, the terms and
conditions of the Order will be effective and enforceable
immediately upon entry and will not be subject to the stay
provisions contained in Bankruptcy Rule 6004(h).  Time is of the
essence in closing the sale, and the Seller and the Buyer intend to
close the sale as promptly as practicable following entry of the
Order.

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

    http://bankrupt.com/misc/SunEdison_Inc_2372_Order.pdf

The Purchaser can be reached at:

          ECOPLEXUS, INC.
          101 2nd Street, Ste. 1250
          San Francisco, CA 94105
          Attn: John Gorman, CEO
                Erik Stuebe, President
          E-mail: johng@ecoplexus.com
                  eriks@ecoplexus.com

                    About SunEdison, Inc.

SunEdison, Inc. (OTC PINK: SUNEQ), is a developer and seller of
photovoltaic energy solutions, an owner and operator of clean
power generation assets, and a global leader in the development,
manufacture and sale of silicon wafers to the semiconductor
industry.

On April 21, 2016, SunEdison, Inc., and 25 of its affiliates each
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos.
16-10991 to 16-11017).  Martin H. Truong, the senior vice
president, general counsel and secretary, signed the petitions.

The Debtors disclosed total assets of $20.7 billion and total
debt of $16.1 billion as of Sept. 30, 2015.

The Debtors have hired Skadden, Arps, Slate, Meagher & Flom LLP
as counsel, Togut, Segal & Segal LLP as conflicts counsel,
Rothschild Inc. as investment banker and financial advisor,
McKinsey Recovery & Transformation Services U.S., LLC, as
restructuring advisors and Prime Clerk LLC as claims and noticing
agent.  The Debtors employed PricewaterhouseCoopers LLP as
financial advisors; and KPMG LLP as their auditor and tax
consultant.

SunEdison also has tapped Eversheds LLP as its special counsel
for Great Britain and the Middle East.  Cohen & Gresser LLP has
also been retained as special counsel.

The Debtors retained Ernst &Young LLP to provide tax-related
services.  Keen-Summit Capital Partners LLC has been hired as
real estate advisor.  Binswanger of Texas, Inc. also has been
retained as real estate agent.

Sullivan & Cromwell LLP serves as counsel to TerraForm Power,
Inc., and TerraForm Global, Inc.

An official committee of unsecured creditors has been appointed
in the case.  The Committee tapped Weil, Gotshal & Manges LLP as
its general bankruptcy counsel and Morrison & Foerster LLP as
special counsel.  Togut, Segal & Segal LLP and Kobre & Kim LLP
serve as conflicts counsel.  Alvarez & Marsal North America, LLC,
serves as the Committee's financial advisors.

Counsel to the administrative agent under the Debtors'
prepetition first lien credit agreement are Richard Levy, Esq.,
and Brad Kotler, Esq., at Latham & Watkins.

Counsel to the administrative agent under the postpetition DIP
financing facility are Scott Greissman, Esq., and Elizabeth Feld,
Esq. at White & Case LLP.

Counsel to the Tranche B Lenders (as defined in the DIP credit
agreement) and the steering committee of the second lien
creditors are Arik Preis, Esq., and Naomi Moss, Esq., at Akin
Gump Strauss Hauer & Field, LLP.

Counsel to the administrative agent under the Debtors'
prepetition second lien credit agreement is Daniel S. Brown,
Esq., at Pillsbury Winthrop Shaw Pittman LLP.

The collateral trustee under the Debtors' prepetition second lien
credit agreement and the indenture trustee under each of the
Debtors' outstanding bond issuances, is represented by Marie C.
Pollio, Esq., at Shipman & Goodwin LLP.

Counsel to the ad hoc group of certain holders of the Debtors'
convertible senior notes is White & Case LLP's Tom Lauria, Esq.


T&H PLASTICS: Unsecureds to Get $15,000 Per Year For 7 Yrs.
-----------------------------------------------------------
T&H Plastics, Inc., filed with the U.S. Bankruptcy Court for the
Southern District of Texas a small business disclosure statement
referring to the Debtor's plan of reorganization dated Jan. 30,
2017.

Class 5 General Unsecured Claims -- estimated at $604,000 -- is
impaired by the Plan.  The Debtor will make seven annual
installment payments to all creditors with allowed claims in this
class.  The first installment payment will be made 13 months after
the Effective Date of the Plan.  The amount of the annual
installment payment will be $15,000.  This payment will be
disbursed to creditors with allowed claims in this class on a pro
rata basis.

In the event of any failure of the Reorganized Debtor to timely
make its required plan payments to the creditor(s) in this class,
which will constitute an event of default under the Plan as to
these creditors, they will send notice of the default as defined in
Section VI to the Reorganized Debtor.  If the default is not cured
within 30 days of the date of the notice, these creditors may
proceed to collect all amounts owed pursuant to state law without
further recourse to the Court.  The creditor(s) are only required
to send two notices of default, and upon the third event of
default, the creditor(s) may proceed to collect all amounts owed
under state law without recourse to the Bankruptcy Court and
without further notice.

The Plan will be funded by the Reorganized Debtor through future
income and continued operation of the business.  The Debtor
believes the Plan is feasible based on the projections attached
hereto as well as the increase in business and diversification of
offerings.

Additionally, the owners will personally contribute $12,597 to the
Debtor as a new capital contribution to help fund the Plan.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/txsb16-32525-66.pdf

                    About T&H Plastics

T&H Plastics, Inc., is a for-profit corporation and was
incorporated with the Texas Secretary of State on Jan. 31, 2003.
The Debtor's principals, Antonio Mendoza and Hector Gomez, have
been in the business of plastic recycling since 1984 and 1982
respectively.  In 2003, they formed T&H Plastics, Inc., after their
previous employer closed Houston Operations.  T&H Plastics started
operating in the same leased premises that the previous business
was leasing prior to 2003.  Since 2003, Messrs. Mendoza and Gomez
have cultivated relationships with auto parts manufacturers in
Mexico from whom they import a large portion of the plastic that
they recycle.  Some of these vendors supply raw materials to T&H
Plastics for low or no cost due to the expense of disposal that
they would face.  T&H Plastics is diversifying their offerings of
plastic recycling services including processing materials for other
companies, brokering, toll work which includes compounding and
extruding, and regrinding services.

T&H Plastics filed for Chapter 11 bankruptcy protection (Bankr.
S.D. Tex. Case No. 16-32525) on May 17, 2016.


TANNER COMPANIES: Wants to Use Salem Investment Cash Collateral
---------------------------------------------------------------
Tanner Companies, LLC, asks the U.S. Bankruptcy Court for the
Western District of North Carolina for authorization to use cash
collateral.

The Debtor is indebted to Salem Investment Partners III, LP, in the
approximate sum of $9,950,000 as of the Petition Date.  Salem
Investment asserts a security interest in substantially all of the
Debtor's assets located in the United States.

Salem Investment's cash collateral consists of proceeds from
accounts receivable, inventory, and bank accounts.

The Debtor relates that in order to facilitate the transition from
the Debtor's current financial and operational structure to that
contemplated by the Plan and maximize Salem’s realization of
value from its collateral, pending Plan confirmation, the Debtor
intends to continue its operations, including the design of apparel
and accessories for upcoming seasons and the sale, both through its
Stylists and its retail outlets, pursuant to its proposed 13-week
budget.

The Debtor proposes to grant Salem Investment with replacement
liens in post-petition assets, to the same extent and priority as
existed prepetition.

The Debtor tells the Court that without the use of Salem's cash
collateral, the Debtor will not be able to continue its sales, the
value of the Debtor's inventory will deteriorate rapidly, and the
Debtor's ability to fashion an effective plan will be irreparably
impaired.

A full-text copy of the Debtor's Motion, dated Jan. 27, 2017, is
available at
http://bankrupt.com/misc/TannerCompanies2017_1740029_11.pdf

                      About Tanner Companies, LLC

Tanner Companies, LLC, filed a chapter 11 petition (Bankr. W.D.N.C.
Case No. 17-40029) on Jan. 27, 2017.  The petition was signed by
Elaine T. Rudisill, CRO.  The Debtor is represented by Joseph W.
Grier, III, Esq. and Michael Leon Martinez, Esq., at Grier, Furr &
Crisp, P.A.  The case is assigned to Judge Craig J. Whitley.  The
Debtor disclosed total assets at $4.3 million and total liabilities
at $18.12 million.

Tanner Companies is headquartered in Rutherfordton, NC, with a
secondary office in Jersey City, NJ.  Tanner Companies has eight
retail outlets located in the southeast region of the United States
and approximately 115 employees, plus a multitude of non-employee
sales stylists.

The Debtor's business consists of the design and direct sales of
high-end seasonal women's luxury apparel and accessories, under the
Doncaster label, through independently-contracted sales stylists,
which, in some instances, include agencies that incorporate more
than one individual sales stylist nationwide.  Inventory which does
not sell during a particular season is placed in one of the
Debtor's retail outlets for approximately a year.  After a year,
inventory which does not sell in the retail outlets is placed in
the Debtor's warehouse and subsequently liquidated.

The Debtor's business, recognized as one of the first primarily
female-driven entrepreneurships, began in Charlotte, North Carolina
approximately 85 years ago with Millie Tanner.  Descendants of
Millie Tanner still hold equity interests in the Debtor.  Some of
the Stylists have worked for the Debtor for more than 20 years.

The Debtor has eight wholly owned subsidiaries: (a) Claridge
Resources Limited, which maintains an office in Hong Kong used
primarily to outsource production of apparel inventory; (b) Tanner
Companies Italia, SRL, which assists in the sourcing of fabric and
accessories; (c) Ningbo Tanner Garment Co., Ltd., which is a woven
apparel production facility in Ningbo, China; (d) Tanner
International, LLC; (e) Tanner Retail, LLC, (f) Tanner Holdings,
LLC; (g) Tanner Designs, LLC; and (h) Tanner Ventures, LLC.


