TCR_Public/170405.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Wednesday, April 5, 2017, Vol. 21, No. 94

                            Headlines

14885 INWOOD: Voluntary Chapter 11 Case Summary
1776 AMERICAN: Has Until May 29 to File Plan & Disclosures
1776 AMERICAN: Hires Remax Executive as Real Estate Agent & Broker
A-1 EXPRESS: Committee Taps Kilpatrick Townsend as Legal Counsel
AARON ROBERT PARTHEMER: Reaches Settlement With SEC

ACTIVECARE INC: Amends Current Report on Jeff Greene Loan Pact
ADAMIS PHARMACEUTICALS: Incurs $20.8 Million Net Loss in 2016
AEROPOSTALE INC: Exclusive Plan Filing Deadline Extended to May 1
ALAMOS GOLD: Moody's Withdraws B2 CFR After Debt Repayment
ALLIANCE RESOURCE: Moody's Assigns Ba3 Corporate Family Rating

ALPHA SODA: Hires George M. Geeslin as Counsel
ALPHATEC HOLDINGS: Broadfin Capital Holds 9.99% Equity Stake
ALPHATEC HOLDINGS: Obtains $18.9-Mil. From Private Placement
ALTA MESA: Reports $167.9 Million Net Loss for 2016
ANDERSON SHUMAKER: Can Use the Cash Collateral of Associated Bank

ANGELICA CORPORATION: Will Sell Laundry Business to KKR for $125M
ANGIOSOMA INC: Will Need Additional Capital to Remain in Business
ASHMEL PLUMBING: Unsecureds to Recover 40% Under Plan
AZURE MIDSTREAM: Cancels Registration of Unsold Securities
AZURE MIDSTREAM: David C. Robins Ceases Ownership of Common Units

AZURE MIDSTREAM: Will No Longer Issue Shares Under 2013 LTIP
BASIC ENERGY: Reports Financial Results for 4th Quarter 2016
BEHRINGER HARVARD: Deloitte & Touche LLP Raises Going Concern Doubt
BERNARD L. MADOFF: Hidden Deals at Center of Hedge-Fund Suit
BIOLARGO INC: Amends 36.1 Million Common Shares Prospectus

BIOLARGO INC: Will Need More Capital to Expand Operations
BIOPLANET CORP: Has Until June 15 to File Plan & Disclosures
BIOSCRIP INC: 2017 Adjusted EBITDA Forecast at $45M to $55M
BIRCH GROVE: Hires Anderson Auction & Realty Brokers as Auctioneers
BRITISH MOTORCARS: Hires McQueen & Ashman as Special Counsel

CABLE ONE: S&P Affirms 'BB' CCR on NewWave Acquisition
CAPSTONE PEDIATRICS: Cigna Health Objects to Disclosure Statement
CAPSTONE PEDIATRICS: Eddie Hamilton Tries to Block Disclosures OK
CARGO DOCTOR: Hires Kasuri Byck as Bankruptcy Attorney
CARRINGTON FARMS: Intends to Use Granite Bank Cash Collateral

CARTEL MANAGEMENT: Hires Hartnett Smith as Special Counsel
CEETOP INC: Will Need Additional Time to File Form 10-K
CHARLES STREET: Unsecureds' Recovery Unknown Under 3rd Plan
CHESAPEAKE ENERGY: Notifies Noteholders of Repurchase Option
CHIEFTAIN STEEL: Unsecureds to Recover 10% Under Latest Plan

CHINA FISHERY: Trustee Taps Development Specialists as Accountant
COLORADO GREENHOUSE: Trustee Taps Asset Finders as Consultant
COLORFX INC: Case Summary & 20 Largest Unsecured Creditors
COMPREHENSIVE VASCULAR: Hires Dentons US as Counsel
COMPREHENSIVE VASCULAR: Hires Shane as Real Estate Broker

CONNECT TRANSPORT: Trustee Taps Shattuck as Auctioneer
COVINGTON PLACE: Case Summary & 6 Unsecured Creditors
CREATIVE REALITIES: Posts Fourth Quarter Revenues of $5.5 Million
CROFCHICK INC: PA Revenue Dep't Supports Approval of Plan Outline
CS360 TOWERS: Trustee Taps Downey Brand as Legal Counsel

CTI BIOPHARMA: Net Financial Standing at $17M as of Feb. 28
CYTORI THERAPEUTICS: Registers 1,173,241 Shares of Common Stock
DAVAMADA INC: Court Approves Disclosure Statement
DAVID SAPPINGTON: Vino Patel Buying Lancaster Property for $500K
DEFINITIONS PRIVATE: Voluntary Chapter 11 Case Summary

DELCATH SYSTEMS: Incurs $18 Million Net Loss in 2016
DIAMONDHEAD CASINO: Will File Form 10-K Within Extension Period
DIGIDEAL CORPORATION: U.S. Trustee Forms 2-Member Committee
DODGE CITY: Unsecureds to Get 100% in Deferred Cash Payments
DOWN HOUSE: Voluntary Chapter 11 Case Summary

EAST TEXAS MEDICAL: Moody's Lowers Debt Rating to B3; Outlook Neg.
ELRAY RESOURCES: Will File 2016 Annual Report by April 17
ENDLESS SALES: Taps Hampton & Pigott as Special Counsel
ENERGY FUTURE: Texas Regulators Give Prelim "No" to Oncor Takeover
EPICENTER PARTNERS: Sonoran, et al., Unsecureds to Get 100% at 4%

ERIE STREET INVESTORS: Case Summary & 20 Top Unsecured Creditors
ESSAR STEEL: Asks Court to Allow Great Lakes Gas' $32.9M Claim
ESSAR STEEL: Sues Southern Coal for Breaching Contracts
ESSAR STEEL: Wants $5M in Financing to Restart Mine Construction
ESSEX CONST: Trustee Wants to Keep Using Banks' Cash Collateral

ESSEX CONSTRUCTION: Trustee Taps Whiteford Taylor as Legal Counsel
ETERNAL ENTERPRISE: Aria and Onyx Buying Hartford Property for $11M
FAIRMONT GENERAL: Former CEO's Claim Reduced by $65,693
FANSTEEL INC: Has Stipulation to Continue Cash Collateral Use
FIRST ONE HUNDRED: April 19 Hearing on Aaronson Plan Disclosures

FORBES ENERGY: Bankruptcy Court Confirms Reorganization Plan
FORESIGHT ENERGY: Chris Cline Says Group Terminated
FORESIGHT ENERGY: Closes Refinancing Transactions
FRESH & EASY: Beverages Buying Liquor License No. 539763 for $35K
FULLCIRCLE REGISTRY: Will File Form 10-K Within Extension Period

GENERAL WIRELESS: Seeks to Hire Jones Day as Co-Counsel
GORDMANS STORES: Hires Ordinary Course Professionals
GREEN VALLEY: Case Summary & 20 Largest Unsecured Creditors
GUIDED THERAPEUTICS: Will Limit Shandong's Stock Ownership to 4.9%
H-D ACQUISITION: Unsecureds to be Paid in Full in Five Years

HAIMIL REALTY: Unsecureds to be Paid in Full at 3% Under New Plan
HAMMER FIBER OPTICS: Recurring Losses Raise Going Concern Doubt
HEALTHIER CHOICES: Reports $10.7 Million Net Income for 2016
HIDALGO INDUSTRIAL: Hires Forshey & Prostok as Attorneys
HOUSTON PLATE: Must File Plan & Disclosure Statement by Aug. 1

HYDROSCIENCE TECHNOLOGIES: Voluntary Chapter 11 Case Summary
IMMUCOR INC: S&P Affirms 'CCC+' CCR & Revises Outlook to Negative
INFINITI HOMES: Case Summary & 20 Largest Unsecured Creditors
INTERPACE DIAGNOSTICS: Amends Form 8-K; Files Purchase Warrant
INTERPACE DIAGNOSTICS: Posts $3.1 Million Net Revenue for Q4

INTREPID POTASH: Clearway Capital Holds 6.9% Stake as of March 16
ISLAND SOUTH: Case Summary & 2 Unsecured Creditors
IT'S JUST LUNCH: Court Rejects Date-Voucher Settlement
JVJ PHARMACY: Insider Won't Receive Distribution for $3.1MM Claim
KADMON HOLDINGS: BDO USA LLP Raises Going Concern Doubt

KALLSTRAND LLC: Seeks Authorization On Cash Collateral Use
KB REALTY: Hires Dana M. Douglas as Counsel
KCST USA: Hires Murphy & King as Bankruptcy Counsel
KEMET CORP: Moody's Ups CFR to B3 on Anticipated Notes Refinancing
LEARNING GATE: S&P Lowers 2007A/B Revenue Bonds Rating to 'B+'

LEVEL ACRES: Wants to Use Cash Collateral to Maintain Operations
LIVING COLOUR: Unsecureds to Get $5,000 Pro Rata Under Plan
MAD CATZ: Makes Voluntary Assignment in Bankruptcy Under BIA
MANN REALTY: Case Summary & 8 Unsecured Creditors
MCCLATCHY CO: VP Christian Hendricks to Retire

MEEMEE MEDIA: Recurring Losses Losses Raise Going Concern Doubt
MERRIMACK PHARMACEUTICALS: Stockholders OK Sale Pact with Ipsen
MICRO CONTRACT: Seeks Temporary Authority on Cash Collateral Use
MILLENNIUM SUPER STOP: Hires Sader Law Firm as Attorneys
MILLER MARINE: Case Summary & 7 Unsecured Creditors

MOUNTAIN DIVIDE: Wants to Extend Use of Cash Collateral Until May 6
N-STYLE PERSPECTIVE: Case Summary & 20 Largest Unsecured Creditors
NATIONSTAR MORTGAGE: Moody's Affirms B2 Sr. Unsecured Debt Rating
NAVIDEA BIOPHARMACEUTICALS: SEC Grants Confidential Treatment
NICKLAS LLC: Hires Bennett Williams as Broker

NIGHT HORSE: Case Summary & 18 Largest Unsecured Creditors
NOTIS GLOBAL: Acquires 51% of Stock of PCH Investment Group
OCEAN RIG: Ernst & Young (Hellas) Raises Going Concern Doubt
OCEAN RIG: Nasdaq to Intends to Delist Stock After Ch. 15 Filing
OCELOTL DINER: Hires Morrison Tenenbaum as Counsel

ONCOBIOLOGICS INC: Files an Acceleration Request on Form S-1
OPTIMUMBANK HOLDINGS: Hacker Johnson Raises Going Concern Doubt
P3 FOODS: Has Until July 15 to File Plan & Disclosure Statement
PACE DIVERSIFIED: Hires Belden Blaine Raytis as Attorney
PANAMA CITY INVESTMENTS: Plan Confirmation Hearing Set for May 25

PARETEUM CORP: Reports Fourth Quarter Revenue of $3.1 Million
PARK-OHIO INDUSTRIES: S&P Rates Proposed $350MM Unsec. Notes 'B'
PASSAGE MIDLAND: Hires Jackson Kelly as Counsel
PAYLESS HOLDINGS: Files for Chapter 11 Bankruptcy
PEN INC: Reports $556,000 Net Loss for 2016

PICO HOLDINGS: UCP Surrenders to Corporate Governance Improvements
PIONEER ENERGY: Attends Scotia Howard Weil 45th Annual Conference
PIONEER ROOFING: Projects $950K to $1MM in Sales Proceeds
PNCH ASSOCIATES: Plan Outline Okayed, Plan Hearing on April 27
POSITRON CORP: Unsecureds to Recoup 5% Over 36 Months Under Plan

PREMIUM TRANSPORTATION: Hires Brouse McDowell as Counsel
PURADYN FILTER: Incurs $1.44 Million Net Loss in 2016
RADIOSHACK CORP: May Close Fort Worth HQ as Part of Ch. 11 Filing
REAL ESTATE SHORT: Hires Burton as Bankruptcy Counsel
RENNOVA HEALTH: Closes $10.9 Million Convertible Debenture Offering

RENNOVA HEALTH: Files Notice of Exempt Offering of Securities
RESIDENTIAL CAPITAL: Trust Appoints David Pauker to Board
RFI MANAGEMENT: Seeks to Hire Parry Tyndall as Legal Counsel
ROBAROSA CORPORATION: Involuntary Chapter 11 Case Summary
ROBINSON OUTDOOR: Seeks Authorization on Cash Collateral Use

ROCKHURST UNIVERSITY: S&P Lowers Rating on Revenue Bonds to 'BB+'
ROKA BIOSCIENCE: PWC LLP Raises Going Concern Doubt
ROSETTA GENOMICS: Says Liquidity Sufficient Until 3rd Quarter
RXI PHARMACEUTICALS: Discusses Therapeutic Potential of sd-rxRNA
SABBATICAL INC: Bid to Appoint Chapter 11 Trustee Granted

SAGINAW PREPARATORY: S&P Lowers 2012 School Bonds Rating to 'BB+'
SAM BASS: Iron Horse to Auction Artwork, Guitars on May 3
SEANIEMAC INTERNATIONAL: Shane O'Driscoll Resigns as Director
SEQUA CORP: Fitch Assigns 'B-' LT Issuer Default Rating
SEQUA CORP: Moody's Rates New Sr. Sec. First Lien Debt B3

SIDEWINDER DRILLING: Moody's Withdraws Ca CFR on Debt Elimination
SILVER CREEK INVESTMENTS: Has Final Nod to Use Cash Collateral
SILVER LINE: Disclosures Approved; May 18 Plan Confirmation Hearing
SIXTY SIXTY CONDOMINIUM: May 2 Disclosure Statement Hearing
SLM CORP: S&P Assigns 'BB+' Rating on $200MM Unsecured Notes

SORRENTO THERAPEUTICS: Liquidity Concerns Casts Going Concern Doubt
SOTO REEFER: Plan Confirmation Hearing on April 26
SOUNDVIEW ELITE: Amended Plan Increases Settlement Amounts
SQUARETWO FINANCIAL: Hires Ernst & Young as Tax Advisor
STICHTER & STICHTER: Names David Rosenthal as Attorney

SWING HOUSE: Seeks to Hire Friedman Kannenberg as Accountant
THRU INC: Has Interim Authorization to Use Cash Collateral
TILLMAN PARK: Has Final Approval to Use LSCG Fund Cash Collateral
TRAVELERS OF AMERICA: Hires Van Horn as Attorney
TX C C INC: PACA Creditors Seek to Prohibit Cash Collateral Use

ULTIMATE AVT: Plan, Disclosures Hearing Set for May 1
UNITY COURIER: Case Summary & 20 Largest Unsecured Creditors
UNIVERSITY PLAZA: Has Final Authorization to Use Cash Collateral
US TELEPACIFIC: Moody's Affirms B3 CFR Amid Planned New Bank Loans
VAIR RESOURCES: Wants Filing of Disclosure Statement Waived

VANGUARD HEALTHCARE: Suit by Dept. of Justice, Tennessee Continues
VBI VACCINES: EisnerAmper LLP Raises Going Concern Doubt
VERENGO INC: Unsecured Creditors to Recoup Up to 2.0% Under Plan
VIDEOTRON LTEE: S&P Assigns BB Rating on New $600MM Unsec. Notes
W.E. YODER: Disclosures Approved; May 4 Plan Confirmation Hearing

WALLACE RUSH: Names Phillip Wallace as Counsel
WALLACE RUSH: Wants to Use Cash Collateral
WEATHERFORD INTERNATIONAL: Will Present at Investor Conference
WEST SEATTLE LODGE: May Use Cash Collateral Until May 31
WESTINGHOUSE ELECTRIC: Will Decide Fate of 4 U.S. Nuclear Reactors

WILLIAM IPPOLITO: Staten Island Property Auction on May 22
WILLIAMSON & WILLIAMSON: Wants to Use Sanders/Pinnacle Cash Coll.
WILLIAMSON & WILLIAMSON: Wants to Use State Bank Cash Collateral
WK CAPITAL: Golden Child Buying Assets for $2 Million
YODER REAL ESTATE: Disclosures Approved; May 4 Plan Hearing

YORK RISK: Moody's Retains Caa1 CFR Amid Incremental $50MM Loan
ZUCKER GOLDBERG: US Trustee, et al., Try to Block Disclosures OK
ZWO ENTERPRISES: Taps Henri Martin as Real Estate Agent
[*] Alabama Joins Dozen States in Asbestos Bankruptcy Trust Probes
[*] Bankruptcy Filings Drop 6% to 805,580 in 2016

[*] Bill to Create Section of Bankruptcy Code for Banks Advances
[*] Kevin Cowan & Shutts & Bowen LLP Fight Price-Fix Lawsuit

                            *********

14885 INWOOD: Voluntary Chapter 11 Case Summary
-----------------------------------------------
Debtor: 14885 Inwood Road, LLC
        14885 Inwood Road
        Addison, TX 75001

Case No.: 17-31260

About the Debtor: The Debtor's principal asset is located at 14833

                  Inwood Road and 14885 Inwood Road Addison, TX
                  75001

Chapter 11 Petition Date: April 3, 2017

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

Judge: Hon. Stacey G. Jernigan

Debtor's Counsel: Melissa S. Hayward, Esq.
                  FRANKLIN HAYWARD LLP
                  10501 N. Central Expry, Ste. 106
                  Dallas, TX 75231
                  Tel: 972-755-7104
                  Fax: 972-755-7114
                  E-mail: MHayward@franklinhayward.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Sherry LaMaison, president.

The Debtor failed to include a list of its 20 largest unsecured
creditors at the time of the filing.

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

          http://bankrupt.com/misc/txnb17-31260.pdf


1776 AMERICAN: Has Until May 29 to File Plan & Disclosures
----------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Texas has
given American Properties IV LLC and 1776 American Properties V LLC
until May 29, 2017, to file a Chapter 11 plan and disclosure
statement.

              About 1776 American Properties IV, LLC

1776 American Properties IV LLC and its 12 affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S. D.
Texas Lead Case No. 17-30422) on Jan. 27, 2017.  The petition was
signed by Jeff Fisher, director of manager.  The case is assigned
to Judge Karen K. Brown.  Josh T. Judd, Esq., at Andrews Myers PC
serves as the Debtor's bankruptcy counsel.

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


1776 AMERICAN: Hires Remax Executive as Real Estate Agent & Broker
------------------------------------------------------------------
1776 American Properties IV LLC and its debtor-affiliates seek
permission from the U.S. Bankruptcy Court for the Southern District
of Texas to employ David Hashem and David Montz d/b/a REMAX
Executives as real estate agent and broker.

The Debtors own 116 rental single family homes / apartment units, 5
single family homes, and 76 vacant lots. In addition, Debtors 1776
IV, 1776 V, 1776 VII and 1776 VIII hold promissory notes and profit
sharing arrangements with various builders on approximately 58
lots.

The Debtors have determined that the sale of many of their
properties property is in the best interest of the estates.

The Debtors require Mr. Hashem (the "Agent") and REMAX Executives
(the "Sponsoring Broker"):

     a. prepare marketing materials and/or offering packages to be
used in soliciting prospective purchasers for the Properties;

     b. locate, qualify and furnish prospective purchasers;

     c. analyze offers and proposals from potential purchasers and
offering recommendations to the Debtor in connection with any
proposed transaction involving the Properties;

     d. assist with negotiations regarding any potential
transaction involving the Property;

     e. assist with the consummation of any transactions involving
the Properties.

REMAX Executives will be compensated at a 6% commission rate of the
gross sales price of the Properties. As an additional service, in
the event of a sale of the Properties covered under the listing
agreement, any outside broker in representation of the purchaser of
the Properties, will be compensated in an amount of 50% of the
commission for the sale of the property.

David Hashem, owner of DIH LLC and REMAX Executive, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

REMAX may be reached at:

      David Hashem
      REMAX Executives
      4660 Beechnut, #224
      Houston, TX 77096
      Tel: 713.922.9252
      Email: davidhashem@yahoo.com

             About 1776 American Properties IV, LLC

1776 American Properties IV LLC and its 12 affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.
Tex. Lead Case No. 17-30422) on January 27, 2017. The petition was
signed by Jeff Fisher, director of manager.

The case is assigned to Judge Karen K. Brown.

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


A-1 EXPRESS: Committee Taps Kilpatrick Townsend as Legal Counsel
----------------------------------------------------------------
The official committee of unsecured creditors of A-1 Express
Delivery Service, Inc. seeks approval from the U.S. Bankruptcy
Court for the Northern District of Georgia to hire legal counsel.

The committee proposes to hire Kilpatrick Townsend & Stockton LLP
to, among other things, give legal advice regarding its duties
under the Bankruptcy Code, assist in the negotiation of any
financing agreement, review claims, and assist in the preparation
of any plan of reorganization.

The hourly rates charged by the firm are:

     Partners       $630
     Associates     $345
     Paralegals     $250

Colin Bernardino, Esq., and Lindsey Simon, Esq., the attorneys
designated to represent the committee, will charge $630 per hour
and $345 per hour, respectively.  The rates represent a 10%
discount from the proposed attorneys' standard hourly rates.

Mr. Bernardino disclosed in a court filing that he and other
Kilpatrick partners are "disinterested" as defined in section
101(14) of the Bankruptcy Code.

The firm can be reached through:

     Colin Bernardino, Esq.
     Lindsey Simon, Esq.
     Kilpatrick Townsend & Stockton LLP
     1100 Peachtree Street NE, Suite 2800
     Atlanta, GA 30309-4528
     Tel: +1 404.815.6500
     Fax: +1 404.815.6555

               About A-1 Express Delivery Service

A-1 Express Delivery Service, Inc., based in Atlanta, Georgia,
provides same-day transportation and distribution services across
the country.  From its headquarters in midtown Atlanta, the Debtor
manages the transportation, distribution and logistics for well
over 1500 active clients, including many Fortune 500 companies with
operations throughout the United States.  

The Debtor provides next day services for Amazon in 5 cities,
employing over 300 drivers.  Additionally, the Debtor operates 2
same-day florist locations in Atlanta and Los Angeles.

The Debtor filed a Chapter 11 petition (Bankr. N.D. Ga. Case No.
17-52865) on Feb. 14, 2017.  The petition was signed by Lon D.
Fancher, COO, owner.  In its petition, the Debtor estimated
$1 million to $10 million in both assets and liabilities.  

J. Robert Williamson, Esq., at Scroggins & Williamson, P.C., serves
as the Debtor's counsel.

On March 13, 2017, the U.S. Trustee for Region 21 appointed an
official committee of unsecured creditors.


AARON ROBERT PARTHEMER: Reaches Settlement With SEC
---------------------------------------------------
Carmen Germaine, writing for Bankruptcy Law360, reports that Aaron
R. Parthemer has reached a settlement with the U.S. Securities and
Exchange Commission by agreeing to an indefinite bar from acting as
an investment adviser or participating in penny stock offerings,
without admitting or denying the SEC's claims he participated in
selling more than $5 million in unregistered, illiquid securities
to pro football players without conducting due diligence or
disclosing his conflicts.

Aaron Robert Parthemer filed for Chapter 11 bankruptcy protection
(Bankr. S.D. Fla. Case No. 15-29830) on Nov. 10, 2015.


ACTIVECARE INC: Amends Current Report on Jeff Greene Loan Pact
--------------------------------------------------------------
ActiveCare, Inc., filed with the Securities and Exchange Commission
an amended current report on Form 8-K/A in order to correct certain
payment terms related to a loan agreement with Jeff Greene.

On March 21, 2017, ActiveCare reported that it had entered into the
Loan Agreement with Mr. Greene pursuant to which Mr. Greene loaned
the Company $300,000.  The Loan is unsecured.  The Loan (i) bears
interest at the rate of 12.75% per annum, (ii) matures on June 15,
2017, (iii) requires payment of a $3,000 closing fee, (iv) is
subordinated to the Partners for Growth term loan and line of
credit, and (v) requires payment of a fee of $50,000 for each 30
days that the loan is outstanding.

                      About ActiveCare

South West Valley City, Utah-based ActiveCare, Inc., develops and
markets products for monitoring the health of and providing
assistance to mobile and homebound seniors and the chronically
ill.

ActiveCare is organized into three businesses.  The Stains and
Reagents segment is engaged in the business of manufacturing and
marketing medical diagnostic stains, solutions and related
equipment to hospitals and medical testing labs.  The CareServices
segment is engaged in the business of developing, distributing and
marketing mobile health monitoring and concierge services to
distributors and customers.  The Chronic Illness Monitoring segment
is primarily engaged in the monitoring of diabetic patients on a
real time basis.

ActiveCare reported a net loss of $12.8 million on $6.59 million of
chronic illness monitoring revenues for the year ended
Sept. 30, 2015, compared with a net loss of $16.4 million on $6.10
million of chronic illness monitoring revenues for the year ended
Sept. 30, 2014.

As of June 30, 2016, ActiveCare had $1.91 million in total assets,
$21.01 million in total liabilities and a total stockholders'
deficit of $19.10 million.

Tanner LLC, in Salt Lake City, Utah, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Sept. 30, 2015, citing that the Company has recurring losses,
negative cash flows from operating activities, negative working
capital, negative total equity, and certain debt that is in
default.  These conditions, among others, raise substantial doubt
about its ability to continue as a going concern.


ADAMIS PHARMACEUTICALS: Incurs $20.8 Million Net Loss in 2016
-------------------------------------------------------------
Adamis Pharmaceuticals Corporation filed with the Securities and
Exchange Commission its annual report on Form 10-K disclosing a net
loss applicable to common stock of $20.81 million on $6.47 million
of net revenue for the year ended Dec. 31, 2016, compared to a net
loss applicable to common stock of $13.57 million on $0 of net
revenue for the year ended Dec. 31, 2015.

As of Dec. 31, 2016, Adamis had $37.78 million in total assets,
$12.50 million in total liabilities and $25.27 million in total
stockholders' equity.

Mayer Hoffman McCann P.C., in San Diego, California, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2016, citing that the
Company has incurred recurring losses from operations, and is
dependent on additional financing to fund operations.  These
conditions 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/LSuKMf

                          About Adamis

San Diego, Calif.-based Adamis Pharmaceuticals Corporation (OTC QB:
ADMP) is a biopharmaceutical company engaged in the development and
commercialization of specialty pharmaceutical and biotechnology
products in the therapeutic areas of respiratory
disease, allergy, oncology and immunology.


AEROPOSTALE INC: Exclusive Plan Filing Deadline Extended to May 1
-----------------------------------------------------------------
The Hon. Sean H. Lane of the U.S. Bankruptcy Court for the Southern
District of New York has extended, at the behest of Aeropostale,
Inc., et al., the deadlines to exclusively file a plan of
reorganization through and including May 1, 2017, and to
exclusively solicit acceptances for the plan through and including
June 30, 2017.

As reported by the Troubled Company Reporter on March 7, 2017, Alex
Wolf, writing for Bankruptcy Law360, reported that the Debtor
indicated that it sought the extensions to work out all of the
details of its Chapter 11 exit strategy.

                      About Aeropostale, Inc.

Aeropostale, Inc. (OTC Pink: AROPQ) is a specialty retailer of
casual apparel and accessories, principally serving young women and
men through its Aeropostale(R) and Aeropostale Factory(TM) stores
and website and 4 to 12 year-olds through its P.S. From Aeropostale
stores and website.  The Company provides customers with a focused
selection of high quality fashion and fashion basic merchandise at
compelling values in an exciting and customer friendly store
environment.  Aeropostale maintains control over its proprietary
brands by designing, sourcing, marketing and selling all of its own
merchandise.  As of May 1, 2016, the Company operated 739
Aeropostale(R) stores in 50 states and Puerto Rico, 41 Aeropostale
stores in Canada and 25 P.S. from Aeropostale(R) stores in 12
states.  In addition, pursuant to various licensing agreements, the
Company's licensees currently operate 322 Aeropostale(R) and P.S.
from Aeropostale(R) locations in the Middle East, Asia, Europe, and
Latin America.  Since November 2012, Aeropostale, Inc., has
operated GoJane.com, an online women's fashion footwear and apparel
retailer.

Aeropostale, Inc., and 10 of its affiliates each filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y.
Lead Case No. 16-11275) on May 4, 2016.  The petitions were signed
by Marc G. Schubac, senior vice president, general counsel and
secretary.

The Debtors disclosed assets of $354.38 million and total debt
of $390.02 million as of Jan. 30, 2016.

The Debtors hired Weil, Gotshal & Manges LLP as counsel; FTI
Consulting, Inc., as restructuring advisor; Stifel, Nicolaus &
Company, Inc., and Miller Buckfire & Company LLC as investment
bankers; RCS Real Estate Advisors as real estate advisors; Prime
Clerk LLC as claims and noticing agent; Stikeman Elliot LLP as
Canadian counsel; and Togut, Segal & Segal LLP as conflicts
counsel.

Judge Sean H. Lane is assigned to the cases.

The U.S. trustee for Region 2 on May 11, 2016, appointed seven
creditors of Aeropostale Inc. to serve on the official committee of
unsecured creditors.  The Committee retained Pachulski Stang Ziehl
& Jones LLP as counsel.


ALAMOS GOLD: Moody's Withdraws B2 CFR After Debt Repayment
----------------------------------------------------------
Moody's Investors Service has withdrawn all ratings of Alamos Gold
Inc., including its B2 Corporate Family Rating, B2-PD Probability
of Default Rating, B3 senior secured notes rating and SGL-1
speculative grade liquidity rating.

RATINGS RATIONALE

Moody's has withdrawn all of Alamos Gold's ratings following the
repayment of the company's rated senior secured notes.

Outlook Actions:

Issuer: Alamos Gold Inc.

-- Outlook, Changed To Rating Withdrawn From Stable

Withdrawals:

Issuer: Alamos Gold Inc.

-- Probability of Default Rating, Withdrawn, previously rated B2-
    PD

-- Speculative Grade Liquidity Rating, Withdrawn, previously
    rated SGL-1

-- Corporate Family Rating, Withdrawn, previously rated B2

-- Senior Secured Regular Bond/Debenture, Withdrawn, previously
    rated B3 (LGD4)


ALLIANCE RESOURCE: Moody's Assigns Ba3 Corporate Family Rating
--------------------------------------------------------------
Moody's Investors Service assigned first-time ratings to Alliance
Resource Operating Partners, L.P., including a corporate family
rating (CFR) of Ba3, a rating on proposed senior unsecured notes of
B1, and a Speculative Grade Liquidity rating of SGL-2. The outlook
is stable.

The following rating actions were taken:

Assignments:

Issuer: Alliance Resource Operating Partners, L.P.

-- Probability of Default Rating, Assigned Ba3-PD

-- Speculative Grade Liquidity Rating, Assigned SGL-2

-- Corporate Family Rating, Assigned Ba3

-- Senior Unsecured Regular Bond/Debenture, Assigned B1 (LGD 4)

Outlook Actions:

Issuer: Alliance Resource Operating Partners, L.P.

-- Outlook, Assigned Stable

RATINGS RATIONALE

The ratings reflect the company's position as one of the key US
thermal coal producers operating eight underground mining complexes
in Illinois Basin and Appalachia, as well as a coal loading
terminal on the Ohio River at Mt. Vernon, Indiana. The company
produces almost 40 million tons of coal per year, with roughly 28
million tons of it from the Illinois Basin. The company enjoys a
competitive cost structure and an advantageous contracted position
over the next two years. Moody's expects the company to maintain
Debt/ EBITDA, as adjusted, of below 2x over the ratings horizon.

The ratings are further supported by Moody's views that the
Illinois Basin remains the better positioned coal region in the US
due to its low cost structure. The ratings incorporate Moody's
stable outlook on US coal industry. Although the industry continues
to face challenges, coal producers have received much needed relief
with natural gas prices hovering below $3.00/ million British
thermal units (MMBtu). Although the new US administration appears
more supportive of the industry, Moody's believes domestic coal
consumption will remain under pressure over the long term. Natural
gas and renewables will capture an increasing share of the nation's
fuel mix, smaller and less efficient coal plants will continue to
be retired and coal's share of the nation's overall energy
consumption will likely drop to the mid-20% range within a decade,
from about 30% now.

Domestically, Moody's views the Illinois Basin (ILB) as the better
positioned coal region in the US. The higher sulfur content of ILB
coal requires it to be burned in power plants with scrubbers or
blended with other coals with lower sulfur content. Moody's expects
ILB coal to continue displacing Central Appalachian coal, which is
in secular decline due to the high cost of production. Meanwhile,
high transportation cost will limit the reach of the Powder River
Basin coal into ILB's markets. That said, the company will not be
immune from the challenges typically facing US coal producers,
including rising costs of mining, ongoing technological
developments in shale and competition from low-cost natural gas,
regulatory pressures aimed at disadvantaging the use of coal, and
enhanced scrutiny over safety in underground mining. In particular,
Moody's views the company's Appalachian mines as susceptible to the
downward pressure in demand.

The Speculative Grade Liquidity rating of SGL-2 reflects Moody's
expectations of good liquidity, which includes cash balance of $40
million at December 31, 2016 and expected full availability under
the proposed $460 million revolver due May 2021. While Moody's
expects the company's operating cash flows to be more than
sufficient to cover capital requirements, the company's structure
as a Master Limited Partnership (MLP) means that most of the
company's available cash flows will be distributed to unit
holders.

The B1 rating on senior unsecured notes, one notch below the CFR,
reflects their position behind the secured revolver with respect to
claim on collateral.

The stable outlook reflects the company's solid contracted position
and stable outlook on the industry.

While unlikley, the ratings could be upgraded if the rate of
secular decline in the US thermal coal industry were to slow or
reverse, or in the event of material growth in scale and diversity,
while comparable metrics are maintained.

A downgrade could be considered if Debt/ EBITDA, as adjusted, were
expected to increase above 3x, or if liquidity were to
deteriorate.

Alliance Resource Operating Partners LP is a subsidiary of Alliance
Resource Partners LP, which is a publically traded master limited
partnership. At December 31, 2016, the company had approximately
1.76 billion tons of coal reserves in Illinois, Indiana, Kentucky,
Maryland, Pennsylvania and West Virginia. In 2016, the company sold
36.7 million tons of coal and generated $1.9 billion in revenues.

The principal methodology used in these ratings was Global Mining
Industry published in August 2014.


ALPHA SODA: Hires George M. Geeslin as Counsel
----------------------------------------------
Alpha Soda Company, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Northern District of Georgia to employ
George M. Geeslin as counsel.

The Debtor requires Geeslin to:

      a. advise Debtor with respect to its rights, powers, duties,
and obligations as Debtor- in-Possession in the administration of
this case, the operation of its business, and the management of its
property;

      b. prepare pleadings, applications, and conduct examinations
incidental to administration;

      c. advise and represent Applicant in connection with all
applications, motions, or complaints for reclamation, adequate
protection, sequestration, relief from stays, appointment of
trustee or examiner, and all other similar matters;

      d. develop the relationship of the status of
Debtor-in-Possession to the claims of the creditors in these
proceedings;

      e. advise and assist the Debtor-in-Possession in the
formulation and presentation of a Plan of Reorganization pursuant
to Chapter 11 of the Bankruptcy Code and concerning any and all
matter relating thereto; and

      f. perform any and all other legal services incident and
necessary herein.

The Debtor will compensate Mr. Geeslin at his standard hourly rate
for comparable work, ($350.00), plus reasonable expenses.

Mr. Geeslin received retainer in the amount of $10,000.

George M. Geeslin, Esq., assured the Court that the firm does not
represent any interest adverse to the Debtor and its estates.

Geeslin may be reached at:

      George M. Geeslin, Esq.
      Two Midtown Plaza, Suite 1350
      1349 West Peachtree Street
      Atlanta, GA 30309
      Phone: (404) 841-3464
      Fax: (866) 253-2313
      E-mail: george@gmgeeslinlaw.com

                   About Alpha Soda Company, Inc.

Alpha Soda Company, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. N.D.GA. Case No. 17-55343) on March 23, 2017. George M.
Geeslin, Esq., represents the Debtor as counsel.

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


ALPHATEC HOLDINGS: Broadfin Capital Holds 9.99% Equity Stake
------------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, Broadfin Capital, LLC, Broadfin Healthcare Master Fund,
Ltd. and Kevin Kotler disclosed that as of March 28, 2017, they
beneficially own 1,164,618 shares of common stock of Alphatec
Holdings, Inc. representing 9.99 percent of the shares outstanding.
A full-text copy of the regulatory filing is available for free at
https://is.gd/VtbZll

                   About Alphatec Holdings

Alphatec Holdings, Inc., the parent company of Alphatec Spine, Inc.
-- http://www.alphatecspine.com/-- is a medical technology company
focused on the design, development and promotion of products for
the surgical treatment of spine disorders.  The Company has a
comprehensive product portfolio and pipeline that addresses the
cervical, thoracolumbar and intervertebral regions of the spine and
covers a variety of spinal disorders and surgical procedures.  Its
principal product offerings are focused on the global market for
fusion-based spinal disorder solutions.  The Company believes that
its products and systems are attractive to surgeons and patients
due to enhanced product features and benefits that are designed to
simplify surgical procedures and improve patient outcomes.

Ernst & Young LLP, in San Diego, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has recurring
operating losses and has a working capital deficiency. In addition,
the Company has not complied with certain covenants of loan
agreements with its lenders and has significant debt obligations
due in December 2016.  These conditions raise substantial doubt
about the Company's ability to continue as a going concern.

The Company's balance sheet at Dec. 31, 2016, showed $94.18 million
in total assets, $112.48 million in total liabilities, $23.60
million in redeemable preferred stock and a stockholders' deficit
of $41.89 million.


ALPHATEC HOLDINGS: Obtains $18.9-Mil. From Private Placement
------------------------------------------------------------
Alphatec Holdings, Inc. closed on March 29, 2017, its previously
announced private placement pursuant to the terms of a securities
purchase agreement, dated as March 22, 2017, between the Company
and certain institutional and accredited investors.  At the
Closing, the Company issued 1,809,628 shares of its common stock at
a purchase price of $2.00 per share, approximately 15,245 shares of
newly designated Series A Convertible Preferred Stock at a purchase
price of $1,000 per share (which Preferred Shares are convertible
into approximately 7,622,372 shares of Common Stock, subject to
limitations on conversion until the approval by the Company's
stockholders as required in accordance with the NASDAQ Global
Select Market rules), and warrants to purchase up to 9,432,000
shares of its Common Stock at an exercise price of $2.00 per share.
The Warrants will become exercisable following Stockholder
Approval, are subject to certain ownership limitations, and expire
five years after the date of such Stockholder Approval.

The aggregate gross proceeds for the Private Placement were
approximately $18.9 million.  The Company intends to use the net
proceeds from the Private Placement for general corporate and
working capital purposes.  As previously disclosed, certain
directors and executive officers of the Company purchased, at the
Closing, an aggregate of $2.35 million of shares of Series A
Convertible Preferred Stock, which shares are convertible into
approximately 1,175,000 shares of Common Stock, and Warrants to
purchase up to 1,175,000 shares of Common Stock.

In connection with the Closing, the Company entered into the
previously disclosed registration rights agreement  with the
Purchasers.  Prior to and as a condition for the Closing, certain
stockholders of the Company entered into the previously disclosed
support agreements with the Company, pursuant to which such
stockholders agreed to vote all shares of Common Stock owned by
them in favor of the Private Placement.

The Private Placement was exempt from the registration requirements
of the Securities Act of 1933, as amended pursuant to the exemption
for transactions by an issuer not involving any public offering
under Section 4(a)(2)of the Securities Act and Rule 506 of
Regulation D of the Securities Act and in reliance on similar
exemptions under applicable state laws.  Each of the Purchasers
represented that it is an accredited investor within the meaning of
Rule 501(a) of Regulation D, and was acquiring the securities for
investment only and not with a view towards, or for resale in
connection with, the public sale or distribution thereof.  The
securities were offered without any general solicitation by the
Company or its representatives.

The securities sold and issued in the Private Placement will not be
registered under the Securities Act or any state securities laws
and may not be offered or sold in the United States absent
registration with the SEC or an applicable exemption from the
registration requirements.

Additionally, pursuant to the previously disclosed engagement
letter with H.C. Wainwright & Co., LLC and in connection with the
Closing, the Company granted to Wainwright and/or certain of its
designees warrants to purchase up to 471,600 shares of Common
Stock.  The Wainwright Warrants have substantially the same terms
as the Warrants, except that the Wainwright Warrants have an
exercise price equal to $2.50, which represents 125% of the
purchase price of the Common Stock in the Private Placement.

The Wainwright Warrants and the shares issuable upon exercise of
the Wainwright Warrants were issued in reliance on the exemption
from registration provided by Section 4(a)(2) of the Securities Act
as transactions not involving a public offering and in reliance on
similar exemptions under applicable state laws.

On March 29, 2017, the Company amended its restated certificate of
incorporation by filing with the Secretary of State of the State of
Delaware the previously disclosed Certificate of Designation of
Preferences, Rights and Limitations of Series A Convertible
Preferred Stock of the Company.

                  About Alphatec Holdings

Alphatec Holdings, Inc., the parent company of Alphatec Spine, Inc.
-- www.alphatecspine.com. -- is a medical technology company
focused on the design, development and promotion of products for
the surgical treatment of spine disorders.  The Company has a
comprehensive product portfolio and pipeline that addresses the
cervical, thoracolumbar and intervertebral regions of the spine and
covers a variety of spinal disorders and surgical procedures.  Its
principal product offerings are focused on the global market for
fusion-based spinal disorder solutions.  The Company believes that
its products and systems are attractive to surgeons and patients
due to enhanced product features and benefits that are designed to
simplify surgical procedures and improve patient outcomes.

Ernst & Young LLP, in San Diego, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has recurring
operating losses and has a working capital deficiency. In addition,
the Company has not complied with certain covenants of loan
agreements with its lenders and has significant debt obligations
due in December 2016.  These conditions raise substantial doubt
about the Company's ability to continue as a going concern.

The Company's balance sheet at Dec. 31, 2016, showed $94.18 million
in total assets, $112.48 million in total liabilities, $23.60
million in redeemable preferred stock and a stockholders' deficit
of $41.89 million.


ALTA MESA: Reports $167.9 Million Net Loss for 2016
---------------------------------------------------
Alta Mesa Holdings, LP, filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing a net loss of
$167.9 million on $173.8 million of total operating revenues and
other for the year ended Dec. 31, 2016, compared with a net loss of
$131.79 million on $433.88 million of total operating revenues and
other for the year ended Dec. 31, 2015.

Net Loss for the fourth quarter of 2016 was ($47.0) million,
compared to a net loss of ($76.2) million for the fourth quarter of
2015.

As of Dec. 31, 2016, Alta Mesa had $813.85 million in total assets,
$781.74 million in total liabilities and $32.10 million in total
partners' capital.

Financial and operational highlights of note for 2016 include the
following:

  * SEC proved reserves increased from 78.5 MMBOE at year-end 2015
    to 138.8 MMBOE at year-end 2016; year-end proved reserves
    based on 12/31/2016 NYMEX strip were 153.8 MMBOE

  * Total Company Lease Operating Expense per BOE reduced by 21%
    in 2016, compared to 2015

  * Deleveraged balance sheet by retiring $125 million term loan
    and paid down a portion of our revolving credit facility with
    contribution of $300 million from High Mesa Inc.

  * Retired $450 million 9.625% senior notes due 2018 by issuing
    $500 million 7.875% senior notes due 2024

  * Expanded STACK leasehold to approximately 100,000 net acres

  * Alta Mesa's Class B limited partner, High Mesa Inc.,
    contributed additional working interests in 24 producing STACK

    wells, adding 4.3 MBOE per day, effective Oct. 1, 2016

  * Total Company production for the fourth quarter and full year
    2016, including the pro forma effect of the interest in the 24

    contributed producing wells, averaged 25.3 MBOE per day and
    21.9 MBOE per day, respectively

  * STACK production, including the pro forma effect of the
    interest in the 24 contributed producing wells, averaged 19.4
    MBOE per day for the fourth quarter of 2016

  * Total Company Net Loss for the full year 2016 totaled $167.9
    million

  * Total Company Adjusted EBITDAX for the full year 2016 totaled  
  
    $172.9 million

The Company's capital expenditure budget for 2017 is estimated to
be $290 million, up 28% compared to capital expenditures of $226
million in 2016.  Approximately 95% of 2017 capital expenditures
will be allocated to develop the Company's primary core asset in
the STACK play in Kingfisher County Oklahoma.  The balance of the
capital expenditure budget is for Weeks Island and all other
areas.

Operational Highlights

STACK Play, Oklahoma

In Alta Mesa's Oklahoma STACK play, the Company has assembled a
highly contiguous leasehold position which has grown from
approximately 45,000 net acres in early 2015 to approximately
100,000 net acres at the end of 2016.  This position is
characterized by multiple productive zones located at total
vertical depths between 4,000 feet and 8,000 feet.  The Company is
currently operating six horizontal drilling rigs with plans to
utilize up to eight drilling rigs by the end of 2017, targeting the
Mississippian-age Osage, Meramec, and Manning formations and the
Pennsylvanian-age Oswego formation.

During 2016, Alta Mesa spent approximately $209 million in this
area for the drilling and completion of wells, in addition to other
expenditures for facilities and acquisition of leaseholds.  For
2017, the Company has allocated approximately 95% of its 2017
capital expenditure budget, including acquisitions, to the STACK.
In 2017, Alta Mesa plans to drill and complete up to 150 gross
wells in the STACK, which is inclusive of approximately 42 gross
wells expected to be funded by the Company's joint development
partner, BCE through the joint development agreement.

SEC proved reserves in the Company's STACK play grew from 67 MMBOE
at the end of 2015 to approximately 130 MMBOE at the end of 2016.
Net daily production in this area averaged 15,100 BOE per day for
the fourth quarter of 2016, up 60% from approximately 9,450 BOE per
day in the fourth quarter of 2015.  Net daily production in the
fourth quarter of 2016 from the STACK area would have been
approximately 19,400 BOE per day, pro-forma the BCE transaction, up
105%.  During 2016, Alta Mesa produced approximately 4,750 MBOE
from this area, up 48% from approximately 3,200 MBOE in 2015. Full
year 2016 production from the STACK area would have been
approximately 5,500 MBOE, pro-forma for the BCE transaction, up
70%.

Weeks Island

The Weeks Island Area, located in Iberia and St. Mary Parish,
Louisiana consists of the historically prolific Weeks Island and
Cote Blanche Island fields.  As of Dec. 31, 2016, Alta Mesa had a
96% average working interest in a total of 57 gross producing
wells.  Average daily production from the Weeks Island Area in the
fourth quarter of 2016 was approximately 2,600 BOE per day with the
full year 2016 average of approximately 3,400 BOE per day.

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

                    https://is.gd/wVQy2w

                      About Alta Mesa

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

                        *    *    *

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

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


ANDERSON SHUMAKER: Can Use the Cash Collateral of Associated Bank
-----------------------------------------------------------------
Judge Donald R Cassling of the U.S. Bankruptcy Court for the
Northern District of Illinois authorized Anderson Shumaker Company
to use the cash collateral of Associated Bank, N.A., on an interim
basis.

The Debtor is authorized to use cash collateral only in accordance
with the Budget.  The approved Budget during the week ending March
17, 2017 through week ending April 28, 2017 reflects total expenses
of approximately $1,169,248.

The authorized cash collateral will be maintained only in accounts
with Associated Bank. The Debtor was also authorized to maintain no
more than $10,000 in its account with Forest Park National Bank &
Trust Co., and transfer any funds above such amount to the Debtor's
operating account maintained with Associated Bank.

The Debtor is indebted and liable to Associated Bank in the
aggregate principal amount of at least $11,086,103, as of the
Petition Date.  As such, Associated Bank holds a valid, duly
perfected, first-priority liens upon and security interest in and
to all of the cash of the Debtor derived from the Prepetition Liens
to the extent of its prepetition liens.

Associated Bank is granted a replacement lien in the prepetition
collateral and in the post-petition property of the Debtor, of the
same nature and to the same extent and in the same priority it had
in the prepetition collateral, and to the extend such liens and
security interests extend to the property. Associated Bank was also
granted an additional continuing valid, binding, enforceable,
non-avoidable, and automatically perfected post-petition security
interest in and lien on all cash or cash equivalents of the
Debtor.

In addition, Associated Bank will be deemed to have an allowed
superpriority adequate protection claim to the extent that the
adequate protection lien will not adequately protect its interest
against the diminution in value of the prepetition collateral.

The Debtor is authorized to use the cash collateral until the
earliest to occur of:

     (a) April 28, 2017;

     (b) the conversion of any of the Debtor's bankruptcy case to a
case under Chapter 7 of the Bankruptcy Code;

     (c) the appointment of a trustee or examiner or other
representative with expanded powers for any Debtor;

     (d) the occurrence of the effective date or consummation of a
plan of reorganization;

     (e) the Debtor's non-compliance with any term or provision of
the Second Interim Order and the Debtor's failure to cure such
non-compliance; or

     (f) the filing of any adversary proceeding by the Debtor or
the Committee against either of Associated Bank and Forest Park
Bank, or an adversary proceeding challenging the validity,
enforceability or priority of the prepetition liens, prepetition
loan documents or prepetition loan debt by any party in interest.

The hearing to consider entry of a final order on the use of cash
collateral will take place on April 25, 2017 at 10:00 a.m. The
objection deadline has been set on April 21, 2017.

A full-text copy of the Second Interim Order, entered on March 28,
2017, is available at https://is.gd/QgzuaR

                   About Anderson Shumaker

Based in Chicago, Illinois, Anderson Shumaker Company provides open
die forgings and custom forgings in various shapes and finishes
using stainless steel, aluminum, carbon steel and various grades of
alloy steel.  

Anderson Shumaker filed a Chapter 11 petition (Bankr. N.D. Ill.
Case No. 17-05206) on Feb. 23, 2017.  The petition was signed by
Richard J. Tribble, chief executive officer.
At the time of filing, the Debtor had $1 million to $10 million in
estimated assets and $10 million to $50 million in estimated
liabilities.

The case is assigned to Judge Donald R Cassling.

The Debtor is represented by Scott R. Clar, Esq. and Brian P.
Welch, Esq. at Crane, Heyman, Simon, Welch & Clar.

U.S. Trustee Patrick S. Laying on March 9, 2017, appointed five
creditors of Anderson Shumaker Company to serve on the official
committee of unsecured creditors.  The committee members are: (1)
Electralloy, G.O. Carlson, Inc.; (2) Carlson Tool & Manufacturing
Corp.; (3) Progressive Steel Treating, Inc.; (4) Haynes
International, Inc.; and (5) Ellwood Group

The Committee retained Shelly A. DeRousse, Esq., Devon J. Eggert,
Esq., Elizabeth L. Janczak, Esq., and Trinitee G. Green, Esq. at
Freeborn & Peters LLP as legal counsel.


ANGELICA CORPORATION: Will Sell Laundry Business to KKR for $125M
-----------------------------------------------------------------
Angelica Corporation, provider of medical laundry and linen
management services, has entered into an agreement with an
affiliate of KKR Credit Advisors (US) LLC, under which the KKR
affiliate will acquire substantially all of its assets as a going
concern.  KKR is a lender under Angelica's prepetition term loan
credit agreement.

To facilitate the sale process, Angelica and four of its
subsidiaries filed voluntary petitions for reorganization under
Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court
for the Southern District of New York on April 3, 2017.  Angelica's
case has been assigned to Judge James L. Garrity Jr. and Case No.
17-10870.

Under the terms of the APA, 9W Halo Holdings L.P. will serve as the
"stalking horse bidder" in a court-supervised sale process that
Angelica will conduct pursuant to Section 363 of the Bankruptcy
Code, subject to higher and better offers at an auction.  The
stalking horse bid provides for an estimated aggregate purchase
price of $125 million, including cash and cash consideration and a
credit bid in the amount of $17.4 million, plus the assumption of
certain liabilities.

"After years of pursuing initiatives to tackle its challenging
operating environment, Angelica has successfully completed the
Prepetition Sale Process and obtained a Stalking Horse Bid," stated
Interim Chief Financial Officer John Makuch, a managing director
with Alvarez & Marsal North America, LLC.  "With the Stalking Horse
Bid in hand, filing for chapter 11 with a structured path towards
implementing a going concern sale of Angelica's assets will
stabilize the business, preserve thousands of jobs, and maximize
value for all stakeholders."  

"Furthermore, given the mounting pressures from various creditor
constituencies and suppliers, operating disruptions, and
ever-growing liquidity constraints, Angelica believes that it is
not only prudent but necessary to commence these chapter 11 cases
at this time as the only viable alternative to avoid a piecemeal
liquidation of its assets," added Mr. Makuch.

Angelica expects to continue operating as normal throughout this
process.  The Company intends to meet its business obligations and
pay suppliers in full under normal terms for goods and services
provided on or after the Petition Date.

Angelica has secured a fully-committed senior secured
debtor-in-possession revolving loan facility in the amount of $65
million from certain ABL Lenders to fund the post-petition sale
process.

              Regulatory Challenges & Competition

According to Mr. Makuch, Angelica faced increasing pricing
pressures from its customers and a more challenging operating
environment due to regulatory changes in the healthcare industry
that began in 2010.  As a result, he said, Angelica's revenues have
declined substantially over the last several years and, after the
loss of its largest customer in late-2015, have impacted Angelica's
ability to service its long-term debt obligations.

"Since being acquired in 2008 ... regulatory changes in the
healthcare industry, specifically the enactment of The Patient
Protection and Affordable Care Act (the "ACA") in March 2010,
resulted in increased pricing pressures from Angelica's customers
and a more challenging operating environment for Angelica and its
competitors," Mr. Makuch said in a court filing.  "Due to the
uncertainty surrounding the implementation of the ACA, one
consequence of its enactment was that healthcare providers became
ever more cost-conscious to mitigate lower expected reimbursements
from insurance companies," he continued.

Angelica disclosed that since late 2010, it has undertaken a number
of initiatives to address the changing market conditions including
an attempt to implement an operational restructuring and to cut
costs through, among other things, overhead reduction.  

"Notwithstanding management's efforts, it became increasingly clear
that Angelica would not be able to complete the operational
improvements necessary to overcome market pressures, nor catch up
with certain of its more efficient competitors, without investments
in capital improvements.  Angelica's declining top-line revenues,
coupled with its burdensome secured debt obligations, however, made
such investments not feasible," Mr. Makuch said.

In addition, Angelica said it was at a competitive disadvantage to
competitors that, in recent years, have shifted away towards
automation in order to address labor costs.

Faced with these direct pricing pressures from current and
potential customers, as well as indirect pressures from
competitors' increased amenability to customer pricing requests,
Angelica said it has been forced to consistently drop its rates to
maintain market share in a highly fragmented and competitive
industry.  As a result, Angelica's revenues have declined steadily
and substantially over the last several years.  Angelica's
financial struggles were further compounded by the revenues lost as
a result of the significant deterioration and eventual sale and
closing, respectively, of two Angelica laundry plants between 2013
and 2014.  In two isolated incidents, these formerly profitable
laundry plants suffered from unique operational or local
management-based disruptions.
    
        Liquidity Issues & Strategic Alternatives

As disclosed in the court filing, in late 2015, Angelica's largest
customer did not renew its contract.  In April 2016, after this
significant customer contract was nearly phased out, Angelica
retained A&M to assist in managing cash flow and identifying
operational improvements that could be realized on an expedited
basis.  Although A&M uncovered certain inefficiencies and
successfully implemented working capital improvements, Angelica's
liquidity constraints continued.  As a result, in October 2016,
Angelica expanded the scope of the A&M engagement to conduct a
comprehensive assessment of potential performance improvement
initiatives and cost savings, which, upon completion, detailed
significant annualized EBITDA improvements that Angelica could
realize within 12 months of implementation.

Among other things, A&M's assessment confirmed the need for
additional capital to be invested in automation and modernized
equipment.  Their report also identified the need for additional
investments in new senior personnel with expertise in logistics,
operations management, and centralized procurement, and recommended
the consolidation of certain inefficient laundry plants.

As Angelica initiated its strategic and operational review, news of
Angelica's financial challenges began to permeate the market.  As a
result, a number of Angelica's more significant suppliers and
vendors began contacting management and demanding changes in
payment and credit terms.  Since that time, certain of Angelica's
vendors have negotiated reduction in trade terms while others have
demanded that Angelica pay cash in advance as a condition for
further deliveries, and in some cases have threatened to -- or
actually have -- discontinue inventory shipments or otherwise
ceased to perform under their respective agreements.  Although
Angelica and its advisors have been working diligently to resolve
open vendor issues and avoid supply chain interruption, the actions
taken by these vendors have further diminished Angelica's cash
position by approximately $2.5 million in the months prior to the
Petition Date, as disclosed in the court filing.

              Prepetition Forbearance Agreements

On Jan. 23, 2017, the Debtors, the lenders under a July 12, 2016,
term loan credit agreement, and Cortland Capital Market Services
LLC, as administrative and collateral agent, entered into a
forbearance agreement to address (i) a default under the Term Loan
Credit Agreement resulting from the Debtors' failure to pay
interest on certain B-2 Term Loans that was due on Jan. 12, 2017,
and (ii) a potential default that may result from a failure to pay
interest on demand by any Term Loan Lender.  Pursuant to the Term
Loan Forbearance Agreement, the Term Loan Lenders and Cortland
agreed to forbear from exercising any and all remedies available to
them under the Term Loan Credit Agreement with respect to the Term
Loan Credit Agreement Defaults to and including March 17, 2017.  On
March 17, 2017, the Debtors, the Term Loan Lenders, and Cortland
amended and restated the Term Loan Forbearance Agreement to (i)
extend the Term Loan Forbearance Period to and including March 31,
2017, and (ii) expand the scope of the Term Loan Credit Agreement
Defaults with respect to which the Term Loan Lenders and Cortland
agreed to forbear, to include any currently existing or future
default resulting from breach of certain financial covenants.

Pursuant to the cross-default provisions contained in the ABL
Credit Agreement, the occurrence of the Term Loan Interest Default
resulted in an event of default under the ABL Credit Agreement.  To
address the ABL Credit Agreement Default, the Debtors, the ABL
Lenders, and Wells Fargo Capital Finance LLC, in its capacity as
administrative agent under the ABL Credit Agreement, entered into
that certain Forbearance Agreement and Eighth Amendment to Loan
Agreement, dated as of Jan. 23, 2017, pursuant to which the ABL
Lenders and Wells Fargo agreed to forbear from exercising any and
all rights and remedies available to them under the ABL Credit
Agreement arising from the occurrence of the ABL Credit Agreement
Default to and including March 17, 2017.  On March 17, 2017, the
Debtors, the ABL Lenders, and Wells Fargo entered into that certain
First Amendment to Forbearance Agreement and Ninth Amendment to
Loan Agreement to (i) extend the ABL Forbearance Period to and
including March 31, 2017, and (ii) modify the Debtors' requirements
to comply with stricter financial covenants by decreasing the
amount of funds required to be available under the ABL Facility
from $6.5 million to $5.5 million.

                         About Angelica

Headquartered in Alpharetta, Georgia, Angelica --
http://www.angelica.com/-- provides its laundry and linen
management services through a network of over 30 laundry plants and
depots located across the nation and a fleet of over 220 delivery
vehicles.  Angelica is supplying services to approximately 3,800
healthcare providers in 25 states, including approximately 850
hospitals, 350 long-term care facilities, and 2,600 outpatient
medical practices.  Angelica currently employs approximately 3,900
individuals, roughly 69% of whom are unionized.

As of Dec. 24, 2016, Angelica reported total assets of
approximately $208 million and total liabilities of approximately
$216.8 million.  As of the Petition, the Debtors have outstanding
funded debt obligations consisting of (i) approximately $50.5
million in senior secured first lien borrowings, including undrawn
letters of credit, under the ABL Facility and (ii) approximately
$85 million in principal amount of senior secured second lien
borrowings under the Term Loan Facility.  For the 11 months ending
Dec. 24, 2016, the unaudited consolidated financial statements of
Angelica reflected total revenues of approximately $305.2 million
and a net loss of approximately $19.7 million.  The Debtors
estimate that trade claims total approximately $36.7 million.


ANGIOSOMA INC: Will Need Additional Capital to Remain in Business
-----------------------------------------------------------------
AngioSoma, Inc., filed with the Securities and Exchange Commission
its annual report on Form 10-K disclosing a net loss of $3.50
million on $0 of net revenue for the period from inception (April
29, 2016) through Sept. 30, 2016.

As of Sept. 30, 2016, the Company had $17,269 in total assets,
$860,357 in total liabilities and a total stockholders' deficit of
$843,088.

M&K CPAS, PLLC -- http://www.mkacpas.com/-- in Houston, Texas,
issued a "going concern" qualification on the consolidated
financial statements for the year ended Sept. 30, 2016, citing that
the Company suffered a net loss from operations and has a net
capital deficiency, which raises substantial doubt about its
ability to continue as a going concern.

"In the near term, management plans to continue to focus on raising
the funds necessary to implement the Company's business plan," said
the Company in the Annual Report.  "Management will continue to
seek out debt financing to obtain the capital required to meet the
Company's financial obligations.  There is no assurance, however,
that lenders will advance capital to the Company or that the new
business operations will be profitable."

As of Sept. 30, 2016, the Company had a working capital deficit of
$725,484.  The Company does not have a source of revenue and does
not anticipate having one in the near future.  The Company said
that without additional capital, it will not be able to remain in
business.

"In the long term, management believes that the Company's projects
and initiatives will be successful and will provide cash flow to
the Company, which will be used to finance the Company's future
growth.  However, there can be no assurances that the Company's
planned activities will be successful, or that the Company will
ultimately attain profitability.  The Company's long-term viability
depends on its ability to obtain adequate sources of debt or equity
funding to meet current commitments and fund the continuation of
its business operations, and the ability of the Company to achieve
adequate profitability and cash flows from operations to sustain
its operations," the Company stated.

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

                    https://is.gd/EmwwWG

                    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.


ASHMEL PLUMBING: Unsecureds to Recover 40% Under Plan
-----------------------------------------------------
Ashmel Plumbing Company, LLC, filed with the U.S. Bankruptcy Court
for the Northern District of Georgia a disclosure statement dated
March 27, 2017, referring to the Debtor's plan of reorganization
dated March 27, 2017.

General unsecured creditors are classified in Class 1, and will
receive a distribution of 40% their allowed claims, to be
distributed as follows: $350 per month payable to creditor Merchant
Capital and a surrender of the collateral property to creditor Ally
Bank.

Payments and distributions under the Plan will be funded by
revenues derived from business operations which have been improved
due to more favorable market conditions and bankruptcy protection
since October 2016.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/ganb16-68245-49.pdf

                       About Ashmel Plumbing

Ashmel Pumbing Company LLC, is a Georgia Domestic Limited Liability
Company.  Since 1971, the Debtor has been in the business of
providing plumbing services in the metro Atlanta Area.  Ashmel
Plumbing Company, LLC, provides industrial, commercial and
residential plumbing services in the metro Atlanta area.  Their
offices are located at 2365 Benjamin E. May Drive, S.W.  Although
the company name is now Ashmel Plumbing Company, LLC, the
principals operated the business through predecessor business
organizations throughout the 39 year history of the organization.

The Debtor filed a Chapter 11 bankruptcy petition (Bankr. N.D. Ga.
Case No. 16-68245) on Oct. 12, 2016, disclosing under $1 million in
both assets and liabilities.  The Debtor is represented by Joel
Aldrich Jothan Callins, Esq.


AZURE MIDSTREAM: Cancels Registration of Unsold Securities
----------------------------------------------------------
A Post-Effective Amendment filed by Azure Midstream Partners, LP,
Marlin Midstream Financial Corporation, and the Registrants,
deregisters all securities remaining unsold with respect to the
Registration Statement on Form S-3 filed by the Registrants with
the U.S. Securities and Exchange Commission:

     * Registration Statement on Form S-3 (No. 333-203451),
pertaining to the registration of primary offerings of common units
representing limited partner interests, debt securities, guarantees
of debt securities, and other classes of units representing limited
partner interests with an aggregate offering price of
$1,000,000,000, as well as the registration of secondary offerings
of up to 10,663,810 common units representing limited partner
interests, filed with the Commission on April 16, 2015, as amended
by Amendment No. 1, filed on April 28, 2015.

As previously disclosed, on Jan. 30, 2017, Azure Midstream Partners
GP, LLC, the general partner of the Partnership, the Partnership,
and the Partnership’s direct and indirect subsidiaries, filed
voluntary petitions for relief under chapter 11 of title 11 of the
United States Code in the United States Bankruptcy Court for the
Southern District of Texas, Houston Division.

In view of the Bankruptcy Court's order on March 15, 2017,
approving the sale of substantially all of the assets of the
debtors, and in anticipation of the approval and effectiveness
pursuant to an order of the Bankruptcy Court of a plan of
liquidation, the offering pursuant to the Registration Statement
has been terminated.  In accordance with the undertaking made by
the Registrants in the Registration Statement to remove from
registration, by means of a post-effective amendment, any of the
securities that remain unsold at the termination of the offering,
the Registrants hereby remove from registration all such securities
registered under the Registration Statement but not sold under the
Registration Statement.

A full-text copy of the regulatory filing is available at:
https://is.gd/8Onfzz

               About Azure Midstream Partners

Azure Midstream Partners, LP, is a publicly traded Delaware master
limited partnership that was formed by NuDevco Partners, LLC, and
its affiliates to develop, own, operate and acquire midstream
energy assets.

Azure Midstream and 11 of its affiliates sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex. Lead Case No.
17-30461) on Jan. 30, 2017.  The petitions were signed by I.J.
Berthelot, II, president.  The cases are assigned to Judge David R
Jones.

Azure disclosed $375.53 million in assets and $179.38 million in
liabilities as of as of Sept. 30, 2016.

Vinson & Elkins LLP is serving as corporate counsel to the Debtors;
Evercore Group LLC is serving as as financial advisor; Alvarez &
Marsal North America LLC is serving as restructuring advisor; and
Kurtzman Carson Consultants LLC is serving as claims, noticing &
balloting agent.


AZURE MIDSTREAM: David C. Robins Ceases Ownership of Common Units
-----------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, David C. Robins disclosed that as of March 21, 2017, he
ceased to be a beneficial owner of any common unit representing
limited partner interests of Azure Midstream Partners, LP.

A full-text copy of the regulatory filing is available at
https://is.gd/iNcUOD

                 About Azure Midstream

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

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

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

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

                         *    *    *

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

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


AZURE MIDSTREAM: Will No Longer Issue Shares Under 2013 LTIP
------------------------------------------------------------
Azure Midstream Partners, LP filed a post-effective amendment to
its Form S-8 registration statement to deregister all securities
remaining unsold under the Registration Statement on Form S-8 filed
by the Partnership with the U.S. Securities and Exchange
Commission.  The Registration Statement pertains to the
registration of 1,750,000 common units representing limited partner
interests, issuable under the Marlin Midstream Partners, LP 2013
Long-Term Incentive Plan, filed with the Commission on Aug. 1,
2013.

As previously disclosed, on Jan. 30, 2017, Azure Midstream Partners
GP, LLC, the general partner of the Partnership, the Partnership,
and the Partnership's direct and indirect subsidiaries, filed
voluntary petitions for relief under Chapter 11 of the Bankruptcy
Code in the U.S. Bankruptcy Court for the Southern District of
Texas, Houston Division.

In view of the Bankruptcy Court's order on March 15, 2017,
approving the sale of substantially all of the assets of the
Debtors, and in anticipation of the approval and effectiveness
pursuant to an order of the Bankruptcy Court of a plan of
liquidation, the offering pursuant to the Registration Statement
has been terminated.  In accordance with the undertaking made by
the Partnership in the Registration Statement to remove from
registration, by means of a post-effective amendment, any of the
securities that remain unsold at the termination of the offering,
the Partnership hereby removes from registration all Units
registered under the Registration Statement but not sold under the
Registration Statement.
                     About Azure Midstream

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

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

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

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

                         *    *    *

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

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


BASIC ENERGY: Reports Financial Results for 4th Quarter 2016
------------------------------------------------------------
Basic Energy Services, Inc., on March 31, 2017, reported financial
and operating results for the fourth quarter and year ended Dec.
31, 2016.  This press release updates and corrects certain items
previously reported in the Company's press release dated March 23,
2017.  This press release does not change Adjusted EBITDA
previously reported, and corrects matters relating to (i) capital
lease accounting as applied in accordance with fresh start
accounting and (ii) certain other reorganization items.

Basic emerged from its Chapter 11 bankruptcy pursuant to a
prepackaged plan of reorganization on Dec. 23, 2016.  Upon
emergence from the Chapter 11 bankruptcy, the Company adopted fresh
start accounting, which results in Basic becoming a new entity for
accounting and financial reporting purposes upon emergence.  Basic
evaluated events between Dec. 23 and Dec. 31, 2016 and concluded
that the use of an accounting convenience date of Dec. 31, 2016,
did not have a material impact on Basic's results of operations or
financial position.  As such, the application of fresh start
accounting was reflected in its consolidated balance sheet as of
Dec. 31, 2016 and all fresh start accounting adjustments were
included in its consolidated statement of operations for the year
ended December 31, 2016.  References to the Basic "Predecessor"
relate to the financial position of Basic the results of operations
through Dec. 31, 2016; and references to the "Successor" relate to
the financial position of Basic on Dec. 31, 2016.  Due to these
adjustments, the financial statements as of Dec. 31, 2016, are not
comparable with information provided for prior periods.

For the fourth quarter of 2016, the Basic Predecessor reported net
income of $141.9 million, or $3.32 per basic share and $3.15 per
diluted share.  Excluding the special items, fourth quarter net
loss was $60.2 million, or a loss of $1.41 per basic and diluted
share.

Net income for the fourth quarter and the net loss for the year
ended December 31, 2016 on a Predecessor basis includes the net
loss on fresh start adjustments of $220.5 million and the net gain
on restructuring of $540.3 million.

FOURTH QUARTER 2016 HIGHLIGHTS

Fourth quarter 2016 revenues increased 10% sequentially to $155.5
million from $141.6 million in the third quarter of 2016, as
improved levels of activity driven by higher oil prices drove our
customers to complete more wells and initiate previously deferred
maintenance work on existing well bores throughout our footprint.
Fourth quarter 2016 revenues decreased 3% from $161.0 million in
the fourth quarter of 2015.

For the third quarter of 2016, Basic reported a net loss of $92.1
million, or a loss of $2.16 per basic and diluted share, which
included a tax-effected, non-cash charge of $5.9 million, or $0.14
per basic and diluted share pertaining to professional and other
fees associated with the Company's Chapter 11 bankruptcy filing and
a non-cash charge of $32.8 million, or $0.77 per share, related to
a valuation allowance on federal deferred tax assets.  Excluding
the impact of these special items, Basic reported a net loss of
$53.4 million, or a loss of $1.25 per basic and diluted share for
the third quarter of 2016.  In the fourth quarter of 2015, Basic
reported a net loss of $55.2 million, or a loss of $1.36 per basic
and diluted share.

"We are pleased to have emerged late last year from of a
restructuring and recapitalization process with a solid financial
foundation from which we expect to continue to strengthen our
business.," said Roe Patterson, Chief Executive Officer.  "We are
proud of our employees for their hard work and dedication making
this a successful process.  With steadfast assistance from our
customers, vendors and various other stakeholders we were able to
navigate the restructuring process smoothly and timely.  While no
restructuring process is ever a desired outcome for any company, we
now have a healthier financial position that will allow us to
continue providing our customers with industry-leading expertise
and safe, efficient services.

"Without a doubt, 2016 was one of the most challenging years in our
industry's history.  U.S. land activity continued to decline during
most of the year and our revenues fell 32% after having fallen 46%
during 2015.  However, our fourth quarter results benefitted from
the improvement in oil prices and the pick-up in activity,
especially in the Permian Basin.  Our customers took advantage of
this improved environment to restart well maintenance activity and
to begin a steady pace of completion activity for new wells.

