TCR_Public/170802.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Wednesday, August 2, 2017, Vol. 21, No. 213

                            Headlines

2020 PITKIN REALTY: May Use Bayview Loan's Cash Collateral
5310 BAYHAM: Files Plan to Exit Chapter 11 Protection
8100 VETERANS: Unsecureds to Recoup 100% at 5%
ABENGOA KANSAS: Unsecureds to Recoup 33% Under Plan
ABRAHAM TURK: Sale of Boca Raton Property Approved

ADEPTUS HEALTH: Equity Committee Seeks Ch. 11 Trustee Appointment
ADPT DFW: Distributions To Be Funded From DIP Facility Proceeds
ADVANCED SOLIDS: Has Until August 4 to File Plan of Reorganization
ADVANCED SOLIDS: Sale of Carlsbad Property for $265K Approved
ADVANCED TECHNOLOGY: S&P Lowers 2008 Revenue Bonds Rating to 'BB'

APOLLO SOLAR: May Use Cash Collateral Until Oct. 31
AUTO INC: Sale of Trucks for 75% of their Current Value Approved
AVAYA INC: Court Moves Plan Exclusivity Period to Sept. 16
BAIA LLC: Plan Outline Okayed, Plan Hearing on Sept. 6
BIG RIVER: Moody's Assigns B3 CFR; Outlook Stable

BIG RIVER: S&P Gives 'B' CCR & Rates $500MM Term Loan 'B'
BUCKTAIL MEDICAL: Plan Objection, Voting Deadline Moved to Aug. 21
BULL TACO: Case Summary & 20 Largest Unsecured Creditors
C & R EVENTS: Plan Outline Okayed, Pretrial Conference on Aug. 29
C&D COAL: To Pay Creditors Through Sale of Assets

CALEXICO COMMUNITY RDA : S&P Hikes 2011 Bonds Rating to CCC+
CALVARY COMMUNITY: Hires Lizada Law as Counsel
CARLOS DE LA GARZA JR: Sale of San Antonio Property for $565K OK'd
CARRINGTON FARMS: May Use Cash Collateral Through Oct. 31
CECIL BANCORP: TruPS Claim Holders to Recover at Least 4%

CGG HOLDING: US Secured Funded Debt Claim Holders to Recoup 100%
CITY TOURS: To Pay Wallis State Bank $26,000 Per Month for 6 Yrs.
CITYGOLF: Unsecureds to Get 10% Over 5 Yrs. From Effective Date
CLIFFS NATURAL: S&P Affirms 'B' Rating on $1.075BB Unsec. Notes
CONTINENTAL BUILDING: S&P Raises CCR to 'BB', Outlook Stable

CREEKSIDE CANCER CARE: Accuray to Get Nothing in Latest Plan
CUPCAKE SPOT: Has Until Oct. 4 to File Plan & Disclosures
DAVIS HOLDING: City of Lawrenceburg Objects to Plan Disclosures
DELTA BUSINESS: Has Interim Approval to Use Cash Collateral
DERRY COAL: Wants to Pay Creditors Through Sale of Assets

DIAMOND OFFSHORE: Moody's Rates Proposed $500MM Senior Notes Ba3
DIAMOND OFFSHORE: S&P Rates New 2025 Senior Unsecured Notes 'BB-'
DMG PRACTICE: S&P Assigns 'B' Corp Credit Rating, Outlook Stable
DRAGONWAVE INC: Lenders File Application to Appoint Receiver
DYNAMIC INTERNATIONAL: Taps Bell Davis, Garman Turner as Counsel

ENRIZON WORLDWIDE: Names Roger Schlossberg as Plan Administrator
EQUITY HOLDINGS: Unsecureds to Recoup At Least 48% Over 5 Yrs.
ESCALERA RESOURCES: Seeks Approval of Bid Procedures for Assets
ESHNAM HOSPITALITY: To Pay Creditors Through Sale of Dallas Hotel
EWT HOLDINGS III: S&P Affirms 'B' Rating on 1st Lien Secured Loans

FAUSER OIL: Taps Ravinia Capital as  Financial Advisors
FBX3 LLLP: Disclosures OK'd; Plan Confirmation Hearing on Aug. 24
FHC HEALTH: S&P Affirms 'B' CCR & Revises Outlook to Negative
FINTUBE LLC: Creditors Panel Hires Crowe & Dunlevy as Counsel
FLORIDA ORGANIC: Hires Equity Partners as Banking Consultant

FLYING CROWN: Hires Ronald J. Aiani as Counsel
FREE GOSPEL: Unsecureds to Get $986 Per Month for Seven Years
GARLOCK SEALING: Plan That Resolves Asbestos Claims Consummated
GENERAL WIRELESS: Committee Hires Bartlit Beck as Special Counsel
GM OILFIELD: To Pay 10% of Unsecured Creditors Over Six Years

GRASS VALLEY: Starr B Gets More Favorable Treatment in Latest Plan
GREATER EVANGEL: Amended Disclosure Statement Filed
GRIER BROS: Hires Tookes and Associates as Accountant
GYMBOREE CORP: Unsecureds May Recover Up to 0.092% Under Plan
HAMPSHIRE GROUP: Unsecureds to Recoup Up to 29% Under Plan

HBT JV: Seeks Conditional Approval of Plan Outline
HBT JV: Unsecureds To Be Fully Paid Under Plan
HCA INC: S&P Assigns 'BB' CCR & Revises Outlook to Positive
HOOPER TIMBER: Unsecured Creditors to be Paid 25% in Latest Plan
IFM (US) COLONIAL: S&P Hikes Secured Debt Rating to 'BB+'

INTEGRITY LIFE: Has Until Oct. 20 to File Plan & Disclosures
INTEGRITY LIFE: Hires Frank A. Principe as Attorney
JN MEDICAL: Unsecureds to Recoup 100% Under Plan
JOHN Q. HAMMONS: Sale of Springfield Property for $179K Approved
JOHN Q. HAMMONS: Sale of Springfield Property for $79K Approved

K & J COAL: Withdrew Without Prejudice Chest Township Property Sale
K&J COAL: Sale of Mineral Interests to Buffalo for $900K Approved
KEN'S FISH: U.S. Trustee Opposes Approval of Plan Outline
KINGDOM REAL ESTATE: Lonesome Opposes Approval of Plan Outline
LAST FRONTIER: Asks Court to Approve Plan Outline

LOMBARD PUBLIC: In Chapter 11 to Restructure $247M in Bond Debt
LOMBARD PUBLIC: Key Terms of Consensual Chapter 11 Plan
LOMBARD PUBLIC: Project Partner Fired, Out of Money Under Plan
LOMBARD PUBLIC: Westin Extends Deal by 20 Years, Gives Concessions
M/I HOMES: Moody's Rates Proposed $250MM Notes B1; Outlook Stable

M/I HOMES: S&P Rates New $250MM Notes BB- & Retains B+ CCR
MAC'S MARKET: Hires Murphy Law as Attorney
MAKO ONE CORPORATION: Hires Andy Epstein as Counsel
MARKS FAMILY: Hires Auction Specialists as Auctioneer
MAZOR'S BAKERY: Disclosures OK'd; Aug. 29 Plan Confirmation Hearing

MILLWORK SHOPPE: Sept. 14 Plan Confirmation Hearing
NATIONAL TRUCK: Hires Taylor & Martin as Appraiser
NETWORK SERVICES: Hires Dickson Commercial as Real Estate Broker
NEW CAL-NEVA: Convenience Claims to Get Fully Paid in 30 Days
NEW CAL-NEVA: Ladera Opposes Approval of Northlight Plan

NEW CAL-NEVA: Lienholders Object to Penta's Plan Disclosures
NORTHEAST ENERGY: Petro Choice No Longer Member of Committee
NOVATION COMPANIES: 2nd Amended Reorg Plan Declared Effective
OVERTON & OGBURN: To Continue $13K Monthly Mortgage Payments to JTS
PACE DIVERSIFIED: Exit Plan to Pay Unsecured Creditors in Full

PERSONAL SUPPORT: Intends to File Plan of Reorganization by Oct. 21
PET CAFE: Business Financial to be Paid $197,566 in Latest Plan
PMO CARE: May Use HomeStreet Bank's Cash Collateral Until Jan. 31
POST EAST: Plan Outline Okayed, Plan Hearing on Sept. 27
PREMIER MARINE: Lippert, Weitz Co. Appointed to Committee

PROCERA I: S&P Assigns 'B-' Corp Credit Rating, Outlook Stable
PUERTO RICO: Creditors Committee to Probe Local Banks Over Crisis
PUERTO RICO: Oversight Board Opposes Bid for PREPA Receiver
PUERTO RICO: San Juan Sues Oversight Board Over GDB Deal
RETAIL DESIGNS: Hires Dal Lago Law as Counsel

RIVER NORTH: Gets Approval of Plan to Exit Bankruptcy
SAUCIER BROS: Plan Outline Okayed, Plan Hearing on Sept. 7
SPANISH BROADCASTING: Regains Compliance with OTC Listing Rule
STEALTH SOFTWARE: Unsecureds to Recoup 3% Under Plan
STEWART DUDLEY: Magnify's Sale Closing of Condo Unit Partly Granted

STOLLINGS TRUCKING: Proposes to Liquidate Assets to Pay Creditors
SUCCESS INC: May Use AS Peleus' Cash Collateral Through Oct. 30
TIDEWATER INC: Successfully Emerges From Bankruptcy at July 31
TIDEWATER INC: To List New Common Stock Following Chapter 11 Exit
TMS INTERNATIONAL: S&P Affirms 'B+' CCR, Outlook Remains Stable

TOPS HOLDING: S&P Corrects CCR to CC on Distressed Exchange Offer
TRIGEE FOUNDATION: Orders Were Not Money Judgments, Court Rules
TRUGREEN LP: S&P Affirms 'B' Corp. Credit Rating, Outlook Stable
ULTRA PETROLEUM: Hartmans' Hedging Proceeds Claim Not Resolved
UNCAS LLC: Plan Outline Okayed, Plan Hearing on Sept. 27

UNITED MOBILE: Foxx to Contribute $500,000 on Confirmation Date
UNITED MOBILE: Hearing on Disclosures Approval Set for Aug. 3
UPPER ROOM BIBLE: Plan Outline Okayed, Plan Hearing on Aug. 31
US STEEL: Moody's Assigns Caa1 Rating to New Senior Unsecured Debt
US STEEL: S&P Rates New $750MM Senior Unsecured Notes 'B'

WELLMAN DYNAMICS: TRC Master Fund Appointed to Committee
WEST TEXAS BULLDOG: Hires Jesse Blanco as Bankruptcy Counsel
WEST TEXAS BULLDOG: Wants to Use Cash to Pay Operating Expenses
WESTINGHOUSE ELECTRIC: Submits 5-Year Business Plan to DIP Lenders
WESTINGHOUSE ELECTRIC: Wants to Move Plan Filing Period to Dec. 6

WL MECHANICAL: Hearing on Disclosure Statement Set for Aug. 21

                            *********

2020 PITKIN REALTY: May Use Bayview Loan's Cash Collateral
----------------------------------------------------------
The Hon. Nancy Hershey Lord of the U.S. Bankruptcy Court for the
Eastern District of New York has entered a stipulated order
allowing 2200 Pitkin Realty LLC to use Bayview Loan Servicing's
cash collateral.

As reported by the Troubled Company Reporter on May 11, 2017, the
Debtor sought court authorization to use cash collateral.

The Debtor owns a certain property located at 2200 Pitkin Avenue,
Brooklyn New York.  The Property has an approximate fair market
value of $755,000 based upon recent appraisal and has a first
priority secured Mortgage and Security Agreement, in the
approximate outstanding amount, subject to certain dispute on
amount, of $1,218,633 held by Bayview Loan Servicing.

The portions of the Stipulated Order authorizing the Debtor to use
cash collateral will be effective nunc pro tunc to the date of
April 1, 2017.  The parties agree that Bayview's liens and security
interests constitute valid, perfected and enforceable first
mortgage liens and first priority security interests in the
Property and the rents.  The amount of $21,914 in postpetition
Rents is currently being held in Debtor-in-Possession Bank
Account.

The Debtor and Bayview are prepared to resolve the cash collateral
request whereby, inter alia: (i) a budget agreed to by the Debtor
and Bayview will be put into place; (ii) the Debtor will continue
to manage the Property and pay all budgeted expenditures from the
cash collateral; (iii) the amount of $3,000, representing the
adequate protection payment due each month, will be paid to Bayview
until further order of the Court, which payments Bayview will
accept without prejudice and with a full reservation of rights; and
(iv) all monies in excess of the expenditures and payment listed in
(ii), and (iii) will be held by Debtor pending acceptance of a
Chapter 11 Plan in the case, or the conclusion of the Debtor's use
of Bayview's cash collateral, whichever is earlier; these monies
may be used by Debtor for any purpose outlined herein or in the
Chapter 11 Plan approved by the Court, and for any purpose as may
be agreed to by Bayview or its counsel, but for no other purpose.

The Debtor will provide one business days' notice to Bayview of any
expenditure that would cause any single line item to exceed 15% of
the monthly budgeted amount; and the Debtor will be authorized to
make and incur expenditures of an emergent nature and otherwise
required by federal, state, and municipal law, regulation, code and
directive, without receiving prior authorization from Bayview for
expenditure.  The Debtor will provide notice to Bayview as soon
thereafter as is practicable under the circumstances.

No later than the 15th day of each calendar month, the Debtor will
pay to Bayview, $3,000.  Any monies collected by Debtor in excess
of the Monthly Bayview Payment and the line-item expenses
contemplated in the budget or the stipulated court order, will be
held by Debtor in its Debtor-in-Possession operating account.  The
Debtor will not dispose of excess monies except as expressly
provided in this Stipulated Order or the Chapter 11 Plan.

The Debtor expressly agrees that it will not pay itself or any
insider or affiliate any management fee, and all Rents will be
immediately deposited in the DIP Account and used only for the
Debtor's regular management of the property as provided in the
stipulated court order and the budget.

The Debtor's use of Bayview's cash collateral will terminate upon
the earlier of: (i) the date that an order of the Court granting
Bayview relief from the automatic stay with respect to the
Property, or (ii) 180 days from the date of this stipulated court
order, unless further extended by an order of the Court.

Bayview may settle, on seven days' notice to the Debtor and the
U.S. Trustee, and all parties-in-interest via the Court's ECF
Docket, a proposed order terminating use of cash collateral if: (i)
in 90 days after entry of the stipulated court order the Debtor
does not propose a good faith reasonable offer to satisfy Bayview's
secured claim as well as prepare a term sheet showing how other
claims against the Debtor (including, but not limited to, tax
claims) will be satisfied, (ii) the Debtor makes a payment which is
not authorized by the stipulated court order, or (iii) the Debtor's
counsel receives written notice from Bayview of a violation of any
other provision of the stipulated court order and violation is not
cured within 10 days after receipt of notice.

A copy of the Stipulated Order is available at:

           http://bankrupt.com/misc/nyeb17-40082-42.pdf

                    About 2200 Pitkin Realty

2200 Pitkin Realty LLC, a single asset real estate, is the owner of
real property known as and located at 2200 Pitkin Avenue, Brooklyn,
NY.

2200 Pitkin Realty sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D.N.Y. Case No. 17-40082) on Jan. 9,
2017.  The petition was signed by Andres Lopez, owner.

The case is assigned to Judge Nancy Hershey Lord.

Rashmi Attri, Esq., at E. Waters & Associates, P.C., serves as the
Debtor's legal counsel.


5310 BAYHAM: Files Plan to Exit Chapter 11 Protection
-----------------------------------------------------
5310 Bayham LLC has filed with the U.S. Bankruptcy Court for the
Eastern District of Michigan its proposed plan to exit Chapter 11
protection.

Kirkland Financial, LLC and Wayne County Treasurer are the only
creditors whose claims are classified under the restructuring
plan.

5310 Bayham placed Kirkland's claim in Class 1, which consists of a
secured claim of $138,694.45 and an unsecured claim of $14,569.89.

The company will pay the full claim as a secured claim at an
interest rate of 5.5%.  Monthly payments will start on the
effective date of the plan and will be $1,774.38 per month for 97
months, at which time the mortgage will be deemed satisfied.
Moreover, Kirkland will have a replacement lien in the property
secured by the reorganized company's real property with the same
priority as it had prior to 5310 Bayham's bankruptcy filing.

Meanwhile, Wayne County Treasurer, which holds a secured claim in
the amount of $125,875.44, will receive monthly payments based upon
an amortization of the allowed claim.  

The Treasure asserts a tax lien on real estate in Dearborn Heights
owned by 5310 Bayham.

5310 Bayham expects to rely on the income from its business to fund
the plan.  It will continue to operate its commercial rental
business and has renegotiated the terms of its lease with its
tenant Patriot Tool, Inc.  The company expects to generate monthly
income of $6,600 from the operations of its business for the
duration of the lease, according to its plan filed on July 20.

A copy of the plan is available for free at https://is.gd/OnNPZx

                      About 5310 Bayham LLC

5310 Bayham, LLC is a Michigan limited liability company that owns
a real property leased by Patriot Tool, Inc.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. Mich. Case No. 17-44836) on March 31, 2017.  The
petition was signed by Randal A. Manny, president.  

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

Judge Thomas J. Tucker presides over the case.   Maxwell Dunn PLC
represents the Debtor as bankruptcy counsel.


8100 VETERANS: Unsecureds to Recoup 100% at 5%
----------------------------------------------
8100 Veterans SNS, LLC, filed with the U.S. Bankruptcy Court for
the District of Maryland a disclosure statement dated July 19,
2017, referring to the Debtor's plan of reorganization.

Class 3a General Unsecured Claims are impaired by the Plan.  The
holders will receive a monthly payment of $5,000 per month starting
July 1, 2020, and ending at an undetermined date.  Interest rate
will be 5%.  The holders are expected to recover 100%.

For the first 6 months of the Plan (and commencing Aug. 1, 2017),
Khalil Ahmad has committed to funding regular installments of
Principal and Interest for the BankUnited debt, to the extent that
Tenant is unable to pay rent while its business recovers.
Subsequent to this period, the plan will be funded from Rents
received, including additional payments as described above. The
debtor anticipates collecting at least partial rent commencing
October 2017.
A copy of the Disclosure Statement is available at:

         http://bankrupt.com/misc/mdb17-18846-16.pdf

                  About 8100 Veterans SNS

8100 Veterans SNS, LLC, owns real property in Anne Arundel County
known as 8100 Veterans Highway, Millersville, Maryland.

8100 Veterans filed a Chapter 11 petition (Bankr. D. Md. Case No.
17-18846) on June 29, 2017.  Khalil Ahmad, member, signed the
petition.  At the time of filing, the Debtor disclosed $4.85
million in assets and $3.43 million in liabilities.

The case is assigned to Judge David E. Rice.

David W. Cohen, Esq., at the Law Office of David W. Cohen and David
Silbiger, Esq., at Silbiger Law Offices as legal counsel.


ABENGOA KANSAS: Unsecureds to Recoup 33% Under Plan
---------------------------------------------------
Abengoa Bioenergy Biomass of Kansas LLC filed with the U.S.
Bankruptcy Court for the District of Kansas a disclosure statement
dated July 19, 2017, referring to the Missouri Liquidating
Trustee's first amended plan of liquidation for Abengoa Bioenergy
Biomass of Kansas LLC.

The Missouri Liquidating Trustee believes that confirmation and
implementation of the Plan is in the best interests of the Debtor's
estate, creditors and all other interested parties because the Plan
provides an estimated recovery of 33% to General Unsecured Claims
compared with an estimated 19% recovery if the Missouri
Intercompany Claims are allowed in full and receive pro rata
treatment.  

As reported by the Troubled Company Reporter on June 2, 2017, the
Debtor filed a liquidating plan, proposing that general unsecured
creditors recover 95% of their claims against the Debtor, and will
receive their pro rata share of the remaining cash.  

                About Abengoa Bioenergy US

Abengoa Bioenergy is a collection of indirect subsidiaries of
Abengoa S.A., a Spanish company founded in 1941.  The global
headquarters of Abengoa Bioenergy is in Chesterfield, Missouri.
With a total investment of $3.3 billion, the United States has
become Abengoa S.A.'s largest market in terms of sales volume,
particularly from developing solar, bioethanol, and water
projects.

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

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

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

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

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

               About Abengoa Bioenergy Biomass of Kansas

On March 23, 2016, three subcontractors asserting disputed state
law lien claims against Abengoa Bioenergy Biomass of Kansas, LLC
filed an involuntary petition under chapter 7 of the Bankruptcy
Code.  The case was converted to a case under chapter 11 of the
Bankruptcy Code (Bankr. D. Kan. Case No. 16-10446) on April 8,
2016.

In April 2016, Chief Bankruptcy Judge Robert E. Nugent denied the
request of Abengoa Bioenergy Biomass of Kansas to transfer its
case to the Bankruptcy Court for the District of Delaware where
cases involving its indirect parent companies and other affiliates
are pending.  Judge Nugent said the facts and unique circumstances
surrounding the debtor and its known creditors do not warrant
transferring the case.

The Debtor is represented by Christine L. Schlomann, Esq., Richard
W. Engel, Jr., Esq., and Erin M. Edelman, Esq., at Armstrong
Teasdale LLP, Vincent P. Slusher, Esq., David E. Avraham, Esq., R.
Craig Martin, Esq., and Kaitlin M. Edelman, Esq., at DLA Piper LLP
(US).

Petitioning creditor Brahma Group, Inc. is represented by W. Rick
Griffin, Esq. -- wrgriffin@martinpringle.com -- and Samantha M
Woods, Esq. -- smwoods@martinpringle.com -- at Martin Pringle
Oliver Wallace & Bauer.  Petitioning creditors CRB Builders LLC
and Summit Fire Protection Co. are represented by Robert M.
Pitkin, Esq. -- rPitkin@hab-law.com -- and Danne W Webb, Esq. --
dwebb@hab-law.com -- at Horn Aylward & Bandy LLC.

The Official Committee of Unsecured Creditors is represented in the
Kansas bankruptcy case by Adam L. Fletcher, Esq., Michelle
Manzoian, Esq., Alexis C. Beachdell, Esq., Michael A. VanNiel,
Esq., and Kelly S Burgan, Esq., at Baker & Hostetler LLP and Robert
L. Baer, Esq., at Cosgrove, Webb & Oman.

On April 14, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of liquidation.


ABRAHAM TURK: Sale of Boca Raton Property Approved
--------------------------------------------------
Judge Paul G. Hyman, Jr., of the U.S. Bankruptcy Court for the
Southern District of Florida authorized Abraham Turk's sale of real
property located at 4365 Bocaire Blvd., Boca Raton, Florida.

The sale is free and clear of liens, and any other claims and
encumbrances.

Prior to any completion of any sale, Wells Fargo must approve said
sale in writing.

Abraham Turk sought Chapter 11 protection (Bankr. S.D. Fla. Case
No. 15-18105) on May 1, 2015.