TAUREN EXPLORATION: Own Plan Proposes 100% Payment to Unsecureds
----------------------------------------------------------------
Tauren Exploration, Inc., filed with the U.S. Bankruptcy Court for
the Northern District of Texas a disclosure statement dated Jan.
30, 2017, referring to the Debtor's plan of reorganization filed on
Jan. 30, 2017.

General unsecured trade creditors are classified in Class 2, and
will receive a distribution of 100% of their allowed claims, to be
paid within 28 days of the Effective Date of the Plan.  In the
unlikely event that a general unsecured trade creditor claim has
not been allowed by the Effective Date, holders of the claims will
be paid within 14-days after the order allowing the claim becomes
final.

The Plan will be funded from normal operating revenue generated by
the Debtor, capital contributions, advances and loans to the
Reorganized Debtor, and recovery of avoidable transfers.  On the
Effective Date, the Debtor will transfer an overriding royalty
interest to the Chapter 11 trust.  It also will fund, or arrange
for funding, the Chapter 11 trust with an additional $100,000.  The
ORRI is currently generating about $6,000 per month in revenues.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/txnb16-32188-143.pdf

As reported by the Troubled Company Reporter on Dec. 26, 2016, the
Debtor filed with the Court a disclosure statement referring to the
Debtor's plan of reorganization.  Under that plan, Class 4 --
Unsecured Claims -- estimated at between $22,000,000 and
$23,000,000 -- is impaired. On the Effective Date, the liquidating
trust assets would vest in the Liquidating Trust free and clear of
all Claims, equity Interests, Liens, charges or, other
encumbrances.

The TCR, on Dec. 30, 2016, also reported that the Bankruptcy Court
approved the disclosure statement explaining the Chapter 11 plan of
liquidation proposed by Gloria's Ranch, LLC, for the Debtor.

The plan filed on Dec. 12 proposes the formation of a trust for
the
benefit of creditors holding unsecured claims against Tauren
Exploration.  The purpose of the trust is to liquidate assets of
the company, including the pursuit of claims against its insiders.

The liquidating trust will be self-funded from recoveries plus a
$10,000 carve-out from the disposition of the collateral securing
Gloria's Ranch's secured claim.  The net recoveries will be
distributed by the liquidating trustee to creditors.

The plan classifies claims against and interests in Tauren
Exploration into six classes.  Class 4 unsecured claims and
Gloria's Ranch's Class 3 secured claim are both impaired under the
plan.  Holders of these claims are entitled to vote.

Meanwhile, all equity interests in Tauren Exploration will be
canceled, according to court filings.

                     About Tauren Exploration

Tauren Exploration, Inc., filed a Chapter 11 petition (Bankr. N.D.
Tex. Case No. 16-32188) on June 3, 2016, listing under $1 million
in both assets and liabilities.  Its core business historically has
been in the oil and gas industry.  The Debtor is represented by
Frank L. Broyles, Esq., as counsel.

The Debtor hired Nathan M. Nichols, Esq., at Orenstein Law Group,
P.C., as special litigation counsel.


TERRANOVA LANDSCAPES: Seeks Court Approval for Cash Collateral Use
------------------------------------------------------------------
Terranova Landscapes, Inc. d/b/a Terranova Fine Landscapes asks the
U.S. Bankruptcy Court for the Eastern District of New York for
authorization to use cash collateral.

The Debtor's proposed Budget, provides for total expenses in the
amount of $14,179.50 for the week of January 30, 2017, $25,891.05
for the week of February 6, 2017, $17,317.82 for the week of
February 13, 2017, $14,691.69 for the week of February 20, 2017,
and $12,616.74 for the week of February 27, 2017.

The Debtor's alleged secured creditors are:

            LENDER                      BALANCE
            ------                      -------
            On Deck                     $87,400
            IRS                         $66,182.93
            Fox Capital Corp.           $50,000
            Merchants Funding Services  $86,940

The Debtor proposes to grant the Secured Creditors replacement
liens in all of the Debtor's pre-petition and post-petition assets
and proceeds, including the cash collateral and their proceeds, to
the extent that they had valid, legal and enforceable security
interests in said pre-petition assets on the Filing Date and in the
continuing order of priority that existed as of the Filing Date.

The Debtor further proposes to pay the IRS monthly adequate
protection payments in the amount of $331.

The Replacement Liens will be subject and subordinate only to:

     (a) United States Trustee fees;

     (b) professional fees of duly retained professionals in the
Chapter 11 case;

     (c) the fees and expenses of a hypothetical Chapter 7 trustee
to the extent of $10,000; and

     (d) the recovery of funds or proceeds from the successful
prosecution of avoidance actions.

A full-text copy of the Debtor's Motion, dated January 30, 2017, is
available at
http://bankrupt.com/misc/TerranovaLandscapes2017_81770472las_12.pdf

A full-text copy of the Debtor's proposed Budget, dated January 30,
2017, is available at
http://bankrupt.com/misc/TerranovaLandscapes2017_81770472las_12_11.pdf

              About Terranova Landscapes, Inc.

Terranova Landscapes, Inc. dba Terranova Fine Landscapes, based in
Center Moriches, New York, sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. E.D.N.Y. Case No. 17-70472) on January
27, 2017.  The petition was signed by Eric Searles, president.  

The Debtor is represented by Gary C. Fischoff, Esq., at Berger,
Fischoff, & Shumer, LLP.  The case is assigned to Judge Louis A.
Scarcella.

At the time of the filing, the Debtor disclosed $827,529 in assets
and $2.07 million in liabilities.



THAMES FUNDING: Court Allows Use of Dime Bank Cash Until Feb. 28
----------------------------------------------------------------
Judge James J. Tancredi of the U.S. Bankruptcy Court for the
District of Connecticut authorized Thames Funding, Inc., to use
cash collateral on an interim basis, from Feb. 1, 2017 through Feb.
28, 2017.

The Debtor said that it is essential to its business and operations
to use cash generated from its rental payments from its properties
so as to continue to pay ordinary course business expenses.
Without the use of cash collateral, the Debtor warned it will
suffer harm and be forced to terminate operations and lose any
chance for successful reorganization.

The Debtor is authorized to use up to $6,500 for the payment of all
necessary business expenses incurred in the ordinary course of its
business, and the U.S. Trustee's statutory fees.  The approved
Budget for February 2017 provided for total expenses in the amount
of $5,792.

Dime Bank claimed a duly perfected, non-avoidable security interest
in the Debtor's properties in Groton and Gales Ferry, Connecticut,
including cash collateral associated with the properties.

Dime Bank is granted replacement liens in all after-acquired
property of the Debtor, to the same extent and priority as existed
as of the Petition Date.

The Debtor is directed to make monthly adequate protection payments
in the amount of $500 to Dime Bank.  The Debtor is further directed
to provide Dime Bank with a monthly register report from all DIP
accounts showing all disbursements made for the prior 30 days on
the 15th of each month, beginning on Sept. 15, 2016.

A hearing on the continued use of cash collateral is scheduled on
Feb. 16, 2017 at 2:00 p.m.

A full-text copy of the Interim Order, dated Jan. 27, 2017, is
available at
http://bankrupt.com/misc/ThamesFunding2016_1621286_63.pdf

                    About Thames Funding, Inc.

Thames Funding, Inc., filed a chapter 11 petition (Bankr. D. Conn.
Case No. 16-21286) on Aug. 7, 2016.  The petition was signed by
John G. Syragakis, principal.  The case is assigned to Judge Ann M.
Nevins.  The Debtor disclosed total assets of $640,000 and total
debt of $1.02 million.  The Debtor is represented by Joseph J.
D'Agostino, Jr., Esq., at Attorney Joseph J. D'Agostino, Jr., LLC.


The Debtor is authorized to continue to operate and manage its
business as a Debtor-In-Possession.  No trustee or examiner has
been appointed in these proceedings.


TLD BAR: Rigdon Has Until Feb. 28 to Use Cash Collateral
--------------------------------------------------------
Judge Mark X. Mullin of the U.S. Bankruptcy Court for the Northern
District of Texas authorized Debtor Bettye J. Rigdon to use cash
collateral, from Feb. 1, 2017 through the earlier to occur of Feb.
28, 2017 or the date on which a final hearing on the Cash
Collateral Motion is conducted.

The approved Budget provided for total expenses in the amount of
$6,890 for the month of February.

The Internal Revenue Service and First State Bank - Chico, were
granted replacement liens to compensate for any diminution in the
IRS' or First State Bank - Chico's interest in the cash
collateral.

The Debtor is directed to make an adequate protection payment to
the IRS in the amount of $1,000 on or before Feb. 20, 2017.

A full-text copy of the Order, dated Jan. 30, 2017, is available at
http://bankrupt.com/misc/TLDBar2016_1644620mxm11_55.pdf

First State Bank - Chico is represented by:

          Matthew Taplett, Esq.
          POPE, HARDWICKE, CHRISTIE, SCHELL,
          KELLY & RAY, L.L.P.
          500 West 7th Street, Suite 600
          Fort Worth, TX 76102

                    About TLD Bar Ranch, LP

TLD Bar Ranch, L.P., filed a chapter 11 petition (Bankr. N.D. Tex.
Case No. 16-44622) on Dec. 2, 2016.  The petition was signed by
Bettye Jean Rigdon, manager of BJR Re Management, LLC, as the
general partner of TLD Bar Ranch L.P.  The case is assigned to
Judge Mark X. Mullin.  TLD Bar Ranch estimated assets at $1 million
to $10 million and liabilities at $500,000 to $1 million at the
time of the filing.  The Debtor is represented by Jeff P. Prostok,
Esq., at Forshey & Prostok, LLP.



