TCR_Public/170529.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Monday, May 29, 2017, Vol. 21, No. 148

                            Headlines

135 WEST 13: Hires Robinson Brog as Counsel
186-14 WILLIAMSON: Names Alan Stein as Attorney
21ST CENTURY ONCOLOGY: Updated Chapter 11 Case Summary
24 HOUR FITNESS: Moody's Alters Outlook to Negative; Affirms B2 CFR
2490 US 1: Has Court's Nod to Use Cash Collateral

A. WADE BLACK: Case Summary & 3 Unsecured Creditors
ADVANCED PAIN: Ch. 11 Trustee Hires Tydings as Bankruptcy Counsel
AIRMEDIA GROUP: Receives NASDAQ Notice on Delayed Form 20-F Filing
AMERICAN DREAM: Wants to Use Cash Collateral Until October
APP HOLDINGS: Moody's Assigns B3 CFR & Rates $325MM Term Loan Caa1

APP HOLDINGS: S&P Assigns 'B' CCR & Rates New $325MM Term Loan 'B'
AQUA LIFE CORP: Hires Azan as Accountant and Bookkeeper
AQUION ENERGY: Proposes Bluesky-Led Auction for Battery Tech Assets
ARCONIC INC: Interim CEO to Receive $91,667 Monthly Salary
ARCONIC INC: Reaches Resolution with Elliott to End Proxy Contest

ARTEL LLC: Moody's Assigns Caa2-PD/LD Prob. of Default Rating
ARTESYN EMBEDDED: Moody's Lowers CFR to B2; Outlook Negative
AVAYA INC: Granted 60-Day Plan Exclusivity Extension
AVAYA INC: Networking Biz Sold to Extreme Networks, Auction Nixed
AVAYA INC: Plan Disclosures Hearing Adjourned One Month

B&B BACHRACH: Taps Greenberg Glusker as Legal Counsel
BARONG LLC: Hires Kutner Brinen as Counsel
BATON ROUGE CREDIT: Creditors Panel Hires Baringer as Attorney
BCP RAPTOR: Moody's Assigns B3 CFR; Outlook Positive
BE MY GUEST: Unsecureds to Recover Up to 15% Under Exit Plan

BELIEVERS BIBLE: Seeks October 2 Exclusive Plan Filing Extension
BELLA LOGISTICS: Taps Villa & White as Counsel
BENFER STORAGE: U.S. Trustee Unable to Appoint Committee
BENNIGAN'S SADDLEBROOK: Hires Scott Goldstein as Counsel
BIOSTAGE INC: To Present Plan to Avoid Nasdaq Delisting

BISHOP GORMAN: Hires Fox Rothschild as Counsel
BISHOP GORMAN: Hires Greenberg Traurig as Special Counsel
BISHOP GORMAN: Hires Wallace Neumann as Accountant
BREITBURN ENERGY: Hires Littler Mendelson as Litigation Counsel
BRIGHT MOUNTAIN: Incurs $685,000 Net Loss in First Quarter

BRITISH MOTORCARS: Committee Taps Winthrop Couchot as Counsel
BUDDY WARREN: Taps Kasen & Kasen as Legal Counsel
BULOVA TECHNOLOGIES: Posts $8.50 Million Q2 Net Income
CA REAL ESTATE: Case Summary & 20 Largest Unsecured Creditors
CAMPBELLTON-GRACEVILLE: Hires Lubell Rosen as Special Counsel

CARDINAL LOCAL SD: Moody's Affirms B1 Rating on $6.9MM GOULT Debt
CARL MERKLE: Seay and Chapparo Buying Property for $1.33M
CAROL LLOYD: Wants to Use Cash Collateral Until June 14
CARRIE STEFANI: Sale of Hoboken Property for $1.2M Approved
CBAK ENERGY: Incurs $2.06 Million Net Loss in First Quarter

CCH JOHN: Court Says Motion For Cash Collateral Use Moot
CDR HRB: S&P Revises Outlook to Negative & Affirms 'B' CCR
CENTRAL GROCERS: Gets Interim OK for New $205M Bankruptcy Loan
CHARLOTTE RUSSE: Moody's Cuts CFR to Caa1, Outlook Negative
CHINA FISHERY: Seeks OK of $20M Intercompany Bankr. Financing

CHINA NATURAL: Receives NASDAQ Notice on Delayed Form 20-F Filing
CHOUDRIES INC: Chapter 11 Trustee Taps R.B. Hill as Accountant
CLAYTON WILLIAMS: Moody's Withdraws All Ratings Over Noble Deal
CORE COMMUNICATIONS: Hires Offit Kurman as Counsel
CROSBY US: Moody's Cuts CFR to Caa2; Outlook Stable

CYTORI THERAPEUTICS: Stockholders Elect Seven Directors
DAWSON INTERNATIONAL: Hires Deloitte as Tax Advisor
DELAWARE SPORTS: Taps Hiller Law as Legal Counsel
DENBURY RESOURCES: Moody's Hikes CFR to Caa1; Outlook Stable
DENTON HARDWOODS: Court Denies Bid for Cash Collateral Use

DR. LUIS A VINAS: Wants to Continue Using Cash Collateral
DRAFT BARS: Hires Christine A. Roberts as Bankruptcy Counsel
E&I HOLDINGS: Hires Clean Water as Consultant
EAGAN AVENATTI: Hires Baker & Hostetler as Counsel
EAGLECLAW MIDSTREAM: S&P Assigns 'B+' CCR; Outlook Stable

EMERALD COAST: Taps Northwest Florida Auction Group as Auctioneer
ERNEST VICKNAIR: Selling LSU Football Tickets and Parking Passes
ESPLANADE HL: Has Access to FMB Cash Collateral Until July 2
ESTRATEGIAS EN VALORES: Chapter 15 Case Summary
ESTRATEGIAS EN VALORES: Probe Into US$220M Fraud Still Ongoing

ESTRATEGIAS EN VALORES: Seeks Recognition of Colombian Liquidation
FAYETTE COUNTY BANK: FDIC Appointed as Receiver
FIDELITY & GUARANTY: Moody's Affirms Ba2 Sr. Unsec. Debt Rating
FLOOR AND DECOR: Moody's Revises Outlook to Pos. & Affirms B2 CFR
FLOUR MOUNTAIN: Case Summary & 20 Largest Unsecured Creditors

FREEDOM COMMUNICATIONS: Intends to File Ch. 11 Plan by Aug. 28
FULLCIRCLE REGISTRY: Reports $170K Net Loss for First Quarter
GARDNER DENVER: S&P Raises CCR to 'B+', Off CreditWatch Positive
GENON ENERGY: S&P Lowers ICR to 'CC' Amid Planned Debt Exchange
GENTLEPRO HOME: Can Continue Using IRS Cash Collateral Thru Aug. 24

GO DADDY: S&P Affirms 'BB-' CCR; Outlook Negative
GOLDEN TOUCH COMMERCIAL: Hires Galloway Wettermark as Counsel
GRACIOUS HOME: Proposes Auction to Beat June 30 Plan Deadline
GRIER BROS: Hires Henry F. Sell, Jr. as Co-counsel
GTT COMMUNICATIONS: New Notes Offer No Impact on Moody's B2 CFR

GTT COMMUNICATIONS: S&P Puts Debt's 'B+' Rating on Watch Pos.
HAIMIL REALTY: Sale of New York Condo Unit for $2.7M Approved
HAMMOND'S TRANSPORTATION: Case Summary & Top Unsecured Creditors
HHGREGG INC: Wants to Retain 38 Non-Insider Employees Under KERP
HIGH PLAINS: Seeks Interim Authorization to Use Cash Collateral

I-LIGHTING LLC: Taps Tydings & Rosenberg as Legal Counsel
ICAGEN INC: Incurs $806,000 Net Loss in First Quarter
III EXPLORATION: Plan Filing Exclusivity Extended Until May 31
INFORMATION SOLUTIONS: Hires Forrester & Worth as Attorney
J.J. BAKER: Files Chapter 11 Liquidating Plan

KATY INDUSTRIES: U.S. Trustee Forms 7-Member Committee
KE KAILANI: Taps Shafferman & Feldman as Legal Counsel
KEMPLON MARINE: Has Interim Authority to Use PFG Cash Collateral
KEMPLON MARINE: Wants to Use Paragon Financial's Cash Collateral
L & B CONSTRUCTION: Foreclosure Auction on June 23

LA RIVIERA: Voluntary Chapter 11 Case Summary
LAMPLIGHT CONDOMINIUM: Taps Comer & Company as Accountant
LANE FAMILY: Wants Access to Cash Collateral Through Sept. 30
LARKIN EXCAVATING: Taps Evans & Mullinix as Legal Counsel
LILY ROBOTICS: DA Objects to Proposed Customer Refunds Process

M.O.R. PRINTING: Can Continue Access to Collateral Until May 31
MACK INDUSTRIES: Trustee Taps Jenner & Block as Legal Counsel
MARSH SUPERMARKETS: Taps Young Conaway as Legal Counsel
MAXUS ENERGY: Madison Buying De Minimis Assets for $317K
MAXUS ENERGY: MoFo Touts Succesful Restructuring of Debtor Client

METRO NEWSPAPER: Creditors Panel Hires Lowenstein as Counsel
MICROSEMI CORP: S&P Lowers Sr. Secured Securities Rating to BB-
NECHE LLC: Hires Christine A. Roberts as Counsel
NEPHROGENEX INC: Reorganization Plan Declared Effective on May 24
NEW ATRIUM: Trustee Taps Maxwell Law Group as Legal Counsel

NEW YORK INTERNET: Cleareon Buying All Assets for $400K
NORTHERN BERKSHIRE: Payouts Done; Nonprofit Gets $1.07M Endowment
OLIVE BRANCH: Plan Outline Okayed, Plan Hearing on July 12
ON-CALL STAFFING: Plan Filing Deadline Extended Through July 25
OPTIMA SPECIALTY: Plan Outline Approved, June 29 Conf. Hrg. Set

OPTIMA SPECIALTY: Workers Union Object to Disclosure Statement
ORANGE ACRES: Wants Authorization on Cash Collateral Use
ORANGE SANITATION: Taps Familetti Law Firm as Legal Counsel
PAYLESS HOLDINGS: Claims Bar Date Set for June 19
PERFORMANCE SPORTS: Wants Plan Filing Period Moved to Aug. 28

PFO GLOBAL: Seeks Case Conversion into Chapter 7 Proceeding
PITTSFIELD DEVELOPMENT: Selling Chicago Building Interest for $17M
POTOBAC LLC: Hires Atlantic Auctions as Real Estate Auctioneer
PROFESSIONAL RESOURCE: Case Summary & 20 Top Unsecured Creditors
RAIN TREE: Further Hearing on Cash Use on June 1

RAYONIER AM: Moody's Puts Ba3 CFR Under Review for Downgrade
REONAC ENERGY: First Creditors Meeting on June 7 in Montreal
RUPARI FOOD: Commences 2nd Lawsuit on Tony Roma's Licensing Issue
SANCTUARY CARE: Managing Member Intends to File Chapter 11 Plan
SANDFORD AND SON: Jones Buying Philadelphia Property for $147K

SANDFORD AND SON: Proposes $175K Private Sale of Property
SEARCHMETRICS INC: Taps JND Corporate as Administrative Agent
SEFCAK LLP: Plan Outline Okayed, Plan Hearing on June 5
SEINEYARD INC: Taps Thomas Woodward as Legal Counsel
SISU TOO: Hires Kutner Brinen as Counsel

SM PROPERTY HOLDINGS: Hires Kutner Brinen as Counsel
SOYNUT BUTTER: Files for Chapter 7 Amid E. Coli Crisis
STEWART DUDLEY: Magnify Selling Panama City Condo Unit for $168K
STNMM LLC: Case Summary & Unsecured Creditor
STONEWALL FARM: Plan Outline Okayed, Plan Hearing on July 12

SUBDIVISION OF SILVER: U.S. Trustee Unable to Appoint Committee
SUNSHINE HOME: Has Interim Approval to Use IRS Cash Collateral
SUPERIOR LINEN: Las Vegas Linen Buying All Assets for $1.9M
TALOS PRODUCTION: Moody's Withdraws Caa1 Corporate Family Rating
TARPON DYNAMIC: Settlement With Bank for Sale of Properties Okayed

TD MANUFACTURING: Asks For Court OK to Use Cash Collateral
TELEXFREE LLC: $1.83M Judgment by Consent vs S. Rodrigues Entered
TEMBEC INC: S&P Puts 'B' CCR on CreditWatch Positive
TEMBEC INDUSTRIES: Moody's Puts B2 CFR Under Review for Upgrade
TIDEWATER INC: Hires Epiq as Administrative Advisors

TIDEWATER INC: Hires Jones Walker as Corporate Counsel
TIDEWATER INC: Hires KPMG as Tax Consultants
TOTAL OFFICE-GSA: Seeks Interim Authority to Use Cash Collateral
TRADER MURPHY: Taps Grimble & LoGuidice as Legal Counsel
TRAMMELL FAMILY LAKE: Wants to Move Plan Filing Period to Aug. 31

TRC COS: S&P Affirms 'B' Rating on Sr. Sec. Credit Facilities
TRINET HR: S&P Affirms 'B+' CCR & Revises Outlook to Positive
US DATAWORKS: Gets Final Court Approval of $150K Financing
US DATAWORKS: U.S. Trustee Unable to Appoint Committee
US SHIPPING: S&P Lowers CCR to 'B-' on Weaker Performance

VP LITTCO: Hires Timothy C. Wilson as Accountant
WEBSTER RESTAURANTS: U.S. Trustee Unable to Appoint Committee
WESTECH CAPITAL: Files 2nd Amended Disclosure Statement
WESTINGHOUSE ELECTRIC: Sale of Derry Property for $921K Approved
WILLOW BEND: Hires Fletcher & Associates as Accountant

WINEBOW GROUP: S&P Lowers CCR to 'B-' on Higher Leverage
WK MANAGEMENT: U.S. Trustee Unable to Appoint Committee
WONDERWORK INC: Exclusive Plan Filing Period Extended to Aug. 26
ZACHRY HOLDINGS: Moody's Revises Outlook Stable & Affirms B1 CFR
[*] 24th Annual Distressed Investing Conference - Nov. 27, 2017

[*] House Passes Bill for Addition of 4 Bankruptcy Judgeships
[^] BOND PRICING: For the Week from May 22 to 26, 2017

                            *********

135 WEST 13: Hires Robinson Brog as Counsel
-------------------------------------------
135 West 13 LLC, seeks authority from the U.S. Bankruptcy Court for
the Southern District of New York to employ Robinson Brog Leinwand
Greene Genovese & Gluck P.C., as counsel to the Debtor.

135 West 13 requires Robinson Brog to:

   (a) provide advice to the Debtor with respect to its powers
       and duties under the Bankruptcy Code in the continued
       operation of its business and the management of its
       property;

   (b) negotiate with creditors of the Debtor, preparing a plan
       of reorganization and taking the necessary legal steps to
       consummate a plan, including, if necessary, negotiations
       with respect to financing a plan;

   (c) appear before the various taxing authorities to work out
       a plan to pay taxes owing in installments;

   (d) prepare on the Debtor's behalf necessary applications,
       motions, answers, replies, discovery requests, forms of
       orders, reports and other pleadings and legal documents;

   (e) appear before the Court to protect the interests of the
       Debtor and its estate, and representing the Debtor in all
       matters pending before the Court;

   (f) perform all other legal services for the Debtor that may
       be necessary herein; and

   (g) assist the Debtor in connection with all aspects of the
       Chapter 11 case.

Robinson Brog will be paid at these hourly rates:

     Shareholders                   $400-$675
     Associates                     $250-$465
     Paralegal                      $175-$300

In connection with the filing of the chapter 11 case, Robinson Brog
received a payment of $36,717 from the Debtor. Robinson Brog
performed services on the Debtors' behalf in connection with the
preparation of the bankruptcy filings and billed the Debtor
prepetition for such services in the amount of $11,168.50.

Robinson Brog now holds a retainer of $25,548.50, which will be
applied towards postpetition fees and expense.

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

Fred B. Ringel, shareholder of Robinson Brog Leinwand Greene
Genovese & Gluck P.C., assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtor and its estates.

Robinson Brog can be reached at:

     Fred B. Ringel, Esq.
     ROBINSON BROG LEINWAND GREENE GENOVESE & GLUCK P.C.
     875 Third Avenue
     New York, NY 10022
     Tel: (212) 603-6300

                   About 135 West 13 LLC

135 West 13 LLC, based in New York, NY, filed a Chapter 11 petition
(Bankr. S.D.N.Y. Case No. 17-11371) on May 17, 2017. Fred B.
Ringel, Esq., at Robinson Brog Leinwand Greene Genovese & Gluck
P.C., serves as bankruptcy counsel.

135 West 13 LLC is the owner and operator of two residential
properties located in Manhattan at 133 West 13th Street and 135
West 13th Street, New York, New York. The properties are
multi-family rentals properties with a mix of rent stabilized and
non-rent stabilized units. The properties contain a total of 12
units.

The Debtor's bankruptcy filing was precipitated by a foreclosure
action commenced by its mortgagee Village Realty Holdings LLC. In
connection with the foreclosure action, the Debtor and its secured
creditor executed a forbearance agreement dated Sept. 22, 2016.
Under the terms of the forbearance agreement, the Debtor was
entitled to a period of time to sell the property and satisfy the
obligations owing to the secured creditor.  However, in the event
the Debtor was unable to sell the properties during the forbearance
period, it was expressly contemplated and agreed that the
properties could be sold in a Chapter 11 case pursuant to Section
363 or under a plan of reorganization within certain
post-forbearance time frame set forth in that agreement. This case
has been commenced for the Debtor to avail itself of the bargained
for sale period in accordance with the provisions set forth in the
forbearance agreement.

In its petition, the Debtor estimated $15.02 million in assets and
$13.34 million in liabilities. The petition was signed by Max
Dolgicer, member.


186-14 WILLIAMSON: Names Alan Stein as Attorney
-----------------------------------------------
186-14 Williamson Ave., Corp. seeks authorization from the U.S.
Bankruptcy Court for the Eastern District of New York to employ the
Law Office of Alan C. Stein, P.C. as attorney.

The Debtor requires the law firm to:

   (a) provide legal advice with respect to the powers and duties
       of the Debtor-In-Possession in the continued management of
       its business and property;

   (b) represent the Debtor before the Bankruptcy Court and at all

       hearings on matters pertaining to its affairs, as Debtor-
       In-Possession, including prosecuting and defending
       litigated matters as they may arise during the Chapter 11
       case;

   (c) advise and assist the Debtor in the preparation and
       negotiation of a Plan of Reorganization with its creditors;

       and

   (d) perform all other legal services for the Debtor which may
       be desirable and necessary.

The law firm will be paid at these hourly rates:

       Alan C. Stein, Partner        $400
       Ilana Sacher, Paralegals      $150

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

The Debtor has caused the Firm to be paid an $8,000 retainer to be
applied against future fees of the Firm incurred by the Debtor in
connection with the conduct of these proceedings plus $1,717 for
the filing fee.

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

The law firm can be reached at:

       Alan C. Stein, Esq.
       LAW OFFICE OF ALAN C. STEIN, P.C.
       7600 Jericho Turnpike, Suite 308
       Woodbury, N.Y. 11797
       Tel: (516) 932-1800
       Fax: (516) 932-0220
       E-mail: alan@alanstein.net

                  About 186-14 Williamson Ave.

186-14 Williamson Ave., Corp. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. E.D.N.Y. Case No. 17-70603) on February
2, 2017.  

On February 3, 2017, the Debtor re-filed its petition (Bankr.
E.D.N.Y. Case No. 17-40503).  The petition was signed by Robin
Eshaghpour, president.  A copy of the petition is available for
free at https://is.gd/dzfpHH

The case is assigned to Judge Nancy Hershey Lord.  

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


21ST CENTURY ONCOLOGY: Updated Chapter 11 Case Summary
------------------------------------------------------
Affiliates of 21st Century Oncology Investments, LLC, that have
sought Chapter 11 protection:

  Debtor                                               Case No.
  ------                                               --------
  New York Radiation Therapy Management Services, LLC  17-22769
      aka New York Radiation Therapy
      Management Services, Incorporated
      aka NYRTMS, LLC
      aka 21st Century Oncology
  2270 Colonial Blvd.
  Fort Myers, FL 33907

  21st Century Oncology Holdings, Inc.                 17-22770
  21C East Florida, LLC                                17-22771
  21st Century of Florida Acquisition, LLC             17-22772
  21st Century Oncology, Inc.                          17-22773
  21st Century Oncology, LLC                           17-22774
  21st Century Oncology Management Services, Inc.      17-22775
  21st Century Oncology of Alabama, LLC                17-22776
  21st Century Oncology of Harford County, Maryland    17-22777
  21st Century Oncology of Jacksonville, LLC           17-22778
  21st Century Oncology of Kentucky, LLC               17-22779
  21st Century Oncology of New Jersey, Inc.            17-22780
  21st Century Oncology of Pennsylvania, Inc.          17-22781
  21st Century Oncology of Prince Georges County, Ma   17-22782
  21st Century Oncology of South Carolina, LLC         17-22783
  21st Century Oncology of Washington, LLC             17-22784
  21st Century Oncology Services, LLC                  17-22785
  AHLC, LLC                                            17-22786
  American Consolidated Technologies, L.L.C.           17-22787
  Arizona Radiation Therapy Management Services, Inc   17-22788
  Asheville CC, LLC                                    17-22789
  Associates In Radiation Oncology Services, LLC       17-22790
  Atlantic Urology Clinics, LLC                        17-22791
  Aurora Technology Development, LLC                   17-22792
  Berlin Radiation Therapy Treatment Center, LLC       17-22793
  Boynton Beach Radiation Oncology, L.L.C.             17-22794
  California Radiation Therapy Management Services,    17-22795
  Carepoint Health Solutions, LLC                      17-22796
  Carolina Radiation and Cancer Treatment Center, LLC  17-22798
  Carolina Regional Cancer Center, LLC                 17-22799
  Derm-Rad Investment Company, LLC                     17-22800
  Devoto Construction of Southwest Florida, Inc.       17-22801
  Financial Services of Southwest Florida, LLC         17-22802
  Fountain Valley & Anaheim Radiation Oncology Center  17-22803
  Gettysburg Radiation, LLC                            17-22804
  Goldsboro Radiation Therapy Services, LLC            17-22805
  Jacksonville Radiation Therapy Services, LLC         17-22806
  Maryland Radiation Therapy Management Services, LLC  17-22807
  MD International Investments, LLC                    17-22808
  Medical Developers, LLC                              17-22809
  Michigan Radiation Therapy Management Services, Inc  17-22811
  Nevada Radiation Therapy Management Services         17-22812
  New England Radiation Therapy Management Services    17-22813
  North Carolina Radiation Therapy Management Service  17-22814
  OnCure Holdings, Inc.                                17-22815
  OnCure Medical Corp.                                 17-22816
  Palms West Radiation Therapy, L.L.C.                 17-22817
  Phoenix Management Company, LLC                      17-22818
  Radiation Therapy School For Radiation Therapy       17-22819
  Radiation Therapy Services International, Inc.       17-22820
  RVCC, LLC                                            17-22821
  Sampson Accelerator, LLC                             17-22822
  Sampson Simulator, LLC                               17-22823
  SFRO Holdings, LLC                                   17-22824
  South Florida Medicine, LLC                          17-22825
  South Florida Radiation Oncology, LLC                17-22826
  Treasure Coast Medicine, LLC                         17-22827
  U.S. Cancer Care, Inc.                               17-22828
  USCC Florida Acquisition, LLC                        17-22829
  West Virginia Radiation Therapy Services, Inc.       17-22830

  21st Century Oncology Investments, LLC               17-22839
     fdba Radiation Therapy Investments, LLC
  2270 Colonial Blvd.
  Fort Myers, FL 33907

21st Century Oncology Investments' Estimated Assets: $0 to $50,000


21st Century Oncology Investments' Estimated Debts: $50,000 to
$100,000

The petition was signed by Steven Della Rocca, secretary.


24 HOUR FITNESS: Moody's Alters Outlook to Negative; Affirms B2 CFR
-------------------------------------------------------------------
Moody's Investors Service changed its rating outlook for 24 Hour
Fitness Worldwide Inc. to negative from stable. At the same time,
Moody's affirmed its B2 Corporate Family Rating and B2-PD
Probability of Default Rating for the company, as well as the Ba3
ratings for its Senior Secured Bank Credit Facilities and the Caa1
rating for its Senior Unsecured Notes.

"The change in rating outlook to negative acknowledges 24 Hour
Fitness' meaningful underperformance relative to Moody's original
expectations, due to both slower net new club growth and a weakly
performing acquisition completed in late 2014, which have
contributed to elevated financial risk that is expected to
persist," according to Maggie Taylor, Moody's Senior Vice President
and lead analyst for the company. "Moody's also expect rising
minimum wage rates to pressure earnings in 2017-18 and beyond, as
67% of the 24 Hour Fitness store base resides in markets that have
enacted meaningful increases and with labor representing one of the
most sizable components of the company's cost base," added Taylor.

The following summarizes Moody's ratings and rating actions for 24
Hour Fitness Worldwide, Inc.:

-- Corporate Family Rating, affirmed B2

-- Probability of Default Rating, affirmed B2-PD

-- Senior Secured Bank Credit Facilities, affirmed Ba3 (LGD 2)

-- Senior Unsecured Regular Bond/Debenture, affirmed Caa1 (LGD 5)

-- Outlook, changed to Negative from Stable

RATINGS RATIONALE

24 Hour Fitness Worldwide, Inc.'s B2 Corporate Family Rating (CFR)
broadly reflects the elevated financial risk associated with the
company's high leverage and weak interest coverage. At March 31,
2017, Moody's-adjusted Debt-to-EBITDA was 6.3 times, and
EBITA-to-Interest Expense was 1.1 times. The rating is constrained
by 24 Hour Fitness' high regional concentration, with more than 52%
of its clubs located in California and 75% within just three
states. Moreover, the rating reflects the highly fragmented and
intense competitive landscape of the fitness club industry sector,
as exacerbated of late by rapid unit growth amongst certain value
priced operators. The rating also acknowledges the ownership of 24
Hour Fitness by a financial sponsor. While its owners have not
taken any dividends since acquiring 24 Hour Fitness in 2014,
Moody's believes the lower than expected growth realized to date
could result in more aggressive actions by its financial sponsor
owners in future periods. The rating is supported by the company's
good liquidity profile, which will allow it to fund new club
openings in 2017 without increasing debt levels. The rating also
encompasses 24 Hour Fitness' high-teen percentage EBITA margins,
its modestly positive comparable club revenue growth, and a
well-recognized brand name in its core markets.

Ratings could be upgraded should 24 Hour Fitness continue to
generate consistent positive comparable club sales growth while
improving earnings such that Debt-to-EBITDA is sustained below 4.5
times. An upgrade would also require positive free cash flow and a
good liquidity profile, both on a sustained basis.

Ratings could be downgraded should 24 Hour Fitness be unable to
grow its earnings such that EBITA-to-Interest Expense is expected
to at least approach 1.25 times. Ratings could also be downgraded
should the company experience negative comparable club sales
growth, or if free cash flow weakens, or liquidity deteriorates.

24 Hour Fitness Worldwide, Inc. is a leading owner and operator of
fitness centers in the US. As of March 31, 2017, the company
operated 426 clubs serving approximately 3.6 million members across
13 states and 23 markets, predominantly in California, Texas and
Colorado. For the 12 months ended March 31, 2017, the company
generated total revenue of about $1.4 billion. In May 2014, 24 Hour
Fitness was acquired by affiliates of AEA Investors LP, Fitness
Capital Partners and Ontario Teachers' Pension Plan for a total
purchase price of approximately $1.8 billion.

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


2490 US 1: Has Court's Nod to Use Cash Collateral
-------------------------------------------------
The Hon. Jerry A. Funk of the U.S. Bankruptcy Court for the Middle
District of Florida has authorized 2490 US 1, LLC, to use cash
collateral.

The debtor-in-possession may pay its monthly invoices.  In
addition, the Debtor-in-Possession will pay adequate protection
payments as follows:

     Iberia Bank: $3,600
     SBA: $1,000
     St. Johns Tax Collector: $476.94

The payments provided for will be due on or before the 9th of each
month until a closing on the sale of Debtor's real estate at which
time the creditors will be paid in full.

The payment to Iberia Bank should be sent to Burr & Forman, LLP,
c/o Michael S. Waskiewicz, 50 North Laura Street, Suite 3000,
Jacksonville, Florida 32202.  The payment to SBA should be sent to
US Small Business Administration, Commercial Loan Servicing, 2120
Riverfront Drive, Suite 100, Little Rock, Arizona 72202-1794.  The
payment to St. Johns Tax Collector should be made out to the St.
Johns County Tax Collector, and sent to the St. Johns County Tax
Collector, P.O. Box 9001, St. Augustine, Florida 32085-9001.

                          About 2490 US 1

2490 US 1, LLC fdba 2498 US 1, LLC, based in Palm Coast, FL, filed
a Chapter 11 petition (Bankr. M.D. Fla. Case No. 16-02622) on July
11, 2016.  The Debtor disclosed total assets at $1.36 million and
total liabilities at $1.57 million.  The petition was signed by
Sherry Arnett, president.

The Debtor engaged Robert Altman, Esq., at Robert Altman, P.A., as
counsel.  The Debtor tapped Daniel F. McEntee of CPA Associates,
LLP, as accountant.

The U.S. Trustee informs the Court that a committee of unsecured
creditors has not been appointed in the Chapter 11 case of 2490 US
1, LLC, due to insufficient response to the U.S. Trustee
communication/contact for service on the committee.


A. WADE BLACK: Case Summary & 3 Unsecured Creditors
---------------------------------------------------
Debtor: A. Wade Black Revocable Trust
        6331 Lupton Drive
        Dallas, TX 75225

Case No.: 17-32053

Type of Debtor: Business Trust

Chapter 11 Petition Date: May 25, 2017

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

Judge: Hon. Harlin DeWayne Hale

Debtor's Counsel: Eric A. Liepins, Esq.
                  ERIC A. LIEPINS, P.C.
                  12770 Coit Rd., Suite 1100
                  Dallas, TX 75251
                  Tel: (972) 991-5591
                  E-mail: eric@ealpc.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by A. Wade Black, trustee.

A copy of the Debtor's list of three unsecured creditors is
available for free at http://bankrupt.com/misc/txnb17-32053.pdf


ADVANCED PAIN: Ch. 11 Trustee Hires Tydings as Bankruptcy Counsel
-----------------------------------------------------------------
Alan M. Grochal, the Chapter 11 Trustee of Advanced Pain Management
Services, LLC, seeks authority from the U.S. Bankruptcy Court for
the District of Maryland to employ Tydings and Rosenberg LLP, as
general bankruptcy counsel to the Trustee.

The Trustee requires Tydings to:

   a. investigate and liquidate the Debtor's interest in all
      property of the estate;

   b. investigate and prosecute claims and causes of action;

   c. advise the Trustee on healthcare regulatory issues;

   d. advise the Trustee on ERISA issues;

   e. advise the Trustee on lease and executory contract issues;

   f. assist the Trustee with examining proofs of claim and
      objecting to the allowance of any claim where purpose would
      be served in doing so;

   g. prepare any necessary applications, answers, orders,
      reports and other legal papers, and appearing on the
      Trustee's behalf in proceedings instituted by or against
      the Trustee or the Bankruptcy Estate; and

   h. perform other legal services for the Trustee which may be
      necessary and beneficial to the Bankruptcy Estate.

Tydings will be paid at these hourly rates:

     Partners                   $375-$575
     Associates                 $250-$330
     Paraprofessionals          $160

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

Alan M. Grochal, partner of Tydings and Rosenberg 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 Trustee, the Debtor and its
estates.

Tydings can be reached at:

     Alan M. Grochal, Esq.
     TYDINGS & ROSENBERG LLP
     100 East Pratt Street, 26th Floor
     Baltimore, MD 21202
     Tel: (410) 752-9700
     E-mail: agrochal@tydingslaw.com

         About Advanced Pain Management Services, LLC

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 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. At the time of filing,
the Debtor disclosed $1.84 million in total assets and $2.50
million in total liabilities.

The Kentucky case was assigned to Judge Thomas H. Fulton.  The
Debtor was represented by James Edwin McGhee, III, Esq. at Kaplan &
Partners LLP.

On May 1, 2017, the W.D. Kentucky bankruptcy court granted an
Agreed Motion filed by the Debtor and creditor SunTrust Bank to
transfer the case to the Maryland bankruptcy court.

Advanced Pain filed a Chapter 11 bankruptcy petition (Bankr. D. Md.
Case No. 17-16047) on May 1, 2017, disclosing under $1 million in
both assets and liabilities.  The petition was filed pro se.

Bankruptcy Judge Thomas J Catliota presides over the Maryland case.
The Court appointed Alan M. Grochal as Chapter 11 Trustee.


AIRMEDIA GROUP: Receives NASDAQ Notice on Delayed Form 20-F Filing
------------------------------------------------------------------
AirMedia Group Inc. on May 23, 2017, disclosed that it has received
a letter dated May 18, 2017 (the "Deficiency Letter") from The
NASDAQ Stock Market, Inc. ("NASDAQ") notifying the Company that it
is not in compliance with NASDAQ Listing Rule 5250(c)(1) for
continued listing because its annual report on Form 20-F for the
year ended December 31, 2016 (the "Annual Report") was not filed on
a timely basis with the Securities and Exchange Commission.

Under NASDAQ Listing Rule 5810(c)(2)(F)(i), the Company has until
July 17, 2017 (that is, 60 calendar days from the date of the
Deficiency Letter) to submit to NASDAQ a plan to regain compliance
with the NASDAQ Listing Rules (the "Compliance Plan").  The Company
intends to submit the Compliance Plan as soon as practicable.

Under NASDAQ Listing Rule 5810(c)(2)(F)(ii), if NASDAQ accepts the
Compliance Plan, NASDAQ can grant the Company an exception until
November 14, 2017 the latest (that is, up to 180 calendar days from
the extended due date of the Annual Report) to regain compliance.
The Company is currently in the process of transitioning to a new
independent registered public accounting firm that will require
additional time to conduct an audit of the Company's financial
statements for the year ended December 31, 2016.  The Company
intends to file the Annual Report as soon as practicable.

The Deficiency Letter has no immediate impact on the listing of the
Company's ordinary shares represented by American depositary shares
on the Nasdaq Global Market under the symbol "AMCN."

This announcement is made in compliance with NASDAQ Listing Rule
5810(b), which requires prompt disclosure of receipt of a
deficiency notification.

                          About AirMedia

AirMedia Group Inc. (Nasdaq: AMCN) -- http://www.airmedia.net.cn--
is an operator of out-of-home advertising platforms in China
targeting mid-to-high-end consumers as well as a first-mover in the
travel Wi-Fi market.  AirMedia sells advertisements on the routes
operated by several Chinese airlines and at Sinopec's service
stations in China.  AirMedia also has concession rights to operate
the Wi-Fi systems on trains administered by eight railway
administrative bureaus in China as well as on many long-haul buses
in China.


AMERICAN DREAM: Wants to Use Cash Collateral Until October
----------------------------------------------------------
The American Dream Today, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Northern District of Georgia to use cash
collateral and to make adequate protection payments.

On June 25, 2013, the Debtor executed or executed a promissory note
in favor of Metro Cornerstone, Inc., in the principal amount of
$55,000.  Concurrent with the execution of the Promissory Note,
Debtor executed a security deed and agreement in which Debtor
pledged to, inter alia, all rents income, revenues, and profits
from the real property located at 1495 Ralph Davide Abernathy
Boulevard in Atlanta, Georgia.  The Property is a commercial
property that generates rental and other income.

Metro Cornerstone has, or may have, a valid and perfected interest
in Debtor's rental income, the security interest is an interest in
Cash Collateral.  

The Debtor conducts business and requires the use of the Cash
Collateral in the ordinary course of the operation of Debtor's
business.  The Debtor seeks court authorization, pursuant to use
Cash Collateral to pay its reasonable and customary expenses for
the operation of its business.  The Debtor requires the immediate
use of Cash Collateral on an interim basis for the payment of
ordinary expenses incurred on a daily basis that are essential to
the ongoing operation of Debtor's business, which expenses must be
paid from Cash Collateral.  Without the use of Cash Collateral,
Debtor will be unable to operate the business and reorganize.

The proposed budget provides for the projected income and expenses
for the period of May to October 2017:

             May    June    July     Aug     Sept    Oct
             ---    ----    ----     ---     ----    ---
Income     $5,700  $5,700  $5,700  $5,700  $6,800  $6,800
Expenses   $4,979  $4,979  $4,979  $4,979  $4,979  $4,979
           ------  ------  ------  ------  ------  ------
Net Income   $721    $721    $721    $721  $1,821  $1,821

Copies of the Motion and Budget are available at:

           http://bankrupt.com/misc/ganb17-57810-12.pdf
           http://bankrupt.com/misc/ganb17-57810-12-1.pdf

The American Dream Today, Inc., is a non-profit corporation that
provides transitional housing and treatment series for homeless men
and to facilitate responsible re-entry into society.

American Dream Today filed a Chapter 11 petition (Bankr. N.D. Ga.
Case No. 17-bk-57810) on May 1, 2017.  Edward F. Danowitz, Esq., at
Danowitz Legal, P.C., serves as the Debtor's bankruptcy counsel.


APP HOLDINGS: Moody's Assigns B3 CFR & Rates $325MM Term Loan Caa1
------------------------------------------------------------------
Moody's Investors Service has assigned first-time ratings to APP
Holdings LP (Plasman), consisting of a B3 corporate family rating
(CFR), a B3-PD probability of default rating (PDR), and a Caa1
second lien secured rating to its proposed $325 million term loan B
(TLB) issue. The ratings outlook is stable.

Plasman's proposed financing is comprised of a C$50 million secured
ABL revolving facility and the TLB, which will be used to fund
repayment of Plasman's existing debt and fund a US$72 million
dividend to shareholders.

The following summarizes rating action and Plasman's ratings:

Issuer: APP Holdings LP

Corporate Family Rating, Assigned B3

Probability of Default Rating, Assigned B3-PD

US$325 Million Senior Second Lien Secured Term Loan B, Assigned
Caa1 (LGD4)

Outlook, Assigned Stable

RATINGS RATIONALE

Plasman's B3 CFR reflects the company's small scale, narrow focus
on automotive exterior plastic trim, pro-forma negative
shareholder's equity as a result of ongoing dividends paid to its
private equity owner, a level of customer concentration, operating
within a cyclical industry, with some offset provided by
long-standing customer relationships and good revenue visibility.
Much of Plasman's growth has resulted from three acquisitions
completed between 2014 and 2016, highlighting the event risk of
ongoing acquisitions against Moody's expectation of flat automotive
demand. Adjusted leverage for Plasman will be approximately 5x at
the end of 2017 following the refinancing and special dividend,
which might be close to valuation multiples of some portions of the
sector.

Plasman has adequate liquidity. The company had a small cash
balance of approximately C$10 million at March 31, 2017 and the
company will have a C$50 million ABL revolver committed to 2022
which is expected to be largely undrawn. Free cash flow will be
positive in 2017, excluding the US$71 million dividend to be
distributed to shareholders and funded as part of the refinancing.
The senior secured term loan will contain a total leverage ratio
that Moody's expects will have adequate covenant cushions.
Substantially all of Plasman's assets are pledged as collateral
which limits flexibility to raise additional funds should the need
arise.

Plasman's US$325 million senior secured TLB is rated Caa1, one
notch below the B3 CFR, due to its subordinated position to the
company's C$50 million ABL and SEK200 million revolving credit
facilities. Since approximately 70% of the capital structured is
secured debt, the TLB has only a small pool of unsecured debt
obligations, such as lease rejection claims and remainder payables,
ranking behind it, which weakens relative recovery prospects.

The stable rating outlook reflects Moody's expectation that
Plasman's high percentage of contracted revenue will allow the
company to generate free cash flow following its refinancing and
leverage will trend below 5x past 2017.

The ratings could be upgraded to B2 if Plasman is able to
demonstrate a less aggressive financial policy, specifically
establishing a track record of not leveraging itself to pay
dividends, while sustaining EBITA/interest above 2x and adjusted
debt/EBITDA below 5x.

The ratings could be downgraded to Caa1 if there is a deterioration
in liquidity, likely due to negative free cash flow generation on a
consistent basis, or if Moody's were to expect deterioration in
operating performance arising from volume declines or margin
contraction such that adjusted Debt/EBITDA is moves towards 7x
(4.7x at Q1/17).

APP Holdings LP ("Plasman") is a full-service supplier of exterior
plastic trim, fascia and precision components and systems to global
automotive manufacturers. The Company is headquartered in Windsor,
Ontario and has been owned by Insight Equity since 2011. Plasman's
subsidiaries manufacture plastic exterior trim, chrome finishing of
plastic trim, and painted exteriors for the North American and
European automotive industry, along with the molds and tools used
for the production of components.

The principal methodology used in these ratings was Global
Automotive Supplier Industry published in June 2016.


APP HOLDINGS: S&P Assigns 'B' CCR & Rates New $325MM Term Loan 'B'
------------------------------------------------------------------
S&P Global Ratings said it assigned its 'B' long-term corporate
credit rating to Windsor, Ont.-based automotive supplier APP
Holdings L.P.  The outlook is stable.

At the same time, S&P Global Ratings assigned its 'B' issue-level
rating and '3' recovery rating to the company's and co-borrower
A.P. Plasman Inc.'s proposed US$325 million senior secured term
loan B due Dec. 31, 2022.  The '3' recovery rating indicates S&P's
expectation for meaningful (50%-70%; rounded estimate 65%) recovery
in the event of default.

"Our ratings primarily reflect the company's small scale and modest
operating breadth relative to global automotive part suppliers,
which more than offsets what we consider favorable demand trends in
APP's key end markets," said S&P Global Ratings credit analyst
Alessio Di Francesco.  "The ratings also incorporate the company's
private equity ownership, which we believe will keep leverage at
relatively high levels," Mr. Di Francesco added.

APP is a supplier of exterior trim, fascia, and precision
components and systems to the automotive industry.  The company has
several facilities in North America and Europe, with a customer
base composed of leading global automotive original equipment
manufacturers (OEMs) and Tier 1 suppliers.

S&P views APP as a small player in the global automotive supply
market.  S&P expects the company will generate less than
C$1 billion of revenue in 2017, with less than 10% of the North
American and European exterior plastic trim markets.  S&P also
believes the company has a narrow scope with operations
concentrated in the exterior trim market.  S&P considers this
market highly fragmented, with limited technical differentiators
relative to more specialized product segments such as
turbochargers, advanced powertrains, or active safety components.
In S&P's opinion, these characteristics provide negligible pricing
power over the company's considerably larger OEM and Tier 1
customers.  In addition, S&P believes APP has high customer
concentration.  More than half of the company's sales are generated
from three customers and the loss of a key customer on future
orders could have a significant impact on business. Furthermore,
S&P believes APP faces some execution risk in the next couple of
years as it integrates its European business (the company acquired
Plastal Industri AB in May 2016, which S&P expects will account for
about one-third of consolidated revenues in 2017), the start-up of
new capacity in Mexico, and the launch of several new platforms in
North America.

The stable outlook reflects S&P's expectation that adjusted
debt-to-EBITDA will be 4.5x-5.0x and adjusted FFO-to-debt will be
12%-14% over the next 12 months.  This incorporates S&P's view that
the company's pro forma adjusted EBITDA will be relatively flat in
2017 and increase into 2018 and that the company will not issue any
additional debt.

S&P could lower the ratings on APP over the next 12 months if S&P
expects the company to continue to generate free cash flow deficits
beyond this year, or if its adjusted debt-to-EBITDA approaches 6x.
In this scenario, S&P would expect unanticipated disruptions from
program launches, weaker-than-expected economic conditions that
stifle light vehicle demand, or a large debt-funded acquisition or
distribution.

Consideration for an upgrade would require APP to commit to
sustaining adjusted debt-to-EBITDA of about 4x with low risk, and
that leverage will increase above 5x.  S&P believes this is
unlikely within the next 12 months and incorporates its view that
the company's private equity ownership creates some uncertainty in
APP's long-term leverage profile based on S&P's view of the
company's short-term investment horizon and use of debt to maximize
returns.


AQUA LIFE CORP: Hires Azan as Accountant and Bookkeeper
-------------------------------------------------------
Aqua Life Corp., d/b/a Pinch-A-Penny #43, seeks authority from the
U.S. Bankruptcy Court for the Southern District of Florida to
employ Reinaldo L. Azan, CPA, as accountant and bookkeeper to the
Debtor.

Aqua Life Corp. requires Azan to assist the Debtor with
bookkeeping, preparing tax returns, reviewing the Debtor's books
and records, and providing financial advice.

Azan's compensation shall not exceed $450 per month.  Azan will
also be reimbursed for reasonable out-of-pocket expenses incurred.

Reinaldo L. Azan, sole owner of Reinaldo L. Azan, CPA, 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.

Azan can be reached at:

     Reinaldo L. Azan
     REINALDO L. AZAN, CPA
     1005 S.W. 87th Avenue
     Miami, FL 33174
     Tel: (305) 445-8400

                   About Aqua Life Corp.

Aqua Life Corp., which conducts business under the name of
Pinch-A-Penny #43, filed a Chapter 11 petition (Bankr. S.D. Fla.
Case No. 17-15918) on May 10, 2017. The petition was signed by
Raymond E. Ibarra, vice-president. At the time of filing, the
Debtor had $1.07 million in assets and $2.49 million in
liabilities.

The case is assigned to Judge Robert A Mark.

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


AQUION ENERGY: Proposes Bluesky-Led Auction for Battery Tech Assets
-------------------------------------------------------------------
Aquion Energy, Inc., asks the U.S. Bankruptcy Court for the
District of Delaware to authorize the asset purchase agreement and
bid procedures in connection with the sale of its manufacturing
operations, and substantially all of their other business assets
and property associated with its battery technology to stalking
horse purchaser Bluesky Energy US, Inc., for $2,800,000, in
addition to the assumption of certain liabilities and subject to
certain adjustments, subject to overbid.

In May 2014, the Debtor entered into a secured loan agreement with
Trinity Capital Fund II, L.P. as lender or any successor or
assignee thereof in such capacity to provide term loans totaling up
to $20 million.  The obligations that Master Loan and Security
Agreement, dated as of May 1, 2014, as amended, supplemented or
otherwise modified from time to time prior to the date of the
Motion ("Trinity Loan Agreement"), mature on the last day of the
42nd month following the date of the initial term note.

All of the obligations owing to Trinity under the Trinity Loan
Agreement are asserted to be secured by liens ("Prepetition Liens")
on substantially all of the Debtor's assets ("Prepetition
Collateral"), including Cash Collateral.  The Prepetition Liens are
subject to certain "Permitted Liens," which include, among other
items: (i) purchase money security interests or liens in connection
with operating or capital leases for equipment and loans for
equipment not exceeding $12,000,000 in principal amount outstanding
at any time; (ii) liens on accounts receivables or inventory
securing working capital debt facilities not to exceed $5,000,000
in principal amount outstanding at any time; and (iii) liens
securing certain permitted scheduled debt.

As of the Petition Date, the Debtor's obligations under the Trinity
Loan Agreement totaled no more than $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 million).

Pursuant to the Interim Cash Collateral Order entered by the Court
on March 10, 2017, Trinity is provided the Replacement Lien and,
solely to the extent of any diminution in value of its collateral,
an additional and replacement security interest in and lien on all
property and assets of the Debtor's estate.  Certain creditors have
also asserted liens on certain of the Debtor's equipment.

In October 2016, the Debtor engaged Citi Global Markets, Inc., as
investment bankers to undertake a marketing process for the Debtor,
its assets or to raise additional capital.  During Citi's
engagement, the Debtor attracted several interested parties, but
Citi was unsuccessful in attracting a buyer or obtaining a capital
raise.  The Debtor's management, however, continued its marketing
efforts through and subsequent to the Petition Date.

In April 2017, the Stalking Horse Purchaser submitted a letter of
intent to buy the Debtor's business.  Shortly thereafter, the
Debtor negotiated and, at arm's length, entered into the Purchase
Agreement with the Stalking Horse Purchaser, pursuant to which it
will acquire the Assets on the terms and conditions specified in
the Purchase Agreement.

In connection with the Purchase Agreement, the Stalking Horse
Purchaser has submitted a deposit in the amount of $280,000, which
deposit will be nonrefundable upon termination of the Purchase
Agreement by reason of the Stalking Horse Purchaser's default of
its material obligations under the Purchase Agreement and,
conversely, refundable as provided for in the Purchase Agreement.
The sale transaction pursuant to the Purchase Agreement is subject
to competitive bidding as set forth and in the Bid Procedures, and
the Bid Procedures Order.

Pursuant to the terms of the Purchase Agreement, the Stalking Horse
Purchaser has agreed to purchase the Assets for $2,800,000, in
addition to the assumption of certain liabilities set forth in the
Purchase Agreement and subject to certain adjustments.  The
Stalking Horse Purchaser entered into the Purchase Agreement in
contemplation of the Court's approval of a Breakup Fee in the
amount of $126,000 to compensate the Stalking Horse Purchaser for
its time and effort in examining the Debtor's business, conducting
due diligence, and the loss of opportunity that such time and
effort has caused should another bidder be the Successful Bidder
rather than the Stalking Horse Purchaser.  The Debtor, in the
exercise of its business judgment and in return for the value
provided by the Stalking Horse Purchaser's offer, believes that the
Breakup Fee is a necessary inducement for the stalking horse bid,
and thus, necessary to establish a "floor" for the sale of the
Assets and ultimately encourage competitive bidding and promote the
realization of the highest value for the Assets.

The salient terms of the Bid Procedures are:

   a. Purchased Assets: The Debtor is offering for sale the Assets,
which generally consist of the manufacturing operations,
substantially all of the Debtor's other business assets and
property associated with its battery technology.

   b. Bid Deadline: June 16, 2017 by noon (PET)

   c. The Stalking Horse Purchaser is a Qualified Bidder.

   d. Good Faith Deposit: Not less than 10% of the Bidder's offer

   e. Minimum Bid: Not less than $3,026,000

   f. Initial Overbid: $100,000

   g. Breakup Fee: $126,000

   h. Auction: The Auction commences at 10:00 a.m. (PET) on June
20, 2017 at the offices of Pachulski Stang Ziehl & Jones LLP, 919
N. Market St., 17th Floor, Wilmington, Delaware.

   i. Bid Increments: $50,000

   j. The sale of the Assets will be on an "as is, where is" basis
and without representations or warranties of any kind, nature; and
free and clear of any liens, claims, and encumbrances.

   k. Sale Hearing: The Debtor has requested that the Sale Hearing
occurs on June 21, 2017 at 2:00 (PET).

   l. Sale Objection Deadline: June 16, 2017, by 4:00 p.m. (PET)

   m. Closing: The closing will take place in accordance with terms
of the Purchase Agreement or the asset purchase agreement of the
Successful Bidder, approved by the Court at the Sale Hearing.

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

      http://bankrupt.com/misc/Aquion_Energy_168_Sales.pdf

The Debtor believes that the Bid Procedures will encourage bidding
for the Assets and are consistent with the relevant standards
governing auction proceedings and bidding incentives in bankruptcy
proceedings.  Accordingly, the proposed Bid Procedures are
reasonable, appropriate, and within the Debtor's sound business
judgment.

The Debtor asks the Court to approve the assumption and assignment
of the Assumed Executory Contracts to be identified on schedules to
the Purchase Agreement, or alternatively, identified pursuant the
Successful Bidder's asset purchase agreement.  Only those Assumed
Executory Contracts assumed as of the closing of the Sale will be
required to be cured.  Objections, if any, to the assumption and
assignment of an Assumed Executory Contracts must be filed no later
than 4:00 p.m. (PET) on June 16, 2017.

The Debtor has determined that the Sale of the Assets by public
auction will enable them to obtain the highest and best offer for
these Assets and is in the best interests of the Debtor's
creditors.  In particular, the Purchase Agreement is the result of
comprehensive arm's-length negotiations for the Sale of the Assets
and the Sale pursuant to the terms of the Purchase Agreement,
subject to higher or otherwise better offers at the Auction, will
provide a greater recovery for the Debtor's creditors than would be
provided by any other existing alternative.  Accordingly, the
Debtor asks the Court to approve the relief sought.

The Debtor further asks the Court to waive the 14-day stay periods
under Bankruptcy Rules 6004(h) and 6006(d); or, in the alternative,
if an objection to the Sale is filed, reduces the stay period to
the minimum amount of time needed by the objecting party to file
its appeal.

The Purchaser can be reached at:

          BLUESKY ENERGY US, INC.
          c/o BlueSky Energy Entwicklungs- und Produktions GmbH
          Fornacher Strabe 23
          4870 Vocklamarkt, Austria
          Attn: Thomas Krausse
          Facsimile: +43 720-010188-50
          E-mail: T.Krausse@bluesky-energy.eu

The Purchaser is represented by:

          BARNES & THORNBURG LLP
          One North Wacker Drive, Suite 4400
          Chicago, IL 60606-2833
          Facsimile: (312) 759-5646
          E-mail: kevin.driscoll@btlaw.com

                        About Aquion Energy

Pittsburgh, Pa.-based Aquion Energy Inc. manufactures saltwater
Batteries with a proprietary, environmentally-friendly
electrochemical design.  Aquion was founded in 2008 and had its
first commercial product launch in 2014.  Designed for stationary
energy storage in pristine environments, island locations, homes,
and businesses, its batteries have been Cradle to Cradle Certified,
an environmental sustainability certification that has never
previously been given to a battery producer.

Aquion Energy filed a Chapter 11 petition (Bankr. D. Del. Case No.
17-10500) on March 8, 2017.  Suzanne B. Roski, the CRO, signed the
petition.  The Debtor estimated $10 million to $50 million in
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.

The official committee of unsecured creditors formed in the case
has retained Lowenstein Sandler LLP as counsel, and Klehr Harrison
Harvey Branzburg LLP as Delaware co-counsel.


ARCONIC INC: Interim CEO to Receive $91,667 Monthly Salary
----------------------------------------------------------
Arconic Inc. and David P. Hess entered into a letter agreement
governing the terms of the compensation arrangement for Mr. Hess in
his role as interim chief executive officer of the Company.

As disclosed in a regulatory filing with the Securities and
Exchange Commission, the terms of Mr. Hess's compensation
arrangement include a monthly salary of $91,667, participation in
the Company's benefit plans (other than the Executive Severance
Plan and Change in Control Severance Plan) on the terms applicable
to senior executives generally, and reimbursement of
business-related expenses and reasonable living expenses incurred
by Mr. Hess while performing services in New York, New York.  Mr.
Hess will also receive an income tax make-whole payment to the
extent that such reimbursements are taxable income to him.  

In addition, the Company and Mr. Hess entered into a
confidentiality, non-competition and non-solicitation agreement
that includes non-competition and employee and customer
non-solicitation covenants which apply during Mr. Hess's employment
as interim chief executive officer and for one year following his
termination of employment (subject to certain exceptions, in the
case of the non-competition covenant).

                       About Arconic Inc.

New York-based Arconic Inc. (NYSE: ARNC), formerly Alcoa Inc., is
engaged in lightweight metals engineering and manufacturing.
Arconic's products, which include aluminum, titanium, and nickel,
are used worldwide in aerospace, automotive, commercial
transportation, packaging, building and construction, oil and gas,
defense, consumer electronics, and industrial applications.

Arconic reported a net loss of $941 million for the year ended Dec.
31, 2016, following a net loss of $322 million in 2015.

As of March 31, 2017, Arconic had $20.15 billion in total assets,
$14.66 billion in total liabilities, and $5.49 billion in total
equity.


ARCONIC INC: Reaches Resolution with Elliott to End Proxy Contest
-----------------------------------------------------------------
Arconic has entered into an agreement with affiliates of Elliott
Management Corporation, which have combined beneficial and economic
ownership of approximately 13.2% of the Company's outstanding
common stock, to resolve the pending proxy contest in connection
with the Company's May 25, 2017, annual meeting of shareholders.

Under the terms of the agreement, Elliott will nominate Christopher
L. Ayers, Elmer L. Doty and Patrice E. Merrin for election as
directors at the upcoming annual meeting, and the Company will
nominate David P. Hess and Ulrich R. Schmidt for election as
directors.  Elliott and the Company have agreed to withdraw their
respective nominations of any other director candidates for
election at the annual meeting.

The Company's Board of Directors issued the following statement
about the agreement:

"We are pleased to have reached a constructive agreement with
Elliott, our largest shareholder, and look forward to working
collaboratively with Elliott to enable Arconic to realize the full
potential of its great businesses.  We are proud of what Arconic
has accomplished to date.  In the weeks and months ahead, we will
recruit a new world-class CEO and select a new permanent Board
Chair.  We expect the new CEO to work with the Board to review
Arconic's strategy and its operations with the goal of optimizing
the Company's strategic plan and associated performance targets."

One of Elliott's director nominees will be added to the CEO search
committee and Elliott will have the opportunity to engage
collaboratively with the CEO search committee and meet with
candidates as the Board manages the search and selection process.
The mandate of the CEO search committee is to identify a
world-class leader for Arconic.  It will consider a number of
candidates, including Larry Lawson.

Dave Miller, senior portfolio manager of Elliott, said, "Elliott
greatly appreciates the support received from other Arconic
shareholders throughout this contest, and we would like to express
our profound gratitude to those shareholders.  We commend and thank
the Arconic Board for demonstrating its responsiveness to the
Company's shareholders through this agreement.  We believe the
governance improvements and substantial infusion of new
perspectives and talent into the Board announced today -- with
highly qualified directors being drawn from both the Elliott and
Company cards -- will successfully position Arconic to realize its
immense potential.  We look forward to working collaboratively with
the CEO search committee and the Board to ensure that Arconic has
the right leadership at this critical juncture of its evolution."

The agreement between the Company and Elliott will be filed with
the U.S. Securities and Exchange Commission.

In addition, the Company announced that L. Rafael Reif, an Arconic
director since 2015, has resigned as a Board member and that the
Board has appointed James "Jim" F. Albaugh, who was a candidate
previously nominated by Arconic for election at the annual meeting,
to fill the resulting vacancy on the Board, with such resignation
and appointment to be effective immediately following the 2017
annual meeting.

The Board remarked, "Rafael has been a valued colleague and member
of this Board, helping to lead our oversight of the
transformational separation that created today's Arconic.  On
behalf of the shareholders and the entire Board, we sincerely thank
him for all his efforts and energy."

The Company also announced that it will be working to reincorporate
in Delaware by the end of this year, and the certificate of
incorporation and bylaws of the resulting Delaware corporation will
provide for an annually elected Board and contain no provisions
requiring a supermajority shareholder vote.

                       About Arconic Inc.

New York-based Arconic Inc. (NYSE: ARNC), formerly Alcoa Inc., is
engaged in lightweight metals engineering and manufacturing.
Arconic's products, which include aluminum, titanium, and nickel,
are used worldwide in aerospace, automotive, commercial
transportation, packaging, building and construction, oil and gas,
defense, consumer electronics, and industrial applications.

Arconic reported a net loss of $941 million for the year ended Dec.
31, 2016, following a net loss of $322 million for the year ended
Dec. 31, 2015.  As of March 31, 2017, Arconic had $20.15 billion in
total assets, $14.66 billion in total liabilities and $5.49 billion
in total equity.


ARTEL LLC: Moody's Assigns Caa2-PD/LD Prob. of Default Rating
-------------------------------------------------------------
Moody's Investors Service has assigned a limited default (LD)
indicator to the Probability of Default rating of Artel, LLC, to
Caa2-PD/LD from Caa2-PD.

In April, Artel refinanced its bank loan facility that was due
later this year. In conjunction with a new bank facility, holders
of Artel's other debt, the $10 million pay-in-kind subordinated
notes due 2018 (around $15 million accreted value at December
2016), agreed to extend maturity to 2022. The notes became an
obligation of, parent, Artel Holdings, LLC.

In Moody's view the note maturity extension represented a
distressed exchange because loss and default avoidance were present
as part of the extension.

Since the company no longer has any rated debt, all its ratings
will be withdrawn. For further information, please refer to Moody's
withdrawal policy on www.moodys.com.

Artel, LLC designs and delivers managed network services involving
land-based and commercial satellite capacity to US government
customers. The company is majority-owned by the financial sponsors
TPG Growth, LLC and Torch Hill Investment Partners LLC. For 2016
revenues of, Artel Holdings, LLC, were $124 million.

The principal methodology used in these ratings/analysis was Global
Aerospace and Defense Industry published in April 2014.


ARTESYN EMBEDDED: Moody's Lowers CFR to B2; Outlook Negative
------------------------------------------------------------
Moody's Investors Service downgraded the ratings of Artesyn
Embedded Technologies, Inc., including the Corporate Family Rating
(CFR) to B2 from B1 and the Probability of Default Rating to B2-PD
from B1-PD. Concurrently, Moody's downgraded the rating on the
company's senior secured notes due 2020 to B3 from B2. The ratings
outlook is stable.

Moody's downgraded the following ratings of Artesyn Embedded
Technologies, Inc.:

Corporate Family Rating, to B2 from B1

Probability of Default Rating, to B2-PD from B1-PD

Senior secured notes due 2020, to B3 (LGD-5) from B2 (LGD-5)

Outlook: Stable

RATINGS RATIONALE

The ratings downgrade is due to Moody's expectation that operating
performance and leverage metrics will continue to be more in line
with the B2 CFR rating level over the intermediate term. The
company has experienced top line revenue pressure with revenues
declining to $1.1 billion from $1.2 billion over the last two
years. The more recent revenue pressure is emanating from lower
end-market demand in certain of the company's product segments
stemming from softness in its telecom and computing related
business. This decline more than offset growth in the consumer
product-related business during the most recent earnings period.
Margins have also been affected by negative product mix in the
consumer business. Although earnings are expected to improve in the
second half of the year into 2018, financial leverage is
anticipated to remain above 3.5 times with free cash flow
generation not expected to be sufficient to reduce financial
leverage meaningfully. For the last twelve month period ended March
31, 2017, debt/EBITDA (including Moody's standard adjustments)
totaled 3.8x.

Artesyn's B2 CFR considers its technical capabilities,
well-established relationships with major telecom and technology
firms, global presence and a competitive cost structure. These
strengths are counterbalanced by the variability in the company's
earnings from period to period due to its exposure to the highly
cyclical and short-cycle consumer electronics, computing and
telecom businesses. Margins are also thin reflecting the
competitive nature of the industry combined with a leveraged
capital structure. However, the benefits of restructuring actions
are expected to be reflected in moderate margin improvement.

These considerations are tempered by Artesyn's small size relative
to many of its large multinational customers who exercise
considerable economic heft in negotiating terms, which leaves the
company vulnerable to pricing pressure constraining margin growth.
The company's high degree of customer concentration (largest
customer estimated to comprise over a quarter of sales) also acts
as a rating constraint.

Artesyn's liquidity profile is expected to remain adequate over the
next twelve to eighteen months, characterized by expected breakeven
to moderately positive free cash flow generation, cash balances
exceeding $20 million and no near-term principal obligations.
External liquidity is provided by availability under a $115 million
asset-based revolver that expires in November 2018. The facility
contains a springing minimum fixed charge coverage ratio that is
not expected to be triggered due to usage under the facility
expected to fall under the covenant trigger threshold. In addition,
the company has unencumbered assets abroad that serve as an
alternate source of liquidity.

The stable ratings outlook is based on the expectation that the
company will experience modest revenue growth over the next twelve
months with sustained profitability, albeit at relatively low
margins, free cash flow on an annual basis resuming to positive and
continued availability under the company's asset backed revolving
credit facility.

Ratings could be lowered if the company experiences meaningful
deterioration in its margins or continued annual negative free cash
flow, or if debt/EBITDA rises above 5.0 times. In addition,
EBITA/interest falling to below 1.25 times and sustained at that
level could produce downward pressure.

Conversely, revenue growth through the acquisition of new customers
and/or awards, accompanied by a good liquidity profile, such that
debt/EBITDA improves to less than 3.0 times and EBITA/interest
greater than 3.0 times could lead to upward ratings momentum.