ADEPTUS HEALTH: Equity Committee Seeks Ch. 11 Trustee Appointment
-----------------------------------------------------------------
BankruptcyData.com reported that Adeptus Health's (AHI) official
committee of equity security holders filed with the U.S. Bankruptcy
Court an emergency motion to appoint a Chapter 11 trustee,
appointing an examiner and terminating the Debtors' exclusivity
period. The motion explains, "Stated simply, the Equity Committee
firmly believes that the appointment of a Chapter 11 trustee to act
as an independent fiduciary for AHI's stakeholders and prevent
AHI's currently conflicted Board of Directors and management from
further squandering AHI's assets for the primary benefit of
Deerfield is both necessary and proper and fully supported by the
evidence . . . .  The Equity Committee is prepared to propose a
plan solely with respect to AHI (one of the 140 Debtors in these
jointly administered Chapter 11 Cases) that maximizes value for the
AHI estate and affords substantial cash recoveries to the innocent
trade creditors, while ensuring that these Chapter 11 Cases move
forward in a productive manner. The Equity Committee requires an
honest broker working on behalf of AHI's estate for any such plan
to have a reasonable opportunity of moving forward. To be clear,
the Equity Committee seeks appointment of a trustee only with
respect to the Chapter 11 estate of AHI, and not with respect to
the 139 other Debtor estates . . . . Further, the Board/management
has completely ceded control of these cases to Deerfield . . . . .
Appointment of a trustee is now essential as the Debtors appear to
have completely lost sight of their fiduciary responsibilities to
the Debtors' estates on a one-off basis. The Debtors have
surrendered their impartiality and independence in favor of
allowing the outcome and timing of these Chapter 11 Cases to be
dictated by Deerfield. Alternatively, an independent examiner
should be appointed.  An independent examiner would be able to
conduct an investigation into Deerfield's control over the Debtors,
including AHI, and mitigate the lack of transparency that has
infected these matters to date."  The equity committee is also
seeking expedited consideration of this emergency motion.

                About ADPT DFW Holdings LLC

Adeptus Health LLC -- http://www.adpt.com/-- through its  
subsidiaries, owns and operates hospitals and free standing
emergency rooms in partnership with various healthcare providers.
Adeptus Health Inc. is a holding company whose sole material asset
is a controlling equity interest in Adeptus Health LLC.

Lewisville, Texas-based ADPT DFW Holdings LLC and its affiliates,
including Adeptus Health, Inc., and Adeptus Health LLC, each filed
Chapter 11 bankruptcy petitions (Bankr. N.D. Tex. Lead Case No.
17-31432) on April 19, 2017, listing $798.7 million in total assets
and $453.48 million in total debt as of Sept. 30, 2016. Andrew
Hinkelman, their chief restructuring officer, signed the
petitions.

Judge Stacey G. Jernigan presides over the cases.

Elizabeth Nicolle Boydston, Esq., Kristian W. Gluck, Esq., John N.
Schwartz, Esq., Timothy S. Springer, Esq., and Louis R. Strubeck,
Jr., Esq., at Norton Rose Fulbright US LLP serve as the Debtors'
bankruptcy counsel. The Debtors tapped DLA Piper LLP (US) as
special counsel; FTI Consulting, Inc., as chief restructuring
officer; Houlihan Lokey, Inc., as investment banker; and Epiq
Systems as claims and noticing agent.

On May 1, 2017, a nine-member official unsecured creditors
committee was formed in the case. The committee tapped Akin Gump
Strauss Hauer & Feld LLP as counsel. The Committee retained
CohnReznick as financial advisors.

On June 19, 2017, the U.S. Trustee appointed an official committee
of equity security holders. The equity committee hired Winstead
P.C. as legal counsel, Brown Rudnick LLP as co-counsel, Miller
Buckfire & Co., LLC and its affiliate Stifel, Nicolaus & Co., Inc.
as financial advisor and investment banker.

Daniel T. McMurray has been named as Patient Care Ombudsman in the
Debtors' cases. The PCO tapped Focus Management Group USA, Inc., as
medical operations advisor.


ADPT DFW: Distributions To Be Funded From DIP Facility Proceeds
---------------------------------------------------------------
ADPT DFW Holdings LLC, et al., filed with the U.S. Bankruptcy Court
for the Northern District of Texas a disclosure statement dated
July 19, 2017, relating to the Debtors' first amended joint plan of
reorganization.

Class 5 General Unsecured Claims are impaired by the Plan.
Recovery for holders of Class 5 claims are yet to be disclosed.

Each holder of an allowed general unsecured claim will receive its
pro rata share of the proceeds of the litigation trust pursuant to
the litigation trust waterfall, except to the extent that a holder
of an allowed general unsecured claim has been paid prior to the
Effective Date or agrees to a less favorable classification and
treatment in the ordinary course of business as if the Chapter 11
cases had never been commenced.

Plan distributions of cash will be funded from the proceeds of the
DIP Facility and the Debtors' cash on hand as of the applicable
date of the plan distribution.  Plan distributions of cash from the
litigation trust assets will be paid from the litigation trust.

Prepetition, the Debtors started negotiating in good faith at
arms-length with Bank of America, N.A., as administrative agent and
lender, and Bank of Montreal, Suntrust Bank, Regions Bank, Fifth
Third Bank, Raymond James Bank, N.A., Legacy Texas Bank, and
Goldman Sachs Bank USA, as lenders, and several other parties to
obtain postpetition financing.  The Debtors reached a deal for the
DIP facility with Deerfield, whereby Deerfield will provide
postpetition financing to certain of the Debtors in the form of a
credit facility in the principal amount of up to $58.0 million.
Although Adeptus Health, Inc. (PubCo) was not a loan party to the
prepetition credit agreement, it is an obligor with respect to the
DIP facility.  On April 21, 2017, the Court held a hearing on and
entered an order approving the DIP facility on an interim basis and
allowing the borrowers to use $22.0 million of the funding provided
under the DIP facility to fund operations on an interim basis, and
on June 6, 2017, the Court entered the final DIP court order and
approved the DIP facility on a final basis.

A copy of the Disclosure Statement is available at:

        http://bankrupt.com/misc/txnb17-31432-452.pdf

                About ADPT DFW Holdings LLC

Adeptus Health LLC -- http://www.adpt.com/-- through its  
subsidiaries, owns and operates hospitals and free standing
emergency rooms in partnership with various healthcare providers.
Adeptus Health Inc. is a holding company whose sole material asset
is a controlling equity interest in Adeptus Health LLC.

Lewisville, Texas-based ADPT DFW Holdings LLC and its affiliates,
including Adeptus Health, Inc., and Adeptus Health LLC, each filed
Chapter 11 bankruptcy petitions (Bankr. N.D. Tex. Lead Case No.
17-31432) on April 19, 2017, listing $798.7 million in total assets
and $453.48 million in total debt as of Sept. 30, 2016. Andrew
Hinkelman, their chief restructuring officer, signed the
petitions.

Judge Stacey G. Jernigan presides over the cases.

Elizabeth Nicolle Boydston, Esq., Kristian W. Gluck, Esq., John N.
Schwartz, Esq., Timothy S. Springer, Esq., and Louis R. Strubeck,
Jr., Esq., at Norton Rose Fulbright US LLP serve as the Debtors'
bankruptcy counsel. The Debtors tapped DLA Piper LLP (US) as
special counsel; FTI Consulting, Inc., as chief restructuring
officer; Houlihan Lokey, Inc., as investment banker; and Epiq
Systems as claims and noticing agent.

On May 1, 2017, a nine-member official unsecured creditors
committee was formed in the case. The committee tapped Akin Gump
Strauss Hauer & Feld LLP as counsel. The Committee retained
CohnReznick as financial advisors.

On June 19, 2017, the U.S. Trustee appointed an official committee
of equity security holders. The equity committee hired Winstead
P.C. as legal counsel.

Daniel T. McMurray has been named as Patient Care Ombudsman in the
Debtors' cases. The PCO tapped Focus Management Group USA, Inc., as
medical operations advisor.


ADVANCED SOLIDS: Has Until August 4 to File Plan of Reorganization
------------------------------------------------------------------
Judge Ronald B. King of the U.S. Bankruptcy Court for the Western
District of Texas has issued an order granting Advanced Solids
Control, LLC's Amended Third Motion, and extending the Debtor's
exclusive period to file its Chapter 11 Plan of Reorganization and
Disclosure Statement until August 4, 2017, as well as the deadline
for the confirmation of the Plan of Reorganization until November
8, 2017.

As reported by the Troubled Company Reporter on June 29, 2017, the
Debtor asked the Court to extend the exclusive time period within
which to file its Chapter 11 plan of reorganization and disclosure
statement until July 15, 2017, and the deadline to obtain
confirmation of the plan until Oct. 15, 2017.

The Debtor said that it will not be able to file its plan and
disclosure statement by June 30, 2017 (the Debtor's current
exclusive plan filing deadline), because it needed additional time
to coordinate the completion and filing of the plan and disclosure
statement.  The Debtor told the Court that it has been working
diligently with its counsel to prepare the necessary information
which would be essential to a plan and disclosure statement.  The
Debtor also said that plan and disclosure statement were already in
the process of being completed for review by the Debtor, and the
Debtor would require substantial time making the necessary
decisions to complete the plan.  

                  About Advanced Solids Control

Advanced Solids Control, LLC, is an oilfield service company
specializing in solids control for land-based oil and gas drilling
operations.  

Advanced Solids sought Chapter 11 protection (Bankr. W.D. Tex. Case
No. 16-52748) on Dec. 2, 2016.  W. Lynn Frazier, managing member,
signed the petition.  The Debtor estimated assets of $0 to $50,000
and $500,001 to $1,000,000 in debt.

The Debtor tapped William R. Davis, Jr., Esq., at Langley & Banack,
Inc., as counsel.


ADVANCED SOLIDS: Sale of Carlsbad Property for $265K Approved
-------------------------------------------------------------
Judge Ronald B. King of the U.S. Bankruptcy Court for the Western
District of Texas authorized Advanced Solids Control, LLC's sale of
real property described as 4004 S. Pat Garrett Ct., in Carlsbad,
New Mexico, to Morgan A. and Stevin C. Sommerville for $265,000.

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

Should the sale to the Buyers not close, the Debtor may sell the
Property to any third party for the minimum cash sales price in the
amount of $265,000.

The ordinary closing costs, including real estate commissions and
the local ad valorem taxing authorities (pro-rated through
closing), along with the cost of the survey and cost of an American
Home Shield policy not to exceed the amount of $625, are to be paid
in full at closing.

The lien of First National Bank of Beeville ("FNBB") will
automatically attach to the net sales proceeds based upon its
pre-petition priority, and the claim of FNBB paid directly from the
closing towards its outstanding balance (partial satisfaction).

                    About Advanced Solids Control

Advanced Solids Control, LLC, is an oilfield service company
specializing in solids control for land-based oil and gas drilling
operations.  

Advanced Solids sought Chapter 11 protection (Bankr. W.D. Tex.
Case No. 16-52748) on Dec. 2, 2016.  W. Lynn Frazier, managing
member, signed the petition.  The Debtor estimated assets of $0 to
$50,000 and $500,001 to $1,000,000 in debt.

The Debtor tapped William R. Davis, Jr., Esq., at Langley &
Banack, Inc., as counsel.


ADVANCED TECHNOLOGY: S&P Lowers 2008 Revenue Bonds Rating to 'BB'
-----------------------------------------------------------------
S&P Global Ratings lowered its rating on Advanced Technology
Academy (ATA), Mich.'s series 2008 revenue bonds to 'BB' from
'BB+'. The outlook is stable.

"We lowered the rating based on our 'U.S. Not-for-Profit Charter
School Methodology,' published on Jan. 3, 2017, on RatingsDirect,"
said S&P Global Ratings credit analyst Kaiti Wang.

S&P said, "We assessed ATA's enterprise profile as adequate,
characterized by a generally stable demand profile with flat
enrollment, a limited waitlist, academics that compare well
locally, and a solid charter standing. We assessed ATA's financial
profile as vulnerable, with an extremely weak liquidity profile
which is partly offset by good coverage levels and a relatively
manageable debt burden. We believe that, combined, these credit
factors lead to an indicative stand-alone credit profile of 'bb'
and a final rating of 'BB'. In our opinion, the 'BB' rating on the
bonds further reflects the risks associated with the school's very
low liquidity and continued reliance on short-term borrowing."

The bonds are secured by revenue of ATA as defined in the governing
bond documents consisting primarily of per-pupil funding from the
state.

The academy began operations with 11th and 12th grades in fall 1999
in Southfield, approximately 12-14 miles from Dearborn. It added
10th grade in fall 2001 and ninth in fall 2002. In fall 2005, ATA
expanded its offerings to elementary, middle, and junior-high
schools. ATA used series 2008 bond proceeds to purchase and
renovate its current site, which includes two buildings, with
nearly 140,000 square feet, approximately two miles from the
previous location. Due to the renovation, all students are now in
one campus. ATA is approximately seven miles west of Detroit, a
market with limited competition in proximity and academic focus. It
does not provide transportation, so most students commute five to
seven miles from western portions of Detroit.

"The stable outlook reflects our opinion that during the one-year
outlook period, ATA will likely maintain stable-to-growing
enrollment, produce positive operations on a full-accrual basis,
increase liquidity to historical levels, and maintain maximum
annual debt service coverage near current levels," added Ms. Wang.
S&P expects ATA will likely continue to rely on state aid
anticipation notes for operations over the next few years.


APOLLO SOLAR: May Use Cash Collateral Until Oct. 31
---------------------------------------------------
The Hon. Julie A. Manning of the U.S. Bankruptcy Court for the
District of Connecticut authorized Apollo Solar, Inc., to use cash
collateral, including proceeds from the Debtor's accounts
receivable, of the State of Connecticut Department of Economic and
Community Development, and Electronic Specialties of Connecticut
from Aug. 1, 2017, to Oct. 31, 2017.

A hearing on the Debtor's Motion will be held on Oct. 17, 2017, at
10:00 a.m.

The Secured Creditors are granted replacement and substitute liens
in all postpetition assets and proceeds thereof, excluding any
bankruptcy avoidance causes of action, and the replacement liens
will have the same validity, extent, and priority that the Secured
Creditors possessed as to the liens as of the Petition Date.

A copy of the court order is available at:

           http://bankrupt.com/misc/ctb17-50247-71.pdf

As reported by the Troubled Company Reporter on May 4, 2017, the
Court previously authorized the Debtor to use the cash collateral
for the period from May 1, 2017, through and including July 31,
2017.

                      About Apollo Solar

Headquartered at Fairfield, Connecticut, Apollo Solar, Inc.,
provides the residential, commercial, and remote telecom
Photovoltaic (PV) markets with innovative, technologically superior
electronics that have served industrial clients for decades.  

Apollo Solar filed for Chapter 11 bankruptcy (Bankr. D. Conn. Case
No. 17-50247) on March 7, 2017.  The petition was signed by John
Pfeifer, president.  As of the time of the filing, the Debtor
estimated up to $50,000 in assets and $1 million to $10 million in
liabilities.

The case is assigned to Judge Julie A. Manning.  

Scott Charmoy, Esq., at Charmoy & Charmoy, is serving as counsel to
the Debtor.  Diversified Financial Solutions, PC, is serving as
accountant.


AUTO INC: Sale of Trucks for 75% of their Current Value Approved
----------------------------------------------------------------
Judge Ronald B. King of the U.S. Bankruptcy Court for the Western
District of Texas authorized Auto, Inc.'s sale of trucks for at
least 75% of their current value.

The sale is free and clear of all liens claims and encumbrances,
with any such liens, claims or encumbrances attaching to the
proceeds of such sale.

The Bexar County ad valorem tax lien for tax years 2016 and prior
pertaining to the assets sold herein will attach to the sales
proceeds in the same priority, validity and amount as it existed
prior to the sale, and Debtor will pay said ad valorem tax debt
incident to the business personal property from the sales proceeds
in the amount of $1,100 within 15 days of receipt of the net sales
proceeds and prior to any disbursements of proceeds to any other
person or entity.  Bexar County will retain its statutory lien on
all other property of the Debtor to secure any remaining balance
owed for the payment of ad valorem taxes owed by the Debtor for tax
years 2017 and prior.

The proceeds of any such will be deposited in the DIP account and,
except as provided, will not be disbursed without further order of
the Court.

A copy of the list of trucks to be sold attached to the Motion is
available for free at:

          http://bankrupt.com/misc/Auto_Inc_18_Sales.pdf

                        About Auto Inc.

Auto Inc., owns a vehicle towing business, providing road side
assistance to drivers in Colorado and Texas.  It operates out of
five locations: San Antonio, Texas, Dallas, Texas, Houston, Texas,
Denver, Colorado, and Colorado Springs, Colorado.

Auto Inc., filed a Chapter 11 bankruptcy petition (Bankr. W.D.
Tex.
Case No. 17-50969) on April 27, 2017.  The petition was signed by
Michael Stine, president.  The Debtor estimated $0 to $50,000 in
assets and $1 million to $10 million in liabilities.  The Hon.
Lena M. James presides over the case.  Eric Liepins, PC, serves
as counsel to the Debtor.


AVAYA INC: Court Moves Plan Exclusivity Period to Sept. 16
----------------------------------------------------------
Judge Stuart M. Bernstein of the U.S. Bankruptcy Court for the
Southern District of New York has extended Avaya Inc., et al.'s
plan filing exclusivity period through September 16, 2017, and the
Debtors' exclusive solicitation period through November 15, 2017.

As reported by the Troubled Company Reporter on July 14, 2017, the
Debtors sought a 60-day extension of their exclusive plan filing
and solicitation periods, saying that sufficient cause exists to
extend the Exclusivity Periods for at least these five reasons:

     -- the Debtors' Chapter 11 cases are large and complex.  
        These Chapter 11 cases involve 18 Debtor entities, which
        have over 2,800 employees, two U.S. pension plans, and
        approximately $6 billion in funded debt.  Complicating
        matters, the Debtors' business operations rely in part on
        their international footprint, which extends to over 150
        non-Debtor affiliates who operate in countries across the
        globe.  The Debtors' challenges are further compounded by
        a complex corporate and capital structure as well as a
        transforming telecommunications industry marked by fierce
        market competition;

     -- the Debtors have made good faith progress towards exiting
        Chapter 11.  The Debtors have already hit certain key
        Milestones necessary for their ultimate reorganization,
        including the approval of the sale of their Networking
        Business.  In addition, and importantly, the Debtors have
        used their previous extension of the Exclusivity Periods
        constructively by engaging in ongoing, substantive
        discussions with their key stakeholder groups and their
        advisors around the terms of their ultimate
        reorganization;

     -- an extension of the exclusivity periods will not prejudice
        creditors.  The Debtors are requesting an extension of the
        Exclusivity Periods in order to complete their
        restructuring initiatives and to allow the restructuring
        process to continue unhindered by competing plans.  In
        particular, continued exclusivity will enhance (not
        hinder) the Debtors' ongoing efforts to reach a consensus
        among key stakeholder groups;

     -- the Debtors are paying their bills as they come due.      

        Since the Petition Date, the Debtors have paid their
        vendors and third party partners in the ordinary course of
        business or as otherwise provided by court order; and

     -- the Debtors have demonstrated reasonable prospects for
        filing a viable plan.  During their time in Chapter 11,
        the Debtors have already achieved significant steps toward
        reorganization.

The Debtors also Yplained that they have engaged in direct
discussions with key stakeholders, reflecting a substantial portion
of their overall capital structure, in an effort to achieve a
global resolution among such groups regarding their ultimate
reorganization. While the confidential nature of these discussions
preclude a more fulsome description at the present time, the
Debtors strongly believed that the brief, 60-day continuation of
the Exclusivity Periods will further these discussions and,
hopefully, facilitate a successful conclusion in the near term.

                        About Avaya Inc.

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

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

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

Judge Stuart M. Bernstein presides over the cases.

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

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

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


BAIA LLC: Plan Outline Okayed, Plan Hearing on Sept. 6
------------------------------------------------------
The U.S. Bankruptcy Court for the District of Maryland is set to
hold a hearing on September 6 to consider approval of the Chapter
11 plan for BAIA, LLC and Ridgeville Plaza, Inc.

The hearing will be held at 11:00 a.m., at Courtroom 9D, U.S.
Courthouse, 101 West Lombard Street, Baltimore, Maryland.

The court on July 20 approved the companies' disclosure statement,
allowing them to start soliciting votes from creditors.  

The order set an August 23 deadline for creditors to file their
objections and cast their votes accepting or rejecting the plan.

                        About Baia LLC

Baia, LLC, is a limited liability company organized in 2006 with
principal place of business located in Carroll County, Maryland.
It owns, leases and manages commercial real property located in
Mt. Airy, Maryland.

Ridgeville Plaza, Inc. is a corporation formed in 1998 with
principal place of business located in Carroll County, Maryland.
It owns, leases and manages a commercial real property located in
Mt. Airy, Maryland.

Baia and Ridgeville filed Chapter 11 petitions (Bankr. D. Md. Lead
Case No. 16-26941) on Dec. 30, 2016.  The petitions were signed by
Frank Illiano, president.  

The cases are assigned to Judge David E. Rice.  The Debtors are
represented by James Greenan, Esq., at McNamee, Hosea, et al.  

At the time of filing Baia estimated assets of less than $50,000
and liabilities of $10 million to $50 million.  Ridgeville
estimated less than $50,000 in assets and $10 million to $50
million in liabilities.
  
On May 1, 2017, the Debtors filed a disclosure statement, which
explains their proposed Chapter 11 plan.


BIG RIVER: Moody's Assigns B3 CFR; Outlook Stable
-------------------------------------------------
Moody's Investors Service assigned a B3 Corporate Family Rating
(CFR) and a B3-PD Probability of Default Rating (PDR) to Big River
Steel LLC. In addition, Moody's assigned a B3 rating to the
company's proposed $500 million term loan B and its $500 Million
senior secured notes. These ratings are commensurate with the
corporate family rating since the term loan and the secured notes
will have the same collateral securing the borrowings and will
account for almost all of the debt in the company's capital
structure. The proceeds from the term loan and the notes will be
used to repay existing debt and to cover transaction fees and
expenses. The ratings outlook is stable. This is the first time
Moody's has rated Big River Steel LLC.

Assignments:

Issuer: Big River Steel LLC

-- Corporate Family Rating, Assigned B3;

-- Probability of Default Rating, Assigned B3-PD;

-- $500 million senior secured term loan B3 (LGD4).

-- $500 million senior secured notes B3 (LGD4).

Outlook Actions:

Issuer: Big River Steel LLC

-- Outlook, Assigned Stable

RATINGS RATIONALE

Big River Steel's B3 corporate family rating reflects its small
size and limited scale with a single production facility in
Osceola, Arkansas, its limited operating history, high initial
leverage and its exposure to the volatile steel sector. The rating
also reflects the risk of unexpected technical issues as Big River
starts up value added processing equipment. It also incorporates
the risk the company is not able to capture share from entrenched
competitors as its ramps up production. Its very weak near term
credit metrics, with an adjusted leverage ratio (Debt/EBITDA) well
above 10x and negative interest coverage (EBIT/Interest) are also
factored in the rating.

The B3 rating is supported by the successful start-up of Big
River’s steel mill and its ability to produce over 110,000 tons
of steel in its sixth full month of operations and achieve a 81%
utilization rate for the month ended June 30, 2017. It is also
supported by its investments in equipment and capabilities that
should enable it to produce higher quality steel products that are
typically produced by an integrated steel producer, but with the
cost structure and flexibility of an EAF mini-mill steel producer.
The rating also reflects the relatively favorable near term
dynamics of the domestic steel sector supported by prices in the
upper end of the range of the past few years along with modestly
improved end market demand.

Moody's anticipates that the company will continue to gradually
increase its output and upgrade its mix and benefit from relatively
healthy steel prices, which remain in the upper end of the range of
the past three years. Hot rolled coil prices peaked at about $660
per ton in March 2017 before softening to around $590 per ton in
June 2017, likely due to rising imports in reaction to domestic
price spreads having widened versus overseas prices, and weakening
raw material prices. However, HRC prices have recently risen to
about $620 per ton and Moody's does not expects prices to contract
materially considering the favorable trade case outcomes of the
past few years along with the possibility of further protectionist
policies by the Trump administration. Modestly improved domestic
steel consumption should also support steel prices as strengthening
demand from the construction and energy sectors, along with
moderately improved industrial production and a stabilization in
the mining sector should more than offset somewhat lower automotive
sector demand in 2017. Assuming domestic steel industry conditions
remain relatively stable over the next 12 to 18 months, then Big
River should be able to generate a level of EBITDA in 2018 that
will bring its metrics more in line with its current rating, with
an adjusted leverage ratio below 6.0x and an interest coverage
ratio approaching 1.5x.