TOTAL COMM: IRS to Get Monthly Payment With 4% Interest in 4 Yrs.
-----------------------------------------------------------------
Total Comm Systems, Inc., filed with the U.S. Bankruptcy Court for
the Eastern District of Pennsylvania a third amended disclosure
statement describing its third amended plan of reorganization.

Class 2 Secured Internal Revenue Service Tax Claim is unimpaired by
the Plan.  The IRS holds a claim of approximately $70,000 secured
by property of the Debtor.  This claim primes the claim of J D
Factors and will be treated as follows:

     a. regular equal monthly payments will be made for the
        Allowed Class 2 Claim;

     b. monthly payments of the Allowed Class 2 Claim will
        commence the first day of the first calendar month after
        the Effective Date and continue monthly with interest
        accruing at the rate of 4% such that the Allowed Class 2
        Claim is paid within 48 months of the Petition Date;

     c. the Class 2 Creditor will maintain any lien, encumbrance,
        and security interest in the Property or assets of the
        Debtor until the conclusion of this Plan as they relate to

        the Secured Claims; and

     d. the Class 2 Creditor will retain its Class 2 Claim until
        paid in full pursuant to the Plan.

Class 8 Equity Holders Claims is impaired by the Plan.  Class 8
consists of all equity, ownership, or stock interests in the Debtor
including all warrants, options, or rights to acquire shares
whether issued or not and whether contained in a single document or
part of a loan document or debt instrument.  Holders of Class 8
Claims will not receive a distribution under the Plan, and will
maintain their equity interests.  Class 8 Claims will contribute
new value in the amount of $50,000, the proceeds of which will be
used to pay the priority secured claim of IRS.

Cash payments made pursuant to the Plan will be in U.S. funds, by
check drawn on a domestic bank, or by wire transfer from a domestic
bank.  All distributions will be made by the disbursing agent.

The Third Amended Disclosure Statement is available at:

          http://bankrupt.com/misc/paeb16-15530-165.pdf

As reported by the Troubled Company Reporter on Jan. 27, 2017, the
Debtor filed with the Court a second amended disclosure statement
describing its second amended plan of reorganization, which
proposed that Class 3, Other Secured Claims, be treated as follows:
(a) following a final determination of the allowed amount of each
Class 3 Secured Claim, regular equal monthly payments will be made
for the Allowed Secured amount of the Class 3 Claims; (b) the
Debtor will create a disputed claims reserve in the amount of the
total Class 3 Claims (which are approximately $325,959.62) from its
normal business operations; (c) monthly payments of the Allowed
Secured Class 3 Claims will commence the first day of the first
calendar month after the Effective Date and continuing for 72
months with interest accruing at the rate of 3.5%; (d) Class 3
Creditors will maintain any lien, encumbrance, and security
interest in the Property or assets of the Debtor until the
conclusion of this Plan as they relate to the Secured Claims; and
(e) to the extent that any amount of a Class 3 Claim is unsecured,
it will be paid as a General Unsecured Claim.

                   About Total Comm Systems

Total Comm Systems, Inc., is a provider of engineering,
construction, excavation, installation, and maintenance services
for the telecommunications industry.

Total Comm Systems filed a Chapter 11 petition (Bankr. E.D. Pa.
Case No. 16-15530) on Aug. 3, 2016.  The petition was signed by
Michael H. Pollitt, president.

The Debtor estimated assets of $500,000 to $1 million and
liabilities of $1 million to $10 million at the time of the
filing.

The Debtor tapped Bielli & Klauder, LLC, as counsel; and Bambach
Enterprises LLC dba Bambach Advisors, as financial advisor.

The Debtor is a debtor-in-possession and no trustee has been
appointed in the Chapter 11 case.


TUBRO CONSTRUCTION: Wants to Use Wells Fargo Cash Collateral
------------------------------------------------------------
Tubro Construction Inc. seeks authorization from the U.S.
Bankruptcy Court for the Western District of Washington to use cash
collateral of Wells Fargo Bank, N.A., on an interim basis.

The Debtor relates that it intends to use cash collateral to pay
pre-petition debt, specifically employee payroll including officer
compensation, and the associated payroll taxes.

The Debtor has operated since 2010 a construction and handyman
business.  As part of the reorganization, the Debtor needs to
continue operating its business and paying expenses, including
pre-petition payroll.  The Debtor asserts that continuation of its
operations is essential to preserving the value of the business for
the estate.

The Debtor also seeks authorization to pay all federal and state
withholding and payroll-related taxes, including, but not limited
to, all withholding taxes, Social Security taxes, and Medicare
taxes, as well as all other withholdings such as life insurance and
other employee deductions.

The Debtor's February 2017 Budget projects operating expenses at an
aggregate sum of $156,286.  From the amount, the Debtor expects to
disburse an average of $65,000 for monthly payroll. The Debtor
disburses payroll on a bi-weekly basis, and the next payroll is
scheduled to occur on February 3, 2017 by automatic deposit.  The
Debtor explains that because payroll always covers the period
ending two weeks prior, it will comprise entirely of hours worked
pre-petition, specifically up through January 20, 2017, since its
case was filed January 30, 2017.

Wells Fargo holds a senior security interest in the funds in the
Debtor's bank account -- totaling approximately $50,000 at present,
and accounts receivable -- totaling approximately $96,000 at
present.  Wells Fargo is owed approximately $307,000 on the line of
credit.  There is also a credit card with Wells Fargo for
approximately $43,000.

The Debtor proposes to make monthly payments of $1,555 to Wells
Fargo, and grant replacement liens on new receivables, to ensure
that it is adequately protected.

A full-text copy of the Debtor's Motion, dated January 31, 2017, is
available at https://is.gd/O2qh5d

A full-text copy of the Debtor's proposed Budget, dated January 31,
2017, is available at https://is.gd/ascD4f

                About Tubro Construction Inc.

Tubro Construction Inc. filed a Chapter 11 petition (Bankr. W.D.
Wash. Case No. 17-10390), on January 30, 2017.  The petition was
signed by Richard Tietjen, president.  The case is assigned to
Judge Marc Barreca.  The Debtor is represented by Jeffrey B Wells,
Esq., at Wells and Jarvis, P.S.  At the time of filing, the Debtor
estimated assets at $100,000 to $500,000 and liabilities at $1
million to $10 million.


ULTRA PETROLEUM: Invesco No Longer Holds Equity Stake
-----------------------------------------------------
Invesco Ltd. said in a regulatory filing with the Securities and
Exchange Commission that it no longer holds shares of Ultra
Petroleum Corp. common stock.

Invesco may be reached at:

     Nancy Tomassone
     Global Assurance Officer
     1555 Peachtree Street NE, Suite 1800
     Atlanta GA 30309

                   About Ultra Petroleum

Houston, Texas-based Ultra Petroleum Corp. (OTC Pink Marketplace:
"UPLMQ") is an independent oil and gas company engaged in the
development, production, operation, exploration and acquisition of
oil and natural gas properties.

On April 29, 2016, Ultra Petroleum Corp. and seven subsidiary
companies filed petitions (Bankr. S.D. Tex.) seeking relief under
chapter 11 of the United States Bankruptcy Code. The Debtors'
cases have been assigned to Judge Marvin Isgur. These cases are
being jointly administered for procedural purposes, with all
pleadings filed in these cases will be maintained on the case
docket for Ultra Petroleum Corp. Case No. 16-32202.

Ultra Petroleum disclosed total assets of $1.28 billion and total
liabilities of $3.91 billion as of March 31, 2016.

James H.M. Sprayregen, P.C., David R. Seligman, P.C., Michael B.
Slade, Esq., Christopher T. Greco, Esq., and Gregory F. Pesce,
Esq., at Kirkland & Ellis LLP; and Patricia B. Tomasco, Esq.,
Matthew D. Cavenaugh, Esq., and Jennifer F. Wertz, Esq., at
Jackson
Walker, L.L.P., serve as co-counsel to the Debtors. Rothschild
Inc.
serves as the Debtors' investment banker; Petrie Partners serves
as
their investment banker; and Epiq Bankruptcy Solutions, LLC,
serves
as claims and noticing agent.

The Office of the U.S. Trustee has appointed seven creditors of
Ultra Petroleum Corp. to serve on an Official Committee of
Unsecured Creditors. The Committee tapped Weil, Gotshal & Manges
LLP as its legal counsel; Opportune LLP as advisor; and PJT
Partners LP as its financial advisor.


ULTRA PETROLEUM: Needs Until June 29 to File Reorganization Plan
----------------------------------------------------------------
Ultra Petroleum Corp. and its affiliated Debtors ask the U.S.
Bankruptcy Court for the Southern District of Texas to extend the
time during which the Debtors have the exclusive right to file a
chapter 11 plan, through and including June 29, 2017, and the
deadline to solicit a plan, through and including August 29, 2017.


The Debtors contend that there are still many unresolved issues
that must be addressed to bring these chapter 11 cases to
conclusion. Among other things, additional time is needed for the
Debtors to:

      (a) prosecute the Plan, including working to close the
$580-million rights offering contemplated in the Backstop
Commitment Agreement without the disruption that would result from
alternative plans that could be motivated by the parochial
interests of the Debtors' sophisticated and aggressive
stakeholders;

      (b) continue to engage in discussions with the Committee, the
OpCo Group, and the OpCo Noteholder Group regarding the Plan and
Disclosure Statement -- a significant undertaking given the
complexity of the Debtors' capital structure, number of organized
stakeholder groups, and divergent views held by certain
constituencies;

      (c) litigate the OpCo Group's motions to appoint a chapter 11
trustee and to contest certain Plan classification matters; and

      (d) continue their comprehensive claim reconciliation,
objection, and settlement process, which has included the
resolution of hundreds of millions of dollars of claims asserted by
Pinedale Corridor L.P., Rockies Express Pipeline, LLC, and Big West
Oil LLC.

