TCR_Public/170406.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Thursday, April 6, 2017, Vol. 21, No. 95

                            Headlines

AC NW RETAIL: Has Final Nod To Obtain DIP Financing From Bed Bath
ADVANCED PAIN: DOJ Watchdog Seeks Ch. 11 Trustee Appointment
AFFINION GROUP: S&P Lowers CCR to 'CC' on Proposed Debt Exchange
AFTOKINITO RALLY: Trustee Hires Ford & McPartin as Counsel
AFTOKINITO RALLY: Trustee Taps BCM as Financial Advisor

AGESONG GENESIS: Cal. Judge Okays Ch. 11 Trustee Appointment
AIR DISTRIBUTING: Hearing on Further Cash Use on April 11
ALLIANCE RESOURCE: S&P Assigns 'BB+' CCR; Outlook Stable
ANGELICA CORP: In Ch. 11 to Sell to KKR for $125 Million
AQUION ENERGY: Hearing on Cash Collateral Use Set for April 11

AQUION ENERGY: Sued for Firing Workers Without 60-Day Notice
ARABELLA OPERATING: Case Summary & 20 Largest Unsecured Creditors
AURA SYSTEMS: Must File Preliminary Proxy Statement by April 10
AUTO TECH 101: Names Harrison Ross Byck as Counsel
BCC SANDUSKY: Taps Diller and Rice, Beebe as Legal Counsel

BCDG LP: Committee Asks Court to Approve Disclosure Statement
BEHNEY CORP: Seeks to Hire Pillar Aught as Legal Counsel
BLUFF CITY SHEET: Plan Outline Okayed, Plan Hearing Set for May 16
BONANZA CREEK: Kirkland Represents Ad Hoc Group of Noteholders
BRANDON DORTCH: Proposes $1.1-Mil. Financing From First National

CALMARE THERAPEUTICS: Requires More Time to Complete Form 10-K
CARLSTAR GROUP: Moody's Revises Outlook to Neg. & Affirms B3 CFR
CHINACAST EDUCATION: Asks For OK to Secure $324,000 in Financing
CITYCENTER HOLDINGS: S&P Affirms 'B+' CCR; Outlook Stable
CLEARWIRE COMMUNICATIONS: Moody's Cuts Unsec. Bond Rating to B3

COATES INTERNATIONAL: Will File Form 10-K Within Grace Period
COMPREHENSIVE VASCULAR: PCO Not Necessary, Court Says
COSI INC: Unsecured Creditors to be Paid 15.1%-18.9% Under New Plan
CRYOPORT INC: Will Get $11.5 Million from Public Offering
CUBA TIMBER: Creditors' Panel Hires Rumberger Kirk as Counsel

CYCLONE POWER: Will File Form 10-K Within Extension Period
DAILY HAVEN: Plan Period to Last for Three Years
DAVIS HOLDING: Hearing on Plan Outline Approval Set for May 2
DAVIS HOLDING: Latest Plan to Pay Unsecureds $644 Quarterly
DISH NETWORK: Fitch Affirms 'BB-' Issuer Default Rating

E&I HOLDINGS: Hires Ira Abel as Bankruptcy Attorney
ECORE INVESTMENTS: Unsecured Creditor to Get 20% in 60 Months
ELEVEN-BAR-SEVEN: Case Summary & Unsecured Creditor
EMAS CHIYODA: Hires CBRE as Real Estate Broker
EMAS CHIYODA: Hires WongPartnership as Special Singapore Counsel

ENERGIS PETROLEUM: Unsecured Claims Total $3.1MM
ESSAR STEEL: Slated to Present Plan for Confirmation on April 26
FLORIDA EAR: Hires McHale as Financial Advisors & Expert Witness
FORMOSA PLANTATION: Financing From gotoPremiumFinance.com Approved
FORTERRA FINANCE: Moody's Rates Proposed $200MM 1st Lien Loan B1

GAINESVILLE HOSPITAL: Moody's Confirms Ba1 GOLT Bonds Rating
GANDER MOUNTAIN: Gordon/Hilco Are Lead Bidders for Assets
GENERAL WIRELESS: Adobe Plaza, et al., Try to Block Cash Use
GLACIERVIEW HAVEN: Trustee Taps Mervyn Thompson as Special Counsel
GOODMAN NETWORKS: Seeks to Hire Haynes and Boone as Co-Counsel

GOODMAN NETWORKS: Seeks to Hire Kirkland as Legal Counsel
GORDMANS STORES: Stage Stores Wins Auction for 50 Store Leases
GREEN VALLEY: Hospital to Remain Open While in Ch. 11
H. BURKHART: Disclosures OK'd; Plan Confirmation Hearing on May 18
HAIMIL REALTY: Disclosure OK'd; Plan Hearing Set for April 26

HANSELL MITZEL: Seeks to Hire Gustafson & Associates as Appraiser
HOTEL PARK: Rental Income to Fund Chapter 11 Plan
ICMFG & ASSOCIATES: Has Open-Ended Extension of Exclusivity Period
IDDINGS TRUCKING: Wants Plan Exclusivity Moved to Aug. 28
IHEARTCOMMUNICATIONS INC: Adds More Info on Exchange Offer

INTERNATIONAL AUTO: DOJ Watchdog Seeks Trustee Appointment
ISIGN SOLUTIONS: Incurs $5.05 Million Net Loss for 2016
ITUS CORPORATION: Has Resale Prospectus of 1.48M Common Shares
KEMET CORP: S&P Raises CCR to 'B' on NEC TOKIN Acquisition
KENNETH ANDERSON JR: Says PCO Appointment Not Necessary

KHWY INC: Court Approves Stipulation for Cash Collateral Use
KONO CO: Plan Exclusivity Period Extended Until June 30
KOSMOS ENERGY: S&P Raises Rating on Sr. Secured Notes to 'B-'
LAKE NAOMI REAL ESTATE: Hires Buddy D. Ford as Attorney
LANE FAMILY: Court Allows Use of Cash Collateral Until June 30

LAUREATE EDUCATION: Moody's Hikes CFR to B2 on Recent IPO
LEHMAN BROTHERS: Sets $3 Billion for 12th Payout to Creditors
LIBERTY CABLEVISION: US$85MM Add-on No Impact on Moody's B3 CFR
LIBERTY INTERACTIVE: Planned Acquisition Credit Pos., Moody's Says
LILY ROBOTICS: Committee Tries to Block DIP Financing & Cash Use

LIVING COLOUR: Hearing on Approval of Plan Outline Set for May 3
LSF9 ATLANTIS: Moody's Assigns B1 Corporate Family Rating
MANUFACTURERS ASSOCIATES: Court Approves Cash Use Until April 30
MAXUS ENERGY: Wants Up To $17.5M Financing From Occidental
MCNEILL GROUP: Disclosures OK'd; Plan Hearing on May 10

METRO NEWSPAPER: Taps DelBello Donnellan as Attorneys
METROAREA AUTISTIC: $100K Financing From Selch Has Final Approval
METROPOLITAN BAPTIST: Disclosures Approved; Plan Hearing on July 5
MONUMENT SECURITY: Court Denies Further Cash Collateral Use
NASTY GAL: Has Until April 8 to File Bankruptcy Plan

NASTY GAL: Taps Province Inc. as Administrative Consultant
NEW ACADEMY: S&P Affirms 'B-' CCR & Revises Outlook to Negative
NEWBURY COMMON: US Trustee Tries to Block Approval of Disclosures
NORTHSTAR OFFSHORE: Taps Parkman Whaling as Investment Banker
NULOOK CAPITAL: Case Summary & 9 Unsecured Creditors

OCM CONSTRUCTION: May Enter Into Financing Pact With OCM
OL FRESH LLC: Wants Authorization for 90-Day Cash Collateral Use
ORBITE TECHNOLOGIES: Intends to File Proposal Under BIA
ORIENT PAPER: Gets Audit Opinion With Going Concern Qualification
OTEX RESOURCES: Has Final OK to Obtain Financing From Solstice

P10 INDUSTRIES: Hires Reiter Brunel as Special Counsel
PAYLESS HOLDINGS: Will Close 389 of 4,400 Footwear Stores
PEABODY ENERGY: Exits Chapter 11, To List on NYSE Under BTU Ticker
PIZZA PALZ: Asks for OK to Obtain Financing From Domino's Pizza
POSITRON CORP: Asks for Conditional Approval of Plan Outline

POST HOLDINGS: S&P Rates $800MM Amended & Restated Facility 'BB-'
PRIMCOGENT SOLUTIONS: Awarded $18.3M in Medical Laser Deal Dispute
PRO RAILING METAL: Needs Approval of IRS Cash Collateral Deal
PROJECT ALPHA: Moody's Assigns B3 Corporate Family Rating
PROJECT ALPHA: S&P Assigns 'B' CCR on Refinancing

RADIOLOGY SUPPORT: Can Continue Using Cash Collateral Until June 30
RALEY'S: Moody's Raises CFR to B1 on Good Franchise Position
RESTORE HEALTH: Holdings' Unsecured Creditors to Get 10%-12%
RESTORE HEALTH: Unsecureds to Get 2%-2.5% Under Amended Plan
RFI MANAGEMENT: Seeks Authorization on Cash Collateral Use

ROADRUNNER TRANSPORTATION: Credit Facility Amendment Extended
ROCKY MOUNTAIN: S&P Raises Rating on 2013A/B School Bonds to 'BB-'
ROZEL JEWELER'S: Unsecureds to be Paid 10.65% Under Latest Plan
SABBATICAL INC: Approval of T. Fluharty as Chap. 11 Trustee Sought
SABINE OIL: Nordheim & HPIP Lose Appeal to Stop Pact Rejection

SANDHILL ENTERPRISES: Seeks Interim Approval to Use Cash Collateral
SANTA CRUZ PLUMBING: Asks Court Approval on Cash Collateral Use
SECURITY GLOBAL: Unsecureds to Get 25% Over 48 Months Under Plan
SETE BRASIL: Petrobas Ordered to Face EIG Funds' Fraud Claims in US
SMILE ARTIST: Disclosures OK'd; Plan Confirmation Hearing on May 3

SOCO REAL ESTATE: Voluntary Chapter 11 Case Summary
SONSVEST LLC: Case Summary & 8 Unsecured Creditors
SPENDSMART NETWORKS: Needs More Time to File Form 10-K
STEVE'S FROZEN: Wants to Use Cash Collateral for Next 3 Quarters
STONEMOR PARTNERS: Moody's Affirms B3 CFR & Alters Outlook to Neg.

STONEWALL FARM: Disclosure Statement Hearing on May 10
SUSAN'S INC: Court Approves Disclosure Statement
SYDELL INC: Has Final Approval to Continue Using Cash Until Aug. 1
TEAM EXPRESS: April 25 Liquidation Plan Confirmation Hearing
TERRACE MANOR: Seeks Authority to Use Eagle-Bank Cash Collateral

TEXARKANA ARKANSAS: Plan Outline Okayed, Plan Hearing on May 25
THAT FURNITURE: Taps KFLC Inc. as Sales Consultant
TNP TITAN: April 24 Liquidating Plan Confirmation Hearing
TUSCANY ENERGY: Can Solicit Plan Votes Through April 14
ULTRA PETROLEUM: Intends to Offer $1.2 Billion Senior Notes

ULTRAPETROL BAHAMAS: Completes Restructuring, Exits Chapter 11
UNITED CORP INT'L: Unsecureds to be Paid 100% Over 7 Years
VALDERRAMA A/C: Case Summary & 19 Largest Unsecured Creditors
VERENGO INC: Crius to Provide $595,000 in Cash, DIP Financing
VERMILLION INC: Reports $15 Million Net Loss for 2016

VIVARO CORP: Telcel Urges Court to Overrule Objection to $6M Claim
VWELLWEST INC: Court Says No to Cash Collateral Use
WALNUT CREEK: Intends to Use Growmark Cash Collateral
WHICKER ASSET: Committee Taps Loewinsohn Flegle as Co-Counsel
WHICKER ASSET: Committee Taps Neal Gerber as Legal Counsel

WHITE WING: Gunway's $90K is Highest Bid for Assets
WINEBOW GROUP: Moody's Revises Outlook to Neg. & Affirms B2 CFR
WTE S&S AG: Court Extends Plan Filing Deadline to Aug. 22
[^] Recent Small-Dollar & Individual Chapter 11 Filings

                            *********

AC NW RETAIL: Has Final Nod To Obtain DIP Financing From Bed Bath
-----------------------------------------------------------------
The Hon. Robert D. Drain of the U.S. Bankruptcy Court for the
Southern District of New York has entered a final order granting AC
NW Retail Investment LLC and Armstrong New West Retail LLC's
request to obtain from Bed Bath & Beyond Inc. postpetition
financing on a junior secured and super-priority administrative
expense basis.

Armstrong requires postpetition financing on a final basis in order
to preserve and maintain the value of its assets.  Armstrong is
immediately authorized to borrow funds from the DIP Lender in
accordance with the budget, a copy of which is available at
http://bankrupt.com/misc/nysb16-23085-63-1.pdf

The DIP Facility will mature and Armstrong's rights to use the
extensions of credit under the DIP Financing Documents shall
terminate on the earlier of (i) nine years from the date of signing
of the note, (ii) the indefeasible payment in full in cash of the
obligations owing to the DIP Lender under the DIP Facility, or
(iii) upon an event of default.

The DIP Lender is granted an allowed superpriority administrative
expense claim.

As provided in the DIP financing documents, Armstrong will pay all
reasonable expenses incurred by the DIP Lender up to a maximum of
$20,000, including in connection with the preparation, execution,
delivery and closing of the DIP financing documents.  

A copy of the court order is available at:

            http://bankrupt.com/misc/nysb16-23085-63.pdf

             About AC NW Retail Investment LLC

AC NW Retail Investment LLC filed a Chapter 11 petition (Bankr.
S.D.N.Y. Case No. 16-23085) on Aug. 9, 2016.  The petition was
signed by Benjamin Ringel, sole equity member.  At the time of
filing, the Debtor had $10 million to $50 million in estimated
assets and $1 million to $10 million in estimated debt.  Arnold
Mitchell Greene, Esq., at Robinsons Brog Leinwand Greene Genovese &
Gluck P.C., in New York, NY, is serving as bankruptcy counsel.


ADVANCED PAIN: DOJ Watchdog Seeks Ch. 11 Trustee Appointment
------------------------------------------------------------
Samuel K. Crocker, the United States Trustee for Region 8, asks the
U.S. Bankruptcy Court for the Western District of Kentucky to enter
an order directing the appointment of a Chapter 11 Trustee for
Advanced Pain Management Services, LLC.

According to the U.S. Trustee, Khalid Kahloon was named chief
executive officer of the Debtor less than six months prior to the
March 16, 2017, petition date.  At that time, Dr. Atif Babar Malik,
the Debtor's sole member, was under indictment.  Therefore, the
Court should appoint a trustee unless the Debtor can prove that Mr.
Kahloon is sufficiently independent of the influence or control of
Dr. Malik, the U.S. Trustee asserts.  Because Dr. Malik remains the
99% equity owner of the Debtor and is subject to an ongoing
criminal prosecution, the U.S. Trustee says the Debtor will be
unable to meet its burden to avoid appointment of a trustee.

Moreover, the U.S. Trustee asserts that the appointment of a
trustee is also appropriate because the Debtor's management may be
distracted by other pressing and serious matters.  Notwithstanding
the Debtor's absolution of any criminal liability, the company
likely remains exposed to potentially substantial Medicare and
insurance recoupment claims related to the alleged kickback
schemes, the U.S. Trustee says.  While Mr. Kahloon may be well
suited to navigate the Debtor through such a perilous ordeal, he is
likely incapable of sufficiently dividing his time and resources
between that task and managing the daily affairs of the debtor in
possession, the U.S. Trustee tells the Court.

               About Advanced Pain

Advanced Pain Management Services, LLC --
http://www.americanspinemd.com-- is a small business debtor as
defined in 11 U.S.C. Section 101(51D) engaged in the health care
business. 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). The Company collected gross revenue for $9.97
million in 2016 and gross revenue of $10.65 million in 2015.

Advanced Pain Management filed a Chapter 11 petition (Bankr. W.D.
Ky. Case No. 17-30863), on March 16, 2017. The petition was signed
by Khalid Kahloon, CEO and general counsel. The case is assigned to
Judge Thomas H. Fulton. The Debtor is represented by James Edwin
McGhee, III, Esq. at Kaplan & Partners LLP. At the time of filing,
the Debtor had $1.84 million in total assets and $2.50 million in
total liabilities.

No trustee, examiner or statutory creditors' committee has been
appointed in the Debtor's Chapter 11 case.


AFFINION GROUP: S&P Lowers CCR to 'CC' on Proposed Debt Exchange
----------------------------------------------------------------
S&P Global Ratings said that it lowered its corporate credit rating
on U.S.-based loyalty and customer engagement solutions company
Affinion Group Holdings Inc. to 'CC' from 'CCC+'.  The rating
outlook is negative.

At the same time, S&P lowered its issue-level ratings on Affinion's
senior unsecured notes, which include its 7.875% senior unsecured
notes, 13.5% senior subordinated notes, and its 13.75%/14.5% senior
unsecured payment-in-kind (PIK) toggle notes due 2018, to 'C' from
'CCC-'.  The '6' recovery ratings are unchanged, indicating S&P's
expectation for negligible recovery (0%-10%; rounded estimate: 0%)
of principal in the event of a payment default.

S&P's ratings on Affinion's senior secured debt, including its
senior secured revolver, first- and second-lien term loans and
senior secured international notes, remain unchanged.

The downgrade follows Affinion's announcement that it has offered
to exchange its senior unsecured notes, which include its 7.875%
senior unsecured notes, 13.5% senior subordinated notes, and
13.75%/14.5% senior unsecured PIK toggle notes due 2018, for a new
PIK toggle facility due October 2022 and warrants for 15% of fully
diluted equity.  "We understand that the exchange offer has been
backstopped by a significant portion of the company's existing
senior unsecured lenders, and the lenders backstopping the
transaction will buy out the remaining lenders unwilling to
exchange the notes," said S&P Global Ratings' credit analyst
Kathryn Archibald.  "Nevertheless, we view extending the debt
maturity by four years for exchanged debt and the delayed payment
resulting from the PIK interest feature as a distressed exchange
and, consequently, tantamount to default, based on our criteria."

The rating outlook is negative.  S&P intends to lower its corporate
credit rating on Affinion to 'SD' and the affected issue-level
ratings to 'D' once the debt exchange is completed. Subsequently,
S&P would assign a corporate credit rating and outlook that reflect
the new capital structure.


AFTOKINITO RALLY: Trustee Hires Ford & McPartin as Counsel
----------------------------------------------------------
Michael S. Askenaizer, the Chapter 11 Trustee of Aftokinito Rally,
Inc. seeks authorization from the U.S. Bankruptcy Court of the
District of New Hampshire to employ Ford & McPartlin, P.A. as
counsel.

The Trustee requires Ford & McPartlin to assist him in analyzing
the state of the Debtor's business affairs to determine the most
prudent course of action and to investigate any potential causes of
action or assets that may be pursed for the benefit of the Estate.

The Trustee asks for authority to retain the firm on a general
retainer basis.

Ford & McPartlin will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Richard K. McPartlin, attorney of Ford & McPartlin, 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.

Ford & McPartlin can be reached at:

       Richard K. McPartlin, Esq.
       FORD & McPARTLIN, P.A.
       10 Pleasant Street, Suite 400
       Portsmouth, NH 03801
       Tel: (603) 433-2002
       Fax: (603) 433-2122
       E-mail: rmcpartlin@fordlaw.com

                     About Aftokinito Rally

Based in Nashua, New Hampshire, Aftokinito Rally, Inc., sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D. N.H.
Case No. 17-10184) on Feb. 16, 2017.  The petition was signed by
Stephan Condodemetraky, president.

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



AFTOKINITO RALLY: Trustee Taps BCM as Financial Advisor
-------------------------------------------------------
The Chapter 11 trustee for Aftokinito Rally, Inc. seeks approval
from the U.S. Bankruptcy Court for the District of New Hampshire to
hire a financial advisor.

Michael Askenaizer, the bankruptcy trustee, proposes to hire BCM
Advisory Group to provide financial advice and support, and oversee
the Debtor's day-to-day operations for the purpose of returning its
business to profitability.

The trustee will employ the firm on a general retainer basis at the
rate of $200 per hour for principals, and $100 to $150 per hour for
consultants.

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

The firm can be reached through:

     Jason Mills
     BCM Advisory Group
     22 Monument Square, Suite 401
     Portland, Maine 04101
     Phone: 207-887-0570

                     About Aftokinito Rally

Based in Nashua, New Hampshire, Aftokinito Rally, Inc., sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D. N.H.
Case No. 17-10184) on Feb. 16, 2017.  The petition was signed by
Stephan Condodemetraky, president.  At the time of the filing, the
Debtor estimated assets of $1 million to $10 million and
liabilities of less than $1 million.

The Debtor hired Sheehan Phinney Bass & Green PA as legal counsel.

On March 24, 2017, Michael S. Askenaizer was appointed as Chapter
11 trustee for the Debtor.


AGESONG GENESIS: Cal. Judge Okays Ch. 11 Trustee Appointment
------------------------------------------------------------
Judge Hannah L. Blumenstiel of the U.S. Bankruptcy Court for the
Northern District of California entered an Order granting the
Motion to Appoint a Chapter 11 Trustee for Agesong Genesis, LLC.

The Order was made pursuant to the petitioning Creditors, AgeSong
Living, LLC, Eldership III, LLC, and Nader Shabahangi's Motion to
Appoint a Trustee filed last February 28, 2017.

The Court further directed the appointed trustee to:

     (a) cooperate with the Patient Care Ombudsman appointed in the
case in the preparation and filing of a supplemental report on
patient care, which must be filed and served at least seven days
prior to the May 4, 2017 status conference; and

     (b) file and serve the monthly operating reports required by
11 U.S.C. Sec. 704(a)(8), as made applicable by 11 U.S.C. Sec.
1106(a)(1).

            About AgeSong Genesis

Nader Shabahangi, AgeSong Living, LLC, a California limited
liability company, and Eldership III, LLC, a California limited
liability company filed an involuntary Chapter 11 case (Bankr. Case
No. 17-30175 HLB) against AgeSong Genesis, LLC, on February 24,
2017. The Petitioners are represented by Randy Michelson, Esq., at
Michelson Law Group, in San Francisco, California.


AIR DISTRIBUTING: Hearing on Further Cash Use on April 11
---------------------------------------------------------
Judge Brian F. Kenney of the U.S. Bankruptcy Court for the Eastern
District of Virginia on March 28, 2017, inked an interim consent
order allowing Air Distributing Co. to use cash collateral through
March 31, 2017.

The Court will hold a hearing on the entry of a final order or
second interim order on the use of cash collateral on April 11,
2017 at 11:00 a.m.

The Debtor and Fulton Bank, N.A., represented that ADCO II, LLC,
Mark D. Wolfe and Amy G. Wolfe entered into an Agreement with
Resource Bank whereby they executed a Promissory Note in the amount
of $1,230,000 which was secured by equipment, inventory, accounts,
instruments, chattel paper, general intangibles and deposit
accounts of the Debtor.  They further represented that the Debtor
guaranteed the loan from Resource Bank, and that Fulton Bank, is
the successor-in-interest to Resource Bank.

Fulton Bank consented to the Debtor's use of its cash collateral,
subject to these terms:

   (a) The Debtor will only be authorized to use the cash for the
purposes set forth in the Budget, subject to a variance that total
disbursements for categories will not exceed 5% of the Budget.

   (b) The Debtor will deliver to Fulton Bank an updated Budget for
the following four-week period, which will include the costs and
expenses, as well as adequate protection payments and payment of
the allowed fees and expenses of professionals retained by the
Debtor for administering its case.

   (c) The Debtor had tendered a check in the amount of $11,292 to
Fulton Bank representing its February 2017 monthly installment
payment.

   (d) Beginning in March 2017, and continuing each month
thereafter, the Debtor will make regular monthly payment of $11,292
to Fulton Bank in accordance with the terms of the Note.

   (e) Fulton Bank will be granted postpetition superpriority
claims to the extent of any diminution in value of the prepetition
collateral, in the same extent and priority Fulton Bank maintained
as of the Petition Date.

   (f) Fulton Bank will also be granted first-priority, continuing,
valid, binding, non-avoidable, and automatically perfected
post-petition security interests and liens on the prepetition
collateral, the same extent and priority that Fulton maintained as
of the Petition Date.

Consent and authority to the use of Fulton Bank's cash collateral
will terminate upon the occurrence of any of these events:

   (1) If the Debtor failed to make a timely monthly payment to
Fulton Bank or perform any of its obligations or is otherwise in
default under the Consent Order;

   (2) If the Debtor's case is dismissed, or converted to Chapter
7; and/or

   (3) An Order is entered staying, reversing, vacating, amending
or rescinding any of the terms of the Consent Order, or modifying,
limiting, subordinating or avoiding the priority of the Debtor's
obligations under the Consent Order.

A full-text copy of the Interim Order, dated March 28, 2017, is
available at https://is.gd/BrevV8

Fulton Bank is represented by:

          Christopher Chipman, Esq.
          PROTAS, SPIVOK & COLLINS, LLC
          4330 East-West Highway, Suite 900
          Bethesda, Maryland 20814
          Phone: 301-469-3608
          Fax: 301-469-3601
          E-mail: cchipman@psclaw.net

                 About Air Distributing Co

Air Distributing Co filed a voluntary petition under chapter 11 of
the Bankruptcy Code  (Bankr. E.D. Va. Case No. 16-14272) on Dec.
20, 2016.  The petition was signed by Mark Wolfe, president.  At
the time of filing, the Debtor estimated $100,000 to $500,000 in
assets and $1 million to $10 million in liabilities.  The case is
assigned to Judge Brian F. Kenney.  Gregory H. Counts, Esq., at
Tyler, Bartl, Ramsdell & Counts, PLC, is serving as counsel to the
Debtor.


ALLIANCE RESOURCE: S&P Assigns 'BB+' CCR; Outlook Stable
--------------------------------------------------------
S&P Global Ratings assigned its 'BB+' corporate credit rating to
Tulsa, Okla.-based Alliance Resource Partners L.P.  The outlook is
stable.  Alliance Resource Operating Partners L.P. and Alliance
Resource Finance Corp. are issuers of the notes.

Alliance is issuing $500 million of senior unsecured notes due
2025.  Alliance Resource Operating Partners L.P. and Alliance
Resource Finance Corp. are issuers of the notes.  Uses of proceeds
will include repaying $255 million in revolving credit facility
borrowings, $50 million outstanding on its term loan, and $145
million of senior unsecured notes due 2018.

S&P also assigned its 'BB-' issue-level rating to the company's
senior unsecured debt.  The recovery rating on the debt is '6',
reflecting S&P's expectation of negligible (0%-10%; rounded
estimate: 5%) in the event of default.

Alliance's fair business risk profile reflects the company's
consistent and sustained track record of profitability, with EBITDA
margins exceeding 30% even through the recent coal industry
downturn.  In addition, S&P considers the company's reserve profile
in the Illinois and Appalachian basins, which offers the
flexibility of tapering production to the most profitable mines
when coal markets are weak; the contracted nature of sales, with
close to 90% of 2017 production priced and committed; and a
nonunionized work force.  However, S&P's assessment also takes into
account the inherent challenges of coal mining: operating in a
cyclical industry with limited long-term growth prospects, price
volatility, weather-related disruptions, capital-intensive
operations, labor-related challenges, and increasingly stringent
environmental and safety regulations.  These factors are
exacerbated by ongoing competitive pressure from low-priced natural
gas and the uncertainty surrounding the ongoing recovery in
domestic coal demand.

The stable outlook is based on S&P's expectation of continued
stability in Alliance's credit measures, including end-of-year
adjusted leverage of about 1.4x.  Although S&P anticipates that
coal prices will fall in 2017 and settle at a lower level, S&P
believes Alliance's credit measures will remain commensurate with
the rating over the next year.  Furthermore, S&P expects the effect
of falling prices to be partially offset by increased production
and continued cost reductions.


ANGELICA CORP: In Ch. 11 to Sell to KKR for $125 Million
--------------------------------------------------------
Angelica Corporation on April 3, 2017, disclosed that it has
entered into an asset purchase agreement ("APA") with an entity
affiliated with KKR, under which the KKR affiliate will acquire
substantially all of Angelica's assets as a going concern in a
transaction valued at approximately $125 million plus certain
assumed liabilities.

KKR is a global investment firm with substantial resources and a
proven record of investing in market-leading businesses.  It
partners with companies and management teams to help them achieve
outstanding operating and financial results.  KKR is a long-term
investor and it intends to build on Angelica's success and help the
Company continue to grow.

Under the terms of the APA, the KKR affiliate will serve as the
"stalking horse bidder" in a court-supervised sale process.  To
facilitate the sale process, Angelica on April 3 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.  Angelica intends to conduct the sale process
pursuant to Section 363 of the Bankruptcy Code. Accordingly, the
APA is subject to higher and better offers, among other
conditions.

Angelica expects to continue operating as normal throughout this
process.

"We believe the actions we are taking will strengthen our financial
foundation and allow Angelica to serve our customers better," said
David A. Van Vliet, President and CEO of Angelica. "Over the last
several months, we undertook a comprehensive review of our
strategic options with the support of our private equity investors
and with the help of our outside advisors.  The decision to pursue
a court-supervised sale of our business as a going concern is the
culmination of this process, and we believe it will provide
Angelica with financial flexibility and the resources needed to
invest and grow."

Mr. Van Vliet continued, "Angelica's operations are strong and will
continue to operate as normal throughout this court-supervised
process.  We are the leading provider of linen services to the
healthcare industry, serving more than 3,800 hospitals, clinics,
and long-term care facilities across the country.  In light of
industry-wide challenges, we have made critical investments in our
business over the last several months.  I want to thank our
employees for their hard work and commitment to serving our
customers, who will continue to be the true driver of Angelica's
future success."

Rony Ma, Principal on KKR's Credit team, said, "We are pleased to
enter into this agreement with Angelica, an industry leader with a
national footprint and long-term partnerships with key customers.
We believe that its pioneering, comprehensive technology solutions
and best-in-class service provide a strong foundation for future
growth.  Once this process is completed, we look forward to working
with the Angelica management team and all of its dedicated
employees to build on Angelica's success."

KKR is primarily making the investment through funds affiliated
with its Direct Lending strategy.

In conjunction with the proposed transaction, Angelica is seeking
court approval of a $65 million "debtor in possession" financing
facility from Wells Fargo Capital Finance, LLC to support the
Company's continued operations during the court-supervised sale
process.

The Company has filed a number of customary motions seeking court
authorization to continue to support its business operations during
the court-supervised sale process, including the continued payment
of employee wages and benefits without interruption.  The Company
intends to pay suppliers in full under normal terms for goods and
services provided after the filing date of April 3, 2017.  The
Company expects to receive court approval for these requests.

Additional information is available on Angelica's website at
www.angelica.com/restructuring, by calling Angelica's Restructuring
Hotline, toll-free in the U.S., at (844) 276-3030 or by emailing
angelicainfo@PrimeClerk.com. Court documents and additional
information can be found at a website administrated by the
Company's Claims Agent, Prime Clerk:
https://cases.primeclerk.com/Angelica.

Weil, Gotshal & Manges LLP is serving as legal counsel to Angelica,
and Alvarez & Marsal is serving as restructuring advisor.

                         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.


AQUION ENERGY: Hearing on Cash Collateral Use Set for April 11
--------------------------------------------------------------
The Hon. Kevin J. Carey of the U.S. Bankruptcy Court for the
District of Delaware will hold on April 11, 2017, at 2:00 p.m. (ET)
a hearing to consider Aquion Energy, Inc.'s request to continue
using cash collateral.

Objections to the Debtor's request must be filed by April 4, 2017,
at 4:00 p.m. (ET).

Vince Sullivan, writing for Bankruptcy Law360, relates that the
Debtor's counsel told the Court that lender rinity Capital Fund II,
L.P., is oversecured and that it would need to use its cash to
pursue a sale of its assets.

On March 10, the Court granted the Debtor, on an interim basis, to
use cash collateral and to provide adequate protection to Trinity
Capital.

The Debtor admits and agrees that: (i) in May 2014, the Debtor
entered into a loan agreement with Trinity Capital to provide term
loans totaling up to $20.0 million; and (ii) all of the obligations
owing to Trinity Capital under the loan agreement are secured by
valid and perfected liens on substantially all of the Debtor's
assets, including cash collateral.  The Prepetition Liens are
subject to certain permitted liens which include, among other
items: (a) purchase money security interests or liens in connection
with operating or capital leases for equipment and loans for
equipment not exceeding $12 million in principal amount outstanding
at any time; (b) liens on accounts receivables or inventory
securing working capital debt facilities not to exceed $5 million
in principal amount outstanding at any time; and (c) liens securing
certain permitted scheduled debt; (iii) as of the Petition Date,
the Debtor's obligations under the Trinity Capital loan documents
totaled $4,409,538 in principal obligations plus an end of term
payment in the amount of $750,000 or 5% of the original balance of
term notes (total advances were originally $15.0 million), plus any
accrued but unpaid interest.

As adequate protection, Trinity Capital is granted:

     a. a replacement lien;

     b. an additional and replacement security interest in and
        lien on all property and assets of the Debtor's estate,
        provided however, that (i) the security interest and lien
        will be junior to any existing, valid, senior, enforceable

        and unavoidable prior perfected security interests and
        liens and (ii) security interest and lien will not attach
        to any claims, defenses, causes of action or rights of the

        Debtor;

     c. an allowed administrative claim; and

     d. adequate protection payments in the form of: (i) ongoing
        payment of non-default interest accruing on a monthly
        basis as and when due under the Trinity Capital loan
        documents; and (ii) reimbursement of reasonable fees and
        expenses of counsel for Trinity Capital in accordance with

        the Trinity Capital loan documents up to the amount set
        forth in the budget.

The Debtor will maintain a cash balance in its deposit and
securities accounts that is no less than $5.16 million.

A copy of the interim court order and the budget is available at:

            http://bankrupt.com/misc/deb17-10500-33.pdf

                      About Aquion Energy Inc.

Aquion Energy, Inc., based in Pittsburgh, PA, filed a Chapter 11
petition (Bankr. D. Del. Case No. 17-10500) on March 8, 2017.  The
petition was signed by Suzanne B. Roski, chief restructuring
officer.  In its petition, the Debtor estimated $10 million to $50
million in both assets and liabilities.

Judge Kevin J. Carey presides over the case.  

The Debtor tapped Laura Davis Jones, Esq., at Pachulski Stang Ziehl
& Jones LLP, as counsel, and Suzanne Roski of Protiviti, Inc., as
chief restructuring officer.  The Debtor also engaged Kurtzman
Carson Consultants, LLC, as claims and noticing agent; and Suzanne
Roski of Protiviti, Inc., as chief restructuring officer.


AQUION ENERGY: Sued for Firing Workers Without 60-Day Notice
------------------------------------------------------------
Matt Chiappardi, writing for Bankruptcy Law360, reports that Bryan
A. Dilascio, a former employee of Aquion Energy, Inc., filed a
lawsuit against the Debtor, claiming that the Debtor breached the
Worker Adjustment and Retraining Notification Act after closing
down the Debtor's main manufacturing facility, near Pittsburgh.

According to Law360, the Debtor allegedly laid off workers without
the required 60-day notice when the main facility was idled.

                      About Aquion Energy Inc.

Aquion Energy, Inc., based in Pittsburgh, PA, filed a Chapter 11
petition (Bankr. D. Del. Case No. 17-10500) on March 8, 2017.  The
petition was signed by Suzanne B. Roski, chief restructuring
officer.  In its petition, the Debtor estimated $10 million to $50
million in both assets and liabilities.

Judge Kevin J. Carey presides over the case.  

The Debtor tapped Laura Davis Jones, Esq., at Pachulski Stang Ziehl
& Jones LLP, as counsel, and Suzanne Roski of Protiviti, Inc., as
chief restructuring officer.  The Debtor also engaged Kurtzman
Carson Consultants, LLC, as claims and noticing agent; and Suzanne
Roski of Protiviti, Inc., as chief restructuring officer.


ARABELLA OPERATING: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------------
Debtor: Arabella Operating, LLC
        P.O. Box 506
        Ft. Worth, TX 76101

Case No.: 17-41479

Business Description: Arabella Operating, LLC owns and operates
                      oil and gas properties.  The Company was  
                      founded in 2014 and is based in Fort Worth,
                      Texas.  Arabella Operating, LLC operates as

                      a subsidiary of Arabella Exploration, Inc.

Chapter 11 Petition Date: April 4, 2017

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

Judge: Hon. Russell F. Nelms

Debtor's Counsel: Raymond W. Battaglia, Esq.
                  LAW OFFICES OF RAY BATTAGLIA, PLLC
                  66 Granburg Circle
                  San Antonio, TX 78218
                  Tel: 2106019405
                  Fax: (210) 855-0126
                  E-mail: rbattaglialaw@outlook.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $10 million to $50 million

The petition was signed by Charles (Chip) Hoebeke, manager.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/txnb17-41479.pdf

Pending bankruptcy cases filed by affiliates:

   Debtor/Court               Petition Date        Case No.
   ------------               -------------        --------
Arabella Exploration, Inc.      1/08/17            17-40119
Northern District of Texas

Arabella Exploration, LLC       1/08/17            17-40120
Northern District of Texas


AURA SYSTEMS: Must File Preliminary Proxy Statement by April 10
---------------------------------------------------------------
As previously reported in a Current Report on Form 8-K filed on
Feb. 8, 2017, Aura Systems, Inc. has entered into a First Amendment
to Transaction Documents with five parties, pursuant to which a
Securities Purchase Agreement dated May 6, 2013, among the Company,
the Signatories, and two other parties has been amended. Among
other things, the Amendment obligated the Company to file with the
Securities and Exchange Commission by March 15, 2017, a preliminary
proxy statement for a stockholders meeting at which Registrant will
seek stockholder approval of resolutions to (i) elect a new board
of at least five directors, (ii) approve a reverse stock split of
up to 1-for-7, and (iii) if required by applicable law, approve an
exempt offering of securities.

In addition, as previously reported in a Current Report on Form
8-K filed on Jan. 25, 2017, the Company entered into a Debt
Refinancing Agreement with Warren Breslow and the Survivor's Trust
Under the Warren L. Breslow Trust and a related Unsecured
Convertible Promissory Note with the Breslow Trust.  Among other
things, the Refinancing Agreement required the Company to cause a
preliminary proxy statement relating to the Resolutions and the
stockholders meeting to be filed with the SEC by no later than
March 1, 2017.

The Amendment and the Refinancing Agreement have been amended by
the Company and the applicable parties to provide that Company
must file its preliminary proxy statement with the SEC by
April 10, 2017.

The Company currently is delinquent in filing its Annual Reports on
Form 10-K and Quarterly Reports on Form 10-Q, and consequently
neither the narrative nor the financial information contained in
the most recent such reports should be relied upon as presenting a
materially accurate description of the current business or
financial condition of the Registrant.  The Company will seek to
become current in its filings with the Securities and Exchange
Commission as soon as reasonably practicable.

                       About Aura Systems

El Segundo, Calif.-based Aura Systems, Inc., designs, assembles
and sells the AuraGen(R), its patented mobile power generator that
uses a prime mover such as the engine of a vehicle to generate
power.

Aura Systems incurred a net loss of $13.9 million for the year
ended Feb. 28, 2014, as compared with a net loss of $15.1 million
for the year ended Feb. 28, 2013.

The Company's balance sheet as of Aug. 31, 2014, showed $1.45
million in total assets, $35.07 million in total liabilities and
$33.6 million in total stockholders' deficit.

Kabani & Company, Inc., in Los Angeles, California, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Feb. 28, 2014.  The independent
auditors noted that the Company has historically incurred
substantial losses from operations, and may not have sufficient
working capital or outside financing available to meet its planned
operating activities over the next twelve months.  These
conditions raise substantial doubt about the Company's ability to
continue as a going concern.


AUTO TECH 101: Names Harrison Ross Byck as Counsel
--------------------------------------------------
Auto Tech 101 Inc. seeks authorization from the U.S. Bankruptcy
Court for the District of New Jersey to employ Harrison Ross Byck
as counsel.

The Debtor requires counsel regarding duties of a DIP, formulation
of plan and disclosures, preparation of schedules, negotiations
with creditors, creditor's meeting, Initial Debtor Interview,
status conferences, confirmation of plan, and ongoing assistance
with reporting requirements.  

The proposed arrangement for compensation is $4,000 paid on
retainer against $425 per hour for attorney with a 6 minute minimum
and $225 per hour for paralegals.

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

Harrison Ross Byck 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 counsel can be reached at:

       Harrison Ross Byck, Esq.
       LAW OFFICES OF KASURI BYCK, LLC 3
       40 Route 1
       North Edison, NJ 08817
       Tel: (732) 253-7630
       Fax: (732) 253-7632
       E-mail: lawfirm@kasuribyck.com

                   About Auto Tech 101, Inc

Auto Tech 101, Inc., filed a Chapter 11 bankruptcy petition (Bankr.
D.N.J. Case No. 17-13314) on February 21, 2017, disclosing under $1
million in both assets and liabilities. The Debtor is represented
by Harrison Ross Byck, Esq., at Kasuri Byck, LLC. The Debtor also
hired Trenk DiPasquale Della Fera & Sodono, P.C., as attorney.


BCC SANDUSKY: Taps Diller and Rice, Beebe as Legal Counsel
----------------------------------------------------------
BCC Sandusky Permanent LLC seeks approval from the U.S. Bankruptcy
Court for the Northern District of Ohio to hire legal counsel.

The Debtor proposes to hire Diller and Rice, LLC and Raymond L.
Beebe Co. to assist in the preparation and implementation of a plan
of reorganization, and provide other legal services related to its
Chapter 11 case.

Raymond Beebe, Esq., will charge an hourly rate of $275 for his
services.  Meanwhile, Steven Diller, Esq., and Eric Neumann, Esq.,
at Diller and Rice, will charge $275 per hour and $250 per hour,
respectively.   

The Debtor paid a retainer in the amount of $40,000.  Prior to its
bankruptcy filing, the Debtor paid a total of $17,423 in fees for
services rendered and charged against the retainer.

The proposed attorneys do not hold any interest adverse to the
Debtor or its creditors, according to court filings.

Raymond L. Beebe Co. can be reached through:

     Raymond L. Beebe, Esq.
     Raymond L. Beebe Co.
     1107 Adams Street
     Toledo, OH 43604
     Tel: (419) 244-8500
     Email: RLBCT@buckeye-express.com
     Email: Raybblaw@buckeye-express.com

Diller and Rice can be reached through:

     Steven L. Diller, Esq.
     Eric R. Neumann, Esq.
     Diller and Rice, LLC
     124 E. Main Street
     Van Wert, OH 45891   
     Phone: 419-238-5025
     Fax: 419-238-4705
     Email: steven@drlawllc.com
     Email: eric@drlawllc.com

                  About BCC Sandusky Permanent

Based in Cincinnati, Ohio, BCC Sandusky Permanent LLC sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Ohio
Case No. 17-30905) on March 30, 2017.  The petition was signed by
George W. Fels, co-manager.

The case is assigned to Judge Mary Ann Whipple.

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


BCDG LP: Committee Asks Court to Approve Disclosure Statement
-------------------------------------------------------------
BCDG, LP's official committee of unsecured creditors asked a U.S.
bankruptcy court to conditionally approve the outline of its
proposed Chapter 11 plan of liquidation for the company.

In its motion filed with the U.S. Bankruptcy Court for the Southern
District of Iowa, the committee also asked the court to combine and
set the hearing on final approval of the disclosure statement and
confirmation of the plan during mid-June 2017.

Under U.S. bankruptcy law, the proponent of a Chapter 11 plan must
get court approval of its disclosure statement to begin soliciting
acceptances from creditors.  The document must contain adequate
information to enable creditors to make an informed decision about
the plan.

According to the Committee, it filed the liquidating plan and
disclosure statement on March 23.

                          About BCDG LP

BCDG, LP, d/b/a McDonald's, filed a chapter 11 petition (Bankr.
S.D. Iowa Case No. 16-02263) on Nov. 18, 2016. The petition was
signed by Brown Customer Delight Group, Inc., general partner.  The
Debtor disclosed total assets at $6.70 million and total
liabilities at $15.62 million.

The Debtor is represented by Bradshaw, Fowler, Proctor & Fairgrave
PC.  The Debtor hired Eastman & Company as financial advisor,
Johnson Doerhoefer, & Miner PA as accountant.

On December 16, 2016, the U.S. Trustee for Region 12 appointed an
official committee of unsecured creditors.  The committee hired
Simmons Perrine Moyer Bergman PLC and Schafer and Weiner, PLLC as
legal counsel.


BEHNEY CORP: Seeks to Hire Pillar Aught as Legal Counsel
--------------------------------------------------------
Behney Corp. seeks approval from the U.S. Bankruptcy Court for the
Middle District of Pennsylvania to hire legal counsel in connection
with its Chapter 11 case.

The Debtor proposes to hire Pillar Aught, LLC to, among other
things, give legal advice regarding its duties under the Bankruptcy
Code, assist in the disposition of its assets, prosecute actions to
protect its estate, and prepare a bankruptcy plan.

The firm's attorneys and paralegals charge $395 per hour and $150
per hour, respectively.

The Debtor paid $56,227 for services provided by the firm during
the year immediately preceding the bankruptcy filing through
separate retainer fees totaling $90,766.51.  As of March 31, 2017,
Pillar Aught holds a balance in the amount of $34,302.76.  The
Debtor proposes to employ the firm on a general retainer of
$34,302.76.   

Kate Deringer Sallie, Esq., a principal of Pillar Aught, disclosed
in a court filing that the firm is a "disinterested person" as
defined in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Kate Deringer Sallie, Esq.
     Pillar Aught, LLC
     4201 E. Park Circle
     Harrisburg, PA 17111
     Phone: (717) 308-9910
     Email: ksallie@pillaraught.com

                       About Behney Corp.

Based in Lebanon, Pennsylvania, Behney Corp. --
http://www.behneycorp.com/-- is a manufacturer of concrete
products from a combination of cement and aggregate.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. M.D. Pa. Case No. 17-01219) on March 29, 2017.  The
petition was signed by Jay M. Behney, president and CEO.  

The case is assigned to Judge Robert N. Opel II.

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


BLUFF CITY SHEET: Plan Outline Okayed, Plan Hearing Set for May 16
------------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Tennessee is
set to hold a pretrial conference on confirmation of Bluff City
Sheet Metal's Chapter 11 plan on May 16, at 11:00 a.m.

The pretrial conference will be held at Courtroom Number 630, 200
Jefferson Avenue, Memphis, Tennessee.

The court on March 22 approved the company's disclosure statement,
allowing it to start soliciting votes from creditors.  

The order set a May 9 deadline for creditors to file their
objections and cast their votes accepting or rejecting the proposed
plan.

Under the latest plan filed on March 17, Class 6 general unsecured
claims will be paid from available net operating revenue, after
payments to Classes 1 through 5.  In the original plan, Class 6
will be paid from operating revenue, based on 45% of net operating
revenue paid on a quarterly basis.

                      About Bluff City

Bluff City Sheet Metal, Inc. is a commercial HVAC contractor,
working as a sub-contractor to general contractors.  

The Debtor sought Chapter 11 protection (Bankr. W.D. Tenn. Case No.
16-24627) on May 17, 2016.  At the time of the filing, the Debtor
estimated assets and liabilities of $1 million to $10 million.

The case is assigned to Judge Paulette J. Delk.  The Debtor is
represented by John L. Ryder, Esq., at Harris Shelton Hanover
Walsh, PLLC, in Memphis.  

On June 7, 2016, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.

On January 12, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.


BONANZA CREEK: Kirkland Represents Ad Hoc Group of Noteholders
--------------------------------------------------------------
Kirkland & Ellis LLP filed with the U.S. Bankruptcy Court for the
District of Delaware on March 30 a supplemental verified statement
under Rule 2019 of the Federal Rules of Bankruptcy Procedure in
connection with the Firm's representation of the ad hoc group of
noteholders of those certain 5-3/4% senior notes due 2023 issued
pursuant to that certain indenture, dated as of July 18, 2014, by
and among Bonanza Creek Energy, Inc., and Delaware Trust Company,
as trustee and those certain 6-3/4% senior notes due 2021 issued
pursuant to that certain indenture, dated as of April 9, 2013, by
and among the Debtor and Delaware Trust Company, as trustee (as
successor to Wells Fargo Bank, National Association).

In July 2016, certain members of the Ad Hoc Group retained the Firm
to represent them in connection with the Debtors' potential
restructuring.  Each member of the Ad Hoc Group is aware of and has
consented to the Firm's "group representation" of the Ad Hoc Group,
which consists of:

     Apollo Energy Opportunity Management LLC
     9 West 57th Street, 37th Floor
     New York, New York 10019
     Nature & Amount of Holdings:
     2021 Notes: $32,952,000
     2023 Notes: $10,091,000
     Common Stock: None

     Aristeia Capital, L.L.C.
     One Greenwich Plaza
     Greenwich, Connecticut 06830
     2021 Notes: $17,000,000
     2023 Notes: None
     Common Stock: (841,061) shares

     Barclays Bank PLC3
     745 Seventh Avenue, 2nd Floor
     New York, NY 10019
     2021 Notes: $6,204,000
     2023 Notes: $4,940,000
     Common Stock: None

     Continental Casualty Company
     c/o Loews Corporation
     665 Madison Avenue, 10th Floor
     New York, New York 10065
     2021 Notes: $6,000,000
     2023 Notes: $5,096,000
     Common Stock: None

     D.E. Shaw Galvanic Portfolios, L.L.C.
     1166 Avenue of the Americas
     New York, New York 10036
     2021 Notes: None
     2023 Notes: $15,707,000
     Common Stock: 1,150,000 shares

     Gen IV Investment Opportunities, LLC
     1700 Broadway, 35th Floor
     New York, New York 10019
     2021 Notes: $27,640,000
     2023 Notes: $12,723,000
     Common Stock: None

     Lord, Abbett & Co. LLC
     90 Hudson Street     
     Jersey City, New Jersey 07302
     2021 Notes: $46,204,000
     2023 Notes: None
     Common Stock: None

     Luxor Capital Group, LP
     1114 Avenue of the Americas
     29th Floor
     New York, New York 10036
     2021 Notes: None
     2023 Notes: $39,870,000
     Common Stock: (3,185,981) shares

     Mangrove Partners
     645 Madison Avenue, 14th Floor
     New York, New York 10022
     2021 Notes: $7,817,000
     2023 Notes: $29,028,000
     Common Stock: None

     Nomura Corporate Research and Asset Management, Inc.
     309 W. 49th Street, 19th Floor
     New York, New York 10019
     2021 Notes: $10,082,000
     2023 Notes: $6,230,000
     Common Stock: None

     Oaktree Capital Management, L.P.
     333 S. Grand Avenue, 28th Floor
     Los Angeles, California 90071
     2021 Notes: $8,128,000
     2023 Notes: $13,713,000
     Common Stock: None

     Paloma Partners Management Company
     Two American Lane
     Greenwich, Connecticut 06831
     2021 Notes: $48,259,000
     2023 Notes: $4,277,000
     Common Stock: None

     Par-Four Investment Management, LLC
     50 Tice Boulevard
     Woodcliff Lake, New Jersey 07677
     2021 Notes: $5,751,000
     2023 Notes: $753,000
     Common Stock: None

     Perry Creek Capital Fund 1
     150 E. 58th Street, 17th Floor
     New York, New York 10155
     2021 Notes: $6,000,000
     2023 Notes: None
     Common Stock: None

     Socratic Fund Management LP
     4 Essex Avenue, Suite 402
     Bernardville, New Jersey 07924
     2021 Notes: $21,094,000
     2023 Notes: $11,000,000
     Common Stock: 2,096,894 shares

     Venor Capital Management LP
     7 Times Square, Suite 4304
     New York, New York 10036
     2021 Notes: $33,275,000
     2023 Notes: $3,490,000
     Common Stock: None

     Wells Fargo Securities, LLC
     550 S. Tryon Street, 4th Floor
     Charlotte, NC 28202
     MAC D1086-041
     2021 Notes: $13,090,000
     2023 Notes: $14,500,000
     Common Stock: None

     Whitebox Advisors LLC
     3033 Excelsior Boulevard, Suite 300
     Minneapolis, Minnesota 55416
     2021 Notes: $36,776,000
     2023 Notes: $48,800,000
     Common Stock: 122,604 shares

On Jan. 17, 2017, the Ad Hoc Group through Counsel, filed the
Verified Statement Pursuant to Bankruptcy Rule 2019.

Certain Ad Hoc Group members' holdings of "disclosable economic
interests" in relation to the Debtors as defined by Bankruptcy Rule
2019(a)(1) have subsequently changed.  Accordingly, in accordance
with Bankruptcy Rule 2019(d), the Ad Hoc Group submits the
Supplemental Verified Statement to update and supplement the
Original Verified Statement.