Big River is expected to maintain adequate liquidity and will have
no meaningful term debt maturities prior to the maturity date of
the proposed term loan B in 2023. The company is expected to
maintain a moderate cash balance and ample availability on its $225
million revolver, which may be utilized to support working capital
investments as the company ramps up its output and sales volumes.
The company should begin to generate positive free cash flow in
2018 as EBITDA generation ramps up and capital spending declines
materially.

The stable ratings outlook presumes the company's operating results
and credit metrics will improve substantially over the next 12 to
18 months and the company will not experience any significant
production issues.

The ratings are not likely to be upgraded in the near term
considering the company's modest size and lack of end market
diversity. The company would need to increase its scale and
diversity and maintain a leverage ratio below 4.5x, an interest
coverage ratio above 2.0x and generate consistently positive free
cash flow for an upgrade to be considered.

Negative rating pressure could develop if the company experiences
any significant production issues as it ramps up its utilization
rate and begins to produce higher quality steel products. Any
material disruptions that result in weaker than expected operating
performance, or the pursuit of debt financed growth projects that
result in weaker than expected credit metrics would negatively
impact the company's rating. The leverage ratio remaining above
5.5x or the interest coverage ratio persisting below 1.5x could
lead to a downgrade. A significant reduction in borrowing
availability or liquidity could also result in a downgrade.

The principal methodology used in these ratings was Global Steel
Industry published in October 2012.

Big River Steel LLC, headquartered in Osceola, Arkansas, operates a
flex steel mill with 1.65 million tons of capacity and is currently
producing hot rolled, cold rolled and galvanized steel products.
The mill began commercial production in December 2016 and is
expected to eventually have the capability to produce higher
quality steel products, such as high grade API and motor lamination
steels and advanced high strength steels. The company plans to
serve the transportation, infrastructure, energy and electric power
sectors.


BIG RIVER: S&P Gives 'B' CCR & Rates $500MM Term Loan 'B'
---------------------------------------------------------
S&P Global Ratings assigned its 'B' corporate credit rating to
Osceola, Ark.-based steel producer and recycler Big River Steel
LLC. The outlook is positive.

S&P said, "At the same time, we assigned our 'B' issue-level rating
to the company's proposed $500 million senior secured term loan B
due 2023 and $500 million senior secured notes due 2025. The
recovery rating on both issues is '3', indicating our expectation
of meaningful (50% to 70%; rounded estimate: 60%) recovery in the
event of a payment default.

"Our 'B' corporate credit rating reflects the greenfield risks and
transitional nature of Big River Steel's credit quality, which is
characterized by its relatively high near-term leverage, the need
for material EBITDA ramp up, and nascent operating history. This is
further supported by our expectations for year-end 2017 adjusted
leverage to be about 10x, falling to slightly less than 5x by
year-end 2018, driven by higher EBITDA generation as the company
ramps up production over the next six to 12 months. At the same
time, we expect EBITDA interest coverage of about 1.75x at the end
of 2017, growing to more than 3x by year-end 2018.

"The positive outlook indicates that we could raise the ratings
over the next 12 months if the company achieves its operational
milestones and performance expectations for tons sold, additional
customer contracts signed, EBITDA margins, and industry
certifications. We expect BRS to produce adjusted EBITDA margins by
year-end 2017 of approximately 18%, growing to about 23% in 2018,
assuming the spread between HRC and scrap steel is roughly $265/st.
As a result, we expect adjusted debt to EBITDA of approximately 10x
in 2017, falling to between 4.5x and 5x in 2018. Our expectations
are based on our view that BRS' greenfield operations will achieve
its forecast to produce another 600,000 tons in the second half of
2017 and 1.6 million tons in 2018. Notably, our positive outlook
also assumes that our view of Koch's support does not change over
the next 12 months. To the extent that this relationship changes
over time, however, we could reassess this support.

"We could raise our ratings on BRS if it were able to execute its
strategy and establish a solid track record of successful
operations and EBITDA generation. In our view, BRS would need to
demonstrate sustained EBITDA margins above 20%, with adjusted
leverage between 4.5x and 6.5x, over the next 12 months, mainly
driven by achieving the assumed HRC/scrap spread and production
volumes. We would also expect the company to shift its product mix
toward more value-added, higher-margin products, likely leading to
improved profitability metrics.

"We could revise our outlook on BRS to stable if there were any
production delays or any meaningful changes in operational and
financial performance, such as the inability to sign new sales
contracts, potentially leading to adjusted debt to EBITDA sustained
above 8x and/or EBITDA interest coverage sustained below 1.5x. This
could occur due to lower shipments or if the spread between HRC
steel and scrap steel fell to less than $250/st and we believed it
could be sustained at this lower level. We could also take a
negative rating action if Koch were to divest its stake in BRS or
it fell into financial difficulty and we didn't expect any support
from Koch."


BUCKTAIL MEDICAL: Plan Objection, Voting Deadline Moved to Aug. 21
------------------------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Pennsylvania
issued a revised order, which extended the deadline for filing
ballots and objections to Bucktail Medical Center's Chapter 11 plan
of reorganization to August 21.

The hearing to consider confirmation of the plan is scheduled for
September 7, at 9:30 a.m.

                 About Bucktail Medical Center

The Bucktail Medical Center owns and operates a 21-bed Critical
Access Hospital, a 43 bed skilled nursing care facility, a basic
life-support ambulance, and a community health clinic.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. M.D.
Pa. Case No. 15-04297) on Oct. 2, 2015.  The Debtor's petition was
signed by Timothy Reeves, CEO.

Judge John J. Thomas presides over the case. Kevin Joseph Petak,
Esq., and James R. Walsh, Esq., at Spence, Custer, Saylor, Wolfe &
Rose, LLC, serves as counsel to the Debtors.

In its petition, Bucktail Medical Center estimated assets of less
than 50,000 and liabilities of $1 million to $10 million.

The Debtor filed a Chapter 11 plan of reorganization on April 6,
2017, and a disclosure statement on April 17, 2017.


BULL TACO: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------
Debtor: Bull Taco, LLC
        101 S. Coast Hwy
        Encinitas, CA 92024

Type of Business: Based in Encinitas, California, Bull Taco is
                  a small business Debtor as defined in 11 U.S.C.
                  Section 101(51D).  It is a single location
                  business specializing in restaurants.

Chapter 11 Petition Date: July 31, 2017

Case No.: 17-04535

Court: United States Bankruptcy Court
       Southern District of California (San Diego)

Judge: Hon. Christopher B. Latham

Debtor's Counsel: Vikrant Chaudhry, Esq.
                  VC LAW GROUP, LLP
                  6540 Lusk Blvd., Suite C219
                  San Diego, CA 92121
                  Tel: 858-519-7333
                  E-mail: vik@thevclawgroup.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Greg Lukasiewicz, president.

The Debtor's list of 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/casb17-04535.pdf


C & R EVENTS: Plan Outline Okayed, Pretrial Conference on Aug. 29
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Tennessee is
set to hold a pretrial conference on confirmation of the Chapter 11
plan of reorganization for C & R Events Enterprise LLC on August
29, at 11:00 a.m.

The court had earlier approved the company's disclosure statement,
allowing it to start soliciting votes from creditors.  

The July 18 order set an August 22 deadline for creditors to file
their objections and cast their votes accepting or rejecting the
plan.

                  About C & R Events Enterprise

Based in Memphis, Tennessee, C & R Events Enterprise LLC sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. W.D.
Tenn. Case No. 17-23363) on April 13, 2017.  The petition was
signed by Francisco DaSilva, owner and manager.  

At the time of the filing, the Debtor disclosed $1.87 million in
assets and $1.09 million in liabilities.

The case is assigned to Judge David S. Kennedy.  Henry C. Shelton,
III, Esq., at Adams and Reese LLP serves as the Debtor's bankruptcy
counsel.

On June 7, 2017, the Debtor filed a Chapter 11 plan of
reorganization and disclosure statement.


C&D COAL: To Pay Creditors Through Sale of Assets
-------------------------------------------------
C&D Coal Company, LLC, filed with the U.S. Bankruptcy Court for the
Western District of Pennsylvania a disclosure statement dated July
19, 2017, to accompany the Debtor's Chapter 11 plan dated July 19,
2017.

The funds for planned payments, including funds necessary for
capital replacement, repairs, or improvements will come from the
sale of the Debtor's assets.

Recovery for Class 20 General Unsecured Claims are yet to be
disclosed.

These executory contracts are to be assumed or assigned: (a)
purchase of 19,000 acres of coal and gas rights from Kingston Coal
Company and Kingston Gas Company; and (b) purchase of 285 acres in
Latrobe, PA, from North Carolina Fuel Company.

These properties will be transferred subject to 11 U.S.C. Section
1146(c): (a) 84 acres (surface) in Latrobe, PA; (b) 114 acres (coal
and gas rights) in Latrobe, PA; (c) 19,000 acres (coal and gas
rights) assigned from Kingston Coal Company and Kingston Gas
Company.

A copy of the Disclosure Statement is available at:

          http://bankrupt.com/misc/pawb16-24726-99.pdf

          About C&D Coal Company and Derry Coal Company

C&D Coal Company, LLC, and Derry Coal Company, LLC, both based in
Derry, PA, filed separate Chapter 11 petitions (Bankr. W.D Pa. Case
Nos. 16-24726 and 16-24727) on Dec. 22, 2016. The petitions were
signed by Jimmy Edward Cooper, managing member.  Judge Gregory L.
Taddonio presides over the case of C&D Coal Company. Judge Thomas
P. Agresti was initially assigned to Derry Coal's case.  Judge
Taddonio later took over.

The cases are not jointly administered.

The Debtors are represented by Robert O Lampl, Esq., at Robert O.
Lampl, Attorney at Law.

C&D Coal Company listed $10 million to $50 million in both assets
and liabilities.  Derry Coal listed $1 million to $10 million in
both assets and liabilities.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on Jan. 17, 2017,
appointed three creditors of C&D Coal Company, LLC, to serve on the
official committee of unsecured creditors. The committee members
are: (1) W.B. Kania & Associates, LLC; (2) AC Power Tech, Inc.; (3)
Global Mine Service Incorporated; (4) Francis Enterprises, Inc.;
(5) Dolges Electric, Inc.; (6) Integrated Power Services; and (7)
Kingston Coal Company.

The Committee of Unsecured Creditors of C&D Coal retains Michael J.
Roeschenthaler, Esq., and Kelly E. McCauley, Esq., at Whiteford,
Taylor & Preston, LLC, as counsel; and Albert's Capital Services,
LLC, as financial advisors.

An official committee of unsecured creditors has not been appointed
in Derry Coal's case.


CALEXICO COMMUNITY RDA : S&P Hikes 2011 Bonds Rating to CCC+
------------------------------------------------------------
S&P Global Ratings raised its ratings on Calexico Community
Redevelopment Agency, Calif.'s series 2011 school district bonds to
'CCC+' from 'CCC-'. The outlook is developing.

"The upgrade reflects our understanding that sufficient funds have
been deposited with the trustee in time to pay the Aug. 1, 2017,
debt service payment and replenish the debt service reserve," said
S&P Global Ratings credit analyst Benjamin Geare. "However, the
'CCC+' rating reflects our opinion that the series 2011 bonds
remain vulnerable to default."

S&P said, "We have not received any agreement or resolution
ensuring that pledged pass-through revenue will be disbursed in
accordance with bond documents and the postdissolution flow of
funds in the future, beyond assurances that the Aug. 1, 2017, debt
service payment will be made in full and on time with funds already
on deposit with the trustee. As a result of this uncertainty, we
have revised our outlook to developing."

The 2011 school district bonds are secured by pledged tax revenue,
primarily composed of pass-through payments due to the Calexico
Unified School District under three pass-through agreements between
the district and the agency. Pursuant to formulas in the
agreements, pass-through payments due to the district are derived
from a portion of the gross tax increment revenue generated from
the agency's Amendment Area Nos. 1, 2, and 3.


CALVARY COMMUNITY: Hires Lizada Law as Counsel
----------------------------------------------
Calvary Community Assembly of God, Inc., seeks authority from the
U.S. Bankruptcy Court for the District of Nevada to employ Lizada
Law Firm, Ltd., as counsel to the Debtor.

Calvary Community requires Lizada Law to:

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

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

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

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

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

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

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

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

Lizada Law will be paid at these hourly rates:

     Attorney                $275
     Paralegal               $175

On June 19, 2017, prior to the Petition Date, the Debtor paid
Lizada Law $5,000 towards the flat fee for the professional
services and paid $1,717 filing fee.

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

Angela J. Lizada, partner of Lizada Law Firm Ltd., 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.

Lizada Law can be reached at:

     Angela J. Lizada, Esq.
     LIZADA LAW FIRM, LTD.
     501 S. 7 TH St.
     Las Vegas, NV 89101
     Tel: (702) 979-4676
     Fax: (702) 979-4121
     E-mail: angela@lizadalaw.com

        About Calvary Community Assembly of God, Inc.

Calvary Community Assembly of God is a Pentecostal church in Las
Vegas Nevada. This Assemblies of God church serves Clark County NV
- Pastor Bruce A Morris. Calvary Community Church is located on an
11-acre campus at 2900 N. Torrey Pines Drive, just a few blocks off
the I-95 freeway. In September 2004, Pastor Bruce and Donita Morris
began their time serving Calvary.  Website: http://www.ccalv.org/

Calvary Community Assembly of God, Inc., based in Las Vegas, NV,
filed a Chapter 11 petition (Bankr. D. Nev. Case No. 17-13475) on
June 28, 2017. Angela J. Lizada, Esq., at Lizada Law Firm Ltd.,
serves as bankruptcy counsel.

In its petition, the Debtor estimated $11.04 million in assets and
$3.53 million in liabilities. The petition was signed by Bruce A.
Morris, pastor.



CARLOS DE LA GARZA JR: Sale of San Antonio Property for $565K OK'd
------------------------------------------------------------------
Judge Ronald B. King of the U.S. Bankruptcy Court for the Western
District of Texas authorized Carlos A. De La Garza, Jr., and Janice
B. De La Garza to sell their real property located at 9621 Rochelle
Road, San Antonio, Texas, and more particularly described as Lot
19, Block R, NCB 14670, BLK R LOT 19, San Antonio, Bexar County,
Texas, to Douglas P. Hanson and Heather S. Hanson Revokable Trust
for $565,000.

The sale is free and clear of all liens, claims, and encumbrances
other than items listed on the Real Property Taxes in the
approximate amount of $15,000; A Federal Tax Lien in the
approximate amount of $2,423,263 (IRS).

None of the sale proceeds will be paid to the Debtors.

Nothing in the Order will be deemed to extinguish any ad valorem
tax lien for the current tax year or any subsequent tax year.  The
ad valorem tax lien for tax year 2016 and prior pertaining to the
subject property will attach to the sales proceeds and that the
closing agent will pay all ad valorem tax debt owed incident to the
subject property immediately upon closing and prior to any
disbursement of proceeds to any other person or entity.

The ad valorem taxes for year 2017 pertaining to the subject
property will be prorated in accordance with the Earnest Money
Contract and will become the responsibility of the Purchaser and
the 2017 ad valorem tax lien will be retained against the subject
property until said taxes are paid in full.

The Order is not stayed pursuant to Rule 6004(h).

Carlos A. De La Garza, Jr. and Janice B. De La Garza sought
Chapter 11 protection (Bankr. W.D. Tex. Case No. 16-50471)
on Feb. 29, 2016.


CARRINGTON FARMS: May Use Cash Collateral Through Oct. 31
---------------------------------------------------------
The Hon. Bruce A. Harwood of the U.S. Bankruptcy Court for the
District of New Hampshire has granted Carrington Farms Condominium
Owners' Association permission to use up to $164,508 of cash
collateral from Aug. 1, 2017, through Oct. 31, 2017, to pay costs
and expenses incurred by the Debtor in the ordinary course of
business.

A hearing on the cash collateral use will be held on Oct. 25, 2017,
at 1:30 p.m.

Objections to the application for ongoing usage of cash collateral
must be filed by Oct. 18, 2017.

The Debtor will file a further application for ongoing usage of
cash collateral by Oct. 10, 2017.

The security agreement entered into by and between Granite Bank,
formerly known as First Colebrook Bank and the Debtor, dated Feb.
6, 2014, granted the Bank the following collateral as security for
the payment of the claim asserted by the Bank in the amount of
$395,408.47 plus interest, late charges and attorney fees and
expenses, all of which continue to accrue:

     a. all deposit accounts including, but not limited to,
        demand, time, savings, passbook, and similar accounts held

        at the Bank;

     b. an assignment of the right to assess and collect
        condominium fees; and

     c. all proceeds and products of the collateral.

The Debtor will deposit all funds received during this case in a
deposit account maintained at the Bank.

As adequate protection for the interest of the Bank in the Bank
Collateral (including the cash collateral) on account of the
Debtor's use of cash collateral and any decline in value arising
out of the automatic stay, the Debtor's use, sale, depreciation, or
disposition of the Bank Collateral or any other reason during this
case, the Debtor will grant the Bank the replacement liens and pay
the Bank: $5,342.55 on each of Aug. 7, 2017, Sept. 6, 2017, and
Oct. 6, 2017.

The Bank will be granted additional and replacement security
interests and liens in, to and on (a) the Bank Collateral with the
same perfection and priority that it had in the assets prior to the
Petition Date, and (b) the Debtor's post-petition assets of the
same kinds, nature, and types as the Bank Collateral, as well as
the proceeds thereof, which Replacement Liens granted will be
deemed valid and perfected notwithstanding the requirements of
non-bankruptcy law.

A copy of the Order is available at:

          http://bankrupt.com/misc/nhb17-10137-132.pdf

As reported by the Troubled Company Reporter on July 24, 2017, the
Debtor sought court authorization to use up to $159,983 of the
proceeds of its accounts and other cash collateral to pay the costs
and expenses for the period starting Aug. 1, 2017, and ending on
Oct. 31, 2017.

                    About Carrington Farms
                Condominium Owners Association

Carrington Farms Condominium Owners' Association, a not for profit,
voluntary association organized under RSA 292, is responsible for
the management and operation of Carrington Farms.  It is managed by
NH Core Properties, LLC, acting through Tom Carroll.  Although it
was administratively dissolved, Carrington Farms Condominium
Owners' Association has applied for reinstatement.

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


CECIL BANCORP: TruPS Claim Holders to Recover at Least 4%
---------------------------------------------------------
Cecil Bancorp, Inc., filed with the U.S. Bankruptcy Court for the
District of Maryland a first amended disclosure statement dated
July 24, 2017, with respect to the Debtor's plan of
reorganization.

Class 1 TruPS Claims are impaired by the Plan.  Each holder of an
Allowed TruPS Claim is entitled to vote to accept or reject the
Plan.  Each holder of an Allowed TruPS Claim holds a pro rata
amount of aggregate Allowed TruPS Claim.  On the Effective Date,
the holders of Allowed TruPS Claims will receive their pro rata
share of the greater of: (a) $1 million or (b) the auction
proceeds.  The distribution made to the TruPS claims will be made
directly to Wilmington Trust as Trustee under the terms of the
Trust Indentures.  Wilmington's receipt of the distribution will be
subject to the deduction of fees and expenses as allowed by the
terms of the Trust Indentures.  The Plan does not purport to alter
or amend the terms of the Trust Indenture in any respect.
Estimated recovery for this class is at least 4%.

The Debtor will fund its reorganization, recapitalization, and
operations using the cash proceeds of the new investment with
respect to which the Debtor holds investment agreements.

The Plan provides for a reorganization and restructuring of the
Debtor's capital structure in a manner designed to maximize
recoveries for creditors and to enhance the financial stability of
the Reorganized Debtor and the Bank.  Under the Plan, the Debtor
will be recapitalized with $30 million in new capital.  The new
investment will yield a minimum distribution of $1 million to the
outstanding claims of trust preferred securities holders.  The
distribution made to the TruPS claims will be made directly to
Wilmington Trust as Trustee under the terms of the Trust
Indentures.  Wilmington's receipt of the distribution will be
subject to the deduction of fees and expenses as allowed by the
terms of the Trust Indentures.

As part of the Plan confirmation process, the Debtor will conduct
an auction of its stock in the Bank in accordance with proposed
bidding procedures to determine if there are any higher and better
bids for the Bank stock that will yield a greater return for the
TruPS Claims.  The Plan will cancel the existing common stock in
the Debtor in accordance with the closing process set forth in the
Plan.  The Debtor will redeem and convert certain preferred stock
and associated warrants, issued by the Debtor to the Department of
the Treasury as part of the Capital Purchase Program, to common
stock.  Treasury will sell that common stock to the new investors
for $880,000.  While the Debtor anticipates that Treasury will vote
in favor of the Plan and participate in the transfer and sale
contemplated by the Plan, Treasury has not agreed to do so and has
taken no position on the Plan to date.

All outstanding warrants, options, and contractual rights to
purchase or acquire any equity interest in the Debtor will be
cancelled.

The Debtor has obtained informal investment commitments of $30
million, subject to execution of written subscription agreements.

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

          http://bankrupt.com/misc/mdb17-19024-29.pdf

As reported by the Troubled Company Reporter on July 3, 2017, the
Debtor proposed a plan wherein holders of Class 1 TruPS Claims were
expected to recover at least 4.59%.

                        About Cecil Bancorp

Cecil Bancorp, Inc. (OTC:CECB) is the direct parent of Cecil Bank,
a Maryland commercial bank with 52 employees, a main branch, 8
branch locations, and a corporate/loan office.  As of March 31,
2017, the Bank -- http://www.cecilbank.com/-- has total assets of
approximately $211 million, outstanding loans of $94 million and
total deposits of $154 million.  Cecil Bancorp also owns 100% of
the stock of Cecil Bancorp Capital Trust I ("Trust I") and Cecil
Bancorp Capital Trust II ("Trust II" and together with Trust I, the
"Trusts"), which are Delaware statutory trusts that were
established for the sole purpose of issuing capital securities.

Cecil Bancorp, Inc., filed a Chapter 11 petition (Bankr. D. Md.
Case No. 17-19024) in Baltimore, Maryland, on June 30, 2017. Terrie
G. Spiro, president and chief executive officer, signed the
petition.

The Debtor disclosed $7.64 million in total assets and $21.18
million in total liabilities.  The Debtor valued its 100% ownership
in Cecil Bank at $3.755 million and its 100% ownership in Cecil
Bancorp Capital Trusts I and II at $527,000.  The Debtor doesn't
have any secured debt and all its unsecured debt are comprised of:
$62,700 owing to Cecil Bank and $12.098 million and $9.026 million
owing to Wilmington Trust Company.

The Hon. Robert A. Gordon oversees the case.

The Debtor tapped Nelson Mullins Riley & Scarborough LLP as
counsel; and Teneo Securities, Inc. and Hovde Group, LLC.

                          *     *     *

The Debtor on the Petition Date filed a Chapter 11 Plan of
Reorganization and Disclosure Statement.  The Debtor's Chapter 11
plan exclusivity expires Oct. 30, 2017.


CGG HOLDING: US Secured Funded Debt Claim Holders to Recoup 100%
----------------------------------------------------------------
CGG HOLDING (U.S.) Inc., et al., filed with the U.S. Bankruptcy
Court for the Southern District of New York a disclosure statement
dated July 24, 2017, for the Debtors' joint Chapter 11 plan of
reorganization dated July 24, 2017.