                   About Ultra Petroleum

Houston, Texas-based Ultra Petroleum Corp. (OTC Pink Marketplace:
"UPLMQ") is an independent oil and gas company engaged in the
development, production, operation, exploration and acquisition of
oil and natural gas properties.

Ultra Petroleum Corp. and seven subsidiary companies filed
petitions (Bankr. S.D. Tex. Lead Case No. 16-32202) seeking relief
under chapter 11 of the United States Bankruptcy Code on April 29,
2016.  The Debtors' cases have been assigned to Judge Marvin Isgur.


Ultra Petroleum disclosed total assets of $1.28 billion and total
liabilities of $3.91 billion as of March 31, 2016.

James H.M. Sprayregen, P.C., David R. Seligman, P.C., Michael B.
Slade, Esq., Christopher T. Greco, Esq., and Gregory F. Pesce,
Esq., at Kirkland & Ellis LLP; and Patricia B. Tomasco, Esq.,
Matthew D. Cavenaugh, Esq., and Jennifer F. Wertz, Esq., at Jackson
Walker, L.L.P., serve as co-counsel to the Debtors. Rothschild Inc.
serves as the Debtors' investment banker; Petrie Partners serves as
their investment banker; and Epiq Bankruptcy Solutions, LLC, serves
as claims and noticing agent.

The Office of the U.S. Trustee has appointed seven creditors of
Ultra Petroleum Corp. to serve on an Official Committee of
Unsecured Creditors. The Committee tapped Weil, Gotshal & Manges
LLP as its legal counsel; Opportune LLP as advisor; and PJT
Partners LP as its financial advisor.


VANGUARD NATURAL: Moody's Cuts Probability of Default Rating to D
-----------------------------------------------------------------
Moody's Investors Service downgraded Vanguard Natural Resources,
LLC's Probability of Default Rating (PDR) to D-PD from Caa3-PD
following the company's Chapter 11 filing on February 1, 2017.
Moody's simultaneously downgraded Vanguard's senior unsecured notes
rating to C from Ca. Additionally, Moody's affirmed Vanguard's Caa3
Corporate Family Rating (CFR) and SGL-4 Speculative Grade Liquidity
Rating. The outlook remains negative.

Following the rating actions, Moody's will withdraw all ratings and
the rating outlook of Vanguard consistent with Moody's practice for
companies operating under the purview of the bankruptcy courts
wherein information flow typically becomes very limited (refer to
Moody's ratings withdrawal policy available on its website,
www.moodys.com).

RATINGS RATIONALE

Issuer: Vanguard Natural Resources, LLC

Downgrades:

-- Probability of Default Rating, Downgraded to D-PD from Caa3-PD

-- Senior Unsecured Regular Bond/Debentures, Downgraded to C
(LGD5) from Ca (LGD5)

Affirmations:

-- Corporate Family Rating, Affirmed Caa3

-- Speculative Grade Liquidity Rating, Affirmed SGL-4

Outlook Actions:

-- Outlook, Remains Negative

The downgrade of the PDR to D-PD reflects Vanguard's voluntary
petitions for relief under Chapter 11 of the US Bankruptcy Code in
the United States Bankruptcy Court for the Southern District of
Texas, Houston Division. The C rating on the notes incorporates
Moody's final recovery assumptions. Vanguard plans on eliminating
$708 million of debt following the reorganization. Vanguard entered
into a restructuring support agreement (RSA) with certain
consenting holders of its notes on February 1, 2017. Under the RSA,
Vanguard's senior unsecured note holders will receive 97% of the
common equity in the reorganized entity and the opportunity to
participate in a rights offering.

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

Vanguard Natural Resources, LLC is an independent exploration and
production company headquartered in Houston, Texas.


VENUS HOSPITALITY: March 7 Combined Plan, Disclosures Hearing
-------------------------------------------------------------
The Hon. Bill Parker of the U.S. Bankruptcy Court for the Eastern
District of Texas conditionally approved the amended supplemental
disclosure statement referring to the chapter 11 modified plan of
reorganization filed on Jan. 26, 2017 by Venus Hospitality, LLC
together with Girirajan Mohan and Ragini Prajapati.

March 1, 2017 is fixed as the last day for filing written
acceptances or rejections of the plan which must be received by
4:00 p.m. (CST).

March 1, 2017 is fixed as the last day for filing and serving
written objections to final approval of the disclosure statement or
confirmation of the plan.

The hearing to consider final approval of the disclosure statement
and to consider the confirmation of the plan is fixed and will be
conducted by video conferencing means on March 7, 2017, at 1:30
p.m. in the First Floor Bankruptcy Courtroom, Jack Brooks Federal
Building, 300 Willow Street, in Beaumont, Texas.

              About Venus Hospitality

Headquartered in Orange, Texas, Venus Hospitality, LLC, dba Super
8
Orange, dba Motel 6, filed for Chapter 11 bankruptcy protection
(Bankr. E.D. Tex. Case No. 12-10414) on July 2, 2012, listing
$1,590,137 in assets and $3,121,179 in liabilities.  The
Petition
was signed by Girirajan Mohan, member-manager.

Frank J. Maida, Esq., at Maida Law Firm serves as the Debtor's
bankruptcy counsel.

Related entity Girirajan Mohan and Ragini Prajapati (Bankr. E.D.
Tex. Case No. 12-10415) filed a separate Chapter 11 petition on
July 2, 2012.

The cases are jointly administered under Venus Hospitality.


VIOLIN MEMORY: Samberg No Longer Holds Equity Stake
---------------------------------------------------
Arthur J. Samberg disclosed in a regulatory filing with the
Securities and Exchange Commission that he no longer holds shares
of Violin Memory, Inc., common stock, par value $0.0001 per share.

Mr. Samberg may be reached at:

     Arthur J. Samberg
     77 Bedford Road
     Katonah, New York 10536

                       About Violin Memory

Violin Memory, Inc., develops and supplies memory-based storage
systems for high-speed applications, servers and networks in the
Americas, Europe and the Asia Pacific.  Founded in 2005, the
Company is headquartered in Santa Clara, California.

Violin Memory sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Del. Case No. 16-12782) on Dec. 14, 2016.  The
petition was signed by Cory J. Sindelar, chief financial officer.

At the time of the filing, the Debtor disclosed $38.93 million in
assets and $145.4 million in liabilities.

Pillsbury Winthrop Shaw Pittman LLP serves as the Debtor's legal
counsel while Bayard, P.A., serves as co-counsel.  The Debtor has
hired Houlihan Lokey Capital, Inc., as financial advisor and
investment banker. Prime Clerk LLC serves as administrative
advisor.

The U.S. Trustee, on Dec. 27, 2016, named three creditors to serve
on the official committee of unsecured creditors Wilmington
Trust, N.A., Clinton Group, Inc., and Forty Niners SC Stadium
Company LC.

The Committee hires Cooley LLP as lead counsel, and Elliot
Greenleaf as its Delaware counsel.

                           *     *     *

According to Matt Chiappardi at Bankruptcy Law360, Violin Memory
told the Bankruptcy Court on Jan. 30 that a unit of major creditor
Soros Fund Management LLC put in the winning bid for its assets
with an offer valued at least $14.5 million, but it needs more time
to negotiate terms of a Chapter 11 plan sponsorship agreement.
Violin Memory filed with the Bankruptcy Court a notice identifying
VM Bidco LLC as the winner of its three-day auction in New York.


VSI LIQUIDATING: Greenbrier Buying Cleveland Property for $50K
--------------------------------------------------------------
VSI Liquidating Inc., et al., ask the U.S. Bankruptcy Court for the
District of Delaware to authorize their private sale of owned real
property located at 3201 Independence Road, in the County of
Cuyahoga, City of Cleveland, Ohio, PPN: 131-12- 001, to Greenbrier
Development, LLC for $50,000.

A hearing on the Motion is set for Feb. 24, 2017 at 10:00 a.m.
(ET).  Objection deadline is Feb. 14, 2017 at 4:00 p.m. (ET).

On Sept. 8, 2016, the Court entered an Order (A) Approving and
Authorizing Sale of Substantially All of Debtors' Assets Pursuant
to Purchaser's Asset Purchase Agreement, Free and Clear of Liens,
Claims, Encumbrances and Other Interests, (B) Approving the
Assumption and Assignment of Certain Executory Contracts and
Unexpired Leases Related Thereto, and (C) Granting Related Relief
("Valencia Sale Order").  Pursuant to the Valencia Sale Order, the
Bankruptcy Court authorized and approved, among other things, the
Valencia Sale of substantially all of the Debtors' assets to
Valencia Bidco, LLC and its designees.  On Oct. 31, 2016, the
Debtors and the Purchaser closed on the Valencia Sale.

On Nov. 4, 2016, the Debtors filed that ce1iain Notice of Filing of
Final Asset Purchase Agreement and Related Documents in Connection
with Closing of Sale of Substantially All of the Debtors' Assets
[Docket No. 519], which attached a copy of the Final Asset Purchase
Agreement by and among the Debtors and the Purchaser ("Final
APA").

Pursuant to Schedule 1.2(1) of the Final APA, the Cleveland
Property at issue in the Motion constitutes "Excluded Real
Property" and was not purchased by the Purchaser in connection with
the Valencia Sale.

On Dec. 15, 2016, the Debtors filed the Debtors' First Amended Plan
of Liquidation Under Chapter 11 of the Bankruptcy Code and the
Disclosure Statement for the Debtors' First Amended Plan of
Liquidation Under Chapter 11 of the Bankruptcy Code.