The present members of the Ad Hoc Group hold claims or manage or
advise certain funds and accounts that hold claims against the
Debtors' estates arising from and related to the Senior Notes.

No member of the Ad Hoc Group represents or purports to represent
any other entities in connection with these Chapter 11 cases.

The Ad Hoc Group is represented by:

     Edward O. Sassower, P.C.
     KIRKLAND & ELLIS LLP
     601 Lexington Avenue
     New York, New York 10022
     Tel: (212) 446-4800
     Fax: (212) 446-4900
     E-mail: edward.sassower@kirkland.com

          -- and --

     Steven N. Serajeddini, Esq.
     John R. Luze, Esq.
     KIRKLAND & ELLIS LLP
     300 North LaSalle
     Chicago, Illinois 60654
     Tel: (312) 862-2000
     Fax: (312) 862-2200
     E-mail: steven.serajeddini@kirkland.com
             john.luze@kirkland.com

          -- and --

     Stephen T. Schwarzbach Jr., Esq.
     KIRKLAND & ELLIS LLP
     600 Travis Street, Suite 3300
     Houston, Texas 77002
     Tel: (713) 835-3600
     Fax: (713) 835-3601
     E-mail: steve.schwarzbach@kirkland.com

                   About Bonanza Creek Energy

Bonanza Creek Energy, Inc. (NYSE: BCEI) --
http://www.bonanzacrk.com/-- is an independent oil and Natural Gas
Company engaged in the acquisition, exploration, development and
production of onshore oil and associated liquids-rich natural gas
in the U.S.  The Company's assets and operations are concentrated
primarily in the Rocky Mountain region in the Wattenberg Field,
focused on the Niobrara and Codell formations, and in southern
Arkansas, focused on oily Cotton Valley sands.

On Jan. 4, 2017, Bonanza Creek Energy, Inc., and six affiliated
debtors each filed a voluntary petition for relief under Chapter 11
of the U.S. Bankruptcy Code (Bankr. D. Del. Lead Case No. Case No.
17-10015).  The cases are pending before the Hon. Kevin J. Carey,
and the Debtors have requested joint administration of the cases.

Bonanza Creek Energy on Dec. 23, 2016, filed a Joint Prepackaged
Plan of Reorganization and Disclosure Statement after reaching a
deal with (i) certain holders that own or manage with the authority
to act on behalf of the beneficial owners of 51.1% in aggregate
principal amount of Bonanza Creek's approximately $800 million in
aggregate principal amount of outstanding 5.75% Senior Notes and
6.75% Senior Notes; and (ii) NGL Energy Partners LP and NGL Crude
Logistics, LLC, the counterparties to one of the Debtors' crude oil
purchase and sale agreements.

Davis, Polk & Wardwell LLP is acting as legal counsel to the
Debtors, Richards, Layton & Finger, P.A., is acting as co-counsel,
Perella Weinberg Partners LP is acting as financial advisor,
Alvarez & Marsal LLC is acting as restructuring advisor and Prime
Clerk LLC is acting as notice, claims and solicitation agent to the
Company in connection with its restructuring efforts.

Kirkland & Ellis LLP serves as legal counsel and Evercore Group
L.L.C. serves as financial advisor to the ad hoc committee of
senior noteholders.


BRANDON DORTCH: Proposes $1.1-Mil. Financing From First National
----------------------------------------------------------------
Brandon Dortch Farms, LLC, and First National Bank and Trust filed
with the U.S. Bankruptcy Court for the Southern District of Alabama
a joint emergency motion to approve postpetition financing for the
2017 crop.

The Debtor has reached an agreement with FNB&T to finance the 2017
Crop year with a $1.1 million revolving line of credit facility,
with a term of one year and a rate of 4.5% per annum.  The
financing agreement will enable the Debtor to continue to operate
its farm though the 2017 farming cycle.

The credit facility will be secured by all BDF 2017 (i) crops, crop
proceeds; (ii) crop insurance; (iii) government subsidy payments;
(iv) assignment of all sales contracts for spring and fall
vegetable crops; and (v) all trucking income received by BDF for
transport of crops to purchaser's storage facilities.  

The Debtor is unable to obtain unsecured credit allowable under
Section 503(b)(1) as an administrative expense.

A copy of the projected 2017 operating budget for the Debtor and
the term sheet is available at:

       http://bankrupt.com/misc/alsb15-03885-218-1.pdf

A copy of the Debtor and FNB&T's request is available at:

         http://bankrupt.com/misc/alsb15-03885-218.pdf

                  About Brandon Dortch Farms

Headquartered in Bay Minette, Alabama, Brandon Dortch Farms, LLC,
is engaged in the farming business. The Debtor plants, grows and
harvests several crops, including cotton, peanuts, corn, soybeans
and certain "truck" crops on land owned by the Debtor and on rented
land.  In order to operate the farm, the Debtor must incur expenses
for seed, fertilizer, chemicals, fuel, insurance, land rent,
equipment maintenance and repairs, among others.

Brandon Dortch Farms filed for Chapter 11 bankruptcy protection
(Bankr. S.D. Ala. Case No. 15-03885) on Nov. 25, 2015, listing
$4.55 million in total assets and $8.23 million in total
liabilities.  The petition was signed by Timothy Brandon Dortch,
managing member.

Judge Henry A. Callaway presides over the case.

Lawrence B. Voit, Esq., at Silver, Voit & Thompson P.C., serves as
the Debtor's bankruptcy counsel.


CALMARE THERAPEUTICS: Requires More Time to Complete Form 10-K
--------------------------------------------------------------
Calmare Therapeutics Incorporated was unable, without unreasonable
effort or expense, to file its annual report on Form 10-K for the
year ended Dec. 31, 2016, by the March 31, 2017, filing date
applicable to smaller reporting companies due to a delay
experienced by the Company in completing its financial statements
and other disclosures in the Annual Report.  As a result, the
Company is still in the process of compiling required information
to complete the Annual Report and its independent registered public
accounting firm requires additional time to complete its review of
the financial statements for the year ended Dec. 31, 2016, to be
incorporated in the Annual Report.  The Company anticipates that it
will file the Annual Report no later than the fifteenth calendar
day following the prescribed filing date.

                  About Calmare Therapeutics

Calmare Therapeutics Incorporated, formerly known as Competitive
Technologies, Inc., provides distribution, patent and technology
transfer, sales and licensing services focused on the needs of its
customers and matching those requirements with commercially viable
product or technology solutions.  Sales of the Company's Calmare(R)
pain therapy medical device continue to be the major source of
revenue for the Company.

Calmare reported a net loss of $3.67 million on $891,000 of product
sales for the year ended Dec. 31, 2015, compared to a net loss of
$3.41 million on $1.04 million of product sales for the year ended
Dec. 31, 2014.

As of Sept. 30, 2016, Calmare had $3.98 million in total assets,
$16.64 million in total liabilities, all current, and a total
stockholders' deficit of $12.65 million.

Mayer Hoffman McCann CPAs, 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 operating
losses since fiscal year 2006 and has a working capital and
shareholders' deficiency at Dec. 31, 2015.  These conditions raise
substantial doubt about the Company's ability to continue as a
going concern.


CARLSTAR GROUP: Moody's Revises Outlook to Neg. & Affirms B3 CFR
----------------------------------------------------------------
Moody's Investors Service changed The Carlstar Group LLC's rating
outlook to negative from stable. Concurrently, Moody's affirmed
Carlstar's B3 Corporate Family Rating (CFR), B3-PD Probability of
Default Rating (PDR), and the Caa1 rating on the 8.25% senior
secured notes due 2019.

"The change in outlook to negative is driven by the uncertainty
around the duration and severity of the downturn within some of the
company's end markets and the potential for very weak credit
metrics to persist," said Prateek Reddy, Moody's lead analyst. "The
rating is supported by the company's good liquidity profile and the
potential for credit metrics to rebound sharply when end markets
strengthen."

Rating Actions:

Corporate Family Rating, Affirmed at B3

Probability of Default Rating, Affirmed at B3-PD

$216 Million 8.25% Senior Secured Global Notes due 2019, Affirmed
at Caa1 (LGD4)

Outlook, Changed to Negative from Stable

RATINGS RATIONALE

Carlstar's B3 CFR incorporates very weak credit metrics and the
likely continuation of subdued demand from the company's cyclical
end markets through 2017. The rating reflects Carlstar's small
scale, narrow focus on specialty tires and wheels, geographic
concentration within North America, and the meaningful exposure to
volatile raw material cost inputs. The company purchased a portion
of the senior secured notes in the open market at substantial
discounts to par value in 2016 and additional future purchases at
such discounts could be cumulatively deemed a distressed exchange,
an event of default per Moody's definition of default. The rating
is supported by the company's good liquidity profile, a strong
brand reputation, and favorable end market diversification. The
company's credit metrics can rebound sharply to levels more
appropriate for the B3 rating when the company's end markets, like
agriculture, outdoor power equipment and power sports, strengthen.

The negative outlook reflects the uncertainty around the duration
and severity of the downturn within some of Carlstar's end markets,
and the resultant protraction of extremely weak credit metrics. The
negative outlook also reflects the potential for additional open
market purchases of senior secured notes at steep discounts to par
value being deemed a distressed exchange, an event of default per
Moody's definition of default.

Ratings could be downgraded if EBITDA remains below $30 million in
2017 and positive free cash flow is not generated, leading to the
usage of cash balances to fund operations. Ratings could also be
downgraded if the company purchases additional senior secured notes
at steep discounts to par value in the open market.

Ratings could be upgraded if demand for Carlstar's products from
end markets improves, debt to EBITDA is sustained below 6x and
EBITA to interest expense is sustained above 1x. Maintenance of
good liquidity will also be required for the ratings to be
upgraded.

Headquartered in Franklin, Tennessee, Carlstar is a global supplier
of specialty tires and wheels for non-automotive applications
(tires and wheels for riding lawn mowers, golf carts, farm
equipment, boat/cargo/utility trailers, ATV's, etc.). Carlstar is
privately owned by American Industrial Partners. The company
reported revenue of $551 million for 2016.

The principal methodology used in these ratings was Global
Manufacturing Companies published in July 2014.


CHINACAST EDUCATION: Asks For OK to Secure $324,000 in Financing
----------------------------------------------------------------
ChinaCast Education Corporation seeks authorization from the U.S.
Bankruptcy Court for the Southern District of New York to obtain
$324,000 in postpetition secured, superpriority financing from Fir
Tree Inc., in its capacity as agent on behalf of the lenders.

A copy of the Debtor's request and DIP financing terms is available
at http://bankrupt.com/misc/nysb16-13121-36.pdf

The interest rate will be 20% per annum based upon a 360-day year,
and is payable in kind by capitalizing accrued interest and adding
it to the principal balance of the DIP Financing.

The Debtor proposes to grant the Agent, for itself and for the
ratable benefit of the Lenders: (i) first priority security
interests in and liens on all of the collateral to secure the
Financing and all obligations owing and outstanding thereunder and
under the loan documents, and the financing court order; and (ii)
allowed superpriority administrative expense claims to the Agent
and the Lenders.

The proceeds of the DIP Financing will be used by the Debtor for
payment of: (i) the Norton Rose cure cost; and (ii) the costs and
expenses associated with this Chapter 11 case, including the fees,
costs, expenses and disbursements of professionals retained by the
Debtor, and other bankruptcy-related costs as allowed by the Court.


The Debtor desires to continue prosecuting the recovery actions in
Hong Kong, California, and Delaware.  The attorneys representing
the Debtor in the Recovery Actions in the U.S. are engaged on a
contingent fee basis.  The Debtor's counsel in Hong Kong, Norton
Rose Fulbright Hong Kong, however, is prohibited by applicable law
from representing clients on a contingent fee basis.  As of the
Petition Date, Norton Rose was owed $474,215.59.  The Debtor and
Norton Rose have been in constant negotiations since the Petition
Date concerning the status of the Norton Rose prepetition claim,
the treatment of the Norton Rose Prepetition Claim in a forthcoming
Chapter 11 plan, and the terms on which Norton Rose was willing to
continue its work in connection with the Recovery Actions.  

The Debtor and Norton Rose have agreed, subject to court
approval, that (a) Norton Rose will accept a cash payment of
$150,000 to cure defaults under the engagement agreements, while
retaining the balance of the Norton Rose Prepetition Claim to be
treated as a general unsecured claim in a forthcoming Chapter 11
plan; and (b) the Debtor will seek to retain Norton Rose as special
litigation counsel to the Debtor nunc pro tunc to the Petition
Date.  Norton Rose will in exchange continue its invaluable efforts
in the Recovery Actions Pending in Hong Kong.  
In order to pay the Norton Rose Cure Cost, and to pay other
anticipated administrative expenses that must be satisfied to
confirm a Chapter 11 plan, the Debtor solicited interest from
certain of the Debtor's pre-petition creditors that had previously
financed the Recovery Actions in connection with a post-petition
financing for the Debtor.  The Lenders expressed an interest in
loaning the required funds to the Debtor on a senior secured,
superpriority basis, on the terms and conditions set forth in the
note.

Given the Debtor's financial condition, capital structure and
available collateral, the Debtor has inadequate funds to pay the
Cure Cost and other administrative expenses required to be
satisfied in order to confirm a Chapter 11 plan, and is unable to
obtain unsecured credit allowable under Section 503(b)(1) of the
U.S. Bankruptcy Code as an administrative expense.

                    About Chinacast Education

Chinacast Education Corp. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D.N.Y. Case No. 16-13121) on Nov. 9,
2016.  The petition was signed by Douglas Woodrum, chief financial
officer.  

The case is assigned to Judge Mary Kay Vyskocil.  Klestadt Winters
Jureller Southard & Stevens, LLP represents the debtor as its
bankruptcy counsel.

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

The Office of the U.S. Trustee has not yet appointed an official
committee of unsecured creditors.


CITYCENTER HOLDINGS: S&P Affirms 'B+' CCR; Outlook Stable
---------------------------------------------------------
S&P Global Ratings said that it revised its rating outlook on Las
Vegas-based CityCenter Holdings LLC to stable from positive and
affirmed the 'B+' corporate credit rating.

At the same time, S&P assigned its 'BB-' issue-level and '2'
recovery rating to CityCenter's proposed $1.725 billion senior
secured credit facility, consisting of a $125 million revolver due
2022 and a $1.6 billion term loan B due 2024.  The '2' recovery
rating indicates S&P's expectation for substantial recovery (70% to
90%; rounded estimate: 75%) for lenders in the event of a payment
default.

CityCenter plans to use the proceeds from the proposed transaction
to refinance the outstanding amount under its existing term loan,
pay an additional $350 million dividend to its owners, and pay fees
and expenses.  S&P expects to withdraw its issue-level and recovery
ratings on the company's existing revolver and term loan once the
refinancing transaction is completed and the existing debt is
repaid.

The outlook revision to stable from positive reflects the increased
leverage the company is incurring to fund an additional $350
million dividend to owners and S&P's belief that the company's
long-term financial policy is not aligned with sustaining leverage
under 4x, which was one of S&P's thresholds for a notch higher
rating.  Pro forma for the additional
$350 million distribution to owners (in addition to the recently
announced $250 million dividend), S&P expects leverage in 2017 to
increase to the low- to mid-4x area.  S&P expects a positive
operating environment in Las Vegas to support EBITDA growth through
2018 and an improvement in leverage to around 4x.  Given the
company's demonstrated willingness to increase leverage to the
mid-4x area to fund distributions to owners this year, S&P expects
that as the company reduces leverage to 4x and below in future
periods, it could seek to use the leverage capacity it builds in to
fund future distributions to owners.  Notwithstanding the
leveraging impact of the additional distribution, S&P expects
CityCenter's interest coverage to remain strong and S&P expects it
will generate good levels of free operating cash flow once the
company completes its convention center expansion in early 2018.

CityCenter's limited geographic diversity as the operator of a
single gaming property on the Las Vegas Strip, highly competitive
dynamics in the market (including the potential for additional
competition on the northern end of the Strip), significant
volatility in profitability as a result of changes in table hold,
and high levels of anticipated cash flow volatility over the
economic cycle given the company's destination market location and
the discretionary nature of consumer spending in the gaming
industry underpin S&P's weak business risk assessment.
Notwithstanding these risk factors, CityCenter's good cash flow
generation supports its ability to reinvest sufficiently in the
property to maintain its high asset quality, and the property's
amenities and location create an all-encompassing visitor
experience that supports longer customer stays than other
destinations.  CityCenter also benefits from a favorable location
in the center of the Las Vegas Strip.  Additionally, the property's
inclusion in 50% owner MGM Resorts International's loyalty program
allows it to develop customer loyalty and support more targeted
marketing spending.  In addition, S&P believes that that dynamics
are still favorable on the Las Vegas Strip for continued average
daily rate growth and high occupancy because of no new supply
growth over the next two years, strong visitation to the market,
and continued growth in convention visitation, which should support
continued good growth in revenue per available room (RevPAR).

S&P's base case assumes:

   -- Modest economic improvement that will drive visitation to,
      and spending at, U.S. casinos.  S&P forecasts U.S. GDP
      growth of 2.4% in 2017 and 2.3% in 2018, and U.S. consumer
      spending growth of 2.5% in 2017 and 2.3% in 2018.

   -- Gaming revenue on the Las Vegas Strip grows in the low-
      single-digit percentage area through 2017, while revenue per

      available room (RevPAR) grows in the low- to mid-single
      digits through 2017.  High-end international gaming spending

      remains somewhat volatile over that time period, but
      convention business remains strong.

   -- For 2017, S&P expects this to translate into revenue from
      resort operations increasing in the low-single-digit area.  
      S&P expects improving room rates at ARIA and Vdara coupled
      with MGM's profit growth plan to support improving margins
      at CityCenter and contribute to growth in EBITDA from resort

      operations in the mid-single-digit percentage area in 2017.

   -- For 2018, S&P is factoring in low- to mid-single-digit
      revenue and EBITDA growth, supported by S&P's economists'
      forecast for consumer spending and GDP growth and S&P's
      expectation for improved revenue and EBITDA resulting from
      the opening of the convention center expansion which should
      support additional room revenue and modest margin
      improvement.

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

   -- Consolidated debt to EBITDA in the low- to mid-4x range in
      2017, improving to the low-4x area in 2018.

   -- Funds from operations (FFO) to debt in the high-teens
      percentage area through 2018.

   -- Good EBITDA coverage of interest exceeding 5x through 2018.

   -- Free operating cash flow (FOCF) to debt in the mid- to high-
      single digits in 2017 as the company completes its
      convention center expansion.  FOCF improves to the mid-teens

      percentage area in 2018 driven by lower capital
      expenditures.

Based on likely sources and uses of cash over the next 12 to 18
months, and incorporating S&P's performance expectations,
CityCenter has an adequate liquidity profile, according to S&P's
criteria.  S&P expects CityCenter's sources of liquidity over the
next 12 to 18 months to exceed uses by at least 1.2x.  S&P believes
net sources of liquidity would remain positive even if forecasted
EBITDA over the next 12 months fell 15% below S&P's expectations.
S&P believes CityCenter has satisfactory relationships with its
bank group, as evidenced by its past ability to secure amendments
to its credit facility to reduce the interest rate on its term loan
and supported by the company's history of making optional term loan
prepayments.  S&P expects the proposed credit facility will contain
two financial maintenance covenants (maximum total leverage and
minimum interest coverage) that will apply only to the revolver.
S&P expects the company will maintain adequate (greater than 15%)
cushion with respect to these covenants.

Principal liquidity sources:

   -- Unrestricted cash on the balance sheet, which totaled
      approximately $248 million at Dec. 31, 2016.

   -- Cash generated from operations, which S&P estimates will
      average $300 million to $315 million annually through 2018.

   -- Availability under its proposed $125 million revolving
      credit facility, of which S&P expects approximately
      $25 million to be drawn at close.

Principal liquidity uses:

   -- Capital expenditures ranging from $175 million to
      $200 million in 2017, consisting of relatively modest
      maintenance capital spending that S&P estimates ranged from
      $30 million to $50 million annually as well as the majority
      of spending on the company's convention center expansion
      (which will total $154 million).  Construction on the
      convention center began in May 2016, with an anticipated
      completion in February 2018.

   -- Capital expenditures of up to $50 million in 2018, largely
      comprised of maintenance capital spending.

   -- $600 million in total dividends in 2017, consisting of a
      $350 million additional distribution to owners in connection

      with the proposed refinancing in addition to the recently
      announced $250 million dividend, which incorporated a
      $172 million special dividend and $78 million as part of its

      regular annual dividend policy.

   -- A regular annual dividend of up to 35% of excess cash flow,
      which S&P estimates will be around $30 million in 2018 based

      on S&P's forecasted free operating cash flow. (FOCF is
      meaningfully lower in 2017 than in prior years because of
      the spending to complete the convention center expansion.)  
      Amortization of $16 million annually under its proposed $1.6

      billion term loan B.

The stable rating outlook reflects S&P's expectation that a
positive operating environment in Las Vegas will support continued
growth in EBITDA and an improvement in leverage to around 4x by the
end of 2018, from the low- to mid-4x area in 2017, pro forma for
the additional debt CityCenter is incurring to fund dividends to
its owners.

While less likely given cushion in its leverage measure and S&P's
favorable outlook for the Las Vegas market, it could lower the
rating if it expected CityCenter's leverage would weaken to and
remain above 5.5x over the intermediate term.  S&P believes this
would mostly likely be the result of a shift in financial policy
and a decision to incur additional leverage to fund distributions
to owners.

S&P could consider a higher rating if S&P believes CityCenter will
sustain leverage below 4x, FFO to debt above 20%, and FOCF to debt
above 10%.  Prior to raising the rating, S&P would need to be
confident that CityCenter would size any future potential returns
to owners in a manner that would not cause leverage to increase
above 4x, which S&P views as unlikely given the company's decision
to incur additional debt to fund an additional $350 million
distribution to owners this year.

   -- S&P assigned a 'BB-' issue level rating and '2' recovery
      rating and to CityCenter's proposed $1.725 billion senior
      secured credit facility, consisting of a $125 million
      revolver due 2022 and a $1.6 billion term loan B due 2024.

   -- S&P's simulated default scenario contemplates a payment
      default in 2021, reflecting a substantial decline in cash
      flow, particularly at the ARIA Resort & Casino, as a result
      of a prolonged economic downturn and increased competitive
      pressures from other casinos on the Las Vegas Strip.

   -- S&P assumes a reorganization following the default, using an

      emergence EBITDA multiple of 7x to value the company,
      reflecting the high asset quality and favorable location in
      the center of the Las Vegas Strip.  S&P also assumes that
      the resort remains part of M life, MGM Resorts
      International's rewards program.

   -- S&P assumes the proposed $125 million revolver is 85% drawn
      at the time of  default

   -- Emergence EBITDA: $195 million
   -- Multiple: 7x
   -- Gross recovery value: $1,370 million
   -- Net recovery value for waterfall after admin. expenses (5%):

      $1,300 million
   -- Obligor/nonobligor valuation split: 100%/0%
   -- Estimated first-lien debt: $1,695 million
   -- Value available for first-lien claim: $1,300 million
      -- Recovery expectation: 70% to 90% (rounded estimate: 75%)

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


CLEARWIRE COMMUNICATIONS: Moody's Cuts Unsec. Bond Rating to B3
---------------------------------------------------------------
Moody's Investors Service has downgraded Clearwire Communications
LLC's exchangeable notes to B3 following Sprint Corporation's
suspension of Clearwire's audited financial statements. Sprint has
discontinued the publication of Clearwire's financials following
the earlier repayment of Clearwire's secured notes in 2016, which
resulted in the elimination of the disclosure requirement. The $629
million of exchangeable notes are unconditionally and irrevocably
guaranteed by Sprint Corporation and Sprint Communications, Inc.
("SCI") Due to the suspension of financials, Moody's will have
insufficient information to assess Clearwire's standalone credit
worthiness. The B3 rating for Clearwire's exchangeable notes now
reflects only the guarantees provided by Sprint and Moody's views
the exchangeable notes as pari passu to Sprint's B3-rated senior
unsecured notes. Moody's has also affirmed Sprint's B2 corporate
family rating, B2-PD probability of default rating, Ba2 secured
rating, B1 junior guaranteed rating, B3 unsecured rating and SGL-3
speculative grade liquidity rating. The outlook remains stable.

Downgrades:

Issuer: Clearwire Communications LLC

-- Senior Unsecured Regular Bond/Debenture, Downgraded to B3 (LGD

    5) from Ba3 (LGD 3)

Affirmations:

Issuer: Sprint Capital Corporation

-- Senior Unsecured Regular Bond/Debenture, Affirmed B3 (LGD 5)

Issuer: Sprint Communications, Inc.

-- Senior Secured Bank Credit Facility, Affirmed Ba2 (LGD 1)

-- Senior Secured Regular Bond/Debenture, Affirmed Ba2 (LGD 1)

-- Senior Unsecured Regular Bond/Debenture, Affirmed B3 (LGD 5)

-- Senior Unsecured Jr. Gtd. Regular Bond/Debenture, Affirmed B1
    (LGD 3)

Issuer: Sprint Corporation

-- Probability of Default Rating, Affirmed B2-PD

-- Speculative Grade Liquidity Rating, Affirmed SGL-3

-- Corporate Family Rating, Affirmed B2

-- Multiple Seniority Shelf, Affirmed (P)B3

-- Senior Unsecured Regular Bond/Debenture , Affirmed B3 (LGD 5)

Outlook Actions:

Issuer: Clearwire Communications LLC

-- Outlook, Remains Stable

Issuer: Sprint Capital Corporation

-- Outlook, Remains Stable

Issuer: Sprint Communications, Inc.

-- Outlook, Remains Stable

Issuer: Sprint Corporation

-- Outlook, Remains Stable

RATINGS RATIONALE

Sprint's B2 corporate family rating reflects Sprint's improved
liquidity achieved through recent financing transactions that will
fund its network modernization plan and address upcoming
maturities, its improving operating performance, its ongoing cost
reduction initiatives, and its valuable spectrum assets. These
positives are offset by Sprint's moderately high leverage of
approximately 5.5x (Moody's adjusted) as of December 31, 2016,
intense competitive challenges and Moody's projections for negative
free cash flow (excluding cash realized from securitizations)
through at least FY2017. The rating incorporates a one notch lift
from Moody's expectations that Sprint's parent company and majority
shareholder, SoftBank Group Corp. ("SoftBank", Ba1 CFR, stable
outlook) will seek to retain the viability of Sprint as a going
concern.

The ratings for the debt instruments reflect both the overall
probability of default of Sprint, to which Moody's assigns a PDR of
B2-PD, and the loss given default assessments of individual debt
instruments. The $6 billion senior secured credit facility at
Sprint Communications, Inc. is rated Ba2 (LGD1). The three-notch
lift from the B2 CFR reflects the structural seniority provided by
the guarantees and the security over all tangible and intangible
assets of Sprint and its operating subsidiaries.

Sprint Corp. and SCI's senior unsecured notes are rated B3 (LGD5)
reflecting their junior-most position in the capital structure. The
B3 (LGD5) unsecured rating for Sprint's subsidiaries Sprint Capital
Corporation (SCC), reflects the guarantees from the parent on a
senior unsecured basis. Clearwire's exchangeable notes are rated B3
(LGD5) and are supported by an irrevocable and unconditional
guarantee from Sprint Corp. and SCI. Moody's loss-given-default
estimate for Sprint's B3-rated unsecured notes positions them near
the limit of the B3 rating. Additional subordination in the form of
incremental senior debt or a reduction in the size of the unsecured
class (which would reduce its loss absorption capacity) would
likely result in a downgrade to Caa1. Moody's current
loss-given-default estimate incorporates Moody's assumptions that
Sprint will raise an additional $3.5 billion in spectrum ABS notes
and repay existing debt as it matures in fiscal 2017 and 2018.

SCI's junior guaranteed unsecured notes are rated B1 (LGD3)
reflecting seniority ahead of the senior unsecured notes of Sprint
Corp, SCI and SCC and subordinate ranking to the senior secured
credit facility and other senior liabilities.

Moody's ranks the secured lease guarantee associated with Sprint's
wireless spectrum-backed notes (which will be granted security up
to $3.5 billion), EDC term loans and receivables financing
facilities pari passu to Sprint's senior secured credit facility.

The stable outlook reflects Sprint's improved operating profile and
Moody's views that its liquidity can address near term maturities
and the cash needed to fund its business for the next 18 months.

Moody's could upgrade Sprint's ratings if the company is on track
to achieve positive free cash flow and leverage (Moody's adjusted)
approaches 5x. Moody's define free cash flow as cash from
operations less capex and Moody's include handset financing needs
as an operating cash flow.

Moody's could downgrade Sprint's ratings if leverage is sustained
above 5.5x (Moody's adjusted) or if liquidity deteriorates. A
downgrade could also result from a deterioration in Sprint's
operating performance, which could include rising churn, weak
subscriber trends or if Sprint introduces irrational price plans.
Also, if Moody's believes that SoftBank's commitment to Sprint
deteriorates, Sprint's ratings could be downgraded.

The principal methodology used in these ratings was
Telecommunications Service Providers published in January 2017.


COATES INTERNATIONAL: Will File Form 10-K Within Grace Period
-------------------------------------------------------------
Coates International, Ltd., was unable, without unreasonable effort
or expense, to file its annual report on Form 10-K for the year
ended Dec. 31, 2016, by the March 31, 2017, filing date applicable
to smaller reporting companies due to a delay experienced by the
Company in completing its financial statements and other
disclosures in the Annual Report.  As a result, the Company is
still in the process of compiling required information to complete
the Annual Report and its independent registered public accounting
firm requires additional time to complete its audit of the
financial statements for the year ended Dec. 31, 2016, to be
incorporated in the Annual Report.  The Company anticipates that it
will file the Annual Report no later than the fifteenth calendar
day following the prescribed filing date.

                        About Coates
    
Based in Wall Township, N.J., Coates International, Ltd.
(OTC BB: COTE) -- http://www.coatesengine.com/-- was
incorporated on Aug. 31, 1988, for the purpose of researching,
patenting and manufacturing technology associated with a spherical
rotary valve system for internal combustion engines.  This
technology was developed over a period of 15 years by Mr. George
J. Coates, who is the President and Chairman of the Board of the
Company.

The Coates Spherical Rotary Valve System (CSRV) represents a
revolutionary departure from the conventional poppet valve.  It
changes the means of delivering the air and fuel mixture to the
firing chamber of an internal combustion engine and of expelling
the exhaust produced when the mixture ignites.

Coates International reported a net loss of $10.2 million on
$94,200 of total revenues for the year ended Dec. 31, 2015,
compared to a net loss of $12.8 million on $19,200 of
total revenues for the year ended Dec. 31, 2014.

As of Sept. 30, 2016, Coates had $2.39 million in total assets,
$7.08 million in total liabilities and a total stockholders'
deficiency of $4.69 million.

Cowan, Gunteski & Co., P.A., in Tinton Falls, New Jersey, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company continues to have negative cash flows from operations,
recurring losses from operations, and a stockholders' deficiency.
These conditions raise substantial doubt about its ability to
continue as a going concern.


COMPREHENSIVE VASCULAR: PCO Not Necessary, Court Says
-----------------------------------------------------
Judge Mary Grace Diehl of the U.S. Bankruptcy Court for the
Northern District of Georgia entered an order finding that the
appointment of a patient care ombudsman for Comprehensive Vascular
Surgery of Georgia, Inc. as not necessary.

The Court further ordered the Debtor to notify the United States
Trustee in the event of any change that would indicate, or give
rise to, the need for a Patient Care Ombudsman, including, without
limitation, any change in operations, any change in the status of
the professional license of the Debtor's employees or independent
contractors, including any disciplinary action or administrative
proceeding against such license; any change in the status of the
professional malpractice insurance of the Debtor's employees or
independent contractors; any change in the status of any relevant
permits issued by any state or regulatory agency to the Debtor; and
any change in the manner patient records are maintained and
safeguarded.

Further, the Court also reminded the Debtor to notify the United
States Trustee of any suits for medical malpractice or for patient
care matters that are filed against the Debtor or its employees and
independent contractors.

Therefore, the Court, on motion of the United States Trustee or a
party in interest, may order the appointment at a later time if it
finds that the appointment has become necessary to protect the
Debtor's patients.

          About Comprehensive Vascular Surgery of Georgia

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., in Atlanta, Georgia.

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.

A copy of the Debtor's list of 15 unsecured creditors is available
for free at http://bankrupt.com/misc/ganb17-53761.pdf


COSI INC: Unsecured Creditors to be Paid 15.1%-18.9% Under New Plan
-------------------------------------------------------------------
General unsecured creditors of Cosi Inc. will get 15.1% to 18.9% of
their claims under the company's latest Chapter 11 plan of
reorganization.

The original plan filed on Feb. 7 proposed to pay 15.4% to 19.2% of
Class 6 general unsecured claims.

Under the latest reorganization plan, creditors holding Class 6
general unsecured claims will receive, as a first tier
distribution, a pro rata share of the liquidating trust fund up to
an aggregate distribution of $1.5 million.  

Meanwhile, as a second tier distribution, general unsecured
creditors will receive a pro rata share of 60% of all remaining
distributions, according to Cosi's latest disclosure statement
filed on March 23 with the U.S. Bankruptcy Court for the District
of Massachusetts.

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

                    https://is.gd/KHKetG

                         About Cosi Inc.

Cosi, Inc., is an international fast-casual restaurant company
featuring its crackly-crust flatbread and specializing in a variety
of made-to-order hot and cold sandwiches, salads, bowls, breakfast
wraps, "Squagels" (square bagels), melts, soups, flatbread pizzas,
S'mores, snacks, deserts and a large offering of handcrafted,
coffee-based, and specialty beverages.  

The company was first established in New York in 1996 and
incorporated in Delaware in 1998.  In 2002, Cosi became publicly
traded company on the Nasdaq exchange under the symbol "COSI".

Cosi and its subsidiaries filed Chapter 11 petitions (Bankr. D.
Mass. Lead Case No. 16-13704-MSH) on Sept. 28, 2016.  The cases are
assigned to Judge Melvin S. Hoffman.

Prior to the petition date, the Debtors had 72 debtor-owned
locations and 35 franchised locations and employed 1,555 people.

The Debtors tapped Joseph H. Baldiga, Esq., and Paul W. Carey,
Esq., at Mirick, O'Connell, DeMallie & Lougee, LLP, as counsel; DLA
Piper LLP (US) as special counsel; The O'Connor Group as financial
consultant; BDO USA, LLP, as auditor and accountant; and Randy
Kominsky of Alliance for Financial Growth, Inc., as chief
restructuring officer.  

The Office of the U.S. Trustee appointed an official committee of
unsecured creditors.  The committee is represented by Lee
Harrington, Esq., at Nixon Peabody LLP.  Deloitte Financial
Advisory Services LLP serves as its financial advisor.


CRYOPORT INC: Will Get $11.5 Million from Public Offering
---------------------------------------------------------
Cryoport, Inc., completed an underwritten public offering of
6,325,000 shares of its common stock, par value $0.001 per share.
The Shares were issued and sold pursuant to an underwriting
agreement, dated March 28, 2017, by and among the Company and Cowen
and Company, LLC and Needham & Company, LLC, as Representatives of
the underwriters, at a public offering price per share of $2.00.

The Company will receive net proceeds of approximately $11.5
million from the Offering after deducting underwriting discounts
and commissions and estimated offering expenses payable by the
Company.

The Company expects to use the net proceeds from the offering of
the shares for business growth, including as working capital and
for other general corporate purposes.

Cowen and Company, LLC and Needham & Company, LLC are acting as
joint book-running managers for the offering.

The public offering was made pursuant to a registration statement
on Form S-3 that was previously filed with and declared effective
by the Securities and Exchange Commission.  A final prospectus
supplement and accompanying base prospectus relating to and
describing the final terms of the offering will be available on the
SEC's website located at http://www.sec.govor may be obtained from
Cowen and Company, LLC c/o Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, NY, 11717, Attn: Prospectus
Department. Phone (631) 274-2806 / Fax (631) 254-7140.

                       About Cryoport

Lake Forest, Calif.-based CryoPort, Inc. (OTC BB: CYRX) provides
comprehensive solutions for frozen cold chain logistics, primarily
in the life science industries.  Its solutions afford new and
reliable alternatives to currently existing products and services
utilized for bio-pharmaceuticals and biologics, including in-vitro
fertilization, cell lines, vaccines, tissue and other commodities
requiring a reliable frozen solution.

Cryoport reported a net loss attributable to common stockholders of
$15.05 million on $5.88 million of revenues for the year ended
March 31, 2016, compared to a net loss attributable to common
stockholders of $12.2 million on $3.93 million of revenues for the
year ended March 31, 2015.

As of Sept. 30, 2016, Cryoport had $5.99 million in total assets,
$2.29 million in total liabilities and $3.69 million in total
stockholders' equity.

KMJ Corbin & Company LLP, in Costa Mesa, California, issued a
"going concern" qualification on the consolidated financial
statements for the year ended March 31, 2016, citing that
the Company has recurring operating losses from inception and has
used substantial amounts of working capital in its operations.
Although the Company has cash and cash equivalents of $2.8 million
at March 31, 2016, management has estimated that cash on hand will
only be sufficient to allow the Company to continue its operations
through the third quarter of fiscal 2017.  These matters raise
substantial doubt about the Company's ability to continue as a
going concern, the auditors said.


CUBA TIMBER: Creditors' Panel Hires Rumberger Kirk as Counsel
-------------------------------------------------------------
The Official Committee of Unsecured Creditors of Cuba Timber Co.,
Inc., seeks authorization from the U.S. Bankruptcy Court for the
Northern District of Alabama to retain Rumberger Kirk & Caldwell,
P.C., as counsel to the Committee.

The Committee requires Rumberger Kirk to:

   a. represent the Committee in all aspects in the bankruptcy
      case and to undertake all actions as the Committee may
      direct as it relates to the investigation of the Debtor's
      affairs, acquisition of assets, financing and proposed
      sales as well as in any pending federal and state court
      actions or potential claims against the estate; and

   b. bring actions and assert such claims as the Committee deems
      appropriate in order to properly protect the interests of
      creditors.

Rumberger Kirk will be paid at these hourly rates:

     R. Scott Williams              $375
     Robert H. Adams                $375
     Frederick D. Clarke            $175
     Paralegal Services             $125

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

R. Scott Williams, partner of Rumberger Kirk & Caldwell, P.C.,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and (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.

Rumberger Kirk can be reached at:

     R. Scott Williams, Esq.
     RUMBERGER KIRK & CALDWELL, P.C.
     2001 Park Place, Suite 1300
     Birmingham, AL 35203
     Tel: (205) 327-5550
     Fax: (205) 326-6786
     E-mail: swilliams@rumberger.com

                   About Cuba Timber Co., Inc.

Cuba Timber Co., Inc., is in the timber business pursuant to which
it negotiates contract with landowners to acquire and cut timber so
it can be sold to various end users, like paper mills.

Cuba Timber Co. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N. D. Ala. Case No. 17-70349) on Feb. 24,
2017. The petition was signed by Steve Goodman, president. At the
time of the filing, the Debtor disclosed $2.72 million in assets
and $6.91 million in liabilities. A. Richard Maples, Jr., Esq., at
Maples & Fontenot, LLP, serves as the Debtor's legal counsel.


CYCLONE POWER: Will File Form 10-K Within Extension Period
----------------------------------------------------------
Cyclone Power Technologies, Inc., was unable to file its annual
report on Form 10-K for the period ended Dec. 31, 2016, by the
prescribed date without unreasonable effort or expense because the
Company's audit review is in process and has not been completed.
The Company believes that the Annual Report will be completed
within the fifteen calendar day extension period provided under
Rule 12b-25 of the Securities Exchange Act of 1934.

                       About Cyclone Power

Pompano Beach, Fla.-based Cyclone Power Technologies, Inc. (Pink
Sheets: CYPW) is a clean-tech engineering company, whose business
is to develop, commercialize and license its patented Rankine
cycle
engine technology for applications ranging from renewable power
generation to transportation.  The Company is the successor entity
to the business of Cyclone Technologies LLLP, a limited liability
limited partnership formed in Florida in June 2004. Cyclone
Technologies LLLP was the original developer and intellectual
property holder of the Cyclone engine technology.

As of June 30, 2016, the Company had $747,703 in total assets,
$3,137,239 in total liabilities, and a $2,389,536 total
stockholders' deficit.  Cyclone Power reported a net loss of
$1,470,303 for the year ended Dec. 31, 2015 compared with a net
loss of $4,954,425 for the year ended Dec. 31, 2014.

Anton & Chia, LLP, in Newport Beach, California, issued a going
concern qualification on the financial statements for 2015.  It
said, "[T]he Company has recurring losses from operations, negative
cash flows from operations, and a stockholders' deficit.  These
conditions, among others, raise substantial doubt about the
Company's ability to continue as a going concern."


DAILY HAVEN: Plan Period to Last for Three Years
------------------------------------------------
Daily Haven, Inc., filed with the U.S. Bankruptcy Court for the
Northern District of Georgia an amended disclosure statement dated
March 22, 2017, referring to the Debtor's plan of reorganization,
proposing that the Plan is expected to last for a period of three
years.  In the Prior Plan, the Debtor said the Plan is expected to
last for a period of one year.

The Amended Disclosure Statement also provides more information
about the Debtor's loan from The Peoples Bank of Conyers, Georgia,
which loan was assigned to RREF II PB-GA, LLC.  According to the
Debtor, their operations have improved since the Petition Date, as
former financial mismanagement has been curtailed, and corporate
debit cards now under lock and key.  The Debtor said it has sought
out new clients for the company, including, but not limited to the
Veteran's Administration Department.  Although there has not yet
been a contract entered into, the Debtor is hopeful of increased
revenues for Daily Haven in the upcoming years.

The Class 4 General Unsecured Claims of R. Strickland, Esq. --
totaling $1,900 -- is impaired by the Plan.  Class 4 Creditors,
comprised of General Unsecured Creditors unrelated in some manner
to the Debtor will not be paid until a complete satisfaction of
Class 2 and Class 3 Creditors.  In such event, Class 4 Creditors
will be paid in amounts determined by the Debtor in its reasonable
business judgment and discretion.

Currently, the Debtor's income is generated through the business
operations of providing care for individuals daily at the day care.
The Debtor's income will be necessary to fund the Plan in this
case, as will a sale or refinance of the property.  The Plan is
expected to last for a period of three years of the Effective
Date.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/ganb16-63419-67.pdf

As reported by the Troubled Company Reporter on March 14, 2017,
filed with the Court a Plan which proposed this treatment of
claims, among others:

   * The Class 2, Secured Creditor, RREF II PB-GA, LLC will be
     paid in full its allowed secured claim by the one of the two
     alternative methods:

     (i) On the Effective Date, the Reorganized Debtor will seek
         refinancing with a lender in order to satisfy all
         outstanding balances on the note held by Creditor Rialto,
         consisting of principal and interest, when those amounts
         are identified, for a period not to exceed six months
         following the Effective Date.

    (ii) At any time subsequent to the Effective Date of
         Confirmation, the Reorganized Debtor will retain the
         right to market and sell all or a portion of their
         interest to a qualified investor or investors.  Any funds
         paid to purchase interest will be paid in to Debtor's
         operating account and will be used to fund the Plan.

   (iii) Commencing 10 days following a Final Order of
         Confirmation, Debtor will also make a monthly payment to
         Rialto each month in the amount of $4750 per month unless
         a sale or capital infusion has taken place pursuant to
         (i) or (ii) sufficient to pay Rialto's Allowed Secured
         Claim in full.

    (iv) The Debtor will satisfy Rialto's Allowed Secured Claim in
         full within six months of the Effective Date. The Debtor
         reserves the right under this Plan to object to the
         amount of Rialto's Secured Claim but will be required to
         file its Objection to same prior to any Confirmation
         Hearing, in sufficient time so that the claim may be
         determined at or before the Confirmation Hearing.

     (v) Cramdown. In the event that Rialto, an impaired class of
         creditor with claims against the Debtor's estate will
         fail to accept the Plan in accordance with Section
         1129(a) of the Bankruptcy Code, the Debtor will request
         the Bankruptcy Court to confirm the Plan in accordance
         with Section 1129(b) of the Bankruptcy Code.

                             About Daily Haven

Daily Haven, Inc., operates a Home Health Care and Day Center for
individuals with special needs in the Conyers area.

Daily Haven, Inc., filed a Chapter 11 petition (Bankr. N.D. Ga.
Case No. 16-63419) on Aug. 1, 2016.  The petition was signed by
Suzann Maughon, owner and chief officer.  The Debtor is represented
by James B. Cronon, Esq., at the Law Office of James B. Cronon,
LLC.  The Debtor estimated assets and liabilities at $500,000 to $1
million at the time of the filing.


DAVIS HOLDING: Hearing on Plan Outline Approval Set for May 2
-------------------------------------------------------------
The Hon. Basil H. Lorch III of the U.S. Bankruptcy Court for the
Southern District of Indiana has scheduled for May 2, 2017, at
10:00 a.m. EDT the hearing to consider the approval of Davis
Holding Co., LLC's amended disclosure statement filed on March 28,
2017, referring to the Debtor's amended Chapter 11 plan filed on
March 28, 2017.

Any objection to the Disclosure Statement must be filed at least
five days prior to the hearing date.

Under the latest plan, Class 4 unsecured creditors will be paid 5%
of their allowed claims, with no interest, and will receive
quarterly payments in the amount of $644.43.  Davis Holding
estimates that the total amount of Class 4 claims is approximately
$257,772.86.

In its original plan, Davis Holding had proposed to pay Class 4
unsecured creditors 5% of their allowed claims, with no interest,
and make quarterly payments in the amount of $1,227.40.  The
company had also estimated that the total amount of Class 4 claims
is $475,464.19.  

A copy of Davis Holding's disclosure statement dated March 28 is
available for free at:

                https://is.gd/B24ZC1

                 About Davis Holding

Davis Holding Co., LLC, filed a Chapter 11 petition (Bankr. S.D.
Ind. Case No. 16-91361) on Aug. 24, 2016.  The petition was signed
by Gregory N. Davis, sole member.  The Debtor is represented by
David M. Cantor, Esq., and William P. Harbison, Esq., at Seiller
Waterman LLC.  The case is assigned to Judge Basil H. Lorch III.
The Debtor estimated assets at $500,000 to $1 million and
liabilities at $1 million to $10 million at the time of the filing.


DAVIS HOLDING: Latest Plan to Pay Unsecureds $644 Quarterly
-----------------------------------------------------------
Davis Holding Co., LLC, filed with the U.S. Bankruptcy Court for
the Southern District of Indiana its latest disclosure statement,
which explains its proposed plan to exit Chapter 11 protection.

Under the latest plan, Class 4 unsecured creditors will be paid 5%
of their allowed claims, with no interest, and will receive
quarterly payments in the amount of $644.43.  Davis Holding
estimates that the total amount of Class 4 claims is approximately
$257,772.86.

In its original plan, Davis Holding had proposed to pay Class 4
unsecured creditors 5% of their allowed claims, with no interest,
and make quarterly payments in the amount of $1,227.40.  The
company had also estimated that the total amount of Class 4 claims
is $475,464.19.  

A copy of Davis Holding's disclosure statement dated March 28 is
available for free at:

                https://is.gd/B24ZC1

                About Davis Holding

Davis Holding Co., LLC filed a chapter 11 petition (Bankr. S.D.
Ind. Case No. 16-91361) on August 24, 2016.  The petition was
signed by Gregory N. Davis, sole member.  The Debtor estimated
assets at $500,000 to $1 million and liabilities at $1 million to
$10 million at the time of the filing.

The case is assigned to Judge Basil H. Lorch III.  The Debtor is
represented by David M. Cantor, Esq. and William P. Harbison, Esq.,
at Seiller Waterman LLC.  

On January 27, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.


DISH NETWORK: Fitch Affirms 'BB-' Issuer Default Rating
-------------------------------------------------------
Fitch Ratings has affirmed the 'BB-' Issuer Default Ratings (IDRs)
for DISH Network Corp. (DISH) and its wholly owned subsidiary DISH
DBS Corp. (DDBS). Fitch assigned a 'BB-/RR4' issue rating to DISH's
$1 billion convertible notes due 2024 and upgraded DISH's existing
convertible note issue ratings to 'BB-/RR4' from 'B+/RR5'.

The upgrade reflects Fitch's assessment of improved recovery
prospects for the convertible notes from residual spectrum value in
a recovery scenario, rather than Fitch's previous view of the notes
subordinated position in the capital structure relative to the DDBS
debt.

Additionally, Fitch has affirmed DDBS' long-term issue ratings as
listed at the end of this release. The Rating Outlook remains
Negative.

In August 2016, Fitch revised DISH's Outlook to Negative after the
company issued $3 billion of convertible notes for strategic
transactions, including spectrum-related transactions, which
initially increased pro forma leverage to 5.6x at June 30, 2016.
The Negative Outlook reflects the company's lack of capacity for
incremental debt and limited room for further deterioration of
DISH's operating profile. At the time of the last review, Fitch
expected DISH to have the ability to reduce leverage below 5x over
the next 18-24 months. However, Fitch communicated that in the
event DISH does not focus on debt reduction and refinances upcoming
maturities, a downgrade would be warranted.

DISH's issuance of $1 billion of convertible notes in March 2017
further pressures its credit profile, resulting in pro forma
leverage of 5.8x as of Dec. 31, 2016. Proceeds from the offering
are expected to be used for the same strategic initiatives.
Although the issuance extends Fitch estimated deleveraging
timeframe, Fitch still believes the company has the ability to
meaningfully reduce debt with its ample FCF generation. The
Negative Outlook incorporates enhanced risk around the lack of a
publicly articulated financial policy.

Fitch previously stated that it will treat DISH's spending at the
TV broadcast spectrum incentive auction as event risk in the
rating. However, the prefunding of cash to use for the spectrum
auction eliminates any incremental debt capacity within Fitch's
expectations for the current rating. The final phase of the
broadcast incentive auction ended on March 30, 2017 and the results
will be released in the next few weeks. DISH made a $1.5 billion
refundable payment during third-quarter 2016 that, when considering
the payment's timing, Fitch believes was a deposit to participate
in the auction. Including this deposit, Fitch estimates that DISH
has capacity for auction-related spending of roughly $6 billion as
of Dec. 31, 2016.

KEY RATING DRIVERS

Ratings Reflect Weak Trends
Fitch believes the company's overall credit profile has limited
capacity to accommodate DISH's inconsistent operating performance.
DISH added 28,000 of net subscribers in the fourth quarter of 2016,
which Fitch believes was primarily attributable to the Sling TV
offering. However, DISH's net subscriber additions during
fourth-quarter 2016 are overshadowed by a staggering 392,000 of net
subscriber losses for the year-ended Dec. 31, 2016 driven by
competition, programming disputes and stricter customer acquisition
policies for DISH branded pay-TV subscribers.

While subscriber metrics remain weak, average revenue per user
(ARPU) increased 2.2% during fiscal 2016 versus the prior period as
a result of DISH branded programming package price increases.
However, ARPU growth has slowed versus 3.6% for fiscal 2015 as
DISH's pay-tv programming package mix changes to accommodate an
increase in Sling TV subscribers.

Mature U.S. Service Offering
Additional rating concerns center on the following: 1) DISH's
ability to adapt to the evolving competitive landscape; 2) DISH's
lack of revenue diversity and narrow product offering relative to
its cable multi-system operator (MSO) and telephone company video
competition; and 3) an operating profile and competitive position
that continue to lag behind its peer group. DISH's current
operating profile focuses on its maturing video service offering
and lacks growth opportunities relative to its competition.
Although Sling TV provides a source of growth versus the
traditional pay-tv business, the Sling TV subscriber base is small
and unlikely to contribute meaningfully to DISH's operations in the
near term.

Wireless Strategy Poses Event Risk
The current ratings consider the potential capital requirements and
execution risk associated with DISH's wireless strategy. There is
significant asset value and strategic optionality associated with
DISH's wireless spectrum investment. The company's wireless
initiatives remain in a development stage, although DISH indicated
that it plans on building out its own narrowband Internet of Things
(IOT) network to meet buildout requirements. Fitch believes DISH
may still consider monetizing a portion or all of its spectrum if
the price is right, or seek a partnership with another wireless
carrier to enhance the capabilities of its network and reduce the
amount of capital requirements for a stand-alone buildout.

KEY ASSUMPTIONS

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

-- Flat overall revenue growth as a result of slower-than-
    historical ARPU growth that offsets net subscriber losses;
-- EBITDA margins in 2017 and 2018 are expected to be relatively
    unchanged from the 21% recorded in 2016, driven by SG&A cost
    containment and lower subscriber acquisition costs that
    somewhat offset higher programming costs;
-- Upcoming debt maturities are repaid with FCF and cash on hand,

    resulting in leverage declining to under 5x by 2019.