"Despite the pick-up in activity, fourth quarter margins declined
across all product lines because of normal seasonal impacts,
reactivation costs of stacked equipment as well as increased
headcount and input costs.  This situation continued during the
first quarter led by the increase in labor rates and the annual
reset of payroll taxes.  We have been able to pass most of these
cost increases through increased pricing, but there is always a
degree of lag.  This margin pressure has begun to dissipate here at
the end of the first quarter.  We expect that to continue in the
second quarter as pricing and utilization continues to improve.  We
expect to exit the first quarter with all of our frac horsepower
unstacked, positive EBITDA for March and full first quarter
revenues that are 13-15% higher sequentially.

"Looking forward, we expect a gradual improvement in pricing and
utilization for the remainder of 2017.  Customer guidance on
capital expenditures looks promising, with gradual improvements in
oily basins for all of our service segments.  While we are
cautiously optimistic about near term activity levels, we expect a
measured and even-paced recovery.  Headwinds, such as finding
experienced labor, still exist and could delay projects.  In
addition, all customers are keeping a close eye on fluctuating oil
prices and have shown the ability to swiftly respond to large
corrections."

Adjusted EBITDA declined to ($5.2 million), or (3%) of revenues,
for the fourth quarter of 2016 from ($4.7 million), or (3%) of
revenues, in the third quarter of 2016.  In the fourth quarter of
2015, Basic generated Adjusted EBITDA of ($7.5) million, or (5%) of
revenues.  Adjusted EBITDA is defined as net income before
interest, taxes, depreciation and amortization ("EBITDA"), goodwill
impairment, retention expenses, restructuring costs, reorganization
items, vesting of equity compensation, the loss on customer audit
settlements, and the net gain or loss from the disposal of assets.
EBITDA and Adjusted EBITDA, which are not measures determined in
accordance with United States generally accepted accounting
principles ("GAAP"), are defined and reconciled in note 2 under the
accompanying financial tables.

FULL YEAR 2016 HIGHLIGHTS

Revenues for Basic Predecessor during 2016 declined 32% to $547.5
million from $805.6 million for 2015.

In 2016, Basic's Predecessor reported a net loss of $123.4 million,
or $2.94 per basic and diluted share, compared to a net loss of
$241.7 million, or a loss of $5.97 per basic and diluted share in
2015.  This includes several special items.

This adjusted net loss includes the net loss on fresh start
adjustments and gain on restructuring.  Excluding special items in
2015, Basic generated an adjusted net loss of $186.7 million, or a
loss of $4.58 per basic and diluted share.

Adjusted EBITDA for 2016 decreased to ($29.2) million, or (5%) of
revenues from $24.3 million, or 3% of revenue, for 2015.  Adjusted
EBITDA excludes the special items for both 2016 and 2015.  

Business Segment Results

Completion and Remedial Services

Completion and remedial services revenue increased 20% to $59.2
million in the fourth quarter of 2016 from $49.4 million in the
prior quarter.  The sequential improvement in revenue for the
segment was led by higher activity levels, particularly in the
Permian Basin.  However, rate traction remained limited due to
continued high levels of competition in all basins in the Company's
footprint.  In the fourth quarter of 2015, this segment generated
$58.5 million in revenue.

At Dec. 31, 2016, Basic had approximately 444,000 of total
hydraulic horsepower ("HHP"), essentially flat compared to both the
end of the previous quarter and as of December 31, 2015. Weighted
average HHP for the fourth quarter of 2016 was 444,000, equal to
the third quarter of 2016.  This includes 358,000 of frac HHP.  As
of Dec. 31, 2016, 116,595 HHP was stacked, with 55,650 HHP
unstacked during the fourth quarter of 2016.  The stacked HHP as of
December 31 includes 101,000 of stacked frac HHP.

Segment profit in the fourth quarter of 2016 decreased to $8.4
million compared to $9.1 million in the prior quarter.  Segment
margin for the fourth quarter of 2016 decreased to 14% compared to
18% during the previous quarter, driven by a combination of
factors, including seasonal holiday and weather impacts,
reactivation costs of stacked HHP of approximately 100 basis
points, and higher proppant costs.  During the fourth quarter of
2015, segment profit was $8.5 million, or 15% of segment revenue.

Fluid Services

Fluid services revenue in the fourth quarter of 2016 increased 3%
to $48.8 million from $47.2 million in the prior quarter. Segment
revenues increased driven by a pick-up in activity in trucking
operations and disposal utilization mainly in the Permian Basin and
the Eagle Ford. During the fourth quarter of 2015, this segment
generated $58.5 million in revenue.

The weighted average number of fluid services trucks decreased 2%
to 944 during the fourth quarter of 2016, compared to 962 during
the third quarter of 2016 and declined 6% compared to 1,002 during
the fourth quarter of 2015.  Truck hours of 503,200 during the
fourth quarter of 2016 represented an improvement of 1% from
499,900 during the third quarter of 2016 and a decrease of 10%
compared to 557,000 in the same period in 2015.

The average revenue per fluid service truck increased 5% to $51,600
during the fourth quarter from $49,100 in the third quarter of
2016, as disposal utilization and hot oiling revenues rose with
increased trucking activity.  In the comparable quarter of 2015,
average revenue per fluid truck was $58,300.

Segment profit in the fourth quarter of 2016 decreased to $6.3
million from $7.9 million in the prior quarter.  Segment profit
margin decreased 380 basis points to 13% due to the impact of
holiday periods, rising labor costs and inclement weather in the
latter part of the quarter.  Segment profit in the same period in
2015 was $12.5 million, or 21% of segment revenue.

Well Servicing

Well servicing revenues increased 4% to $45.1 million during the
fourth quarter of 2016 compared to $43.2 million in the prior
quarter due to an increase in rig hours and utilization driven by
increased workover and plugging activity throughout our geographic
footprint.  Well servicing revenue was $41.5 million in the fourth
quarter of 2015.  Revenues from the Taylor manufacturing operations
were $1.3 million compared to $380,000 in the third quarter of 2016
and $2.6 million in the fourth quarter of 2015.

At Dec. 31, 2016, the well servicing rig count was 421, the same as
of the end of the prior quarter and at Dec. 31, 2015.  Rig hours
increased 7% to 146,200 in the fourth quarter of 2016, compared to
136,600 in the previous quarter and were up 22% from 119,900 hours
in the comparable quarter of last year.  Rig utilization was 49% in
the fourth quarter of 2016, up from 45% in the prior quarter and
from 39% in the fourth quarter of 2015.

Excluding revenues associated with the Taylor manufacturing
operations, revenue per well servicing rig hour was $300 in the
fourth quarter of 2016, down 4% compared to $313 in the previous
quarter and down 7% from $324 reported in the fourth quarter of
2015.  The lower rig rate per hour reflects the competitive
structure of the Permian Basin where most of the increased activity
is taking place.

Segment profit in the fourth quarter of 2016 decreased 24% to $6.1
million compared to $8.1 million in the prior quarter and increased
57% from $3.9 million during the same period in 2015. Segment
profit margin fell to 14% in the fourth quarter of 2016 from 19% in
the prior quarter.  Despite the increased rig hours and
utilization, margins declined due to a combination of factors,
including weather and holiday impacts, higher labor costs and a
continued highly competitive pricing environment.  In the fourth
quarter of 2015, segment profit was 9% of segment revenue.  Segment
profit from the Taylor manufacturing operations was a loss of
$9,000 in the fourth quarter of 2016 compared to positive margin of
$18,000 in the third quarter of 2016.

Contract Drilling

Contract drilling revenue increased 31% to $2.4 million during the
fourth quarter of 2016 compared to $1.8 million the prior quarter.
During the fourth quarter of 2015, this segment generated $2.6
million in revenue.  Basic marketed 12 drilling rigs during the
fourth quarter of 2016, the same number of rigs as in the previous
quarter as well as in the fourth quarter of 2015.  While only one
rig was active at the beginning of the fourth quarter of 2016, a
second rig was contracted in the middle of the quarter and remained
active throughout the remainder of the quarter. Revenue per
drilling day in the fourth quarter of 2016 decreased to $17,500
compared to $20,100 in the previous quarter, but up from $16,500 in
the fourth quarter of 2015.

Rig operating days during the fourth quarter increased to 139
compared to 92 in the third quarter of 2016, resulting in a rig
utilization of 13% and 8% during the fourth and third quarters of
2016, respectively.  In the comparable period in 2015, rig
operating days were 155, producing a utilization of 14%.

Segment loss in the fourth quarter of 2016 was $40,000 compared to
a profit of $164,000 in the prior quarter and a profit of $69,000
in the fourth quarter of 2015.  Segment margin for the fourth
quarter of 2016 was (2%) of segment revenues compared to 9% in the
prior quarter, due to costs associated with redeploying the second
rig in the quarter.  For the fourth quarter of 2015, segment margin
was 3%.

G&A Expense

As reported General and administrative ("G&A") expense was $48.6
million for the fourth quarter of 2016.  Net of retention expense
and the vesting of predecessor equity compensation, G&A expense in
the fourth quarter of 2016 declined 8% to $27.5 million on an
operating basis, or 18% of revenue from $30.1 million, or 21% of
revenue, in the prior quarter.  G&A expense in the fourth quarter
of 2015 was $32.6 million, or 20% of revenue. The 16% decrease in
G&A expense from last year's fourth quarter was primarily the
result of headcount reductions, lower incentive compensation and
other cost savings initiatives implemented during 2016.

Tax Benefit

Basic had no tax expense for the fourth quarter of 2016, compared
to tax expense of $1,000 in the third quarter of 2016.  Excluding
the impact of valuation allowance, Basic's operating effective tax
benefit for the fourth quarter of 2016 was $29.4 million compared
to an operating effective tax benefit of $28.3 million in the third
quarter of 2016.  The fourth quarter of 2016 represents an
operating effective tax benefit rate of 28%, compared to 35% in the
prior quarter.  The adjusted effective tax benefit of $29.8 million
in the fourth quarter of 2015 translated into an effective tax
benefit rate of 35%.

Cash and Total Liquidity

On December 31, 2016, Basic Successor had cash and cash equivalents
of approximately $98.9 million, up from $34.3 million at September
30, 2016 and $46.7 million on December 31, 2015.  This amount
includes proceeds from the $125 million rights offering on December
23, 2016, less payments of DIP financing and Chapter 11
restructuring costs.

At December 31, 2016, total liquidity was approximately $122.3
million, which included $23.4 million of availability under Basic's
amended and restated $75 million revolving credit facility.

Capital Expenditures

Total capital expenditures during 2016 were approximately $38.3
million (including capital leases of $5.6 million), comprised of
$5.0 million for expansion projects, $29.6 million for sustaining
and replacement projects and $3.7 million for other projects.
Expansion capital spending included $2.9 million for the completion
and remedial services segment, $1.1 million for the fluid services
segment, and $904,000 for the well servicing segment.   Other
capital expenditures were mainly for facilities and IT
infrastructure.

Basic currently anticipates 2017 maintenance capital expenditures
to be $70.0 million, including $30.0 million of capital leases.  In
addition, we have committed expansion capital expenditures of $45
million in 2017.  This includes $43.0 million for completion and
remedial services and $2.0 million for the well servicing segment.

                  About Basic Energy Services

North Worth, Texas-based Basic Energy Services, Inc. (NYSE: BAS) --
http://www.basicenergyservices.com/-- provides well site services
essential to maintaining production from oil and gas wells.  Basic
Energy Services, Inc. and 27 affiliated companies filed Chapter 11
bankruptcy petitions (Bankr. D. Del. Lead Case No. 16-12320) on
Oct. 25, 2016.  The cases were assigned to Judge Kevin J. Carey.
Together with the bankruptcy petition, the Debtors filed a fully
consensual Joint Prepackaged Chapter 11 Plan and Disclosure
Statement and began soliciting votes to accept or reject such
Prepackaged Plan and Disclosure Statement before the Petition
Date.

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

Counsel to the Prepetition Term Loan Lenders and certain of the DIP
Lenders in the Chapter 11 cases of Basic Energy Services, Inc., et
al. were Davis Polk & Wardwell LLP's Marshall S. Huebner, Esq., and
Darren S. Klein, Esq.; and Jeremy W. Ryan, Esq., at Potter Anderson
& Corroon LLP.

Counsel to U.S. Bank National Association, as Prepetition Term Loan
Agent and acting as administrative agent and collateral agent, were
Theodore Sica, Esq., and Nicholas B. Vislocky, Esq., at Lowenstein
Sandler LLP.  A consortium of lenders led by U.S. Bank extended a
superpriority secured multiple delayed-draw term loan facility to
the Debtors in an aggregate principal amount of $90 million.

Counsel to Bank of America, N.A., in its capacity as the
Prepetition ABL Agent were James A. Markus, Esq., and Paul E.
Heath, Esq., at Vinson & Elkins LLP; and Morris, Nichols, Arsht &
Tunnell LLP's Robert J. Dehney, Esq. and Eric D. Schwartz, Esq.

An ad hoc group of holders that own or manage with the authority to
act on behalf of the beneficial owners of the Company's 2019 Senior
Notes and the 2022 Senior Notes, consisted of:

     -- Ascribe Capital LLC,
     -- Brigade Capital Management, L.P.,
     -- Silver Point Capital, L.P., and
     -- other entities that may join such ad hoc group from
        time to time.

Counsel to the Ad Hoc Group were Fried, Frank, Harris, Shriver &
Jacobson LLP's Brad Eric Scheler, Esq., and Peter Siroka, Esq.; and
Michael D. DeBaecke, Esq., at Blank Rome LLP.

                       *     *     *

The Debtors emerged from their Chapter 11 Cases on Dec. 23, 2016.
The Bankruptcy Court for the District of Delaware entered an order
approving their First Amended Joint Prepackaged Chapter 11 Plan on
Dec. 9.

Through its Prepackaged Plan, Basic equitized over $800 million of
unsecured debt, including accrued interest, eliminated over $60
million in annual cash interest, and raised $125 million of new
capital. Existing shareholders of record as of the close of trading
on December 23, 2016 will receive new common stock and warrants in
the reorganized Company.  The Company believes that its
substantially deleveraged balance sheet and capital infusion
position Basic for long-term success for the benefit of all of its
stakeholders.


BEHRINGER HARVARD: Deloitte & Touche LLP Raises Going Concern Doubt
-------------------------------------------------------------------
Behringer Harvard Opportunity REIT I, Inc., filed with the U.S.
Securities and Exchange Commission its annual report on Form 10-K,
disclosing a net loss of $20.33 million on $54.36 million of total
revenues for the year ended December 31, 2016, compared to a net
loss of $25.57 million on $55.39 million of total revenues for the
year ended December 31, 2015.

Deloitte & Touche LLP issued a going concern qualification on the
consolidated financial statements for the year ended December 31,
2016, stating that the Company's total debt of $142 million coming
due within 12 months from the date these consolidated financial
statements are issued and its insufficient capital to repay the
debt raise substantial doubt about its ability to continue as a
going concern.

The Company's balance sheet at December 31, 2016, showed total
assets of $254.84 million, total liabilities of $169.05 million,
and a stockholders' equity of $85.79 million.

A full-text copy of the Company's Form 10-K is available at:
                
                   http://bit.ly/2nKgFZM

Behringer Harvard Opportunity REIT I, Inc., is a Maryland
corporation formed in November 2004 to invest in and operate
commercial real estate or real-estate related assets located in or
outside the United States.  The Company conduct substantially all
of its business through its operating partnership and its
subsidiaries.  The business has been managed by an external advisor
since the commencement of its initial public offering, and the
Company has no employees.


BERNARD L. MADOFF: Hidden Deals at Center of Hedge-Fund Suit
------------------------------------------------------------
Patrick Gower, writing for Bloomberg News, reported that Principal
Financial Group Inc. accused the managers of Liongate Capital
Management LLP of hiding investments with Bernie Madoff while
negotiating to sell half of their London hedge fund to Principal.

According to the report, citing legal filings produced by
Principal, founders Randall Dillard and Jeff Holland, and Head of
Research Benjamin Funk sold the stake in March 2013 without
disclosing secret investments in the largest of several Madoff
"feeder funds."  It may be seeking as much as $66 million in
damages in its London lawsuit, the report related.

Principal said it discovered the investments in late June 2015
after staff opened a locked safe at Liongate's offices in the
Mayfair neighborhood in London, with the help of the safe's
manufacturers, the report further related.  Inside were two files
containing purchases spanning almost a decade that included
investments in Fairfield Sentry Ltd., a fund linked to Madoff,
Principal said, the report noted.  Dillard, Holland and Funk
intentionally misled Principal by saying prior to the deal that
they had never invested in Madoff funds, report cited the company's
filings.

Principal sued the men in September 2015, a month before Liongate
shut as investors withdrew cash, the report said.  Judge Michael
Burton, last week, said the case is scheduled for trial in October
2018, the report added.

The case is Principal Global Investors LLC & Anr v. Randall Dillard
& Ors, High Court of Justice, Queen's Bench Division, Commercial
Court, CL-2015-000698

                    About Bernard L. Madoff

Bernard L. Madoff Investment Securities LLC and Bernard L. Madoff
orchestrated the largest Ponzi scheme in history, with losses
topping US$50 billion.  On Dec. 15, 2008, the Honorable Louis A.
Stanton of the U.S. District Court for the Southern District of
New York granted the application of the Securities Investor
Protection Corporation for a decree adjudicating that the
customers
of BLMIS are in need of the protection afforded by the Securities
Investor Protection Act of 1970.  The District Court's Protective
Order (i) appointed Irving H. Picard, Esq., as trustee for the
liquidation of BLMIS, (ii) appointed Baker & Hostetler LLP as his
counsel, and (iii) removed the SIPA Liquidation proceeding to the
Bankruptcy Court (Bankr. S.D.N.Y. Adv. Pro. No. 08-01789)
(Lifland,
J.).  Mr. Picard has retained AlixPartners LLP as claims agent.

On April 13, 2009, former BLMIS clients filed an involuntary
Chapter 7 bankruptcy petition against Bernard Madoff (Bankr.
S.D.N.Y. 09-11893).  The petitioning creditors -- Blumenthal &
Associates Florida General Partnership, Martin Rappaport
Charitable Remainder Unitrust, Martin Rappaport, Marc Cherno, and
Steven Morganstern -- assert US$64 million in claims against Mr.
Madoff based on the balances contained in the last statements they
got from BLMIS.

On April 14, 2009, Grant Thornton UK LLP as receiver placed Madoff
Securities International Limited in London under bankruptcy
protection pursuant to Chapter 15 of the U.S. Bankruptcy Code
(Bankr. S.D. Fla. 09-16751).  The Chapter 15 case was later
transferred to Manhattan.  In June 2009, Judge Lifland approved
the consolidation of the Madoff SIPA proceedings and the
bankruptcy case.

Judge Denny Chin of the U.S. District Court for the Southern
District of New York on June 29, 2009, sentenced Mr. Madoff to 150
years of life imprisonment for defrauding investors in United
States v. Madoff, No. 09-CR-213 (S.D.N.Y.).

From recoveries in lawsuits coupled with money advanced by SIPC,
Mr. Picard has commenced distributions to victims.  As of Dec. 14,
2016, the SIPA Trustee has recovered more than $11.486 billion
and, following the eight interim distribution in January 2017,
will raise total distributions to approximately $9.72 billion,
which includes more than $839.6 million in advances committed by
SIPC.


BIOLARGO INC: Amends 36.1 Million Common Shares Prospectus
----------------------------------------------------------
Biolargo, Inc. filed an amendment no. to its Form S-1 registration
statement covering 36,090,857 shares of stock that were issued as
part of a series of private offerings already completed by the
Company.  Of that amount: (i) 15,068,775 shares are issuable upon
conversion of convertible promissory notes issued to investors in
the Company's 2015 Unit Offering, the proceeds for which were
received in the years ended Dec. 31, 2015, and 2016; (ii)
19,660,544 shares issued or issuable upon the exercise of stock
purchase warrants; and (iii) 1,361,538 shares are currently issued
and outstanding as payment for interest on convertible promissory
notes.  The Company amended the Registration Statement to delay its
effective date.  A full-text copy of the Form S-1/A is available at
https://is.gd/qmy3eX

                            BioLargo

BioLargo, Inc., is a provider of platform technologies.  The
Company's products are used to eliminate contaminants that threaten
the water, health and quality of life.  Its technology has
commercial applications within several industries.  The Company
focuses on four areas: water treatment; industrial odor control
applications; commercial, household and personal care products
(CHAPP), and advanced wound care.  Its AOS Filter combines iodine,
water filter materials and electrolysis within a water filter
device.  It generates oxidation potential in order to oxidize and
breakdown or otherwise eliminate, soluble organic contaminant,
which are found in contaminated water.

Biolargo reported a net loss of $8.07 million on $281,106 of total
revenue for the year ended Dec. 31, 2016, compared to a net loss of
$5.07 million on $127,582 of total revenue for the year ended Dec.
31, 2015.  As of Dec. 31, 2016, Biolargo had $2.11 million in total
assets, $2.88 million in total liabilities and a total
stockholders' deficit of $770,198.

Haskell & White LLP, in Irvine, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, citing that the Company has incurred
recurring losses, negative cash flows from operations and has
limited capital resources, and a net stockholders' deficit. These
matters raise substantial doubt about the Company's ability to
continue as a going concern.


BIOLARGO INC: Will Need More Capital to Expand Operations
---------------------------------------------------------
Biolargo, Inc., filed with the Securities and Exchange Commission
its annual report on Form 10-K disclosing a net loss of $8.07
million on $281,106 of total revenue for the year ended Dec. 31,
2016, compared with a net loss of $5.07 million on $127,582 of
total revenue for the year ended Dec. 31, 2015.

As of Dec. 31, 2016, Biolargo had $2.11 million in total assets,
$2.88 million in total liabilities and a total stockholders'
deficit of $770,198.

"[A]t December 31, 2016, we had working capital of $861,929 ,
current assets of $2,061,682, long-term (convertible) debt
obligations of $5,250,668, and an accumulated stockholders’
deficit of $91,915,426.  The foregoing factors raise substantial
doubt about our ability to continue as a going concern. Ultimately,
our ability to continue as a going concern is dependent upon our
ability to attract significant new sources of capital, attain a
reasonable threshold of operating efficiencies and achieve
profitable operations by licensing or otherwise commercializing
products incorporating our technology.  The financial statements do
not include any adjustments that might be necessary if we are
unable to continue as a going concern.

"We have been, and anticipate that we will continue to be, limited
in terms of our capital resources.  Our total cash and cash
equivalents were $1,910,153 at December 31, 2016.  In the year
ended December 31, 2016, we recorded revenues of $281,106, received
cash from government reimbursement grants for our Canadian research
programs totaling $161,430, and had $200,103 of outstanding
accounts payable and accrued expenses.

"The short-term demands on our liquidity consist of our obligations
to pay our employees, consultants, and for other ongoing
operational obligations, including research and development
activities.  We will be required to raise substantial additional
capital to expand our operations, including without limitation,
hiring additional personnel, additional scientific and third-party
testing, costs associated with obtaining regulatory approvals and
filing additional patent applications to protect our intellectual
property, and possible strategic acquisitions or alliances, as well
as to meet our liabilities as they become due for the next 12
months.  We have been, and will continue to be, required to
financially support the operations of our subsidiaries, none of
which are operating at a positive cash flow.  Only one subsidiary,
Clyra, has financing in place to fund operations for the immediate
future," the Company stated in the report.

Haskell & White LLP, in Irvine, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, citing that the Company has incurred
recurring losses, negative cash flows from operations and has
limited capital resources, and a net stockholders' deficit. 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/Ce881g

                          BioLargo

BioLargo, Inc., is a provider of platform technologies.  The
Company's products are used to eliminate contaminants that threaten
the water, health and quality of life.  Its technology has
commercial applications within several industries.  The Company
focuses on four areas: water treatment; industrial odor control
applications; commercial, household and personal care products
(CHAPP), and advanced wound care.  Its AOS Filter combines iodine,
water filter materials and electrolysis within a water filter
device.  It generates oxidation potential in order to oxidize and
breakdown or otherwise eliminate, soluble organic contaminant,
which are found in contaminated water.


BIOPLANET CORP: Has Until June 15 to File Plan & Disclosures
------------------------------------------------------------
The Hon. Karen Brown of the U.S. Bankruptcy Court for the Southern
District of Texas has extended, at the behest of BioPlanet Corp.,
the deadline to file a Chapter 11 plan and Disclosure Statement to
June 15, 2017.

                 About BioPlanet Corp.

BioPlanet Corp., a corporation with its main office in Katy, Texas,
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
S.D. Tex. Case No. 17-30684) on Feb. 5, 2017.  The petition was
signed by Bernardo Herrero, director.  The case is assigned to
Judge Karen K. Brown.  At the time of the filing, the Debtor
estimated its assets and debts at $1 million to $10 million.

The Debtor is represented by Adelita Cavada, Esq. at The Perez Law
Firm.


BIOSCRIP INC: 2017 Adjusted EBITDA Forecast at $45M to $55M
-----------------------------------------------------------
In conjunction with meetings scheduled with analysts and investors
for March 28 to 29, 2017, BioScrip, Inc., published an updated
investor presentation to the investor relations section of the
Company's Web site.

In the presentation, management reiterates its 2017 adjusted EBITDA
forecast of $45.0 million to $55.0 million.  First quarter 2017
adjusted EBITDA is anticipated to be lower year over year
reflecting the rollout by the Company of Cures Act legislation
mitigation measures, which were fully implemented by late January
2017.  The reiteration of the company's adjusted EBITDA outlook for
the year reflects the recent termination by the Company of its
contract with UnitedHealthcare, which will become effective
September 30, 2017. Although UnitedHealthcare was the Company's
largest payor, accounting for 24% of 2016 revenue, the contract was
not profitable and its termination is expected to have a positive
impact on adjusted EBITDA outlook going forward.

"We continue to leverage our CORE initiative to accelerate the
growth of our profitable business segments and improve operational
efficiencies throughout the organization," said Daniel E.
Greenleaf, President and Chief Executive Officer. "It is difficult
to end a relationship with a business partner, but in this
circumstance, we believe our business needs do not align. The exit
of this contract is consistent with our CORE initiative and better
positions BioScrip for improved operating results going forward."

A full-text copy of the regulatory filing is available at:
https://is.gd/Z8U4eE

                       About Bioscrip

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

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

Bioscrip reported a net loss attributable to common stockholders of
$309.51 million in 2015, a net loss attributable to common
stockholders of $147.7 million in 2014, and a net loss attributable
to common stockholders of $69.65 million in 2013.

                        *    *    *

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

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


BIRCH GROVE: Hires Anderson Auction & Realty Brokers as Auctioneers
-------------------------------------------------------------------
Birch Grove Landscaping & Nursery, Inc., seeks authorization from
the U.S. Bankruptcy Court for the Western District of New York to
employ Anderson Auction & Realty Brokers as auctioneers/sale
agent.

The Debtor is a New York corporation based in East Aurora, New
York, which was providing commercial landscape design and
construction services as of the Filing. The Debtor stopped
providing such services at the end of the 2016 season.

The Debtor seeks authorization to sell equipment and real property
via an auction, private sale or Internet auction, out of the
ordinary course, "as is where is," and free and clear of any and
all liens, claims and encumbrances, with any and all liens, claims
and encumbrances to attach to the proceeds of sale.

The Debtor has selected Anderson to act as sales agent and/or
auctioneer because of Anderson's substantial experience in such
sales on behalf of other entities in this region.

For its services, Anderson will be paid 10% of the gross proceeds
of the Equipment and Real Property.

Additionally, Anderson will be reimbursed for its expenses which
Anderson estimates will be approximately $1,800.00 to $2,000.00 for
new print ads and $1,500.00 to $1,800.00 for labor.

Charles R. Anderson, president of Anderson Auction & Realty
Brokers, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estates.

Anderson may be reached at:

      Charles R. Anderson
      Anderson Auction & Realty Brokers
      71 Military Road
      Buffalo, NY 14207
      Phone: 716-838-8484
      Fax: 716-926-6255

             About Birch Grove Landscaping & Nursery

Headquartered in East Aurora, New York, Birch Grove Landscaping &
Nursery, Inc., filed for Chapter 11 bankruptcy protection (Bankr.
W.D.N.Y. Case No. 15-11984) on Sept. 18, 2015, estimating its
assets and liabilities at between $1 million and $10 million each.
The petition was signed by Jason L. Burford, chief operating
officer.  Judge Carl L. Bucki presides over the case.  

Daniel F. Brown, Esq., at Anreozzi, Bluestein, Weber, Brown, LLP,
serves as the Debtor's bankruptcy counsel; and Lewandowski &
Associates as the Debtor's special counsel.


BRITISH MOTORCARS: Hires McQueen & Ashman as Special Counsel
------------------------------------------------------------
British Motorcars Ventura, Inc., d/b/a Land Rover Jaguar Ventura,
seeks authority from the U.S. Bankruptcy Court for the Central
District of California to employ McQueen & Ashman LLP, as special
corporate and litigation counsel to the Debtor.

Through its bankruptcy case, the Debtor intends to sell
substantially all of its assets on an expedited basis.  Prior to
the Petition Date, the Debtor received an offer for the purchase of
the Assets from a well-known Southern California automobile dealer
("Potential Buyer"). The Debtor has engaged in substantial
discussions with the Potential Buyer over the last year about the
potential purchase of the Assets. The Debtor and the Potential
Buyer are now in the process of documenting an Asset Purchase
Agreement for the sale the Assets. The Debtor believes that any
sale of the Debtor's business will result in sale proceeds
sufficient to pay Chase and all Debtor's other creditors in full.

British Motorcars requires McQueen & Ashman to:

   a. continue to represent the Debtor in negotiations with the
      Potential Buyer and other potential purchasers of the
      Debtor's dealership;

   b. document the sale transaction with the Potential Buyer or
      any other potential sale of the Debtor's dealership,
      including, but not limited to, negotiating and preparing an
      Asset Purchase Agreement, and providing related services
      through the close of sale, including, but not limited to,
      seeking and obtaining approval for such sale from Jaguar
      Land Rover North America, the Department of Motor Vehicles
      and other parties;

   c. continue to represent the Debtor in ongoing and recently
      filed litigation brought by consumers, and to represent the
      Debtor in any similar future litigation;

   d. continue to advise and represent the Debtor in connection
      with any employee issues that may arise;

   e. represent the Debtor in any adversary actions that the
      Debtor may bring against other parties, and defending the
      Debtor against adversary actions that may be brought
      against the Debtor, depending on the nature of those
      actions, and to the extent it is not more appropriate for
      the Debtor's general bankruptcy counsel to be counsel on
      those matters;

   f. assist the Debtor and the Debtor's general bankruptcy
      counsel in the formulation of a plan of reorganization and
      preparation of the disclosure statement; and

   g. perform any other services which may be appropriate in
      M&A's representation of the Debtor during the Debtor's
      bankruptcy case.

McQueen & Ashman will be paid at these hourly rates:

     Phillip Ashman              $410
     Brian A. Kumamoto           $390

McQueen & Ashman will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Phillip Ashman, partner of McQueen & Ashman LLP, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

McQueen & Ashman can be reached at:

     Phillip Ashman, Esq.
     MCQUEEN & ASHMAN LLP
     19900 MacArthur Blvd., Suite 1150
     Irvine, CA 92612
     Tel: (949) 223-9601
     Fax: (949) 223-9611

                   About British Motorcars Ventura, Inc.

British Motorcars Ventura, Inc. --
http://landroverjaguarventura.com-- is a small organization in the
new and used car dealers industry located in Ventura, CA. It opened
its doors in 2010 and now has an estimated $2.7 million in yearly
revenue and approximately 12 employees.

British Motorcars Ventura, Inc., based in Ventura, CA, filed a
Chapter 11 petition (Bankr. C.D. Cal. Case No. 17-10489) on March
22, 2017. The Hon. Peter Carroll presides over the case. Martin J
Brill, Esq., at Levene Neale Bender Yoo & Brill LLP, serves as
bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Philip D.
Vass, president.


CABLE ONE: S&P Affirms 'BB' CCR on NewWave Acquisition
------------------------------------------------------
S&P Global Ratings said that it affirmed its 'BB' corporate credit
rating, and all other ratings, on Phoenix–based Cable One Inc.
The rating outlook is stable.

S&P also assigned a 'BBB-' issue-level rating and '1' recovery
rating to the company's proposed $300 million term loan A, due in
2022 and proposed $350 million term loan B due in 2024.  The '1'
recovery rating indicates S&P's expectation for very high
(90%-100%; rounded estimate: 95%) recovery in the event of a
payment default.

Proceeds from the new term loans and about $105 million cash will
be used to fund the $735 million acquisition of Telecommunications
Management LLC (D/B/A NewWave Communications).

The ratings affirmation reflects S&P's expectation that Cable One
will reduce leverage to the mid-2x area by the end of 2017 from
about 3x, pro forma for the transaction, which is below S&P's 4x
downgrade trigger.  S&P expects leverage improvement to come
primarily from modest debt amortization and mid- to
high-single-digit percentage EBITDA growth, primarily due to
organic earnings growth combined with cost synergies.
Nevertheless, given the company's financial policy, S&P believes
the company will remain acquisitive and make opportune share
repurchases, which will most likely keep leverage around 3x, plus
or minus half a turn.

From a business risk perspective, S&P views the acquisition
somewhat favorably as it expands Cable One's footprint.
Additionally, NewWave has similar business characteristics in that
it operates primarily in nonurban second- and third-tier markets
with low customer density.  Cable One has consistently focused on
increasing high speed data (HSD) penetration, a strategy that it
will likely emphasize with NewWave, which has below-average
penetration rates.  S&P believes there is room for improvement
given recent investments in network upgrades and limited
competition in its footprint.  The addition of NewWave will also
expand Cable One's scale and customer base by adding about 245,000
primary service units. NewWave's relatively low EBITDA margin and
lower revenue per customer also present opportunities for growth.

S&P's base-case forecast assumes:

   -- Real U.S. GDP growth of 2.4% in 2017; however, S&P believes
      that the company's revenue growth is more directly tied to
      industry factors rather than macroeconomic conditions;

   -- Video customers decline around 12%-14% pro forma over the
      next year, which is partially offset by rate increases as
      the company continues to pass along all programming cost
      growth to its subscribers;

   -- HSD subscribers grow around 3%-4% pro forma while average
      revenue per user increases around 4%-6% over the next two
      years as the company upsells customers to faster speeds;

   -- Residential revenues increase in the low-single-digit
      percent area pro forma in 2017, in part due to NewWave's
      under penetration in HSD;

   -- Commercial revenues increase around 11%-13% pro forma in
      2017 due to increased penetration in the small and midsize
      business segment as well as some revenue growth from
      commercial fiber opportunities and wireless backhaul; and

   -- The adjusted EBITDA margin increases to the 43% area from
      about 42% because of a mix shift to higher-margin broadband
      and commercial services, cost synergies, and about $30
      million in lower operating expenses from the capitalization
      of some labor expense, partially offset by the contribution
      of NewWave's lower margin business.

These assumptions result in these credit metrics in 2017:

   -- Debt to EBITDA between 2.4x and 2.6x;
   -- Funds from operations (FFO) to debt of 28%-30%; and
   -- Free operating cash flow (FOCF) to debt of 7%-9%.

S&P views Cable One's liquidity as adequate.  S&P expects sources
of liquidity to exceed uses by more than 1.2x over the next year
and for net sources to be positive, even with a 15% decline in
forecast EBITDA.

Principal liquidity sources:

   -- Full availability under the $200 million revolver maturing
      in 2020;
   -- Cash and cash equivalents of about $33 million pro forma for

      the acquisition; and
   -- FFO of about $300 million-$330 million over the next 12
      months.

Principal liquidity uses:

   -- Modest debt amortization over the next 12 months;
   -- Capital expenditures of about $220 million-$250 million; and
   -- Dividends to shareholders of about $35 million over the next

      12 months.

Covenants

Cable One has a total net leverage covenant of 4.5x and a
first-lien net leverage covenant of 3.5x on its revolving credit
facility and term loan A.  S&P expects Cable One will maintain at
least 15% cushion over the next 12 months.

The stable outlook on the rating reflects S&P's expectation that
adjusted leverage will decrease to the mid-2x area by fiscal year
end 2017, below S&P's downside threshold of 4x.  S&P do not
anticipate that leverage will exceed 4x over the next 12 months
given the company's stated financial policy, which includes
leverage of about 3x.

S&P believes a downgrade is unlikely over the next 12 months.
Longer term, S&P could lower the rating if acquisitions, share
repurchases, or dividends push leverage above 4x.  Additionally,
S&P could also lower the rating if operating performance
deteriorates--including substantially lower revenue from video
services in conjunction with a slowdown in data and commercial
revenue, which results in margin contraction to about 30% and
leverage above 4x.

Although unlikely given the announcement of plans to acquire
NewWave Communications, S&P could raise the ratings if it believes
that Cable One would maintain adjusted leverage below 2.5x on a
sustained basis.  S&P believes this would be accompanied by a
change in financial policy.



CAPSTONE PEDIATRICS: Cigna Health Objects to Disclosure Statement
-----------------------------------------------------------------
Cigna Health and Life Insurance Company and Life Insurance Company
of North America filed with the U.S. Bankruptcy Court for the
Middle District of Tennessee an objection to Capstone Pediatrics,
PPLC's disclosure statement referring to the Debtor's plan of
reorganization.

Prior to and for more than one year after the Petition Date, CHLIC
provided fully-insured healthcare coverage to the Debtor's eligible
employees and their eligible dependents pursuant to a group medical
insurance policy between CHLIC and the Debtor

CHLIC complains that:

     a. the Disclosure Statement represents that the Debtor will
        have sufficient cash to pay all Administrative Expense
        Claims on the Effective Date.  The Debtor intends to
        accomplish this by "delaying the Effective Date" as
        necessary to accumulate cash.  However, the Disclosure
        Statement fails to disclose when, if ever, this will be
        accomplished; and

     b. the Disclosure Statement fails to disclose the existence
        of, or account for, a significant Administrative Expense
        Claim, and fails to provide a date, if ever, when the Plan
        will become Effective. Thus, the information in the
        Disclosure Statement is inadequate for purposes of 11
        U.S.C. Section 1125(b), and the Disclosure Statement
        cannot be approved.

The Objection is available at:

           http://bankrupt.com/misc/tnmb15-09031-384.pdf

CHLIC is represented by:

     Tyler N. Layne, Esq.
     WALLER LANSDEN DORTCH & DAVIS LLP
     511 Union Street, Suite 2700
     Nashville, TN 37219
     Tel: (615) 244-6380
     Fax: (615) 244-6804
     E-mail: tyler.layne@wallerlaw.com

          -- and --

     Jeffrey C. Wisler, Esq.
     CONNOLLY GALLAGHER LLP
     The Brandywine Building
     1000 West Street, Suite 1400
     Wilmington, Delaware 19801
     Tel: (302) 757-7300
     Fax: (302) 658-0380

                     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.


CAPSTONE PEDIATRICS: Eddie Hamilton Tries to Block Disclosures OK
-----------------------------------------------------------------
Creditor Dr. Eddie Hamilton filed with the U.S. Bankruptcy Court
for the Middle District of Tennessee an objection to Capstone
Pediatrics, PPLC's disclosure statement referring to the Debtor's
plan of reorganization.

A hearing will be held on April 18, 2017, at 9:00 a.m.  Responses
to the Objection must be filed by March 30, 2017.

Dr. Hamilton claims that the Disclosure Statement lacks adequate
information, and complains, among other things:

     a. Section 1.02 of the Disclosure Statement describes, in
        vague detail, "events leading to Chapter 11 filings."  In
        it, it explains that the Debtor allegedly overvalued and
        overpaid for the assets of Centennial Pediatrics (formerly

        owned by Dr. Hamilton).  It also describes some of the
        operational challenges that the Debtor faced in the years
        leading up to the bankruptcy.  What this section does not
        adequately explain, however, is why the Debtor overvalued
        the assets of Centennial Pediatrics, despite a thorough
        due diligence review by Butler Snow LLP.  The Disclosure
        Statement also fails to describe the cause of the payment
        default with its IT vendor, Athenahealth;

     b. while Sections 1.03 and 5.03 contain some vague
        recitations regarding the future of the Debtor, and
        Exhibit D contains a pro forma budget for the future, very

        little detail is given the creditors to support these
        statements.  For example, the Disclosure Statement states:
      
        "Capstone is continuing to assess the viability and
        sustainability of each of its locations as well as its
        operational practices.  Although the Plan contemplates
        that Capstone will retain operations in all nine current
        locations, Capstone will continue to evaluate the economic

        viability of its number of offices."  This type of vague
        information is insufficient to allow a creditor to assess
        the likely viability of the Debtor going forward.  For
        example, were the Debtor to close two additional
        locations, the loss of revenue combined with the increase
        in administrative claims (for breach of leases) might
        cause the Debtor to be immediately insolvent.  Further,
        the Debtor's future viability seems to hinge on "reduced
        monthly minimum payments to Athenahealth," but nowhere in
        the Disclosure Statement does the Debtor state the amount
        of those reductions, the likelihood of such reductions, or

        the basis for the belief that reductions are even
        possible;

     c. the Debtor's Disclosure Statement clearly fails this
        factor.  The only information concerning the source of
        information can be found in Section 5.01, "Disclaimer,"
        which reads in part: "The financial information described
        below was compiled by Debtor and has not been subjected to

        an audit."  The Disclosure Statement reveals that the
        Debtor compiled the information but does not indicate from

        what source it was compiled, whether professional
        valuations, financial advisors, or pure speculation.
        Without more information regarding the source of the
        information, the Disclosure Statement's reliability cannot

        be verified; and

     d. the Debtor discusses at some length, in Section 1.03, some

        of the operational adjustments made during the Chapter 11.

        However, nowhere in the Disclosure Statement is the
        Debtor's financial condition or profitability during the
        Chapter 11 discussed.  For example, the Disclosure
        Statement offers no explanation to creditors why the
        Debtor's assets have plummeted from $10,169,159.32 as of
        January 2016 to $6,092,125 in January 2017, nor why its
        debt has risen from $11,084,183.35 to $13,543,385.00
        during that same year's time.  Without an explanation as
        to why the Debtor's financial condition has deteriorated
        by approximately $6.5 million in one year while subject to

        the protections of bankruptcy, creditors cannot possibly
        assess the viability of the Plan.

A copy of the Objection is available at:

           http://bankrupt.com/misc/tnmb15-09031-385.pdf

Dr. Hamilton is represented by:

        Phillip G. Young, Jr., Esq.
        THOMPSON BURTON PLLC
        One Franklin Park
        6100 Tower Circle, Suite 200
        Franklin, TN 37067
        Tel: (615) 465-6008
        E-mail: phillip@thompsonburton.com

                     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.


CARGO DOCTOR: Hires Kasuri Byck as Bankruptcy Attorney
------------------------------------------------------
Cargo Doctor Express, Inc., et al., seek authority from the U.S.
Bankruptcy Court for the District of New Jersey to employ the Law
Office of Kasuri Byck, LLC, as attorney to the Debtor.

Cargo Doctor requires Kasuri Byck to provide legal representation
and assist the Debtor in the formulation of plan and disclosures,
preparation of schedules, negotiation with creditors, creditor's
meeting, Initial Debtor Interview, status conferences, confirmation
of plan, and ongoing assistance with reporting requirements.

Kasuri Byck will be paid at these hourly rates:

     Attorney                $425
     Paralegal               $225

Kasuri Byck will be paid a retainer in the amount of $10,000.

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

Harrison Ross Byck, partner of the Law Office of Kasuri Byck, LLC,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

Kasuri Byck can be reached at:

     Harrison Ross Byck, Esq.
     LAW OFFICE OF KASURI BYCK, LLC
     340 Route 1 North
     Edison, NJ 08817
     Tel: (732) 253-7630
     Fax: (732) 253-7632
     E-mail: lawfirm@kasuribyck.com

                   About Cargo Doctor Express, Inc.

Cargo Doctor Express Inc., filed a Chapter 11 bankruptcy petition
(Bankr. D.N.J. Case No. 17-11153) on January 19, 2017, disclosing
under $1 million in both assets and liabilities. The Debtor is
represented by Harrison Ross Byck, Esq., at the Law Office of
Kasuri Byck, LLC.



CARRINGTON FARMS: Intends to Use Granite Bank Cash Collateral
-------------------------------------------------------------
Carrington Farms Condominium Owners' Association seeks
authorization from the U.S. Bankruptcy Court for the District of
New Hampshire to use its accounts and other cash collateral for the
period beginning on March 27, 2017 and ending on May 31, 2017..

The Debtor intends to use cash collateral to pay the costs and
expenses provided for in the Budget.  The Budget projects the use
and expenditure of $170,464 during the usage period, which amount
includes adequate protection payments due to Granite Bank and legal
fees, which are estimated to be $11,500.

The Debtor is indebted to Colebrook Bank n/k/a Granite Bank in the
principal sum of $502,000, which is secured by all of the Debtor's
deposit accounts, including bu not limited to, demand, time,
savings, passbook and similar accounts held at Granite Bank, an
assignment of the right to asses and collect condominium fees, and
all proceeds and products of these collateral.

Granite Bank assents to the Debtor's use of cash collateral to pay
its snow plowing company for postpetition services and insurance
premiums that become due post-petition.

Consequently, the Debtor proposes to grant Granite Bank replacement
security interests and liens in, to and on the collateral with the
same perfection and priority that it had in such assets prior to
the Petition Date, and the Debtor's postpetition assets of the same
kinds, nature and types as the collateral of Granite Bank, as well
as the proceeds thereof.

A full-text copy of the Debtor's Motion, dated March 28, 2017, is
available at https://is.gd/tHmTMB

A copy of the Proposed Order and Budget is available at
https://is.gd/gDnU0K

       About Carrington Farms Condominium Owners

Carrington Farms Condominium Owners' Association filed a Chapter 11
bankruptcy petition (Bankr. D.N.H. Case No. 17-10137) on Feb. 3,
2017.  The petition was signed by Gary Woscyna, President.  At the
time of filing, the Debtor estimated $100,000 to $500,000 in assets
and $500,000 to $1 million in liabilities.  William S. Gannon,
Esq., at William S. Gannon PLLC, is serving as counsel to the
Debtor.


CARTEL MANAGEMENT: Hires Hartnett Smith as Special Counsel
----------------------------------------------------------
Cartel Management, Inc., and Titans of Mavericks, LLC, seek
permission from the U.S. Bankruptcy Court for the Central District
of California to employ Hartnett, Smith & Paetkau as special
counsel.

Cartel Management, Inc. ("CMI") and Titans work collectively to
promote, organize, and host the event.

CMI is wholly owned by Griffin Guess. Mr. Guess is also the
President and sole member of the Board of Directors of CMI.

In 2015, Mr. Guess created Titans to hold the intellectual
properties and handle the actual day to day tasks related to the
organization of the Titans of Mavericks surf event. Mr. Guess is
the sole manager and member of Titans.

CMI and Titans together promote, organize, and host one of the most
famous sporting events in "big wave" surfing, known as "Titans of
Mavericks" at the Pacific Ocean surf break popularly known as
"Maverick's" located near Half Moon Bay, California, just south of
San Francisco.

The Debtors faced operating difficulties arising from delayed
sponsor payments, political complications, costly litigation and
the need to maintain their necessary permits in the face of
continuing efforts by certain third parties to negatively affect
the Debtors.

HSP has represented and counseled the Debtors, Griffin Guess, and
Brian Waters, and continues to represent and counsel the Debtors,
regarding certain proceedings, including administrative proceedings
before the San Mateo County Harbor District, the California Coastal
Commission, the San Mateo County Planning and Building Department,
and National Oceanic and Atmospheric Administration.

The Debtors require Hartnett Smith to:

     a. advise the Debtors with regard to the requirements to apply
for and obtain all necessary permits, licenses and approvals to
operate the annual "big wave" surfing competition at Mavericks in
Half Moon Bay;

     b. represent the Debtors in any proceeding or hearing
involving permits and licenses to operate the annual "big wave"
surfing competition at Mavericks in Half Moon Bay unless the
Debtors are represented in such proceeding or hearing by other
special counsel; and

     c. perform any other services that may be appropriate in HSP's
representation of the Debtors during their bankruptcy cases.

Hartnett Smith lawyers who will work on the Debtors' cases and
their hourly rates are:

      Tyler Paetkau                  $500
      Charles J. Smith               $500

Hartnett Smith states that, pre-petition, the Debtors incurred
$101,309.82 in attorney's fees and costs for professional services
performed by HSP, for which HSP invoiced the Debtors on October 31,
2016; November 30, 2016; December 31, 2016; and January 31, 2017.
On July 28, 2016, the Debtors paid HSP a $2,000 retainer deposit,
and on October 31, 2016, the Debtors paid HSP a $10,000 retainer
deposit, which retainers have been exhausted. Accordingly, HSP has
advised the Debtors that it is owed $89,309.82 in pre-petition fees
and expenses.

Hartnett Smith is an general unsecured creditor of the Debtors in
connection with unpaid attorney's fees and costs for professional
services performed by HSP prior to the Debtors' bankruptcy
filings.

HSP submits that HSP's concurrent representation of both Debtors,
and prior representations of the Debtors, Mr. Guess and Mr. Waters
creates no conflict of interest that will prevent HSP from
effectively representing the Debtors' estates and that having
separate law firms representing the Debtors is a completely
impractical option, both from an economic and logistical
perspective. HSP will not represent either of the Debtors, Mr.
Guess or Mr. Waters in connection with claims (if any) that they
have against each other. If any actual conflict arises in the
future in this regard (which HSP does not expect to be the case),
HSP will coordinate with the Debtors to associate in special
conflicts counsel.

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

Tyler Paetkau, Esq., attorney with the law firm of Hartnett, Smith
& Paetkau, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtors and
their estates.

Hartnett Smith may be reached at:

      Tyler Paetkau, Esq.
      Hartnett, Smith & Paetkau
      777 Marshall Street
      Redwood City, CA 94063
      Tel: 650.568.2820

               About Cartel Management Inc.

Cartel Management, Inc. and Titans of Mavericks, LLC filed Chapter
11 petitions (Bankr. C.D. Cal. Lead Case No. 17-11179) on Jan. 31,
2017.  The petitions were signed by Griffin Guess, president of
Cartel.

Judge Deborah J. Saltzman presides over the cases. The Debtors are
represented by David L. Neale, Esq., at Levene, Neale, Bender, Yoo
& Brill LLP, in Los Angeles, California.  

At the time of filing, Cartel estimated assets of less than $1
million and estimated liabilities of $1 million to $10 million.
Titans estimated assets of less than $50,000 and liabilities of
less than $500,000.  

Cartel and Titans, together, promote, organize and host one of the
most famous sporting events in "big wave" surfing known as "Titans
of Mavericks" at the Pacific Ocean surf break popularly known as
"Maverick's" located near Half Moon Bay, California.


CEETOP INC: Will Need Additional Time to File Form 10-K
-------------------------------------------------------
Ceetop Inc. notified the U.S. Securities and Exchange Commission
that it cannot file its Dec. 31, 2016, Form 10-K within the
prescribed time period because management has not completed the
process of gathering and analyzing the financial information that
will be included in the Company's Form 10-K for the period ending
Dec. 31, 2016.

                       About Ceetop Inc.

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

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

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

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


CHARLES STREET: Unsecureds' Recovery Unknown Under 3rd Plan
-----------------------------------------------------------
Charles Street African Methodist Episcopal Church of Boston filed
with the U.S. Bankruptcy Court District of Massachusetts a
disclosure statement dated March 27, 2017, referring to the
Debtor's third plan of reorganization.

Class 4 OneUnited RRC Secured Claim -- estimated at not more than
$3.3 million -- is impaired by the Plan.  The holder will recover
100%.  

Class 9 General Unsecured Claims -- estimated at $783,000 -- are
impaired by the Plan.  Holders will receive pro rata share of the
unsecured recovery pool.  Each holder of a General Unsecured Claim
will receive, in full satisfaction and discharge of the claim, its
pro rata share of the unsecured recovery pool, on or as soon as
practicable after the latest of (x) the Effective Date, (y) the
date on which the General Unsecured Claim becomes allowed, and (z)
other date as mutually may be agreed to by and among the holder and
the Debtor.

On the Effective Date, (i) the OneUnited Church Secured Claim will
be reduced, on a dollar for dollar basis, by the amount of the
Milton Proceeds and Storefronts Proceeds; (ii) if the RRC Proceeds
have not previously been applied pursuant to order of the Court,
the OneUnited RRC Secured Claim will be reduced, on a dollar for
dollar basis, by the amount of the RRC Proceeds, less any amounts
paid to satisfy the City of Boston Tax Claim; and (iii) the Milton
Proceeds, the Storefronts Proceeds, and the RRC Proceeds, less any
amounts paid to satisfy the City of Boston Tax Claim, will become
property of OneUnited and, subject to any orders of the Court
following the filing of a notice of attorneys' lien pursuant to
Section 4.1(b), Choate shall retain in escrow the Milton Proceeds,
the Storefronts Proceeds, and the RRC Proceeds, less any amounts
paid to satisfy the City of Boston Tax Claim, to be released only
on further order of the Court.

If OneUnited makes a settlement election not later than 4:30 p.m.
prevailing Boston time on the third business day after entry of the
Disclosure Statement court order (i) the definition of "New Church
Note" will be deemed amended to provide that: (a) the amount of
allowed legal fees shall be $450,000, and will not be determined by
the Court, (b) the maturity of the note will be 10 years (with a
30-year amortization), and (c) the interest rate will be 5.0% and
(ii) the definition of each of the "New Parsonage Note" and the
"New Parking Lot Note" will be deemed amended to provide that: (a)
the maturity of the note will be 10 years (with a 30-year
amortization) and (b) the interest rate will be 5.0%.

The Disclosure Statement is available at:

            http://bankrupt.com/misc/mab12-12292-965.pdf

                         About Charles Street

Charles Street African Methodist Episcopal Church --
http://www.csrrc.org/-- is located in Roxbury, Massachusetts. The

Church is to advocate for the needs of community residents and to
strengthen individuals, families, and the community by providing
social, educational, economic, and cultural services.

The Church filed for Chapter 11 protection (Bankr. D. Mass. Case
No. 12-12292) on March 20, 2012, to prevent its lenders, OneUnited
Bank, from foreclosing on a $1.1 million loan and auctioning off
the church.

The Debtor estimated both assets and debts of between $1 million
and $10 million.

The church is being represented by the Boston firm Ropes & Gray
LLP, which is working free of charge.  AlixPartners, LLP, serves as
restructuring advisors.

David S. Williams, CEO of Deloitte Financial Advisory Services LLP,
was appointed Examiner.

The Debtor tapped Steven G. Elliott as a commercial and residential
real estate appraiser for purposes of providing expert appraisal
testimony.


CHESAPEAKE ENERGY: Notifies Noteholders of Repurchase Option
------------------------------------------------------------
Chesapeake Energy Corporation announced that it is notifying
holders of its 2.5% Contingent Convertible Senior Notes due 2037
that they have the option, pursuant to the terms of the Notes, to
require Chesapeake to purchase on May 15, 2017, all or a portion of
such holders' Notes.  The repurchase price is equal to 100% of the
aggregate principal amount of the Note, together with accrued but
unpaid interest thereon, up to but not including the Repurchase
Date, provided that interest payable on May 15, 2017, will be paid
to the holders in whose names the Notes are registered at the close
of business on May 1, 2017, the record date prior to the Repurchase
Date.  Payment of the Repurchase Price will be made on May 16,
2017, which is the next succeeding business day following the
Repurchase Date.  If all outstanding Notes are surrendered for
repurchase, the aggregate cash repurchase price will be
approximately $14,760,000.  Chesapeake intends to fund the
Repurchase Price using available cash.

The Repurchase Option commenced March 30, 2017, and expires at 5:00
p.m., New York time, on May 10, 2017.  Holders may exercise the
Repurchase Option by delivering a repurchase notice to The Bank of
New York Mellon, the paying agent, before 5:00 p.m., New York time,
on May 10, 2017.  Holders may withdraw their election to exercise
their Repurchase Option at any time prior to 5:00 p.m., New York
time, on May 12, 2017, which is the business day immediately
preceding the Repurchase Date.  In order to exercise the Repurchase
Option, or withdraw Notes previously surrendered, a holder must
follow the additional procedures set forth in the notice that is
being sent to all registered holders of the Notes.

The Notes are convertible upon the occurrence of certain conditions
into cash and a number of shares of common stock of Chesapeake
determined as specified in the Notes and related indenture.
However, the Notes are not currently convertible because the
conditions have not been satisfied.

Chesapeake filed a Tender Offer Statement on Schedule TO with the
Securities and Exchange Commission.  Chesapeake will make available
to holders of the Notes, directly or through the Depository Trust
Company, documents specifying the terms, conditions and procedures
for surrendering and withdrawing Notes for repurchase (copies of
which will be attached as exhibits to such Schedule TO).  Note
holders are encouraged to read these documents carefully before
deciding whether to exercise their Repurchase Option.  Holders of
the Notes and other interested parties may obtain a free copy of
these documents at the Securities and Exchange Commission’s
website, www.sec.gov, or from the trustee, which is The Bank of New
York Mellon.

The address for The Bank of New York Mellon is:

   The Bank of New York Mellon Trust Company, N.A.
   2 N. LaSalle Street, Suite 1020
   Chicago, IL 60602

   Attention: Corporate Trust Administration
   Fax: (312) 827-8542

                   About Chesapeake Energy

Headquartered in Oklahoma City, Chesapeake Energy Corporation's
(NYSE: CHK) operations are focused on discovering and developing
its large and geographically diverse resource base of
unconventional oil and natural gas assets onshore in the United
States.  The company also owns oil and natural gas marketing and
natural gas gathering and compression businesses.

Chesapeake Energy reported a net loss available to common
stockholders of $4.92 billion on $7.87 billion of total revenues
for the year ended Dec. 31, 2016, compared to a net loss available
to common stockholders of $14.85 billion on $12.76 billion of total
revenues for the year ended Dec. 31, 2015.

As of Dec. 31, 2016, Chesapeake had $13.02 billion in total assets,
$14.23 billion in total liabilities and a total deficit of $1.20
billion.

                             *    *    *

As reported by the TCR on Jan. 25, 2017, S&P Global Ratings raised
its corporate credit rating on Oklahoma City-based exploration and
production company Chesapeake Energy Corp. to 'B-' from 'CCC+, and
removed the ratings from CreditWatch with positive implications
where S&P placed them on Dec. 6, 2016.  The rating outlook is
positive.

The TCR reported on Dec. 8, 2016, that Moody's upgraded
Chesapeake's Corporate Family Rating to Caa1 from Caa2, its second
lien secured notes rating to Caa1 from Caa2, and affirmed its
senior unsecured notes rating at Caa3.


CHIEFTAIN STEEL: Unsecureds to Recover 10% Under Latest Plan
------------------------------------------------------------
Chieftain Steel, LLC, and Floyd Industries, LLC, filed with the
U.S. Bankruptcy Court for the Western District of Kentucky an
amended disclosure statement with respect to its first amended
joint plan of reorganization, dated March 24, 2017.

Under the latest plan, holders of Allowed Class 4 General Unsecured
Claims will receive their pro rata share of the proceeds of the
Liquidating Trust Assets, less the reasonable administrative
expenses of the Liquidating Trustee and his professionals, which
will be satisfied from the proceeds of the Liquidating Trust
Assets.  Distributions to holders of Allowed General Unsecured
Claims will be made as soon as practicable as the Liquidating
Trustee may determine in his sole discretion. The receipt of all
Distributions contemplated and directed hereunder will be in full
and complete satisfaction of the General Unsecured Claims.

Estimated return for General Unsecured Claimants is 10%.

The initial plan proposed to pay General Unsecured Creditors a
distribution equal to its pro rata share of 25% of the companies'
net profits for five consecutive years.

The latest plan will be funded from the Fixed Payments by the
Reorganized Debtors; Net Income of the Reorganized Debtor; and the
Causes of Action of the Debtors on the terms and conditions stated
in the Plan.

The Troubled Company Reporter previously reported that the initial
plan will be funded from the net profits of the reorganized
companies and causes of action, according to the disclosure
statement, which explains the plan.

The Amended Disclosure Statement is available at:

        http://bankrupt.com/misc/kywb16-10407-224.pdf

                 About Chieftain Steel

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

The official committee of unsecured creditors retained Fox
Rothschild LLP as its legal counsel, Bingham Greenebaum Doll LLP
as
its local counsel, and Phoenix Management Services, LLC as its
financial advisor.

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

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

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

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


CHINA FISHERY: Trustee Taps Development Specialists as Accountant
-----------------------------------------------------------------
William A. Brandt, Jr., the Chapter 11 Trustee of China Fishery
Group Limited (Cayman), et al., seeks authority from the U.S.
Bankruptcy Court for the Southern District of New York to employ
Development Specialists, Inc. as accountant to the Trustee.

The Trustee requires Development Specialists to:

   (a) assist the Trustee in the preparation of financial-related
       Disclosures required by the bankruptcy Court, including
       any potential Revisions or adjustments to the Debtor's
       Schedules of Assets and Liabilities, any potential
       revisions or adjustments to Statements of Financial
       Affairs, Monthly Operating Reports, and Rule 2015.3
       Reports;

   (b) assist in the preparation and review of the Debtors'
       Financial information, including, but not limited to,
       analyses of cash receipts and disbursements, financial
       statement items, and proposed transactions for which the
       bankruptcy Court approval is sought;

   (c) prepare enterprise, asset, and liquidation valuations;

   (d) assist with the analysis, tracking and reporting regarding
       any financing arrangements and budgets;

   (e) assist with identifying and implementing potential cost
       containment opportunities;

   (f) assist in the review of the business and financial
       condition of the Debtors generally;

   (g) coordinate efforts to obtain debtor-in-possession
       financing and financing for the Peruvian OpCos;

   (h) attend meetings and assist in discussions with potential
       investors, banks, and other lenders, any official
       committees appointed in the Chapter 11 Cases, the U.S.
       Trustee, the Securities and Exchange Commission, the
       Department of Justice, other parties in interest, and
       professionals hired by same, as requested;

   (i) communicate and negotiate with the administrators for the
       various Debtor estates and creditor constituents to aid
       the Trustee in maximizing recovery for all stakeholders;

   (j) assist in the preparation of information and analysis
       necessary for the confirmation of a Chapter 11 plan,
       including information contained in the disclosure
       statement, if confirmation of a plan is found to be
       advisable by the Trustee;

   (k) provide forensic accounting services necessary to
       determine the disposition of the Debtors' assets and
       assist counsel in the development of litigation claims
       which may be property of the estates;

   (l) manage the facilitation and coordination and data exchange
       between the various worldwide administrations;

   (m) participate in the negotiation, reconciliation, and
       resolution of intercompany claims asserted by CFG Peru
       Singapore against other Debtors and assess the
       distributable value that will flow from those entities to
       the Chapter 11 estates;

   (n) coordinate the sale of non-core assets;

   (o) coordinate the sale of the Peruvian OpCos;

   (p) coordinate workflow administration between the Trustee's
       professionals, creditor constituencies and their
       professionals, and the various Chapter 11 estates;

   (q) assist the Trustee with the day-to-day, short-term and
       long-term management of the bankruptcy process, including
       evaluation of strategic and tactical options with respect
       to any related insolvency administrations throughout the
       world, as well as management of the reorganization of
       operations and sale of Debtor's assets; and

   (r) render such other assistance as the Trustee or his
       retained professionals may deem necessary consistent with
       the role of an accountant to the extent that it would not
       be duplicative of services provided by other professionals
       in the bankruptcy proceeding.

Development Specialists will be paid at these hourly rates:

     Robert Weiss                  $650
     Patrick J. O'Malley           $615
     Steven L. Victor              $595
     Yale S. Bogen                 $475
     Matthew P. Sorenson           $395
     Shelly Cuff                   $315
     William G. Brandt             $195

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

William A. Brandt, Jr., president and CEO of Development
Specialists, Inc., assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and (a) is not creditors, equity security
holders or insiders of the Debtor; (b) has not been, within two
years before the date of the filing of the Debtor's chapter 11
petition, directors, officers or employees of the Debtor; and (c)
does not have an interest materially adverse to the interest of the
estate or of any class of creditors or equity security holders, by
reason of any direct or indirect relationship to, connection with,
or interest in, the Debtor, or for any other reason.

Development Specialists can be reached at:

     William A. Brandt, Jr.
     DEVELOPMENT SPECIALISTS, INC.
     110 East 42nd Street, Suite 1818
     New York, NY 10017
     Tel: (212) 425-4141
     Fax: (212) 425-9141

            About China Fishery Group Limited (Cayman)

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

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

Weil, Gotshal & Manges LLP has been tapped to serve as lead
bankruptcy counsel for China Fishery and its affiliates other than
CFG Peru Investments Pte. Limited (Singapore). Weil Gotshal
replaces Meyer, Suozzi, English & Klein, P.C., the law firm
initially hired by the Debtors. The Debtors have also tapped
Klestadt Winters Jureller Southard & Stevens, LLP as conflict
counsel; Goldin Associates, LLC, as financial advisor; and RSR
Consulting LLC as restructuring consultant.

On November 10, 2016, William Brandt, Jr. was appointed as Chapter
11 trustee for CFG Peru Investments Pte. Limited (Singapore), one
of the Debtors.  Skadden, Arps, Slate, Meagher & Flom LLP serves as
the trustee's bankruptcy counsel; Hogan Lovells US LLP serves as
special counsel; and Quinn Emanuel Urquhart & Sullivan, LLP serves
as special litigation counsel.



COLORADO GREENHOUSE: Trustee Taps Asset Finders as Consultant
-------------------------------------------------------------
Jeffrey A. Weinman, the Chapter 11 Trustee of Colorado Greenhouse
Holdings, Inc., et al., seek authority from the U.S. Bankruptcy
Court for the District of Colorado to employ Asset Finders to
render property recovery service to the Debtors.

On January 19, 2017, the Trustee filed a Motion to Reopen Chapter
11 Case following the discovery of certain funds related to
Debtors' bankruptcy estate. A portion of the Discovered Assets are
being held by the Colorado Lost Property Division (the "Colorado
Treasury Funds"). On January 31, 2017, this Court issued an order
granting the Motion to Reopen.

Colorado Greenhouse requires Asset Finders to:

   a. recover old, dormant, or abandoned accounts that are
      currently being held by various government agencies; and

   b. assist the Trustee in carrying out duties of the Trustee
      under the Plan and administering the Colorado Treasury
      Funds.

Asset Finders will be paid a fee of $9,000.

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

Sheryl Del Gigante, president of Asset Finders, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and (a) is not creditors,
equity security holders or insiders of the Debtor; (b) has not
been, within two years before the date of the filing of the
Debtor's chapter 11 petition, directors, officers or employees of
the Debtor; and (c) does not have an interest materially adverse to
the interest of the estate or of any class of creditors or equity
security holders, by reason of any direct or indirect relationship
to, connection with, or interest in, the Debtor, or for any other
reason.

Asset Finders can be reached at:

     Sheryl Del Gigante
     ASSET FINDERS
     59 Beech Tree Lane
     Monroe, CT 06468
     Tel: (203) 470-5550
     E-mail: assetfinders1@gmail.com

          About Colorado Greenhouse Holdings, Inc.

Colorado Greenhouse Holdings, Inc. and its affiliated predecessors,
filed a Chapter 11 petition (Bankr. D. Colo. Case No. 00-11099-MER)
on February 7, 2000.

The Debtors filed their Second Amended Joint Plan on April 13,
2001, and the Bankruptcy Court entered its Confirmation Order
confirming the Plan on July 27, 2001. The Plan established a
Liquidation Trust Agreement and named Jeffrey A. Weinman as Trustee
for the Liquidation Trust.

On June 16, 2004, the Trustee filed his Chapter 11 Final Report and
Application for Final Decree. On July 27, 2004, the Bankruptcy
Court issued a Final Decree. On September 24, 2004, the Court
closed the Bankruptcy Case.


COLORFX INC: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------
Debtor: ColorFX, Inc.
        11050 Randall Street
        Sun Valley, CA 91352

Case No.: 17-10830

Business Description: Founded in 1995, ColorFX, Inc. --
                      http://www.colorfxweb.com/-- provides  
                      retail and wholesale commercial
                      printing services.

Chapter 11 Petition Date: March 31, 2017

Court: United States Bankruptcy Court
       Central District of California (San Fernando Valley)

Judge: Hon. Victoria S. Kaufman

Debtor's Counsel: Lewis R Landau, Esq.
                  LEWIS R. LANDAU, ATTORNEY AT LAW
                  22287 Mulholland Hwy., # 318
                  Calabasas, CA 91302
                  Tel: 888-822-4340
                  Fax: 888-822-4340
                  E-mail: Lew@Landaunet.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Yolanda Avedissin, president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/cacb17-10830.pdf


COMPREHENSIVE VASCULAR: Hires Dentons US as Counsel
---------------------------------------------------
Comprehensive Vascular Surgery of Georgia, Inc., seeks authority
from the U.S. Bankruptcy Court for the Northern District of Georgia
to employ Dentons US LLP as counsel to the Debtor.

Comprehensive Vascular requires Dentons US to:

   a. prepare pleadings, motions, applications, and related
      papers;

   b. advise the Debtor of its rights, duties and obligations as
      a debtor-in-possession;

   c. consult with the Debtor and represent the Debtor with
      respect to the disposition of the bankruptcy case,
      including any potential Chapter 11 plan;

   d. perform legal services incidental and necessary to the day-
      to-day operations of the Debtor's business, including to
      institute and prosecute necessary legal proceedings, and
      general business and corporate legal advice and assistance;
      and

   e. take any and all action incident to the proper preservation
      and administration of the Debtor's estate and business.

Dentons US will be paid at these hourly rates:

     Gary W. Marsh, Partner             $675
     Bryan E. Bates, Partner            $575
     Sarah Schrag, Associate            $345

The Debtor's principal and 100% equity owner, Albert T. Tagoe, paid
Dentons US a pre-petition retainer of $46,928.18. Dentons US
received payment of $17,824.50 for services rendered relating to
the bankruptcy case, leaving a balance of $29,138.18.

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

Bryan E. Bates, partner of Dentons US LLP, assured the Court that
the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Dentons US can be reached at:

     Bryan E. Bates, Esq.
     DENTONS US LLP
     303 Peachtree Street, Suite 5300
     Atlanta, GA 30308
     Tel: (404) 527-4073
     Fax: (404) 527-4198
     E-mail: bryan.bates@dentons.com

                   About Comprehensive Vascular
                      Surgery of Georgia, Inc.

Comprehensive Vascular Surgery of Georgia, Inc. filed a Chapter 11
petition (Bankr. N.D. Ga. Case No. 17-53761) on March 1, 2017, and
is represented by Bryan E. Bates, Esq., at Dentons US LLP.

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

The petition was signed by Albert T. Tagoe, M.D., CEO.


COMPREHENSIVE VASCULAR: Hires Shane as Real Estate Broker
---------------------------------------------------------
Comprehensive Vascular Surgery of Georgia, Inc., seeks authority
from the U.S. Bankruptcy Court for the Northern District of Georgia
to employ Shane Investment Property Group, LLC, as commercial real
estate broker to the Debtor.

Comprehensive Vascular requires Shane to:
medical office building located at 150 Country Club Drive,
Stockbridge, Georgia.

Shane will be paid at a commission of 4% of the purchase price.

Andy Sutton, vice president of Shane Investment Property Group,
LLC, assured the Court that the firm is a "disinterested person" as
the term is defined in Section 101(14) of the Bankruptcy Code and
does not represent any interest adverse to the Debtor and its
estates.

Shane can be reached at:

     Andy Sutton
     SHANE INVESTMENT PROPERTY GROUP, LLC
     5755 North Point Parkway, Suite 262
     Alpharetta, GA 30022
     Tel: (770) 481-1960
     Fax: (770) 481-1961

                   About Comprehensive Vascular
                      Surgery of Georgia, Inc.

Comprehensive Vascular Surgery of Georgia, Inc. filed a Chapter 11
petition (Bankr. N.D. Ga. Case No. 17-53761) on March 1, 2017, and
is represented by Bryan E. Bates, Esq., at Dentons US LLP.