On Dec. 19, 2016, the Court entered the Order (I) Approving the
Disclosure Statement, (II) Establishing Solicitation and Voting
Procedures, (III) Scheduling a Confirmation Hearing, and (IV)
Establishing Notice and Objection Procedures for Confirmation of
the Plan.  The First Amended Plan, among other things, contemplates
the creation of an Environmental Response Trust, which is intended
to effectuate the transfer of certain of the Debtors' real
properties, including, with written consent of the Environmental
Response Trust Beneficiaries and the Environmental Response
Trustee, the Cleveland Property.  Article IV.J of the Plan
specifically allows the Debtors the option to seek a sale of real
property contemplated to be transferred to the Environmental
Response Trust by filing a motion with the Bankruptcy Court seeking
approval of such sale.

The hearing on confirmation of the First Amended Plan is currently
scheduled for Feb. 24, 2017, which is also the date on which the
present Motion is set to be heard.

On Sept. 18, 2013, the Debtor Vertellus Specialties, Inc. and
Independence Excavating, Inc. ("Tenant") entered into Ground Lease
Agreement for the lease of the Cleveland Property owned by VSI.
The leased premises are subject to environmental investigation and
remediation as directed by the Ohio Environmental Protection Agency
("OEPA") pursuant to a Dec. 16, 2010 OEPA Declaration and Decision
Document and an OEPA Director's Final Findings & Orders
("Corrective Action").

Pursuant to Section 14.1 of the Lease Agreement, the Tenant was
granted an option to purchase the Cleveland Property ("Purchase
Option") for a purchase price of $50,000, subject to certain terms
and conditions set forth in the Lease Agreement.  Specifically, the
Purchase Option is conditioned upon completion of the Tenant's
remedial work under the Corrective Action, which includes
installation of an isolation barrier and approval of an operation
and maintenance plan for the barrier, subject to OEPA oversight and
approval.  To date, the Tenant has incurred direct costs exceeding
$775,000 in completing the installation of the isolation barrier.

In accordance with Section 14.1 of the Lease Agreement, the Tenant
has: (i) delivered an Option Exercise Notice to VSI; (ii) exercised
the Purchase Option to purchase the Cleveland Property for the
Purchase Price; and (iii) assigned its right to purchase the
Cleveland Property to the Purchaser.  VSI and the Purchaser, as the
Tenant's assignee, have entered into that certain Purchase
Agreement for the Sale of the Cleveland Property in accordance with
Section 14.1 of the Lease Agreement.

The material terms and conditions of the Purchase Agreement are:  

          a. Address of the Cleveland Property:  3201 Independence
Road County of Cuyahoga, City of Cleveland, Ohio, PPN: 131-12-001.

          b. Purchase Price: $50,000

          c. Earnest Money Deposit: $50,000

          d. Closing: Within 14 days of entry of an order approving
the Sale, provided that the Purchaser will have the right to extend
the Closing Date for up to 30 days if the Purchaser requires such
additional time to secure a new approved parcel map and/or legal
description.

          e. Relief from Bankruptcy Rule 6004(h): The Proposed
Order provides that the provisions of Bankruptcy Rule 6004(h) will
be waived.

          f. Sale Free and Clear: The Cleveland Property will be
transferred to the Purchaser free and clear of all liens, claims,
encumbrances, and interests of any kind or nature to the fullest
extent permitted by section 363 of the Bankruptcy Code.

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

           http://bankrupt.com/misc/VSI_Liquidating_700_Sales.pdf

The Debtors have determined in their business judgment that the
private Sale of the Cleveland Property will enable them to obtain
the highest and best offer for the Cleveland Property, thereby
maximizing value, and is in the best interests of the Debtors'
creditors.  In addition, the sale will further reduce the
administrative burden on the proposed Environmental Response Trust
and streamline the path to confirmation of the First Amended Plan.
Accordingly, the Debtors ask the Court to grant the relief
requested and such other and further relief as the Court may deem
just and proper.

The Purchaser can be reached at:

          GREENBRIER DEVELOPMENT, LLC
          5720 Schaaf Rd.
          Independence, OH 44131

                   About Vertellus Specialties

Vertellus Specialties Inc. was a global specialty chemicals
company
focused on the manufacture of ingredients used in pharmaceuticals,
personal care, nutrition, agriculture, and a host of other market
areas affected by trends favoring "green" technologies and
chemistries.

Headquartered in Indianapolis, Indiana, Vertellus Specialties Inc.
and several affiliates filed separate Chapter 11 bankruptcy
petitions (Bankr. D. Del. Case Nos. 16-11289 to 16-11299) on May
31, 2016. Judge Christopher S. Sontchi presides over the case.

Stuart M. Brown, Esq., Kaitlin M. Edelman, Esq., Richard A.
Chesley, Esq., Daniel M. Simon, Esq., and David E. Avraham, Esq.,
at DLA Piper LLP (US) serve as the Debtors' bankruptcy counsel.

Jefferies LLC is the Debtors' investment banker.  Andrew Hinkelman
at FTI Consulting, Inc. is the Debtors' chief restructuring
officer.  Kurtzman Carson Consultants is the Debtors' claims and
noticing agent.

The Debtors estimated their assets at between $100 million and
$500
million and debts at between $500 million and $1 billion.

The petitions were signed by Anne Frye, vice president, secretary
and general counsel.

The Official Committee of Unsecured Creditors of Vertellus
Specialties Inc., et al., has tapped Hahn & Hessen LLP as lead
counsel; Morris James LLP as co-counsel; and Zolfo Cooper, LLC as
its financial advisor.

                       *     *     *

The Troubled Company Reporter reported that Vertellus Specialties
Inc. completed the sale of substantially all of its U.S. and
international assets to its prior term loan lenders, a group
including Black Diamond Capital Management and Brightwood Capital
Advisors, among others, on Oct. 31, 2016.


WADHWA DENTAL: Seeks Court Approval for Cash Collateral Use
-----------------------------------------------------------
Wadhwa Dental, PA seeks authorization from the U.S. Bankruptcy
Court for the Western District of Texas to use cash collateral.

The Debtor is operated as a dental practice by Harmandeep S.
Wadhwa, DDS, its sole owner, who is a Doctor of Dental Surgery.

The Debtor owns no real property, instead, its primary assets
consist of dental equipment such as dental chairs and x-ray
machines worth approximately $67,500 and inventory/supplies worth
$3,800.  Dr. Wadhwa estimated that there were $233,750.06 in
collectible accounts receivable at the time the bankruptcy was
filed.

The Debtor believes that it will be able to meet its obligations
post-petition if it has the funds available from or generated by
its pre-petition cash collateral to pay its post-petition expenses,
as reflected in the proposed Budget.  The proposed 90-day Budget
provides total operating expenses in the amount of $109,209 from
December 2016 through February 2017.

The Debtor contends that it needs immediate authority to use the
cash collateral in order to meet its ongoing post-petition
obligations and continue its normal business operations, and
preserve the value of the estate pending confirmation of a plan of
reorganization.

The Debtor believes that it owes Bank of America, N.A.
approximately $594,658, and that Bank of America may assert a lien
in the Debtor's accounts, equipment, instruments, investment
property, deposit accounts, general intangibles, fixtures,
furnishings and improvements, a PMSI in equipment, goods and
inventory purchased from proceeds of the loan.

The Debtor also believes that U.S. Bank Equipment Finance is owed
the amount of $167,580, which is secured by various items of
equipment financed by U.S. Bank, which includes files,
replacements, parts, repairs, additions, accessions and accessories
and any proceeds or insurance recoveries thereof.

The Debtor proposes to provide following adequate protection to all
parties with an interest in the cash collateral:

       (a) Replacement lien to the same extent, priority and
validity as its pre-petition lien;

       (b) The Debtor will continue to operate its business in the
ordinary course of business thus generating additional Cash
Collateral;

       (c) The Debtor will maintain insurance upon the property
giving rise to the Cash Collateral; and

       (d) The Debtor will provide monthly cash payments, to Bank
of America, equal to the regular monthly debt service on the
Debtor's note, beginning in the month of January, 2017, with one
additional post-petition payment also paid in the month of January.


A full-text copy of the Debtor's Motion, dated January 31, 2017, is
available at https://is.gd/gau7Zn

A full-text copy of the Debtor's proposed Budget, dated January 31,
2017, is available at https://is.gd/nf3xGz

                    About Wadhwa Dental, PA

Wadhwa Dental, PA is a corporation based in San Antonio, Texas. It
is operated as a dental practice by Harmandeep S. Wadhwa, DDS, its
sole owner. Dr. Wadhwa is a Doctor of Dental Surgery licensed by
the Texas State Board of Dental Examiners since July, 2009.

Wadhwa Dental, PA filed a Chapter 11 petition (Bankr. W.D. Tex.
Case No. 16-52134), on September 22, 2016.  The petition was signed
by Harmandeep S. Wadhwa, President.  The Debtor is represented by
H. Anthony Hervol, Esq., at the Law Office of H. Anthony Hervol.
At the time of filing, the Debtor estimated assets at $100,000 to
$500,000 and liabilities at $500,000 to $1 million.

No trustee or examiner has been appointed in the Debtor's Chapter
11 Case, nor has a creditors’ committee or other official
committee been appointed.


WALDEN REAL ESTATE: Plan Confirmation Hearing to be Held March 15
-----------------------------------------------------------------
The Hon. Keith L. Phillips of the U.S. Bankruptcy Court for the
Eastern District of Virginia has scheduled for March 15, 2017, at
10:30 a.m. the hearing to consider the confirmation of the Chapter
11 plan filed by Walden Real Estate Ventures, LLC, on Dec. 22,
2016.

Objections to the confirmation of the Plan must be filed by March
8, 2017, which is also the last day for filing written acceptances
or rejections to the Plan.

No later than 35 days prior to the Confirmation Hearing, the
proponent of the Plan will mail to creditors, equity security
holders, and other parties-in-interest, and transmit to the U.S.
Trustee, the Plan, a ballot conforming to Official Form 14, and a
notice of the Confirmation Hearing.