Class 4 US Secured Funded Debt Claims are impaired by the Plan.
Each holder of an Allowed US Secured Funded Debt Claim will receive
this treatment: a pro rata share (based on the aggregate principal
amount of the Secured Funded Debt Claims less the Termed Out French
RCF Claims) of (i) New First Lien Notes and (ii) the Secured Funded
Debt Claims Cash Payment; and Under the Safeguard Plan, a guarantee
and security package from CGG guaranteeing the New First Lien
Notes.  The holders will recover 100%.

Class 6 General Unsecured Claims are unimpaired by the Plan.  The
holders will be paid in full in the ordinary course of business or
reinstatement.

Through the restructuring, the plan proponents expect to create a
sustainable capital structure that will position the Company for
success in the energy exploration, production and development
industry.

In addition, the Debtor believes that the financial restructuring
will maximize the value of its businesses and preserve the
integrity of the Debtor's diverse business lines.  Moreover, the
financial restructuring provides a framework for the long-term
sustainability of the Debtor's businesses for the benefit of its
employees and customers and positions it well from a liquidity
perspective.

A copy of the Disclosure Statement is available at:

          http://bankrupt.com/misc/nysb17-11637-127.pdf

As reported by the Troubled Company Reporter on June 16, 2017, the
Debtor filed for bankruptcy protection in the U.S. and France after
reaching a restructuring deal with lenders and bondholders that
will swap nearly $2 billion in debt for most of the equity in
reorganized CGC.  The Debtor announced that following execution of
legally binding agreements in support of the terms of the
agreement-in-principle with key financial creditors announced on
June 2, 2017, it has started legal processes to implement a
comprehensive pre-arranged restructuring, with the opening of a
Sauvegarde proceeding in France and Chapter 11 and Chapter 15
filings in the U.S. The Debtor would seek an agreement with the
required majorities of creditors.  Subject to their support and the
plan's approval by the shareholders' general meeting, this
agreement would become binding on all creditors following court
approval.

                  About CGG Holding (U.S.) Inc.

Paris, France-based CGG Group -- http://www.cgg.com/-- provides   
geological, geophysical and reservoir capabilities to its broad
base of customers primarily from the global oil and gas industry.
Founded in 1931 as "Compagnie Generale de Geophysique", CGG
focuses on seismic surveys and other techniques to help energy
companies locate oil and natural-gas reserves. The company also
makes geophysical equipment under the Sercel brand name.

The Group has more than 50 locations worldwide, more than 30
separate data processing centers, and a workforce of more than
5,700, of whom more than 600 are solely devoted to research and
development.  CGG is listed on the Euronext Paris SA (ISIN:
0013181864) and the New York Stock Exchange (in the form of
American Depositary Shares, NYSE: CGG).

After a deal was reached key constituencies on a restructuring
that will eliminate $1.95 billion in debt, on June 14, 2017 (i)
CGG SA, the group parent company, opened a "sauvegarde"
proceeding, the French equivalent of a Chapter 11 bankruptcy
filing, (ii) 14 subsidiaries of CGG S.A. filed voluntary
petitions for relief under Chapter 11 of the Bankruptcy Code
(Bankr. S.D.N.Y. Lead Case No. 17-11637) in New York, and (iii)
CGG S.A filed a petition under Chapter 15 of the U.S. Bankruptcy
Code (Bankr. S.D.N.Y. Case No. Case No. 17-11636) in New York,
seeking recognition in the U.S. of the Sauvegarde as a foreign
main proceeding.

Chapter 11 debtors CGG Canada Services Ltd. and Sercel Canada
Ltd. also commenced proceedings under the Companies' Creditors
Arrangement Act in the Court of Queen's Bench of Alberta,
Judicial District of Calgary in Calgary, Alberta, Canada, to seek
recognition of the Chapter 11 cases in Canada.

United States Bankruptcy Judge Martin Glenn oversees the Chapter
15 case.

CGG's legal advisors are Linklaters LLP and Weil Gotshal & Manges
(Paris) LLP for the Sauvegarde and chapter 15 case. The Debtors
hired Paul, Weiss, Rifkind, Wharton & Garrison LLP, as counsel.
The company's financial advisors are Lazard and Morgan Stanley,
and its restructuring advisor is AlixPartners, LLP.  Lazard
Freres & Co. LLC, serves as investment banker.  Prime Clerk LLC
is the claims agent in the Chapter 11 cases.

Messier Maris & Associes and Millco Advisors, LP, is the
financial advisors to the Ad Hoc Noteholder Group, and Willkie
Farr & Gallagher LLP and DLA Piper UK LLP, is legal counsel to
the Ad Hoc Noteholder Group.

Kirkland & Ellis LLP, Kirkland & Ellis International LLP, and De
Pardieu Brocas Maffei A.A.R.P.I, serve as counsel to the Ad Hoc
Secured Lender Committee; Zolfo Cooper LLC is the restructuring
advisor; and Rothschild & Co., is the investment banker.

Ashurst serves as counsel to Wilmington Trust (London) Limited as
successor agent to Natixis under the French Revolver.  Latham &
Watkins LLP, serves as counsel to Credit Suisse AG as
administrative agent and collateral agent under the U.S.
Revolver.  Ropes & Gray LLP, serves as counsel to Wilmington
Trust, National Association as administrative agent under the
U.S. Term Loan.

Hogan Lovells U.S. LLP serves as counsel to the Indenture Trustee
in its separate capacities as indenture trustee under each of the
three series of High Yield Bonds.

Darrois Villey Maillot Brochier and A.M. Conseil represent JG
Capital Management, in its capacity as representative of the
holders of the Convertible Bonds.  Orrick Herrington & Sutcliffe
LLP represents counsel to DNCA.


CITY TOURS: To Pay Wallis State Bank $26,000 Per Month for 6 Yrs.
-----------------------------------------------------------------
City Tours, Inc., filed with the U.S. Bankruptcy Court for the
Western District of Texas an amended disclosure statement referring
to the Debtor's first amended plan of reorganization.

A hearing on whether to confirm the Plan has been scheduled for
Aug. 30, 2017, at 9:30 a.m.  As reported by the Troubled Company
Reporter on July 26, 2017, the Court set an Aug. 18 deadline for
creditors to file their objections and cast their votes accepting
or rejecting the plan.  Under the proposed plan, creditors holding
Class 8 general unsecured claims will get 50% of their allowed
claims, to be paid quarterly from income generated from future
business operations.  

The Class 6 claim of Wallis State Bank is impaired by the Plan.
The Bank has a claim in the approximate amount of $1.61 million.
This claim has been reduced by adequate protection payments.  The
claim is secured by various trucks and equipment.  The Debtor
intends to surrender certain of the collateral and the remaining
collateral may not fully secure this debt.  Subject to these
conditions, the Debtor will pay $26,000 per month (which includes
interest at 6% per annum) for 72 months.

Payments and distributions under the Plan will be funded from
operations of the Debtor's business.  

Ed Torres will continue to operate the Debtor's business.

A copy of the Amended Disclosure Statement is available at:

          http://bankrupt.com/misc/txwb16-51690-175.pdf

                     About City Tours Inc.

City Tours, Inc., filed a chapter 11 petition (Bankr. W.D. Tex Case
No. 16-51690) on July 29, 2016.  The petition was signed by Edward
Torres, president.  The Debtor is represented by Dean William
Greer, Esq.  The case is assigned to Judge Ronald B. King.  The
Debtor estimated assets and liabilities at $1 million to $10
million at the time of the filing.

The Debtor is principally engaged in the business of operating bus
tours and transportation to and from the San Antonio Airport and
surrounding counties.


CITYGOLF: Unsecureds to Get 10% Over 5 Yrs. From Effective Date
---------------------------------------------------------------
CityGolf/Boston, LLC, filed with the U.S. Bankruptcy Court for the
District of Massachusetts a fourth amended disclosure statement
dated July 24, 2017, referring to the Debtor's plan of
reorganization.

Upon confirmation, all property of the Debtor, tangible and
intangible, including, without limitation, licenses, furniture,
fixtures and equipment, will revert to and vest in the Debtor, free
and clear of all claims and interests except as provided in the
Plan.  The Debtor will pay the claims from its operations
post-confirmation.  The Debtor estimates that on the effective date
the funds to be distributed totals $20,000 to Downtown Development
on account of its post-petition administrative claim, and $26,100
to the Department of Unemployment Insurance on account of its
post-petition administrative claim and it's stipulated priority
claim.  The Debtor will have sufficient cash on hand to make the
payment required on the effective date.

All quarterly disbursement fees owed to the U.S. Trustee, arising
under 28 U.S.C. Section 1930, accrued prior to confirmation will be
paid in full, on or before the date of confirmation of the Debtor's
plan, by the Debtor or any successor to the Debtor.  All Quarterly
Fees which accrue post-confirmation shall be paid in full on a
timely basis by the Debtor or any successor to the Debtor prior to
the Debtor's case being closed, converted or dismissed.

The Debtor cannot say conclusively how long the Plan will last
because some claims will be paid in full sooner than others.  Once
a secured or priority claim is paid in full, the Plan will no
longer govern the relations between the Debtor and that specific
creditor and thereafter will be governed by applicable
non-bankruptcy law.  The non-insider general unsecured creditors
will receive a dividend of 10% over five years from the Effective
Date, payable on a quarterly basis, based on the amount set forth
in the Debtor's schedules unless a proof of claim has been filed,
in which case the proof of claim will control unless otherwise
ordered by the Court.

A copy of the Fourth Amended Disclosure Statement is available at:

          http://bankrupt.com/misc/mab15-12578-169.pdf

As reported by the Troubled Company Reporter on June 9, 2017, the
Debtor filed with the Court a second amended disclosure statement
describing its plan of reorganization, dated May 26, 2017, which
proposed that general unsecured creditors receive a dividend of 10%
over five years from the first of the month after confirmation
based on the amount set forth in the Debtor's schedules unless a
proof of claim has been filed, in which case the proof of claim
will control except as otherwise ordered by the Court.  Those
creditors who did not file a proof of claim would be paid the same
dividend commencing in year six post-confirmation.

                    About CityGolf/Boston

CityGolf/Boston, LLC, is a Massachusetts limited liability
corporation.  Founded in 1997, CityGolf is an indoor practice
facility with, on the petition date, two locations in the heart of
downtown Boston.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. D.
Mass. Case No. 15-12578) on June 30, 2015, estimating its assets
and liabilities at up to $50,000 each.  David G. Baker, Esq.,
serves as the Debtor's bankruptcy counsel.


CLIFFS NATURAL: S&P Affirms 'B' Rating on $1.075BB Unsec. Notes
---------------------------------------------------------------
S&P Global Ratings affirmed its 'B' issue-level rating on
U.S.-based iron ore producer Cliffs Natural Resources Inc.'s 5.75%
$1.075 billion senior unsecured notes due 2025, including the
proposed $575 million additional notes offering. Proceeds will
primarily be used to fully repay $504 million outstanding under the
8.25% first lien notes due 2020. The '3' recovery rating is
unchanged, which indicates S&P's expectation for meaningful
recovery (50%-70% range; rounded estimate: 60%) in the event of a
payment default.  However, S&P revised its rounded estimate upward
to 60% from 50% as a result of improved recovery prospects driven
by the first lien notes repayment.  

The corporate credit rating is unchanged at 'B', with a stable
outlook.

RECOVERY ANALYSIS

Key analytical factors:

* S&P's recovery analysis assumes that Cliffs is upsizing its
  guaranteed $500 million unsecured notes by $575 million;
  however, all other terms, including those associated with the
  rest of the capital structure, are unchanged.

* Due to its subsidiary guarantees, S&P considers the upsized
  notes to have a priority position relative to the other
  unsecured debt which is structurally subordinated.

* S&P also assumes that, in a hypothetical bankruptcy scenario,
  Cliffs would have drawn about 60% of the commitment amount under

  its $550 million asset-based lending (ABL) facility, less
  undrawn letters of credit--approximately $241 million.

* S&P's simulated default scenario contemplates a deteriorating
  profitability due to a dramatic decrease in iron ore prices,
  while costs remain steady, coupled with new entrants that could
  reduce volumes. This would lead to negative cash flow generation

  resulting in an unsustainable capital structure and ultimately
  an inability to service fixed-charge obligations.

* S&P's valuation uses an enterprise value approach, because it
  believes that creditors would realize greater recoveries through

  a reorganization of the company than through a liquidation of
  the business.

* The enterprise value is based on a $241 million emergence EBITDA

  (consisting of interest expense, minimum capital expenditures at

  around 3.5% of sales, and a 15% EBITDA recovery post a
  reorganization) and a 5x multiple in line with other upstream
  metals and mining companies.

Simulated default assumptions:

* Year of default: 2020
* EBITDA at emergence: $241 million
* Implied enterprise value multiple: 5x
* Gross enterprise value: $1.12 billion

Simplified waterfall:

* Net enterprise value (after 5% administrative costs):
  $1.15 billion
* Priority claims (ABL, $241 million; hedges, $2 million; capital
  lease obligations, $60 million): $302 million
* Remaining value: $844 million
* Estimated senior unsecured claims (guaranteed senior unsecured
  notes, $1.11 billion; environmental liabilities, $211 million):
  $1.31 billion
* --Recovery expectation: 50%-70%; rounded estimate: 60%
* Remaining value: none
* Estimated structurally subordinated claims (senior secured debt
  claims, $666 mil.)
* --Recovery expectation: 0%-10%; rounded estimate: 0%

Note: All debt amounts include six months of accrued but unpaid
interest at default.


CONTINENTAL BUILDING: S&P Raises CCR to 'BB', Outlook Stable
------------------------------------------------------------
S&P Global Ratings raised its corporate credit rating on Herndon,
Va.-based Continental Building Products Inc. to 'BB' from 'BB-'.
The outlook is stable.

S&P said, "At the same time, we raised our issue-level rating on
the company's $350 million senior secured credit facilities,
consisting of a $75 million revolving credit facility due in 2021
and a $275 million term loan due in 2023. The recovery rating is
'1', which indicates our expectations for very high (90%-100%;
rounded estimate: 95%) recovery in the event of a payment
default."

The upgrade of CBPX to 'BB' from 'BB-' reflects improved operating
performance that has resulted in lower debt leverage below 2x,
fueled by the continuing recovery in the U.S. construction and
remodeling markets. Also incorporated in the higher rating is our
view of CBPX's conservative financial policy of maintaining low
debt leverage, under 2x at this point in the cycle, given the
history of large declines in wallboard demand and pricing during
construction recessions. S&P said, "Our rating also takes into
account the company's current strong interest coverage of over 10x,
modest capital expenditures (capex), and debt amortization
requirements and long-dated maturities due in 2023.

"The stable outlook reflects our expectation that Continental will
maintain leverage measures of under 2x and FFO to debt around 40%
over the next 12 months as wallboard demand and pricing increases
modestly over the next two years due to increased housing starts
and healthy repair and remodeling spending.

"We do not believe a downgrade is likely within the next 12 months
given our forecast for further improvement in U.S. construction
markets. Still, a downgrade could occur in a recessionary
environment, driving U.S. housing starts well below 1 million,
causing EBITDA to decline to levels that would drive debt leverage
above 2.5x and trending to 3x. One scenario in which we believe
this could occur is if wallboard volumes and prices both fell 10%
due to a housing recession. We could also lower the rating if CBPX
management adopted more aggressive financial policies--such as
leveraged share repurchases or debt-financed acquisitions--such
that leverage trends toward 3x.

"Given CBPX's small size, limited geographic reach, and very narrow
product focus, we view an upgrade is unlikely over the next year.
For a higher rating, we believe CBPX would need to substantially
increase its size and diversify its business, possibly through a
transformative acquisition that would expand the company's products
and geographic diversity while decreasing the potential earnings
volatility inherent in the wallboard business."


CREEKSIDE CANCER CARE: Accuray to Get Nothing in Latest Plan
------------------------------------------------------------
Accuray, a creditor of Creekside Cancer Care LLC, will receive no
distributions under the company's latest Chapter 11 plan of
reorganization.

An earlier version of the plan had proposed to pay Accuray in full
and make a monthly payment of $30,000 pursuant to the terms of its
settlement agreement with Creekside Cancer.

According to the latest plan, the claims of Accuray, which are
placed in Class 9, are "deemed released, expunged and withdrawn"
pursuant to the settlement agreement.

The claims stemmed from an agreement under which Creekside Cancer
purchased TomoTherapyHD machine from Accuray for its radiation
therapy treatment program.

In February this year, Accuray filed a claim in the amount of
$3,077,227 allegedly due under the Tomo agreement, and another
claim in the amount of $240,724 allegedly due for services
rendered.  Creekside Cancer disputed the claims, according to the
company's latest disclosure statement filed on July 20 with the
U.S. Bankruptcy Court in Colorado.

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

                   About Creekside Cancer Care

Creekside Cancer Care, LLC is a cancer care and treatment center
based in Lafayette, Colorado.  The Debtor provides a range of
non-invasive radiation therapy treatment options to its patients.


The Debtor filed a Chapter 11 petition (Bankr. D. Colo. Case No.
16-21943) on Dec. 9, 2016.  The petition was signed by Charles
Kelley Simpson, sole member.  The Debtor estimated assets and
liabilities at $1 million to $10 million.

The Debtor is represented by Steven E. Abelman, Esq., Samuel M.
Kidder, Esq., and Michael J. Pankow, Esq., at Brownstein Hyatt
Farber Schreck, LLP.  

On April 7, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.


CUPCAKE SPOT: Has Until Oct. 4 to File Plan & Disclosures
---------------------------------------------------------
The Hon. K. Rodney May of the U.S. Bankruptcy Court for the Middle
District of Florida has entered an order giving The Cupcake Spot &
Sweet Inc. until Oct. 4, 2017, to file a plan of reorganization and
disclosure statement.

The case came on for status conference pursuant to Bankruptcy Code
Section 105(d) on July 20, 2017.  At the Status Conference, the
Court reviewed the nature and size of the Debtor's business, the
overall status of the case and considered the respective positions
of the parties represented at the Status
Conference.  Based on that review, the Court has determined that it
is appropriate in this case to implement the procedures described
in this order governing the filing of a plan of reorganization and
disclosure statement to ensure that this case is handled
expeditiously and economically.

             About The Cupcake Spot & Sweet

The Cupcake Spot & Sweet, Inc., based in St. Petersburg, Florida,
filed a Chapter 11 petition (Bankr. M.D. Fla. Case No. 17-05015) on
June 8, 2017.  Marshall G Reissman, Esq., at the Reissman Law Group
serves as bankruptcy counsel.

In its petition, the Debtor listed under $1 million in both assets
and liabilities.


DAVIS HOLDING: City of Lawrenceburg Objects to Plan Disclosures
---------------------------------------------------------------
The City of Lawrenceburg, Indiana, filed with the U.S. Bankruptcy
Court for the Southern District of Indiana an objection to Davis
Holding Co., LLC's disclosure statement referring to the Debtor's
second amended plan of reorganization.

The City claims that the Second Amended Disclosure Statement is
deficient.  It does not provide sufficient information in many
areas, most of which are the same areas that were deficient in the
first two disclosure statements.  The City also believes that the
Second Amended Plan is not confirmable on its face, and has cited
case authority in past disclosure statement objections holding that
courts should not approve a disclosure statement if the plan in
unconfirmable.

The City understands that the Court is disinclined to dismiss or
convert the case during the disclosure statement process.  The
Court did approve a two-tiered process under which the City filed a
specifically-focused motion to dismiss or convert the case based on
the Debtor's violation of the absolute priority rule and improper
classification of the claims.

The City complains that the Second Amended Plan impermissibly seeks
to cram down the Plan on the City and other classes of creditors as
well.  The Second Amended Plan does not meet the conditions for
cramdown.  First, all of the requirements of Section 1129(a) must
be proved, except for the requirement under Section 1129(a)(8) that
each impaired class accept the Plan.  Second, the Plan must not
discriminate unfairly, and must be fair and equitable as to each
impaired class of claims that has not accepted the plan.  Since the
City has elected under Section 1111(b) as to the 2012 Note, the
plan payments must equal the value of the 2012 Note collateral
discounted to present value, as well as the entire amount of the
City's 2012 Note claim.  As to the City's 2007 Note secured claim,
the plan payments must equal the value of the 2007 Note collateral
discounted to present value.  As to the City's unsecured claim
relating to the 2007 Note, the City must receive property or
payment equal to the allowed amount of the claim.  The balloon plan
proposed in the Second Amended Plan appears to not be fair and
equitable, and the Second Amended Disclosure Statement contains no
information to suggest otherwise.  The Debtor's two prior plans and
this one all are negative amortization plans with long amortization
periods.  The Debtor's initial plan proposed to pay the City's 2012
Note claim at an interest rate of 4% over a 30 year period.  The
Debtor's Amended Plan proposed to pay the 2012 Note claim at an
interest rate of 0%, amortized over 30 years, with a 15 year
balloon payout.

According to the City, there is no justification in the Second
Amended Disclosure Statement for the proposed below market interest
rates.  The Debtor should be required to disclose how its proposed
treatment of the City's 2012 Note claim and 2007 Note claims in the
Second Amended Plan is fair and equitable under Section 1129(b)(2).
Further, as set forth in the City's absolute priority briefs, the
Second Amended Plan is not confirmable on its face because it
violates the absolute priority rule by proposing that the Debtor's
sole member retain his interest in the reorganized Debtor, while
superior priority classes, the Class 4 unsecured claims, are
proposed to be paid less than in full.

The City says that the Second Amended Disclosure Statement provides
very little information from which to determine whether the Second
Amended Plan is feasible.  The Second Amended Plan proposes paying
the City's claims over 10 years, with a proposed balloon payment at
the end, but the Second Amended Disclosure Statement provides no
information suggesting that the Debtor could make the proposed
payments over a 10 year period.  Similar to the prior two
disclosure statements, all the Debtor provides in the Second
Amended Disclosure Statement is an attached exhibit with a snapshot
view of income and expenses presumably current as of the date the
Amended Disclosure Statement was filed.  As with the prior two
disclosure statements, there is nothing in the Second Amended
Disclosure Statement that reliably projects, or even projects at
all, future cash flow and expenses sufficient to fund and maintain
both its future operations and obligations for the 10-year
pre-balloon payment period under the Debtor's Second Amended Plan.


The lack of disclosure, according to the City, is particularly
problematic when the City is being expected to take on the
additional risk of the Debtor's non-performance by virtue of its
claims being negatively amortized (zero percent interest on a
million dollar note, 2% interest on the other note claims) over 10
years, at which point the Debtor says it will pay the City in full
on its claims.  The City says, "This is an unfair and inordinate
risk that the City is being asked to bear, particularly when (1)
the properties are severely under water; (2) it cannot be assumed
that the Debtor's income will rise and that its expenses will
remain constant, and (3) taking into account the Debtor's
historically thin margins."

The Second Amended Plan provides no information as to how the
Debtor will be able to pay the City's claims in full when the
balloon payment becomes due after 10 years, the City states.  The
City is justifiably skeptical about the feasibility and legitimacy
of any plan proposed by the Debtor, given the moving target
provided by the Debtor's payment proposals.  More disclosure should
be required as to the feasibility of the current plan, given the
numerous and varied proposals floated by the Debtor, all without
any long term projections.

The City claims that the Debtor's Second Amended Disclosure
Statement contains no information indicating that the Debtor will
be able to make the balloon payments to the City, even assuming the
Debtor makes all of its plan payments.  The Debtor has contributed
no money, has not offered to contribute any money, and has not
produced an investor or a buyer.  

