TCR_Public/170227.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 27, 2017, Vol. 21, No. 57

                            Headlines

15 JOHN CORP: Court Extends Plan Filing Deadline to March 31
1802 PALISADES: Seeks to Hire Berman DeLeve as Legal Counsel
275 OLD GRIFFIN: Case Summary & Unsecured Creditors
ABENGOA BIOENERGY: Can File Plan of Reorganization Until April 19
ADAMS TRACTOR: Hearing on Plan Outline Approval Set for April 24

ADVANTAGE AVIATION: Legacy Guaranteed Claims to Get 100% Over Time
AFFINION GROUP: S&P Affirms 'CCC+' CCR & Revises Outlook to Neg.
ALASKA HARVEST: Seeks to Hire Behrends Carusone as Legal Counsel
AMC PROPERTIES: Unsecureds to be Paid in Full Under Amended Plan
ANGIOSOMA INC: Unit Inks Placement Agreement with Boustead

AOXING PHARMACEUTICAL: Incurs $43,000 Net Loss in Dec. 31 Quarter
APOLLO ENDOSURGERY: Amends Code of Ethics to Conform with NASDAQ
ARCH COAL: S&P Assigns 'BB-' Rating on Proposed $250MM Term Loan
ARLINGTON APARTMENTS: Case Summary & 10 Unsecured Creditors
ATOPTECH INC: Court Nixes $1M Protection Plan for Draper's Bid

AUTHENTIDATE HOLDING: Will Amend Q3 2016 Quarterly Report
BASS PRO: Bank Debt Trades at 3% Off
BAY THREE: Hearing on Plan Outline Approval Set For March 29
BENCH AND BAR: Plan Confirmation Hearing on March 23
BERGEN PLAZA: Voluntary Chapter 11 Case Summary

BGM PASADENA: Ch. 11 Trustee Taps Ballard Spahr as Legal Counsel
BIG APPLE: Taps Goldin Associates as Financial Advisor
BILLINGSLEY PRECISION: Unsecureds to Recoup 20% Under Plan
BIOSCRIP INC: Bank Debt Trades at 4% Off
BIOSERV CORP: Parent's Unsecured Claims to be Reduced to 30%

BIOSTAGE INC: Empery Asset Reports 6.74% Equity Stake
BMB MUNAI: Reports $99.5K Net Loss for Third Quarter
BOEGEL FARMS: Voluntary Chapter 11 Case Summary
BON-TON STORES: Brigade Capital Has 14.6% Stake as of Dec. 31
CAESARS ENTERTAINMENT: Enters Into Committed Financing Agreements

CANADIAN SOLAR: Moody's Withdraws Ba2 Corporate Family Rating
CAPSTONE PEDIATRICS: Unsecureds to Get Paid in Full Over 15 Yrs.
CARVER BANCORP: Incurs $1.15 Million Net Loss in Third Quarter
CASA RANCHERO: Seeks to Hire Goe & Forsythe as Legal Counsel
CBS RADIO: Moody's Assigns Ba3 Rating to New $500MM Term Loan B-1

CBS RADIO: S&P Rates $500MM Incremental Term B-1 Loan 'BB-'
CIRCULATORY CENTERS: Bankruptcy Court to Remand Fifth Third's Suit
CLEVELAND BIOLABS: Incurs $2.65 Million Net Loss in 2016
CLUB VILLAGE: Seeks May 22 Extension of Plan Filing Deadline
COMBIMATRIX CORP: Reports $558,000 Net Loss for Fourth Quarter

COMMERCIAL BARGE: S&P Lowers CCR to 'B-' on Weak Market Conditions
COMMUNITY VISION: Asks Court to Conditionally Approve Disclosures
COMPOUNDING DOCS: Seeks 90-day Extension of Plan Filing Deadline
COMSTOCK RESOURCES: Carl Westcott Reports 8.67% Equity Stake
COMSTOCK RESOURCES: D. E. Shaw Stake Down to 0.1% as of Dec. 31

COMSTOCK RESOURCES: Symphony Asset Has 5.96% Equity Stake
CONNEAUT LAKE: Court to Dismiss Garry Harris Adversary Proceeding
CONNECT TRANSPORT: Trustee to Hire Searcy & Searcy as Counsel
CONTURA ENERGY: S&P Assigns 'B-' CCR; Outlook Positive
COPIA INVESTING: U.S. Trustee Unable to Appoint Committee

CORRUGATED INDUSTRIES: Taps David W. Steen as Legal Counsel
COSTA DORADA APARTMENTS: Unsecureds to Recoup 100% in 35 Months
CRYSTAL ENTERPRISES: Unsecureds to Recover 13% Under Plan
DAVID'S BRIDAL: Bank Debt Trades at 12% Off
DEASY ASSOCIATES: HIS to be Paid $785 Monthly at 8% Under Plan

DELCATH SYSTEMS: Promotes Barbra Keck to Chief Financial Officer
DEXTERA SURGICAL: Receives Noncompliance Notice from NASDAQ
DIGIDEAL CORPORATION: Case Summary & 20 Top Unsecured Creditors
DIRECTORY DISTRIBUTING: Trustee Seeks to Hire Williams-Keepers
DIRECTORY DISTRIBUTING: Trustee Taps Thompson Coburn as Counsel

EAST BAY DRY: U.S. Trustee Unable to Appoint Committee
EASTERN OUTFITTERS: Seeks to Hire Bracewell LLP as Legal Counsel
EASTERN OUTFITTERS: Seeks to Hire Cole Schotz as Co-Counsel
EASTERN OUTFITTERS: Seeks to Hire RCS as Real Estate Advisor
EASTERN OUTFITTERS: Taps Kurtzman Carson as Administrative Agent

EASTERN OUTFITTERS: Taps Malfitano as Asset Disposition Advisor
EASTERN STAR: Seeks to Hire James F. Dowden as Legal Counsel
EASTMINSTER SCHOOL: Unsecureds to be Paid Through Georgia Lot Sale
EFT HOLDINGS: Incurs $1.22 Million Net Loss in Third Quarter
EIA TROPICAL: Intends to Renegotiate Lease, File Plan on April 29

EMERALD GRANDE: U.S. Trustee Unable to Appoint Committee
EPICENTER PARTNERS: March 21 Disclosure Statement Hearing
EQUINOX HOLDINGS: Moody's Assigns B1 Rating to New 1st Lien Loans
ERATH IRON: Case Summary & 20 Largest Unsecured Creditors
ERIK CHERDAK: U.S. Trustee Forms 3-Member Committee

EVEN ST. PRODUCTIONS: Disclosures OK'd; Plan Hearing on April 27
EVERYWARE GLOBAL: Sixth Circuit Affirms Securities Suit Dismissal
FANNIE MAE: Reports Net Income of $12.3 Billion for 2016
FERRY RD. REALTY: Case Summary & 8 Unsecured Creditors
FIRSTPAY INC: Claim Filing Deadline Set for May 5

FOLTS HOME: Selling Nursing Home Facilities to Upstate for $9.5M
FOREST PARK FORT WORTH: Files Chapter 11 Plan of Liquidation
FOREST PARK MEDICAL: Plan Confirmation Hearing Set for April 11
FORMOSA PLANTATION: Wants to Extend Plan Filing Period to May 24
FORT IRWIN: Moody's Affirms Ba2 Rating on Class III Bonds

FOUR SEASONS LANDSCAPE: U.S. Trustee Unable to Appoint Committee
FREEDOM COMMUNICATIONS: Needs Until June 25 to File Ch. 11 Plan
FRESH ICE CREAM: Taps DelBello Donnellan as Legal Counsel
FUNCTION(X) INC: Plans to Offer $6 Million Common Shares
GASTAR EXPLORATION: Inks $425-Mil. Investment Pact with Ares

GASTAR EXPLORATION: S&P Affirms 'CCC-' CCR; Outlook Negative
GAWKER MEDIA: Objects To IRS & NY City Claims; March 22 Hearing Set
GEMINI PROPERTY: Disclosures OK'd, Plan Hearing on April 5
GERALEX INC: Unsecureds to Get $25K-$65K Annually Under Latest Plan
GUIDED THERAPEUTICS: Issues $170,000 Convertible Note to Auctus

GULFMARK OFFSHORE: FMR LLC Holds 12% Stake as of Feb. 13
HAMILTON SUNDSTRAND: Bank Debt Trades at 6% Off
HBT JV: In Chapter 11 to Sell Honda Dealership Assets
HCSB FINANCIAL: EJF Capital Reports 9.9% Stake as of Dec. 31
HELIX GEN: Moody's Assigns Ba2 Rating to Senior Secured Debt

HYDROCARB ENERGY: SEC Sues Kent & Michael Watts Over Stock Scheme
INTERNAP CORP: $43MM Equity Increase No Impact on Moody's B3 CFR
INTERNATIONAL SHIPHOLDING: Resolves BMO Harris' Objection to Plan
J.J. BAKER: Polk County to Get $225 Monthly at 3.91% Over Five Yrs
JACK ROSS: Seeks April 24 Exclusive Plan Filing Period Extension

JVJ PHARMACY: EZ RX to Fund Unsecured Account with $150,000
KIDS FIRST: Voluntary Chapter 11 Case Summary
KIWA BIO-TECH: Hires DYH & Co. as New Auditors
KIWA BIO-TECH: Transfers Equity Interest in Shandong to Dian Shi
KOMODIDAD DISTRIBUTORS: Taps Ferraiuoli as Special Counsel

KRONOS WORLDWIDE: S&P Lowers CCR to 'B-' on Weaker Performance
KSS HOLDINGS: S&P Revises Outlook to Neg. & Affirms 'B+' CCR
LA ESTRELLA: Seeks 90-Day Extension to Confirm Amended Plan
LEARNING ENHANCEMENT: Wants Plan Filing Deadline Moved to April 4
LEGACY RESERVES: Incurs $74.82 Million Net Loss in 2016

LEHMAN BROTHERS: Supreme Court Snubs Former Workers' Appeal
LIMITED STORES: Limited IP Wins Auction of IP & E-Commerce Assets
LUKE'S LOCKER: Seeks to Hire Joseph Sullivan LLC, Appoint CRO
LUVIS AMBULANCE: Unsecureds to Recoup 70% Under Chapter 11 Plan
MASSAPEQUA FARMS: Case Summary & 8 Unsecured Creditors

MCGAHAN FAMILY: Unsecureds to Get $60,110, Plus 6%, by Oct. 2018
MERRIMACK PHARMACEUTICALS: FMR Reports 15% Equity Stake
MESOBLAST LIMITED: Study Shows MPCs Improve Disease Severity
METRO FUEL: Former Controller Pleads Guilty to Bank Fraud
METRO GLASS: Seeks to Hire Hicks & Alhejaj as Legal Counsel

METROPOLITAN BAPTIST: Unsecureds to Get Monthly Payments for 8 Yrs.
MONROE HEIGHTS: Case Summary & 20 Largest Unsecured Creditors
MOTORS LIQUIDATION: Trustee Can Reallocate $4.9-Mil. for Expenses
MRN HOMES: U.S. Trustee Unable to Appoint Committee
MURRAY ENERGY: Reorg Research Appeals Order to Reveal Sources

NEIMAN MARCUS: Bank Debt Trades at 21% Off
NEW COUNTRY WIRELESS: Taps Casner & Edwards as Legal Counsel
NEW WORLD CONDOMINIUM: Fire Alarm Specialists to Get 100% in 60 Mos
OLYMPIA OFFICE: Wants to Align Exclusive Periods With Co-Debtors
OUTSOURCING STORAGE: Taps Cunningham Chernicoff as Legal Counsel

PAR TWO INVESTORS: Asks Court to Conditionally OK Disclosures
PARAGON OFFSHORE: Court Moves Plan Filing Deadline to March 31
PEAK WEB: April 4 Plan Confirmation Hearing
PFO GLOBAL: Creditors' Committee Named for 2 Debtors
PIONEER ENERGY: Incurs $128.4 Million Net Loss in 2016

PUERTAS DE GARAGE: Unsecureds to Recoup 2% Under Plan
QUANTUM CORP: Soros Fund Ceases to be 5% Shareholder
QUICK CHANGE: Court Denies Plan Disclosures
QUINTILES IMS: Moody's Rates New $900MM Unsec. Euro Notes Ba3
RAMIRO & ROSA: Asks Court to Extend Plan Filing Period to April 23

RELIANT MEDICAL: Moody's Rates New $142MM Series 2017 Bonds Ba2
RENNOVA HEALTH: Sramowicz Discloses 10.5% Stake as of Sept. 21
RENNOVA HEALTH: Steven Sramowicz Owns 11% Stake as of Nov. 15
RESOLUTE ENERGY: Anchorage Capital Reports 5.4% Stake as of Dec. 31
RESOLUTE ENERGY: Moody's Raises Corporate Family Rating to B3

RESOLUTE ENERGY: SPO Partners Ceases to be Shareholder
RESOURCE CAPITAL: Shareholder Files Another Lawsuit Over Loans
RGW PROPERTIES: Court Confirms Chapter 11 Plan
RICEBRAN TECHNOLOGIES: Stockholders OK Increase of Authorized Stock
RICEBRAN TECHNOLOGIES: To Appeal Nasdaq's Delisting Determination

ROMAD REALTY: Court Further Extends Plan Filing Period to March 28
RYCKMAN CREEK: Wholesale Electric's Bid for Partial Judgment OK'd
SAM BASS: Ch. 11 Examiner Sought to Investigate Financial Condition
SAN JOSE CONTRACTING: U.S. Trustee Unable to Appoint Committee
SCIENTIFIC GAMES: Fine Capital Holds 7.4% of Class A Shares

SCIENTIFIC GAMES: Names Karin-Joyce Tjon Chief Operating Officer
SCIENTIFIC GAMES: Nantahala Capital Holds 6.6% of Class A Shares
SCIENTIFIC GAMES: Unit Completes Financing Transactions
SHELTER ISLAND: Case Summary & 8 Unsecured Creditors
SK VISION: Seeks to Use WTA Corporation Cash Collateral

SOTERA WIRELESS: Trade Claim Holders to Recoup 100%, With 8%
STONEPEAK CLAREMONT: Moody's Assigns B3 Corporate Family Rating
SUNGARD AVAILABILITY: Bank Debt Trades at 4% Off
SUNSOUTH BANCSHARES: Seeks to Hire Memory & Day as Legal Counsel
SUPERIOR PLUS: S&P Assigns 'BB' Rating on New $200MM Unsec. Notes

SYFOOD GROUP: Seeks April 23 Exclusive Plan Period Extension
TARA RETAIL: U.S. Trustee Unable to Appoint Committee
THREE BO'S: Voluntary Chapter 11 Case Summary
TOISA LIMITED: Regains Control of Oil-Transporting Vessel
TOUCHSTONE HOME: Taps Vorndran Shilliday as Legal Counsel

TOWN SPORTS: HG Vora Discloses 18.2% Equity Stake as of Dec. 31
TOWN SPORTS: Posts $8.04 Million Net Income for 2016
TRIBUNE COMPANY: Court Narrows MDL No. 11-2296
TRIDENT BRANDS: LPF (MCTECH) Has 30.3% Stake as of Dec. 31
TRIDENT BRANDS: LPF (MCTECH) Reports 27.6% Stake as of Sept. 30

TRONOX LTD: S&P Affirms 'B' CCR on Plans to Acquire Cristal Assets
UNITED MOBILE: BMW Bank Gets $920.39 Per Month Until Paid in Full
UNITED RENTALS: Moody's Affirms Ba3 CFR & Alters Outlook to Pos.
VANGUARD HEALTHCARE: Disclosures Approved, March 28 Plan Hearing
VC GB: Offering Structure Change No Impact on Moody's B2 CFR

VERITEQ CORP: Incurs $11.1 Million Net Loss in 2015
VERITEQ CORP: Incurs $2.6 Million Net Loss in 3rd Quarter 2016
VERITEQ CORP: Incurs $3.4 Million Net Loss in Q1 2016
VERITEQ CORP: Posts $83,035 Net Income for Second Quarter
VERMILLION INC: Oracle Partners Hikes Equity Stake to 10.13%

WALNUT CREEK: Seeks to Hire Cutler Law Firm as Legal Counsel
WALTER INVESTMENT: Bank Debt Trades at 5% Off
WARRIOR MET: Moody's Assigns B3 Corp. Family Rating
WESTMORELAND COAL: Boston Partners Ceases to be 5% Shareholder
WESTMORELAND COAL: Venor Capital Holds 4.07% Stake as of Dec. 31

WET SEAL: Committee Asks Court to Curb Payments to Sr. Creditors
WHITING PETROLEUM: Incurs $1.33 Billion Net Loss in 2016
WILLIAM'S WORLDWIDE: Case Summary & 9 Unsecured Creditors
WILLMAN CONSTRUCTION: Remaining Claimants to Get 50% Over 10 Yrs.
WME IMG: Term Loan Upsize No Impact on Moody's B2 CFR

XTERA COMMUNICATIONS: Case Converted to Chapter 7 Liquidation
ZIO'S RESTAURANT: Unsecureds to Recover 5% Under Amended Plan
[*] Munsch Hardt Co-Founder Russell L. Munsch Dies in Plane Crash
[^] BOND PRICING: For the Week from February 20 to 24, 2017

                            *********

15 JOHN CORP: Court Extends Plan Filing Deadline to March 31
------------------------------------------------------------
Judge Michael E. Wiles of the U.S. Bankruptcy Court for the
Southern District of New York extended the exclusivity period in
which 15 John Corp. alone may file a Plan of Reorganization from
Feb. 22, 2017 to March 31, 2017.

The Troubled Company Reporter had earlier reported that the Debtor
requested for exclusivity extension, telling the Court that it had
been actively negotiating with the Secured Creditors and had
obtained extensions for the use of Cash Collateral and other relief
from these creditors reflecting the willingness of the Secured
Creditors to continue to engage with the Debtor.

The Debtor believed that there would be an agreement, in principle,
with its largest creditor representing the Class Action Plaintiffs
in the Debtor's case holding claims of approximately $5,000,000.

In addition, the Debtor had been engaged in negotiations with the
Landlord, who had likewise agreed, to adjourn and extend the
Debtor's Motion to assume the Lease while the negotiations
continue.

Moreover, the Debtor contended that it would be necessary for
purposes of disclosure and confirmation to ascertain the amount of
the claims that need to be dealt with in this Chapter 11 case.  The
Debtor also contended that it had filed a Bar Date Application
which the Court had scheduled, coincidentally, for Feb. 21, 2017.

As such, the Debtor believed that it will have the ingredients for
a Chapter 11 Plan upon resolution of the issues with these
creditors.

                       About 15 John Corp.

15 John Corp. a/k/a Les Halles a/k/a First Admin Inc. sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y.
Case No. 16-12453) on Aug. 25, 2016.  The petition was signed by
Philip Lajaunie, president.  The case is assigned to Judge Michael
E. Wiles.  At the time of the filing, the Debtor estimated its
assets at $50,000 to $100,000 and debts at $1 million to $10
million.

The Debtor tapped Leo Fox, Esq., as counsel, and Harry A. Harrison
and Aronson LLC as its accountant.


1802 PALISADES: Seeks to Hire Berman DeLeve as Legal Counsel
------------------------------------------------------------
1802 Palisades, LLC seeks approval from the U.S. Bankruptcy Court
for the Western District of Missouri to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire Berman, DeLeve, Kuchan & Chapman, LLC
to give legal advice regarding its duties under the Bankruptcy
Code, examine claims of creditors, assist in the preparation of a
bankruptcy plan, and provide other legal services.

Ronald Weiss, Esq., and Joel Pelofsky, Esq., the attorneys
designated to represent the Debtor, will charge an hourly rate of
$300 for their services.  Paralegal and document maintenance
personnel will charge $100 per hour.

Berman and its attorneys do not represent or hold any interest
adverse to the Debtor's bankruptcy estate, according to court
filings.

The firm can be reached through:

     Ronald S. Weiss, Esq.
     Joel Pelofsky, Esq.
     Berman, DeLeve, Kuchan & Chapman, LLC
     2850 City Center Square
     1100 Main Street
     Kansas City, MO 64105
     Phone: (816) 471-5900
     Fax: (816) 842-9955
     Email: rweiss@bdkc.com
     Email: jpelofsky@bdkc.com

                      About 1802 Palisades

Headquartered in Leawood, Kansas, 1802 Palisades, LLC, filed for
Chapter 11 bankruptcy protection (Bankr. W.D. Mo. Case No.
17-20009) on Jan. 9, 2017, listing $2.05 million in total assets
and $2.15 million in total liabilities.  The petition was signed by
Patsy Prelogar, authorized representative.

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


275 OLD GRIFFIN: Case Summary & Unsecured Creditors
---------------------------------------------------
Debtor: 275 Old Griffin Road LLC
        275 Old Griffin Road
        McDonough, GA 30253

Case No.: 17-53182

Chapter 11 Petition Date: February 21, 2017

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

Debtor's Counsel: Kevin J. Cowart, Esq.
                  THE COWART LAW FIRM, P.C.
                  P. O. Box 897
                  Madison, GA 30650
                  Tel: 706-431-2450
                  Fax: (404) 506-9744
                  E-mail: kevinjcowart@gmail.com

Total Assets: $133,890

Total Liabilities: $55 million

The petition was signed by Andrea H. Bishop, member.

The Debtor listed the Bank of the Ozarks c/o Howick, Westfall
& Kaplan as its unsecured creditor holding a claim of $54,991,609.

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

         http://bankrupt.com/misc/ganb17-53182.pdf


ABENGOA BIOENERGY: Can File Plan of Reorganization Until April 19
-----------------------------------------------------------------
Judge Kathy A. Surratt-States of the U.S. Bankruptcy Court for the
Eastern District of Missouri extended exclusive periods during
which Abengoa Bioenergy US Holding, LLC and its debtor affiliates
may file a plan of reorganization and solicit votes on the plan to
April 19, 2017 and June 18, 2017, respectively.

The Troubled Company Reporter had earlier reported that the Debtors
sought for exclusivity extension in order to preserve the
efficiency of the plan process and to allow them to remain focused
on negotiations with the Committee and other stakeholders to
formulate a chapter 11 plan that will maximize the value to the
Debtors' creditors and estates.

The Debtors related that since the commencement of their chapter 11
cases, the Debtors and their professionals had undertaken
substantial efforts to accomplish three major tasks: (1) assuring
smooth transition to operating as debtors in possession in chapter
11 cases; (2) restarting two ethanol production facilities that had
been shuttered in late 2015 due to the lack of funding; and (3)
consummating a sale process for substantially all of the Debtors'
assets.

The Debtors further related that they had been working diligently
with their advisors to obtain DIP Financing, and to develop a
budget that would enable to the Debtors to accomplish their
near-term operational goals, instill confidence in their suppliers,
customers, and employees, and facilitate the marketing process in
order to maximize the value of the Debtors' assets.

Over the past several months, the Debtors had been working
diligently with their advisors to develop a chapter 11 plan in
conjunction with the Committee.  Currently, the Debtors had
continued to work with the Committee and other key stakeholders to
finalize a consensual chapter 11 plan.  

The Debtors believed that, with the substantial progress made with
the Committee in formulating a consensual chapter 11 plan, an
additional extension of the Exclusivity Periods will ensure that
the Debtors have the opportunity to remain focused on finalizing
the chapter 11 plan process so that these cases are administered as
efficiently as possible for the benefit of the Debtors' creditors.

               About Abengoa Bioenergy US Holding

Abengoa Bioenergy is a collection of indirect subsidiaries of
Abengoa S.A., a Spanish company founded in 1941. The global
headquarters of Abengoa Bioenergy is in Chesterfield, Missouri.  

With a total investment of $3.3 billion, the United States has
become Abengoa S.A.'s largest market in terms of sales volume,
particularly from developing solar, bioethanol, and water
projects.

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

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

Gavilon Grain, LLC, et al., on Feb. 1, 2016, filed an involuntary
Chapter 7 petition for Abengoa Bioenergy of Nebraska, LLC ("ABNE")
and on Feb. 11, 2016, filed an involuntary Chapter 7 petition for
Abengoa Bioenergy Company, LLC ("ABC").  ABC's involuntary Chapter
7 case is Bankr. D. Kan. Case No. 16-20178. ABNE's involuntary Case
is Bankr. D. Neb. Case No. 16-80141. An order for relief has not
been entered, and no interim Chapter 7 trustee has been appointed
in the Involuntary Cases. The petitioning creditors are represented
by McGrath, North, Mullin & Kratz, P.C.

On Feb. 24, 2016, Abengoa Bioenergy US Holding, LLC and five
affiliated debtors each filed a Chapter 11 voluntary petition in
St. Louis, Missouri, disclosing total assets of $1.3 billion and
debt of $1.2 billion.  The cases are pending before the Honorable
Kathy A. Surratt-States and are jointly administered under Bankr.
E.D. Mo. Case No. 16-41161.

The Debtors have engaged DLA Piper LLP (US) as counsel, Armstron
Teasdale LLP as co-counsel, Alvarez & Marsal North America, LLC as
financial advisor, Lazard as investment banker and Prime Clerk LLC
as claims and noticing agent.


ADAMS TRACTOR: Hearing on Plan Outline Approval Set for April 24
----------------------------------------------------------------
The Hon. Jerry A. Funk of the U.S. Bankruptcy Court for the Middle
District of Florida will hold on April 24, 2017, at 11:00 a.m., a
hearing to consider the approval of the disclosure statement filed
by Adams Tractor & Landscaping Services, Inc., referring to the
Debtor's plan of reorganization.

Any objection to the Disclosure Statement must be filed seven days
before the hearing.

           About Adams Tractor & Landscaping Services

Adams Tractor & Landscaping Services, Inc., filed a Chapter 11
petition (Bankr. M.D. Fla. Case No. 16-03191) on Aug. 22, 2016.
The Debtor is represented by Thomas C. Adam, Esq., at Adam Law
Group, P.A.

The Debtor is a Florida Corporation in St. Augustine, Florida.  The
Debtor's primary business includes the design and installation of
commercial and residential landscapes, excavation, waste and debris
hauling, and related services.


ADVANTAGE AVIATION: Legacy Guaranteed Claims to Get 100% Over Time
------------------------------------------------------------------
Advantage Aviation Technologies, Inc., and Advantage Aviation
Technologies II, LLC, filed with the U.S. Bankruptcy Court for the
Northern District of Texas their first amended disclosure statement
dated Feb. 20, 2017, for their first amended joint Chapter 11
plan.

Under the Plan, Class 8 AAT II Legacy Guaranteed Claims --
estimated at $872,258 -- are impaired and the holders will be paid
100% of their claims.

The AAT II Legacy Guaranteed Claims will be deemed allowed claims
in an amount to be determined (1) by agreement or (2) by the Court
at the confirmation hearing.  The AAT II Legacy Guaranteed Claims
are evidenced by several documents including but not limited to the
following: (i) that certain promissory note, by and between AAT II
and LegacyTexas Bank, dated Feb. 15, 2015, in the original
principal amount of $697,582.23; and (ii) that certain promissory
note, by and between AAT II and LegacyTexas Bank, dated Feb. 15,
2015, in the original principal amount of $225,000.

The Debtor will make monthly payments to holders of the AAT II
Legacy Guaranteed Claims, in aggregate, equal to the amount of
interest accruing monthly at an annual, fixed rate of 5% for the 13
months following the Effective Date.  Following the Interest-Only
Period, the Debtor will make monthly payments of $10,400,
representing principal and interest payments, with interest being
paid monthly at the fixed, annual rate of 5%, to satisfy the
remainder of the AAT II Legacy Guaranteed Claims.  Any and all
provisions of the Legacy loan documents will remain in full force
and effect, provided, however, there will be no penalty resulting
from the Debtors' or Reorganized Debtors' pre-payment of such AAT
II Legacy Guaranteed Claims.

The plan distributions to be made in cash under the terms of the
Plan will be funded from (a) the Debtors' cash on hand as of the
Effective Date and (b) cash generated from the ongoing operations
of the Debtors.

On and after the Effective Date, all property of the Estates,
including all claims, rights and causes of action and any property
acquired by the Debtors under or in connection with the Plan, will
vest in each respective Reorganized Debtor free and clear of all
claims, liens, charges, other encumbrances and interests.  On and
after the Effective Date, the Reorganized Debtors may operate their
businesses and may use, acquire and dispose of property and
prosecute, compromise or settle any claims (including any
administrative expense claims) and causes of action without
supervision of or approval by the Bankruptcy Court and free and
clear of any restrictions of the Bankruptcy Code or the Bankruptcy
Rules other than restrictions expressly imposed by the Plan or the
confirmation court order.  Without limiting the foregoing, the
Reorganized Debtors may pay the charges that they incur on or after
the Effective Date for professional persons' fees, disbursements,
expenses or related support services without application to the
Bankruptcy Court.

A hearing will be held on April 10, 2017, at 1:30 p.m. (Central
Standard Time), to consider confirmation of the Plan.  Objections,
if any, to the confirmation of the Plan must be filed by April 3,
2017, at 4:00 p.m. (Central Standard Time).  The voting deadline to
accept or reject the Plan is 4:00 p.m. (Central Standard Time) on
April 3, 2017.

The First Amended Disclosure Statement is available at:

           http://bankrupt.com/misc/txnb16-30633-230.pdf

As reported by the Troubled Company Reporter on Jan. 16, 2017, the
Debtors filed with the Court their proposed plan to exit Chapter 11
protection.  Under that restructuring plan, holders of Class 1
general unsecured claims against AAT would not receive a
distribution from the company and instead must look to AAT II, if
applicable.  Class 9 general unsecured creditors of AAT II, which
hold $851,302 in claims, would recover 30% of their claims, while
each holder of Class 9 claim would receive payment on a pro rata
basis.  

                     About Advantage Aviation

Advantage Aviation Technologies, Inc., was formed in 1996.  AAT is
a Texas corporation formed for the purpose of providing
manufacturing technologies and processes that improve the
performance of aviation and aerospace components.  Advantage
Aviation Technologies II, LLC, was formed in September 2010.  AAT
II is a Texas limited liability company formed for the purpose of
manufacturing of and providing repair service to certain aircraft
parts and equipment.  AAT II is the operating company in terms of
revenue generation.  
AAT sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. N. D. Texas Case No. 16-30633) on Feb. 12, 2016.  On May
15, 2016, AAT II filed Chapter 11 petition (Bankr. N. D. Texas Case
No. 16-31973).  The cases are jointly administered under Case No.
16-30633).

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

Rakhee V. Patel, Esq., and Annmarie Chiarello, Esq., at Winstead PC
serve as the Debtors' bankruptcy counsel.


AFFINION GROUP: S&P Affirms 'CCC+' CCR & Revises Outlook to Neg.
----------------------------------------------------------------
S&P Global Ratings said that it affirmed its 'CCC+' corporate
credit rating on U.S.-based Affinion Group Holdings Inc.  S&P
revised the outlook to negative from stable.

At the same time, S&P affirmed its 'B' issue level ratings on the
first lien debt facilities.  The '1' recovery rating reflects S&P's
expectation for very high (90%-100%) recovery in the event of
payment default.

S&P also affirmed its 'CCC-' issue level ratings on the second-lien
and unsecured subordinated debt.  The '6' recovery rating reflects
S&P's expectation for negligible (0%-10%) recovery in the event of
payment default.

In addition, S&P affirmed its 'B-' issue-level rating on the senior
secured international notes.  The '2' recovery rating reflects
S&P's expectation of substantial (70%-90%) recovery in the event of
payment default.

The outlook revision to negative reflects S&P's view of the
heightened execution risk relating to refinancing debt maturities
in 2018, in particular the $775 million term loan maturing in April
2018.  S&P also expects that the company will likely pursue options
to refinance its capital structure, potentially including another
distressed exchange within the next 12 months, which S&P would view
as tantamount to default.

S&P's base-case assumption includes its expectation that Affinion
will continue to face challenging operating conditions.  With some
growth in its global loyalty, insurance, and customer engagement
businesses, combined with revenue declines in legacy membership
business, S&P believes the company is facing flat revenues in the
next 12 months.

S&P also expects leverage, in the absence of any equity injections
(which S&P views as unlikely) or distressed exchanges to remain
very high above 9x throughout 2017, which may impede any
refinancing transactions.   

S&P considers Affinion's liquidity to be less than adequate based
on these observations and estimates:

   -- An expectation that sources over uses could be less than
      1.2x over the next 12 months, when taking account of
      upcoming maturities.  This level offers scant protection
      against unexpected adverse developments.  S&P's view is that

      Affinion would be unable to absorb low-probability, high-
      impact events over the next 12 months without the need to
      refinance, given S&P's view of the unstainable capital
      structure.

Principal liquidity sources:

   -- Cash totaling $63 million as of Sept. 30, 2016;
   -- Cash flow from operations of about $50 million-$60 million
      over the next 12 months; and
   -- Undrawn $80 million revolver available for the next 10
      months before the facility matures.

Principal liquidity uses:

   -- Modest scheduled tem loan debt amortization of approximately

      $8 million;
   -- Estimated capital spending of about $35 million over the
      next 12 months;
   -- Modest working capital requirement; and
   -- Debt maturities including the currently undrawn $80 million
      revolver maturing in January 2018 and $775 million first-
      lien term loan maturing in April 2018.

Covenant analysis

The senior secured credit facility requires the company to comply
with a financial maintenance covenant with a maximum senior secured
debt to EBITDA ratio of 4.25x to 1x.  The company was in compliance
with its covenants as of Sept. 30, 2016, with a 2.75x ratio.  S&P
expects the company to maintain above 35% headroom over the next 12
months.

The negative rating outlook on Affinion Group Holdings Inc.
reflects execution risk relating to refinancing debt maturities in
2018 and a highly leveraged capital structure that S&P views as
unsustainable given the company's current cash flow generation
levels.

S&P could lower the rating if it believes the company is unable to
refinance its debt over the next few months.  S&P could also lower
the ratings if the company pursues a default on its debt payments,
breaches a maintenance covenant, or announces a distressed
exchange.

S&P could raise the rating if the company successfully executes a
refinancing of its capital structure, moderate its leverage, and
improves cash flows with an operational turnaround.  S&P believes
that an upgrade is unlikely over the next 12-24 months.

   -- S&P's simulated default scenario contemplates a default in
      2018 due to the company being unable to refinance its debt
      as it matures.

   -- Affinion Group Holdings Inc. is the borrower of the
      13.75%/14.5% payment in kind (PIK) toggle notes due in 2018.

      Affinion Group Inc. is the borrower of the first-lien term
      loan due in April 2018 and undrawn revolving facility due in

      January 2018, in addition to the second-lien term loan due
      in October 2018 and 7.875% unsecured notes due in December
      2018.  Affinion Investments is the borrower of the 13.5%
      senior subordinated notes due in August 2018, and Affinion
      International Holdings Ltd. is the borrower of the 7.5% PIK
      notes due in July 2018.

Simulated default assumptions

   -- EBITDA at emergence: $180 million
   -- EBITDA multiple: 5.5x
   -- Administrative claims: 5% of enterprise value

Simplified waterfall

   -- Net emergence value (after 5% admin claims): $940 million
   -- First-lien secured claims: $849 million
      --- Recovery expectations: 90%
   -- Second lien secured claims: $447 million
      --- Recovery expectations: 0%
   -- Senior unsecured note claims: $518 million
      --- Recovery expectations: 0%
   -- Affinion International unsecured notes: $125 million
      --- Recovery expectations 85% (we apply a rating cap for
          unsecured notes for issuers rated 'B' or lower, based on

          S&P's criteria)


ALASKA HARVEST: Seeks to Hire Behrends Carusone as Legal Counsel
----------------------------------------------------------------
Alaska Harvest Seafood LLC seeks approval from the U.S. Bankruptcy
Court for the District of Oregon to hire legal counsel.

The Debtor proposes to hire Behrends, Carusone and Covington to
give legal advice regarding its duties under the Bankruptcy Code,
and provide other legal services related to its Chapter 11 case.

The hourly rates charged by the firm are:

     Judson Carusone      $295
     Stephen Behrends     $325
     Kim Covington        $275
     Paralegal            $150

Judson Carusone, Esq., disclosed in a court filing that the firm
does not hold or represent any interest adverse to the Debtor's
bankruptcy estate.

The firm can be reached through:

     Judson M. Carusone, Esq.
     Behrends, Carusone & Covington
     Attorneys at Law, PC
     P.O. Box 10552
     Eugene, OR 97440
     Tel: (541) 344-7472
     Fax: (541) 344-6466
     Email: jcarusone@oregon-attorneys.com

                  About Alaska Harvest Seafood

Alaska Harvest Seafood LLC sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Ore. Case No. 17-30261) on January
30, 2017.  The petition was signed by Paul Cutler, authorized
representative.  

On February 1, 2017, the court ordered the transfer of the case to
the Eugene Office from the Portland Office.  The case was assigned
a new case number: 17−60288.  Judge David W. Hercher presides
over the case.

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


AMC PROPERTIES: Unsecureds to be Paid in Full Under Amended Plan
----------------------------------------------------------------
AMC Properties, LLC, filed with the U.S. Bankruptcy Court for the
District of Massachusetts an amended disclosure statement in
connection with its amended plan of reorganization, dated Feb. 16,
2016, a full-text copy of which is available at:  

          http://bankrupt.com/misc/mab16-12914-47.pdf

This latest plan now has three classes:

   * Class One consists of those secured claims of Santander in the
amount of $250,050, a creditor whose claims are secured by all
assets of the Debtor. Santander shall be paid equal monthly
payments of principal and interest only at 5% for 84 months
amortized over 25 years with a balloon payment due on the 84th
month.

   * Class Two consists of the unsecured claim of Lenders Trust in
the amount of $45,707.00. Lenders Trust will receive payment in
full upon confirmation.

   * Class Three consists of all Equity Interests of partners as
scheduled or as filed and allowed by the Court, of whatever kind or
nature which are not included in any other Class hereof.

The initial plan has no unsecured claimants.

Cash distributions will be made to Holders of Allowed
Administrative Claims and Class One arising from the cash flow of
the Debtor. The Debtor believes it has been conservative in its
financial projections and believes it can make the payments
required by the Amended Plan to the Holders of Class Two Allowed
Claims.

                     About AMC Properties

AMC Properties LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Mass. Case No. 16-12914) on July 28,
2016.  The petition was signed by Adrian T. Moylette, manager.
The
Debtor is represented by Norman Novinsky, Esq., at Novinsky &
Associates.  

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

The Debtor is a limited liability corporation based in Norwell,
Massachusetts, that buys, sells, leases, rents, owns, subdivides
and manages properties.  The Debtor's primary assets are the
buildings located at 803-805 Essex Street, and 188-66 Gale Street,
Lawrence, Massachusetts; and the income that is generated by the
operation of the buildings.


ANGIOSOMA INC: Unit Inks Placement Agreement with Boustead
----------------------------------------------------------
AngioSoma, Inc.'s wholly owned subsidiary, AngioSoma Research,
Inc., a Texas corporation, entered into a Placement Agent and
Advisory Services Agreement with Boustead Securities, LLC, a
California limited liability company, effective Feb. 21, 2017.

In connection with the Placement Agent and Advisory Services
Agreement, AngioSoma will issue 1,000,000 restricted shares of
common stock to Boustead Securities, LLC or its designees.

The shares will be issued without registration in reliance on the
exemption in Section 4(a)(2) of the Securities Act of 1933 and Rule
506(b) of Regulation D thereunder.  The Company believes the
exemption is available because of the substantial preexisting
relation with the parties and the offering was made solely and only
to the parties without any public offering or solicitation.

                     About Angiosoma Inc.

Angiosoma Inc., a Nevada corporation, was incorporated on September
16, 2010.  The Company was formed to design and manufacture both
panel and engineered/tooled custom vacuum formed instrument panels
and wiring harnesses, required for the monitoring of any final
product that utilizes a gas or diesel engine source.  The Company
is currently primarily an oil and gas exploration company.

As of June 30, 2016, Angiosoma had $3.25 million in total assets,
$713,110 in total liabilities and $2.53 million in total
stockholders' equity.

For the period from inception (April 29, 2016) through June 30,
2016, the Company had a net loss of $83,918 and negative cash flow
from operating activities of $12,001.  As of June 30, 2016, the
Company had negative working capital of $648,128.  Management does
not anticipate having positive cash flow from operations in the
near future.  These factors raise a substantial doubt about the
Company's ability to continue as a going concern, as disclosed in
the Company's quarterly report on Form 10-Q for the period ended
June 30, 2016.


AOXING PHARMACEUTICAL: Incurs $43,000 Net Loss in Dec. 31 Quarter
-----------------------------------------------------------------
Aoxing Pharmaceutical Co. Inc. filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing
a net loss attributable to shareholders of $43,453 on $8 million of
sales for the three months ended Dec. 31, 2016, compared to net
income attributable to shareholders of $2.06 million on $8.19
million of sales for the three months ended Dec. 31, 2015.

For the six months ended Dec. 31, 2016, the Company reported net
income attributable to shareholders of $302,627 on $15.57 million
of sales compared to net income attributable to shareholders of
$3.33 million on $16.94 million of sales for the same period a year
ago.

As of Dec. 31, 2016, Aoxing had $58.72 million in total assets,
$40.91 million in total liabilities and $17.80 million in total
equity.

The Company's cash balance as of Dec. 31, 2016, was $6,848,691,
compared to $6,912,100 as of June 30, 2016.  Operations during the
six month period ended Dec. 31, 2016, provided $222,874 in cash, as
compared to $714,855 cash used in operations during the six month
period ended Dec. 31, 2015.  Despite the decline in net income
year-over-year for the six months ended Dec. 31, 2016, cash flow
from operation for the six months ended Dec. 31, 2016, was better
than a year ago.  This incongruity occurred because the decline in
net income was almost entirely attributable to a $2,979,245 bad
debt write off that the Company recorded during the six months
ended Dec. 31, 2016.  Since, during that same period, the
$3,331,374 increase in accrued expenses and other current
liabilities, $1,200,053 increase in accounts payable, and the
$694,449 reduction in inventory served to offset most of the
$5,985,664 increase in accounts receivable, our operations for the
six months ended Dec. 31, 2016, yielded positive cash flow.  In
contrast, during the six months ended Dec. 31, 2015, the Company
used cash to significantly reduce its accounts payable and to
increase its inventory, which resulted in a net use of cash in
operations for the period.  During this reporting period, the
Company did not make any major investment.

During the six month period ended Dec. 31, 2016, the Company had no
financing activities, whereas during the six month period ended
Dec. 31, 2015, the Company completed a public offering of stock and
warrants for net proceeds of $2,739,000 and borrowed $1,362,643
from related parties, a portion of which we used to satisfy
$1,237,122 in bank loans and short-term debt.

The Company's working capital deficit on Dec. 31, 2016, was
$9,672,535, compared to $10,948,767 as of June 30, 2016.  The
improvement resulted primarily from a $5,985,664 increase in
accounts receivable, although the effect of that increase on our
balance sheets was partially offset by the $2,979,245 bad debt
expense that the Company recorded in the six months ended Dec. 31,
2016.  The increase in accounts receivable reflects the conversion
of its marketing program from a distributor network to direct sales
to hospitals, since accounts receivable from hospitals typically
take longer to collect than those from distributors.

The Company's negative working capital is primarily due to its
accumulated deficit, which the Company has been partially funded by
taking short-term bank loans.  The Company is able to operate with
negative net working capital because of loans from banks and
related parties that are rolled-over or refinanced as needed.  The
Company believes future positive operating cash flows, continued
support from related parties, and the ability to continue to roll
over short-term debt, taken together, provide adequate resources to
fund ongoing operations in the foreseeable future.  The Company may
also seek equity financing to replace both short-term and long-term
debts.  The Company believes that the market demand for its main
product will recover in the near term and the sales from several
new products in future years will produce substantial positive cash
flow.

Management of the Company believes that the Company's large
negative working capital will continue to improve during fiscal
year 2017.  Management expects the improvement to come from
improved operating results, by extending short term into longer
term loans, and by selling equity and converting debt to equity.
Management anticipates that these improvements will enable the
Company to reduce current high interest expenses and fund on-going
operations.  The management of the Company has taken a number of
actions and will continue to address this situation in order for
the Company to achieve a sound financial position going forward.

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

                    https://is.gd/uxQW1o

                        About Aoxing

Aoxing Pharmaceutical Company, Inc., has one operating
subsidiary, Hebei Aoxing Pharmaceutical Co., Inc., which is
organized under the laws of the People's Republic of China.
Since 2002, Hebei Aoxing has been engaged in developing narcotics
and pain management products.  In 2008 Hebei Aoxing supplemented
its product lines by acquiring Shijiazhuang Lerentang
Pharmaceutical Company, Ltd., a specialty pharmaceutical company
focusing on herbal pain related therapeutics.  The Company owns
95% of the equity in Hebei Aoxing.

Aoxing Pharmaceutical reported net income attributable to
shareholders of the Company of $5.49 million on $25.48 million of
sales for the year ended June 30, 2015, compared to a net loss
attributable to shareholders of the Company of $8.21 million on
$12.7 million of sales for the year ended June 30, 2014.


APOLLO ENDOSURGERY: Amends Code of Ethics to Conform with NASDAQ
----------------------------------------------------------------
The Board of Directors of Apollo Endosurgery, Inc. adopted an
Amended and Restated Code of Business Conduct and Ethics, which
applies to all officers, directors, employees and agents of the
Company.  The Amended Code replaced the Lpath Code of Business
Conduct and Ethics adopted in March 2012 and reflects, among other
matters, certain updates to conform the Amended Code to current
governance best practices and the NASDAQ Global Market governance
requirements.

The foregoing description of the Amended Code is qualified in its
entirety by reference to the full text of the Amended Code, a copy
of which is publicly available in the corporate governance section
of the Company's website at: www.apolloendo.com.

                    About Apollo Endosurgery

Apollo Endosurgery, Inc. -- http://www.apolloendo.com/-- is a
medical device company focused on less invasive therapies for the
treatment of obesity, a condition facing over 500 million people
globally, as well as other gastrointestinal disorders.  The
Company's device based therapies are an alternative to invasive
surgical procedures, thus lowering complication rates and reducing
total healthcare costs.  Apollo's products are offered in over 80
countries.

On Dec. 29, 2016, a wholly owned subsidiary of Lpath, Inc. merged
with and into Apollo Endosurgery, Inc. resulting in Original Apollo
becoming a wholly owned subsidiary of Lpath.  At the Effective
Time, Lpath effected a name change to "Apollo Endosurgery, Inc."
Each share of Original Apollo common stock (after adjusting for the
1-for-5.5 reverse split of common stock effected by the Issuer
immediately following consummation of the Merger) was exchanged for
0.31632739 shares of the Issuer's common stock at the Effective
Time of the Merger.

Lpath reported a net loss of $10.01 million on $1.59 million of
total revenues for the year ended Dec. 31, 2015, compared to a net
loss of $16.55 million on $5.08 million of total revenues for the
year ended Dec. 31, 2014.

As of Sept. 30, 2016, Lpath had $4.04 million in total assets,
$1.35 million in total liabilities and $2.69 million in total
stockholders' equity.

Moss Adams LLP, in San Diego, California, issued a "going concern"
qualification on Lpath's consolidated financial statements for the
year ended Dec. 31, 2015, citing that the Company's recurring
losses and negative operating cash flows raise substantial doubt
about the Company's ability to continue as a going concern.


ARCH COAL: S&P Assigns 'BB-' Rating on Proposed $250MM Term Loan
----------------------------------------------------------------
S&P Global Ratings assigned its 'BB-' issue-level rating to St.
Louis-based coal producer Arch Coal Inc.'s proposed $250 million
seven-year secured term loan.  S&P assigned the loan a '2' recovery
rating, which indicates its expectation for substantial (70%-90%;
rounded estimate 80%) recovery in the event of a payment default.
The corporate credit rating is unchanged at 'B+', and the outlook
is positive.

S&P expects that Arch will apply the proceeds, along with
additional balance-sheet cash, toward repaying about $326 million
outstanding under its current term loan due in 2021.

                          RECOVERY ANALYSIS

Key analytical factors

   -- In contrast to the billions of dollars of debt on the
      balance sheet when Arch filed for bankruptcy about a year
      ago, the proposed $250 million term loan would constitute
      the company's only funded debt instrument.  S&P understands
      the company is also seeking to put in a place a $175 million

      asset-based loan (ABL) facility, which it would use
      primarily for standby letters of credit relating to
      reclamation and workers' compensation obligations.

   -- Given the modest leverage and debt-service requirements
      associated with this capital structure, S&P believes it
      would take a sustained, severe drop in demand and pricing to

      trigger a default and push the company into another
      bankruptcy.

   -- Although in S&P's view the business would remain viable in
      the wake of a subsequent filing, S&P assumes the company's
      value as a going concern would be materially diminished and
      that lenders would be likely to sustain a loss, especially
      given the absence of junior debt in the proposed capital
      structure.

   -- In framing S&P's valuation assumption, it applied a negative

      15% operational adjustment.  Under S&P's analysis, the
      numerical outcome without this adjustment would overstate
      recovery prospects in the context of the proposed capital
      structure.

Simulated default assumptions:

   -- Year of default: 2021
   -- EBITDA at emergence*: $65 million
   -- Implied enterprise value multiple: 5x
   -- Gross enterprise value: $325 million

Simplified waterfall:

   -- Net enterprise value (after 5% administrative costs):
      $310 million
   -- Priority claims (ABL facility**): $105 million
      ----------
   -- Remaining enterprise value: $205 million
   -- Term loan exposure at default: $245 million
   -- Estimated recovery percentage: 80%

*Calculation of EBITDA at emergence: Preliminary emergence EBITDA =
$77 million (assumed interest and term loan amortization due in
default year: $22 million; minimum capex assumption: $55 million;
cyclicality adjustment: none).  Operational adjustment = negative
15% ($12 million). EBITDA at emergence = $65 million.

**ABL facility claim assumes 60% usage of $175 million commitment.

Note: All debt claim amounts include approximately six months of
accrued but unpaid interest outstanding at default.  Amounts have
been rounded.

RATINGS LIST

Arch Coal Inc.
Corporate credit rating        B+/Positive/--

New Rating

Arch Coal Inc.
$250M seven-year secured term loan
  Senior debt rating            BB-
   Recovery rating              2 (80%)


ARLINGTON APARTMENTS: Case Summary & 10 Unsecured Creditors
-----------------------------------------------------------
Debtor: Arlington Apartments of Jackson, LLC
        832 Custer Ave
        Evanston, IL 60202

Case No.: 17-00624

Chapter 11 Petition Date: February 22, 2017

Court: United States Bankruptcy Court
       Southern District of Mississippi
      (Jackson-3 Divisional Office)

Judge: Hon. Edward Ellington

Debtor's Counsel: John D. Moore, Esq.
                  JOHN D. MOORE, P.A.
                  301 Highland Park Cv, Ste B (39157)
                  P. O. Box 3344
                  Ridgeland, MS 39158-3344
                  Tel: 601 853-9131
                  Fax: 601-853-9139
                  E-mail: john@johndmoorepa.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Al Belmonte, manager.

A copy of the Debtor's list of 10 unsecured creditors is available
for free at http://bankrupt.com/misc/mssb17-00624.pdf


ATOPTECH INC: Court Nixes $1M Protection Plan for Draper's Bid
--------------------------------------------------------------
Jeff Montgomery, writing for Bankruptcy Law360, reports that the
Hon. Mary F. Walrath of the U.S. Bankruptcy Court for the District
of Delaware shot down ATopTech, Inc.'s $1 million protection plan
for a prospective buyer's $8 million stalking horse bid.  

According to Law360, Judge Walrath found the Debtor's 12.5% fee too
high for the "low-ball" offer.

Judge Walrath, Law360 relates, told the Debtor's attorneys that the
Debtor had a fiduciary duty to consider all of its creditors in
decisions on its Chapter 11 sale, including objections from
Synopsys Inc.

As reported by the Troubled Company Reporter on Feb. 20, 2017,
Andrew R. Vara, the Acting U.S. Trustee for Region 3, objected to
the Debtor's motion seeking approval of bidding procedures to sell
substantially all of its assets to Draper Athena for a purchase
price of $8 million, subject to certain adjustments.  The U.S.
Trustee said that the amount of the bid protections proposed by the
Debtor is excessive when measured against the purchase price, and
as admitted by the Debtor, exceeds the amounts typically approved
by Courts in this District.  The Debtor agreed to pay to the
Stalking Horse a Break-Up Fee of $400,000 and an Expense
Reimbursement of up to $600,000 in the event that the APA is
terminated, subject to the conditions set forth in the APA.
The requested Break-Up Fee totals approximately 5% of the $8
million purchase price.  Taken together, the Break-Up Fee and
Expense Reimbursement constitute approximately 12.5% of the
purchase price.  This amount is well in excess of the range that
Courts in this District have approved for bid protections.

                          About ATopTech

ATopTech, Inc. -- http://www.atoptech.com/-- is in the business   

of IC physical design.  ATopTech claims its technology offers the
fastest time to design closure focused on advanced technology
nodes.  The use of state-of-the-art multi-threading and
distributed processing technologies speeds up the design process,
resulting in unsurpassed project completion times.

ATopTech, Inc., sought Chapter 11 protection (Bankr. D. Del. Case
No. 17-10111(MFW)) on Jan. 13, 2017.  The petition was signed by
Claudia Chen, vice president, finance.  The case is assigned to
Judge Mary F. Walrath.

The Debtor estimated assets and liabilities in the range of $10
million to $50 million.

ATopTech has retained Dorsey & Whitney as bankruptcy counsel and
Cowen and Company as its investment banker.  Wilson Sonsini
Goodrich & Rosati, Professional Corporation, serves as corporate
and transactional counsel to ATopTech.  Grant Thornton serves as
tax counsel; and Arnold & Porter serves as litigation counsel.
Epiq Bankruptcy serves as claims and notice agent.


AUTHENTIDATE HOLDING: Will Amend Q3 2016 Quarterly Report
---------------------------------------------------------
The Audit Committee of the Board of Directors of Authentidate
Holding Corp. determined that the unaudited interim financial
statements included in the Company's quarterly report on Form 10-Q
for the fiscal quarter ending March 31, 2016, filed on Sept. 27,
2016, should no longer be relied upon and that the Company will be
required to restate its previously-filed interim financial
statements for the fiscal quarter ended March 31, 2016.  The Audit
Committee concluded that the unaudited interim financial statements
of the Company for the three-month and nine-month periods ended
March 31, 2016, contain material errors related to Company's
recognized revenue estimates.  The Company intends to provide
amended financial results for such periods as soon as practicable.

In recognizing revenue for its financial reports, the Company
estimates and records revenue at the time test results are
delivered, net of contractual allowances and adjustments.  The
revenue estimate employed for the quarter ended March 31, 2016, was
15.25% of total billings, based in large part on historical
actuals.  Beginning in calendar 2016, commercial and government
payors, who comprise the major source of collections for the
Company, focused on reducing payments to clinical laboratories by
imposing more stringent payment guidelines in their adjudication
processes.  The impact of these changes was a reduction in
revenues, thereby lowering actual collections.  Additionally,
effective January 2016, the Centers for Medicare and Medicaid
Services (CMS) reduced the unit reimbursement rate for many of the
tests typically performed by the Company, along with the number of
tests that CMS would reimburse.  Because Medicare and Medicaid
accounts for close to 50% of the Company's annual revenue, this
reduction in reimbursement rates had a substantial negative impact
on the Company's revenue.  Management has determined that for the
quarter ended March 31, 2016, the Company did not accurately
account for these changes, resulting in the Company overstating its
revenues and accounts receivable balance.  Following management's
review of these matters, the Company has determined that its
estimated collections rate for the quarter ended
March 31, 2016, should have been approximately 10.41%, resulting in
a decrease in revenues for the quarter of approximately
$2,113,000.

The following summarizes the estimated effects of the restatement:

   (1) total revenues for the third quarter of fiscal 2016 will
       decrease from $7,616,000 to $5,503,000 and total revenues
       for the nine-months ended March 31, 2016, will decrease
       from $30,214,000 to $28,101,000;

   (2) operating income for the third quarter of fiscal 2016 will
       decrease from $851,000 to a loss of $1,262,000 and
       operating income for the nine-months ended March 31, 2016,
       will be reduced from $9,912,000 to $7,799,000; and

   (3) the Company's accounts receivable balance at March 31,
       2016, will be reduced from $4,549,000, net, to $2,436,000,
       net, and retained earnings as of such date will decrease
       from $5,416,000 to $3,303,000.

The Company will file an amendment to its Quarterly Report on Form
10-Q for the fiscal quarter ended March 31, 201,6 to reflect the
restatement as soon as possible and thereafter intends to promptly
file its Annual Report on Form 10-K for the fiscal year ended June
30, 2016 and Quarterly Reports on Form 10-Q for the subsequent
fiscal quarters of fiscal 2017.

As previously reported in the Company's Quarterly Report on Form
10-Q for the fiscal quarter ended March 31, 2016, management had
determined that material weaknesses existed in the Company's
internal control over financial reporting at March 31, 2016.
Management has concluded that the errors in accounting for the
changes in the payor adjudication processes and the adjustment in
CMS reimbursement rates resulted from the material weaknesses in
the Company's internal control over financial reporting.  The
Company will augment its plan to remediate the material weaknesses
in its control structure to address the factors that resulted in
the restatement.  The Audit Committee and the Company's executive
management have discussed the matters described herein with the
Company's independent registered public accounting firm.

                      About Authentidate

Authentidate Holding Corp. and its subsidiaries provide secure
web-based revenue cycle management applications and telehealth
products and services that enable healthcare organizations to
increase revenues, improve productivity, reduce costs, coordinate
care for patients and enhance related administrative and clinical
workflows and compliance with regulatory requirements.  The
Company's web-based services are delivered as Software as a Service
(SaaS) to its customers interfacing seamlessly with billing,
information and document management systems.  These solutions
incorporate multiple features and security technologies such as
business-rules based electronic forms, intelligent routing,
transaction management, electronic signatures, identity
credentialing, content authentication, automated audit trails and
remote patient management capabilities.  Both web and fax-based
communications are integrated into automated, secure and trusted
workflow solutions.

Authentidate reported a net loss of $9.7 million on $3.68 million
of total revenues for the year ended June 30, 2015, compared to a
net loss of $7.14 million on $5.55 million of total revenues for
the year ended June 30, 2014.

As of March 31, 2016, Authentidate had $55.2 million in total
assets, $11.5 million in total liabilities and $43.7 million in
total shareholders' equity.

EisnerAmper LLP, in New York, issued a "going concern"
qualification on the consolidated financial statements for the year
ended June 30, 2015, citing that the Company's recurring losses
from operations and negative cash flows from operations raise
substantial doubt about its ability to continue as a going concern.


BASS PRO: Bank Debt Trades at 3% Off
------------------------------------
Participations in a syndicated loan under Bass Pro Group LLC is a
borrower traded in the secondary market at 96.63
cents-on-the-dollar during the week ended Friday, February 17,
2017, according to data compiled by LSTA/Thomson Reuters MTM
Pricing.  This represents a decrease of 0.27 percentage points from
the previous week.  Bass Pro pays 500 basis points above LIBOR to
borrow under the $2.97 billion facility. The bank loan matures on
Nov. 14, 2023 and carries Moody's B1 rating and Standard & Poor's
B+ rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended February 17.



BAY THREE: Hearing on Plan Outline Approval Set For March 29
------------------------------------------------------------
The Hon. Michael B. Kaplan of the U.S. Bankruptcy Court for the
District of New Jersey will hold on March 29, 2017, at 11:00 a.m. a
hearing to consider the adequacy of the disclosure statement filed
by Bay Three Ltd., Inc., referring to the Debtor's plan of
reorganization.

A notice of the hearing will be sent by the Clerk of the Bankruptcy
Court no later than 14 days prior to the hearing.

                         About Bay Three

Bay Three Ltd., Inc., sought Chapter 11 protection (Bankr. D. N.J.
Case No. 12-15866) on March 7, 2012.  Judge Michael B. Kaplan is
assigned to the case.  Timothy P. Neumann, Esq., at Broege,
Neumann, Fischer & Shaver serves as the Debtor's counsel.  The
Debtor estimated assets of $130,705 and $2,115,744 in debt.  The
petition was signed by Anthony Baiamonte, III, president.


BENCH AND BAR: Plan Confirmation Hearing on March 23
----------------------------------------------------
Judge Charles Novack of the U.S. Bankruptcy Court for the Northern
District of California conditionally approved Bench and Bar, Inc.'s
disclosure statement referring to its chapter 11 plan filed on Feb.
9, 2017.

March 16, 2017, is fixed as the last day for filing written
acceptances or rejections of the plan.

March 23, 2017, is fixed for the hearing on confirmation of the
plan, to be held at 10:00 a.m in Courtroom 215, located at 1300
Clay Street, Second Floor, Oakland, CA 94612.

March 16, 2017, is fixed as the last day for filing and serving
written objections to confirmation of the plan.

                    About Bench and Bar

Bench and Bar Inc. is a bar and night club whose assets are
primarily furniture, barware, sound equipment, liquor license,
business bank accounts and beverage inventory.  The Debtor sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D.
Cal. Case No. 16-41611) on June 11, 2016.


BERGEN PLAZA: Voluntary Chapter 11 Case Summary
-----------------------------------------------
Debtor: Bergen Plaza Fairview, LLC
        501-503 Fairview Avenue
        Fairview, NJ 07022

Case No.: 17-13370

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: February 22, 2017

Court: United States Bankruptcy Court
       District of New Jersey (Newark)

Judge: Hon. Stacey L. Meisel

Debtor's Counsel: Andrew J. Kelly, Esq.
                  THE KELLY FIRM, P.C.
                  Coast Capital Building
                  1011 Highway 71, St. 200
                  Spring Lake, NJ 07762
                  Tel: 732-449-0525
                  Fax: 732-449-0592
                  E-mail: akelly@kbtlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Aaron Taub, manager.

The Debtor did not file a list of its largest unsecured creditors
together with the petition.

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

            http://bankrupt.com/misc/njb17-13370.pdf


BGM PASADENA: Ch. 11 Trustee Taps Ballard Spahr as Legal Counsel
----------------------------------------------------------------
The Chapter 11 trustee for BGM Pasadena, LLC seeks approval from
the U.S. Bankruptcy Court for the Central District of California to
hire legal counsel.

Peter Mastan, the court-appointed trustee, proposes to hire Ballard
Spahr LLP to give legal advice regarding his duties under the
Bankruptcy Code, investigate the Debtor's financial affairs,
represent him in any potential sale of assets, assist in connection
with a bankruptcy plan, and provide other legal services.

The hourly rates charged by the firm are:

     Mikel Bistrow             $799
     Christopher Celentino     $795
     Peter Bowie               $650
     Dawn Messick              $520
     Caron Burke               $210
     Ashley Munyon             $135

Ballard Spahr does not hold or represent any interest adverse to
the Debtor's bankruptcy estate or to the trustee, according to
court filings.

The firm can be reached through:

     Ballard Spahr LLP
     Christopher Celentino, Esq.
     Mikel R. Bistrow, Esq.
     Peter W. Bowie, Esq.
     Dawn A. Messick, Esq.
     655 West Broadway, Suite 1600
     San Diego, CA 92101-8494
     Tel: 619-696-9200
     Fax: 619-696-9269
     Email: celentinoc@ballardspahr.com
     Email: bistrowm@ballardspahr.com
     Email: bowiep@ballardspahr.com
     Email: messickd@ballardspahr.com

                       About BGM Pasadena

BGM Pasadena, LLC, a single asset real estate, filed Chapter 11
bankruptcy petition (Bankr. C.D. Cal. Case No. 15-27833) on Nov.
20, 2015.  Greg Galletly, the manager, signed the petition. Judge
Richard M. Neiter has been assigned the case.