                About Walden Real Estate Ventures

Walden Real Estate Ventures, LLC, filed a Chapter 11 bankruptcy
petition (Bankr. E.D. Va. Case No. 15-35082) on Oct. 1, 2015.  Hon.
Keitth L. Phillips presides over the case.  Kaplan, Voekler,
Cunningham & Frank, PLC represents the Debtor as counsel.

In its petition, the Debtor estimated $1 million to $10 million in
assets and $500,000 to $1 million in liabilities.  The petition was
signed by Lee A Barnes, Jr., managing member.


WET SEAL: Feb. 13 Meeting Set to Form Creditors' Panel
------------------------------------------------------
Andy Vara, United States Trustee for Region 3, will hold an
organizational meeting on Feb. 13, 2017, at 10:00 a.m. in the
bankruptcy case of The Wet Seal, LLC.

The meeting will be held at:

               The Doubletree Hotel
               700 King Street
               Wilmington, DE 19801

The sole purpose of the meeting will be to form a committee or
committees of unsecured creditors in the Debtors' case.

The organizational meeting is not the meeting of creditors pursuant
to Section 341 of the Bankruptcy Code.  A representative of the
Debtor, however, may attend the Organizational Meeting, and provide
background information regarding the bankruptcy cases.

To increase participation in the Chapter 11 proceeding, Section
1102 of the Bankruptcy Code requires that the United States Trustee
appoint a committee of unsecured creditors as soon as practicable.
The Committee ordinarily consists of the persons, willing to serve,
that hold the seven largest unsecured claims against the debtor of
the kinds represented on the committee.

Section 1103 of the Bankruptcy Code provides that the Committee may
consult with the debtor, investigate the debtor and its business
operations and participate in the formulation of a plan of
reorganization.  The Committee may also perform other services as
are in the interests of the unsecured creditors whom it
represents.

Mador Holdings, LLC owns 100% of the equity interest in Debtor
Mador Financing, LLC and indirectly owns 100% of the equity
interests in the remaining Debtors.  Debtor Mador Financing, LLC
owns 100% of the equity interests in Debtors The Wet Seal, LLC and
The Wet Seal Gift Card, LLC.

The Chapter 11 cases are pending in the U.S. Bankruptcy Court for
the District of Delaware and assigned to the Hon. Judge Christopher
S. Sontchi.  Contemporaneously with the filing of their voluntary
petitions, the Debtors are filing a motion requesting that the
Court consolidate their Chapter 11 cases under the Lead Case No.
17-10229.

As of the Petition Date, the Debtors owe: (a) Crystal Financial,
LLC $9.7 million on account of a credit agreement dated April 15,
2015, (b) Mador Funding, LLC approximately $15.6 million and (c)
unsecured creditors $8 million.

The Debtors have hired Young Conaway Stargatt & Taylor, LLP as
counsel and Donlin, Recano & Company, Inc. as claims & noticing
agent.


WILLBROS GROUP: Moody's Withdraws Caa1 Corporate Family Rating
--------------------------------------------------------------
Moody's Investors Service has withdrawn all ratings for Willbros
Group, Inc., including its Caa1 corporate family rating, Caa1-PD
probability of default rating and the B3 rating on the senior
secured asset based revolving credit facility issued by Willbros
United States Holdings Inc.

Withdrawals:

Issuer: Willbros Group, Inc.

-- Probability of Default Rating, Withdrawn , previously rated
Caa1-PD

-- Speculative Grade Liquidity Rating, Withdrawn , previously
rated SGL-3

-- Corporate Family Rating, Withdrawn , previously rated Caa1

Issuer: Willbros United States Holdings Inc.

-- Senior Secured Bank Credit Facility, Withdrawn , previously
rated B3 (LGD3)

Outlook Actions:

Issuer: Willbros Group, Inc.

-- Outlook, Changed To Rating Withdrawn From Negative

Issuer: Willbros United States Holdings Inc.

-- Outlook, Changed To Rating Withdrawn From Stable

RATINGS RATIONALE

Moody's has withdrawn the ratings for its own business reasons.
Please refer to the Moody's Investors Service's Policy for
Withdrawal of Credit Ratings, available on its website,
www.moodys.com.

REGULATORY DISCLOSURES

For any affected securities or rated entities receiving direct
credit support from the primary entity(ies) of this credit rating
action, and whose ratings may change as a result of this credit
rating action, the associated regulatory disclosures will be those
of the guarantor entity. Exceptions to this approach exist for the
following disclosures, if applicable to jurisdiction: Ancillary
Services, Disclosure to rated entity, Disclosure from rated entity.


WOODHAVEN TOWNHOUSE: Unsecureds to be Fully Paid in 4 Years
-----------------------------------------------------------
Woodhaven Townhouse Association, Inc., filed with the U.S.
Bankruptcy Court for the Northern District of Texas a disclosure
statement dated Jan. 27, 2017, referring to the Debtor's plan of
reorganization.

Class 5 Allowed General Unsecured Claims will be paid once allowed
in full over 48 months.  The payments will be made in monthly
payments on the first day of the month following the Effective Date
and will continue on the first day of each month thereafter until
paid as called for by the Plan.  The estimated amount in this class
is $83,000.  Of this amount $69,000 is disputed.  Christina Dudek's
claim is treated in this class.  The Class 5 Claims are impaired
and the holders of a Class 5 Claim are entitled to vote to accept
or reject the Plan.

The Disclosure Statement is available at:

          http://bankrupt.com/misc/txnb16-34424-47.pdf

                   About Woodhaven Townhouse

Woodhaven Townhouse Association, Inc., is a townhome owner's
association.  The Debtor filed a Chapter 11 bankruptcy petition
(Bankr. N.D. Tex. Case No. 16-34424) on Nov. 11, 2016, disclosing
under $1 million in both assets and liabilities.  The Debtor is
represented by Joyce W. Lindauer, Esq.

The Debtor hired Jennifer K. Maddox, CPA, as accountant.


WYNN RESORTS: Moody's Lowers Corporate Family Rating to Ba3
-----------------------------------------------------------
Moody's Investors Service downgraded Wynn Resorts Limited's
Corporate Family Rating to Ba3 from Ba2. The company's long-term
debt ratings were also lowered one-notch. Moody's also assigned an
SGL-1 Speculative Grade Liquidity Rating to Wynn. The outlook is
stable.

"The downgrade considers that Wynn did not achieve 6.0 times net
debt/EBITDA target that Moody's previously stated would be
necessary by the time the $4.1 billion Wynn Palace opened for the
Wynn to avoid a downgrade," stated Keith Foley, a Senior Vice
President at Moody's. The Wynn Palace opened on the Cotai Strip in
Macau, China in August 2016. "Although Moody's expects Wynn will be
improve its leverage now that the Wynn Palace has opened and will
begin to contribute EBITDA to offset the debt used to fund its
construction, it's not expected the company will be able to return
to a leverage profile consistent with its former Ba2 Corporate
Family Rating," added Foley.

Wynn's consolidated net debt/EBITDA for fiscal 2016 was about 7.6
times. Based on Moody's current assumptions, Wynn's net debt/EBITDA
will not drop below 6.0 until sometime in 2018 because of what is
expected to be a slower than expected ramp up of Wynn Palace and
the largely debt funded development of Wynn's $2.2-$2.4 billion
casino development near Boston, MA which isn't expected to open
until sometime in 2019. The net debt amount used in this
calculation incorporates excess cash available, which includes
unrestricted cash and short-term investments, but excludes assumed
amounts needed for day-to-day operations along with an estimate of
offshore cash amounts.

Wynn Resorts, Limited ratings downgraded:

Corporate Family Rating, to Ba3 from Ba2

Probability of Default rating, to Ba3-PD from Ba2-PD

Wynn Resorts, Limited ratings assigned:

Speculative Grade Liquidity Rating: SGL-1

Wynn Las Vegas, LLC ratings downgraded:

$1.8 billion 5 1/2% senior notes due 2025, to B1 (LGD 5) from Ba3
(LGD 5)

Wynn Macau, LLC ratings downgraded:

$1.35 billion 5 1/4% senior notes due 2021, to B1 (LGD 5) from Ba3
(LGD 5)

Wynn America, LLC ratings downgraded:

$375 million senior secured revolver due 2019, to Ba2 (LGD 2) from
Ba1 (LGD 2)

$875 million senior secured delay draw term 2020, to Ba2 (LGD 2)
from Ba1 (LGD 2)

RATING RATIONALE:

Wynn's ratings are supported by the quality, popularity, and
favorable reputation of company's casino properties -- a factor
that continues to distinguish it from most other gaming operators.
The ratings also consider the favorable prospects for the company's
casino in Everett, MA, a suburb near Boston that will improve the
company's geographic diversification. Moody's believes this casino
will ramp up well initially as well as perform strongly over the
long term given the favorable demographics, visitation trends, and
population concentration of the Boston area.

In addition to the company's high leverage, key credit concerns
include Wynn's limited diversification despite the fact that it is
one of the largest U.S. gaming operators in terms of revenue.
Wynn's revenue and cash flow are concentrated in the Macau gaming
market which has experienced significant declines in gaming revenue
during the past few years and has only recently stabilized. Moody's
also expects that Wynn will be presented with and pursue other
large, high profile, integrated resort development opportunities
around the world. As a result there will likely be periods where
the company's leverage experiences periods of increases due to
partially debt-financed, future development projects.

The stable rating outlook incorporates Moody's expectation that
Wynn will begin to reduce its leverage, albeit slower than
expected. It also considers the financial flexibility afforded to
the company by its very good liquidity profile and lack of any
near-term debt maturities. An upgrade would require that Wynn
demonstrate the ability and willingness to achieve and maintain net
debt/EBITDA below 5.0 times. Wynn ratings could be lowered if, for
any reason, it appears the company will not be able to reduce and
maintain its net debt/EBITDA below 6.0 times by the end of fiscal
2018.