RATING SENSITIVITIES

Revision of the Outlook to Stable at the current rating level could
occur as the company demonstrates that it can execute its wireless
strategy in a credit-neutral manner and maintain leverage below
5x.

Fitch believes a negative rating action will likely coincide with
the company's decision to execute a wireless strategy, or other
discretionary management decisions that weaken its ability to
generate FCF, maintain adequate liquidity to meet ongoing
operational needs, erode operating margins, and increase leverage
higher than 5x without a clear strategy to deleverage the company's
balance sheet. DISH would need to demonstrate its willingness to
deleverage by repaying upcoming maturities with FCF and cash on
hand.

LIQUIDITY

DISH's current liquidity position is adequate for its ongoing
operations. Overall, the company's liquidity position and financial
flexibility is supported by expected FCF generation. DISH also
benefits from a reasonable maturity schedule, as 26% of the
company's outstanding debt is scheduled to mature through 2020 but
no more than approximately 8% in any one year. Upcoming material
maturities total $900 million and $1.2 billion during 2017 and
2018, respectively.

DISH had a total of approximately $5.4 billion of cash and
marketable securities (current portion) as of Dec. 31, 2016. DDBS
holds approximately 14.7% of the consolidated cash and marketable
securities balances. The company's stated minimum cash requirement
of $1 billion and FCF generation mitigate the risk caused by the
lack of a revolving credit facility.

DISH's FCF (defined as cash flow from continuing operations less
capital expenditures and dividends) increased approximately 12% as
of the LTM period ended Dec. 31, 2016 to $1.5 billion when compared
to the same period during 2015. DISH's capital intensity remained
stable in the 8% to 9% range in 2016. Capital expenditures will
continue to focus on subscriber retention and subscriber premises
equipment and include capitalized interest related to FCC
authorizations. Fitch expects FCF margins to remain in the high
single digits during 2017 and 2018.

Limited Bondholder Protections
The DDBS indentures provide very limited protections to bondholders
against increasing leverage and moving cash to its parent, DISH, to
fund investments. These investments include any potential wireless
investment or initiative, leaving DDBS bondholders without recourse
to the assets and cash flows generated by such investments
(assuming the absence of legal/guaranty considerations). The
indentures include a debt incurrence test of 8x leverage and in
most cases restricted payments are permitted provided leverage is
below 8x and no event of default exists.

FULL LIST OF RATING ACTIONS

Fitch has affirmed the following ratings:

DISH Network Corp.
-- IDR at 'BB-'.

DISH DBS Corp.
-- IDR at 'BB-';
-- Senior unsecured notes at 'BB-/RR4'.

Fitch has upgraded the following rating:

DISH Network Corp.
-- Convertible notes to 'BB-/RR4' from 'B+/RR5'.

Fitch also has assigned a 'BB-/RR4' issue rating to DISH's $1
billion of 2.375% convertible notes due 2024.

The Outlook remains Negative.


E&I HOLDINGS: Hires Ira Abel as Bankruptcy Attorney
---------------------------------------------------
E&I Holdings LP, et al., seek authority from the U.S. Bankruptcy
Court for the Eastern District of New York to employ the Law Office
of Ira R. Abel, as attorney to the Debtor.

E&I Holdings requires Abel to:

   a. advise the Debtors with respect to their powers and duties
      as debtors-in-possession;

   b. assist the Debtors in the preparation of their schedules of
      assets and liabilities, statements of financial affairs and
      other reports and documentation required pursuant to the
      Bankruptcy Code and the Bankruptcy Rules;

   c. represent the Debtors at all hearings on matters pertaining
      to their affairs as debtors-in-possession;

   d. prosecute and defend litigated matters that may arise
      during the Chapter 11 case;

   e. counsel and represent the Debtors in connection with the
      assumption or rejection of executor contracts and leases,
      administration of claims and numerous other bankruptcy-
      related matters arising from the Chapter 11 case;

   f. counsel the Debtors with respect to various general and
      litigation matters relating to the Chapter 11 case;

   g. assist the Debtors in obtaining approval of a disclosure
      statement, confirmation of a plan of reorganization, and
      all other matters related thereto; and

   h. perform all other legal services that are necessary and
      desirable for the efficient and economic administration of
      the Debtors' Chapter 11 case.

Abel will be paid at these hourly rates:

     Partners                $485
     Associates              $250-$450

Abel will be paid a retainer in the amount of $5,000.

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

Ira R. Abel, sole member of the Law Office of Ira R. Abel, 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.

Abel can be reached at:

     Ira R. Abel, Esq.
     LAW OFFICE OF IRA R. ABEL
     305 Broadway, 14th Floor
     New York, NY 10007
     Tel: (212) 799-4672
     E-mail: iraabel@verizon.net

                   About E&I Holdings LP

E&I Holdings LP sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D.N.Y. Case No. 15-45751) on December 28,
2015.

The case is jointly administered with the Chapter 11 cases of E&I
Management, LLC (Bankr. E.D.N.Y. Case No. 15-45754) and PA Farm
Products, LLC (Bankr. E.D.N.Y. Case No. 15-45755) filed on December
28, 2015; and the case of Wise Kosher Natural Poultry, Inc. (Bankr.
E.D.N.Y. Case No. 15-44725) filed on October 16, 2015.

At the time of the filing, E&I Holdings estimated its assets and
liabilities at $1 million to $10 million. The other Debtors
estimated their assets of less than $100,000 and liabilities of $1
million to $10 million.

The petitions were signed by Issac Wiesenfeld, E&I Holdings general
partner.



ECORE INVESTMENTS: Unsecured Creditor to Get 20% in 60 Months
-------------------------------------------------------------
ECORE Investments, LLC, filed with the U.S. Bankruptcy Court for
the Eastern District of Pennsylvania a Chapter 11 plan of
reorganization that proposes to pay its general unsecured creditor
20% of its claim.

Under the proposed plan, Dietz & Watson, Inc. Defined Benefit
Pension Fund will be paid 20 cents on the dollar in cash in 60
equal monthly payments, or within 30 days after the effective date
of the plan, or the date on which the claim is allowed by a final
non-appealable order.

Meanwhile, the secured claims of the City of Philadelphia will be
paid in full in cash within 30 days of the final decision of the
property tax appeal to the city after the effective date or the
date on which the claim is allowed by a final non-appealable
order.

The plan will be funded by Dr. Ernest Page II of Orlando, Florida.
Dr. Page will provide capital to fund the payments to each class as
well as the funds necessary to continue the renovation of the
property at 4726 Chestnut Street, according to ECORE's disclosure
statement filed on March 23.  

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

                   https://is.gd/pSlOpb

                    About ECORE Investments

ECORE Investments, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Pa. Case No. 16-18202) on November 28,
2016.  The petition was signed by Jerry Freeman, member.  

The case is assigned to Judge Ashely M. Chan.  Demetrius J.
Parrish, Jr., Esq., at the Law Office of Demetrius J. Parrish, Jr.,
serves as the Debtor's bankruptcy counsel.

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


ELEVEN-BAR-SEVEN: Case Summary & Unsecured Creditor
---------------------------------------------------
Debtor: Eleven-Bar-Seven Ltd.
        8445 Freeport Parkway, Suite 175
        Irving, TX 75063

Case No.: 17-31273

Business Description: The Debtor is a single asset real estate (as
                      defined in 11 U.S.C. Section 101(51B)).
                      Its principal asset is located at 200
                      Fairway Lane, Georgetown, Texas 786.

Chapter 11 Petition Date: April 4, 2017

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

Judge: Hon. Harlin DeWayne Hale

Debtor's Counsel: Martin Keith Thomas, Esq.
                  MARTIN THOMAS
                  P.O. Box 36528
                  Dallas, TX 75235
                  Tel: (214) 951-9466
                  Fax: (214) 951-9007
                  E-mail: martin@martinkthomas.com
                          thomas12@swbell.net

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Phillip Lynn Lloyd, president/owner.

The list of 20 top unsecured claims contains a single entry:
Phillip Lynn Lloyd, holding a claim of $1.5 million.

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

           http://bankrupt.com/misc/txnb17-31273.pdf


EMAS CHIYODA: Hires CBRE as Real Estate Broker
----------------------------------------------
EMAS CHIYODA Subsea Limited, et al., seek authority from the U.S.
Bankruptcy Court for the Southern District of Texas to employ the
CBRE, Inc., as real estate broker to the Debtors.

The Debtors are seeking the Bankruptcy Court's approval of an Asset
Purchase Agreement with Subsea 7(US) LLC as the stalking horse
bidder for the Debtors' 120-acre, deepwater support facility as
well as their pipeline fabrication base designed to serve the
onshore and offshore pipelay and subsea construction needs of the
Gulf of Mexico and Mexico's Bay of Campeche (the "Texas Property"),
subject to higher and better offers to be obtained through an
auction process.

The Debtors require CBRE to provide real estate brokerage, property
management, project management, valuation and advisory, and other
related services to the Debtors' Texas Property.

CBRE will be paid as follows:

   --  1% if EMAS Chiyoda Subsea Marine Base, LLC, closes a sale
       pursuant to the Stalking Horse Bid;

   --  5% of the gross sales price in excess of the Stalking
       Horse Bid up to $7,500,000 above the Stalking Horse Bid;

   --  4% of the gross sales price in excess of $7,500,000 up to
       $12,500,000 above the Stalking Horse Bid;

   --  3% of the gross sales price in excess of $12,500,000 up to
       $17,500,000 above the Stalking Horse Bid; and

   --  2% of the gross sales price in excess of $17,500,000 above
       the Stalking Horse Bid.

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

Mark Taylor, senior managing director of the Houston offices of
CBRE, 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 does not represent any interest adverse to the Debtors and
their estates.

CBRE can be reached at:

     Mark Taylor
     CBRE, INC.
     2800 Post Oak Blvd., Suite 2300
     Houston, TX 77056
     Tel: (713) 577-1701
     Fax: (713) 577-1677

                About Emas Chiyoda Subsea Limited

EMAS CHIYODA Subsea Limited (Bankr. S.D. Tex., Case No. 17-31146)
and its affiliates filed voluntary Chapter 11 petitions on Feb. 27,
2017. The Company is an international heavy lift subsea, offshore
and onshore contractor offering engineering, procurement,
construction, transportation, installation, and commissioning
services at every stage of the project lifecycle to deliver complex
construction projects for customers. The case is assigned to Judge
Marvin Isgur.

The Debtors are represented by George N. Panagakis, Esq., Justin M.
Winerman, Esq., and Roy Leaf, Esq., at Skadden, Arps, Slate,
Meagher & Flom LLP, in Chicago, Illinois; Dominic McCahill, Esq.,
and Kathlene Burke, Esq., at Skadden, Arps, Slate, Meagher & Flom
LLP, in London. The Debtors' co-counsel is John F. Higgins, Esq.,
Joshua W. Wolfshohl, Esq., Aaron J. Power, Esq., Brandon J. Tittle,
Esq., and Eric M. English, Esq., at Porter Hedges LLP, in Houston,
Texas.

The Debtors' managerial service provider is KPMG Services PTE. LTD.
The Debtors' claims and noticing agent is Epiq Bankruptcy
Solutions, LLC, WongPartnership LLP, as special Singapore counsel.

The Debtor's estimated assets is $500 million to $1 billion and its
estimated Liabilities is $100 million to $500 million.

Judy A. Robbins, the U.S. Trustee for Region 7, on March 21
appointed five creditors of EMAS CHIYODA Subsea Limited, et al., to
serve on the official committee of unsecured creditors.


EMAS CHIYODA: Hires WongPartnership as Special Singapore Counsel
----------------------------------------------------------------
Emas Chiyoda Subsea Limited, et al., seek authority from the U.S.
Bankruptcy Court for the Southern District of Texas to employ the
WongPartnership LLP, as special Singapore counsel to the Debtors.

After the filing of Chapter 11 Cases in the United States, an
application was filed in Singapore to obtain recognition and
assistance from the Singapore court in the form of stay orders that
mirror the scope of the automatic stay under the chapter 11
proceedings in so far as proceedings in Singapore are concerned,
and to the extent permitted under Singapore law.

The Singapore Applications were protracted and included multiple
hearings and submissions from creditors based in Singapore. On
March 1 2017, the Singapore Debtors and the Debtors obtained
interim stay orders from the High Court of the Republic of
Singapore at an urgent ex-parte hearing pending further hearings
which took place on March 13, 21, and 22, 2017.

The Debtors seek to retain WP to advise and represent the Debtors
on all aspects of Singapore restructuring and insolvency law.

WongPartnership will be paid at the hourly rate of $300-$640.

WongPartnership will be paid a retainer in the amount of $128,500.

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

Rajan Menon Smitha, partner of WongPartnership 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.

WongPartnership can be reached at:

     Rajan Menon Smitha, Esq.
     WONGPARTNERSHIP LLP
     12 Marina Boulevard Level 28
     Marina Bay Financial Centre Tower 3
     Singapore 018982
     Tel: +65 6416 8000
     E-mail: smitha.menon@wongpartnership.com

                   About Emas Chiyoda Subsea Limited

EMAS CHIYODA Subsea Limited (Bankr. S.D. Tex., Case No. 17-31146)
and its affiliates filed voluntary Chapter 11 petitions on Feb. 27,
2017. The Company is an international heavy lift subsea, offshore
and onshore contractor offering engineering, procurement,
construction, transportation, installation, and commissioning
services at every stage of the project lifecycle to deliver complex
construction projects for customers. The case is assigned to Judge
Marvin Isgur.

The Debtors are represented by George N. Panagakis, Esq., Justin M.
Winerman, Esq., and Roy Leaf, Esq., at Skadden, Arps, Slate,
Meagher & Flom LLP, in Chicago, Illinois; Dominic McCahill, Esq.,
and Kathlene Burke, Esq., at Skadden, Arps, Slate, Meagher & Flom
LLP, in London. The Debtors' co-counsel is John F. Higgins, Esq.,
Joshua W. Wolfshohl, Esq., Aaron J. Power, Esq., Brandon J. Tittle,
Esq., and Eric M. English, Esq., at Porter Hedges LLP, in Houston,
Texas.

The Debtors' managerial service provider is KPMG Services PTE. LTD.
The Debtors' claims and noticing agent is Epiq Bankruptcy
Solutions, LLC, WongPartnership LLP, as special Singapore counsel.

The Debtor's estimated assets is $500 million to $1 billion and its
estimated Liabilities is $100 million to $500 million.

Judy A. Robbins, the U.S. Trustee for Region 7, on March 21
appointed five creditors of EMAS CHIYODA Subsea Limited, et al., to
serve on the official committee of unsecured creditors.


ENERGIS PETROLEUM: Unsecured Claims Total $3.1MM
-------------------------------------------------
Energis Petroleum, LLC, filed with the U.S. Bankruptcy Court for
the Southern District of Florida a first amended disclosure
statement dated March 28, 2017, in connection with the Debtor's
Chapter 11 plan of liquidation.

The Plan contemplates and is predicated upon the previously
approved sale of substantially all of the Debtor's assets to the
purchaser.  This means that the Debtor proposes to satisfy the
claims of its creditors from cash on hand, which is in the trust
account of Steven E. Wallace, Esq. -- the disbursing agent -- and
is currently in the amount of $958,375.76, which includes escrows
pursuant to the sales court order in the amount of $508,257.53 for
the Class 5 Claim of National Business Communications, Inc.,
$85,583.75 set aside for the Class 6 Claim of PM Okeechobee, LLC.

Class 7 consists of Allowed General Unsecured Claims.  There are
multiple objections being filed in connection with scheduled and
unscheduled Unsecured Claims.  The claim of National Business
Communications, which originally scheduled as a secured claim but
the Court determined that it was unsecured.  The Debtor's counsel
is holding $508,257.53 in escrow in connection with 363 sales court
order.  Scheduled Unsecured Claims total $2,176,336.78.  Additional
Unscheduled Unsecured Claims (which are claims not contained in
Debtor's Petition but filed as proofs of claim) total $442,613.09.
The total Unsecured Claims are $3,127,207.40.

After satisfaction in full or satisfaction in accordance with the
Plan of all Allowed Administrative Expense Claims, Professional
Claims, Allowed Priority Tax Claims, Allowed Priority Claims,
Allowed Secured Tax Claims and Allowed Secured Claims, the
available cash will be allocated pro rata among holders of Allowed
General Unsecured Claims.  Each holder of an Allowed General
Unsecured Claim will receive a distribution or distributions from
the Disbursing Agent of its share of the available cash allocable
on account of its Allowed General Unsecured Claim, shared pro rata
with the holders of other Allowed General Unsecured Claims.

Holders of Class 8 - Interests will receive no distributions on
account of the holder's interests.  On the Effective Date, all
interests of the Debtor will be cancelled.

The First Amended Disclosure Statement is available at:

           http://bankrupt.com/misc/flsb15-19945-359.pdf

As reported by the Troubled Company Reporter on Dec. 23, 2016, the
Debtor filed with the Court a disclosure statement in connection
with its chapter 11 plan of liquidation, dated Dec 15, 2016, which
proposed to satisfy the claims of its creditors from the sale
proceeds of the Debtor's assets.

                     About Energis Petroleum

Headquartered in Boca Raton, Florida, Energis Petroleum, LLC, filed
for Chapter 11 protection (Bankr. S.D. Fl. Case No.15-19945) on
June 1, 2015, with estimated assets of $0 to $50,000 and estimated
liabilities of $1 million to $10 million.  The petition was signed
by Keith Duffy, managing member.


ESSAR STEEL: Slated to Present Plan for Confirmation on April 26
----------------------------------------------------------------
The Hon. Brendan L. Shannon of the U.S. Bankruptcy Court for the
District of Delaware has approved Essar Steel Minnesota LLC, and
ESML Holdings Inc.'s first amended disclosure statement referring
to the Debtors' Chapter 11 plan of reorganization.

The Court has set the plan confirmation hearing for April 26, 2017,
at 9:30 a.m. (Prevailing Eastern Time).  Objections to the Plan
must be filed by April 17, 2017, at 4:00 p.m. (Prevailing Eastern
Time).

The deadline for voting on the Plan is April 19, 2017, at 4:00 p.m.
(Prevailing Eastern Time).

As reported by the Troubled Company Reporter on March 28, 2017, the
Debtors on March 16 filed with the Court their latest disclosure
statement, which explains their proposed plan to exit Chapter 11
protection.  The plan contains revised provisions on litigation
trust distributions.  According to the filing, prior to any plan
distribution to Class B beneficial trust interests, the litigation
trust will repay $5 million, together with simple interest accruing
at a rate of 8% per annum commencing on the effective date, to the
Class A beneficial trust interests in full satisfaction of the cash
collateral financing.

Jeff Montgomery, writing for Bankruptcy Law360, reports that the
Disclosure Statement won court approval only after company
attorneys agreed to add a clear declaration to its bid procedures
section.  A hearing will be held on April 13, 2017, at 10:00 a.m.
(Prevailing Eastern Time) to consider the approval of bid
procedures.  Objections to the Bid Procedures must be filed by
April 10, 2017, at 4:00 p.m. (Prevailing Eastern Time).

Citing the Debtor's counsel, Law360 relates that SPL Advisors LLC,
the Debtor's sponsor and lender, could get a $15 million
termination fee under the plan if outbid in a proposed minimum --
$250 million equity sale and potential auction of the 6,000-acre
mine development project.

Law360 says that total termination fee payouts could rise as high
as $25 million if the Debtor fails to close with the winning bidder
within 60 days, or if other conditions are unmet.  The report
quoted Robert M. Novick, Esq., at Kasowitz Benson Torres & Friedman
LLP, the attorney for the official committee of unsecured
creditors, as saying, "What we're hearing about now sounds like
protectionist bid procedures.  This is a surprise for us.  I don't
see the bid procedures getting approved as-is."

The court order is available at:

            http://bankrupt.com/misc/deb16-11626-817.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.


FLORIDA EAR: Hires McHale as Financial Advisors & Expert Witness
----------------------------------------------------------------
Florida Ear & Sinus Center, P.A., seeks authority from the U.S.
Bankruptcy Court for the Middle District of Florida to employ the
McHale P.A., as financial advisors and expert witness to the
Debtor.

Florida Ear requires McHale to:

   a. review and evaluate operations, spreadsheets, financial
      statements, business plans, financial projections, and
      other data, with the objective of assisting the Debtor in
      addressing various contested matters in the bankruptcy
      case;

   b. advise and assist the Debtor in seeking, negotiating, and
      mediating a settlement, if possible;

   c. advise and assist the Debtor with respect to a plan of
      reorganization and negotiations regarding same;

   d. assist the Debtor in providing expert testimony as
      necessary; and

   e. perform other work as may be requested by the Debtor.

McHale will be paid at these hourly rates:

     Professionals                 $125-$400
     Clerical                      $80

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

Jerry McHale, member of McHale P.A., 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.

McHale can be reached at:

     Jerry McHale
     MCHALE P.A.
     1601 Jackson Street, Suite 200
     Fort Myers, FL 33901
     Tel: (239) 337-0808
     Fax: (239) 337-1178

               About Florida Ear & Sinus Center, P.A.

Headquartered in Sarasota, Florida, Florida Ear & Sinus Center,
P.A., owns and operates a medical practice which specializes in the
treatment of diseases and surgery of the ears, nose and throat.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. M.D.
Fla. Case No. 17-01120) on Feb. 13, 2017, estimating its assets and
liabilities at between $100,001 and $500,000 each. Harley E.
Riedel, Esq., at Stichter Riedel Blain & Postler, P.A., serves as
the Debtor's bankruptcy counsel.

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


FORMOSA PLANTATION: Financing From gotoPremiumFinance.com Approved
------------------------------------------------------------------
The Hon. Elizabeth W. Magner of the U.S. Bankruptcy Court for the
Eastern District of Louisiana has granted Formosa Plantation, LLC,
permission to incur debt, execute and make cash down payment and
monthly payments pursuant to insurance premium financing agreement
with gotoPremiumFinance.com.

The Debtor is authorized, nunc pro tunc to Dec. 16, 2016, to
execute the Insurance premium financing agreement with
gotoPremiumFinance.com and to make all payments due pursuant to the
Agreement including, but not limited to, the cash down payment of
$591.50 on Dec. 16, 2016, and nine monthly payments in the amount
$210.71 commencing on Jan. 15, 2017, and to execute and deliver
documents and amendments to the Agreement that the Debtor and GTPF
may deem reasonably necessary or desirable to carry out the
Agreement.

The Debtor is authorized to grant to GTPF a first priority security
interest in the subject insurance policy including (but only to the
extent permitted by applicable law) (a) all money that is or may be
due to the Debtor because of a loss under the subject insurance
policy that reduces the unearned premiums; (b) any unearned premium
under the subject insurance policy; (c) dividends which may become
due to the Debtor in connection with the subject insurance policy;
and (d) interests arising under any state guarantee fund.

The court order is available at:

           http://bankrupt.com/misc/laeb16-12645-72.pdf

As reported by the Troubled Company Reporter on Jan. 26, 2017, the
Debtor asked the Court for authorization to obtain insurance
premium financing from GTPF.  The Debtor contended that the
insurance will bear total premiums of $2,366 and the payment of
that amount from the Debtor's cash on hand in a single payment
would potentially hinder the Debtor's ability to pay other
operational expenses in the ordinary course of business.  

                     About Formosa Plantation

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

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


FORTERRA FINANCE: Moody's Rates Proposed $200MM 1st Lien Loan B1
----------------------------------------------------------------
Moody's Investors Service assigned a B1 rating to Forterra Finance,
LLC's proposed $200 million incremental first lien term loan (the
"Incremental Term Loan") due October 2023. The incremental term
loan will be used to repay the currently drawn portion of
Forterra's asset-based loan ("ABL"). As part of this transaction,
Forterra will also reprice its existing $1,050 million senior lien
term loan. All other terms and conditions on the first lien term
loan will remain unchanged.

The following is a summary of Moody's ratings and rating actions
taken for Forterra Finance, LLC:

- Proposed $200 million incremental senior secured first lien
   term loan due October 2023, assigned B1(LGD4)

RATINGS RATIONALE

Moody's views the proposed $200 million incremental first lien term
loan and the associated repricing of the existing $1,050 million
senior lien term loan as credit neutral. Although the company's
debt leverage is currently elevated for its rating category and
this transaction decreases the likelihood Forterra will reduce
balance sheet debt, Moody's still expects Forterra to deleverage
during the next 12 to 18 months as the company continues to benefit
from an expanded revenue base and higher margins. Moody's expects
Forterra to perform well during Moody's time horizon with sales
growth within the single low-to-mid range by FYE 2017 while
maintaining gross margins above 18%.

The stable outlook is based upon Moody's expectations that Forterra
will be able to generate sufficient cash from operations to fund
basic cash requirements and expenditures while maintaining its
credit metrics within the B1 category during the next 12 to 18
months.

WHAT COULD CHANGE RATINGS UP/DOWN

Positive rating actions could ensue if Forterra's operating
performance exceeds Moody's expectations, resulting in a better
liquidity profile and adjusted debt credit metrics as follows:

- Adjusted debt-to-EBITDA sustained below 2.75x.

- Interest coverage (measured as EBITA-to-Interest Expense),
   sustained above 3.5x.

- Consistent levels of positive free cash flow are maintained.

Alternatively, negative rating actions may occur if Forterra's
operating performance falls below Moody's expectations, or if the
company experiences a weakening in financial performance resulting
in the following adjusted metrics:

- Adjusted debt-to-EBITDA increasing above 4.25x.

- Interest coverage (measured as EBITA-to-Interest Expense),
   sustained below 2.0x.

- Operating and profit margins contract materially.

- Free cash flow deteriorates significantly and on a sustained
   basis.

Headquartered in Irving, Texas, and operating under the brand name
"Forterra Building Products," Forterra manufactures concrete and
steel building products in the United States and eastern Canada.
The company operates under two segments: 1) Drainage Pipe &
Products and 2) Water Pipe & Products. For the twelve months ended
December 31, 2016, Forterra generated $1,594 million of revenue and
$281 million of Moody's adjusted EBITDA. All calculations include
Moody's standard adjustments.

The principal methodology used in this rating was Global
Manufacturing Companies published in July 2014.


GAINESVILLE HOSPITAL: Moody's Confirms Ba1 GOLT Bonds Rating
------------------------------------------------------------
Moody's Investors Service has confirmed the Ba1 rating on
Gainesville Hospital District, TX's general obligation limited tax
bonds, affecting $19.7 million currently outstanding. The rating
reflects ongoing developments in bankruptcy including interim cash
flow relief provided by the DIP loan, transition of hospital
management from the district to Universal Health Services, Inc.
(UHS; Ba1 stable), lack of objections filed from creditors and
stakeholders and plans to pay all debts in full with GOLT
refundings. The Ba1 also considers elements of the long-term lease
to be signed with UHS, potential challenges due to the district's
payor mix and uncertainties surrounding the future of supplemental
funding in the state. The district's stable tax base and ample
headroom below the tax rate cap are also incorporated in the
rating.

Rating Outlook

The developing outlook reflects the likelihood of a rating change
over the near term as the district works through bankruptcy and
upcoming debt validation hearings and finalizes its long term lease
agreement with UHS.

Factors that Could Lead to an Upgrade

A sustained trend of improved operating margins and patient
volumes

Favorable outcomes in upcoming hearings

Successful emergence from bankruptcy and full transition of
hospital management to UHS

Factors that Could Lead to a Downgrade

Material unfavorable changes to supplemental funding

Further declines in patient volumes

UHS backs out of long term lease

Legal Security

The bonds are secured by a continuing direct ad valorem tax on all
taxable property within the district. The tax rate is limited to
$7.50 per $1,000 assessed valuation, provided that no more than
$6.50 per $1,000 is levied for debt service.

Use of Proceeds

Not applicable.

Obligor Profile

The district owns and operates the North Texas Medical Center
(NTMC), a 60-bed acute care hospital located in the City of
Gainesville, TX. The city is located 60 miles north of the
Dallas-Fort Worth metroplex and five miles south of the
Texas-Oklahoma Border. The service area is predominantly Cooke
County. The NTMC also sees patients from eastern Montague County,
western Grayson County, northern Denton County and southern Love
County, Oklahoma.

Methodology

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


GANDER MOUNTAIN: Gordon/Hilco Are Lead Bidders for Assets
---------------------------------------------------------
Gander Mountain Company on March 30, 2017, disclosed that it has
filed a stalking horse bid by a joint venture comprised of Gordon
Brothers and Hilco Merchant Resources to purchase substantially all
of its assets.  The filing was made as part of the Company's
proceedings under Chapter 11 of the United States Bankruptcy Code.

In its filing, the Company noted that the stalking horse agreement
and bid procedures were designed to facilitate a seamless sale of
the company as a going-concern.  The agreement satisfies one of the
company's planned milestones and ensures operational continuity
necessary to support a successful sale.  Gander Mountain believes
it has substantial market value to strategic buyers and that the
agreement provides a competitive baseline to evaluate subsequent
offers and maximize value to its stakeholders.  The Company and its
advisors remain in discussions with a number of interested parties
that are engaged in due diligence in an effort to finalize
proposals, offers and bids.  As previously announced, the Company
expects to continue these efforts prior to an auction to be held in
late April 2017.  The Company expects to submit the winning bid to
the Court for approval in early May and anticipates a closing of
the sale by May 15.

The agreement was filed in the U.S. Bankruptcy Court for the
District of Minnesota, case numbers 17-30673 and 17-30675.  

                      About Gander Mountain

Gander Mountain Company operates outdoor specialty stores dedicated
for shooting sports, hunting, fishing, camping, marine, apparel,
footwear, and outdoor lifestyle products.  Its subsidiary
Overton's, Inc. is a catalog and internet retailer of products for
the recreational boater and other water sports enthusiasts at
http://www.Overtons.com/   

Gander Mountain and Overton's Inc. sought protection under Chapter
11 of the Bankruptcy Code (Bankr. D. Minn. Case Nos. 17-30673 and
17-30675) on March 10, 2017.  The petitions were signed by Timothy
Becker, Executive VP of Lighthouse Management Group, Inc., as CRO.


The cases are assigned to Judge Michael E. Ridgway.

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

The Debtors' advisors in the restructuring are Fredrikson & Byron,
PA, which serves as legal counsel; Lighthouse Management Group,
chief restructuring officer; Hilco Real Estate LLC, real estate
advisor; and Faegre Baker Daniels LLP, special corporate counsel.
Donlin, Recano & Company Inc. is the Debtors' claims, noticing and
balloting agent. Houlihan Lokey Capital Inc. serves as the Debtors'
Investment Banker.

On March 13, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors. The committee members
are: (1) Ellett Brothers; (2) Carhartt, Inc.; (3) Smith & Wesson
Corp; (4) Pure Fishing, Inc.; (5) Benelli USA; (6) Vista Outdoor
Sales, LLC; (7) National Retail Properties, Inc.; (8) Liberty Safe
and Security Products, Inc.; and (9) DDR Corp.  

The Committee hired Jeffrey Cohen, Esq. at Lowenstein Sandler LLP
as its counsel and Connie Lahn, Esq., Christopher Knapp, Esq. and
Roger Maldonado, Esq. at Barnes & Thornburg LLP as co-counsel.


GENERAL WIRELESS: Adobe Plaza, et al., Try to Block Cash Use
------------------------------------------------------------
Adobe Plaza, LLC, Levin Properties, L.P. and Clarion Partners, and
taxing units Richardson ISD, et al., each filed with the U.S.
Bankruptcy Court for the District of Delaware a limited objection
to General Wireless Operation, Inc., dba RadioShack, et al.'s
motion for authorization to use cash collateral.

The Debtors' motion seeks to use cash collateral, providing
adequate protection to the senior and junior lien creditors to
operate outside the ordinary course of business by selling assets
and proceeding with store closing sales.

Adobe Plaza and Levin and Clarion claim that among others, the
budget fails to provide payment of rent due and owing to Landlord
for the stub rent -- the amounts between March 8, 2017, through
March 31, 2017, until after June 2017.  The payment after June 2017
will be well after the senior lien creditors are paid and without
consent of the junior lien creditors.  Further, majority of the
stores will be closed by April.  

The Taxing Units also include Arlington ISD, City of Azle, City of
Benbrook, City of Haltom City, Eagle Mountain-Saginaw ISD, Potter
County, Randall County, Gray County Tax Office, City of Houston,
Clear Creek, Spring ISD, Spring Branch ISD, Tomball ISD, City of
Tomball, Klein ISD, La Porte ISD, Alief ISD, Mission Bend MUD 2,
Humble ISD, Galena Park ISD, City of Rosenburg, Fort Bend ISD,
Brazoria County, Magnolia ISD, Walker County CAD, City of Katy,
Dickinson ISD, City of Meadows Place.  The Taxing Units are a
political subdivision of the State of Texas and, as such, are
required by the constitution of the State of Texas to levy and
assess ad valorem taxes on all property located within their
respective taxing jurisdictions as of Jan. 1 of each tax year.
Pursuant to Texas law, a lien automatically attached to Debtors'
real and business personal property located within Arlington ISD,
et al.'s taxing jurisdictions on Jan. 1, to secure payment of all
taxes, penalties, and interest ultimately imposed on the Debtors'
property.

The Taxing Units request the Court to order that their prepetition
tax liens are not primed by junior secured lienholders, that their
prepetition taxes are to be paid at the time of a business closing
of any real and business personal property encumbered by their
secured ad valorem tax liens or, in the alternative, that a
separate escrow or segregated account be created from any sales
proceeds related to such encumbered property for the pre-petition
taxes as adequate protection for the tax liens, and for all further
relief as is just and proper.

Copies of the objections are available at:

          http://bankrupt.com/misc/deb17-10506-251.pdf
          http://bankrupt.com/misc/deb17-10506-263.pdf
          http://bankrupt.com/misc/deb17-10506-309.pdf

The Court entered an interim order on March 15 authorizing the use
of cash collateral of financed debtors General Wireless Operations
Inc. and General Wireless Holdings Inc., including cash and other
amounts on deposit or maintained in any account or accounts by
either financed debtor for the benefit of Sprint Solutions, Inc.
Final hearing was set for March 29, 2017, at 10:30 a.m. (prevailing
Eastern Time).  A copy of the court order is available at
http://bankrupt.com/misc/deb17-10506-138.pdf

The Debtors' request for authorization to use cash collateral also
met objections from:

     a. Federal Warranty Service Corporation, American Bankers
        Insurance Company of Florida, Sureway, Inc., United
        Service Protection, Inc., and Assurant Service Protection,

        Inc., on March 20, which requested that any court order
        granting the cash collateral motion specify that the trust

        money be specifically excluded from the definition of cash

        collateral;

     b. The Official Committee of Unsecured Creditors on March 24,

        which claimed that there are numerous terms of the
        proposed cash collateral usage that are inappropriate and
        should be denied;

     c. landlords 278 Main Street Company, et al., on March 24,
        complaining that the Debtors should be required to pay
        Stub Rent under their leases with the landlords.  The
        Court should not allow the Debtors to conduct their
        businesses outside of the ordinary course of business, and

        conduct store closing sales which are highly disruptive to

        the Landlords' shopping centers, for the direct benefit of

        the lien creditors, without also ensuring that the Debtors

        timely pay Stub Rent;

     d. James Campbell Company LLC, Kahala Center Company, and
        Kamehameha Center Company on March 24, complaining that
        there is no provision in the Budget until June to pay
        Landlords for the rent owed to the Landlords for Debtors'
        use of their property from March 8, 2017, through
        March 31, 2017; and

     e. Lilac Mall Associates, LLC, New Paltz Properties, L.P.,
        Boiling Springs (Boiling Springs) WMS, LLC, Durham
        (Parkway) UY, LLC, Hendersonville (Highlands) WMS, LLC,
        Shelby (Creekside) WMS, LLC, Surfside Beach (Surfside)
        WMB, LLC, Westmoreland, Inc. – Villa Rica (Villa Rica)
        SRX, LLC, Inland Western Bay Shore Gardiner, L.L.C., and
        KRG Pine Ridge, LLC, on March 27, saying that their
        counsel sent an e-mail to counsel for the Debtors
        requesting an extension of the objection deadline in order

        to allow ongoing negotiations with respect to certain
        stub rent payment issues to continue.  The counsel for the

        Debtors instead agreed to recognize the email as a timely
        informal objection to the cash collateral motion.  

The Objections are available at:

          http://bankrupt.com/misc/deb17-10506-196.pdf
          http://bankrupt.com/misc/deb17-10506-255.pdf
          http://bankrupt.com/misc/deb17-10506-258.pdf
          http://bankrupt.com/misc/deb17-10506-259.pdf
          http://bankrupt.com/misc/deb17-10506-298.pdf

Adobe Plaza is represented at:

     Daniel C. Kerrick, Esq.
     CICONTE SCERBA & KERRICK, LLC
     1300 King Street
     Wilmington, DE 19801
     Tel: (302) 658-7101
     E-mail: dkerrick@cskdelaw.com

          -- and --

     Alan I. Nahmias, Esq.
     MIRMAN, BUBMAN & NAHMIAS, LLP
     21860 Burbank Boulevard, Suite 360
     Woodland Hills, CA 91367
     Tel: (818) 995-2555
     Fax: (818) 451-4620
     E-mail: anahmias@mbnlawyers.com

Levin and Clarion are represented by:

     John R. Weaver, Jr., Esq.
     STARK & STARK
     A Professional Corporation
     P.O. Box 510
     203 W. 18th Street
     Wilmington, Delaware 19899
     Tel: (302) 428-1077 (Main)
          (302) 655-7371 (Direct)
     E-mail: jrweaverlaw@verizon.net

          -- and --

     Thomas S. Onder, Esq.
     STARK & STARK
     A Professional Corporation
     993 Lenox Drive
     Lawrenceville, NJ 08648
     Tel: (609) 219-7459
     Fax: (609) 895-7395

The Committee is represented by:

     Richard M. Beck, Esq.
     Michael W. Yurkewicz, Esq.
     KLEHR HARRISON HARVEY BRANZBURG LLP
     919 Market Street, Suite 1000
     Wilmington, DE 19801
     Tel: (302) 426-1189
     Fax: (302) 426-9193

          -- and --

     Eric Wilson, Esq.
     Jason R. Adams, Esq.
     Lauren S. Schlussel, Esq.
     KELLEY DRYE & WARREN LLP
     101 Park Avenue
     New York, NY 10178
     Tel: (212) 808-7800
     Fax: (212) 808-7897

The Taxing Units are represented by:

     Eboney Cobb, Esq.
     PERDUE, BRANDON, FIELDER, COLLINS & MOTT, L.L.P.
     500 E. Border Street, Suite 640
     Arlington, Texas 76010
     Tel: (817) 461-3344
     Fax: (817) 860-6509
     E-mail: ecobb@pbfcm.com

Federal Warranty is represented by:

     Michael Busenkell, Esq.
     GELLERT SCALI BUSENKELL & BROWN, LLC
     1201 N. Orange Street, Suite 300
     Wilmington, DE 19801
     Tel: (302) 425-5812
     Fax: (302) 425-5814
     E-mail: mbusenkell@gsbblaw.com

           -- and --

     Raul A. Cuervo, Esq.
     CARLTON FIELDS, P.A.
     Miami Tower
     100 S.E. Second Street
     Suite 4200
     Miami, FL 33131-2113
     Tel: (305) 530-0050
     Fax: (305) 530-0055
     E-mail: rcuervo@cjblaw.com

          -- and --

     Donald R. Kirk, Esq.
     CARLTON FIELDS, P.A.
     Corporate Center Three at International Plaza
     4221 W. Boy Scout Boulevard
     Suite 1000
     Tampa, FL 33607-5780
     Tel: (813) 223-7000
     Fax: (813) 229-4133
     E-mail: dkirk@cjblaw.com

278 Main Street Company, et al. are represented by:

     Matthew G. Summers, Esq.
     Leslie C. Heilman, Esq.
     Chantelle D'nae McClamb, Esq.
     BALLARD SPAHR LLP
     919 N. Market Street, 11th Floor
     Wilmington, DE 19801
     Tel: (302) 252-4465
     Fax: (302) 252-4466
     E-mail: summersm@ballardspahr.com         
             heilmanl@ballardspahr.com    
             mcclambc@ballardspahr.com

          -- and --

     Dustin P. Branch, Esq.
     BALLARD SPAHR LLP
     2029 Century Park East, Suite 800
     Los Angeles, CA 90067-3012
     Tel: (424) 204-4354
     Fax: (424) 204-4350
     E-mail: branchd@ballardspahr.com

          -- and --

     David L. Pollack, Esq.
     BALLARD SPAHR LLP
     51st Fl - Mellon Bank Center
     1735 Market Street
     Philadelphia, Pennsylvania 19103
     Tel: (215) 864-8325
     Fax: (215) 864-9473
     E-mail: pollack@ballardspahr.com

James Campbell Company LLC, et al., are represented by:

     Susan E. Kaufman, Esq.
     LAW OFFICE OF SUSAN E. KAUFMAN, LLC
     919 North Market Street, Suite 460      
     Wilmington, DE 19801      
     Tel: (302) 472-7420      
     Fax: (302) 792-7420
     E-mail: skaufman@kaufmanlaw.com

          -- and --

     Nancy J. Newman, Esq.
     HANSON BRIDGETT LLP
     425 Market Street, 26th Floor
     San Francisco, CA 94105
     Tel: (415) 777-3200
     Fax: (415) 995-3450
     E-mail: nnewman@hansonbridgett.com

Lilac Mall Associates, LLC, et al., is represented by:

     Leslie C. Heilman, Esq.
     BALLARD SPAHR LLP
     919 North Market Street, 11th Floor
     Wilmington, DE 19801
     Tel: (302) 252-4465
     Fax: (302) 252-4466
     E-mail: heilmanl@ballardsparh.com

          -- and --

     Kevin M. Newman, Esq.
     MENTER, RUDIN & TRIVELPIECE, P.C.
     308 Maltbie Street, Suite 200
     Syracuse, New York 13204-1439
     Tel: (315) 474-7541
     Fax: (315) 474-4040
     E-mail: knewman@menterlaw.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 Ft.
Worth, TX, filed a Chapter 11 petition (Bankr. D. Del. Lead Case
No. 17-10506) on March 8, 2017.  Pepper Hamilton LLP, as counsel,
Jones Day as co-counsel, Prime Clerk, LLC as claims and noticing
agent, Loughlin Management Partners & Company, Inc.

In its petition, the Debtor estimated $100 million to $500 million
in both assets and liabilities.  The petition was signed by
Bradford Tobin, SVP, general counsel.


GLACIERVIEW HAVEN: Trustee Taps Mervyn Thompson as Special Counsel
------------------------------------------------------------------
Andrew Wilson, the Chapter 11 trustee for Glacierview Haven LLC,
seeks approval from the U.S. Bankruptcy Court for the Western
District of Washington to hire Mervyn Thompson, Esq., as special
counsel.

The trustee requires the assistance of special counsel to evict a
tenant of one of the mobile homes, and commence eviction
proceedings in Skagit County Superior Court, according to court
filings.  

The proposed counsel will charge an hourly rate of $250 for his
services.

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

                     About Glacierview Haven

Glacierview Haven, LLC filed a Chapter 11 bankruptcy petition
(Bankr. W.D. Wash. Case No. 15-17327) on December 17, 2015.  Marc
S. Stern, Esq., served as bankruptcy counsel to the Debtor.

Forest Court, LLC filed a Chapter 11 petition (Bankr. W.D. Wash.
Case No. 15-17329) on December 17, 2015, represented by Mr. Stern.

Skagit River Resort, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Wash. Case No. 16-11632) on March 28,
2016.  The petition was signed by Don Clark, manager. The Debtor
was also represented by Mr. Stern.  Skagit River disclosed total
assets of $2.22 million and total debts of $894,828.

The court later consolidated the three cases for procedural
Purposes, and then appointed Andrew Wilson as the Chapter 11
trustee.  

The trustee hired Quackenbush & Hansen, P.S. as accountant; Welles
Rinning, LLC as real estate consultant and listing agent; and
Tupper Mack Wells PLLC as special counsel.

On February 28, 2017, the trustee filed a disclosure statement,
which explains his proposed Chapter 11 plan of reorganization for
the Debtor.


GOODMAN NETWORKS: Seeks to Hire Haynes and Boone as Co-Counsel
--------------------------------------------------------------
Goodman Networks Incorporated seeks approval from the U.S.
Bankruptcy Court for the Southern District of Texas to hire Haynes
and Boone, LLP.

Haynes and Boone will serve as co-counsel with Kirkland & Ellis LLP
and Kirkland & Ellis International LLP, the firm also tapped by
Goodman Networks and its affiliates to be their legal counsel.

To avoid duplication of services, Haynes and Boone will primarily
provide these services:

     (a) provide legal services necessary in the administration of

         the Debtors' cases and not otherwise performed by
         Kirkland;

     (b) advise the Debtors and their other professionals         

         regarding matters of local practice and procedure in the
         Southern District of Texas;

     (c) advise the Debtors concerning the negotiation and         

         documentation of financing agreements;

     (d) advise the Debtors regarding general corporate and
         SEC matters;

     (e) review and comment on drafts of applications and other
         documents to be filed in the Debtors' cases;

     (f) work with and coordinate efforts among Kirkland and the
         Debtors' other professionals to preclude any duplication
         of effort in the overall framework of the Debtors'
         reorganization;

     (g) appear at hearings, meetings with the U.S. trustee, and
         meetings of creditors as bankruptcy co-counsel at the
         Debtors' request;

     (h) at the request of the Debtors, work with professionals
         retained by other parties to structure resolution of
         issues for the Debtors.

The primary attorneys and paralegal at Haynes and Boone who will
represent the Debtors and their hourly rates are:

     Kenneth Bezozo        Partner       $960
     Sam Lichtman          Partner       $840
     Gregory Samuel        Partner       $740
     Paul Amiel            Partner       $740
     Stephen Pezanosky     Partner       $680
     Bruce Newsome         Partner       $640
     Bo Sartain            Counsel       $596
     J. Frasher Murphy     Partner       $540
     Matthew Fry           Partner       $520
     Matthew Ferris        Partner       $500
     Monika Sanford        Partner       $500
     Kourtney Lyda         Counsel       $556
     Kelli Norfleet        Associate     $472
     Brandon Elliott       Associate     $328
     Lucy Liu              Associate     $328
     Steven Franklin       Associate     $288
     Kim Morzak            Paralegal     $260
     Ken Rusinko           Paralegal     $260

Haynes and Boone has been paid $2,073,875.57 as compensation for
services rendered and costs incurred for the one-year period prior
to the Debtors' bankruptcy filing.

Stephen Pezanosky, Esq., a partner at Haynes and Boone, 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:

     Stephen M. Pezanosky, Esq.
     Haynes and Boone, LLP
     2323 Victory Avenue, Suite 700
     Dallas, TX 75219
     Tel: +1 214.651.5000
     Fax: +1 214.651.5940

                     About Goodman Networks

Goodman Networks, along with two of its affiliates, filed a
voluntary petition under Chapter 11 of the Bankruptcy Code (Bankr.
S.D. Tex. Lead Case No. 17-31575) on March 13, 2017, citing
decreased demands for its services and increased debt as a result
of a series of strategic acquisitions in 2013.  The Debtors
commenced the Chapter 11 cases after reaching an agreement with 75%
noteholders and 80% shareholders on the terms of a comprehensive
balance-sheet restructuring.  The Debtors, which provide end-to-end
network infrastructure and professional services to
telecommunications industry, and installation and maintenance
services for satellite communications, have $325 million of
outstanding debt in the form of 12.125% senior secured notes due
July 2018, as disclosed in the bankruptcy filing.

In its petition, Goodman Networks estimated $100 million to $500
million in both assets and liabilities.  The petitions were signed
by John Debus, interim chief financial officer.

The Debtors have hired Kirkland & Ellis LLP as general counsel,
Jefferies LLC as financial advisor, FTI Consulting, Inc. as
restructuring advisor, June Creek Interests as crisis manager and
Kurtzman Carson Consultants, LLC As noticing, claims and balloting
agent.

The Debtors filed a plan of reorganization and related disclosure
statement together with the bankruptcy petitions.  Under the Plan,
the secured notes claims of $325 million will receive their pro
rata share of $25 million in cash, $112.5 million of new 8% senior
secured notes due 2022, new payment-in-kind preferred stock in
reorganized Goodman having an initial liquidation value of $80
million and shares of new common stock in Reorganized Goodman
representing 42% of the common stock of Reorganized Goodman on the
Effective Date.

All holders of existing Goodman Interests will maintain ownership
(on a pro rata basis) of 7.9 percent of the common stock in
Reorganized Goodman.  General unsecured claims will be paid in
Full in cash.  Administrative claims, priority tax claims and
secured claims will be paid in full in cash.

The Plan will be funded from cash on hand and issuance and
distribution of the New Secured Notes, issuance and distribution
of the New PIK Preferred Stock and issuance and distribution of the
New Common Stock and dilution of interests in Goodman.

In conjunction with the RSA and the Debtors' prepetition
solicitation process, the Debtors also engaged with MidCap
Financial Trust, the administrative agent and lender, regarding the
treatment of the Debtors' prepetition revolving credit facility.
After good-faith negotiations, the Credit Facility Lender agreed to
forbear from exercising remedies with respect to certain defaults
in return for the pay-down of all outstanding amounts under the
Credit Facility on March 8, 2017.  In addition, the Credit Facility
Lender has committed to provide a $25 million post-emergence
revolving credit facility on substantially the same terms as the
prepetition Credit Facility.  The Exit Facility will ensure that
the Debtors' reorganized balance sheet is appropriately
capitalized.

On a post-reorganization basis, the transactions in the Plan would
result in a reduction of outstanding funded indebtedness by more
than $212.5 million as well as significantly reducing interest
expense.

Counsel to the Consenting Noteholders:

     Michael S. Stamer, Esq.
     Meredith Lahaie, Esq.
     Sara Lynne Brauner, Esq.
     Akin Gump Strauss Hauer & Feld LLP
     One Bryant Park
     New York, New York 10036


GOODMAN NETWORKS: Seeks to Hire Kirkland as Legal Counsel
---------------------------------------------------------
Goodman Networks Incorporated seeks approval from the U.S.
Bankruptcy Court for the Southern District of Texas to hire
Kirkland & Ellis LLP and Kirkland & Ellis International LLP as
legal counsel.

Kirkland & Ellis will provide these services in connection with the
Chapter 11 cases of Goodman Networks and its affiliates:

     (a) advise the Debtors with respect to their powers and
         duties in the continued management and operation of their

         businesses and properties;

     (b) give legal advice regarding the conduct of the bankruptcy

         cases;

     (c) attend meetings and negotiate with representatives of
         creditors and other parties;

     (d) take all necessary actions to protect and preserve the
         Debtors' estates, including prosecuting actions on their
         behalf;

     (e) prepare legal papers and appear before the bankruptcy
         court and any appellate courts;

     (f) represent the Debtors in connection with obtaining
         authority to continue using cash collateral and post-     
   
         petition financing;

     (g) advise the Debtors on any potential sale of assets and
         tax-related matters; and

     (h) negotiate, prepare, and obtain approval of a disclosure
         statement and confirmation of a Chapter 11 plan.

The hourly rates charged by the firm are:

     Partners            $995 - $1,745
     Of Counsel          $645 - $1,595
     Associates          $555 - $1,015
     Paraprofessionals     $190 - $420

The firms received an "advance payment retainer" in the amount of
$35,000 from the Debtors in November 2015.  Subsequently, the
Debtors paid an additional advance payment retainer totaling
$1,273,563.05.

Patrick Nash, Jr., president of Patrick J. Nash, Jr., P.C., a
partner of Kirkland, disclosed in a court filing that the firms are
"disinterested" 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.
Nash disclosed that his firm and the Debtors have not agreed to any
variations from or alternatives to the firm's standard billing
arrangements in connection with its employment.

Mr. Nash also disclosed that Kirkland represented the Debtors
during the 12-month period prior to the bankruptcy filing using the
hourly rates, which range from $995 to $1,745 for partners, $645 to
$1,595 for "of counsel," $555 to $1,015 for associates, and $190 to
$420 for paraprofessionals.

The Debtors have already approved Kirkland's budget and staffing
plan for the period March 13 to April 30, 2017, according to Mr.
Nash.

The firms can be reached through:

     Patrick J. Nash, Jr., Esq.
     Joseph M. Graham, Esq.
     Kirkland & Ellis LLP
     Kirkland & Ellis International LLP
     300 North LaSalle
     Chicago, IL 60654
     Tel: (312) 862-2000
     Fax: (312) 862-2200     
     Email: patrick.nash@kirkland.com
     Email: joe.graham@kirkland.com

          - and -

     Joshua A. Sussberg, Esq.
     Alexander N. Cross, Esq.
     Kirkland & Ellis LLP
     Kirkland & Ellis International LLP
     601 Lexington Avenue
     New York, NY 10022
     Tel: (212) 446-4800
     Fax: (212) 446-4900
     Email: joshua.sussberg@kirkland.com
     Email: alex.cross@kirkland.com

                     About Goodman Networks

Goodman Networks, along with two of its affiliates, filed a
voluntary petition under Chapter 11 of the Bankruptcy Code (Bankr.
S.D. Tex. Lead Case No. 17-31575) on March 13, 2017, citing
decreased demands for its services and increased debt as a result
of a series of strategic acquisitions in 2013.  The Debtors
commenced the Chapter 11 cases after reaching an agreement with 75%
noteholders and 80% shareholders on the terms of a comprehensive
balance-sheet restructuring.  The Debtors, which provide end-to-end
network infrastructure and professional services to
telecommunications industry, and installation and maintenance
services for satellite communications, have $325 million of
outstanding debt in the form of 12.125% senior secured notes due
July 2018, as disclosed in the bankruptcy filing.