A copy of the Objection is available at:
  
           http://bankrupt.com/misc/insb16-91361-205.pdf

The City is represented by:

     Reuel D. Ash, Esq.
     Ulmer & Berne LLP
     600 Vine Street, Suite 2800
     Cincinnati, OH 45202
     Tel: (513) 698-5118
     Fax: (513) 698-5119
     E-mail: rash@ulmer.com

As reported by the Troubled Company Reporter on July 7, 2017, the
Debtor's latest restructuring plan bifurcates Class 1-A claim into
secured and unsecured portions.  Class 1-A claim stems from the
Debtor's indebtedness under the terms of a 2007 promissory note to
the City of Lawrenceburg, which is secured by the Debtor's interest
in real property located in the city.  Under the latest plan, Class
1-A(i) claim will be treated as a secured claim in the amount of
$372,500.  Upon the effective date of the plan, Class 1-A(i) claim
will bear interest at the fixed contractual rate of 2% per annum,
amortized for a term of 30 years commencing on the effective date.

                     About Davis Holding Co.

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

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

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


DELTA BUSINESS: Has Interim Approval to Use Cash Collateral
-----------------------------------------------------------
The Hon. Danile S. Opperman of the U.S. Bankruptcy Court Eastern
District of Michigan has authorized, on an interim basis, Delta
Business Center, LLC, to use cash collateral from the Capital
Expenditure Reserve solely to make the permitted payments up to an
aggregate amount of $1,112,798.

A final hearing on the cash collateral use is scheduled for Aug.
25, 2017, at 1:30 p.m.

As reported by the Troubled Company Reporter on July 26, 2017, the
Debtor sought authorization from the Court for the use of cash
collateral to fund a construction draw on Debtor's partially
finished office building located at 2980 Ena Drive, Lansing, MI.
The Debtor believes that only BC33, LLC, may have secured claims as
to the cash collateral in no less than $14,600,000.  The Debtor
also believes that it has no other creditors with an interest in
cash collateral.  BC33 stipulated to the Debtor's use of cash
collateral.

As adequate protection for any postpetition diminution in value
resulting from the Debtor's use of cash collateral, the Lender is
granted additional and replacement continuing valid, binding,
enforceable, non-avoidable, and automatically perfected
postpetition security interests in and liens in and to all property
of the kind presently securing the prepetition obligations of the
Debtor pursuant to the loan agreement, together with any proceeds
thereof, subject to any preexisting liens.

The Loan Agreement will remain in full force and effect, and
nothing in the court order will constitute a waiver by Lender or
Debtor of any of their rights, whether pursuant to the Loan
Agreement or otherwise, and Lender and Debtor reserve all rights
with respect thereto.

A copy of the Interim Order is available at:

           http://bankrupt.com/misc/mieb17-49955-19.pdf

                   About Delta Business Center

Delta Business Center, LLC, and its affiliates Crossroads Business
Center, LLC, Green Bay Business Center III, LLC, Anika, LLC, and
Oshkosh Business Center III, LLC, filed Chapter 11 petitions
(Bankr. E.D. Mich. Case Nos. 17-49955, 17-49956, 17-49957,
17-49958, and 17-49959, respectively) on July 10, 2017.  The
petitions were signed by Murray Wikol, principal.

Delta Business, et al., are affiliated with Green Leedership, LLC,
which sought bankruptcy protection (Bankr. E.D. Mich. Case No.
17-21376) on July 7, 2017.

Delta Business' et al.'s cases are assigned to Judge Daniel S.
Opperman.

The Debtors estimated $1 million to $10 million in assets and $10
million to $50 million in liabilities.

The Debtors are represented by Robert N. Bassel, Esq., in Clinton,
Michigan.

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


DERRY COAL: Wants to Pay Creditors Through Sale of Assets
---------------------------------------------------------
Derry Coal Company, LLC, filed with the U.S. Bankruptcy Court for
the Western District of Pennsylvania a disclosure statement dated
July 19, 2017, to accompany the Debtor's Chapter 11 plan dated July
19, 2017.

Funding for the Plan will be derived from a sale of the Debtor's
real estate located at 1 Coal Loader Drive, Derry, PA, and any
permit rights associated therewith.  If less than full payment can
be made out of the proceeds, the sale proceeds obtained will be
used to pay creditors to the greatest extent possible in accordance
with their priority under the U.S. Bankruptcy Code.

The Debtor is in the process of completing requirements to perfect
its rights to a wash plant permit.  The permit rights will be
assumed by the Debtor and any actions needed to secure the rights
will be performed by the Debtor.

The property at 1 Coal Loader Drive in Derry, PA 15627, will be
transferred subject to 11 U.S.C. Section 1146(c).

A copy of the Disclosure Statement is available at:

           http://bankrupt.com/misc/pawb16-24727-55.pdf

          About C&D Coal Company and Derry Coal Company

C&D Coal Company, LLC, and Derry Coal Company, LLC, both based in
Derry, PA, filed separate Chapter 11 petitions (Bankr. W.D Pa. Case
Nos. 16-24726 and 16-24727) on Dec. 22, 2016. The petitions were
signed by Jimmy Edward Cooper, managing member.  Judge Gregory L.
Taddonio presides over the case of C&D Coal Company. Judge Thomas
P. Agresti was initially assigned to Derry Coal's case.  Judge
Taddonio later took over.

The cases are not jointly administered.

The Debtors are represented by Robert O Lampl, Esq., at Robert O.
Lampl, Attorney at Law.

C&D Coal Company listed $10 million to $50 million in both assets
and liabilities.  Derry Coal listed $1 million to $10 million in
both assets and liabilities.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on Jan. 17, 2017,
appointed three creditors of C&D Coal Company, LLC, to serve on the
official committee of unsecured creditors. The committee members
are: (1) W.B. Kania & Associates, LLC; (2) AC Power Tech, Inc.; (3)
Global Mine Service Incorporated; (4) Francis Enterprises, Inc.;
(5) Dolges Electric, Inc.; (6) Integrated Power Services; and (7)
Kingston Coal Company.

The Committee of Unsecured Creditors of C&D Coal retains Michael J.
Roeschenthaler, Esq., and Kelly E. McCauley, Esq., at Whiteford,
Taylor & Preston, LLC, as counsel; and Albert's Capital Services,
LLC, as financial advisors.

An official committee of unsecured creditors has not been appointed
in Derry Coal's case.


DIAMOND OFFSHORE: Moody's Rates Proposed $500MM Senior Notes Ba3
----------------------------------------------------------------
Moody's Investors Service assigned a Ba3 rating to Diamond Offshore
Drilling, Inc.'s proposed offering of $500 million senior notes.
The net proceeds from the notes offering will be used to fund the
early redemption of the company's outstanding $500 million senior
notes due May 2019. Diamond's ratings and negative outlook are
unchanged, including the company's Ba3 Corporate Family Rating
(CFR).

"This senior notes offering effectively pushes the May 2019
maturity well into the next decade," commented Pete Speer, Moody's
Senior Vice President. "As a result, Diamond will have a much
larger cash balance in mid-2019 to navigate a period of weak cash
flow generation as its contracted revenue backlog rolls off."

Assignment:

Issuer: Diamond Offshore Drilling, Inc.

-- Senior Unsecured Regular Bond/Debentures, Assigned Ba3 (LGD 4)

RATINGS RATIONALE

Diamond's new senior notes are unsecured and have no subsidiary
guarantees, consistent with the company's existing senior notes and
revolving credit facility. Since all the debts are unsecured and
pari passu, the senior notes are rated Ba3, consistent with
Diamond's Ba3 CFR under Moody's Loss Given Default methodology.

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, long-dated 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.

However, Diamond's credit profile is under pressure from 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 SGL-2 rating reflects Moody's expectation that the
company will maintain good liquidity. At June 30, 2017, the company
had $161 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. Following the proposed
notes offering and planned redemption of the 2019 senior notes, the
company will have no senior notes maturities until the $250 million
senior notes due November 2023. 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.


DIAMOND OFFSHORE: S&P Rates New 2025 Senior Unsecured Notes 'BB-'
-----------------------------------------------------------------
S&P Global Ratings assigned its 'BB-' issue-level and '4' recovery
rating to U.S.-based offshore drilling contractor Diamond Offshore
Drilling Inc.'s proposed senior unsecured notes due 2025. S&P said,
"We expect the company to use proceeds to repay its $500 million
5.875% senior unsecured notes maturing in 2019.

"At the same time, we revised our recovery rating on Diamond's
existing senior unsecured debt to '4' from '3' and affirmed the
'BB-' issue-level ratings. The '4' recovery rating indicates our
expectation for average (30%-50%; rounded estimate: 40%) recovery
to creditors in the event of a payment default. The lower recovery
expectation is due to our reduced estimate for Diamond's valuation
at the time of our hypothetical default scenario.

"Our 'BB-' corporate credit rating and negative outlook on Diamond
are unchanged."  

RECOVERY ANALYSIS

Key analytical factors

RECOVERY ANALYSIS

Key analytical factors

* S&P's hypothetical default scenario contemplates a substantial
  and sustained deterioration of Diamond's operating performance,
  stemming primarily from a significant decline in the installed
  base of the company's drilling rigs.

* As revenues fall and operating margins become increasingly
  compressed under these conditions, Diamond would find itself in
  the position of having to fund operating losses and debt service

  with available cash and, to the extent available, borrowings
  under its revolving credit facility. Eventually, the company's
  liquidity and capital resources would become strained to the
  point where it would be unable to continue to operate absent a
  bankruptcy filing or out-of-court debt restructuring.

* S&P bases its recovery analysis on a discrete asset valuation
  estimate of about $1.5 billion.  

Simulated default assumptions

* Simulated year of default: 2021

* Diamond's $1.5 billion revolving credit facility (dropping to
  $1.4 billion in 2019) will be 85% utilized, with total
  outstanding borrowings at the time of our hypothetical default
  of about $1.2 billion. S&P's 85% assumption is in accordance
  with its general guidelines for cash flow revolving credit
  facilities.  

* S&P has assumed that the company's $500 million 5.875% notes
  maturing in 2019 are repaid with proceeds from the new notes.

Simplified waterfall

* Net enterprise value (after 5% bankruptcy administrative costs):

  $1.5 billion
* Priority claims (operating leases): $215 million
* --Recovery expectations: Not applicable
* Total value available to unsecured claims: $1.3 billion
* Senior unsecured claims: $3.3 billion
* --Recovery expectations: 30% to 50% (rounded estimate: 40%)

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

RATINGS LIST
Diamond Offshore Drilling Inc.
Corporate credit rating            BB-/Negative/--

New Ratings
Diamond Offshore Drilling Inc.
Senior Unsecured due 2025         BB-    
   Recovery rating                 4(40%)

Issue-Level Rating Affirmed; Recovery Rating Revised
                                   To       From
Diamond Offshore Drilling Inc.
Senior unsecured                  BB-      BB-
  Recovery rating                  4(40%)   3(55%)


DMG PRACTICE: S&P Assigns 'B' Corp Credit Rating, Outlook Stable
----------------------------------------------------------------
S&P Global Ratings assigned its 'B' corporate credit rating to DMG
Practice Management Solutions LLC (DMG). The outlook is stable.

S&P said, "At the same time, we assigned a 'B' issue-level rating
and a '3' recovery rating to DMG operating subsidiary Midwest
Physician Administrative Services LLC's $430 million first-lien
term loan due 2024 and $60 million revolving credit facility due
2022. The '3' recovery rating indicates our expectation for
meaningful (50%-70%; rounded estimate: 65%) recovery in the event
of a payment default. The co-issuer of this debt is ACOF V DP
Acquiror LLC.

"We also assigned our 'CCC+' issue-level rating to the co-issuers'
proposed $190 million second-lien term loan. The recovery rating is
'6', indicating our expectation for negligible (0%-10%; rounded
estimate: 0%) recovery in the event of a payment default."

DuPage Medical Group is the largest independent multi-specialty
physician group in Illinois, operating through about 100 locations
throughout the western suburbs of Chicago, predominantly in DuPage
County.

S&P said, "Our ratings on DuPage reflect the company's extremely
narrow geographic focus, offset by its diversified physician
service offering, favorable payor mix profile, and solid market
share in four counties in the greater Chicago metro area. Our
ratings also incorporate our belief that leverage will remain over
6x over the next two years, and that the company and its financial
sponsor owner will prioritize expanding the company's scale and
rewarding shareholders over debt repayment.

"Our stable rating outlook on DuPage reflects our view that the
company will continue to direct its cash flow entirely toward its
growth strategy, while maintaining relatively stable EBITDA
margins. We expect adjusted debt leverage to remain above 5x for
the next few years given the company's growth trajectory and
financial sponsor ownership.

"We could lower the rating if the company suffered a sustained
EBITDA margin decline of 150 basis points or more and some fall-off
in revenue growth, resulting in discretionary cash flow below $20
million. This would most likely occur if the company over-acquired
and was unable to successfully integrate new physician practices or
if operations at its current facilities deteriorates and results in
persistent cash flow deficits.

"We view an upgrade as unlikely over the next year, given the
company's very narrow geographic focus and our belief that
financial sponsor ownership will continue to shape aggressive
financial policies over time."


DRAGONWAVE INC: Lenders File Application to Appoint Receiver
------------------------------------------------------------
DragonWave Inc. on July 28, 2017, disclosed that the company's
secured lenders Comerica Bank and Export Development Canada have
filed an application with the Ontario Superior Court of Justice
(the "Application") to appoint KSV Kofman Inc. as receiver (the
"Receiver") over the business and assets of the Company.  The
Application is scheduled to be heard on July 31, 2017 at 9:30 a.m.
The secured lenders have expressed their intention to pursue a
short, court-supervised sale process conducted by the Receiver to
attract interested purchasers or investors in an effort to maximize
value for the lenders and other stakeholders.

The Company also announces that it has received notice from the
Toronto Stock Exchange ("TSX") that the TSX is reviewing the
eligibility for continued listing of the Company's securities
pursuant to Part VII of the TSX Company Manual (the "Company
Manual").  Specifically, the TSX is reviewing whether any of the
delisting criteria outlined in section 708 (Insolvency) and
sections 709 and 710(a)(i) (Financial Condition and/or Operating
Results) of the Company Manual are applicable to the Company.  The
Company is being reviewed under the Expedited Review Process of the
TSX.  As a result, the Company's shares have been suspended from
trading until further notice. A meeting of the Continued Listing
Committee of the TSX (the "Meeting") is scheduled to be held on
July 31, 2017 at 2:00 p.m. (EDT) to consider whether or not to
delist the securities of the Company.  If the Company's securities
are delisted from the TSX, the Company may consider an alternative
listing on the TSX Venture Exchange or NEX.

In addition, Nasdaq has informed the Company that they intend to
issue a notice of delisting to the Company on Monday, July 31, 2017
with delisting to occur on Wednesday, August 2, 2017.  In
connection with the suspension of trading on the TSX, Nasdaq has
also suspended trading.

                        About DragonWave

DragonWave(R) -- http://www.dragonwaveinc.com/-- is a provider of
high-capacity packet microwave solutions that drive next-generation
IP networks.  DragonWave's carrier-grade point-to-point packet
microwave systems transmit broadband voice, video and data,
enabling service providers, government agencies, enterprises and
other organizations to meet their increasing bandwidth requirements
rapidly and affordably.  The principal application of DragonWave's
products is wireless network backhaul, including a range of
products ideally suited to support the emergence of underlying
small cell networks.  Additional solutions include leased line
replacement, last mile fiber extension and enterprise networks.
DragonWave's corporate headquarters are located in Ottawa, Ontario,
with sales locations in Europe, Asia, the Middle East and North
America.


DYNAMIC INTERNATIONAL: Taps Bell Davis, Garman Turner as Counsel
----------------------------------------------------------------
Dynamic International Airways, LLC, seeks authority from the U.S.
Bankruptcy Court for the Middle District of North Carolina to
employ Bell Davis & Pitt, PA, and Garman Turner Gordon LLP, as
attorneys to the Debtor.

Dynamic International requires Bell Davis, and Garman Turner to:

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

   b. assist the Debtor in the operation of its business,
      including an evaluation of the desirability of the
      continuance of such business, the ability and means by
      which some or all the assets could be refinanced or
      liquidated to generate cash for the payment of such claims
      as may be allowed in the bankruptcy proceeding, and any
      other matter relevant to the case or to the formulation of
      a plan;

   c. advise the Debtor as to any other matter relevant to the
      case or the formulation of a Chapter 11 plan;

   d. assist the Debtor in the preparation and filing of all
      necessary schedules, statements of financial affairs,
      reports, a disclosure statement, a plan, and any other
      document required to be filed in the bankruptcy case;

   e. represent the Debtor at all hearings, meetings of
      creditors, conferences, trials, and other proceedings in
      the bankruptcy case;

   f. assist the advise the Debtor regarding communications to
      the general creditor body regarding any matters of general
      interest and any proposed plan of reorganization;

   g. review or analyze all documents filed with the Bankruptcy
      Court by parties other than the Debtor and give advice to
      the Debtor as to appropriate responses thereto;

   h. analyze proofs of claim;

   i. defend the Debtor's estate against improper claims; and

   j. perform such other legal services as may be required and in
      the interest of the Debtor.

Bell Davis will be paid at these hourly rates:

     Daniel C. Bruton              $350
     Walter W. Pitt, Jr.           $450

Garman Turner will be paid at these hourly rates:

     Partners                      $435-$775
     Associates                    $200-$385
     Paraprofessionals             $130-$190

Bell Davis will be paid a retainer in the amount of $16,325.

Prior to the petition date, the Debtor paid Garman Turner the sum
of $76,037 for legal services rendered in connection with the
restructuring. Garman Turner is currently holding a retainer in the
amount of $24,189.50.

Bell Davis, Garman Turner will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Daniel C. Bruton, member of Bell Davis & Pitt, PA, and Gerald M.
Gordon, member of Garman Turner Gordon LLP, assured the Court that
the firms are 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.

Bell Davis, Garman Turner can be reached at:

     Daniel C. Bruton, Esq.
     BELL DAVIS & PITT, PA
     PO Box 21029
     Winston-Salem, NC 27120-1029
     Tel: (336) 714-4110

          - and -

     Gerald M. Gordon, Esq.
     GARMAN TURNER GORDON LLP
     650 White Drive, Suite 100
     Las Vegas, NV 89119
     Tel: (725) 777-3000

           About Dynamic International Airways, LLC

Dynamic International Airways, LLC sought protection under Chapter
11 of the Bankruptcy Code (Bankr. M.D.N.C. Case No. 17-10814) on
Jul 19, 2017.  The case is assigned to Judge Catharine R. Aron.

At the time of the filing, the Debtor disclosed that it had
estimated assets of $10 million to $50 million and liabilities of
$50 million to $100 million.


ENRIZON WORLDWIDE: Names Roger Schlossberg as Plan Administrator
----------------------------------------------------------------
Enrizon Worldwide, Inc., filed with the U.S. Bankruptcy Court for
the District of Maryland a disclosure statement dated July 19,
2017, for the Debtor's first amended plan of liquidation dated July
19, 2017.

After all Allowed Class 2 claims, if any, are paid in full with
interest, the Class 3 Allowed Interest in the Debtor will be paid
the funds remaining in the estate.  The Class 3 is impaired.

The Plan provides for the immediate appointment of trustee Roger
Schlossberg, as Chapter 7 trustee for the bankruptcy estate of
Kristina L. Roberts and the sole director and shareholder of the
Debtor, as the post-confirmation Plan Administrator upon entry of
the confirmation order and grants him continued standing and
authority as Plan Administrator to collect all assets, litigate and
resolve avoidance actions, causes of action, and objections to
claims, and to make distributions under the Plan.  The Plan
Administrator will be paid his customary hourly rate of $525 per
hour for his services as Plan Administrator.

The Debtor's Plan will be funded primarily from currently due and
future royalty payments from S&S, which have been or will be earned
or received by Kristina L. Roberts, Mr. Schlossberg as her Chapter
7 trustee, or the Debtor in connection with certain contracts for
publishing and distributing Ms. Roberts' literary works.
Additional funding may also be provided by litigation recoveries
from avoidance actions under Chapter 5 of the U.S. Bankruptcy Code,
including any recoveries from pending Adversary Proceeding Nos.
17-00033, 17-00034, 17-00035, 17-00036, 17-00037, 17-00038,
17-00039, 17-00040, and 17-00041.

On Sept. 1, 2015, the Court entered an order approving compromise
and settlement, that approved the motion for approval of proposed
compromise and settlement.  Pursuant to the compromise contained in
the motion, the Trustee and Kristina Roberts have agreed that with
respect to post-petition work, the Trustee and Ms. Roberts will
share equally, on a dollar-for-dollar basis, all earnings, income
or proceeds derived in any fashion from Ms. Roberts' post-petition
work.  Additional payments due to the Debtor and the Trustee from
S&S continue to accrue under existing pre-petition contracts that
remain the subject of active investigation and litigation by the
Trustee.

Collectively, these contracts include but are not limited to the
S&S Contracts.  The proceeds from these contracts, as appropriate,
will be used to fund the Plan.

On Jan. 19, 2017, the Debtor's special litigation counsel filed the
following adversary proceedings and the proceeds recovered will
also fund the Plan.

The Contract Proceeds and the Litigation Proceeds will fund the
Plan.  The Debtor anticipates that it will recover litigation
proceeds between $300,000 and $400,000.

A copy of the Disclosure Statement is available at:

          http://bankrupt.com/misc/mdb15-10863-105.pdf

As reported by the Troubled Company Reporter on April 28, 2017, the
Debtor, and Mr. Schlossberg filed with the Court a disclosure
statement dated April 24, 2017, for plan of liquidation dated March
31, 2017.  Under that plan, Allowed Class 1 Claims would be paid in
full.  Each holder of a claim in this class would receive either:
"(i) if such class has accepted the plan, deferred cash payments of
a value, as of the effective date of the plan, equal to the allowed
amount of such claim; or (ii) if such class has not accepted the
plan, cash on the effective date of the plan equal to the allowed
amount of such claim."  

                  About Enrizon Worldwide, Inc.

Headquartered in Hagerstown, Maryland, Enrizon Worldwide, Inc.,
filed for Chapter 11 bankruptcy protection (Bankr. D. Md. Case No.
15-10863) on Jan. 21, 2015, estimating its assets at between
$500,000 and $1 million and liabilities at between $1 million and
$10 million.  The petition was signed by Roger Schlossberg, Esq.,
at Schlossberg, Mastro & Scanlan, the Chapter 7 trustee for the
bankruptcy estate of Kristina L. Roberts, and the sole director and
shareholder of the Debtor.

Judge Paul Mannes presides over the Enrizon Worldwide case.  Paul
Sweeney, Esq., at Yumkas, Vidmar & Sweeney, LLC, serves as the
Debtor's bankruptcy counsel.


EQUITY HOLDINGS: Unsecureds to Recoup At Least 48% Over 5 Yrs.
--------------------------------------------------------------
Equity Holdings Group filed with the U.S. Bankruptcy Court for the
District of Colorado a second amended disclosure statement in
support of its amended plan of reorganization, dated July 19,
2017.

Allowed General Unsecured Creditors are classified in Class 5, and
will receive a minimum distribution of 48% of their allowed claims
in annual installments over a period of five years after the
Effective Date of the Plan, regardless of whether the Plan is
approved by consent or pursuant to the provisions of 11 U.S.C.
Section 1129(b).

Upon the Effective Date, the Debtor will cancel all shares of the
shareholders and offer to sell Shares in the reorganized entity to
potential shareholders.  The Debtor will utilize the amounts
received from said committed parties to fund the one-time lump sum
payment to Clark LLC for repayment under the secured claim and to
purchase the second parcel in the amount of $530,000, or otherwise
as deposited into a bank account maintained by the reorganized
entity and held in trust until the Court adjudicates whether to
subordinate the disputed secured and unsecured claim of Clark LLC.
The reorganized entity will deposit 30.00% of the remaining balance
into a net available cash fund for distribution to Allowed General
Unsecured Claims, and will deposit the remaining balance of 70.00%
into a working capital account to fund post-Effective Date
operations, construction of improvements and ordinary expenses.

