TCR_Public/170801.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Tuesday, August 1, 2017, Vol. 21, No. 212

                            Headlines

06-004 MADERA: Taps Timothy P. Thomas as Legal Counsel
1776 AMERICAN: Hernandez Buying Houston Property for $495K
21ST CENTURY ONCOLOGY: PCO Hires Otterbourg as Counsel
309 BARONNE: Hires Ron Austin as Special Counsel
760 LONG POND: Taps Ronald Goldman as Legal Counsel

ADVANCED PAIN: Hires Mehlman Greenblatt & Hare as Counsel
ADVANCED RETAIL: U.S. Trustee Unable to Appoint Committee
ALLIANCE SECURITY: U.S. Trustee Forms 3-Member Committee
AMERICAN DENTAL: Taps Miller of Analytic Financial as CFO
ANCHOR REEF: Hires Coan Lewendon as Attorney

ANDREW PIRNIE: Stalwart Buying Kansas City Property for $60K
APOLLO COMPANIES: Taps E. Rhett Buck as Legal Counsel
ARMADA LEASING: Sale Procedures for Equipment Approved
ARMADA LEASING: Taps Okin Adams as Legal Counsel
ASSURANCE CONSTRUCTION: Hires Gregory M. Sullivan as Counsel

ATKINS SPECIALTY: To Pay $150K to BOT to Settle Suit
ATLANTIC & PACIFIC: $134K Sale of 3 Gas Stations to Getty Okayed
B & B METALS: U.S. Trustee Unable to Appoint Committee
BAVARIA YACHTS: Sale or Abandonment of Office Goods Approved
BELLE MERE: Trespassed Property Owned by Spencer, et al., Ct. Finds

BICOM NY: Sets Bidding Procedures for All Assets
BLACK MOUNTAIN GOLF: Exclusive Plan Filing Period Moved to Sept. 30
BRIGGS DEVELOPMENT: Taps Lee A. Frison as Legal Counsel
BRUGNARA PROPERTIES: Taps Ruth Auerbach as Legal Counsel
CAROLINA BEER: S&P Affirms 'B-' CCR & Alters Outlook to Negative

CARRANO AIRCONTRACTING: Hires AJ Santye as Accountant
CHARLES E. WALKER: Court Denies Bid to Stay Chapter 11 Case
CHARLES WALKER: Trustee Selling Lago Vista Property for $1.3M
CHINA FISHERY: In Talks With Creditors, Hopes to Reach Consensus
CHRESTOTES INC: Hires Meridian Professional as Appraiser

CONDO 64: Can Continue Using Cash Collateral Through Sept. 22
CONOVER ROAD: Hires Robert C. Nisenson as Attorney
CONTAINER STORE: Moody's Affirms B2 Corporate Family Rating
COUDERT BROTHERS: Arbitration Award Dispute Sent to Dist. Court
CROSSROADS INVESTORS: Cal. App. Grants Anti-SLAPP Motion

CTI BIOPHARMA: Has $54.8M Est. Financial Standing as of June 30
DIAMOND OFFSHORE: Moody's Cuts CFR to Ba3; Outlook Negative
DIKA-HOMEWOOD: Sand Capital Awarded $1MM in Postpetition Interest
ECLIPSE RESOURCES: Moody's Hikes CFR to B3 on Reduced Leverage
EDGEWOOD PARTNERS: S&P Puts 'B' CCR on CreditWatch Negative

ENERGYSOLUTIONS INC: S&P Hikes Rating on Sec Credit Facilities to B
ENGILITY CORP.: Moody's Revises Outlook to Stable & Affirms B2 CFR
ESPLANADE HL: Sets Bid Procedures for Three Algonquin Properties
FANNIE MAE & FREDDIE MAC: Tim Howard Examines & Opines on New Docs
FANSTEEL INC: Can Continue Using Cash for August 2017 Expenses

GARDENS LLC: Taps Latham Shuker as Legal Counsel
GARDENS REGIONAL: Court Strikes Portions of Ahlholm's Declaration
GARY WASHINGTON: 4th Cir. Affirms Denial of Second Reconsideration
GILLESPIE OFFICE: Plan Solicitation Period Extended Until Sept. 30
GRAND DAKOTA: Seeks to Hire Pearce Law as Legal Counsel

HAMKEI GENERATION: U.S. Trustee Unable to Appoint Committee
HELIOPOWER INC: Taps Call & Jensen as Litigation Counsel
HOPE-WELL PILOT: U.S. Trustee Unable to Appoint Committee
HOUSTON PLATE: Taps Womac as Counsel in Suit vs Gas Process
INFINIA CORP: Trustee Selling Remnant Assets to Oak Point for $4K

INT'L MANUFACTURING: Sept. 18 Tribe Bankruptcy Appeal Hearing
INTERNATIONAL WESTERN: Operation Losses Raise Going Concern Doubt
JEFFREY EKIERT: Sale of West Palm Beach Property Denied
KATY INDUSTRIES: Closes Sale of All Assets to Jansan Acquisition
KINGRIDGE ENTERPRISES: Wants to Use Iberia Bank's Cash Collateral

KODI DISTRIBUTING: U.S. Trustee Unable to Appoint Committee
KONA GOLD: Taps J. Craig Demetras as Legal Counsel
L&N TWINS: Sale of Pleasantville Property to Mishto for $1.5M
LA PALOMA GENERATING: Court Extends Plan Filing Period to August 7
LB STEEL: Walsh Construction Loses Bid to Dismiss 2nd Suit

LEHMAN BROTHERS: Court Approves RMBS Trust Settlement Agreement
LOMBARD PUBLIC: Case Summary & 20 Largest Unsecured Creditors
LUCKY # 5409: Wants Exclusive Plan Filing Deadline Moved to Nov. 13
M2J2 LLC: Selling Bedford Property to Ceci for $2 Million
MACAVITY COMPANY: Gets Approval to Hire Gallagher as Legal Counsel

MARIA SANCHEZ: Palomo Buying Pharr Property for $165K
MICHAEL DOMBROWSKI: Sale of Atlanta Home for $121K Approved
MT. OLIVE BAPTIST: Has Interim OK to Use FCBTC Cash Through Oct. 25
NAHID M F: Plan Exclusivity Periods Extended Through October 25
NEOPS HOLDINGS: Allowed to Obtain $1.2-Mil Financing, Use Cash

NORTH AMERICAN GROUP: Taps Dal Lago Law as Legal Counsel
NOVO INTEGRATED: Insufficient Cash Flow Casts Going Concern Doubt
OCEAN RIG: Scheme Meetings Scheduled for August 11
OL FRESH LLC: Allowed to Use People's United Bank Cash Collateral
OLLIE WILLIAM FAISON: Objection to SummitBridge's Claim Allowed

OSSO LLC: U.S. Trustee Unable to Appoint Committee
OYO SPORTSTOYS: Case Summary & 20 Largest Unsecured Creditors
OYOTOYO INC: Taps Rosenberg & Weinberg as Legal Counsel
PAUL LEITNER-WISE: Stay Does Not Bar Barker to Compel Appearance
PHOENIX SERVICES: S&P Affirms 'B' CCR & Alters Outlook to Negative

PHOTOMEDEX INC: Common Stock Trades on OTCQB Under "PHMD" Symbol
PILGRIM MEDICAL: Campanella Sale of Sea Girt Property for $1.8M OKd
PIN OAK: U.S. Trustee Unable to Appoint Committee
PIONEER HEALTH: Wants Sept. 30 as Exclusive Plan Filing Deadline
PORTABELLA'S INC: Taps Wildeman & Obrock as Accountant

PRECISE CORPORATE: Asks for Hearing on Cash Collateral Use
PROMETHEUS & ATLAS: Taps David J. Merrill as Special Counsel
PUERTO RICO: ERS Bondholders Sue Over Joint Resolution 188
PUERTO RICO: ERS Bondholders Sue U.S. in Court of Federal Claims
PUERTO RICO: GO Bondholders Seek Seat on Creditors Committee

QBS HOLDING: Moody's Revises Outlook Stable & Affirms B3 CFR
ROCKFORD INSURANCE: Alliance Financial Buying All Assets for $675K
SEARS CANADA: Fairholme Is Evaluating Potential Sale of Shares
SECOND CHANCES: Taps Michelle Steele as Bookkeeper
SELFRIDGE LLC: Taps Simon Resnik as Legal Counsel

SHORT BARK: Seeks Approval to Employ Ordinary Course Professionals
SIXTY SIXTY CONDOMINIUM: Wants Exclusivity Extended Through Oct. 31
SOLYMAN YASHOUAFAR: Court Stays Abselet Suit
SPANNY CLEANERS: Taps Berger Singerman as Legal Counsel
STAR GOLDEN: Sets Bid Procedures for Five Las Vegas Properties

SULLIVAN VINEYARDS: Wants to Use Winery Cash Collateral
SUNSET PARTNERS: Allowed to Use Cash Collateral Through Aug. 8
SUNSHINE OILSANDS: Notes Under Forbearance to Mature Today
T3M INC: Has Court's Final Approval to Use Cash Collateral
TIFARO GROUP: U.S. Trustee Unable to Appoint Committee

TK HOLDINGS: Taps Lazard Freres as Investment Banker
TOWN SPORTS: Incurs $410K Net Loss in Second Quarter
TOWN SPORTS: May Issue 2 Million Shares Under 2006 Incentive Plan
TRANSOCEAN INC: Moody's Revises Outlook to Neg. & Affirms B2 CFR
TRIGEE FOUNDATION: Motion for Protective Order Granted

TXCC INC: Sale of All Assets in 5 Restaurants for $675K Approved
TXCC INC: Sale of All Frisco Restaurant Assets for $50K Approved
UNITED RENTALS: Moody's Hikes Corporate Family Rating to Ba2
UNITED RENTALS: S&P Rates New $925MM Senior Unsec. Notes 'BB-'
US STEEL: Moody's Revises Outlook to Positive & Affirms B3 CFR

WALL ST. RECYCLING: Taps Brouse McDowell as Legal Counsel
WELLMAN DYNAMICS: Can Continue Using Cash Through Aug. 25
WELLMAN MACHINING: Can Use TCTM Cash Through Aug. 25
WESTINGHOUSE ELECTRIC: Toshiba to Pay $2.2B Over VC Summer Project
WILDWOOD PROPERTY: Has Power to Amend Development Restrictions

WILLIAM RILEY: Selling Four Puyallup Properties for $1.2 Million
WJA ASSET: Wants to Enter into Consent Order with CBO
[^] Large Companies with Insolvent Balance Sheet

                            *********

06-004 MADERA: Taps Timothy P. Thomas as Legal Counsel
------------------------------------------------------
06-004 Madera Business Trust seeks approval from the U.S.
Bankruptcy Court for the District of Nevada to hire legal counsel.

The Debtor proposes to employ the Law Office of Timothy P. Thomas
LLC to give legal advice regarding its duties under the Bankruptcy
Code, and provide other legal services related to its Chapter 11
case.

The firm will charge $350 per hour for the services of its attorney
and $125 per hour for paralegal services.  Prior to the petition
date, the firm received a retainer of $15,000 from the Debtor.

Neither the firm nor any of its attorneys has direct connection
with the Debtor or its creditors, according to court filings.

The firm can be reached through:

     Timothy P. Thomas, Esq.
     Law Office of Timothy P. Thomas, LLC
     1771 E. Flamingo Rd, Suite B-212
     Las Vegas, NV 89119
     Tel: (702) 227-0011
     Fax: (702) 227-0334
     Email: tthomas@tthomaslaw.com

               About 06-004 Madera Business Trust

06-004 Madera Business Trust is a single asset real estate (as
defined in 11 U.S.C. Section 101(51B)).  It owns a fee simple
interest in 267 acres of land valued at $3.75 million.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Nev. Case No. 17-12102) on April 26, 2017.  Peter
Becker, manager of the trustee, signed the petition.  

At the time of the filing, the Debtor disclosed $4.08 million in
assets and $2.13 million in liabilities.  

Judge Laurel E. Davis presides over the case.


1776 AMERICAN: Hernandez Buying Houston Property for $495K
----------------------------------------------------------
1776 American Property IV, LLC, and affiliates ask the U.S.
Bankruptcy Court for the Southern District of Texas to authorize
the sale of real property located at 5618 Woodbrook Way, Houston,
Texas, also known as Lot 12, Block 2, Edison Park, a subdivision in
Harris County, Texas, outside of the ordinary course of business to
Dr. Luis F. Hernandez for $495,000.

A hearing on the Motion is set for Aug. 21, 2017 at 10:30 a.m.
Objections, if any, must be filed within 21 days of the date of
service.

Collectively, as of the Petition Date, the Debtors owned 116 rental
single family homes/apartment units, five single family homes, and
76 vacant lots.  In addition, Debtors 1776 IV, 1776 V, 1776 VII and
1776 VIII hold promissory notes and profit sharing arrangements
with various builders on approximately 58 lots.

1776 V now owns the nine family residences located in the Edison
Park Subdivision.  The Property is subject to a mortgage, which is
secured by a first lien deed of trust held by PS Funding, Inc.  The
mortgage is reflected by a promissory note in the original
principal amount of $350,000.  The obligor on the Note is First
Chapel Development.  The holder of the Note is PS Funding, Inc.
The current principal balance of the Note is approximately
$360,000.  The sales proceeds will be sufficient to pay-off the
Note in full at closing.

The Property will be sold, transferred and conveyed "as is," free
and clear of liens, claims, and encumbrances.  All liens will
attach to the proceeds of the sale or be paid through the closing
by the title company.  The parties expect the sale closing will be
Aug. 30, 2017.

From the proceeds of the sale, the Debtors propose to pay at
closing (i) the 2016 and pro-rata 2017 ad-valorem property taxes
owed on the Property at the closing; (ii) the Note and accrued
interest and fees in full; (iii) other secured claim on the
property, including past due HOA assessments; and (iv) the
customary closing costs and fees.

The Debtors ask the Court to waive any 14-day stay imposed by
Bankruptcy Rules 6004 and 6006.

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

      http://bankrupt.com/misc/1776_American_227_Sales.pdf

The Purchaser can be reached at:

          Dr. Luis F. Hernandez
          4406 Topaz Trail Drive
          Sugar Land, TX 77479

              About 1776 American Properties IV

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

1776 American Properties IV estimated assets of $1 million to $10
million and liabilities of less than $50,000.

The cases are assigned to Judge Karen K. Brown.  

Josh T. Judd, Esq., at Andrews Myers PC, serves as the Debtors'
bankruptcy counsel.

No trustee or examiner has been appointed in the bankruptcy cases
and no official committee of unsecured creditors has been
established.


21ST CENTURY ONCOLOGY: PCO Hires Otterbourg as Counsel
------------------------------------------------------
Melanie L. Cyganowski, the Patient Care Ombudsman of 21st Century
Oncology Holdings, Inc., et al., seeks authority from the U.S.
Bankruptcy Court for the Southern District of New York to employ
Otterbourg P.C., as her counsel.

The PCO requires Otterbourg to:

   (a) represent the PCO in any proceeding or hearing before the
       Bankruptcy Court, and in any action in other courts where
       the rights of the patients may be litigated or affected as
       a result of the Cases;

   (b) advise the PCO concerning the requirements of the
       Bankruptcy Code and Bankruptcy Rules and the requirements
       of the Office of the U.S. Trustee relating to the
       discharge of her duties under Section 333 of the
       Bankruptcy Code;

   (c) assist the PCO with the preparation of an action plan and
       carrying out the tasks set forth in the action plan,
       including visits to certain of the Debtors' facilities;

   (d) prepare and file with the court periodic reports to the
       Bankruptcy Court as required under the Appointment Order;

   (e) prepare and file applications to retain any other
       professionals of behalf of the PCO and any related
       monthly, interim or final fee applications;

   (f) advise and represent the PCO concerning any potential
       health law related issues; and

   (g) perform such other legal services as may be required under
       the circumstances of this Case in accordance with the
       PCO's powers and duties as set forth in the Bankruptcy
       Code and the Appointment Order.

Otterbourg will be paid at these hourly rates:

     Partner/Counsel                 $695-$995
     Associate                       $295-$725
     Paralegal                       $275

Otterbourg 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 Otterbourg agree to any variations from, or
              alternatives to, your standard or customary billing
              arrangements for this engagement?

   Response:  The rate structure provided by Otterbourg is
              appropriate and is not significantly different from
              (a) the rates that Otterbourg charges for other
              non-bankruptcy representations or (b) the rates of
              other comparably skilled professionals. For this
              engagement, Otterbourg has agreed to provide a ten
              percent (10%) accommodation on the aggregate fees
              billed. In addition, as it does in other bankruptcy
              cases, all non-working travel time will be billed
              at fifty percent (50%).

   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 Otterbourg represented the PCO in the 12 months
              prepetition, disclose Otterbourg's billing rates
              and material financial terms for the prepetition
              engagement, including any adjustments during the 12
              months prepetition. If Otterbourg's billing rates
              and material financial terms have changed
              postpetition, explain the difference and the
              reasons for the difference.

   Response:  Not applicable.

   Question:  Has the PCO approved Otterbourg's budget
              and staffing plan, and, if so for what budget
              period?

   Response:  Yes, the PCO has approved Otterbourg's budget and
              staffing plan for the period from the Petition Date
              through the first four (4) months of the PCO's
              engagement, during the initial stages of her work
              as PCO and will be reviewed thereafter.

Keith N. Costa, a partner at Otterbourg 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 Debtors, or
for any other reason.

Otterbourg can be reached at:

     Keith N. Costa, Esq.
     OTTERBOURG P.C.
     230 Park Avenue
     New York, NY 10169
     Tel: (212) 661-9100
     Fax: (212) 682-6104

          About 21st Century Oncology Holdings, Inc.

21st Century Oncology Holdings, Inc. is a global provider of
integrated cancer care services. As of March 31, 2017, the company
operated 179 treatment centers, including 143 centers located in 17
U.S. states and 36 centers located in seven countries in Latin
America.

21st Century and 59 U.S. affiliates filed Chapter 11 bankruptcy
petitions (Bankr. S.D.N.Y. Lead Case No. 17-22770) on May 25, 2017.
At the time of the filing, the Debtors estimated their assets and
debt at $1 billion to $10 billion.  The cases are pending before
the Hon. Judge Robert D. Drain.

Kirkland & Ellis LLP is serving as the Debtors' counsel, with the
engagement led by Christopher Marcus, P.C., John T. Weber, James
H.M. Sprayregen, P.C., William A. Guerrieri, and Alexandra
Schwarzman. Alvarez & Marsal Healthcare Industry's Paul Rundell,
the firm's managing director, is serving as interim chief executive
officer of the Debtors. Millco Advisors, LP, is the Debtors'
financial advisor and investment banker. Kurtzman Carson
Consultants LLC is the claims and noticing agent.

On June 8, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors. The Committee retained
Morrison & Foerster LLP as counsel, and Berkeley Research Group,
LLC, as financial advisor.

On June 19, 2017, Melanie L. Cyganowski was appointed by the
Bankruptcy Court as a patient care ombudsman under section 333 of
the Bankruptcy Code.  She is represented by Otterbourg P.C., as
counsel.


309 BARONNE: Hires Ron Austin as Special Counsel
------------------------------------------------
309 Baronne St., L.L.C., seeks authority from the U.S. Bankruptcy
Court for the Eastern District of Louisiana to employ the Law Firm
of Ron Austin & Associates, L.L.C., as special counsel to the
Debtor.

The Debtor is the owner of a commercial building located at 309
Baronne Street, New Orleans, Louisiana. The building is subject to
two consensual mortgages with Crescent Bank & Trust.

The Debtor's building has been damaged by the substantial
construction, demolition, and renovation activities conducted in
connection with the construction of the 217 Room NOPSI Hotel
Development at 317-311 Baronne Street, New Orleans, Louisiana. The
claim for damages was duly listed by the debtor in its schedules as
an asset.

309 Baronne requires Ron Austin to assist the Debtor in the
litigation of its claims for damages in connection with the
construction of the 217 Room NOPSI Hotel Development at 317-311
Baronne Street, New Orleans, Louisiana.

Ron Austin will be paid a 30% contingency fee of any settlement or
judgment recovered, plus reimbursement of costs.

Jeffrey P. Green, member of the Law Firm of Ron Austin &
Associates, 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 does not represent any interest adverse to
the Debtor and its estates.

Ron Austin can be reached at:

     Jeffrey P. Green, Esq.
     LAW FIRM OF RON AUSTIN & ASSOCIATES, L.L.C.
     920 4th Street
     Gretna, LA 70053
     Tel: (504) 227-8100

               About 309 Baronne St., L.L.C.

309 Baronne St., L.L.C., based in New Orleans, LA, filed a Chapter
11 petition (Bankr. E.D. La. Case No. 17-10888) on April 10, 2017.
Markus E. Gerdes, Esq., at Gerdes Law Firm, L.L.C., serves as
bankruptcy counsel. The Debtor hired the Law Firm of Ron Austin &
Associates, L.L.C., as special counsel.

In its petition, the Debtor estimated $1 million to $10 million in
assets and $100,001 to $500,000 in liabilities. The petition was
signed by Harry E. Cantrell, Jr., managing member.



760 LONG POND: Taps Ronald Goldman as Legal Counsel
---------------------------------------------------
760 Long Pond Road, LLC seeks approval from the U.S. Bankruptcy
Court for the Western District of New York to hire legal counsel.

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

Mr. Goldman will charge an hourly fee of $350 for his services.  

In a court filing, Mr. Goldman disclosed that he does not represent
any interest adverse to the Debtor or its estate.

Mr. Goldman maintains an office at:

     Ronald S. Goldman, Esq.
     45 Exchange Street, Suite 532
     Rochester, NY 14614
     Phone: (585) 546-7410
     Email: rosgol@yahoo.com

                  About 760 Long Pond Road LLC

760 Long Pond Road, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D.N.Y. Case No. 17-20746) on July 10,
2017.  Richard M. Orczyk, member, signed the petition.  

At the time of the filing, the Debtor disclosed that it had
estimated assets of less than $1 million and liabilities of less
than $500,000.


ADVANCED PAIN: Hires Mehlman Greenblatt & Hare as Counsel
---------------------------------------------------------
Advanced Pain Management Services, LLC, et al. seek approval from
the US Bankruptcy Court for the District of Maryland to employ
Mehlman, Greenblatt & Hare, LLC as counsel for the debtor in
possession.

The professional services anticipated of Mehlman, Greenblatt & Hare
are:

     (a) consult with and advice the Debtor as to its powers and
duties as debtor in possession in the management of its property;

     (b) respond, as necessary, to any effort of creditors to
appoint a trustee in lieu of the Debtor in possession or to rescind
the automatic stay of Section 362 of the Bankruptcy Code as to its
property;

     (c) assist the Debtor in the preparation of those documents
required by the Bankruptcy Code, including the schedules and
statement of financial affairs;

     (d) represent the Debtor in the formulation and negotiation of
a plan of reorganization, including the drafting and filing of the
plan of reorganization and any amended or modified plans of
reorganization as may be required, and including attendance at and
management of the confirmation hearing;

     (e) attend the meeting of creditors, any adjourned meeting of
creditors, and such other bankruptcy court hearings as are
required;

     (f) assist the Debtor in the preparation of a disclosure
statement adequate to the circumstances of this case, and

     (g) draft and file applications, orders, reports, complaints,
and other bankruptcy court papers as are required of the Debtor, or
the debtor in possession, in the conduct of this case, and it is
necessary to the Debtor, as debtor in possession, to employ an
attorney for such professional services.

Gary R. Greenblatt's normal hourly rate for representation in
bankruptcy matters is $400.00 per hour and the normal hourly rate
for Constance M. Hare is $350.00 per hour. The Firm has agreed to
represent the Debtor at the Firm's normal hourly rates.

Mehlman, Greenblatt & Hare, LLC will be employed under a general
retainer of ($950.50), to be held in escrow because of the legal
services anticipated.

Prior to the filing, the Debtor paid Mehlman, Greenblatt & Hare,
LLC a retainer of $4,452.50, of which $1,717.00 was paid to the
Bankruptcy Court for the filing of this case and $1,785.00 was paid
to the firm for prepetition services rendered. The $950.50 balance
is the remaining retainer held in escrow by the firm.

Gary R. Greenblatt attests that the members of the firm are
disinterested persons within the meaning of 11 U.S.C. Sec. 101(14)
and are eligible to serve as counsel for the Debtor.

The Firm can be reached through:

     Gary R. Greenblatt, Esq.
     MEHLMAN, GREENBLATT & HARE, LLC
     723 South Charles Street, Suite LL3
     Baltimore, MD 21230
     Tel: (410) 547-0300
     Fax: (410)547-7474
     E-mail: grgreen@mehl-green.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 Services 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.  APMS was
represented by James Edwin McGhee, III, Esq. at Kaplan & Partners
LLP.

Advanced Anesthesiology Associates LLC (Bankr. D. Md. Case No.
17-18849), Advanced Pain Surgery Center, LLC  (Bankr. D. Md. Case
No. 17-18850) and American Spine Surgery Center LLC (Bankr. D. Md.
Case No.  17-1885), the Debtors, collectively operate a medical
practice specializing in pain management in Frederick, Maryland and
in Waldorf, Maryland.

On May 1, 2017, the APMS case was transferred to the District of
Maryland (Bankr. D. Md. Case No. 17-16047).  The Maryland petition
disclosed under $1 million in both assets and liabilities.  The
petition was filed pro se.

On May 11, 2017, the Court  entered an Order approving the
appointment of Alan M. Grochal as Chapter 11 trustee.

The Debtors seek entry of an order pursuant to Bankruptcy Rule
1015(b), authorizing the joint administration, for procedural
purposes only, with the case number 17 16047 assigned to Advanced
Pain Management Services, LLC serving as the lead case.

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


ADVANCED RETAIL: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Advanced Retail Solutions, Inc.
as of July 26, according to a court docket.

              About Advanced Retail Solutions Inc.

Advanced Retail Solutions, Inc. is a privately-held company in Ball
Ground, Georgia, which is engaged in retail trade consulting.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Ga. Case No. 17-60948) on June 22, 2017.  Michael
P. Reyes, president & CEO, signed the petition.  

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


ALLIANCE SECURITY: U.S. Trustee Forms 3-Member Committee
--------------------------------------------------------
William K. Harrington, U.S. Trustee for the District of Rhode
Island, on July 27, appointed three creditors to serve on the
official committee of unsecured creditors in the Chapter 11 case of
Alliance Security, Inc.

The committee members are:

     (1) Nortek Security & Control LLC
         Attn: Andrew Prete, Chairperson
         c/o Daniel Schatz
         1950 Camino Vida Roble Suite, #150
         Carlsbad, CA 92008
         Tel: (401) 441-0050
         E-mail: Andrew.prete@melroseplc.net

     (2) The Katherine Gibbs School of Providence, Inc.
         c/o Gail B. Rago
         231 N. Martingale Road
         Schaumburg, IL 60173
         Tel: (847) 585-2249
         E-mail: grago@careered.com

     (3) Security Alarm Financing Enterprises, LP
         c/o Jared Isaacsohn
         2440 Camino Ramon, Suite 200
         San Ramon, CA 94583
         Tel: (925)-830-2320
         E-mail: jared.isaacsohn@safesecurity.com

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

                     About Alliance Security

Headquartered in Warwick, Rhode Island, Alliance Security, Inc. --
http://www.alliancesecurity.com/-- is a security system supplier.


Alliance Security filed for Chapter 11 bankruptcy protection
(Bankr. D. R.I. Case No. 17-11190) on July 14, 2017, estimating its
assets and liabilities at between $1 million and $10 million each.
The petition was signed by Jasjit Gotra, president, CEO.

Judge Diane Finkle presides over the case.

William J. Delaney, Esq., at The Delaney Law Firm LLC serves as the
Debtor's bankruptcy counsel.


AMERICAN DENTAL: Taps Miller of Analytic Financial as CFO
---------------------------------------------------------
American Dental Associates, PLLC, seeks authority from the U.S.
Bankruptcy Court for the Eastern District of Virginia to employ
Scott W. Miller of Analytic Financial Group, LLC, as chief
financial officer to the Debtor.

American Dental requires Analytic Financial to:

   (a) take and maintain possession, custody and sole control of
       the Debtor's books, financial records and financial
       accounts;

   (b) assume the role of sole signatory on all of the Debtor's
       financial accounts with the following exceptions
       applicable to payments made to non-insider parties:

       (i)  Analytic Financial shall have authority to delegate
            debit card signatory authority for the payment of any
            ordinary and necessary business expense in the amount
            of $1,000 or less; and

       (ii) Analytic Financial may pre-authorize by telephone or
            electronically, individual wire transfers and debit
            card expenditures in any amount. Analytic Financial
            shall make itself available to authorize the payment
            of unforeseen expenses on an emergency or expedited
            basis in no less than 12 hours.

   (c) review, approve and take primary responsibility for the
       compilation of all financial reports which the Debtor is
       required to file with the Bankruptcy Court;

   (d) assure that the Debtor follows acceptable accounting
       practices in the conduct of its post-petition business and
       meets its post-petition payment and reporting obligations;

   (e) act at all times in the best interests of the Debtor's
       Estate;

   (f) defer to the business judgment of the Debtor's management
       matters related to medical, marketing, and administrative
       aspects of the practice of dentistry;

   (g) act as the Debtor's designee and representative as to all
       matters, except as to those solely under the direct
       control of or within the direct personal knowledge of
       the Debtor's principal; and

   (h) perform any other financial management, consulting,
       Forensic accounting and accounting function or task as
       agreed to by the Debtor and the Firm and authorized by the
       Bankruptcy Court.

Analytic Financial will be paid post-petition retainer in the
amount of $8,000, payable in weekly increments of $1,000 beginning
as of July 12, 2017.

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

Scott W. Miller, principal of Analytic Financial Group, LLC,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

Analytic Financial can be reached at:

     Scott W. Miller
     ANALYTIC FINANCIAL GROUP, LLC
     8639B 16th Street, Suite 106
     Silver Spring, MD 20910
     Tel: (301) 602-9258

              About American Dental Associates, PLLC

American Dental Associates PLLC, filed a Chapter 11 bankruptcy
petition (Bankr. E.D. Va. Case No. 17-12155) on June 23, 2017,
disclosing under $1 million in both assets and liabilities. The
Debtor is represented by Christopher S. Moffitt, Esq., of the Law
Offices of Christopher S. Moffitt. The Debtor tapped Scott W.
Miller of Analytic Financial Group, LLC, as chief financial
officer.


ANCHOR REEF: Hires Coan Lewendon as Attorney
--------------------------------------------
Anchor Reef Club at Branford, LLC, seeks authority from the U.S.
Bankruptcy Court for the District of Connecticut to employ Coan
Lewendon Gulliver & Miltenberger, LLC, as attorney to the Debtor.

Anchor Reef requires Coan Lewendon to:

   a. give the Debtor as debtor-in-possession legal advice with
      respect to its business, operations, and the management of
      its property;

   b. negotiate arrangements with creditors respecting their
      claims and treatment of their claims in a Plan of
      Reorganization;

   c. institute and defend such litigation in the bankruptcy
      court and other courts as counsel and the Debtor as debtor-
      in-possession consider necessary and appropriate for the
      conduct of its reorganization;

   d. prepare on behalf of the Debtor as debtor-in-possession
      necessary petitions, motions, answers, orders, reports,
      disclosure statements, plans and other papers; and

   e. perform all other legal services for the Debtor as debtor-
      in-possession which may be necessary herein.

Coan Lewendon will be paid at these hourly rates:

     Partners               $400
     Counsel                $320
     Associates             $250
     Paralegals             $95-$110

After deducting prepetition expenses and the filing fee, Coan
Lewendon held the remaining sum of $45,783 as retainer and deposit
for costs.

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

Timothy D. Miltenberger, member of Coan Lewendon Gulliver &
Miltenberger, LLC, assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtor and its estates.

Coan Lewendon can be reached at:

     Timothy D. Miltenberger, Esq.
     COAN LEWENDON GULLIVER & MILTENBERGER, LLC
     495 Orange Street
     New Haven, CT 06511
     Tel: (203) 624-4756

             About Anchor Reef Club at Branford, LLC

Anchor Reef Club at Branford, LLC, based in Westlake Village, CA,
filed a Chapter 11 petition (Bankr. D. Conn. Case No. 17-21080) on
July 19, 2017. The Hon. James J. Tancredi presides over the case.
Timothy D. Miltenberger, Esq., at Coan Lewendon Gulliver &
Miltenberger, LLC, serves as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
assets and $10 million to $50 million in liabilities. The petition
was signed by Albert Nassi, manager of the member.


ANDREW PIRNIE: Stalwart Buying Kansas City Property for $60K
------------------------------------------------------------
Andrew Mark and Debra Beatrice Pirnie ask the U.S. Bankruptcy Court
for the Western District of Missouri to authorize their sale to
Stalwart Management, LLC of two duplexes (i) located at 9527-9529
Charlotte Street, Kansas City, Missouri for $61,500; and (ii)
located at 9560-9562 Charlotte Street, Kansas City, Missouri for
$59,500.

The objection deadline is Aug. 18, 2017.

Their bankruptcy case was administratively closed and thereafter,
due to problems with lenders, their case was re-opened.  Their case
is still pending with the Court.

The Debtors own the Duplexes.  They have a contract to sell the
Duplexes to the Buyer free and clear of liens.  The Court, at
confirmation, determined that the Duplexes were valued at $35,000
each.  The sale of the Duplexes at $61,500 and $59,500 each is a
fair price and is in the best interest of the bankruptcy estate.
The excess proceeds from the sale of the Duplexes will allow the
Debtors to pay ongoing business expenses and potential capital
gains taxes.

A 6% commission on each sale will be paid to Keller Williams
Southland agent Sally Sargent, who is the Debtors' (Sellers')
Agent.  

Upon information and belief, the Debtors owe a payoff amount of
$41,953 to lender Nationstar on the 9527-9529 Charlotte property,
and a payoff amount of approximately $40,578 to Nationstar on the
9560-9562 Charlotte property.  The payoff for 9560-9562 Charlotte
includes escrow advances of $3,088.  The Debtors and their counsel
believe that this figure includes flood insurance premiums.  They
and their counsel have provided documentation to Nationstar's
counsel to show that 9560-62 Charlotte is not in a flood plain and
flood insurance is not required.  These fees for flood insurance
should be removed from the payoff figure before closing.

Counsel for the Debtors:

          Dana B. Wilders, Esq.
          KRIGEL & KRIGEL, P.C.
          4520 Main Street, Suite 700
          Kansas City, MO 64111
          Telephone: (816) 756-5800
          Facsimile: (816) 756-1999
          E-mail: dwilders@krigelandkrigel.com

Andrew Mark Pirnie and Debra Beatrice Pirnie sought Chapter 11
protection (Bankr. W.D. Mo. Case No. 09-44568) on Sept. 21, 2009.
The Debtors' 11 Plan was confirmed on April 2, 2010.


APOLLO COMPANIES: Taps E. Rhett Buck as Legal Counsel
-----------------------------------------------------
Apollo Companies Inc. seeks approval from the U.S. Bankruptcy Court
for the Southern District of Texas to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire E. Rhett Buck, Esq., to, among other
things, give legal advice regarding its duties under the Bankruptcy
Code and assist in the preparation of a plan of reorganization.

Mr. Buck will charge an hourly fee of $300 for his services.  He
received an advance retainer in the amount of $5,000.

In a court filing, Mr. Buck disclosed that he does not hold any
interest adverse to the Debtor's estate, its creditors or equity
security holders.

Mr. Buck maintains an office at:

     E. Rhett Buck, Esq.
     3730 Kirby Drive, Suite 1200
     Houston, TX 77098
     Phone: (713) 868-9447
     Fax: (713) 868-6157
     Email: erhettbuck@aol.com

                   About Apollo Companies, Inc.

Headquartered in Alvin, Texas, Apollo Office Systems, LLC --
http://www.apolloofficesystems.com-- is a growing company that  
sells and services all brands of copiers, printers, scanners,
faxes, wide format laser printers and any other type of office
machine. The Debtor is an authorized Xerox Channel Partner. It
also
sells Canon, Kyocera-Mita/Copystar, Konica-Minolta, Oce, Okidata,
HP, Brother, Samsung, Ricoh, GEI, Fujitsu, etc. AOS is a family
owned and has been in the business for over twenty-five years.

Apollo Companies Inc. dba Apollo Office Systems LLC, dba Southwest
Office Systems, filed for Chapter 11 bankruptcy protection (Bankr.
S.D. Tex. Case No. 17-80148) on May 5, 2017, estimating assets of
less than $1 million and liabilities of $1 million to $10 million.
The petition was signed by Jeffrey Foley, director.

Judge Marvin Isgur presides over the case. The Debtor hired Eric C.
Grimm, PLLC and the Law Office of William L. Bennett as its special
litigation counsel.


ARMADA LEASING: Sale Procedures for Equipment Approved
------------------------------------------------------
Judge Stacey G.C. Jernigan of the U.S. Bankruptcy Court for the
Northern District of Texas authorized the sale procedures for the
private sale of Armada Leasing, LLC's and High Country
Transportation, Inc. ("HCT")'s equipment.

The sale is free and clear of all liens.

The Debtors' operations include three different divisions utilizing
227 trucks -- including leased APU units installed in certain
trucks -- and 158 trailers ("Equipment").

Upon their entry into an agreement to sell Equipment ("Proposed
Sale"), the Debtors will file and serve a Notice of Proposed Sale
and a proposed Sale Order approving such sale.  Each proposed Sale
Order will, inter alia, provide for: (i) the approval of the
Proposed Sale to be consummated and the transferee to take the
tractor and/or trailer free and clear of any liens, encumbrances,
rights or interests; and (ii) that proceeds of a Proposed Sale will
be applied as follows:

    a. The Sale Proceeds will be held by the Debtors in a
segregated account and any liens, claims, encumbrances, and other
interests currently asserted against the Equipment will attach to
the proceeds of the sale.

    b. Within seven days following the entry of a Sale Order ("Lien
Noticing Period"), any party that is not listed as a Secured Lender
on the applicable Notice of Proposed Sale but whom claims a
security interest in the Sale Proceeds will file with the Court a
notice of security interest ("Alleged Lien").  Parties in interest,
including the Debtors, will have until 14 days following entry of a
Sale Order to object.  If no Alleged Liens are filed during the
Lien Noticing Period, the Sale Proceeds will be paid to the
applicable Secured Lender(s) with any remainder to the Debtors.
If, however, Alleged Lien(s) are filed, but no Lien Objection(s)
are filed, then the Sale Proceeds will be applied first to satisfy
any lien(s) in the priority asserted, with any remainder to the
Debtors.  If a Lien Objection is filed, the Debtor will hold all
Sale Proceeds in a segregated account pending resolution of the
Lien Objection.

Parties-in-interest will have seven days following the filing of a
Notice of Proposed Sale to object to a Proposed Sale or a proposed
Sale Order.  Upon expiration of seven days following the filing of
a Notice of Proposed Sale, if no objection is filed, the Court will
enter a Sale Order.  If an objection is filed, the Court will set a
hearing on the Proposed Sale as soon as is practicable.

The Debtors are further authorized, but not directed to return
Equipment to the respective Secured Lender(s) and, if applicable,
reject the any unexpired lease contract(s) associated therewith as
provided:

   a. Upon the agreement of the Debtors and a Secured Lender to
surrender Equipment, the Debtors will file a Notice of Proposed
Surrender and proposed order modifying the automatic stay to permit
the Voluntary Surrender ("Surrender Order").

   b. Each proposed Surrender Order will, inter alia, provide: (i)
modification of the automatic stay to permit a Voluntary Surrender;
(ii) to the extent applicable, such Voluntary Surrender will be
deemed to constitute a valid rejection of any unexpired lease or
executory contract solely as such lease pertains to surrendered
Equipment; (iii) an order requiring the Debtors to return the
subject Equipment to the Secured Lender to be sold and/or disposed
of in a commercially reasonable manner; (iv) waiving the Debtors'
right to any further notice prior to such commercially reasonable
sale; and (v) modification/termination of the automatic stay to
permit the Secured Lender to sell any surrendered Equipment and
apply the proceeds of such sale to the Secured Lender's claim.

   c. Parties-in-interest will have seven days following the filing
of a Notice of Proposed Surrender to object to a Voluntary
Surrender or a proposed Surrender Order.  Upon expiration of seven
days following the filing of a Notice of Proposed Surrender; if no
objection is filed the Court will enter the Surrender Order.  If an
objection is filed, the Court will set a hearing on the Voluntary
Surrender as soon as is practicable.

Until such time as the Debtors' Equipment is either sold in
accordance with the Sale Procedures set forth or voluntarily
surrendered, the Debtors are authorized to use Equipment in
accordance with their prepetition practices.  As adequate
protection for such use, the Debtors are authorized to and will
make monthly installment payments to each Secured Lender in such
amounts as are provided in the Pre-Petition Agreements.  As further
adequate protection, to the extent that any Equipment is sub-leased
to a third-party for an amount exceeding the Monthly Installments,
such Surplus will be remitted to the applicable Secured Lender for
application against such Secured Lenders' claim.

A copy of the Notice of Proposed Sale and Notice of Proposed
Surrender attached to the Order is available for free at:

      http://bankrupt.com/misc/Armada_Leasing_56_Order.pdf

                About High Country Transportation

Founded in 1985, Dallas, Texas-based High Country Transportation,
Inc., is in the trucking industry.  HCT operates in three
divisions, namely: the over-the-road hopperbottom division which
focuses on serving shippers in the Midwest, Texas and Western 11
states; the dedicated dry bulk division which operates in Colorado
and New Mexico and actively seeks new opportunities in the West,
Midwest and Texas; and the Freedom over-the-road dry van division
which focuses on helping contractors who also have the
entrepreneurial drive to create their own trucking business.  HCT
is an affiliate of Armada Leasing, LLC.

HCT filed for Chapter 11 bankruptcy protection (Bankr. N.D. Tex.
Case No. 17-32503) on June 29, 2017, estimating its assets and
liabilities at between $10 million and $50 million each.  The
petition was signed by Kirk Crowley, vice president and authorized
officer.

Judge Harlin DeWayne Hale presides over the case.

Matthew S. Okin, Esq., at Okin Adams LLP, serves as the Debtor's
bankruptcy counsel.

                     About Armada Leasing

Headquartered in Dallas, Texas, Armada Leasing, LLC --
http://www.highcountrytrans.com-- is a Nevada limited liability   
company that specializes in leasing trucks to owner-operators.
Trucks for lease include Freightliner Cascadia (2014-2016 Model
Years), Kenworth T680 (2015-2016 Model Years), Peterbilt 579
(2014-2016 Model Years), Volvo VNL730 (2015-2016 Model Years) and
Volvo VNL630 (2014 Model Year).

Armada Leasing filed for Chapter 11 bankruptcy protection (Bankr.
N.D. Tex. Case No. 17-32498) on June 29, 2017, estimating its
assets at between $1 million and $10 million and its liabilities
at
between $10 million and $50 million.  The petition was signed by
Kirk Crowley, managing member.

Judge Stacey G. Jernigan presides over the case.

Matthew S. Okin, Esq., at Okin Adams LLP, serves as the Debtor's
bankruptcy counsel.  BVA Group is the Debtor's financial advisor.


ARMADA LEASING: Taps Okin Adams as Legal Counsel
------------------------------------------------
Armada Leasing, LLC and High Country Transportation, Inc. seek
approval from the U.S. Bankruptcy Court for the Northern District
of Texas to hire legal counsel in connection with their Chapter 11
cases.

The Debtors propose to hire Okin Adams LLP to, among other things,
give legal advice regarding its duties under the Bankruptcy Code;
analyze claims and negotiate with creditors; and assist in the
preparation of a plan of reorganization.

The primary attorneys at the firm who will represent the Debtors
and theur hourly rates are:

     Matthew Okin           Partner        $450
     David Curry, Jr.       Partner        $360
     Raymond Urbanik        Of Counsel     $450
     John Thomas Oldham     Of Counsel     $275
     Ryan O'Connor          Associate      $225

Okin Adams received a retainer from the Debtors in the amount of
$110,000 prior to the petition date.

Matthew Okin, Esq., 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:

     Matthew S. Okin, Esq.
     David L. Curry, Jr., Esq.
     Okin Adams LLP
     1113 Vine St, Suite 201
     Houston, TX 77002
     Tel: 713-228-4100
     Fax: 888-865-2118
     Email: mokin@okinadams.com
     Email: dcurry@okinadams.com

          - and -

     Raymond J. Urbanik, Esq.
     Okin Adams LLP
     3811 Turtle Creek Blvd., Suite 780
     Dallas, TX 75219
     Tel: 214-382-4995
     Fax: 888-865-2118
     Email: rurbanik@okinadams.com

                       About Armada Leasing

Headquartered in Dallas, Texas, Armada Leasing, LLC --
http://www.highcountrytrans.com-- specializes in leasing trucks to
owner-operators.  High Country Transportation, Inc., an affiliate
of Armada which is also based in Dallas, is in the trucking
industry.  

HCT operates in three divisions, namely: the over-the-road
hopperbottom division which focuses on serving shippers in the
Midwest, Texas and Western 11 states; the dedicated dry bulk
division which operates in Colorado and New Mexico and actively
seeks new opportunities in the West, Midwest and Texas; and the
Freedom over-the-road dry van division which focuses on helping
contractors who also have the entrepreneurial drive to create their
own trucking business.  

Armada and HCT filed for Chapter 11 bankruptcy protection (Bankr.
N.D. Tex. Lead Case No. 17-32498) on June 29, 2017.  The petitions
were signed by Kirk Crowley, managing member of Armada and
vice-president of HCT.

At the time of the filing, Armada disclosed that it had estimated
assets of $1 million to $10 million and liabilities of $10 million
to $50 million.  HCT disclosed that it had estimated assets and
liabilities of $10 million and $50 million.


ASSURANCE CONSTRUCTION: Hires Gregory M. Sullivan as Counsel
------------------------------------------------------------
Assurance Construction Resources, LLC, seeks authority from the
U.S. Bankruptcy Court for the District of Massachusetts to employ
Gregory M. Sullivan, Esq., as counsel to the Debtor.

Assurance Construction requires Gregory M. Sullivan to represent
the Debtor in the Chapter 11 bankruptcy case.

Gregory M. Sullivan received $6,000, including the $1,717 filing
fee, and the remaining balance of $4,717 after deducting fees and
expenses, will be as retainer.

Gregory M. Sullivan will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Gregory M. Sullivan, Esq., assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtor and its estates.

Gregory M. Sullivan can be reached at:

     Gregory M. Sullivan, Esq.
     126 Essex Street
     Malden, MA 02148
     Tel: (781) 322-0090
     E-mail: gsullivanlaw@aol.com

            About Assurance Construction Resources, LLC

Assurance Construction Resources, LLC, filed a Chapter 11
bankruptcy petition (Bankr. D. Mass. Case No. 17-41293) on July 15,
2017, disclosing under $1 million in both assets and liabilities.
The Debtor is represented by Gregory M. Sullivan, Esq.


ATKINS SPECIALTY: To Pay $150K to BOT to Settle Suit
----------------------------------------------------
Plaintiffs Board of Trustees of the Kern County Electrical Workers'
Pension Fund, Board of Trustees of the Kern County Electrical
Workers' Health & Welfare Trust, and Board of Trustees of the Kern
County Electrical Journeyman & Apprenticeship Training Trust and
Defendant Atkins Specialty Services, Inc., have agreed to settle
the lawsuit captioned BOARD OF TRUSTEES OF THE KERN COUNTY
ELECTRICAL PENSION FUND, BOARD OF TRUSTEES OF THE KERN COUNTY
ELECTRICAL WORKERS HEALTH & WELFARE TRUST, AND BOARD OF TRUSTEES OF
THE KERN COUNTY ELECTRICAL JOURNEYMAN & APPRENTICESHIP TRAINING
TRUST, Plaintiffs, v. ATKINS SPECIALTY SERVICES, INC. Defendant,
Civil Case No. 1:16-CV-01925-LJO-SKO (E.D. Cal.), on the terms set
forth in this Stipulated Judgment.  The Parties agree that they do
not want to go to trial and instead agree to the Stipulation in
settlement of the issues in this matter.

On or about Dec. 23, 2016, a civil Complaint was filed against the
Defendant, alleging that Defendant owed a certain sum of money to
Plaintiffs for contractually obligated delinquent fringe benefit
contributions.

Defendant wanted to settle the instant matter as well as dismiss
the Bankruptcy matter to avoid incurring further professional fees
and costs. In consideration thereof, Defendant has offered to
settle both matters in full for the total sum of $153,526.31 which
includes contributions, liquidated damages and interest. The
Parties agree that a judgment shall be entered in the sum of
$153,526.31 against Defendant.

Judge Lawrence J. O'Neill of the U.S. District Court Eastern
District of California orders that an initial payment of $5,000
shall be made to Plaintiffs on or before the third business day
after the Effective Date of this Stipulated Judgment. The remainder
shall be paid to Plaintiffs over a 72-month period with each
periodic payment being made on or before the tenth of each month in
the sum of $2,072.74, commencing July 10, 2017. The final payment
shall be in the amount of $1,361.77 on June 10, 2023.

Defendant shall have the right to cure any default under this
Stipulation within 14 days of Plaintiffs' notice of default to
Defendant.

So long as Defendant makes timely payments to Plaintiffs as
required by this Stipulated Judgment, Plaintiffs may not engage in
any other methods of enforcing the judgment not described by above.
Should Defendant fail to make any payment in the time and manner
specified, the total remaining sum of the judgment shall become
immediately due and payable. Upon such default, Plaintiffs are
authorized to enter a Revised Final Judgment in their favor, if
such default continues after ten days written notice to the
defaulting party by regular mail for the amount due as demanded,
less any sums paid on account, plus accrued interest in the amount
of 10% per annum.

The Effective Date of this Stipulation is the date that an order
dismissing Defendant's Chapter 11 Case becomes a final order.
Defendants shall use commercially reasonable efforts to cause the
Chapter 11 Case to be dismissed as soon as reasonably practical.

A full-text copy of Judge O'Neill's Stipulated Judgment and Order
is available at https://is.gd/Uybo63 from Leagle.com.

Board of Trustees of the Kern County Workers' Electrical Pension
Fund, Plaintiff, represented by Tiffany Dawn Lena --
tiffany.lena@att.net  -- The Law Office Of Tiffany Lena.

Board of Trustees of the Kern County Workers' Electrical Workers
Health & Welfare Trust, Plaintiff, represented by Tiffany Dawn
Lena, The Law Office Of Tiffany Lena.

Board of Trustees of the Kern County Electrical Journeyman &
Apprenticeship Training Trust, Plaintiff, represented by Tiffany
Dawn Lena, The Law Office Of Tiffany Lena.

             About Atkins Specialty Services

Atkins Specialty Services, Inc. sought protection under Chapter 11
of the Bankruptcy Code (Bankr. E.D. Cal. Case No. 17-10337) on
January 31, 2017.  The petition was signed by Jeffrey G. Atkins,
chief executive officer.  At the time of the filing, the Debtor
estimated assets and liabilities of less than $500,000.

The case is assigned to Judge Fredrick E. Clement.  The Debtor is
represented by Jacob L. Eaton, Esq., at Klein, DeNatale, Goldner,
Cooper Rosenlieb & Kimball, LLP.


ATLANTIC & PACIFIC: $134K Sale of 3 Gas Stations to Getty Okayed
----------------------------------------------------------------
Judge Robert D. Drain of the U.S. Bankruptcy Court for the Southern
District of New York authorized the private sale by The Great
Atlantic & Pacific Tea Co., Inc. and affiliates of their gas
stations located at (i) 669 Somerset Street, Somerset, New Jersey
for $34,388; (ii) 639 Rt. 17 South, Paramus, New Jersey for
$74,653; and (iii) 630 Lincoln Highway, Fairless Hills,
Pennsylvania to Getty Leasing, Inc. for $25,301.

The sale is free and clear of all Claims, with all Claims to attach
to the net proceeds of the Sale Transaction.

On the Closing Date, the order will be considered and constitute
for any and all purposes a full and complete general assignment,
conveyance and transfer of the Acquired Assets acquired under the
Purchase Agreement or a bill of sale or assignment transferring
good and marketable, indefeasible title and interest in all of the
Acquired Assets to the Buyer.

Notwithstanding the provisions of Bankruptcy Rules 6004(h), 6006(d)
or 7062 or any applicable provisions of the Local Rules, the Order
will not be stayed after the entry hereof, but will be effective
and enforceable immediately upon entry, and the 14-day stay
provided in Bankruptcy Rules 6004(h) and 6006(d) is expressly
waived and will not apply.  Time is of the essence in closing the
Sale Transaction and the Debtors and the Buyer intend to close the
Sale Transaction as soon as practicable.

A copy of the Purchase Agreement attached to the Order is available
for free at:

    http://bankrupt.com/misc/Great_Atlantic_3721_Order.pdf

                    About Atlantic & Pacific

Based in Montvale, New Jersey, The Great Atlantic & Pacific Tea
Company, Inc., and its affiliates are one of the nation's oldest
leading supermarket and food retailers, operating approximately
300 supermarkets, beer, wine, and liquor stores, combination food
and
drug stores, and limited assortment food stores across six
Northeastern states.  The primary retail operations consist of
supermarkets operated under a variety of well known trade names,
or "banners," including A&P, Waldbaum's, SuperFresh, Pathmark,
Food
Basics, The Food Emporium, Best Cellars, and A&P Liquors.  The
Company employs approximately 28,500 employees, over 90% of whom
are members of one of twelve local unions whose members are
employed by the Debtors under the authority of 35 separate
collective bargaining agreements.

Then with 429 stores, A&P and its affiliates filed Chapter 11
petitions (Bankr. S.D.N.Y. Case No. 10-24549) on Dec. 12, 2010,
and in 2012 emerged from Chapter 11 bankruptcy as a privately held
company with 320 supermarkets.

On July 19, 2015, with 300 stores, A&P and 20 affiliated debtors
each filed a Chapter 11 petition (Bankr. S.D.N.Y.) after reaching
deals for the going concern sales of 120 stores.  The Debtors are
seeking joint administration under Case No. 15-23007.

As of Feb. 28, 2015, the Debtors reported total assets of $1.6
billion and liabilities of $2.3 billion.

The Debtors tapped Weil, Gotshal & Manges LLP as counsel, Evercore
Group L.L.C., as investment banker, FTI Consulting, Inc., as
financial advisor, Hilco Real Estate, LLC, as real estate advisor,
and Prime Clerk LLC, as claims and noticing agent.

Judge Robert D. Drain of the U.S. Bankruptcy Court for the
Southern District of New York issued an order directing joint
administration of the Chapter 11 cases of The Great Atlantic &
Pacific Tea Company, Inc., and its debtor affiliates under Lead
Case No. 15-23007.


B & B METALS: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of B & B Metals, Inc. as of July
26, according to a court docket.

                        About B & B Metals
   
B & B Metals, Inc., sought Chapter 11 protection (Bankr. C.D. Ill.
Case No. 17-80859) on June 9, 2017.  The petition was signed by
Larry Beam, President.  The Debtor estimated assets of less than
$100,000 and liabilities of less than $500,000.  The Debtor tapped
Justin Raver, Esq., at Barash & Everett, LLC, as counsel.


BAVARIA YACHTS: Sale or Abandonment of Office Goods Approved
------------------------------------------------------------
Judge James R. Sacca of the U.S. Bankruptcy Court for the Northern
District of Georgia authorized Bavaria Yachts USA, LLLP, to (i)
sell all the office furniture, equipment, signage and decor
("Office Goods") it previously used in the operation of its
business in its various locations; to wit the offices in Atlanta,
Georgia, Connecticut and Maryland, to any interested party for any
price exceeding $100 on any Lot; or (ii) alternatively, abandon the
Office Goods if it cannot find them a buyer.

Any sale of the Personal Property sold is sold free and clear of
liens, claims, encumbrances, and interests with respect to the
purchaser.

The Debtor will report in the Monthly Operating Report each sale of
the Property or if not sold, that the Property was abandoned.

The requirements set forth in Bankruptcy Rule 6004 are satisfied by
the contents of the Motion or otherwise deemed waived.  The terms
of the Order will be effective and enforceable immediately upon its
entry.

                     About Bavaria Yachts USA

Bavaria Yachts USA, LLLP, is a Georgia limited liability limited
partnership which is in the business of buying and selling new and
used Bavaria boats.

Bavaria Yachts USA, LLLP sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ga. Case No. 16-68583) on Oct. 18,
2016.  The petition was signed by Kenneth Feld, manager of Oddbody
LLC, the Debtor's general partner.  At the time of the filing, the
Debtor estimated its assets and liabilities at $1 million to $10
million.

The Debtor tapped Louis G. McBryan, Esq., of McBryan LLC, to serve
as legal counsel in connection with its Chapter 11 case.  The
Debtor hired Alexander Dombrowsky, Esq., at Robert Allen Law, as
its
special counsel; and Mark M. Chase and Chase CPA, LLC, as its
accountants.

An official committee of unsecured creditors has not been
appointed in the case.


BELLE MERE: Trespassed Property Owned by Spencer, et al., Ct. Finds
-------------------------------------------------------------------
Judge I. Scott Coogler of the U.S. District Court for the Northern
District of Alabama denied Che' D. Williamson's motion to dismiss
the complaint filed against him and others by plaintiffs Beverly
Spencer, C.B.S. Properties, LLC, and B&V Wrecker Service, Inc.

Spencer, C.B.S. and B&V filed an action against Defendants Jonathan
Benison, in his individual capacity and in his official capacity as
Sheriff of Greene County; D.R.E.A.M., Inc.; Belle Mere Properties,
LLC; Accuity Capital Group, LLC; Bernard Gomez; and Williamson,
alleging claims under 42 U.S.C. section 1983 and state law. All
claims relate to a property dispute between Plaintiffs and the
non-governmental Defendants. Williamson's filed a motion to
dismiss.

Williamson, Belle Mere's manager, negotiated on behalf of Belle
Mere to purchase Plaintiffs' land in Greene County, Alabama, on
April 1, 2011. Belle Mere then leased this property to Accuity,
another entity managed by Williamson, and Accuity permitted DREAM
to operate a bingo gambling facility on the property. Over the next
several years, Plaintiffs were involved in a series of disputes
with Belle Mere, Accuity, and DREAM related to the property line
between the land Plaintiffs continued to own and the land sold to
Belle Mere in April 2011. The boundary disputes were the subject of
several lawsuits filed by both Plaintiffs and Defendants. The
bankruptcy court adjudicating Belle Mere's Chapter 11 bankruptcy
petition made a final determination of the property line in an
order dated May 20, 2014. Plaintiffs allege that despite this,
Williamson, Gomez, Belle Mere, Accuity, and DREAM crossed the
boundary line to construct a road and trespassed on Plaintiffs'
land.

The Plaintiffs allege that Williamson was personally involved in
the trespass on their property and the conspiracy with Benison.
While many, if not all, of the allegations in the complaint are
generally applicable to all Defendants, Plaintiffs list Williamson
by name and allege, among other facts, that she "trespassed on to
Plaintiffs' land with bulldozers" and "started building [a] road"
on Plaintiffs' property. Although the evidence may reveal that
Williamson did not personally engage in these acts, this Court is
required to accept the complaint's allegations as true in ruling on
the present motion, and any dispute of material fact are grounds
for denying judgment on the pleadings. Accordingly, the issue of
Williamson's "knowing[] participat[ion]" in the acts alleged in the
complaint is more appropriately decided after the close of
discovery in a motion for summary judgment or at trial.
Williamson's motion to dismiss is denied on this basis.

Plaintiffs further allege that the non-governmental Defendants
operated a bingo gambling facility on the land Plaintiffs sold to
Belle Mere and that Defendants crossed the property line to
construct a road leading to the bingo facility. According to
Plaintiffs, Benison "sided with Defendants on all disputes that
arose from" the alleged trespass to build the road because he
"received funds from Defendants as long as Defendants were
operating the bingo hall." He also allegedly referred to the bingo
hall's customers as "his customers." At this stage, these facts are
sufficient to suggest the existence of a conspiracy, and
Williamson's motion to dismiss is denied on this basis.