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

The petition was signed by Albert T. Tagoe, M.D., CEO.


CONNECT TRANSPORT: Trustee Taps Shattuck as Auctioneer
------------------------------------------------------
The Chapter 11 trustee for Connect Transport, LLC, filed an amended
application, seeking approval from the U.S. Bankruptcy Court for
the Northern District of Texas to hire an auctioneer.

Jason Searcy, the bankruptcy trustee, proposes to hire Shattuck,
LLC to assist him in the sale of six vehicles owned by Connect
Transport.

Shattuck will charge and collect a buyer's premium for each bidder
in the amount of 10% of their invoice.  The 10% buyer's premium
will be retained by the firm0 as its sole commission, and will be
due and payable upon consummation of the sale.  Meanwhile, Shattuck
will return 100% of the sale proceeds to Connect Transport.

Shattuck President Greg Shattuck disclosed in a court filing that
his firm is "disinterested" as defined in section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Greg Shattuck
     Shattuck, LLC
     650 Canion Street
     Austin, TX 78752
     Phone: (512) 482-0270

                     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.  The trustee hired Searcy & Searcy, P.C.
as bankruptcy counsel, and Foldetta, LLC as real estate broker.


COVINGTON PLACE: Case Summary & 6 Unsecured Creditors
-----------------------------------------------------
Debtor: Covington Place Associates, LLC
          DBA Covington Place Shopping Center
        27299 Riverview Center Boulevard, Suite 103
        Bonita Springs, FL 34134

Case No.: 17-02859

Nature of Business: The Debtor is a single asset real estate (as
                    defined in 11 U.S.C. Section 101(51B)) with
                    its principal assets located at 4060 Covington
                    Highway Decatur, GA 30032.

Chapter 11 Petition Date: April 3, 2017

Court: United States Bankruptcy Court
       Middle District of Florida (Ft. Myers)

Debtor's Counsel: Michael R Dal Lago, Esq.
                  DAL LAGO LAW
                  999 Vanderbilt Beach Road, Suite 200
                  Naples, FL 34108
                  Tel: (239) 571-6877
                  E-mail: mike@dallagolaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by William A. Abruzzino, managing member.

A copy of the Debtor's list of six unsecured creditors is available
for free at http://bankrupt.com/misc/flmb17-02859.pdf

Bankruptcy cases filed by a affiliates of the Debtor:

   Name/Court                Petition Date         Case No.
   ----------                -------------         --------
Center Designs, LLC            3/13/17             17-02045
Middle District of Florida,
Fort Myers Division

Emerald Grande, LLC            1/11/17             17-00021
Northern District of
West Virginia

Retail Designs, LLC            3/13/17             17-02044
Middle District of Florida,
Fort Myers Division

Tara Retail Group, LLC         1/24/17             17-00057
Northern District of West Virginia


CREATIVE REALITIES: Posts Fourth Quarter Revenues of $5.5 Million
-----------------------------------------------------------------
Creative Realities, Inc., announced its financial results for the
year ended Dec. 31, 2016, including the quarter ended as of the
same date.

Rick Mills, chief executive officer, remarked, "As we projected,
CRI demonstrated strong growth in the fourth quarter of 2016 in
both revenue and gross profit, which resulted in an operating
profit for the period.  We are pleased to meet our financial
guidance for the fourth quarter and for the year."

2016 Financial Overview

   * Revenues were $13.7 million for the year ended Dec. 31, 2016,
     growing by $2.2 million or 19% compared to 2015.
  
   * Gross profit was $6.9 million in 2016, up $3.3 million, or
     90%, compared to 2015.

   * Gross margin improved to 50% in 2016 compared to 32% in 2015.

Fourth Quarter Financial Highlights

   * Revenues were $5.5 million for the three-month period ended
     Dec. 31, 2016, an increase of 68% compared to the same period
     in 2015, and up 103% sequentially.

   * Gross profit was $2.7 million for the fourth quarter 2016, up
     $1.7 million, or 180%, for the corresponding period in the
     prior year.

   * Gross margin improved to 49% of revenue for the fourth
     quarter of 2016, marking continued improvement from 29% in
     the prior year.

   * CRI generated operating profit of $0.2 million and EBITDA of
     $0.6 million.

   * Two large non-cash expenses below the operating line,
     including a $1.6 million expense for change in warrant
     liability and a $0.4 million charge in non-cash interest
     expense and other expense.

Mr. Mills continued, "We intend to build on this base of financial
performance in 2017, as we have completed implementation of our
organizational plan.  We have expanded to five locations across the
US, and have reorganized functions and facilities to better meet
our needs.  We have transitioned all of our internal and
customer-facing financial and reporting systems to those that are
cloud-based, which are cost effective and dynamic.  This has proved
especially important as we build our sales and marketing team to
deliver new programs, with three new sales people added in the
second half of 2016."

"The investment in expanding our sales activities has been
productive," explained Mills.  We had some large new customer wins,
such as a major health and beauty brand creating its retail
flagship in New York City, and significant follow-on orders from
existing customers - a good example being one of our
telecommunications customers, which ordered additional services in
the final quarter of the year."

2017 Financial Guidance

The Company is reaffirming its financial guidance provided in
connection with an investor presentation at a financial conference
in January 2017 (which is available on its website at www.cri.com),
and providing guidance for 1Q17.

   * Organic revenue growth (i.e. excluding acquisitions) to
     exceed 90%, equivalent to FY17 revenue of $26 million.

   * 1Q17 revenue guidance of $6.2-6.3 million, indicating +150%
     growth over prior year

   * 1Q17 positive operating profit and EBITDA.

The Company's balance sheet has continued to improve in the first
months of 2017, with a sizeable increase in cash and cash
equivalents from the collection of receivables and the receipt of
license payments.  The Company's issue of $4.3 million of senior
secured debt was purchased in the fourth quarter by an affiliate of
Pegasus Capital Partners, CRI's largest shareholder.

Mr. Mills concluded, "It is our intent to move rapidly forward as a
leading consolidator in the industry.  The future of digital
signage has never been more exciting with screens of all sizes,
types and shapes being installed everywhere.  What is out there now
is, in our view, the tip of the iceberg.  Industry analysts suggest
the market contains as many as 600 digital signage content
management providers.  We see consolidation happening as many of
these providers have high cost structure, high customer acquisition
cost, and have chased market share at the expense of profitability.
We are confident the CRI brand will win on the basis of a more
efficient cost structure that arise as a result of scale and
experience, market reach, and channel relationships."

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

                    https://is.gd/17qZxO

                 About Creative Realities, Inc.

Creative Realities, Inc., is a Minnesota corporation that provides
innovative shopper marketing and digital marketing technology and
solutions to retail companies, individual retail brands,
enterprises and organizations throughout the United States and in
certain international markets.  Creative Realities have expertise
in a broad range of existing and emerging shopper and digital
marketing technologies, as well as the related media management
and
distribution software platforms and networks, device management,
product management, customized software service layers, systems,
experiences, workflows, and integrated solutions.  Its technology
and solutions include: digital merchandising systems and
omni-channel customer engagement systems, interactive digital
shopping assistants, advisors and kiosks, and other interactive
marketing technologies such as mobile, social media, point-of-sale
transactions, beaconing and web-based media that enable its
customers to transform how they engage with consumers.

Creative Realities reported a net loss attributable to common
shareholders of $6.37 million on $13.67 million of total sales
compared to a net loss attributable to common shareholders of $8.31
million on $11.47 million of total sales for the year ended Dec.
31, 2015.

As of Dec. 31, 2016, Creative Realities had $24.41 million in total
assets, $18.51 million in total liabilities, $3.92 million in
convertible preferred stock and $1.97 million in total
shareholders' equity.


CROFCHICK INC: PA Revenue Dep't Supports Approval of Plan Outline
-----------------------------------------------------------------
The Commonwealth of Pennsylvania, Department of Revenue, filed a
response to the Second Amended disclosure statement and the second
amended chapter 11 plan of reorganization filed by Crofchick, Inc.,
saying it does not have any objections to the approval of the
Disclosure Statement and does not oppose its approval.

The Department notes that the Plan provides for the full payment of
its Proof of Claim.  The Plan also includes the provisions, which
the Department requested (to be included in any future Plan) in its
previous Objections to the Debtor's prior disclosure statements and
plans of reorganizations.

The disclosure statement also provides adequate information for the
Department to make an informed judgment regarding its acceptance of
the Plan.

The Department is represented by:

     Christos A. Katsaounis, Esq.
     Senior Counsel
     PA Department of Revenue
     Office of Chief Counsel
     P.O. Box 281061
     Harrisburg, PA 17128-1061
     Email: ckatsaouni@state.pa.us
     Telephone: (717) 346-4643
     Facsimile: (717) 772-1459

                  About Crofchick, Inc.

Crofchick, Inc., and Crofchick Realty, LLC, filed for Chapter 11
bankruptcy protection (Bankr. M.D. Pa. Case No. 15-03723 and
15-03724) on Aug. 30, 2015.  Tullio DeLuca, Esq., serves as the
Debtors' bankruptcy counsel.

On June 22, 2016, the Debtors each filed its Chapter 11 Small
Business Disclosure Statement and Chapter 11 Small Business Plan.


CS360 TOWERS: Trustee Taps Downey Brand as Legal Counsel
--------------------------------------------------------
The Chapter 11 trustee for CS360 Towers, LLC seeks approval from
the U.S. Bankruptcy Court for the Eastern District of California to
hire legal counsel.

Bradley Sharp, the bankruptcy trustee, proposes to hire Downey
Brand LLP to, among other things, administer the Debtor's estate,
and assist in the liquidation or reorganization of its assets.

Jamie Dreher, Esq., and Kelly Pope, Esq., the attorneys designated
to represent the trustee, will charge $425 per hour and $370 per
hour, respectively.

Downey Brand does not hold or represent any interest adverse to the
Debtor's estate, according to court filings.

The firm can be reached through:

     Jamie P. Dreher, Esq.
     Kelly L. Pope, Esq.
     Downey Brand LLP
     621 Capitol Mall, 18th Floor
     Sacramento, CA 95814-4731
     Tel: 916.444.1000
     Fax: 916.444.2100
     Email: jdreher@downeybrand.com
     Email: kpope@downeybrand.com

                       About CS360 Towers

CS360 Towers, LLC filed a Chapter 11 petition (Bankr. E.D. Cal.
Case No. 17-20731) on February 3, 2017. The petition was signed by
Mark D. Chisick, manager.  The case is assigned to Judge Robert S.
Bardwil.  The Debtor is represented by Stephan M. Brown, Esq. at
the Bankruptcy Group, P.C.  

At the time of filing, the Debtor had total assets of $18.46
million and total liabilities of $5.72 million.

Bradley Sharp of Development Specialists, Inc. was appointed as
Chapter 11 trustee on March 27, 2017.


CTI BIOPHARMA: Net Financial Standing at $17M as of Feb. 28
-----------------------------------------------------------
CTI BioPharma Corp. or CTI Parent Company reported total estimated
and unaudited net financial standing of $17 million as of Feb. 28,
2017.  The total estimated and unaudited net financial standing of
CTI Consolidated Group as of Feb. 28, 2017, was $18.3 million.

CTI Parent Company trade payables outstanding for greater than 30
days were approximately $4.9 million as of Feb. 28, 2017.  CTI
Consolidated Group trade payables outstanding for greater than 30
days were approximately $5.8 million as of Feb. 28, 2017.
During February 2017, there were solicitations for payment only
within the ordinary course of business and there were no
injunctions or suspensions of supply relationships that affected
the course of normal business.

During the month of February 2017, the Company's common stock, no
par value, outstanding decreased by 3 shares.  As a result, the
number of issued and outstanding shares of Common Stock as of
Feb. 28, 2017, was 28,225,792.

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

                   https://is.gd/DDzXwB

                    About CTI BioPharma

CTI BioPharma Corp. (NASDAQ and MTA: CTIC) --
http://www.ctibiopharma.com/-- formerly known as Cell
Therapeutics, Inc., is a biopharmaceutical company focused on the
acquisition, development and commercialization of novel targeted
therapies covering a spectrum of blood-related cancers that offer a
unique benefit to patients and healthcare providers. The Company
has a commercial presence in Europe and a late-stage
development pipeline, including pacritinib, CTI's lead product
candidate that is currently being studied in a Phase 3 program for
the treatment of patients with myelofibrosis.  CTI BioPharma is
headquartered in Seattle, Washington, with offices in London and
Milan under the name CTI Life Sciences Limited.

CTI Biophrma reported a net loss attributable to common
shareholders of $52 million on $57.40 million of total revenues for
the year ended Dec. 31, 2016, compared to a net loss attributable
to common shareholders of $122.6 million on $16.11 million of total
revenues for the year ended Dec. 31, 2015.

The Company's balance sheet at Dec. 31, 2016, showed $63.84 million
in total assets, $56.08 million in total liabilities and $7.75
million in total shareholders' equity.

"We will need to continue to conduct research, development, testing
and regulatory compliance activities with respect to our compounds
and ensure the procurement of manufacturing and drug supply
services, the costs of which, together with projected general and
administrative expenses, is expected to result in operating losses
for the foreseeable future.  Additionally, we have resumed primary
responsibility for the development and commercialization of
pacritinib as a result of the termination of the Pacritinib License
Agreement in October 2016, and we will no longer be eligible to
receive cost sharing or milestone payments for pacritinib's
development from Baxalta.  We have incurred a net operating loss
every year since our formation.  As of December 31, 2016, we had an
accumulated deficit of $2.2 billion, and we expect to incur net
losses for the foreseeable future.  Our available cash and cash
equivalents were $44.0 million as of December 31, 2016.  We believe
that our present financial resources, together with payments
projected to be received under certain contractual agreements and
our ability to control costs, will only be sufficient to fund our
operations into the third quarter of 2017. This raises substantial
doubt about our ability to continue as a going concern," the
Company stated in its annual report for the year ended Dec. 31,
2016.


CYTORI THERAPEUTICS: Registers 1,173,241 Shares of Common Stock
---------------------------------------------------------------
Cytori Therapeutics, Inc., filed with the Securities and Exchange
Commission a Form S-3 registration statement relating to the
issuance by the Company of 1,173,241 shares of common stock, par
value $0.001 per share.

The Company's common stock is listed on the NASDAQ Capital Market
under the symbol "CYTX." On March 23, 2017, the last reported sale
price of our common stock on the NASDAQ Capital Market was $1.64
per share.

A full-text copy of the regulatory filing is available at:
https://is.gd/WGrlww

                       About Cytori

Based in San Diego, California, Cytori Therapeutics (NASDAQ: CYTX)
-- http://www.cytori.com/-- is an emerging leader in providing
patients and physicians around the world with medical technologies,
which harness the potential of adult regenerative cells from
adipose tissue.  The Company's StemSource(R) product line is sold
globally for cell banking and research applications.


DAVAMADA INC: Court Approves Disclosure Statement
-------------------------------------------------
Brian K. Tester of the U.S. Bankruptcy Court for the District of
Puerto Rico approved Davamada, Inc.'s small business disclosure
statement in support of its plan of reorganization.

As previously reported, under the plan, each unsecured claim holder
under Class 3 will receive pro-rata distributions, as per the
allowed amounts. Based on the current allowed amounts, each claim
holder in Class 3 will receive approximately 1.72% of the allowed
amount.

A full-text copy of the Disclosure Statement dated October 14,
2016, is available at:

         http://bankrupt.com/misc/prb15-10223-124.pdf

                    About Davamada, Inc.

Davamada, Inc., filed for Chapter 11 bankruptcy protection (Bankr.
D.P.R. Case No. 15-10223) on Dec. 23, 2015.  Javier Vilarino,
Esq., at Vilarino & Associates LLC serves as the Debtor's
bankruptcy counsel.


DAVID SAPPINGTON: Vino Patel Buying Lancaster Property for $500K
----------------------------------------------------------------
David Carl Sappington and Patricia Ann Sappington ask the U.S.
Bankruptcy Court for the Eastern District of Virginia to authorize
the private sale of an unimproved parcel of real property commonly
known as 405 Hana Lane, Lancaster, Texas consisting of 5.39 acres
of farm land, to Vino Patel & Co. and/or Assigns for $500,000.

As of the Petition Date, the bankruptcy estate of Mrs. Sappington
and Pamela Carr (Mrs. Sappington's sister) ("Sellers"), jointly
owned the Texas Property as tenants.

Since the Petition Date, the Sellers have continued efforts to
market and liquidate the Texas Property.

On May 14, 2015, the Court entered an order approving Seller's
Motion to sell the Texas Property for $650,000.  On Sept. 11, 2105,
the prospective purchasers gave notice they were terminating the
contract because they found the Texas Property unsuitable for their
intended purposes.

By Order entered June 21, 2016, the Court approved the Disclosure
Statement, dated March 8, 2016 and confirmed the Plan of
Reorganization, dated March 8, 2016.

The Plan proposed, among other things, to sell the Texas Property
by traditional listing or public auction retained jurisdiction of
the Court over the Property; and retained jurisdiction of this
Court to enforce the provisions, purposes and intent of the Plan.

By Order entered Aug. 1, 2016, the Court granted Seller's
application to employ DFW Trinity Advisors LLC (trading as SVN –
Trinity Advisors) as real estate agent/auctioneer to assist in
selling the Texas Property, approved the Commercial Real Estate
Listing Agreement and ordered that DFW Trinity Advisors may be
compensated as set forth in the Listing Agreement without further
order of the Court.

It appears that DFW Trinity Advisors (a member of Sperry Van Ness
Commercial Real Estate Advisors) is using Motley's Auctions, Inc.
(also a member of Sperry Van) to assist in the sale of the Texas
Property.

The Sellers have entered into a Commercial Contract – Unimproved
Property with the Purchaser, undated.  The Contract did not contain
a legal description of the Texas Property.

The Contract calls for the sale of the Texas Property to Purchaser
for a total purchase price of $500,000.  The Buyer has 120 days to
conduct its due diligence.  Upon information and belief, the Buyer,
at its expense, will seek to have the property rezoned for
apartment/senior living.

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

              
http://bankrupt.com/misc/David_Sappington_102_Sales.pdf

According to a prior title commitment, the Texas Property is not
encumbered with any liens except for several Privileged Liens in
favor of the City of Lancaster, Texas which at the time totalled
approximately $4,295 for maintenance of the Property.  The Purchase
Price is an amount sufficient to satisfy all liens against the
Property, and the co-owner (Ms. Carr) consents to the sale of the
Property.

The Debtors ask the Court to an Order: (i) finding that the
contemplated transfer of the Texas Property is in furtherance of,
and in connection with, the Plan, and thus is exempt from recording
tax; (ii) granting the Motion; (iii) approving the sale of the
Texas Property, in accordance with the terms of the Plan, dated
March 8, 2016, the [Confirmation] Order entered June 21, 2016, and
the Commercial Contract – Unimproved Property; (iv) authorizing
the sale of Texas Property free and clear of all liens, claims,
encumbrances and interest; (v) authorizing the Sellers to pay
settlement costs and expenses (including broker's commission(s)) at
closing from the sale proceeds; and (g) waiving the 14-day waiting
period imposed by Federal Rule of Bankruptcy Procedure 6004(h),
thereby allowing parties to proceed with the sale of the Texas
Property immediately upon entry of the Order.

The Purchaser can be reached at:

         VINO PATEL & CO.
         1200 W Walnut Hill Ln #3300
         Irving, TX 75038
         Telephone: (972)740-9808
         E-mail: vlno@mphpartners.com

Counsel for the Debtors:

         John C. Smith, Esq.
         Roy M. Terry, Jr., Esq.
         SANDS ANDERSON PC
         P.O. Box 1998
         Richmond, VA 23218-1998
         Telephone: (804) 648-1636

David Carl Sappington and Patricia Ann Sappington sought Chapter 11
protection (Bankr. E.D. Va. Case No. 15-30581) on Feb. 6, 2015.


DEFINITIONS PRIVATE: Voluntary Chapter 11 Case Summary
------------------------------------------------------
Debtor: Definitions Private Training Gyms, Inc.
          aka Definitions Funding Inc.
        C/O PovoL And Co.
        1981 Marcus Avenue, Suite C100
        New Hyde Park, NY 11042

Case No.: 17-10848

Nature of Business: The Debtor operates a private training gym out

                    of leased premises located at 19 Union Square
                    West, New York, New York.  The landlord of
                    the Premises is 17-19 Associates, LLC.  Due to
                    rising costs and an unexpected downturn in
                    business, the Debtor defaulted on its lease.
                    The Debtor filed for Chapter 11 protection
                    to preserve its rights under its lease with
                    17-19 Associates LLC.  The Debtor estimated
                    total income of $225,000 against total
                    estimated expenses of $205,169 for the next 30
                    days.

Chapter 11 Petition Date: March 31, 2017

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

Judge: Hon. James L. Garrity Jr.

Debtor's Counsel: Arnold Mitchell Greene, Esq.
                  ROBINSON BROG LEINWAND GREENE
                  GENOVESE & GLUCK, P.C.
                  875 Third Avenue, 9th Floor
                  New York, NY 10022
                  Tel: (212) 603-6300
                  Fax: (212) 956-2164
                  E-mail: amg@robinsonbrog.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Joseph B. Barron, president.

The Debtor failed to include a list of its 20 largest unsecured
creditors at the time of the filing.

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

          http://bankrupt.com/misc/nysb17-10848.pdf


DELCATH SYSTEMS: Incurs $18 Million Net Loss in 2016
----------------------------------------------------
Delcath Systems, Inc., filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing a net loss of
$17.97 million on $1.99 million of product revenue for the year
ended Dec. 31, 2016, compared to a net loss of $14.70 million on
$1.74 million of product revenue for the year ended Dec. 31, 2015.

The Company anticipates incurring additional losses until such
time, if ever, that it can generate significant sales.  On June 13,
2016, the Company issued an aggregate $35 million principal amount
of senior secured convertible notes.  As a result, Management
believes that its capital resources are adequate to fund operations
through the first quarter of 2018, but anticipates that additional
working capital will be required to continue operations.  The Notes
are payable in fourteen equal installments beginning in January
2017.  Although the Notes are payable through the issuance of
shares of the Company's common stock to the noteholders, its
ability to issue stock, instead of paying cash, to satisfy our
payment obligations under the Notes, is limited and subject to
various conditions (including trading volume and stock price
conditions for these Notes) that it may not be able to meet.

"If we cannot meet these conditions, we could be required to repay
some or all of the amounts due under the Notes in cash, and we may
not have the funds available to make one or more of such payments
when due.  Operations of the Company are subject to certain risks
and uncertainties, including, among others, uncertainty of product
development and clinical trial results; uncertainty regarding
regulatory approval; technological uncertainty; uncertainty
regarding patents and proprietary rights; comprehensive government
regulations; limited commercial manufacturing, marketing or sales
experience; and dependence on key personnel," the Company stated.

As of Dec. 31, 2016, Delcath had $35.23 million in total assets,
$36.72 million in total liabilities and a total stockholders'
deficit of $1.49 million.

Grant Thornton LLP, in New York, New York, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2016, citing that the Company has incurred recurring
losses from operations and as of Dec. 31, 2016, has an accumulated
deficit of $279.2 million.  These conditions, along with other
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/Cfp30B

                     About Delcath Systems

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.


DIAMONDHEAD CASINO: Will File Form 10-K Within Extension Period
---------------------------------------------------------------
Diamondhead Casino Corporation was unable to complete the
preparation of its annual report on Form 10-K for the year ended
Dec. 31, 2016, within the prescribed time period because it
experienced unforeseen delays in the collection and compilation of
certain financial and other data to be included in the report and
the associated audited financial statements and notes.  This
information could not have been obtained without unreasonable
effort or expense to the Company.  The Company said it is working
diligently to finalize this data and anticipates filing its Annual
Report on Form 10-K for the year ended Dec. 31, 2016, within the
prescribed period allowed by Rule 12b-25.

                    About Diamondhead Casino

Largo, Fla.-based Diamondhead Casino Corporation, from inception
through approximately August of 2000, operated gaming vessels in
international waters.  The Company eventually divested itself of
its gaming operations to satisfy financial obligations to its
vendors, lenders and taxing authorities and to focus its resources
on the development of a casino resort in Diamondhead, Mississippi.

The Company owns, through its wholly-owned subsidiary, Mississippi
Gaming Corporation, an approximate 404.5 acre tract of unimproved
land in Diamondhead, Mississippi.  The property is located at 7051
Interstate 10.  The Company intends, in conjunction with unrelated
third parties, to develop the site in phases beginning with a
casino resort.  The casino resort is expected to include a casino,
a hotel and spa, pools, a sport and entertainment center, a
conference center and a state-of-the-art recreational vehicle
park.

Diamondhead Casino reported net income applicable to common
stockholders of $53,000 for the year ended Dec. 31, 2015, compared
to a net loss applicable to common stockholders of $3.37 million
for the year ended Dec. 31, 2015.

As of Sept. 30, 2016, Diamondhead had $5.64 million in total
assets, $8.66 million in total liabilities and a total
stockholders' deficiency of $3.02 million.

Friedman LLP, in 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 significant
recurring net losses over the past few years.  In addition, the
Company has no operations, except for its efforts to develop the
Diamondhead, Mississippi property.  Such efforts may not contribute
to the Company's cash flows in the foreseeable future.  These
conditions raise substantial doubt about the Company's ability to
continue as a going concern.


DIGIDEAL CORPORATION: U.S. Trustee Forms 2-Member Committee
-----------------------------------------------------------
Acting U.S. Trustee Gail Brehm Geiger on March 30 appointed two
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 case of Digideal Corporation.

The committee members are:

     (1) Western Electronics, LLC
         Brad Grover
         1550 South Tech Lane
         Meridian, ID 83642
         Tel: (208) 955-9709

     (2) John Chandler, Esq.
         9009 N FM 670 Road, Apt. 2007
         Austin, TX 78726
         Tel: (509) 808-1481

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 Digideal Corporation

Digideal Corporation sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Wash. Case No. 17-00449) on Feb. 22,
2017.  The petition was signed by Michael J. Kuhn, president.  The
case is assigned to Judge Frederick P. Corbit.

Kevin O'Rourke, Esq., at Southwell & O'Rourke, P.S., serves as the
Debtor's legal counsel.

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


DODGE CITY: Unsecureds to Get 100% in Deferred Cash Payments
------------------------------------------------------------
Dodge City Veterinary Hospital, Inc., filed with the U.S.
Bankruptcy Court for the Middle District of Louisiana a disclosure
statement in support of the Debtor's plan of reorganization as of
March 22, 2017.

The Debtor's primary objective is to sell the business and
distribute the net proceeds of the sale to the holders of allowed
claims.  The Debtor is generating cash flow in excess of what is
needed to operate the Business, and financial projections presented
with the Disclosure Statement indicate that it will continue to do
so.  In order to utilize this cash flow for the benefit of the
holders of allowed claims while the Debtor pursues the primary
objective of a sale, the Plan utilizes a "parallel path" approach
to reorganization consisting of: (a) a sale of the Business as a
going concern, and (b) until a sale transaction is accomplished,
distributing net cash flow to holders of Allowed Claims and making
monthly payments to holders of Allowed Priority Claims and holders
of Allowed Secured Claims.

Until the time as the Allowed Priority Tax Claims are satisfied
each Holder will receive in full satisfaction of that Holder's
Allowed Claim the amount of that holder's Allowed Claim with 4%
interest, payable in 108 equal monthly installments beginning on
the initial Distribution Date with successive payments on each
subsequent Distribution Date, provided, however, that the number of
monthly payments may be reduced if the Holders of Allowed Priority
Tax Claim receive deferred Cash payments of a pro-rata share of the
Reorganized Debtor's annual Net Cash Flow pursuant to the Plan.

Until the time as the Secured Tax Claim is satisfied the Holder
will receive in full satisfaction of its Allowed Claim the amount
of its Allowed Claim with 4% interest, payable in 108 equal monthly
installments beginning on the initial Distribution Date with
successive payments on each subsequent Distribution Date, provided,
however, that the number of monthly payments may be reduced if the
Holders of Allowed Priority Tax Claim receive deferred Cash
payments of a pro-rata share of the Reorganized Debtor's annual Net
Cash Flow pursuant to the Plan.

Until the time as the Secured Whitney Claim is satisfied the Holder
will receive in full satisfaction of its Allowed Claim, after the
Net Proceeds from the sale of part of the Holder's collateral is
applied, the amount of its Allowed Claim with 6% interest, payable
in 108 equal monthly installments beginning on the initial
Distribution Date with successive payments on each subsequent
Distribution Date, provided, however, that the number of monthly
payments may be reduced if the Holder of Allowed Secured Whitney
receives deferred Cash payments of a pro-rata share of the
Reorganized Debtor's annual Net Cash Flow pursuant to the Plan.

After payment of administrative claims, priority tax claims, and
secured claims under the priorities of the Bankruptcy Code, the
Debtor has agreed to pay a pro-rata share of its annual Net Cash
Flow to each holder of an Allowed General Unsecured Claims until
100% of its Allowed Claim is paid in full.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/lamb16-10559-116.pdf

                    About Dodge City Veterinary

Headquartered in Denham Springs, Louisiana, Dodge City Veterinary
Hospital, Inc., is a Louisiana corporation formed in 1999.  It
continued the veterinary practice established by the father of Dr.
Scott F. Smith, the sole shareholder of DCVH. The Debtor provides
veterinary treatment, boarding, clinic, surgery, emergency care and
other hospital services in Livingston and surrounding Louisiana
parishes.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. M.D.
La. Case No. 16-10559) on May 11, 2016.  The petition was signed by
Scott F. Smith, president.  Judge Douglas D. Dodd presides over the
case.  Michael B. Grissom, Esq., at B. Michael Grissom, Attorney at
Law, serves as the Debtor's bankruptcy counsel.  The Debtor
estimated assets and liabilities at $1 million to $10 million at
the time of the filing.


DOWN HOUSE: Voluntary Chapter 11 Case Summary
---------------------------------------------
Debtor: Down House Ventures, LLC
        2522 Yale Street
        Houston, TX 77008

Case No.: 17-32089

About the Company: The Debtor is a small business debtor as
                   defined in 11 U.S.C. Section 101(51D).  It is
                   an affiliate of Mothership Ventures, LLC that
                   sought bankruptcy protection on March 26, 2017
                   (S.D. Tex. Case No. 17-31776) and Club
                   Mothership NP that sought bankruptcy protection
                   on March 30, 2017 (Bankr. S.D. Tex. Case No.
                   17-31856).

Chapter 11 Petition Date: April 4, 2017

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

Judge: Hon. Jeff Bohm

Debtor's Counsel: Reese W Baker, Esq.
                  BAKER & ASSOCIATES
                  5151 Katy Freeway Ste 200
                  Houston, TX 77007
                  Tel: 713-869-9200
                  Fax: 713-869-9100
                  E-mail: courtdocs@bakerassociates.net

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

Estimated Liabilities: $1 million to $10 million

The petition was signed by Chris Cusack, president.

The Debtor failed to include a list of its 20 largest unsecured
creditors at the time of the filing.

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

          http://bankrupt.com/misc/txsb17-32089.pdf


EAST TEXAS MEDICAL: Moody's Lowers Debt Rating to B3; Outlook Neg.
------------------------------------------------------------------
Moody's Investors Service downgrades East Texas Medical Center
Regional Healthcare System's (ETMC) debt rating to B3 from Ba1. The
action affects $280 million of outstanding rated revenue bonds
issued by Tyler Health Facilities Development Corporation and Wood
County Central Hospital District. The rating outlook remains
negative.

The downgrade to B3 reflects the significant variance to budget
through the first quarter of FY 2017 and the rapid, unexpected
decline in liquidity. Weakened system performance is driven by
declining volumes, a recent change in the highly competitive Tyler
market following the acquisition of the competing system by a much
larger entity, continued pressures on the rural hospitals, and high
expense base given the system's large physician employment
division. At the current run rate, and without the benefit of any
asset sales, Moody's expects ETMC will fall below its required debt
service covenant of 1.0 times measured at fiscal year end (October
31, 2017), causing an Event of Default to be declared on February
28, 2018 which is the required reporting date to the bond trustee.
Following the declaration of an Event of Default by the Trustee,
bondholders have the right to accelerate without any grace or cure
period afforded to ETMC.

ETMC continues to make its debt service payments on its all-fixed
rate bonds in full and on time. Balancing the increased risk of the
probability of default and debt acceleration is the system's
adequate cash position and fully funded debt service reserve fund
such that if a payment default were to occur, recovery would be
high with favorable security lien on the bonded debt. Likewise, the
Tyler flagship is a sizable and essential provider of numerous
tertiary services in a large and growing service area.

Rating Outlook

The negative outlook represents Moody's anticipated deterioration
in financial performance that will outpace any enacted expense
strategies over the near term, resulting in an elevated risk of a
covenant breach and debt acceleration in early 2018 as the headroom
to the covenant rapidly narrows. Further decline in performance or
liquidity beyond current expectations, or a filing for
reorganization or credit relief would result in downgrade
pressure.

Factors that Could Lead to an Upgrade

Given the severity of current circumstances, an upgrade is not
likely in the near term. Over the longer term, an upgrade could
result from consistent and sustainable improvement in operating and
liquidity metrics

A revision to a stable outlook could result from stabilization of
operating performance resulting in increased headroom to financial
covenants

Factors that Could Lead to a Downgrade

Breach of a financial covenant and acceleration of debt

Further deterioration of operating performance or liquidity beyond
FY 2017 projections

A corporate reorganization or bankruptcy filing

Legal Security

The obligated group is comprised of the parent corporation;
unrestricted cash and investments are held at the parent. All
affiliate hospitals have executed a security interest of their
revenues and receipts to the corporate parent in favor of the
master trustee for the benefit of all bondholders. Each restricted
affiliate signed an Undertaking Agreement which obligates each
affiliate to make contributions to the extent necessary for due and
punctual payments of principal and interest for all outstanding
bonded debt. The restricted affiliates must adhere to all covenants
in the master trust indenture. A mortgage via a deed of trust is
also pledged on the Tyler, Athens, Jacksonville, and Quitman
facilities.

Use of Proceeds

Not applicable

Obligor Profile

East Texas Medical Center Regional Healthcare System is a system of
primary, secondary and tertiary healthcare facilities and services
located across the east Texas region. The multi-hospital system
currently operates in nine east Texas counties with the flagship
hospital located in Tyler.

Methodology

The principal methodology used in this rating was Not-For-Profit
Healthcare Rating Methodology published in November 2015.


ELRAY RESOURCES: Will File 2016 Annual Report by April 17
---------------------------------------------------------
Elray Resources, Inc.'s annual report on Form 10-K could not be
filed within the prescribed time period because the Company
encountered delays in its preparation of its Annual financial
statements.  The Company expects to file the Annual Report on or
before April 17, 2017, according to a Form 12b-25 filed with the
Securities and Exchange Commission.
                    About Elray Resources

Elray Resources, Inc., is a technology company, which owns and
licenses gaming intellectual property, gaming content and gaming
domains.  The Company is engaged in providing marketing and support
for online gaming operations.  It has developed and acquired
technology that provides marketing tools and customer relationship
management (CRM) systems for online gaming operators.  It has a
global presence with offices in London, South Africa and Sydney.

Elray Resources reported a net loss of $4.86 million for 2015
following a net loss of $10.34 million for 2014.  As of Sept. 30,
2016, Elray had $1.62 million in total assets, $11.94 million in
total liabilities and a total stockholders' deficit of $10.32
million.

GBH CPAs, PC -- www.gbhcpas.com -- in Houston, Texas, 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 has a net
working capital deficit that raise substantial doubt about its
ability to continue as a going concern.


ENDLESS SALES: Taps Hampton & Pigott as Special Counsel
-------------------------------------------------------
Endless Sales, Inc. seeks approval from the U.S. Bankruptcy Court
for the District of Colorado to hire Hampton & Pigott, LLP as its
special counsel.

The firm will represent the Debtor in two separate lawsuits filed
by contractors Taylor Hansen and Jason Frye in the District Court
for the City and County of Denver.

Hampton & Pigott will charge an hourly rate of $100 for its
services.

William Baker, Esq., a managing partner at Hampton & Pigott,
disclosed in a court filing that his firm does not hold any
interest adverse to the Debtor's bankruptcy estate or creditors.

The firm can be reached through:

     William C. Baker, Esq.
     Hampton & Pigott, LLP
     1203 Airport Way, Suite 200
     Broomfield, CO 80021
     Phone: (720) 370-3300 Ext. 105
     Direct: (720) 863-6905
     Text: (720) 863-6905
     Fax: (720) 863-6905
     Email: will@hamptonpigott.com

                     About Endless Sales Inc.

Based in Denver, Colorado, Endless Sales, Inc., is engaged in
buying, refurbishing and reselling used forklifts, and designs and
manufactures its own line of forklifts.  The Debtor, which conducts
business under the name of Discount Forklift, Discount Forklift
Brokers and Octane Forklifts, filed a Chapter 11 petition (Bankr.
D. Colo. Case No. 17-11037) on February 13, 2017.

The petition was signed by Brian Firkins, president.  The case is
assigned to Judge Elizabeth E. Brown.  The Debtor is represented by
Jeffrey S. Brinen, Esq. and Keri L. Riley, Esq. at Kutner Brinen,
P.C.  At the time of filing, the Debtor disclosed total assets of
approximately $2.56 million and total liabilities in the amount of
$1.78 million.

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

A list of the Debtor's 10 unsecured creditors is available for free
at http://bankrupt.com/misc/cob17-11037.pdf


ENERGY FUTURE: Texas Regulators Give Prelim "No" to Oncor Takeover
------------------------------------------------------------------
Peg Brickley, writing for The Wall Street Journal Pro Bankruptcy,
reported that members of the Public Utility Commission of Texas, on
March 30, unanimously said they wouldn't approve NextEra Energy
Inc.'s proposed takeover of Oncor, one of the largest electricity
transmissions businesses in the country, as being in the public
interest.

According to the report, formal voting will take place in April,
but the regulators said they won't let the acquisition go through.

The decision is likely to upset, once again, the bankruptcy-exit
planning of Energy Future Holdings Corp., the former TXU Corp.,
which has spent nearly three years in bankruptcy after filing for
chapter 11 with $42 billion in debt, the Journal noted.

Energy Future's 80% stake in Oncor is considered its crown jewel
and the only outside source of free cash for a multi-billion-dollar
bankruptcy-exit plan, the Journal said.  Oncor is a cash-producing,
stable, regulated business whose operations have been little
affected by Energy Future's bankruptcy, the report further noted.

Last year, the Texas PUC derailed a takeover attempt of Oncor by
Hunt Consolidated Inc., the report recalled.

What worried regulators was NextEra's insistence on overriding many
of the "ringfencing" provisions that immunized Oncor from Energy
Future's financial woes.  The regulators want to preserve corporate
governance protections that worked to shield Oncor when Energy
Future filed for bankruptcy in 2014, citing the transmission
system's status as a vital element of the Texas energy
infrastructure, the report also noted.

Regulators said NextEra's sturdy balance sheet and extensive
experience as an operator of energy businesses wasn't sufficient
protection to guarantee the future stability of Oncor, a
transmissions business counted upon by 10 million Texans, the
report said.

Additionally, regulators took issue with the tight financial links
NextEra said it would insist upon should Oncor become a member of
its corporate family, the report added.

                   About Energy Future

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

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

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

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

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

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

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

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

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

                      *     *     *

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

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

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

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


EPICENTER PARTNERS: Sonoran, et al., Unsecureds to Get 100% at 4%
-----------------------------------------------------------------
Sonoran Desert Land Investors LLC, East of Epicenter LLC, and Gray
Phoenix Desert Ridge II LLC, filed an Amended Disclosure Statement
in support of the accompanying Chapter 11 Plan of Reorganization
for Sonoran Desert Land Investors LLC, East Of Epicenter LLC, and
Gray Phoenix Desert Ridge II LLC, Amended March 2017.

The goal of the proposed Plan is to continue the operation of the
Debtors' business, allow the Debtors to realize a fair market value
for their property interests, re-pay all prepetition unsecured
creditors, and to continue to conduct business with trade vendors.

The Debtors' Plan provides payments or transfers of property to pay
all creditors in full with interest.

Any monetary funding of the Plan may come from: (1) exit financing;
(2) joint venture; (3) the proceeds of the sale of any property in
excess of any release price set by the Court; (3) the
post-confirmation sale or disposition of the Reorganized Debtors'
real property; (4) a reserve account funded from sale proceeds
above the release price; (5) exit financing; and (6) contributions
from equity holders and the post-petition operations of the
Debtors.  Allowed claims of the Debtors will be paid from these
sources; the Plan pays all creditors from these sources of funds.
The reorganized Debtors will continue to manage the properties
post-confirmation.

Class 5A General Unsecured Claims -- estimated at $2,686,830 --
will receive 100% of their allowed claims over three years, paid
quarterly with interest accrued on unpaid amounts at the rate of 4%
per annum, simple interest.  The source of payment of the Class 5A
Claims will be the sale or disposition of the Reorganized Debtors'
real property in excess of release prices set by the Court or as
agreed to by the parties, exit financing, a joint venture, or an
equity contribution.  Class 5A is impaired by the Plan.

As reported by the Troubled Company Reporter on March 13, 2017, the
Debtors filed a plan which proposed that CPF Vaseo Associates, LLC,
contribute $1.7 million to the "unsecured creditor dividend fund"
if all creditors holding Class 4 non-insider unsecured claims vote
in favor of the plan.  If any of these creditors reject the plan,
CPF would contribute $500,000.

The Amended Disclosure Statement is available at:

           http://bankrupt.com/misc/azb16-05493-458.pdf

                     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.


ERIE STREET INVESTORS: Case Summary & 20 Top Unsecured Creditors
----------------------------------------------------------------
Affiliated debtors that filed separate Chapter 11 bankruptcy
petitions:

    Debtor                                       Case No.
    ------                                       --------
    Erie Street Investors, LLC                   17-10554
    1307 N. Clybourn Ave., Suite A
    Chicago, IL 60610

    LaSalle Investors, LLC                       17-10557
    1307 N. Clybourn Ave., Suite A
    Chicago, IL 60610

    WSC Parking Fund I                           17-10561
    1307 N. Clybourn Ave., Ste. A
    Chicago, IL 60610

Type of Business: Single Asset Real Estate (as defined in 11
                  U.S.C. Section 101(51B))

Chapter 11 Petition Date: April 3, 2017

Court: United States Bankruptcy Court
       Northern District of Illinois (Chicago)

Judge: Hon. Deborah L. Thorne (17-10554)
       Hon. Carol A. Doyle (17-10557)
       Hon. LaShonda A. Hunt (17-10561)

Debtors' Counsel: Scott R Clar, Esq.
                  CRANE HEYMAN SIMON WELCH & CLAR
                  135 S Lasalle Suite 3705
                  Chicago, IL 60603
                  Tel: 312 641-6777
                  Fax: 312 641-7114
                  E-mail: sclar@craneheyman.com

                                        Estimated  Estimated
                                         Assets    Liabilities
                                        ---------  -----------
Erie Street Investors                   $10M-$50M   $10M-$50M
LaSalle Investors                       $10M-$50M   $10M-$50M
WSC Parking Fund                         $1M-$10M    $1M-$10M

The petitions were signed by Arthur Holmer, managing member of
Weiland Ventures, LLC.

A. Debtor's List of 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Adam and Melissa Berman                                  $75,000

Adeptia, Inc.                      Tenant Security       $21,387
                                      Deposit

Arthur Holmer                         Affiliate         $223,675
1307 N. Clybourn
Ave., Suite A
Chicago, IL 60610

Boardwalk Capital Holdings            Affiliate       $1,411,471
1307 N. Clybourn
Ave., Suite A
Chicago, IL 60610

BrightSpeed Solutions, Inc.         Tenant Security      $16,534
                                       Deposit

Century 21 Affiliated                                    $79,906

Devbridge Group, LLC                Tenant Security      $27,083
                                       Deposit

Gussis Lichtenfeld                                       $16,800
& Alexander LLC

Jones Lang Midwest LLC                                   $60,694

LaSalle Investors                     Affiliate         $533,305
1307 N. Clybourn
Ave., Suite A
Chicago, IL 60610

Law Offices Field                                        $45,773
and Goldberg, LLC

Marc Realty, LLC                                        $103,037

MKTG, Inc.                        Tenant Security        $18,395
                                      Deposit

NOCO LLC dBA                      Tenant Security        $29,333
UFC Gym                               Deposit

Rialto Capital                  343 W. Erie Street   $18,668,587
Advisors, LLC, as                Chicago, IL 60654
Special Servicer for
CMBS Trust
790 NW 107th Ave., #400
Miami, FL 33172

Robert Berman Real Estate LP                             $75,000

UX Factory, LLC                   Tenant Security        $19,863
                                     Deposit

Wells Street Companies              Affiliate           $32,212

Wells Street Management             Affiliate          $121,089

York Solutions LLC               Tenant Security        $15,358
                                    Deposit  

B. LaSalle Investors, LLC's List of 20 Largest Unsecured Creditors:


   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Adam and Melissa Berman                                  $50,000

Adaptly, Inc.                      Tenant Security       $17,621
                                      Deposit

Arsova, LLC                        Tenant Security        $8,480
                                      Deposit

Arthur Holmer                         Affiliate          $61,083

Atcha, D.D.S. P.C.                 Tenant Security       $15,000
                                       Deposit

Boardwalk Capital Holdings            Affiliate       $1,026,568
1307 N. Clybourn
Ave., Suite A
Chicago, IL 60610

Boardwalk Capital Holdings            Affiliate          $26,717

City Outdoor Holdings, LLC         Tenant Security       $20,000
                                       Deposit

Colliers Bennett &                 Tenant Security      $111,828
Kahnweiler LLC                         Deposit

Greenstone Companies, LLC          Tenant Security       $14,269
                                       Deposit

Greenstone Partners                                      $10,618

Inkling Incorporated                Prepaid Rent         $14,589

Law Offices Field                                       $109,239
and Goldberg, LLC

Marc Realty, LLC                                         $39,636

Massage Therapy                    Tenant Security        $8,040
Centers of America                     Deposit

Railia & Associates, P.C.           Prepaid Rent          $9,995

Rialto Capital Advisors                              $18,668,587
790 NW 107th Ave., #400
Miami, FL 33172
Robert Berman Real Estate LP                           $100,000

Wells Street Equities                Affiliate         $175,000

Wells Street Management              Affiliate          $33,970

C. WSC Parking Fund I's List of 12 Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Anderson Elevator                                           $190

Boardwalk Capital Holdings          Affiliate Note       $26,717

Boardwalk Capital Holdings             Affiliate        $945,334
1307 N. Clybourn
Ave., Ste. A
Chicago, IL 60610

City of Chicago                                         $844,750
Payment Plan #1158
333 S. State St., Ste. 300
Chicago, IL 60604

City of Chicago                                             $146
Dept. of Revenue -
Utility Billing

City of Chicago -                                             $0
Parking Taxes

Erie Street Investors                 Affiliate         $141,563

LaSalle Street Investors              Affiliate         $323,464
1307 N. Clybourn
Ave., Ste. A
Chicago, IL 60610

Law Offices Field                                        $38,569
and Goldberg, LLC

Vedder Price PC                                          $11,261

Wells Street Companies               Affiliate            $8,265

Wells Street Management              Affiliate           $74,809


ESSAR STEEL: Asks Court to Allow Great Lakes Gas' $32.9M Claim
--------------------------------------------------------------
Mesabi Metallics Company LLC and ESML Holdings Inc. ask the U.S.
Bankruptcy Court for the District of Delaware to allow Great Lakes
Gas Transmission Limited Partnership's proof of claim in the total
amount of $32,902,183 to fully resolve Great Lakes' claim against
Mesabi arising from the transportation services agreement.

A hearing on the Debtors' request is set for April 26, 2017, at
9:30 a.m. EST.  The objection deadline was March 27, 2017, at 4:00
p.m. EST.

Mesabi and Great Lakes were engaged for years in protracted
litigation in the U.S. District Court for the District of Minnesota
that resulted in a post-jury trial judgment in the approximate
amount of $33 million in favor of Great Lakes and against Mesabi.
Even after the Eighth Circuit Court of Appeals reversed that
judgment and remanded to the District Court for lack of subject
matter jurisdiction, the Parties have continued their disputes in
this Court, particularly with respect to the Great Lakes' motion to
designate proof of claim as timely filed.

After extensive, arms-length negotiations, the parties have reached
a settlement resolving, among other things, the proof of claim
motion.

Mesabi was a defendant in prepetition litigation commenced by Great
Lakes in the U.S. District Court for the District of Minnesota.
After a jury trial, a judgment was entered against Mesabi and other
non-debtor affiliates in the amount of $32,902,183.  Mesabi
appealed the Judgment to the Eighth Circuit Court of Appeals.  In
connection with the Appeal, Mesabi secured and posted a bond issued
by Atlantic Specialty Insurance Company in the amount of
$37,837,510.45, which Mesabi collateralized with over $23 million
in cash.  The Eighth Circuit Court of Appeals reversed and vacated
the District Court's Judgment on Dec. 5, 2016, for lack of subject
matter jurisdiction.  There was no decision on the merits.  Great
Lakes' request for en banc rehearing was denied on Jan. 30, 2017,
and mandate issued on Feb. 6, 2017.

On Feb. 6, 2017, Great Lakes filed its proof of claim motion.  The
Debtors filed its opposition to the proof of claim motion on March
8, 2017, which was subsequently withdrawn pursuant to the
certification of counsel filed on March 11, 2017.  

In a concerted effort to consensually resolve the proof of claim
motion, counsel to the parties negotiated and reach a joint
settlement.  As part of the joint settlement, the Debtors filed
certifications of counsel on March 11, 2017, which resolved the
Debtors' motion for release of supersedeas bond and the proof of
claim motion.  As per the agreement of the parties, the Debtors now
seek entry of an order and judgment allowing Great Lakes' proof of
claim in the amount of $32,902,183 pursuant to Bankruptcy Rule
9019.

The Debtors' request is available at:

           http://bankrupt.com/misc/deb16-11626-789.pdf

                   About Essar Steel Minnesota

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

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

The cases are assigned to Judge Brendan Linehan Shannon.

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

Andrew Vara, acting U.S. trustee for Region 3, on July 20, 2016,
appointed the official committee of unsecured creditors of ESML
Holdings, Inc., and its affiliates.  The Committee hired Andrew K.
Glenn, at Kasowitz Benson Torres & Friedman LLP, to act as counsel.
David MacGreevey, at Zolfo Cooper, LLC, to serve as financial
advisor.  Garvan F. McDaniel, at Hogan McDaniel, to act as Delaware
counsel.


ESSAR STEEL: Sues Southern Coal for Breaching Contracts
-------------------------------------------------------
Matt Chiappardi, writing for Law360, reports that Essar Steel
Algoma Inc. filed a lawsuit against Southern Coal Sales Corp., its
coal supplier.  According to Law360, the Debtor claims that
Southern Coal breached its contracts with the Debtor by sending
less product than required, some of it poor quality, and forcing
the Debtor to spend more than $13 million seeking coal from third
parties.  The Debtor says that Southern Coal was supposed to
deliver 780,000 tons of coal between April 2016 and March 2017 to
the facility in Ontario, Law360 relates.

                   About Essar Steel Minnesota

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

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

The cases are assigned to Judge Brendan Linehan Shannon.

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

Andrew Vara, acting U.S. trustee for Region 3, on July 20, 2016,
appointed the official committee of unsecured creditors of ESML
Holdings, Inc., and its affiliates.  The Committee hired Andrew K.
Glenn, at Kasowitz Benson Torres & Friedman LLP, to act as counsel.
David MacGreevey, at Zolfo Cooper, LLC, to serve as financial
advisor.  Garvan F. McDaniel, at Hogan McDaniel, to act as Delaware
counsel.


ESSAR STEEL: Wants $5M in Financing to Restart Mine Construction
----------------------------------------------------------------
Mesabi Metallics Company LLC and ESML Holdings Inc. seeks
permission from the U.S. Bankruptcy Court for the District of
Delaware to recommence construction activities on the project, a
fully integrated iron ore pellet production facility in the western
Mesabi Range in northern Minnesota.

To maximize the value of the Project, the Debtors request authority
to enter into contracts in an aggregate value of up to $5 million
to recommence construction on the Project, subject to availability
under their postpetition debtor-in-possession facility from SPL
Advisors LLC and any supplemental DIP facility or agreed use of
cash collateral.  The highest priority construction items that the
Debtors intend to pursue first include:

     (1) installation of the slurry pipeline and related work;

     (2) installation of equipment, building steel and ductwork in

         the induration building;

     (3) installation of the tailings pipeline and related work;
         and

     (4) installation of the tailings bridge over the highway that

         bisects the project.

A copy of the Debtors' request is available at:

            http://bankrupt.com/misc/deb16-11626-836.pdf

A hearing on the Debtors' request is set for April 5, 2017, at 1:30
p.m. (Prevailing Eastern Time).  Objections must be filed by April
4, 2017, at 12:00 p.m. (Prevailing Eastern Time).

The Debtors want to preserve substantial value and materially
enhance the value of their assets to the plan sponsor (or potential
bidder) at a relatively low cost to the Debtors.  According to the
Debtors, the investment contemplated is an easy call for the
Debtors and clearly satisfies the business judgment standard
applicable to their request.

The Debtors propose to reorganize their iron ore mine and
production facility Project and to use the value of the Project
(together with the Litigation Trust) to provide recoveries to
creditors.  The construction authorization in Mesabi's current air
permit may be imperiled if the company is not engaged in active
construction as of June 1, 2017.  If Mesabi is at risk of losing,
or actually does lose, this permit, it will materially reduce the
value of the Project.  The delay could be substantial and preclude
further construction at the project site for years.  The Plan
Sponsor and other potential investors would consider the risk and
delay associated with obtaining a new air permit in valuing the
Project and determining their willingness to invest in the
reorganization of the Debtors.

Mesabi contracted with certain affiliates to build the Project.
Those affiliates, however, failed to perform the work in accordance
with the terms of the applicable agreements.  Major construction
activity slowed in late 2015, and substantially ceased in early
2016, leaving the Project substantially incomplete.  The Project
has remained mostly idle ever since.  Following suspension of
construction activities, Mesabi worked to develop an alternative
path to completion of the Project.  Those efforts failed to yield
any solution as of July 2016 and the Debtors were forced to seek
chapter 11 protection in order to forestall termination of a key
mining lease and preserve value for their creditors.

The Debtors have determined that it is essential that they
recommence construction on the Project to preserve its value and,
in turn, maximize the return to the Debtors' creditors.  The
Minnesota Pollution Control Agency has taken the position that the
Debtors must recommence construction on the project prior to June
1, 2017, in order for Mesabi's construction authorization to remain
valid.  Mesabi's construction authorization is part of an air
permit that authorizes Mesabi to construct and operate the Project
as permitted.  Based on the determination made by the MPCA, if
Mesabi fails to restart construction by June 1, 2017, it risks
losing its air permit.  Due to the multi-year process of obtaining
a new permit, the Debtors believe that such a scenario would
severely dampen interest in the Project Assets and potentially
eliminate the reorganization value and prospects of a successful
reorganization.

In order to avoid the risk identified by the MPCA's position
regarding the permit, it is critical for Project construction to
restart by early May.  By June 1, 2017, Mesabi must notify the
Minnesota Pollution Control Agency whether it has restarted
construction and, if so, provide a description of the construction
activities performed.  The Debtors are advised that contractors
require approximately one-month before commencing work to obtain
necessary construction machinery and to employ workers.  In order
to provide the requisite documentation to the MPCA, contractors
will need to mobilize in April and construction will need to start
in May 2017.  The Debtors request relief on an emergency basis so
that they can enter into contracts and begin to mobilize
contractors in early April.

                   About Essar Steel Minnesota

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

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

The cases are assigned to Judge Brendan Linehan Shannon.

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

Andrew Vara, acting U.S. trustee for Region 3, on July 20, 2016,
appointed the official committee of unsecured creditors of ESML
Holdings, Inc., and its affiliates.  The Committee hired Andrew K.
Glenn, at Kasowitz Benson Torres & Friedman LLP, to act as counsel.
David MacGreevey, at Zolfo Cooper, LLC, to serve as financial
advisor.  Garvan F. McDaniel, at Hogan McDaniel, to act as Delaware
counsel.


ESSEX CONST: Trustee Wants to Keep Using Banks' Cash Collateral
---------------------------------------------------------------
Bradford F. Englander, Trustee for Essex Construction, LLC, asks
the U.S. Bankruptcy Court for the District of Maryland to authorize
him to continue using the cash collateral of Firsttrust Bank and
Industrial Bank to pay the ongoing operating expenses of the
Business and in accordance with the budget being prepared him.

Prior to the Trustee's appointment the Court had authorized the
Debtor to use Cash Collateral by the entry of six different orders.
The continued use of Cash Collateral is in the best interests of
the Banks, the Chapter 11 Estate and its creditors.

The Trustee has been operating under the terms of the Sixth Consent
Order Further Authorizing Debtor's Interim Use of Cash Collateral.
Under the terms of that Order, the Trustee has requested the
consent of the Banks to make certain payments, including payroll.
At this time, the Banks have not provided full consent for the
Trustee's use of Cash Collateral.

The Trustee requires the use of the Cash Collateral in order to
continue to operate, preserve and maintain the Business.  Unless
the Trustee is permitted to use the Cash Collateral, the Estate
will be irreparably harmed because the Trustee will be unable to
operate and manage the Business and preserve and maintain its going
concern value.  The Trustee requires the use of Cash Collateral for
the payment of, among other things, operating expenses including
wages, utilities expenses, maintenance expenses, and other expenses
as more fully set forth in the Budget.  The Trustee's use of

Cash Collateral to operate the Business will protect the going
concern value of the Business.  A copy of the Budget will be filed
separately.

The adequate protection provided under the proposed Order granting
(i) a replacement lien on all the post-petition assets of the
Estate pursuant to Section 361 of the Bankruptcy Code, subject to
all pre-existing liens and only to the extent of any diminution in
the value of the Banks' interest in Cash Collateral; and (ii) an
administrative priority expense claim pursuant to Section 507(b) of
the Bankruptcy Code, to the extent there is a diminution in the
value of the Banks' interest in the Cash Collateral, is fair,
reasonable, and sufficient to satisfy the requirements of Section
363(c)(2) and Section 363(e) of the Bankruptcy Code.  The Banks'
replacement lien and administrative priority expense claim will not
attach to Chapter 5 or related causes of action or the proceeds
thereof.

Additional adequate protection is provided to the collateral of the
Bank's by the continued operations of the Business.  Should the
Trustee be unable to continue operating the Business, it may result
in termination of the Business which will negatively impact its
value. Moreover, the proposed use of the Cash Collateral includes
expenses for maintaining the assets of the business, which further
protects the value of the Banks' collateral and will allow for the
Trustee to pursue a potential sale for a greater sum than could be
obtained in a liquidation.  Furthermore, the Banks may be provided
such additional adequate protection pursuant to 11 U.S.C. Section
362(d)(3) as the Court may determine.

The relief requested contemplates a modification of the automatic
stay, to the extent applicable, to permit the Trustee to grant the
security interests, liens, and superpriority claims described with
respect to the Banks and to perform such acts as may be requested
to assure the perfection and priority of such security interests
and liens.

The Trustee asks the Court to approve the relief sought, and for
such other and further relief as is just and appropriate under the
circumstances.

Proposed Counsel for the Trustee:

          Nelson C. Cohen, Esq.
          WHITEFORD, TAYLOR & PRESTON L.L.P.
          7501 Wisconsin Avenue, Suite 700W
          Bethesda, MD 20814-6521
          Telephone: (301) 343-0002
          Facsimile: (301) 804-3647
          E-mail: ncohen@wtplaw.com

                   About Essex Construction

Essex Construction, LLC, filed a Chapter 11 petition (Bankr. D.
Md.
Case No. 16-24661) on Nov. 4, 2016.  The petition was signed by
Roger R. Blunt, president and chief executive officer.  The case
is
assigned to Judge Thomas J. Catliota.  At the time of filing, the
Debtor estimated assets to be less than $50,000 and liabilities at
$1 million to $10 million.

The Debtor's bankruptcy counsel is Kim Y. Johnson, at the Law
Offices of Kim Y. Johnson, N. William Jarvis, Esq., serves as the
Debtor's general counsel.

The Debtor has Robert Wrightson as executive vice president; Marc
Hunter as executive assistant to the President and CEO; Mr. Curtis
Bowers as marketing director; and BradyRenner and Company, LLC as
accountant.

The Office of the U.S. Trustee on Dec. 12, 2016, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case.


ESSEX CONSTRUCTION: Trustee Taps Whiteford Taylor as Legal Counsel
------------------------------------------------------------------
The Chapter 11 trustee for Essex Construction, LLC seeks approval
from the U.S. Bankruptcy Court for the District of Maryland to hire
his own firm as legal counsel.

Bradford Englander, the bankruptcy trustee, proposes to hire
Whiteford, Taylor & Preston, LLP to, among other things, give legal
advice regarding his duties under the Bankruptcy Code, assist in
the administration of the Debtor, and handle contested matters and
adversary proceedings.

The hourly rates charged by the firm range from $350 to $710 for
partners and counsel, and from $310 to $450 for associates.  The
firm will charge between $245 per hour and $340 per hour for
paralegal and litigation support services.

Whiteford is a "disinterested person" as defined in section 101(14)
of the Bankruptcy Code, according to court filings.

The firm can be reached through:

     Bradford F. Englander, Esq.
     Whiteford, Taylor & Preston, LLP
     3190 Fairview Park Drive, Suite 800
     Falls Church, VA 22042
     Telephone: (703) 280-9081
     Facsimile: (703) 280-3370
     Email: benglander@wtplaw.com

          - and -

     Nelson C. Cohen, Esq.
     Whiteford, Taylor & Preston, LLP
     7501 Wisconsin Avenue, Suite 700W
     Bethesda, MD 20814-6521
     Telephone: (301) 804-3618
     Facsimile: (301) 804-3647
     Email: ncohen@wtplaw.com

                    About Essex Construction

Essex Construction, LLC, filed a Chapter 11 petition (Bankr. D. Md.
Case No. 16-24661) on Nov. 4, 2016.  The petition was signed by
Roger R. Blunt, president and chief executive officer.  The case is
assigned to Judge Thomas J. Catliota.  At the time of filing, the
Debtor estimated assets to be less than $50,000 and liabilities at
$1 million to $10 million.

The Debtor hired Kim Y. Johnson, Esq., at the Law Offices of Kim Y.
Johnson, and N. William Jarvis, Esq., as legal counsel.

The Debtor has Robert Wrightson as executive vice president; Marc
Hunter as executive assistant to the President and CEO; Mr. Curtis
Bowers as marketing director; and BradyRenner and Company, LLC as
accountant.

The Office of the U.S. Trustee appointed Bradford F. Englander,
Esq., as Chapter 11 trustee on March 17, 2017.  The court confirmed
the appointment on March 21.


ETERNAL ENTERPRISE: Aria and Onyx Buying Hartford Property for $11M
-------------------------------------------------------------------
Judge Ann M. Nevins of the U.S. Bankruptcy Court for the District
of Connecticut will convene a hearing on March 30, 2017, to
consider Eternal Enterprise, Inc.'s sale of its right, title, and
interest in the property located at: (i) 243-255 Laurel Street,
Hartford, Connecticut; (ii) 252 Laurel Street, Hartford,
Connecticut; (iii) 270 Laurel Street, Hartford, Connecticut; (iv)
360 Laurel Street, Hartford, Connecticut; (v) 154-160A Collins
Street, Hartford, Connecticut; (vi) 21 Evergreen Avenue, Hartford,
Connecticut; (vii) 117-145 South Marshall Street, Hartford,
Connecticut; and 8) 56 Webster Street, Hartford, Connecticut, for
$11,240,000.

Objections, if any, to the relief requested must filed with the
Court at least 7 business days prior to the hearing.

At the time of the filing of the petition, the Debtor owned the
Real Property.  On March 3, 2017, the Debtor was offered a signed
contract from Aria Legacy Group, LLC to purchase the following six
parcels of the Real Property located at: (i) 243-255 Laurel Street,
Hartford, Connecticut; (ii) 252 Laurel Street, Hartford,
Connecticut; (iii) 154-160A Collins Street, Hartford, Connecticut;
(iv) 21 Evergreen Avenue, Hartford, Connecticut; (v) 117-145 South
Marshall Street, Hartford, Connecticut; and (vi) 56 Webster Street,
Hartford, Connecticut, for the amount of $9,240,000.  Said contract
is subject to a financing commitment from a lender in the amount of
$6,712,000 and to such other inspections and document review as are
commercially reasonable and standard in transactions of this
nature.

On March 29, 2017, the Debtor was offered a signed contract from
Onyx Investments, LLC to purchase the remaining two parcels of the
Real Property located at: (i) 270 Laurel Street, Hartford,
Connecticut; and (ii) 360 Laurel Street, Hartford, Connecticut, for
the amount of $2,000,000.  Said contract specifically excludes any
fire insurance proceeds to which the Debtor is entitled.  Said
contract is not contingent upon any appraisal or financing
commitments from any lender, but is subject to such other
inspections and document review as are commercially reasonable and
standard in transactions of this nature.

The Debtor makes the Application for an Order authorizing it to
sell its right, title, and interest in and to the Real Property
listed.  Once the deeds to the parcels comprising the Real
Property, are transferred to their respective purchasers, the
Debtor will receive proceeds that will satisfy all of the debts
that have been the subject of the various Plans heretofore
submitted to the Court.  Accordingly, it is clear the Debtor has
exercised good business judgment in considering the sale and
maximizing the benefit to the estate's creditors.

Upon closing the sales, the Debtor will pay these costs out of the
sale proceeds: (i) Hartford Holdings - $8,683,395; (ii)
Reimbursement to Hartford Holdings for previous payments made to
the Metropolitan District Commission - $130,728; (iii) Taxes due
City of Hartford - $470,279; (iv) Unsecured Creditors - $7,893; (v)
Attorney Fees of Hartford Holdings as per Statement of Estimated
Attorney Fees filed as Doc. ID No. 930 - $644,500;
(vi)Administrative Fees - $300,000 ; (vii) Real Estate Commission -
$280,000; and (viii) Conveyance Taxes Per CT Law - (a) Contract
One: $115,500 and Contract Two: $25,000.  The net proceeds to the
Debtor is $582,704.

Subsequent to the sales, the Debtor will have cash on hand in
excess of $3,000,000 which is more than sufficient to pay any and
all tax liability.  

The Debtor reserves the right to enter into a "1031 Exchange" in an
effort to both reduce the tax liability and continue to engage in
business, with the understanding that any such 1031 Exchange must
be approved by the Court.

In the instant case, the sale of the Debtor's Real Property
maximizes the benefit to the estate by paying the secured creditor
in full, by paying 100% of all unsecured claims and by releasing
the debtor from financial obligations to maintain the Real
Property.  Accordingly, the Debtor asks the Court to approve the
sale of the Real Property, and for such other and further relief as
the Court may seem just and proper.

The Purchasers can be reached at:

          ARIA LEGACY GROUP, LLC
          567 8th St.
          Lakewood, NJ 08701

          ONYX INVESTMENTS, LLC
          73 Russ Street
          Hartford, CT

Aria Legacy Group, LLC is represented by:

          Bruce G. Temkin
          970 Farmington Ave.
          West Hartford, CT 06107
          Facsimile: (860) 904-5162

Onyx Investments, LLC is represented by:

          William Case, Esq.
          CASE & CASE, P.C.
          10 Tower Lane
          Avon, CT 06001

                  About Eternal Enterprise

Eternal Enterprises Inc. -- http://www.eternalenterprises.net/--  
was initially started in 1997 for the purpose of managing and
owning low income apartment buildings in Hartford, Connecticut.
Since its inception the Debtor has been a family business
primarily
operated by spouses, Vera Mladen and Dusan Mladen, and their son,
Goran Mladen.

Eternal Enterprises, which owns and manages eight properties
located in Hartford, Connecticut, filed a Chapter 11 bankruptcy
petition (Bankr. D. Conn. Case No. 14-20292) on Feb. 19, 2014.  
The petition was signed by Vera Mladen, president.  

Judge Ann M. Nevins presides over the case.  Irene Costello, Esq.,
at Shipkevich, PLLC, serves as counsel to the Debtor, while Greene
Law, PC, acts as special counsel.  Lakeshore Realty has been
tapped
as broker to the Debtor.  

The Debtor estimated assets at $50,000 to $100,000 and debt at $1
million to $10 million at the time of the Chapter 11 filing.

On Feb. 8, 2017, the Debtor filed a disclosure statement, which
explains its Chapter 11 plan of reorganization.  The plan proposes
to pay general unsecured creditors in full in cash.


FAIRMONT GENERAL: Former CEO's Claim Reduced by $65,693
-------------------------------------------------------
Judge Patrick M. Flatley of the United States Bankruptcy Court for
the Northern District of West Virginia overruled in part and
sustained in part the objection of Clifford A. Zucker, in his
capacity as Liquidating Trustee and Estate Representative of
Fairmont General Hospital, Inc., et al., to Robert Marquardt's
amended proof of claim.  Specifically, Marquardt's amended claim is
to be reduced by $65,693.05.  Additionally, none of Marquardt's
claim is entitled to priority status.

On December 8, 2016, the Liquidating Trustee objected to the
amended employment discharge proof of claim filed by Marquardt,
former President and Chief Executive Officer of Fairmont General
Hospital, Inc., based upon, among other things, the claim being
unenforceable against Fairmont.

In his amended proof of claim, Marquardt asserted a claim of
$311,312.12, decreased from his original total claim of
$358,564.61.  The claim still asserted $12,475 in priority
unsecured claims, while the remainder of the claim was alleged to
be general unsecured debt.

The Liquidating Trustee argued that Marquardt's claim is
unenforceable against Fairmont because his claim seeks to recover
severance compensation when he resigned, rather than was
terminated, from his position as Fairmont's President and CEO.
Moreover, the Liquidating Trustee asserted that Marquardt's
admitted request to characterize his departure as a resignation
estops him from seeking to recover any severance compensation.
Alternatively, the Liquidating Trustee pointed to certain
components of Marquardt's claim that are allegedly not enforceable
under his contract with Fairmont.  Finally, the Liquidating Trustee
asserted that Marquardt amended his proof of claim after the bar
date and plan confirmation, and that his amendments do not survive
the scrutiny necessary for late-amended proofs of claim.

In opposition, Marquardt asserted that his claim is enforceable as
he was constructively terminated by Fairmont under state law.
Moreover, he asserted that all of the components of his claim are
provided for in his employment agreement.  Finally, he asserted
that his claim, though amended well beyond the claims bar date, is
permissible because he merely adjusted the claim to be more
accurate and because he reduced the total amount of his claim.

Judge Flatley overruled the Liquidating Trustee's objection as to
the timing of the amendment.  The judge pointed out that the claim
was preserved because Marquardt filed his initial claim before the
bar date and Fairmont failed to object to the claim before
confirmation.  Further, the judge noted that in amending his claim,
Marquardt was providing greater accuracy and detail to the claim he
filed before the bar date.

Judge Flatley also overruled the Liquidating Trustee's objection as
it pertains to equitable estoppel, because there is no indication
that Fairmont was harmed in any way by allowing Marquardt to
represent that he resigned.

Judge Flatley also overruled the Liquidating Trustee's objection
regarding the inapplicability of the provisions of the Employment
Agreement because Marquardt resigned.  The judge found that
Marquardt was constructively terminated and that it is clear that
his resignation was induced by Fairmont's conduct.  The judge found
that Marquardt's request to resign, rather than be terminated, was
reasonable, particularly considering the professional reputational
harm that typically coincides with being terminated.

Judge Flatley, however, sustained the Liquidating Trustee's
objection with regard to priority treatment of $12,475.  The  judge
explained that while Marquardt sought to recover $12,475, he failed
to indicate why a portion of his claim is entitled to priority
treatment.  Further, the judge statesd that because Marquardt's
termination arose post-petition, his severance claim does not
qualify because it did not occur within 180 days before the filing
of the petition.