James A. Tiemstra, Esq., and Lisa Lenherr, Esq., at Tiemstra Law
Group PC, in Oakland, California, serve as counsel to the Debtor.

The Debtor estimated assets in the range of $10 million to $50
million and liabilities of at least $1 million.  

On January 23, 2017, the court approved the appointment of Peter J.
Mastan as Chapter 11 trustee for the Debtor.  Ballard Spahr LLP has
been tapped as counsel to the trustee. SLBiggs serves as the
trustee's accountant.


BIG APPLE: Taps Goldin Associates as Financial Advisor
------------------------------------------------------
The Big Apple Circus, Ltd. seeks approval from the U.S. Bankruptcy
Court for the Southern District of New York to hire a financial
advisor.

The Debtor proposes to hire Goldin Associates, LLC to provide these
services:

     (a) assist in the preparation of required financial
         disclosures;

     (b) assist in presentations to the board of directors of the
         Debtor and advise on a framework for evaluating financial

         aspects of any asset sale or transactions;

     (c) prepare financial analysis in connection with the
         Debtor's restructuring efforts;

     (d) meet with creditors and other stakeholders and assist
         in negotiations;

     (e) assist in the evaluation of post-petition cash
         requirements for the Debtor; and

     (f) assist in the development of a plan of liquidation,
         disclosure statement and other filings necessary to
         obtain approval and effectuate the plan.

Goldin Associates will provide the services on a pro bono basis.
The firm, however, may seek reimbursement for its work-related
expenses, according to court filings.

Robin Chiu, managing director of Goldin Associates, disclosed in a
court filing that the firm is a "disinterested person" as defined
in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Robin Chiu
     Goldin Associates, LLC
     350 Fifth Avenue
     The Empire State Building
     New York, NY 10118
     Tel: 212-593-2255
     Fax: 212-888-2841

                   About The Big Apple Circus

The Big Apple Circus, Ltd., filed a chapter 11 petition (Bankr.
S.D.N.Y. Case No. 16-13297) on Nov. 20, 2016.  The petition was
signed by Will Maitland Weiss, executive director.  The Debtor is
represented by Natasha M. Labovitz, Esq. and Christopher Updike,
Esq., at Debevoise & Plimpton LLP.  The Debtor estimated assets
And liabilities at $1 million to $10 million at the time of the
filing.

An official committee of unsecured creditors has been appointed in
the case, and is represented by Robert J. Feinstein, Esq., Maria
Bove, Esq., and Steven W. Golden, Esq., at Pachulski Stang Ziehl &
Jones LLP.


BILLINGSLEY PRECISION: Unsecureds to Recoup 20% Under Plan
----------------------------------------------------------
Billingsley Precision Machining, LLC, dba West Precision Machine
filed with the U.S. Bankruptcy Court for the Northern District of
Texas a disclosure statement describing its plan of reorganization,
dated Feb. 15, 2017, which provides for an estimated 20% recovery
for unsecured non-insider creditors.

Class 6 Claimants (Allowed Non-Insider Unsecured Claims) are
impaired and will be satisfied as follows: The Allowed Claims of
Non-Insider Unsecured Creditors will share pro-rata in the
Unsecured Creditor's Pool.  The Debtor will pay $500 per month for
a period of 60 months into the Unsecured Creditors Pool.  The
Unsecured Creditors will be paid quarterly on the last day of each
calender quarter.

Payments to the Unsecured Creditors will commence on the last day
of the first full calender quarter after the Effective Date.  Based
upon the Debtor's Schedules, the recovery to unsecured non-insider
creditors is estimated to be 20%.

Class 7 Claimants (Allowed Insider Unsecured Claims) are impaired.
This class will receive no payment under this Plan.

Payments to be made under the Plan will come from the continued
operations of the Debtor.  The Debtor has been attempting to
attract new business and currently believes the level of sales will
be sufficient to make the payments under the Plan.

The Disclosure Statement is available at:

    http://bankrupt.com/misc/txnb16-42788-11-36.pdf

               About Billingsley Precision

Billingsley Precision Machining dba West Precision Machine filed a
chapter 11 petition (Bankr. N.D. Tex. Case No. 16-42788) on July
22, 2016.  The petition was signed by David Billingsley, sole
member.  The Debtor is represented by Eric A. Liepins, Esq., at
Eric A. Liepins, P.C.  The case is assigned to Judge Russel F.
Nelms.  The Debtor disclosed total assets at $1.2 million and
total
liabilities at $847,102 at the time of the filing.


BIOSCRIP INC: Bank Debt Trades at 4% Off
----------------------------------------
Participations in a syndicated loan under Bioscrip, Inc. is a
borrower traded in the secondary market at 96.35
cents-on-the-dollar during the week ended Friday, February 17,
2017, according to data compiled by LSTA/Thomson Reuters MTM
Pricing.  This represents an increase of 0.25 percentage points
from the previous week.  Bioscrip, Inc. pays 525 basis points above
LIBOR to borrow under the $1.0 billion facility. The bank loan
matures on July 26, 2020 and carries Moody's Caa1 rating and
Standard & Poor's CCC+ rating.  The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended February
17.


BIOSERV CORP: Parent's Unsecured Claims to be Reduced to 30%
------------------------------------------------------------
Bioserv Corp. filed with the U.S. Bankruptcy Court for the Southern
District of California a second amended disclosure statement to the
Debtor's plan of reorganization dated Feb. 2, 2017.

Class 6 consists of all unsecured claims held by the Debtor's
parent as of Jan. 15, 2017, including any claims acquired by the
parent after the Petition Date.  The principal amount of these
claims will be reduced to 30% of the claims, for a total reduction
of 70%.  These claims will be paid as soon as possible provided
that the cash balance remaining after payment of these claims (the
cash balance to include the cash reserves) exceeds $500,000.  If
there is not sufficient cash, notes will be issued in lieu of cash.
Furthermore, Class 6 Claimants will be issued, in pro rata, 40% of
the Effective Date Shares.  These Effective Date Shares will be
issued no later than six months following the Effective Date.
Class 6 is impaired.

Class 7 consists of all equity interests in the Debtor or the
Petition Date.  All non-preferred, common Equity Interests are held
by Parent.  Equity Interests will receive the remaining sales
proceeds, if any, after allowed claims from Classes 1 through 6 are
paid.  The total percentage of Effective Date Shares owned by Class
7 will be reduced from 100% to 55%.  This reduction will occur in
unison with the issuance of Common Stock to Class 4 and Class 6
Claimants.  Class 7 is impaired.

On Dec. 29, 2016, the direction of court-appointed examiner Richard
Kipperman, substantially all of the Debtor's assets were sold to a
buyer, Sorrento BioServices, Inc., in exchange for approximately
$3.6 million in cash.

The Plan generally provides that the Reorganized Debtor will use
cash the Sales Proceeds to: pay fully the allowed Administrative
Expense Claims, Priority Tax Claims, Secured Claims, Unsecured
Claims, and subordinated insider claims, with Interest as
specified, on the Effective Date or upon the entry of a final court
order, whichever is later.  The Plan further provides that the
Debtor will issue Common Stock in Reorganized Debtor to general,
unsecured claimants from Class 4 and insider Claimants from Class
6.

The Debtor believes that the Sales Proceeds provide for sufficient
cash to implement the Plan.  There is sufficient cash to pay off
all allowed claims, even if the Court rules that the full amounts
alleged in the disputed claims are allowed claims.  The Plan
provides for the Examiner to hold Cash Reserves equal or greater to
100% of the disputed claims in a segregated account until the time
that the Court resolves and enters Final Orders for all disputed
claims.  

The Second Amended Disclosure Statement is available at:

          http://bankrupt.com/misc/casb14-08651-519.pdf

As reported by the Troubled Company Reporter on Feb. 20, 2017, the
Debtor filed a plan that proposed that unsecured creditors be paid
in full.  Under that restructuring plan, Class 4 unsecured
creditors would receive full payment in cash, plus accrued interest
on the effective date of the plan.

                       About Bioserv Corp.

Headquartered in San Diego, California, Bioserv Corporation filed
for Chapter 11 bankruptcy protection (Bankr. S.D. Calif. Case No.
14-08651) on Oct. 31, 2014, estimating its assets at between
$500,000 and $1 million and its liabilities at between$1 million
and $10 million.  The petition was signed by Albert Hansen, CEO.

Judge Margaret M. Mann presides over the case.

Benjamin Carson, Esq., at Benjamin Carson Law Office serves as the
Debtor's bankruptcy counsel.

On Nov. 3, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.


BIOSTAGE INC: Empery Asset Reports 6.74% Equity Stake
-----------------------------------------------------
Empery Asset Management, LP, Ryan M. Lane and Martin D. Hoe
disclosed in a Schedule 13G filed with the Securities and Exchange
Commission that as of Feb. 9, 2017, they beneficially own 2,500,000
shares of common stock and 2,972,814 shares of common stock
issuable upon exercise of Warrants representing 6.74 percent of
Biostage, Inc. shares outstanding.

Pursuant to the terms of the Reported Warrants, the Reporting
Persons cannot exercise the Reported Warrants to the extent the
Reporting Persons would beneficially own, after any such exercise,
more than 4.99% of the outstanding shares of Common Stock, and the
percentage for each Reporting Person gives effect to the Blockers.
Consequently, as of Feb. 9, 2017, the Reporting Persons were not
able to exercise any of the Reported Warrants due to the Blockers.

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

                      https://is.gd/fg3Unt

                         About Biostage

Biostage, Inc., formerly Harvard Apparatus Regenerative Technology,
Inc., is a biotechnology company engaged in developing
bioengineered organ implants based on its Cellframe technology.  

Harvard Apparatus reported a net loss of $11.7 million for the year
ended Dec. 31, 2015, compared to a net loss of $11.06 million for
the year ended Dec. 31, 2014.

As of Sept. 30, 2016, Biostage had $7.19 million in total assets,
$2.41 million in total liabilities and $4.78 million in total
stockholders' equity.

KPMG LLP, in Boston, Massachusetts, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company has suffered recurring
losses from operations and will require additional financing to
fund future operations which raise substantial doubt about its
ability to continue as a going concern.


BMB MUNAI: Reports $99.5K Net Loss for Third Quarter
----------------------------------------------------
BMB Munai, Inc. filed with the Securities and Exchange Commission
its quarterly report on Form 10-Q disclosing a net loss of $99,468
on $0 of revenues for the three months ended Dec. 31, 2016,
compared to a net loss of $104,908 on $0 of revenues for the three
months ended Dec. 31, 2015.

For the nine months ended Dec. 31, 2016, the Company reported a net
loss of $435,228 on $0 of revenues compared to a net loss of
$389,233 on $0 of revenues for the nine months ended Dec. 31,
2015.

As of Dec. 31, 2016, BMB Munai had $8.55 million in total assets,
$8.68 million in total liabilities, all current, and a total
shareholders' deficit of $130,073.

The Company's principal source of liquidity during the nine months
ended Dec. 31, 2016, was principally capital contributions from
Timur Turlov.  As of Dec. 31, 2016, the Company had cash and cash
equivalents of $13,586, compared to cash and cash equivalents of
$99,678, at March 31, 2016.  At Dec. 31, 2016, the Company had
total current assets (less restricted cash) of $14,521, and total
current liabilities (less deferred distribution payment) of
$147,517, resulting in a working capital deficit of $132,996.

"Our ability to continue as a going concern is dependent upon,
among other things, our ability to generate revenues.  We are
currently generating net losses and we do not anticipate generating
revenue until (i) the closing conditions necessary to complete the
acquisitions of some or all of the Freedom Companies are satisfied
and the acquisitions are completed, (ii) FFIN determines to pursue
FINRA membership and successfully satisfies the regulatory
requirements to operate as a securities broker-dealer in the United
States and commences business operations, or (iii) we elect to and
are successful in pursuing other business opportunities.  We cannot
assure that the closing conditions necessary to complete the
acquisitions of some or all of the Freedom Companies will be
satisfied and the acquisitions completed, that FFIN will elect to
pursue and be successful in satisfying the regulatory requirements
to commence operations as a securities broker-dealer in the United
States, or that we will elect to pursue or be successful in
pursuing some other business opportunity.

"If our existing cash assets are insufficient to satisfy our
expenses as we continue our efforts, we may need to seek additional
funding.  For the nine months ended December 31, 2016, Mr. Turlov
had provided capital contributions to us totaling $200,000, and in
January 2017, Mr. Turlov provided us an additional capital
contribution of $70,000.  Mr. Turlov is under no obligation to
provide additional funding to us, and we currently have no
guarantee additional funding will be available to us, or if it is,
that such funding will be available to us on acceptable terms.
Uncertainty as to the outcome of these factors raises substantial
doubt about our ability to continue as a going concern," the
Company said in the filing.

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

                     https://is.gd/nwQ6Yr

                       About BMB Munai

BMB Munai, Inc., is engaged in oil and natural gas exploration and
production through Emir Oil LLP, which was sold to a third party
entity in 2011.  The Company has been focused on satisfying its
post-closing undertakings in connection with the sale of Emir Oil,
winding down its operations in Kazakhstan and exploring oil and
gas opportunities.

WSRP, LLC, in Salt Lake City, Utah, issued a "going concern"
qualification on the consolidated financial statements for the year
ended March 31, 2016, citing that the ability of the Company to
continue as a going concern is dependent upon, among other things,
its ability to generate revenues.  Uncertainty as to the outcome of
these factors raises substantial doubt about the Company's ability
to continue as a going concern, it said.


BOEGEL FARMS: Voluntary Chapter 11 Case Summary
-----------------------------------------------
Debtor: Boegel Farms, LLC
        PO Box 273
        Lakin, KS 67860

Case No.: 17-10222

Chapter 11 Petition Date: February 23, 2017

Court: United States Bankruptcy Court
       District of Kansas (Wichita)

Judge: Hon. Robert E. Nugent

Debtor's Counsel: David P Eron, Esq.
                  ERON LAW, P.A.
                  229 E. William, Suite 100
                  Wichita, KS 67202
                  Tel: 316-262-5500
                  Fax: 316-262-5559
                  E-mail: david@eronlaw.net

Estimated Assets: $10 million to $50 million

Estimated Debts: $10 million to $50 million

The petition was signed by Jack Boegel, 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/ksb17-10222.pdf


BON-TON STORES: Brigade Capital Has 14.6% Stake as of Dec. 31
-------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, Brigade Capital Management, LP and Brigade Capital
Management GP, LLC disclosed that as of Dec. 31, 2016, they
beneficially own 2,723,356 shares of common stock of The Bon-Ton
Stores, Inc., representing 14.61 percent of the shares outstanding.
Brigade Leveraged Capital Structures Fund Ltd. reported ownership
of 2,118,356 common shares while Donald E. Morgan, III reported
ownership of 2,723,356 common shares.  A full-text copy of the
regulatory filing is available at:

                      https://is.gd/K30713

                      About Bon-Ton Stores

The Bon-Ton Stores, Inc., with corporate headquarters in York,
Pennsylvania and Milwaukee, Wisconsin, operates 270 stores, which
includes nine furniture galleries and four clearance centers, in
26 states in the Northeast, Midwest and upper Great Plains under
the Bon-Ton, Bergner's, Boston Store, Carson's, Elder-Beerman,
Herberger's and Younkers nameplates.  The stores offer a broad
assortment of national and private brand fashion apparel and
accessories for women, men and children, as well as cosmetics and
home furnishings.  For further information, please visit the
investor relations section of the Company's Web site at
http://investors.bonton.com.                

Bon-Ton Stores reported a net loss of $57.05 million on $2.71
billion of net sales for the fiscal year ended Jan. 30, 2016,
compared to a net loss of $6.97 million on $2.75 billion of net
sales for the fiscal year ended Jan. 31, 2015.

As of Oct. 29, 2016, Bon-Ton Stores had $1.73 billion in total
assets, $1.80 billion in total liabilities and a total
shareholders' deficit of $68.64 million.

                          *     *     *

As reported in the TCR on Dec. 4, 2015, Moody's Investors Service
downgraded Bon-Ton Stores's Corporate Family Rating to 'Caa1' from
'B3'.  The company's Speculative Grade Liquidity rating was
affirmed at SGL-2.  The rating outlook is stable.  The downgrade
considers the continuing and persistent negative pressure on
Bon-Ton's revenue and EBITDA margins which has been accelerating
during the course of fiscal 2015.

As reported by the TCR on Aug. 22, 2016, S&P Global Ratings raised
its corporate credit rating on Bon-Ton Stores to 'CCC+' from 'CCC'.
The outlook remains negative.  "The upgrade reflects our view of
Bon-Ton's somewhat improved liquidity after refinancing its A-1 ABL
term loan tranche with an extended maturity to March 2021 and
enhanced liquidity from the additional $50 million in borrowing
capacity to address upcoming debt maturity in 2017.


CAESARS ENTERTAINMENT: Enters Into Committed Financing Agreements
-----------------------------------------------------------------
Caesars Entertainment Operating Company, Inc., has entered into
committed financing agreements for proposed new senior secured
credit facilities, comprising up to $1.235 billion in the aggregate
principal amount of a seven-year senior secured term loan facility
and up to $200 million in the aggregate principal amount of a
five-year senior secured revolving credit facility.

Credit Suisse will serve as sole administrative agent and Credit
Suisse and Deutsche Bank Securities Inc. will serve as joint lead
arrangers for the Senior Facilities.

The proceeds from the Term Facility will be used to finance
transactions in accordance with the Debtors' plan of
reorganization, including to repay existing indebtedness and to pay
related fees and expenses.

The closing of the Senior Facilities is subject to the negotiation
and execution of definitive documentation, receipt of regulatory
approvals and satisfaction of customary closing conditions.

The receipt of this financing commitment is an important milestone
toward the resolution of CEOC's restructuring.  CEOC's plan of
reorganization was confirmed by the Bankruptcy Court in January
2017.  Caesars Entertainment Corporation and Caesars Acquisition
Company separately announced on Feb. 21 that they have amended the
terms of their previously announced merger, another important
milestone in the restructuring process.

Caesars Entertainment and Caesars Acquisition entered into an
amended and restated agreement and plan of merger in July 2016.
The Merger Agreement contemplated that the parties would negotiate
any necessary adjustments to the merger exchange ratio.  That
negotiation led to the amendment, which is a milestone on the path
to launching the New Caesars and completing CEOC's court-supervised
restructuring process.  The New Caesars will result from the
combination of Caesars Entertainment and Caesars Acquisition.  

The amended terms of the merger, as set forth in an amendment to
the Merger Agreement, will be disclosed in Form 8-Ks by Caesars
Entertainment and Caesars Acquisition, respectively.  Under the
terms of the Merger Agreement, as amended, Caesars Acquisition
stockholders will receive 1.625 shares of Caesars Entertainment for
each Caesars Acquisition share they own, subject to anti-dilution
adjustments in certain circumstances set forth in the Merger
Agreement, as amended.  Closing of the merger is subject to
regulatory and stockholder approval, receipt of certain tax
opinions and other customary closing conditions.

The merger terms were negotiated by special committees of the
boards of Caesars Entertainment and Caesars Acquisition.  The
committees are comprised of independent directors of each board.

Centerview Partners served as the exclusive financial advisor to
the special committee of Caesars Entertainment and Reed Smith LLP
served as the committee's legal counsel.  Moelis & Company LLC
served as the exclusive financial advisor to the special committee
of Caesars Acquisition and Skadden, Arps, Slate, Meagher & Flom LLP
served as the committee's legal counsel.

                    About Caesars Entertainment

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

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

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

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

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

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

The U.S. Trustee has appointed an official committee of second
priority noteholders and an official unsecured creditors'
committee.

The U.S. Trustee appointed Richard S. Davis as Chapter 11 examiner.
The examiner retained Winston & Strawn LLP, as his counsel;
Alvarez & Marsal Global Forensic and Dispute Services, LLC, as
financial advisor; and Luskin, Stern & Eisler LLP, as special
conflicts counsel.

                         *     *     *

On Jan. 17, 2017, the U.S. Bankruptcy Court for the Northern
District of Illinois confirmed the Third Amended Joint Plan of
Reorganization of Caesars Entertainment Operating Company, Inc. and
its affiliated debtors.


CANADIAN SOLAR: Moody's Withdraws Ba2 Corporate Family Rating
-------------------------------------------------------------
Moody's Investors Service has withdrawn Canadian Solar Inc.'s Ba2
corporate family rating with a negative outlook.

RATINGS RATIONALE

Moody's has withdrawn the rating for its own business reasons.

Headquartered in Ontario, Canadian Solar Inc. is a leading
vertically integrated provider of solar power products and system
solutions and operations, with operations mainly in the US, Canada,
Japan, China, the UK and Southeast Asia. It was incorporated in
2001 and listed on NASDAQ in 2006.



CAPSTONE PEDIATRICS: Unsecureds to Get Paid in Full Over 15 Yrs.
----------------------------------------------------------------
Capstone Pediatrics, PLLC, filed with the U.S. Bankruptcy Court for
the Middle District of Tennessee a disclosure statement filed on
Feb. 20, 2017, to accompany the Debtor's plan of reorganization.

Unsecured Claims scheduled by the Debtor or for which proofs of
Claim were filed and that remain unpaid, and which the Debtor does
not dispute or otherwise assert are subject to an offset, total
approximately $3,405,308.08.

Class 7 consists of all Allowed Unsecured Claims against Debtor,
other than those Claims in Classes 5, 6, or 8.  The claims in this
class total $2,517,899.29.  This class is impaired under the Plan.

Starting on the first business day of the first full calendar month
that is one year after the effective date, the Debtor will make
equal monthly amortized payments of principal and interest
sufficient to pay the allowed Class 7 - General Unsecured Claims in
full over a period of 15 years.  The principal balance of Allowed
Class 7 Claims will bear interest from the Effective Date at a rate
of 3.5% per annum.  The balance of the Class 7 Claims will be due
and payable on the 10th anniversary of the Effective Date.  Upon
entry of a final court order creating an allowed claim from a
contested claim, the Class 7 claimants will be paid promptly the
total amount of installment payments that would have been due on
their claims if they had been allowed as of the Effective Date.

Class 8 consists of all Allowed Unsecured Claims against Debtor,
which Claims are less than $1,000 in amount.  The claims in this
class total $23,299.79.  This class is impaired under the Plan.
The Effective Date of the Debtor's Plan will be the later of: (1)
the first day of the first month after a final order from the Court
resolving Debtor's objection to the Class 5 Claims held by Dr.
Edward Hamilton and his affiliated entities; or (2) April 1, 2018.

Cash generated from Debtor's continued operations, together with
anticipated cost savings from reduced rents, lower provider
overhead, and a negotiated reduced minimum billing amount for
Athenahealth will enable Debtor to generate sufficient cash flow to
make all payments due under the Plan.  The Debtor anticipates that
its current payer mix will remain consistent, as has been the case
for 2015 and 2016, with some increase in TennCare patient activity
due to quality outreach efforts with this population.  The Debtor
expects that its addition of Adult Care and Weight Loss services,
along with its exclusive hospitalist partnerships will generate
additional revenues.  The Debtor also estimates that it will have
additional funds from its designation as a PCMH and from annual
payer quality bonuses.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/tnmb15-09031-66.pdf

                     About Capstone Pediatrics

Capstone Pediatrics, PLLC, aka Centennial Pediatrics, is a
physician-owned pediatric practice headquartered in Nashville,
Tennessee.  The Company was formerly known as Centennial
Pediatrics.  It was acquired by Dr. Gary Griffieth and his sister,
Winnie Toler, in late 2013 from Dr. Edward Hamilton, who was
convicted on a misdemeanor fraud.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. M.D.
Tenn. Case No. 15-09031) on Dec. 18, 2015, estimating its assets at
between $1 million and $10 million and liabilities at between $10
million and $50 million.  The petition was signed by Gary G.
Griffieth, chief executive officer.  Judge Randal S Mashburn
presides over the case.  Griffin S Dunham, Esq., at Emerge Law PLC
serves as the Debtor's bankruptcy counsel.


CARVER BANCORP: Incurs $1.15 Million Net Loss in Third Quarter
--------------------------------------------------------------
Carver Bancorp, Inc. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $1.15 million on $6.10 million of total interest income for the
three months ended Dec. 31, 2016, compared to net income of
$570,000 on $7 million of total interest income for the three
months ended Dec. 31, 2015.

For the nine months ended Dec. 31, 2016, the Company reported a net
loss of $1 million on $19.29 million of total interest income
compared to net income of $859,000 on $19.94 million of total
interest income for the nine months ended Dec. 31, 2015.

As of Dec. 31, 2016, Carver had $698.9 million in total assets,
$647.5 million in total liabilities and $51.42 million in total
equity.

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

                    https://is.gd/M0RUb6

                  About Carver Bancorp, Inc.

Carver Bancorp, Inc., -- http://www.carverbank.com/--
(Nasdaq:CARV) Carver Bancorp, Inc. is the holding company for
Carver Federal Savings Bank (Carver Federal or the Bank), a
federally chartered savings bank.  The Company conducts business as
a unitary savings and loan holding company, and the business of the
Company consists of the operation of its wholly owned subsidiary,
Carver Federal. Carver Federal serves African-American communities
whose residents, businesses and institutions had limited access to
mainstream financial services.  It provides deposit products, such
as demand, savings and time deposits for consumers, businesses, and
governmental and quasi-governmental agencies in its market area
within New York City.

Carver Bancorp reported a net loss attributable to the Company of
$170,000 for the year ended March 31, 2016, following a net loss
attributable to the Company of $272,000 for the year ended
March 31, 2015.

KPMG LLP, in New York, issued a "going concern" qualification on
the consolidated financial statements for the year ended March 31,
2016, citing that the Company has deferred interest payments on its
junior subordinated debentures through March 31, 2016.  Under the
terms of the debentures, the Company may defer payments for up to
twenty consecutive quarters without creating an event of default.
Payment for the twentieth quarterly interest deferral period is due
in September 2016 and is subject to approval by the Company's
banking regulator.  The auditors said the ability of the Company to
meet its debt service obligations raises substantial doubt about
its ability to continue as a going concern.


CASA RANCHERO: Seeks to Hire Goe & Forsythe as Legal Counsel
------------------------------------------------------------
Casa Ranchero, Inc. seeks approval from the U.S. Bankruptcy Court
for the Central District of California to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire Goe & Forsythe, LLP to give legal
advice regarding its duties under the Bankruptcy Code, conduct
examinations of claimants or witnesses, assist in the preparation
of a bankruptcy plan, and provide other legal services.

The hourly rates charged by the firm are:

     Robert Goe         $395
     Marc Forsythe      $395
     Donald Reid        $315
     Charity Miller     $295
     Kerry Murphy       $140

Robert P. Goe, Esq., disclosed in a court filing that his firm is a
"disinterested person" as defined under section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Robert P. Goe, Esq.
     Charity J. Miller, Esq.
     Goe & Forsythe, LLP
     18101 Von Karman Avenue, Suite 1200
     Irvine, CA 92612
     Tel: (949) 798-2460
     Fax: (949) 955-9437
     Email: rgoe@goeforlaw.com
     Email: rgoe@goeforlaw.com
     Email: cmiller@goeforlaw.com

                    About Casa Ranchero Inc.

Casa Ranchero, Inc., dba Casa Ranchero Mexican Cantina, sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. C.D.
Calif. Case No. 17-10554) on February 15, 2017.  The case is
assigned to Judge Theodor Albert.

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


CBS RADIO: Moody's Assigns Ba3 Rating to New $500MM Term Loan B-1
-----------------------------------------------------------------
Moody's Investors Service assigned CBS Radio Inc.'s proposed $500
million term loan B-1 a Ba3 rating and affirmed the B1 corporate
family rating (CFR). The existing revolver and term loan ratings
were affirmed at Ba3 and the senior notes were affirmed at B3. The
outlook remains stable.

The proceeds of the proposed term loan will be used to repay the
existing term loan and redeem preferred stock at Entercom
Communications Corp. (Entercom) upon completion of the merger
between CBS Radio and Entercom that was announced on February 2,
2017. The transaction is expected to close in the second half of
2017 with Entercom being the surviving entity. CBS shareholders are
expected to own 72% of the combined entity with Entercom
shareholders owning a 28% position. The existing debt at CBS Radio,
including $960 million of term loan B and $400 million of senior
notes are expected to remain outstanding as the change of control
provision was not triggered by the transaction. The debt will be
issued at CBS Radio and be secured by CBS Radio and Entercom's
assets. Shortly after the closing of the transaction, Moody's will
withdraw all the ratings at CBS Radio and assign the debt ratings
to the surviving entity, Entercom (B1 CFR; stable).

The merger will create a substantially larger company with
pro-forma LTM revenue of $1.7 billion as of Q3 2016 with 243
stations (prior to required divestitures) in 23 of the top 25
markets with a moderately leveraged balance sheet of approximately
4.1x (including Moody's standard adjustments) as of Q3 2016. The
greater scale of the combined company is expected to increase its
competitive position and heighten demand from local and national
advertisers. As part of the transaction, the combined company is
anticipated to be required to divest approximately 14 FM stations.
While Entercom's management team has a good track record of
performance and integrating acquisitions, the merger with a much
larger company elevates integration risk which may delay cost and
revenue benefits of the transaction.

CBS Radio Inc.

New $500 million term loan B-1 due 2023, assigned Ba3 (LGD3)

Corporate Family Rating B1 affirmed

Probability of Default Rating affirmed B1-PD

Existing $250 million revolver due 2021 affirmed at Ba3 (LGD3)

Existing term loan B due 2023 affirmed at Ba3 (LGD3)

Existing senior notes due 2024 affirmed at B3 (LGD changed to LGD6
from LGD5)

SGL-2 affirmed

Outlook: remains stable

The assigned ratings are subject to review of final documentation
and no material change in the terms and conditions of the
transaction as provided to Moody's.

RATINGS RATIONALE

CBS Radio's B1 CFR reflects the company's position as the second
largest radio broadcaster in the US and its announced acquisition
with Entercom. The combined company will have leading market
positions in 23 of the top 25 markets. The company benefits from a
geographically diversified footprint with strong market clusters in
most of the areas it operates which enhances its competitive
position. A diversified format offering of music, news, and sports
are also positives to the rating. Leverage pro-forma for the
transaction is approximately 4.1x as of Q3 2016 (including Moody's
standard lease adjustments) with modest amounts of capital
expenditures which are expected to lead to good free cash flow. The
rating also reflects the secular pressure in the radio industry
with an increasing number of digital music offerings and
advertising alternatives as well as the cyclicality of the
industry. Revenue and EBITDA performance at CBS Radio was weak in
2015, but performance has improved following a change in management
with revenue down only slightly YTD as of Q3 2016.

Liquidity is expected to be good as reflected in Moody's
speculatives grade liquidity rating of SGL-2. The company will
benefit from a $250 million revolver due in 2021.The revolver is
subject to a net secured leverage ratio of 4x (up to 4.5x one year
after permitted acquisitions) as calculated by the credit
agreement. The term loan is covenant lite.

The outlook is stable and reflects Moody's expectations for flat to
slightly negative growth through 2017 following an election year.
Free cash flow after projected dividends are expected to be used
for debt repayment which should support modest deleveraging over
the rating horizon.

An upgrade in the rating is not expected prior to the transaction
closing. However, the rating could be upgraded if leverage declined
below 3.75x (including Moody's standard adjustments) following a
successful integration with a good liquidity profile and a high
single digit percentage of free cash flow to debt ratio. Positive
revenue growth and stable EBITDA margins would also be required in
addition to confidence that management would maintain financial
policies (including dividends, share repurchases, and acquisitions)
that were consistent with a higher rating level.

The rating could be downgraded if leverage increased above 5.25x
due to underperformance, audience and advertising revenue migration
to competing media platforms, or other leveraging events. A
reduction in free cash flow to debt ratio (after dividends) well
below 5% or a weakened liquidity profile could also lead to
negative rating pressure.

The principal methodology used in these ratings was Global
Broadcast and Advertising Related Industries published in May
2012.

CBS Radio Inc. is currently an operating subsidiary of CBS
Corporation. In February, 2017 CBS Radio entered into a merger
agreement with Entercom Communications Corp. The company is the
second largest radio operator in the US based on revenue and
currently operates in 26 radio markets and 19 of the top 25 markets
prior to the merger. Standalone LTM revenue as of Q3 2016 is
approximately $1.2 billion.


CBS RADIO: S&P Rates $500MM Incremental Term B-1 Loan 'BB-'
-----------------------------------------------------------
S&P Global Ratings assigned its 'BB-' issue-level rating and '2'
recovery rating to New York, N.Y.-based radio broadcaster CBS Radio
Inc.'s $500 million senior secured incremental term B-1 loan due
2023.  The issue-level rating is on CreditWatch with positive
implications.  The '2' recovery rating indicates S&P's expectation
for substantial recovery (70%-90%; rounded estimate 85%) of
principal in the event of a default.

The CreditWatch placement reflects S&P's expectation that the
pending merger with Entercom Communications Corp. will slightly
improve CBS Radio Inc.'s scale, diversity, and pro forma leverage.
S&P expects the company will use proceeds to repay Entercom's debt
and that the combined company's pro forma leverage will be about
4x-- S&P's upgrade threshold for the 'B+' corporate credit rating.
The combined entity will have 243 stations in 46 markets (prior to
any required station divestitures), including 23 of the top 25
markets; and about $1.7 billion in revenue, making it the second
largest radio station operator in the U.S. on a revenue basis.

S&P will resolve the CreditWatch placement after the merger closes,
which it expects to occur in the second half of 2017. Assuming the
transaction closes as planned and the combined company's operating
performance remains relatively stable, S&P will likely raise the
corporate credit rating on the combined company to 'BB-'.  If the
transaction doesn't close, S&P would likely affirm its 'B+'
corporate credit rating on CBS Radio.

RATINGS LIST

CBS Radio Inc.
Corporate Credit Rating                B+/Watch Pos/--

New Rating
CBS Radio Inc.

Incremental term B-1 loan               BB-/Watch Pos
   Recovery Rating                      2 (85%)


CIRCULATORY CENTERS: Bankruptcy Court to Remand Fifth Third's Suit
------------------------------------------------------------------
The case captioned FIFTH THIRD BANK, an Ohio banking corporation,
Plaintiff, v. CIRCULATORY CENTERS OF AMERICA, LLC, et al.,
Defendants, Adv. No. 17-02016 (W.D. Pa.), case presents the
question of whether the U.S. Bankruptcy Court for the Western
District of Pennsylvania should abstain or remand a recently
removed action from the state court.

Fifth Third Bank obtained a judgment by confession against eight
affiliated defendants in the Court of Common Pleas of Allegheny
County, Pennsylvania.  The Defendants sought to open the confessed
judgment, but before the State Court could entertain argument on
the matter, one of the defendants, The Circulatory Center of West
Virginia, Inc., filed a voluntary petition for relief under chapter
11 of title 11 of the United States Code.  CC-West Virginia
immediately removed the action to the Bankruptcy Court, and Fifth
Third now requests that the Court either abstain from the matter
and/or remand it back to the State Court.

In a memorandum opinion entered on Feb. 8, 2017, which is available
at https://is.gd/W8BWvn from Leagle.com, the Hon. Gregory L.
Taddonio of the U.S. Bankruptcy Court for the Western District of
Pennsylvania said Fifth Third's request is well founded and an
Order remanding the proceeding back to the State Court will issue.

Judge Taddonio said the Debtor's bankruptcy case was dismissed on
Jan. 5, 2017, because the Debtor failed to timely file its
bankruptcy schedules.  The Debtor has not challenged this result.
However, Fifth Third seeks reconsideration of the dismissal order
on the basis that the Bankruptcy Court should either convert the
case to Chapter 7 or impose a 180-day bar against any future
filings.

Judge Taddonio will also issue an order remanding a proceeding back
to the State Court.  

Through its emergency motion, Fifth Third seeks a court order
whereby the Bankruptcy Court abstains and remands the current
dispute back to the State Court for disposition.  Circulatory
Center of West Virginia, Inc., filed a response in opposition to
the request.  After considering the arguments of counsel at a
hearing held on Jan. 27, 2017, this matter is ripe for
adjudication.

Fifth Third obtained a judgment by confession against eight
affiliated defendants in the Court of Common Pleas of Allegheny
County, Pennsylvania.  The Defendants sought to open the confessed
judgment, but before the State Court could entertain argument on
the matter, one of the defendants, CC-West Virginia, filed for
Chapter 11 bankruptcy protection.  CC-West Virginia immediately
removed the action to Bankruptcy Court, and Fifth Third has
requested that the Court either abstain from the matter or remand
it back to the State Court.

On July 11, 2016, Fifth Third confessed judgment in the amount of
$3,379,708.46 against each of the Defendants by filing a Complaint
in Confession of Judgment in the State Court.  The Defendants
petitioned the State Court to open or strike the judgment on the
basis that, among other things, the post-judgment interest rate and
attorneys' fees assessed in the judgment were excessive.  The State
Court issued an order which stayed execution of the judgment
pending further order.

On Dec. 5, 2016, the Debtor filed for Chapter 11 bankruptcy
protection.  Following some confusion in the State Court as to
whether the automatic stay prohibited it from proceeding against
non-debtor Defendants, Fifth Third filed a motion seeking relief
from the automatic stay.  Reflecting an agreed-upon resolution of
the motion, the Bankruptcy Court entered a modified consent order
on Dec. 15, 2016, which provided that the Automatic Stay does not
apply to any Defendant in the matter pending in the Court of Common
Pleas of Allegheny County, Pennsylvania, at Docket Number
GD-16-012470 other than the Debtor, Circulatory Centers of Georgia,
P.C.  In the event any of the Co-Defendants in the State Court
Action file Chapter 11 for bankruptcy protection, the Automatic
Stay does not apply to any non-debtor Co-Defendants.

Circulatory Center of West Virginia, Inc., Debtor, represented by
Robert O. Lampl.

             About Circulatory Centers of Georgia

Circulatory Centers of Georgia, P.C., based in Pittsburgh,
Pennsylvania, filed a Chapter 11 petition (Bankr. W.D. Pa. Case No.
16-24530) on Dec. 5, 2016.  The Hon. Gregory L. Taddonio presides
over the case.

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

Robert O. Lampl, Esq., at the Law Offices of Robert O. Lampl serves
as the Debtor's bankruptcy counsel.

            About Circulatory Centers of West Virginia

Headquartered in Pittsburgh, Pennsylvania, Circulatory Center of
West Virginia, Inc., filed for Chapter 11 bankruptcy protection
(Bankr. W.D. Pa. Case No. 17-20211) on Jan. 20, 2017, estimating
its assets at between $50,000 and $100,000 and liabilities at
between $1 million and $10 million.  The petition was signed by Tom
Certo, president.

Judge Gregory L. Taddonio presides over the case.

Robert O. Lampl, Esq., John P. Lacher, Esq., David L. Fuchs, Esq.,
and Ryan J. Cooney, Esq., at the Law Offices of Robert O. Lampl
serve as the Debtor's bankruptcy counsel.


CLEVELAND BIOLABS: Incurs $2.65 Million Net Loss in 2016
--------------------------------------------------------
Cleveland Biolabs, Inc. filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing a net loss
attributable to the Company of $2.65 million on $3.51 million of
revenues for the year ended Dec. 31, 2016, compared to a net loss
attributable to the Company of $12.63 million on $2.70 million of
revenues for the year ended Dec. 31, 2015.

Cleveland BioLabs reported a net loss, excluding minority
interests, of $(1.2) million for the fourth quarter of 2016, or
$(0.11) per share, compared to a net loss of $(1.4) million, or
$(0.13) per share, for the fourth quarter of 2015.  Net loss,
excluding minority interests, for full year 2016 was $(2.7)
million, or $(0.24) per share, compared to a net loss of $(12.6)
million, or $(1.79) per share, for full year 2015.

Revenue for the fourth quarter of 2016 was $1.0 million compared to
$1.3 million for the fourth quarter of 2015.

As of Dec. 31, 2016, Cleveland Biolabs had $15.95 million in total
assets, $3.11 million in total liabilities and $12.84 million in
total stockholders' equity.

As of Dec. 31, 2016, the Company had $15.2 million in cash, cash
equivalents and short-term investments, which, based on the
Company's current operational plan, is estimated to fund operations
for at least one year beyond the filing date of its Form 10-K.

Yakov Kogan, Ph.D., MBA, chief executive officer, stated, "The past
year was one of significant progress for CBLI.  We commenced or
continued clinical studies designed to further substantiate the
potential of our Toll-like receptor agonists, entolimod, CBLB612
and Mobilan."

"The pursuit of commercialization for entolimod as a medical
radiation countermeasure remains our top priority," continued Dr.
Kogan.  "We are working with the U.S. Food and Drug Administration
(FDA) to confirm the bio-comparability of two formulations of
entolimod.  As requested by the Agency, we have completed the
side-by-side analytical comparability analysis of these
formulations and plan to submit the report to the Agency in the
first quarter of 2017.  Once the FDA has reviewed these data and
provided its consent, the bio-comparability study in non-human
primates will commence.  Following completion of the study and
discussion of the submitted study results with the FDA, we expect
the Agency to resume the review of our pre-EUA dossier.  Products
with pre-EUA status may be purchased by certain US government
stakeholders for stockpiling in the event of a disaster and we
believe achievement of this status may also increase interest from
foreign governments.  In addition, we are evaluating steps needed
to file a Marketing Authorization Application (MAA) with the
European Medicines Agency (EMA), and have taken preliminary action
with the EMA, which has granted entolimod orphan drug designation
for the treatment of acute radiation syndrome, and we continue to
evaluate other foreign markets."

At Dec. 31, 2016 the Company had 10,987,166 shares of common stock
outstanding.  In addition, the Company has 233,367 shares of common
stock reserved for issuance pursuant to outstanding stock options
with a weighted average exercise price of $41.98 and 2,148,741
shares of common stock reserved for issuance pursuant to
outstanding warrants exercisable at a weighted average price of
$11.04.

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

                      https://is.gd/tdnRfn

                     About Cleveland BioLabs

Cleveland BioLabs, Inc. (NASDAQ: CBLI) is a biopharmaceutical
company developing novel approaches to activate the immune system
and address serious unmet medical needs.  The Buffalo, New
York-based company's proprietary platform of toll-like immune
receptor activators has applications in radiation mitigation,
oncology immunotherapy and vaccines.


CLUB VILLAGE: Seeks May 22 Extension of Plan Filing Deadline
------------------------------------------------------------
Club Village, LLC asks the U.S. Bankruptcy Court for the Southern
District of Florida to extend the exclusive period to file a plan
of reorganization for a ninety day period, through and including
May 22, 2017, and the exclusive period to solicit acceptances of a
plan for a ninety day period through and including July 24, 2017.

Absent an extension, the Debtor would have until February 20, 2017
to file a plan of reorganization and until April 24, 2017 to
solicit acceptances of such plan.

The Debtor relates it has an ongoing negotiations with its secured
lender as to a settlement, which will determine the distributions
to be made under the plan. As such, the Debtor will need additional
time to file its plan and disclosure statement considering that the
results of the settlement will have a material effect on the
Debtor's proposed plan.

                    About Club Village

Club Village, LLC, a single asset real estate business based in
1601 NW 13 St., Boca Raton, Florida, filed a Chapter 11 petition
(Bankr. S.D. Fla. Case No. 16-21497) on Aug. 22, 2016.  The
petition was signed by Fred DeFalco, managing member. The case is
assigned to Judge Erik P. Kimball.  The Debtor disclosed total
assets at $11.5 million and total debts at $11.2 million.

The Debtor is represented by Aaron A. Wernick, Esq., at Furr &
Cohen.  The Debtor engaged Andrew Sodl, Esq., at Akerman LLP as
special counsel; and Paul Rubin, EA, Mtax and Rubin & Associates,
CPA Firm, PA as accountants.

As of Jan. 10, 2017, no trustee, examiner or statutory committee
has been appointed in the Debtor's case.


COMBIMATRIX CORP: Reports $558,000 Net Loss for Fourth Quarter
--------------------------------------------------------------
CombiMatrix Corporation reported a net loss of $558,000 on $3.54
million of total revenues for the three months ended Dec. 31, 2016,
compared to a net loss of $1.53 million on $2.68 million of total
revenues for the three months ended Dec. 31, 2015.

For the year ended Dec. 31, 2016, the Company reported a net loss
of $4.14 million on $12.86 million of total revenues compared to a
net loss of $6.60 million on $10.08 million of total revenues for
the year ended Dec. 31, 2015.

As of Dec. 31, 2016, Combimatrix had $8.47 million in total assets,
$1.98 million in total liabilities and $6.49 million in total
stockholders' equity.

"I'm proud to report a strong finish to 2016 with substantial
improvements in key financial and operating metrics as we continue
to make progress toward our stated goal of sustained
profitability," said Mark McDonough, CombiMatrix president and CEO.
"Total revenues for the quarter increased 32% year-over-year to
$3.5 million, driven by record reproductive health test volume and
revenues, and across-the-board increases in average revenue per
test.  We also benefitted from further improvement in gross margin,
which expanded significantly from a year ago to 58.4%.  Our cash
collections reached $3.3 million in fourth quarter of 2016 --
another new record.  These favorable results along with our ability
to manage expenses led to a nearly $1 million improvement in
quarterly operating loss from the prior-year period.

"Our strategy is to aggressively capitalize on the favorable market
dynamics in reproductive health diagnostics, to build upon our
market-leading position and create value for our shareholders," Mr.
McDonough added.  "We have suspended our process with our strategic
advisory firm Torreya Partners, while we continue to explore on our
own strategic options including a range of potential M&A and
business development opportunities.  Our focus is on executing our
business plan in 2017 and we expect continued growth in revenues
and test volume through increased salesforce productivity, while
maintaining a high level of cash reimbursement and prudent
management of expenses.  Our consistent business execution gives us
confidence in reaching positive cash flow from operations by the
fourth quarter of 2017."

The Company reported $3.7 million in cash, cash equivalents and
short-term investments as of Dec. 31, 2016, compared with $3.9
million as of Dec. 31, 2015.  The Company used $539,000 and $3.9
million in cash to fund operating activities during the fourth
quarter and year ended Dec. 31, 2016, respectively, compared with
$1.5 million and $5.7 million used to fund operating activities
during the comparable 2015 periods, respectively.  The significant
decreases in net cash used to fund operating activities for the
2016 periods resulted primarily from improved cash reimbursement of
$3.3 million and $11.8 million for the three and 12 months ended
Dec. 31, 2016, respectively, compared with $2.3 million and $9.3
million for the three and 12 months ended Dec. 31, 2015,
respectively.

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

                    https://is.gd/fB9Qlp

                     About Combimatrix

Irvine, California-based CombiMatrix Corporation specializes in
pre-implantation genetic screening, miscarriage analysis, prenatal
and pediatric healthcare, offering DNA-based testing for the
detection of genetic abnormalities beyond what can be identified
through traditional methodologies.  Its clinical lab and corporate
offices are located in Irvine, California.

Combimatrix reported a net loss of $6.60 million in 2015 compared
to a net loss of $8.70 million in 2014.

Haskell & White LLP, in Irvine, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has limited
working capital and a history of incurring net losses and net
operating cash flow deficits.  These conditions raise substantial
doubt about the Company's ability to continue as a going concern.


COMMERCIAL BARGE: S&P Lowers CCR to 'B-' on Weak Market Conditions
------------------------------------------------------------------
S&P Global Ratings said that it lowered its corporate credit rating
on Jeffersonville, Ind.-based Commercial Barge Line Co. to 'B-'
from 'B'.  The outlook is stable.

At the same time, S&P lowered its issue-level rating on the
company's $1.15 billion senior secured term loan to 'B-' from 'B',
based on the lower corporate credit rating.  The '3' recovery
rating remains unchanged, indicating S&P's expectation for
meaningful (50%-70%; rounded estimate 60%) recovery in the event of
a payment default.

"The downgrade reflects CBL's weaker-than-expected operating
performance over the past year and the uncertain market conditions
that continue to exist.  Weak demand for dry bulk commodity
shipments (e.g. steel, aluminum, fertilizer, salt, and coal) and
liquid transportation (e.g. chemicals, petroleum, and petroleum
products) has resulted in lower capacity utilization and a soft
pricing environment," said S&P Global Ratings credit analyst
Michael Durand.  "Although grain volumes have been strong, there
are still a number of factors that are unfavorably impacting rates,
including growth in the overall industry barge fleet."

On a positive note, CBL has been able to integrate its November
2015 acquisition of AEP River Operations LLC successfully and has
realized synergies exceeding original estimates.  However, these
synergies have not been enough to offset the aforementioned end
market weakness.

The stable outlook reflects S&P's view that it do not expect CBL's
financial profile to improve dramatically over the next 12 months.
The domestic marine transportation industry remains challenging,
with barge overcapacity contributing to lower utilization and
weaker pricing.

Although unlikely over the next 12 months, S&P could raise its
rating if CBL's earnings generation exceeds our expectations, its
debt-to-EBITDA ratio approaches 6x, and its FFO-to-debt ratio
reaches 10% for a sustained period.  This could occur if the
domestic marine transportation operating environment improves,
resulting in higher utilization and stronger pricing.

Although unlikely over the next 12 months, S&P could lower its
ratings on CBL if its liquidity becomes constrained, causing S&P to
revise its liquidity assessment to weak, or if further earnings
deterioration leads S&P to conclude that the company's capital
structure is no longer sustainable over the long term.



COMMUNITY VISION: Asks Court to Conditionally Approve Disclosures
-----------------------------------------------------------------
Community Vision Development Programs, LLC, filed a motion asking
the U.S. Bankruptcy Court for the District of Minnesota to
conditionally approve its disclosure statement and accompanying
plan of reorganization, dated Feb. 16, 2017.

The Debtor also asked the court to set a date for the hearing on
the final approval of the disclosure statement and the confirmation
of the Debtor's Plan.

The plan proposes to pay Class 2 general unsecured creditors 5% of
their non-priority claims. The Debtor estimates the payment
required to be made to unsecured creditors is $13,000. Unsecured
non-priority claims in this Class is approximately $260,143. Class
2 is impaired under the plan.

The Debtor will pay these funds from ongoing operations 1 year from
the Effective Date.

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

           http://bankrupt.com/misc/mnb16-42109-58.pdf

Community Vision Development Programs, LLC, filed a Chapter 11
bankruptcy petition (Bankr. D. Minn. Case No. 16-42109) on July
18,
2016.


COMPOUNDING DOCS: Seeks 90-day Extension of Plan Filing Deadline
----------------------------------------------------------------
Compounding Docs, Inc. requests the U.S. Bankruptcy Court for the
Southern District of Florida to to extend the deadline to file a
Plan and Disclosure Statement for ninety days.

The Debtor also requests the Court to extend the deadline to assume
or reject executory contracts and unexpired non-residential leases
to such time as the Debtor files its Plan.

Without the requested extension, the period during which only the
Debtor may file a plan would expire on March 15, 2017.

The Debtor relates that it has been aggressively pursuing every
issue of its case in an effort to bring about resolution of the
problems faced in the development and filing of a confirmable plan.
Particularly, the Debtor has been working with creditors to resolve
a host of issues so that it may generate and sustain a profitable
position.

In addition, the Debtor contends that it will pursue its claim
objections shortly.  The Debtor further contends that while the
claims bar date for non-governmental creditors has already lapsed
on February 13, 2017, the claims bar date for governmental
creditors has yet to occur on May 15, 2017.

The Debtor also requests a hearing on its Motion be held before
March 15, 2017.

                     About Compounding Docs

Compounding Docs, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Fla. Case No. 16-25312) on Nov. 15,
2016.  The petition was signed by Dr. Charles Robertson, director.
The case is assigned to Judge Erik P. Kimball. At the time of the
filing, the Debtor had $100,000 to $500,000 in estimated assets and
$1 million to $10 million in estimated liabilities.

The Debtor is represented by Tarek K. Kiem, Esq. at Rappaport
Osborne Rappaport & Kiem, PL.


COMSTOCK RESOURCES: Carl Westcott Reports 8.67% Equity Stake
------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Carl H. Westcott reported that as of Feb. 15, 2017,
he beneficially owned 1,166,780 shares of common stock of
Comstock Resources, Inc. representing 8.67 percent of the shares
outstanding.

Carl H. Westcott directly holds 736,600 shares of common stock, par
value $0.50 per share, of Comstock Resources.  Additionally, Mr.
Westcott exercises shared voting and disposition power over 406,872
shares of Common Stock with Court H. Westcott as managers of Carl
Westcott, LLC, the general partner of each of Commodore Partners,
Ltd., which directly owns 390,372 shares of Common Stock, and G.K.
Westcott LP, which directly owns 16,500 shares of Common Stock.

Carl H. Westcott has shared discretionary authority to purchase and
dispose of shares of Common Stock under various accounts for the
benefit of the following persons, who directly hold the following
amounts of shares of Common Stock: Court H. Westcott, 4,000 shares;
Carla Westcott, 11,008 shares; Peter Underwood, 5,250 shares;
Francisco Trejo, Jr., 2,050 shares; and Rosie Greene, 1,000 shares.
Carl H. Westcott does not exercise any voting power over any such
shares of Common Stock owned by the aforementioned individuals and
expressly disclaims beneficial ownership of those shares.

The percentage ownership is based on 13,455,559 shares of Common
Stock outstanding, as reported by Comstock Resources in its
quarterly report on Form 10-Q filed on Nov. 9, 2016.  The number of
shares beneficially owned also reflects a 1-for-5 reverse stock
split effected by the Issuer on Aug. 1, 2016.

Since the filing of Amendment No. 13 (the period of Feb. 7, 2017,
through Feb. 16, 2017), a net 206,980 shares of Common Stock were
purchased by Carl H. Westcott during such period on his own behalf
and on behalf of certain other Reporting Persons for an aggregate
price of approximately $2,301,312.

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

                     https://is.gd/IyPNV6

                    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.


COMSTOCK RESOURCES: D. E. Shaw Stake Down to 0.1% as of Dec. 31
---------------------------------------------------------------
D. E. Shaw & Co., L.P. and David E. Shaw disclosed in an amended
Schedule 13G filed with the Securities and Exchange Commission that
as of Dec. 31, 2016, they beneficially own 16,748 shares of common
stock of Comstock Resources, Inc. representing 0.1 percent of the
shares outstanding.

Mr. Shaw does not own any shares directly.  By virtue of his
position as president and sole shareholder of D. E. Shaw & Co.,
Inc., which is the general partner of D. E. Shaw & Co., L.P., which
in turn is the investment adviser of D. E. Shaw Oculus Portfolios,
L.L.C., and by virtue of his position as president and sole
shareholder of D. E. Shaw & Co. II, Inc., which is the managing
member of D. E. Shaw & Co., L.L.C., which in turn is the manager of
D. E. Shaw Oculus Portfolios, L.L.C., Mr. Shaw may be deemed to
have the shared power to vote or direct the vote of, and the shared
power to dispose or direct the disposition of, the 16,748 shares as
described above constituting 0.1% of the outstanding shares and,
therefore, David E. Shaw may be deemed to be the beneficial owner
of those shares.  Mr. Shaw disclaims beneficial ownership of such
16,748 shares.

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

                    https://is.gd/pDsQ47

                  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.


COMSTOCK RESOURCES: Symphony Asset Has 5.96% Equity Stake
---------------------------------------------------------
Symphony Asset Management, LLC disclosed in a Schedule 13G filed
with the Securities and Exchange Commission that as of Dec. 31,
2016, it beneficially owns 801,850 shares of common stock of
Comstock Resources Inc. representing 5.96 percent of the shares
outstanding.  A full-text copy of the regulatory filing is
available for free at https://is.gd/5ADbkp

                   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.


CONNEAUT LAKE: Court to Dismiss Garry Harris Adversary Proceeding
-----------------------------------------------------------------
In a memorandum of opinion dated Feb. 3, 2017, which is available
at https://is.gd/z7kYDa from Leagle.com, the Hon. Jeffery A. Deller
of the U.S. Bankruptcy Court for the Western District of
Pennsylvania will enter an order that dismisses the adversary
proceeding styled GARY HARRIS, INDIVIDUALLY AND AS ALTER EGO FOR
MM-E HOLDING TRUST, CONCORE HOLDING TRUST, RICHMAN HOLDING TRUST
AND 3470 CORP D/B/A/ THE WATER COMPANY, Plaintiff, v. TRUSTEES OF
CONNEAUT LAKE PARK, INC., Defendant, Adversary No. 16-1039 (W.D.
Pa.), for failure to state a claim and will need not consider the
remaining defenses argued by the Trustees of Conneaut Lake Park
Inc.  Judge Deller concludes that Mr. Harris' claims are stale.

Garry Harris is seeking a judgment declaring him as "the owner of
the water company and its systems and equipment at" Conneaut Lake
Park.  As to the water company assets, Mr. Harris further seeks a
judgment declaring it as the owner of the water company contracts
and accounts.  The Plaintiff also seeks a judgment declaring it to
be the "sole and exclusive owner of amusement park rides and games
et al [sic] used or stored at" Conneaut Lake Park.

Mr. Harris is seeking to have all of the assets that are the
subject of this Adversary Proceeding "returned and restored" to
him.  In this regard, Mr. Harris seeks control of these assets by
way of injunctive relief enjoining TCLP from transferring or
otherwise disposing the disputed assets.

Mr. Harris, through various entities he owned or controlled,
purchased Conneaut Lake Park in 1996.  Thereafter, he purportedly
caused the park assets to be assigned or conveyed to various
entities.

The Court directed the parties to supplement the record in this
case by filing copies of the state court judgments and related
documents.  The Court also afforded the parties the opportunity to
file supplemental briefs.

In response to the Court's directives, the parties filed various
documents with the Court.  TCLP filed a brief in support of
supplement to motion to dismiss, in which it asserts that Mr.
Harris' claims are barred by the applicable statutes of limitation
and should be dismissed.  Mr. Harris also filed a supplemental
brief disputing TCLP's statute of limitations defense.  The
Memorandum Opinion addresses the merits of this defense and Mr.
Harris' opposition.

Mr. Harris is asserting claims sounding in replevin.  "Replevin is
an action at law to recover the possession of personal property and
to recover damages incurred as a result of the defendant's illegal
detention of plaintiff's property."  The complaint filed by Mr.
Harris falls squarely within the parameters of a replevin action
(even though the text of the Complaint itself omits the word
"replevin").  The Court reaches this conclusion because the
Complaint unequivocally alleges that (a) Mr. Harris is the true
owner of the disputed assets, (b) Mr. Harris is entitled to have
the assets "returned and restored" to Mr. Harris, and (c) TCLP
should be enjoined from transferring or otherwise disposing the
disputed assets.

Taking the factual allegations contained in Mr. Harris' Complaint
as true, and duly considering the undisputed state court record
filed by the parties, the Court finds that Mr. Harris was
dispossessed from the disputed assets on Jan. 29, 1999, at the
latest.  Mr. Harris admits as much in his objection to TCLP's
motion to dismiss.  He says that he objects to the Debtor's claim
that no attempt had been made to exercise any control, possession,
or maintenance of the personal property in question.  The Crawford
County Court and its appointed custodians, William Jordan and
Herbert Brill barred Mr. Harris from Park grounds under the threat
of criminal trespassing.

The instant Adversary Proceeding was commenced on Aug. 3, 2016,
more than 15 years after Mr. Harris was aware that he was precluded
from the disputed assets.  This action was also filed (a) more than
14 years after President Judge Miller both dismissed Asset
Management's Replevin Action and denied as untimely the requests of
Mr. Harris and certain of the Harris Entities to intervene, (b)
more than 13 years after President Judge Miller's Adjudication in
the Equity Action wherein he summarized TCLP's view that it owned
the park assets "lock, stock, and barrel," (c) more than 13 years
after Judge Vardaro denied the efforts of both 3740 Corp. and Mr.
Harris to intervene in the Equity Action as being untimely, and (d)
and more than 11 years after Mr. Harris unsuccessfully sought to
compel the release of personal property by way of the Motion to
Release filed in the Equity Action.

The Court further observes that the state court record provides
that the custodianship was terminated by an order of court dated
June 29, 2007.  Even if the custodianship's pendency served to toll
the statute of limitations, the tolling period ended when the
custodianship ended.  The statute of limitations expired in June
2009 (which is over seven years prior to the filing of this
Adversary Proceeding).

The passing of the statute of limitations period (coupled with
TCLP's continuous, notorious or open, and exclusive possession of
the disputed assets) extinguished any claim of title that the Mr.
Harris may have to the disputed assets and transferred title to the
TCLP, the Court said.

Trustees of Conneaut Lake Park, Inc., Debtor, Debtor, is
represented by Jaclyn Elizabeth Faulds, Stonecipher Law Firm,
Jeanne S. Lofgren, Stonecipher Law Firm & George T. Snyder,
Stonecipher Law Firm.

                     About Conneaut Lake Park

Conneaut Lake Park is a summer amusement resort, located in
Conneaut Lake, Pennsylvania.

Trustees of Conneaut Lake Park, Inc., filed a Chapter 11 bankruptcy
petition (Bankr. W.D. Pa. Case No. 14-11277) in Erie,
Pennsylvania, on Dec. 4, 2014.  The case is assigned to Judge
Thomas P. Agresti.

The Debtor estimated assets and debt of $1 million to $10 million.

Trustees of Conneaut Lake Park filed for bankruptcy protection less
than 20 hours before the Crawford County amusement park was
scheduled to go to sheriff's sale for almost $930,000 in back taxes
and related fees.

The Debtor tapped George T. Snyder, Esq., at Stonecipher Law Firm,
in Pittsburgh, as counsel.


CONNECT TRANSPORT: Trustee to Hire Searcy & Searcy as Counsel
-------------------------------------------------------------
The Chapter 11 trustee for Connect Transport, LLC and its
affiliates seeks approval from the U.S. Bankruptcy Court for the
Northern District of Texas to hire his own firm as legal counsel.

Jason Searcy, the court-appointed trustee, proposes to hire Searcy
& Searcy, P.C. to give legal advice regarding the administration of
the Debtors' estates, review claims of creditors, represent him in
suits related to the Debtors' bankruptcy cases, and provide other
services.

The normal hourly billing rates of the firm's attorneys and
paralegals are:

     Jason Searcy      $500
     Joshua Searcy     $300
     Callan Searcy     $250
     Paralegals        $125

Searcy & Searcy does not hold any interest adverse to the Debtors'
estates, and is a "disinterested person" as defined in section
101(14) of the Bankruptcy Code, according to court filings.

The firm can be reached through:

     Jason R. Searcy, Esq.
     Joshua P. Searcy, Esq.
     Callan C. Searcy, Esq.
     Searcy & Searcy, P.C.
     P.O. Box 3929
     Longview, TX 75606
     Tel: (903) 757-3399
     Fax: (903) 757-9559

                    About Connect Transport

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

Connect Transport and its affiliates filed for Chapter 11
bankruptcy protection (Bankr. N.D. Tex. Lead Case No. 16-33971) on
Oct. 4, 2016.

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

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

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

The U.S. Trustee appointed an official committee of unsecured
creditors.  The committee retained McCathern, PLLC, as counsel. The
committee also retained GlassRatner Advisory & Capital Group, LLC,
as financial advisor.

On February 7, 2017, Jason R. Searcy was appointed as Chapter 11
trustee for the Debtors.


CONTURA ENERGY: S&P Assigns 'B-' CCR; Outlook Positive
------------------------------------------------------
S&P Global Ratings said it assigned its 'B-' corporate credit
rating to Bristol, Tenn.-based thermal and metallurgical coal
producer Contura Energy Inc.  The outlook is positive.