Upon the Effective Date, the Debtor will require CMSP to
memorialize the currently month-to-month holdover tenancy as a
month-to-month leasehold interest under a certain and specific
lease agreement, subject to approval by purchasers of shares in the
reorganized entity, and the entry of an order by the Court.
Pursuant to the lease agreement, to commence upon approval by the
Court, the Debtor proposes to allow CMSP to continue operating
races, concerts and events, subject to approval by and receipt of
applicable permits required by relevant departments of Arapahoe
County, Colorado, in exchange for paying monthly rental
installments in the amount of $2,500 together with 50% of monthly
net revenue earned.  Should the reorganized entity agree to lease
the real property to a third-party based on terms more favorable to
paying all allowed claims under the Plan in a shorter timeframe
then herein proposed, the reorganized entity will provide CMSP with
60 days notice of terminating the leasehold interest and
surrendering the real property.  The reorganized entity will
deposit the monthly rental installments into the three separate
bank accounts, as follows: (i) first, the monthly payment to Clark
LLC as treated under Article III of this Plan into the trust
account; (ii) 30% of the remaining balance into the net available
cash fund for distribution to Allowed General Unsecured Claims; and
(iii) 70% of the remaining balance into working capital account.

Subject to approval by the Court, the reorganized entity will
obtain new financing that allows payment to Clark LLC of a lump sum
in the amount of $530,000 as pay of the allowed secured claim and
the purchase of the option property and water rights appurtenant
thereto.  The reorganized entity will use any and all balance of
sums loaned to fund structural and engineering improvements, which
will enable the reorganized entity to pay larger sums to All
Allowed General Unsecured Creditors arising from an increase in
ticket, concession and parking sales.

Should the reorganized entity fail to generate enough funds to
finance payments at any time throughout the life of the Plan, the
reorganized entity will seek approval from the Court to sell any
personal property that holds a resale value in the amount not less
than three months and to not exceed one year of payments owed to
Clark LCC on account of the allowed secured claim under the Plan,
depending on whether the Court subordinates disputed claim within
the adversary.  The Debtor will allocate any and all funds earned
for personal property liquidated as follows: (i) first, three
months of payments to Clark LLC as treated under Article III of
this Plan into the Trust Account, or otherwise paid directly to
Clark LLC if the Court deems to allow the Secured Claims; (ii) 30%
of the remaining balance into the net available cash fund for
distribution to Allowed General Unsecured Claims; and (iii) 70% of
the remaining balance into working capital account.

A copy of the Second Amended Disclosure Statement is available at:

           http://bankrupt.com/misc/cob16-20096-104.pdf

As reported by the Troubled Company Reporter on July 17, 2017, the
Debtor filed with the Court a disclosure statement in support of
its amended plan of reorganization, dated July 7, 2017.  The plan
proposed that Allowed General Unsecured Creditors -- classified in
Class 4 -- would receive a distribution of 24% of their allowed
claims in annual installments over a period of five years after the
Effective Date of the Plan if the Plan is approved by consent.

                   About Equity Holdings Group

Equity Holdings Group, Inc., sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Colo. Case No. 16-20096) on Oct. 12,
2016.  The petition was signed by Donald A. Hulse, chief executive
officer.  

The case is assigned to Judge Thomas B. McNamara.  The Debtor is
represented by Berken Cloyes, P.C.

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


ESCALERA RESOURCES: Seeks Approval of Bid Procedures for Assets
---------------------------------------------------------------
BankruptcyData.com reported that Escalera Resources filed with the
U.S. Bankruptcy Court a motion for an order establishing bidding
and sale procedures; establishing procedures related to the
assumption and assignment of certain executory contracts and
unexpired leases and approving the sale of assets. The motion
explains, "Debtor, together with its Senior Secured Lenders, has
determined that a sale of substantially all of Debtor's assets (the
'Sale') to a party to be selected pursuant to the ongoing marketing
process (the 'Stalking Horse Bidder') or to a higher or better
bidder resulting from an Auction is in the best interests of its
estate and creditors. Currently, initial bids are due on July 28,
2017. Debtor and Warren will select the Stalking Horse Bidder from
these initial bids. The Stalking Horse Bidder will enter into two
separate purchase agreements. The first will be with the Debtor for
the purchase of substantially all of the Debtor's assets (the
'Escalera APA'). The second will be an asset purchase agreement for
the sale of Warren's Atlantic Rim assets."

According to BankruptcyData.com, the motion continues, "To induce
the Stalking Horse Bidder to enter into the Stalking Horse APA,
Debtor requests that it be permitted to grant the customary
stalking horse protection of a break-up fee. Debtor seeks approval
of its portion of a breakup fee to the Stalking Horse Bidder in an
amount up to 2.0% of the proposed purchase price for the Joint
Assets, which amount will be allocated between Debtor and Warren in
the same proportion as for allocation of the joint purchase price,
in the event that Debtor consummates a Sale of Debtor's assets to a
third party whose bid was (A) selected by Warren, Debtor and the
Senior Secured Lenders as a higher and better bid and (B) approved
by the Court."

The motion proposes the following general timeline: August 23, 2017
deadline to submit qualified competing bids; an auction, if
necessary, would be conducted on August 28, 2017, followed by a
sale hearing.

                     About Escalera Resources

Headquartered in Denver, Colorado, Escalera Resources Co. (OTCMKTS:
ESCRQ) is an independent energy company engaged in the exploration,
development, production and sale of natural gas and crude oil,
primarily in the Rocky Mountain basins of the western United
States. Escalera was incorporated in Wyoming in 1972 and
reincorporated in Maryland in 2001. As of October 2015, the Company
had 22 employees, none of whom are subject to a collective
bargaining agreement.

Escalera Resources filed for Chapter 11 bankruptcy protection
(Bankr. D. Colo. Case No. 15-22395) on Nov. 5, 2015.  Adam Fenster,
the chief financial officer, signed the petition. Judge Thomas B.
McNamara is assigned to the case.

Escalera listed total assets of $97.7 million and total
liabilities of $67.7 million as of June 30, 2015.

The Debtor has hired Onsager Guyerson Fletcher Johnson as
bankruptcy counsel; Hein & Associates, LLP, as accountants;
Lindquist & Vennum LLP, as special counsel in connection with the
Humphrey litigation; Jones & Keller, P.C., as special counsel for
general corporate and securities matters; Williams, Porter, Day &
Neville, P.C. as special counsel in the pursuit of a tax refund
from the State of Wyoming; and Seaport Global Securities LLC as
investment banker.

On October 26, 2016, the court ordered the Office of the U.S.
Trustee to appoint a Chapter 11 trustee for the bankruptcy estate.


ESHNAM HOSPITALITY: To Pay Creditors Through Sale of Dallas Hotel
-----------------------------------------------------------------
Eshnam Hospitality Inc. filed with the U.S. Bankruptcy Court for
the Northern District of Texas a disclosure statement dated July
19, 2017, referring to the Debtor's plan of reorganization.

The Debtor proposes to pay its creditors by distributing funds from
the sale of its hotel in Dallas, Texas.

Class 4 Claims of Non-Insider Unsecured Creditors will be paid
after the Class 3 Creditors have been paid.  The Non-Insider
Unsecured claims will be paid in full from the funds available
after the payments of the Class 3 claims.  In the event sufficient
funds do not remain to pay the Class 4 creditors in full, the Class
4 creditors will share pro rata in the remaining funds.  The Class
4 creditors may be impaired under the Plan.

Class 5 Claims of Insider Unsecured Creditors are impaired.  The
Insider Unsecured Creditors will receive any remaining funds after
payments to the Class 1 though 4 creditors.  The Class 5 Creditors
are impaired.

A copy of the Disclosure Statement is available at:

           http://bankrupt.com/misc/txnb17-30860-67.pdf

                  About Eshnam Hospitality, Inc.

Eshnam Hospitality Inc., based in Cedar Hill, Texas, filed a
Chapter 11 petition (Bankr. N.D. Tex. Case No. 17-30860) on March
6, 2017.  The Hon. Barbara J. Houser presides over the case.  Eric
A. Liepins, Esq., at Eric A. Liepins, P.C., serves as bankruptcy
counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.  The petition was signed by Naureen
Mahmood, authorized representative.


EWT HOLDINGS III: S&P Affirms 'B' Rating on 1st Lien Secured Loans
------------------------------------------------------------------
S&P Global Ratings affirmed its 'B' issue-level rating on
U.S.-based water treatment technology, equipment, and services
provider EWT Holdings III Corp.'s first-lien senior secured credit
facilities, which include the company's proposed $80 million
tack-on term loan. The '3' recovery rating is unchanged and
reflects S&P's expectation of meaningful (50%-70%; rounded
estimate: 50%) recovery in the event of default.

The company announced that it is seeking to issue an $80 million
tack-on to its existing $655 million term loan ($636 million
outstanding) and to combine the tack-on and its existing first-lien
term loan tranches, which include a $185 million incremental term
loan ($183 million outstanding), into a single tranche totaling
$899 million upon closing of the transaction. The company will use
the proceeds to repay its outstanding revolver borrowings, which
amounted to about $60 million as of June 30, 2017, and for general
corporate purposes, which we expect will include acquisitions.

S&P said, "Our 'B' corporate credit rating and stable outlook are
unchanged because this transaction does not meaningfully increase
debt. We believe EWT will remain acquisitive and have incorporated
a moderate level of acquisitions annually into our forecast. Still,
we continue to expect EWT's leverage to decline to about 6.5x by
the end of fiscal 2017 on organic revenue growth, lower
restructuring costs, and additional EBITDA from its recent
acquisitions."

RECOVERY ANALYSIS

Key analytical factors

* S&P's simulated default scenario is based on a default in 2020
as a result of margin pressures stemming from persistent
operational inefficiencies and increased competition, leading to a
loss of market share in a highly fragmented industry.

* S&P has the company as a going concern, using a 5x multiple of
its projected emergence EBITDA of about $116 million, which results
in a gross enterprise value of $578 million.  

* S&P's recovery rating on EWT's first-lien senior secured
facilities reflects its expectations for meaningful (50%-70%;
rounded estimate: 50%) recovery as a result of the facilities'
senior secured standing in the capital structure and their
first-priority lien on the security package."

Simulated default assumptions

* Simulated year of default: 2020
* EBITDA at emergence: $116 million
* EBITDA multiple: 5x
* The revolving credit facility is 85% drawn at default
* All debt amounts include six months of prepetition interest

Simplified waterfall

* Net enterprise value (after 5% administrative costs): $549
million
* Valuation split (obligors/nonobligors): 80%/20%
* Priority claims: $15 million
* Collateral value available to first-lien debt claims: $496
million
* First-lien debt claims: $995 million
* --Recovery expectations: 50%-70% (rounded estimate: 50%)

  Ratings List

  EWT Holdings III Corp.
   Corporate Credit Rating              B/Stable/--

  Affirmed

  EWT Holdings III Corp.
   Senior Secured                        B
    Recovery Rating                      3(50%)


FAUSER OIL: Taps Ravinia Capital as  Financial Advisors
-------------------------------------------------------
Fauser Oil Co., Inc., et al., seek authority from the U.S.
Bankruptcy Court for the Northern District of Iowa to employ
Ravinia Capital LLC, as investment banker and financial advisor to
the Debtors.

Fauser Oil requires Ravinia to:

   a) advise the Debtors with respect to the successful sale of
      assets from their bankruptcy estates;

   b) solicit offers for the purchase of Debtors' assets;

   c) serve as the principal contact for Debtors to manage the
      communications and negotiations with outside parties
      interested in pursuing a purchase of the Debtors' assets;

   d) manage communication on sales efforts with constituents,
      stakeholders, governmental agencies, any creditor
      committees, secured creditors, and the representatives of
      each such party, to maintain Debtors' credibility through
      the sale process;

   e) assist, as necessary, in the preparation of motions to
      sell, reports and other legal papers regarding the sale of
      the Debtors' assets; and

   f) assist with such other mutually agreeable matters as may be
      requested by the Debtors and which fall within our scope of
      Ravinia's expertise.

Ravinia will be paid as follows:

   (a) an initial upfront non-refundable fee of $30,000;

   (b) a monthly advisory retainer of $20,000;

   (c) 2% of any Consideration (as defined in the Engagement
       Letter) for a sale of the Debtors' assets to ALM
       Holding Company or its affiliates ("ALM"); and

   (d) 4% of any Consideration for a sale of the
       Debtors' assets to a buyer other than ALM.

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

Eric Welchko, managing director of Ravinia Capital LLC, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

Ravinia can be reached at:

     Eric Welchko
     RAVINIA CAPITAL LLC
     185 N. Franklin Street, 5th Floor
     Chicago, IL 60606
     Tel: (773) 336-2833

                   About Fauser Oil Co., Inc.

Elgin, Iowa-based Fauser Energy Resources, Inc. --
http://www.fauserenergy.com/-- supplies and delivers propane and
fuel products to residential and commercial customers throughout
the Midwest region of the U.S.

Fauser Oil Co. Inc., Fauser Energy Resources Inc., Fauser Transport
Inc. and Ron's L.P. Gas Service LLC sought protection under Chapter
11 of the Bankruptcy Code (Bankr. N.D. Iowa Lead Case No. 17-00466)
on April 24, 2017. Paul Fauser, president, signed the petition.

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

Judge Thad J. Collins presides over the case.

Sweet DeMarb LLC serves as counsel to the Debtors, with the
engagement led by James D. Sweet, Esq. and Rebecca R. DeMarb, Esq.
Yara El-Farhan Halloush, Esq. of Halloush Law Office, P.C., is the
Debtors' local co-counsel. Ravinia Capital LLC, as investment
banker and financial advisor

On May 12, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors for Fauser Oil. No
creditors' committee has been appointed for the other Debtors. The
Fauser Oil Committee retained Pepper Hamilton as legal counsel. The
Committee hired Cutler Law Firm, P.C., as associate counsel.


FBX3 LLLP: Disclosures OK'd; Plan Confirmation Hearing on Aug. 24
-----------------------------------------------------------------
The Hon. Susan D. Barrett of the U.S. Bankruptcy Court for the
Southern District of Georgia has approved FBX3, LLLP's disclosure
statement dated May 10, 2017, referring to the Debtor's plan of
reorganization.

A hearing on the confirmation of the Plan will be held on Aug. 24,
2017, at 10:00 a.m.

Aug. 18, 2017, is the last day for filing written acceptances or
rejections of the Plan.

                        About FBX3 LLLP

FBX3, LLLP, sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S. D. Ga. Case No. 16-10496) on April 4, 2016.  The
petition was signed by Michael D. Tomberlin, authorized
representative.

Judge Susan D. Barrett presides over the case.  Todd Boudreaux,
Esq., at Boudreaux Law Firm, represents the Debtor as bankruptcy
counsel.

At the time of the filing, the Debtor disclosed $6.04 million in
assets and $2.65 million in debts.


FHC HEALTH: S&P Affirms 'B' CCR & Revises Outlook to Negative
-------------------------------------------------------------
S&P Global Ratings said it affirmed its 'B' long-term corporate
credit rating on U.S. based FHC Health Systems Inc. (d/b/a Beacon
Health Options; FHC). S&P said, "At the same time, we revised our
outlook to negative from stable. We also affirmed our 'B' debt
rating on FHC's first-lien revolver and term loan. The recovery
ratings on these debt issues are '3', indicating our expectation
for a meaningful (50%) recovery of principal in the event of a
payment default.

"Our outlook revision is based on our view that FHC's business
underperformance in 2016 may persist in 2017-2018 if it is unable
to renew key contracts, get adequate rate increases, and contain
its heightened medical cost trends. FHC has been relatively
successful in winning new business and on-boarding new contracts
since its late 2014 merger (between legacy Beacon Health and FHC).
For example, revenues increased by 9% in 2016. However, we now
expect revenues to decrease by 3%-5% in 2017 because of contract
and membership losses, and risk-to-nonrisk contract conversions. In
addition, the company has several top-10 contracts up for renewal
for 2018, which causes some uncertainty regarding revenue re-growth
in 2018.

"We could lower our rating during the next 12 months if the
company's business performance deteriorates further, leading to
significantly higher leverage than currently projected.

"In 2017, we expect FHC's revenues to decrease by 3%-5% and
adjusted EBITDA to be relatively flat. The company's EBITDA margin
has potential to improve to 5.25%-5.75% (compared with 5% in 2016)
if the medical loss ratio stabilizes at 87.5%-88% (compared with
89.7% in 2016) and operating costs remain stable. For 2018, we
believe FHC's revenues could return to more-normalized revenue
growth of 4%-6% if it is able to renew its top contracts, negotiate
adequate rate increases, and win new business. An improved adjusted
EBITDA margin of 5.5%-6% is possible if the medical loss ratio
improves to 87%-88% and operating costs remain stable.

"Under this scenario, we expect an adjusted debt-to-EBITDA ratio of
5x-5.5x as of year-end 2017 and close to 5x as of year-end 2018. We
expect adjusted EBITDA interest coverage to remain relatively
healthy at close to 3x in 2017-2018.

"We could lower our rating in the next 12 months if the company's
business continues to underperform, leading to further significant
leverage deterioration. Factors such as unexpected contract losses
or membership declines, pricing pressures, higher-than-expected
medical/operating costs, and/or a significant debt raise could
drive this downside scenario.

"We could affirm the current ratings in the next 12 months if the
company's business performance and leverage stabilize, and the
company demonstrates a stronger commitment to delevering (as
reflected by voluntary debt repayment, for example)."


FINTUBE LLC: Creditors Panel Hires Crowe & Dunlevy as Counsel
-------------------------------------------------------------
The Official Committee of Unsecured Creditors of Fintube, LLC,
seeks authorization from the U.S. Bankruptcy Court for the Northern
District of Oklahoma to retain Crowe & Dunlevy, PC, as counsel to
the Committee.

The Committee requires Crowe & Dunlevy to:

   a. provide legal advice as necessary with respect to the
      Committee's powers and duties as an official committee
      appointed under section 1102 of the Bankruptcy Code;

   b. assist the Committee in negotiating favorable terms for
      unsecured creditors with respect to any proposed asset
      purchase agreements for the sale of any of the Debtor's
      assets;

   c. provide legal advice as necessary with respect to any
      disclosure statement or plan filed in the Case, and with
      respect to the process for approving or disapproving any
      such disclosure statement or confirming, or denying
      confirmation of, any such plan, as appropriate;

   d. prepare on behalf of the Committee, as necessary,
      applications, motions, complaints, answers, orders,
      agreements, memoranda of law, and other legal papers,
      including, without limitation, the preparation and defense
      of retention and fee applications for the Committee's
      professionals and proposed professionals, including Crowe &
      Dunlevy;

   e. appear in the Bankruptcy Court to present necessary
      motions, applications and pleadings, and otherwise protect
      the interests of those unsecured creditors who are
      represented by the Committee;

   f. review the Debtor's schedules and statements;

   g. advise the Committee as to the implications of the Debtor's
      activities and filings with the Bankruptcy Court;

   h. provide the Committee with legal advice in relation to the
      bankruptcy case generally; and

   i. perform such other legal services as may be required and
      that are in the best interests of the Committee, the estate
      and creditors.

Crowe & Dunlevy will be paid at these hourly rates:

     Mark A. Craige                       $425
     Michael Pacewicz                     $335
     Lysbeth L. George                    $250
     Andrew J. Hofland                    $225
     Paraprofessional                     $160-$230

Crowe & Dunlevy will also be reimbursed for reasonable
out-of-pocket expenses incurred.

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

Crowe & Dunlevy can be reached at:

     Mark A. Craige, Esq.
     Michael Pacewicz, Esq.
     Andrew J. Hofland, Esq.
     CROWE & DUNLEVY, PC
     321 South Boston Avenue
     Tulsa, OK 74103-3313
     Tel: (918) 592-9800
     Fax: (918) 592-9801

          - and -

     Lysbeth L. George, Esq.
     CROWE & DUNLEVY, PC
     324 North Robinson, Suite 100
     Oklahoma City, OK 73102
     Tel: (405) 235-7700
     Fax: (405) 272-5203

                   About Fintube, LLC

Fintube, LLC, is a Delaware limited liability company engaged in
the business of engineering and manufacturing welded, extended
surface tubing and designing and fabricating heat recovery systems
for a worldwide market. The Company has been in business for over
50 years. Its primary facilities are located in Tulsa, Oklahoma.

Fintube filed a Chapter 11 petition (Bankr. N.D. Okla. Case No.
17-11274) on June 27, 2017.  The Debtor hired Doerner, Saunders,
Daniel & Anderson, L.L.P. as legal counsel; ClearRidge LLC as
financial advisor; and Bruce Jones, managing director of
ClearRidge, as chief restructuring officer.

On July 10, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors. No trustee or examiner
has been appointed. The Committee hired Crowe & Dunlevy, PC, as
counsel.


FLORIDA ORGANIC: Hires Equity Partners as Banking Consultant
------------------------------------------------------------
Florida Organic Aquaculture LLC, seeks authority from the U.S.
Bankruptcy Court for the Southern District of Florida to employ
Equity Partners HG, as investment banking consultant and sales
broker to the Debtor.

Florida Organic requires Equity Partners to:

   a. inspect the Assets to determine their physical condition;

   b. prepare a program which may include marketing the Assets
      through newspapers, magazines, journals, letters, fliers,
      signs, telephone solicitation, the internet and such other
      methods as Equity Partners may deem appropriate;

   c. prepare advertising letters, fliers and similar sales
      materials, which would include information regarding the
      Assets;

   d. endeavor to locate parties who may have an interest in
      becoming a joint venture partner, investing in, acquiring,
      or refinancing the Debtor's business or the Assets;

   e. circulate materials to interested parties regarding the
      Assets, after completing confidentiality documents;

   f. respond, provide information to, communicate and negotiate
      with and obtain offers from interested parties and make
      recommendations to the Debtor as to whether or not a
      particular offer should be accepted;

   g. communicate regularly with the Debtor in connection with
      the status of Equity Partners' efforts with respect to the
      disposition of the Assets. This shall include a weekly
      written report to all Parties-in-Interest;

   h. negotiate with various stakeholders of the Debtor,
      including to secured and unsecured creditors and equity
      shareholders, in regards to the possible financial
      restructuring of the existing claims of the creditors and
      equity stakeholders of the Debtor;

   i. recommend to the Debtor the proper method of handling any
      specific problems encountered with respect to the marketing
      or disposition of the Assets; and

   j. perform related services necessary to maximize the proceeds
      to be realized for the Assets.

Equity Partners will be paid in cash at settlement of any
transaction, closed and funded, for any offer received, in the case
of reorganization, upon confirmation of a reorganization plan, and
the fee shall be:

   a. in the case of sale, $325,000 for all Gross Value up to
      $7,500,000, and 2.5% of Gross Value between $7,500,001 and
      $11,000,000, and 3.5% of Gross Value between $11,000,001
      and $15,000,000, and 4% of any Gross Value in excess of
      $15,000,000;

   b. in the case of a restructuring, the greater of $250,000;

   c. in the case of refinancing, the greater of $250,000 or 3%
      of the Gross Value for first lien debt and 4% for other
      debt. In the case of refinancing, for purposes of
      calculating Gross Value, the total amount of the available
      financing committed to will be used, whether or not the
      Debtor chooses to draw down the entire amount available;

   d. in the case of a joint venture or merger, upon
      consummation, and shall be the greater of $250,000;

   e. in the case of new equity or debt raised into the existing
      corporate structure, the greater of $250,000 or 18% of the
      Gross Value;

   f. Equity Partners shall be entitled to its fee even if a
      buyer purchases the Assets, or a claim directly from a
      secured creditor;

   g. Equity Partners shall be entitled to receive its fee from
      any purchase, refinance, equity investment, joint venture
      or restructuring completed within 12 months with a prospect
      identified during the term of the Agreement;

   h. The Debtor will pay Equity Partners a retainer of $15,000
      per month, paid in advance on a monthly basis, beginning on
      the effective date of the Agreement.

   i. The fee of Equity Partners shall paid in cash at
      settlement, and such payment shall be a condition of, the
      closing of any transaction, or the confirmation of any
      plan.