However, this ruling does not preclude Defendants from arguing at a
later point in the proceedings when the facts are more fully
developed that no understanding was reached or that no conspiracy
existed, nor does it prevent Williamson from contending that she
was not personally involved in any conspiracy to violate
Plaintiffs' rights.

The district court case is BEVERLY SPENCER, Plaintiff, v. JONATHAN
BENISON, et al., Defendants, No. 7:16-cv-01334-LSC (N.D. Al.).

A full-text copy of Judge Coogler's Memorandum of Opinion and Order
is available at https://is.gd/JTpKFl from Leagle.com.

Beverly Spencer, Plaintiff, represented by Bobby H. Cockrell, Jr.,
COCKRELL & COCKRELL.

C.B.S. Properties LLC, Plaintiff, represented by Bobby H. Cockrell,
Jr., COCKRELL & COCKRELL.

B & V Wrecker Service Inc, Plaintiff, represented by Bobby H.
Cockrell, Jr., COCKRELL & COCKRELL.

Sheriff Jonathan Benison, Defendant, represented by Kendrick E.
Webb -- kwebb@webbeley.com -- WEBB & ELEY PC & J. Randall McNeill
-- rmcneill@webbeley.com -- WEBB & ELY PC.

Dream Inc, Defendant, represented by E. Kenneth Aycock, Jr., E.
KENNETH AYCOCK PC & Mark A. Scogin, ESPY NETTLES SCOGIN & BRANTLEY
PC.

Belle Mere Properties LLC, Defendant, represented by E. Kenneth
Aycock, Jr., E. KENNETH AYCOCK PC & Mark A. Scogin, ESPY NETTLES
SCOGIN & BRANTLEY PC.

Accuity Capital Group LLC, Defendant, represented by E. Kenneth
Aycock, Jr., E. KENNETH AYCOCK PC & Mark A. Scogin, ESPY NETTLES
SCOGIN & BRANTLEY PC.

Bernard Gomez, Defendant, represented by E. Kenneth Aycock, Jr., E.
KENNETH AYCOCK PC & Mark A. Scogin, ESPY NETTLES SCOGIN & BRANTLEY
PC.

Che D Williamson, Defendant, represented by Mark A. Scogin, ESPY
NETTLES SCOGIN & BRANTLEY PC.

Belle Mere Properties, LLC filed a Chapter 11 bankruptcy petition
(Bankr. N.D. Ala. Case No. 12-70782) on April 17, 2012, listing
under $1 million in both assets and debts.  It is represented by:
Herbert M. Newell, III, Esq., at Newell & Associates LLC.


BICOM NY: Sets Bidding Procedures for All Assets
------------------------------------------------
BICOM NY, LLC, ISCOM NY, LLC, and Bay Ridge Automotive Co., LLC
("BRAC"), ask the U.S. Bankruptcy Court for the Southern District
of New York to authorize the bidding procedures in connection with
the sale by auction of substantially all of their tangible and
intangible assets in one or more lots.

BICOM owns and operates a "dual" Jaguar/Land Rover vehicle
franchise ("J/LR Dealership"), pursuant to the J/LR Franchise
Agreements by and between BICOM and Jaguar Land Rover North
America, LLC, the manufacturer.  The J/LR Dealership, as of the
Petition Date, operates under the names "Land Rover Manhattan,"
"Jaguar Manhattan," and "Jaguar Land Rover Manhattan" pursuant to
the Georgetown Lease with Georgetown Eleventh Avenue Owners, LLC.
On June 28, 2017, BICOM received a notice of termination from J/LR
of the J/LR Franchise Agreements, effective July 14, 2017.  On June
30, 2017, BICOM received a notice of termination of the J/LR
Facility Lease from Georgetown, effective July 11, 2017.

ISCOM owns and operates a Maserati vehicle franchise ("Maserati
Dealership"), pursuant to the Maserati Franchise Agreement by and
between ISCOM and Maserati North America, Inc.    The sole member
of ISCOM is BNF Partners.

BRAC owns and operates a Ford vehicle franchise ("Ford
Dealership"), pursuant to the Ford Franchise Agreement by and
between BRAC and Ford Motor Co., the manufacturer.  Boyko, Nilva
and Flom are the members of BRAC.

As of Dec. 11, 2015, the Debtors and Chase entered into, among
other agreements, a line of credit, in the original principal
amount of $82,000,000 and related agreements ("Floorplan
Agreement"), pursuant to which the Debtors requested that Chase
finance the purchase by the Debtors of new and used vehicles from
manufacturers and distributors ("Advances").  In 2016 and 2017, due
to a series of defaults by the Debtors under the Floorplan
Agreement, the Debtors and Chase entered into a series of
forbearance agreements and other modifications to their
relationship under the Floorplan Agreement.  In one of these
modifications, in an effort to fund the Debtors' efforts to
restructure their affairs, Chase agreed to enter into a working
capital agreement with the Debtors for a maximum amount up to
$5,000,000 ("Working Capital Loan").

On May 4, 2017, Chase notified the Debtor that it (i) would no
longer make Advances; (ii) declared immediately due and payable the
sums owed under the Floorplan Agreement, equal to approximately $57
million; and (iii) declared immediately due and payable the sum
owed under the Working Capital Loan, equal to approximately $2
million.  On May 9, 2017, Chase commenced an action in the Supreme
Court for the State of New York, County of New York seeking to: (i)
seize the vehicles, parts and all of Chase's Collateral owned by
the Dealerships; and (ii) restrain the Debtors from removing or
selling any of the Collateral.  

On May 10, 2017, the Supreme Court entered a Temporary Restraining
Order prohibiting the Debtors from selling or transferring any of
the Collateral.  For the reasons set forth in the State Court
Action, Chase informed the Debtors that: (i) it would not finance
the sales of any vehicles owned by the Debtors; and (ii) would not
finance the purchase of any new vehicles.

Subsequent to May 9, 2017, the Debtors began soliciting offers for
the Dealerships.  Their efforts ran a parallel track: the Debtors
through their principals, contacted other J/LR, Maserati and Ford
dealers to gauge their level of interest in the Dealerships.  At
the same time, the Debtors' transaction counsel, Aboyoun & Heller
("A&H"), reached out to its substantial client base of foreign
"high-line”" (i.e., Mercedes-Benz, Audi, Lexus, Porsche, Ferrari)
dealers in the tri-state area.

On June 15, 2017, after weeks of negotiation, the Debtors and Chase
entered into a Forbearance Agreement, dated as of June 1, 2017,
allowing the Debtors to operate, under certain conditions, until
July 17, 2017, if they could secure an agreement ("APA") to sell
the Dealerships and provide the APA to Chase by June 23, 2017 ("APA
Date").  Upon default under the Forbearance Agreement, Chase has
the authority to seize the Collateral on two business days' notice.
However, the Debtors lacked both sufficient liquid assets and the
ability to generate sufficient revenue from their operations to
satisfy the costs of operating the Dealerships in order to
consummate the sale of the Assets as contemplated.  Therefore, in
order to address the imminent termination of the J/LR Franchise
Agreements and J/LR Facility Lease, the Debtors sought Chapter 11
relief on the Petition Date.

On the Petition Date, Georgetown drew down on the $6 million letter
of credit posted for its benefit by Chase to secure rent under the
Georgetown Lease.  According to the Debtors' Bankruptcy Schedules
there are approximately $7 million in priority claims that will be
required to be satisfied before distributions can be made to
general unsecured creditors: (i) approximately 220 current and
former employees of the Debtors are owed approximately $1 million
in unpaid wages earned prior to the Petition Date; and (ii) the
Debtors owe approximately $6 million in unpaid sales tax to the New
York State Department of Taxation and Finance.  

As a result of their inability to satisfy expenses subsequent to
the Petition Date, the Debtors entered into the DIP Financing
Facility with Chase on July 15, 2017 under which Chase will only
finance their operations through Sept. 29, 2017 ("Loan Termination
Date").  As of the Loan Termination Date, it is projected that the
Debtors will owe Chase: (i) $2.5 million under the DIP Financing
Facility; (ii) $2.3 million with respect to vehicles sold that
remained unpaid prior to the Petition Date; (iii) $2 million on
account of the Working Capital Loan; (iv) $6.43 million on account
of letters of credit posted by Chase on behalf of the Debtors for
the benefit of third-party landlords that have been drawn upon; and
(v) $47 million secured by the Debtors' vehicle inventory, totaling
approximately $60 million.

Subsequent to the Petition Date, the Debtors also entered into the
Georgetown Stipulation with Georgetown wherein Georgetown agreed to
defer rent obligations under the J/LR Facility Lease through Sept.
30, 2017.  A hearing to approve the Georgetown Stipulation is
scheduled to be heard on July 28, 2017.

On the Petition Date, the Debtors also retained Carl Marks Advisory
Group ("CMAG") to both assist in the Debtors' operations and in the
solicitation of interested parties to purchase the Assets.

The Debtors will hold a sale at which any bidder whose bid is
deemed to meet all the requirements of the bid requirements, may
participate.  All qualified bidders will then be invited to an
auction for the sale of the Assets.  If there are other bids by a
qualified bidder at the sale hearing, the Debtors, with Chase's
consent, will determine in its reasonable discretion the highest
and best bid, or bids, for the Assets.  Such highest and best bid
will be submitted to the Court for approval at the sale hearing to
approve the sale or other disposition of the Assets as set forth in
the proposed Sale Order.

The Debtors will rely on both the experience of its professionals,
CMAG and A&H, to notify all parties-in-interest of the proposed
sale of the Assets.  In addition, the Debtors will undertake a
robust marketing effort during this period.

The salient terms of the Bidding Procedures are:

  a. Bid Deadline: Sept. 8, 2017 at 4:00 p.m. (ET)

  b. Auction: Sept. 14, 2017 commencing at 9:00 a.m. (ET) at the
offices of the Debtors' counsel, Wilk Auslander LLP, 1515 Broadway,
43rd Floor, New York, New York

  c. Sale Hearing: Sept. 15, 2017 at 10:00 a.m. (ET)

  d. Closing: Sept. 29, 2017

  e. Deposit: 10% of the cash consideration of such Bidder's bid

  f. Bidding at the Auction for each lot or relevant combinations
of lots will begin with the Starting Bid and continue, in one or
more rounds of bidding.

  g. Each Subsequent Bid at the Auction will provide net value to
the estate of at least $100,000 over the Starting Bid or the
Leading Bid, as applicable, which net value may be in the form of
cash or noncash consideration.

  h. As Is Where Is: Any sale of Assets will be on an "as is, where
is" basis and without representations or warranties of any kind,
nature or description.

  i. Free and Clear: Free and clear of all Claims

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

      http://bankrupt.com/misc/BICOM_NY_78_Sales.pdf

As a condition to Chase's consent to the sale of its Collateral
free and clear of its liens, the Sale Procedures Order reserves its
right, in its capacity as DIP Lender and Prepetition Lender, to
credit bid up to the full amount of the DIP Obligations, and,
subject to any successful Challenge, to credit bid up to the full
amount of the Adequate Protection Obligations and the Prepetition
Obligations.

Due to the exigent circumstances, the Debtors believe that the
14-day stay of the effective of the order, pursuant to Bankruptcy
Rule 6004(h) should be waived.

                    About BICOM and ISCOM NY

BICOM NY, LLC, d/b/a Jaguar Land Rover Manhattan --
http://www.landrovermanhattan.com/-- is a dealer of Jaguar and  
Land Rover cars in New York City.  ISCOM NY, LLC, d/ba/ Maserati
of
Manhattan -- http://www.maseratiofmanhattan.com/-- is a retailer  
of Maserati cars in New York City.

BICOM NY, and ISCOM NY and related entity Bay Ridge Automotive
Company, LLC, sought Chapter 11 protection (Bankr. S.D.N.Y. Case
No. 17-11906 to 17-11908) on July 10, 2017.  The petitions were
signed by Gary B. Flom, manager.

BICOM NY disclosed $37.37 million in total assets and $12.17
million in total liabilities as of the bankruptcy filing.  ISCOM NY
disclosed $4.85 million in total assets and $5.33 million in total
liabilities.

Eric J. Snyder, Esq., at Wilk Auslander LLP, serves as the
Debtors'
bankruptcy counsel.


BLACK MOUNTAIN GOLF: Exclusive Plan Filing Period Moved to Sept. 30
-------------------------------------------------------------------
The Hon. Bruce T. Beesley of the U.S. Bankruptcy Court for the
District of Nevada extend the exclusive periods during which Black
Mountain Golf & Country Club may file and solicit acceptances to
its plan of reorganization through September 30, 2017, and confirm
its plan through January 31, 2018.

The Troubled Company Reporter has previously reported that the
Debtor sought for exclusivity extension in order to successfully
complete the appraisal of the Founder's 9 Golf Course. The Debtor
said the valuation of that property would be essential to the
Debtor's drafting a Plan of Reorganization. The Debtor recounted
that the Court had entered an Order on June 23, granting the
Application for Retention and Payment of Valuation Consultants as
Appraiser for the Debtor.

            About Black Mountain Golf & Country Club

Based in Henderson, Nevada, Black Mountain Golf & Country Club is a
member-owned golf facility open to the public.  The Company is
non-profit corporation and a tax-exempt entity.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Nev. Case No. 17-11540) on March 30, 2017.  The
petition was signed by Larry Tindall, president.  At the time of
the filing, the Debtor estimated its assets at $10 million to $50
million and debts at $1 million to $10 million.

The case is assigned to Judge Bruce T. Beesley.  Morris Polich &
Purdy LLP is the Debtor's legal counsel.  The Debtor employed
Coffey & Rader CPA as its accountant and Harper Appraisal, Inc., as
appraiser. The Debtor hires Ray Fredericksen of Per4mance
Engineering in connection with its efforts to rezone its property.

No request has been made for the appointment of a trustee or
examiner, and no official committees have been appointed in this
Chapter 11 case.


BRIGGS DEVELOPMENT: Taps Lee A. Frison as Legal Counsel
-------------------------------------------------------
Briggs Development & Property Management LLC 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 Lee A. Frison, Jr., P.C. to, among
other things, give legal advice regarding its duties under the
Bankruptcy Code; review claims of creditors; and assist in the
preparation of a plan of reorganization or liquidation.

Lee Frison, Jr., Esq., the attorney who will be handling the case,
will charge an hourly fee of $350.

Kevin Briggs, the Debtor's president, paid the firm $5,000, plus
$1,717 to pay the filing fees prior to the petition date.

The firm does not represent any interest adverse to the Debtor or
its estate, and is "disinterested" as defined in section 101(14) of
the Bankruptcy Code, according to court filings.

The firm can be reached through:

     Lee A. Frison, Jr., Esq.
     Lee A. Frison, Jr., P.C.
     Promenade II, Suite 1900
     1230 Peachtree Street
     Atlanta, GA 30309
     Phone: (404) 942-4330
     Email: lee@frisonlaw.com

              About Briggs Development & Property

Briggs Development & Property Management LLC, a company based in
Atlanta, Georgia, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ga. Case No. 17-59993) on June 5,
2017.  Kevin Jerome Briggs, Sr., president, signed the petition.  

At the time of the filing, the Debtor disclosed that it had
estimated assets and liabilities of less than $1 million.


BRUGNARA PROPERTIES: Taps Ruth Auerbach as Legal Counsel
--------------------------------------------------------
Brugnara Properties VI seeks approval from the U.S. Bankruptcy
Court for the Northern District of California to hire legal counsel
in connection with its Chapter 11 case.

The Debtor proposes to hire Ruth Elin Auerbach, Esq., to, among
other things, give legal advice regarding its duties under the
Bankruptcy Code; help resolve issues involving creditors; and
assist in the preparation and implementation of a bankruptcy plan.

David Chandler, Esq., former attorney of the Debtor, transferred to
Ms. Auerbach approximately $44,000 of the $50,000 retainer he
received prior to the petition date.  Ms. Auerbach has agreed to
accept it as a retainer, according to court filings.  

Ms. Auerbach does not hold any interest adverse to the Debtor's
estate, according to court filings.

Ms. Auerbach maintains an office at:

     Ruth Elin Auerbach, Esq.
     77 Van Ness Avenue, Suite 201
     San Francisco, CA 94102
     Tel: (415) 673-0560
     Fax: (415) 673-0562
     Email: attorneyruth@sbcglobal.net

                  About Brugnara Properties VI

Brugnara Properties VI, a company San Francisco, California, sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D.
Calif. Case No. 17-30501) on May 22, 2017.  Katherine Brugnara,
president, signed the petition.  

At the time of the filing, the Debtor disclosed that it had
estimated assets and liabilities of $10 million to $50 million.  

Judge Hannah L. Blumenstiel presides over the case.

On Sept. 17, 2010, the Debtor sought bankruptcy protection (Bankr.
N.D. Cal. Case No. 10-33637), which case was converted to a Chapter
7 liquidation.  The Debtor filed another Chapter 11 case on Dec.
31, 2014 (Bankr. N.D. Cal. Case No. 14-31867), which has been
dismissed by a judge.


CAROLINA BEER: S&P Affirms 'B-' CCR & Alters Outlook to Negative
----------------------------------------------------------------
S&P Global Ratings affirmed its 'B-' corporate credit rating on
Carolina Beer & Beverage Holdings LLC and revised the outlook to
negative from stable.

S&P said, "At the same time, we affirmed our 'B-' issue level
rating on the company's $130 million senior secured notes, which
mature in August 2018. The recovery rating remains '4', indicating
our expectations for an average (30%-50%; rounded estimate: 40%) in
the event of payment default."

Adjusted debt as of March 31, 2017, was $206 million.

The affirmation with a negative outlook and revised liquidity
assessment reflects the risk associated with the looming maturities
of its revolver and senior secured notes while acknowledging the
company's improved operating performance through the first quarter
of 2017. The company faces the maturity of its entire capital
structure over the next 12 months with its $25 million revolver
maturing in January 2018 and $130 million senior secured notes
maturing in August 2018. The company has begun seeking an extension
of its revolver, which we expect to be completed in August, and
then to address the maturity of the notes.

The negative outlook reflects the refinancing risk associated with
the upcoming maturities of the $25 million revolver in January 2018
and $130 million senior notes in August 2018. Refinancing risk is
exacerbated by the potential loss of a large customer (givin
concentration concerns), sharp downturn in the energy drink market,
or deteriorating market conditions. The outlook also reflects the
expectation that the company will successfully extend its revolver
and refinance, or make significant progress toward refinancing its
senior secured notes at least six months before the August 2018
maturity.

S&P said, "We could lower the rating at least two notches if a
refinancing of maturing debt becomes increasingly unlikely because
credit markets have tightened or operating performance has
unexpectedly deteriorated. Operational underperformance could be
the result of the sudden loss of a large customer or sudden decline
in the demand for energy drinks as the result of regulation or
health concerns.

"We would likely revise our outlook to stable if the company
successfully completes a refinancing of its maturing debt in
advance of the maturity dates while maintaining operational
performance."


CARRANO AIRCONTRACTING: Hires AJ Santye as Accountant
-----------------------------------------------------
Carrano Aircontracting, Inc., seeks authority from the U.S.
Bankruptcy Court for the District of New Jersey to employ AJ Santye
& Co., Inc., as accountant to the Debtor.

Carrano Aircontracting requires AJ Santye to:

   a. prepare tax returns;

   b. assist in the filing of monthly reports and other required
      financial documents; and

   c. assist in the formulation of a plan of reorganization.

AJ Santye will be paid at these hourly rates:

     Partner                   $300
     Senior Staff              $150
     Staff                     $110

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

Anthony Greco, member of AJ Santye & Co., 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.

AJ Santye can be reached at:

     Anthony Greco
     AJ SANTYE & CO., INC.
     36 E Main St.
     Somerville, NJ 08876
     Tel: (908) 704-1400

               About Carrano Aircontracting, Inc.

Carrano Aircontracting, Inc. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. N.J. Case No. 17-22252) on June 15,
2017.  Steven Carrano, its president,  signed the petition.

At the time of the filing, the Debtor disclosed $43,600 in assets
and $1.81 million in liabilities.

Judge Michael B. Kaplan presides over the case.


CHARLES E. WALKER: Court Denies Bid to Stay Chapter 11 Case
-----------------------------------------------------------
Debtor Charles E. Walker filed a Motion for Withdrawal of Reference
on June 28, 2017.  On July 11, 2017, the Chapter 11 Trustee of the
Debtor's estate, John C. McLemore, filed his objection to the
Debtor's Motion for Withdrawal of Reference.  The Debtor also filed
an Emergency Motion for a Stay of the Bankruptcy Proceedings on
July 21, 2017.  The Debtor seeks an order from the Court staying
the proceedings in the Debtor's Chapter 11 bankruptcy action
pending the Court's decision on the Debtor's Motion for Withdrawal
of Reference.  The Trustee has likewise filed an objection to the
Debtor's Motion for a Stay.

Judge Gershwin A. Drain of the U.S. District Court for the Middle
District of Tennessee denied Walker's motion to withdraw the order
of reference and his emergency motion for stay.

The Debtor argues that withdrawal of the bankruptcy reference is
mandatory under 28 U.S.C. section 157(d) because the Debtor raised
constitutional challenges in his objections to the Trustee's
reorganization plan. Conversely, the Trustee argues that Debtor has
failed in his burden demonstrating that withdrawal of the reference
is mandatory under 28 U.S.C. section 157(d). The Court agrees with
the Trustee.

In order to invoke the mandatory provision of 28 U.S.C. section
157(d), the Debtor must show that "significant interpretation of
the non-Code statute" or the U.S. Constitution is required. Here,
the Debtor has failed in his burden demonstrating that the current
proceedings before the Bankruptcy Court cannot be resolved without
"substantial and material consideration" of the constitutional
issues Debtor claims are implicated by his Chapter 11 case. Nor is
the Court convinced that resolution of Debtor's constitutional
challenges will require more than application of well-settled or
hornbook non-bankruptcy law.

While the Debtor has not moved for permissive withdrawal under 28
U.S.C. section 157(d), the Court notes that permissive withdrawal
is also inappropriate.

The dispute concerns confirmation of the Trustee's plan, which is a
core proceeding pursuant to 28 U.S.C. section 157(b)(2)(L). The
other factors this Court must consider do not support permissive
withdrawal. The Court finds that withdrawal of the reference will
thwart the efficient administration of the Debtor's estate and
cause further undue delay. Accordingly, permissive withdrawal is
not appropriate under the circumstances.

Because the Court finds that withdrawal of the reference is
unwarranted, the Debtor's Motion for a Stay of the Bankruptcy
Proceedings will be denied as moot.

This action is, thus, dismissed.

The district court case is CHARLES E. WALKER, Chapter 11,
Plaintiff, v. JOHN C. McLEMORE, Defendant, Case Nos. 3:16-bk-03304,
3:17-cv-00980 (M.D. Tenn.).

A full-text copy of Judge Drain's Opinion and Order is available at
https://is.gd/TMOp20 from Leagle.com.

Charles E. Walker, Plaintiff, represented by Charles E. Walker,
Woodbine Legal.

Charles E. Walker, Plaintiff, represented by Jamaal L. Boykin --
jboykin@mansonjohnsonlaw.com -- Manson Johnson Conner, PLLC.

John C. McLemore, Defendant, represented by Phillip G. Young, Jr.
-- phillip@thompsonburton.com -- Thompson Burton PLLC.

Family Trust Services LLC, Respondent, represented by Paul J. Krog
– pkrog@leader.bulso.com -- Leader, Bulso & Nolan, PLC.

Mr. John Sherrod, III, Respondent, represented by Paul J. Krog,
Leader, Bulso & Nolan, PLC.

Mr. Billy Gregory, Respondent, represented by Paul J. Krog, Leader,
Bulso & Nolan, PLC.

Regal Homes Co., Respondent, represented by Paul J. Krog, Leader,
Bulso & Nolan, PLC.

Mr. Steven Reigle, Respondent, represented by Paul J. Krog, Leader,
Bulso & Nolan, PLC.

Charles E. Walker filed for Chapter 11 Bankruptcy Protection
(Bankr. W.D. Tenn. Case No. 16-10413) on Feb. 29, 2016.


CHARLES WALKER: Trustee Selling Lago Vista Property for $1.3M
-------------------------------------------------------------
John C. McLemore, the Trustee in the Chapter 11 case of Charles E.
Walker, asks the U.S. Bankruptcy Court for the Middle District of
Tennessee to authorize him to sell the 5.9 acres of unimproved real
property in Travis County, Texas, commonly known as 5619 Lakeshore
Drive, Lago Vista, Texas, to AJSB, LLC and/or Assigns for
$1,310,000.

One of the remaining assets the Plan Trustee is obliged to
liquidate is the Property.  He sought and obtained authority to
employ Jordan Johnson of McAllister & Associates as the Plan
Trustee's real estate broker to assist him in the liquidation of
various real property assets in Burnet and Travis Counties, Texas,
including this asset.

Mr. Johnson procured a contract to sell the Property to the Buyer
for $1,310,000.  

The Trustee proposes to pay the broker's commission and other
expenses of sale from the sales proceeds at closing.

The sale should be free and clear of any and all liens, claims,
security interests and encumbrances, except year 2017 ad valorem
tax liens, with all of those matters, except year 2017 ad valorem
tax liens, to attach to the sales proceeds.  The sale is subject to
year 2017 ad valorem tax liens which will be prorated between the
seller and the purchaser at closing.  The Plan Trustee believes
that the only remaining unpaid creditor in this ease is First State
Bank Central Texas.  He also believes that First State Bank Central
Texas holds either deed of trust or abstract of judgment liens or
both against the subject property.

The Trustee does not yet know whether the proposed sale will create
a federal income tax liability.  He may have to reserve some of the
net sales proceeds in order to pay estimated federal income taxes
for a possible capital gain.

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

      http://bankrupt.com/misc/Charles_Lucas_379_Sales.pdf

The Trustee asks the Court to terminate the stay of Federal Rule of
Bankruptcy Procedure 6004(h).

The Purchaser can be reached at:

          AJSB, LLC
          P.O. Box 161733
          Austin, TX 78715

Charles E. Walker sought Chapter 11 protection (Bankr. W.D. Tenn.
Case No. 16-10413) on Feb. 29, 2016.  Judge Ronald S. Mashburn is
the case judge.  John C. McLemore was appointed as Chapter 11
trustee for the Debtor's estate.  The Trustee employed Jordan
Johnson of McAllister & Associates as real estate broker.


CHINA FISHERY: In Talks With Creditors, Hopes to Reach Consensus
----------------------------------------------------------------
China Fishery Group Limited said it is presently in talks with
creditors to reach consensus on a Chapter 11 plan that's set to be
filed by Sept. 29, 2017.  As of July 28, 2017, though the Company
has not entered into any binding agreement with any party for
financial restructuring of the Company and its subsidiaries.

The board of directors of China Fishery wishes to provide an update
on Chapter 11 proceedings currently before the U.S. Bankruptcy
Court in the Southern District of New York, in addition to the
steps taken by the Company to progress a comprehensive and
consensual restructuring.

On June 8, 2017, pursuant to the Company's Chapter 11 filings, the
N.Y. Court granted an order extending until Nov. 1, 2017 the period
during which the Company has the exclusive right to file with the
NY Court a plan of reorganization.  In granting the order, the NY
Court required that the Chapter 11 debtors meet the obligations set
down in an exclusivity protocol, which lays out a time line for key
milestones leading up to the filing of a disclosure statement and
Chapter 11 plan on Sept. 29, 2017.  The Company has successfully
complied with that time-line.

One of the milestones in the exclusivity protocol was to provide to
certain lenders before the NY Court, subject to non-disclosure
requirements, a report prepared by RSM Corporate Advisory (Hong
Kong) Limited ("RSM") regarding its forensic review no later than
June 15, 2017.

In accordance with the protocol, a draft interim forensic report
was delivered by RSM to the Independent Review Committees of
Pacific Andes International Holdings and Pacific Andes Resources
Development on June 15, 2017, subject to strict confidentiality
agreement.  The report delivered was very much an interim draft and
RSM's forensic review continues to be ongoing.

As the review is being conducted independently, the timing of its
completion is not within the control of the Company.  An
announcement of the findings of RSM's review will be made following
its completion.

Under the Exclusivity Order, the Company and other Chapter 11
debtors across the broader Pacific Andes Group are required to
develop and file a Chapter 11 plan.  In order to take that process
forward, group and individual meetings were convened by the
Company, its New York counsel and financial advisor during the week
commencing June 26, 2017, in order to provide economic
restructuring proposals to those creditors bound by confidentiality
agreement.  The key purpose was to obtain feedback from creditors
that could help shape the restructuring plan. Importantly, in the
course of the meetings, emphasis was given to the fact that the
plan being developed by the Company is complementary to, and in no
way competitive with, the process being undertaken by the Chapter
11 trustee.  The Company's objective in making the Chapter 11
filings has always been to maximize economic return to all
creditors, and that remains the focus of the restructuring planning
in accordance with the exclusivity protocol, term sheets were
distributed on July 15, 2017, to creditors which are before the NY
Court and bound by confidentiality.  The term sheets outline the
principal terms of a proposed financial restructuring of the
debtors under a joint Chapter 11 plan.  The intention is that the
term sheets be the focus of negotiations with creditors to develop
as much consensus as possible in advance of the debtors' deadline
under the Exclusivity Order to file the restructuring plan by Sept.
29, 2017.  Further meetings with creditors have been held, and will
continue to be held to gain feedback on the term sheets and carry
forward the process of restructuring plan development.

As of July 28, 2017, the Company has not entered into any binding
agreement with any party with respect to the financial
restructuring of the Company and its subsidiaries.

On 24 July 2017, the Singapore High Court (the "Court") heard an ex
parte application that the appointment of William A. Brandt, Jr
(the "Chapter 11 Trustee"), as Chapter 11 trustee of CFG Peru
Investments Pte. Ltd. ("CFG Peru Singapore") be recognized in
Singapore.  The Court granted the recognition and held that the
Chapter 11 Trustee shall have the like powers in relation to the
property and assets of CFG Peru Singapore located in Singapore (and
the proceeds thereof) as he would have under the US Bankruptcy
Code, provided that such powers are available to a judicial manager
appointed under the Companies Act (Chapter 50 of
Singapore).  The Court also held that the Chapter 11 Trustee be
recognized as the foreign representative of CFG Peru Singapore and
be entrusted with the administration and realization of all or any
part of the property and assets of CFG Peru Singapore located in
Singapore.  In addition, the Court ordered that, for so long as the
CFG Peru Singapore Chapter 11 proceedings (including any extensions
thereto) are in force, except with the consent of the Chapter 11
Trustee, or with the leave of the Court and (where the Court gives
leave) subject to such terms as the Court may impose:

   (1) no receiver, manager, receiver and manager, judicial
manager, or administrative receiver of all or any of the CFG Peru
Singapore's property, assets or undertakings shall be appointed;

   (2) no actions or proceedings (whether in rem or in personam or
otherwise), including winding up proceedings or arbitration, and no
arrest, attachment, sequestration, seizure, detention, enforcement,
execution or other legal process shall be commenced or continued
and no distress may be levied against the CFG Peru Singapore or its
property, assets and undertakings; and

   (3) no steps will be taken to enforce security over the CFG Peru
Singapore's property or assets or to repossess any goods under any
hire-purchase agreement, chattels leasing agreement
or retention of title agreement.

The Company will make further announcements as material
developments arise.

By Order of the Board Ng Puay Yee (Jessie) Executive Director and
Chief Executive Officer.

            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 debt 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.


CHRESTOTES INC: Hires Meridian Professional as Appraiser
--------------------------------------------------------
Chrestotes, Inc., seeks authority from the U.S. Bankruptcy Court
for the Central District of California to employ Meridian
Professional Real Estate Appraising & Consulting, Inc., as
appraiser to the Debtor.

Chrestotes, Inc. requires Meridian Professional to appraise the
Debtor's three residential rental properties:

   a. 779 Arbolado Drive, Fullerton, CA 92835;
   b. 820 Mesita Place, Fullerton, CA 92835; and
   c. 830 Arbolado Drive, Fullerton, CA 92835.

Meridian Professional will be paid a flat fee of $2,000.

Stephen D. Smith, principal of Meridian Professional Real Estate
Appraising & Consulting, 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.

Meridian Professional can be reached at:

     Stephen D. Smith
     MERIDIAN PROFESSIONAL REAL ESTATE
     APPRAISING & CONSULTING, INC.
     515 S. Flower Street, Suite 3600
     Los Angeles, CA 90071
     Tel: (213) 236-3669
     Fax: (213) 232-3256

                   About Chrestotes, Inc.

Chrestotes, Inc., based in Fullerton, California, filed a Chapter
11 petition (Bankr. C.D. Cal. Case No. 17-12660) on July 1, 2017.
The Hon. Scott C Clarkson presides over the case. David A Tilem,
Esq., at the Law Offices of David A Tilem, serves as bankruptcy
counsel.

In its petition, the Debtor estimated $3.12 million in assets and
$4.92 million in liabilities. The petition was signed by Dolly
Valdivia, secretary.



CONDO 64: Can Continue Using Cash Collateral Through Sept. 22
-------------------------------------------------------------
Judge James J. Tancredi of the U.S. Bankruptcy Court for the
District Connecticut has signed a 14th order authorizing Condo 64,
LLC, to use American Eagle Financial Credit Union's cash collateral
in the ordinary course of its business up to the maximum amount of
$104,438 for a period of 60 days commencing July 24, 2017 and
continuing through September 22, 2017.

A final hearing on the Debtor's use of cash collateral will be held
on September 14, 2017, at 12:00 p.m.

On the Petition Date, American Eagle Financial asserts the
outstanding principal balance was $2,489,101 with accrued interest
of $276,423, secured by a first priority mortgage and assignment of
rents on the Property and a security interest in all of the
Debtor's personality.

As adequate protection to American Eagle Financial for the Debtor's
use of cash collateral and for any diminution in the Collateral,
American Eagle Financial is granted the following:

     (a) a continuing postpetition lien and security interest in
all prepetition property of the Debtor as it existed on the
Petition Date, of the same type against which American Eagle
Financial held validly protected liens and security interests as of
the Petition Date; and

     (b) a continuing postpetition lien in all property acquired by
the Debtor after the Petition Date.  The Replacement Liens will
maintain the same priority, validity and enforceability as American
Eagle Financial's liens on the initial collateral and will be
recognized only to the extent of any diminution in the value of the
collateral resulting from the use of cash collateral pursuant to
the court order.

     (c) the Debtor will pay to American Eagle Financial the sum of
$7,500 for the month of June, which payment will satisfy the
Debtor's obligation under Section 362(d)(3)(B) of the Bankruptcy
Code during the cash collateral usage period.

     (d) the Debtor agrees to produce a commitment letter by
October 1, 2017, for refinancing a portion of the secured debt of
American Eagle.  In the event the Debtor has not produced a
commitment letter by October 1, 2017, then the Debtor's right to
use cash collateral will be automatically terminated as of October
1, 2017, and be subject to further order of the Court, with the
Debtor and American Eagle reserving all rights to seek relief
before the Court.  

A full-text copy of the Fourteenth Order, dated July 25, 2017, is
available at https://is.gd/ISO1mz

                       About Condo 64 LLC

Condo 64, LLC, a single asset real estate under 11 U.S.C. Sec.
101(51B), is the owner of 67 of the 112 condominium units and the
leases and rents in connection therewith at the location known as
505-509 Burnside Avenue, East Hartford, Connecticut.

Condo 64 filed a Chapter 11 petition (Bankr. D. Conn. Case No.
15-21797) on Oct. 16, 2015.   The petition was signed by Oliver C.
Pinkard, managing member.  The case is assigned to Judge Ann M.
Nevins.  The Debtor disclosed total assets at $4.6 million and
total liabilities at $3.1 million at the time of the filing.

The Debtor engaged Kaitlin M. Humble, Esq. and Craig I. Lifland,
Esq., at Halloran & Sage LLP, as bankruptcy counsel.  The Debtor
also tapped Peter Kulas and Tomasetti Kulas & Company, P.C., as
accountant.

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


CONOVER ROAD: Hires Robert C. Nisenson as Attorney
--------------------------------------------------
Conover Road, LLC, seeks authority from the U.S. Bankruptcy Court
for the District of New Jersey to employ Robert C. Nisenson, LLC,
as attorney to the Debtor.

Conover Road requires Conover Road to represent the Debtor in the
Chapter 11 bankruptcy proceeding.

Conover Road will pay the firm at the hourly rate of $300. The Firm
will be paid a retainer of $4,000, and $1,717 filing fee. The Firm
will also be reimbursed for reasonable out-of-pocket expenses
incurred.

Robert C. Nisenson, member of Robert C. Nisenson, LLC, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

The Firm can be reached at:

     Robert C. Nisenson, Esq.
     ROBERT C. NISENSON, LLC
     10 Auer Court
     East Brusnwick, NJ 08816
     Tel: (732) 238- 8777

                   About Conover Road, LLC

Conover Road, LLC, filed a Chapter 11 bankruptcy petition (Bankr.
D.N.J. Case No. 17-21402) on June 1, 2017, disclosing under $1
million in both assets and liabilities. The Debtor is represented
by Robert C. Nisenson, Esq., at Robert C. Nisenson, LLC.


CONTAINER STORE: Moody's Affirms B2 Corporate Family Rating
-----------------------------------------------------------
Moody's Investors Service affirmed The Container Store Group,
Inc.'s B2 Corporate Family Rating (CFR), B2-PD Probability of
Default Rating (PDR), and SGL-3 Speculative Grade Liquidity Rating
following the announced amendment and maturity extension of The
Container Store, Inc.'s ("Container Store") senior secured term
loan B. Moody's also assigned a B2 instrument rating to the amended
term loan B as well as an SGL-3 Speculative Grade Liquidity Rating
at The Container Store, Inc. At the same time, Moody's reinstated
the B2 CFR and B2-PDR at The Container Store, Inc. The outlook is
stable. Subsequent to this rating action Moody's will withdraw all
corporate level ratings at The Container Store Group, Inc.

The proposed transaction is leverage neutral and will extend the
maturity on the company's term loan B to 2021 from April 2019,
which is credit positive. However, it is expected to come with
significantly higher pricing on the term loan that will result in
an additional $12 million of annual cash interest expense for the
company which will weigh on interest coverage and liquidity. The
term loan will also include a total net leverage test and the
company will look to extend the maturity on its ABL facility to
August 2022 (or 90 days prior to the term loan maturity) from
October 2020.

"The affirmation of the B2 CFR reflects the company's modest
leverage and Moody's expectation that earnings growth and
manageable capital spending will be more than sufficient to support
the incremental cash interest associated with the amended
facility," said Moody's Assistant Vice President and lead analyst
Dan Altieri.

Lease adjusted debt to EBITDA pro-forma for the proposed
transaction will remain solid for the rating category at 4.6x for
the year ended April 1, 2017. However, Moody's adjusted pro-forma
interest coverage (EBIT/Interest Expense) will be weak for the
rating category and drop to around 1.2 times (from 1.6 times) after
factoring in the additional interest. In addition, the incremental
cash interest will somewhat offset cost savings initiatives and
moderate levels of capex anticipated at the company. Moody's
expects interest coverage will improve over the next 12-24 months
back to the mid-1 times range with modestly positive free cash flow
over the period.

Moody's took the following rating actions:

Issuer: The Container Store, Inc.

Corporate Family Rating, Reinstated at B2

Probability of Default Rating, Reinstated at B2-PD

New $316 Million Senior Secured Term Loan B due 2021, Assigned at
B2 (LGD3)

Speculative Grade Liquidity Rating, Assigned at SGL-3

Outlook, Maintained at Stable

Moody's affirmed the following ratings and they will subsequently
be withdrawn:

Issuer: The Container Store Group, Inc.

Corporate Family Rating, Affirmed at B2

Probability of Default Rating, Affirmed at B2-PD

Speculative Grade Liquidity Rating, Affirmed at SGL-3

Outlook, Maintained at Stable

The rating on the existing senior secured term loan B due 2019 is
unchanged and will be withdrawn upon close of the proposed
transaction.

RATINGS RATIONALE

Container Store's B2 CFR reflects the company's moderately high
lease adjusted leverage and weak interest coverage, as well as its
small scale and limited product focus relative to other global
retailers. The rating also reflects the discretionary nature of its
product offering, which increases susceptibility to changes in
consumer spending habits. The rating is supported by the company's
recognized brand name and solid market position in the narrowly
defined "storage and organization" category of specialty retail, as
well as its demonstrated ability to maintain solid gross profit
margins through economic cycles. The company benefits from a
sizeable offering of exclusive/proprietary products, a highly
trained sales force, and a more affluent customer base.

Container Store's liquidity is adequate, as reflected by Moody's
SGL-3 liquidity rating. Moody's anticipates that balance sheet
cash, modestly positive free cash flow, and availability under the
company's $100 million US asset based revolver due 2022 (after
maturity extension) and approximately $16.3 million under a Swedish
revolver (both unrated by Moody's) will be sufficient to cover
capital spending and debt amortization over the next 12-18 months.
The term loan is expected to contain a total net leverage test set
at 5 times. Moody's expects the company will maintain sufficient
cushion under this test.

The revolving credit facility has a springing fixed charge ratio
test of 1.0 times which applies only if excess availability falls
below $10 million. Moody's does not expects revolver availability
to approach these levels during the next twelve months, but
anticipate sufficient cushion if it were tested. As of April 1,
2017 the facility was undrawn, but Moody's anticipates modest
reliance on the facility going forward to fund seasonal working
capital needs. The company's Swedish credit facility is subject to
a minimum equity test and maximum net debt to EBITDA test with
which the company was in compliance with as of April 1, 2017.
Alternative sources of liquidity are limited, since substantially
all of the company's assets are pledged to its credit facilities.

The stable outlook reflects Moody's expectations for modest
improvement in credit metrics over next 12-24 months, with revenue
and earnings growth coming largely from new store openings,
continued benefits from the 2016 SG&A cost savings initiative, as
well as the implementation of the company's publicly announced 2017
optimization plan.

A ratings upgrade would require the company to manage profitable
growth while improving its credit metrics such that EBIT/interest
is above 2.0 times and debt/EBITDA is sustained below 5.0 times. An
upgrade would also require the company to maintain adequate
liquidity and a conservative financial policy.

The ratings could be downgraded in the event of a deterioration in
credit metrics from expected levels, either through weaker
operating performance or more aggressive financial policies. A
deterioration in liquidity could also lead to a ratings downgrade.
Specific metric include debt/EBITDA rising above 6.0 times or
interest coverage sustained below 1.25 times.

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

The Container Store, Inc., is a retailer of storage and
organization products in the United States and Europe. The company
operated 86 specialty retail stores in the United States as of
April 1, 2017, and operates in Europe through its wholly owned
Swedish subsidiary, Elfa International AB (Elfa). Net revenue for
the latest twelve month period ended April 1, 2017 was around $820
million. The company is majority owned by Leonard Green & Partners,
L.P. (LGP).


COUDERT BROTHERS: Arbitration Award Dispute Sent to Dist. Court
---------------------------------------------------------------
The Bankruptcy Court for the Southern District of New York filed
proposed findings of fact and conclusions of law for review by the
District Court for the Southern District of New York.

Plaintiff Development Specialists, Inc., in its capacity as Plan
Administrator of Coudert Brothers, LLP has moved the Court to
confirm an arbitration award pursuant to 9 U.S.C. section 9 in this
adversary proceeding captioned COUDERT BROTHERS LLP, Chapter 11,
Debtor. DEVELOPMENT SPECIALISTS, INC., in its capacity as Plan
Administrator for Coudert Brothers LLP, Plaintiff, v. STEPHEN
MONTRAVERS and MONTRAVERS & PARTNERS, Defendants, Adv. Pro. No.
08-01453 (RDD)(Bankr. S.D.N.Y.).

Coudert Brothers was an international law firm headquartered in New
York which was organized as a New York limited liability
partnership as of Oct. 1, 2001. Montravers was a partner in the
Debtor.

On Sept. 22, 2006, the Debtor filed a voluntary petition for relief
under chapter 11 of the Bankruptcy Code. By Order dated August 27,
2008, this Court confirmed the First Amended Plan of Liquidation of
Coudert Brothers LLP dated May 9, 2008.

Within two weeks after the Effective Date of the Plan, the Plan
Administrator commenced adversary proceedings against various
Non-Participating Partners, including Montravers. The adversary
complaint against Montravers and Montravers & Partners sought
breach of contract damages for failure to reimburse or repay
Coudert tax payments that Coudert had made on Montravers's behalf
and loans/advances that Coudert made to Montravers or paid on his
behalf, in the total amount of $22,167.94.

On or about Sept. 6, 2013, the Plan Administrator commenced an
arbitration against ten foreign partners before the International
Centre for Dispute Resolution of the American Arbitration
Association including Montravers.

The Arbitrator issued her Final Award on Sept. 30, 2015. The Final
Award determined that six of the Respondents owed the Plan
Administrator US$267,806.53. The Final Award directed that the
awards against the six Respondents include a total of 34% of the
administrative fees and expenses of the ICDR on a proportionate
basis.

Montravers has not paid any portion of the Montravers Award and he
has not moved to vacate the Montravers Award, after due service.

The Plan Administrator has moved for confirmation of the Montravers
Award. The Plan Administrator's motion involves both core and
non-core matters under 28 U.S.C. section 157. Because a claim for
prepetition breach of contract is non-core, the Bankruptcy Court
cannot enter a final order or judgment with respect to the breach
of contract claim.

The arbitration proceedings and the issuance of the Montravers
Award were in all respects proper, and therefore the Montravers
Award is final and binding. In light of Montravers's failure to
participate in this adversary proceeding, to participate in the
Arbitration and to pay the Montravers Award, a judgment on the
Montravers Award is necessary in order to permit the Plan
Administrator to enforce it.

Based on the foregoing, the Bankruptcy Court respectfully
recommends that the District Court adopt these proposed findings of
fact and conclusions of law and grant the Plan Administrator's
application to confirm the Montravers Award in the amount of
US$38,362.17 and direct the clerk to enter judgment in that amount
plus interest thereon from Sept. 30, 2015 at 9% per annum.

The bankruptcy case is In re: COUDERT BROTHERS LLP, Chapter 11,
Debtor. DEVELOPMENT SPECIALISTS, INC., in its capacity as Plan
Administrator for Coudert Brothers LLP, Plaintiff, v. STEPHEN
MONTRAVERS and MONTRAVERS & PARTNERS, Defendants, Case No. 06-12226
(RDD), (Bankr. S.D. N.Y).

The adversary proceeding is : COUDERT BROTHERS LLP, Chapter 11,
Debtor. DEVELOPMENT SPECIALISTS, INC., in its capacity as Plan
Administrator for Coudert Brothers LLP, Plaintiff, v. STEPHEN
MONTRAVERS and MONTRAVERS & PARTNERS, Defendants, Adv. Pro. No.
08-01453 (RDD), (Bankr. S.D. N.Y).

A full-text copy of the Bankruptcy Court's Proposed Findings of
Fact and Conclusion of Law is available at  https://is.gd/pw7xfk
from Leagle.com.

Coudert Brothers LLP, Debtor, represented by Joseph Corneau --
jcorneau@klestadt.com -- Klestadt Winters et al., Karen S. Frieman
-- kfrieman@sterntannenbaum.com -- Stern Tannenbaum & Bell LLP,
John E. Jureller, Jr. -- jjureller@klestadt.com -- Klestadt Winters
Jureller Southard & Stevens, LLP, Tracy L. Klestadt –
tklestadt@klestadt.com -- Klestadt Winters Jureller Southard &
Stevens, LLP, Patrick J. Orr – porr@klestadt.com -- Klestadt &
Winters, LLP, Brendan M. Scott – bscott@klestadt.com -- Klestadt
Winters Jureller Southard & Stevens, LLP & Sean C. Southard –
ssouthard@klestadt.com -- Klestadt Winters Jureller Southard &
Stevens, LLP.

Kurtzman Carson Consultants LLC, Claims and Noticing Agent,
represented by David J. Adler – dadler@mccarter.com -- McCarter &
English, LLP.

Official Committee Of Unsecured Creditors, Creditor Committee,
represented by Brian F. Moore -- bmoore@teamtogut.com -- Togut,
Segal & Segal LLP.

                   About Coudert Brothers

Coudert Brothers LLP was an international law firm specializing in
complex cross-border transactions and dispute resolution. The
firm had operations in Australia and China. Coudert filed for
Chapter 11 protection (Bankr. S.D.N.Y. Case No. 06-12226) on
Sept. 22, 2006. John E. Jureller, Jr., Esq., and Tracy L.
Klestadt, Esq., at Klestadt & Winters, LLP, represented the Debtor
in its restructuring efforts. Brian F. Moore, Esq., and David J.
Adler, Esq., at McCarter & English, LLP, represented the Official
Committee of Unsecured Creditors. Coudert scheduled total assets
of $30.0 million and total debts of $18.3 million as of the
Petition Date. The Bankruptcy Court in August 2008 signed an order
confirming Coudert's chapter 11 plan. The Plan contemplated on
paying 39% to unsecured creditors with $26 million in claims.

Coudert has been succeeded by Development Specialists, Inc. in its
capacity as Plan Administrator under the confirmed chapter 11
plan.


CROSSROADS INVESTORS: Cal. App. Grants Anti-SLAPP Motion
--------------------------------------------------------
In the appeals case captioned CROSSROADS INVESTORS, L.P., Plaintiff
and Respondent, v. FEDERAL NATIONAL MORTGAGE ASSOCIATION, Defendant
and Appellant, No. C072585 (Cal. App.), Defendant Federal National
Mortgage Association or Fannie Mae filed an appeal challenging the
trial court's denial of defendant's special motion to strike the
complaint under Code of Civil Procedure section 425.16, otherwise
known as the anti-SLAPP statute.

Fannie Mae initiated non-judicial foreclosure proceedings against
property owned by plaintiff Crossroads Investors, L.P., but
Crossroads filed for bankruptcy protection, staying the
proceedings. Its proposed reorganization plan called for selling
the property to a third party, who would reinstate the loan but on
different material terms less favorable to Fannie Mae. Fannie Mae
would not be paid what it was owed in full.

Crossroads filed an action against Fannie Mae for wrongful
foreclosure, breach of contract, fraud, and other tort and contract
causes of action. Fannie Mae filed an anti-SLAPP motion, contending
the actions on which Crossroads based its complaint arose from the
exercise of its constitutional rights of speech and petition;
specifically, statements and omissions made in, or concerning
issues under review in, the bankruptcy action. It also argued
Crossroads could not establish a prima facie case in support of its
claims. The trial court disagreed and denied the motion. In an
earlier opinion, the Court of Appeals of California, Third
District, affirmed the trial court's order.

The Court now reverses the trial court's ruling and directs it to
grant the anti-SLAPP motion. Except for claims based on one of
Fannie Mae's actions, all of Crossroads' claims arose from Fannie
Mae's constitutionally protected actions that were taken as part
of, or related to, the bankruptcy action. Further, Crossroads did
not establish a prima facie case in support of those claims, as all
of its tort claims based on protected activity attacked statements
privileged under Civil Code section 47, and its contract claims
arising from protected activity were barred as a matter of law.

In one of its arguments, Crossroads contends it introduced
sufficient evidence to establish a prima facie case that Fannie Mae
breached the deed of trust by violating section 2924c, which it did
by not providing the amounts required to reinstate and redeem the
loan when Crossroads requested them. The Court disagrees, as
Crossroads introduced no evidence showing its damage was caused by
Fannie Mae's breach.

Crossroads also contends that Fannie Mae's refusal to provide the
accountings damaged it by preventing it from being able to cure the
default or pay off the loan, and thereby subjecting Crossroads to
the complete loss of the property. Crossroads also alleges Fannie
Mae's actions damaged it by preventing it from being able to sell
the property for a price that would have paid Fannie Mae in full
and would have provided a substantial return to Crossroads.

The Court asserts that there is no evidence Fannie Mae's refusal to
provide the accountings proximately caused damage to Crossroads.
Crossroads damaged itself. Having suffered no damage from Fannie
Mae's failure to respond to the requests for accounting, Crossroads
cannot recover on its contract claims based on those omissions. The
anti-SLAPP motion should have been granted against them.

This matter is remanded and the trial court is directed to enter an
order granting the anti-SLAPP motion and striking the allegations
relating to, and all claims alleged against Fannie Mae except those
which arise from Fannie Mae's alleged breach of an oral agreement
to provide notice of the foreclosure sale.

Costs on appeal are awarded to Fannie Mae.

A full-text copy of the Court's Decision dated July 26, 2017, is
available at https://is.gd/cyIHTF from Leagle.com.

Buchalter Nemer, Jeffrey S. Wruble, Esq. -- jwruble@buchalter.com,
Efrat M. Cogan, Esq. -- ecogan@buchalter.com and Oren Bitan, Esq.
-- obitan@buchalter.com for Defendant and Appellant.

Law Offices of Melinda Jane Steuer and Melinda Jane Steuer, Esq.
for Plaintiff and Respondent.


CTI BIOPHARMA: Has $54.8M Est. Financial Standing as of June 30
---------------------------------------------------------------
CTI BioPharma Corp. or CTI Parent Company reported total estimated
and unaudited net financial standing of $54.8 million as of June
30, 2017.  The total estimated and unaudited net financial standing
of CTI Consolidated Group as of June 30, 2017, was $55.3 million.

CTI Parent Company trade payables outstanding for greater than 30
days were approximately $0.9 million as of June 30, 2017.

CTI Consolidated Group trade payables outstanding for greater than
30 days were approximately $0.9 million as of June 30, 2017.

During June 2017, there were solicitations for payment only within
the ordinary course of business and there were no injunctions or
suspensions of supply relationships that affected the course of
normal business.

As of June 30, 2017, there were no amounts overdue of a financial
or tax nature, or amounts overdue to social security institutions
or overdue to employees.

During the month of June 2017, the Company's common stock, no par
value, outstanding increased by 14,605,295 shares.  As a result,
the number of issued and outstanding shares of Common Stock as of
June 30, 2017, was 42,994,481.

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

                    https://is.gd/e9Xo1k

                     About CTI BioPharma

CTI BioPharma Corp. (NASDAQ and MTA: CTIC) --
http://www.ctibiopharma.com/-- is a biopharmaceutical company
focused on the acquisition, development and commercialization of
novel targeted therapies covering a spectrum of blood-related
cancers that offer a unique benefit to patients and healthcare
providers.  The Company has a late-stage development pipeline,
including pacritinib for the treatment of patients with
myelofibrosis.  CTI BioPharma is headquartered in Seattle,
Washington.
                 
CTI Biopharma reported a net loss attributable to common
shareholders of $52 million on $57.40 million of total revenues for
the year ended Dec. 31, 2016, compared to a net loss attributable
to common shareholders of $122.6 million on $16.11 million of total
revenues for the year ended Dec. 31, 2015.

As of March 31, 2017, CTI Biopharma had $44.66 million in total
assets, $55.03 million in total liabilities, and a $10.37 million
total shareholders' deficit.

"We will need to continue to conduct research, development, testing
and regulatory compliance activities with respect to our compounds
and ensure the procurement of manufacturing and drug supply
services, the costs of which, together with projected general and
administrative expenses, is expected to result in operating losses
for the foreseeable future.  Additionally, we have resumed primary
responsibility for the development and commercialization of
pacritinib as a result of the termination of the Pacritinib License
Agreement in October 2016, and we will no longer be eligible to
receive cost sharing or milestone payments for pacritinib's
development from Baxalta Incorporated and its affiliates, or
Baxalta, which is now part of Shire plc.  We have incurred a net
operating loss every year since our formation.  As of March 31,
2017, we had an accumulated deficit of $2.2 billion, and we expect
to continue to incur net losses for the foreseeable future.

"Our available cash and cash equivalents were $33.3 million as of
March 31, 2017.  We believe that our present financial resources,
together with payments projected to be received under certain
contractual agreements and our ability to control costs, will only
be sufficient to fund our operations into the third quarter of
2017.  This raises substantial doubt about our ability to continue
as a going concern," the Company stated in its quarterly report for
the period ended March 31, 2017.


DIAMOND OFFSHORE: Moody's Cuts CFR to Ba3; Outlook Negative
-----------------------------------------------------------
Moody's Investors Service downgraded Diamond Offshore Drilling,
Inc.'s Corporate Family Rating (CFR) and senior unsecured ratings
to Ba3 from Ba2. Diamond's Speculative Grade Liquidity (SGL) Rating
remains SGL-2. The rating outlook was changed to negative from
stable.

"The downgrade of Diamond to Ba3 reflects the diminishing prospects
for a meaningful increase in rig dayrates before mid-2019,
increasing the risk that the decline in its cash flow and credit
metrics will continue through 2019," commented Pete Speer, Moody's
Senior Vice President. "The negative outlook highlights the risk
for further rating downgrades if a meaningful recovery in dayrates
and earnings power continues to slide further into the future
because of weak oil prices and ongoing oversupply of deepwater
rigs."

Downgrades:

Issuer: Diamond Offshore Drilling, Inc.

-- Probability of Default Rating, Downgraded to Ba3-PD from Ba2-
    PD

-- Corporate Family Rating, Downgraded to Ba3 from Ba2

-- Senior Unsecured Regular Bond/Debentures, Downgraded to Ba3
    (LGD 4) from Ba2 (LGD 4)

Affirmations:

-- Speculative Grade Liquidity Rating, Affirmed SGL-2

Outlook Actions:

Issuer: Diamond Offshore Drilling, Inc.

-- Outlook, Changed To Negative From Stable

RATINGS RATIONALE

The rating downgrade and negative outlook for Diamond is driven by
the continued poor fundamental conditions for the offshore drilling
industry, with the company and all of its competitors contending
with lower offshore drilling activity and a significant oversupply
of rigs. Oil prices must rise significantly from present levels to
drive a strong increase in offshore drilling demand that persists
long enough to tighten overall supply and demand conditions and
lift rig dayrates for new contracts above cash breakeven levels.

Diamond's Ba3 CFR is supported by the company's higher contract
coverage through mid-2019 and lower debt levels relative to its
peers. While Moody's expects Diamond's leverage and cash flow based
credit metrics to deteriorate through 2018 driven by the weak
outlook for offshore drilling demand, rig dayrates and fleet
utilization, the company's credit metrics will likely remain
meaningfully stronger than its peer group. The Ba3 rating is also
supported by the company's good liquidity, manageable debt
maturities, no new rig construction commitments and Loews
Corporation's (A3 stable) controlling ownership interest in
Diamond. Loews has a track record of supporting its subsidiaries
through challenging business conditions, albeit generally on a
temporary basis.

Diamond's SGL-2 Rating reflects Moody's expectation that the
company will maintain good liquidity. At March 31, 2017, the
company had $123 million of cash and full borrowing availability on
its $1.5 billion committed revolving credit facility. Despite
weaker earnings as the backlog rolls off, Moody's expects the
company to generate free cash flow in 2017 and 2018 since it has
only maintenance capital expenditures to fund. The company has no
debt maturities until May 2019 when $500 million of senior notes
mature, which the company could repay based on Moody's forecasted
free cash flow. The credit facility matures in October 2020, except
for $40 million of commitments that mature in March 2019 and $60
million of commitments that mature in October 2019. The credit
facility contains a financial maintenance covenant limiting debt to
capitalization to 60%. The credit facility has good headroom for
future compliance with this covenant through 2018.

The negative outlook reflects the risk that a meaningful and
sustained offshore deepwater drilling recovery does not occur by
the time much of Diamond's contracted backlog rolls off beginning
in mid-2019, causing the company's cash flow to fall precipitously.
If Debt/EBITDA rises above 6x then the ratings could be downgraded.
Debt funded acquisitions, newbuild construction or a material loss
of backlog could also result in a ratings downgrade.

An upgrade is unlikely given Moody's expectations for rising
financial leverage over the next few years. If Debt/EBITDA can be
sustained below 5x in 2019 in an improving offshore drilling
market, then the ratings could be upgraded.