Wynn Resorts, Limited owns 72.3% of Wynn Macau, Limited, which
operates Wynn Macau and Encore at Wynn Macau in the Macau Special
Administrative Region of the People's Republic of China. The
company also owns 100% of Wynn Las Vegas, LLC which operates Wynn
Las Vegas and Encore at Wynn Las Vegas in Las Vegas, Nevada; and
100% of Wynn America, LLC, the entity and debt obligor that owns
the license for the company's Massachusetts casino development.
Consolidated net revenue for the fiscal year-ended Dec. 31, 2016
was about $4.5 billion.

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


[*] No. of Companies with Moody's B3 & Below Rating Down in Jan.
----------------------------------------------------------------
The number of companies on its B3 Negative and Lower Corporate
Ratings List fell again in January, dipping 2.7% month over month.
Moody's Investors Service says in a new report. Down 4.5% from just
a year ago, the number of companies on the list now stands at 252,
reflecting a 13% decrease from the list's all-time high of 291
companies.

"At 17% of the total spec-grade population, the list's cohort is
close to its long-term average of 15%," noted Moody's associate
analyst Julia Chursin. "Were Moody's to excludes the oil & gas
sector in the analysis, however, the percentage of B3 negative and
lower companies would be even closer to the 15% long-term
average."

Ratings upgrades picked up significantly in contrast to the prior
month, causing five companies to leave the list -- a sign of
improving fundamentals at spec-grade companies. Nevertheless,
Chursin cautioned that defaults have not subsided to a great
extent, and taken together with benign rating actions, account for
the list's reduction. In fact, defaults marginally dominated
upgrades by 6 to 1 ratio. Notably, the majority of these defaults
emanated from the E&P and OFS sectors.

Oil and gas continued to be the sector with the largest
representation on Moody's list, accounting for a full quarter of
the total number of companies. Consumer/business services and
manufacturing followed, at 12% and 9%, respectively.


[*] Number of Bankruptcy Filings by U.S. Retailers Spikes in 2016
-----------------------------------------------------------------
Although energy companies grabbed the biggest bankruptcy headlines
in 2016, the number of bankruptcy filings by U.S. retailers nearly
doubled, and 2017 looks bleak for the industry, according to The
Deal, a business unit of TheStreet, Inc.  

"The rate of Chapter 11 filings is often an indicator of an
industry's health and that's bad news for retailers," said Ian
Wenik, bankruptcy reporter at The Deal.  "The number of
large-liability retail Chapter 11 filings (at least $250 million in
liabilities) nearly doubled in 2016 and that trend shows no signs
of slowing down.  Teen clothing retailers in particular are
struggling as teenagers turn towards experiences as a method of
conspicuous consumption and away from fashion labels."

The Deal's exclusive ranking covers the top U.S and Canadian firms
involved in bankruptcy cases filed between Jan. 1 and Dec. 31,
2016.

Some highlights from the report:

   -- Latham & Watkins LLP claimed the top spot for bankruptcy law
firms by volume, with $90.2 billion in liabilities.  Duane Morris
LLP followed, with $70.9 billion in liabilities.  Milbank, Tweed,
Hadley & McCloy LLP ranked third, with $58.9 billion in
liabilities.  Whiteford, Taylor & Preston LLP followed in fourth
with $46 billion in liabilities and DLA Piper ranked fifth with
$44.7 billion in liabilities.

   -- Goodmans LLP claimed the top spot for bankruptcy of Canadian
law firms by volume, with $11.8 billion in liabilities.  Borden
Ladner Gervais LLP followed, with $11.6 billion in liabilities.
Torys LLP ranked third, with $10.4 billion in liabilities. Stikeman
Elliott LLP followed in fourth with $10.1 billion in liabilities
and Norton Rose Fulbright LLP ranked fifth with $9.8 billion in
liabilities.

   -- For investment banks by volume, Houlihan Lokey Inc. remained
in the top spot, with $118.2 billion in liabilities.  Lazard Ltd.
followed in second, with $83 billion in liabilities.  Moelis & Co.
LLC was third, with $54.7 billion in liabilities.  PJT Partners
Inc. ranked fourth, with $34.8 billion in liabilities.  Jefferies
LLC rounded up the top five with $29.8 billion in liabilities.

   -- FTI Consulting Inc. claimed the top spot for Canadian
bankruptcy monitors by volume with $10.9 billion.
PricewaterhouseCoopers Inc. followed with $8.3 billion. Ernst &
Young Inc. came in third with $5.3 billion.  Alvarez & Marsal LLC
came in fourth with $974 million.  Richter Consulting Inc. came in
fifth with $672.4 million.

The full report is available online, or learn more about The Deal's
Bankruptcy League Tables by visiting
http://www.thedeal.com/league-tables/bankruptcy/

           About The Deal's Bankruptcy League Tables

The Deal's U.S. Bankruptcy League Tables include cases with at
least $25 million in liabilities.  The Canadian Bankruptcy League
Tables include all cases filed under the Companies Creditors
Arrangement Act (CCAA), plus cases filed pursuant to the Bankruptcy
and Insolvency Act (BIA), with at least $25 million in liabilities.
The rankings are based on the aggregation of those liability
values.

                        About The Deal

The Deal -- http://www.thedeal.com-- provides actionable, intraday
coverage of mergers, acquisitions and all other changes in
corporate control to institutional investors, private equity, hedge
funds and the firms that serve them.  The Deal is a business unit
of TheStreet, Inc., a financial news and information provider.
Other business units include TheStreet, which is celebrating its 20
[th] year of producing unbiased business news and market analysis;
BoardEx), a relationship mapping service of corporate directors and
officers; and RateWatch, which supplies rate and fee data from
banks and credit unions across the U.S.


[*] Pres. Trump Picks Judge Neil Gorsuch for Supreme Court Post
---------------------------------------------------------------
Jimmy Hoover, writing for Bankruptcy Law360, reports that President
Donald Trump has nominated Tenth Circuit Judge Neil Gorsuch as next
associate justice on the U.S. Supreme Court to succeed Justice
Antonin Scalia, who died in February 2016.

Judge Gorsuch has more than 10 years on a federal appeals court,
Jacqueline Bell, writing for Law360, relates.  Law360 states that
Judge Gorsuch has degrees from Harvard Law School, a Marshall
scholarship to Oxford University and two Supreme Court clerkships.

Citing legal experts, Daniel Wilson at Law360 states that with a
solid conservative bent, Judge Gorsuch is unlikely to shift the
high court's jurisprudence significantly away from where it stood
with the late Judge Scalia.

"Judge Gorsuch is a stellar choice.  He's brilliant and -- perhaps
as important -- he hails from the West and brings much needed
geographic diversity to the court," Law360 quoted Lisa Blatt, Esq.,
at Arnold & Porter Kaye Scholer LLP as saying.