Contura Energy was formed in July after acquiring certain assets
from Alpha Natural Resources in connection with Alpha's
restructuring.  Contura was formed by a group of Alpha's first-lien
lenders.

At the same time, S&P assigned its 'B' issue-level rating to the
company's $400 million first-lien term loan due 2024 with a '2'
recovery rating, indicating meaningful recovery (70%-90%; rounded
estimate 85%) in the event of a default.

"The positive outlook reflects Contura's favorable contracted
position for 2017, the extent to which we expect Contura will
continue to take advantage of elevated met prices, and anticipation
that the demand uncertainty and price volatility in the sector will
diminish going into the end of the year," said S&P Global Ratings
credit analyst Chiza Vitta.

S&P could raise the rating if the company demonstrates leverage
sustained below 3x, particularly if S&P sees additional
stabilization in the coal sector.  In this scenario, S&P expects
the company would generate cash flow in excess of $150 million and
preserve adequate liquidity.

S&P could revise the outlook to stable if weak operating
performance or falling prices inhibits cash flow generation, or if
the capital structure changes such that adjusted debt leverage
exceeds 3x.


COPIA INVESTING: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------
The Office of the U.S. Trustee on Feb. 23 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Copia Investing, LLC.

                About Copia Investing

Copia Investing, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. D. Ariz. Case No. 17-00510) on Jan. 18, 2017, disclosing
under $1 million in both assets and liabilities.  The Debtor is
represented by Bankruptcy Legal Center(TM) and the Law Office of
James F. Kahn, P.C., including James F. Kahn, Esq., and Krystal M.
Ahart, Esq.


CORRUGATED INDUSTRIES: Taps David W. Steen as Legal Counsel
-----------------------------------------------------------
Corrugated Industries of Florida, Inc. seeks approval from the U.S.
Bankruptcy Court for the Middle District of Florida to hire legal
counsel.

The Debtor proposes to hire David W. Steen, P.A. to give legal
advice regarding its duties under the Bankruptcy Code, and provide
other legal services related to its Chapter 11 case.

The hourly rates charged by the firm are:

     David Steen, Esq.               $450
     Associate/Contract Attorney     $300
     Paralegal                       $160
     Legal Assistants                $140

David Steen, Esq., disclosed in a court filing that no attorney in
his firm represents any interest adverse to the Debtor or its
bankruptcy estate.

The firm can be reached through:

     David W. Steen, Esq.
     David W. Steen, P.A.
     2901 W. Busch Boulevard, Suite 311
     Tampa, FL 33618
     Tel No: (813) 251-3000
     E-mail: dwsteen@dsteenpa.com

            About Corrugated Industries of Florida

Based in Tampa, Florida, Corrugated Industries of Florida, Inc.
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
M.D. Fla. Case No. 17-01141) on February 14, 2017.  The petition
was signed by Gene D. Lebouef, Jr., vice president.  

At the time of the filing, the Debtor disclosed $1.4 million in
assets and $1.13 million in liabilities.


COSTA DORADA APARTMENTS: Unsecureds to Recoup 100% in 35 Months
---------------------------------------------------------------
Costa Dorada Apartments Corp. filed with the U.S. Bankruptcy Court
for the District of Puerto Rico a first disclosure statement for
plan of reorganization dated Feb. 20, 2017.

Class 4 General Unsecured Claims are impaired by the Plan.  Class 4
consists of the (a) prepetition unsecured claims against the
Debtor, to the extent allowed, if any, and (b) any other allowed
claim which is deemed partially or entirely unsecured.  The Debtor
estimates that there will be approximately $503,799.35 in allowed
unsecured claims.

The Allowed Class 4 General Unsecured Claims, if any, will be
satisfied via cash distributions, estimated at 100.00% of Allowed
Class 4 General Unsecured Claims.  Distributions will be made on a
monthly-basis commencing on the 1st day of the 26th month following
the Effective Date of the Plan and continue thereafter until
satisfaction of all Allowed Class 4 Claims (approximately month
60).  Payments will be in the amount of $15,000 per month.

The Plan establishes that the Plan will be funded from the
cash-flow generated by the retail sale of the Debtor's condominium
units.  The Debtor owns 34 individual, 2-bedrooms and 2 baths plus
a studio, units which form part of the Costa Dorada Apartments.  Of
these units, the Debtor will market and sale 30-Units.  The
remaining four Units, will be used to satisfy vacation club
agreements specified in Executory Contracts Section of this Plan.

Per an appraisal dated October 2015, the Units had a market value
of $233,000 per Unit.  Per the appraisal, the market absorption
rate for the units is 12 Quarters or 3-Year.  For purposes of
cash-flows projections, the average sale price is being estimated
at $125,000 or approximately 54.00% of the appraised value.

The Debtor anticipates Net Proceeds from each sale equal to
$112,500 which is based on a sales prices of $125,000 minus 10.00%
sale related expenses (brokerage fees, deed expenses, closing
costs, etc.).  Per the terms of this proposed Chapter 11 Plan, the
Debtor proposes to disburse to secured creditors 90.00% of the Net
Proceeds of each sale concurrent with the "closing" of each
transaction.  The Debtor will retain 10.00% of the Net Proceeds of
each sale to support general operating expenses as well as the
interest expense of the secured claims.  The Debtor anticipates
that the Units in question can be sold at a rate of 1 Unit per
month.  The Debtor will contribute the above referenced cash flows
to fund the Plan commencing on the Effective Date of the Plan and
continue to contribute through the date that holders of Allowed
Classes 1 through 4 Claims receive the payments specified for in
the Plan.

The First Disclosure Statement is available at:

           http://bankrupt.com/misc/prb15-04474-108.pdf

                   About Costa Dorada Apartments

Costa Dorada Apartments Corp. is based in Isabela, Puerto Rico.
Costa Dorada filed a chapter 11 petition (Bankr. D. P.R. Case No.
15-04474) on June 12, 2015, and is represented by Jaime Rodriguez
Rodriquez, Esq., at Rodriguez & Asociados, Abogados, CSP, in Vega
Baja, Puerto Rico.

At the time of the filing, the Debtor estimated assets and debts to
be between $1 million to $10 million.


CRYSTAL ENTERPRISES: Unsecureds to Recover 13% Under Plan
---------------------------------------------------------
Crystal Enterprises, Inc., filed with the U.S. Bankruptcy Court for
the District of Maryland a disclosure statement dated Feb. 20,
2017, referring to the Debtor's plan of reorganization.

Under the Plan, Class 8 General Unsecured Claims are impaired.
Holders are expected to recover 13%.  Payments will start on month
80 and will end on month 86.

The Debtor is a prime vendor providing staffing, food and facility
maintenance services of the United States Department of Defense.
The firm is currently managing military dining facilities for the
United States Air Force, United States Department of Transportation
and The United States Department of the Army.  Additionally, the
Debtor maintains a robust pipeline of opportunities as a Prime
Contractor, as part of a Team and Joint Venture with other
successful firms.

The Plan will be funded by continued work, maintenance and other
performance of contracts.

Payments and distributions under the Plan will be funded by the
Debtor's cash on hand totaling approximately $357,435.

The Debtor has been in business for 20 years and continues to
maintain Government Contracts since 2000 and a Preferred Government
Vendor.  With a strong business development arm, the Debtor
successfully recompletes for contracts and boasts a superior active
business development reputation even among other similar companies
in the industry.  These companies often seek to partner with the
Debtor in bidding for new contracts, as well as servicing and
maintaining current contract, owing to the stellar reputation
maintained by Debtor in its industry sector.  

Currently, the Debtor is actively bidding on and is under
consideration for several additional government contracts.  The
United States Small Business Administration continues to afford the
Debtor a SBA 8M designation.  Under this program, the Debtor
remains a preferred vendor with priority access to large lucrative
government contracts.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/mdb16-22565-163.pdf

                     About Crystal Enterprises

Crystal Enterprises, Inc., is in the business of operating a food
service company and is located in Glenn Dale, Maryland.

Crystal Enterprises filed a Chapter 11 petition (Bankr. D. Md. Case
No. 16-22565), on Sept. 19, 2016.  The petition was signed by
Sandra Thurman Custis, president.  The case is assigned to Judge
Wendelin I. Lipp.  At the time of filing, the Debtor disclosed
total assets of $114,844 and total liabilities of $3.36 million.  

The Debtor is represented by Rowena Nicole Nelson, Esq., at the Law
Office of Rowena N. Nelson, LLC.  

No trustee or examiner has been appointed in this case and no
official committees have yet been appointed.


DAVID'S BRIDAL: Bank Debt Trades at 12% Off
-------------------------------------------
Participations in a syndicated loan under David's Bridal Inc is a
borrower traded in the secondary market at 87.60
cents-on-the-dollar during the week ended Friday, February 17,
2017, according to data compiled by LSTA/Thomson Reuters MTM
Pricing.  This represents an increase of 1.65 percentage points
from the previous week.  David's Bridal pays 375 basis points above
LIBOR to borrow under the $0.52 billion facility. The bank loan
matures on Oct. 11, 2019 and carries Moody's B3 rating and Standard
& Poor's B- rating.  The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended February 17.


DEASY ASSOCIATES: HIS to be Paid $785 Monthly at 8% Under Plan
--------------------------------------------------------------
Deasy Associates LLC filed with the U.S. Bankruptcy Court for the
District of Massachusetts an amended disclosure statement for its
second post-confirmation modified plan, dated Feb. 16, 2017.

The Debtor's Second Modified Plan is a pot Plan and relies upon the
proceeds from the following activities to fund it: (i) the sale of
an .80 acre lot of land (Lot 25-3) on Little Sandy Pond Road in
Plymouth; (ii) the subdivision and sale of an adjacent 11.24 acre
lot (Lot 25-2) ; and (iii) the proceeds from the recovery of a
default judgment from an adversary proceeding against Coastlines
Limited Partnership.

The Second Modified Plan is deemed to be a "pot" Plan because the
amount of the dividend to unsecured creditors will be the amount
available in the Distribution Fund after satisfaction of the
Debtor' administrative and secured claims.  At this time, the
Debtor estimates that all secured creditors will be paid in full
and the amount of the dividend to general unsecured creditors will
be equal to approximately 100% of such creditors' allowed claims.
If the Distribution Fund is sufficient, a 100% dividend will be
paid to all creditors with allowed claims, and remaining funds will
be paid to the Debtor. In the event the Distribution Fund is not
sufficient to fund a 100% dividend, allowed claims will be paid on
a pro rata basis.

In addition to the satisfaction of the holders of administrative
and priority claims, and a distribution to unsecured creditors, the
Second Modified Plan contemplates the satisfaction of the claim
secured by a mortgage to Hingham Institution for Savings (HIS) on
the Debtor's real property. The Second Modified Plan incorporates
an agreement in section V(B) between the Debtor and HIS that will
allow HIS to exercise its rights under non-bankruptcy law if HIS
claim is not paid within six months from confirmation of this
Plan.

Class 1A is comprised of the Allowed Secured Claim of HIS. HIS
asserts a secured claim against the Debtor in the amount of
$123,869.62, with a pre-petition arrearage of $19,060.18. HIS'
Claim is secured by a first mortgage on the Debtor's real property
located at Little Sandy Pond Road, Plymouth, Massachusetts.
Pursuant to the Court's order approving the sale of Lot 25-3, the
Debtor cured the arrearage and also made a principal reduction
payment of $15,000. Pursuant to 11 USC section 1125(a)(5)(G), the
Debtor has cured HIS' secured loan.

The Debtor will satisfy the remaining balance on the Allowed Claim
of HIS by payment from the proceeds of the sale of Lot 25-2 or the
first subdivided lots therefrom. Until the property is sold, the
Debtor will make a monthly payment of $785.33 to HIS which is
interest only at 8%. HIS will retain its lien on the property until
payment of the underlying debt as determined under applicable
nonbankruptcy law. In the event the Debtor is unable to satisfy
HIS' claim within 6 months after the Second Modified Plan is
confirmed, HIS will be granted relief from the automatic stay
provisions of 11 USC section 362 without further leave of court,
effective six months from the confirmation date. This class is
impaired.

The previous plan provided that the Debtor will satisfy the
remaining balance on the Allowed Claim of HIS by payment from the
proceeds of the sale of Lot 25-2. Until the property is sold, the
Debtor will make the contractual monthly payment of $785.33 to HIS.
HIS shall retain its lien on the property until payment of the
underlying debt as determined under applicable nonbankruptcy law.

Class 3 - General Unsecured Claims. Each holder of Allowed Class 3
Claims shall be paid in full settlement and satisfaction of such
Claim, a lump sum payment equal to such creditor's pro rata share
of the Distribution Fund no later than sixty days after the sale of
Lot 25-2 in its entirety, or if subdivided, the sale of a
sufficient number of lots to generate sufficient funds to pay a
100% dividend, and if not, the sale of the last remaining lot. The
funds available to Class 3 creditors will be the amount remaining
in the Distribution Fund after payment of all allowed
administrative, secured, and priority claims (if any).

Upon confirmation of the Second Modified Plan, all property of the
Debtor, including property of the estate, shall remain vested in
the Debtor free and clear of any and all claims, liens, and
encumbrances, except for the liens to be retained under the Second
Modified Plan.

The Debtor shall make the required payments under the Second
Modified Plan from the Distribution Fund to the allowed
administrative, priority and general unsecured claims.

The Amended Disclosure Statement is available at:

         http://bankrupt.com/misc/mab14-41882-162.pdf

                   About Deasy Associates

Deasy Associates, LLC, owner of an 11.24-acre parcel of land in
Plymouth, Massachusetts, filed a Chapter 11 petition (Bankr. D.
Mass., Case No. 14-41882) on Aug. 25, 2014.

The case is assigned to Judge Christopher J. Panos.  The Debtor is
represented by Michael J. Tremblay, Esq., and Matthew W. McCook,
Esq.


DELCATH SYSTEMS: Promotes Barbra Keck to Chief Financial Officer
----------------------------------------------------------------
Ms. Barbra C. Keck, previously the senior vice president of
finance, principal accounting officer and principal financial
officer of Delcath Systems, Inc., became the chief financial
officer of the Company effective Feb. 21, 2017.  In connection with
the promotion, Ms. Keck's annual base salary was increased to
$300,000.  All other terms and conditions of Ms. Keck's employment
with the Company not described herein remain the same as described
in the Company's Proxy Statement for its 2016 Annual Meeting of
Stockholders filed with the Securities and Exchange Commission on
June 21, 2016.

                        About Delcath

Delcath Systems, Inc. is an interventional oncology Company focused
on the treatment of primary and metastatic liver cancers. The
Company's investigational product -- Melphalan Hydrochloride for
Injection for use with the Delcath Hepatic Delivery System
(Melphalan/HDS) -- is designed to administer high-dose chemotherapy
to the liver while controlling systemic exposure and associated
side effects.  The Company has commenced a global Phase 3 FOCUS
clinical trial for Patients with Hepatic Dominant Ocular Melanoma
(OM) and a global Phase 2 clinical trial in Europe and the U.S. to
investigate the Melphalan/HDS system for the treatment of primary
liver cancer (HCC) and intrahepatic cholangiocarcinoma (ICC).
Melphalan/HDS has not been approved by the U.S. Food & Drug
Administration (FDA) for sale in the U.S.  In Europe, its system
has been commercially available since 2012 under the trade name
Delcath Hepatic CHEMOSAT Delivery System for Melphalan (CHEMOSAT),
where it has been used at major medical centers to treat a wide
range of cancers of the liver.

Delcath reported a net loss of $14.7 million in 2015, a net loss of
$17.4 million in 2014 and a net loss of $30.3 million in 2013.

As of Sept. 30, 2016, Delcath had $36.98 million in total assets,
$32.49 million in total liabilities and $4.48 million in total
stockholders' equity.

Grant Thornton LLP, in New York, New York, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company has incurred recurring
losses from operations and as of Dec. 31, 2015, has an accumulated
deficit of $261 million.  These conditions raise substantial doubt
about the Company's ability to continue as a going concern.


DEXTERA SURGICAL: Receives Noncompliance Notice from NASDAQ
-----------------------------------------------------------
Dextera Surgical Inc. received from the staff of The NASDAQ Stock
Market LLC a letter on Feb. 16, 2017, notifying Dextera that its
stockholders' equity reported in its Form 10-Q for the period ended
Dec. 31, 2016, was less than $2.5 million, the minimum required by
the continued listing requirements of Nasdaq listing rule
5550(b)(1). At that time, Dextera's stockholders' equity was
reported at $0.4 million.

As provided in the Nasdaq rules, Dextera has 45 calendar days, or
until April 3, 2017, to submit a plan to regain compliance.  If the
plan is accepted, Nasdaq can grant an extension of up to 180
calendar days from the date of the Delisting Notice to evidence
compliance.  Dextera intends to submit in a timely manner to the
Staff a plan to continue listing on The Nasdaq Capital Market.
There is no assurance that Nasdaq will accept the Company's plan to
satisfy the stockholders' equity requirement.  If the plan is not
accepted or the Company is not granted an extension, Dextera will
then consider actions appropriate to the circumstances, which may
include applicable appeals to a Nasdaq Hearings Panel.

                    About Dextera Surgical Inc.

Dextera Surgical Inc., formerly Cardica, Inc., is focused on the
commercialization and development of microcutter product line
intended for use by surgeons.  The Company is engaged in
commercializing and developing MicroCutter XCHANGE 30 based on its
staple-on-a-strip technology for use by thoracic, pediatric,
bariatric, colorectal and general surgeons.  Its MicroCutter
XCHANGE 30 is a cartridge based microcutter device with around five
millimeter shaft diameter and around 30 millimeter staple line
cleared for use in the United States for specific indications for
use, and in the European Union for a range of indications for use.

Dextera reported a net loss of $15.98 million in 2015, a net loss
of $19.18 million in 2014 and a net loss of $16.96 million in
2013.

As of Dec. 31, 2016, Dextera had $8.86 million in total assets,
$8.45 million in total liabilities and $418,000 in total
stockholders' equity.

BDO USA, LLP, in San Jose, California, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company has suffered recurring
losses from operations that raise substantial doubt about its
ability to continue as a going concern.


DIGIDEAL CORPORATION: Case Summary & 20 Top Unsecured Creditors
---------------------------------------------------------------
Debtor: Digideal Corporation
        5207 E. Third Avenue
        Spokane, WA 99212

Case No.: 17-00449

Type of Business: Digital Table Games

Chapter 11 Petition Date: Februray 22, 2017

Court: United States Bankruptcy Court
       Eastern District of Washington (Spokane/Yakima)

Judge: Hon. Frederick P. Corbit

Debtor's Counsel: Kevin O'Rourke, Esq.
                  SOUTHWELL & O'ROURKE, P.S.
                  421 W Riverside Avenue, Suite 960
                  Spokane, WA 99201
                  Tel: 509-624-0159
                  Fax: 509-624-9231
                  E-mail: kevin@southwellorourke.com

Estimated Assets: $100 million to $500 million

Estimated Debts: $1 million to $10 million

The petition was signed by Michael J. Kuhn, president.

Debtor's List of 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
Third Street Consortium, LLC                            $1,691,705
5207 E. Third Avenue
Spokane Valley, WA99212

G.L.I., LLC                                               $256,561
Lock Box 3151
PO Box 85000
Philadelphia, PA19178

Holley, Driggs, Walch, Puzey & Thompson                   $129,235

Western Electronics, LLC                                  $123,503

Eowen Rosentrater Law Office                               $63,106

BetWiser Games, LLC                                        $48,315

Chandler IP                                                $13,580

Moss Adams, LLP                                            $11,755

U.S. Playing Card Company                                  $11,600

TableMAX Gaming, Inc.                                       $8,737

Streaks N Beats, Inc.                                       $8,603

American Express                                            $7,715

HMS Panama Corporation                                      $7,382

Digital View, Inc.                                          $7,200

International Game Technology                               $7,160

On Time Express Limited                                     $7,074

Etter, McMahon, et. al.                                     $6,484

Spokane County Property Tax                                 $5,300

Dell Business Credit                                        $4,727

Casino Services Publishing, LLC                             $4,700


DIRECTORY DISTRIBUTING: Trustee Seeks to Hire Williams-Keepers
--------------------------------------------------------------
The Chapter 11 trustee for Directory Distributing Associates, Inc.
seeks approval from the U.S. Bankruptcy Court for the Eastern
District of Missouri to hire an accountant.

John Vaclavek, the court-appointed trustee, proposes to hire
Williams-Keepers LLC to fulfill various reporting and other
functions associated with any Chapter 11 case.

The hourly rates charged by the firm are:

     Member/Owners                  $300
     Managers                $185 - $240
     Seniors/Supervisors     $150 - $185
     Admin Support           $105 - $110

Williams-Keepers does not hold any interest adverse to the Debtor
or its creditors, and is a "disinterested person" as defined in
section 101(14) of the Bankruptcy Code, according to court
filings.

The firm can be reached through:

     Jennifer Stuart
     Williams-Keepers LLC
     2005 West Broadway, Suite 100
     Columbia, MO 65203
     Phone: (573) 442-6171
     Fax: (573) 777-7800

            About Directory Distributing Associates

Directory Distributing Associates, Inc. sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. E. D. Mo. Case No. 16-
47428) on Oct. 14, 2016.  The petition was signed by Kristy Runk
Bryan, Esq., attorney.

The case is assigned to Judge Kathy A. Surratt-States.  The Debtor
is represented by Carmody MacDonald P.C.

At the time of the bankruptcy filing, the Debtor estimated assets
of $1 million to $10 million, and liabilities at $100,000 to
$500,000.

The Debtors have hired McCarthy Leonard & Kaemmerer L.C. as special
counsel for labor and employment class action matters, Carr Allison
as special counsel for works compensation, Gold Weems as special
counsel for workers compensation and subrogation litigation matters
in Louisiana.

On February 13, 2017, the Office of the U.S. Trustee filed an
application seeking the appointment of John P. Vaclavek as Chapter
11 trustee for the Debtor.


DIRECTORY DISTRIBUTING: Trustee Taps Thompson Coburn as Counsel
---------------------------------------------------------------
The Chapter 11 trustee for Directory Distributing Associates, Inc.
seeks approval from the U.S. Bankruptcy Court for the Eastern
District of Missouri to hire legal counsel.

John Vaclavek, the court-appointed trustee, proposes to hire
Thompson Coburn LLP to give legal advice regarding his duties under
the Bankruptcy Code, review claims, investigate the Debtor's
financial condition, prepare a bankruptcy plan, and provide other
legal services.

Thompson Coburn has agreed to reduce the hourly rates charged by
its attorneys by 10% from their normal standard hourly rates.  The
attorneys designated to represent the trustee and their discounted
hourly rates are:

     David Warfield       $544
     Brian Hockett        $405
     Tabitha Davisson     $378

The attorneys of Thompson Coburn do not have any connection with or
interest adverse to the trustee, the Debtor and creditors,
according to court filings.

The firm can be reached through:

     David A. Warfield, Esq.
     Thompson Coburn LLP
     One US Bank Plaza
     St. Louis, MO 63101-1693
     Phone: 314-552-6000
     Fax: 314-552-7000

            About Directory Distributing Associates

Directory Distributing Associates, Inc. sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. E. D. Mo. Case No. 16-
47428) on Oct. 14, 2016.  The petition was signed by Kristy Runk
Bryan, Esq., attorney.

The case is assigned to Judge Kathy A. Surratt-States.  The Debtor
is represented by Carmody MacDonald P.C.

At the time of the bankruptcy filing, the Debtor estimated assets
of $1 million to $10 million, and liabilities at $100,000 to
$500,000.

The Debtors have hired McCarthy Leonard & Kaemmerer L.C. as special
counsel for labor and employment class action matters, Carr Allison
as special counsel for works compensation, Gold Weems as special
counsel for workers compensation and subrogation litigation matters
in Louisiana.

On February 13, 2017, the Office of the U.S. Trustee filed an
application seeking the appointment of John P. Vaclavek as Chapter
11 trustee for the Debtor.


EAST BAY DRY: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of East Bay Dry Cleaners, Inc. as
of Feb. 24, according to a court docket.

East Bay Dry Cleaners, Inc. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. M. D. Fla. Case No. 17-00557) on
January 24, 2017.  The petition was signed by Howard Wolfson,
president.  The Debtor is represented by David W. Steen, Esq., at
David W. Steen, P.A.  At the time of the filing, the Debtor
estimated assets at $100,000 to $500,000 and liabilities at $1
million to $10 million.


EASTERN OUTFITTERS: Seeks to Hire Bracewell LLP as Legal Counsel
----------------------------------------------------------------
Eastern Outfitters, LLC seeks approval from the U.S. Bankruptcy
Court for the District of Delaware to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire Bracewell LLP to give legal advice
regarding its duties under the Bankruptcy Code, negotiate with
creditors, prepare a bankruptcy plan, give advice regarding any
potential sale of assets, and provide other legal services.

The hourly rates charged by the firm are:

     Partners               $560 - $1,335
     Counsel/Associates       $350 - $805
     Paraprofessionals        $195 - $335

The Bracewell professionals expected to represent the Debtor and
their hourly rates are:

     Robert Burns          $1,100
     Jennifer Feldsher     $1,000
     Mark Dendinger          $755
     David Riley             $550

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

In accordance with Appendix B-Guidelines for reviewing fee
applications filed by attorneys in larger Chapter 11 cases, Ms.
Feldsher disclosed that her firm has not agreed to any variations
from or alternatives to its customary billing arrangements in
connection with its employment.

Ms. Feldsher also said that the Debtor has approved a prospective
budget and staffing plan for Bracewell's employment for the
post-petition filing period.

The firm can be reached through:

     Jennifer Feldsher, Esq.
     Bracewell LLP
     1251 Avenue of the Americas, 49th
     New York, NY 10020
     Tel: +1.212.508.6100
     Fax: +1.212.508.6101

                    About Eastern Outfitters

Headquartered in Meriden, Connecticut, Eastern Outfitters, LLC, is
the holding company of outdoor sports apparel and equipment
retailers Bob's Stores and Eastern Mountain Sports.

Eastern Outfitters, LLC, a/k/a Subortis Retail Group, LLC, along
with affiliates, filed for Chapter 11 bankruptcy protection (Bankr.
D. Del. Lead Case No. 17-10243) on Feb. 5, 2017.  The petitions
were signed by Mark Walsh, chief executive officer.

Judge Laurie Selber Silverstein presides over the cases.

Eastern Outfitters, Subortis IP Holdings, and Eastern Mountain
Sports estimated assets and liabilities to be between $100 million
to $500 million.

Jennifer Feldsher, Esq., and Robert Burns, Esq. of Bracewell LLP
have been tapped as the Debtors' lead counsel, and Norman Pernick,
Esq., of Cole Schotz P.C., as co-counsel. The Debtors hired AP
Services, LLC and chose Spencer Ware as its chief restructuring
officer. They also employed Alixpartners, LLP as turnaround
advisor; Lincoln Partners Advisors LLC as financial advisor; Retail
Consulting Services Inc. as real estate advisor; Malfitano Advisors
LLC to help evaluate di minimis sale proposals; and Kurtzman Carson
Consultants as claims and noticing agent.

On February 15, 2017, the Office of the U.S. Trustee named seven
creditors to serve in the official committee of unsecured
creditors.


EASTERN OUTFITTERS: Seeks to Hire Cole Schotz as Co-Counsel
-----------------------------------------------------------
Eastern Outfitters, LLC seeks approval from the U.S. Bankruptcy
Court for the District of Delaware to hire Cole Schotz P.C.

The firm will serve as co-counsel with Bracewell LLP, the Debtor's
lead bankruptcy counsel.   The services to be provided by Cole
Schotz will be "complimentary rather than duplicative" of the
services provided by other firms hired by the Debtor, according to
court filings.

The hourly rates charged by the firm are:

     Norman Pernick        $890
     Marion Quirk          $695
     Katharina Earle       $305
     Pauline Ratkowiak     $275

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

In accordance with Appendix B-Guidelines for reviewing fee
applications filed by attorneys in larger Chapter 11 cases, Mr.
Pernick disclosed that the firm has not agreed to any variations
from or alternatives to its customary billing arrangements in
connection with its employment.

Mr. Pernick also said that Cole Schotz is developing a prospective
budget and staffing plan for the post-petition filing period that
it will submit to the Debtor for approval.

The firm can be reached through:

     Norman L. Pernick, Esq.
     Cole Schotz P.C.
     500 Delaware Avenue, Suite 1410
     Wilmington, DE 19801
     Tel: 302-652-3131
     Fax: 302-652-3117
     Email: info@coleschotz.com

                    About Eastern Outfitters

Headquartered in Meriden, Connecticut, Eastern Outfitters, LLC, is
the holding company of outdoor sports apparel and equipment
retailers Bob's Stores and Eastern Mountain Sports.

Eastern Outfitters, LLC, a/k/a Subortis Retail Group, LLC, along
with affiliates, filed for Chapter 11 bankruptcy protection (Bankr.
D. Del. Lead Case No. 17-10243) on Feb. 5, 2017.  The petitions
were signed by Mark Walsh, chief executive officer.

Judge Laurie Selber Silverstein presides over the cases.

Eastern Outfitters, Subortis IP Holdings, and Eastern Mountain
Sports estimated assets and liabilities to be between $100 million
to $500 million.

Jennifer Feldsher, Esq., and Robert Burns, Esq. of Bracewell LLP
have been tapped as the Debtors' lead counsel, and Norman Pernick,
Esq., of Cole Schotz P.C., as co-counsel. The Debtors hired AP
Services, LLC and chose Spencer Ware as its chief restructuring
officer. They also employed Alixpartners, LLP as turnaround
advisor; Lincoln Partners Advisors LLC as financial advisor; Retail
Consulting Services Inc. as real estate advisor; Malfitano Advisors
LLC to help evaluate di minimis sale proposals; and Kurtzman Carson
Consultants as claims and noticing agent.

On February 15, 2017, the Office of the U.S. Trustee named seven
creditors to serve in the official committee of unsecured
creditors.


EASTERN OUTFITTERS: Seeks to Hire RCS as Real Estate Advisor
------------------------------------------------------------
Eastern Outfitters, LLC seeks approval from the U.S. Bankruptcy
Court for the District of Delaware to hire a real estate advisor.

The Debtor proposes to hire Retail Consulting Services Inc. to give
advice in connection with the review, restructuring and disposition
of its non-residential real property leases.  The firm will receive
these fees:

     (a) For each renegotiated lease, RCS will earn 3.5% of the
         net present value (calculated at 3%) difference between
         the original lease terms and the reduced rental payments
         renegotiated by the firm.

     (b) For any non-financial modification or lease option
         modification accepted and agreed to by the Debtor, RCS
         will receive $3,000 per lease it renegotiated.

     (c) Upon RCS' closing of a transaction that disposes of any
         property, the firm will receive an amount equal to 4% of
         gross proceeds if no co-broker is used, or 5% of gross
         proceeds if a co-broker is used in which case it will
         retain 3% of gross proceeds while the co-broker will
         receive 2%.

     (d) In a case of a reduction of pre-bankruptcy cure amounts,
         RCS will be paid 5% of the total amount of the reduction.


     (e) RCS will receive $500 per desk-top valuation.

RCS President Ivan Friedman disclosed in a court filing that the
firm is a "disinterested person" as defined in section 101(14) of
the Bankruptcy Code.

The firm can be reached through:

     Ivan L. Friedman
     Retail Consulting Services Inc.
     460 West 34th Street, Third Floor
     New York, NY 10001
     Tel: 212-239-1100
     Fax: 212-268-5484

                    About Eastern Outfitters

Headquartered in Meriden, Connecticut, Eastern Outfitters, LLC, is
the holding company of outdoor sports apparel and equipment
retailers Bob's Stores and Eastern Mountain Sports.

Eastern Outfitters, LLC, a/k/a Subortis Retail Group, LLC, along
with affiliates, filed for Chapter 11 bankruptcy protection (Bankr.
D. Del. Lead Case No. 17-10243) on Feb. 5, 2017.  The petitions
were signed by Mark Walsh, chief executive officer.

Judge Laurie Selber Silverstein presides over the cases.

Eastern Outfitters, Subortis IP Holdings, and Eastern Mountain
Sports estimated assets and liabilities to be between $100 million
to $500 million.

Jennifer Feldsher, Esq., and Robert Burns, Esq. of Bracewell LLP
have been tapped as the Debtors' lead counsel, and Norman Pernick,
Esq., of Cole Schotz P.C., as co-counsel. The Debtors hired AP
Services, LLC and chose Spencer Ware as its chief restructuring
officer. They also employed Alixpartners, LLP as turnaround
advisor; Lincoln Partners Advisors LLC as financial advisor; Retail
Consulting Services Inc. as real estate advisor; Malfitano Advisors
LLC to help evaluate di minimis sale proposals; and Kurtzman Carson
Consultants as claims and noticing agent.

On February 15, 2017, the Office of the U.S. Trustee named seven
creditors to serve in the official committee of unsecured
creditors.


EASTERN OUTFITTERS: Taps Kurtzman Carson as Administrative Agent
----------------------------------------------------------------
Eastern Outfitters, LLC seeks approval from the U.S. Bankruptcy
Court for the District of Delaware to hire Kurtzman Carson
Consultants LLC as administrative agent.

The bankruptcy administrative services to be rendered by the firm
include assisting the Debtor in claims management and
reconciliation, solicitation of votes, balloting, and providing
computer software support and communications plan.

The hourly rates charged by the firm for its services are:

     Analyst                                $25 - $50
     Technology/Programming Consultant      $35 - $70
     Consultant/Sr. Consultant             $70 - $160
     Director/Sr. Managing Consultant            $175
     Executive Vice-President                  Waived
     Securities Director/Solicitations
       Senior Consultant                         $200
     Securities Sr. Director/Solicitation Lead   $215

Kurtzman does not hold or represent any interest adverse to the
Debtor's bankruptcy estate, and is a "disinterested person" as
defined in section 101(14) of the Bankruptcy Code, according to
court filings.

The firm can be reached through:

     Evan Gershbein
     Kurtzman Carson Consultants LLC
     2335 Alaska Ave.
     El Segundo, CA 90245
     Phone: 310-751-1803
     Email: egershbein@kccllc.com

                    About Eastern Outfitters

Headquartered in Meriden, Connecticut, Eastern Outfitters, LLC, is
the holding company of outdoor sports apparel and equipment
retailers Bob's Stores and Eastern Mountain Sports.

Eastern Outfitters, LLC, a/k/a Subortis Retail Group, LLC, along
with affiliates, filed for Chapter 11 bankruptcy protection (Bankr.
D. Del. Lead Case No. 17-10243) on Feb. 5, 2017.  The petitions
were signed by Mark Walsh, chief executive officer.

Judge Laurie Selber Silverstein presides over the cases.

Eastern Outfitters, Subortis IP Holdings, and Eastern Mountain
Sports estimated assets and liabilities to be between $100 million
to $500 million.

Jennifer Feldsher, Esq., and Robert Burns, Esq. of Bracewell LLP
have been tapped as the Debtors' lead counsel, and Norman Pernick,
Esq., of Cole Schotz P.C., as co-counsel. The Debtors hired AP
Services, LLC and chose Spencer Ware as its chief restructuring
officer. They also employed Alixpartners, LLP as turnaround
advisor; Lincoln Partners Advisors LLC as financial advisor; Retail
Consulting Services Inc. as real estate advisor; Malfitano Advisors
LLC to help evaluate di minimis sale proposals; and Kurtzman Carson
Consultants as claims and noticing agent.

On February 15, 2017, the Office of the U.S. Trustee named seven
creditors to serve in the official committee of unsecured
creditors.


EASTERN OUTFITTERS: Taps Malfitano as Asset Disposition Advisor
---------------------------------------------------------------
Eastern Outfitters, LLC seeks approval from the U.S. Bankruptcy
Court for the District of Delaware to hire Malfitano Advisors,
LLC.

The firm will assist the Debtor in soliciting and evaluating
proposals to liquidate its inventory, furniture, fixtures and
equipment at its stores that will not be purchased by Sportsdirect
or another buyer, and will be closed after the sale.

The hourly rates charged by the firm are:

     Joseph Malfitano              $685
     Senior Consultants     $475 - $550
     Junior Consultants     $225 - $450
     Support Staff          $100 - $200

Malfitano Advisors may also request additional compensation in the
form of a so-called success fee, according to court approval.  

Joseph Malfitano, managing member of Malfitano Advisors, disclosed
in a court filing that his firm is a "disinterested person" as
defined in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Joseph A. Malfitano
     Malfitano Advisors, LLC
     747 Third Avenue, 2nd Floor
     New York, NY 10017
     Phone: 646-776-0155
     Email: info@malfitanopartners.com

                    About Eastern Outfitters

Headquartered in Meriden, Connecticut, Eastern Outfitters, LLC, is
the holding company of outdoor sports apparel and equipment
retailers Bob's Stores and Eastern Mountain Sports.

Eastern Outfitters, LLC, a/k/a Subortis Retail Group, LLC, along
with affiliates, filed for Chapter 11 bankruptcy protection (Bankr.
D. Del. Lead Case No. 17-10243) on Feb. 5, 2017.  The petitions
were signed by Mark Walsh, chief executive officer.

Judge Laurie Selber Silverstein presides over the cases.

Eastern Outfitters, Subortis IP Holdings, and Eastern Mountain
Sports estimated assets and liabilities to be between $100 million
to $500 million.

Jennifer Feldsher, Esq., and Robert Burns, Esq. of Bracewell LLP
have been tapped as the Debtors' lead counsel, and Norman Pernick,
Esq., of Cole Schotz P.C., as co-counsel. The Debtors hired AP
Services, LLC and chose Spencer Ware as its chief restructuring
officer. They also employed Alixpartners, LLP as turnaround
advisor; Lincoln Partners Advisors LLC as financial advisor; Retail
Consulting Services Inc. as real estate advisor; Malfitano Advisors
LLC to help evaluate di minimis sale proposals; and Kurtzman Carson
Consultants as claims and noticing agent.

On February 15, 2017, the Office of the U.S. Trustee named seven
creditors to serve in the official committee of unsecured
creditors.


EASTERN STAR: Seeks to Hire James F. Dowden as Legal Counsel
------------------------------------------------------------
Eastern Star Baptist Church seeks approval from the U.S. Bankruptcy
Court for the Eastern District of Arkansas to hire legal counsel.

The Debtor proposes to hire James F. Dowden P.A., a law firm based
in Little Rock, Arkansas, to give legal advice regarding its duties
under the Bankruptcy Code, and provide other legal services related
to its Chapter 11 case.

James Dowden, Esq., will charge an hourly rate of $300 for his
services.

In a court filing, Mr. Dowden disclosed that his firm does not hold
any interest adverse to the Debtor or its creditors.

The firm can be reached through:

     James F. Dowden, Esq.
     James F. Dowden, P.A.
     212 Center Street, Tenth Floor
     Little Rock, Arkansas 72201
     Phone: 501-324-4700
     Fax: 501-374-5463
     Email: jfdowden@swbell.net

               About Eastern Star Baptist Church

Based in North Little Rock, Arkansas, Eastern Star Baptist Church
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
E.D. Ark. Case No. 17-10643) on February 3, 2017.  The petition was
signed by Calvert Jackson, trustee and chairman.  The case is
assigned to Judge Ben T. Barry.

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


EASTMINSTER SCHOOL: Unsecureds to be Paid Through Georgia Lot Sale
------------------------------------------------------------------
Eastminster School, Inc., filed with the U.S. Bankruptcy Court for
the Northern District of Georgia a second amended disclosure
statement dated Feb. 22, 2017, concerning the Debtor's plan of
reorganization.

Unsecured claims will be paid, after all prior classes have been
paid in full or otherwise satisfied, to the extent that individual
unsecured claims are allowed by the Court, to the extent possible,
through the sale of the residential lot of approximately acres in
size, located at 108 Stephanie Lane, Covington, Georgia.

The dollar amount ultimately to be paid to creditors in Class 2 and
Class 3 is presently unknown; however, the Debtor expects the
payment to creditors in Classes 2 and 3 to be minimal.  

First, there is a large dollar amount of claims in Class 3, and
potentially in Class 2.  The schedules of assets and liabilities
filed by the Debtor with the Court on May 24, 2016, reflect that
general unsecured creditors other than State Bank & Trust Company
hold claims amounting to $739,912.21.  The amount of the Class 2
claim is not presently known by the Debtor, as it will be
calculated based on the amount of State Bank & Trust Company's
total claim, less the value of real property conveyed to State Bank
& Trust Company which secures its claims, and therefore will the
unsecured claim amount will depend on the Court's valuation of the
real property securing the claim of State Bank & Trust Company.  

Second, the Debtor expects for the cash available from the sale of
the Lot -- which is the source of funding of payment to Classes 2
and 3 -- to be relatively small in amount.  The Debtor believes
that the value of the Lot is approximately $15,000 based on tax
assessor records, and proceeds available to the Debtor to
distribute would be determined after deducting closing costs like
attorney's fees and any real estate agent commission(s).
Accordingly, the amount of funds anticipated to be received from
the sale of the Lot is negligible when compared to the total amount
of claims in Classes 2 and 3.

Finally, the funds paid to any single general unsecured creditor
pursuant to the Plan would be that creditor's pro rata share of its
allowed claim amount out of the total funds available for
distribution to that entire class of creditors (and, in this case,
combining Classes 2 and 3 for similar treatment and payment from
the Lot sale), such that any single creditor will receive only
partial payment on its claim.  While the actual percentage of any
claim amount which will be paid to a creditor depends, in part, on
the valuation of the property securing the claim of State Bank &
Trust Company and, thus, the amount of its Class 2 claim, the
Debtor expects that the percentage paid to Classes 2 and 3 will not
exceed approximately 2.02%, as even if State Bank & Trust Company's
Class 2 claim is satisfied in full by a combination of payments
from guarantors and the value placed on its collateral, the
remaining claims in Class 3 of $739,912.21 would be sharing in a
distribution expected not to exceed $15,000.

The Second Amended Disclosure Statement is available at:

         http://bankrupt.com/misc/ganb16-58972-45.pdf

As reported by the Troubled Company Reporter on Dec. 26, 2016, the
Debtor filed with the Court an amended disclosure statement
concerning the Debtor's plan of reorganization.  That plan provided
for a transfer of certain real property to secured creditors to
satisfy their claims and for an infusion of cash from the owner of
the Debtor to satisfy other claims.

                    About Eastminster School

Eastminster School, Inc., is a non-profit corporation, organized
with the intent of owning and operating a private school in an area
largely not served by other college preparatory schools of East of
Atlanta.

Eastminster School sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ga. Case No. 16-58972) on May 24,
2016.  The petition was signed by Andrew M. Brown, director.

The Debtor disclosed total assets of $1.62 million and total debt
of $3.25 million.

Michael D. Robl, Esq., at Robl Law Group serves as bankruptcy
counsel to the Debtor.


EFT HOLDINGS: Incurs $1.22 Million Net Loss in Third Quarter
------------------------------------------------------------
EFT Holdings, Inc. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $1.22 million on $56,808 of net total revenues for the three
months ended Dec. 31, 2016, compared to net income of $11.47
million on $81,073 of net total revenues for the three months ended
Dec. 31, 2015.

For the nine months ended Dec. 31, 2016, the Company reported a net
loss of $3.39 million on $217,440 of net total revenues compared to
net income of $13.74 million on $339,311 of net total revenues for
the same period a year ago.

As of Dec. 31, 2016, EFT Holdings had $11.96 million in total
assets, $14.64 million in total liabilities and a total deficiency
of $2.68 million.

For the nine months ended Dec. 31, 2016, net cash used in operating
activities was $4,112,547.  This was primarily due to a net loss of
$3,391,682 adjusted by non-cash related expenses that included
depreciation expense of $143,391, provision for inventory
obsolescence of $20,967, a net decrease in working capital items of
$887,316, and loss realized from the sales of securities available
for sale of $2,093.

Historically, cash and cash equivalents and securities available
for sale have been the Company's primary sources of liquidity.  The
Company believes its existing cash and cash equivalents will not be
sufficient to meet its working capital requirements for the next
12-month period.  The working capital position changed to a
deficiency of approximately $13 million at Dec. 31, 2016, compared
to a deficiency of $9.8 million at March 31, 2016, as a result of
the return of $1 million advanced to President Jack Qin for the
prepayment of amounts relating to business development activities
planned by the Company and the repayment of a $1.5 million
mediator's commission for the settlement agreement relating to the
investment in Taiwan.

"There is no assurance that the Company will be able to obtain
further funds required for its continued working capital
requirements.  The ability of the Company to meet its financial
obligations and commitments will depend primarily upon the
continued financial support of its directors and shareholders, the
continued issuance of equity to new shareholders, and its ability
to achieve and maintain profitable operations.

"There is substantial doubt about the Company's ability to continue
as a going concern as the continuation of the Company's business is
dependent upon obtaining further long-term financing and achieving
a profitable level of operations.  The issuance of additional
equity securities by the Company could result in a significant
dilution of the equity interests of its current shareholders.
Obtaining commercial loans, assuming those loans would be
available, will increase the Company's liabilities and future cash
commitments," the Company said in the filing.

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

                      https://is.gd/bY8mtb

                        About EFT Holding

California-based EFT Holdings, Inc., is primarily an e-Business
company designed around the "Business-to-Customer" concept, which
means that the Company's products are sold directly to customers
through its web site.  The Company's "Business-to-Customer" model
differs from the traditional "Business to Business" model where
products are sold to distributors who then sell the products to
ultimate customers.

EFT Holdings reported a net loss of $5.30 million on $968,000 of
net total revenues for the fiscal year ended March 31, 2015,
following a net loss of $20.3 million on $1.80 million of net total
revenues for the year ended March 31, 2014.


EIA TROPICAL: Intends to Renegotiate Lease, File Plan on April 29
-----------------------------------------------------------------
EIA Tropical LLC requests the U.S. Bankruptcy Court for the
District of Puerto Rico for a 60-day extension of the exclusive
period to file its Disclosure Statement and Chapter 11 Plan from
March 1, 2017 to April 29, 2017.

The Debtor informs the Court that, recently, it has received an
offer from its main creditor, Dorado Shopping Center Development,
Inc., to renegotiate the lease agreement.  As such, the Debtor
needs an extension of time to conclude said negotiations and to
file its Disclosure Statement and Chapter 11 Plan.

                            About EIA Tropical, LLC

EIA Tropical, LLC, filed a Chapter 11 petition (Bankr. D.P.R. Case
No. 16-05552) on July 12, 2016.  The petition was signed by Edwin
Rosario-Rodriguez.  The Debtor is represented by  Héctor Eduardo
Pedrosa-Luna, Esq. at the Law Offices of Hector Eduardo Pedrosa
Luna.  At the time of filing, the Debtor had less than $50,000 in
estimated assets and $100,000 to $500,000 in estimated liabilities.


EMERALD GRANDE: U.S. Trustee Unable to Appoint Committee
--------------------------------------------------------
The Office of the U.S. Trustee on Feb. 23 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Emerald Grande, LLC.

                   About Emerald Grande

Emerald Grande, LLC, owns and operates two hotel properties, the La
Quinta Inn and Suites adjacent to the Elkview Crossings Shopping
Mall, Elkview, West Virginia and the La Quinta Inn and Suites
adjacent to the Merchants Walk Shopping Mall, Summersville, West
Virginia.  It also owns a real estate development in Charleston
(Kanawha City), West Virginia.

Emerald Grande filed a Chapter 11 petition (Bankr. N.D. W.Va. Case
No. 17-00021) on Jan. 11, 2017.  The petition was signed by William
A. Abruzzino, managing member. The case is assigned to Judge
Patrick M. Flatley.

The Debtor estimated assets and liabilities at $10 million to $50
million at the time of the filing.  The Debtor is represented by
Steven L. Thomas, Esq., at Kay, Casto & Chaney PLLC.


EPICENTER PARTNERS: March 21 Disclosure Statement Hearing
---------------------------------------------------------
Judge Madeleine C. Wanslee of the U.S. Bankruptcy Court for the
District of Arizona will convene a hearing on March 21, 2017, at
2:45 p.m., to consider approval of the disclosure statement and
plan of reorganization filed by Sonoran Desert Land Investors LLC,
East of Epicenter LLC, and Gray Phoenix Desert Ridge II LLC, debtor
affiliates of Epicenter Partners LLC and Gray Meyer Fannin LLC.

March 14, 2017, is fixed as the last day for filing and serving
written objections to the Disclosure Statement.

As previously reported, under the Sonoran Plan, general unsecured
creditors are classified into two: Class 5A - General Unsecured
Claims and Class 5B - Related Party Unsecured Claims.  Holders of
Class 5A Claims will get 100% of their allowed claims over three
years.  These creditors will be paid quarterly with interest
accrued on unpaid amounts at the rate of 4% per annum.  The Class
5B Related Party Unsecured Claims will receive payment of their
Allowed Class 5B Claims only after all Class 5A Claims are paid in
full.  

The source of payment for general unsecured creditors will be
post-confirmation sale or disposition of the Reorganized Debtors'
Acreage.

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

           https://is.gd/PCAz68

                About Epicenter Partners

Epicenter Partners LLC was formed in 2004 to acquire, manage, sell
or hold land for investment.  Gray Meyer Fannin LLC came into
existence in 2001 and was originally formed to provide development
services for affiliates.  Both are fully owned by Gray/Western
Development Company and managed, pursuant to that entity, by Bruce
Gray.

The companies sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Ariz. Lead Case No. 16-05493) on May 16, 2016.
Epicenter disclosed $143,212,665 in assets and $66,913,279 in
liabilities.

Epicenter and GMF tapped Thomas J. Salerno, Esq., at Stinson
Leonard Street, LLP, as their Chapter 11 counsel.  Mesch Clark
Rothschild was later hired as substitute counsel to Stinson
Leonard
Street.

On June 15, 2016, the Office of the U.S. Trustee appointed five
creditors of Epicenter and GMF to serve on the official committee
of unsecured creditors.  The committee is represented by Michael
W.
Carmel, Ltd., as counsel.

On November 22, 2016, Sonoran Desert Land Investors LLC, East of
Epicenter LLC and Gray Phoenix Desert Ridge II LLC sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D.
Ariz.
Case Nos. 16-07659 to 16-07661).  The cases are jointly
administered with that of Epicenter.


EQUINOX HOLDINGS: Moody's Assigns B1 Rating to New 1st Lien Loans
-----------------------------------------------------------------
Moody's Investors Service has assigned a B1 Rating to Equinox
Holdings Inc.'s proposed first lien senior secured credit
facilities, comprising a $150 million revolver due 2022 and an $800
million term loan due 2024. Moody's has also assigned a Caa1 rating
to Equinox's proposed $200 million second lien term loan due 2025.
Proceeds from the new term loans will be used to refinance the
company's existing first and second lien debt of the same size. The
proposed transactions are a credit positive as they extend
maturities of the company's debt while lowering interest expense.
Equinox's B2 Corporate Family Ratings is unaffected by the proposed
transaction.

The refinancing will result in interest cost savings of
approximately $8 million annually. As a result of these actions,
free cash will increase by a like amount and EBITA to interest will
improve slightly from the LTM September 2016 level of approximately
1.1 times.

Assignments:

Issuer: Equinox Holdings, Inc.

-- $150 Million Senior Secured First Lien Revolving Credit
    Facility due 2022, Assigned at B1 (LGD3)

-- $800 Million Senior Secured First Lien Term Loan due 2024,
    Assigned at B1 (LGD3)

-- $200 Million Senior Secured Second Lien Term Loan due 2025,
    Assigned at Caa1 (LGD5)

RATINGS RATIONALE

The B2 Corporate Family rating reflects the company's high leverage
and modest interest coverage, as well as the highly competitive
nature of the fitness industry. The ratings also consider Equinox's
strong market position among upscale fitness clubs, and good
operating trends such as steadily growing club and membership
counts.

The stable rating outlook reflects Moody's expectation that Equinox
will generate sufficient cash flow to fund new club investments and
maintain its good liquidity position. Any deleveraging will come
from EBITDA growth, as Moody's does not expect permanent debt
reduction above and beyond required amortization on the first lien
senior secured term loan.

Ratings could be raised if the company can demonstrate sustained
high single digit comparable-club revenue growth while executing on
its expansion strategy. An upgrade could also be supported by debt
to EBITDA approaching 5.0 times and EBITDA less maintenance capex
to interest exceeding 2.0 times.

Ratings could be downgraded if the company experiences a meaningful
decline in comparable-club sales growth or a weakening of its
competitive position. Lower ratings could also be considered if
Equinox undertakes a material increase in leverage, or if the
company experiences a deterioration in its liquidity profile.

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


ERATH IRON: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------
Debtor: Erath Iron and Metal, Inc.
        PO BOX 186
        Stephenville, TX 76401

Case No.: 17-40693

Chapter 11 Petition Date: February 22, 2017

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

Judge: Hon. Mark X. Mullin

Debtor's Counsel: Russell W. King, Esq.
                  KING LAW OFFICE, P.C.
                  P.O. Box 772
                  Stephenville, TX 76401
                  Tel: (254) 968-8777
                  Fax: (254) 445-2751
                  Email: rking@kinglaw.us
                         rking2010@gmail.com

Total Assets: $21.87 million

Total Debts: $4.73 million

The petition was signed by Nicolle Boyd, president.

List of Debtor's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Jack Herod Trucking                    Freight          $108,244

Murphy Scott                            Fuel            $101,616

American Express                    Credit Card         $101,132

Power Up Lending Group                  Lien             $87,527

1st Global Capital                      Loan             $73,712
Financial Services

Yellowstone Capital LLC                 Lien             $61,842

Sun Coast                               Fuel             $59,691

Four Season                            Supplies          $37,594

Sproles Woodard LLP                    Service           $36,897

Ace Funding Source LLC                   Lien            $36,374

National Lloyds Insurance              Insurance         $33,910

Bane Machinery                          Supplies         $30,486

James W. Pickettt Jr.                   Service          $28,000

TXU Energy                              Utility          $27,283

All Island Credit                      Insurance         $26,066

Mercury Insurance                    Insurance            $20,537

Bill Gossen                           Service             $14,620

Capital One Bank                    Credit Card           $14,494

Airgas                                Service             $12,254

Centex Logistics                      Service             $12,106


ERIK CHERDAK: U.S. Trustee Forms 3-Member Committee
---------------------------------------------------
The U.S. Trustee for Region 4 on Feb. 24 appointed three creditors
to serve on the official committee of unsecured creditors in the
Chapter 11 case of Erik Cherdak.

The committee members are:

     (1) Carolynne Chandler
         c/o Michael P. Coyle
         The Coyle Law Group
         6700 Alexander Bell Drive, Suite 200
         Columbia, MD 21046

     (2) Michael A. Hinnebursch
         6913 Asbury Circle NE
         Canton, OH 44721 44721

     (3) Steven War
         15521 Quail Run Drive
         North Potomac, MD 20878

Ms. Chandler will serve as interim chairperson, according to a
court filing.

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.

Erik B. Cherdak sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Md. Case No. 16-25927).


EVEN ST. PRODUCTIONS: Disclosures OK'd; Plan Hearing on April 27
----------------------------------------------------------------
The Hon. Julia W. Brand of the U.S. Bankruptcy Court for the
Central District of California entered an order approving the
disclosure statement describing Even St. Productions Ltd. and
Majoken Inc.'s first amended plan of reorganization dated Feb. 10,
2017.

The hearing to consider confirmation of the Plan is set for April
27, 2017, commencing at 2:00 p.m.

Objections to the confirmation of the Plan must be filed by March
31, 2017.

The Debtors will mail the Disclosure Statement, together with the
Plan, ballots, and notice of the confirmation hearing and
associated deadlines to all parties entitled to receive the
documents by March 3, 2017.

In order to be counted, ballots must be received by counsel for the
Debtor by 5:00 p.m. on March 31, 2017.

The Debtors will file a summary of ballots, together with a brief
in support of confirmation of the Plan, a reply to any objections
to confirmation, and all direct evidence in support of confirmation
of the Plan, and serve the documents on any party filing an
objection to Plan confirmation and all other parties entitled to
receive the filings by April 20, 2017.

                   About Even St. Productions

Even St. Productions Ltd. and Majoken, Inc., sought Chapter 11
protection (Bankr. C.D. Cal. Case Nos. 13-24363 and 13-24389) on
May 31, 2013, in Los Angeles.  Krikor J. Meshefejian, Esq., and
David L. Neale, Esq., at Levene Neale Bender Rankin & Brill, LLP,
serve as counsel to the Debtor.  Even St. and Majoken each
estimated assets and debts of $1 million to $10 million.


EVERYWARE GLOBAL: Sixth Circuit Affirms Securities Suit Dismissal
-----------------------------------------------------------------
Carmen Germaine, writing for Bankruptcy Law360, reports that the
Sixth Circuit affirmed on Feb. 21, 2017, U.S. District Judge
Algenon L. Marbley's March 2016 decision dismissing a securities
lawsuit accusing EveryWare Global, Inc. executives, together with
private equity funds run by Monomoy Capital Partners LLC and
several EveryWare underwriters of getting involved in a
"pump-and-dump" scheme.  Law360 relates that the court agreed that
the investors couldn't show the executives had acted
intentionally.

                     About EveryWare Global

Headquartered in Lancaster, Ohio, EveryWare (Nasdaq:EVRY) is a
marketer of tabletop and food preparation products for the consumer
and foodservice markets, with operations in the United States,
Canada, Mexico and Asia.  The company has more than 1,500 personnel
throughout the United States.  Sales and marketing functions are
managed from executive offices in Lancaster, Ohio, with staff
located in Melville, New York, New York City, and Oneida, New
York.

The primary operating subsidiaries, Oneida Ltd. and Anchor Hocking,
LLC, were founded in 1848 and 1873, respectively.  In 2011,
investment funds affiliated with the Monomoy Capital Partners
completed their acquisition of these companies and, in March 2012,
integrated them under the EveryWare brand.  In May 2013, a merger
was completed where EveryWare became a wholly-owned subsidiary of
ROI Acquisition Corp. ("ROI"), a special purpose acquisition
company sponsored by affiliates of the Clinton Group, Inc., and ROI
was renamed EveryWare Global Inc.

As of Sept. 30, 2014, EveryWare reported assets of $238 million and
liabilities of $380 million.

EveryWare Global, Inc., commenced a Chapter 11 bankruptcy case to
implement a prepackaged financial restructuring that converts $248
million of the long-term debt to 96% of the common stock of the
company post-emergence.  EveryWare Global filed a voluntary Chapter
11 petition (Bankr. D. Del. Case No. 15-10743) on April 7, 2015.
Twelve of its affiliates filed separate Chapter 11 petitions the
next day.  Judge Laurie Selber Silverstein presided over the
cases.

The Debtors tapped Kirkland & Ellis LLP, as general bankruptcy
counsel; Pachulski Stang Ziehl & Jones LLP, as local bankruptcy
counsel; Jefferies LLC, as financial advisor; Alvarez & Marsal
North America, LLC, to provide a CRO and Interim VP of Finance; and
Prime Clerk LLC as claims and noticing agent.

                         *     *     *

EveryWare Global, Inc., on May 22, 2015, confirmed the Company's
financial restructuring plan dated April 7, 2015, that, among other
things, will substantially reduce the Company's long-term debt.
The plan, as supplemented, provides for the cancellation of the
Company's existing common stock.  The Company's existing common
stockholders and holders of in-the-money warrants (other than the
Company's prepetition term loan lenders and their affiliates and
certain stockholders affiliated with the Company) will receive cash
equal to $0.06 per existing share of common stock.


FANNIE MAE: Reports Net Income of $12.3 Billion for 2016
--------------------------------------------------------
Federal National Mortgage Association also known as Fannie Mae
filed with the Securities and Exchange Commission reporting net
income of $12.31 billion on $106.02 billion of total interest
income for the year ended Dec. 31, 2016, compared to net income of
$10.95 billion on $109.44 billion of total interest income for the
year ended Dec. 31, 2015.

"Our strong 2016 results reflect a multi-year drive to improve
Fannie Mae's business model, strengthen the housing finance system,
and deliver innovation and certainty to customers," said Timothy J.
Mayopoulos, president and chief executive officer.  "We delivered
new technologies that reduce risk and cost for our Single-Family
customers and help them make the mortgage process simpler, more
certain, and easier for borrowers.  Our Multifamily business
achieved record volume in 2016, and we deepened our commitment to
delivering solutions that support affordable and workforce housing.
We look forward to another year of progress as we continue to
improve our operations and deliver greater value to our partners,
the industry, taxpayers, and the housing market."

As of Dec. 31, 2016, Fannie Mae had $3.28 trillion in total assets,
$3.28 trillion in total liabilities and $6.07 billion in total
equity.

Fannie Mae expects to pay Treasury a dividend of $5.5 billion for
the first quarter of 2017 by March 31, 2017, calculated based on
the company's net worth of $6.1 billion as of Dec. 31, 2016, less
the current capital reserve amount of $600 million.

In August 2012, the terms governing the Company's dividend
obligations on the senior preferred stock were amended.  The
amended senior preferred stock purchase agreement does not allow
the Company to build a capital reserve.  Beginning in 2013, the
required senior preferred stock dividends each quarter equal the
amount, if any, by which the Company's net worth as of the end of
the immediately preceding fiscal quarter exceeds an applicable
capital reserve amount.  The capital reserve amount is $600 million
for each quarter of 2017 and will decrease to zero in 2018.

The amount of remaining funding available to Fannie Mae under the
senior preferred stock purchase agreement with Treasury is
currently $117.6 billion.  If the company were to draw additional
funds from Treasury under the agreement in a future period, the
amount of remaining funding under the agreement would be reduced by
the amount of the Company's draw.  Dividend payments Fannie Mae
makes to Treasury do not restore or increase the amount of funding
available to the company under the agreement.

Fannie Mae is not permitted to redeem the senior preferred stock
prior to the termination of Treasury's funding commitment under the
senior preferred stock purchase agreement.

               Credit Risk Transfer Transactions

In late 2013, Fannie Mae began entering into credit risk transfer
transactions with the goal of transferring, to the extent
economically sensible, a portion of the existing mortgage credit
risk on some of the recently acquired loans in its single-family
book of business in order to reduce the economic risk to the
company and taxpayers of future borrower defaults.  Fannie Mae's
primary method of achieving this goal has been through the issuance
of its Connecticut Avenue SecuritiesTM (CAS) and its Credit
Insurance Risk TransferTM (CIRTTM) transactions.  In these
transactions, the company transfers to investors a portion of the
mortgage credit risk associated with losses on a reference pool of
mortgage loans and in exchange pays investors a premium that
effectively reduces the guaranty fee income the Company retains on
the loans.

As of Dec. 31, 2016, $647.5 billion in outstanding unpaid principal
balance of the Company's single-family loans, or approximately 23
percent of the loans in its single-family conventional guaranty
book of business measured by unpaid principal balance, were
included in a reference pool for a credit risk transfer
transaction.  During 2016, the Company transferred a portion of the
mortgage credit risk on single-family mortgages with unpaid
principal balance of over $330 billion at the time of the
transactions.

These transactions increase the role of private capital in the
mortgage market and reduce the risk to Fannie Mae's business,
taxpayers, and the housing finance system.  Over time, the company
expects that a larger portion of its single-family conventional
guaranty book of business will be covered by credit risk transfer
transactions.