The principal methodology used in these ratings was Global Oilfield
Services Industry Rating Methodology published in May 2017.

Diamond Offshore Drilling, Inc. is a global offshore drilling
service contractor headquartered in Houston, Texas.


DIKA-HOMEWOOD: Sand Capital Awarded $1MM in Postpetition Interest
-----------------------------------------------------------------
The case captioned SAND CAPITAL VI LLC, Plaintiff, v. MARSHALL N.
DICKLER and LARRY P. KANER, Defendants, No. 16 C 2865 (N.D. Ill.),
involves a claim for losses, damages, and costs, including
attorneys' fees and post-petition interest, that Plaintiff claims
it is due under indemnity and guaranty agreements that were given
by Defendants as collateral support for debts owed by two LLCs that
were ultimately owned by Defendants. The parties have consented to
the jurisdiction of the U.S. Magistrate Judge and have filed
cross-motions for summary judgment.

Magistrate Judge Mary M. Rowland of the U.S. District Court for the
Northern District of Illinois granted summary judgment in favor of
Sand Capital.

In 2004, Dika-Homewood LLC and Dika-Matteson LLC entered into loans
with Wachovia.  The loans were evidenced by notes and secured by
mortgages encumbering the Properties. The notes were further
secured by Indemnity and Guarantee Agreements, which were executed
by Defendants.  Thereafter, the loans, including the notes,
mortgages and Agreements, were assigned from time to time, and in
2015, the loans were assigned to Plaintiff, which became the holder
of the notes, mortgages, and Agreements. Each of the Agreements
provide that Defendants would be fully liable for the payment of:
(a) any debt, obligation, or liability that the Borrowers were
relieved of in the course of a bankruptcy case; (b) reasonable
costs and expenses, including attorneys' fees, incurred by
Plaintiff as a result of the Properties becoming assets in the
Borrowers' voluntary bankruptcies; and (c) all costs and expenses,
including attorneys' fees, incurred by Plaintiff in order to
enforce the Agreements.

In September 2016, Plaintiff received $2,711,979.81 from
Dika-Matteson and $4,916,290.81 from Dika-Homewood. These amounts,
when added to payments made during the bankruptcy by the Borrowers,
equaled Plaintiff's proofs of claim filed in the applicable
bankruptcy case but did not include either post-petition interest
due on the notes or the attorney fees and expenses incurred by
Plaintiff in either the bankruptcy court or this court.

The parties agree that their dispute is governed by the Agreements.
There is also no dispute that each Defendant executed his
respective Agreement, that the Agreements were assigned to
Plaintiff, and that Plaintiff fully performed its obligations under
the Agreements. The parties dispute, however, whether the
Agreements entitle Plaintiff to post-petition interest and
attorneys' fees.

Judge Rowland finds that the Agreements require Defendants to
reimburse Plaintiff for all attorneys' fees and other Costs
incurred in this Court enforcing the Agreements.

Defendants contend that Plaintiff "cannot possibly have any claim
because the loan indebtedness on the loan and the Note have been
paid and satisfied in full, and the debt on the loan and the Note
have been released." But it is undisputed that the proof of claim
amounts did not include post-petition interest or attorneys' fees.

Defendants also assert that because Plaintiff has made a profit on
its loan purchases, Plaintiff has incurred no damages. But whether
Plaintiff made a profit when it purchased the loans is not relevant
to Defendants' obligations under the Agreements. Defendants'
obligations were not eliminated when Plaintiff purchased the loans.
Instead, Plaintiff stepped into the shoes of its
predecessors-in-interest and succeeded to all rights under the loan
documents, including those in the Agreements.

Finally, Defendants complain generally about the bankruptcy and
instant case not being billed separately and about different tasks
being lumped together, "making it difficult to determine the time
and reasonableness of the time expended on each task." However, by
failing to cite to any specific billing records, Defendants have
waived their objections.

Based on the said reasons, Plaintiff's Motion for Summary Judgment
is granted, and Defendants' Motion for Summary Judgment is denied.
Sand Capital is awarded $1,130,279.50 in post-petition interest and
$505,358.34 in fees and expenses.

A full-text copy of Judge Rowland's Memorandum Opinion and Order is
available at https://is.gd/i6tzh5 from Leagle.com.

Sand Capital VI LLC, Plaintiff, represented by Thomas C. Wolford,
Neal, Gerber & Eisenberg.

Sand Capital VI LLC, Plaintiff, represented by Kevin G. Schneider
-- kschneider@nge.com -- Neal, Gerber & Eisenberg LLP.

Marshall N. Dickler, Defendant, represented by James Alan
Slowikowski, Dickler, Kahn, Slowikowski.

Larry P. Kanar, Defendant, represented by James Alan Slowikowski,
Dickler, Kahn, Slowikowski

DIKA-Homewood, LLC, filed a Chapter 11 petition (Bankr. N.D. Ill.
Case No. 15-04801) on February 13, 2015.  Hon. Pamela S. Hollis
presides over the case.  In its petition, the Debtor estimated $1
million to $10 million in both assets and liabilities.  The
petition was signed by Marshall N. Dickler, on behalf of
Dika-Management, LLC, manager.


ECLIPSE RESOURCES: Moody's Hikes CFR to B3 on Reduced Leverage
--------------------------------------------------------------
Moody's Investors Service upgraded Eclipse Resources Corporation's
(Eclipse) Corporate Family Rating (CFR) to B3 from Caa1, its
Probability of Default Rating to B3-PD from Caa1-PD and its senior
unsecured notes rating to Caa1 from Caa2. Speculative Grade
Liquidity (SGL) was downgraded to SGL-3 from SGL-2 and the rating
outlook is stable.

"The upgrade to B3 reflects Eclipse's reduced leverage resulting
from improved cash flow tied to strong production growth. Eclipse's
robust drilling program through 2018, supported by strong commodity
price hedging and willingness to periodically access equity markets
to term out debt, should allow Eclipse to remain on a strong growth
trajectory without stressing its balance sheet," noted John
Thieroff, Moody's VP-Senior Analyst. "The downgrade of Eclipse's
SGL rating to SGL-3 from SGL-2 reflects Moody's expectations of a
greater reliance on the company's revolving credit facility in 2018
to fund drilling. However, Moody's still views Eclipse's liquidity
as adequate to cover capital spending and debt service over the
next year," Thieroff continued.

Upgrades:

Issuer: Eclipse Resources Corporation

Ratings Upgraded

-- Corporate Family Rating, Upgraded to B3 from Caa1

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

-- Senior Unsecured Notes, Upgraded to Caa1 (LGD4) from Caa2
    (LGD4)

Ratings Downgraded

-- Speculative Grade Liquidity Rating, Downgraded to SGL-3 from
    SGL-2

Outlook: Stable

RATINGS RATIONALE

The B3 CFR reflects Eclipse's substantial interest burden, short
reserve life, small scale, concentrated but growing production in
the Utica and Marcellus Shale plays, and significant exposure to
natural gas (more than 75% of expected 2017 production). Eclipse's
rating also suffers from its thin cash margins and weak leveraged
full-cycle ratio, relative to more oil-weighted producers. High
capital intensity due to the company's typically steep decline
rates on first-year production is likely to lead to continued
significant outspending of cash flow, requiring periodic capital
markets access. Support for the rating is provided by natural gas
price downside protection provided by hedges on about 90% of
expected 2017 production and more than half of 2018 production. The
rating also benefits from Eclipse's attractive growth opportunities
and its significant balance sheet cash.

The SGL-3 Speculative Grade Liquidity Rating reflects Moody's
expectation that Eclipse will maintain adequate liquidity through
mid-2018. The company had $160 million in cash on its balance sheet
at March 31, 2017 and $141 million of availability under its
secured revolving credit facility, which matures in February 2020.
Eclipse's borrowing base under its revolver was increased $175
million from $125 million at the February 2017 redetermination,
reflecting the company's significant growth. The next scheduled
redetermination is in October; continued growth could lead to
further expansion of the borrowing base in 2018, if not sooner. The
credit facility has a net debt to EBITDAX covenant of less than
4.5x. The notes have a debt incurrence test that requires
EBITDAX/Interest coverage greater than 2x. Based on Moody's
projections, Eclipse should be able to comply with its covenants.
Other than the revolver, Eclipse's only debt maturity is its senior
unsecured notes in 2023.

In accordance with Moody's Loss Given Default (LGD) methodology,
Eclipse's senior unsecured notes are rated Caa1, one notch below
the B3 CFR because of the priority ranking of the company's secured
revolver.

The stable outlook reflects Moody's expectations that liquidity
will remain adequate and leverage will remain steady through 2018.
The rating could be upgraded if the company's retained cash flow
(RCF) to debt is maintained above 20% while its leveraged full
cycle ratio is greater than 1.0x. The rating could be downgraded if
RCF to debt falls below 10%, EBITDA to interest coverage falls
below 1.5 times or liquidity weakens.

Eclipse Resources Corporation is a publicly traded oil and gas
exploration and production company headquartered in State College,
PA that operates in the Utica and Marcellus Shales of the
Appalachian Basin.

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


EDGEWOOD PARTNERS: S&P Puts 'B' CCR on CreditWatch Negative
-----------------------------------------------------------
S&P Global Ratings said it placed all of its ratings on Edgewood
Partners Insurance Center Inc. (EPIC), including its 'B' long-term
corporate credit rating, on CreditWatch with negative
implications.

The CreditWatch placement follows EPIC's announcement that it has
reached a definitive agreement with private equity sponsor, Oak
Hill Capital Partners. The deal will give the new owner a majority
stake in EPIC.

S&P said, "The CreditWatch placement reflects our limited
information regarding the details of the transaction and our
resultant uncertainty regarding the transaction's effect on EPIC's
capital structure, cash flows, and credit-protection measures. We
could affirm or lower the ratings following our review, though we
expect any potential rating downside to be limited to one notch.

"The rating outcome will be predicated primarily on any material
changes to business strategy, our understanding of the new owner's
financial policies, and our revised forecast for credit-protection
measures relative to our existing expectations for the company.

"We will monitor the developments related to this transaction. We
expect to resolve the CreditWatch placement shortly following a
review of the new financial sponsors' operating plans and financial
policy objectives, as well as EPIC's new capital structure."


ENERGYSOLUTIONS INC: S&P Hikes Rating on Sec Credit Facilities to B
-------------------------------------------------------------------
S&P Global Ratings affirmed its 'B-' corporate credit rating on
Salt Lake City-based EnergySolutions Inc.

S&P said, "At the same time, we raised the issue-level ratings on
the company's secured credit facilities to 'B' from 'B-'. We also
revised our recovery rating on the facilities to '2' from '3',
indicating our expectation of substantial (70%-90%; rounded
estimate: 70%) recovery in the event of a payment default.

"The affirmation reflects our belief that despite the company's
proposed prepayment on its term loan (its second major optional
prepayment of $100 million in the past two years), we would like to
see the company's earnings progress in a more stable fashion before
we revise the outlook or raise the ratings; specifically, this
entails the adjusted debt to EBITDA ratio staying well below 6.5x
for two consecutive quarters while its liquidity remains adequate.
This, combined with prudent financial policies over the next year,
can prompt us to consider raising the ratings. We revised the
recovery rating and raised the issue-level ratings because the
lower amount of debt outstanding at default factors more heavily in
our analysis than the reduced interest expense and emergence
EBITDA.

"The stable outlook on EnergySolutions reflects our view that the
upcoming debt reduction, along with contributions from the key
Dairyland and SONGS decommissioning projects, will allow the
company to maintain credit measures supportive of the existing
ratings. Though the company's debt leverage is still quite high, we
view it, along with the company's adequate liquidity, as sufficient
for the current rating.

"We could lower our ratings on EnergySolutions if the company's
adjusted debt-to-EBITDA metric rises above 7.5x with limited
prospects for improvement. This scenario could occur if a weak
operating environment for nuclear decommissioning services occurs;
if alternative sites for waste disposal emerge and adverse
competitive dynamics arise; or if the company uses a
greater-than-expected level of debt funding for another meaningful
acquisition. We could also lower our ratings if the company's
liquidity becomes pressured, which could occur if the borrowings
under its revolver exceed 25% of the committed amount, the 6.5x
springing net leverage covenant becomes effective, and the company
is unable to comply with or amend the covenant.

"We could raise our ratings on EnergySolutions if the company's
waste volumes, operating efficiency, cost management, and
profitability all improve significantly while it keeps its debt
balances manageable; specifically, if its adjusted debt-to-EBITDA
metric remains well below 6.5x for more than two consecutive
quarters. An upgrade would also be predicated on the ability and
willingness of management and ownership to keep debt leverage below
that threshold and to abide by more conservative financial policies
while maintaining adequate liquidity."


ENGILITY CORP.: Moody's Revises Outlook to Stable & Affirms B2 CFR
------------------------------------------------------------------
Moody's Investor Service has changed the rating outlook of Engility
Corporation to stable from negative and concurrently affirmed all
ratings including the corporate family rating of B2.
RATINGS RATIONALE

The rating outlook change to stable from negative reflects rising
backlog and a supportive US defense/intelligence agency budget
setting. Although organic revenues continue declining for Engility,
the rate of decline has lessened and should flatten near-term. In
2016 organic revenues declined about 7%, Q1-2017 revenues declined
about 5% year-over-year.

Engility's cost and debt reduction over the past year also benefits
the rating outlook. Q1-2017's SG&A to sales ratio of 7.5%, down
from 8% to 9% historically, seems sustainable going forward. Debt
reduction and pricing amendments have reduced interest burden.
These factors help the prospect for improved free cash flow. About
$70 million of free cash flow driven debt reduction seems probable
near-term, reducing the risk of a rating downgrade.

The B2 CFR considers high financial leverage and revenue
contraction but also considers operating initiatives that have
improved the booking rate. Engility's scale, technical
qualifications and contract diversity represent favorable
considerations. Debt to EBITDA was mid 5x at March 31, suitable for
the rating. Although free cash flow to debt of only 2%-3% is more
modest, the ratio should improve to the mid-single digit percentage
range by year end.

Upward rating momentum would depend on rising backlog and revenues,
funds from operation closer to $150 million, debt/EBITDA at mid 4x
level and good liquidity. The rating could be downgraded if
revenues continue to decline rather than stabilize as expected,
EBITDA margin below the mid 10% range, annual free cash flow of
less than $50 million, or weakened liquidity.

The following summarizes rating action:

Outlook Actions:

Issuer: Engility Corporation

-- Outlook, Changed To Stable From Negative

Affirmations:

Issuer: Engility Corporation

-- Probability of Default Rating, Affirmed B2-PD

-- Speculative Grade Liquidity Rating, Affirmed SGL-3

-- Corporate Family Rating, Affirmed B2

-- Senior Secured Bank Credit Facility, Affirmed B1 (LGD 3)

-- Senior Unsecured Regular Bond/Debenture, Affirmed Caa1

Engility Holdings, Inc., headquartered in Chantilly, Virginia is
the ultimate parent of Engility Corporation. Engility provides
integrated solutions and services for the U.S. government,
supporting customers throughout defense, intelligence, space,
federal civilian and international communities. Engility Holdings,
Inc. is majority-owned by entities of General Atlantic and Kohlberg
Kravis Roberts. Revenue for the twelve months ended
March 31, 2017 were $2 billion.

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


ESPLANADE HL: Sets Bid Procedures for Three Algonquin Properties
----------------------------------------------------------------
Judge Carol A. Doyle of the U.S. Bankruptcy Court for the Northern
District of Illinois will convene a hearing on Aug. 2, 2017, at
10:00 a.m. to consider the Esplanade HL, LLC's and its
debtor-affiliates' bid procedures in connection with 2380 Esplanade
Drive, LLC's sale of its commercial real properties (i) located at
2380 Esplanade Drive in Algonquin, Illinois ("2380 Property"); (ii)
Unit 100 located at 2390 Esplanade Drive, in Algonquin, Illinois
("2390-100 Property"); and (iii) Unit 300 located at 2390 Esplanade
Drive, in Algonquin, Illinois ("2390-300 Property")

A&G Realty Partners, LLC, the Real Estate Advisors to the Debtors,
has been actively marketing the Debtors' properties by reaching out
to over 93,000 parties.  To date, the efforts of A&G and 2380
Esplanade have not resulted in the identification of a purchaser
willing to enter into a binding agreement of sale and serve as a
stalking horse bidder.  Accordingly, 2380 Esplanade seeks to
conduct an auction process for the sale of the Properties whereby
any qualified bidder can bid on one or more combination of the
Properties.  2380 Esplanade has drafted a form of Purchase
Agreement to be used by each potential bidder when making its
offer, as set forth in the Bidding Procedures.  2380 Esplanade, in
consultation with First Midwest Bank, will establish a reserve
price for each of the Properties prior to the Auction.

The primary terms of the Purchase Agreement are:

  a. Seller: 2380 Esplanade Drive, LLC

  b. Reserve Price: (i) 2380 Property: TBD; (ii) 2390-100 Property:
TBD; and (iii) 2390-300 Property: TBD

  c. Acquired Properties: One or more of these - (i) that
commercial real property located at 2380 Esplanade Drive, in
Algonquin, Illinois, as described in the Purchase Agreement; (ii)
that commercial office suite located at 2390 Esplanade Drive, Suite
100, in Algonquin, Illinois, as described in the Purchase
Agreement; and/or (iii) that commercial office suite located at
2390 Esplanade Drive, Suite 300, in Algonquin, Illinois, as
described in the Purchase Agreement.

  d. Assumed Liabilities: None

  e. Deposit: 10% of Purchase Price

  f. Closing: The 15th day after entry of an order of the Court for
the Northern District of Illinois approving the Purchase
Agreement(s).

The Properties are being sold free and clear of all liens, claims,
and encumbrances.  2380 Esplanade reserves the right to enter into
a stalking horse Purchase Agreement that includes the payment of a
Break-up Fee, provided that such proposed break-up fee is: (i) less
than or equal to 3% of the stalking horse bid and (ii) acceptable
to both First Midwest and the Office of the United States Trustee.

The Sale of the Properties contemplates the assumption of the
Leases, and the subsequent assignment of the Leases to the
Purchaser.  Therefore, as part of the final order to be entered
approving the Sale, 2380 Esplanade asks approval for the assumption
and assignment of the Leases to the Purchaser.  2380 Esplanade will
serve the Auction and Sale Notice upon the Lease Counterparties,
along with the "cure amount" 2380 Esplanade believes each of the
Lease Counterparties is owed.

The salient terms of the Bid Procedures are:

  a. Auction: The Auction will be held at the offices of Goldstein
& McClintock LLLP, 111 W. Washington Street, Suite 1221, Chicago,
Illinois on Oct. 3, 2017 at 10:00 a.m. (CST).

  b. Bid Deadline: Sept. 27, 2017 at 5:00 p.m. (CST)

  c. Good Faith Deposit: 10% of the Purchase Price

  d. Supplemental Objection Deadline: Oct. 4, 2017 at 5:00 p.m.
(CST)

  e. Right to Credit Bid: First Midwest Bank will have the right to
credit bid.  Its credit bid will be capped at the amount of
principal and contractual interest owed to it by 2380 Esplanade.

  f. Closing of Sale: Closing of the purchase and sale of the
Purchased Properties to the Successful Bidder will occur no later
than 15 days following the entry of an order of the Court approving
the Agreement unless otherwise agreed to by the parties.

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

         http://bankrupt.com/misc/Esplanade_HL_201_Sales.pdf

Pursuant to the Bid Procedures, 2380 Esplanade asks that the Court
sets a Final Hearing on Oct. 5, 2017.  No later than three days
after entry of the Procedures Order, 2380 Esplanade proposes to
cause an Auction and Sale Notice upon all Notice Parties.  The
Debtor believes that the foregoing notice of the Auction and
Bidding Procedures will maximize the value of the Properties, and
asks that the Auction Notice be deemed sufficient notice of the
Auction and Bidding Procedures.

To maximize value for the estate, 2380 Esplanade believes that it
is crucial to sell the Properties.  A&G has contacted over 93,000
parties that may have an interest in the Properties and the Bidding
Procedures are designed to achieve the highest possible price for
the Properties under the circumstances.  2380 Esplanade thus
believes that the proposed Auction and Bidding Procedures will
provide the maximum possible recovery to its estate.  Accordingly,
the Debtors ask the Court to approve the relief sought.

2380 Esplanade can be reached at:

          2380 ESPLANADE DRIVE, LLC
          20635 Abbey Woods Ct. N, #303
          Frankfort, IL 60423
          Attn: William Vander Velde III

                       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.

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

The Debtors have requested the joint administration of their
cases.

Judge Carol A. Doyle is the case judge.

The Debtors' attorneys are Harold D. Israel, Esq., and Sean P.
Williams, Esq., at Goldstein & McClintock, LLLP.  A&G Realty
Partners, LLC was retained as the Debtors' Real Estate Advisors.


FANNIE MAE & FREDDIE MAC: Tim Howard Examines & Opines on New Docs
------------------------------------------------------------------
On July 19, 2017, thirty-three additional documents produced in
discovery in Fairholme v. U.S., Case No. 13-465 (Ct. Fed. Cl.),
were made available to the public.  J. Timothy Howard -- in his
blog at http://howardonmortgagefinance.com/-- examines and opines
on these documents' new revelations:

Not surprisingly, the documents that attracted the most attention
were those that contradicted the "death spiral" explanation given
to the public and in the court cases by Treasury and FHFA as the
reason for the net worth sweep. Excerpts from the new documents
reinforced what had been apparent from evidence unsealed earlier:
that Treasury and FHFA were fully aware that Fannie and Freddie
were about to experience a surge in profitability well before the
sweep was announced; that the sweep was imposed precisely to
prevent the companies from retaining those earnings as capital, and
that stripping the companies of their capital was viewed by
Treasury as essential to achieving its goal of replacing Fannie and
Freddie in the U.S. secondary mortgage market with a system more to
its liking.

Included among the items unsealed on July 19 were:

    -- A memo dated June 25, 2012 -- more than seven weeks before
the sweep was announced -- from Counselor to the Secretary of the
Treasury for Housing Finance Policy Michael Stegman to Assistant
Secretary for Financial Markets Mary Miller, summarizing a meeting
at which FHFA acting Director Ed DeMarco told Treasury Secretary
Tim Geithner that "the GSEs will be generating large revenues over
the coming years, thereby enabling them to pay the 10% dividend
well into the future even with the caps";

    -- An Aug. 13, 2012 memo from National Economic Council senior
advisor Jim Parrott to Treasury's Brian Deese, stating, "We are
making sure that each of these entities pays the taxpayer back
every dollar of profit they make, not just a 10% dividend. . . .
The taxpayer will thus ultimately collect more money with the
changes"; and

    -- An Aug. 15, 2012 e-mail from Treasury's Adam Chepenik to
Stegman, Parrott and others that said, "By taking all of their
profits going forward, we are making clear that the GSEs will not
ever be allowed to return to profitable entities at the center of
our housing finance system."

These and similar emails and memos show that Treasury and FHFA have
not been truthful about their motives for agreeing to the net worth
sweep.  But beyond that, other documents among the 33 reveal a
pattern of deception extending back before Fannie and Freddie were
put into conservatorship and carrying forward to the current
proposals for mortgage reform supported by Treasury and what I call
the Financial Establishment.  Three particular items stand out in
this regard: the August 25, 2008 "Freddie Mac Confidential Capital
Review" by BlackRock, the December 12, 2011 Draft Information
Memorandum to Secretary Geithner, and an undated Treasury document
titled "Housing Reform Questions and Answers."

BlackRock's "Freddie Mac
Confidential Capital Review"

The most surprising revelation from all of the documents released
last week was that on August 25, 2008 -- nearly two weeks before
Fannie and Freddie were placed into conservatorship on September 7
-- the investment firm BlackRock submitted a "Confidential Capital
Review" of Freddie Mac to Treasury and FHFA that concluded:
"…[L]ong-term solvency does not appear endangered -- we do not
expect Freddie Mac to breach critical capital levels even in stress
case."

We already knew that Treasury Secretary Paulson had forced Fannie
and Freddie into conservatorship without satisfying any of the
twelve requisites for that action set out in the newly passed
Housing and Economic Recovery Act (HERA), relying instead on what
he termed "the awesome power of the government" to pressure the
companies' boards to submit to it. We also learned after the fact
that both Fannie and Freddie remained profitable on an operating
basis throughout the crisis. But until now we did not know that
Treasury and FHFA had been told something very similar at least
about Freddie's financial condition before the fact by BlackRock,
an independent and respected third party with a long familiarity
with Freddie, having been a consultant to them for at least a
decade. Treasury and FHFA ignored this assessment and went ahead
with their pre-planned conservatorships anyway, with Paulson
boasting to President Bush, "Mr. President, we're going to move
quickly and take them by surprise.  The first sound they'll hear is
their heads hitting the floor."

Following the conservatorships Fannie and Freddie booked massive
amounts of non-cash losses through the end of 2011, causing them to
have to draw $187 billion in non-repayable senior preferred stock
from Treasury.  The unsealed BlackRock document provides important
insight into how the large majority of those losses -- and the
resulting Treasury draws -- were deliberately engineered. First,
the contemporaneous analysis of Freddie's future financial
condition by BlackRock makes it impossible to defend the legitimacy
of FHFA's decision to set up a reserve for Freddie and Fannie's
deferred tax assets in the third quarter of 2008 on the grounds
that they would not be sufficiently profitable in the future; FHFA
knew this not to be true.  Second, on the penultimate page of its
review BlackRock explicitly identifies and describes the method
used by FHFA to create most of the other non-cash losses at the
companies.  It notes, "'Other Than Temporary Impairment' accounting
rule can trigger mark-to-market declines more severe than expected
principal loss.  Accounting treatment requires securities to be
marked to market if any principal loss is deemed 'probable.'  Given
the current market environment, MTM losses will likely exceed
actual principal losses.  Impairments diminish capital immediately.
Future recoveries in market value do not flow through capital."

I do not know whether staff at either FHFA or Treasury had
previously been aware of how powerful impairment accounting could
be in making a company's capital disappear immediately, then
reappear only slowly, as income.  But this accounting technique was
used extensively by FHFA following the conservatorship.  At Fannie,
impairment accounting allowed FHFA to book $17.3 billion in market
value losses on private-label securities held in portfolio -- very
few of which became economic losses -- and an astounding $62.8
billion in loss reserves on "individually impaired" loans.  As I
noted in my amicus curiae brief for the Perry Capital case,
"Impairment accounting allowed Fannie to record as immediate
expenses not only credit losses that otherwise would have been
booked over time but also estimates of future losses and even the
present value of foregone interest payments." The large majority of
these impairments were on loans that returned to paying status, but
most of the reserves cannot be released until the loans repay.  As
of Dec. 31, 2016, Fannie still had $28.6 billion locked up in
reserves on individually impaired loans.

Together, the unwarranted write-down of Fannie's deferred tax
assets and the aggressive use of impairment accounting allowed FHFA
to balloon Fannie's losses by $144 billion between 2008 and 2011.
(I have not calculated the comparable dollar amount for Freddie.)
Treasury knew at the time it took Fannie and Freddie over that they
did not need rescuing, and it also knows that virtually all of the
$18.7 billion the companies were obligated to pay each year prior
to the net worth sweep were the results not of the companies'
business decisions but of FHFA's accounting decisions.

Dec. 12, 2011 Draft Information
Memorandum to Secretary Geithner

This memo, prepared by Assistant Secretary Mary Miller, presented
"policy options, which taken together could serve as the basis of a
comprehensive non-legislative Administration reform proposal." As
we now know, Treasury ended up choosing "Policy Option 1--
Restructure the calculation of Treasury's dividend payments from a
fixed 10 percent annual rate to a variable payment based on
available net worth (i.e., establish an income sweep)."  But what
drew my attention was "Policy Option 2- Develop a plan with FHFA to
transition the GSEs from their current business model of direct
guarantor to a model more aligned with our longer term vision of
housing finance." The idea behind this option was to "Amend the
PSPAs to add additional contractual obligations for the GSEs and
FHFA associated with transition."  Policy Option 2 had four
elements:

     -- "Guarantee fee price increases -- pricing for direct GSE
guarantees could be increased by a minimum of five to ten basis
points per annum (or at a pace determined annually by FHFA and
Treasury) until pricing reaches levels that are consistent with
those charged by private financial institutions with Basel III
capital standards and a specified return on capital."

     -- "Risk syndication -- consistent with the phase-in period of
guaranty fee increases, the GSEs could be required to sell a
first-loss position (or the majority of the credit risk) to the
private market on all of their new guarantee book business within a
five- or seven-year time period. It is important to note that risk
syndication would likely reduce the earnings capacity of the GSEs
(similar to how the winding down of the retained portfolios also
limits income generation)."

     -- "Single TBA delivery -- require the GSEs to align payment
standards and issuance process to establish a fungible TBA market
for common delivery of Fannie Mae and Freddie Mac securities," and

     -- "Additional transition requirements -- additional
requirements could also be considered, such as down payment levels,
faster retained portfolio wind down . . . etc."

With the exception of the faster run-off of Fannie and Freddie's
portfolios, none of these activities were codified in the Third
Amendment to the PSPAs.  Instead, FHFA did all of them (clearly at
the direction of Treasury) in its capacities as conservator and
regulator. Yet they remained Treasury's initiatives, intended to
further the goal of "winding down and replacing" Fannie and Fannie
with a bank-centric alternative.  And the initiatives were
exceptionally cynical.

Begin with the guaranty fee increases.  Why were they being
proposed?  Not because of credit risk, but to reach "levels that
are consistent with those charged by private financial institutions
with Basel III capital standards," i.e., banks. Homebuyers, of
course, would pay those unnecessarily high guaranty fees.  Prior to
the financial crisis, Treasury (and the Federal Reserve) had
aggressively promoted unregulated private-label securities (PLS) as
the preferred alternative to Fannie and Freddie financing.  When
the PLS market imploded to trigger the crisis, Treasury and the Fed
quickly intervened to ensure that the commercial and investment
banks would suffer no lasting negative effects, but left homeowners
to fend for themselves, with eight million of them ultimately
losing their homes.  Here, in another attempt to replace Fannie and
Freddie, Treasury proposes to have homeowners pay higher guaranty
fees solely to make it easier for banks to compete with those
companies.

The Miller memo also introduces the idea of mandatory credit risk
sharing. Note, though, the statement that "risk syndication would
likely reduce the earnings capacity of the GSEs (similar to how the
winding down of the retained portfolios also limits income
generation)."  Earnings are income less expense, and if the
envisioned risk-sharing transactions reduce earnings it only can be
because the interest expense on them exceeds the income from
transfers of credit losses they supposedly will produce.  In fact,
forcing Fannie and Freddie to buy insurance for up to 400 basis
points of credit losses on pools of loans with better risk
characteristics than books from the early 2000s -- which only
experienced about 50 basis points of credit losses even through the
financial crisis -- is burning up their earnings just to make them
look less profitable, and easier to replace.  I've suggested that
publicly; in this memo Treasury actually says it privately.

Miller's reference to the income effects of winding down the
portfolio business is telling.  Elsewhere in the unsealed documents
we find the statement: "Many commentators tend to point incorrectly
to the retained portfolios as the cause of Fannie Mae and Freddie
Mac's collapse; while the losses were significant and were
indicative of the risks Fannie and Freddie took, the
Investment/Capital Markets (Retained Portfolio) segment has only
accounted for 9% of cumulative losses." That is an accurate
assessment.  With relatively low credit losses, the spread income
from the mortgages Fannie and Freddie held in portfolio was helping
them absorb losses from their mortgage-backed securities business.
That was of no import to Treasury, however. It always had opposed
the companies' portfolio business, and when it imposed the PSPAs on
them in 2008 it required them to shrink their portfolios by 10
percent per year (increased to 15 percent in the Third Amendment).
One neither rescues nor conserves a company by reducing its income,
but Treasury's mandates to Fannie and Freddie to shrink their
portfolios and to issue risk-transfer securities without regard to
their economics had that deliberate intention and effect.

Housing Reform Questions and Answers

One of the questions in this undated document is, "What caused the
crisis in the housing market?" After saying "No single cause can
fully explain the crisis," the paper identifies five "structural
flaws" that contributed to it, including "A complex securitization
chain [that] lacked transparency, standardization, and
accountability and allowed lenders to pass toxic product through
the system without regard for its risk" and "Inadequate capital in
the system."  In this piece marked "Not Intended for External
Distribution" there is no mention of a "flawed business model" at
Fannie and Freddie being one of the causes, let alone the most
important cause, of the crisis.  To the contrary, in response to
the question, "Did Fannie/Freddie cause the financial crisis by
lowering their underwriting standards, allowing consumers to get
loans they couldn't afford?" the answer is, "No.  Rather than
leading the market into subprime and other risky mortgages, Fannie
and Freddie followed the private sector."  Internally, Treasury
well understands why and how the crisis occurred.

                          *     *     *

There can be little doubt about why the government has been
fighting so hard to hold on to the documents Fairholme requested in
discovery for its regulatory takings suit: the ones produced so far
reveal that what Treasury knows to be true about Fannie and Freddie
privately -- and tells itself in memos, emails and other materials
-- is starkly at odds with what it has been claiming about the
companies publicly.

For whatever reason, and perhaps it is nothing more complicated
than wanting to support the institutions it is responsible for
regulating, Treasury has for decades sought to "rein in" or replace
Fannie and Freddie, whose activities in the secondary market reduce
the market power and the potential profits of banks in the primary
market. Treasury and the Federal Reserve saw the financial crisis
as a serendipitous opportunity to seize control of the companies,
burden them with a mammoth and non-repayable amount of
indebtedness, reduce their earnings, and in 2012 take all of their
capital in the hope this would prod Congress to replace them. To
execute its plan, however, Treasury has had to be untruthful about
virtually everything having to do with Fannie and Freddie -- their
health going into the crisis, the reason for taking them over, the
source of their losses in conservatorship, and why the net worth
sweep was imposed, among others. Documents released in discovery to
date lay bare this pattern of deception.

When the truth about Fannie and Freddie is substituted for the
fictions about them, the rationale for the legislative mortgage
reforms being proposed by the Financial Establishment -- whether
Corker-Warner, Johnson-Crapo or the latest version from the
Mortgage Bankers Association -- crumbles. If, as Treasury admits in
an internal document, Fannie and Freddie "followed the private
sector…into subprime and other risky mortgages," why is the right
public policy response to dismantle the more responsible entities,
Fannie and Freddie, and turn the secondary market over to the
"private sector" companies who were more culpable in the crisis?
And if the real problem in the crisis was "inadequate capital in
the system," why not allow FHFA to follow HERA and implement a true
risk-based capital standard for Fannie and Freddie, updated to meet
current standards of taxpayer protection? Fannie and Freddie are
not the "failed business model" their critics claim; loans they
financed leading up to the crisis performed far better than loans
from any other source.

The banks see great profit opportunities from substituting
themselves for Fannie and Freddie as the centerpieces of the
secondary mortgage market, and historically Treasury has supported
those ambitions.  But Treasury now has new leadership, and is
taking a fresh look at Fannie and Freddie in conjunction with its
commitment to "get them out of government control."  The documents
released by Judge Sweeney make clear that in order to advance the
banks' agenda, past leadership of Treasury has had not only to make
claims about Fannie and Freddie it knows to be untrue, but also to
require millions of homebuyers to pay higher guaranty fees not
because of the risk of their loans but to put banks in a better
competitive position to get their business.  I believe that current
Treasury leadership will recognize the folly of the course its
predecessors have been on, and that they will change this course to
one that builds on Fannie and Freddie, and benefits homebuyers
rather than banks.


FANSTEEL INC: Can Continue Using Cash for August 2017 Expenses
--------------------------------------------------------------
Judge Anita L. Shodeen of the U.S. Bankruptcy Court for the
Southern District of Iowa authorized  Fansteel, Inc., to continue
using the cash collateral of TCTM Financial FS, LLC through Aug.
25, 2017.

The Debtor is authorized to use cash collateral pursuant to and
upon the same terms as those previously agreed to by TCTM Financial
and the Official Committee of Unsecured Creditors in the
Stipulation and Consent Order approved by the Court in its Order
dated May 11, 2017.

The approved Budget for the four week period reflects total
operating cash disbursements of $633,264 for weeks ending Aug. 4
through Aug. 25, 2017.  The Debtor will maintain a $100,000 minimum
cash balance.

A full-text copy of the Order, dated July 25, 2017, is available at
https://is.gd/aVlMEC

                  About Fansteel and Affiliates

Headquartered in Creston, Iowa, Fansteel, Inc., operates four
business units at four locations in the USA and one in Mexico with
a workforce of more than 600 employees. Fansteel generated
approximately $87.4 million in revenue in 2015 on a consolidated
basis.  Wellman Dynamics Corporation contributed 67% of Fansteel's
sales.  The rest of the sales are generated from Intercast, a
division of Fansteel, and other non-debtor subsidiaries.

Fansteel, Inc., Wellman Dynamics Corporation, and Wellman Dynamics
Machinery & Assembly, Inc., filed Chapter 11 petitions (Bankr. S.D.
Iowa Case Nos. 16-01823, 16-01825 and 16-01827) on Sept. 13, 2016.
The petitions were signed by Jim Mahoney, CEO.  The Debtors
disclosed total assets of $32.9 million and total debt of $41.97
million.

The cases are assigned to Judge Anita L. Shodeen.  

The Debtors tapped Jeffrey D. Goetz, Esq., and Krystal R.
Mikkilineni, Esq., at Bradshaw, Fowler, Proctor & Fairgrave, P.C.,
as counsel; RSM US LLP as tax advisor; Jeffrey Sands and Dorset
Partners, LLC as business broker; and Mark J. Steger, Esq. at the
Clark Hill Law Firm as Environmental Counsel.

Fansteel, Inc., hired Kerri K. Mumford, Esq. at Landis Rath & Cobb,
LLP, as special counsel.  The firm will assist the Debtor in
reopening its previous bankruptcy case filed in Delaware (Bankr. D.
Del. Case No. 02-10109) on Jan. 15, 2002.

The Debtors filed motions to jointly administer the cases pursuant
to Bankruptcy Rule 1015(b), and the Court entered an Order
authorizing joint administration on Oct. 17, 2016.  The Court
subsequently entered an Order on May 24, 2017 vacating its prior
Order granting joint administration and discontinuing the joint
administration of the Debtors' cases under the lead case of
Fansteel.

The U.S. Trustee for Region 12 on Sept. 23, 2016, appointed nine
creditors of Fansteel Inc. to serve on the official committee of
unsecured creditors.  The Official Committee retained Morris
Anderson & Associates, Ltd., as financial advisor, and Archer &
Greiner, P.C. and Nyemaster Goode, P.C., as counsel.

The Troubled Company Reporter has earlier reported that the U.S.
trustee for Region 12 announced that the nine-member unsecured
creditors' committee of Fansteel, Inc., will no longer serve as the
official committee in the company's Chapter 11 case.  The
bankruptcy watchdog added that it will be reconstituted as the
official committee of unsecured creditors in the Chapter 11 cases
of Wellman Dynamics Corp. and Wellman Dynamics Machinery &
Assembly, Inc.  In a filing March 22, 2017, the U.S. trustee
disclosed that a new creditors' committee has not yet been
appointed in Fansteel's bankruptcy case.


GARDENS LLC: Taps Latham Shuker as Legal Counsel
------------------------------------------------
The Gardens, LLC seeks approval from the U.S. Bankruptcy Court for
the Middle District of Florida to hire legal counsel in connection
with its Chapter 11 case.

The Debtor proposes to hire Latham, Shuker, Eden & Beaudine LLP to,
among other things, give legal advice regarding its duties under
the Bankruptcy Code, and assist in the preparation of a plan of
reorganization.

The hourly rates charged by the firm range from $105 for its most
junior paraprofessionals to $575 for its most experienced
attorneys.

Prior to the petition date, Lion Financial LLC paid an advance fee
of $10,000, of which $8,404 was used to pay the firm's
pre-bankruptcy services.  On July 10, the company paid an
additional $20,000 for the firm's post-petition services.

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

The firm can be reached through:

     R. Scott Shuker, Esq.
     Daniel A. Velasquez, Esq.
     Latham, Shuker, Eden & Beaudine LLP
     111 N. Magnolia Avenue, Suite 1400
     P.O. Box 3353
     Orlando, FL 32801
     Tel: (407) 481-5800
     Fax: (407) 481-5801
     Email: rshuker@lseblaw.com
     Email: dvelasquez@lseblaw.com
     Email: bknotice@lseblaw.com

                     About The Gardens LLC

The Gardens, LLC owns and operates a three-storey condominium
complex known as The Gardens.  It also owns two adjacent vacant
lots, one of which is utilized as additional parking lot for the
Parliament House Resort.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. M.D. Fla. Case No. 17-04444) on July 3, 2017.  Donald
M. Granatstein, manager, signed the petition.  

At the time of the filing, the Debtor disclosed that it had
estimated assets of $1 million to $10 million and liabilities of
$10 million to $50 million.


GARDENS REGIONAL: Court Strikes Portions of Ahlholm's Declaration
-----------------------------------------------------------------
Judge Ernest M. Robles of the U.S. Bankruptcy Court for the Central
District of California granted Debtor Gardens Regional Hospital and
Medical Center, Inc.'s motion to strike portions of the Declaration
of Jeffrey Ahlholm describing the May conversations he had with
Brian Walton, the chairman of the Debtor's Board of Directors.

The Court conducted an evidentiary hearing on the Debtor's "Motion
to Strike and/or Objections to Portions of the Declaration of
Ahlholm Filed by RNG in Support of RNG's Objections to Joint Motion
of Debtor and Committee to Approve Settlement with Harbor-Gardens
and Paladin." Walton and Ahlholm, the principal financial advisor
to RNG, both testified and were subject to cross examination. The
purpose of the evidentiary hearing was to enable the Court to
determine whether conversations between Mr. Walton and Mr. Ahlholm
on May 5, 6, and 8, 2017 constituted "compromise negotiations"
within the meaning of Federal Rule of Evidence 408, and therefore
whether the description of those conversations set forth in a
declaration submitted by Mr. Ahlholm is admissible. The Debtor and
Mr. Walton assert that the conversations were compromised
negotiations; RNG and Mr. Ahlholm take the position that the
conversations were not compromised negotiations.

After evaluating all the facts presented, Judge Robles finds that
Mr. Walton conveyed the terms upon which he believed that the
Committee was willing to settle, and Mr. Ahlholm conveyed the terms
upon which he believed RNG was willing to settle. The character of
the conversations as compromise negotiations is not altered by the
fact that Mr. Ahlholm did not have authority to convey a final
settlement offer on behalf of RNG, but instead was conveying only
the terms upon which he believed RNG was willing to settle. Skeddle
and Ramada make clear that any statements made in an effort to
compromise are inadmissible under FRE 408. Exploratory compromise
negotiations that have not yet progressed to the point at which the
parties are willing to exchange formal compromise offers still fall
within the purview of FRE 408.

In conclusion, the Court finds that the conversations between Mr.
Ahlholm and Mr. Walton on May 5, 6, and 8, 2017 were "compromise
negotiations" within the meaning of FRE 408. The portions of the
Ahlholm Declaration that describe the contents of those
conversations are stricken from the record. The Court will enter an
order consistent with this Memorandum of Decision.

The bankruptcy case is In re: Gardens Regional Hospital and Medical
Center, Inc., Chapter: 11, Debtor, No. 2:16-bk-17463-ER (Bankr.
C.D. Cal.).

A full-text copy of Judge Robles' Memorandum of Decision is
available at https://is.gd/FZOeCK from Leagle.com.

Gardens Regional Hospital and Medical Center, Inc., Debtor,
represented by Steven J. Katzman -- skatzman@bmkattorneys.com --
Bienert, Miller & Katzman, PLC, Samuel R. Maizel  --
Samuel.maizel@dentons.com -- Dentons US LLP, Reed M. Mercado, John
A. Moe  -- john.moe@dentons.com --  Dentons US LLP & Amelia
Puertas-Samara -- itcdgc@edd.ca.gov -- Employment Development
Department.

United States Trustee (LA), U.S. Trustee, represented by Hatty K.
Yip -- hatty.yip@usdoj.gov -- Office of the UST/DOJ.

                         About the Hospital

Gardens Regional Hospital and Medical Center, Inc., formerly known
as Tri-City Regional Medical Center, doing business as Gardens
Regional Hospital and Medical Center leases a 137- bed, acute care
hospital doing business at 21530 South Pioneer Boulevard, Hawaiian
Gardens, Los Angeles, California. It provides a full range of
inpatient and outpatient services, including, but not limited to,
medical acute care, general surgical services, bariatric surgery
services (for weight loss), spine surgery services, orthopedic and
sports medicine and joint replacement services, wound care and
pain
management services, physical therapy, respiratory therapy,
outpatient ambulatory services, diagnostic services, radiology and
inpatient/outpatient imaging services, laboratory and pathology
services, geriatric services, and community wellness and education
programs.

Gardens Regional filed for Chapter 11 bankruptcy protection
(Bankr.
C.D. Cal. Case No. 16-17463) on June 6, 2016, estimating its
assets
between $1 million and $10 million, and liabilities between $10
million and $50 million.  The petition was signed by Brian Walton,
chairman of the Board.  Judge Ernest M. Robles presides over the
case.  Samuel R Maizel, Esq., and John A Moe, Esq., at Dentons US
LLP, serve as the Debtor's bankruptcy counsel.


GARY WASHINGTON: 4th Cir. Affirms Denial of Second Reconsideration
------------------------------------------------------------------
The Court of Appeals for the Fourth Circuit affirmed the District
Court's order affirming the Bankruptcy Court's orders denying Gary
Allen Washington and Michelle Anne Washington second motion for
reconsideration of the order granting relief from the automatic
stay, denying their request for an extension of time to amend and
confirm their plan of reorganization, and dismissing their Chapter
11 bankruptcy case.

After reviewing the record provided on appeal and the arguments of
the parties, the Fourth Circuit finds no reversible error. The
Fourth Circuit dispenses with the oral argument because the facts
and legal contentions are adequately presented in the materials
before this court and argument would not aid the decisional
process.

The appeals case is GARY ALLEN WASHINGTON; MICHELLE ANNE
WASHINGTON, Debtors-Appellants, v. SOUTH CAROLINA COMMUNITY BANK;
FEDERAL NATIONAL MORTGAGE ASSOCIATION, Creditors-Appellees, US
TRUSTEE, Trustee-Appellee, No. 16-2307 (4th Cir.).

A full-text copy of the Per Curiam dated July 24, 2017, is
available at https://is.gd/Ev54sF from Leagle.com.

Alexander B. Wathen, Houston, Texas, for Appellants.

Ramona D. Elliott, Deputy Director/General Counsel, P. Matthew
Sutko, Associate General Counsel, Wendy Cox, Trial Attorney, UNITED
STATES DEPARTMENT OF JUSTICE, Washington, D.C.; Judy A. Robbins,
United States Trustee, John Timothy Stack, Assistant United States
Trustee, Linda Barr, Trial Attorney, UNITED STATES DEPARTMENT OF
JUSTICE, Columbia, South Carolina; Carmen V. Ganjehsani,
RICHARDSON, PLOWDEN & ROBINSON, PA, Columbia, South Carolina;
Travis Emil Menk, BROCK & SCOTT, PLLC, Charlotte, North Carolina
for Appellees.

                         About the Washingtons

Gary Allen Washington and Michele Anne Washington own a personal
residence as well as three additional properties.  The additional
properties are used as residential and commercial rental properties
by the Debtors.  The Washingtons filed for chapter 11 protection
(Bankr. D. S.C. Case No. 11-00625) on Feb. 3, 2011. The Washingtons
previously filed a chapter 11 case on Nov. 2, 2009.  That case was
dismissed Sept. 24, 2010.  The Debtors appealed the dismissal of
that case, and their appeal is currently pending before the
District Court.  Because their previous chapter 11 case was
dismissed only a few months before the Debtors filed the current
case, the automatic stay was set to expire March 5, 2011, 30 days
after the current filing.  The Debtors filed their Motion to
prevent that from occurring and to ask that the stay be extended as
to all creditors.


GILLESPIE OFFICE: Plan Solicitation Period Extended Until Sept. 30
------------------------------------------------------------------
Judge August B. Landis of the U.S. Bankruptcy Court for the
District of Nevada has issued an Order extending until September
30, 2017, the period by which Gillespie Office and Systems
Furniture, Inc. has exclusive right to solicit acceptances of its
plan of reorganization.

The Troubled Company Reporter previously reported that the Debtor
had made its fourth request for extension of its exclusive period
to solicit acceptances of its plan of reorganization. The Debtor
asserted that the extension would alleviate the potential for both
estate and judicial resources to be spent needlessly, and
ultimately increase the likelihood of the Debtor to successfully
reorganize by avoiding the need to respond to a competing plan
while the decision on confirmation is pending.

The Debtor explained that it has been involved in several
simultaneous cases, both on the state and federal levels, which
added complexity to its case, although its Chapter 11 case has not
been an overly complex case on the surface,

           About Gillespie Office and Systems Furniture

Gillespie Office and Systems Furniture, Inc., does business as A&B
Printing, located at 2908 South Highland Drive, Set. B, Las Vegas,
Nevada.  The Company has been providing printing and mailing
services to customers in Las Vegas since 1979.

Gillespie Office and Systems Furniture filed a Chapter 11
bankruptcy petition (Bankr. D. Nev. Case No. 16-11943) on April 11,
2016.  The petition was signed by Kathleen L. Gillespie, president.
The Debtor estimated assets and liabilities at $500,001 to $1
million at the time of the filing.   

Morris, Polich & Purdy serves as bankruptcy counsel to the Debtor
in place of the law firm of Larson and Zirzow, effective as of June
17, 2016.  Levy Law, LLC serves as special counsel while Holland &
Hart serves as insurance defense litigation counsel to the Debtor.
Serl, Keefer, Welter CPAs, LLP has been tapped as accountant.

No request has been made for the appointment of a trustee or
examiner, and no official committees have been appointed in this
Chapter 11 Case.


GRAND DAKOTA: Seeks to Hire Pearce Law as Legal Counsel
-------------------------------------------------------
Grand Dakota Partners, LLC and Grand Dakota Hospitality, LLC seek
approval from the U.S. Bankruptcy Court for the Western District of
North Carolina to hire legal counsel in connection with their
Chapter 11 cases.

The Debtors propose to hire Pearce Law PLLC to, among other things,
negotiate with creditors; assist them in any asset disposition;
evaluate and prosecute claims; and assist in the preparation and
implementation of a plan of reorganization.

The firm will charge an hourly fee of $400 for its services.

Bradley Pearce, Esq., the attorney who will be handling the case,
disclosed in a court filing that he is a "disinterested person" as
defined in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Bradley E. Pearce, Esq.
     Pearce Law PLLC
     P.O. Box 31846
     Charlotte, NC 28231
     Tel: 704-910-6385
     Fax: 704-495-6662
     Email: brad@bepearcelaw.com

                About Grand Dakota Partners LLC

Grand Dakota owns the Ramada Grand Dakota Hotel Dickinson located
near Prairie Hills Mall.  

Grand Dakota Partners, LLC and Grand Dakota Hospitality, LLC sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. W.D.N.C.
Case Nos. 17-31184 and 17-31185) on July 20, 2017.  The petitions
were signed by Stephen D. Barker, president, Cibix Management,
Inc., the managing member of the Debtors.  

At the time of the filing, Grand Dakota Partners disclosed that it
had estimated assets and liabilities of $10 million to $50 million.
Grand Dakota Hospitality had estimated assets of less than $50,000
and liabilities of $10 million to $50 million.

Judge Laura T. Beyer presides over the case.


HAMKEI GENERATION: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Hamkei Generation, Inc., as of
July 27, according to a court docket.

                    About Hamkei Generation

Hamkei Generation, Inc., is a small business debtor as defined in
11 U.S.C. Section 101 51D) engaged in the retail-convenience stores
business.  The Debtor operates a gas station and convenience store
located at 505 Vernon Street, Lagrange, Troup County, Georgia
30240.  The Debtor was formed in 2006 and acquired the Store as an
operating business together with the real property.

Hamkei Generation sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ga. Case No. 17-11361) on June 26,
2017.  Kennin Sato, CEO and president, signed the petition.  

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

Judge Homer W. Drake presides over the case.

Leslie M. Pineyro, Esq., at Jones & Walden, LLC, serves as the
Debtor's legal counsel.


HELIOPOWER INC: Taps Call & Jensen as Litigation Counsel
--------------------------------------------------------
HelioPower Inc. seeks approval from the U.S. Bankruptcy Court for
the District of Nevada to retain Call & Jensen, PC as its special
litigation counsel.

The firm will continue to represent the Debtor in connection with
the claims it filed against High Desert Solar, LLC.  The Debtor
also needs the services of the firm to provide a status report on
its bankruptcy case to California state courts, which oversee
various cases involving the Debtor.   

David Sugden, Esq., and J. Randall Boyer, Esq., the attorneys who
will be representing the Debtor, will charge $525 per hour and $375
per hour, respectively.  The hourly rate for paralegal services is
$200.

Mr. Boyer disclosed in a court filing that he and other attorneys
of his firm do not have any connection with the Debtor or any of
its creditors.

Call & Jensen can be reached through:

     David Sugden, Esq.
     J. Randall Boyer, Esq.
     Call & Jensen, PC
     610 Newport Center Dr., Suite 700
     Newport Beach, CA 92660
     Phone: (949) 717-3000
     Fax  (949) 717-3100

                   About HelioPower, Inc.

Heliopower Inc. filed a Chapter 11 petition (Bankr. D. Nev. Case
No. 17-12099) on April 25, 2017.  Maurice Rousso, president, signed
the petition.  At the time of filing, the Debtor estimated assets
and liabilities ranging from $1 million to $10 million.  

Judge August B. Landis presides over the case.  The Debtor is
represented by Samuel A. Schwartz, Esq., at Schwartz Flansburg
PLLC.  

On June 30, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.


HOPE-WELL PILOT: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Hopewell-Pilot Project, LLC, as
of July 27, according to a court docket.

                About Hopewell-Pilot Project, LLC

Hopewell-Pilot Project, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. S.D. Tex. Case No. 17-32880) on May 4, 2017.  The Hon.
David Jones presides over the case.  Baker & Associates represents
the Debtor as counsel.  In its petition, the Debtor estimated
$100,000 to $500,000 in both assets and liabilities.  The petition
was signed by Mark Willis, president.


HOUSTON PLATE: Taps Womac as Counsel in Suit vs Gas Process
-----------------------------------------------------------
Houston Plate Processing, Inc. seeks approval from the U.S.
Bankruptcy Court for the Southern District of Texas to hire Womac
Law as special litigation counsel.

The firm will represent the Debtor in a lawsut against Gas Process
Equipment Company.

Under its contingency fee agreement with the Debtor, Womac Law
required an upfront $2,500 retainer, plus 35% of all money
collected prior to the filing of any appeal from a judgment or
settlement or 45% of all money collected after the filing of an
appeal.

Womac Law's attorney fees are billed at the rate of $300 per hour
for Brian Womac, Esq., and $200 per hour for Angeline Kell, Esq.

Ms. Kell disclosed in a court filing that she does not represent
any interest adverse to the Debtor's estate.

The firm can be reached through:

     Brian D. Womac, Esq.
     Angeline V. Kell, Esq.
     Womac Law
     8301 Katy Freeway
     Houston, TX 77024
     Tel: (713) 751-9200
     Fax: (713) 751-0808
     Email: brian@womaclaw.com
     Email: angie@womaclaw.com

                 About Houston Plate Processing

Houston Plate Processing, Inc., sought protection under Chapter 11
of the Bankruptcy Code (Bankr. S.D. Tex. Case No. 17-30603) on Feb.
2, 2017.  The petition was signed by Jeremiah E. Thompson,
president.  At the time of the filing, the Debtor disclosed $1.13
million in assets and $2.3 million in liabilities.  

The case is assigned to Judge Karen K. Brown.  Margaret M. McClure,
Esq., at the Law Office of Margaret M. McClure serves as the
Debtor's bankruptcy counsel.  The Debtor employed Mark W. Eyring as
its accountant.


INFINIA CORP: Trustee Selling Remnant Assets to Oak Point for $4K
-----------------------------------------------------------------
Gil A. Miller, the Liquidating Trustee of Infinia Corp. and
Powerplay Solar I, LLC, asks the U.S. Bankruptcy Court for the
District of Utah to authorize him to sell remnant assets to Oak
Point for $4,000, subject to overbid.

Since his appointment, the Trustee has administered the Estate for
the benefit of the Debtors' creditors in accordance with his power
and duties.  He is now in the process of winding down the
administration of these cases.  To that end, the Trustee is engaged
in efforts to ensure that the maximum value of the Estate's assets
is realized, which efforts include pursuing the sale of any
remaining assets.  He has determined that there may exists property
of the Estate that may be remaining, consisting of known or unknown
assets or claims, which have not been previously sold, assigned, or
transferred ("Remnant Assets").  

Pursuant to the negotiated Purchase Agreement, the Trustee proposes
to sell the Remnant Assets to the Buyer in exchange for a payment
of $4,000 to the Estate.  The Trustee proposes to sell the Remnant
Assets to the Buyer on "as is, where is," basis, without any
representations or warranties; and free and clear of any liens,
claims, or encumbrances.  In accordance with the Purchase
Agreement, the Remnant Assets expressly exclude: (i) any and all
funds held by the Trustee in the Estate's bank accounts earmarked
for distribution to creditors and/or payment of professional fees;
(ii) the claims of the Trustee against Richard Shorten and
Silvermine Capital Resources, LLC as asserted in Adversary
Proceeding No. 15-02183 pending in the Case and any proceeds from
settlement of such Adversary Proceeding; and (iii) the Purchase
Price.

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

      http://bankrupt.com/misc/Infinia_Corp_941_Sales.pdf

While the Trustee is prepared to consummate the sale of the Remnant
Assets to Oak Point pursuant to the terms set forth, in the event a
party other than the Buyer wishes to purchase the Remnant Assets,
the Trustee asks that the Court approves these overbid procedures
with respect to the sale of the Remnant Assets: (i) any party
wishing to participate in the overbid process must notify the
following parties of its intention to do so no later than two
calendar days at 5:00 p.m. (MDT) before the hearing on the Motion
in writing, via email at: (a) counsel to the Trustee, Steven C.
Strong, at sstrong@cohnekinghorn.com; and (b) Oak Point, Janice A.
Alwin, at janice@Oakpointpartners.com; (ii) the initial overbid for
the Remnant Assets will be $8,000; and (iii) in the event a party
other than the Buyer is deemed the winning bidder, such other party
will be required to purchase the Remnant Assets under the same
terms and conditions as set forth in the Purchase Agreement.

In the Trustee's business judgment, the purchase price proposed for
the Remnant Assets represents a fair and reasonable sale price for
such assets and is the highest and best offer for the sale of the
Remnant Assets.  He further submits that the sale of the Remnant
Assets, in accordance with the terms of the Purchase Agreement,
serves the best interest of the Estate and its creditors.
Accordingly, the Trustee respectfully asks that the Court approves
the relief requested.

The Trustee asks that the Court waives the 14-day stay under
Bankruptcy Rule 6004(h) because the additional delay would be
detrimental to creditors receiving a final distribution.

The Purchaser:

          Eric Linn, President
          OAK POINT PARTNERS, INC.
          P.O. Box 1033
          Northbrook, IL 60065-1033

                       About Infinia Corp.

Infinia Corp. and subsidiary Powerplay Solar I LLC, the owners of
a solar generation project in Yuma, Arizona, commenced Chapter 11
cases (Bankr. D. Utah Case No. 13-30688) on Sept. 17, 2013, to
sell the facility to their lender.  The Debtors estimated assets
and debts of at least $10 million.