[^] BOND PRICING: For the Week from Jan. 30 to Feb. 3, 2017
-----------------------------------------------------------
  Company                  Ticker   Coupon Bid Price   Maturity
  -------                  ------   ------ ---------   --------
A. M. Castle & Co          CASL       7.00     58.00 12/15/2017
American Eagle
  Energy Corp              AMZG      11.00      1.00   9/1/2019
Amyris Inc                 AMRS       6.50     55.00  5/15/2019
Avaya Inc                  AVYA      10.50     26.75   3/1/2021
Avaya Inc                  AVYA      10.50     32.00   3/1/2021
BPZ Resources Inc          BPZR       6.50      3.02   3/1/2015
BPZ Resources Inc          BPZR       6.50      3.02   3/1/2049
Buffalo Thunder
  Development Authority    BUFLO     11.00     38.00  12/9/2022
CEDC Finance Corp
  International Inc        CEDC      10.00     14.00  4/30/2018
Caesars Entertainment
  Operating Co Inc         CZR       12.75     74.75  4/15/2018
Caesars Entertainment
  Operating Co Inc         CZR        5.75     66.75  10/1/2017
Chassix Holdings Inc       CHASSX    10.00      8.00 12/15/2018
Chassix Holdings Inc       CHASSX    10.00      8.00 12/15/2018
Chukchansi Economic
  Development Authority    CHUKCH     9.75     42.50  5/30/2020
Chukchansi Economic
  Development Authority    CHUKCH     9.75     42.25  5/30/2020
Cinedigm Corp              CIDM       5.50     10.00  4/15/2035
Claire's Stores Inc        CLE        9.00     48.00  3/15/2019
Claire's Stores Inc        CLE        7.75     18.50   6/1/2020
Claire's Stores Inc        CLE        8.88     21.00  3/15/2019
Claire's Stores Inc        CLE       10.50     85.50   6/1/2017
Claire's Stores Inc        CLE        6.13     43.50  3/15/2020
Claire's Stores Inc        CLE        9.00     48.00  3/15/2019
Claire's Stores Inc        CLE        9.00     47.88  3/15/2019
Claire's Stores Inc        CLE        7.75     17.63   6/1/2020
Claire's Stores Inc        CLE        6.13     43.50  3/15/2020
Cobalt International
  Energy Inc               CIE        2.63     36.25  12/1/2019
Cumulus Media
  Holdings Inc             CMLS       7.75     40.00   5/1/2019
EXCO Resources Inc         XCO        7.50     49.88  9/15/2018
Emergent Capital Inc       EMGC       8.50     40.00  2/15/2019
Energy Conversion
  Devices Inc              ENER       3.00      7.88  6/15/2013
Energy Future
  Holdings Corp            TXU        6.50     13.75 11/15/2024
Energy Future
  Holdings Corp            TXU        5.55     10.25 11/15/2014
Energy Future
  Holdings Corp            TXU        6.55     14.00 11/15/2034
Energy Future
  Holdings Corp            TXU       11.25      9.75  11/1/2017
Energy Future
  Holdings Corp            TXU       10.88      9.75  11/1/2017
Energy Future
  Holdings Corp            TXU        9.75     29.25 10/15/2019
Energy Future
  Holdings Corp            TXU       10.88      9.75  11/1/2017
Energy Future
  Intermediate Holding
  Co LLC / EFIH
  Finance Inc              TXU       10.00     23.63  12/1/2020
Energy Future
  Intermediate Holding
  Co LLC / EFIH
  Finance Inc              TXU       10.00     24.05  12/1/2020
Energy Future
  Intermediate Holding
  Co LLC / EFIH
  Finance Inc              TXU        9.75     30.00 10/15/2019
Energy Future
  Intermediate Holding
  Co LLC / EFIH
  Finance Inc              TXU        6.88     23.25  8/15/2017
Erickson Inc               EAC        8.25     25.25   5/1/2020
Evergreen Solar Inc        ESLR       4.00      0.39  7/15/2013
FXCM Inc                   FXCM       2.25     47.50  6/15/2018
Fleetwood Enterprises Inc  FLTW      14.00      3.56 12/15/2011
GenOn Energy Inc           GENONE     7.88     77.91  6/15/2017
Goodman Networks Inc       GOODNT    12.13     42.25   7/1/2018
Gymboree Corp/The          GYMB       9.13     35.00  12/1/2018
Hartford Life Insurance Co HIG        5.00     99.15  2/15/2017
Homer City Generation LP   HOMCTY     8.14     40.75  10/1/2019
Horsehead Holding Corp     ZINC      10.50     80.25   6/1/2017
Illinois Power
  Generating Co            DYN        7.00     37.00  4/15/2018
Illinois Power
  Generating Co            DYN        6.30     37.00   4/1/2020
Iracore International
  Holdings Inc             IRACOR     9.50     51.00   6/1/2018
Iracore International
  Holdings Inc             IRACOR     9.50     51.00   6/1/2018
IronGate Energy
  Services LLC             IRONGT    11.00     33.25   7/1/2018
IronGate Energy
  Services LLC             IRONGT    11.00     37.38   7/1/2018
IronGate Energy
  Services LLC             IRONGT    11.00     35.63   7/1/2018
IronGate Energy
  Services LLC             IRONGT    11.00     35.63   7/1/2018
Jack Cooper Holdings Corp  JKCOOP     9.25     40.25   6/1/2020
James River Coal Co        JRCC       7.88      1.41   4/1/2019
Koppers Inc                KOP        7.88    101.50  12/1/2019
Las Vegas Monorail Co      LASVMC     5.50      0.83  7/15/2019
Lehman Brothers
  Holdings Inc             LEH        2.07      2.62  6/15/2009
Lehman Brothers
  Holdings Inc             LEH        1.00      2.62  9/16/2010
Lehman Brothers
  Holdings Inc             LEH        1.00      2.62  9/16/2010
Lehman Brothers
  Holdings Inc             LEH        1.00      2.62  11/3/2011
Lehman Brothers
  Holdings Inc             LEH        1.60      2.62  11/5/2011
Lehman Brothers
  Holdings Inc             LEH        1.25      2.62  3/22/2012
Lehman Brothers
  Holdings Inc             LEH        1.00      2.62  7/21/2009
Lehman Brothers
  Holdings Inc             LEH        1.25      2.62   8/5/2012
Lehman Brothers
  Holdings Inc             LEH        1.00      2.62   9/7/2012
Lehman Brothers
  Holdings Inc             LEH        1.00      2.62  12/9/2012
Lehman Brothers
  Holdings Inc             LEH        2.00      2.62   3/3/2009
Lehman Brothers
  Holdings Inc             LEH        1.50      2.62  3/29/2013
Lehman Brothers
  Holdings Inc             LEH        1.38      2.62  6/15/2009
Lehman Brothers
  Holdings Inc             LEH        1.00      2.62   6/9/2009
Lehman Brothers
  Holdings Inc             LEH        1.00      2.62 10/17/2013
Lehman Brothers
  Holdings Inc             LEH        4.00      2.62  4/30/2009
Lehman Brothers
  Holdings Inc             LEH        1.00      2.62  8/17/2014
Lehman Brothers
  Holdings Inc             LEH        1.00      2.62  11/2/2011
Lehman Brothers
  Holdings Inc             LEH        1.00      2.62  8/17/2014
Lehman Brothers
  Holdings Inc             LEH        1.00      2.62  3/29/2014
Lehman Brothers
  Holdings Inc             LEH        1.25      2.62   2/6/2014
Lehman Brothers
  Holdings Inc             LEH        5.00      2.62   2/7/2009
Lehman Brothers Inc        LEH        7.50      1.23   8/1/2026
Light Tower Rentals Inc    LHTTWR     8.13     43.00   8/1/2019
Light Tower Rentals Inc    LHTTWR     8.13     43.00   8/1/2019
Linn Energy LLC / Linn
  Energy Finance Corp      LINE       8.63     49.00  4/15/2020
Linn Energy LLC / Linn
  Energy Finance Corp      LINE       6.50     49.75  5/15/2019
Linn Energy LLC / Linn
  Energy Finance Corp      LINE       7.75     48.00   2/1/2021
MF Global Holdings Ltd     MF         3.38     30.50   8/1/2018
MModal Inc                 MODL      10.75     10.13  8/15/2020
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC         MPO       10.75      0.73  10/1/2020
Modular Space Corp         MODSPA    10.25     56.00  1/31/2019
Modular Space Corp         MODSPA    10.25     58.13  1/31/2019
NRG REMA LLC               GENONE     9.24     85.00   7/2/2017
Nine West Holdings Inc     JNY        8.25     27.75  3/15/2019
Nine West Holdings Inc     JNY        6.88     24.25  3/15/2019
Nine West Holdings Inc     JNY        8.25     26.00  3/15/2019
Nuverra Environmental
  Solutions Inc            NESC       9.88     11.32  4/15/2018
OMX Timber Finance
  Investments II LLC       OMX        5.54      9.13  1/29/2020
PNC Preferred
  Funding Trust I          PNC        2.61     96.50       N/A
PNC Preferred Funding
  Trust II                 PNC        2.19     96.63       N/A
Peabody Energy Corp        BTU        6.00     40.00 11/15/2018
Peabody Energy Corp        BTU        4.75      6.78 12/15/2041
Peabody Energy Corp        BTU        6.50     38.25  9/15/2020
Peabody Energy Corp        BTU        6.00     59.25 11/15/2018
Peabody Energy Corp        BTU        6.00     40.00 11/15/2018
Permian Holdings Inc       PRMIAN    10.50     30.00  1/15/2018
Permian Holdings Inc       PRMIAN    10.50     29.25  1/15/2018
Pernix Therapeutics
  Holdings Inc             PTX        4.25     25.00   4/1/2021
Pernix Therapeutics
  Holdings Inc             PTX        4.25     25.81   4/1/2021
Prospect Holding Co LLC /
  Prospect Holding
  Finance Co               PRSPCT    10.25     47.88  10/1/2018
Prospect Holding Co LLC /
  Prospect Holding
  Finance Co               PRSPCT    10.25     47.88  10/1/2018
Rolta LLC                  RLTAIN    10.75     23.00  5/16/2018
Rowan Cos Inc              RDC        5.00    101.66   9/1/2017
SAExploration
  Holdings Inc             SAEX      10.00     50.13  7/15/2019
Samson Investment Co       SAIVST     9.75      7.33  2/15/2020
Sequa Corp                 SQA        7.00     55.38 12/15/2017
Sequa Corp                 SQA        7.00     55.38 12/15/2017
Sidewinder Drilling Inc    SIDDRI     9.75      6.00 11/15/2019
Sidewinder Drilling Inc    SIDDRI     9.75      6.00 11/15/2019
SunEdison Inc              SUNE       5.00     38.00   7/2/2018
SunEdison Inc              SUNE       2.75      2.00   1/1/2021
SunEdison Inc              SUNE       2.38      2.00  4/15/2022
SunEdison Inc              SUNE       2.00      2.00  10/1/2018
SunEdison Inc              SUNE       3.38      2.75   6/1/2025
SunEdison Inc              SUNE       0.25      3.00  1/15/2020
SunEdison Inc              SUNE       2.63      3.25   6/1/2023
TMST Inc                   THMR       8.00     14.44  5/15/2013
Talos Production LLC /
  Talos Production
  Finance Inc              TALPRO     9.75     52.50  2/15/2018
Talos Production LLC /
  Talos Production
  Finance Inc              TALPRO     9.75     70.50  2/15/2018
TerraVia Holdings Inc      TVIA       5.00     40.13  10/1/2019
TerraVia Holdings Inc      TVIA       6.00     66.13   2/1/2018
Terrestar Networks Inc     TSTR       6.50     10.00  6/15/2014
TetraLogic
  Pharmaceuticals Corp     TLOG       8.00      5.50  6/15/2019
Trans-Lux Corp             TNLX       8.25     20.13   3/1/2012
UCI International LLC      UCII       8.63     25.75  2/15/2019
Venoco LLC                 VQ         8.88      1.27  2/15/2019
Verso Paper Holdings
  LLC / Verso Paper Inc    VRS       11.75     17.00  1/15/2019
Verso Paper Holdings
  LLC / Verso Paper Inc    VRS       11.75     17.00  1/15/2019
Violin Memory Inc          VMEM       4.25      8.50  10/1/2019
Walter Energy Inc          WLTG       8.50      0.54  4/15/2021
Walter Energy Inc          WLTG       9.88      0.62 12/15/2020
Walter Energy Inc          WLTG       9.88      0.62 12/15/2020
Walter Energy Inc          WLTG       9.88      0.62 12/15/2020
iHeartCommunications Inc   IHRT      10.00     80.00  1/15/2018
rue21 inc                  RUE        9.00     24.00 10/15/2021
rue21 inc                  RUE        9.00     24.00 10/15/2021


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.

                            *********

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Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2017.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000 or Nina Novak at 202-362-8552.

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