Lastly, Judge Flatley sustained the Liquidating Trustee's objection
regarding the paid time off component of the claim because none of
the attachments to Marquardt's employment agreement indicates that
Marquardt should be compensated for previously earned paid time off
or Legacy paid time off.

A full-text copy of Judge Flatley's March 24, 2017 memorandum
opinion is available at
http://bankrupt.com/misc/wvnb13-bk-01054-1811.pdf

              About Fairmont General Hospital

Fairmont General Hospital Inc. and Fairmont Physicians, Inc.,
which operate a 207-bed acute-care facility in Fairmont, West
Virginia, sought Chapter 11 bankruptcy protection (Bankr. N.D.
W.Va. Case No. 13-01054) on Sept. 3, 2013.  The fourth-largest
employer in Marion County, West Virginia, filed for bankruptcy as
it looks to partner with another hospital or health system.

The Debtors are represented by Rayford K. Adams, III, Esq., and
Casey H. Howard, Esq., at Spilman Thomas & Battle, PLLC, in
Winston-Salem, North Carolina; David R. Croft, Esq., at Spilman
Thomas & Battle, PLLC, in Wheeling, West Virginia, and Michael S.
Garrison, Esq., at Spilman Thomas & Battle, PLLC, in Morgantown,
West Virginia.  The Debtors' financial analyst is Gleason &
Associates, P.C.  The Debtors' claims and noticing agent is Epiq
Bankruptcy Solutions.  Hammond Hanlon Camp, LLC, has been engaged
as investment banker and financial advisor.

UMB Bank is represented by Nathan F. Coco, Esq., and Suzanne Jett
Trowbridge, Esq., at McDermott Will & Emery LLP.

The Committee of Unsecured Creditors is represented by Andrew
Sherman, Esq., and Boris I. Mankovetskiy, Esq., at Sills Cummis &
Gross P.C. and Kirk B. Burkley, Esq., Bernstein Burkley, P.C.
Janet Smith Holbrook, Esq., at Huddleston Bolen LLP, represents the
Committee as local counsel.

The Bankruptcy Court named Suzanne Koenig at SAK Management
Services, LLC, as patient care ombudsman.  Ms. Koenig hired her
own firm as medical operations advisor; and Greenberg Traurig, LLP,
as her counsel.

The Debtors have scheduled $48,568,863 in total assets and
$54,774,365 in total liabilities.


FANSTEEL INC: Has Stipulation to Continue Cash Collateral Use
-------------------------------------------------------------
Judge Anita L. Shodeen of the U.S. Bankruptcy Court for the
Southern District of Iowa overruled the objections to the Joint
Motion for Continued Use of Cash Collateral filed by Fansteel, Inc.
and its affiliated debtors.

The Debtor, Nuclear Regulatory Commission and Oklahoma Department
of Environmental Quality submitted a stipulation during the hearing
on the continued use of cash collateral.  Accordingly, the parties
are directed to file a stipulation or proposed consent order on or
before March 29, 2017, which will be approved by the Court.

A full-text copy of the Order, dated March 28, 2017, is available
at https://is.gd/8VT5rf

                       About Fansteel

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

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

The Debtors tapped Jeffrey D. Goetz, Esq., and Krystal R.
Mikkilineni, Esq., at Bradshaw, Fowler, Proctor & Fairgrave, P.C.,
as counsel; RSM US LLP as tax advisor; Jeffrey Sands and Dorset
Partners, LLC as business broker; and Mark J. Steger, Esq. at the
Clark Hill Law Firm as Environmental Counsel.

The U.S. Trustee for Region 12 on Sept. 23, 2016, appointed nine
creditors of Fansteel Inc. to serve on the official committee of
unsecured creditors.  The Official Committee retained Morris
Anderson & Associates, Ltd., as financial advisor, and Archer &
Greiner, P.C. and Nyemaster Goode, P.C., as counsel.

The Troubled Company Reporter has earlier reported that the U.S.
trustee for Region 12 announced that the nine-member unsecured
creditors' committee of Fansteel, Inc., will no longer serve as the
official committee in the company's Chapter 11 case.  The
bankruptcy watchdog added that it will be reconstituted as the
official committee of unsecured creditors in the Chapter 11 cases
of Wellman Dynamics Corp. and Wellman Dynamics Machinery &
Assembly, Inc.  In a filing March 22, 2017, the U.S. trustee
disclosed that a new creditors' committee has not yet been
appointed in Fansteel's bankruptcy case.


FIRST ONE HUNDRED: April 19 Hearing on Aaronson Plan Disclosures
----------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Florida is
set to hold a hearing on April 19, at 11:30 a.m., to consider
approval of the disclosure statement, which explains the Chapter 11
plan proposed by Aaronson Schantz Beiley P.A. for First One Hundred
LLC.

The hearing will take place at Courtroom 7, 301 North Miami Avenue,
Miami, Florida.  Objections are due by April 12.

The plan filed by Aaronson Schantz, a secured creditor, proposes to
sell six apartment buildings owned by First One Hundred to the City
of Orlando for $700,000.

In addition, the city will subordinate its lien claims of about
$3.7 million against the properties, and will release $7,449, which
is presently segregated in a tax escrow fund established under a
prior court order.

The proceeds generated from the transaction will be used to fund
the proposed plan, according to the disclosure statement filed on
March 21.

                     About First One Hundred

First One Hundred LLC (Bankr. S.D. Fla., Case No. 16-13973) sought
protection under Chapter 11 of the Bankruptcy Code on March 21,
2016.  The Debtor is represented by Zach B Shelomith, Esq., at
Leiderman Shelomith, PA.

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

The Debtor filed a plan of reorganization and accompanying
disclosure statement proposing for the sale of its real properties
and paying secured and unsecured creditors a distribution of 100%
of their allowed claims.

On March 21, 2017, Aaronson Schantz Beiley P.A., a secured
creditor, filed a disclosure statement, which explains its proposed
plan for the Debtor.  The plan proposes to sell the Debtor's real
properties to the City of Orlando.


FORBES ENERGY: Bankruptcy Court Confirms Reorganization Plan
------------------------------------------------------------
Forbes Energy Services Ltd. on March 31, 2017, disclosed that the
plan of reorganization under Chapter 11 of the U.S. Bankruptcy Code
of Forbes and its domestic subsidiaries has been confirmed by the
U.S. Bankruptcy Court for the Southern District of Texas-Corpus
Christi Division.  The Debtors, which filed for Chapter 11 on Jan.
23, 2017, anticipate that the Plan will become effective in
mid-April 2017.

Through the restructuring process and upon emergence, the Debtors
will achieve a net reduction in their debt by approximately $230
million.

The Plan anticipates that, among other things, on the Effective
Date (i) all existing Equity Interests (as defined in the Plan and
which include Forbes's common stock, Forbes's preferred stock,
awards under Forbes's prepetition incentive compensation plan and
the preferred stock purchase rights under Forbes's rights
agreement) of Forbes will be extinguished without recovery; (ii)
Forbes 9% senior notes due 2019 (the "Senior Notes") will be
cancelled and each holder of the Senior Notes will receive such
holder's pro rata share of (a) $20 million in cash and (b) 100% of
the new common stock of reorganized Forbes, subject to dilution
only as a result of the shares of new common stock of reorganized
Forbes issued or available for issuance in connection with a
proposed management incentive plan (the "Management Incentive
Plan"); (iii) certain holders of the Senior Notes will make
available to the reorganized Debtors a $50 million new first lien
term loan facility (the "Exit Facility") which is being backstopped
by certain holders of the Senior Notes; (iv) the Debtors' existing
loan and security agreement, dated as of September 9, 2011 (the
"Loan Agreement"), with Regions Bank will be terminated and a new
letter of credit facility entered into with Regions Bank (the "New
Regions Facility"); (v) Regions Bank, as the sole lender under the
Loan Agreement (the "Lender") will (a) receive cash to satisfy all
outstanding obligations with respect to the Revolving Advances (as
defined in the Loan Agreement), including, without limitation, all
outstanding Revolving Advances and all interest, fees, and other
charges due and payable under the Loan Agreement relating to the
Revolving Advances, and (b) as to the Issuer and Bank Product
Provider (as each term is defined in the Loan Agreement), continue
to hold the cash pledged by Debtors to collateralize all
outstanding letters of credit and Bank Product Obligations under
the Loan Agreement that will be covered by the New Regions
Facility; and (vi) holders of allowed creditor claims, aside from
holders of the Senior Notes, will either receive, on account of
such claims, payment in full in cash or otherwise have their rights
reinstated under the Bankruptcy Code.

The Plan and other information related to the Chapter 11 cases are
available at a website administered by the Debtors' claims agent,
Kurtzman Carson Consultants, LLC, at http://www.kccllc.net/forbes.

Pachulski Stang Ziehl & Jones LLP is acting as legal restructuring
counsel, Winstead PC is acting as corporate and securities counsel,
and Alvarez & Marsal North America, LLC and Jefferies LLC are
acting as financial advisors for the Company.  Fried, Frank,
Harris, Shriver & Jacobson LLP is acting as legal counsel and FTI
Consulting, Inc. is acting as financial advisor to those holders of
the Senior Notes party to the Restructuring Support Agreement dated
as of December 21, 2016 among the Debtors and such holders.

                       About Forbes Energy

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

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

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

The Debtors tapped Pachulski Stang Ziehl & Jones LLP as lead
counsel, Snow Spence Green LLP as local counsel, and Winstead PC as
corporate and securities counsel.  Alvarez & Marsal Holdings, LLC
serves as financial advisor, Kurtzman Carson Consultants LLC as
solicitation and balloting consultants, and BDO USA, LLP as tax and
audit services provider.


FORESIGHT ENERGY: Chris Cline Says Group Terminated
---------------------------------------------------
Christopher Cline reported in an amended Schedule 13D filed with
the Securities and Exchange Commission that as of March 28, 2017,
he beneficially owns 20,552,766 common units representing limited
partner interests, no par value, of Foresight Energy LP
representing 27.1 percent of the shares outstanding.

The Amendment No. 1 was filed by Mr. Cline to disclose the
termination of a "group" within the meaning of Section 13(d)(3) of
the Securities Exchange Act of 1934, as amended, that may have been
deemed to have been formed in connection with the execution of the
Power of Attorney Agreement, as previously disclosed in the
Schedule 13D filed by the Reporting Person and certain other
parties on Sept. 9, 2016.  This filing is not being made as a
result of any acquisition or disposition of Common Units by the
Reporting Person.

The Original Schedule 13D was filed in connection with a
restructuring of Foresight Energy, the terms of which were
described in the Original Schedule 13D and in the Issuer’s
Current Report on Form 8-K filed Sept. 6, 2016, which was
incorporated by reference into the Original Schedule 13D.  As
disclosed in the Original Schedule 13D, as part of the
Restructuring two wholly owned subsidiaries of the Issuer issued
Senior Secured Second Lien Exchangeable PIK Notes due 2017 (which
were guaranteed by the Issuer) to, among other persons, (i) Cline,
(ii) four trusts for the benefit of Cline's children, which trusts
collectively own all of the interests in Cline Trust Company LLC, a
limited liabilility company of which Donald R. Holcomb is manager,
(iii) Michael J. Beyer, (iv) Munsen LLC, a limited liability
company controlled by John Dickinson, (v) Filbert Holdings LLC, a
limited liability company controlled by Andrew Rimbach, and (vii)
Forest Glen Investments LLC, a limited liability company controlled
by Brian Glasser.

Cline, Cline Trust Company, Holcomb, Beyer, Dickinson, Rimbach and
Glasser were the reporting persons in the Original Schedule 13D.  

On March 28, 2017, Foresight Energy refinanced in full the
Exchangeable PIK Notes.  As a result of that refinancing, the Power
of Attorney Agreement was terminated and the "group" of which the
Original Schedule 13D Reporting Persons may have been deemed to
have been members was terminated.

In addition, as disclosed by Company in its Current Report on Form
8-K filed on March 7, 2017, in connection with the refinancing MEC
exercised its option to acquire an additional 46% voting interest
in Foresight Energy GP, LLC, which is the general partner of
Issuer, from Reserves and Michael J. Beyer pursuant to the terms of
that certain option agreement dated April 16, 2015, thereby
increasing MEC's voting interest in FEGP to 80%.  As of March 28,
2017, Cline is no longer a director of FEGP.

A full-text copy of the Schedule 13D/A is available for free at:

                      https://is.gd/LHwwLl

                    About Foresight Energy LP

Foresight Energy LP (NYSE: FELP) is engaged in the mining and
marketing of coal from reserves and operations located in the
Illinois Basin.  The Company control 2.1 billion tons of coal
reserves, almost all of which exist in three large, contiguous
blocks of coal: two in central Illinois and one in southern
Illinois.  Its reserves consist principally of over three
contiguous blocks of high heat content (high Btu) thermal coal,
which are used for longwall operations.

Foresight Energy reported a net loss of $178.62 million for the
year ended Dec. 31, 2016, compared to a net loss of $38.68 million
for the year ended Dec. 31, 2015.  As of Dec. 31, 2016, Foresight
Energy had $1.68 billion in total assets, $1.84 billion in total
liabilities and a total partners' deficit of $154.59 million.


FORESIGHT ENERGY: Closes Refinancing Transactions
-------------------------------------------------
Foresight Energy LP and its wholly-owned subsidiaries Foresight
Energy LLC and Foresight Energy Finance Corporation completed a
series of transactions comprising a refinancing of the following
indebtedness:

   * the Issuer's Second Lien Senior Secured PIK Notes due 2021;

   * the Issuers' Second Lien Senior Secured Exchangeable PIK
     Notes due 2017; and

   * the Issuer's outstanding credit facilities, including a
     revolving credit facility and a term loan.

The Issuers used (a) new debt financing, consisting of (i) $425.0
million aggregate principal amount of new senior secured
second-priority notes due 2023 and (ii) borrowings under new senior
secured first-priority credit facilities, including a new $825.0
million term loan, and a new $170.0 million revolving credit
facility (which New Revolving Credit Facility, except for letters
of credit, is undrawn), (b) the proceeds from the Murray
Investment, and (c) cash on hand, to refinance the Refinanced
Debt.
  
On March 27, 2017, Murray Energy Corporation and one of its
affiliates purchased a combined total of 9,628,108 common units of
the Company from the Company for an aggregate purchase price of
$60.6 million, which proceeds were further contributed to the
Issuer.  On March 27, the proceeds from the Murray Investment were
used to repay $54.5 million aggregate principal amount of the
Second Lien Notes.  The Murray Investment was approved by the
synergy and conflicts committee of the Company's general partner.

On March 28, 2017, the Issuers gave notice to the trustee for the
Second Lien Notes of their election to redeem the full amount of
remaining outstanding Second Lien Notes on April 27, 2017, and
irrevocably instructed the trustee to give notice of such
Redemption to the holders thereof.  The Issuers also irrevocably
deposited with the trustee, an amount in cash sufficient to redeem
such Second Lien Notes at a redemption price equal to 100.000% of
the principal amount thereof plus the applicable premium as of, and
accrued and unpaid interest to (but excluding), the Redemption
Date, in accordance with the provisions of the indenture governing
the Second Lien Notes.  Upon such deposit, the obligations under
the Second Lien Notes and the Indenture were satisfied and
discharged.

                    About Foresight Energy

Foresight Energy L.P. mines and markets coal from reserves and
operations located exclusively in the Illinois Basin.  As of
Dec. 31, 2015, the Company has invested over $2.3 billion to
construct state-of-the-art, low-cost and highly productive mining
operations and related transportation infrastructure.  The Company
controls over 3 billion tons of proven and probable coal in the
state of Illinois, which, in addition to making the Company one of
the largest reserve holders in the United States, provides organic
growth opportunities.  The Company's reserves consist principally
of three large contiguous blocks of uniform, thick, high heat
content (high Btu) thermal coal which is ideal for highly
productive long-wall operations.  Thermal coal is used by power
plants and industrial steam boilers to produce electricity or
process steam.

Foresight reported a net loss of $178.6 million in 2016 following a
net loss of $38.68 million in 2015.

                          *     *     *

In September 2016, S&P Global Ratings raised its issuer credit
rating on St. Louis-based Foresight Energy L.P. to 'B-' from 'D'.
The outlook is negative.  "The recent restructuring, including
exchange of the senior notes, along with associated amendments
resolves the previous conditions of default, waives certain
amortization requirements, and restores Foresight's access to its
revolving credit facility with revised covenants.  While we view
this restructuring as a positive development and continue to
consider Foresight's business risk profile to be among the
strongest in the beleaguered coal space, in our view, the company's
capital structure could become unsustainable," S&P said.

As reported by the TCR on March 6, 2017, Moody's Investors Service
upgraded Foresight Energy L.P.'s Corporate Family Rating (CFR) to
'B3' from 'Caa1', and its probability of default rating (PD) to
'B3-PD' from 'Caa1-PD'.  "The upgrade reflects the improved
industry conditions and the company's solid contracted position,
which drives Moody's expectations that Debt/ EBITDA, as adjusted,
will decline from 5.9x at September 30, 2016 to roughly 4.5x by the
end of 2017", says Anna Zubets-Anderson, the lead analyst for
Foresight.

The TCR reported by the TCR on March 3, 2017, that Fitch Ratings
has assigned a first-time Long-Term Issuer Default Rating (IDR) of
'B-' to Foresight Energy LP and Foresight Energy LLC.  Foresight
Energy LLC's new senior secured first lien term loan and new
revolving credit facility ratings are 'B+/RR2' and the new second
lien notes rating is 'CCC/RR6'.  The facilities are to be
guaranteed by Foresight Energy LP.


FRESH & EASY: Beverages Buying Liquor License No. 539763 for $35K
-----------------------------------------------------------------
Fresh & Easy, LLC, filed with the U.S. Bankruptcy Court for the
District of Delaware a notice that it is selling Liquor License
(No. 539763) to Beverages & More Inc. for $35,000.

The objection deadline is April 10, 2017, at 5:00 p.m. (ET).

On Dec. 3, 2015, the Court entered a Miscellaneous Asset Sale
Order, authorizing the Debtor to sell or transfer certain
miscellaneous assets pursuant to the procedures set forth in the
Miscellaneous Asset Sale Order.  Pursuant to the Miscellaneous
Asset Sale Order, the Debtor proposes to sell the Liquor License to
the Buyer pursuant to the Purchase Agreement.

The Debtor proposes to sell the Liquor License to the Buyer on an
"as is, where is" basis, free and clear of all liens, claims,
interests, and encumbrances.

A copy of the Purchase Agreement and Miscellaneous Asset Sale Order
attached to the Notice is available for free at:

          http://bankrupt.com/misc/Fresh_&_Easy_2047_Sales.pdf

The known parties holding liens or other interest in the Liquor
License are: (i) Wells Fargo Bank, National Association; (ii)
Womble Carlyle Sandridge & Rice LLP; (iii) California Department of
Alcoholic Beverage Control Headquarters; (iv) California State
Board of Equalization; (v) State of California Franchise Tax Board;
(vi) Ahmad Zarrabian Living Trust; (vii) Vista Lucky Plaza; and
Dean Vasquez.

If no objections are received by the Debtor by the Objection
Deadline, then the Debtor may proceed with the proposed sale in
accordance with the terms of the Miscellaneous Asset Sale Order.

                       About Fresh & Easy

Fresh & Easy, LLC, a chain of grocery stores in the Southwest
United States, filed a Chapter 11 bankruptcy petition (Bankr. D.
Del. Case No. 15-12220) on Oct. 30, 2015.  The petition was signed
by Peter McPhee, the CFO.  The Debtor estimated assets of $10
million to $50 million and liabilities of at least  $100 million.

Judge Christopher S. Sontchi is assigned to the case.

The Debtor has engaged Norman L. Pernick, Esq., Kate J. Stickles,
Esq., and David W. Giattino, Esq., at Cole Schotz P.C. as counsel;
Epiq Bankruptcy Solutions, LLC, as claims and noticing agent; DJM
Realty Services, LLC; and CBRE Group, Inc., as real estate
consultants; and FTI Consulting, Inc., as restructuring advisors.

The Official Committee of Unsecured Creditors hired Fox Rothschild
LLP and ASK LLP as counsel.

                          *     *     *

The Debtor has undertaken the process of liquidating the estate's
assets located at its retail locations and distribution center
with the assistance of Hilco Merchant Resources, LLC, and
Industrial Assets Corp., respectively, has engaged DJM Realty
Services, LLC, and CBRE, Inc., to market its leasehold interests,
and has recently engaged Hilco Streambank to assist with the
disposition of its intellectual property.

As part of the claims process, a bar date of Feb. 19, 2016, was
established by the Court for creditor claims.


FULLCIRCLE REGISTRY: Will File Form 10-K Within Extension Period
----------------------------------------------------------------
FullCircle Registry, Inc. was unable to file its annual report on
Form 10-K for the period ended Dec. 31, 2016, within the prescribed
time period due to its difficulty in completing and obtaining
required financial and other information without unreasonable
effort and expense.  The Company expects to file the Form 10-K
within the time period permitted by this extension.

                    About FullCircle Registry

Shelbyville, Kentucky-based FullCircle Registry, Inc., targets the
acquisition of small profitable businesses.  FullCircle Registry,
Inc., has become a holding company with three subsidiaries.  They
are FullCircle Entertainment, Inc., FullCircle Insurance Agency,
Inc. and FullCircle Prescription Services, Inc.  Target companies
for future acquisition are those in search of exit plans for the
owners and are intended to continue autonomous operations as
current ownership is phased out over a period of 3-5 years.

FullCircle reported a net loss of $696,000 on $1.14 million of
revenues for the year ended Dec. 31, 2015, compared to a net loss
of $653,000 on $1.49 million of revenues for the year ended
Dec. 31, 2014.  As of Sept. 30, 2016, FullCircle had $5.08 million
in total assets, $6.52 million in total liabilities and a total
stockholders' deficit of $1.43 million.

Somerset CPAs, P.C., in Indianapolis, Indiana, 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 has a net capital deficiency
that raises substantial doubt about its ability to continue as a
going concern.


GENERAL WIRELESS: Seeks to Hire Jones Day as Co-Counsel
-------------------------------------------------------
General Wireless Operations Inc. seeks approval from the U.S.
Bankruptcy Court for the District of Delaware to hire Jones Day.

Jones Day will serve as co-counsel with Pepper Hamilton LLP,
another firm tapped by General Wireless as legal counsel in
connection with the Chapter 11 cases filed by the company and its
affiliates.  The services to be provided by the firm include:

     (a) advising the Debtors of their rights, powers and duties
         under the Bankruptcy Code;

     (b) preparing legal papers;

     (c) reviewing the nature and validity of any liens asserted
         against the Debtors' property and advising them
         concerning the enforceability of those liens;

     (d) advising the Debtors regarding their ability to initiate
         actions to collect and recover property;

     (e) assisting the Debtors in connection with asset
         dispositions;

     (f) advising the Debtors regarding employment-related issues;

     (g) assisting the Debtors in negotiations with debt holders
         and other stakeholders;

     (h) advising the Debtors regarding the assumption, assignment

         or rejection of executory contracts and unexpired leases;

     (i) advising the Debtors in connection with the formulation,
         negotiation and promulgation of any plan of
         reorganization;

     (j) assisting the Debtors in reviewing, estimating and
         resolving claims asserted against the estates;

     (k) commencing litigation to assert rights held by the
         Debtors, protect assets of their estates or further the
         goal of completing their reorganization; and

     (l) providing non-restructuring services to the extent
         requested by the Debtors.

The hourly rates charged by the firm are:

     Partners              $600 - $1,350
     Of Counsel            $675 - $1,125
     Counsel                 $575 - $875
     Associates              $325 - $925
     Sr. Staff Attorneys     $425 - $525
     Staff Attorneys         $300 - $675
     Paralegals              $225 - $425

The Debtors provided the firm with an advance payment of $100,000
for its services.

Mark Cody, Esq., a partner at Jones Day, disclosed in a court
filing that the 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.
Cody disclosed that his firm did not agree to any variations from
or alternatives to its customary billing arrangements in connection
with its employment.

Mr. Cody also disclosed that Jones Day represented the Debtors
within the 12-month period prior to its bankruptcy filing, and
charged them the firm's standard rates.

Jones Day and the Debtors developed an initial staffing plan and
identified the billing rates for the firm's engagement.  Both
expect to develop a prospective budget and staffing plan to comply
with the U.S. trustee's requests for additional disclosures,
according to Mr. Cody.

Jones Day can be reached through:

     Scott J. Greenberg, Esq.
     Jones Day
     250 Vesey Street
     New York, NY 10281-1047
     Tel: (212) 326-3939
     Fax: (212) 755-7306
     Email: sgreenberg@jonesday.com

          - and -

     Mark A. Cody, Esq.
     Jones Day
     Chicago, IL 60601-1692
     Tel: (312) 782-3939
     Fax: (312) 782-8585
     Email: macody@jonesday.com
  
               About General Wireless Operations

Based in Fort Worth, Texas, General Wireless Operations Inc., doing
business as RadioShack -- http://www.RadioShack.com-- operates a
chain of electronics stores.  Its predecessor, RadioShack Corp.,
then with 4,000 locations, sought Chapter 11 protection (Bankr. D.
Del. Case No. 15-10197) in February 2015 and announced plans to
close underperforming stores.  

In March 2015, Standard General affiliate General Wireless won
court approval to purchase RadioShack Corp.'s assets, gaining
ownership of around 1,700 RadioShack locations.  Two years later,
General Wireless commenced its own bankruptcy case, announcing
plans to close 200 of 1,300 remaining stores.

General Wireless Operations Inc., and its affiliates based in Fort
Worth, Texas, filed a Chapter 11 petition (Bankr. D. Del. Lead Case
No. 17-10506) on March 8, 2017.  In its petition, General Wireless
estimated $100 million to $500 million in both assets and
liabilities.  The petition was signed by Bradford Tobin, SVP,
general counsel.

The Debtors tapped Pepper Hamilton LLP as legal counsel; Loughlin
Management Partners & Company, Inc. as financial advisor; and Prime
Clerk, LLC as claims and noticing agent.


GORDMANS STORES: Hires Ordinary Course Professionals
----------------------------------------------------
Gordmans Stores, Inc., and its debtor-affiliates seek permission
from the U.S. Bankruptcy Court for the District of Nebraska to
retain Professionals utilized in the ordinary course of business.

Gordmans Stores, Inc., together with its Debtor affiliates, is a
retail company engaged in the sale of apparel, home goods, and
other merchandise at over 100 stores in 22 states throughout the
United States and through e-commerce operations.

The Debtors employ attorneys, accountants, and other professionals
in the ordinary course (such professionals, collectively, the
"OCPs"). The OCPs provide services for the Debtors in a variety of
matters unrelated to these chapter 11 cases, including specialized
legal, accounting, auditing, and tax services.

The Debtors seek to employ additional OCPs as necessary during the
course of these chapter 11 cases, subject to the OCP Procedures:

     Ernst & Young LLP            Outsourced corporate federal
                                  and state tax auditors           
             
     Baird Holm LLP               Legal-HR
     Armstrong Teasdale LLP       Legal

The Debtors submit that the continued employment and compensation
of the OCPs is in the best interests of the Debtors' estates, their
creditors, and other parties in interest. The OCPs have significant
knowledge, expertise, and familiarity with the Debtors and their
operations. And without the OCPs' knowledge, expertise, and
familiarity in certain matters, the Debtors undoubtedly would incur
additional and unnecessary expenses in educating and retaining
replacement professionals.

The Debtors shall be authorized to pay, without formal application
to the Court by any OCP, 100 percent of fees and disbursements to
each of the OCPs retained by the Debtors pursuant to the OCP
Procedures upon submission to the Debtors of an appropriate invoice
setting forth in reasonable detail the nature of the services
rendered after the Petition Date; provided, that fees paid to OCPs,
excluding costs and disbursements, may not exceed $100,000 per
month per OCP in the aggregate, calculated as an average over a
rolling three-month period while these chapter 11 cases are pending
(the "OCP Monthly Cap") (it being understood and agreed that there
shall be no application of a rolling three-month average for the
first month); provided, further, that the total amount disbursed
per quarter for each OCP may not exceed $300,000 per OCP (the "OCP
Quarterly Cap," and together with the OCP Monthly Cap,
collectively, the "OCP Caps").

To the extent that fees payable to any OCP exceed the OCP Cap, the
applicable OCP shall file a fee application (a "Fee Application")
with the Court for the amount in excess of the OCP Cap in
accordance with sections 330 and 331 of the Bankruptcy Code, the
Bankruptcy Rules, the Local Rules, the fee guidelines promulgated
by the Office of the United States Trustee, and any applicable
orders of the Court, unless the U.S. Trustee agrees otherwise.

Within 14 days of the date on which an OCP commences work for the
Debtors, such OCP shall cause a declaration of disinterestedness.

                  About Gordmans Stores, Inc.

Gordmans, Inc. -- http://www.gordmans.com/-- is a retail company  
engaged in the sale of apparel, home goods, and other merchandise.
Founded in 1915, Gordmans operates 106 stores in 62 markets and 22
states throughout the United States and through e-commerce
operations.

Gordmans Stores, Inc., and five of its affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D. Neb. Lead Case
No. 17-80304) on March 13, 2017.  The petitions were signed by
Andrew T. Hall, president, CEO and secretary.  The cases are
assigned to Judge Thomas L. Saladino.

At the time of the filing, the Debtors disclosed $274 million in
assets and $131 million in liabilities.

The Debtors engaged Patrick J. Nash, Jr., Esq., Brad Weiland, Esq.,
and Jamie R. Netznik, Esq. of Kirkland & Ellis LLP, as bankruptcy
counsel.  The Debtors also hired Joyce A. Dixon, Esq. at Kutak Rock
LLP as local counsel, Duff & Phelps as financial advisor, and Epiq
Bankruptcy Solutions LLC as claims and noticing agent.

The Office of the U.S. Trustee on March 15 appointed seven
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 cases.  The committee members are: (1) Werner
Enterprises, Inc.; (2) Marketplace on First, LC; (3) GGP Limited
Partnership; (4) Catalyst Westowne, LLC; (5) Kellermeyer Bergensons
Services, LLC; (6) DDR Corp.; and (7) Ezrasons Inc.



GREEN VALLEY: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------
Affiliates debtors that filed separate Chapter 11 bankruptcy
petitions:

     Debtor                                      Case No.
     ------                                      --------
     GV Hospital Management, LLC                 17-03351
        dba Green Valley Hospital
     4455 S. I-19 Frontage Rd.
     Green Valley, AZ 85622

     Green Valley Hospital, LLC                  17-03353
        dba Green Valley Hospital
     4455 S. I-19 Frontage Rd.
     Green Valley, AZ 85622

     GV II Holdings, LLC                         17-03354
     4455 S. I-19 Frontage Rd.
     Green Valley, AZ 85622

Type of Business: Green Valley Hospital --
                  http://www.greenvalleyhospital.com-- is a
                  licensed and general acute care hospital open 24
                  hours a day, seven days a week.  It cost more
                  than $75 million to construct and equip, and
                  opened in May of 2015.  The Hospital is a 49-bed
                  general acute care hospital with a 12-bed
                  emergency department.  The Hospital currently
                  has approximately 337 employees, and has
                  credentialed over 232 physicians on its medical
                  staff.

Chapter 11 Petition Date: April 3, 2017

Court: United States Bankruptcy Court
       District of Arizona (Tucson)

Judge: Hon. Scott H. Gan
       
Debtors' Counsel: S. Cary Forrester, Esq.
                  John R. Worth, Esq.
                  FORRESTER & WORTH, PLLC
                  3636 North Central Avenue, Suite 700
                  Phoenix, AZ 85012
                  Tel: 602-271-4250
                  Fax: 602-271-4300
                  Email: scf@forresterandworth.com
                         jrw@forresterandworth.com

                                    Estimated    Estimated
                                     Assets     Liabilities
                                   ----------   -----------
GV Hospital Management             $50M-$100M   $50M-$100M
Green Valley Hospital              $1M-$10M     $50M-$100M
GV II Holdings                     $500K-$1M    $10M-$50M

The petition was signed by Grant Lyon, chairman of the Board.

A. List of GV Hospital Management's 20 Largest Unsecured Creditors:


   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Aetna Funding Advantage                                 $231,450
Department F953
2850 Shadelands
Dr, Ste 200
Walnut Creek, CA 94598

Arizona Dept of Revenue                                 $180,000
Email: oicprocessing@azdor.gov

Arizona Health Care Cost Containment                    $600,000
System Admin
801 E Jefferson St
Phoenix, AZ 85034
Tel: 602-417-4000
Email: HospitalAssessmentProject@azahcccs.gov

AZ Inpatient Medicine Assoc                             $162,600

Beth Ford                                               $280,792
Pima County Treasurer
PO Box 29011
Phoenix, AZ 85038
Tel: (520) 724-8341
Email: towebmaster@pima.gov

Carefusion Solutions 2200                               $153,134

Centers for Medicare and                              $1,540,109
Medicaid Services
7500 Security Blvd
Baltimore, MD 21244

Cerner Corporation                                    $2,182,818
2800 Rockcreek Parkway
Kansas City, MO 64117
Tel: 8162211024
Email: MNaughton@cerner.com

GE Healthcare                                           $347,827
PO Box 96483
Chicago, IL 60693
Tel: 8003452700
Email: Christopherholm@ge.com

GE Medical Systems Information                          $350,398
Technologies
5517 Collections CTR Dr
Chicago, IL 60693
Tel: 8003452700
Email: Christopherholm@ge.com

GVH MOB 2 LLC                                           $187,100
Email: glyon@krysglobalusa.com

Internal Revenue Service/                             $1,719,357
United States Treasury
Cincinnati, OH
45999-0039
Tel: 800-829-4933

M*Modal Services Ltd                                    $277,527
5000 Meridian Blvd, Suite 200
Franklin, TN 37067
Tel: 267-940-5637
Email: brandon.helton@mmodal.com

MCA Financial Group Ltd.                                $255,556
4909 N 44th St
Phoenix, AZ 85018
Tel: 602.710-2500
Email: maaron@mca-financial.com

Northwest Medical Center/                               $169,942
Shared Service Center

Pima Heart Physicians PC                                $305,000
3375 N Campbell Ave
Tucson, AZ 85719
Tel: 520-838-3540
Email: David.Malloy@pimaheart.com

PIMA Vascular Physicians                                $422,520
3375 N Campbell
Tucson, AZ 85719
Tel: 520-3200717
Email: info@pimavascular.com

Proscribe LLC                                           $186,487
Email: info@proscribemd.com

Pulmonary Assoc of Sthn Arizona/                        $259,980
PASA
1951 N Wilmot Rd, Building 4
Tucson, AZ 85712
Tel: 5203181114
Email: info@pasatucson.com

Tucson Electric Power                                   $179,793

B. List of Green Valley Hospital's Five Largest Unsecured
Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
McDowell Enterprises                                   $2,903,963
9237 E Via De Ventura
Suite 110
Scottsdale, AZ 85258
Tel: 480.990.8136
Email: jim@mcdowellaz.com

Med One Capital Funding, LLC                              Unknown
Email: info@medonegroup.com

Padmon, LLC                                            $5,000,000
471 Camino Providencia
Rio Rico, AZ 85648

Premier Strategy Group                                    $24,455

SQN Asset Finance Limited                                 Unknown
124 Bridge Road
Surrey, KT16 8LH
United Kingdom

C. List of GV II Holdings's Five Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Edwards, Largay, Mihaylo & Co.                             $1,176

Nearhood Agency Services                                      $25

Nearhood Law Offices                                      $15,389

Pima County Treasurer                                      $8,877

Twins Management                                             $210


GUIDED THERAPEUTICS: Will Limit Shandong's Stock Ownership to 4.9%
------------------------------------------------------------------
Guided Therapeutics, Inc., entered into a letter agreement with
Shandong Yaohua Medical Instrument Corporation on March 28, 2017,
to amend the January 2017 license agreement with SMI.  Pursuant to
the letter agreement, SMI has agreed to limit its beneficial
ownership of the Company's common stock on any given date to no
more than 4.99% of the then-outstanding common stock.  Any shares
withheld from issuance due to the beneficial ownership limitation
would be later issued upon a determination by SMI that issuance of
those withheld shares no longer would result in SMI beneficial
ownership in excess of 4.99% of outstanding shares.

As consideration for the limitation, the Company has agreed to
issue to SMI three warrants, each exercisable for 15,000 shares of
the Company's common stock, to be issued in conjunction with the
next three cash payments by SMI under the January 2017 license
agreement.  Each warrant will be immediately exercisable (subject
to the beneficial ownership limitation), have an exercise price
equal to the lesser of the closing price per share for the average
of five consecutive days preceding the payment by SMI and $1.25 per
share, and have a term of five years.

The issuance of the warrants are 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.  Should
the warrants be exercised for 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.


H-D ACQUISITION: Unsecureds to be Paid in Full in Five Years
------------------------------------------------------------
H-D Acquisition Corp., Inc., filed with the U.S. Bankruptcy Court
for the Eastern District of Pennsylvania an amended disclosure
statement dated March 27, 2017, referring to the Debtor's plan of
reorganization.

General unsecured creditors will be paid in full in annual payments
over the five-year life of the Plan.

The Plan provided full payment to all administrative and priority
tax claims.  Secured creditors will retain their respective liens
on the Debtor's property and be paid in full with continued
interest over the five-year life of the Plan.

The Debtor will continue to exist as the Reorganized Debtor after
the Effective Date.  On the Effective Date, all remaining assets of
the Debtor will be transferred and vest in the Debtor.  All
distribution under the Plan on account of allowed claims and
interests will be made by the Debtor on the 20th day of each month,
starting the 30th day after the Effective Date.  

The Disclosure Statement is available at:

           http://bankrupt.com/misc/paeb16-13648-62.pdf

                       About H-D Acquisition

H-D Acquisition Corp., Inc., owns a single asset at 2231-43 E.
Ontario Street, Philadelphia, a 25,000 sq. ft. multi-tenant
industrial building consisting of a mix of commercial space,
warehouse/industrial space, and a parking lot.  The Debtor has
owned the premises since 1993.  The Debtor is owned by its
principal, Allen Woodruff.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. E.D.
Pa. Case No. 16-13648) on May 21, 2016.

Judge Ashely M. Chan presides over the case.

The Debtor estimated assets of $500,000 to $1 million and estimated
debts of $100 million to $500 million.

Robert M. Kline, Esq., serves as the Debtor's counsel.


HAIMIL REALTY: Unsecureds to be Paid in Full at 3% Under New Plan
-----------------------------------------------------------------
Haimil Realty Corp. filed with the U.S. Bankruptcy Court for the
Southern District of New York its first amended disclosure
statement in connection with its chapter 11 plan of reorganization.


The new restructuring plan proposes to pay Class 8 general
unsecured creditors in full with interest at the rate of 3% per
annum.

The previous version of the plan proposed to pay Class 8 claimants
in full but without interest.

Class 8 consists of the Allowed General Unsecured Claims, if any,
of Consolidated Edison Company of New York, Inc. (Claim No. 3 in
the amount of $272.42) and Marc E. Verzani, Esq. (Claim No. 8 in
the amount of $53,357,33).

The primary vehicles for the implementation of the plan are the
exit financing obtained by the Debtor and a post-confirmation sale
of the Debtor's Commercial Unit.

The First Amended Disclosure Statement is available at:

        http://bankrupt.com/misc/nysb14-11779-140.pdf

                    About Haimil Realty Corp.

Haimil Realty Corp., based in New York, filed for Chapter 11
bankruptcy (Bankr. S.D.N.Y. Case No. 14-11779) on June 11, 2014,
in
Manhattan.  The petition was signed by Menachem Haimovich,
president.  Douglas J. Pick, Esq., at Pick & Zabicki LLP, serves
as
the Debtor's counsel.  

In its schedules, the Debtor listed total assets of $5.57 million
and total liabilities of $332,847.


HAMMER FIBER OPTICS: Recurring Losses Raise Going Concern Doubt
---------------------------------------------------------------
Hammer Fiber Optics Holdings Corp. filed with the U.S. Securities
and Exchange Commission its quarterly report on Form 10-Q,
disclosing a net loss of $1.42 million on $38,014 of revenue for
the three months ended January 31, 2017, compared to a net loss of
$264,904 million on $nil of revenue for the same period in 2016.

For the six months ended January 31, 2017, the Company listed a net
loss of $2.47 million on $38,014 of revenue, compared to a net loss
of $438,049 on $nil of revenue for the same period in the prior
year.

The Company's balance sheet at January 31, 2017, showed total
assets of $6.52 million, total liabilities of $3.90 million, and a
stockholders' equity of $2.62 million.

The Company has not attained profitable operations and are
dependent upon obtaining additional debt and/or equity capital from
third-party sources to sustain operations or to pursue acquisitions
and other business development activities.  For these reasons,
there is substantial doubt about the Company's ability to continue
as a going concern.

A full-text copy of the Company's Form 10-Q is available at:
                
                   http://bit.ly/2nNdTEM

Hammer Fiber Optics Holdings Corp., formerly Tanaris Power
Holdings, Inc., is an alternative telecommunications carrier formed
to provide high capacity broadband through a wireless access
network.  The Company provides diversified dark fiber networking
solutions, as well as broadband wireless access networks in the New
Jersey (Southern and Central region) and the Metro Philadelphia
area.



HEALTHIER CHOICES: Reports $10.7 Million Net Income for 2016
------------------------------------------------------------
Healthier Choices Management Corp. filed with the Securities and
Exchange Commission its annual report on Schedule 10-K disclosing
net income allocable to common shareholders of $10.68 million on
$10.57 million total sales for the year ended Dec. 31, 2016
compared with net loss allocable to common shareholders of $36.27
million on $5.253 million total sales for the year ended Dec. 31,
2015.

As of Dec. 31, 2016, Healthier Choices Management Corp had $17.23
million total assets, $14.78 million total liabilities, and $2.458
million total stockholders' equity.

Net vapor sales increased $1.469 million to $6.722 million for the
12 months ended Dec. 31, 2016 as compared to $5.253 million for the
same period in 2015.  The increase in sales is primarily due to the
increased number of stores open during 2016 of twenty, compared to
eight retail stores it acquired in connection with its acquisition
of Vaporin in March of 2015.  Sales for five Florida and two
Georgia retail stores were not sufficient to recover operating
costs and the decision was made to close these seven stores by Dec.
31, 2016.

Net grocery store sales were $3.843 million with the June 1, 2016
acquisition of Ada's Natural Market and represents seven months of
sales.

Total operating expenses decreased $11.53 million to $14.096
million for the 12 months ended Dec. 31, 2016 compared with $25.63
million for the same period in 2015.  The decrease is primarily
attributable to a decrease of approximately $11.45 million for
impairment of goodwill in 2015, a decrease in professional fees of
$682,760, a decrease in postage and delivery of $93,727 and
depreciation expense of $87,714.  These decreases were offset by
increases in payroll and employee related cost of $1.666 million.

The net cash used in financing activities of $3.345 million for the
twelve months ended December 31, 2016 is due to repurchases of
Series A warrants totaling $3.279 million and payment of $66,389 of
capital lease obligation.

At Dec. 31, 2016 and Dec. 31, 2015, the Company do not have any
material financial guarantees or other contractual commitments with
these vendors that are reasonably likely to have an adverse effect
on liquidity.

Marcum LLP issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2016.
The Auditor said the Company has incurred net losses and needs to
raise additional funds to meet its obligations and sustain its
operations.  In addition, the Company currently does not have
enough authorized common shares to settle all of its outstanding
warrants if such warrants were exercised pursuant to their cashless
exercise provisions.  As a result, the Company could be required to
settle a portion of these warrants with cash.  These conditions
raise substantial doubt about the Company's ability to continue as
a going concern.

A full-text copy of Form 10-K is available for free at
https://is.gd/VSIkD4

                   About Healthier Choices

Healthier Choices Management Corp., formerly Vapor Corp, is a
holding company focused on providing consumers with healthier daily
choices with respect to nutrition and other lifestyle alternatives.
One segment of the Company's business is a U.S. based retailer of
vaporizers and e-liquids.  The other segment is our natural and
organic grocery operations in Ft. Myers, Florida.  Healthier
Choices Management Corp. sells direct to consumer via company-owned
brick-and-mortar retail locations operating under "The Vape Store"
and "Ada's Natural and Organic" brands.

Vapor Corp reported a net loss allocable to common shareholders of
$36.26 million in 2015 following a net loss allocable to common
shareholders of $13.85 million in 2014.   



HIDALGO INDUSTRIAL: Hires Forshey & Prostok as Attorneys
--------------------------------------------------------
Hidalgo Industrial Services, Inc., seeks authorization from the
U.S. Bankruptcy Court for the Northern District of Texas to employ
Forshey & Prostok, LLP as attorneys for the Debtor.

The Debtor requires F&P to:

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

     b. advise the Debtor concerning, and assist in the negotiation
and documentation of, agreement, debt restructuring, and related
transactions;

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

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

     e. prepare on behalf of the Debtor all necessary and
appropriate applications, motions, pleadings, draft orders,
notices, schedules and other documents, and review all financial
and other reports to be filed in this Chapter 11 case;

     f. advise the Debtor concerning, and prepare responses to,
applications, motions, pleadings, notices and other papers that may
be filed as served in this Chapter 11 case;

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

     h. perform other legal service for and on behalf of the Debtor
that may be necessary or appropriate in connection with, or arising
from, this Chapter 11 case or the Debtor's business and operations,
including advising and assisting the Debtor with respect to debt
restructuring and asset dispositions, and general partnership, tax,
finance, real estate and litigation matters; and

     i. advise or represent the Debtor on all matters and
undertakings with respect to which F&P may be requested to either
undertake or advise the Debtor.

F&P will be paid at these hourly rates:

     Partners                           $575
     Associates or Contact Attorneys    $225-$425
     Legal Assistants                   $150-$195

During the prepetition period of September 2016 to February 2017,
the Debtor became obligated to F&P for legal services rendered and
expenses advanced in the aggregate amount of $40,076.05. Prior to
the Petition Date, F&P drew down $40,000 from the retainer to cover
its prepetition fees and expense incurred for September 2016 to
February 25, 2017. F&P has agreed to waive the remaining balance of
$76.05. The current unused balance of the prepetition retainer paid
to F&P is $85,000.

F&P will also be reimbursed for reasonable out-of-pocket expenses
incurred.

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

F&P may be reached at:

     Jeff P. Prostok, Esq.
     Forshey & Prostok, LLP
     777 Main Street, Suite 1290
     Forth Worth, TX 76102
     Phone: (817)877-8855
     Fax: (817)877-4151
     E-mail: jprostok@forsheyprostok.com

                About Hidalgo Industrial Services

Hidalgo Industrial Services, Inc., is a Texas corporation
originally incorporated in 1992. The Debtor offers a full line of
construction services such as general construction,
mechanical/HVAC, plumbing, process & utility piping, industrial
ventilation, excavation, concrete: foundations and site paving,
interior finish, structural steel erection.

Hidalgo Industrial Services, Inc., filed a Chapter 11 petition
(Bankr. N.D. Tex. Case No. 17-40735) on Feb. 26, 2017.  The Debtor
is represented by Jeff P. Prostok, Esq., and Clarke V. Rogers,
Esq., at Forshey & Prostok LLP.

No creditors' committee has been appointed in the Debtor's case by
the U.S. Trustee. Further, no trustee or examiner has been
requested or appointed in the Debtor's case.



HOUSTON PLATE: Must File Plan & Disclosure Statement by Aug. 1
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Texas has
given Houston Plate Processing, Inc., until Aug. 1, 2017, to filed
a Chapter 11 plan of reorganization and disclosure statement.

                 About Houston Plate Processing

Houston Plate Processing, Inc., sought protection under Chapter 11
of the Bankruptcy Code (Bankr. S. D. Texas Case No. 17-30603) on
Feb. 2, 2017.  The petition was signed by Jeremiah E. Thompson,
president.  The case is assigned to Judge Karen K. Brown.  Margaret
M. McClure, Esq., at the Law Office of Margaret M. McClure serves
as the Debtor's bankruptcy counsel.

At the time of the filing, the Debtor disclosed $1.13 million in
assets and $2.3 million in liabilities.


HYDROSCIENCE TECHNOLOGIES: Voluntary Chapter 11 Case Summary
------------------------------------------------------------
Affiliated Debtors that filed separate Chapter 11 bankruptcy
petitions:

     Debtor                                     Case No.
     ------                                     --------
     Hydroscience Technologies, Inc.            17-41442
     6100 Columbia Rd.
     Mineral Wells, TX 76067

     Solid Seismic, LLC                         17-41444           
          
     6100 Columbia Rd.
     Mineral Wells, TX 76067

Business Description: Established in 1996, Hydroscience
Technologies -- http://www.seamux.com-- designs, manufactures, and
delivers customized systems for various seismic applications
for the commercial, government, and education agencies.

Chapter 11 Petition Date: April 3, 2017

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

Judge: Hon. Mark X. Mullin (17-41444)
       Hon. Russell F. Nelms (17-41442)

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

                                      Estimated    Estimated
                                       Assets     Liabilities
                                     ----------   -----------
Hydroscience Technologies            $10M-$50M    $1M-$10M
Solid Seismic, LLC                   $1M-$10M     $10M-$50M

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Fred Woodland, manager, Solid Seismic.

The Debtors failed to include a list of their 20 largest unsecured

creditors at the time of the filing.

Full-text copies of the petitions are available for free at:

          http://bankrupt.com/misc/txnb17-41444.pdf
          http://bankrupt.com/misc/txnb17-41442.pdf


IMMUCOR INC: S&P Affirms 'CCC+' CCR & Revises Outlook to Negative
-----------------------------------------------------------------
S&P Global Ratings affirmed its 'CCC+' corporate credit rating on
Immucor Inc. and revised the outlook to negative from stable.

At the same time, S&P affirmed its 'B-' issue-level rating on the
company's senior secured facilities.  The recovery rating on this
debt is '2', reflecting S&P's expectation for substantial (70%-90%;
rounded estimate: 80%) recovery in the event of default.

S&P also affirmed its 'CCC-' issue-level rating on the company's
senior unsecured notes.  The recovery rating on this debt is '6',
reflecting S&P's expectation for negligible (0%-10%; rounded
estimate: 5%) recovery in the event of a payment default.

The rating affirmation reflects S&P's expectation that, despite
ongoing profitability pressure and persistently high leverage,
Immucor will be able to cover its operating expenses and annual
debt amortization requirements from a modest cash flow generation
over the next 12 months as a result of a slight uptick in revenue
growth.  At the same time, the negative outlook reflects S&P's
uncertainty about Immucor's ability to refinance or amend its
senior secured term loan given an August 2018 maturity date and
persistently weak credit measures.

As of Nov. 30, 2016, Immucor's rolling-12-months (RTM) revenue
declined by 1%, its EBITDA margin contracted to 27.5% from 31% a
year ago, its leverage increased to 10.8x, and it had negative free
operating cash flow for the first six months of fiscal 2017. While
S&P thinks a number of positive factors will slightly boost
Immucor's revenue growth and improve cash flow generation over the
next 12 months, S&P expects the company's margins to remain
pressured and its leverage to stay elevated at around 10x.

Going forward, S&P expects the company to benefit from a reduced
negative impact of foreign exchange rates, continued growth in its
installed instrument base globally, and more stable demand for
transfusion blood in the U.S., which could lead to a gradual
increase in reagent utilization in the U.S.  At the same time, S&P
believes that the company's profitability will be pressured as long
as a large portion of its revenue growth comes from the emerging
markets where utilization of higher-margin reagents is lower than
in the U.S.  In addition, S&P expects the company's continued
elevated research and development (R&D) investment in Sentilus and
Sirona to further affect profitability.

S&P's assessment of Immucor's financial risk profile reflects S&P's
expectation that the combination of factors S&P has listed will
result in a small uptick in Immucor's fiscal 2017 revenue growth,
to around 1.5%, and modest cash flow, between $5 million and $10
million.  At the same time, S&P projects Immucor's profitability
will remain pressured, resulting in elevated leverage of around 10x
in fiscal 2017.  Given the looming debt maturities (senior secured
term loan maturing in August of 2018 and senior unsecured notes
maturing in August of 2019) and S&P's view that Immucor has limited
prospects for a meaningful profitability and leverage improvement
over the next 12 months, S&P thinks it may be hard for the company
to address the problem of its aging capital structure.

Immucor's business risk profile continues to reflect S&P's belief
that the company operates in a mature sector with limited growth
prospects and moderate pricing pressures.  It also reflects
Immucor's narrow business focus, high reliance on its main reagent
manufacturing facility, and declining profitability.  These
weaknesses are only partially offset by the company's entrenched
market position within the blood-typing industry and competitive
advantage provided by its razor and razorblade business model.

The negative outlook reflects S&P's uncertainty about Immucor's
ability to refinance or amend its senior secured term loan maturing
in August 2018, given S&P's expectation that the company's
profitability will remain pressured over the next 12 months and its
leverage will remain elevated at around 10x.

S&P could lower the rating if Immucor fails to refinance or amend
its senior secured term loan over the next six to 12 months,
increasing the likelihood that it will be unable to repay the loan
when it comes due in August 2018.

S&P would revise the outlook to stable and reassess the rating if
Immucor refinances its term loan or finds another way to address
the problem of its maturing capital structure over the next 12
months.



INFINITI HOMES: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Infiniti Homes International Inc.
        29193 Northwestren Hwy #721
        Southfield, MI 48034

Case No.: 17-44832

Business Description: The Debtor owns a residential real estate in
                      Wayne County.  The Debtor's aggregate  
                      noncontingent liquidated debts (excluding
                      debts owed to insiders or affiliates)
                      are less than $2,566,050 (amount subject to
                      adjustment on 4/01/19 and every 3 years
                      after that).  On Feb. 27, 2015, the Debtor
                      filed a first bankruptcy case in the U.S.  
                      Bankruptcy Court for the District of
                      Michigan, Case No. 42941.

Chapter 11 Petition Date: March 31, 2017

Court: United States Bankruptcy Court
       Eastern District of Michigan (Detroit)

Judge: Hon. Thomas J. Tucker

Debtor's Counsel: Scott Kwiatkowski, Esq.
                  GOLDSTEIN BERSHAD & FRIED PC
                  4000 Town Center, Suite 1200
                  Southfield, MI 48075
                  Tel: (248) 355-5300
                  Fax: (248) 355-4644
                  E-mail: scott@bk-lawyer.net

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Derek Washam, president and 100% owner.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/mieb17-44832.pdf


INTERPACE DIAGNOSTICS: Amends Form 8-K; Files Purchase Warrant
--------------------------------------------------------------
Interpace Diagnostics Group, Inc., filed with the Securities and
Exchange Commission an amendment to the Current Report on Form 8-K
on March 23, 2017.  The Form 8-K/A is being filed solely for the
purpose of amending Item 9.01 of the Original 8-K to (i) add the
Amended and Restated Security and Pledge Agreement, the Amended and
Restated Intellectual Property Security Agreement and the Amended
and Restated Guaranty to this Form 8-K/A and (ii) refile in its
entirety the Form of Common Stock Purchase Warrant.

The Amended and Restated Security and Pledge Agreement, the Amended
and Restated Intellectual Property Security Agreement and the
Amended and Restated Guaranty, dated as of March 23, 2017, made by
Interpace Diagnostics Group, Inc., and each of the undersigned
Material Subsidiaries of the Company from time to time, in favor of
Hudson Bay Master Fund Ltd pursuant to that certain Exchange
Agreement, dated as of March 22, 2017.

The Common Stock Purchase Warrant certifies that, for value
received, RedPath Equityholder Representative, LLC, a Delaware
limited liability company, or its assigns, is entitled, upon the
terms and subject to the limitations on exercise and the conditions
hereinafter set forth, at any time on or after Sept. 22, 2017 and
on or prior to the close of business on the five year anniversary
of the Initial Exercise Date but not thereafter, to subscribe for
and purchase from Interpace Diagnostics Group, Inc., shares of
common stock of the Company, par value $.01 per share.  The
purchase price of one share of Common Stock under this Warrant
shall be equal to the Exercise Price of $4.69.

A full-text copy of the regulatory filing is available at:
https://is.gd/We7CZW

                About Interpace Diagnostics

Headquartered in Parsippany, New Jersey, Interpace Diagnostics
Group, Inc., is focused on developing and commercializing molecular
diagnostic tests principally focused on early detection of high
potential progressors to cancer and leveraging the latest
technology and personalized medicine for patient diagnosis and
management.  The Company currently has four commercialized
molecular tests: PancraGen, a pancreatic cyst molecular test that
can aid in pancreatic cyst diagnosis and pancreatic cancer risk
assessment utilizing the Company's proprietary PathFinder platform;
ThyGenX, which assesses thyroid nodules for risk of malignancy,
ThyraMIR, which assesses thyroid nodules risk of malignancy
utilizing a proprietary gene expression assay.

Interpace reported a net loss of $11.35 million in 2015 following a
net loss of $16.07 million in 2014.  As of Sept. 30, 2016, the
Company had $45.96 million in total assets, $47.44 million in total
liabilities and a total stockholders' deficit of $1.47 million.

BDO USA, LLP, in Woodbridge, New Jersey, 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 continuing operations that raise substantial doubt
about its ability to continue as a going concern.


INTERPACE DIAGNOSTICS: Posts $3.1 Million Net Revenue for Q4
------------------------------------------------------------
Interpace Diagnostics Group, Inc., announced financial results and
business progress for the quarter and full year ended Dec. 31,
2016, as well as recent accomplishments.

"2016 was a breakout year as we delivered strong revenue growth,
significant cost reductions and right sizing as we completed our
transition to a fully-integrated, commercially based molecular
diagnostics company," said Jack Stover, Interpace's president &
CEO.  "Since the latter end of December we have raised $14 million
in gross equity and restructured over $9.3 million of secured debt
to further strengthen our balance sheet," said Stover.  "We are
confident that we now have a strong basis as well as momentum into
2017 especially with our recent accomplishments, including New York
State and AETNA approvals of ThyraMIR, our microRNA assay, that is
complementary to ThyGenX," said Stover.

Q4 and 2016 Year End Financial Performance

   * Revenue for the three- and twelve-month periods ended
     Dec. 31, 2016, was $3.1 million and $13.1 million,
     respectively, an increase of 22% and 39% over the prior year
     periods.

   * General & Administrative costs decreased for the three- and
     twelve-month periods ended Dec. 31, 2016, over the prior year
     periods by 56% and 38% respectively

   * Sales & Marketing costs decreased for the three- and twelve-
     month periods ended Dec. 31, 2016, over the prior year
     periods by 35% and 47% respectively.

   * Research & Development costs decreased for the three- and
     twelve-month periods ended Dec. 31, 2016, over the prior year
     periods by 52% and 28% respectively.

   * Income (loss) from Continuing Operations for the three- and
     twelve-month periods ended Dec. 31, 2016, was $6.3 million
and
     $(8.4) million, respectively while (Loss) from Continuing
     Operations for the three- and twelve-month periods of the
     prior year was $(19.3) million and $(31.1) million,
     respectively.

   * Net Income (Loss) for the three- and twelve-month periods
     ended Dec. 31, 2016, was $6.3 million and ($8.3) million,
     respectively, and $4.4 million and $(11.4) for the same
     periods of the prior year.

   * Adjusted EBITDA, which the Company believes is a meaningful
     supplemental disclosure and is indicative of how management
     and its Board of Directors evaluate Company performance,
     adjusts Income or Loss from Continuing Operations for non-cash

     charges such as depreciation & amortization, asset
impairment,
     loss on extinguishment, goodwill impairment and the change in
     fair value of contingent consideration.  Accordingly, the
     Company's Adjusted EBITDA for the three-and twelve-month
     periods ended Dec. 31, 2016, was $(2.9) million and $(10.5)
     million respectively and $(6.0) million and $(23.4) million
     for the same periods of the prior year.

2016 and Recent Business Highlights

Reimbursement:
       
   * Announced that Aetna, the third largest health plan in the
     United States, has agreed to cover Interpace's ThyraMIR test
     for all of Aetna's 46 million members nationwide.  
     Interpace's ThyGenX and ThyraMIR thyroid assays are now
     covered for approximately 200 million patients nationwide.
   
   * Signed an agreement with America's Choice Provider Network
     (ACPN), a national provider network with over 1,700 payers to
     provide coverage for all of Interpace's molecular tests
     including PancraGEN for the diagnosis of pancreatic cancer
     from cysts and ThyGenX/ThyraMIR
   
   * Announced Novitas approval to cover ThyraMir for microRNA
     gene expression in indeterminate biopsies for thyroid cancer.
   
   * Signed an agreement with Galaxy Health Network, a national
     managed care provider with over 3.5 million covered lives, to
     provide coverage for all of Interpace's molecular pathology
     tests and services including PancraGEN, ThyraMir and ThyGenX.
   
   * Announced that Geisinger Health Plan, which is part of one of
     the Nation's largest and most innovative delivery systems in
     the US, has added ThyGenX and ThyraMir as covered services
     under their Medical Policy.
       
Commercial Expansion:

   * In September 2016 the Company announced that the New York
     State Department of Health approved ThyGenX, the Company's
     Next Generation Sequencing oncogene panel for indeterminate
     thyroid nodules, allowing Interpace to offer both ThyGenX and
     ThyraMiR in New York State.
   
   * Entered into agreements with Lab Corp, a NYSE listed company
     which provides leading-edge medical laboratory tests and
     services through a national network of primary clinical
     laboratories and specialty testing laboratories, to now co-
     market ThyraMIR along with ThyGenX.
   
   * Announced the Company's most recent entree in to expanding
     its commercial foot print internationally as a result of the
     adoption of the ThyGenX test by a Canadian key opinion leader

     in Montreal, Quebec.  This is the Company's initial step in
     launching its Thyroid products in Canada and, if successful,
     plans are already in place to expand in to other Provinces
     and work with the Canadian Health Ministry to secure coverage

     of both ThyGenX and ThyraMir.
   
   * The Company completed its initial launch of PanDNA, a new
     product that stratifies patients' risk of developing
     pancreatic cancer based on three specific molecular criteria.

     PanDNA was developed using the Company's proprietary database
     of results for over 15,000 patients with pancreatic cysts.
   
   * Entered in to an Agreement with Best Med Opinion Ltd (Best
     Med) of Tel Aviv, Israel, a provider of second opinion and
     clinical services for physicians and patients in Israel and
     several other countries.  The Agreement designates Best Med
     as the exclusive provider of Interpace's products for the
     country of Israel.

Clinical Evidence

   * Published a new article entitled "Management of Patients With
     Pancreatic Cysts: Analysis of Possible False-Negative Cases
     of Malignancy" appearing in the Journal of Clinical
     Gastroenterology.  The goal of the study was to examine the
     utility of Integrated Molecular Pathology (IMP) using
     Interpace Diagnostics' PancraGEN assay in managing
     surveillance of pancreatic cysts based on outcomes and
     analysis of false negatives from a cohort of 492 patients
     enrolled in the National Pancreatic Cyst Registry which has
     outcomes data on patients for as long as 7 years.
  
   * Published PancraGEN clinical utility multicenter study of 492

     patients published in "Diagnostic Pathology"
   
   * Announced that the Company launched a multi-site study to
     provide further evidence of the Clinical Utility of the
     ThyGenX/ThyraMiR tests in accurately identifying malignancy
     or benign status in indeterminate thyroid nodules.  To date,
     the Company has performed the combination assay on over 5,000
     patients on behalf of over 200 physicians and hospitals
     nationwide.
   
   * Announced the acceptance of four posters to be presented at
     United States and Canadian Academy of Pathology (USCAP)
     meeting in March, 2017 reflecting a review of data from the
     Company's extensive experience in molecular thyroid testing,
     including experience with over 5000 analyses of indeterminate

     thyroid nodules using its combined mutational (ThyGenX) and
     microRNA classifier (ThyraMIR) testing format.
   
   * Announced that the Company has joined with other
     organizations including the American Thyroid Association, the

     Endocrine Society, and the NIH in a campaign that encourages
     readers to pay attention to the signs that often lead to the
     diagnosis of a disorder, like thyroid cancer.
   
   * Announced the findings of a new study, which was published in
     the online edition of the Journal of Pathology entitled
     Molecular Classification of Thyroid Lesions by Combined
     Testing for miRNA Gene Expression and Somatic Gene.
   
   * Announced at the Annual Digestive Disease Week (DDW)
     conference presentation of results from over 13,000 cyst
     cases that have undergone the Company's PancraGEN test.

Other Business Progress:
       
   * Raised approximately $14 million in gross proceeds from four
     separate equity financings from the end of December 2016
     through early February 2017, substantially improving the
     Company's financial position and its ability to invest in its

     pipeline and product development.
  
   * On March 23, 2017, the Company announced that it had entered
     into an agreement to restructure its $9.34 million of
     outstanding senior secured debt that had seven remaining
     quarterly repayments of $1.33 million beginning April 1,
     2017, into two new secured notes acquired at 95% of face
     value $8.869) million) and now held by a third party,
     financial investor.  One of the notes is convertible into
     shares of common stock at a price of $ 2.44 per share.  Each
     note bears a nominal rate of interest and, if not converted
     into common stock otherwise or earlier redeemed, has a
     balloon payment due 15 months after execution at 125% of face
     value.  If the Company's common stock trades above 135% of
     the conversion price for five consecutive trading days, the
     Company has the option to convert the convertible note into
     shares of its common stock at the Conversion Price.  The
     Company also has the right to redeem the Notes prior to
     maturity at prices ranging from 115% to 125% of the principal
     amount of the Notes.  Upon repayment or conversion of 55% of
     the face value of each of the notes, the liens on the
     Company's assets will be lifted.
   
   * In March 2017 the Company agreed to issue 5-year warrants for
     an aggregate 100,000 shares of the Company's common stock at
     a exercise price of $4.69 to the former RedPath Equity
     Shareholders (the Company's former secured creditors) in
     exchange for the termination of future royalty and milestone
     payments related to sales of certain of its products arising
     out of its acquisition of Redpath Integrated Pathology Inc.
     in October 2014.

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

                     https://is.gd/dAYt67

                  About Interpace Diagnostics

Headquartered in Parsippany, New Jersey, Interpace Diagnostics
Group, Inc., is focused on developing and commercializing molecular
diagnostic tests principally focused on early detection of high
potential progressors to cancer and leveraging the latest
technology and personalized medicine for patient diagnosis and
management.  The Company currently has four commercialized
molecular tests: PancraGen, a pancreatic cyst molecular test that
can aid in pancreatic cyst diagnosis and pancreatic cancer risk
assessment utilizing the Company's proprietary PathFinder platform;
ThyGenX, which assesses thyroid nodules for risk of malignancy,
ThyraMIR, which assesses thyroid nodules risk of malignancy
utilizing a proprietary gene expression assay.

Interpace reported a net loss of $11.35 million in 2015 following a
net loss of $16.07 million in 2014.  As of Sept. 30, 2016, the
Company had $45.96 million in total assets, $47.44 million in total
liabilities and a total stockholders' deficit of $1.47 million.

BDO USA, LLP, in Woodbridge, New Jersey, 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 continuing operations that raise substantial doubt
about its ability to continue as a going concern.


INTREPID POTASH: Clearway Capital Holds 6.9% Stake as of March 16
-----------------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, Clearway Capital Management Ltd. and Saratoga Asset
Management S.A. disclosed that as of March 16, 2017, they
beneficially own 9,000,000 shares of common stock representing 6.9
percent of total outstanding share of Intrepid Potash, Inc.

The statement is jointly filed by and on behalf of each of Clearway
Capital Management Ltd. and Saratoga Asset Management S.A. Clearway
Capital Management Ltd. is an Investment Fund organized and doing
business under the laws of The Bahamas which wholly-owns Saratoga
Asset Management S.A. which holds all of the Common Stock Shares of
the Issuer being reported in this Schedule 13G.
          
Each reporting person declares that neither the filing of this
statement nor anything herein shall be construed as an admission
that such person is, for the purposes of Section 13(d) or 13(g) of
the Act or any other purpose, the beneficial owner of any
securities covered by this statement.

A full-text copy of the regulatory filing is available at:
https://is.gd/aqNebR

                   About Intrepid Potash

Intrepid Potash -- http://www.intrepidpotash.com/-- is the only
U.S. producer of muriate of potash and supplied approximately 9% of
the country's annual consumption in 2015.  Potash is applied as an
essential nutrient for healthy crop development, utilized in
several industrial applications and used as an ingredient in animal
feed.  Intrepid also produces a specialty fertilizer, Trio(R),
which delivers three key nutrients, potassium, magnesium, and
sulfate, in a single particle.

Intrepid serves diverse customers in markets where a logistical
advantage exists; and is a leader in the utilization of solar
evaporation production, one of the lowest cost, environmentally
friendly production methods for potash.  After the idling of its
West mine in July 2016, Intrepid's production will come from three
solar solution potash facilities and one conventional underground
Trio(R) mine.

Intrepid reported a net loss of $66.63 million on $210.9 million of
sales for the year ended Dec. 31, 2016, compared to a net loss of
$524.8 million on $287.2 million of sales for the year ended Dec.
31, 2015.

As of Dec. 31, 2016, Intrepid had $540.9 million in total assets,
$177.5 million in total liabilities and $363.4 million in total
stockholders' equity.


ISLAND SOUTH: Case Summary & 2 Unsecured Creditors
--------------------------------------------------
Debtor: Island South Properties, LLC
        727 Pelican Lane
        Lake Worth, FL 33462

Case No.: 17-13975

Type of Debtor: The Debtor is a single asset real estate (as
                defined in 11 U.S.C. Section 101(51B))

Chapter 11 Petition Date: March 31, 2017

Court: United States Bankruptcy Court
       Southern District of Florida (West Palm Beach)

Judge: Hon. Paul G. Hyman, Jr.

Debtor's Counsel: Brian K. McMahon, Esq.
                  BRIAN K. MCMAHON
                  1401 Forum Way, 6th Floor
                  West Palm Beach, FL 33401
                  Tel: 561-478-2500
                  Fax: 561-478-3111
                  Email: briankmcmahon@gmail.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by George W Huguely, IV, manager member.

A list of the Debtor's two largest unsecured creditors is available
for free at http://bankrupt.com/misc/flsb17-13975.pdf


IT'S JUST LUNCH: Court Rejects Date-Voucher Settlement
------------------------------------------------------
Pete Brush, writing for Bankruptcy Law360, reports that U.S.
District Judge Sidney H. Stein in Manhattan rejected a date-voucher
settlement despite a warning from It's Just Lunch that a bigger
judgment could force it into bankruptcy.

According to Law360, Judge Stein said he could not assess the value
of the vouchers and could not ascertain the true financial
condition of the Company.

Law360 relates that class members seeking to hold the Company
accountable for allegedly defrauding daters who ponied up for
supposedly superior matchmaking were considering their next move
after the ruling.

It's Just Lunch is a matchmaking service.


JVJ PHARMACY: Insider Won't Receive Distribution for $3.1MM Claim
-----------------------------------------------------------------
JVJ Pharmacy, Inc., d/b/a University Chemists filed with the U.S.
Bankruptcy Court for the Southern District of New York its amended
disclosure statement in support of its plan of reorganization, a
blacklined copy of which is available at:

     http://bankrupt.com/misc/nysb16-10508-149.pdf

The latest version of the Disclosure Statement discloses that
unsecured claims total $2,947,558.36.  The prior version of the
Disclosure Statement disclosed that unsecured claims total
$6,115,647.53.

Class 6 Insider Claims consists of the claim of Healthnow
Solutions, Inc., a prior insider of the Debtor, which claim was
filed in the amount of $3,166,910.  Healthnow will not be entitled
to distribution on the scheduled claim as an allowed general
unsecured creditor, nor will Healthnow be entitled to convert its
claim into equity in the reorganized Debtor.