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

Artesyn Embedded Technologies, Inc. ("Artesyn") designs and
manufactures power conversion, embedded computing components, and
electronic consumer solutions and technologies. A 51% interest was
acquired by affiliates of Platinum Equity Advisors, LLC (Platinum)
in late 2013 from Emerson Electric Company (Emerson), who retained
the balance of 49%. Artesyn's primary products include application
specific, customized power conversion products, chargers for
consumer applications and microprocessor based boards and systems.
These products are used across a diverse array of end-markets
including telecom, computing & storage, industrial, medical,
military, aerospace and consumer. Sales for the twelve months ended
March 31, 2017 approximated $1.0 billion.


AVAYA INC: Granted 60-Day Plan Exclusivity Extension
----------------------------------------------------
At the hearing on May 25, 2017, Judge Stuart M. Bernstein entered
an order extending Avaya Inc. and its debtor-affiliates' exclusive
period to file a Chapter 11 plan through July 18, 2017, and their
exclusive period to solicit acceptances on the plan to Sept. 16.

The Debtors asked for a Sept. 16 extension of their plan filing
exclusivity and a Nov. 15 extension of their solicitation period.

The Official Committee of Unsecured Creditors, which does not
support the Plan currently proposed by the Debtors, said that a
120-day extension wasn't warranted.  The Committee, however, said
it does not oppose a limited extension of the Exclusivity Periods
to provide the Debtors with an opportunity to try to garner support
from the Committee and other constituents.

The Ad Hoc First Lien Group in a May 16 filing objected to the
Exclusivity Motion, citing the Debtors' complete failure to engage
in substantive plan negotiations with any of their primary
stakeholders before filing a proposed plan on April 13 or since.
The Ad Hoc group said that a much shorter extension of 30 days is
all that is warranted at this time.

After conferring with the Committee and other parties in interest,
the Debtors agreed to reduce the requested extension to 60 days.

                           Viable Plan

The Ad Hoc First Lien Group said on May 16, 2017, that the Debtors
refused to engage in any substantive negotiations with their
primary creditor constituencies before filing the Chapter 11 Plan,
notwithstanding repeated requests by the Ad Hoc First Lien Group.

The Ad Hoc First Lien Group's counsel, Ira S. Dizengoff, Esq., at
Akin Gump Strauss Hauer & Feld LLP, said, "This conduct is
especially alarming in these cases because the Current Plan
requires, and any viable plan will require, first lien creditors to
take a substantial portion of their recovery in the form of equity
in the Reorganized Debtors, thus making their consent to such
treatment a necessary condition for confirmation of any plan.  The
Debtors have acknowledged this fact with the Current Plan proposing
that the holders of first lien debt, who are the Debtors' largest
creditor constituency and owed in excess of $4.6 billion, receive
$1.418 billion in cash or new secured debt of the Reorganized
Debtors and 95% of the equity in Reorganized HoldCo in satisfaction
of their claims.  Yet, as noted by the Debtors in the Disclosure
Statement, a chapter 11 plan cannot be confirmed over the objection
of a secured creditor unless that plan is "fair and equitable" as
required by Bankruptcy Code section 1129(b), and the law is well
settled that satisfaction of a secured creditor's claim in the form
of equity of the reorganized debtor requires acceptance of the plan
by the class composed of such claims and cannot be "crammed down"
on such class."  

Mr. Dizengoff continued, "Prior to filing the Current Plan, the
Debtors were well aware that a majority of first lien creditors
would not agree to their proposed treatment under the Current Plan,
which renders the Current Plan patently unconfirmable.  Rather than
using their initial Exclusive Periods to build consensus around a
confirmable chapter 11 plan, however, the Debtors defiantly filed
the doomed Current Plan, which lacks support from any major
creditor constituency and caters almost exclusively to the
interests of (i) Pension Benefit Guaranty Corporation ("PBGC") and
(ii) the Debtors' equity sponsors and current officers and
directors -- to whom the Debtors propose to gift $330 million in
equity (based on the Debtors' questionable plan valuation) and
grant sweeping releases that are inconsistent with applicable
law."

Members of the Ad Hoc First Lien Group include Anchorage Capital
Group, L.L.C., Apollo Management, LP, Benefit Street Partners LLC,
GSO Capital Partners LP., J.P. Morgan Investment Management Inc.,
and Midtown Acquisitions L.P., and OFI Global Asset Management,
Inc.

The Ad Hoc First Lien Group are comprised of holders certain
indebtedness of Avaya Inc., namely, (i) 62.69% of the $1.009
billion of the total amount outstanding under notes issued pursuant
to an indenture for the 7.00% Senior Secured Notes Due 2019 (the
"7.00% First Lien Notes"); (ii) 58.86% of the $290 million total
amount outstanding under notes issued pursuant to an indenture for
9.00% Senior Secured Notes Due 2019 (the "9.00% First Lien Notes");
(iii) 5.21% of the $1.384 billion total amount outstanding under
notes issued pursuant to an indenture for 10.5% Senior Secured
Notes Due 2021 (the "Second Lien Notes"), and (iv) 51.3% of the
$3.235 billion outstanding under loans issued pursuant to a Third
Amended and Restated Credit Agreement, amended and restated as of
December 12, 2012 (the "Prepetition Cash Flow Term Loans"), (v)
31.28% of the $725 million outstanding under loans issued under the
Debtors' debtor-in-possession financing (the "DIP Facility")
pursuant to a Superpriority Secured Debtor-In-Possession Credit
Agreement, dated as of January 24, 2017.

Counsel to the Ad Hoc First Lien Group:

         Ira S. Dizengoff, Esq.
         Philip C. Dublin, Esq.
         Abid Qureshi, Esq.
         AKIN GUMP STRAUSS HAUER & FELD LLP
         One Bryant Park
         New York, New York 10036
         Tel: (212) 872-1000
         Fax: (212) 872-1002

                     About Avaya Inc.

Avaya Inc., together with its affiliates, is a multinational
company that provides communications products and services,
including, telephone communications, internet telephony, wireless
data communications, real-time video collaboration, contact
centers, and customer relationship software to companies of
various
sizes.  

The Avaya Enterprise serves over 200,000 customers, consisting of
multinational enterprises, small- and medium-sized businesses, and
911 services as well as government organizations operating in a
diverse range of industries.   It has approximately 9,700
employees
worldwide as of Dec. 31, 2016.

Avaya Inc. and 17 of its affiliates sought protection under Chapter
11 of the Bankruptcy Code (Bankr. S.D.N.Y. Lead Case No. 17-10089)
on Jan. 19, 2017.  The petitions were signed by Eric S. Koza, CFA,
chief restructuring officer.  

Judge Stuart M. Bernstein presides over the cases.

The Debtors have hired Kirkland & Ellis LLP as legal counsel;
Centerview Partners LLC as investment banker; Zolfo Cooper LLC as
restructuring advisor; PricewaterhouseCoopers LLP as auditor; KPMG
LLP as tax and accountancy advisor; and The Siegfried Group, LLP
as
financial services consultant.  Prime Clerk LLC is their claims
and
noticing agent.

On Jan. 31, 2017, the U.S. Trustee for Region 2, appointed an
official committee of unsecured creditors.  Morrison & Foerster is
the creditors committee's counsel.

Stroock & Stroock & Lavan LLP and Rothschild, Inc., serve as
advisors to an ad hoc group -- Ad Hoc Crossholder Group --
comprised of holders of the Company's (i) 33.98% of the $3.235
billion total amount outstanding under loans issued pursuant to a
Third Amended and Restated Credit Agreement, amended and restated
as of December 12, 2012 (the "Prepetition Cash Flow Term Loans");
(ii) 28.38% of the $1.009 billion total principal amount
outstanding under notes issued pursuant to an indenture for the
7.00% Senior Secured Notes Due 2019 (the "7.00% First Lien Notes");
(iii) 12.82% of the $290 million total principal amount outstanding
under notes issued pursuant to an indenture for 9.00% Senior
Secured Notes Due 2019 (the "9.00% First Lien Notes"); (iv) 83.70%
of the $1.384 billion total amount outstanding under notes issued
pursuant to an indenture for 10.5% Senior Secured Notes Due 2021
(the "Second Lien Notes"); and (v) 24% of the $725 million
outstanding under loans issued under the Debtors'
debtor-in-possession financing (the "DIP Facility") pursuant to a
Superpriority Secured Debtor-In-Possession Credit Agreement, dated
as of January 24, 2017.


AVAYA INC: Networking Biz Sold to Extreme Networks, Auction Nixed
-----------------------------------------------------------------
Avaya Inc. on Thursday obtained approval from Judge Stuart
Bernstein in Manhattan to sell its networking business to Extreme
Networks Inc. for about $100 million, Jim Christie at Reuters
reports, citing a company spokesman.

The Court approved the sale after resolving objections to the deal,
company spokesman Richard Fly said, according to the report.  He
added that Judge Bernstein is expected to sign the sale order soon
and Avaya will move quickly to wrap up the transaction, the report
added.

Avaya canceled a planned auction for the networking business.

Extreme Networks signed a deal to purchase the networking business
for $100 million, subject to higher and better offers.  The Extreme
Networks deal consists of:

     -- at least approximately $68 million in cash at closing,
        subject to transaction costs and adjustments, including,
        but not limited to, for working capital and deferred
        revenue, as set forth in the Stalking Horse Asset
        Purchase Agreement;

     -- up to approximately $22 million in assumption by the
        Purchaser of future obligations of non-Debtor entities
        under dark leases (with any reduction in the amount to
        be offset by an increase in cash); and

     -- release of up to $10 million in cash from an indemnity
        escrow account one year after closing.

The court-approved bidding procedures set a May 18, 2017, deadline
for qualified bids and an auction, if necessary, for May 23.

John Bosacco, Partner in the Restructuring and Recapitalization
group at Centerview Partners, an investment banking advisory firm
and financial advisor and investment banker for Avaya Inc., said in
a court filing that after contacting 64 potential buyers, they
received two Preliminary Bids, including a joint Preliminary Bid
between a strategic buyer and a financial sponsor, and a separate
Preliminary Bid from a strategic buyer (the "Strategic Preliminary
Bid").

The Joint Preliminary Bid was received by Centerview on April 3,
2017, and indicated a potential purchase price of $105 million,
less the assumption of any non-debtor dark leases, to be financed
with a combination of debt and equity.  Following a period of due
diligence, including access to the same virtual data room provided
to the Stalking Horse Bidder, the financial sponsor determined it
was not interested in submitting a Qualified Bid.  The strategic
buyer was unable to find a different financial sponsor to back a
Qualified Bid, and therefore did not submit a Qualified Bid.

The Strategic Preliminary Bid was received by Centerview on May 11,
2017, and indicated a potential purchase price of $104.75 million,
including the assumption of specified lease obligation liabilities.
The Preliminary Bid indicated the strategic buyer had sufficient
cash to support a transaction at a potential purchase price of
$104.75 million or higher. After a brief period of due diligence,
including access to the same virtual data room provided to the
Stalking Horse Bidder, the strategic buyer indicated it was not
interested in submitting a Qualified Bid.

Because no Qualified Bids were received by the May 18 deadline, the
Debtors determined, in their business judgment, that no auction was
necessary.

                     Contract Parties

In light of the objections to certain contract counterparties, the
Debtors added certain paragraphs to the proposed order submitted to
the bankruptcy court to provide that:

   * Nothing [in the Order] waives, impairs, alters, or otherwise
affects any claims or causes of actions of Westcon Group, Inc., its
subsidiaries and affiliates, including without limitation Voda One
Corp. (collectively "Westcon") arising under the Transferred
Contracts by and among the Debtors and Westcon (the "Westcon
Transferred Contracts"); provided, however, that Westcon shall not
assert any claims or causes of action against the Successful Bidder
that arose under any of the Westcon Transferred Contracts prior to
the Closing. The Debtors shall, as mutually agreed to in writing
among the Debtors and Westcon prior to Closing, (a) pay Westcon its
Cure Payments arising from pre-Closing transactions under any of
the Westcon Transferred Contracts in cash at or before Closing, (b)
provide that any such Cure Payments that are in the form of credit
memoranda issued by the Debtors (collectively, the "Credit Memos",
and each a "Credit Memo") that arise from pre-Closing transactions
under the Westcon Transferred Contracts be applied by Westcon, in
the ordinary course of business against the Retained Mixed-Use
Contracts with the Debtors, irrespective of whether such Credit
Memo is attributable to the Business, or (c) allocate the Cure
Payments among a combination of (a) and (b). Any Credit Memo that
arises from a transaction occurring post-Closing, either on account
of Westcon's Transferred Mixed-Use Contracts or its Retained
Mixed-Use Contracts, shall be issued and owed by the Successful
Bidder or the Debtors, as applicable. With respect to any Westcon
Transferred Contracts between Westcon and any of the Debtors'
non-debtor affiliates, the treatment of pre-Closing Credit Memos
shall be agreed to in the same manner set forth in (a), (b) and (c)
of this Paragraph. To the extent that any dispute arises regarding
the application and/or payment of any pre-Closing Credit Memos owed
to Westcon, the parties shall submit that dispute for resolution to
this Court.

   -- The Debtors are not assuming and assigning to Successful
Bidder any licenses or any other agreements between Avaya Inc. and
SNMP Research International, Inc. or SNMP Research, Inc. (together,
"SNMP Research"), including, but not limited to, the SNMP Research
International License Agreement dated May 5, 2016 (the "SNMP
Research License Agreement"). The Debtors also shall not transfer
or otherwise disclose any Source (as defined in the SNMP Research
License Agreement) obtained, directly or indirectly, from SNMP
Research, in whole or in part, in any way or medium, to Successful
Bidder. Notwithstanding anything in this Order, the Debtors shall
abide by all obligations of the SNMP Research License Agreement,
including the Confidentiality and Non-Disclosure provisions of
Paragraph 10 of the SNMP Research License Agreement.

   -- No provision of this Order, the APA or the Transition
Services Agreement shall authorize the Debtors to use software
licensed under any agreement with SAP America, Inc.,
SuccessFactors, Inc., Business Objects Software Limited, and Ariba,
Inc. (collectively, the "SAP Entities") to provide transition
services to the Successful Bidder; provided, however, that the
provisions of this paragraph shall not prohibit the Debtors from
providing transition services to the Successful Bidder if and to
the extent that such transition services are authorized under the
applicable agreements with the SAP Entities in accordance with
their terms, and provided further that the Debtors remain current
on all post-petition fees owed to the SAP Entities under the
applicable agreements under which any transition services are
provided.

   -- Notwithstanding any other provision of this Order, the Asset
Purchase Agreement or Transition Services Agreement, no agreement
between Oracle Credit Corporation and its affiliate, Oracle
America, Inc., successor in interest to Siebel Systems and Sun
Microsystems, Inc. ("Oracle") and the Debtors will be assumed,
assigned, or transferred, and no shared use by any third party will
be authorized, absent further Court order or Oracle's prior written
consent.  All parties reserve all rights with respect to Oracle's
invocation of consent rights.

   -- Any assignment of any executory contract listed on Exhibit 1
to the Notice of Filing of Second Revised Exhibit 1 to the Form of
the Contract Assumption Notice for the Sale of the Debtors'
Networking Business [Docket No. ___] to which Delta Networks Inc.
or any of its affiliates (collectively, "DNI") is a party
(collectively, the "DNI Contracts") will be on terms as may be
amended by mutual agreement of DNI and the Debtors following the
entry of this Order. Notwithstanding anything to the contrary
herein, nothing in this Order shall limit or affect DNI's right to
object to the assumption and assignment of any DNI Contract prior
to Closing.

   -- Notwithstanding the foregoing or anything to the contrary in
this Order or the APA, the lease agreement relating to the property
known as Building 3 Maidenhead Office Park, Maidenhead, Berkshire
UK dated 20 April 2005 and made between (1) AXA Sun Life Plc (2)
Nortel Networks UK Limited and (3) Maidenhead Office Park
Management Company Limited and including any document which is
supplemental or collateral to it (whether or not expressly stated
to be so) including, without limitation, the lease agreement dated
22 June 1998 and made between (1) AXA Equity & Law Life Assurance
Society PLC (2) Nortel Properties Limited and (3) Nortel PLC,
identified as an "Assumed Lease" in section 1.03(a)(vii) of the
disclosure schedules to the APA, cannot be and is not assumed and
assigned to the Successful Bidder free and clear of any liens,
claims, interests and encumbrances (including any claim or
liability arising out of any breach, misfeasance or under any other
theory related to the conduct of Avaya or of its subsidiaries prior
to the Closing), pursuant to sections 105(a) and 365 of the
Bankruptcy Code or this Order, because such lease agreement is
property of Avaya UK, a non-Debtor
subsidiary of Avaya Inc.

                     About Avaya Inc.

Avaya Inc., together with its affiliates, is a multinational
company that provides communications products and services,
including, telephone communications, internet telephony, wireless
data communications, real-time video collaboration, contact
centers, and customer relationship software to companies of
various
sizes.  

The Avaya Enterprise serves over 200,000 customers, consisting of
multinational enterprises, small- and medium-sized businesses, and
911 services as well as government organizations operating in a
diverse range of industries.   It has approximately 9,700
employees
worldwide as of Dec. 31, 2016.

Avaya Inc. and 17 of its affiliates sought protection under Chapter
11 of the Bankruptcy Code (Bankr. S.D.N.Y. Lead Case No. 17-10089)
on Jan. 19, 2017.  The petitions were signed by Eric S. Koza, CFA,
chief restructuring officer.  

Judge Stuart M. Bernstein presides over the cases.

The Debtors have hired Kirkland & Ellis LLP as legal counsel;
Centerview Partners LLC as investment banker; Zolfo Cooper LLC as
restructuring advisor; PricewaterhouseCoopers LLP as auditor; KPMG
LLP as tax and accountancy advisor; and The Siegfried Group, LLP
as
financial services consultant.  Prime Clerk LLC is the claims and
noticing agent.

On Jan. 31, 2017, the U.S. Trustee for Region 2, appointed an
official committee of unsecured creditors.  Morrison & Foerster is
the creditors committee's counsel.

Stroock & Stroock & Lavan LLP and Rothschild, Inc., serve as
advisors to an ad hoc group -- Ad Hoc Crossholder Group --
comprised of holders of the Company's (i) 33.98% of the $3.235
billion total amount outstanding under loans issued pursuant to a
Third Amended and Restated Credit Agreement, amended and restated
as of December 12, 2012 (the "Prepetition Cash Flow Term Loans");
(ii) 28.38% of the $1.009 billion total principal amount
outstanding under notes issued pursuant to an indenture for the
7.00% Senior Secured Notes Due 2019 (the "7.00% First Lien Notes");
(iii) 12.82% of the $290 million total principal amount outstanding
under notes issued pursuant to an indenture for 9.00% Senior
Secured Notes Due 2019 (the "9.00% First Lien Notes"); (iv) 83.70%
of the $1.384 billion total amount outstanding under notes issued
pursuant to an indenture for 10.5% Senior Secured Notes Due 2021
(the "Second Lien Notes"); and (v) 24% of the $725 million
outstanding under loans issued under the Debtors'
debtor-in-possession financing (the "DIP Facility") pursuant to a
Superpriority Secured Debtor-In-Possession Credit Agreement, dated
as of January 24, 2017.


AVAYA INC: Plan Disclosures Hearing Adjourned One Month
-------------------------------------------------------
While Avaya Inc., has previously stressed the importance of a
speedy exit from bankruptcy to minimize disruption to their
business, Avaya announced that the May 25, 2017 hearing on the
disclosure statement explaining its bankruptcy-exit plans has been
adjourned to June 29 at 10:00 a.m. ET.

Objections to the disclosure statement are now due June 22 at 4:00
p.m.

"Avaya and our major stakeholders have jointly determined that a
one-month adjournment of the disclosure statement hearing is in the
best interest of all stakeholders as we continue working toward a
consensual conclusion of the restructuring process. At the request
of our major creditor groups, we have adjourned the hearing in
order to continue productive discussions around the terms of
Avaya's ultimate restructuring. We remain committed to completing
the restructuring process as quickly as possible. We continue to
anticipate emerging from chapter 11 as early as the summer of
2017," Avaya said in a statement, according to NoJitter.com.

                     About Avaya Inc.

Avaya Inc., together with its affiliates, is a multinational
company that provides communications products and services,
including, telephone communications, internet telephony, wireless
data communications, real-time video collaboration, contact
centers, and customer relationship software to companies of
various
sizes.  

The Avaya Enterprise serves over 200,000 customers, consisting of
multinational enterprises, small- and medium-sized businesses, and
911 services as well as government organizations operating in a
diverse range of industries.   It has approximately 9,700
employees
worldwide as of Dec. 31, 2016.

Avaya Inc. and 17 of its affiliates sought protection under Chapter
11 of the Bankruptcy Code (Bankr. S.D.N.Y. Lead Case No. 17-10089)
on Jan. 19, 2017.  The petitions were signed by Eric S. Koza, CFA,
chief restructuring officer.  

Judge Stuart M. Bernstein presides over the cases.

The Debtors have hired Kirkland & Ellis LLP as legal counsel;
Centerview Partners LLC as investment banker; Zolfo Cooper LLC as
restructuring advisor; PricewaterhouseCoopers LLP as auditor; KPMG
LLP as tax and accountancy advisor; and The Siegfried Group, LLP
as
financial services consultant.  Prime Clerk LLC is the claims and
noticing agent.

On Jan. 31, 2017, the U.S. Trustee for Region 2, appointed an
official committee of unsecured creditors.  Morrison & Foerster is
the creditors committee's counsel.

Stroock & Stroock & Lavan LLP and Rothschild, Inc., serve as
advisors to an ad hoc group -- Ad Hoc Crossholder Group --
comprised of holders of the Company's (i) 33.98% of the $3.235
billion total amount outstanding under loans issued pursuant to a
Third Amended and Restated Credit Agreement, amended and restated
as of December 12, 2012 (the "Prepetition Cash Flow Term Loans");
(ii) 28.38% of the $1.009 billion total principal amount
outstanding under notes issued pursuant to an indenture for the
7.00% Senior Secured Notes Due 2019 (the "7.00% First Lien
Notes");
(iii) 12.82% of the $290 million total principal amount outstanding
under notes issued pursuant to an indenture for 9.00% Senior
Secured Notes Due 2019 (the "9.00% First Lien Notes"); (iv) 83.70%
of the $1.384 billion total amount outstanding under notes issued
pursuant to an indenture for 10.5% Senior Secured Notes Due 2021
(the "Second Lien Notes"); and (v) 24% of the $725 million
outstanding under loans issued under the Debtors'
debtor-in-possession financing (the "DIP Facility") pursuant to a
Superpriority Secured Debtor-In-Possession Credit Agreement, dated
as of January 24, 2017.


B&B BACHRACH: Taps Greenberg Glusker as Legal Counsel
-----------------------------------------------------
B&B Bachrach LLC seeks approval from the U.S. Bankruptcy Court for
the Central District of California to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire Greenberg Glusker Fields Claman &
Machtinger LLP to, among other things, give advice regarding
matters of bankruptcy law, assist in any potential sale of its
assets, and assist in implementing a bankruptcy plan.

The hourly rates charged by the firm range from $315 to $950 for
attorneys and from $110 to $375 for paralegals.  The Greenberg
personnel expected to represent the Debtor are:

     Brian Davidoff           Partner       $690
     Olivia Goodkin           Partner       $595
     Jeffrey Krieger          Partner       $590
     Keith Patrick Banner     Associate     $375

The firm received $150,000 from the Debtor for its
reorganization-related services within the one-year period
preceding the petition filing date.

Brian Davidoff, Esq., disclosed in a court filing that his firm has
no connection with the Debtor or any of its creditors.

The firm can be reached through:

     Brian L. Davidoff, Esq.
     Jeffrey A. Krieger, Esq.
     Keith Patrick Banner, Esq.
     Greenberg Glusker Fields Claman & Machtinger LLP
     1900 Avenue of the Stars, 21st Floor
     Los Angeles, CA 90067-4590
     Tel: 310-553-3610
     Fax: 310-553-0687
     Email: BDavidoff@GreenbergGlusker.com
     Email: JKrieger@GreenbergGlusker.com
     Email: KBanner@GreenbergGlusker.com

                      About B&B Bachrach LLC

Founded in 1877, the Bachrach -- http://www.bachrach.com/-- was
founded by Henry Bachrach, who opened a single store in Decatur,
Illinois, called "Cheap Charley" to serve the growing population of
professional gentlemen who were settling in and developing the
Midwest at the time.  In 1910, the name of the Company was changed
to Bachrach when the word "cheap" began to take on connotations
beyond merely a bargain.

Over the next century Bachrach evolved as a purveyor of fine men's
clothing, becoming a brand widely recognizable across not only the
Midwest, but throughout the United States.  Bachrach promotes its
brand as a menswear experience based upon a European fashion
aesthetic, superior customer service and an emphasis on lasting
customer relationships.  

B&B Bachrach, LLC dba Bachrach filed a Chapter 11 petition (Bankr.
C.D. Cal. Case No. 17-15292), on April 28, 2017, disclosing assets
and liabilities ranging from $10 million to $50 million. The
petition was signed by by Brian Lipman, managing member. The case
is assigned to Judge Neil W. Bason.

The Debtor is represented by Brian L Davidoff, Esq., at Greenberg
Glusker Fields Claman Machtinger LLP.  Solid Asset Solutions LP,
serves as the Debtor's liquidation consultant while Robert
Greenspan of Greenspan Consult, Inc., serves as its financial
advisor.

On May 18, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.


BARONG LLC: Hires Kutner Brinen as Counsel
------------------------------------------
Barong LLC, seeks authority from the U.S. Bankruptcy Court for the
District of Colorado to employ Kutner Brinen, P.C., as counsel to
the Debtor.

Barong LLC requires Kutner Brinen to:

   a. provide the Debtor with legal advice with respect to its
      powers and duties;

   b. aid the Debtor in the development of a plan of
      reorganization under Chapter 11;

   c. file the necessary petitions, pleadings, reports, and
      actions that may be required in the continued
      administration of the Debtor's property under Chapter 11;

   d. take necessary actions to enjoin and stay until a final
      decree therein the continuation of pending proceedings and
      to enjoin and stay until a final decree herein the
      commencement of line foreclosure proceedings and all
      matters as may be provided under 11 U.S.C. Section 362; and

   e. perform all other legal services for the Debtor that may be
      necessary.

Kutner Brinen will be paid at these hourly rates:

     Lee M. Kutner                    $500
     Jeffrey S. Brinen                $430
     Jenny M. Fujii                   $340
     Keri L. Riley                    $280
     Law Clerk                        $175
     Paralegal                        $75

Kutner Brinen holds a pre-petition retainer for payment of
post-petition fees and costs in the amount of $5,001. Kutner Brinen
was also paid pre-petition fees by the Debtor in the amount of
$1,656, plus $1,727 filing and wire fees.

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

Jenny M. Fujii, associate of Kutner Brinen, P.C., assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Kutner Brinen can be reached at:

     Jenny M. Fujii, Esq.
     KUTNER BRINEN, P.C.
     1660 Lincoln Street, Suite 1850
     Denver, CO 80264
     Tel: (303) 832-2400
     Fax: (303) 832-1510
     E-mail: jmf@kutnerlaw.com

                   About Barong LLC

Barong, LLC, based in Avon, CO, filed a Chapter 11 petition (Bankr.
D. Colo. Case No. 17-14551) on May 16, 2017. The Hon. Elizabeth E.
Brown presides over the case. Jenny M. Fujii, Esq., at Kutner
Brinen, P.C., serves as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Shaon Mou,
manager.



BATON ROUGE CREDIT: Creditors Panel Hires Baringer as Attorney
--------------------------------------------------------------
The Official Committee of Unsecured Creditors of West Baton Rouge
Credit, Inc., seeks authorization from the U.S. Bankruptcy Court
for the Middle District of Louisiana to retain The Baringer Law
Firm, L.L.C., as attorney to the Committee.

The Committee requires Baringer Law to:

   a. represent the Committee in any proceedings and hearings
      related to the Chapter 11 Case;

   b. attend meetings and negotiation with representatives of the
      Debtor and other parties in interest in the Chapter 11
      Case;

   c. negotiate with the Debtor and other creditor and equity
      constituencies in the bankruptcy case regarding a plan of
      reorganization;

   d. advise the Committee of its powers and duties and regarding
      matters of bankruptcy law;

   e. investigate and research the Debtor's assets and
      liabilities;

   f. provide assistance, advice, and representation concerning
      the confirmation of, or objection to, any proposed plans;

   g. prosecute and defend litigation matters and such other
      matters that might arise during the Chapter 11 Case;

   h. provide counseling and representation to the Committee with
      respect to proposed assumptions or rejections of executory
      contracts and leases, sales of assets, and other
      bankruptcy-related matters arising in the Chapter 11 Case;

   i. render advice with respect to other legal issues relating
      to the Chapter 11 Case, including, but not limited to,
      corporate finance and commercial issues;

   j. prepare on behalf of the Committee any necessary adversary
      complaints, motions, applications, orders, and other legal
      papers relating to the Chapter 11 Case; and

   k. perform such other legal services as may be necessary and
      appropriate for the efficient and economical administration
      of the Chapter 11 Case.

Baringer Law will be paid at hourly rates of $125 to $300.
Baringer Law will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Dale R. Baringer, a partner of The Baringer Law Firm, L.L.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.

Baringer Law can be reached at:

     Dale R. Baringer, Esq.
     THE BARINGER LAW FIRM , L.L.C.
     201 St. Charles Street
     Baton Rouge, LA 70802
     Tel: (225) 383-9953
     Fax: (225) 387-3198

              About West Baton Rouge Credit, Inc.

Based in Port Allen, Louisiana, West Baton Rouge Credit, Inc.
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
M.D. La. Case No. 17-10227) on March 14, 2017. The petition was
signed by Todd Cutrer, president. The case is assigned to Judge
Douglas D. Dodd.  Pamela Magee, Esq., based in Baton Rouge,
Louisiana, serves as the Debtor's bankruptcy counsel.

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

Henry G. Hobbs, Jr., Acting U.S. Trustee for Region 5, on May 2
appointed five creditors of West Baton Rouge Credit, Inc., to serve
on the official committee of unsecured creditors.


BCP RAPTOR: Moody's Assigns B3 CFR; Outlook Positive
----------------------------------------------------
Moody's Investors Service assigned first time ratings to BCP Raptor
LLC (EagleClaw), including a B3 Corporate Family Rating (CFR), a
B3-PD Probability of Default Rating (PDR), and a B3 senior secured
term loan rating. The outlook is positive.

"EagleClaw's ratings mainly reflect the company's high initial
leverage, which, to decline to a sustainable range, is fully
reliant on the rapid volume ramp. The ratings benefit from
geographical location of the company's assets and the tremendous
projected growth in natural gas volumes produced from the Southern
Delaware Basin," commented Sreedhar Kona, Moody's Senior Analyst.
"The positive outlook reflects the current producer drilling
activity in the acreage dedicated to EagleClaw and the expected
volume growth should that level of activity continue."

Assigned:

Issuer: BCP Raptor, LLC

-- Corporate Family Rating, assigned B3

-- Probability of Default Rating, assigned B3-PD

-- $1.25 billion Senior Secured First Lien Term Loan, assigned
    B3 (LGD4)

-- Outlook, Positive

RATING RATIONALE

EagleClaw's B3 CFR reflects the very high initial financial
leverage, and the company's substantial degree of reliance on a
steep increase in the gathering and processing volumes through 2018
and 2019 to accomplish the planned reduction in leverage. The
ratings are also tempered by the company's limited operational
track record and, the execution risk involved in the company
bringing new processing capacity online and also the producer
customers rapidly ramping up their respective production volumes.
The company's presence in the highly active Southern Delaware Basin
of the Permian, acreage dedication contracts spread over 260,000
acres with about 20 customers, large equity contribution by an
experienced sponsor and adequate liquidity support the company's
credit profile. The contracts are largely fee-based, minimizing
direct commodity price risk, although the lack of any material
minimum volume commitment (MVC) contracts highlight the volume
risk. The ratings also benefit from structural enhancements like
excess cashflow sweep, capex and interest reserve account, debt
service reserve account and equity commitment account.

The positive outlook reflects the current oil-focused drilling
activity in the Southern Delaware Basin and the potential for the
associated gas production volumes gathered and processed by
EagleClaw to grow substantially, resulting in a substantial
reduction in financial leverage by the end of 2018.

The $1.25 billion Term Loan maturing 7 years from the closing of
the transaction is rated B3 (the same as the CFR) under the Moody's
Loss Given Default Methodology. The $100 million Revolver maturing
5 years from the closing of the transaction has a super priority
preference over the Term Loan, however given small size of the
Revolver as compared to the Term Loan, the Term Loan is rated the
same as the CFR.

Moody's expects that EagleClaw will maintain adequate liquidity
through the end of 2018. Pro forma for the closing of the
transaction, EagleClaw will have $123 million in funded Capex &
Interest Account, in addition to a Debt Service Reserve Account
supported via a Letter of Credit for 6 months of expected interest
and amortization payments. The company will also have an Equity
Commitment Account (supported by a Letter of Credit) which may be
drawn and reduced dollar-for-dollar to maintain minimum liquidity
in the funded Capex & Interest Account. The draw rights also
include the balance in the funded Capex & Reserve account dropping
below $25 million or to cure payment default after the Debt Service
Reserve Account has been extinguished. Moody's expects the company
to be able to fund its debt service obligations and capital
expenditures through cash from operations and funds in the reserve
accounts. The Term Loan will have a minimum debt service coverage
ratio covenant of 1.1x, which will be tested starting from
September 30, 2018. In addition, the Revolver will have maintenance
covenants of a Maximum Super Priority Leverage Ratio to be less
than 1.25x first tested on September 30, 2018 and Total Debt to
Total Capitalization ratio of less than 70%, which falls away on
September 30, 2018. Moody's expects the company to be in compliance
with its covenants through end of 2018. The Revolver and Term Loan
will have first priority lien on all assets of the company.

EagleClaw's ratings could be upgraded if the company successfully
executes its capacity build out and realizes its planned volume and
corresponding earnings growth, reducing debt/EBITDA below 5x on a
sustained basis while maintaining adequate liquidity.

Ratings could be downgraded debt/EBITDA is likely to remain above
6x at the end of 2018 or if liquidity weakens substantially.

The principal methodology used in these ratings was the Midstream
Energy published in May 2017.

BCP Raptor, LLC , the parent of EagleClaw Midstream Ventures, LLC
(EagleClaw Midstream), is a privately owned natural gas gathering
and processing company in the Southern Delaware Basin. In April
2017, Blackstone Energy Partners and Blackstone Capital Partners
entered into an agreement with Encap Flatrock Midstream (current
owner of EagleClaw Midstream) to buy EagleClaw Midstream for
approximately $2 billion. The transaction is expected to close by
the end of July 2017.


BE MY GUEST: Unsecureds to Recover Up to 15% Under Exit Plan
------------------------------------------------------------
Unsecured creditors of Be My Guest, LLC, may recover up to 15% of
their claims, according to the company's proposed plan to exit
Chapter 11 protection.

Under the proposed plan of reorganization, each creditor holding a
Class 1 general unsecured claim will receive its pro rata share of
the portion of cash contribution from Gaby, LLC after all statutory
fees, administrative claims and priority tax claims have been fully
paid.  General unsecured creditors may recover between 10% and 15%
of their claims allowed by the court.

Class 1 is impaired and general unsecured creditors are entitled to
vote to accept or reject the plan.

Distributions under the plan will be funded by cash contribution
from Gaby, LLC of up to $1 million, according to Be My Guest's
disclosure statement filed on May 16 with the U.S. Bankruptcy Court
for the Southern District of New York.

A copy of the disclosure statement is available for free at
https://is.gd/OEWewN

                        About Be My Guest

Be My Guest, LLC was formed for the purpose of assuming a certain
lease for commercial premises located at 14 East 58th Street, New
York, and thereafter, developing and operating a first class
restaurant at the premises.  Lucy Balan, who holds a 50% membership
interest in the Debtor, serves as its manager.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D.N.Y. Case No. 17-10692) on March 22, 2017.  Ms.
Balan signed the petition.  At the time of the filing, the Debtor
estimated assets of less than $1 million and estimated liabilities
of $1 million to $10 million.

Judge Sean H. Lane presides over the case.  Douglas J. Pick, Esq.
at Pick & Zabicki LLP represents the Debtor as bankruptcy counsel.


BELIEVERS BIBLE: Seeks October 2 Exclusive Plan Filing Extension
----------------------------------------------------------------
Believers Bible Christian Church requests the U.S. Bankruptcy Court
for the Northern District of Georgia to further extend its
exclusive plan filing deadline for an additional 90 days, through
October 2, 2017, and its plan solicitation deadline through October
30, 2017.

The Debtor submits that it is still attempting to negotiate a plan
with its major creditors as well as a real estate sale with
potential buyers.

This is the Debtor's third request for an extension of these
deadlines.  The Court has previously entered an Order extending the
exclusivity period and solicitation deadline through and including
July 3, 2017 and August 1, 2017.

          About Believer's Bible Christian Church

Believers Bible Christian Church, Inc., based in Atlanta, Georgia,
filed a Chapter 11 bankruptcy petition (Bankr. N.D. Ga. Case No.
16-65531) on September 2, 2016, listing assets and debts at $1
million to $10 million at the time of the filing.  William A.
Rountree, Esq., at Macey, Wilensky & Hennings LLC, serves as
Chapter 11 counsel.  The 2016 petition was signed by Theo A. McNair
Jr., president.

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

Believer's Bible previously filed for chapter 11 (Bankr. N.D. Ga.
Case No. 08-61958) on Feb. 4, 2008, and was represented by Paul
Reece Marr, Esq., at Paul Reece Marr, P.C.  The 2008 case was
assigned to Judge Joyce Bihary.  The Debtor estimated assets and
debts at $1 million to $10 million at the time of the filing.


BELLA LOGISTICS: Taps Villa & White as Counsel
----------------------------------------------
Bella Logistics LLC seeks authorization from the U.S. Bankruptcy
Court for the Western District of Texas to employ Villa & White LLP
as counsel.

The Debtor requires Villa & White to:

   (a) assist and advise the Debtor relative to its operations as
       a debtor-in-possession, and relative to the overall
       administration of this Chapter 11 case;

   (b) represent the Debtor at hearings to be held before this
       Court and communicate with its creditors regarding the
       matters heard and the issues raised, as well as the
       decisions and considerations of this Court;

   (c) prepare, review, and analyze pleadings, orders, operating
       reports, schedules, statements of affairs, and other
       documents filed and to be filed with this Court by the
       Debtor or other interested parties in this Chapter 11 case;

       advise the Debtor as to the necessity, propriety and impact

       of the foregoing upon this Chapter 11 case; and consent or
       object to pleadings or orders on behalf of the Debtor;

   (d) assist the Debtor in preparing such applications, motions,
       memoranda, adversary proceedings, proposed orders and other

       pleadings as may be required in support of positions taken
       by the Debtor, as well as preparing witnesses and reviewing

       documents relevant thereto;

   (e) coordinate the receipt and dissemination of information
       prepared by and received from the Debtor and the Debtor's
       accountants, and other retained professionals, as well as
       such information as may be received from accountants or
       other professionals engaged by any official committee;

   (f) confer with the professionals as may be selected and
       employed by any official committee;

   (g) assist and counsel the Debtor in its negotiations with
       creditors, or Court-appointed representatives or interested

       third parties concerning the terms, conditions, and import
       of a plan of reorganization and disclosure statement to be
       proposed and filed by the Debtor;

   (h) assist the Debtor with such services as may contribute or
       are related to the confirmation of a plan of reorganization

       in this Chapter 11 case;

   (i) assist and advise the Debtor in its discussions and
       negotiations with others regarding the terms, conditions,
       and security for credit, if any, during this Chapter 11
       case;

   (j) conduct examination of witnesses as may be necessary
       in order to analyze and determine, among other things, the
       Debtor's assets and financial condition, whether the Debtor

       has made any avoidable transfers of its property, and
       whether causes of action exist on behalf of the Debtor's
       estate; and

   (k) assist the Debtor generally in performing such other
       services as may be desirable or required pursuant to
       Sec. 1107 of the Bankruptcy Code.

The Debtor also seeks to employ the Firm to represent it in the
prosecution of a certain claim it held as a creditor in the chapter
11 bankruptcy of Breitburn Energy Partners Ltd., Case No. 16-11390,
in the United States Bankruptcy Court for the Southern District of
New York.  More specifically, the Debtor needs the Firm to litigate
the objection filed by Breitburn to the Debtor's proof of claim.

Morris E. "Trey" White III, a partner of Villa & White, will be
primarily responsible for the supervision of the case and the
coordination and delegation of its administration.

Mr. Trey, for Villa & White's representation of the Debtor, charges
at a rate of $300 per hour.

Villa & White will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Villa & White has been paid a retainer in the amount of $10,000.

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

The law firm can be reached at:

       Morris E. "Trey" White III, Esq.
       VILLA & WHITE LLP
       1100 NW Loop 410 #700
       San Antonio, TX 78213
       Tel: (210) 225-4500
       Fax: (210) 212-4649
       E-mail: treywhite@villawhite.com

                      About Bella Logistics

Bella Logistics LLC specializes in providing frac sand and barite.
Its frac sand is produced in Wisconsin and Texas, and its barite is
produced in Mexico.  The Company's key areas of operations include
Texas, New Mexico, Oklahoma, Louisiana, and other regions as
required.  The majority of Bella Logistics LLC is owned by Bella
Sands Ltd, a subsidiary of Fireside Concepts, LLC, a Texas company
founded in 2007.

Bella Logistics filed a Chapter 11 petition (Bankr. W.D. Tex. Case
No. 17-50913) on April 19, 2017.  The Hon. Craig A. Gargotta
presides over the case.  Morris E. "Trey" White, III, Esq., at
Villa & White LLP, serves as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.  The petition was signed by Barry
Holbert, manager.

A list of the Debtor's nine unsecured creditors is available for
free at  http://bankrupt.com/misc/txwb17-50913.pdf


BENFER STORAGE: U.S. Trustee Unable to Appoint Committee
--------------------------------------------------------
The Office of the U.S. Trustee on May 24 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Benfer Storage LLC.

                    About Benfer Storage LLC

Benfer Storage LLC, based in Houston, Texas, offers storage spaces
for rent on a prepaid basis.  

The Debtor filed a Chapter 11 bankruptcy petition (Bankr. S.D. Tex.
Case No. 17-32767) on May 1, 2017.  In its petition, the Debtor
estimated $1 million to $10 million in assets and $500,000 to $1
million in liabilities.  Alberto Bernadoni, president, signed the
petition.

The Hon. Jeff Bohm presides over the case.  Susan Tran,
Esq., at Corral Tran Singh, LLP, serves as bankruptcy counsel.

A list of the Debtor's three largest unsecured creditors is
available for free at http://bankrupt.com/misc/txsb17-32767.pdf


BENNIGAN'S SADDLEBROOK: Hires Scott Goldstein as Counsel
--------------------------------------------------------
Bennigan's Saddlebrook, LLC seeks authorization from the U.S.
Bankruptcy Court for the District of New Jersey to employ Scott J.
Goldstein of the Law Offices of Scott J. Goldstein, LLC as
counsel.

The Debtor requires the law firm to prepare the appropriate
schedules, plan and other pleadings that will be required.

The law firm will be paid at these hourly rates:

       Scott J. Goldstein          $350
       Amy L. Knapp                $350
       Of Counsel                  $225
       Paralegal/Legal
       Assistant                   $100
       Law Clerk                   $150

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

The Debtor agreed to pay the law firm an initial retainer of
$7,500.

Scott J. Goldstein 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 law firm can be reached at:

       Scott J. Goldstein, Esq.
       Amy L. Knapp, Esq.
       LAW OFFICES OF SCOTT J. GOLDSTEIN, LLC
       280 West Main Street
       Denville, NJ 07834
       Tel: (973) 453-2838
       Fax: (973) 453-2869
       E-mail: sjg@sgoldsteinlaw.com

                  About Bennigan's Saddlebrook

Bennigan's Saddlebrook, LLC, based in Saddle Brook, N.J., filed a
Chapter 11 petition (Bankr. D. N.J.. Case No. 17-19697) on May 10,
2017.  The Hon. Christine M. Gravelle presides over the case.
Scott J. Goldstein, Esq., at the Law Offices of Scott J. Goldstein,
LLC, serves as bankruptcy counsel.

In its petition, the Debtor declared $420,800 in total assets and
$1.36 million in total liabilities. The petition was signed by
Kedar Shah, managing member.

A list of the Debtor's nine unsecured creditors is available for
free at http://bankrupt.com/misc/njb17-19697.pdf

The Debtor previously sought bankruptcy protection on Jan. 28, 2017
(Bank. D.N.J. Case No. 17-11641).


BIOSTAGE INC: To Present Plan to Avoid Nasdaq Delisting
-------------------------------------------------------
Biostage Inc. received a letter from the Listing Qualifications
Staff of The NASDAQ Stock Market LLC, as anticipated, on May 18,
2017, indicating that the Company's failure to regain compliance
with the minimum $1.00 bid price requirement by May 17, 2017, and
its non-compliance with the $2.5 million stockholders' equity
requirement as of the quarter ended March 31, 2017, could serve as
a basis for delisting the Company's common stock from The Nasdaq
Capital Market unless the Company timely requests a hearing before
the Nasdaq Hearings Panel.

The Company plans to timely request a hearing before the Panel,
which request will stay any delisting action by the Staff at least
pending the issuance of the Panel's decision following the hearing
and the expiration of any extension period that may be granted by
the Panel.  At the hearing, Biostage will present its plan to
evidence compliance with the bid price and stockholders' equity
requirements and request an extension of time within which to do
so.  The Panel has the discretion to grant the Company an extension
through no later than Nov. 14, 2017.  The Company's common stock
will continue to trade on Nasdaq under the symbol "BSTG" at least
pending the ultimate conclusion of the hearing process.  Biostage
intends to provide a further update when additional relevant
information becomes available.

                       About Biostage

Biostage, Inc., formerly Harvard Apparatus Regenerative Technology,
Inc. -- http://www.biostage.com/-- is a biotechnology company
engaged in developing bioengineered organ implants based on its
Cellframe technology.

Biostage reported a net loss of $11.57 million on $82,000 of
revenues for the year ended Dec. 31, 2016, compared to a net loss
of $11.70 million on $118,000 of revenues for the year ended
Dec. 31, 2015.  The Company's balance sheet at Dec. 31, 2016,
showed $4.55 million in total assets, $2.77 million in total
liabilities and $1.77 million in total stockholders' equity.

KPMG LLP, in Cambridge, Massachusetts, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2016, citing that the Company has suffered recurring
losses from operations and will require additional financing to
fund future operations which raise substantial doubt about its
ability to continue as a going concern.


BISHOP GORMAN: Hires Fox Rothschild as Counsel
----------------------------------------------
Bishop Gorman Development Corporation seeks authority from the U.S.
Bankruptcy Court for the District of Nevada to employ Fox
Rothschild LLP, as counsel to the Debtor.

Bishop Gorman requires Fox Rothschild to:

   a. advise the Debtor of its rights and obligations and
      performance of its duties during administration of the
      Chapter 11 Case;

   b. attend meetings and negotiations with other parties in
      interest on the Debtor's behalf in the Chapter 11 Case;

   c. take all necessary action to protect and preserve the
      Debtor's estate including: the prosecution of actions, the
      defense of any actions taken against the Debtor,
      negotiations concerning all litigation in which the Debtor
      is involved, and objecting to claims filed against the
      estate which are believed to be inaccurate;

   d. negotiate and prepare a plan of reorganization, disclosure
      statement and all papers and pleadings related thereto and
      in support thereof and attend court hearings related
      thereto;

   e. represent the Debtor in all proceedings before the Court or
      other courts of jurisdiction in connection with the Chapter
      11 Case; including, preparing and reviewing all motions,
      answers and orders necessary to protect the Debtor's
      interests;

   f. assist the Debtor in developing legal positions and
      strategies with respect to all facets of these proceedings;

   g. prepare on the Debtor's behalf necessary applications,
      motions, answers, orders and other documents; and

   h. perform all other legal services for the Debtor in
      connection with the Chapter 11 Case and other general
      corporate and litigation matters, as may be necessary.

Fox Rothschild will be paid at these hourly rates:

     Partners                          $210-$895
     Counsel                           $195-$895
     Associates                        $210-$485
     Legal Assistants/Paralegals       $100-$370

On March 22, 2017, the Debtor executed a Promissory Note in favor
of Service Campaign Corporation in the amount of $301,888. On March
24, 2017, Service Campaign provided Fox Rothschild with an advance
payment of $200,000 and on April 12, 2017, Service Campaign
provided the firm with an advance payment of $19,419.42 to pay for
legal services rendered or to be rendered in connection with the
Restructuring Services, as well as to pay the filing fee of
$1,717.

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

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

Fox Rothschild can be reached at:

     Brett A. Axelrod, Esq.
     FOX ROTHSCHILD LLP
     1980 Festival Plaza Drive, Suite 700
     Las Vegas, NV 89135
     Tel: (702) 262-6899
     Fax: (702) 597-5503
     E-mail: baxelrod@foxrothschild.com

            About Bishop Gorman Development Corporation

Bishop Gorman Development Corporation is a charitable organization
with its principal assets located at 5959 S. Hualapai Way, Las
Vegas, Nevada 89148.

Bishop Gorman Development filed for Chapter 11 bankruptcy
protection (Bankr. D. Nev. Case No. 17-11942) on April 17, 2017,
estimating assets and liabilities between $100 million and $500
million each. Deacon Aruna Silva, executive director, signed the
petition.

Judge August B. Landis presides over the case.

Brett A. Axelrod, Esq., at Fox Rothschild LLP, serves as the
Debtor's bankruptcy counsel.


BISHOP GORMAN: Hires Greenberg Traurig as Special Counsel
---------------------------------------------------------
Bishop Gorman Development Corporation seeks authority from the U.S.
Bankruptcy Court for the District of Nevada to employ Greenberg
Traurig, LLP, as special litigation counsel to the Debtor.

Greenberg Traurig has been counsel for the Debtor since July 15,
2014, with respect to claims asserted by J.A. Tiberti Construction
Co., Inc., against the Debtor. Those claims are the subject of the
case styled J.A. Tiberti Construction Co., Inc. v. Bishop Gorman
Development Corporation, Case No. A-15-728534-B, in the Eighth
Judicial District Court, Clark County, Nevada, and were also the
subject of a related arbitration proceeding conducted by Judicial
Arbitration and Mediation Services, Inc.

Bishop Gorman requires Greenberg Traurig to:

     -- represent the Debtor with respect to claims asserted by
J.A. Tiberti, that is currently stated effective as of the petition
date, and

     -- assist the Debtor with respect to any and all matters
concerning or relating to the claims that have been asserted or may
be asserted by J.A. Tiberti against the Debtor relating to that
pending litigation.

Greenberg Traurig will be paid at these hourly rates:

     Shareholder                  $510-$775
     Of Counsel                   $485-$590
     Associate                    $295-$450
     Paralegal                    $250-$295

On February 14, 2017, Greenberg Traurig received a check in the
amount of $2,660 from the Judicial Arbitration and Mediation
Services, Inc., as reimbursement for pre-paid arbitration fees.

Greenberg Traurig has a claim against the Debtor for unpaid fees
and expenses incurred prior to the petition date in the amount of
$66,274.84.

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

Christopher R. Miltenberger, of-counsel of Greenberg Traurig, LLP,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

Greenberg Traurig can be reached at:

     Christopher R. Miltenberger, Esq.
     GREENBERG TRAURIG, LLP
     3773 Howard Hughes Parkway, Suite 400N
     Las Vegas, NV 89169
     Tel: (702) 792-3773
     Fax: (702) 792-9002

            About Bishop Gorman Development Corporation

Bishop Gorman Development Corporation is a charitable organization
with its principal assets located at 5959 S. Hualapai Way, Las
Vegas, Nevada 89148.

Bishop Gorman Development Corporation filed for Chapter 11
bankruptcy protection (Bankr. D. Nev. Case No. 17-11942) on April
17, 2017, estimating assets and liabilities between $100 million
and $500 million each. Deacon Aruna Silva, executive director,
signed the petition.

Judge August B. Landis presides over the case.

Brett A. Axelrod, Esq., at Fox Rothschild LLP, serves as the
Debtor's bankruptcy counsel.


BISHOP GORMAN: Hires Wallace Neumann as Accountant
--------------------------------------------------
Bishop Gorman Development Corporation seeks authority from the U.S.
Bankruptcy Court for the District of Nevada to employ Wallace
Neumann & Verville, LLP, as accountant to the Debtor.

Bishop Gorman requires Wallace Neumann to provide accounting
services to audit the financial statements of the Debtor, which
comprise of the statements of financial position as of December 31,
2016, and the related statements of activities and cash flows for
the year then ended, and the related notes to the financial
statements.

Wallace Neumann will be paid at these hourly rates:

     Jason Neumann, Partner          $325
     Reed Lamoreaux, Manager         $225
     Dave Altfas                     $165
     Eli Tanimoto                    $140
     Eric Hill                       $110
     Evan Ford                       $100
     Elliot Clark                    $90

Wallace Neumann has agreed to waive $675 in unpaid fees incurred
prior to the petition date.

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

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

Wallace Neumann can be reached at:

     Jason Neumann
     WALLACE NEUMANN & VERVILLE, LLP
     8930 Spanish Ridge Avenue
     Las Vegas, NV 89148
     Tel: (702) 387-0999
     E-mail: jasonn@wnvcpa.com

           About Bishop Gorman Development Corporation

Bishop Gorman Development Corporation is a charitable organization
with its principal assets located at 5959 S. Hualapai Way, Las
Vegas, Nevada 89148.

Bishop Gorman Development Corporation filed for Chapter 11
bankruptcy protection (Bankr. D. Nev. Case No. 17-11942) on April
17, 2017, estimating assets and liabilities between $100 million
and $500 million each. Deacon Aruna Silva, executive director,
signed the petition.

Judge August B. Landis presides over the case.

Brett A. Axelrod, Esq., at Fox Rothschild LLP, serves as the
Debtor's bankruptcy counsel.


BREITBURN ENERGY: Hires Littler Mendelson as Litigation Counsel
---------------------------------------------------------------
Breitburn Energy Partners LP, et al., seek authority from the U.S.
Bankruptcy Court for the Southern District of New York to employ
Littler Mendelson, P.C., as special litigation counsel to the
Debtors.

In February 2017, Royce Ashberry commenced a lawsuit against
Breitburn Management Company LLC in the U.S. District Court for the
Eastern District of Texas, styled Royce Ashberry v. Breitburn
Management Company, LLC, Civil Action No. 2:17-cv-00138. In the
Ashberry Litigation, Plaintiff Ashberry asserts various claims
related to his employment with Breitburn Management for damages
incurred postpetition in July 2016 for wrongful termination.

Breitburn Energy requires Littler to represent the Debtors in the
Ashberry Litigation.

Littler will be paid at these hourly rates:

     Members                     $425
     Associates                  $305
     Paraprofessionals           $200

Littler has provided services to the Debtors with respect to the
Ashberry Litigation since March 1, 2017, through the date of the
application. Littler has billed, but not been paid for, its
services since March 1 in the aggregate amount of $3,100.

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

In accordance with Appendix B-Guidelines for Reviewing Applications
for Compensation and Reimbursement of Expenses Filed under 11
U.S.C. Sec. 330 for Attorneys in Larger Chapter 11 Cases, the
following is provided in response to the request for additional
information:

   Question:  Did you agree to any variations from, or
              alternatives to, your standard or customary billing
              arrangements for this engagement?

   Response:  No.

   Question:  Do any of the professionals included in this
              engagement vary their rate based on the geographic
              location of the bankruptcy case?

   Response:  No.

   Question:  If you represented the client in the 12 months
              prepetition, disclose your billing rates and
              material financial terms for the prepetition
              engagement, including any adjustments during the 12
              months prepetition. If your billing rates and
              material financial terms have changed postpetition,
              explain the difference and the reasons for the
              difference.

   Response:  Littler did not represent the client prepetition.

   Question:  Has your client approved your prospective budget
              and staffing plan, and, if so for what budget
              period?

   Response:  Staffing has been approved. The client has not
              requested nor been provided with a budget.

Kelley Edwards and Luke MacDowall, members of Littler Mendelson,
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 Debtors; (b) has not been, within two years before the date of
the filing of the Debtors' chapter 11 petition, directors, officers
or employees of the Debtors; 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.

Littler can be reached at:

     Kelley Edwards, Esq.
     Luke MacDowall, Esq.
     LITTLER MENDELSON, P.C.
     1301 McKinney Street, Suite 1900
     Houston, TX 77010
     Tel: (713) 951-9400

                 About Breitburn Energy Partners LP

Breitburn Energy Partners LP and 21 of its affiliates filed
voluntary petitions for relief under Chapter 11 of the Bankruptcy
Code (Bankr. S.D.N.Y. Lead Case No. 16-11390) on May 15, 2016,
listing assets of $4.71 billion and liabilities of $3.41 billion.
The petitions were signed by James G. Jackson, executive vice
president and chief financial officer.

The Debtors are represented by Ray C Schrock, Esq. and Stephen
Karotkin, Esq. at Weil Gotshal & Manges LLP.  The Debtors hired
Steven J. Reisman, Esq. and Cindi M. Giglio, Esq. at Curtis,
Mallet-Prevost, Colt & Mosle LLP as their conflicts counsel. The
Debtors tapped Alvarez & Marsal North America, LLC as financial
advisor; Lazard Freres & Co. LLC as investment banker; and Prime
Clerk LLC as claims and noticing agent.

Breitburn Energy et al., are an independent oil and gas Partnership
engaged in the acquisition, exploitation and development of oil and
natural gas properties, Midstream Assets, and a combination of
ethane, propane, butane and natural gasoline that when removed from
natural gas become liquid under various levels of higher pressure
and lower temperature, in the United States. The Debtors conduct
their operations through Breitburn Parent's wholly-owned
subsidiary, Breitburn Operating LP, and BOLP's general partner,
Breitburn Operating GP LLC.

The U.S. trustee for Region 2 appointed three creditors of
Breitburn Energy Partners LP and its affiliates to serve on the
official committee of unsecured creditors, and on Nov. 15, 2016,
the U.S. Trustee appointed seven creditors of Breitburn Energy
Partners LP and its affiliated debtors to serve on the official
committee of unsecured creditors.


BRIGHT MOUNTAIN: Incurs $685,000 Net Loss in First Quarter
----------------------------------------------------------
Bright Mountain Media, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q for the period ended
March 31, 2017.  The Company was delayed in the filing of its
Quarterly Report because additional time was needed to complete the
financial statements to be included in the Form 10-Q.

For the three months ended March 31, 2017, the Company reported a
net loss attributable to common shareholders of $685,220 on
$661,098 of total revenues compared to a net loss attributable to
common shareholders of $739,059 on $424,415 of total revenues for
the three months ended March 31, 2016.

As of March 31, 2017, Bright Mountain had $2.74 million in total
assets, $1.57 million in total liabilities and $1.17 million in
total shareholders' equity.

As of March 31, 2017, the Company had a balance of cash and cash
equivalents of $34,460 and working capital of $182,096 as compared
to cash and cash equivalents of $162,795 and working capital of
$355,344 at Dec. 31, 2016.  The Company's current assets decreased
9% at March 31, 2017, from Dec. 31, 2016, which reflects the
decrease in cash, accounts receivable and prepaid expenses, offset
by an increase in inventory.  The Company's current liabilities
increased 2.1% at March 31, 2017 from Dec. 31, 2016, which
primarily reflects a decreases in premium finance loan payable,
offset by increases in accrued interest, including to a related
party.  The Company said it does not have any external sources of
liquidity and is dependent upon loans from its chief executive
officer.  In addition to the amounts owed Mr. Speyer, in November
2016 the Company borrowed $500,000 from an unrelated third party
under a promissory note which matures in November 2017.  

"Our operations do not provide sufficient cash to pay our cash
operating expenses.  If we are unable to increase our revenues to a
level which provides sufficient funds to pay our operating expenses
without relying upon loans from a related party, as well as to pay
our obligations as they become due, our ability to continue to
leverage our resources and implement our plans for continued growth
are in jeopardy," the Company stated in the filing.

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

                    https://is.gd/mIQrcf

                     About Bright Mountain

Based in Boca Raton, Fla., Bright Mountain Media, Inc., a media
holding company, owns and manages Websites in the United States.
It operates through two segments, Product Sales and Services.  The
company develops Websites, which provide information and news to
military, law enforcement, first responders, and other public
sector employees; and information, including originally written
news content, blogs, forums, career information, and videos.

Bright Mountain reported a net loss attributable to common
shareholders of $2.94 million on $1.49 million of product sales for
the year ended Dec. 31, 2016, compared to a net loss attributable
to common shareholders of $2.01 million on $1.41 million of product
sales for the year ended Dec. 31,
2015.  

Liggett & Webb, P.A., in Boynton Beach, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, citing that the Company has a net
loss of $2,667,051 and used cash in operations of $1,860,515 and an
accumulated deficit of $8,824,806 at Dec. 31, 2016.  These matters
raise substantial doubt about the Company's ability to continue as
a going concern.


BRITISH MOTORCARS: Committee Taps Winthrop Couchot as Counsel
-------------------------------------------------------------
The official committee of unsecured creditors of British Motorcars
Ventura, Inc. seeks approval from the U.S. Bankruptcy Court for the
Central District of California to hire legal counsel.

The committee proposes to hire Winthrop Couchot Golubow Hollander
LLP to, among other things, give legal advice regarding its duties
under the Bankruptcy Code, investigate the Debtor's financial
condition, and assist in the implementation of a bankruptcy plan.

The hourly rates charged by the firm are:

     Senior Counsel            $750
     Counsel                   $595
     Junior Counsel      $425 – 475
     Paralegal                 $175
     Legal Assistant Assoc.    $150

Garrick Hollander, Esq., disclosed in a court filing that his firm
does not hold or represent any interest adverse to the Debtor.

The firm can be reached through:

     Garrick A. Hollander, Esq.
     Winthrop Couchot Golubow Hollander LLP
     660 Newport Center Drive, Suite 400
     Newport Beach, CA 92660
     Tel: (949) 720-4100
     Fax: (949) 720-4111

                 About British Motorcars Ventura

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

The Debtor filed a Chapter 11 petition (Bankr. C.D. Cal. Case No.
17-10489) on March 22, 2017.  In its petition, the Debtor estimated
$1 million to $10 million in both assets and liabilities. The
petition was signed by Philip D. Vass, president.

The Hon. Peter Carroll presides over the case. Levene Neale Bender
Yoo & Brill, LLP represents the Debtor as bankruptcy counsel.  The
Debtor hired McQueen & Ashman LLP, as special corporate and
litigation counsel.

An official committee of unsecured creditors has been appointed in
the Debtor's case.


BUDDY WARREN: Taps Kasen & Kasen as Legal Counsel
-------------------------------------------------
Buddy Warren, Inc. seeks approval from the U.S. Bankruptcy Court
for the Southern District of New York to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire Kasen & Kasen P.C. to, among other
things, give legal advice regarding its duties under the Bankruptcy
Code, negotiate with creditors, and assist in the preparation of a
plan of reorganization.

The hourly rates charged by the firm are:

     David Kasen        $500
     Michael Kasen      $350
     Francine Kasen     $350
     Jenny Kasen        $350
     Paralegal          $150

Kasen & Kasen received a fee of $8,000, plus $1,717 for the filing
fee.

Michael Kasen, Esq., disclosed in a court filing that he and his
firm do not represent any interest adverse to the Debtor or its
bankruptcy estate.

The firm can be reached through:

     Michael J. Kasen, Esq.
     Kasen & Kasen P.C.
     151 W. 46th St., 4th Floor
     New York, NY 10036
     Phone: 646-216-3108
     Email: mkasen@kasenlaw.com

                     About Buddy Warren Inc.

Buddy Warren, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D.N.Y. Case No. 17-11364) on May 17,
2017.  Buddy Schussel, president, signed the petition.  At the time
of the filing, the Debtor estimated assets of less than $50,000 and
liabilities of less than $500,000.


BULOVA TECHNOLOGIES: Posts $8.50 Million Q2 Net Income
------------------------------------------------------
Bulova Technologies Group, Inc., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q for the
quarter ended March 31, 2017.  The Company was delayed in the
filing of its Form 10-Q because the compilation, dissemination and
review of the information required to be presented in the Form 10-Q
for the quarter ending March 31, 2017, could not be completed and
filed by May 15, 2017, without undue hardship and expense to the
Company.