In its petition, Goodman Networks estimated $100 million to $500
million in both assets and liabilities.  The petitions were signed
by John Debus, interim chief financial officer.

The Debtors have hired Kirkland & Ellis LLP as general counsel,
Jefferies LLC as financial advisor, FTI Consulting, Inc. as
restructuring advisor, June Creek Interests as crisis manager and
Kurtzman Carson Consultants, LLC as noticing, claims and balloting
agent.

The Debtors filed a plan of reorganization and related disclosure
statement together with the bankruptcy petitions.  Under the Plan,
the secured notes claims of $325 million will receive their pro
rata share of $25 million in cash, $112.5 million of new 8% senior
secured notes due 2022, new payment-in-kind preferred stock in
reorganized Goodman having an initial liquidation value of $80
million and shares of new common stock in Reorganized Goodman
representing 42% of the common stock of Reorganized Goodman on the
Effective Date.

All holders of existing Goodman Interests will maintain ownership
(on a pro rata basis) of 7.9 percent of the common stock in
Reorganized Goodman.  General unsecured claims will be paid in
Full in cash.  Administrative claims, priority tax claims and
secured claims will be paid in full in cash.

The Plan will be funded from cash on hand and issuance and
distribution of the New Secured Notes, issuance and distribution
of the New PIK Preferred Stock and issuance and distribution of the
New Common Stock and dilution of interests in Goodman.

In conjunction with the RSA and the Debtors' prepetition
solicitation process, the Debtors also engaged with MidCap
Financial Trust, the administrative agent and lender, regarding the
treatment of the Debtors' prepetition revolving credit facility.
After good-faith negotiations, the Credit Facility Lender agreed to
forbear from exercising remedies with respect to certain defaults
in return for the pay-down of all outstanding amounts under the
Credit Facility on March 8, 2017.  In addition, the Credit Facility
Lender has committed to provide a $25 million post-emergence
revolving credit facility on substantially the same terms as the
prepetition Credit Facility.  The Exit Facility will ensure that
the Debtors' reorganized balance sheet is appropriately
capitalized.

On a post-reorganization basis, the transactions in the Plan would
result in a reduction of outstanding funded indebtedness by more
than $212.5 million as well as significantly reducing interest
expense.

Counsel to the Consenting Noteholders:

     Michael S. Stamer, Esq.
     Meredith Lahaie, Esq.
     Sara Lynne Brauner, Esq.
     Akin Gump Strauss Hauer & Feld LLP
     One Bryant Park
     New York, New York 10036


GORDMANS STORES: Stage Stores Wins Auction for 50 Store Leases
--------------------------------------------------------------
Stage Stores, Inc. on March 30, 2017, disclosed that its subsidiary
has prevailed in its bid to acquire select assets of Gordmans
Stores, Inc. through a bankruptcy auction.  Under the terms of the
transaction, the Stage subsidiary will, subject to exceptions in
the purchase agreement, acquire a minimum of 50 Gordmans store
leases, with rights to assume leases for an additional seven stores
and a distribution center; all of Gordmans' inventory, furniture,
fixtures, equipment and other assets at the 57 store locations; and
the trademarks and other intellectual property of Gordmans.  Stage
intends to fund the transaction and related investments from
existing cash and availability under its credit facility.  The
transaction is expected to close during Stage's first quarter of
fiscal 2017, subject to the approval of the court administering the
Gordmans bankruptcy and customary closing conditions.
Substantially all of the remaining assets at Gordmans' remaining 48
stores and other facilities are expected to be liquidated by Tiger
Capital Group, LLC and Great American Group, LLC pursuant to their
joint bid with Stage.

Michael Glazer, President and Chief Executive Officer of Stage
commented, "We believe the Gordmans business model offers great
potential and, without the burden of a high level of debt,
unprofitable locations and an oversized infrastructure, we expect
the Gordmans business will be accretive to our earnings."  

Mr. Glazer continued, "Gordmans' stores are a natural complement to
Stage, bringing beneficial diversification and scale to our
business, while creating synergies through the use of our current
infrastructure.  By acquiring Gordmans, we believe that we have an
opportunity to benefit from its off-price competencies, deep
connection with a youthful customer, and strong home and gifts
businesses.  We are pleased to enhance our store portfolio with the
most desirable Gordmans locations, giving Stage a strong Midwestern
presence in markets generally larger than those we serve today.  We
plan to maintain the Gordmans brand and look forward to welcoming a
significant number of Gordmans employees to our Company."

Stage anticipates providing an update, including additional details
on the benefits of the transaction and its go-forward strategy for
the combined business, following the closing of the transaction.

Barclays acted as exclusive financial advisor to Stage Stores, and
Cravath, Swaine & Moore LLP and McAfee & Taft, P.C. served as legal
counsel to Stage Stores.

                        About Stage Stores

Stage Stores, Inc. -- http://www.stagestoresinc.com-- operates 798
specialty department stores in 38 states and a direct-to-consumer
channel under the BEALLS, GOODY'S, PALAIS ROYAL, PEEBLES and STAGE
nameplates.  The Company's stores, predominantly located in small
towns and communities, and direct-to-consumer business offer a
moderately priced, broad selection of trend-right, brand name
apparel, accessories, cosmetics, footwear and home goods for the
entire family.  The Company's direct-to-consumer channel includes
its e-commerce website and Send program.  Its e-commerce website
features assortments of merchandise similar to that found in its
stores, as well as products available exclusively online. The Send
program allows customers in the stores to have merchandise shipped
directly to their homes if the merchandise is not available in the
local store.

                   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: Hospital to Remain Open While in Ch. 11
-----------------------------------------------------
Green Valley Hospital, LLC, has filed for Chapter 11 bankruptcy
(Bankr. D. Ariz. Case No. 17-03353) less than two years after it
opened.

Affiliates GV Hospital Management, LLC, and GV II Holdings, LLC,
also sought bankruptcy protection on April 3, 2017.

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.

John Matuska told the Arizona Daily Star the decision to seek
Chapter 11 protection was made with the intent of financially
strengthening the hospital for long-term success.  Matuska took the
helm of the for-profit hospital in October and is its third CEO,
the report said.

Mr. Matuska stressed that the filing represents a restructuring of
debt, and will not affect day-to-day hospital operations, the
report added.  The hospital has about 300 employees and no layoffs
are expected, officials said, the report said.

"This hospital will remain open and will successfully serve our
community for a very long time," Matuska said in a prepared
statement, the report added.  "This is merely a procedural step,
and to be sustainable we have to take this step to reorganize our
finances and alleviate some of our debt burden."



H. BURKHART: Disclosures OK'd; Plan Confirmation Hearing on May 18
------------------------------------------------------------------
The Hon. Thomas P. Agresti of the U.S. Bankruptcy Court for the
Western District of Pennsylvania has approved H. Burkhart and
Associates Inc.'s disclosure statement filed on Feb. 3, 2017,
referring to the Debtor's and plan of reorganization.

A hearing will be held on May 18, 2017, at 9:30 a.m. to consider
the confirmation of the Plan.

May 5, 2017, is the last day for: (a) filing written ballots by
creditors, either accepting or rejecting the Plan; (b) filing
claims not already barred by operation of law, rule or order of the
Court; and (c) filing and serving objections to the confirmation of
the Plan.

On May 16, 2017, the plan proponent will file a summary of the
balloting.

On or before April 24, 2017, the Debtor will file an appropriate
motion or adversary proceeding to address the issue of obtaining a
permit for installation of a sewer line for the vacant properties.


As previously reported, under the plan, the Class 5 allowed
unsecured claims will be paid a pro-rata share of the proceeds of
the sale of the real estate remaining after the distribution to
classes one, two and three. Any amount not paid under class 5 will
be discharged upon confirmation of this plan. This class shall not
be entitled to interest on their claims. This class is expected to
get 100% dividend of their claims.

                 About H. Burkhart and Associates

H. Burkhart and Associates, Inc., sought protection under Chapter
11 of the Bankruptcy Code (Bankr. W.D. Pa. Case No. 16-10750) on
Aug. 3, 2016.  The petition was signed by Henry F. Burkhart, III,
owner.  At the time of the filing, the Debtor estimated assets and
liabilities of less than $500,000.

The Debtor is represented by Brian C. Thompson, Esq., at Thompson
Law Group, P.C.


HAIMIL REALTY: Disclosure OK'd; Plan Hearing Set for April 26
-------------------------------------------------------------
The Hon. Michael E. Wiles of the U.S. Bankruptcy Court for the
Southern District of New York has approved Haimil Realty Corp.'s
first amended disclosure statement dated March 24, 2017, referring
to the Debtor's plan of reorganization dated March 24, 2017.

A hearing to consider confirmation of the Plan will be held on
April 26, 2017, at 11:00 a.m.

Objections to the confirmation of the Plan must be filed by April
17, 2017, at 5:00 p.m.

The Debtor's first amended disclosure statement explaining its
restructuring plan proposes to pay Class 8 general unsecured
creditors in full with interest at the rate of 3% per annum.

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.

                    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.


HANSELL MITZEL: Seeks to Hire Gustafson & Associates as Appraiser
-----------------------------------------------------------------
Hansell/Mitzel LLC seeks approval from the U.S. Bankruptcy Court
for the Western District of Washington to hire Gustafson &
Associates.

The firm will provide appraisal services for Hansell/Mitzel and
other debtors, Daniel Mitzel and Patricia Burklund, whose Chapter
11 cases have been administratively consolidated with that of the
company.

Gustafson does not represent any interest adverse to the Debtors'
bankruptcy estates, according to court filings.

The firm can be reached through:

     Don A. Gustafson
     Gustafson & Associates                   
     1255 Barkley Blvd., Suite 107
     Bellingham, WA 98226
     Phone: 360-733-8101
     Fax: 360-733-8854
     Email: lisa@gustafsonandassociates.com

                      About Hansell Mitzel

Based in Mt. Vernon, Washington, Hansell/Mitzel LLC, which conducts
business under the names Hansell Mitzel Homes and Resort
Maintenance Services, filed a Chapter 11 petition (Bankr. W.D.
Wash. Case No. 16-16311) on Dec. 21, 2016.  In its petition, the
Debtor estimated $10 million to $50 million in both assets and
liabilities.  The petition was signed by Daniel R. Mitzel,
managing member.

The case is administratively consolidated with the Chapter 11 case
(Bankr. W.D. Wash. Case No. 17-10565) of Daniel Mitzel and Patricia
Burklund.

Judge Timothy W. Dore presides over the case.  Bush Kornfeld LLP
serves as the Debtor's bankruptcy counsel.


HOTEL PARK: Rental Income to Fund Chapter 11 Plan
-------------------------------------------------
Hotel Park Regency, LLC, filed with the U.S. Bankruptcy Court for
the Eastern District of Virginia a disclosure statement dated March
29, 2017, referring to the Debtor's plan of reorganization.

Class 5 Unsecured Claims of EMSI Engineering and Wee Claim will be
paid monthly projected disposable income.  The funds will be held
by counsel for the Debtors and will be distributed on a pro rata
basis each quarter out of disposable income of the Debtor,
commencing 90 days after the Effective Date.

Funding for the Plan will come from amounts paid to the Debtor as
monthly rental income from three tenants.  In addition, prior to
the Effective Date, the Debtors will liquidate the life insurance
and annuities, and the net proceeds will be used to pay creditors,
including administrative creditors.

The Disclosure Statement is available at:

          http://bankrupt.com/misc/vaeb16-13442-76.pdf

                  About Hotel Park Regency LLC

Headquartered in Annandale, Va., Hotel Park Regency LLC filed for
Chapter 11 bankruptcy protection (Bankr. E.D. Va. Case No.
16-13442) on October 11, 2016. The Hon. Brian F. Kenney presides
over the case.  Weon Geun Kim, Esq. serves as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
assets and liabilities. The petition was signed by Moon Park,
managing member.


ICMFG & ASSOCIATES: Has Open-Ended Extension of Exclusivity Period
------------------------------------------------------------------
Judge Michael W. Williamson extended ICMFG & Associates, Inc.'s
exclusive right to solicit acceptances of plan(s) of reorganization
through and including confirmation of the Debtors' Amended Plan of
Reorganization.

                About ICMFG & Associates, Inc.

ICMFG & Associates, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. M.D. Fla. Case No. 16-06552) on July 29, 2016.  The
petition was signed Michael Doyle, president.   In its petition,
the Debtor estimated $1 million to $10 million in assets and $10
million to $50 million in liabilities.
           
Stichter, Riedel, Blain & Postler, PA represents the Debtor as
counsel.  The Debtor employed Cheri Surface, BS, MBA as an
accountant.


IDDINGS TRUCKING: Wants Plan Exclusivity Moved to Aug. 28
---------------------------------------------------------
Iddings Trucking, Inc. asks the U.S. Bankruptcy Court for the
Southern District of Ohio to extend its exclusive plan filing
period and exclusive plan solicitation period through August 28 and
October 26, 2017, respectively.

The Debtor's current Exclusive Filing Period will expire on May 1,
2017, and its current Exclusive Solicitation Period on June 28,
2017.

The Debtor asserts that in the present case, its operation is not
especially large; however, it has relationships with approximately
12 different secured creditors with security interests in various
different equipment and assets, and these relationships make the
case somewhat complex. Much of Debtor's time and resources during
the first 120 days of the case has focused on cash collateral and
adequate protection issues of secured creditors.  Furthermore, the
Debtor has made significant changes to staffing and payroll,
substantially reducing the payroll of its shareholders while at the
same time hiring new truck drivers to handle an increased
demand for services.  In addition, Debtor needs additional time to
work with its accountants in order to have solid financial data for
the formation of a plan of reorganization.  Accordingly, the
Debtor maintains that cause exists to extend the Exclusivity
Periods as requested.

                     About Iddings Trucking

Iddings Trucking, Inc., filed a chapter 11 petition (Bankr. S.D.
Ohio Case No. 16-58202) on Dec. 30, 2016.  The petition was signed
by George C. Loeber, president.  The case is assigned to Judge
Kathryn C. Preston. The Debtor estimated assets and liabilities at
$1 million to $10 million.

The Debtor is in the business of commercial trucking.  Its
principal place of business is located at 741 Blue Knob Road,
Marietta, Ohio 45750.  The Debtor has been in business for more
than 50 years as it was founded in 1966.  The Debtor employed
approximately 32 individuals as of the bankruptcy filing.

The Debtor is represented by John W. Kennedy, Esq. and Myron N.
Terlecky, Esq., at Strip Hoppers Leithart McGrath & Terlecky Co.,
LPA.  The Debtor employed Mulligan, Topy & Co. as accountant.

No trustee, examiner or statutory committee has been appointed in
the Debtor's case.


IHEARTCOMMUNICATIONS INC: Adds More Info on Exchange Offer
----------------------------------------------------------
On March 27, 2017, in connection with the offers by
iHeartCommunications, Inc., iHeartMedia, Inc., CC Outdoor Holdings,
Inc. and Broader Media, LLC that commenced on March 15, 2017 to
amend and/or exchange iHeartCommunications' outstanding series of
Priority Guarantee Notes and Senior Notes due 2021 and term loans D
and E, the Company delivered supplements to the offering circular
and consent solicitation statement to holders of Existing Notes and
to the term loan confidential information memorandum to eligible
lenders of Existing Term Loans.

Supplemental information provided by iHeartCommunications are:

     (a) With respect to the potential tax consequences of a
taxable disposition of CCOH, the Company expects that the debt
restructuring of iHeartCommunications proposed by the Exchange
Offers and the Term Loan Offers could generate significant
cancellation of debt income, potentially significantly offsetting
or fully exhausting the Company's available net operating losses.
iHeartCommunications' available net operating losses are
approximately $2.9 billion.

     (b) As of the date of filing, Bain Capital, LP and Thomas H.
Lee Partners, L.P. own in the aggregate approximately $1.2 billion
of Existing Term Loans and other affiliates of iHeartCommunications
own approximately $17.8 million of Existing Term Loans.

     (c) With respect to the collateral package for the Existing
Term Loans and Existing PGNs and the collateral package for the New
Term Loans and New iHC Notes in the High Participation Scenario,
Mid Participation Scenario and Low Participation Scenario, the
Existing Term Loans and Existing PGNs have a security interest in
non-"principal property" collateral, which consists of all assets
of the entities and all assets relating to certain specified radio
stations.  In addition, the Existing Term Loans and, by virtue of a
collateral sharing arrangement entered into with the holders of
Existing Term Loans, the Existing 9.0% PGNs due 2019, have a
security interest in certain "principal properties" in an amount of
up to 15% of the total consolidated stockholders’ equity of
iHeartCommunications. As part of the Exchange Offers and Term Loan
Offers, consenting holders of Existing Term Loans and holders of
Existing PGNs will maintain a pari passu security interest in the
non-"principal property" collateral and, subject to customary
exceptions, receive a first priority security interest in
substantially all other assets of iHeartCommunications and its
domestic subsidiaries, including the "principal property"
collateral.

A full-text copy of Form 8-K is available for free at:
https://is.gd/S8r5Tu

               About iHeartCommunications

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

IHeartcommunications reported a net loss attributable to the
Company of $296.31 million on $6.27 billion of revenue for the year
ended Dec. 31, 2016, compared to a net loss attributable to the
Company of $754.62 million on $6.24 billion of revenue for the year
ended Dec. 31, 2015.  As of Dec. 31, 2016, Iheartcommunications had
$12.86 billion in total assets, $23.74 billion in total liabilities
and a total shareholders' deficit of $10.88 billion.

                           *    *    *

iHeartCommunications carries a 'Caa2 Corp.' corporate family rating
from Moody's Investors Service.

As reported by the TCR on Dec. 15, 2016, Fitch Ratings has
downgraded iHeartCommunications, Inc.'s Long-Term Issuer Default
Rating (IDR) to 'CC' from 'CCC'.  According to the report, the
downgrade reflects the increasing likelihood that iHeart will look
to restructure its debt within a year or two.

The TCR reported on March 17, 2017, that S&P Global Ratings lowered
its corporate credit rating on Texas-based media company
iHeartMedia Inc. and its subsidiary iHeartCommunications Inc. to
'CC' from 'CCC'.  The rating outlook is negative.  The downgrade
follows iHeartCommunications' announcement that it has offered to
exchange five series of priority-guarantee notes, its senior notes
due 2021, and its term loan D and E for longer-dated debt; and, in
certain scenarios, stock and warrants, or contingent value rights.
"Under all but one scenario, there would be a reduction in the
principal amount of debt outstanding and an extension of the debt
maturity by two years for exchanged debt," said S&P Global Ratings'
credit analyst Jeanne Shoesmith.  "The company's debt is trading at
significant discounts to par of 20%-60%, and we believe its capital
structure is unsustainable."


INTERNATIONAL AUTO: DOJ Watchdog Seeks Trustee Appointment
----------------------------------------------------------
Guy G. Gebhardt, the Acting United States Trustee for Region 21,
asks the U.S. Bankruptcy Court for the Southern District of Florida
to enter an order directing the appointment of a Chapter 11 trustee
for International Auto Group of South Florida, Inc., or,
alternatively, dismissing the Chapter 11 bankruptcy case or
converting the case to one under Chapter 7 of the Bankruptcy Code.

The U.S. Trustee asserts that the Court must appoint a Chapter 11
Trustee for lack of adequate management controls, and the
management's inability to properly manage the Debtor's business
affairs.  Moreover, the continued mismanagement of the Debtors,
such as the continued sale of vehicles out of trust, and failure to
immediately remit the sales proceeds, would not bode well for
successful rehabilitation of the Debtor, the U.S. Trustee tells the
Court.  Finally, the U.S. Trustee asserts that the costs attendant
to a trustee appointment is pale in comparison to the losses that
could be sustained by the estate if the alleged incompetence and/or
gross mismanagement of the Debtors' affairs were allowed to
continue.

Accordingly, should the Court decline to order the appointment of a
Chapter 11 trustee, the U.S. Trustee submits that the dismissal of
the case, or the conversion of the case to Chapter 7 would be the
next best alternative.

          About International Auto Group of South Florida

Based in Fort Lauderdale, Florida, International Auto Group of
South Florid, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Fla. Case No. 17 -13165) on March 16,
2017.  The petition was signed by Arthur Siegle, president. The
case is assigned to Judge John K. Olson. At the time of the filing,
the Debtor estimated its assets and debts at $1 million to $10
million.

The Debtor's business operations are located at 6500A Powerline
Road, Fort Lauderdale, Florida 33309.

The Debtor is represented by Bradley S. Shraiberg, Esq., and Gregg
Steinman, Esq. at Shraiberg, Landau & Page, P.A.

No trustee, examiner, or statutory committee has been appointed in
the Debtor's Chapter 11 case.


ISIGN SOLUTIONS: Incurs $5.05 Million Net Loss for 2016
-------------------------------------------------------
iSign Solutions Inc. filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing a net loss
attributable to common stockholders of $5.05 million on $1.06
million of revenue for the year ended Dec. 31, 2016, compared to a
net loss attributable to common stockholders of $7.61 million on
$1.62 million of revenue for the year ended Dec. 31, 2015.

As of Dec. 31, 2016, iSign had $888,000 in total assets, $3.43
million in total liabilities and a total deficit of $2.54 million.
Cash and cash equivalents totaled $389,000 at Dec. 31, 2016,
compared to $846,000 at Dec. 31, 2015.

Armanino LLP, in San Ramon, California, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2016, citing that the Company's significant
recurring losses and accumulated deficit raise substantial doubt
about its ability to continue as a going concern.

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

                     https://is.gd/hs0zHj

                         About iSign

iSIGN (formerly known as Communication Intelligence Corporation or
CIC) -- http://www.isignnow.com/-- is a provider of digital
transaction management (DTM) software enabling fully digital
(paperless) business processes.  iSIGN's solutions encompass a wide
array of functionality and services, including electronic
signatures, simple-to-complex workflow management and various
options for biometric authentication.  These solutions are
available across virtually all enterprise, desktop and mobile
environments as a seamlessly integrated software platform for both
ad-hoc and fully automated transactions.  iSIGN's software platform
can be deployed both on-premise and as a cloud-based service, with
the ability to easily transition between deployment models.  iSIGN
is headquartered in Silicon Valley.  iSIGN's logo is a trademark of
iSIGN.


ITUS CORPORATION: Has Resale Prospectus of 1.48M Common Shares
--------------------------------------------------------------
ITUS Corporation filed a Form S-3 registration statement with the
Securities and Exchange Commission relating to the resale by
Meetrix Communications Inc. and Adaptive Capital of up to 1,487,606
shares of common stock, par value $0.01 per share, of the Company
as follows:

   * the resale of 947,606 shares of common stock by Meetrix
     Communications, Inc. which have been issued in satisfaction
     of an obligation owed by the Company to Meetrix in the amount
     of $4,775,934 pursuant to the terms of that certain Patent
     Acquisition Agreement, dated Nov. 11, 2013, by and between
     the Company and Meetrix; and

   * the resale of 40,000 shares of common stock by Meetrix which
     were issued pursuant to the terms of the Patent Acquisition
     Agreement; and

   * the resale of 500,000 shares of common stock issuable upon
     the exercise of warrants which were issued to Adaptive
     Capital, LLC on Dec. 9, 2016, in connection with the
     Company's redemption of 140 shares of the Company's Series A
     Convertible Preferred Stock, representing all of the Series A
     Preferred then outstanding, held by Adaptive Capital.

The Company will not receive any proceeds from the resale of any of
the shares of common stock being registered hereby sold by the
selling stockholders.  However, the Company may receive proceeds
from the exercise of the warrants held by Adaptive Capital
exercised other than pursuant to any applicable cashless exercise
provisions of the Warrants.

The Company's common stock is listed on the Nasdaq Capital Market
under the symbol "ITUS."  On March 29, 2017, the last reported sale
price of the Company's common stock on the Nasdaq Capital Market
was $3.08 per share.

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

                   About ITUS Corporation

ITUS Corp. -- http://www.ITUScorp.com/-- develops and acquires
patented technologies for the purposes of patent monetization and
patent assertion.  The company currently has 10 patent portfolios
in the areas of Key Based Web Conferencing Encryption, Encrypted
Cellular Communications, E-Paper(R) Electrophoretic Display, Nano
Field Emission Display ("nFED"), Micro Electro Mechanical Systems
Display ("MEMS"), Loyalty Conversion Systems, J-Channel Window
Frame Construction, VPN Multicast Communications, Internet
Telephonic Gateway, and Enhanced Auction Technologies.

CopyTele changed its name to "ITUS Corporation" on Sept. 2, 2014,
to reflect the Company's change in its business operations.

ITUS Corp reported a net loss of $5.01 million on $300,000 of
total revenue for the year ended Oct. 31, 2016, compared to a net
loss of $1.37 million on $9.25 million of total revenue for the
year ended Oct. 31, 2015.

Haskell & White LLP, in Irvine, California, issued a "going
concern" qualification on the consolidated financial statements
for the year ended Oct. 31, 2016, citing that the Company has
limited working capital and limited revenue-generating operations
and a history of net losses and net operating cash flow deficits.
These conditions raise substantial doubt about the Company's
ability to continue as a going concern.


KEMET CORP: S&P Raises CCR to 'B' on NEC TOKIN Acquisition
----------------------------------------------------------
S&P Global Ratings said that it raised its corporate credit rating
on Simpsonville, S.C.-based capacitor provider KEMET Corp. to 'B'
from 'B-'.  The outlook is stable.

S&P also assigned its 'B' issue-level rating and '3' recovery
rating to the firm's new $345 million senior secured term loan B.
The '3' recovery rating reflects S&P's expectation of meaningful
(50%-70%; rounded estimate: 60%) in the event of payment default.

KEMET Corp. has announced an agreement to purchase the remaining
equity in NEC TOKIN (NT) from NEC for approximately $52 million.
Concurrent with the purchase, NT will sell its electromechanical
devices business to a third party for approximately $422 million,
which after payments to NEC and fees will result in approximately
$95 million in proceeds to KEMET.

S&P's upgrade of KEMET is based on S&P's view that
post-transaction, KEMET will be able to generate free cash flow of
over $20 million annually, due to considerably lower interest
expense and significant progress reducing operating expenses.
Additionally, S&P expects the transaction will reduce pro forma
leverage to about 3.8x as of March 31, 2017, down from over 5x in
the year-ago period, and proceeds from the sale of NT's
electromechanical devices division will grow KEMET's cash balances
to approximately $220 million.  KEMET's new capital structure
lowers interest expense by approximately $15 million.  Furthermore,
the acquisition of NT provides improved scale and product
diversity.  However, S&P notes that the combination will likely
compress margins in the near term as KEMET works to achieve
transaction synergies.

KEMET's top line performance has stabilized over the past year,
with revenues up 6.1% in the December quarter, and largely flat on
a trailing-12-months basis, a significant improvement from the
nearly 11% decline in fiscal 2016.  While S&P believes much of this
is due to increased industrywide demand, S&P thinks that KEMET has
improved its ability to manage distribution channel inventory
levels and thus revenue stability should improve modestly in the
future.  KEMET continues to improve profitability, with its
trailing-12-months EBITDA margin reaching 10.7% for the most recent
quarter, up from 9.8% in fiscal 2016 and 6.3% in 2015. However,
KEMET's EBITDA margin remains weak compared to its largest
competitors, and S&P believes the firm has little room to reduce
expenses further.  In S&P's view, further margin expansion will be
contingent on significant volume growth in the KEMET's film and
electrolytic segment, which still operates at roughly break-even
margins in spite of extensive restructuring and cost cuts over the
past three years.

The acquisition of NT brings revenues of about $300 million,
excluding divestitures, and additional product sets.  NT's
electromagnetic compatibility devices and sensor businesses bring
KEMET a source of revenue beyond capacitors and should provide
modestly greater revenue stability.  S&P estimates that NT's EBITDA
margins are 500-600 basis points below KEMET's, and KEMET will
incur restructuring costs over the next year or two to improve
profitability.  Further, S&P thinks this transaction poses limited
execution risk, as both firms worked together closely under the
joint venture and collaborated extensively on technology and
product design.  As such, additional cost synergies are achievable.
Although this transaction expands KEMET's scale somewhat, the firm
remains a smaller player within the electronic components
marketplace, and therefore S&P don't foresee a material improvement
in pricing power.

KEMET's refinancing will considerably improve credit metrics, both
through lower interest expense and the repayment of outstanding
revolver balances, which have averaged around $33 million-$34
million.  S&P expects pro forma leverage at about 3.8x as of fiscal
year ending on March 31, 2017, and modest improvement over the
coming year as KEMET works to reduce expenses at the acquired
businesses.  Even though NT will be a net user of cash flow over
the coming year, S&P expects the combined company will generate
around $20 million of free cash flow after about $40 million-$45
million of capital expenditure (capex), given $15 million of
reduction in interest expense post-refinancing.  S&P also views the
$42 million of proceeds KEMET will receive from the sale of NT's
electromechanical devices business (net of the $52 million purchase
price of NT's equity) as significant support to KEMET's liquidity.
Adjustments to debt include an addition of $60 million to account
for NT's expected future liability for antitrust fines and
settlements.

S&P's base-case scenario assumes:

   -- Global GDP growth of about 3.5% in 2017 and 3.6% in 2018.

   -- KEMET's revenues will remain broadly flat, growing slower
      than GDP, as less demand from IT hardware and consumer
      markets offsets growth in the automotive and industrial
      markets.

   -- EBITDA margins will decline modestly to about 10% in fiscal
      2018 due to the contribution of NEC TOKIN's lower margin
      profile and integration expenses, before returning to
      expansion in fiscal 2019, reaching the 12%-13% range by
      2020.

   -- Capex at the combined entity will run about $40 million-
      $45 million annually.

   -- No dividends, share repurchases, or further mergers and
      acquisitions (M&A) activity.

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

   -- Pro forma leverage at close of about 3.8x, declining to
      about 3.6x over the next 12 months.

   -- Free cash flow of about $20 million in fiscal 2018, growing
      to about $30 million in 2019.

   -- EBITDA interest coverage of about 2x.

S&P views KEMET's liquidity as adequate.  S&P expects its cash
sources to cover uses by more than 1.2x for the next 12 months, and
S&P believes that net sources would be positive in the near term
even if EBITDA declines 15%-20% from S&P's projected levels.

Principal liquidity sources:

   -- Cash balances of approximately $220 million, pro forma for
      the refinancing and NT acquisition;
   -- About $65 million of availability under the firm's revolving

      credit facility, which matures in 2019; and
   -- Operating cash flow of over $60 million.

Principal liquidity uses:

   -- Approximately $40 million-$45 million of capex annually;
   -- $8.6 million of debt amortization annually.

S&P's stable outlook reflects its view that KEMET's new capital
structure and increased business diversity from the contribution of
NT will improve cash flow stability and further reduce leverage
over the next fiscal year.

S&P would consider lowering the rating if a downturn in electronic
component demand or challenges integrating NT lead to free cash
flow of less than 5% of debt.

Although unlikely over the coming year, S&P could upgrade KEMET if
the firm continues to improve profitability, gain incremental
market share, and sustain leverage below 3x.



KENNETH ANDERSON JR: Says PCO Appointment Not Necessary
-------------------------------------------------------
Kenneth E. Anderson, Jr., MD PA files a motion asking the U.S.
Bankruptcy Court for the Eastern District of Texas to dispense with
the appointment of a patient care ombudsman, or, in the
alternative, to determine that it is not a health care business.

The Debtor, Kenneth E. Anderson Jr., MD PA acts as the billing
agent for the health care business of Kenneth Anderson Jr.

The Debtor asserts that it would show that the appointment of an
Ombudsman under the Bankruptcy Rule 2007.2 is not necessary because
the Debtor's bankruptcy was caused by tax issues and not by any
patient care issues.

The Debtor is represented by:

     Eric A. Liepins, Esq.
     ERIC A. LIEPINS, P.C.
     12770 Coit Road, Suite 1100
     Dallas, Texas 75251
     Tel.: (972) 991-5591
     Fax: (972) 991-5788

The Chapter 11 bankruptcy case is, In re: Kenneth E. Anderson, Jr.
MD PA, Case No. 17-40618.


KHWY INC: Court Approves Stipulation for Cash Collateral Use
------------------------------------------------------------
Judge Laurel E. Davis of the U.S. Bankruptcy Court for the District
of Nevada, after a hearing held on March 7, 2017, has approved the
Stipulation for KHWY Inc.'s use of cash collateral.

The Troubled Company Reporter had earlier reported that the Debtor
asked for the Court's approval of its stipulation with secured
creditor, What's On Las Vegas, LLC, for the use of cash collateral
until Aug. 1, 2017.

A full-text copy of the Order, dated March 30, 2017, is available
at https://is.gd/JKGV3A

                       About KHWY Inc.

KHWY Inc., based in Las Vegas, NV, filed a Chapter 11 petition
(Bankr. D. Nev. Case No. 17-10530) on Feb. 7, 2017.  The petition
was signed by Kirk Anderson, managing member.  In its petition, the
Debtor disclosed $645,000 in assets and $1.79 million in
liabilities.

The case is assigned to Judge Mike K. Nakagawa.  

Matthew L. Johnson, Esq., at Johnson & Gubler, P.C., is serving as
counsel to the Debtor. The Debtor also tapped Repp Law Firm as the
special counsel; Spectrum Media, LLC, as sales broker; and Aronson
Professional Services, Inc., as accountant.


KONO CO: Plan Exclusivity Period Extended Until June 30
-------------------------------------------------------
Kono Co. sought and obtained an order from the Bankruptcy Court
extending its exclusive period to file a Chapter 11 plan from April
1, 2017 to June 30, 2017.

The Debtor was able to convince the Court that the allowance of
additional time will allow all parties to determine the
profitability of the Debtor and the ability to fund the Chapter 11
Plan.

The Debtor adds that its monthly operating reports filed indicate
that it is demonstrating a strong prospect of filing a viable plan
despite having some months where income is lower than expected.

                       About Kono Co.

Kono Co. filed a Chapter 11 bankruptcy petition (Bankr. W.D.PA.
Case No. 16-10643) on July 5, 2016.  The petition was signed by
John G. Rushlander, president.  The Debtor is represented by John
F. Kroto, Esq., at Knox McLaughlin Gornall & Sennett.  The case is
assigned to Judge Thomas P. Agresti.  The Debtor estimated assets
and liabilities at $100,001 to $500,000.  The Debtor retained Frank
Miloszewski as accountant.


KOSMOS ENERGY: S&P Raises Rating on Sr. Secured Notes to 'B-'
-------------------------------------------------------------
S&P Global Ratings raised its issue-level rating on Dallas-based
exploration and production (E&P) company Kosmos Energy Ltd.'s
senior secured notes to 'B-' from 'CCC+' (one notch below the
corporate credit rating).

The corporate credit rating on Kosmos remains 'B'.  The outlook is
stable.  The issue-level rating on the company's RBL facility
remains 'B'.

S&P revised its notching analysis on Kosmos' senior secured notes
because of S&P's reassessment of the level of priority liabilities
in the event of default.  S&P believes that priority liabilities,
including contractually senior debt and trade payables, are
moderate.  The ratio of priority liabilities to S&P Global Ratings'
adjusted assets is more than the 30% threshold, suggesting a
two-notch differential with the corporate credit rating.  However,
S&P rates the notes only one notch below the corporate credit
rating because S&P believes upstream guarantees from the operating
subsidiaries to the notes would mitigate structural subordination
to third-party liabilities in the event of default.

"Our rating outlook on Kosmos is stable, reflecting our assumption
that production will increase in 2017 despite the shut downs due to
remediation work at Jubilee, that the company will rein in
exploration spending in the next two years and maintain debt to
EBITDAX below 4x," said S&P Global Ratings credit analyst Christine
Besset.

S&P could lower the rating if it expected debt to EBITDAX to rise
above 4x for a sustained period.  This would most likely occur if
the company were to experience unexpected takeaway or production
difficulties, or if the operating environment in Ghana became less
favorable for Kosmos, putting its cash flows at risk.  S&P could
also lower the rating if exploration success is weak, the company
is unable to fund development of wells, or if capital spending is
higher than expected, resulting in deteriorated debt metrics or
liquidity.

S&P could also lower the rating if it lowered its transfer and
convertibility (T&C) assessment on Ghana to 'CCC+' from 'B' or if
the company's liquidity position weakened such that it failed to
pass our liquidity stress tests.

An upgrade is unlikely until the company substantially improves its
size, scale, and geographic diversity.


LAKE NAOMI REAL ESTATE: Hires Buddy D. Ford as Attorney
-------------------------------------------------------
Lake Naomi Real Estate, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Middle District of Florida to employ Buddy
D. Ford, PA as attorney .

The Debtor requires Buddy D. Ford, PA to:

     a. analyze the financial situation, and render legal advice
and assist the Debtor in determining whether to file a petition
under Chapter 11 of the Bankruptcy Code;

     b. advise the Debtor with regard to the powers and duties of
the debtor and as Debtor-in-Possession in the continued operation
of the business and management of the property of the estate;

     c. prepare and file the petition, schedules of assets and
liabilities, statement of affairs, and other documents required by
the Court;

     d. represent the Debtor at the Section 341 Creditors'
meeting.

     e. give the Debtor legal advise with respect to its powers and
duties as Debtor and Debtor-in-Possession in the continued
operation of its business and management of its property; if
appropriate;

     f. advise the Debtor with respect to its responsibilities in
complying with the United States Trustee's Operating Guidelines and
Reporting Requirements and with the rules of the court;

     g. prepare, on behalf of the Debtor, necessary motions,
pleadings, applications, answers, orders, complaints, and other
legal papers and appear at hearings thereon;

     h. protect the interest of the Debtor in all matters pending
before the court;

     i. represent the Debtor in negotiation with its creditors in
the preparation of the Chapter 11 Plan; and

     j. perform all other legal services for Debtor as
Debtor-in-Possession which may be necessary herein, and it is
necessary for the Debtor as Debtor-in-Possession to employ Buddy D.
Ford, PA for such professional services.

Buddy D. Ford, PA will be paid at these hourly rates:

     Buddy D. Ford               $425
     Senior Associate            $375
     Junior Associate            $300
     Senior Paralegal            $150
     Junior Paralegal            $100

Prior to the commencement of this case, the Debtor paid Buddy D.
Ford $2,000 on a current basis, for services rendered and costs
incurred prior to commencement of this case with respect to prepare
the Petition for reorganization under Chapter 11 of the Code and
filing of all related initial pleadings to be filed in this case,
and pre-petition services in this case.

Prior to the commencement of this case, the Debtor paid an advance
fee of $20,000.

Buddy D. Ford represents to interest adverse to the Debtor as
Debtor-in-Possession or the estate in the matters upon which it is
to be engaged for the Debtor as Debtor-in-Possession, and its
employment would be in the best interests of the estate.

Buddy Ford PA ca be reached at:

      Buddy D. Ford, Esq.
      Jonathan A. Semach, Esq.
      Buddy D. Ford, PA
      9301 West Hillsborough Avenue
      Tampa, FL 33615-3008
      Tel: (813)887-4669
      Fax: (813)877-5543
      E-mail: buddy@tampaesq.com
              jonathan@tampaesq.com

Lake Naomi Real Estate, Inc. filed a Chapter 11 petition (Bankr.
M.D. Fla. Case No. 17-02419) on March 24, 2017, listing under $1
million in both assets and liabilities, and is represented by Buddy
D. Ford, Esq., at Buddy D. Ford, P.A.


LANE FAMILY: Court Allows Use of Cash Collateral Until June 30
--------------------------------------------------------------
Judge Robert S. Bardwil of the U.S. Bankruptcy Court for the
Eastern District of California authorized Lane Family Limited
Partnership No. One to use cash collateral through June 30, 2017.  
        

The Debtor is authorized to use cash collateral in accordance with
the Budget with a variance of 5% per category per month.  Any
unused portions of said Budget will be rolled over to increase the
following months' budgets.

The approved Budget provides total operating expenses of $8,469 per
month or approximately $25,407 for the period from April 2017
through June 2017.

A full-text copy of the Order, dated March 29, 2017, is available
at https://is.gd/1fgDBK

                About Lane Family LP No. One           

Lane Family Limited Partnership No. One filed a Chapter 11 petition
(Bankr. E.D. Cal. Case No. 17-20038).  The Debtor is represented
by:

          Iain A. MacDonald, Esq.
          Matthew J. Olson, Esq.
          MacDonald | Fernandez LLP
          914 Thirteenth Street
          Modesto, CA 95354
          Telephone: (209) 521-8100
          Facsimile: (209) 236-0172


LAUREATE EDUCATION: Moody's Hikes CFR to B2 on Recent IPO
---------------------------------------------------------
Moody's Investors Service upgrades Laureate Education, Inc.
Corporate Family Rating (CFR) to B2 in conjunction with the
company's recent IPO, from which Laureate received $457 million.
The company intends to use the IPO proceeds towards debt repayment.
Moody's assigned B2 rating to Laureate's newly launched $1.6
billion senior secured first lien term loan and approximately $375
million senior secured revolving credit facility, which will
refinance existing first lien senior secured credit facilities.
Moody's also upgraded the ratings on senior unsecured notes to
Caa1, which provide subordination support to the senior secured
credit facilities. The outlook remains stable. Ratings on existing
first lien credit facilities are upgraded to B2 and will be
withdrawn upon repayment. The ratings and outlook are subject to
Moody's review of final documentation and may be changed if final
terms differ materially from Moody's expectations.

A summary of action follows:

-- Corporate Family Rating, upgraded to B2 from B3

-- Probability of Default Rating, upgraded to B2-PD from B3-PD

Speculative Grade Liquidity Rating, assigned SGL3

-- First Lien Bank Credit Facilities due 2018/2019/2021 --
    upgraded to B2, LGD3 from B3, LGD4

-- First Lien Bank Credit Facilities due 2022/2024 -- assigned
    B2, LGD3

Senior Unsecured Regular Bond/Debenture due 2019, upgraded to Caa1,
LGD5 from Caa2, LGD5

-- Outlook, Stable

RATINGS RATIONALE

Laureate's B2 Corporate Family Rating reflects reduction in
leverage following $550 million in asset sales in 2016, its recent
raise of $383 million in convertible preferred stock and $457
million via primary common stock issuance, with company's stated
intent to use proceeds from the IPO equity raise towards debt
repayment, as was demonstrated similarly with preferred equity
raise repaying a revolver draw. The rating is supported by the
company's prominent market position in the international
for-profit, post-secondary education space, solid enrollment growth
supported by the breadth of its presence in multiple geographies
and favorable industry fundamentals within its core markets. In
addition, because the company operates primarily outside of the US
and its public funding of tuition is 25% of total tuition proceeds,
it does not face the same regulatory pressures relating to Title IV
funding that negatively affects many US-based for-profit education
providers. Nevertheless, Laureate remains exposed to US and
international regulatory environment related to its higher
education business, with several of its institutions undergoing
regulatory challenges. The company's geographically international
model results in high exposure to foreign currency volatility,
creating increased uncertainty regarding meeting financial goals
even if enrollment and operational targets are met. Laureate
management states that it retains strong control over its
educational curricula with the goal of ensuring that its graduates
are successful in completing their education and attaining relevant
employment.

While the current debt refinancing is not de-levering, with
leverage remaining at 5.4x, the equity raise positions Laureate
well for future de-levering, with balance sheet cash position of
$977 million. Moody's expects Laureate's leverage will decline to
5.0x (including Moody's standard adjustments) by the end of 2017
through voluntary debt repayment and mandatory conversion of $250
million of the company's senior unsecured notes to common stock in
fourth quarter of 2017 following expiry of the IPO lock-up period.
Moody's expects relatively flat enrollment growth in the company's
mature Latin American and European markets, with stronger growth
generated by AMEA region. Moody's expects relatively flat growth
for the GPS segment due relative strength of the US economy
contributing to overall negative trends in higher education
enrollment, partially offset by the advantages offered through the
distance learning product offered by Laureate. Moody's expects
margins to improve over the next several years as the company is
currently implementing a comprehensive process improvement program,
intended to generate run-rate cost savings of $100 million annually
by FY 2019. Laureate has historically generated negative free cash
flow, and while Moody's expects the free cash flow to improve in
2017 over that of historical periods, there remains a likelihood
that negative working capital will continue to contribute towards
negative free cash flow.

Ratings could be raised if the company's earnings and cash
generated from operations allow for substantial debt reduction and
improvement in liquidity. Specifically, the company would need to
maintain revolver availability while generating positive free cash
flow (before consideration of proceeds from asset sales) that would
demonstrate such an improvement in liquidity. Credit metrics
sustained at the following levels would support higher rating
consideration: debt to EBITDA sustained below 4x times, EBITA to
interest in excess of one time, retained cash flow to debt above
10% and sustained positive free cash flow.

The ratings could be lowered if the company experienced a weakening
in enrollments, or if the company cannot successfully improve its
operating margins while continuing to manage foreign currency risk,
possibly resulting in weaker liquidity or further increases in debt
to support operations. A downgrade may also be warranted if the
company's learning institutions become subject to a negative
financial action due to regulatory concerns, such as reduced
funding, or removal of license to operate. Specifically, a
downgrade could be warranted if debt to EBITDA exceeds 6x times for
a prolonged period, if EBITA to interest is sustained below one
time EBITA, or if total cash balance falls below $300 million
without significant revolver availability.

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

Laureate is based in Baltimore, Maryland, and operates a leading
international network of accredited campus-based and online
universities with 70 institutions in 25 countries, offering
academic programs to approximately one million students through
over 200 campuses and online delivery. Laureate had revenues of
approximately $4.2 billion for the FYE December 31, 2016.


LEHMAN BROTHERS: Sets $3 Billion for 12th Payout to Creditors
-------------------------------------------------------------
Lehman Brothers Holdings Inc. ("LBHI"), as Plan Administrator, on
March 30 announced in a court filing the percentage recovery that
will be distributed on April 6, 2017 to holders of allowed claims
against LBHI and its various affiliated Debtors (collectively,
"Lehman").

Lehman's aggregate twelfth distribution to unsecured creditors
pursuant to its confirmed chapter 11 plan will total approximately
$3.0 billion.  This distribution includes (1) $2.5 billion of
payments on account of third-party claims, which includes
non-controlled affiliate claims, and (2) $0.6 billion of payments
among the Lehman Debtors and their controlled affiliates (see
Exhibit B to the court filing, Docket #55129, for further detail).
Cumulatively through the twelfth distribution, Lehman's total
distributions to unsecured creditors will amount to approximately
$116.6 billion including (1) $86.1 billion of payments on account
of third-party claims, which includes non-controlled affiliate
claims and (2) $30.5 billion of payments among the Lehman Debtors
and their controlled affiliates.

In accordance with the chapter 11 plan, which was confirmed on
December 6, 2011, and subject to available funds, the Lehman
Debtors' thirteenth distribution to creditors is anticipated to be
made within 5 business days of September 30, 2017.

The chapter 11 plan, related disclosure statement and other
filings, including the filing referred to above, can be found at
www.lehman-docket.com in the "Key Documents" section.  Questions
relating to the distribution can be directed to the Debtors' claims
agent, Epiq Systems, Inc., at 1-866-879-0688 (U.S.) and
1-503-597-7691 (Non-U.S.).

                     About Lehman Brothers

Lehman Brothers Holdings Inc. -- http://www.lehman.com/-- was the
fourth largest investment bank in the United States.  For more than
150 years, Lehman Brothers has been a leader in the global
financial markets by serving the financial needs of corporations,
governmental units, institutional clients and  individuals
worldwide.

Lehman Brothers filed for Chapter 11 bankruptcy Sept. 15, 2008
(Bankr. S.D.N.Y. Case No. 08-13555).  Lehman's bankruptcy petition
disclosed US$639 billion in assets and US$613 billion in debts,
effectively making the firm's bankruptcy filing the largest in U.S.
history.  Several other affiliates followed thereafter.

Affiliates Merit LLC, LB Somerset LLC and LB Preferred Somerset LLC
sought for bankruptcy protection in December 2009.

The Debtors' bankruptcy cases were assigned to Judge James M. Peck.
Judge Shelley Chapman took over the case after Judge Peck retired
from the bench to join Morrison & Foerster.

A team of Weil, Gotshal & Manges, LLP, lawyers led by the late
Harvey R. Miller, Esq., serve as counsel to Lehman.  Epiq
Bankruptcy Solutions serves as claims and noticing agent.

Dennis F. Dunne, Esq., Evan Fleck, Esq., and Dennis O'Donnell,
Esq., at Milbank, Tweed, Hadley & McCloy LLP, in New York, served
as counsel to the Official Committee of Unsecured Creditors.
Houlihan Lokey Howard & Zukin Capital, Inc., served as the
Committee's  investment banker.

On Sept. 19, 2008, the Honorable Gerard E. Lynch of the U.S.
District Court for the Southern District of New York, entered an
order commencing liquidation of Lehman Brothers, Inc., pursuant to
the provisions of the Securities Investor Protection Act (Case No.
08-CIV-8119 (GEL)).  James W. Giddens was appointed as trustee for
the SIPA liquidation of the business of LBI.  He is represented by
Hughes Hubbard & Reed LLP.

The Bankruptcy Court approved Barclays Bank Plc's purchase of
Lehman Brothers' North American investment banking and capital
markets operations and supporting infrastructure for US$1.75
billion.  Nomura Holdings Inc., the largest brokerage house in
Japan, purchased LBHI's operations in Europe for US$2 plus the
retention of most of employees.  Nomura also bought Lehman's
operations in the Asia Pacific for US$225 million.

Lehman emerged from bankruptcy protection on March 6, 2012, more
than three years after it filed the largest bankruptcy in U.S.
history.  The Chapter 11 plan for the Lehman companies other than
the broker was confirmed in December 2011.

                          *     *     *

In October 2016, the team winding down LBHI paid $3.8 billion to
creditors, the 11th distribution since Lehman's collapse in 2008.
This brought the total payout to more than $113.6 billion.
Bondholders were projected to receive about 21 cents on the dollar
when Lehman's bankruptcy plan went into effect in early 2012.  The
11th distribution raised the bondholders' recovery to more than 40
cents on the dollar and recoveries for general unsecured creditors
of Lehman's commodities to 79 cents on the dollar.


LIBERTY CABLEVISION: US$85MM Add-on No Impact on Moody's B3 CFR
---------------------------------------------------------------
Moody's Investors Service informs that the B3 corporate family
rating (CFR), the B2 rating on the senior secured first-lien debt
and Caa2 rating on the senior secured second-lien debt of Liberty
Cablevision of Puerto Rico LLC (LCPR) remain unchanged following
the proposal for a US$85 million add-on to the senior secured
first-lien term loan. The outlook on the ratings is stable.

RATINGS RATIONALE

The transaction consists of a new US$85 million senior secured
first-lien term loan B3, which will be an add-on to LCPR's existing
senior secured first-lien term loan B and which proceeds will be
used to prepay US$85 million of LCPR's existing senior secured
second-lien debt. The total amount of debt at LCPR remains
therefore unchanged. The transaction has a slightly positive effect
on financing costs which will be reduced by an estimated US$2.8
million annually.

The B2 rating on the first-lien debt, one notch higher than the B3
CFR, reflects the presence of junior capital provided by the
second-lien term loan rated Caa2. Any future additional reduction
of the second-lien debt amount could pressure the B2 rating. The
instrument-level ratings are notched using a B3-PD probability of
default rating (PDR), in line with the CFR given the mixed priority
of claims.

The B3 CFR continues to reflect LCPR's small scale, weak video
subscriber trend and concentration on The Commonwealth of Puerto
Rico (Puerto Rico, Caa3 developing), which is currently in
restructuring. Negative macroeconomic trends in Puerto Rico create
stress on LCPR's business. The B3 CFR also considers a stable and
profitable revenue base, with a rise in broadband subscribers more
than offsetting the decline in video subscribers, high EBITDA
margins and improving credit metrics which are currently fairly
strong for the B3.

The stable outlook assumes LCPR will maintain leverage
(debt/EBITDA, including Moody's adjustments) between 5x-6.75x,
achieve modest organic EBITDA growth, consistently generate
positive free cash flow, and maintain adequate or better
liquidity.

Moody's would consider a positive rating action if (1) leverage was
sustained below 5x, and (2) Moody's adjusted free cash flow
(FCF)-to-debt was sustained above 3%. An upgrade would also be
considered if the credit profile of Puerto Rico and its economy
improved substantially, the size and scale of the business
increased beyond the scope of Puerto Rico, financial policy was
more creditor-friendly, the company was able to stabilize organic
video subscriber trends, and key performance measures improved
substantially.