Pursuant to the Debtor's prior chapter 11 plan, the Debtor was
required to make certain balloon payments to creditor PNC Bank,
National Association in the amount of approximately $2,600,000.
Pursuant to the terms of the Confirmed Prior Plan, the Debtor was
required to make that payment by not later than the end of March
2016. In addition, Lakeland West Capital XXIII, LLC, the successor
in interest to a previous creditor (Bank of America), advised the
Debtor of an alleged monetary default under the Confirmed Prior
Plan. By letter dated Feb. 5, 2016, Lakeland advised that the
Debtor was required to remit the sum of $19,550 to it by no later
than Jan. 20, 2016. Lakeland advised that an uncured default
existed and Lakeland would be asserting whatever rights were
available to it.

The latest restructuring plan asserts that the Debtor and its
professionals believe that the transaction with EZ RX Club, Inc.,
and PNC results in a distribution to unsecured creditors that would
only have been accomplished by a sales price at auction of
$3,555,000 - $3,660,000. The calculation is as follows: PNC's claim
($2,800,000 plus) + Administrative Expenses ($450,000 + $135,000
(Broker)) + Priority Claims (at least $25,000-$125,000), plus the
$150,000 distribution to creditors.

This must be compared to the option of selling the assets of the
Debtor, excluding the accounts receivable, for the auction price of
$1,600,000 and collecting out the accounts receivable.  The Debtor
and Lakeland  analyze that comparison differently.  The Debtor's
position is that its accounts receivable, including "in-house"
receivables and the litigated no-fault and Workers' Compensation
receivables, have an estimated value of $2,528,672, for a total
estate of $4,128,672.

What is likely the best commission rate, for which no party has as
yet given the Debtor a firm commitment, for servicing the
liquidation of the receivables is 15%.  As a result, in a best case
scenario, these receivables would be reduced by $379,300.80,
resulting in a gross estate of $3,749,371.20.  Under that scenario,
which PNC does not support, its post-petition interest and expenses
would continue to accrue (instead of being capped at a $300,000
discount under the Term Sheet) thus offsetting much or all of any
advantage from the increased amount recovered.

Add to this the time/value of money from an immediate distribution
to unsecured creditors and the uncertainty of 100% collection of
the remaining receivables, and the Debtor and its professionals
believes that this Plan provides the best recovery for unsecured
and secured creditors.

Lakeland, on the other hand, believes that the Debtor's computation
of the estimated value
of the Debtor's accounts receivable is erroneous. Lakeland contends
that the calculation must be
broken up into two categories – "in-house" and "litigated," as
broken out in the Feb. 2017 Operating Report.

As of the time of this amended Disclosure Statement, the law firm
The Schutzer Group, PLLC has expressed an interest in servicing the
collection of the Debtor's in-house receivables and is prepared to
make, within a matter of days, a firm proposal for that work upon
receiving certain information from the Debtor.

Schutzer's commission rate is 25% for recoveries without litigation
(and 30% if litigation is required), and Schuzter believes that a
collectability rate of 35% or higher is feasible. That estimate of
the recovery of the in-house accounts receivable, coupled with
Lewin & Baglio, LLP's estimate of the recovery of the litigated
accounts receivable and EZ RX's acquisition of the Debtor's
business (without the accounts receivable) for $1,600,000, has the
potential to yield a significantly higher recovery for unsecured
creditors -- and for PNC, which would no longer discount its claim
by $300,000 -- even after taking into account the elimination of
PNC's discount, the elimination of the discount on administrative
claims, and the continued accrual of interest on PNC's claim.

                  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.


KADMON HOLDINGS: BDO USA LLP Raises Going Concern Doubt
-------------------------------------------------------
Kadmon Holdings, Inc., filed with the U.S. Securities and Exchange
Commission its annual report on Form 10-K, disclosing a net loss of
$208.75 million on $26.05 million of total revenue for the year
ended December 31, 2016, compared to a net loss of $147.08 million
on $35.72 million of total revenue for the year ended December 31,
2015.

BDO USA, LLP, notes that the Company has suffered recurring losses
from operations, expects losses to continue in the future, has a
deficiency in stockholders' equity and has a contractual obligation
to raise $40.0 million of additional equity capital by the end of
the second quarter of 2017 pursuant to the second amendment to the
2015 Credit Agreement entered into in November 2016 that raise
substantial doubt about its ability to continue as a going
concern.

The Company's balance sheet at December 31, 2016, showed total
assets of $62.56 million, total liabilities of $87.75 million, and
a stockholders' deficit of $25.19 million.

A full-text copy of the Company's Form 10-K is available at:
                
                   http://bit.ly/2oMBenM

Kadmon Holdings, Inc., is an integrated biopharmaceutical company
engaged in the discovery, development and commercialization of
small molecules and biologics to address disease areas of various
unmet medical needs.  The Company is developing product candidates
in a number of indications within autoimmune and fibrotic disease,
oncology and genetic diseases.  Its product pipeline consists of
KD025, Tesevatinib and KD034.



KALLSTRAND LLC: Seeks Authorization On Cash Collateral Use
----------------------------------------------------------
Kallstrand, LLC, seeks authorization from the U.S. Bankruptcy Court
for the Western District of New York to use cash collateral in
which the NYS Dept. of Taxation and Finance and Can Capital
Merchant Service, Inc., have or allege to have liens or security
interest.

The Debtor contends that such authorization of the usage of cash
collateral will allow the continuation of the Debtor's operations
without interruption, which preserves the collateral of the NYS
Dept. of Taxation and Can Capital Merchant and is in the best
interest of all creditors.

The NYS Dept. of Taxation has found the Debtor liable for certain
under reported sales tax, and subsequent thereto, the NYS Dept. of
Taxation entered a Tax Warrant.  The NYS Dept. of Taxation alleges
that the Tax Warrant secures its claim against substantially all of
Debtor's assets.  The Debtor acknowledges that the total
outstanding liability to the NYS Dept. of Taxation as of the
Petition Date is a secured claim in the amount of $133,830,
comprised of a priority portion of $132,873 and penalties of $957.

The NYS Dept. of Taxation will be granted a rollover replacement
lien on all postpetition property of the Debtor, including proceeds
and products thereof to the same extent and priority as existed as
of the Petition Date.  In addition, the Debtor will pay the NYS
Dept. of Taxation the amount of $2,014 per month during the Cash
Collateral Period defined below.

Furthermore, the Debtor agrees to file all postpetition tax returns
on the due date of the return with the appropriate NYS office, and
pay all ongoing postpetition tax obligations including, but not
limited to, sales and withholding taxes in timely fashion until
further order of the Court.

The Debtor has entered into a Future Receivables Agreement with Can
Capital Merchant, whereby Can Capital Merchant purchased future
Card Receivables from Debtor in consideration for an immediate
lump-sum cash payment.  The Debtor believes that, there remained a
Specified Amount balance of $58,399 of Card Receivables not yet
remitted by the Debtor to Can Capital Merchant pursuant to the
Agreements, as of the Petition Date.

Accordingly, the Debtor proposes to pay Can Capital Merchant the
outstanding liability at 5% interest in equal installment payments
in the amount of $1,102 per month between or about April 1, 2017
and March 31, 2022.

A hearing on the Debtor's use of cash collateral will be held on
April 27, 2017 at 9:00 a.m.

A full-text copy of the Debtor's Motion, dated March 28, 2017, is
available at https://is.gd/agA0Kn

A full-text copy of the NYS Dept. of Taxation's adequate protection
stipulation is available at https://is.gd/kDvXwY

A full-text copy of the Can Capital Merchant adequate protection
stipulation is available at https://is.gd/oUEy7a

                   About Kallstrand, LLC

Kallstrand, LLC, owns a restaurant doing business as Fazool's
Casual Italian Kitchen in Brockport, New York.

Kallstrand, LLC, filed a Chapter 11 petition (Bankr. W.D.N.Y. Case
No. 17-20008) on Jan. 6, 2017.  The petition was signed by Alan
Kallstrand, president.  The case is assigned to Judge Paul R.
Warren.  The Debtor's attorney is Robert B. Gleichenhaus, Esq., at
Gleichenhaus, Marchese & Weishaar, P.C.  At the time of filing, the
Debtor estimated less than $50,000 in assets and $100,000 to
$500,000 in liabilities.


KB REALTY: Hires Dana M. Douglas as Counsel
-------------------------------------------
KB Realty LLC seeks authorization from the U.S. Bankruptcy Court
for the Central District of California to employ Dana M. Douglas,
Attorney at Law as counsel.

The Debtor requires Douglas to:

     a. advice and assist regarding compliance with the
requirements of the United States Trustee;

     b. advice regarding matters of bankruptcy law, including the
rights and remedies of the Debtor in regard to its assets and with
respect to the claims of creditors;

     c. conduct examinations of witnesses, claimants or adverse
parties and to prepare and assist in the preparation of reports,
accounts and pleadings;

     d. advice concerning the requirements of the Bankruptcy Code
and applicable rules;

     e. assist with the negotiation, formulation, confirmation and
implementation of a Chapter 11 plan;

     f. make any appearances in the Bankruptcy Court on behalf of
the debtor; and

     g. take other action and to perform such other services as the
debtor may require.

Douglas will bill the Debtor at $200 per hour.

The Debtor paid a retainer to Douglas in the amount of $3,000.

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

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

Douglas may be reached at:

    Dana M. Douglas, Esq.
    Attorney at Law
    11024 Balboa Blvd., No. 431
    Granada Hills, CA 91344
    Tel: 818-360-8295
    Fax: 213-270-9456
    E-mail: dana@danamdouglaslaw.com

                      About KB Realty LLC

KB Realty LLC filed a Chapter 11 bankruptcy petition (Bankr.
C.D.Cal. Case No. 17-12606) on March 5, 2017.  The Hon. Deborah J.
Saltzman presides over the case. Dana M. Douglas, Esq., Attorney
at Law represents the Debtor as counsel.  The Debtor disclosed
total assets of $1.61 million and total liabilities of $1.16
million. The petition was signed by Kenneth D. Berry, managing
member.


KCST USA: Hires Murphy & King as Bankruptcy Counsel
---------------------------------------------------
KCST USA, Inc., seeks authority from the U.S. Bankruptcy Court for
the District of Massachusetts to employ Murphy & King, Professional
Corporation, as bankruptcy counsel to the Debtor.

KCST USA requires Murphy & King to:

   a. advise the Debtor with respect to its right, powers and
      duties as debtor-in-possession in the continued operation
      of its businesses and management of its assets;

   b. advise the Debtor with respect to any plan of
      reorganization and any other matters relevant to the
      formulation and negotiation of a plan or plans of
      reorganization in the bankruptcy case;

   c. represent the Debtor at all hearings and matters pertaining
      to its affairs as the Debtor and debtor-in-possession;

   d. prepare, on the Debtor's behalf, all necessary and
      appropriate applications, motions, answers, orders,
      reports, and other pleadings and other documents, and
      review all financial and other reports filed in the Chapter
      11 case;

   e. advise the Debtor with respect to, and assist in the
      negotiation and documentation of, financing agreements,
      debt and cash collateral orders and related transactions;

   f. review and analyze the nature and validity of any liens
      asserted against the Debtor's property and advise the
      Debtor concerning the enforceability of such liens;

   g. advise the Debtor regarding its ability to initiate actions
      to collect and recover property for the benefit of its
      estate;

   h. advise and assist the Debtor in connection with the
      potential sale of the Debtor's assets;

   i. advise the Debtor concerning executor contract and
      unexpired lease assumptions, lease assignments, rejections,
      restructurings and recharacterization of contracts and
      leases;

   j. review and analyze the claims of the Debtor's creditors,
      the treatment of such claims and the preparation, filing or
      prosecution of any objections to claims;

   k. commence and conduct any and all litigation necessary or
      appropriate to assert rights held by the Debtor, protect
      assets of the Debtor's Chapter 11 estate or otherwise
      further the goal of completing the Debtor's successful
      reorganization other than with respect to matters to which
      the Debtor retains special counsel; and

   l. perform all other legal services and provide all other
      necessary legal advice to the Debtor as debtor-in-
      possession which may be necessary in the Debtor's
      bankruptcy proceeding.

Prior to the petition date, the Debtor provided Murphy & King with
a retainer in the amount of $125,000. Murphy & King incurred
$53,090.30 in prepetition fees and expenses, leaving a balance
retainer in the amount of $71,909.70.

Murphy & King will be paid based upon its normal and usual hourly
billing rates.  The firm will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Harold B. Murphy, shareholder of Murphy & King, Professional
Corporation, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estates.

Murphy & King can be reached at:

     Harold B. Murphy, Esq.
     MURPHY & KING, PROFESSIONAL CORPORATION
     1 Beacon St.
     Boston, MA 02108
     Tel: (617) 423-0400

                   About KCST USA, Inc.

KCST USA, Inc., based in Concord, MA, filed a Chapter 11 petition
(Bankr. D. Mass. Case No. 17-40501) on March 22, 2017. The Hon.
Elizabeth D. Katz presides over the case. Andrew G. Lizotte, Esq.,
and Harold B. Murphy, Esq., at Murphy & King, P.C., to serve as
bankruptcy counsel. Stephen Darr of Huron Consulting Services, LLC,
as chief restructuring officer.

In its petition, the Debtor estimated $500,000 to $1 million in
assets and $10 million to $50 million in liabilities. The petition
was signed by Terrence Fergus, president.



KEMET CORP: Moody's Ups CFR to B3 on Anticipated Notes Refinancing
------------------------------------------------------------------
Moody's Investors Service rated KEMET Corp.'s new Senior Secured
Term Loan B ("Term Loan") at B3 and upgraded KEMET's ratings:
Corporate Family Rating ("CFR") to B3 from Caa1, Probability of
Default Rating ("PDR") to B3-PD from Caa1-PD, and the Speculative
Grade Liquidity ("SGL") rating to SGL-2 from SGL-4. The upgrade to
the ratings follows KEMET's announced plans to use the proceeds of
the Term Loan to call the entire amount of the Senior Secured Notes
("Senior Notes") due May 2018, and the anticipated closing of
KEMET's acquisition of NEC TOKIN Corporation ("NT"). The outlook is
positive. Following the refinancing, Moody's expects to withdraw
the Caa1 rating of the Senior Notes.

RATINGS RATIONALE

The B3 CFR reflects the anticipated refinancing of the Senior
Notes, which will resolve a significant near term liquidity risk to
the company, and the anticipated closing of the acquisition of NT.
To the extent KEMET is unsuccessful in refinancing the Senior
Notes, the rating could be pressured. Since KEMET is not borrowing
to acquire NT and NT generates EBITDA and will not have any debt
post-closing, the acquisition will improve KEMET's financial
leverage profile, reducing debt to EBITDA by nearly a turn from
4.4x (trailing 12 months ended December 31, 2016, Moody's adjusted)
to the mid to upper 3x level (proforma for NT, excluding expected
synergies).

Nevertheless, Moody's expects that NT will consume cash over the
next year due to cash integration costs and large initial cash
payments on antitrust settlements. Due to this cash consumption,
Moody's expects that KEMET will only generate modest levels of free
cash flow ("FCF"), with FCF to debt (Moody's adjusted) only in the
low single digits percent level over the next year. With KEMET
completing the integration of NT and the cash settlement costs
declining, Moody's expects that FCF will increase. The rating
reflects the highly cyclical nature of the capacitors industry as a
whole and KEMET's limited market share in both ceramic capacitors
and film and electrolytic capacitors, which limits pricing power.
Supporting the rating is KEMET's market position in tantalum
capacitors, which accounts for about 40% of revenues. KEMET is the
market leader versus AVX, Vishay, and Sanyo in the $1.7 billion
tantalum capacitors segment of the overall $15 billion capacitors
industry.

The positive outlook reflects Moody's expectation that KEMET will
refinance the Senior Notes by the end of May. Moody's also expects
that KEMET will successfully integrate NT and will be able to cut
costs such that KEMET's EBITDA margin (Moody's adjusted) is
sustained in the mid to upper teens percent level. Lastly, Moody's
expects that payments for fines and class action settlements
related to the NT antitrust litigation will consume no more than
NT's reserve ($72.5 million as of December 31, 2016), with the
payouts spread over several years.

The rating could be upgraded if:

* KEMET successfully integrates NT and reduces costs, with the
EBITDA margin (Moody's adjusted) sustained in the mid teen's
percent level, and

* Leverage is sustained below 2.5x debt to EBITDA (Moody's
adjusted), and

* Unrestricted cash to debt is maintained at greater than 50%

The rating could be downgraded if:

* If KEMET's financial condition deteriorates such that KEMET
consumes cash, leading to a material weakening of liquidity

The B3 rating of the Term Loan reflects its seniority in the
capital structure, the collateral package, and the modest cushion
of unsecured liabilities. KEMET and KEMET Electronics Corporation
are the co-borrowers under the Term Loan.

The SGL-2 Speculative Grade Liquidity ("SGL") rating reflects
KEMET's good liquidity. Moody's expects KEMET will keep at least
$200 million of cash and will generate free cash flow ("FCF") of at
least $20 million over the next 18 months. Alternative liquidity is
provided by an unrated $75 million asset-based revolver, which
Moody's expects will remain undrawn. Total required debt
amortization is limited to the required annual debt amortization on
the Term Loan of $8.6 million.

Assignments:

Issuer: KEMET Corp.

-- Senior Secured Term Loan, assigned B3 (LGD4)

Upgrades:

Issuer: KEMET Corp.

-- Corporate Family Rating, upgraded to B3 from Caa1

-- Probability of Default Rating, upgraded to B3-PD from Caa1-PD

-- Speculative Grade Liquidity Rating, upgraded to SGL-2 from
    SGL-4

Outlook Actions:

Issuer: KEMET Corp.

-- Outlook, Positive

The rating on the Senior Notes will be withdrawn following
repayment.

KEMET Corp., based in Simpsonville, South Carolina, is a
publicly-traded manufacturer and supplier of passive electronic
components, specializing in tantalum, multilayer ceramic, film,
solid aluminum, electrolytic, and paper capacitors. KEMET
Electronics Corporation is KEMET's primary operating subsidiary.

NEC TOKIN Corporation, based in Miyagi, Japan, is a manufacturer
and supplier of tantalum polymer capacitors and supercapacitors,
inductors, temperature and current sensors, and piezoelectric
components.

The principal methodology used in these ratings was the
Semiconductor Industry published in December 2015.


LEARNING GATE: S&P Lowers 2007A/B Revenue Bonds Rating to 'B+'
--------------------------------------------------------------
S&P Global Ratings lowered its rating on Florida Development
Finance Corp.'s series 2007A and 2007B revenue bonds, issued for
Learning Gate Community School (LGCS), one notch to 'B+' from
'BB-'.  The outlook is stable.

The rating action partially reflects S&P Global Ratings'
application of the criteria, titled "U.S. Public Finance Charter
Schools: Methodology And Assumptions," published Jan. 3, 2017, on
RatingsDirect.  The rating action also reflects S&P Global Ratings'
opinion of the heightened risk of the debt portfolio caused by the
presence of contingent-liquidity exposure from financial
instruments with, what the rating service considers, permissive
events of default that could lead to the immediate acceleration of
all principal and interest accrued.  These risks, were they to
materialize, would require liquid resources greater than what the
school currently has available; S&P Global Ratings believes this
could have a severe effect on the school's financial profile and
jeopardize its ability to pay debt service on the debt the rating
service rates.

"We could lower the rating or revise the outlook to negative within
our outlook period if enrollment were to decline from current
levels, if operations or coverage were pressured, if academic
performance were to weaken, or if liquidity were to decline.  In
addition, if the school were to violate a bond covenant and if an
event of default were to occur under bank documents, resulting in a
bondholder action or potential acceleration, we could lower the
rating," said S&P Global Ratings credit analyst Luke Gildner.
"Although unlikely during the outlook period, we could raise the
rating or revise the outlook to positive if the balance sheet were
to improve significantly and management were to sustain this
improvement, highlighted by a substantial and persistent increase
in liquidity."

The stable outlook reflects S&P Global Ratings' opinion that over
the one-year outlook period, LGCS will likely maintain its
relatively stable enrollment, operations that provide good maximum
annual debt service coverage, steady demand, and solid academic
performance.  The rating service would view management's focus on
growing unrestricted reserves favorably.

Revenue of LGCS--as defined in governing bond documents, primarily
per-pupil state funding--secures the bonds.  A first mortgage on
real property and a debt-service-reserve fund also secure the
bonds.


LEVEL ACRES: Wants to Use Cash Collateral to Maintain Operations
----------------------------------------------------------------
Level Acres, LLC, asks the U.S. Bankruptcy Court for the Western
District of New York to authorize the use of cash collateral of
secured creditor to maintain operations.

The Debtor is a New York corporation with a principal place of
business located at 2129 Stannards Rd., Wellsville, New York.  The
Debtor is engaged in business as a camp resort and trailer park.

Prior to the filing of the Debtor's Chapter 11 Petition, the Debtor
obtained financing from the Comptroller of the State of New York,
as Trustee of the New York State Common Retirement Fund, serviced
by The Community Preservation Corp. ("Secured Creditor"), in the
approximate amount of $2,161,939.  Subsequent to the filing of the
Debtor's Chapter 11 petition, the Debtor and the Secured Creditor
worked out a Stipulation to govern the Debtor's use of cash
collateral in the case.

The Debtor granted the Secured Creditor mortgages, assignment of
rents and U.C.C. security interests in all of the Debtor's present
and future right, title and interest in and to all collateral owned
by the Debtor, including but not limited to, real and personal
property, fixtures, rents, leases, claims, rights, awards, etc. as
set forth in the Stipulation.

To maintain operations it is necessary that the Debtor have the use
of cash collateral.  In order to provide the secured creditor with
adequate protection, the Debtor will resume the prepetition,
non-default principal and interest payments to Secured Creditor as
set forth in the Stipulation.

As adequate protection of its interest in the collateral, the
Stipulation provides for the Secured Creditor these:

    a. Payments of contractual non-default principal and interest
on the indebtedness in the amount of $11,483 per month.  Said
payments are due on the 15th of each month, including grace period
provided by the Notes commencing March 15, 2017 and each and every
month thereafter.

    b. Valid and perfected security interests in and liens upon all
of the Debtor's rights, title and interest in, to and under all of
the post petition assets and property of the Debtor, of the same
kind and type in which the Secured Creditor had a lien on/in
prepetition.

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

     
http://bankrupt.com/misc/nywb1-17-10333_21_Cash_Level_Acres.pdf

To provide further adequate protection to the Secured Creditor, the
Debtor is willing to grant a replacement lien in post-petition
property of the Debtor of the same nature and to the same extent as
the Secured Creditor had in prepetition property of the Debtor.

The Debtor respectfully asks that the Court grants an Order
approving the Stipulation, authorizing the Debtor to use cash
collateral as set forth therein, and for such other and further
relief as is just and proper.

                    About Level Acres LLC

Based in Wellsville, New York, Level Acres LLC is engaged in
business as a camp resort and trailer park.

Level Acres sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D.N.Y. Case No. 17-10333) on Feb. 24, 2017.  The
petition was signed by Kevin P. Clark, sole member.  The case is
assigned to Judge Carl L. Bucki.

At the time of the filing, the Debtor disclosed $939,000 in assets
and $2.67 million in liabilities.

The Debtor initially filed a Chapter 11 petition (Bankr. W.D.N.Y.
Case No. 16-10964) on May 13, 2016.  The case was dismissed on
October 26, 2016.


LIVING COLOUR: Unsecureds to Get $5,000 Pro Rata Under Plan
-----------------------------------------------------------
Living Colour Landscape, LLC, et al., filed with the U.S.
Bankruptcy Court for the Southern District of Florida a joint
disclosure statement dated March 27, 2017, referring to the
Debtors' plan of reorganization.

Class 3 consists of the allowed claims of general unsecured
creditors.  Class 3 claimants are impaired and will share in a
total distribution of $5,000 pro rata.  Payments of $1,000 will be
distributed pro rata on an annual basis, starting on the first of
the month after the Effective Date, until the aggregate amount of
$5,000 is paid.  Since each claimant in this class is impaired, any
claimant in this class may vote to accept or reject the Plan.

Monthly net cash flows, before and after debt service, are more
than sufficient to fund the existing Plan.  The on-going operation
of the Debtors' business will generate the most funds for payment
to creditors.

The Disclosure Statement is available at:

          http://bankrupt.com/misc/flsb16-15773-94.pdf

                 About Living Colour Landscape

Lake Worth, Florida-based Living Colour Landscapes, LLC, is a
landscaping service, which provides installation and maintenance of
landscaping to country clubs and other commercial properties.
Marula Props, LLC, is a real estate holding company which owns the
nursery located adjacent to Living Colour's offices.

The Debtors filed for Chapter 11 bankruptcy protection (Bankr. S.D.
Fla. Case Nos. 16-15773 and Case No. 16-15774) on April 21, 2016.
The petitions were signed by Deon Botha, manager.

Judge Paul G. Hyman, Jr., presides over the cases. Aaron A Wernick,
Esq., at Furr & Cohen serves as the Debtors' bankruptcy counsel.

Living Colour Landscapes disclosed $323,979 in total assets and
$1.31 million in total liabilities.  Marula Props disclosed
$179,252 in total assets and $1.25 million in total liabilities.


MAD CATZ: Makes Voluntary Assignment in Bankruptcy Under BIA
------------------------------------------------------------
Mad Catz Interactive, Inc., on March 31, 2017, disclosed that, with
the authorization and approval of its Board of Directors, it and
its subsidiary, 1328158 Ontario Inc., made a voluntary assignment
in bankruptcy on March 30, 2017, pursuant to the provisions of the
Bankruptcy and Insolvency Act (Canada).  Pursuant to the assignment
in bankruptcy, PricewaterhouseCoopers Inc. ("PWC") has been
appointed as the trustee in bankruptcy of the Company's estate.
The Company's wholly-owned subsidiary, Mad Catz, Inc., ceased
operations and also has filed a voluntary petition for relief under
chapter 7 of the United States Bankruptcy Code to initiate an
orderly liquidation of the assets of the Company.  In addition,
certain of the Company's other subsidiaries have filed or will file
for liquidation under comparable legislation in their countries of
origin.  The Company also announced that all of the directors and
officers of the Company have resigned effective as March 30, 2017.

As previously disclosed, the Company's Board of Directors formed a
special committee in 2016 to explore and evaluate strategic
alternatives intended to maximize shareholder value, including a
sale of the Company.  The Company hired a financial advisor in
connection with evaluating and pursuing strategic alternatives.
The Company has been consistently pursuing its operational plan
with the aim of increasing revenue and improving working capital.

The Board of Directors made the decision to have the Company make a
voluntary assignment in bankruptcy after considering various
strategic alternatives, the interest of various stakeholders of the
Company as well as a number of other factors.  The Board of
Directors has been advised by the Company's financial advisor and
management that no viable strategic alternative in respect of a
sale of the Company or other corporate sale transaction is being
made available to the Company by any third party.  In addition, the
Board of Directors has also been advised that the Company's lenders
will not increase the amount of its credit facilities beyond the
current levels.

Karen McGinnis, President and Chief Executive Officer, stated that,
"Regrettably and notwithstanding that for a significant amount of
time the Company has been actively pursuing its strategic
alternatives, including various near term financing alternatives
such as bank financing and equity infusions, as well as potential
sales of certain assets of the Company or a sale of the Company in
its entirety, the Company has been unable to find a satisfactory
solution to its cash liquidity problems.  The Board of Directors
and management would like to acknowledge the outstanding efforts of
the Company's employees in support of its business, especially
during the time that the Company faced financial difficulties.  The
Company would also like to thank the vendors and professional
service providers who have supported the Company's efforts during
this time."

Inquiries concerning the filings and proceedings should be directed
to the attention of Fergal J. Rogers of PWC at the contact
information noted below.

                       About Mad Catz

Mad Catz Interactive, Inc. ("Mad Catz") (otc pink:MCZAF) --
http://www.madcatz.com/-- is a global provider of innovative
interactive entertainment products marketed under its Mad Catz(R)
(gaming) and Tritton(R) (audio) brands.  Mad Catz products cater to
gamers across multiple platforms including in-home gaming consoles,
handheld gaming consoles, Windows PC and Mac(R) computers, smart
phones, tablets and other smart devices.  Mad Catz distributes its
products through many leading retailers around the globe.
Headquartered in San Diego, California, Mad Catz maintains offices
in Europe and Asia.


MANN REALTY: Case Summary & 8 Unsecured Creditors
-------------------------------------------------
Debtor: Mann Realty Associates, Inc.
        P.O. Box 5
        Camp Hill, PA 17001

Case No.: 17-01334

About the Debtor: Mann Realty previously filed a voluntary
                  petition under Chapter 11 of the Bankruptcy Code
                  in the U.S. Bankruptcy Court for the Middle
                  District of Pennsylvania on Jan. 10, 2017, Case
                  No. 17-00080.  The petition was a "pro se"
                  filing, or case filed without attorney.

                  It is an affiliate of Kimbob, Inc., which also
                  sought bankruptcy protection on March 1, 2017,
                  Case No. 17-00836.

Chapter 11 Petition Date: March 31, 2017

Court: United States Bankruptcy Court
       Middle District of Pennsylvania (Harrisburg)

Judge: Hon. Robert N Opel II

Debtor's Counsel: Craig A. Diehl, Esq.
                  LAW OFFICES OF CRAIG A. DIEHL
                  3464 Trindle Road
                  Camp Hill, PA 17011-4436
                  Tel: 717 763-7613
                  Fax: 717 763-8293
                  Email: cdiehl@cadiehllaw.com

Estimated Assets: $10 million to $50 million

Estimated Debts: $1 million to $10 million

The petition was signed by Robert M. Mumma, II, president.

Debtor's List of Eight Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Integrity Bank                     2008 Idaville         $498,742
S&T Bank,                          Road & 9509
Commercial Loan                    Carlisle Pike
Dept. P.O. Box 1920
Indiana, PA 15701

Kimbob, Inc.                       Unsecured Debt         $42,000

Landmark Commercial Realty         Unsecured Debt          $1,799

Mid-Atlantic Appraisal           Appraisal Service        $11,415
Consultants                          Provided

Santander Bank                   614 North Front         $118,811
                             Street, Harrisburg, PA

Stevens & Lee                     Unsecured Debt          $64,561

Stevens & Lee                     Unsecured Debt           $3,124

Susquehanna Township              Unsecured Debt           $1,016


MCCLATCHY CO: VP Christian Hendricks to Retire
----------------------------------------------
On March 27, 2017, McClatchy announced that Christian A. Hendricks,
vice president for strategic initiatives, plans to retire from the
company on Nov. 30, 2017 after 25 years of service.

"Chris is a valued and respected leader at McClatchy and in the
digital media industry," said Craig Forman, McClatchy president and
CEO. "Chris has played an integral role in helping McClatchy
transform into the digital media company it is today.  We wish him
and his family well as he embarks on a new life adventure."

Hendricks has contributed to the broader media industry through
years of service on numerous industry-related boards.  He currently
serves as chairman of the Local Media Consortium and represents
McClatchy investments in CareerBuilder, Moonlighting, Aggrego and
Engage3.

"As I transition from the company, I want to thank McClatchy for
the many opportunities it provided me through the years. It has
been an honor and privilege to contribute to McClatchy's success.
I am also grateful for having had the opportunity to work with so
many talented McClatchy employees and industry colleagues during
the past 25 years," said Hendricks.

Hendricks served as McClatchy's vice president of products,
marketing and innovation from June 2015 through February of this
year. He was the company’s vice president for interactive media
from June 1999 through June 2015. Prior to then, he served in
operational management roles primarily focused on digital media.

A full-text copy of the Form 8-K is available for free at:
https://is.gd/acxLFf

                  About The McClatchy Company

Sacramento, Cal.-based The McClatchy Company (NYSE: MNI) --
http://www.mcclatchy.com/-- is a media company that provides both
print and digital news and advertising services.  Its operations
include 30 daily newspapers, community newspapers, websites, mobile
news and advertising, niche publications, direct marketing and
direct mail services.  Its owned newspapers include, among others,
the (Fort Worth) Star-Telegram, The Sacramento Bee, The Kansas City
Star, the Miami Herald, The Charlotte Observer, and
The (Raleigh) News & Observer.  The Company holds interest in
digital assets which include CareerBuilder, LLC, Classified
Ventures, LLC, HomeFinder, LLC, and Wanderful Media.

McClatchy reported a net loss of $300 million on $1.05 billion of
net revenues for the year ended Dec. 27, 2015, compared to net
income of $374 million on $1.14 billion of net revenues for the
year ended Dec. 28, 2014.

As of Sept. 25, 2016, McClathcy Co had $1.83 billion in total
assets, $1.68 billion in total liabilities and $155.5 million in
stockholders' equity.


MEEMEE MEDIA: Recurring Losses Losses Raise Going Concern Doubt
---------------------------------------------------------------
Meemee Media Inc. filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q, disclosing a net loss
of $279,347 on $3.38 million of net revenues for the three months
ended January 31, 2017, compared to a net loss of $286,936 million
on $nil of net revenues for the same period in 2016.

For the six months ended January 31, 2017, the Company listed a net
loss of $442,209 on $3.38 million of net revenues, compared to a
net loss of $500,122 on $nil of net revenues for the same period in
the prior year.

The Company's balance sheet at January 31, 2017, showed total
assets of $1.22 million, total liabilities of $2.93 million, and a
stockholders' deficit of $1.71 million.

At January 31, 2017 the Company has limited cash resources and will
likely require new financing, either through loans from officers,
debt financing, equity offerings or business combinations to
continue the development of its business; however, there can be no
assurance that management will be successful in raising the funds
necessary to maintain operations, or that a self-supporting level
of operations will ever be achieved.  The likely outcome of these
future events is indeterminable.  The continuation of the Company
as a going concern is dependent upon the continued financial
support from its shareholders, the ability of the Company to obtain
necessary equity financing to continue operations and the
attainment of profitable operations.

As of January 31, 2017, the Company has generated minimal revenues
and has accumulated losses of $4,991,389 since inception.  These
factors raise substantial doubt regarding the Company's ability to
continue as a going concern.

A full-text copy of the Company's Form 10-Q is available at:
                
                   http://bit.ly/2n0rf1R

Meemee Media Inc. is a shell company.  The Company's purpose is to
locate and consummate a merger and/or acquisition with an operating
entity.  The acquisition of a business opportunity may be made by
purchase, merger, exchange of stock, or otherwise, and may
encompass assets or a business entity, such as a corporation, joint
venture or partnership.  The Company's search will be directed
toward small and medium-sized enterprises, which have a desire to
become public corporations


MERRIMACK PHARMACEUTICALS: Stockholders OK Sale Pact with Ipsen
---------------------------------------------------------------
At the special meeting of stockholders of Merrimack
Pharmaceuticals, Inc. held on March 30, 2017, the Company's
stockholders approved the asset sale pursuant to the terms of the
Asset Purchase and Sale Agreement, dated Jan. 7, 2017, by and
between the Company and Ipsen S.A.  The stockholders also approved
the adoption of any proposal to adjourn the Special Meeting to a
later date or dates, if necessary or appropriate, to solicit
additional proxies if there were insufficient votes to approve the
Asset Sale at the time of the Special Meeting.

                         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 $153.51 million on $144.27 million
of total revenues for the year ended Dec. 31, 2016, compared to a
net loss of $147.78 million on $89.25 million of total revenues for
the year ended Dec. 31, 2015.  As of Dec. 31, 2016, Merrimack had
$81.48 million in total assets, $334.14 million in total
liabilities and a total stockholders' deficit of $251.12 million.


MICRO CONTRACT: Seeks Temporary Authority on Cash Collateral Use
----------------------------------------------------------------
Micro Contract Manufacturing, Inc., asks the U.S. Bankruptcy Court
for the Eastern District of New York for temporary authority to use
cash collateral pending the interim hearing.

The Debtor requests the immediate use of up to $41,000 weekly of
the cash collateral of Tango Capital/Snap Advance and Yellow Stone
Capital LLC.

The 12-Month projected cash flow for the period of March 2017
through February 2018 reflects total cash paid out in the aggregate
amount of $2,138,479.  The Debtor has estimated that its initial
weekly cash collateral needs are approximately $41,000, as provided
under the terms of its Budget.

The Debtor tells the Court that it has no other available cash with
which to operate, and unless interim and immediate use of cash will
be granted, the Debtor will not be able to operate its business,
and will be required to close its operations.  The Debtor adds that
without such use, the Debtor will not be able to meet its payroll
obligations and purchase inventory upon which the Debtor's business
is dependent.

The Debtor believes that its secured debt is approximately $93,000,
and that the Debtor have  only two secured creditors, Tango
Capital/Snap Advances and Yellow Stone Capital -- Snap Advance is
in first position and Yellow Stone in second.  

The Debtor contends that as of the Petition Date, Snap Advance and
Yellow Stone are substantially oversecured with an equity cushion
of nearly $963,000, which by itself constitutes adequate
protection.  However, Yellow Stone will receive monthly interest
payments of 5% as additional adequate protection.

In addition, the Debtor proposes to provide Snap Advance and Yellow
Stone with a lien on the Debtor's postpetition accounts receivable,
inventory and other assets to the extent of the use of cash
collateral.

A full-text copy of the Debtor's Motion, dated March 28, 2017, is
available at https://is.gd/521nKH

A copy of the Debtor's Budget is available at https://is.gd/VKXBoV


             About Micro Contract Manufacturing

Micro Contract Manufacturing, Inc., is a domestic corporation
existing under an by virtue of the laws of the State of New York
with its principal place of business located at 27E Industrial
Blvd., Medford, New York.  It is from this location that the
company conducts its manufacturing operations.

Micro Contract Manufacturing filed a Chapter 11 petition (Bankr.
E.D.N.Y. Case No. 17-71699) on March 23, 2017.  The petition was
signed by Thomas DeGasperi, president.  At the time of filing, the
Debtor had estimated both assets and liabilities to be between $1
million to $10 million.

The case is assigned to Judge Robert E. Grossman.  

The Debtor's attorney is Harold M Somer, Esq., at Harold M Somer,
P.C.  

No trustee, examiner or Official Committee of Unsecured Creditors
has been appointed.


MILLENNIUM SUPER STOP: Hires Sader Law Firm as Attorneys
--------------------------------------------------------
Millennium Super Stop II, LLC seeks authorization from the U.S.
Bankruptcy Court for the Western District of Missouri to employ The
Sader Law Firm as attorneys for the Debtor.

The Debtor requires Sader to:

      a. advise the Debtor with respect to its rights and
obligations as Debtor-In-Possession and regarding other matters of
bankruptcy law;

      b. prepare and file of any Monthly Operating Reports,
motions, plan of reorganization, or other pleadings and documents
that may be required in this proceeding;

      c. represent the Debtor at related hearings, and any
adjourned hearings thereof;

      d. represent the Debtor in adversary proceedings and other
contested bankruptcy matters; and,

      e. represent the Debtor in the above matters, and any other
matters that may arise in connection with the Debtor's
reorganization proceeding and its business operations.

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

      Neil S. Sader                    $335
      Bradley D. McCormack             $310
      Paralegal                        $105

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

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

Sader may be reached at:
    
      Neil s. Sader, Esq.
      The Sader Law Firm
      2345 Grand Boulevard, Suite 2150
      Kansas City, MO 64108
      Phone: +1 816-561-1818

                  About Millennium Super Stop II

Millennium Super Stop II, LLC, based in Kansas City, MO, filed a
Chapter 11 petition (Bankr. W.D. Mo. Case No. 16-41972) on July 26,
2016.  The Hon. Dennis R. Dow presides over the case.  Nancy S.
Jochens, Esq., at Jochens Law Office, serves as bankruptcy
counsel.  In its petition, the Debtor disclosed $3.01 million in
assets and $1.90 million in liabilities. The petition was signed by
Ray A. Perrin, member/manager.


MILLER MARINE: Case Summary & 7 Unsecured Creditors
---------------------------------------------------
Debtor: Miller Marine Yacht Service, Inc.
        PO Box 842
        Lynn Haven, FL 32444

Case No.: 17-50113

Business Description: Miller Marine --
http://www.millermarineinc.net/--  
                      is a full service marine facility and custom

                      boat builder.  It is a family owned business
                      that also offers an onsite prop shop and
                      Ship Store.

                      Miller Marine owns a 100% undivided interest

                      in a property located at 7141 Grassy Point
                      Road, Southport, FL 32409 with a current
                      value of $2.2 million as appraised by
                      Chandler and Associates, Inc. on
                      March 28, 2016.

                      The Debtor recorded gross revenue of $1.16
                      million in 2016, $1.77 million in 2015 and
                      $1.31 million in 2014.

Chapter 11 Petition Date: March 31, 2017

Court: United States Bankruptcy Court
       Northern District of Florida (Panama City)

Judge: Hon. Karen K. Specie

Debtor's Counsel: Charles M. Wynn, Esq.
                  CHARLES M. WYNN LAW OFFICES, P.A.
                  P.O. Box 146
                  Marianna, FL 32447
                  Tel: 850-526-3520
                  Fax: 850-526-5210
                  E-mail: candy@wynnlaw-fl.com

Total Assets: $3.3 million

Total Liabilities: $2.03 million

The petition was signed by William M. Miller, president.

A copy of the Debtor's list of seven unsecured creditors is
available for free at http://bankrupt.com/misc/flnb17-50113.pdf


MOUNTAIN DIVIDE: Wants to Extend Use of Cash Collateral Until May 6
-------------------------------------------------------------------
Mountain Divide, LLC, asks the U.S. Bankruptcy Court for the
District of Montana to authorize it to continue to use cash
collateral, including, without limitation, cash and receivables for
an additional period from April 2, 2017 until May 6, 2017.

The Debtor does not seek authority in the Motion to use as Cash
Collateral any net sale proceeds.

On Oct. 19, 2016, the Debtor filed its Motion for interim and final
orders pursuant to 11 U.S.C. Sections 105, 361, 362, 363, 507 and
364 (I) approving postpetition secured financing, (II) granting
liens and super priority claims, (III) authorizing use of cash
collateral, (IV) granting adequate protection, (V) modifying the
automatic stay, and (VI) scheduling final hearing pursuant to
Bankruptcy Rule 4001(b) ("DIP and Cash Collateral Motion").

On Nov. 3, 2016 and Nov. 9, 2016, the Court granted the Debtor's
DIP and Cash Collateral Motion on an interim and final basis
authorizing, among other things, the Debtor to obtain postpetition,
secured financing from Wells Fargo Energy Capital, Inc., and to use
Cash Collateral ("Financing Orders").  Pursuant to the Court's
Financing Orders, the Debtor was entitled to use Cash Collateral
until Feb. 4, 2017.

Prior to the Petition Date, the Debtor reduced its general and
administrative expenses to the greatest extent possible for
continued operation and survival.

As part of the DIP and Cash Collateral Motion and the Financing
Orders, the Debtor entered into a debtor-in-possession loan and
security agreement and promissory note ("DIP Loan Documents") with
Wells Fargo and obtained a loan that was critical to the
preservation of value ("DIP Loan").  

Pursuant to the DIP Loan Documents, the DIP Loan was to be
indefeasibly repaid to Wells Fargo in full upon closing of the sale
of all or substantially all of the Debtor's assets.  The DIP Loan
enabled the Debtor to successfully complete its well workover
program, thereby increasing oil production, despite unseasonably
cold temperatures and increased snowpack in the region.

On Nov. 4, 2016, the Debtor filed its Motion for (I) Bidding
Procedures Order (A) approving sale and bidding procedures; (B)
approving the form and manner of notice; (C) scheduling auction and
sale hearing; and (D) authorizing the assumption and assignment of
executory contracts and unexpired leases; and (II) sale order
authorizing sale of substantially all estate assets to the highest
and best bidder ("Sale Motion"); and, on Nov. 23, 2016, the Court
entered the Bidding Procedures Order.

An auction of the Debtor's Purchased Assets was held on Jan. 17,
2017 in Billings, Montana.  After 15 rounds of bidding, Future
Acquisition Co., LLC ("FAC") submitted the highest and best bid of
$4,000,000 for the Purchased Assets.  On Jan. 20, 2017, the Court
issued the Sale Order approving the Purchase and Sale Agreement
entered into between Debtor and FAC; the sale of the Purchased
Assets to FAC free and clear of all Liens and other interests; and
the assumption and assignment of certain executory contracts and
unexpired leases.

In order to continue administration to close the Sale Transaction,
the Debtor filed its first motion to continue use of Cash
Collateral on Feb. 3, 2017.  The Court entered an interim order
allowing the Debtor's continued use of Cash Collateral on Feb. 8,
2017 and a final order on Feb. 23, 2017, granting the Debtor's
motion and allowing the Debtor's continued use of Cash Collateral
through April 1, 2017.

Pursuant to the PSA, the Effective Time, or the time when Future
Acquisition North Dakota ("FAND") became entitled to production of
hydrocarbons from or attributable to mineral leases and the wells,
was the first day of the month in which closing occurred, in this
case, Feb. 1, 2017.  The Sale Transaction was completed and closed
on Feb. 16, 2017.  The DIP Loan was repaid in full on Feb. 16,
2017, the Cure Costs for prepetition royalty payments, prepetition
working interest owner payments, and surface use agreement payments
as provided for in the PSA in the amount of approximately $530,000
were paid on Feb. 17, 2017; and, the Net Proceeds of Sale have been
deposited into a segregated debtor-in-possession account.

Pursuant to the PSA, FAND must pay Debtor the net revenue for oil
inventory in place at the Effective Time the Sale Transaction was
closed.  The Debtor initially projected those post-closing payments
to be made in the third week of March, but now anticipates
receiving this revenue during the second week of April.

The Debtor forecasts that based upon the inventory proceeds payment
from FAND and with continued use of Cash Collateral, it can pay its
anticipated, reduced operational expenses during this extended
period of administration of the Chapter 11 case and will have
sufficient revenues to achieve its objectives in the bankruptcy
case which include conducting a mediation and preparing a plan.
Continued use of Cash Collateral for an additional 30 days is
necessary for the Debtor to continue to utilize its employees in
order to conduct the mediation, propose a plan, and to provide
ongoing assistance to FAND with regulatory matters and related
efforts to be appropriately bonded in the State of North Dakota.
The Debtor requires continued use of Cash Collateral in order to
address any title issues that may be discovered post-closing, and
to work with FAND on necessary post-closing adjustments.

The Debtor has prepared the Second Supplemental Budget to
supplement its original Budget; and its first Supplemental Budget.
The Second Supplemental Budget reflects projected these revenues
and expenses for the period from Week 23 to Week 27, or April 2,
2017 to May 6, 2017:
       
                Week of             Revenues       Expenses
                -------             --------       --------
          4/02/2017-4/08/2017         -            $11,020
          4/09/2017-4/15/2017       53,395         $5,000
          4/16/2017-4/22/2017         -            $1,500
          4/23/2017-4/29/2017         -              -
          4/30/2017-5/06/2017         -            $53,395

In order to accomplish its goals in the case and to continue to
administer the bankruptcy estate, and address other matters in the
bankruptcy case, the Debtor must be authorized to continue to use
Cash Collateral.  Without continued access to Cash Collateral, the
Debtor, the bankruptcy estate and creditors will be irreparably
harmed as the Debtor will not be able to provide necessary support
for the mediation and plan preparation process, or continue to
assist FAND to ensure smooth transition of operations.  The Debtor
will lose its employees and will have limited or no ability to
assist Debtor's bankruptcy counsel in addressing matters in
connection with the bankruptcy case.

The Debtor proposes to continue Wells Fargo's and the Lien
Claimants' adequate protection by continuing replacement liens and
security interests to the extent Cash Collateral subject to their
liens or interests is used by the Debtor pursuant to Sections 361,
363 and 552 of the Bankruptcy Code, with such continuing
replacement liens being of the same validity, extent and priority
as their respective prepetition liens and interests on property and
income of the Debtor that constitutes Cash Collateral and subject
to any claims or defenses the Debtor or its estate may possess with
respect thereto.  

To the extent the use of Cash Collateral causes or result in any
diminution in value of such parties' interest in collateral such
that the adequate protection provided proves to be insufficient,
Wells Fargo and the Lien Claimants will be granted continued
superpriority administrative expense claims under Section 507(b) of
the Bankruptcy Code with continued priority in payment over any
other administrative expenses of the kinds specified or ordered
pursuant to any provision of the Bankruptcy Code.

Accordingly, the Debtor respectfully asks that the Court authorizes
and approves the Debtor's continued use of Cash Collateral for an
additional period of 30 days, until May 6, 2017 pursuant to the
Second Supplemental Budget, and grant adequate protection to Wells
Fargo and other parties that have or assert an interest in Cash
Collateral subject to the terms and conditions set forth in the
Interim Order and Final Order.

A copy of the Second Supplemental Budget attached to the Motion is
available for free at:

       
http://bankrupt.com/misc/mtb16-61015_274_Mountain_Divide.pdf

                     About Mountain Divide

Mountain Divide, LLC, filed a chapter 11 petition (Bankr. D. Mont.
Case No. 16-61015) on Oct. 14, 2016.  The petition was signed by
Patrick M. Montalban, manager.  The Debtor estimated assets at
$1 million to $10 million and liabilities at $50 million to
$100 million at the time of the filing.

The case is assigned to Judge Ralph B. Kirscher.  

Jeffery A. Hunnes, Esq., at Guthals, Hunnes & Reuss, P.C., is
serving as bankruptcy counsel to the Debtor.  Roberta
Anner-Hughes, Esq., at Anner-Hughes Law Firm, is serving as
special counsel.

The official committee of unsecured creditors retained Worden
Thane P.C. as legal counsel.


N-STYLE PERSPECTIVE: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------------
Debtor: N-Style Perspective, Inc.
           dba N-Style Motocross Graphics
        24715 Avenue Rockefeller
        Valencia, CA 91355

Case No.: 17-14020

Business Description: N-Style -- http://n-style.com-- designs and

                      produces graphics for motorsports vehicles.
                      The Debtor is a small business debtor as
                      defined in 11 U.S.C. Section 101(51D).

Chapter 11 Petition Date: April 1, 2017

Court: United States Bankruptcy Court
       Central District of California (Los Angeles)

Judge: Hon. Barry Russell

Debtor's Counsel: Mark T Young, Esq.
                  DONAHOE & YOUNG LLP
                  25152 Springfield Ct Ste 345
                  Valencia, CA 91355-1096
                  Tel: 661-259-9000
                  Fax: 661-554-7088
                  E-mail: myoung@donahoeyoung.com

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

Estimated Liabilities: $1 million to $10 million

The petition was signed by Robert A. Healy, president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/cacb17-14020.pdf


NATIONSTAR MORTGAGE: Moody's Affirms B2 Sr. Unsecured Debt Rating
-----------------------------------------------------------------
Moody's Investors Service affirmed Nationstar Mortgage LLC's B2
senior unsecured debt and corporate family ratings. The outlook is
stable.

RATINGS RATIONALE

The B2 ratings reflect the company's position in the U.S.
residential mortgage servicing market, constrained profitability,
moderate financial leverage and the rapid growth of its servicing
portfolio, which is mitigated by its solid track record of
acquiring and integrating residential mortgage servicing assets.
Also similar to its non-bank mortgage banking peers, the company is
reliant on short-term secured funding facilities to finance loan
originations and servicer advances, limiting its financial
flexibility.

The stable outlook reflects Moody's expectation that Nationstar
will be able to maintain its solid servicing performance and reap
the financial benefits of its larger servicing portfolio. It also
reflects Moody's expectation that Nationstar's profitability will
improve notably due to rising interest rates, and core
profitability will improve modestly in 2017, and that the company
will be able to maintain its leverage, in particular on a
risk-weighted basis.

The company is currently the fourth largest residential mortgage
servicer in the US with a servicing portfolio totaling $473 billion
in unpaid principal balance as of 31 December 2016. The company's
call center, centralized origination channel has provided solid
profitability over the last several years that has exceeded the
profitability of its core servicing segment. To further diversify,
the company continues to expand its Xome segment, a provider of
real estate services.

The ratings could be upgraded if the company demonstrates
sustainable improvement in its financial performance, such as
consistently achieving core net income to total assets of more than
1.5%, while maintaining its servicing performance and franchise
value.

The ratings could be downgraded if the company's financial
performance materially deteriorates, for example, if core net
income to assets falls to less than .75% for an extended period of
time. In addition, the ratings could be downgraded in the event of
material negative regulatory actions.

The principal methodology used in these ratings was Finance
Companies published in December 2016.


NAVIDEA BIOPHARMACEUTICALS: SEC Grants Confidential Treatment
-------------------------------------------------------------
Navidea Biopharmaceuticals, Inc., submitted an application under
Rule 24b-2 requesting confidential treatment for information it
excluded from the Exhibits to a Form 8-K filed on March 9, 2017.

Based on representations by Navidea Biopharmaceuticals, Inc., that
this information qualifies as confidential commercial or financial
information under the Freedom of Information Act, 5 U.S.C.
552(b)(4), the Division of Corporation Finance has determined not
to publicly disclose it.

                      About Navidea

Navidea Biopharmaceuticals, Inc., is a biopharmaceutical company
focused on the development and commercialization of precision
immunodiagnostic agents and immunotherapeutics.  Navidea is
developing multiple precision-targeted products based on its
Manocept platform to help identify the sites and pathways of
undetected disease and enable better diagnostic accuracy, clinical
decision-making, targeted treatment and, ultimately, patient care.

Navidea reported a net loss of $27.56 million in 2015, a net loss
of $35.72 million in 2014 and a net loss of $42.69 million in 2013.
As of Sept. 30, 2016, Navidea had $11.18 million in total assets,
$74.96 million in total liabilities, and a total stockholders'
deficit of $63.77 million.


NICKLAS LLC: Hires Bennett Williams as Broker
---------------------------------------------
Nicklas, LLC seeks authorization from the U.S. Bankruptcy Court for
the Middle District of Pennsylvania to employ Bennett Williams
Commercial as broker.

The Debtor owns real property located at and known as 221 Sunset
Blvd. West, Chambersburg, Franklin County, Pennsylvania.

The Debtor requires Bennett Williams to advertise and market the
Debtor's Real Property.

Bennett Williams Commercial will charge a commission, per lot, of
6.0% of the sale consideration. All costs and expenses which
Bennett Williams Commercial incurs as a result of its services,
including advertising, are waived.

Keith Kahlbaugh, representative for Bennett Williams Commercial,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

Bennett Williams may be reached at:

      Keith Kahlbaugh
      Bennett Williams Commercial
      3528 Concord Road
      York, PA 17402
      Tel: 717.843.5555
      Fax: 717.843.5550
      E-mail: keith@bennettwilliams.com

                     About Nicklas LLC

Nicklas LLC sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. M.D. Pa. Case No. 15-02742) on June 26, 2015.  The
Petition was signed by one of its member, Rebecca D. Nicklas.

The Debtor's counsel is Robert E. Chernicoff, Esq. at Cunningham,
Chernicoff & Warshawsky P.C. of 2320 North Second Street,
Harrisburg, PA.

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


NIGHT HORSE: Case Summary & 18 Largest Unsecured Creditors
----------------------------------------------------------
Debtor: Night Horse Co., LLC
          dba Banner & Sign Express
        8331 Thatcher Road
        Argyle, TX 76226

Case No.: 17-40662

Nature of Business: Night Horse is a small business debtor as
                    defined in 11 U.S.C. Section 101(51D).
                    The Debtor reported gross revenue of $359,898
                    for 2015 and gross revenue of $344,716 for
                    2014.

Chapter 11 Petition Date: March 31, 2017

Court: United States Bankruptcy Court
       Eastern District of Texas (Sherman)

Judge: Hon. Brenda T. Rhoades

Debtor's Counsel: Robert T. DeMarco, Esq.
                  DEMARCO MITCHELL, PLLC
                  1255 West 15th St., 805
                  Plano, TX 75075
                  Tel: 972-578-1400
                  Fax: 972-346-6791
                  Email: robert@demarcomitchell.com

Total Assets: $81,768

Total Liabilities: $1.83 million

The petition was signed by Randall W. Trost, owner and managing
member.

A copy of the Debtor's list of 18 largest unsecured creditors is
available for free at http://bankrupt.com/misc/txeb17-40662.pdf


NOTIS GLOBAL: Acquires 51% of Stock of PCH Investment Group
-----------------------------------------------------------
In its Current Report on Form 8-K filed with the Securities and
Exchange Commission, Notis Global Inc disclosed that effective
March 21, 2017, through a series of related transactions, the
Company has indirectly acquired an aggregate of 459,999 of the
then-issued and outstanding shares of capital stock of PCH
Investment Group, Inc., a California corporation, for a purchase
price of $300,000.00 in cash and the issuance of shares of its
common stock.  The PCH Purchased Shares represent 51% of the
outstanding capital stock of PCH.  In connection with the
acquisition of the PCH Purchased Shares, the Company was also
granted an indirect option to acquire the remaining 49% of the
capital stock of PCH.  The option expires on Feb. 10, 2019.

In connection with its acquisition of the PCH Purchased Shares and
the option to acquire the PCH Optioned Shares, PASE, EWSD I, LLC, a
Delaware limited liability company of which the Company owns 98% of
the equity, PCH, and the Company entered into a Convertible Note
Purchase Agreement with a third-party lender. Concurrently, PASE
and the Company entered into a related 10% Senior Secured
Convertible Promissory Note in favor of the Lender. The initial
principal sum under the PCH-Related Note is $1,000,000.00 and it
bears interest at the rate of 10% per annum.

A full-text copy of the regulatory filing is available at
https://is.gd/yG6pBT

                     About Notis Global

Headquartered in Los Angeles, Notis Global, Inc. provides
specialized services to the hemp and marijuana industry.

The Company enters into joint ventures and operating and management
agreements with its partners and conducts consulting services for
its clients.  The Company also acts as a distributor of hemp
products processed by our contract partners.  Furthermore, the
Company owns and manages real estate used by its contract partners
for cultivation centers and dispensaries.

As of June 30, 2016, Notis Global had $7.14 million in total
assets, $24.54 million in total liabilities and a total
stockholders' deficit of $17.39 million.

Notis Global reported a net loss of $50.44 million in 2015
following a net loss of $16.54 million in 2014.

Marcum LLP, in Los Angeles, CA, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company has a significant
working capital deficit and an accumulated deficit as of Dec. 31,
2015, and has incurred a significant net loss and negative cash
flows from operations for the years ended Dec. 31, 2015, and 2014.
The foregoing matters raise substantial doubt about the Company's
ability to continue as a going concern.


OCEAN RIG: Ernst & Young (Hellas) Raises Going Concern Doubt
------------------------------------------------------------
Ocean Rig UDW Inc. filed with the U.S. Securities and Exchange
Commission its annual report on Form 20-F, disclosing a net loss of
$3.24 billion on $1.65 billion of revenues for the year ended
December 31, 2016, compared to a net income of $80.01 million on
$1.75 billion of revenues for the year ended December 31, 2015.

Ernst & Young (Hellas) Certified Auditors Accountants S.A. in
Athens, Greece, issued a going concern qualification on the
consolidated financial statements for the year ended December 31,
2016, citing that the Company expects that during the fourth
quarter of 2017 it will be in breach of the maximum leverage ratio
requirement of its Secured Term Loan B facilities and does not
believe that its then available funds will be sufficient to cure
such non-compliance.  Furthermore, the Company is considering and
evaluating various alternatives including a restructuring plan to
address liquidity and the deleveraging of its consolidated balance
sheet.  These conditions raise substantial doubt about Company's
ability to continue as a going concern.

The Company's balance sheet at December 31, 2016, showed total
assets of $4.09 billion, total current liabilities of $812.01
million, total non-current liabilities of $3.27 billion, and a
stockholders' equity of $10.75 million.

A full-text copy of the Company's Form 20-F is available at:
                
                   http://bit.ly/2o1GmI2

                      About Ocean Rig

Ocean Rig UDW Inc. is an international offshore drilling contractor
providing oilfield services for offshore oil and gas exploration,
development and production drilling, and specializing in the
ultra-deepwater and harsh-environment segment of the offshore
drilling industry.


OCEAN RIG: Nasdaq to Intends to Delist Stock After Ch. 15 Filing
----------------------------------------------------------------
Ocean Rig UDW Inc., a global provider of offshore deepwater
drilling services, on March 30, 2017, disclosed that it has been
notified by the Staff of The Nasdaq Stock Market LLC ("Nasdaq")
that, because the Company filed for protection under Chapter 15 of
the U.S. Bankruptcy Code on March 27, 2017, and in accordance with
Listing Rules 5101, 5110(b) and IM-5101-1, Nasdaq intends to delist
the Company's common stock from the Nasdaq Stock Market by filing a
delisting application with the U.S. Securities and Exchange
Commission.  Further, the notice states that unless the Company
requests an appeal of this determination, trading of the Company's
common stock will be suspended at the opening of business on April
6, 2017.

The Company has requested a hearing before the Nasdaq Hearings
Panel (the "Panel") in order to appeal the delisting determination.
The hearing request is expected to stay the suspension of the
Company's listing pending issuance of the Panel's decision
following the hearing.

                      About Ocean Rig UDW Inc.

Ocean Rig. (NASDAQ: ORIG)  -- http://www.ocean-rig.com/-- is an
international offshore drilling contractor providing oilfield
services for offshore oil and gas exploration, development and
production drilling, and specializing in the ultra-deepwater and
harsh-environment segment of the offshore drilling industry.  Ocean
Rig's common stock is listed on the NASDAQ Global Select Market
where it trades under the symbol "ORIG."

Simon Appell and Eleanor Fisher of AlixPartners, LLP, in their
capacities as the joint provisional liquidators and authorized
foreign representatives of Cyprus-based Ocean Rig UDW Inc., Drill
Rigs Holdings Inc., Drillships Financing Holding Inc. and
Drillships Ocean Ventures Inc., filed for Chapter 15 protection
with the U.S. Bankruptcy Court for the Southern District of New
York, lead case 17-10736.

The JPLs seek to obtain immediate stays and protections for the
Debtors in the United States in order to effectuate a financial
restructuring.  The JPLs also seek recognition in the United
States of a provisional liquidation proceedings under Part V of
the Cayman Islands Companies Law (2016 Revision) pending before
the Grand Court of the Cayman Islands, Financial Services
Division, as foreign main proceedings or, in the alternative, as
foreign nonmain proceedings under Section 1517 of the Bankruptcy
Code.


OCELOTL DINER: Hires Morrison Tenenbaum as Counsel
--------------------------------------------------
OCELOTL Diner Corp., seeks authorization from the U.S. Bankruptcy
Court for the Southern District of New York to employ Morrison
Tenenbaum PLLC as counsel to the Debtor, nunc pro tunc to February
19, 2017.

The Debtor requires MT Law to:

     a. advise the Debtor with respect to its powers and duties as
debtor-in-possession in the management of its estate;

     b. assist in any amendments of Schedules and other financial
disclosures and in the preparation, review and amendment of a
disclosure statement and plan of reorganization;

     c. negotiate with the Debtor's creditors and taking the
necessary legal steps to conform and consummate a plan of
reorganization;

     d. prepare on behalf of the Debtor all necessary motions,
applications, answers, proposed orders, reports and other papers to
be filed by the Debtor in this case;

     e. appear before the Bankruptcy Court to represent and protect
the interest of the Debtor and its estate; and

     f. perform all other legal services for the Debtor that may be
necessary and proper for a effective reorganization as well as
other professional and litigation services as may be required.  

MT Law will be paid at these hourly rates:

     Lawrence F. Morrison                   $495
     Associates                             $350
     Paraprofessionals                      $150

MT Law has received a total retainer of $10,000 from a third party
payor, $1,717 was applied for the filing fee with the balance of
$8,283 for the retainer.

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

Lawrence F. Morrison, Esq., partner at Morrison Tenenbaum, PPLC,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

MT Law may be reached at:

      Lawrence F. Morrison, Esq.
      Morrison Tenenbaum, PPLC
      87 Walker Street, Floor 2
      New York, NY 10013
      Phone: 212-620-0938
      E-mail: lmorrison@m-t-law.com

                    About OCELOTL Diner Corp.

OCELOTL Diner Corp. filed a Chapter 11 bankruptcy petition (Bankr.
S.D.N.Y. Case No. 17-10357) on February 19, 2017. Lawrence F.
Morrison, Esq., at Morrison Tenenbaum, PPLC serves as bankruptcy
counsel.

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



ONCOBIOLOGICS INC: Files an Acceleration Request on Form S-1
------------------------------------------------------------
Oncobiologics, Inc. requests that the U.S. Securities and Exchange
Commission take appropriate action to cause the Registration
Statement on Form S-1 (File No. 333-216080) to become effective on
February 27, 2017, at 4:00 P.M., Eastern Time, or as soon as
practicable thereafter, or at such later time as the Registrant or
its counsel may orally request via telephone call to the staff of
the Commission. The Company hereby authorizes each of Yvan-Claude
Pierre, Daniel I. Goldberg and Marianne Sarrazin of Cooley LLP,
counsel to the Company, to make such request on its behalf.

In connection with this request, the Company acknowledges that:

     a. should the Commission or the Staff, acting pursuant to
delegated authority, declare the filing effective, it does not
foreclose the Commission from taking any action with respect to the
filing;

     b. the action of the Commission or the Staff, acting pursuant
to delegated authority, in declaring the filing effective, does not
relieve the Registrant from its full responsibility for the
adequacy and accuracy of the disclosure in the filing; and

     c. the Registrant may not assert Staff comments and the
declaration of effectiveness as a defense in any proceeding
initiated by the Commission or any person under the federal
securities laws of the United States.

A full-text copy of the regulatory filing is available at:
https://is.gd/uMwgwZ

                    About Oncobiologics

Oncobiologics, Inc., is a clinical-stage biopharmaceutical company
focused on identifying, developing, manufacturing and
commercializing complex biosimilar therapeutics.  The Cranbury, New
Jersey-based Company's current focus is on technically challenging
and commercially attractive monoclonal antibodies, or mAbs, in the
disease areas of immunology and oncology.

Oncobiologics reported a net loss of $53.32 million on $2.97
million of collaboration revenues for the year ended Sept. 30,
2016, compared to a net loss of $48.66 million on $5.21 million of
collaboration revenues for the year ended Sept. 30, 2015.

KPMG LLP, in Philadelphia, Pennsylvania, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Sept. 30, 2016, citing that the Company has incurred
recurring losses and negative cash flows from operations since
inception and has an accumulated deficit at Sept. 30, 2016 of
$147.4 million and $4.6 million of indebtedness that is due on
demand, which raises substantial doubt about its ability to
continue as a going concern.


OPTIMUMBANK HOLDINGS: Hacker Johnson Raises Going Concern Doubt
---------------------------------------------------------------
OptimumBank Holdings, Inc., filed with the U.S. Securities and
Exchange Commission its annual report on Form 10-K, disclosing a
net loss of $396,000 on $4.76 million of total interest income for
the year ended December 31, 2016, compared to a net loss of
$163,000 on $4.53 million of total interest income for the year
ended December 31, 2015.

The Company's independent accountants Hacker, Johnson & Smith PA in
Fort Lauderdale, Fla., issued a "going concern" qualification on
the consolidated financial statements for the year ended December
31, 2016, stating that the Company is in technical default with
respect to its Junior Subordinated Debenture.  The holders of the
Debt Securities could demand immediate payment of the outstanding
debt of $5,155,000 and accrued and unpaid interest, which raises
substantial doubt about the Company's ability to continue as a
going concern.

The Company's balance sheet at December 31, 2016, showed total
assets of $119.70 million, total liabilities of $116.62 million,
and a stockholders' equity of $3.08 million.

A full-text copy of the Company's Form 10-K is available at:
                
                   http://bit.ly/2mZ9pwj

                About OptimumBank Holdings

OptimumBank Holdings, Inc., is a one-bank holding company and owns
100 percent of OptimumBank, a state (Florida)-chartered commercial
bank.  The Company offers a wide array of lending and retail
banking products to individuals and businesses in Broward,
Miami-Dade and Palm Beach Counties through its executive offices
and three branch offices in Broward County, Florida.





P3 FOODS: Has Until July 15 to File Plan & Disclosure Statement
---------------------------------------------------------------
The Hon. Donald R. Cassling of the U.S. Bankruptcy Court for the
Northern District of Illinois has extended to July 15, 2017, the
deadline for P3 Foods, LLC, to file a plan of reorganization and
disclosure statement.

                      About P3 Foods, LLC

P3 Foods, LLC, operates nine Burger King franchises in Minneapolis,
Minnesota.  P3 Foods filed a chapter 11 petition (Bankr. N.D. Ill.
Case No. 16-32021) on Oct. 6, 2016.  The case is assigned to Judge
Donald Cassling.  

The Debtor tapped Richard L. Hirsh, Esq., at Richard L. Hirsh,
P.C., as counsel.  The Debtor also engaged Aldridge Chasewater LLC
as accountant.

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


PACE DIVERSIFIED: Hires Belden Blaine Raytis as Attorney
--------------------------------------------------------
Pace Diversified Corporation seeks authorization from the U.S.
Bankruptcy Court for the Eastern District of California to employ
Belden Blaine Raytis, LLP as attorney .

The Debtor requires Belden Blaine to:

     a. consult with principals of the Debtor regarding the
Debtor's goals throughout the Chapter 11 process and the most
efficient and effective way to achieve those goals;

     b. prepare documents necessary to commence the bankruptcy
case;

     c. assist in the formulation and proposal of a viable plan;
and

     d. prepare, filed and prosecute, as necessary, any and all
pleadings related to the administration of the Debtor's Chapter 11
case including, but not limited to, applications to employ
professionals, motions for authority to borrow money, compromise
claims, and object to claims, but excluding any representation in
state court litigation matters.

BBR will be paid at these hourly rates:

     T. Scott Belden, Esq.             $330
     Other Attorneys                   $225-$275
     Legal Assistants                  $65-$125

BBR received an initial retainer for the general business matter of
$5,000.

On March 17, 2017, the Debtor paid an additional retainer for the
Chapter 11 case in the amount of $25,000.

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

T. Scott Belden, Esq., partner at Belden Blaine Raytis, LLP,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

BBR may be reached at:

      T. Scott Belden, Esq.
      Belden Blaine Raytis, LLP
      PO Box 9129
      Bakersfield, CA 93389-9129
      Tel: (661)864-9129
      Fax: (661)878-9797

               About Pace Diversified Corporation

Pace Diversified Corporation filed a Chapter 11 bankruptcy petition
(Bankr. E.D.Cal. Case No. 17-11028) on March 23, 2017.  The Hon.
Rene Lastreto II presides over the case. Belden Blaine Raytis, LLP
represents the Debtor as counsel.

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


PANAMA CITY INVESTMENTS: Plan Confirmation Hearing Set for May 25
-----------------------------------------------------------------
The Hon. Karen K. Specie of the U.S. Bankruptcy Court for the
Northern District of Florida, on March 27, issued another order
conditionally approving Panama City Investments, LLC's disclosure
statement dated Jan. 20, 2017, referring to the Debtor's plan of
reorganization.

A confirmation hearing will be held on May 25, 2017, at 10:00 a.m.,
Central Time.

Objections to the Disclosure Statement must be filed by May 18,
2017.

Objections to the plan confirmation must be filed and served seven
days before the Confirmation Hearing.

As previously reported, under the plan, Class 5 general unsecured
creditors will receive pro-rata payments from the net remaining
proceeds from the sale of the Properties to the extent they are
sold under the Plan or sold at auction following the first
Anniversary of the Effective Date. The Plan Proponent believes that
there will be sufficient funds as of the Effective Date to make all
required payments, or that the sales of the Highway 231 and Resota
Beach Properties will be sufficient to satisfy such claims.

                About Panama City Investments

Panama City Investments, LLC, filed a Chapter 11 bankruptcy
petition (Bankr. N.D. Fla. Case No. 16-50200) on July 26, 2016,
disclosing under $1 million in both assets and liabilities. The
Debtor is represented by Teresa M. Dorr, Esq., at Zalkin Revell,
PLLC.

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


PARETEUM CORP: Reports Fourth Quarter Revenue of $3.1 Million
-------------------------------------------------------------
Pareteum Corporation announced financial results for the year ended
Dec. 31, 2016.