Infinia Corp. is represented by George Hoffman, Esq., Steven C.
Strong, Esq. and Victor P. Copeland, Esq. -- gbh@pkhlaywers.com
and scs@pkhlawyers.com -- of Parsons Kinghorn Harris.  PowerPlay
Solar I is represented by Troy J. Aramburu, Esq. and Jeff D.
Tuttle, Esq. -- taramburu@swlaw.com and jtuttle@swlaw.com -- of
Snell & Wilmer L.L.P.

A four-member panel has been appointed in the case as the official
unsecured creditors committee, composed of Petersen Incorporated,
Intertek Testing Services, NA, Inc., ATL Technology, LLC, and
LeanWerks.

On April 14, 2014, the Court confirmed the Debtors' Chapter 11
Plan of Liquidation.  The Effective Date of the Plan was May 14,
2014.


INT'L MANUFACTURING: Sept. 18 Tribe Bankruptcy Appeal Hearing
-------------------------------------------------------------
Judge William B. Shubb of the U.S. District Court for the Eastern
District of California issued an order rescheduling the hearing
date on the Bankruptcy Appeal filed by Jamestown S'Klallam Tribe
from August 21, 2017, to Sept. 18, 2017, at 1:30 PM (PST).

The appeals case is JAMESTOWN S'KLALLAM TRIBE, Appellant, v.
BEVERLY N. McFARLAND, Chapter 11 Trustee, International
Manufacturing Group, Inc., Appellee, Case No. 2:17-cv-00293-WBS
(E.D. Cal.).

The adversary proceeding is JAMESTOWN S'KLALLAM TRIBE, Appellant,
v. BEVERLY N. McFARLAND, Chapter 11 Trustee, International
Manufacturing Group, Inc., Appellee, Adv. No. 16-02090 (Bankr. E.D.
Cal.).

The bankruptcy case is In re INTERNATIONAL MANUFACTURING GROUP,
INC., Debtor. JAMESTOWN S'KLALLAM TRIBE, Appellant, v. BEVERLY N.
McFARLAND, Chapter 11 Trustee, International Manufacturing Group,
Inc., Appellee, Case No. 14-25820-D11 (E.D. Cal.).

A copy of Judge Shubb's Order is available at https://is.gd/gFPIZb
from Leagle.com.

Jamestown S'Klallam Tribe, Appellant, represented by Daniel A.
Brown --dbrown@williamskastner.com-- Williams Kastner & Gibbs PLLC,
pro hac vice.

Jamestown S'Klallam Tribe, Appellant, represented by Julie E.
Oelsner --joelsner@weintraub.com-- Weintraub Tobin Chediak Coleman
Grodin Law Corporation & Shawn B. Rediger --
srediger@williamskastner.com -- Williams Kastner & Gibbs PLLC, pro
hac vice.

Beverly N. McFarland, Appellee, represented by Christopher Daniel
Sullivan -- csullivan@diamondmccarthy.com -- Diamond McCarthy LLP.

California Bank & Trust, Appellee, represented by Julie E. Oelsner,
Weintraub Tobin Chediak Coleman Grodin Law Corporation.

Bank of America, N.A., Appellee, represented by Brian Michael
Metcalf, O'Melveny & Myers LLP.

International Manufacturing Group, Inc., Debtor, represented by
Marc Caraska -- marc@caraskalaw.com -- Law Office Of Marc A.
Caraska.

ZB, N.A., Creditor, represented by Joel Gregory Samuels --
jsamuels@buchalter.com -- Buchalter Nemer & Peter G. Bertrand,
Buchalter Nemer.

Tracy Hope Davis, Trustee, represented by Judith C. Hotze, United
States Trustee's Office.

              About International Manufacturing

Deepal Wannakuwatte, the mastermind of a $150 million Ponzi
scheme,
put himself and his company, International Manufacturing Group
Inc., into Chapter 11 after he pleaded guilty to one count of wire
fraud and agreed to a 20-year prison sentence.  The bankruptcy
filing was part of his plea bargain with federal prosecutors.  Mr.
Wannakuwatte is the former owner of the Sacramento Capitols tennis
team.

Mr. Wannakuwatte initiated his personal Chapter 11 case on
May 30, 2014.  Hank Spacone was appointed as trustee for
Wannakuwatte's Chapter 11 estate.  Betsy Kathryn Wannakuwatte and
Sarah Kathryn Wannakuwatte also have pending Chapter 7 cases.

Mr. Wannakuwatte also submitted a Chapter 11 bankruptcy petition
for IMG on May 30, 2014 (Bankr. E.D. Cal. Case No. 14-25820) in
Sacramento.  The case is assigned to Judge Robert S. Bardwil.  The
Debtor tapped Marc A. Caraska, in Sacramento, as counsel.

In June 2014, Beverly N. McFarland was appointed as Chapter 11
trustee for IMG.  She tapped Felderstein Fitzgerald Willoughby &
Pascuzzi LLP as her bankruptcy counsel; Diamond McCarthy LLP as
Her
special litigation counsel; Gabrielson & Company as accountant;
and
Karen Rushing as bookkeeper outside the ordinary course of
business.

The U.S. Trustee for Region 7 appointed a three-member unsecured
creditors panel in IMG's case comprising of Byron Younger, Janine
Jones, and Steve Whitesides.


INTERNATIONAL WESTERN: Operation Losses Raise Going Concern Doubt
-----------------------------------------------------------------
International Western Petroleum, Inc., filed its quarterly report
on Form 10-Q, disclosing a net loss of $301,429 on $19,979 of total
revenue for the three months ended May 31, 2017, compared with a
net loss of $208,194 on $26,381 of total revenue for the same
period in 2016.  

The Company's balance sheet at May 31, 2017, showed $1,131,740 in
total assets, $660,228 in total liabilities, and a stockholders'
equity of $471,512.

The Company has generated net loss of $301,429 and cash flows used
in operations of $173,676 during the three months ended May 31,
2017.  Since, the Company has incurred losses from operations and
has negative operating cash flows, which raises substantial doubt
about its ability to continue as a going concern.

Management has a reasonable expectation that the Company has
adequate resources to continue in operational existence for the
foreseeable future.  The Company will be required to raise
additional funds to fully execute its business plan, however, the
Company believes it has sufficient cash on hand and limited near
term obligations to sustain its current operations for the next
twelve months.

A copy of the Form 10-Q is available at:

                        http://bit.ly/2uMp8PG

International Western Petroleum, Inc., engages in the acquisition,
exploration, and development of crude oil and natural gas
properties in Texas.  Its principal properties are located in the
Ellenberger formation in Coleman County, Texas.  The company was
founded in 2014 and is based in Irving, Texas.


JEFFREY EKIERT: Sale of West Palm Beach Property Denied
-------------------------------------------------------
Judge Paul G. Hyman, Jr., of the U.S. Bankruptcy Court for the
Southern District of Florida denied Jeffrey Eugene Ekiert's sale of
real property located at 932 McIntosh Street, West Palm Beach,
Florida, for failure to submit a proposed order.

On May 26, 2017, the Court entered an Order Granting Motion To
Reopen Administratively Closed Case.  On June 6, 2017, it held a
hearing on the Motion to Sell and orally granted the Motion to
Sell, and instructed the Debtor's counsel, David L. Merrill, Esq.,
to submit an order to that effect.  However, as of the date of
entry of the Order, no such order has been submitted.

The Clerk of Court will re-close the case.  The Court will not
consider reopening the case without the filing of another reopening
fee.

If counsel who filed the Motion to Sell files a new motion
requesting the same or substantially similar relief, counsel will
not charge for any fees or expenses in connection with the
preparation or filing of such substitute motion including, without
limitation, any filing or reopening fee.

Jeffrey Eugene Ekiert sought Chapter 11 protection (Bankr. S.D.
Fla. Case No. 12-27647) on July 23, 2012.

The Debtor can be reached at:

          Jeffrey Eugene Ekiert
          5073 Sequoia Court
          Export, PA 15632


KATY INDUSTRIES: Closes Sale of All Assets to Jansan Acquisition
----------------------------------------------------------------
Katy Industries, Inc., and affiliates filed a notice with the U.S.
Bankruptcy Court for the District of Delaware of closing of the
sale of substantially all assets to Jansan Acquisition, LLC, for an
aggregate amount equal to (i) the assumption of the Encina
Obligations, which amount will be reduced by any prepayments; plus
(ii) a credit bid in the amount outstanding under the $7.5 million
secured DIP credit facility at the time of the Closing; plus (iii)
a credit bid in the amount of the Second Lien Debt; plus (iv) the
Assumed Liabilities; plus (v) the Wind Down Reserve; plus (vi)
$975,000 less any applicable credits set forth in that certain
engagement letter agreement by and between Katy Industries and
Lincoln Partners Advisors made and entered into as of March 16,
2017 as amended by the Order entered by the Bankruptcy Court on
June 19, 2017 approving the retention of Lincoln as investment
banker for the Company; plus (vii) in the event a Qualified Bidder
other than the Purchaser is the Successful Bidder.

On July 18, 2017, the Court entered the Sale Order authorizing and
approving, among other things, the sale of substantially all of the
Debtors' assets and the assumption and assignment of certain
executory contracts and unexpired leases to the Purchaser.

On July 21, 2017, the Debtors and the Purchaser closed on the Sale
in accordance with the terms of the Amended and Restated Asset
Purchase Agreement, dated as of June 21, 2017.

                       About Katy Industries

Katy Industries, Inc. -- http://www.katyindustries.com/-- a
publicly traded Delaware corporation, is a 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, Huskee,
Color Guard, Wilen, Muscle Mop, Contico, Tuffbin, and SilverWolf,
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.   

Katy Industries, Inc., and its affiliates sought Chapter 11
protection (Bankr. D. Del. Case No. 17-11101) on May 14, 2017.
Katy Industries disclosed assets at $821,321 and liabilities at
$58,421,346.

The petitions were signed by Lawrence R. Perkins of
SierraConstellation Partners LLC, who serves as the Debtors' chief
restructuring officer.

The Debtors tapped DLA Piper LLP (US) as counsel; and Lincoln
Partners Advisors LLC as their investment banker.

On May 26, 2017, the Office of the U.S. Trustee appointed seven
members to the statutory committee of unsecured creditors in the
Debtors' cases.  The Committee retained Drinker Biddle & Reath LLP
as counsel.


KINGRIDGE ENTERPRISES: Wants to Use Iberia Bank's Cash Collateral
-----------------------------------------------------------------
Kingridge Enterprises Inc. asks for permission from the U.S.
Bankruptcy Court for the Eastern District of Kansas to (i) pay: (a)
postpetition employee wages, salaries and related items; (b)
postpetition employee business expenses; and (c) all costs and
expenses incident to the operation of the business in the ordinary
course of business; and (ii) use cash collateral, if any, to pay
the ongoing business expenses in the normal course of business.

The Debtor believes that Iberia Bank is the only creditor will
assert interest in the Debtor's cash collateral.

The Debtor has several construction project underway with the
Arkansas State Highway Department and two project that are about to
start for which the Debtor requires the use of cash collateral to
continue all necessary business operations and to honor its
contractually obligations to complete construction projects with
the Arkansas State Highway Department.

The Debtor currently employs 10 people.  These employees are paid
hourly and Mark Gregory Jackson is paid $500 per week and the
Debtor's payroll averages $5,000 per week.  The Debtor believes
that it is in the best interests of its estate to honor all of the
prepetition and postpetition employees and accrued wages due and
owing to employees to the extent the Debtor deems it practicable
and desirable, on a day-to-day basis, in the ordinary course of
business.  The Debtor intends to pay the obligations using cash
that is generated through revenues from its construction projects.
The Debtor believes that the cash may represent a perfected
security interest in the Debtor's accounts receivables by Iberia
Bank, and, therefore, may be considered cash collateral.  However,
out of an abundance of caution to the extent that the cash does
constitute cash collateral, the Debtor also seeks authority to use
cash collateral.

In order to maintain the continuity of the Debtor's businesses and
to preserve the morale of the Debtor's labor force, it is important
that the Debtor be permitted to pay its employees' their wages,
unreimbursed expenses, employee benefits, and other payments in the
ordinary course of business.  The Debtor says it would create a
substantial hardship on the employees if they were to lose (or
suffer delay in receiving) their pay or benefits.  Moreover, the
Debtor's ability to preserve its operations and assets and
ultimately reorganize will be affected adversely if it is unable to
retain the support and loyalty of their employees and complete the
construction contracts on a timely basis.

The Debtor says it does not intend to assume any executory
obligations.  Rather, the Debtor intends, in its discretion and in
the exercise of its business judgment, to maintain its current
staff and policies consistent with prior employment and personnel
policies pending further business decisions relevant to the
Debtor's reorganization.  The Debtor explains that the continued
services and cooperation of the employees is integral and necessary
to the Debtor's ongoing operations.  If the Debtor is unable to
assure its employees that they will be paid timely, or if employees
are not immediately assured of uninterrupted, critical benefit
payments to which they are entitled, the Debtor's operations could
suffer immediate and irreparable harm due to employee resentment,
resignations, loss of good will and disruption of employee morale.
Moreover, replacing employees who may leave the Debtor's employ if
the relief requested herein is not granted would be expensive and
disruptive because the employees are skill craft persons to the
Debtor's businesses and its reorganization efforts.  Payment of
employee wages, unreimbursed expenses, and employee benefits in
this case will have little, if any, impact on the payment of other
creditors' claims.

The Debtor tells the Court that it is without adequate funds,
absent access to the cash collateral.  The Debtor thus requests
emergency, interim authorization to use cash Collateral in the
amount of $35,000 for the limited purpose of paying employee
obligations and expenses of operation.  The Debtor requires the
interim use of cash collateral to meet its postpetition payroll
obligations and salaries and for costs of operations.  The Debtor's
failure to timely pay such items would result in immediate and
irreparable harm to its estate.

Because the Debtor's request for interim authorization seeks the
use of only that amount of cash collateral as is necessary to avoid
immediate and irreparable harm to its estate pending a final
hearing, its request complies with Rule 4001 (b)(2).

The Debtor says that granting Iberia Bank a replacement lien on
post-petition collateral to the extent its prepetition collateral
is diminished by the Debtor's use of cash collateral provides the
bank with adequate protection.

A copy of the Debtor's Motion is available at:

          http://bankrupt.com/misc/areb17-13560-27.pdf

                  About Kingridge Enterprises

Headquartered in Little Rock, Arizona, Kingridge Enterprises Inc.
is a minority commercial construction company primarily engaged in
highway construction.

Kingridge Enterprises filed for Chapter 11 bankruptcy protection
(Bankr. E.D. Ark. Case No. 17-13560) on June 26, 2017, estimating
its assets and liabilities at up to $50,000 each.  

Sheila F. Campbell, Esq., at Sheila Campbell, P.A., serves as the
Debtor's bankruptcy counsel.


KODI DISTRIBUTING: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Kodi Distributing LLC as of
July 26, according to a court docket.

                    About Kodi Distributing

Established in 2009, Kodi Distributing, LLC, is an online
distributor of adult products including sex toys, penis pumps,
vibrators, dildos and more.  The Company is headquartered in
Phoenix, Arizona.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. D.
Ariz. Case No. 17-07048) on June 21, 2017, listing $751,274 in
total assets and $854,587 in total liabilities as of May 31, 2017.

The petition was signed by Narongyos Santadsin, managing member.

Judge Eddward P. Ballinger Jr. presides over the case.

Krystal Marie Ahart, Esq., at James F. Kahn, P.C., serves as the
Debtor's bankruptcy counsel.


KONA GOLD: Taps J. Craig Demetras as Legal Counsel
--------------------------------------------------
Kona Gold LLC seeks approval from the U.S. Bankruptcy Court for the
District of Nevada to hire legal counsel in connection with its
Chapter 11 case.

The Debtor proposes to hire the Law Offices of J. Craig Demetras
to, among other things, give legal advice regarding its duties
under the Bankruptcy Code; examine claims of creditors; and
negotiate with creditors for a plan of reorganization.

J. Craig Demetras, Esq., who will be handling the case, will be
paid an hourly fee of $400.  Meanwhile, the firm will charge $225
per hour for paraprofessional services.

Demetras received a retainer from the Debtor in the amount of
$6,783.  

The firm does not represent any creditor or other party in the
Debtor's bankruptcy case, according to court filings.

The firm can be reached through:

     J. Craig Demetras, Esq.
     Law Offices of J. Craig Demetras
     230 E. Liberty St.
     Reno, NV 89501
     Tel: (775) 348-4600
     Email: mail@demetras-oneill.com

                       About Kona Gold LLC

Kona Gold, LLC owns a property located at 115 & 139 State Route 341
Mound House, Nevada.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Nev. Case No. 17-50562) on May 4, 2017.  Steve
Davis, manager, signed the petition.  

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

Judge Bruce T. Beesley presides over the case.

On June 30, 2017, the U.S. Trustee for Region 17 appointed an
official committee of unsecured creditors.


L&N TWINS: Sale of Pleasantville Property to Mishto for $1.5M
-------------------------------------------------------------
Judge Robert D. Drain of the U.S. Bankruptcy Court for the Southern
District of New York authorized L&N Twins Place, LLC's sale of real
property located at 2-4 Virginia Place, Pleasantville, New York, to
Agata Mishto for $1,490,000.

The public auction for the Property was held on July 27, 2017.  The
Buyer submitted the highest bid and L&N Twins Place of
Pleasantville, LLC, submitted the second highest bid.

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

In the event the foregoing sale to Mishto does not timely close,
the Debtor is authorized to sell the Property free and clear of all
Liens and Claims to the Back-Up Bidder under the terms of the
Contract (except that the Back-Up Bidder will have 14 days to close
from the date that it is informed of the Debtor's intention to
close on the sale of the Property with the Back-Up Bidder) for the
purchase price of $1,480,000.

At the closing of the sale of the Property, the Debtor is
authorized to pay reasonable, ordinary and customary closing costs
from the sale proceeds directly related to the sale including, but
not limited to, transfer taxes and reasonable title charges.

The sale proceeds equal to the amount of any known commissions that
may be due any real estate broker or co-broker on account of the
sale will be held in escrow by Reich, Reich & Reich, P.C., counsel
for the Debtor, until such time as said real estate broker's
retention and fee application are approved by the Court, at which
time the Reich Firm is authorized to pay the allowed commission
from such sale proceeds in escrow.

The Debtor is further authorized and directed to pay, from the next
sale proceeds at the closing of the sale of the Property, any
undisputed debts secured by a valid, perfected and enforceable lien
on the Property, in the order of priority of such liens.

If the amount of any lien on the Property is disputed in good
faith, the Debtor will place such disputed amount of sale proceeds
in escrow with the Reich Firm subject to further order of the Court
or resolution by the parties, and such escrow will be deemed
payment for purposes of the issuance of title insurance.

Any proceeds realized from the closing not previously addressed
will be held in escrow by the Reich Firm subject to further order
of the Court.

David Balaj is authorized to execute any and all documents
necessary to effectuate the foregoing sale.

Alexander Zadrima, Esq., is directed to return to 1111 Westchester,
LLC no later than Aug. 2, 2017 the contract deposit in the amount
of $127,000.

Within 10 days after the closing of the foregoing sale, counsel for
the Debtor will file a closing statement with the Court and serve a
copy on the Office of the United States Trustee.

The 14-day stay of the Order under Fed. R. Bankr. P. 6004(h) is
waived, for cause, and the Order is effective immediately upon its
entry.

                     About L&N Twins Place

L&N Twins Place, LLC, a single asset real estate, as defined in 11
U.S.C. Section 101(51B), owns a multi-family residential building
located at 2-4 Virginia Place, Pleasantville, New York, valued at
$1.27 million.

L&N Twins Place sought Chapter 11 protection (Bankr. S.D.N.Y. Case
No. 17-22758) on May 23, 2017.  The petition was signed by David
Balaj, managing member.  The Debtor disclosed assets at $1.28
million and liabilities at $650,449.  

Judge Robert D. Drain is assigned to the case.  

The Debtor tapped Jeffrey A. Reich, Esq., at Reich Reich & Reich,
P.C.,
as counsel.


LA PALOMA GENERATING: Court Extends Plan Filing Period to August 7
------------------------------------------------------------------
The Hon. Christopher S. Sontchi of the U.S. Bankruptcy Court for
the District of Delaware has entered a Second Order extending the
exclusive periods during which La Paloma Generating Company, and
its affiliated debtors may file a Chapter 11 plan and solicit
acceptances for that plan through and including August 7, 2017 and
October 6, 2017, respectively.

The Troubled Company Reporter has previously reported that the
Debtors sought for 60-days extension of their exclusive periods in
order to give them more time to continue their efforts and realize
the fruits of their labor.

Specifically, the Debtors explained that they have previously
requested the Court to exercise its authority to hear a dispute
concerning the taxable value of the Debtors' generation facility.
Consequently, the Court agreed that the Debtors will have an
opportunity to obtain an expeditious judicial determination of the
Debtors' tax liability, which could result in the Debtors
recovering more than $14 million in tax refund. In addition, the
Debtors told the Court that they have negotiated an amendment to
their Maintenance Agreement with Alstom Power that will result in
significant savings to the estate and enhance the Debtors'
profitability going forward.

The Debtors said they have been under Chapter 11 protection for
less than six months, and have used this time to kick off
substantive plan negotiations and engage with all major creditor
groups and enhance the value of their assets.

The Debtors told the Court that during that time, among other
things, they have: (a) negotiated several consensual financing
orders to ensure that the Debtors have access to the funds
necessary to operate their business and pay the administrative
expenses of these Chapter 11 cases; (b) engaged all of their key
stakeholders in discussions concerning potential Chapter 11 plan
structures; and (c) worked to monetized assets and restructure
important vendor and other contractual relationships with a view
toward maximizing the value of their business.


              About La Paloma Generating Company

La Paloma Generating Company, LLC, a D.C.-based merchant power
generator, and its affiliates La Paloma Acquisition Co, LLC, and
CEP La Paloma Operating Company, LLC, filed separate Chapter 11
bankruptcy petitions (Bankr. D. Del. Case Nos. 16-12700 to
16-12702) on Dec. 6, 2016.  The Hon. Christopher S. Sontchi
presides over the cases. The petitions were signed by Niranjan
Ravindran, as authorized person.

The Debtors are represented by John J. Rapisardi, Esq., and George
A. Davis, Esq., at O'Melveny & Myers LLP, as lead bankruptcy
counsel; and Mark D. Collins, Esq., Andrew Dean, Esq., and Jason M.
Madron, Esq., at Richards, Layton & Finger, P.A., as Delaware
counsel.  Lawyers at Curtis, Mallet-Prevost, Colt & Mosle LLP serve
as conflicts counsel. Jefferies LLC serves as the Debtors'
financial advisor and investment banker, while their claims and
noticing agent is Epiq Bankruptcy Solutions.  Alvarez & Marsal
North America, LLC, as financial advisor.

La Paloma Generating estimated $100 million to $500 million in
assets and $500 million to $1 billion in liabilities.

Maria Aprile Sawczuk has been appointed fee examiner in the
bankruptcy case.


LB STEEL: Walsh Construction Loses Bid to Dismiss 2nd Suit
----------------------------------------------------------
Judge Janet S. Baer of the U.S. Bankruptcy Court for the Northern
District of Illinois denied Walsh Construction Company's motion to
dismiss the complaint filed by LB Steel, LLC.

LB Steel filed an adversary complaint against Walsh seeking to
avoid and recover certain funds deposited with the Clerk of the
Circuit Court of Cook County. Walsh then filed a motion to dismiss
the complaint.

Walsh's primary argument is that the Debtor's Second Adversary
complaint should be dismissed in its entirety because it is barred
by the prohibition against claim-splitting under the doctrine of
res judicata. Specifically, Walsh contends that litigation of the
claims now asserted by the Debtor is foreclosed by res judicata
because the Debtor could have, but chose not to, allege those
claims in the First Adversary complaint. In response, the Debtor
argues both that Walsh has failed to establish the elements
required under res judicata and that two exceptions to the doctrine
apply here, thus precluding application of res judicata to this
action. The Court finds that res judicata is inapplicable to the
Debtor's instant claims based on the "statutory scheme exception."

Despite the presence of the three elements required for res
judicata, the Debtor argues that two exceptions to the doctrine
apply here. First, the Debtor contends that there is a "declaratory
judgment exception" that prevents the application of res judicata
to its suit. Second, the Debtor relies on a "statutory scheme
exception" that allows plaintiffs to split their claims.

Analyzing the arguments, Judge Baer finds that because the First
Adversary complaint included a request for both declaratory and
coercive relief and the Debtor was not the prevailing party in that
action, the Debtor cannot invoke the Declaratory Judgment Exception
to circumvent the application of res judicata.

Judge Baer also finds that the purposes of res judicata would not
be served by barring the Debtor's claims in the Second Adversary
and that applying the doctrine here would be inequitable.
Accordingly, the Court holds that the Statutory Scheme Exception
applies here, and the Debtor's First Adversary does not, under the
doctrine of res judicata, bar its subsequent complaint in the
Second Adversary.

Walsh asks the Court, in the alternative, to abstain from making a
decision under 28 U.S.C. section 1334(c)(1), because the appeal of
the Judgment Order is pending in the Circuit Court. Specifically,
Walsh argues that abstention is warranted here because the relief
that the Debtor seeks in the Second Adversary complaint is
"inextricably intertwined" with the Judgment Order now on appeal.

The Court does "not overlook the heavy obligation to exercise
jurisdiction." The situation in this particular case, however,
justifies the Court's abstention until the appellate court makes
its decision. For this reason, the abstention that the Court will
order will provide for a stay of the Second Adversary proceeding
until the state court resolves the appeal. By staying, rather than
dismissing, the adversary, the Court will retain jurisdiction in
case the resolution of the state court appeal necessitates further
action here. Accordingly, the Court, in its discretion, abstains
from resolving the dispute at bar until the appeal in the state
court has been resolved. At that time, further proceedings in this
Court will be conducted, if necessary, leading to an ultimate
disposition of the Debtor's Second Adversary complaint.

For the foregoing reasons, Judge Baer finds that the Statutory
Scheme Exception precludes the application of res judicata to bar
the Debtor's Second Adversary proceeding and, thus, Walsh's motion
to dismiss is denied. In its discretion, the Court abstains from
conducting further proceedings in connection with the Second
Adversary until the state court has rendered its decision on the
appeal of the Judgment Order. A separate order will be entered
consistent with this Memorandum Opinion.

The adversary proceeding is LB STEEL, LLC, Plaintiff, v. WALSH
CONSTRUCTION COMPANY, Defendant, Adv. No. 16-00727 (Bankr. N.D.
Ill.).

A full-text copy of Judge Baer's Memorandum Opinion is available at
https://is.gd/KjtQen from Leagle.com.

LB Steel, LLC, Debtor, represented by Daniel P. Dawson --
ddawson@nisen.com -- Nisen & Elliott, LLC, David J. Gold –
Dgold@perkinscoie.com -- Perkins Coie LLP, David K. Welch --
dwelch@craneheyman.com -- Crane Heyman Simon Welch & Clar & Daniel
A. Zazove – Dzazove@perkinscoie.com -- Perkins Coie LLP.

The Official Committee of Unsecured Creditors', Creditor Committee,
represented by Rosanne Ciambrone -- rciambrone@duanemorris.com --
Duane Morris LLP, Anand C. Mathew -- amathew@honigman.com --
Honigman Miller Schwartz and Cohn LLP, Matthew A. Olins --
maolins@duanemorris.com -- Duane Morris LLP, Robert J. Palmersheim
-- rpalmersheim@honigman.com -- Honigman Miller Schwartz and Cohn
LLP, John R. Weiss – jweiss@duanemorris.com --  Duane Morris LLP
& Keri L. Wintle – kwintle@duanemorris.com -- Duane Morris LLP.

                       About LB Steel

LB Steel, LLC, provider of outsourced machining, fabrication,
burning, and assembly services, sought Chapter 11 bankruptcy
protection (Bankr. N.D. Ill. Case No. 15-35358) on Oct. 18, 2015.
Michael Goich signed the petition as president.

The Debtor has engaged Perkins Coie LLP as counsel; Nisen &
Elliott, and Crane Heyman Simon Welch & Clar, both as special
counsel; Livingstone Partners LLC as investment banker; and Garden
City Group LLC as notice, claims and balloting agent.

Judge Janet S. Baer is assigned to the case.

The Office of the U.S. Trustee appointed five creditors to serve
on
the official committee of unsecured creditors. The creditors are
Janco Steel LTD, Welding Industrial Supply Co., SSAB Americas, The
Walsh Group and EVRAZ North America.

The unsecured creditors' committee has engaged Duane Morris LLP as
counsel, and Honigman Miller Schwartz and Cohn LLP as special
counsel.


LEHMAN BROTHERS: Court Approves RMBS Trust Settlement Agreement
---------------------------------------------------------------
Judge Shelley C. Chapman of the U.S. Bankruptcy Court for the
Southern District of New York issued an order approving the RMBS
Trust Settlement Agreement finding that the agreement is
reasonable, fair and equitable and supported by adequate
consideration.

Upon the motion, dated April 27, 2017, of Lehman Brothers Holdings
Inc. as Plan Administrator under the Modified Third Amended Joint
Chapter 11 Plan of Lehman Brothers Holdings Inc. and Its Affiliated
Debtors, on behalf of itself and the other affiliated debtors in
the above-captioned cases , pursuant to rule 9019(a) of the Federal
Rules of Bankruptcy Procedure  and section 105(a) of title 11 of
the United States Code for approval of that certain RMBS Trust
Settlement Agreement entered into as of November 30, 2016, and
modified as of March 17, 2017 by and among the LBHI Debtors, the
Institutional Investors and the Accepting Trustees; and this Court
having conducted a hearing to consider the Motion on July 6, 2017,
Judge Chapman finds and determines that:

   -- Each of the Accepting Trustees acted within the bounds of its
discretion, reasonably, and in good faith with respect to its
evaluation and acceptance of the RMBS Settlement Agreement
concerning the applicable Accepting Trust.

   -- The Court has applied the factors outlined by the Second
Circuit in Iridium, the leading case on the standard for approving
Bankruptcy Rule 9019 settlements in the Second Circuit, and
concludes that each of the Iridium factors applicable to the Motion
weighs in favor of approving the RMBS Settlement Agreement.

   -- In sum, the Plan Administrator has determined to seek to have
this Court estimate and allow the Covered Loan Claims at $2.416
billion, rather than at some lesser amount that the Plan
Administrator believes it may be able to achieve, but subject to
the Accepting Trustees' right to seek a higher amount, because the
Plan Administrator believes this is a fair resolution after taking
into account all of the foregoing. Judge Chapman agrees. The Plan
Administrator's determination to request allowance at $2.416
billion is a reasonable determination in view of the wide range of
potential outcomes and the time and expense that will be saved by
the Estimation Process.

   -- Accordingly, each of the Plan Administrator and the other
LBHI Debtors has acted in good faith and exercised sound business
judgment in connection with its determination to enter into and
execute the Settlement Agreement. Approval of the RMBS Settlement
Agreement is in the best interests of the LBHI Debtors, their
respective estates and creditors.

In light of this, Judge Chapman grants the motion and approve the
agreement.

The Order and the RMBS Settlement Agreement are binding and
effective on the LBHI Debtors, the Institutional Investors, and the
Accepting Trustees, as well as any successor to any of the
forgoing.

A full-text copy of Judge Chapman's Order is available at
https://is.gd/Ouic0Q from Leagle.com.

Lehman Brothers Holdings Inc., Debtor, represented by Adam M.
Bialek -- abialek@wmd-law.com -- Wollmuth Maher & Deutsch LLP,
Jerrold Lyle Bregman, Ezra Brutzkus Gubner LLP, David S. Cohen --
david.s.cohen@drexel.edu -- Milbank, Tweed, Hadley & McCloy LLP,
Todd G. Cosenza -- tcosenza@willkie.com -- Willkie Farr & Gallagher
LLP, Christopher J. Cox -- chris.cox@weil.com -- Weil, Gotshal &
Manges LLP, William F. Dahill -- wdahill@wmd-law.com -- Wollmuth
Maher & Deutsch LLP, Brijesh P. Dave, Lehman Brothers Holdings,
Inc., Scott I. Davidson -- sdavidson@kslaw.com -- King & Spalding
LLP, Paul R. DeFilippo -- pdefilippo@wmd-law.com -- Wollmuth Maher
& Deutsch LLP, Joshua Dorchak -- joshua.dorchak@morganlewis.com --
Morgan, Lewis & Bockius LLP, Sarah Efronson --
sefronson@jonesday.com -- Jones Day, Garrett A. Fail --
garrett.fail@weil.com -- Weil, Gotshal & Manges LLP, John D.
Giampolo -- jgiampolo@wmd-law.com -- Wollmuth Maher & Deutsch LLP,
Cindi Giglio -- cgiglio@curtis.com -- Curtis, Mallet-Prevost, Colt
& Mosle LLP, Lynn P. Harrison, III, Curtis, Mallet-Prevost, Colt &
Mosle, LLP, Diane Harvey, Weil Gotshal & Manges LLP, Jonathan S.
Henes -- jonathan.henes@kirkland.com -- Kirkland & Ellis LLP,
I-Heng Hsu, Jones Day, Thomas T. Janover --
tjanover@kramerlevin.com -- Kramer Levin Naftalis & Frankel LLP,
James N. Lawlor --  jlawlor@wmd-law.com -- Wollmuth Maher &
Deutsch, LLP, Robert J. Lemons -- robert.lemons@weil.com --  Weil
Gotshal & Manges, LLP, Mara R. Lieber -- mlieber@wmd-law.com --
Wollmuth Maher & Deutsch LLP, William A. Maher --
wmaher@wmd-law.com -- Wollmuth Maher & Deutsch LLP, Jacqueline
Marcus -- jacqueline.marcus@weil.com -- Weil Gotshal & Manges, LLP,
Arthur J. Margulies, Jones Day, Harvey R. Miller --
harvey.miller@weil.com -- Weil, Gotshal & Manges, LLP, Ralph I.
Miller -- ralph.miller@weil.com -- Weil, Gotshal & Manges, LLP,
Thomas M. Mullaney, Paul B. O'Neill, Kramer Levin Naftalis &
Frankel LLP, Steven J. Reisman -- sreisman@curtis.com -- Curtis,
Mallet-Prevost, Colt & Mosle LLP, Michael A. Rollin --
mrollin@rbf.law -- Rollin Braswell Fisher LLC, Benjamin Rosenblum
-- brosenblum@jonesday.com -- Jones Day, Andrew J. Rossman --
andrewrossman@quinnemanuel.com -- Quinn Emanuel Urquhart &
Sullivan, LLP, Laura Washington Sawyer -- lwsawyer@jonesday.com --
Jones Day, Shai Waisman -- swaisman@weil.com -- Weil, Gotshal &
Manges, LLP & Jane Rue Wittstein -- jruewittstein@jonesday.com --
Jones Day.

James W. Giddens, as Trustee for the SIPA Liquidation of Lehman
Brothers Inc., Trustee, represented by Jeffrey R. Coleman, Hughes
Hubbard & Reed LLP, James C. Fitzpatrick --
james.fitzpatrick@hugheshubbard.com -- Hughes Hubbard & Reed LLP,
Christopher K. Kiplok -- chris.kiplok@hugheshubbard.com -- Hughes
Hubbard & Reed LLP, Sarah K. Loomis Cave --
sarah.cave@hugheshubbard.com -- Hughes Hubbard & Reed, LLP, Daniel
Steven Lubell -- daniel.lubell@hugheshubbard.com Hughes Hubbard &
Reed, LLP, William R. Maguire -- william.maguire@hugheshubbard.com
-- Hughes Hubbard & Reed LLP, Jeffrey S. Margolin
--jeffrey.margoling@hugheshubbard.com -- Hughes Hubbard & Reed &
Neil J. Oxford -- neil.oxford@hugheshubbard.com Hughes Hubbard &
Reed LLP.

TMI Trust Company, c/o Seward & Kissel LLP, Trustee, represented by
M. William Munno -- munno@sewkis.com -- Seward & Kissel.

United States Trustee, U.S. Trustee, represented by Andrea Beth
Schwartz -- andrea.b.schwartz@usdoj.gov -- U.S. Department of
Justice & Andrew D. Velez-Rivera -- andy.velez-rivera@usdoj.gov --
Office of the U.S. Trustee.

Epiq Bankruptcy Solutions, LLC Claims Agent, Claims and Noticing
Agent, represented by Ron Jacobs, Jacobs, Walker, Rice & Barry,
LLC.

Mizuho Bank Ltd., formerly known as Mizuho Corporate Bank, Ltd.,
Cred. Comm. Chair, represented by Mark A. Speiser --
mspeiser@stroock.com -- Stroock & Stroock & Lavan LLP.

Liquidators of Lehman Brothers Australia Limited, Liquidator,
represented by David R. Seligman -- david.seligman@kirkland.com --
Kirkland & Ellis LLP & James H.M. Sprayregen --
james.sprayregen@kirland.com -- Kirkland & Ellis LLP.

Official Committee of Unsecured Creditors, Creditor Committee,
represented by Robert K. Dakis -- rdakis@morrisoncohen.com --
Morrison Cohen LLP, Dennis F. Dunne -- ddunne@milbank.com --
Milbank, Tweed, Hadley & McCloy LLP, Tyler Whitmer --
tylerwhitmer@quinnemanuel.com -- Quinn Emanuel Urquhart & Sullivan,
LLP & Eric D. Winston -- ericwinston@quinnemanuel.com -- Quinn
Emanuel Urquhart Oliver & Hedges LLP.

Joanna Baricevic, Creditor Committee, represented by Bruce J.
Duke.

                    About Lehman Brothers

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

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

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

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

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

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

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

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

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

                          *     *     *

In October 2016, the team winding down LBHI paid $3.8 billion to
creditors, the 11th distribution since Lehman's collapse in 2008.
This brought the total payout to more than $113.6 billion.
Bondholders were projected to receive about 21 cents on the dollar
when Lehman's bankruptcy plan went into effect in early 2012.  The
11th distribution raised the bondholders' recovery to more than 40
cents on the dollar and recoveries for general unsecured creditors
of Lehman's commodities to 79 cents on the dollar.  Lehman's
aggregate 12th distribution to unsecured creditors pursuant to its
confirmed Chapter 11 plan will total approximately $3.0 billion.


LOMBARD PUBLIC: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Lombard Public Facilities Corporation
        c/o Donald Renner, Esq.
        KLEIN, THORPE AND JENKINS, LTD.
        20 North Wacker Dr., Suite 1660
        Chicago, IL 60606

Type of Business: The Lombard Public Facilities Corporation was
                  established in 2003 by the Lombard Village
                  to finance the construction of a hotel and
                  convention center, and is the owner of the hotel
                  and convention center for as long as any bonds
                  remain outstanding.  At such time as the bonds
                  are paid off, ownership of the hotel and
                  convention center is transferred to the Village.
                  The hotel and convention center, which opened in
                  2007, includes 500 guest rooms and 39,000 square
                  feet of flexible meeting space with two full-
                  service restaurants.

Chapter 11 Petition Date: July 28, 2017

Case No.: 17-22517

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

Judge: Hon. Jacqueline P. Cox

Debtor's Counsel: Brad Berish, Esq. ARDC
                  ADELMAN & GETTLEMAN, LTD.
                  53 W Jackson Blvd Rm 1050
                  Chicago, IL 60604
                  Tel: 312 435-1050
                  E-mail: bberish@ag-ltd.com

                  Steven B Chaiken, Esq.
                  ADELMAN & GETTLEMAN, LTD.
                  53 W Jackson Blvd, Ste. 1050
                  Chicago, IL 60604
                  Tel: 312 435-1050
                  Fax: 312 435-1059
                  E-mail: schaiken@ag-ltd.com

                    - and -

                  Henry B. Merens,  Esq.
                  ADELMAN & GETTLEMAN, LTD.
                  53 W. Jackson Blvd.
                  Chicago, IL 60604
                  Tel: 312 435-1050
                  E-mail: hbm@ag-ltd.com

Estimated Assets: $10 million to $50 million

Estimated Debts: $100 million to $500 million

The petition was signed by Paul Powers, president.  A full-text
copy of the petition is available for free at:

         http://bankrupt.com/misc/ilnb17-22517.pdf

Debtor's List of 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Amalgamated Bank of Chicago           Bond Debt      $211,652,474
(Indentured Trustee) *
c/o Schiff Hardin
666 Fifth Ave., Suite 1700
New York, NY 10103
Contact: Louis T. Delucia
Tel: (212)745-0853
Email: ldelucia@schiffhardin.com

MidAmerica Hotel Partners LLC           Asset          $7,099,724
52 S. Washington Suite 201           Management
Hinsdale, IL 60521                    Agreement
Contact: Tom McGuigan
Tel: (630)621-0026
Email: tom2121@aol.com

Westin Management Company               Hotel          $5,580,919
North c/o Starwood Hotels &           Management
Resorts Worldwide, Inc                Agreement
111 Westchester Ave.
White Plains, NY 10604
Contact: John Monaghan
Tel: (617)573-5834
Email: john.monaghan@hklaw.com

ACA Financial Guaranty Corporation      Surety         $1,100,000
555 Thodore Fremd, Suite C-205           Bond
Rye, NY 10580
Contact: Maria Cheng
Tel: (212)375-2470
Email: mcheng@aca.com

Cathay Pacific Airways                 Par Diem          $230,000
Email: donald_morris@cathaypacific.com  Deposit

Homefield Energy & Dynegy, Inc.         Accrued          $105,000
Email: angie.ward@dynegy.com            Utility

PSAV Presentation Services             Trade Debt         $55,810
Email: sbryant@psav.com

US Foodservice, Inc.                   Trade Debt         $49,089
Email: leon.melissas@usfoods.com

Edward Foundation                    Advance Deposit      $45,000
Email: mmoreno@edward.org

Andrew Wommack Ministires, Inc.      Advance Deposit      $42,818
Email: carlie@awmi.net

Village of Lombard
Email: waterbilling@villageoflombar  Accrued Utility      $36,928
d.org

American Hotel Register                 Trade Debt        $36,205
Email: arremittenance@americanhotel.com

Howard Lapping                       Advance Deposit       $36,000
Email: hlapping13@comcast.net

Northwestern Memorial Foundation     Advance Deposit       $35,000
Email: holly_kulikowski@cdh.org

Constellation Newenergy                Trade Debt          $34,528
Email: home@constellation.com

Nikki Patel                          Advance Deposit       $32,000
Email: nikkipatel86@gmail.com

Iris Sagrado                         Advance Deposit       $30,111
Email: irisajwed@gmail.com

Iron Workers Local 63 Union          Advance Deposit       $30,000
Email: admin@iwlocal63.com

Chicago Regional Council Of          Advance Deposit       $30,000
Carpenters Local 1185
Email: jpeters@carpentersunion.org

Kali Sarcinella and                  Advance Deposit       $27,500
Nicholas Ciaglia
Email: kesarcinella@gmail.com


LUCKY # 5409: Wants Exclusive Plan Filing Deadline Moved to Nov. 13
-------------------------------------------------------------------
Lucky # 5409, Inc., and Azhar H. Chaudhry ask the U.S. Bankruptcy
Court for the Northern District of Illinois to extend their
exclusive right to file and confirm Chapter 11 plans of
reorganization to and including Nov. 13, 2017, and Jan. 13, 2018,
respectively.

The Debtors also ask the Court to set a status hearing in the
Debtors' Chapter 11 case and the adversary proceeding against
International House of Pancakes (16-ap-00547) for Aug. 24, 2017.

As reported by the Troubled Company Reporter on May 8, 2017, the
Court extended, at the behest of the Debtors, the exclusive periods
to file and confirm Chapter 11 plans of reorganization to and
including Aug. 8, 2017, and Oct. 6, 2017, respectively.

The Debtors now require a further extension of the exclusive
periods to file and confirm a Chapter 11 plan to allow for the
resolution of their litigation with IHOP in the related adversary
proceeding [Adv. No. 16-00547].  The outcome of the adversary case
will directly affect the substance of the Debtor's Chapter 11 plan.
The Debtors cannot file and confirm a Chapter 11 plan until the
adversary case is resolved.

IHOP's counsel has advised the Debtors' counsel that IHOP has no
objection to the extension requested.

The Debtors say that the adversary proceeding between the Debtors
and IHOP directly affects the substance of the Debtor's Chapter 11
plan.  Until the adversary case is resolved, the Debtors cannot
submit or confirm a plan.  The Debtors state that they should not
lose one of their most important tools as debtors in possession
because of the outstanding litigation with IHOP.  

                        About Lucky # 5409

Azhar Chaudhry is an individual and franchisee of an International
House of Pancakes restaurant located at 7240 W. 79th Street,
Bridgeview, Illinois 60455 (IHOP-Bridgeview). IHOP-Bridgeview is
operated through the corporate entity, Lucky # 5409, Inc.  Chaudhry
is the sole shareholder and president of Lucky.  IHOP Bridgeview's
day-to-day operations are run by the restaurant's manager, Ron
Matin.

Lucky # 5409, Inc., and Azhar Chaudhry sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ill. Case No.
16-16264 and 16-16273) on May 13, 2016.  The cases are jointly
administered under Case No. 16-16264.  The petitions were signed by
Azhar M. Chaudhry, president.  The Debtors estimated assets at
$500,001 to $1 million and liabilities at $100,001 to $500,000 at
the time of the filing.

The Debtors are represented by Kevin H. Morse, Esq., at Arnstein &
Lehr LLP.  The Debtors hired Tax Consulting Inc. as accountant.


M2J2 LLC: Selling Bedford Property to Ceci for $2 Million
---------------------------------------------------------
Judge Robert D. Drain of the U.S. Bankruptcy Court for the Southern
District of New York will convene a hearing on Aug. 22, 2017, at
10:00 a.m., to consider M2J2, LLC's sale of commercial real
property located at 97 Bedford Banksville Road, Bedford, New York,
to Benedetto Ceci or an entity to be formed by them for
$2,050,000.

Objections, if any, must be filed no later than three business day
prior to the hearing date.

At the time of filing, the Debtors owned the Property.  The major
purpose of the Chapter 11 was to stay a pending foreclosure action,
in order to sell the Property to preserve the expected equity.  The
Debtor has negotiated a contract for the sale of the Property land
for a purchase price of $2,050,000.  The closing is anticipated to
occur no later than Aug. 15, 2017 at 10:00 a.m.  The sale proceeds
will be sufficient to pay off the mortgage, which is the only known
lien.

A copy of the Agreement attached to the Notice is available for
free at:

          http://bankrupt.com/misc/M2J2_LLC_48_Sales.pdf

On the Petition Date, the Debtor was indebted to Farm Credit East,
ACA in the approximate amount of $1,104,500.

Applications to retain the real estate broker and real estate
counsel have been approved and Orders approving retention have been
entered.  The retention Order for the real estate broker, Garry
Klein, of Houlihan Lawrence Commercial Group, allows for
compensation pursuant to the Exclusive Right to Sell Listing
Agreement.  The Agreement provides for a 6% commission when there
is a co-broker.  The co-broker is Greg Silver of Silver Properties,
LLC, and it is requested that as part of the approval, that Debtor
be authorized to pay the brokerage commission, per the listing
agreement, 6%.

It is further requested that the legal fees earned by Peter Spino,
Esq., in representing the Debtor in negotiating the Contract and
for services through closing be paid at Closing.  As indicated in
his Affidavit for Retention, his fee is $4,500.  A separate
Affirmation of Legal Fees, with time records is included with the
Application.

From the proceeds of the sale, the Debtor proposes to pay the
brokers' commissions, and other usual and customary costs of sale,
such as New York transfer tax and counsel fees as described.
Thereafter, proceeds will be used to pay and satisfy Farm East, the
mortgagee; other filed and undisputed liens.  It is proposed that
the amounts to pay any disputed liens be held in escrow by the
Debtors' counsel, and the balance, if any, to the Debtor.  It
proposes that the liens be paid in their order of priority until
the proceeds are fully paid out.

After substantial efforts and negotiations, the Debtors are firm in
its conviction (i) that the price is a fair market value and in the
best interest of the Debtor to sell; and (ii) that the Court should
authorize the consummation of the transaction as outlined in the
Agreement.  The Debtor believes a sale is in the best interest of
the Debtors and the Estate.  Accordingly, the Debtor asks the Court
to approve the relief requested.

The Purchaser:

          Benedetto Ceci
          274 Taconic Road
          Greenwich, CT 06831

                         About M2J2, LLC

M2J2 LLC, based in Bedford, N.Y., filed a Chapter 11 petition
(Bankr. S.D.N.Y. Case No. 16-22876) on June 28, 2016.  In its
petition, the Debtor disclosed $2.75 million in total assets and
$1.12 million in total liabilities.  The petition was signed by
Meredith F. Troy, sole member.

The Hon. Robert D. Drain presides over the case.  

Nathan Horowitz, Esq., serves as bankruptcy counsel to the Debtor.
Garry Klein of Houlihan Lawrence Commercial Group is the real
estate broker.


MACAVITY COMPANY: Gets Approval to Hire Gallagher as Legal Counsel
------------------------------------------------------------------
Macavity Company LLC received interim approval from the U.S.
Bankruptcy Court for the District of Arizona to hire legal counsel
in connection with its Chapter 11 case.

In its order issued on Sept. 25, the court authorized the Debtor to
employ Gallagher & Kennedy, P.A. to, among other things, give legal
advice regarding its duties under the Bankruptcy Code; assist in
the deposition of its assets; and assist in the preparation of a
Chapter 11 plan.

If no objection is filed within 21 days after service of the court
order, the employment of Gallagher will be deemed approved on a
final basis, according to the order.

The hourly rates charged by the firm range from $390 to $625 for
shareholders, $340 to $385 for associates, and $250 to $260 for
paralegals.

The attorneys who are expected to handle the case and their hourly
rates are:

     John Clemency     $610
     Lindsi Weber      $415
     Janel Glynn       $415

Gallagher received a retainer from the Debtor in the amount of
$75,000 prior to the petition date.

The firm does not hold or represent any interest adverse to the
Debtor, according to court filings.

Gallagher can be reached through:

     Lindsi M. Weber, Esq.
     Janel M. Glynn, Esq.
     Gallagher & Kennedy, PA
     2575 East Camelback Road
     Phoenix, AZ 85016-9225
     Tel: (602) 530-8000
     Fax: (602) 530-8500
     Email: john.clemency@gknet.com
     Email: lindsi.weber@gknet.com
     Email: janel.glynn@gknet.com

                   About Macavity Company LLC

Macavity Company, LLC develops real estate properties.  The Debtor
was incorporated in 2008 and is based in Mesa, Arizona.  It has a
fee simple interest in an 861.50 acres of undeveloped land at NW
Corner of Monte Carlo Boulevard and FM 75, Princeton, Texas, valued
at $28 million.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Ariz.Case No. 17-08474) on July 24, 2017.  The
petition was signed by Lane Spencer of Ready RDC LLC, sole member.


At the time of the filing, the Debtor disclosed $28.12 million in
assets and $17.29 million in liabilities.  

Judge Brenda K. Martin presides over the case.


MARIA SANCHEZ: Palomo Buying Pharr Property for $165K
-----------------------------------------------------
Maria Magdalena Sanchez asks the U.S. Bankruptcy Court for the
Southern District of Texas to authorize the private sale of a tract
of land known as 518 E. Business Highway 83, Pharr, Hidalgo County,
Texas, to Michael Palomo for $165,000, in addition to paying off
the debt on the loan for the property.

Objections, if any, must be filed within 21 days of the date of
service of the Motion.

The Debtor proposes to sell the property free and clear of all
liens because of the necessity of consummating the sale that will
benefit the estate and the property's first lienholder
InterNational Bank, ("INB").  The property is not necessary to the
operation of his business in that she will maintain other
properties for the operation of her business and in that respect
only, not necessary to the administration of the estate.

INB is a first lien holder of the property.  Although, it is cross
collateralized with other not being proposed to be sold through the
Motion, the debt on the loans on this property is approximately
$84,976.

The proposed sale price of $165,000, in addition to paying off the
debt on the loan for this property, will reduce approximately an
additional $80,024 from the estate's liabilities to the secured
creditor's beyond the specific debt associated with the property.

Mr. Palomo, will pay the purchase cost in cash.  The $165,000
proposed sales price is above the 2016 fair market value of the
property which is $147,152.

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

        http://bankrupt.com/misc/Maria_Sanchez_86_Sales.pdf

Applying a discount factor of 25% to the aforementioned appraisal
value of the property ($147,152) that is encumbered by INB liens
would net INB a liquidated value of $110,364.  The sale of the
property will prevent any more ad valorem taxes on the property
from accumulating.  All first liens and all tax liens on the
Property will be paid upon closing.  The Debtor proposes that the
net proceeds be paid to INB.

The proceeds of the sale, after closing costs and other reasonable
expenses related to the sale as well as payment of the ad valorem
taxing authorities, will pay or satisfy INB's claim(s) in full, in
exchange for the full release of all of its liens on the property,
after deducting expenses of the sale, if any, including but not
limited to title policy fees, recording fees, payment of delinquent
ad valorem taxes, tax certificates, attorney's fees, and other
expenses related to the closing of the sale.

All other junior liens and encumbrances which are subordinate to
the liens of INB and the ad valorem taxing entities will be
divested by the sale.

The business justification offered in support of the sale of the
property is sufficient to authorize proceeding with the sale.  The
proposed sale has a significant economic value to it; (i) assuming
that the Court will allow the sale, the sale will pay off the
secured debt on the lien; and (ii) the reduction of the debt will
demonstrate the effort of good faith in future debt refinancing
negotiations with the Creditor INB.  Accordingly, the Debtor asks
the Court to approve the relief requested.

The Purchaser can be reached at:

          Michael Palomo
          3912 N Jackson Rd.
          Pharr, TX 78577

Counsel for the Debtor:

          Antonio Martinez, Jr., Esq.
          LAW OFFICE OF ANTONIO MARTINEZ, JR., P.C.
          317 West Nolana St., Suite C
          McAllen, TX 78504
          Telephone: (956) 683-1090

Maria Magdalena Sanchez sought Chapter 11 protection (Bankr. S.D.
Tex. Case No. 16-70518) on Dec. 5, 2016.  The Debtor tapped Antonio
Martinez, Jr., Esq., as counsel.

The Debtor can be reached at;

          Maria Magdalena Sanchez
          1232 S Bluebonnet St.
          Pharr, TX 78577


MICHAEL DOMBROWSKI: Sale of Atlanta Home for $121K Approved
-----------------------------------------------------------
Judge Clifton R. Jessup, Jr. of the U.S. Bankruptcy Court for the
Northern District of Alabama authorized Michael G. Dombrowski's
private sale of his rental home located at 95 Forsyth Street SW,
Unit 3D, Atlanta, Georgia, to Debora Caruth for $121,000.

A hearing on the Motion was held on July 26, 2017.

The sale is free and clear of all liens.

                    About Michael Dombrowski

The Michael G. Dombrowski is an active real estate investor with
numerous real properties in Alabama and several other states.  In
addition to his own properties, he is a member or member/owner of
several limited liability companies that own real properties.

Mr. Dombrowski sought Chapter 11 protection (Bankr. N.D. Ala. Case
No. 16-81412) on May 11, 2016.  The Debtor tapped Tazewell Shepard,
Esq., at Sparkman, Shepard & Morris, P.C., as counsel.


MT. OLIVE BAPTIST: Has Interim OK to Use FCBTC Cash Through Oct. 25
-------------------------------------------------------------------
Judge G. Michael Halfenger of the U.S. Bankruptcy Court for the
Eastern District of Wisconsin authorized Mt. Olive Baptist Church,
Inc., to use cash collateral on an interim basis.

The Debtor's authority to use cash collateral will terminate upon
the earliest to occur of the following:

   (a) the continued hearing on the Motion scheduled for Oct. 25,
2017;

   (b) further order of the Court which modifies and/or terminates
Debtor’s authority to use cash collateral;

   (c) the appointment of a trustee in the Debtor's case;

   (d) the dismissal or conversion of Debtor's case to a case under
Chapter 7 of the Code; or

   (e) the Debtor's substantial failure to comply with the terms of
this order.

The Debtor has presented a budget projecting disbursements in the
aggregate sum of $84,097 for July 15 to 30, and for the months of
August through October 2017.  The Initial Budget may be modified or
supplemented from time to time by additional budgets.

The Debtor has asserted that First Citizens Bank & Trust Company is
the only entity with an interest in cash collateral.  As such,
First Citizens Bank is granted a replacement lien in an amount
equal to and in the same priority as it had as of the Petition Date
to the extent that First Citizens Bank had a properly perfected
security interest in cash collateral as of the Petition Date.  The
Debtor will also make cash payments of $7,737 to First Citizens
Bank commencing on Aug. 1, 2017.

In addition, the Debtor is directed to provide reports of its
receipts and disbursements once a month consistent with its monthly
operating report requirements for its chapter 11 case, inclusive of
monthly balance sheets and income statements.  The Debtor is also
directed to continue to maintain and insure the Prepetition
Collateral and the DIP Collateral consistent with the requirements
in the Prepetition Loan Documents.

A full-text copy of the Order, dated July 25, 2017, is available at
https://is.gd/u1mhFX

                 About Mt. Olive Baptist Church

Mt. Olive Baptist Church, Inc., owns a Baptist church in Milwaukee,
Wisconsin.  Mt. Olive Baptist Church filed for Chapter 11
bankruptcy protection (Bankr. E.D. Wis. Case No. 17-26930) on July
14, 2017, disclosing $584,548 in total assets as of March 31, 2017,
and $1.12 million in total liabilities as of March 31, 2017.  The
petition was signed by Nita F. Farrow, leader of trustee ministry.
Judge Michael G. Halfenger presides over the case.  David J. Espin,
Esq., at Petrie & Pettit, serves as the Debtor's bankruptcy
counsel.


NAHID M F: Plan Exclusivity Periods Extended Through October 25
---------------------------------------------------------------
Judge John K. Olson of the U.S. Bankruptcy Court for the Southern
District of Florida extended Nahid M F International, Inc.'s
exclusivity periods within which  to file a plan of reorganization
and solicit acceptances of a plan through October 25, 2017.

Troubled Company Reporter has previously reported that the Debtor
asked the Court for an additional 120 days extension of its
exclusivity period, asserting that it needed additional time to
solicit Plan votes, otherwise, it will have to seek confirmation of
the Plan via the cramdown provision of the Bankruptcy Code.

The Debtor said that it has already filed and served its First
Amended Disclosure Statement and the First Amended Plan on all
interested parties and creditors. The Debtor also said ballots have
been sent out.

                 About Nahid M F International

Nahid M F International, Inc., is a drive through Farm Store that
sells groceries, convenience items, candy, and beer.  The Debtor
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
S. D. Fla. Case No. 16-24969) on Nov. 5, 2016.  The petition was
signed by Mohammed Faruk, president.   At the time of the filing,
the Debtor estimated assets and liabilities of less than $50,000.
Judge John K. Olson presides over the case.  Dsouza Law Group, P.A.
represents the Debtor as bankruptcy counsel.

On April 3, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.  According
to the Plan, each holder of an Allowed Class III General Unsecured
Claim will receive, in full and final satisfaction of their
respective claims, a pro rata share of $500 per quarter for
payments one through 20 to be paid from the new value payment of
the Debtor, pursuant to the payment schedule established in the
Debtor's Disclosure Statement.  Funds to be used to make cash
payments under the Plan will derive from income generated from
retail sales of groceries, cigarettes and beer from the Farm Store.
The Disclosure Statement is available at:

          http://bankrupt.com/misc/flsb16-24969-49.pdf  

The U.S. Bankruptcy Court for the Southern District of Florida was
slated to consider confirmation of the Chapter 11 plan at a hearing
on July 25.  No ruling has been issued.


NEOPS HOLDINGS: Allowed to Obtain $1.2-Mil Financing, Use Cash
--------------------------------------------------------------
Judge Ann M. Nevins of the U.S. Bankruptcy Court for the District
of Connecticut signed a second interim order authorizing NEOPS
Holdings, LLC and its debtor-affiliates to obtain secured,
super-priority postpetition financing from AHM NEOPS Acquisition,
LLC of up to $440,000 upon entry of the Interim Order with
aggregate principal amount not to exceed $1.2 million at any one
time outstanding upon the entry of a Final Order.  