                        Credit Quality

While continuing to make it possible for families to buy,
refinance, or rent homes, Fannie Mae has maintained responsible
credit standards.  Since 2009, Fannie Mae has seen the effect of
the actions it took, beginning in 2008, to significantly strengthen
its underwriting and eligibility standards to promote sustainable
homeownership and stability in the housing market. Fannie Mae
actively monitors the credit risk profile and credit performance of
the Company's single-family loan acquisitions, in conjunction with
housing market and economic conditions, to determine if its
pricing, eligibility, and underwriting criteria accurately reflect
the risks associated with loans the company acquires or guarantees.
Single-family conventional loans acquired by Fannie Mae in 2016
had a weighted average borrower FICO credit score at origination of
750 and a weighted average original loan-to-value ratio of 74
percent.

                           Liquidity

Fannie Mae provided approximately $637 billion in liquidity to the
mortgage market in 2016, including approximately $193 billion in
liquidity in the fourth quarter of 2016, through its purchases and
guarantees of loans, which resulted in:

  * Approximately 1,122,000 home purchases in 2016, including
    approximately 300,000 in the fourth quarter of 2016

  * Approximately 1,401,000 mortgage refinancings in 2016,
    including approximately 459,000 in the fourth quarter of 2016

  * Approximately 724,000 units of multifamily housing in 2016,
    including approximately 182,000 in the fourth quarter of 2016

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

                         https://is.gd/9zYVkJ

                  About Fannie Mae and Freddie Mac

Federal National Mortgage Association (OTCQB: FNMA), commonly
known as Fannie Mae -- http://www.FannieMae.com/-- is a
government-sponsored enterprise (GSE) that was chartered by U.S.
Congress in 1938 to support liquidity, stability and affordability
in the secondary mortgage market, where existing mortgage-related
assets are purchased and sold.

A brother organization of Fannie Mae is the Federal Home Loan
Mortgage Corporation (FHLMC), better known as Freddie Mac.
Freddie Mac (OTCBB: FMCC) -- http://www.FreddieMac.com/-- was
established by Congress in 1970 to provide liquidity, stability and
affordability to the nation's residential mortgage markets.
Freddie Mac supports communities across the nation by providing
mortgage capital to lenders.

During the time of the subprime mortgage crisis, on Sept. 6, 2008,
Fannie Mae and Freddie Mac were placed into conservatorship by the
U.S. Treasury.  The Treasury committed to invest up to $200
billion in preferred stock and extend credit through 2009 to keep
the GSEs solvent and operating.  Both GSEs are still operating
under the conservatorship of the Federal Housing Finance Agency
(FHFA).

In exchange for future support and capital investments of up to
$100 billion in each GSE, each GSE agreed to issue to the Treasury
(i) $1 billion of senior preferred stock, with a 10% coupon,
without cost to the Treasury and (ii) common stock warrants
representing an ownership stake of 79.9%, at an exercise price of
one-thousandth of a U.S. cent ($0.00001) per share, and with a
warrant duration of 20 years.

                       Financial Results

As of Sept. 30, 2016, Fannie Mae had $3.25 trillion in total
assets, $3.25 trillion in total liabilities and $4.17 billion in
total equity.

For the nine months ended Sept. 30, 2016, Fannie Mae reported net
income of $7.27 billion on $79.88 billion of total interest income
compared with net income of $8.48 billion on $82.07 billion of
total interest income for the nine months ended Sept. 30, 2015.

For the nine months ended Sept. 30, 2016, Freddie Mac reported net
income of $2.968 billion on $49.16 billion of total interest
income compared with net income of $4.218 billion on $50.21 billion
of total interest income for the nine months ended Sept. 30, 2015.


FERRY RD. REALTY: Case Summary & 8 Unsecured Creditors
------------------------------------------------------
Debtor: Ferry Rd. Realty LLC
        114-11 Lefferts Blvd
        South Ozone Park, NY 11420

Case No.: 17-40781

Chapter 11 Petition Date: February 22, 2017

Court: United States Bankruptcy Court
       Eastern District of New York (Brooklyn)

Judge: Hon. Nancy Hershey Lord

Debtor's Counsel: Ted J. Donovan, Esq.
                  Kevin J. Nash, Esq.
                  GOLDBERG WEPRIN FINKEL GOLDSTEIN LLP
                  1501 Broadway, 22nd Floor
                  New York, NY 10036
                  Tel: (212)-301-6943
                  Fax: (212)-422-6836
                  E-mail: Tdonovan@gwfglaw.com
                          knash@gwfglaw.com

Total Assets: $3 million

Total Liabilities: $458,475

The petition was signed by Mike Hassen, manager.

A copy of the Debtor's list of eight unsecured creditors is
available for free at http://bankrupt.com/misc/nyeb17-40781.pdf


FIRSTPAY INC: Claim Filing Deadline Set for May 5
-------------------------------------------------
Creditors of Firstpay Inc., who wish to share in any distribution
of funds, must file a proof of claim with the clerk of the court on
or before May 5, 2017, at:

   United States Bankruptcy Court District of Maryland
   Greenbelt Division
   6500 Cherrywood Lane, Ste. 300
   Greenbelt, MD 20770
   Mark A. Neal, Clerk of Court

Proofs of claim may be filed by regular mail.  Creditors who wish
to receive proof of its receipt by the Court, enclose a photocopy
of the proof of claim together with a stamped, self-addressed
envelope.  Any creditor who has file a proof of claim already need
not to file another one.

A proof of claim form can be obtained at
http://www/uscourts.gov/FormsAndFees/forms/BankruptcyForms.aspxor
at any bankruptcy clerk's office

As reported by the Troubled Company Reporter, Aug. 20, 2010,
creditors filed an involuntary Chapter 7 bankruptcy petition
against FirstPay Incorporated in the United States Bankruptcy Court
for the District of Maryland in May 2003, and Michael Wolff was
appointed Trustee of the bankruptcy estate.  Some of FirstPay's
former clients filed proofs of claim against the bankruptcy estate,
prompted by the U.S. government's efforts to collect taxes from
them that they had already remitted to FirstPay but which remained
unpaid.


FOLTS HOME: Selling Nursing Home Facilities to Upstate for $9.5M
----------------------------------------------------------------
Folts Home and Folts Adult Home, Inc. have sought protection under
Chapter 11 of the Bankruptcy Code in order to implement a sale of
their nursing home and adult home facilities as going concerns
pursuant to Section 363 of the Bankruptcy Code and to address their
numerous significant pre-receivership claims.

Each of the Debtors filed a voluntary petition in the U.S.
Bankruptcy Court for the Northern District of New York on Feb. 16,
2017.  The Debtors are seeking joint administration of their cases
under the Lead Case No. 17-60139, before Judge Diane Davis.

Folts Home is a New York not-for-profit corporation and the owner
of a 163-bed long-term residential health care and rehabilitation
facility located at 100-122 North Washington Street, Herkimer, New
York. FAH, also known as Folts-Claxton, is a New York
not-for-profit corporation and the owner of an 80-bed adult
residential center that was constructed in 1998 and is located at
104 North Washington Street, Herkimer, New York. Folts Home
currently has 218 active employees while FAH has 22.

"The Debtors commenced the Chapter 11 cases in light of their
financial inability to continue operating the Facilities, the fact
that they have encountered operating losses since 2011, and their
desire to sell the Facilities to a qualified purchaser," said
Anthony E. Piana, DDS, the chairman and a member of the Board of
Directors of Folts Home and the secretary and a member of the Board
of Directors of FAH, in an affidavit filed with the Court.

Mr. Piana related that the Debtors were left in financial distress
as a result of the “irregular financial dealings and
mismanagement” of their former Chief Executive Officer Ralph Reid
and Chief Operating Officer Ernest Orts. The irregularities was
discovered in late September 2012 which led to the dismissal of
both Mr. Reid and Mr. Orts effective Oct. 12, 2012.

A week prior to the Petition Date, the Debtors executed an asset
purchase agreement with Upstate Service Group, LLC pursuant to
which Upstate, as stalking horse bidder, will purchase
substantially all of the Debtors’ assets (including the
Facilities), for at least $9,500,000, subject to higher and better
offers.

Upstate had acted as receiver of the Debtors’ Facilities pursuant
to an order issued by the New York State Department of Health on
Oct. 1, 2013. Upstate was selected to act as the receiver for both
Facilities, primarily due to its interest in purchasing the
Facilities and continuing the Debtors’ mission of providing
skilled nursing care in the Herkimer area.  The Upstate
receiverships terminated on Feb. 13, 2015, as the parties were
unable to reach a satisfactory agreement concerning the purchase
terms.

In Mid-2016, Upstate renewed its interest in acquiring the
Facilities as The HomeLife Companies, Inc. of Delaware, Ohio, the
receiver currently operating Folts, indicated to the Debtors that
it will be unable to close the proposed purchase under the April
17, 2014, APA by March 2, 2017, which results in the termination of
the HomeLife APA.

As of the Petition Date, there are two categories of creditor
claims associated with the Facilities: (i) the unpaid claims
accrued by Folts Home and FAH that arose prior to the commencement
of the receiverships on Oct. 1, 2013 and (ii) the claims accrued by
HomeLife in its name in accordance with the terms of the HomeLife
Receivership Agreements.

According to Court papers, the Pre-Receivership Claims include the
two United States Department of Housing and Urban Development
mortgages totaling $15,498,899, liabilities to taxing authorities
aggregating $1,000,000, unpaid cash receipts assessments and
recoupment claims owed to the DOH totaling $3,700,000 and trade
vendor claims totaling $2,000,000. The HomeLife Liabilities
currently total $285,902 on behalf of Folts Home and $3,680 on
behalf of FAH.

The Debtors anticipate that HomeLife will continue to pay the
HomeLife Liabilities in the ordinary course of business using the
receivables generated by its receiverships and collected in
connection with the operation of the Facilities. The Debtors will
treat the Pre- Receivership Claims in context of their Chapter 11
cases.

To avoid the significant risks of resignations and of discontent or
loss of morale among essential employees, and in view of the
priority awarded to wage claims, the Debtors seek authority to pay
prepetition wages, salaries and benefits. The Debtors said they
require the continued service of their employees in order to ensure
that the continuity and quality of their business operations will
not be threatened and so that they may continue, without
unnecessary interruption, their efforts to achieve a successful
sale of the Facilities as going concerns.

Bond, Schoeneck & King, PLLC serves as attorneys to the Debtors.


FOREST PARK FORT WORTH: Files Chapter 11 Plan of Liquidation
------------------------------------------------------------
Forest Park Medical Center at Fort Worth, LLC, filed with the U.S.
Bankruptcy Court for the Northern District of Texas a disclosure
statement with respect to its plan of liquidation, dated Feb. 16,
2017.

Class 1 under the plan consists of holders of allowed general
unsecured claims other than the holders of Class 3 insider claims.


Holders of allowed Class 1 claims will receive a beneficial
interest in the Liquidating Trust.  This beneficial interest will
entitle Class 1 claimants to receive a pro rata share of any
distribution allocable to holders of general unsecured claims pari
passu with holders of allowed Class 3 insider claims and Jefe
Plover in the event that Jefe Plover is determined to have an
allowed unsecured claim.

In determining the pro rata share of any distribution to be made to
the holders of any allowed class 1 claims, the Liquidating Trustee
will also take into account any equitable subordination or
recharacterization applicable to all or any portion of any allowed
Class 1 claim, allowed Class 3 claim and allowed Class 4 claim,
either by contract or based on an order of the Bankruptcy Court.

Class 3 consists of insider claims which constitute general
unsecured claims and specifically includes any general unsecured
claim by Jefe Plover, FPMC Services, Vibrant FW or Vibrant
Holdings.

Class 3 is divided into 2 subclasses: 3A which consists of all
allowed claims not subject to Equitable Subordination and 3B which
consists of all Class 3 claims determined by the Bankruptcy Court
to be subject to Equitable Subordination. All class 3 claims will
be and remain subject to all Estate Defenses and all Estate claims,
both as offsets and for an affirmative recovery against the holder
of any class 3 claim.

Holders of allowed Class 3 claims will receive a beneficial
interest in the Liquidating Trust. This beneficial interest will
entitle Class 1 claimants to receive a pro rata share of any
distributions on account of allowed general unsecured claims pari
passu with holders of allowed Class 1 claims.

All distributions to be made under the plan will be made by the
Liquidating Trustee in the manner provided in the plan,
confirmation order, and the liquidating trust agreement.

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

       http://bankrupt.com/misc/txnb16-40198-11-575.pdf

         About Forest Park Medical Center at Fort Worth

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.


FOREST PARK MEDICAL: Plan Confirmation Hearing Set for April 11
---------------------------------------------------------------
Forest Park Medical Center, LLC, filed with the U.S. Bankruptcy
Court for the Northern District of Texas on Feb. 20, 2017, a
disclosure statement for holders of claims in Class 1 in connection
with the Debtor's first amended plan of liquidation.

The Court has set a hearing on confirmation of the Plan for April
11, 2017, at 9:30 a.m. Central Time.  Objections to the
confirmation of the Plan or the Disclosure Statement, if any, must
be filed by April 5, 2017.

The funding for the Plan comes from two sources: the HCA Proceeds
(amounting to approximately $400,000, after the payment ad valorem
tax claims) and the consenting secured creditors' carve-out
(originally amounting to approximately $2,200,000).  Distributions
to certain holders of allowed claims in Class 1 and Class 3 are
being effectuated by the reallocation of funds that would otherwise
be distributed to the Other Entities on account of their Allowed
Administrative Claims.  Distributions to holders of Allowed
Professional Fee Claims and the Financing Claim and payment of all
Wind Down Expenses are being funded from a partial reallocation of
funds that would otherwise be distributed to the Other Entities on
account of their Allowed Administrative Claims and utilization of
the HCA Proceeds (following payment ad valorem tax claims).

The Debtor is proposing to pay certain amounts to 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 in connection with the
Debtor's First Amended Plan of Liquidation, dated Jan. 20, 2017.

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
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 the holder
         without interest, fees or charges;

    (II) minus any amounts paid to holder on account of any TWC
         Order in favor of holder; and

    (III) plus $500.

However, the amounts in (I) and (II), when combined, may not exceed
$12,475, because the U.S. Bankruptcy Code limits the maximum amount
of priority claims that any individual may assert against a debtor
in bankruptcy to $12,475.00.  

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) the holder's allowed unpaid wage, salary, personal
         service or commission claims which arise out of the
         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; and

    (II) plus $500.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/txeb16-40302-325.pdf

The voting deadline is March 29, 2017.

            About Forest Park

Forest Park Medical Center, LLC, based in Dallas, Texas, sought
Chapter 11 bankruptcy protection (Bankr. E.D. Tex. Case No.
16-40302) on February 21, 2016.  The Debtor estimated $10 million
to $50 million in both assets and liabilities.  The petition was
signed by David Genecov, chairman of the Board of Managers. Howard
Marc Spector, Esq., at Spector & Johnson PLLC, serves as counsel
to
the Debtor.


FORMOSA PLANTATION: Wants to Extend Plan Filing Period to May 24
----------------------------------------------------------------
Formosa Plantation, LLC requests the U.S. Bankruptcy Court for the
Eastern District of Louisiana to extend by 90 days the exclusive
periods within which the Debtor has to file a Chapter 11 Plan and
obtain acceptance of that plan, through May 24, 2017, and July 23,
2017, respectively.

The Debtor submits that significant contingencies remain with
respect to its negotiations with SLB regarding alleged debts owed
to SLB as well as those debts and claims of the Debtor which
involve a litigation now pending before the District Court and the
related claims presented in Adversary Proceeding No. 17-01001
pending before the Bankruptcy Court.

The Debtor relates that it is in the midst of discussions with its
secured creditors.  As such, the Debtor needs additional time to
conduct its negotiations and to resolve issues regarding the claims
between and among the Debtor and SLB and other related and
individuals.  The Debtor also needs additional time to complete a
business plan and incorporate the results of those efforts into a
viable plan of reorganization.

                        About Formosa Plantation

Formosa Plantation, LLC, based in Cut Off, La., filed a Chapter 11
petition (Bankr. E.D. La. Case No. 16-12645) on Oct. 26, 2016.  The
petition was signed by Anthony J. Guilbeau, Jr., member.  Judge
Elizabeth W. Magner presides over the case.  In its petition, the
Debtor estimated $1 million to $10 million in both assets and
liabilities.  

The Debtor is represented by Christopher T. Caplinger, Esq., at
Lugenbuhl, Wheaton, Peck, Rankin & Hubbard.  The Debtor tapped Alan
H. Goodman, Esq. at Breazeale, Sachse & Wilson LLP as its special
counsel, and Mitchell C. Compeaux, CPA as accountant.


FORT IRWIN: Moody's Affirms Ba2 Rating on Class III Bonds
---------------------------------------------------------
Moody's Investors Service has affirmed the A2 rating on the Fort
Irwin Land LLC, CA's Military Housing Revenue Class I Bonds, Series
2005A, the Baa1 rating on the Class II bonds and the Ba2 rating on
the Class III bonds and changed the outlook on the Class I and
Class II ratings to positive. The outlook on the Ba2 rating remains
positive. The rating affirmations and the change in outlooks are
based upon recent increases in the BAH, solid debt service
coverage, and stable occupancy rates.

Rating Outlook

The outlook on the Classes I and II ratings has been moved to
positive from stable due to the substantial increase in BAH of 10%
received as of 2017, which is anticipated to add a significant
amount of revenue in 2017. The outlook on the Ba2 rating remains
positive.

Factors that Could Lead to an Upgrade

Increase in debt service coverage per tranche as of the 2016 audit
and in the first quarter of 2017, combined with stable or
increasing occupancy in 2017

Factors that Could Lead to a Downgrade

Declines in debt service coverage or occupancy, a decrease in the
BAH, or a tap to the debt service reserve surety

Legal Security

The bonds are special limited obligations of the issuer, and as
such the bonds are secured solely by the revenues and trust estate
assets pledged to bondholders.

Use of Proceeds

Not applicable.

Obligor Profile

The issuer is Fort Irwin Land, LLC. The Borrower is California
Military Communities LLC, CA, which was formed to rehabilitate
existing housing and construct new housing for the project.

Methodology

The principal methodology used in this rating was Global Housing
Projects published in December 2015.



FOUR SEASONS LANDSCAPE: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------------------
The Office of the U.S. Trustee on Feb. 23 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Four Seasons Landscape
Management Inc.

                 About Four Seasons Landscape

Four Seasons Landscape Management Inc. sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N. D. Ga. Case No.
17-10114) on Jan. 19, 2017.  The petition was signed by Richard
Santiago, CEO.  

The case is assigned to Judge Homer W. Drake.

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

J. Nevin Smith, Esq., at Smith Conerly LLP serves as the Debtor's
bankruptcy counsel.


FREEDOM COMMUNICATIONS: Needs Until June 25 to File Ch. 11 Plan
---------------------------------------------------------------
Freedom Communications, Inc., and its affiliated debtors, and the
Official Committee of Unsecured Creditors ask the U.S. Bankruptcy
Court for the Central District of California to further extend the
exclusive periods for the Debtors and the Committee to file a joint
Chapter 11 plan to and including June 25, 2017, and the exclusive
period for the Debtors and the Committee to solicit acceptances of
their joint plan to and including July 27, 2017.

The Debtors relate that since the beginning of these chapter 11
cases, the Debtors have directed their efforts toward marketing
their assets and soliciting offers for the purchase of their
assets.  Consequently, the Debtors are able to secure and close the
sale of substantially all of their to MediaNews Group, Inc., d/b/a
Digital First Media.

The Debtor further relates that since the closing of the Sale, the
Debtors together with the Committee, have focused their attention
on negotiating and formulating a joint chapter 11 plan of
liquidation pursuant to which, among other things, the proceeds of
the Sale and the proceeds of other collections will be distributed.


To assist the Debtors and the Committee in formulating a plan an
accurate amount of estimated liabilities needs to be determined,
the Debtors have continued to review other claims filed against its
estates for other potential objections, and the Debtors have
continued to file claim objections. The Claim Objections are
scheduled to be heard on March 6, 2017.

In addition, the Debtors have obtained the Court's authorization to
reject certain unexpired leases, through which, the Debtors'
obligations to perform under the certain unexpired leases and
executory contracts have been eliminated, and prevented the accrual
of any additional potential administrative expense obligations
without any benefit to the Debtors' estates.

The Debtors also relate that OC Media Tower, L.P. initiated an
adversary proceeding against Debtors Freedom Communications, Inc.
and Freedom SPV II, Inc., seeking among others, to invalidate a
lien against the proceeds from the Sale.  But on Jan. 18, 2017, the
adversary action has been settled, and the Settlement Motion has
been heard and granted by the Court on Feb. 8, 2017.

The settlement resolved the issues including the validity, extent
and priority of the $2.145 million lien asserted by OC Media
against the Debtors' assets, the calculation of OC Media's asserted
$13.8 million lease rejection damage claim, and the resolution of
the various claims and causes of action against the OC Media
Parties related to certain monetary and non-monetary transfers
received by the OC Media Parties prior to the commencement of the
Chapter 11 Cases, as well as released any and all other claims or
causes of action between and among the Parties.  An order
dismissing the adversary proceeding will be submitted to the Court.


Moreover, LMG National Publishing filed a complaint on Jan. 31,
2017, for conversion, declaratory judgment regarding ownership of
property and declaratory judgment regarding resulting trust against
debtors Victor Valley Publishing Company, Victorville Publishing
company, Daily Press, LLC, Freedom Communications, Inc., Freedom
SPV I, LLC and Freedom SPV V., LLC, and was assigned adversary
number 8:17-ap-01016.  The deadline for the LMG Defendants to file
their responsive pleading to the LMG Adversary proceeding will be
March 3, 2017.  As such, the Debtors will be assessing the impact
of the LMG Adversary proceeding, if any, on the plan process.

The Debtors contend that they continue to actively pursue the
recovery of substantial tax refunds from the State Board of
Equalization.  This process may include Bankruptcy Court
intervention.

Under these circumstances, the Debtors tell the Court that an
extension of exclusivity will facilitate the Cases moving forward
towards a fair and equitable resolution, which is the ultimate
purpose of exclusivity.

               About Freedom Communications

Headquartered in Santa Ana, California, Freedom Communications,
Inc., owns two daily newspapers -- The Press-Enterprise in
Riverside, California and The Orange County Register in Santa Ana,
California.

Freedom Communications and 24 of its affiliates sought Chapter 11
bankruptcy protection in California with the intention of selling
their assets to a group of local investors led by Rich Mirman,
Freedom's chief executive officer and publisher.

Headquartered in Santa Ana, California, Freedom owns two daily
newspapers -- The Press-Enterprise in Riverside, Calif. and The
Orange County Register in Santa Ana, Calif.

Freedom Communications, Inc., et al., filed Chapter 11 bankruptcy
petitions (Bankr. C.D. Cal. Proposed Lead Case No. 15-15311) on
Nov. 1, 2015.  Richard E. Mirman signed the petition as chief
executive officer.  Freedom Communications Holdings estimated both
assets and liabilities in the range of $10 million to $50 million.

The Debtors are represented by William N. Lobel, Esq., Alan J.
Friedman, Esq., Beth E. Gaschen, Esq., and Christopher J. Green,
Esq., at Lobel Weiland Golden Friedman LLP serves as the Debtors'
counsel.

The Debtors employed GlassRatner Advisory & Capital Group LLC as
their financial advisor and consultant. The Debtors retained
Donlin, Recano & Company, Inc., as the noticing, claims and
balloting/solicitation agent.

The Official Committee of Unsecured Creditors is represented in the
case by Robert J. Feinstein, Esq. and Jeffrey W. Dulberg, Esq., at
Pachulski Stang Ziehl  & Jones LLP.


FRESH ICE CREAM: Taps DelBello Donnellan as Legal Counsel
---------------------------------------------------------
The Fresh Ice Cream Company LLC seeks approval from the U.S.
Bankruptcy Court for the Eastern District of New York to hire legal
counsel in connection with its Chapter 11 case.

The Debtor proposes to hire DelBello Donnellan Weingarten Wise &
Wiederkehr, LLP to give legal advice regarding its duties under the
Bankruptcy Code, negotiate with creditors, give advice regarding
any potential sale of its business, prepare a bankruptcy plan, and
provide other legal services.

The hourly rates charged by the firm are:

     Attorneys       $410 - $620
     Law Clerks             $200
     Paraprofessionals      $150

DelBello does not hold or represent any interest adverse to the
Debtor's bankruptcy estate, and is a "disinterested person" as
defined in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Jonathan S. Pasternak, Esq.
     Erica R. Aisner, Esq.
     DelBello Donnellan Weingarten
     Wise & Wiederkehr, LLP
     One North Lexington Avenue
     White Plains, NY 10601
     Phone: (914) 681-0200

                  About Fresh Ice Cream Company

The Fresh Ice Cream Company LLC sought protection under Chapter 11
of the Bankruptcy Code (Bankr. E.D.N.Y. Case No. 17-40716) on
February 17, 2017.  The petition was signed by David Stein,
managing member.  The case is assigned to Judge Elizabeth S.
Stong.

At the time of the filing, the Debtor disclosed $1.32 million in
assets and $6.31 million in liabilities.


FUNCTION(X) INC: Plans to Offer $6 Million Common Shares
--------------------------------------------------------
Function(x), Inc. filed a free writing prospectus statement with
the Securities and Exchange Commission relating to the proposed
offering of $6 million worth of common shares (15% over-allotment).
The Company intends to use the proceeds of the offering to repay
indebtedness and for general working capital.
Aegis Capital Corp. and Laidlaw & Company (UK) Ltd. serve as the
joint bookrunning managers.  A full-text copy of the preliminary
prospectus is available for free at https://is.gd/RWMPM0

                     About Function(x)Inc.

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

The Company incurred a net loss of $63.68 million for the year
ended June 30, 2016, compared to a net loss of $78.53 million for
the year ended June 30, 2015.  As of Sept. 30, 2016, Function(x)
had $33.07 million in total assets, $27.51 million in total
liabilities and $5.55 million in total stockholders' equity.

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


GASTAR EXPLORATION: Inks $425-Mil. Investment Pact with Ares
------------------------------------------------------------
Gastar Exploration Inc. announced that it has entered into a
definitive securities purchase agreement with funds managed by
affiliates of Ares Management, L.P., that provides for $425 million
in new financing to the Company in the form of a $250 million
secured term loan, $125 million secured convertible notes and a $50
million common stock issuance.  Proceeds from the Ares Investment
will be used to fully repay Gastar's existing $70.4 million
revolving credit facility and redeem its $325 million senior
secured notes due May 2018.  The closing and funding of the Ares
Investment, which is expected this month, is subject to the
finalization of security and collateral documentation and the
satisfaction of customary conditions precedent to funding.

The Ares Investment key terms are as follows:

   * $250 million first lien secured term loan, 8.5% interest,
     maturing March 2022;

   * $125 million second lien secured convertible notes, 6.0%
     interest, convertible, upon receipt of stockholder approval,
     at an initial conversion price of $2.21 per share at the
     option of the holder, maturing March 2022; and

   * 29,408,305 common shares issued at $1.7002 per share
     representing the 30-day volume weighted average sales price
     as of Feb. 15, 2017.

If the conversion rights of the convertible notes are not approved
by Gastar's stockholders within four months, the convertible notes
will not become convertible and will begin bearing interest at
15.0% as a straight high-yield debt obligation.  In connection with
the closing of the Ares Investment, Gastar expects to call for
redemption of all of its outstanding $325 million principal of its
8.625% senior secured notes due May 15, 2018, in accordance with
their terms.

Ares will be granted the right to nominate, following closing, up
to two directors to an expanded board of eight directors subject to
certain minimum stock ownership requirements.

Commenting on the transaction, J. Russell Porter, Gastar's
president and chief executive officer, said, "We are extremely
pleased to welcome Ares as a financing partner and as an equity
sponsor.  This transaction will allow Gastar to fully delineate our
STACK position across multiple productive formations, as well as to
pursue strategic M&A opportunities in the Mid-Continent. While this
new capital structure does not provide an immediate, comprehensive
resolution to our leverage position, we believe it establishes a
very achievable path toward further de-levering our balance sheet
through a combination of increasing cash flow from drilling
operations as well as the potential conversion of the $125 million
secured convertible notes, which were priced at an attractive
premium to our current share price."

Mr. Porter continued, "The fact that a firm with Ares' experience
and successful track record is choosing to invest $425 million in
Gastar is a testament to the quality of our assets and our entire
team.  We are pleased to welcome Nate Walton and Ronnie Scott to
Gastar's Board of Directors in the near future and look forward to
working with them."

Mr. Walton, a partner at Ares, also commented on the transaction,
"Through this investment in Gastar, we look forward to working
together to unlock the value in its attractive STACK assets.  We
believe that access to capital, combined with Gastar's outstanding
assets, management and staff, provides an opportunity to create
substantial value for all of Gastar's stakeholders."

Seaport Global Securities LLC served as financial advisor and
placement agent and Vinson & Elkins L.L.P. served as legal advisor
to the Company.  Tudor, Pickering, Holt & Co. served as financial
advisor and Latham & Watkins LLP served as legal advisor to Ares.

                       Operations Update

Gastar also announced additional well results from recent STACK
drilling activities.  Under its previously announced drilling joint
venture, Gastar has now drilled and completed eight Meramec wells
and has drilled, but not yet completed, seven Meramec wells and one
Osage well.  Of the eight wells, six wells are in various stages of
initial flow back prior to reaching their initial peak production
rates.

Two of the Meramec wells, the Ingle 29-1H and the Geis 31-1H, have
achieved initial peak production rates of 1,037 (81% oil) and 877
(69% oil) barrels of oil equivalent per day, respectively.  Gastar
is currently drilling the 15th and 16th wells in the initial
20-well tranche of the drilling joint venture and expects to
release additional results concurrent with its future quarterly
earnings announcements.

Outside Gastar's drilling joint venture, the Company has recently
drilled and completed one Osage well and one Oswego well.
Gastar’s initial Osage well, the McGee 29-1H located in southern
Garfield County, Oklahoma, had an IP rate of 414 BOE per day (80%
oil) and a post-peak IP 30-day rate of 353 BOE per day (74% oil).
The McGee 29-1H well was drilled in the lower Osage with its
production rate impacted by approximately 30% of the wellbore being
completed outside of the primary target zone.  The McGee 29-1H well
was cored through the Osage and Woodford formations and that
information was used to re-target the remaining 70% of the lateral
into the primary target zone.  The core information also confirmed
the presence of an upper Osage target that will be tested in future
wells.

Gastar's preliminary 2017 capital budget includes the drilling of
14 additional Osage wells in Kingfisher and Garfield Counties,
Oklahoma outside of the drilling joint venture area.

Gastar's initial Oswego well, the Tomahawk 7-1H, located in
Kingfisher County, Oklahoma, realized an IP rate of 418 BOE per day
(100% oil) and a post-peak IP 30-day rate of 262 BOE per day (98%
oil).  Gastar's 2017 preliminary drilling budget currently does not
include additional operated Oswego wells, however, Gastar is
participating in one Oswego well being drilled by another operator
in the area.

Additional details regarding Gastar's well results are available on
its website.

                       Year-End Reserves

Gastar's year-end 2016 Securities and Exchange Commission proved
reserves totaled 25.6 million BOE comprised of 54% oil and
condensate, 25% natural gas and 21% natural gas liquids.  Total
proved reserves declined from year-end 2015 by 30.3 million BOE, of
which 14.8 million BOE was related to the sale of the Company’s
assets in the Appalachian Basin. The remainder of the reserve
decline was primarily the result of the removal of Hunton proved
undeveloped locations as the Company now focuses its current and
future capital activity on drilling Meramec and Osage wells to hold
acreage by production and delineate its STACK position. Proved
developed reserves represented 51% of total proved reserves and
declined from 2015 by approximately 594,000 BOE, excluding the
impact of the sale of the Company’s assets in the Appalachian
Basin.

The SEC-priced pre-tax PV-10 (a non-GAAP financial measure defined
at the end of this news release) was $141.3 million.  The
calculation of the PV-10 value of Gastar's proved reserves for
year-end 2016 used the SEC benchmark average 12-month pricing of
$42.75 per barrel of oil and $2.48 per MMBtu of natural gas.

                2017 Capital Plan and Liquidity

Gastar's 2017 capital budget is approximately $84.0 million
comprised of $46.0 million of drilling and completion costs, $30.8
million in leasing costs and $7.2 million for capitalized interest
and administration costs.  The Company currently operates
approximately 92% of its drilling and completions budget.
Additional details regarding Gastar’s capital budget are
available on its website.

Gastar ended 2016 with approximately $71.5 million of cash and
$84.6 million of debt outstanding under the revolving credit
facility.  To date, the Company has issued approximately 24.0
million common shares under its at-the-market program for net
proceeds of $32.8 million.  The ATM proceeds were used primarily to
catch-up preferred dividend payments and associated pay down of the
revolving credit facility.  There are no current plans to issue any
additional common shares under the ATM program. Gastar expects to
fund its 2017 capital program through existing cash balances,
recent financing activities and internally generated cash flow from
operating activities.

Additional details regarding the Ares Investment, year-end 2016
reserves, 2017 capital plan and recent well results are available
for download from the Events & Presentations section of Gastar's
website at www.gastar.com.

Gastar had scheduled a conference call last Feb. 17, 2017.

For more information, please contact Donna Washburn at
Dennard-Lascar Associates at 713-529-6600 or e-mail
dwashburn@dennardlascar.com.

Additional information is available for free at:

                     https://is.gd/Gxrzea

                   About Gastar Exploration

Houston, Texas-based Gastar Exploration Inc. --
http://www.gastar.com/-- is an independent energy company engaged
in the exploration, development and production of oil, condensate,
natural gas and natural gas liquids in the United States.  Gastar's
principal business activities include the identification,
acquisition, and subsequent exploration and development of oil and
natural gas properties with an emphasis on unconventional reserves,
such as shale resource plays.  

Gastar Exploration reported a net loss attributable to common
stockholders of $473.98 million for the year ended Dec. 31, 2015,
compared to net income attributable to common stockholders of
$36.52 million for the year ended Dec. 31, 2014.

As of Sept. 30, 2016, Gastar Exploration had $300.0 million in
total assets, $461.0 million in total liabilities and a total
stockholders' deficit of $161.1 million.

                          *      *      *

As reported by the TCR on March 15, 2016, Standard & Poor's Ratings
Services lowered its corporate credit rating on Gastar Exploration
to 'CCC-' from 'CCC+'.  The downgrade follows Gastar's announcement
that it had just $29 million of cash on hand and a fully drawn
revolver.  The company's borrowing base current stands at $180
million, but will be reduced to $100 million at the earlier of the
close of the Appalachian asset sale or April 10, 2016.  Proceeds
from the Appalachian asset sale are expected to be $80 million.

In June 2016, Moody's Investors Service downgraded the Corporate
Family Rating of Gastar to 'Caa3' from 'Caa1'.  The rating outlook
was changed to 'negative' from 'stable'.  The downgrade of Gastar's
CFR to Caa3 reflects the company's weakened liquidity and reduced
size following the sale of its Appalachian assets in April 2016.


GASTAR EXPLORATION: S&P Affirms 'CCC-' CCR; Outlook Negative
------------------------------------------------------------
S&P Global Ratings affirmed its 'CCC-' corporate credit rating on
U.S.-based oil and gas exploration and production (E&P) company
Gastar Exploration Inc.  The outlook is negative.

At the same time, S&P affirmed its 'CC' issue-level rating on the
company's senior secured debt.  The recovery rating on this debt is
'5', indicating S&P's expectation of modest (10%-30%; rounded
estimate 25%) recovery in the event of a payment default.

Gastar Exploration recently announced a financing partnership with
fund manager Ares Management LLC, which has agreed to refinance the
company's outstanding debt with new debt and new equity.

"The affirmation reflects our view that despite the recently
announced transactions, Gastar could be at risk of defaulting in
2017 unless it secures additional financing," said S&P Global
Ratings credit analyst Kevin Kwok.  "We do not expect cash on hand
pro forma for the Ares refinancing and internally generated cash
flows to cover full capital spending this year," said Mr. Kwok.

At the same time, although S&P expects the credit facility to be
fully repaid following the close of the Ares transaction, this
facility is subject to redetermination in the spring of 2017 and
matures in November 2017 with a possibility of removing the credit
facility entirely before maturity.  Finally, S&P believes credit
metrics will remain unsustainable over the next few years given the
fall in the company's production and cash flow.

The negative outlook reflects S&P's expectation that, unless the
company secures additional financing, liquidity will remain weak
and leverage measures will continue to deteriorate in 2017 due to
lower production from the Appalachian asset sales and higher
capital spending.

S&P would consider a downgrade if the company missed an interest
payment or filed for bankruptcy.

S&P could raise the rating if it no longer expected Gastar to
default within the next 6 to 12 months.  This would most likely
occur if the company was able to secure additional financing to
fund its capital spending program.



GAWKER MEDIA: Objects To IRS & NY City Claims; March 22 Hearing Set
-------------------------------------------------------------------
Gawker Media LLC filed with the U.S. Bankruptcy Court for the
Southern District of New York an objection to the claims of
Internal Revenue Service and the New York City Department of
Finance.  

A hearing on the objections will be held on March 22, 2017 at 10:00
a.m. (Eastern Time).  Responses to the objections must be filed by
March 13, 2017, at 4:00 p.m. (Eastern Time).

Pete Brush, writing for Bankruptcy Law360, reports that the Debtor
told Judge Stuart M. Bernstein on Feb. 17 that it should not have
to set aside $2.5 million in potential liabilities to the IRS or
$1.2 million for New York City tax collectors.  The Debtor, Law360
relates, argued that it has paid the federal government in full and
owes the city a maximum of $9,250.  "Speculative" federal tax
claims lodged in October 2016 will only delay the planned
liquidation, Law360 states, citing the Debtor.

Pursuant to the Plan, the Debtor reserved approximately $2.5
million to satisfy the IRS Claims.  This reserve was agreed to by
the IRS to be the maximum amount of liability that the Debtor would
have to the IRS for the 2014 and 2015 tax years.  If those funds
are not needed to pay the IRS Claims, the Debtor anticipates
distributing them in respect of an intercompany note to Gawker
Hungary (unless those funds are needed for other bankruptcy claims
and expenses of the Debtor).

Prior to the Petition Date, the Debtor filed all required federal
income tax returns for the tax years 2013, 2014 and 2015 and paid
all taxes shown on, and additional amounts associated with, those
returns.  The Debtor is asking the Court to determine that the
Debtor has no income tax liability for the 2013, 2014 and 2015 tax
years.

Prior to the Petition Date, Gawker Media filed all required NYC
income tax returns for the tax years 2013, 2014 and 2015 and paid
all taxes shown on, and additional amounts associated with, those
returns except for a small balance for the 2015 tax year, which is
$9,250.

A copy of the objections are available at:

          http://bankrupt.com/misc/nysb16-11700-769.pdf
          http://bankrupt.com/misc/nysb16-11700-770.pdf

                      About Gawker Media

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

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

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

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

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

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

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

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

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

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


GEMINI PROPERTY: Disclosures OK'd, Plan Hearing on April 5
----------------------------------------------------------
Judge Robert E. Littlefield, Jr., of the U.S. Bankruptcy Court for
the Northern District of New York approved Gemini Property
Management, LLC's amended disclosure statement referring to its
chapter 11 plan filed on Feb. 10, 2017.

March 29, 2017, is fixed as the last day for filing written
acceptances or rejections of the plan.

Hearing on the confirmation of the plan is set for 10:30 a.m. on
April 5, 2017, at the U.S. Courthouse, 445 Broadway, Suite 306,
Albany New York.

Written objections to confirmation of the plan must be filed no
later than 7 days prior to the confirmation hearing.

As reported by the Troubled Company Reporter, under the amended
plan, general unsecured creditors will receive a distribution of 5%
of their allowed claims to be distributed in five equal annual
installments. The Debtor said it has no general unsecured
creditors.

A full-text copy of the amended disclosure statement is available
at:

         http://bankrupt.com/misc/nynb16-10331-1-56.pdf

               About Gemini Property Management

Gemini Property Management, LLC, filed for Chapter 11 bankruptcy
protection (Bankr. N.D.N.Y. Case No. 16-10331) on Feb. 29, 2016,
estimating its assets at between $500,001 and $1 million and its
liabilities at between $100,001 and $500,000. Tully Rinckey
PLLC serves as the Debtor's bankruptcy counsel.


GERALEX INC: Unsecureds to Get $25K-$65K Annually Under Latest Plan
-------------------------------------------------------------------
Geralex, Inc., filed with the U.S. Bankruptcy Court for the
Northern District of Illinois a disclosure statement for their
fourth amended plan of reorganization, dated Feb. 15, 2017, which
proposes to pay unsecured creditors $25,000 to $65,000 annually.  

Under the latest plan, Class 3 consists of all unsecured
non-priority claims.  Class 3 claimants will be paid their pro-rata
share of $25,000 to $65,000 annually from an Unsecured Creditor
Escrow Account. Payments will begin on May 15, 2018, and will be
made on May 15 for 2019, 2020, and 2021.

The previous plan proposed to pay unsecured creditors in full
within 52 months.

Class 4 convenience claims consist of all Unsecured Claims of
Creditors that are owed less than $2,000, or that have elected to
reduce their Allowed Unsecured Claim to less than $2,000, by making
a Convenience Class Election on the Ballot. Holders of Class 4
Claims will be paid full within 15 days of the Effective Date.

Convenience claimants are a new addition to this plan as they
weren't mentioned in the previous plan. Class 4 was formerly
designated to equity interest holders who are now under class 5.

The Plan provides that all the Debtor's assets will vest in the
Reorganized Debtor, free and clear of all liens, claims, interests,
and encumbrances, except as otherwise provided in the Plan or
confirmation order.

A copy of the latest Disclosure Statement is available at:

         http://bankrupt.com/misc/ilnb16-06479-122.pdf

                        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.


GUIDED THERAPEUTICS: Issues $170,000 Convertible Note to Auctus
---------------------------------------------------------------
Guided Therapeutics, Inc. entered into a securities purchase
agreement with Auctus Fund, LLC for the issuance and sale to Auctus
of $170,000 in aggregate principal amount of a 12% convertible
promissory note for an aggregate purchase price of $156,400
(representing a $13,600 original issue discount).  On Feb. 13,
2017, the Company issued the note to Auctus.  Pursuant to the
purchase agreement, the Company also issued to Auctus a warrant
exercisable to purchase an aggregate of 200,000 shares of the
Company's common stock.

Pursuant to the purchase agreement, Auctus may not engage in any
"short sale" transactions of the Company’s common stock.

The purchase agreement contains customary representations,
warranties and covenants by, among and for the benefit of the
parties.  The purchase agreement also provides for customary
indemnification of Auctus by the Company.

The warrant is exercisable at any time, at an exercise price per
share equal to $0.77 (110% of the closing price of the common stock
on the day prior to issuance), subject to certain customary
adjustments and price-protection provisions contained in the
warrant.  The warrant has a five-year term.

The note matures nine months from the date of issuance and, in
addition to the original issue discount, accrues interest at a rate
of 12% per year.  The Company may prepay the note, in whole or in
part, for 115% of outstanding principal and interest until 30 days
from issuance, for 125% of outstanding principal and interest at
any time from 31 to 60 days from issuance, and for 130% of
outstanding principal and interest at any time from 61 days from
issuance to 180 days from issuance.

After six months from the date of issuance, Auctus may convert the
note, at any time, in whole or in part, into shares of the
Company's common stock, at a conversion price equal to the lower of
the price offered in the Company's next public offering or a 40%
discount to the average of the two lowest trading prices of the
common stock during the 20 trading days prior to the conversion,
subject to certain customary adjustments and price-protection
provisions contained in the note.

The note includes customary events of default provisions and a
default interest rate of 24% per year.  Upon the occurrence of an
event of default, Auctus may require the Company to redeem the note
(or convert it into shares of common stock) at 150% of the
outstanding principal balance plus accrued and unpaid interest.

In connection with the transaction, the Company agreed to reimburse
Auctus for $30,000 in legal and diligence fees, of which the
Company paid $10,000 in cash and $20,000 in restricted shares of
common stock, valued at $0.40 per share (a 42.86% discount to the
closing price of the common stock on the day prior to issuance).

The Company used a placement agent in connection with the
transaction.  For its services, the placement agent received a cash
placement fee equal to 10% of the net proceeds from the
transaction.

The issuance of the note, the warrant and the shares of common
stock under the purchase agreement was exempt from the registration
requirements of the Securities Act, pursuant to the exemption for
transactions by an issuer not involving any public offering under
Section 4(a)(2) of the Securities Act of 1933, as amended.  In
making this determination, the Company relied on the
representations of Auctus in the purchase agreement that it is an
"accredited investor" and had access to information about its
investment and about the Company.  Should the note and warrant be
converted into shares of common stock, the issuance of the shares
of common stock would be exempt from the registration requirements
of the Securities Act pursuant to the exemption for exchange
transactions under Section 3(a)(9) of the Securities Act.

                  About Guided Therapeutics
   
Guided Therapeutics, Inc. (OTC BB and OTC QB: GTHP)
-- http://www.guidedinc.com/-- is developing a rapid and painless  

test for the early detection of disease that leads to cervical
cancer.  The technology is designed to provide an objective result
at the point of care, thereby improving the management of cervical
disease.  Unlike Pap and HPV tests, the device does not require a
painful tissue sample and results are known immediately.  GT has
also entered into a partnership with Konica Minolta Opto to
develop a non-invasive test for Barrett's Esophagus using the
LightTouch technology platform.

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

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


GULFMARK OFFSHORE: FMR LLC Holds 12% Stake as of Feb. 13
--------------------------------------------------------
FMR LLC and Abigail P. Johnson disclosed in an amended Schedule 13G
filed with the Securities and Exchange Commission on Feb. 13, 2017,
that they beneficially own 3,244,530 shares of Class A common stock
of Gulfmark Offshore Inc. which represents 12.018% of the shares
outstanding.  Fidelity Series Intrinsic Opportunities also reported
beneficial ownership of 2,514,000 Class A shares.

Members of the Johnson family, including Abigail P. Johnson, are
the predominant owners, directly or through trusts, of Series
B voting common shares of FMR LLC, representing 49% of the voting
power of FMR LLC.  The Johnson family group and all other Series B
shareholders have entered into a shareholders' voting agreement
under which all Series B voting common shares will be voted in
accordance with the majority vote of Series B voting common shares.
Accordingly, through their ownership of voting common shares and
the execution of the shareholders' voting agreement, members of the
Johnson family may be deemed, under the
Investment Company Act of 1940, to form a controlling group with
respect to FMR LLC.

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

                   https://is.gd/7suu6m

                      About Gulfmark
  
GulfMark Offshore, Inc., a Delaware corporation, was incorporated
in 1996.  The Company provides offshore marine support and
transportation services primarily to companies involved in the
offshore exploration and production of oil and natural gas.  The
Company's vessels transport materials, supplies and personnel to
offshore facilities, and also move and position drilling and
production facilities.  The majority of the Company's operations
are conducted in the North Sea, offshore Southeast Asia and
offshore the Americas.  The Company currently operates a fleet of
73 owned or managed offshore supply vessels, or OSVs, in the
following regions: 30 vessels in the North Sea, 13 vessels offshore
Southeast Asia, and 30 vessels offshore the Americas.  The
Company's fleet is one of the world's youngest, largest and most
geographically balanced, high specification OSV fleets.  The
Company's owned vessels have an average age of approximately nine
years.

Gulfmark reported a net loss of $215 million in 2015 following net
income of $62.4 million in 2014.  As of Sept. 30, 2016, GulfMark
had $1.10 billion in total assets, $583.9 million in total
liabilities and $518.3 million in total stockholders' equity.

                          *     *     *

In January 2017, the TCR reported that S&P Global Ratings raised
its corporate credit rating on U.S.-based offshore service provider
GulfMark Offshore Inc. to 'CCC-' from 'CC'.  The rating outlook is
negative.  "The upgrade follows GulfMark Offshore's announcement on
Dec. 30, 2016, that it has terminated its tender offer to purchase
up to $300 million of its 6.375% senior unsecured notes due 2022 at
below par," said S&P Global Ratings' credit analyst Kevin Kwok.

In February 2016, that Moody's Investors Service downgraded
GulfMark Offshore's Corporate Family Rating (CFR) to 'Caa3' from
'B3', Probability of Default Rating (PDR) to 'Caa3-PD' from
'B3-PD', and senior unsecured notes to 'Ca' from 'Caa1'.


HAMILTON SUNDSTRAND: Bank Debt Trades at 6% Off
-----------------------------------------------
Participations in a syndicated loan under Hamilton Sundstrand
Industrial is a borrower traded in the secondary market at 94.38
cents-on-the-dollar during the week ended Friday, February 17,
2017, according to data compiled by LSTA/Thomson Reuters MTM
Pricing.  This represents a decrease of 0.20 percentage points from
the previous week.  Hamilton Sundstrand pays 300 basis points above
LIBOR to borrow under the $1.675 billion facility. The bank loan
matures on Dec. 10, 2019 and carries Moody's B3 rating and Standard
& Poor's B rating.  The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended February 17.


HBT JV: In Chapter 11 to Sell Honda Dealership Assets
-----------------------------------------------------
HBT JV, LLC, a dealer of American Honda Motor Co., Inc.,
automobiles, sought bankruptcy protection and plans to initiate a
sale process of its dealership assets under Section 363 of the
Bankruptcy Code.

Faced with pending litigation, continued operating losses, an
inability to sell the dealership assets, and ongoing events of
default under the Honda Dealership Agreement, HBT, which operates
as a dealer for Honda since 2011, had no choice but to file the
Chapter 11 case.

The Debtor incurred more than $1 million losses in 2016, $450,000
in January, 2017, and is projected to lose $250,000 in February,
2017. In November, 2016, these losses caused the Debtor to fall
below Honda's net minimum capital requirement, which is an event of
default under the Honda Dealership Agreement, according to court
papers.

In a declaration filed with the court, Richard Stone, vice
president of HBT, disclosed that following a protracted period of
poor performance at the dealership, Kenneth L. Schnitzer, Jr.,
manager of HBT, executed a letter of intent with John Eagle
Lincoln-Mercury, LLP in 2015 to purchase substantially all of the
dealership assets from the Debtor, as well as the real property.
The John Eagle Offer was contingent upon certain things, including
Honda's approval of the proposed sale. The closing of the John
Eagle Offer had to occur within the maximum of 90 days following
the execution of the purchase agreement.

DK8 LLC, owner of 52% membership interest in the Debtor, sent the
John Eagle Offer to Victor Bernal, 48% membership interest owner of
the Debtor, to allow his election under a transfer agreement to
purchase DK8's membership interest on the same terms and conditions
offered by John Eagle for the assets of the Debtor. The parties
ended up in a dispute as Mr. Bernal believes he was entitled to
purchase the assets on modified terms (primarily with no deadline
to close). This led to the filing of a lawsuit by Mr. Bernal on
Jan. 11, 2016, in the 95th Judicial District of Dallas County, with
the Debtor named as a "nominal defendant".

The State Court issued a temporary injunction on March 2, 2016,
enjoining all defendants from "soliciting, entertaining,
negotiating, or entering into any offers, assignments, or any other
agreements seeking to sell, assign, encumber, or otherwise transfer
or attempt to transfer all or any portion of the assets of the
Company, Defendants' interest in the Company, and/or the Land."

Mr. Stone asserted the Debtor continues to incur losses and its
assets continue to deteriorate while it is enjoined from selling
its assets. He projected that the Debtor will have insufficient
working capital to operate its business by the end of May, 2017.

In addition to the dealership's alleged deaults with Honda, the
dealership is also more than $1 million in arrears and in default
on its lease obligations to HBT Land, LLC and the $700,000
promissory note due and owing to DK8 for previous capital loans,
according to court documents.

HBT intends to (i) remove the State Court litigation to the
Bankruptcy Court; (ii) request the Court to dissolve the temporary
injunction to allow it to begin a sales process; (iii) allow an
affiliate of Mr. Schnitzer to provide a post-petition working
capital loan to ensure efficient funds to operate the dealer during
the sale.

HBT operates a standalone automobile retail franchise in Burleson,
Texas under the name "Honda of Burleson". The Debtor claims to have
sold approximately 3,000 vehicles per year from its Burleson, Texas
location to customers located primarily in the Dallas-Fort Worth
Metropolex and surrounding areas.  It employs 95 people, including
salespersons, service technicians and finance professionals.

The Debtor operates its dealership through a lending relationship
with Mercedes-Benz Financial Services USA, LLC, which provides
inventory financing to the Debtor in order to acquire new and
pre-owned vehicles and finance vehicles already acquired pursuant
to a Master Loan and Security Agreement signed between the parties
in 2011. As of the Petition Date, the Debtor owed approximately
$11.1 million to Mercedes.

Contemporaneously with the petition, the Debtor filed various
"first day" motions intended to stabilize its business operations,
minimize the adverse effects of the commencement of the Chapter 11
case, facilitate the efficient administration of the case and
expedite the sale of its assets.

Each of HBT JV, LLC and DK8 LLC filed a voluntary petition under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Tex. Case Nos.
17-40659 and 17-30621) on Feb. 20, 2017.

Forshey & Prostok, LLP is serving as counsel to HBT. Gardere Wynne
Sewell LLP is serving as counsel to DK8 LLC.


HCSB FINANCIAL: EJF Capital Reports 9.9% Stake as of Dec. 31
------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, EJF Capital LLC, Emanuel J. Friedman and EJF Sidecar
Fund, Series LLC -- Series E disclosed that as of Dec. 31, 2016,
they beneficially own 40,573,981 shares of common stock of
HCSB Financial Corporation representing 9.9 percent of the shares
outstanding.  The percentage ownership is based on 405,232,383
shares of Common Stock outstanding as of Nov. 1, 2016, as reported
by the Issuer in its Form 10-Q filed with the SEC on Nov. 4, 2016,
together with the 4,605,818 shares of Common Stock that EJF Sidecar
Fund, Series LLC -- Series E has the right to obtain, within 60
days, upon the conversion of the Non-Voting Shares of which it is
the record owner.

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

                    https://is.gd/X9Wnaz

                    About HCSB Financial

Loris, South Carolina-based HCSB Financial Corporation was
incorporated on June 10, 1999, to become a holding company for
Horry County State Bank.  The Bank is a state chartered bank which
commenced operations on Jan. 4, 1988.  From its 13 branch
locations, the Bank offers a full range of deposit services,
including checking accounts, savings accounts, certificates of
deposit, money market accounts, and IRAs, as well as a broad range
of non-deposit investment services.  During the third quarter of
2011, the Bank closed its Covenant Towers branch located at Myrtle
Beach.  All deposits were transferred to the Bank's Myrtle Beach
branch and the Bank does not expect any disruption of service in
that market for its customers.

HCSB Financial reported a net loss available to common
shareholders of $1.75 million on $13.7 million of total interest
income for the year ended Dec. 31, 2015, compared to a net loss
available to common shareholders of $1.40 million on $16.09 million
of total interest income for the year ended Dec. 31, 2014.

As of Sept. 30, 2016, the Company had $381.1 million in total
assets, $344.5 million in total liabilities and $36.59 million in
total shareholders' equity.

Elliott Davis Decosimo, LLC, in Columbia, South Carolina, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company has suffered recurring losses that have eroded regulatory
capital ratios and the Company's wholly owned subsidiary, Horry
County State Bank, is under a regulatory Consent Order with the
Federal Deposit Insurance Corporation (FDIC) that requires, among
other provisions, capital ratios to be maintained at certain
levels.  As of Dec. 31, 2015, the Company's subsidiary is
considered significantly undercapitalized based on its regulatory
capital levels.  These considerations raise substantial doubt about
the Company's ability to continue as a going concern.  The Company
also has deferred interest payments on its junior subordinated
debentures for 20 consecutive quarters as of
December 31, 2015.  Under the terms of the debentures, the Company
may defer payments for up to 20 consecutive quarters without
creating a default.  Payment for the 20th quarterly interest
deferral period was due in March 2016.  The Company failed to pay
the deferred and compounded interest at the end of the deferral
period, and the trustees of the corresponding trusts, have the
right, after any applicable grace period, to exercise various
remedies, including demanding immediate payment in full of the
entire outstanding principal amount of the debentures.  The balance
of the debentures and accrued interest as of December 31, 2015 were
$6,186,000 and $901,000, respectively.  These events also raise
substantial doubt about the Company's ability to continue as a
going concern as of Dec. 31, 2015, the auditors said.


HELIX GEN: Moody's Assigns Ba2 Rating to Senior Secured Debt
------------------------------------------------------------
Moody's Investors Service has assigned a Ba2 to Helix Gen Funding,
LLC's senior secured credit facilities consisting of a $1.54
billion senior secured term loan B due 2024 and a $175 million
working capital facility due 2022. The rating outlook is stable.

The term loan and approximately $680 million of sponsor equity
provided by funds of LS Power Fund III LP will be used to acquire
3.9 gigawatts (GW) of generating assets from TransCanada Corp.
(Baa1, stable), fund certain reserves and pay transaction costs.
This is a first time rating for Helix Gen.

RATINGS RATIONALE

The Ba2 rating of Helix Gen reflects a diverse portfolio of
competitive generating assets situated in the defined capacity
market regions of PJM, ISO New England (ISO-NE) and New York ISO
(NYISO) that should generate at least $500 million in gross margin
annually, over 65% of which is generated from capacity revenue. The
rating benefits from a solid base of predictable cash-flow with PJM
and ISO-NE capacity revenue determined on a three-year forward
looking basis, while capacity payments in NYISO are based on
monthly, spot and six-month forward capacity strip auctions. The
rating further incorporates well-operated assets, robust financial
metrics and documentation that incorporates mostly standard project
financing features albeit with some corporate-like provisions.

A strength of the rating is the robustness of financial metrics and
sweep provisions that ensures a solid level of debt reduction under
an array of downside sensitivities. Under a case in which Moody's
considered the three-year historical average energy margin and
five-year average capacity price, Helix Gen averages debt service
coverage ratios (DSCRs) and funds from operations to debt ratio
(FFO/Debt) of approximately 2.25x and 11%, respectively, over the
first three years of the term loan. By maturity Moody's calculates
that Helix Gen will pay down the term loan by 57%, a meaningful
amount given the current commodity cycle, and indicating the
project reliance on more predictable capacity revenues and the
benefits of a strong excess cash flow sweep provision. The cash
sweep mechanism under the documentation contemplates that the
greater of (a) 100% of excess cash flow to a targeted debt balance,
or (b) 75% of excess cash flow is dedicated to further debt
reduction. Importantly, Moody's projected financial metrics
incorporate the addition of $135 million in incremental debt that
Helix Gen may issue in accordance with its credit agreement, which
is Moody's baseline assumption in assigning the rating.

Around 60% of the portfolio's capacity consists of the 2.4 GW
Ravenswood Energy Complex situated in New York City, or NYISO's
Zone J. Zone J is one of the most constrained power markets in the
US, historically recognizing higher annual capacity payments than
all other capacity markets. Over the past five years, Zone J
capacity prices averaged around $10 per kilowatt-month or $330 per
megawatt-day. Based on the most recent summer and winter clears,
Zone J pricing is currently $8/kw-month. Ravenswood represents over
20% of Zone J's installed capacity, and at one point during
Hurricane Sandy in 2012, represented 50% of NYC's energy needs,
further accentuating the value this asset provides to the city. The
mid-Ba rating factors in the combined benefits and related strength
of the Ravenswood asset plus an additional 1.3GW of combined cycle
assets situated in adjacent capacity markets, PJM and ISO New
England, that collectively warrant a higher rating when compared to
single-asset, NYC-based project financings.

The Ba2 rating is tempered by the meaningful degree of merchant
energy cash flow which provides 30% of gross margins. The rating is
also tempered by capacity market revenue for unknown auction
periods beyond three years. Market participants, including
regulators, continue to tweak certain parameters that affect their
respective capacity market construct, including the shape of the
demand curve and cost of new entry. For example, ISO-NE's capacity
market just experienced two consecutive years in which the auction
results dropped $1.5/kw-month from the prior year auction price
given supply conditions and a recent adjustment to the shape of its
demand curve. Coordination across adjacent control areas has also
helped to increase imports/exports of power, which generally has
served to lower capacity auction results in ISO-NE.

Lender protections consist of a perfected first priority lien on
the assets and accounts, a cash flow waterfall of accounts that
will be overseen by an administrative agent and a 1.1x DSCR
financial covenant. The lenders will additionally benefit from
liquidity provided under the $175 million revolving facility that
will be utilized to provide credit support to the assets and to
issue letters of credit to fund a six-month debt service reserve
fund. Unused and available capacity is anticipated to be $36
million. Lenders also benefit from a major-maintenance reserve that
is funded at the next six months projected maintenance costs. Debt
reduction occurs through a cash sweep mechanism noted above that
Moody's considers to be a stronger provision compared to peer
portfolio financings. Helix Gen may sell assets, with the exception
of Ravenswood, and while the disposition terms are generally credit
neutral and provide the borrower a form of liquidity, the resulting
diversity and cash flow concentration following such disposition
could alter the credit profile in a negative manner.

The stable rating outlook reflects continuation of a historically
strong operating profile and the assets' locational value and
competitiveness being maintained. The outlook considers Moody's
expectations of debt reduction to around $1.0-1.1 billion by 2020
(or $1.2-$1.3 billion if the $135 million of allowed incremental
indebtedness is incurred) while achieving a DSCR that ranges
between 1.8-2.0x or FFO/Debt that approximates at least 8- 10%. The
outlook also incorporates transparent and credit supportive forward
capacity markets where Helix Gen operates.

What could make the rating go up

Achieving FFO/Debt metrics exceeding 15% and DSCRs above 3.5x on
sustained basis could put upward pressure on the rating. Achieving
debt reduction to below $1 billion by 2020 purely through
operational cash flow (explicitly excluding asset sale proceeds)
could put upward pressure on the rating.

What could make the rating go down

Downward rating pressure would occur if Helix Gen's FFO/Debt and
DSCR metrics are below 7.5% and 1.8x on a sustained basis,
respectively, or if Helix Gen fails to reduce debt beyond the
minimum 1% mandatory amortization. To the extent that any one
capacity market construct is meaningfully altered in a way that
reduces transparency or increases uncertainties for generators or
should auction results in any ISO be lower than anticipated, then
the rating could also face negative rating pressure. Sales of more
than one asset are likely to result in downward rating pressure
given increased concentration risk. Moreover, operating performance
that deviates meaningfully from the historical operating track
record or that results in the curtailment of capacity payment
revenue could also lead to downward rating pressure.

The ratings are predicated upon final documentation in accordance
with Moody's current understanding of the transaction and final
debt sizing and projected cash flow and credit metrics that are
consistent with Moody's current expectations.

The principal methodology used in these ratings was Power
Generation Projects published in December 2012.


HYDROCARB ENERGY: SEC Sues Kent & Michael Watts Over Stock Scheme
-----------------------------------------------------------------
Martin O'Sullivan, writing for Bankruptcy Law360, reports that The
U.S. Securities and Exchange Commission filed on Feb. 17, 2017, in
Texas federal court a lawsuit against Kent P. Watts and Michael E.
Watts for allegedly breaching securities law to try to get stock of
their now-defunct energy company, Hydrocarb Energy Corp., listed on
the NASDAQ Stock Exchange.  The Watts brothers undertook the failed
scheme between 2012 and 2014 and allegedly lied in SEC disclosures
and failed to disclose their ownership, Law360 relates, citing the
SEC.