Highlights and achievements in 2016 and to-date:

   * Improved to positive adjusted EBITDA of $110K in Q416 from
     negative adjusted EBITDA of $3.1 million in Q415 (adjustments
     to EBITDA include elements of nonrecurring expenditures,
     restructuring charges, stock based compensation, software
     development and non-cash adjustments);

   * Added new top talent additions at executive management, board
     of directors, and other key operational levels, supporting
     Pareteum's vision and growth mission;

   * Improved revenue metric annualized revenue per employee in
     Q416 to $202,872 from $51,738 in Q415;

   * Strengthened gross margin with Q416 margin of 79% and
     sequential quarterly gains from Q415 margin of 62%;

   * Reported Q416 revenue of $3.1 million, nearly 5% ahead of
     expectations;

   * Focused execution of growth strategy to leverage software and
     services platform to address back office and mobile virtual
     network enabler needs of

   * carriers;
   * enterprises; and
   * services providers, developers and solutions
          integrators; and

   * Completed substantial restructuring, with turnaround advanced
     as demonstrated by improvements in reported results, capital
     infusion, amended debt agreement, and growing roster of   
     clients, prospective clients, and partners.

Hal Turner, executive chairman of Pareteum commented, "We are very
pleased to note that in 2017, we have turned the page.  With 2016
dedicated to executing our restructuring plan and turning around
the business, we believe we have entered 2017 with a stable and
robust platform that is well positioned to capitalize on the major
trends now impacting global communications."

Mr. Turner continued, "Our business is going where it needs to be
going.  Specifically, we have:

  1) new clients and brands are positioned to come on board;

  2) opened up new service segments that represent additional
     revenue streams;

  3) continued development progress on announced transactions; and

  4) announced four new sales agreements, including:

  a. a key carrier customer global roaming enablement deal;

b. an important addition of content and streaming media
         capability to a major carrier mobile MVNE customer

c. an important IoT technology enablement transaction, and

d. a focused subscriber multi-country network enablement   
         agreement."

"In the age of the connected consumer, with our growth strategy
addressing a combined $270 billion total market opportunity, the
management team and Board of Directors of Pareteum are continuing
to operate with a sense of urgency to execute and deliver.  We
remain committed to creating value through continued efficient
execution of our plans to achieve sustainable, accretive operating
and financial results," Mr. Turner concluded.

Financial Highlights for the Year Ended 2016:

Revenue for the year ended Dec. 31, 2016, was $12,855,811 compared
to $31,015,453 for the year ended Dec. 31, 2015.

Cost of service for the twelve-month period ended Dec. 31, 2016,
was $3,658,667, a decrease of $2,267,624 or 38%, compared to
$5,926,291 for the twelve-month period ended Dec. 31, 2015.  The
decrease was related to a decrease in cost of mobile bundled
service business and network, decrease in cost of service related
management and personnel expenses and reduction of non-cash related
expenses.

Total operating expenses, which includes product development, sales
and marketing, and general and administrative costs, for the
twelve-month period ended Dec. 31, 2016, was $16,592,700, a
decrease of $2,234,664 or 12%, compared to $18,827,364 for the
twelve-month period ended Dec. 31, 2015.  The decrease was related
to reductions in staffing in the areas of product development,
overhead, sales and marketing activities.

Cumulative annualized restructuring savings generated during 2015
and 2016, thus far, have totaled approximately $7.4 million and
relate primarily to workforce reduction.

The Company reported a net loss of $31.44 million for the year
ended Dec. 31, 2016, compared to a net loss of $5 million for the
year ended Dec. 31, 2015.  As of Dec. 31, 2016, Pareteum had $13.04
million in total assets, $22.41 million in total liabilities and a
total stockholders' deficit of $9.36 million.

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

                    https://is.gd/FFvTVA

                    About Pareteum Corp

New York-based Pareteum Corporation (NYSEMKT: TEUM), formerly known
as Elephant Talk Communications, Inc. -- http://www.pareteum.com/
-- is an international provider of business software and services
to the telecommunications and financial services industry.

Elephant Talk reported a net loss of $5.00 million on $31.0 million
of revenues for the year ended Dec. 31, 2015, compared to a net
loss of $21.9 million on $20.4 million of revenues for the year
ended Dec. 31, 2014.  As of Sept. 30, 2016, Pareteum had $15.26
million in total assets, $21.66 million in total liabilities and a
total stockholders' deficit of $6.40 million.

Squar Milner, LLP, formerly Squar Milner, Peterson, Miranda &
Williamson, LLP, in Los Angeles, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has suffered
recurring losses from operations, has an accumulated deficit of
$256 million and has negative working capital.  This raises
substantial doubt about the Company's ability to continue as a
going concern, the auditors said.


PARK-OHIO INDUSTRIES: S&P Rates Proposed $350MM Unsec. Notes 'B'
----------------------------------------------------------------
S&P Global Ratings assigned its 'B' issue-level rating and '5'
recovery rating to Park-Ohio Industries Inc.'s proposed $350
million senior unsecured notes due 2027.  The '5' recovery rating
indicates S&P's expectation for modest (10%-30%; rounded estimate:
15%) recovery in the event of a payment default.

The company intends to use the proceeds from these notes, along
with borrowings from its proposed $350 million asset-based lending
(ABL) facility (unrated), to redeem its existing $250 million notes
due 2021, repay the outstanding balances on its existing senior
secured credit facilities due 2019, and pay fees and related
expenses.

All of S&P's other ratings on Park-Ohio remain unchanged.

S&P expects that the company will maintain leverage in the 3x-4x
range over the next 12 months as benefits from management's
cost-savings initiatives counterbalance the continued soft demand
across most of its end markets.  Weak demand in Park-Ohio's heavy
duty truck, steel, and oil and gas end markets, along with lower
automotive-related volumes following the halt of U.S. car
production by Fiat Chrysler in 2016, have caused the company's
adjusted leverage metric to increase to 4.3x as of Dec. 31, 2016,
which is slightly higher than S&P had previously expected.  S&P
forecasts that relatively flat revenue and steady EBITDA margins
(in the 9%-10% range) should enable the company to reduce its
leverage to around 4x in 2017, which should provide it with some
cushion under S&P's 5x downside leverage threshold.

                         RECOVERY ANALYSIS

Key analytical factors

   -- S&P has updated its recovery analysis to incorporate the
      changes in Park-Ohio's capital structure following the
      proposed transaction.

   -- S&P simulates a default occurring in 2021 resulting from a
      sustained general economic downturn that will particularly
      affect the heavy-duty truck and auto industries, where Park-
      Ohio's revenue is concentrated.  Ultimately, these factors
      lead to a payment default in 2021 under S&P's simulated
      default scenario.

   -- The gross emergence enterprise value of $315 million is
      based on an emergence EBITDA of $63 million and a valuation
      multiple of 5x.

   -- S&P's recovery analysis assumes that in a hypothetical
      bankruptcy scenario--after satisfying priority claims -- S&P

      believes the residual value would be sufficient to provide
      the company's senior secured lenders with modest (10%-30%;
      rounded estimate: 15%) recovery prospects.

Simulated default assumptions

   -- Simulated year of default: 2021
   -- EBITDA at emergence: $63 million
   -- EBITDA multiple: 5x

Simplified waterfall

   -- Gross recovery value: $315.9 million
   -- Net recovery value for waterfall after admin. expenses (5%):

      $300 million
   -- Obligor/nonobligor valuation split: 76%/24%
   -- Estimated priority claims (ABL and IEGE loan): $215 million
      -- Recovery range: Not applicable
   -- Estimated senior unsecured notes claim: $361 million
   -- Estimated senior secured deficiency claim: Not applicable
   -- Value available for unsecured claim: $58 million
      -- Recovery range: 10%-30% (rounded estimate: 15%)

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

RATINGS LIST

Park-Ohio Industries Inc.
Corporate Credit Rating          B+/Stable/--

New Rating

Park-Ohio Industries Inc.
$350M Snr Unsecd Nts Due 2027    B
  Recovery Rating                 5(15%)



PASSAGE MIDLAND: Hires Jackson Kelly as Counsel
-----------------------------------------------
Passage Midland Meadows Operations, LLC, a Delaware Limited
Liability Company, and its debtor-affiliates seek permission from
the U.S. Bankruptcy Court for the Southern District of West Virgina
to employ Jackson Kelly PLLC as counsel for Debtors, nunc pro tunc
to March 13, 2017.

The Debtors require Jackson Kelly to:

     a. provide the Debtors with legal advice with respect to their
powers and duties under the Bankruptcy Code and otherwise;

     b. aid the Debtors in the development of a plan of
reorganization under chapter 11;

     c. file the necessary petitions, schedules, pleadings,
reports, and actions which may be required in the continued
administration of the Debtors' property under chapter 11 and in the
course of these chapter 11 proceedings;

     d. take necessary actions to enjoin and stay until final
decree herein continuation of pending proceedings and to enjoin and
stay until final decree herein commencement of lien foreclosure
proceedings and all matters as may be provided under 11 U.S.C. Sec
362;

     e. analyze claims and causes of action of the Debtors and to
object to claims and commence and prosecute adversary proceedings
as necessary in the administration of these cases; and

      f. perform any and all other legal services for the Debtors
which may be necessary herein or in connection with this case or
any proceeding herein or in the administration hereof.

Jackson Kelly lawyers and professionals who will work on the
Debtors' cases and their hourly rates are:

      William F. Dobbs, Jr.         $400
      Elizabeth A. Amandus          $280
      Steven T. Mulligan            $325
      Jill McIntyre                 $335
      Paralegals                    $55-$200

Prepetition, Jackson Kelly received $100,000.00 from the Debtors'
parent, Passage Healthcare, LLC, as a joint retainer for the
Debtors. Prior to filing the petitions, Jackson Kelly applied the
sum of $36,640 for its fees and $6,868.00 for filing fees incurred
up to the time of filing leaving a retainer in the amount of
$56,492.

William F. Dobbs, Jr., Esq., member of the law firm of Jackson
Kelly PLLC, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtors and
their estates.

Jackson Kelly may be reached at:

     William F. Dobbs, Jr., Esq.
     Elizabeth A. Amandus, Esq.
     Jackson Kelly PLLC
     500 Lee Street, Suite 1600
     Post Office Box 533
     Charleston, WV 25322
     Tel: (304) 340-10000
     E-mail: wdobbs@jacksonkelly.com
             eamandus@jacksonkelly.com

            About Passage Midland Meadows Operations, LLC


Passage Midland Meadows Operations, LLC filed a Chapter 11
bankruptcy petition (Bankr. M.D.N.C.. Case No. 17-30092) on March,
2017. Hon. Frank W. Volk presides over the case. Jackson Kelly
PLLC represents the Debtor as counsel.

In its petition, the Debtor estimated $0 to $50,000 in assets and
$1 million to $10 million in liabilities. The petition was signed
by Andrew Turner, member-manager of Passage Healthcare, LLC,
manager of Debtor.


PAYLESS HOLDINGS: Files for Chapter 11 Bankruptcy
-------------------------------------------------
On April 4, 2017, Payless’ North American entities, as well as
two foreign Hong Kong-based entities involved in logistics (CBL)
and supply chain (DAL), filed voluntary Chapter 11 petitions in the
U.S. Bankruptcy Court for the Eastern District of Missouri to
facilitate the financial and operational restructuring necessary to
strengthen its balance sheet and position the Company for long-term
success.  Payless is also filing for recognition of the U.S.
Chapter 11 proceedings under Part IV of the Companies’ Creditors
Arrangement Act in the Ontario Superior Court of Justice.

Payless will continue to operate its business in the ordinary
course in terms of its customers, vendors, partners and associates
and, subject to Court approval, expects to continue:

   * Providing associate wages, healthcare coverage, and other
benefits without interruption;

   * Honoring pre-petition obligations to customers, including all
gift cards with Payless stores and Payless.com; and

   * Paying vendors and suppliers in the ordinary course for all
authorized goods and services provided on or after the date of the
Chapter 11 filing.

"We intend to use the Chapter 11 process to implement a
comprehensive path forward to meaningfully enhance our growth
profile and profitability, positioning us to continue to thrive as
a sustainable business in the face of the retail industry’s
radical, unprecedented transformation," the Company said.

"Payless has the strong support of its senior lenders for a
consensual restructuring through a Plan Support Agreement (PSA) to
reduce debt, materially lower annual cash interest costs, access
significant additional capital, and provide a clear path to
emergence on an expedited basis.  Payless has also negotiated
agreements with certain of its existing lenders to provide the
Company access of up to $385 million of Debtor-in-Possession
financing."

Most up-to-date information, including links to the Company's
claims agent site at https://cases.primeclerk.com/payless/,
restructuring information line (844-648-5574 if calling from within
the U.S. or Canada, or +1 347-505-5254 if calling from outside the
U.S. or Canada), and frequently asked questions. Please check back
for updates.

On April 4, 2017, Payless Holdings LLC and 28 affiliated debtors'
each filed a voluntary petition for relief under Chapter 11 of the
United States Bankruptcy Code in the United States Bankruptcy Court
for the Eastern District of Missouri.  The Debtors have requested
that their cases be jointly administered under Case No. 17-42267.

A hearing on the Debtors' First Day Motions will be held on April
5, 2017 at 1:30 P.M.(CT) before the Honorable Kathy A.
Surratt-States, United States Bankruptcy Court for the Eastern
District of Missouri, Thomas F. Eagleton U.S. Courthouse, 111 S.
10th Street, 4th Floor, Courtroom 7 North, St. Louis, MO 63102.


PEN INC: Reports $556,000 Net Loss for 2016
-------------------------------------------
PEN Inc. filed with the Securities and Exchange Commission its
annual report on Form 10-K disclosing a net loss of $556,001 on
$8.11 million of total revenues for the year ended Dec. 31, 2016,
compared to a net loss of $1.86 million on $9.68 million of total
revenues for the year ended Dec. 31, 2015.

As of Dec. 31, 2016, Pen Inc. had $2.79 million in total assets,
$3.37 million in total liabilities and a total stockholders'
deficit of $578,096.

Salberg & Company, P.A., in Boca Raton, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, citing that the Company has a net
loss in 2016 of $556,001, and has an accumulated deficit,
stockholders' deficit and working capital deficit of $5,900,167,
$578,096 and $1,072,691, respectively, at Dec. 31, 2016.  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/rCkJU3

                        About Pen Inc.

Headquartered in Miami, Florida, PEN develops, commercializes and
markets consumer and industrial products enabled by nanotechnology
that solve everyday problems for customers in the optical,
transportation, military, sports and safety industries.  The
Company's primary business is the formulation, marketing and sale
of products enabled by nanotechnology including the ULTRA CLARITY
brand eyeglass cleaner, CLARITY DEFOGIT brand defogging products
and CLARITY ULTRASEAL nanocoating products for glass and ceramics.
The Company also sells an environmentally friendly surface
protector, fortifier, and cleaner.  The Company's design center
conducts product development services for government and private
customers and develops and sells printable inks and pastes, thermal
management materials, and graphene foils and windows.

PEN was formed in 2014, and is the successor to Applied Nanotech
Holdings Inc. that had been formed in 1989.  In the combination
that created PEN, Nanofilm, Ltd. acquired Applied Nanotech
Holdings, Inc.  The Company's principal operating segments coincide
with its different business activities and types of products sold.
This is consistent with the Company's internal reporting structure.



PICO HOLDINGS: UCP Surrenders to Corporate Governance Improvements
------------------------------------------------------------------
Activist bloggers at http://www.ReformPICONow.comobserve that
perennial destroyer of shareholder value, UCP, has surrendered to
PICO's demands for improvements to corporate governance. The
bloggers predict that "UCP, as it is currently conceived, will
survive either another 7 months if the debt maturity goes sideways
or another year (barring a surprise offer or other unanticipated
transaction). Either way, value destruction at UCP will end
sometime soon and shareowners may finally realize an acceptable
return on their investment.

UCP produced the bold headline: 'UCP Announces Expansion Of Board
And Strengthened Corporate Governance.'

The blogger said, "We find UCP's tone amusing -- as if UCP sought
to improve corporate governance all along. The potential corporate
governance improvements at UCP were not self-imposed. They are the
result of PICO taking off the kid gloves."

"But what should investors expect from UCP? The last few months
have seen numerous dishonest communications from Chairman Michael
Cortney, CEO Dustin Bogue and CFO James Pirrello."

The activist bloggers outline the proposals to be voted upon at the
upcoming UCP Annual Meeting. "UCP will expand the Board from 6 to 7
Directors. Kathleen Wade, incumbent Director up for reelection this
year, will keep her seat. Filling the open slot will be PICO's
nominee Keith Locker.

The result is guaranteed as Director election at UCP requires a
majority of votes, which PICO, with its almost 57% voting power,
will meet by itself.

The blogger said, "We got this one wrong in a few different posts.
We didn't envision a scenario in which Mrs. Wade kept her seat.
This unfortunate result means that one of 4 UCP Directors focused
on entrenchment and destruction of shareholder value gets more time
to do more of the same.

"Mr. Locker will be named to the UCP Corporate Governance and
Nominating Committee. Eric Speron will be appointed to the
Compensation Committee, an addition that is long, long overdue.

The UCP Comp Committee, comprised only of Mr. Cortney and UCP
Director Peter H. Lori, has been guilty of several offenses against
shareowners. This dubiously configured Comp Committee without any
explanation, removed the Officer Stock Ownership Guidelines from
the Proxy Statement. CEO Bogue received the most undeserved salary
increase in the homebuilder industry. And Mr. Bogue received Golden
Parachute fortification as PICO sought to earn an adequate return
on its investment.

Now that all the dubious and abusive compensation machinations are
complete, Messrs. Cortney and Lori are willing to accept a
non-corrupt additional member. The rotten Cortney and Lori apples
don't fall far from the diseased Juicerian tree."

The bloggers criticize the intransigence of the UCP Directors.
"Messrs. Cortney, Bogue, Lori and Mrs. Wade occupy a shameful place
in corporate America. These four value-destroying charlatans
continue to hold two shareholder bases hostage. Despite the fact
that UCP has destroyed millions of dollars in value since its July
2013 IPO, these self-interested Directors refuse to maximize value
for two sets of owners and sell the firm.

"We understand this unethical choice. As we have said, Messrs.
Cortney, Bogue and Mrs. Wade will never occupy their respective
positions ever again. Therefore, they cling to the prestige and
compensation of their current positions as if they were drowning
men and women reaching for a life raft.

According to the Settlement Agreement with PICO, UCP agrees to
include 5 Proposals, along with its positive recommendation, in its
2017 Proxy Statement.

First, UCP will pursue hard declassification, starting at the 2018
Annual meeting. All Directors and potential Directors with terms
expiring after 2018 have signed resignation letters to facilitate
the hard declassification next year.

Second, shareholders with 25% or more voting power of UCP Common
Stock may call a Special Meeting. This provision pertains only to
UCP holders of Common Stock, which thereby excludes PICO, which
owns Class B Common Stock and Series A Units. PICO had sought a 10%
threshold.

Third, stockholders will be allowed to act by written consent.

Fourth, Directors may be removed without cause, the size of the
Board may be changed and vacancies on the Board may be filled by a
75% supermajority vote (for as long as PICO or another shareholder
owns 35% or more voting power). In other words, PICO plus 18.4%.
PICO had sought a 66 2/3% threshold.

Fifth, Stockholders may amend the Bylaws by a 75% supermajority
vote (for as long as PICO or another shareholder owns 35% or more
voting power). In other words, PICO plus 18.4%. PICO had sought a
66 2/3% threshold.

UCP refused to honor PICO's request to adopt cumulative voting for
Directors.

To pass, each proposal needs a 'For' vote from a majority of the
roughly 8 million Class A shares (about 4 million 'For' votes).

PICO agrees to vote 'For' all 5 Proposals. Going forward, PICO
agrees to vote its securities in such a manner that at least 3 UCP
Directors at all times will be 'Independent.'

At the request of readers, the activist bloggers calculate "2016
economic earnings" for UCP. They write: "Many RPN readers enjoyed
our expose' of UCP's Q4 earnings presentation. We entertained them
by uncovering the dishonesty and desperation of Messrs. Bogue and
Pirrello, both of whom futilely attempted to inflate UCP's earnings
to the investing public.

"A few readers asked us about economic earnings, so we provide our
version. First, a few notes. UCP does not disclose cash interest
paid. We use interest incurred, which is likely higher, but not by
much.

"Like all builders, UCP capitalizes and expenses interest on debt,
provided that real estate inventory balance exceeds debt balance.
When capitalized interest is expensed, it is lumped in with cost of
goods sold.  Our "Incremental Interest Expense" figure is the
interest incurred above and beyond what UCP expensed in cost of
goods sold.

We always include routine depreciation and amortization, stock
options and other forms of noncash employee compensation in our
calculation of economic earnings. Although such P&L debits do not
have immediate cash consequences, assets wear out and must be
replaced. Equity equivalents granted to managers have an economic
cost to owners. This inclusion may skew from cash earnings, but it
is perfectly coherent with economic earnings.

Recall that Messrs. Bogue and Pirrello told UCP owners, with
straight faces, that 'Core Earnings' were $.84 cents per share and
'Core ROE' was 6.5%. We laughed at their desperate attempt to
artificially inflate UCP's results in order to compensate for
dismal performance, as measured by any and all relevant metrics.
These men have a tendency to communicate dishonesty to owners and
they are incompetent managers in the extreme. Below we show UCP's
economic earnings and compare it with the deceptive figures
futilely championed by Messrs. Bogue and Pirrello:

   Item                               RPN Economic Earnings  
   ----                               ---------------------
Reported Pretax Earnings                            $9,163
Add:
  Goodwill Writedown                                $4,223
  Abandonment/Impairment                            $3,112
Less:
  Contingent Consideration                         ($2,347)
  Valuation Allowance                                   --
  Cash Tax Payment to PICO                         ($4,830)
  Incremental Interest Expense                     ($4,385)
                                      ---------------------
Total UCP Economic Income                           $4,936
Earnings Per Share                                    $.26
Return on Avg. Equity ($222M)                          2.2%

Messrs. Bogue and Pirrello deceptively claimed credit for $.84
cents per share in earnings. Recall that they conveniently 'forgot'
to adjust for the contingent commission reduction and the cash tax
payment to PICO.

"We calculate $.26 cents per share, or 69% less that the dubious
figure provided by Messrs. Bogue and Pirrello. Recall that Messrs.
Bogue and Pirrello disingenuously told us that 'Core ROE' was 6.5%,
while we calculate an economic ROE of 2.2%, which is less than a
10-year Treasury bond.

"Monetization of PICO's stake in UCP is now in sight. But it could
be a long way off. In the meantime, both shareholder bases of UCP
and PICO will incur significant risk and value destruction as 4
Directors -- Messrs. Cortney, Bogue and Lori and Mrs. Wade -- whom
we characterize as dishonest and inept, continue their pursuit of
self-interest in the extreme."

PICO Holdings, Inc. (Nasdaq:PICO), based in La Jolla, Calif., is a
diversified holding company reporting recurring losses since 2008.
PICO owns 57% of UCP, Inc. (NYSE:UCP), 100% of Vidler Water
Company, Inc., a securities portfolio and various interests in
small businesses. PICO has $676 million in assets and $428 million
in shareholder equity as of December 31, 2016. Amundi and River
Road Asset Management LLC collectively own more than 16% of PICO.
Other activists at http://ReformPICONow.com/(RPN) have taken to
the Internet to advance the shareholder cause.


PIONEER ENERGY: Attends Scotia Howard Weil 45th Annual Conference
-----------------------------------------------------------------
In its current report on Form 8-K filed with the Securities and
Exchange Commission on March 27, 2016, Pioneer Energy Services
announced that the company participated Scotia Howard Weil 45th
Annual Energy Conference.  At the conference, the Company presented
several slides which provide an update on the Company's operations
and certain recent developments, which are:

     Drilling

           a. U.S. drilling fleet 100% high-spec and 100%
contracted  
           b. Average drilling margin per day in Colombia exceeded
average margins in the U.S. through February

     Production Services

          a. Projecting 25% to 30% revenue growth in Production
Services Segment in the first quarter of 2017
          b. Well Servicing utilization averaging 45% in March as
compared to 43% in February, 42% in January and 40% in the fourth
quarter of 2016   
          c. Coiled Tubing utilization improving including a pick
up in 2 3/8" and 2 5/8" size coil
          d. Wireline marketed fleet up by 10 units from the fourth
quarter of 2016 and have four new completion-oriented units on
order

A full-text copy of the regulatory filing is available at:
https://is.gd/cto1Fm

                      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.


PIONEER ROOFING: Projects $950K to $1MM in Sales Proceeds
---------------------------------------------------------
Pioneer Roofing Systems, Inc., filed with the U.S. Bankruptcy Court
for the Eastern District of Virginia a second amended disclosure
statement explaining its second amended plan of reorganization.

The source of funds to be distributed pursuant to the Plan will be
Pioneer's monthly disposable income, "new value" in the projected
amount of $950,000 to $1 million from the sales proceeds from
non-Debtor real property owned by Stephen R. Wann and Joan E.
Martin located at 1263 Dartmouth Court, Alexandria, Virginia 22314
and located at 7211-C and D, Telegraph Square Drive, Lorton,
Virginia 22079 and the waiver of their unsecured claim of
$298,873.59.  The First Amended Disclosure Statement did provide
the projected amount of "new value" from the sales proceeds.

Class 3 of the Plan consists of the priority claim of Nationwide
Financial -- totaling $14,965.70 -- as custodian for Pioneer
Roofing Systems, Inc.'s 401K Plan.  This claim will be paid in full
with 4% interest per annum from the petition date payable within
one year of the Effective Date of the Plan.  Class 3 is unimpaired
under the Plan.

Class 5 of the Plan consists of B&H Bank Claims.  The B&H Bank
Claims are comprised of various loans either made to Pioneer or
guaranteed by Pioneer and secured by a blanket lien on the assets
of the Debtor as well as other non-debtor collateral.  Each and all
of the B&H Bank Claims are proposed to be paid, in full, from the
sale of non-debtor collateral securing such loans. Pending such
payments, and because all the loans are secured by a blanket lien
upon the assets of Pioneer, the claims will be entitled to a
continuation of monthly adequate protections payments initially set
forth in that certain cash collateral court order entered by the
Court on Oct. 30, 2015, at the rate of $10,000 per month for
Loan 2001, $3,000 per month for Loan 3925 and $1,713 per month for
Loan 3869.  Thereafter, payment of all principal, interest, fees
and costs for each of the B&H Bank Claims will be made from the
sale of the Dartmouth Property and the Telegraph Square Property to
the extent sales proceeds are sufficient to effect all the
payments.

Stephen R. Wann will be the President and CEO of Pioneer and will
run the operations of Pioneer and be responsible for the
performance of the Plan.  Joan E. Martin is Pioneer's Office
Manager.  Both individuals are insiders of Pioneer.

The Second Amended Disclosure Statement is available at:

          http://bankrupt.com/misc/vaeb15-13518-200.pdf

As reported by the Troubled Company Reporter on Feb. 21, 2017, the
Debtor filed with the Court an amended disclosure statement
explaining its plan of reorganization, which proposed that holders
of Class 6 General Unsecured Claims would be paid with income that
remains after the satisfaction of the holders of Allowed Claims in
Classes 1 through 5.  Class 6 claims would be paid at the rate of
at least 5%.

                About Pioneer Roofing Systems

Pioneer Roofing Systems, Inc., a Virginia corporation, sells and
installs roofing systems in the Mid-Atlantic Region.  Stephen R.
Wann, president and 100% shareholder, has operated the Debtor for
the last 35 years.  The Debtor's office is located at 7211-C
Telegraph Square Drive, Lorton, Virginia.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E. D. Va. Case No. 15-13518) on Oct. 8, 2015.  The
petition was signed by Stephen R. Wann, president.  The case is
assigned to Judge Brian F. Kenney.

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


PNCH ASSOCIATES: Plan Outline Okayed, Plan Hearing on April 27
--------------------------------------------------------------
The U.S. Bankruptcy Court for the District of New Jersey will
consider approval of the Chapter 11 plan of PNCH Associates, LLC at
a hearing on April 27.

The hearing will be held at 10:00 a.m., at Courtroom 4B, 400 Cooper
St., Camden, New Jersey.

The court will also consider at the hearing the final approval of
PNCH's disclosure statement, which it conditionally approved on
March 27.

The order set an April 20 deadline for creditors to file their
objections, and cast their votes accepting or rejecting the plan.

                      About PNCH Associates

PNCH Associates, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D.N.J. Case No. 16-21540) on June 14, 2016.
The petition was signed by Robert Rosin, member.  

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

The case is assigned to Judge Andrew B. Altenburg, Jr.  Ciardi
Ciardi & Astin, P.C., serves as counsel to the Debtor.


POSITRON CORP: Unsecureds to Recoup 5% Over 36 Months Under Plan
----------------------------------------------------------------
Positron Corporation filed with the U.S. Bankruptcy Court for the
Northern District of Texas an amended disclosure statement in
support of the Debtor's plan of reorganization dated March 27,
2017.

General unsecured creditors are classified in Class 5, and will
receive a distribution of approximately 5.00% of their allowed
claims, to be distributed in equal monthly distributions over a
period of 36 months following the Effective Date.

As reported by The Troubled Company Reporter on March 20, 2017, the
Debtor's Plan dated March 6, 2017, provides that general unsecured
creditors would receive a distribution of approximately 5% of their
allowed claims, to be distributed in equal monthly distributions
over a period of 60 months following the Effective Date.

Payments and distributions under the Plan will be funded by the
sale of the Westmont real property and by the going forward
business operations of the business.  WKPZ will hold the net
proceeds of sale of the Westmont Real Property in trust to be
distributed in accordance with the Plan as to items that are to be
funded on or around the Effective Date.

Periodic payments to Class 3 Priority Wage Creditors and Class 5
General Unsecured Creditors may be made from the going forward cash
flow of Positron after the Effective Date.

The deadline to file objections to this Disclosure Statement and
Plan is April 21, 2017.  

The combined hearing to consider Disclosure Statement and the Plan
will be held on April 26, 2017, 1:30 p.m.

The Amended Disclosure Statement is available at:

           http://bankrupt.com/misc/txnb15-50205-186.pdf

                  About Positron Corporation

Headquartered in Fishers, Indiana, Positron Corporation is a
molecular imaging company focused on nuclear cardiology.

Three alleged creditors filed an involuntary Chapter 11 petition
(Bankr. N. D. Texas Case No. 15-50205) on August 28, 2015.  

The petitioning creditors are DX LLC, Moress LLC, and Jason and
Suzanne Kitten.  The creditors tapped as counsel Max R. Tarbox,
Esq., at Tarbox Law P.C. and Daniel Zamudio, Esq., at Zamudio Law
Professionals P.C.

As of Sept. 30, 2015, Positron had $1.52 million in total assets,
$3.10 million in total liabilities and a total stockholders'
deficit of $1.58 million.

On Sept. 7, 2016, an order of relief under Chapter 11 of the
Bankruptcy Code was entered in the case with respect to Positron.

No Chapter 11 trustee or committee of unsecured creditors is
appointed in Positron's case.

Jeff Carruth, Esq., at Weycer, Kaplan, Pulaski & Zuber, P.C.,
serves as the Debtor's legal counsel.


PREMIUM TRANSPORTATION: Hires Brouse McDowell as Counsel
--------------------------------------------------------
Premium Transportation Staffing, Inc., seeks authorization from the
U.S. Bankruptcy Court for the Northern District of Ohio to employ
Brouse McDowell, LPA as counsel.

The Debtor requires Brouse McDowell to:

     a. advise the Debtor with respect to its powers and duties as
debtor-in-possession in the continued operation of its business;

     b. advise the Debtor with respect to all bankruptcy matters;

     c. prepare on behalf of the Debtor all necessary motions,
applications, answers, orders, reports, and papers in connection
with the administration of its estate;

     d. represent the Debtor at all hearings on matters relating to
its affairs and interests as debtor-in-possession before this
Court, any appellate courts, the United States Supreme Court, and
protecting the interests of the Debtor;

     e. prosecute and defend litigated matters that may arise
during this Case, including such matters as may be necessary for
the protection of the Debtor's rights, the preservation of estate
assets, or the Debtor's successful reorganization;

     f. prepare and file the disclosure statement and negotiate,
present and implement a plan of reorganization;

     g. negotiate and seek approval of a sale of some or all of the
Debtor's assets should such be in the best interests of the
Debtor's estate;

     h. negotiate appropriate transactions and prepare any
necessary documentation related thereto;

     i. represent the Debtor on matters relating to the assumption
or rejection of executory contracts and unexpired leases;

     j. advise the Debtor with respect to corporate, real estate,
litigation, labor, finance, regulatory, tax, health care and other
legal matters which may arise during the pendency of this Case;
and

     k. perform all other legal services that are necessary for the
efficient and economic administration of this Case.

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

     Marc B. Merklin                 $425
     Kate M. Bradley                 $325
     Bridget A. Franklin             $300
     Theresa M. Palcic               $170

The Debtor paid to Brouse McDowell a $70,000 retainer on March 21,
2017 in contemplation of the filing of this Chapter 11 Case. The
total amount billed to the Retainer was approximately $7,376.50.

As of the Petition Date, Brouse McDowell estimates that the balance
of the Retainer is approximately $62,603.50.

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

Kate M. Bradley, Esq., principal in the law firm of Brouse
McDowell, LPA, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estates.

Brouse McDowell may be reached at:

      Kate M. Bradley, Esq.
      Marc M. Bradley, Esq.
      Bridget A. Franklin, Esq.
      Brouse McDowell, LPA
      388 S. Main Street, Suite 500
      Akron, OH 44311
      Tel: (330)535-5711
      Fax: (330)253-8601
      E-mail: mmerklin@brouse.com
              kbradley@brouse.com
              bfranklin@brouse.com

         About Premium Transportation Staffing, Inc.

Premium Transportation Staffing, Inc.filed a Chapter 11 bankruptcy
petition (Bankr. N.D. Ohio Case No. 17-50689) on March 24, 2017.
The Hon. Alan M. Koschik presides over the case. Brouse McDowell,
LPA represents the Debtor as counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Todd
Packard, president.


PURADYN FILTER: Incurs $1.44 Million Net Loss in 2016
-----------------------------------------------------
Puradyn Filter Technologies Incorporated filed with the Securities
and Exchange Commission its annual report on Form 10-K disclosing a
net loss of $1.44 million on $1.94 million of net sales for the
year ended Dec. 31, 2016, compared to a net loss of $1.44 million
on $1.97 million of net sales for the year ended Dec. 31, 2015.

The Company's balance sheet at Dec. 31, 2016, showed $1.52 million
in total assets, $9.28 million in total liabilities and a total
stockholders' deficit of $7.75 million.

As of Dec. 31, 2016, the Company had cash of $12,806 as compared to
cash of $34,471 at Dec. 31, 2015.  At Dec. 31 2016, the Company had
negative working capital of $8,266,892 and its current ratio
(current assets to current liabilities) was .11 to 1.  At Dec. 31,
2015, the Company had negative working capital of approximately
$1,016,765 and its current ratio was .49 to 1.  The decrease in
working capital is primarily attributable to decreases in
inventory, cash, and deferred compensation which was offset by
increases in accounts receivable, prepaid expense, accounts
payable, accrued liabilities and a reclassification of long term
debt to short term.  The 17% decrease in inventories at December
31, 2016 as compared to Dec. 31, 2015, reflects reduced ordering of
inventory in order to conserve cash flow.  The Company
does not currently have any commitments for capital expenditures.

Liggett & Webb, P.A., in Boynton Beach, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, citing that the Company has
experienced net losses since inception and negative cash flows from
operations and has relied on loans from related parties to fund its
operations.  These factors 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/ZvAMKK

                     About Puradyn Filter

Boynton Beach, Fla.-based Puradyn Filter Technologies Incorporated
(OTC BB: PFTI) designs, manufactures and markets the puraDYN's Oil
Filtration System.


RADIOSHACK CORP: May Close Fort Worth HQ as Part of Ch. 11 Filing
-----------------------------------------------------------------
The American Bankruptcy Institute, citing Melissa Repko of Dallas
News, reported that struggling electronics retailer RadioShack may
lay off as many as 150 people and close its Fort Worth headquarters
as part of its bankruptcy proceedings.

According to the report, the Fort Worth retailer sent a notice to
the state about the coming layoffs, which are expected by late May.
In a letter to the Texas Workforce Commission, the company said it
is trying to "reorganize and emerge from bankruptcy as an ongoing
business," the report related.  It may have to close the
headquarters, if it cannot come up with a way to restructure, the
report said.  Even if it does restructure, however, it may have to
lay off employees, the letter said, the report added.

As part of the company's second filing, the company said it would
close about 200 stores and consider options for the remaining 1,300
stores, the report related.

After its bankruptcy filing in 2015, General Wireless and Sprint
bought the trademark, and 1,700 stores, the report recalled.  The
headquarters remained in Fort Worth, the report said.

RadioShack has 23 stores in Dallas-Fort Worth, but five locations
are closing soon, according to its website's store locator, the
report noted.  Stores are closing in Richardson, Cedar Hill, Allen,
Arlington and Saginaw, the report added.

               About General Wireless Operations

Based in Fort Worth, Texas, General Wireless Operations Inc.,
doing
business as RadioShack -- http://www.RadioShack.com-- operates a
chain of electronics stores.  Its predecessor, RadioShack Corp.,
then with 4,000 locations, sought Chapter 11 protection (Bankr. D.
Del. Case No. 15-10197) in February 2015 and announced plans to
close underperforming stores.  In March 2015, Standard General
affiliate General Wireless won court approval to purchase
RadioShack Corp.'s assets, gaining ownership of around 1,700
RadioShack locations.  Two years later, General Wireless commenced
its own bankruptcy case, announcing plans to close 200 of 1,300
remaining stores.

General Wireless Operations Inc., and its affiliates based in Ft.
Worth, TX, filed a Chapter 11 petition (Bankr. D. Del. Lead Case
No. 17-10506) on March 8, 2017.  The petition was signed by
Bradford Tobin, SVP, general counsel.

In its petition, the Debtor estimated $100 million to $500 million
in both assets and liabilities.

Pepper Hamilton LLP is serving as counsel to the Debtors, Jones
Day as co-counsel, Prime Clerk, LLC as claims and noticing agent,
Loughlin Management Partners & Company, Inc.




REAL ESTATE SHORT: Hires Burton as Bankruptcy Counsel
-----------------------------------------------------
Real Estate Short Sales, Inc., seeks authority from the U.S.
Bankruptcy Court for the Central District of California to employ
Stephen L. Burton, Attorney at Law, as general bankruptcy counsel
to the Debtor.

Real Estate Short requires Burton to:

   a. advise the Debtor regarding matters of bankruptcy law and
      concerning the requirement of the Bankruptcy Code, and
      Bankruptcy Rules relating to the administration of the
      case, and the operation of the Debtor's estate as a debtor
      in possession;

   b. represent the Debtor in proceedings and hearings in the
      court involving matters of bankruptcy law;

   c. assist in compliance with the requirements of the Office of
      the U.S. Trustee;

   d. provide the Debtor legal advice and assistance with respect
      to the Debtor's powers and duties in the continued
      operation of the Debtor's business and management of
      property of the estate;

   e. assist the Debtor in the administration of the estate's
      assets and liabilities;

   f. prepare necessary applications, answers, orders, reports
      and other legal documents on behalf of the Debtor;

   g. assist in the collection of all accounts receivable and
      other claims that the Debtor may have and resolve claims
      against the Debtor's estate;

   h. provide advice, as counsel, concerning the claims of
      secured and unsecured creditors, prosecute and defend of
      all actions; and

   i. prepare, negotiate, prosecute and attain confirmation of a
      plan of reorganization.

Burton will be paid at the hourly rate of $350.

Burton will be paid a retainer in the amount of $6,000.

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

Stephen L. Burton, partner of Stephen L. Burton, Attorney at Law,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

Burton can be reached at:

     Stephen L. Burton, Esq.
     STEPHEN L. BURTON, ATTORNEY AT LAW
     16133 Ventura Boulevard, 7th Floor
     Encino, CA 91436
     Tel: (818) 501-5055
     Fax: (818) 501-5849
     E-mail: steveburtonlaw@aol.com

                   About Real Estate Short Sales, Inc.

Real Estate Short Sales Inc. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. C.D. Cal. Case No. 16-11387) on May 6,
2016, disclosing under $1 million in both assets and liabilities.
When it filed the petition, the Debtor hired The Orantes Law Firm,
P.C. as its legal counsel.  The Debtor has subsequently tapped
Stephen L. Burton, Attorney at Law, as general bankruptcy counsel.


RENNOVA HEALTH: Closes $10.9 Million Convertible Debenture Offering
-------------------------------------------------------------------
On March 21, 2017, Rennova Health, Inc., closed an offering of
$10,850,000 principal amount of Senior Secured Original Issue
Discount Convertible Debentures due March 21, 2019 and three series
of warrants to purchase an aggregate of 19,608,426 shares of the
Company's common stock, par value $.01 per share.  The offering was
pursuant to the terms of the previously announced Securities
Purchase Agreement, dated as of March 15, 2017, between the Company
and certain existing institutional investors of the Company. The
Company received proceeds of $8,750,000 from the offering.

Also on March 21, 2017, the Company closed an exchange by which the
holders of the Company's Original Issue Discount Convertible
Debentures issued on Feb. 2, 2017 and holders of the Company's
Series H Convertible Preferred Stock exchanged $1,590,000 principal
amount of such debentures and $2,174,000 stated value of such
preferred stock for $5,160,260 principal amount of new debentures
on the same items as, and pari passu with, the New Debentures and
Warrants. All issuance amounts of Debentures reflect a 24% original
issue discount.

As previously announced, the Company also entered into exchange
agreements with certain holders of its warrants issued on July 19,
2016 to exchange, upon the closing under the Purchase Agreement,
such warrants for an aggregate of 29,518 shares of Common Stock.
Such shares of Common Stock were issued on March 21, 2017 and were
issued in reliance on the exemption from registration contained in
Section 3(a)(9) of the Securities Act.

Effective Sept. 11, 2015, Medytox Solutions, Inc., now a
wholly-owned subsidiary of the Company, entered into a Securities
Purchase Agreement with TCA Global Credit Master Fund, LP, pursuant
to which Medytox issued a $3,000,000 debenture to TCA.  The TCA
Debenture is secured by a pledge of the assets of Medytox and
various subsidiaries.  Prior to the issuance of the Debentures and
the Warrants on March 21, 2017, the Company had not made the last
six required payments under the TCA Debenture, totaling
$1,800,000.

In connection with the issuance of the Debentures and the Warrants,
the Company and TCA entered into a Side Letter.  Pursuant to the
Side Letter, TCA was paid $750,000 toward the TCA Debenture and the
remaining indebtedness was restructured over the next six months.
TCA acknowledged that the Company was not in default of the TCA
Debenture as a result of any failure to make any required payment
and TCA waived any such default that may have then existed.
  
As previously announced, Christopher Diamantis, a director of the
Company, had made advances to the Company.  These advances were due
on demand. As of March 21, 2017, these advances totalled
$3,300,000.  This amount, plus accrued interest, was paid to Mr.
Diamantis out of the proceeds of the offering of the New Debentures
and Warrants.

On March 21, 2017, the Company also issued Mr. Diamantis warrants
to purchase 250,000 shares of Common Stock. The warrants are
exercisable immediately, have a term of exercise equal to five
years and have an exercise price of $1.66. The warrants are subject
to "full ratchet" and other customary anti-dilution protections.
The warrants were issued in reliance on the exemption from
registration contained in Section 4(a)(2) of the Securities Act as
a transaction by an issuer not involving any public offering.

Additional information of the regulatory filing is available for
free at
https://is.gd/VNPCEJ

                About Rennova Health, Inc.

Rennova Health, Inc. -- http://www.rennovahealth.com/-- provides
industry-leading diagnostics and supportive software solutions to
healthcare providers, delivering an efficient, effective patient
experience and superior clinical outcomes.  Through an
ever-expanding group of strategic brands that work in unison to
empower customers, we are creating the next generation of
healthcare.

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: Files Notice of Exempt Offering of Securities
-------------------------------------------------------------
Rennova Health, Inc., filed with the Securities and Exchange
Commission on March 27, 2017, a notice of exempt offering of
securities provided by Regulation D and Section 4(6) under the
Securities Act.

As disclosed in the filing, a total of 2 investors have already
invested in the equity securities offering.  The date of first sale
occurred on March 13, 2017.  The total offering amount of $848,000
was sold. Holders of $440,000 principal amount of convertible notes
and warrants exchanged such securities for an aggregate of 400,000
shares of common stock (closing price on 3/13/2017 was $2.12 per
share).

A copy of the Form D is available at: https://is.gd/IR8uGo

                   About Rennova Health

Rennova provides industry-leading diagnostics and supportive
software solutions to healthcare providers, delivering an
efficient, effective patient experience and superior clinical
outcomes.  Through an ever-expanding group of strategic brands that
work in unison to empower customers, we are creating the next
generation of healthcare. For more information, please visit
www.rennovahealth.com.

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."


RESIDENTIAL CAPITAL: Trust Appoints David Pauker to Board
---------------------------------------------------------
The ResCap Liquidating Trust on March 29, 2017, announced the
appointment of David Pauker to its Board of Directors.  Mr. Pauker
is currently a member of the Board of Directors of reorganized
Lehman Brothers.  Mr. Pauker is a turnaround manager and
restructuring advisor with more than 25 years of experience in a
broad array of industries.  Mr. Pauker succeeds John Dubel who has
served on the Board since ResCap's exit from bankruptcy.

Board Chairman Mitchell Sonkin commented, "David's experience and
strong track record in bankruptcies and restructuring in the
financial services industry will significantly benefit the Board as
we continue to vigorously pursue litigation claims against banks
and financial institutions and resolve the remaining legacy matters
of the Trust.  We look forward to David's advice, guidance and
counsel."

Mr. Sonkin continued: "On behalf of the entire Board, I also want
to thank John Dubel for his 3 1/2 years of dedicated service to the
Trust both as a Board member and Liquidating Trust Manager as well
as his service as Co-Chairman of the Official Committee of
Unsecured Creditors during the bankruptcy.  John's hard work and
extensive experience in the residential mortgage area was
instrumental in the Trust's success.  We will miss John's
exceptional skills and insights."

Mr. Pauker was appointed to the Board by KLS Diversified Asset
Management LP, who succeeded to the right of appointment pursuant
to the terms of the Trust's Liquidating Trust Agreement.

               About the ResCap Liquidating Trust

The ResCap Liquidating Trust was established in December 2013 under
the Second Amended Joint Chapter 11 Plan of Residential Capital,
LLC, et al., to liquidate and distribute assets of the debtors in
the ResCap bankruptcy case.  The Trust maintains a Web site at
http://www.rescapliquidatingtrust.com/, which Unitholders are
urged to consult, where Unitholders may obtain information
concerning the Trust, including current developments.

                 About Residential Capital

Residential Capital LLC, the unprofitable mortgage subsidiary of
Ally Financial Inc., filed for bankruptcy protection (Bankr.
S.D.N.Y. Lead Case No. 12-12020) on May 14, 2012.  Neither Ally
Financial nor Ally Bank is included in the bankruptcy filings.

ResCap, one of the country's largest mortgage originators and
servicers, was sent to Chapter 11 with 50 subsidiaries amid
"continuing industry challenges, rising litigation costs and
claims, and regulatory uncertainty," according to a company
statement.

ResCap disclosed $15.7 billion in assets and $15.3 billion in
liabilities at March 31, 2012.

Centerview Partners LLC and FTI Consulting are acting as financial
advisers to ResCap.  Morrison & Foerster LLP is acting as legal
adviser to ResCap.  Curtis, Mallet-Prevost, Colt & Mosle LLP is
the conflicts counsel.  Rubenstein Associates, Inc., is the public
relations consultants to the Company in the Chapter 11 case.
Morrison Cohen LLP is advising ResCap's independent directors.
Kurtzman Carson Consultants LLP is the claims and notice agent.

Ray C. Schrock, Esq., at Kirkland & Ellis LLP, in New York, serves
as counsel to Ally Financial.

ResCap sold most of the businesses for a combined $4.5 billion.

The Bankruptcy Court in November 2012 approved ResCap's sale of its
mortgage servicing and origination platform assets to Ocwen Loan
Servicing, LLC and Walter Investment Management Corporation for $3
billion; and its portfolio of roughly 50,000 whole loans to
Berkshire Hathaway for $1.5 billion.

Judge Martin Glenn in December 2013 confirmed the Joint Chapter 11
Plan co-proposed by Residential Capital and the Official Committee
of Unsecured Creditors.

                      *     *     *

The ResCap Liquidating Trust was established in December 2013 under
the Second Amended Joint Chapter 11 Plan of Residential Capital,
LLC, et al., to liquidate and distribute assets of the debtors in
the ResCap bankruptcy case.  The Trust maintains a website at
www.rescapliquidatingtrust.com, which Unitholders are urged to
consult, where Unitholders may obtain information concerning the
Trust, including current developments.


RFI MANAGEMENT: Seeks to Hire Parry Tyndall as Legal Counsel
------------------------------------------------------------
RFI Management, Inc. seeks approval from the U.S. Bankruptcy Court
for the Middle District of North Carolina to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire Parry Tyndall White to provide these
services:

     (a) give legal advice regarding its duties and powers;

     (b) assist in the operation of the Debtor's business,
         including an evaluation of the desirability to continue
         the business, how the business could be restructured to
         generate cash for its operation and the funding of a
         Chapter 11 plan;

     (c) assist in the preparation and filing of a bankruptcy plan

         and other legal papers;

     (d) assist in analyzing the conduct of the Debtor's affairs
         and the causes of insolvency;

     (e) advise the Debtor with regard to communications with
         creditors; and

     (f) prepare, review or analyze all applications, orders,
         statements of operations, and schedules filed with the
         court by the Debtor or other third parties.

James White, Esq., disclosed in a court filing that he does not
hold or represent any interest adverse to the Debtor, its
bankruptcy estate or creditors.

The firm can be reached through:

     James C. White, Esq.
     Parry Tyndall White
     The Europa Center
     100 Europa Drive, Suite 401
     Chapel Hill, NC 27517
     Phone: (919) 246 4676
     Fax: 919-246-9113
     Email: jwhite@ptwfirm.com

                    About RFI Management Inc.

Based in Durham, North Carolina, RFI Management, Inc. sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. M.D.N.C.
Case No. 17-80247) on March 29, 2017.  The case is assigned to
Judge Benjamin A. Kahn.

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


ROBAROSA CORPORATION: Involuntary Chapter 11 Case Summary
---------------------------------------------------------
Alleged Debtor: Robarosa Corporation
                4381 Highway 377
                Aubrey, TX 75227

Case Number: 17-40694

Business Description: Unavailable

Involuntary Chapter 11 Petition Date: April 3, 2017

Court: United States Bankruptcy Court
       Eastern District of Texas (Sherman)

Judge: Hon. Brenda T. Rhoades

Petitioner's Counsel: James P. Moon, Esq.
                      KAPLAN & MOON, PLLC
                      3102 Maple Ave., Suite 200
                      Dallas, TX 75201
                      Tel: 214-522-4900
                      Fax: 800-930-7112
                      E-mail: jpmpllc@gmail.com


   Petitioner               Nature of Claim    Claim Amount
   ----------               ---------------    ------------
15th Street Funding LLC      Secured Claim        $42,038
c/o Logan D. Garrett
601 Meadow Lark Drive
Ovilla, TX 75154

Rhiannon Group LLC          Unsecured Claim       $40,000
504 State Hwy. 342, Ste. B
Red Oak, TX 75154
800-214-0639

James P. Moon PLLC          Unsecured Claim       $11,243
c/o James P. Moon
504 State Highway 342
Suite B
Red Oak, TX 75154
Tel: 800-214-0639

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

         http://bankrupt.com/misc/txeb17-40694.pdf


ROBINSON OUTDOOR: Seeks Authorization on Cash Collateral Use
------------------------------------------------------------
Robinson Outdoor Products, LLC, seeks authorization from the U.S.
Bankruptcy Court for the District of Minnesota to use its cash
collateral.

The Debtor intends to use cash collateral to pay critical
expenditures for the next four weeks, which include payrolls,
inventory, insurances, supplies, and utilities.

The Debtor identifies its pre-bankruptcy assets consisting of cash,
accounts receivable, office equipment, industrial equipment, and
inventory.  The Debtor's pre-bankruptcy assets are subject to
security interests by Associated Bank, N.A. and Expeditors
International of Washington, Inc.

The Debtor believes, however, that only Associated Bank has a
security interest in the Debtor's cash collateral.  As such, the
Debtor proposes to grant a replacement lien to Associated Bank,
which replacement liens would have the same priority, dignity and
effect as the prepetition liens held by said creditor.

A final hearing on the Debtor's Motion for Use of Cash Collateral
and for Adequate Protection is set for April 25, 2017 at 1:30 p.m.
Any response to the Debtor's Motion will be filed and served not
later than April 20, 2017.

A full-text copy of the Debtor's Motion, dated March 28, 2017, is
available at https://is.gd/fV5vDE

Associated Bank can be reached through:

          Alison K. Tregilas, Sr. VP
          45 S 7th St #2900
          Minneapolis MN 55402
          E-mail: Alison.tregilgas@associatedbank.com

              About Robinson Outdoor Products

Based in Robinson Cannon Falls, Minnesota, Outdoor Products, LLC --
http://www.robinsonoutdoors.com/-- designs and produces hunting
apparel for hunters.

Robinson Outdoor Products filed a Chapter 11 petition (Bankr. D.
Minn. Case No. 17-30904), on March 28, 2017.  The petition was
signed by Scott Shultz, president. The case is assigned to Judge
William J Fisher.  Yvonne R. Doose, Esq. and Steven B Nosek, Esq.
at Steven B Nosek, P.A., are serving as counsel to the Debtor.  At
the time of filing, the Debtor estimated less than $50,000 in
assets and $1 million to $10 million in liabilities.


ROCKHURST UNIVERSITY: S&P Lowers Rating on Revenue Bonds to 'BB+'
-----------------------------------------------------------------
S&P Global Ratings lowered its long-term rating to 'BB+' from
'BBB-' on Missouri Health & Educational Facilities Authority's
revenue bonds, issued for Rockhurst University (RU).  The outlook
is stable.

"We lowered the rating in part based on the Not-for-Profit Public
and Private Colleges and Universities methodology, published on
Jan. 6, 2016, on RatingsDirect, as well as on the continued
declines in operating margins and available resource measures,"
said S&P Global Ratings credit analyst Mary Ellen Wriedt.

"We assessed RU's enterprise profile as strong, characterized by
its small enrollment, its comprehensive mix of programs, its
above-average student quality, and its current violation of its
debt service coverage covenant.  We assessed its financial profile
as vulnerable, highlighted by its slim operating performance and
high concentration in student-driven revenues, combined with very
slim available resources for the rating.  Combined, we believe
these credit factors lead to an indicative standalone credit
profile of 'bb+' and a long-term rating of 'BB+.'  Although the
covenant violation is not considered an event of default and
management is actively addressing the findings made by the
management consultant, we believe the rating is constrained at the
current level until this matter is resolved and sustained violation
of this or other covenants and requirements could result in a lower
rating over time," S&P said.

The stable outlook reflects S&P's expectation that Rockhurst will
make strides toward stabilizing enrollment, achieve positive
operating results, and consistently be in compliance with all
financial covenants and requirements.  S&P would view favorably an
ability to strengthen available resources over time.  S&P believes
the university's rating is constrained at the current level until
the university is able to consistently meet its financial
covenants.

S&P could consider a positive rating action if the school
successfully and consistently meets its financial covenants,
returns to break-even operating performance, and improves available
resource measures to levels more consistent with a higher rating.

S&P could consider a negative outlook or rating action if financial
resources and operating margins continue to decline, the
university's enrollment and demand profile weaken significantly, or
the university issues additional debt.



ROKA BIOSCIENCE: PWC LLP Raises Going Concern Doubt
---------------------------------------------------
Roka Bioscience, Inc., filed with the U.S. Securities and Exchange
Commission its annual report on Form 10-K, disclosing a net loss of
$30.79 million on $7.24 million of revenue for the year ended
December 31, 2016, compared to a net loss of $36.60 million on
$5.98 million of revenue for the year ended December 31, 2015.

PricewaterhouseCoopers LLP states that the management has concluded
that substantial doubt exists about its ability to continue as a
going concern as a result of recurring losses from operations.

The Company has limited capital resources and has experienced
negative cash flows from operations and has incurred net losses
since inception.  The Company expects to continue to experience
negative cash flows from operations and incur net losses in the
near term as it devotes substantially all of its efforts on
commercialization of its products and continued product
development.  The Company's business is subject to significant
risks and its ability to successfully develop, manufacture and
commercialize proprietary products is dependent upon many factors
which include, but are not limited to, risks and uncertainties
associated with the supply of molecular diagnostic instruments
("Atlas instruments") and materials, product development,
manufacturing scale-up, attracting and retaining key personnel,
customer acceptance as well as competition.  The Company will need
to raise additional capital through the sale of equity and/or debt
securities in the future.  There is no assurance that the Company
will be able to raise needed capital under acceptable terms, if at
all.  The sale of additional equity may dilute existing
shareholders and newly issued shares may contain senior rights and
preferences compared to currently outstanding preferred and common
stock.  Issued debt securities may contain covenants and limit the
Company's ability to pay dividends or make other distributions to
stockholders.  In addition, the Company's debt agreement contains
certain clauses which allow the lender to require repayment of the
debt based on subjective factors regarding the Company's business
and performance if considered a material adverse change by the
lender.

The Company's balance sheet at December 31, 2016, showed total
assets of $61.84 million, total liabilities of $24.95 million, and
a stockholders' equity of $36.88 million.

A full-text copy of the Company's Form 10-K is available at:
                
                   http://bit.ly/2oub5Lm

                   About Roka Bioscience

Roka Bioscience, Inc., sells tests to detect foodborne pathogens to
large-scale food testers such as food manufacturers and commercial
testing labs.  Roka's tests can only be run on its standalone,
single purpose platform.





ROSETTA GENOMICS: Says Liquidity Sufficient Until 3rd Quarter
-------------------------------------------------------------
Rosetta Genomics Ltd. filed with the Securities and Exchange
Commission its annual report on Form 20-F disclosing a net loss of
US$16.23 million on US$9.23 million of total revenues for the year
ended Dec. 31, 2016, compared to a net loss of US$17.34 million on
US$8.26 million of total revenues for the year ended Dec. 31,
2015.

As of Dec. 31, 2016, Rosetta had US$11.96 million in total assets,
US$7.54 million in total liabilities and $4.41 million in total
shareholders' equity.

The Company has incurred an accumulated deficit of approximately
$156,503,000 since inception, and incurred recurring operating
losses and negative cash flows from operating activities in each of
the three years in the period ended Dec. 31, 2016.

During the year ended Dec. 31, 2016 the Company incurred operating
losses and negative cash flow from operating activities amounting
to $15,664,000 and $10,367,000 respectively.  The Company will be
required to obtain additional liquidity resources in the near term
in order to support the commercialization of its products and
maintain its research and development activities.

According to management estimates, liquidity resources as of
Dec. 31, 2016, will be sufficient to maintain the Company's
operations into the third quarter of 2017.  The Company's inability
to raise funds to carry out its business plan will have a severe
negative impact on its ability to remain a viable company.

Kost Forer Gabby & Kasierer, a member of Ernst & Young Global, in
Tel-Aviv, Israel, issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2016,
citing that the Company has recurring losses from operations and
has limited liquidity resources that raise substantial doubt about
its ability to continue as a going concern.

A full-text copy of the Form 20-F is available for free at:

                      https://is.gd/9Jzkha

                     About Rosetta Genomics

Based in Rehovot, Israel, Rosetta Genomics Ltd. is seeking to
develop and commercialize new diagnostic tests based on a recently
discovered group of genes known as microRNAs.  MicroRNAs are
naturally expressed, or produced, using instructions encoded in
DNA and are believed to play an important role in normal function
and in various pathologies.  The Company has established a CLIA-
certified laboratory in Philadelphia, which enables the Company to
develop, validate and commercialize its own diagnostic tests
applying its microRNA technology.


RXI PHARMACEUTICALS: Discusses Therapeutic Potential of sd-rxRNA
----------------------------------------------------------------
Representatives of RXi Pharmaceuticals Corporation participated in
the 2nd Annual Oligonucleotide and Peptide Therapeutics Conference
in Cambridge, Massachusetts on March 27-29, 2017.  The three-day
conference drew leading developers and technology providers to
present and discuss next-generation oligonucleotide and peptide
therapies.

On March 29, 2017, Chief Business Officer Alexey Eliseev, PhD, gave
a presentation demonstrating the therapeutic potential of the
Company's propriety self-delivering RNAi (sd-rxRNA) technology.  A
copy of the presentation used during the conference is available
for free at https://is.gd/xh3iHW

                         About RXi

RXi Pharmaceuticals Corporation, a biotechnology company, focuses
on discovering and developing therapies primarily in the areas of
dermatology and ophthalmology.  The company develops therapies
based on siRNA technology and immunotherapy agents.  Its clinical
development programs include RXI-109, a self-delivering RNAi
compound, which is in Phase IIa clinical trial that is used to
prevent or reduce dermal scarring following surgery or trauma, as
well as for the management of hypertrophic scars and keloids; and
Samcyprone, an immunomodulation agent, which is in Phase IIa
clinical trial for the treatment of various disorders, such as
alopecia areata, warts, and cutaneous metastases of melanoma.  The
company's preclinical program includes the development of products
for ocular indications with RXI-109, including retinal and corneal
scarring.  Its discovery stage development programs include a
dermatology franchise for the discovery of collagenase and
tyrosinase targets for its RNAi platform; and ophthalmology
franchise, a program for the discovery of sd-rxRNA compounds for
oncology indications, including retinoblastoma.  The company was
incorporated in 2011 and is headquartered in Marlborough, Mass.

RXi reported a net loss of $10.22 million in 2015 following a net
loss of $8.80 million in 2014.  As of Sept. 30, 2016, RXi
Pharmaceuticals had $4.90 million in total assets, $1.86 million in
total liabilities and $3.03 million in total stockholders' equity.

"The Company has limited cash resources, has reported recurring
losses from operations since inception and has not yet received
revenues from sales of products.  These factors raise substantial
doubt regarding the Company's ability to continue as a going
concern, and the Company's current cash resources may not provide
sufficient capital to fund operations for at least the next twelve
months.  Historically, the Company's primary source of financing
has been through the sale of its securities.  The continuation of
the Company as a going concern depends upon the Company's ability
to raise additional capital through an equity offering, debt
offering or strategic opportunity to fund its operations.  There
can be no assurance that the Company will be successful in
accomplishing these plans in order to continue as a going concern,"
the Company stated in its quarterly report for the period ended
Sept. 30, 2016.


SABBATICAL INC: Bid to Appoint Chapter 11 Trustee Granted
---------------------------------------------------------
Judge Frank W. Volk of the United States Bankruptcy Court for the
United States Bankruptcy Court for the Southern District of West
Virginia granted the United States Trustee's motion to appoint a
Chapter 11 Trustee in Sabbatical, Inc.'s Chapter 11 case.

The judge also ordered that the case will be jointly administered
with the other Dennis Johnson cases, with the lead case captioned
at 3:16-bk-30227.

Sabbatical, Inc., filed its voluntary Chapter 11 Petition on May
18, 2016.  Sabbatical's President is Dennis Ray Johnson, II.
Sabbatical operates as part of a coal enterprise, along with
several related business entities with which Mr. Johnson is
affiliated.  These other entities are likewise in bankruptcy,
having either been the subject of a voluntarily petition or
targeted for involuntary relief by affected creditors.  Mr. Johnson
also filed a Chapter 11 petition on May 9, 2016.  Mr. Johnson's
individual case, along with the coal enterprise cases, are jointly
administered.  Chapter 11 Trustee Thomas Fluharty was appointed to
steer their course.

Prior to filing, Sabbatical, along with other related coal
enterprise entities, had been involved in state court litigation in
Cabell County where the Circuit Court orally appointed a special
receiver for Sabbatical, as well as several other entities.  The
United States Trustee asserted that Sabbatical's Chapter 11 filing
was accomplished to frustrate the receiver appointment.  In May
2016, however, the Circuit Court entered an order that omitted
Sabbatical from receivership coverage.  

On July 1, 2016, Sabbatical moved to voluntarily dismiss its
bankruptcy petition.  Sabbatical asserted that the case no longer
satisfies a bankruptcy purpose and its creditors would be better
served if the case were dismissed, especially since it could
continue to pay its creditors' claims as they came due.

The United States Trustee, on the other hand, requested appointment
of a Chapter 11 Trustee under 11 U.S.C. section 1104(a)(1) and (2).
A motion to appoint a Trustee was also filed by an interested
party, People's Bank.

Judge Volk found that Mr. Johnson, the admitted "controller" of
Sabbatical, has diminished credibility.  The judge was unconvinced
that Mr. Johnson and Sabbatical will fulfill the duty of candor.

Judge Volk was also uncertain that lenders will eagerly transact
with Mr. Johnson, especially given the frequency with which
collateral is sold within the companies and physically relocated to
different sites.  Additionally, the judge stated that if Mr.
Johnson was permitted to accomplish sales and transfers using
Sabbatical, without Court approval but while in bankruptcy, chaos
will follow.  Judge Volk was also unable to conclude that
Sabbatical has its best chance outside of bankruptcy.

While Judge Volk acknowledged that it will be difficult for
Sabbatical to negotiate new contracts while in bankruptcy, the
judge deduced that Sabbatical's bankruptcy will not cause it to
lose significant profits because Sabbatical retains a lucrative
agreement with Carbon Partners.

Judge Volk also found that while Mr. Johnson asserts that
Sabbatical is entirely separate and distinct from the rest of the
coal enterprises, the record indicates otherwise.  The judge found
that because of intercompany transfers, Mr. Johnson has ensured
that the fate of the other coal enterprise companies is tied
inextricably with that of Sabbatical.  Thus, the judge concluded it
is in the best interests of Sabbatical to continue operating with
the other coal enterprise entities and to be administered by the
same Trustee handling those cases.

In summary, Judge Volk found and concluded by clear and convincing
evidence that appointment of a Chapter 11 Trustee for Sabbatical is
both necessary and proper.

Sabbatical's motion to voluntarily dismiss its bankruptcy petition
was denied.  People's Bank's motion to appoint a trustee was also
denied without prejudice as moot.

A full-text copy of Judge Volk's March 24, 2017 memorandum opinion
and order is available at:

     http://bankrupt.com/misc/wvsb16-bk-30247-131.pdf

                About Sabbatical Inc.

Sabbatical, Inc. sought protection under Chapter 11 of the
Bankruptcy Code in the Southern District of West Virginia
(Huntington) (Case No. 16-30247) on May 18, 2016. The petition was
signed by Dennis Johnson, president. The case is assigned to Judge
Frank W. Volk. The Debtor estimated both assets and liabilities in
the range of $1 million to $10 million.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Sabbatical, Inc., as of Dec.
2,
according to a court docket.


SAGINAW PREPARATORY: S&P Lowers 2012 School Bonds Rating to 'BB+'
-----------------------------------------------------------------
S&P Global Ratings lowered its rating to 'BB+' from 'BBB-' on
Michigan Finance Authority's series 2012 public school academy
revenue bonds issued for Saginaw Preparatory Academy (SPA).  The
outlook is negative.

"The lower rating and negative outlook reflect our view of SPA's
deficit operations in fiscal 2016, which contributed to debt
service coverage that fell below 1.00x and a potential coverage
covenant violation," said S&P Global Ratings credit analyst Robert
Tu.  "The lowered rating is further based on the U.S.
Not-for-Profit Charter School methodology, published on Jan. 3,
2017, and on our view of the school's weakened credit
characteristics,"
Mr. Tu added.

S&P understands, according to bond documents, that such a violation
could be declared an event of default with resulting acceleration,
by a majority of bondholders, though no action has been taken at
this time.  Additionally, the school is operating near capacity and
is small in size, which limits its future enrollment growth
potential and revenue flexibility, which S&P views as a credit
risk.

SPA is a pre-kindergarten through eighth-grade (K-8) charter school
in Saginaw.  SPA began operations in 1997-1998 and served 408
students as of fall 2016.  The mission of the academy is to prepare
students for academic excellence and responsible citizenship.


SAM BASS: Iron Horse to Auction Artwork, Guitars on May 3
---------------------------------------------------------
The Sam Bass Collection will be offered at Public Auction on
Wednesday, May 3, 2017.

Mr. Sam Bass is the first Officially Licensed artist of NASCAR and
has amassed a huge collection of Original Sam Bass Artwork, Custom
Gibson Guitars, Amplifiers, and Stock Car memorabilia over his
illustrious 30+year career, which will be offered to the public for
the first time.

The firm of Iron Horse Auction Company, Inc., has been ordered by,
The U.S. Bankruptcy Court for the Middle District of North
Carolina, Winston-Salem Division, Case 16-51021, to conduct this
historic auction event.

Offered in this auction are more than 250 Pieces of Original Sam
Bass Artwork with Certificates of Authenticity.  Also available are
85 Custom Guitars -- many designed by Mr. Bass -- including one
used as a prop for the film "Talladega Nights".  Custom Guitars
autographed by The Rolling Stones, B.B. King, and ZZ Top, guitar
amplifiers of many vintages will be offered.  Stock Car hoods and
vehicle pieces autographed by Dale Earnhardt Sr., Dale Earnhardt
Jr., Jeff Gordon and Jimmie Johnson are also available for
bidding.

Tom McInnis of Iron Horse states: "This auction represents the
history of NASCAR through the eyes of one the world's greatest
artists.  I strongly suggest those with interest in NASCAR to
participate in this important event."

Chris J Crawford of Iron Horse states: "The Sam Bass Collection
represents the great history of NASCAR and the colorful
personalities of its drivers in beautiful fine artworks and custom
guitars.  There will never be another opportunity for collectors to
purchase this much Sam Bass original artwork available in one place
at one time."

The auction will be held Live at 10 AM on Wednesday May 3, 2017 at
the Cabarrus Arena in Concord, North Carolina.  Simulcast-internet
bidding will also be available with online pre-bidding beginning
April 25.

For complete information call 800.997.2248 or go to
ironhorseauction.com

For interviews or information contact:

     Tom McInnis at 910.997.1555, tom@ironhorseauction.com
     Chris J Crawford at 919.935.1974,
ccrawford@ironhorseauction.com
     Iron Horse Auction Company, Inc.
     174 Airport Road, Rockingham, NC 28379
     Office: 910.997.2248

                 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 less than $50,000 and liabilities at
$100,000 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.  The Debtor tapped Iron Horse Auction Co., Inc. to
auction personal property.

No Official Committee of Unsecured Creditors has been appointed in
the Chapter 11 case.


SEANIEMAC INTERNATIONAL: Shane O'Driscoll Resigns as Director
-------------------------------------------------------------
In the current report on Form 8-K filed with the Securities and
Exchange Commission on March 27, 2017, Seaniemac International,
Ltd., disclosed that Shane O'Driscoll, a director, resigned from
his position as a Director of the Company due to personal reasons.

Mr. O'Driscoll did not resign due to any disagreement with the
Company, including any disagreement related to the Company's
operations, practices or policies.  Mr. O'Driscoll's departure is
unrelated in any manner to any past, present or contemplated
accounting or finance issue or to any disagreement over accounting
treatment or policy.

                      About Seaniemac

Based in Huntington, N.Y., Seaniemac International, Ltd., is
engaged in maintaining a Website for online gambling, including
sports betting and casino gaming in Ireland under the brand name,
Seaniemac.com.  The Company utilizes a third-party white-label
online gaming Web site provider to develop and operate its branded
Website, http://www.apollobet.com/, operations, sports book
trading, Website hosting, payment solutions, security and first
line support of gaming related questions.