For the three months ended March 31, 2017, the Company reported net
income of $8.50 million on $6.25 million of revenues compared to a
net loss of $1.37 million on $4.98 million of revenues for the
three months ended March 31, 2016.

For the six months ended March 31, 2017, the Company recognized net
income of $6.80 million on $12.64 million of revenues compared to a
net loss of $3.77 million on $5.40 million of revenues for the same
period during the prior year.

As of March 31, 2017, Bulova had $18.28 million in total assets,
$37.26 million in total liabilities, and a total shareholders'
deficit of $18.97 million.

As of March 31, 2017, the Company's sources of liquidity consisted
of new debt as well as new sales reported in the commercial sales
and service business segment along with the new sales in the
transportation segment of the business.

As of March 31, 2017, the Company had $305,503 in cash and cash
equivalents.

Cash flows used in operating activities was $1.299 million for the
six months ended March 31, 2017.

Cash flows provided by in investing activities was $150,475 for the
six months ended March 31, 2017.

Cash flows provided by financing activities were $803,377 for the
six months ended March 31, 2017.

The Company said that its ability to cover its operating and
capital expenses, and make required debt service payments will
depend primarily on its ability to generate operating cash flows.

"The Company's business may not generate cash flows at sufficient
levels, and it is possible that currently anticipated contract
awards may not be achieved.  If we are unable to generate
sufficient cash flow from operations to service our debt, we may be
required to reduce costs and expenses, sell assets, reduce capital
expenditures, refinance all or a portion of our existing debt as
well as our operating needs, or obtain additional financing and we
may not be able to do so on a timely basis, on satisfactory terms,
or at all.  Our ability to make scheduled principal payments or to
pay interest on or to refinance our indebtedness depends on our
future performance and financial results, which, to a certain
extent, are subject to general economic, political, financial,
competitive, legislative and regulatory factors beyond our
control.

"While the Company believes that anticipated revenues resulting
from its expanded efforts relative to its transportation and
commercial sales segments will be sufficient to bring profitability
and a positive cash flow to the Company, it is uncertain that these
results can be achieved.  Accordingly, the Company will, in all
likelihood have to raise additional capital to operate.  There can
be no assurance that such capital will be available when needed, or
that it will be available on satisfactory terms," the Company
stated in the filing.

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

                        https://is.gd/8OYDnK

                           About Bulova

Bulova Technologies Group, Inc., was originally incorporated in
Wyoming in 1979 as "Tyrex Oil Company".  During 2007, the Company
divested itself of all assets and previous operations.  During
2008, the Company filed for domestication to the State of Florida,
and changed its name to Bulova Technologies Group, Inc., and
changed its fiscal year from June 30 to September 30.

Bulova reported a net loss attributable to the Company of $8.06
million on $18.72 million of revenues for the year ended Sept. 30,
2016, compared to a net loss attributable to the Company of $5.44
million on $1.75 million of revenues for the year ended Sept. 30,
2015.


CA REAL ESTATE: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: CA Real Estate Opportunity Fund II, LLC
        23046 Avenida de la Carlota, Suite 150
        Laguna Hills, CA 92653

Business Description: CA Real Estate operates in the real estate
                      industry.  It is related to WJA Asset
                      Management LLC, and related entities that
                      sought Chapter 11 protection on May 18, 2017

                      (Bankr. C.D. Cal. Lead Case No. 17-11996).

Case No.: 17-12125

Chapter 11 Petition Date: May 25, 2017

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

Judge: Hon. Scott C Clarkson

Debtor's Counsel: Lei Lei Wang Ekvall, Esq.
                  SMILEY WANG-EKVALL, LLP
                  3200 Park Center Drive, Suite 250
                  Costa Mesa, CA 92626
                  Tel: 714-445-1000
                  E-mail: lekvall@swelawfirm.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $50,000 to $100,000

The petition was signed by Howard Grobstein, chief restructuring
officer.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/cacb17-12125.pdfs



CAMPBELLTON-GRACEVILLE: Hires Lubell Rosen as Special Counsel
-------------------------------------------------------------
Campbellton-Graceville Hospital Corporation seeks authority from
the U.S. Bankruptcy Court for the Northern District of Florida to
employ Lubell Rosen as special health care counsel to the Debtor.

On August 22, 2016, the U.S. Office of Personnel Management, Office
of the Inspector General, began investigating the Debtor with
respect to alleged fraudulent and illegal billing practices related
to laboratory arrangements.

In August 2016, a special investigator from Blue Cross Blue Shield
began investigating claims submitted by the Debtor, under The
People's Choice Hospital's management, for laboratory service,
which federal investigation remains on-going as of the Petition
Date.

The Debtor requires the services of a special health care counsel
to assist the Debtor with the governmental and regulatory
healthcare filings and issues.

Lubell will be paid at these hourly rates:

     Attorney                $400-$450
     Paralegal               $165-$225

As of the petition date, Lubell holds a retainer in the amount of
$25,000.

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

Sandra P. Greenblatt, partner of Lubell Rosen, 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.

Lubell can be reached at:

     Sandra P. Greenblatt, Esq.
     LUBELL ROSEN
     1 Alhambra Plaza, Suite 1410
     Coral Gables, FL 33134
     Tel: (305) 655-3425

               About Campbellton-Graceville
                    Hospital Corporation

Campbellton-Graceville Hospital Corporation filed a Chapter 11
bankruptcy petition (Bankr. N.D.Fla. Case No. 17-40185) on April
17, 2017.  The Hon. Karen K. Specie presides over the case. Berger
Singerman LLP represents the Debtor as counsel.

In its petition, the Debtor estimated $1 million to $10 million in
assets and $1 million to $10 million to $50 million in liabilities.
The petition was signed by Marshall Glade of GlassRatner Advisory &
Capital Group, LLC, chief restructuring officer.


CARDINAL LOCAL SD: Moody's Affirms B1 Rating on $6.9MM GOULT Debt
-----------------------------------------------------------------
Moody's Investors Service has affirmed the B1 rating on Cardinal
Local School District, OH's general obligation unlimited tax
(GOULT) debt. The outlook remains negative. The B1 rating and
negative outlook apply to $6.9 million in outstanding debt.

The B1 largely reflects the district's very weak fund balance and
liquidity positions, which are the result of a multi-year
structural imbalance and contributed to a December 2015 missed debt
payment. The rating also incorporates the district's
moderately-sized tax base with underlying demographic weaknesses
particularly visible in a falling enrollment trend. Lastly, the
rating considers the district's modest debt burden but high pension
burden arising from participation in two underfunded cost-sharing
retirement plans.

Rating Outlook

The negative outlook reflects Moody's expectations that the
district's financial position could remain very weak despite voter
passage of a new operating levy in May 2017. While the new levy is
positive for the district, achievement of sustainable operational
balance will depend on voters renewing an outstanding levy in
November of this year. Moody's expects failure to renew the levy
will exert further pressure on the district's liquidity and credit
rating.

Factors that Could Lead to an Upgrade

Sustained trend of positive operations resulting in strengthened
reserves, which could occur with voter renewal of an expiring levy
this year

Moderation of the district's pension burden

Factors that Could Lead to a Downgrade

Continued structural imbalance leading to weakening of the
district's financial position

Failure to secure levy renewal later this year

Further delays and/or delinquencies in payment of debt service

Material increases to the district's debt and/or pension burden

Legal Security

The districts outstanding rated bonds are secured by a general
obligation unlimited tax pledge which benefits from a dedicated
property tax levy which is not limited as to rate or amount.

Use of Proceeds

Not applicable.

Obligor Profile

Cardinal Local School District encompasses 85 square miles in
Geauga County, approximately 35 miles southeast of the City of
Cleveland (A1 stable). It provides kindergarten through twelfth
grade education to 1,100 students within the village of Middlefield
and several surrounding towns.

Methodology

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


CARL MERKLE: Seay and Chapparo Buying Property for $1.33M
---------------------------------------------------------
Carl N. Merkle asks the U.S. Bankruptcy Court for the Southern
District of Texas to authorize the sale of land located at 4535
Schertz Road, San Antonio, Texas, NCB 12517, 551 E8, Lot 3 and 18,
Blk. 7, Bexar County, Texas, to Ron Seay and Jeff Chapparo for
$1,325,000.

On May 9th, 2017, the Debtor signed the Real Estate Contract to the
Property to the Buyers and which Contract was subsequently assigned
to Hero's Village, LLC or its assigns.  The contract originally
provided a purchase price of $1,400,000.  The sales price was then
decreased to $1,325,000.  The Buyers are now willing and able to
close on the sale.  There is a proposed closing date under the
Contract of June 12, 2017.  The Debtor also proposes that the sale
of the Property be "free and clear" of interests.

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

       http://bankrupt.com/misc/Carl_Merkle_166_Sales.pdf

The Property is a 28-unit apartment complex.  It currently has 23
tenants and/or occupied units. Bexar County assessed the value of
the property at $1,500,530.  Stouffer & Associates Real Estate
Appraisers appraised the value of the Property at $1,330,000.

On May 18, 2017 Capital Crossing Servicing Co., LLC and/or Pilgrim
REO, LLC filed an amended proof of claim against the Property in
the amount of $964,253.  The Debtor objects to the claim and
believes after hearing the objection, the Court will disallow most
or all of the claim and find the claim is not secured.  The payoff
amount owed to the secured lender on the real estate is $967,679 as
of May 31, 2017, the amount is also objected to, however according
to the secured lender the loan continues to accrue interest at $143
daily thereinafter.

Bexar County filed a claim for property taxes in the amount of
$66,599.  Janie Merkle filed a secured claim, based on a property
division agreement in divorce proceedings, in the amount of
$184,143.  Any additional claims against this estate are
anticipated to be less than $50,000.

Out of closing, Capital Crossing and/or Pilgrim REO, Bexar County,
Janie Merkle, and all closing costs will be paid at their claimed
amounts with the Debtor reserving the right to contest the amounts
paid post closing.  Any payments made to Capital Crossing and/or
Pilgrim REO are subject of adjustment by the Court pending the
outcome of claims objections as stated in the Confirmation Order.
The Administrative Expenses of $10,000 plus outstanding monthly
fees of $5,000 will be paid to The Smeberg Law Firm (Attorneys)
following the closing of the Property sale.  The remaining funds
will be held either in escrow with the title company or if the
title company is unable or unwilling to hold the funds, the funds
will be held in the Guerra Days Law Group, PLLC account at Chase
Bank until further order of the Court.

The Debtor is seeking expedited consideration.

The Debtor proposes to sell the Property and consents to the sale.
The price being obtained by the Debtor is less than the appraised
value.  However, the amount being obtained is enough to pay the
secured creditor, taxes, closing costs, all other likely creditors.
In regard to Capital Crossing Servicing and/or Pilgrim REO, the
claim is subject to a bona fide dispute.  Even if the Lender'ss
claim is found valid, it is in Lender's interest to have the
property sold.  Under these conditions, the Debtor contends the
sale is in the best interest of the estate and its creditors.
Accordingly, the Debtor respectfully asks that the Court enters an
Order approving the sale in accordance with the terms and
conditions set out and granting such other relief as is just and
proper.

The Purchasers can be reached at:

          Ron Seay and Jeff Chapparo
          P.O. Box 151355
          Austin, TX 78715-1355
          Telephone: (512) 689-6742
          Facsimile: (512)-986-3095
          E-mail: ronseay@yahoo.com
                  2jeffchap@gmail.com

Counsel for the Debtor:

          Ricardo Guerra, Esq.
          GUERRA | DAYS LAW GROUP, PLLS
          2211 Rayford Rd., Suite 111, #134
          Spring, TX 77386
          Telephone: (281) 760-4295
          Facsimile: (866) 325-0341
          E-mail: Bankruptcy@guerradays.com

                       About Carl Merkle

Carl N. Merkle is a licensed CPA who presently works in the
Non-profit affordable housing industry as an assistant controller.

In addition to his accounting work, the Debtor owns and operates
Northeast Village Apartments, which is the driving force behind
his Chapter 11 case.  The Debtor's only residence is the Northeast
Village Apartments and he has resided there since April 2012.

Carl N. Merkle filed for Chapter 11 bankruptcy protection (Bankr.
W.D. Tex. Case No. 16-50026) on Jan. 4, 2016.  Ronald J. Smeberg,
Esq., of The Smeberg Law Firm, PLLC, represents the Debtor.


CAROL LLOYD: Wants to Use Cash Collateral Until June 14
-------------------------------------------------------
Carol Lloyd, Inc., asks the U.S. Bankruptcy Court for the Western
District of North Carolina for permission to use cash collateral.

Potential secured creditors who may have perfected liens on cash
collateral include:

     a. Corporation Service Company, as Representative: UCC filed
        on Sept. 12, 2014, describing collateral as: any and all
        amounts owing to Debtor now or in the future from the
        merchant processor(s) processing charges made by customers

        of [Carol Lloyd] via credit card or debit card
        transactions; and

     b. EIN CAP, Inc.: UCC filed on Aug. 8, 2016, describing
        collateral as: all assets of [Carol Lloyd], now existing
        and hereafter arising, wherever located.

As of the Petition Date, the Debtor had accounts receivable of
approximately $295,000.  The Debtor needs to use these receivables
to continue normal operations and to maintain its going concern
value.

The Potential Secured Creditors have not yet consented to the
Debtor's use of cash collateral.

The Debtor believes that their accounts receivable will be
replenished through normal operations such that the total amount of
the outstanding receivables at any given time remains about the
same.  The Debtor proposes to adequately protect the Potential
Secured Creditors by giving them a replacement lien on postpetition
receivables to the same extent, and with the same priority, as any
prepetition perfected lien.  Additionally, the Debtor proposed to
make monthly adequate protection payments into a segregated
debtor-in-possession account in the amount of $2,000 per month.
The funds would remain in the segregated account until such time as
the court orders otherwise.  Any secured creditor would be entitled
to file a motion demonstrating their perfected secured status and
priority and entitlement to those funds.

The Debtor faces ordinary and necessary expenses on a daily basis.
The Debtor needs to use cash collateral to make payment of ordinary
operating expenses, in conformity with the proposed 30-day cash
collateral budget.  To the extent that the Debtor needs to spend
more than $268,938 of cash collateral during the 30 days following
entry of a cash collateral order, the Debtor would seek court
approval on an expedited basis.

The Debtor believes that it will successfully reorganize.  The
Debtor expects to have sufficient cash flow to pay all postpetition
debt as they come due, and to fund a Chapter 11 plan.

The May 15-June 14, 2017 Budget provides for:

     Anticipated Income      $295,000
     Anticipated Expenses    $273,938
  
A copy of the Debtor's request and the Budget is available at:

          http://bankrupt.com/misc/ncwb17-10207-2.pdf

                       About Carol Lloyd

Headquartered in Asheville, North Carolina, Carol Lloyd, Inc.,
doing business as MMDS of Asheville, has been providing X-ray
laboratory services (including dental) since 2004.  

Carol Lloyd, Inc., is an affiliate of MMDS of North Carolina Inc.,
which sought bankruptcy protection on April 7, 2017 (Bankr.
E.D.N.C. Case No. 17-01749).

Carol Lloyd, Inc., filed a Chapter 11 bankruptcy petition (Bankr.
W.D.N.C. Case No. 17-10207) on May 15, 2017, estimating its assets
at up to $50,000 and liabilities between $1 million and $10
million.  The petition was signed by Lloyd M. Williams, III,
authorized representative.

Judge George R. Hodges presides over the case.

David R. Badger, Esq., at David R. Badger, P.A., serves as the
Debtor's bankruptcy counsel.


CARRIE STEFANI: Sale of Hoboken Property for $1.2M Approved
-----------------------------------------------------------
Judge Stacey L. Meisel of the U.S. Bankruptcy Court for the
District of New Jersey authorized Carrie Stefani and Robert
Phillips to redeem their interest in the real property known as 221
Monroe Street, Hoboken, New Jersey, also known as Lot 7, Block 38,
Hoboken, New Jersey; and sell such property to 221 Monroe Street
Associates, LLC, for $1,200,000.

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

The Debtor may utilize the cash proceeds from the sale to redeem
the property from foreclosure in the action pending in the Superior
Court of New Jersey, Hudson County.  The parties to such action are
granted relief from the Automatic Stay of Bankruptcy Code Sec.
362(a) to the extent necessary to permit such redemption.

The Debtor may utilize the cash proceeds from the sale to pay all
ordinary closing costs and expenses, including legal fees, tax
certificates, real estate taxes, water and/or sewer liens and other
municipal charges, realty transfer fees and recording costs.  All
other valid liens, claims and encumbrances against the Property (if
any) will attach to the net cash proceeds of the sale.  Counsel to
the Debtor will hold the net proceeds of the sale in escrow pending
further order of the Court.

The Debtors are authorized to employ W. Mark O'Brien, Esq., at
Flowers & O'Brien, LLC as Special Real Estate Counsel to represent
them in connection with the sale authorized in the Order.

At the closing of the sale authorized, the Debtors may utilize the
sale proceeds to pay Special Real Estate Counsel a flat fee of
$3,500 as compensation for legal services.

The Stay of Order provided by Fed. R. Bankr. P. 6004(h) will not
apply to the Order.

Carrie Stefani and Robert Phillips sought Chapter 11 protection
(Bankr. D.N.J. Case No. 17-17255) on April 10, 2017.  The Debtors
tapped John O'Boyle, Esq., at Norgaard O'Boyle, as counsel.


CBAK ENERGY: Incurs $2.06 Million Net Loss in First Quarter
-----------------------------------------------------------
CBAK Energy Technology, Inc., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss of US$2.06 million on US$3.71 million of net revenues for
the three months ended March 31, 2017, compared to a net loss of
US$1.90 million on US$3.19 million of net revenues for the three
months ended March 31, 2016.

As of March 31, 2017, CBAK Energy had US$97.30 million in total
assets, US$86.45 million in total liabilities and US$10.84 million
in total shareholders' equity.

As of March 31, 2017, the Company had cash and cash equivalents of
$0.4 million.  Its total current assets were $35.2 million and its
total current liabilities were $57.0 million, resulting in a net
working capital deficiency of $21.8 million.  These factors raise
substantial doubts about the Company's ability to continue as a
going concern.

As of March 31, 2017, the Company had unutilized committed banking
facilities of $0.4 million.

"We are currently expanding our product lines and manufacturing
capacity in our Dalian plant, which require more funding to finance
the expansion," said the Company in the report.  "We may also
require additional cash due to changing business conditions or
other future developments, including any investments or
acquisitions we may decide to pursue.  We plan to renew these loans
upon maturity, if required, and plan to raise additional funds
through bank borrowings and equity financing in the future to meet
our daily cash demands, if required.  However, there can be no
assurance that we will be successful in obtaining this financing.
If our existing cash and bank borrowing are insufficient to meet
our requirements, we may seek to sell equity securities, debt
securities or borrow from lending institutions. We can make no
assurance that financing will be available in the amounts we need
or on terms acceptable to us, if at all.  The sale of equity
securities, including convertible debt securities, would dilute the
interests of our current shareholders.  The incurrence of debt
would divert cash for working capital and capital expenditures to
service debt obligations and could result in operating and
financial covenants that restrict our operations and our ability to
pay dividends to our shareholders.  If we are unable to obtain
additional equity or debt financing as required, our business
operations and prospects may suffer.

"In the meanwhile, due to the growing environmental pollution
problem, the Chinese government is currently providing vigorous
support to the new energy facilities and vehicle.  It is expected
that we will be able to secure more potential orders from the new
energy market, especially from the electric car market.  We believe
with that the booming future market demand in high power lithium
ion products, we can continue as a going concern and return to
profitability."

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

                     https://is.gd/TRgIop

                      About CBAK Energy

Dalian, China-based CBAK Energy Technology, Inc., formerly China
BAK Battery, Inc., incorporated on Oct. 4, 1999, is a holding
company.  The Company and its subsidiaries are principally engaged
in the manufacture, commercialization and distribution of a range
of standard and customized lithium ion (Li-ion) rechargeable
batteries for use in an array of applications.  The Company's
products are sold to packing plants operated by third parties
primarily for use in mobile phones and other electronic devices.
The Company conducts its manufacturing activities in China.

China Bank is the first China-based lithium battery company listed
in the U.S., in January 2005 (NASDAQ: CBAK).

The Company's subsidiaries include China BAK Asia Holdings Limited
(BAK Asia), Dalian BAK Trading Co., Ltd. (Dalian BAK Trading), and
Dalian BAK Power Battery Co., Ltd. (Dalian BAK Power). Dalian BAK
Trading focuses on the wholesale of lithium batteries and lithium
batteries' materials, import and export business, and related
technology consulting services.  Dalian BAK Power focuses on the
development and manufacture of high-power lithium batteries.

China BAK reported a net loss of US$12.65 million for the year
ended Sept. 30, 2016, following net profit of $15.87 million for
the year ended Sept. 30, 2015.  As of Dec. 31, 2016, CBAK Energy
had US$92.11 million in total assets, US$79.43 million in total
liabilities and US$12.67 million in total shareholders' equity.

Centurion ZD CPA Limited, in Hong Kong, China, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Sept. 30, 2016, stating that the Company has a
working capital deficiency, accumulated deficit from recurring net
losses and significant short-term debt obligations maturing in less
than one year as of Sept. 30, 2016.  All these factors raise
substantial doubt about its ability to continue as a going concern.


CCH JOHN: Court Says Motion For Cash Collateral Use Moot
--------------------------------------------------------
The Hon. Erik P. Kimball of the U.S. Bankruptcy Court for the
Southern District of Florida has denied CCH John Eagan II Homes,
L.P.'s request to continue using cash collateral for the period
following confirmation of the Debtor's Chapter 11 plan, saying that
authorization for the use of cash collateral is not necessary, or
appropriate.

As reported by the Troubled Company Reporter on Feb. 9, 2017, the
Court authorized the Debtor to use cash collateral through April
30, 2017.

Prior to the end of the period covered by that most recent cash
collateral order, on March 20, 2017, the Court entered the order
confirming the Debtor's third amended plan of reorganization.
Accordingly, the Debtor was authorized to use cash collateral
through the entry of the confirmation court order.

Upon confirmation of a Chapter 11 plan, unless the plan or the
confirmation court order provide otherwise, all property of the
estate vests in the Debtor.  In this case, neither the Plan nor the
confirmation court order contains a contrary provision.  Upon entry
of the confirmation court order in this case, there was no longer
any property of the estate and so there was no cash collateral.
After entry of the confirmation court order, nothing in Section 363
prohibited the Debtor from using its cash, negotiable instruments,
documents of title, securities, deposit accounts, or other cash
equivalents.

A copy of the court order is available at:

         http://bankrupt.com/misc/flsb15-31082-719.pdf

                  About CCH John Eagan II Homes

Headquartered in Palm Beach Gardens, Florida, CCH John Eagan II
Homes, L.P., owns and operates a 180 unit multifamily apartment
complex in Atlanta, Georgia commonly known as Magnolia Park
Apartments Phase II.  

CCH John Eagan II Homes filed for Chapter 11 bankruptcy protection
(Bankr. S.D. Fla. Case No. 15-31082) on Dec. 1, 2015.  The petition
was signed by Yashpal Kakkar, managing member, CCH John Eagan II
Partners, LLC, GP.  

At the time of the filing, the Debtor estimated assets between $1
million and $10 million and liabilities between $10 million and $50
million.

Judge Erik P. Kimball presides over the case.

Eric A. Rosen, Esq., at Fowler White Burnett, P.A., is serving as
bankruptcy counsel to the Debtor.  Robert P. Hein, Esq., at Robert
P. Hein, P.C., and Fowler, Hein, Cheatwood & Williams, P.A., are
serving as the Debtor's
special counsel evictions attorney.  Robert Ryan, MAI, of Meridian
Advisors, has been tapped as appraiser.

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


CDR HRB: S&P Revises Outlook to Negative & Affirms 'B' CCR
----------------------------------------------------------
S&P Global Ratings revised its rating outlook on Stamford,
Conn.-based CDR HRB Holdings Inc. and subsidiary High Ridge Brands
Co. (HRB) to negative from stable.  At the same time, S&P affirmed
its 'B' corporate credit rating on both companies and 'CCC+'
issue-level rating on HRB's $250 million 8.875% senior unsecured
notes due 2025.  The recovery rating on the notes is '6',
indicating S&P's expectation for negligible recovery (0%-10%;
rounded estimate: 0%) in the event of a default.  Gross debt
outstanding as of March 31, 2017 was $475.4 million.

"The outlook revision to negative from stable reflects HRB's weak
performance in the quarter ended March 31, 2017, including an
over-30% pro forma adjusted EBITDA decline resulting from increased
input costs, reduced consumption across the company's product
categories, escalating competition, and unfavorable retailer
actions," said S&P Global Ratings credit analyst Gerald Phelan.

The negative outlook reflects the potential for a lower rating over
the next six to 12 months if HRB is not be able to meaningfully
improve profitability following its poor performance in the third
quarter.  S&P could lower the ratings if it believes adjusted debt
to EBITDA will remain above 7.5x or free cash flow will fall well
below S&P's $20 million annual forecast.  This could result from
business losses at large retail customers or other unfavorable
actions with respect to pricing or shelf space; if consumer
spending or traffic in key customer stores drops; if competition
intensifies; or if input costs escalate.  A lower rating could also
result if HRB makes material debt-financed acquisitions without a
clear rebound in performance.

S&P could revise the outlook to stable if HRB is able to strengthen
EBITDA and cash flow in line with S&P's forecast, including
adjusted debt to EBITDA sustained comfortably below 7.5x.  S&P
believes this could happen if consumer spending holds up, HRB
maintains and strengthens its shelf space with large retailers,
input costs do not escalate, and competition does not intensify
meaningfully.


CENTRAL GROCERS: Gets Interim OK for New $205M Bankruptcy Loan
--------------------------------------------------------------
Matt Chiappardi of Bankruptcy Law360 reports that U.S. Bankruptcy
Judge Laurie Selber Silverstein has given Central Grocers Inc.
interim approval of up to $205 million in postpetion financing from
PNC Bank NA, to be used to help fund operations and a proposed
auction in which Jewel Food Stores Inc. has put in a planned, $100
million stalking horse bid for 19 locations owned by Central
Grocers and each of the stores' inventories.

A hearing on a final approval of the bankruptcy loan is scheduled
for early June, Law360 relays.

                      About Central Grocers

Joliet, Illinois-based Central Grocers, Inc. --
http://www.central-grocers.com/-- is a supplier to independent  
grocery stores in the Midwestern United States.  Formed in 1917,
Central Grocers is organized as a retail cooperative (co-op) owned
by the independent supermarket retailers that Central supplies.

Central Grocers is the seventh largest grocery cooperative in the
United States.  It supplies over 400 stores in the Chicago area
with groceries, produce, fresh meat, service deli items, frozen
foods, ice cream and exclusively the Centrella Brand distributor.
Sales have grown to $2.0 billion per year over the past 94 years.

Central Grocers sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Del. Lead Case No. 17-10993) on May 4,
2017.  Eleven affiliates of the company also filed separate Chapter
11 petitions (Bankr. D. Del. Case Nos. 17-10992, 17-10994 to
17-11003).  The petitions were signed by Donald E. Harer, chief
restructuring officer.

At the time of the filing, the Debtors estimated their assets and
debts at $100 million to $500 million.

The cases are assigned to Judge Brendan Linehan Shannon.

Weil, Gotshal & Manges LLP serves as the Debtors' bankruptcy
counsel.  The Debtors have also hired Richards, Layton & Finger
P.A. as local counsel; Lavelle Law, Ltd., as general corporate
counsel; Conway Mackenzie Inc. as financial advisor; and Peter J.
Solomon Company as investment banker.  Prime Clerk is the claims
and noticing agent.

The Official Committee of Unsecured Creditors formed in the cases
retained Kilpatrick Townsend & Stockton LLP and Saul Ewing LLP as
attorneys.


CHARLOTTE RUSSE: Moody's Cuts CFR to Caa1, Outlook Negative
-----------------------------------------------------------
Moody's Investors Service downgraded Charlotte Russe, Inc.'s
Corporate Family Rating ("CFR") and senior secured term loans to
Caa1 from B3. The Probability of Default Rating was also downgraded
to Caa1-PD from B3-PD and the outlook remains negative.

"Despite improved results in fiscal 2016, operating performance
over the next 12-18 months will continue to face headwinds in a
difficult retail environment causing Charlotte Russe to be unable
to improve its EBIT/Interest expense above 1.0 time, and making it
more challenging for the company to refinance its capital structure
which begins to come due in early 2019," said Moody's Analyst Dan
Altieri.

The downgrade to Caa1 reflects Moody's expectation that a
challenging operating environment, including declining mall traffic
trends and ongoing promotional activity, will constrain meaningful
growth for Charlotte Russe, resulting in EBITDA remaining well
below historical levels and credit metrics sustained near current
levels.

The negative outlook reflects Moody's expectation that the company
will be challenged to address the maturities on its asset-based
revolving facility ("ABL") and term loan which come due over the
next 24 months without a more significant improvement in operating
performance. Failure to address these maturities in a timely manner
could result in additional negative rating actions.

Moody's took the following rating actions:

Issuer: Charlotte Russe, Inc.

-- Corporate Family Rating, Downgraded to Caa1 from B3

-- Probability of Default Rating, Downgraded to Caa1-PD from B3-
    PD

-- $150 million Senior Secured Term Loan B due 2019
    (approximately $141 million outstanding), Downgraded to Caa1
    (LGD4) from B3 (LGD3)

-- $80 million Senior Secured Term Loan B due 2019 (approximately

    $76 million outstanding), Downgraded to Caa1 (LGD4) from B3
    (LGD3)

-- Outlook, remains Negative

RATINGS RATIONALE

Charlotte Russe's Caa1 CFR reflects the company's weak interest
coverage (EBIT/Interest Expense) which has remained below 1 time
despite improvements to operating performance over the LTM period.
The rating also reflects approaching debt maturities in the
company's capital structure, the company's low operating margins, a
history of aggressive financial policies, and event risk under
private equity ownership. The rating benefits from improved
operating performance seen through the fiscal 2016, including
positive comp sales, improved merchandise margins, and higher
EBITDA. The rating is also supported by the company's high, but
modest leverage for the rating, and its adequate liquidity
profile.

The Caa1 rating assigned to the company's senior secured term loans
is in line with the CFR since these loans represent a preponderance
of funded debt. The term loans mature in May 2019 and have a 2nd
lien position on the company's accounts receivable and inventory
(ranking junior to the recently upsized $80 million asset-based
revolver) and a 1st lien on substantially all other assets of the
borrower. Charlotte Russe leases substantially all of its
locations, therefore the company does not have meaningful real
estate holdings.

Ratings could be downgraded if operating performance worsens or
fails to improve resulting in a weakened liquidity profile
including an expectation that the company will be unable to
refinance its capital structure prior to the debt coming current in
2018. An increased likelihood of default, such as expectations for
a distressed exchange, could also result in a downgrade.

Ratings could be upgraded if Charlotte Russe is able to drive
revenue and earnings growth such that interest coverage
(EBIT/Interest) is sustained above 1.0 time. An adequate liquidity
profile and an expectation that the company will be able to address
upcoming maturities without impairment to lenders would also be
required for an upgrade.

The principal methodology used in these ratings was Retail Industry
published in October 2015.

Headquartered in San Francisco, CA, Charlotte Russe, Inc. is a
retailer of value-oriented `fast fashion' apparel and accessories,
targeting 18-24 year old women. As of January 31, 2017, the company
operated 564 retail stores in the US and Puerto Rico and generated
sales through its ecommerce and mobile platforms. Revenue for the
LTM period was $986 million. The company is owned by affiliates of
Advent International and current management.


CHINA FISHERY: Seeks OK of $20M Intercompany Bankr. Financing
-------------------------------------------------------------
BankruptcyData.com reported that China Fishery Group's Chapter 11
trustee filed with the U.S. Bankruptcy Court a motion for an order
authorizing the Company to obtain inter-company post-petition
financing on a super-priority administrative claim basis. The
motion explains, "The Trustee determined that certain of the
non-Debtor affiliates in which CFG Peru Singapore has a direct or
indirect interest, the CFG Peru Singapore Subsidiaries, would be a
logical source of such funding. Third party lenders other than the
CFG Peru Singapore Subsidiaries have been unwilling to lend to CFG
Peru Singapore on its own given that CFG Peru Singapore has no
operations of its own or assets other than its interest in the CFG
Peru Singapore Subsidiaries and its other subsidiaries. Moreover,
the CFG Peru Singapore Subsidiaries are currently in possession of
funds generated from their operations and from the sale of non-core
assets and expect to sell more non-core assets. As such, the CFG
Peru Singapore Subsidiaries were a logical source for this short
term financing. Lender is CFG Investment S.A.C. ('CFGI); borrower
is CFG Peru Investments ('CFG Peru Singapore') and the commitment
is $20,000,000. The interest rate is 8% and the default rate is
10%." The Court scheduled a June 6, 2017 hearing to consider the
motion, with objections due by May 30, 2017.

            About China Fishery Group Limited (Cayman)

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

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

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

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


CHINA NATURAL: Receives NASDAQ Notice on Delayed Form 20-F Filing
-----------------------------------------------------------------
China Natural Resources, Inc., a company based in the People's
Republic of China, on May 22, 2017, disclosed that it had received
a letter ("Deficiency Letter") from The Listing Qualifications
Department of The Nasdaq Stock Market, Inc., notifying the Company
that, in as much as its annual report on Form 20-F for the year
ended December 31, 2016 was not filed with the Securities and
Exchange Commission ("SEC") on or prior to the prescribed due date,
the Company no longer complies with Listing Rule 5250(c)(1), which
requires listed companies to timely file their periodic reports
with the SEC.  The Deficiency Letter also states that the Company
has until July 17, 2017 to submit a plan to regain compliance with
Nasdaq listing requirements; and, if the plan is accepted by
Nasdaq, the Company will then have until November 14, 2017 to file
the delinquent report and thereby regain compliance.  Until such
time as the Company regains compliance with Nasdaq listing
qualifications, an indicator reflecting the Company's
non-compliance (typically in the form of an "E" added to the end of
the Company's trading symbol) will be broadcast over Nasdaq's
market data dissemination network and will also be made available
to third party market data providers.

On May 16, 2017 the Company issued a press release in which it
reported that (a) the delay in filing the annual report is due to a
delay in completing an audit of its Bolivian subsidiary that was
acquired by the Company in December 2016 and (b) the Company
anticipates that the delinquent annual report will be filed with
the SEC on or before June 30, 2017.

                   About China Natural Resources

China Natural Resources, Inc. (NASDAQ: CHNR), a British Virgin
Islands corporation, through its operating subsidiary, is currently
engaged in trial production at its copper smelting plant in western
Bolivia, and anticipates that commercial production will commence
in the latter part of 2017.  Revenues are expected from sales of
copper cathodes in markets including Bolivia, Germany and China.

The Company reported a net loss of US$5.471 million on US$2.825
million of revenue in 2015.

The Company's balance sheet showed $7.956 million in assets against
$9.846 million in liabilities as of Dec. 31, 2015.


CHOUDRIES INC: Chapter 11 Trustee Taps R.B. Hill as Accountant
--------------------------------------------------------------
Lawrence V. Young, the Chapter 11 Trustee of Choudries, Inc., dba
Super Seven Food Mart, seeks authority from the U.S. Bankruptcy
Court for the Middle District of Pennsylvania to employ R.B. Hill,
Ltd. as accountant for the estate.

The Chapter 11 Trustee will need the services of an accountant for
the purpose of preparing the Debtor's 2015 and 2016 Federal and
State Income Tax Returns.

R.B. Hill will be compensated at hourly rates of between $150 and
$200 plus a flat fee of $575 for the preparation of each years' tax
returns. Any compensation shall be paid only upon approval by the
Bankruptcy Court.

Richard Blickstein of R.B. Hill 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.

R.B. Hill can be reached at:

       Richard Blickstein
       R.B. HILL, LTD.
       1964 Deer Path Road
       Harrisburg, PA 17110
       Tel: (717) 329-8354

                        About Choudries, Inc.

Headquartered in Mechanicsburg, Pennsylvania, Choudries Inc. dba
Super Seven Food Mart filed for Chapter 11 bankruptcy protection
(Bankr. M.D. Pa. Case No. 16-02475) on June 13, 2016, and is
represented by Gary J. Imblum, Esq., at Imblum Law Offices, P.C.
The petition was signed by Abdul Akhter, president. The Debtor
estimated its assets and liabilities at between $1 million and $10
million each. Judge Mary D. France presides over the case.


CLAYTON WILLIAMS: Moody's Withdraws All Ratings Over Noble Deal
---------------------------------------------------------------
Moody's Investors Service has withdrawn all of its ratings for
Clayton Williams Energy, Inc. The withdrawals follow Clayton
Williams' acquisition by Noble Energy, Inc. (Noble, Baa3 stable) in
April 2017 and the repayment of all of Clayton Williams'
outstanding debt.

Withdrawals:

Issuer: Clayton Williams Energy, Inc.

-- Probability of Default Rating, Withdrawn, previously rated
    Caa3-PD, on review for upgrade

-- Speculative Grade Liquidity Rating, Withdrawn, previously
    rated SGL-3

-- Corporate Family Rating, Withdrawn, previously rated Caa3, on
    review for upgrade

-- Senior Unsecured Regular Bond/Debentures, Withdrawn,
    previously rated Ca (LGD 5), on review for upgrade

Outlook Actions:

Issuer: Clayton Williams Energy, Inc.

-- Outlook, Changed To Rating Withdrawn From Rating Under Review

RATINGS RATIONALE

On April 24, 2017, Noble acquired Clayton Williams following
approval by the stockholders of Clayton Williams. All of the
outstanding Clayton Williams senior notes were called for
redemption by Clayton Williams prior to the close of the
acquisition and have now been redeemed.

Clayton Williams Energy, Inc. is an independent exploration and
production company headquartered in Midland, Texas that was
acquired by Noble Energy, Inc. in April 2017.


CORE COMMUNICATIONS: Hires Offit Kurman as Counsel
--------------------------------------------------
Core Communications Inc. seeks authorization from the U.S.
Bankruptcy Court for the District of Columbia to employ Offit
Kurman, P.A. as counsel, under a general retainer.

The Debtor requires Offit Kurman to:

   (a) advise the Debtor with respect to its powers and duties as
       Debtor in its continued and future financial affairs;

   (b) represent the Debtor in the prosecution and/or defense of
       any proceeding instituted to reclaim property or to obtain
       relief from the stay of Section 362(a) of the Bankruptcy
       Code;

   (c) prepare any necessary applications, orders, reports,
       notices, and other legal documents and to appear on the
       Debtor's behalf in proceedings instituted by or against the
       Debtor;

   (d) assist the Debtor in the preparation of schedules,
       statement of affairs, statement of executory contracts, and

       any amendments thereto which the Debtor is required to
       file in these proceedings; and

   (e) represent the Debtor in its dealings with his creditors.

The Debtor desires to retain Gregory P. Johnson and Edward J.
Tolchin, attorneys of Offit Kurman, whom it believes to be
competent and experienced in such matters and familiar with the
affairs of the Debtor, and requests that it be authorized to employ
said counsel.

Offit Kurman will be paid at these hourly rates:

       Edward J. Tolchin        $385
       Gregory Johnson          $360

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

Mr. Tolchin and Mr. Johnson 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.

Offit Kurman can be reached at:

       Edward J. Tolchin, Esq.
       Gregory P. Johnson, Esq.
       OFFIT KURMAN, P.A.
       4800 Montgomery Lane, 9th Floor
       Bethesda, MD 20814
       Tel: (240) 507-1700
       Fax: (240) 507-1735
       E-mail: gjohnson@offitkurman.com
               etolchin@offitkurman.com

                  About Core Communications

Core Communications -- http://www.coretel.net-- provides Carriers,
ISPs and ASPs with tailored telecommunications services, leveraging
voice and data convergence.

Core Communications Inc., based in Annapolis, Maryland, filed a
Chapter 11 petition (Bankr. D.D.C. Case No. 17-00258) on May 2,
2017.  The Hon. S. Martin Teel, Jr. presides over the case.
Gregory P. Johnson, Esq., at Offit Kurman, P.A., serves 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 Christopher Van de Verg, general counsel.


CROSBY US: Moody's Cuts CFR to Caa2; Outlook Stable
---------------------------------------------------
Moody's Investors Service downgraded Crosby US Acquisition Corp.'s
(Crosby) Corporate Family Rating (CFR) to Caa2 from Caa1 and
Probability of Default Rating (PDR) to Caa2-PD from Caa1-PD.
Concurrently, Moody's affirmed the ratings on the senior secured
first lien credit facilities at Caa1 and downgraded the senior
secured second lien debt rating to Ca from Caa3. The ratings
outlook is stable.

The ratings downgrade reflects Crosby's lower than expected
operating performance, driven by an adverse operating environment
from the recent trough in oil prices and weak industrial activity
over 2015 and 2016. Depressed demand from the company's energy and
industrial end market customers led to unprecedented revenue
declines (by 40% since 2014) and weak EBITA margins in the low
single digits, despite cost measures, resulting in negative annual
free cash flow and very high financial leverage of over 10x (all
metrics after Moody's standard adjustments). The leverage profile
is inconsistent with a Caa1 rating. Moreover, although Moody's
expects the credit metrics to improve moderately over the next
year, given stabilizing conditions in certain end markets and
anticipated efficiency gains, leverage is likely to remain elevated
above 10x for the near term.

Moody's took the following rating actions:

Downgrades:

Issuer: Crosby US Acquisition Corp.

-- Corporate Family Rating, to Caa2 from Caa1

-- Probability of Default Rating, to Caa2-PD from Caa1-PD

-- Senior Secured Second Lien Bank Credit Facility due 2021, to
    Ca (LGD6) from Caa3 (LGD6)

Affirmations:

Issuer: Crosby US Acquisition Corp.

-- Senior Secured First Lien Revolver due 2018, at Caa1 (LGD3)

-- Senior Secured First Lien Revolver due 2020, at Caa1 (LGD3)

-- Senior Secured First Lien Term Loan due 2020, at Caa1 (LGD3)

Outlook Actions:

Issuer: Crosby US Acquisition Corp.

-- Outlook, Remains Stable

RATINGS RATIONALE

The Caa2 CFR balances Moody's expectation of high financial
leverage above 10x and the company's exposure to capital-intensive
and cyclical end markets, against its global presence, good
customer and product diversification, and strong brand recognition
in highly engineered industrial lifting and rigging equipment.
Moody's also anticipates that margins will improve over the next
year (incl. EBITA margin approaching 10%), supported by ongoing
cost and manufacturing efficiency initiatives and moderate organic
top line growth (at least in the mid-single digits), based on
positive trends in backlog orders, higher domestic oil rig counts
and expectation of modest growth in the industrial sector. Moody's
believes the company is likely to yield greater savings from its
efficiency initiatives after completion of its facility upgrades.
This is expected to occur by the end of Q3 2017 with the benefits
likely to become fully realized through 2018. The company's
adequate liquidity also lends support to the ratings.

The adequate liquidity profile is characterized by an undrawn
revolving credit facility with $65 million in commitments, good
cash balances and no near term maturities for the majority of the
debt structure. Moody's expect cash balances to be maintained in
the $40 to $50 million range at a minimum over the next year.
Moody's anticipates that capital expenditures will remain elevated
as the company completes a major facility upgrade for which it has
secured additional financing. Moody's believes cash balances,
reported at $64 million as of December 31, 2016, and revolver
availability should be sufficient to finance the company's cash
outlays over the next 12 to 15 months. Moody's also expects Crosby
to maintain good headroom under the springing first lien net
leverage covenant, which applies if utilization exceeds 25% of the
facility. There are no financial maintenance covenants on the rated
term loans.

The one-notch downgrade of the senior secured second lien bank
credit facility to Ca incorporates the impact of the lower CFR and
Moody's expectation of recovery in the liability structure under
Moody's Loss Given Default waterfall.

The stable ratings outlook is based on Moody's expectation that the
company's credit metrics will improve modestly over the next year,
benefiting from stabilizing fundamentals in the certain industrial
end markets, including upstream energy, and efficiency gains. The
stable outlook also anticipates that Crosby will maintain an
adequate liquidity profile.

Downwards rating momentum could occur with a weakening liquidity
position, including a reliance on revolver borrowings for working
capital needs, or if Moody's expects free cash flow generation to
deteriorate further. A continued decline in operating results,
leading to further declines in margins and/or an increase in
financial leverage could also pressure the ratings as could
shareholder-friendly actions that compromise creditor interests.

The ratings could be upgraded if the company sustained an
improvement in revenues and margins along with stabilizing to
positive fundamentals across the company's end markets, such that
Crosby demonstrated a capacity to maintain leverage below 8 times,
EBITDA -- Capex / Interest above 1 times and at least an adequate
liquidity profile.

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

Crosby US Acquisition Corp, a subsidiary of Crosby Worldwide Ltd,
is a manufacturer of highly-engineered lifting and rigging
equipment, as well as customized material handling solutions. The
company is based in Tulsa, Oklahoma and had annual revenues of
about $275 million during the fiscal year ended December 31, 2016.
The company is owned by affiliates of Kohlberg Kravis Roberts & Co.
L.P. (KKR).


CYTORI THERAPEUTICS: Stockholders Elect Seven Directors
-------------------------------------------------------
Cytori Therapeutics, Inc., held its 2017 annual meeting of
stockholders on May 22, 2017, at which the stockholders:

   (1) elected David M. Rickey, Richard J. Hawkins, Marc H.
       Hedrick, M.D., Gregg A. Lapointe, Gary A. Lyons, Ronald A.
       Martell and Gail K. Naughton, Ph.D. as directors;

   (2) ratified the appointment of BDO USA, LLP, independent
       registered public accountants, to act as the Company's
       independent auditors for the fiscal year ending Dec. 31,
       2017;

   (3) approved the amendment and restatement of the Company's
       2014 Equity Incentive Plan; and

   (4) voted to hold an advisory vote on executive compensation
       every year.  

The Board of Directors will make a determination as to frequency of
an advisory vote on the compensation of its executive officers
based on the results.  The Company is required to hold votes on the
frequency of advisory votes on executive compensation at least
every six years.

                        About Cytori

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

Cytori reported a net loss of $22.04 million for the year ended
Dec. 31, 2016, compared to a net loss of $18.74 million for the
year ended Dec. 31, 2015.

BDO USA, LLP, in San Diego, California, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2016, stating that the Company has suffered
recurring losses and negative cash flows from operations that raise
substantial doubt about its ability to continue as a going concern.


DAWSON INTERNATIONAL: Hires Deloitte as Tax Advisor
---------------------------------------------------
Dawson International Investments (Kinross) Inc., et al., seek
authority from the U.S. Bankruptcy Court for the Southern District
of New York to employ Deloitte Tax LLP, as tax advisor to the
Debtors.

Dawson International requires Deloitte to advise and assist the
Debtors in responding to (i) the State of Massachusetts taxing
authority's notice with respect to a filed state income tax return,
(ii) the New York City taxing authority's proof of claim
allegations, and (iii) the Internal Revenue Service's notice with
respect to a filed federal income tax return.

Deloitte will be paid at these hourly rates:

     Partner/Principal/Managing Director             $848-$928
     Senior Manager                                  $752-$792
     Manager                                         $648-$680
     Senior Analyst                                  $536
     Staff                                           $424

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

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

Deloitte can be reached at:

     Adam Moehring
     DELOITTE TAX LLP
     200 Berkeley Street, 7th Floor
     Boston, MA 02116
     Tel: (617) 437-2000

                   About Dawson International
                   Investments (Kinross) Inc.

Dawson International is in the cashmere business. It comprises two
trading divisions, based in the UK and the USA. The UK division
comprises the Barrie Knitwear business, based in Hawick Scotland.
It manufactures highest quality cashmere garments at its factory in
the Scottish borders and sells to some of the world's most
prestigious couture houses, department stores and private label
retail outlets.

Based in Natick, Massachusetts, Ilion Properties, Inc., Dawson
International Investments (Kinross) Inc., Dawson International
Properties, Inc., DCC USA Inc., and Dawson Luxury Garments LLC
filed separate Chapter 11 bankruptcy petitions (Bankr. S.D.N.Y.
Case Nos. 16-11550 to 16-11554) on May 27, 2016. The Hon. James L.
Garrity Jr. presides over the cases.

Patrick L. Hayden, Esq., and Nathan S. Greenberg, Esq., at
McGuireWoods LLP, serve as counsel to the Debtors. Deloitte Tax LLP
has been tapped as tax service provider and Qualified Annuity
Services, Inc. as pension plan consultants to the Debtors.

Each of the Debtors estimated between $1 million to $10 million in
both assets and liabilities.  The petitions were signed by David G.
Cooper, president and sole director.

The U.S. Trustee has been unable to appoint an official committee
of unsecured creditors in the Debtors' cases.



DELAWARE SPORTS: Taps Hiller Law as Legal Counsel
-------------------------------------------------
Delaware Sports Complex, LLC seeks approval from the U.S.
Bankruptcy Court for the District of Delaware to hire legal
counsel.

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

Adam Hiller, Esq., the attorney designated to represent the Debtor,
will charge an hourly fee of $375.  Jackie Fox, an intern, will
charge $200 per hour.

Hiller received a retainer in the amount of $15,000, which it
applied for work performed and expenses incurred prior to the from
the Debtor's bankruptcy filing.  Moreover, the Debtor will pay an
additional $7,500, which the firm will hold as security during the
case.

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

The firm can be reached through:

     Adam Hiller, Esq.
     Hiller Law, LLC
     1500 North French Street, 2nd Floor
     Wilmington, DE 19801
     Tel: (302) 442-7677
     Email: ahiller@hillerarban.com

                   About Delaware Sports Complex

Delaware Sports Complex, LLC owns the Delaware Sports Complex, a
180-acre state-of-the art indoor and outdoor sports facility for
training and play.  Located in Middletown, Delaware, the complex
serves as a hub for tournaments of all different sports.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Del. Case No. 17-11175) on May 23, 2017.  Daniel
Watson, manager signed the petition.  

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


DENBURY RESOURCES: Moody's Hikes CFR to Caa1; Outlook Stable
------------------------------------------------------------
Moody's Investors Service upgraded Denbury Resources Inc.'s
Corporate Family Rating to Caa1 from Caa2, the ratings on its
senior subordinated notes to Caa2 from Caa3 and the rating on the
senior secured second lien notes due 2021 to B3 from Caa1. The
Speculative Grade Liquidity Rating was affirmed at SGL-3. The
outlook is stable.

"The upgrade of Denbury's Corporate Family Rating reflects its
improved capital structure and Moody's expectations it will grow
production while spending within cash flows," said James Wilkins,
Moody's Vice President -- Senior Analyst.

The following summarizes the ratings.

Ratings upgraded:

Denbury Resources Inc.

-- Corporate Family Rating -- Caa1 from Caa2

-- Probability of Default Rating -- Caa1-PD from Caa2-PD

-- Senior Secured Regular Bond/Debenture -- B3 (LGD3) from
    Caa1(LGD3)

-- Senior Subordinated Notes due 2021 -- Caa2 (LGD5) from Caa3
    (LGD5)

-- Senior Subordinated Notes due 2022 - Caa2 (LGD5) from Caa3
    (LGD5)

-- Senior Subordinated Notes due 2023 - Caa2 (LGD5) from Caa3
    (LGD5)

Affirmations:

-- Speculative Grade Liquidity Rating, Affirmed SGL-3

Outlook:

Outlook, Revised to Stable from Negative

RATINGS RATIONALE

The upgrade to a Caa1 CFR reflects improvements in Denbury's
capital structure and Moody's expectation that the company will
modestly grow its production in 2017-2018 as it increases capital
expenditures, while limiting negative free cash flow. Denbury
reduced balance sheet debt by approximately $530 million in 2016
through debt exchanges and open market repurchases. Its first
quarter 2017 interest cost of $32 million (as reported, including
amounts capitalized) is down one-third from the prior year quarter
and interest coverage (EBITDA / interest expense, including Moody's
analytical adjustments) was 2.5x. As the company ramps up its
capital spending, it will start to slowly grow production volumes.
Denbury has guided that its 2017 capital expenditures will be $300
million, up from $238 million in 2016 and 2017 production volumes
will be roughly flat with the 2016 exit rate, but 2018 will show
modest growth.

Denbury has kept free cash flow generation near breakeven levels
over the past year and would have had roughly breakeven free cash
flow in the first quarter 2017, if it were not for the $27 million
payment on settlement of commodity derivatives. Commodity price
hedges contributed positively to cash flows in the first half 2016,
but since then have been a headwind. Denbury, which predominately
produces crude oil, has hedges on approximately one quarter of
production for the second half 2017 and no hedges beyond 2017.
Moody's expects Denbury to generate negative free cash flow of less
than $100 million in 2017 and modest positive free cash flow in
2018.

The SGL-3 Speculative Grade Liquidity Rating reflects Moody's
expectation that Denbury will have adequate liquidity, primarily
supported by ample availability under its revolving credit facility
which matures in December 2019. The revolver borrowing base, which
was redetermined at $1.05 billion in May 2017 should be sufficient
to meet Denbury's borrowing needs through 2018. There was $355
million of borrowings and $72 million of letters of credit
outstanding under the revolving credit agreement resulting in more
than $600 million of availability as of March 31, 2017. The credit
facility's financial covenants limit senior secured debt (currently
only revolver debt) to EBITDA to a maximum of 3.0x through 2018Q1
(2.5x thereafter) and require a minimum interest coverage ratio of
1.25x and a minimum current ratio of 1x. Moody's expects the
company to remain in compliance with the financial covenants
through 2018 and will generate slightly negative free cash flow in
2017 and positive free cash flow in 2018. The company's
subordinated notes mature in 2021-2023 and the senior secured
second lien notes mature in May 2021.

The stable outlook reflects Moody's expectation that Denbury will
produce flat to modestly growing volumes in 2017-2018, while
limiting its negative free cash flow. The ratings could be upgraded
if Denbury's retained cash flow to debt approaches 10%, while
maintaining adequate liquidity. It would also need to demonstrate a
growing trend in production while achieving a leveraged full-cycle
ratio (LFCR) approaching 1x. The ratings may be downgraded if
liquidity weakens or retained cash flow to debt deteriorates to
less than 5% on a sustained basis.

The principal methodology used in these ratings was Independent
Exploration and Production Industry published in May 2017.

Denbury Resources Inc., headquartered in Plano, Texas, is an
independent oil and gas company with operations in the Gulf Coast
and Rocky Mountain regions. The company has a significant emphasis
on carbon dioxide enhanced oil recovery (CO2 EOR) operations used
to recover oil from mature fields.


DENTON HARDWOODS: Court Denies Bid for Cash Collateral Use
----------------------------------------------------------
The Hon. Lena Mansori James of the U.S. Bankruptcy Court for the
Middle District of North Carolina has denied Denton Hardwoods,
Inc.'s request to use cash collateral of Branch Banking and Trust
Company.

As reported by the Troubled Company Reporter on May 10, 2017, the
Debtor sought permission from the Court to use cash collateral of
BB&T.  The Debtor does not have in place any credit facility which
would allow for it to borrow funds for the purpose of operation
thereby requiring them to use the cash generated from their
operations to pay all expenses incurred in the ordinary course of
business.  If the cash on hand, cash generated from accounts
receivable through the operation of the Debtor's business, cash
generated from the use of the Debtor's inventory, and income from
the Debtor's business are cash collateral, then the Debtor is
restricted from using the same without either the consent of those
parties claiming a secured interest on the cash collateral or court
approval.

                     About Denton Hardwoods

Denton, North Carolina-based Denton Hardwoods, Inc., is in the
business of drying, grading and preparing untreated timber.  The
Debtor has been in business since 2001 and through September 2015
of this year has had gross sales in excess of $300,000.  Denton
Hardwoods owns real property located at 8811 New Hope Road, Denton,
North Carolina, which is used by the Debtor for production.

Denton Hardwoods previously sought Chapter 11 bankruptcy protection
(Bankr. M.D.N.C. Case No. 15-11211) on Nov. 5, 2015.

On April 28, 2017, Denton Hardwoods again sought bankruptcy
protection (Bankr. M.D.N.C. Case No. 17-10510), estimating assets
and liabilities between $100,001 and $500,000 each.  The petition
was signed by Robert Gray Conner, president and the holder of 100%
of the stock.

Phillip E. Bolton, Esq., at Bolton Law Group, was the Debtor's
counsel in the 2015 case and continues to serve as the Debtor's
bankruptcy counsel.

Judge Lena Mansori James, who was also the case judge in the
previous case, presides over the new case.


DR. LUIS A VINAS: Wants to Continue Using Cash Collateral
---------------------------------------------------------
Dr. Luis A. Vinas, MD, PA, asks, for the second time, for
permission from the U.S. Bankruptcy Court for the Southern District
of Florida to use cash collateral.

The Court previously granted a motion by the Debtor to use cash
collateral to fund ongoing ordinary and necessary operations
itemized on the Budget for the period commencing on April 17, 2017,
and ending on May 16, 2017.

King's Cash Group, LG Funding LLC, Pearl Capital Rivis Ventures,
Bank United and On Deck Capital ("Secured Claimants") may claim an
interest in cash collateral.

The Debtor wants to use cash collateral to continue to operate the
Debtor's plastic surgery business, to allow for the recovery of
existing accounts receivables and conversion to cash of existing
receivables and for the expenditures of prepetition receivables and
postpetition receipts.

Unless authorized to use the cash received in the ordinary course
of business, the Debtor will be unable to remain in business and
provide the necessary services and care for the patients whose
health and safety is dependent upon the ability to provide the
necessary care.  These expenditures also must be made to maintain
compliance with the various regulatory and licensing agencies who
have authority over the Debtors' affairs.  In addition, the estate
is administratively insolvent.  Therefore, in the absence of the
ability to spend and reorganize, all creditors will receive less
than their allowed claims and most will receive no distribution at
all.

The Secured Claimants have not consented to the Debtor's use of
cash collateral.

As adequate protection for the use of the cash collateral, the
Debtor will, with the Court's permission, grant the Secured
Claimants a continuing lien on cash and other receivables.  In
addition, by remaining a going concern the Debtor will be able to
collect its existing accounts receivable and will be a benefit to
the other creditors of the Debtor's estate.  Finally, the Debtor
will be able maintain operations and therefore generate new and
future receivables all of which will provide adequate protection
for the use of its cash collateral.

No additional liens, other than replacements liens, in the cash,
will be provided to the Secured Claimants.  Adequate protection
will be provided by the increase in value of collateral (i.e. the
realization of the accounts receivable) by virtue of the continued
orderly operations of the business, and monthly interest payments
as reflected in the budget.

Copies of the Motion and the Budget are available at:

          http://bankrupt.com/misc/flsb17-14765-41.pdf
          http://bankrupt.com/misc/flsb17-14765-41-1.pdf

                About Dr. Luis A. Vinas, MD PA.

Dr. Luis A. Vinas, MD PA, is engaged in the health care business
and is 100% owned by Dr. Luis A. Vinas.  Dr. Vinas is Board
Certified by The American Board of Plastic Surgery.  For over two
decades, Dr. Vinas has been nationally recognized for his surgical
techniques and minimally invasive surgical procedures.  Dr. Vinas
is a plastic surgeon specializing in cosmetic and reconstructive
surgery including facelifts, tummy tucks, breast augmentation,
single-stage breast  reconstruction, liposuction, body contouring,
and anti-aging procedures.

Dr. Luis A. Vinas, MD PA, filed a Chapter 11 petition (Bankr. S.D.
Fla. Case No. 17-14765) on April 17, 2017.  Luis A Vinas, MD,
president and 100% owner, signed the petition.  The case is
assigned to Judge Paul G. Hyman, Jr.  The Debtor is represented by
Nicholas B. Bangos, Esq., at Nicholas B. Bangos, P.A.  At the time
of filing, the Debtor had estimated assets of at least $50,000 and
liabilities ranging from $1 million to $10 million.


DRAFT BARS: Hires Christine A. Roberts as Bankruptcy Counsel
------------------------------------------------------------
Draft Bars LLC, seeks authority from the U.S. Bankruptcy Court for
the District of Nevada to employ The Law Offices of Christine A.
Roberts PLLC, as general bankruptcy counsel.

On February 21, 2017, an Order was entered approving the employment
of The Furnier Muzzo Group LLC, as general bankruptcy counsel to
the Debtor.

Christine A. Roberts is no longer with The Furnier Muzzo Group LLC
and has established her own new firm effective as of April 3,
2017.

Draft Bars requires Christine A. Roberts to:

   a. prepare on behalf of the Debtor and debtor in possession,
      all necessary or appropriate motions, applications, orders,
      answers, reports and other papers in connection with the
      administration of the Debtor's estate;

   b. take necessary and appropriate actions in connection with a
      plan of reorganization and related disclosures statements
      and all related documents and such further actions as may
      be required actions in connection with the administration
      of the case;

   c. take any and all necessary actions to protect and preserve
      the estate of the Debtor, including the prosecution of
      actions of the Debtor's behalf, the defense of any actions
      against the Debtor, the negotiations of disputes in which
      the Debtor is involved and objections to claims filed
      against the Debtor's estate; and

   d. perform all other necessary legal services in connection
      with the Chapter 11 case.

Christine A. Roberts will be paid at these hourly rates:

     Attorney                              $300
     Paralegals/Legal Assistants           $50

Christine A. Roberts will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Christine A. Roberts, member of The Law Offices of Christine A.
Roberts PLLC, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estates.

Christine A. Roberts can be reached at:

     Christine A. Roberts, Esq.
     THE LAW OFFICES OF CHRISTINE A. ROBERTS PLLC
     3815 S. Jones Blvd. Suite 5
     Las Vegas, NV 89103
     Tel: (702) 728-5285
     E-mail: christine@crobertslaw.net

                   About Draft Bars LLC

Draft Bars LLC sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Nev. Case No. 16-16656) on Dec. 15, 2016. The
petition was signed by Michael Manion, managing member.

The case is assigned to Judge Mike K. Nakagawa.

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

Christine A Roberts, Esq., at The Furnier Muzzo Group LLC serves as
the Debtor's legal counsel.



E&I HOLDINGS: Hires Clean Water as Consultant
---------------------------------------------
E&I Holdings LP, Wise Kosher Natural Poultry, Inc., PA Farm
Products, LLC and E&I Management, LLC seek authorization from the
U.S. Bankruptcy Court for the Eastern District of New York to
employ Clean Water, Inc. as consultant.

The Debtors require Clean Water to:

   (a) conduct an onsite evaluation of the wastewater treatment
       plant operating system (the "WWTP") to determine if any
       damage exists that may prevent the WWTP from operating to
       its design capacity in the future;

   (b) prepare a report describing the damage, if any; and

   (c) prepare a report suggesting any needed repairs.

Clean Water advised the Debtors its willingness to serve as
consultant and to accept compensation from a third party, expected
to be one of the Debtors' principals. Until the plant is
operations, the charges will be $75 per hour, and expenses
associated with commuting to the job site will be billed at $0.65
per mile.

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

Brian Norris, president of Clean Water, 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.

Clean Water can be reached at:

       Brian Norris
       CLEAN WATER, INC.
       170 Dallas St.
       Atglen, PA 19310

                   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.


EAGAN AVENATTI: Hires Baker & Hostetler as Counsel
--------------------------------------------------
Eagan Avenatti, LLP, seeks authority from the U.S. Bankruptcy Court
for the Middle District of Florida to employ Baker & Hostetler LLP,
as counsel to the Debtor.

Eagan Avenatti requires Baker & Hostetler to:

   a. advise the Debtor to its rights and duties in the
      bankruptcy case;

   b. prepare pleadings related to the case, including a
      disclosure statement and a plan of reorganization;

   c. negotiate with creditors in the case with respect to
      treatment under the Plan of Reorganization;

   d. solicit acceptances for the Disclosure Statement and a Plan
      of Reorganization; and

   e. take any and all other necessary action incident to the
      proper preservation and administration of the estate.

On March 15, 2017, Global Baristas US, LLC, paid a retainer to
Baker & Hostetler of $100,000 for fees and expenses incurred on the
Debtor's behalf in connection with the bankruptcy case.

On March 3, 2017 through March 10, 2017, Global Baristas paid
Global Baristas fees and costs totaling $22,627.88 from the
$100,000 retainer, leaving $77,375.12.

On or before April 12, 2017, Global US shall pay an additional
retainer to Global Baristas of $100,000, for a collective Chapter
11 retainer of $177,375.12.