Moody's would consider a negative rating action if leverage rose
above 6.75x, or FCF turned negative. A downgrade could also occur
if the company shows a lack of commitment to the credit profile,
pursued more aggressive financial polity or debt-financed
acquisition strategies, or key performance measures deteriorate
considerably. Moody's would also consider a negative rating action
if there was (or could be) a material adverse change in regulation,
cost structure, market position, capital structure, or change to
the operating model.

Liberty Cablevision of Puerto Rico LLC, which was created in 2012
following the merger of two Puerto Rican broadband communications
entities, is the largest cable company in Puerto Rico, providing
video, high speed data and telephone services to residential and
commercial customers. During 2016, the company generated total
revenues of US$421 million.


LIBERTY INTERACTIVE: Planned Acquisition Credit Pos., Moody's Says
------------------------------------------------------------------
Moody's Investors Service said that Liberty Interactive
Corporation's plan to acquire GCI Inc. is a credit positive for GCI
but that it does not impact GCI's B2 corporate family rating (CFR)
or stable outlook. Liberty Interactive's planned acquisition will
be accomplished through a reorganization in which certain Liberty
Interactive assets and liabilities held through Liberty Ventures
Group will be contributed to GCI in exchange for a controlling
interest in GCI. Liberty Interactive will then effect a tax-free
separation of its controlling interest in the combined company (to
be named GCI Liberty, Inc., to the holders of Liberty Ventures
common stock in full redemption of all outstanding shares of such
stock.

Moody's believes the transaction will be credit positive for GCI
given the increased net asset value at GCI Liberty from Liberty
Interactive's contributed public equity holdings, mainly comprised
of ownership stakes in Liberty Broadband Corp. and Charter
Communications, as well as smaller equity holdings such as in
Lending Tree and FTD Companies; Liberty Broadband's main asset is
its equity stake in Charter. In addition to debt of approximately
$1.6 billion currently at GCI, $750 million of exchangeable debt
and an expected $500 million equity margin loan held at Liberty
Interactive will also be contributed to GCI Liberty at transaction
close, expected to be by the first quarter of 2018. Moody's
anticipates that debt service on this approximate $1.2 billion of
additional debt will be met using cash balances at GCI Liberty
and/or through potential sales of equity holdings. While noting the
increased amount of assets potentially available to existing GCI
creditors in a GCI Liberty bankruptcy scenario, Moody's views the
acquisition of GCI, the only operating entity at GCI Liberty, as
reflecting an ownership change with no effect on the company's
current credit trajectory or financial policy. Further, Moody's
cannot currently assess the likely permanence of the increased
residual equity claim at GCI Liberty, which reflects Moody's views
that these public equity holdings are more likely to be utilized in
ways that benefit GCI Liberty shareholders over GCI bondholders as
evidenced by Liberty Interactive's actions in the past.

GCI, Inc. is a leading integrated, facilities-based communications
provider based in Anchorage, Alaska, offering local and
long-distance voice, wireless, video services (including broadcast
television), data and Internet services to consumer and commercial
customers throughout the State of Alaska. The company reported
approximately 141,000 data, 126,000 video, 95,000 voice, and
223,000 wireless subscribers as of December 31, 2016, and generated
$933 million of annual revenue.


LILY ROBOTICS: Committee Tries to Block DIP Financing & Cash Use
----------------------------------------------------------------
The official committee of unsecured creditors in Lily Robotics,
Inc.'s Chapter 11 case filed with the U.S. Bankruptcy Court for the
District of Delaware an objection to the Debtor's cash collateral
and DIP financing motions.

Vince Sullivan, writing for Bankruptcy Law360, reports that the
Debtor filed motions seeking approval of a customer refund program
and a $3 million postpetition loan as part of its plan to sell
intellectual property assets and return pre-order deposits.
According to Law360, the Debtor asked the Court to allow its
payment and refund processors to start returning more than $20
million to clients who placed deposits for its Lily flying camera
device.

The Committee claims that the Debtor's requested entry into the
proposed DIP Facility is detrimental to the interests of all
general unsecured creditors and benefits only a select group of
stakeholders, to wit:

     A. the DIP Lender, Silicon Valley Bank, an entity that was
        formerly the prepetition secured lender, stands to
        immediately receive, in addition to 10% per annum interest

        (potentially 15% if the default rate of interest is being
        charged): (a) excessive fees, including a fully earned 5%
        commitment fee (which equals $151,350) plus a 5% exit fee
        (an additional $151,350) calculated off of the full amount

        of proposed borrowings under the DIP Facility (i.e.,
        $3,027,000), (b) reimbursement of the DIP Lender's
        attorneys' fees and costs, (c) liens and super-priority
        administrative claims on previously unencumbered assets,
        including potentially valuable intellectual property
        rights (perhaps the Debtor's most valuable asset) and
        proceeds of avoidance actions, and (d) broad Debtor
        releases of the DIP Lender released parties (which broadly

        includes the DIP Lender, together with its undisclosed
        predecessors, successors, assigns, subsidiaries, parents,
        affiliates, agents, attorneys, officers, directors, and
        employees), including in connection with, among other
        things, the prepetition acts taken by SVB (and the
        laundry list of DIP Lender Released Parties) in connection

        with the Prepetition Financing Documents or otherwise;

     B. Spark, an entity that (i) was the lead equity investor in
        the Debtor that immediately prior to the Petition Date
        purchased SBV's debt, (ii) appointed Bijan Sabet, General
        Partner of Spark, to the Debtor's Board of Directors on
        Aug. 3, 2015, and (iii) is also seeking through the
        proposed DIP court order to obtain broad releases from the

        Debtor for itself and a bevy of related parties/entities,
        including Mr. Sabet; and  

     C. the chosen class of alleged customer refund creditors that

        (a) on a prepetition basis, the Debtor asserts
        collectively paid over $38 million directly to the Debtor
        -- without any promise from the Debtor that the Debtor
        would hold such funds in trust or in escrow -- for
        purposes of purchasing the Debtor's Lily Camera, and (b)
        have not provided any evidence of entitlement to a
        priority claim under Section 507(a)(7) of the Bankruptcy
        Code, which is strictly construed and limited by its
        express terms.

The Committee says that the DIP Facility is unnecessary and
premature given, upon information and belief, the Debtor holds over
$18 million in cash which cash constitutes property of the Debtor's
estate.  Some of this cash may relate to proceeds from the Debtor's
sale of the Lily Camera to the market prior to the Petition Date.
The Debtor never agreed to or represented that it would segregate
or hold the Customer Payments in trust or escrow.

The Committee claims that for the interim period, it appears that
the Debtor does not truly require any outside funding.  The Debtor
is not operating in the traditional sense and is admittedly
liquidating.  Aside from its bankruptcy professionals and Chief
Restructuring Officer, the Debtor has only two employees (the
principals) and the alleged independent director on payroll.  Under
the proposed Budget, through the interim period, the Debtor
projects a limited need for any incremental capital, with nearly
all of that capital being used to fund the administrative costs of
the case.  If the Debtor's budget were normalized to remove the
bankruptcy impact, there would be no need for the new money
provided under the proposed DIP Facility, the Committee states.

The Debtor's cash collateral and DIP financing motions also met
objections from landlord Fifth Historic Properties, LLC, and
Weifang GoerTek Electronics Co. Ltd.

According to the Landlord, the Debtor has failed to pay the
required rent under the lease for commercial property located at
724 Brannan Street, San Francisco, California and an adjacent
premises located at 374 Harriet Street, San Francisco, California,
for the months of December 2016 through March 2017.  The total
delinquency outstanding as of the date of this filing is not less
than $163,083.73.  

The Landlord complains that while the interim approved budget
appears to provide the Debtor with access to cash for the operation
of its business during the postpetition period, it does not provide
for payment of postpetition rent owed to the Landlord for use of
Landlord's property.  The Landlord says that the failure of Debtor
to include rent payments to Landlord in its proposed DIP financing
is improper and materially unfair to Landlord.

The Debtor responded, saying that the Landlord's objection attempts
to allow a claim for and compel the Debtor to pay post-petition
rent.  The Debtor asks the Court to overrule the Objection as it
lacks any legal merit and is procedurally improper and premature.
The Debtor acknowledges that it has an obligation to pay
postpetition rent to the extent it is owed.  The Debtor says that
it is still wrapping its arms around the nature and extent of its
obligations -- including any alleged postpetition rent owed to the
Landlord, and that an objection to the DIP and cash collateral
motions is not the appropriate procedural avenue to compel this
payment.  The Debtor's Response is available at:

          http://bankrupt.com/misc/deb17-10426-86.pdf

GoerTek Electronics asserts these objections, among others:

     a. based upon the Initial Monthly Operating Report dated
        March 14, 2017, and in particular the cash collateral
        budget, the Debtor's request is moot inasmuch as, with the

        prior consent of the prepetition secured lender, all of
        the Debtor's cash on hand as at the filing date has been
        fully exhausted;

     b. the Debtor's purported admissions of liens possessed by
        the Prepetition Secured Lender should be rejected, or, at
        a minimum, given only minimal weight pending the
        traditional and requisite vetting of any of those alleged
        secured rights and collateral interests; and

     c. no other rights, claims, interests or entitlements of any
        kind whatsoever should be granted to or be allowed for the

        benefit of the Prepetition Secured Lender unless and until

        any rights, claims, interests or entitlements are asserted

        do novo and adjudicated by the Court.

Copies of the Objections are available at:

            http://bankrupt.com/misc/deb17-10426-73.pdf
            http://bankrupt.com/misc/deb17-10426-75.pdf
            http://bankrupt.com/misc/deb17-10426-76.pdf
            http://bankrupt.com/misc/deb17-10426-101.pdf

The Official Committee of Unsecured Creditors is represented by:

     Mark D. Collins, Esq.
     Amanda R. Steele, Esq.
     Brett M. Haywood, Esq.
     RICHARDS, LAYTON & FINGER, P.A.
     One Rodney Square
     920 N. King Street
     Wilmington, DE 19801  
     Tel: (302) 651-7700
     Fax: (302) 498-7838

          -- and --

     Kenneth A. Rosen, Esq.
     Bruce D. Buechler, Esq.
     Wojciech F. Jung, Esq.
     Philip J. Gross, Esq.  
     LOWENSTEIN SANDLER LLP
     65 Livingston Avenue
     Roseland, New Jersey 07068
     Tel: (973) 597-2500
     Fax: (973) 597-6247
     E-mail: slevine@lowenstein.com
             bbuechler@lowenstein.com
             pgross@lowenstein.com

Fifth Historic Properties is represented by:

     Frederick B. Rosner, Esq.
     Scott J. Leonhardt, Esq.
     THE ROSNER LAW GROUP LLC
     824 Market Street, Suite 810       
     Wilmington, DE 19801       
     Tel: (302) 777-1111       
     E-mail: rosner@teamrosner.com

Weifang GoerTek is represented by:

     Scott D. Cousins, Esq.
     Evan T. Miller, Esq.
     BAYARD, P.A.
     222 Delaware Avenue, Suite 900
     Wilmington, DE 19801
     Tel: (302) 655-5000
     Fax: (302) 658-6395
     E-mail: scousins@bayardlaw.com
             emiller@bayardlaw.com

          -- and --

     Mitchel H. Perkiel, Esq.
     Brett D. Goodman, Esq.
     TROUTMAN SANDERS LLP
     875 Third Avenue
     New York, NY 10022
     Tel: (212) 704-6000
     Fax: (212) 704-6288
     E-mail: mitchel.perkiel@troutmansanders.com
             brett.goodman@troutmansanders.com

                     About Lily Robotics

Based in Atherton, California, Lily Robotics, Inc., is the
developer of the Lily Camera, a throw-and-shoot camera that
captures pictures and videos from the skies.  Its camera flies and
uses GPS and computer vision to follow user's adventure activities.
Lily sells its products internationally through its Web site
https://www.lily.camera/

Lily Robotics filed for Chapter 11 bankruptcy protection (Bankr. D.
Del. Case No. 17-10426) on Feb. 27, 2017, listing $32.99 million in
total assets as of Dec. 31, 2016, and $37.53 million in total
liabilities as of Dec. 31, 2016.  The petition was signed by
Spencer L. Wells, director.

Judge Kevin J. Carey presides over the case.

Robert J. Dehney, Esq., Andrew R. Remming, Esq., and Marcy J.
McLaughlin, Esq., at Morris, Nichols, Arsht & Tunnell LLP; Laura
Metzger, Esq., and Jennifer Asher, Esq., and Douglas S. Mintz,
Esq., at Orrick Herrington & Sutcliffe LLP serve as the Debtor's
bankruptcy counsel.

Prime Clerk LLC is the Debtor's claims and noticing agent.


LIVING COLOUR: Hearing on Approval of Plan Outline Set for May 3
-----------------------------------------------------------------
The Hon. Erik Kimball of the U.S. Bankruptcy Court for the Southern
District of Florida has scheduled for May 3, 2017, at 2:00 p.m., a
hearing to consider the approval of the disclosure statement filed
on March 27, 2017, referring to Living Colour Landscape, LLC, et
al.'s plan of reorganization filed on March 27, 2017.

Objections to the Disclosure Statement must be filed by April 26,
2017.

Under the Plan, 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.

               About Living Colour Landscape, LLC

Lake Worth, Florida-based Living Colour Landscapes, LLC and Marula
Props, LLC, filed for Chapter 11 bankruptcy protection (Bankr. S.D.
Fla. Case Nos. 16-15773 and Case No. 16-15774) on April 21, 2016.
The petitions were signed by Deon Botha, manager.

Judge Paul G. Hyman, Jr., presides over the cases. Aaron A Wernick,
Esq., at Furr & Cohen serves as the Debtors' bankruptcy counsel.

Living Colour Landscapes disclosed $323,979 in total assets and
$1.31 million in total liabilities.  Marula Props disclosed
$179,252 in total assets and $1.25 million in total liabilities.


LSF9 ATLANTIS: Moody's Assigns B1 Corporate Family Rating
---------------------------------------------------------
Moody's Investors Service assigned LSF9 Atlantis Holdings, LLC a B1
Corporate Family Rating and a B1-PD Probability of Default Rating.
Moody's also assigned a Ba3 rating to the company's proposed $510
million first lien secured term loan. A positive outlook was also
assigned. Ratings are subject to Moody's review of final
documentation.

Proceeds from the proposed $510 million first lien secured term
loan, along with cash on hand will be used to refinance the
company's approximately $482 million of existing debt and to pay
transactions fees and expenses. The company is also entering into a
$70 million asset based revolving facility (unrated). The proposed
new secured credit facility will be issued by LSF9 Atlantis
Holdings, LLC and will be secured and guaranteed by its wholly
owned subsidiary A2Z Wireless Holdings (A2Z Wireless) which
operates the company's retail business of independent Verizon
retail locations.

"The new rating reflects the competitive advantages and franchise
strength that result from A2Z Wireless' position as Verizon's
largest independent retailer," stated Moody's Vice President
Charlie O'Shea. "The rating is also supported by the company's
favorable qualitative credit profile, and good liquidity." added
O'Shea.

Assignments:

Issuer: LSF9 Atlantis Holdings, LLC

-- Probability of Default Rating, Assigned B1-PD

-- Corporate Family Rating, Assigned B1

-- Senior Secured Bank Credit Facility, Assigned Ba3, LGD3

Outlook Actions:

Issuer: LSF9 Atlantis Holdings, LLC

-- Outlook, Assigned Positive

RATINGS RATIONALE

The B1 rating assigned recognizes the competitive advantages and
franchise strength that result from A2Z Wireless' position as
Verizon's largest independent retailer, its favorable qualitative
profile that benefits from the non-discretionary nature of cell
phones, and good liquidity. Moody's estimates that pro forma for
the acquisitions of about 500 authorized Verizon retail locations
during 2016 and the proposed refinancing, lease-adjusted leverage
on a debt/EBITDA basis was at around 4.2x and lease-adjusted
coverage on a EBIT/Interest basis at 2.1x for the fiscal period
December 31, 2016. The ratings reflects Moody's expectations that
leverage and coverage will strengthen in the next 12-18 months to
around 3.5x and 2.5x respectively, as the company's earnings growth
benefits from the integration of the acquisitions and excess free
cash flow is used toward debt reduction. The rating also reflects
the company's market position as Verizon's largest independent
retailer, and the benefits derived from its mutually beneficial
relationships with Verizon and cellphone manufacturers, which is a
competitive advantage over smaller operators. In addition, the
rating incorporates the company's reliance on cellphone
manufacturers for continued product innovation, and the adverse
effects of new product malfunction on customer's demand. The rating
also reflects the company's financial sponsor ownership by Lone
Star Funds and a potentially aggressive financial policy. The Ba3
rating also incorporates the company's growth strategy through
acquisitions, as well as its good liquidity profile.

The positive outlook reflects Moody's expectations that A2Z
Wireless's credit metrics will gradually improve as the company's
earnings benefit from the integration of its recent acquisitions
and management focuses on debt reduction. The positive outlook also
reflects Moody's expectations that demand for cellphones in the
United States will remain strong. Ratings could be upgraded if A2Z
Wireless maintains a conservative financial policy towards
shareholder returns and future acquisitions. Quantitatively,
ratings could be upgraded if debt/EBITDA is below 4.0x and
EBIT/Interest sustained above 2.0x. A rating upgrade will also
require A2Z Wireless maintaining good liquidity. A rating downgrade
could occur if any factors causes debt/EBITDA to be sustained above
5.0x times and EBIT/Interest to be below 1.25x.

The principal methodology used in this rating was Retail Industry
published in October 2015.


MANUFACTURERS ASSOCIATES: Court Approves Cash Use Until April 30
----------------------------------------------------------------
Judge Ann M. Nevins of the U.S. Bankruptcy Court for the District
of Connecticut authorized Manufactures Associates, Inc., through
its Chapter 11 Trustee, to use cash for the period April 1 to 30,
2017, with the consent of the Debtor's secured creditor.

The Debtor, through the Trustee, is authorized to use up to
$126,000 for the month of April 2017, in accordance with the
budget.

Nuvo Bank and Trust Company has claimed a duly perfected
non-avoidable security interest in the Debtor's personal and
fixture property and all goods and equipment.

Pursuant to the Order, Nuvo Bank is granted replacement liens in
all after-acquired property of the Debtor, which liens will be of
equal extent and priority to that which Nuvo Bank enjoyed with
regard to the estate's property at the time the Debtor filed its
Chapter 11 petition.

In addition, the Debtor will make an adequate protection payment of
$3,500 to Nuvo Bank for the period of April 2017.

A hearing on the continued use of cash collateral will be held on
April 26, 2017 at 11:00 a.m.

A full-text copy of the Order, dated March 30, 2017, is available
at https://is.gd/6k4Znj

                 About Manufacturers Associates

Manufacturers Associates, Inc., based in West Haven, Conn., filed a
Chapter 11 petition (Bankr. D. Conn. Case No. 15-31832) on Nov. 2,
2015.  The petition was signed by Anthony Parillo, Jr., president.
At the time of the filing, the Debtor estimated assets at $0 to
$50,000 and liabilities at $1 million to $10 million.

The case is assigned to Judge Julie A. Manning.

Initially, the Debtor was represented by Peter L. Ressler, Esq., at
Groob Ressler & Mulqueen, P.C., and is currently represented by
Carl T. Gulliver, Esq., at Coan, Lewendon, Gulliver & Miltenberger,
LLC as general Chapter 11 counsel.

The United States Trustee appointed Roberta Napolitano, Esq., as
the Chapter 11 Trustee of the Debtor's estate.

The Chapter 11 Trustee retained Erum Randhawa of Blum Shapiro &
Co., P.C. as accountant, and Roberta Napolitano, Esq. at Ignal
Napolitano & Shapiro, P.C. as counsel.


MAXUS ENERGY: Wants Up To $17.5M Financing From Occidental
----------------------------------------------------------
Maxus Energy Corp., and affiliates seek permission from the U.S.
Bankruptcy Court for the District of Delaware to obtain from
Occidental Chemical Corporation replacement multi-draw term loan
credit facility in the aggregate principal amount of up to $17.5
million on a final basis, and up to $8.5 million on an interim
basis that is secured by a lien on substantially all of the
Debtors' assets.

The hearing on the Debtors' request is scheduled for April 7, 2017,
at 10:00 a.m. (ET).

Objections to the financing must be filed by April 4, 2017, at 4:00
p.m. (ET).

The Debtors proposes to grant the Lender a superpriority
administrative expense claim and priority liens on and security
interests in all DIP collateral, subordinate to payment of the
carve-out.

The Postpetition DIP Facility matures on July 1, 2017, and contains
these milestones that permit the Debtors to administer their
estates so long as the confirmation process for the Amended Plan is
completed by May 31, 2017:

     1. filing by the Debtors of the Plan of Liquidation and
        Disclosure Statement by March 28, 2017;

     2. interim DIP court order entry date must be April 10,
        2017; and

     3. withdrawal of the settlement motion one business day after

        the interim DIP court order entry date.

The Debtors will apply the proceeds of DIP extensions of credit to,
among other things, pay the Tranche A obligations and other
obligations owing under the YPF DIP Facility other than Tranche B
obligations, pay fees and expenses, including professional fees and
administrative expenses, and fund operating expenses and other
amounts required under the DIP court orders, and provide ongoing
working capital financing and financing for general corporate
purposes, in each case subject to compliance with the terms,
conditions and amounts set forth in the DIP budget.

Subject only to payment of the carve-out, the DIP obligations will,
at all times constitute an allowed superpriority claim of the
Lender and be payable from and have recourse to all DIP collateral.


Each term loan will bear interest on the outstanding principal
amount thereof at a rate per annum equal to 7.00%.  On each
quarterly payment date, the full amount of accrued and unpaid
interest will automatically be capitalized by increasing the then
outstanding principal amount of the Term Loans by an amount equal
to accrued and unpaid interest on the term loans (but in no event
will this increase in the principal amount of the Term Loans
decrease the amount of the term loan commitment).

Default interest is the fixed rate plus 2.00% per annum.

The Debtors will also pay to Lenders, a nonrefundable commitment
fee equal to $350,000, which fee will be earned in full upon entry
of the interim DIP court order and will be paid to the Lender on
the termination date.

The Debtors' request for DIP Facility approval is available at:

          http://bankrupt.com/misc/deb16-11501-1063.pdf

                 About Maxus Energy Corporation

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

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

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

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

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


MCNEILL GROUP: Disclosures OK'd; Plan Hearing on May 10
-------------------------------------------------------
The Hon. Jean K. Fitzsimon of the U.S. Bankruptcy Court for the
Eastern District of Pennsylvania has approved the disclosure
statement filed by McNeill Group, Inc., referring to the Debtor's
plan of reorganization.

A hearing to consider the confirmation of the Plan is set for May
10, 2017, at 9:30 a.m.

Objections to the plan confirmation must be filed by May 5, 2017.

May 5, 2017, is the last day by which ballots must be received in
order to be considered as acceptances or rejections of the Plan.

The Debtor will file its report of plan voting with the Clerk of
Court by May 8, 2017.

As reported by the Troubled Company Reporter on March 23, 2017, the
Debtor filed with the Court a second amended disclosure statement
dated March 13, 2017, referring to the Debtor's plan of
reorganization.  Under the Plan, the Class 2 Secured Claim of Bucks
County Tax Claim Bureau is impaired.  As of the Petition Date, the
Class 2 Claim was $111,097.53.  Commencing on the Effective Date,
the Class 2 Claimaint will receive 24 equal monthly payments of
$4,486 in full settlement, satisfaction, release and discharge of
the real estate tax claim.

                       About McNeill Group

McNeill Group, Inc., and McNeill Properties V, LLC, filed Chapter
11 petitions (Bankr. E.D. Pa. Lead Case No. 16-14943) on July 12,
2016.  The petitions were signed by Edward J. McNeill, Jr.,
president.

The Debtors are represented by Albert A. Ciardi, III, Esq., at
Ciardi Ciardi & Astin, P.C.  The cases are assigned to Judge Jean
FitzSimon (16-14943) and Judge Ashely M. Chan (16-14944).

The Debtors each estimated assets and liabilities of $10 million to
$50 million at the time of the filing.

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


METRO NEWSPAPER: Taps DelBello Donnellan as Attorneys
-----------------------------------------------------
Metro Newspaper Advertising Services Inc. seeks authorization from
the U.S. Bankruptcy Court for the Southern District of New York to
employ DelBello Donnellan Weingarten Wise & Wiederkehr, LLP as
attorneys, nunc pro tunc to March 27, 2017.

The Debtor requires DelBello Donnellan to:

   (a) give advice to the Debtor with respect to its powers and
       duties as Debtor-in-Possession and the continued management

       of its property and affairs;

   (b) negotiate with creditors of the Debtor and work out a plan
       of reorganization and take the necessary legal steps in
       order to effectuate such a plan including, if need be,
       negotiations with the creditors and other parties in
       interest;

   (c) prepare the necessary answers, orders, reports and other
       legal papers required for the Debtor's protection from its
       creditors under Chapter 11 of the Bankruptcy Code;

   (d) appear before the Bankruptcy Court to protect the interest
       of the Debtor and to represent the Debtor in all matters
       pending before the Court;

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

   (f) advise the Debtor in connection with any potential sale of
       the business;

   (g) represent the Debtor in connection with obtaining post-
       petition financing, if necessary;

   (h) take any necessary action to obtain approval of a
       disclosure statement and confirmation of a plan of
       reorganization; and

   (i) perform all other legal services for the Debtor which may
       be necessary for the preservation of the Debtor's estates
       and to promote the best interests of the Debtor, its
       creditors and its estates.

DelBello Donnellan will be paid at these hourly rates:

       Attorneys                  $375-$620
       Law Clerks                 $200
       Paraprofessionals          $150

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

DelBello Donnellan received a pre-petition retainer in conjunction
with the filing of this Chapter 11 case from the Debtor in the
total amount of $52,000

Jonathan S. Pasternak, partner of DelBello Donnellan, 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.

DelBello Donnellan can be reached at:

       Jonathan S. Pasternak, Esq.
       Erica R. Aisner, Esq.
       DELBELLO DONNELLAN WEINGARTEN
       WISE & WIEDERKEHR, LLP
       One North Lexington Avenue
       White Plains, NY 10601
       Tel: (914) 681-0200

Metro Newspaper Advertising Services, Inc. --
http://www.metrosn.com-- is a comprehensive advertising resource
that specializes in newspapers and all newspaper related products,
both print and digital.

Metro Newspaper Advertising Services, Inc., based in Yonkers, N.Y.,
filed a Chapter 11 petition (Bankr. S.D. N.Y. Case No. 17-22445) on
March 27, 2017.  The Hon. Robert D. Drain presides over the case.
Jonathan S. Pasternak, Esq., at DelBello Donnellan Weingarten Wise
& Wiederkehr, LLP, serves as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
assets and $10 million to $50 million in liabilities. The petition
was signed by Phyllis Cavaliere, chairman & CEO.


METROAREA AUTISTIC: $100K Financing From Selch Has Final Approval
-----------------------------------------------------------------
The Hon. Martin Glenn of the U.S. Bankruptcy Court for the Southern
District of New York has entered a final order authorizing
Association of Metroarea Autistic Children, Inc., to obtain up to
$100,000 in secured postpetition financing from Jason Selch and use
cash collateral.

The amount of any advances by the Lender to the Debtor or on behalf
of the Debtor made hereafter pursuant to the DIP loan documents
will be and is secured by: (i) perfected first priority lien on all
property of the Debtor unencumbered as of the Petition Date; (ii) a
perfected junior lien on all property of the Debtor that is subject
to valid, perfected and unavoidable liens in existence as of the
Petition Date.

The Lender will have and is granted an administrative claim with
priority in payments over any other administrative obligations now
in existence or incurred hereinafter by the Debtor and over all
administrative expenses or charges, whether arising in the Debtor's
Chapter 11 case or in any superseding Chapter 7 case except with
respect to the statutory fees of the U.S. Trustee and the
Court-approved fees for professionals in this chapter 11 case as
provided for in the budget.

The term of the final financing arrangements between the Lender and
the Debtor will be for a period commencing on Jan. 25, 2017 and
will continue in full force and effect for a term ending on the
earliest occurrence of: (i) the effective date of any plan
confirmed in this case; (ii) upon an event of default under the
DIP loan documents; or (iii) Sept. 20, 2017.

As adequate protection of its interests in cash collateral,
JPMorgan Chase Bank, N.A., will be and is granted a replacement
lien on the Debtor's postpetition accounts receivable to the same
extent and same priority, if any, as Chase had prepetition and in
proportion with the Debtor's use of each Chase's cash collateral.
Further, the Debtor will pay to Chase monthly adequate protection
payments on the Prepetition Debt at a rate of prime plus 1% (or
approximately $2,515).  The Chase Adequate Protection Payments will
be increased to monthly payments at the Chase Interest Rate (8.7%)
on the Prepetition Debt if the rate increase is approved by the New
York State Education Department.

As adequate protection of its interest in the Revenue Bond
Collateral, (a) the Debtor will pay The Bank of New York monthly
installment purchase payments in the amount of $5,757.29 effective
as of the Petition Date and (b) the automatic stay provisions of
Section 362 of the Bankruptcy Code are hereby modified to the
extent necessary to allow BNYM to use any funds in the BNYM
accounts as are necessary to make the principal and interest
payments payable to the holders of the revenue bonds pursuant to
the indenture.

A copy of the court order and the budget is available at:

           http://bankrupt.com/misc/nysb17-10123-48.pdf

         About Association for Metroarea Autistic Children

Association for Metroarea Autistic Children, Inc., d/b/a AMAC,
Inc., based in New York, New York, owns and operates a school for
autistic children, grades kindergarten through high school, and
provides ancillary and related services thereto.

AMAC filed a chapter 11 petition (Bankr. S.D.N.Y. Case No.
17-10123) on Jan. 20, 2017.  The petition was signed by Keishea
Allen, executive director.  The Debtor estimated assets and
liabilities at $1 million to $10 million at the time of the
filing.

The Debtor's attorney Richard J. Bernard, Esq., at Foley & Lardner
LLP.


METROPOLITAN BAPTIST: Disclosures Approved; Plan Hearing on July 5
------------------------------------------------------------------
The Hon. S. Martin Teel, Jr., of the U.S. Bankruptcy Court for the
District of Columbia entered on March 29, 2017, an amended order
approving Metropolitan Baptist Church's forthcoming third amended
disclosure statement referring to the Debtor's forthcoming third
amended plan.

A hearing to consider the confirmation of the Plan will be held on
July 5, 2017, at 10:30 a.m.

Objections to the plan confirmation must be filed by June 21,
2017.

June 21, 2017, is the last day on which the holders of claims and
interests may accept or reject the Plan.

By no later than June 28, 2017, the Debtor will file with the clerk
of court a summary of the completed ballots.

As reported by the Troubled Company Reporter on March 23, 2017,
Judge Teel previously approved the Second Amended Disclosure
Statement explaining the Plan, but certain typographical errors
must be corrected by way of a Third Amended Disclosure Statement.

                About Metropolitan Baptist Church

Headquartered in Largo, Maryland, Metropolitan Baptist Church is a
not-for-profit religious corporation, originally incorporated in
the District of Columbia in 1892.

Metropolitan Baptist Church sought the Chapter 11 protection
(Bankr. D. D.C. Case No. 16-00040) on Feb. 5, 2016.  The petition
was signed by Harry T. Jones, Jr., Chair, Board of Trustees.  The
Debtor estimated assets in the range of $1 million to $10 million
and $10 million to $50 million.

Judge Martin S. Teel, Jr., presides over the case.

Wendell W. Webster, Esq., at Webster & Fredrickson, PLLC, serves
as the Debtor's counsel.


MONUMENT SECURITY: Court Denies Further Cash Collateral Use
-----------------------------------------------------------
Judge Robert S. Bardwil of the U.S. Bankruptcy Court for the
Eastern District of California on March 30, 2017, entered an order
denying Monument Security, Inc.'s request for authorization to
continue using cash collateral.  The Debtor had filed a motion
seeking the Court's approval to continue using cash collateral,
since the cash collateral order that had been in effect was set to
expire April 1, 2017.

                   About Monument Security

Monument Security, Inc. was formed in 1995, and operates a security
services business in California, Nevada, Arizona, Colorado,
Georgia, Florida, Indiana, Louisiana, Maryland, Missouri, New
Jersey, New York, Ohio, Oregon, Texas, Utah, Washington, and
Wyoming.  It also subcontracts work to other security providers in
Alaska, Arizona, New Mexico and North Carolina. The business had
been successfully run by Scott McDonald for many years and
regularly employs more than 1000 employees.

Monument Security filed a Chapter 11 petition (Bankr. E.D. Cal. No.
17-20689) on Feb. 1, 2017.  The petition was signed by Michael
Bivians, CEO.  At the time of filing, the Debtor disclosed total
assets of $2.82 million and total liabilities of $3.11 million.
The case is assigned to Judge Robert S. Bardwil.  The Debtor is
represented by Matthew R. Eason, Esq. and Kyle K. Tambornini, Esq.,
at Eason & Tambornini.


NASTY GAL: Has Until April 8 to File Bankruptcy Plan
----------------------------------------------------
Judge Sheri Bluebond has extended Nasty Gal Inc.'s exclusive plan
filing period and exclusive solicitation period through and
including April 8 and June 7, 2017, respectively.

As previously reported by The Troubled Company Reporter, with the
successful closing of the sale of its intellectual property assets
to Boohoo F I Limited for $20,000,000 in February 2017, the Debtor
is now working with the Official Committee of Unsecured Creditors
in drafting a joint liquidating plan and disclosure statement.

                     About Nasty Gal Inc.

Founded in 2006 and based in Los Angeles, Nasty Gal Inc. engages in
the online sale of clothing, shoes, and accessories for girls.  The
Company filed a Chapter 11 petition (Bankr. C.D. Cal. Case No.
16-24862) on Nov. 9, 2016.  The petition was signed by Joe
Scirocco, president.  The case is assigned to Judge Sheri Bluebond.
At the time of filing, the Debtor estimated assets and liabilities
at $10 million to $50 million.

The Debtor engaged Scott F. Gautier, Esq., at Robins Kaplan LLP, as
counsel; Peter J. Solomon Company as its exclusive financial and
strategic advisor; and Rust Consulting Omni Bankruptcy as claims,
noticing and balloting agent.

The Office of the U.S. Trustee on Nov. 18, 2016, appointed five
creditors of Nasty Gal Inc. to serve on the official committee of
unsecured creditors.  The Creditors' Committee tapped B. Riley &
Co. as financial advisor, and Gary E. Klausner, Esq., and Todd M.
Arnold, Esq., at Levene, Neale, Bender, Yoo & Brill LLP, as
counsel.

The Office of the U.S. Trustee appointed Wesley H. Avery as
Consumer Privacy Ombudsman.


NASTY GAL: Taps Province Inc. as Administrative Consultant
----------------------------------------------------------
Nasty Gal Inc. seeks approval from the U.S. Bankruptcy Court for
the Central District of California to hire Province, Inc. as
administrative consultant.

The Debtor is currently preparing a joint liquidating plan with the
official committee of unsecured creditors.  Due to its continuing
dispute with a pre-bankruptcy secured lender, assets that are not
available for distribution to unsecured creditors on the effective
date of the plan will be transferred to a liquidating trust.

It is anticipated that Province will be appointed to serve as
trustee of the liquidating trust upon confirmation of the plan.  In
the interim period, utilizing the firm as an administrative
consultant will provide efficiencies to the administration of the
estate in light of the eventual transfer of the remaining assets to
the trust, the Debtor said in court papers.

The services to be provided by the firm include:

     (a) assisting in the preparation of the Debtor's financial
         reports;

     (b) assisting the Debtor in the claims reconciliation
         process;

     (c) advising the Debtor on post-confirmation transition items
        
         including data preservation and IT needs;

     (d) working with tax professionals regarding the preparation
         of the Debtor's final tax return;

     (e) assisting the Debtor with its 401(k) wind down plan and   
      
         related audits; and

     (f). participating in hearings before the bankruptcy court if
        
         necessary.

Province has not received a retainer from the Debtors.  The hourly
rates charged by the firm are:

     Principal                     $660 - $700
     Director/Managing Director    $470 - $620
     Senior Associate/Associate    $330 - $460
     Analyst                       $250 - $320
     Para professional                    $100

The firm has agreed to cap its rates at bill at 70% of its highest
standard hourly rates for principal, director, managing director,
senior associate and associate time -- capping those rates at $490,
$434, and $322, respectively.

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

The firm can be reached through:

     Amanda Demby
     Province, Inc.
     2360 Corporate Circle, Suite 330
     Henderson, NV 89074
     Phone: 702.685.5555
     Fax: 702.685.5556

                     About Nasty Gal Inc.

Founded in 2006 and based in Los Angeles, Nasty Gal Inc. engages in
the online sale of clothing, shoes, and accessories for girls.  The
Company filed a Chapter 11 petition (Bankr. C.D. Cal. Case No.
16-24862) on Nov. 9, 2016.  The petition was signed by Joe
Scirocco, president.  The case is assigned to Judge Sheri Bluebond.
At the time of filing, the Debtor estimated assets and liabilities
at $10 million to $50 million.

The Debtor engaged Scott F. Gautier, Esq., at Robins Kaplan LLP, as
counsel; Peter J. Solomon Company as its exclusive financial and
strategic advisor; and Rust Consulting Omni Bankruptcy as claims,
noticing and balloting agent.

The Office of the U.S. Trustee on Nov. 18, 2016, appointed five
creditors of Nasty Gal Inc. to serve on the official committee of
unsecured creditors.  The Creditors' Committee tapped B. Riley &
Co. as financial advisor, and Gary E. Klausner, Esq., and Todd M.
Arnold, Esq., at Levene, Neale, Bender, Yoo & Brill LLP, as
counsel.

The Office of the U.S. Trustee appointed Wesley H. Avery as
Consumer Privacy Ombudsman.


NEW ACADEMY: S&P Affirms 'B-' CCR & Revises Outlook to Negative
---------------------------------------------------------------
S&P Global Ratings said that it revised its outlook on Katy,
Texas-based sporting-goods retailer New Academy Holding Co. LLC to
negative from stable and affirmed the 'B-' corporate credit
rating.

At the same time, S&P affirmed the issue-level 'B-' rating on the
company's senior secured term loan facility, and the '4' recovery
rating is unchanged.  S&P's '4' recovery rating on the term loan
facility reflects its expectation for moderate (30%-50%; rounded
estimate: 45%) recovery in the event of a payment default.

The outlook revision reflects the company's underperformance
compared with S&P's previous forecast as a result of increased
competitive pressures, persistently meaningful macroeconomic
headwinds in markets affected by the oil and gas downturn, and
mismanagement of merchandising and inventory, which resulted in
higher-than-expected promotional activity.  Despite New Academy's
everyday low-price strategy that helps appeal to the growing
segment of value-conscious customers, the company has not
consistently drive customers into stores.  As a result, S&P
believes that New Academy's competitive standing has materially
eroded.  S&P expects that operating performance and profitability
will continue to be challenged over the next 12 months.

New Academy participates in the mature sporting-goods industry,
which is especially susceptible to the increasing competition from
e-commerce and big-box retailers because merchandise is generally
discretionary and commoditized.  The competitive challenges in the
industry have become particularly evident, as a number of
traditional sporting-goods retailers including Sports Authority,
Sport Chalet, City Sports, and Gander Mountain have recently filed
for Chapter 11 bankruptcy protection.  S&P believes New Academy
will face increased headwinds given these industry dynamics, as the
company continues to emphasize growth through new store openings
and e-commerce remains a small percentage of sales.  S&P believes
this is a negative for the business because it expects customers to
continue migrating toward the convenience of shopping online and
away from in-store shopping.  In addition, the company has a heavy
geographic store concentration in the southern U.S., including
meaningful exposure to markets in which the economies rely on the
oil and gas industry, which remains under pressure.

S&P's base-case scenario reflects these assumptions:

Macroeconomic assumptions:

   -- S&P Global Ratings expects U.S. real GDP to grow 2.4% in
      2017 and 2.3% in 2018;

   -- The risk of a recession over the next 12 months is 20%-25%;
      and

   -- Employment will continue to grow at a solid pace, wages rise

      close to 3%, and unemployment below 5%.

Company-specific assumptions:

   -- Revenue growth in the mid- to high–single-digit percent
      range in fiscal 2017, driven by continued meaningful new
      store openings, partially offset by flat to modestly
      negative same-store sales;

   -- EBITDA margin improves slightly to the low- to mid-9% range
      in 2017 as moderate gross margin improvement is partially
      offset by continued sales deleveraging from soft same-store
      sales and growing fixed costs from new store openings and
      incentive compensation;

   -- No meaningful free operating cash flow (FOCF) generation in
      each of the next two years due to modestly improving
      operating performance and lower capital expenditures; and

   -- Debt reduction limited to amortization over the next 12-24
      months.

S&P also incorporates the company's high adjusted debt balances
into S&P's assessment.  As of Jan. 28, 2017, adjusted total debt to
EBITDA was 7.2x and funds from operations (FFO) to debt was 7.6%.
S&P forecasts modest improvement in credit metrics over the next 12
months, but expect performance to remain soft, with debt to EBITDA
in the high-6x area and FFO to debt in the 8% area at year-end
fiscal 2017.  S&P expects modestly positive free cash flow
generation over the next 12-24 months as lower capital expenditures
from reduced new store openings are mostly offset by continued
pressure on profitability.

New Academy has adequate sources of liquidity to cover its needs
over the next 12 months.  S&P expects sources of liquidity will
exceed uses by 1.2x or more, and that the company will also meet
our other criteria for such a designation.  Relevant aspects of our
liquidity assessment include these factors:

   -- Sources will cover uses by more than 1.2x;
   -- Net sources of cash will be positive, even with a 15% drop
      in EBITDA;
   -- Sufficient covenant headroom as the company's only financial

      covenant is a springing fixed-charge covenant, which S&P
      anticipates will not be applicable due to its expectation
      for ample availability under the revolving credit facility;
   -- S&P believes the company could withstand a significant,
      unforeseen liquidity event without the need to refinance its

      capital structure given the current and projected
      availability under the revolving credit facility.  In
      addition, the company has no meaningful maturity until its
      term loan comes due in July 2022;
   -- S&P do not believe that the company has prudent risk
      management or generally high standing in the credit markets
      given its high debt leverage and aggressive financial
      policies; and
   -- Despite New Academy's existing asset-backed loan (ABL) and
      term loan, S&P do not believe that the company would be able

      to refinance its debt if needed.

Principal liquidity sources:

   -- Cash on hand of $55 million as of Jan. 28, 2017;
   -- FFO generation of around $190 million for 2017; and
   -- Ample availability under its $650 million revolving credit
      facility.

Principal liquidity uses:

   -- Gross capital expenditures of about $160 million-$170
      million in 2017;
   -- Meaningful intra-year working capital investment of around
      $100 million-$125 million.

Covenants

The company's $650 million ABL facility is subject to a
fixed-charge coverage covenant if excess availability is less than
the greater of either 10% of the line cap (lesser of the aggregate
amount of the ABL commitments and the borrowing base) or
$40 million.  S&P do not expect this covenant to be applicable over
the next 12 months, as it forecasts ample availability under the
revolver for that time period.

The negative outlook reflects S&P's expectation that operating
performance will continue to be weak despite its expectation for
some moderation in fiscal 2017.  S&P believes that it will be
difficult for New Academy to meaningfully improve traffic trends
due to our expectation for increased competition from e-commerce
retailers and sustained economic weakness in oil and gas dependent
markets.  Furthermore, given the company's recent volatility in
operating performance and credit metrics, S&P believes there is at
least a 1-in-3 chance that the company could meaningfully
underperform our expectations, which would likely result in lower
ratings.

S&P could lower the ratings if the company is unable to stabilize
operating performance, leading to further weakening of
profitability metrics and deterioration of the company's liquidity
position.  This could be the result of additional merchandise
missteps leading to further traffic declines, along with increased
competition from e-commerce and big-box retailers.  Under this
scenario, sales trends would grow in the low- to mid–single-digit
percentages in fiscal 2017 (compared with S&P's base-case forecast
of mid- to high–single-digits) and gross margin would remain flat
to last year, resulting in sustained meaningful negative FOCF.  S&P
could also lower the ratings if operating performance deterioration
results in the mounting possibility of a proactive effort to
restructure the significant balance sheet debt obligations with a
distressed exchange or another restructuring action.

Although unlikely, S&P could revise the outlook back to stable if
the company demonstrates improved and consistent performance, with
sales gains in the high-single–digit percentages in fiscal 2017
(compared with S&P's forecast of mid- to high-single-digit growth),
along with gross margin expansion of about 100 basis points above
S&P's expectation.  This could happen if management executes a more
focused and desirable merchandising strategy that resonates well
with its core customer, and can manage its inventory effectively to
meet demand and limit promotional activity.  Under this scenario,
debt to EBITDA would improve to the low-6x and FOCF would be
consistently positive on a sustained basis.  In addition, S&P would
believe that the risk of a proactive effort to restructure debt is
remote.



NEWBURY COMMON: US Trustee Tries to Block Approval of Disclosures
-----------------------------------------------------------------
Andrew R. Vara, the Acting U.S. Trustee for Region 3, filed with
the U.S. Bankruptcy Court for the District of Delaware an objection
to Newbury Common Associates, LLC, and certain of its affiliates'
disclosure statement for the Debtors' joint plan of liquidation.

The U.S. Trustee asserts that the Court should not approve the
Disclosure Statement or enter an order approving the solicitation
procedures as currently drafted, because the Disclosure Statement
does not contain adequate information.

According to the U.S. Trustee, the Disclosure Statement and
proposed solicitation procedures have these deficiencies:

     a. the Disclosure Statement lacks adequate financial exhibits

        to enable a claimant or interest holder to readily
        determine potential dividends;

     b. the Disclosure Statement fails to disclose the net
        proceeds from property sales and remaining funds on hand
        post-confirmation;

     c. the Disclosure Statement contains inadequate disclosure of

        proposed settlements; and

     d. the Disclosure Statement contains inadequate disclosure of

        the disposition of those jointly-administered debtors not
        included in the Plan.

The U.S. Trustee adds that the Plan contains provisions rendering
it patently unconfirmable:

     a. the Plan would provide a discharge to the Debtors, which
        is not permitted in a liquidation plan for a non-
        individual debtor;

     b. the Plan's exculpation clause includes improper parties,
        and attempts to effectuate a prospective release;

     c. the Plan includes inappropriate third party releases and
        limitations on liability;

     d. the Plan would provide for inappropriate settlements; and

     e. the Plan calls for creation of an Investor Trust, but the
        beneficiaries would include entities that did not invest
        in any of the Investor Trust Debtors.

The Objection is available at:

             http://bankrupt.com/misc/deb15-12507-1661.pdf

As reported by the Troubled Company Reporter on March 3, 2017, the
Debtors filed with the Disclosure Statement dated Feb. 27, 2017,
referring to the Debtors' joint plan of liquidation.  Under the
Plan, Class 5 General Unsecured Claims are impaired.  Estimated
recoveries for holders of these claims are: (a) Investor Trust
Debtors: 35%-65%; (b) Seaboard Hotel LTS and Seaboard Hotel LTS
Member: 0%; and (c) Other Plan Debtors: 10%-40%.  Each holder of a
General Unsecured Claim will receive, in full satisfaction thereof,
its pro rata share of the applicable Distribution Escrow
Sub-Account of the Plan Debtor against whom its claim it allowed,
that remains after all payments are made to senior Classes of
Claims (excluding Class 4, Settling Lender Claims) against such
Plan Debtor in accordance with the Payment Waterfall, until the
holder has received payment in full of its allowed claim.

                About Newbury Common Associates
   
Newbury Common Associates, LLC, et al., comprise a corporate
enterprise that owns a diverse portfolio of high quality,
distinctive commercial, hospitality and residential properties with
an aggregate of approximately 800,000 square feet located primarily
in Stamford, Connecticut.

On Dec. 13, 2015, Newbury Common Associates, LLC, and 13 affiliates
each commenced a voluntary case (Bankr. D. Del. Lead Case No.
15-12507) under chapter 11 of the Bankruptcy Code, and on Dec. 14,
Tag Forest LLC commenced a Chapter 11 case (collectively, "Original
Debtors").  On Feb. 3, 2016, Newbury Common Member Associates, LLC,
and 8 affiliates commenced a voluntary case under chapter 11 of the
Bankruptcy Code; and then on Feb. 4, 88 Hamilton Avenue Associates,
LLC filed a Chapter 11 petition (collectively "Additional
Debtors").  The petitions were signed by Marc Beilinson, chief
restructuring officer.  At the time of the filing, the Debtors
estimated assets and liabilities at $100 million to $500 million.

Seaboard Realty, LLC, its principals or entities it manages serve
as the manager under the operating agreements for each of the
Debtors and is owned 50% by John J. DiMenna, Jr., 25% by Thomas L.
Kelly, Jr., and 25% by William A. Merritt, Jr.  The Original
Debtors other than Seaboard Residential, LLC, Tag, and Newbury
Common Associates, LLC, are holding companies whose assets are
substantially comprised of the equity of the Property Owner
Debtors.  The Debtors' eight operating property are owned by the
"Property Owner Debtors", namely Century Plaza Investor Associates,
LLC; Seaboard Hotel Associates, LLC; Seaboard Hotel LTS Associates,
LLC; Park Square West Associates, LLC; Clocktower Close Associates,
LLC; One Atlantic Investor Associates, LLC; 88 Hamilton Avenue
Associates, LLC; 220 Elm Street I, LLC; 300 Main Street Associates,
LLC; and Seaboard Residential, LLC.

The Original Debtors' Chapter 11 cases are being jointly
administered pursuant to an order entered Dec. 18, 2015.  The
Debtors later won approval of a supplemental motion seeking joint
administration of the Additional Debtors' Chapter 11 cases with the
cases of the Original Debtors for procedural purposes only.

As of Jan. 7, 2016, the Debtors had incurred purported aggregate
funded secured indebtedness of approximately $177.2 million in
principal, including approximately $150.4 million of property-level
secured debt and approximately $26.8 million of purported and
allegedly unauthorized mezzanine debt.

The Debtors are represented by Robert S. Brady, Esq., at Young
Conaway Stargatt & Taylor, LLP, and Dechert LLP.  They retained
Donlin Recano as claims and noticing agent, and Anchin, Block &
Anchin as their Forensic Accounting Services Provider.

The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Debtors' cases.


NORTHSTAR OFFSHORE: Taps Parkman Whaling as Investment Banker
-------------------------------------------------------------
Northstar Offshore Group, LLC seeks authorization from the U.S.
Bankruptcy Court for the Southern District of Texas to employ
Parkman Whaling LLC as investment banker.

Parkman Whaling will perform these investment banking services:

   (a) meet with the Debtor to develop an understanding of its
       objectives;

   (b) meet with the Debtor's management to allow Parkman Whaling
       to gain a thorough understanding of the Debtor's assets,
       business and prospects;

   (c) assist the Debtor in drafting bid procedures, an asset
       purchase agreement, and other documents that will foster a
       competitive 363 sale;

   (d) assist the Debtor in formulating, considering, and
       proposing various transaction structures designed to
       achieve the Debtor's objectives with respect to possible
       transactions;

   (e) design and implement a solicitation program to identify
       potential transaction counterparties and provide evaluation

       materials and other marketing materials to interested
       parties;

   (f) assist the Debtor in conducting due diligence efforts
       related to potential transactions;

   (g) assist the Debtor in developing the Debtor's negotiating
       strategy and in analyzing the highest and best potential
       transaction;

   (h) assist the Debtor in pursuing negotiations with one or more

       interested parties through the execution of definitive
       documentation; and

   (i) render such other advisory services as may reasonably be
       requested by the Debtor in connection with the engagement.

The Debtor and Parkman Whaling have agreed to following terms of
compensation:

   -- Monthly Fees. A monthly fee of $40,000 is payable upon the
      execution of the Letter Agreement and on the monthly
      anniversary of the Letter Agreement throughout the term of
      Parkman Whaling's engagement.

   -- Transaction Fee. If substantive negotiations, a letter of
      intent, or a definitive agreement lead to a sale of the
      Debtor or its assets, Parkman Whaling will receive a
      transaction fee equal to a percentage of the value of the
      transaction.

      (i) If the transaction value is less than or equal to
          $15,000,000, Parkman Whaling will receive 3% of the
          transaction value.

     (ii) If the transaction value is greater than $15,000,000,
          Parkman Whaling will receive 5% of the difference
          between the transaction value and $15,000,000, in
          addition to the amount in subparagraph (i).

    (iii) If a stalking horse bidder is selected by May 31, 2017
          with a bid that provides for the indefeasible payment in

          full, in cash, of all obligations owed under the
          Superpriority Secured Debtor-in-Possession Credit
          Agreement (the "DIP Credit Agreement"), the transaction
          fee percentages in subparagraphs (i) and (ii) above will

          each be increased by 1%.