Seaniemac reported a net loss of $3.73 million for the year ended
Dec. 31, 2015, following a net loss of $2.85 million for the year
ended Dec. 31, 2014.  As of Sept. 30, 2016, Seaniemac had $1.70
million in total assets, $11.96 million in total liabilities, all
current, and a total deficit of $10.25 million.

RBSM LLP, in New York, issued a "going concern" qualification on
the consolidated financial statements for the year ended Dec. 31,
2015, citing that Company has suffered recurring losses from
operations and has an accumulated deficit and working capital
deficit as of Dec. 31, 2015, which raises substantial doubt about
its ability to continue as a going concern.


SEQUA CORP: Fitch Assigns 'B-' LT Issuer Default Rating
-------------------------------------------------------
Fitch Ratings has assigned Sequa Corporation (SQA) a 'B-' long-term
Issuer Default Rating (IDR). Fitch has also assigned 'B/RR3'
long-term ratings to the company's new 1st lien senior secured
revolver, term loan and notes, and a 'CCC/RR6' rating to SQA's new
2nd lien senior secured term loan. The Rating Outlook is Stable.

The ratings are based on Fitch's expectation that SQA will complete
its proposed recapitalization as planned, including the conversion
of currently outstanding senior unsecured notes into preferred
shares which will not be considered debt under Fitch's 'Criteria
for Rating Non-Financial Corporates,' published March 10, 2017. The
recapitalization plan also includes the refinancing of the existing
credit facilities and the injection of $190 million of new cash
equity into the company. The recapitalization will push out debt
maturities, providing the company time to focus on completing its
restructuring plan, although significant risks remain.

KEY RATING DRIVERS

The company's 'B-' rating is supported by Sequa's ongoing cost
cutting and restructuring initiatives; anticipated financial and
operational improvements at the Chromalloy segment; the Precoat
segment's leading market position; and the company's experienced
management team. Other factors supporting the rating include the
technology incorporated into Chromalloy's products; the support of
the main equity holder, The Carlyle Group; the currently healthy
commercial aviation market; the outlook for rising defense
expenditures in the U.S. and other parts of the world; and large
net operating losses that will shield cash tax payments over the
rating horizon.

Rating concerns includes Sequa's limited financial flexibility;
moderate execution risk; high degree of competition at Chromalloy;
and the cyclicality of both the aerospace and construction
industries, which contributes to Sequa's sensitivity to economic
downturns. Other key risks to the rating include continued pressure
in the commercial aviation aftermarket business from OEMs and other
players, most of which are larger than Chromalloy; other trends in
the aftermarket business such as 3D printing and data analytics,
both of which create uncertainty about the future structure of the
business; inventory risk; and customer concentration and contract
exposure.

Fitch expects that the company's 2017 gross leverage (Debt/EBITDA)
will be approximately 6.9x (pro forma for the recapitalization) at
year-end but will trend to below 6.0x by the end of 2019 due
predominantly to EBITDA improvement, the senior 1st lien secured
credit facility's cash flow sweep provision, and term loan
amortization. Fitch expects Sequa's FFO Fixed Coverage ratio will
fluctuate between 1.5x and 2.0x through the end of 2019. Fitch also
expects the company's FFO Adjusted Leverage could remain above 7.0x
temporarily during 2017 but will decline to below 6.0x by the end
of 2019. Fitch considers the company's outstanding balance under
its accounts receivable securitization facility as debt in its
calculations.

Fitch views Sequa's financial flexibility as limited, with many of
the company's risks captured within the 'B-' rating. In particular,
Fitch believes that the potential loss of one or more significant
contracts, or a cyclical downturn in either of its main end-markets
would further strain SQA's flexibility. Incremental acquisitions
would likely require debt or equity funding, and extended
operational headwinds post-restructuring may require an additional
equity infusion or further restructuring.

The company generates positive cash from operations, predominantly
through its Precoat segment, which is seasonal and cyclical, and
largely driven by the heavy construction market. However, free cash
flow has been negative since 2014, and Fitch does not expect the
company will generate positive free cash flow until 2018.

Fitch's ratings also rest on the expectation that the company will
continue to execute on its objectives over the next two to three
years. This includes continuing its cost reduction plan within its
Chromalloy segment, maintaining a leading position in the coating
market, effectively managing liquidity and capex costs, and
realizing future benefits from its joint ventures (JVs). Although
Fitch believes the company will be able to manage these goals,
there is uncertainty and risk that the company will not be able
execute on each area.

Fitch considers Precoat's top market position to be a leading
positive driver for Sequa's rating. SQA generates the majority of
its operating cash flow and EBITDA through Precoat, despite
challenging market conditions since the recession in 2008-2009. An
increase in infrastructure spending could lead to outperforming
Fitch's conservative segment projections of a 5% top-line CAGR and
relatively unchanged margins between 2017 and 2019.

Fitch believes the company will begin to realize benefits from its
ongoing restructuring and cost cutting initiatives over the next 12
to 18 months. The company's management team has laid out a prudent
program to improve operations and subsequently financial
performance. Fitch considers this to be necessary, given the
company's decline in performance since 2012. The different
initiatives include resolving the issues from its Trac acquisition
at Chromalloy, implementing inventory protection, corporate
realignment to a regional management system versus individual
management, centralized direct material purchasing, footprint
consolidation, headcount reduction, and a shift in customer
targeting. These initiatives should result in sustainable run-rate
savings compared to previous years. In the near term, there will
likely be one-time charges associated with the adjustments,
including severance pay and facility costs. However, Fitch expects
the associated payback period will likely be less than two years.

Fitch believes the company's recapitalization eases its upcoming
maturity burden, while also materially reducing leverage due to the
equitization of the senior unsecured notes and revolver pay down,
in conjunction with EBITDA improvement. Post-recapitalization, SQA
does not have any maturities until its revolving credit facility
matures in 2020. Subsequently, the company's senior 1st lien
secured term loan and bonds are expected to mature in 2021. Fitch
believes this mitigates some of the company's execution risk and
allows time to realize some benefits of the company's restructuring
and cost cutting initiatives.

The U.S. Air Force recently announced that it had awarded the KC-10
Engine Management contract to a subsidiary of Lockheed Martin
(BBB+/Stable). SQA was the incumbent on the contract, which was one
of its largest. While SQA has protested the contract decision,
Fitch believes it is too early to know if the protest will be
allowed or succeed.

Fitch's ratings and forecasts incorporate SQA's loss of the KC-10
contract, which illustrates the credit risks related to SQA's
customer concentration and contract exposure. If SQA is
unsuccessful in its protest, the KC-10 loss will negatively affect
revenues and EBITDA, and it could raise the risk of inventory
losses. The impact of the contract loss is mitigated by the delayed
impact (little effect on 2017 results) and the contract's
relatively low margins. There is also the opportunity for SQA to
recapture a portion of the contract's revenues as a subcontractor
to the new prime.

Recovery Ratings

The Recovery Ratings (RR) and notching in the debt structure
reflect Fitch's recovery expectations under a scenario in which
distressed enterprise value is allocated to the various debt
classes. Sequa's capital structure includes first-lien senior
secured credit facilities and notes, and a second-lien senior
secured term loan. The security for the debt consists of all
tangible and intangible assets of Sequa and its direct and indirect
material wholly owned subsidiaries, including capital stock of
subsidiaries.

As a result of Fitch's estimated post-restructuring enterprise
value, the expected Recovery Rating for the first-lien senior
secured credit facilities and notes is 'RR3', indicating recovery
prospects in the range of 51% to 70%. The second-lien senior
secured term loan is at the 'RR6' level, which reflects an expected
recovery in the 0% to 10% range.

In case of insolvency, Fitch assumes SQA will be restructured and
assesses the going concern EBITDA at approximately $145 million
based on the company's competitive advantage at Precoat, exposure
to cyclical market trends, and SQA's modest contract exposure
contract exposure.

Fitch uses a 5.0x multiple when calculating the enterprise value of
the post-restructured SQA, which is lower than an industry average
post-restructuring multiple of 5.5x, as observed by Fitch. The
lower than the industry average post-restructuring multiple is
driven by the high degree of competition and pressure in the
commercial aftermarket business, particularly from OEMs, as well as
cyclicality in the company's main end-markets. These risks are
somewhat mitigated by Precoat's strong market position and the
technology incorporated into Chromalloy's products.

KEY ASSUMPTIONS

Fitch's key assumptions within its rating case for SQA include:

-- The company experiences modest, single-digit top-line growth
    through 2019, excluding revenue and EBITDA from the KC-10
    contract;

-- EBITDA margins remain relatively steady at Precoat, and
    improve marginally at Chromalloy between 2017 and 2019;

-- The company continues to execute on its planned efficiency and

    cost cutting initiatives through 2019;

-- The company begins to generate modestly positive free cash
    flow in 2018;

-- Sequa does not win the protest for the KC-10 award, but does
    retain a modest amount of residual revenue;

-- Capex remains between 3.5% and 5% of sales, annually, through
    2019;

-- Commercial aviation market remains healthy over the next three

    to four years;

-- The company maintains a leading market position in the coating

    market;

-- The company uses the majority of excess free cash flow to
    repay its senior 1st lien debt;

-- No top or bottom line impact from new JVs before 2020;

-- Sequa pays minimal cash taxes for the next several years;

RATING SENSITIVITIES

Fitch would consider negative rating action if, individually or
collectively, the company's FFO fixed charge coverage ratio falls
below 1.25x for a sustained period; gross leverage increases above
7.5x for a sustained period; the company loses one or more
significant contracts; or cash restructuring costs significantly
impair the company's free cash flow generation over the next 12 to
24 months.

Fitch would consider positive rating action if, individually or
collectively, gross leverage declines below 5.5x for a sustained
period; FFO Fixed Charge Coverage increases above 2.0x for a
sustained period; the company generates positive free cash flow
over a sustained period; or the company successfully executes on
its joint ventures.

LIQUIDITY

Fitch views SQA's pro forma year-end 2017 liquidity as adequate, at
approximately $151 million. The company's liquidity will likely be
comprised of approximately $45 million in readily available cash,
$10 million of availability under its AR securitization facility,
and approximately $96 million of availability under its revolving
credit facility after accounting for letters of credit. In
addition, the company regularly holds a cash balance at foreign
subsidiaries, which it considers to be permanently reinvested. In
its ratings case, Fitch assumes an additional average of $20
million per year to be restricted and held at foreign subsidiaries
for operational purposes. However, in a distressed case Fitch
expects the company would be able to repatriate the cash as needed
due to its balance of net operating losses.

FULL LIST OF RATING ACTIONS

Fitch has assigned the following ratings to Sequa Corporation:

-- Long-term IDR 'B-'
-- Senior 1st lien secured revolver 'B/RR3';
-- Senior 1st lien secured term loan 'B/RR3';
-- Senior 1st lien secured notes 'B/RR3';
-- Senior 2nd lien secured term loan 'CCC/RR6'.

The Rating Outlook is Stable.


SEQUA CORP: Moody's Rates New Sr. Sec. First Lien Debt B3
---------------------------------------------------------
Moody's Investors Service has assigned a B3 rating to Sequa
Corporation's new first lien debt comprised of a $135 million
senior secured revolver, $600 million senior secured term loan and
$300 million senior secured notes. Moody's also assigned a Caa2
rating to the company's new $350 million senior secured second lien
term loan. Proceeds from the new facilities will be used to
refinance existing indebtedness. The proposed recapitalization is
expected to result in a significant reduction of reported debt and
reduced financial leverage. As such, Moody's expects to upgrade the
CFR to Caa1 from Ca and change the outlook to stable and also
withdraw the ratings on existing indebtedness upon close of the
transaction. The existing Ca Corporate Family Rating ("CFR") and
Negative rating outlook are unaffected at this time.

These actions follow the company's recent announcement of its
intent to pursue a recapitalization of its existing capital
structure in order to address looming debt maturities. The
recapitalization is anticipated to result in the exchange of the
company's existing $350 million senior unsecured notes due 2017 for
common equity as well as a new $190 million equity investment from
existing owners and existing noteholders. Moody's believes the
proposed transaction constitutes a distressed exchange and expects
to append an "LD" to the post-transaction PDR to indicate a limited
default upon completion of the bond exchange offer.

RATINGS RATIONALE

The existing Ca rating reflects the company's elevated financial
leverage and looming debt maturity profile with almost $1.7 billion
of debt maturing in 2017. The proposed recapitalization will result
in a significant reduction of debt (reported debt expected to
decline by about $450 million), improved financial flexibility and
a longer-dated capital structure. Moody's expectation of upgrading
the CFR to Caa1 from Ca balances the reduced debt burden that will
result from the pending recapitalization against the still lofty
pro forma leverage levels (Moody's adjusted Debt-to-EBITDA in
excess of 7.0x) and the improving yet still historically weak
operating performance in Sequa's Chromalloy segment.

Sequa's operating performance has strengthened markedly during 2016
with full year sales up 10% and operating income of $14 million as
compared to -$46 million during 2015. Furthermore, on-going
improvements in operating performance appear to bode well for
further strengthening in Sequa's financial profile over the coming
quarters. Nevertheless, following several years of weaker than
expected performance, the company's ability to consistently win new
business and continuously grow earnings, particularly in
OEM-dominated commercial aerospace aftermarkets, remains to be
seen. Other considerations weighing on the rating include the noisy
earnings profile involving multiple, large-sized EBITDA add-backs
and the improving yet still weak financial performance at the Trac
facility and the need for the company to demonstrate its ability to
return this business to previous levels of profitability. The
rating favorably considers Sequa's Precoat segment (40% of sales)
which has a track record of stable operating performance as well as
the company's well-established market position within its niche
engine segment. The rating also recognizes the considerable
barriers to entry in the Chromalloy business resulting from
stringent FAA and OEM approval requirements as well the company's
growing IP portfolio of parts and repairs.

The negative outlook reflects Sequa's tight liquidity profile and
still historically weak operating performance.

Moody's expects Sequa to maintain an adequate liquidity profile
over the next 12 months. Pro forma cash balances are anticipated to
be around $85 million while free cash flow generation is expected
to be flat-to-negative during 2017 on the still weak earnings
profile and elevated capital expenditures and investments. Assuming
Sequa can continue to grow its Chromalloy segment while maintaining
modest growth in Precoat then opportunities for an improving cash
flow profile appear promising and FCF-to-Debt in the low to
mid-single digits seems achievable. That said, Moody's is not
expecting improvements in cash flows to manifest themselves in a
meaningful way over the next two years. External liquidity is
expected to be provided by a $135 million revolving credit facility
and a largely-drawn $75 million A/R facility. The new revolving
credit facility is expected to contain a springing leverage ratio.

The new ratings could be downgraded if Debt-to-EBITDA were expected
to be sustained above 7.5x. A sales or earnings decline in either
of Sequa's Precoat or Chromalloy segments could also result in a
downgrade. A weakening liquidity profile involving an expectation
of negative cash flow generation, tightening financial covenants or
continued reliance on the revolving credit facility could also
result in downward ratings pressure.

The new ratings could be upgraded on improved earnings and cash
flow generation and if Moody's-adjusted Debt-to-EBITDA was expected
to be sustained at or below 6.25x. Any upgrade would be predicated
on Sequa's demonstrated ability to consistently grow its Chromalloy
segment as well as the company maintaining an improving liquidity
profile.

Issuer: Sequa Corporation

The following ratings were assigned:

$135 million senior secured revolver, assigned B3 (LGD3)

$600 million senior secured first lien term loan due 2021, assigned
B3 (LGD3)

$300 million senior secured first lien notes due 2021, assigned B3
(LGD3)

$350 million senior secured second lien term loan due 2022,
assigned Caa2 (LGD5)

Sequa Corporation, headquartered in Palm Beach Gardens, FL, is a
diversified industrial company operating in two business segments:
Aerospace, through Chromalloy Gas Turbine, and metal coating,
through Precoat Metals. Sequa was purchased via a $2.8 billion LBO
by affiliates of Carlyle Partners V, L.P. (Carlyle) in December
2007. Revenues for the twelve months ended December 2016 were $1.4
billion.

The principal methodology used in these ratings was Global
Aerospace and Defense Industry published in April 2014.


SIDEWINDER DRILLING: Moody's Withdraws Ca CFR on Debt Elimination
-----------------------------------------------------------------
Moody's Investors Service has withdrawn all assigned ratings for
Sidewinder Drilling Inc., including the Ca Corporate Family Rating,
following the elimination of all of its rated debt.

Issuer: Sidewinder Drilling Inc.

Ratings Withdrawn:

-- Ca Corporate Family Rating

-- Ca-PD Probability of Default Rating

-- C (LGD5) Senior Unsecured Regular Bond/Debenture

-- Negative rating outlook

RATINGS RATIONALE

Sidewinder' Senior Unsecured Bonds were eliminated effective
February 15, 2017.

Sidewinder is a privately-owned, North American onshore drilling
company focused on providing contract drilling services to
exploration & production companies targeting unconventional
resource development.


SILVER CREEK INVESTMENTS: Has Final Nod to Use Cash Collateral
--------------------------------------------------------------
Judge Barbara J. Houser of the U.S. Bankruptcy Court for the
Northern District of Texas authorized Silver Creek Investments,
LLC, to use cash collateral on a final basis to continue its
ordinary course of business operations and to maintain the value of
its bankruptcy estate.

The Debtor be and is authorized to collect Cash Collateral in the
form of monthly rent from tenants at the Property from April 1,
2017 until further Order of the Court.

The Debtor's use of Cash Collateral will be limited to payment of
the following expenses of operating the business, including payroll
and related taxes, and the monthly secured obligation to Bank of
DeSoto pursuant to its security documents.  With the exception of
fixed payments, an operating expense payment variance of up to 20%
will be considered to be acceptable with these guidelines:

          Employee/Contractor Compensation: $1,750
          Utilities:                          $795
          Office Expenses and supplies:       $175
          Repairs and Maintenance:          $2,725
          Management fee to Alfred Herron:  $1,000

The Debtor will provide written documentation (ie. receipt,
invoice, etc.) for each operating expense paid with the Cash
Collateral.

The Cash Collateral collected in excess of the amount required to
pay operating expenses described will remain on deposit in the
Debtor's Debtor-in-Possession account until further order of the
Court.

A current tenant, Catfish Floyd's, will continue to pay its monthly
rent in the amount of $1,400 directly to the Bank of DeSoto, NA
every month from April 1, 2017 and until otherwise ordered by the
Court.

A current tenant, Family Dollar, will continue to pay its monthly
rent in the amount of $7,917 directly to the Bank of DeSoto every
month from April 1, 2017 and until otherwise ordered by the Court.

The Debtor will remain liable for making its monthly loan payment
in the total amount of $20,250 each month to Bank of DeSoto.  After
consideration and receipt of the amounts paid by Catfish Floyd's
and Family Dollar as described, the Debtor will pay to Bank of
DeSoto the difference of $10,933 as adequate protection from April
1, 2017 and continuing monthly until further order of the Court.
Each adequate protection payment will be made payable to "Bank of
DeSoto" and mailed to its counsel, Vicki McCarthy, Law Office of
Vicki McCarthy, 114 S. 5th Street, Midlothian, Texas.

The Debtor will make an adequate protection payment of $300 per
month to Texas Mezzanine Fund, Inc. from the Cash Collateral
collected, from April 1, 2017 until further Order of the Court.
Such payment will be made only after payment in full of the monthly
adequate protection payment to Bank of DeSoto is made as provided.

The Debtor will maintain and produce a weekly report for the Bank
of DeSoto, and Texas Mezzanine Fund due each Monday commencing Jan.
30, 2017 and continuing each week until further order of the Court
which will provide the following information: (i) list of income
received per unit that week; (ii) expenses made that week with
supporting documentation attached; and (iii) rent roll update to
show new rentals with contracts, evictions and/or vacancies.

The Debtor will timely pay all fees and charges to the U.S. Trustee
that are required under Chapter 123 of title 28.

A copy of the Final Order is available for free at:

    
http://bankrupt.com/misc/txnb16-34633-11_65_Cash_Silver_Creek_Investments.pdf

                   About Silver Creek Investments

Silver Creek Investments, LLC, filed a Chapter 11 petition (Bankr.
N.D. Tex. Case No. 16-34633) on Dec. 3, 2016.  The petition was
signed by Alfred Herron, managing member.  The case is assigned to
Judge Barbara J. Houser.  The Debtor is represented by Marilyn D.
Garner, Esq., at the Law Office of Marilyn D. Garner, PLLC.  At
the
time of filing, the Debtor had assets and liabilities estimated at
$1 million to $10 million each.


SILVER LINE: Disclosures Approved; May 18 Plan Confirmation Hearing
-------------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Pennsylvania
approved Silver Line, Inc.'s disclosure statement explaining its
chapter 11 plan filed on Feb. 28, 2017.

May 11, 2017, is fixed as the last day for filing written
acceptances or rejections of the plan.

May 11, 2017, is fixed as the last day for filing and serving
written objections to the disclosure statement and confirmation of
the plan.

May 18, 2017, at 9:30 AM prevailing time, is fixed for the hearing
on the final approval of the disclosure statement and for the
hearing on confirmation of the plan.

The Troubled Company Reporter previously reported that the proposed
plan will reorganize and liquidate the Estate of Silver Line, Inc.
The revenues from the Credit Swap agreement are adequate to fully
fund the plan.  After the past due taxes are paid, the Estate of
Silver Line, Inc., will have liquidated and will go out of
existence.

The Disclosure Statement is available at:

        http://bankrupt.com/misc/paeb15-16818-76.pdf  

Silver Line, Inc., a Single Asset Real Estate, filed a Chapter 11
petition (Bank. E.D. Pa. Case No. 15-16818) on Sept. 21, 2015.  The
petition was signed by Richard Viders, president.  The case is
assigned to Judge Richard E. Fehling.  The Debtor disclosed $1.4
million in assets and $430,000 in liabilities.   The Debtor tapped
Michael J. McCrystal, Esq., at McCrystal Law Offices as counsel.


SIXTY SIXTY CONDOMINIUM: May 2 Disclosure Statement Hearing
-----------------------------------------------------------
Judge Robert A. Mark of the U.S. Bankruptcy Court for the Southern
District of Florida will convene a hearing on May 2, 2017, at 2:00
p.m., to consider approval of the disclosure statement filed by
Sixty Sixty Condominium Association, Inc.

The last day for filing and serving objections to the disclosure
statement is April 25, 2017.

As previously reported, under the plan, each holder of an allowed
Class 9 Unsecured Claim will receive a distribution sufficient to
pay the allowed claim 100% of the value of the claim as of the
Petition Date funded by: (i) the Commercial Unit Owners' Capital
Contribution; and (ii) the Residential Unit Owners' Capital
Contributions on the later of the Effective Date; or the Closing
Date.

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

      http://bankrupt.com/misc/flsb16-26187-150.pdf

Sixty Sixty Condominium Association, Inc. filed a Chapter 11
bankruptcy petition (Bankr. S.D. Fla. Case No. 16-26187) on
December 5, 2016, listing $100,000 to $500,000 in total assets,
and $1 million to $10 million in liabilities.  The petition was
signed by Maria Velez, president of the Board of Directors.

The Hon. Robert A Mark presides over the case.  Brett D.
Lieberman, Esq., at Messana, P.A., represents the Debtor as
counsel.  Juda Eskew & Associates, PA serves as the Debtor's
accountant.

Sixty Sixty Condominium is a mixed-use hotel/residential building
located at 6060 Indian Creek Drive in Miami Beach, Florida. It is
a not-for-profit corporation.  It is responsible for, among other
things, the management, operation, and maintenance of the
Condominium's "Common Elements", and other obligations imposed by
state statute.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Sixty Sixty Condominium
Association, Inc. as of March 1, according to a court docket.


SLM CORP: S&P Assigns 'BB+' Rating on $200MM Unsecured Notes
------------------------------------------------------------
S&P Global Ratings said it assigned a 'BB+' rating on SLM Corp.'s
$200 million unsecured notes due 2022.  The rating on the notes is
based on the issuer credit rating on SLM.  Given the size of the
issuance, it does not change our view of the company's funding,
liquidity, or capital.

S&P Global Ratings has a 'BB+' issuer credit rating on SLM and a
stable outlook.  S&P also has a 'BBB-' issuer credit rating on
Sallie Mae Bank, the operating company of SLM.  The rating on
Sallie Mae Bank is based on the company's strong market share in a
growing education market, its good profitability and robust
capital, and its consistent underwriting standards.  The company's
rapid loan growth, narrow focus on private student lending, and
dependence on nontraditional deposits and securitization funding
offset these strengths.

RATINGS LIST

SLM Corp.
Issuer Credit Rating            BB+/Stable/--

New Rating

SLM Corp.
Senior Unsecured
  $200 mil notes due 2022        BB+


SORRENTO THERAPEUTICS: Liquidity Concerns Casts Going Concern Doubt
-------------------------------------------------------------------
Sorrento Therapeutics, Inc., filed with the U.S. Securities and
Exchange Commission its annual report on Form 10-K, disclosing a
net loss of $63.94 million on $1.03 million of total revenues for
the year ended December 31, 2016, compared to a net loss of $50.07
million on $1.53 million of total revenues for the year ended
December 31, 2015.

As of December 31, 2016, the Company had $82.4 million in cash and
cash equivalents attributable in part to the net proceeds received
under the loan and security agreement that the Company and certain
of its domestic subsidiaries (collectively, the "Borrowers")
entered into with Hercules Capital, Inc., on November 23, 2016, as
amended.  As of December 31, 2016, the Company had $50.0 million of
long term debt associated with the Loan Agreement.  The Loan
Agreement contains covenants requiring the Company (i) to achieve
certain fundraising requirements by certain dates, and (ii) to
maintain a minimum amount of unrestricted cash prior to achieving
the corporate and fundraising milestones.  The Company is currently
in compliance with these covenants, and have plans in place to
maintain compliance with these covenants.  To the extent that the
Company is unable to execute on these plans to maintain compliance
with these covenants, or is unable to amend the Loan Agreement to
maintain such compliance then it would be in default under the Loan
Agreement and the outstanding loan balance may be declared
immediately due and payable.  If the outstanding loan balance was
payable in the next 12 months and the Company is unable to secure
additional sources of financing, it would not have enough cash to
fund its operating and capital requirements for the next 12 months.
The Company cannot be certain that additional funding will be
available on acceptable terms, or at all.  These factors raise
substantial doubt about its ability to continue as a going
concern.

The Company's operations have consumed substantial amounts of cash
since inception.  The Company expects to significantly increase its
spending to advance the preclinical and clinical development of its
product candidates and launch and commercialize any product
candidates for which the Company receive regulatory approval,
including building its own commercial organizations to address
certain markets.  The Company will require additional capital for
the further development and commercialization of its product
candidates, as well as to fund the Company's other operating
expenses and capital expenditures.

The Company's balance sheet at December 31, 2016, showed total
assets of $401.59 million, total liabilities of $315.08 million,
and a stockholders' equity of $86.50 million.

A full-text copy of the Company's Form 10-K is available at:
                
                   http://bit.ly/2nKmczu

Sorrento Therapeutics, Inc., is a biopharmaceutical company. The
Company is engaged in the discovery, acquisition, development and
commercialization of drug therapeutics.  Its primary focus is to
transform cancer into a treatable or chronically manageable
disease.  It is also developing therapeutic products for other
indications, including immunology and infectious diseases.


SOTO REEFER: Plan Confirmation Hearing on April 26
--------------------------------------------------
The Hon. Mildred Caban Flores of the U.S. Bankruptcy Court for the
District of Puerto Rico has conditionally approved Soto Reefer
Containers, Inc.'s disclosure statement explaining the Debtor's
plan of reorganization.

A hearing to consider the final approval of the Disclosure
Statement and the confirmation of the Plan will be held on April
26, 2017, at 9:00 a.m.

Objections to the final approval of the Disclosure Statement and
the confirmation of the Plan must be filed on or before 14 days
prior to the date of the hearing on confirmation of the Plan.

Acceptances or rejections of the Plan may be filed in writing by
the holders of all claims on or before 14 days prior to the date of
the hearing on confirmation of the Plan.

Soto Reefer Containers, Inc., filed a Chapter 11 petition (Bankr.
D.P.R. Case No. 16-07602) on Sept. 26, 2016, and is represented by
Rosana Moreno Rodriguez, Esq., at Moreno & Soltero Law Office, LLC.


SOUNDVIEW ELITE: Amended Plan Increases Settlement Amounts
----------------------------------------------------------
Corinne Ball, in her capacity as Chapter 11 Trustee of Soundview
Elite Ltd., et al., filed with the U.S. Bankruptcy Court for the
Southern District of New York an amended disclosure statement with
respect to the Debtor's amended joint plan of liquidation, dated
March 24, 2017.

Under the latest plan, The Designated Debtors' Available Cash,
including the Liquidation Recoveries, will be used first to satisfy
Allowed Administrative Claims, Allowed Priority Tax Claims, Allowed
Secured Claims and Allowed Other Priority Claims, then to make
distributions to Holders of Allowed General Unsecured Claims, and
to be distributed pro rata to Holders of Allowed Investor Tort
Claims. Claims of Insiders and their Affiliates, as well as
Interests, will be subordinated, and no distributions will be made
on account of these Claims and Interests.

The Chapter 11 Trustee believes that the Plan is fair and equitable
to all Holders of Claims and Interests and is in the best interests
of all creditors and stakeholders.

The Chapter 11 Trustee disclosed that he has filed several lawsuits
on behalf of the Debtors.  In the case against Collas Crill, the
total amount of settlement is now $51,471.07.  The previous plan's
total amount of settlement was $45,022.  In the case against Forbes
Hare, the total amount of settlement is now 36,280.91.  The
previous plan's total amount of settlement in this case was
$31,600.

Under the latest plan each, Holder of an Allowed Class 3A, 3B and
3C Claim will receive on or as soon as reasonably practicable after
the Effective Date, and from time to time thereafter, 99% of the
amount of its Allowed Claim from the applicable Designated Debtor's
Available Cash. This class is impaired under the plan.

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

            http://bankrupt.com/misc/nysb13-13098-1368.pdf

                   About SoundView Elite Ltd.

Six mutual funds originally created by Citco Group of Cos.,
including Soundview Elite Ltd., filed petitions for Chapter 11
protection on Sept. 24, 2013, in Manhattan to avoid undergoing
bankruptcy liquidation in the Cayman Islands, where they are
incorporated.

The funds are Soundview Elite (Bankr. S.D.N.Y. Case No. 13-13098)
Soundview Premium, Ltd. (Case No. 13-13099); Soundview Star Ltd.
(Case No. 13-13101); Elite Designated (Case No. 13-13102); Premium
Designated (Case No. 13-13103); and Star Designated (Case No.
13-13104).  The petitions were signed by Floyd Saunders as
corporate secretary.  By order dated Oct. 16, 2013, the Court
directed that the Debtors' bankruptcy cases be procedurally
consolidated and jointly administered.

SoundView Elite Ltd. and two similarly named funds were the target
of a winding-up petitions in the Cayman Islands filed in August by
Citco, which had sold its interest in the funds' manager years
before.  An investor, who was removed from the funds' board in
June, filed a different winding-up petition in August, aimed at
three funds created later to hold illiquid assets.

The Debtor disclosed $20,703,641 in assets and $16,402,671 in
liabilities as of the Chapter 11 filing.  The funds said in a
court filing their total cash assets of about $20 million are held
in the U.S., where the funds are managed.  Court papers list the
funds' total assets as $52.8 million, against debt totaling $28
million.

Judge Robert E. Gerber presides over the U.S. cases.

Warren J. Martin, Jr., Esq., Mark J. Politan, Esq., Terri Jane
Freedman, Esq., and Rachel A. Segall, Esq., at Porzio, Bromberg &
Newman, PC, serve as the Debtors' counsel.  CohnReznick LLP serves
as financial advisor.

Peter Anderson and Matthew Wright, as Joint Official Liquidators
of the Debtors, are represented in the U.S. proceedings by John A.
Pintarelli, Esq., James J. Beha, II, Esq., William H. Hildbold,
Esq., at Morrison & Foerster LLP.

The U.S. Trustee solicited for the formation of an official
committee of unsecured creditors, but to date one has not been
formed.

In April 2014, District Judge J. Paul Oetken affirmed the
Bankruptcy Court order appointing a Chapter 11 trustee for
SoundView Elite Ltd. and its affiliated debtors, and tossed pro se
appeals filed by Alphonse Fletcher, Jr., and George E. Ladner, the
sole directors of the mutual funds.

Stephen Pearson, Esq., at Jones Day serves as counsel for Corinne
Ball, the Chapter 11 Trustee.


SQUARETWO FINANCIAL: Hires Ernst & Young as Tax Advisor
-------------------------------------------------------
SquareTwo Financial Services Corporation, et al. seek authorization
from the U.S. Bankruptcy Court for the Southern District of New
York to employ Ernst & Young LLP as tax advisor, nunc pro tunc to
the March 19, 2017 petition date.

The Debtors require Ernst & Young to provide these services:

A. Tax Analysis of Debt Restructuring Transaction

    -- 2016 Taxable Income Calculation and Dec. 31, 2016 Tax Basis

       Balance Sheet:

       - EY LLP will prepare an estimated taxable income
         calculation for SquareTwo Financial Corporation and its
         subsidiaries for U.S. federal income tax purposes for the

         2016 tax year, based on best available information as
         provided by SquareTwo Financial Corporation; and
     
       - EY LLP will prepare a tax basis balance sheet as of
         December 31, 2016 based on the tax return balances as
         filed for 2015 and the estimated taxable income
         calculation for 2016.

    -- Transaction Cost Analysis: EY LLP will perform an analysis
       of certain costs and expenses incurred in connection with
       the Debtors' 2016 debt exchange transactions and the merger

       of CA Holding, Inc. with and into SquareTwo Financial
       Corporation.

    -- Updated Tax Attribute Reduction Model:

       - EY LLP will continue to advise the Debtors' personnel in
         developing an understanding of the tax issues and options

         related to the Debtors' 2016 debt restructuring
         transactions, taking into account each Debtor's specific
         facts and circumstances for U.S. federal income tax
         purposes.

       - EY LLP will prepare an updated model, taking into account

         current tax and financial data, that is intended to
         assist the Debtors to determine the applicable U.S.
         federal income tax treatment of such items related to the

         subject transactions.

    -- Foreign Tax Credit Calculations: EY LLP will analyze the
       Debtors' U.S. tax returns from 2013, 2014 and 2015 where
       certain foreign tax credits were originally generated and
       make the necessary calculations of foreign source income,
       foreign source deductions, overall domestic loss, overall
       foreign loss, etc. as necessary.

B. Routine On-Call Tax Advisory Services

    -- EY LLP will provide routine tax advice and assistance
       concerning issues as requested by the Debtors when such
       projects are not covered by a separate Engagement Letter.

    -- EY LLP will assist with tax issues by answering isolated
       questions, drafting memoranda describing how specific tax
       rules work, assisting with general transactional issues and

       assisting the Debtors with their dealings with tax  
       authorities.

C. 2016 Tax Compliance Services

    -- EY LLP will prepare the U.S. federal income tax return,
       Form 1120, for SquareTwo Financial Corporation on behalf of

       itself and its affiliated entities listed in the Engagement

       Letters for the year ended December 31, 2016. EY LLP will
       also prepare the state and local income and franchise tax
       returns for those jurisdictions listed in the Engagement
       Letters.

    -- The specific services EY LLP will provide in its 2016 tax
        compliance services include:

       - Estimated tax payment computations, if required;

       - Extension requests;

       - Federal tax depreciation calculations (Regular,
         Alternative Minimum Tax, Adjusted Current Earnings) as
         well as gain/loss on disposals of fixed assets;

       - State tax depreciation calculations;

       - Federal Form 5471, Information Return of U.S. Persons
         With Respect to Certain Foreign Corporations; and

       - Federal Form 1118, Foreign Tax Credit-Corporations.

D. 2016 Canada Short Period Tax Compliance

    -- EY LLP will prepare the 2016 Canada tax returns for the
       short period dated May 25, 2016 to December 31, 2016, Form
       NR4("Statement of amounts paid or credited to non-residents

       of Canada"), and NR4 Summary ("Return of amounts paid or    
    
       credited to Non-Residents of Canada.") for the entities
       listed below.

       - Preferred Credit Resources Limited;

       - Metropolitan Legal Administration Services, Inc.;

       - CCL Financial Inc.; and

       - Square Two Financial Canada Corporation.

The Debtors have agreed to pay EY LLP the compensation as set forth
in the Engagement Letters, which is summarized as follows:

A. Tax Analysis of Debt Restructuring Transaction

    EY LLP's fees will be based on the time that EY LLP's
    professionals spend performing services, as adjusted annually
    on July 1 while such services are being performed. EY LLP
    estimates the fees for each work stream as set forth below.
    Additional work or out-of-scope services may result in fees
    above the estimated ranges.

    Work Stream                            Estimated Fee

    2016 Taxable Income Calculation and  
    12/31/2016 Tax Basis Balance Sheet     $45,000

    Transaction Cost Analysis              $30,000 for Phase I

    Tax Attribute Reduction                $50,000

    Foreign Tax Credit Calculations        $30,000

B. Routine On-Call Advisory Services

    EY LLP's fees will be based on the time that EY LLP's
    professionals spend performing services, as adjusted annually
    on July 1 while such services are being performed. The current

    hourly rates, by level of professional, are as follows:

           Partner                  $828

           Executive Director       $757

           Senior Manager           $716
    
           Manager                  $604
    
           Senior                   $493

           Staff                    $300

C. 2016 Tax Compliance Services

    - EY LLP will charge a fee of $133,900 for the 2016 tax
      compliance services, provided that it timely receives all
      information necessary for the completion of the returns.

    - Invoices for the returns will be sent and payable as
      follows:

                           Payment Due        Amount
                           
      First progress bill  April 30, 2017     $65,000

      Second progress bill June 15, 2017      $45,500

      Final bill           August 15, 2017    $23,400

    - Any additional state returns that need to be prepared by EY
      LLP and are not included in the Engagement Letters will be
      billed at a fee of $900 per state return. Estimated tax
      payment calculations and forms will be billed at $2,500 per
      quarter, if required.

D. 2016 Canada Short Period Tax Compliance

    -- EY LLP will charge a fee of $20,000 for the 2016 Canada
       short period tax compliance services, provided that it
       receives all information necessary for the completion of
       the returns.

    -- Invoices for the returns will be sent and payable as
       follows:

                            Date Due         Amount

       First progress bill  April 30, 2017   $10,000

       Second progress bill August 15, 2017  $10,000

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

EY LLP can be reached at:

       Matthew Lazzeri
       Ernst & Young LLP
       Suite 3300, 370 17th Street
       Denver, CO 80202
       Tel: (720) 931-4676
       E-mail: matt.lazzeri@ey.com

                  About SquareTwo Financial

SquareTwo Financial Services Corporation, et al.'s primary business
is to acquire, manage, and collect charged-off consumer and
commercial accounts receivable, which are accounts that credit
issuers have charged off as uncollectible, but that remain owed by
the borrower and subject to collection.

The Debtors filed for Chapter 11 bankruptcy protection (Bankr.
S.D.N.Y. Case No. 17-10659) on March 19, 2017.

The Debtors are represented by Matthew A. Feldman, Esq., Paul V.
Shalhoub, Esq., Robin Spigel, Esq., and Debra C. McElligott, Esq.,
at Willkie Farr & Gallagher LLP, in New York.  The Debtors' CCAA
Counsel is D.J. Miller, Esq., Asim Iqbal, Esq., and Mitch Grossell,
Esq., at Thornton Grout Finnigan LLP, in Toronto, Ontario.

The Debtors' Restructuring  Advisor is Alixpartners, LLP;
Investment Bankers are Keefe, Bruyette & Woods, Inc., and Miller
Buckfire & Co.   The Debtors' claims and noticing agent is Prime
Clerk LLC.

At the time of filing, the Debtors had estimated assets of $100
million to $500 million and estimated debts of $100 million to $500
million.

The petition was signed by J.B. Richardson, Jr., authorized
signatory.


STICHTER & STICHTER: Names David Rosenthal as Attorney
------------------------------------------------------
Stichter & Stichter Trucking, LLC seeks authorization from the U.S.
Bankruptcy Court for the Northern District of Indiana to employ
David A. Rosenthal as attorney.

The Debtor requires Mr. Rosenthal to:

   (a) give the Debtor legal advice with respect to the powers and

       duties as Debtor-in-Possession in the continued operation
       of the business and management of the property;

   (b) prepare on behalf of the Debtor, necessary applications,
       answers, orders, reports and other legal papers;

   (c) perform all other legal services of the Debtor which may be

       necessary; and

   (d) advise, consult and attend necessary meetings to refinance
       the existing debts or to obtain necessary credit.

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

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

Mr. Rosenthal can be reached at:

       David A. Rosenthal, Esq.
       410 Main Street
       Lafayette, IN 47901
       Tel: (765) 423-5375
       E-mail: darlaw@nlci.com

Stichter & Stichter Trucking, LLC, filed a Chapter 11 bankruptcy
petition (Bankr. N.D. Ind. Case No. 17-40044) on February 21, 2017,
disclosing under $1 million in both assets and liabilities. The
Debtor is represented by David A. Rosenthal, Esq.


SWING HOUSE: Seeks to Hire Friedman Kannenberg as Accountant
------------------------------------------------------------
Swing House Rehearsal and Recording, Inc. seeks approval from the
U.S. Bankruptcy Court for the Central District of California to
hire an accountant.

The Debtor proposes to hire Friedman, Kannenberg & Company, P.C. to
prepare financial statements and income tax returns, assist in
supervising bookkeeping services, analyze any accounting or
tax-related issues in connection with its Chapter 11 case, and
provide other services.

The hourly rates charged by the firm are:

     Partner                    $300
     Manager                    $225
     Staff Accountants   $150 - $200
     Paraprofessionals           $75

Alan Friedman, the accountant designated to provide the services,
will be paid an hourly rate of $300.  

The Debtor has not paid any retainer to the firm for services in
connection with its bankruptcy case.

Mr. Friedman 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:

     Alan Friedman
     Friedman, Kannenberg & Company, P.C.
     17 Talcott Notch Road
     Farmington, CT 06032
     Tel: (860) 677-9191
     Fax: (860) 674-9602
     Email: alan@fkco.com

                   About Swing House Rehearsal

Swing House Rehearsal and Recording, Inc. dba Swing House Studios
filed a Chapter 11 petition (Bankr. C.D. Cal. Case No. 16-24758),
on November 8, 2016.  The petition was signed by Philip Jaurigui,
president and secretary.  The case is assigned to Judge Robert N.
Kwan.  The Debtor is represented by Kurt Ramlo, Esq. and Jeffrey S.
Kwong, Esq., at Levene, Neale, Bender, Yoo & Brill L.L.P.  At the
time of filing, the Debtor estimated $1 million to $10 million in
both assets and liabilities.


THRU INC: Has Interim Authorization to Use Cash Collateral
----------------------------------------------------------
Judge Stacey G. Jernigan of the U.S. Bankruptcy Court for the
Northern District of Texas authorized Thru, Inc., to use cash
collateral on an interim basis.

The Debtor is authorized to use cash collateral through the entry
of a final order authorizing the use of cash collateral only in the
amounts and for the purposes specified in the Budget.  The approved
Interim Budget shows total expenses in the approximate amount of
$122,880 for week ending April 1, 2017, and $3,500 for week ending
April 8, 2017.

The Debtor is also authorized to use cash to pay any fees owed to
the Office of the U.S. Trustee without regard to any amount set
forth in the Budget.

The Debtor acknowledged its indebtedness of approximately $615,000
from Lee Harrison, Eliza Jayne McCoy, and Roderic Holliday-Smith,
and that prior to the Petition Date, said Lenders provided the
Debtor with two additional advances: in the amounts of $100,000 and
$150,000, respectively.

Mr. Harrison, Ms. McCoy and Mr. Holliday-Smith are each granted
valid, perfected liens and enforceable postpetition replacement
security interests in all property of the Debtor, whether acquired
before or after the Petition Date, only to the same extent and
validity of, and have the same priority as, their respective liens
and security interests that existed prior to the Petition Date.

Mr. Harrison, Ms. McCoy and Mr. Holliday-Smith are also granted a
superpriority claim in such amount, if and to the extent the
Replacement Liens will be insufficient to provide adequate
protection against the diminution in value of their respective
interest in any collateral resulting from the use of Cash
Collateral.

The Court will conduct a further hearing on the use of cash
collateral on April 7, 2017, at 9:30 a.m.

A full-text copy of the Order, dated March 28, 2017, is available
at https://is.gd/COAwf2

                       About Thru, Inc.

Thru, Inc. -- http://www.thruinc.com/-- provides enterprise file
sharing and collaboration to help organizations exchange large
files and content securely across the globe.  Thru, Inc., has
strategic partnerships with Rackspace, Microsoft, Salesforce,
VMware, IBM, Cleo, Servcorp, Symantec, HCL, and Citrix.  The
company was formerly known as Rumble Group and changed its name to
Thru, Inc. in February 2006.  Thru, Inc. was founded in 2002 and
is
based in Irving, Texas with additional offices in San Jose,
California; Sydney, Australia; and London, United Kingdom.

On March 8, 2017, the U.S. District Court for the Northern
District
of California entered an order awarding $2.3 million in attorney's
fees in favor of Dropbox, Inc., arising from litigation between
the
Debtor and Dropbox that was commenced in 2015.

To preserve the value of its assets and restructure its financial
affairs following entry of that judgment, Thru, Inc., filed a
Chapter 11 petition (Bankr. N.D. Tex. Case No. 17-31034) on March
22, 2017.  The petition was signed by Lee Harrison, CEO.  At the
time of filing, the Debtor had assets and liabilities estimated at
$1 million to $10 million.

Judge Stacey G. Jernigan is the case judge.

Keith Miles Aurzada, Esq., and Michael P. Cooley, Esq. at

Bryan Cave LLP, is serving as bankruptcy counsel to the Debtor,
with Keith Miles Aurzada, Esq., and Michael P. Cooley, Esq.,
leading the engagement.

An official committee of unsecured creditors has not been
appointed
in the case, and no trustee or examiner has been requested or
appointed in the case.


TILLMAN PARK: Has Final Approval to Use LSCG Fund Cash Collateral
-----------------------------------------------------------------
Judge Edward J. Coleman, III, of the U.S. Bankruptcy Court for the
Southern District of Georgia signed a Final Consent Order
authorizing Tillman Park, LLC, to use the cash collateral of LSCG
Fund 2, LLC.

The Debtor's principal source of revenues presently consists of
receipts from the rental units generally known as Tillman Park.
LSCG Fund holds a junior security interest in both the real
property and the cash collateral.

LSCG Fund consented to the limited use of the cash collateral under
the terms contained in the Final Consent Order.

The Real Property will be managed by Jack Conner, a professional
and third party property manager, who will be charged with, on a
monthly basis, collecting all cash collateral from the real
property and paying therefrom only:

     (1) Manager's approved management fee, and

     (2) those items set forth on the Budget, plus a variance of
not more than 10% for any line item listed in the Budget, with the
net balance of such cash collateral being remitted to LSCG Fund, on
a monthly basis. The approved Budget reflects total expenses of
approximately $15,659.

All other cash collateral that the Debtor had on hand as of the
Petition Date or that Debtor has received since the Petition Date,
including all products and proceeds of the Debtor's business, to
the extent not already deposited, will be deposited in the Debtor's
Operating Account, and no funds will be withdrawn by the Debtor
from the Operating Account except as expressly consented to by LSCG
Fund or approved by the Court.

LSCG Fund is granted a continuing, additional replacement lien and
security interest in and to all of the cash collateral, to secure
the Debtor's obligations under the Loan Documents and will attach
to the same extent, validity, and priority as the prepetition lien
of LSCG Fund as it existed on the Petition Date.

Additionally, the Debtor agreed, among other things, to:

   (a) remain current in the payment of all post-petition tax
liabilities, including but not limited to, accruing ad valorem
property taxes, sales and use taxes, payroll taxes, and income
taxes;

   (b) not dispose of any material asset out of the ordinary course
of its business without the advance written consent of LSCG Fund
and the approval of the Court;

   (c) provide LSCG Fund, upon reasonable request, information and
bank records evidencing all deposits, disbursements, and other
activity in the DIP account;

   (d) promptly deposit into the DIP account any other cash
collateral in its current or future custody, possession, or
control, including the balance remaining in its prepetition
operating account; and

   (e) include as part of the Monthly Operating Report a detailed
and itemized copy of all the Debtor's account statement
disbursements and receipts of the account in which income is
received and the disbursements made, a copy of the Debtor's account
statement and copies of all deposits and disbursements from the
account.

The Parties agreed that it will be a default for any one or more of
the following to occur:

   (a) the Debtor will fail to comply with any of the terms or
conditions of this Order;

   (b) the Debtor will fail to maintain insurance on the Real
Property or will fail to name LSCG Fund as loss payee on such
insurance policy;

   (c) the Debtor will use cash collateral other than as permitted
by the Consent Order; or

   (d) the appointment of a trustee or examiner in this proceeding,
or the conversion of the Debtor's case to a proceeding under
Chapter 7 of the Bankruptcy Code.

A full-text copy of the Final Consent Order, dated March 28, 2017,
is available at https://is.gd/7UWCCt

LSCG Fund 2, LLC, is represented by:

           Thomas W. Waldrep, Jr., Esq.
           WALDREP, LLP
           101 S. Stratford Road, Ste. 210
           Winston-Salem, NC 27104
           Phone: (336) 717-1440
           Fax: (336) 717-1340

Cash Collateral Use has been consented to:

           Matthew E. Mills, Esq.
           Office of the U.S. Trustee
           Johnson Square Business Center
           2 East Bryan Street, Suite
           Savannah, GA 31401

                   About Tillman Park, LLC

Tillman Park, LLC filed a Chapter 11 petition (Bankr. S.D. Ga. Case
No. 16-60147) on April 4, 2016.  The petition was signed by T.
Holmes Ramsey, Jr., managing member.  The case is assigned to Judge
Edward J. Coleman, III.  The Debtor is represented by Jon A. Levis,
Esq. at Merrill & Stone, LLC.  At the time of filing, the Debtor
had $3.28 million in assets and $5.20 million in liabilities.


TRAVELERS OF AMERICA: Hires Van Horn as Attorney
------------------------------------------------
Travelers of America, Inc. seeks authorization from the U.S.
Bankruptcy Court for the Southern District of Florida to employ Van
Horn Law Group, Inc. as attorney, nunc pro tunc to March 20, 2017.

The Debtor requires Van Horn to:

   (a) give advice to the Debtor will respect to its powers and
       duties as a debtor in possession and the continued
       management of its business operations;

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

   (c) prepare motions, pleadings, orders, applications, adversary

       proceedings, and other legal documents necessary in the
       administration of the case;

   (d) protect the interest of the Debtor in all matters pending
       before the Court; and

   (e) represent the Debtor in negotiation with its creditors in
       the preparation of a plan.

Van Horn will be paid at these hourly rates:

       Chad Van Horn           $400
       Jay Molluso             $350
       Attorneys               $400
       Lead Paralegals         $185
       Law Clerks              $175

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

Van Horn requires a non-refundable retainer of $15,000 plus a
filing fee of $1,717.

Chad T. Van Horn, founding partner of Van Horn, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estate.

Van Horn can be reached at:

       Chad T. Van Horn, Esq.
       VAN HORN LAW GROUP P.A.
       330 N. Andrews Avenue, #450
       Fort Lauderdale, FL 33301
       Tel: (954) 765-3166
       E-mail: chad@cvhlawgroup.com

Travelers of America, Inc., filed a Chapter 11 bankruptcy petition
(Bankr. S.D. Fla. Case No. 17-13341) on March 20, 2017, disclosing
under $1 million in both assets and liabilities. The Debtor is
represented by Chad T. Van Horn, Esq.


TX C C INC: PACA Creditors Seek to Prohibit Cash Collateral Use
---------------------------------------------------------------
The PACA Creditors ask the U.S. Bankruptcy Court for the Eastern
District of Texas to prohibit TX. C. C., Inc. and its affiliated
debtors from using any cash collateral, sales proceeds, and/or
funds on deposit in their possession or on deposit in their
existing bank accounts maintained at Bank of America and Regions
unless and until an escrow in the amount of $300,000 is established
for the benefit of the PACA Creditors and any similarly situated
creditors in an interest-bearing account.

The PACA Creditors are: Brothers Produce, Inc.; Brothers Produce of
Austin, Inc.; Brothers Produce of Dallas, Inc.; Dohme Produce, Inc.
d/b/a Central Illinois Produce Co.; Dixie Produce, Inc.; Frontier
Produce, Inc.; P J K Food Service Corp, d/b/a Keany Produce Co;
LaGrasso Bros, Inc.; Joe Lasita & Sons, Inc.; Liberty Fruit Co.,
Inc.; River City Produce Company, Inc.; Senn Brothers, Inc.; Sirna
& Sons, Inc.; and Vermilion Valley Produce Co., Inc.

The PACA Creditors relate that prior to Petition Date, they have
sold to the Debtors, in interstate commerce, wholesale quantities
of produce and other goods in the aggregate principal amount of
$258,384, of which the aggregate principal amount of $254,164 for
wholesale quantities of produce.  The PACA Creditors assert that
the invoices all include terms entitling them to interest and
majority have terms providing for attorneys' fees.

The PACA Creditors are licensed dealers under the Perishable
Agricultural Commodities Act -- an Act that has been enacted to
encourage fair trading in the marketing of produce and to prevent
unfair and fraudulent practices in an industry highly susceptible
to such practices.

Accordingly, the Debtors, having received, purchased, or contracted
to receive more than 2,000 pounds of produce on a given day and
purchasing more than $230,000 in a calendar year, are also subject
to license under PACA.

The PACA contains a Trust Provision which requires produce buyers
that are licensed or subject to license under the PACA, such as the
Debtors, to hold in trust all of its produce-related assets --
which includes the produce itself, products derived therefrom, and
any receivables or proceeds from the sale thereof -- until full
payment is made to the seller.

Therefore, when a produce buyer files for bankruptcy protection,
the PACA Trust Assets are not part of the debtor's estate.  The
trust is continuous, and it arises upon the produce buyer's first
purchase of produce and remains continually in existence until all
produce suppliers have been paid in full.

The PACA Creditors are represented by:

          Robert Yaquinto, Jr., Esq.
          Sherman & Yaquinto, L.L.P.
          509 N. Montclair Avenue
          Dallas, Tx 75208-5498
          Tel: 214 942-5502
          Fax: 214 946-7601
          E-mail: rob@syllp.com

                    About TX. C. C., Inc.

TX. C. C., Inc. filed a Chapter 11 petition (Bankr. E.D. Tex. Case
No. 17-40297) on Feb. 13, 2017.  The petition was signed by Timothy
Dungan, president.  The case is assigned to Judge Brenda T.
Rhoades.  The Debtor is represented by John P. Henry, Esq., at the
Law Offices of John Henry, P.C.  At the time of filing, the Debtor
had less than $50,000 in estimated assets and $1 million to $10
million in estimated liabilities.


ULTIMATE AVT: Plan, Disclosures Hearing Set for May 1
-----------------------------------------------------
Judge Stacy G. Jernigan of the U.S. Bankruptcy Court for the
Northern District of Texas conditionally approved Ultimate AVT,
Inc.'s disclosure statement referring to its plan of
reorganization, dated March 22, 2017.

April 27, 2017, is fixed as the last day for filing and serving
written acceptances or rejections of the Plan.

April 27, 2017, is fixed as the last day for filing and serving
written objections to confirmation of the Plan or the Disclosure
Statement.

May 1, 2017, at 2:30 p.m., is fixed for the hearing on Confirmation
of the Plan and Final Approval of the Disclosure Statement in the
Courtroom of the Honorable Stacy G. Jernigan, 1100 Commerce Street,
14th Floor, Dallas, Texas.

                     About Ultimate AVT

Ultimate AVT, Inc., filed a voluntary Chapter 11 petition (Bankr.
N.D. Tex. Case No. 16-34140) on Oct. 25, 2016.  The petition was
signed by Wes Weisheit, president.  The Debtor is represented by
Eric A. Liepins, Esq., at Eric A. Liepins, P.C.  The Debtor
estimated assets at $100,001 to $500,000 and liabilities at
$500,001 to $1 million at the time of the filing.


UNITY COURIER: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: Unity Courier Service, Inc.
        3231 Fletcher Drive
        Los Angeles, CA 90065

Case No.: 17-13943

Business Description: Unity Courier -- http://www.unitycourier.com/

                      -- provides courier services.  The Company
                      delivers individually addressed letters,
                      parcels, and packages to customers in the
                      United States.

Chapter 11 Petition Date: March 31, 2017

Court: United States Bankruptcy Court
       Central District of California (Los Angeles)

Judge: Hon. Ernest M. Robles

Debtor's Counsel: Ira Benjamin Katz, Esq.
                  LAW OFFICES OF IRA BENJAMIN KATZ, APC
                  1925 Century Park East, Suite 1700
                  Los Angeles, CA 90067
                  Tel: 310-282-8580
                  Fax: 310-282-8149
                  E-mail: IKatz@katzlaw.net

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Larry Lum, president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/cacb17-13493.pdf


UNIVERSITY PLAZA: Has Final Authorization to Use Cash Collateral
----------------------------------------------------------------
U.S. Bankruptcy Judge Edward J. Coleman, III, for the Southern
District of Georgia signed a consent order authorizing University
Plaza, Inc., to use the cash collateral of Sea Island Bank and LSCG
Fund 2, LLC on a final basis.

The Debtor's principal source of revenues presently consists of
receipts from the rental units generally known as University Plaza.
Sea Island Bank holds a first position lien on both the real
property and the cash collateral, while LSCG Fund holds a junior
security interest in both the real property and cash collateral.

Sea Island Bank and LSCG Fund consented to the limited use of the
cash collateral under the terms of the Consent Order.

The Real Property will be managed by Jack Conner, a professional
and third party property manager, who will be charged with, on a
monthly basis, collecting all cash collateral from the real
property and paying therefrom only:

     (1) Manager's approved management fee,

     (2) a monthly adequate protection payment to Sea Island Bank
in the amount of $13,649, and

     (3) those items set forth on the Budget, plus a variance of
not more than 10% for any line item listed in the Budget, with the
net balance of such cash collateral being remitted to LSCG Fund, on
a monthly basis.  The approved Budget reflects total expenses of
approximately $9,423.

All other cash collateral that the Debtor had on hand as of the
Petition Date or that Debtor has received since the Petition Date,
including all products and proceeds of the Debtor's business, to
the extent not already deposited, will be deposited in the Debtor's
Operating Account, and no funds will be withdrawn by the Debtor
from the Operating Account except as expressly consented to by Sea
Island Bank and LSCG Fund or approved by the Court.

Sea Island Bank and LSCG Fund were each granted a continuing,
additional replacement lien and security interest in and to all of
the cash collateral, to secure the Debtor's obligations under the
Loan Documents and will attach to the same extent, validity, and
priority as the prepetition lien of Sea Island Bank and LSCG Fund
as it existed on the Petition Date.

Additionally, the Debtor agreed, among other things, to:

     (a) remain current in the payment of all post-petition tax
liabilities, including but not limited to, accruing ad valorem
property taxes, sales and use taxes, payroll taxes, and income
taxes;

     (b) not dispose of any material asset out of the ordinary
course of its business without the advance written consent of Sea
Island Bank and LSCG Fund and the approval of the Court;

     (c) provide Sea Island Bank and LSCG Fund, upon reasonable
request, information and bank records evidencing all deposits,
disbursements, and other activity in the DIP account;

     (d) promptly deposit into the DIP account any other cash
collateral in its current or future custody, possession, or
control, including the balance remaining in its prepetition
operating account; and

     (e) include as part of the Monthly Operating Report a detailed
and itemized copy of all the Debtor's account statement
disbursements and receipts of the account in which income is
received and the disbursements made, a copy of the Debtor's account
statement and copies of all deposits and disbursements from the
account.

The Parties agreed that it will be a default for any one or more of
the following to occur:

     (a) the Debtor will fail to comply with any of the terms or
conditions of this Order;

     (b) the Debtor will fail to maintain insurance on the Real
Property or will fail to name the Sea Island Bank and LSCG Fund as
loss payee on such insurance policy;

     (c) the Debtor will use cash collateral other than as
permitted by the Consent Order; or

     (d) the appointment of a trustee or examiner in this
proceeding, or the conversion of the Debtor's case to a proceeding
under Chapter 7 of the Bankruptcy Code.

A full-text copy of the Final Consent Order dated March 28, 2017,
is available at https://is.gd/zj8xFh

Cash Collateral use has been consented to by:

           Matthew E. Mills, Esq.
           Office of the U.S. Trustee
           Johnson Square Business Center
           2 East Bryan Street, Suite
           Savannah, GA 31401

Sea Island Bank is represented by:

           Laura H. Wheaton, Esq.
           BROWN ROUNTREE, PC
           26 North Main Street
           Statesboro, GA 30458

LSCG Fund 2, LLC, is represented by:

           Thomas W. Waldrep, Jr., Esq.
           WALDREP, LLP
           101 S. Stratford Road, Ste. 210
           Winston-Salem, NC 27104
           Phone: (336) 717-1440
           Fax: (336) 717-1340

                   About University Plaza

University Plaza, Inc., filed a Chapter 11 petition (Bankr. S.D.
Ga. Case No. 16-60148) on April 4, 2016.  The petition was signed
by T. Holmes Ramsey, Jr., president.  At the time of filing, the
Debtor had $2.43 million in assets and $6.74 million in
liabilities.
The case is assigned to Judge Edward J. Coleman, III.  The Debtor
is represented by Jon A. Levis, Esq. at Merrill & Stone, LLC.


US TELEPACIFIC: Moody's Affirms B3 CFR Amid Planned New Bank Loans
------------------------------------------------------------------
Moody's Investors Service has affirmed U.S. TelePacific Corp.'s B3
corporate family rating (CFR) following the company's planned
issuance of new bank credit facilities. Moody's has also assigned a
B3 rating (LGD-3), in line with the current rating, to the
company's proposed $680 million senior secured 1st lien credit
facility which consists of a $655 million term loan due 2023 and a
$25 million revolver due 2022. The proceeds of the facilities will
be used to repay the company's existing term loan B, revolving
credit facility, and secured notes. Moody's has downgraded
TelePacific's probability of default rating (PDR) to Caa1-PD from
B3-PD in connection with the redemption of the secured notes,
reflecting a going forward capital structure singularly comprised
of secured bank facilities. The outlook remains stable.

Actions taken for U.S. TelePacific Corporation:

Affirmations:

-- Corporate Family Rating, Affirmed B3

Downgrades:

-- Probability of Default Rating, Downgraded to Caa1-PD from
    B3-PD

Assignments:

-- Senior Secured Bank Credit Facility, Assigned B3 (LGD 3)

Outlook, Remains Stable

RATINGS RATIONALE

TelePacific's B3 CFR reflects its low margins, modest free cash
flow and the intense competitive pressure it faces within its core
legacy markets. TelePacific faces tough competition from incumbent
carriers and cable companies who operate more ubiquitous physical
networks and offer broader service capabilities including cloud and
managed services. The rating is supported by TelePacific's position
as a leading national provider of managed services, as well as its
position as the largest CLEC (competitive local exchange carrier)
in the California and Nevada markets. Further, low churn,
especially in managed services offerings, underscores the sticky
nature of TelePacific's customer relationships. With a primary
focus on mid-sized enterprises with multiple locations,
TelePacific's growth is driven by new customer wins in the higher
growth and higher margin managed services space, as well as by
upselling existing business services customers to these managed
offerings. The company's potential to increasingly deliver higher
margins and growing cash flows going forward is driven by its
asset-light business model evolution, and its acquisition and
development of alternative, lower cost network access assets.
Recent acquisitions have strengthened TelePacific's market position
and asset base, facilitated competitive offerings of high speed
data services, and reduced the company's dependency on ILECs
(incumbent local exchange carriers) for last-mile access.

With its recent acquisition of DSCI Corporation ("DSCI"),
TelePacific expanded its managed services offerings, including
managed IT and UCaaS ("unified communications as a service")
offerings, including over-the-top ("OTT") solutions which
effectively expand its addressable market. With high growth
potential, managed services are poised to offset declines in the
company's legacy CLEC business and contribute to better overall
margins. Managed services, representing the bulk of new bookings,
are now approximately 50% of overall revenues and growing at
mid-teens rates. Additionally, TelePacific should achieve
meaningful cost synergies by migrating its hosted PBX (private
branch exchange) application away from wholesale providers onto
DSCI's network platform.

The stable outlook reflects Moody's view that TelePacific will
continue to achieve organic revenue growth in the low single digit
range and maintain stable margins.

Moody's could upgrade TelePacific's ratings if Debt/EBITDA (Moody's
adjusted) trends towards 4x and the company produces consistent,
positive free cash flow. Moody's would likely downgrade
TelePacific's ratings if revenues and EBITDA decline such that
leverage exceeds 6x on a sustained basis. Additionally, evidence of
liquidity pressure or the failure to successfully integrate
acquired businesses could lead to a downgrade in ratings.

The principal methodology used in these ratings was
Telecommunications Service Providers published in January 2017.


VAIR RESOURCES: Wants Filing of Disclosure Statement Waived
-----------------------------------------------------------
Vair Resources, LLC, filed a motion asking the U.S. Bankruptcy
Court for the Eastern District of Texas to waive the requirement of
chapter 11 disclosure statement pursuant to Section 1125 of the
Bankruptcy Code.

As the Debtor is a small business, the Debtor asks the Court to
waive the requirement to file a Disclosure Statement as the
proposed plan includes and provides adequate information to the
creditors sufficient to make a decision as to whether to vote in
favor of the Plan.

The Debtor, as Debtors-in-Possession, and the Plan proponent also
asks the Court to waive the requirement of filing a separate
Disclosure Statement in order to expedite and simplify the
confirmation process.

Attorneys for the Debtor:

    Tagnia Fontana Clark, Esq.
    MAIDA LAW FIRM, P.C.
    4320 Calder Avenue
    Beaumont, Texas 77706
    Tel: (409) 898-8200
    Fax: (409) 898-8400

                     About Vair Resources

Vair Resources, LLC, filed a Chapter 11 petition (Bankr. E.D. Tex.
Case No. 16-10488) on Oct. 4, 2016. The petition was signed by
Stone Haynes, owner/member. The Hon. Bill Parker is the case
judge.

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

Frank J. Maida, Esq., at Maida Law Firm, P.C., in Beaumont, Texas,
serves as counsel

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


VANGUARD HEALTHCARE: Suit by Dept. of Justice, Tennessee Continues
------------------------------------------------------------------
Dani Kass, writing for Bankruptcy Law360, reports that the U.S.
District Judge Kevin H. Sharp has allowed the U.S. Department of
Justice and the state of Tennessee to proceed with a False Claims
Act lawsuit against Vanguard Healthcare LLC.

Law360 relates that the U.S. Department of Justice and the state of
Tennessee accuse the Debtor of providing "grossly substandard"
care.  Judge Sharp found the lawsuit to be exempt from the
automatic stay, the report states.

                 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 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 to serve on an 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.


VBI VACCINES: EisnerAmper LLP Raises Going Concern Doubt
--------------------------------------------------------
VBI Vaccines Inc. filed with the U.S. Securities and Exchange
Commission its annual report on Form 10-K, disclosing a net loss of
$23.20 million on $548,000 of revenues for the year ended December
31, 2016, compared to a net loss of $26.19 million on $955,000 of
revenues for the year ended December 31, 2015.

EisnerAmper LLP states that the Company has incurred and will
continue to incur losses and generate negative operating cash flows
and as such will require significant additional funds to continue
its development activities to ultimately achieve commercial launch
of its products.  These factors raise substantial doubt about the
Company's ability to continue as a going concern.

The Company's balance sheet at December 31, 2016, showed total
assets of $104.75 million, total current liabilities of $7.61
million, total non-current liabilities of $13.41 million, and a
stockholders' equity of $83.73 million.

A full-text copy of the Company's Form 10-K is available at:
                
                   http://bit.ly/2nWTNsq

                   About VBI Vaccines Inc.

VBI Vaccines Inc., formerly SciVac Therapeutics Inc., is a
commercial-stage, biopharmaceutical company. VBI currently
manufacture its product, Sci-B-Vac(TM), a third generation
Hepatitis B ("HBV") vaccine for adults, children and newborns,
which is approved for use in Israel and 14 other countries.
Sci-B-Vac(TM), but has not yet been approved by the U.S. Food and
Drug Administration (the "FDA") or the European Medicines Agency
(the "EMA").




VERENGO INC: Unsecured Creditors to Recoup Up to 2.0% Under Plan
----------------------------------------------------------------
Verengo, Inc., filed with the U.S. Bankruptcy Court for the
District of Delaware a first amended combined disclosure statement
and Chapter 11 plan of reorganization dated March 27, 2017.

Class 4 General Unsecured Claims are impaired by the Plan.  Holders
are expected to recover 0% to 2.0%.

Class 4 consists of General Unsecured Claims against the Debtor,
including the claims related to the Other Investor Notes held by
Arnold Fishman, BainBridge Partners, Org Bowen Campbell & Lauren
Bishop, and Bishop Living Trust.  Each holder of an Allowed Class 4
Claim will be paid in cash from the distribution trust on the
distribution date, the pro rata share of its beneficial interest in
the Distribution Trust, after payment in full, or a reserve being
established for, all Administrative Claims, Priority Claims, and
Secured Claims.

In order to fund the continued operations of the Debtor during the
pendency of this Chapter 11 Case, the Debtor procured from Crius
Solar Fulfillment, LLC, as DIP lender, debtor-in-possession
financing as authorized by the DIP Orders.

Crius Solar has committed to providing the DIP Financing and
$200,000 cash, which will fund the acquisition of new equity in the
Debtor through the Plan no later than the Effective Date.  Because
distributions are from the Distribution Trust no subsequent
Distributions to the creditors are dependent on any metrics related
to the Reorganized Debtor.

A copy of the First Amended Disclosure Statement is available at:

           http://bankrupt.com/misc/deb16-12098-228.pdf

As reported by the Troubled Company Reporter on March 20, 2017, the
Debtor first filed with the Court a combined disclosure statement
and Chapter 11 plan of reorganization dated March 6, 2017, which
stated that Class 4 General Unsecured Claims holders are expected
to recover 0%.

                          About Verengo

Headquartered in Torrance, California, Verengo, Inc., owns
warehouse operations centers in Anaheim and Valencia, California,
and an operations center in Phoenix, Arizona.  The Debtor
originated from Ken Button and Randy Bishop's purchase of Gemstar
Builders in February 2008, which was subsequently renamed Verengo
Solar, a dba of Verengo, Inc.  The Debtor's business focuses on the
installation of solar photovoltaic systems.  The Debtor offers a
range of energy-saving products to help users to conserve the
energy generated from their solar systems.  The Debtor also markets
and sells solar panels and semiconductor-based micro inverter
systems in the United States.

The Debtor filed a Chapter 11 petition (Bankr. D. Del. Case No.
16-12098) on Sept. 23, 2016.  The petition was signed by Dan
Squiller, CEO.  The Debtor is represented by Scott D. Cousins,
Esq., and Evan T. Miller, Esq., at Bayard, P.A.  The Debtor tapped
Sherwood Partners, Inc., as financial advisors, and SSG Advisors,
LLC as investment banker.

The case is assigned to Judge Brendan Linehan Shannon.  The Debtor
estimated assets and liabilities at $10 million to $50 million at
the time of the filing.


VIDEOTRON LTEE: S&P Assigns BB Rating on New $600MM Unsec. Notes
----------------------------------------------------------------
S&P Global Ratings said it assigned its 'BB' issue-level rating and
'3' recovery rating to Montreal-based Videotron Ltee's proposed
US$600 million senior unsecured notes due 2027.  S&P rates the
notes the same as our corporate credit rating on Videotron.  The
'3' recovery rating corresponds with meaningful recovery (50%-70%;
rounded estimate 65%) in S&P's default scenario.  Proceeds from the
new notes will be used to repay amounts drawn under the company's
revolving credit facilities, and to fund early redemption of
Videotron notes due in 2021.  The issuance will have no effect on
S&P's expected consolidated credit measures for Quebecor Media Inc.
(QMI), Videotron's 100% owner. Concurrently, QMI intends to early
redeem its C$325 million notes due 2021.  The funds from the new
issue support QMI's consolidated liquidity.