Baker & Hostetler will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Elizabeth A. Green, member of Baker & Hostetler LLP, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Baker & Hostetler can be reached at:

     Elizabeth A. Green, Esq.
     BAKER & HOSTETLER LLP
     200 South Orange Avenue
     Orlando, FL 32801-3432
     Tel: (407) 649-4000
     Fax: (407) 841-0168

                   About Eagan Avenatti, LLP

Headquartered in Newport Beach, California, Eagan Avenatti LLP is a
firm that provides legal services specializing in commercial, civil
law and business litigation cases.

Eagan Avenatti filed a Chapter 11 petition (Bankr. C.D. Cal. Case
No. 17-11878) on May 10, 2017.  The Hon. Catherine E. Bauer
presides over the case.  Elizabeth A. Green, Esq., at Baker &
Hostetler LLP, serves as bankruptcy counsel.

An involuntary case under Chapter 11 was previously filed against
Eagan Avenatti on March 1, 2017 (Bankr. M.D. Fla. Case
6:17-bk-01329). That case was transferred to Santa Ana Division and
reassigned to Bankruptcy Judge Catherine E. Bauer under the new
case number 17-11878-CB.


EAGLECLAW MIDSTREAM: S&P Assigns 'B+' CCR; Outlook Stable
---------------------------------------------------------
S&P Global Ratings said it assigned its 'B+' long-term corporate
credit rating to Midland, Texas-based EagleClaw Midstream Ventures
LLC.  The outlook is stable.

At the same time, S&P Global Ratings assigned its 'B+' issue-level
rating and '3' rating to the company's $1.25 billion senior secured
term loan due 2024.  The '3' recovery rating indicates lenders can
expect meaningful (50%-70%; rounded estimate 65%) recovery in a
default scenario.

"Our 'B+' rating on EagleClaw reflects the volumetric risk inherent
in the operations, lack of geographic diversity, a relatively small
scale of operations, and a highly leveraged capital structure,"
said S&P Global Ratings credit analyst Tatenda Chirusa.  The
Permian basin's favorable economics; long-term fixed-fee contracts
with a diverse group of counterparties; and the credit facilities
project finance-style structure, which accelerates the deleveraging
efforts, partially offset these credit risks.

The weak business risk assessment reflects S&P's view that
EagleClaw's cash flows are susceptible to fluctuations in the
throughput volumes flowing through its systems.  Although
approximately 80% of revenues come from long-term, fixed-fee
agreements with no direct commodity price exposure, S&P expects the
proportion to increase to 90% by 2020.  A decline in the number of
rigs drilling in EagleClaw's dedicated area could result in reduced
throughput volumes on its pipelines and processing facilities.  S&P
believes the Permian is one of the most economic basins in North
America, with very low oil-break-evens, which should sustain
volumes even at low oil prices.  The company's contracts are with a
diverse group of 19 customers and have an average remaining life of
approximately 10.6 years.  However, what S&P views as high
counterparty risk offsets this, with approximately 35% of the
customers in the speculative-grade category and another 64% not
rated.

"We assess EagleClaw's financial risk profile as highly leveraged,
mainly because of the addition of $1.35 billion of credit
facilities to fund the company's acquisition by Blackstone.  In
April 2017, Blackstone reached an agreement to acquire a majority
stake in EagleClaw for about $2 billion, and will use term loan
proceeds to fund the acquisition.  S&P expects leverage to
initially be elevated because of the additional debt, but expect
corresponding cash flows to increase as projects under construction
enter service by January 2018.  S&P expects leverage to improve
below 6x in 2018 and 4x in 2019.  S&P attributes the improving
leverage to the increase in cash flow, mainly from the
commissioning of the projects in progress.  Due to the heavy
capital spending over S&P's outlook period, S&P do not expect the
company to be free cash flow positive until 2020, so do not expect
any excess cash flow swept as per cash sweep requirements.

The stable outlook reflects S&P's view that EagleClaw will execute
on its build-out of gas gathering, compression and processing
infrastructure in the highly cost-competitive Permian basin.  S&P
expects system volume throughput to expand as the projects in
construction enter service and volumes remain supported by
long-term, fixed-fee contracts.  Under S&P's base-case scenario, it
expects debt-to-EBITDA to decline to below 6x in 2018 and 4x in
2019, mainly because of the additional cash flows from
commissioning of projects under development.

S&P could consider lowering the rating if it expects debt-to-EBITDA
were to stay above 5.5x by 2019, which would likely be due to
lower-than-expected volumes when facilities enter service, or
increased levels of debt to finance the capital spending.  In
addition, if S&P believes delays or cost overruns at the projects
under construction delay the company becoming cash flow positive,
S&P might lower the rating.

Although S&P doesn't expect it over out two-year outlook period,
S&P could raise the rating if it sees an increase in the scale and
scope of the operations, improved diversity by commodity-type and
geography, the addition of investment-grade counterparties, and
debt-to-EBITDA staying below 4.5x.


EMERALD COAST: Taps Northwest Florida Auction Group as Auctioneer
-----------------------------------------------------------------
Emerald Coast Eateries, Inc., seeks authority from the U.S.
Bankruptcy Court for the Northern District of Florida to employ
Northwest Florida Auction Group, Inc., as auctioneer to the
Debtor.

Emerald Coast requires Northwest Florida to auction, market and
sell the Debtor's properties, which include restaurant furnishing,
equipment and other personal property, currently held in storage
pods in Milton Florida.

Northwest Florida will be paid 30% of the proceeds from auction.
Northwest Florida will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Brian Sparling, president of Northwest Florida Auction Group, 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 Debtor and its estates.

Northwest Florida can be reached at:

     Brian Sparling
     NORTHWEST FLORIDA AUCTION GROUP, INC.
     1319 Lewis Turner Blvd
     Fort Walton Beach, FL 32547
     Tel: (850) 862-0914
     Fax: (850) 862-4718

                   About Emerald Coast Eateries, Inc.

Emerald Coast Eateries, Inc., filed a Chapter 11 bankruptcy
petition (Bankr. N.D. Fla. Case No. 17-30095) on Feb. 3, 2017,
disclosing under $1 million in both assets and liabilities. The
Debtor is represented by Natasha Z. Revell, Esq., at Zalkin Revell,
PLLC.


ERNEST VICKNAIR: Selling LSU Football Tickets and Parking Passes
----------------------------------------------------------------
Ernest Vicknair asks the U.S. Bankruptcy Court for the Eastern
District of Louisiana to authorize the purchase and sale of LSU
football tickets and parking passes for $13,550.

Prior to filing bankruptcy, the Debtor paid $17,785 to the Tiger
Athletic Foundation.  The Debtor now has an opportunity to purchase
LSU football tickets and parking passes.

The Description of the tickets and parking passes are:

    a. Four 2017 Stadium Club Seats (CLUB: 205C seats 24-27).  The
Debtor paid Tiger Athletic Foundation prepetition $10,680 for the
tickets which price of $1,700, due May 31, 2017.

    b. Twelve 2017 West Upper Deck (Section 614 Row 1, Seats 1-6:
Section 614, Row 2, Seats 1-6).  The Debtor paid Tiger Athletic
Foundation prepetition $5,040 for the tickets.  The price of the
tickets is $5,100, due May 31, 2017.

    c. One 2017 Reserved Parking Permit Lot 107.  The Debtor paid
Tiger Athletic Foundation prepetition $425 for the permit.  The
permit is $300, due May 31, 2017.

    d. One 2017 Reserved Parking Permit Lot 401.  The Debtor paid
Tiger Athletic Foundation prepetition $425 for the permit.  The
permit price is $300, due May 31, 2017.

    e. One 2017 Unreserved Parking Permit Lot 404.  The Debtor paid
Tiger Athletic Foundation prepetition $200.  The permit price is
$300, due May 31, 2017.

    f. One 2017 Reserved Parking Permit Lot 403.  The Debtor paid
Tiger Athletic Foundation prepetition $400 for the permit.

    g. Two 2017 South Endzone (Section 424, Row 6, Seats 7 & 8).
The Debtor paid Tiger Athletic Foundation prepetition $615 for the
tickets.  The price of the tickets is $850, due May 31, 2017.

The Debtor has received an offer from these Purchasers to purchase
these tickets and parking passes for the total purchase price of
$13,555:

                                                         Proposed
  Year  Quantity  Description          Proposed Buyer   Sale Price
  ----  --------  -----------          --------------   ----------
  2017     12   West Upper Deck        Quentin Salgoust   $10,140
                (Section 614 Row 1,
                Seats 1-6: Section 614,
                Row 2, Seats 1-6)

  2017     1    Reserved Parking       Beau Montou           $725
                Permit Lot 107

  2017     1    Reserved Parking       Brad Sonier           $725
                Permit Lot 401

  2017     1    Unreserved Parking     Bart Broussard        $500
                Permit Lot 404

  2017     2    South Endzone          Beau Montou         $1,465
                (Section 424, Row 6,
                Seats 7 & 8)

The total cash required to purchase the tickets and parking permits
is $8,550 plus a $15 processing fee.  The tickets and parking
permits must be purchased via credit card by May 31, 2017.  If the
tickets are not purchased by that date, the Debtor will lose the
right to purchase the tickets and essentially lose the amount paid
to the Tiger Athletic Foundation.

Salgoust will pay the $10,140 sales price within 15 days of the
Court approving the sale.  The remaining Purchasers will pay the
sales price in a lump sum when the tickets and permits are received
by the Debtor and delivered to the respective Purchasers.  This is
anticipated to be in mid-August 2017.

Since the Debtor does not have a credit card and the tickets have
to be purchased via credit card, the Debtor's daughter, Kristie
Currie, has agreed to purchase the tickets with her credit card
provided the Debtor pays her the full amount of $8,550 plus a $15
processing fee, charged by LSU, when the Debtor receives payment
from Salgoust.

There are no known security interests that encumber the tickets and
parking permits that the Debtor seeks to sell.

The Debtor does not seek to sell the remaining tickets, namely the
four Stadium Club Seats (CLUB: 205C seats 24-27) and one Reserved
Parking Permit Lot 403, at this time.  The Debtor anticipates these
tickets will be sold on a game by game basis.  The post-petition
cost of these seats is $1,700 per ticket.  There are seven home
games.  The Debtor asks permission to sell each game ticket for no
less than $350 each.  If Debtor can sell at least five of the 28
game tickets, the Estate would receive more than the post-petition
cost of the game tickets.  There is no post-petition cost of the
parking ticket.  The Debtor asks to sell the parking ticket for at
least $50 for each game.  Each sale would produce a postpetition
profit for the Estate.

The sale of the tickets is in the best interest of the bankruptcy
estate as the Debtor will receive a net amount of $4,990 plus any
amount received from the sale of the four remaining tickets and one
parking permit.  Accordingly, the Debtor asks the Court to enter an
Order authorizing him to sell the LSU football tickets and parking
permits as set forth, and for such other or further relief as is
just and equitable.

Counsel for the Debtor:

          Eric J. Derbes, Esq.
          Frederick L. Bunol, Esq.
          THE DERBES LAW FIRM, L.L.C.
          3027 Ridgelake Drive
          Metairie, LA 70002
          Telephone: (504) 837-1230
          Facsimile: (504) 832-0322
          E-mail: ederbes@derbeslaw.com

Ernest A. Vicknair, Jr., sought Chapter 11 protection (Bankr. E.D.
La. Case No. 17-11059) on April 27, 2017.  The Debtor tapped Eric
J. Derbes, Esq., at The Derbes Law Firm, LLC as counsel.


ESPLANADE HL: Has Access to FMB Cash Collateral Until July 2
------------------------------------------------------------
Judge Carol A. Doyle of the U.S. Bankruptcy Court for the Northern
District of Illinois authorized Esplanade HL, LLC, and its
affiliated debtors to continue using the cash collateral of First
Midwest Bank through July 2, 2017.

The approved cash collateral Budget covering the period from May
29, 2017 through July 2, 2017 reflects total expenses in the
aggregate sum of $45,424 for Belvidere; $42,072 for Esplanade HL;
$42,295 for Esplanade Drive, and $81,390 for 9501 W. 144th Place.

Big Rock Ranch, LLC, has agreed to make monthly payments of $1,828
to First Midwest Bank.

First Midwest Bank is granted valid, binding and properly perfected
postpetition security interests and replacement liens on the
prepetition collateral, in addition to all existing security
interests and liens and held by First Midwest Bank in and to the
prepetition collateral, but only to secure the amount equal to the
collateral diminution and subject to the payment of the U.S.
Trustee's fees and payment of all expenses in the Debtors' proposed
Budget.

All proceeds of the Prepetition Collateral that would be subject to
First Midwest Bank's security interests or liens will also be
subject to the Adequate Protection Liens.

First Midwest Bank's liens on and security interests in the
Collateral, will be subordinate and subject only to any unpaid fees
payable pursuant to 28 U.S.C. Section 1930 and any unpaid fees
payable to the Clerk of the Court or the U.S. Trustee.

Judge Doyle directed the tenants of each of the Debtors' respective
properties to pay rents, as follows:

     (a) Belvidere tenants will pay rents to the Belvidere;

     (b) Esplanade HL will pay rents to the Esplanade HL;      
                       
     (c) Esplanade Drive tenants will pay rents to Esplanade; and
          
     (d) 9501 W. 144th Place tenants will pay rents to 9501 W.
144th Place.

The hearing to consider entry of a ninth interim cash collateral
order is set for on June 28, 2017 at 10:30 a.m.

A full-text copy of the Eighth Interim Order, dated May 25, 2017,
is available at https://is.gd/DlsIBL

                       About Esplanade HL

Esplanade HL, LLC, 2380 Esplanade Drive, LLC, 9501 W. 144th Place,
LLC, and 171 W. Belvedere Road, and LLC, Big Rock Ranch, LLC each
filed chapter 11 petitions (Bankr. N.D. Ill. Case Nos. 16-33008,
16-33010, 16-33011, 16-33013, and 16-33015, respectively) on Oct.
17, 2016.  The petitions were signed by William Vander Velde III,
sole member and manager.

The Debtors are represented by Harold D. Israel, Esq. and Sean P.
Williams, Esq., at Goldstein & McClintock, LLLP.  Esplanade HL's
case is assigned to Judge Carol A. Doyle.  2380 Esplanade Drive's
case is assigned to Judge Donald R Cassling.  9501 W. 144th Place's
case is assigned to Judge Timothy A. Barnes.  171 W. Belvidere
Road, LLC's case is assigned to Judge Janet S. Baer.  Big Rock
Ranch's case is assigned to Judge Deborah L. Thorne.  The Debtors
have requested the joint administration of their cases.

Big Rock Ranch estimated assets at $500,000 to $1 million and
liabilities at $100,000 to $500,000.


ESTRATEGIAS EN VALORES: Chapter 15 Case Summary
-----------------------------------------------
Chapter 15 Debtor: Estrategias en Valores S.A., et al.
                   Calle 98#21-50 PH
                   Bogota, Colombia

Type of Business: Estrategias en Valores ("Estraval") was a
                  finance company engaged in the business of
                  buying and selling pagare libranzas, which are
                  consumer loans made to an indivdiual secured by
                  their paycheck.

Foreign Proceeding: Interventional Judicial Liquidation of
                    Estrategias en Valores, S.A. et al.
                    in Colombia.

Chapter 15 Petition Date: May 25, 2017

Chapter 15 Lead Case No.: 17-16559

Court: United States Bankruptcy Court
       Southern District of Florida (Miami)

Judge: Hon. Laurel M Isicoff

Foreign Representative: Luis Fernando Alvarado Ortiz, the
                        liquidator appointed in Colombia

Foreign Representative's
Counsel:                 Michael C Fasano, Esq.
                         FASANO LAW FIRM, PLLC
                         333 SE 2nd Ave
                         Miami, FL 33131
                         Tel: 786 871 3327
                         E-mail: mfasano@fasanolawfirm.com

                           - and -

                         RIVERO MESTRE LLP
                         Andres Rivero, Esq.
                         Charles Whorton, Esq.
                         Kirk Villalon, Esq.
                         2525 Ponce de Leon Boulevard
                         Suite 1000
                         Miami, FL
                         Tel: (305) 445-2505
                         E-mail: arivero@riveromestre.com
                                 cwhorton@riveromestre.com
                                 amegovern@riveromestre.com
                                 kvillalon@riveromestre.com
                     
Estimated Assets: Not Indicated

Estimated Debt: Not Indicated

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

        http://bankrupt.com/misc/flsb17-16559.pdf


ESTRATEGIAS EN VALORES: Probe Into US$220M Fraud Still Ongoing
--------------------------------------------------------------
The liquidator appointed in the liquidation proceedings of
Estrategias en Valores S.A. ("Estraval") said the investigation
into the fraud perpetrated by the company and its principals remain
ongoing.

Luis Fernando Alvarodo Ortiz, the court-appointed liquidator,
estimates that Estraval, which guaranteed returns of 14% to 21%
from the sale of securities packaged from consumer loans known as
"pagare libranzas" before its collapse in 2015, defrauded investors
for more than 600 billion Colombian pesos (approximately US $220
million).  Mr. Ortiz says he has identified at least 4,600 direct
victims of the Estraval fraud.

According to Mr. Ortiz, the Colombian government on Jan. 23, 2017,
intercepted principal Cesar Mondragon at a Bogota airport after he
returned from Miami (where he deposited US $l00,000 in cash). As
part of a sting operation with the help of the Colombian law
enforcement officials, including the DEA, the Colombian government
arrested principals Cesar Mondragon and Juan Carlos Bastidas, as
well as Rosalba FonseLa, Angela Marina Daza, Jose Ivan Castiblanco
Fuquene, Pedro Harold Carvajal, and Ferna do Joya Rodriguez, who
were all high-level managers involved in the Estraval fraud.

These individuals have been charged with committing financial and
aggravated fraud, massive collection of public money, failing to
reimburse public proceeds money laundering, conspiracy,
falsification of private documents, and illicit enrichment in
Colombia.

                         Pagare Libranzas

Pagare libranzas are consumer loans made to an individual secured
by their paycheck.  A borrower would apply for a pagare libranza
through a lender, and monthly principal and interest payments would
be deducted from the borrower's paycheck until the loan was paid.

The Colombian government permitted the issuance of pagare libranzas
as a way to offer more opportunities for the growing Colombian
lower and middle class to obtain credit.  While the market for
these loans was initially unregulated, the Colombian government
instituted a regulatory framework for pagare libranzas and their
derivative financial products in 2012.

Pagare libranzas were initially issued by "bookkeeping
cooperatives" that would make a loan directly to consumers.  The
cooperatives would then sell booklets of libranza notes to
third-party investment firms, such as Estraval.  This is where, in
the case of Estraval and several other Colombian investment firms,
including some of the Debtors, rampant fraud began to develop.

Estraval bought libranza notes in bulk and then packaged them into
securities.  Each security, which represented a group of pagare
libranzas would then be documented by a single promissory note.

Estraval then began selling these new promissory notes through
false advertising to anyone -- rich, poor, and everyone in between
-- who was willing to listen.

                           Ponzi Scheme

The company claimed that Estraval libranza notes "guaranteed"
returns of 14% to 21%, while failing to disclose that the notes
came with that the notes came with a risk of default.
Additionally, Estraval failed to warn investors that libranza
contracts contained no prepayment penalties and that many loans
would be paid off early, thus reducing interest income.

Using false and predatory solicitation methods, Estraval made
millions selling risky investments while warranting that they were
safe.

The millions earned through the scheme were not enough for Estraval
and its principals.  As the market for libranza notes became
larger, the company began opening dozens of "bookkeeping
cooperatives" to sell individual libranza loans to vulnerable
individuals looking to secure credit with their livelihoods.  This
increased the pool of loans that could be packaged by Estraval and
sold to other unsuspecting investors.

Estraval's need to continually create notes was fueled by the
fundamental problem with its scheme.  The libranza notes were not
generating the "guaranteed" returns as promised.  Estraval's
solution was to use a portion of their fees from selling the notes
to new investors to supplement older investors' returns.  By the
mid-2000s, Estraval was engaged in a full-fledged ponzi scheme.

Estraval also enlisted "sales representatives" to sell pagare
libranzas to anyone they could find.  Estraval promised these
untrained and unlicensed representatives a 3.5% commission and all
expense paid trips to Miami, Florida, for selling Estraval
financial products.  The Colombian Attorney General has deemed
Estraval's sales practices an illegal pyramid scheme.

As the Colombian credit market cooled, Estraval could not sell
enough new notes to pay off prior investors, so they simply began
copying already-sold notes and sizzling them to unsuspecting new
investors.  These notes had no economic value and produced up
legitimate return.

According to a study done by Fiduagraria, Estraval also began
asking unsuspecting investors to sign up to six notes at one time
with only one of them having any in actual economic value.
Moreover, Estraval began selling notes that were already paid,
prepaid, or expired to new investors.

In 2012, Estraval began having problems repaying investors due to a
combination of factors.  First, legitimate bookkeeping
cooperatives, the originators of the pagare libranzas, stopped
lending because of a rise in the rate of borrower defaults.
Second, as the pagare libranza market cooled, fewer investors were
willing to buy Estraval products, despite Estraval's incessant
efforts to sell falsified notes while making false representations
about their returns.

Slowly, Estraval began to collapse under the weight of its own
fraud.  It could not pay investors and it had nowhere to raise new
capital.

                       Colombian Proceedings

On March 13, 2015, the Superintendency of Companies concluded,
after an extensive investigation, that Estraval had filed multiple
false reports to the Superintendency of Companies that
misrepresented its liquidity.  The investigation revealed that
Estraval had incurred obligations that exceeded its capital by more
than fifty percent.  As a result, the Superintendency of Companies
placed Estraval and the other Debtors in receivership.

Simultaneously, the prosecutor general's office pursued a criminal
investigation against Mondragon, Bastidas, Rosalba Fonseca, Jose
Ivan Castiblanco, and others involved in the Estraval ponzi
scheme.

On Aug. 4, 2015, following the placement of Estraval into
receivership, the Superintendent started an administrative
investigation relating to Estraval's registration of various front
entities and shell companies.

On Dec. 9, 2015, after concluding the investigation, the
Superintendency imposed a fine on Mondragon and Bastidas.

On May 25, 2016, the Colombian government officially opened the
liquidation process for Estraval under Colombian Article 15.3 of
the 1116 Law of 2006.  This law gives the Superintendency of
Companies the power to convert a reorganization into an insolvency
proceeding.

On May 26, 2016, the Colombian government attempted to place
Estraval in a reorganization plan; however, this was unsuccessful,
and liquidation proceeding began under the leadership of Ortiz.

Also on May 26, the Superintendency of Companies used its power to
freeze, lien, and foreclose Estraval-related assets for the benefit
of creditors. Moreover, the Superintendency ordered an entity
called MIT, which acted as an administrator of Estraval securities,
to cease transferring, delivering, or dealing in any way with
Estraval promissory notes.

On June 15, 2016, pursuant to Colombian Article 49.3 of 1116 law of
2006, the Superintendency of Companies issued an ex officio decree
to initiate the judicial liquidation process of Estrategias en
Valores SA.. - Estraval S.A., as well as three of its related
companies: Tecnicas Financieras S.A.A, Estrategias en Liquidez and
Estradinamicas.

An investigation in the Colombian liquidation proceedings led to
the conclusion that Estraval had, in fact, defrauded investors and
creditors by using illegal methods to promote and sell pagare
libranzas.  The investigation also confirmed that many of the pange
libranza notes sold were either falsified, duplicated, or had no
real economic value at the time of sale.

The investigation found that there was no reasonable financial
justification for Estraval's activities and that because Estraval
offered a return that did not correspond to the economic reality of
its operations, it was determined that the company perpetuate a
financial fraud on the Colombian public.

The Colombian Attorney General's Office, in a parallel criminal
investigation, completely supported these factual findings.

The decree appointed Luis Fernando Alvarodo Ortiz as liquidator for
Estraval, its related entities, and its key management.

By order dated Sept. 2, 2016, the Colombian Superintendency of
Companies granted its Superintendent Delegate for inspection,
Surveillance, and Control's petition commencing the Colombian
Proceeding as an "intervention judicial liquidation" under Law 1116
of 2006, Legislative Decree 4334 of 2008 and appointing Order as
Controller, the agent responsible for the management of the assets
of tie parties under intervention.

The goal of an "intervention judicial liquidation" for the recovery
of illegally obtained proceeds in Colombia, according to the
Colombian Constitutional Court is to: (i) immediately suspend the
operations or businesses of natural or legal persons who, through
unauthorized deposits or collections, such as pyramids, prepaid
cards, sale of services and other operations and massive
negotiations, "generate abuse of law and fraud to the law" in
exercising irregular financial activity; and (ii) provide for the
organization of a procedure that allows the prompt return of
resources obtained in furtherance of such activities."

Article 1 of the Legislative Decree 4334 of 2008 requires the
intervention to apply to "business, operation and assets of
individuals and corporations involved in a financial activity
without the proper governmental authorization.  The Decree gives
the Superintendence broad powers to issue orders to obtain control
of the assets, proceeds and business.  The main goal is to
reestablish and preserve the public interest under threat."

Moreover, Colombian law and the Constitutional Court find this
decree to have the highest importance in Colombia because it helps
to maintain the public economic order of the country.  

The Constitutional Court has also concluded that the
Superintendency's formal decision to place companies into
liquidation and to recover misappropriated assets for the public
good has the same effect and may be enforced in the same manner as
a court order.

                          About Estraval

Bogota, Colombia-based Estrategias en Valores S.A. (Estraval) was a
finance company incorporated under Colombian law on August 16,
2000, by Cesar Mondragon and Juan Carlos Bastidas.  Estraval
engaged in the business of buying and selling pagare libranzas,
which are consumer loans made to an individual secured by their
paycheck.

Estraval guaranteed returns of 14% to 21% from the sale of notes
packaged from pagare libranzas but the business, which the
liquidator says was a ponzi scheme, collapsed in 2015.

The Debtors were placed into liquidation proceedings in Colombia
after a lengthy investigation May 26, 2016.  Luis Fernando Alvarodo
Ortiz was appointed by the Superintendency of Companies to
administer the liquidation.

Mr. Ortiz, as foreign representative, filed a Chapter 15 petition
for Estraval (Bankr. S.D. Fla. Case No. 17-16559) on May 25, 2017,
to seek U.S. recognition of the proceedings in Colombia.  Hon.
Laurel M Isicoff is the case judge in the U.S. case.

Michael C. Fasano, Esq., at Fasano Law Firm, PLLC, in Miami, is the
Foreign Representative's primary U.S. counsel.


ESTRATEGIAS EN VALORES: Seeks Recognition of Colombian Liquidation
------------------------------------------------------------------
The liquidator of Estrategias en Valores S.A. ("Estraval"), a
company liquidating in Colombia, filed a Chapter 15 petition in
Miami, Florida, to be able to look into "millions of dollars in
fraudulently obtained funds" transferred by its principals to the
United States before their arrest in January 2017.

Estraval, which guaranteed returns of 14% to 21% from the sale of
securities packaged from consumer loans known as "pagare libranzas"
before its collapse in 2015, defrauded investors for more than 600
billion Colombian pesos (approximately US $220 million).

"I decided to pursue this [Chapter 15] case after I discovered,
with the assistance of creditors, that a substantial portion of
Estraval's and its related persons' and entities' assets, illicitly
obtained through their fraud, were transferred to Miami-Dade
County, Florida," Luis Fernando Alvarodo Ortiz, the liquidator said
in a U.S. court filing May 24, 2017.

Mr. Ortiz believes that Estraval principals Cesar Mondragon and
Juan Carlos Bastidas appear to be operating a network of finance
companies in Coral Gables, Florida, one of which has already been
sued in Miami-Dade County Circuit Court for suspect investment
sales practices.  Additionally, Mondragon operated a money exchange
business in Miami-Dade County, Florida that Ortiz believes was used
to hide more than $10 million from Estraval to various financial
institutions in Florida.  Finally, Mondragon's ex-wife and daughter
live in Aventura, Florida in a multi-million-dollar penthouse that
as ostensibly sold to a third party in early 2017 for $6,000,000.

"Through my investigation in Colombia, I have determined that
Estraval, Mondragon, Bastidas, and the additional named Debtors
have transferred millions of dollars in fraudulently obtained funds
to the United States.  Moreover, the investigation has revealed
significant real property, personal property, business, and
financial holdings in Miami-Dade County that were removed from
Colombia during the course of Estraval scheme.  Many of these
assets were transferred after the Superintendency of Companies'
intervention, and those transfers are in direct violation of a
Colombian administrative order," Mr. Ortiz said.

Mr. Ortiz seeks U.S. recognition of the liquidation proceedings in
Colombia as a foreign main proceeding.

"I believe that the majority of the assets transferred to the
United States during this scheme either currently exist or passed
through intermediaries in this Judicial District," Mr. Ortiz said.

Moreover, according to Mr. Ortiz, the law firm of Rivero Mestre LLP
has received funds in escrow in Miami-Dade, Florida, on behalf of
Estraval and related Debtors.

"[I] anticipate that through recognition of the Colombian
Proceeding and the exercise of the discovery powers requested in
the Petition, I will be able to identify additional assets . . .
belonging to the Debtors, located in the United States," Mr. Ortiz
said.

Mr. Ortiz was appointed by the Superintendency of Companies in
Colombia to administer Estraval's liquidation.  Under Colombian
law, Mr. Ortiz is tasked to liquidate Estraval and to recover
assets on behalf of creditors and the public who were harmed by
Estraval's and the related Debtors' massive fraud.

                          About Estraval

Bogota, Colombia-based Estrategias en Valores S.A. (Estraval) was a
finance company incorporated under Colombian law on August 16,
2000, by Cesar Mondragon and Juan Carlos Bastidas.  Estraval
engaged in the business of buying and selling pagare libranzas,
which are consumer loans made to an individual secured by their
paycheck.

Estraval guaranteed returns of 14% to 21% from the sale of notes
packaged from pagare libranzas but the business, which the
liquidator says was a ponzi scheme, collapsed in 2015.

The Debtors were placed into liquidation proceedings on May 26,
2016, in Colombia after a lengthy investigation.  Luis Fernando
Alvarodo Ortiz was appointed by the Superintendency of Companies to
administer the liquidation.

Mr. Ortiz, as foreign representative, filed a Chapter 15 petition
for Estraval (Bankr. S.D. Fla. Case No. 17-16559) on May 25, 2017,
to seek U.S. recognition of the proceedings in Colombia.  The Hon.
Laurel M. Isicoff is the case judge in the U.S. case.

Michael C. Fasano, Esq., at Fasano Law Firm, PLLC, in Miami, is the
Foreign Representative's primary U.S. counsel.


FAYETTE COUNTY BANK: FDIC Appointed as Receiver
-----------------------------------------------
Fayette County Bank, Saint Elmo, Illinois, was closed May 26, 2017,
by the Illinois Department of Financial and Professional Regulation
- Division of Banking, which appointed the Federal Deposit
Insurance Corporation (FDIC) as receiver.  To protect the
depositors, the FDIC entered into a purchase and assumption
agreement with United Fidelity Bank, fsb, Evansville, Indiana, to
assume all of the deposits of Fayette County Bank.

The sole office of Fayette County Bank will reopen as a branch of
United Fidelity Bank during its normal business hours.  Depositors
of Fayette County Bank will automatically become depositors of
United Fidelity Bank.  Deposits will continue to be insured by the
FDIC, so there is no need for customers to change their banking
relationship to retain their deposit insurance coverage up to
applicable limits.  Customers of Fayette County Bank should
continue to use their existing branch until they receive notice
from United Fidelity Bank that it has completed systems changes to
allow other United Fidelity Bank branches to process their
accounts, as well.

Friday evening and over the weekend, depositors of Fayette County
Bank can access their money by writing checks or using ATM or debit
cards.  Checks drawn on the bank will continue to be processed.
Loan customers should continue to make their payments as usual.

As of March 31, 2017, Fayette County Bank had approximately $34.4
million in total assets and $34.0 million in total deposits.  In
addition to assuming all of the deposits of the failed bank, United
Fidelity Bank agreed to purchase approximately $28.9 million of the
failed bank's assets.  The FDIC will retain the remaining assets
for later disposition.

Customers with questions about the transaction should call the FDIC
toll-free at 1-800-930-5172. The phone number will be operational
this evening until 9 p.m., Central Time (CT); on Saturday from 9
a.m. to 6 p.m., CT; on Sunday from noon to 6 p.m., CT; on Monday
from 8 a.m. to 8 p.m., CT; and thereafter from 9 a.m. to 5 p.m.,
CT. Interested parties also can visit the FDIC's website at
https://www.fdic.gov/bank/individual/failed/fayettecounty.html

The FDIC estimates that the cost to the Deposit Insurance Fund
(DIF) will be $10.0 million. Compared to other alternatives, United
Fidelity Bank's acquisition was the least costly resolution for the
FDIC's DIF. Fayette County Bank is the sixth FDIC-insured
institution to fail in the nation this year, and the second in
Illinois. The last FDIC-insured institution closed in the state was
Seaway Bank and Trust Company, Chicago, on January 27, 2017.

Media contact:

LaJuan Williams-Young
Office - (202) 898-3876
lwilliams-young@fdic.gov


FIDELITY & GUARANTY: Moody's Affirms Ba2 Sr. Unsec. Debt Rating
---------------------------------------------------------------
Moody's Investors Service has affirmed the Ba2 senior unsecured
debt rating of Fidelity & Guaranty Life Holdings, Inc. (FGLH), a
wholly-owned subsidiary of Fidelity & Guaranty Life (FGL, NYSE:FGL,
unrated) and the Baa2 insurance financial strength (IFS) rating of
FGLH's primary operating company, Fidelity & Guaranty Life
Insurance Company (FGLIC). The outlook on these entities remains
stable.

RATINGS RATIONALE

The affirmation follows FGL's announcement of a definitive merger
agreement with CF Corporation (unrated) and an investor group which
will acquire FGL for $1.835 billion plus the assumption of $405
million of existing debt. The investor group, which includes the
principals of CF Corp, affiliates of Blackstone (unrated), and
Fidelity National Financial (NYSE:FNF, Baa3 sr debt, positive) will
finance the transaction with $1.2 billion from CF Corp's IPO and
forward purchase agreements, and more than $700 million in
additional new common and preferred equity. The transaction is
expected to close in Q4 2017.

Under the new investor group, Moody's expects FGL's business
strategy and risk profile will remain unchanged with the current
management team and other key employees remaining in place. Moody's
anticipates that FGL will take measured steps as it seeks to
accelerate growth and profitability via more efficient structuring
and leveraging improved investment management capabilities of its
new partners.

The rating agency expects FGL to maintain financial leverage below
25% prospectively as well as appropriate capital levels. The rating
agency stated that it will evaluate FGL's efforts to accelerate
growth to ensure that the company's actions remain in line with the
current ratings. Moody's noted that successful completion of the
transaction does remove uncertainty and potential disruption given
FGL's prolonged strategic review process.

FGLIC's credit profile reflects the company's growing market
position, especially in the fixed indexed annuity (FIA) space, as
well as its good profitability, and higher investment yield from
portfolio repositioning efforts. FGLIC has been able to balance the
healthy growth of its FIA business while expanding its footprint in
the indexed universal life (IUL) insurance market.

The rating agency noted that these strengths are offset by the
concentration of FGLIC's sales in FIAs, along with the associated
hedging and asset liability management challenges. FGLIC's sales
are likely to continue to be highly concentrated in annuity
products in the near-term. Additionally, the company's primary
distribution channel is via independent marketing organizations
(IMOs) which could be impacted by the Department of Labor's new
fiduciary rules, notwithstanding the potential for alterations or
rescission.

RATING DRIVERS

According to Moody's, the following could lead to an upgrade of
FGLH's and FGLIC's ratings: 1) sustained statutory return on
capital exceeding 6%; and 2) more balanced growth in profitably
priced new FIA business and life insurance. Conversely, the
following factors could result in a downgrade of FGLH's and FGLIC's
ratings: 1) increased investment risk from more aggressive asset
allocations; 2) adjusted financial leverage above 25%; 3) sustained
statutory return on capital less than 6%; 4) significant use of
reinsurance to finance growth; or 5) more aggressive capital
actions or the consolidated NAIC RBC ratio (company action level)
declining below 400%.

The following ratings were affirmed with stable outlooks:

Fidelity & Guaranty Life Insurance Company -- insurance financial
strength rating at Baa2;

Fidelity & Guaranty Life Holdings, Inc. -- senior unsecured debt
rating at Ba2.

FGLH is an insurance holding company headquartered in Des Moines,
Iowa. As of March 31, 2017, FGLH reported total assets of about $28
billion and shareholders' equity of approximately $1.9 billion.

The principal methodology used in these ratings was Global Life
Insurers published in April 2016.


FLOOR AND DECOR: Moody's Revises Outlook to Pos. & Affirms B2 CFR
-----------------------------------------------------------------
Moody's Investors Service affirmed the ratings of Floor and Decor
Outlets of America, Inc. ("Floor & Decor") including its B2
Corporate Family Rating (CFR), B2-PD Probability of Default Rating
(PDR) and its senior secured term loan B rated B2. In addition,
Moody's changed the ratings outlook to positive from stable.

"The change in outlook to positive reflects Floor & Decor's
material debt reduction that has led to a significant improvement
in credit metrics" stated Bill Fahy, Moody's Senior Credit Officer.
As a result, pro forma leverage improved to about 4.6 times from
around 5.7 times for the LTM period ending December 2016. "The
affirmation of the B2 CFR reflects the company's competitive
position in hard surface flooring and positive operating trends as
well as its modest scale, aggressive growth strategy versus
historic levels and limited geographic diversity.", stated Fahy.

Ratings affirmed are:

Issuer: Floor & Decor Outlets of America, Inc.

-- Probability of Default Rating, Affirmed B2-PD

-- Corporate Family Rating, Affirmed B2

-- Senior Secured Bank Credit Facility, Affirmed B2(LGD4)

Outlook Actions:

Issuer: Floor & Decor Outlets of America, Inc.

-- Outlook, Changed To Positive From Stable

RATINGS RATIONALE

Floor & Decor's B2 Corporate Family Rating reflects the company's
modest scale, aggressive growth strategy versus historic levels,
limited geographic diversity and cyclical nature of its core target
market -- home remodeling. The ratings are supported by Floor &
Decor's positive operating trends, competitive position within the
hard surface flooring sector, management experience, direct
sourcing model and adequate liquidity. The ratings recognize the
breadth and depth of the company's product offerings and value
focused offerings with everyday low pricing that should position it
well in the current economic environment.

The positive outlook reflects Floor & Decor improved credit metrics
and Moody's expectation that the company successfully executes its
new store growth strategy while maintaining positive operating
trends that results in a steady improvement in earnings and credit
metrics.

Factors that could result in an upgrade would require the
successful execution of its store growth strategy while maintaining
positive same store sales trends throughout its store base that
results in sustained earnings growth. An upgrade would require debt
to EBITDA of under 4.5 times and EBIT to interest coverage
exceeding 2.25 times on a sustained basis.

Ratings could be downgraded in the event operating performance fell
short of expectations resulting in a sustained deterioration credit
metrics. Specifically, ratings could be downgraded if debt to
EBITDA increased above 5.5 times or EBIT to interest fell below 1.5
times on a sustained basis. Ratings could also be downgraded if
liquidity were to deteriorate.

Floor & Decor is a leading retailer of hard surface flooring in the
United States with 72 stores. The company is a wholly owned in
direct subsidiary of Floor & Decor Holdings, Inc. which in turn is
majority owned by private equity firms Ares Management, L.P. and
Freeman Spogli & Co. Annual revenues were about $1.1 billion for
fiscal year 2016.

The principal methodology used in these ratings was Retail Industry
published in October 2015.


FLOUR MOUNTAIN: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Flour Mountain, LLC
           dba Mellow Mushroom
        2450 Cross Timbers Road, Suite 100
        Flower Mound, TX 75028

Case No.: 17-32052

About the Debtor: Mellow Mushroom is a pizzeria chain featuring
                  craft beer, calzones & creative stone-baked
                  pizzas.  It is an affiliate of Greenville Dough,
                  LLC and Melkinney, LLC, both of which sought
                  bankruptcy protection on May 5, 2017 (Bank. N.D.
                  Tex. Case Nos. 17-31858 and 17-31859,
                  respectively).

Chapter 11 Petition Date: May 25, 2017

Case No.: 17-32052

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

Judge: Hon. Barbara J. Houser

Debtor's Counsel: Robert Thomas DeMarco, Esq.
                  DEMARCO-MITCHELL, PLLC
                  1255 W. 15th St., Ste 805
                  Plano, TX 75075
                  Tel: (972) 578-1400
                  Fax: (972) 346-6791
                  E-mail: robert@demarcomitchell.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Luis Gonzalez, managing member.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/txnb17-32052.pdf


FREEDOM COMMUNICATIONS: Intends to File Ch. 11 Plan by Aug. 28
--------------------------------------------------------------
Freedom Communications, Inc. and its affiliated Debtors, together
with the Official Committee of Unsecured Creditors, request the
U.S. Bankruptcy Court for the Central District of California to
extend further the exclusivity period by which the Debtors and the
Committee have to file a joint chapter 11 plan and solicit
acceptances to their joint plan, to and including August 26, 2017
and October 25, 2017, respectively.

The Debtors and the Committee are working together in good faith to
develop a chapter 11 plan of liquidation.

This is the Debtors' seventh request for extension of the
exclusivity periods and it comes over a year and a half after the
commencement of the bankruptcy cases.  The Debtors state that they
have undertaken a substantial number of major matters, one of
significant importance being the marketing and sale of their
assets, enabling the Debtors and the Committee to now focus their
attention on the preparation of a liquidating chapter 11 plan.

The Debtors and the Committee are seeking for an extension of the
exclusivity periods in order to: (a) procure the time they need to
attempt to resolve the remaining outstanding issues, including the
LMG Adversary Proceeding, (b) seek to recover other assets for the
benefit of creditors, and (c) continue with their claim review so
that they can prepare a plan that will ensure the fair and
efficient treatment of all valid creditors' claims in these Cases.


LMG National Publishing, Inc. has initiated an adversary proceeding
against debtors Victor Valley Publishing Company, Victorville
Publishing Company, Daily Press LLC, Freedom Communications, Inc.,
Freedom SPV I, LLC and Freedom SPV V, LLC for declaratory judgment.
The case was assigned adversary number 8:17-ap-01016 MW.  The
Freedom Debtors filed on April 13, 2017, a motion for summary
judgment, and the hearing on the motion for summary judgment is
scheduled for June 21, 2017.  The Court has also scheduled a
pretrial conference for December 6, 2017.

The Debtors relate that approximately 650 claims have been filed as
of May 24, 2017, and the Debtors have been diligently working to
review, analyze and object to certain claims. In that regard, the
Debtors have continued to file claim objections, most recently, on
February 2, 2017.  The Claim Objections were heard on March 6 and
8, and orders were entered resolving the Claim Objections. However,
the Debtors continue to review other claims filed against the
Debtors' estates for other potential objections.

In addition, the Debtors state they are actively pursuing the
recovery of substantial tax refunds from the State Board of
Equalization.  This process may include Bankruptcy Court
intervention.

                  About Freedom Communications

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

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

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

The Debtors are represented by William N. Lobel, Esq., Alan J.
Friedman, Esq., Beth E. Gaschen, Esq., and Christopher J. Green,
Esq., at Lobel Weiland Golden Friedman LLP.  The Debtors employed
GlassRatner Advisory & Capital Group LLC as financial advisor and
consultant; and Donlin, Recano & Company, Inc., as the noticing,
claims and balloting/solicitation agent.  FTI Consulting, Inc. was
tapped to review Pension Benefit Guaranty Corporation (PBGC)
Claims.

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


FULLCIRCLE REGISTRY: Reports $170K Net Loss for First Quarter
-------------------------------------------------------------
FullCircle Registry, Inc., filed with the Securities and Exchange
Commission its quarterly report disclosing a net loss of $169,552
on $319,303 of revenues for the three months ended March 31, 2017,
compared to a net loss of $159,799 on $248,584 of revenues for the
same period during the prior year.

As of March 31, 2017, FullCircle had $4.51 million in total assets,
$6.80 million in total liabilities and a total stockholders'
deficit of $2.28 million.
Net cash used by operating activities ending March 31, 2017, was
$86,013 compared to net cash used by operating activities for the
three months ended March 31, 2016 of $29,825.  During the three
months ended March 31, 2017, $26,994 was used on investing
activities, and $98,772 was provided by financing activities. For
the same period in 2016, $0 was used in investing activities and
$19,978 was provided by financing activities.

"We are currently focused on increasing revenues from our
operations and reducing debt through converting notes payable to
common stock," the Company stated in the report.  "We may also seek
funding from securities purchases or from lenders offering
favorable terms.  No assurance can be given that we will be able to
obtain the total capital necessary to fund our new business plans.
In such an event, this may have a materially adverse effect on our
business, operating results and financial condition."

The Company has experienced losses from operations and negative
cash flows from operations since inception.  The Company has
negative working capital and a capital deficiency at March 31,
2017.  As of March 31, the stockholder's deficit is $2,287,767
compared to a deficit of $2,116,715 on Dec. 31, 2016.  These
conditions raise substantial doubt about the Compaby's ability to
continue as a going concern.

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

                      https://is.gd/mJIFA6

                   About FullCircle Registry

Shelbyville, Kentucky-based FullCircle Registry, Inc., targets the
acquisition of small profitable businesses.  FullCircle Registry is
a holding company with three subsidiaries: FullCircle
Entertainment, Inc., FullCircle Insurance Agency, Inc. and
FullCircle Prescription Services, Inc.  Target companies for future
acquisition are those in search of exit plans for the owners and
are intended to continue autonomous operations as current ownership
is phased out over a period of 3-5 years.

FullCircle Registry reported a net loss of $1.073 million on $1.087
million of revenue for the year ended Dec. 31, 2016, compared with
a net loss of $695,700 on $1.142 million of revenue for the year
ended Dec. 31, 2015.

Somerset CPAs, P.C., issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2016.
The Company has suffered recurring losses from operations and has
a net capital deficiency that raises substantial doubt about its
ability to continue as a going concern, the auditors noted.


GARDNER DENVER: S&P Raises CCR to 'B+', Off CreditWatch Positive
----------------------------------------------------------------
S&P Global Ratings raised its corporate credit rating on Gardner
Denver Inc. to 'B+' from 'B' and removed all of its ratings on the
company from CreditWatch, where S&P placed them with positive
implications on May 5, 2017.  The outlook is stable.

At the same time, S&P raised its issue-level rating on the
company's senior secured debt to 'B+' from 'B'.  The '3' recovery
rating remains unchanged, indicating S&P's expectation for moderate
(50%-70%; rounded estimate: 50%) recovery in the event of a payment
default.

Additionally, S&P withdrew its 'B-' issue-level rating and '5'
recovery rating on the company's $575.0 million 6.875% senior
unsecured notes due 2021 because they were repaid on May 19, 2017.

"The upgrade reflects that Gardner Denver's parent, Gardner Denver
Holdings Inc., completed its IPO and used the majority of the net
proceeds from the offering to reduce its debt, including fully
repaying its $575.0 million 6.875% senior unsecured notes due 2021
and partially repaying about $277 million of borrowings under its
term loan facility due 2020," said S&P Global Ratings credit
analyst Steven D McDonald.

The stable outlook on Gardner Denver reflects S&P's expectation
that improving industry trends in the company's energy business, a
leaner cost structure, and lower overall interest expense should
help the company to modestly improve its credit metrics, including
decreasing its debt-to-EBITDA to the mid-5x area in fiscal-year
2017.

S&P could raise its ratings on Gardner Denver if the company
continues to increase its EBITDA and free cash flow and S&P expects
that it will sustain a S&P adjusted debt-to-EBITDA metric of about
4.5x or less.  S&P would also look for further indications that its
majority owner (private-equity firm KKR and its affiliates) will
substantially reduce its investment and influence on Gardner
Denver.  S&P believes that the company's continued ownership by a
financial sponsor could potentially lead to more aggressive
financial policies that may not be consistent with a higher
rating.

S&P could lower its ratings on Gardner Denver if the company is
unable to sustain the recent improvements in its operating
performance or if sizable debt-financed acquisitions cause its
credit measures to deteriorate such that its debt leverage
increases to the 7x area and S&P do not expect it to recover in the
next 12 months.


GENON ENERGY: S&P Lowers ICR to 'CC' Amid Planned Debt Exchange
---------------------------------------------------------------
S&P Global Ratings said it lowered its issuer credit rating on
GenOn Energy Inc. to 'CC' from 'CCC-'.  The outlook is negative.
S&P also lowered its ratings on the company's secured and unsecured
debt to 'CCC' and 'CCC-', respectively, from 'CCC+' and 'CCC'.  The
recovery ratings of '1' and '2', respectively, are unchanged.  The
'1' recovery rating reflects S&P's expectation of very high
(90%-100%; rounded estimate: 95%) in the event of default.  S&P's
'2' recovery rating reflects its expectation of substantial
(70%-90%; rounded estimate: 75%) in the event of default.

The downgrade stems from a recent filing made by the issuer that
indicated that GenOn was pursuing an exchange with existing
debtholders.

"The negative outlook reflects our expectation of a near-term event
of default, either via a distressed exchange or through a voluntary
bankruptcy filing," said S&P Global Ratings credit analyst Michael
Ferguson.  "We expect that either outcome would materialize during
the next month."

Upon announcement of the aforementioned events, S&P would likely
downgrade the company to 'D'.

While very unlikely at this point, S&P could revise the outlook to
stable or raise the rating in the event of unexpected parent
company support.


GENTLEPRO HOME: Can Continue Using IRS Cash Collateral Thru Aug. 24
-------------------------------------------------------------------
Judge Janet S. Baer of the U.S. Bankruptcy Court for the Northern
District of Illinois authorized Gentlepro Home Health Care, Inc.,
to continue using cash collateral until August 24, 2017 on an
interim basis.

The Debtor has acknowledged that there exists a valid lien upon its
assets, and the cash proceeds thereof by the Internal Revenue
Service who holds a security interest in substantially all the
assets of the Debtor by way of a federal tax lien duly filed of
which the amount of $86,352 is still due and owing, as of the
Petition Date.

Judge Baer acknowledged that an immediate need exists for the
Debtor to use the prepetition collateral, including the cash
collateral since the Debtor is unable to obtain, on an immediate
basis, credit allowable under the Code.

The IRS is unwilling to permit the use of any of its collateral
without the protection afforded by the Code.  Accordingly, the IRS
is granted these forms of adequate protection:

   (a) the IRS will receive a security interest in and replacement
lien upon all of the Debtor's now or hereafter acquired property,
real or personal, whether in existence before or after the Petition
Date including, without limitation, accounts receivable, inventory,
machinery and equipment, and the proceeds and products thereof, to
the extent actually used and for the diminution in value of the
IRS' collateral. Such replacement lien will be the same lien as
existed as the prepetition valid liens of record.

   (b) The Debtor will make interim monthly adequate protection
payments to the IRS in the amount of  $1,500.  

   (c) The Debtor will maintain a separate operating account, where
the Debtor will deposit and maintain all cash and all proceeds of
accounts receivable, inventory, contract rights, and general
intangibles.

   (d) In addition to and as a supplement to the foregoing
protections, the Debtor will maintain insurance covering the full
value of all collateral, and will permit on site inspection of such
collateral, policies of insurance, and financial statements,
including monthly operating reports.

The final hearing on the use of cash collateral is scheduled to
take place on August 24, 2017 at 10:00 a.m.

A full-text copy of the Order, dated May 25, 2017, is available at
https://is.gd/ezLaNK

               About Gentlepro Home Health Care

Gentlepro Home Health Care, Inc., filed a Chapter 11 petition
(Bankr. N.D. Ill. Case No. 17-11377) on April 11, 2017.  The
petition was signed by Edith Querubin, president.  At the time of
filing, the Debtor estimated $50,000 to $100,000 in assets and
$100,000 to $500,000 in liabilities.  The case is assigned to Judge
Janet S. Baer.  The Debtor is represented by Joshua D. Greene at
the firm of Springer Brown, LLC.


GO DADDY: S&P Affirms 'BB-' CCR; Outlook Negative
-------------------------------------------------
S&P Global Ratings said it affirmed its 'BB-' corporate credit
rating on Scottsdale, Ariz.-based Go Daddy Operating Co. LLC.  The
outlook remains negative.

At the same time, S&P affirmed its 'BB-' issue-level rating, with a
recovery rating of '3', on the company's senior secured debt. The
'3' recovery rating indicates S&P's expectation of meaningful (50%
to 70%; rounded estimate: 55%) recovery in the event of default.

"We revised our assessment of Go Daddy's financial risk profile to
reflect our view that despite recent debt incurrence to fund the
$1.8 billion acquisition of Host Europe Group Ltd. (HEG), the
company's adjusted leverage will likely improve because of its
growing cash balance." said S&P Global Ratings credit analyst Dee
Banson.  S&P applies a 25% haircut to cash and net it against
debt.

On May 3, 2017, the company used cash on its balance sheet to
purchase $275 million worth of privately held shares from the
financial sponsors and cofounder of Go Daddy.  The timing of any
further such actions is unpredictable, in S&P's view.  S&P do not
know how and when the company will use its increasing cash balance,
leading to a lower degree of predictability in Go Daddy's credit
measures.

S&P believes the company's financial policy decisions could weaken
credit measures beyond what S&P has incorporated into its base-case
forecast.  The company has indicated target leverage of about
2x-4x, which S&P estimates corresponds to leverage of about 4x-5x
after its adjustments.  As a result, S&P revised its assessment of
Go Daddy's financial policy modifier to negative from neutral, and
S&P revised the financial risk profile score to significant from
aggressive.  The revised assessments have no effect on the
ratings.

The 'BB-' corporate rating reflects Go Daddy's leading position in
the highly competitive Internet services industry, consistent track
record of mid-teen percent annual revenue growth, low customer
concentration, and high recurring revenue base.  However, the
company's narrow end-market focus, increasingly competitive Web
hosting conditions, and below-average EBITDA margins for enterprise
and consumer software and Internet service providers attenuate
these strengths.  Moreover, Go Daddy's leverage has ncreased to
above 5x following its acquisition of HEG, a Europe-based domain
and Web-hosting services provider, for $1.8 billion on April 3,
2017.


GOLDEN TOUCH COMMERCIAL: Hires Galloway Wettermark as Counsel
-------------------------------------------------------------
Golden Touch Commercial Cleaning, LLC, seeks authority from the
U.S. Bankruptcy Court for the Southern District of Alabama to
employ Galloway Wettermark Everest & Rutens, LLP, as attorney to
the Debtor.

Golden Touch requires Galloway Wettermark to:

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

   b. protect the interest of the Debtor and debtor-in-possession
      in connection with lawsuits filed by the Debtor;

   c. prepare for the Debtor as debtor-in-possession such
      applications, answers, orders, reports and other legal
      papers;

   d. perform all other legal services for debtor-in-possession
      which may be necessary.

Galloway Wettermark will be paid based upon its normal and usual
hourly billing rates. The firm will also be reimbursed for
reasonable out-of-pocket expenses incurred.  Galloway Wettermark
will also be reimbursed for reasonable out-of-pocket expenses
incurred.

Robert M. Galloway at Galloway Wettermark Everest & Rutens, LLP,
assured 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.

Galloway Wettermark can be reached at:

     Robert M. Galloway, Esq.
     GALLOWAY WETTERMARK EVEREST & RUTENS, LLP
     3263 Cottage Hill Rd
     Mobile, AL 36606
     Tel: (251) 476-4493

           About Golden Touch Commercial Cleaning, LLC

Golden Touch Commercial Cleaning, LLC, filed a Chapter 11 petition
(Bankr. S.D. Ala. Case No. 17-01835) on May 17, 2017.  Robert M.
Galloway, Esq., at Galloway Wettermark Everest & Rutens, LLP,
serves as bankruptcy counsel.


GRACIOUS HOME: Proposes Auction to Beat June 30 Plan Deadline
-------------------------------------------------------------
Gracious Home, LLC, and affiliates ask the U.S. Bankruptcy Court
for the Southern District Court of New York to authorize bidding
procedures in connection with the sale of substantially all assets
by auction.

The Debtors have used the breathing spell afforded them by Section
362 of title 11 of the Bankruptcy Code to re-start their business
and prepare for emergence from bankruptcy protection through a sale
of their business under an asset purchase agreement.  In this
regard, beginning in December 2016, the Debtors engaged B. Riley &
Co. to provide investment banking services, including exploring
restructuring, financing and sale options for the Debtors.

As part of these efforts, B. Riley and the Debtors have solicited
interest in a potential acquisition of the Debtors' business.
Certain potential buyers/investors, including the DIP Lender under
their DIP Facility, who have expressed an interest in purchasing
substantially all the Debtors' Assets, have already signed
non-disclosure agreements and begun due diligence in consideration
of a potential acquisition of the Debtors' business operations.
Despite strong interest, no party has yet submitted a final
proposal for purchasing the Assets.

Negotiations remain ongoing but the Debtors do not have a
definitive agreement at this time.  While the Debtors would prefer
having a signed agreement in hand when making the Motion, they
cannot afford to delay the process, even while their operations are
improving steadily, because the DIP Facility requires the Debtors
to file a plan of reorganization and disclosure statement by June
30, 2017.

The Debtors and their advisors continue to market the Debtors'
business and will do so until the Bid Deadline.  If the Debtors
receive a competitive offer, the Debtors intend to conduct an
auction to determine the highest or best offer for their business
under an asset purchase agreement ("APA").  The Debtors believe
that conducting an auction for the right to acquire their business
pursuant to a Sale will maximize the value of their estate for the
benefit of all their creditors, stakeholders and other parties in
interest.

The Debtors ask approval of a two-step process.  First, the Debtors
ask entry of the Bidding Procedures Order (i) authorizing and
approving the proposed the Bidding Procedures for soliciting bids
for the Sale of the Assets; (ii) establishing notice procedures and
approving the form of notice and manner of all procedures,
protections, schedules, and agreements in connection with the Sale;
(iii) scheduling a Sale Hearing to approve the Sale; (iv) approving
the assumption and assignment of certain executory contracts and
leases related to the Sale; and (v) granting related relief.
Second, depending upon the results of their marketing process and
any subsequent auction, the Debtors will ask entry of the Sale
Order authorizing and approving, but not directing, the sale of the
Assets and granting related relief.

The proposed Bidding Procedures Order, the proposed Sale Order, and
the Stalking Horse Agreement contain these items that may be
considered Extraordinary Provisions under the Sale Guidelines:

   a. Good Faith Deposit: All Qualified Bidders are required to
submit a good faith deposit in the amount of 10% of the Purchase
Price.

   b. Bid Protections: The Debtors seek approval of the right to
offer bid protections to a Stalking Horse Bidder, to be agreed
upon, including a breakup fee not to exceed 3% of the total
consideration of the Stalking Horse Bid plus reimbursement of the
Stalking Horse Bidder's reasonable out-of-pocket expenses not to
exceed $75,000.

   c. Sale Free and Clear: The Assets will be transferred free and
clear of all Encumbrances.

   d. Relief from Bankruptcy Rule 6004(h): The Debtors ask relief
from the 14-day stay imposed by Bankruptcy Rule 6004(h).

The Debtors believe the Bidding Procedures are fair and reasonable
and will ensure that the bidding process and any Auction will yield
the maximum value for their estates and creditors.  The Bidding
Procedures also provide an appropriate framework for them to
review, analyze and compare all bids received to determine which
bid(s) are in the best interests of the Debtors and their economic
stakeholders.  

The salient terms of the Bidding Procedures are:

   a. Stalking Horse Bids and Bid Protections: The Debtors will
continue to solicit the "Stalking Horse Bid," and the Stalking
Horse Agreement governing the Stalking Horse Bid that memorializes
the proposed Sale by and between the Stalking Horse Bidder and the
Debtors for the Assets will be binding on the Stalking Horse Bidder
and will set the floor for all Qualified Bids at the auction.

   b. Break-up Fee: 3% of the total consideration of the Stalking
Horse Bid

   c. Bid Protections: A Break-up Fee not to exceed 3% of the total
consideration of the Stalking Horse Bid, plus an Expense
Reimbursement not to exceed $75,000

   d. Stalking Horse Overbid: $150,000

   e. Bid Deadlines: June 15, 2017 at 4:00 p.m. (EST)

   f. Auction: The Auction will take place on June 19, 2017 at
10:00 a.m. (PET) at 45 Rockefeller Plaza, Suite 2000, New York, New
York.

   g. Bid Increments: $150,000

   h. Sale Hearing: The Successful Bid will be subject to approval
of the Court.

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

     http://bankrupt.com/misc/Gracious_Home_295_Sales.pdf

The Debtors need as much time as possible between the entry of the
Bidding Procedures and the ultimate Sale Hearing to ensure that the
marketing of the Assets is as robust as possible.  The Sale Hearing
must be heard before the end of June 2017 because the DIP Facility
requires the Debtors to file a plan of reorganization and
disclosure statement by June 30, 2017.

In addition, the sale process must be commenced as soon as possible
to ensure the Debtors have sufficient liquidity to continue
marketing the assets and ultimately close a transaction.
Accordingly, the motion with respect to the Bidding Procedures must
be heard as soon as possible.

In connection with the Sale, the Debtors may be required to assume
and assign certain executory contracts and unexpired leases to the
purchaser of the Assets.  The Assumed Contracts are valuable assets
of the Debtors' estates and the inclusion of such Assumed Contracts
will serve to increase the purchase price for the Acquired Assets.
Accordingly, the Debtors ask the Court to approve the assumption
and assignment of the Assumed Contracts.

                       About Gracious Home

Founded in 1963, Gracious Home LLC began as a small neighborhood
hardware store on Manhattan's Upper East Side.  Today, it Gracious
Home operates a housewares and home furnishings business at various
leased retail store and warehouse locations and an internet-based
business, all under the name "Gracious Home."  Its retail locations
are located at:

  (a) 1992 Broadway, New York, NY 10023;
  (b) 1210-1220 Third Avenue, New York, NY;
  (c) 1201 Third Avenue, New York, NY 10021; and
  (d) 45 West 25th Street, New York, NY 10010.

Gracious Home LLC and its affiliates filed for bankruptcy
protection (Bankr. S.D.N.Y. Case No. 16-13500) on Dec. 14, 2016.
The Debtors estimated $10 million to $50 million in assets and
liabilities as of the bankruptcy filing.

The Debtors tapped Joseph J. DiPasquale, Esq., at Trenk,
Dipasquale, Della Ferra & Sodono, P.C., as counsel; Saul Ewing LLP
as special employment counsel; and K&L Gates LLP as special
intellectual property counsel.  The Debtors also tapped B. Riley &
Co. as restructuring advisor; A&G Realty Partners, LLC, as real
estate advisor; and Prime Clerk LLC as claims and noticing agent.

The Office of the U.S. Trustee on Jan. 6, 2017, appointed five
creditors to serve on an official committee of unsecured creditors.
The Committee retained Seward & Kissel LLP as counsel, and Wyse
Advisors, LLC, as financial advisor.


GRIER BROS: Hires Henry F. Sell, Jr. as Co-counsel
--------------------------------------------------
Grier Bros. Enterprises, Inc., seeks authority from the U.S.
Bankruptcy Court for the Northern District of Georgia to employ the
Law Offices of Henry F. Sell, Jr., LLC, as co-counsel to the
Debtor.

The Debtor has separately filed an Application to retain Herbert C.
Broadfoot II, PC, as counsel in the bankruptcy case.  Henry F.
Sell, Jr and Herbert C. Broadfoot II will act as co-counsel in the
bankruptcy case and will work with the Debtor to ensure that there
is no duplication of legal services by them in the bankruptcy
case.