     (iv) If the lenders who are party to the Superpriority
          Secured Debtor-in-Possession Credit Agreement ("DIP
          Loan") dated as of December 6, 2016 acquire the Debtor's

          assets for a transaction value equal to or less than the

          par-value of the DIP Loan, the transaction fee will be
          $250,000.

   -- Expenses. The Debtor agrees to reimburse Parkman Whaling
      monthly for its reasonable out-of-pocket expenses related to

      the Letter Agreement, including reasonable fees and expenses

      of counsel.

Thomas B. Hensley, Jr., partner of Parkman Whaling, 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.

Parkman Whaling can be reached at:

       Thomas B. Hensley, Jr.
       PARKMAN WHALING LLC
       JP Morgan Chase Tower
       600 Travis Street, Suite 600
       Houston, TX 77002
       Tel: (713) 333-8400

                   About Northstar Offshore Group

Northstar Offshore Group, LLC is an independent oil and gas
exploration and production company that focuses on acquisition and
recompletion, development drilling, and low-risk exploration in the
waters of the Gulf of Mexico.

Three creditors filed an involuntary Chapter 11 petition against
Northstar Offshore Group on August 12, 2016.  The petitioning
creditors are Montco Oilfield Contractors, LLC, Alliance Offshore,
LLC, and Alliance Energy Services, LLC.  The creditors are
represented by DLA Piper (US) LLP.  

On December 2, 2016, the Debtor agreed to convert the involuntary
case to a voluntary case by filing a voluntary Chapter 11 petition
(Bankr. S.D. Texas Case No. 16-34028).

On December 19, 2016, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The committee hired DLA
Piper LLP as legal counsel, and FTI Consulting, Inc as financial
advisor.


NULOOK CAPITAL: Case Summary & 9 Unsecured Creditors
----------------------------------------------------
Debtor: NuLook Capital
        25 Hemmingway Drive
        Melville, NY 11747
        Tel: 516 444 3499

Case No.: 17-72013

About the Debtor: NewLook does not have any parent company, nor
                  does it hold any equity interests in any
                  subsidiary companies.

Chapter 11 Petition Date: April 4, 2017

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

Judge: Hon. Louis A. Scarcella

Debtor's Counsel: Randall S. D. Jacobs, eSQ.
                  RANDALL S. D. JACOBS, PLLC
                  30 Wall Street, 8th Floor
                  New York, NY 10005
                  Tel: 212 709 8116
                  Fax: (973) 226-8897
                  E-mail: rsdjacobs@chapter11esq.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Anthony Mannino, managing member.

A copy of the Debtor's list of nine unsecured creditors is
available for free at http://bankrupt.com/misc/nyeb17-72013.pdf


OCM CONSTRUCTION: May Enter Into Financing Pact With OCM
--------------------------------------------------------
The Hon. Michael J. Kaplan of the U.S. Bankruptcy Court for the
Western District of New York has entered an order authorizing OCM
Construction, Inc., to enter into premium financing agreement with
Superior Payment Plan, LLC.

The Debtor is authorized to grant SPP liens and security interests,
and liens and security interests are granted in (a) the unearned or
return premiums and dividends which may become payable under the
insurance policies identified in the Agreement, and (b) loss
payments which reduce the unearned premiums, subject to any
mortgage or loss payee interests.  The liens and security interest
of SPP will at all times be senior to the rights of the estate in
this or any subsequent proceeding and to the rights of any other
person or entity claiming a security interest in the collateral,
except, with respect to any loss payments which reduce the unearned
premiums, the rights of mortgagees or other loss payees.

SPP's liens and security interests in the collateral are and for
all purposes will be deemed to be duly perfected, and no notice,
filing, recordation or other act in accordance with any applicable
local, state, federal or common law statute, rule or regulation
will be necessary to create, perfect or enforce the liens and
security interests.

The full rights of SPP pursuant to the Agreement and controlling
state law be and the same hereby are fully preserved and protected
and are and will remain unimpaired by pendency of this or any
subsequent proceeding under the U.S. Bankruptcy Code.

The court order is available at:

           http://bankrupt.com/misc/nywb14-12283-232.pdf

                      About OCM Construction

Headquartered in Blasdell, New York, OCM Construction, Inc., filed
for Chapter 11 bankruptcy protection (Bankr. W.D.N.Y. Case No.
14-12283) on Oct. 1, 2014, listing $171,778 in total assets and
$1.18 million in total liabilities.  The petition was signed by
Konrad S. Ortega, president.

Judge Michael J. Kaplan presides over the case.

Arthur G. Baumeister, Jr., Esq., at Amigone, Sanchez, Mattrey &
Marshall LLP, serves as the Debtor's bankruptcy counsel.


OL FRESH LLC: Wants Authorization for 90-Day Cash Collateral Use
----------------------------------------------------------------
OL Fresh, LLC, seeks authorization from the U.S. Bankruptcy Court
for the District of Massachusetts for the use of cash collateral
for a period of ninety days.

The Debtor intends to use cash collateral for the continuation of
its operations of an Orange Leaf Frozen Yogurt shop in Woburn,
Massachusetts. Particularly, the Debtor requires the use of cash
for payment of post-petition operating expenses, such as supplies,
franchise fees, payroll, repairs, rent, maintenance and utilities.
The 3-month proposed Budget for April through June 2017 reflects
total cash disbursements in the aggregate sum of $81,575.

Currently, the Debtor says its average monthly business receipts
are expected to be approximately $30,000 per month.  The Debtor is
presently segregating its cash collateral as required by the
Bankruptcy Code.

The Debtor is indebted to People's United Bank, as of the Petition
Date, a total of $251,000 as a result of two loans made by the
Debtor, which are subject to an all asset security agreement. The
loans are guaranteed by the Debtor's owner James Amatucchi in the
initial amount of $277,000 and $33,000.

Accordingly, the Debtor proposes that People's United Bank be given
replacement lien in the post-petition receipts to the same extent
and with the same priority as it ejoyed prior to the filing of the
Chapter 11 petition.  The Debtor further proposes to make monthly
adequate protection payments of $1,255 to People's United Bank for
any diminution in the value of its collateral.

A full-text copy of the Debtor's Motion, dated March 28, 2017, is
available at https://is.gd/xnI8io

OL Fresh, LLC is represented by:

           Timothy M. Mauser, Esq.
           LAW OFFICE OF TIMOTHY MAUSER, ESQ.
           10 Liberty Street
           Danvers, Massachusetts 01938
           Phone: (617) 338-9080
           Fax: (617) 275-8990
           E-mail: tmauser@mauserlaw.com

                    About OL Fresh, LLC

OL Fresh, LLC filed a Chapter 11 petition (Bankr. D. Mass. Case No.
17-10994), on March 23, 2017. The Petition was signed by James W.
Amatucci, Managing Member. The Debtor is represented by Timothy M.
Mauser, Esq. at the Law Office of Timothy Mauser, Esq. At the time
of filing, the Debtor had $30,400 in total assets and $298,003 in
total liabilities.


ORBITE TECHNOLOGIES: Intends to File Proposal Under BIA
-------------------------------------------------------
Orbite Technologies Inc. on April 3, 2017, disclosed that it has
filed a Notice of Intention (the "NOI") to make a proposal under
the Bankruptcy and Insolvency Act (Canada) (the "BIA").

This filing follows the Company's announcement by way of press
release on March 31, 2017 of material issues with the electrical
heating system of the Outotec supplied calcination equipment at the
Company's High Purity Alumina plant, including additional external
capital costs and time required to remedy the issues, the
anticipated default under the Company's credit facilities, and the
ensuing existence of material uncertainty about the Company's
ability to continue as a going concern.

Orbite regrets having to take this measure, but after carefully
reviewing all relevant circumstances with the help of its advisors,
the Company believes this measure is the best way to protect all
stakeholders and will best facilitate its efforts to renegotiate
its debt, work through the potential insurance coverage and raise
the funds needed to remedy the supplied equipment issues.  The
filing of the NOI has the effect of imposing an automatic 30-day
stay of proceedings that will protect the Company and its assets
from the claims of creditors while the Company pursues its
restructuring efforts.  This 30-day period may be renewed with the
authorization of the Court.

The initial NOI period will allow Orbite to evaluate, with its
partners, all available legal recourses and financial alternatives
that may allow the Company to resume its production efforts as soon
as possible and hopefully continue as a going concern.

As announced in its press release of March 31, 2017, operations
will be suspended as the Company concentrates its human and
financial resources on efforts to raise capital and implement the
contemplated solution to the Outotec supplied equipment issues.
There can be no guarantee that the Company will be successful in
securing further financing, curing the supplied equipment issues or
achieving its restructuring objectives.  Failure by the Company to
achieve its financing and restructuring goals will likely result in
the Company becoming bankrupt.

Pursuant to the NOI filing, PricewaterhouseCoopers Inc. has been
appointed as the trustee in the proposal proceedings of Orbite, and
in that capacity will monitor and assist the Company in its
restructuring effort.

Following this announcement, the Company expects the Toronto Stock
Exchange (the "TSX") to suspend trading of the Company's common
shares and commence a delisting review with respect to whether
Orbite continues to meet the TSX requirements for continued
listing.  There is no certainty as to timing or likelihood that the
common shares will recommence trading on the TSX or any other
market.

                        About Orbite

Orbite Technologies Inc. (TSX:ORT)(OTCQX:EORBF) is a Canadian
cleantech company whose innovative and proprietary processes are
expected to produce alumina and other high-value products, such as
rare earth and rare metal oxides, at one of the lowest costs in the
industry, and in a sustainable fashion, using feedstocks that
include aluminous clay, kaolin, nepheline, bauxite, red mud, fly
ash as well as serpentine residues from chrysotile processing
sites.  Orbite is currently in the process of finalizing its first
commercial high-purity alumina (HPA) production plant in Cap-Chat,
Quebec and has completed the basic engineering for a proposed
smelter-grade alumina (SGA) production plant, which would use clay
mined from its Grande-Vallee deposit.  The Company's portfolio
contains 15 intellectual property families, including 50 patents
and 52 pending patent applications in 11 different countries and
regions.  The first intellectual property family is patented in
Canada, USA, Australia, China, Japan and Russia.  The Company also
operates a state of the art technology development center in Laval,
Quebec, where its technologies are developed and validated.


ORIENT PAPER: Gets Audit Opinion With Going Concern Qualification
-----------------------------------------------------------------
Orient Paper, Inc., a manufacturer and distributor of diversified
paper products in North China, on April 3, 2017, disclosed that its
independent registered public accounting firm included a going
concern qualification in its audit opinion relating to the
Company's audited consolidated financial statements for the fiscal
year ended Dec. 31, 2016, which were included in the Company's
Annual Report on Form 10-K filed on March 22, 2017 with the
Securities and Exchange Commission.

This announcement is made pursuant to NYSE MKT LLC Company Guide
Section 610(b), which requires a public announcement of the receipt
of an audit opinion containing a going concern qualification.  This
announcement does not represent any change or amendment to the
Company's audited financial statements or to its Annual Report on
Form 10-K for the fiscal year ended December 31, 2016.

                   About Orient Paper, Inc.

Orient Paper (NYSE MKT: ONP) is a paper manufacturer in North
China.  Using recycled paper as its primary raw material (with the
exception of its digital photo paper and tissue paper products),
Orient Paper produces and distributes three categories of paper
products: corrugating medium paper, offset printing paper, and
other paper products, including tissue paper products.

With its production based in Baoding and Xingtai, cities in Hebei
Province in North China, Orient Paper is located strategically
close to the Beijing and Tianjin region, home to a growing base of
industrial and manufacturing activities and one of the largest
markets for paper products in the country.

Orient Paper's production facilities are controlled and operated by
its wholly owned subsidiary Shengde Holdings Inc., which in turn
controls and operates Baoding Shengde Paper Co., Ltd., and Hebei
Baoding Orient Paper Milling Co., Ltd.

Founded in 1996, Orient Paper has been listed on the NYSE MKT under
the ticker symbol "ONP" since December 2009.  


OTEX RESOURCES: Has Final OK to Obtain Financing From Solstice
--------------------------------------------------------------
The Hon. Marvin Isgur of the U.S. Bankruptcy Court for the Southern
District of Texas has entered a final order authorizing OTeX
Resources, LLC, to draw an amount up to the remaining $30,000 under
the DIP financing agreement with Solstice Capital, LLC.  

As reported by the Troubled Company Reporter on Feb. 21, 2017, the
Debtor asked the Court to approve the DIP credit facility -- senior
multi-draw revolving credit facility in the amount up to $100,000
in any new money loans with funds being advanced as post-Petition
accounts receivable and inventory are acquired.  The maturity is
the earlier of: (a) the effective date of the Debtor's chapter 11
plan; (b) the date a sale of substantially all of the Debtor's
assets is consummated under 11 U.S.C. Section 363; (c) the
occurrence of an event of default; or (d) March 1, 2019.  All loans
and other obligations under the DIP Facility will be: (a) entitled
to superpriority claim status; and (b) will be secured by, among
others, a first priority perfected security interest, senior to
liens securing the prepetition credit facilities in all presently
owned and after-acquired assets of the Debtor and a junior lien on
all previously encumbered assets of the Debtor, other than liens
securing the prepetition credit facilities.  Interest is 12% per
annum.

A copy of the final court order is available at:

          http://bankrupt.com/misc/txsb17-80033-24.pdf

                    About OTeX Resources LLC

Otex Resources LLC owns a small oil field production company.  It
operated a business
specializing in the production and sales of crude oil resulting
from its acting as an operator in certain fields in eastern Harris
County and Western Chambers County.

Otex Resources sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Texas Case No. 17-80033) on Jan. 31, 2017.  The
petition was signed by Thomas E. Fereday, managing member.  At the
time of the filing, the Debtor disclosed $560,172 in assets and
$1.71 million in liabilities.  The case is assigned to Judge Marvin
Isgur.




P10 INDUSTRIES: Hires Reiter Brunel as Special Counsel
------------------------------------------------------
P10 Industries, Inc. seeks authorization from the U.S. Bankruptcy
Court for the Western District of Texas to employ Reiter, Brunel &
Dunn, PLLC as special counsel, effective March 22, 2017.

Reiter Brunel will render services to the Debtor including, but not
limited to:

  -- serving as outside corporate counsel to the Debtor;

  -- working with the Debtor on appropriate disclosures and other
     required filings; and

  -- representing the Debtor other matters which may arise during
     the pendency of this case.  The representation may also
     include assisting Eric Terry Law, PLLC.

Reiter Brunel's professional who will work on the case and his
hourly rate is:

       J. William Wilson     $300 per hour

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

J. William Wilson, authorized representative of Reiter Brunel,
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.

Reiter Brunel can be reached at:

       J. William Wilson, Esq.
       REITER, BRUNEL & DUNN, PLLC
       6805 Capital of Texas
       Highway N, Suite 318
       Austin, TX 78731
       Tel: (512) 646-1104
       E-mail: bwilson@outsourcegc.com

                   About P10 Industries Inc

P10 Industries (OTCMKTS: PIOI) is a public company aimed at
monetizing highly valued intellectual property assets and acquiring
profitable businesses in the commercial and industrial markets to
generate profit and positive cash flows, ultimately creating
long-term stockholder value.  P10 was founded on Nov. 19, 2016,
following completion of an asset acquisition of Active Power, Inc.,
by Piller Power Systems, Inc., a subsidiary of Langley Holdings
PLC. Active Power rebranded and changed its name to P10 Industries
pursuant to the terms of the acquisition agreement.  

P10 Industries, Inc. fka Active Power, Inc., based in Austin, Tex.,
filed a Chapter 11 petition (Bankr. W.D. Tex. Case No. 17-50635) on
March 22, 2017.  The Hon. Craig A. Gargotta presides over the case.
Eric Terry, Esq., at Eric Terry Law PLLC, serves as bankruptcy
counsel. Reiter, Brunel & Dunn, PLLC serves as the Debtor's
corporate counsel.

In its petition, the Debtor declared $4.93 million in total assets
and $6.97 million in total liabilities.  The petition was signed by
Jay Powers, CFO.

A list of the Debtor's 16 largest unsecured creditors is available
for free at http://bankrupt.com/misc/txwb17-50635.pdf


PAYLESS HOLDINGS: Will Close 389 of 4,400 Footwear Stores
---------------------------------------------------------
Payless Holdings LLC, a footwear retailer with nearly 4,400 stores
in more than 30 countries around the world, sought Chapter 11
bankruptcy protection and aims to immediately close 389
unprofitable brick and mortar store locations as part of an
agreement reached with its existing lenders.  

Payless has engaged Great American Group, LLC, and Tiger Capital
Group, LLC, to perform the large-scale liquidation sales.  Payless
intends to further evaluate for closure approximately 3,000
additional stores out of their existing fleet and negotiate
significant rent concessions with the landlords of other stores.

On April 4, 2017, Payless Holdings and 28 of its subsidiaries
commenced Chapter 11 cases in St. Louis, Missouri (Bankr. E.D.
Mo.).  The cases are pending before the Honorable Kathy A,
Surratt-States and are jointly administered under Case No.
17-42267.

The Debtors cited recent adverse economic trends (including a shift
away from brick-and-mortar to online retail channels) and other
specific, non-recurring factors for their weaker-than-anticipated
financial performance in 2015 and 2016, pressuring their  capital
structure and straining liquidity.

The Debtors had outstanding debt of approximately $838 million as
of the Petition Date consisting of: (a) $187 million in secured
debt under their asset-backed revolving credit facility; (b)
approximately $506 million in secured debt under their first lien
credit facility; and (c) approximately $145 million in secured debt
outstanding under their second lien credit facility.

Prior to the Petition Date, the Debtors entered into a
restructuring support agreement with approximately 2/3 of their
capital structure for a comprehensive restructuring that will
provide them with (a) a $305 million revolving debtor-in-possession
credit facility to finance its business through this process; (b)
up to $80 million in new capital from certain existing term lenders
to support these cases and help the Debtors emerge with a
right-sized balance sheet; (c) a plan framework that will reduce
their funded debt from $838 million to an estimated $469 million
(inclusive of assumed revolving loans); and (d) a framework to
enable them to rationalize their store fleet and profitability.

The RSA and DIP Facilities provide for certain milestones
including, among other things, the filing of an acceptable plan and
disclosure statement within 21 days of the Petition Date and the
emergence from Chapter 11 within 128 days of the Petition Date.
The RSA term sheet also contains certain conditions and covenants,
including (a) achieving certain forecasted rent concessions, EBITDA
targets, and inventory receipts, and (b) renegotiating terms of
their existing joint venture agreements such that they are on
market terms within 100 days of the Petition Date.

In connection with filing the Chapter cases, the Debtors are also
seeking ancillary relief in Canada on behalf of their estates
pursuant to Part IV of the Companies' Creditors Arrangement Act,
R.S.C. 1985, c. C-36, as amended, in the Ontario Superior Court of
Justice (Commercial List).  The purpose of the ancillary
proceedings is to request that the Canadian Court recognize the
Chapter 11 cases as "foreign main proceedings" under the applicable
provisions of the CCAA in order to, among other things, grant liens
on certain Canadian assets in connection with the ABL DIP Facility
and generally protect the Debtors' assets and operations in
Canada.

With debtor-in-possession financing and a pre-negotiated plan
structure in place, the Debtors expect to move expeditiously
through the Chapter cases and emerge as a stronger,
better-capitalized business able to provide the "go to, get more,
pay less" experience for their customers for years to come.

Through the Chapter 11 cases, the Debtors will continue to
prioritize the vendors they need to meet their consumer demands and
will have the liquidity to pay their key vendors while rejecting
contracts with non-critical prepetition creditors.  The Debtors
will also use these cases to consummate a comprehensive evaluation
of their North American store footprint.

The Debtors have requested that their cases be jointly administered
under Case No. 17-42267.  The Honorable Kathy A. Surratt-States
presides over the cases.

                   Difficult Market Conditions

According to Michael Schwindle, senior vice president and chief
financial officer of Payless ShoeSource Inc., since early 2015, the
Debtors have experienced a top-line sales decline driven primarily
by (a) a set of significant and detrimental non-recurring events,
(b) foreign exchange rate volatility, and (c) challenging retail
market conditions.  These pressures led to the Debtors' inability
to both service their prepetition secured indebtedness and remain
current with their trade obligations.

Specifically, Mr. Schwindle noted, a confluence of events in 2015
lowered Payless' EBITDA by 34 percent -- a level from which it has
not fully recovered.  In early 2015, the Debtors meaningfully
over-purchased inventory due to antiquated systems and processes
(that have since undergone significant enhancement).  In addition,
West Coast port strikes in February 2015 delayed the arrival of the
Debtors' products by several months, causing a major inventory flow
disruption just before the important Easter selling period, leading
to diminished sales.  When the delayed inventory arrived, the
Debtors were forced to sell millions of pairs of shoes at steep
markdowns, which depressed margins and drained liquidity.

Mr. Schwindle said that industry-wide declines in sales and traffic
during 2015 and 2016 compounded the aforementioned challenges, as
did sharp and unexpected declines in foreign exchange rates in
2015, primarily in Canada, Colombia and Australia.  This
weaker-than-anticipated financial performance forced management to
curtail capital and marketing investments required to combat the
broader challenges facing the retail industry.

To address their financial difficulties, the Debtors said they took
significant steps to evaluate and implement cost reduction
initiatives in the months leading up to the Petition Date.  These
initiatives have included (a) closing 128 brick-and-mortar stores,
which closures are expected to result in an additional $9 million
in annual cost savings, (b) terminating approximately 145 employees
from their corporate offices and support organization, which is
expected to generate $15 million in annual cost savings, and (c)
pursuing rent concessions across remaining stores.  At the same
time, the Debtors have been managing liquidity constraints by
stretching payments to the merchandise vendors and suppliers that
are essential to their operations.

Beginning in February 2017, the Debtors commenced discussions with
a steering committee of their senior term loan lenders regarding a
potential transaction structure that would enable them to obtain
capital, manage their vendor issues, right size their balance sheet
and invest in their omni-channel presence and relevance.  The
Debtors said that as these discussions progressed, and given their
objectives, it became apparent that an in-court reorganization was
the best path to reorganizing their business and improving their
overall financial condition.

According to the Debtors, despite the industry-wide shift away from
brick-and-mortar stores, North American wholly-owned stores
generated nearly $1.9 billion in sales in fiscal year 2016 and
nearly $2 billion in fiscal year 2015, representing 64% and 55% of
Payless' overall EBITDA, respectively.

                        About Payless

Payless -- http://www.payless.com/-- was founded as a private
company in 1956 as an everyday footwear retailer with a strategy of
selling low-cost, high-quality, fashion-forward family footwear.
It currently employs approximately 22,000 people.  Payless first
traded publicly in 1962, and was taken private in May 2012.
Payless Holdings, LLC, currently owns, directly or indirectly, each
of Payless' 91 subsidiaries.

Payless operates in more than 30 countries through its three
business segments (North America, Latin America, and franchised
stores), producing approximately 110 million pairs of shoes per
year across the world.  Payless' North American business represents
a majority of the Debtors' store base, with more than 3,500
wholly-owned stores in the United States, Puerto Rico, and Canada.
Worldwide, Payless had approximately $2.3 billion in net sales in
2016.

Payless' franchised segment consists of stores operated by
franchisees in countries like the Philippines, Indonesia, India,
South Korea, Thailand, Ghana, and Libya.  Since opening their first
franchised stores in 2009, the Debtors' franchise business has
grown to nearly 400 stores across 17 countries.


PEABODY ENERGY: Exits Chapter 11, To List on NYSE Under BTU Ticker
------------------------------------------------------------------
Peabody Energy Corporation on April 3, 2017, disclosed that it has
emerged from Chapter 11 protection with a transformed capital
structure, including new equity that is expected to begin trading
tomorrow on the New York Stock Exchange under the ticker symbol
BTU.

"We believe that 'The New BTU' is well positioned to create
substantial value for shareholders and other stakeholders over
time," said Peabody President and Chief Executive Officer Glenn
Kellow.  "Peabody is the only global pure-play coal investment, and
we have the scale, quality of assets and people, and diversity of
geography and products to be highly competitive.  We also have
taken significant steps to create a capital structure to succeed
through all cycles.  Our financial focus will now be on reducing
debt, targeting high-return investments and returning cash to
shareholders over time."

In accordance with the company's prior announcements and, as
required by the plan of reorganization confirmed by the bankruptcy
court, the company's common stock that had been trading under the
ticker symbol BTUUQ was extinguished with no value effective at
4:00 p.m. EDT on April 3, 2017.

In the past year, Peabody has reduced debt by more than $5 billion
from pre-filing levels at March 2016.  In addition, Peabody
achieved record safety this past year; protected jobs; served
global customers; reduced costs and built cash and liquidity;
strengthened the Australia platform; accelerated coal mine
restoration; provided third-party bonding assurances; and was
recognized globally for sustainability.

"We thank our 6,700 employees and all stakeholders for their
widespread support for the company and our plan of reorganization,"
said Mr. Kellow.  "We look forward to this next phase in our
company's history.  Coal remains an essential part of the energy
mix, and Peabody is the largest U.S. coal producer while our
Australian platform has access to the higher-growth Asia-Pacific
region."

                About Peabody Energy Corporation

Headquartered in St. Louis, Missouri, Peabody Energy Corporation --
http://www.PeabodyEnergy.com/-- claims to be the world's largest
private-sector coal company.  As of Dec. 31, 2014, the Company
owned interests in 26 active coal mining operations located in the
United States (U.S.) and Australia.  The Company has a majority
interest in 25 of those mining operations and a 50% equity interest
in the Middlemount Mine in Australia.  In addition to its mining
operations, the  Company markets and brokers coal from other coal
producers, both  as principal and agent, and trade coal and
freight-related  contracts through trading and business offices in
Australia, China, Germany, India, Indonesia, Singapore, the United
Kingdom And the U.S.

Peabody posted a net loss of $1.988 billion for 2015, wider from
the net loss of $777 million in 2014 and the $513 million net loss
in 2013.

At Dec. 31, 2015, the Company had total assets of $11.02 billion
against $10.1 billion in total liabilities, and stockholders'
equity of $919 million.

On April 13, 2016, Peabody Energy Corp. and 153 affiliates filed
voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code.  The 154 cases are jointly administered
before the Honorable Judge Barry S. Schermer under (Bankr. E.D. Mo.
Case No. 16-42529).

As of the Petition Date, PEC has approximately $4.3 billion in
outstanding secured debt obligations and $4.5 billion in
outstanding unsecured debt obligations.

The Debtors tapped Jones Day as general counsel; Armstrong,
Teasdale LLP as local counsel; Lazard Freres & Co. LLC and
investment banker Lazard PTY Limited as investment banker; FTI
Consulting, Inc., as financial advisors; and Kurtzman Carson
Consultants, LLC, as claims, ballot and noticing agent.

The Office of the U.S. Trustee on April 29, 2016, appointed seven
creditors of Peabody Energy Corp. to serve on the official
committee of unsecured creditors.  The Committee retained Morrison
& Foerster LLP as counsel, Spencer Fane LLP as local counsel,
Curtis, Mallet-Prevost, Colt & Mosle LLP as conflicts counsel,
Blackacre LLC as its independent expert, and Berkeley Research
Group, LLC, as financial advisor.


PIZZA PALZ: Asks for OK to Obtain Financing From Domino's Pizza
---------------------------------------------------------------
Pizza Palz, Inc., asks for permission from the U.S. Bankruptcy
Court for the Northern District of Alabama to obtain postpetition
financing and use cash collateral.

Domino's Pizza has agreed in principle to the terms of a facility
for the Debtor to obtain post-petition financing to include: (i) up
to an aggregate principal amount not to exceed $50,000 as a
revolving line of credit, and (ii) the ability to purchase food and
supplies from Domino's on credit terms.

The Debtor has determined that the DIP Financing is necessary for
the Debtor to operate its businesses in Chapter 11 and for the
Debtor's successful reorganization.  Because the Debtor's existing
cash on hand and projected operating revenues will not be
sufficient to fund the completion of its restructuring process, the
Debtor concluded that obtaining a firm commitment for postpetition
financing at the outset of this case is necessary and in the best
interest of their estates.

The Debtor has an immediate need to obtain the DIP Financing and
use cash collateral to, among other things, pay the operating
expenses associates with the Stores as well as restructuring
related expenses.

The ability to obtain food and supplies from Domino's Pizza on
credit terms is essential to the operation of the Stores
postpetition.  Since prior to the Petition Date, Domino's Pizza
will only sell food and supplies to the Debtor on a
cash-on-delivery basis.

The Debtor requires additional working cash flow in the opening
weeks of this case to allow for the continued orderly payment of
its operating expenses.  The Debtor is unable to obtain
post-petition financing in the form of unsecured credit allowable
as an administrative expense.

Domino's Pizza has agreed to sell the Debtor food and sales on
credit terms as part of the DIP Financing, which is conditioned on
the Debtor (i) filing a motion to sell substantially all of its
assets under 11 U.S.C. Section 363 by April 7, 2017; and (ii)
obtaining an order from the Court under Section 363 authorizing the
sale and closing of the asset sale to a buyer that is approved by
Domino's Pizza to operate the Stores by May 19, 2017.  The failure
to satisfy these milestones will be a default under the DIP Credit
Agreement giving rise to the immediate termination of the DIP
Financing.

The Lender is unwilling to extend the DIP Financing unless it is
granted a superpriority, priming lien on all of the Debtor's
property to be repaid out of the first proceeds of any sale of the
Debtor or otherwise.  The Debtor's reorganization efforts cannot
continue without the DIP Financing.  Without the DIP Financing, the
Debtor's eight Stores will immediately cease operation, thus
causing over 100 employees to lose their jobs.

A copy of the Debtor's request for financing approval and the DIP
Credit and Security Agreement is available at:

            http://bankrupt.com/misc/alnb17-40556-4.pdf

                       About Pizza Palz Inc.

Founded in 1994, Pizza Palz Inc is a small organization in the
restaurants industry located in Guntersville, Alabama.  It has 24
full-time employees and generates an estimated $928,140 in annual
revenue.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Ala. Case No. 17-40556) on March 23, 2017.  The
petition was signed by Judy O'Dell, president.  

Brian R Walding, Esq., at Walding LLC, serves as the Debtor's legal
counsel.

At the time of the filing, the Debtor disclosed $130,073 in assets
and $3.3 million in liabilities.


POSITRON CORP: Asks for Conditional Approval of Plan Outline
------------------------------------------------------------
Positron Corp. asked a U.S. bankruptcy court to conditionally
approve the disclosure statement, which explains its proposed
Chapter 11 plan of reorganization.

In its motion filed with the U.S. Bankruptcy Court for the Northern
District of Texas, the company also asked the court to set the
hearing on the disclosure statement contemporaneously with hearing
to confirm the plan.

Under U.S. bankruptcy law, the proponent of a Chapter 11 plan must
get court approval of its disclosure statement to begin soliciting
acceptances from creditors.  The document must contain adequate
information to enable creditors to make an informed decision about
the plan.

The Debtor's amended plan of reorganization dated March 27, 2017,
provides that general unsecured creditors, classified in Class 5,
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.

The Troubled Company Reporter on March 20, 2017, previously
reported that 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.

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.

                    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 are represented by Max R. Tarbox, Esq., at Tarbox Law
P.C. and Daniel Zamudio, Esq., at Zamudio Law Professionals P.C.
Meanwhile, the Debtor hired Jeff Carruth, Esq., at Weycer, Kaplan,
Pulaski & Zuber, P.C. as its legal counsel.  

On September 7, 2016, an order of relief under Chapter 11 of the
Bankruptcy Code was entered in the case with respect to Positron.

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.

No Chapter 11 trustee or committee of unsecured creditors has been
appointed in the case.

On March 6, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.   The plan
proposes to pay Class 5 general unsecured creditors 5% of their
allowed claims.  These creditors will receive equal monthly
payments over 60 months following the effective date of the plan.


POST HOLDINGS: S&P Rates $800MM Amended & Restated Facility 'BB-'
-----------------------------------------------------------------
S&P Global Ratings said that it assigned its 'BB-' issue-level
ratings to Post Holdings Inc.'s amended and restated $800 million
revolving credit facility due 2022.  The recovery rating is '1',
indicating S&P's expectations for very high (90% to 100%, rounded
value 95%) recovery in the event of a payment default.  The company
intends to use the facility for working capital, acquisitions, and
general corporate purposes.  S&P will withdraw the unsolicited
ratings on the company's $400 million revolver due 2019.  S&P's
other ratings on the company, including the 'B' corporate credit
rating and stable outlook, are unaffected by this transaction.

As of Dec. 31, 2016, S&P estimates the company had roughly $4.6
billion in reported debt outstanding.  Following the company's
$1.75 billion debt issuance in February and subsequent retirement
of approximately of $1.0 billion of debt in March, reported debt
increased to $5.3 billion with pro-forma leverage of about 4.5x (as
of Dec. 31, 2016).  The revolver amendment and restatement has no
impact on these pro-forma figures since it is undrawn.  S&P
estimates Post will maintain debt leverage of at least 4x because
S&P anticipates the company will continue to make acquisitions.

Post is a holding company with operating companies that
manufacture, market, and distribute branded and private-label
ready-to-eat (RTE) cereals, protein products, value-added egg
products, branded potatoes and cheese, and private label peanut
butter and granola.  Post has shifted its strategy from being a
pure-play cereal manufacturer to a holding company that has
diversified its business mix with several acquisitions.  S&P
expects the company will continue to diversify as it makes
additional acquisitions.  Geographic diversification is limited,
with more than 90% of sales generated in the U.S. and most of the
remainder in Canada.  Since 2012, Post has paid over $5 billion for
acquisitions, and S&P expects the company to continue to
aggressively pursue targets to improve the scale of its existing
segments.  S&P believes the company has meaningful scale in the
consumer brands segment following the MOM Brands acquisition in May
2015, which strengthened its No. 3 position in the U.S. RTE cereal
market.  S&P believes additional acquisition opportunities will
likely be in the foodservice, protein-related, active nutrition,
and private label categories, because of the fragmented nature of
those categories, which would provide opportunities for greater
synergies and bolster those segments' margins.

                         RECOVERY ANALYSIS

Key analytical factors

Capital Structure:

The issuer of all of the company's debt is Post Holdings Inc.
Following this transaction, the company's debt structure will
consist of:

   -- New $800 million revolving credit facility due 2022
   -- $630 million 6% senior unsecured notes due 2022
   -- $800 million 7.75% senior unsecured notes due 2024
   -- $400 million 8% senior unsecured notes due 2025
   -- $1.0 billion 5.5% senior unsecured notes due 2025
   -- $1.75 billion 5% senior unsecured notes due 2026
   -- $750 million 5.75% senior unsecured notes due 2027

Security and guarantee package:

The revolving credit facility is unconditionally guaranteed by
Post's existing and subsequently acquired direct and indirect
domestic subsidiaries and is secured by security interest in
substantially all of the company's assets and the assets of its
subsidiary guarantors, including certain material real property.

The issuer of the notes is Post Holdings Inc.  The notes will be
fully and unconditionally guaranteed on a senior unsecured basis of
the company's existing and future domestic subsidiaries.  The
company's foreign subsidiaries will not guarantee the notes and
account for less than 9% of the company's sales.

Covenants:

There are no financial maintenance covenants under the new
revolving credit facility.  However, the company will be subject to
a senior secured leverage ratio of 4.25x for each quarter that the
company's revolver borrowings exceed 30% of the total commitment.
S&P do not expect the company to be subject to this covenant over
the next 12 months.

Insolvency regimes:

Post Holdings Inc. is incorporated and headquartered in the U.S. In
the event of an insolvency proceeding, S&P anticipates the company
would file for bankruptcy protection under the auspices of the U.S.
federal bankruptcy court system and would be unlikely to involve
other foreign jurisdictions.

Simulated default assumptions:

S&P's simulated default scenario is driven by strained liquidity
from weak sales and profitability.  This could occur as a result of
heightened competitive pressures, combined with higher commodity
costs and consumer preference for other products, or a major
product recall.  These factors hamper margins and cash flow,
resulting in an inability to meet fixed charges.

   -- Year of default: 2020
   -- EBITDA at emergence: $543.6 million
   -- Implied enterprise value multiple: 7x

S&P's emergence level EBITDA of $544 million takes into
consideration a 20% operational adjustment (to reflect some
recoupment of sales volume and cost-cutting efforts that improve
margins) on top of the default level EBITDA.  The default EBITDA
roughly reflects fixed-charge requirements of about $351.0 million
in interest costs (S&P assumes a higher rate because of default and
include prepetition interest) and $102 million in minimal capital
expenditure (capex) assumed at default.  S&P estimates a gross
valuation of $3.8 billion, assuming a 7x EBITDA multiple. This is
within the range S&P used for some of the company's peers.

Calculation of EBITDA at emergence:

   -- Debt service assumption: $351 million (assumed default year
      interest)
   -- Minimum capex assumption: $102 million
   -- Preliminary emergence EBITDA: $453 million
   -- Operational adjustment: 20%
   -- Emergence EBITDA: $544 million

Simplified waterfall

   -- Emergence EBITDA: $544 million
   -- Multiple: 7x
   -- Gross recovery value: $3.8 billion
   -- Net recovery value for waterfall after administrative
      expenses (5%): $3.6 billion
   -- Obligor/nonobligor valuation split: 90%/10%
   -- Collateral value available to secured debt: $3.5 billion
   -- Estimated senior secured claims: $696 million
   -- Recovery range for senior secured debt: 90%-100%, rounded
      value 95%
   -- Remaining value to unsecured claims: $2.9 billion
   -- Estimated unsecured debt claims: $5.5 billion

RATINGS LIST

Post Holdings Inc.
Corporate credit rating              B/Stable/--

Ratings Assigned
Post Holdings Inc.
Senior secured
  $800 mil. revolver due 2022         BB-
   Recovery rating                    1(95%)


PRIMCOGENT SOLUTIONS: Awarded $18.3M in Medical Laser Deal Dispute
------------------------------------------------------------------
An arbitration panel recently awarded $18.3 million to the
bankruptcy estate of a Dallas company that claimed it was
fraudulently lured into a licensing deal to sell a medical laser
machine used by doctors.

The three-judge panel ruled 2-1 that Santa Barbara Medical
Innovations, LLC, "supplied false information and made
misrepresentations" when it struck a deal to sell substantially all
of its assets to Primcogent Solutions, LLC, in 2011, including
distribution rights for the Zerona laser, a device billed as a
noninvasive alternative to liposuction.

The transaction ultimately caused Primcogent to file for Chapter 11
bankruptcy in 2013 to reorganize its business.  It sued Santa
Barbara Medical Innovations and Zerona's manufacturer Erchonia
Corporation, based in McKinney, Texas, the same year, claiming
company officials were misled about the machine's
revenue-generating potential and the number of lasers on the
market.  A Dallas federal judge eventually compelled the parties to
arbitration.

According to the arbitration panel's findings, Santa Barbara
Medical Innovations failed to disclose to Primcogent that customers
had actually been returning the machines and that the deterioration
of a contractual relationship with Groupon was negatively affecting
customer relationships.

The Chapter 7 Trustee, John D. Spicer, was represented in the
proceedings by attorneys Chris Hamilton, Meagan Martin and Kevin
Colquitt of the Dallas law firm Standly Hamilton, as special
counsel appointed by the bankruptcy court.  Prior to its Chapter 7
conversion, Primcogent Solutions was represented by Michelle Larson
and Paul Silverstein of Andrews Kurth LLP.

"We are grateful that the entire panel of arbitrators paid such
serious and close attention to the law and the evidence, in finding
that Primcogent would not have entered into the deal if the true
legal and financial picture had been properly disclosed," Mr.
Hamilton said.  "This was a classic case of negligent
misrepresentation to induce a transaction. This award will provide
a strong measure of justice to the financial victims and
creditors."

Co-defendant Erchonia Corporation settled with the Chapter 7
Trustee on the morning of opening statements in the arbitration
hearing.

                     About Primcogent Solutions

Primcogent Solutions, LLC, is a supplier and distributor of medical
equipment and services in North America.  Primcogent operates as
the exclusive North American (and, through its European
subsidiaries, Western European) seller or distributor of equipment
manufactured by Erchonia Corporation, pursuant to
exclusive license and supply agreements.  Products sold include
Erchonia's non-invasive body-contouring laser technology
trademarked under the name Zerona(R), including the Zerona Body
Laser.

Primcogent was formed in late 2011 following the acquisition of the
business of Santa Barbara Medical Innovations LLC for $18 million.
Although the Erchonia agreement gave Primcogent perpetual rights to
sell Erchonia products, Erchonia declared in March 2013 that the
agreement has been terminated due to
Primcogent's alleged failure to perform and starting that time
stopped servicing Primcogent's products.  Primcogent, on the other
hand, claims Erchonia has committed fraud, breached the agreement
and tortiously interfered with Primcogent's business.  Primcogent
cites, among other things, Erchonia's failure to obtain FDA
clearance of Lunula, a laser technology used to treat or cure toe
fungus.

Primcogent also claims ORIX, its secured lender, is working in
concert with Erchonia.  A default in the Erchonia agreement
triggered a cross-default in the credit agreement, and the secured
lender has already seized control of Primcogent's cash account and
is attempting to control warehouse inventory.

Primcogent filed a bare-bones Chapter 11 petition (Bankr. N.D. Tex.
Case No. 13-42368) in Ft. Worth, Texas, on May 20, 2013.  The
petition was signed by David Boris, chairman of board of managers
of managing member.  The Debtor disclosed $82,490,751 in assets and
$27,236,020 in liabilities as of the Chapter 11 filing.  

Judge D. Michael Lynn presides over the case.  

Attorneys at Andrews Kurth, LLP, serve as counsel to the Debtor.

Robert W. Jones, Esq., and Brian Smith, Esq., at Patton Boggs, LLP,
represent ORIX.

Ira M. Schwartz, Esq., and Lawrence D. Hirsh, Esq., at Deconcini
McDonald Yetwin & Lacy, P.C., and J. Michael Sutherland, Esq., and
Lisa M. Lucas, Esq., at Carrington, Coleman, Sloman & Blumenthal,
LLP, represent Erchonia.

Looper Reed & McGraw P.C., is serving as counsel to the Official
Committee of Unsecured Creditors.


PRO RAILING METAL: Needs Approval of IRS Cash Collateral Deal
-------------------------------------------------------------
Pro Railing Metal Works, Inc., and the United States of America, on
behalf of its agency the Internal Revenue Service, seek approval
from the U.S. Bankruptcy Court for the Central District of
California on their stipulation for its use of cash collateral.

The IRS has filed a Proof of Claim on March 17, 2017, asserting a
secured claim of $241,334 for the Debtor's employment tax
liabilities for the periods ending Sept. 30, 2013 through June 30,
2015.

The Debtor needs access to cash collateral to operate and to pay
reasonable ongoing expenses during the Chapter 11 case.  Pursuant
to the Stipulation, the IRS has consented to the use of its cash
collateral consistent with these terms and conditions:

   (a) The Debtor is authorized to use cash collateral for ordinary
and necessary expenses until June 23, 2017.  Use of cash collateral
may be renewed upon subsequent stipulation with the United States.

   (b) The Debtor will make an adequate protection payment of
$3,500 to the United States on April 21, 2017, and on May 22,
2017.

   (c) Payment pursuant to the Stipulation will be credited against
the prepetition secured tax liabilities of the Debtor or to
postpetition interest thereon, at the IRS's discretion.

   (d) The IRS will receive a replacement lien secured with a first
priority lien on all postpetition accounts receivable and all other
property acquired by the Debtor up to the full extent of the value
of its prepetition liens.  This lien will be in addition to any
other liens of the IRS against the assets and property of the
Debtor as of the Petition Date.

   (e) The IRS will be entitled to a super-priority claim pursuant
to Section 507(b) for any diminution in the value of the collateral
over the life of the proceeding.

   (f) The Debtor must remain postpetition current on all filing
requirements and pay all postpetition taxes as they come due, this
includes timely making federal payroll tax deposits and estimated
income tax payments.

   (g) To the extent the Debtor fails to timely pay any
postpetition tax, the IRS will be granted relief from stay, upon
filing a declaration and lodging an order, to file a notice of
federal tax lien with the appropriate recording offices for the
delinquent postpetition period.

A full-text copy of the Joint Motion, dated March 30, 2017, is
available at https://is.gd/qNJV8z

Attorneys for the United States of America:

           Sandra R. Brown, Esq.
           Acting United States Attorney
           Thomas D. Coker, Esq.
           Assistant United States Attorney
           Chief, Tax Division
           Gavin L. Greene, Esq.
           Assistant United States Attorney
           Federal Building, Suite 7211
           300 North Los Angeles Street
           Los Angeles, California 90012
           Telephone: (213) 894-4600
           Facsimile: (213) 894-0115
           E-mail: Gavin.Greene@usdoj.gov

                  About Pro Railing Metal Works

Pro Railing Metal Works, Inc., sought protection under Chapter 11
of the Bankruptcy Code (Bankr. C.D. Cal. Case No. 16-14358) on Oct.
21, 2016.  The petition was signed by Jason Sarafin, president.  At
the time of the filing, the Debtor estimated its assets and
liabilities to be between $100,000 and $500,000.

Genesis Law Group is serving as counsel to the Debtor, with the
engagement led by Daniel King, Esq. and Kevin Tang, Esq.  Anthony
O. Egbase, Esq., Crystle J. Linsey, Esq., and Sedoo Manu, Esq. at
A.O.E. Law & Associates, APC, are serving as special counsel.


PROJECT ALPHA: Moody's Assigns B3 Corporate Family Rating
---------------------------------------------------------
Moody's Investors Service assigned ratings to Project Alpha
Intermediate Holding, Inc. (U.S.) (dba Qlik Technologies; "Qlik"),
including a B3 Corporate Family Rating ("CFR"), a B3-PD Probability
of Default Rating, and B3 instrument ratings on the
business-intelligence-software provider's new $995 million
first-lien term loan and $75 million first-lien revolving credit
facilities. Proceeds from the new term loan, along with $73 million
balance sheet cash, will be used to repay an existing, higher
priced $995 million term loan as well as to satisfy call premiums
and transaction fees associated with the term loan refinancing. The
term loan, as well as $1.8 billion of common equity contributed by
an investor consortium led by Thoma Bravo, had been used to support
the investors' take-private acquisition of Qlik in August 2016. The
rating outlook is stable.

RATINGS RATIONALE

Qlik's B3 CFR reflects very high, approximately 7.0-times
debt-to-EBITDA opening leverage (including Moody's standard
adjustments, and including the addback of deferred revenue; without
the deferred revenue addback, leverage is roughly 12.0 times),
modest expected free cash flow, and a stiffening competitive market
for the data visualization segment of the broader business
intelligence ("BI") software sector. Although Qlik, an early
developer of visual analytics software, has realized strong,
double-digit percentage revenue growth for years, the market is
maturing and competition in the segment is intensifying, with
perceived commoditization of the product and concomitant pricing
pressures. In order to sustain growth and set themselves apart in a
crowded market, competitors -- including the likes of well-known
software players IBM, Microsoft, salesforce.com, SAP, Tableau, and
TIBCO, and lesser-knowns such as Birst, Domo, and Sisense -- have
begun trying to take customers from one another, market themselves
more aggressively, and offer steeper discounts. Within that
environment, Qlik's new private equity owners, in order to right
size Qlik's relatively weak profit margins and to service a nearly
one billion dollar debt burden, have been cutting costs, largely in
non-quota-carrying middle management sales support, with what thus
far appear to be no negative impacts on revenues.

Competitors, both new and longstanding, have entered the
marketplace to capitalize on the explosive growth of data and on
the expanding need for robust self-service data discovery and
interpretation tools. Moody's expects that the general lack of such
tools will support a profound, long-term demand for intuitive,
easy-to-use, and competitively priced data visualization software
such as the company's Qlik Sense and QlikView offerings as long as
they remain competitive. Moody's expects the company to realize
annual average sales growth of better than 10% over the next two
years.

The company's position as one of three market leading providers of
data visualization software, rapid if slowing revenue growth rates,
good operating scale with 2017 revenues approaching $800 million,
and an installed base of approximately 43,000 customers -- all
provide support to the rating. Additionally, close to 40% of
revenues stem from recurring maintenance fees, while a majority of
license fees stem from add-on products to the existing customer
base -- the combination of which gives the company strong revenue
visibility to help support the debt burden. Nevertheless, Moody's
believes that Qlik's ability to thrive in a fiercely competitive
industry whose customers will continue to demand pricing
concessions, will be challenged not only by high leverage, but also
by having to support R&D and marketing programs necessary to
sustain crucial brand awareness and "mind share."

Moody's views Qlik's liquidity as good, by virtue of the $200
million of balance sheet cash held at the August 2016 acquisition's
close and that has served to pre-fund more than 100% of the
substantial restructuring efforts Thoma Bravo has undertaken,
nearly all of which were completed in 2016. Since the acquisition's
close, Qlik has been able to build on those cash holdings without
having drawn under the $75 million revolver. The company plans to
have approximately $155 million of cash upon completion of the
refinancing. The repriced term loan will save Qlik about $50
million in interest expense, enabling the company to generate, by
Moody's estimate, free cash flow of roughly $60 million over the
next twelve months. Moody's expects the company to have meaningful
cushion within the credit agreement's single financial covenant: a
6.0 times total net leverage maximum relevant to the revolver only.
The covenant is triggered if borrowings exceed 30% of the
commitment, and Moody's does not expect utilization to exceed this
amount over the next twelve to 15 months. A significant portion of
covenant EBITDA consists of adjustments for items such as cost
savings and deferred revenue, and any shortfall translating such
savings into realized EBITDA would weaken cash generation capacity
and the covenant cushion.

The stable rating outlook reflects Moody's expectations that the
robust historical rates of revenue growth will moderate, to the
low-double or high-single digits, and that cost cutting efforts
will provide a near-term boost to margins, helping to ease leverage
to a 7.0 times range by late 2017. Moody's expects
free-cash-flow-to-debt leverage will improve to the mid- and
high-single digit percentages in 2017 and 2018, respectively.

An upgrade is possible if Qlik continues to generate solid revenue
growth and delivers on its cost-savings strategies, leading to
margin expansion and a reduction in debt-to-EBITDA leverage to
below 6.5 times on a sustained basis.

The ratings could be downgraded if Qlik experiences substantial
declines in the rate of profitable revenue growth, product
competitiveness deteriorates, liquidity weakens, or if Moody's
expects free cash flow will decline.

Project Alpha Intermediate Holding, Inc. (dba Qlik) provides
data-visualization software within the broader business
intelligence and analytics industry, helping employees (alone, in
groups, or across organizations) to share, manipulate, and create
data through a user friendly and intuitive interface. Qlik sells
software solutions that are powered by its "in-memory" engine,
which associates data and calculates aggregations rapidly as users
interact with the software. As the result of a $3.0 billion August
2016 LBO, Qlik was taken private by sponsor Thoma Bravo, LLC.
Moody's expects Qlik to generate 2017 revenues of approximately
$785 million.

The principal methodology used in these ratings was Software
Industry published in December 2015.


PROJECT ALPHA: S&P Assigns 'B' CCR on Refinancing
-------------------------------------------------
S&P Global Ratings said it assigned a 'B' corporate credit rating
to Radnor, Pa.-based Project Alpha Intermediate Holding Inc.  The
outlook is stable.

S&P also assigned a 'B' issue-level rating and '3' recovery rating
to the company's $75 million secured revolver due 2022 and the $995
million secured term loan due in 2024.  The '3' recovery rating
indicates S&P's expectation of meaningful (50%-70%; rounded
estimate: 50%) recovery in the event of payment default.

"Our ratings reflect Qlik's high leverage, above 13x adjusted debt
to EBITDA for the 12 months ended Dec. 31, 2016; low EBITDA margins
(excluding credit for cost cuts and restructuring) and modest scale
relative to software peers; and its technological leadership among
providers of data analytics enterprise software, including IBM
Corp., Microsoft Corp., SAP SE, Tableau Software, and TIBCO
Software Inc.," said S&P Global Ratings credit analyst Kenneth
Fleming.

Key credit risks include the potential for disruption to the
business following recently implemented aggressive cost cutting,
the company's narrow business scale and scope (depending on only
two products that have overlapping functionality), revenue
concentration in Europe, and intense competition from substantially
larger companies such as Microsoft and SAP.  The company's high
maintenance renewal rates, which S&P expects will continue to
surpass 90% and result in recurring revenue growth, partially
offset these risks.  

The stable outlook reflects S&P's expectation that while leverage
is very high, Qlik will rapidly deleverage over the next 12 months
zo around 7x, primarily through EBITDA growth with prospects for
further delveraging subsequent to 2017.



RADIOLOGY SUPPORT: Can Continue Using Cash Collateral Until June 30
-------------------------------------------------------------------
Judge Ernest M. Robles of the U.S. Bankruptcy Court for the Central
District of California authorized Radiology Support Devices, Inc.,
to use cash collateral through and including June 30, 2017.