The Debtors are also authorized to use cash collateral and the
proceeds of the DIP Facility, solely for (1) working capital and
other general corporate purposes, (2) permitted payment of costs of
administration of the Chapter 11 cases, and (3) payment of fees and
expenses due under the DIP Facility, as approved by the Court.

AHM NEOPS Acquisition is granted continuing, valid, binding,
enforceable, non-avoidable and automatically and properly perfected
security interests in and liens on any and all presently owned and
hereafter acquired personal property, real property and other
assets of the Debtors.  AHM NEOPS Acquisition is also granted an
allowed super-priority administrative expense claim in each of the
Debtors' cases and any successor cases for all DIP Obligations.

Prepetition, First Niagara Bank, N.A., provided the Debtors NEOPS
Holdings, LLC ("Holdings") and New England Orthotic and Prosthetic
Systems, LLC ("NEOPS") a Revolving Credit Loan in the maximum
principal amount of up to $4 million and a Term Loan in the
original principal amount of $8 million. As of the Petition Date,
the principa amount outstanding on the Revolving Loan is $3,900,000
and the principal amount on the Term Loan is $920,000. In the fall
of 2016. KeyBank, National Association succeeded to First Niagara
Bank's interest in the First Lien Obligations as a result of
KeyBank's acquisition of First Niagara Bank.

F.N.B. Capital Partners, L.P., known as Tecum Capital Partners
loaned $4 million to Holdings and NEOPS pursuant to that certain
Senior Subordinated Promissory Note.  As of the Petition Date, the
principal amount outstanding to Tecum Capital is $5,112,380.  In
addition, Edward Epstein loaned $1 million to Holdings and NEOPS,
and as of the Petition Date, the principal amount outstanding is
$1,278,095. The Debtors New England O&P New York, Inc.; Carlow
Orthopedic & Prosthetic, Inc.; and Bergman Orthotics & Prosthetics
guaranteed the First Lien Obligations.

In relation to the Prepetition Loans, Holdings and NEOPS granted
(a) first priority security interests in and liens on substantially
all of their prepetition assets to First Niagara Bank, and (b)
second priority security interests in and liens on the prepetition
collateral to Tecum Capital and Mr. Epstein.

Pursuant to that certain Intercreditor Agreement and Subordination
Agreement, the Borrowers and First Niagara Bank stipulate,
acnkowledge and agree that the Prepetition Junior Liens on any of
the Prepetition Collateral are subordinate to the Prepetition
Senior Liens in accordance with the Intercreditor Agreement.

As adequate protection of the interests of First Niagara Bank,
Tecum Capital and Mr. Epstein are granted continuing valid,
binding, enforceable, non-avoidable and automatically perfected
post-petition security interests in and liens on the DIP
Collateral. As further adequate protection, First Niagara Bank,
Tecum Capital and Mr. Epstein are each granted an allowed
super-priority administrative expense claim in each of the Debtors'
cases.

The hearing to consider entry of the Final Order and Final Approval
of the DIP Facility is scheduled for August 4, 2017 at 11:00 a.m.
Any party-in- interest objecting to the entry of the proposed Final
Order will file written objections no later than August 2.

A full-text copy of the Second Interim Order, dated July 25, 2017,
is available at https://is.gd/cLawmZ

                      About NEOPS Holdings

Headquartered in Branford, Connecticut, New England Orthotic --
http://neops.net/-- is a provider of state-of-the-art orthotic and
prosthetic patient care products and services in the eastern United
States.  The partnership was founded by certified orthotists and
prosthetists who were dissatisfied with large impersonal
corporations where the constant pressures of consolidation and cost
containment can hamper effective patient care.

NEOPS Holdings LLC and its affiliates including New England
Orthotic and Prosthetic Systems, LLC filed for Chapter 11
protection (Bankr. D. Conn. Lead Case No. 17-31017) on July 11,
2017.  The petitions were signed by David Mahler, president and
CEO.

NEOPS Holdings estimated its assets at between $1 million and $10
million and its liabilities at between $10 million and $50 million.
New England Orthotic estimated its assets at up to $50,000 and
liabilities at between $1 million and $10 million.

Judge Ann M. Nevins presides over the case.

James Berman, Esq., and Joanna M. Kornafel, Esq., at Zeisler &
Zeisler, P.C., serve as the Debtors' bankruptcy counsel.

The U.S. Trustee for Region 2 on July 21, 2017, appointed three
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 cases of NEOPS Holdings, LLC, and its affiliates.
The committee members are: (1) Southern Prosthetic Supply, Inc.;
(2) Cascade Orthopedic Supply, Inc.; and (3) Otto Bock Healthcare,
LP.


NORTH AMERICAN GROUP: Taps Dal Lago Law as Legal Counsel
--------------------------------------------------------
North American Group, Inc. seeks approval from the U.S. Bankruptcy
Court for the Middle District of Florida to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire Dal Lago Law to, among other things,
give legal advice regarding its duties under the Bankruptcy Code;
negotiate with its secured lender regarding the use of cash
collateral; and assist in the preparation of a plan of
reorganization.

Dal Lago Law is "disinterested" as defined in section 101(14) of
the Bankruptcy Code, according to court filings.

The firm can be reached through:

     Michael R. Dal Lago, Esq.
     Dal Lago Law
     999 Vanderbilt Beach Road, Suite 200
     Naples, FL 34108
     Tel: 239-571-6877
     Email: mike@dallagolaw.com

                About North American Group Inc.

North American Group, Inc. is a business management consultant in
the Fort Myers Shores, Florida.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. M.D. Fla. Case No. 17-05271) on June 16, 2017.
Matthew Franklin Klein, vice-president of operations, signed the
petition.  

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

Judge Caryl E. Delano presides over the case.


NOVO INTEGRATED: Insufficient Cash Flow Casts Going Concern Doubt
-----------------------------------------------------------------
Novo Integrated Sciences, Inc., filed its quarterly report on Form
10-Q, disclosing a net loss of $357,964 on $2.09 million of
revenues for the three months ended May 31, 2017, compared with a
net loss of $68,378 on $1.89 million of revenues for the same
period in 2016.  

For the nine months ended May 31, 2017, the Company listed a net
loss of $457,745 on $5.74 million of revenues, compared to a net
loss of $263,918 on $5.34 million of revenues for the same period
in the prior year.

The Company's balance sheet at May 31, 2017, showed $5.39 million
in total assets, $9.94 million in total liabilities, and a
stockholders' deficit of $4.55 million.

The Company has sustained net losses for the nine months ended May
31, 2017 and for the years ended August 31, 2016 and 2015.  The
Company's ability to continue as a going concern for the next
twelve months is dependent upon its ability to generate sufficient
cash flows from operations to meet its obligations, which it has
not been able to accomplish to date, and its ability to obtain
additional capital financing from investors.  These factors, among
others, raise substantial doubt about the ability of the Company to
continue as a going concern for a reasonable period of time.

The Company has raised equity capital to fund expenditures until
the Company's operations can generate sufficient cash flows to
sustain operations.  No assurance can be made that these efforts of
raising equity capital will be successful and sustain the Company
until it can generate positive cash flows from operations.

A copy of the Form 10-Q is available at:

                        http://bit.ly/2eXkI4F

Headquartered in Bellevue, Wash., Novo Integrated Sciences, Inc.,
formerly Turbine Truck Engines, Inc., is a clean-air technology
company.  The Company operates through Novo Healthnet Limited
(Nova). Novo Healthnet Limited provides treatment solutions for
patients, as well as Assessment and diagnostic services.  Novo owns
a 100% interest in Novo Assessments, Inc., Novo Healthnet Rehab
Limited, Novo Peak Health, Inc. and an 80% interest in Novo
Healthnet Kemptville Centre, Inc.  Nova's services include
Physiotherapy, Chiropractic Services, Massage Therapy, Chiropody,
Kinesiology, Acupuncture, Therapeutic Laser, Edercare, NeuroGym and
Stroke Rehabilitation.


OCEAN RIG: Scheme Meetings Scheduled for August 11
--------------------------------------------------
Ocean Rig UDW Inc. ("Ocean Rig" or "UDW" or the "Company") an
international contractor of offshore deepwater drilling services,
wishes to remind Scheme Creditors of the need to submit certain
documentation to the Information Agent in order to attend and vote
at Scheme Meetings.

As announced by the Company on July 21, 2017, meetings of Scheme
Creditors are to be held on August 11, 2017 (starting at 10:00 a.m.
(Cayman Islands time)) for the purpose of considering, and, if
thought fit, approving, a scheme of arrangement in respect of each
of Drillships Financing Holding Inc. ("DFH"), Ocean Rig UDW Inc.
("UDW"), Drill Rigs Holdings Inc. ("DRH") and Drillships Ocean
Ventures Inc. ("DOV") (each in provisional liquidation) (together
the "Schemes").

Submission of documents to the Information Agent
Irrespective of whether a Scheme Creditor intends to attend a
Scheme Meeting, each Scheme Creditor:

(a) with a beneficial interest as principal in the 2017 Notes
(being the 6.5 per cent senior secured notes due October 1, 2017,
issued by DRH pursuant to an indenture dated September 20, 2012)
and/or 2019 Notes (being the 7.25 per cent senior unsecured notes
due April 30, 2019, issued by UDW pursuant to an indenture dated
March 26, 2014) is requested to liaise with its Account Holder to
ensure that a validly completed Account Holder Letter is submitted
on its behalf, in accordance with the instructions contained
therein together with a completed Confirmation Form; and/or

(b) who is a lender of record under the DFH Credit Facility (being
the US$1.9 billion credit agreement dated July 13, 2013, under
which DFH and Drillships Projects Inc. are borrowers) and/or the
DOV Credit Facility (being the US$1.3 billion credit agreement
dated July 25, 2014, under which DOV and Drillships Ventures
Projects Inc. are borrowers) should validly complete a Lender Claim
Letter and submit it in accordance with the instructions contained
therein together with a completed Confirmation Form.

All documents should be submitted to the Information Agent as soon
as possible and in any event before the Submissions Deadline (being
5:00 p.m. (Cayman Islands time) on August 9, 2017).

Acceptance of an Account Holder Letter by the Information Agent for
the purposes of voting on the UDW Scheme and/or the DRH Scheme with
respect to Scheme Creditors with a beneficial interest as principal
in the 2017 Notes or 2019 Notes (as applicable) is also subject to
the receipt by the Information Agent of the relevant Scheme
Creditor's Custody Instructions prior to the Submission Deadline.

All Scheme Creditors are encouraged to complete the relevant
documentation in order to exercise voting rights at the Scheme
Meetings.

A telephone dial-in facility will be made available for those
Scheme Creditors who have submitted a validly completed Account
Holder Letter and/or Lender Claim Letter to the Information Agent
prior to the Submission Deadline.  This facility will allow Scheme
Creditors to listen to the Scheme Meetings relevant to them and ask
questions.  Scheme Creditors will not be able to vote or revoke any
vote indicated in their Account Holder Letter and/or Lender Claim
Letter using the facility.  Scheme Creditors may request telephone
dial-in details from the Information Agent up to the Submission
Deadline.

Copies of the Explanatory Statement
Any person entitled to attend the Scheme Meetings can obtain a copy
of the relevant Scheme(s), together with the relevant form of proxy
and an explanatory statement explaining the effect of the Schemes
(the "Explanatory Statement") on request to the Information Agent
by calling +1 855-631-5346 (toll-free US and Canada) or +1
917-460-0913 (International) or by email to
oceanrigteam@primeclerk.com, or on request to the Joint Provisional
Liquidators by calling +44 20 7098 7400 or +1 345 946 0081 or by
email to Oceanrig@alixpartners.com or Oceanrig@kaloadvisors.com.

A copy of the Explanatory Statement, which contains the Schemes,
together with the relevant voting forms has been made available to
the Scheme Creditors through the Information Agent website at
https://cases.primeclerk.com/oceanrig.

                     About Ocean Rig UDW Inc.

Ocean Rig. (NASDAQ: ORIG)  -- http://www.ocean-rig.com/-- is an
international offshore drilling contractor providing oilfield
services for offshore oil and gas exploration, development and
production drilling, and specializing in the ultra-deepwater and
harsh-environment segment of the offshore drilling industry.

On March 24, 2017, the Debtors filed winding up petitions with the
Cayman Court and issued summonses for the appointment of joint
provisional liquidators for the purpose of the Restructuring.  By
orders of the Cayman Court dated March 27, 2017, Simon Appell and
Eleanor Fisher were appointed as the JPLs and duly authorized
foreign representatives, and the Cayman Provisional Liquidation
Proceedings were commenced.

Simon Appell and Eleanor Fisher of AlixPartners, LLP, in their
capacities, as the joint provisional liquidators and authorized
foreign representatives, filed for Chapter 15 protection for Ocean
Rig and its affiliates (Bankr. S.D.N.Y. Lead Case No. 17-10736) to
seek recognition of the Cayman proceedings.

The JPLs' U.S. counsel are Evan C. Hollander, Esq., and Raniero
D'Aversa Jr., Esq., at Orrick, Herrington & Sutcliffe LLP, in New
York.


OL FRESH LLC: Allowed to Use People's United Bank Cash Collateral
-----------------------------------------------------------------
Judge Joan N. Feeney of the U.S. Bankruptcy Court for the District
of Massachusetts has authorized OL Fresh, LLC, to utilize the cash
collateral of People's United Bank on an interim basis until the
continued hearing scheduled for September 19, 2017 at 10:00 a.m.

Accordingly, the Debtor is directed to submit, prior to the
continued hearing, a three month budget projection demonstrating
how the cash collateral will be utilized and a comparison of the
previously submitted budget to the Debtor's actual use of cash
collateral through September 19.

People's United Bank is granted a replacement lien in and to all
property of the kind presently securing the Debtor's obligations to
People's United Bank, but only to the extent of the validity,
perfection, priority, sufficiency and enforceability of People's
United Bank's prepetition security interests and not more than any
postpetition diminution of the value of People's United Bank's
interest in such property.

In addition, the Debtor will pay People's United Bank $1,355
commencing on August 10, 2017, however, People's United Bank will
not apply such payment to interest or principal pending Order of
the Court.

Moreover, the Debtor will continue to insure all its assets, naming
People's United Bank as loss payee consistent with any prepetition
practice.  The Debtor will not diminish the position of People's
United Bank and will maintain all assets consistent with its
prepetition practice.  The Debtor will also supply People's United
Bank with all of the operating statements filed with the U.S.
Trustee and such other financial information as reasonably
requested by People's United Bank.

A full-text copy of the Order, dated July 25, 2017, is available at
https://is.gd/VrW04n

                          About OL Fresh

OL Fresh, LLC, filed a Chapter 11 petition (Bankr. D. Mass. Case
No. 17-10994) on March 23, 2017.  The petition was signed by James
W. Amatucci, managing member.  At the time of filing, the Debtor
disclosed $30,400 in total assets and $298,003 in total
liabilities.  The case is assigned to Judge Joan N. Feeney.  The
Debtor is represented by Timothy M. Mauser, Esq.  


OLLIE WILLIAM FAISON: Objection to SummitBridge's Claim Allowed
---------------------------------------------------------------
Judge Stephani W. Humrickhouse of the U.S. Bankruptcy Court for the
Eastern District of North Carolina allowed Debtor Ollie Williamson
Faison' objection to SummitBridge National Investments III, LLC's
proof of claim in the amount of $302,596.19.

Section 506(b) of the Bankruptcy Code provides to oversecured
creditors like SummitBridge the right to seek reimbursement for
"reasonable fees, costs, or charges provided for under the
agreement or State statute under which such claim arose." Whether
the attorneys' fees are recoverable under section 506(b) is based
on an interpretation of applicable state law. Under North Carolina
state law, reasonable attorneys' fees incurred in connection with
the collection of a debt may be recovered when the note provides
for such recovery.

The debtor and SummitBridge have differing interpretations of
precisely which bankruptcy statutes apply here, as well as how
federal bankruptcy law intersects with the North Carolina statute.
Leaving aside for the moment the question of the extent to which
the debtor's delivery of the deed could constitute payment within
the meaning of N.C.G.S. section 6-21.2(5), the court turns first to
the applicability of sections 506 and 502. The debtor contends that
SummitBridge already has "received what was permitted under Section
506(b) pursuant to the Plan, and the Bankruptcy Code does not
provide for allowance of an unsecured claim for post-petition
attorneys' fees or costs." SummitBridge argues that the Bankruptcy
Code says "nothing whatsoever" about the allowance or disallowance
of attorneys' fees on unsecured or undersecured claims, and that
"the conclusion that unsecured (and undersecured") creditors are
entitled to allowed claims for post-petition attorneys' fees is
inescapable."

The court acknowledges that there are conflicting views expressed
by decisions within this district, and divergent views expressed by
courts elsewhere. And, while the position taken herein is
consistent with what appears to still be the majority consensus
among courts to address the question, this court acknowledges
further that SummitBridge's interpretation is a viable one, given
the recent circuit court opinions cited above. A thoughtful and
thorough discussion of the current split is set out in In re Auge,
wherein the court canvassed the main points advanced by both sides
before concluding, like this court, that section 506(b) "allows
only oversecured creditors to add `reasonable fees, costs, or
charges provided for under the agreement or State statute under
which such claim arose.'" The Fourth Circuit has not specifically
addressed the question.

Ultimately, Judge Humrickhouse is not persuaded that it should
deviate from its prior holdings on this issue and concludes that
SummitBridge's position fails to fully credit the plain language of
section 506(b), which unquestionably applies to it. There is no
viable reading of section 506(b) that could render that statute
"inapplicable" here, nor is there a plausible basis upon which to
consider it redundant, which is what SummitBridge's interpretation
would do. SummitBridge hopes to take an alternative path by
pursuing an unsecured claim for post-petition attorneys' fees on
the premise that these fees are independent of and separate from
its secured claim, but that effort would run afoul of both the
plain language of the statute and the policy behind it.

For the reasons set forth above, the debtor's objection to
SummitBridge's unsecured claim for post-petition attorneys' fees is
allowed. Having disposed of the issue on the basis of section 506,
it is not necessary for the court to evaluate whether return of the
collateral satisfies the state statutory notice requirements.
SummitBridge may recover its post-petition attorneys' fees as
provided for in the Plan and to the extent of the value of the
collateral.

The bankruptcy case is IN RE: OLLIE WILLIAM FAISON, Debtor, Case
No. 14-00073-5-swh (Bank. E.D.N.C.).

A full-text copy of Judge Humrickhouse's Order is available at
https://is.gd/cUwXKl from Leagle.com.

Ollie William Faison, Debtor, represented by John A. Northen --
jan@nbfirm.com -- Northen Blue, LLP & Vicki L. Parrott --
vlp@nbfirm.com --  Northen Blue, LLP.


OSSO LLC: U.S. Trustee Unable to Appoint Committee
--------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of OSSO,LLC as of July 26,
according to a court docket.

                     About OSSO, LLC

OSSO, LLC filed a Chapter 11 bankruptcy petition (Bankr. D.Ariz.
Case No. 17-06737) on June 14, 2017. Eric Slocum Sparks, Esq., at
Law Offices of Eric Slocum Sparks, P.C. serves as bankruptcy
counsel.

The Debtor's assets and liabilities are both below $1 million.


OYO SPORTSTOYS: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Oyo Sportstoys, Inc.
        108 Forest Avenue
        Hudson, MA 01749

Type of Business: OYO Sports -- http://www.oyosportstoys.com/--  
                  is a fan engagement company in the sports
                  consumer marketplace, targeting the youth, fan
                  and collector markets with both physical and
                  digital toy products.  OYO Sports creates
                  buildable mini-figures that are designed as the
                  replica of athletes, with facial and uniform
                  representation of their real life counterparts
                  of major professional sports teams such as Major

                  League Baseball, National Football League,
                  National Basketball Association and over 60
                  major colleges and universities and more.  Each
                  OYO Sports minifigure comes with his own stand
                  and unique DNA number, as well as rotating arms,

                  bending knees, and the ability to hold a bat,
                  stick, glove and ball.  OYO Sports is privately
                  held and is located in Hudson, Massachusetts.  
                  All products are designed in Massachusetts and
                  built with pride in America from U.S. and
                  globally-sourced parts.  The Company is an
                  affiliate of Oyotoyo, Inc., that sought
                  bankruptcy protection on July 11, 2017 (Bankr.
                  D. Mass. Case No. 17-41261).

Chapter 11 Petition Date: July 30, 2017

Case No.: 17-41394

Court: United States Bankruptcy Court
       District of Massachusetts (Worcester)

Judge: Hon. Elizabeth D. Katz

Debtor's Counsel: Jeffrey D. Sternklar, Esq.
                  JEFFREY D. STERNKLAR LLC
                  26th Floor
                  225 Franklin Street
                  Boston, MA 02110
                  Tel: 6177335171
                  Fax: 6175076530
                  E-mail: jeffrey@sternklarlaw.com

Debtor's
Financial
Advisor:          KCP ADVISORY SERVICES LLP

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Thomas Skripps, president.

The Debtor's list of 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/mab17-41394.pdf


OYOTOYO INC: Taps Rosenberg & Weinberg as Legal Counsel
-------------------------------------------------------
Oyotoyo, Inc. seeks approval from the U.S. Bankruptcy Court for the
District of Massachusetts to employ legal counsel.

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

The firm has agreed to handle the Debtor's case in return for a
retainer of $10,000, plus $1,717 for the filing fee.

Herbert Weinberg, Esq., disclosed in a court filing that he and
other members of the firm are "disinterested" as defined in section
101(14) of the Bankruptcy Code.

The firm can be reached through:

     Herbert Weinberg, Esq.
     Rosenberg & Weinberg
     805 Turnpike St., Suite. 201
     North Andover, MA 01845
     Tel: (978) 683-2479
     Fax: 978-682-3041
     Email: hweinberg@jrhwlaw.com

                       About Oyotoyo Inc.

Oyotoyo, Inc., a retailer based in Hudson, Massachusetts, sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Mass.
Case No. 17-41261) on July 11, 2017.  Thomas Skripps, president,
signed the petition.  

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

Judge Elizabeth D. Katz presides over the case.


PAUL LEITNER-WISE: Stay Does Not Bar Barker to Compel Appearance
----------------------------------------------------------------
Judge S. Martin Teel, Jr., for the U.S. Bankruptcy Court for the
District of Columbia issued a Memorandum Decision and Order denying
the motion filed by Paul Andrew Leitner-Wise asking the Court to
hold Samuel Keith Barker, attorney for Beam Distributing, Inc., and
the Henrico Circuit Court in contempt for violating the automatic
stay when they compelled him to appear in the Circuit Court to show
cause why he should not be held in contempt for not appearing in
his civil proceedings.

On March 20, 2015, Mr. Barker brought suit on behalf of Beam
Distributing, Inc. against the Debtor and others in Henrico Circuit
Court. Shortly thereafter, on April 20, 2015, the Debtor commenced
a bankruptcy case in the Eastern District of Virginia, which was
dismissed on July 9, 2015. On that same day, Mr. Barker moved for
default against the Debtor and co-defendants. The Circuit Court
found the debtor and co-defendants in default on July 24, 2015, and
entered a default judgment on August 11, 2015.

As such, on November 3, 2016, the Henrico Circuit Court ordered the
Debtor to appear before the court on January 6, 2017, but the
Debtor was not served until November 15, 2016.

The Debtor filed again for bankruptcy in the Eastern District of
Virginia on November 7, 2016 but it was dismissed on December 13,
2016. The Debtor then filed a motion to vacate the order of
dismissal which was denied by the Bankruptcy Court for the Eastern
District of Virginia on January 23, 2017.

The Debtor failed to appear in the Henrico Circuit Court on January
6, 2017, and was ordered again to appear on February 24, 2017, to
show cause why he should not be held in contempt for failing to
appear at the January 6, 2017, hearing. The Debtor was never served
that order, and again, the Debtor failed to appear on February 24,
2017, and was arrested on March 21, 2017, on a capias and released
on bond.

Subsequently, on May 4, 2017, the Debtor filed another bankruptcy
case in the U.S. Bankruptcy Court for the District of Columbia. He
then informed Mr. Barker and the Henrico Circuit Court of his
pending bankruptcy case the following day.

Once again, the Henrico Circuit Court ordered the Debtor to appear
on July 6, 2017, to show cause why he should not be held in
contempt for failing to appear in his civil proceedings. The Debtor
e-mailed Mr. Barker and demanded that he withdraw the proceeding,
which email Mr. Barker did not respond to the debtor. Consequently,
the Debtor filed the instant motion to hold Mr. Barker and the
Henrico Circuit Court in contempt for violating the automatic stay
in this case by requiring his appearance on July 6, 2017, in
proceedings to execute on a judgment.

The Court finds that the Debtor has failed to show that either Mr.
Barker or the Henrico Circuit Court took any action against him
while he was protected by the automatic stay in this case because
the Debtor is not currently protected by an automatic stay.

The Court mentions that under 11 U.S.C. Section 362(c)(3), the
automatic stay lasts 30 days for any debtor who had a pending
bankruptcy case one year prior to filing the current case unless
the debtor timely moves the court to continue the automatic stay.
The Court notes that the Debtor had a pending case as recently as
December 12, 2016, easily within one year of the filing of his
current case on May 4, 2017. Further, the Court also notes that the
Debtor has not filed any motion to extend the automatic stay in his
current pending case. Therefore, the Court says that the automatic
stay expired on June 3, 2017 -- 30 days after the Debtor filed this
instant case.

The Court explains that the July 6, 2017 hearing fell beyond the
30-day automatic stay period, and thus, no stay was in place to bar
the Henrico Circuit Court from requiring the Debtor's appearance
before it on July 6, 2017, to show cause why he should not be held
in contempt for failing to appear at hearings held before the
filing of this case, hearings that also took place when no stay in
the prior bankruptcy case was in place.

Additionally, the Court states that the automatic stay in this case
did not apply to bar Mr. Barker from seeking to compel the Debtor's
appearance before the Henrico Circuit Court.

A full-text copy of the Memorandum Decision and Order dated July
24, 2017, is available at https://is.gd/26VLfa from Leagle.com.

                    About Paul Leitner-Wise

Paul Andrew Leitner-Wise filed a Chapter 11 petition (Bankr. D.D.C.
Case No. 17-00266), on May 4, 2017. The Petition was filed Pro Se.


PHOENIX SERVICES: S&P Affirms 'B' CCR & Alters Outlook to Negative
------------------------------------------------------------------
S&P Global Ratings affirmed its 'B' corporate credit rating on
Phoenix Services International LLC and revised its outlook to
negative from stable.

S&P said, "At the same time, we affirmed our 'B+' issue-level
rating on its subsidiary Metal Services LLC's term loan and
revolving credit facility. The recovery rating remains '2',
reflecting our expectation of substantial (70% to 90%; rounded
estimate: 80%) recovery in the event of a payment default.

"We could lower our ratings on Phoenix Services within the next 12
months if it does not take steps toward refinancing its term loan
due June 2019, since this represents the bulk (about 75%) of its
capital structure. The company's weighted average maturity will
also fall below two years within the next year, which we view as a
sign of increased refinancing risk. However, we recognize that
there are some mitigating factors to these refinancing risks, such
as Phoenix Services' history of successfully refinancing its debt
and recent improvements in the steel industry. Phoenix Services
provides certain steel mills in the steel industry with on-site
services, such as slag handling, metal recovery, slag sales, large
scrap preparation, and scrap handling. As a result, the company's
revenues are highly correlated to steel production and end-market
demand for steel.

"The negative outlook incorporates our view that we could consider
a downgrade in the next 12 months as the maturity of the company's
term loan due June 2019 approaches. At the same time, we expect
Phoenix Services to produce adjusted debt to EBITDA of about 5x and
EBITDA interest coverage of about 2x over the next 12 months.

"We could consider a downgrade within the next 12 months if Phoenix
Services does not take steps toward refinancing its term loan.
Alternatively, we could also consider a downgrade if Phoenix's
adjusted debt to EBITDA is trending toward 6x, which could lead to
a breach in covenants. This could occur if the company exclusively
debt-financed material new capital projects, paid a distribution to
its private equity owner, or a large customer filed for bankruptcy
protection that resulted in operational pressure or financial
weakness.

"We could revise the outlook to stable over the next 12 months if
Phoenix refinanced its term loan due June 2019 well in advance of
its maturity date and maintained adjusted debt to EBITDA of about
5x. Any potential upgrade would also be predicated on stable market
conditions and EBITDA margins relatively in line with recent
performance."


PHOTOMEDEX INC: Common Stock Trades on OTCQB Under "PHMD" Symbol
----------------------------------------------------------------
PhotoMedex, Inc., received on July 24, 2017, written notice that
the Company's common stock had been up-listed and approved for
trading on OTCQB, the higher tier of the OTC Markets, under its
existing symbol "PHMD."

As noted in a Form 8-K, Current Events, filed on July 6, 2017, the
Company had received notice from The NASDAQ Stock Market LLC
indicating that, based upon the Company's non-compliance with
NASDAQ Listing Rule 5110, which requires an issuer to file an
initial listing application and satisfy the initial listing
criteria upon completion of a change of control transaction, the
NASDAQ Hearings Panel had determined to delist the Company's common
stock from NASDAQ and that trading of the Company's common stock
would be suspended on NASDAQ effective with the open of business on
July 7, 2017.  The Company has appealed that decision, has already
filed an initial listing application with NASDAQ, and is working to
evidence full compliance with the applicable NASDAQ Listing Rules
as soon as possible.

While awaiting that appeal, the Company's stock remains suspended
from trading on NASDAQ.  The stock had been eligible to trade
over-the-counter via the OTC Markets' "Pink" tier, but will now be
traded on the OTCQB.  The Securities and Exchange Commission
considers the OTCQB marketplace to be an "established public
market" for the purpose of determining the public market price of a
company's stock when registering securities for resale with the
SEC, and the majority of broker-dealers trade stocks on the OTCQB
marketplace.  Listing on the OTCQB generally provides that a
company maintain higher reporting standards and requirements and
imposes management certification and compliance requirements.  The
Company believes that trading its stock on the OTCQB will likely
enhance liquidity and shareholder value while its NASDAQ appeal is
pending.

                        About PhotoMedex

PhotoMedex, Inc., is a global health products and services company
providing integrated disease management and aesthetic solutions to
dermatologists, professional aestheticians, ophthalmologists,
optometrists, consumers and patients.  The Company provides
proprietary products and services that address skin conditions
including psoriasis, vitiligo, acne, actinic keratosis, photo
damage and unwanted hair, as well as fixed-site laser vision
correction services at our LasikPlus(R) vision centers.

As of March 31, 2017, Photomedex had $14.05 million in total
assets, $13.38 million in total liabilities and $677,000 in total
stockholders' equity.  

Photomedex reported a loss of $13.26 million for the year ended
Dec. 31, 2016, compared to a loss of $34.55 million for the year
ended Dec. 31, 2015.  

Fahn Kanne & Co. Grant Thornton Israel, in Tel-Aviv, Israel, issued
a "going concern" opinion on the consolidated financial statements
for the year ended Dec. 31, 2016, citing that as of Dec. 31, 2016,
the Company had an accumulated deficit of $115.6 million and
shareholders' deficit of $1.408 million.  Also, during the most
recent periods the Company has incurred losses and negative cash
flows from continuing operations and was forced to sell certain
assets and business units to obtain additional liquidity resources
to support its operations.  In addition, on Jan. 23, 2017, the
Company completed the sale of its consumer products division which
represented the sale of substantially all of the remaining
operations and assets of the Company.  These conditions, along with
other matters, raise substantial doubt about the Company's ability
to continue as a going concern.


PILGRIM MEDICAL: Campanella Sale of Sea Girt Property for $1.8M OKd
-------------------------------------------------------------------
Judge Vincent F. Papalia of the U.S. Bankruptcy Court for the
District of New Jersey authorized Nicholas V. Campanella's sale of
real property located at 101 Beacon Boulevard, Sea Girt, New
Jersey, to Dexter A. Morse for $1,750,000.

A hearing on the Motion was held on Aug. 8, 2017, at 10:00 a.m.

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

Customary closing adjustments payable by the Debtor for municipal
charges or assessments may be satisfied from the proceeds of the
sale at closing.  The Motion included a request to pay the retained
realtor from sale proceeds.  Therefore, the realtor may be paid at
closing.

The net proceeds from the sale of the Property will be held in the
Debtor's Attorney's Trust Account pending confirmation of a chapter
11 reorganization plan or further order of the Court.

The 14-day period pursuant to Rule 6004(h) is waived by the Court.

                  About Pilgrim Medical Center

Pilgrim Medical Center, Inc., sought protection under Chapter 11
of
the Bankruptcy Code (Bankr. D.N.J. Case No. 16-15414) on March
22, 2016.  The petition was signed by Nicholas V. Campanella,
shareholder.  The case is assigned to Judge Stacey L. Meisel.  The
Debtor estimated under $50,000 in assets and debts of $1 million
to $10 million.


PIN OAK: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Pin Oak Properties, LLC, as of
July 27, according to a court docket.

                    About Pin Oak Properties

Pin Oak Properties, LLC, operates the Middletown Mall located at
9429 W Mill Street, White Hall, Marion County, West Virginia.

Pin Oak Properties filed a Chapter 11 petition (Bankr. N.D. W.Va.
Case No. 17-00608) on June 7, 2017.  Dietrich Steve Fansler,
managing member and 100% owner, signed the petition.

The Hon. Patrick M. Flatley is the case judge.  

The Debtor has hired Gianola, Barnum, Bechtel & Jecklin, LC, in
Morgantown, West Virginia, as counsel; and Steven G. Williams,
CPA/ABV, as accountant.


PIONEER HEALTH: Wants Sept. 30 as Exclusive Plan Filing Deadline
----------------------------------------------------------------
Pioneer Health Services, Inc., and its debtor affiliates ask the
U.S. Bankruptcy Court for the Southern District of Mississippi to
extend the exclusivity period within which the Debtors can file
disclosure statement and plan of reorganization through and
including Sept. 30, 2017, with a concomitant extension to obtain
plan confirmation.

At this stage of the Debtors' Chapter 11 case, the Debtors have
sold: the Oneida, Tennessee hospital; the hospital in Stokes
County, North Carolina; the wholly-owned subsidiary Rural
Solutions, LLC; and the sale for the hospital in Monroe County,
Mississippi, has been approved by a bench opinion and a pending
sale for the hospital in Early County, Georgia.  Pioneer Health has
filed a motion to approve the bid procedures with respect to its
hospital in Patrick County, Virginia, and those negotiations and
discussions appear to have been revived so that the motion for Bid
Procedures can go forward.  Extensive negotiations and discussions
have been underway for some period of time with respect to the sale
of its Medicomp assets and the "PHS corporate" assets as well.

Pioneer Health has collected substantial sums of money from the
sales of hospitals and certainly its accounts receivable, and they
are invested in savings accounts under the control of counsel for
the Debtor-in-Possession.

However, sales of the remaining assets have not been approved by
the Court, much less consummated or closed, substantial executory
contracts and unexpired leases have not been assumed or rejected,
significant lien priority issues exist that have not yet been
determined and litigation regarding them has not yet been
initiated.  According to the Debtors, there are numerous other open
issues that are likely to be resolved in this liquidation of assets
setting in the relatively near future.

The Court has entered its order extending the so called challenge
period regarding many issues that exist as between and among the
Debtor, the Internal Revenue Service, Capital One National
Association and the Official Committee of Unsecured Creditors.
Pioneer Health is preparing extensive information, at the request
of the parties, as to various accounts receivable positions and
amounts at numerous times prior to the filing of the Petitions in
these cases.  That compilation will not be completed until mid to
late August, according to the Debtors.  Exit strategy negotiations
are underway and will continue throughout the month of August
between and among the Debtor, the Internal Revenue Service,
Capital One National Association, the Official Committee of
Unsecured Creditors and other constituents in these cases as the
parties are undergoing extensive efforts to reach a consensual exit
strategy and plan.

                  About Pioneer Health Services

Pioneer Health Services, Inc., and its debtor-affiliates, including
Medicomp Inc., filed Chapter 11 bankruptcy petitions (Bankr. S.D.
Miss. Lead Case No. 16-01119) on March 30, 2016.  Pioneer Health
Services of Early County, LLC, commenced a Chapter 11 case on April
8, 2016.  The cases are administratively consolidated.  Joseph S.
McNulty III, president, signed the petitions.

The Debtors provide healthcare services to rural communities, and
own and manage rural critical access hospitals.

Judge Hon. Neil P. Olack presides over the Debtors' cases.

The Law Offices of Craig M. Geno PLLC serves as the Debtors'
counsel.  Mintz Levin Cohn Ferris Glovsky and Popeo, P.C., is
acting as special counsel to the Debtor.

Pioneer Health Services estimated $10 million to $50 million in
assets and liabilities.

Henry Hobbs, Jr., acting U.S. trustee for Region 5, on April 19,
2017, appointed three creditors of Pioneer Health Services to serve
on the official committee of unsecured creditors.  The Committee
retained Arnall Golden Gregory LLP as counsel, and GlassRatner
Advisory & Capital Group LLC as financial advisor.


PORTABELLA'S INC: Taps Wildeman & Obrock as Accountant
------------------------------------------------------
Portabella's Inc. seeks approval from the U.S. Bankruptcy Court for
the Middle District of Pennsylvania to hire an accountant.

The Debtor proposes to hire Wildeman & Obrock to assist in the
preparation and filing of income tax returns and any bookkeeping
entries necessary to prepare those tax returns

The hourly rates charged by the firm for its services range from
$70 to $180.

John Obrock, a certified public accountant employed with Wildeman &
Obrock, disclosed in a court filing that he is a "disinterested
person" as defined in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     John A. Obrock
     515 South 29th Street
     Harrisburg, PA 17104-2104
     Main Number (717) 561-0820
     Fax (717) 561-0826

                    About Portabella's, Inc
                 
Portabella's, Inc. owns a restaurant located at 2495 E. Harrisburg
Pike Middletown, Pennsylvania.  It is a small business debtor as
defined in 11 U.S.C. Section 101(51D).

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. M.D. Pa. Case No. 17-02370) on June 6, 2017.  The
petition was signed by Justin L. Nicholson, president.  At the time
of the filing, the Debtor estimated its assets and liabilities at
$1 million to $10 million.

The case is assigned to Judge Henry W. Van Eck.  Lawrence G. Frank,
Esq. at Law Office of Lawrence G. Frank represents the Debtor.  

The Debtor previously sought bankruptcy protection on Feb. 10,
2014 (Bankr. M.D. Pa. Case No. 14-00542).


PRECISE CORPORATE: Asks for Hearing on Cash Collateral Use
----------------------------------------------------------
Precise Corporate Staging LLC, Dedicated Staging, LLC, and DavMar
Investments, LLC, ask the U.S. Bankruptcy Court for the District of
Arizona for a hearing to their request to use the cash collateral.

The Debtors tell the Court that numerous times over the past month
undersigned counsel has attempted to engage Western State Bank to
request and negotiate an extension of cash collateral, but has been
unable to do so.  The Debtors say that their counsel has placed
phone calls and sent emails, which have mostly gone unanswered, and
now the counsel believes they have exhausted all means to initiate
a discussion regarding cash collateral other than filing the
emergency motion.

The Debtors informed the Court that they used cash collateral to
pay their electricity bill because they had received notification
that it would be shut off.  The Debtors said they did so because
they believe they had a fiduciary duty to safeguard the assets, as
best they could, and without air conditioning the equipment risked
being harmed.  They added that they also need money to pay for the
alarm system and other necessities during the final months of the
Chapter 11 cases.

A copy of the Debtors' Motion is available at:

           http://bankrupt.com/misc/azb16-14281-247.pdf

As reported by the Troubled Company Reporter on Jan. 6, 2017, the
Debtors sought court authorization to use the cash collateral of
Western State Bank and JPMorgan Chase Bank, N.A., saying that they
needed immediate use of the cash collateral to fund their
day-to-day operations and ultimately achieve a successful
reorganization.  The Debtors contended that without the use of cash
collateral, they would be forced to terminate their employees and
close their business.  The Debtors said that they had no present
alternative borrowing source from which they can secure additional
funding to operate their business.

                     About Precise Corporate

Precise Corporate Staging LLC, Dedicated Staging, LLC, and DavMar
Investments, LLC, collectively own and manage an audio/visual
staging business that coordinates and provides lighting, audio, and
visual for conferences, concerts, and similar events in Arizona and
across the United States.

Precise Corporate Staging, et al., filed voluntary petitions for
relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Ariz.
Case Nos. 16-14281, 16-14283, and 16-14284) on Dec. 20, 2016.  The
cases are jointly administered.

Precise Corporate's petition was signed by its managing member,
Marla Stern.  At the time of filing, Precise Corporate estimated
assets of less than $100,000 and liabilities of $1 million to $10
million.

The Debtors tapped John C. Smith, Esq., at Smith & Smith Law
Offices, PLLC, as counsel.

No trustee or examiner has been appointed in the Debtors' cases.


PROMETHEUS & ATLAS: Taps David J. Merrill as Special Counsel
------------------------------------------------------------
Prometheus & Atlas Real Estate Development, LLC seeks approval from
the U.S. Bankruptcy Court in Nevada to hire David J. Merrill P.C.

The firm will serve as special counsel for general corporate and
business matters in the Debtor's bankruptcy case.  It will also
represent the Debtor in certain civil cases.

Merrill will charge an hourly fee of $450 for its services.  The
firm received an initial retainer of $25,000.

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

Merrill can be reached through:

     David J. Merrill, Esq.
     David J. Merrill P.C.
     Phone: +1 (702) 566-1935

                  About Prometheus & Atlas Real
                        Estate Development

Based in Las Vegas, Nevada, Prometheus & Atlas Real Estate
Development, LLC owns and manages a real estate development
company.  

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Nev. Case No. 17-12699) on May 19, 2017.  James
Kalhorn, managing member, signed the petition.  At the time of the
filing, the Debtor disclosed $2.6 million in assets and $1.75
million in liabilities.

Ghandi Deeter Blackham is the Debtor's bankruptcy counsel.


PUERTO RICO: ERS Bondholders Sue Over Joint Resolution 188
----------------------------------------------------------
Owners of secured bonds issued by the Employees Retirement System
of the Government of the Commonwealth of Puerto Rico (the "ERS")
commenced in the U.S. District of Puerto Rico an adversary
proceeding seeking a determination that they remain secured
creditors of the ERS and/or the Commonwealth notwithstanding Joint
Resolution 188, or, in the alternative, a declaration that the
diversion of their collateral violated several provisions of the
United States and Puerto Rico Constitutions.

Plaintiffs are owners of secured bonds issued by the Employees
Retirement System of the Government of the Commonwealth of Puerto
Rico (the "ERS") in 2008. The proceeds of these bonds (the "ERS
Bonds" or the "Bonds") were used to pay benefits to retirees and to
reduce the ERS's unfunded accrued actuarial liabilities. The ERS
Bonds were granted collateral that included, among other things,
all employer contributions from Puerto Rico government employers
(including municipal employers, public corporations and the central
government of Puerto Rico) and the ERS's legal right to receive
those contributions.  

The collateral pledged to support the ERS Bonds was sufficient to
service the interest on the Bonds for the life of the bond issue
and to repay the principal amount of the Bonds in full at maturity.
Indeed, just months ago, in prior litigation, the ERS, the
Commonwealth, and the Financial Oversight and Management Board of
the Commonwealth of Puerto Rico asserted that the Bonds are
oversecured.

"In June 2017, the Puerto Rico legislature passed, and the
Oversight Board adopted, Joint Resolution 188.  Joint Resolution
188 requires the ERS to liquidate its assets for distribution to
the Commonwealth General Fund, and directs participating employers
to make future employer contributions to the Commonwealth General
Fund, rather than the ERS.   Although the ostensible purpose of
Joint Resolution 188 was to address the pension system's lack of
liquidity, this could have been accomplished more directly by
simply increasing employer contributions to the ERS within the
existing statutory framework.  The purpose and effect of Joint
Resolution 188 was to strip the ERS of its assets and to divert the
ERS's employer contributions away from the reach of plaintiffs, all
of which was pursued with the purpose of evading the ERS's
obligations to plaintiffs," John K. Cunningham, Esq., at White &
Case LLP, tells the Court.

                    Joint Resolution 188

The Puerto Rico legislature passed Joint Resolution 188 on June 25,
2017, and the Oversight Board adopted it on behalf of the Governor
on June 30, 2017.  Joint Resolution 188 was approved by the Puerto
Rico legislature pursuant to the fiscal plan approved and certified
by the Oversight Board.

Mr. Cunningham notes that the ostensible purpose of Joint
Resolution 188 was to address the pension system's lack of
liquidity and insolvency and the need for increased funding to pay
benefits owed by the ERS to retirees. According to Mr. Cunningham,
this could have been accomplished, however, simply by increasing
employer contributions to the ERS within the existing statutory
scheme.  Nevertheless, the Oversight Board required the
Commonwealth to draft Joint Resolution 188 to bypass the ERS
entirely and instead require employers to make increased employer
contributions directly to the Commonwealth General Fund.  The
actual purpose and purported effect of Joint Resolution 188, then,
was to confiscate plaintiffs' constitutionally-protected property
interests in Pledged Property.

In addition, Mr. Cunningham relates that Joint Resolution 188
ordered the ERS to sell its assets and to transfer the net cash
proceeds, in addition to any available funds, into the Puerto Rico
Treasury Secretary's account as part of the General Fund for fiscal
year 2017-2018 to make benefit payments to pensioners.

Joint Resolution 188 also provides in relevant part that:

   a. the Commonwealth would assume any payments that Puerto Rico's
retirement systems, including the ERS, could not make;

   b. the ERS would continue to meet its obligations to
beneficiaries and pensioners by contributing its available funds
and any funds arising from its asset sales to the Commonwealth's
General Fund;

   c. the Commonwealth, its public corporations, and its
municipalities would stop making employer contributions to the
ERS;

   d. AAFAF would establish procedures so that the Commonwealth,
its public corporations, and its municipalities would make employer
contributions to the Commonwealth.

No consideration was provided to the ERS or the ERS Bondholders in
exchange for the collateral transferred to the Commonwealth's
General Fund.

                           Lawsuit

In the adversary proceeding, plaintiffs seek a determination that
they remain secured creditors of the ERS and/or the Commonwealth
notwithstanding Joint Resolution 188, or, in the alternative, a
declaration that the diversion of plaintiffs' collateral violated
several provisions of the United States and Puerto Rico
Constitutions. In particular, because the enactment of Joint
Resolution 188 violated the ERS Title III automatic stay, it was
void ab initio. But even if Joint Resolution 188 was not void ab
initio, the Puerto Rico Uniform Commercial Code provides that a
lien follows collateral transferred without the consent of the
secured creditor, and thus continues in any property received by
the Commonwealth pursuant to Joint Resolution 188.  For these
reasons, plaintiffs remain secured creditors of the ERS and/or the
Commonwealth notwithstanding Joint Resolution 188.

In the alternative, if Joint Resolution 188 was effective in
stripping the ERS of its assets and diverting the ERS's employer
contributions away from the reach of plaintiffs without
compensation, such actions violated the Takings and Contracts
Clauses of the United States and Puerto Rico Constitutions. As a
result of defendants' actions, plaintiffs are entitled to, among
other things, a claim for just compensation that cannot be impaired
in any Title III plan of adjustment or order confirming a Title III
plan of adjustment.  And because plaintiffs were
oversecured at all relevant times, this unimpairable claim equals
the full principal amount of the ERS Bonds, together with all
interest accrued to the date of payment.

A copy of the Complaint is available at:

   http://bankrupt.com/misc/PR_767_Suit_ERS_Holders.pdf

                  Plaintiffs and their Attorneys

Counsel for Plaintiffs Altair Global Credit Opportunities Fund (A),
LLC, Andalusian Global Designated Activity Company, Glendon
Opportunities Fund, L.P., Mason Capital Management, LLC, Nokota
Capital Master Fund, L.P., Oaktree-Forrest Multi-Strategy, LLC
(Series B), Oaktree Opportunities Fund IX, L.P., Oaktree
Opportunities Fund IX (Parallel 2), L.P., Oaktree Value
Opportunities Fund, L.P., Ocher Rose, L.L.C., and SV Credit, L.P.:

         Alfredo Fernandez-Martinez
         DELGADO & FERNANDEZ, LLC
         PO Box 11750
         Fernandez Juncos Station
         San Juan, Puerto Rico 00910-1750
         Tel. (787) 274-1414
         Fax: (787) 764-8241
         E-mail: afernandez@delgadofernandez.com

              - and -

         Bruce Bennett
         JONES DAY
         555 South Flower Street
         Fiftieth Floor
         Los Angeles, California 90071
         Tel. (213) 489-3939
         Fax: (213) 243-2539
         E-mail: bbennett@jonesday.com

              - and -

         Benjamin Rosenblum
         JONES DAY
         250 Vesey Street
         New York, NY 10281
         Tel: (212) 326-3939
         Fax: (212) 755-7306
         E-mail: brosenblum@jonesday.com

              - and -

         Geoffrey S. Stewart
         Beth Heifetz
         Christopher J. DiPompeo
         Sparkle L. Sooknanan
         JONES DAY
         51 Louisiana Ave. N.W.
         Washington, DC 20001
         Tel: (202) 879-3939
         Fax: (202) 626-1700
         E-mail: gstewart@jonesday.com
                 bheifetz@jonesday.com
                 cdipompeo@jonesday.com
                 ssooknanan@jonesday.com

Counsel for Puerto Rico AAA Portfolio Bond Fund, Inc., Puerto Rico
AAA Portfolio Bond Fund II, Inc., Puerto Rico AAA Portfolio Target
Maturity Fund, Inc., Puerto Rico Fixed Income Fund, Inc., Puerto
Rico Fixed Income Fund II, Inc., Puerto Rico Fixed Income Fund III,
Inc., Puerto Rico Fixed Income Fund IV, Inc., Puerto Rico Fixed
Income Fund V, Inc., Puerto Rico GNMA & U.S. Government
Target Maturity Fund, Inc., Puerto Rico Investors Bond Fund I,
Puerto Rico Investors Tax-Free Fund, Inc., Puerto Rico Investors
Tax-Free Fund, Inc. II, Puerto Rico Investors Tax-Free Fund III,
Inc., Puerto Rico Investors Tax-Free Fund IV, Inc., Puerto Rico
Investors Tax-Free Fund V, Inc., Puerto Rico Investors Tax-Free
Fund VI, Inc., Puerto Rico Mortgage-Backed & U.S. Government
Securities Fund, Inc., Tax-Free Puerto Rico Fund, Inc., Tax-Free
Puerto Rico Fund II, Inc., and Tax-Free Puerto Rico Target Maturity
Fund, Inc.

         Jose C. Sanchez-Castro
         Alicia I. Lavergne-Ramirez
         Maraliz Vázquez-Marrero
         LOPEZ SANCHEZ & PIRILLO LLC
         270 Munoz Rivera Avenue, Suite 1110
         San Juan, PR 00918
         Tel: (787) 522-6776
         Fax: (787) 522-6777
         E-mail: jsanchez@lsplawpr.com
                 alavergne@lsplawpr.com
                 mvazquez@lsplawpr.com

              - and -

          Glenn M. Kurtz
          John K. Cunningham
          WHITE & CASE LLP
          1221 Avenue of the Americas
          New York, NY 10036
          Tel: (212) 819-8200
          Fax: (212) 354-8113
          E-mail: gkurtz@whitecase.com
                  jcunningham@whitecase.com

              - and -

          Jason N. Zakia
          WHITE & CASE LLP
          200 S. Biscayne Blvd., Suite 4900
          Miami, FL 33131
          Tel: (305) 371-2700
          Fax: (305) 358-5744
          E-mail: jzakia@whitecase.com

                       About Puerto Rico

Puerto Rico is a self-governing commonwealth in association with
the United States that's facing a massive bond debt of $70
billion, a 68% debt-to-GDP ratio and negative economic growth in
nine of the last 10 years.

The Commonwealth of Puerto Rico has sought bankruptcy protection,
aiming to restructure its massive $74 billion debt-load and $49
billion in pension obligations.

The debt restructuring petition was filed by Puerto Rico's
financial oversight board in U.S. District Court in Puerto Rico
(Case No. 17-01578) on May 3, 2017, and was made under Title III
of 2016's U.S. Congressional rescue law known as the Puerto Rico
Oversight, Management, and Economic Stability Act ("PROMESA").

The Financial Oversight and Management Board later commenced Title
III cases for the Puerto Rico Sales Tax Financing Corporation
(COFINA) on May 5, 2017, and the Employees Retirement System (ERS)
and the Puerto Rico Highways and Transportation Authority (HTA) on
May 21.  On July 2, 2017, a Title III case was commenced for the
Puerto Rico Electric Power Authority ("PREPA").

U.S. Chief Justice John Roberts has appointed U.S. District Judge
Laura Taylor Swain to oversee the Title III cases.  The Honorable
Judith Dein, a United States Magistrate Judge for the District of
Massachusetts, has been designated to preside over matters that
may be referred to her by Judge Swain, including discovery
disputes, and management of other pretrial proceedings.

Joint administration of the Title III cases, under Lead Case No.
17-3283, was granted on June 29, 2017.

The Oversight Board has hired as advisors, Proskauer Rose LLP and
O'Neill & Borges LLC as legal counsel, McKinsey & Co. as strategic
consultant, Citigroup Global Markets as municipal investment
banker, and Ernst & Young, as financial advisor.

Martin J. Bienenstock, Esq., Scott K. Rutsky, Esq., and Philip M.
Abelson, Esq., of Proskauer Rose; and Hermann D. Bauer, Esq., at
O'Neill & Borges are onboard as attorneys.

McKinsey & Co. is the Board's strategic consultant, Ernst & Young
is the Board's financial advisor, and Citigroup Global Markets
Inc. is the Board's municipal investment banker.

Prime Clerk LLC is the claims and noticing agent.  Prime Clerk
maintains a case web site at:

           https://cases.primeclerk.com/puertorico

Epiq Bankruptcy Solutions LLC is the service agent for ERS, HTA,
and PREPA.

O'Melveny & Myers LLP is counsel to the Commonwealth's Puerto Rico
Fiscal Agency and Financial Advisory Authority (AAFAF), the agency
responsible for negotiations with bondholders.

The Oversight Board named Professor Nancy B. Rapoport as fee
examiner and to chair a committee to review professionals' fees.

                      Bondholders' Attorneys

Toro, Colon, Mullet, Rivera & Sifre, P.S.C. and Kramer Levin
Naftalis & Frankel LLP serve as counsel to the Mutual Fund Group,
comprised of mutual funds managed by Oppenheimer Funds, Inc.,
Franklin Advisers, Inc., and the First Puerto Rico Family of
Funds,
which collectively hold over $3.5 billion in COFINA Bonds and over
$2.9 billion in other bonds issued by Puerto Rico and other
instrumentalities, including over $1.8 billion of Puerto Rico
general obligation bonds ("GO Bonds").

White & Case LLP and Lopez Sanchez & Pirillo LLC represent the UBS
Family of Funds and the Puerto Rico Family of Funds, which hold
$613.3 million in COFINA bonds.

Paul, Weiss, Rifkind, Wharton & Garrison LLP, Robbins, Russell,
Englert, Orseck, Untereiner & Sauber LLP, and Jimenez, Graffam &
Lausell are co-counsel to the ad hoc group of General Obligation
Bondholders, comprised of Aurelius Capital Management, LP,
Autonomy Capital (Jersey) LP, FCO Advisors LP, Franklin Mutual
Advisers LLC, Monarch Alternative Capital LP, Senator Investment
Group LP, and Stone Lion Capital Partners L.P.

Quinn Emanuel Urquhart & Sullivan, LLP and Reichard & Escalera are
co-counsel to the ad hoc coalition of holders of senior bonds
issued by COFINA, comprised of at least 30 institutional holders,
including Canyon Capital Advisors LLC and Varde Investment
Partners, L.P.

Correa Acevedo & Abesada Law Offices, P.S.C., is counsel to Canyon
Capital Advisors, LLC, River Canyon Fund Management, LLC, Davidson
Kempner Capital Management LP, OZ Management, LP, and OZ
Management II LP (the QTCB Noteholder Group).

                            Committees

The U.S. Trustee formed a nine-member Official Committee of
Retirees and a seven-member Official Committee of Unsecured
Creditors of the Commonwealth.  The Retiree Committee tapped
Jenner & Block LLP and Bennazar, Garcia & Milian, C.S.P., as its
attorneys.   The Creditors Committee tapped Paul Hastings  LLP and
O'Neill & Gilmore LLC as counsel.


PUERTO RICO: ERS Bondholders Sue U.S. in Court of Federal Claims
----------------------------------------------------------------
Owners of secured bonds issued by the Employees Retirement System
of the Government of the Commonwealth of Puerto Rico (the "ERS") --
namely, Altair Global Credit Opportunities Fund (A), LLC,
Andalusian Global Designated Activity Company, Glendon
Opportunities Fund, L.P., Mason Capital Master Fund LP, Nokota
Capital Master Fund, L.P., Oaktree-Forrest Multi-Strategy, LLC
(Series B), Oaktree Opportunities Fund IX, L.P., Oaktree
Opportunities Fund IX (Parallel 2), L.P., Oaktree Value
Opportunities Fund, L.P., Ocher Rose, L.L.C., and SV Credit, L.P.
-- commenced an action against the United States in the in the
Court of Federal Claims, the Washington Tribunal that handles
claims against the federal government.

To recall, on May 21, 2017, the ERS commenced a proceeding under
Title III of the Puerto Rico Oversight, Management, and Economic
Stability Act.

On May 31, 2017, the ERS Secured Creditors filed a motion for
adequate protection and for relief from the automatic stay.

On June 28, 2017, the Court held a hearing on the Motion and
directed the parties to submit any stipulation by July 10, 2017, as
to any agreement to resolve the Motion. The parties later agreed to
extend that period to July 14, 2017.

Two days after the hearing, on June 30, 2017, the Financial
Oversight and Management Board for Puerto Rico -- which is a
federal entity for constitutional purposes pursuant to the analysis
of the United States Supreme Court in Lebron v. Nat’l R.R.
Passenger Corp., 513 U.S. 374 (1995) -- and the Commonwealth
enacted Joint Resolution 188, which transferred the ERS Secured
Creditors' collateral to the Commonwealth without compensation of
any kind.

This occurred while negotiations were underway to resolve the
Motion and during the pendency of the automatic stay.

On July 14, 2017, the parties entered into a stipulation resolving
the Motion, which the Court approved on July 17, 2017.  The
stipulation contemplated that the ERS Secured Creditors would
commence litigation to challenge Joint Resolution 188 and reserved
all rights with respect to this legislation.

As contemplated by the stipulation, on July 19, 2017, the ERS
Secured Creditors commenced an action in the Court of Federal
Claims against the United States to obtain just compensation for
the taking of property effected by Joint Resolution 188.

Under the Tucker Act, the Court of Federal Claims has exclusive
jurisdiction over such an action pursuant to 28 U.S.C. Sec.
1491(a)(1).

The ERS Secured Bondholders are represented by law firms Delgado &
Fernandez, LLC, and Jones Day.

                       About Puerto Rico

Puerto Rico is a self-governing commonwealth in association with
the United States that's facing a massive bond debt of $70
billion, a 68% debt-to-GDP ratio and negative economic growth in
nine of the last 10 years.

The Commonwealth of Puerto Rico has sought bankruptcy protection,
aiming to restructure its massive $74 billion debt-load and $49
billion in pension obligations.

The debt restructuring petition was filed by Puerto Rico's
financial oversight board in U.S. District Court in Puerto Rico
(Case No. 17-01578) on May 3, 2017, and was made under Title III
of 2016's U.S. Congressional rescue law known as the Puerto Rico
Oversight, Management, and Economic Stability Act ("PROMESA").