Grier Bros. requires Henry F. Sell, Jr. to:

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

   b. attend meetings and negotiate with representatives of
      creditors and other parties in interest and advise and
      consult on the conduct of the Chapter 11 Case, including
      all of the legal and administrative requirements of
      operating in Chapter 11;

   c. take necessary action to protect and preserve the Debtor's
      estate, including the prosecution of actions on their
      behalf, the defense of any actions commenced against the
      estates, negotiations concerning all litigation in which
      the Debtor may be involved and objections to claims filed
      against the estate;

   d. review and prepare on behalf of the Debtor all documents
      and agreements as they become necessary and desirable;

   e. review and prepare on behalf of the Debtor all motions,
      administrative and procedural applications, answers,
      orders, reports and papers necessary to the administration
      of the estate;

   f. negotiate and prepare on the Debtor's behalf a plan of
      reorganization, disclosure statement and all related
      agreements and documents and take any necessary action on
      behalf of the Debtor to obtain confirmation of such plan;

   g. review and object to claims; analyze, recommend, prepare,
      and bring any causes of action created under the Bankruptcy
      Code;

   h. advise the Debtor in connection with any sale of assets;

   i. appear before the bankruptcy Court, any appellate courts,
      and the U.S. Trustee, and protect the interests of the
      Debtor's estate before such courts and the U.S. Trustee;
      and

   j. perform all other necessary legal services and give all
      other necessary legal advice to the Debtor in connection
      with the Chapter 11 Case.

Henry F. Sell, Jr.will be paid at these hourly rates:

     Attorney                   $350
     Associate                  $250

A retainer in the amount of $20,000 was paid to Herbert C.
Broadfoot II and is currently being held by Herbert C. Broadfoot II
to pay for legal services and expenses incurred by both Henry F.
Sell, Jr and Herbert C. Broadfoot II.

Henry F. Sell, Jr. will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Henry F. Sewell, Jr., member of the Law Offices of Henry F. Sewell,
Jr., LLC, 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.

Henry F. Sell, Jr. can be reached at:

     Henry F. Sewell, Jr., Esq.
     LAW OFFICES OF HENRY F. SEWELL, JR., LLC
     Suite 200, 3343 Peachtree Road NE
     Atlanta, GA 30326
     Tel: (404) 926-0053
     E-mail: hsewell@sewellfirm.com

                 About Grier Bros. Enterprises, Inc.

Based in Atlanta, Georgia, Grier Bros. Enterprises, Inc. provides
trucking or transfer services.  The Debtor sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ga. Case No.
17-56817) on April 13, 2017. The petition was signed by Wayne
Grier, president.  At the time of the filing, the Debtor estimated
its assets and debts at $1 million to $10 million.


GTT COMMUNICATIONS: New Notes Offer No Impact on Moody's B2 CFR
---------------------------------------------------------------
Moody's Investors Service said GTT Communications, Inc.'s B2
corporate family rating ("CFR") is unchanged following its
anticipated $150 million add-on to its 7.875% unsecured notes due
2024. Proceeds from the debt issuance will be used for general
corporate purposes, including the potential acquisitions of
connectivity providers. Moody's believes any likely transactions
will be leverage neutral in the intermediate term after cost
synergies based on the company's historical acquisition track
record. Moody's would not expects a materially negative impact to
GTT's credit profile from any acquisitions in the near term. All
other ratings including the company's stable outlook are also
unchanged.

Expanding its customer base through acquisitions is a key element
of GTT's growth strategy. While GTT's leverage would be expected to
increase initially with any fully or partially debt-funded
acquisition activity, Moody's believes the company's debt leverage
(Moody's adjusted) will continue to trend lower to at or below 5x
by FYE2018.

GTT's B2 CFR reflects its modest prospective leverage, solid free
cash flow, and revenue growth potential. GTT's service
differentiation and competitive offerings support continued growth
within its target market of international network services,
especially given the company's relatively low market share
currently. The company's low capital spending requirements at
approximately 6-7% of revenues and steadily improving margin
profile drive meaningful excess cash flows.

GTT's acquisitive strategy, small scale and low (although
improving) asset coverage relative to its debt load constrain the
rating. The January 2017 acquisition of Hibernia has already
improved the company's asset coverage and helped lower its overall
cost structure. While GTT's strategy employs a network architecture
with mostly leased infrastructure that underpins this low capital
intensity, it potentially exposes the company to margin pressure if
end-user pricing and network leasing cost trends were to diverge
quickly. Fairly evenly matched customer and supplier contracts
negate this risk under normal market conditions. Because of the
company's capex-light strategy Moody's believes that it has lower
leverage tolerance than a traditional, facilities-based carrier.

Based in McLean, VA., GTT is a multinational Tier 1 internet
service provider which also offers global enterprise network
services. The company operates a global IP backbone and offers
networking and cloud based solutions to its enterprise and carrier
clients. During the last twelve months ending March 31, 2017, the
company generated $575 million in revenue.


GTT COMMUNICATIONS: S&P Puts Debt's 'B+' Rating on Watch Pos.
-------------------------------------------------------------
S&P Global Ratings placed its 'B+' issue-level rating on McLean,
Va.-based internet protocol (IP) network operator GTT
Communications Inc.'s (GTT) (B+/Negative/--) senior secured debt on
CreditWatch with positive implications.  The recovery rating
remains '3', indicating S&P's expectation for meaningful (50%-70%;
rounded estimate: 65%) recovery of principal in the event of a
payment default.

The CreditWatch placement is based on S&P's assessment that
increased value stemming from proposed acquisitions (not currently
incorporated in S&P's recovery analysis) could result in a more
favorable recovery rating.  Moreover, the CreditWatch placement
reflects S&P's expectation that in the event that acquisitions do
not materialize in the near term, GTT would likely use net proceeds
from the $150 million add-on to its unsecured notes to repay a
portion of the company's senior secured debt.  Overall, S&P
believes that the use of proceeds from the add-on, whether applied
to fund acquisitions or to pay down senior secured debt, would
improve recovery prospects for the senior secured debt.

The 'B-' issue-level rating on the company's senior unsecured debt
is unaffected following the company's proposed $150 million add-on
to its $300 million of 7.875% senior unsecured notes due 2024.  The
recovery rating remains '6', indicating S&P's expectation for
negligible (0%-10%; rounded estimate: 5%) recovery of principal in
the event of a payment default.  S&P's corporate credit rating and
outlook on GTT are also unaffected.

S&P expects GTT to use net proceeds from the proposed add-on to
fund the cash consideration amount for two potential tuck-in
acquisitions.  While key credit metrics, including adjusted
leverage, remain weak for the current rating, S&P continues to
expect that pro forma for the acquisitions, GTT will be able to
decrease adjusted leverage to the high-4x area by the end of 2017,
assuming these transactions are consummated, which is below S&P's
downgrade threshold of 5x.  S&P expects the improvement to be
driven by the realization of near-term cost synergies
(approximately half of which are related to the Hibernia Networks
acquisition), which S&P believes is achievable.  However, S&P's
negative outlook reflects the possibility that additional
debt-financed acquisitions could result in a lower rating if S&P
expected adjusted leverage to remain above 5x beyond the end of
2017.

S&P currently do not factor in any increased value into its
recovery analysis as a result of the potential acquisitions since
GTT has yet to sign a definitive acquisition agreement.  S&P
expects to resolve the CreditWatch placement in the coming months
once S&P has more certainty on the proposed acquisitions and use of
the unsecured debt proceeds.

RATINGS LIST

GTT Communications Inc.
Corporate Credit Rating             B+/Negative/--
  Senior Unsecured                   B-
   Recovery Rating                   6 (5%)

Rating Placed On CreditWatch; Recovery Rating Unchanged
                                     To              From
GTT Communications Inc.
Senior Secured                      B+/Watch Pos    B+
  Recovery Rating                    3 (65%)         3 (65%)


HAIMIL REALTY: Sale of New York Condo Unit for $2.7M Approved
-------------------------------------------------------------
Judge Michael E. Wiles of the U.S. Bankruptcy Court for the
Southern District of New York authorized Haimil Realty Corp.'s
private sale of its commercial condominium unit within the building
located at 209 East 2nd Street, Unit 1, New York, New York (Block
384, Lot 1301), to Premier East 2nd, LLC, for $2,700,000.

The Court entered an order to Show Cause on May 19, 2017 in
connection with the Motion.  A hearing on the Motion was held on
May 23, 2017.

The sale is free and clear of any and all encumbrances of whatever
kind or nature.

The Debtor is authorized and directed to pay, disburse or reserve,
as the case may be, the distributions provided for under the Plan
on account of "Allowed" and/or "Disputed" "Claims" from the
proceeds of sale at the closing on the Purchase Agreement, together
with the costs and expenses, if any, of closing payable by the
Debtor.

The Debtor, by its counsel, will hold the balance, if any, of the
proceeds of sale of the Commercial Unit not paid or disbursed at
the closing in escrow and will distribute said proceeds only in
accordance with the terms of the Plan.  

The terms and conditions of the Order will be immediately effective
and enforceable upon its entry and the requirements of Bankruptcy
Rule 6004(h) are waived.

                   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.  

In its schedules, the Debtor disclosed total assets of $5.57
million and total liabilities of $332,847.

Douglas J. Pick, Esq., at Pick & Zabicki LLP, serves as the
Debtor's counsel.  

                          *     *     *

The Court has entered an order approving the disclosure statement
explaining the Debtors First Amended Chapter 11 Plan of
Reorganization.  The Plan provides for the full payment of the
Debtor's pre- and post-petition obligations, with applicable
interest, if any.  Menachem Haimovich will retain his equity
interests in the Debtor.

The Plan is proposed to be implemented by way of a
post-confirmation sale of the commercial condominium unit owned by
the Debtor located at 209 East 2nd Street, Unit 1, New York, and
with the proceeds of the exit financing of the Debtor.  The Debtor
has entered into a purchase agreement, subject to the Court's
approval, to sell the condominium unit for $2,700,000.


HAMMOND'S TRANSPORTATION: Case Summary & Top Unsecured Creditors
----------------------------------------------------------------
Debtor: Hammond's Transportation, LLC
        13101 Carrere Court
        New Orleans, LA 70129

Case No.: 17-11350

Business Description: Hammond's Transportation --
                      https://hammondstransportation.com --
                      provides safe, timely, and dependable
                      service to any size group or organization
                      throughout the Greater New Orleans area.
                      The Company maintains a first class fleet of

                      school buses, vans and a staff of qualified
                      drivers.  Hammond's Transportation thrives
                      to be one of the best transportation
                      companies in the Greater New Orleans Area.

Chapter 11 Petition Date: May 25, 2017

Court: United States Bankruptcy Court
       Eastern District of Louisiana (New Orleans)

Judge: Hon. Elizabeth W. Magner

Debtor's Counsel: Christopher T. Caplinger, Esq.
                  LUGENBUHL, WHEATON, PECK, RANKIN & HUBBARD
                  601 Poydras Street, Suite 2775
                  New Orleans, LA 70130
                  Tel: (504) 568-1990
                  Fax: (504) 310-9195
                  E-mail: ccaplinger@lawla.com

                    - and -

                  Stewart F. Peck, Esq.
                  LUGENBUHL, WHEATON, PECK, RANKIN & HUBBARD
                  601 Poydras Street, Suite 2775
                  New Orleans, LA 70130
                  Tel: (504) 568-1990
                  Fax: (504) 529-7418
                  E-mail: speck@lawla.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Mark Hammond, authorized member.

A copy of the Debtor's list of 19 largest unsecured creditors is
available for free at http://bankrupt.com/misc/laeb17-11350.pdf


HHGREGG INC: Wants to Retain 38 Non-Insider Employees Under KERP
----------------------------------------------------------------
BankruptcyData.com reported that hhgregg Inc. filed with the U.S.
Bankruptcy Court a motion for authority approving a key employee
retention program (KERP) for certain non-insiders.  The motion
explains, "The KERP is structured to ensure the retention of 38 of
the Debtors' non-insider employees (the 'KERP Participants') whose
efforts will be critical to completing the Debtors' wind-down both
during and after the conclusion of the Debtors' store closing sales
process and to maximizing stakeholder value in connection
therewith.  In addition to residual store closing work, this
wind-down will include, among other things, transitioning the
Debtors' existing information technology systems so as to ensure
the Debtors can vacate their corporate headquarters in a timely and
orderly fashion (and retain critical records); disposing of any
inventory and equipment that remains after the store closing sales;
selling the Debtors' intellectual property; collecting Debtors'
accounts receivable and "vendor credits"; prosecuting estate
avoidance actions; and administering residual employee benefits and
payroll.  In order to accomplish a successful post-closing
wind-down, the Debtors seek to retain 12 of the 38 KERP
Participants until at least June 30, 2017 (the 'June 30 Group'),
and an additional 21 until at least July 31, 2017 (the 'July 31
Group'). The Debtors seek to retain one additional KERP Participant
until August 31, 2017 (the 'August 31 Group'), and the remaining
four participants until March 31, 2018 (the 'March 31 Group').  The
KERP seeks to retain only a small percentage of the approximately
4,700 individuals employed by the Debtors as of March 2017.  The
Debtors propose to award KERP Participants the aggregate sum of up
to $500,000 in bonuses."

                       About hhgregg Inc.

Indianapolis, Indiana-based hhgregg, Inc. is an appliance,
electronics and furniture retailer. Founded in 1955, hhgregg is a
multi-regional retailer currently with 220 stores in 19 states
that also offers market-leading global and local brands at value
prices nationwide via hhgregg.com.

hhgregg Inc., Gregg Appliances Inc. and HHG Distributing LLC
sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. S.D. Ind. Lead Case No. 17-01302) on March 6, 2017. The
petition was signed by Kevin J. Kovacs, chief financial officer.

At the time of the filing, hhgregg and HHG Distributing estimated
assets and liabilities of less than $50,000. Gregg Appliances
estimated its assets and liabilities at $100 million to $500
million.

The Debtors engaged Morgan, Lewis & Bockius LLP and Ice Miller LLP
as counsel; Berkeley Research Group, LLC as financial advisor;
Stifel and Miller Buckfire & Co. as investment banker; Hilco IP
Services as intellectual property advisor; Altus Group US, Inc. as
tax advisor; and Donlin, Recano & Company, Inc. as claims and
noticing agent.

The U.S. Trustee has appointed creditors to serve on the official
committee of unsecured creditors. The Committee hired Bingham
Greenebaum Doll LLP as counsel and ASK LLP as avoidance claims
counsel.

                           *     *     *

hhgregg filed for Chapter 11 bankruptcy early in March, saying it
had signed a term sheet with an anonymous party to purchase the
assets of the Company, which is intended to allow the Company to
exit Chapter 11 debt free with significant improvement in
liquidity for the future stability of the business. The Company
said at that time it expected a quick and smooth process through
Chapter 11 with emergence in approximately 60 days.

Ten days later, hhgregg said it has terminated the previously
announced nonbinding term sheet with the anonymous party because
the Company was unable to reach a definitive agreement on terms.
The Company said it continues to work with interested third
parties to purchase assets of the business.  hhgregg added it
had received strong interest from third parties interested in
buying some or all of the Company's assets.

Subsequently, hhgregg executed a consulting agreement with a
contractual joint venture comprised of Tiger Capital Group, LLC and
Great American Group, LLC to conduct a sale of the merchandise and
furniture, fixtures and equipment located at the Company's retail
stores and distribution centers.  On April 7, hhgregg announced
that the Bankruptcy Court approved the Company's initiation of the
process to liquidate the assets of the Company commencing on April
8.  Specifically, the Court approved, at the Company's request, a
plan for the Company to close 132 retail stores and the Company's
distribution centers.  

According to a disclosure with the Securities and Exchange
Commission in March, debtors Gregg Appliances, Inc. and HHG
Distributing, LLC entered into a Consulting Agreement with a
contractual joint venture between Tiger Capital Group and Great
American Group to conduct the sale of the merchandise and
furniture, fixtures and equipment located at the Company's 132
retail stores and the distribution centers. The approval of each of
this plan resulted from the Company's decisions to take the
necessary steps to liquidate the assets of the Company and its
subsidiaries as a part of the Chapter 11 proceedings.

The Company has said it does not anticipate any value will remain
from the bankruptcy estate for the holders of the Company's common
stock, although this will be determined in the continuing
bankruptcy proceedings.


HIGH PLAINS: Seeks Interim Authorization to Use Cash Collateral
---------------------------------------------------------------
High Plains Computing, Inc., doing business as HPC Solutions, asks
the U.S. Bankruptcy Court District of Colorado for authorization to
use cash collateral on an interim basis until such time as the
Court schedules a final hearing on the use of cash collateral.

The Debtor plans to continue operation of its business throughout
the Chapter 11 case and propose a Plan of Reorganization which
provides for the continuation of the Debtor's business.  In order
to pay necessary operating expenses, the Debtor must immediately
use cash collateral in which one or more creditors may have an
interest.

Majority of the Debtor's revenues and available cash are derived
from the sale of inventory and the sale of services to its
customers, such that, without the use of cash collateral, the
Debtor will have insufficient funding for business operations. As
set forth on the proposed 2-week Budget, the Debtor intends to use
cash in the aggregate sum of $108,013 from May 23 to June 6, 2017.

Currently, the Debtor estimates its inventory as having a value of
approximately $0, and its account receivable balance of
approximately $200,000. The Debtor asserts that the greatest value
of the cash collateral can only be achieved through ongoing
operation of the Debtor's business.

The Debtor contends that it will be replacing its accounts, cash
and cash equivalents in the course of its daily operations, and
therefore, the collateral base will remain stable and wil improve
over time, giving the Debtor a positive cash position after meeting
expenses during the term of the Chapter 11 case.

The Debtor identifies these secured creditors that may claim liens
in its assets, including its inventory and accounts receivables:

     (a) GE Commercial Distribution Finance Corp./Wells Fargo
Commercial Distribution Finance, LLC

     (b) Key Government Finance, Inc.

     (c) SYNNEX Corp.

     (d) CSNK Workiing Capital Finance Corp.

     (e) LiftForward, Inc.

     (f) FC Marketplace, LLC

     (g) CFO Business Advisors LLC

     (h) Silicon Mechanics, Inc.

However, the Debtor believes that the only secured creditor with a
first lien encumbering its accounts receivable and inventory is GE
Commercial Distribution Finance Corp., which has been assigned to
Wells Fargo Commercial Distribution Finance, LLC.  The Wells Fargo
claim is approximately $272,542.

The Debtor proposes to provide these forms of adequate protection
for its Secured Creditors on account of the cash collateral:

     (a) The Debtor will provide Secured Creditors with
postpetition lien on all postpetition inventory, accounts
receivable, and income derived from the operation of the business
and assets, to that extent that the use of cash results in a
decrease in the value of their respective interest in the
collateral;

     (b) The Debtor will only use cash collateral in accordance
with the Budget, subject to a deviation on line item expenses not
to exceed 15%;

     (c) The Debtor will keep all of Secured Creditors' collateral
fully insured;

     (d) The Debtor will provide Secured Creditors with a complete
accounting, on a monthly basis, of all revenue, expenditures, and
collections through the filing of the Debtor's Monthly Operating
Reports; and   

     (e) The Debtor will maintain in good repair all of Secured
Creditors' collateral.

A full-text copy of the Debtor's Motion, dated May 25, 2017, is
available at https://is.gd/jFrFzL

                    About High Plains Computing

High Plains Computing, Inc., d/b/a HPC Solutions --
http://www.hpc-solutions.net/ -- offers a broad portfolio of
services and solutions in Information Technology (IT), Unified
Communications, and Professional Services for the government and
healthcare industries.  The Company works with manufacturers of IT
software, cloud computing, collaboration, storage, and integration.
It also offers a wide array of professional services to include IT
support and developmental services, data management  services,
network engineering, technical subject matter experts,
administrative services, engineering, and more.

High Plains Computing filed a Chapter 11 petition (Bankr. D. Colo.
Case No. 17-14819) on May 23, 2017.  The petition was signed by
Roger Cree, CEO.  The Debtor estimated $100,000 to $500,000 in
assets and $1 million to $10 million in liabilities.

The case is assigned to Judge Joseph G. Rosania Jr.

The Debtor is represented by Lee M. Kutner, Esq. at Kutner Brinen,
P.C.


I-LIGHTING LLC: Taps Tydings & Rosenberg as Legal Counsel
---------------------------------------------------------
i-Lighting LLC seeks approval from the U.S. Bankruptcy Court for
the District of Maryland to hire legal counsel in connection with
its Chapter 11 case.

The Debtor proposes to hire Tydings & Rosenberg LLP to, among other
things, give legal advice regarding its duties under the Bankruptcy
Code, defend any litigation that may be brought against it, and
file a plan of reorganization.

The hourly rates charged by the firm range from $385 to $575 for
partners, and $250 to $330 for associates.  Paralegals charge $160
per hour.

Tydings received a retainer of $10,703 prior to the Debtor's
bankruptcy filing, and will receive an additional $9,217 within 60
days of the filing.

Joseph Selba, Esq., disclosed in a court filing that he and other
attorneys of the firm do not represent any interest adverse to the
Debtor or its bankruptcy estate.

The firm can be reached through:

     Joseph M. Selba, Esq.
     Tydings & Rosenberg LLP
     100 East Pratt Street, 26th Floor
     Baltimore, MD 21202
     Tel: (410) 752-9715
     Fax: (410) 727-5460
     Email: jselba@tydingslaw.com

                      About i-Lighting LLC

Based in North East, Maryland, i-Lighting LLC --
http://www.ilightingled.com-- provides LED lighting solutions.  
The Debtor conducts business under the name Stairlighting.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Md. Case No. 17-16807) on May 16, 2017.  Scott D.
Holland, managing member and chief executive officer, signed the
petition.  

At the time of the filing, the Debtor disclosed $294,316 in assets
and $2.34 million in liabilities.

Judge David E. Rice presides over the case.


ICAGEN INC: Incurs $806,000 Net Loss in First Quarter
-----------------------------------------------------
Icagen, Inc., filed with the Securities and Exchange Commission its
quarterly report on Form 10-Q disclosing a net loss of $805,726 on
$5.81 million of revenues for the three months ended March 31,
2017, compared to a net loss of $1.10 million on $900,866 of
revenues for the same period in 2016.

As of March 31, 2017, Icagen had $14.05 million in total assets,
$18.23 million in total liabilities, and a total stockholders'
deficit of $4.18 million.

The Company has a history of annual losses from operations since
inception and it has primarily funded its operations through sales
of its unregistered equity securities and cash flows generated from
government contracts and grants, settlement of lawsuits and more
recently from bridge note funding and debt funding, commercial
customers and subsidy income.  Although, the Company is generating
funds from commercial customers and government grants, the Company
continues to experience losses and may need to raise additional
funds in the future to meet our working capital requirements.

"To date, we have never generated sufficient cash from operations
to pay our operating expenses," the Company stated in the filing.
"Despite the $32 million we expect to derive from Icagen-T for
services provided to and operating expense contributions paid by
Sanofi over the next five years, of which $15,240,000 has been
received as of March 31, 2017, and the revenue we expect to receive
from Pfizer, we expect our expenses to increase as our operations
expand and our expenses may continue to exceed such revenue.  As of
December 31, 2016 we had not generated additional revenue from
operations to pursue our business strategy, to respond to new
competitive pressures or to take advantage of opportunities that
may arise.  These factors raised substantial doubt about our
ability to continue as a going concern."

As a result, the Company's independent registered public accounting
firm included an explanatory paragraph in its report on the
Company's consolidated financial statements as of and for the year
ended Dec. 31, 2016, with respect to this uncertainty.

"We anticipate that our current cash and cash equivalents,
including cash derived from the 2017 debt financing will be
sufficient to meet our operating needs for at least the next twelve
months.  However, if we should require additional capital, we may
consider multiple alternatives, including, but not limited to,
additional equity financings, debt financings and/or funding from
partnerships or collaborations.  There can be no assurance that we
will be able to complete any such transactions on acceptable terms
or otherwise."

As of March 31, 2017, the Company had cash totaling $1,616,248,
other current assets totaling $1,951,769 and total assets of
$14,050,761.  The Company had total current liabilities of
$10,823,944 and a net working capital deficit of $(7,255,927),
which includes deferred subsidy and deferred revenue received from
Sanofi of $3,200,000, which will have no impact on cash flow. After
eliminating these items the working capital is $4,055,927. Total
liabilities were $18,239,516, including deferred purchase
consideration of $8,930,215.  The deferred purchase consideration
includes a net present value discount of $1,569,785 (made up of a
gross present value discount of $2,468,700 less imputed interest
expense of $898,915), the gross amount still due in terms of the
acquisition agreement is $10,500,000 of which $500,000 is dependent
on the achievement of a revenue target with Pfizer and $10,000,000
is due based on a potential earn out charge of the greater of
(i)10% of gross revenues commencing in January 2017 per quarter and
(ii) $250,000 per quarter, up to a maximum of $10,000,000.  The
Company's stockholders' deficit amounted to $4,188,756.

On April 12, 2017, the Company sold in the April 2017 Bridge
Financing to three investors, which included two members of our
Board of Directors, pursuant to the 2017 Purchase Agreement, 150
Units at a price of $10,000 per unit consisting of a 2017 note in
the principal amount of $10,000 and a 2017 Warrant to acquire 1,500
shares of our common stock, par value, $0.001 per share, at an
exercise price of $3.50 per share.  The aggregate gross cash
proceeds to the Company from the sale of the 150 Units was
$1,500,000, these notes were repaid on May 12, 2017, together with
interest thereon.

On May 15, 2017, the Company and Icagen-T entered into a Securities
Purchase Agreement with an institutional investor, pursuant to
which (i) the Company issued to the Purchaser the Company Note for
cash proceeds of $1,920,000 after an original issue discount of 4%
or $80,000, before deal related expenses; and (ii) Icagen-T issued
to the Purchaser the Icagen-T Note for cash proceeds of $7,680,000
after an original issue discount of 4% or $320,000, before deal
related expenses.  The Company Note and the Icagen-T Note is
convertible into shares of common stock at a conversion price of
$3.50 per share.

The Company used the proceeds from the Company Note to repay the
$1,500,000 aggregate principal amount of the 8% bridge notes issued
in April 2017 and all accrued but unpaid interest thereon and the
$500,000 owed by the Company pursuant to the terms of the Dentons
settlement agreement, and Icagen-T intends to use the net proceeds
from the purchase price paid to Icagen-T for general corporate and
working capital purposes of Icagen-T, provided, however, proceeds
are not to be used for (a) the repayment of any Indebtedness other
than Permitted Indebtedness, (b) the redemption or repurchase of
any securities of ours, Icagen-T and our Subsidiaries, or (c)
except for the payments pursuant to the Settlement Agreement, the
settlement of any outstanding litigation; provided, further,
Icagen-T will not use any of such proceeds in violation of its
arrangements with Sanofi US Services, Inc.

"Should we not achieve our forecasted operating results or should
strategic opportunities present themselves such that additional
financial resources would present attractive investing
opportunities for us, we may decide in the future to issue debt or
sell our equity securities in order to raise additional cash.  We
cannot provide any assurances as to whether we will be able to
secure any additional financing, or the terms of any such financing
transaction if one were to occur."

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

                     https://is.gd/RveyZb

                          About Icagen

Durham, North Carolina-based Icagen, Inc., formerly known as XRpro
Sciences, Inc., is a biopharmaceutical company, focuses on the
discovery, development, and commercialization of
orally-administered small molecule drugs that modulate ion channel
targets.  Its drug candidates include ICA-105665, a small molecule
compound that targets specific KCNQ ion channels for the treatment
of epilepsy and pain, which is in Phase II clinical trial stage;
and a compound that targets the sodium channel Nav1.7 for the
treatment of pain, which is in Phase I clinical trial stage.

Icagen reported a net loss of $5.50 million in 2016 following a net
loss of $8.67 million in 2015.

RBSM LLP, in New York, issued a "going concern" opinion on the
financial statements for the year ended Dec. 31, 2016, stating that
the Company has incurred recurring operating losses, which has
resulted in an accumulated deficit of approximately $27.6 million
at Dec. 31, 2016.  These conditions, among others, raise
substantial doubt about the Company's ability to continue as a
going concern.


III EXPLORATION: Plan Filing Exclusivity Extended Until May 31
--------------------------------------------------------------
Judge R. Kimball Mosier of the U.S. Bankruptcy Court for the
District of Utah extended the exclusive periods during only III
Exploration II LP may file a plan of reorganization and solicit
acceptances to the plan, through May 31, 2017 and July 31, 2017,
respectively.

The Troubled Company Reporter has previously reported that the
Debtor needed additional time to complete the sale of the Western
Uintah Basin Assets, the last Lot of the Debtor's property, and
that the closing of the sale will complete the disposition of
substantially all of the Debtor's assets.

The Debtor's assets mainly consisted of certain parcels of real
property and various rights and interests relating to the
exploration, drilling and production of oil and gas on lands in
Utah, North Dakota, and Colorado.  Prior to the Petition Date, it
has taken proactive steps to respond to the market pressure and the
reduction in its liquidity.

The Debtor filed on August 11, 2016, its Motion for Order Approving
Bid Procedures for Sale of Substantially All of the Debtor's
Assets, which was granted by the Court on August 23.  The Debtor,
with the consent of its primary lenders, Wilmington Trust, National
Association, had determined that its assets should be divided into
four bidding lots:

     (a) assets in the Raton Basin in Colorado;

     (b) assets in the Williston Basin in North Dakota;

     (c) assets in the Western Uintah Basin in Utah; and

     (d) assets in the Eastern Uintah Basin in Utah.

Consistent with the Bid Procedures Order, the Debtor had been able
to obtain authorization from the Court to sell its Eastern Uintah
Basin Assets and North Dakota Assets. However, the Debtor was
unable to locate a buyer for the Colorado Assets, and consequently,
obtained authorization to abandon that property.

The Debtor related that the Court has entered an order allowing it
sell its Western Uintah Basin Assets on March 8, 2017, and the sale
has not yet closed. The Debtor, however, anticipated the sale to
close by May 5, 2017.

The Debtor maintained that any plan of reorganization filed in its
case would depend largely on the results of the sale of its
remaining assets.  As such, the Debtor claimed that it will be in a
better position to evaluate its moving forward strategy after
completion of the sale of its assets, which strategy would be
hindered if the Plan Period is allowed to expire and the Debtor was
forced to spend resources fending off any competing plans that may
be filed.

                  About III Exploration II LP

III Exploration II LP and its general partner, Petroglyph Energy,
Inc., are headquartered in Boise, Idaho.  III Exploration II is
engaged in the exploration and production of oil and natural gas
deposits, primarily in the Uinta Basin in Utah.  III Exploration
also has an interest in approximately 42,100 undeveloped acres in
the Raton Basin located in Colorado, and participates in joint
ventures with respect to properties in the Williston Basin in North
Dakota.

III Exploration filed a chapter 11 petition (Bankr. D. Utah Case
No. 16-26471) on July 26, 2016. The petition was signed by Paul R.
Powell, president.  The Debtor estimated assets at $50 million to
$100 million and debt at $100 million to $500 million.

The case is assigned to Judge R. Kimball Mosier.  

The Debtor tapped George Hofmann, Esq., Steven C. Strong, Esq., and
Adam H. Reiser, Esq., at Cohne Kinghorn, P.C., to serve as its
general counsel; and A. John Davis, Esq., at Holland & Hart LLP to
serve as special counsel.  Tudor Pickering Holt & Co. is the
Debtor's investment banker. Donlin Recano & Company Inc. is the
claims and noticing agent.

No trustee or examiner has been appointed, and no official
committee of creditors or equity interest holders has been
established.


INFORMATION SOLUTIONS: Hires Forrester & Worth as Attorney
----------------------------------------------------------
Information Solutions, Inc., d/b/a Refuge Golf & Country Club,
seeks authority from the U.S. Bankruptcy Court for the District of
Arizona to employ Forrester & Worth, PLLC, as attorney to the
Debtor.

Information Solutions requires Forrester & Worth to:

   a. represent the Debtor in the administration of the
      bankruptcy case, including, without limitation the
      examination of Debtor's acts, conduct, and property;

   b. prepare of required records, reports, applications, orders,
      pleadings, and other legal papers; representation of the
      Debtor in contested matters and adversary proceedings;

   c. identify and prosecute of claims and causes of action on
      behalf of the estate;

   d. examine proofs of claim and possible objections to such
      claims;

   e. prepare a plan and disclosure statement and representation
      of the Debtor in related confirmation proceedings; and

   f. assist and advise the Debtor in the performance of its
      official duties and functions.

Forrester & Worth will be paid at these hourly rates:

     Attorney                   $400-$450
     Paralegal                  $150

On March 22 through March 23, 2017, Forrester & Worth received from
the Debtor by wire transfer the total amount of $10,000.  On April
11, Forrester & Worth received from Lloyd Hightower, shareholder of
the Debtor, by wire transfer the amount of 50,000.  On May 17,
2017, Forrester & Worth received from Glenn Nudelman, shareholder
of the Debtor, by wire transfer the amount of $40,000.

Forrester & Worth will also be reimbursed for reasonable
out-of-pocket expenses incurred.

John R. Worth, member of Forrester & Worth, PLLC, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Forrester & Worth can be reached at:

     John R. Worth, Esq.
     FORRESTER & WORTH, PLLC
     3636 North Central Avenue, Suite 700
     Phoenix, AZ 85012
     Tel: (602) 258-2729

                   About Information Solutions, Inc.

Information Solutions -- http://www.refugecountryclub.com/-- owns
the Refuge Golf & Country Club located at 3103 London Bridge Rd.
Lake Havasu City, AZ 86404. The property is valued at $2 million.

Information Solutions, Inc., based in Lake Havasu City, AZ, filed a
Chapter 11 petition (Bankr. D. Ariz. Case No. 17-05481) on May 17,
2017.  The Hon. Madeleine C. Wanslee presides over the case. John
R. Worth, Esq., at Forrester & Worth, PLLC, serves as bankruptcy
counsel.

In its petition, the Debtor estimated $2.06 million in assets and
$12.78 million in liabilities. The petition was signed by Jerry
Aldridge, president.


J.J. BAKER: Files Chapter 11 Liquidating Plan
---------------------------------------------
J.J. Baker, LLC, filed with the U.S. Bankruptcy Court for the
Western District of Missouri a Chapter 11 liquidating plan, which
proposes to pay creditors from the sale of its assets.

According to the plan, the company has already identified a
prospective purchaser, who is currently conducting due diligence
and is prepared to buy some or all of its rental properties.

Although no purchase price has been established, J.J. Baker
anticipates that the sale will yield proceeds sufficient to pay the
balance owed secured creditors in full.

If the sale is not consummated on or before August 17, the company
will retain Robert Kollmeier, Inc. to auction its properties, which
include an office building located at 855 E. Mt. Gilead Road; a
restaurant located at 107-109 Main Street; and two houses, one
duplex and six townhouses located at 2375 S. Pike, in Missouri.

The plan provides for two classes of secured claims: Class 2
secured claim of Farmers State Bank in the amount of $1,814,000.11,
and Class 2 secured claim of Polk County, Missouri, in the amount
of $41,589.94.  

Farmers will be paid in full from the sale of the properties on or
before August 17.  The other secured claim will also be paid from
the sale proceeds.

J.J. Baker does not have general unsecured creditors, according to
its disclosure statement filed on May 16.

A copy of the disclosure statement is available for free at
https://is.gd/jZ2JzV

                         About J.J. Baker

J.J. Baker, LLC has been in the business of developing and renting
commercial real estate in Bolivar, Missouri, since 2003.

The Debtor filed a Cchapter 11 petition (Bankr. W.D. Mo. Case No.
16-60866) on August 29, 2016.  Jack J. Baker and Lynda E. Baker,
managing members, signed the petition.  At the time of the filing,
the Debtor disclosed $3.34 million in assets and $1.85 million in
liabilities.   

The Debtor is represented by Mariann Morgan, Esq., at Checkett &
Pauly, P.C.

An official committee of unsecured creditors has not been appointed
in the case.


KATY INDUSTRIES: U.S. Trustee Forms 7-Member Committee
------------------------------------------------------
Andrew Vara, acting U.S. trustee for Region 3, on May 26 appointed
seven creditors to serve on the official committee of unsecured
creditors in the Chapter 11 cases of Katy Industries, Inc., and its
affiliates.

The committee members are:

     (1) Deltco of Wisconsin, Inc.
         d/b/a Deltco Plastics
         Attn: Randy Larson
         601 Industrial Park Road
         Ashland, WI 54806
         Phone: 715-682-9007
         Fax: 715-682-0358

     (2) Majestic-Norwalk, LLC
         Attn: Edward Roski
         13191 Crossroads Hwy North, 6th Floor
         City of Industry, CA 91746-3497
         Phone: 562-948-4337
         Fax: 562-695-2329

     (3) Titan Manufacturing Group, LLC
         Attn: Terry White
         P.O. Box 5
         Glandorf, OH 45848
         Phone: 419-309-4122

     (4) Atreus Enterprises
         Attn: John Cooper
         7800 Secretariat Drive
         Saline, MI, 48176
         Phone: 248-761-1420
         Fax: 734-677-9969

     (5) Material Difference Technologies, LLC
         Attn: Terry Ingham
         1501 Sarasota Center Blvd.
         Sarasota, FL 34240
         Phone: 888-818-1283, Ext. 108
         Fax: 888-814-9829

     (6) Hilos y Mechas S.A. de C.V.
         Attn: Joseph Handal
         22-24 Calle 1-4 Ave.
         Barrio Guadalupe No 110
         San Pedro Sula, Honduras
         Phone: ++(504) 2558-8141
         Fax: ++504-2558-8142

     (7) Job Finders Employment Services, Co.
         Attn: Samuel Trapp
         1729 W. Broadway #4
         Columbia, MO 65203
         Phone: 573-446-4250

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

                       About Kay Industries

Katy Industries, Inc. -- http://www.katyindustries.com/-- a  
publicly traded Delaware corporation, and its wholly-owned direct
and indirect subsidiaries ("Company"), were organized as a Delaware
corporation in 1967.  The Company is a well-known manufacturer,
importer, and distributor of commercial cleaning and consumer
storage products as well as a contract manufacturer of structural
foam products.  It distributes its products across  the United
States and Canada.  It is best known for such brands as
Continental(R), Huskee(R), Color Guard(R), Wilen(R), Muscle Mop(R),
Contico(R), Tuffbin(R), and SilverWolf(R), among many others.  

The Company operates three manufacturing facilities located in
Jefferson City, Missouri, Tiffin, Ohio, and Fort Wayne, Indiana,
with its corporate headquarters located in St. Louis, Missouri.  It
currently employs approximately 300 employees, and supplements its
workforce with a significant number of additional labor employed
through third parties.

The Company boasts a broad and loyal customer base with over 1,500
customers encompassing stable industry leaders, providing the
Company with a sustainable platform of consumable products and a
recurring revenue source.  In the fiscal year 2016, it generated
revenues of approximately $107.9 million across its various
business units.  

Katy Industries, Inc., and its affiliates filed voluntary petitions
for relief under the Bankruptcy Code (Bankr. D. Del. Lead Case No.
17-11101) on May 14, 2017.  The petitions were signed by Lawrence
Perkins, chief restructuring officer.

Katy Industries disclosed assets at $821,321 and liabilities at
$58,421,346.

The Debtors tapped Stuart M. Brown, Esq., at DLA Piper LLP (US) as
counsel.


KE KAILANI: Taps Shafferman & Feldman as Legal Counsel
------------------------------------------------------
Ke Kailani Development, LLC seeks approval from the U.S. Bankruptcy
Court for the Southern District of New York to hire legal counsel
in connection with its Chapter 11 case.

The Debtor proposes to hire Shafferman & Feldman LLP to, among
other things, give legal advice regarding its duties under the
Bankruptcy Code, negotiate with creditors, and assist in the
preparation of a plan of reorganization.

Joel Shafferman, Esq., the attorney designated to represent the
Debtor, will charge an hourly fee of $400.  

The firm received from Michael Fuchs, member of the Debtor, a
retainer of $20,000, plus $1,717 for the filing fee.

Mr. Shafferman disclosed in a court filing that he and his firm are
"disinterested persons" as defined in section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Joel Shafferman, Esq.
     Shafferman & Feldman LLP
     137 Fifth Avenue, 9th Floor
     New York, NY 10010
     Tel: (212) 509-1802
     Fax: 212 509-1831
     Email: joel@shafeldlaw.com

                  About Ke Kailani Development

Ke Kailani Development, LLC is a corporation formed under the laws
of Hawaii, which develops a high-end fee simple luxury community.
Its principal assets are located at 33 Reyburn Drive Katonah, New
York.  The Debtor currently has no employees.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D.N.Y. Case No. 17-22662) on May 1, 2017.  Michael
Fuchs, managing member, signed the petition.  

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

Judge Robert D. Drain presides over the case.

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


KEMPLON MARINE: Has Interim Authority to Use PFG Cash Collateral
----------------------------------------------------------------
Judge John K. Olson of the U.S. Bankruptcy Court for the Southern
District of Florida authorized Kemplon Marine, Inc., to use the
cash collateral of Paragon Financial Group, Inc., on an interim
basis.

Prior to the Petition Date, in exchange for purchasing the Debtor's
accounts and pursuant to the Factoring Agreement, Paragon Financial
made purchase price advances to the Debtor in respect to which
Paragon Financial has a fully secured claim in the aggregate amount
of $23,485.

Paragon Financial has consented to the Debtor's use of cash
collateral, which cash collateral will be used in order to pay the
Debtor's expenses for employee payroll and insurance and only in
accordance with the budget. The approved May 2017 operating Budget
provides total expenses of approximately $40,139.

The Debtor is authorized to use cash collateral, consisting of
proceeds of non-purchased accounts in an amount not to exceed
$2,425, which the Debtor is solely permitted to use in order to pay
its vendor, Tampa Armature Works, two invoices for repairs to a
motor that that operates deck equipment on a customer's vessel.
These funds will be used exclusively to enable the Debtor to
complete Job #636305 for $22,767 which will allow the Debtor to
collect the remaining 50% payment on the invoice.

Paragon Financial is granted, a valid, binding, enforceable and
perfected first and senior security interest and liens in all of
the Debtor's assets acquired or arising on or after the
commencement of the Bankruptcy Case, including cash collateral.

Paragon Financial is also entitled to retain and apply to all
prepetition monetary obligations owing to Paragon Financial, all
collections, remittances, and proceeds Paragon Financial receives
in regards to all prepetition purchased accounts, including all
fees and charges, including attorneys' fees incurred by Paragon
Financial. In the event the Debtor comes into possession of any
proceeds of prepetition purchased accounts, the Debtor is directed
to remit all such proceeds directly to Paragon Financial.

Paragon Financial notified the Court that since it failed to
receive notice of the Debtor's chapter 11 bankruptcy filing,
Paragon Financial, after the Petition Date, unwittingly made one or
more post-petition advances to the Debtor in exchange for
purchasing accounts from the Debtor, as evidenced by Invoice No.
1558 dated 5/5/2017 in the amount of $7,046.

A continued hearing on the use of cash collateral has been set for
May 26, 2017 at 9:30 a.m.

A full-text copy of the Order, dated May 24, 2017, is available at
https://is.gd/fhCYGB

                       About Kemplon Marine

Kemplon Marine, Inc., d/b/a Kemplon Engineering, filed a Chapter 11
bankruptcy petition (Bankr. S.D. Fla. Case No. 17-15732) on May 5,
2017.  Colette O'Hanlon, president, signed the petition.  At the
time of filing, the Debtor estimated less than $50,000 in assets
and $100,001 to $500,000 in liabilities.  The Hon. John K Olson
presides over the case.  The Debtor is represented by Mark S.
Roher, Esq. at Law Office of Mark S. Roher, P.A.


KEMPLON MARINE: Wants to Use Paragon Financial's Cash Collateral
----------------------------------------------------------------
Kemplon Marine, Inc., seeks authorization from the U.S. Bankruptcy
Court for the Southern District of Florida to use cash collateral
of Paragon Financial Group during the month of May 2017.

The subject of this Motion is $28,587 representing the current
outstanding balance of the funds provided to the Debtor by Paragon
pursuant to that certain Factoring and Security Agreement dated
Nov. 12, 2012.

The Debtor says it has an immediate and critical need to use cash
collateral, which is subject to the Factoring Agreement, in order
to maintain and continue business operations.  The Debtor needs to
use cash collateral to pay its normal business expenses and
payroll.  Without the ability to continue to use cash collateral,
the Debtor's estate and creditors would suffer immediate and
irreparable harm.

The Debtor proposes to grant Paragon Financial a replacement lien
on all postpetition cash and receivables.

The proposed budget provides for receivables and income for May
2017:

     Incoming receivables for week of 5-15:   $13,136
     Income - billable for week of 5-22:      $14,672
     Income - billable for week of 5-29:      
            Bravado Final balance - scheduled
              for billing 5-29 - Est 1604:     $2,799
            Bombardier job 636130:            $45,249
                                              -------
     Total Gross Income for May 2017:         $75,856  

     Cash in Bank:                            $33,728
     Total Receivables Plus Cash in Bank:    $109,584

A copy of the Debtor's request and budget is available at:

        http://bankrupt.com/misc/flsb17-15732-19.pdf

Headquartered in Fort Lauderdale, Florida, Kemplon Marine, Inc., is
primarily engaged in the business of repairing boats and other
vessels.  Kemplon Marine filed for Chapter 11 bankruptcy protection
(Bankr. S.D. Fla. Case No. 17-15732) on May 5, 2017, estimating up
to $50,000 in assets and between $100,001 and $500,000 in
liabilities.  Mark S. Roher, Esq., at the Law Office of Mark S.
Roher, P.A., serves as the Debtor's bankruptcy counsel.


L & B CONSTRUCTION: Foreclosure Auction on June 23
--------------------------------------------------
Anthony Mascolo, Esq., as Referee, will sell at public auction to
the highest bidder on June 23, 2017, at 10:00 a.m., the assets of L
& B Construction NY, Inc., et al.

The sale will be held in Courtroom 25 of the Queens County Supreme
Court located at 88-11 Sutphin Blvd., Jamaica, New York 11435.

The assets consist of the liened premises designated as Block 9615,
Lot 26, in the City of New York, County and Borough of Queens,
State of New York and known as 107-42 Van Wyck Expressway SRW,
South Richmond Hill, New York 11419.

By virtue of a Judgment of Foreclosure and Sale duly granted and
entered in and action entitled NYCTL 1998-2 Trust and The Bank of
New York Mellon as Collateral Agent and Custodian for the NYCTL
1998-2 Trust v. L & B Construction NY, Inc., et al, bearing Index
No. 19273-13 before the Supreme Court of the State of New York,
County of Queens, IAS Part 35, on or about March 7, 2016, the
approximate amount of the judgment is $13,698.72 plus interest and
other charges.

The property is being sold subject to the terms and conditions
stated in the judgment, any prior encumbrances and the terms of
sale which shall be available at the time of sale.

The Referee may be reached at:

     Anthony Mascolo, Esq.
     123-60 83rd Avenue, Suite IV
     Kew Gardens, New York 11415
     Tel: (718) 261-2215

Attorney for Plaintiff:

     DAVID P. STICH, ESQ.
     521 Fifth Avenue, 17th Floor
     New York, New York 10175
     Tel: (646) 554-4421


LA RIVIERA: Voluntary Chapter 11 Case Summary
---------------------------------------------
Debtor: La Riviera Bar, LLC
        113 Main Street
        Matawan, NJ 07747

Business Description: La Riviera Bar is a small business debtor as
                      defined in 11 U.S.C. Section 101(51D).  It
                      owns a commercial real estate valued at
                      $450,000.

Chapter 11 Petition Date: May 26, 2017

Case No.: 17-20816

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

Judge: Hon. Michael B. Kaplan

Debtor's Counsel: John Charles Allen, Esq.
                  LAW OFFICES OF JOHN CHARLES ALLEN, LLC
                  292 Livingston Avenue
                  New Brunswick, NJ 08901
                  Tel: (732) 828-9200
                  Fax: 732)828-9204/8750395
                  Email: jcaesq@johncharlesallen.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Ida Bea, authorized representative.

The Debtor has no unsecured creditors.

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

           http://bankrupt.com/misc/njb17-20816.pdf


LAMPLIGHT CONDOMINIUM: Taps Comer & Company as Accountant
---------------------------------------------------------
Lamplight Condominium Association, Inc. seeks approval from the
U.S. Bankruptcy Court for the District of Connecticut to hire an
accountant.

The Debtor proposes to hire Comer & Company, Certified Public
Accountants to provide these services related to its Chapter 11
case:

     (a) review the Debtor's financial records;

     (b) prepare income tax returns for 2016;

     (c) prepare income tax returns for prior years that have not
         been filed (State of Connecticut returns for 2002 to 2015

         and the federal returns for 2011 to 2015);

     (d) determine a course of action to complete Chapter 11 plan
         of reorganization relative to tax treatment.

     (e) assist in preparing monthly operating reports.

     (f) perform other services related to the Debtor's bankruptcy

         proceeding.

Thomas Comer, a certified public accountant and owner of Comer &
Company, will be paid an hourly fee of $275.  Meanwhile, the firm's
associate accountants will charge $175 per hour to prepare returns
for prior years that have not yet been filed.

Mr. Comer disclosed in a court filing that he is a "disinterested
person" as defined in section 101(14) of the Bankruptcy Code.

Comer & Company can be reached through:

     Thomas D. Comer
     Comer & Company
     Certified Public Accountants
     Rev. John Cookson House
     61 E. Main Street
     Middletown, CT 06457
     Tel: (860) 346-2100

            About Lamplight Condominium Association

Lamplight Condominium Association, Inc., a non-stock corporation
based in Connecticut, manages the common elements of Lamplight
Condominiums located in East Hartford, Connecticut.   

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Conn. Case No. 17-20078) on January 22, 2017,
listing under $1 million in both assets and liabilities.  The
Debtor hired Grafstein & Arcaro, LLC as legal counsel, and Lloyd
Langhammer, Esq., as special counsel.   

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


LANE FAMILY: Wants Access to Cash Collateral Through Sept. 30
-------------------------------------------------------------
Lane Family Limited Partnership No. One seeks authorization from
the U.S. Bankruptcy Court for the Eastern District of California to
use up to $8,469 of cash collateral per month, to pay monthly
expenses in the ordinary course of business for the three-month
period ending on September 30, 2017.

The Debtor owns four parcels of real property located at:

              20988 E. Hwy. 12, Clements, CA
              20530 E. Hwy. 12, Clements, CA
              22801 N. Johnson Rd., Clements, CA
              22659 N. Johnson Rd., Clements, CA

The Debtor also owns certain Mitigation Bank Credits arising from
the designation by the U.S. Fish and Wildlife Service of
approximately 814 acres of land formally owned by the Debtor as the
Fitzgerald Ranch Conservation Bank pursuant to that certain
Conversation Agreement and Perpetual Conservation Easement Grant.

These entities may potentially assert interests in the Debtor's
assets, including cash collateral:

     (a) SJ County Tax Collector holds a claim of approximately
$5,863, which is secured by the Real Properties;

     (b)First Community Bank holds a claim of approximately
$2,287,566, which is secured by Real Properties and Mitigation Bank
Credits;

     (c) Strategic Funding Source, Inc. holds a claim of
approximately $9,995, which is secured by the Debtor's receivables,
personal property, and Mitigation Bank Credits;

     (d) Frog Funding, LLC holds a claim of approximately $15,000,
which is secured by the Debtor's receivables, personal property,
and Mitigation Bank Credits

The Debtor asserts that the cash collateral assets have a combined
value of at least $5,344,000 but the estimated secured claims
against the property total $2,318,424.  Therefore, the Debtor says
that the secured claims are adequately protected by $3,025,576
equity cushion, representing 56.62% of the assets' values.

Accordingly, the Debtor contends that while it need not provide
replacement liens in the cash collateral because the liens are
fully secured by the Properties and are adequately protected by the
substantial equity cushions in the properties, however, the Debtor
does not oppose the granting of replacement liens should the Court
so require.

By using the cash collateral, the Debtors will be able to stabilize
their operations and execute on their plan of reorganization, which
they expect to result in increased income through the lease of
Debtor's real property and the addition of cattle.  The proceeds
from Debtor's future operations and the sale of Mitigation Bank
Credits will in turn be used to repay these creditors through the
plan of reorganization.

A full-text copy of the Debtor's Motion, dated May 24, 2017, is
available at https://is.gd/9WP5c8

                  About Lane Family LP No. One           

Lane Family Limited Partnership No. One's bankruptcy case was
commenced by filing voluntary chapter 12 petition on Jan. 4, 2017.
Jan Johnson was the appointed acting Chapter 12 Trustee.  The case
was later converted to one under chapter 11 (Bankr. E.D. Cal. Case
No. 17-20038) on March 15, 2017.

The Debtor is represented by Iain A. MacDonald, Esq., and Matthew
J. Olson, Esq., at MacDonald Fernandez LLP.


LARKIN EXCAVATING: Taps Evans & Mullinix as Legal Counsel
---------------------------------------------------------
Larkin Excavating, Inc. seeks approval from the U.S. Bankruptcy
Court for the District of Kansas to hire legal counsel.

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

The hourly rates for the primary attorneys and paralegals
anticipated to represent the Debtor are:

     Thomas Mullinix     $300
     Joanne Stutz        $300
     Colin Gotham        $300
     Paralegals          $100

Prior to the Debtor's bankruptcy filing, the firm received from the
Debtor $20,000 to prepare the petition, schedules of assets and
liabilities, and initial pleadings.  These funds were advanced to
the Debtor by Joshua Boeppler, nephew of John Larkin, Debtor's
president.

Joanne Stutz, Esq., a partner at Evans & Mullinix, disclosed in a
court filing that her firm is "disinterested" as defined in section
101(14) of the Bankruptcy Code.

The firm can be reached through:

     Joanne B. Stutz, Esq.
     Evans & Mullinix, P.A.
     7225 Renner Road, Suite 200
     Shawnee, KS 66217
     Phone: (913) 962-8700
     Fax: (913) 962-8701
     Email: jstutz@emlawkc.com

                  About Larkin Excavating Inc.

Larkin Excavating, Inc. -- http://larkinexcavating.com-- provides
construction services and operates throughout the United States.
It owns a shop and office building located at 13575 Gilman Road,
Lansing, Kansas, valued at $453,500; a vacant land in Eisenhower
Road, Leavenworth, with a value of $300,000; and a track of real
property, identified by Larkin as the rock quarry and landfill, in
Leavenworth County, valued at $400,000.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Kan. Case No. 17-20890) on May 17, 2017.  John
Larkin, president, signed the petition.  

At the time of the filing, the Debtor disclosed $3.46 million in
assets and $6.38 million in liabilities.  

Judge Dale L. Somers presides over the case.


LILY ROBOTICS: DA Objects to Proposed Customer Refunds Process
--------------------------------------------------------------
Vince Sullivan, writing for Bankruptcy Law360, reports that San
Francisco Assistant District Attorney Daniel C. Amador is objecting
to Lily Robotics Inc.'s proposed claims process customer refunds in
its Chapter 11 case.

The Assistant DA, Law360 relates, argued that the establishment of
a bar date for claims and a process for filing proofs of claims
will only delay the return of money customers prepaid for a flying
camera drone that Lily never delivered.

                       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 Robotics sells its products internationally through its Web
site at 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 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.

On March 22, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The committee hired
Lowenstein Sandler LLP as its lead counsel, and Richards, Layton &
Finger, P.A., as its Delaware and conflicts counsel.

No trustee or examiner has been appointed in the case.


M.O.R. PRINTING: Can Continue Access to Collateral Until May 31
---------------------------------------------------------------
After being advised that M.O.R. Printing, Inc., and People's
Capital & Leasing Corporation have come to a mutual agreement,
Judge John K. Olson of the U.S. Bankruptcy Court for the Southern
District of Florida entered an agreed order authorizing the Debtor
to use cash collateral.

People's Capital is owed indebtedness in excess of $1,000,000 as of
the Petition Date, and holds a security interest in all of the
Debtor's assets, including but not limited to cash collateral,
accounts receivables, proceeds and all personal property including
a KBA Rapida Six Color Sheetfed Offset Press, a Heidelberg
Stitchmaster Saddle Stitcher, and other related equipment.

The Debtor said it is in the process of changing its business
operations from printing and related services to more of a
brokerage type of business, and so will no longer need most of the
collateral after May 31, 2017, at which time the Debtor is vacating
is current business location at 3585 NW 54th Street, Fort
Lauderdale, Florida 33309 and moving to 610 SW 12th Ave., Pompano
Beach, Florida 33069.

Accordingly, People's Capital is authorized to visit the Debtor's
place of business to inspect the collateral up through and
including May 31, 2017, and granted relief from the automatic stay
with respect to the Equipment Collateral remaining at the Debtor's
existing premises.  The Debtor consents to People's Capital
conducting a secured party sale of the Equipment Collateral.

Upon completion of the sale of the Equipment Collateral, People's
Capital will provide the Debtor with an accounting of the sale and
a statement of the remaining balance due on the Loan. If there is
any remaining deficiency, the Parties will attempt to negotiate a
consensual payment plan for same that permits the Debtor to
continue to utilize the cash collateral to conduct its business
operation and will submit an agreed Order as to same.  However, if
there remain any proceeds from the sale after payment of expenses
and People's Capital on account of its Loan, the Debtor will file a
motion with the Court to direct the further distribution of the
proceeds.

The Debtor has provided a list of the items of Equipment Collateral
that it wishes to retain and will pay People's Capital for the
total purchase price of $37,500.  The Debtor has located unrelated,
third party buyers for two items of the Equipment Collateral.

Subject to the approval of the Court, in a motion to be filed by
the Debtor no later than May 31, 2017, People's Capital consents to
the Debtor selling the following items:

     (a) Ryobi 524 HE Sheetfed press. 4/color 14 x 20, Year 2002,
Debtor has an offer from All Points Machinery, for $32,000 cash

     (b) Ryobi 3304H Sheetfed press, 4/color, 12 x 17, s/n 1455,
Year 1999; Debtor has an offer from Delta Printing for $7,500 cash

The Debtor is directed not to remove the Sale Items from the
Debtor's current premises, and the Sale Items will remain subject
to People's Capital's liens until their sale is approved by the
Court and the proceeds paid to People's Capital.  If the sale of
the Sale Items does not occur, then these items will be included
with the Equipment Collateral and will sold pursuant to the terms
of the Agreed Order.

Among other things, Judge Olson directed the Debtor to:

     (a) file its April monthly operating report on May 19, 2017;

     (b) not move the physical collateral (i.e., the machinery,
equipment, etc.) from its current location;

     (c) pay two adequate protection payments to People's Capital,
with $20,000 wired on May 19, 2017 and $15,000 wired on May 22,
2017, as authorized under the Cash Collateral Order;

     (d) cease using the Press on May 22, 2017, and will clean it
and prepare it for sale;

     (e) file a motion with the Court, seeking an Order authorizing
the purchase of the Retained Collateral, no later than May 31,
2017;

     (f) file a motion with the Court to authorize such sales and
distribution no later than May 31, 2017; and

     (g) file a revised budget for the use of cash collateral going
forward with respect to its reduced business operations no later
than June 7, 2017.

People's Capital will continue to have the replacement liens as set
forth in the Cash Collateral Order.

A final hearing on the use of cash collateral will remain scheduled
for June 27, 2017 at 10:30 a.m.

A full-text copy of the Agreed Order, dated May 24, 2017, is
available at https://is.gd/efEGaa

                       About M.O.R. Printing

M.O.R. Printing, Inc., based in Fort Lauderdale, Florida, filed a
Chapter 11 petition (Bankr. S.D. Fla. Case No. 17-11570) on Feb. 8,
2017.  The Debtor estimated $0 to $50,000 in assets and $1 million
to $10 million in liabilities.  The petition was signed by Owen
Luttinger, president.  The Hon. John K Olson presides over the
case.  Chad T. Van Horn, Esq., at Van Horn Law Group, P.A., serves
as counsel to the Debtor.


MACK INDUSTRIES: Trustee Taps Jenner & Block as Legal Counsel
-------------------------------------------------------------
The Chapter 11 trustee for Mack Industries, Ltd. seeks approval
from the U.S. Bankruptcy Court for the Northern District of
Illinois to hire his own firm as legal counsel.

Ronald Peterson, the court-appointed trustee, proposes to hire
Jenner & Block LLP to, among other things, give legal advice
regarding his duties under the Bankruptcy Code, investigate the
Debtor's transactions and financial condition, and assist in
liquidating assets of the bankruptcy estate.

The hourly rates charged by the firm are:

     Partners               $770 - $1,250
     Associates               $445 - $795
     Staff Attorneys          $380 - $480
     Paralegals               $305 - $365
     Project Assistants       $205 - $215

Mr. Peterson disclosed in a court filing that neither the firm nor
its attorneys hold or represent any interest adverse to the etate.

The firm can be reached through:

     Ronald R. Peterson, Esq.
     Angela M. Allen, Esq.
     Nicholas E. Ballen, Esq.
     Jenner & Block LLP
     353 N. Clark Street
     Chicago, IL 60654
     Tel: 312-222-9350
     Fax: 312-527-0484

                     About Mack Industries

Headquartered in Tinley Park, Illinois, Mack Industries, Ltd. --
http://www.mackcompanies.com/-- provides real estate management
services.  Mack owns, develops, constructs, leases, and manages
real estate properties.  MACK serves customers in the State of
Illinois.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. N.D.
Ill. Case No. 17-09308) on March 24, 2017, estimating its assets at
$1 million to $10 million and liabilities at $10 million to $50
million.

Judge Carol A. Doyle presides over the case.  Eric G. Zelazny,
Esq., at the Law Offices Of Eric G. Zelazny has served as the
Debtor's bankruptcy counsel.

On May 11, 2017, the court approved the appointment of Ronald R.
Peterson as Chapter 11 trustee for the Debtor.


MARSH SUPERMARKETS: Taps Young Conaway as Legal Counsel
-------------------------------------------------------
Marsh Supermarkets Holding, LLC has filed an application seeking
approval from the U.S. Bankruptcy Court in Delaware to hire Young
Conaway Stargatt & Taylor, LLP.

The firm will serve as legal counsel to Marsh Supermarkets and its
affiliates in connection with their Chapter 11 cases.  The firm's
services include advising the Debtors regarding their duties under
the Bankruptcy Code, and assisting them in the preparation of a
bankruptcy plan.

The principal attorneys and paralegal designated to represent the
Debtors, and their standard hourly rates are:

     Robert Brady            $890
     Michael Nestor          $820
     Robert Poppiti, Jr.     $520
     Ashley Jacobs           $430
     Shane Reil              $370
     Tara Pakrouh            $340
     Troy Bollman            $240

Young Conaway received retainer fees totaling $240,000 in
connection with the planning and preparation of initial documents
and its proposed postpetition representation of the Debtors.  
Moroever, the firm received $57,113 on March 22, and $18,704.69 on
March 31 to replenish the retainer.

Michael Nestor, Esq., a partner at Young Conaway, disclosed in a
court filing that his firm is a "disinterested person" as defined
in section 101(14) of the Bankruptcy Code.

In accordance with Appendix B-Guidelines for reviewing fee
applications filed by attorneys in larger Chapter 11 cases, Mr.
Nestor disclosed that his firm has not agreed to a variation of its
standard or customary billing arrangements for its employment with
the Debtors.  

Mr. Nestor also disclosed that Young Conaway was retained by the
Debtors pursuant to an employment agreement dated December 14,
2016, and that the billing rates and terms of the agreement are the
same as those contained in the application except that the firm's
hourly rates increased on January 1, which was disclosed to the
Debtors.

The Debtors will be approving a prospective budget and staffing
plan for the firm's employment for the post-petition period, and
that the budget may be amended as necessary to reflect changed or
unanticipated developments, Mr. Nestor further disclosed in court
papers.

Young Conaway can be reached through:

     Robert S. Brady, Esq.
     Michael R. Nestor, Esq.
     Robert F. Poppiti, Jr., Esq.
     Ashley E. Jacobs, Esq.
     Shane M. Reil, Esq.
     Young Conaway Stargatt & Taylor, LLP
     Rodney Square
     1000 North King Street
     Wilmington, DE 19801
     Tel: (302) 571-6600
     Fax: (302) 571-1256

                     About Marsh Supermarkets

Founded in 1931, Marsh Supermarkets is a retail food chain
headquartered in Indianapolis, Indiana, with stores throughout
Central Indiana and parts of western Ohio.  A substantial majority
of the stores are operating under the Marsh Supermarkets banner,
and a handful of stores operate as O'Malia Food.  Marsh was
publicly traded until May 2006, when it was acquired by affiliates
of Sun Capital Partners IV, LP and certain independent investors.

As of the petition date, Marsh operates a total of 60 stores in
Indiana and Ohio, and have a workforce of approximately 4,400
employees.

Marsh Supermarkets Holding, LLC and 15 affiliated debtors each
filed a voluntary petition for relief under Chapter 11 of the
Bankruptcy Code (Bankr. D. Del. Lead Case No. 17-11066) on May 11,
2017.  Lee A. Diercks, chief restructuring officer, signed the
petitions.