The Debtor is authorized to use cash collateral in accordance with
the budget that was attached to the Supplemental Declaration of
Matthew Alderson and Bette Hiramatsu in Support of Cash Collateral
Use Through June 30, 2017, except that:

   (a) The Debtor must make monthly payments to Wells Fargo in the
amount of $1,820.  The first such payment will be due on April 1,
2017.

   (b) Payments to Matthew Alderson must be reduced by 20% from
$2,885 per week to $2,308 per week.

The Debtor is directed to provide weekly financial report to Wells
Fargo Bank, N.A., and the U.S. Trustee.

Citibank, N.A., Wells Fargo Bank, Lorinsky, and the Internal
Revenue Service are granted replacement liens to the extent of any
post-petition diminution in value of their respective prepetition
collateral as a result of the Debtor's use of cash collateral
during the case.  The replacement liens will have the same
validity, extent, and priority as the prepetition interests held by
each respective secured creditor as of the Petition Date.

However, Wells Fargo Bank's request for a replacement lien on
pre-litigation claims is denied without prejudice.

The Debtor, however, is required to submit further evidence
supporting the continued use of cash collateral, by no later than
June 7, 2017, which should address the following issues:

   (a) The status of the Debtor's efforts to increase production
efficiency and reduce its order backlog, including whether the
Debtor has been able to employ a qualified production manager;

   (b) The extent to which production issues remain unresolved, the
actions undertaken by the Debtor to resolve those issues, and the
Debtor’s plans to address remaining production issues;

   (c) The status of the action captioned Radiology Support Devices
Inc. v. Daniel Krautim, pending in the Los Angeles Superior Court;

   (d) The Debtor's collections on accounts receivables during the
period between March 30, 2017 and June 7, 2017, including the
extent to which collections varied from the projections set forth
in the Budget.

The hearing on the Debtor's authorization to use cash collateral
subsequent to June 30, 2017, will take place on June 21, 2017 at
10:00 a.m.  Any response to the Debtor's further evidence in
support of the continued use of cash collateral will be due by no
later than June 14, 2017.

A full-text copy of the Order, dated March 30, 2017, is available
at https://is.gd/XQ0q3C

             About Radiology Support Devices

Radiology Support Devices, Inc., sought protection under Chapter 11
of the Bankruptcy Code (Bankr. C.D. Cal. Case No. 17-12054) on Feb.
21, 2017.  The petition was signed by Matthew Alderson, president.
At the time of filing, the Debtor estimated $100,000 to $500,000 in
assets and $500,000 to $1 million in liabilities.

Weintraub & Selth, APC, is serving as bankruptcy counsel to the
Debtor, with the engagement led by Daniel Weintraub, Esq., James R.
Selth, Esq. and Elaine V. Nguyen, Esq.
Bette Hiramatsu of Hiramatsu and Associates, Inc., is the Debtor's
financial consultant.


RALEY'S: Moody's Raises CFR to B1 on Good Franchise Position
------------------------------------------------------------
Moody's Investors Service upgraded Raley's Corporate Family Rating
to B1 from B2 and the Probability of Default Rating to B1-PD from
B2-PD. Moody's also upgraded the company's senior secured term loan
to Ba3. The outlook remains stable.

"Raley's has outperformed expectations and has demonstrated
resilience in its same store sales growth in the face of a
challenging business environment while simultaneously reducing its
funded debt," Moody's Vice President Mickey Chadha stated.
"Although still high, Moody's expects financial leverage to improve
to about 5.0 times in the next 12 months," Chadha further stated.

RATINGS RATIONALE

Raley's B1 Corporate Family Rating reflects the company's good
franchise position as evidenced by consistent same store sales
growth in a market highly penetrated by competitors. The rating
also reflects Moody's beliefs that the company's growth initiatives
including loyalty programs, increased offering of produce and
prepared foods and planned growth of specialty wine and craft beer
will continue to improve operating results. Ratings are also
supported by Raley's good liquidity. Financial policies are well
balanced and Moody's expects no major cash distributions in the
next 12-18 months. Reflected in the ratings is Raley's high
financial leverage with debt/EBITDA (as adjusted by Moody's)
expected to be about 5.0 times in the next 12-18 months. Other
rating factors include the company's small scale.

Upgrades:

Issuer: Raley's

-- Corporate Family Rating, Upgraded to B1 from B2

-- Probability of Default Rating, Upgraded to B1-PD from B2-PD

-- Senior Secured Bank Credit Facility, Upgraded to Ba3(LGD3)
    from B3(LGD4)

Outlook Actions:

Issuer: Raley's

-- Outlook, Remains Stable

The rating outlook is stable and incorporates Moody's expectations
that financial policy will remain benign, same store sales growth
will remain positive, liquidity will not deteriorate and margins
will not meaningfully deteriorate resulting in improved profits and
credit metrics in the next 12-18 months.

Ratings could be upgraded if debt/EBITDA is sustained below 4.25
times, EBIT/interest is sustained above 2.5 times, financial
policies remain benign and liquidity remains good.

Ratings could be downgraded if the company's cash flow and
liquidity declines, same store sales growth and operating margins
deteriorate or financial policies become aggressive. Quantitatively
ratings could be downgraded if debt to EBITDA is sustained above
5.75 times or EBIT to interest is sustained below 1.25 times.

The principal methodology used in these ratings was Retail Industry
published in October 2015.

Raley's is a supermarket chain headquartered in West Sacramento,
California and operates 120 stores under the Raley's, Bel Air
Markets, Nob Hill Foods and Food Source banners in Northern
California and Nevada and has about $3.1 billion in revenues.


RESTORE HEALTH: Holdings' Unsecured Creditors to Get 10%-12%
------------------------------------------------------------
Restore Holdings, LLC, filed with the U.S. Bankruptcy Court for the
Western District of Wisconsin a disclosure statement for the
Debtor's plan of liquidation as of March 27, 2017.

On the Effective Date, the Debtor will distribute the $680,000
Holdings D&O Settlement Payment, minus the amounts necessary to pay
in reserve for Administrative Claims, pro rata to the holders of
allowed Class 2 General Unsecured Claims.  The Debtor believes that
the aggregate amount of Class 2 Claims ultimately allowed by the
Court will be approximately $5,777,849.63.  The dividend the Debtor
anticipates holders of Allowed Class 2 Claims will receive is
somewhere between 10% and 12% of the allowed amount of their
claims, depending on factors as the amounts of Administrative
Claims that are ultimately allowed.

General unsecured creditors of the Debtor's affiliate, Restore
Health Pharmacy, LLC, will receive a lesser dividend -- somewhere
between 2% and 2.5% -- if the plan proposed in that case is
confirmed.

General unsecured creditors of the Debtor's affiliates, TCS Labs,
LLC, and Belvidere Labs, LLC, are not going to receive any
distribution in their cases, in each of which there are no assets
available for unsecured creditors, and in each of which cases the
U.S. Trustee has filed a motion to dismiss or convert.  

These disparities in result reflect two underlying economic
factors: (1) the substantial majority in dollar amount of the
transfers BMO Harris Bank, N.A., has challenged relate to transfers
made by Restore Holdings, LLC; and none of the challenged transfers
were made by TCS Labs, LLC and Belvidere Labs, LLC; and (2) The
Restore Health Pharmacy, LLC, estate has substantially more claims
entitled to priority (in particular, priority wage claims) than the
estate of Restore Holdings, LLC, does.

To provide funding for the Plan, the Debtor anticipates using its
cash on hand plus the payment of $680,000 by Westchester Fire
Insurance Company nka Chubb Group to be made pursuant to the Plan.


The Disclosure Statement is available at:

           http://bankrupt.com/misc/wiwb15-14095-332.pdf

                 About Restore Health Pharmacy

Restore Health Pharmacy, LLC, was organized in 2011 to acquire the
assets of Madison Pharmacy Associates, a compounding pharmacy
founded in 1982.  The Debtor is a wholly-owned subsidiary of
Restore Holdings, LLC.

Although the majority of the prescriptions it had historically
filled were for women's bioidentical hormone replacement drugs, the
Debtor is a full-service compounding pharmacy.  Together with its
affiliates, it had on hand approximately 10,000 unique compounded
formulation recipes used in the treatment of a broad range of
medical conditions.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W. D. Wis. Case No. 15-14095) on Nov. 16, 2015.  The
petition was signed by Matthew J. Wanderer, managing member.  The
case is jointly administered with Restore Holdings' Chapter 11
case.  

Leonard G. Leverson, Esq., at Leverson Lucey & Metz S.C. serves as
the Debtor's bankruptcy counsel.

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


RESTORE HEALTH: Unsecureds to Get 2%-2.5% Under Amended Plan
------------------------------------------------------------
Restore Health Pharmacy, LLC, filed with the U.S. Bankruptcy Court
for the Western District of Wisconsin a disclosure statement for
the Debtor's plan of liquidation as of March 27, 2017.

Class 2 General Unsecured Claims are impaired by the Plan.  Class 2
Claims consist of all General Unsecured Claims against the Debtor,
including the unsecured portion of the Claim of BMO Harris Bank,
N.A.  The Debtor estimates that Class 2 Claims will be allowed in
the aggregate amount of $6,320,000.  Of that amount, $5,766,299.50
represents the unsecured deficiency Claim of BMO (its total claim,
minus the $25,000 portion the Plan treats as a Class 1 Allowed
Secured Claim).

Promptly after the Effective Date, the Debtor will distribute, pro
rata, the remainder of a settlement payment made by the Insurer to
the holders of Allowed Class 2 Claims, after first paying
administrative and priority wage claims and making reserve for a
pro rata payment on account of any claims that remain subject to
dispute.  If there are any disputed claims, the Debtor will make a
second distribution to the holders of Allowed Class 2 Claims once
all disputes are resolved.

The dividend the Debtor anticipates holders of Allowed Class 2
Claims will receive is somewhere between 2% and 2.5% of the allowed
amount of their claims, depending on the amounts of Administrative
and Priority Claims that are ultimately allowed.

General unsecured creditors of the Debtor's affiliate, Restore
Holdings, LLC, will receive a higher dividend -- somewhere between
10% and 12% -- if the plan proposed in that case is confirmed.

General unsecured creditors of the Debtor's affiliates TCS Labs,
LLC, and Belvidere Labs, LLC, are not going to receive any
distribution in their cases, in each of which there are no assets
available for unsecured creditors, and in each of which cases the
United States Trustee has filed a motion to dismiss or convert.

These disparities in result reflect two underlying economic
factors: (1) the substantial majority in dollar amount of the
transfers BMO, has challenged relate to transfers made by Restore
Holdings, LLC; and none of the challenged transfers were made by
TCS Labs, LLC, and Belvidere Labs, LLC; and (2) the Restore Health
Pharmacy, LLC estate has substantially more Claims entitled to
Priority (in particular, Priority Wage Claims) than the estate of
Restore Holdings, LLC, does.

The holders of Allowed Administrative and Priority Claims must be
paid in full before the holders of General Unsecured Claims are
entitled to receive any distribution.

The Disclosure Statement is available at:

        http://bankrupt.com/misc/wiwb15-14095-330.pdf

The Troubled Company Reporter previously reported that the Debtor's
Plan dated January 26, 2017, provides that Class 2 general
unsecured claims against Restore Health Pharmacy are impaired.  The
company estimates that the claims will be allowed in the aggregate
amount of $6.32 million.

                 About Restore Health Pharmacy

Restore Health Pharmacy, LLC, was organized in 2011 to acquire the
assets of Madison Pharmacy Associates, a compounding pharmacy
founded in 1982.  The Debtor is a wholly-owned subsidiary of
Restore Holdings, LLC.

Although the majority of the prescriptions it had historically
filled were for women's bioidentical hormone replacement drugs, the
Debtor is a full-service compounding pharmacy.  Together with its
affiliates, it had on hand approximately 10,000 unique compounded
formulation recipes used in the treatment of a broad range of
medical conditions.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W. D. Wis. Case No. 15-14095) on Nov. 16, 2015.  The
petition was signed by Matthew J. Wanderer, managing member.  The
case is jointly administered with Restore Holdings' Chapter 11
case.  

Leonard G. Leverson, Esq., at Leverson Lucey & Metz S.C. serves as
the Debtor's bankruptcy counsel.

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


RFI MANAGEMENT: Seeks Authorization on Cash Collateral Use
----------------------------------------------------------
RFI Management, Inc., asks the U.S. Bankruptcy Court for the Middle
District of North Carolina for authorization to use its cash
collateral.

Currently, the Debtor anticipates to continue its operations by way
of this proposed reorganization.  The Debtor believes that it will
be required to incur certain operating expenses in order to
maintain existing operations and retain maximum value of its
business.  The Debtor tells the Court that its only significant
source of income is through continued business operations and the
resulting accounts receivable generated by them.

As such, the Debtor seeks authority to use cash collateral through
and including the effective date of a confirmed plan of
reorganization or liquidation, a sale of substantially all assets
of the estate, or the appointment of a trustee or examiner or
conversion of the case to Chapter 7, whichever may first occur.

The Debtor does not believe that any creditor has a lien on its
cash collateral. However, in the event that a creditor does have a
lien on cash collateral, the Debtor asserts that the value of any
such lien is de minimus, and as such, the Debtor proposes that any
creditor asserting a lien on cash collateral will be granted with a
replacement lien to the same extent, validity and priority as
existed prior to the Petition Date.

The Debtor relates that it has entered into a Future Receivables
Sale Agreement with Swift Financial Corporation.  Under the terms
of the Agreement, the Debtor has sold to Swift Financial $176,850
for 14% of Future Receivables and has granted Swift Financial with
a security interest in its Future Receivables.

The Debtor's total outstanding receivables are $121,118, as of the
Petition Date. The Debtor asserts that, to the extent Swift
Financial has a valid security interest, it will not extend to any
accounts receivables incurred by the Debtor postpetition.  The
Debtor further asserts that even if Swift Financial will be
determined to have a security interest in incurred but unreceived
accounts receivable, that security interest only extends to 14% of
those accounts or $16,956.

Accordingly, the Debtor proposes to pay 14% of all prepetition
accounts receivable into a separate Debtor-in-Possession account
until a total amount of $16,956 has been paid into the Cash
Collateral Account.

A full-text copy of the Debtor's Motion, dated March 30, 2017, is
available at https://is.gd/a8njIX

RFI Management, Inc., is represented by:

          James C. White, Esq.
          Michelle M. Walker, Esq.
          PARRY TYNDALL WHITE
          100 Europa Drive, Ste 401
          Chapel Hill, NC 27517
          Phone: (919)246-4676
          Fax: (919) 246-9113
          E-mail: jwhite@ptwfirm.com

                    About RFI Management

RFI Management, Inc., works as a subcontractor installing a full
range of flooring products and wall materials, principally in Hotel
Properties across the United States and in Puerto Rico.

RFI Management filed a Chapter 11 bankruptcy petition (Bankr.
M.D.N.C. Case No. 17-80247) on March 29, 2017.  

James C. White, Esq. and Michelle M. Walker, Esq. at Parry Tyndall
White, are serving as counsel to the Debtor.


ROADRUNNER TRANSPORTATION: Credit Facility Amendment Extended
-------------------------------------------------------------
Roadrunner Transportation Systems, Inc., an asset-right
transportation and asset-light logistics service provider, on April
3, 2017, disclosed that it has signed an extension to its interim
credit facility amendment, as it continues to make progress with
its lender group on a previously-announced long-term loan
amendment.

The agreement temporarily extends the working capital loans and
forbearance provisions of the interim amendment announced on March
6, providing the company with the liquidity and financial
flexibility to continue operating as usual while completing the
long-term loan amendment.

"[Mon]day's announcement marks another step towards our long-term
credit solution," said
Curt Stoelting, President and Chief Operating Officer of
Roadrunner.  "Extending the interim agreement helps us to remain
focused on serving our customers and clients while we conclude
successful negotiations with our lender group."

The company said that it has delayed filing its restated financial
statements and its 2016 Form 10-K with the Securities and Exchange
Commission until after completion of the long-term loan amendment.

Roadrunner also announced that Peter R. Armbruster, Chief Financial
Officer since 2005, is leaving the company.  The company expects to
make an announcement in the near future regarding a successor.

          About Roadrunner Transportation Systems, Inc.

Roadrunner -- http://www.rrts.com-- is an asset-right
transportation and asset-light logistics service provider offering
a full suite of solutions under the Roadrunner Freight, Roadrunner
Express, Roadrunner Temperature Controlled, Roadrunner Truckload
Plus, Roadrunner Intermodal Services and Ascent Global Logistics(R)
brands.  The Roadrunner brand offers solutions including
less-than-truckload, air and ground domestic and cross-border
expedite, dry van and temperature controlled truckload logistics
and intermodal services.  The Ascent Global Logistics brand offers
domestic freight management, retail consolidation, international
freight forwarding and customs brokerage.


ROCKY MOUNTAIN: S&P Raises Rating on 2013A/B School Bonds to 'BB-'
------------------------------------------------------------------
S&P Global Ratings raised its rating to 'BB-' from 'B+' on the
Colorado Educational & Cultural Facilities Authority's (CECFA)
series 2013A and series 2013B charter school revenue bonds, issued
for Rocky Mountain Classical Academy (RMCA).  The outlook is
positive.

"The upgrade reflects our view of RMCA's improved operating
flexibility, resulting in a good lease-adjusted maximum annual debt
service (MADS) coverage of 1.45x and significant growth in
unrestricted reserves to a healthy 122 days' cash on hand in fiscal
2016.  The positive outlook reflects our view that these financial
metrics, if sustained as a trend, would be more in line with a
higher rating coupled with our expectation that similar levels of
coverage and liquidity will continue," said S&P Global Ratings
credit analyst Kaiti Wang.

Management used proceeds of the 2013 bonds to fund the acquisition
of land; construction of an 89,800-square-foot, 47-classroom
facility, and the repayment of a loan from Tatonka Capital Corp.
initially used to finance portables for the elementary school
campus.  The new site (including the modular building, which will
remain), currently houses students in kindergarten through eighth
grade (K-8).  S&P understands that the project is complete and RMCA
has successfully transitioned into its new facility.

The academy is in central El Paso County's Falcon School District
49, which encompasses northeast Colorado Springs and surrounding
unincorporated areas.  Falcon School District 49 incorporated RMCA
on Nov. 28, 2005.  Having opened with approximately 348 students in
K-8, the school now has 1,646 students and operates two sites: a
K-8 elementary and middle school, and a K-12 home school, using the
classical approach to education.


ROZEL JEWELER'S: Unsecureds to be Paid 10.65% Under Latest Plan
---------------------------------------------------------------
General unsecured creditors of Rozel Jeweler's Inc. will get 10.65%
of their claims under the company's latest plan to exit Chapter 11
protection.

An earlier version of the company's plan of reorganization proposed
to pay 17% of general unsecured claims.  

Under the latest plan, Class 2 general unsecured creditors will
receive a total distribution of $17,188.33 or approximately 10.65%
of their claims over the life of the plan, according to Rozel's
amended disclosure statement filed on March 23 with the U.S.
Bankruptcy Court for the Western District of Pennsylvania.

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

                   https://is.gd/pBNIY4

                      About Rozel Jeweler's

Headquartered in Conneaut Lake, Pennsylvania, Rozel Jeweler's,
Inc., sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. W.D. Pa. Case No. 16-10291) on March 31, 2016.  The Debtor
is represented by Daniel P. Foster, Esq., at Foster Law Offices.

On Jan. 25, 2017, the Debtor filed its Chapter 11 plan of
reorganization and disclosure statement.

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


SABBATICAL INC: Approval of T. Fluharty as Chap. 11 Trustee Sought
------------------------------------------------------------------
The United States Trustee, Judy A. Robbins, asks the U.S.
Bankruptcy Court for the Southern District of West Virginia to
enter an order approving the appointment of Thomas Fluharty as the
Chapter 11 Trustee for Sabbatical Inc.

The U.S. Trustee assures the Court that Mr. Fluharty does not have
any connections with the debtors, creditors, any party in interest,
their respective attorneys and accountants, the United States
Trustee or any persons employed in the Office of the United states
Trustee.

              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.

Sabbatical, Inc.'s Chapter 11 case is jointly administered with the
other Dennis Johnson cases, with the lead case captioned at
3:16-bk-30227.

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.


SABINE OIL: Nordheim & HPIP Lose Appeal to Stop Pact Rejection
--------------------------------------------------------------
Alex Wolf, writing for Bankruptcy Law360, reports that U.S.
District Judge Jed Rakoff has affirmed a bankruptcy court decision
that allowed Sabine Oil & Gas Corp. to reject gas-gathering,
executory contracts it penned with midstream service companies
Nordheim Eagle Ford Gathering LLC and HPIP Gonzales Holdings LLC.
Law360 relates that Judge Rakoff found that the accords did not
grant the companies an interest in the Debtor's land.

               About Sabine Oil & Gas Corporation

Sabine Oil & Gas Corp. is an independent energy company engaged in
the acquisition, production, exploration, and development of
onshore oil and natural gas properties in the U.S.  The Company's
current operations are principally located in the Cotton Valley
Sand and Haynesville Shale in East Texas, the Eagle Ford Shale in
South Texas, the Granite Wash in the Texas Panhandle, and the
North Louisiana Haynesville.  The Company operates, or has joint
working interests in, approximately 2,100 oil and gas production
sites (approximately 1,800 operating and approximately 315
non-operating) and has approximately 165 full-time employees.

Sabine Oil and its affiliated entities sought Chapter 11
Protection (Bankr. S.D.N.Y. Lead Case No. 15-11835) in Manhattan on
July 15, 2015.

The Debtors have engaged Kirkland & Ellis LLP and Kirkland & Ellis
International LLP, as counsel; Lazard Freres & Co. LLC, as
investment banker and Prime Clerk LLC as notice, claims and
balloting agent.  The Debtors also tapped Zolfo Cooper Management,
LLC, to provide Jonathan A. Mitchell as CRO and other additional
personnel.

The U.S. Trustee for Region 2 appointed five creditors to serve on
the official committee of unsecured creditors.  The Committee is
represented by Mark R. Somerstein, Esq., Keith H. Wofford, Esq.,
and D. Ross Martin, Esq., at Ropes & Gray LLP as their counsel.
The Committee has also engaged Blackstone Advisory Partners L.P.
as investment banker; and Berkeley Research Group, LLC as financial
advisor.

Judge Shelley C. Chapman of the United States Bankruptcy Court for
the Southern District of New York on August 2016 confirmed the
Second Amended Joint Chapter 11 Plan of Reorganization of Sabine
Oil & Gas Corporation and its debtor affiliates, and approved the
settlement contained in the Plan.


SANDHILL ENTERPRISES: Seeks Interim Approval to Use Cash Collateral
-------------------------------------------------------------------
Sandhill Enterprises of Lakeland, LLC, asks the U.S. Bankruptcy
Court for the Middle District of Florida for interim authorization
to use cash collateral.

The Debtor contends that it is essential to the continued operation
of its business to have the ability to utilize its cash collateral.
Without the use of such monies collected for the payment of ongoing
operating expenses the Debtor will be required to discontinue its
business activities. The Debtor proposes to use up to the aggregate
amount of $2,737 as reflected on its proposed Budget.

The Debtor acknowledges its prepetition indebtedness to Wauchula
State Bank in the approximate amount of $415,000, and to secure
payment thereof, the Debtor had granted Wauchula State Bank a
security interest in its cash collateral.

Accordingly. the Debtor proposes to make adequate protection
payment to Wauchula State Bank in the amount of $1,993.  Each
adequate protection payment is based upon the estimated amount of
Wauchula State Bank's secured claim amortized over 30 years with
interest at 4.05%.

A full-text copy of the Debtor's Motion, dated March 30, 2017, is
available at https://is.gd/bQDEDz

Resident Agent for Wauchula State Bank:

          J.W. Crews, Jr.
          821 Griffin Road
          Wauchula, FL 33873

                  About Sandhill Enterprises

Sandhill Enterprises of Lakeland, LLC, filed a Chapter 11 petition
(Bankr. M.D. Fla. Case No. 17-02392) on March 24, 2017.  The
petition was signed by Reginald Pope, Manager.  At the time of
filing, the Debtor estimated assets and liabilities between
$100,000 and $500,000.  Pierce J. Guard, Jr., at The Guard Law
Group, PLLC, is serving as counsel.  An Official Committee of
Unsecured Creditors has not been appointed in the case.


SANTA CRUZ PLUMBING: Asks Court Approval on Cash Collateral Use
---------------------------------------------------------------
Santa Cruz Plumbing, Inc., asks the U.S. Bankruptcy Court for the
Northern District of California for authority to use of cash
collateral.

At the time of the filing of the petition, the Debtor had about
$20,000 in cash and $596,000 in collectible accounts receivables
which were subject to 16 liens exceeding, in the aggregate, $1.76
million.

The Debtor seeks authority to use such cash collateral for the
purpose of continuing to secure and perform on larger contracts
until its case is confirmed, converted, dismissed.

The Debtor relates that some of its customers pay by check at the
time services are rendered.  Others pay by Paypal.  The larger
customers, however, pay on terms.  Still other work, where the
Debtor is a sub-contractor for a general contractor is subject to a
retention -- the general contractor, wishing to protect against
mechanic's liens, does not release funds until 30-90 days after the
job is completed.

As such, in order to secure ongoing work from the larger customers
and general contractors and therefore maximize revenue, the Debtor
says it must use existing cash collateral to fund projects pending
receipt of the receivables.

The Debtor proposes to offer its secured creditors a replacement
lien for the use of cash collateral on postpetition receivables
with the same priority in the replacement lien as they had
prepetition.  The Debtor is also offering to pay those creditors
having a secured lien an adequate protection payment of $14,000 per
month distributed pro-rata as to the amount of each creditor's
secured position.

The Debtor believes that these creditors have a secured lien and
the Debtor proposes to pay them adequate protection payment
commencing on April 15, 2017 as follows:

        Lien                 Lien        Adequate Protection
      Claimant              Amount            Payment
      --------              --------     -------------------
      FC Partners, LP        $98,167          $1,195
      EDD                    $55,549            $676
      EDD                    $40,412            $492
      ACH Capital            $29,732          $3,612
      Ferguson               $66,315            $807
      EDD                    $48,631            $592
      EDD                    $12,081            $147
      Pace Supply            $14,223            $173
      IRS                   $785,214          $9,556

The Internal Revenue Service has agreed to the treatment of its
claim as partially secured and its counsel has represented that it
has signed off on the draft stipulation forwarded to it on or about
March 23, 2017.

A full-text copy of the Debtor's Motion, dated March 30, 2017, is
available at https://is.gd/wtsHIC

                   About Santa Cruz Plumbing

Santa Cruz Plumbing, Inc., filed a Chapter 11 petition (Bankr. N.D.
Cal. Case No. 17-50324) on Feb. 10, 2017.  The petition was signed
by Jason Stewart Allison, president. The Debtor disclosed total
assets of $772,930 and total liabilities of $3.72 million at the
time of the filing.  The Hon. Stephen L. Johnson is the case judge.
Lars T. Fuller, Esq., at The Fuller Law Firm, PC, is serving as
counsel to the Debtor.


SECURITY GLOBAL: Unsecureds to Get 25% Over 48 Months Under Plan
----------------------------------------------------------------
Security Global Solutions, Inc., filed with the U.S. Bankruptcy
Court for the District of Puerto Rico a small business disclosure
statement dated March 29, 2017, referring to the Debtor's plan of
reorganization dated March 29, 2017.

General unsecured creditors are classified in Class 1, and will
receive a distribution of 25% of their allowed claims.  This class
is impaired.  Holders will receive 48 monthly payments of $279.97
each until year 2021.  Total payout amount is$13,439.

Payments and distributions under the Plan will be funded by the
continued operation of the business of the Debtor.

The Disclosure Statement is available at:

            http://bankrupt.com/misc/prb16-06970-51.pdf

                     About Security Global

Security Global Solutions, Inc., sought the Chapter 11 protection
(Bankr. D.P.R. Case No. 16-06970) on Aug. 31, 2016, disclosing
under $1 million in both assets and liabilities.  The Debtor is
represented by Nilda M. Gonzalez Cordero, Esq., at Gonzalez Cordero
Law Offices, as bankruptcy counsel. The petition was signed by
Sharon Marie Rodriguez Crespo, president.

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


SETE BRASIL: Petrobas Ordered to Face EIG Funds' Fraud Claims in US
-------------------------------------------------------------------
EIG Global Energy Partners ("EIG") on April 3, 2017, disclosed that
the U.S. District Court for the District of Columbia ruled in its
favor in an action brought by its EIG Energy Funds XIV and XV (the
"Funds"), against Petroleo Brasileiro S.A. ("Petrobras"), the
Brazilian state-owned oil company, stemming from the so-called
"Lava Jato" or "Operation Car Wash" bribery, kick-back and
corruption scandal.  The Court's ruling means that the Funds'
claims that Petrobras defrauded the Funds and wrongfully caused the
Funds and their investors to lose over US$221 million in
investments will now be heard in the U.S. Federal Courts, not in
Brazil.  As a result of this favorable ruling, the Funds can now
proceed with their claims against Petrobras for damages, which
includes seeking the full recovery of the Funds' initial
investment, punitive damages, and other relief.

Commencing in 2011, the Funds invested over $221 million in an off
balance sheet company formed by Petrobras, called Sete Brasil
Participações ("Sete"), to develop a fleet of 28 oil drilling
ships at a total cost of over $20 billion.  Sete would lease back
the drill ships to Petrobras, which would use them to drill for oil
in the Pre-Salt Reserves off the coast of Brazil.  When Brazilian
prosecutors in the course of the "Car Wash" investigation
discovered that Petrobras and Sete executives had procured millions
of dollars of bribes from the drill ship builders for the benefit
of Petrobras and Sete executives and the Workers Party of Brazil,
bank financing critical for Sete's ship-building program and other
operations was promptly cut off, resulting in the bankruptcy of
Sete and the total loss of the Fund's investment.

In commenting on the Court's ruling, EIG's Chief Executive Officer,
R. Blair Thomas, said "We are gratified that the Court has
validated our long-standing view that the US judicial system is the
proper venue to adjudicate injuries suffered by our investors,
particularly given the egregious facts of this case.  We believe
the Court was correct in recognizing that the 'United States has a
strong interest in providing a forum for its citizens' grievances
against an allegedly predatory foreign business that actively
solicited business and caused harm within the home forum.'  We are
hopeful that with Petrobras now in the hands of new, professional
management, it will take this opportunity to fully and properly
reimburse investors such as the Funds for their losses, and refocus
its efforts on the successful development of the Pre-Salt Reserves.
EIG has been investing in Brazil since 1999 and we have been one
of the largest financial investors in the Brazilian energy sector
in recent years. EIG remains committed to Brazil and continuing to
contribute to Brazil's long-term success."

The Funds are represented in the case by Daniel Goldman and Kerri
Ann Law of Kramer, Levin, Naftalis & Frankel, LLP of New York, New
York.

                           About EIG

EIG Global Energy Partners -- http://www.eigpartners.com/--
specializes in private investments in energy and energy-related
infrastructure on a global basis and has $14.4 billion under
management as of December 31, 2016.  Since 1982, EIG has been one
of the leading providers of institutional capital to the global
energy industry, providing financing solutions across the balance
sheet for companies and projects in the oil and gas, midstream,
infrastructure, power and renewables sectors globally.  EIG has
invested more than $23 billion in more than 310 portfolio
investments in 36 countries.  EIG is headquartered in Washington,
D.C., with offices in Houston, London, Sydney, Rio de Janeiro, Hong
Kong and Seoul.

                        About Sete Brasil

Based in Rio de Janeiro, Brazil, Sete Brasil Participacoes SA --
http://www.setebr.com/-- was created in 2008 to manage the world's
biggest deepwater drilling fleet for state-controlled oil producer
Petroleo Brasileiro SA.

Petrobras initially had twenty-eight 15-year charter agreements
signed with Sete Brasil.  But the $90 billion project began to fall
apart in 2014 when the parties became engulfed in a corruption
scandal, leading the Brazilian government -- the main sponsor of
the project -- to delay promised financing and the signature of the
long-term rig supplying contract.

Amid BRL18 billion ($5.7 billion) in looming debt payments and
after efforts to secure the long-term contract with Petrobas
failed, Sete Brasil filed for bankruptcy protection in Brazil in
April 2016.


SMILE ARTIST: Disclosures OK'd; Plan Confirmation Hearing on May 3
------------------------------------------------------------------
The Hon. Marvin Isgur of the U.S. Bankruptcy Court for the Southern
District of Texas has approved Smile Artist Dentistry PLLC's
disclosure statement filed on Jan. 19, 2017, referring to the
Debtor's Chapter 11 plan filed on Jan. 17, 2017.

A hearing will be held on May 3, 2017, at 2:00 p.m. to consider the
confirmation of the Plan.

Objections to the plan confirmation must be filed by April 28,
2017.

April 28, 2017, is the last day for filing written acceptances or
rejections of the Plan.

As reported by the Troubled Company Reporter on Jan. 27, 2017, the
Debtor filed the Plan which proposes that holders of unsecured
non-priority claims be paid 15% of their allowed claims on a
quarterly basis over three years.  Payments will start 60 days
after the Plan takes effect.

                       About Smile Artist

Smile Artist Dentistry PLLC, based in Houston, Texas, filed a
Chapter 11 petition (Bankr. S.D. Tex. Case No. 16-33555) on July
18, 2016.  The Hon. Marvin Isgur presides over the case. Richard L
Fuqua, II, Esq., at Fuqua & Associates, PC, as bankruptcy 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 Rodrigo Cabrera, president.


SOCO REAL ESTATE: Voluntary Chapter 11 Case Summary
---------------------------------------------------
Debtor: SOCO Real Estate, LLC
        c/o Gerald O. McMillan
        808 Avondale
        Austin, TX 78704
        Tel: 512-693-9007

About the Debtor: The Debtor is a small business debtor as defined
                  in 11 U.S.C. Section 101(51D).

Case No.: 17-10393

Chapter 11 Petition Date: April 4, 2017

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

Debtor's Counsel: Stephanie D. Curtis, Esq.
                  Gerald O. McMillan, Esq.
                  CURTIS CASTILLO PC
                  901 Main St., Ste. 6515
                  Dallas, TX 75202
                  Tel: (214) 752-2222 x 11
                  Fax: 214-752-0709
                  E-mail: scurtis@curtislaw.net
                          gommcmillan@gmail.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Gerald McMillan, managing member.

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/txwb17-10393.pdf


SONSVEST LLC: Case Summary & 8 Unsecured Creditors
--------------------------------------------------
Debtor: Sonsvest, LLC
        PO Box 23551
        Columbia, SC 29223

Case No.: 17-01698

About the Company: The Debtor is a single asset real estate (as
                   defined in 11 U.S.C. Section 101(51B)).  It
                   owns a commercial/warehousing and office space
                   (8 units) located at 1971, 1973, 1975, and
                   1977 Legrand Road, Columbia, SC.  The property
                   is valued at $1.85 million.

Chapter 11 Petition Date: April 4, 2017

Court: United States Bankruptcy Court
       District of South Carolina (Columbia)

Judge: Hon. David R. Duncan

Debtor's Counsel: William Harrison Penn, Esq.
                  MCCARTHY, REYNOLDS & PENN, LLC
                  1517 Laurel Street (29201)
                  PO Box 11332
                  Columbia, SC 29211-1332
                  Tel: 803-771-8836
                  Fax: 803-753-6960
                  E-mail: hpenn@mccarthy-lawfirm.com

Total Assets: $1.85 million

Total Liabilities: $1.42 million

The petition was signed by Fred J. McCutcheon, Sr., owner.

A copy of the Debtor's list of eight unsecured creditors is
available for free at http://bankrupt.com/misc/scb-17-01698.pdf


SPENDSMART NETWORKS: Needs More Time to File Form 10-K
------------------------------------------------------
SpendSmart Networks, Inc., said in a Form 12b-25 filed with the
Securities and Exchange Commission that it requires additional time
to complete the financial statements for the year ended Dec. 31,
2016, and cannot, without unreasonable effort and expense, file its
Form 10-K on or before the prescribed filing date.

                   About SpendSmart Networks

SpendSmart Networks provides proprietary loyalty systems and a
suite of digital engagement and marketing services that help local
merchants build relationships with consumers and drive revenue.
These services are implemented and supported by a vast network of
certified digital marketing specialists, aka "Certified
Masterminds," who drive revenue and consumer relationships for
merchants via loyalty programs, mobile marketing and website
development.  Consumers' dollars go further when they spend it with
merchants in the SpendSmart network of merchants, as they receive
exclusive deals, earn rewards and ultimately build a connection
with their favorite merchants.

Spendsmart Networks reported a net loss of $11.9 million on $5.58
million of total revenues for the year ended Dec. 31, 2015,
compared to a net loss of $12.2 million on $4.03 million of total
revenues for the year ended Dec. 31, 2014.

As of Sept. 30, 2016, Spendsmart Networks had $3.27 million in
total assets, $6.48 million in total liabilities and a total
stockholders' deficit of $3.21 million.

EisnerAmper LLP, in Iselin, New Jersey, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company has recurring losses
and has yet to establish a profitable operation and at Dec. 31,
2015, has negative working capital and stockholders' deficit.
These factors among others raise substantial doubt about its
ability to continue as a going concern.


STEVE'S FROZEN: Wants to Use Cash Collateral for Next 3 Quarters
----------------------------------------------------------------
Steve's Frozen Chillers, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Southern District of Florida to use cash
collateral.

The Debtor has an immediate need to use cash collateral, in order
to permit the orderly continuation of the operation of its
business, to pay employees, to maintain business relationships with
vendors and suppliers and to satisfy other working capital needs.

The projected budget for the next three quarters shows total
expenses of approximately $219,994 for the 2nd Quarter, $214,506
for the 3rd Quarter, and $205,549 for the 4th Quarter.

The Debtor proposes to these forms of adequate protection:

     (a) Lease.  The Debtor is current with its landlord, and
requests permission to continue to pay approximately $10,000 on a
monthly basis for office and warehouse space.

     (b) Ascentium/ProdoPak Equipment Vendor.  The Debtor is
current with this vendor for a secured lease/purchase arrangement
on specialty packaging equipment necessary to produce the Debtor's
product line. The monthly cost of this item is approximately
$3,500.

     (c) BFG Investments, Inc.  The Debtor is in default on a note
payable to BFG Investments, which is secured by all assets of the
Debtor as collateral.  The total amount of the default will be
liquidated within a final judgment, pending relief by the Court and
application by BFG Investments of approximately $1.35 million. The
Debtor has not made any payments upon this note in several years,
and proposes an initial amount of $1,000 per month sourced from
ongoing operations as adequate protection.

     (d) Vehicle Lease Payments.  The Debtor maintains leases on
two automobiles used by officers with sales responsibility for the
business.  The total amount of the leases, paid through the Debtor
is approximately $770 per month.

A full-text copy of the Debtor's Motion, dated March 30, 2017, is
available at https://is.gd/mdDD6F

              About Steve's Frozen Chillers

Steve's Frozen Chillers, Inc. -- http://stevesfrozenchillers.com/
-- is engaged in the frozen drink machine business.  Founded in
2001, the Company offers over 20 flavors of frozen drink mixes,
both for alcoholic drinks and non-alcoholic, including frozen
cappuccinos, frozen energy drinks and skinny iced coffee.  In 2016,
the Company recorded gross revenue of $2.56 million compared to
gross revenue of $3.09 million in 2015.

Steve's Frozen Chillers, Inc. filed a Chapter 11 petition (Bankr.
S.D. Fla. Case No. 17-13690) on March 27, 2017.  The petition was
signed by Steven D Schoenberg, CEO.  At the time of filing, the
Debtor had $744,658 in assets and $1.94 million in liabilities.

The case is assigned to Judge Erik P. Kimball.  

Angelo A. Gasparri, Esq., at the Law Office of Angelo A Gasparri,
is serving as bankruptcy counsel to the Debtor.


STONEMOR PARTNERS: Moody's Affirms B3 CFR & Alters Outlook to Neg.
------------------------------------------------------------------
Moody's Investors Service affirmed Stonemor Partners L.P.'s
Corporate Family rating ("CFR") at B3, Probability of Default
rating ("PDR") at B3-PD, senior unsecured rating at Caa1 and
Speculative Grade Liquidity rating at SGL-3. The rating outlook was
revised to negative from stable.

Issuer: StoneMor Partners LP

Affirmations:

-- Corporate Family Rating, at B3

-- Probability of Default Rating, at B3-PD

-- Speculative Grade Liquidity Rating, at SGL-3

-- Senior Unsecured, at Caa1 (LGD5)

Outlook:

-- Outlook, Changed to Negative from Stable

RATINGS RATIONALE

"The uncertainty, distraction and expense associated with the
ongoing internal financial review, the delayed 2016 audit and sales
force changes could lead to weaker than anticipated financial
performance, driving the revision of the rating outlook to negative
from stable," said Edmond DeForest, Moody's Senior Credit Officer.

On February 27, StoneMor announced it would delay the release of
its audited 2016 financial statements due to the identification of
a material weakness in its internal controls and procedures. The
company must deliver audited 2016 financial statements with an
unqualified opinion by July 25, 2017 to avoid a default of its
senior secured revolving credit facility due 2021 (unrated) and
senior unsecured notes due 2021.

StoneMor's B3 CFR reflects Moody's concern that recent
disappointing operating performance could be slow to improve and
expectation for breakeven to only modestly positive free cash flow
(before distributions). Sales of pre-need and at-need cemetery
contracts have been pressured by recent changes in its compensation
plan for cemetery salespersons, which led to a reduction in the
size of StoneMor's sales force, driving Moody's anticipation of
flat operating and financial performance in 2017. Moody's
anticipates debt to EBITDA well over 10 times on a GAAP basis,
which is very high for the B3 rating category. However, debt to
accrual EBITDA (pro forma for acquisitions, reflecting Moody's
standard adjustments and adding deferred revenues less deferred
expenses) is around 5 times, which is solid for the B3 rating. The
rating is also supported by a national portfolio of cemetery
properties and a solid backlog of pre-need cemetery sales.

The results, implications and costs of an ongoing review by the
company of its internal controls and procedures and the date of
delivery of audited 2016 financial statements remain uncertain.
Despite the wide scope of the work that needs to be accomplished by
July 25, Moody's base assumption is that the company will be able
to file its audited restated financial statements by then.

All financial metrics cited reflect Moody's standard adjustments.

The Caa1 rating on the senior unsecured notes reflects the B3-PD
PDR and an LGD assessment of LGD5, reflecting its junior position
in Moody's priority of claims at default relative to the $210
million senior secured revolving credit facility. An increase in
the amount of senior secured claims could result in a downgrade of
the senior unsecured notes.

The SGL-3 liquidity rating reflects Moody's assessment of
StoneMor's liquidity profile as adequate over the next year. Cash
on hand is expected to remain around $10 million and free cash flow
(before distributions) is expected to be breakeven to modestly
positive. Without a recovery in free cash flow (before
distributions), StoneMor will rely upon its revolver to make growth
investments and finance limited partner distributions. External
liquidity is provided by around $40 million of availability
expected under the company's revolving credit facility. Revolver
availability is subject to a borrowing base calculation and certain
financial covenants. Moody's expects StoneMor will maintain
compliance with the financial covenants. Revolver availability is
also subject to delivery of audited 2016 financial statements by
late July. StoneMor could relieve liquidity pressure by reducing or
eliminating its quarterly limited partner distributions, delaying
growth capital expenditures and foregoing acquisitions. Moody's
notes additional liquidity is provided by StoneMor GP Holdings LLC,
the sole member and owner of StoneMor's general partner and an
affiliate of American Infrastructure MLP Funds ("AIM"), a private
investment firm, which invested $20.0 million for new membership
units in StoneMor on December 30, 2016 and has a $30 million
capital commitment still available to StoneMor's general partner to
purchase additional limited partnership interests to fund growth
investments.

Given the negative ratings outlook, a ratings upgrade is unlikely
in the near term. Over the longer term, the ratings could be
upgraded if a sustained improvement in operating and financial
performance results in expectations for free cash flow (before
distributions) to debt around 5% and improved liquidity.

The ratings could be downgraded if 1) operating or financial
performance is worse than expected; 2) liquidity deteriorates;3)
the company is unable to file its audited financial statements by
July 25th without obtaining needed waivers from debt holders; or 4)
the results of the company's review indicate that
materially-adverse financial restatements are required, or control
weaknesses cannot be remediated in a timely manner.

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

StoneMor is a provider of funeral and cemetery products and
services in the United States. As of September 30, 2016, StoneMor
operated 317 cemeteries and 105 funeral homes in the US and Puerto
Rico. The company owns 286 of these cemeteries and operates the
remaining 31 under long-term management agreements with non-profit
cemetery corporations that own the cemeteries. AIM controls
StoneMor through its ownership of StoneMor's general partner and
owns 7% of StoneMor's outstanding limited partnership interests.
Moody's expects GAAP revenues of over $300 million in 2017.


STONEWALL FARM: Disclosure Statement Hearing on May 10
------------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Florida is set
to hold a hearing on May 10, at 3:00 p.m., to consider approval of
the disclosure statement explaining the Chapter 11 plan of
Stonewall Farm Ocala, LLC.

The hearing will take place at Courtroom A, Fourth Floor, 300 North
Hogan Street, Jacksonville, Florida.  Objections to the disclosure
statement must be filed and served seven days before the hearing.

Stonewall is represented by:

     Robert D. Wilcox, Esq.
     Wilcox Law Firm
     820 A1A North, Suite W−15
     Ponte Vedra Beach, FL 32082

                    About Stonewall Farm Ocala

Stonewall Farm Ocala, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Fla. Case No. 15-03677) on August 17,
2015.  The petition was signed by Richard Haisfield, authorized
representative.  The case is assigned to Judge Paul M. Glenn.

At the time of the filing, the Debtor disclosed $4.23 million in
assets and $2.17 million in liabilities.


SUSAN'S INC: Court Approves Disclosure Statement
------------------------------------------------
The Hon. Robert E. Grant of the U.S. Bankruptcy Court for the
Northern District of Indiana has approved Susan's, Inc.'s
disclosure statement dated Jan. 30, 2017, referring to the Debtor's
plan of reorganization.

As reported by the Troubled Company Reporter on Feb. 2, 2017, the
Debtor filed with the Court the Disclosure Statement for the Plan,
which proposes that Class 5 Unsecured Claims be paid out of the
distribution proceeds as provided in the Plan at the rate of
approximately $5,000 per year for three years, plus any preference
recoveries.  The payment will be on a pro rata basis to the allowed
claims.  This amount will decrease in an amount equal to the
attorney fees incurred during any preference actions.  Under no
circumstances will Class 5 receive less than $15,000 and may be
paid approximately $20,000.

                        About Susan's Inc.

Susan's Inc. was incorporated in the State of Indiana and operates
a women's retail clothing store at 6340 W. Jefferson Blvd., Fort
Wayne, Indiana.  

Susan's Inc. filed a Chapter 11 petition (Bankr. N.D. Ind. Case No.
16-11640) on April 5, 2016.  The petition was signed by Susan
Johnson, president.  The Debtor is represented by Adam L. Hand,
Esq., Beckman Lawson, LLP.  The Debtor estimated assets at $0 to
$50,000 and liabilities at $100,001 to $500,000.


SYDELL INC: Has Final Approval to Continue Using Cash Until Aug. 1
------------------------------------------------------------------
Judge Paul W. Bonapfel of the U.S. Bankruptcy Court for the
Northern District of Georgia authorized Sydell, Inc., d/b/a Spa
Sydell, to use cash collateral through Aug. 1, 2017 on a final
basis.

The Debtor will only be authorized to use cash collateral for the
actual and necessary expenses of operating the Debtor and
conducting the Debtor's business affairs pursuant to the Budget.
As set forth in the approved Budget for April 7, 2017 through Aug.
4, 2017, the Debtor anticipates to incur operating expenditures
totaling $1,076,350.

The holders of secured claims against the Debtor who may assert an
interest in the Debtor's cash collateral appear to be:

   (a) the holder of the DIP Loan, Richard Pena who, with the prior
approval of the Court, provided a $40,000 loan to the Debtor in
December 2016,  

   (b) the Internal Revenue Service, based on a series of Federal
Tax Liens, has filed a proof of claim in the amount of $3,362,238,
which it claims is a secured claim, and

   (c) American Express Bank, FSB, which has filed a proof of claim
in the amount of $25,993 which it claims is a secured claim.

The IRS and American Express Bank are granted a continuing valid,
attached, choate, enforceable, perfected and continuing security
interest in, and lien upon, all postpetition assets of the Debtor
of the same type and to the same extent as the collateral securing
the Debtor's indebtedness with respect to such creditor prior to
the Petition Date.  The priority of said security interests in, and
liens upon, the Post-Petition Collateral will be the same priority
as existed in and upon the Pre-Petition Collateral.

American Express Travel Related Services Company, Inc., and
American Express Bank are authorized to withhold and apply amounts
from the Debtor's American Express credit card proceeds, to its
claim as provided in the Business Loan and Security Agreement by
and between the Debtor and American Express Bank and the Card
Acceptance Agreement by and between the Debtor and American Express
Travel Related Services Company, Inc.

The Post-Petition Collateral and any security interests and/or
liens granted to or acknowledged in favor of Mr. Pena, the IRS and
American Express Bank, will be subject to:

   (a) any unpaid fees of the Clerk of the Court;

   (b) any unpaid fees of the U.S. Trustee pursuant to 28 U.S.C.
Section 1930(a) and (b); and

   (c) a carve-out in an aggregate amount not to exceed $90,000,
for allowed unpaid fees and expenses payable under Sections 330 and
331 of the Bankruptcy Code to the professionals for the Debtor and
if appointed, a Committee or counsel retained by the Committee.

In addition, the Debtor is directed, among other things, to:

   (a) sequester, segregate and account for all cash collateral
that comes into its possession, custody or control;

   (b) keep and provide on a periodic basis, no less than monthly,
records reasonably sufficient to determine the status of cash
collateral collections and expenditures;

   (c) provide to senior secured lenders with copies of the monthly
operating reports filed with the Court and with the Office of the
U.S. Trustee; and

   (d) insure the prepetition collateral and the postpetition
collateral against all risks to which it may be exposed, including
loss, damage, fire, theft and all other such risks, in an amount
not less than the fair market value of such collateral.

A full-text copy of the Final Order, entered on March 30, 2017, is
available at https://is.gd/UOho1s

                   About Sydell, Inc.

Beauty spa operator Sydell, Inc., d/b/a SPA Sydell,  first filed
for bankruptcy (Bankr. N.D. Ga. Case No. 09-83407) on Sept. 3,
2009.  The Debtor was represented by David G. Bisbee, Esq., at the
Law Office of David G. Bisbee.  The 2009 petition estimated assets
and liabilities at $1 million to $10 million at the time of the
filing.  The Company emerged from Chapter 11 in 2012.

Beauty spa operator Sydell, Inc., filed a chapter 11 petition
(Bankr. N.D. Ga. Case No. 16-64647) on Aug. 22, 2016, four years
after emerging from a prior bankruptcy case.  The petition was
signed by Reina A. Bermudez, chief executive officer and 100% owner
of Sydell.   

In the new Chapter 11 case, Sydell, Inc., tapped John Michael
Levengood, Esq., at the Law Office of J. Michael Levengood, LLC as
counsel; and GGG Partners, LLC as financial consultants.  It also
hired Tanya Adrews Tate as its special bankruptcy counsel, and
Right on the Books Consultants, LLC as its accountants.  

The Debtor estimated assets and liabilities of $1 million to $10
million as of the bankruptcy filing.


TEAM EXPRESS: April 25 Liquidation Plan Confirmation Hearing
------------------------------------------------------------
A U.S. bankruptcy judge approved the outline of the Chapter 11 plan
of liquidation for Team Express Distributing, LLC.

Judge Craig Gargotta of the U.S. Bankruptcy Court for the Western
District of Texas gave the thumbs-up to the disclosure statement
after finding that it contains "adequate information."

The March 23 order set an April 14 deadline for creditors to cast
their votes accepting or rejecting the plan, and file their
objections.

A court hearing to consider confirmation of the liquidating plan
will be held on April 25, at 10:00 a.m., at the Hipolito F. Garcia
Federal Building and United States Courthouse, Room 505, 615 E.
Houston Street, San Antonio, Texas.  

                About Team Express Distributing

Team Express Distributing LLC, doing business as Baseball Express
LLC, is a San Antonio-based, multi-channel retailer that sells a
wide range of sporting goods, primarily focusing on team sports
like football, baseball, basketball, soccer, and others,
manufactured by adidas, Easton Sports, Louisville Slugger, Nike,
Inc., Oakley, Russell Athletic, Schutt Sports, Spalding, Under
Armour, and Wilson Sporting Goods, among many others.  The Debtor
operates from three locations in San Antonio, Texas, and employs
approximately 200 employees.