                    About Hydrocarb Energy

Hydrocarb Energy Corporation, formerly known as Duma Energy Corp,
is a publicly-traded Domestic and International energy exploration
and production company targeting major under-explored oil and gas
projects in emerging, highly prospective regions of the world.
With exploration concessions in Africa, production in Galveston
Bay and Oil Field Services in the United Arab Emirates, the
Company maintain offices in Houston, Texas, Abu Dhabi, UAE and
Windhoek, Namibia.

Hydrocarb Energy and Galveston Bay Energy, LLC, each filed a
Chapter 11 bankruptcy petition (Bankr. S.D. Tex. Case Nos. 16-31922
and 16-31923, respectively) on April 13, 2016.  The petitions were
signed by Kent Watts as chief executive officer.

Hydrocarb Energy listed total assets of $25.39 million and total
liabilities of $14.31 million.  Galveston Bay Energy estimated
assets and liabilities in the range of $10 million to $50 million.

Okin & Adams LLP represents the Debtors as counsel.


INTERNAP CORP: $43MM Equity Increase No Impact on Moody's B3 CFR
----------------------------------------------------------------
Moody's Investors Service said that Internap Corporation's $43
million equity raise to reduce debt is credit positive but that it
does not impact its B3 corporate family rating or stable outlook.
The company announced a private placement of approximately 23.8
million shares of its common stock at a price of $1.81 per share.
The net proceeds of the offering will be used to repay a portion of
its term loan indebtedness (approximately $292 million outstanding
as of 9/30/16). Moody's views this transaction as credit positive
as the debt repayment enables the company to satisfy conditions in
its most recent credit agreement amendment which ease restrictions
on the company's interest coverage and leverage ratio covenants.
Pro-forma for the debt repayment, Moody's adjusted leverage for the
last twelve months ending September 30, 2016 improves to 4.6x from
5.1x.

Headquartered in Atlanta, Georgia, Internap Corporation is a
publicly traded provider of data center and internet protocol
services. The company generated $303 million in revenue for the
last twelve months ended September 30, 2016.



INTERNATIONAL SHIPHOLDING: Resolves BMO Harris' Objection to Plan
-----------------------------------------------------------------
Alex Wolf, writing for Bankruptcy Law360, reports that
International Shipholding Corporation reached on Feb. 21, 2017, a
settlement with secured lender BMO Harris Equipment Finance Co.,
who previously objected the Debtor's Chapter 11 reorganization plan
to restructure more than $200 million in debt.

As reported by the Troubled Company Reporter on Feb. 16, 2017, BMO
Harris objected to the confirmation of the Plan, claiming that the
Plan failed to meet the requirement under the U.S. Bankruptcy Code
that a Chapter 11 plan must provide for payment of administrative
claims on or before the effective date.  The failure renders the
Plan infeasible.

                 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.


J.J. BAKER: Polk County to Get $225 Monthly at 3.91% Over Five Yrs
------------------------------------------------------------------
J.J. Baker, LLC, filed with the U.S. Bankruptcy Court for the
District of Missouri a combined plan and disclosure statement,
dated Feb. 15, 2017, which proposes to pay creditors from cash flow
from operations and future income.

Class 2 under the plan consists of the secured claims of Farmers
State Bank and Polk County, Missouri.

Farmers State Bank is owed a total of $1,809,167.70. The bank will
be paid the sum of $8,543.63 monthly over a term of 30 years. The
Debtor will pay interest on this secured obligation at 200 basis
points over the U.S. Treasury Five-Year Bond (1.91%) on the
Effective Date for the plan rate of 3.91%.

The Collector of Polk County is owed a secured debt of $12,245.79.
This claim will be paid the sum of $225.01 monthly over the course
of 5 years. The Debtor will pay interest on this secured obligation
at 200 basis points over the U.S. Treasury Five-Year Bond (1.91%)
on the Effective Date for the plan rate of 3.91%.e

The Debtor has no unsecured claimants.

Payments and distributions under the plan will be funded by
payments from the Debtor's commercial tenants.

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

     http://bankrupt.com/misc/mowb16-60866-11-44.pdf

J.J. Baker, LLC filed a chapter 11 petition (Bankr. W.D. Mo. Case
No. 16-60866) on Aug. 29, 2016, disclosing under $1 million in
both
assets and liabilities.  The Debtor is represented by Mariann
Morgan, Esq., at Checkett & Pauly, P.C.


JACK ROSS: Seeks April 24 Exclusive Plan Filing Period Extension
----------------------------------------------------------------
Jack Ross Industries, LLC, d/b/a Big Shot Indoor Range, d/b/a Jack
Ross Ammunition, requests the U.S. Bankruptcy Court for the
District of Nevada to extend the exclusive time period to file its
plan of reorganization, from Feb. 21, 2017, to and including April
24, 2017, and the corresponding exclusive period for obtaining
confirmation of Debtor's plan of reorganization to and including
June 23, 2017.

The Debtor submits that its case has been designated as a small
business case on Nov. 4, 2016, pursuant to the Court's Order
granting the U.S. Trustee's Motion.

The Debtor needs additional time to stabilize its operations and
improve profitability. While the Debtor is proceeding diligently in
its efforts in this Chapter 11 proceeding, the Debtor believes that
it will be able to prepare adequate information and consequently
formulate an acceptable plan of reorganization within the requested
extension of time.

                    About Jack Ross Industries

Jack Ross Industries, LLC, based in Reno, NV, filed a Chapter 11
petition (Bankr. D. Nev. Case No. 16-51053) on Aug. 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.


JVJ PHARMACY: EZ RX to Fund Unsecured Account with $150,000
-----------------------------------------------------------
JVJ Pharmacy, Inc., filed with the U.S. Bankruptcy Court for the
Southern District of New York a disclosure statement for its plan
of reorganization.

The Debtor's financial difficulties and the inability to meet its
obligations led to an auction sale of the Debtor's business.  The
auction took place on Dec. 9, 2016, with EZ RX Club, Inc., coming
out as the highest bidder.  Negotiations after the auction resulted
in the creation of the Term Sheet, which accomplished several
things, including EZ RX providing DIP financing for inventory
purchases for the Debtor which will be presented to the Court by
separate motion, in the form of: (i) revolving credit of $250,000
for inventory purchases; and (ii) a fixed line of credit of
$300,000 for inventory purchases and costs of operations.

Class 5 under the plan is comprised of the Allowed Unsecured
Non-Priority Pre-Petition Claims.  The unsecured creditors will
receive a pro rata distribution from the Unsecured Creditors'
Reserve Account of their allowed claims, without interest.   The
Unsecured Creditors' Reserve Account will be funded fully by EZ RX
Club in the amount of $150,000 at least 5 business days prior to
the Confirmation Hearing.

EZ RX will make all of the payments required under the Plan.  The
Term Sheet, the DIP Financing Order and all of the required
accounts will be set up and funded.  All Administrative and
Priority Payments will also be funded.

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

       http://bankrupt.com/misc/nysb16-10508-133.pdf

                  About JVJ Pharmacy Inc.

Headquartered in New York, New York, JVJ Pharmacy Inc., d/b/a
University Chemists, filed for Chapter 11 bankruptcy protection
(Bankr. S.D.N.Y. Case No. 16-10508) on March 3, 2016, listing
$6.88
million in total assets and $5.61 million in total liabilities.

The Debtor operates a "specialty pharmacy", maintaining contracts
to provide pharmaceutical products to different health care
facilities, including clinics, hospitalss, medical practices and
individual physicians.

The petition was signed by James F. Zambri, president.

Judge Stuart M. Bernstein presides over the case.  Avrum J. Rosen,
Esq., at The Law Offices of Avrum J. Rose, PLLC, serves as the
Debtor's bankruptcy counsel.


KIDS FIRST: Voluntary Chapter 11 Case Summary
---------------------------------------------
Debtor: Kids First Enrichment Center, LLC
        3525 Hickory Hill
        3525 Hickory Hill Road
        Memphis, TN 38115
        Tel: 901-363-1500

Case No.: 17-21641

Chapter 11 Petition Date: February 23, 2017

Court: United States Bankruptcy Court
       Western District of Tennessee (Memphis)

Judge: Hon. George W. Emerson Jr.

Debtor's Counsel: Brian L Davis, Esq.
                  DAVIS LAW FIRM, PLLC
                  254 Court Avenue, Suite 300
                  Memphis, TN 38103
                  Tel: 662-393-8542
                  E-mail: davislaw@davislawfirmpc.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Harry L. Smith, member.

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

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

          http://bankrupt.com/misc/tnwb17-21641.pdf


KIWA BIO-TECH: Hires DYH & Co. as New Auditors
----------------------------------------------
The Board of Directors of Kiwa Bio-Tech Products Group Corporation
decided to engage DYH & Co. as independent principal accountant and
auditor to report on the Company's financial statements for the
fiscal year ended Dec. 31, 2016, including performing the required
quarterly reviews.

In conjunction with the new engagement, the Company has dismissed
its former accountant, Paritz & Co., P.A., Hackensack, NJ, as the
Company's principal accountant effective Feb. 22, 2016.  Paritz has
served the Company well since 2013.  The reason for the auditor
change is dismissal, not resignation nor declining to stand for
re-election.

On Feb. 15, 2017, the Company approved the engagement of DYH & Co.
as its new independent registered public accounting firm.  During
the two most recent fiscal years and the subsequent interim period
through the date of the dismissal of Paritz, the Company did not
consult with DYH & Co. regarding any matters described in Item
304(a)(2)(i) or (ii) of Regulation S-K.

During the two most recent fiscal years and the interim period
through the date of the dismissal, there were no disagreements with
Paritz on any matter of accounting principles or practices,
financial statement disclosure or auditing scope or procedure,
which disagreements, if not resolved to Paritz's satisfaction,
would have caused Paritz to make reference to the subject matter of
the disagreements in connection with its reports.

During the two most recent fiscal years through the date of
dismissal, the reports of Paritz did not contain any adverse
opinion or disclaimer of opinion, or was modified as to
uncertainty, audit scope, or accounting principles other than the
following:

1) The Report of Independent Registered Public Accounting Firm
issued by Paritz on June 25, 2015 with respect to the Company's
audited financial statements for the year ended Dec. 31, 2014,
contained the following statement:

"The accompanying financial statements have been prepared assuming
that the Company will continue as a going concern.  As discussed in
Note 3 to the consolidated financial statements, the Company's
current liabilities substantially exceeded its current assets by
$8,944,097 at December 31, 2014.  The Company had no sales during
the years ended December 31, 2014 and 2013, had an accumulated
deficit of $18,608,154 and stockholders' deficiency of $10,807,861
as of December 31, 2014.  These circumstances, among others, raise
substantial doubt about the Company's ability to continue as a
going concern.  Management's plans in regard to these matters are
described in note 3.  The financial statements do not include any
adjustments that might result from the outcome of this
uncertainty."

2) The Report of Independent Registered Public Accounting Firm
issued by Paritz on April 1, 2016, with respect to the Company's
audited financial statements for the year ended Dec. 31, 2015,
contained the following statement:

"The accompanying financial statements have been prepared assuming
that the Company will continue as a going concern.  As discussed in
Note 3 to the consolidated financial statements, the Company's
current liabilities substantially exceeded its current assets by
$9,330,130 at December 31, 2015.  The Company had no sales during
the years ended December 31, 2015 and 2014, had an accumulated
deficit of $20,324,812 and stockholders’ deficiency of
$11,100,454 as of December 31, 2015.  These circumstances, among
others, raise substantial doubt about the Company's ability to
continue as a going concern.  Management's plans in regard to these
matters are described in note 3.  The financial statements do not
include any adjustments that might result from the outcome of this
uncertainty."

3) Paritz has periodically communicated to the Company, which the
Company has reported in its filings with the U.S. Securities and
Exchange Commission, the existence of a material weakness in the
Company's internal controls over its financial reporting.  The
specific material weaknesses identified as of December 31, 2015 was
described as follows:

   * The Company did not have sufficient and skilled accounting
     personnel with an appropriate level of technical accounting
     knowledge and experience in the application of accounting
     principles generally accepted in the United States of America

     commensurate with the Company's financial reporting
     requirements, which resulted in a number of internal control
     deficiencies that were identified as being significant.  The
     Company's management determined that the number and nature of

     these significant deficiencies, when aggregated, constituted
     a material weakness.

   * The Company lacks qualified resources to perform the internal

     audit functions properly.  In addition, the scope and
     effectiveness of the Company's internal audit function are
     yet to be developed.
       
   * The Company does not currently have an audit committee.

The Company has acknowledged these material weaknesses and
concluded that, while such material weaknesses exist, in light of
the Company's financial situation and limited operations, the risks
associated with the dependence upon Mr. Sharpe as compared to the
potential benefits of adding new employees, does not justify the
expense that would need to be incurred to remedy this situation.

During the two most recent fiscal years, there were no reportable
events (as defined in Regulation S-K Item 304(a)(1)(v)).

                     About Kiwa Bio-Tech
                          
Kiwa Bio-Tech Products Group Corporation develops, manufactures,
distributes and markets bio-technological products for agriculture.
The Company has acquired technologies to produce and market
bio-fertilizer.  The Company has developed over six bio-fertilizer
products with bacillus spp and/or photosynthetic bacteria as its
ingredients.  The Company's products contain ingredients of both
photosynthesis and bacillus bacteria which are protected by
patents.

The Company reported a net loss of $677,358 in 2015 following a net
loss of $707,556 in 2014.

As of Sept. 30, 2016, Kiwa Bio-Tech had $4.74 million in total
assets, $9.76 million in total liabilities and a total
stockholders' deficiency of $5.02 million.

Paritz & Company, P.A., in Hackensack, New Jersey, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company's current
liabilities substantially exceeded its current assets by $9,330,130
at Dec. 31, 2015.  The Company had no sales during the years ended
Dec. 31, 2015, and 2014, had an accumulated deficit of $20,324,812
and stockholders' deficiency of $11,100,454 as of
Dec. 31, 2015.  These circumstances, among others, raise
substantial doubt about the Company's ability to continue as a
going concern.


KIWA BIO-TECH: Transfers Equity Interest in Shandong to Dian Shi
----------------------------------------------------------------
Kiwa Bio-Tech Products Group Corporation executed an equity
transfer agreement with Dian Shi Cheng Jing (Beijing) Technology
Co. whereby the Company transferred all of its right, title and
interest in Kiwa Bio-Tech Products (Shandong) Co., Ltd. to the
Transferee for the RMB equivalent of US$1.00.  In connection with
the transaction, the Transferee received all assets of Shandong
which are estimated to be approximately RMB 14,057,713 at the
effective date and assumed all liabilities of Shandong which are
estimated to be approximately RMB59,446,513 at the effective date.


In connection with this transaction, Dian Shi Cheng Jing (Beijing)
Technology Co., as transferee, agreed to indemnify the Company for
any liability or claims of any third partyies against Shandong or
the Company for five years.  The transaction is subject to
obtaining Chinese government approval for the transaction, which
the parties agrees to use their best efforts to obtain prior to
Dec. 31, 2017.

                    About Kiwa Bio-Tech
                          
Kiwa Bio-Tech Products Group Corporation develops, manufactures,
distributes and markets bio-technological products for agriculture.
The Company has acquired technologies to produce and market
bio-fertilizer.  The Company has developed over six bio-fertilizer
products with bacillus spp and/or photosynthetic bacteria as its
ingredients.  The Company's products contain ingredients of both
photosynthesis and bacillus bacteria which are protected by
patents.

The Company reported a net loss of $677,358 in 2015 following a net
loss of $707,556 in 2014.

As of Sept. 30, 2016, Kiwa Bio-Tech had $4.74 million in total
assets, $9.76 million in total liabilities and a total
stockholders' deficiency of $5.02 million.

Paritz & Company, P.A., in Hackensack, New Jersey, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company's current
liabilities substantially exceeded its current assets by $9,330,130
at Dec. 31, 2015.  The Company had no sales during the years ended
Dec. 31, 2015, and 2014, had an accumulated deficit of $20,324,812
and stockholders' deficiency of $11,100,454 as of
Dec. 31, 2015.  These circumstances, among others, raise
substantial doubt about the Company's ability to continue as a
going concern.


KOMODIDAD DISTRIBUTORS: Taps Ferraiuoli as Special Counsel
----------------------------------------------------------
Komodidad Distributors, Inc. and its affiliates seek approval from
the U.S. Bankruptcy Court in Puerto Rico to hire Ferraiuoli, LLC as
special counsel.

The Debtors tapped the firm to assist in the revision and
negotiation of the loan restructuring contracts they will enter
into with the lending syndicate, and the issuance of a legal
opinion to the lending syndicate.   

The hourly rates charged by the firm are:

     Fernando Rovira Rullan     $280
     Carlos Lamoutte Navas      $235
     Lidia Ivette Martínez      $105
     Kesha Rosario Díaz         $105

Carlos Lamoutte Navas, Esq., a senior member of Ferraiuoli,
disclosed in a court filing that his firm is a "disinterested
person" as defined in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Carlos Lamoutte Navas, Esq.
     Ferraiuoli, LLC
     P.O. Box 195168
     San Juan, PR 00919-5168
     Phone: 787-766-7000
     Fax: 787-766-7001
     Email: clamoutte@ferraiuoli.com

                  About Komodidad Distributors

Komodidad Distributors, Inc., filed for Chapter 11 bankruptcy
protection (Bankr. D.P.R. Case No. 16-04161) on May 25, 2016.  The
petition was signed by Jorge Galliano, president. The Hon. Enrique
S. Lamoutte Inclan presides over the case.

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

Komodidad Distributors' Chapter 11 case is jointly administered
with those of G.A. Design & Sourcing, Inc., Gamaxport, Inc., G.A.
Investors, S.E., and G.A. Property Development, Corp., under
(Bankr. D.P.R. Case No. 16-04164).

Javier Vilarino, Esq., at Vilarino & Associates serves as the
Debtor's bankruptcy counsel.  Silva-Cofresi, Manzano & Padro LLC
serves as its special counsel in labor laws. CPA Luis R.
Carrasquillo & Co., P.S.C., serves as financial consultant and
Vallejo & Vallejo serves as real estate appraiser to the Debtor.


KRONOS WORLDWIDE: S&P Lowers CCR to 'B-' on Weaker Performance
--------------------------------------------------------------
S&P Global Ratings said that it lowered its corporate credit rating
on Dallas-based Kronos Worldwide Inc. to 'B-' from 'B'.  The
outlook is stable.

At the same time, S&P revised the issue level rating on the
company's $350 million term loan to 'B' from 'B+'.  The recovery
rating remains '2', indicating S&P's expectation of substantial
(70% to 90%; rounded estimate 70%) recovery in the event of a
payment default.

"The downgrade follows weaker-than-expected 2016 EBITDA and credit
measures at Kronos' parent company, Valhi, despite TiO2 pricing
improvement in the second half of 2016," said S&P Global Ratings
credit analyst Michael McConnell.

S&P considers Kronos to be a core member of the Valhi Inc. group,
as Kronos has historically contributed over 90% of Valhi's total
EBITDA.  S&P believes that weakness in credit measures at the
parent level has an unfavorable impact on credit quality at Kronos.


The stable outlook on Kronos Worldwide Inc. reflects S&P's
expectation that results will continue to improve as industry
conditions remain at more favorable levels relative to the
depressed pricing environment of early 2016.  S&P expects company
performance to support adequate liquidity and an improvement in
credit measures.  S&P also expects that management will maintain a
prudent approach to funding growth and returns to shareholders.
Over the next year, S&P expects Kronos to maintain leverage
measures of debt/EBITDA between 4x and 5x, while S&P expects
debt/EBITDA at parent company Valhi to be above 7x.  S&P's base
case assumes Kronos' importance to Valhi remains unchanged in S&P's
opinion.

S&P could lower the ratings within the next 12 months if TiO2
prices materially weakened as a result of weaker-than-expected end
market demand.  In this scenario, S&P would expect Kronos debt to
EBITDA to substantially exceed 5x and Valhi's debt leverage to
remain at unsustainable levels.  S&P could also lower the ratings
if Kronos or the parent company Valhi uses additional debt to fund
growth plans or returns to shareholders, which would lead to a
weakening of the group credit profile.  S&P would also consider a
downgrade if liquidity materially weakened, or if the company is
unable to extend maturities as they come due.

S&P could raise the ratings within the next 12 months if the TiO2
industry conditions and Kronos' operations improve to the point
where S&P expects Kronos to maintain debt to EBITDA below 4x, and
Valhi to consistently maintain debt to EBITDA below 7x, on a
weighted-average sustainable basis.  For this to occur S&P would
look for evidence of steadier end market demand and raw material
input prices.


KSS HOLDINGS: S&P Revises Outlook to Neg. & Affirms 'B+' CCR
------------------------------------------------------------
S&P Global Ratings said that it has revised its outlook on KSS
Holdings Inc., the parent of Key Safety Systems Inc. (the borrower
under the credit agreement), to negative from stable and affirmed
its 'B+' corporate credit rating on the company.

At the same time, S&P affirmed its 'B+' issue-level rating on Key
Safety Systems' senior secured debt.  The '3' recovery rating on
the term loan remains unchanged, indicating S&P's expectation for
meaningful (50%-70%; rounded estimate 55%) recovery in the event of
a payment default.

"The outlook revision reflects our belief that KSS' significant
capital expenditure requirements will likely limit its free
operating cash flow (FOCF) prospects over the next 12 months," said
S&P Global credit analyst Nishit Madlani.  "Additionally, the
recent operational inefficiencies that the company has experienced,
related to capacity constraints and supply chain and quality
disruption issues, will likely pressure its EBITDA margins in early
2017."

The negative outlook on KSS reflects the increased likelihood that
the company will be unable to improve its debt-to-EBITDA toward
4.0x-5.0x given S&P's view of the uncertainty surrounding its
ability to eliminate the issues related to its capacity
constraints, certain supply chain and quality disruption issues,
and higher freight costs.  Even with a capital infusion from its
parent, KSS' significant capital expenditure requirements will
likely limit its FOCF prospects over the next 12 months.

S&P could lower its ratings on KSS Holdings if management is unable
to address the recent challenges facing the company's manufacturing
capabilities and fails to improve its EBITDA margins and OCF
prospects.  Specifically, S&P could downgrade the company if its
OCF-to-debt ratio remains below 10% on a sustained basis amid the
increased execution risks related to the launch of its new
business.  S&P could also lower its ratings on KSS if S&P assess
the company's GCP under Joyson as 'b' or lower because it appears
likely that the group will sustain a high level of consolidated
leverage.  Additionally, S&P could lower its ratings on KSS if
there is a sharp slowdown in vehicle production or if further
operational missteps lead to critical shortages and the disruption
of product lines.

S&P could revise its outlook on KSS to stable if it appears likely
that the company's EBITDA margins will begin to approach 9%, which
would allow it to maintain a debt-to-EBITDA metric of about
4.0x-5.0x and a OCF-to-debt ratio approaching 15%.  S&P could also
revise its outlook on KSS to stable if Joyson makes a significant
capital contribution to ensure that the company sustains a
FOCF-to-debt ratio of over 5%.



LA ESTRELLA: Seeks 90-Day Extension to Confirm Amended Plan
-----------------------------------------------------------
La Estrella Fast Food, Inc., asks the U.S. Bankruptcy Court for the
District of Puerto Rico to extend the Debtor's time to confirm its
Amended Plan for additional 90 days.

Without such extension, the Debtor's exclusivity period would have
ended on Feb. 22, 2017.  The Debtor tells the Court that it has not
been able to confirm a plan because of the contested issues pending
with its biggest creditor in this case.

The Debtor submits that it has filed its proposed plan of
reorganization on Aug. 14, 2015, and thereafter, on Aug, 31, 2015,
the Debtor filed its Amended Plan of Reorganization. Consequently,
the Court entered an order to scheduled the confirmation hearing
for October 7, 2015.  However, Caribbean Restaurants, LLC, filed an
Objection to the confirmation of the Debtor's Amended Plan.

In addition, the Debtor relates that Caribbean Restaurants filed a
motion to lift the automatic stay for the Debtor's failure to cure
prepetition arrears with their lease agreement.  The Debtor,
however, provided evidence of being current because of an excess
payment it has made over the last two years of CAM charges.

The Debtor also relates that it sought relief under chapter 11
because of the possible cancellation of lease contract and imminent
eviction by Caribbean Restaurant, which asserts that the Debtor has
been in arrears with its lease agreement.  The Debtor adds that the
truth of the matter is that the contested issue is the validity of
an electrical substation in the amount of $60,000 that is not
contemplated in the original remodeling contract in the amount of
$308,000.

                    About La Estrella Fast Food

La Estrella Fast Food, Inc., filed for Chapter 11 bankruptcy
protection (Bankr. D.P.R. Case No. 15-02687) on April 10, 2015.
The Debtor is represented by Mar Soledad Lozada Figueroa at Lozada
Law & Associates of San Juan, P.R.


LEARNING ENHANCEMENT: Wants Plan Filing Deadline Moved to April 4
-----------------------------------------------------------------
Learning Enhancement Corporation and its debtor-affiliates ask the
U.S. Bankruptcy Court for the Northern District of Illinois to
extend through and including April 4, 2017, the deadline for the
Debtors to file a plan of reorganization.

A hearing on the request will be held on Feb. 28, 2017, at 10:00
a.m.

The Debtors have not been able to fully formulate an effective
Chapter 11 plan and likely will not have formulated a plan by the
Court-imposed deadline of March 2, 2017.  

The Debtors believe that ample cause exists to support the
requested extension of the deadline.  The complexity of a debtor's
case may alone constitute cause for extending the deadline.  While
the operations of the Debtors are not overly complex, the mechanism
for funding and implementing the Debtors' plan is the sale of
substantially all of the Debtors' assets, which has not yet
occurred.  Until the Debtors have completed the sale, there is no
reason to file a plan, as the estate will be administratively
insolvent without the influx of funds from the sale and a
confirmable plan would be impossible.

The Debtors say that extension of the deadline is further justified
by the good faith progress the Debtors have made toward
reorganization and the Debtors' reasonable prospects for a viable
plan.  During the first three months of the Chapter 11 cases, the
Debtors have made substantial progress in addressing both the usual
range of issues faced by debtors, as well as issues specific to the
Debtors' business.  Specifically, since the Petition Date, the
Debtors have focused on various critical issues related to their
emergence from chapter 11, including among other things, (a)
preparation of their schedules and statements of financial affairs,
(b) preparation of monthly operating reports, and (c) the marketing
of their assets for sale by The Skutch Arlow Group, LLC, not to
mention continuing to operate the Debtors' business.

The Debtors add that given their marketing efforts, the progress
they have made thus far, and their prospects for reorganization,
there is more than sufficient "cause" for a one-month extension of
the deadline.

The Debtors believe that the one-month extension of the deadline
will allow them the necessary time to focus upon closing the sale
and proceeding toward a viable plan that will enable the Debtors to
exit Chapter 11.  They assure the Court that no party in interest
will be harmed by this extension.

                    About Learning Enhancement

Learning Enhancement Corp. sought Chapter 11 protection (Bankr.
N.D. Ill. Case No. 16-35537) on Nov. 7, 2016.  Judge Jack B.
Schmetterer is assigned to the case.  The petition was signed by
Roger Stark, CEO.

The Debtor estimated assets and liabilities in the range of $1
million to $10 million.

The Debtor tapped Matthew E. McClintock, Esq. and Sean P Williams,
Esq. at Goldstein & McClintock LLLP as counsel.


LEGACY RESERVES: Incurs $74.82 Million Net Loss in 2016
-------------------------------------------------------
Legacy Reserves LP filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing a net loss
attributable to unitholders of $74.82 million on $314.4 million of
total revenues for the year ended Dec. 31, 2016, compared to a net
loss attributable to unitholders of $720.54 million on $338.77
million of total revenues for the year ended Dec. 31, 2015.

As of Dec. 31, 2016, Legacy had $1.29 billion in total assets,
$1.52 billion in total liabilities and a total partners' deficit of
$222.07 million.

Legacy's primary sources of capital and liquidity have been cash
flow from operations, the issuance of the Senior Notes, the
issuance of additional units and Preferred Units, the Second Lien
Term Loans and bank borrowings, or a combination thereof.  To date,
Legacy's primary use of capital has been for the acquisition and
development of oil and natural gas properties, the repayment of
bank borrowings and repurchases of Senior Notes on the open
market.

"Based upon current oil and natural gas price expectations and our
commodity derivatives positions, we anticipate that our cash on
hand, cash flow from operations and available borrowing capacity
under our revolving credit facility and the Second Lien Term Loans
will provide us sufficient liquidity to fund our operations in 2017
including our planned capital expenditures of $55 million. However,
should oil and natural gas prices decline in 2017, we could breach
certain financial covenants under our revolving credit facility or
our term loan credit agreement, which would constitute a default
under our revolving credit facility or our term loan credit
agreement.  Such a default, if not remedied, would require a waiver
from our lenders in order for us to avoid an event of default and
potential subsequent acceleration of all amounts outstanding under
our revolving credit facility or our term loan credit agreement or
foreclosure on our oil and natural gas properties. Certain payment
defaults or acceleration under our revolving credit facility could
cause a cross-default or cross-acceleration of all of our other
indebtedness.  If an event of default occurs, or if other debt
agreements cross-default, and the lenders under the affected debt
agreements accelerate the maturity of any loans or other debt
outstanding, we will not have sufficient liquidity to repay all of
our outstanding indebtedness. In light of this, we elected to
suspend distributions to unitholders in January 2016.  Future cash
flows are subject to a number of variables, including the level of
oil and natural gas production and prices.  There can be no
assurance that operations and other capital resources will provide
cash in sufficient amounts to operate or to maintain planned levels
of capital expenditures," the Company said in the report.

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

                     https://is.gd/FLJhKq

                     About Legacy Reserves

Headquartered in Midland, Texas, Legacy Reserves is focused on the
acquisition and development of oil and natural gas properties
primarily located in the Permian Basin, East Texas, Rocky Mountain
and Mid-Continent regions of the United States.  The Company's
primary business objective has been to generate stable cash flows
to allow it to make cash distributions to its unitholders and to
support and increase quarterly cash distributions per unit over
time through a combination of acquisitions of new properties and
development of its existing oil and natural gas properties.

                        *    *     *

As of Sept. 30, 2016, S&P Global Ratings said that it lowered its
corporate credit rating on Legacy Reserves L.P. to 'CCC' from 'B-'.
The rating outlook is negative.  The downgrade reflects S&P's
expectation that the borrowing base on Legacy's revolving credit
facility could be lowered substantially at its redetermination in
October.

Legacy Reserves carries a Caa3 corporate family rating from Moody's
Investors Service.


LEHMAN BROTHERS: Supreme Court Snubs Former Workers' Appeal
-----------------------------------------------------------
Martin O'Sullivan, writing for Bankruptcy Law360, reports that the
U.S. Supreme Court on Feb. 21 refused to take a second look at a
dismissed class action in which former Lehman Brothers employees
allege that former members of a benefits committee that supervised
Lehman's 401(k) plan should have known that the bank was at risk of
collapsing and should have dumped the bank's stock before it
failed.

                      About Lehman Brothers

Lehman Brothers Holdings Inc. -- http://www.lehman.com/-- was the
fourth largest investment bank in the United States.  For more
than 150 years, Lehman Brothers has been a leader in the global
financial markets by serving the financial needs of corporations,
governmental units, institutional clients and  individuals
worldwide.

Lehman Brothers filed for Chapter 11 bankruptcy Sept. 15, 2008
(Bankr. S.D.N.Y. Case No. 08-13555).  Lehman's bankruptcy petition
disclosed US$639 billion in assets and US$613 billion in debts,
effectively making the firm's bankruptcy filing the largest in
U.S. history.  Several other affiliates followed thereafter.

Affiliates Merit LLC, LB Somerset LLC and LB Preferred Somerset
LLC sought for bankruptcy protection in December 2009.

The Debtors' bankruptcy cases were assigned to Judge James M.
Peck.  Judge Shelley Chapman took over the case after Judge Peck
retired from the bench to join Morrison & Foerster.

A team of Weil, Gotshal & Manges, LLP, lawyers led by the late
Harvey R. Miller, Esq., serve as counsel to Lehman.  Epiq
Bankruptcy Solutions serves as claims and noticing agent.

Dennis F. Dunne, Esq., Evan Fleck, Esq., and Dennis O'Donnell,
Esq., at Milbank, Tweed, Hadley & McCloy LLP, in New York, served
as counsel to the Official Committee of Unsecured Creditors.
Houlihan Lokey Howard & Zukin Capital, Inc., served as the
Committee's  investment banker.

On Sept. 19, 2008, the Honorable Gerard E. Lynch of the U.S.
District Court for the Southern District of New York, entered an
order commencing liquidation of Lehman Brothers, Inc., pursuant to
the provisions of the Securities Investor Protection Act (Case No.
08-CIV-8119 (GEL)).  James W. Giddens was appointed as trustee for
the SIPA liquidation of the business of LBI.  He is represented by
Hughes Hubbard & Reed LLP.

The Bankruptcy Court approved Barclays Bank Plc's purchase of
Lehman Brothers' North American investment banking and capital
markets operations and supporting infrastructure for US$1.75
billion.  Nomura Holdings Inc., the largest brokerage house in
Japan, purchased LBHI's operations in Europe for US$2 plus the
retention of most of employees.  Nomura also bought Lehman's
operations in the Asia Pacific for US$225 million.

Lehman emerged from bankruptcy protection on March 6, 2012, more
than three years after it filed the largest bankruptcy in U.S.
history.  The Chapter 11 plan for the Lehman companies other than
the broker was confirmed in December 2011.

                          *     *     *

According to a report by Wall Street Journal Pro Bankruptcy, the
team winding down Lehman Brothers Holdings Inc. was slated to pay
out $3.8 billion to creditors in October 2016.  This was the 11th
distribution since Lehman failed in 2008, and brought the total
payout to more than $113.6 billion.  The bulk of the cash -- $83.6
billion -- has gone to pay so-called third-party, or non-Lehman
claims, WSJ related.

Bondholders were projected to receive about 21 cents on the dollar
when Lehman's bankruptcy plan went into effect in early 2012.
According to the WSJ report, Lehman said in a court filing that the
bondholders will have recovered more than 40 cents on the dollar
after the 11th distribution is completed; while general unsecured
creditors of Lehman's commodities unit will have received nearly 79
cents on the dollar following the latest distribution.


LIMITED STORES: Limited IP Wins Auction of IP & E-Commerce Assets
-----------------------------------------------------------------
Limited Stores Co., LLC, and affiliates filed with the U.S.
Bankruptcy Court for the District of Delaware a notice stating that
Limited IP Acquisition LLC was the successful bidder in an auction
held on Feb. 2, 2017.

Matt Chiappardi, writing for Bankruptcy Law360, relates that
Limited IP won the Debtors' its intellectual property and
e-commerce business line with an undisclosed bid.

Sunrise Brands, LLC being selected as a back-up bidder through and
including March 9, 2017.

                     About Limited Stores

Limited Stores Company, LLC, et al., comprise a multi-channel
retailing company operating under the name "The Limited," which
specializes in the sale of women's clothing.  

Founded in 1963 as a single store, Limited Stores expanded over the
past five decades to become a household name throughout the United
States for women's apparel.  At its peak, Limited Stores operated
approximately 750 retail brick and mortar store locations in the
United States as well as an e-commerce channel, which was
accessible through the Web site at http://www.TheLimited.com/

Limited Stores Company, LLC, Limited Stores, LLC, and The Limited
Stores GC, LLC, filed voluntary petitions under Chapter 11 of the
Bankruptcy Code (Bankr. D. Del. Lead Case No. 17-10124) on Jan. 17,
2017, blaming, among other things, the shift of consumer preference
from shopping at brick and mortar stores to online shopping.  The
petitions were signed by Timothy D. Boates, authorized signatory.

Limited Stores Company estimated $10 million to $50 million in
assets and $100 million to $500 million in liabilities.

The Debtors tapped Klehr Harrison Harvey Branzburg LLP as counsel;
and Donlin, Recano & Company, Inc., as notice, claims and balloting
agent.

On Jan. 24, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  Kelley Drye & Warren
LLP is the proposed counsel to the Official Committee of Unsecured
Creditors.


LUKE'S LOCKER: Seeks to Hire Joseph Sullivan LLC, Appoint CRO
-------------------------------------------------------------
Luke's Locker Incorporated seeks approval from the U.S. Bankruptcy
Court for the Eastern District of Texas to hire Joseph Sullivan LLC
and appoint the firm's president as chief restructuring officer.

Joseph Sullivan and his firm will assist the company and its
affiliates in analyzing and evaluating their financial position,
operations and assets.  They will also assist the Debtors in
determining the best means to implement their strategy, including a
potential restructuring, refinancing or sale of their assets.

Mr. Sullivan will be paid for his services as CRO at an hourly rate
of $300 while other JSA personnel will be paid $225 per hour or
less.  Moreover, the firm will receive reimbursement for
work-related expenses.

In a court filing, Mr. Sullivan disclosed that his firm is a
"disinterested person" as defined in section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Joseph Sullivan
     Joseph Sullivan LLC
     138 Wagon Wheel Ln
     Wylie, TX 75098-6282
     Phone: (972) 463-1125

                About Luke's Locker Incorporated

Luke's Locker Incorporated, owner of Luke's Locker fitness and
running stores in Texas, and its affiliates sought Chapter 11
protection (Bankr. D. Tex. Lead Case No. 17-40126) on Jan. 24,
2017.  The petitions were signed by Matthew Lucas, president and
CEO.  The cases are assigned to Judge Brenda T. Rhoades.  

Melissa S. Hayward, Esq., at Franklin Hayward LLP, in Dallas,
serves as the Debtors' counsel.  Luke's Locker estimated $1 million
to $10 million in assets and liabilities.

No trustee or examiner has been appointed in the Debtors' cases.


LUVIS AMBULANCE: Unsecureds to Recoup 70% Under Chapter 11 Plan
---------------------------------------------------------------
Luvis Ambulance Services, Inc., filed with the U.S. Bankruptcy
Court for the District of Puerto Rico a disclosure statement
describing its plan of reorganization, dated Feb. 16, 2017.

The plan proposes to give Class 4 general unsecured creditors a
distribution of $18,000.  This distribution is projected to equal a
70% distribution on allowed Class 4  claims.  These claims will be
paid via 60 monthly payments in the amount of $300.  Payments on
the Class 4 Claims will commence on the first day of the 61st month
following the Effective Date of the Plan and continue, on a monthly
basis, through the last day of the 120th month following the
Effective Date of the Plan.  This class is impaired.

The Plan will be funded from the cash-flows generated by the
Reorganized Debtor.  The Debtor's cash flows consist of the revenue
generated by the Debtor’s rental income.

The Plan Proponent believes that the Debtor will have enough cash
on hand on the effective date of the Plan to pay all the claims and
expenses that are entitled to be paid on that date.  The Debtor
estimates that at the time of an Order of Confirmation, the debtor
will sufficient in liquid assets to fund the Plan.

A copy of the Disclosure Statement is available at:

       http://bankrupt.com/misc/prb16-06244-11-49.pdf

Luvis Ambulance Services Inc. filed a Chapter 11 bankruptcy
petition (Bankr. D.P.R. Case No. 16-06244) on Aug. 5, 2016.  Judge
Enrique S. Lamoutte Inclan presides over the case.


MASSAPEQUA FARMS: Case Summary & 8 Unsecured Creditors
------------------------------------------------------
Debtor: Massapequa Farms LLC
        114-11 Lefferts Blvd.
        South Ozone Park, NY 11420

Case No.: 17-40780

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: February 22, 2017

Court: United States Bankruptcy Court
       Eastern District of New York (Brooklyn)

Judge: Hon. Elizabeth S. Stong

Debtor's Counsel: Ted J. Donovan, Esq.
                  GOLDBERG WEPRIN FINKEL GOLDSTEIN LLP
                  1501 Broadway, 22nd Floor
                  New York, NY 10036
                  Tel: (212)-301-6943
                  Fax: (212)-422-6836
                  E-mail: Tdonovan@gwfglaw.com

Total Assets: $3.75 million

Total Liabilities: $458,475

The petition was signed by Mike Hassen, manager.

A copy of the Debtor's list of eight unsecured creditors is
available for free at http://bankrupt.com/misc/nyeb17-40780.pdf


MCGAHAN FAMILY: Unsecureds to Get $60,110, Plus 6%, by Oct. 2018
----------------------------------------------------------------
McGahan Family Limited Partnership filed with the U.S. Bankruptcy
Court for the District of Alaska a disclosure statement dated Feb.
22, 2017, explaining its plan of reorganization.

Unsecured claims will be paid $60,110 plus accrued interest at 6%
on or before Oct. 31, 2018, with the total amount paid estimated to
be $69,464.

The Debtor is expecting the Plan to be confirmed on June 30, 2017.
The Debtor must have sufficient cash to pay the following payments
within 10 days of plan confirmation.  As of Dec. 31, 2016, the
Debtor has cash on hand in the amount of $324.

The Debtor will cause Merrill Myron McGahan (a partner in the
debtor partnership) to pay the US $1,300 per month during the
pendency of the Plan starting March 25, 2017, and on the same day
of each month thereafter.  The Debtor will be in default if Merrill
Myron McGahan fails to make the monthly payment.  The U.S. will
give the Debtor notice that it is in default pursuant to this
section.  If the Debtor does not remedy the default in 20 days, the
Debtor will be in default.  

The Disclosure Statement is available at:

            http://bankrupt.com/misc/akb16-00049-91.pdf

                      About McGahan Family LP

McGahan Family Limited Partnership sought protection under Chapter
11 of the Bankruptcy Code (Bankr. D. Alaska Case No. 16-00049) on
March 4, 2016.  The Debtor estimated less than $50,000 in assets
$50,000 to $100,000 in liabilities.  The Debtor is represented by
Terry P. Draeger, Esq., at Beaty & Draeger, Ltd.

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 McGahan Family Limited Partnership.


MERRIMACK PHARMACEUTICALS: FMR Reports 15% Equity Stake
-------------------------------------------------------
FMR LLC and Abigail P. Johnson disclosed in an amended Schedule 13G
filed with the Securities and Exchange Commission that they
beneficially owned 19,442,391 shares of common stock of Merrimack
Pharmaceuticals representing 14.999 percent of the shares
outstanding.  Fidelity Growth Company Fund also reported beneficial
ownership of 7,145,021 common shares.  A full-text copy of the
regulatory filing is available at https://is.gd/5F0G9y

                         About Merrimack

Cambridge, Mass.-based Merrimack Pharmaceuticals, Inc., a
biopharmaceutical company discovering, developing and preparing to
commercialize innovative medicines consisting of novel
therapeutics paired with companion diagnostics.  The Company's
initial focus is in the field of oncology.  The Company has five
programs in clinical development.  In it most advanced program,
the Company is conducting a pivotal Phase 3 clinical trial.

Merrimack reported a net loss of $148 million on $89.3 million of
total revenues for the year ended Dec. 31, 2015, compared to a net
loss of $83.6 million on $103 million of total revenues for the
year ended Dec. 31, 2014.

As of Sept. 30, 2016, Merrimack had $118.4 million in total
assets, $345.55 million in total liabilities and a total
stockholders' deficit of $226.78 million.


MESOBLAST LIMITED: Study Shows MPCs Improve Disease Severity
------------------------------------------------------------
Mesoblast Limited announced results of a new study published in the
current issue of the peer-reviewed journal Stem Cell Research &
Therapy, showing that a single intravenous infusion of 150 million
of the Company's proprietary allogeneic "off-the-shelf" STRO-3
immunoselected Mesenchymal Precursor Cells (MPCs) significantly
improved clinical disease severity, reduced joint cartilage
erosions, and improved synovial inflammation and histopathology in
a large animal model of early rheumatoid arthritis (RA).1

This is the first study to show that intravenously administered
STRO-1/STRO-3 immunoselected MPCs can ameliorate clinical and
histopathologic disease severity in a large animal model of
collagen-induced arthritis, a highly relevant and predictive model
of human RA.  The study's lead investigators, from the Faculty of
Veterinary and Agricultural Sciences, University of Melbourne,
compared treatment with a single intravenous infusion of either 150
million allogeneic, STRO-3 immunoselected and culture-expanded
sheep MPCs or saline in 16 sheep with early collagen-induced
arthritis.  This well-established large animal model of human RA is
driven by multiple pro-inflammatory cytokines produced by synovial
fibroblasts, T cells and monocytes, and progresses from
monoarthritis early in the disease to inflammation of multiple
joints (polyarthritis), cartilage erosions, and joint destruction.

Mesenchymal lineage precursors and stem cells have been shown to be
capable of targeting mechanistic pathways that are central to the
process of progressive RA in humans, including by inhibiting the
joint synovial fibroblast pro-inflammatory factor NF-kappaB that is
implicated in synovial proliferation, inflammation, and joint
destruction, and by polarizing pro-inflammatory monocytes and T
cells to anti-inflammatory states. Notably, STRO-1 positive MPCs
have been shown to be at least 10-fold more potent inhibitors of
T-cell activation and proliferation than conventional
plastic-adherent Mesenchymal Stem Cells (MSCs).  

Key clinical, immunologic, and histopathologic outcomes of the
study were:

  * Within two days, the MPC-treated group showed significantly
    faster decline of elevated neutrophil numbers in the blood
    than saline-treated controls, a white blood cell type that
    plays a critical role in the clinical manifestations of RA,
    gout and other inflammatory joint diseases in humans

  * Within four days, and over the two-week study period, the MPC-
    treated group had a significantly lower composite clinical
    score of lameness, joint swelling and pain compared with
    saline-treated controls, with significant improvements seen in
    each of these clinical parameters

  * Markers of inflammation in the blood (interleukin 17 and
    Activin A) were significantly reduced in the MPC-treated group

    compared with saline-treated controls over the two-week study
    period  

  * At the end of the study, the MPC-treated group showed
    significantly less joint destruction and joint inflammation
    compared with saline-treated controls, as evidenced by:

     -- significantly reduced joint cartilage erosions

     -- significantly reduced levels of activated synovial
        fibroblasts and fibrosis

     -- significantly reduced infiltration of synovial tissues
        with monocytes and CD4 T cells, and;

     -- significantly reduced blood vessel formation within the
        synovial tissues

  * All of these histopathologic components ameliorated by MPC
    treatment are key features associated with progressive joint
    disease and destruction in patients with active RA.

This study shows that Mesoblast's MPCs administered intravenously
can significantly ameliorate inflammatory arthritis, and provides
important mechanistic and translational support for the improved
clinical outcomes previously reported in the ongoing Phase 2 trial
with Mesoblast's product candidate MPC-300-IV in patients with RA
who are refractory to TNF-alpha inhibitors and other biologic
agents.  

  Durable Responses and Sustained Low Disease Activity Over Nine  

  Months After a Single Dose of Mesoblast Cell Therapy in
  Rheumatoid Arthritis Patients Resistant to Anti-TNF Agents

Key points:

   * A single intravenous infusion of Mesoblast's allogeneic "off

    -the-shelf" Mesenchymal Precursor Cells (MPCs) resulted in
     durable responses through nine months (39 weeks) in a 48-
     patient placebo-controlled, randomized Phase 2 trial in
     rheumatoid arthritis (RA) patients resistant to anti-Tumor
     Necrosis Factor (TNF) agents

   * The safety profile over 39 weeks was comparable among the
     placebo and both MPC treatment groups, with no cell-related
     serious adverse events

   * Both MPC doses outperformed placebo at week 39 in each of
     ACR20/50/70 responses, as well as by median ACR-N analysis

   * Continuous variables ACR-N, HAQ-DI and DAS-28 were used in
     line with the FDA Guidance For Industry Rheumatoid Arthritis:
     Developing Drug Products For Treatment, May 2013, and
     identified the 2 million MPC/kg dose as the most effective
     over 39 weeks

   * The 2 million MPC/kg dose showed the earliest and most
     sustained treatment benefit

   * The RA population resistant to anti-TNF agents constitutes
     about one-third of patients treated with these agents, is the

     fastest growing branded market segment within the $19 billion

     global RA biologics market, and is set to grow further as
     multiple anti-TNF biosimilars become available; the goal of
     therapy in these patients is to achieve early and sustained
     low disease activity which correlates with prevention of
     structural joint damage in RA

   * Given the serious nature of anti-TNF resistant RA, MPC-300-IV

     is well-positioned to be developed as a regenerative advanced

     therapy to target this major unmet medical need

Mesoblast Limited announced 39-week data from its Phase 2 trial in
patients with rheumatoid arthritis (RA) resistant to anti-Tumor
Necrosis Factor (TNF) agents.  The results showed that a single
intravenous infusion of the Company's proprietary allogeneic cell
therapy product candidate, MPC-300-IV, was well tolerated and
demonstrated a durable improvement in clinical symptoms, physical
function, and disease activity relative to placebo over this period
of follow-up.

Mesoblast Chief Executive Silviu Itescu commented: "The nine-month
outcomes generated from this study are highly encouraging.  The
early and durable effects seen from a single infusion of 2 million
MPC/kg support the potential of our allogeneic cell therapy to be
positioned as an early treatment option for patients resistant to
anti-TNF agents."

Major advances in the treatment of RA using biologic agents have
resulted in a $19 billion global market in 2016, the majority of
which is due to use of anti-TNF agents.  The RA population
resistant to anti-TNF agents, which constitutes about one-third of
patients treated with anti-TNF agents, is the fastest growing
branded market segment within the global RA biologics market, and
is set to grow further as multiple anti-TNF biosimilars become
available.

Mesoblast's Phase 2 trial recruited a total of 48 patients with
active RA who were on a stable regimen of methotrexate and had an
inadequate prior clinical response to at least one anti-TNF agent.
Of the 48 patients, 30 (63%) had previously received 1-2 biologic
agents. Patients were randomized to a single intravenous infusion
of 1 million MPCs/kg (1M/kg, n=16), 2 million MPCs/kg (2M/kg, n=16)
or placebo (n=16).  The study was comprised of a 12 week primary
study period, and a total study duration of 52 weeks.  

The primary objective of the study was to evaluate safety and
tolerability of a single intravenous MPC infusion in these biologic
refractory RA patients through a 12 week primary endpoint.
Additional objectives were to evaluate clinical efficacy at the 12
week endpoint and to assess the durability of effects and safety
profile through the full 52 week study.

Pre-specified efficacy endpoints included the following: American
College of Rheumatology (ACR) composite clinical response, which is
an endpoint used in RA clinical trials to measure improvement in
signs and symptoms of the disease in terms of 20%, 50% or 70%
improvement from baseline; ACR-N which measures the mean or median
magnitude of benefit using an ACR composite for a typical patient;
the health assessment questionnaire-disability index (HAQ-DI), a
standardized measure of functional status; and the DAS28 composite
measurement of disease activity; no adjustment for multiplicity was
performed as these efficacy endpoints were exploratory and the
trial was not powered for efficacy.

Additionally, continuous variables ACR-N, HAQ-DI and DAS-28 were
evaluated in a pre-specified manner since the use of endpoints
sensitive to change provide better discriminatory power for
dose-response assessment, in line with the FDA Guidance For
Industry Rheumatoid Arthritis: Developing Drug Products For
Treatment, May 2013.

Analyses were performed for the whole study population and for the
pre-specified exploratory subgroups based on whether the subjects
had previously received 1-2 biologic agents or more than 2 biologic
agents.  

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

                     https://is.gd/gqkwa0

                     About Mesoblast Ltd.

Melbourne, Australia-based Mesoblast Limited (ASX:MSB; Nasdaq:MESO)
develops cell-based medicines.  The Company has leveraged its
proprietary technology platform, which is based on specialized
cells known as mesenchymal lineage adult stem cells, to establish a
broad portfolio of late-stage product candidates.  Mesoblast's
allogeneic, 'off-the-shelf' cell product candidates target advanced
stages of diseases with high, unmet medical needs including
cardiovascular diseases, immune-mediated and inflammatory
disorders, orthopedic disorders, and oncologic/hematologic
conditions.

Mesoblast reported a loss before income tax of $90.82 million for
the year ended June 30, 2016, compared to a loss before income
tax of $96.24 million for the year ended June 30, 2015.

As of Sept. 30, 2016, Mesoblast had $665.4 million in total
assets, $155.6 million in total liabilities and $509.9 million in
total equity.

PricewaterhouseCoopers, in Melbourne, Australia, issued a "going
concern" qualification on the consolidated financial statements
for the year ended June 30, 2016, citing that the Company has
suffered recurring losses from operations that raise substantial
doubt about its ability to continue as a going concern.


METRO FUEL: Former Controller Pleads Guilty to Bank Fraud
---------------------------------------------------------
William Gorta, writing for Bankruptcy Law360, reports that Michael
Scafura, who was the controller and CPA at Metro Fuel Oil Corp.,
won't be jailed after pleading guilty to conspiring with CEO Thomas
Torre to commit a $30 million bank fraud in 2014.

Law360 relates that a New York federal judge backed off on Feb. 21
her stated intention to have Mr. Scafura serve 90 days in a halfway
house because he might meet bad people in there.

                         About Metro Fuel

Metro Fuel Oil Corp., is a family-owned energy company, founded in
1942, that supplies and delivers bioheat, biodiesel, heating oil,
central air conditioning units, ultra low sulfur diesel fuel,
natural gas and gasoline throughout the New York City metropolitan
area and Long Island.  Owned by the Pullo family, Metro has 55
delivery trucks and a 10 million-gallon fuel terminal in Brooklyn.

Financial problems resulted in part from cost overruns in building
an almost-complete biodiesel plant with capacity of producing 110
million gallons a year.

Based in Brooklyn, New York, Metro Fuel Oil Corp., fka Newtown
Realty Associates, Inc., and several of its affiliates filed for
Chapter 11 bankruptcy protection (Bankr. E.D.N.Y. Lead Case No.
12-46913) on Sept. 27, 2012.  Judge Elizabeth S. Stong presides
over the case.  Nicole Greenblatt, Esq., at Kirkland & Ellis LLP,
represents the Debtor.  The Debtor selected Epiq Bankruptcy
Solutions LLC as notice and claims agent.  The Debtor tapped Carl
Marks Advisory Group LLC as financial advisor and investment
banker, Curtis, Mallet-Prevost, Colt & Mosle LLP as co-counsel, AP
Services, LLC as crisis managers for the Debtors, and David
Johnston as their chief restructuring officer.

The petition showed assets of $65.1 million and debt totaling
$79.3 million.  Liabilities include $58.8 million in secured debt,
with $48.3 million owing to banks and $10.5 million on secured
industrial development bonds.  Metro Terminals Corp., affiliate of
Metro Fuel Oil Corp., disclosed $38,613,483 in assets and
$71,374,410 in liabilities as of the Chapter 11 filing.

The U.S. Trustee appointed a seven-member creditors committee.
Kelley Drye & Warren LLP represents the Committee.  The Committee
tapped FTI Consulting, Inc. as its financial advisor.

On Feb. 15, 2013, the Bankruptcy Court entered an order approving
the sale of substantially all of the assets of the Debtors to
United Refining Energy Corp., for the base purchase price of
$27,000,000, subject to adjustments.


METRO GLASS: Seeks to Hire Hicks & Alhejaj as Legal Counsel
-----------------------------------------------------------
Metro Glass, Inc. seeks approval from the U.S. Bankruptcy Court for
the District of Nebraska to hire legal counsel in connection with
its Chapter 11 case.

The Debtor seeks to hire Hicks & Alhejaj, P.C. to give legal advice
regarding its duties under the Bankruptcy Code, prepare a
bankruptcy plan, and provide other legal services.

The hourly rates charged by the firm are:

     David Hicks          $350
     Roxanne Alhejaj      $300
     Other Attorneys      $250
     Paralegals/Staff     $100

Hicks & Alhejaj does not hold or represent any interest adverse to
the Debtor's bankruptcy estate, according to court filings.

The firm can be reached through:

     David G. Hicks, Esq.
     Hicks & Alhejaj, P.C.
     11717 Burt Street, Suite 106
     Omaha, NE 68154
     Phone: +1 402-345-1717

                     About Metro Glass Inc.

Metro Glass, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Neb. Case No. 17-80183) on February 17,
2017.  At the time of the filing, the Debtor estimated assets of
less than $100,000 and liabilities of less than $1 million.


METROPOLITAN BAPTIST: Unsecureds to Get Monthly Payments for 8 Yrs.
-------------------------------------------------------------------
Metropolitan Baptist Church filed with the U.S. Bankruptcy Court
for the District of Columbia a disclosure statement dated Feb. 22,
2017, in support of the Debtor's Chapter 11 plan.

The Court has scheduled a hearing at 10:30 am on April 26, 2017, to
consider whether the Disclosure Statement and the Plan satisfy the
various requirements of the Bankruptcy Code, including whether the
Plan is feasible.

Class B consists of all unsecured claims, including but not limited
to the deficiency claim of TMI Trust Company and the litigation
claims of JE Dunn and SRP Development.  The stated amount of TMI
Trust Company's claim is $29,638,779.27.  The stated amount of JE
Dunn's claim is $4,220,953.  The stated amount of SRP Development's
claim is $3,575,000.  Allowed Unsecured Claims will be paid as
follows:

    (1) Metropolitan will pay a "Monthly Payment" each month based

        upon the prior month's gross revenue and applicable
        expenses as follows: Monthly Payment = (30% x Church's
        gross revenue) - (base monthly rent [under Mercantile
        Lease], additional rent [under Mercantile Lease], taxes
        and utilities).  The Monthly Payment will be paid for a
        period of 96 months and the Deficiency Claim will be
        deemed fully paid and satisfied upon completion of the
        Monthly Payments;

    (2) TMI Trust Company, acting as paying agent, will receive
        the Monthly Payments and distribute the Monthly Payment,
        on a pro rata basis, among the holders of all Allowed
        Unsecured Claims;

    (3) the payment of all Unsecured Claims, including the
        deficiency, will be contingent upon the approval and
        confirmation of Debtor's Plan; and

    (4) the payment of Unsecured Claims, including the deficiency,

        under the confirmed Plan will commence not later than 60
        days from the date of a final court order confirming the
        Plan.  Class B is Impaired.

The Plan is a reorganization plan under Section 1129(a) and (b) of
the U.S. Bankruptcy Code and is premised upon a prepetition
settlement agreement entered into between Metropolitan and its
principal creditor providing for the payment and full satisfaction
of a $29 million deficiency.  The settlement agreement acknowledges
the fact that Metropolitan would not be able to pay the deficiency
and reflects the parties desire to work cooperatively toward the
formulation of a fair and equitable agreement for the settlement of
the claim.  The settlement agreement establishes a fund for the
payment of the deficiency from Metropolitan's revenue, while
reserving sufficient revenue for Metropolitan to continue to
operate its religious programs and to function as a viable
non-profit organization.  The settlement provides that the fund
will be used for the payment of all Allowed Unsecured Claims on a
pro rata basis.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/dcb16-00040-105.pdf

As previously reported by The Troubled Company Reporter, the Debtor
filed a Chapter 11 Plan and accompanying Disclosure Statement on
Sept. 28, 2016, which provides for a pro rata recovery for general
unsecured claims.  The Plan is premised on a prepetition settlement
between the Debtor and its principal creditor for the payment of a
$29 million deficiency.

              About Metropolitan Baptist Church

Headquartered in Largo, Maryland, Metropolitan Baptist Church is a
not-for-profit religious corporation, originally incorporated in
the District of Columbia in 1892.

Metropolitan Baptist Church sought the Chapter 11 protection
(Bankr. D. D.C. Case No. 16-00040) on Feb. 5, 2016.  The petition
was signed by Harry T. Jones, Jr., Chair, Board of Trustees.  The
Debtor estimated assets in the range of $1 million to $10 million
and $10 million to $50 million.

Judge Martin S. Teel, Jr., presides over the case.

Wendell W. Webster, Esq., at Webster & Fredrickson, PLLC, serves as
the Debtor's counsel.


MONROE HEIGHTS: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Monroe Heights Development Corporation, Inc.
        95 Brook Rd.
        Clarion, PA 16214

Case No.: 17-10176

Chapter 11 Petition Date: February 22, 2017

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

Judge: Hon. Thomas P. Agresti

Debtor's Counsel: Donald R. Calaiaro, Esq.
                  CALAIARO VALENCIK
                  428 Forbes Ave., Suite 900
                  Pittsburgh, PA 15219
                  Tel: 412-232-0930
                  Fax: 412-232-3858
                  E-mail: dcalaiaro@c-vlaw.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by John Habjan, shareholder.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/pawb17-10176.pdf


MOTORS LIQUIDATION: Trustee Can Reallocate $4.9-Mil. for Expenses
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of New York
entered an order authorizing Wilmington Trust Company, in its
capacity as trust administrator and trustee of the Motors
Liquidation Company GUC Trust, to reallocate and use $4,970,600 of
distributable cash to satisfy administrative costs estimated for
the calendar year 2017, all as set forth in the 2017 administrative
costs budget.  The bankruptcy court also extended the duration of
the GUC Trust, for an additional 12 months through and including
March 31, 2018.

As previously disclosed in a Current Report on Form 8-K filed with
the Securities and Exchange Commission on Jan. 20, 2017, in
accordance with the Debtors' Second Amended Joint Chapter 11 Plan
dated as of March 18, 2011, of Motors Liquidation Company and
certain of its affiliates as debtors and debtors in possession and
the Second Amended and Restated Motors Liquidation Company GUC
Trust Agreement dated as of July 30, 2015, and executed by the
parties thereto, Wilmington Trust filed a motion with the
Bankruptcy Court seeking an order (i) authorizing the GUC Trust to
reallocate and use distributable cash held by the GUC Trust to fund
anticipated fees, costs, and expenses of the GUC Trust, and (ii)
extending the duration of the GUC Trust for an additional 12
months, or through and including March 31, 2018.

                    About Motors Liquidation

General Motors Corporation and three of its affiliates filed for
Chapter 11 protection (Bankr. S.D.N.Y. Lead Case No. 09-50026) on
June 1, 2009.  The Honorable Robert E. Gerber presides over the
Chapter 11 cases.  Harvey R. Miller, Esq., Stephen Karotkin,
Esq., and Joseph H. Smolinsky, Esq., at Weil, Gotshal & Manges LLP,
assist the Debtors in their restructuring efforts.  Al Koch at AP
Services, LLC, an affiliate of AlixPartners, LLP, serves as the
Chief Executive Officer for Motors Liquidation Company.  GM is also
represented by Jenner & Block LLP and Honigman Miller
Schwartz and Cohn LLP as counsel.  Cravath, Swaine, & Moore LLP is
providing legal advice to the GM Board of Directors.  GM's
financial advisors are Morgan Stanley, Evercore Partners and the
Blackstone Group LLP.  Garden City Group is the claims and notice
agent of the Debtors.

The U.S. Trustee appointed an Official Committee of Unsecured
Creditors and a separate Official Committee of Unsecured Creditors
Holding Asbestos-Related Claims.  Lawyers at Kramer Levin Naftalis
& Frankel LLP served as bankruptcy counsel to the Creditors
Committee.  Attorneys at Butzel Long served as counsel on supplier
contract matters.  FTI Consulting Inc. served as financial advisors
to the Creditors Committee.  Elihu Inselbuch, Esq., at Caplin &
Drysdale, Chartered, represented the Asbestos Committee.  Legal
Analysis Systems, Inc., served as asbestos valuation analyst.

The Bankruptcy Court entered an order confirming the Debtors'
Second Amended Joint Chapter 11 Plan on March 29, 2011.  The Plan
was declared effect on March 31.

On Dec. 15, 2011, Motors Liquidation Company was dissolved.  On the
Dissolution Date, pursuant to the Plan and the Motors Liquidation
Company GUC Trust Agreement, dated March 30, 2011, between the
parties thereto, the trust administrator and trustee
-- GUC Trust Administrator -- of the Motors Liquidation Company GUC
Trust, assumed responsibility for the affairs of and certain claims
against MLC and its debtor subsidiaries that were not concluded
prior to the Dissolution Date.