The Financial Oversight and Management Board later commenced Title
III cases for the Puerto Rico Sales Tax Financing Corporation
(COFINA) on May 5, 2017, and the Employees Retirement System (ERS)
and the Puerto Rico Highways and Transportation Authority (HTA) on
May 21.  On July 2, 2017, a Title III case was commenced for the
Puerto Rico Electric Power Authority ("PREPA").

U.S. Chief Justice John Roberts has appointed U.S. District Judge
Laura Taylor Swain to oversee the Title III cases.  The Honorable
Judith Dein, a United States Magistrate Judge for the District of
Massachusetts, has been designated to preside over matters that
may be referred to her by Judge Swain, including discovery
disputes, and management of other pretrial proceedings.

Joint administration of the Title III cases, under Lead Case No.
17-3283, was granted on June 29, 2017.

The Oversight Board has hired as advisors, Proskauer Rose LLP and
O'Neill & Borges LLC as legal counsel, McKinsey & Co. as strategic
consultant, Citigroup Global Markets as municipal investment
banker, and Ernst & Young, as financial advisor.

Martin J. Bienenstock, Esq., Scott K. Rutsky, Esq., and Philip M.
Abelson, Esq., of Proskauer Rose; and Hermann D. Bauer, Esq., at
O'Neill & Borges are onboard as attorneys.

McKinsey & Co. is the Board's strategic consultant, Ernst & Young
is the Board's financial advisor, and Citigroup Global Markets
Inc. is the Board's municipal investment banker.

Prime Clerk LLC is the claims and noticing agent.  Prime Clerk
maintains a case web site at:

           https://cases.primeclerk.com/puertorico

Epiq Bankruptcy Solutions LLC is the service agent for ERS, HTA,
and PREPA.

O'Melveny & Myers LLP is counsel to the Commonwealth's Puerto Rico
Fiscal Agency and Financial Advisory Authority (AAFAF), the agency
responsible for negotiations with bondholders.

The Oversight Board named Professor Nancy B. Rapoport as fee
examiner and to chair a committee to review professionals' fees.

                      Bondholders' Attorneys

Toro, Colon, Mullet, Rivera & Sifre, P.S.C. and Kramer Levin
Naftalis & Frankel LLP serve as counsel to the Mutual Fund Group,
comprised of mutual funds managed by Oppenheimer Funds, Inc.,
Franklin Advisers, Inc., and the First Puerto Rico Family of
Funds,
which collectively hold over $3.5 billion in COFINA Bonds and over
$2.9 billion in other bonds issued by Puerto Rico and other
instrumentalities, including over $1.8 billion of Puerto Rico
general obligation bonds ("GO Bonds").

White & Case LLP and Lopez Sanchez & Pirillo LLC represent the UBS
Family of Funds and the Puerto Rico Family of Funds, which hold
$613.3 million in COFINA bonds.

Paul, Weiss, Rifkind, Wharton & Garrison LLP, Robbins, Russell,
Englert, Orseck, Untereiner & Sauber LLP, and Jimenez, Graffam &
Lausell are co-counsel to the ad hoc group of General Obligation
Bondholders, comprised of Aurelius Capital Management, LP,
Autonomy Capital (Jersey) LP, FCO Advisors LP, Franklin Mutual
Advisers LLC, Monarch Alternative Capital LP, Senator Investment
Group LP, and Stone Lion Capital Partners L.P.

Quinn Emanuel Urquhart & Sullivan, LLP and Reichard & Escalera are
co-counsel to the ad hoc coalition of holders of senior bonds
issued by COFINA, comprised of at least 30 institutional holders,
including Canyon Capital Advisors LLC and Varde Investment
Partners, L.P.

Correa Acevedo & Abesada Law Offices, P.S.C., is counsel to Canyon
Capital Advisors, LLC, River Canyon Fund Management, LLC, Davidson
Kempner Capital Management LP, OZ Management, LP, and OZ
Management II LP (the QTCB Noteholder Group).

                            Committees

The U.S. Trustee formed a nine-member Official Committee of
Retirees and a seven-member Official Committee of Unsecured
Creditors of the Commonwealth.  The Retiree Committee tapped
Jenner & Block LLP and Bennazar, Garcia & Milian, C.S.P., as its
attorneys.   The Creditors Committee tapped Paul Hastings  LLP and
O'Neill & Gilmore LLC as counsel.


PUERTO RICO: GO Bondholders Seek Seat on Creditors Committee
------------------------------------------------------------
The Ad Hoc Group of General Obligation Bondholders (the "GO Group")
asks the U.S. District Court for the District of Puerto Rico to
enter an order (i) directing the United States Trustee to change
the membership of the Official Committee of Unsecured Creditors of
the Commonwealth of Puerto Rico, or (ii) in the alternative,
appointing an additional committee of Constitutional Debtholders.

"The GO Group seeks to rectify an obvious and unprecedented
anomaly. The Oversight Board and Commonwealth assert that
Constitutional Debtholders are the largest class of unsecured
creditors in these Title III Cases.  The Committee concedes that
although Constitutional Debtholders are a "very important" group to
which the Committee owes fiduciary duties, they remain
"unrepresented."  The United States Trustee has nonetheless refused
to appoint a single Constitutional Debtholder to the Committee,
despite several holders, including two members of the GO Group,
being willing to serve.  The GO Group is unaware of any case where
the largest purportedly unsecured creditor was purposefully
excluded from the official unsecured creditors' committee.  Rather,
the Bankruptcy Code and the overwhelming weight of decisions
interpreting the Bankruptcy Code provide that the Committee must
adequately represent all of the Commonwealth's allegedly unsecured
creditors, and must specifically represent the different kinds of
the Commonwealth's allegedly unsecured creditors," Andrew N.
Rosenberg, Esq., at Paul, Weiss, Rifkind, Wharton & Garrison LLP,
tells the Court.

The members of the GO Group filing this Motion are certain funds or
entities managed or advised by Aurelius Capital Management, LP,
Autonomy Capital (Jersey) LP, FCO Advisors LP, Monarch Alternative
Capital LP, Senator Investment Group LP, and Stone Lion L.P. These
entities file this Motion exclusively on their own behalf and do
not assume any fiduciary or other duties to any other creditor or
person. The GO Group collectively holds $3.2 billion of bonds
issued or guaranteed by the Commonwealth (collectively, the
"Constitutional Debt").

The GO Group disputes the Commonwealth's assertion that
Constitutional Debtholders are general unsecured creditors.  In due
course, the GO Group will establish that Constitutional Debt is
protected by a statutory lien on all "available resources" or
certain subsets of those resources.

On June 15, 2017, the United States Trustee appointed the Committee
and an Official Committee of Retirees in the Commonwealth Title III
Case The Committee comprises the following seven members: (i) The
American Federation of Teachers ("AFT"); (ii) Doral Financial
Corporation, (iii) Genesis Security,
(iv) Puerto Rico Hospital Supply, (v) Service Employees
International Union, (vi) Total Petroleum Puerto Rico Corp., and
(vii) Unitech Engineering.  No Constitutional Debtholder was
appointed to the Committee.

On July 14, 2017, the United States Trustee responded to the GO
Group's July 11 letter requesting that it reconstitute the
Committee to include Constitutional Debtholders.  In the July 14
letter, the United States Trustee stated that it had "no plans to
reconstitute the Committee to add creditors claiming that their
claims are secured or otherwise have full priority."

The GO Group claims that the Creditors Committee, as currently
constituted, does not adequately represent the Commonwealth's
creditors, and the Court should order the United States Trustee to
change the membership of the Committee to ensure that
Constitutional Debtholders are adequately represented.

"The Committee, as currently constituted, falls far short of any
conceivable standard of adequate representation. Rather than
including a single Constitutional Debtholder -- allegedly the
largest class of unsecured creditors in these Title III Cases --
the Committee instead exclusively comprises employee unions (which
may not have any claims at all), trade creditors, and a tax refund
claimant.  While the aggregate amount of Constitutional Debt
outstanding is more than fifty times larger than the aggregate
claims of trade and tax refund creditors, those creditors outnumber
Constitutional Debtholders five-to-zero on the Committee," Mr.
Rosenberg avers.

In the alternative, if the Court finds that Constitutional
Debtholders are not adequately represented by the Committee but
should not be appointed as members of the Committee, the GO Group
requests that the Court appoint an additional official committee of
Constitutional Debtholders pursuant to Section 1102(a)(2) of the
Bankruptcy Code.

Law firms representing the Ad Hoc Group of General Obligation
Bondholders are (i) Jimenez, Graffam & Lausell, (ii) Robbins,
Russell, Englert, Orseck, Untereiner & Sauber LLP, and (iii) Paul,
Weiss, Rifkind, Wharton & Garrison LLP.

                       About Puerto Rico

Puerto Rico is a self-governing commonwealth in association with
the United States that's facing a massive bond debt of $70
billion, a 68% debt-to-GDP ratio and negative economic growth in
nine of the last 10 years.

The Commonwealth of Puerto Rico has sought bankruptcy protection,
aiming to restructure its massive $74 billion debt-load and $49
billion in pension obligations.

The debt restructuring petition was filed by Puerto Rico's
financial oversight board in U.S. District Court in Puerto Rico
(Case No. 17-01578) on May 3, 2017, and was made under Title III
of 2016's U.S. Congressional rescue law known as the Puerto Rico
Oversight, Management, and Economic Stability Act ("PROMESA").

The Financial Oversight and Management Board later commenced Title
III cases for the Puerto Rico Sales Tax Financing Corporation
(COFINA) on May 5, 2017, and the Employees Retirement System (ERS)
and the Puerto Rico Highways and Transportation Authority (HTA) on
May 21.  On July 2, 2017, a Title III case was commenced for the
Puerto Rico Electric Power Authority ("PREPA").

U.S. Chief Justice John Roberts has appointed U.S. District Judge
Laura Taylor Swain to oversee the Title III cases.  The Honorable
Judith Dein, a United States Magistrate Judge for the District of
Massachusetts, has been designated to preside over matters that
may be referred to her by Judge Swain, including discovery
disputes, and management of other pretrial proceedings.

Joint administration of the Title III cases, under Lead Case No.
17-3283, was granted on June 29, 2017.

The Oversight Board has hired as advisors, Proskauer Rose LLP and
O'Neill & Borges LLC as legal counsel, McKinsey & Co. as strategic
consultant, Citigroup Global Markets as municipal investment
banker, and Ernst & Young, as financial advisor.

Martin J. Bienenstock, Esq., Scott K. Rutsky, Esq., and Philip M.
Abelson, Esq., of Proskauer Rose; and Hermann D. Bauer, Esq., at
O'Neill & Borges are onboard as attorneys.

McKinsey & Co. is the Board's strategic consultant, Ernst & Young
is the Board's financial advisor, and Citigroup Global Markets
Inc. is the Board's municipal investment banker.

Prime Clerk LLC is the claims and noticing agent.  Prime Clerk
maintains a case web site at:

           https://cases.primeclerk.com/puertorico

Epiq Bankruptcy Solutions LLC is the service agent for ERS, HTA,
and PREPA.

O'Melveny & Myers LLP is counsel to the Commonwealth's Puerto Rico
Fiscal Agency and Financial Advisory Authority (AAFAF), the agency
responsible for negotiations with bondholders.

The Oversight Board named Professor Nancy B. Rapoport as fee
examiner and to chair a committee to review professionals' fees.

                      Bondholders' Attorneys

Toro, Colon, Mullet, Rivera & Sifre, P.S.C. and Kramer Levin
Naftalis & Frankel LLP serve as counsel to the Mutual Fund Group,
comprised of mutual funds managed by Oppenheimer Funds, Inc.,
Franklin Advisers, Inc., and the First Puerto Rico Family of
Funds,
which collectively hold over $3.5 billion in COFINA Bonds and over
$2.9 billion in other bonds issued by Puerto Rico and other
instrumentalities, including over $1.8 billion of Puerto Rico
general obligation bonds ("GO Bonds").

White & Case LLP and Lopez Sanchez & Pirillo LLC represent the UBS
Family of Funds and the Puerto Rico Family of Funds, which hold
$613.3 million in COFINA bonds.

Paul, Weiss, Rifkind, Wharton & Garrison LLP, Robbins, Russell,
Englert, Orseck, Untereiner & Sauber LLP, and Jimenez, Graffam &
Lausell are co-counsel to the ad hoc group of General Obligation
Bondholders, comprised of Aurelius Capital Management, LP,
Autonomy Capital (Jersey) LP, FCO Advisors LP, Franklin Mutual
Advisers LLC, Monarch Alternative Capital LP, Senator Investment
Group LP, and Stone Lion Capital Partners L.P.

Quinn Emanuel Urquhart & Sullivan, LLP and Reichard & Escalera are
co-counsel to the ad hoc coalition of holders of senior bonds
issued by COFINA, comprised of at least 30 institutional holders,
including Canyon Capital Advisors LLC and Varde Investment
Partners, L.P.

Correa Acevedo & Abesada Law Offices, P.S.C., is counsel to Canyon
Capital Advisors, LLC, River Canyon Fund Management, LLC, Davidson
Kempner Capital Management LP, OZ Management, LP, and OZ
Management II LP (the QTCB Noteholder Group).

                            Committees

The U.S. Trustee formed a nine-member Official Committee of
Retirees and a seven-member Official Committee of Unsecured
Creditors of the Commonwealth.  The Retiree Committee tapped
Jenner & Block LLP and Bennazar, Garcia & Milian, C.S.P., as its
attorneys.   The Creditors Committee tapped Paul Hastings  LLP and
O'Neill & Gilmore LLC as counsel.


QBS HOLDING: Moody's Revises Outlook Stable & Affirms B3 CFR
------------------------------------------------------------
Moody's Investors Service changed the ratings outlook for oil and
gas ERP-software provider QBS Holding Company, Inc. to stable, from
negative. Moody's also affirmed Quorum's B3 Corporate Family Rating
("CFR"), Caa1-PD Probability of Default Rating, and the B3
instrument ratings on its senior secured, first-lien term loan and
revolving credit facilities.

RATINGS RATIONALE

Quorum's revised outlook reflects the relative strengthening and
stabilization of the oil and gas markets, which have enabled the
company's customers to resume investments in new ERP systems and in
upgrades of existing software that they had delayed undertaking
during most of 2016 because of high uncertainty in the energy
markets. Fourth-quarter operating strength continued into the first
quarter of 2017, and Moody's expects Quorum to have flat to
slightly improved revenues, about $90 million, for the full year.
Quorum has done a solid job of keeping its costs in check and its
margins stable, especially in recent quarters, in the face of a
steep, 14.3% decline in sales in 2016 and in spite of its own,
above-average investment in new products and technologies. The
stable outlook also reflects the fact that, as subscription-based
revenues continue to become a larger portion of overall revenues,
Quorum's liquidity and revenue visibility will improve, as
contracted subscriptions provide inflows of cash at the beginning
of each year.

Quorum's B3 CFR reflects the company's small scale and very high,
7.5 times year-end 2016 debt-to-EBITDA leverage (on a Moody's
adjusted basis, which includes a $7 million adjustment for
capitalized leases), factors that have been exacerbated by the
energy industry's prolonged weak operating environment. Given the
anticipated stabilization of its revenue base, effective
streamlining of its costs structure, and the improved liquidity
provided by a high, 60-plus percent subscription revenue component,
Moody's expects Quorum's year-end 2017 leverage to moderate to
close to 6.0 times, and free cash flow to debt of better than 5%,
good for the ratings category. Barring a return to depressed market
conditions, Moody's expects Quorum's leverage to improve further in
2018, to about 5.5 times by year-end.

Moody's views Quorum's liquidity as good, given Moody's
expectations for free cash flow of about $7 million, and given an
unusually strong $31 million March 31, 2017 cash balance, which
will deplete during the seasonally weaker latter quarters of the
year and because of an excess cash flow debt repayment made in
April. Operating strength this year could trigger another excess
free cash flow debt payment in early 2018, allowing for faster
deleveraging.

Moody's could upgrade Quorum's ratings if both revenue and EBITDA
stabilize such that total debt-to-EBITDA remains below 6.0 times
and free-cash-flow-to-total-debt exceeds mid-single-digit
percentages, both on a sustained basis. Moody's could downgrade the
ratings if revenues and EBITDA fail to stabilize, reflective,
perhaps, of a return to depressed O&G markets. The ratings could
also be downgraded if Moody's anticipates that leverage will
deteriorate, instead of improving as expected, if liquidity shows
signs of deteriorating, or compliance with financial covenants
appears challenging.

Headquartered in Houston, TX, Quorum is a software development and
consulting company that designs, develops, implements, and supports
enterprise resource planning ("ERP") software solutions to
companies in the North American energy industry. The company is
owned by affiliates of Silver Lake Partners as the result of a
mid-2014 LBO. Moody's estimates that Quorum's 2017 revenues will be
roughly $90 million, flat relative to 2016.

The principal methodology used in these ratings was Software
Industry published in December 2015.


ROCKFORD INSURANCE: Alliance Financial Buying All Assets for $675K
------------------------------------------------------------------
Rockford Insurance Agency, LLC ("RIA") and New York Private
Insurance Agency, LLC ("NYPIA") ask the U.S. Bankruptcy Court for
the Western District of Michigan to authorize the sale of
substantially all assets to Alliance Financial and Insurance
Agency, LLC for $675,000.

Pursuant to their May 23, 2017 First Amended Joint Plan of
Reorganization, the Debtors are to sell all of their assets.
During the course of the Chapter 11 cases, they have been actively
marketing the sale of their assets through J.J. Fagan & Co., LLC,
as business broker with various potential buyers for 8 months.

Under the Plan, the amounts creditors will receive, except for the
Morris creditors and Guy Hiestand, have been established.  The
outcome of the sales of the assets will have no effect on the
amount creditors will receive under the Plan, except for the Morris
creditors and Hiestand.  The Debtors believe the Morris creditors
and Hiestand will support the proposed sale of assets.

The Debtors have entered into an Asset Purchase Agreement with the
Buyer for the purchase of substantially all of the assets of the
Debtors, but not the assets of GH Insurance Agency, LLC, which is a
wholly owned subsidiary of NYPIA.

The terms of the proposed sale under the APA are:

    a. The sale price will be $675,000.  The sum of $575,000 will
be paid at closing with the balance of $100,000 to be paid within
60 days of the closing.  The Buyer may deduct from the final
payment the amount any commissions received by Seller for any
insurance policies sold by Buyer from and after the Closing.

    b. The assets to be sold will include substantially all assets
of the Debtors, except the Excluded Assets as set forth in the APA.
The Excluded Assets are generally described as including NYPIA's
membership interests in GH and RIA and all assets of GH.

    c. The sale is subject to approval by the Court and the assets
must be sold free and clear of all Liens.

    d. The Closing must occur by Aug. 31, 2017.

    e. The brokerage agreement approved by the Court in the Order
authorizing employment of Fagan provides for payment of a success
fee of 3.5% of the gross sale price.  The Debtors propose to pay
Fagan the $23,625 success fee at the Closing.

In connection with the sale, the Debtors also seek to assume and
assign the Executory Contracts to the Buyer.  As applicable, the
Debtors will cure all monetary defaults under such Executory
Contracts to the extent required by Section 365(b) of the
Bankruptcy Code as set forth in the APA.

A copy of the APA and the list of Executory Contracts attached to
the Motion is available for free at:

    http://bankrupt.com/misc/Rockford_Insurance_158_Sales.pdf

The Debtors have therefore determined, based upon their sound
business judgment, that the most viable option for maximizing the
value of their estates is through a sale of substantially all of
their assets.  NYPIA will also be filing a motion seeking
authorization to exercise its authority as the sole member of GH to
sell substantially all the assets of GH.  Accordingly, the Debtors
ask the Court to approve the relief requested.

The Debtors ask that the Courts waive any 14-day stay that might be
imposed under Bankruptcy Rules 6004(h) and 6006(d) for any order
authorizing the sale of property and the assignment of the
Executory Contracts such that they can close the Sale promptly
after the entry of the Sale Order.

The Purchaser can be reached at:

          ALLIANCE FINANCIAL AND INSURANCE AGENCY, LLC
          Attn: Ryan Kyes, President
          423 W. Main St.
          Lowell, MI 40509

               About Rockford Insurance Agency

Rockford Insurance Agency, LLC, and New York Private Insurance
Agency, LLC, sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Mich. Lead Case No. 16-01034) on March 1, 2016.

J.J. Fagan & Co., LLC, was hired to assist in the sale of assets of
the company and its affiliate New York Private Insurance Agency,
LLC.

The Debtors' May 23, 2017 First Amended Joint Plan of
Reorganization in Chapter 11 was confirmed by the Court's July 20,
2017 Order.


SEARS CANADA: Fairholme Is Evaluating Potential Sale of Shares
--------------------------------------------------------------
On July 27, 2017, Fairholme Capital Management, L.L.C. and ESL
Partners L.P., RBS Partners, L.P., ESL Investments, Inc. and Edward
S. Lampert terminated their Joint Representation of Canadian legal
counsel with respect to a potential negotiated transaction with
Sears Canada Inc. and its subsidiaries in connection with the
Issuer's CCAA proceedings.  Fairholme continues to evaluate Sears
Canada and its business, affairs, operations, results of
operations, contracts, liabilities, properties and prospects, and
may consider, evaluate and discuss potential transactions involving
the Issuer or its affiliates, including, without limitation,
financing transactions, purchase and sale transactions or
restructuring transactions.  Fairholme, either individually or
together with other parties, may make proposals with respect to
those transactions involving the Issuer or that may otherwise
involve one or more of the types of transactions.

Fairholme reported beneficial ownership of 21,090,483 common shares
(20.7%); Bruce R. Berkowitz reported 21,433,443 (21%); and
Fairholme Funds, Inc. reported beneficial ownership of 12,014,115
(11.8%), of Sears Canada Inc. as of July 27, 2017, based upon the
101,877,662 Shares outstanding as of June 13, 2017, according to
Sears Canada.

Fairholme also disclosed that it is evaluating and considering a
potential sale of Shares of Sears Canada in order to generate a tax
loss for Fairholme and its investors.  There is no assurance that
Fairholme will make or pursue any such proposal or transaction or
that any such proposal will result in a completed transaction.

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

                      https://is.gd/gGxKkb

                       About Sears Canada

Sears Canada Inc. is an independent Canadian digital and
store-based retailer and technology company whose head office is
based in Toronto.  Sears Canada's unique brand format offers
premium quality Sears Label products, designed and sourced by Sears
Canada, and of-the-moment fashion and home decor from designer
labels in The Cut @Sears.  Sears Canada also has a top ranked
appliance and mattress business in Canada.  Sears Canada is
undergoing a reinvention, including new customer experiences at
every touchpoint, a new e-commerce platform, new store concepts,
and a new set of customer service principles designed to deliver
WOW experiences to customers.  Information can be found at
sears.ca/reinvention.  Sears Canada operates as a separate entity
from its U.S.-based co-founder, now known as Sears Holdings
Corporation, based in Illinois.

The Company's balance sheet as of April 29, 2017, showed total
assets of C$1.187 billion against total liabilities of C$1.107
billion.

Amid mounting losses and liquidity constraints Sears Canada and
certain of its subsidiaries on June 22, 2017, applied to the
Ontario Superior Court of Justice (Commercial List) for protection
under the Companies' Creditors Arrangement Act ("CCAA"), in order
to continue to restructure its business.

Sears Canada and its subsidiaries on June 22, 2017, were granted
an order (the "Initial Order") under the Companies' Creditors
Arrangement Act (the "CCAA").  Pursuant to the Initial Order, FTI
Consulting has been appointed Monitor.  Sears Canada and certain of
its subsidiaries have obtained orders from the Ontario Superior
Court of Justice (Commercial List) extending the stay period
provided by the Initial Order to Oct. 4, 2017, under the Companies'
Creditors Arrangement Act.

The Company has engaged BMO Capital Markets, as financial advisor,
and Osler, Hoskin & Harcourt LLP, as legal advisor.  The Board of
Directors and the Special Committee of the Board of Directors of
the Company has retained Bennett Jones LLP, as legal advisor.

FTI Consulting is the Court-appointed monitor.  The Monitor tapped
Norton Rose Fulbright Canada LLP as counsel.


SECOND CHANCES: Taps Michelle Steele as Bookkeeper
--------------------------------------------------
Second Chances WV LLC seeks approval from the U.S. Bankruptcy Court
for the Southern District of West Virginia to hire a bookkeeper.

The Debtor proposes to hire Michelle Steele and pay her $35 per
hour or up to $600 per month to prepare its monthly operating
report; and an hourly fee of $35 for other services including the
preparation of financial projections and tax returns.

Ms. Steele does not hold any interest adverse to the Debtor or its
estate, and does not have connection with any of its creditors,
according to court filings.

                     About Second Chances WV

Second Chances WV, LLC, based in Jumping Branch, West Virginia,
filed a Chapter 11 petition (Bankr. S.D. W.Va. Case No. 17-50174)
on June 9, 2017.  The Debtor listed under $1 million in both assets
and liabilities.

William W. Pepper, Esq., at Pepper & Nason, serves as bankruptcy
counsel.


SELFRIDGE LLC: Taps Simon Resnik as Legal Counsel
-------------------------------------------------
Selfridge, 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 Simon Resnik Hayes LLC to, among other
things, give legal advice regarding its duties under the Bankruptcy
Code; conduct examinations; and assist in the preparation and
implemntation of a bankruptcy plan.

The hourly rates charged by the firm are:

     M. Jonathan Hayes     Of Counsel     $485
     Matthew Resnik        Partner        $425
     Roksana Moradi        Partner        $385
     Russell Stong         Associate      $350
     David Kritzer         Associate      $350
     Rosario Zubia         Paralegal      $135

Simon Resnik received an initial retainer in the amount of
$21,717.

Roksana Moradi, Esq., a partner at Simon Resnik, disclosed in a
court filing that the firm is a "disinterested person" as defined
in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Matthew D. Resnik, Esq.
     Roksana D. Moradi, Esq.
     Simon Resnik Hayes LLC
     15233 Ventura Blvd., Suite 250
     Sherman Oaks, CA 91403
     Tel: (818) 783-6251
     Fax: (818) 827-4919
     Email: matthew@SRHLawFirm.com
     Email: roksana@SRHLawFirm.com

                       About Selfridge LLC

Based in Mailibu, California, Selfridge, LLC was created on April
16, 2009, for the purpose of owning and operating real property.  
Its largest asset is a real property located at 28901 Selfridge
Drive in Malibu.  

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. C.D. Calif. Case No. 17-11222) on July 7, 2017.
Candace C. Pendleton, managing member, signed the petition.  

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

Judge Peter Carroll presides over the case.


SHORT BARK: Seeks Approval to Employ Ordinary Course Professionals
------------------------------------------------------------------
Short Bark Industries, Inc. and EXO SBI, LLC have filed a motion
seeking approval from the U.S. Bankruptcy Court in Delaware to hire
professionals used in the ordinary course of business.

The request, if granted, would allow the Debtors to employ
"ordinary course professionals" without filing separate employment
applications.  The Debtors proposed to employ these OCPs:

                                    Services
                                 ---------------
     Kostos and Lamer P.C.       Legal services with respect to
                                 government contracts

     RR Group PSC                General tax services

     Tanner & Co., CPA           Auditing services
   
     DC Holdings, LLC            Consultant related to government
                                 contract research and vendor
                                 selection

     Slate Solutions             Consultant related to
                                 ballistic/body armor design and
                                 manufacturing expert

     Gentry, Tipton and MCLE     General legal services

     Luedeka Neely Group         Patent legal services

     Wimberly Lawson Wright      Legal services related to
     Daves & Jones PLLC          labor law

     Schuster Aguilo, LLC        Puerto Rico labor law services

In the same filing, the Debtors also asked the court for approval
to pay each OCP a total of $50,000 without filing an application,
and a monthly cap of $15,000 for all fees paid to an individual
OCP.

                   About Short Bark Industries

Short Bark Industries, Inc. -- http://www.shortbark.com/--  
provides military apparels for the Department of Defense, law
enforcement industry.  The company's manufactured items in the
military category include military MOLLE, medium and large
rucksacks, assault packs, IWCS, ACU, ABU, BDU, helmet covers, FROG,
A2CU and more.  It offers men and boys suits, over garments, bag,
and coats.  The company holds over 120,000+ square feet of
manufacturing capacity with operations in Florida, Puerto Rico and
Tennessee.

Short Bark and EXO SBI, LLC sought bankruptcy protection (Bankr. D.
Del., Lead Case No. 17-11502) on July 10, 2017.  The petitions were
signed by Phil Williams, CEO and chairman.

The Debtors listed total assets of $10 million to $50 million and
total liabilities of $10 million to $50 million.

Bielli & Klauder, LLC serves as lead bankruptcy counsel to the
Debtors.

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


SIXTY SIXTY CONDOMINIUM: Wants Exclusivity Extended Through Oct. 31
-------------------------------------------------------------------
Sixty Sixty Condominium Association, Inc., asks the U.S. Bankruptcy
Court for the Southern District of Florida extending its exclusive
plan proposal period for an additional 90 days, through and
including Oct. 31, 2017.

As per the exclusivity court order, the Debtor's Exclusivity
expires on Aug. 2, 2017.  The Debtor requests the Court schedule an
emergency hearing on or before Aug. 2.  In the event this Court is
unable to hold a hearing on the Debtor's request on or before Aug.
2, the Debtor further requests that to avoid potential additional
litigation in this case, the Court enter an interim order extending
Debtor's Exclusivity through and including the next available date
for hearing on the Debtor's exclusivity extension request.

On June 23, 2017, the Court denied approval of the disclosure
statement referring to the Debtor's plan of reorganization, without
prejudice to Debtor proceeding with sale and rental efforts and
negotiating with creditors.

On July 13, 2017, July 14, 2017, and July 21, 2017, the Court
conducted hearings on, among other things, the Debtor's motion to
approve as highest and best a certain contract submitted by Marc
Realty Capital, LLC, as buyer and Debtor and non-Debtors as sellers
of units in the condominium, the ROFR Issue, and jurisdictional
issues.  Also on July 27, 2017, the Court entered an order (1)
setting deadline for execution of amended contract; and (2) setting
final hearing on contract approval.  Through the scheduling order,
among other things, the Court advised the Debtor and other
residential unit owners of certain amendments required to be made
to the contract in order to proceed by Aug. 7, 2017.  
Additionally, the scheduling court order required Debtor to file a
further amended plan and disclosure statement incorporating the
terms of the contract (as amended) and certain other material
provisions.

The Debtor intends to file a further amended plan and disclosure
statement consistent with the Court's directions and respectfully
requests an extension of Exclusivity in order to allow Debtor to
focus its resources on doing so.

The Debtor says its case is very large and incredibly complex, with
several unresolved issues directly affecting the Debtor's ability
to advance through the confirmation process.

The scheduling court order, amended contract, contract hearing, and
administration court order, and other matters in the docket,
evidence that the Debtor is working diligently and in good faith to
reorganize its financial affairs through a confirmed plan,
including seeking to resolve issues with Schecher Group, Inc., and
other creditors.  The Debtor says it continues to devote time and
energies in good faith to make progress toward acceptance of an
amended plan of reorganization.

Subsequent to the contract hearing and as the amended contract
takes its final form consistent with the Court's direction; Debtor
will file its Debtor's Second Amended Plan and Second Amended
Disclosure Statement.  Accordingly, the Debtor is not yet in a
position to solicit votes on its Amended Plan.

                   About Sixty Sixty Condominium

Sixty Sixty Condominium is a mixed-use hotel/residential building
located at 6060 Indian Creek Drive in Miami Beach, Florida.  Sixty
Sixty Condominium Association, Inc., a non-profit corporation, is
responsible for, among other things, the management, operation, and
maintenance of the Condominium's "Common Elements", and other
obligations imposed by state statute.

Sixty Sixty Condominium Association, Inc., filed a Chapter 11
bankruptcy petition (Bankr. S.D. Fla. Case No. 16-26187) on
December 5, 2016, listing $100,000 to $500,000 in total assets, and
$1 million to $10 million in liabilities.  The petition was signed
by Maria Velez, president of the Board of Directors.

The Hon. Robert A. Mark presides over the case.

Brett D. Lieberman, Esq., at Messana, P.A., represents the Debtor
as counsel.  Juda Eskew & Associates, PA, serves as the Debtor's
accountant.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case.


SOLYMAN YASHOUAFAR: Court Stays Abselet Suit
--------------------------------------------
Judge John F. Walter of the U.S. District Court for the Central
District of California approved the Stipulation by and among
Plaintiff-Creditor Howard L. Abselet, and Defendants-Debtors
Solyman Yashouafar and Massoud Aaron Yashouafar to Stay Action and
Vacate All Dates and Deadlines Set by Court Order.

Accordingly, this action is stayed other than the following:

     (A) The deposition of Howard Abselet;

     (B) The deposition of Sina Abselet; and

     (C) The document production (pursuant to subpoena duces tecum)
by Holthouse Carlin Van Tright LLP.

All deadlines in this Action, as set by the Court's Amended
Scheduling and Case Management Order, including the trial date, are
vacated.

The Court directed Howard Abselet to file a status report every six
months, commencing January 1, 2018.

The case is HOWARD L. ASBELET, Plaintiff, v. SOLYMAN YASHOUAFAR,
and MASSOUD AARON YASHOUAFAR, Defendants, Case Nos.
2:16-cv-9519-JFW (JEMx), 1:16-bk-12255-GM, Jointly Administered
with Case No. 1:16-bk-12408-GM (Bankr. C.D. Calif.).

A full-text copy of the Order dated July 24, 2017, is available at
https://is.gd/5aIcLQ from Leagle.com.

                          About The Yashouafars

Solyman Yashouafar and Massoud Aaron Yashouafar sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. C. D. Calif. Case
Nos. 16-12255 and 16-12408) on August 3, 2016.  The petitions were
filed pro se. Bankr. C. D. Calif. Case No. 16-12255 is jointly
administered with Bankr. C. D. Calif. Case No. 16-12408.

The Office of the U.S. Trustee on November 2 appointed three
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 cases of Solyman Yashouafar and Massoud Aaron
Yashouafar. The committee members are: (1) DMARC 2007-CD5 Garden
Street LLC; (2) Van Nuys Plywood, LLC; and (3) Mehrdad Taghdiri.
                      
Howard L Abselet, Plaintiff, represented by Henry Stuart David, The
David Firm.

Howard L Abselet, Plaintiff, represented by Andrew F. Kim, Law
Office of Andrew F Kim & Jessica Mickelsen Simon, Associate at
Katten Muchin Rosenman LLP.

Massoud Aaron Yashouafar, Defendant, Pro Se.

Solyman Yashouafar, Defendant, represented by Mark E. Goodfriend,
Esq. at the Law Offices of Mark Goodfriend.


SPANNY CLEANERS: Taps Berger Singerman as Legal Counsel
-------------------------------------------------------
Spanny Cleaners, Inc. by Enrique Chantres seeks approval from the
U.S. Bankruptcy Court for the Southern District of Florida to hire
legal counsel in connection with its Chapter 11 case.

The Debtor proposes to hire Berger Singerman LLP to, among other
things, give legal advice regarding its duties under the Bankruptcy
Code, assist in any potential sale of its assets, negotiate with
creditors, and prepare a bankruptcy plan.

Jordi Guso, Esq., the attorney who will be handling the case, will
charge an hourly fee of $625.  

The hourly rates of other attorneys who may also assist the Debtor
range from $310 to $525.  Legal assistants and paralegals will
charge between $85 to $235 per hour.

Berger Singerman holds a retainer in the amount of $25,000.

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

Berger Singerman can be reached through:

     Jordi Guso, Esq.
     Berger Singerman LLP
     1450 Brickell Avenue, Suite 1900
     Miami, FL 33131
     Tel: (305) 755-9500
     Fax: (305) 714-4340
     Email: jguso@bergersingerman.com

                   About Spanny Cleaners Inc.
                       by Enrique Chantres

Spanny Cleaners, Inc. by Enrique Chantres, a company based in
Miami, Florida, provides drycleaning and laundry services.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Fla. Case No. 17-18875) on July 14, 2017.
Enrique Chantres, president, signed the petition.  

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

Judge Jay A. Cristol presides over the case.


STAR GOLDEN: Sets Bid Procedures for Five Las Vegas Properties
--------------------------------------------------------------
Star Golden Enterprises, LLC, asks the U.S. Bankruptcy Court for
the District of Nevada to authorize the bidding procedures in
connection with the sale of real properties: (i) located at 8600 W.
Charleston Blvd., Apt. 2070, Las Vegas, Nevada ("Charleston
Property"); (ii)  located at 8101 W. Flamingo Rd., Unit 2108, Las
Vegas, Nevada; (iii) located at 1199 Chestwood Ave., Las Vegas,
Nevada; (iv) located at 3448 Castanada St., North Las Vegas, Nevada
("Castanada Property"); and (v) located at 799 Mesquite Springs,
Unit 101, Mesquite, Nevada ("Mesquite Property") through an
auction.

A hearing on the Motion is set for Aug. 29, 2017 at 10:00 a.m.

Commencing on March 15, 2013, the Debtor purchased several
residential real properties from homeowners' associations ("HOAs")
following their acquisition of the properties by foreclosure of
superpriorty liens ("HOA Foreclosures") pursuant to NRS Chapter
116.  Following its acquisition of the properties, the Alleged Lien
Parties continued to assert liens upon or interest in the
properties purchased, notwithstanding that such liens and/or
interests had been extinguished through the HOA Foreclosures.  As a
result, Debtor commenced a series of lawsuits to quiet title and
confirm that the Alleged Lien Parties did not hold liens upon or
interests in the Real Properties ("Quiet Title Actions").

The Real Properties are collectively scheduled as having an
aggregate value of $856,396, which value is based on comparable
sales.

Clara Braud, Countrywide Home Loans, Inc., BAC Home Loans
Servicing, LP, U.S. Bank National Association, as Trustee for the
benefit of Harborview 2005-16 Trust Fund, and Reconstruct Company
NA have asserted liens upon or interests in the Charleston
Property, which the Debtor disputes.  As a result, on Dec. 23,
2014, Debtor filed a Complaint in the Eighth Judicial District
Court, Clark County, Nevada, thereby commencing Case No.
A-14-711498 seeking to quiet title.  The Charleston Property is
also subject to a lien asserted by Cappella Mortgage in the
principal amount of $45,000.

Bank of America, N.A., PRLAP, Inc., Jane Soo Hoo Fung, and Vincent
W. Fung have asserted liens upon or interests in the Flamingo
Property, which the Debtor disputes.  As a result, on June 9, 2014,
Debtor filed a Complaint in the Eighth Judicial District Court,
Clark County, Nevada, thereby commencing Case No. A-14-702119-C
seeking to quiet title.

JP Morgan Chase Bank, Cooper Castle Law Firm, LLP, and Jason Ryan
Stevenson have asserted liens upon or interests in the Chestwood
Property, which the Debtor disputes.  As a result, on June 5, 2014,
Debtor filed a Complaint in the Eighth Judicial District Court,
Clark County, Nevada, thereby commencing Case No. A-14-791938
seeking to quiet title.

Nationstar Mortgage LLC, PRLAP, Inc., Veronica Davalos, and Sergio
Davalos Navarro have asserted liens upon or interests in the
Castanada Property, which the Debtor disputes.  As a result, on
June 5, 2014, Debtor filed a Complaint in the Eighth Judicial
District Court, Clark County, Nevada, thereby commencing Case No.
A-14-701939-C seeking to quiet title.

Steven Jarrell, Mountain America Federal Credit Union and Citicorp
Trust Company, Citimortgage Inc, Cal-Western Reconveyance Company,
LSF7 Bermuda NPL II Trust, Vericrest Financial Inc, U.S. Bank
Trust, N.A., US Bank Trust N.A. EE, Wells Fargo Delaware Trust Co.
N.A. EE, US Bank Trust, N.A. as Trustee for LSF7 NPL II Trust have
asserted liens upon or interests in the Mesquite Property, which
the Debtor disputes.  As a result, on October 24, 2014, Debtor
filed a Complaint in the Eighth Judicial District Court, Clark
County, Nevada, thereby commencing Case No. A-14-708995 seeking to
quiet title.

Through the Auction, the Debtor proposes to sell the Real
Properties, individually or in bulk, free and clear of all alleged
liens, claims, and interests, including those referenced in the
Quiet Title Actions, to the bidder with the highest and best offer
at the Auction.  It also proposes to assume and assign the Assumed
Contracts and Leases to the Highest Bidder.

The Bid Procedures were developed consistent with the objective of
promoting active bidding.  The Bid Procedures further reflect
Debtor's objective of conducting the Auction in a controlled, but
fair and open fashion that promotes interest in the Real Properties
by financially-capable, motivated bidders that are likely to close
the transaction.  It believes that the sale of the Real Properties
through the Auction and in the manner prescribed by the Bid
Procedures will maximize value for the Debtor's estate and
creditors.

The salient terms of the Bid Procedures are:

   a. Bid Deadline: (TBD) at 5:00 p.m. (PST)

   b. Deposit: (i) 10% of the dollar amount of the purchase price
of such bid; or (ii) 10% of the value of such bid

   c. Auction: The Debtor will conduct the Auction on the date set
by the Court.

   d. The first Qualified Bid at the Auction will be deemed to have
been made by the Initial Highest Bidder in the amount of the
Initial Highest Bid.

   e. The next Qualified Bid at the Auction will be an amount equal
to or greater than the Initial Highest Bid plus no less than $2,500
with respect to each Real Property.

   f. Closing: No later than seven days after entry of the Sale
Order

   g. "As Is, Where Is": The sale of the Real Properties will be on
an "as is, where is" basis and without representations or
warranties of any kind, nature, or description.

The Debtor asks an Auction and Sale Hearing to be set forth in the
Notice of Bid Procedures and Auction.  A firm Auction date will
encourage Potential Bidders to promptly engage in the contemplated
sale process.  Within three Business Days following the entry of
the Bid Procedures Order, the Debtor will serve the Bid Procedures
and Auction Notice upon all Notice Parties.  The proposed form of
Asset Purchase Agreement will be modified as appropriate by
Potential Bidders and the Debtor to reflect particular offers.

A copy of the Bidding Procedures, Notice of Bid Procedures and
Auction, and APA attached to the Motion is available for free at:

      http://bankrupt.com/misc/STAR_GOLDEN_115_Sales.pdf

To the extent time is of the essence for any Prevailing Bidder(s),
the Debtor asks that the Court waiver the stay imposed pursuant to
Bankruptcy Rule 6004(h).

                 About Star Golden Enterprises

Star Golden Enterprises, LLC, was created on March 15, 2013, as a
Nevada series limited liability company in order to acquire
property for lease or sale at a profit.  Its members are IMME, LLC,
Evan Sofer and Robert Goldsmith.

Star Golden Enterprises sought protection under Chapter 11 of the
Bankruptcy
Code (Bankr. D. Nev. Case No. 17-10440) on Jan. 31, 2017,
estimating its assets and debt at $1 million to $10 million.  

The case is assigned to Judge Bruce T. Beesley.

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


SULLIVAN VINEYARDS: Wants to Use Winery Cash Collateral
-------------------------------------------------------
Sullivan Vineyards Corporation filed a motion seeking permission
from the U.S. Bankruptcy Court for the Northern District of
California to use cash collateral of Winery Rehabilitation LLC and
Stephen A. Finn.

A hearing on the Debtor's motion is set for Aug. 7, 2017, at 11:00
a.m.

After evidentiary hearing on April 11, 2017, the Court authorized
the Debtor to use cash collateral through Aug. 9, 2017.

The Debtor says it needs to continue to use its business revenues
to preserve the its cash flow streams, as it continues to pursue
plan confirmation.  The Debtor states that it seeks court authority
to use cash collateral to pay expenses that are necessary to
preserve its cash flow stream.  At this time, the Debtor requests
authority to use cash collateral through the end of 2017.

The Debtor believes the secured creditors are adequately protected
because the requested use of cash collateral will preserve the cash
flow stream.  Moreover, the Debtor believes that the secured
creditors are adequately protected because the aggregate value of
the assets securing their claims (including the real property owned
by Sullivan Vineyards Partnership, an affiliated entity)
substantially exceeds the claims of WR and Mr. Finn, even at the
low-ball values attributed to the collateral by WR and Mr. Finn.
The dollar amount of the claim of WR is approximately $10.5
million, and the dollar amount of the highly disputed claim of Mr.
Finn is approximately $5 million.

A copy of the Debtor's Motion is available at:

           http://bankrupt.com/misc/canb17-10065-156.pdf

                    About Sullivan Vineyards

Sullivan Vineyards Corporation filed a Chapter 11 petition (Bankr.
N.D. Cal. Case No. 17-10065) on Feb. 1, 2017, estimating assets at
$1 million to $10 million and liabilities at $10 million to $50
million at the time of the filing.

Sullivan Vineyards Partnership sought Chapter 11 protection (Bankr.
N.D. Cal. Case No. 17-10067) on Feb. 2, 2017, disclosing $18.99
million in
assets and $14.27 million in liabilities.

The petitions were signed by Ross Sullivan, CEO.  

The cases are assigned to Judge Alan Jaroslovsky.

The Debtors are represented by Steven M. Olson, Esq., at the Law
Office of Steven M. Olson.


SUNSET PARTNERS: Allowed to Use Cash Collateral Through Aug. 8
--------------------------------------------------------------
Judge Joan N. Feeney of the U.S. Bankruptcy Court for the District
of Massachusetts authorized Sunset Partners, Inc., and Bema
Restaurant Corporation to collect and use cash collateral through
the continued hearing.

A hearing to consider approval of the Debtors' further use of cash
collateral is scheduled for Aug. 8, 2017 at 10:30 a.m.  Any
objections must be filed by Aug. 7.

The secured creditors are granted continuing replacement liens and
security interests in the postpetition accounts receivable to the
same validity, extent and priority that they would have had in the
absence of the bankruptcy filing.

The Debtors will also make adequate protection payments to American
Express, Brown, Sysco and DOR in the amounts set forth on the
Budget.

A full-text copy of the Order, dated July 25, 2017, is available at
https://is.gd/2N3O3C

               About Sunset Partners and Affiliate

Sunset Partners, Inc., is a Massachusetts corporation that owns and
operates two Boston area restaurants: the Sunset Grill & Tap
located at 130 Brighton Avenue, Allston, MA; and, the Sunset
Cantina located at 916 Commonwealth Avenue, Brookline, MA.

Affiliate Bema Restaurant Corporation, d/b/a Patron's, is a
Massachusetts corporation that owns and operates a Boston area
restaurant called Patrons, which is located at 138 Brighton Avenue,
Allston, MA.

Sunset Partners filed for Chapter 11 bankruptcy protection (Bankr.
D. Mass. Case No. 17-12178) on June 7, 2017, disclosing $1.05
million in total assets and $5.67 million in total liabilities.

Bema Restaurant Corporation filed a Chapter 11 petition (Bankr. D.
Mass. Case No. 17-12434) on June 29, 2017.  At the time of filing,
the Debtor had $1.12 million in assets and $4.45 million in
liabilities.

The petitions were signed by Marc Berkowitz, president.  

The cases are jointly administered and assigned to Judge Joan N.
Feeney.

The Debtors are represented by David B. Madoff, Esq., and Steffani
Pelton Nicholson, Esq., at Madoff & Khoury LLP.

No trustee, examiner, or official committee has been appointed in
the Chapter 11 cases.


SUNSHINE OILSANDS: Notes Under Forbearance to Mature Today
----------------------------------------------------------
The Board of Directors of Sunshine Oilsands Ltd. (the "Corporation"
or "Sunshine") on July 28, 2017, announced the following:

Reference is made to the announcements of the Corporation dated
August 5, 2014, August 8, 2014 and February 5, 2016 (all Hong Kong
time) in relation to, among other things, the offering of US$200
million principal amount of senior secured notes (the "Notes").
Reference is also made to the announcements of the Corporation
dated August 1, 2016, August 12, 2016, August 17, 2016, August 29,
2016, September 1, 2016, September 12, 2016, October 31, 2016,
January 31, 2017 and March 21, 2017 (all Hong Kong time) in
relation to, among other things, the forbearance agreements the
Corporation has entered into with the holders of the Notes (the
"Noteholders").

According to the Agreement, the FRA and the NEA in respect of the
Notes, the Notes will be matured on August 1, 2017; the Corporation
is required to, amongst other matters, repay Notes principal, and
any previous outstanding payment commitments on August 1, 2017.  As
at the date of this announcement, the Corporation is in negotiation
with the Noteholders in relation to the repayment.  The Corporation
will provide further updates to the negotiation as necessary.

                 About Sunshine Oilsands Ltd.

The Corporation is a Calgary based public corporation listed on the
Hong Kong Stock Exchange since March 1, 2012.  The Corporation is
focused on the development of its significant holdings of oil sands
leases in the Athabasca oil sands region.  The Corporation owns
interests in approximately one million acres of oil sands and
petroleum and natural gas leases in the Athabasca region.  The
Corporation is currently focused on executing milestone
undertakings in the West Ells project area.  West Ells has an
initial production target of 5,000 barrels per day.


T3M INC: Has Court's Final Approval to Use Cash Collateral
----------------------------------------------------------
The Hon. Scott H. Yun of the U.S. Bankruptcy Court for the Central
District of California has authorized T3M Inc. to use cash
collateral through Aug. 31, 2017, on a final basis.

In the event Lender Collections, LLC, and the Debtor reach an
agreement for the continued use of cash collateral beyond Aug. 31,
2017, the Debtor may use the cash collateral through Sept. 30,
2017, without need for a further hearing, provided that the Debtor
files a stipulation setting forth the terms of the use and a budget
on or before Aug. 31, 2017.

A copy of the Final Order is available at:

            http://bankrupt.com/misc/cacb17-14082-70.pdf

                         About T3M Inc.

Founded in 2006 in Costa Mesa, California, and previously known as
T3 Motion, Inc., T3M Inc. designs, manufactures and markets
personal mobility vehicles powered by electric motors to the
professional and consumer markets.  Its initial product is the T3
Series, a three wheel, electric stand-up vehicle powered by a
quiet, zero-gas emission electric motor that is designed
specifically for public and private security personnel.  

T3M Inc. sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. C.D. Cal. Case No. 17-14082) on May 15, 2017.  Mi "Michael"
Zhang, president, signed the petition.  The Debtor estimated assets
and debt at $1 million to $10 million as of the bankruptcy filing.

Judge Scott H. Yun presides over the case.  

Aram Ordubegian, Esq., and M. Douglas Flahaut, Esq., at Arent Fox
LLP, serve as the Debtor's legal counsel.  LKP Global Law LLP is
the Debtor's special litigation counsel.


TIFARO GROUP: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of The Tifaro Group, Ltd., and EC
Mansfield LLC as of July 27, according to a court docket.

                   About The Tifaro Group Ltd.

The Tifaro Group, Ltd., is a Texas limited partnership organized as
an investment vehicle for the purpose of owning interest in various
healthcare-related entities.  

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Texas Case No. 17-80171) on June 2, 2017.  The
petition was signed by J. Patrick Magill, president of Magill,
P.C., which is the financial agent of The Tifaro Group Management
Company LLC.  TGMC is the Debtor's general partner.  

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

Melissa A. Haselden, Esq., and Edward L. Rothberg, Esq., at Hoover
Slovacek LLP serve as the Debtor's legal counsel.

Judge David R. Jones presides over the case.

                     About EC Mansfield LLC

Headquartered in Houston, Texas, EC Mansfield LLC -- dba Elitecare
Emergency Room, Elitecare 24 Hour Emergency Room Manfield,
Elitecare 24 Hour Emergency Room, Elitecare 24 Hour Emergency
Center, Elitecare Emergency Center, Elitecare Emergency Room --
owns an emergency care ambulatory facility located in Mansfield,
Texas.  The Debtor is an affiliate of The Tifaro Group, Ltd., that
sought bankruptcy protection on June 2, 2017 (Bankr. S.D. Tex. Case
No. 17-80171).

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. S.D.
Tex. Case No. 17-34452) on July 25, 2017, estimating its assets and
liabilities at between $1 million and $10 million each.  The
petition was signed by Patrick J. Magill, president of Magill, PC,
financial agent of the Debtor.

Judge Marvin Isgur presides over the case.

Melissa Anne Haselden, Esq., at Hoover Slovacek LLP serves as the
Debtor's bankruptcy counsel.


TK HOLDINGS: Taps Lazard Freres as Investment Banker
----------------------------------------------------
TK Holdings Inc. seeks approval from the U.S. Bankruptcy Court for
the District of Delaware to hire Lazard Freres & Co. LLC and Lazard
Freres K.K. as investment banker.

The firm will provide these services in connection with the Chapter
11 cases of the company and its affiliates:

     (a) reviewing and analyzing the business, operations and
         financial projections of the Debtors or their corporate
         parent Takata Corporation;

     (b) advising Takata or the Debtors regarding any potential
         restructuring transaction;

     (c) advising TK Holdings and Takata on tactics and strategies

         with respect to the OEMs and other stakeholders;

     (d) evaluating the potential debt capacity of Takata and the
         Debtors in light of their projected cash flows;

     (e) assisting Takata and the Debtors in preparing          
         documentation within the firms' area of expertise that is

         required in connection with any restructuring;

     (f) attending meetings of the Boards of Directors of Takata
         and TK Holdings;

     (g) providing testimony if necessary; and

     (h) providing Takata and the Debtors with other financial
         restructuring advice.

The firms will receive a monthly fee of $250,000 and will be
reimbursed for work-related expenses.  

The firms will also be paid a $21 million fee upon consummation of
any restructuring.  A portion of the restructuring fee will be
payable by the Debtors and a portion will be payable by Takata,
with the allocation to be agreed by the earlier of the confirmation
of a plan of reorganization and consummation of a restructuring.

Lazard Freres & Co. and Lazard Frères K.K. are "disinterested " as
defined in section 101(14) of the Bankruptcy Code, according to
court filings.

The firms can be reached through:

     Andrew Yearley
     Lazard Freres & Co. LLC
     30 Rockefeller Plaza
     New York, NY 10020

        - and -

     Lazard Freres K.K.
     Sanno Park Tower, 25th Floor
     11-1, Nagatacho 2-Chome
     Chiyoda-Ku
     Tokyo, Japan 100-6106

                      About Takata Corp

Japan-based Takata Corporation (TYO:7312) --
http://www.takata.com/en/-- develops, manufactures and sells
safety products for automobiles.  The Company offers seatbelts,
airbags, steering wheels, child seats and trim parts.
Headquartered in Tokyo, Japan, Takata operates 56 plants in 20
countries with approximately 46,000 global employees worldwide. The
Company has subsidiaries located in Japan, the United States,
Brazil, Germany, Thailand, Philippines, Romania, Singapore, Korea,
China and other countries.  

Takata Corp. filed for bankruptcy protection in Tokyo and the U.S.,
amid recall costs and lawsuits over its defective airbags.  Takata
and its Japanese subsidiaries commenced proceedings under the Civil
Rehabilitation Act in Japan in the Tokyo District Court on June 25,
2017.  

Takata's main U.S. subsidiary TK Holdings Inc. and 11 of its U.S.
and Mexican affiliates each filed voluntary petitions under
Chapter11 of the U.S. Bankruptcy Code (Bankr. D. Del. Lead Case No.
17-11375) on June 25, 2017.  Together with the bankruptcy filings,
Takata announced it has reached a deal to sell all its global
assets and operations to Key Safety Systems (KSS) for US$1.588
billion.

Nagashima Ohno & Tsunematsu is Takata's counsel in the Japanese
proceedings.  Weil, Gotshal & Manges LLP  and Richards, Layton &
Finger, P.A., are serving as counsel in the U.S. cases.
PricewaterhouseCoopers is serving as financial advisor, and Lazard
is serving as investment banker to Takata.  Ernst & Young LLP is
tax advisor.  Prime Clerk is the claims and noticing agent.

Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal
counsel, KPMG is serving as financial advisor, Jefferies LLC is
acting as lead financial advisor.  UBS Investment Bank also
provides financial advice to KSS.  

On June 28, 2017, TK Holdings, as the foreign representative of the
Chapter 11 Debtors, obtained an order of the Ontario Superior Court
of Justice (Commercial List) granting, among other things,  a stay
of proceedings against the Chapter 11 Debtors pursuant to Part IV
of the Companies' Creditors Arrangement Act.  The Canadian Court
appointed FTI Consulting Canada Inc. as information officer.  TK
Holdings, as the foreign representative, is represented by
McCarthy Tetrault LLP.

The U.S. Trustee has appointed an Official Committee of Unsecured
Trade Creditors and a separate Official Committee of Tort
Claimants.  Pachulski Stang Ziehl & Jones LLP  represents the
Official Committee of Tort Claimants as bankruptcy counsel.

The Official Committee of Unsecured Creditors has selected
Christopher M. Samis, Esq., L. Katherine Good, Esq., and Kevin F.
Shaw, Esq., at Whiteford, Taylor & Preston LLC, in Wilmington,
Delaware; Dennis F. Dunne, Esq., Abhilash M. Raval, Esq., and Tyson
Lomazow, Esq., at Milbank Tweed Hadley & McCloy LLP, in New York;
and Andrew M. Leblanc, Esq., at Milbank, Tweed, Hadley & McCloy
LLP, in Washington, D.C., as its bankruptcy counsel.


TOWN SPORTS: Incurs $410K Net Loss in Second Quarter
----------------------------------------------------
Town Sports International Holdings, Inc., filed with the Securities
and Exchange Commission its quarterly report on Form 10-Q
disclosing a net loss of $410,000 on $99.99 million of revenues for
the three months ended June 30, 2017, compared to net income of
$20.73 million on $100.93 million of revenues for the three months
ended June 30, 2016.

For the six months ended June 30, 2017, Town Sports reported a net
loss of $3.34 million on $199.07 million of revenues compared to
net income of $13.80 million on $202.28 million of revenues for the
same period a year ago.

Town Sports posted net income of $8.04 million for the year ended
Dec. 31, 2016, compared to net income of $21.15 million for the
year ended Dec. 31, 2015.

As of June 30, 2017, Town Sports had $236.6 million in total
assets, $323.5 million in total liabilities and a total
stockholders' deficit of $86.96 million.

The Company experienced declining revenue from members in the past
several years as the fitness industry was highly competitive in the
geographic regions in which the Company competed.  Also, the prior
strategy of converting to a low-cost gym resulted in additional
revenue pressure for the past few years.  New members joined at
lower monthly rates and cancellations of members paying higher
rates negatively impacted the Company's results and liquidity.  In
response to this, the Company implemented cost-savings initiatives
in 2015, 2016 and 2017, which mitigated the impact the decline in
revenue had on its profitability and cash flow from operations.

The Company continues to recover from its prior strategy of
converting to a low-cost gym.  The Company focuses on increasing
membership in existing clubs to increase revenue.  The Company may
consider additional actions within its control, including club
acquisitions, the closure of unprofitable clubs upon lease
expiration, the sale of certain assets and entering into
arrangements with revenue generating partnerships, some of which
will utilize a "shop-in-shop" concept.  The Company may also
consider additional strategic alternatives, including opportunities
to reduce TSI, LLC's existing debt and further cost-savings
initiatives.  The Company's ability to continue to meet its
obligations is dependent on its ability to generate positive cash
flow from a combination of initiatives, including those mentioned
above.  Failure to successfully implement these initiatives could
have a material adverse effect on the Company's liquidity and its
operations, and the Company would need to implement alternative
plans that could include additional asset sales, additional
reductions in operating costs, additional reductions in working
capital, debt restructurings and the deferral of capital
expenditures.  The Company said there can be no assurance that such
alternatives would be available to the Company or that the Company
would be successful in their implementation.

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

                     https://is.gd/Lbew9G

                       About Town Sports

Town Sports International Holdings, Inc. is the owner and operator
of fitness clubs in the Northeast and mid-Atlantic regions of the
United States and, through its subsidiaries, operated 149 fitness
clubs as of June 30, 2017, comprising 102 New York Sports Clubs, 28
Boston Sports Clubs, 11 Washington Sports Clubs (one of which is
partly-owned), five Philadelphia Sports Clubs, and three clubs
located in Switzerland.  These clubs collectively served
approximately 549,000 members as of June 30, 2017.