On Dec. 16, 2015, the Debtor filed a voluntary petition for relief
under Chapter 11 of the Bankruptcy Code (Bankr. W.D. Tex. Case No.
15-53044).  The Debtor estimated $10 million to $50 million in
assets and debts.  The petition was signed by Mark S. Marney, chief
executive.   

The case is assigned to Judge Craig A. Gargotta.  The Debtor tapped
Marcus A. Helt, Esq., at Gardere Wynne Sewell LLP, as counsel.
Treadstone Capital Advisors, LLC, is the financial advisor and
investment banker.

On January 8, 2016, an official committee of unsecured creditors
was appointed.  No trustee or examiner has been appointed in the
case.

On January 9, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of liquidation.


TERRACE MANOR: Seeks Authority to Use Eagle-Bank Cash Collateral
----------------------------------------------------------------
Terrace Manor, LLC, seeks authorization from the U.S. Bankruptcy
Court for the District of Columbia to use the cash collateral of
Eagle-Bank.

Eagle-Bank holds a claim against the Debtor in the approximate
amount of $2.82 million, which is secured by a first lien against
the Property and Rents derived therefrom, and such other collateral
as set forth in the loan documents.

The Debtor intends to use cash collateral in order to continue to
operate, preserve and maintain its property -- a residential
apartment building located at 3341-3353 23rd Street S.E., 2276
Savanah Street, S.E. and 2270-2272 Savanah Street, S.E. Washington,
DC.

The Debtor contends it will be filing imminently a plan of
reorganization that, upon approval of the Court and confirmation,
provides for the sale of the Property to Equilibrium Terrace Manor,
LLC, for the purchase price of $5,856,000.

Accordingly, the use of cash collateral in the form of existing
cash and rents generated from the Property to operate, preserve,
and maintain the Property in the ordinary course of business
through sale completion.  The proposed Budget for April 2, 2017
through June 25, 2017 provides total business expenses in the
aggregate sum of $116,955.

The Debtor and the Eagle-Bank have agreed to the terms for the
interim use of cash collateral, among other things, as follows:

     (a) Use of of Cash Collateral.  Eagle-Bank has consented to
the interim use of its cash collateral to the extent and in the
amounts set forth in the Budget.

     (b) Adequate Protection.  Eagle-Bank will be provided with the
following adequate protection under the Interim Order:
        
         (i) monthly payments in the amount of $14,000,

        (ii) a replacement lien on all the postpetition assets of
the Debtor pursuant to Section 361 of the Bankruptcy Code to the
extent of diminution in the value of the Eagle-Bank's interest in
Cash Collateral; and

       (iii) 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 Eagle-Bank's interest in Cash
Collateral.

     (c) Waiver of Applicable Non-bankruptcy Law Relating to
Perfection on Property of the Estate.  The Interim Order is deemed
to be sufficient and conclusive evidence of the priority,
perfection, and validity of the postpetition liens and security
interests granted therein, effective as of the Petition Date,
without any further act and without regard to any other federal,
state, or local requirements or law requiring notice, filing,
registration, recording or possession of the subject collateral, or
other act to validate or perfect such security interest or lien.

     (d) Relief From Automatic Stay.  The automatic stay provisions
of Section 362 of the Bankruptcy Code are modified and vacated to
the extent necessary to permit the Secured Creditor to perform any
act authorized or permitted under the Interim Order, including,
without limitation, to take any act to create, validate, evidence,
attach or perfect any lien, security interest, right or claim in
Eagle-Bank's collateral.

A full-text copy of the Debtor's Motion, dated March 30, 2017, is
available at https://is.gd/IqQGnb

                  About Terrace Manor, LLC

Terrace Manor, LLC, owns a 61-unit residential apartment building
located at 3341-3353 23rd Street S.E., 2276 Savanah Street, S.E.
and 2270-2272 Savanah Street, S.E. Washington, DC.  The Company is
a single asset real estate as defined in 11 U.S.C. Section
101(51B).  Sanford Capital, LLC, is the 100% owner of the Company.

Terrace Manor filed a Chapter 11 petition (Bankr. D.D.C. Case No.
17-00175) on March 30, 2017.  The petition was signed by Carter A.
Nowell, managing member of Sanford Capital.  The case is assigned
to Judge Martin S. Teel, Jr.  At the time of filing, the Debtor had
estimated both assets and liabilities between $1 million to $10
million.

Brent C. Strickland, Esq., and Christopher A. Jones, Esq., at
Whiteford, Taylor & Preston L.L.P., are serving as bankruptcy
counsel to the Debtor.


TEXARKANA ARKANSAS: Plan Outline Okayed, Plan Hearing on May 25
---------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Arkansas will
consider approval of the Chapter 11 plan of reorganization of
Texarkana Arkansas Hospitality, LLC, at a hearing on May 25.

The hearing will be held at 9:00 a.m., at Judge Richard Taylor's
Courtroom located at 300 W. 2nd Street, Little Rock, Arkansas.

The court had earlier approved the company's disclosure statement,
allowing it to start soliciting votes from creditors.  

The March 23 order set a May 18 deadline for creditors to file
their objections and cast their votes accepting or rejecting the
plan.

Texarkana's restructuring plan proposes to pay allowed general
unsecured claims $1,000 per month over 60 months.  General
unsecured creditors assert a total of $500,401.39 in claims,
according to the company's disclosure statement filed on November
28 last year.  

              About Texarkana Arkansas Hospitality

Texarkana Arkansas Hospitality, LLC, doing business as Comfort
Suites, filed a Chapter 11 petition (Bankr. E.D. Ark. Case No.
16-14556) on Aug. 30, 2016.  Sukhpal Singh, member, signed the
petition.  The Debtor estimated both assets and liabilities at $1
million to $10 million.

Joyce W. Lindauer, Esq., at Joyce W. Lindauer Attorney, PLLC,
serves as the Debtors' counsel.  

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Texarkana Arkansas Hospitality,
LLC, as of Oct. 25, according to a court docket.

On November 28, 2016, the Debtor filed its Chapter 11 plan of
reorganization and disclosure statement.  Under the plan, Class 8
general unsecured creditors will receive a monthly payment of
$1,000 over five years.


THAT FURNITURE: Taps KFLC Inc. as Sales Consultant
--------------------------------------------------
That Furniture Outlet, Inc. seeks approval from the U.S. Bankruptcy
Court for the District of Minnesota to hire a sales consultant.

The Debtor proposes to hire KFLC, Inc. to conduct a bankruptcy
sales event at its retail store and provide assistance, staff, and
oversight to accomplish the sales event.  The firm will charge a
commission of 8.9%.

Richard Kurtz, president of KFLC, disclosed in a court filing that
he does not hold or represent any interest adverse to the Debtor.

                   About That Furniture Outlet

That Furniture Outlet -- http://www.thatfurnitureoutlet.com-- is a
small organization in the furniture companies industry located in
Minneapolis, Minnesota.  The Debtor filed a Chapter 11 petition
(Bankr. D. Minn. Case No. 17-40757), on March 19, 2017.  The
petition was signed by Andrew Johnson, president.  At the time of
the filing, the Debtor estimated assets of less than $1 million and
liabilities of $1 million to $10 million.

The case is assigned to Judge Kathleen H. Sanberg.  The Debtor is
represented by Jeffrey H. Butwinick, Esq., at Butwinick Law Office.


TNP TITAN: April 24 Liquidating Plan Confirmation Hearing
---------------------------------------------------------
A U.S. bankruptcy judge approved the outline of the Chapter 11 plan
of liquidation for TNP Titan Plaza Fund, LLC.

Judge Ronald King of the U.S. Bankruptcy Court for the Western
District of Texas gave the thumbs-up to the disclosure statement
after finding that it contains "adequate information."

A court hearing to consider confirmation of the liquidating plan
will be held on April 24, at 2:00 p.m.  Objections to the plan must
be filed by April 17.

Under the initial plan filed on March 3, each Class 2 general
unsecured creditor will receive cash equal to the principal amount
of its allowed claim, plus post-petition interest, or will receive
a different treatment to its claim as agreed to in writing.  

TNP Titan estimates that the allowed general unsecured claims total
approximately $479,000.

A copy of the company's first amended Chapter 11 plan and
disclosure statement is available for free at:

          https://is.gd/qBYcc2

            About TNP Titan

Headquartered in San Antonio, Texas, TNP Titan Plaza Fund, LLC,
owns and leases commercial real estate located at 2700 NE Loop 410
and 8200 Perrin Beitel, San Antonio, Texas.  It conducts no other
business operations besides the management and leasing of the real
property.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. W.D.
Tex. Case No. 16-50780) on April 4, 2016, estimating its assets at
between $1 million and $10 million and liabilities at between $1
million and $10 million.  The petition was signed by Anthony W.
Thompson, CEO of managing member.

Judge Craig A. Gargotta presides over the case.

Thomas Rice, Esq., at Pulman, Cappuccio, Pullen, Benson & Jones,
LLP, serves as the Debtor's counsel.


TUSCANY ENERGY: Can Solicit Plan Votes Through April 14
-------------------------------------------------------
Judge Erik Kimball granted Tuscany Energy LLC's request to  extend
the Debtor's exclusive period to solicit acceptances for its
Chapter 11 plan through April 14, 2017.

As previously reported by The Troubled Reporter, the Debtor sought
more time to attempt to resolve issue with its largest secured
creditor, Armstrong Bank prior to pursuing approval of its
Disclosure Statement, and soliciting votes in favor of its Plan.
The Debtor's Plan of Reorganization and Disclosure Statement was
filed on April 25, 2016.

                About Tuscany Energy, LLC

Tuscany Energy, LLC, filed for Chapter 11 bankruptcy protection
(Bankr. S.D. Fla. Case No. 16-10398) on Jan. 11, 2016.  The
petition was signed by Donald Sider, manager.  The case is assigned
to Judge Erik P. Kimball.  At the time of the filing, the Debtor
estimated assets at $100,000 to $500,000 and liabilities at $1
million to $10 million.   The Debtor is represented by Bradley S.
Shraiberg, Esq., and Bernice Lee, Esq., at Shraiberg, Ferrara, &
Landau P.A.  No official committee of unsecured creditors has been
appointed in the case.


ULTRA PETROLEUM: Intends to Offer $1.2 Billion Senior Notes
-----------------------------------------------------------
Ultra Petroleum Corp. on April 3, 2017, disclosed that, subject to
market conditions, Ultra's wholly owned subsidiary, Ultra Resources
Inc., intends to offer $700.0 million in aggregate principal amount
of senior unsecured notes due 2022 (the "2022 Notes") and $500.0
million in aggregate principal amount of senior unsecured notes due
in 2025 (together with the 2022 Notes, the "Notes") in a private
placement pursuant to exemptions from registration under the
Securities Act of 1933, as amended (the "Securities Act").  Ultra
intends to use the proceeds from this offering, together with the
anticipated proceeds from other exit financings and cash on hand,
to fund the distributions provided for under a comprehensive
reorganization plan (the "Plan") of Ultra and its subsidiaries,
which was approved by the U.S. Bankruptcy Court for the Southern
District of Texas on March 14, 2017, and to pay certain fees,
commissions and related expenses.

The Notes have not been registered under the Securities Act or any
state securities laws, and unless so registered, the Notes may not
be offered or sold in the United States except pursuant to an
exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act and any other
applicable state securities laws.  The Notes may be resold by the
initial purchasers pursuant to Rule 144A and Regulation S under the
Securities Act.

This news release is being issued pursuant to Rule 135c under the
Securities Act, and is neither an offer to sell nor a solicitation
of an offer to buy the Notes or any other securities.  There shall
not be any sale of the Notes or any other securities in any state
or other jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under
applicable laws.

                     About Ultra Petroleum

Houston, Texas-based Ultra Petroleum Corp. (OTC Pink Marketplace:
"UPLMQ") is an independent oil and gas company engaged in the
development, production, operation, exploration and acquisition of
oil and natural gas properties.

On April 29, 2016, Ultra Petroleum Corp. and seven subsidiary
companies filed petitions (Bankr. S.D. Tex.) seeking relief under
Chapter 11 of the United States Bankruptcy Code.  The Debtors'
cases have been assigned to Judge Marvin Isgur.  These cases are
being jointly administered for procedural purposes, with all
pleadings filed in these cases will be maintained on the case
docket for Ultra Petroleum Corp. Case No. 16-32202.

Ultra Petroleum disclosed total assets of $1.28 billion and total
liabilities of $3.91 billion as of March 31, 2016.

James H.M. Sprayregen, P.C., David R. Seligman, P.C., Michael B.
Slade, Esq., Christopher T. Greco, Esq., and Gregory F. Pesce,
Esq., at Kirkland & Ellis LLP; and Patricia B. Tomasco, Esq.,
Matthew D. Cavenaugh, Esq., and Jennifer F. Wertz, Esq., at Jackson
Walker, L.L.P., serve as co-counsel to the Debtors.

Rothschild Inc. serves as the Debtors' investment banker; Petrie
Partners serves as their investment banker; and Epiq Bankruptcy
Solutions, LLC, serves as claims and noticing agent.

On May 5, 2016, the United States Trustee for the Southern District
of Texas appointed an official committee for unsecured creditors of
all of the Debtors.  On September 26, 2016, the United States
Trustee for the Southern District of Texas filed a Notice of
Reconstitution of the UCC.  The Committee tapped Weil, Gotshal &
Manges LLP as its legal counsel; Opportune LLP as advisor; and PJT
Partners LP as its financial advisor.

Certain other stakeholders have organized for purposes of
participating in the Debtors' chapter 11 cases: (i) on June 8,
2016, an informal ad hoc committee of unsecured creditors of
subsidiary, Ultra Resources, notified the Bankruptcy Court it had
formed and identified its members, most of which are distressed
debt investors and/or hedge funds; (ii) on June 13, 2016, an
informal ad hoc committee of the holders of senior notes issued by
the Company notified the Bankruptcy Court it had formed and
identified its members; (iii) on July 20, 2016, an informal ad hoc
committee of shareholders of the Company notified the Bankruptcy
Court it had formed and identified its members; and (iv) on January
6, 2017, an informal ad hoc committee of unsecured creditors of
subsidiary, Ultra Resources, notified the Bankruptcy Court it had
formed and identified its members, most of which are insurance
companies.


ULTRAPETROL BAHAMAS: Completes Restructuring, Exits Chapter 11
--------------------------------------------------------------
Ultrapetrol (Bahamas) Limited, a Bahamas corporation, on April 4,
2017, disclosed that it has successfully completed its
court-approved financial restructuring and has emerged from its
pre-packaged chapter 11 bankruptcy cases.  All of the conditions to
effectiveness under its Plan of Reorganization, which was confirmed
by the US Bankruptcy Court for the Southern District of New York on
March 17, 2017, have been satisfied or otherwise waived in
accordance with the terms of the Plan.

Under the Plan, the Company's river business subsidiaries were
purchased by Sparrow River Investments Ltd. for a purchase price of
$73.0 million.  The proceeds of the sale of the river business,
together with the net proceeds from the sale of the Company's ocean
business and funds held in a debt service reserve account pledged
to The International Finance Corporation ("IFC") and the OPEC Fund
for International Development ("OFID"), were paid to the holders of
the Company's 8.875% First Preferred Ship Mortgage Notes due 2021,
IFC and OFID in full satisfaction of their debt on the effective
date of the Plan in accordance with the Restructuring Support
Agreements and the Plan.  Under the Plan, all other creditors were
paid in full.  The Company's existing shareholders retained their
shares in the Company; however, after giving effect to the Plan,
the Company no longer owns any operating businesses.  In addition,
Sparrow Offshore Capital Ltd. has purchased the offshore
subsidiaries of the Company for $2.5 million subject to their
existing debt, which remained with the offshore business with
modified terms and conditions.  The secured lenders to the offshore
business received the $2.5 million purchase price as well as $7.5
million held in accounts of the offshore business subsidiaries as a
prepayment of the principal outstanding under certain loans of the
offshore business subsidiaries.  Other than the principal reduction
through this repayment, the principal amounts outstanding under
such loans were unaffected.  Other creditors of the offshore
business were unaffected and will continue to be paid when due in
the ordinary course of business.

Notwithstanding the change in ownership, the management teams of
the river business and offshore business are being retained and it
is expected that customers of the river business and offshore
business will continue to receive high-quality service.

The Company is being advised by the investment banking firm of
Miller Buckfire & Co. and AlixPartners, LLP.  Zirinsky Law Partners
PLLC and Seward & Kissel LLP are acting as legal counsel to the
Company in this process.

                        About Ultrapetrol

Ultrapetrol -- http://www.ultrapetrol.net/-- is an industrial
transportation company serving the marine transportation needs of
its clients in the markets on which it focuses.  It serves the
shipping markets for containers, grain and soy bean products,
forest products, minerals, crude oil, petroleum, and refined
petroleum products, as well as the offshore oil platform supply
market with its extensive and diverse fleet of vessels.  These
include river barges and pushboats, platform supply vessels,
tankers and two container feeder vessels.  The Company employs
approximately 813 personnel located principally in Argentina (462)
and Paraguay (351).

Ultrapetrol (Bahamas) Limited and 30 affiliated subsidiaries each
filed a voluntary petition under Chapter 11 of the Bankruptcy Code
(Bankr. S.D.N.Y. Lead Case No. 17-22168) Feb. 6, 2017, in order to
implement an agreement reached with their lenders and bondholders
on the terms of a comprehensive debt restructuring.  The Chapter 11
cases are pending before the Hon. Robert D. Drain.

Contemporaneously with the petitions, the Debtors filed with the
court their Second Amended Joint Prepackaged Plan of Reorganization
dated Feb. 6, 2017.  The Company and its subsidiaries negotiated
and received affirmative votes from all voting lenders and from
99.9% of the Company's note claims voting to accept the Prepackaged
Plan.

The Debtors have hired Zirinsky Law Partners PLLC as lead
attorneys, Hughes Hubbard & Reed LLP as legal counsel, Seward &
Kissel LLP as special corporate counsel, Miller Buckfire & Co. LLC
as financial advisor, Pistrelli, Henry Martin Y Asociados S.R.L. as
independent auditor, Ernst & Young Paraguay as the Debtors'
Paraguayan subsidiaries' independent auditor, AlixPartners
International, LLC as financial advisor and Prime Clerk LLC as
claims, noticing and solicitation agent.


UNITED CORP INT'L: Unsecureds to be Paid 100% Over 7 Years
----------------------------------------------------------
Unsecured creditors of United Corp. Int'l, Inc., will receive full
payment of their claims under the company's proposed plan to exit
Chapter 11 protection.

The reorganization plan proposes to pay Class 5 general unsecured
creditors 100% of their allowed claims through equal monthly
installments over plan years two through eight.  General unsecured
creditors will receive any additional amount equal to 1% per year
for this delayed payment.  

Each payment will be the equivalent to 1/84th of their total
allowed unsecured claim with the last payment being a final payment
of the outstanding balance calculated by the terms of the plan.
These monthly payments will begin on the 10th day of the first
month in plan year two.

Class 5 is impaired and is entitled to vote to accept or reject the
plan.

United Corp. will pay all allowed claims from its post-petition
receipts.  The company will act as the disbursing agent unless it
appoints another person or entity to do so, according to its
disclosure statement filed on March 23 with the U.S. Bankruptcy
Court for the Northern District of Georgia.

A copy of the disclosure statement is available for free at
https://is.gd/xs7t7u

                    About United Corp. Int'l

United Corp. Int'l, Inc. fabricates stone products consisting of
granite, limestone, marble and related stone.  Its customers are
both residential homeowners and single family and multi-family home
builders in and around the State of Georgia.

Debtor maintains a principal place of business at 6555 Jimmy Carter
Boulevard, Norcross, Georgia via a commercial building lease with
Nest Investment, Inc.  It also maintains a warehouse at 6899
Peachtree Industrial Boulevard, Suite J-K, Norcross, GA 30092 via a
warehouse lease with Peachtree Industrial Partners, LLP.

Debtor sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. N.D. Ga. Case No. 16-60912) on June 23, 2016.  The petition
was signed by Touraj Nayebosadri, president.  Debtor is represented
by Rodney L. Eason, Esq.

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


VALDERRAMA A/C: Case Summary & 19 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Valderrama A/C Refrigeration, Inc
        8412 Hansen Rd.
        Houston, TX 77075

Case No.: 17-32091

Business Description: Valderrama A/C Refrigeration --
                      http://valderramahvac.com-- designs and   
                      installs commercial refrigeration systems
                      serving clients throughout the Greater
                      Houston area for more than 28 years.

Chapter 11 Petition Date: April 4, 2017

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

Judge: Hon. Karen K. Brown

Debtor's Counsel: William P Haddock, Esq.
                  PENDERGRAFT & SIMON
                  2777 Allen Parkway, Suite 800
                  Houston, TX 77019
                  Tel: 713-528-8555
                  Fax: 713-868-1267
                  E-mail: will@haddock.pro
                          whaddock@pendergraftsimon.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Dario Ciriaco, director.

A copy of the Debtor's list of 19 largest unsecured creditors is
available for free at http://bankrupt.com/misc/txsb17-32091.pdf


VERENGO INC: Crius to Provide $595,000 in Cash, DIP Financing
-------------------------------------------------------------
Verengo, Inc., filed with the U.S. Bankruptcy Court for the
District of Delaware a second amended combined disclosure statement
and Chapter 11 plan of reorganization dated March 29, 2017, to
modify minor provisions in the Disclosure Statement.

The Second Amended Disclosure Statement provides that Crius Solar
Fulfillment, LLC, has committed to providing the DIP financing and
$595,000 in cash.  The First Amended Disclosure Statement provided
that Cruis has committed to providing the DIP financing and
$200,000 in cash.

The Second Amended Disclosure Statement also provides that Class 4
General Unsecured Claims are estimated to total $15.80 million,
while Class 2A Secured Claims are estimated to total less than
$100,000.  Class 2A Claims are unimpaired and are expected to
recover 100% of their allowed claims.

The Second Amended Combined Disclosure Statement and Plan is
available at:

              http://bankrupt.com/misc/deb16-12098-238.pdf

                          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.


VERMILLION INC: Reports $15 Million Net Loss for 2016
-----------------------------------------------------
Vermillion, Inc. filed with the Securities and Exchange Commission
its annual report on Form 10-K disclosing a net loss of $14.96
million on $2.64 million of total revenue for the year ended Dec.
31, 2016, compared to a net loss of $19.11 million on $2.17 million
of total revenue for the year ended Dec. 31, 2015.

As of Dec. 31, 2016, Vermillion had $8.01 million in total assets,
$4.25 million in total liabilities and $3.76 million in total
stockholders' equity.

"We have incurred significant net losses and negative cash flows
from operations since inception, and as a result has an accumulated
deficit of approximately $385,556,000 at December 31, 2016.  The
Company expects to incur a net loss in 2017 as well. The Company's
management believes that successful achievement of the business
objectives will require additional financing.  The Company expects
to raise capital through a variety of sources, which may include
the exercise of common stock warrants, (e.g., the warrants to
purchase 4,166,659 shares of Vermillion common stock at $2.00 per
share, which warrants were issued in December 2014 and expire on
December 23, 2017), public and private equity offerings, debt
financing, collaborations, licensing arrangements, grants and
government funding and strategic alliances.  However, additional
funding may not be available when needed or on terms acceptable to
the Company.  If the Company is unable to obtain additional
capital, it may not be able to continue sales and marketing,
research and development, or other operations on the scope or scale
of current activity and that could have a material adverse effect
on the Company's business, results of operations and financial
condition.

"There can be no assurance that the Company will achieve or sustain
profitability or positive cash flow from operations. However,
management believes that the current working capital position as of
the date of these financial statements will be sufficient to meet
the Company's working capital needs for at least the next twelve
months.  Management expects cash from product and ASPiRA IVD sales
to be the Company's only material, recurring source of cash in
2017.

"In connection with a private placement offering of common stock
and warrants we completed in May 2013, we entered into a
stockholders agreement which, among other things, gives two of the
primary investors in that offering the right to participate in any
future equity offerings by the Company on the same price and terms
as other investors.  In addition, the stockholders agreement
prohibits us from taking certain material actions without the
consent of at least one of the two primary investors in that
offering.  These material actions include:

   * Making any acquisition with a  value greater than $2
million;

 *  Offering, selling or issuing any securities senior to
   Vermillion's common stock or any securities that are
   convertible into or exchangeable or exercisable for securities
   ranking senior to Vermillion's common stock;

* Taking any action that would result in a change in control of   

   the Company or an insolvency event; and

* Paying or declaring dividends on any securities of the Company
   or distributing any assets of the Company other than in the
   ordinary course of business or repurchasing any outstanding
   securities of the Company.

"The foregoing rights terminate for each stockholder when that
stockholder ceases to beneficially own less than 50% of the shares
and warrants (taking into account shares issued upon exercise of
the warrants), in the aggregate, that were purchased at the closing
of the 2013 private placement."

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

                    https://is.gd/y7UY0b  

                      About Vermillion

Vermillion, Inc., is dedicated to the discovery, development and
commercialization of novel high-value diagnostic tests that help
physicians diagnose, treat and improve outcomes for patients.
Vermillion, along with its prestigious scientific collaborators,
has diagnostic programs in oncology, hematology, cardiology and
women's health.

Vermillion, Inc., filed for Chapter 11 bankruptcy protection
(Bankr. D. Del. Case No. 09-11091) on March 30, 2009.  Vermillion's
legal advisor in connection with its successful reorganization
efforts wass Paul, Hastings, Janofsky & Walker LLP.   

Vermillion emerged from bankruptcy in January 2010.  The Plan
called for the Company to pay all claims in full and equity holders
to retain control of the Company.


VIVARO CORP: Telcel Urges Court to Overrule Objection to $6M Claim
------------------------------------------------------------------
Alex Wolf, writing for Bankruptcy Law360, reports that Radiomovil
Dipsa SA de CV aka Telcel has asked the U.S. Bankruptcy Court for
the Southern District of New York to overrule an objection to its
$6 million claim against Vivaro Corp.

Telcel, Law360 relates, is seeking to collect on a purported debt
guaranteed by the Debtor on behalf of affiliate Marcatel SA de CV.


According to Law360, Telcel says it has produced sufficient
documentation showing the Debtor's liability stemming from a
contract over interconnection payments.

                      About Vivaro Corp.

Vivaro Corp., which specializes in the sale of international
calling cards in the U.S., filed a Chapter 11 petition (Bankr.
S.D.N.Y. Case No. 12-13810) on Sept. 5, 2012, together with six
other related companies, including Kare Distribution Inc.  

Frederick E. Schmidt, Esq., and Hanh V. Huynh, Esq., at Herrick,
Feinstein LLP, are serving as counsel to the Debtor.  Garden City
Group Inc. is the claims and notice agent.

Phil Gund, Esq., at Marotta Gund Budd & Dzera, LLC, is representing
the Debtors' CRO.

A five-member official committee of unsecured creditors has been
appointed in the case.  The Creditors Committee is represented by
George P. Angelich, Esq., and George V. Utlik, Esq., at Arent Fox
LLP.

By order dated Jan. 31, 2013, the Court approved the sale of
substantially all of the Debtors' assets to Next Angel, LLC, n/k/a
Angel Americas, LLC.  The sale closed on Feb. 8, 2013, and divested
the Debtors' estates of their prepetition businesses.


VWELLWEST INC: Court Says No to Cash Collateral Use
---------------------------------------------------
Judge Janet Baer of the U.S. Bankruptcy Court for the Northern
District of Illinois denies Vwellwest, Inc.'s request for
authorization on cash collateral use.

The Troubled Company Reporter had earlier reported that the Debtor
asked the Court to authorize its use of cash collateral as it was
unable to obtain unsecured credit and it had an urgent requirement
for the use of cash collateral.  The proposed one-month budget
projects total operating expenses of approximately $63,164.

                    About Vwellwest Inc.

Vwellwest, Inc., is an active Arizona Corporation, operating a home
health care business in Arizona. Its principle business operations,
including all of its financial activities, are conducted in its
business location located at 651 Amersale Drive, Suite 105,
Naperville, IL 60563.

Vwellwest, Inc. filed a Chapter 11 petition (Bankr N.D. Ill. Case
No. 17-03335) on Feb. 5, 2017.  The petition was signed by Jenneth
Panaligan, Vice President.  The case is assigned to Judge Janet
Baer.  The Debtor is represented by Laxmi P. Sarathy, Esq.  At the
time of filing, the Debtor had assets and liabilities between
$100,000 and $500,000.


WALNUT CREEK: Intends to Use Growmark Cash Collateral
-----------------------------------------------------
Walnut Creek Fertilizer, LLC, seeks approval from the U.S.
Bankruptcy Court for the Southern District of Iowa to use the cash
collateral, in which Growmark, Inc., has a first and paramount
security interest.

The Debtor intends to use cash collateral until the earlier of Oct.
31, 2017 or the Effective Date following Plan Confirmation.  The
Debtor have an immediate need of the cash collateral in order to
begin generation of sales for the second half of the year, as well
as obtain insurance on certain equipment, to preserve and maximize
the value of its assets.  The Debtor requires such funds to meet
all of its liquidity needs and to administer its Chapter 11 Case in
an orderly manner.

Growmark holds a valid, prepetition secured claim as against the
Debtor, arising from Article 9 filing with the Iowa Secretary of
State, and funds advanced.  Growmark has a valid security interest
in the prepetition receivables, and the DIP bank account balance,
as well as the property of the estate consisting of machinery and
equipment, operating revenues, and receivables in the ordinary
course.  

The Debtor proposes to provide Growmark payment of one-half of
collected prepetition receivables, as they are collected, until
confirmation of the Debtor's proposed Plan of Reorganization, as
adequate protection for Debtor's use of the Cash Collateral.

A full-text copy of the Debtor's Motion, dated March 30, 2017, is
available at https://is.gd/fQtG3f

             About Walnut Creek Fertilizer

Based in Walnut, Iowa, Walnut Creek Fertilizer, LLC, sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.
Iowa Case No. 17-00210) on Feb. 17, 2017.  The petition was signed
by Peter Horne, Jr., president.  At the time of the filing, the
Debtor estimated assets of less than $50,000 and liabilities of $1
million to $10 million.

The case is assigned to Judge Lee M. Jackwig.  

Cutler Law Firm, P.C., is serving as counsel to the Debtor, with
the engagement led by is represented by Robert C Gainer, Esq.

On March 20, 2017, the U.S. Trustee for Region 12 appointed an
official committee of unsecured creditors.  The committee members
are: (1) Schildberg Construction Co., Inc.; (2) Avoca Seed &
Chemical; and (3) United Farmers Cooperative.

Thomas O. Ashby, Esq., at Baird Holm LLP, has been retained as the
Committee's counsel.


WHICKER ASSET: Committee Taps Loewinsohn Flegle as Co-Counsel
-------------------------------------------------------------
The official committee of unsecured creditors of Whicker Asset
Management, LLC and Whicker Real Estate Holdings, LLC seeks
approval from the U.S. Bankruptcy Court for the Northern District
of Texas to hire Loewinsohn Flegle Deary Simon LLP.

Loewinsohn will serve as co-counsel with Neal, Gerber & Eisenberg
LLP, another firm tapped by the committee to be its legal counsel.

The firm will charge a discounted hourly rate of $425 for partners
and $125 for legal assistants.  The principal attorney and
paralegal designated to provide the services are Daniel Winikka,
Esq., and Dawn Weed.

Mr. Winikka 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:

     Daniel P. Winikka, Esq.
     Loewinsohn Flegle Deary Simon LLP
     12377 Merit Drive, Suite 900
     Dallas, TX 7525l
     Telephone: (214) 572-1700
     Facsimile: (214) 572-1717
     Email: danw@lfdslaw.com

                 About Whicker Asset Management

Whicker Asset Management, LLC, and Whicker Real Estate Holdings,
LLC, both based in Garland, TX, filed a Chapter 11 petition (Bankr.
N.D. Tex. Lead Case No. 17-30584) on Feb. 15, 2017.  In its
petition, Whicker Asset Management estimated $1 million to $10
million in both assets and liabilities. The petition was signed by
Richard C. Whicker, president.

Melanie P. Goolsby, Esq., and Jason Patrick Kathman, Esq., at
Pronske Goolsby & Kathman, P.C., serve as the Debtors' bankruptcy
counsel.  The Debtors hired Glenn Cato of CFO Advisory as chief
financial officer and financial advisor; and Molding Business
Services, Inc. as broker.

On March 6, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.


WHICKER ASSET: Committee Taps Neal Gerber as Legal Counsel
----------------------------------------------------------
The official committee of unsecured creditors of Whicker Asset
Management, LLC and Whicker Real Estate Holdings, LLC seeks court
approval to hire legal counsel.

In a filing with the U.S. Bankruptcy Court for the Northern
District of Texas, the committee proposes to hire Neal, Gerber &
Eisenberg LLP to, among other things, assist in its consultations
with the Debtors, review and participate in any proposed asset
sale, evaluate claims, and participate in the preparation of a
Chapter 11 plan.

Nicholas Miller, Esq., and Kevin Schneider, Esq., the attorneys
designated to represent the committee, will charge $525 per hour
and $415 per hour, respectively.  Mirjana Mirkovic, a paralegal,
will charge an hourly rate of $250.

Mr. Miller 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:

     Nicholas M. Miller, Esq.
     Neal, Gerber & Eisenberg LLP
     Two North LaSalle Street, Suite 1700
     Chicago, IL 60602-3801
     Phone: (312) 269-8000
     Fax: (312) 269-1747
     Email: nmiller@nge.com

                 About Whicker Asset Management

Whicker Asset Management, LLC, and Whicker Real Estate Holdings,
LLC, both based in Garland, Texas, filed a Chapter 11 petition
(Bankr. N.D. Tex. Lead Case No. 17-30584) on Feb. 15, 2017.  In its
petition, Whicker Asset Management estimated $1 million to $10
million in both assets and liabilities. The petition was signed by
Richard C. Whicker, president.

Melanie P. Goolsby, Esq., and Jason Patrick Kathman, Esq., at
Pronske Goolsby & Kathman, P.C., serve as the Debtors' bankruptcy
counsel.  The Debtors hired Glenn Cato of CFO Advisory as chief
financial officer and financial advisor; and Molding Business
Services, Inc. as broker.

On March 6, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.


WHITE WING: Gunway's $90K is Highest Bid for Assets
---------------------------------------------------
White Wing Weaponry, LLC, and WWW Retail, LLC, ask the U.S.
Bankruptcy Court for the Eastern District of Texas to authorize
White Wing's sale of its assets for $90,000 to Gunway, Inc., the
highest bidder.

The Debtors' assets consist generally of cash, inventory, accounts
receivable, equipment, furniture and fixtures, intellectual
property, contract rights and other assets more fully listed on
Debtors’ respective bankruptcy schedules filed herein.  

Upon information and belief, these creditors assert a security
interest in these assets of the Debtors which ther intend to sell:

   a. Northstar Bank of Texas - a loan with a balance on the
Petition Date of approximately $335,00 and a second loan with a
balance on the Petition Date of approximately $47,000 for a total
current balance of approximately $380,000.  It asserts liens on
substantially all the assets of the Debtors.  It's address is 400
N. Carroll Blvd., Denton, Texas, and is represented by counsel in
the case; and

   b. Firstlease, Inc. as assignee of MD Capital Partners, Inc. –
an outstanding obligation of approximately $9,000 for the financing
of White Wing's point of sale computer software system.  Firstlease
asserts a lien against White Wing's point of sale computer software
system which White Wing and Retail both use in their business
operations.  Firstlease's address is 1300 Virginia Drive, Suite
1300, Fort Washington, Pennsylvania.

White Wing has scheduled total priority claims of $1,536 (unpaid
sales taxes) and total unsecured non-priority claims of $171,528.
Some claims are scheduled in unknown amounts.

Retail has scheduled total priority claims of $2,523 (unpaid sales
taxes) and total unsecured non-priority claims of $171,496.  Of the
total unsecured non-priority claims amount, approximately $137,900
is attributable to the claims of White Wing against Retail.

On Jan. 9, 2017, the Debtors filed their Bid Procedures Motion to
sell certain assets.  On Jan. 19, 2017, the Court entered Bid
Procedures Order.

On Jan. 25, 2017, the Debtors filed their Application to Employ
Business Broker.  The Business Broker was to assist and did assist
the Debtors in attempting to sell their assets as envisioned in the
Bid Procedures Motion and in accordance with the Bid Procedures
Order.  Beginning on Feb. 2, 1017, the Business Broker began in
earnest to market the Debtors' assets.

From March 3, 2017 through and including March 17, 2017, the
Business Broker continued to market the Debtors' assets, including
conducting physical inspection of the assets which would be sold
with prospective purchasers.

The final highest offers which have been received by the Business
Broker through the extended process to sell the Debtors' assets are
the following (in order of highest price to lowest price offered):
(i) the Buyer - $90,000; (ii) Shotgun Blasters - $75,000; (iii) DFW
Shooting Sports, LLC - $46,000; (iv) Alethos, LLC - $45,000; and
Mr. Guns, LLC - $30,000.

A copy of the Motion is available for free at:

      http://bankrupt.com/misc/White_wing_51_Sales.pdf

Considering the status of the Debtors' current operations (closed
doors), the attempt to quickly reduce administrative expenses and
all other relevant factors including the need to complete this sale
as quickly as possible to permit a closing to take place prior to
April 18, 2017 to eliminate additional issues with White Wing's
landlord in Denton, the Debtors ask the Court consider the Motion
on an emergency basis.

The Debtors propose to sell their assets, as described in the
Offers to the highest offeror, the Buyer.  The Debtors have
concluded that a sale of their assets as contemplated is in the
best interest of the bankruptcy estates.

At closing of any sale approved by the Court, the proceeds of the
Sale Proceeds are to be disbursed as follows: (i) $4,500 payable to
the Business Broker (5% per Court's order); (ii) $1,300 fees
payable to the United States Trustee (per Court's cash collateral
order); and (iii) $84,200 payable to Northstar.  None of the
purchasers have placed any separate value on the Debtors' point of
sale operating software or the handcuff project.

The Debtors have determined that selling the Assets will realize
the greatest possible recovery for their creditors and other
parties-in-interest after having exposed the assets to open market
conditions.  Accordingly, the Debtors ask authority to sell their
assets free and clear of all liens, claims, encumbrances and other
interests.

Moreover, the Debtors ask that the Court waive the provisions of
Bankruptcy Code Section 6004(h) and make any order approving the
sale of the assets immediately effective such that closing of the
approved sale may take place within 5 days after approval.

The Debtors have contemporaneously herewith filed a motion for
emergency consideration of the Motion.

                 About White Wing Weaponry

White Wing Weaponry, LLC, and WWW Retail, LLC, are Texas limited
liability companies operating retail firearms stores.  White Wing's
retail store is in Denton, Texas.  Retail's retail store is in
Plano.  White Wing and Retail lease the real property where they
operate their businesses.  Jeremy Hubnik (85%) and James O'Leary
(15%) jointly own both companies.  Mr. Hubnik is the manager of the
Debtors and is in control of the Debtors' operations.

White Wing Weaponry filed a Chapter 11 petition (Bankr. E.D. Tex.
Case Nos. 16-42144) on Nov. 28, 2016.  WWW Retail filed a Chapter
11 petition (Case No. 16-42145) on Nov. 29, 2016.

On Jan. 4, 2017, the Court entered its order granting the Debtors'
joint motion for procedural joint administration of their Chapter
11 cases.

The Debtors tapped Orenstein Law Group, PC, as counsel.


WINEBOW GROUP: Moody's Revises Outlook to Neg. & Affirms B2 CFR
---------------------------------------------------------------
Moody's Investors Service revised the ratings outlook for The
Winebow Group, LLC and its subsidiary Winebow Holdings, Inc. to
negative from stable. All ratings, including the B2 Corporate
Family Rating, B2-PD Probability of Default Rating, B1 First Lien
Term Loan rating, and Caa1 Second Lien Term Loan rating were
affirmed.

The negative outlook reflects Winebow's elevated leverage due to
weaker than expected 2016 operating performance and debt-financed
acquisitions. Moody's estimates that Winebow's debt/EBITDA
leverage, pro forma for recent acquisitions, approximated 8.5x at
the end of 2016. Winebow's earnings decline was partially driven by
a challenging retail environment during the key 2016 holiday
selling season. Moody's expects that Winebow will reduce
debt/EBITDA to about 7.0x by the end of its fiscal year June 2018.
Deleveraging will occur through sales and earnings growth, cost
savings measures, and debt paydown with free cash flow. Moody's
expects Winebow to generate at least $15 million of free cash flow
in fiscal year June 2018. Large acquisitions or failure to improve
operating performance or leverage could result in a downgrade.

Rating actions:

The Winebow Group, LLC:

Corporate Family Rating affirmed at B2

Probability of Default Rating affirmed at B2-PD

Winebow Holdings, Inc.:

$230 million First Lien Term Loan affirmed at B1 (LGD3)

$130 million Second Lien Term Loan affirmed at Caa1 (LGD5)

The ratings outlook is negative.

RATINGS RATIONALE

The Winebow Group, LLC's B2 Corporate Family Rating reflects the
company's high financial leverage (debt/EBITDA), relatively modest
scale, and ongoing acquisition strategy. As a US distributor of
fine wine, Winebow benefits from relatively low risk and
significant stability of results due to the unique three-tier US
regulatory structure for alcoholic beverages. The company is well
positioned to benefit from attractive industry characteristics
including ongoing premiumization and growth in US wine consumption.
Recent acquisitions have contributed to higher leverage but have
also strengthened the company's product and geographic footprint.
Moody's expects that Winebow will grow revenues in the mid-single
digits range going forward. The rating also reflects Moody's
expectations for positive free cash flow, good liquidity and EBITA
margins that are strong for a wine & spirits distribution company.

The ratings could be downgraded if Winebow's operating performance
weakens, debt/EBITDA is maintained above 7.5x, EBITDA less capital
expenditures to interest expense is below 1.25x, or liquidity
weakens. Shareholder returns or debt financed acquisitions prior to
reducing leverage could also result in a downgrade.

The ratings could be upgraded if Winebow sustains organic revenue
and profit growth, FCF/debt is greater than 5%, debt/EBITDA is
maintained below 6.0x, and EBITDA less capital expenditures to
interest expense is above 2.5x.

Headquartered in Richmond, Virginia, The Winebow Group, LLC is a
distributor and importer of fine wines and craft spirits primarily
in the Northeast, Mid-Atlantic, Southeast, Midwest, and Western
United States. The company was formed by the June 2014 merger
between Winebow, Inc. and The Vintner Group, Inc, and is jointly
owned by Brazos Partners and Brockway Moran. Sales approximate $725
million on a pro-forma basis.

The principal methodology used in these ratings was Retail Industry
published in October 2015.


WTE S&S AG: Court Extends Plan Filing Deadline to Aug. 22
---------------------------------------------------------
The Honorable Donald R. Cassing has extended WTE S&S AG Enterprises
LLC's exclusive right to file a Chapter 11 plan and solicit
acceptances for that plan through August 22, 2017 and October 22,
2017, respectively.

As previously reported by The Troubled Company Reporter, the Debtor
insisted that requiring it to propose a bankruptcy plan before the
conclusion of its breach of contract complaint against GHD, Inc.
aka DVO Inc. will only result in unnecessary administrative claims
arising in connection with a plan that will have to be modified
based on the results in that litigation.  

Under the complaint, the Debtor sought damages of more than $2
million from DVO for numerous errors and ommissions in the design
and construction of the Digester. The litigation was initiated in
2013 in a Wisconsin state court, which was later transferred to the
Bankruptcy Court.  The Debtor said the trial in the litigation has
just been completed and the Bankruptcy Court is expected to render
a decision soon.  

The Debtor added that while it need not prevail in the Litigation
in order to implement an exit strategy from the Chapter 11 case,
the results of the Litigation will have a major impact upon the
actual terms and conditions of the Plan.  

                  About WTE-S&S AG Enterprises LLC

WTE-S&S AG Enterprises, LLC, is a limited liability company formed
for the purpose of constructing an anaerobic digester on the
largest dairy farm in Door County, Wisconsin, so as to generate
electricity from harnessing methane extracted from animal waste.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. N.D.
Ill. Case No. 16-09913) on March 23, 2016.  The petition was
signed by James G. Philip, manager and designated representative.
The Debtor is represented by David K. Welch, Esq., at Crane,
Heyrnan, Simon, Welch & Clar.  The case is assigned to Judge Donald
R. Cassling.  The Debtor estimated both assets and liabilities in
the range of $1 million to $10 million at the time of the filing.


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McGinnis-Tscherne
   Bankr. E.D.N.Y. Case No. 17-41538
      Chapter 11 Petition filed March 30, 2017
         represented by: Matthew M. Cabrera, Esq.
                         E-mail: mcabecf@mcablaw.com

In re Adirondack Auto Brokers, Inc.
   Bankr. N.D.N.Y. Case No. 17-10562
      Chapter 11 Petition filed March 30, 2017
         See http://bankrupt.com/misc/nysb17-10562.pdf
         represented by: Richard H. Weiskopf, Esq.
                         THE DELORENZO LAW FIRM
                         E-mail: Rweiskopf@delolaw.com

In re Rocky's Bella Pizza Corp
   Bankr. S.D.N.Y. Case No. 17-10811
      Chapter 11 Petition filed March 30, 2017
         See http://bankrupt.com/misc/nysb17-10811.pdf
         represented by: Robert J. Musso, Esq.
                         ROSENBERG, MUSSO & WEINER, LLP
                         E-mail: courts@nybankruptcy.net

In re Bruce Kaufman
   Bankr. S.D.N.Y. Case No. 17-22487
      Chapter 11 Petition filed March 30, 2017
         See http://bankrupt.com/misc/nysb17-22487.pdf
         represented by: Arlene Gordon-Oliver, Esq.
                         ARLENE GORDON-OLIVER & ASSOCIATES, PLLC
                         E-mail: ago@gordonoliverlaw.com

In re Bonnie Bandas Delgado
   Bankr. D.P.R. Case No. 17-02199
      Chapter 11 Petition filed March 30, 2017
         represented by: Teresa M Lube Capo, Esq.
                         LUBE & SOTO LAW OFFICES PSC
                         E-mail: lubeysoto@gmail.com

In re Club Mothership NP
   Bankr. S.D. Tex. Case No. 17-31856
      Chapter 11 Petition filed March 30, 2017
         See http://bankrupt.com/misc/txsb17-31856.pdf
         represented by: Reese W. Baker, Esq.
                         BAKER & ASSOCIATES
                         E-mail: courtdocs@bakerassociates.net

In re Z Lights and Furniture
   Bankr. E.D. Va. Case No. 17-11066
      Chapter 11 Petition filed March 30, 2017
         See http://bankrupt.com/misc/vaeb17-11066.pdf
         represented by: Jeffrey M. Sherman, Esq.
                         LAW OFFICES OF JEFFREY M. SHERMAN
                         E-mail: jeffreymsherman@gmail.com

In re Paul Joe
   Bankr. W.D. Wash. Case No. 17-41216
      Chapter 11 Petition filed March 30, 2017
         represented by: Nicholas J Henderson, Esq.
                         MOTSCHENBACHER & BLATTNER LLP
                         E-mail: nhenderson@portlaw.com

In re Carnell Rodgers
   Bankr. C.D. Cal. Case No. 17-10840
      Chapter 11 Petition filed March 31, 2017
         represented by: Kevin Tang, Esq.
                         TANG & ASSOCIATES
                         E-mail: tangkevin911@gmail.com

In re Robert Holton Donehew
   Bankr. N.D. Fla. Case No. 17-50121
      Chapter 11 Petition filed March 31, 2017
         represented by: Charles M. Wynn, Esq.
                         CHARLES M. WYNN LAW OFFICES, P.A.
                         E-mail: candy@wynnlaw-fl.com

In re Waffles N Wings LLC
   Bankr. N.D. Ga. Case No. 17-55914
      Chapter 11 Petition filed March 31, 2017
         Filed Pro Se

In re Anthony M. Montemurro and Virginia J. Montemurro
   Bankr. N.D. Ill. Case No. 17-10230
      Chapter 11 Petition filed March 31, 2017
         represented by: Scott R. Clar, Esq.
                         CRANE HEYMAN SIMON WELCH & CLAR
                         E-mail: sclar@craneheyman.com

In re Hatch Enterprise, Inc.
   Bankr. E.D. Mich. Case No. 17-30834
      Chapter 11 Petition filed March 31, 2017
         See http://bankrupt.com/misc/mieb17-30834.pdf
         represented by: Scott Kwiatkowski, Esq.
                         GOLDSTEIN BERSHAD & FRIED PC
                         E-mail: scott@bk-lawyer.net

In re Shelby R. Glazer
   Bankr. E.D. Mich. Case No. 17-44805
      Chapter 11 Petition filed March 31, 2017
         represented by: John C. Lange, Esq.
                         GOLD, LANGE & MAJOROS, PC
                         E-mail: jlange@glmpc.com

In re 5310 BAYHAM, LLC
   Bankr. E.D. Mich. Case No. 17-44836
      Chapter 11 Petition filed March 31, 2017
         See http://bankrupt.com/misc/mieb17-44836.pdf
         represented by: Ethan D. Dunn, Esq.
                         MAXWELL DUNN, PLC
                         E-mail: bankruptcy@maxwelldunnlaw.com

In re Anthony Vincent Wolke
   Bankr. D.N.J. Case No. 17-16451
      Chapter 11 Petition filed March 31, 2017
         represented by: Adrian Johnson, Esq.
                         LAW FIRM OF DIAZ & ASSOCIATES, P.A.
                         E-mail: evanf@diazlawnow.com

In re Abel Hernandez
   Bankr. D.N.J. Case No. 17-16556
      Chapter 11 Petition filed March 31, 2017
         represented by: David L. Stevens, Esq.
                         SCURA, WIGFIELD, HEYER & STEVENS
                         E-mail: dstevens@scuramealey.com

In re 221 Beach 28th, LLC
   Bankr. E.D.N.Y. Case No. 17-71886
      Chapter 11 Petition filed March 31, 2017
         See http://bankrupt.com/misc/flnb17-71886.pdf
         represented by: Nigel E. Blackman, Esq.
                         BLACKMAN & MELVILLE, PC
                         E-mail: nigel@bmlawonline.com

In re 23 Innovations Inc.
   Bankr. S.D.N.Y. Case No. 17-10837
      Chapter 11 Petition filed March 31, 2017
         See http://bankrupt.com/misc/nysb17-10837.pdf
         represented by: Brian G. Hannon, Esq.
                         NORGAARD O'BOYLE
                         E-mail: bhannon@norgaardfirm.com

In re Yes Food LLC
   Bankr. S.D.N.Y. Case No. 17-10839
      Chapter 11 Petition filed March 31, 2017
         See http://bankrupt.com/misc/nysb17-10839.pdf
         represented by: Brian G. Hannon, Esq.
                         NORGAARD O'BOYLE
                         E-mail: bhannon@norgaardfirm.com

In re Westchester Neurological Consultant, PC
   Bankr. S.D.N.Y. Case No. 17-22508
      Chapter 11 Petition filed March 31, 2017
         See http://bankrupt.com/misc/nysb17-22508.pdf
         represented by: Anne J. Penachio, Esq.
                         PENACHIO MALARA LLP
                         E-mail: apenachio@pmlawllp.com

In re New Wave Laboratory Services, LLC
   Bankr. E.D. Tex. Case No. 17-40653
      Chapter 11 Petition filed March 31, 2017
         See http://bankrupt.com/misc/txeb17-40653.pdf
         represented by: Dennis Olson, Esq.
                         OLSON NICOUD & GUECK, L.L.P.
                         E-mail: denniso@dallas-law.com

In re Johnnie Lynn Hartwell and LuJean Hartwell
   Bankr. N.D. Tex. Case No. 17-20105
      Chapter 11 Petition filed March 31, 2017
         See http://bankrupt.com/misc/txnb17-20105.pdf
         represented by: David R. Langston, Esq.
                         MULLIN, HOARD & BROWN
                         E-mail: drl@mhba.com

In re Sanders Elite Training Performance
   Bankr. M.D. Fla. Case No. 17-01140
      Chapter 11 Petition filed April 1, 2017
         See http://bankrupt.com/misc/flmb17-01140.pdf
         represented by: Thomas C. Adam, Esq.
                         ADAM LAW GROUP, P.A.
                         E-mail: tadam@adamlawgroup.com

In re Rain Tree Healthcare of Winston Salem, LLC
   Bankr. M.D.N.C. Case No. 17-50375
      Chapter 11 Petition filed April 1, 2017
         See http://bankrupt.com/misc/ncmb17-50375.pdf
         represented by: Robert Lewis, Jr., Esq.
                         GORDON & MELUN, PLLC
                         E-mail: rlewis@gorlaw.com

In re Omega Funding LLC
   Bankr. W.D. Wash. Case No. 17-11529
      Chapter 11 Petition filed April 2, 2017
         See http://bankrupt.com/misc/wawb17-11529.pdf
         represented by: James E. Dickmeyer, Esq.
                         LAW OFFICE OF JAMES E. DICKMEYER PC
                         E-mail: jim@jdlaw.net


                            *********

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 ***