Henry Waida, managing director of Equity Partners HG, 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.

Equity Partners can be reached at:

     Henry Waida
     EQUITY PARTNERS HG
     16 N. Washington Street, Suite 102
     Easton, MD 21601
     Tel: (866) 969-1115

           About Florida Organic Aquaculture LLC

Based in Jupiter, Florida, Florida Organic Aquaculture, LLC, is
engaged in shrimp cultivation using energy-efficient and
sustainable aquaculture techniques.  Florida Organic Aquaculture
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
S.D. Fla. Case No. 17-15012) on April 24, 2017. The petition was
signed by Clifford Morris, managing member.

Malinda L. Hayes, Esq., at Markarian Frank & Hayes serves as the
Debtor's bankruptcy counsel. The Debtor taps Equity Partners HG, as
investment banking consultant and sales broker.

The case is assigned to Judge Erik P. Kimball.

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



FLYING CROWN: Hires Ronald J. Aiani as Counsel
----------------------------------------------
Flying Crown, LLC, seeks authority from the U.S. Bankruptcy Court
for the Eastern District of Virginia to employ Ronald J. Aiani,
P.C., as counsel to the Debtor.

Flying Crown requires Ronald J. Aiani to:

   a. assist the Debtor with required schedules and related
      forms;

   b. represent the Debtor at creditors' meetings;

   c. advise the Debtor of its duties and responsibilities under
      the Bankruptcy Code;

   d. assist in preparing monthly financial forms; analyzing cash
      flow and financial matters;

   e. assist and advise the Debtor in connection with executory
      contracts;

   f. draft documents to reflect agreements with creditors;

   g. resolve motions for relief from stay and adequate
      protection;

   h. negotiate for obtaining financing and use of cash
      collateral, as necessary;

   i. determine whether reorganization, dismissal, or conversion
      is in the best interests of the Debtor and their creditors;

   j. work with creditors' committee and other counsel, if any;

   k. work on any disclosure statement and plan of
      reorganization; and

   l. handle other matters that arise in the normal course of
      administration of the bankruptcy estate.

Ronald J. Aiani will be paid at the hourly rate of $340.

On June 26, 2017, Ronald J. Aiani received the amount of $20,000.
From this amount, Ronald J. Aiani applied $1,717 for the filing fee
in the bankruptcy case. The remaining $18,283.00 balance will be
held in Ronald J. Aiani's trust account.

Ronald J. Aiani will also be reimbursed for reasonable
out-of-pocket expenses incurred.

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

Ronald J. Aiani can be reached at:

     Ronald J. Aiani, Esq.
     RONALD J. AIANI, P.C.
     86 East Lee St.
     Warrenton, VA 20186
     Tel: (540) 347-5295

                   About Flying Crown, LLC

Flying Crown, LLC, based in Manassas, Virginia, filed a Chapter 11
petition (Bankr. E.D. Va. Case No. 17-12185) on June 26, 2017. The
Hon. Brian F. Kenney presides over the case. Ronald J. Aiani, Esq.,
at Ronald J. Aiani, P.C., serves as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Philip L.
Rogers, manager of Apogee Holdings, LLC, sole member of the
Debtor.



FREE GOSPEL: Unsecureds to Get $986 Per Month for Seven Years
-------------------------------------------------------------
The Free Gospel Church of The Apostles Doctrine and F.G.
Development Corp. filed with the U.S. Bankruptcy Court for the
District of Maryland an amended and corrected disclosure statement
dated July 23, 2017 in support of the Debtors' joint plan of
reorganization dated April 14, 2017.

Allowed Class 5 Claims -- totaling $79,961,81 -- will consist of
the allowed unsecured claims of:

   PEPCO -- $5,866.84
   Tyco Integrated Security -- $9,866.90
   Delage Landen Financial Services -- $12,720.71
   M&T Bank -- $22,002.40
   Verizon Bankruptcy -- $2,483.89
   Free Gospel Church of Bryan's Road -- $23,914.51
   Comptroller of Treasury -- $215.00
   Washington Gas -- $490.74
   Washington Gas -- $606.28
   Washington Gas -- $697.52
   Washington Gas -- $490.74
   Washington Gas -- $606.28

Class 5 Unsecured Claims are impaired by the Plan.  Class 5 will be
paid their Allowed Unsecured Claims in full over 84 months from the
Effective Dates at the rate of interest prescribed under 28 U.S.C.
Section 1961 (presently 1%).

Commencing on the Effective Date the Allowed Unsecured Claims will
receive $986 monthly representing an 84-month distribution on a
base of $79,961.81 at 1.00% interest in full and complete
satisfaction of 100% of the face amount of their claims.

Upon the completion of plan payments, the Class 5 Claims will be
discharged pursuant to 11 U.S.C. Section 1141(d).  As further
assurances to the Class 5 Claims of payment in full of their
allowed claims, the confirmation court order will state that
without any further order of the Court the Class 5 Claims hold a
lien on all remaining real property of the estate (albeit without
change in the above interest rate) and that the Debtor will not
modify the Plan or otherwise alien, refinance, sell or hypothecate
the remaining real properties after the sale of the real properties
which was addressed in Article III of the Plan as concerns SMS.

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

          http://bankrupt.com/misc/mdb15-18209-245.pdf

As reported by the Troubled Company Reporter on May 23, 2017, the
Debtors filed with the Court a disclosure statement dated May 10,
2017, referring to the Debtors' joint plan of reorganization dated
April 14, 2017.  That plan proposed that holders of Class 5
Unsecured Claims be paid in full over 84 months from the Effective
Dates at the rate of interest prescribed under 28 U.S.C. Section
1961 (presently 1%).  Commencing on the Effective Date the Allowed
Unsecured Claims would receive $867 monthly representing an 84
month distribution on a base of $79,961.81 at 1.00% interest in
full and complete satisfaction of 100% of the face amount of their
claims.  

          About The Free Gospel of the Apostles' Doctrine

The Free Gospel of the Apostles' Doctrine, a non-profit, was
founded Feb. 9, 1996, as a Pentecostal denominational church.

Free Gospel is closely connected with F.G. Development Corporation.
F.G. Development guaranteed a loan to SMS Financial XXVI, LLC
("SMS") that was made to and for the benefit of Free Gospel.  After
Free Gospel defaulted on the loan, SMS looked to F.G. Development
for payment.

To stop SMS's collection efforts, The Free Gospel of the Apostles'
Doctrine filed a Chapter 11 bankruptcy petition (Bankr. D. Md. Case
No. 15-18209) on June 9, 2015.  The petition was signed by
Antoinette Green-Snow as executive administrator.  The Debtor
estimated assets of $10 million to $50 million and debts of $1
million to $10 million.  Frank Morris, II, Esq., at Law Office of
Frank Morris II, serves as the Debtor's counsel.

On June 9, 2015, F.G. Development also filed bankruptcy (Case No.
15-18210), estimating $1 million to $10 million in assets. F.G. is
also represented by the Law Office of Frank Morris II.

Free Gospel and F.G. did not seek joint administration of their
Chapter 11 cases.

Judy A. Robbins, the U.S. Trustee for Region 4, told the U.S.
Bankruptcy Court for the District of Maryland that she has not
appointed creditors to serve on the official committee of unsecured
creditors in the Chapter 11 Bankruptcy case of The Free Gospel of
the Apostles Doctrine because the number of persons eligible and
willing to serve on the committee is presently insufficient.


GARLOCK SEALING: Plan That Resolves Asbestos Claims Consummated
---------------------------------------------------------------
EnPro Industries, Inc. (NYSE: NPO) said that at 12:01 a.m. Eastern
Time on July 31, 2017 the joint plan of reorganization of certain
of EnPro's subsidiaries, including Garlock Sealing Technologies LLC
("GST LLC"), to resolve their current and future asbestos claims
was consummated and became effective. Consummation of the Joint
Plan, which was confirmed by the U.S. District Court for the
Western District of North Carolina on June 12, 2017, effects the
substantive conclusion of the asbestos claims resolution process
involving GST LLC and EnPro subsidiaries, Garrison Litigation
Management Group, Ltd. ("Garrison"), The Anchor Packing Company
("Anchor" and, together with GST LLC and Garrison, "GST") and
OldCo, LLC, the successor by merger to Coltec Industries Inc
("OldCo").

Under the Joint Plan, EnPro retained ownership of GST and OldCo
and, upon the effectiveness of the Joint Plan, each of these
subsidiaries became free to operate its respective business and
use, acquire, and dispose of its respective property free of any
restrictions of the United States Bankruptcy Code in all respects
as if there were no pending cases under any chapter or provision of
the United States Bankruptcy Code, except for obligations under the
Joint Plan, the documents under the Joint Plan and the District
Court's confirmation order.

As a result, GST and OldCo have been reconsolidated with EnPro for
financial reporting purposes as of July 31, 2017.  

"The consummation of the Joint Plan represents the successful
culmination of many years of dedicated effort to resolve the
asbestos burden that has weighed on our company since we were
founded in 2002," said Steve Macadam, EnPro's President and CEO.

"We are grateful to all those, including our employees and our
outside lawyers and consultants, who have worked so hard to achieve
this outcome and to our board of directors and shareholders who
supported us throughout this effort," Mr. Macadam continued.

Pursuant to applicable accounting rules, upon and as of the date of
the effectiveness of the Joint Plan, the assets and liabilities of
both GST and OldCo are reconsolidated into the EnPro balance sheet
at their estimated fair value, and a pre-tax gain is recognized for
the excess of the estimated fair value of the GST and OldCo
businesses over the net book value of EnPro's investment.  In
addition, EnPro's consolidated financial statements will include
the sales, income, expenses and cash flows of both GST and OldCo
beginning on July 31, 2017. Periods prior to that date will not be
restated to include GST and OldCo's results.

               About Garlock Sealing Technologies LLC

Headquartered in Palmyra, New York, Garlock Sealing Technologies
LLC is a unit of EnPro Industries, Inc. (NYSE: NPO).  For more than
a century, Garlock has been helping customers efficiently seal the
toughest process fluids in the most demanding applications.

On June 5, 2010, Garlock filed a voluntary Chapter 11 petition
(Bankr. W.D.N.C. Case No. 10-31607) in Charlotte, North Carolina,
to establish a trust to resolve all current and future asbestos
claims against Garlock under Section 524(g) of the U.S. Bankruptcy
Code.  The Debtor estimated $500 million to $1 billion in assets
and up to $500 million in debts as of the Petition Date.

Affiliates The Anchor Packing Company and Garrison Litigation
Management Group, Ltd. also filed for bankruptcy.

Albert F. Durham, Esq., at Rayburn Cooper & Durham, P.A.,
represents the Debtor in their Chapter 11 effort. Garland S.
Cassada, Esq., at Robinson Bradshaw & Hinson, serves as counsel
for
asbestos-related matters.

The Official Committee of Unsecured Creditors is represented by
FisherBroyles LLP.

The Official Committee of Asbestos Personal Injury Claimants in
the
Chapter 11 cases is represented by Travis W. Moon, Esq., at
Hamilton Moon Stephens Steele & Martin, PLLC, in Charlotte, NC,
Elihu Inselbuch, Esq., at Caplin & Drysdale, Chartered, in New
York, and Trevor W. Swett III, Esq., Leslie M. Kelleher, Esq., and
Jeanna Rickards Koski, Esq., in Washington, D.C.

Joseph W. Grier, III, the court-appointed legal representative for
future asbestos claimants, has retained A. Cotten Wright, Esq., at
Grier Furr & Crisp, PA, and Richard H. Wyron, Esq., and Jonathan
P.
Guy, Esq., at Orrick, Herrington & Sutcliffe LLP, as his
co-counsel.

Judge George Hodges of the U.S. Bankruptcy Court for the Western
District of North Carolina on Jan. 10, 2014, entered an order
estimating the liability for present and future mesothelioma
claims
against Garlock Sealing at $125 million, consistent with the
positions GST put forth at trial.

In January 2015, the Debtors filed their Second Amended Plan of
Reorganization, which is backed by the Future Asbestos Claimants'
Representative (FCR).

                         About OldCo, LLC

OldCo, LLC, formerly known as Coltec Industries, Inc., based in
Charlotte, N.C., manufactures and distributes aerospace and
industrial products in the United States, Canada, and Europe.  It
filed a Chapter 11 bankruptcy petition (Bankr. W.D.N.C. Case No.
17-30140) on Jan. 30, 2017.  The petition was signed by Joseph
Wheatley, president and treasurer.  Bankruptcy Judge Craig J.
Whitley is assigned to the case.

The Debtor is represented by Daniel Gray Clodfelter, Esq. and
William L. Esser, IV, Esq., at Parker Poe Adams & Bernstein LLP.
The Debtor also hired David M. Schilli, Esq., and Andrew W.J.
Tarr, Esq., at Robinson, Bradshaw & Hinson, P.A. as special
corporate & litigation counsel; Rust Consulting/Omni Bankruptcy as
claims, notice & ballot agent.

In its petition, the Debtor estimated $100 million to $500 million
in both assets and liabilities.

By Order entered on Feb. 3, 2017, the Court ordered that the Coltec
Bankruptcy Case be jointly administered with the Garlock Bankruptcy
Case.


GENERAL WIRELESS: Committee Hires Bartlit Beck as Special Counsel
-----------------------------------------------------------------
The Official Committee of Unsecured Creditors of General Wireless
Operations Inc., d/b/a Radioshack, et al., seeks authorization from
the U.S. Bankruptcy Court for the District of Delaware to retain
Bartlit Beck Herman Palenchar & Scott LLP, as special counsel to
the Committee.

Prepetition, General Wireless Operations Inc., one of the Debtors,
and Sprint Solutions Inc. and Sprint eWireless, Inc. entered into
the Mutual Settlement and Release, Operations Wind Down, and
Bankruptcy Cooperation Agreement, dated March 5, 2017, related to
the Debtors' potential claims against Sprint.

The Committee requires Bartlit Beck to investigate and pursue the
Sprint Claims, including, without limitation, claims related to the
Amended and Restated Master Strategic Alliance Agreement dated
April 1, 2015, a multiple site lease agreement dated April 1, 2015,
a second multiple site sublease agreement dated April 1, 2015, the
Warrant Agreement dated April 1, 2015, and the Investors Rights
Agreement dated April 1, 2015.

Bartlit Beck will be paid as follows:

   (a) a fixed two-month fee of $200,000 for July and August 2017
       and $100,000 thereafter (the "Monthly Fee"), capped at a
       total of $3,500,000;

   (b) fifteen percent of the gross sum in excess of $5,000,000
       received from Sprint (the "Contingency Fee"); and

   (c) reimbursement of actual and necessary out-of-pocket
       expenses. Bartlit Beck's total compensation is capped at
       thirty-five percent of gross recoveries. Further, any
       Contingency Fee will be reduced by Monthly Fees paid up to
       $2,150,000.

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

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

   Response:  No.

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

   Response:  No.

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

   Response:  Not applicable.

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

   Response:  The Official Committee and the Junior Lien
              Agent have approved the fee arrangement
              described in this motion, including a cap on
              Monthly Fees of $3,500,000 during the term of
              the engagement. All billed monthly expenses
              must be reasonable and documented.

James B. Heaton, partner of Bartlit Beck Herman Palenchar & Scott
LLP, assured the Court that the firm is a "disinterested person" as
the term is defined in Section 101(14) of the Bankruptcy Code and
(a) is not creditors, equity security holders or insiders of the
Debtors; (b) has not been, within two years before the date of the
filing of the Debtors' chapter 11 petition, directors, officers or
employees of the Debtors; and (c) does not have an interest
materially adverse to the interest of the estate or of any class of
creditors or equity security holders, by reason of any direct or
indirect relationship to, connection with, or interest in, the
Debtors, or for any other reason.

Bartlit Beck can be reached at:

     James B. Heaton, Esq.
     BARTLIT BECK HERMAN PALENCHAR & SCOTT LLP
     54 West Hubbard Street
     Chicago, IL 60610
     Tel: (312) 494-4400
     Fax: (312) 494-4440

          About General Wireless Operations Inc.

Based in Fort Worth, Texas, General Wireless Operations Inc., doing
business as RadioShack -- http://www.RadioShack.com/-- operates a
chain of electronics stores. Its predecessor, RadioShack Corp.,
then with 4,000 locations, sought Chapter 11 protection (Bankr. D.
Del. Case No. 15-10197) in February 2015 and announced plans to
close underperforming stores.

In March 2015, General Wireless, a Standard General affiliate, won
court approval to purchase RadioShack Corp.'s assets, gaining
ownership of around 1,700 RadioShack locations. Two years later,
General Wireless commenced its own bankruptcy case, announcing
plans to close 200 of 1,300 remaining stores.

General Wireless Operations Inc., and its affiliates based in Fort
Worth, Texas, filed a Chapter 11 petition (Bankr. D. Del. Lead Case
No. 17-10506) on March 8, 2017. In its petition, General Wireless
estimated $100 million to $500 million in both assets and
liabilities. Bradford Tobin, SVP and general counsel, signed the
petitions.

The Debtors tapped Pepper Hamilton LLP as legal counsel; Loughlin
Management Partners & Company, Inc., as financial advisor; and
Prime Clerk, LLC, as claims and noticing agent.

On March 17, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors. The committee selected
Kelley Drye & Warren LLP as its lead counsel; Klehr Harrison Harvey
Branzburg LLP as local counsel; Bartlit Beck Herman Palenchar &
Scott LLP, as special counsel; and Berkeley Research Group LLC as
financial advisor.



GM OILFIELD: To Pay 10% of Unsecured Creditors Over Six Years
-------------------------------------------------------------
GM Oilfield and Trucking Services, LLC dba GM Trucking filed with
the U.S. Bankruptcy Court for the Western District of Texas a
disclosure statement dated July 19, 2017, referring to the Debtor's
plan of reorganization.

GM will pay 10% of creditors in Class 15 General Unsecured Claims
over six years without interest.  Payments will be made starting on
the 15th day of the first full month following the Effective Date
with like payments to be on the 15th day of each succeeding month
thereafter.  All payments will be shared pro rata amongst the Class
15 creditors.  This class is impaired.

The Plan is based on the future earnings of GM.  GM believes that
the Estate will generate sufficient future income to fund the
obligations under the proposed in the Plan and that no further
reorganization proceedings will be likely.

A copy of the Disclosure Statement is available at:

        http://bankrupt.com/misc/txwb16-31581-193.pdf

          About GM Oilfield & Trucking Services LLC

GM Oilfield & Trucking Services, LLC, doing business as GM
Trucking, filed a chapter 11 petition (Bankr. W.D. Tex. Case No.
16-31581) on Oct. 5, 2016.  The petition was signed by George
Magallanes, manager.  The Debtor is represented by Carlos A.
Miranda, III, Esq., at Miranda & Maldonado, P.C.  The case is
assigned to Judge Christopher H. Mott.  The Debtor estimated assets
at $500,000 to $1 million and liabilities at $1 million to $10
million at the time of the filing.


GRASS VALLEY: Starr B Gets More Favorable Treatment in Latest Plan
------------------------------------------------------------------
Grass Valley Holdings, L.P. filed its latest Chapter 11 plan of
reorganization, which provides for a more favorable treatment of
Starr B, L.C.'s partially secured claim.

The latest plan proposes to pay Starr B the entire amount of its
allowed Class 5 claim, both secured and unsecured portions, within
six months of the effective date of the plan.

The original plan filed on April 27 had proposed paying Starr B a
lump sum of $1 million, which was significantly less than the face
amount asserted in its proof of claim.  

The creditor asserted $1,446,032.85, of which $800,000 is secured
while $646,032.85 is unsecured.  The claim is partially secured by
the real property owned by Grass Valley located in Spanish Fork,
Utah.

The proposed treatment of general unsecured creditors under the
latest plan did not change.  Both the initial plan and the revised
plan propose to pay Class 6 general non-priority unsecured claims
100%, plus interest.  

Payments under the plan will be funded from accumulated and ongoing
revenues derived from leasing real properties owned by Grass
Valley.  The company will be able to pay in full all non-insider
unsecured claims from funds generated by the operation of its
business.   

Meanwhile, subsequent refinancing of the company's real properties
in Spanish Fork or in Lehi will allow it to pay the agreed amount
to Starr B, according to its latest disclosure statement filed on
July 18 with the U.S. Bankruptcy Court for the District of Utah.

A copy of the revised disclosure statement is available for free at
https://is.gd/2LvecA

Grass Valley requested the court to set an August 24 deadline for
creditors to file their objections and cast their votes accepting
or rejecting the plan.  The company also asked the court to hold a
hearing on August 31 to consider confirmation of the plan.

                   About Grass Valley Holdings

Based in Springville, Utah, Grass Valley Holdings, L.P., is a
holding company for real property located in Utah as well as an
interest in real property located in Idaho Falls, Idaho.

Grass Valley Holdings commenced a Chapter 11 bankruptcy case
(Bankr. D. Utah Case No. 15-24513) in Salt Lake City, Utah, on May
15, 2015.

The Debtor disclosed $21,478,874 in assets and $13,187,245 in
liabilities as of the Chapter 11 filing.

The case is assigned to Judge R. Kimball Mosier.  The Debtor is
represented by Gary E. Jubber, Esq., and Douglas J. Payne, Esq., at
Fabian and Clendinin, in Salt Lake City.

On April 27, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.  The
initial plan proposed to pay Class 6 general non-priority unsecured
claims in full, plus interest.  A copy of the disclosure statement
is available for free at https://is.gd/a5Iwqb


GREATER EVANGEL: Amended Disclosure Statement Filed
---------------------------------------------------
The Greater Evangel Temple Church of God in Christ disclosed in
court papers that the only administrative claims asserted against
the church are the professional fees of its legal counsel, Green &
Sklarz LLC.

The church estimated that fees as of the effective date of its
Chapter 11 plan of reorganization are not expected to exceed
$20,000.  These fees will either be paid on the effective date or
pursuant to an agreement with the firm, if needed.

Green & Sklarz has agreed not to hold-up confirmation of the plan
should its fees not be paid in full on the effective date,
according to the church's latest disclosure statement filed with
the U.S. Bankruptcy Court in Connecticut.

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

            About The Greater Evangel Temple Church
                     of God in Christ Inc.

The Greater Evangel Temple Church of God in Christ, Inc. is a
historically African American church located in Ansonia,
Connecticut.  It has been in existence for more than 23 years and
is an important local religious institution, providing a house of
worship to over 200 members.  It is a member of Church of God in
Christ, a Pentecostal Christian denomination with more than six
million members.  The principal pastor at the church is Pastor
Edward Barnes.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Conn. Case No. 16-31239) on August 5, 2016.  Edward
Barnes, president, signed the petition.  At the time of the filing,
the Debtor estimated assets and liabilities of less than $500,000.

Green & Sklarz, LLC represents the Debtor as bankruptcy counsel.

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


GRIER BROS: Hires Tookes and Associates as Accountant
-----------------------------------------------------
Grier Bros. Enterprises, Inc., seeks authority from the U.S.
Bankruptcy Court for the Northern District of Georgia to employ
Tookes and Associates, Inc., as accountant to the Debtor.