                          *    *    *

As reported by the TCR on May 10, 2016, S&P Global Ratings said
that it affirmed its corporate credit rating on New York City-based
Town Sports International Holdings Inc. at 'CCC+'.  The rating
outlook is negative.  The 'CCC+' corporate credit rating
affirmation reflects a highly leveraged capital structure that S&P
believes is unsustainable over the long term, the ongoing risk of a
conventional default, and the risk of another type of distressed
debt restructuring in the future.

The TCR reported on May 10, 2017, that Moody's Investors Service
changed the ratings outlook for the debt of Town Sports
International Holdings, Inc. to stable from negative.  At the same
time, Moody's affirmed the Company's Corporate Family Rating (CFR)
and Probability of Default Rating (PDR) at 'Caa2' and 'Caa2-PD',
respectively, and its Speculative Grade Liquidity Rating at SGL-3,
while also upgrading the company's senior secured credit facilities
rating to 'Caa1' from 'Caa2'.  Town Sports' Speculative Grade
Liquidity Rating is SGL-3.  According to Moody's analyst David
Berge, "Town Sports has made progress in stabilizing the fee-based
portion of its revenue stream, which is an important early step in
the company's recovery.  The ability to grow its membership base
while demonstrating the viability of its pricing strategy in the
highly-competitive fitness club sector will be key to future
improvement in the company's credit profile."


TOWN SPORTS: May Issue 2 Million Shares Under 2006 Incentive Plan
-----------------------------------------------------------------
Town Sports International Holdings, Inc., filed a Form S-8
registration statement with the Securities and Exchange Commission
to register an additional 2,000,000 shares of common stock under
the Company's 2006 Stock Incentive Plan (as amended and restated
effective as of April 2, 2015, and as further amended effective as
of March 22, 2017).

On May 10, 2017, at the 2017 Annual Meeting of Stockholders of Town
Sports, the Company's shareholders approved an amendment to the
Town Sports International Holdings, Inc. 2006 Stock Incentive Plan
(as amended and restated effective as of April 2, 2015) effective
as of March 22, 2017.  The Amendment provides that the number of
shares of the Company's common stock, par value $0.001, which may
be granted under the Plan will be increased by 2,000,000 Shares in
addition to the 4,500,000 Shares which were previously authorized
for issuance under the Plan.

A full-text copy of the Form S-8 prospectus is available at:

                     https://is.gd/AwevSP

                      About Town Sports

Town Sports International Holdings, Inc. is the owner and operator
of fitness clubs in the Northeast and mid-Atlantic regions of the
United States and, through its subsidiaries, operated 149 fitness
clubs as of June 30, 2017, comprising 102 New York Sports Clubs, 28
Boston Sports Clubs, 11 Washington Sports Clubs (one of which is
partly-owned), five Philadelphia Sports Clubs, and three clubs
located in Switzerland.  These clubs collectively served
approximately 549,000 members as of June 30, 2017.

Town Sports posted net income of $8.04 million for the year ended
Dec. 31, 2016, compared to net income of $21.15 million for the
year ended Dec. 31, 2015.

As of June 30, 2017, Town Sports had $236.56 million in total
assets, $323.52 million in total liabilities and a total
stockholders' deficit of $86.96 million.

                           *    *    *

As reported by the TCR on May 10, 2016, S&P Global Ratings said
that it affirmed its corporate credit rating on New York City-based
Town Sports International Holdings Inc. at 'CCC+'.  The rating
outlook is negative.  The 'CCC+' corporate credit rating
affirmation reflects a highly leveraged capital structure that S&P
believes is unsustainable over the long term, the ongoing risk of a
conventional default, and the risk of another type of distressed
debt restructuring in the future.

The TCR reported on May 10, 2017, that Moody's Investors Service
changed the ratings outlook for the debt of Town Sports
International Holdings, Inc., to stable from negative.  At the same
time, Moody's affirmed the Company's Corporate Family Rating (CFR)
and Probability of Default Rating (PDR) at 'Caa2' and 'Caa2-PD',
respectively, and its Speculative Grade Liquidity Rating at SGL-3,
while also upgrading the company's senior secured credit facilities
rating to 'Caa1' from 'Caa2'.  Town Sports' Speculative Grade
Liquidity Rating is SGL-3.  According to Moody's analyst David
Berge, "Town Sports has made progress in stabilizing the fee-based
portion of its revenue stream, which is an important early step in
the company's recovery.  The ability to grow its membership base
while demonstrating the viability of its pricing strategy in the
highly-competitive fitness club sector will be key to future
improvement in the company's credit profile."


TRANSOCEAN INC: Moody's Revises Outlook to Neg. & Affirms B2 CFR
----------------------------------------------------------------
Moody's Investors Service changed Transocean, Inc. (Transocean)'s
rating outlook to negative from stable. At the same time, Moody's
affirmed Transocean's B2 Corporate Family Rating (CFR), its B2-PD
Probability of Default Rating, its B1/Caa1 senior unsecured
ratings, and its SGL-1 Speculative Grade Liquidity Rating.

"The negative outlook reflects Moody's concerns that recovery of
the offshore drilling market won't begin in earnest until at least
2019, which would lead to further deterioration in Transocean's
cash flow and credit metrics," observed John Thieroff, Moody's Vice
President. "While Transocean enjoys excellent liquidity, its $3
billion unsecured revolving credit facility matures mid-2019,
raising concerns about the size and structure of the company's
revolver upon renegotiation," Thieroff further noted.

Affirmations

Issuer: Transocean Inc.

-- Corporate Family Rating, Affirmed B2

-- Probability of Default Rating, Affirmed B2-PD

-- Speculative Grade Liquidity Rating, Affirmed SGL-1

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

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

Outlook Actions:

-- Outlook, Changed to Negative from Stable

RATINGS RATIONALE

Transocean's B2 CFR reflects Moody's expectation that the company's
financial leverage will rise substantially in 2018 based on runoff
of premium-priced contracts and Moody's outlook for very weak
dayrates and stagnant rig utilization through at least 2018. The
company has more new rig construction commitments than many of its
peers, although most of the newbuild spending has been deferred
into 2020. The B2 rating is supported by the company's
industry-leading $10.2 billion revenue backlog as of July 25, 2017
and proactive measures it has taken to reduce operating costs,
address debt maturities and enhance operational utilization for its
active rigs. The rating also benefits from Transocean's very good
liquidity and a fleet that makes it the largest participant in the
deepwater drilling market.

The B1 rating on Transocean's $1.25 billion senior notes due 2023
is one notch higher than the B2 CFR, reflecting the notes'
structurally superior position in Transocean's capital structure
relative to the remaining senior notes and unsecured revolving
credit facility. The 2023 notes are guaranteed by intermediate
holding company subsidiaries, effectively giving these notes a
priority claim to the assets held by Transocean's operating and
other subsidiaries. Transocean's remaining senior notes are rated
Caa1, or two notches below the B2 CFR, reflecting their lack of
security or subsidiary guarantees. As a result, these notes claim
to the assets held by Transocean's operating and other subsidiaries
will be subordinate to the 2023 notes. Given the potential for the
revolver to become pari passu with the 2023 notes or even secured
in the future as well as the possibility of additional secured debt
issuances, Moody's believes the B1 and Caa1 ratings on Transocean's
unsecured notes are more appropriate than what is suggested by
Moody's Loss Given Default methodology.

Transocean's SGL-1 Speculative Grade Liquidity rating reflects very
good liquidity through 2018 because of its sizable cash balance and
borrowing availability under its credit facility. Pro forma the May
2017 jackup fleet divestiture and the recent notes tender, the
company had $2.2 billion of unrestricted cash at March 31, 2017 and
full availability under its $3.0 billion revolving credit facility,
which Moody's expects to remain undrawn through 2018. Operating
cash flow and balance sheet cash should amply cover anticipated
capital expenditures and debt maturities through 2018. Capital
spending is expected to be moderate until 2020 when Transocean is
expected to spend about $950 million to complete two drillships.
The company has undertaken three secured note issues since October
2016, each secured by a newly constructed drillship to partially
finance construction of the rigs, allowing the company to preserve
cash during an extended market trough.

At March 31, 2017, pro forma its recent notes tender and open
market repurchases, Transocean had manageable debt maturities of
$153 million, $401 million and $292 million in 2017, 2018, and
2020, respectively, with none in 2019. The unsecured bank revolving
credit facility matures in June 2019 and has one financial
maintenance covenant, limiting debt to capitalization to 60%. There
is sufficient headroom to remain in compliance through 2018. Asset
sales, while challenging given the market conditions for offshore
drilling rigs, can be used to raise cash since most of the
company's assets are unencumbered, as evidenced by the company's
sale of its jackup fleet to Borr Drilling in May 2017.

The outlook is negative, reflecting Moody's concerns that
meaningful and sustained offshore drilling recovery, particularly
in the deepwater, could lag into 2019. The ratings could be
downgraded if it appears Debt/EBITDA won't fall below 8x in 2019 or
EBITDA/Interest coverage approaches 1.5x. A material loss of
backlog could also pressure the ratings. An upgrade is unlikely
given Moody's expectations for rising financial leverage over the
next few years. An upgrade is unlikely given Moody's expectations
for rising financial leverage and weak industry conditions over the
next few years. If Transocean can sustain Debt/EBITDA below 6x
beyond 2018 in an improving offshore drilling market while
maintaining at least adequate liquidity, including extending its
credit facility such that the 2020 maturity and capital spending
are covered while maintaining sufficient excess capacity, an
upgrade could be considered.

The principal methodology used in these ratings was Global Oilfield
Services Industry Rating Methodology published in May 2017.


TRIGEE FOUNDATION: Motion for Protective Order Granted
------------------------------------------------------
Trigee Foundation, Inc., has filed a Motion for Protective Order,
seeking to be relieved from any obligation to comply with the
Subpoena and Notice of Deposition Duces Tecum issued by Lerch,
Early & Brewer, Chtd, for purposes of collecting fees that this
court awarded to Lerch Early. The orders awarding compensation to
Lerch Early were not monetary judgments.

Judge S. Martin Teel, Jr. of the U.S. Bankruptcy Court for the
District of Columbia issued an order granting the debtor's Motion
for Protective Order.

Judge Teel also ordered that the debtor is relieved from any
obligation to comply with the Subpoena and Notice of Deposition
Duces Tecum issued by Lerch Early.

It is also ordered that there being no monetary judgment against
the debtor, Lerch Early is not entitled at this juncture to pursue
discovery from the debtor under Fed. R. Civ. P. 69(a)(2).

The bankruptcy case is In re TRIGEE FOUNDATION, INC., (Chapter 11),
Debtor, Case No. 12-00624 (Bankr. D.C.).

A copy of Judge Teel's Memorandum Decision and Order dated July 26,
2017, is available at https://is.gd/hlpPCA from Leagle.com.

Trigee Foundation Inc, Debtor In Possession, represented by
Geoffrey H. Genth -- ggenth@kg-law.com -- Kramon & Graham, P.A..
Jeffrey M. Orenstein, Wolff & Orenstein, LLC. Jeffrey M. Sherman --
jeffreymsherman@gmail.com -- Law Offices of Jeffrey M. Sherman.

U. S. Trustee for Region Four, U.S. Trustee, represented by Joseph
A. Guzinski -- joseph.a.guzinski@usdoj.gov -- U. S. Trustee's
Office

                 About Trigee Foundation

Washington, DC-based Trigee Foundation Inc. -- dba Minnesota
Terrace Apartments, ta Oasis Realty Service -- sought Chapter 11
protection (Bankr. D.D.C. Case No. 12-00624) on Sept. 13, 2012.
The case is a "single asset real estate" case.  Judge S. Martin
Teel, Jr. oversees the case.  Jeffrey M. Sherman, Esq. --
jmsherman@lerchearly.com -- at Lerch, Early & Brewer, serves as
the Debtor's counsel. In its petition, the Debtor estimated under
$10 million in both assets and debts.  The petition was signed by
Johnnie Mae Durant.


TXCC INC: Sale of All Assets in 5 Restaurants for $675K Approved
----------------------------------------------------------------
Judge Brenda T. Rhoades of the U.S. Bankruptcy Court for the
Eastern District of Texas partially authorized TX. C.C., Inc. and
affiliates to sell to TX CC Acquisition, LLC, formerly known as RRG
2011 Investments, LLC, substantially all of their restaurant
assets: (i) Restaurant No. 6130, Knightdale, North Carolina; (ii)
Restaurant No. 6423, Orlando, Florida; (iii) Restaurant No. 7102,
Austin, Texas; (iv) Restaurant No. 7104, San Antonio, Texas; and
(v) Restaurant No. 7140, Branson, Missouri for $675,000, subject to
adjustments.

A hearing on the Motion is set for July 24, 2017.

The final maximum amounts to assume and assign the RRG Leases are:

   a. Restaurant No. 6130: Lessor is Kimco Wakefield Knightdale
Limited Partnership. Cure Amount: $43,971

   b. Restaurant No. 6423: Lessor is Frank Vitentti LAFA
Enterprises Inc. Cure Amount: $83,619

   c. Restaurant No. 7102: Lessor is The Austin Inv. Co Cure
Amount: $92,883

   d. Restaurant No. 7104: Lessor is Drury Southwest, Inc. Cure
Amount: $81,764

   e. Restaurant No. 7140: Lessor is HCW Private Development, LLC
Cure Amount: $26,411

To the extent that any counter-party has failed to timely object to
its cure cost as filed by the Debtors and served to the landlords
or to the assumption/ assignment or designation of its RRG Lease,
the counter-party is deemed to have consented to such cure cost and
the assignment of its respective RRG Lease to RRG pursuant to the
RRG Sale.

When RRG elects to designate a lease as an Assumed RRG Lease, RRG
will notify the landlord and the Debtor of such designation.  The
Debtor will then notify the non-debtor party to the RRG Lease and
file such notice with the Court.  The notice will include a
proposed assumption order setting forth the cure amount.  To the
extent that a counterparty timely objected, a hearing on the
subject RRG Designated Lease will be held no later than Sept. 12,
2017.

RRG will pay any cure costs associated with an RRG Lease
contemporaneously with the assumption and assignment of the subject
RRG Lease.

Except as provided in the Sale Order, and subject to the payment of
cure costs as set forth, the Debtors are authorized and directed to
assume and assign to RRG, effective upon the date that the leases
are assumed and assigned, the RRG Assumed Leases, free and clear of
all RRG Liens, RRG Claims, and other interests of any kind or
nature whatsoever.

These provisions govern the payment of cure costs with respect to
the Assumed Leases and the Designated Leases:

   a. The assumption of any RRG Lease may occur only upon the
payment to the non-debtor party of the cure cost that is set forth
or as may otherwise be agreed between RRG and a non-debtor party
and announced by supplement to the Sale Order.

   b. The amounts set forth reflect the sole amounts necessary to
cure all monetary defaults and pay all pecuniary losses under the
RRG Leases.

   c. The purchase price paid by RRG includes cure costs for the
RRG Designated Leases that are part of the RRG Transaction
Documents.  RRG, upon assumption and assignment of the RRG
Designated Leases, will then pay from the withheld purchase price
funds to the relevant RRG Lessors the funds necessary to cure those
RRG Designated Leases in accordance with the RRG Transaction
Documents.

   d. During the period between the Closing of the Sale and the
date that each Designated Lease is assumed or rejected, the
automatic stay will continue to be in effect.

Upon the Debtors' assumption/assignment and/or designation of the
RRG Leases to RRG, pursuant to the RRG Transaction Documents and
under the provisions of the Sale Order and the payment of any Cure
Costs pursuant to the terms thereof and any additional orders of
the Court, with respect to the RRG Assumed Leases at the RRG
Closing and with respect to the RRG Designated Leases upon later
assumption and assignment, no default will exist under any RRG
Leases.

Beginning and including the date of the RRG Closing, until the date
upon which RRG elects to have an RRG Designated Lease assumed or
rejected by the Debtors, RRG will compensate the respective RRG
Lessor for all rental obligations due on the Debtors' behalf which
is applicable to the Designation Term, including any common area
maintenance charges, other charges and pass-throughs (e.g. trash,
utilities) under the Designated Lease, and any and all taxes which
may accrue as to a given RRG Lessor in the ordinary course of the
operation of its business during the period between the RRG Closing
and its election as to the assumption or rejection of a RRG
Designated Lease.

Notwithstanding any inconsistent provision in the Sale Order or the
RRG APA, if RRG elects to have an RRG Designated Lease assumed by
the Debtors, RRG will assume obligations on behalf of the
respective RRG Lessor which have accrued during the Designation
Term but which have not become due as of the date RRG elects to
have the Debtors assume the specific RRG Designated Lease.  This
obligation will extend to year-end adjustments affecting such
obligations.

During the Designation Term, RRG will assume all insurance
obligations which have accrued as to the respective RRG Lessor,
undertaking the same insurance obligations as if RRG was itself the
tenant.  Furthermore, during the Designation Period, RRG will
comply with all of the lease provisions as if RRG was the tenant.

To the extent that Debtors receive any funds relating to business
conducted at any Restaurant (including Restaurants relating to each
RRG Designated Lease notwithstanding the fact that the election to
assume or reject has not been made by RRG) on or after the
effective date of the RRG Closing, then (i) such funds at no point
will constitute property of the estates of the Debtors, (ii) the
Debtors will be obligated to pay such funds to RRG to the extent
constituting RRG Assets and such obligation will be deemed to be an
administrative obligation of the Debtors; and (iii) the Debtors
will and are authorized to pay such amounts to RRG of such
Restaurant location (including Restaurants relating to each RRG
Designated Lease notwithstanding the fact that the election to
assume or reject has not been made by RRG), without seeking further
authority from the Court.

All sales proceeds or other payments made to the Debtors under the
Sale Order and/or the RRG Transaction Documents, but not including
any payments made under any interim management or operations
agreement, will be forwarded to the trust account of Weycer Kaplan
Pulaski & Zuber, P.C. and thereafter will be moved, used, or
otherwise allocated only upon further Order of the Court.

The ad valorem real property taxes, if any, for year 2017 (with
accrual beginning on Jan. 1, 2017) pertaining to the RRG Assets
will be prorated in accordance with the RRG Transaction Documents
and will become the responsibility of RRG and the year 2017 ad
valorem real property tax lien will be retained against the RRG
Assets until said taxes are paid in full.  Notwithstanding the
foregoing, with respect to RRG Designated Leases in which the taxes
are paid on an annual basis, RRG will have no liability for year
2017 ad valorem taxes unless and until one or more of the RRG
Designated Leases are assumed by the Debtors and assigned to RRG.
If the tax obligations for the RRG Designated Lease are escrowed or
paid monthly, RRG will be responsible for the monthly payments
which accrue during the Designation Term.  If the applicable RRG
Designated Lease is rejected, then RRG will have no liability with
respect to such RRG Designated Lease.  RRG will be responsible for
all 2017 business personal property taxes.

As to the RRG Assets, the liens of the Tax Authorities for taxes
prior to 2017 and for 2017 through the Closing Date will attach to
the sale proceeds with the same validity, extent, and priority as
existed on their collateral prior to the sale.  The balance of the
2017 taxes on the RRG Assets will be assumed and paid timely by
RRG.  Except as provided in the Sale Order and the RRG Transaction
Documents, no funds will be distributed to any party except upon
further order of the Court.  The claims and liens of the Tax
Authorities will remain subject to any objection any party would
otherwise be entitled to raise.

With respect to Williamson County, notwithstanding anything to the
contrary contained in the Order, for taxes prior to 2017 all liens
of Williamson County, Texas will attach to the gross sale proceeds
with the same validity, priority and extent that they attached to
any assets sold.

With respect to any and all other tax authorities not enumerated
above, the liens of the Tax Authorities for taxes prior to 2017
will attach to the sale proceeds with the same validity, extent,
and priority as existed on their collateral prior to the sale.

For cause shown, pursuant to Bankruptcy Rules 6004(h) and 7062(g),
the Sale Order will not be stayed, will be effective immediately
upon entry, and the Debtors and RRG are authorized to close the
sale of the RRG Assets immediately upon its entry.

                       About TX.C.C., Inc.

TX.C.C., Inc., et al., own and operate two steakhouse dining
concepts, Texas Land & Cattle and Lone Star Steakhouse & Saloon.
The Debtors currently operate a total of 29 locations across the
two brands.

TX.C.C. filed a Chapter 11 bankruptcy petition (Bankr. E.D.Tex.
Case No. 17-40297) on Feb. 13, 2017.  The petition was signed by
Timothy Dungan, president.  In its petition, the Debtor estimated
$0 to $50,000 in assets and $1 million to $10 million in
liabilities.  The Hon. Brenda T. Rhoades presides over the case.

These affiliates also filed for Chapter 11 bankruptcy protection:

  a. Texas Land & Cattle of Fairview, LLC (Bankr. E.D. Tex.
     Case No. 17-40300) and Lone Star Steakhouse & Saloon of
     Springfield, Inc. (E.D. Tex. Case No. 17-40303) on Feb. 13;

  b. Lone Star Steaks, Inc. (E.D. Tex. Case No. 17-40330) on
     Feb. 17, 2017;

  c. Texas Land & Cattle Steakhouse of North Carolina, Inc.
     (E.D. Tex. Case No. 17-40332) and TXLC of Arlington II,
     LLC (E.D. Tex. Case No. 17-40333) on Feb. 18, 2017.

  d. Lone Star Steakhouse & Saloon of Southern Missouri
     (E.D. Tex. Case No. 17-40334) Lone Star Steakhouse &
     Saloon of Florida, Inc. (E.D. Tex. Case No. 17-40335)
     and TXLC of Missouri, Inc. (E.D. Tex. Case No. 17-40336)
     on Feb. 19, 2017;

  e. Lone Star Steakhouse & Saloon of Michigan, Inc. (E.D. Tex.
     Case No. 17-40339), Lone Star Steakhouse & Saloon of
     Mississippi, Inc. (E.D. Tex. Case No. 17-40340) and Lone
     Star Steakhouse & Saloon of Oklahoma, Inc. (E.D. Tex. Case
     No. 17-40341) on Feb. 20, 2017;

  f. Lone Star Steakhouse & Saloon of Ohio, Inc. (E.D. Tex.
     Case No. 17-40342) on Feb. 21, 2017;

  g. TX LC Liquor Company (E.D. Tex. Case No. 17-40443) on
     March 3, 2017; and

  h. LS Management, Inc. (E.D. Tex. Case No. 17-40508) on
     March 8, 2017.

The cases are jointly administered.

No trustee, examiner, or statutory creditors' committee has been
appointed in these Chapter 11 cases.


TXCC INC: Sale of All Frisco Restaurant Assets for $50K Approved
----------------------------------------------------------------
Judge Brenda T. Rhoades of the U.S. Bankruptcy Court for the
Eastern District of Texas authorized TX. C.C., Inc. and affiliates
to sell substantially all of their restaurant assets at Store 7122,
Texas Land & Cattle, Frisco, Texas ("Frisco Lease") to BRE Retail
Residual Owner 1, LLC, for $50,000 plus postpetition claims not to
exceed $50,000.

A hearing on the Motion is set for July 24, 2017.

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

The Frisco Lease is deemed rejected and is declared terminated as
of the Effective Date set forth therein upon the return of the
Premises to the Landlord and the payment by the Landlord of the sum
of $50,000 or such lesser sum as provided in the Lease Termination
Agreement ("LTA").

A copy of the LTA attached to the Order is available for free at:

      http://bankrupt.com/misc/TX_CC_410_Order.pdf

Any property remaining in the Premises as of the Effective Date
will be deemed abandoned by the Debtors to the Landlord and the
Landlord may use or dispose of same without any further notice or
any liability to Debtors or any third party.

Notwithstanding the foregoing, the Debtors and any third party
claiming an interest in any of such property will be granted 15
days from the Effective Date to remove any of its property (all
such removals to property secure and terminate any connected
utility services).

                       About TX.C.C., Inc.

TX.C.C., Inc., et al., own and operate two steakhouse dining
concepts, Texas Land & Cattle and Lone Star Steakhouse & Saloon.
The Debtors currently operate a total of 29 locations across the
two brands.

TX.C.C. filed a Chapter 11 bankruptcy petition (Bankr. E.D.Tex.
Case No. 17-40297) on Feb. 13, 2017.  The petition was signed by
Timothy Dungan, president.  In its petition, the Debtor estimated
$0 to $50,000 in assets and $1 million to $10 million in
liabilities.  The Hon. Brenda T. Rhoades presides over the case.

These affiliates also filed for Chapter 11 bankruptcy protection:

  a. Texas Land & Cattle of Fairview, LLC (Bankr. E.D. Tex.
     Case No. 17-40300) and Lone Star Steakhouse & Saloon of
     Springfield, Inc. (E.D. Tex. Case No. 17-40303) on Feb. 13;

  b. Lone Star Steaks, Inc. (E.D. Tex. Case No. 17-40330) on
     Feb. 17, 2017;

  c. Texas Land & Cattle Steakhouse of North Carolina, Inc.
     (E.D. Tex. Case No. 17-40332) and TXLC of Arlington II,
     LLC (E.D. Tex. Case No. 17-40333) on Feb. 18, 2017.

  d. Lone Star Steakhouse & Saloon of Southern Missouri
     (E.D. Tex. Case No. 17-40334) Lone Star Steakhouse &
     Saloon of Florida, Inc. (E.D. Tex. Case No. 17-40335)
     and TXLC of Missouri, Inc. (E.D. Tex. Case No. 17-40336)
     on Feb. 19, 2017;

  e. Lone Star Steakhouse & Saloon of Michigan, Inc. (E.D. Tex.
     Case No. 17-40339), Lone Star Steakhouse & Saloon of
     Mississippi, Inc. (E.D. Tex. Case No. 17-40340) and Lone
     Star Steakhouse & Saloon of Oklahoma, Inc. (E.D. Tex. Case
     No. 17-40341) on Feb. 20, 2017;

  f. Lone Star Steakhouse & Saloon of Ohio, Inc. (E.D. Tex.
     Case No. 17-40342) on Feb. 21, 2017;

  g. TX LC Liquor Company (E.D. Tex. Case No. 17-40443) on
     March 3, 2017; and

  h. LS Management, Inc. (E.D. Tex. Case No. 17-40508) on
     March 8, 2017.

The cases are jointly administered.

No trustee, examiner, or statutory creditors' committee has been
appointed in these Chapter 11 cases.


UNITED RENTALS: Moody's Hikes Corporate Family Rating to Ba2
------------------------------------------------------------
Moody's Investors Service upgraded United Rentals (North America),
Inc.'s Corporate Family Rating (CFR) to Ba2 from Ba3 and its
Probability of Default Rating (PDR) to Ba2-PD from Ba3-PD. Moody's
also upgraded the company's senior unsecured debt rating to Ba3
from B1, and its senior subordinated shelf rating to (P)B1 from
(P)B2 while affirming its senior secured notes rating at Ba1.
Moody's affirmed URI's Speculative Grade Liquidity Rating (SGL) at
SGL-2, reflecting good anticipated liquidity. The ratings outlook
is changed to stable from positive. In addition, Moody's assigned a
Ba3 rating to United Rentals' proposed $925 million issuance of
senior unsecured notes. The net proceeds from the notes, together
with approximately $53 million of ABL revolving credit facility
borrowings are expected to be used to redeem the $925 million
6.125% senior notes due 2023. The rating on the notes reflects
their pari passu status along with the company's other unsecured
debt obligations.

RATINGS RATIONALE

URI's upgrade reflects its improved financial metrics post the NES
acquisition and the expectation for continued improvement of the
company's credit quality due to its good margins, strong rental
demand, and the benefits from its ongoing diversification strategy.
Time utilization for Q2 2017 was the highest among all second
quarters in the company's history. URI also increased its 2017
full-year guidance, anticipating strong demand going into the
second half. The rating also reflects the company's national
footprint and very large size relative to its competitors, as well
as the reputational and execution benefits this provides to better
serve large customers, procure equipment at more competitive
prices, and sell used equipment at higher prices that reflect the
company's equipment maintenance program. Moreover, Moody's believes
the slow growth economy benefits URI in that it reduces equipment
manufacturers' pricing leverage and encourages contractors to rent
rather than purchase equipment.

The company has maintained its debt to EBITDA below 3.0 times since
2015 and Moody's expects additional leverage improvement over the
next 12 to 18 months. URI's debt to EBITDA ratio was at 2.9 times
and its EBITDA / Interest ratio was at 5.8 times, respectively, at
June 30, 2017 (inclusive of Moody's standard accounting adjustments
for operating leases).

The SGL-2 Speculative Grade Liquidity Rating reflects URI's good
liquidity profile supported by good free cash flow generation ($1.0
billion generated during the LTM ended June 30, 2017), adequate
revolver availability, and about $338 million cash balances at June
30, 2017. Pro forma for the refinancing transaction, revolving
credit facility availability under the $2.5 billion ABL facility
was about $636 million, net of $40 million in letters of credit, as
of June 30, 2017.

The ratings could be upgraded if the company commits to further
de-leverage from its current leverage targets
(2.5x-3.5x)--specifically, debt to EBITDA anticipated to remain
below 2.0 times and EBITDA to interest trending to be above 7.0
times on a sustainable basis (all numbers on a Moody's adjusted
basis). United Rentals' anticipated allocation of free cash flow
will be an important consideration in a rating upgrade given
history of share repurchases and acquisitions. Positive traction
could be limited by return of cash to shareholders via stock
repurchases depending on its impact on leverage.

The ratings could be adversely affected if debt to EBITDA were
expected to increase toward 3.0 times and deteriorate further,
EBITDA to interest to decrease toward 4.0 times, and/or the
company's liquidity profile to weaken. Ratings could also be
adversely impacted if sales and margins contracted resulting in a
lower return on its fleet. Increased shareholder friendly actions
or a debt financed acquisition that resulted in higher leverage
could also pressure the rating. Moody's notes that the company's
secured notes could be downgraded if total secured debt becomes a
larger percentage of total debt.

The principal methodology used in these ratings was Equipment and
Transportation Rental Industry published in April 2017.

United Rentals, headquartered in Stamford, CT, is an equipment
rental company with a fleet of approximately 430,000 units and
about 960 rental locations across the US and Canada. The company
operates in two business segments. Its General Rentals segment
provides construction, industrial and homeowner equipment; its
Trench Safety, Power & HVAC, and Pump Solutions segment provides
equipment for underground construction, temporary power, climate
control and disaster recovery, and pumps largely for the oil and
gas sector. While the primary source of revenue is from renting
equipment, the company also sells equipment and related parts and
services. Revenues generated during the LTM ended June 30, 2017
were about $6 billion.

The following summarizes rating action:

Moody's assigned the following rating:

Issuer: United Rentals (North America), Inc.

Proposed $925 Million Senior Unsecured Regular Bond/Debenture due
2028, Ba3 (LGD5).

Moody's upgraded the following ratings:

Issuer: United Rentals (North America), Inc.

Corporate Family Rating, Ba2, previously Ba3;

Probability of Default Rating, Ba2-PD, previously Ba3-PD;

Backed Senior Unsecured Regular Bond/Debenture Nov 15, 2024, Ba3
(LGD5), previously B1 (LGD 5);

Senior Unsecured Regular Bond/Debenture Jul 15, 2025, Ba3 (LGD5),
previously B1 (LGD 5);

Senior Unsecured Regular Bond/Debenture due Sept 15, 2026, Ba3
(LGD5), previously B1 (LGD 5);

Backed Senior Unsecured Regular Bond/Debenture due May 15, 2027,
Ba3 (LGD5), previously B1 (LGD 5);

Backed Senior Unsecured Shelf, (P)Ba3, previously (P)B1;

Backed Senior Subordinated Shelf, (P)B1, previously (P)B2

Issuer: UR Financing Escrow Corporation

Senior Unsecured Regular Bond/Debenture Apr 15, 2022, Ba3 (LGD5),
previously B1 (LGD 5).

Moody's affirmed the following ratings:

Issuer: United Rentals (North America), Inc.

Senior Secured Regular Bond/Debenture Jul 15, 2023, Ba1 (LGD 3,
from LGD 2);

Speculative Grade Liquidity Rating, SGL-2.

Outlook actions:

Issuer: United Rentals (North America), Inc.

The outlook was changed to stable from positive.

The following rating will be withdrawn upon close of the
refinancing transaction:

Issuer: United Rentals (North America), Inc.

Backed Senior Unsecured Regular Bond/Debenture Jun 15, 2023, rated
B1 (LGD 5)d


UNITED RENTALS: S&P Rates New $925MM Senior Unsec. Notes 'BB-'
--------------------------------------------------------------
S&P Global Ratings assigned its 'BB-' issue-level rating and '4'
recovery rating to United Rentals (North America) Inc.'s (URNA)
proposed $925 million senior unsecured notes due 2028. The '4'
recovery rating indicates S&P's expectation for average (30%-50%,
rounded estimate: 40%) recovery in the event of a payment default.
URNA is a subsidiary of United Rentals Inc. (URI). URI is the
guarantor of the notes.

All of S&P's other ratings on URNA and URI remain unchanged.

S&P said, "The company plans to use the proceeds from this
issuance, along with drawings under its asset-based lending
facility (ABL), to repay its $925 million 6.125% senior unsecured
notes due 2023 and pay associated call premiums, fees, and
expenses. We plan to withdraw our issue-level rating on the 2023
notes once they have been repaid."

RECOVERY ANALYSIS

S&P said, "We assigned our 'BB-' issue-level rating and '4'
recovery rating to the company's proposed $925 million senior
unsecured notes due 2028.

"All of our other issue-level ratings on the company's senior
secured and unsecured debt remain unchanged."

United Rentals Inc. operates in the competitive and cyclical
construction equipment rental market. Our simulated default
scenario contemplates an unexpected and drastic downturn in
nonresidential construction that severely strains the company's
equipment usage, rental rates, revenue, and cash flow.

S&P said, "Although we believe that URI would likely reorganize
after a default, we use a discrete asset value (DAV) approach to
analyze recovery prospects for general equipment rental providers.
We believe this method provides a conservative estimate of the
likely value available to creditors; however, realization rates
could be lower than we assume if a large quantity of equipment
floods the market.

"Our DAV approach starts with URI's net book values as of June 30,
2017. We assume balance sheet accounts are partially diluted to
reflect the assumed loss of appraised value through additional
depreciation or expected contraction in working capital assets in
the period leading up to the hypothetical default. We then apply
realization rates to the assets, reflecting the friction of selling
or the discounts potential buyers or restructurers would apply in
distressed circumstances. We assume realization rates of 75% for
rental equipment, 80% for unsold accounts receivable (we exclude
the assets and liabilities related to URI's accounts receivable
special purpose entity), 65% for inventory, and 40% for other
property and nonrental equipment."

Simulated default assumptions

-- Simulated year of default: 2021
-- ABL draw: 75%, in line with expected levels after the close of
the transaction

Simplified waterfall

-- Net enterprise value: $4.877 billion
-- Collateral/noncollateral valuation split: 90%/10%
-- Collateral value available to secured creditors: $4.387
billion
-- ABL estimate (75% utilization): $1.863 billion
-- Collateral value available to secured noteholders: $2.523
billion
-- Secured second-lien notes: $1.023 billion
    --Recovery expectations: 90%-100% (rounded estimate: 95%)
-- Total value available to unsecured claims: $1.99 billion
-- Senior unsecured debt and pari passu claims: $4.939 billion
    --Recovery expectations: 30%-50% (rounded estimate: 40%)

Note: All debt amounts above include six months of prepetition
interest. S&P's recovery analysis excludes assets and liabilities
associated with URI's $625 million accounts receivable
securitization facility, which are at a nonrecourse
bankruptcy-remote subsidiary.

Ratings List

  United Rentals (North America) Inc.
   Corporate Credit Rating                         BB-/Stable/--

  New Rating

  United Rentals (North America) Inc.
   $925 million senior notes due 2028              BB-
    Recovery Rating                                4(40%)


US STEEL: Moody's Revises Outlook to Positive & Affirms B3 CFR
--------------------------------------------------------------
Moody's Investors Service changed United States Steel Corporation's
outlook to positive from negative. At the same time, Moody's
affirmed the B3 Corporate Family Rating (CFR) the B3-PD Probability
of Default Rating, the B1 senior secured rating, the Caa1 senior
unsecured rating, including the IRB's ratings and the (P) Caa1
rating on the company's shelf registration for senior unsecured
debt issuance. The Speculative Grade Liquidity Rating is unchanged
at SGL-2.

The change in outlook to positive acknowledges the steps the
company has taken to improve its productivity and efficiency of
operations but more importantly the improved fundamentals for its
US mills operating performance, as evidenced by a significant
turn-around in the company's performance in the quarter ended June
30, 2017. Although better US steel industry fundamentals have
played a part in this improvement, U. S. Steel's focus on each
operating site has also contributed to the improvement. While it is
likely the increase in drilling rig activity may have peaked, given
the recent weakness in oil prices, and automotive sales are
slowing, Moody's expects the company's leverage, as measured by the
debt/EBITDA ratio to improve to about 5x by the end of 2017 versus
the 5.7x position (on a Moody's adjusted basis) for the twelve
months ended March 31, 2017, despite expectations that EBITDA in
the second half of 2017 is unlikely to continue at the pace seen in
the quarter ended June 30, 2017. Nonetheless, the year-on-year
improvement in 2017 will be significant.

Outlook Actions:

Issuer: United States Steel Corporation

-- Outlook, Changed To Positive From Negative

Affirmations:

Issuer: Allegheny County Industrial Dev. Auth., PA

-- Senior Unsecured Revenue Bonds, Affirmed Caa1 to (LGD5) from
    (LGD4)

Issuer: Bucks County Industrial Development Auth., PA

-- Senior Unsecured Revenue Bonds, Affirmed Caa1 to (LGD5) from
    (LGD4)

Issuer: Gulf Coast Waste Disposal Authority, TX

-- Senior Unsecured Revenue Bonds, Affirmed Caa1 to (LGD5) from
    (LGD4)

Issuer: Indiana Finance Authority

-- Senior Unsecured Revenue Bonds, Affirmed Caa1 to (LGD5) from
    (LGD4)

Issuer: Lorain County Port Authority, OH

-- Senior Unsecured Revenue Bonds, Affirmed Caa1 to (LGD5) from
    (LGD4)

Issuer: Ohio Water Development Authority

-- Senior Unsecured Revenue Bonds, Affirmed Caa1 to (LGD5) from
    (LGD4)

Issuer: Southwestern Illinois Development Authority

-- Senior Unsecured Revenue Bonds, Affirmed Caa1 to (LGD5) from
    (LGD4)

Issuer: United States Steel Corporation

-- Probability of Default Rating, Affirmed B3-PD

-- Corporate Family Rating, Affirmed B3

-- Senior Unsecured Shelf, Affirmed (P)Caa1

-- Senior Secured Regular Bond/Debenture, Affirmed B1 (LGD2)

-- Senior Unsecured Regular Bond/Debenture, Affirmed Caa1to
    (LGD5) from (LGD4)

RATINGS RATIONALE

The B3 CFR considers U. S. Steel's elevated leverage, low interest
coverage and weak operating margins. While fundamentals for the
steel industry have strengthened with overall higher capacity
utilization and prices, and the drilling rig count has been
increasing from severe lows, these favorable trends have only been
slowly reflected in U. S. Steel's performance. However, the
company's performance for the quarter ended June 30, 2017, of
roughly $340 million in EBITDA (unadjusted), reflecting a
significant improvement on a sequential basis over the approximate
$67 million in the first quarter. While Moody's expects the second
half of 2017 may not replicate the performance of the June quarter,
the company's ability to generate more solid results than seen in
recent years is viewed as sustainable.

The rating also reflects Moody's expectations that the steel and
oil & gas industry fundamentals will remain better than evidenced
in 2016 although some pressure to the downside is expected in the
remaining months of 2017.

The rating considers U. S. Steel's relatively high costs as a
percentage of sales given the less than optimal fixed cost
absorption capability on reduced production and shipment levels as
well as its material exposure to the OCTG market. The company's
rating favorably considers its position as a leading North American
flat-rolled steel producer whose footprint is further enhanced by
its diversification in Central Europe. The rating also benefits
from the company's good liquidity profile.

The positive outlook reflects Moody's expectations that U.S. Steel
will be able to run at a higher earnings and EBITDA rate than
achieved in recent years. The outlook also considers that
performance in the balance of 2017 and into 2018 could moderate
from the levels achieved in the second quarter of 2017. In
addition, there remain a number of event drivers, such as the
Section 232 review and other trade cases pending that will impact
the US steel's industry performance and U.S. Steel's performance as
well.

U. S. Steel's ratings could be upgraded should the company
demonstrate that it can achieve and maintain leverage, as measured
by the debt/EBITDA ratio of no more than 4.5x and EBIT/interest of
at least 2x while continuing to maintain a solid liquidity
position. The ratings could be downgraded if performance over the
near term does not show improving trends such that EBIT/interest is
below 1.5x and leverage does not moderate to at least 5.5x. Ratings
could also be downgraded should liquidity contract meaningfully or
if market conditions reverse or deteriorate from current more
favorable conditions.

The SGL-2 speculative grade liquidity rating reflects the company's
solid cash position of $1.5 billion at June 30, 3017 and
availability under its $1.5 billion asset based revolving credit
facility. Availability at June 30, 2017 was just under the facility
size as the level of receivables and inventory as calculated under
the borrowing base did not fully support the $1.5 billion. The
facility requires the company to maintain a 1:1 fixed charge
coverage ratio should availability be less than $150 million. The
company met this coverage ratio for the four quarters ended June
30, 2017.The facility matures in July 2020 but can be accelerated
91 days prior to the maturity of any senior debt outstanding if
certain liquidity conditions are not met.

U. S. Steel also has a Euro 200 million unsecured credit facility
(no borrowings) at its USSK subsidiary in Europe, which expires in
July 2020 and other smaller facilities at USSK.



WALL ST. RECYCLING: Taps Brouse McDowell as Legal Counsel
---------------------------------------------------------
Wall St. Recycling L.L.C. seeks approval from the U.S. Bankruptcy
Court for the Northern District of Ohio to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire Brouse McDowell, LPA to, among other
things, give legal advice regarding its duties under the Bankruptcy
Code; assist in the sale of some or all of its assets if necessary;
and prepare a plan of reorganization.

The attorneys and staff expected to assist the Debtor and their
hourly rates are:

     Marc Merklin         $425
     Kate Bradley         $325
     Bridget Franklin     $300
     Theresa Palcic       $170

The Debtor paid the firm a retainer of $75,000 prior to the
petition date.

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

The firm can be reached through:

     Marc B. Merklin, Esq.
     Kate M. Bradley, Esq.
     Bridget A. Franklin, Esq.
     Brouse McDowell, LPA
     388 S. Main Street, Suite 500
     Akron, OH 44311
     Tel: (330) 535-5711
     Fax: (330) 253-8601
     Email: mmerklin@brouse.com
     Email: kbradley@brouse.com
     Email: bfranklin@brouse.com

                    About Wall St. Recycling

Wall St. Recycling -- http://wallstreetrecycling.com/-- is a buyer
and seller of ferrous and nonferrous scrap metals including copper,
aluminum, brass, stainless, cast, iron and steel.  Founded in 2000
as a small nonferrous yard located in Ravenna, Ohio, the Debtor has
grown steadily over the years into a full service recycling
company.  Its facility is open to the public with unloading
assistance available if needed.  John Joseph, Robert Murray and
Michael Ambrose each owns 33.33% of the Debtor.

Wall St. Recycling L.L.C., a/k/a Wall Street Recycling LLC, filed a
Chapter 11 petition (Bankr. N.D. Ohio Case No. 17-51701) on July
19, 2017.  Robert Murphy, member, signed the petition.  The Debtor
estimated assets and liabilities ranging between $1 million and $10
million.  The case is assigned to Judge Alan M. Koschik.


WELLMAN DYNAMICS: Can Continue Using Cash Through Aug. 25
---------------------------------------------------------
Judge Anita L. Shodeen of the U.S. Bankruptcy Court for the
Southern District of Iowa authorized  Wellman Dynamics Corporation
to continue using the cash collateral of TCTM Financial FS, LLC
through August 25, 2017.

The Debtor is authorized to use cash collateral pursuant to and
upon the same terms as those previously agreed to by TCTM Financial
and the Official Committee of Unsecured Creditors in the
Stipulation and Consent Order approved by the Court in its Order
dated May 11, 2017.

The approved Budget for the four week period reflects total
operating cash disbursements of $3,313,632 for weeks ending August
4 through August 25, 2017. The Debtor will maintain a $600,000
minimum cash balance.

A full-text copy of the Order, dated July 25, 2017, is available at
https://is.gd/kJlLjN

                   About Fansteel and Affiliates

Headquartered in Creston, Iowa, Fansteel, Inc., operates four
business units at four locations in the USA and one in Mexico with
a workforce of more than 600 employees.  Fansteel generated
approximately $87.4 million in revenue in 2015 on a consolidated
basis.  Wellman Dynamics Corporation contributed 67% of Fansteel's
sales.  The rest of the sales are generated from Intercast, a
division of Fansteel, and other non-debtor subsidiaries.

Fansteel, Wellman Dynamics and Wellman Dynamics Machinery &
Assembly, Inc. filed Chapter 11 petitions (Bankr. S.D. Iowa Case
Nos. 16-01823, 16-01825 and 16-01827) on Sept. 13, 2016.  The
petitions were signed by Jim Mahoney, CEO.  The cases are assigned
to Judge Anita L. Shodeen.  The Debtors disclosed total assets of
$32.9 million and total debt of $41.97 million.

The companies tapped Jeffrey D. Goetz, Esq., and Krystal R.
Mikkilineni, Esq., at Bradshaw, Fowler, Proctor & Fairgrave, P.C.,
as counsel; RSM US LLP as tax advisor; Jeffrey Sands and Dorset
Partners, LLC as business broker; and Mark J. Steger, Esq., at the
Clark Hill Law Firm as Environmental Counsel.

The companies filed motions to jointly administer the cases
pursuant to Bankruptcy Rule 1015(b), and the court ordered the
joint administration on Oct. 17, 2016.  The court subsequently
entered an order on May 24, 2017, vacating its Oct. 17 order and
discontinuing the joint administration of the cases under the lead
case of Fansteel.

On Sept. 23, 2016, the U.S. Trustee for Region 12 appointed an
official committee of unsecured creditors in Fansteel's bankruptcy
case.  The committee retained Morris Anderson & Associates, Ltd.,
as financial advisor; and Archer & Greiner, P.C. and Nyemaster
Goode, P.C., as counsel.

In March 2017, the U.S. trustee announced that the unsecured
creditors' committee of Fansteel would no longer serve as the
official committee in its case and that it would be reconstituted
as the official committee of unsecured creditors in the Chapter 11
cases of Wellman Dynamics and Wellman Dynamics Machinery.  As of
March 22, 2017, a new creditors' committee has not yet been
appointed in Fansteel's bankruptcy case.

Wellman Dynamics filed a Chapter 11 plan of reorganization and
disclosure statement on Jan. 11, 2017.  On May 8, 2017, the
creditors' committee of Wellman Dynamics filed a rival Chapter 11
plan of liquidation for the company.


WELLMAN MACHINING: Can Use TCTM Cash Through Aug. 25
----------------------------------------------------
Judge Anita L. Shodeen of the U.S. Bankruptcy Court for the
Southern District of Iowa authorized Wellman Dynamics Machining &
Assembly Inc. to continue using the cash collateral of TCTM
Financial FS, LLC through August 25, 2017.

The Debtor is authorized to use cash collateral pursuant to and
upon the same terms as those previously agreed to by TCTM Financial
and the Official Committee of Unsecured Creditors in the
Stipulation and Consent Order approved by the Court in its Order
dated May 11, 2017.

The approved Budget for the four week period reflects total
operating cash disbursements of $278,760 for weeks ending August 4
through August 25, 2017. The Debtor will maintain $50,000 minimum
cash balance.

A full-text copy of the Order, dated July 25, 2017, is available at
https://is.gd/wAZrU7

                   About Fansteel and Affiliates

Headquartered in Creston, Iowa, Fansteel, Inc., operates four
business units at four locations in the USA and one in Mexico with
a workforce of more than 600 employees. Fansteel generated
approximately $87.4 million in revenue in 2015 on a consolidated
basis.  Wellman Dynamics Corporation contributed 67% of Fansteel's
sales.  The rest of the sales are generated from Intercast, a
division of Fansteel, and other non-debtor subsidiaries.

Fansteel, Inc., Wellman Dynamics Corporation, and Wellman Dynamics
Machinery & Assembly, Inc., filed Chapter 11 petitions (Bankr. S.D.
Iowa Case Nos. 16-01823, 16-01825 and 16-01827) on Sept. 13, 2016.
The petitions were signed by Jim Mahoney, CEO.  The Debtors
disclosed total assets of $32.9 million and total debt of $41.97
million.  The cases are assigned to Judge Anita L. Shodeen.

The Debtors tapped Jeffrey D. Goetz, Esq., and Krystal R.
Mikkilineni, Esq., at Bradshaw, Fowler, Proctor & Fairgrave, P.C.,
as counsel; RSM US LLP as tax advisor; Jeffrey Sands and Dorset
Partners, LLC, as business broker; and Mark J. Steger, Esq., at the
Clark Hill Law Firm, as Environmental Counsel.

The Debtors filed motions to jointly administer the cases pursuant
to Bankruptcy Rule 1015(b), and the Court entered an order
authorizing joint administration on Oct. 17, 2016.  The Court
subsequently entered an order on May 24, 2017, vacating its prior
order granting joint administration and discontinuing the joint
administration of the Debtors' cases under the lead case of
Fansteel.

The U.S. Trustee for Region 12 on Sept. 23, 2016, appointed nine
creditors of Fansteel Inc. to serve on the official committee of
unsecured creditors.  The Official Committee retained Morris
Anderson & Associates, Ltd., as financial advisor, and Archer &
Greiner, P.C. and Nyemaster Goode, P.C., as counsel.  

The Troubled Company Reporter has earlier reported that the U.S.
trustee for Region 12 announced that the nine-member unsecured
creditors' committee of Fansteel, Inc., will no longer serve as the
official committee in the company's Chapter 11 case.  The
bankruptcy watchdog added that it will be reconstituted as the
official committee of unsecured creditors in the Chapter 11 cases
of Wellman Dynamics Corp. and Wellman Dynamics Machinery &
Assembly, Inc.  In a filing March 22, 2017, the U.S. trustee
disclosed that a new creditors' committee has not yet been
appointed in Fansteel's bankruptcy case.

The companies tapped Jeffrey D. Goetz, Esq., and Krystal R.
Mikkilineni, Esq., at Bradshaw, Fowler, Proctor & Fairgrave, P.C.,
as counsel; RSM US LLP as tax advisor; Jeffrey Sands and Dorset
Partners, LLC as business broker; and Mark J. Steger, Esq., at the
Clark Hill Law Firm as Environmental Counsel.

The companies filed motions to jointly administer the cases
pursuant to Bankruptcy Rule 1015(b), and the court ordered the
joint administration on Oct. 17, 2016.  The court subsequently
entered an order on May 24, 2017, vacating its Oct. 17 order and
discontinuing the joint administration of the cases under the lead
case of Fansteel.

On Sept. 23, 2016, the U.S. Trustee for Region 12 appointed an
official committee of unsecured creditors in Fansteel's bankruptcy
case.  The committee retained Morris Anderson & Associates, Ltd.,
as financial advisor; and Archer & Greiner, P.C., and Nyemaster
Goode, P.C., as counsel.

In March 2017, the U.S. trustee announced that the unsecured
creditors' committee of Fansteel would no longer serve as the
official committee in its case and that it would be reconstituted
as the official committee of unsecured creditors in the Chapter 11
cases of Wellman Dynamics and Wellman Dynamics Machinery.  As of
March 22, 2017, a new creditors' committee has not yet been
appointed in Fansteel's bankruptcy case.

Wellman Dynamics filed a Chapter 11 plan of reorganization and
disclosure statement on Jan. 11, 2017.  On May 8, 2017, the
creditors' committee of Wellman Dynamics filed a Chapter 11 plan of
liquidation for the company.


WESTINGHOUSE ELECTRIC: Toshiba to Pay $2.2B Over VC Summer Project
------------------------------------------------------------------
South Carolina Electric & Gas Company (SCE&G), principal subsidiary
of SCANA Corporation (SCANA) (NYSE:SCG), and Santee  Cooper, have
entered into a definitive agreement with Toshiba Corporation for
Toshiba to pay $2.168 billion ($1.192 billion to SCE&G for its 55%
and $0.976 billion to Santee Cooper for its 45% project ownership)
in full satisfaction of its guaranty of obligations of Westinghouse
Electric Company, LLC (WEC) under the engineering, procurement,
and construction  contract (the EPC Contract) for the two new
nuclear units at the V.C. Summer Nuclear Station in Jenkinsville,
SC.

In the agreement, Toshiba commits to make payments in a series of
installments over a period beginning in October 2017 and ending in
September 2022.  Certain of these payments may be satisfied by
distributions through the bankruptcy court process from WEC to
SCE&G and Santee Cooper.  These payments (which are subject to
reduction if WEC pays creditors holding liens on project assets)
are payable regardless of whether both or either of the two nuclear
units are completed, or the project is abandoned.  If the units are
completed and upon completion actual construction costs, net of
payment from Toshiba, are less than the specified maximum amount
payable under the EPC Contract, Toshiba will have the right to
receive part of the difference.

The project owners are continuing their efforts to determine the
most prudent path forward for the nuclear project.  However, the
project owners anticipate that the additional cost to complete both
units beyond the amounts payable in connection with the EPC
Contract will materially exceed prior WEC estimates as well as the
anticipated guaranty settlement payments from Toshiba.
Additionally, the units would need to be online before Jan. 1, 2021
to qualify for production tax credits, under current tax rules.  At
this point, the project owners believe that the units could  not be
brought online until after this date.

The  project owners are considering these factors, as well as their
future generation needs, in their evaluation of the project.

Based on these considerations, the alternatives of completing both
units or one unit are subject to significant challenges.  The
owners expect to announce their decisions soon.

"We are committed to making a financially responsible decision for
our customers and other stakeholders," said SCANA Chairman and CEO,
Kevin Marsh.

"We are close to completing our analysis of the various options to
determine the most prudent path forward."

Lonnie Carter, Santee Cooper President and CEO, said, "We
appreciate our customers’ patience while the analysis on cost and
schedule for the project is being completed.  Ultimately, we will
make a decision that is in the best interests of our customers."

SCANA Corporation, headquartered in Cayce, S.C. --
http://www.scana.com/ -- is an energy-based holding company
principally engaged, through subsidiaries, in electric and natural
gas utility operations and other energy-related businesses.  The
Company serves approximately 713,000 electric customers in South
Carolina and approximately 1.3 million natural gas customers in
South Carolina, North Carolina and Georgia.

SCE&G -- http://www.sceg.com/-- is a regulated public utility
engaged in the generation,  transmission, distribution and sale of
electricity to approximately 713,000 customers in South Carolina.
The company also provides natural gas service to approximately
361,000  customers  throughout the state.

Santee Cooper -- http://www.santeecooper.com/-- is the ultimate
source of electricity for approximately 2 million people across
South Carolina.  A public power utility owned by the state, Santee
Cooper offers low-cost, reliable and environmentally responsible
electricity and water services and innovative partnerships that
attract and retain industry and jobs.

              About Westinghouse Electric Company

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.

Weil, Gotshal & Manges LLP serves as counsel to the Debtors. The
Debtors hired AlixPartners LLP as financial advisor; PJT Partners
Inc. as investment banker; Kurtzman Carson Consultants LLC as
claims and noticing agent; K&L Gates as special counsel; and KPMG
LLP as tax consultant and accounting and financial reporting
advisor.

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.

On April 7, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  Proskauer Rose LLP is
the committee's bankruptcy counsel.

The Board of Directors of Westinghouse appointed a special panel
called the U.S. AP1000 Committee to oversee the company's
activities related to certain AP1000 nuclear plants located in
Georgia and South Carolina.


WILDWOOD PROPERTY: Has Power to Amend Development Restrictions
--------------------------------------------------------------
Judge Marvin Isgur of the U.S. Bankruptcy Court for the Southern
District of Texas addressed and resolved Wildwood Property Owner's
Association's and Teri Byrd's cross motions for summary judgment on
the Association's declaratory judgment claim. All defendants except
Byrd have entered into a settlement agreement with the Association.
Byrd is the sole remaining defendant in the adversary proceeding.

Wildwood is a real estate development initially developed by George
Norman, Guy Dalrymple, Charles Kelly, Vernon Hicks, and Gus Becker.
At the time of development, the Developers formed a homeowners
association to govern Wildwood. In 1974, the homeowners association
was sold to Larry Parker. During Parker's ownership, Wildwood
expanded from approximately 2,000 acres to 2,353 acres. Parker
operated the homeowner's association through an entity known as
Recreation World, Inc.

In 1982, Recreation World, Inc. was struggling to operate Wildwood
on a break-even basis and sought relief under Chapter 11 of the
Bankruptcy Code. In 1985, the Court issued an Order confirming
Recreation World's chapter 11 plan. The plan provided for, among
other things, the creation of the Association to assume the
Debtor's authority to manage the Wildwood development and assume
the Debtor's duties and responsibilities to property owners. The
plan vested the newly created Association with the power to act
with sufficient authority to meet the responsibilities it assumed
under the Plan.

In November 2011, the state court plaintiffs, including Byrd, filed
an action in Texas state court seeking a declaratory judgment that
the Association does not have the authority to amend deed
restrictions or levy and collect maintenance fees from defendants.

Movants seek a summary judgment on the following issues:

   1. Recreation World, Inc. did not have the right or authority to
file amendments to the developers' dedications and restrictions or
new dedications or restrictions as listed herein which affected the
title to Plaintiffs properties.

   2. The Wildwood Property Owners Association did not have the
right or authority to file amendments to the developers'
dedications and restrictions or new dedications or restrictions as
listed herein which affected the title to Plaintiffs properties.

   3. The Wildwood Property Owners' Association did not have the
right to modify, collect or maintain fees or assessments from
Plaintiffs in association with their ownership of the Plaintiff's
properties.

The state court plaintiffs argued that these rights were reserved
for the developers, and development rights were never conveyed,
either to Recreation World, Inc. or to the Association, through the
plan. The Association participated in the state court lawsuit,
offering Recreation World, Inc.'s chapter 11 plan from 1985 as
evidence in support of its summary judgment motion. On June 2,
2014, the District Court for the 88th Judicial District of Hardin
County, Texas, issued an Order granting summary judgment in favor
of the plaintiff property owners. The state district court found
that neither Recreation World nor the successor entity Wildwood
Property Owners Association "held the power of a developer to amend
dedications or restrictions or restrictive covenants" concerning
the homeowner's properties. Additionally, the state district court
found that the Association did not have the right to modify,
collect or maintain fees or assessments from homeowners. In
response, the Association filed this adversary proceeding, seeking
a determination that the state court plaintiffs violated Recreation
World's chapter 11 plan by filing the state court declaratory
judgment action.

Despite her actions to the contrary in state court, Byrd now
acknowledges that the Association has the right under the Plan to
collect and maintain fees and assessments as allowed by the
restrictive covenants. The relief Byrd sought and obtained in state
court is manifestly inconsistent with the rights of the Association
as established by the plan, by-laws, and articles of incorporation.


Byrd acknowledges that the Association succeeded to all of the
rights of Recreation World pursuant to its plan of reorganization
and the Association's articles of incorporation and by-laws.
However, Byrd argues that the rights reserved for developers were
not rights held by Recreation World and therefore are not rights to
which the Association succeeded. Specifically, Byrd argues that the
right to amend the restrictive covenants is not a right granted to
the Association.