S&P's view of QMI's financial risk profile as significant reflects
the company's adjusted debt to EBITDA of 3.4x at Dec. 31, 2016.
S&P expects slightly improving debt leverage in the next two years
as modest EBITDA growth (primarily from telecommunications) and
modest discretionary cash flows help sustain leverage to the low 3x
area, absent any strategic initiatives.

"The ratings on QMI are based on our credit risk profile of the
company and its consolidated subsidiaries, including wholly owned
Videotron, the largest cable TV provider in Quebec and
third-largest in Canada," said S&P Global Ratings credit analyst
Aniki Saha-Yannopoulos.  S&P equalizes its long-term corporate
credit rating on Videotron with that on parent QMI as per S&P's
corporate ratings criteria.  The strength of the company's mature
subscription-based cable operations (branded as Videotron; more
than 95% of overall EBITDA), is the key driver of S&P's
satisfactory assessment of QMI's overall business risk profile.

RATINGS LIST

Videotron Ltee
Corporate credit rating                    BB/Stable/--

Rating Assigned
Proposed US$600 million sr unsecured notes BB
Recovery rating                           3 (65%)


W.E. YODER: Disclosures Approved; May 4 Plan Confirmation Hearing
-----------------------------------------------------------------
Judge Richard E. Fehling of the U.S. Bankruptcy Court for the
Eastern District of Pennsylvania issued an order approving W.E.
Yoder, Inc.'s amended disclosure statement referring to an amended
chapter 11 plan filed on March 24, 2017.

April 26, 2017, is set as the last date by which ballots must be
received by in order to be considered as acceptances or rejections
of the Plan.

The hearing on confirmation of the Plan shall be held in Courtroom
No. 1, U.S. Bankruptcy Court, 400 Washington Street, Reading, PA on
May 4, 2017, at 11:00 am.

Class 3 under the amended plan consists of the Secured Claim of the
Pennsylvania Department of Revenue ($17,766 per Notice of Tax Lien
dated September 13, 2016). The PA Department of Revenue has a
Secured Claim by virtue of its Tax Lien. For purposes of treatment,
the full amount of the PA Department of Revenue Secured Claim shall
be added to its Allowed Priority Tax Claim and Administrative
Claims and paid in the amount of $833/month, provided that all such
payments to the PA Department of Revenue shall first be applied to
its Allowed Secured Claim until such claim is paid in full, then to
its Allowed Priority Tax Claim.

The PA Department of Revenue shall retain its lien on the Debtor's
assets to the same extent, priority and validity as it held as of
the Petition Date until said Allowed Secured Claim is paid in full,
at which time the PA Department of Revenue shall mark the Tax Lien
satisfied.

The funds necessary for the implementation of the Plan shall be
from any remaining proceeds of the Stone Harbor Property
refinancing and from the Debtor’s Net Income over a 5-year
period, on a quarterly basis.

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

         http://bankrupt.com/misc/paeb14-19893-246.pdf

                         About W.E. Yoder

W.E. Yoder, Inc., filed a chapter 11 petition (Bankr. E.D. Pa.
Case
No. 14-19893) on Dec. 18, 2014.  The petition was signed by
William
E. Yoder, president.  The Debtor is represented by David B. Smith,
Esq., at Smith Kane Holman, LLC.  The case is assigned to Judge
Richard E. Fehling.  The Debtor estimated assets at $500,000 to $1
million and liabilities at $1 million to $10 million at the time
of
the filing.


WALLACE RUSH: Names Phillip Wallace as Counsel
----------------------------------------------
Wallace, Rush, Schmidt, Inc. seeks authorization from the U.S.
Bankruptcy Court for the Eastern District of Louisiana to employ
Phillip K. Wallace, PLC as reorganization counsel for the Debtor,
nunc pro tunc to the March 24, 2017.

The firm will be paid at these hourly rates:

       Phillip Wallace           $250
       Paralegals                $70

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

The Debtor has paid to Mr. Wallace a retainer of $15,000 and has
paid the filing fees in the amount of $ 1,717.

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

The firm can be reached at:

       Phillip K. Wallace, Esq.
       PHILLIP K. WALLACE, PLC
       4040 Florida Street, Suite 203
       Mandeville, LA 70448
       Tel: (985) 624-2824
       Fax: (985) 624-2823
       E-mail: philkwall@aol.com

WRS Inc. -- https://www.wallacerushschmidt.com -- is a personnel
resource company specializing in Natural Disaster Clean up/Recovery
and Man-Made disasters which combined with its many years of
experience in disaster clean up and restoration, supervision and
administration has enabled WRS Inc. to build a rapidly expanding
customer base. The Company specializes in job management and labor
services for disaster restoration companies. It serves its clients
nationwide 24/7.

Wallace, Rush, Schmidt, Inc., dba Wallace Resource Systems of
Leachville, LLC, dba Wallace Staffing and Labor, LLC, based in
Mandeville, La., filed a Chapter 11 petition (Bankr. E.D. La. Case
No. 17-10698) on March 24, 2017.  The Hon. Jerry A. Brown presides
over the case.  Phillip K. Wallace, Esq. serves as bankruptcy
counsel.

In its petition, the Debtor estimates $1 million to $10 million in
both assets and liabilities. The petition was signed by Eddie
Schmidt, vice president.

A list of the Debtor's three unsecured creditors is available for
free at http://bankrupt.com/misc/laeb17-10698.pdf


WALLACE RUSH: Wants to Use Cash Collateral
------------------------------------------
Wallace, Rush, Schmidt, Inc. ("WRS"), asks the U.S. Bankruptcy
Court for the Eastern District of Louisiana to authorize the use of
cash collateral for the purposes of operating its business in the
ordinary course.

David Wallace, the President of the Debtor; Eddie Schmidt, the Vice
President of the Debtor; and Howard Gerald Rush, III, the Secretary
of the Debtor,  each holds 33 1/3% interest in the Debtor.

WRS is a full-service nationwide leader in providing labor and
emergency employment staffing that effectively and efficiently
return communities to normal life due to disasters; including
Earthquakes, tornadoes and hurricanes which leave clean up
challenges that overwhelm local capabilities; and has been in
existence since 2015.

The Debtor has a need to use operating funds to continue the
operation of its business and to pay the necessary expenses
associated with the operation of such.  It is necessary that the
Debtor obtain authority from the Court to use the cash collateral
in order to maintain its business operations and protect its
ability to reorganize in accordance with Chapter 11 of the
Bankruptcy Code.

At this time, the Debtor has no other significant source of income
other than the income generated from its business operations which
constitutes Cash Collateral.  If the Debtor is not permitted to
continue to use the Cash Collateral, it will adversely and severely
harm its business operations and thus, the Debtor wishes to use the
Cash Collateral to fund its postpetition operations.

The Debtor seeks authorization to use the cash proceeds and income
generated from its business and accounts receivables in order to
continue to operate its business, to pay the necessary utilities,
fund its payroll and payroll taxes and make payments that arise in
the administration of the Chapter 11 case, including the Office of
the Unites States Trustee Fees.

As adequate protection to Advance Payroll Funding Ltd., in which
the Debtor has a Factoring Agreement, for the Debtor's use of Cash
Collateral and the risk of any diminution of such Cash Collateral
as of the Petition Date, these are proposed:

   a. The granting of replacement liens and security interests in
the same rank, privilege and amount, pursuant to and in accordance
with 11 U.S.C. Section 361(2), in and to all property of the
Debtor's estate of the kind presently encumbered by the
indebtedness owed to Advance Payroll Funding, once a full and
complete accounting has been received from Advance Payroll Funding
as of the time of the filing of the Petition, including a
replacement lien in all of the Debtor's accounts receivable
generated postpetition;

   b. The granting of administrative priority pursuant to 11 U.S.C.
Sections 361(3), 503(b) and 507(a)(1);

   c. Providing of financial and operational reports through its
Monthly Operating Reports to Advance Payroll Funding;

   d. The maintenance of insurance on any Collateral, as required
if necessary; and

   e. The Debtor conducting its business operations pursuant to
budgets approved by the Court after review.

The Debtor asks that the Court authorizes and approves the Debtor's
use of Cash Collateral, and enters an order granting the use of
Cash Collateral after hearing.

Pursuant to Rule 4001(b)(2), the Debtor respectfully asks that the
Court sets a hearing on the Debtor's Motion to Authorize Use of
Cash Collateral in accordance with the Notice of Hearing filed
subsequent to the Debtor's Motion to Authorize Use of Cash
Collateral upon 21 days notice after service of the Motion.

                 About Wallace, Rush, Schmidt

Wallace, Rush, Schmidt, Inc., doing business as Wallace Resource
Systems of Leachville, LLC, and Wallace Staffing and Labor, LLC, is
a personnel resource company specializing in Natural Disaster Clean
up/Recovery and Man-Made disasters which combined with its many
years of experience in disaster clean up and restoration,
supervision and administration expanding customer base.  The
Company specializes in job management and labor services for
disaster restoration companies.  It serves its clients nationwide
24/7.

Wallace, Rush, Schmidt, Inc. sought Chapter 11 protection (Bankr.
E.D. La. Case No. 17-10698) on March 24, 2017.  The petition was
signed by Eddie Schmidt, vice president.
The Debtor estimated assets and liabilities in the range of $1
million to $10 million.

Judge Jerry A. Brown is assigned to the case.

The Debtor tapped Phillip K. Wallace, Esq., at Phillip K. Wallace,
PLC as counsel.




WEATHERFORD INTERNATIONAL: Will Present at Investor Conference
--------------------------------------------------------------
On March 27, 2017, Weatherford International plc presented to
certain investors at the Scotia Howard Weil Energy Conference held
in New Orleans, Louisiana.  The presentation materials was posted
on Weatherford's Web site at http://www.weatherford.com/in the
Investor Relations section on the date of the event.

Weatherford International plc (NYSE: WFT) also announced a
scheduled conference call for Friday, April 28, 2017 at 8:30 a.m.
ET.  The purpose of the conference call is to discuss results for
the Company's first quarter ended March 31, 2017.   The call will
be open to the public.

To access the call, please contact the conference call operator at
866-393-8572, or 706-643-6499 for international calls approximately
10 minutes prior to the scheduled start time, and ask for the
Weatherford conference call.  The passcode is "Weatherford."  

                     About Weatherford

Ireland-based Weatherford International plc (NYSE: WFT) --
http://www.weatherford.com/-- is one of the largest multinational
oilfield service companies providing innovative solutions,
technology and services to the oil and gas industry.  The Company
operates in over 100 countries and has a network of approximately
1,000 locations, including manufacturing, service, research and
development, and training facilities and employs approximately
31,000 people.  

Weatherford International reported a net loss attributable to the
Company of $3.39 billion on $5.74 billion of total revenues for the
year ended Dec. 31, 2016, compared to a net loss attributable to
the Company of $1.98 billion on $9.43 billion of total revenues for
the year ended Dec. 31, 2015.  As of Dec. 31, 2016, Weatherford had
$12.66 billion in total assets, $10.59 billion in total liabilities
and $2.06 billion in total shareholders' equity.

                       *     *     *

In November 2016, Fitch Ratings has downgraded the ratings for
Weatherford and its subsidiaries, including the companies'
Long-Term Issuer Default Ratings (IDRs) to 'CCC' from 'B+'.

In November 2016, S&P Global Ratings lowered its corporate credit
rating on Weatherford International to 'B+' from 'BB-'.  "The
downgrade reflects our revised free operating cash flow estimates
for Weatherford following weaker-than-anticipated cash inflows in
the third quarter," said S&P Global Ratings credit analyst Carin
Dehne-Kiley.


WEST SEATTLE LODGE: May Use Cash Collateral Until May 31
--------------------------------------------------------
Judge Timothy W. Dore of the U.S. Bankruptcy Court for the Western
District of Washington authorized West Seattle Lodge, LLC to use of
cash collateral through May 31, 2017 unless extended by further
order of the Court upon notice and hearing.

The Final Hearing on the use of cash collateral was held on March
24, 2017.

The Debtor is authorized to incur and timely pay the operating and
administrative expenses identified in the Budget, including payroll
that became due and payable postpetition even if some the employee
hours attributable therein were incurred prepetition; and further
will pay and keep current all post-petition payroll taxes due to
the Internal Revenue Service and sales taxes due to the State of
Washington, when due; and may incur such obligations and make such
payments itemized in the Budget, without further approval of CBC or
the Court, provided that (i) the Debtor will not use Cash
Collateral to pay any prepetition expense or obligation that became
due prior to the filing of the case except as expressly permitted
by the Order or further order of the Court; and (ii) the Debtor
will otherwise only use Cash Collateral to pay post-petition taxes,
expenses and obligations directly relating to the preservation and
protection of the Collateral and operation of the Debtor's
business.

The Budget contemplates total monthly operating expenses of
$129,373 for the month of March 2017, $132,160 for the month of
April 2017, and $131,760 for the month of May.

The Debtor will be in compliance with its obligations related to
the Budget so long as the actual expenditures paid with Cash
Collateral do not exceed the corresponding expense line item set
forth in the Budget by more than 10%, and the total amount of Cash
Collateral used does not exceed the total amount set forth in the
Budget for all expenses by more than 5% of the overall Budget on a
monthly basis.

The CBC will retain all of its prepetition security interests in
all prepetition collateral, including, without limitation, the Cash
Collateral.

The Debtor is authorized and directed to provide adequate
protection of CBC's interest in the Cash Collateral as set forth,
by making a monthly payment, due on the 10th day of each month
commencing April 10, 2017, in the amount of $2,000, and by
granting, on behalf of the estate of the Debtor, the "Replacement
Liens" in the same order and priority as existed prepetition.  The
Replacement Liens will be valid, perfected and enforceable security
interests and liens on the Cash Collateral and postpetition
proceeds thereof without further filing or recording of any
document or instrument or any other action.

The Order will take effect upon entry by the Court.

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

     
http://bankrupt.com/misc/wawb17-10842_68_Cash_West_Seattle_Lodge.pdf

                   About West Seattle Lodge

Headquartered in Seattle, Washington, West Seattle Lodge, LLC,
filed for Chapter 11 bankruptcy protection (Bankr. W.D. D.C. Case
No. 17-10842) on Feb. 27, 2017, listing $54,891 in total assets
and
$1.16 million in total liabilities.  The petition was signed by
Shawn Roten, manager.

Judge Timothy W. Dore presides over the case.

Larry B. Feinstein, Esq., at Vortman & Feinstein, serves as the
Debtor's bankruptcy counsel.

On Nov. 21, 2016 Lodge Holdings, LLC, and these subsidiaries each
filed a petition for relief under Chapter 11: Mukilteo Lodge, LLC
(Bankr. W.D. D.C. Case No. 16-15849); Kirkland Lodge, LLC
(Case No. 15-15850); Stadium Lodge, LLC (Case No. 16-15851);
Downtown Lodge, LLC (Case No. 16-15852); Mill Creek Lodge, LLC
(Case No. 16-15853); and Greenwood Lodge, LLC (Case No. 16-15854).


WESTINGHOUSE ELECTRIC: Will Decide Fate of 4 U.S. Nuclear Reactors
------------------------------------------------------------------
A unit of Japan's Toshiba Corporation that provides designs and
engineering services to more than half of the nuclear power plants
worldwide sought bankruptcy protection due to issues hounding the
construction projects in the United States.

Four of Westinghouse's new-generation AP1000 reactors -- a new type
of nuclear power plant conceptualized by engineers at Westinghouse
in the early 2000s with simplified design and passive safety
features -- are being built at the only two new nuclear
construction sites currently in the United States -- the Allen W.
Vogtle Electric Generating Plant near Augusta, Georgia (Vogtle
Reactors) and the Virgil C. Summer Nuclear Station near Columbia,
South Carolina (VC Summer Reactors).  Ground was broken for both
sites in 2011, with the expectation that the first reactors were
expected to come online in mid-2016.

On March 29, 2017, each of Westinghouse Electric Company LLC and 29
of its subsidiaries filed a voluntary petition under Chapter 11 of
the Bankruptcy Code with the U.S. Bankruptcy Court for the Southern
District of New York to avert the possible exposure to billions of
dollars either in (i) cost overruns to complete the projects
(estimated at $6.1 billion) or (ii) penalties and liabilities if
they abandon the projects.  The Debtors said that their dwindling
liquidity forced them to focus their efforts on a reorganization in
Chapter 11 in order to obtain necessary financing, resolve their
issues with the U.S. AP1000 Projects, and preserve the value of
their core businesses.

The Debtors, a nuclear power subdivision of Westinghouse Electric
Corporation, cited delayed and increased cost of construction of
the nuclear plants in Georgia and South Carolina, known as Vogtle
and VC Summer, for their financial troubles.  In the bankruptcy
filing, the Debtors listed total assets of $4.32 billion and total
debts of $9.39 billion.

Despite their recent financial struggles, the Debtors said the
majority of their businesses -- particularly those relating to
nuclear fuel and the servicing of nuclear plants -- are profitable.
However, the Construction Business cost increases have led to a
liquidity crisis that they can only solve in Chapter 11.

"During the Chapter 11 cases, the breathing spell afforded by the
automatic stay, the significant liquidity from the Debtors'
committed postpetition financing, and the credit support from the
Debtors' majority owner, Toshiba, will permit the Debtors to
protect their Core Businesses and operate them with both minimal
disruption and the same record of safety and quality that made the
Debtors global leaders in the nuclear power sector," said Chief
Transition Officer Lisa J. Donahue, managing director and the
leader of the Global Turnaround and Restructuring Group at
AlixPartners LLC, in an affidavit filed with the Court.  "The
Debtors will also be able to use the liquidity from their
postpetition financing to provide funding needed by their many
foreign Non-Debtor Affiliates, whose operations are integral to the
Debtors' Core Businesses, to continue to operate in the ordinary
course outside of any insolvency proceedings."

At the request of Westinghouse, Toshiba provided an emergency
funding to Non-Debtor Affiliate WEC UK on Jan. 17, 2017, in the
amount of $650 million, and then  to WEC of approximately $250
million in early February.  This additional liquidity allowed the
Debtors to continue to consider options as well as begin
contingency planning for a potential Chapter 11 filing.  In an
effort to alleviate some of the pressures that Westinghouse faced
in the U.S. and abroad, the Company and Toshiba discussed the
possibility of additional emergency funding from Toshiba.  As talks
progressed into March 2017, however, Toshiba stated it could not
provide additional funding without collateral, including
potentially through debtor-in-possession funding to WEC U.S. in
Chapter 11.  

                 Construction Delays & S&W Acquisition

According to Ms. Donahue, regulatory changes including ones
stemming from the Sept. 11, 2001, terrorist attacks in the United
States, led to additional U.S. Nuclear Regulatory Commission
requirements for reactor design and licensing.  Between 2009 and
2011, after the construction agreements had already been executed,
the NRC requested additional design changes to the AP1000.  These
new requirements and safety measures created additional,
unanticipated engineering challenges that resulted in increased
costs and delays on the U.S. AP1000 Projects and other AP1000
projects worldwide.  These design changes delayed issuance of a
combined license to start the U.S. AP1000 Projects until early
2012.

Ms. Donahue related that as construction progressed, disputes arose
between the owners of Vogtle and VC Summer and the plant
constructors regarding the pace of the projects and which parties
bore the ultimate responsibility for cost increases.  The Owners
and a consortium of CB&I Stone & Webster, Inc. (the nuclear
engineering company that was responsible for the physical
construction of the plant) and WEC (the company responsible for the
design, manufacture, and procurement of the nuclear reactor, steam
turbines, and generators) alleged claims against each other, and
the Vogtle Owners commenced litigation against Westinghouse, S&W,
and Chicago Bridge & Iron Company -- the owner of S&W.  Southern
Company, on behalf of the Vogtle Owners, commenced a declaratory
judgment suit regarding additional costs deriving from regulatory
change, and the Company believed there was a risk that litigation
could commence with SCANA Corporation, for itself and as agent for
the South Carolina Public Service Authority, as well.  The
deteriorating situation also created risk of claims between
Westinghouse and S&W regarding the allocation of increased costs.

To resolve existing and potential litigation, WEC considered the
feasibility of acquiring S&W.  On Oct. 27, 2015, a wholly-owned WEC
subsidiary created to acquire S&W, WSW Acquisition Co., LLC,
entered into a purchase agreement to acquire S&W from CB&I.  The
S&W Purchase Agreement provided for a purchase price at closing of
$0, subject to a Purchase Price determination process specified in
the Purchase Agreement, and with the prospect of deferred payments
in the future.  The Deferred Purchase Price, the Net Proceeds
Earnout Amounts, and the Milestone Payments constituted deferred
consideration that might be received over time -- resulting in a
headline price of $229 million for the acquisition.

As part of the consideration for acquiring S&W, Westinghouse
generally agreed to assume S&W's current and future liabilities
relating to the U.S. AP1000 Projects, including any liabilities
that might arise from the cost overruns on the U.S. AP1000
Projects.  The transaction closed on Dec. 31, 2015.

Westinghouse entered into settlement agreements with the Owners of
both U.S. AP1000 Projects, resulting in increases to the EPC
Agreement prices and significant schedule relief.  Following
Westinghouse's acquisition of S&W, construction workers employed by
S&W were transferred to  Fluor Corporation -- a U.S.-based global
engineering and construction company with knowledge and experience
in nuclear plant construction -- which was directly responsible for
construction work and site management at the project sites.  With
Fluor on board, WEC believed the construction of the U.S. AP1000
Projects would improve.

In addition to the U.S. AP1000 Projects, four AP1000 reactors are
currently being constructed in Sanmen and Haiyang, China based on
2007 agreements between Westinghouse and China's State Nuclear
Power Technology Corp.  The two AP1000 reactors at Sanmen (south of
Shanghai, China), as well as the two AP1000 reactors at Haiyang,
were expected to go online in 2013 and 2014.  As of the Petition
Date, construction at the Sanmen nuclear power plant continues, and
the Company expects the first AP1000 unit to come online in late
2017 or early 2018.  Similarly, the construction of the AP1000
reactors at the Haiyang power plant are ongoing, and Westinghouse
expects the first unit at that location to come online in late 2017
or early 2018.

          Interim Agreements Reached with Project Owners

Pursuant to short-term agreements with the Owners of Vogtle and VC
Summer, the Debtors and the Owners will explore the continued
feasibility of those projects in a manner that is cost-neutral and
cash-neutral to the Debtors.  The ultimate resolution of the
Debtors' involvement in these projects remains uncertain, but the
Debtors' Chapter 11 cases will remove the threat that the
construction cost increases pose to the Debtors' ability to operate
their Core Businesses.

As Westinghouse worked to buy itself time and stretch its limited
liquidity, it also negotiated with the Owners in an effort to
achieve a limited breathing spell on the projects.  These
negotiations resulted in the two short-term settlements reached
with the VS Summer Owners and the Vogtle Owners.  These agreements
ultimately permit the Debtors and the Owners to continue
negotiations for up to the first 30 days of the Chapter 11 cases in
order to explore and assess scenarios for the potential resolution
of the U.S. AP1000 Projects.

After back-and-forth negotiations in the weeks before the Petition
Date, the Debtors were able to reach a settlement with the VC
Summer Owners on the Summer Reactors on March 28, 2017, pursuant to
the Interim Assessment Agreement.  Concurrently, the Debtors
negotiated with the Vogtle Owners for a similar arrangement on the
Vogtle Reactors, eventually executing the Interim Assessment
Agreement on March 29, 2017.  Both Interim Assessment Agreements
are effective as of the commencement of these Chapter 11 cases.

The Interim Assessment Agreements give their respective Owners,
WEC, and WECTEC through the earlier of (a) April 28, 2017, or (b)
termination of the other Owners' Interim Assessment Agreement to
work out a long-term solution to the issues related to the
construction of the U.S. AP1000 Projects.  Further, upon five
business days' notice, any of Owners has the right to elect to
terminate their respective Interim Assessment Agreement.

Pursuant the Agreements, the Owners have agreed to the following
key terms during the Interim Assessment Periods:

   a. the Owners will be obligated to pay all amounts incurred by  

      the Debtors for work performed by subcontractors and vendors
      on a go-forward basis in connection with completion of the
      Owners' respective projects;

   b. the Owners will each have the right, but not the obligation,
      to pay subcontractors and vendors with prepetition amounts
      owed by the Debtors in respect of their projects; and

   c. the Owners will pay the Debtors amounts calculated by the
      Debtors to cover their costs for scope of services,
      including design engineering, field engineering, equipment
      and commodities procurement, construction management,
      commissioning, project management, project controls, project
      site services, licensing, quality assurance, environment
      safety and health, information technology, and records
      management, provided by the Debtors.

During the Interim Assessment Periods, construction will continue
on the U.S. AP1000 Projects.  

                   About Westinghouse Electric

Westinghouse Electric Company LLC --
http://www.westinghousenuclear.com/-- is a U.S. based nuclear
power company founded in 1999 that provides design work and
start-up help for new nuclear power plants and makes many of the
components.  Westinghouse manufactures and supplies the commercial
fuel products needed to run the plants, and it offers training,
engineering, maintenance, and quality management services.  Almost
50% of nuclear power plants around the world and about 60% of U.S.
plants are based on Westinghouse's technology.  Westinghouse's
world headquarters are located in the Pittsburgh suburb of
Cranberry Township, Pennsylvania.  

On Oct. 16, 2006, Westinghouse Electric was sold for $5.4 billion
to a group comprising of Toshiba (77% share), partners The Shaw
Group (20% share), and Ishikawajima-Harima Heavy Industries Co.
Ltd. (3% share).  After purchasing part of Shaw's stake in 2013,
Japan-based conglomerate Toshiba obtained ownership of 87% of
Westinghouse.

Amid cost overruns at U.S. nuclear reactors it was building,
Westinghouse Electric Company LLC, along with 29 affiliates, filed
voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code (Bankr. S.D.N.Y. Case No. 17-10751) on March
29, 2017.

In their petition, the Debtors listed total assets of $4.32 billion
and total liabilities of $9.39 billion as of Feb. 28, 2017.  

The petitions were signed by AlixPartners' Lisa J. Donahue, chief
transition and development officer.

The Hon. Michael E. Wiles presides over the cases.  Gary T.
Holtzer, Esq., Robert J. Lemons, Esq., Garrett A. Fail, Esq., and
David N. Griffiths, Esq., at Weil, Gotshal & Manges LLP, serve as
counsel to the Debtors. Toshiba Nuclear Energy Holdings (UK) Ltd.
is represented by Albert Togut, Esq., Brian F. Moore, Esq., and
Kyle J. Ortiz, Esq., at Togut, Segal & Segal LLP.  AlixPartners
LLP
serves as the Debtors' financial advisor.  The Debtors' investment
banker is PJT Partners Inc.  Their claims and noticing agent is
Kurtzman Carson Consultants LLC.



WILLIAM IPPOLITO: Staten Island Property Auction on May 22
----------------------------------------------------------
Judge Carla E. Craig of the U.S. Bankruptcy Court for the Eastern
District of New York will convene a hearing on April 20, 2017 at
11:00 a.m. to consider William S. Ippolito's public auction sale of
real property located at 484 Sharrotts Road, Staten Island, New
York ("Investment Property").

Objections, if any, to the relief requested must be filed no later
than 7 days prior to the hearing date.

The Debtor is an individual who is a Vietnam Veteran.  The Debtor
owns three parcels of property: (i) Investment Property; (ii) 492
Sharrotts Road, Staten Island, New York; and (iii) a vacant lot
located at Block 7328 Lot 363 in Staten Island, New York.

The Debtor's bankruptcy filing was precipitated by the foreclosure
sale of his Investment Property and his desire to propose a
confirmable plan of reorganization to repay his debts.

National Loan Investors, L.P. filed a Motion for Relief from the
Automatic Stay with regards to the Mortgage they hold on the
Debtor's Investment Property on Jan. 13, 2017 and is claiming that
$917,184 is owed on the Investment Property to National.  NYCTL
1998-2 Trust, and the Bank of New York Mellon as Collateral Agent
and Custodian for the NYCTL 1998-2 Trust.

In an effort to resolve the amounts owed on the Debtor's Investment
Property and seek to obtain the highest value of the Debtor's
building, subject to Court approval, the Debtor is looking to sell
his Investment Property.

By application dated March 9, 2017, the Debtor asks the entry of an
Order employing Casandra Properties Inc. as Real Estate Broker for
the Debtor and as its broker to market the Investment Property and
conduct a public auction sale of the Debtor's Investment Property
on May 22, 2017 ("Auction Sale").

The salient terms of the Terms and Conditions of Sale are:

   a. Auction: May 22, 2017 at 10:00 a.m. at the Conrad B.
Duberstein U.S. Courthouse, Bankruptcy Court for the Eastern
District of New York, 271 Cadman Plaza East, Brooklyn, New York

   b. Qualifying Deposit: $150,000

   c. Deposit: Qualifying Deposit plus 6% Buyer's Premium

   d. Closing Date: June 20, 2017

The Debtor submits that the proposed Terms and Conditions of Sale
are reasonably designed to ensure that the Debtor's estate received
the maximum benefit available from the sale of the Investment
Property and therefore warrants Court approval.

A copy of the Terms and Conditions of Sale attached to the Motion
is available for free at
http://bankrupt.com/misc/William_Ippolito_43_Sales.pdf

Upon the Court's entry of an Order, he will cause a "Notice to
Creditors and Other Parties in Interest of Debtor's Intended Sale"
("Notice of Sale") to be filed with the Court and served on the
Office of the United States Trustee, all known creditors of the
Debtor, and all known parties with an interest in the Debtor's
Building.  The Notice of Sale provides notice to all interested
parties of all the Debtor's intended Auction Sale of the Debtor's
Building, the date, time and location of the Auction Sale, the
terms and conditions of the Auction Sale, and the deadline for
objections to be filed to the Auction Sale.

The Debtor has used its sound business judgment to determine that
sale of the Investment Property at the scheduled Auction Sale is
appropriate and in the best interest of the Debtor's estate.  The
Debtor has a duty to maximize the value of its assets for the
benefit of the estate and its creditors and the Debtor believes
that it will obtain the highest value for the benefit of the estate
and its creditors through the sale of the Investment Property
through the Auction.  The Secured Creditors holding liens against
the Investment Property have not objected to an expedited sale of
the Investment Property, subject to Court approval.

Cassandra is ready to immediately market the Investment Property
for sale and will continue to market the Investment Property and
the Auction Sale.

At the hearing to consider the Auction Sale, the Debtor will seek
authorization to distribute, without further order of the Court,
the net proceeds of the sale of the Investment Property to the
secured creditors in reduction of, and up to the amount owed to the
secured lenders liens.

The proposed sale of the Investment Property is both necessary and
appropriate and in the best interest of the Debtor's estate and its
creditors.  Accordingly, and for the reasons set forth, the Debtor
asks the Court to approve the Auction Sale of the Investment
Property on "as is, where is," with all faults, basis, free and
clear of all Liens in accordance with the Terms and Conditions of
Sale.

Counsel for the Debtor:

          Rachel S. Blumenfeld, Esq.
          THE LAW OFFICES OF RACHEL S. BLUMENFELD PLLC
          26 Court Street, Suite 2220
          Brooklyn, NY 11242
          Telephone: (718) 858-9600
          Facsimile: (718) 858-9601

William S. Ippolito filed a voluntary petition for relief under
chapter 13 of the Bankruptcy Code on Dec. 13, 2016.  The Debtor's
case was converted to a case under chapter 11 of the Bankruptcy
Code on Feb. 28, 2017.


WILLIAMSON & WILLIAMSON: Wants to Use Sanders/Pinnacle Cash Coll.
-----------------------------------------------------------------
Williamson & Williamson Farms Partnership asks the U.S. Bankruptcy
Court for the Northern District of Mississippi to authorize the use
of cash collateral of Pinnacle Agriculture Distribution, formerly
known as Jimmy Sanders, Inc. ("Sanders/Pinnacle") on an interim and
final basis to fund the farming operation.

Pursuant to Proof of Claim filed in the matter on June 27, 2016, by
Pinnacle Agriculture Distribution, Inc., the sum of $1,498,415 was
owed by the Debtor to Sanders/Pinnacle, as of Feb. 26, 2016, being
the filing date of the Debtor's voluntary petition.  The entire
indebtedness is claimed as secured pursuant to various notes,
security agreements and UCC filings attached as exhibits to said
Proof of Claim; however, pursuant to prior order of the Court
entered on April 15, 2016, Sanders/Pinnacle is currently secured by
a second position lien on the Debtor's rice in storage from the
2016 crop valued at approximately $120,000, and a second position
lien on the Debtor's 2016 FSA payments valued in the approximate
sum of $167,708, as well as a security interest in 320 acres, more
or less, of hunting land owned by Ricky Williamson individually.

In addition, Sanders/Pinnacle holds a third position lien on all of
the Debtor's equipment, valued at $1,935,900, pursuant to an
appraisal dated Feb. 25, 2016, conducted by Benny Taylor, CAGA,
Taylor Auction & Realty.  The first lienholders on said equipment
are the initial equipment dealer/finance companies, and their liens
total the sum of $479,329.  The second lienholder, State Bank &
Trust Co., has a secured debt owing it in the current sum of
approximately $606,955, plus accrued interest.  To the extent that
Sanders/Pinnacle may not be adequately protected, the Debtor offers
a second/third position replacement lien on the 2017 crop.

The Debtor is in the business of raising and marketing row crops,
and presently has in storage rice from the 2016 crop valued at
approximately $120,000 and is due 2016 FSA Payments valued in the
approximate sum of $167,708, both of which constitute cash
collateral, and on which Sanders/Pinnacle now has a second lien.

The Debtor asks an order authorizing the interim and permanent use,
in the ordinary course of the business, of any and all assets,
income, receivables, rents, and proceeds received from or on
account of its prepetition and postposition business operations,
including without limitation, proceeds, products, rents, or profits
of such property ("Cash Collateral").

The Debtor requires use of Cash Collateral to fund the farming
operation as shown on the Budget.  The Debtor is entitled to an
opportunity to reorganize and thereby fulfill the purpose of its
business existence – the farming of row crops.  The Debtor's use
of Cash Collateral in the form proceeds from sale of rice in
storage, FSA payments, and loan proceeds, is necessary to
accomplish these goals.

The Budget contemplates total projected income in the amount of
$1,491,298 and total projected expenses in the amount of $958,595.

The Debtor believes that the creditor, Sanders/Pinnacle's,
purported interest in the Cash Collateral is adequately protected
by the equity cushion which exists on the property and to the
extent it is not protected, then a second/third position on the
2017 crop.

The Debtor requires the use of all of the crop proceeds and FSA
payments in order to continue and maintain its farming operation on
a profitable basis, and in the ordinary course of business, more
crops will be generated.  The Debtor re-alleges that there is an
adequate equity cushion in equipment, and in the Debtor's 2017
crop, to totally secure Sanders/Pinnacle's position.  The Debtor's
efforts and use of Cash Collateral should preserve and enhance the
value of its overall business without diminishing the value of the
secured creditors' purported interest in the prepetition
collateral, including Cash Collateral.

The Debtor has limited funds with which to preserve and protect its
assets or to operate its businesses absent the relief requested.
Therefore, the Debtor asks that the Court schedules a preliminary
hearing to consider the immediate use of Cash Collateral in
accordance with the Interim Budget pending a final hearing on the
Motion.  The Debtor further asks that the Court schedule a final
hearing to approve the use of the Cash Collateral, pursuant to the
full Budget appended hereto, as soon as practicable after 15 days
of the Motion.

The Debtor asks that the Court enters its Order (i) authorizing it
to sell the rice currently in storage valued at approximately
$120,000 and to use the Cash Collateral derived therefrom; (ii)
ordering Sanders/Pinnacle to release to the Debtor the 2017 FSA
payments in the approximate sum of $167,708; and (iii) authorizing
the Debtor to use said payments as stated.

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

    
http://bankrupt.com/misc/msnb16-10671_240_Cash_Williamson_&_Williamson_Farms.pdf

            About Williamson & Williamson Farms Partnership

Williamson & Williamson Farms Partnership sought Chapter 11
protection (Bankr. N.D. Miss. Case No. 16-10671) on Feb. 26, 2016.
The petition was signed by Ricky D. Williamson, partner.  The
Debtor estimated assets at $2.59 million and liabilities at $2.10
million.

Judge Neil P. Olack is assigned to the case.

The Debtor tapped Jeffrey A. Levingston, Esq., at Levingston &
Levingston, PA, as counsel.


WILLIAMSON & WILLIAMSON: Wants to Use State Bank Cash Collateral
----------------------------------------------------------------
Williamson & Williamson Farms Partnership asks the U.S. Bankruptcy
Court for the Northern District of Mississippi to authorize the use
of cash collateral of State Bank & Trust Co. on an interim and
final basis to fund the farming operation.

Prior to the 2016 crop year, an approximate sum of $897,406, plus
accrued interest, was owed by the Debtor to State Bank.  The said
balance has since been reduced by Debtor in the sum of $290,451
leaving an approximate total sum of $606,955, plus accrued
interest, currently owing by the Debtor to the State Bank.  Said
indebtedness is secured by a "second lien on the 2016 crops, crop
proceeds, government payments, and crop insurance behind Agrifund,
LLC"; a second lien on the Debtor's equipment valued at $1,935,900
pursuant to an appraisal dated Feb. 25, 2016, conducted by Benny
Taylor, CAGA, Taylor Auction & Realty; and a "first lien for
$340,200 on the individual Debtors' homestead and 30 acres (more or
less)" pursuant to prior order of the Court entered on April 15,
2016.

The Debtor is in the business of raising and marketing row crops,
and presently has in storage rice from the 2016 crop valued at
approximately $120,000 and is due 2016 FSA payments valued in the
approximate sum of $167,708, both of which constitute cash
collateral, and on which State Bank now has a first lien.

Additionally, there is a motion pending before the Court scheduled
for hearing in Greenville, Mississippi, on April 20, 2017, at 11:00
a.m. seeking compromise and settlement of a lawsuit filed by
Mississippi Farm Bureau Casualty Insurance Co. against the
individual debtor, Ricky D. Williamson, regarding a rice damage
claim.  Said settlement may yield approximately $133,333 which
could be used to further reduce the indebtedness owing to State
Bank.

The Debtor seeks an order authorizing the interim and permanent
use, in the ordinary course of the business, of any and all assets,
income, receivables, rents, and proceeds received from or on
account of its prepetition and postposition business operations,
including without limitation, proceeds, products, rents, or profits
of such property ("Cash Collateral").

The Debtor requires use of Cash Collateral to fund the farming
operation as shown on the Budget.  The Debtor is entitled to an
opportunity to reorganize and thereby fulfill the purpose of its
business existence – farming of row crops.  The Debtor's use of
Cash Collateral in the form of proceeds from sale of rice in
storage, FSA payments, lawsuit settlement proceeds and loan
proceeds, is necessary to accomplish these goals.

The Budget contemplates total projected income in the amount of
$1,491,298 and total projected expenses in the amount of $958,595.

The Debtor believes that the creditor, State Bank's, purported
interest in the Cash Collateral is adequately protected by the
equity cushion which exists in the Debtor's equipment, the house
and 30 acres of land owned by Ricky and Cindy Williamson
individually, and an additional one-half interest in 320 acres,
more or less, of hunting land owned by Mr. Williamson
individually.

The Debtor requires the use of all of the crop proceeds and FSA
payments in order to continue and maintain its farming operation on
a profitable basis, and in the ordinary course of business, more
crops will be generated.  The Debtor re-alleges that there is an
adequate equity cushion in equipment, house and land, and in the
Debtor's 2017 crop, to totally secure State Bank's position.  The
Debtor's efforts and use of Cash Collateral should preserve and
enhance the value of its overall business without diminishing the
value of the secured creditors' purported interest in the
prepetition collateral, including Cash Collateral.

The Debtor has limited funds with which to preserve and protect its
assets or to operate its businesses absent the relief requested.
Therefore, the Debtor asks that the Court schedules a preliminary
hearing to consider the immediate use of Cash Collateral in
accordance with the Budget pending a final hearing on the Motion.
The Debtor further asks that the Court schedules a final hearing to
approve the use of the Cash Collateral, pursuant to the full Budget
as soon as practicable after 15 days of the Motion.

The Debtor asks that the Court enters its Order (i) authorizing the
Debtor to sell the rice currently in storage valued at
approximately $120,000 and to use the Cash Collateral derived
therefrom; (ii) ordering State Bank to release to the Debtor the
2016 FSA payments in the approximate sum of$167,708; and (iii)
authorizing the Debtor to use said payments as stated.

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

    
http://bankrupt.com/misc/msnb16-10671_239_Cash_Williamson_&_Williamson_Farms.pdf

         About Williamson & Williamson Farms Partnership

Williamson & Williamson Farms Partnership sought Chapter 11
protection (Bankr. N.D. Miss. Case No. 16-10671) on Feb. 26, 2016.
The petition was signed by Ricky D. Williamson, partner.  The
Debtor estimated assets at $2.59 million and liabilities at $2.10
million.

Judge Neil P. Olack is assigned to the case.

The Debtor tapped Jeffrey A. Levingston, Esq., at Levingston &
Levingston, PA, as counsel.



WK CAPITAL: Golden Child Buying Assets for $2 Million
-----------------------------------------------------
WK Capital Enterprises, Inc., and affiliates ask the U.S.
Bankruptcy Court for the District of Kansas to authorize the sale
of assets to Golden Child Holdings, LLC ("GCH") for $2,000,000,
subject to overbid.

A hearing on the Motion is set for April 20, 2017 at 1:30 p.m.
(CDST).  The objection deadline is April 18, 2017 at 5:00 p.m.
(CDST).

WK is the 100% owner of three operating Pizza Hut entities, Capital
Pizza Huts, Inc., Capital Pizza Huts of Vermont, Inc. and Capital
Pizza of New Hampshire, Inc. ("Operating Entities").

Although the Debtors operate 56 Pizza Hut restaurants in 6 states,
the central business office location for the operation of the 56
restaurants is at 3445 North Webb Road, Wichita, Kansas.  This
corporate location in Wichita recently sold pursuant to orders of
the Court.  The President of the Debtors, Kenneth J. Wagnon,
maintains his office and conducts business in Wichita, Kansas.

Virtually all of the business records of the Debtors are located in
Wichita, Kansas.  The Operating Entities' contracts for
administrative services, which are performed in Wichita, Kansas,
are with WK.  The Operating Entities collectively operate and hold
title to 56 Pizza Hut stores.  The Debtors have approximately 1,400
employees (56 stores x 25 employees).  Three of the 56 operating
stores are held in fee title by their respective entities.  

The remainder of the stores are leased from various lessors, plus
the closed Gorham, New Hampshire location.  INTRUST Bank, N.A., has
a mortgage lien upon the four stores held in fee title.

The Operating Entities are delinquent in the payment of one-half of
the January 2017 rent, but have paid all rent due prior to Jan. 1,
2017, with one exception.  The Court entered an Order deferring
payment of all post-petition rent until March 22, 2017.  Currently
the Debtors have paid the second half of January 2017 rent and the
full month of February 2017 rent and will pay the full month's
March 2017 and April, 2017 rents prior to the hearing on the
Motion.

CPR recently completed a sale prepetition of 16 restaurants located
in the state of New Jersey.

The bankruptcy was caused, in part, by declining gross sales and
increasing food costs.  The Operating Entities attempted to sell
their stores prior to the filing of the bankruptcy to a third party
purchaser.  That sale fell through when the buyer withdrew from the
sale, necessitating the filing of the bankruptcy.  After the sale
fell through, the Debtors' principal secured lender, INTRUST Bank
began returning checks from the Debtors' bank accounts due to the
accounts being overdrawn.

The Court previously approved bid procedures pursuant to the motion
for approval of bid procedures filed March 9, 2017 ("Bid Procedures
Motion"), and pursuant to the terms of an Order approving bid
procedures filed March 28, 2017 ("Bid Procedures Order").
Any competing bid offered pursuant to the Motion must comply with
the provisions of the Bid Procedures Order as amending the Bid
Procedures Motion, together with all other terms of the Bid
Procedures Motion incorporated by reference in the Bid Procedures
Order.

The Debtors are in the business of owning and operating Pizza Hut
franchise restaurants in six states: Maine, New Hampshire, Vermont,
Tennessee, North Carolina and Virginia.  They have received an
offer to purchase from GCH for the purchase price of collectively
$2,000,000 in cash, plus the Debtors' actual cost (inventory costs
of inventory), all assumed liabilities under the assumed contracts
from and after closing, and all earned and unused vacation or
personal day pay due the employees as of the closing date.  The
assets to be conveyed are as set forth in paragraph 1.1 of the
Asset Purchase Agreement filed of record with the Court as amended
and may be subsequently amended and restated in a Second Amended
Asset Purchase Agreement that may be filed of record subsequent to
the filing of the Motion, but on April 4, 2017.

A condition of the sale contemplated by the APA to GCH, or any
successful higher bidder under the terms of the Bid Procedures
Order, the purchaser will assume such leases as it determines in
its business judgment pursuant to a lease assumption and
assignment, and will provide to lessor the financial and business
information required under the Bid Procedures Order.

The Debtors intend to cure any outstanding deficiency or default in
payment for any lease assigned from the proceeds of sale.  It is
contemplated that at closing the lessor will receive the delinquent
pre-petition rent accruing for the first half of January 2017 that
has not been paid.  The Debtors were required to cure outstanding
post-petition defaults with all landlords by March 22, 2017, and
have cured such defaults.  The separate motion to assume will
address the terms, conditions and amendments requested for
assumption and assignment.

The Debtors are further required to make timely payments of all
lease payments through the time of the closing or the rejection of
any lease.  Rent for the month of May 2017, will be prorated as of
the date the purchaser assumes title to the property, May 17, 2017.
GCH, or any successful third party bidder, will be required to
additionally provide adequate assurance of future performance under
existing leases to any lessor.

INTRUST Bank, and any other holder of any lien, claim or
encumbrance against the Assets, will have their liens attach to the
net proceeds of sale, after deductions of expenses set forth.  It
is not anticipated there will be significant sums remaining after
the expenses are paid as outlined.

The Debtors ask that the sale of the Assets be made free and clear
of all liens, claims, encumbrances and interests.  They further ask
to have the Court retain jurisdiction after closure or dismissal of
the case to enforce the sale free and clear of any prepetition
lienholder who attempts to enforce its lien on the property against
any purchaser of Assets under the APA transferred with the APA.

In view of the requirement in the APA that the closing date occur
on May 12, 2017, and considering the good faith of GCH, or any
successful third party bidder, and the reasonableness of the
Purchase Price, the Debtors ask that the Court finds that good
cause exists to authorize the consummation of the sale of the
Assets, the assumption and assignment of contracts as contemplated
by the APA and the Order authorizing the Sale Order, and the
rejection of executory contracts and unexpired leases contemplated
by the APA and the Sale Order.

The Debtors ask that the Court finds that the terms and conditions
of the APA are an integral part of the sale of the Assets.  They
ask authorization to escrow, set aside, deduct and distribute the
purchase price in accordance with the Sale Order.  

At closing, the sale proceeds will be used to:

    a. Pay an agreed upon payment to INTRUST Bank in satisfaction
of its secured claim upon the furniture, fixtures and equipment
located in the 53 Pizza Hut restaurants, or such amount as the
Court may determine;

    b. Payment of INTRUST Bank's Adequate Protection Claim for
agreed upon value of inventory valued as of the petition date at
$93,333 and pre-petition cash as of the petition date in store
banks, cash in bank, account numbers ***3895, 0974, 0982, 3771,
8627 and 30800;

    c. With respect to McLane Foodservice, Inc., the purchase price
will be reduced on a dollar-for-dollar basis by the amount of debt
assumed by GCH pursuant to a Debt Assumption Agreement between GCH
and McLane Foodservice, Inc.  The delinquent payment due to McLane
Foodservice is currently estimated in the amount of up to
$773,584;

    d. The purchase price will be reduced on a dollar-for-dollar
basis by the amount of debt of Debtors assumed at closing pursuant
to any assume cures for leases or executory contracts.  Outstanding
payment of pre-petition rent due on any leases currently estimated
in the amount of $161,000;

    e. Pay any wages, employee benefits and employee withholding
taxes currently estimated in the sum of $600,000;

    f. Pay obligations due under any sales tax estimated in the
amount of $270,000;

    g. Pay administrative expenses, including legal fees and
expenses in a sum up to $80,000 and United States Trustee fees;
and

    h. Disburse any remaining proceeds to remaining unpaid
administrative expenses of the estate.

The Debtors estimate that the purchase of inventory reimbursal of
store bank balances and the credit for pro-rated rent due
post-closing, together with the $2,000,000 initial purchase price
will be sufficient to meet these obligations.  To the extent that
the sale proceeds are inadequate to satisfy expenses set forth, the
Debtors will use the remaining proceeds in its operating account to
pay such sums consistent with its cash collateral budget and orders
approving the use thereof.

Since the Debtor is satisfying the adequate protection claim and
replacement lien under the cash collateral order(s), any remaining
funds may be used by the Debtor to satisfy the unpaid
administrative expenses.  The remaining funds held in the Debtors'
DIP operating account will be disbursed for the payment of any
other necessary post-petition windup expenses and those expenses
necessary to consummate the sale consistent with the terms of the
APA.

The Debtors ask the Court to enter an Order authorizing them to
consummate the sale of the Assets and the rejection of executory
contracts, the Motion and the APA immediately, without the Sale
Order being subject to an automatic stay, as permitted under Fed.
R. Bankr. P. 7062 and 6004(h) or otherwise.  Further, in any
instance where the automatic stay is terminated pursuant to the
provisions of the Motion, then Fed. R. Bankr. P. 4001(a)(3) will
not apply.

A copy of the list of contracts and lessors attached to the Motion
is available for free at:

       http://bankrupt.com/misc/WK_Capital_237_Sales.pdf

                  About WK Capital Enterprises

WK Capital Enterprises, Inc., and its subsidiaries Capital Pizza
Huts, Inc., Capital Pizza Huts of Vermont, Inc., Capital Pizza of
New Hampshire, Inc. are operators of 56 Pizza Hut restaurants in
six states.  The central business office location for the
operation
of the 56 restaurants is at 3445 North Webb Road, Wichita Kansas.

WK Capital Enterprises and its three units sought Chapter 11
protection (Bankr. D. Kan. Case Nos.  17-10073 to 17-10076) on
Jan. 23, 2017.  The petitions were signed by Kenneth Jay Wagnon,
president.  WK Capital disclosed $1.82 million in total assets and
$19.52 million in liabilities.  

The Debtors tapped Edward J. Nazar, Esq., of Hinkle Law Firm LLC
as bankruptcy counsel and Dan W. Forker, Jr., Esq., at Forker
Suter Robinson & Bell LLC as co-counsel.  The Debtors hired
Bradley Tidemann and JP Weigand & Sons, Inc., as their realtor;
and Robert L. Simmons of MarshallMorgan, LLC, as broker.

No trustee has been appointed in the case.


YODER REAL ESTATE: Disclosures Approved; May 4 Plan Hearing
-----------------------------------------------------------
Judge Richard E. Fehling of the U.S Bankruptcy Court for the
Eastern District of Pennsylvania approved the disclosure statement
referring to a chapter 11 plan filed by Yoder Real Estate
Partnership on Feb. 24, 2017.

April 26, 2017, is set as the last date by which ballots must be
received in order to be considered as acceptances or rejections of
the Plan.

The hearing on confirmation of the Plan will be held in Courtroom
No. 1, U.S. Bankruptcy Court, 400 Washington Street, Reading, PA on
May 4, 2017, at 11:00 a.m.

The Troubled Company Reporter previously reported that under the
plan, general unsecured creditors will recover approximately 25%.
The funds necessary for the implementation of the Plan will be from
any remaining proceeds of the Stone Harbor property refinancing and
from the Debtor's Net Income over a 5-year period, on a quarterly
basis.  

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

          http://bankrupt.com/misc/paeb15-11569-167.pdf

Headquartered in Kutztown, PA, Yoder Real Estate Partnership filed
for Chapter 11 protection (Bankr. E.D. Pa. Case No.: 15-11569)on
March 5, 2015, estimating its assets and liabilities at $1 million
to $10 million. The petition was signed by William W. Yoder,
managing general partner.


YORK RISK: Moody's Retains Caa1 CFR Amid Incremental $50MM Loan
---------------------------------------------------------------
Moody's Investors Service maintains the Caa1 corporate family
rating and Caa1-PD probability of default rating of York Risk
Services Holding Corp. following the company's recent closing of an
incremental $50 million term loan under its senior secured credit
facility (rated B3). Net proceeds from the offering are being used
to repay borrowings under its existing revolving credit facility,
which will increase the company's liquidity for working capital
needs and potential tuck-in acquisitions. The outlook for the
ratings remains stable.

RATINGS RATIONALE

York's ratings reflect its expertise in claims management and
managed care services relating to workers' compensation, especially
for public entities. The company ranks among the top third-party
claims administrators in the US, maintains a diversified client
base with good geographic diversification, and benefits from
relatively high client switching costs which support good customer
retention. Organic revenue growth in 2016 was 3.5% as York focuses
on growing its core business and cross-selling additional services
to existing clients.

Offsetting these strengths are York's aggressive financial leverage
and low interest coverage, although the company's metrics improved
during 2016 as restructuring and investment initiatives to reduce
costs and improve sales and operating effectiveness begin to
emerge. York's EBITDA margin increased to the mid-teens (per
Moody's calculations) over the past few quarters, reflecting
increased revenues and productivity enhancements. Moody's estimates
that the company's debt-to-EBITDA ratio was in excess of 8x at
year-end 2016 after giving effect to standard accounting
adjustments plus other adjustments for costs that the rating agency
views as non-recurring. York's (EBITDA - capex) interest coverage
on this basis was around 1x, and its free cash flow to debt was
weak. However, Moody's believes that York has sufficient liquidity
to meet near-term obligations as it continues to improve its
operating results.

Factors that could lead to an upgrade of York's ratings include:
(i) successful management actions to restore EBITDA margins, (ii)
debt-to-EBITDA ratio declining below 7.5x, (ii) (EBITDA - capex)
coverage of interest exceeding 1.2x, and (iii)
free-cash-flow-to-debt ratio exceeding 2%. Furthermore, the senior
secured credit facility ratings could be upgraded if these
borrowings decline and become a smaller proportion of the capital
structure relative to York's senior unsecured notes.

Factors that could lead to a rating downgrade include: (i)
debt-to-EBITDA ratio remaining above 9x on a sustained basis, (ii)
(EBITDA - capex) coverage of interest below 1x, or (iii) negative
free cash flow.

Moody's maintains the following ratings (and loss given default
(LGD) assessments):

Corporate family rating at Caa1;

Probability of default rating at Caa1-PD;

$100 million senior secured revolving credit facility ($56 million
drawn as of December 31, 2016 before expected repayment), maturing
in October 2019 at B3 (LGD3);

$638 million (including $50 million incremental borrowing)
outstanding senior secured credit facility term loans, including
delayed draw, maturing in October 2021 at B3 (LGD3);

$315 million (includes debt issuance costs) senior unsecured notes
maturing in October 2022 at Caa3 (LGD5).

The principal methodology used in these ratings was Insurance
Brokers and Service Companies published in December 2015.

Based in Parsippany, NJ, York provides claims services, specialized
loss adjusting, managed care, pool administration and loss control
to the insurance services industry. York generated total revenues
of $745 million in 2016.



ZUCKER GOLDBERG: US Trustee, et al., Try to Block Disclosures OK
----------------------------------------------------------------
Acting U.S. Trustee Andrew R. Vara, and creditors Michael J.
Ackerman, Esq., and Carolyn Bailey each filed with the U.S.
Bankruptcy Court for the District of New Jersey objections to
Zucker, Goldberg & Ackerman, LLC's disclosure statement in support
of the Debtor and the creditors committee's joint plan of orderly
liquidation.

The Objections are available at:

        http://bankrupt.com/misc/njb15-24585-793.pdf
        http://bankrupt.com/misc/njb15-24585-804.pdf
        http://bankrupt.com/misc/njb15-24585-797.PDF

Melissa Daniels, writing for Bankruptcy Law360, relates that the
Debtor and its unsecured creditors jointly filed the proposed Plan,
which seeks to liquidate all of the Debtor's assets and distribute
the proceeds to creditors.  The creditors, according to Law360, had
in January 2016 objected to a previous proposed liquidation plan,
calling it an ill-conceived attempt by the Debtor's current
leadership to retain control.

The U.S. Trustee complains that, among others:

     (i) the itemization of the plan administrator's powers/duties

         appears in the Plan but is not restated in the Disclosure

         Statement;

    (ii) the Plan provides that "each holder of an Allowed
         General Unsecured Claim shall receive a Pro Rata share of

         any Third Party Provider Recoveries," but it does not
         appear that the description of treatment of unsecured
         creditors in the Disclosure Statement includes a
         discussion of the potential recovery.  It is respectfully

         asserted that a brief introduction of the possibility of
         Third Party Provider Recoveries for unsecured creditors,
         as well the Third Party Provider Election Form process
         proposed in the Plan, should be outlined in in the
         Disclosure Statement; and

   (iii) it remains unclear how substantive consolidation would
         take place post-confirmation, after assets re-vest in a
         reorganized entity.

Mr. Ackerman urges the Court not to approve the Disclosure
Statement because the statement fails to disclose information
sufficient to allow a "reasonable investor typical of holders of
claims or interests of relevant class to make an informed judgment
about the plan . . ."

Ms. Bailey wants the amount available for pro rata distribution
among unsecured creditors be substantially increased, by as much as
$1 million, by recovering postpetition disallowed expenditures by
the Debtor's managing attorney, Michael S. Ackerman, Esq.  A
hearing to consider Ms. Bailey's objection is set for April 7,
2017, at 10:00 a.m.

On March 30, 2017, Donald W. Clarke, Esq., at Wasserman, Jurista &
Stolz, P.C., the counsel for the Debtor, wrote to Judge Christine
M. Gravelle, saying that Ms. Bailey's connection to the bankruptcy
case stems from a prepetition lawsuit against the Debtor and its
principal, Micheal S. Ackerman, Esq., filed in the Superior Court
of New Jersey.  Ms. Bailey alleges fraud and violations of the New
Jersey Racketeer Influenced and Corrupt Organizations Act.  The
Bailey Action was dismissed by Judge James S. Rothschild, Jr.,
before the Debtor filed for bankruptcy.  Ms. Bailey appealed the
decision and on Oct. 13, 2015, secured limited stay relief
permitting the Superior Court of New Jersey, Appellate Division to
render a decision on the appeal.  On Aug. 26, 2016, the Superior
Court issued its opinion affirming Judge Rothschild's decision
dismissing the Bailey Action.  Ms. Bailey obtained on Oct. 11,
2016, stay relief to file an appeal to the New Jersey Supreme Court
by way of a petition for certification.  On Nov. 28, 2016, Ms.
Bailey's notice of petition for certification was denied because it
was filed out of time.  The Supreme Court granted subsequent motion
by Ms. Bailey to file a petition out of time.  The Debtor, through
its attorneys at Connell Foley LLP filed a response.  The parties
are awaiting a ruling from the Supreme Court.

Mr. Clarke says that Ms. Bailey is not a creditor in this case, but
a disgruntled litigant unwilling to accept the sound determination
of the courts in dismissing her unfounded claims.  A copy of the
letter is available at:

           http://bankrupt.com/misc/njb15-24585-803.pdf

Mr. Ackerman is represented by:

     James M. McGovern, Jr., Esq.  
     DAVISON, EASTMAN, MUNOZ, LEDERMAN & PAONE, P.A.
     Monmouth Executive Center
     100 Willow Brook Road, Suite 100      
     Freehold, NJ 07728
     Tel: (732) 462-7170
     Fax: (732) 462-8955
     E-mail: jmcgovern@demlplaw.com

            About Zucker, Goldberg & Ackerman, LLC

Formed in 1923 as Zucker & Goldberg, the law firm Zucker, Goldberg
& Ackerman, LLC, was primarily engaged in the representation of
lenders and secured parties in foreclosure matters, insolvency
proceedings and related matters. The sole members of ZGA are
Michael S. Ackerman, Esq. and Joel Ackerman, Esq. Michael S.
Ackerman is the managing member of the firm. ZGA's primary offices
are in Mountainside, New Jersey.

Zucker, Goldberg & Ackerman, LLC, sought Chapter 11 protection
(Bankr. D.N.J. Case No. 15-24585) in Newark, New Jersey, on Aug. 3,
2015, to complete the orderly liquidation of the business.

The case is assigned to Judge Christine M. Gravelle.

The Debtor disclosed total assets of $11.5 million and total
liabilities of $53.3 million as of June 30, 2015.

ZGA tapped Wasserman, Jurista & Stolz, P.C. as bankruptcy counsel;
Brown, Moskowitz & Kallen, P.C., as special litigation counsel;
Genova Burns as labor counsel; and BMC Group, Inc., as noticing and
balloting agent.

On Aug. 17, 2015, an Official Committee of Unsecured Creditors was
appointed by the Office of the United States Trustee. The Committee
on Oct. 15, 2015, won approval to retain McCarter & English, LLP
("McCarter") to serve as Committee counsel, effective as Aug. 14,
2015.

                       *     *     *

The Debtor in December 2015 filed a "Plan of Orderly Liquidation"
which provides for the wind down of the firm's business.  The Plan
was put on hold pending the issuance of a report by the examiner.

The Court on Feb. 8, 2016, entered an order approving the Acting
U.S. Trustee's appointment of former bankruptcy judge Donald H.
Steckroth, Esq., as examiner. The Creditors Committee sought an
examiner to investigate possible claims against current and former
members of the bankrupt foreclosure law firm and related
"insiders."


ZWO ENTERPRISES: Taps Henri Martin as Real Estate Agent
-------------------------------------------------------
ZWO Enterprises, LLC seeks approval from the U.S. Bankruptcy Court
for the District of Connecticut to hire a real estate agent.

The Debtor proposes to hire Henri Martin Real Estate, LLC in
connection with the sale of its real property located at 70 Halcyon
Drive, Bristol, Connecticut.  The Debtor wants the property sold
for $839,900.

HMRE will get a commission of 5% of the sales price.  

Henri Martin, a member of HMRE, disclosed in a court filing that
his firm does not hold or represent any interest adverse to the
Debtor or its bankruptcy estate, and that it is a "disinterested
person" as defined in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Henri Martin
     Henri Martin Real Estate, LLC
     531 Broad Street
     Bristol, CT 06010

                    About ZWO Enterprises LLC

ZWO Enterprises, LLC filed a Chapter 11 bankruptcy petition (Bankr.
D.CT. Case No. 17-20101) on January 27, 2017.  The petition was
signed by Robert Zwolinski, member.  The Debtor disclosed total
assets of $760,132 and total liabilities of $1.22 million.  

Judge James J. Tancredi presides over the case.  Grafstein &
Arcaro, LLC represents the Debtor as counsel.  

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


[*] Alabama Joins Dozen States in Asbestos Bankruptcy Trust Probes
------------------------------------------------------------------
The American Bankruptcy Institute, citing Drew Wilson of Alabama
Today, reported that Alabama's Attorney General is joining
colleagues from 12 other states in investigating asbestos
bankruptcy trusts' failure to pay out Medicaid payments as federal
law requires.

According to the report, lawsuits have sent more than 60
manufacturers of asbestos or asbestos-containing products into
bankruptcy and have paid out more than $17 billion since 2008.

The attorneys general claim that the bankruptcy trusts, which are
often overseen by plaintiff lawyers, are not giving Medicare and
Medicaid their fair due when making payments to claimants, the
report related.

The law requires any outstanding payments due to Medicare or
Medicaid be taken out of any settlement received by a claimant, and
attorneys can even be held liable for making sure those bills are
paid, the report further related.

The 13 attorneys general sent demand letters to bankruptcy trusts
for Armstrong World Industries, Babcock & Wilcox, DII and Owens
Corning/Fibreboard back in December, and after receiving no
response elected to file a civil suit in Utah in March to move
forward on recovering Medicaid payments, the report said.

In the suit, the AGs claim attorneys are abusing the asbestos
trusts and that they are injuring states "by improperly draining
the trust assets, precluding future legitimate claimants from
relying on asbestos trusts, and leaving states with the high cost
associated with asbestos-related disease," the report added.


[*] Bankruptcy Filings Drop 6% to 805,580 in 2016
-------------------------------------------------
Matthew Guarnaccia, writing for Bankruptcy Law360, reports that the
Administrative Office of the U.S. Courts' 2016 report showed that
the overall number of new bankruptcy filings declined 6% to 805,580
in 2016, in a sustained drop from their peak in 2010.  The report
says that new bankruptcy petitions continued a downward trend for
the sixth straight year in 2016.  Federal appellate and district
courts across the country faced higher caseloads, the report
states.


[*] Bill to Create Section of Bankruptcy Code for Banks Advances
----------------------------------------------------------------
The American Bankruptcy Institute, citing Joseph Lawler of
Washington Examiner, reported that legislation to create a special
section of the bankruptcy code for banks advanced in the House, a
step toward preparing a new system to prevent chaotic bank failures
that have prompted taxpayer bailouts.

According to the report, the Judiciary Committee advanced the
legislation on a voice vote, but future action on bank bankruptcy
could turn contentious.

In a joint statement, committee Chairman Bob Goodlatte, R-Va., and
bill author Rep. Tom Marino, R-Pa., said that "the costs associated
with a failing a financial institution should be borne by those who
have a stake in the company, and hard-working Americans should not
have to worry that their tax dollars will be used to bailout
another Wall Street bank," the report related.

Speaking at the vote, the top Democrat on the committee, Rep. John
Conyers of Michigan, agreed that the collapse of investment bank
Lehman Bros. in the financial crisis in 2008 "clearly revealed that
current bankruptcy law is ill-equipped to deal with complex
financial institutions in economic distress," the report further
related.

The bankruptcy bill, he said, would be an "excellent complement" to
the government-led process for resolving banks created by the 2010
Dodd-Frank financial reform law signed by former President Barack
Obama, the report added.

Yet House Republicans on the Financial Services Committee are
expected to advance a Dodd-Frank replacement measure that would
repeal the government resolution process for banks, which
conservatives have said encourages bailouts, the report said.

Democrats disagree on that point, the report noted.  Some outside
conservative advocates of updating the bankruptcy code for banks
also believe that a government resolution process is necessary for
the scenario in which a number of banks fail at once, the report
further noted.

The House has passed bank bankruptcy legislation in recent years,
although this is the first year with a president who has said that
he shares the goal of cutting back Dodd-Frank rules, the report
said.


[*] Kevin Cowan & Shutts & Bowen LLP Fight Price-Fix Lawsuit
------------------------------------------------------------
Eric Kroh, writing for Bankruptcy Law360, reports that Kevin D.
Cowan, Esq., at Shutts & Bowen LLP, filed a summary judgment
request in Florida federal court to end to the lawsuit filed
against him by JAWHBS LLC, calling it a cynical bid to extract
damages through judicial system abuse.

JAWHBS, according to Law360, had sought partial summary judgment as
to the liability under federal and state antitrust laws of Mr.
Cowan and Shutts & Bowen and of developers Jorge Arevalo and Omar
Botero, Botero company Alianza Holdings LLC, and alleged Botero
associate Albert Delaney.  Law360 states that JAWHBS claims that
the Botero group and the Arevalo group, rather than get into a
bidding war and drive up the price of the land, made an agreement
whereby the Botero group would pay the Arevalo group $1.2 million
plus a share in the profits on any project built on the site, in
exchange for not bidding in the auction.

Law360 relates that the Arevalo group contacted another development
group led by Steven Carlyle Cronig for funding.  Court filings show
that the Cronig group allegedly blocked financing for the Arevalo
group and instead used the information to make a $21.5 million bid,
which trustees accepted.  JAWHBS claims that the parcels were
undervalued by about $10 million, Law360 says.  Law360 reports that
Mr. Cronig has also asked for summary judgment in the case.

Although Jerry Wish and Herb Sider -- two partners who control
JAWHBS -- claim that the conspiracy of rival developers depressed
the $21.5 million sale price of the parcels of land in the Brickell
section of Miami across from the $1 billion Brickell City Centre
development, the bankruptcy trustees initially recommended a
private sale for $19.5 million, which the Partners had initially
supported, Law360 states, citing Mr. Cowan and Shutts & Bowen.

Mr. Cowan and Shutts & Bowen allege that the Partners later
purchased the claims from the trustees for $25,000 to challenge the
sale, Law360 says.  The report quoted them as saying, "Such
shenanigans are manifestly improper in federal court.  Equally
unacceptable are their baseless antitrust conspiracy allegations,
which are, if viewed charitably, nothing more than speculation
which has now been disproven."  JAWHBS was formed to acquire and
pursue the claims, the report adds.

Carolina Bolado at Law360 relates that JAWHBS previously told the
federal court that U.S. Magistrate Judge William C. Turnoff's
refusal to rule on the merits of its bid to access Shutts & Bowen's
privileged documents held up discovery.  Judge Turnoff twice ruled
that the motions to get attorney-client communications under the
crime and fraud exception are premature, the report states, citing
JAWHBS.

JAWHBS is represented by:

         Adam J. Breeden, Esq.
         BREEDEN & ASSOCIATES PLLC
         1404 S. Jones Boulevard
         Las Vegas, NV 89146
         Tel: (702) 508-9250
         Fax: (702) 508-9365

              -- and --

         Jerrold Alan Wish, Esq.
         THE WISH LAW FIRM
         6000 Island Boulevard
         Apt 2006
         North Miami Beach, FL 33160
         Tel: (786) 200-7077
         E-mail: jwish@wishlaw.net

Mr. Arevalo is represented by:

         Lawrence Dean Goodman, Esq.
         DEVINE GOODMAN RASCO & WATTS-FITZGERALD LLP
         2800 Ponce de Leon Boulevard, Suite 1400
         Coral Gables, FL 33134
         Tel: (305) 374-8200
         Fax: (305) 374-8208
         E-mail: lgoodman@devinegoodman.com

Mr. Botero is represented by:

         Thomas R. Lehman, Esq.
         LEVINE KELLOGG LEHMAN SCHNEIDER & GROSSMAN LLP
         201 South Biscayne Boulevard
         22nd Floor, Miami Center
         Miami, Florida 33131
         Tel: (305) 403-8792
         Fax: (305) 403-8789
         E-mail: trl@lklsg.com

             -- and --

         Andrew Paul Kawel, Esq.
         KAWEL PLLC
         80 SW 8th Street, Suite 3330
         Miami, FL33130-3003
         Tel: (305) 209-4529

             -- and --

         Ian-Illych Martinez
         800 Douglas Road Suite 149
         La Puerta del Sol
         Coral Gables, FL 33134
         Tel: (305) 442-7970
         Fax: (305) 447-0076

Mr. Cronig is represented by:

         Charles M. Tatelbaum, Esq.
         Edward Royce Curtis, Esq.
         Michael C. Foster, Esq.
         TRIPP SCOTT PA
         4755 Technology Way, Suite 205
         Boca Raton, FL 33431
         Tel: (561) 910-7500
         Fax: (561) 910-7501
         E-mail: CMT@trippscott.com
                 ERC@trippscott.com
                 mcf@trippscott.com

Mr. Cowan and Shutts & Bowen are represented by:

         Erika S. Handelson, Esq.
         Kendall Brindley Coffey, Esq.
         Kevin Crow Kaplan, Esq.
         David J. Zack, Esq.
         COFFEY BURLINGTON PL
         2601 South Bayshore Drive
         Penthouse
         Miami, FL 33133
         Tel: (305) 858-2900
         Fax: (305) 858-5261
         E-mail: KCoffey@coffeyburlington.com
                 KKaplan@coffeyburlington.com
                 DZack@coffeyburlington.com


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.

                            *********

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 ***