At the time of filing, Marsh estimated less than $50,000 in assets
and $50 million to $100 million in debt.  

Judge Brendan Linehan Shannon presides over the cases.  The Debtor
tapped Clear Thinking Group as restructuring advisor; Peter J.
Solomon Company as investment banker; and Prime Clerk LLC as claims
and noticing agent.

On May 18, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  No trustee or examiner
has been appointed.


MAXUS ENERGY: Madison Buying De Minimis Assets for $317K
--------------------------------------------------------
Maxus Energy Corp. and affiliates filed with the U.S. Bankruptcy
Court for the District of Delaware a notice of its sale of de
minimis assets that consists of its right, title and interest in
and to that First Colony Life Insurance Co. Policy Number XXXXX09
to Madison Square Holdings, LLC, for $316,510 pursuant to the Sale
Order, dated April 5, 2017.

Objections, if any, must be filed no later than June 8, 2017.

The Debtors entered into Purchase Agreement, dated May 24, 2017,
with the Buyer for the purchase of Assets.  The Debtors propose to
sell the Assets to the Purchaser on an "as is" basis, free and
clear of all liens, claims or encumbrances.  The Purchaser has
agreed to pay a purchase price of $316,510 for the Assets.

The Debtors are aware of any liens and/or encumbrances on the
Assets.  To the extent that any party has liens or encumbrances on
the Assets, the Debtors submit that any such lien or encumbrance
will attach to the proceeds of the sale with the same validity,
extent and priority such Lien had immediately prior to the sale of
the Assets, subject to any rights and defenses of the Debtors with
respect thereto.

If no Objections are filed with the Bankruptcy Court and served on
the Interested Parties by the Objection Deadline in accordance with
the terms of the Sale Order described, then the Debtors may proceed
with the De Minimis Sale in accordance with the terms of the Sale
Order.  The Debtors may consummate a De Minimis Sale prior to
expiration of the applicable Objection Deadline if the Debtors
obtain each Interested Party's written consent to the De Minimis
Sale.

                About Maxus Energy Corporation

Based in Dallas, Texas, Maxus Energy Corp.'s business is comprised
of three principal components: (i) management of various oil and
gas-related interests held by Maxus and its wholly-owned
subsidiaries, (ii) environmental remediation management services by
Tierra Solutions, Inc., which also holds title to certain real
estate properties, and (iii) management of legacy employee benefit
obligations to retired former employees.

Maxus Energy and four of its subsidiaries filed voluntary petitions
for reorganization under Chapter 11 (Bankr. D.
Del. Lead Case No. 16-11501) on June 17, 2016.  The Debtors will
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 formed an Official 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, named an Official
Committee of Retirees, with these members: 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.


MAXUS ENERGY: MoFo Touts Succesful Restructuring of Debtor Client
-----------------------------------------------------------------
With the confirmation of Maxus Energy's chapter 11 liquidation plan
on May 22, the Business Restructuring & Insolvency team at global
law firm Morrison & Foerster has secured another successful outcome
for debtor clients in a major bankruptcy case.

Jennifer Marines, a partner in the Group, led the Maxus case along
with former Judge James Peck, who chairs the firm's Business
Restructuring & Insolvency Group.  The Maxus case involved billions
of dollars in environmental claims with federal agencies, and the
plan process highlights the importance of collaboration and
creativity in conflict resolution.

MoFo is widely recognized as a go-to firm for creditors' committee
representation, and has established itself as a leader in
significant debtor work as well.  A notable example is MoFo's
representation of Residential Capital (ResCap) in the largest
chapter 11 case filed in the last five years.  The firm had a
central role in developing a nearly universally-supported global
settlement that resolved in excess of $100 billion in claims
against ResCap.

In the Maxus case, MoFo guided the structuring of a chapter 11
plan, which attracted the support of over 99% in amount of voting
claims.  The firm's ability to efficiently and deftly navigate the
chapter 11 process, as well as its deep expertise with
bankruptcy-related environmental issues, enabled Maxus to maximize
value for stakeholders and resolve its environmental liabilities.
The Maxus representation closely follows another debtor-side case
for MoFo where environmental obligations were a major factor.  The
firm represented giant oil refinery Hovensa in what was the largest
chapter 11 case ever filed in the US Virgin Islands.  "The Maxus
case, like the Hovensa case before it, is noteworthy because the
chapter 11 proceeding was able to resolve massive environmental
regulatory obligations imposed by federal and local agencies that
are generally not subject to compromise," explained Ms. Marines.

MoFo's highly regarded bankruptcy practice and strong global
platform were factors that attracted Judge Peck to the firm when he
joined as Group co-chair more than three years ago.  He comments
that "Morrison & Foerster has a wonderful culture of client service
that promotes efficient and successful outcomes in complex chapter
11 debtor representations.  While mediating plan negotiations in
ResCap, I saw how well the MoFo team functioned, and I was very
impressed.  Since I joined the firm, our restructuring and
insolvency capabilities have continued to expand globally."

                  About Maxus Energy Corporation

Maxus Energy Corporation and four of its subsidiaries filed
voluntary petitions for reorganization under Chapter 11 (Bankr. D.
Del. Lead Case No. 16-11501) on June 17, 2016.  The Debtors will
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.


METRO NEWSPAPER: Creditors Panel Hires Lowenstein as Counsel
------------------------------------------------------------
The Official Committee of Unsecured Creditors of Metro Newspaper
Advertising Services, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Southern District of New York to retain
Lowenstein Sandler LLP, as counsel to the Committee.

The Committee requires Lowenstein Sandler to:

   (a) advise the Committee with respect to its rights, duties,
       and powers in the Chapter 11 Case;

   (b) assist and advise the Committee in its consultations with
       the Debtor relative to the administration of the Chapter
       11 Case;

   (c) assist the Committee in analyzing the claims of the
       Debtor's creditors and the Debtor's capital structure and
       in negotiating with holders of claims and equity interests
       and any proposed financing that may be proposed in the
       bankruptcy case;

   (d) assist the Committee in its investigation of the acts,
       conduct, assets, liabilities, and financial condition of
       the Debtor and of the operation of the Debtor's business;

   (e) assist the Committee in its investigation of the liens and
       claims of the holders of the Debtor's pre-petition debt
       and the prosecution of any claims or causes of action
       revealed by such investigation;

   (f) assist the Committee in its analysis of, and negotiations
       with, the Debtor or any third party concerning matters
       related to, among other things, financing and use of cash
       collateral, the assumption or rejection of certain leases
       of nonresidential real property and executory contracts,
       asset dispositions, sale of assets, financing of other
       transactions and the terms of one or more plans of
       reorganization for the Debtor and accompanying disclosure
       statements and related plan documents;

   (g) assist and advise the Committee as to its communications
       to unsecured creditors regarding significant matters in
       the Chapter 11 Case;

   (h) represent the Committee at hearings and other proceedings;

   (i) review and analyze applications, orders, statements of
       operations, and schedules filed with the Court and advise
       the Committee as to their propriety;

   (j) assist the Committee in preparing pleadings and
       applications as may be necessary in furtherance of the
       Committee's interests and objectives in the Chapter 11
       Case, including without limitation, the preparation of
       retention papers and fee applications for the Committee's
       professionals, including Lowenstein Sandler;

   (k) prepare, on behalf of the Committee, any pleadings,
       including without limitation, motions, memoranda,
       complaints, adversary complaints, objections, or comments
       in connection with any of the foregoing; and

   (l) perform such other legal services as may be required or
       are otherwise deemed to be in the interests of the
       Committee in accordance with the Committee's powers and
       duties as set forth in the Bankruptcy Code, Bankruptcy
       Rules, or other applicable law.

Lowenstein Sandler will be paid at these hourly rates:

     Partners                         $575-$1,150
     Senior Counsel/Counsel           $405-$700
     Associates                       $300-$575
     Paralegals/Assistants            $115-$300

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

Mary E. Seymour, a partner of Lowenstein Sandler 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 (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.

Lowenstein Sandler can be reached at:

     Mary E. Seymour, Esq.
     LOWENSTEIN SANDLER LLP
     65 Livingston Avenue
     Roseland, NJ 07068
     Tel: (973) 597-2500
     Fax: (973) 597-2400

                   About Metro Newspaper
                 Advertising Services, Inc.

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 petition was signed by Phyllis Cavaliere,
chairman & CEO. In its petition, the Debtor estimated $1 million to
$10 million in assets and $10 million to $50 million in
liabilities.

The Hon. Robert D. Drain presides over the case.

Jonathan S. Pasternak, Esq., at DelBello Donnellan Weingarten Wise
& Wiederkehr, LLP, serves as bankruptcy counsel.


MICROSEMI CORP: S&P Lowers Sr. Secured Securities Rating to BB-
---------------------------------------------------------------
S&P Global Ratings lowered its ratings on Aliso Viejo, Calif.-based
semiconductor maker Microsemi Corp.'s senior secured instruments to
'BB-' from 'BB' and removed them from CreditWatch, where S&P placed
them with negative implications on May 11, 2017. The action follows
the company's announcement that it exited the early tender period
for its 9.125% unsecured notes with lenders tendering roughly $170
million of notes in face value for $200 million in purchase price.
At the same time, S&P revised its recovery rating on the secured
instruments to '3' from '2', which reflects S&P's expectation for
meaningful (50%-70%; rounded estimate: 65%) recovery in the event
of payment default.  S&P assumes that Microsemi will fund most of
the consideration for the transaction with a draw on its revolving
credit facility, which it will repay from cash flow in future
periods.  S&P's 'BB-' rating and positive outlook on the company
and S&P's 'B+' rating on its unsecured notes are unchanged.

The rating action reflects lower recovery expectations on the
secured debt in a default scenario because of a thinner layer of
unsecured debt to absorb first losses.  Despite the negative rating
action resulting from a higher estimated loss given default, S&P
thinks the transaction modestly lowers the probability of default
given the positive impact on cash flow of retiring high-coupon
debt.  The positive outlook reflects S&P's view that it could raise
the rating if cost reductions and continued debt repayment result
in leverage in the 3x area.  This metric was 3.5x at April 2, 2017,
and S&P believes Microsemi will continue allocating cash flow to
debt repayment until it reaches 3x.  If there are no further
changes to the capital structure, an upgrade of the company would
also result in raising the rating on the senior secured instruments
back to 'BB'.

RATINGS LIST

Microsemi Corp.
Corporate Credit Rating        BB-/Positive

Ratings Lowered/CreditWatch Action
Microsemi Corp.
                               To                 From
Senior Secured                BB-                BB/WatchNeg
  Recovery Rating              3(65%)             2(70%)


NECHE LLC: Hires Christine A. Roberts as Counsel
------------------------------------------------
NECHE, LLC, seeks authority from the U.S. Bankruptcy Court for the
District of Nevada to employ The Law Offices of Christine A.
Roberts PLLC, as counsel to the Debtor.

NECHE, LLC requires Christine A. Roberts to:

   a. prepare on behalf of the Debtor and debtor-in-possession,
      all necessary or appropriate motions, applications, orders,
      answers, reports and other papers in connection with the
      administration of the Debtor's estate;

   b. take necessary and appropriate actions in connection with a
      plan of reorganization and related disclosures statement
      and all related documents and such further actions as may
      be required actions in connection with the administration
      of the case;

   c. take any and all necessary actions to protect and preserve
      the estate of the Debtor, including the prosecution of
      actions on the Debtor's behalf, the defense of any actions
      against the Debtor, the negotiations of disputes in which
      the Debtor is involved and objections to claims filed
      against the Debtor's estate; and

   d. perform all other necessary legal services in connection
      with the Chapter 11 case.

Christine A. Roberts will be paid at these hourly rates:

     Attorney                   $350
     Paralegal                  $50

Christine A. Roberts will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Christine A. Roberts, member of The Law Offices of Christine A.
Roberts PLLC, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estates.

Christine A. Roberts can be reached at:

     Christine A. Roberts, Esq.
     THE LAW OFFICES OF CHRISTINE A. ROBERTS PLLC
     3815 S. Jones Blvd. Suite 5
     Las Vegas, NV 89103
     Tel: (702) 728-5258
     E-mail: Christine@crobertslaw.net

                   About NECHE, LLC

NECHE LLC, filed a Chapter 11 bankruptcy petition (Bankr. D. Nev.
Case No. 17-12374) on May 4, 2017, disclosing under $1 million in
both assets and liabilities. The Debtor is represented by Christine
A. Roberts, Esq., at The Law Offices of Christine A. Roberts PLLC.


NEPHROGENEX INC: Reorganization Plan Declared Effective on May 24
-----------------------------------------------------------------
NephroGenex Inc.'s Plan of Reorganization has been declared
effective in accordance with its terms, as set forth in Article VII
of the Plan, on May 24, 2017, at 11:59 p.m.  Accordingly, the Plan
has been substantially consummated.

Judge Kevin Gross confirmed the Plan on May 10, 2017.  Under the
Plan, the administrative claims of $0.2 million, professional fee
claims and priority tax claims will be paid in full in cash.
Miscellaneous secured claims will be paid in full in cash.  The
general unsecured claims will be paid $50.4 million in cash in full
satisfaction.  Medpace claims of $4.31 million will be paid through
issuance of new equity.  Subordinated claims will be cancelled and
no distribution will be paid.

All final requests for payment of Profeesional Fee Claims must be
filed no later than June 23, 2017.

Requests for payment of Administrative Claims arising after the
Petition Date, other than 503(b)(9) Claims and Professional Fee
Claims, must be filed with the Court and served on the Reorganized
Debtor and the Liquidating Trust no later than the Administrative
Claims Bar Date, June 23, 2017.

                      About NephroGenex, Inc.

Raleigh, N.C.-based NephroGenex, Inc., is a drug development
company that focuses on developing novel therapies for kidney
disease.  It develops Pyridorin (pyridoxamine dihydrochoride), a
therapeutic agent, which is in Phase III clinical study for the
treatment of diabetic nephropathy.

NephroGenex filed for Chapter 11 bankruptcy protection (Bankr. D.
Del. Case No. 16-11074) on April 30, 2016, disclosing $4.9 million
in total assets and $6.2 million in total debt as of April 30,
2016.  The petition was signed by John P. Hamill, chief executive
officer and chief financial officer.

David R. Hurst, Esq., at Cole Scotz P.C., serves as the Debtor's
bankruptcy counsel.  Cassel Salpeter & Co. LLC is the Debtor's
investment banker and financial advisor.  Kurtzman Carson
Consultants LLC is the Debtor's claims and noticing agent.

To date, no Creditors' Committee has been appointed by the Office
of the U.S. Trustee.  No trustee or examiner has been appointed in
the Debtor's Chapter 11 case.


NEW ATRIUM: Trustee Taps Maxwell Law Group as Legal Counsel
-----------------------------------------------------------
The Chapter 11 trustee for New Atrium, LLC seeks approval from the
U.S. Bankruptcy Court for the Northern District of Illinois to hire
legal counsel.

Joseph Baldi, the court-appointed trustee, proposes to hire Maxwell
Law Group to, among other things, assist in the investigation of
the Debtor's financial affairs, and assist in liquidating the
assets of its bankruptcy estate.

The hourly rates charged by the firm are:

     Partner                     $450
     Senior Counsel              $400
     Associate Attorney   $225 - $300
     Paralegal            $100 - $160

Andrew Maxwell, Esq., disclosed in a court filing that he and his
firm are "disinterested persons" as defined in section 101(14) of
the Bankruptcy Code.

The firm can be reached through:

     Andrew J. Maxwell, Esq.
     Maxwell Law Group, LLC
     20 North Clark St, Suite 200
     Chicago, IL 60602
     Phone: 312-368-1138

                       About New Atrium LLC

New Atrium LLC, which is based in Wilmington, Delaware, has a
single-asset real estate holding.

On February 16, 2017, three creditors filed an involuntary Chapter
11 petition against the Debtor (Bankr. N.D. Ill. Case No.
17-04567).  The petitioning creditors are Hanna Architects Inc.,
Hussain White and Pamela Ross.  They are represented by Keevan D.
Morgan, Esq., at Morgan & Bley, Ltd.

An order for relief was entered on March 28, 2017.  Judge Janet S.
Baer presides over the case.  The Debtor hired Minchella &
Associates, Ltd. as legal counsel.

On April 10, 2017, the Debtor filed a Chapter 11 plan of
reorganization that proposes to pay unsecured creditors 100% of
their claims.

On April 25, 2017, Joseph A Baldi was appointed Chapter 11 trustee.


NEW YORK INTERNET: Cleareon Buying All Assets for $400K
-------------------------------------------------------
Judge Sean H. Lane of the U.S. Bankruptcy Court for the Southern
District of New York will convene a hearing on June 13, 2017, at
10:00 a.m. (PET) to consider The New York Internet Co., Inc.'s
private sale to Cleareon Fiber Networks, LLC, or its designee, of
(i) its designation rights in its unexpired nonresidential real
property lease for the premises located at 100 William Street,
Suites 318, 801 and 2100, New York, New York ("NYC Facility") and
its Customer Service Agreements; and (ii) substantially all assets
for $400,000 in the form of a credit bid of Cleareon's secured
claim acquired in the HSBC Purchase.

Objections, if any, must be filed no later than June 6, 2017, at
5:00 p.m. (PET).

NYI-NJ, LLC, is a wholly independent and separate New Jersey-based
non-debtor affiliate of the Debtor.  NYI-NJ provides the same
services as the Debtor, but to customers located in New Jersey and
outside of the New York City area.

The Debtor, NYI-NJ, Phillip Koblence and his brother Erik Koblence
("Affiliated Parties") are parties to a Loan and Security Agreement
with HSBC Bank USA, National Association, dated as of January 2015,
whereby the Debtor and NYI-NJ obtained a secured loan in the
principal amount of $450,000 secured by all assets of the
Affiliated Parties.  As of the Petition Date, the balance owed
under the HSBC Loan Agreement was approximately $275,987.

The Affiliated Parties are also parties to a Revolving Credit
Agreement with HSBC, dated as of January 2015, whereby the
Affiliated Parties obtained a $550,000 revolving line of credit
secured by all assets of the Affiliated Parties.  As of the
Petition Date, the balance owed under the HSBC Revolving Credit
Agreement was approximately $500,000.

On Dec. 14, 2006, the Debtor entered into the Original Lease for
non-residential real property located at 100 William Street, Suite
318 ("3rd Floor Premises"), with MFA 100 William L.L.C., a Delaware
limited liability company.

On Nov. 6, 2009, the Debtor entered into a second lease agreement
with MFA 100 whereby the Debtor agreed to lease Suite 801 ("8th
Floor Premises") at 100 William Street ("8th Floor Lease").  On May
31, 2012, the Debtor and MFA 100 agreed to amend the 8th Floor
Lease whereby upon the expiration of the Original Lease, and in
order for the lease for the 3rd Floor Premises to be co-terminus
with the 8th Floor Premises, new lease terms for the 3rd Floor
Premises were incorporated into the 8th Floor Lease ("First Amended
Lease").

On Oct. 31, 2013, the Debtor and MFA 100 agreed to amend the First
Amended Lease and incorporated the Debtor's leasing of Suite 2100
into the same.

In January 2014, John Hancock Life & Health Insurance Co. and John
Hancock Life Insurance Co. of New York ("Landlord") purchased the
NYC Facility and became the successor in interest to MFA 100 under
the NYC Facility Lease.  The Debtor has been involved in
discussions with the Landlord in an effort to settle a pending
lawsuit alleging certain arrearages and to negotiate an acceptable
lease arrangement, but to date such discussions have been
unsuccessful and have recently stalled.

The Debtor solicited, and engaged in discussions with, multiple
parties both before and after the Petition Date in an effort to
refinance its existing obligations under the HSBC Loan Agreements
and/or to sell all or substantially all of its assets.  Ultimately
an agreement in principal was reached for the acquisition of NYI-NJ
by the Buyer.  The Debtor's representatives have been involved in
negotiations with representatives of the Buyer with respect to the
NYI-NJ acquisition for the past few months.  That transaction is
currently pending but is well underway and is expected to close on
June 30, 2017.

In connection with Cleareon's purchase of NYI-NJ, Cleareon
additionally intends to acquire the Debtor's obligations to HSBC
under the HSBC Loan Agreements and HSBC's liens and secured claims
in the bankruptcy case ("HSBC Purchase").  Based on Cleareon's
discussions with HSBC, it appears that such purchase is underway
and can close promptly.

The Term Sheet provides for Cleareon to purchase substantially all
of the Debtor's assets, including, but not limited to, all accounts
receivable, transferable licenses, machinery and equipment, designs
and research data, warranties and guaranties, customer lists and
data, insurance claims, telephone and facsimile numbers, the
Debtor's names and any derivatives thereof, books and records, and
intellectual property free and clear of all liens, claims and
encumbrances.  Excluded from the sale is the Debtor's cash on hand,
which will be retained by the Debtor for operations pending the
closing of the sale.

The Term Sheet additionally provides for Cleareon to purchase the
Debtor's Designation Rights.  As a result of the sale of the
Designation Rights, the Buyer will have the right to assume,
reject, or assume and assign the NYC Facility Lease and the
Customer Service Agreements, in each case subject to Court approval
and compliance with the requirements of Section 365 of the
Bankruptcy Code, including "adequate assurance of future
performance."

In exchange for the Designation Rights, upon the Court's approval
of the Motion, the Buyer will pay the estate $50,000 to cover any
shortfall in the Debtor's ordinary operating expenses and for
payment of administrative expenses.  Substantially simultaneously
with the filing of the Motion, the Buyer has provided or will
provide the Debtor with a good faith deposit in the amount of
$40,000, which may be used to fund in part the Designation Rights
Consideration.

In exchange for all other Property acquired in the sale, on the
Closing Date, the Buyer will pay the estate $400,000, which may be,
in whole or in part, in the form of a credit bid of Cleareon's
secured claim acquired in the HSBC Purchase.

The Term Sheet provides that the sale is contingent upon the
parties' execution of a definitive agreement in respect of the
sale, closing of Cleareon's acquisition of NYI-NJ, closing of the
HSBC Purchase, the Buyer's completion of due diligence – provided
that the due diligence condition will be deemed waived if not
satisfied on or before June 12, 2017 – and certain force majeure
events ("Buyer Conditions").  The NYI-NJ sale to Cleareon is not
contingent upon the proposed sale of the Debtor's Property.

A material inducement to the Buyer's willingness to enter into the
definitive documentation in respect of the sale is the condition
that Bankruptcy Rule 6004(h) is waived and there will be no stay of
execution of the Sale Order under Bankruptcy Rule 7062.  A copy of
the Term Sheet is available for free at:

   http://bankrupt.com/misc/New_York_Internet_48_Sales.pdf

If the Motion is approved by the Court, the closing of the sale
will take place on the date on which each of the Buyer Conditions
is waived or satisfied, provided that the Closing Date will occur
no earlier than the date on which the NYC Facility Lease has been
rejected or assumed by the Purchaser.

The Buyer's offer represents the best and only available
opportunity for the Debtor to maximize the value of its assets and
provide for continued service to its customer base.  The Buyer has
a strong presence in New York City and the tri-state area and is
the only interested party that has the resources to acquire the
Debtor's assets and serve the Debtor's existing customers whether
or not a mutually acceptable arrangement can be reached with the
Landlord for the assumption of the NYC Facility Lease.

The Debtor is not actively seeking higher or better offers because
the Debtor conducted extensive marketing and financing efforts both
before and after the Petition Date, and no party other than the
Purchaser has come forward with an offer for the purchase of the
Property.  The Buyer already has the space necessary to continue
the Debtor's services to its customers in the New York City area
and is willing to purchase the Property regardless of whether an
agreement is ultimately reached with the Landlord.  Based on the
marketing efforts already conducted, the Debtor does not believe
that further marketing could increase the consideration that any
party is willing to pay for its Property above the consideration
offered by the Buyer.

The Debtor believes that it is in the best interests of all of the
Debtor's creditors and customers that the Debtor proceeds
expeditiously with the sale of the Property, including the
Designation Rights, to the Purchaser in order to preserve value and
business with its customers.  The proposed sale is the highest and
best offer for the Property and will maximize value for all
creditors of the Debtor's estate.  Accordingly, the Debtor asks the
Court to approve the relief sought.

               About The New York Internet

The New York Internet Co., Inc., based in New York, NY, filed a
Chapter 11 petition (Bankr. S.D.N.Y. Case No. 17-10326) on Feb. 14,
2017.  Phillip Koblence, vice president and chief operating
officer, signed the petition.  The Debtor estimated $1 million to
$10 million in both assets and liabilities.

The case is assigned to Judge Sean H. Lane.

The Debtor has engaged Tracy L. Klestadt, Esq., at Klestadt Winters
Jureller Southard & Stevens, LLP, to serve as bankruptcy counsel;
Charles E. Boulbol, Esq. at Charles E. Boulbol, P.C. as special
litigation counsel, and Poillucci & Kahan P.C. as accountant.

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


NORTHERN BERKSHIRE: Payouts Done; Nonprofit Gets $1.07M Endowment
-----------------------------------------------------------------
Three years after it shut the North Adams Regional Hospital and
filed for Chapter 7 bankruptcy, Northern Berkshire Healthcare,
Inc.'s bankruptcy case is coming to a close, Larry Parnass, writing
for the Berkshire Eagle, reports.

According to the Berkshire Eagle report, Harold Murphy of Murphy &
King, the trustee overseeing the bankruptcy of Northern Berkshire
Healthcare, was able to recover $12,117,774, which included
$4,0288,447 paid for the property at the former North Adams
Hospital.

As of March 10, 2017, the Trustee has already made interim
distributions $7,350,683.

According to the Trustee's final report, payments to creditors
are/were as follows:

   * $2,729,883.15 in administrative expenses, including the
trustee's own fees, which come to $357,552.  Additional payments
for fees and expenses to Murphy's law firm total $1,348,427.

   * Secured creditor Adams Community Bank was paid the entire
amount of its claims.

   * Wells Fargo Bank received $6,450,000 on account of its
$33,929,994 claim, for a 19 percent recovery.

   * Priority claims from creditors totaling $1,103,400 are to be
paid in full.

   * The Pension Benefit Guaranty Corp. received $87,856 of a claim
of $593,821, recovering less than 15 percent.

   * 89 unsecured creditors won't receive anything.  These include
One199SEIU Health Care Employees Pension Fund, which has asserted a
claim of $11,145,276.

According to Berkshire Eagle, the turnover of restricted funds --
i.e. $1,072,059 received by the hospital from donations over many
decades brings closure to the case.

By law, those restricted gifts, bequests and donations could not be
awarded to the hospital's creditors.  

Attorney General Maura Healey upheld the trustee's recommendation
to turn over the more than $1 million in restricted funds to
Berkshire Health Systems Inc. of Pittsfield.  The Pittsfield
nonprofit stands to receive $1,135,286, including restricted funds
from the endowment of Visiting Nurse Association & Hospice of
debtor-affiliate Northern Berkshire Inc.

                About Northern Berkshire Healthcare

Northern Berkshire Healthcare, Inc., a non-profit healthcare, owned
and operated the North Adams Regional Hospital, in northern
Berkshire County, Massachusetts.

In June 2011, NBH filed for Chapter 11 bankruptcy (Bankr. D. Mass.
Case No. 11-31114) to seek a restructuring of its overleveraged
balance sheet.  It emerged from bankruptcy in June 2012.

Citing a worsening financial status since its Chapter 11 exit, on
March 28, 2014, the Company shut the North Adams Regional Hospital
and on April 3, 2014, it filed for Chapter 7 bankruptcy
liquidation.

Judge Henry J. Boroff presided over the Chapter 11 cases.  He also
oversees the Chapter 7 case.

Harold Murphy of Murphy & King was named as the trustee overseeing
the Chapter 7 case.


OLIVE BRANCH: Plan Outline Okayed, Plan Hearing on July 12
----------------------------------------------------------
Olive Branch Real Estate Development LLC is now a step closer to
emerging from Chapter 11 protection after a bankruptcy judge
approved the outline of its plan of reorganization.

Judge Bruce Harwood of the U.S. Bankruptcy Court for the District
of New Hampshire on May 16 gave the thumbs-up to the disclosure
statement after finding that it contains "adequate information."

The order set a July 5 deadline for creditors to file their
objections and cast their votes accepting or rejecting the proposed
plan.

A court hearing to consider confirmation of the plan is scheduled
for July 12, at 2:00 p.m.  The hearing will take place at Courtroom
1, 11th Floor, 1000 Elm Street, Manchester, New Hampshire.

           About Olive Branch Real Estate Development

Olive Branch Real Estate Development, LLC, is a real estate
development company with a principal address of 832 Route 3, Unit
#1, Holderness, New Hampshire.  It is owned and operated by Gerard
M. Healey.  The business has been in operation since 2011.

The Debtor filed a Chapter 11 petition (Bankr. D.N.H. Case No.
16-11444) on Oct. 13, 2016.  The petition was signed by Gerard M.
Healey, managing member.  At the time of filing, the Debtor
estimated assets of less than $50,000 and estimated liabilities of
less than $500,000.

The Debtor is represented by S. William Dahar II, Esq., at Victor
W. Dahar, P.A.  

On March 30, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.


ON-CALL STAFFING: Plan Filing Deadline Extended Through July 25
---------------------------------------------------------------
Judge Jason D. Woodard the U.S. Bankruptcy Court for the Northern
District of Mississippi extended On-Call Staffing, Inc.'s deadlines
to file a Chapter 11 Plan and Disclosure Statement and to confirm
the Debtor's Plan, up to and including July 25, 2017 and September
23, 2017, respectively.

The Troubled Company Reporter has previously reported that the
Debtor requested exclusivity extension as it was still unable to
finalize its proposed Plan within the initial statutory exclusivity
period, which was slated to expire on April 26, 2017, due to the
ongoing settlement negotiations regarding the litigation in the
District Court.

                      About On-Call Staffing

On-Call Staffing, Inc., filed a Chapter 11 petition (Bankr. N.D.
Miss. Case No. 16-13823) on Oct. 28, 2016.  The Debtor is
represented by J. Walter Newman, IV, Esq., at Newman & Newman.  The
petition was signed by its President, Lee Garner III.  At the time
of the filing, the Debtor estimated assets at $100,000 to $500,000
and liabilities at $500,000 to $1 million.


OPTIMA SPECIALTY: Plan Outline Approved, June 29 Conf. Hrg. Set
---------------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court issued
an order approving Optima Specialty Steel's Disclosure Statement
and scheduled a June 29, 2017 hearing to consider the First Amended
Joint Chapter 11 Plan, with objections due by June 22, 2017.  As
previously reported, "Specifically, Optima Acquisitions LLC, a
Delaware limited liability company ('OA' or the 'Plan Sponsor'),
which is the sole 100% common stock shareholder of Debtor Optima
and is the Plan Sponsor, will fund the Plan with the Plan Sponsor
Contribution, a $200 million cash equity contribution to
Reorganized Optima as a contribution in respect of the Plan
Sponsor's outstanding and Unimpaired Existing Optima Common Stock.
Under the Plan, the Debtors will raise an additional approximately
$105 million exit financing term loan and an exit financing
revolver of approximately $35 million, commitments for which will
be obtained from one or more third parties.  The $200 million Plan
Sponsor Contribution and the approximately $140 million of exit
financing will fund the implementation of the Plan's provisions
providing for unimpaired treatment to all creditors and leave OA
(as sole shareholder) unimpaired. In return for the $200 million
Plan Sponsor Contribution, OA will retain its existing 100% equity
interest in Optima."

                  About Optima Specialty Steel

Optima Specialty Steel, Inc., and its affiliates filed separate
Chapter 11 bankruptcy petitions on Dec. 15, 2016: Optima Specialty
Steel, Inc. (Bankr. D. Del. 16-12789); Niagara LaSalle Corporation
(Bankr. D. Del. 16-12790); The Corey Steel Company (Bankr. D. Del.
16-12791); KES Acquisition Company (Bankr. D. Del. 16-12792); and
Michigan Seamless Tube LLC (Bankr. D. Del. 16-12793).  The
petitions were signed by Mordechai Korf, chief executive officer.
At the time of filing, the Debtor had assets and liabilities
estimated at $100 million to $500 million each.

Optima Specialty Steel and its affiliates are independent
manufacturers of specialty steel products.  Their manufacturing
facilities are located in the United States, and each of the
companies' operating units have operated in the steel industry for
more than 50 years.  At the time of the bankruptcy filing, the
Debtors collectively employ more than 900 people.

The Debtors engaged Greenberg Traurig, LLP, in Wilmington, DE,
as counsel.  The Debtors tapped Ernst & Young LLP as their
accountant.

No request has been made for the appointment of a trustee or
examiner.

On Jan. 4, 2017, the U.S. Trustee for Region 3 appointed an
official committee of unsecured creditors.  The committee hired
Squire Patton Boggs (US) LLP as its lead counsel and Whiteford,
Taylor & Preston LLC as its local Delaware counsel.


OPTIMA SPECIALTY: Workers Union Object to Disclosure Statement
--------------------------------------------------------------
BankruptcyData.com reported that Progressive Steel Workers of
Hammond (PSWH) filed with the U.S. Bankruptcy Court an objection to
Optima Specialty Steel's Disclosure Statement. The objection
asserts, "PSWH objects to the Motion on the basis that the
Disclosure Statement fails to provide adequate information to
permit interested parties to assess and vote upon the Plan.
Specifically, the Disclosure Statement fails to provide adequate
information regarding the Debtors' proposed treatment of the
Niagara LaSalle Corporation & LaSalle Steel Company Pension Plan,
Amended and Restated Effective November 1, 2015 (the 'Niagara
LaSalle Pension Plan'). While information contained in the Plan
Supplement to the Debtors' Plan of Reorganization (Docket No. 747)
('Plan Supplement') appears to reflect the Reorganized Debtors'
intended assumption of the Niagara LaSalle Pension Plan and
continued performance of the Debtors' obligations thereunder,
ambiguities in the Disclosure Statement (and the Plan) make that
unclear and thus inhibit PSWH's ability to make an informed
decision on the Plan."

                   About Optima Specialty Steel

Optima Specialty Steel, Inc., and its affiliates filed separate
Chapter 11 bankruptcy petitions on Dec. 15, 2016: Optima Specialty
Steel, Inc. (Bankr. D. Del. 16-12789); Niagara LaSalle Corporation
(Bankr. D. Del. 16-12790); The Corey Steel Company (Bankr. D. Del.
16-12791); KES Acquisition Company (Bankr. D. Del. 16-12792); and
Michigan Seamless Tube LLC (Bankr. D. Del. 16-12793).  The
petitions were signed by Mordechai Korf, chief executive officer.
At the time of filing, the Debtor had assets and liabilities
estimated at $100 million to $500 million each.

Optima Specialty Steel and its affiliates are independent
manufacturers of specialty steel products.  Their manufacturing
facilities are located in the United States, and each of the
companies' operating units have operated in the steel industry for
more than 50 years.  At the time of the bankruptcy filing, the
Debtors collectively employ more than 900 people.

The Debtors engaged Greenberg Traurig, LLP, in Wilmington, DE,
as counsel.  The Debtors tapped Ernst & Young LLP as their
accountant.

No request has been made for the appointment of a trustee or
examiner.

On Jan. 4, 2017, the U.S. Trustee for Region 3 appointed an
official committee of unsecured creditors.  The committee hired
Squire Patton Boggs (US) LLP as its lead counsel and Whiteford,
Taylor & Preston LLC as its local Delaware counsel.


ORANGE ACRES: Wants Authorization on Cash Collateral Use
--------------------------------------------------------
Orange Acres Ranch Homeowners Association, Inc., asks the U.S.
Bankruptcy Court for the Middle District of Florida for interim and
final authorization on the use of cash collateral.

The Debtor believes that Branch Banking and Trust Company may
assert valid and perfected security interests in certain items of
cash collateral held by the Debtor. The Debtor owed BB&T an
approximate principal balance of $1,443,000, as of the Petition
Date, which indebtedness is secured by mortgages on and security
interests in real and personal property owned by the Debtor.

The Debtor proposes to grant replacement liens on all cash
collateral acquired by the Debtor or the estate on or after the
Petition Date to the same extent, validity, and priority held as of
the Petition Date.

The Debtor requires the immediate use of cash collateral to fund
operating expenses necessary to continue the operation of its
business, to maximize the return on its assets, and to otherwise
avoid irreparable harm and injury to its business and its estate,
as well as to pay for the costs of administration of its Chapter 11
case.

The proposed cash collateral budget provides total expenses of
approximately $49,800 for the week ending May 26, 2017; $9,550 for
the week ending June 2, 2017; and $8,135 for the week ending June
9, 2017. The Debtor intends to use cash collateral in accordance
with the Budget, for purposes which include:

     (a) care, maintenance, and preservation of the Debtor's
assets;

     (b) payment of necessary payroll, suppliers, utilities, and
other business expenses;

     (c) other payments necessary to sustain continued business
operations;

     (d) costs of administration in these Chapter 11 case; and

     (e) paying remaining balance on roof and swimming pool
repairs.

The Debtor contends that there is insufficient time for a final
evidentiary hearing to be held before the Debtor must use cash
collateral. As such, the Debtor requires the immediate use of cash
collateral, elses there will be direct and immediate harm to the
continuing operation of the Debtor's business as services to the
residents will be interrupted.

A full-text copy of the Debtor's Motion, dated May 23, 2017, is
available at https://is.gd/mun3nK

Branch Banking &Trust Co. can be reached through:

          c/o CT Corporation System
          1200 S. Pine Island Road
          Plantation, FL 33324

                  About Orange Acres Ranch Homeowners

Orange Acres Ranch Homeowners Association, Inc., is listed as a
Florida Not For Profit Corporation,  which owns and operates a
mobile home park known as Orange Acres Ranch.  The Park consists of
210 lots, including 73 unimproved lots. The Park’s amenities
include a clubhouse and swimming pool.

Orange Acres Ranch Homeowners Association filed a Chapter 11
petition (Bankr. M.D. Fla. Case No. 17-04326) on May 18, 2017.  The
petition was signed by Brent Geary, president.  At the time of
filing, the Debtor estimated assets and liabilities of $1 million
to $10 million.  The case is assigned to Judge Michael G.
Williamson.  The Debtor is represented by Scott A. Stichter, Esq.,
at Stichter Riedel Blain & Postler, P.A.


ORANGE SANITATION: Taps Familetti Law Firm as Legal Counsel
-----------------------------------------------------------
Big Orange Sanitation Services, Inc. seeks approval from the U.S.
Bankruptcy Court for the Northern District of Georgia to hire legal
counsel in connection with its Chapter 11 case.

The Debtor proposes to hire the Familetti Law Firm to, among other
things, give legal advice regarding its duties under the Bankruptcy
Code, and assist in the preparation of a bankruptcy plan.

The Debtor has agreed to pay the firm an hourly fee of $235 and an
overall fee of $15,000.  Familetti received a retainer of $2,500 on
May 12, which was deposited into a trust, and $883 for
pre-bankruptcy legal work completed for the Debtor.

Michael Familetti, Esq., disclosed in a court filing that he does
not represent any interest adverse to the Debtor.

The firm can be reached through:

     Michael C. Familetti, Esq.
     Familetti Law Firm
     142 S. Park Square
     Marietta, GA 30060
     Tel: (770) 794-8005
     Email: lexres@bellsouth.net
     Email: familettilaw@gmail.com

              About Big Orange Sanitation Services

Big Orange Sanitation Services, Inc. is a waste management and
recycling company based in Marietta, Georgia.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Ga. Case No. 17-58598) on May 12, 2017.  Amy
Yarber, chief executive officer, signed the petition.  

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

No official creditors' committee has been appointed.


PAYLESS HOLDINGS: Claims Bar Date Set for June 19
-------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Missouri set
June 19, 2017, at 11:59 p.m. Central Time, as general deadline for
entities to file proofs of claim against Payless Holdings LLC and
its debtor-affiliates.

The Court also set Oct. 2, 2017, at 11:59 p.m. Central Time as the
last day for governmental units to file their claims against the
Debtors.

All proofs of claim must be sent either:

    a) through the CM/ECF system on the Court's website at
https://www.ecf.moeb.uscourts.gov/cgibin/login;

    b) electronically using the Electronic Proof of Claim (ePOC)
Program on the Court’s web site at
http://www.moeb.uscourts.gov/epoc.htm;

    c) by first-class mail or overnight courier to:

       Clerk of the Bankruptcy Court, Eastern District of Missouri
       111 S. 10th St., 4th Floor
       St. Louis, MO 63102; or

   d) by first-class mail, overnight courier, or hand-delivery to:

      Payless Holdings LLC Claims Processing Center
      c/o Prime Clerk LLC
      830 3rd Avenue, 3rd Floor
      New York, NY 10022

                    About Payless Holdings

Payless -- http://www.payless.com/-- was founded in 1956 as an  
everyday footwear retailer.  It has more than 4,000 stores in more
than 30 countries, and employs approximately 22,000 people.  It is
headquartered in Topeka, Kansas, but its operations span across
Asia, the Middle East, Latin America, Europe, and the United
States.

Payless first traded publicly in 1962, and was taken private in May
2012.  Payless Holdings, LLC currently owns, directly or
indirectly, each of its 91 subsidiaries.

Payless Holdings LLC (Bankr. E.D. Mo. Lead Case No. 17-42267) and
its subsidiaries sought protection under Chapter 11 of the
Bankruptcy Code on April 4, 2017.  The petitions were signed by
Paul J. Jones, chief executive officer.   

At the time of the filing, the Debtors estimated their assets at
$500 million to $1 billion and liabilities at $1 billion to $10
billion.   

The Debtors hired Alvarez & Marsal North America LLC as
restructuring advisor; Prime Clerk LLC as claims, balloting and
administrative agent; and Osler, Hoskin & Harcourt LLP as CCAA
counsel.

On April 14, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.

On April 25, 2017, the Debtors filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.  The
Debtors' plan, if confirmed and implemented, would reduce their
debt to $469 million.


PERFORMANCE SPORTS: Wants Plan Filing Period Moved to Aug. 28
-------------------------------------------------------------
Performance Sports Group Ltd., and BPS US Holdings Inc. -- which
changed their names to Old PSG Wind-down Ltd., and Old BPSUSH Inc.,
respectively, following the bankruptcy sale of their assets -- and
their debtor-affiliates request the U.S. Bankruptcy Court for the
District of Delaware to further extend the exclusive periods for
the filing of a chapter 11 plan and solicitation of acceptances of
a plan, through and including August 28, 2017 and October 25, 2017,
respectively.

The Debtors assert that the primary focus of these bankruptcy cases
and the Canadian Proceedings has been to facilitate an orderly sale
of substantially all of the Debtors' assets as a going concern
following a fair and robust sale process.

The Debtors relate that since the Petition Date, the Debtors and
their professionals have focused a substantial amount of time,
energy and resources on smoothly transitioning into chapter 11 and
conducting a successful Sale process.  In addition, the Debtors and
their professionals also focused substantial time and resources on
conducting a robust Sale process and, ultimately, closing the
Court-approved Sale to 9938982 Canada Inc.

The Debtors are no longer conducting any business operations other
than the winding down of their estates, including through the
reconciliation of claims against the estates and the formulation
and prosecution of a chapter 11 plan or plans or other schemes for
the distribution of the proceeds generated by the Sale.

Since the closing of the Sale, the Debtors have focused their
efforts on ensuring the efficient wind-down of their estates,
including by the rejection of certain burdensome executory
contracts and unexpired leases, the establishment of the Employee
Claims Bar Date, and through the on-going review and analysis of
claims against their estates for purposes of formulating an optimal
chapter 11 plan or plans.

In coordination with the Equity Committee, the Debtors continue to
assess the value of the Debtors' remaining assets and significant
work has been undertaken by the Debtors' advisors to analyze
certain unliquidated claims filed against the estates and assess
the appropriate means for achieving an adjudication or resolution
of such claims.

In addition, the Debtors' restructuring advisors, Alvarez and
Marsal North America, LLC have been reviewing the Debtors'
schedules of assets and liabilities (including intercompany claims)
and the substantial number of proofs of claim filed in these
Chapter 11  Cases and reconciling those claims against the payments
made by 9938982 Canada Inc. As a result of these efforts, on May
15, 2017, the Debtors filed their Notice (First) of Claims
Previously Satisfied, listing approximately 983 filed or scheduled
claims against the Debtors that have been satisfied in full after
the Petition Date.

Moreover, the Debtors are continuing to reconcile additional
payments made by 9938982 Canada Inc. and expect to be able to file
one or more additional notices of satisfaction. Taken together,
these claims satisfactions represent considerable progress in
administering these Chapter 11 Cases.

A hearing on the Debtors' motion will be held on June 14, 2017 at
11:00 a.m.  Objections are due June 7.

                  About Performance Sports

Exeter, N.H.-based Performance Sports Group Ltd. (NYSE: PSG) (TSX:
PSG) -- http://www.PerformanceSportsGroup.com/-- is a developer
and manufacturer of ice hockey, roller hockey, lacrosse, baseball
and softball sports equipment, as well as related apparel and
soccer apparel. Its products are marketed under the BAUER, MISSION,
MAVERIK, CASCADE, INARIA, COMBAT and EASTON brand names and are
distributed by sales representatives and independent distributors
throughout the world. In addition, the Company distributes its
hockey products through its Burlington, Massachusetts and
Bloomington, Minnesota Own The Moment Hockey Experience retail
stores.

On Oct. 31, 2016, Performance Sports Group Ltd. and certain of its
affiliates have filed voluntary petitions under Chapter 11 of the
Bankruptcy Code in the District of Delaware and commenced
proceedings under the Companies' Creditors Arrangement Act in the
Ontario Superior Court of Justice.

The U.S. Debtors are: BPS US Holdings Inc. n/k/a Old BPSUSH Inc.;
Bauer Hockey, Inc.; Easton Baseball/Softball Inc.; Bauer Hockey
Retail Inc.; Bauer Performance Sports Uniforms Inc.; Performance
Lacrosse Group Inc.; BPS Diamond Sports Inc.; and PSG Innovation
Inc.

The Canadian Debtors are: Performance Sports Group Ltd.; KBAU
Holdings Canada, Inc.; Bauer Hockey Retail Corp.; Easton
Baseball/Softball Corp.; PSG Innovation Corp. Bauer Hockey Corp.;
BPS Canada Intermediate Corp.; BPS Diamond Sports Corp.; Bauer
Performance Sports Uniforms Corp.; and Performance Lacrosse Group
Corp.

The Debtors have hired Paul, Weiss, Rifkind, Wharton & Garrison LLP
as counsel; Young Conaway Stargatt & Taylor, LLP as co-counsel;
Stikeman Elliott LLP as Canadian legal counsel; Centerview LLP as
investment banker to the special committee; Alvarez & Marsal North
America, LLC, as restructuring advisor; Joele Frank, Wilkinson,
Brimmer, Katcher as communications & relations advisor; KPMG LLP as
auditors; Ernst & Young LLP as CCAA monitor; and Prime Clerk LLC as
notice, claims, solicitation and balloting agent.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on Nov. 10
appointed three creditors of BPS US Holdings, Inc., parent of
Performance Sports, to serve on the official committee of unsecured
creditors. The Creditors' Committee retained by Blank Rome LLP as
counsel, Cassels Brock & Blackwell LLP as Canadian co-counsel, and
Province Inc. as financial advisor.

The U.S. Trustee appointed a committee of equity security holders.
The equity committee is represented by Natalie D. Ramsey, Esq., and
Mark A. Fink, Esq., at Montgomery, McCracken, Walker & Rhoads, LLP;
and Robert J. Stark, Esq., Steven B. Levine, Esq., James W. Stoll,
Esq., and Andrew M. Carty, Esq., at Brown Rudnick LLP.

                         *   *   *

As reported by the Troubled Company Reporter, effective as of
February 27, 2017, the Company consummated the sale of
substantially all of the assets of the Company and its North
American subsidiaries, including its European and global
operations, pursuant to an asset purchase agreement, dated as of
October 31, 2016, as amended, by and among the Sellers, 9938982
Canada Inc., an acquisition vehicle co-owned by affiliates of
Sagard Holdings Inc. and Fairfax Financial Holdings Limited, and
the designated purchasers party thereto, for a base purchase price
of US$575 million in aggregate, subject to certain adjustments, and
the assumption of related operating liabilities.

The transaction was the culmination of the process commenced by the
Sellers pursuant to creditor protection proceedings launched on
Oct. 31, 2016, in the Ontario Superior Court of Justice under the
Companies' Creditors Arrangement Act, and in the U.S. Bankruptcy
Court for the District of Delaware under Chapter 11 of the
Bankruptcy Code, as amended.

The Company conducted a court-supervised sale and auction process
as part of its Canadian and U.S. court proceedings. The bid made by
the Purchaser served as the "stalking horse" bid for purposes of
the process and was ultimately determined to be the successful bid
in accordance with the related court approved bidding procedures.

In accordance with, and pursuant to, the terms and conditions of
the Agreement, the Company has changed its name to "Old PSG
Wind-down Ltd." from "Performance Sports Group Ltd." effective as
of March 20, 2017.


PFO GLOBAL: Seeks Case Conversion into Chapter 7 Proceeding
-----------------------------------------------------------
BankruptcyData.com reported that PFO Global filed with the U.S.
Bankruptcy Court an emergency motion to convert its Chapter 11
reorganization cases to liquidation under Chapter 7.  The motion
explains, "The Debtors believe conversion and continuation of the
Bankruptcy Cases under Chapter 7 are in their best interests and
the best interests of their creditors.  In light of the lack of any
progress in the raising of the necessary funds for a reorganization
(or debtor in possession financing) by the UCC, the Unsecured
Creditors and the Debtors and the mounting expenses accrued by the
Debtors, their creditors, and other parties in interest, the
Debtors believe an orderly liquidation proceeding carried out
according to the provisions of Chapter 7 of the Bankruptcy Code
will minimize future expenses and provide for maximum distribution
to creditors.  Concurrently herewith, in the effort to minimize
further administrative expense, the Debtors have filed their Motion
for Authority to Reject Non-Residential Lease Agreement relating to
their leased premises.  The Debtors invoke their right under
Bankruptcy Code Section 1112(a) to convert the Bankruptcy Cases to
cases under Chapter 7 of the Bankruptcy Code."

                         About PFO Global

PFO Global, Inc., and each of its affiliates Pro Fit Optix Holding
Company, LLC, Pro Fit Optix, Inc., PFO Technologies, LLC, PFO
Optima, LLC, and PFO MCO, LLC, filed Chapter 11 petitions (Bankr.
N.D. Tex. Lead Case No. 17-30355) on Jan. 31, 2017.  The bankruptcy
cases are pending in the Dallas Division and are being jointly
administered under Case No. 17-30355.

Rosa R. Orenstein, Esq. and Nathan M. Nichols, Esq., at Orenstein
Law Group, P.C., serve as the Debtors' bankruptcy counsel.  Haynes
and Boone, LLP, is the special corporate and securities law
counsel.  Mahesh Shetty, a certified public accountant, is the
Debtor's financial officer.

The Debtors are a consolidated group of companies that operate in
the eyewear and lenses industry worldwide.  Global owns 100% of
the equity interests in Holding.  In turn, Holding owns 100% of the
equity interests in Optix, Technologies, Optima and MCO.

In February 2017, a three-member panel was appointed as official
committee of unsecured creditors in the Debtors' case.  The
Committee retained Shraiberg, Ferrara, Landau & Page, P.A. as legal
counsel, and McCathern, PLLC as local counsel.


PITTSFIELD DEVELOPMENT: Selling Chicago Building Interest for $17M
------------------------------------------------------------------
Judge Jacqueline P. Cox of the U.S. Bankruptcy Court for the
Northern District of Illinois will convene a hearing on May 31,
2017, at 9:30 a.m., to consider Pittsfield Development, LLC's
proposed procedures in connection with the sale of its interest in
the Pittsfield Building at 55 East Washington, Chicago, consisting
of all basement and sub-basement levels, the ground floor, part of
floor 22, and floors 23–40, to Pioneer Acquisitions LLC for
$16,500,000, subject to overbid.

The Debtor once owned the entire Pittsfield Building, but it sold
or transferred floors over the years.  The entire building has 40
floors, divided into four ownership groups: (i) the Debtor owns all
basement and sub-basement levels, the ground floor, part of floor
22, and floors 23 to 40; (ii) Pittsfield Residential II, LLC
("Residential") owns floors 10 to 12; (iii) Pittsfield Hotel
Holdings, LLC ("Hotel") owns floors 2 to 9; and (iv) 55 East
Washington, LLC owns floors 13 to 21.  Residential and Hotel are
owned, directly or indirectly, by the same entities or individuals
that own the Debtor.  55 East Washington is the only entity that is
not under common control.

The Pittsfield Property is encumbered by a mortgage that the Debtor
granted to PD Lender, LLC, in 2013.  The original amount of the
mortgage was approximately $3,850,000, and the current principal
balance (not including unpaid interest) is about $3,150,000.  PD
Lender's mortgage is also secured by Hotel's portion of the
Pittsfield Building, but not Residential's.

The Pittsfield Property also is subject to claims of about
$5,354,000 for unpaid real estate taxes.  Nebraska Alliance Realty
purchased the delinquent real estate taxes.  The portions of the
Pittsfield Building owned by the Debtor, Hotel, and Residential all
share a property index number, and Nebraska's claim is secured by
all three entities' property.

The Debtor has entered into a Settlement Agreement with Nebraska
Alliance Realty ("Tax Agreement") pursuant to which, among other
things, Nebraska Alliance Realty will hold an allowed Secured Claim
in the amount of approximately $5,354,000, plus certain other
amounts delineated in the Tax Agreement.  This amount, plus
subsequently due and owing real estate taxes, penalties and
interest will be paid in full at the closing on the sale of the
Pittsfield Property.  Contemporaneous with the Motion, the Debtor
will be filing a motion to approve the Tax Agreement.

The Debtor and its affiliates began efforts to market and sell
their portions of the Pittsfield Building in November 2016,
retaining Imperial Realty Co. as their broker and Ten-X LLC as
their marketplace and transactions host.  The Debtor engaged in
extensive marketing efforts since November 2016.  In February 2017,
the Debtor held an auction for the Pittsfield Property, but none of
the bids met reserve.

After the February 2017 auction process ended, the Debtor and its
agents continued to market the property through a traditional offer
process and through the Ten-X website.  After the Debtor filed for
bankruptcy, the Debtor and its affiliates have received several
offers for their portions of the Pittsfield Building.  The best
offer to date is from Pioneer, who has offered to purchase the
three portions owned by the Debtor and its affiliates for
$16,500,000.

After extensive negotiations, the Debtor and its affiliates and the
Purchaser have agreed to the terms of the PSA memorializing in
detail the terms of the Purchaser's offer.  As stated in the PSA,
the Debtor's obligations thereunder are subject to, among other
things, the Court entering an order authorizing the Debtor to sell
the Pittsfield Property to Pioneer and Pioneer being deemed the
Winning Bidder.

Pioneer has deposited $500,000 into an escrow account.  The Earnest
Money will be applied pursuant to the terms of the PSA.  The Debtor
will pay the Purchaser the Break-Up Fee of $100,000 if Pioneer is
not the Winning Bidder for the Pittsfield Property, but only to the
extent that the Debtor closes a sale with another entity for a
higher and better bid and receives the proceeds from such sale.

The PSA with Pioneer is subject to higher and better offers.  To
facilitate the opportunity to make higher and better offers, the
Debtor will accept higher and better offers for the Property.

The salient terms of the Bidding Procedures are:

    a. Bid Deadline: June 22, 2017 at 5:00 p.m. (PCT)

    b. Auction: June 26, 2017 at 1:00 p.m. (PCT) at The Law Office
of William J. Factor, Ltd., 105 W. Madison, Suite 1500, Chicago,
Illinois.

    c. Qualified Bid: Equal to or greater than $16,600,000

    d. Cash Deposit: $500,000

    e. Bidding Increments: $50,000

    f. Sale Hearing: June 29, 2017, at 10:00 a.m. (PCT)

    g. The Debtor will ask the entry of a Sale Order substantially
in the form to be filed at least 3 days prior to the Sale Hearing,
authorizing the sale of the Pittsfield Property free and clear of
all liens, claims, encumbrances, and interests of any kind or
nature.

The PSA, including the amendments thereto, further provides that
the Debtor will not be selling, and will retain, certain assets
consisting of, among others: (i) any claims against the City of
Chicago in the lawsuit docketed as No. 17-CV-1951 currently pending
in the United States District Court for the Northern District of
Illinois; (ii) any other rights of Sellers to recover damages,
money or other property from a third party; and (iii) any refund or
reduction of some or all Pittsfield Property taxes that the Sellers
have either paid, or the Sellers are responsible to pay at the
closing under the Agreement.

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

  http://bankrupt.com/misc/Pittsfield_Development_64_Sales.pdf

At the initial presentment of the Motion on May 31, 2017, the
Debtor will ask the Court to enter an order designating Pioneer as
the "stalking horse" bidder.  The Debtor also will ask the Court to
provide Pioneer, as the stalking horse, with a break-up fee of
$100,000, that will be payable only if the Debtor closes a sale
with an entity other than Pioneer (or an affiliate of Purchaser)
and only from the proceeds of such sale.  If payment of the
Break-Up Fee is triggered, it will constitute an allowed
administrative expense of Debtor's Estate.

The Purchaser has identified certain of the Debtor's leases and
contracts that it intends to acquire.  To the extent any Potential
Bidder wishes to acquire any leases or contracts and to pay any
associated Cure Amount, the Debtor proposes to assume and assign
the Assigned Contracts.  Any objection to the Cure Amount or the
assumption and assignment of the Assigned Contracts must be filed
by the Sale Hearing.

The Debtor filed the bankruptcy proceeding to obtain relief from
creditors and to thereby facilitate the sale of the Pittsfield
Property, along with the portions owned by its affiliates, and to
generate funds to pay its creditors.  

The Purchaser can be reached at:

          PIONEER ACQUICITION, LLC
          180 E. Post Road, Suite 201
          White Plains, NY 10691

                  About Pittsfield Development

Pittsfield Development LLC, owner of approximately one-third of the
Pittsfield Building at 55 East Washington, Chicago, filed a Chapter
11 bankruptcy petition (Bankr. N.D. Ill. Case No. 17-09513) on
March 26, 2017.  Robert Danial, manager, signed the petition.  The
Debtor disclosed total assets of $2.34 million and total
liabilities of $8.76 million.  The Hon. Jacqueline P. Cox presides
over the case.  Factor Law serves as counsel to the Debtor.


POTOBAC LLC: Hires Atlantic Auctions as Real Estate Auctioneer
--------------------------------------------------------------
Potobac, LLC, seeks authority from the U.S. Bankruptcy Court for
the District of Maryland to employ Atlantic Auctions, Inc., as real
estate auctioneer to the Debtor.

Potobac, LLC requires Atlantic Auctions to auction, market and sell
these real properties of the Debtor:

     Physical Address               Acres         Parcel
     ----------------               -----         ------
     1. 8701 Purcell Road         94.418             119
     2. AC WS Rt 301              29.913             92
     3. 9100 Cherry Lane          210.748            142
     4. 8600 Mulberry Grove       277.456            52
     5. NR Spring HL              19.6328            91

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

William Hudson, vice president and general manager of Atlantic
Auctions, 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 Debtor and
its estates.

Atlantic Auctions can be reached at:

     William Hudson
     ATLANTIC AUCTIONS, INC.
     802A Belair Road
     Bel Air, MD 21014
     Tel: (410) 803-4161

                   About Potobac, LLC

Potobac, LLC, based in Myrtle Beach, South Carolina, filed a
Chapter 11 petition (Bankr. D. Md. Case No. 16-15112) on April 15,
2016.  The Hon. Thomas J. Catliota presides over the case.  James
Greenan, Esq., at McNamee Hosea, serves as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Edward J.
Edelen, III, managing member.


PROFESSIONAL RESOURCE: Case Summary & 20 Top Unsecured Creditors
----------------------------------------------------------------
Affiliated debtors that filed Chapter 11 bankruptcy petitions:

     Debtor                                   Case No.
     ------                                   --------
     Professional Resource Network, Inc.      17-41577
     2740 American Blvd. West, Suite 100
     Bloomington, MN 55431

     HomeCare Resource, LLC                   17-41578
     2740 American Blvd. West, Suite 100
     Bloomington, MN 55431

Business Description: Established in 2000, HomeCare Resource --
                      http://www.homecareresource.com/--
                      is locally owned and operated home health
                      care facility offering nursing care,
                      physical therapy, occupational therapy,
                      speech pathology, home health aide and
                      medical social services.

Chapter 11 Petition Date: May 25, 2017

Court: United States Bankruptcy Court
       District of Minnesota (Minneapolis)

Judge: Hon. Kathleen H Sanberg

Debtor's Counsel: Steven B Nosek, Esq.
                  STEVEN NOSEK, P.A.
                  2855 Anthony Ln S, Ste 201
                  St Anthony, MN 55418
                  Tel: 612-335-9171
                  E-mail: snosek@noseklawfirm.com

                                   Estimated   Estimated
                                    Assets    Liabilities
                                   ---------  -----------
Professional Resource               $0-$50K    $1M-$10M
HomeCare Resource                   $0-$50K    $50K-$100K

The petitions were signed by Charie L. Devolites, chief executive
officer.

A copy of Professional Resource's list of 20 largest unsecured
creditors is available for free at
http://bankrupt.com/misc/mnb17-41577.pdf

A copy of HomeCare Resource's list of five unsecured creditors is
available for free at http://bankrupt.com/misc/mnb17-41578.pdf


RAIN TREE: Further Hearing on Cash Use on June 1
------------------------------------------------
The Hon. Benjamin A. Kahn of the U.S. Bankruptcy Court for the
Middle District of North Carolina entered an interim order
authorizing Rain Tree Health Care of Winston Salem, LLC, to use
cash collateral and scheduled a further hearing on June 1, 2017.

The Debtor may use cash collateral during the period from May 4,
2017, and continuing through the date of the further hearing in the
ordinary course of business for the expenses.

The Debtor may use cash collateral only for ordinary and necessary
business expenses consistent with the specific items and amounts
contained in the attached budget; provided, however, that the
Debtor may only vary from the Budget by 10% per line item on a
cumulative basis upon written approval of the Bankruptcy
Administrator.  The Debtor is allowed to spend $4,500 on
maintenance and repairs in the month of May 2017.

Because Yellowstone and DCR Mortgage VI Sub Il, LLC, ("Secured
Creditors") may have interests in cash, cash equivalents, and
accounts receivable of the Debtor and the proceeds, the they will
be granted adequate protection.  As adequate protection for the
Secured Creditors' interests in Cash Collateral, to the extent the
Debtor uses such Cash Collateral, the Secured Creditors are granted
valid, attached, choate, enforceable, perfected and continuing
security interests in, and liens upon all postpetition assets of
the Debtor.  As further adequate protection, no additional
postpetition liens will be imposed upon the Debtor's property, and
there will be no claim or charge against the Secured Creditors'
collateral.

The Budget provides for total projected income and expense for the
period April-June 2017:

                        April           May            June
                        -----           ---            ----
Total Income         $86,434.07      $95,303.66     $96,052.70
Gross Profit         $86,434.07      $95,303.66     $96,052.70
Total Expense        $84,487.31      $8,2785.98     $78,785.98
Net Ordinary Income   $1,946.76      $82,785.98     $78,785.98
Net Income            $1,946.76      $12,517.68     $17,266.72

A copy of the court order and the Budget is available at:

          http://bankrupt.com/misc/ncmb17-50375-71.pdf

                  About Rain Tree Health Care

Rain Tree Healthcare of Winston Salem, LLC, is a limited liability
corporation headquartered in Charlotte, North Carolina, and is
engaged in the management and operation of an adult care home for
the mentally and physically disabled in Winston Salem, North
Carolina.

Rain Tree Healthcare of Winston Salem filed a Chapter 11 petition
(Bankr. M.D.N.C. Case No. 17-50375) on April 1, 2017.  Reema Owens,
managing member/organizer, signed the petition.  At the time of
filing, the Debtor estimated assets and liabilities between
$500,000 and $1 million.

The Debtor is represented by Robert Lewis, Jr., Esq., at Gordon &
Melun, PLLC.

The Assistant U.S. Bankruptcy Administrator, Robert E. Price, Jr.,
has appointed Victor Orija of the State Long Term Care Ombudsman
for the State of North Carolina, as Patient Care Ombudsman for the
Debtor.