Reviewing the Association's formation documents, Judge Isgur found
that there are several provisions that evidence the Association's
authority to amend the restrictions set forth in the dedication
instrument. Most apparent is Article Four paragraph (3) of the
articles of incorporation, which states that one of the purposes
for which the Association was organized was "to amend, modify,
alter or repeal, in whole or in part, any and all of such
instruments of restrictions and the provisions thereof affecting
the subdivision of Wildwood. It is unambiguous that the Association
is both purposed and empowered to amend the development
restrictions.

Finally, res judicata applies in the bankruptcy context. An Order
confirming a plan of reorganization is entitled to res judicata
effect. The Association's authority to maintain and collect
assessments and its power to amend the restrictions and covenants
are not subject to collateral attack by Byrd.

This matter was set for trial on August 2, 2017, at 9:00 a.m.
Rather than proceeding with the trial, the Court will conduct a
Case Management Conference. At the conference, the parties should
be prepared to discuss whether there are any remaining issues to be
resolved at trial. If there are no remaining issues, the Court will
issue a final judgment consistent with this opinion. If there are
remaining issues, the Court will schedule the trial.

The bankruptcy case is IN RE: WILDWOOD PROPERTY OWNERS ASSOCIATION,
Chapter 11, Debtor(s). WILDWOOD PROPERTY OWNERS ASSOCIATION,
Plaintiff(s), v. MARY J. BORDELON, et al, Defendant(s), Case No.
82-04155 (Bankr. S.D. Tex.).

The adversary proceeding is WILDWOOD PROPERTY OWNERS ASSOCIATION,
Chapter 11, Debtor(s). WILDWOOD PROPERTY OWNERS ASSOCIATION,
Plaintiff(s), v. MARY J. BORDELON, et al, Defendant(s), Adversary
No. 14-3292 (Bankr. S.D. Tex.).

A full-text copy of Judge Isgur's Memorandum Opinion dated July 26,
2017, is available at https://is.gd/fGOnD0 from Leagle.com.


WILLIAM RILEY: Selling Four Puyallup Properties for $1.2 Million
----------------------------------------------------------------
William and Althea Riley ask the U.S. Bankruptcy Court for the
Western District of Washington to authorize FR1's sale of four real
properties: (i) located 7516 and 7518 110th Street E, Puyallup,
Washington, Tax Parcel Numbers 6022120040 and 6022120030, to Jeff
and Kristine Allums for $350,000; (ii) located at 7522 and 7524
110th Street E, Puyallup, Washington, Tax Parcel Numbers 6022120020
and 6022120010, to Jeff and Kristine Allums for $350,000; (iii)
located at 7502 and 7504 110th Street E, Puyallup, Washington, Tax
Parcel Numbers 6022120100 and 6022120090, to Steven and Katherine
Hollstrom for $350,000; and (iv) located at 7506 110th Street E,
Puyallup, Washington, Tax Parcel Number 6022120080, to Elaina
Vlahas for $181,500.

A hearing on the Motion is set for Aug. 16, 2017 at 9:00 a.m.  The
objection deadline is Aug. 9, 2017.

For each of the four properties to be sold free and clear of all
liens claims and encumbrances, the seller is identified as FR1, a
joint venture.  The current sole member of the joint venture is
Madrona South, LLC.  The original members of FR1 joint venture were
Mary L. Flansburg, Jerry Flansburg, and the Debtors.  Mr. Flansburg
is deceased and his interest passed to his surviving spouse, Mrs.
Flansburg.  On March 3, 2017, Mrs. Flansburg conveyed all her of
her interests in the below properties to Madrona South.  The
Debtors conveyed their interests in the properties to Madrona South
in March of 2011.  As of the date of the Motion, FR1 joint
venture's sole member with regard to these properties is Madrona
South.

Notwithstanding the current ownership, the title company has noted
the Riley bankruptcy on the title report.  Additionally, the
transfer from Riley to Madrona South is alleged to be an avoidable
transfer by Union Bank.  It is unclear, given how title is
presently held on the properties, whether Court Approval of the
proposed sales is required or possible, but in order to be fully
transparent with the Court and creditors regarding the sale of the
properties, the Debtors have filed the present Motion.

The salient terms of the sale are:

   A. Property 1: 7516 & 7518 110th Street E, Puyallup, Washington

      a.  The Real Estate Purchase and Sale Agreement with Jeff and
Kristine Allums is contingent on court approval.

      b. A preliminary title report for Property 1 lists the
following liens against it in the following order of priority:

                i. Deed of Trust and Terms and Conditions Thereof:

                     Grantor: Jerry D. and Mary L. Flansburh,
Husband and Wife, and William J. and Althea V. Riley, Husband and
Wife

                     Assignee: JPMorgan Chase Bank, National
Association

                ii. Deed of Trust and Terms and Conditions
Thereof:

                     Grantor: Jerry D. and Mary L. Flansburg,
Husband and Wife, and William J. and Althea V. Riley, Husband and
Wife

                     Assignee: JPMorgan Chase Bank, National
Association

                iii. Judgment:

                     Against: FR1, A Joint Venture, Jerry
Flansburg, Mary Flansburg, William Riley and Althea Riley

                     In Favor Of: Whidbey Island Bank

                iv. Recorded Judgment:

                     Grantor: William J. Riley, Althea V. Riley,
Walter V. Thompson and Mary L. Thompson

                     Assignee: Union Bank, N.A., as Successor in
Interest to the FDIC as Receiver of Frontier Bank

   c. The estimated outstanding real property taxes for Property 1
are $2,679.

   d. As part of closing, and as a condition to closing, William
Riley, Althea Riley and Madrona South will execute a rescission of
the Madrona Assignment as it relates to Property 1 in order to
generate proceeds for the Riley bankruptcy estate.

   e. From the gross proceeds generated from the sale of Property
1, the Debtors propose to pay: (i) all normal costs of sale,
including real estate commissions and the seller's closing costs;
(ii) all pro-rated outstanding real estate taxes owed to Pierce
County; (iii) the current balance owing to the first position deed
of trust holder, JPMorgan Chase Bank, National Association, at the
time of closing (estimated to be approximately $123,000); and (4)
Whidbey Island Bank toward payment of its judgment until paid in
full (estimated at $223,000).

   f. From the remaining sale proceeds from Property 1, $25,000
will be held in trust by TTLG as a reserve to pay any and all
capital gains liability that may come due to the Debtors as a
result of the sale (which are estimated to be approximately
$100,000 for all Properties).  After payment to the Capital Gain
Reserve, 50% of any remaining sale proceeds will be paid to Madrona
South as a 50% member of FR1 Joint Venture by virtue of the
interest formerly held by Mary Flansburg, and the remaining 50% of
remaining sale proceeds will be paid to the Debtors' bankruptcy
estate (the Debtors and Madrona South will each have a 50% interest
in FR1 Joint Venture as of the closing of the sale).

   B. Property 2: 7522 & 7524 110th Street E, Puyallup, Washington

      a. The Real Estate Purchase and Sale Agreement with Jeff and
Kristine Allums is contingent on court approval.

      b. A preliminary title report for Property 2 lists the
following liens against it in the following order of priority:

                i. Deed of Trust and Terms and Conditions Thereof:

                     Grantor: Jerry D. and Mary L. Flansburg,
Husband and Wife, and William J. and Althea V. Riley, Husband and
Wife

                     Assignee: JPMorgan Chase Bank, National
Association

                ii. Deed of Trust and Terms and Conditions
Thereof:

                     Grantor: Jerry D. and Mary L. Flansburg,
Husband and Wife, and William J. and Althea V. Riley, Husband and
Wife

                     Assignee: JPMorgan Chase Bank, National
Association

                iii. Judgment:

                     Against: FR1, A Joint Venture, Jerry
Flansburg, Mary Flansburg, William Riley and Althea Riley

                     In Favor Of: Whidbey Island Bank

                iv. Recorded Judgment:

                     Grantor: William J. Riley, Althea V. Riley,
Walter V. Thompson and Mary L. Thompson

                     Assignee: Union Bank, N.A., as Successor in
Interest to the FDIC as Receiver of Frontier Bank

      c. The estimated outstanding real property taxes for Property
2 are $2,679.

      d. As part of closing, and as a condition to closing, William
Riley, Althea Riley and Madrona South will execute a rescission of
the Madrona Assignment as it relates to Property 2 in order to
generate proceeds for the Riley bankruptcy estate.

      e. From the gross proceeds generated from the sale of
Property 2, the Debtors propose to pay: (i) all normal costs of
sale, including real estate commissions and the seller's closing
costs; (ii) all pro-rated outstanding real estate taxes owed to
Pierce County; (iii) the current balance owing to the first
position deed of trust holder, JPMorgan Chase Bank, National
Association, at the time of closing (estimated to be approximately
$123,000); (4) Whidbey Island Bank toward payment of its judgment
until paid in full (estimated at $223,000).

      f. From the remaining sale proceeds from Property 2, $25,000
will be held in trust by TTLG as a reserve to pay any and all
capital gains liability that may come due to the Debtors as a
result of the sale (which are estimated to be approximately
$100,000 for all Properties).  After payment to the Capital Gain
Reserve, 50% of any remaining sale proceeds will be paid to Madrona
South as a 50% member of FR1 Joint Venture by virtue of the
interest formerly held by Mary Flansburg, and the remaining 50% of
remaining sale proceeds will be paid to the Debtors' bankruptcy
estate (the Debtors and Madrona South will each have a 50% interest
in FR1 Joint Venture as of the closing of the sale).

   C. Property 3: 7502 & 7504 110th Street E, Puyallup, Washington

      a. The Real Estate Purchase and Sale Agreement with Steven
and Katherine Hollstrom is contingent on court approval.

      b. A preliminary title report for Property 3 lists the
following liens against it in the following order of priority:

                i. Deed of Trust and Terms and Conditions Thereof:

                     Grantor: Jerry D. and Mary L. Flansburg,
Husband and Wife, and William J. and Althea V. Riley, Husband and
Wife

                     Assignee: JPMorgan Chase Bank, National
Association

                ii. Deed of Trust and Terms and Conditions
Thereof:

                     Grantor: Jerry D. and Mary L. Flansburg,
Husband and Wife, and William J. and Althea V. Riley, Husband and
Wife

                     Assignee: JPMorgan Chase Bank, National
Association

                iii. Judgment:

                     Against: FR1, A Joint Venture, Jerry
Flansburg, Mary Flansburg, William Riley and Althea Riley

                     In Favor Of: Whidbey Island Bank

                iv. Recorded Judgment:

                     Grantor: William J. Riley, Althea V. Riley,
Walter V. Thompson and Mary L. Thompson

                     Assignee: Union Bank, N.A., as Successor in
Interest to the FDIC as Receiver of Frontier Bank

   c. The estimated outstanding real property taxes for Property 3
are $2,679.

   d. As part of closing, and as a condition to closing, William
Riley, Althea Riley and Madrona South will execute a rescission of
the Madrona Assignment as it relates to Property 3 in order to
generate proceeds for the Riley bankruptcy estate.

   e. From the gross proceeds generated from the sale of Property
3, the Debtors propose to pay: (i) all normal costs of sale,
including real estate commissions and the seller's closing costs;
(ii) all pro-rated outstanding real estate taxes owed to Pierce
County; (iii) the current balance owing to the first position deed
of trust holder, JPMorgan Chase Bank, National Association, at the
time of closing (estimated to be approximately $123,000); (4)
Whidbey Island Bank toward payment of its judgment until paid in
full (estimated at $223,000).

   f. From the remaining sale proceeds from Property 3, $25,000
will be held in trust by TTLG as a reserve to pay any and all
capital gains liability that may come due to the Debtors as a
result of the sale (which are estimated to be approximately
$100,000 for all Properties).  After payment to the Capital Gain
Reserve, 50% of any remaining sale proceeds will be paid to Madrona
South as a 50% member of FR1 Joint Venture by virtue of the
interest formerly held by Mary Flansburg, and the remaining 50% of
remaining sale proceeds will be paid to the Debtors' bankruptcy
estate (the Debtors and Madrona South will each have a 50% interest
in FR1 Joint Venture as of the closing of the sale).

   D. Property 3: 7506 110th Street E, Puyallup, Washington

      a. The Real Estate Purchase and Sale Agreement with Elaina
Vlahas is contingent on court approval.

      b. A preliminary title report for Property 4 lists the
following liens against it in the following order of priority:

                i. Deed of Trust and Terms and Conditions Thereof:

                     Grantor: Jerry D. and Mary L. Flansburg,
Husband and Wife, and William J. and Althea V. Riley, Husband and
Wife

                     Assignee: JPMorgan Chase Bank, National
Association

                ii. Judgment:

                     Against: FR1, A Joint Venture, Jerry
Flansburg, Mary Flansburg, William Riley and Althea Riley
                     In Favor Of: Whidbey Island Bank

                iii. Recorded Judgment:

                     Grantor: William J. Riley, Althea V. Riley,
Walter V. Thompson and Mary L. Thompson

                     Assignee: Union Bank, N.A., as Successor in
Interest to the FDIC as Receiver of Frontier Bank

   c. The estimated outstanding real property taxes for Property 4
are $1,340.

   d. As part of closing, and as a condition to closing, William
Riley, Althea Riley and Madrona South will execute a rescission of
the Madrona Assignment as it relates to Property 3 in order to
generate proceeds for the Riley bankruptcy estate.

   e. From the gross proceeds generated from the sale of Property
4, the Debtors propose to pay: (i) all normal costs of sale,
including real estate commissions and the seller's closing costs;
(ii) all pro-rated outstanding real estate taxes owed to Pierce
County; (iii) the current balance owing to the first position deed
of trust holder, JPMorgan Chase Bank, National Association, at the
time of closing (estimated to be approximately $61,500); (4)
Whidbey Island Bank toward payment of its judgment until paid in
full (estimated at $223,000).

   f. From the remaining sale proceeds from Property 4, $25,000
will be held in trust by TTLG as a reserve to pay any and all
capital gains liability that may come due to the Debtors as a
result of the sale (which are estimated to be approximately
$100,000 for all Properties).  After payment to the Capital Gain
Reserve, 50% of any remaining sale proceeds will be paid to Madrona
South as a 50% member of FR1 Joint Venture by virtue of the
interest formerly held by Mary Flansburg, and the remaining 50% of
remaining sale proceeds will be paid to the Debtors' bankruptcy
estate (the Debtors and Madrona South will each have a 50% interest
in FR1 Joint Venture as of the closing of the sale).

William Riley and Althea Riley sought Chapter 11 protection (Bankr.
W.D. Wash. Case No. 15-43936) on Aug. 21, 2015.


WJA ASSET: Wants to Enter into Consent Order with CBO
-----------------------------------------------------
William Jordan Investments, Inc. ("WJII"), and affiliates ask the
U.S. Bankruptcy Court for the Central District of California to
authorize WJII to enter into a Consent Order between itself and the
Commissioner of Business Oversight which provides for a final order
that permanently revokes the Debtor's investment adviser
certificate and bars Mr. William Michael Jordan from any position
of employment, management or control of any investment adviser,
broker dealer or commodity adviser in California.

The Debtors are part of a network of entities or "Funds" formed to
offer a range of investment opportunities to clients.  WJA Asset
Management, LLC ("WJAAM"), is the manager for all of the Debtors
with the exception of itself and WJII.  Pre-petition, WJII was a
registered investment adviser.  Many of the Funds performed and
some had substantial gains.  However, certain Funds, i.e., those
invested in private trust deeds secured by real estate, suffered
losses.  These cases were commenced to liquidate the Debtors'
holdings in an orderly fashion to maximize the return for creditors
and investors and to distribute the proceeds in a manner consistent
with the Bankruptcy Code's priority scheme.  Regarding the Debtor
specifically, the Debtor discontinued raising new monies and is in
the process of winding down its investment advisory business.

Mr. Howard Grobstein, the Debtor's Chief Restructuring Officer
("CRO"), is informed that the Department of Business Oversight
("DBO") conducted a regulatory examination of the Debtor's
investment adviser business in 2015 through 2016.  In order to
resolve certain issues, and in order to do so in a manner that
avoids the expense of a hearing and possible further court
proceedings on those issues, the Debtor asks authorization to enter
into the Consent Order or an order substantially similar to the
Consent Order.

The Debtor, Mr. Jordan and the Commissioner have agreed to resolve
disputes regarding the Commissioner's revocation of the Debtor's
investment adviser certificate and the barring of Mr. Jordan from
any position of employment, management or control of any investment
adviser, broker-dealer or commodity adviser in California.

The salient terms of the Consent Order are:

    a. Purpose: The Debtor and Mr. Jordan consent to the terms of
the Consent Order as to the revocation and bar without admitting or
denying any of the Commissioner's findings in the Consent Order.

    b. Bar Order: Mr. Jordan stipulates to the finality of the
Consent Order barring Mr. Jordan from any position of employment,
management or control of any investment adviser, broker-dealer or
commodity adviser pursuant to Corporations Code section 25232.1.

    c. Revocation of License: The Debtor stipulates to the finality
of the Consent Order by the Commissioner revoking the Debtor's
investment adviser certificate pursuant to Corporations Code
section 25232.

    d. Waiver of Hearing Rights: The Debtor and Mr. Jordan elect to
permanently waive any right to the filing of an accusation, a
hearing and appeal, including those rights under Corporations Code
sections 25232, 25232.1 and 25233, and to judicial review of this
matter pursuant to Code of Civil Procedure section 1094.5 with
respect to the issuance of the Consent Order.

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

      http://bankrupt.com/misc/WJA_Asset_155_Sales.pdf

The CRO believes that entering into the Consent Order is a sound
exercise of the Debtor's business judgment and is in the best
interests of the estate.  He believes that it is appropriate to
cooperate with the DBO and to avoid the unnecessary expenses of a
hearing and possible further court proceedings on the revocation of
the Debtor's investment adviser certificate.  The Debtor is no
longer providing investment adviser services and thus, no longer
needs its investment adviser certificate.  Accordingly, entry of an
order authorizing the CRO, solely in his capacity as the CRO for
the Debtor, and not individually, to enter into the Consent Order
without admitting or denying any of the Commissioner's findings in
the Consent Order, is supported by a sound business purpose.

The Debtor asks the Court to waive the stay of the order approving
the Motion imposed by Bankruptcy Rule 6004(h) and any other
applicable bankruptcy rules.

Counsel for William Jordan:

          John L. Littrell, Esq.
          BIENERT, MILLER & KATZMAN, PLC
          903 Calle Amanecer, Suite 350
          San Clemente, CA 92673

DBO can be reached at:

          Mary Ann Smith
          Deputy Commissioner
          DEPARTMENT OF BUSINESS OVERSIGHT
          One Sansome Street, Suite 600
          San Francisco, CA 94104

                   About WJA Asset Management

Luxury Asset Purchasing International, LLC, et al., are part of a
network of entities or "Funds" formed to offer a range of
investment opportunities to individuals.  Many of the existing
Funds are performing and some Funds had substantial gains.
However, certain Funds, i.e., those invested in private trust
deeds secured by real estate, suffered losses.  

William Jordan Investments, Inc. ("Advisor"), is a registered
investment advisor.  Laguna Hills, California-based WJA Asset
Management, LLC ("Manager"), is the managing member of Luxury, et
al.  William Jordan was the president and sole owner of Advisor
and was the sole member and manager of Manager.  

On May 18, 2017, Luxury and its affiliates filed voluntary
petitions under chapter 11 of the United States Bankruptcy Code.
On May 25, 2017, four other affiliated filed voluntary petitions
under chapter 11.  On June 6, CA Real Estate Opportunity Fund III
filed its chapter 11 petition.  The Debtors' cases are jointly
administered under Bankr. C.D. Cal. Lead Case No. 17-11996, and
the Debtors continue to operate their businesses and manage their
affairs as DIP.

These cases were commenced to liquidate the Debtors' holdings and
close out the Funds in an orderly fashion to maximize the return
for creditors and investors and to distribute the proceeds in a
manner consistent with the Bankruptcy Code's priority scheme.

Pursuant to court orders, Howard Grobstein is now serving as the
chief restructuring officer of the Debtors and Mr. Jordan no
longer has any ongoing role in the Debtors' operations.

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

Judge Scott C. Clarkson presides over the cases.

Lei Lei Wang Ekvall, Esq., Philip E. Strok, Esq., Robert S.
Marticello, Esq., and Michael L. Simon, Esq., at Smiley
Wang-Ekvall, LLP, serve as counsel to the Debtors.


[^] Large Companies with Insolvent Balance Sheet
------------------------------------------------
                                                Total
                                               Share-      Total
                                    Total    Holders'    Working
                                   Assets      Equity    Capital
  Company         Ticker             ($MM)       ($MM)      ($MM)
  -------         ------           ------    --------    -------
ABSOLUTE SOFTWRE  ALSWF US           93.1       (50.1)     (33.4)
ABSOLUTE SOFTWRE  OU1 GR             93.1       (50.1)     (33.4)
ABSOLUTE SOFTWRE  ABT CN             93.1       (50.1)     (33.4)
ABSOLUTE SOFTWRE  ABT2EUR EU         93.1       (50.1)     (33.4)
ADOMANI INC       ADOM US             3.2        (2.9)      (3.6)
ADOMANI INC       A9T GR              3.2        (2.9)      (3.6)
ADOMANI INC       ADOMEUR EU          3.2        (2.9)      (3.6)
AKCEA THERAPEUTI  AKCA US           133.0       (74.9)      51.9
AKCEA THERAPEUTI  1KA GR            133.0       (74.9)      51.9
AMER RESTAUR-LP   ICTPU US           33.5        (4.0)      (6.2)
APPIAN CORP       APPN US            96.5       (11.8)      12.9
APPIAN CORP       910 GR             96.5       (11.8)      12.9
APPIAN CORP       910 QT             96.5       (11.8)      12.9
ASPEN TECHNOLOGY  AZPN US           244.0      (249.5)    (280.2)
ASPEN TECHNOLOGY  AST GR            244.0      (249.5)    (280.2)
ASPEN TECHNOLOGY  AST TH            244.0      (249.5)    (280.2)
ASPEN TECHNOLOGY  AZPNEUR EU        244.0      (249.5)    (280.2)
ATHENEX INC       ATNX US           100.5        (3.6)       3.9
ATHENEX INC       2MT GR            100.5        (3.6)       3.9
ATHENEX INC       ATNXEUR EU        100.5        (3.6)       3.9
AUTOZONE INC      AZO US          9,028.3    (1,714.2)    (286.3)
AUTOZONE INC      AZ5 TH          9,028.3    (1,714.2)    (286.3)
AUTOZONE INC      AZ5 GR          9,028.3    (1,714.2)    (286.3)
AUTOZONE INC      AZOEUR EU       9,028.3    (1,714.2)    (286.3)
AUTOZONE INC      AZ5 QT          9,028.3    (1,714.2)    (286.3)
AVID TECHNOLOGY   AVID US           250.4      (268.9)     (81.7)
AVID TECHNOLOGY   AVD GR            250.4      (268.9)     (81.7)
AXIM BIOTECHNOLO  AXIM US             0.8        (2.9)      (2.1)
BENEFITFOCUS INC  BNFT US           172.0       (34.2)      18.2
BENEFITFOCUS INC  BTF GR            172.0       (34.2)      18.2
BLUE BIRD CORP    BLBD US           309.3       (82.2)       8.9
BOMBARDIER INC-B  BBDBN MM       23,112.0    (3,555.0)   1,258.0
BOMBARDIER-B OLD  BBDYB BB       23,112.0    (3,555.0)   1,258.0
BOMBARDIER-B W/I  BBD/W CN       23,112.0    (3,555.0)   1,258.0
BONANZA CREEK EN  BCEI US         1,135.2       (73.8)    (160.1)
BONANZA CREEK EN  B2CN QT         1,135.2       (73.8)    (160.1)
BONANZA CREEK EN  BCEI1EUR EU     1,135.2       (73.8)    (160.1)
BONANZA CREEK EN  B2CN GR         1,135.2       (73.8)    (160.1)
BRINKER INTL      EAT US          1,403.1      (498.7)    (289.1)
BRINKER INTL      BKJ GR          1,403.1      (498.7)    (289.1)
BRINKER INTL      EAT2EUR EU      1,403.1      (498.7)    (289.1)
BROOKFIELD REAL   BRE CN             99.6       (33.1)       1.6
BUFFALO COAL COR  BUC SJ             51.5       (21.4)     (19.6)
BURLINGTON STORE  BURL US         2,558.9       (40.9)     (32.6)
BURLINGTON STORE  BUI GR          2,558.9       (40.9)     (32.6)
BURLINGTON STORE  BURL* MM        2,558.9       (40.9)     (32.6)
CADIZ INC         CDZI US            62.0       (57.7)       7.1
CADIZ INC         2ZC GR             62.0       (57.7)       7.1
CAESARS ENTERTAI  CZR US         14,812.0    (1,926.0)  (3,266.0)
CAESARS ENTERTAI  C08 GR         14,812.0    (1,926.0)  (3,266.0)
CAESARS ENTERTAI  CZREUR EU      14,812.0    (1,926.0)  (3,266.0)
CALIFORNIA RESOU  CRC US          6,237.0      (447.0)    (279.0)
CALIFORNIA RESOU  1CLB GR         6,237.0      (447.0)    (279.0)
CALIFORNIA RESOU  CRCEUR EU       6,237.0      (447.0)    (279.0)
CALIFORNIA RESOU  1CL TH          6,237.0      (447.0)    (279.0)
CAMBIUM LEARNING  ABCD US           124.3       (58.5)     (69.7)
CAMPING WORLD-A   CWH US          1,811.9        (2.9)     332.2
CAMPING WORLD-A   C83 GR          1,811.9        (2.9)     332.2
CAMPING WORLD-A   CWHEUR EU       1,811.9        (2.9)     332.2
CASELLA WASTE     WA3 GR            621.2       (23.2)       3.3
CASELLA WASTE     CWST US           621.2       (23.2)       3.3
CASELLA WASTE     WA3 TH            621.2       (23.2)       3.3
CASELLA WASTE     CWSTEUR EU        621.2       (23.2)       3.3
CEDAR FAIR LP     FUN US          1,958.3       (47.6)    (105.4)
CEDAR FAIR LP     7CF GR          1,958.3       (47.6)    (105.4)
CHESAPEAKE ENERG  CHK US         11,699.0    (1,203.0)  (1,428.0)
CHESAPEAKE ENERG  CS1 GR         11,699.0    (1,203.0)  (1,428.0)
CHESAPEAKE ENERG  CS1 TH         11,699.0    (1,203.0)  (1,428.0)
CHESAPEAKE ENERG  CHK* MM        11,699.0    (1,203.0)  (1,428.0)
CHESAPEAKE ENERG  CS1 QT         11,699.0    (1,203.0)  (1,428.0)
CHESAPEAKE ENERG  CHKEUR EU      11,699.0    (1,203.0)  (1,428.0)
CHOICE HOTELS     CZH GR            904.1      (292.5)      68.8
CHOICE HOTELS     CHH US            904.1      (292.5)      68.8
CINCINNATI BELL   CBB US          1,474.0      (127.4)       9.3
CINCINNATI BELL   CIB1 GR         1,474.0      (127.4)       9.3
CINCINNATI BELL   CBBEUR EU       1,474.0      (127.4)       9.3
CLEAR CHANNEL-A   C7C GR          5,386.4    (1,234.5)     339.9
CLEAR CHANNEL-A   CCO US          5,386.4    (1,234.5)     339.9
CLIFFS NATURAL R  CVA GR          1,925.7      (703.0)     503.9
CLIFFS NATURAL R  CVA TH          1,925.7      (703.0)     503.9
CLIFFS NATURAL R  CLF US          1,925.7      (703.0)     503.9
CLIFFS NATURAL R  CLF* MM         1,925.7      (703.0)     503.9
CLIFFS NATURAL R  CLF2EUR EU      1,925.7      (703.0)     503.9
COGENT COMMUNICA  CCOI US           732.7       (63.6)     248.6
COGENT COMMUNICA  OGM1 GR           732.7       (63.6)     248.6
CPI CARD GROUP I  PMTS US           261.8      (101.9)      52.1
CPI CARD GROUP I  PMTS CN           261.8      (101.9)      52.1
DELEK LOGISTICS   DKL US            413.6       (19.0)       8.6
DELEK LOGISTICS   D6L GR            413.6       (19.0)       8.6
DENNY'S CORP      DE8 GR            308.2       (64.7)     (45.5)
DENNY'S CORP      DENN US           308.2       (64.7)     (45.5)
DOMINO'S PIZZA    EZV TH            742.5    (1,853.7)     159.2
DOMINO'S PIZZA    EZV GR            742.5    (1,853.7)     159.2
DOMINO'S PIZZA    DPZ US            742.5    (1,853.7)     159.2
DOMINO'S PIZZA    EZV QT            742.5    (1,853.7)     159.2
DUN & BRADSTREET  DB5 GR          2,279.3      (979.5)    (139.6)
DUN & BRADSTREET  DB5 TH          2,279.3      (979.5)    (139.6)
DUN & BRADSTREET  DNB US          2,279.3      (979.5)    (139.6)
DUN & BRADSTREET  DNB1EUR EU      2,279.3      (979.5)    (139.6)
DUNKIN' BRANDS G  2DB GR          3,196.1      (119.0)     218.1
DUNKIN' BRANDS G  DNKN US         3,196.1      (119.0)     218.1
DUNKIN' BRANDS G  2DB TH          3,196.1      (119.0)     218.1
DUNKIN' BRANDS G  DNKNEUR EU      3,196.1      (119.0)     218.1
EIGHT DRAGONS CO  EDRG US             -          (0.0)      (0.0)
ERIN ENERGY CORP  ERN SJ            287.4      (250.8)    (277.5)
EVERI HOLDINGS I  EVRI US         1,320.5      (109.6)       4.1
EVERI HOLDINGS I  G2C TH          1,320.5      (109.6)       4.1
EVERI HOLDINGS I  G2C GR          1,320.5      (109.6)       4.1
EVERI HOLDINGS I  EVRIEUR EU      1,320.5      (109.6)       4.1
FERRELLGAS-LP     FEG GR          1,679.3      (703.5)     (26.2)
FERRELLGAS-LP     FGP US          1,679.3      (703.5)     (26.2)
FIFTH STREET ASS  FSAM US           191.2        (1.7)       -
FIFTH STREET ASS  7FS TH            191.2        (1.7)       -
GAMCO INVESTO-A   GBL US            182.5      (148.1)       -
GCP APPLIED TECH  GCP US          1,077.7      (137.7)     259.3
GCP APPLIED TECH  43G GR          1,077.7      (137.7)     259.3
GCP APPLIED TECH  GCPEUR EU       1,077.7      (137.7)     259.3
GNC HOLDINGS INC  IGN GR          2,062.6       (69.2)     490.1
GNC HOLDINGS INC  GNC US          2,062.6       (69.2)     490.1
GNC HOLDINGS INC  IGN TH          2,062.6       (69.2)     490.1
GNC HOLDINGS INC  GNC1EUR EU      2,062.6       (69.2)     490.1
GOGO INC          GOGO US         1,270.1       (76.6)     348.7
GOGO INC          G0G GR          1,270.1       (76.6)     348.7
GOLD RESERVE INC  GDRZF US           47.1        (1.2)      34.4
GOLD RESERVE INC  GRZ CN             47.1        (1.2)      34.4
GOLD RESERVE INC  GOD GR             47.1        (1.2)      34.4
GREEN PLAINS PAR  GPP US             93.3       (63.1)       4.3
GREEN PLAINS PAR  8GP GR             93.3       (63.1)       4.3
H&R BLOCK INC     HRB US          2,694.1       (60.9)     406.8
H&R BLOCK INC     HRB GR          2,694.1       (60.9)     406.8
H&R BLOCK INC     HRB TH          2,694.1       (60.9)     406.8
H&R BLOCK INC     HRB QT          2,694.1       (60.9)     406.8
H&R BLOCK INC     HRBEUR EU       2,694.1       (60.9)     406.8
HALOZYME THERAPE  HALO US           226.8       (58.5)     160.6
HALOZYME THERAPE  RV7 GR            226.8       (58.5)     160.6
HALOZYME THERAPE  HALOEUR EU        226.8       (58.5)     160.6
HALOZYME THERAPE  RV7 QT            226.8       (58.5)     160.6
HAMILTON LANE-A   HLNE US           207.1      (103.6)       -
HAMILTON LANE-A   HLNEEUR EU        207.1      (103.6)       -
HCA HEALTHCARE I  2BH GR         33,795.0    (5,357.0)   3,574.0
HCA HEALTHCARE I  HCA US         33,795.0    (5,357.0)   3,574.0
HCA HEALTHCARE I  2BH TH         33,795.0    (5,357.0)   3,574.0
HCA HEALTHCARE I  HCAEUR EU      33,795.0    (5,357.0)   3,574.0
HORTONWORKS INC   HDP US            220.6       (15.5)     (16.7)
HORTONWORKS INC   14K GR            220.6       (15.5)     (16.7)
HORTONWORKS INC   14K QT            220.6       (15.5)     (16.7)
HORTONWORKS INC   HDPEUR EU         220.6       (15.5)     (16.7)
HOVNANIAN-A-WI    HOV-W US        2,133.6      (133.9)   1,392.3
HP COMPANY-BDR    HPQB34 BZ      28,686.0    (3,955.0)    (302.0)
HP INC            HPQ* MM        28,686.0    (3,955.0)    (302.0)
HP INC            HPQ US         28,686.0    (3,955.0)    (302.0)
HP INC            7HP TH         28,686.0    (3,955.0)    (302.0)
HP INC            7HP GR         28,686.0    (3,955.0)    (302.0)
HP INC            HPQ TE         28,686.0    (3,955.0)    (302.0)
HP INC            HPQ SW         28,686.0    (3,955.0)    (302.0)
HP INC            HPQ CI         28,686.0    (3,955.0)    (302.0)
HP INC            HWP QT         28,686.0    (3,955.0)    (302.0)
HP INC            HPQCHF EU      28,686.0    (3,955.0)    (302.0)
HP INC            HPQUSD EU      28,686.0    (3,955.0)    (302.0)
HP INC            HPQUSD SW      28,686.0    (3,955.0)    (302.0)
HP INC            HPQEUR EU      28,686.0    (3,955.0)    (302.0)
IDEXX LABS        IDXX US         1,572.1       (73.9)     (57.5)
IDEXX LABS        IX1 GR          1,572.1       (73.9)     (57.5)
IDEXX LABS        IX1 TH          1,572.1       (73.9)     (57.5)
IDEXX LABS        IX1 QT          1,572.1       (73.9)     (57.5)
IDEXX LABS        IDXX AV         1,572.1       (73.9)     (57.5)
IMMUNOGEN INC     IMU GR            163.3      (167.5)     101.8
IMMUNOGEN INC     IMGN US           163.3      (167.5)     101.8
IMMUNOGEN INC     IMU TH            163.3      (167.5)     101.8
IMMUNOGEN INC     IMU QT            163.3      (167.5)     101.8
IMMUNOGEN INC     IMGNEUR EU        163.3      (167.5)     101.8
IMMUNOMEDICS INC  IMMU US            52.7      (131.9)     (36.5)
IMMUNOMEDICS INC  IM3 GR             52.7      (131.9)     (36.5)
IMMUNOMEDICS INC  IM3 TH             52.7      (131.9)     (36.5)
IMMUNOMEDICS INC  IM3 QT             52.7      (131.9)     (36.5)
INNOVIVA INC      INVA US           391.9      (334.2)     193.9
INNOVIVA INC      HVE GR            391.9      (334.2)     193.9
INNOVIVA INC      INVAEUR EU        391.9      (334.2)     193.9
INTERNATIONAL WI  ITWG US           326.6       (14.3)     101.6
JACK IN THE BOX   JBX GR          1,230.9      (469.4)    (126.4)
JACK IN THE BOX   JACK US         1,230.9      (469.4)    (126.4)
JACK IN THE BOX   JACK1EUR EU     1,230.9      (469.4)    (126.4)
JACK IN THE BOX   JBX QT          1,230.9      (469.4)    (126.4)
JAMIESON WELLNES  JWEL CN           504.7      (172.9)    (172.9)
JAMIESON WELLNES  2JW GR            504.7      (172.9)    (172.9)
JAMIESON WELLNES  JWELEUR EU        504.7      (172.9)    (172.9)
JUST ENERGY GROU  JE US           1,238.0      (149.3)     109.1
JUST ENERGY GROU  1JE GR          1,238.0      (149.3)     109.1
JUST ENERGY GROU  JE CN           1,238.0      (149.3)     109.1
KENNADY DIAMONDS  KDI CN              4.5        (1.4)      (3.7)
KERYX BIOPHARM    KYX GR            127.7       (22.5)      97.2
KERYX BIOPHARM    KERX US           127.7       (22.5)      97.2
KERYX BIOPHARM    KYX TH            127.7       (22.5)      97.2
KERYX BIOPHARM    KERXEUR EU        127.7       (22.5)      97.2
L BRANDS INC      LTD GR          7,882.0      (835.0)   1,321.0
L BRANDS INC      LTD TH          7,882.0      (835.0)   1,321.0
L BRANDS INC      LB US           7,882.0      (835.0)   1,321.0
L BRANDS INC      LBEUR EU        7,882.0      (835.0)   1,321.0
L BRANDS INC      LB* MM          7,882.0      (835.0)   1,321.0
L BRANDS INC      LTD QT          7,882.0      (835.0)   1,321.0
LAMB WESTON       LW US           2,432.2      (650.9)     336.9
LAMB WESTON       0L5 GR          2,432.2      (650.9)     336.9
LAMB WESTON       LW-WEUR EU      2,432.2      (650.9)     336.9
LAMB WESTON       0L5 TH          2,432.2      (650.9)     336.9
LANTHEUS HOLDING  LNTH US           249.6      (101.2)      67.6
LANTHEUS HOLDING  0L8 GR            249.6      (101.2)      67.6
LENNOX INTL INC   LXI GR          1,950.6        (1.0)     148.9
LENNOX INTL INC   LII US          1,950.6        (1.0)     148.9
LENNOX INTL INC   LII1EUR EU      1,950.6        (1.0)     148.9
MADISON-A/NEW-WI  MSGN-W US         864.4      (987.0)     195.4
MANNKIND CORP     MNKD IT            85.2      (198.7)     (37.0)
MASCO CORP        MAS US          5,139.0       (59.0)   1,534.0
MASCO CORP        MSQ GR          5,139.0       (59.0)   1,534.0
MASCO CORP        MSQ TH          5,139.0       (59.0)   1,534.0
MASCO CORP        MAS* MM         5,139.0       (59.0)   1,534.0
MASCO CORP        MAS1EUR EU      5,139.0       (59.0)   1,534.0
MCDONALDS - BDR   MCDC34 BZ      32,120.3    (2,030.8)   2,686.5
MCDONALDS CORP    MDO TH         32,120.3    (2,030.8)   2,686.5
MCDONALDS CORP    MCD TE         32,120.3    (2,030.8)   2,686.5
MCDONALDS CORP    MDO GR         32,120.3    (2,030.8)   2,686.5
MCDONALDS CORP    MCD* MM        32,120.3    (2,030.8)   2,686.5
MCDONALDS CORP    MCD US         32,120.3    (2,030.8)   2,686.5
MCDONALDS CORP    MCD SW         32,120.3    (2,030.8)   2,686.5
MCDONALDS CORP    MCD CI         32,120.3    (2,030.8)   2,686.5
MCDONALDS CORP    MDO QT         32,120.3    (2,030.8)   2,686.5
MCDONALDS CORP    MCDCHF EU      32,120.3    (2,030.8)   2,686.5
MCDONALDS CORP    MCDUSD EU      32,120.3    (2,030.8)   2,686.5
MCDONALDS CORP    MCDUSD SW      32,120.3    (2,030.8)   2,686.5
MCDONALDS CORP    MCDEUR EU      32,120.3    (2,030.8)   2,686.5
MCDONALDS CORP    MCD AV         32,120.3    (2,030.8)   2,686.5
MCDONALDS-CEDEAR  MCD AR         32,120.3    (2,030.8)   2,686.5
MDC COMM-W/I      MDZ/W CN        1,626.7      (356.8)    (280.0)
MDC PARTNERS-A    MDZ/A CN        1,626.7      (356.8)    (280.0)
MDC PARTNERS-A    MDCA US         1,626.7      (356.8)    (280.0)
MDC PARTNERS-A    MD7A GR         1,626.7      (356.8)    (280.0)
MDC PARTNERS-A    MDCAEUR EU      1,626.7      (356.8)    (280.0)
MDC PARTNERS-EXC  MDZ/N CN        1,626.7      (356.8)    (280.0)
MEDLEY MANAGE-A   MDLY US           138.5       (14.5)      57.0
MERITOR INC       AID1 GR         2,536.0      (125.0)      55.0
MERITOR INC       MTOR US         2,536.0      (125.0)      55.0
MERITOR INC       MTOREUR EU      2,536.0      (125.0)      55.0
MICHAELS COS INC  MIK US          2,009.8    (1,721.9)     502.5
MICHAELS COS INC  MIM GR          2,009.8    (1,721.9)     502.5
MIRAGEN THERAPEU  MGEN US            57.8        48.0       49.7
MIRAGEN THERAPEU  1S1 GR             57.8        48.0       49.7
MIRAGEN THERAPEU  SGNLEUR EU         57.8        48.0       49.7
MONEYGRAM INTERN  MGI US          4,437.5      (199.3)     (23.5)
MONEYGRAM INTERN  9M1N GR         4,437.5      (199.3)     (23.5)
MONEYGRAM INTERN  9M1N TH         4,437.5      (199.3)     (23.5)
MONEYGRAM INTERN  MGIEUR EU       4,437.5      (199.3)     (23.5)
MOODY'S CORP      DUT GR          6,536.3      (467.5)   3,321.9
MOODY'S CORP      MCO US          6,536.3      (467.5)   3,321.9
MOODY'S CORP      DUT TH          6,536.3      (467.5)   3,321.9
MOODY'S CORP      MCOEUR EU       6,536.3      (467.5)   3,321.9
MOODY'S CORP      DUT QT          6,536.3      (467.5)   3,321.9
MOODY'S CORP      MCO* MM         6,536.3      (467.5)   3,321.9
MOTOROLA SOLUTIO  MTLA GR         8,140.0    (1,037.0)     688.0
MOTOROLA SOLUTIO  MTLA TH         8,140.0    (1,037.0)     688.0
MOTOROLA SOLUTIO  MSI US          8,140.0    (1,037.0)     688.0
MOTOROLA SOLUTIO  MOT TE          8,140.0    (1,037.0)     688.0
MOTOROLA SOLUTIO  MSI1EUR EU      8,140.0    (1,037.0)     688.0
MSG NETWORKS- A   MSGN US           864.4      (987.0)     195.4
MSG NETWORKS- A   1M4 GR            864.4      (987.0)     195.4
MSG NETWORKS- A   1M4 TH            864.4      (987.0)     195.4
MSG NETWORKS- A   MSGNEUR EU        864.4      (987.0)     195.4
NANOSTRING TECHN  NSTG US           106.5        (3.1)      59.9
NANOSTRING TECHN  0F1 GR            106.5        (3.1)      59.9
NANOSTRING TECHN  NSTGEUR EU        106.5        (3.1)      59.9
NATHANS FAMOUS    NATH US            78.1       (66.5)      56.8
NATHANS FAMOUS    NFA GR             78.1       (66.5)      56.8
NATIONAL CINEMED  XWM GR          1,151.9       (54.1)      92.9
NATIONAL CINEMED  NCMI US         1,151.9       (54.1)      92.9
NATIONAL CINEMED  NCMIEUR EU      1,151.9       (54.1)      92.9
NAVISTAR INTL     IHR GR          5,952.0    (5,127.0)     825.0
NAVISTAR INTL     NAV US          5,952.0    (5,127.0)     825.0
NAVISTAR INTL     IHR TH          5,952.0    (5,127.0)     825.0
NAVISTAR INTL     IHR QT          5,952.0    (5,127.0)     825.0
NEFF CORP-CL A    NEFF US           652.7      (124.7)       1.3
NEFF CORP-CL A    NFO GR            652.7      (124.7)       1.3
NEW ENG RLTY-LP   NEN US            190.0       (33.5)       -
NYMOX PHARMACEUT  NYMX US             1.7        (1.2)      (0.2)
NYMOX PHARMACEUT  NYM GR              1.7        (1.2)      (0.2)
OCEAN THERMAL EN  CPWR US             0.0        (1.6)      (1.6)
OMEROS CORP       3O8 GR             58.4       (48.1)      34.4
OMEROS CORP       OMER US            58.4       (48.1)      34.4
OMEROS CORP       3O8 TH             58.4       (48.1)      34.4
OMEROS CORP       OMEREUR EU         58.4       (48.1)      34.4
PENN NATL GAMING  PN1 GR          4,947.0      (540.7)     (50.0)
PENN NATL GAMING  PENN US         4,947.0      (540.7)     (50.0)
PHILIP MORRIS IN  PM1EUR EU      38,660.0   (10,277.0)   1,189.0
PHILIP MORRIS IN  PMI SW         38,660.0   (10,277.0)   1,189.0
PHILIP MORRIS IN  PM1 TE         38,660.0   (10,277.0)   1,189.0
PHILIP MORRIS IN  4I1 TH         38,660.0   (10,277.0)   1,189.0
PHILIP MORRIS IN  PM1CHF EU      38,660.0   (10,277.0)   1,189.0
PHILIP MORRIS IN  4I1 GR         38,660.0   (10,277.0)   1,189.0
PHILIP MORRIS IN  PM US          38,660.0   (10,277.0)   1,189.0
PHILIP MORRIS IN  PM FP          38,660.0   (10,277.0)   1,189.0
PHILIP MORRIS IN  PMI1 IX        38,660.0   (10,277.0)   1,189.0
PHILIP MORRIS IN  PMI EB         38,660.0   (10,277.0)   1,189.0
PHILIP MORRIS IN  4I1 QT         38,660.0   (10,277.0)   1,189.0
PINNACLE ENTERTA  PNK US          4,003.8      (351.8)     (82.3)
PINNACLE ENTERTA  65P GR          4,003.8      (351.8)     (82.3)
PITNEY BOWES INC  PBW GR          5,747.2       (46.3)    (215.3)
PITNEY BOWES INC  PBI US          5,747.2       (46.3)    (215.3)
PITNEY BOWES INC  PBW TH          5,747.2       (46.3)    (215.3)
PITNEY BOWES INC  PBIEUR EU       5,747.2       (46.3)    (215.3)
PLANET FITNESS-A  PLNT US         1,156.4      (188.0)      28.1
PLANET FITNESS-A  3PL TH          1,156.4      (188.0)      28.1
PLANET FITNESS-A  3PL GR          1,156.4      (188.0)      28.1
PLANET FITNESS-A  3PL QT          1,156.4      (188.0)      28.1
PLANET FITNESS-A  PLNT1EUR EU     1,156.4      (188.0)      28.1
PRECIPIO INC      TGKN GR             1.2       (20.6)     (20.6)
PRECIPIO INC      TBIOEUR EU          1.2       (20.6)     (20.6)
PROS HOLDINGS IN  PH2 GR            210.7       (19.9)      63.0
PROS HOLDINGS IN  PRO US            210.7       (19.9)      63.0
QUANTUM CORP      QNT2 GR           225.0      (116.0)     (42.0)
QUANTUM CORP      QNT1 TH           225.0      (116.0)     (42.0)
QUANTUM CORP      QTM US            225.0      (116.0)     (42.0)
QUANTUM CORP      QTM1EUR EU        225.0      (116.0)     (42.0)
QUANTUM CORP      QNT1 QT           225.0      (116.0)     (42.0)
REATA PHARMACE-A  RETA US            88.2      (220.3)      34.5
REATA PHARMACE-A  2R3 GR             88.2      (220.3)      34.5
REATA PHARMACE-A  RETAEUR EU         88.2      (220.3)      34.5
REGAL ENTERTAI-A  RGC US          2,686.1      (826.1)      (7.6)
REGAL ENTERTAI-A  RETA GR         2,686.1      (826.1)      (7.6)
REGAL ENTERTAI-A  RGC* MM         2,686.1      (826.1)      (7.6)
RESOLUTE ENERGY   R21 GR            489.6       (75.9)     (69.6)
RESOLUTE ENERGY   REN US            489.6       (75.9)     (69.6)
RESOLUTE ENERGY   RENEUR EU         489.6       (75.9)     (69.6)
REVLON INC-A      REV US          2,999.0      (642.0)     343.1
REVLON INC-A      RVL1 GR         2,999.0      (642.0)     343.1
REVLON INC-A      RVL1 TH         2,999.0      (642.0)     343.1
REVLON INC-A      REVEUR EU       2,999.0      (642.0)     343.1
ROSETTA STONE IN  RST US            185.9        (1.0)     (58.1)
ROSETTA STONE IN  RS8 GR            185.9        (1.0)     (58.1)
ROSETTA STONE IN  RS8 TH            185.9        (1.0)     (58.1)
ROSETTA STONE IN  RST1EUR EU        185.9        (1.0)     (58.1)
RR DONNELLEY & S  DLLN GR         3,907.3      (174.1)     725.7
RR DONNELLEY & S  RRD US          3,907.3      (174.1)     725.7
RR DONNELLEY & S  DLLN TH         3,907.3      (174.1)     725.7
RR DONNELLEY & S  RRDEUR EU       3,907.3      (174.1)     725.7
RYERSON HOLDING   RYI US          1,738.9       (32.7)     676.2
RYERSON HOLDING   7RY GR          1,738.9       (32.7)     676.2
RYERSON HOLDING   7RY TH          1,738.9       (32.7)     676.2
SAFETY INCOME AN  SAFE US           155.8       (65.5)       -
SALLY BEAUTY HOL  SBH US          2,070.8      (320.6)     657.6
SALLY BEAUTY HOL  S7V GR          2,070.8      (320.6)     657.6
SANCHEZ ENERGY C  SN US           2,078.6       (77.6)      29.0
SANCHEZ ENERGY C  SN* MM          2,078.6       (77.6)      29.0
SANCHEZ ENERGY C  13S GR          2,078.6       (77.6)      29.0
SANCHEZ ENERGY C  13S TH          2,078.6       (77.6)      29.0
SANCHEZ ENERGY C  SNEUR EU        2,078.6       (77.6)      29.0
SBA COMM CORP     4SB GR          7,297.4    (1,916.5)      72.7
SBA COMM CORP     SBAC US         7,297.4    (1,916.5)      72.7
SBA COMM CORP     SBJ TH          7,297.4    (1,916.5)      72.7
SBA COMM CORP     SBACEUR EU      7,297.4    (1,916.5)      72.7
SCIENTIFIC GAM-A  TJW GR          7,073.2    (1,995.2)     434.7
SCIENTIFIC GAM-A  SGMS US         7,073.2    (1,995.2)     434.7
SEARS HOLDINGS    SEE GR          9,071.0    (3,527.0)     127.0
SEARS HOLDINGS    SEE TH          9,071.0    (3,527.0)     127.0
SEARS HOLDINGS    SHLD US         9,071.0    (3,527.0)     127.0
SEARS HOLDINGS    SEE QT          9,071.0    (3,527.0)     127.0
SEARS HOLDINGS    SHLDEUR EU      9,071.0    (3,527.0)     127.0
SHIFTPIXY INC     PIXY US             1.5        (0.6)      (1.0)
SIGA TECH INC     SIGA US           160.8      (296.1)      52.6
SILVER SPRING NE  SSNI US           449.6       (42.7)       0.7
SILVER SPRING NE  9SI GR            449.6       (42.7)       0.7
SILVER SPRING NE  9SI TH            449.6       (42.7)       0.7
SILVER SPRING NE  SSNIEUR EU        449.6       (42.7)       0.7
SIRIUS XM CANADA  XSR CN            307.0      (127.9)    (152.0)
SIRIUS XM CANADA  SIICF US          307.0      (127.9)    (152.0)
SIRIUS XM HOLDIN  SIRI US         7,931.8      (921.1)  (1,901.0)
SIRIUS XM HOLDIN  RDO TH          7,931.8      (921.1)  (1,901.0)
SIRIUS XM HOLDIN  RDO GR          7,931.8      (921.1)  (1,901.0)
SIRIUS XM HOLDIN  RDO QT          7,931.8      (921.1)  (1,901.0)
SIRIUS XM HOLDIN  SIRIEUR EU      7,931.8      (921.1)  (1,901.0)
SIRIUS XM HOLDIN  SIRI AV         7,931.8      (921.1)  (1,901.0)
SONIC CORP        SONC US           563.8      (173.1)      60.4
SONIC CORP        SO4 GR            563.8      (173.1)      60.4
SONIC CORP        SONCEUR EU        563.8      (173.1)      60.4
SOURCE ENERGY SE  SHLE CN           236.6       (62.2)      18.2
SOURCE ENERGY SE  S4O GR            236.6       (62.2)      18.2
SOURCE ENERGY SE  SHLEEUR EU        236.6       (62.2)      18.2
SOURCE ENERGY SE  SCEYF US          236.6       (62.2)      18.2
STRAIGHT PATH-B   STRP US            20.9       (10.2)      (7.4)
STRAIGHT PATH-B   5I0 GR             20.9       (10.2)      (7.4)
SYNTEL INC        SYNT US           434.1       (97.3)     122.8
SYNTEL INC        SYE GR            434.1       (97.3)     122.8
SYNTEL INC        SYE TH            434.1       (97.3)     122.8
SYNTEL INC        SYE QT            434.1       (97.3)     122.8
SYNTEL INC        SYNT1EUR EU       434.1       (97.3)     122.8
TAILORED BRANDS   TLRD US         2,114.2      (113.6)     712.4
TAILORED BRANDS   WRMA GR         2,114.2      (113.6)     712.4
TAUBMAN CENTERS   TU8 GR          4,044.9       (75.4)       -
TAUBMAN CENTERS   TCO US          4,044.9       (75.4)       -
TEMPUR SEALY INT  TPD GR          2,680.3       (11.3)      90.1
TEMPUR SEALY INT  TPX US          2,680.3       (11.3)      90.1
TINTRI INC        TNTR US            97.1       (68.5)      21.6
TINTRI INC        TI3 GR             97.1       (68.5)      21.6
TINTRI INC        TNTREUR EU         97.1       (68.5)      21.6
TOCAGEN INC       TOCA US            34.3        (1.5)      14.0
TOCAGEN INC       37T GR             34.3        (1.5)      14.0
TOCAGEN INC       TOCAEUR EU         34.3        (1.5)      14.0
TRANSDIGM GROUP   T7D GR         10,187.3    (2,038.8)   1,587.8
TRANSDIGM GROUP   TDG US         10,187.3    (2,038.8)   1,587.8
TRANSDIGM GROUP   TDG SW         10,187.3    (2,038.8)   1,587.8
TRANSDIGM GROUP   TDGCHF EU      10,187.3    (2,038.8)   1,587.8
TRANSDIGM GROUP   T7D QT         10,187.3    (2,038.8)   1,587.8
TRANSDIGM GROUP   TDGEUR EU      10,187.3    (2,038.8)   1,587.8
ULTRA PETROLEUM   UPL US          1,699.0    (3,016.7)     331.2
ULTRA PETROLEUM   UPL1EUR EU      1,699.0    (3,016.7)     331.2
ULTRA PETROLEUM   UPM1 GR         1,699.0    (3,016.7)     331.2
UNISYS CORP       UISCHF EU       1,962.3    (1,626.7)      19.3
UNISYS CORP       UISEUR EU       1,962.3    (1,626.7)      19.3
UNISYS CORP       UIS US          1,962.3    (1,626.7)      19.3
UNISYS CORP       UIS1 SW         1,962.3    (1,626.7)      19.3
UNISYS CORP       USY1 TH         1,962.3    (1,626.7)      19.3
UNISYS CORP       USY1 GR         1,962.3    (1,626.7)      19.3
UNITI GROUP INC   UNIT US         3,280.7    (1,426.9)       -
UNITI GROUP INC   8XC GR          3,280.7    (1,426.9)       -
VALVOLINE INC     VVV US          1,907.0      (218.0)     261.0
VALVOLINE INC     0V4 GR          1,907.0      (218.0)     261.0
VALVOLINE INC     0V4 TH          1,907.0      (218.0)     261.0
VALVOLINE INC     VVVEUR EU       1,907.0      (218.0)     261.0
VECTOR GROUP LTD  VGR GR          1,387.1      (264.3)     469.4
VECTOR GROUP LTD  VGR US          1,387.1      (264.3)     469.4
VECTOR GROUP LTD  VGR QT          1,387.1      (264.3)     469.4
VERISIGN INC      VRS TH          2,315.5    (1,187.7)     317.8
VERISIGN INC      VRS GR          2,315.5    (1,187.7)     317.8
VERISIGN INC      VRSN US         2,315.5    (1,187.7)     317.8
VERISIGN INC      VRSNEUR EU      2,315.5    (1,187.7)     317.8
VERITONE INC      VERI US            26.3       (25.0)     (26.8)
VERSUM MATER      VSM US          1,120.0       (61.7)     388.9
VERSUM MATER      2V1 GR          1,120.0       (61.7)     388.9
VERSUM MATER      VSMEUR EU       1,120.0       (61.7)     388.9
VERSUM MATER      2V1 TH          1,120.0       (61.7)     388.9
VIEWRAY INC       VRAY US            90.8       (27.0)      34.6
VIEWRAY INC       6L9 GR             90.8       (27.0)      34.6
VIEWRAY INC       VRAYEUR EU         90.8       (27.0)      34.6
WEIGHT WATCHERS   WTW US          1,301.0    (1,185.2)     (33.3)
WEIGHT WATCHERS   WW6 GR          1,301.0    (1,185.2)     (33.3)
WEIGHT WATCHERS   WW6 TH          1,301.0    (1,185.2)     (33.3)
WEIGHT WATCHERS   WTWEUR EU       1,301.0    (1,185.2)     (33.3)
WEIGHT WATCHERS   WW6 QT          1,301.0    (1,185.2)     (33.3)
WELBILT INC       WBT US          1,837.1       (26.3)      94.8
WELBILT INC       6M6 GR          1,837.1       (26.3)      94.8
WELBILT INC       MFS1EUR EU      1,837.1       (26.3)      94.8
WEST CORP         WSTC US         3,456.0      (390.6)     243.4
WEST CORP         WT2 GR          3,456.0      (390.6)     243.4
WIDEOPENWEST INC  WOW US          2,661.6      (645.2)     (33.7)
WIDEOPENWEST INC  WU5 GR          2,661.6      (645.2)     (33.7)
WIDEOPENWEST INC  WOW1EUR EU      2,661.6      (645.2)     (33.7)
WINGSTOP INC      WING US           113.2       (67.3)      (3.5)
WINGSTOP INC      EWG GR            113.2       (67.3)      (3.5)
WORKIVA INC       WK US             139.8        (5.0)      (2.5)
WORKIVA INC       0WKA GR           139.8        (5.0)      (2.5)
WORKIVA INC       WKEUR EU          139.8        (5.0)      (2.5)
YRC WORLDWIDE IN  YRCW US         1,727.9      (438.0)     243.7
YRC WORLDWIDE IN  YEL1 GR         1,727.9      (438.0)     243.7
YRC WORLDWIDE IN  YEL1 TH         1,727.9      (438.0)     243.7
YRC WORLDWIDE IN  YRCWEUR EU      1,727.9      (438.0)     243.7
YUM! BRANDS INC   YUM US          5,151.0    (5,812.0)    (281.0)
YUM! BRANDS INC   TGR GR          5,151.0    (5,812.0)    (281.0)
YUM! BRANDS INC   TGR TH          5,151.0    (5,812.0)    (281.0)
YUM! BRANDS INC   YUMEUR EU       5,151.0    (5,812.0)    (281.0)
YUM! BRANDS INC   YUMCHF EU       5,151.0    (5,812.0)    (281.0)
YUM! BRANDS INC   YUM SW          5,151.0    (5,812.0)    (281.0)
YUM! BRANDS INC   YUMUSD SW       5,151.0    (5,812.0)    (281.0)
YUM! BRANDS INC   YUMUSD EU       5,151.0    (5,812.0)    (281.0)


                            *********

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 ***