MRN HOMES: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------
The Office of the U.S. Trustee on Feb. 23 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of MRN Homes of Georgia, LLC.

MRN Homes of Georgia, LLC, is a Georgia limited liability company
that is primarily in the business of residential roofing.

MRN Homes of Georgia filed a voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ga. Case No.
17-50831) on Jan. 17, 2017.  The petition was signed by James W.
Hewatt, owner/managing member.  The Debtor is represented by Will
B. Geer, Esq., at the Law Office of Will B. Geer, LLC.  The case is
assigned to Judge Wendy L. Hagenau.  The Debtor estimated assets at
$500,000 to $1 million and liabilities at $1 million to $10 million
at the time of the filing.


MURRAY ENERGY: Reorg Research Appeals Order to Reveal Sources
-------------------------------------------------------------
Keith Goldberg, writing for Bankruptcy Law360, reports that Reorg
Research Inc. is appealing a New York state judge's ruling that
Murray Energy Corp. can obtain the confidential sources Reorg
Research used to report on Murray Energy's debt restructuring
efforts.  The judge ruled that Reorg Research wasn't a journalism
outlet eligible for protection by the state's shield law, Law360
recalls.

Murray Energy Corp. -- http://www.murrayenergycorp.com/-- is the
largest privately owned coal company in the United States,
producing approximately 65 million tons of high quality bituminous
coal each year, and employing over 6,000 people in six states.


NEIMAN MARCUS: Bank Debt Trades at 21% Off
------------------------------------------
Participations in a syndicated loan under Neiman Marcus Group Inc.
is a borrower traded in the secondary market at 79.25
cents-on-the-dollar during the week ended Friday, February 17,
2017, according to data compiled by LSTA/Thomson Reuters MTM
Pricing.  This represents a decrease of 1.26 percentage points from
the previous week.  Neiman Marcus pays 300 basis points above LIBOR
to borrow under the $2.9 billion facility. The bank loan matures on
Oct. 16, 2020 and carries Moody's B2 rating and Standard & Poor's
CCC+ rating.  The loan is one of the biggest gainers and losers
among 247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended February 17.


NEW COUNTRY WIRELESS: Taps Casner & Edwards as Legal Counsel
------------------------------------------------------------
New Country Wireless, LLC seeks approval from the U.S. Bankruptcy
Court for the District of Massachusetts to hire Casner & Edwards,
LLP as its legal counsel.

The Debtor previously proposed to employ Murtha Cullina, LLP but
the court has not yet acted on its application.  On Jan. 23, the
Boston-based law firm filed a motion to withdraw from the Debtor's
bankruptcy case.

The services to be provided by Casner & Edwards include advising
the Debtor regarding its duties under the Bankruptcy Code,
assisting in the sale of its assets, pursuing claims on behalf of
the bankruptcy estate, and assisting in the preparation of a
bankruptcy plan.

The hourly rates charged by the firm range from $350 to $550 for
partners, and $250 to $375 for associates.  Paralegals charge $175
per hour.

The attorneys and paralegals who are expected to represent the
Debtor and their hourly rates are:

     Michael Goldberg       $450
     Michael Fencer         $450
     A. Davis Whitesell     $420
     David Koha             $320
     Dee Ying Luo           $175

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

Casner & Edwards can be reached through:

     Michael J. Goldberg, Esq.
     Casner & Edwards, LLP
     303 Congress Street
     Boston, MA 02210
     Tel: (617) 426-5900
     Fax: (617) 426-8810
     Email: goldberg@casneredwards.com

                   About New Country Wireless

New Country Wireless, LLC filed a Chapter 11 petition (Bankr. D.
Mass. Case No. 16-42199), on December 26, 2016.  The petition was
signed by Charbal M. Yousef, president, manager.  The case is
assigned to Judge Christopher J. Panos.  

The Debtor hired Verdolino & Lowey, PC as its accountant and
financial advisor, and Todd & Weld LLP as its special counsel.

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

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


NEW WORLD CONDOMINIUM: Fire Alarm Specialists to Get 100% in 60 Mos
-------------------------------------------------------------------
New World Condominium Apartments IV filed with the U.S. Bankruptcy
Court for the Southern District of Florida an amended disclosure
statement dated Feb. 22, 2017, referring to the Debtor's Chapter 11
amended plan of reorganization filed on Dec. 20, 2016.

The Class 3 secured claim of Fire Alarm Specialists are impaired
under the Plan.  Fire Alarm will be paid 100% of the balance owed
of $58,553 over 60 months in monthly payments of $975.88.

Funds for the payment under the Plan will be from pre and post
confirmation collection of assessments (regular and special) and
receivables.  The Debtor expects to special assess only to the
extent required to meet the plan obligations and other necessary
functions of the reorganized Debtor.

The Amended Disclosure Statement is available at:

           http://bankrupt.com/misc/flsb16-12401-86.pdf

As reported by the Troubled Company Reporter on Jan. 5, 2017, the
Debtor proposed a plan to pay unsecured creditors in full.  Under
that proposed restructuring plan, Class 4 general unsecured
creditors would recover 100% of their allowed claims.  These
creditors would receive quarterly pro rata payments over 60 months,
with the first payment to commence on the effective date of the
plan.

                  About New World Condominium

New World Condominium Apartments IV Condominium Association Inc., a
not-for-profit condominium association, sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Fla. Case No.
16-12401) on Feb. 22, 2016.  The petition was signed by William
Puckett, president.  The Debtor is represented by Jay M. Gamberg,
Esq., at Gamberg & Abrams.  The Debtor estimated assets at $100,001
to $500,000 and liabilities at $500,001 to $1 million at the time
of the filing.


OLYMPIA OFFICE: Wants to Align Exclusive Periods With Co-Debtors
----------------------------------------------------------------
Debtor Olympia Office LLC, requests the U.S. Bankruptcy Court for
the Eastern District of New York to extend the exclusive periods
within which it may file a plan of reorganization and solicit
acceptances of a plan, through and including March 28, 2017 and May
28, 2017, respectively.

The Debtor seeks such extension so that the Olympia deadlines will
coincide with the plan deadlines of its related debtors - WA
Portfolio LLC, Seahawk Portfolio LLC and Mariners Portfolio LLC.
The Debtor wants to preserve its exclusive opportunity to file a
Plan and solicit acceptances for such Plan for an additional 39
days so as to further settlement talks and to promote economy of
the Debtors' cases as a result of aligning the expiration dates of
each of the Debtors' exclusive periods.

The Debtor relates that while they have substantially completed the
formulation of a plan of reorganization and disclosure statement,
the Debtors, however, have engaged, and continue to engage in
negotiations with the Noteholder aiming at a global resolution.
The Debtor also relates that the Noteholder has agreed and
consented to the requested extension taking into consideration the
Debtors' recent focus on their settlement talks, but conditioned
that it will be a one-time request.

A hearing on the Debtor's Motion will be held on March 22, 2017 at
12:00 p.m.  Any objections to the relief requested in the Motion
must be filed no later than March 15, 2017.

                    About Olympia Office

Olympia Office LLC, based in Cedarhurst, NY, filed a Chapter 11
petition (Bankr. E.D.N.Y. Case No. 16-74892) on Oct. 20, 2016.  The
petition was signed by Sung II Han, vice president.  The Hon. Alan
S Trust presides over the case.  In its petition, the Debtor
estimated $10 million to $50 million in both assets and
liabilities.

The affiliates of Olympia Office LLC:  WA Portfolio LLC; Mariners
Portfolio LLC; and Seahawk Portfolio LLC filed separate Chapter 11
bankruptcy petitions (Bankr. E.D.N.Y. Case Nos. 16-75515, 16-75516
and 16-75517, respectively) on Nov. 28, 2016.  At the time of
filing, each of the debtor-affiliates had $10 million to $50
million in estimated assets and $50 million to $100 million in
estimated liabilities.

The Debtors are represented by Jordan Pilevsky, Esq., at Lamonica
Herbst & Maniscalco LLP.  The Debtors employ Mike Livingston and
Kiemle & Hagood Company as real estate broker.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case.


OUTSOURCING STORAGE: Taps Cunningham Chernicoff as Legal Counsel
----------------------------------------------------------------
Outsourcing Storage, Inc. seeks approval from the U.S. Bankruptcy
Court for the Middle District of Pennsylvania to hire legal counsel
in connection with its Chapter 11 case.

The Debtor proposes to hire Cunningham, Chernicoff & Warshawsky,
P.C. to give legal advice regarding its duties under the Bankruptcy
Code, and provide other legal services.

The hourly rates charged by the firm are:

     Robert Chernicoff              $350
     Partners                $200 - $300
     Associate Attorneys     $150 - $200
     Paralegals                     $100

Cunningham has no connection with the Debtor or any of its
creditors, according to court filings.

The firm can be reached through:

     Robert E. Chernicoff, Esq.
     Cunningham, Chernicoff & Warshawsky, P.C.
     2320 North Second Street
     P.O. Box 60457
     Harrisburg, PA 17106-0457
     Phone: (717) 238-6570

                    About Outsourcing Storage

Outsourcing Storage, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M. D. Pa. Case No. 17-00581) on February
13, 2017.  The case is assigned to Judge Robert N. Opel II.

At the time of the filing, the Debtor estimated assets of less than
$100,000 and liabilities of less than $50,000.

Cunningham, Chernicoff & Warshawsky, P.C. has been tapped to serve
as legal counsel to the Debtor.


PAR TWO INVESTORS: Asks Court to Conditionally OK Disclosures
-------------------------------------------------------------
Par Two Investors, Inc., filed an ex parte motion asking the U.S.
Bankruptcy Court for the Middle District of Georgia to
conditionally approve its small business disclosure statement in
support of its plan of reorganization.

The Debtor also asked the court to schedule a combined hearing for
the final approval of the disclosure statement and confirmation of
the plan.

                  About Par Two Investors

Par Two Investors, Inc., is in the business of property management
relating to numerous parcels of land as well as mobile homes that
it offers for rent in Lee County, Georgia.

Par Two Investors sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Ga. Case No. 16-11120) on Sept. 15,
2016.  The petition was signed by George Shane Brinson, officer.
The Debtor is represented by Kenneth W. Revell, Esq. at Zalkin
Revell, PLLC.

At the time of the filing, the Debtor disclosed $1.01 million in
assets and $1.34 million in liabilities.  A significant portion of
Par Two's real and personal property assets are subject to certain
promissory notes and commercial security interests executed by the
Debtor in favor of Synovus Bank, which asserts that the amount
owed
to Synovus Bank as of the Petition Date is $1,232,085.


PARAGON OFFSHORE: Court Moves Plan Filing Deadline to March 31
--------------------------------------------------------------
Judge Christopher Sontchi of the U.S. Bankruptcy Court for the
District of Delaware extended the exclusive periods during which
only Paragon Offshore plc and its affiliated debtors may file their
plan of reorganization and obtain acceptances of their plan through
and including March 31, 2017 and May 30, 2017, respectively.

The Troubled Company Reporter had earlier reported that the Debtors
requested the Court to extend their exclusive periods.  The Debtors
related that they have remained focused on confirming a plan of
reorganization and exiting chapter 11 as expeditiously as possible.
Consequently, on Jan. 18, 2017, the Debtors had announced that they
reached an agreement in principle with the ad hoc committee of the
Term Lenders and the steering committee of the Revolver Lenders on
a term sheet to support a new plan of reorganization.

The Debtors further related that they had also remained in
discussions with holders of the 6.75% senior unsecured notes
maturing July 2022 and 7.25% senior unsecured notes maturing August
2024 in hopes of negotiating a fully consensual chapter 11 plan.

The Debtors told the Court that the Term Sheet contemplates that
the Debtors will obtain Court approval of the New Plan and emerge
from chapter 11 by June 15, 2017.  To that end, the Debtors and the
Secured Lenders had agreed that a further extension of exclusivity
would be appropriate.

The Debtors contended that maintaining exclusivity would allow them
the time and opportunity to attempt to bridge the divide between
their Secured Lenders and unsecured Bondholders and negotiate a
global consensual restructuring -- a result that would clearly
benefit the entire creditor body.

The Debtors further contended that even if a global consensual
restructuring does not materialize, an exclusivity extension would
provide them the time required to put forth the New Plan, a plan
they believe would be viable and provides a realistic path out of
chapter 11, without the value deterioration and disruption to the
Debtors' business operations that likely would be caused by the
filing and prosecution of competing plans.

In addition, pursuant to the Court-issued Bar Date Order, February
10, 2017 had been established as the Claims Bar Date.

                       About Paragon Offshore

Paragon Offshore plc -- http://www.paragonoffshore.com/-- is a
global provider of offshore drilling rigs.  Paragon's operated
fleet includes 34 jackups, including two high specification heavy
duty/harsh environment jackups, and six floaters (four drillships
and two semi-submersibles).  Paragon's primary business is
contracting its rigs, related equipment and work crews to conduct
oil and gas drilling and workover operations for its exploration
and production customers on a dayrate basis around the world.
Paragon's principal executive offices are located in Houston,
Texas.  Paragon is a public limited company registered in England
and Wales and its ordinary shares have been trading on the
over-the-counter markets under the trading symbol "PGNPF" since
December 18, 2015.

Paragon Offshore Plc, et al., filed Chapter 11 bankruptcy Petitions
(Bankr. D. Del. Case Nos. 16-10385 to 16-10410) on Feb. 14, 2016,
after reaching a deal with lenders on a reorganization plan that
would eliminate $1.1 billion in debt.

The petitions were signed by Randall D. Stilley as authorized
representative.  Judge Christopher S. Sontchi is assigned to the
cases.

The Debtors reported total assets of $2.47 billion and total debt
of $2.96 billion as of Sept. 30, 2015.

The Debtors engaged Weil, Gotshal & Manges LLP as general counsel,
Richards, Layton & Finger, P.A. as local counsel, Lazard Freres &
Co. LLC as financial advisor, Alixpartners, LLP as restructuring
advisor, and Kurtzman Carson Consultants as claims and noticing
agent.


PEAK WEB: April 4 Plan Confirmation Hearing
-------------------------------------------
Judge Peter C. McKittrick of the U.S. Bankruptcy Court for the
District of Oregon approved the disclosure statement describing the
plan of reorganization filed by Peak Web LLC, dated Feb. 10, 2017.

Written ballots accepting or rejecting the plan or amended plan
must be served no less than seven days before the hearing date.

Objections to the proposed plan must be in writing and must be
filed no later than seven days before the hearing date.

The hearing on confirmation of the plan will be held on April 4,
2017, at 9:00 A.M. at the US Bankruptcy Court, Courtroom #1, 1001
SW 5th Ave, 7th Floor, Portland, OR 97204.

                        About Peak Web

Headquartered in Oregon, Peak Web, LLC, doing business as Peak
Hosting, is a managed-service company that provides the servers,
storage, network, datacenter, and staff for some of the largest
online businesses.  Peak's operations and engineering teams
currently support 26 customers in industries spanning online and
mobile gaming, finance, real estate, consulting, and big data
companies. Peak has 50% of its data center pre-built and ready for
new customers. This equates to about 100 racks of space, which can
accommodate approximately 2,000 additional servers for the
expansion of new and existing customers.

Peak Web sought Chapter 11 creditor protection (Bankr. D. Ore.
Case
No. 16-32311) on June 13, 2016.  The petition was signed by
Jeffrey
E. Papen as CEO.  The case is assigned to Judge Peter C.
McKittrick.  The Debtor estimated assets in the range of $100
million to $500 million and liabilities of up to $100 million.

The Debtor has engaged Tonkon Torp LLP as general counsel; Ropers
Majeski Kohn Bentley PC as its special counsel; and Susman Godfrey
LLP as its litigation counsel.  The Debtor retained Cascade
Capital
Group, LLC as consultant and Mark Calvert as chief restructuring
officer.

Gail Brehm Geiger, acting U.S. trustee for Region 18, on June 24,
2016, appointed four creditors of Peak Web LLC to serve on the
official committee of unsecured creditors.  Lightower Fiber
Networks was appointed on June 28 to serve on the official
committee.  The Committee retained Ball Janik LLP as counsel.


PFO GLOBAL: Creditors' Committee Named for 2 Debtors
----------------------------------------------------
U.S. Trustee William T. Neary, on Feb. 23, filed an amended notice
of appointment of three member to the official committee of
unsecured creditors of PFO Global, Inc., and Pro- Fit Optix Inc.

The committee members are:

     (1) Commercial Real Estate Lenders Inc.
         Interim Committee Chair
         Attn: Harry Hahamovitch
         President
         2214 West Atlantic Avenue
         Delray Beach, Florida 33445
         Tel: (561) 994-2233
         Fax: (561) 994-2199
         E-mail: nancyungar@hhhcompanies.com

     (2) Hong Kong Optical Lens Company Limited
         Attn: Wayne Ling
         Director of Business Development - Overseas Department
         No. 311 Flat 01, 11/F Kwong San Hong Centre
         151 Hoi Bun Road, Kwun Tong
         Hong Kong
         Tel: (852) 36100552
         Direct Line: (852) 36100552
         Mobile: (852) 69989189
         Fax: (852) 25625524
         E-mail: wayneling@hkoptlens.com

     (3) Howard Glancy
         5280 Chandley Farm Circle
         Centreville, VA 20120
         Tel: (703) 932-0488
         E-mail: 1gl4noy@gmail.com

As reported by The Troubled Company Reporter, the U.S. Trustee
filed a notice of appointment of three members to the Creditors'
Committee of PFO Global, Inc., and five of its wholly owned
subsidiaries.  The amended notice said the Committee was for PFO
Global and Pro- Fit only.

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 PFO Global

PFO Global, Inc., and each of its affiliates Pro Fit Optix Holding
Company, LLC, Pro Fit Optix, Inc., PFO Technologies, LLC, PFO
Optima, LLC, and PFO MCO, LLC, filed their respective Chapter 11
petitions (Bankr. N.D. Tex. Case No. 17-30355, Bankr. N.D. Tex.
Case No. 17-30358, Bankr. N.D. Tex. Case No. 17-30361, Bankr. N.D.
Tex. Case No. 17-30362, Bankr. N.D. Tex. Case No. 17-30363 and
Bankr. N.D. Tex. Case No. 17-30365, respectively) on Jan. 31,
2017.

The Debtors are represented by Rosa R. Orenstein, Esq. and Nathan
M. Nichols, Esq., at Orenstein Law Group, P.C.

The Debtors are a consolidated group of companies that operate in
the eyewear and lenses industry worldwide. Global owns 100% of the
equity interests in Holding.  In turn, Holding owns 100% of the
equity interests in Optix, Technologies, Optima and MCO.


PIONEER ENERGY: Incurs $128.4 Million Net Loss in 2016
------------------------------------------------------
Pioneer Energy Services Corp. filed with the Securities and
Exchange Commission its annual report on Form 10-K disclosing a net
loss of $128.39 million on $277.07 million of total revenues for
the year ended Dec. 31, 2016, compared to a net loss of $155.14
million on $540.77 million of total revenues for the year ended
Dec. 31, 2015.

Revenues for the fourth quarter of 2016 were $71.5 million, up 5%
from revenues of $68.4 million in the third quarter of 2016 and
down 32% from revenues of $104.5 million in the fourth quarter of
2015.  The increase from the prior quarter was primarily due to an
increase in drilling activity in Colombia.

Net loss for the fourth quarter of 2016 was $36.1 million, or $0.53
per share, compared with net loss of $34.6 million, or $0.53 per
share, in the prior quarter and net loss of $48.3 million, or $0.75
per share, in the year-earlier quarter.  The net loss for the
fourth quarter of 2016 includes a $7.6 million valuation allowance
taken against deferred tax assets primarily related to domestic net
operating losses, and an $8.6 million pre-tax impairment charge to
reduce the carrying values of equipment placed as held for sale to
their estimated fair values.

As of Dec. 31, 2016, Pioneer Energy had $700.10 million in total
assets, $418.70 million in total liabilities and $281.39 million in
total shareholders' equity.

"We've worked diligently throughout the downturn to maintain a
healthy balance sheet and remain in a strong position to fully
participate in a recovery," said Wm. Stacy Locke, president and CEO
of Pioneer Energy Services.  "Our focus on managing costs and
liquidity, monetizing non-strategic assets, accessing the capital
markets when appropriate, and continuing to be a provider of choice
enabled us to continue delevering while enhancing our fleets.  As
we enter 2017 with oil prices above $50 per barrel, our highly
capable fleet of equipment and excellent service track record
should lead to a better year ahead.

"Our customers are announcing larger capital spending programs in
2017 and demand for all of our four core services is increasing.
During 2016 we high-graded our U.S. drilling fleet to 16 high-spec
AC pad rigs.  After the upgrade currently in process is completed
in the second quarter, all 16 rigs will include 7,500psi mud
systems and we will be operating at 100% utilization.

"Activity levels in Colombia, where we have eight pad-capable 1,500
horsepower SCR rigs, have also improved.  At year-end, we had four
rigs under contract and drilling and today we have three drilling
and one suspended on location for approximately 30 days. Bid
activity is up and we are hopeful we can work four to five rigs
during the year for several different clients.

"In our Production Services Segment, activity levels have improved
meaningfully in 2017.  We see increased demand across all three
service lines; wireline, well servicing, and coiled tubing
services, and in most U.S. markets.  Demand has been strong enough
to allow modest pricing increases and we expect pricing improvement
to continue throughout the year.  In the fourth quarter of 2016 in
anticipation of an improving market, we entered into an agreement
to exchange 20 of our older well servicing rigs for 20 new-model
rigs that we will receive throughout the first quarter. Three of
the new rigs have already been added to our marketed fleet and
committed to clients.  We hope to add the remaining 17 new rigs
into the market incrementally over the next few months.  Also in
the fourth quarter, we ordered four completion-oriented wireline
units for specific clients.  The outlook for our Production
Services Segment in 2017 is very favorable."

Working capital at Dec. 31, 2016, was $48.0 million, up from $45.2
million at Dec. 31, 2015.  The Company's cash and cash equivalents
were $10.2 million, down from $14.2 million at year-end 2015.
The change in the Company's cash and cash equivalents during the
year ended Dec. 31, 2016, is primarily a result of net cash used in
investing activities of $24.8 million which was mostly offset by
cash provided by financing activities of $15.7 million.  The
Company's net cash used in investing activities was primarily for
the purchases of property and equipment of $32.4 million and
partially offset by $7.6 million of proceeds from the sales of
assets.  The Company's net cash provided by financing activities is
primarily due to proceeds from net borrowings under the Revolving
Credit Facility of $16.4 million.  In December, the Company issued
equity that resulted in net proceeds of $65.4 million, which were
immediately used to pay down debt outstanding under the Revolving
Credit Facility.

The Company currently has $11.8 million in committed letters of
credit and $54.7 million outstanding under our $150 million
Revolving Credit Facility.

Cash capital expenditures in the fourth quarter were $6.8 million,
primarily for routine expenditures.  The Company estimates total
capital expenditures for 2017 to be approximately $45 million,
which includes approximately $20 million for fleet upgrades and
additions, including the upgrade of one domestic drilling rig, the
exchange of 20 well servicing rigs and the addition of four new
wireline units, and other routine capital expenditures.

A full-text copy of the Form 10-K report is available at:

                    https://is.gd/zhZgeM

                    About Pioneer Energy

Pioneer Energy Services Corp. provides land-based drilling services
and production services to a diverse group of independent and large
oil and gas exploration and production companies in the United
States and internationally in Colombia.  The Company also provides
two of its services (coiled tubing and wireline services) offshore
in the Gulf of Mexico.

                           *    *    *

As reported by the TCR on March 7, 2016, Moody's Investors Service,
on March 3, 2016, downgraded Pioneer Energy's Corporate Family
Rating (CFR) to 'Caa3' from 'B2', Probability of Default Rating
(PDR) to 'Caa3-PD' from 'B2-PD', and senior unsecured notes to 'Ca'
from 'B3'.

"The rating downgrades were driven by the material deterioration in
Pioneer Energy's credit metrics through 2015 and our expectation of
continued deterioration through 2016.  The demand outlook for
drilling and oilfield services is extremely weak, as witnessed by
the steep and continued drop in the US rig count" said Sreedhar
Kona, Moody's vice president.  "The negative outlook reflects the
deteriorating fundamentals of the services sector and the
likelihood of covenant breaches."

Pioneer Energy carries a "B+" corporate credit rating from Standard
& Poor's Ratings.


PUERTAS DE GARAGE: Unsecureds to Recoup 2% Under Plan
-----------------------------------------------------
Puertas de Garage Rivera, Inc., filed with the U.S. Bankruptcy
Court for the District of Puerto Rico a first disclosure statement
for plan of reorganization dated Feb. 20, 2017.

The Allowed Class 2 Claims of General Unsecured Creditors will be
in the amount of $267,473.95.  This class is impaired by the Plan.
Holders of Allowed Class 2 Claims will receive $5,000.  This
distribution is projected to equal approximately a 2.00%
distribution on the Allowed Class 2 Claims.  These claims will be
paid via a single payment in the amount of $5,000 payable on or
before the last day of the 61st month following the Effective Date
of the Plan.

The Plan establishes that the Plan will be funded from the
cash-flows generated by the Reorganized Debtor.  The Debtor's
cash-flows consist of the revenue generated by the Debtor's rental
income.  The Debtor will contribute its cash flows to fund the Plan
commencing on the Effective Date of the Plan and continue to
contribute through the date that Holders of Allowed Class 1, 2, 3
and 4 Claims receive the payments specified for in the Plan.

The First Disclosure Statement is available at:

            http://bankrupt.com/misc/prb16-08068-25.pdf

                 About Puertas de Garage Rivera

Puertas de Garage Rivera, Inc., is a small business managed and
operated by its president, Glorivi Orellana Rivera.  It is a garage
door sales company which offers different types of garage and
residential doors.  It does not own any real property.  It owns
personal property like vehicles, account receivables, inventory and
other miscellaneous personal property.  Puertas de Garage leases
the premises of operations and is located at Ab6 Ave Munoz Marin
Caguas, Puerto Rico 00725.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. P.R. Case No. 16-08068) on Oct. 7, 2016.

Jesus E. Batista Sanchez, Esq., at The Batista Law Group, P.S.C.,
serves as the Debtor's legal counsel.


QUANTUM CORP: Soros Fund Ceases to be 5% Shareholder
----------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, Soros Fund Management LLC and George Soros reported
that as of Feb. 13, 2017, they beneficially own 10,666,666 shares
of common stock of Quantum Corporation representing 3.93 percent of
the shares outstanding.  A full-text copy of the regulatory filing
is available for free at https://is.gd/t9z9Sa

                    About Quantum Corp.

Based in San Jose, California, Quantum Corp. (NYSE:QTM) --
http://www.quantum.com/-- is a storage company specializing in    

backup, recovery and archive.  Quantum provides a comprehensive,
integrated range of disk, tape, and software solutions supported
by a world-class sales and service organization.

For the year ended March 31, 2016, Quantum Corp reported a net loss
of $74.68 million following net income of $16.76 million for the
year ended March 31, 2015.

As of Dec. 31, 2016, Quantum had $230.7 million in total assets,
$346.2 million in total liabilities and a stockholders' deficit of
$116.6 million.


QUICK CHANGE: Court Denies Plan Disclosures
-------------------------------------------
Paul G. Hyman, Jr. of the U.S. Bankruptcy court for the Southern
District of Florida issued an order denying final approval and
confirmation of the fourth amended disclosure statement and fourth
amended plan of reorganization filed by Quick Change Artist, LLC.

General unsecured claimants will receive no distribution under the
fourth amended plan.

A copy of Quick Change's fourth disclosure statement filed on Dec.
22 is available for free at:

             https://is.gd/3Vk5Tu

          About Quick Change Artist

Quick Change Artist, LLC, based in Lake Park, Florida, filed a
Chapter 11 petition (Bankr. S.D. Fla. Case No. 15-25377) on August
26, 2015.  Hon. Paul G. Hyman, Jr. presides over the case.  In its
petition, the Debtor estimated $100,000 to $500,000 in assets and
$1 million to $10 million in liabilities.  The petition was signed
by Dominique Barteet, president.


QUINTILES IMS: Moody's Rates New $900MM Unsec. Euro Notes Ba3
-------------------------------------------------------------
Moody's Investors Service assigned Ba3 ratings to the proposed $900
million senior unsecured Euro notes offering and Ba1 ratings to the
proposed senior secured term loans due 2024 of Quintiles IMS
Incorporated. There are no changes to Quintiles IMS's existing
ratings, including the Ba2 Corporate Family Rating.

Quintiles IMS will use the proceeds to refinance its existing
senior secured term loan B tranches and for general corporate
purposes. Moody's believes the proceeds beyond the refinancing of
roughly $1.5 billion, will most likely be used to fund share
repurchases and M&A. After the close of the transaction and debt
repayment, Moody's expects to withdraw the ratings of the existing
term loan B tranches.

Ratings assigned to Quintiles IMS Incorporated:

USD senior secured term loan of $2.0 billion due 2024 at Ba1
(LGD2)

EUR senior secured term loan of (equivalent) $1.1 billion due 2024
at Ba1 (LGD2)

Senior unsecured Euro notes of (equivalent) $900 million due 2025
at Ba3 (LGD5)

Ratings unchanged:

Quintiles IMS Incorporated

Corporate Family Rating at Ba2

Probability of Default Rating at Ba2-PD

Senior secured ratings at Ba1 (LGD2)

Senior unsecured notes at Ba3 (LGD5)

Speculative Grade Liquidity Rating at SGL-1

The outlook is stable

Quintiles Transnational Corp.

Senior unsecured notes at Ba3 (LGD5)

RATINGS RATIONALE

On February 14, 2017, Quintiles IMS announced an increase to its
share repurchase authorization to $2.5 billion from $1.5 billion.
It has $1.5 billion authorization remaining, having repurchased $1
billion in the fourth quarter 2016. The ratings are constrained by
Moody's expectations that the company will continue to debt-fund
share repurchases. Moody's approximates debt to EBITDA increases to
4.4 times with this transaction. However the rating agency expects
leverage to improve to around 4 times by the end of 2017.

Quintiles IMS's Ba2 Corporate Family Rating reflects the company's
considerable size, scale, and strong market positions as both a
pharmaceutical contract research organization (CRO) and
pharmaceutical data and analytics provider. The ratings are also
supported by the company's good operating cash flow and very good
liquidity. The ratings reflect Moody's expectation for a moderate
appetite for leverage, with debt/EBITDA of around 4.0 times by the
end of 2017. While earnings will grow as a result of favorable
underlying market dynamics, Moody's does not anticipate material
debt repayment and believes that most cash flow will go towards
share repurchases and tuck-in acquisitions. The ratings are also
constrained by the potential for integration disruption given the
transformational nature of the merger of legacy Quintiles and IMS
Health, which closed in October 2016.

The stable outlook balances Quintiles IMS' strong scale and market
positions with moderately high leverage of around 4.0 times debt to
EBITDA. It also reflects the risks associated with the integration
of Quintiles and IMS.

Moody's could upgrade the ratings if Quintiles and IMS Health are
successfully integrated, maintaining consistent revenue growth and
favorable profit margins. If Moody's expects the company to
maintain adjusted debt to EBITDA below 3.5 times, the ratings could
upgraded.

Moody's could downgrade the ratings if Quintiles IMS experiences
revenue declines and/or margin erosion in its core markets, or
experiences significant disruption from the merger. Ratings could
also be downgraded if Moody's expects adjusted debt to EBITDA to be
sustained above 4.5 times.

Quintiles IMS is a leading global provider of outsourced contract
research and contract sales services to pharmaceutical,
biotechnology and medical device companies. The company is also a
leading provider of sales and other market intelligence primarily
to the pharmaceutical and biotech industries. Moody's expects
annual net revenues to exceed $7 billion.

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


RAMIRO & ROSA: Asks Court to Extend Plan Filing Period to April 23
------------------------------------------------------------------
Ramiro & Rosa Food Service Corp. requests the U.S. Bankruptcy Court
for the District of Puerto Rico for 60-day extension of the
exclusive period to file its Disclosure Statement and Chapter 11
Plan from Feb. 22, 2017 to April 23, 2017.

The Debtor tells the Court that it is currently in the process of
auditing its past "IVU" Monthly Tax Returns in order to dispute
certain amounts claimed by the Treasury Departments.  The Debtor's
Management asserts that certain payments were not properly applied
thus fines were imposed.

                  About Ramiro & Rosa Food Service Corp.

Ramiro & Rosa Food Service Corp. filed a Chapter 11 petition
(Bankr. D.P.R. Case No. 16-06501) on Aug. 16, 2016.  The petition
was signed by Ramiro M. Lopez-Martin, President.  The Debtor is
represented by Hector Eduardo Pedrosa-Luna, Esq., at the Law
Offices of Hector Eduardo Pedrosa Luna.  At the time of filing, the
Debtor had less than $50,000 in estimated assets and $500,000 to $1
million in estimated liabilities.


RELIANT MEDICAL: Moody's Rates New $142MM Series 2017 Bonds Ba2
---------------------------------------------------------------
Moody's Investors Service assigns an initial Ba2 rating to Reliant
Medical Group, Inc.'s proposed $142 million of Series 2017 bonds to
be issued by the Massachusetts Development Finance Authority. Bonds
are expected to be issued as taxable debt and are expected to
mature through 2027. The rating outlook is stable. The Ba2 rating
is attributable to Reliant's size and scale as a non-profit
multi-specialty multi-site medical group practice, good coverage
within its primary service areas, and long track record of
operating under capitation payment arrangements. These strengths
are offset by modest margins, a planned large increase in debt to
construct or remodel several new facilities and the organization's
limited liquidity including days cash on hand that is projected to
remain below 50 days for the next couple of years.

Rating Outlook

The stable outlook reflects Moody's expectations that Reliant will
meet projections, maintaining modest margins and debt service
coverage and slowly building liquidity.

Factors that Could Lead to an Upgrade

Significant growth in absolute cash flow and operating cash flow
margins

Demonstrated ability to hit margin targets over the next several
years

Growth in unrestricted liquidity and days cash on hand

Factors that Could Lead to a Downgrade

Inability to maintain consistently positive cash flow from
operations

Erosion of liquidity from current levels

Material acquisitions that are dilutive to profitability or
liquidity

Legal Security

Bonds are expected to be secured by a revenue pledge and mortgage
on certain properties. There will be a debt service reserve fund.
Key financial covenants include debt service coverage test of 1.2x
and a cushion ratio test.

Use of Proceeds

Reliant will use proceeds from the offering to construct and
remodel clinical space, fund a debt service reserve fund, and pay
the costs of issuance.

Obligor Profile

Reliant is a non-profit multi-specialty group practice,
headquartered in Worcester, MA. It employs 335 physicians and 175
mid-level providers. The organization's reimbursement is
approximately 75% capitation and 25% fee for service.

Methodology

The principal methodology used in this rating was Not-For-Profit
Healthcare Rating Methodology published in November 2015.


RENNOVA HEALTH: Sramowicz Discloses 10.5% Stake as of Sept. 21
--------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Steven Sramowicz reported that as of Sept. 21, 2016, he
may be deemed to beneficially own 6,032,802 shares of common stock
(or approximately 10.5% of the total number of Shares then deemed
outstanding), of Rennova Health, Inc. which consists of (i)
3,517,625 Shares; (ii) 2,000,000 stock options owned of record by
Mr. Sramowicz to purchase a like number of Shares; and (iii)
515,177 warrants owned of record by Mr. Sramowicz to purchase a
like number of Shares, all as to which Mr. Sramowicz has sole
dispositive and voting power.

The amendment No. 3 to Schedule 13D was filed to report the
issuance to Mr. Sramowicz on Sept. 21, 2016, of 1,146,789 Shares
upon conversion of 1,000 shares of Rennova's Series B Convertible
Preferred Stock owned of record by Mr. Sramowicz.

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

                      https://is.gd/3sdDCQ

                          About Rennova

Rennova Health, Inc., is a vertically integrated provider of a
suite of healthcare related products and services.  Its principal
lines of business are diagnostic laboratory services, and
supportive software solutions and decision support and informatics
operations services.

The Company reported a net loss attributable to the Company's
common shareholders of $36.4 million for the year ended Dec. 31,
2015, following net income attributable to the Company's common
shareholders of $2.81 million for the year ended Dec. 31, 2014.

As of Sept. 30, 2016, Rennova Health had $10.19 million in total
assets, $20.23 million in total liabilities and a total
stockholders' deficit of $10.03 million.

The Company said in its annual report for the year ended Dec. 31,
2015, that "Although our financial statements have been prepared on
a going concern basis, we have recently accumulated significant
losses and have negative cash flows from operations, which raise
substantial doubt about our ability to continue as a going
concern.

"If we are unable to improve our liquidity position we may not be
able to continue as a going concern.  The accompanying consolidated
financial statements do not include any adjustments that might
result if we are unable to continue as a going concern and,
therefore, be required to realize our assets and discharge our
liabilities other than in the normal course of business which could
cause investors to suffer the loss of all or a substantial portion
of their investment."


RENNOVA HEALTH: Steven Sramowicz Owns 11% Stake as of Nov. 15
-------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Steven Sramowicz disclosed that as of Nov. 15, 2016,
he may be deemed to beneficially own 6,477,246 shares (or
approximately 11.0% of the total number of Shares then deemed
outstanding), of Rennova health, Inc. which consists of (i)
3,739,847 Shares; (ii) 2,000,000 stock options owned of record by
Mr. Sramowicz to purchase a like number of Shares; and (iii)
737,399 warrants owned of record by Mr. Sramowicz to purchase a
like number of Shares, all as to which Mr. Sramowicz has sole
dispositive and voting power.

The amendment to Schedule 13D was filed to report the issuance to
Mr. Sramowicz on Nov. 15, 2016, of 222,222 Shares (at $0.45 per
Share) and 222,222 warrants to purchase a like number of Shares at
an exercise price of $0.45 per Share.  The warrants are currently
exercisable and expire on Nov. 15, 2026.  The Shares and the
warrants were issued to Mr. Sramowicz by the Issuer in exchange for
the cancellation of certain indebtedness owed by the Issuer to Mr.
Sramowicz.

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

                     https://is.gd/evIzNs

                         About Rennova

Rennova Health, Inc., is a vertically integrated provider of a
suite of healthcare related products and services.  Its principal
lines of business are diagnostic laboratory services, and
supportive software solutions and decision support and informatics
operations services.

The Company reported a net loss attributable to the Company's
common shareholders of $36.4 million for the year ended Dec. 31,
2015, following net income attributable to the Company's common
shareholders of $2.81 million for the year ended Dec. 31, 2014.

As of Sept. 30, 2016, Rennova Health had $10.19 million in total
assets, $20.23 million in total liabilities and a total
stockholders' deficit of $10.03 million.

The Company said in its annual report for the year ended Dec. 31,
2015, that "Although our financial statements have been prepared on
a going concern basis, we have recently accumulated significant
losses and have negative cash flows from operations, which raise
substantial doubt about our ability to continue as a going
concern.

"If we are unable to improve our liquidity position we may not be
able to continue as a going concern.  The accompanying consolidated
financial statements do not include any adjustments that might
result if we are unable to continue as a going concern and,
therefore, be required to realize our assets and discharge our
liabilities other than in the normal course of business which could
cause investors to suffer the loss of all or a substantial portion
of their investment."


RESOLUTE ENERGY: Anchorage Capital Reports 5.4% Stake as of Dec. 31
-------------------------------------------------------------------
In a regulatory filing with the Securities and Exchange Commission,
Anchorage Capital Group, L.L.C., Anchorage Advisors Management,
L.L.C. and Kevin M. Ulrich disclosed that as of
Dec. 31, 2016, they beneficially own 1,188,399 shares of common
stock of Resolute Energy Corporation representing 5.4 percent of
the shares outstanding.  This amount consists of: (A) 650,000
Shares held for the account of Anchorage Offshore; and (B) 538,399
Shares obtainable upon conversion of 15,900 shares of the Issuer's
8.125% Series B Cumulative Perpetual Convertible Preferred Stock
held for the account of AIOOM V.  A full-text copy of the Schedule
13G is available for free at https://is.gd/W9ZfDG

               About Resolute Energy Corporation

Resolute Energy Corp. -- http://www.resoluteenergy.com/-- is an
independent oil and gas company focused on the acquisition,
exploration, exploitation and development of oil and gas
properties, with a particular emphasis on liquids focused,
long-lived onshore U.S. opportunities.  Resolute's properties are
located in the Paradox Basin in Utah and the Permian Basin in Texas
and New Mexico.

Resolute reported a net loss of $742 million in 2015, a net loss of
$21.9 million in 2014, and a net loss of $114 million in 2013.

As of Sept. 30, 2016, Resolute Energy had $294.9 million in total
assets, $634.0 million in total liabilities, and a total
stockholders' deficit of $339.1 million.

                          *    *    *

As reported by the TCR on Sept. 26, 2016, Moody's Investors
Service, upgraded Resolute Energy's Corporate Family Rating (CFR)
to 'Caa2' from 'Caa3', the Probability of Default Rating to Caa2-PD
from Caa3-PD and its senior unsecured notes rating to 'Caa3' from
'Ca'.  The Speculative Grade Liquidity rating was affirmed at
SGL-3.  The rating outlook was changed to positive from stable.

"The upgrade to Caa2 reflects Resolute's improved production and
drilling economics, which provide good visibility to continued
growth in a mid $40s oil price environment without increasing debt.
While leverage remains high, we expect moderation in the company's
reserve- and production-based debt metrics from significant
production growth at very competitive drillbit costs," noted John
Thieroff, Moody's VP-senior analyst.


RESOLUTE ENERGY: Moody's Raises Corporate Family Rating to B3
-------------------------------------------------------------
Moody's Investors Service upgraded Resolute Energy Corporation's
Corporate Family Rating (CFR) to B3 from Caa2, the Probability of
Default Rating to B3-PD from Caa2-PD and its senior unsecured notes
rating to Caa1 from Caa3. The Speculative Grade Liquidity rating
was affirmed at SGL-3. The rating outlook was changed to stable.

"The upgrade to B3 reflects Resolute's improved capital structure,
continued strong drilling results and improved production and
drilling economics, which provide good visibility to continued
growth in a mid $40s oil price environment without increasing debt
leverage," noted John Thieroff, Moody's VP-Senior Analyst. "We
expect moderation in the company's reserve- and production-based
debt metrics from significant production growth at very competitive
drillbit costs."

The following rating actions were taken:

Upgrades:

Issuer: Resolute Energy Corporation

-- Corporate Family Rating, Upgraded to B3 from Caa2

-- Probability of Default Rating, Upgraded to B3-PD from Caa2-PD

-- Senior Unsecured Regular Bond/Debenture, Upgraded to Caa1
(LGD4) from Caa3 (LGD5)

Affirmations:

-- Speculative Grade Liquidity Rating, Affirmed SGL-3

Outlook Actions:

Issuer: Resolute Energy Corporation

-- Outlook, Changed To Stable From Positive

RATINGS RATIONALE

The B3 CFR reflects Resolute's limited scale, its concentrated
reserve base, and an aggressive, growth-oriented capital spending
program that will be partially funded by borrowing from its
revolving credit facility; however, anticipated debt-funded
spending is likely to be accretive to credit metrics given the
corresponding production growth. The rating benefits from the
company's attractive position in the Southern Delaware portion of
the Permian Basin where the company continues to deliver favorable
drilling results relative to its similarly-rated peers. Resolute's
small footprint in the desirable Delaware sub-basin will likely
require it to remain acquisitive, which represents a meaningful
credit risk given the very high prices acreage has sold for in
recent transactions. The rating also derives modest benefit from
the stable production and low capital reinvestment required in
Resolute's Aneth CO2 flood, despite its high operating costs.

Resolute's SGL-3 Speculative Grade Liquidity Rating reflects
adequate liquidity into early 2018. Cash from operations, including
anticipated earn-out payments from the company's August 2016 sale
of midstream assets and moderate borrowings under the company's
credit facility, are expected to cover what is likely to be a more
robust 2017 drilling program. At February 21, 2017, Resolute had
full availability under the $150 million borrowing base on its
revolving credit facility. Under the terms of the revolver, the
company is subject to financial covenants, including: secured debt
to EBITDA of no more than 4.0x, and a current ratio of 1.0x
Resolute is expected to be able to maintain compliance with its
covenants, with coverage improving into 2018. Resolute's senior
notes mature in 2020 and its credit facility matures in 2021.

In accordance with Moody's Loss Given Default (LGD) methodology,
Resolute's senior unsecured notes are rated Caa1, one notch below
the B3 CFR because of the priority ranking of the company's secured
revolver.

The outlook is stable. An upgrade would be considered if production
is likely to be maintained above 30,000 boe/d while retained cash
flow (RCF) to debt appears sustainable above 30%. The rating could
be downgraded if retained cash flow to debt falls below 15% or
EBITDA to interest coverage appears likely to be sustained below
2.0 times.

Resolute Energy Corporation, is a publicly-traded oil and gas
exploration and production company headquartered in Denver,
Colorado. The company's operations are focused in the Permian Basin
and in the Aneth Field located in the Paradox Basin in southeastern
Utah.

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



RESOLUTE ENERGY: SPO Partners Ceases to be Shareholder
------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, SPO Partners II, L.P., SPO Advisory Partners, L.P.,
San Francisco Partners, L.P., SF Advisory Partners, L.P., et al.,
disclosed that as of Dec. 31, 2016, they have ceased to be the
beneficial owners of shares of common stock of Resolute Energy
Corporation.  A full-text copy of the regulatory filing is
available for free at https://is.gd/OhUr3E

                   About Resolute Energy Corporation

Resolute Energy Corp. -- http://www.resoluteenergy.com/-- is an
independent oil and gas company focused on the acquisition,
exploration, exploitation and development of oil and gas
properties, with a particular emphasis on liquids focused,
long-lived onshore U.S. opportunities.  Resolute's properties are
located in the Paradox Basin in Utah and the Permian Basin in Texas
and New Mexico.

Resolute reported a net loss of $742 million in 2015, a net loss of
$21.9 million in 2014, and a net loss of $114 million in 2013.

As of Sept. 30, 2016, Resolute Energy had $294.9 million in total
assets, $634.0 million in total liabilities, and a total
stockholders' deficit of $339.1 million.

                          *    *    *

As reported by the TCR on Sept. 26, 2016, Moody's Investors
Service, upgraded Resolute Energy's Corporate Family Rating (CFR)
to 'Caa2' from 'Caa3', the Probability of Default Rating to Caa2-PD
from Caa3-PD and its senior unsecured notes rating to 'Caa3' from
'Ca'.  The Speculative Grade Liquidity rating was affirmed at
SGL-3.  The rating outlook was changed to positive from stable.

"The upgrade to Caa2 reflects Resolute's improved production and
drilling economics, which provide good visibility to continued
growth in a mid $40s oil price environment without increasing debt.
While leverage remains high, we expect moderation in the company's
reserve- and production-based debt metrics from significant
production growth at very competitive drillbit costs," noted John
Thieroff, Moody's VP-senior analyst.


RESOURCE CAPITAL: Shareholder Files Another Lawsuit Over Loans
--------------------------------------------------------------
Steven Trader, Bankruptcy Law360, reports that shareholder Patrick
Caito has filed on Feb. 22, 2017, a lawsuit in New York against
Resource Capital Corp., which closely match those of three prior
lawsuits filed in New York state and federal court derivatively on
behalf of the REIT and its shareholders.  Law360 relates that the
Company is facing lawsuits alleging that its directors mismanaged a
Puerto Rico hotel loan portfolio that prompted a $41 million
write-down in August 2015

Founded in 2005, Resource Capital Corp. (NYSE:RSO) --
http://www.resourcecapitalcorp.com/index.html-- is a New York
City-based specialty finance company focused on real-estate related
assets and, to a lesser extent, higher-yielding commercial finance
assets.  The Company's investment strategy concentrates on the
following asset classes: commercial real estate-related assets such
as commercial mortgage-backed securities, B notes and mezzanine
debt, residential real estate-related assets such as residential
mortgage-backed securities and commercial finance assets like other
asset-backed securities, syndicated bank loans, equipment leases,
trust preferred securities and private equity investments
principally issued by financial institutions.  The Company
qualifies to be treated as a REIT for federal income tax purposes.
As a REIT, the Company is not subject to federal income tax if it
distributes at least 90% of its taxable income to its shareholders.


RGW PROPERTIES: Court Confirms Chapter 11 Plan
----------------------------------------------
Judge Gregory L. Taddonio of the U.S. Bankruptcy Court for the
Western District of Pennsylvania issued an order confirming the
small business chapter 11 plan and approving the disclosure
statement filed by RGW Properties of Beaver County, Inc, dated
April 7, 2016.

Nationstar Mortgage, LLC, d/b/a Champion Mortgage Company, filed an
objection to confirmation of the Plan.  No objections to the
Disclosure Statement were filed.  After conducting several hearings
to consider confirmation of the Plan, the Court finds that all
requirements of Section 1129 of the Bankruptcy Code.

The Plan is confirmed with the following modification: Class 3
secured claim of Nationstar will be allowed in the amount of
$24,000 to be paid over 10 years at 5.5% interest rate.

RGW Properties of Beaver County, Inc., sought protection under
Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for
the Western District of Pennsylvania (Pittsburgh) (Case No.
16-21342) on April 7, 2016.  The Debtor is represented by Edgardo
D. Santillan, Esq., at Santillan Law Firm, P.C.






RICEBRAN TECHNOLOGIES: Stockholders OK Increase of Authorized Stock
-------------------------------------------------------------------
A special meeting of shareholders of RiceBran Technologies was held
on Feb. 13, 2017, at which the shareholders:

  (i) approved an amendment to the Company's articles of  
      incorporation to increase the authorized number of shares of
      common stock from 25,000,000 to 50,000,000; and

(ii) approved an amendment to the bylaws to eliminate cumulative
      voting for directors.

                       About RiceBran

Scottsdale, Ariz.-based RiceBran Technologies, a California
corporation, is a human food ingredient and animal nutrition
company focused on the procurement, bio-refining and marketing of
numerous products derived from rice bran.

RiceBran reported a net loss of $10.6 million on $39.9 million of
revenues for the year ended Dec. 31, 2015, compared to a net loss
of $26.6 million on $40.10 million of revenues for the year ended
Dec. 31, 2014.

As of Sept. 30, 2016, RiceBran had $31.22 million in total assets,
$31.86 million in total liabilities, $551,000 in total temporary
equity and a total deficit of $1.19 million.

The Company's auditors Marcum LLP, in New York, NY, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has suffered
recurring losses from operations resulting in an accumulated
deficit of $251 million at December 31, 2015.  This factor among
other things, raises substantial doubt about its ability to
continue as a going concern, the auditors said.


RICEBRAN TECHNOLOGIES: To Appeal Nasdaq's Delisting Determination
-----------------------------------------------------------------
RiceBran Technologies received a determination letter from the
Nasdaq Listing Qualifications Staff stating that the Company has
not regained compliance with the minimum stockholders' equity
requirement of $2.5 million pursuant to Nasdaq Listing Rule
5550(b)(1).  

As previously reported in the Company's Current Report on Form
8-K, as filed with the SEC on Aug. 24, 2016, the Company received a
notification letter from The Nasdaq Stock Market LLC indicating
that, based on the Company's Quarterly Report on Form 10-Q for the
quarter ended June 30, 2016, the Company failed to comply with the
Minimum Stockholders' Equity Requirement.  On Nov. 15, 2016, based
on information the Company submitted to Nasdaq, the Staff granted
the Company the maximum allowable 180 day extension to Feb. 14,
2017 to evidence compliance with the Minimum Stockholders' Equity
Requirement.

The Letter also stated the Company's common stock would be delisted
from The Nasdaq Capital Market at the opening of business on Feb.
27, 2017, unless the Company requests a hearing before the Nasdaq
Hearing Panel.

The Company intends to request a hearing before the Panel to appeal
the Letter in accordance with Nasdaq rules and as stated in the
Letter.  At the hearing, the Company intends to present a plan to
regain compliance with the Minimum Stockholders' Equity Requirement
and request that the Panel allow the Company additional time within
which to regain compliance.

The hearing will stay any delisting action in connection with the
notice and allow the continued listing of the Company's common
stock on The Nasdaq Capital Market until the Panel renders a
decision subsequent to the hearing, and the Company's common stock
will continue to trade on The Nasdaq Capital Market under the
symbol "RIBT" until such time.

There can be no assurance that the Company will meet the Minimum
Stockholders' Equity Requirement during any compliance period or in
the future, or otherwise meet Nasdaq compliance standards, or that
Nasdaq will grant the Company any relief from delisting as
necessary, or that the Company will be able to ultimately meet
applicable Nasdaq requirements for any such relief.

                       About RiceBran

Scottsdale, Ariz.-based RiceBran Technologies, a California
corporation, is a human food ingredient and animal nutrition
company focused on the procurement, bio-refining and marketing of
numerous products derived from rice bran.

RiceBran reported a net loss of $10.6 million on $39.9 million of
revenues for the year ended Dec. 31, 2015, compared to a net loss
of $26.6 million on $40.10 million of revenues for the year ended
Dec. 31, 2014.

As of Sept. 30, 2016, RiceBran had $31.22 million in total assets,
$31.86 million in total liabilities, $551,000 in total temporary
equity and a total deficit of $1.19 million.

The Company's auditors Marcum LLP, in New York, NY, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has suffered
recurring losses from operations resulting in an accumulated
deficit of $251 million at December 31, 2015.  This factor among
other things, raises substantial doubt about its ability to
continue as a going concern, the auditors said.


ROMAD REALTY: Court Further Extends Plan Filing Period to March 28
------------------------------------------------------------------
Judge Robert D. Drain of the U.S. Bankruptcy Court for the Southern
District of New York further extended the exclusive periods during
which Romad Realty Inc. may file a chapter 11 plan and solicit
acceptances to the plan to March 28, 2017 and May 29, 2017,
respectively.

The Troubled Company Reporter had earlier reported that Judge Drain
had extended the Debtor's exclusive periods to file a chapter 11
plan and solicit acceptances to the plan to Jan. 20, 2017 and March
22, 2017, respectively.
  
The Debtor related that it was in negotiations with a third-party
to whom the Debtor will potentially sell its property, which
consists of an apartment building located at 2201 Davidson Avenue,
Bronx, New York, and which is made up of 48 residential units.

The Debtor contended that the discussions were going forward on a
dual track with the Debtor and purchaser discussing the sale price,
while the purchaser and New York City were also in discussions with
how to remediate the Property.  The Debtor told the Court that when
these two distinct negotiations would be finalized, the Debtor
would submit a plan of reorganization for solicitation and
confirmation.

                     About Romad Realty Inc.

Romad Realty Inc. filed a chapter 11 petition (Bankr. S.D.N.Y. Case
No. 15-12644) on Sept. 28, 2016.  The petition was signed by David
Goldwasser, president.  The Debtor is represented by Arnold
Mitchell Greene, Esq., at Robinson Brog Leinwand Greene Genovese &
Gluck, P.C.  The Debtor estimated assets and liabilities at $1
million to $10 million at the time of the filing.


RYCKMAN CREEK: Wholesale Electric's Bid for Partial Judgment OK'd
-----------------------------------------------------------------
In the civil proceeding captioned Distribution International, Inc.
D/B/A E.J. Bartells, Plaintiff, v. ING Capital, LLC, as agent,
Defendant. Matrix Service Inc., Plaintiff, v. Ryckman Creek
Resources, LLC, et al., and ING Capital, LLC, Defendants. Wholesale
Electric Supply Company of Houston, Inc., Plaintiff, v. Ryckman
Creek Resources, LLC, et al., and ING Capital, LLC, Defendants.
BROCK SERVICES, LLC, Plaintiff, v. ING CAPITAL, LLC, as
Administrative and Collateral Agent, for certain Lenders and other
Secured Parties under the Second Amended and Restated Credit
Agreement, dated 10/31/2014, as amended, Defendant, JAdv. Proc. No.
16-51039 (KJC) D.I. 23., 16-51040 (KJC) D.I. 19, 29, 16-51041 (KJC)
D.I. 18, 28, 16-51045 (KJC) D.I. 23, 26 (D. Del.), before the U.S.
Bankruptcy Court for the District of Delaware are the following
motions in connection with the same threshold issues -- whether
various creditors (i) hold valid liens (ii) that have not been
subordinated or waived by contract and (iii) can claim priority
over liens of prepetition lenders:

   1. Distribution International, Inc. d/b/a E.J. Bartells's (EJB)
Motion for Partial Judgment on the Pleadings;

   2. Debtors' motion and Matrix Services Inc.'s (Matrix) Cross
Motion for Partial Judgment on the Pleadings;

   3. Debtors' motion and Wholesale Electric Supply Company of
Houston, Inc.'s (Wholesale Electric) Cross Motion for Partial
Judgment on the Pleadings; and

   4. Debtors' motion and Brock Services, LLC's (Brock) Cross
Motion4 for Partial Judgment on the Pleadings, and Brock's Motion
to Strike Debtors' Affirmative Defenses.

U.S. Bankruptcy Judge Kevin J. Carey in Delaware said he will deny
all of the Motions with one exception -- the Court will grant the
Defendants' Motion for Partial Judgment on the Pleadings with
respect to Wholesale Electric.

In July 2014, the Debtors and Wholesale Electric entered into the
Wholesale Electric Agreement, in which Wholesale Electric agreed to
perform services in connection with the Debtors' underground
natural gas storage facility.  Wholesale Electric asserts that:

     (i) it performed work on the Facility, and that there are
         unpaid amounts due and owing on account of the work;

    (ii) it filed a statement of lien with the Uinta County
         Clerk's office with respect to the Facility.  

The Debtors and ING Capital seek a determination that Wholesale
Electric's alleged lien was waived by the terms of the Wholesale
Electric Agreement.  

Contractors EJB, Matrix Services, Wholesale Electric, and Brock
Services, initiated adversary proceedings, which arise out of the
financing and construction of the Facility.

In August 2016, the Contractors each initiated an adversary
proceeding in the Debtors' Chapter 11 cases.  The Debtors and ING
intervened or joined in all Adversary Proceedings in which they
were not already a party.  .  The Debtors and ING Capital then
filed answers, affirmative defenses, and counterclaims in each
Adversary Proceeding.  The Debtors filed a motion for partial
judgment on the pleadings against each of the Contractors, except
EJB.  The Contractors each filed a motion for partial judgment on
the Pleadings.  In addition, Brock filed a motion to strike
affirmative defenses.

The Contractors each maintain that they were not paid for work they
completed on the Facility.  As a result, each Contractor filed a
lien with the state of Wyoming, and now each claims it is entitled
to a partial judgment under FRCP 12(c), declaring that their
respective lien relates back to the start of the construction of
the Facility in summer 2011, pursuant to the Wyoming Lien Law.  On
the contrary, the Debtors and ING Capital argue that the
Contractors' liens are invalid, have been waived or subordinated by
contract, and that the liens do not relate back to before the
perfection of the prepetition lender liens.  In order to grant any
of the motions pending before the Court, there must exist no
genuine issue of material fact as to: (1) the validity of any
contractor's alleged lien; (2) the effect of any applicable
subordination clauses entered into by the parties; and (3) the
issue of priority.  With the exception of the Debtors' motion
against Wholesale Electric, the motions for partial judgment on the
pleadings ask the Court to look outside the pleadings and resolve
facts that are in dispute.

Ryckman Creek entered on Nov. 2, 2011, into a credit agreement with
the prepetition lenders, including ING Capital.  In connection with
the Credit Agreement, Ryckman Creek granted liens and security
interests in substantially all of its assets to ING Capital, in its
capacity as collateral agent under the Credit Agreement.  The
lenders' liens were granted pursuant to a security agreement and a
mortgage, security agreement, assignment, financing statement and
fixture filing, which were dated Nov. 2, 2011, and perfected by
Nov. 30, 2011.  At that time, construction on the Facility was
already in progress.

On April 20, 2013, the Facility's nitrogen removal unit component,
a key piece of equipment at the Facility, failed and ignited a
fire, causing damage to the Facility.  The second amended and
restated credit agreement was entered into, in part, to provide
additional funding for the Facility.

Ryckman Creek entered into written agreements with Matrix, Brock,
and Wholesale Electric.  The liens asserted by the Contractors are
in connection with services and materials provided for the
construction that took place after the fire on April 20, 2013.

On March 24, 2016, the Court entered a final order authorizing the
Debtors to obtain postpetition financing on a secured,
superpriority basis.  On April 11, 2016, ING Capital filed a proof
of claim on behalf of the Prepetition Lenders.  The Contractors
also filed proofs of claims in different amounts for their asserted
liens related to unpaid work performed on the Facility.

A full-text copy of Judge Carey's opinion dated Feb. 8, 2017, is
available at https://is.gd/9d7ZtD from Leagle.com.

Ryckman Creek Resources, LLC, Debtor, is represented by Dain A. De
Souza, Skadden, Arps, Slate, Meagher & Flom LLP, Loretta Rae H.
Gerrard, Uinta County Attorney's Office, Albert L. Hogan, III,
Skadden Arps Slate Meagher & Flom LLP, Alison Mygas Keefe, Skadden
Arps Slate Meagher & Flom LLP, Jessica S. Kumar, Skadden, Arps,
Slate, Meagher & Flom LLP, George N. Panagakis, Skadden, Arps,
Slate, Meagher & Flom LLP, Sarah E. Pierce, Skadden, Arps, Slate,
Meagher & Flom LLP & Justin M. Winerman, Skadden, Arps, Slate,
Meagher & Flom LLP.

U.S. Trustee, U.S. Trustee, is represented by Richard L.
Schepacarter, Office of the United States Trustee.

Kurtzman Carson Consultants LLC, Claims Agent, is represented by
Albert Kass, Kurtzman Carson Consultants, LLC.

The Official Committee Of Unsecured Creditors, Creditor Committee,
is represented by Paul J. Brown, Greenberg Traurug LLP, Michael L.
Burnett, Greenberg Traurig, LLP, David R. Eastlake, Greenberg
Traurig, LLP, Shari L. Heyen, Greenberg Traurig, David Bruce
Kurzweil, Greenberg Traurig, LLP, Dennis A. Meloro, Greenberg
Traurig, LLP & R. Kyle Woods, Greenberg Traurig, LLP.

                 About Ryckman Creek Resources

Formed on Sept. 8, 2009, Ryckman Creek Resources, LLC, is engaged
in the acquisition, development, marketing, and operation of a
Natural gas storage facility known as the Ryckman Creek Facility.

The Ryckman Creek Facility is a depleted crude oil and natural gas
reservoir located in Uinta County, Wyoming.  The Company began
development of the reservoir into a natural gas storage facility in
2011.  The Ryckman Creek Facility began commercial operations in
late 2012 and received injections of customer gas and gas purchased
by the Company.  The Debtors have approximately 35 employees.

Ryckman Creek Resources, LLC, Ryckman Creek Resources Holdings LLC,
Peregrine Rocky Mountains LLC and Peregrine Midstream Partners LLC
filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Case Nos.
16-10292 to 16-10295) on Feb. 2, 2016.  The petitions were signed
by Robert Foss as chief executive officer.  Kevin J. Carey has been
assigned the case.

The Debtors have engaged Skadden, Arps, Slate, Meagher & Flom LLP
as counsel, AP Services, LLC, as management provider, Evercore
Group LLC as investment banker, and Kurtzman Carson Consultants LLC
as claims and noticing agent.