RAYONIER AM: Moody's Puts Ba3 CFR Under Review for Downgrade
------------------------------------------------------------
Moody's Investors Service placed the Ba3 corporate family rating
(CFR), Ba3-PD probability of default rating (PDR) and the B1 senior
unsecured notes of Rayonier A.M. Products Inc. under review for
possible downgrade. The review follows the company's announcement
that it has signed an agreement to acquire Tembec Industries Inc.
(B2) for a total consideration of $800 million.

"The review for downgrade was prompted by the possibility that
RYAM's leverage and interest coverage credit metrics will initially
weaken following the acquisition of Tembec" said Ed Sustar, Moody's
Senior Vice President.

On Review for Downgrade:

Issuer: Rayonier A.M. Products Inc.

-- Probability of Default Rating, Placed on Review for Downgrade,

    currently Ba3-PD

-- Corporate Family Rating, Placed on Review for Downgrade,
    currently Ba3

-- Senior Unsecured Notes, Placed on Review for Downgrade,
    currently B1(LGD5)

Outlook Actions:

-- .Outlook, Changed To Rating Under Review From Stable

RATINGS RATIONALE

Moody's review will focus on the anticipated operating and
financial performance of the combined company, and will assess the
size, pace and allocations of realizable cost synergies.
Post-closing credit metrics will take into consideration the impact
of Tembec's cash flow and adjusted debt (CND$869 million as
December 2016), including the potential impact of any debt (and
prepayment penalties) that may need to be refinanced. The review
will also assess the integration process and liquidity position of
the combined company.

The acquisition is expected to close in 2017 and is subject to
shareholder approval and other customary closing conditions.

The principal methodology used in these ratings was Global Paper
and Forest Products Industry published in October 2013.

Rayonier A.M. Products Inc, headquartered in Jacksonville, Florida,
is a leading global producer of specialty cellulose pulp, which is
used as a raw material to manufacture a diverse array of consumer
products such as cigarette filters as well as LCD screens, coatings
and plastic films.

Headquartered in Montreal, Quebec, Tembec is an integrated paper
and forest products company with operations primarily in Canada and
a mill in France. With CND$1.5 billion in revenue, the company's
main operating segments include specialty cellulose pulp (30% of
sales, 42% of EBITDA), wood products (25%, 10%), paper (26%, 43%)
and high-yield pulp (19%, 5%).


REONAC ENERGY: First Creditors Meeting on June 7 in Montreal
------------------------------------------------------------
The bankruptcy of Reonac Energy Systems Inc. of 180 Av. du
Voyageur, Pointe-Claire, Quebec, Canada, occurred on May 17, 2017,
and the first meeting of creditors will be held on June 7, 2017, at
10:00 a.m. at the offices of Richter Advisory Group Inc., 1981
McGill College Avenue, 11th Floor, Montreal, Canada.

Richter Advisory can be reached at:

   Richter Advisory Group Inc.
   1981 McGill College, 11th Floor
   Montreal, Quebec H3A 0G6
   Tel: 514-934-3400
        1.888.805.1793
   Fax: 514-934-8603

Reonac Energy Systems Inc. -- http://www.reonac.com/index.php--
supplies an array of electrical traction batteries and stand-alone
photovoltaic systems.


RUPARI FOOD: Commences 2nd Lawsuit on Tony Roma's Licensing Issue
-----------------------------------------------------------------
Vince Sullivan, writing for Bankruptcy Law360, reports that Rupari
Food Services Inc. filed a second adversary complaint on May 16,
2017, accusing Tony Roma's Steakhouse of violating the automatic
stay granted in its Chapter 11 case by entering into a new
agreement with another company.

Law360 relates that under the complaint, Rupari accuses Romacorp
Inc. and Ruprecht Co. of conspiring to terminate a lucrative
licensing agreement that allowed Rupari to market and sell Tony
Roma's branded meat products to consumers and give those rights to
Ruprecht.

                     About Rupari Holding Corp.

Established in 1978, Rupari -- http://www.rupari.com/-- is a    
culinary supplier of sauced and unsauced ribs, barbeque pork,  and
BBQ chicken.  Since 1978, Rupari Foods has  been producing and
distributing the finest, restaurant-quality, pre-cooked, sauced,
bone-in proteins, and related barbeque products.  The Company
offers a full line of meats under the Rupari brand name, as well as
a variety of products under the retail names of Tony Roma's and
Butcher's Prime.  The Company's products are available at large and
mid-sized retailers throughout the United States and Canada.

Rupari Holding Corp. and its affiliate Rupari Food Services, Inc.
filed Chapter 11 petitions (Bankr. D. Del. Case Nos. 17-10793 and
17-10794, respectively) on April 10, 2017.  The petitions were
signed by signed by Jack Kelly, CEO.  The cases are assigned to
Judge Kevin J. Carey.

At the time of filing, the Debtors each estimated $50 million to
$100 million in assets and $100 million to $500 million in
liabilities.

R. Craig Martin, Esq., Maris J. Kandestin, Esq., Richard A.
Chesley, Esq., and John K. Lyons, Esq., at DLA Piper LLP (US) are
serving as counsel to the Debtors.  Kinetic Advisors LLC is the
financial advisor.  Donlin, Recano & Co., Inc., is the claims and
noticing agent.

No trustee, examiner, or official committee of unsecured creditors
has been appointed in the Debtors' Chapter 11 cases.


SANCTUARY CARE: Managing Member Intends to File Chapter 11 Plan
---------------------------------------------------------------
Jonathan McCoy, an Interested Party and Managing Member of debtors
Sanctuary Care, LLC and Sanctuary at Rye Operations, LLC, requests
the U.S. Bankruptcy Court for the District of New Hampshire to
waive the provisions of 11 U.S.C. 1121(b) to allow him to file a
Disclosure Statement and Plan of Reorganization on behalf of the
Debtors.

Mr. McCoy contends that the sole intention of the Debtors in filing
these cases is to expedite a Section 363 sale of substantially all
of the assets of the estates for the benefit of a single secured
creditor and then convert to chapter 7 to liquidate any remaining
property.

Mr. McCoy seeks to file a disclosure statement and plan of
reorganization on behalf of the Debtors, while the Debtors have no
intention of doing so.

Mr. McCoy complains that the Court has approved an accelerated
schedule for a 363 sale, which, if it closes would benefit only the
primary secured creditor only.  Mr. McCoy points out that there is
a great likelihood that the many contingencies and limits imposed
as terms of sale will limit the number of actual bids to the
"stalking horse" bidder. He also points out one flaw in the sale
process, which is the lack of apparent assent of the second and
third secured creditors.

Mr. McCoy is represented by:

     Robert L. O'Brien, Esq.
     Attorney at Law
     P.O. Box 357
     New Boston NH 03070-0357
     Tel: 603-741-0411
     E-mail: RobOBJD@gmail.com

                       About Sanctuary Care

Sanctuary at Rye Operations, LLC and and its affiliate Sanctuary
Care, LLC filed separate Chapter 11 bankruptcy petitions (Bankr.
D.N.H. Case Nos. 17-10590 and 17-10591, respectively), on April 25,
2017. The Petition was signed by Alice Katz, chief restructuring
officer.  Ms. Alice Katz is with Vinca Group, LLC.  The Debtors are
represented by Peter N. Tamposi, Esq. at the Tamposi Law Group.

The Debtors owns Sanctuary Care, a memory-assisted adult care
facility located in Rockingham County, New Hampshire.

At the time of filing, Sanctuary at Rye listed $382,830 in total
assets and $16,610,000 in liabilities. Sanctuary Care listed
$5,010,000 in total assets and $16,050,000 in liabilities.

William K. Harrington, the United States Trustee, has appointed
Susan Buxton, the Long-Term Care Ombudsman for the State of New
Hampshire, as the Patient Care Ombudsman for Sanctuary Care, LLC,
and Sanctuary at Rye Operations, LLC.


SANDFORD AND SON: Jones Buying Philadelphia Property for $147K
--------------------------------------------------------------
Sandford and Son and Jay Sandford ask the U.S. Bankruptcy Court for
the Eastern District of Pennsylvania to authorize the private sale
of real property located at 7106 North Broad Street, Philadelphia,
Pennsylvania, Tax ID #101005900, to David Jones for $147,000.

A hearing on the Motion is set for June 21, 2017.

On May 8, 2017, the Debtors filed an amended plan for
reorganization titled "Joint Chapter 11 Plan for Sandford and Son
and Jay Sandford, Dated May 3, 2017" and on May 10, 2017, the
Debtors filed a joint disclosure statement titled "Joint Disclosure
Statement Regarding Chapter 11 Plan for Sandford and Son and Jay
Sandford, Dated May 3, 2017."  On May 12, 2017, the Court entered
an order approving the Disclosure Statement, and the Plan has been
sent out to creditors for voting.  The confirmation hearing has
been scheduled for June 14, 2017.  The pending Plan calls for the
sale of certain real property of the estate, including the
Property.

The Debtors are informed and believes the Property is encumbered by
a mortgage by Hyperion Bank and various tax and utility liens,
including but not limited to liens by the City of Philadelphia and
Philadelphia Gas Works.  There may also be liens by the
Commonwealth of Pennsylvania, the Internal Revenue Service, Raymond
A. Scarpato, Jr. and Amelia Scarpato, and/or Amelia Investors,
Inc.

The Debtors propose to sell the Property free and clear of all
liens, claims, interests, and encumbrances.  This is a private
sale, wherein Debtors propose to transfer their interest in the
Property to the Buyer, pursuant to the terms of a Purchase
Agreement dated May 8, 2017 and an addendum dated May 15, 2017.
The purchase price set forth in the Purchase Agreement is $147,000
with $1,000 paid as earnest money and the remaining balance to be
paid in cash at closing.  There is also a seller assist of 6% of
the purchase price.  The Closing is presently scheduled for June
23, 2017.

The Debtors have agreed to pay a commission of 6% to Weichert
Realtors, Jenkintown as broker upon the closing of the sale.  Said
commission will be shared with the Buyer's cooperating broker,
Revel Realty, LLC.  

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

          http://bankrupt.com/misc/Sandford_&_Son_243_Sales.pdf

The Debtors believe the proposed purchase price for the Property is
fair and reasonable.  The Property was listed with the Multiple
Listing Service for sale on Oct. 13, 2016 at a listing price of
$149,000.  There were 10 showings on the Property between that date
and Nov. 13, 2016.  On Nov. 13, 2017, the listing price was lowered
to $147,000.  There were four additional showings on the Property
between Nov. 13 and Dec. 5.  There was also an open house held at
the property on Nov. 27 which no interested buyers attended.  The
Property was also the subject of a separate agreement of sale which
did not go to closing due to the former prospective buyer's
financing issues.

The Debtors have agreed to pay a commission of 6% to Weichert
Realtors, Jenkintown to be shared with the Buyer's cooperating
broker Revel Realty.

The Debtors respectfully ask that the Court, after hearing on
notice pursuant to Fed. R. Bankr. P. 2002, 6004, and 9014, approves
the sale of Property as set forth and authorizes them to proceed in
accordance with the Purchase Agreement, and that the Debtors have
such other and further relief as is just and proper.

The Debtors also respectfully ask the Court to waive the 14-day
stay of the Order on the Motion under Fed. R. Bankr. P. 6004(h).

                     About Sandford and Son

Jay Sandford started buying investment properties in Philadelphia
in the 1970s with his late father, Walter Sandford (former jointly
administered debtor in this case), which they rented out to
tenants.
   
Sandford and Son filed a Chapter 11 petition (Bankr. E.D. Pa. Case
No. 14-18330) on Oct. 17, 2014.  Jay Sandford also sought Chapter
11 protection (Case No. 14-18364).  

Sandford and Son estimated assets and liabilities of $1 million to
$10 million as of the Petition Date.

The Hon. Jean K. FitzSimon presides over the cases.

The Debtors tapped John M. Keating, Esq., at Law Office of John M.
Keating, as counsel.


SANDFORD AND SON: Proposes $175K Private Sale of Property
---------------------------------------------------------
Sandford and Son and Jay Sandford ask the U.S. Bankruptcy Court for
the Eastern District of Pennsylvania to authorize the private sale
of real property located at 5061 North 9th Street, Philadelphia,
Pennsylvania, to V&C Property, Inc., and Vielka Garcia for
$175,000.

A hearing on the Motion is set for June 21, 2017.

On May 8, 2017, the Debtors filed an amended plan for
reorganization titled "Joint Chapter 11 Plan for Sandford and Son
and Jay Sandford, Dated May 3, 2017" and on May 10, 2017, the
Debtors filed a joint disclosure statement titled "Joint Disclosure
Statement Regarding Chapter 11 Plan for Sandford and Son and Jay
Sandford, Dated May 3, 2017."  On May 12, 2017, the Court entered
an order approving the Disclosure Statement, and the Plan has been
sent out to creditors for voting.  The confirmation hearing has
been scheduled for June 14, 2017.  The pending Plan calls for the
sale of certain real property of the estate, including the
Property.

The Debtors are informed and believes the Property is encumbered by
a mortgage by First Cornerstone Bank (a Division of First Citizens
Bank) and various tax and utility liens, including but not limited
to liens by the City of Philadelphia and Philadelphia Gas Works.  

There may also be liens by the Commonwealth of Pennsylvania, the
Internal Revenue Service, Raymond A. Scarpato, Jr. and Amelia
Scarpato, and/or Amelia Investors, Inc.

The Debtors propose to sell the Property free and clear of all
liens, claims, interests, and encumbrances.  This is a private
sale, wherein the Debtors propose to transfer their interest in the
Property to the Buyers pursuant to the terms of a Purchase
Agreement dated April 20, 2017 and an Addendum dated May 20, 2017.

The purchase price set forth in the Purchase Agreement is $175,000
with $500 paid as earnest money, an additional $10,000 due as a
deposit within five days of the mortgage commitment, and the
remaining balance to be paid in cash at closing.  The Closing is
presently scheduled for July 19, 2017.

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

       http://bankrupt.com/misc/Sandford_&_Son_241_Sales.pdf

The Debtors believe the proposed purchase price for the Property is
fair and reasonable.  This is a sale to the current tenant of the
Property that has been occupying the Property for a number of
years.  The parties entered into an agreement of sale for the same
price in May 2014 before the bankruptcy filing, but were not able
to settle the sale due to the outstanding liens.  The Debtors
valued the Property at $99,000 on their Schedule A, and the City of
Philadelphia assessed it at $110,000 for 2017 real estate tax
purposes.  The location and longevity of the Buyer's business at
this location led to the increased purchase price.

The Purchasers can be reached at:

          V&C PROPERTY, INC. and Vielka Garcia
          4500 McKinley St.
          Philadelphia, PA 19135

                     About Sandford and Son
   
Sandford and Son filed a Chapter 11 petition (Bankr. E.D. Pa. Case
No. 14-18330) on Oct. 17, 2014.  Jay Sandford also sought Chapter
11 protection (Case No. 14-18364).

Jay Sandford started buying investment properties in Philadelphia
in the 1970s with his late father, Walter Sandford (former jointly
administered debtor in this case), which they rented out to
tenants.

The Hon. Jean K. FitzSimon presides over the cases.

Sandford and Son estimated assets and liabilities of $1 million to
$10 million.

The Debtors tapped John M. Keating, Esq., at Law Office of John M.
Keating, as counsel.


SEARCHMETRICS INC: Taps JND Corporate as Administrative Agent
-------------------------------------------------------------
Searchmetrics Inc. seeks approval from the U.S. Bankruptcy Court
for the District of Delaware to hire JND Corporate Restructuring as
administrative agent.

The firm will provide these services:

     (a) assist in the solicitation, balloting and tabulation of
         votes, and prepare any related reports in support of
         confirmation of a Chapter 11 plan;

     (b) prepare an official ballot certification and, if
         necessary, testify in support of the ballot tabulation
         results;

     (c) handle requests for documents in connection with the
         balloting services;

     (d) gather data in conjunction with the preparation of
         the Debtor's schedules of assets and liabilities and
         statements of financial affairs;

     (e) manage and coordinate any distributions pursuant to a
         confirmed plan of reorganization or otherwise; and

     (f) provide other administrative services.

The hourly rates charged by the firm are:

     Clerical                     $35 – $40
     Case Assistant               $65 – $80
     IT Manager                 $105 - $120
     Case Consultant            $135 - $140
     Senior Case Consultant     $155 - $160
     Case Director              $175 - $190

JND received from the Debtor an advance retainer fee of $5,000 on
April 18, and a supplemental advance retainer of $5,000 on May 5.

Travis Vandell, chief executive officer of JND, 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:

     Travis K. Vandell
     JND Corporate Restructuring
     8269 East 23rd Avenue, Suite 275
     Denver, CO 80238
     Phone: 855-812-6112
     Email: info@jndla.com

                    About Searchmetrics Inc.

Headquartered in San Mateo, California, Searchmetrics Inc. --
http://www.searchmetrics.com/-- a wholly owned subsidiary of  
Searchmetrics GmbH, develops search analytics software solutions.
It offers Searchmetrics Suite, a SaaS solution that provides
companies with a view of the search engine optimization (SEO)
performance of their Websites, as well as the search strategies of
their competitors; and SEO consulting through its network of
partners.  The company has over 100,000 users worldwide, many of
whom are respected brands like T-Mobile, eBay and Siemens.

Searchmetrics filed for Chapter 11 bankruptcy protection (Bankr. D.
Del. Case No. 17-11032) on May 8, 2017, estimating assets of $1
million to $10 million and liabilities of $10 million to $50
million.  Wayne Weitz, chief restructuring officer, signed the
petition.

Judge Christopher S. Sontchi presides over the case.  

The Debtor hired Chipman Brown Cicero & Cole, LLP as lead
bankruptcy counsel; DLA Piper LLP (US) as litigation counsel; and
JND Corporate Restructuring as claims and noticing agent.  Mr.
Weitz, managing director of EisnerAmper's Bankruptcy and
Restructuring Group, serves as chief restructuring officer.  

No trustee, examiner or official committee of unsecured creditors
has been appointed.

On May 10, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.


SEFCAK LLP: Plan Outline Okayed, Plan Hearing on June 5
-------------------------------------------------------
The U.S. Bankruptcy Court for the District of Montana will consider
approval of the Chapter 11 plan of reorganization for Sefcak, LLP,
at a hearing on June 5.

The hearing will be held at 9:00 a.m., at Courtroom 200A, Russell
Smith Courthouse, 201 E. Broadway, Missoula, Montana.

The court will also consider at the hearing the final approval of
the company's disclosure statement, which it conditionally approved
on May 15.

The order set a May 31 deadline for creditors to file their
objections and cast their votes accepting or rejecting the proposed
plan.

                        About Sefcak LLP

Sefcak, LLP filed a Chapter 11 bankruptcy petition (Bankr. D. Mont.
Case No. 16-60845) on August 23, 2016, disclosing assets and
liabilities of less than $1 million.  The Debtor is represented by
James A Patten, Esq., at Patten Peterman Bekkedahl.

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


SEINEYARD INC: Taps Thomas Woodward as Legal Counsel
----------------------------------------------------
Seineyard, Inc. seeks approval from the U.S. Bankruptcy Court for
the Northern District of Florida to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire Thomas Woodward Law Firm to give legal
advice regarding its duties under the Bankruptcy Code, and provide
other legal services related to its Chapter 11 case.

The firm's attorney and legal research assistant charge $400 per
hour and $100 per hour, respectively.  Thomas Woodward received a
retainer from the Debtor in the amount of $15,000.

Thomas Woodward has no connection with the Debtor or any of its
creditors, according to court filings.

The firm can be reached through:

     Thomas B. Woodward, Esq.
     Thomas Woodward Law Firm
     P.O. Box 10058
     Tallahassee, FL 32302
     Phone: 850-222-4818
     Email: woodylaw@embarqmail.com

                       About Seineyard Inc.

Seineyard, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Fla. Case No. 17-40210) on May 18,
2017.  Sam Dunclap, president, signed the petition.  At the time of
the filing, the Debtor estimated assets and liabilities of less
than $50,000.


SISU TOO: Hires Kutner Brinen as Counsel
----------------------------------------
SiSu Too, LLC, seeks authority from the U.S. Bankruptcy Court for
the District of Colorado to employ Kutner Brinen, P.C., as counsel
to the Debtor.

SiSu Too requires Kutner Brinen to:

   a. provide the Debtor with legal advice with respect to its
      powers and duties;

   b. aid the Debtor in the development of a plan of
      reorganization under Chapter 11;

   c. file the necessary petitions, pleadings, reports, and
      actions that may be required in the continued
      administration of the Debtor's property under Chapter 11;

   d. take necessary actions to enjoin and stay until a final
      decree therein the continuation of pending proceedings and
      to enjoin and stay until a final decree herein the
      commencement of line foreclosure proceedings and all
      matters as may be provided under 11 U.S.C. Section 362; and

   e. perform all other legal services for the Debtor that may be
      necessary.

Kutner Brinen will be paid at these hourly rates:

     Lee M. Kutner                    $500
     Jeffrey S. Brinen                $430
     Jenny M. Fujii                   $340
     Keri L. Riley                    $280
     Law Clerk                        $175
     Paralegal                        $75

Kutner Brinen holds a pre-petition retainer for payment of
post-petition fees and costs in the amount of $5,001. Kutner Brinen
was also paid pre-petition fees by the Debtor in the amount of
$1,655, plus $1,727 filing and wire fees.

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

Jenny M. Fujii, associate of Kutner Brinen, P.C., assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Kutner Brinen can be reached at:

     Jenny M. Fujii, Esq.
     KUTNER BRINEN, P.C.
     1660 Lincoln Street, Suite 1850
     Denver, CO 80264
     Tel: (303) 832-2400
     Fax: (303) 832-1510
     E-mail: jmf@kutnerlaw.com

                   About SiSu Too, LLC

SiSu Too, LLC, based in Avon, Colorado, filed a Chapter 11 petition
(Bankr. D. Colo. Case No. 17-14555) on May 16, 2017. The Hon.
Elizabeth E. Brown presides over the case. Jenny M. Fujii, Esq, at
Kutner Brinen, P.C., serves as bankruptcy counsel.

In its petition, the Debtor estimated $500,000 to $1 million in
assets and $1 million to $10 million in liabilities. The petition
was signed by Sharon Mou, manager.

The Debtor has filed a bankruptcy petition within the past eight
years in the District of Colorado or there is a related case
pending in the District under Case No. 17-14551 EEB.  Pursuant to
L.B.R. 1073-1, this case has been reassigned to the judge that
heard or is assigned the previous case.  Judge Elizabeth E. Brown
has been added to the case and the involvement of Judge Michael E.
Romero was terminated.


SM PROPERTY HOLDINGS: Hires Kutner Brinen as Counsel
----------------------------------------------------
SM Property Holdings, LLC, seeks authority from the U.S. Bankruptcy
Court for the District of Colorado to employ Kutner Brinen, P.C.,
as counsel to the Debtor.

SM Property Holdings requires Kutner Brinen to:

   a. provide the Debtor with legal advice with respect to its
      powers and duties;

   b. aid the Debtor in the development of a plan of
      reorganization under Chapter 11;

   c. file the necessary petitions, pleadings, reports, and
      actions that may be required in the continued
      administration of the Debtor's property under Chapter 11;

   d. take necessary actions to enjoin and stay until a final
      decree therein the continuation of pending proceedings and
      to enjoin and stay until a final decree herein the
      commencement of line foreclosure proceedings and all
      matters as may be provided under 11 U.S.C. Section 362; and

   e. perform all other legal services for the Debtor that may be
      necessary herein.

Kutner Brinen will be paid at these hourly rates:

     Lee M. Kutner                    $500
     Jeffrey S. Brinen                $430
     Jenny M. Fujii                   $340
     Keri L. Riley                    $280
     Law Clerk                        $175
     Paralegal                        $75

Kutner Brinen holds a pre-petition retainer for payment of
post-petition fees and costs in the amount of $5,001. Kutner Brinen
was also paid pre-petition fees by the Debtor in the amount of
$1,655, plus $1,727 filing and wire fees.

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

Jenny M. Fujii, associate of Kutner Brinen, P.C., assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Kutner Brinen can be reached at:

     Jenny M. Fujii, Esq.
     KUTNER BRINEN, P.C.
     1660 Lincoln Street, Suite 1850
     Denver, CO 80264
     Tel: (303) 832-2400
     Fax: (303) 832-1510
     E-mail: jmf@kutnerlaw.com

             About SM Property Holdings, LLC

SM Property Holdings, LLC, based in Vail, Colorado, filed a Chapter
11 petition (Bankr. D. Colo. Case No. 17-14554) on May 16, 2017.
The Hon. Joseph G. Rosania Jr. presides over the case. Jenny M.
Fujii, at Kutner Brinen, P.C., serves as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Shaon Mou,
manager.


SOYNUT BUTTER: Files for Chapter 7 Amid E. Coli Crisis
------------------------------------------------------
SoyNut Butter Co. filed a voluntary Chapter 7 bankruptcy petition
(Bankr. N.D. Ill. Case No. 17-14970) on May 12, 2017.

Cara Salvatore of Bankruptcy Law360, citing documents filed in
court, reports that the Company filed for bankruptcy after a
foodborne-illness crisis.

Cara Salvatore of Bankruptcy Law360, citing documents filed in
court, reports that the Company filed for bankruptcy after a
foodborne-illness crisis.  Federal food-safety officials have
blamed the Company's peanut butter substitute product -- I.M.
Healthy soy nut butter -- for 32 illnesses in 12 states after a
U.S. Food and Drug Administration investigation concluded that E.
coli contamination was the culprit, Law360 relates.

A product liability consolidated litigation captioned Simmons v.
The SoyNut Butter Co., case number 1:17-cv-01756, has also been
commenced in the Northern District of Illinois.

Judge LaShonda A. Hunt presides over the Chapter 7 case.

Gus A. Paloian was named a Chapter 7 trustee.

In its bankruptcy petition, the Company listed under $50,000 in
assets and between $1 million and $10 million in liabilities,
Law360 notes.

Shomshon Moskowitz and Richard Perna -- rperna@frltd.com -- of
Fuchs & Roselli Ltd., serve as counsel to the Debtor.

A Sec. 341(a) meeting of creditors in the Debtor's case is
scheduled to be held on June 21, 2017, at 02:00 PM at, 219 South
Dearborn, Office of the U.S. Trustee, 8th Floor, Room 800, in
Chicago, Illinois 60604.


STEWART DUDLEY: Magnify Selling Panama City Condo Unit for $168K
----------------------------------------------------------------
Magnify Industries, LLC, asks the U.S. Bankruptcy Court for the
Northern District of Alabama to authorize the sale of condominium
unit 632 in Emerald Beach Resort, located at 14701 Front Beach Rd.,
Panama City, Bay County, Florida, Property Tax ID #40000-300-054,
to J & J Enterprises of North Georgia, LLC, for $168,000.

Magnify is a party in interest which is the owner of the Unit 632.
Said condo unit is one bedroom, one bath unit which is 792 square
feet.

At the hearing on May 22, 2017, the Court directed that all
prospective sales of condominium units owned by Magnify should be
presented to the Court for consideration and approval.

On May 20, 2017, Magnify received from its listing agent, Mark
Cowart of Counts Real Estate Group the Buyer's offer to purchase
the Unit 632 for $168,000.  The offer has only a financing
contingency and is to be closed by June 21, 2017.  The Buyer has no
connection to or relationship with the Debtor or Magnify.  Mr.
Cowart is an experienced realtor in the Panama City, Florida real
estate market who is familiar with unit 632.

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

      http://bankrupt.com/misc/Stewart_Dudley_306_Sales.pdf

Mr. Cowart believes that the proposed purchase price for the unit
represents its fair market value.  The proposed price represents
$212 per square foot, which is within the parameters of testimony
previously offered to the Court as a reasonable price for
condominiums in the Emerald Beach Resort.

The net cash after paying the amounts required for closing will be
placed in the escrow account at Engel, Hairston & Johanson P.C.
The agent has advised that the offer was tendered for acceptance on
May 22, 2017.  He has obtained an extension but if not accepted by
on May 22, 2017, Magnify will likely lose the sale.

Counsel for Magnify:

          Jonathan E. Raulston, Esq.
          Charles R. Johanson, III, Esq.
          ENGEL, HAIRSTON & JOHANSON, P.C.
          P.O. Box 11405
          Birmingham, AL 35202
          Telephone: (205) 328-4600

Stewart Ray Dudley filed a Chapter 11 petition (Bankr. N.D. Ala.
Case No. 16-01842) on May 5, 2016, and is represented by R. Scott
Williams, Esq., from Rumberger, Kirk & Caldwell, P.C.  Mr.
Williams
can be reached at swilliams@rumberger.com


STNMM LLC: Case Summary & Unsecured Creditor
--------------------------------------------
Debtor: STNMM LLC
        147-35 78 Ave PD
        Flushing, NY 11367

Business Description: The Debtor is a small business debtor as
                      defined in 11 U.S.C. Section 101(51D).  The
                      Debtor owns two New York City taxicab
                      medallions (8G88; 8G89) with a current value
                      of $482,000.  It posted gross revenue of
                      $53,200 for 2016 and gross revenue of
                      $67,200 for 2015.

Chapter 11 Petition Date: May 25, 2017

Case No.: 17-42692

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

Judge: Hon. Nancy Hershey Lord

Debtor's Counsel: Jeremy S Sussman, Esq.
                  THE LAW OFFICES OF JEREMY S. SUSSMAN
                  225 Broadway, Suite 3800
                  New York, NY 10007
                  Tel: 646-322-8373
                  Email: sussman@sussman-legal.com

Total Assets: $482,076

Total Liabilities: $1.39 million

The petition was signed by Sergey Babayev, president.

The list of top 20 largest unsecured claims of creditors who are
not insiders has a single entry: Capitol One, with a claim of
$908,335.

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

            http://bankrupt.com/misc/nyeb17-42692.pdf


STONEWALL FARM: Plan Outline Okayed, Plan Hearing on July 12
------------------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Florida will
consider approval of the Chapter 11 plan of reorganization for
Stonewall Farm Ocala, LLC, at a hearing on July 12.

The hearing will be held at 2:30 p.m., at Courtroom A, Fourth
Floor, 300 North Hogan Street, Jacksonville, Florida.

The court on May 16 approved the company's disclosure statement,
allowing it to start soliciting votes from creditors.  

The order set a June 28 deadline for creditors to cast their votes
accepting or rejecting the plan.  Any objection to confirmation of
the plan must be filed seven days before the hearing.

                    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.  At the time of the filing, the Debtor disclosed
$4.23 million in assets and $2.17 million in liabilities.

The case is assigned to Judge Paul M. Glenn.  Robert D. Wilcox,
Esq., at Wilcox Law Firm represents the Debtor as bankruptcy
counsel.


SUBDIVISION OF SILVER: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------------
The Office of the U.S. Trustee on May 24 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Subdivision of Silver City,
LLC.

                About Subdivision of Silver City

Subdivision of Silver City, LLC, based in Willis, Texas, filed a
Chapter 11 petition (Bankr. S.D. Tex. Case No. 17-32789) on May 1,
2017.  In its petition, the Debtor estimated $1 million to $10
million in both assets and liabilities.  Peter W. Hill, managing
member, signed the petition.

The Hon. Jeff Bohm presides over the case. Margaret M. McClure,
Esq., at the Law Office of Margaret M. McClure, serves as
bankruptcy counsel.


SUNSHINE HOME: Has Interim Approval to Use IRS Cash Collateral
--------------------------------------------------------------
Judge Robert D. Berger of the U.S. Bankruptcy Court for the
District of Kansas authorized Sunshine Home Health Care, Inc., to
use the cash collateral of the Internal Revenue Service on an
interim basis.

Judge Berger acknowledged that the Debtor has no source of income
other than from the operation of its businesses and the collection
of its accounts.  He also held that if the Debtor is not permitted
to use cash collateral in the ordinary course of its business, it
will be unable to pay its operating and business expenses, thus
effectively precluding its orderly reorganization in these chapter
11 proceedings and causing imminent and irreparable harm to its
Bankruptcy Estate.

The Debtor is indebted to the Internal Revenue Service pursuant to
a filed lien, which holds a security interest in and liens upon
Debtor's account receivables. Accordingly, the IRS is granted
replacement liens in postpetition cash collateral (including cash,
accounts, accounts receivable, inventory and the proceeds thereof)
of the Debtor to the same extent that the IRS has valid liens on
prepetition cash collateral.

The Debtor agrees to pay $1,000 to the IRS on or before July 1,
2017, with identical $1,000 amounts to be paid to the IRS on or
before the first day of each succeeding month, until confirmation
of the Debtor's Plan of Reorganization.

In addition, the IRS is also entitled to a super-priority
administrative expenses claim to the extent that the adequate
protection provided to the IRS proves to be inadequate to protect
the IRS against a post-petition diminution in the value of their
collateral.

The Debtor is also directed to maintain its cash, accounts,
accounts receivable, and inventory in the sum of at least $40,000
at all times; to timely file all post-petition tax returns and will
make timely deposits of all post-petition taxes; and to serve
copies of its monthly operating reports upon counsel for the IRS.

A full-text copy of the Order, dated May 24, 2017, is available at
https://is.gd/oSwZx7

                      About Sunshine Home

Sunshine Home Health Care, Inc., is a full-service home health care
agency serving the greater Kansas City, KS area.  The Debtor is a
small business debtor as defined in 11 U.S.C. Section 101(51D).  It
posted gross revenue of $3.23 million in 2016 and $3.78 million in
2015.

Sunshine Home Health Care filed a Chapter 11 petition (Bankr. D.
Kan. Case No. 17-20797) on May 5, 2017, disclosing $75,501 in
assets and $1.62 million in liabilities.  Vanessa Trobough,
president, signed the petition.  The case is assigned to Judge
Robert D. Berger.  The Debtor is represented by Colin N. Gotham,
Esq., at Evans & Mullinix, P.A.


SUPERIOR LINEN: Las Vegas Linen Buying All Assets for $1.9M
-----------------------------------------------------------
Superior Linen, LLC, asks the U.S. Bankruptcy Court for the
District of Nevada to authorize the private sale of substantially
all assets to Las Vegas Linen, LLC for $1,850,000, subject to
adjustments.

As of the Petition Date, the Debtor owed RD VII Investments, LLC,
its senior secured lender, the sum of $10,535,905, and Midwest
Community Development Fund VII, L.L.C., its junior secured lender,
the sum of $8,052,998.

On Oct. 3, 2016, the Debtor filed the Cash Collateral Motion and
the First DIP Financing Motion.  The First DIP Financing Motion
requested approval to borrow up to $1,000,000 from RD VII on a
super-priority post-petition basis.  The Court later entered final
orders granting the DIP Financing Motion and the Cash Collateral
Motion, as modified by the revised versions of the operative
documents attached to those orders.

On Dec. 13, 2016, the Court entered an order granting the
Committee, and failing that, Baltic Linen Co., Inc., derivative
standing to commence, prosecute and settle causes of action that
would otherwise be brought by the Debtor or its estate including
but not limited to as against RD VII pursuant to the release of
claims provision in the Cash Collateral Stipulation.  This order
originally required the actions be commenced by mid-January 2017,
however, this deadline has since been extended numerous times, and
most recently extended to June 21, 2017.

On Dec. 30, 2016, the Debtor filed a motion seeking to reject any
alleged sublease(s) it had regarding the premises out of which it
previously operated, which is located at 125 S. 13th Street, Las
Vegas, Nevada ("13th Street Property"), including with any of New
Image Dry Cleaning, LLC, New Image Dry Cleaners, LLC, Max
Enterprises, LLC and/or any other alleged sublessee for that
location.  The Debtor later withdrew this motion to reject without
prejudice, however, the existence and validity of any alleged
sublease for the 13th Street Property was and remains disputed.
Additionally, the alleged sublease also included a lease by the
Debtor of certain of its personal property, as sublessor and owner
thereof.

Separate and apart from the alleged sublease, with respect to the
master lease for the 13th Street Property, wherein the Debtor is
the tenant, the Debtor has entered into a series of stipulations
and orders extending the deadline for the Debtor to assume or
reject its rights as tenant under the master lease through May 29,
2017.

The Debtor generally must assume or reject an unexpired lease of
nonresidential real property within one 120 days of the Petition
Date, which, in this case, made the deadline originally Jan. 28,
2017, unless otherwise extended by agreement with the applicable
landlord or ordered by the Court.  The Assumption/Rejection
Deadline is important in the case at hand because the Debtor's
operations, including both its laundry and linen processing
facility and its corporate offices, are operated out leased
premises located at 4501 Mitchell Street, North Las Vegas, Nevada
89081 in the Nellis Industrial Park ("Premises").  Specifically, on
July 26, 2011, Superior Linen, as tenant, entered into a Lease
Agreement ("Lease Agreement") with Prologis NA3, LLC as original
landlord, which space was later expanded pursuant to various
amendments.  In 2015, the Landlord, as successor to Prologis, took
over the Lease Agreement of the Premises as landlord and has
remained as such during the pendency of the Chapter 11 Case.

The Debtor is also obligated to pay certain sums to the City over
time as and for a "regional connection fee" for industrial
laundries as well as normal monthly utility charges.  Prior to the
Petition Date, Superior Linen entered into a settlement and payment
arrangement with the City, however, it ceased making payments
pursuant to that agreement, and the City thus eventually recorded a
Notice of Lien for Unpaid Utilities Charges against the Premises in
the Official Records of the County Recorder, Clark County, Nevada
on Sept. 22, 2016 at Instrument No. 20160922-0000141 in the amount
of $893,667.  The recordation of the Notice of Lien on the Premises
is also a breach of the Lease Agreement by Superior Linen.

Given that the original Assumption/Rejection Deadline was set to
expire on Jan. 28, 2017, the Debtor and the Landlord conferred and
determined that, in order to allow them to continue their
discussions, among other reasons, it was in their best interests to
agree to extend the Assumption/Rejection Deadline for the Lease
Agreement voluntarily an additional 60 days, and thus through and
including March 29, 2017 ("Extension Period").  As a result on Jan.
27, 2017, as later approved by the Court, the parties entered into
stipulation, which, among other matters: (i) the Debtor was to
remain current on a post-petition go forward basis on all regular
monthly rent and expense payments owing to the Landlord under the
Lease Agreement in its current form; and (ii) commencing on Feb.
15, 2016, and on the 15th of each and every month thereafter during
the Extension Period, the Debtor was to pay the sum of $20,000 each
month to the City as and for a partial payment of the outstanding
Connection Fees.

On Jan. 23, 2017, the Debtor filed its Second DIP Loan Motion,
which requested authorization and approval to borrow additional
post-petition financing of up to $750,000 from RD VII on a
super-priority post-petition basis.  As explained in the Second DIP
Loan Motion, Debtor required additional funds and prior to the
originally projected date in the First Budget of the end of January
for various reasons.  The Court held various hearings on interim
approval of the Second DIP Loan, and has entered a series of orders
authorizing the entire borrowing.

On Jan. 24, 2017, the Office of the United States Trustee ("UST")
filed the Trustee/Conversion Motion which was joined by the
Committee and various other parties.  On March 1, 2017, the Court
held an evidentiary hearing on the Trustee/Conversion Motion, and
later entered a written order denying the UST's request to appoint
a chapter 11 trustee, and conditionally denying the conversion of
the case to chapter 7, subject to the following terms and
conditions: (i) that any sale of all or substantially all of the
Debtor's business must occur, if at all, no later than June 14,
2017; (ii) any additional DIP financing requested or obtained by
the Debtor must include at least $45,000 in funds paid as an
additional "carveout" for the Committee's professionals; and (iii)
the deadline for the Committee and/or creditor Baltic Linen to file
derivative actions or other claims as described in the orders
granting them derivative standing is extended through June 21,
2017.  The Trustee/Conversion Motion was a significant and
unfortunate distraction in the Chapter 11 Case.

On March 6, 2017, the Debtor filed its Third DIP Financing Motion
which sought authorization and approval to borrow additional
post-petition financing of up to $875,000 from RD VII.  On March 9,
2017, the Court entered an interim order approving the Third DIP
Financing Motion on an interim basis to the extent of $350,000, and
on March 30, 2017, entered a final order authorizing the Third DIP
Financing Motion on a final basis.

The terms of the Third DIP Financing only authorize the Debtor to
borrow additional funds, but still leaves in RD VII's discretion
whether it will provide any such further loans.  Understandably,
and in light of the substantial funds RD VII has already lent to
the Debtor on a pre and post-petition basis, as well as the
precipitous erosion in the Debtor's value from and after the
Petition Date, RD VII did not loan any additional funds to the
Debtor, including the remaining balance of the approved Third DIP
Financing.  The total principal amount the Debtor has borrowed
under the terms of its various DIP financings is the sum of
$2,100,000.

The parties were unable to agree to a further extension of the
Assumption/Rejection Deadline for the Lease Agreement of the
Premises, and thus, as a result, and in order to avoid losing its
Lease, on March 30, 2017 the Debtor filed a motion seeking to
assume its Lease Agreement with the Landlord for the Premises.  The
motion was set for hearing on May 17, 2017, but which was continued
by stipulation of the parties in light of the imminent filing of
the Sale Motion to May 24, 2017.

In addition to the timing pressures regarding the Debtor's Lease
Agreement for the Premises, various of the Debtor's customers have
either taken actions, including some unilaterally and improperly,
and/or filed motions seeking to compel the Debtor to assume or
reject their respective linen and laundry services agreements,
and/or for relief from the automatic stay to terminate such
agreements, which are at various stages of being heard and decided.
These customers include large customers such as the Cosmopolitan,
The Palms Casino Resort, The Riverside Resort and Casino
(Laughlin), the M Resort Spa Casino, as well as smaller accounts
like The Downtown Grand.

As a result of the foregoing, an expedited transaction involving
the Debtor 's assets is of utmost importance in order to preserve
and protect the remaining value of the assets proposed to be sold,
and so as to maximize recoveries.

Additionally, although the parties began significant discussions to
document the proposed transaction more than a month ago, it has
involved many moving parts, including discussions and assurances
with existing customers, as well as the negotiation of the proposed
Settlement and Release Agreement with the city of North Las Vegas
and Icon Pac Nevada Owner Pool 3 Nevada, LLC ("Landlord") ("North
Las Vegas Settlement Agreement," before it could be filed with the
Court, all of which involved substantial undertakings.
Notwithstanding the Debtor's best efforts to manage its cash flow
and juggle its cash management, given the length of time the
proposed transaction took to document, the Debtor has accrued
significant additional post-petition administrative liabilities in
operating its business unprofitably during this time period, which
liabilities will only increase if there are any delays in the
approval process.

Shortly after the filing of the Motion, the Debtor also anticipates
working with the Committee, the UST, and other creditor
constituencies regarding a proposed chapter 11 plan of liquidation
to finalize the remainder of the Chapter 11 Case, post-closing of
the Sale, in and orderly and timely fashion.

On Nov. 7, 2016, Province, Inc. entered into an Engagement
Agreement with the Debtor as financial advisors in order to assist
with a potential sale of the business, which application the Court
has approved.  Province pre-marketed the asset to several bidders
that were well known to Province in mid-January 2017 and officially
launched the Sale Transaction on Jan. 21, 2017.  Since then,
Province engaged in telephonic discussions, in-person meetings, and
due diligence and analyses with potential Sale Counterparties.
Together with the Company, Province has worked to select and
consummate a Sale Transaction with the Buyer.  Based on Province's
continuing assessment of the Company's valuation with respect to
ongoing changes in the composition of the Company's client
portfolio and their discussions with numerous Sale Counterparties,
Province believes that the Company's sale as a going concern to the
Buyer at the terms presented in the Asset Purchase Agreement is
likely to provide significantly more value to creditors than in a
liquidation.

The salient terms of the APA are:

   a. Purchased Assets: The Seller will sell, assign, transfer,
convey and deliver to the Buyer, and the Buyer will purchase from
the Seller, all of the Seller's right, title and interest in the
assets that relate to, or are used or held for the use in
connection with the Business, free and clear of all Encumbrances,
but excluding the Excluded Assets.

   b. Total Consideration: The aggregate consideration for the
Purchased Assets will be (i) $1,850,000 in cash; (ii) up to
$200,000 in cash for specified equipment not identified in Section
1.01(b) of the Disclosure Schedules which will be agreed to by the
Buyer and the Seller at or prior to Closing (the sum of (a)
inclusive with (b) being the "Cash Purchase Price" which will be
subject to adjustment pursuant to Section 1.09 below); plus (c) the
assumption of the Assumed Liabilities.

   c. Designated Contracts: At the Closing, the Buyer will
designate in writing to the Seller the Designated Contracts that it
elects not to assume at Closing but will instead operate under
during the 60-day period following the Closing.

   d. Closing Adjustment: No later than one Business Day prior to
the Closing Date, the Seller will deliver to the Buyer the
Estimated Closing AR Statement setting forth its good faith
estimate of Closing Net AR Amount with supporting calculations in
reasonable detail.  The Closing Net AR Amount will mean (A) the
Accounts Receivable of the Seller included in the Purchased Assets,
net of reserves in accordance with GAAP, minus (B) $500,000
("Target Net AR Amount").  The Closing Adjustment will be an amount
equal to the excess, if any, of the Target Net AR Amount over the
Estimated Net AR Amount.  The Cash Purchase Price will be reduced
by the amount of the Closing Adjustment (if any). If the Estimated
Closing Net AR Amount exceeds the Target Net AR Amount, the Cash
Purchase Price will not be adjusted at the Closing but will be
subject to adjustment following the Closing as provided in Section
1.09(c).

   e. Post-Closing Adjustment: Within 60 days after the Closing
Date, the Buyer will prepare and deliver to the Seller its Closing
AR Amount Statement.  The post-closing adjustment will be an amount
equal to (A) the Closing Net AR Amount, as finally determined
pursuant to this Section 1.09, minus (B) Target Net AR Amount,
minus (C) (if applicable) the Closing Adjustment.  If the
Post-Closing Adjustment is a positive number, then the Cash
Purchase Price will be increased by the Post-Closing Adjustment and
the Buyer will pay to the Seller an amount equal to the
Post-Closing Adjustment.  If the Post-Closing Adjustment is a
negative number, then the Cash Purchase Price will be reduced by an
amount equal to the Post-Closing Adjustment, which will be
immediately paid to Buyer by the Seller.

   f. Closing: The Closing will take place within three Business
Days after the entry of the Sale Order.

The Debtor asks the Court to approve the APA.  The APA is fair,
reasonable and in the best interests of the Debtor's estate.

The Debtor is proposing the sale be a "private" sale without going
through an auction process due to the significant timing
constraints on consummating the sale and because the Debtor asserts
that it has already more adequately canvassed the market of
potential purchasers as previously described, and no party other
than the Buyer has shown any substantial and continuing interest in
purchasing the assets, and contracts and related property.

In connection with the sale of the Assets, the Debtor asks the
Court to approve the assumption and assignment of a certain limited
number of executory contracts and unexpired leases as set forth in
the APA.  The Debtor's assumption and assignment of the Contracts
and Leases will be contingent upon payment of the required cure
amounts consistent with the APA, and effective only upon the
closing of the Sale.

The North Las Vegas Settlement Agreement is an essential component
to allow the Sale transaction to proceed because the Buyer requires
the Premises subject to the Lease Agreement in order to operate the
facility therein, which is also where most of the assets are
located.  Being the interest of creditors, the interests of various
of the Debtor's creditors are well served by allowing the sale
transaction to take place, of which the North Las Vegas Settlement
Agreement, and the assumption, assignment and cure of the Lease
therein, is a necessary and indeed critical part.  For all of the
reasons set forth, the Agreement is fair, equitable, and in the
best interests of the Debtor's estate and creditors, and thus the
Debtor respectfully asks that the Court approves the Agreement as a
reasonable compromise of the parties' disputes, and allow for its
assumption and assignment to the Buyer as is necessary and
appropriate.

The Debtor respectfully asks that the Court grants the relief
sought.

Given the reality of the Debtor's financial situation and its need
to quickly maximize and realize the value of its assets, as well as
to avoid the incurrence of additional administrative expenses for
continued post-petition operations, the Debtor asks the Court to
waive the stays required by Fed. R. Bankr. P. 6006(d) and 6004(h).

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

     http://bankrupt.com/misc/SUPERIOR_LINEN_437_Sales.pdf

The Purchaser can be reached at:

          LAS VEGAS LINEN, LLC
          c/o Pure Star Group
          1 West Mayflower Ave.
          N. Las Vegas, NV 89030
          Attn: Dave Barron
          E-mail: dbarron@purestargroup.com

The Purchaser is represented by:

          Zev Bomrind, Esq.
          FOX ROTHSCHILD LLP
          101 Park Ave., 17th Floor
          New York, NY 10178
          E-mail: zbomrind@foxrothschild.com

                       About Superior Linen

Superior Linen, LLC, doing business as Superior Linen and Laundry
Services, which operates as a commercial laundry and linen rental
company, filed a Chapter 11 petition (Bankr. D. Nev. Case No.
16-15388) on Sept. 30, 2016.  The petition was signed by Robert E.
Smith, chief financial officer.  The case is assigned to Judge
Mike
N. Nakagawa.  The Debtor estimated assets and debts at $10 million
to $50 million at the time of the filing.

The Debtor tapped Matthew C. Zirzow, Esq., at Larson & Zirzow,
LLC,
as bankruptcy counsel.  Paras Barnett, Esq., at Barnett &
Associates is serving as special counsel.  Province, Inc., serves
as financial and restructuring advisors.

The U.S. Trustee for Region 17 appointed three creditors of
Superior Linen, LLC, to serve on the Official Committee of
Unsecured Creditors: Baltic Linen Company, Inc., United Cleaners
Supply, Inc., and Regent Apparel.  The Committee is represented by
Candace C. Carlyon, Esq., and Matthew R. Carlyon, Esq., at Morris,
Polich & Purdy, LLP.


TALOS PRODUCTION: Moody's Withdraws Caa1 Corporate Family Rating
----------------------------------------------------------------
Moody's Investors Service has withdrawn all of its ratings for
Talos Production LLC, including the company's Caa1 Corporate Family
Rating (CFR) and Caa1-PD Probability of Default Rating (PDR), and
the Caa2 rating for the company's senior unsecured notes.

Moody's has withdrawn all of Talos' rating for its own business
reasons.

Talos is a privately owned exploration and production company whose
assets are located on the continental shelf and deepwater areas in
the US Gulf of Mexico.


TARPON DYNAMIC: Settlement With Bank for Sale of Properties Okayed
------------------------------------------------------------------
Judge Elizabeth W. Magner of the U.S. Bankruptcy Court for the
Eastern District of Louisiana authorized Tarpon Dynamic Industries,
L.L.P.'s Settlement Agreement with Whitney Bank in connection with
the sale of two parcels of immovable property bearing municipal
address: (i) 3012 Engineers Road, Belle Chasse, Louisiana ("3012
Engineers Road"); and (ii) 2407 Concord Road, Belle Chasse,
Louisiana ("2407 Concord Road") to Whitney Bank for a credit bid in
the amount of $671,599, plus the amount due for past due 2016
property taxes, which is approximately $6,481.

The Debtor is authorized to execute a Dation En Paiement and
transfer the 2407 Concord Road and the 3012 Engineers Road
("Property") to Whitney Bank free and clear of all liens, claims,
encumbrances, and any and all interests of any kind, including
leases, except the 2016 property taxes.

Jon Gibson, Jr., or Jeffrey Sikut is authorized to sign any and all
documents on behalf of the Debtor that are necessary to effectuate
the Settlement and transfer of the Property as set forth.

The counsel for Mover will serve the Order on the required parties
who will not receive notice through the ECF system pursuant to the
FRBP and the LBRs and file a certificate of service to that effect
within three days.

                  About Tarpon Dynamic Industries

Tarpon Dynamic Industries, L.L.P, filed a Chapter 11 bankruptcy
petition (Bankr. E.D. La. Case No. 17-10500) on March 7, 2017.
The Hon. Elizabeth W Magner presides over the case.


TD MANUFACTURING: Asks For Court OK to Use Cash Collateral
----------------------------------------------------------
TD Manufacturing LLC seeks permission from the U.S. Bankruptcy
Court for the District of Colorado to use cash collateral.

The Debtor maintains two secured loans which liens arising
therefrom could encumber the Debtor's cash collateral.  The two
liens are:

     a. a secured loan with Colorado Lending Source, Ltd., on
        April 2, 2015, which is guaranteed by the Small Business   
     
        Administration.  CLS asserts a lien in certain pieces of
        enumerated equipment, and all additions, accessions, and
        substitutions thereof and all proceeds and products
        therefrom.  The amount owing to CLS is approximately
        $640,486;

     b. a secured loan with TBK Bank on March 19, 2015.  TBK
        asserts a lien in all inventory and equipment.  The amount

        owing to TBK is approximately $740,000.

CLS and TBK may have a secured lien position on the Debtor's funds
and revenues that constitute cash collateral.

The Debtor's total asset value as of the Petition Date is
approximately $286,671.  The Debtor's accounts receivable as of the
Petition Date is approximately $87,522.  The Debtor's cash on hand
and in bank accounts as of the Petition Date is approximately
$15,084.  The Debtor's furniture, fixtures, equipment and inventory
have a value of approximately $183,650.

The Debtor is replacing its accounts receivable and cash in the
ordinary course of its operations.  The Debtor also replaces its
inventory of a regular basis.

The secured interest of the Secured Creditors in the Debtor's
assets is adequately protected against the Debtor's ongoing use of
cash.

In order to pay necessary operating expenses, the Debtor must
immediately use cash collateral on an interim basis until the time
as the Court schedules a final hearing on the use of cash
collateral.  On an interim basis over the next 30 days and on a
six-month basis, the Debtor has prepared a budget setting forth its
expected revenues and cash use.

The Debtor says that without the use of cash collateral, the Debtor
will have insufficient funding for business operations.  With the
use of cash collateral, the Debtor will not be able to pay
employees, utilities, and other costs associated with operating the
business.

In order to provide adequate protection for the Debtor's use of
cash collateral to Bank, to the extent Bank is properly perfected,
the Debtor proposes that:

     a. the Debtor will provide a replacement lien on all post-
        petition accounts and accounts receivable to the extent
        that the use of the cash collateral results in a decrease
        in the value of the collateral;

     b. the Debtor will maintain adequate insurance coverage on
        all personal property assets and adequately insure against

        any potential loss;

     c. the Debtor will provide to Bank all periodic reports and
        information filed with the Court, including debtor-in-
        possession reports;

     d. the Debtor will only expend cash collateral pursuant to
        the Budget subject to reasonable fluctuation by no more
        than 15% for each expense line item per month;

     e. the Debtor will pay all post-petition taxes; and

     f. the Debtor will retain in good repair all collateral in
        which Bank has an interest.

The proposed budget provides for these projected sales, cost of
goods sold and total operating expenses during the period May to
December 2017:

              June    July     Aug    Sept     Oct     Nov     Dec
              ----    ----     ---    ----     ---     ---     ---
  Total
  Services $50,000 $47,000 $52,000 $56,000 $46,000 $43,000 $41,000

  Total
  COGS      $5,200  $5,200 $13,200  $5,200  $5,200  $5,200  $5,200
     

  Gross
  Profit   $44,800 $41,800 $38,800 $50,800 $40,800 $37,800 $35,800

  Total
  Expenses $36,515 $34,165 $33,515 $45,015 $34,165 $33,515 $33,515

  Net
  Operating
  Income    $8,285  $7,635  $5,285  $5,785  $6,635  $4,285  $2,285

A copy of the Debtor's Motion is available at:

           http://bankrupt.com/misc/cob17-14243-31.pdf

                   About TD Manufacturing LLC

Based in Greeley, Colorado, TD Manufacturing LLC --
http://www.t-dmanufacturing.com/-- operates a metal manufacturing

and powder coating shop that specializes in plasma table cutting,
welding, sand blasting, and powder coating.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Colo. Case No. 17-14243) on May 9, 2017.  The
petition was signed by Luke Yockim, manager.  

Aaron A. Garber, Esq., at Buechler & Garber, LLC, serves as the
Debtor's bankruptcy counsel.

The case is assigned to Judge Michael E. Romero.

At the time of the filing, the Debtor disclosed $286,671 in assets
and $1.40 million in liabilities.


TELEXFREE LLC: $1.83M Judgment by Consent vs S. Rodrigues Entered
-----------------------------------------------------------------
The Securities and Exchange Commission issued a press release
indicating that on May 25, 2017, the federal court in Boston,
Massachusetts, entered a final judgment by consent against
defendant Sanderley Rodrigues de Vasconcelos of Davenport, Florida,
a defendant in SEC v. TelexFree, Inc., et al. Among other things,
the Court's order holds Rodrigues liable for over $1.83 million,
including approximately $1.7 million in disgorgement and
prejudgment interest and a $150,000 civil penalty.  In April 2014,
the Commission charged Massachusetts-based TelexFree, Inc. and
TelexFree, LLC (collectively, "TelexFree"), plus four company
officers and four promoters of TelexFree, including Rodrigues, with
perpetrating an international pyramid scheme targeting Latino
communities in the U.S.

In settling the SEC's charges, Mr. Rodrigues admitted that he was a
promoter of TelexFree, appearing at TelexFree-sponsored public
events and other gatherings at hotels and resorts.  He further
admitted that he appeared in promotional videos that were posted on
YouTube and posted at least one video himself.

Mr. Rodrigues consented to the entry of the judgment which
permanently restrains and enjoins him from violating the securities
offering provisions of Section 5 of the Securities Act of 1933 and
the antifraud provisions of Section 17(a) of the Securities Act and
Section 10(b) of the Securities Exchange Act of 1934 and Rule
10b-5.  The judgment also permanently restrains and enjoins him
from offering, operating, or participating in any marketing or
sales program in which a participant is compensated or promised
compensation solely or primarily (1) for inducing another person to
become a participant in the program, or (2) if such induced person
induces another to become a participant in the program.

To satisfy his financial obligation, the judgment orders Mr.
Rodrigues to transfer certain assets to settle an adversary action
against Rodrigues (among others) filed by Stephen Darr, the Chapter
11 Trustee of TelexFree LLC, TelexFree, Inc., and TelexFree
Financial, Inc., entitled Darr v. Carlos Wanzeler et al., Adv.
Proc. 16-04032, presently pending in the United States Bankruptcy
Court for the District of Massachusetts as part of In re TelexFree,
Inc., Case 14-40987 (Bankr. D.Mass.).

The Commission's litigation in this matter continues against the
TelexFree companies, their officers, and the remaining promoters of
the alleged TelexFree pyramid scheme.

The matter is captioned Securities and Exchange Commission v.
TelexFree, Inc. et al., Civil Action No. 1:14-cv-11858-NMG (United
States District Court for the District of Massachusetts).

                       About TelexFREE

TelexFREE -- http://www.TelexFREE.com/-- is a telecommunications  

business that uses multi-level marketing to assist in the
distribution of voice over internet protocol telephone services.
TelexFREE's retail VoIP product, 99TelexFREE, allows for unlimited
international calling to seventy countries for a flat monthly rate
of $49.90.  TelexFREE had over 700,000 associates or promoters
worldwide.

TelexFREE though was facing accusations of operating a $1
billion-plus pyramid scheme.

TelexFREE LLC and two affiliates sought bankruptcy protection
(Bankr. D. Nev. Lead Case No. 14-12525) on April 13, 2014.

Alvarez & Marsal North America, LLC is serving as restructuring
advisor and Greenberg Traurig, LLP and Gordon Silver are serving
as legal advisors to TelexFREE.  Kurtzman Carson Consultants LLC
serves as claims and noticing agent.

TelexFREE, LLC, estimated $50 million to $100 million in assets
and $100 million to $500 million in liabilities.

In May 2014, the Nevada bankruptcy court approved the motion by the
U.S. Securities & Exchange Commission to transfer the venue of the
Debtors' cases to the U.S. Bankruptcy Court for the District of
Massachusetts (Bankr. D. Mass. Case Nos. 14-40987, 14-40988 and
14-40989).


TEMBEC INC: S&P Puts 'B' CCR on CreditWatch Positive
----------------------------------------------------
S&P Global Ratings said it placed its ratings on Tembec Inc.,
including its 'B' long-term corporate credit rating on the company,
on CreditWatch with positive implications.

"The CreditWatch placement follows Tembec's receipt of a friendly
takeover offer from Rayonier Advanced Materials Inc.," said S&P
Global Ratings credit analyst Alessio Di Franceso.

The proposed purchase price is about US$807 million, including the
assumption of US$487 million of net debt at Tembec.

The CreditWatch placement reflects S&P's view that an upgrade is
likely on close of the proposed takeover, which S&P expects in
second-half 2017.  At that time, S&P expects the two companies to
merge and that Rayonier Advanced Materials Inc. (Rayonier AM) will
assume Tembec's debt outstanding.

S&P intends to resolve this CreditWatch on the acquisition's close,
expected in second-half 2017.  At that time, S&P would likely raise
its long-term corporate credit rating on Tembec to be in line with
that on Rayonier AM (BB-/Positive/--).


TEMBEC INDUSTRIES: Moody's Puts B2 CFR Under Review for Upgrade
---------------------------------------------------------------
Moody's Investors Service placed the B2 corporate family rating
(CFR), B2-PD probability of default rating (PDR) and B2 senior
secured note rating of Tembec Industries Inc. under review for an
upgrade. The review follows the company's announcement that it has
signed an agreement to be acquired by Ba3-rated Rayonier A.M.
Products Inc., the world's largest specialty cellulose pulp
manufacturer.

"The review for upgrade was prompted by the possibility that
Tembec's credit profile will improve once it is acquired by RYAM"
said Ed Sustar, Moody's Senior Vice President.

On Review for Upgrade:

Issuer: Tembec Industries Inc

-- Probability of Default Rating, Placed on Review for Upgrade,
    currently B2-PD

-- Corporate Family Rating, Placed on Review for Upgrade,
    currently B2

-- Senior Secured Regular Bond/Debenture, Placed on Review for
    Upgrade, currently B2(LGD4)

Outlook Actions:

Issuer: Tembec Industries Inc

-- Outlook, Changed To Rating Under Review From Stable

RATINGS RATIONALE

Moody's review will focus on the possible legal and/or implicit
credit support to be provided by RYAM; the final capital structure
and post-closing credit metrics, taking into consideration the debt
that may be refinanced by RYAM; the size, pace and allocations of
any cost synergies that can be realized; and Tembec's ability to
maintain good liquidity.

The acquisition is expected to close before the end of the 2017 and
is subject to shareholder approval and other customary closing
conditions.

The principal methodology used in this rating was Global Paper and
Forest Products Industry published in October 2013.

Headquartered in Montreal, Quebec, Tembec is an integrated paper
and forest products company with operations primarily in Canada and
a mill in France. With CND$1.5 billion in revenue, the company's
main operating segments include specialty cellulose pulp (30% of
sales, 42% of EBITDA), wood products (25%, 10%), paper (26%, 43%)
and high-yield pulp (19%, 5%).

Rayonier A.M. Products Inc, headquartered in Jacksonville, Florida,
is a leading global producer of specialty cellulose pulp, which is
used as a raw material to manufacture a diverse array of consumer
products such as cigarette filters as well as LCD screens, coatings
and plastic films.


TIDEWATER INC: Hires Epiq as Administrative Advisors
----------------------------------------------------
Tidewater Inc., et al., seek authority from the U.S. Bankruptcy
Court for the District of Delaware to employ Epiq Bankruptcy
Solutions, LLC, as administrative advisors to the Debtors.

Tidewater Inc. requires Epiq to:

   a. assist the Debtors in solicitation, balloting, tabulation,
      and calculation of votes, as well as preparing any
      appropriate reports, as required in furtherance of
      confirmation of any chapter 11 plan;

   b. generate an official ballot certification and testify,
      if necessary, in support of the ballot tabulation results
      for any chapter 11 plans in the cases;

   c. provide a confidential data room;

   d. provide assistance with preparation of the Debtors'
      schedules of assets and liabilities and statements of
      financial affairs;

   e. generate, provide and assist with claims objections,
      exhibits, claims reconciliation and related matters;

   f. manage any distributions pursuant to any confirmed chapter
      11 plan in the cases; and

   g. provide such other claims processing, noticing,
      solicitation, balloting, and administrative services
      described in the Services Agreement, but not included in
      the Section 156(c) Application, as may be requested by the
      Debtors from time to time.