On April 11, 2016, Ryckman Creek Resources, LLC, disclosed total
assets of more than $205 million and total debts of more than
$391.2 million.

On Feb. 12, 2016, the Office of the United States Trustee appointed
an Official Committee of Unsecured Creditors.  Counsel for the
Committee are Greenberg Traurig, LLP's Dennis A. Meloro, Esq.,
David B. Kurzweil, Esq., and Shari L. Heyen, Esq.  The Committee
retained Alvarez & Marsal, LLC, as financial advisors.


SAM BASS: Ch. 11 Examiner Sought to Investigate Financial Condition
-------------------------------------------------------------------
William P. Miller, the U.S. Bankruptcy Administrator, asks the U.S.
Bankruptcy Court for the Middle District of North Carolina to enter
an Order appointing a Chapter 11 Examiner for Sam Bass Illustration
& Design, Inc..

According to the Bankruptcy Administrator, the Debtor has not filed
its 2015 tax returns.  Moreover, the Bankruptcy Administrator
asserts that the Debtor's December sales were less than projected.
According to the December monthly report, the Debtor's actual
expenses exceed the income by $4,584.45.

The Motion relates that the Debtor's status of the Internal Revenue
Service (IRS) Form 940 and 941 returns post-petition, and the
associated payments are uncertain, and as of this time, it can not
be confirmed that the returns have been filed, or payments made.
Thus, the Chapter 11 Examiner could investigate the true financial
condition of the Debtor, the desirability of the continuation of
the business, and recommend the filing of a plan or the conversion
of the case. Meanwhile, the Debtor has proposed an auction sale of
much of its inventory for April.

             About Sam Bass Illustration & Design

Sam Bass Illustration & Design, Inc., filed a chapter 11 petition
(Bankr. M.D.N.C. Case No. 16 51021) on Oct. 3, 2016. The petition
was signed by Denise W. Bass, co-owner and secretary/treasurer. The
Debtor estimated assets at $0 to $50,000 and liabilities at
$100,001 to $500,000 at the time of the filing.  

The Debtor is represented by attorney Kristen Scott Nardone, Esq.,
at Davis Nardone, PC.  The Debtor engaged Gordon, Keeter & Co. as
accountant.

No Official Committee of Unsecured Creditors has been appointed in
the Chapter 11 case.


SAN JOSE CONTRACTING: U.S. Trustee Unable to Appoint Committee
--------------------------------------------------------------
The Office of the U.S. Trustee on Feb. 23 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of San Jose Contracting, Inc.

                   About San Jose Contracting

San Jose Contracting, Inc., sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Ariz. Case No. 17-00433) on Jan. 17,
2017.  The petition was signed by Lowell J. Gulley, president.

The case is assigned to Judge Brenda K. Martin.

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

Harold E. Campbell, Esq., at Vincent R. Mayr, Esq., at Campbell &
Coombs, P.C., serve as the Debtors' legal counsel.


SCIENTIFIC GAMES: Fine Capital Holds 7.4% of Class A Shares
-----------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, Fine Capital Partners, L.P., Fine Capital Advisors, LLC
and Ms. Debra Fine disclosed that as of Dec. 31, 2016, they
beneficially own 6,488,536 shares of Class A Common Stock of
Scientific Games Corporation which represents 7.4 percent of the
shares outstanding.  A full-text copy of the regulatory filing is
available for free at https://is.gd/Yfd1tg

                      About Scientific Games

Scientific Games Corporation is a developer of technology-based
products and services and associated content for worldwide gaming
and lottery markets.  The Company's portfolio includes instant and
draw-based lottery games; electronic gaming machines and game
content; server-based lottery and gaming systems; sports betting
technology; loyalty and rewards programs; and social, mobile and
interactive content and services.  Visit
http://www.scientificgames.com/                    

As of Sept. 30, 2016, Scientific Games had $7.37 billion in total
assets, $9.12 billion in total liabilities and a total
stockholders' deficit of $1.75 billion.

Scientific Games reported a net loss of $1.39 billion on $2.75
billion of total revenue for the year ended Dec. 31, 2015,
compared to a net loss of $234.3 million on $1.78 billion of total
revenue for the year ended Dec. 31, 2014.

                          *   *    *

In November 2014, Moody's Investors Service downgraded Scientific
Games Corporation's Corporate Family Rating to 'B2' from 'B1'
following the announcement that the company had completed its
merger with Bally Technologies, Inc.

As reported by the TCR on Aug. 9, 2016, S&P Global Ratings lowered
its corporate credit rating on Scientific Games to 'B' from 'B+'.
The outlook is stable.  "The downgrade of Scientific Games reflects
our forecast for lower EBITDA growth and weaker credit measures
than we previously expected," said S&P Global Ratings credit
analyst Ariel Silverberg.


SCIENTIFIC GAMES: Names Karin-Joyce Tjon Chief Operating Officer
----------------------------------------------------------------
Scientific Games Corporation announced the appointment of
Karin-Joyce Tjon to the position of chief operating officer and
president of the Company, effective as of Feb. 13, 2017.  As COO,
Ms. Tjon will be responsible for overseeing the Lottery and Gaming
divisions and for driving the Company's organizational strategy,
business development, international expansion and fiscal
discipline.  She will report to Kevin Sheehan, the Company's chief
executive officer.

Ms. Tjon, 54, has extensive global financial management and
leadership experience, most recently as executive vice president
and chief financial officer at Epiq Systems, Inc., a worldwide
provider of legal services and technology.  She previously served
from 2011 to 2014 as the chief financial officer of Hawker
Beechcraft Corporation, an international manufacturer of business
and special mission aircraft.  Prior to HBC, she served for almost
10 years as director, senior director and managing director at
Alvarez & Marsal, LLC, a leading independent global professional
services firm specializing in business turnaround and performance
improvement.  Ms. Tjon holds an MBA in management and finance from
Columbia University's Graduate School of Business and a bachelor's
degree in organizational behavior and management from Ohio
University.

The Company has entered into an employment agreement with Ms. Tjon.
The term of Ms. Tjon's Employment Agreement begins on the
Effective Date and extends through Dec. 31, 2019, subject to
automatic extension for an additional year at the end of the term
and each anniversary thereof unless timely notice of non-renewal is
given by either the Company or Ms. Tjon.

Under the Employment Agreement, Ms. Tjon will receive an annual
base salary of $750,000 and will have the opportunity to earn up to
75% of her base salary as incentive compensation upon achievement
of target level performance goals for a given year and the
opportunity to earn up to 200% of her Target Bonus amount upon
achievement of maximum performance goals for a given year.  For
2017, Ms. Tjon's incentive compensation will be pro-rated, based on
the number of days Ms. Tjon will be employed by the Company in
2017, but in no event will it be less than $281,250.  During her
term of employment, Ms. Tjon will be eligible to receive annual
equity awards currently expected to have a grant date value
targeted at approximately 125% of her base salary, generally at the
discretion of the Compensation Committee of the Board in accordance
with the Company's plans and programs for senior executives of the
Company.  In 2017, Ms. Tjon will receive sign-on equity awards
consisting of 100,000 performance-conditioned restricted stock
units that will vest based on achievement of specified performance
conditions over a three-year period.  The Sign-On Award was
approved as an employment inducement grant pursuant to NASDAQ
Listing Rule 5635(c)(4).  Ms. Tjon is also entitled to
reimbursement for her relocation to Las Vegas, Nevada to work from
the Company's headquarters.

The Employment Agreement also contains, among other things,
covenants imposing certain obligations on Ms. Tjon with respect to
confidentiality and proprietary information, and restricting her
ability to engage in certain activities in competition with the
Company, or solicit employees and/or customers of the Company,
during her employment and for a period of 12 months after
termination.

                     About Scientific Games

Scientific Games Corporation is a developer of technology-based
products and services and associated content for worldwide gaming
and lottery markets.  The Company's portfolio includes instant and
draw-based lottery games; electronic gaming machines and game
content; server-based lottery and gaming systems; sports betting
technology; loyalty and rewards programs; and social, mobile and
interactive content and services.  Visit
http://www.scientificgames.com/                    

As of Sept. 30, 2016, Scientific Games had $7.37 billion in total
assets, $9.12 billion in total liabilities and a total
stockholders' deficit of $1.75 billion.

Scientific Games reported a net loss of $1.39 billion on $2.75
billion of total revenue for the year ended Dec. 31, 2015,
compared to a net loss of $234.3 million on $1.78 billion of total
revenue for the year ended Dec. 31, 2014.

                          *   *    *

In November 2014, Moody's Investors Service downgraded Scientific
Games Corporation's Corporate Family Rating to 'B2' from 'B1'
following the announcement that the company had completed its
merger with Bally Technologies, Inc.

As reported by the TCR on Aug. 9, 2016, S&P Global Ratings lowered
its corporate credit rating on Scientific Games to 'B' from 'B+'.
The outlook is stable.  "The downgrade of Scientific Games reflects
our forecast for lower EBITDA growth and weaker credit measures
than we previously expected," said S&P Global Ratings credit
analyst Ariel Silverberg.


SCIENTIFIC GAMES: Nantahala Capital Holds 6.6% of Class A Shares
----------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, Nantahala Capital Management, LLC, Wilmot B. Harkey and
Daniel Mack reported that as of Dec. 31, 2016, they beneficially
own 5,784,889 shares of Class A common stock, par value $0.01 per
share, of Scientific Games Corporation representing 6.6 percent of
the shares outstanding.  A full-text copy of the regulatory filing
is available at https://is.gd/kHWerh

                     About Scientific Games

Scientific Games Corporation is a developer of technology-based
products and services and associated content for worldwide gaming
and lottery markets.  The Company's portfolio includes instant and
draw-based lottery games; electronic gaming machines and game
content; server-based lottery and gaming systems; sports betting
technology; loyalty and rewards programs; and social, mobile and
interactive content and services.  Visit
http://www.scientificgames.com/                    

As of Sept. 30, 2016, Scientific Games had $7.37 billion in total
assets, $9.12 billion in total liabilities and a total
stockholders' deficit of $1.75 billion.

Scientific Games reported a net loss of $1.39 billion on $2.75
billion of total revenue for the year ended Dec. 31, 2015,
compared to a net loss of $234.3 million on $1.78 billion of total
revenue for the year ended Dec. 31, 2014.

                          *   *    *

In November 2014, Moody's Investors Service downgraded Scientific
Games Corporation's Corporate Family Rating to 'B2' from 'B1'
following the announcement that the company had completed its
merger with Bally Technologies, Inc.

As reported by the TCR on Aug. 9, 2016, S&P Global Ratings lowered
its corporate credit rating on Scientific Games to 'B' from 'B+'.
The outlook is stable.  "The downgrade of Scientific Games reflects
our forecast for lower EBITDA growth and weaker credit measures
than we previously expected," said S&P Global Ratings credit
analyst Ariel Silverberg.


SCIENTIFIC GAMES: Unit Completes Financing Transactions
-------------------------------------------------------
Scientific Games Corporation announced that its wholly owned
subsidiary, Scientific Games International, Inc., successfully
completed a series of financing transactions, including (i) a
private offering of $1.15 billion in aggregate principal amount of
7.000% senior secured notes due 2022 at an issue price of 106.0%, a
majority of the net proceeds of which are being used to prepay a
portion of its term loans and revolving loans under its credit
agreement and pay accrued and unpaid interest thereon plus any
related premiums, fees and costs, and (ii) amendments to its credit
agreement that extended the maturity of its term loans and
revolving credit facility and reduce the applicable interest rate
on the term loans to a rate of LIBOR plus 400 basis points with a
LIBOR floor of 75 basis points, while reducing the availability
under the revolving credit facility to $556.2 million through
October 18, 2018 and $381.7 million thereafter.  All of the term
loans under the credit agreement are now scheduled to mature on
Oct. 1, 2021, and the revolving credit facility termination date
will be Oct. 18, 2020.

As previously announced, Scientific Games intends to use the
balance of the net proceeds from the New Notes to redeem or
repurchase all of its outstanding senior subordinated notes due
2018, pay related fees and expenses of these financing transactions
and for general corporate purposes.  At this time, the Company does
not anticipate repurchasing or redeeming any 2018 Notes on or prior
to March 15, 2017.

The New Notes were issued under the same indenture pursuant to
which SGI previously issued $950 million of its 7.000% senior
secured notes due 2022, as supplemented by a supplemental indenture
dated as of Feb. 14, 2017.  The New Notes and the Existing Notes
are treated as a single series of debt securities for all purposes
under the indenture, including, without limitation, waivers,
amendments, redemptions and offers to purchase, have terms
identical to the Existing Notes, other than issue date and offering
price and have the same CUSIP and ISIN numbers as, and trade
together with, the Existing Notes, except that the New Notes (both
144A and Regulation S) have been issued and maintained under a
temporary CUSIP number during a 40-day distribution period
commencing on the issue date.

The New Notes are not registered under the Securities Act of 1933,
as amended, or any state securities laws and, unless so registered,
may not be offered or sold in the United States except pursuant to
an applicable exemption from the registration requirements of the
Securities Act and applicable state securities laws.  The New Notes
are offered only to qualified institutional buyers in accordance
with Rule 144A and to non-U.S. Persons under Regulation S under the
Securities Act.

Additional information is available with the Securities and
Exchange Commission's website at https://is.gd/c96i3Z

                     About Scientific Games

Scientific Games Corporation is a developer of technology-based
products and services and associated content for worldwide gaming
and lottery markets.  The Company's portfolio includes instant and
draw-based lottery games; electronic gaming machines and game
content; server-based lottery and gaming systems; sports betting
technology; loyalty and rewards programs; and social, mobile and
interactive content and services.  Visit
http://www.scientificgames.com/                    

As of Sept. 30, 2016, Scientific Games had $7.37 billion in total
assets, $9.12 billion in total liabilities and a total
stockholders' deficit of $1.75 billion.

Scientific Games reported a net loss of $1.39 billion on $2.75
billion of total revenue for the year ended Dec. 31, 2015,
compared to a net loss of $234.3 million on $1.78 billion of total
revenue for the year ended Dec. 31, 2014.

                          *   *    *

In November 2014, Moody's Investors Service downgraded Scientific
Games Corporation's Corporate Family Rating to 'B2' from 'B1'
following the announcement that the company had completed its
merger with Bally Technologies, Inc.

As reported by the TCR on Aug. 9, 2016, S&P Global Ratings lowered
its corporate credit rating on Scientific Games to 'B' from 'B+'.
The outlook is stable.  "The downgrade of Scientific Games reflects
our forecast for lower EBITDA growth and weaker credit measures
than we previously expected," said S&P Global Ratings credit
analyst Ariel Silverberg.


SHELTER ISLAND: Case Summary & 8 Unsecured Creditors
----------------------------------------------------
Debtor: Shelter Island Farms LLC
        114-11 Lefferts Blvd.
        South Ozone Park, NY 11420

Case No.: 17-40779

Chapter 11 Petition Date: February 22, 2017

Court: United States Bankruptcy Court
       Eastern District of New York (Brooklyn)

Judge: Hon. Carla E. Craig

Debtor's Counsel: Ted J. Donovan, Esq.
                  Kevin J. Nash, Esq.
                  GOLDBERG WEPRIN FINKEL GOLDSTEIN LLP
                  1501 Broadway, 22nd Floor
                  New York, NY 10036
                  Tel: (212)-301-6943
                  Fax: (212)-422-6836
                  E-mail: Tdonovan@gwfglaw.com
                          knash@gwfglaw.com

Total Assets: $3.75 million

Total Liabilities: $458,475

The petition was signed by Mike Hassen, manager.

A copy of the Debtor's list of eight unsecured creditors is
available for free at http://bankrupt.com/misc/nyeb17-40779.pdf


SK VISION: Seeks to Use WTA Corporation Cash Collateral
-------------------------------------------------------
SK Vision LLC seeks authorization from the U.S. Bankruptcy Court
for the Central District of California to use cash collateral.

The Debtor owns real property located at 2307 Mira Vista, #106
Montrose, California, which generates rental income of $2,300 per
month from its tenant, Alice Kechichia.  The property has a fair
market value of $510,000.

The Debtor's proposed Budget estimates total operating expenses of
$7,439, which includes monthly expenses on the Montrose property
consisting of taxes in the amount of $470, insurance at $50,
Homeowner's Association dues of $130, and maintenance of
approximately $50. In addition to the expenses set forth in the
proposed budget, the Debtor requests to use cash collateral to pay
quarterly fees to the U.S. Trustee and to pay any required fees to
the Court.

The Debtor believes that only WTA Corporation/Planet Home Lending
LLC has a lien on the property for a loan with principal balance of
$345,000. The Debtor adds that its monthly, interest only payment
is approximately $1,150.

The Debtor also believes that there is adequate protection since
there is equity in the property of approximately $165,000, there
are no pre-petition arrears, and its payment on the loan is current
as of the Petition Date.  The Debtor tells the Court that the
property is being properly maintained with the use of cash
collateral.

A hearing on the Debtor's use of cash collateral will be held on
February 22, 2017 at 11:00 a.m.

A full-text copy of the Debtor's Motion, dated January 31, 2017, is
available at http://tinyurl.com/zandrvt


                  About SK Vision LLC

SK Vision LLC filed a Chapter 11 petition (Bankr. C.D. Cal. Case
No. 16-26820), on December 27, 2016.  The petition was signed by
Greg Kurdoglanyan, President.  The case is assigned to Judge Robert
N. Kwan.  The Debtor is represented by Aurora Talavera, Esq., at
Allied Legal Group, Inc.  At the time of filing, the Debtor
estimated both assets and liabilities at $1 million to $10 million
each.


SOTERA WIRELESS: Trade Claim Holders to Recoup 100%, With 8%
------------------------------------------------------------
Sotera Wireless, Inc., and Sotera Research, Inc., filed with the
U.S. Bankruptcy Court for the Southern District of California a
disclosure statement describing the Debtors' first amended Chapter
11 plan of reorganization.

The Court will hold a hearing on confirmation of the Plan
commencing at 9:00 a.m. Pacific time on April 13, 2017.

Holders of Claims in Class 5 (Trade Claims) will be paid an amount
equal to 90% of their allowed claim with the balance of 10% due
with interest at 8%, 180 days from the Effective Date.

Class 5 will consist of all unsecured claims for goods and services
provided to Sotera prepetition in the ordinary course of business.


Class 5 is estimated at $2,565,364.49.  The class is impaired.
Estimated recovery is 100%.

The Plan provides for the reorganization of Sotera through equity
financing of $30 million (including conversion of the DIP Loan
Obligation) in which the Reorganized Debtor will issue new common
and preferred stock in accordance with the Plan and the Exit
Financing Agreement.  The Reorganized Debtor will also enter into
the Reorganized Term Loan, providing the Reorganized Debtor with up
to $20 million in funds as a secured loan.

The Plan will be funded through the Exit Financing Agreement and
the Reorganization Term Loan.  The Exit Financing Agreement
provides for the sale and issuance of New Series A Preferred Stock
in the aggregate amount of $30 million to certain existing and new
investors, including conversion of any DIP Loan Obligation held by
such parties.  In addition, those holders of Convertible Preferred
Interests of Wireless that purchase a specified percentage of the
total number of shares of New Series A Preferred Stock sold
pursuant to the Exit Financing Agreement, including the shares of
New Series A Preferred Stock issued upon conversion of any DIP Loan
Obligation, will be issued two (2.0) shares of Junior Preferred
Stock for each share of Common Stock and Convertible Preferred
Interests it formerly held in Wireless.  The Exit Financing
Agreement also provides that each DIP Lender will receive warrants
exercisable for that number of shares of New Series A Preferred
Stock equal to 25% of the aggregate amount invested by such DIP
Lender in the New Series A Preferred Stock, including conversion of
any DIP Loan Obligation, divided by the issuance price of the New
Series A Preferred Stock.  The New Series A Preferred Stock and
Junior Preferred Stock will have certain rights, preferences and
privileges, including with respect to dividends, liquidation
preference, conversion, antidilution, voting, board designation
rights, information rights, registration rights and preemptive
rights.

In addition, the Exit Financing Agreement provides that
concurrently with the first private equity financing of the
Reorganized Debtor that is completed within five years following
the Effective Date (or, if an initial public offering or certain
acquisition transactions involving the Reorganized Debtor are
completed prior to any such private equity financing of the
Reorganized Debtor, then immediately prior to such initial public
offering or acquisition transaction), (i) entities associated with
Sanderling Ventures would have the right, but not the obligation,
to purchase $5 million of additional New Series A Preferred Stock
and (ii) each holder of Convertible Preferred Interests of
Wireless, other than entities associated with Foxconn, entities
associated with Sanderling Ventures, and Ken Buechler, would have
the right, but not the obligation, to purchase its pro rata share
of $5 million of additional New Series A Preferred Stock.  This New
Series A Preferred Stock would have the same rights, preferences
and privileges as the New Series A Preferred Stock issued on the
Effective Date.  In addition, an existing holder of Convertible
Preferred Interests of Wireless, other than those excluded above,
that purchases at least 2/3 of its pro rata share of $5 million of
additional New Series A Preferred Stock pursuant to subsection (ii)
above would be issued two (2.0) shares of Junior Preferred Stock
for each share of Common Stock and Convertible Preferred Interests
it formerly held in Wireless.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/casb16-05968-467.pdf

As reported by the Troubled Company Reporter on Feb. 1, 2017, the
Debtors filed with the Court a disclosure statement describing its
chapter 11 plan of reorganization, which provided for the
resolution of the Chapter 11 Case along one of two possible tracks:
(i) reorganization of Sotera or (ii) liquidation of Sotera's assets
pursuant to section 363 of the Bankruptcy Code.  The track along
which this Chapter 11 Case will proceed will be determined by the
amount at which claims asserted by Masimo Corporation against
Wireless are estimated or allowed.  These claims are defined in the
Plan as the "Masimo Claims."

                     About Sotera Wireless

Sotera Wireless, Inc., and Sotera Reseach, Inc., filed Chapter 11
petitions (Bankr. S.D. Cal. Case Nos. 16-05968 and 16-05969) on
Sept. 30, 2016.  The cases are assigned to Judge Laura S. Taylor.

The Debtors are represented by Victor A. Vilaplana, Esq. and
Marshall J. Hogan, Esq., at Foley & Lardner LLP.  Piper Jaffray &
Co. serves as the Debtors' investment banker.   

At the time of the filing, Sotera Wireless estimated assets and
liabilities at $10 million to $50 million, while Sotera Research
estimated assets at $1 million to $10 million and liabilities at
$10 million to $50 million.

On Oct. 20, 2016, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  Sullivan Hill Lewin Rez
& Engel, APLC serves as the committee's legal counsel.


STONEPEAK CLAREMONT: Moody's Assigns B3 Corporate Family Rating
---------------------------------------------------------------
Moody's Investors Service has assigned a first-time B3 corporate
family rating (CFR) and a B3-PD probability of default rating (PD)
to Stonepeak Claremont Merger Sub, Inc. (aka Cologix Holdings, Inc.
Moody's has also assigned a B2 (LGD3) rating to the company's
proposed $435 million senior secured 1st lien credit facility which
consists of a $300 million 7 year term loan, a $60 million 4.75
year delayed draw term loan and a $75 million 5 year revolver.
Additionally, Moody's has assigned a Caa2 (LGD 5) rating to the
proposed $135 million 2nd lien 8 year term loan. The proceeds from
the secured credit facilities will be used to refinance existing
debt and to fund a portion of the acquisition of Cologix by
Stonepeak Infrastructure Partners ("Stonepeak").

Initially, the rating is assigned to Stonepeak Claremont Merger
Sub, Inc. and then to Cologix Holdings, Inc. upon closing.

Issuer: Stonepeak Claremont Merger Sub, Inc.

Assignments:

-- Corporate Family Rating, Assigned B3

-- Probability of Default Rating, Assigned B3-PD

-- Senior Secured 1st Lien Bank Credit Facilities, Assigned B2
(LGD3)

-- Senior Secured 2nd Lien Bank Credit Facility, Assigned Caa2
(LGD5)

Outlook Actions:

-- Outlook, Assigned Stable

RATINGS RATIONALE

Cologix's B3 CFR reflects its small scale, high leverage and weak
free cash flow primarily resulting from its high capital intensity
and growth profile. These limiting factors are positively offset by
Cologix's stable base of contracted recurring revenues, its high
margins, and established position within the high-growth, niche
market segments of interconnection and colocation services. The
company has an opportunity for rapid deleveraging if it can
continue to add new customers and also increase its interconnection
footprint density. Discretionary capital expenditures in 2017 and
2018 are expected to use approximately $125 million of cash. The
company's weak liquidity during this capital investment period and
its small scale are key determinants of the B3 rating.

Moody's expects Cologix to have leverage above 7x (Moody's
adjusted) at year end 2017. Cologix will fund its 2017 cash deficit
with revolver borrowings and utilize a $60 million delayed draw
term loan which will have a 6 month availability window following
the transaction close. This incremental debt will delay any
improvement in leverage, which Moody's expects to remain above 6x
through year end 2018. Moody's believes that Cologix has the
potential for lower leverage and lower capital intensity beyond
2018, which could offer a path to a higher rating. But, the near
term cash flow deficit and poor liquidity, combined with the
company's small scale constrain the rating at B3. Moody's expects
the company will increase capital spending to take advantage of
discrete market expansion opportunities and fund its plans with
additional debt, resulting in leverage remaining elevated for at
least the next two years.

Moody's expects Cologix to have adequate liquidity over the next
twelve months. Following the transaction close, Cologix will have
approximately $10 million of cash on the balance sheet, an undrawn
$75 million revolving credit facility and $60 million available on
the DDTL Moody's expects heavy capital investment will consume the
entire capacity of the revolver and DDTL over the next 18 months.
The revolver and DDTL will contain a springing leverage covenant,
which Moody's expects to be set with ample cushion in the new
credit agreement.

The ratings for debt instruments reflect both the probability of
default of Cologix, to which Moody's assigns a PDR of B3-PD, and
individual loss given default assessments. The senior secured first
lien credit facilities are rated B2 (LGD3), one notch higher than
the CFR given the loss absorption provided by the Caa2 (LGD5) rated
2nd lien facilities. Approximately one-third of the company's
revenues are from facilities in Canada and the security granted to
the credit facilities is limited to 65% of the equity of these
entities.

The stable outlook reflects Moody's view that Cologix will continue
to produce strong revenue and EBITDA growth while aggressively
growing the business. The outlook also reflects Moody's
expectations that leverage (Moody's adjusted) will quickly fall
below 7x.

The B3 rating could be upgraded if leverage was on track to fall
below 5.5x (Moody's adjusted) and free cash flow was positive, both
on a sustainable basis. The rating could be downgraded if liquidity
deteriorates further or if leverage is sustained above 7x (Moody's
adjusted).

The principal methodology used in these ratings was Global
Communications Infrastructure Rating Methodology published in June
2011.

Based in Denver, Colorado, Cologix provides reliable, secure, and
scalable data center and interconnection solutions from 26 prime
interconnection locations across 8 strategic North American
markets.



SUNGARD AVAILABILITY: Bank Debt Trades at 4% Off
------------------------------------------------
Participations in a syndicated loan under SunGard Availability is a
borrower traded in the secondary market at 95.90
cents-on-the-dollar during the week ended Friday, February 17,
2017, according to data compiled by LSTA/Thomson Reuters MTM
Pricing.  This represents a decrease of 0.60 percentage points from
the previous week.  SunGard Availability pays 500 basis points
above LIBOR to borrow under the $1.025 billion facility. The bank
loan matures on March 27, 2019 and carries Moody's B1 rating and
Standard & Poor's B rating.  The loan is one of the biggest gainers
and losers among 247 widely quoted syndicated loans with five or
more bids in secondary trading for the week ended February 17.


SUNSOUTH BANCSHARES: Seeks to Hire Memory & Day as Legal Counsel
----------------------------------------------------------------
SunSouth Bancshares, Inc. seeks approval from the U.S. Bankruptcy
Court for the Middle District of Alabama to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire Memory & Day, an Alabama-based law
firm, to give legal advice regarding its duties under the
Bankruptcy Code, negotiate with creditors, prepare a bankruptcy
plan, and provide other services.

The hourly rates charged by the firm are:

     Von Memory            $335
     Stuart Memory         $250
     Wm. Wesley Causby     $250
     Paralegals            $100   

Memory & Day does not represent or hold any interest adverse to the
Debtor or its bankruptcy estate, and is a "disinterested person" as
defined in section 101(14) of the Bankruptcy Code, according to
court filings.

The firm can be reached through:

     Von G. Memory, Esq.
     Memory & Day
     P.O. Box 4054
     Montgomery, AL 36103-4054
     Tel: (334) 834-8000
     Fax: (334) 834-8001
     Email: vgm@memorylegal.com

                    About SunSouth Bancshares

Based in Houston County, Alabama, SunSouth Bancshares Inc. sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. M. D.
Ala. Case No. 17-10371) on February 17, 2017.  The petition was
signed by H. Monty Weigel, president.  The case is assigned to
Judge Dwight H. Williams Jr.

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


SUPERIOR PLUS: S&P Assigns 'BB' Rating on New $200MM Unsec. Notes
-----------------------------------------------------------------
S&P Global Ratings said it assigned its 'BB' issue-level rating and
'3' recovery rating to Superior Plus L.P.'s proposed $200 million
senior unsecured notes due 2024.  The '3' recovery rating reflects
S&P's expectation for meaningful (65%) recovery under its simulated
default scenario.  S&P's 'BB' long-term corporate credit rating and
stable outlook on Superior Plus Corp. are unchanged.

S&P expects the company will use the proceeds from the proposed
notes issuance along with drawing on its credit facility to fund
the C$412 million acquisition of Gibson Energy Inc.'s industrial
propane business, which was announced Feb. 13.  The proposed notes
will rank equally with the company's C$200 million of senior
unsecured notes outstanding.

S&P believes the acquisition of Gibson Energy's industrial propane
business provides incremental market access; however, the expansion
benefits are not sufficient to strengthen Superior Plus' overall
business risk profile.  Although S&P expects credit measures to
weaken following the acquisition, its estimated pro forma funds
from operations-to-debt remains within S&P's current rating
threshold.  As a result, S&P's 'BB' long-term corporate credit
rating and stable outlook on the company are unchanged following
this transaction.

Recovery Analysis

Key analytical factors

   -- Following S&P's criteria revision, it now values Superior
      Plus on a going-concern basis using a 6x multiple of S&P's
      estimate of the company's distressed run-rate EBITDA.  S&P's

      emergence EBITDA at default of C$142 million approximates
      Superior Plus' estimated fixed charges in the simulated year

      of default, and incorporates incremental EBITDA generation
      from the acquired industrial propane business from Gibson
      Energy.  The '3' recovery rating on the proposed notes
      corresponds with S&P's estimate of meaningful (65%) recovery

      and an issue-level rating that is the same as the 'BB' long-
      term corporate credit rating.  The '3' recovery rating and
      'BB' issue-level rating on the C$200 million senior
      unsecured notes outstanding are unchanged.  S&P's simulated
      default contemplates a default in 2022, at which point
      Superior Plus can no longer fund its fixed charge
      obligations.

   -- S&P assumes the company's C$570 million credit facility is
      85% drawn in the default year.  S&P assumes credit facility
      claims are fully covered, with unsecured noteholders having
      a claim on the remaining estimated value of the company.

Simplified waterfall

   -- Gross recovery value: C$850 million
   -- Net recovery value (after 5% administrative costs):
      C$810 million
   -- Obligor/non obligor valuation: 90%/10%
      --------------------------------------
   -- Estimated first-lien claim: C$503 million
   -- Value available for first-lien debt claims : C$810 million
      -- Recovery rating: Not available
   -- Estimated unsecured notes claims: C$412 million
   -- Total value available to unsecured claims: C$304 million
      -- Recovery expectations: 65%

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

RATINGS LIST

Superior Plus Corp.
Corporate credit rating           BB/Stable/--

Rating Assigned
Superior Plus L.P.
Proposed C$200 mil. notes
due 2024                         BB
Recovery rating                   3



SYFOOD GROUP: Seeks April 23 Exclusive Plan Period Extension
------------------------------------------------------------
Syfood Group, Inc., asks the U.S. Bankruptcy Court for the District
of Puerto Rico for a 60-day extension of the exclusive period to
file its Disclosure Statement and Chapter 11 Plan from Feb. 22,
2017 to April 23, 2017.

The Debtor tells the Court it is currently in the process of
auditing its past "IVU" Monthly Tax Returns in order to dispute
certain amounts claimed by the Treasury Departments.  The Debtor's
management asserts that certain payments were not properly applied
thus fines were imposed.

Moreover, the Debtor tells the Court that it is also in the process
of evaluating whether or not it will renew a lease of one of its
stores which will expire shortly as well as a certain contract with
the Municipality of San Juan.

                   About Syfood Group

Syfood Group, Inc. filed a Chapter 11 petition (Bankr. D.P.R. Case
No. 16-04497) on June 5, 2016.  The petition was signed by Spartaco
F. Borsini-Bautista, President.  The Debtor is represented by
Héctor Eduardo Pedrosa-Luna, Esq., at the Law Offices of Hector
Eduardo Pedrosa Luna.  At the time of filing, the Debtor had both
assets and liabilities estimated to be between $100,000 to $500,000
each.


TARA RETAIL: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------
The Office of the U.S. Trustee on Feb. 23 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Tara Retail Group, LLC.

                       About Tara Retail

Tara Retail Group, LLC, owns The Crossings Mall in Elkview, West
Virginia, which had tenants that included Kmart and Kroger.  The
Company is headed by businessman Bill Abruzzino.  The Crossings
Mall has been closed and inaccessible to the public since massive
floods swept through West Virginia on June 23, 2016.

On Dec. 23, 2016, U.S. District Judge Thomas Johnston appointed
Martin Perry, a managing director at Newmark Grubb Knight Frank's
Pittsburgh office, as receiver.

To stop a foreclosure sale of its shopping center, Tara Retail
Group, LLC, filed a Chapter 11 petition (Bankr. N.D. W.V. Case No.
17-00057) on Jan. 24, 2017.  The petition was signed by William A.
Abruzzino, managing member.  The case judge is the Hon. Patrick M.
Flatley.  The Debtor estimated assets and debt of $10 million to
$50 million.

The Debtor tapped Steven L. Thomas, Esq., at Kay, Casto & Chaney
PLLC, as bankruptcy counsel.


THREE BO'S: Voluntary Chapter 11 Case Summary
---------------------------------------------
Debtor: Three Bo's, Inc.
        1598 Rd 90
        Lakin, KS 67860

Case No.: 17-10221

Chapter 11 Petition Date: February 23, 2017

Court: United States Bankruptcy Court
       District of Kansas (Wichita)

Judge: Hon. Robert E. Nugent

Debtor's Counsel: David P Eron, Esq.
                  ERON LAW, P.A.
                  229 E. William, Suite 100
                  Wichita, KS 67202
                  Tel: 316-262-5500
                  Fax: 316-262-5559
                  E-mail: david@eronlaw.net

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Warren Boegel, 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/ksb17-10221.pdf


TOISA LIMITED: Regains Control of Oil-Transporting Vessel
---------------------------------------------------------
Alex Wolf, writing for Bankruptcy Law360, reports that the U.S.
Bankruptcy Court for the Southern District of New York signed on
Feb. 21, 2017, an order allowing Toisa Limited and its
debtor-affiliates' oil-transporting vessel United Journey to travel
the high seas again after it was seized by secured lender Citibank
NA.

The return of the vessel will allow operations to continue in full
while the Debtor put together a Chapter 11 restructuring plan.

                         About Toisa Limited

Toisa Limited filed a Chapter 11 bankruptcy petition (Bankr.
S.D.N.Y. Case No. 17-10184) on Jan. 29, 2017.  Togut, Segal & Segal
LLP represents the Debtor as counsel.

In its petition, the Debtor estimated $1 billion to $10 billion in
both assets and liabilities.  The petition was signed by Richard W.
Baldwin, deputy chairman.


TOUCHSTONE HOME: Taps Vorndran Shilliday as Legal Counsel
---------------------------------------------------------
Touchstone Home Health LLC seeks approval from the U.S. Bankruptcy
Court for the District of Colorado to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire Vorndran Shilliday, P.C. to give legal
advice regarding its duties under the Bankruptcy Code, assist in
the preparation of a bankruptcy plan, and provide other legal
services.

Robert Shilliday III, Esq., the attorney designated to represent
the Debtor, will charge an hourly rate of $300.  Paralegals will
charge $100 per hour.

Mr. Shilliday disclosed in a court filing that he and other members
of the firm do not hold or represent any interest adverse to the
Debtor's bankruptcy estate.

The firm can be reached through:

     Robert J. Shilliday III, Esq.
     Vorndran Shilliday, P.C.
     1888 Sherman Street, Suite 760
     Denver, CO 80203
     Tel: (720) 439-2500
     Email: rob@vs-lawyers.com

                  About Touchstone Home Health

Based in Greeley, Colorado, Touchstone Home Health LLC provides
in-home skilled patient health care services for patients located
primarily in Weld and Larimer County, Colorado.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Colo. Case No. 17-11134) on February 16, 2017.  The
case is assigned to Judge Thomas B. McNamara.

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


TOWN SPORTS: HG Vora Discloses 18.2% Equity Stake as of Dec. 31
---------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, HG Vora Special Opportunities Master Fund, Ltd.,
HG Vora Capital Management, LLC and Parag Vora reported that as of

Dec. 31, 2016, they beneficially owned 4,650,000 shares of common
stock of Town Sports International Holdings, Inc. representing 18.2
percent of the shares outstanding.  The percentage is based on
25,613,547 shares of the Issuer's Common Stock outstanding as of
October 24, 2016, according to the Issuer's Form 10-Q filed on Oct.
26, 2016.  A full-text copy of the regulatory filing is available
for free at https://is.gd/zSkQVc

                        About Town Sports

New York-based Town Sports International Holdings, Inc. is one of
the leading owners and operators of fitness clubs in the Northeast
and mid-Atlantic regions of the United States and, through its
subsidiaries, operated 151 fitness clubs as of March 31, 2016,
comprising 104 New York Sports Clubs, 27 Boston Sports Clubs, 12
Washington Sports Clubs (one of which is partly-owned), five
Philadelphia Sports Clubs, and three clubs located in Switzerland,
and three BFX Studio locations.  In addition, the Company also has
one partly-owned club that operated under a different brand name in
Washington, D.C. as of March 31, 2016.  These clubs collectively
served approximately 553,000 members as of March 31, 2016.

                            *    *    *

As reported by the TCR on March 14, 2016, Standard & Poor's Ratings
Services said it raised its corporate credit rating on Town Sports
International Holdings to 'CCC+' from 'SD'.

Town Sports carries a 'Caa2' corporate family rating from Moody's
Investors Service.


TOWN SPORTS: Posts $8.04 Million Net Income for 2016
----------------------------------------------------
Town Sports International Holdings, Inc. filed with the Securities
and Exchange Commission its annual report on Form 10-K disclosing
net income of $8.04 million on $396.92 million of revenues for the
year ended Dec. 31, 2016, compared to net income of $21.15 million
on $424.32 million of revenues for the year ended Dec. 31, 2015.

As of Dec. 31, 2016, Town Sports had $235.87 million in total
assets, $321.54 million in total liabilities and $85.67 million
total stockholders' deficit.

"We have been experiencing declining revenue from members for
several years as the fitness industry continues to be highly
competitive in the geographic regions in which we compete.  New
members have been joining at lower monthly rates and cancellations
of members paying higher rates will continue to negatively impact
our results and liquidity if these trends are not reversed.  In
response to this, we initiated cost savings initiatives in 2015
that continued through 2016 to help mitigate the impact the decline
in revenue has had on our profitability and cash flow from
operations," the Company said.

In December 2015, TSI Holdings purchased $29.8 million principal
amount of debt outstanding under its senior credit facility in the
open market for $10.9 million, or 36.7% of face value.  On April
21, 2016, TSI Holdings settled a transaction to purchase $8.7
million principal amount of debt outstanding under the senior
credit facility for $3.8 million, or 43.5% of face value.  On
May 6, 2016, TSI Holdings settled another transaction to purchase
$62.4 million principal amount of debt outstanding under the senior
credit facility for $26.0 million, or 41.6% of face value. All of
the above purchased debt was transferred to TSI, LLC and canceled.

"Our ability to fund operations and capital expenditures is
dependent upon our ability to generate sufficient cash from
operations coupled with cash on hand.  We believe we have
sufficient liquidity from a combination of cash on hand and cash to
be generated from operations to fund anticipated capital
expenditures and currently scheduled debt service for at least the
next 12 months.  As further described in Note 7 - Long-Term Debt to
our consolidated financial statements to this Annual Report, we
maintain the 2013 Senior Credit Facility, the 2013 Term Loan
Facility and the 2013 Revolving Loan Facility.  The 2013 Term Loan
Facility carries a gross principal balance of $202.0 million and
will mature on November 15, 2020.  The terms of the 2013 Senior
Credit Facility include a financial covenant under which we are not
able to utilize more than 25%, or $11,250 in accordance with terms
of the credit agreement, of the 2013 Revolving Loan Facility if the
total leverage ratio (as defined) exceeds 4.50:1.00 (calculated on
a proforma basis to give effect to any borrowing). As of December
31, 2016, the total leverage ratio was slightly below 4.50:1.00.
Any new borrowings on the 2013 Revolving Loan Facility would be
pursuant to the terms and subject to the conditions applicable to
borrowings under our 2013 Senior Credit Facility, which conditions
we may or may not be able to satisfy at the time of borrowing.  The
2013 Revolving Loan Facility is scheduled to mature in November
2018 and under this facility we have $2.9 million in letters of
credit that, if still outstanding, will likely need to be funded by
our cash."

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

                      https://is.gd/GeeYms

                       About Town Sports

New York-based Town Sports International Holdings, Inc. is one of
the leading owners and operators of fitness clubs in the Northeast
and mid-Atlantic regions of the United States and, through its
subsidiaries, operated 151 fitness clubs as of March 31, 2016,
comprising 104 New York Sports Clubs, 27 Boston Sports Clubs, 12
Washington Sports Clubs (one of which is partly-owned), five
Philadelphia Sports Clubs, and three clubs located in Switzerland,
and three BFX Studio locations.  In addition, the Company also has
one partly-owned club that operated under a different brand name in
Washington, D.C. as of March 31, 2016.  These clubs collectively
served approximately 553,000 members as of March 31, 2016.

                            *    *    *

As reported by the TCR on March 14, 2016, Standard & Poor's Ratings
Services said it raised its corporate credit rating on Town Sports
International Holdings to 'CCC+' from 'SD'.

Town Sports carries a 'Caa2' corporate family rating from Moody's
Investors Service.


TRIBUNE COMPANY: Court Narrows MDL No. 11-2296
----------------------------------------------
Judge Richard J. Sullivan of the United States Bankruptcy Court for
the Southern District of New York granted the shareholder
defendants' motion to dismiss Count 1 of the complaint filed in the
case captioned IN RE: TRIBUNE COMPANY FRAUDULENT CONVEYANCE
LITIGATION, MARC S. KIRSCHNER, AS LITIGATION TRUSTEE FOR THE
TRIBUNE LITIGATION TRUST, Plaintiff, v. DENNIS J. FITZSIMONS et
al., Defendants, Multidistrict Litigation No. 11-md-2296 (RJS),
Master Case File No. 12-mc-2296 (RJS), No. 12-cv-2652 (RJS)
(S.D.N.Y.).

The multidistrict litigation relates to the 2007 leveraged buyout
of the Tribune Company and its subsequent bankruptcy in 2008.  In
the MDL, Tribune's litigation trustee, Marc Kirschner, seeks to
claw back money that was distributed to various entities and
individuals as a result of the leveraged buyout, including over $8
billion paid to Tribune's shareholders in exchange for their shares
in Tribune.   

In Count 1 of the FitzSimons Complaint, the Trustee alleged that
the shareholder transfers constituted actual fraudulent conveyances
because Tribune authorized these payments with an actual intent to
hinder, delay, or defraud Tribune's creditors in violation of
sections 548(a)(1)(A) and 550(a) of the Bankruptcy Code.

The shareholder defendants moved to dismiss the Trustee's actual
fraudulent conveyance claim related to the shareholder transfers.

Although there is no dispute that the shareholder transfers
occurred in the two years preceding Tribune's bankruptcy filing on
December 8, 2008, Judge Sullivan found that the Trustee has failed
to plead facts sufficient to allege that the seven independent
directors on Tribune's Board possessed actual intent to hinder,
delay, or defraud Tribune's creditors through the leveraged buyout.
Accordingly, the judge also found that the Trustee has also failed
to allege that Tribune entered the leveraged buyout "with actual
intent to hinder, delay, or defraud" its creditors and failed to
state a claim upon which relief may be granted as to the
shareholder transfers.

Judge Sullivan also denied the Trustee's request for leave to amend
based on its futility and undue prejudice to the defendants.

A full-text copy of Judge Sullivan's January 6, 2017 opinion and
order is available at https://is.gd/kqKUiV from Leagle.com.

NOTE HOLDERS Deutsche Bank Trust Company Americas, Plaintiff,
represented by David Mitchell Zensky -- dzensky@akingump.com --
Akin Gump Strauss Hauer & Feld Robert Joel Lack -- rlack@fklaw.com
-- Friedman, Kaplan,Seiler & Adelman, LLP.

NOTE HOLDERS Law Debenture Trust Company of New York, Plaintiff,
represented by David Mitchell Zensky, Akin Gump Strauss Hauer &
Feld & Robert Joel Lack, Friedman, Kaplan,Seiler & Adelman, LLP.

NOTE HOLDERS Wilmington Trust Company, Plaintiff, represented by
David Mitchell Zensky, Akin Gump Strauss Hauer & Feld & Robert Joel
Lack, Friedman, Kaplan,Seiler & Adelman, LLP.

RETIREES: William A. Niese, Plaintiff, represented by Jay
Teitelbaum -- jteitelbaum@tblawllp.com -- Teitelbaum & Baskin,
L.L.P..

Marc S. Kirschner, Plaintiff, represented by Hal Neier, Friedman
Kaplan Seiler & Adelman LLP, Lawrence Saul Robbins --
lrobbins@robbinsrussell.com -- Robbins Russell Englert Orseck
Untereiner & Sauber, LLP, Michael Lawrence Waldman --
mwaldman@robbinsrussell.com -- Robbins Russell Englert Orseck
Untereiner & Sauber, LLP, pro hac vice & Robert Joel Lack,
Friedman, Kaplan,Seiler & Adelman, LLP.

FINANCIAL INSTITUTION CONDUITS: Merrill Lynch, Pierce, Fenner &
Smith, Incorporated, Defendant, represented by Daniel Lucas Cantor,
O'Melveny & Myers LLP.

INDIVIDUAL BENEFICIAL OWNERS: Mario J. Gabelli, Defendant,
represented by Andrew J. Entwistle -- aentwistle@entwistle-law.com
-- Entwistle & Cappucci LLP.

CURRENT & FORMER DIRECTORS AND OFFICERS: Betsy D. Holden;
Christopher Reyes; Dudley S. taft; Enrique Hernandez Jr.; Miles D.
White; Robert S. Morrison; William A. Osborn, Defendant,
represented by Matthew R. Kipp -- matthew.kipp@skadden.com --
Skadden, Arps, Slate, Meagher & Flom, LLP, pro hac vice.

FINANCIAL INSTITUTION CONDUITS: The Depository Trust & Clearing
Corporation, Defendant, represented by Gregg M. Mashberg --
gmashberg@proskauer.com -- Proskauer Rose LLP.

LARGE PRIVATE BENEFICIAL OWNERS, Defendant, represented by David C.
Bohan -- david.bohan@kattenlaw.com -- Katten Muchin Rosenman LLP &
Joel Alan Feuer -- feuer@law.ucla.edu -- Gibson Dunn & Crutcher
LLP.

FINANCIAL INSTITUTION HOLDERS, Defendant, represented by Michael C.
D'Agostino, Morgan, Lewis & Bockius, L.L.P., P. Sabin Willett --
sabin.willett@morganlewis.com -- Morgan, Lewis & Bockius LLP, pro
hac vice & Philip David Anker -- philip.anker@wilmerhale.com --
Wilmer Cutler Pickering Hale and Dorr LLP.

FINANCIAL INSTITUTION CONDUITS, Defendant, represented by Elliot
Moskowitz, Davis Polk & Wardwell L.L.P..

PENSION FUNDS (including public, private and Taft Hartley funds),
Defendant, represented by Chloe Quail, Neyhart Anderson Flynn &
Grosboll, D. Ross Martin, Ropes & Gray LLP & Matthew Lewis
Fornshell, Ice Miller LLP.

INDIVIDUAL BENEFICIAL OWNERS, Defendant, represented by Andrew J.
Entwistle, Entwistle & Cappucci LLP, David N. Dunn, Potter Stewart,
Jr. Law Offices, P.C. & Mark A. Neubauer, Carlton Fields Jorden
Burt, PA, pro hac vice.

MUTUAL FUNDS, Defendant, represented by Michael S. Doluisio,
Dechert LLP, pro hac vice & Steven Russell Schoenfeld, DelBello
Donnellan Weingarten Wise & Wiederkehr, L.L.P..

AT-LARGE, Defendant, represented by Alan Joseph Stone, Milbank,
Tweed, Hadley & McCloy LLP & Andrew Michael Leblanc, Milbank,
Twwed, Hadley & McCloy, LLP.

CURRENT & FORMER DIRECTORS AND OFFICERS: Harry Amsden: Stephen D.
Carver: Dennis J. FitzSimons: Robert Gremillion: Donald C.
Grenesko: David Dean Hiller: Timothy J. Landon: Thomas D. Leach:
Luis E. Le, Defendant, represented by John R. McCambridge, Grippo &
Elden, pro hac vice.

CURRENT & FORMER DIRECTORS AND OFFICERS: Mark Hianik: Irving
Quimby, Defendant, represented by Michael Dockterman, Steptoe &
Johnson LLP, pro hac vice.

CURRENT & FORMER DIRECTORS AND OFFICERS: Crane Kenney, Defendant,
represented by Richard Allen Saldinger, Shaw Gussis Fishman Glantz
Wolfson & Towbin LLC.

CURRENT & FORMER DIRECTORS AND OFFICERS: Chandler Bigelow,
Defendant, represented by Steven Craig Florsheim, Sperling &
Slater, pro hac vice.

CURRENT & FORMER DIRECTORS AND OFFICERS: Daniel Kazan, Defendant,
represented by Sheldon L. Solow, Kaye Scholer LLC, pro hac vice.

CURRENT & FORMER DIRECTORS AND OFFICERS: Timothy Knight, Defendant,
represented by Blake Tyler Hannafan, Hannafan & Hannafan, Ltd..

CURRENT & FORMER DIRECTORS AND OFFICERS: Thomas Finke, Defendant,
represented by Reed Heiligman, Frank/Gecker LLP, pro hac vice.

SAM ZELL AND AFFILIATED ENTITIES: EGI-TRB, L.L.C.; Equity Group
Investments, L.L.C.; Sam Investment Trust; Samuel Zell; Tower CH,
L.L.C.; Tower DC, L.L.C.: Tower DL, L.L.C.; Tower EH, L.L.C.; Tower
Gr, Defendant, represented by David J. Bradford, Jenner & Block
LLP, pro hac vice.

LARGE SHAREHOLDERS McCormick and Cantigny Foundations, Defendant,
represented by David C. Bohan, Katten Muchin Rosenman LLP.

LARGE SHAREHOLDERS Chandler Trusts and Their Representatives,
Defendant, represented by Joel A. Feuer, Gibson, Dunn & Crutcher
LLP & Joel Alan Feuer, Gibson Dunn & Crutcher LLP.

FINANCIAL ADVISORS: Valuation Research Corporation, Defendant,
represented by David Neier, Winston & Strawn LLP.

FINANCIAL ADVISORS: Duff & Phelps, LLC, Defendant, represented by
Stephen Victor D'Amore, Winston & Strawn LLP, pro hac vice.

FINANCIAL ADVISORS: Morgan Stanley & Co. Inc. and Morgan Stanley
Capital Services, Inc., Defendant, represented by Jonathan D.
Polkes, Weil, Gotshal & Manges LLP.

FINANCIAL ADVISORS: GreatBanc Trust Company, Defendant, represented
by Roger Hudson Stetson, Barack Ferrazzano Kirschbaum & Nagelberg
LLP, pro hac vice.

FINANCIAL ADVISORS: Citigroup Global Markets, Inc., Defendant,
represented by Andrew Garry Gordon, Paul, Weiss, Rifkind, Wharton &
Garrison LLP.

FINANCIAL ADVISORS: Merrill Lynch, Pierce, Fenner & Smith Inc.,
Defendant, represented by Daniel Lucas Cantor, O'Melveny & Myers
LLP.

T.Rowe Price Associates, Inc., Defendant, represented by Michael C.
D'Agostino, Morgan, Lewis & Bockius, L.L.P..

Morgan Keegan & Company, Inc., Defendant, represented by Carlos
Ricca, Davidson & Grannum, LLP & Peter Byer, Davidson & Grannum,
LLP.

Defendants Listed on Exhibit B, Defendant, represented by Kathleen
Grace Cahill Slaught, Seyfarth Shaw.

Defendants Referenced in Exhibit B, Defendant, represented by
Kathleen Grace Cahill Slaught, Seyfarth Shaw & Patrick J. Higgins,
Couch White, LLP.

DIOCESE OF TRENTON-PENSION FUND, Defendant, represented by Scott L.
Puro, Backes & Hill, LLP.

FirstEnergy Service Company, Defendant, represented by Wendy
Snowdon Walker, Morgan, Lewis & Bockius LLP.

Maryland State Retirement and Pension System, Defendant,
represented by Wendy Snowdon Walker, Morgan, Lewis & Bockius LLP.

Japan Post Insurance Co., Ltd., Defendant, represented by Mark
Hanchet, Mayer Brown LLP.

Servants of Relief for Incurable Cancer (AKA Dominican Sisters of
Hawthorne), Defendant, represented by John Martin O'Connor,
Anderson Kill P.C. & Dennis Joseph Nolan, Anderson Kill P.C..

New Life International Trust, Defendant, represented by Linda
Whitlow Knight, Gullett, Sanford, Robinson & Martin, PLLC.

Salvation Army, Southern Territorial Headquarters, Defendant,
represented by Gregory S. Hansen, Frese, Hansen, Anderson,
Anderson, Heuston & Whitehead, P.A., pro hac vice.

City of Philadelphia Employees, Defendant, represented by Jennifer
L. Maleski, Dilworth Paxson LLP.

Ohio Carpenters' MIDCAP, aka Ohio Carpenters' Pension Fund,
Defendant, represented by Robert Alan Koenig, Shumaker, Loop &
Kendrick, LLP.

Mallory and Evans, Inc., Defendant, represented by Joseph Peter
Allgor, Dorsey & Whitney LLP.

Duff & Phelps LLC, Defendant, represented by Stephen Victor
D'Amore, Winston & Strawn LLP.

Durham J Monsma, Defendant, represented by Mark A. Neubauer,
Carlton Fields Jorden Burt, PA, pro hac vice.

Samuel Zell, Defendant, represented by David J. Bradford, Jenner &
Block LLP.

Equity Group Investments, LLC, Defendant, represented by David J.
Bradford, Jenner & Block LLP.

EGI-TRB, LLC, Defendant, represented by David J. Bradford, Jenner &
Block LLP.

Sam Investment Trust, Defendant, represented by David J. Bradford,
Jenner & Block LLP.

Mr. Michael S. Meadows, Defendant, represented by Jonathan Nielsen,
Nielsen, Peterson & Nielsen LLP.

Robeco Institutional Asset Management BV and Robeco Investment
Management, Inc., Defendant, represented by Christopher Robert
Gresh, Moses & Singer LLP.

New Life International, Consolidated Defendant, represented by
Linda Whitlow Knight, Gullett, Sanford, Robinson & Martin, PLLC.

New Life International Trust, Consolidated Defendant, represented
by Linda Whitlow Knight, Gullett, Sanford, Robinson & Martin,
PLLC.

TENDERING PHONES HOLDERS Citadel Equity Fund Ltd., Camden Asset
Management LP and Certain of their Affiliates, Intervenor
Plaintiff, represented by Jeremy Bronwyn Reckmeyer, Andrews Kurth
LLP.

Ervin L Heyde, Jr, ADR Provider, represented by Robert James Basil,
The Basil Law Group, PC.

Defendants listed on Schedule A, ADR Provider, represented by
Patrick J. Higgins, Couch White, LLP.

Morgan Keegan & Company, Inc., ADR Provider, represented by Sandra
Dawn Grannum, Drinker Biddle & Reath, LLP.

General Motors Hourly-Rate Employees Pension Trust, Interested
Party, represented by Arthur Jay Steinberg, King & Spalding LLP &
Scott Ian Davidson, King & Spalding LLP.

Wirtz Corporation, All Defendants, represented by Steven Hesser
Leech, Gozdecki, Del Giudice, Americus & Farkas, LLP.


TRIDENT BRANDS: LPF (MCTECH) Has 30.3% Stake as of Dec. 31
----------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, LPF (MCTECH) Investment Corp. reported that as of Dec.
31, 2016, it beneficially owns 12,605,872 shares of common stock of
Trident Brands, Inc. representing 30.3 percent based on 31,000,000
shares outstanding, per Form 10-Q filed on Oct. 14, 2016, plus
10,605,872 shares of common stock into which the convertible notes
may be converted.  A full-text copy of the regulatory filing is
available for free at https://is.gd/L3AWbE

                    About Trident Brands

Trident Brands Incorporated (f/k/a Sandfield Ventures Corp.) was
initially formed to engage in the acquisition, exploration and
development of natural resource properties, but has since
transitioned and is now focused on branded consumer products and
food ingredients.  

The Company maintains a compelling portfolio of branded consumer
products including nutritional products and supplements under the
Everlast(R) and Brain Armor(R) brands, and functional food
ingredients under the Oceans Omega brand.  These brands are focused
on the fast growing supplements and nutritional product and heart
and brain health categories, supported by an  established contract
manufacturing, supply chain and research and development
infrastructure, and a solid and proactive management  team, board
of directors and advisors with many years of experience in related
categories.

The Company's balance sheet at Aug. 31, 2016, showed total assets
of $3.01 million, total liabilities of $4.74 million and
stockholders' deficit of $1.73 million.

"The Company has had minimal revenues during the period from
November 5, 2007 (date of inception) to August 31, 2016 and has a
working capital deficit as of August 31, 2016.  These conditions
raise substantial doubt about the Company's ability to continue as
a going concern.  The Company is currently in the early growth
stage at product introduction phase and expenses are  increasing.
The Company has secured financing to cover these  expenses.  The
current cash of $4,484 is insufficient to cover the expenses the
Company will incur during the next twelve  months.  The Company is
currently pursuing various financing alternatives  in order to
address this issue and as detailed in note 9 entered
into a securities purchase agreement on September 26, 2016 for
proceeds of $4,100,000.  The proceeds of this  financing are to be
used for general working capital purposes, including without
limitation, settlement of accounts payable and repayment of mature
debt," as disclosed in the Company's quarterly report for the
period ended Aug. 31, 2016.


TRIDENT BRANDS: LPF (MCTECH) Reports 27.6% Stake as of Sept. 30
---------------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, LPF (MCTECH) Investment Corp. a Schedule 13G on
Feb. 16, 2017, to reflect positions which, as a result of an
administrative error, were not identified as requiring a filing on
Schedule 13G at the time those reports were due.  Upon discovering
this oversight, the reporting person promptly took steps to file
this Schedule 13G, which reflects information that should have been
included at Jan. 31, 2015, the year ending Dec. 31, 2015, and at
Sept. 30, 2016.

As of Sept. 30, 2016, LPF (MCTECH) Investment Corp. had voting and
dispositive power over 12,399,940 shares of Trident Brands, Inc.'s
common stock, representing approximately 27.6% of the class, held
in the form of 2,000,000 shares of common stock and three
convertible promissory notes which, as of Sept. 30, 2016, were
convertible into 10,399,940 shares of common stock.  (All
percentages based on 34,534,719 shares outstanding as of September
30, 2016, per Form 8-K dated Oct. 4, 2016, plus 10,399,940 shares
of common stock into which the aforementioned convertible notes may
be converted.)

As of Dec. 31, 2015, LPF (MCTECH) Investment Corp. had voting and
dispositive power over 5,405,680 shares of the issuer's common
stock, representing approximately 17.2% of the class, held in the
form of 2,000,000 shares of common stock and in 2 convertible
promissory notes which, as of Dec. 31, 2015, were convertible into
3,405,680 shares of common stock.

As of Jan. 31, 2015, LPF (MCTECH) Investment Corp. had voting and
dispositive power over 4,535,211 shares of the Company's common
stock, representing approximately 14.9% of the class, held in the
form of 2,000,000 shares of common stock and a convertible
promissory note which, as of Jan. 31, 2015, was convertible into
2,535,211 shares of common stock.

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

                      https://is.gd/UPPdCW

                      About Trident Brands

Trident Brands Incorporated (f/k/a Sandfield Ventures Corp.) was
initially formed to engage in the acquisition, exploration and
development of natural resource properties, but has since
transitioned and is now focused on branded consumer products and
food ingredients.  

The Company maintains a compelling portfolio of branded consumer
products including nutritional products and supplements under the
Everlast(R) and Brain Armor(R) brands, and functional food
ingredients under the Oceans Omega brand.  These brands are focused
on the fast growing supplements and nutritional product and heart
and brain health categories, supported by an  established contract
manufacturing, supply chain and research and development
infrastructure, and a solid and proactive management  team, board
of directors and advisors with many years of experience in related
categories.

The Company's balance sheet at Aug. 31, 2016, showed total assets
of $3.01 million, total liabilities of $4.74 million and
stockholders' deficit of $1.73 million.

"The Company has had minimal revenues during the period from
November 5, 2007 (date of inception) to August 31, 2016 and has a
working capital deficit as of August 31, 2016.  These conditions
raise substantial doubt about the Company's ability to continue as
a going concern.  The Company is currently in the early growth
stage at product introduction phase and expenses are  increasing.
The Company has secured financing to cover these  expenses.  The
current cash of $4,484 is insufficient to cover the expenses the
Company will incur during the next twelve  months.  The Company is
currently pursuing various financing alternatives  in order to
address this issue and as detailed in note 9 entered
into a securities purchase agreement on September 26, 2016 for
proceeds of $4,100,000.  The proceeds of this  financing are to be
used for general working capital purposes, including without
limitation, settlement of accounts payable and repayment of mature
debt," as disclosed in the Company's quarterly report for the
period ended Aug. 31, 2016.


TRONOX LTD: S&P Affirms 'B' CCR on Plans to Acquire Cristal Assets
------------------------------------------------------------------
S&P Global Ratings affirmed its 'B' corporate credit rating on
Tronox Ltd.  The outlook is negative.

Tronox Ltd. has announced a definitive agreement to acquire the
TiO2 (Titanium dioxide) business of Cristal, a privately held
global chemical and mining company, for $1.673 billion of cash and
equity representing 24% ownership in pro forma Tronox.

The 'BB-' issue-level rating on Tronox's senior secured debt is
unchanged.  The recovery rating on this debt remains '1',
reflecting S&P's expectation of very high (90%-100%; rounded
estimate 95%) recovery if a default occurs.  At the same time, S&P
affirmed its 'B-' issue-level rating on the company's senior
unsecured debt.  The recovery rating on this debt remains '5',
reflecting S&P's expectation of modest (10-30%; rounded estimate
10%) recovery in the event of a default.

"We affirmed our 'B' corporate credit rating on Tronox Ltd.
following the announcement of a definitive agreement with unrated
Cristal, a privately held global chemical and mining company, to
acquire the latter's TiO2 business for $1.673 billion of cash and
equity representing 24% ownership in pro forma Tronox," said S&P
Global Ratings credit analyst Mark Tarnecki.

The companies say they expect to close this acquisition before the
first quarter of 2018.  S&P currently estimates year-end 2016
debt/EBITDA above 10x for stand-alone Tronox, which is on the
weaker end of the highly leveraged financial risk profile category.
S&P anticipates debt/EBITDA will remain at the weaker end of the
highly leveraged category in 2017 even with S&P's assumption for
the positive impact of higher pricing.

The negative outlook reflects the risk that TiO2 prices demonstrate
greater volatility than S&P anticipates, coupled with any risk
related to volatility in volumes so that S&P's expected
improvements in EBITDA in 2017 relative to 2016 do not materialize.
S&P expects Tronox to maintain adjusted funds from operations
(FFO) to adjusted debt in the mid-single digits in 2017 to retain
the rating.  S&P's outlook considers the uncertainties related to
the transaction in terms of its timing and funding, as well as
risks related to the potential loss of the company's high margin
and stable alkali business in the overall context of Tronox's
highly leverage financial risk profile.  S&P could reassess credit
quality when it has greater certainty about the transaction's
impact on the company's business and financial risk profiles, as
well as its funding.

S&P could lower the ratings over the next 12 months if it expects
credit measures to weaken to an unsustainable level, or if credit
measures do not strengthen in 2017, including FFO/debt of 5%
without prospects for improvement over the next 12 months.

S&P does not expect to raise its ratings on Tronox over the next 12
months due to operational improvements alone.  S&P's view of the
company's credit quality could improve if there is greater
certainty on the timing and, in particular, the funding of the
transaction, and S&P believes debt leverage will strengthen over
the next 12 months.

A strengthening of FFO/debt to 9% could result in an improvement of
S&P's view of the company's credit quality affecting the current
business risk profile assessment.



UNITED MOBILE: BMW Bank Gets $920.39 Per Month Until Paid in Full
-----------------------------------------------------------------
United Mobile Solutions, LLC, filed with the U.S. Bankruptcy Court
for the Northern District of Georgia an amended disclosure
statement for plan of reorganization dated Feb. 20, 2017.

On Sept. 9, 2016, BMW Bank of North America filed claim number 8 in
the amount of $55,167.93 (the amount plus interest accruing at the
annual rate of 4.5%) secured by a first priority security interest
in the Debtor's 2015 BMW X5.  The Debtor will pay the Class 10 -
Secured Claim of BMW Bank of North America in equal monthly
payments of $920.39 each commencing on the Effective Date and
continuing by the 28th day of each subsequent month until paid in
full.  BMW's first priority security interest will continue and
attach to the BMW X5 to the same extent, validity and priority as
existed on the Filing Date.  Upon receipt of the then outstanding
amount of the Class 10 Secured Claim, BMW will release its security
interest in the BMW X5.  Class 10 is impaired by the Plan.

The source of funds for the payments pursuant to the Plan is the
continued operation of the Debtor as a carrier master dealer for
T-Mobile and MetroPCS.  The Debtor is currently operating as a
master dealer for 33 stores and intends on opening additional
stores over the next 2 years.

Additionally, Debtor intends to fund administrative expenses and
provide operating capital to the Reorganized Debtor from the New
Value in Class 12.

The Disclosure Statement is available at:

          http://bankrupt.com/misc/ganb16-62537-136.pdf

As reported by the Troubled Company Reporter on Dec. 23, 2016, the
Debtor filed with the Court a disclosure statement and plan or
reorganization, dated Dec. 16, 2016, which contemplates the
reorganization and ongoing business operations of Debtor and the
resolution of the outstanding claims against and interests in
Debtor.  Under that plan, Class 11 consisted of general unsecured
claims.  Holders of general unsecured claims would share pro-rata
quarterly distributions of $27,000 each commencing on the 28th day
of the final month of the first quarter following the Effective
Date occurs and continuing on 28th day of the final month of each
subsequent quarter (i.e. June, Sept, December, and March) for a
total of 12 quarterly payments.

                About United Mobile Solutions

United Mobile Solutions, LLC, filed a Chapter 11 petition (Bankr.
N.D. Ga. Case No. 16-62537) on July 20, 2016.  The petition was
signed by Kil Won Lee, president.

The Debtor is a carrier master dealer that operates and manages
approximately 20 retail cellular phone stores.  The Debtor's
corporate offices are located in Norcross, Georgia.

The Debtor is represented by Cameron M. McCord, Esq., at Jones &
Walden, LLC.  The Debtor estimated its assets at $0 to $50,000 and
its liabilities at $1 million to $10 million at the time of the
filing.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of United Mobile Solutions, LLC,
as of Nov. 8, according to a court docket.


UNITED RENTALS: Moody's Affirms Ba3 CFR & Alters Outlook to Pos.
----------------------------------------------------------------
Moody's Investors Service affirmed all ratings of United Rentals
(North America), Inc.'s and changed the ratings outlook to positive
from stable. The ratings affirmed were: CFR at Ba3 and Probability
of Default Rating ("PD") at Ba3-PD, its second lien senior secured
notes were affirmed at Ba1 while it unsecured debt was affirmed at
B1. In a related action Moody's affirmed URI's Speculative Grade
Liquidity Rating (SGL) at SGL-2.

The rating affirmations follow the company's plan to finance the
acquisition of NES Rentals Holdings II ("NES") with a significant
draw on its ABL (Asset Backed Loan) for approximately half of the
$1 billion purchase price. The acquisition is expected to be
financed with two add-on's to existing senior unsecured debt
totaling $500 million.

While the positive ratings outlook reflects the expected benefits
from the integration of the acquisition, it more significantly
reflects prudent balance sheet management as evidenced by the
decision to curtail its share repurchase program while integrating
the acquisition. The change in outlook also reflects the view that
URI has been strongly positioned in the Ba3 rating category and
that a number of factors provide positive traction including its
market position, strong margins, good liquidity, and its
significant geographic and product diversity in the North American
market.

RATINGS RATIONALE

United Rentals' Ba3 CFR is supported by its position as the largest
rental equipment company in North America, notable improvement in
recent years' interest coverage and debt / EBITDA metrics, and its
diverse industry segment exposure and limited exposure to the weak
oil and gas market. These strengths are reflected in URI's credit
metrics which are strong at the Ba3 rating category, with debt /
EBITDA at 2.8 times and EBITDA / Interest at 5.5 times,
respectively, at December 31, 2016 (inclusive of Moody's standard
accounting adjustments for operating leases). The rating also
benefits from the company's ability to sell used equipment and flex
its capital expenditures to better manage through the economic
cycles. Balancing these positives is the cyclical nature of its
business (and the view that business has been losing short term
traction), extensive use of its balance sheet to fund capital
investments, share repurchases, and acquisitions.

The SGL-2 Speculative Grade Liquidity Rating reflects Moody's view
that URI has a good liquidity profile supported by good free cash
flow generation ($1.1 billion generated in 2016), adequate revolver
availability, and about $312 million cash balances at December 31,
2016. Pro forma for the NES acquisition, revolver availability
under the $2.5 billion ABL facility was about $300 million, net of
$36 million in letters of credit, as of December 31, 2016. The
company also has a few foreign assets that could be sold as an
alternative form of liquidity.

The ratings could be upgraded if the company is expected to
maintain positive free cash flow to debt after net capital
expenditures and other uses so as to allow for continued
deleveraging -- specifically, debt to EBITDA anticipated to remain
below 3 times and EBIT to interest trending to be above 2.75 times
on a sustainable basis (all numbers on a Moody's adjusted basis).
United Rentals' anticipated allocation of free cash flow will be an
important consideration in a rating upgrade given its history of
share repurchases and acquisitions. Positive traction could be
limited by future return of cash to shareholders via stock
repurchases depending on its impact on leverage.

The ratings could be adversely affected if debt to EBITDA were
expected to increase above 3.75 times and deteriorate further, EBIT
to interest to decrease below 1.5 times, and/or the company's
liquidity profile to weaken. Ratings could also be adversely
impacted if sales and margins contracted thereby resulting in a
lower return on its fleet. Increased shareholder friendly actions
or a debt financed acquisition that resulted in higher leverage
could also pressure the rating. Moody's notes that the company's
secured notes could be downgraded if total secured debt becomes a
larger percentage of total debt.

The principal methodology used in these ratings was Equipment and
Transportation Rental Industry published in December 2014.

United Rentals, headquartered in Stamford, CT, is an equipment
rental company with a fleet of approximately 430,000 units and
about 900 rental locations across the US and Canada. The company
operates in two business segments. Its General Rentals segment
provides construction, industrial and homeowner equipment; its
Trench Safety, Power & HVAC, and Pump Solutions segment provides
equipment for underground construction, temporary power, climate
control and disaster recovery, and pumps largely for the oil and
gas sector. While the primary source of revenue is from renting
equipment, the company also sells equipment and related parts and
services. Pro forma for the acquisition of NES, revenues generated
during 2016 were estimated at about $6 billion.

Moody's affirmed the following ratings:

Issuer: United Rentals (North America), Inc.

Corporate Family Rating, Ba3;

Probability of Default Rating, Ba3-PD;

Senior Secured Regular Bond/Debenture Jul 15, 2023, Ba1 (LGD2);

Backed Senior Unsecured Regular Bond/Debenture Jun 15, 2023, B1
(LGD5);

Backed Senior Unsecured Regular Bond/Debenture Nov 15, 2024, B1
(LGD5);

Senior Unsecured Regular Bond/Debenture Jul 15, 2025, B1 (LGD5);

Senior Unsecured Regular Bond/Debenture due Sept 15, 2026, B1
(LGD5);

Backed Senior Unsecured Regular Bond/Debenture due May 15, 2027,
B1 (LGD5);

Backed Senior Unsecured Shelf, Affirmed (P)B1;

Backed Senior Subordinated Shelf, Affirmed (P)B2;

Speculative Grade Liquidity Rating, SGL-2.

Issuer: UR Financing Escrow Corporation

Senior Unsecured Regular Bond/Debenture Apr 15, 2022, B1 (LGD5).

Outlook actions:

Issuer: United Rentals (North America), Inc.

The outlook was changed to positive from stable.


VANGUARD HEALTHCARE: Disclosures Approved, March 28 Plan Hearing
----------------------------------------------------------------
Judge Randal S. Mashburn of the U.S. Bankruptcy Court for the
Middle District of Tennessee approved Vanguard Healthcare, LLC, et
al.'s amended disclosure statement referring to their first amended
plan of reorganization, dated Feb 14, 2017.

March 17, 2017, is fixed as the last day for filing written
acceptances or rejections to the Debtors' Amended Plan.

March 17, 2017, is fixed as the last day for filing and serving
written objections to the confirmation of the Debtor's Amended
Plan.

March 28, 2017, at 9:00 a.m., Courtroom One, 701 Broadway,
Nashville, Tennessee is fixed as the first hearing date for the
confirmation of the Debtor's Amended Plan.

                   About Vanguard Healthcare

Vanguard is a long-term care provider headquartered in Brentwood,
Tennessee, providing rehabilitation and skilled nursing services
at
14 facilities in four states (Florida, Mississippi, Tennessee and
West Virginia).

Vanguard Healthcare, LLC, and 17 of its subsidiaries each filed a
Chapter 11 bankruptcy petition (Bankr. M.D Tenn. Lead Case No.
16-03296) on May 6, 2016.  The petitions were signed by William D.
Orand, the CEO.  The cases are assigned to Judge Randal S.
Mashburn.

Vanguard estimated assets in the range of $100 million to $500
million and liabilities of up to $100 million.

The Debtors have hired Bradley Arant Boult Cummings LLP as counsel
and BMC Group as noticing agent.

The U.S. Trustee for Region appointed seven creditors of Vanguard
Healthcare, LLC, to serve on the official committee of unsecured
creditors. The committee members are Kindred Nursing Centers East,
L.L.C., Medline Industries, Inc., Healthcare Services Group, Inc.,
Kirk F. Hebert, Signature Healthcare, LLC, et al., Express
Courier, and Rezult Group, Inc.


VC GB: Offering Structure Change No Impact on Moody's B2 CFR
------------------------------------------------------------
Moody's Investors Service said that VC GB Holdings, Inc.'s change
in its offering structure does not impact the company's ratings,
including its B2 Corporate Family Rating ("CFR"), B2-PD Probability
of Default Rating ("PDR"), B1 rating on its proposed $500 million
first lien senior secured term loan due 2024 and Caa1 rating on its
proposed $150 million second lien senior secured term loan due
2025, or stable rating outlook.

VC GB Holdings, Inc., headquartered in Skokie, IL and Houston, TX,
is a designer and manufacturer of decorative and functional
lighting fixtures and ceiling fans under the brands of Visual
Comfort, Tech Lighting, LBL, Feiss, Sea Gull, Ambiance and Monte
Carlo. The company's customer base includes lighting showrooms,
which serve primarily the home remodeling market, and electrical
distributors, which sell to the homebuilding and commercial
markets, as well as interior designers. Generation Brands was
acquired by AEA Investors, LP in June 2016. In January 2017, AEA
Investors LP entered into a definitive agreement to invest in
Visual Comfort & Co with the existing Visual Comfort management
alongside AEA's investment in Generation Brands. In 2016, VC GB
Holdings, Inc. generated approximately $500 million in pro forma
revenues.


VERITEQ CORP: Incurs $11.1 Million Net Loss in 2015
---------------------------------------------------
Veriteq Corporation filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing a net loss of
$11.14 million for the year ended Dec. 31, 2015, compared to a net
loss of $6.37 million for the year ended Dec. 31, 2014.

The Company reported no revenues from continuing operations for the
years ended Dec. 31, 2015 and 2014.  As a result, the Company did
not generate positive cash flow from operations for the years ended
Dec. 31, 2015, and 2014.  The Company expects to continue to incur
operating losses for the near future, and may not be able to
support its operations or otherwise establish a return on invested
capital.  In addition, the Company said it may not have sufficient
funds to execute our business strategy, requiring it to raise funds
from the capital markets or other sources, resulting in dilution of
its common stock.

As of Dec. 31, 2015, Veriteq had $12,000 in total assets, $14.52
million in total liabilities, $1.84 million in series D preferred
stock and a total stockholders' deficit of $16.35 million.

Salberg & Company, P.A., in Boca Raton, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has
continuing net losses and has negative cash flows from operations
through Dec. 31, 2015, and has a working capital deficit and
accumulated deficit of approximately $14.5 million and $37.3
million, respectively, at Dec. 31, 2015.  In November 2015 a lender
of the Company foreclosed on the Company's assets resulting in the
discontinuance of all operations.  Furthermore, as of the date of
this report, the Company is in default on most of their notes
payable.  These matters raise substantial doubt about the Company's
ability to continue as a going concern.

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

                      https://is.gd/E7J30I

                          About VeriTeQ

VeriTeQ (formerly known as Digital Angel Corporation) develops
innovative, proprietary RFID technologies for implantable medical
device identification, and dosimeter technologies for use in
radiation therapy treatment.  VeriTeQ --
http://www.veriteqcorp.com/-- offers the world's first FDA        

cleared RFID microchip technology that can be used to identify
implantable medical devices, in vivo, on demand, at the point of
care.  VeriTeQ's dosimeters provide patient safety mechanisms
while measuring and recording the dose of radiation delivered to a
patient in real time.


VERITEQ CORP: Incurs $2.6 Million Net Loss in 3rd Quarter 2016
--------------------------------------------------------------
Veriteq Corporation filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $2.66 million on $1.52 million of total revenue for the three
months ended Sept. 30, 2016, compared to net income of $2,844 on
$1.85 million of total revenue for the three months ended
Sept. 30, 2015.

For the nine months ended Sept. 30, 2016, the Company reported a
net loss of $3.09 million on $5.01 million of total revenue
compared to a net loss of $168,826 on $5.22 million of total
revenue for the nine months ended Sept. 30, 2015.

As of Sept. 30, 2016, Veriteq had $1.11 million in total assets,
$18.67 million in total liabilities, $1.40 million in series D
preferred stock and a total stockholders' deficit of $18.96
million.

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

                     https://is.gd/tT6KwH

                         About VeriTeQ

VeriTeQ (formerly known as Digital Angel Corporation) develops
innovative, proprietary RFID technologies for implantable medical
device identification, and dosimeter technologies for use in
radiation therapy treatment.  VeriTeQ --
http://www.veriteqcorp.com/-- offers the world's first FDA        

cleared RFID microchip technology that can be used to identify
implantable medical devices, in vivo, on demand, at the point of
care.  VeriTeQ's dosimeters provide patient safety mechanisms
while measuring and recording the dose of radiation delivered to a
patient in real time.


VERITEQ CORP: Incurs $3.4 Million Net Loss in Q1 2016
-----------------------------------------------------
Veriteq Corporation filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $3.44 million on $0 of sales for the three months ended
March 31, 2016, compared to a net loss of $809,000 on $0 of sales
for the three months ended March 31, 2015.

As of March 31, 2016, Veriteq had $7,000 in total assets, $17.91
million in total liabilities, $1.84 million in series D preferred
stock and a total stockholders' deficit of $19.74 million.

"We have incurred significant operating losses and have not
generated significant revenues since our inception.  At March 31,
2016 we had a working capital deficit of $17.9 million and a
nominal cash balance.  Our cash position is critically deficient,
and certain payments essential to our ability to operate are not
being made in the ordinary course of business, or at all.  Failure
to raise capital in the near term to fund our operations will have
a material adverse effect on our financial condition, raising
substantial doubt about our ability to continue as a going concern.
We currently do not have sufficient cash or other financial
resources to fund our operations and meet our obligations,
including approximately $8.0 million of total notes and loans
payable that is or will become due, for the next twelve months.
While we anticipate that a substantial portion of this indebtedness
will be converted into shares of our common stock or satisfied
through the return of certain assets, there can be no assurances
that we will not receive demands for cash payments on this
indebtedness.

"Since November of 2013, we have financed our operations primarily
through the issuance of convertible promissory notes ("Convertible
Notes").  The Convertible Notes generally mature within 9 to 12
months from the date of issuance and bear interest at rates ranging
from 8% to 12% per annum with all interest payable at maturity.
Outstanding principal and accrued interest is convertible into
shares of Common Stock at discounts to the market price of the
Company's Common Stock ranging from 39% to 43%, with the market
price being based on the low end of the trading range of the Common
Stock during the 10 to 30 days prior to conversion, depending on
the specific note being converted.  In addition, substantially all
of the Convertible Notes contain provisions whereby in the event
the Company were to issue or sell, or is deemed to have issued or
sold, any shares of Common Stock for a consideration per share (the
"New Issuance Price") that is less than the conversion price in
effect immediately prior to such issue or sale or deemed issuance
or sale (a "Dilutive Issuance"), then, immediately after such
Dilutive Issuance, the conversion price then in effect is reduced
to an amount equal to the New Issuance Price.

"As of the date of this report, we are in payment default of a
substantial portion of our existing indebtedness.  Our failure to
timely file periodic reports with the SEC, including the Quarterly
Reports on Form 10-Q for the periods ending March 31, 2016, June
30, 2016 and September 30, 2016, constitute events of default on
all of our Convertible Notes.

"On October 19, 2015, we received a default notice from Magna,
acting in its capacity as collateral agent under the security
agreement pertaining to the Senior Notes.  At the time of the
notice, Magna was the holder of outstanding convertible promissory
notes of the Company in the aggregate principal amount of
approximately $1.6 million (excluding all accrued but unpaid
interest) of Senior Notes, and had entered into agreements with
holders of an additional $0.5 million aggregate principal of Senior
Notes to acquire such Senior Notes.  The default notice demanded
repayment of the entire amount due under the Senior Notes
(including the $0.5 million of Senior Notes Magna had the right to
acquire, collectively, the "Magna Notes").  We did not have the
financial resources to repay this indebtedness. The default notice
also advised the Company and its subsidiaries that Magna was
exercising all of its rights and remedies under the Magna Notes and
the related debt documents. In conjunction with this default
notice, we received from Magna a Notification of Disposition of
Collateral (the "NDC").  The NDC advised us that Magna intended to
sell, lease or license the assets securing the Senior Notes at a
public auction to take place in early November of 2015. These
assets constitute substantially all of our assets, except for those
assets securing the SNC Note.  On November 4, 2015, the public
auction took place, and Magna purchased the assets, including the
capital stock of our VAC and PositiveID Animal Health subsidiaries,
for $1 million, which was credited against our outstanding
indebtedness to Magna.

"We may continue to receive limited funding in the form of
additional Convertible Notes as we look to improve the operating
and cash flow performance of Brace Shop, which we acquired on May
6, 2016.  Brace Shop currently does not generate positive cash flow
from operations.  No assurances can be given that we will be able
to raise any additional funds on terms acceptable to us, or at all,
or that we will be able to continue as a going concern.

"In December 2012, we entered into an asset purchase agreement and
royalty agreement with SNC Holding Corp. wherein VAC acquired
various technology and trademarks related to its radiation dose
measurement technology.  Under the terms of the agreements, we
issued the SNC Note in the principal amount of $3.3 million (the
"SNC Note").  The SNC Note was amended in July 2013 to extend the
maturity date to June 30, 2015. The SNC Note has not been repaid.
By letter agreement dated February 18, 2016, we agreed to return
the SNC Collateral to the holder of the SNC Note, and the holder
agreed to discharge the Company of all of its obligations and
liabilities under the SNC Note upon receipt of the SNC Collateral.
In November 2016 the Company returned the SNC Collateral to the
holder of the SNC Note, but the holder has not yet accepted such
collateral and the debt remains outstanding."

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

                      https://is.gd/l7eU1I

                         About VeriTeQ

VeriTeQ (formerly known as Digital Angel Corporation) develops
innovative, proprietary RFID technologies for implantable medical
device identification, and dosimeter technologies for use in
radiation therapy treatment.  VeriTeQ --
http://www.veriteqcorp.com/-- offers the world's first FDA        

cleared RFID microchip technology that can be used to identify
implantable medical devices, in vivo, on demand, at the point of
care.  VeriTeQ's dosimeters provide patient safety mechanisms
while measuring and recording the dose of radiation delivered to a
patient in real time.


VERITEQ CORP: Posts $83,035 Net Income for Second Quarter
---------------------------------------------------------
Veriteq Corporation filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
of $83,035 on $1.80 million of total revenue for the three months
ended June 30, 2016, compared to a net loss of $111,770 on $1.67
million of total revenue for the three months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $435,907 on $3.48 million of total revenue compared to a
net loss of $171,670 on $3.37 million of total revenue for the same
period a year ago.

As of June 30, 2016, Veriteq had $1.30 million in total assets,
$16.21 million in total liabilities, $1.40 million in series D
preferred stock and a total stockholders' deficit of $16.30
million.

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

                     https://is.gd/pXmFrF

                         About VeriTeQ

VeriTeQ (formerly known as Digital Angel Corporation) develops
innovative, proprietary RFID technologies for implantable medical
device identification, and dosimeter technologies for use in
radiation therapy treatment.  VeriTeQ --
http://www.veriteqcorp.com/-- offers the world's first FDA        

cleared RFID microchip technology that can be used to identify
implantable medical devices, in vivo, on demand, at the point of
care.  VeriTeQ's dosimeters provide patient safety mechanisms
while measuring and recording the dose of radiation delivered to a
patient in real time.


VERMILLION INC: Oracle Partners Hikes Equity Stake to 10.13%
------------------------------------------------------------
Oracle Partners, L.P. disclosed in a regulatory filing with the
Securities and Exchange Commission that it may be deemed to
beneficially own 5,673,754 shares of common stock of Vermillion
Inc. as of Feb. 17, 2017, representing 10.13% of the outstanding
shares of Common Stock.  Oracle Partners purchased 617,731
additional shares of Common Stock on Feb. 17, 2017, for an
aggregate purchase price of $864,823 in a private offering a
purchase price of $1.40 per share.

As of Feb. 17, 2017, Oracle Institutional Partners may be deemed to
beneficially own (a) 1,555,555 shares of Common Stock, and (b)
583,333 shares of Common Stock issuable on the exercise of its
warrant, representing 2.75% of the outstanding shares of Common
Stock.

As of Feb. 17, 2017, Oracle Ten Fund and Investment Manager, due to
its relationship with Oracle Ten Fund, may be deemed to
beneficially own 2,595,980 shares of Common Stock, representing
4.63% of the outstanding shares of Common Stock.

Larry N. Feinberg disclosed that as of Feb. 17, 2017, he
beneficially own 9,825,289 shares of common stock Vermillion,
representing 17.36 percent of the shares outstanding.  

The percentages are based on (i) 52,268,302 shares of Common Stock
outstanding, as reported by the Company in the Form 10-Q, plus (ii)
the 3,747,125 shares of Common Stock sold in the offering.

A full-text copy of the Schedule 13D/A is available at:

                    https://is.gd/oMZbk8

                      About Vermillion

Vermillion, Inc., is dedicated to the discovery, development and
commercialization of novel high-value diagnostic tests that help
physicians diagnose, treat and improve outcomes for patients.
Vermillion, along with its prestigious scientific collaborators,
has diagnostic programs in oncology, hematology, cardiology and
women's health.

The Company filed for Chapter 11 bankruptcy protection (Bankr. D.
Del. Case No. 09-11091) on March 30, 2009.  Vermillion's legal
advisor in connection with its successful reorganization efforts
wass Paul, Hastings, Janofsky & Walker LLP.  Vermillion emerged
from bankruptcy in January 2010.  The Plan called for the Company
to pay all claims in full and equity holders to retain control of
the Company.

Vermillion reported a net loss of $19.1 million on $2.17 million of
total revenue for the year ended Dec. 31, 2015, compared to a net
loss of $19.2 million on $2.52 million of total revenue for the
year ended Dec. 31, 2014.

As of Sept. 30, 2016, Vermillion had $10.68 million in total
assets, $4.39 million in total liabilities and $6.29 million in
total stockholders' equity.


WALNUT CREEK: Seeks to Hire Cutler Law Firm as Legal Counsel
------------------------------------------------------------
Walnut Creek Fertilizer, LLC seeks approval from the U.S.
Bankruptcy Court for the Southern District of Iowa to hire legal
counsel.

The Debtor proposes to hire Cutler Law Firm, P.C. to give legal
advice regarding its duties under the Bankruptcy Code, and provide
other legal services related to its Chapter 11 case.

Robert Gainer, Esq., the attorney designated to represent the
Debtor, will charge an hourly rate of $265 for his services.  The
firm's associates who may assist him will charge $195 per hour.

Mr. Gainer disclosed in a court filing that his firm does not
represent any interest adverse to the Debtor.

Cutler Law Firm can be reached through:

     Robert C Gainer, Esq.
     Cutler Law Firm, P.C.
     1307 50th Street
     West Des Moines, IA 50266
     Tel: (515) 223-6600
     Fax: (515) 223-6787
     Email: rgainer@cutlerfirm.com

                 About Walnut Creek Fertilizer

Based in Walnut, Iowa, Walnut Creek Fertilizer, LLC sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S. D.
Iowa Case No. 17-00210) on February 17, 2017.  The petition was
signed by Peter Horne, Jr., president.  The case is assigned to
Judge Lee M. Jackwig.

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


WALTER INVESTMENT: Bank Debt Trades at 5% Off
---------------------------------------------
Participations in a syndicated loan under Walter Investment
Management Corp is a borrower traded in the secondary market at
95.08 cents-on-the-dollar during the week ended Friday, February
17, 2017, according to data compiled by LSTA/Thomson Reuters MTM
Pricing.  This represents a decrease of 0.67 percentage points from
the previous week.  Walter Investment pays 375 basis points above
LIBOR to borrow under the $1.5 billion facility. The bank loan
matures on Dec. 18, 2020 and carries Moody's B3 rating and Standard
& Poor's B rating.  The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended February 17.




WARRIOR MET: Moody's Assigns B3 Corp. Family Rating
---------------------------------------------------
Moody's Investors Service assigned first-time ratings to Warrior
Met Coal Intermediate HoldCo, LLC, including corporate family
rating (CFR) of B3, probability of default rating (PDR) of B3-PD,
and a senior secured term loan rating of B3. The outlook is
stable.

Warrior was formed on September 3, 2015 by certain of Walter
Energy, Inc.'s lenders under the 2011 Credit Agreement, dated as of
April 1, 2011 and the noteholders under the 9.50% Senior Secured
Notes due 2019 in connection with the acquisition by the company of
certain core operating assets of Walter Energy under section 363
under Chapter 11 of Title 11 of the U.S. Bankruptcy Code. On July
15, 2015, Walter Energy and certain of its wholly owned US
subsidiaries filed voluntary petitions for relief under Chapter 11
of Title 11 of the US Bankruptcy Code in the Northern District of
Alabama, Southern Division.

The operating assets acquired from Walter Energy consist primarily
of two longwall mines located in Alabama. Warrior produces and
exports metallurgical coal for a diversified customer base of blast
furnace steel producers located primarily in Europe and South
America.

Proceeds from borrowings under the $350 million senior secured term
loan, along with a portion of cash on hand, are expected to be used
to pay a one time dividend to Warrior's shareholders.

Issuer: Warrior Met Coal Intermediate Holdco, LLC

Assignments:

-- Corporate Family Rating, Assigned B3

-- Probability of Default Rating, Assigned B3-PD

-- Backed Senior Secured Bank Credit Facility, Assigned B3 (LGD3)

Outlook Actions:

-- Outlook, Assigned Stable

RATINGS RATIONALE

The ratings reflect the company's position as one of the lowest
cost producers of high quality metallurgical coal in the United
States. The company's two operating mines -- No.4 and No.7 --
produce low-vol and mid-vol hard coking coal which commands premium
prices in excess of 90% of benchmark. These mines are highly
efficient and flexible longwall operations with a structurally
lower and highly variable operating cost profile. Nevertheless, the
ratings reflect the significant operational concentration in two
mines, and the inherent volatility of the metallurgical coal
markets.

The metallurgical coal benchmark settlements have fluctuated
between $82 and $285/mt over the past year, and the ratings
incorporate pricing sensitivities of $120 for 2018 and 2019 in the
base case and $95 in a stress case.

Moody's does not view the recent surge in metallurgical coal prices
as sustainable. The recent upturn is attributable primarily to
temporary supply disruptions and operating days restrictions at
mines in China, weather events in Australia and a stimulus-driven
increase in demand from the Chinese steel sector. While the price
rally provides long-awaited relief to the metallurgical coal
producers, Moody's believes that the market will normalize by the
end of 2017.

The ratings reflect the company's fairly low leverage pro forma for
borrowings under the senior secured term loan, with $350 million in
debt implying a Debt/EBITDA ratio of roughly 1x - 1.5x in 2017,
based on Moody's expectations and assuming average metallurgical
coal benchmark settlements of $175 per tonne. The ratings further
reflect, however, potential volatility in margins and increase in
leverage should metallurgical coal prices retreat to the low levels
observed in 2015 and 2016.

The B3 rating on the senior secured term loan, in line with the
CFR, reflects the preponderance of secured debt in the capital
structure, along with the $100 million ABL revolver.

The company has adequate liquidity, including cash balance of
roughly $75 million pro-forma for the transaction and the $100
million ABL facility. The senior secured term loan is not expected
to have any financial covenants. 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.

The ratings could be upgraded 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,
increased above 6x, if free cash flows turned negative, or if
liquidity deteriorated.

The principal methodology used in these ratings was Global Mining
Industry published in August 2014.

Warrior Met Coal is based in Brookwood, Alabama and operates two
longwall mines in Port of Mobile, Alabama, which produce and export
metallurgical ("met") coal for a diversified customer base of blast
furnace steel producers located primarily in Europe and South
America.



WESTMORELAND COAL: Boston Partners Ceases to be 5% Shareholder
--------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, Boston Partners disclosed that as of Dec. 31, 2016, it
beneficially owns 363,150 shares of common stock of Westmoreland
Coal Co. representing 1.96 percent of the shares outstanding.  A
full-text copy of the regulatory filing is available at:

                      https://is.gd/pE84oy

                    About Westmoreland Coal

Colorado Springs, Colo.-based Westmoreland Coal Company (NYSE
AMEX: WLB) -- http://www.westmoreland.com/-- is the oldest        

independent coal company in the United States.  The Company's coal
operations include coal mining in the Powder River Basin in
Montana and lignite mining operations in Montana, North Dakota and
Texas.  Its power operations include ownership of the two-unit
ROVA coal-fired power plant in North Carolina.

Westmoreland reported a net loss applicable to common shareholders
of $203 million on $1.41 billion of revenues for the year ended
Dec. 31, 2015, compared to a net loss applicable to common
shareholders of $173 million on $1.11 billion of revenues for
the year ended Dec. 31, 2014.

As of Sept. 30, 2016, Westmoreland Coal had $1.71 billion in total
assets, $2.30 billion in total liabilities and a total deficit of
$581.2 million.

                          *     *     *

Moody's Investors Service at the end of February 2016 downgraded
the ratings of Westmoreland, including its corporate family rating
to 'Caa1' from 'B3'.

Standard & Poor's Ratings Services in March 2016 affirmed its 'B'
corporate credit rating on Westmoreland and revised the rating
outlook to "negative" from "stable".  "The negative outlook
reflects weaker-than-expected liquidity as a result of a
combination of exposure to a lower price environment and
difficult-to-secure favorable new volume commitments," said
Standard & Poor's credit analyst Vania Dimova.


WESTMORELAND COAL: Venor Capital Holds 4.07% 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 of Westmoreland Coal Company as of Dec.
31, 2016:
                  
                                       Shares     Percentage
                                    Beneficially      of
Reporting Person                       Owned       Shares
----------------                   ------------  ----------
Venor Capital Master Fund Ltd.        755,000        4.07%
Venor Capital Management LP           896,304        4.83%
Venor Capital Management GP LLC       896,304        4.83%
Jeffrey A. Bersh                      896,304        4.83%
Michael J. Wartell                    896,304        4.83%

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

                     https://is.gd/wyiPUv

                    About Westmoreland Coal

Colorado Springs, Colo.-based Westmoreland Coal Company (NYSE
AMEX: WLB) -- http://www.westmoreland.com/-- is the oldest        

independent coal company in the United States.  The Company's coal
operations include coal mining in the Powder River Basin in
Montana and lignite mining operations in Montana, North Dakota and
Texas.  Its power operations include ownership of the two-unit
ROVA coal-fired power plant in North Carolina.

Westmoreland reported a net loss applicable to common shareholders
of $203 million on $1.41 billion of revenues for the year ended
Dec. 31, 2015, compared to a net loss applicable to common
shareholders of $173 million on $1.11 billion of revenues for
the year ended Dec. 31, 2014.

As of Sept. 30, 2016, Westmoreland Coal had $1.71 billion in total
assets, $2.30 billion in total liabilities and a total deficit of
$581.2 million.

                          *     *     *

Moody's Investors Service at the end of February 2016 downgraded
the ratings of Westmoreland, including its corporate family rating
to 'Caa1' from 'B3'.

Standard & Poor's Ratings Services in March 2016 affirmed its 'B'
corporate credit rating on Westmoreland and revised the rating
outlook to "negative" from "stable".  "The negative outlook
reflects weaker-than-expected liquidity as a result of a
combination of exposure to a lower price environment and
difficult-to-secure favorable new volume commitments," said
Standard & Poor's credit analyst Vania Dimova.


WET SEAL: Committee Asks Court to Curb Payments to Sr. Creditors
----------------------------------------------------------------
Jeff Montgomery, writing for Bankruptcy Law360, reports that the
Official Committee of Unsecured Creditors in the Chapter 11 case of
The Wet Seal LLC and its debtor-affiliates urged the U.S.
Bankruptcy Court for the District of Delaware on Feb. 22, 2017, to
curb payments of interest and principal to senior creditors pending
resolution of cash concerns.  

The Committee, according to Law360, warned that the Debtors'
Chapter 11 appears headed for insolvency.

Funding for about $6 million in company expenses appears
unaccounted for in the Debtors' plan, while only about $1 million
will remain after liquidation of all company assets, Law360
relates, citing Committee attorneys.

                       About The Wet Seal

The Wet Seal, LLC, and its affiliates are a national multi-channel
specialty retailer selling fashion apparel and accessory items
designed for female customers aged 18 to 24 years old.  They are
currently comprised of two primary units: the retail store business
and an e-commerce business.  Through their retail store business,
they operate approximately 142 retail locations in 37 states,
principally in lease-based mall locations.  They also have
historically sold gift cards, which business has been primarily
operated through The Wet Seal Gift Card, LLC.

The Wet Seal, LLC, also known as The Wet Seal (2015), LLC, sought
Chapter 11 protection (Bankr. D. Del. Case No. 17-10229) on Feb. 2,
2017.  The petitions were signed by Judd P. Tirnauer, executive
vice president and chief financial officer.

The cases are assigned to Judge Christopher S. Sontchi.

The Debtors estimated assets in the range of $10 million to $50
million and $50 million to $100 million in debt.

The Debtors tapped Robert S. Brady, Esq., Michael R. Nestor, Esq.,
Jaime Luton Chapman, Esq., Andrew L. Magaziner, Esq., of the Young
Conaway Stargatt & Taylor, LLP, as counsel. They also tapped
Berkeley Research Group, LLC, as financial advisors; Hilco IP
Services, LLC dba Hilco Streambank as intellectual property
disposition consultant; and Donlin, Recano & Company as claims and
noticing agent.

The Official Committee of Unsecured Creditors tapped Cooley LLP and
Saul Ewing LLP as its attorneys.


WHITING PETROLEUM: Incurs $1.33 Billion Net Loss in 2016
--------------------------------------------------------
Whiting Petroleum Corporation filed with the Securities and
Exchange Commission its annual report on Form 10-K disclosing
a net loss of $1.33 billion on $1.28 billion of operating revenues
for the year ended Dec. 31, 2016, compared to a net loss of $2.21
billion on $2.09 billion of operating revenues for the year ended
Dec. 31, 2015.

For the three months ended Dec. 31, 2016, the Company reported a
net loss of $173.26 million on $342.69 million of operating
revenues compared to a net loss of $98.72 million on $417.95
million of operating revenues for the same period a year ago.

As of Dec. 31, 2016, Whiting Petroleum had $9.87 billion in total
assets, $4.72 billion in total liabilities and $5.14 billion in
total equity.

Whiting's production in the fourth quarter 2016 totaled 10.9
million barrels of oil equivalent (MMBOE), comprised of 84% crude
oil/natural gas liquids (NGLs).  Fourth quarter 2016 production
averaged 118,890 barrels of oil equivalent per day (BOE/d), above
the high end of guidance (117,390 BOE/d) and an increase from the
third quarter when adjusted for asset sales.(1) Enhanced
completions contributed to production exceeding guidance and to
lease operating expense (LOE) per BOE coming in at the low end of
guidance.  LOE also benefited from the sale of higher cost
properties and continued efficiency gains in the field.

James J. Volker, Whiting's chairman, president and CEO,
commented, "Whiting delivered another strong quarter.  Production
grew sequentially when adjusted for asset sales and exceeded the
high end of our forecast.  Operating expense was at the low end of
guidance.  We achieved this while generating operating cash flow
that exceeded our capital expenditures.  Also, our efforts to
reshape our balance sheet came to fruition this quarter. We
announced the $375 million sale of our North Dakota midstream
assets.  We received the proceeds on January 3, 2017 and used $275
million to redeem all of our outstanding 2018 notes on February 2,
2017.  Since the beginning of 2016, we have sold $725 million of
non-core properties and used the proceeds to improve our balance
sheet.  Asset sales combined with innovative debt exchange
transactions and free cash flow reduced debt by $2.4 billion or 42%
since March 2016."

Mr. Volker continued, "In 2016, we worked to position the company
for strong growth through balance sheet improvement and a focus on
operational improvements that resulted in a 42% increase in per
well productivity over 2015.  In 2017, we are focused on increasing
production, reserves and net asset value through a capital
efficient plan that further enhances our balance sheet metrics
through growth.  We project a total capital budget of $1.1 billion
in 2017. Based on this capital plan, we forecast that production
grows 23% from first quarter to fourth quarter 2017."

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

                      https://is.gd/lcfOVX

                     About Whiting Petroleum

Whiting Petroleum Corporation is an independent oil and gas company
engaged in development, production, acquisition and exploration
activities primarily in the Rocky Mountains and Permian Basin
regions of the United States.

                            *   *    *

As reported by the TCR on Dec. 26, 2016, S&P Global Ratings raised
its corporate credit rating on Denver-based Whiting Petroleum Corp.
to 'BB-' from 'B+'.  The outlook is stable.


WILLIAM'S WORLDWIDE: Case Summary & 9 Unsecured Creditors
---------------------------------------------------------
Debtor: William's Worldwide Shipping & Trading, Inc.
        1177 Utica Avenue
        Brooklyn, NY 11203

Case No.: 17-40762

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: February 21, 2017

Court: United States Bankruptcy Court
       Eastern District of New York (Brooklyn)

Judge: Hon. Carla E. Craig

Debtor's Counsel: Robert J. Musso, Esq.
                  ROSENBERG, MUSSO & WEINER, LLP
                  26 Court Street, Suite 2211
                  Brooklyn, NY 11242
                  Tel: (718) 855-6840
                  Fax: (718) 625-1966
                  E-mail: courts@nybankruptcy.net

Total Assets: $963,930

Total Liabilities: $1.14 million

The petition was signed by Michelle Williams-Libert, president.

A copy of the Debtor's list of nine unsecured creditors is
available for free at http://bankrupt.com/misc/nyeb17-40762.pdf


WILLMAN CONSTRUCTION: Remaining Claimants to Get 50% Over 10 Yrs.
-----------------------------------------------------------------
Willman Construction, Inc., filed with the U.S. Bankruptcy Court
for the Southern District of Iowa a second amended disclosure
statement dated Feb. 20, 2017, referring to the Debtor's plan of
reorganization.

The remaining claims (other than subordinated or disallowed claims)
in this case are to be paid at 50% by the Debtor and will be paid,
quarterly, over a period of 10 years commencing at the 241st month
after confirmation at 3.25% interest per annum.

The Plan is based upon the assumption that the liquidation of the
Debtor's assets would not provide full payment to all of its
secured creditors, much less its unsecured creditors, nor
meaningful payments to general unsecured creditors.  The Plan will
provide payment of a not insubstantial portion of the principal
amount of all allowed unsecured claims held by non-insiders.  The
Plan will provide for full payment of the allowed amount of secured
claims with interest at a rate sufficient to provide payment of
each secured claim.

The Plan is based upon the future generation of income from the
business of the Debtor.  The Plan provides for retirement of the
existing secured debt in an orderly manner, payment of
administrative and priority plan claimants with interest and
payment of unsecured debt as provided in the Plan over time.

The Second Amended Disclosure Statement is available at:

          http://bankrupt.com/misc/iasb16-00774-209.pdf

As reported by the Troubled Company Reporter on Nov. 28, 2016, the
Debtor filed with the Court an amended disclosure statement dated
Nov. 11, 2016, referring to the Debtor's plan of reorganization,
which proposed that holders of Class 3 General Unsecured Creditors
be paid in full over 120 months from the effective date of the Plan
at 3.25% per annum.  

                     About Willman Construction

Willman Construction, Inc., is a Davenport, Iowa-based
multi-faceted construction company created by Mark Willman,
originally as a sole proprietorship and later in 1992 as a
corporation.

The Debtor filed bankruptcy petitions (Bankr. S.D.Ia. Lead Case No.
16-00774) on April 15, 2016.  The petitions were signed by Mark
Willman, authorized representative.  Judge Lee M. Jackwig is
assigned to the cases.

Willman Construction scheduled $521,700 in total assets and
$1,200,000 in total liabilities as of the petition date.

The Debtors have hired Katz Nowinski PC as counsel, and Honkamp
Krueger & Co, PC, as accountants.

The Office of the U.S. Trustee for Region 12 on April 28, 2016,
appointed four creditors of Willman Construction, Inc., to serve on
the official committee of unsecured creditors.


WME IMG: Term Loan Upsize No Impact on Moody's B2 CFR
-----------------------------------------------------
Moody's Investors Service said WME IMG, LLC's B2 corporate family
rating is unchanged following the proposed upsize of the add on
term loan to $250 million from $100 million. The $150 million
increase is expected to be used to repay a like amount of 2nd lien
term loans with the original $100 million expected to be used for
acquisitions and general corporate purposes. Both the B1 rating on
the first lien credit facility and Caa1 rating on the second lien
term loan are unchanged, but a further reduction in the size of the
second lien term loan could lead to a downgrade of the first lien
rating to B2 and be in line with the existing B2 CFR. The outlook
remains stable. The add on term loan is expected to be fungible
with the existing 1st lien term loan.

WME IMG, LLC. is a diversified global company with operations in
client representation, event operations, distribution of media,
sponsorship and licensing rights, as well as marketing and other
services. William Morris Endeavor Entertainment, LLC. bought IMG
Worldwide Holdings, Inc. (IMG) in May 2014 for approximately $2.4
billion dollars with equity financing from Silver Lake Partners in
the amount of $461 million. Reported revenue as of the LTM ending
September 30, 2016 is approximately $2.5 billion.


XTERA COMMUNICATIONS: Case Converted to Chapter 7 Liquidation
-------------------------------------------------------------
The Hon. Kevin J. Carey of the U.S. Bankruptcy Court for the
District of Delaware has converted Xtera Communications, Inc., et
al.'s Chapter 11 reorganization cases to ones under Chapter 7
liquidation.

The professional fee reserve in the amount of $1,425,000 will be
continued to be possessed by DLA Piper and maintained fro payment
of the fees of the professionals retained by the Debtors and the
Official Committee of Unsecured Creditors in the Chapter 11 cases.
The professionals will file their final fee applications by April
14, 2017.  The deadline to object to a final fee application will
be April 28, 2017, at 4:00 p.m. (prevailing Eastern Time).  A
hearing to consider all timely filed final fee applications will be
held on May 9, 2017, at 11:00 a.m.

The Chapter 7 trustee, once appointed, will file the necessary
pleadings and certifications of counsel to authorize and direct the
Clerk of the Court to promptly change the dockets of the Chapter 11
cases to reflect the modified names of the Debtors.

Matt Chiappardi, writing for Bankruptcy Law360, reports that the
Debtors' auction was cancelled and the $10.5 million sale to the
post-petition lender didn't leave the estate with enough money to
finish the cases with a Chapter 11 plan.

                   About Xtera Communications

Xtera Communications and seven affiliated debtors filed for Chapter
11 protection (Bankr. D. Del. Lead Case No. 16-12577) on Nov. 15,
2016.  The Company sells telecommunications-related optical
transport solutions.  The Company disclosed $50.47 million in
assets and $66.45 million in total debt as of the bankruptcy
filing.

Xtera tapped DLA Piper LLP as legal counsel; Cowen & Company as
investment banker; and Epiq Systems Inc. as claims agent.

On Nov. 23, 2016, the Office of the U.S. Trustee appointed five
creditors to serve on the official committee of unsecured
creditors.  Lawyers at Bayard P.A., and Lowenstein Sandler LLP
serve as counsel to the committee while BDO USA, LLP (BDO) serves
as its financial advisor.

HIG Neptune, the postpetition lender, is represented by Allen &
Overy LLP; and Morris, Nichols, Arsht & Tunnell LLP.  Counsel to
Wilmington Trust, N.A., the DIP Agent, is Kaye Scholer LLP.
Counsel to the prepetition senior lender are Levy, Small & Lallas
and Chipman Brown Cicero & Cole, LLP.  Counsel to Horizon
Technology Finance Corp., the prepetition subordinated lender, is
K&L Gates LLP.


ZIO'S RESTAURANT: Unsecureds to Recover 5% Under Amended Plan
-------------------------------------------------------------
Zio's Restaurant Company, LLC, and its affiliates filed with the
U.S. Bankruptcy Court for the Western District of Texas a
disclosure statement for their first amended joint plan of
reorganization, dated Feb. 15, 2017.

The Debtors' business operations are, and have been, managed by FMP
SA Management Group, LLC, which provides operational oversight and
all professional and administrative services for the Debtors.

The Debtors' Plan is a new value plan.  In particular, Newco will
make a cash contribution to Zio's and will cause FMP to make a cash
contribution to Zio's, sufficient to permit Zio's to pay all
Allowed Administrative Claims in full and pay a 5% dividend to All
Allowed General Unsecured Claims.

Newco will contribute $100,000 to the Debtors on the Effective Date
and Zio's will cause FMP to contribute $100,000 to the Debtors on
the Effective Date, which amount may be setoff against the FMP Cure
Claim.

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

         http://bankrupt.com/misc/txwb16-52041-226.pdf

                     About Zio's Restaurant

Zio's Restaurant Company, LLC and 16 of its subsidiaries commenced
Chapter 11 cases on Sept. 7, 2016, in the U.S. Bankruptcy Court
for
the Western District of Texas (Bankr. W.D. Tex. Proposed Lead Case
No. 16-52041).  The cases are assigned to Judge Ronald B. King.

Founded in 1994 in Oklahoma City, Oklahoma, Zio's Restaurant
Company, LLC, et al., have operated a full-service chain
restaurant
since 2007.  Zio's focuses on providing Italian cuisine in a
casual
and comfortable open-aire piazza.  Zio's offers appetizers, soups
and salads, pastas, specialties, calzones and sandwiches, pizzas,
drinks, wine, desserts, kid's menu, pronto lunches, and gluten
free
menu options.

As of the Petition Date, there were 15 stores, all of which
operate
in leased premises located in Texas, Oklahoma, Missouri, Kansas,
New Mexico and Colorado.  The Debtors employ 875 personnel.  At
one
time, the Zios' concept was expanded to 21 locations.

The Debtors' business operations are, and have been, managed by
FMP
SA Management Group, LLC pursuant to a management agreement.  FMP,
a privately held company based in Hollywood Park, Texas, is a
multi-concept developer and operator of independent restaurant
chains.

Zio's Restaurant is the sole member of each of Debtors FMPRG #
601,
LLC, FMPRG # 602, LLC, FMPRG # 603, LLC, FMPRG # 604, LLC, FMPRG #
605, LLC, FMPRG # 606, LLC, FMPRG # 607, LLC, FMPRG # 608, LLC,
FMPRG # 609, LLC, FMPRG # 610, LLC, FMPRG # 611, LLC, FMPRG # 613,
LLC, FMPRG # 615, LLC, FMPRG # 618, LLC, FMPRG # 623, LLC, and
FMPRG # 624, LLC.


[*] Munsch Hardt Co-Founder Russell L. Munsch Dies in Plane Crash
-----------------------------------------------------------------
Munsch Hardt Kopf & Harr, P.C., confirmed on its website on Feb.
21, 2017, that Russell L. Munsch, bankruptcy and banking attorney
and one of its founding partners, was killed in a plane crash in
Melbourne, Australia, on Feb. 20.

Michelle Casady, writing for Bankruptcy Law360, reports that Mr.
Munsch has served as bankruptcy counsel to Nelson Bunker Hunt
during his Chapter 11 proceedings that involved more than $2
billion in disputed creditor claims.

On April 15, 1985, Mr. Munsch and five of his fellow associates
decided to leave one of Dallas' largest law firms to form Munsch
Hardt.

In 1988, Mr. Munsch was hired to represent Mr. Hunt in one of the
largest personal bankruptcy cases in U.S. history.  Mr. Munsch went
on to serve as counsel in a number of high-profile bankruptcy
cases, including Enron Corporation, Coho Energy Corporation,
Northwest Airlines, Dow Corning Corporation, The Southland
Corporation, and Columbia Gas Transmission Company, to name a few.

Throughout his career, Mr. Munsch served in various positions
within Munsch Hardt, including Chairman, Chief Executive Officer
and as a member of the firm's Management and Compensation
committees.  While Mr. Munsch continued to support the firm by
serving in various administrative roles, he had retired from the
active practice of law.  

Munsch Hardt Kopf & Harr, P.C. -- http://munsch.com/-- is a
Texas-based, mid-sized commercial law firm with more than 110
attorneys in Dallas, Houston and Austin.  From corporate
transactions to dispute resolution, Munsch Hardt provides
wide-ranging legal expertise to its clients, navigating each step
with in-depth knowledge and responsive action.  Munsch Hardt
attorneys are known for having large law firm backgrounds and
providing clients with a personal and focused approach.  Practice
groups include all aspects of Admiralty & Maritime; Business
Litigation; Corporate and Securities; Energy & Environmental;
Finance; Health Care; Immigration; Insurance; Labor & Employment;
Real Estate; and Restructuring, Creditors' Rights & Finance.


[^] BOND PRICING: For the Week from February 20 to 24, 2017
-----------------------------------------------------------
  Company                   Ticker  Coupon Bid Price   Maturity
  -------                   ------  ------ ---------   --------
A. M. Castle & Co           CASL     5.250    28.125 12/30/2019
A. M. Castle & Co           CASL     7.000    58.000 12/15/2017
American Eagle Energy Corp  AMZG    11.000     1.000   9/1/2019
Amyris Inc                  AMRS     6.500    55.000  5/15/2019
Avaya Inc                   AVYA    10.500    28.375   3/1/2021
Avaya Inc                   AVYA    10.500    26.250   3/1/2021
BPZ Resources Inc           BPZR     6.500     3.017   3/1/2015
BPZ Resources Inc           BPZR     6.500     3.017   3/1/2049
Berry Petroleum Co LLC      LINE     6.750    62.313  11/1/2020
CEDC Finance Corp
  International Inc         CEDC    10.000    14.000  4/30/2018
Caesars Entertainment
  Operating Co Inc          CZR     12.750    74.750  4/15/2018
Caesars Entertainment
  Operating Co Inc          CZR      5.750    73.000  10/1/2017
Chassix Holdings Inc        CHASSX  10.000     8.000 12/15/2018
Chassix Holdings Inc        CHASSX  10.000     8.000 12/15/2018
Chukchansi Economic
  Development Authority     CHUKCH   9.750    42.500  5/30/2020
Chukchansi Economic
  Development Authority     CHUKCH   9.750    42.250  5/30/2020
Cinedigm Corp               CIDM     5.500    10.000  4/15/2035
Claire's Stores Inc         CLE      9.000    46.500  3/15/2019
Claire's Stores Inc         CLE      8.875    10.000  3/15/2019
Claire's Stores Inc         CLE      7.750    18.500   6/1/2020
Claire's Stores Inc         CLE     10.500    85.500   6/1/2017
Claire's Stores Inc         CLE      6.125    43.500  3/15/2020
Claire's Stores Inc         CLE      9.000    48.000  3/15/2019
Claire's Stores Inc         CLE      9.000    46.500  3/15/2019
Claire's Stores Inc         CLE      6.125    42.500  3/15/2020
Claire's Stores Inc         CLE      7.750    14.500   6/1/2020
Cliffs Natural
  Resources Inc             CLF      8.000   105.500  9/30/2020
Cobalt International
  Energy Inc                CIE      2.625    34.250  12/1/2019
Cumulus Media Holdings Inc  CMLS     7.750    35.000   5/1/2019
EXCO Resources Inc          XCO      7.500    54.349  9/15/2018
Emergent Capital Inc        EMGC     8.500    40.000  2/15/2019
Energy Conversion
  Devices Inc               ENER     3.000     7.875  6/15/2013
Energy Future
  Holdings Corp             TXU      6.500    14.500 11/15/2024
Energy Future
  Holdings Corp             TXU      5.550    10.250 11/15/2014
Energy Future
  Holdings Corp             TXU      6.550    14.000 11/15/2034
Energy Future
  Holdings Corp             TXU     11.250    12.250  11/1/2017
Energy Future
  Holdings Corp             TXU     10.875    12.250  11/1/2017
Energy Future
  Holdings Corp             TXU     10.875    12.250  11/1/2017
Energy Future
  Holdings Corp             TXU      9.750    29.250 10/15/2019
Energy Future Intermediate
  Holding Co LLC / EFIH
  Finance Inc               TXU     10.000    25.750  12/1/2020
Energy Future Intermediate
  Holding Co LLC / EFIH
  Finance Inc               TXU     10.000    24.050  12/1/2020
Energy Future Intermediate
  Holding Co LLC / EFIH
  Finance Inc               TXU      9.750    30.000 10/15/2019
Energy Future Intermediate
  Holding Co LLC / EFIH
  Finance Inc               TXU      6.875    25.250  8/15/2017
Erickson Inc                EAC      8.250    25.250   5/1/2020
Evergreen Solar Inc         ESLR     4.000     0.466  7/15/2013
FXCM Inc                    FXCM     2.250    31.000  6/15/2018
Fleetwood Enterprises Inc   FLTW    14.000     3.557 12/15/2011
GenOn Energy Inc            GENONE   7.875    78.235  6/15/2017
Goodman Networks Inc        GOODNT  12.125    40.750   7/1/2018
Gymboree Corp/The           GYMB     9.125    35.000  12/1/2018
Halliburton Co              HAL      6.150   110.505  9/15/2019
Homer City Generation LP    HOMCTY   8.137    40.750  10/1/2019
Horsehead Holding Corp      ZINC    10.500    80.250   6/1/2017
Iracore International
  Holdings Inc              IRACOR   9.500    51.000   6/1/2018
Iracore International
  Holdings Inc              IRACOR   9.500    51.000   6/1/2018
IronGate Energy
  Services LLC              IRONGT  11.000    37.125   7/1/2018
IronGate Energy
  Services LLC              IRONGT  11.000    37.375   7/1/2018
IronGate Energy
  Services LLC              IRONGT  11.000    36.875   7/1/2018
IronGate Energy
  Services LLC              IRONGT  11.000    36.875   7/1/2018
Jack Cooper Holdings Corp   JKCOOP   9.250    39.000   6/1/2020
James River Coal Co         JRCC     7.875     2.260   4/1/2019
Las Vegas Monorail Co       LASVMC   5.500     0.833  7/15/2019
Lehman Brothers
  Holdings Inc              LEH      4.000     3.355  4/30/2009
Lehman Brothers
  Holdings Inc              LEH      1.383     3.355  6/15/2009
Lehman Brothers
  Holdings Inc              LEH      1.500     3.355  3/29/2013
Lehman Brothers
  Holdings Inc              LEH      2.000     3.355   3/3/2009
Lehman Brothers
  Holdings Inc              LEH      5.000     3.355   2/7/2009
Lehman Brothers
  Holdings Inc              LEH      2.070     3.355  6/15/2009
Lehman Brothers
  Holdings Inc              LEH      1.600     3.355  11/5/2011
Lehman Brothers Inc         LEH      7.500     1.226   8/1/2026
Light Tower Rentals Inc     LHTTWR   8.125    43.625   8/1/2019
Light Tower Rentals Inc     LHTTWR   8.125    43.625   8/1/2019
Linn Energy LLC /
  Linn Energy
  Finance Corp              LINE     6.500    49.000  5/15/2019
Linn Energy LLC /
  Linn Energy
  Finance Corp              LINE     6.500    49.000  9/15/2021
Lumbermens Mutual
  Casualty Co               KEMPER   9.150     0.493   7/1/2026
MF Global Holdings Ltd      MF       3.375    30.500   8/1/2018
MModal Inc                  MODL    10.750    10.125  8/15/2020
McKesson Corp               MCK      5.700    99.973   3/1/2017
Morgan Stanley              MS       2.453    98.965  3/11/2017
NRG REMA LLC                GENONE   9.237    85.000   7/2/2017
Nine West Holdings Inc      JNY      6.875    24.250  3/15/2019
Nine West Holdings Inc      JNY      8.250    28.000  3/15/2019
Nine West Holdings Inc      JNY      8.250    26.000  3/15/2019
Nuverra Environmental
  Solutions Inc             NESC     9.875    11.315  4/15/2018
OMX Timber Finance
  Investments II LLC        OMX      5.540     9.125  1/29/2020
Peabody Energy Corp         BTU      6.000    40.000 11/15/2018
Peabody Energy Corp         BTU      6.250    36.000 11/15/2021
Peabody Energy Corp         BTU      6.500    38.250  9/15/2020
Peabody Energy Corp         BTU      4.750     7.150 12/15/2041
Peabody Energy Corp         BTU      7.875    50.250  11/1/2026
Peabody Energy Corp         BTU      6.000    43.000 11/15/2018
Peabody Energy Corp         BTU      6.000    40.000 11/15/2018
Permian Holdings Inc        PRMIAN  10.500    30.000  1/15/2018
Permian Holdings Inc        PRMIAN  10.500    29.125  1/15/2018
Pernix Therapeutics
  Holdings Inc              PTX      4.250    25.000   4/1/2021
Pernix Therapeutics
  Holdings Inc              PTX      4.250    27.265   4/1/2021
Prospect Holding
  Co LLC / Prospect
  Holding Finance Co        PRSPCT  10.250    48.233  10/1/2018
Rex Energy Corp             REXX     8.875    45.299  12/1/2020
Rolta LLC                   RLTAIN  10.750    22.625  5/16/2018
SAExploration Holdings Inc  SAEX    10.000    50.000  7/15/2019
Samson Investment Co        SAIVST   9.750     7.330  2/15/2020
Sequa Corp                  SQA      7.000    55.500 12/15/2017
Sequa Corp                  SQA      7.000    55.500 12/15/2017
SiTV LLC / SiTV
  Finance Inc               NUVOTV  10.375    59.500   7/1/2019
SiTV LLC / SiTV
  Finance Inc               NUVOTV  10.375    59.000   7/1/2019
Sidewinder Drilling Inc     SIDDRI   9.750    14.900 11/15/2019
Sidewinder Drilling Inc     SIDDRI   9.750    15.000 11/15/2019
SunEdison Inc               SUNE     5.000    30.000   7/2/2018
SunEdison Inc               SUNE     2.000     2.662  10/1/2018
SunEdison Inc               SUNE     2.750     2.000   1/1/2021
SunEdison Inc               SUNE     2.375     2.000  4/15/2022
SunEdison Inc               SUNE     0.250     3.000  1/15/2020
SunEdison Inc               SUNE     3.375     1.929   6/1/2025
SunEdison Inc               SUNE     2.625     1.757   6/1/2023
TMST Inc                    THMR     8.000    17.500  5/15/2013
Talos Production LLC /
  Talos Production
  Finance Inc               TALPRO   9.750    70.250  2/15/2018
Talos Production LLC /
  Talos Production
  Finance Inc               TALPRO   9.750    70.250  2/15/2018
TerraVia Holdings Inc       TVIA     5.000    40.125  10/1/2019
TerraVia Holdings Inc       TVIA     6.000    66.125   2/1/2018
Terrestar Networks Inc      TSTR     6.500    10.000  6/15/2014
Trans-Lux Corp              TNLX     8.250    20.125   3/1/2012
UCI International LLC       UCII     8.625    26.000  2/15/2019
Venoco LLC                  VQ       8.875     1.270  2/15/2019
Verso Paper Holdings
  LLC / Verso Paper Inc     VRS     11.750    17.000  1/15/2019
Verso Paper Holdings
  LLC / Verso Paper Inc     VRS     11.750    17.000  1/15/2019
Violin Memory Inc           VMEM     4.250     8.500  10/1/2019
Walter Energy Inc           WLTG     9.875     0.599 12/15/2020
Walter Energy Inc           WLTG     9.875     0.599 12/15/2020
Walter Energy Inc           WLTG     9.875     0.599 12/15/2020
rue21 inc                   RUE      9.000    24.000 10/15/2021
rue21 inc                   RUE      9.000    23.000 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.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
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.

                   *** End of Transmission ***