Epiq will be paid at these hourly rates:

     Executives                                       No Charge
     Communication Consultant                         $395
     Executive Vice President, Solicitation           $215
     Solicitation Consultant                          $190
     Consultants/Directors/Vice Presidents            $160-$190
     Case Managers                                    $70-$165
     IT/Programming                                   $65-$85
     Clerical/Administrative Support                  $25-$45

Epiq will be paid a retainer in the amount of $25,000.

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

Brian Karpuk, director of Epiq Bankruptcy Solutions, LLC, assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and (a) is not
creditors, equity security holders or insiders of the Debtors; (b)
has not been, within two years before the date of the filing of the
Debtors' chapter 11 petition, directors, officers or employees of
the Debtors; 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.

Epiq can be reached at:

     Brian Karpuk
     EPIQ BANKRUPTCY SOLUTIONS, LLC
     824 N. Market Street, Suite 412
     Wilmington, DE 19801
     Tel: (302) 574-2600

                  About Tidewater Inc.

Founded in 1955, Tidewater, Inc. (NYSE: TDW) is a publicly traded
international petroleum service company headquartered in New
Orleans, Louisiana, U.S.  It operates a fleet of ships, providing
vessels and marine services to the offshore petroleum industry.

Tidewater Inc. and its affiliates sought Chapter 11 bankruptcy
protection (Bankr. D. Del. Lead Case No. 17-11132) on May 17, 2017.
The petitions were signed by Bruce Lundstrom, executive vice
president, general counsel and secretary.

Tidewater, Inc. disclosed $4.31 billion in total assets and $2.34
billion in debt as of Dec. 31, 2016.

The Debtors tapped Weil, Gotshal & Manges LLP as counsel; Richards,
Layton & Finger, P.A., as co-counsel; Jones Walker LLP, as
corporate counsel; AlixPartners, LLP, as financial advisors; Lazard
Freres & Co. LLC, as investment banker; KPMG LLP, as restructuring
tax consultant; Deloitte & Touche LLP as auditor and tax
consultant; and Epiq Bankruptcy Solutions, LLC, as administrative
advisors, and claims and solicitation agent.


TIDEWATER INC: Hires Jones Walker as Corporate Counsel
------------------------------------------------------
Tidewater Inc., et al., seek authority from the U.S. Bankruptcy
Court for the District of Delaware to employ Jones Walker LLP, as
corporate counsel to the Debtors.

Tidewater Inc. requires Jones Walker to:

   a. advise on compliance and reporting obligations under
      federal securities laws;

   b. provide general corporate advice;

   c. advise on issues of maritime law;

   d. advise on employee benefits and executive compensation; and

   e. assist in consummating certain transactions that may arise
      out of the chapter 11 cases and the Prepackaged Plan.

Jones Walker will be paid at these hourly rates:

     Partners                    $350-$500
     Associates                  $250-$350
     Paralegals                  $125

On October 18, 2016, Jones Walker received a $125,000 retainer from
the Debtors. As of the Petition Date, the balance of the retainer
was $21,685.90.

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

In accordance with Appendix B-Guidelines for Reviewing Applications
for Compensation and Reimbursement of Expenses Filed under 11
U.S.C. Sec. 330 for Attorneys in Larger Chapter 11 Cases, the
following is provided in response to the request for additional
information:

   a. Jones Walker did not agree to a variation of its standard
      or customary billing arrangement for this engagement.

   b. None of Jones Walker's professionals included in the
      engagement have varied their rate based on the geographic
      location of the chapter 11 cases.

   c. Jones Walker represented the Debtors for 26 years prior to
      the Petition Date. The billing rates and material financial
      terms in connection with such representation have not
      changed postpetition, other than due to annual and
      customary firm-wide adjustments to Jones Walker's hourly
      rates in the ordinary course of Jones Walker's business.

   d. Jones Walker will consult with the Debtors and agree upon
      an approved budget and staffing plan for Jones Walker's
      engagement for the period from the Petition Date through
      September 1, 2017. Consistent with the U.S. Trustee
      Guidelines, the budget may be amended as necessary to
      reflect changed or unanticipated developments.

Curtis R. Hearn, partner of Jones Walker 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 (a) is not creditors,
equity security holders or insiders of the Debtors; (b) has not
been, within two years before the date of the filing of the
Debtors' chapter 11 petition, directors, officers or employees of
the Debtors; 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.

Jones Walker can be reached at:

     Curtis R. Hearn, Esq.
     JONES WALKER LLP
     201 St. Charles Ave.
     New Orleans, LA 70170-5100
     Tel: (504) 582-8308
     Fax: (504) 589-8308

                   About Tidewater Inc.

Founded in 1955, Tidewater, Inc. (NYSE: TDW) is a publicly traded
international petroleum service company headquartered in New
Orleans, Louisiana, U.S.. It operates a fleet of ships, providing
vessels and marine services to the offshore petroleum industry.

Tidewater Inc. and its affiliates sought Chapter 11 bankruptcy
protection (Bankr. D. Del. Lead Case No. 17-11132) on May 17, 2017.
The petitions were signed by Bruce Lundstrom, executive vice
president, general counsel and secretary.

Tidewater, Inc. disclosed $4.31 billion in total assets and $2.34
billion in debt as of Dec. 31, 2016.

The Debtors tapped Weil, Gotshal & Manges LLP as counsel; Richards,
Layton & Finger, P.A., as co-counsel; Jones Walker LLP, as
corporate counsel; AlixPartners, LLP, as financial advisors; Lazard
Freres & Co. LLC, as investment banker; KPMG LLP, as restructuring
tax consultant; Deloitte & Touche LLP as auditor and tax
consultant; and Epiq Bankruptcy Solutions, LLC, as administrative
advisors, and claims and solicitation agent.


TIDEWATER INC: Hires KPMG as Tax Consultants
--------------------------------------------
Tidewater Inc., et al., seek authority from the U.S. Bankruptcy
Court for the District of Delaware to employ KPMG LLP, as tax
consultants to the Debtors.

Tidewater Inc. requires KPMG to:

-- Tax Services:

   (a) Tax Consulting Services: KPMG will provide analysis as
       to the federal, state, and local tax implications of the
       Debtors, including, but not limited to the following:

       (1) Analysis of any Section 382 issues, including a
           Sensitivity analysis to reflect the Section 382 impact
           of the proposed and hypothetical equity transactions
           pursuant to the restructuring and analysis of Section
           382(l)(5) and (l)(6);

       (2) Analysis of net unrealized built-in gains ("NUBIG")
           and net unrealized built-in losses ("NUBIL") and
           Notice 2003-65 as applied to the ownership change, if
           any, resulting from or in connection with the
           restructuring;

       (3) Analysis of the Debtors' tax attributes including net
           operating losses, tax basis in assets, and tax basis
           in stock of subsidiaries;

       (4) Analysis of cancellation of debt ("COD") income,
           Including the application of Section 108 and
           consolidated tax return regulations relating to the
           restructuring of non-intercompany debt  and  the  
           completed capitalization or settlement of intercompany
           debt;

       (5) Analysis of the application of the attribute reduction
           rules under Section 108(b) and Treasury Regulation
           Section 1.1502-28, including a benefit analysis of
           Section 108(b)(5) and 1017(b)(3)(D) elections;

       (6) Analysis of the tax implications of any internal
           reorganizations and proposal of restructuring
           alternatives;

       (7) Cash tax modeling;

       (8) Analysis of the tax implications of any dispositions
           of assets and subsidiary stock pursuant to the
           bankruptcy;

       (9) Analysis of potential bad debt and retirement tax
           losses;

       (10) Analysis of any proof of claims from tax authorities;

       (11) Analysis of the tax treatment of bankruptcy related
            costs;

       (12) Tax advisory services relating to any potential
            merger or acquisition with third parties including
            due diligence and structuring;

       (13) Analysis of the state and local tax implications of
            the foregoing; and

       (14) Analysis of any potential cash repatriation planning.

   (b) Valuation Services:

       (1) Estimation of the fair value of certain assets and
           liabilities as part of the Debtors' compliance with
           the financial reporting requirements under fresh start
           accounting.

       (2) Work with the Debtors to investigate the recognition
           and valuation of any unrecorded assets or liabilities,
           such as unfavorable contracts, or newly issued equity
           or hybrid securities, such as warrants and embedded
           derivatives.

   (c) Transfer Pricing Services: KPMG will provide transfer
       Pricing assistance related to the unilateral Advanced
       Pricing Agreement ("APA") with respect to the following:

       (1) Preparation of Annual Report for the fiscal year
           ending March 31, 2017 ("FY 2017") including: a.
           Preparing Debtors' APA annual submission for FY 2017;
           and b. Reviewing Debtors' implementation of the APA
           transfer pricing method and making recommendations to
           assist the Debtors in complying with the terms and
           agreements of the APA for FY 2017.

       (2) Assisting Debtors with renewal of APA that expires on
           March 31, 2017, specifically providing the following
           services: a. Developing a strategy for best handling
           the case; b. Assisting Debtors in its dealings with
           the Internal Revenue Service ("IRS"); c. Meeting the
           Debtors' team members as appropriate and necessary;
           d. Preparing submissions in response to the IRS APA
           team inquiries; e. Negotiating with the IRS; and
           f. Preparing annual reports.

-- Advisory Services:

     (a) Bankruptcy Accounting and Fresh Start Reporting: KPMG
         will support Debtors' management in addressing various
         bankruptcy and fresh start accounting and reporting for
         the Debtors' Chapter 11 bankruptcy in accordance with
         the United States Bankruptcy Code, including but not
         limited to the following: (1) To the extent requested,
         KPMG will assist management with the following: a.
         Planning an approach; b. Consideration of alternatives;
         and c. Research, analysis, implementation and
         documentation related to accounting and reporting the
         emergence from Chapter 11 and related bankruptcy
         transactions. (2) Assist in the preparation of the
         financial statements and footnotes and related
         registration statements due to the Chapter 11. As part
         of our services, we will provide support to management
         in the following areas: a. Assistance with project
         management, including the preparation and execution of
         project work plans, status reporting, issue tracking,
         and communication plans; b.  Assistance with the
         preparation of whitepapers that document the Debtors'
         conclusions on accounting issues,  key  assumptions,  
         methodologies and outcomes; c. Assistance with the
         assembly and documentation of support to facilitate the
         financial statement audit effort; d. Participation in
         discussions with auditors and other advisors to discuss
         accounting and reporting conclusions; and e. Assistance
         with the push down of valuation results and plan effects
         into the Debtors' sub-ledgers, books and records.

     (b) Co-sourcing Internal Audit: KPMG will assist the Debtors
         on an ongoing basis in performing specified internal
         audits to evaluate and help improve the effectiveness of
         risk management, control and governance processes,
         including but limited to the following: (1) Perform
         specified internal audits on behalf of the Debtors'
         Audit Committee and a senior member of Debtors'
         management specified by the Debtors; (2) Perform
         internal audits involving third parties, including
         preparing for fieldwork and perform on-site fieldwork
         with the following objectives: a. Assessing the third
         party's compliance with the relevant terms and
         conditions of the respective Service Level Agreements
         ("SL Agreement") between the Debtors and the third
         party, and the third party's compliance with the
         Debtors' corporate policies on use of agents,
         consultants, advisors and business partners; b.
         Summarize (as applicable based on the terms of the
         SL Agreement) significant non-compliance with the
         relevant terms and conditions of the SL Agreement;
         c. Assess the third party's compliance with the relevant
         Debtors' policies and procedures relating to the
         Debtors' transactions with the third party; d. Assess
         the internal controls environment of the third party
         relating to the Debtors' transactions with the third
         party; and e. Assess the accuracy and completeness of
         transactions reported and remitted on behalf of the
         Debtors by the Debtors' authorized agent. (3) Assist
         Debtors with performing tests of the design and
         operating effectiveness of the Debtors' internal control
         over financial reporting ("ICOFR") including but not
         limited to the following: a. Assist Debtors' management
         in its determination of testing scope, approach and
         detailed program; b. Following Debtors' determination of
         scope of testing, locations, processes, KPMG will assist
         Debtors in the summarization of financial and other
         information to help Debtors' management understand scope
         considerations; c. Agree on testing approach with
         Debtors' project sponsor; d. Assist Debtors' management
         in the development of a detailed testing program
         including the specific controls and the nature, timing
         and extent of testing procedures; e. Perform tests and
         document results; and f. Develop draft deliverable.
         (4) Assist Debtors with identifying and assessing key
         enterprise risks including assisting the Debtors in:

         a. Agreeing on work plan; b. Agreeing on any changes to
         the existing format for deliverables; c. Agreeing on any
         changes to the existing risk definitions, categories,
         ranking criteria, and risk assessment criteria; d.
         Gathering  updated  risk  information  and
         documentation; e. Reviewing existing enterprise risk
         assessment documentation and conduct structured
         interviews or surveys to identify any updates (e.g., new
         risks, modifications to existing risks, or removal of
         risks that are no longer applicable, for consideration;
         f. Identifying key mitigating actions for the identified
         risks; g. Conducting meetings with management to
         discuss, confirm and rank risks, agree risk positioning
         and identify key risks, including Top 10 risk
         inventory; and h. Agreeing on current state risk
         inventory.

-- Fiscal Year 2017 Compliance Reviews:

     (a) Assist the Debtors in conducting fiscal year 2017
         reviews to assess compliance with the Debtors' policies
         on anti-bribery and corruption;

     (b) Perform certain process and control audit procedures
         with regards to a vendor; and

     (c) Perform such other tasks related to these reviews as may
         be identified and mutually agreed to during the course
         of the agreement.

KPMG will be paid at these hourly rates:

     Partners/Managing Directors         $795
     Senior Managers                     $650
     Managers                            $560
     Senior Associates                   $480
     Associates                          $290
     Para-Professionals                  $210

KPMG received a retainer in the total amount of $400,000 before the
Petition Date, which was applied to outstanding services incurred
before the Petition Date.

Before the Petition Date, KPMG received $3,166,135.08, including
the retainer amounts, from the Debtors for professional services
performed and expenses incurred.

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

Olayinka Kukoyi, a partner at KPMG 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 (a) is not creditors, equity
security holders or insiders of the Debtors; (b) has not been,
within two years before the date of the filing of the Debtors'
chapter 11 petition, directors, officers or employees of the
Debtors; 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.

KPMG can be reached at:

     Olayinka Kukoyi
     KPMG LLP
     811 Main Street, Suite 4400
     Houston, TX 77002
     Tel: (713) 319-2000
     Fax: (713) 319-2041

                  About Tidewater Inc.

Founded in 1955, Tidewater, Inc. (NYSE: TDW) is a publicly traded
international petroleum service company headquartered in New
Orleans, Louisiana, U.S.. It operates a fleet of ships, providing
vessels and marine services to the offshore petroleum industry.

Tidewater Inc. and its affiliates sought Chapter 11 bankruptcy
protection (Bankr. D. Del. Lead Case No. 17-11132) on May 17, 2017.
The petitions were signed by Bruce Lundstrom, executive vice
president, general counsel and secretary.

Tidewater, Inc. disclosed $4.31 billion in total assets and $2.34
billion in debt as of Dec. 31, 2016.

The Debtors tapped Weil, Gotshal & Manges LLP as counsel; Richards,
Layton & Finger, P.A., as co-counsel; Jones Walker LLP, as
corporate counsel; AlixPartners, LLP, as financial advisors; Lazard
Freres & Co. LLC, as investment banker; KPMG LLP, as restructuring
tax consultant; Deloitte & Touche LLP as auditor and tax
consultant; and Epiq Bankruptcy Solutions, LLC, as administrative
advisors, and claims and solicitation agent.


TOTAL OFFICE-GSA: Seeks Interim Authority to Use Cash Collateral
----------------------------------------------------------------
Total Office Solutions-GSA, Inc., seeks interim authorization from
the U.S. Bankruptcy Court Middle District of Florida to use cash
collateral.

The Debtor will use the cash collateral during the interim cash
collateral period to pay normal business expenses, payroll, rent,
utilities and otherwise maintain and protect its property. As set
forth in the budget, the Debtor requires to use up to $17,851 of
cash collateral to fund all necessary operating expenses of its
business.

Fidelity Bank held a business line of credit with an approximate
outstanding balance of $1,540,000, secured by the Debtor's assets,
cash, accounts and future receivables. As adequate protection, the
Debtor proposes to provide Fidelity Bank a replacement lien on the
Debtor's receivables and the Debtor's projected positive cash flow.


The Debtor believes that the use of cash collateral is in the best
interest of its creditors and its estate because it will enable the
Debtor to (a) continue the orderly operation of its business and
avoid an immediate total shutdown of operations; (b) meet its
obligations for necessary ordinary course expenditures, and other
operating expenses; and (c) make payments authorized under other
orders entered by the Court, thereby avoiding immediate and
irreparable harm to the Debtor's estate.

If the Debtor cannot use cash collateral, it will be forced to
cease operations. By contrast, if the Debtor is allowed to use cash
collateral in order to maintain operations and preserve the going
concern value of its business, the Debtor will be able to
capitalize on that value through a reorganization strategy, and
ultimately facilitate the Debtor's ability to confirm a Chapter 11
plan.

A full-text copy of the Debtor's Motion, dated May 23, 2017, is
available at https://is.gd/SiLCPR

                          Hearing Abated

Judge Paul M. Glenn of the U.S. Bankruptcy Court for the Middle
District of Florida abated Total Office Solutions Inc.'s Emergency
Motion for Authority to Use Cash Collateral until the deficiency is
corrected.  Upon review, Judge Glenn has determined that the motion
does not include a signed and dated proof of service as required by
Local Rule 9013−1.

                   About Total Office Solutions

Total Office Solutions Inc. -- http://www.tosinc.com/-- creates
workplaces for businesses located in Jacksonville, Fla.  The
company provides support for new offices, including product sales,
installation, project management, space planning/design and move
management, among others.  

Total Office Solutions-GSA, Inc. and its affiliate Total Office
Solutions, Inc. separate Chapter 11 petitions (Bankr. M.D. Fla.
Case Nos. 17-01829 and 17-01830, respectively) on May 19, 2017. The
petitions were signed by Mark Chappell, president.

The Debtors are represented by Thomas C Adam, Esq., at Adam Law
Group, P.A.

Total Office Solutions-GSA disclosed $216,621 in assets and
$1,540,000 in liabilities; and Total Office Solutions disclosed
$2,330,000 in assets and $1,590,000 in liabilities, at the time of
filing.


TRADER MURPHY: Taps Grimble & LoGuidice as Legal Counsel
--------------------------------------------------------
Trader Murphy Corp. seeks approval from the U.S. Bankruptcy Court
for the Southern District of New York to hire a new legal counsel.

The Debtor proposes to hire Grimble & LoGuidice LLC to, among other
things, give legal advice regarding its duties under the Bankruptcy
Code, and provide other services related to its Chapter 11 case.
The firm will replace the Law Office of Maria Malave.

The hourly rates charged by the firm are:

     Partner       $300
     Associate     $250
     Paralegal      $75

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

The firm can be reached through:

     Robin LoGuidice, Esq.
     Grimble & LoGuidice LLC
     217 Broadway, Suite 304
     New York, NY 10007
     Phone: (212) 349-0450

                    About Trader Murphy Corp.

Trader Murphy Corp. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D.N.Y. Case No. 17-10955) on April 9,
2017.  Ramon Murphy, president, signed the petition.  At the time
of the filing, the Debtor estimated assets and liabilities of less
than $50,000.


TRAMMELL FAMILY LAKE: Wants to Move Plan Filing Period to Aug. 31
-----------------------------------------------------------------
Trammell Family Lake Martin Properties, LLC and Trammell Family
Orange Beach Properties, LLC request the U.S. Bankruptcy Court for
the Middle District of Alabama to extend their exclusive period to
file a Chapter 11 plan through August 31, 2017.

The Debtors are defendants in litigation in the U.S. District Court
for the Southern District of Alabama, entitled: SE Property
Holdings, LLC v. Center, case number 15-cv-00033 (S.D. Ala.).  The
Debtors relate that in this litigation, creditor SE Property
Holdings, LLC asserts that substantially all of the Debtors' assets
have been fraudulently transferred to the Debtors, and seeks to
unwind the transfers to divest the Debtors of their property.

The Debtors note that after the Bankruptcy Court granted SE
Property Holdings' motion for relief from the automatic stay to
pursue the fraudulent conveyance litigation, the Southern District
Court held a three-day trial that concluded on May 10, 2017, and
ordered the Parties to submit post-trial briefs no later than June
23, 2017.  No judgment has been issued in the fraudulent conveyance
litigation.

Accordingly, the Debtors anticipate that the Southern District
Court will need at least 30 days after it receives the post-trial
briefs to issue a conclusive ruling due to the complexity of the
fraudulent conveyance litigation and the amount of evidence at
issue.

The Debtors contend that if the Southern District Court enters
judgment in favor of the Debtors, the Debtors will need at least 30
days to prepare Chapter 11 plans and disclosure statements, and if
judgment favors SE Property Holdings, the need for such documents
might be obviated.

In addition, the Debtors aim to sell their real property to
preserve their remaining assets, and eventually file Chapter 11
liquidation plans.  Trammell Family Lake Martin Properties, LLC has
filed on April 27, 2017, a motion to sell its real property free
and clear of all liens, claims, and encumbrances, which has been
objected to by SE Property Holdings chiefly on the ground that the
sale should be held in abeyance until the Southern District Court
enters judgment in the fraudulent conveyance litigation.

In response to SE Property Holdings' motion, the Court continued
the motion to sell real property to July 25, 2017.

Trammell Family Orange Beach Properties, LLC is also listing its
real property for sale. However, it has not yet received any
offers.

               About Trammell Family Lake Martin

Trammell Family Lake Martin, LLC sought protection under Chapter 11
of the Bankruptcy Code (Bankr. M.D. Ala. Case No. 17-30260) on
January 30, 2017.  The petition was signed by Amy Brown, manager.
The case is assigned to Judge William R. Sawyer. At the time of the
filing, the Debtor estimated assets of $1 million to $10 million
and liabilities of less than $500,000.

The Debtor is represented by Lee R. Benton, Esq. and Samuel C.
Stephens, Esq. at Benton & Centeno, LLP.


TRC COS: S&P Affirms 'B' Rating on Sr. Sec. Credit Facilities
-------------------------------------------------------------
S&P Global Ratings affirmed its 'B' issue-level rating on TRC Cos.
Inc.'s senior secured credit facilities (revolver and term loan).
S&P's '3' recovery rating on the facilities remains unchanged,
indicating its expectation for meaningful recovery (50%-70%;
rounded estimate: 50%) in the event of a payment default.

TRC plans to issue a $10 million add-on to its proposed
$315 million first-lien term loan (totaling $325 million) and will
use the proceeds from the add-on to place additional cash on its
balance sheet.  The upsizing does not affect S&P's ratings on the
company's senior secured credit facilities and does not change its
forecast that the company will maintain a debt-to-EBITDA metric of
about 5x over the next 12 months and a free operating cash
flow-to-debt ratio of more than 5%.

S&P's ratings on TRC reflect the company's position as a niche
engineering, consulting, and construction management firm that
participates in multiple end markets across the U.S.  S&P's ratings
also incorporate the risks associated with its controlling
ownership by a private-equity sponsor, reflecting the potential
that its financial sponsor may increase its leverage over time.

                        RECOVERY ANALYSIS

Key analytical factors

   -- S&P affirmed its 'B' issue-level rating on the company's
      senior secured credit facilities (revolver and term loan).
      The '3' recovery rating remains unchanged.

   -- S&P's default scenario assumes macroeconomic weakness across

      TRC's key end markets that leads to prolonged deferrals or
      cancellations of numerous projects, which meaningfully
      impairs the company's earnings.

   -- S&P values the company on a going concern basis using a 5x
      multiple of S&P's projected emergence EBITDA.

Simulated default assumptions
   -- Simulated year of default: 2020
   -- EBITDA at emergence: $41 million
   -- EBITDA multiple: 5x

Simplified waterfall
   -- Net enterprise value (after 5% admin. exp.): $194 million
   -- Valuation split (obligors/nonobligors): 100%/0%
   -- Collateral value available to secured debt: $194 million
   -- Secured first-lien debt claims: $382 million
      -- Recovery expectations: 50%-70% (rounded estimate: 50%)
   -- Collateral available to unsecured and subordinated claims:
      $0 million
   -- Unsecured and subordinated claims: $194 million
      -- Recovery expectations: Not applicable

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

RATINGS LIST

TRC Cos. Inc.
Corporate Credit Rating        B/Stable/--

Ratings Affirmed; Recovery Rating Unchanged

TRC Cos. Inc.
Bolt Infrastructure Merger Sub Inc.
Snr Secd Credit Facilities     B
  Recovery Rating               3 (50%)


TRINET HR: S&P Affirms 'B+' CCR & Revises Outlook to Positive
-------------------------------------------------------------
S&P Global Ratings affirmed the 'B+' corporate credit rating on San
Leandro, Calif.–based TriNet HR Corp. and revised the rating
outlook to positive from stable.

At the same time, S& assigned a 'B+' corporate credit rating and
positive outlook to the parent company in the group, TriNet Group
Inc., the guarantor of TriNet HR Corp.'s debt.

Concurrently, S&P affirmed its 'BB' issue-level rating on the
group's first-lien credit facility, consisting of a $75 million
revolving credit facility, a $375 million term loan A, and a
$135 million term loan A-2, all due in 2019.  The recovery rating
remains '1', indicating S&P's expectation for very high (90%-100%;
rounded estimate: 95%) in the event of a payment default.  "The
positive outlook reflects the potential for a higher rating over
the next 12 months if the company sustains debt-to-EBITDA to below
3x for several consecutive quarters and resolves the problems
stemming from its internal control systems," said S&P Global
Ratings analyst Suyun Qu.  

If internal controls are improved sufficiently, S&P could raise the
rating if debt-to-EBITDA is sustained below 3x for several
consecutive quarters.  S&P believes TriNet is well positioned for
maintaining the stronger credit metrics, based on S&P's expectation
of increasing market share and, good cash flow.

S&P would revise its outlook back to stable if the company embarks
on debt-funded shareholder returns or acquisitions such that
debt-to-EBITDA is sustained above 3x.  S&P estimates this could
occur if debt increases by $150 million at current EBITDA levels.
S&P could also revise its outlook to stable if it faced
unanticipated large benefit claims, or if a difficult macro
environment led to a large number of small and medium-sized
business closures, such that EBITDA declined by 30%.


US DATAWORKS: Gets Final Court Approval of $150K Financing
----------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court granted
final approval to US Dataworks' D.I.P. financing motion.  As
previously reported, "The Debtor has obtained a commitment for a
fully underwritten $150,000 debtor-in-possession financing facility
(the 'DIP Facility') from TBB, who is to serve as the DIP Lender
and which also, intends to purchase the Debtor's assets. The DIP
Facility commitment received by the Debtor constitutes an important
endorsement of the Debtor and its plan to implement it chapter 11
plan of liquidation. The facility provides for a fully underwritten
$150,000 new money term loan to be advanced on a secured basis and
to be secured by a first priority priming lien against the Debtor's
property and assets. The DIP Facility will allow the Debtor to
undertake and complete certain urgent projects that are critical to
its efforts in this Case and will provide the Debtor with adequate
liquidity through its reorganization process. The Debtor seeks
immediate authority to borrow up to $150,000 under the DIP Facility
on an interim basis pursuant to the Interim Order."

                      About US Dataworks

US Dataworks, Inc. (otc pinksheets:UDWK)
--http://www.usdataworks.com/-- is a software and technology
provider serving the financial services sector.  The Company is
headquartered in Sugar Land, Texas.  The Debtor's board of
directors currently consists of two directors -- John Penrod and
Joe Saporito. Mr. Penrod is also the Debtor's CEO.  Mr. Saporito is
the CAO for Rackspace Managed Hosting.  Mr. John Penrod has been
with the Company since 2010 and also serves as its President.

US Dataworks, Inc., filed a Chapter 11 petition (Bankr. S.D. Tex.
Case No. 17-32765), on May 1, 2017.  John N. Penrod, chairman and
CEO, signed the petition.  The case is assigned to Judge Jeff Bohm.
At the time of filing, the Debtor disclosed $2.67 million in
assets and $3.98 million in liabilities.

The Debtor is represented by Wayne Kitchens, Esq., at Hughes
Watters Askanase LLP.

The U.S. Trustee has not yet appointed any official committee in
the Debtor's case, and no request has been made for the appointment
of a trustee or an examiner.


US DATAWORKS: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------
The Office of the U.S. Trustee on May 24 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of US Dataworks, Inc.

                       About US Dataworks

US Dataworks, Inc. (otc pinksheets:UDWK) --
http://www.usdataworks.com/-- is a software and technology
provider serving the financial services sector.  The Debtor is
headquartered in Sugar Land, Texas.  Its board of directors
currently consists of two directors ¬- John Penrod and Joe
Saporito.  Mr. Penrod is also the Debtor's CEO and president who
has been with the company since 2010.  Mr. Saporito is the CAO for
Rackspace Managed Hosting.  

The Debtor filed a Chapter 11 petition (Bankr. S.D. Tex. Case No.
17-32765) on May 1, 2017.  Mr. Penrod signed the petition.  At the
time of filing, the Debtor had $2.67 million in assets and $3.98
million in liabilities.

The case is assigned to Judge Jeff Bohm. The Debtor is represented
by Wayne Kitchens, Esq. at Hughes Watters Askanase LLP.

No trustee or examiner has been appointed in the case.


US SHIPPING: S&P Lowers CCR to 'B-' on Weaker Performance
---------------------------------------------------------
S&P Global Ratings said that it lowered its corporate credit rating
on New Jersey-based U.S. Shipping Corp. to 'B-' from 'B'. The
rating outlook is negative.

At the same time, S&P lowered the issue-level ratings on the
company's $10 million revolver due in 2020 and first-lien term loan
due in 2021 ($186 million outstanding as of March 31, 2017) to 'B'
from 'B+.'  The recovery rating on the facility remains '2',
indicating S&P's expectation for substantial recovery (70%-90%;
rounded estimate: 75%) in the event of a payment default.

The downgrade reflects S&P's view that challenging market
conditions have contributed to weaker operating performance than
S&P expected.  S&P now forecasts the company's adjusted
debt-to-EBITDA ratio to increase above 5x in the next 12 months,
given the company's increasing presence in a weak spot market,
which S&P views as riskier than long-term time charter contracts.
In addition, U.S. Shipping is hurt by a downward trend on rates, as
excess capacity in the market that has hurt contract negotiations.
Although S&P believes that the market may improve in the second
half of 2017, given S&P's expectation for elevated debt, S&P
revised its assessment of the company's financial risk profile to
highly leveraged from aggressive.

The negative outlook reflects at least a 1-in-3 possibility that
S&P could lower its ratings on U.S. Shipping within the next 12
months if the company encounters challenges renewing key contracts
and credit measures further deteriorate or liquidity weakens.  S&P
could also lower its ratings if it come to believe that U.S.
Shipping is dependent upon favorable business, financial, and
economic conditions to meet its financial commitments, or if S&P
views the company's financial obligations as unsustainable long
term, even though the company may not face a credit or payment
crisis within the next 12 months.

Despite S&P's expectation for elevated capital spending in 2018, it
could revise the outlook to stable over the next 12 months if
credit measures improve, with debt-leverage trending downward
towards 5x.  This could occur if, for example, the company renews
contracts at favorable rates, or if end-market conditions improve
and spot rates increase.


VP LITTCO: Hires Timothy C. Wilson as Accountant
------------------------------------------------
VP Littco, Inc., seeks authority from the U.S. Bankruptcy Court for
the Central District of Illinois to employ Timothy C. Wilson, CPA,
as accountant to the Debtor.

VP Littco requires Timothy C. Wilson to assist the Debtor in
preparing the necessary returns required in the Chapter 11
Bankruptcy proceedings.

Timothy C. Wilson will be paid at the hourly rate of $90.

Timothy C. Wilson will also be paid at a flat rate as follows:

   -Payroll tax liability calculations          $80 per month
   -Payroll Tax deposits online once
   -Sales tax liability calculation
   -Sales tax filing online

   -Preparation of quarterly payroll            $100 per quarter
    tax returns
   -Filing of returns online
   -Payment of liabilities online

   -Preparation of Form 1120                    $800 per annum
   -Corporate Income Tax Returns:

Timothy C. Wilson will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Timothy C. Wilson, 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.

Timothy C. Wilson can be reached at:

     Timothy C. Wilson
     108 W. Corrington Avenue
     Peoria, IL 61604
     Tel: (309) 685-2857

                   About VP Littco, Inc.

VP Littco Inc., d/b/a Glass Doctor of Peoria & Bloomington,
operates a glass installation and repair business, for both
commercial and residential customers, under a franchise agreement.
VP Littco Inc. filed a Chapter 11 petition (Bankr. C.D. Ill. Case
No. 17-80599) on April 24, 2017. Rafool, Bourne & Shelby, P.C., is
serving as counsel to the Debtor.


WEBSTER RESTAURANTS: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------------------
The Office of the U.S. Trustee on May 24 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Webster Restaurants, Ltd.

                    About Webster Restaurants

Webster Restaurants, Ltd., based in Houston, Texas, filed a Chapter
11 petition (Bankr. S.D. Tex. Case No. 17-32793) on May 1, 2017.  

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by David J.
Felt, president of GP, Healthcare Logistics, Inc.

The Hon. Jeff Bohm presides over the case. Margaret M. McClure,
Esq., at the Law Office of Margaret M. McClure, serves as
bankruptcy counsel.


WESTECH CAPITAL: Files 2nd Amended Disclosure Statement
-------------------------------------------------------
BankruptcyData.com reported that Westech Capital's Chapter 11
trustee, on May 22, 2017, filed with the U.S. Bankruptcy Court a
Chapter 11 Plan (as Corrected) and a Second Amended Disclosure
Statement. According to documents filed with the Court, "The
Trustee has asserted claims against Salamone and other insiders for
preferences and transfers arising from payments made to them and/or
for their benefit after his employment contract expired. The
Trustee is investigating and reserves all claims against Halder,
and other insiders, for preferences and fraudulent transfers made
at any time. The Trustee is investigating claims against Jim
Palotta, Peter Monaco, Raptor Group, Al Gordon, and Dan Zwirn
connected with the Braver Stern transaction, and all rights to seek
recovery on such claims are expressly preserved to the Revested
Debtor. The Trustee is investigating claims against Mike Dura for
breach of duty in connection with the retention and termination of
James Fellus and all rights to seek recovery on such claims are
expressly preserved to the Revested Debtor."

                    About Westech Capital Corp.

Westech Capital Corp is a financial services holding company.  Its
primary business operating subsidiary is Tejas Securities Group,
Inc.

Westech Capital Corp., fka Tejas, Inc., filed for Chapter 11
bankruptcy (Bankr. W.D. Tex. Case No. 16-10300) on March 14, 2016.
The petition was signed by Gary Salamone, CEO.

Westech estimated $1 million to $10 million in both assets and
liabilities.

Stephen A. Roberts, Esq., at Strasburger & Price, serves as
counsel.


WESTINGHOUSE ELECTRIC: Sale of Derry Property for $921K Approved
----------------------------------------------------------------
Judge Michael E. Wiles of the U.S. Bankruptcy Court for the
Southern District of New York authorized the private sale by
Westinghouse Electric Co., LLC ("WEC") and affiliates of 72.2 acres
of undeveloped land located in Derry Township, Westmoreland County,
Pennsylvania, to Sunoco Pipeline L.P. for $920,550.

A hearing on the Motion was held on May 23, 2017.

WEC owns 246.8395 acres of land situated in Derry Township,
Westmoreland County Pennsylvania.  The Debtor and the Buyer entered
into Purchase and Sale Agreement dated Jan. 26, 2017, that provides
for the sale of approximately 72.2 acres of undeveloped land on the
Blairsville Property to Sunoco for $920,550.  The Property is not a
core asset of the Debtors' estates, and is not material to the
Debtors' ongoing operations or revenue-generating capacity.

All liens on the Debtors' assets that are subject to the
Transactions will attach to the proceeds thereof with the same
priority existing prior to the consummation of the Transaction.

Notwithstanding Bankruptcy Rule 6004(h), the Order will be
immediately effective and enforceable upon its entry.

Nothing contained in the Motion or the Order, nor any payment made
pursuant to the Order, will be dispositive with respect to any
future allocation of responsibility between and among Debtors and
non-debtors for such payment, and all rights with respect thereto
are expressly reserved by the statutory committee of unsecured
claimholders appointed in the Debtors' cases.

                  About Westinghouse Electric

Westinghouse Electric Company LLC --
http://www.westinghousenuclear.com/-- is a U.S. based nuclear     

power company founded in 1999 that provides design work and
start-up help for new nuclear power plants and makes many of the
components.  Westinghouse manufactures and supplies the commercial
fuel products needed to run the plants, and it offers training,
engineering, maintenance, and quality management services.  Almost
50% of nuclear power plants around the world and about 60% of U.S.
plants are based on Westinghouse's technology.  Westinghouse's
world headquarters are located in the Pittsburgh suburb of
Cranberry Township, Pennsylvania.  

On Oct. 16, 2006, Westinghouse Electric was sold for $5.4 billion
to a group comprising of Toshiba (77% share), partners The Shaw
Group (20% share), and Ishikawajima-Harima Heavy Industries Co.
Ltd. (3% share).  After purchasing part of Shaw's stake in 2013,
Japan-based conglomerate Toshiba obtained ownership of 87% of
Westinghouse.

Amid cost overruns at U.S. nuclear reactors it was building,
Westinghouse Electric Company LLC, along with 29 affiliates, filed
voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code (Bankr. S.D.N.Y. Case No. 17-10751) on
March 29, 2017.  The petitions were signed by AlixPartners'
Lisa J. Donahue, chief transition and development officer.

The Debtors listed total assets of $4.32 billion and total
liabilities of $9.39 billion as of Feb. 28, 2017.

The Hon. Michael E. Wiles presides over the cases.  

Gary T. Holtzer, Esq., Robert J. Lemons, Esq., Garrett A. Fail,
Esq., and David N. Griffiths, Esq., at Weil, Gotshal & Manges LLP,
serve as counsel to the Debtors.  AlixPartners LLP serves as the
Debtors' financial advisor.  The Debtors' investment banker is PJT
Partners Inc.  Their claims and noticing agent is Kurtzman Carson
Consultants LLC.

Toshiba Nuclear Energy Holdings (UK) Ltd. is represented by Albert
Togut, Esq., Brian F. Moore, Esq., and Kyle J. Ortiz, Esq., at
Togut, Segal & Segal LLP.

The statutory unsecured claimholders committee formed in the case
tapped Proskauer Rose LLP as counsel, with the engagement led by
partner Martin J. Bienenstock, the chair of the firm's Business
Solutions, Governance, Restructuring & Bankruptcy Group; partner
Timothy Q. Karcher; and senior associate Vincent Indelicato.


WILLOW BEND: Hires Fletcher & Associates as Accountant
------------------------------------------------------
Willow Bend Ventures, LLC, seeks authority from the U.S. Bankruptcy
Court for the Eastern District of Louisiana to employ Fletcher &
Associates, LLC, as accountant to the Debtor.

Willow Bend requires Fletcher & Associates to prepare the Debtor's
periodic statements of operation as debtor-in-possession as
required by the rules of the Bankruptcy Court.

Fletcher & Associates will be paid at these hourly rates:

     Accountant                    $70-$130
     Bookkeeper                    $55

Fletcher & Associates will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Wayne A. Fletcher, CPA, 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.

Fletcher & Associates can be reached at:

     Wayne A. Fletcher
     198-A Commercial Square
     Slidell, Louisiana 70461
     Telephone: (985) 649-2477
     Facsimile: (985) 649-8126
     Email: wayne@fletchertax.com

                   About Willow Bend Ventures, LLC

Based in Carriere, Mississippi, Willow Bend Ventures, LLC sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. E.D. La.
Case No. 17-11178) on May 9, 2017. The petition was signed by
Hensley R. Lee, manager.

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 Elizabeth W. Magner.


WINEBOW GROUP: S&P Lowers CCR to 'B-' on Higher Leverage
--------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on Glen
Allen, Va.-based Winebow Holdings Inc. to 'B-' from 'B'.  The
outlook is negative.  Winebow had reported debt totaling
$453.5 million as of March 31, 2017.

S&P also lowered its issue-level rating on the company's
$230 million first-lien term loan due 2021 to 'B-' from 'B'.  The
'3' recovery rating reflects S&P's expectation of meaningful
(50% - 70%; rounded estimate: 55%) recovery in the event of payment
default.  S&P also lowered the issue-level rating on the $130
million second-lien term loan due 2021 to 'CCC' from 'CCC+'. The
'6' recovery rating reflects S&P's expectation of a negligible (0%
- 10%; rounded estimate: 0%) recovery in the event of payment
default.

"The downgrade and negative outlook reflect our opinion that
leverage will remain higher than originally anticipated over the
next several quarters of fiscal 2018," said S&P Global Ratings
credit analyst Francis Cusimano.  S&P expects this to continue
until the company restores positive free cash flow as it works
through elevated inventory levels and implementation of cost
reduction efforts while better leveraging its growing wholesaling
relationships following a string of acquisitions.  Any disruptions
in these near-term operating initiatives could prevent the company
from generating the earnings growth necessary to produce positive
free operating cash flow in 2018 and reduce leverage in line with
our forecast.  The company's inventory levels remain elevated
following the string of acquisitions, brand additions and a
weaker-than-expected holiday season, which will prevent the company
from meaningfully reducing working capital and generating
meaningful positive free operating cash flow to repay working
capital borrowings until after the fourth calendar quarter' holiday
season in 2017.  At the same time, revolver availability may become
moderately constrained and pressure its currently adequate
liquidity levels as the company builds seasonal inventories in the
coming quarters while still selling off last year's inventories
(S&P estimates a possibility of less than $20 million of borrowing
base availability if inventories are not sold as planned).

The negative outlook reflects S&P's expectation for credit metrics
in fiscal 2017 to remain weaker than its initial expectations and
not rebound until 2018 when free cash flow is projected to turn
positive once the company sells through excess inventory, reduces
headcount and successfully executes on their new brand additions,
permitting modest debt reduction.  Based on S&P's revised
projections it expects the company's debt to EBITDA to be around
10x in 2017 compared to S&P's original expectations of around 8x.


WK MANAGEMENT: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------------
The Office of the U.S. Trustee on May 24 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of WK Management Services, Inc.

WK Management is represented by:

     John Vincent Burger, Esq.
     Burger Law Firm
     4151 Southwest Frwy, Suite 770
     Houston, TX 77027
     Tel: 713-960-9696
     Fax: 713-961-4403
     Email: bankruptcy@burgerlawfirm.com

                  About WK Management Services

WK Management Services, Inc. owns approximately 3,460 acres of
unimproved land located in the Bolivar Peninsula of Galveston,
Galveston County, Texas.  It is a real estate holding company which
intends to subdivide its interest in the unimproved real estate in
Galveston County, Texas, to satisfy allowed claims against it.  The
Debtor believes that the property is worth between $40 million and
$84 million, with liens asserted against it by TCA Global Credit
Master Fund, LP, a Grand Cayman corporation, which asserts a debt
against the Debtor in the amount of $16.5 million arising out of
two extensions of credit in the original principal amount of $7.3
million.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Texas Case No. 17-80138) on May 1, 2017.  Bryan
Scott Jarnagin, president, signed the petition.  

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

Judge Marvin Isgur presides over the case.


WONDERWORK INC: Exclusive Plan Filing Period Extended to Aug. 26
----------------------------------------------------------------
Judge Mary Kay Vyskocil of the U.S. Bankruptcy Court for the
Southern District of New York extended WonderWork, Inc.'s exclusive
period to file a chapter 11 plan and to solicit acceptances of a
chapter 11 plan, through and including August 26, 2017 and October
25, 2017, respectively.

The Troubled Company Reporter has previously reported that the
Debtor asked the Court to extend its exclusivity periods, saying it
has moved for authorization to assume its main office lease.  The
Debtor also moved for authorization to retain BDO to audit its
books and records for Fiscal Year 2016.  Following the completion
of the audit and the examiner's report, the Debtor will be in a
better position to formulate a plan because, among other reasons,
(i) a third-party will have confirmed the amount of the restricted
and unrestricted figures held by the Debtor, (ii) the Debtor will
be able to incorporate any appropriate recommendations contained in
the examiner's report into its plan of reorganization, and (iii)
the Debtor will have a better understanding of any prepetition
claims that may exist.

In addition, since the Court granted the Debtor's motion to lift
the stay to pursue its appeal from Help Me See, Inc.'s arbitration
award on Feb. 17, 2017, the Debtor will be in a position to perfect
its appeal in a timely manner. The Debtor intends to perfect its
appeal before the deadline for the September term.

Other than HMS, the Debtor maintained virtually unanimous support
from its creditors -- a fact that wholly undercuts HMS's baseless
claims of rampant fraud and mismanagement.  The additional time
will allow the Debtor to have more discussions with its creditors
prior to drafting a plan of reorganization.

The Debtor also note that the participation of Assistant Attorney
General Carl Distefano in this matter may also assist in the
Debtor's negotiation with its creditors, especially HMS.  The
Attorney General's expertise and background in issues related to
restricted gifts, as well as the office's frequent role as a
facilitator of settlements between charities, increases the
likelihood that the parties may find a mutually satisfactory
resolution of the issues that separate them.

The Debtor had approximately $7.5 million in unrestricted funds.
Moreover, it had received, and continues to receive, substantial
support from its creditor base (other than HMS).  Thus, the Debtor
had a reasonable prospect of filing a confirmable plan of
reorganization.  In the alternative, if the Exclusive Periods were
not extended, HMS will certainly seek to confirm a plan of
liquidation to the detriment of all creditors.

                      About Wonderwork, Inc.

Wonderwork, Inc., is a charity that has provided grants to fund
over 220,000 surgeries in just six years.  The Debtor filed a
Chapter 11 petition (Bankr. S.D.N.Y. Case No. 16-13607) on Dec. 29,
2016, and is represented by Aaron R. Cahn, Esq., in New York, New
York. The petition was signed by Brian Mullaney, chief executive
officer.  At the time of filing, the Debtor had $10 million to $50
million in estimated assets and $10 million to $50 million in
estimated debts.


ZACHRY HOLDINGS: Moody's Revises Outlook Stable & Affirms B1 CFR
----------------------------------------------------------------
Moody's Investors Service changed Zachry Holdings, Inc.'s outlook
to stable from positive. At the same time, Moody's affirmed the B1
corporate family rating, B1-PD probability of default rating and
the B2 rating on Zachry's senior unsecured notes. The change in
outlook reflects the recent deterioration in Zachry's operating
results and backlog of orders and the expectation the backlog trend
will remain weak in the near term.

The following ratings were affected in this rating action:

Outlook Actions:

-- Changed To Stable From Positive

Affirmations:

-- Probability of Default Rating, Affirmed B1-PD

-- Corporate Family Rating, Affirmed B1

-- $250 Million Senior Unsecured Notes due 2020, Affirmed B2
    (LGD5)

RATINGS RATIONALE

The B1 corporate family rating reflects Zachry's relatively small
size, low margins and lack of geographic and end-market
diversification versus other rated engineering and construction
companies. The company is primarily focused on the cyclical
domestic energy sector and has little exposure to other end-markets
and geographic regions. The rating also reflects its declining
order backlog and reliance on a few key projects for a material
percentage of its near term revenues. Zachry's ratings are
supported by the company's relatively conservative financial
policies, modest leverage and ample interest coverage. Zachry's
adequate liquidity profile also supports its rating along with a
lack of near-term debt maturities.

Zachry's operating results strengthened significantly over the past
two years supported by work on a few sizeable projects including
the construction of three LNG liquefaction trains for Freeport LNG,
two polyethylene units for Chevron Phillips Chemical Company LLC
(A2 stable) and two gas turbine power generating units for Exelon
Corporation (Baa2 stable). These projects enabled the company to
produce adjusted EBITDA of $226 million in 2015 and $265 million in
2016 versus an EBITDA range of $134 million to $142 million in the
prior three years. The substantially improved operating performance
led to much stronger credit metrics. Zachry's leverage ratio
(Debt/EBITDA) declined to 2.0x in December 2016 from 3.1x in
December 2014 while its interest coverage ratio (EBITA/Interest
Expense) rose to 4.3x from 2.5x. These metrics are strong for the
company's rating, but are expected to weaken along with its
operating results in 2017.

Zachry has not been able to secure additional work to compensate
for the winding down of work on a few sizeable projects. The
company's backlog of orders has steadily declined to $3.9 billion
as of March 2017 versus a peak of $6.5 billion in December 2014.
The lower backlog along with limited short term opportunities to
book additional work will result in a weaker operating performance.
Moody's expects the company to produce full year 2017 revenues in
the range of $3.0 billion to $3.2 billion and adjusted EBITDA of
$220 million to $240 million versus $3.6 billion in revenues and
$266 million of adjusted EBITDA in 2016. This should lead to a
moderate deterioration in Zachry's credit metrics, with its
adjusted leverage ratio rising to about 2.5x and its interest
coverage declining to around 3.0x. These metrics could deteriorate
further in 2018 if the company is not able to quickly reverse the
weakening trend in its backlog of orders.

Zachry has a good liquidity profile and no debt maturities until
2020. The company had $427 million of cash and $250 of borrowing
availability on its $650 million senior secured revolving credit
facility as of March 2017. Zachry had $294 million of letters of
credit outstanding and no borrowings on the revolver, which is
typically used for financial and performance letters of credit.
Zachry's cash balance declined by $156 million in the first quarter
due to the acquisition of Ambitech Engineering in February 2017 and
negative operating cash flows in the first quarter. However,
Moody's expects free cash flow to be positive for the remainder of
2017 and for the company to maintain an elevated cash balance.

The stable outlook reflects the expectation that Zachry's operating
performance and credit metrics will deteriorate moderately over the
next 12 to 18 months as the company works through its backlog of
orders, but that its credit metrics will remain strong for its
rating.

An upgrade of Zachry's ratings could occur if the company maintains
a leverage ratio (Debt/EBITDA) below 4.0x and an interest coverage
ratio (EBITA/Interest Expense) above 2.5x while experiencing an
improved trend of new orders, a stronger backlog, revenues of at
least $3 billion and EBITA of at least $125 million.

Negative rating pressure is unlikely in the near term, but could
develop if deteriorating operating results, debt financed
acquisitions or shareholder dividends result in funds from
operations (CF from operations before working capital changes)
declining below 20% of outstanding debt or cash & marketable
securities dropping below 40% of outstanding debt. A significant
reduction in borrowing availability or liquidity could also result
in a downgrade.

The principal methodology used in these ratings was Construction
Industry published in March 2017.

Headquartered in San Antonio, Texas, Zachry Holdings is a
domestically focused provider of engineering, procurement,
construction, turnaround and maintenance services. The company's
EPC business provides engineering, procurement and construction
services to the domestic midstream and downstream energy and power
sectors on both a cost reimbursable and lump sum basis. The
Turnarounds and Maintenance business performs maintenance, overhaul
and repair services for the refinery, chemical and petrochemical
sectors. The company generated $3.5 billion in revenues for the
trailing 12-month period ended March 31, 2017.


[*] 24th Annual Distressed Investing Conference - Nov. 27, 2017
---------------------------------------------------------------
Beard Group, Inc., will be hosting the 24th Annual Distressed
Investing Conference on Mon., Nov. 27, 2017 -- the Monday following
Thanksgiving Day -- at The Harmonie Club in Midtown Manhattan.  

Sponsorship and speaking opportunities are available.  Contact
Joseph S. Cardillo at joseph@beardgroup.com or (856) 381-8268 by
e-mail or Peter A. Chapman at peter@beardgroup.com by e-mail or
(215) 945-7000 by telephone for more information.

This conference is the oldest and most established event in the
distressed debt community, attracting more than 200 of the top
corporate restructuring professionals.

Information about last year's conference is available at
http://bankrupt.com/DI2016/and Beard Group was honored to have
these firms participate in last year's conference:

     * A.L. Sarroff Management, LLC
     * Berkeley Research Group LLC
     * Birch Lake Holdings L.P.
     * Bracewell
     * Broadbill Investment Partners LP
     * Brown Rudnick
     * Bryan Cave LLP
     * Bryan, Mansell & Tilley LLP
     * Cleary Gottlieb Steen & Hamilton
     * Columbia Business School
     * Conway MacKenzie, Inc.
     * Debevoise & Plimpton
     * Debtwire
     * Development Specialists, Inc.
     * Dhalion Advisors LP
     * Elliott Management Corp.
     * Fairfield University
     * Foley & Lardner LLP
     * Freshfields Bruckhaus Deringer LLP
     * Goldman, Sachs & Co.
     * Graham Fisher & Co.
     * Grant & Eisenhofer
     * Greenberg Traurig, LLP
     * Innovation Brain
     * Jones Day
     * JP Morgan
     * Kase Capital Management
     * Kasowitz, Benson, Torres & Friedman LLP
     * Kirkland & Ellis
     * Miller Buckfire & Co., LLC
     * Morrison & Foerster
     * Mortgage Bankers Association
     * Murdock Capital Partners
     * NYU Stern School of Business
     * O'Melveny & Myers
     * Owl Creek Asset Management, L.P.
     * Paulson & Co. Inc.
     * Perini Capital
     * Perry Capital
     * Pershing Square Capital Management LP
     * PJT Partners Inc.
     * Quest Turnaround Advisors
     * Reorg Research, Inc.
     * Reuters
     * Richards, Layton & Finger
     * Ruppert Fux Landmann GmbH
     * S&P Global Market Intelligence
     * Stroock & Stroock & Lavan
     * Sullivan & Cromwell
     * The Delaware Bay Company LLC
     * The New York Times
     * Triage Capital Management
     * U.S. Bankruptcy Court (S.D.N.Y.)
     * UBS Financial Services Inc.
     * Virtus Capital, LP
     * Walkers Global
     * Weil Gotshal & Manges
     * White & Case LLP


[*] House Passes Bill for Addition of 4 Bankruptcy Judgeships
-------------------------------------------------------------
Michael Macagnone of Bankruptcy Law360 reports that the U.S. House
of Representatives has passed a bill, the Bankruptcy Judgeship Act
of 2017, which specifically adds four bankruptcy judgeships and
convert 14 temporary ones in Delaware, Florida, Virginia, Maryland,
Michigan, Nevada, North Carolina and Puerto Rico to permanent
positions.

The bill, Law360 cites, also increases filing fees for the largest
of the Chapter 11 filers in the system -- with filers with more
than $1 million in disbursements each quarter to have an increase
of 1 percent or $250,000, whichever is less, to the quarterly fee
paid to the U.S. Trustee System Fund.


[^] BOND PRICING: For the Week from May 22 to 26, 2017
------------------------------------------------------
  Company                     Ticker  Coupon Bid Price   Maturity
  -------                     ------  ------ ---------   --------
A. M. Castle & Co             CASL     5.250    16.117 12/30/2019
A. M. Castle & Co             CASL     7.000    58.000 12/15/2017
Alpha Appalachia
  Holdings Inc                ANR      3.250     0.750   8/1/2015
American Eagle Energy Corp    AMZG    11.000     0.933   9/1/2019
Armstrong Energy Inc          ARMS    11.750    50.500 12/15/2019
Armstrong Energy Inc          ARMS    11.750    50.500 12/15/2019
Avaya Inc                     AVYA    10.500    13.750   3/1/2021
Avaya Inc                     AVYA    10.500    16.000   3/1/2021
BPZ Resources Inc             BPZR     6.500     3.017   3/1/2015
BPZ Resources Inc             BPZR     6.500     3.017   3/1/2049
Bank of America Corp          BAC      2.145   100.000   6/2/2017
Bon-Ton Department
  Stores Inc/The              BONT     8.000    37.625  6/15/2021
BreitBurn Energy
  Partners LP / BreitBurn
  Finance Corp                BBEP     8.625    34.750 10/15/2020
BreitBurn Energy
  Partners LP / BreitBurn
  Finance Corp                BBEP     8.625    33.875 10/15/2020
BreitBurn Energy
  Partners LP / BreitBurn
  Finance Corp                BBEP     8.625    33.875 10/15/2020
CEDC Finance Corp
  International Inc           CEDC    10.000    23.375  4/30/2018
Caesars Entertainment
  Operating Co Inc            CZR      5.750    79.875  10/1/2017
Chassix Holdings Inc          CHASSX  10.000     8.000 12/15/2018
Chassix Holdings Inc          CHASSX  10.000     8.000 12/15/2018
Chukchansi Economic
  Development Authority       CHUKCH   9.750    41.375  5/30/2020
Chukchansi Economic
  Development Authority       CHUKCH   9.750    41.375  5/30/2020
Cinedigm Corp                 CIDM     5.500    28.625  4/15/2035
Claire's Stores Inc           CLE      9.000    48.750  3/15/2019
Claire's Stores Inc           CLE      8.875    11.000  3/15/2019
Claire's Stores Inc           CLE      6.125    42.750  3/15/2020
Claire's Stores Inc           CLE      7.750    12.000   6/1/2020
Claire's Stores Inc           CLE      9.000    46.250  3/15/2019
Claire's Stores Inc           CLE      9.000    48.625  3/15/2019
Claire's Stores Inc           CLE      6.125    40.750  3/15/2020
Claire's Stores Inc           CLE      7.750    12.000   6/1/2020
Cobalt International
  Energy Inc                  CIE      2.625    35.750  12/1/2019
Cumulus Media Holdings Inc    CMLS     7.750    27.881   5/1/2019
Emergent Capital Inc          EMGC     8.500    44.186  2/15/2019
Energy Conversion
  Devices Inc                 ENER     3.000     7.875  6/15/2013
Energy Future Holdings Corp   TXU      6.500    13.500 11/15/2024
Energy Future Holdings Corp   TXU      6.550    10.125 11/15/2034
Energy Future Holdings Corp   TXU      5.550     6.500 11/15/2014
Energy Future Holdings Corp   TXU      9.750    29.250 10/15/2019
Energy Future Intermediate
  Holding Co LLC / EFIH
  Finance Inc                 TXU     11.250    34.000  12/1/2018
Energy Future Intermediate
  Holding Co LLC / EFIH
  Finance Inc                 TXU     11.250    30.000  12/1/2018
Energy Future Intermediate
  Holding Co LLC / EFIH
  Finance Inc                 TXU      9.750    34.250 10/15/2019
Fleetwood Enterprises Inc     FLTW    14.000     3.557 12/15/2011
Global Brokerage Inc          GLBR     2.250    42.000  6/15/2018
Goodman Networks Inc          GOODNT  12.125    38.000   7/1/2018
Gymboree Corp/The             GYMB     9.125     5.000  12/1/2018
Homer City Generation LP      HOMCTY   8.137    38.750  10/1/2019
Illinois Power Generating Co  DYN      7.000    33.000  4/15/2018
Illinois Power Generating Co  DYN      6.300    36.250   4/1/2020
IronGate Energy Services LLC  IRONGT  11.000    37.250   7/1/2018
IronGate Energy Services LLC  IRONGT  11.000    35.625   7/1/2018
IronGate Energy Services LLC  IRONGT  11.000    35.625   7/1/2018
IronGate Energy Services LLC  IRONGT  11.000    35.625   7/1/2018
Jack Cooper Holdings Corp     JKCOOP   9.250    37.250   6/1/2020
James River Coal Co           JRCC     7.875     1.383   4/1/2019
Las Vegas Monorail Co         LASVMC   5.500     0.833  7/15/2019
Lehman Brothers Holdings Inc  LEH      2.000     3.326   3/3/2009
Lehman Brothers Holdings Inc  LEH      1.383     3.326  6/15/2009
Lehman Brothers Holdings Inc  LEH      1.500     3.326  3/29/2013
Lehman Brothers Holdings Inc  LEH      2.070     3.326  6/15/2009
Lehman Brothers Holdings Inc  LEH      4.000     3.326  4/30/2009
Lehman Brothers Holdings Inc  LEH      1.600     3.326  11/5/2011
Lehman Brothers Holdings Inc  LEH      5.000     3.326   2/7/2009
Lehman Brothers Inc           LEH      7.500     1.226   8/1/2026
Lumbermens Mutual
  Casualty Co                 KEMPER   9.150     0.919   7/1/2026
Lumbermens Mutual
  Casualty Co                 KEMPER   8.450     0.637  12/1/2097
Lumbermens Mutual
  Casualty Co                 KEMPER   8.300     0.320  12/1/2037
MF Global Holdings Ltd        MF       3.375    27.500   8/1/2018
MModal Inc                    MODL    10.750    10.125  8/15/2020
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC            MPO     10.750     0.473  10/1/2020
Mirant Mid-Atlantic
  Series B Pass Through Trust GENONE   9.125    97.250  6/30/2017
NRG REMA LLC                  GENONE   9.237    82.652   7/2/2017
New Gulf Resources LLC/
  NGR Finance Corp            NGREFN  12.250     2.795  5/15/2019
New Gulf Resources LLC/
  NGR Finance Corp            NGREFN  12.250     2.795  5/15/2019
New Gulf Resources LLC/
  NGR Finance Corp            NGREFN  12.250     2.795  5/15/2019
Nine West Holdings Inc        JNY      6.875    22.488  3/15/2019
Nine West Holdings Inc        JNY      8.250    25.000  3/15/2019
Nine West Holdings Inc        JNY      8.250    25.000  3/15/2019
Nuverra Environmental
  Solutions Inc               NESC    12.500    24.375  4/15/2021
OMX Timber Finance
  Investments II LLC          OMX      5.540     9.250  1/29/2020
Permian Holdings Inc          PRMIAN  10.500    29.125  1/15/2018
Permian Holdings Inc          PRMIAN  10.500    29.125  1/15/2018
Pernix Therapeutics
  Holdings Inc                PTX      4.250    31.000   4/1/2021
Pernix Therapeutics
  Holdings Inc                PTX      4.250    27.762   4/1/2021
Prospect Holding Co LLC /
  Prospect Holding
  Finance Co                  PRSPCT  10.250    48.250  10/1/2018
Rex Energy Corp               REXX     8.875    48.400  12/1/2020
River Rock
  Entertainment Authority     RIVER    9.000    20.500  11/1/2018
Rolta LLC                     RLTAIN  10.750    21.784  5/16/2018
Samson Investment Co          SAIVST   9.750     7.750  2/15/2020
SandRidge Energy Inc          SD       7.500     2.032  2/15/2023
SunEdison Inc                 SUNE     5.000    10.500   7/2/2018
SunEdison Inc                 SUNE     2.750     0.938   1/1/2021
SunEdison Inc                 SUNE     2.375     0.938  4/15/2022
SunEdison Inc                 SUNE     0.250     1.250  1/15/2020
SunEdison Inc                 SUNE     2.000     1.125  10/1/2018
SunEdison Inc                 SUNE     3.375     1.125   6/1/2025
SunEdison Inc                 SUNE     2.625     1.125   6/1/2023
TMST Inc                      THMR     8.000    18.500  5/15/2013
Talos Production LLC /
  Talos Production
  Finance Inc                 TALPRO   9.750    66.125  2/15/2018
Talos Production LLC /
  Talos Production
  Finance Inc                 TALPRO   9.750    66.125  2/15/2018
TerraVia Holdings Inc         TVIA     5.000    42.000  10/1/2019
TerraVia Holdings Inc         TVIA     6.000    67.750   2/1/2018
Terrestar Networks Inc        TSTR     6.500    10.000  6/15/2014
Trans-Lux Corp                TNLX     8.250    20.125   3/1/2012
UCI International LLC         UCII     8.625     6.875  2/15/2019
United States Treasury
  Inflation Indexed Bonds
  - WI Reopening              XITII    0.375     0.410  1/15/2027
Vanguard Operating LLC        VNR      8.375    50.000   6/1/2019
Walter Energy Inc             WLTG     9.500     0.370 10/15/2019
Walter Energy Inc             WLTG     8.500     0.834  4/15/2021
Walter Energy Inc             WLTG     9.500     0.370 10/15/2019
Walter Energy Inc             WLTG     9.500     0.370 10/15/2019
Walter Energy Inc             WLTG     9.500     0.370 10/15/2019
Walter Investment
  Management Corp             WAC      4.500    36.000  11/1/2019
iHeartCommunications Inc      IHRT    10.000    60.533  1/15/2018
iHeartCommunications Inc      IHRT     6.875    58.625  6/15/2018
rue21 inc                     RUE      9.000     3.500 10/15/2021
rue21 inc                     RUE      9.000     4.400 10/15/2021


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2017.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000 or Nina Novak at 202-362-8552.

                   *** End of Transmission ***