Grier Bros. requires Tookes and Associates to:

   a. provide the Debtor with accounting advice and services in
      the bankruptcy case and prepare on behalf of the Debtor
      documents related to accounting matters;

   b. compile statements of assets, liabilities, and equity-
      income tax basis and related statements of revenue and
      expenses of the Debtor on a monthly basis;

   c. prepare a monthly statement of revenue and expenses from
      the monthly bank statements of the Debtor that will
      ultimately be used to assist in the preparation of state
      and federal tax returns for the year, prepare monthly
      balance sheets, and provide general ledger account detail;

   d. advise and assist the Debtor with regard to the preparation
      and filing of tax returns that may be required, provide
      assistance, advice and consultation with regard to state
      and federal income taxes, and prepare federal and state
      income tax returns for the Debtor and the annual statements
      of assets, liabilities, and equity-income tax basis;

   e. prepare bi-weekly payroll statements and process checks;

   f. review the books and records of the Debtor and analyze and
      verify accounts with regard to the assets, liabilities,
      financial affairs, and financial obligations of the Debtor;

   g. perform all other necessary accounting services that may be
      required as accountants to the Debtor or to assist
      attorneys for the Debtor in the performance of the duties
      of the Debtor and give all other necessary accounting
      advice to the Debtor in connection with the Chapter 11
      case.

Tookes and Associates will be paid as follows:

   -- Monthly financial statements              $2,000 per month

   -- One time set up fee                       $250

   -- Corporate tax returns                     $1,500

Tookes and Associates will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Quintin Tookes, CEO of Tookes and Associates, 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.

Tookes and Associates can be reached at:

     Quintin Tookes
     TOOKES AND ASSOCIATES, INC.
     295 Stoneleigh Drive
     Atlanta, GA 30331
     Tel: (404) 794-6144
     Fax: (770) 621-2667

               About Grier Bros. Enterprises, Inc.

Based in Atlanta, Georgia, Grier Bros. Enterprises, Inc., provides
trucking or transfer services.

Grier Bros. Enterprises sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ga. Case No. 17-56817) on April 13,
2017. The petition was signed by Wayne Grier, president.

The Debtor estimated its assets and debts at $1 million to $10
million.

Herbert C. Broadfoot, II, Esq., at Herbert C. Broadfoot II, PC,
serves as the Debtor's bankruptcy counsel.



GYMBOREE CORP: Unsecureds May Recover Up to 0.092% Under Plan
-------------------------------------------------------------
The Gymboree Corporation and its debtor affiliates filed with the
U.S. Bankruptcy Court for the Eastern District of Virginia a
disclosure statement dated July 24, 2017, for the first amended
joint Chapter 11 plan of reorganization.

Holders of Class 5 General Unsecured Claims -- estimated between
$541.5 million and $753.9 million -- will recover 0.066% to 0.092%
(if Class 5 votes to accept the Plan); 0% (if Class 5 votes to
reject the Plan).

If Class 5 votes to accept the Plan then, in full and final
satisfaction of each General Unsecured Claim, each holder thereof
will receive its pro rata share of the GUC distribution; or if
Class 5 votes to reject the Plan, then in full and final
satisfaction of each Allowed General Unsecured Claim, each holder
thereof will neither receive nor retain any consideration under the
Plan and each General Unsecured Claim will be disallowed in full,
released, and discharged.

The Plan and distributions will be funded by these sources of cash
and consideration: (a) cash on hand, including proceeds of the DIP
Term Loan Facility and the DIP ABL Facility; (b) the rights
offerings; (c) the issuance and distribution of New Gymboree Common
Shares; and (d) the proceeds from the exit facilities, as
applicable.

On the Effective Date, subject to the terms of the Plan, the
Reorganized Debtors shall enter into the Exit ABL Revolving
Facility, the Exit ABL Term Loan Replacement Facility, and the Exit
Term Loan Facility.  The Reorganized Debtors will use the cash
proceeds provided under the Exit Facilities to fund ongoing
operations and distributions under the Plan, and satisfy certain
other cash obligations under the Plan.  The Exit Facilities will be
on terms set forth in the Exit Facility Documents.

A copy of the Disclosure Statement is available at:

          http://bankrupt.com/misc/vaeb17-32986-449.pdf

As reported by the Troubled Company Reporter on June 27, 2017, the
Debtors filed with the Court a disclosure statement with respect to
their joint Chapter 11 plan of reorganization, dated June 16, 2017.
According to that Plan, Class 5 allowed general unsecured
claimants would neither receive nor retain any consideration under
the Plan.

                    About The Gymboree Corp.

The Gymboree Corporation is a children's apparel retailer in North
America, with 1,291 retail stores as of Jan. 28, 2017 operating
under three brands: Gymboree; Janie & Jack (a higher-end offering
launched in 2002); and Crazy 8 (a value-oriented line launched in
2007).  The Company operates online stores at
http://www.gymboree.com/, http://www.janieandjack.com/and    
http://www.crazy8.com/       

In October 2010, Gymboree was acquired by Bain Capital Private
Equity, LP and certain of its affiliated investment funds or
investment vehicles managed or advised by it -- Sponsor -- for
approximately $1.8 billion.

The Gymboree Corp. and seven affiliates each filed a Chapter 11
voluntary petition (Bankr. E.D. Va. Lead Case No. 17-32986) on June
11, 2017.  James A. Mesterharm, the Debtors' chief restructuring
officer, signed the petitions.  The cases are pending before the
Honorable Keith L. Phillips.

Gymboree had $755.5 million in assets and $1.36 billion in total
liabilities as of March 14, 2017.

Kirkland & Ellis LLP, is the Debtors' bankruptcy counsel.  Kutak
Rock LLP is the Debtors' local bankruptcy counsel.  Munger, Tolles
& Olson LLP is the Debtors' special counsel.  Lazard Freres & Co.
LLC is the investment banker.  AlixPartners, LLP is the
restructuring advisor.  Prime Clerk LLC is the claims agent.

Counsel to the Term Loan Agent and the DIP Term Loan Agent are
Milbank, Tweed, Hadley & McCloy LLP; and McGuireWoods LLP.
Rothschild & Co. also serves as advisor to the Term Loan Agent.

Bain Capital Partners is represented by Weil Gotshal & Manges LLP.

Counsel to the DIP ABL Administrative Agent are Morgan, Lewis &
Bockius LLP; and Hunton & Williams LLP.

Counsel to the DIP ABL Term Agent are Choate, Hall & Stewart LLP;
and Whiteford Taylor Preston, LLP.

The indenture trustee for the Debtors' senior unsecured notes is
Deutsche Bank Trust Company Americas.

Counsel to the ad hoc group of senior unsecured noteholders is Akin
Gump Strauss Hauer & Feld LLP.

On June 16, 2017, the Debtors filed a joint Chapter 11 plan of
reorganization and disclosure statement.

On June 22, 2017, the U.S. Trustee for Region 4 appointed an
official committee of unsecured creditors.  The committee hired
Hahn & Hessen LLP as its bankruptcy counsel.


HAMPSHIRE GROUP: Unsecureds to Recoup Up to 29% Under Plan
----------------------------------------------------------
Hampshire Group, Limited, et al., and the Official Committee of
Unsecured Creditors filed with the U.S. Bankruptcy Court for the
District of Delaware a disclosure statement dated July 19, 2017,
for the joint Chapter 11 plan of liquidation.

After the liquidation trustee has paid, resolved, or reserved for,
as applicable, all administrative expense claims, priority employee
claims, professional fee claims, priority tax claims, and secured
claims, the Liquidation Trustee will distribute, on a pro rata
basis, the distributable cash by (a) commencing making pro rata
distributions of cash to each holder of Class 2 General Unsecured
Claims, and (b) funding a plan reserve for all disputed General
Unsecured Claims the aggregate amount of which equals the sum of
(y) the undisputed amount, if any, of each Disputed General
Unsecured Claim after taking into account any claims, rights, or
defenses of the Debtors, their estates, or the Liquidation Trust,
and (z) the Liquidation Trustee's good faith estimate of a
sufficient amount to satisfy the disputed amount of each Disputed
General Unsecured Claim.  

As set forth in the Committee Liquidation Analysis, the Committee
estimates that recoveries for holders of allowed claims in Class 2
could be between 0.2% and 29% under the Plan.  The Committee also
believes that holders of allowed claims in Class 2 would receive
smaller distributions in liquidation under Chapter 7 of the U.S.
Bankruptcy Code.

In accordance with the preceding sentence, the Liquidation Trustee,
in his or her discretion, will make further periodic pro rata
distributions and fund a plan reserve for all Disputed General
Unsecured Claims until the time as (i) all Allowed General
Unsecured Claims have been paid in full in cash, or as otherwise
agreed to by the holder of a General Unsecured Claim and the
Liquidation Trustee, or (ii) the Trust Assets have been exhausted.


The Plan Proponents seek entry, pursuant to Section 105 of the U.S.
Bankruptcy Code, of a court order that, effective upon the
Effective Date, substantively consolidates the Debtors' Estates
into a single consolidated Estate and consolidates all of the debts
of all of the Debtors, for all purposes associated with
confirmation and consummation.  The effect of substantive
consolidation is the pooling of the assets of, and the claims
against, the multiple debtors for the purposes of voting on the
plan and satisfying liabilities from a common fund.

The Plan Proponents have determined it would be difficult,
time-consuming, and costly to attempt to allocate to each
individual Debtor the assets and liabilities belonging to each
Debtor.  The Plan Proponents believe that substantive consolidation
of the Debtors will avoid the costs and delay of allocating assets
and liabilities on an entity-by-entity basis while eliminating
duplicative claims, thereby potentially reducing the size of the
claims pool and potentially increasing any pro rata distribution to
holders of Allowed General Unsecured Claims.  Accordingly, the Plan
Proponents submit that substantive consolidation of the Debtors is
warranted under the facts and circumstances of these Chapter 11
cases.

Under the terms of the Plan, on and after the Effective Date, all
assets and liabilities of the Debtors will be treated as though
they were merged into the Estate of Hampshire Group, Ltd., for all
purposes associated with confirmation and consummation, and all
guarantees by any Debtor of the obligations of any other Debtor
will be eliminated so that any claim and any guarantee thereof by
any other debtor, as well as any joint and several liability of any
debtor with respect to any other debtor will be treated as one
collective obligation of the Debtors, subject to all rights,
claims, defenses, and arguments available to the Debtors or the
Liquidation Trust.

On the Effective Date, the Liquidation Trust will be established
for the primary purpose of administering and liquidating the trust
assets and for the secondary purposes of, inter alia, (a) analyzing
and pursuing causes of action; (b) resolving all administrative
expense claims, professional fee claims, and claims; and (c) making
all distributions provided for under the terms of the Plan.  From
and after the Effective Date, the Liquidation Trust will be called
the Hampshire Liquidation Trust for all purposes.

On the Effective Date, all of the assets of the substantively
consolidated estate, as well as the rights and powers of the
Debtors, the consolidated estate and the Creditors' Committee, will
automatically vest in the Liquidation Trust.  Specifically, and
without limitation, the Liquidation Trust will have the right to
prosecute all causes of action, receive all accounts receivable and
the proceeds related thereto, and receive all recoveries related to
the issuance of the bond and the related letter of credit draw.

As soon as practicable after the Effective Date, but in no event
later than 90 days thereafter, (i) the Liquidation Trustee will
determine the fair market value of the Liquidation Trust Assets as
of the Effective Date, based on a good faith determination, and
(ii) the Liquidation Trustee will establish appropriate means to
apprise the beneficiaries of the valuation.  The valuation will be
used consistently by all parties, including, without limitation,
the Debtors, the Liquidation Trust, and the beneficiaries, for all
federal income tax purposes.

The assets of the estates will vest in the Liquidation Trust;
provided, however, that the Liquidation Trust may abandon or
otherwise not accept any assets that the Liquidation Trustee
believes, in good faith, have no meaningful value to the
Liquidation Trust.  Any assets the Liquidation Trust so abandons or
otherwise does not accept will not vest in the Liquidation Trust
and will revest in the Debtors; provided, however, that pursuant to
an order of the Court following the provision of reasonable notice
to beneficiaries by filing a notice in accordance with Bankruptcy
Rule 6007(a) on the Court's docket for these Chapter 11 cases, the
Liquidation Trustee may abandon any assets to any person.

The Liquidation Trustee will be selected by the Committee in
consultation with the Debtors.  The Committee, in consultation with
the Debtors, and subject to entry of the confirmation order and the
occurrence of the Effective Date, has selected Richard S. Lauter,
Esq., a partner in the law firm of Lewis Brisbois Bisgaard & Smith
LLP, to be the Liquidation Trustee.  During the Chapter 11 cases,
Lewis Brisbois Bisgaard & Smith LLP has served as counsel to I-MAR
LLC, one of the members of the Committee.  The Liquidation Trustee
will function as an independent, disinterested fiduciary for the
estates and creditors.  The Debtors and Committee believe that Mr.
Lauter is qualified to serve as Liquidation Trustee.  The
Liquidation Trustee may obtain a bond in an amount equal to the
reasonable value of the Trust Assets as agreed upon by the
Liquidation Trustee in consultation with the U.S. Trustee.

A copy of the Disclosure Statement is available at:

            http://bankrupt.com/misc/deb16-12634-298.pdf

                     About Hampshire Group, Ltd.

New York-based Hampshire Group, Limited (OTC Markets: HAMP) is a
provider of fashion apparel across a broad range of product
categories, channels of distribution and price points. As a holding
company, the Company operates through its wholly-owned
subsidiaries, Hampshire Brands, Inc. and Hampshire International,
LLC.

Hampshire Group, Limited and two affiliates -- Hampshire Brands and
Hampshire International -- sought Chapter 11 bankruptcy protection
(Bankr. D. Del. Case Nos. 16-12634 to 16-12636) on Nov. 23, 2016,
to facilitate the orderly wind-down of their business operations.

The petitions were signed by Paul Buxbaum, president and chief
executive officer.

Hampshire Group disclosed $25.9 million in assets and $41.8 million
in liabilities.  Brands listed under $50 million in both assets and
debts.  International listed under $50,000 in assets and under $50
million in liabilities.

Louis M. Rappaport, Esq., at Blank Rome LLP represents the Debtors.
William Drozdowski of GRL Capital Advisors LLC has been tapped as
the Debtors' chief financial officer.

The U.S. Trustee for Region 3 has appointed five creditors to serve
in the official unsecured creditors committee in the case.
Pachulski Stang Ziehl & Jones LLP serves as legal counsel and
Gavin/Solmonese LLC as financial advisor to the Committee.

                            *     *     *

The Bankruptcy Court authorized Hampshire Group, Limited, to sell
certain assets to The Fashion Exchange, LLC pursuant to an asset
purchase agreement dated Jan. 13, 2017.  The sold assets include
James Campbell assets. The consideration for the Inventory on Hand
will be an amount equal to $10.95 multiplied by the number of items
of Inventory on Hand as of the Closing Date.  The consideration for
all other Acquired Assets will be $0.14 million.  Klestadt Winters
Jureller Southard & Stevens, LLP, served as legal advisor to the
buyer.


HBT JV: Seeks Conditional Approval of Plan Outline
--------------------------------------------------
HBT JV, LLC, asked a U.S. bankruptcy court to conditionally approve
the disclosure statement, which explains its proposed Chapter 11
plan of liquidation.

In its motion filed with the U.S. Bankruptcy Court for the Northern
District of Texas, the company also asked the court to set a date
for a combined hearing to consider final approval of the disclosure
statement and confirmation of the plan.

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

The liquidating plan filed on July 19 provides for the distribution
of proceeds from the sale of most of HBT's assets, and from the
liquidation of its remaining assets to creditors.  Funds remaining
after payment in full of allowed claims will be distributed to
holders of equity interests in the company.

HBT sold most of its assets to RLJ-McLarty Landers Automotive
Holdings, LLC, which closed on June 20.  

Under the plan, creditors holding Class 3 general unsecured claims
will be paid in full on or after the later of the effective date of
the plan, or the date on which the claim is allowed, according to
court filings.

A summary of the liquidating plan is available for free at
https://is.gd/1xNNtz

                   About HBT JV, LLC

Each of HBT JV, LLC and DK8 LLC filed a voluntary petition under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Tex. Case Nos.
17-40659 and 17-30621) on Feb. 20, 2017.

Forshey & Prostok, LLP is serving as counsel to HBT. Gardere Wynne
Sewell LLP is serving as counsel to DK8 LLC.  The Debtors have
employed Focus Management USA, Inc., as financial advisor, and JND
Corporate Restructuring as noticing, claims and balloting agent.

HBT listed $10 million to $50 million in both assets and
liabilities. DK8 listed $10 million to $50 million in assets
and under $10 million in liabilities.

The petition was signed by Kenneth L. Schnitzer, manager.

On July 19, 2017, HBT filed a Chapter 11 plan of liquidation and
disclosure statement.


HBT JV: Unsecureds To Be Fully Paid Under Plan
----------------------------------------------
HBT JV, LLC, filed with the U.S. Bankruptcy Court for the Northern
District of Texas a disclosure statement dated July 19, 2017, in
support of the Debtor's plan of liquidation.

The Plan constitutes a plan of liquidation for the Debtor and the
Debtor's Estate for distribution purposes under the Plan.  Kenneth
L. Schnitzer, Jr., the Liquidating Debtor's non-member manager is
responsible for supervising the liquidation of the Debtor's assets
and the consummation of the Plan.  DK8 LLC is not a party to the
Plan.

Class 3 General Unsecured Claims are unimpaired by the Plan.  All
allowed claims in Class 3 will be paid in full.  Holders of allowed
claims in Class 3 will not be solicited to vote on the Plan.  Class
3 will be deemed to accept the Plan.  All Allowed Claims in Class 3
will be paid in full.

A copy of the Disclosure Statement is available at:

           http://bankrupt.com/misc/txnb17-40659-318.pdf

                        About HBT JV, LLC

Each of HBT JV, LLC, and DK8 LLC filed a voluntary petition under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Tex. Case Nos.
17-40659 and 17-30621) on Feb. 20, 2017.

Forshey & Prostok, LLP, is serving as counsel to HBT. Gardere Wynne
Sewell LLP is serving as counsel to DK8 LLC.  The Debtors have
employed Focus Management USA, Inc., as financial advisor, and JND
Corporate Restructuring as noticing, claims and balloting agent.

HBT JV, LLC, listed $10 million to $50 million in both assets and
liabilities.  DK8 LLC listed $10 million to $50 million in assets
and under $10 million in liabilities.

The petition was signed by Kenneth L. Schnitzer, manager.


HCA INC: S&P Assigns 'BB' CCR & Revises Outlook to Positive
-----------------------------------------------------------
S&P Global Ratings affirmed its 'BB' corporate credit rating on HCA
Inc. and revised the rating outlook to positive from stable.

S&P said, "At the same time, we assigned our 'BB' corporate credit
rating to parent HCA Healthcare Inc., consistent with our policy of
assigning a rating to the entity issuing the company's financial
statements. The rating outlook is positive.

"In addition, we affirmed our 'BBB-' issue-level rating on the
senior secured debt and 'B+' issue-level rating on the unsecured
debt issued by HCA Inc. The recovery ratings are on this debt are
'1' and 6', respectively. We also affirmed our 'B+' issue-level
rating on the subordinated debt issued by HCA Healthcare Inc. The
recovery rating on this debt is '6'.

"Our outlook revision follows several quarters of EBITDA growth and
consistent, substantial free cash flow generation. While HCA
continues to use all of its internally generated cash flow and some
debt capacity for share repurchases and, more recently,
acquisitions, the company has also steadily grown its EBITDA base,
resulting in leverage in the very low 4x range and free cash flow
that is consistently above $2 billion per year, despite a somewhat
challenging operating environment. While we believe these metrics,
if sustained, are more consistent with a 'BB+' (as opposed to a
'BB') corporate credit rating, we think that there is still some
uncertainty surrounding HCA's financial policies, including its
willingness to increase leverage to capitalize on opportunities to
grow its market presence or reward shareholders.

"Our positive rating outlook reflects our view that HCA's
resilience in a challenging operating environment combined with
current leverage and free cash flow metrics result in credit
quality that is consistent with 'BB+' rating peers. However, we
believe there is some risk that the company's financial policies
could become more aggressive in response to industry turbulence,
and that metrics are not sustained at current levels.

"We could revise the outlook to stable if the company becomes
significantly more aggressive in its growth objectives, pursuing
debt-financed share buybacks or acquisitions that result in
leverage sustained above 4.5x for an extended period. Assuming no
acquired EBITDA, we estimate that there is around $5 billion of
debt capacity before we would revise the outlook to stable.

"We could raise the rating if we gain greater certainty that HCA
can both pursue its growth objectives (including acquisitions and
share repurchases) and maintain credit metrics at current levels in
the very low 4x range and free operating cash flow in excess of $2
billion, despite some margin pressure from mix shifting toward
lower-reimbursed Medicare business and ongoing competitive
pressures. In our view, maintaining current metrics on a permanent
basis would leave overall credit quality more consistent with 'BB+'
(as opposed to 'BB') rated peers. Assuming the company made no
evident shift toward more aggressive financial policies, we could
raise the rating if it sustains metrics at current levels over the
next two quarters."


HOOPER TIMBER: Unsecured Creditors to be Paid 25% in Latest Plan
----------------------------------------------------------------
General unsecured creditors of Hooper Timber Company, LLC, will be
paid 25% of their claims under the company's latest plan to exit
Chapter 11 protection.

Creditors holding Class 6 general unsecured claims will be paid 25%
of their allowed claims in 120 equal monthly installments beginning
on the effective date of the plan.  Class 6 is impaired, according
to the company's latest disclosure statement filed on July 18 with
the U.S. Bankruptcy Court for the Western District of Tennessee.

The initial plan filed on April 26 had proposed to pay general
unsecured creditors in full over 120 months.

A full-text copy of the amended disclosure statement is available
for free at https://is.gd/P2k1C9

                       About Hooper Timber

Hooper Timber Company, LLC, was founded in 2004 by Timmy Hooper,
who continues as sole member.  The Debtor has two lines of
business, harvesting and sale of timber and the manufacture of
railroad ties.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Tenn. Case No. 16-29970) on Oct. 28, 2016.  The
petition was signed by Timothy D. Hooper, member.  At the time of
the filing, the Debtor estimated assets and liabilities of less
than $1 million.

Russell W. Savory, Esq., at Beard & Savory, PLLC, serves as the
Debtor's legal counsel.

The Office of the U.S. Trustee on Dec. 22, 2016, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case.

On April 26, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.  Class 6
General Unsecured Claims will be paid 100% of their allowed amounts
in 120 equal monthly installments starting on the Effective Date of
the Plan.  Class 6 is deemed to be impaired.  The Plan provides
that Claims will be paid from future business operations.


IFM (US) COLONIAL: S&P Hikes Secured Debt Rating to 'BB+'
---------------------------------------------------------
S&P Global Ratings said it affirmed its 'BB' corporate credit
rating on IFM (U.S.) Colonial Pipeline 2 LLC. The outlook is
stable. S&P said, "At the same time, we raised the issue-level
rating on the company's secured debt to 'BB+' from 'BB'. We also
revised the recovery rating on this debt to '2' from '4'. The '2'
recovery rating indicates our expectation of substantial (70%-90%;
rounded estimate: 75%) recovery in the event of default.

"The revision of the recovery rating on the company's secured debt
to '2' from '4' and the upgrade of the company's secured debt to
'BB+' from 'BB' reflect our updated valuation of the company in our
distressed scenario.

"The stable outlook reflects our expectation that IFM (U.S.)
Colonial Pipeline 2 LLC (IFM) will receive steady dividends from
Colonial Pipeline. We expect IFM Colonial to maintain leverage of
about 4x and interest coverage of above 3.5x in fiscal 2018 (ending
June 30, 2018). We also expect the company to maintain liquidity we
view as adequate.

"We could lower the rating if dividends from Colonial Pipeline
decline such that debt to EBITDA at IFM Colonial rises above 5x on
a sustained basis or if EBITDA to interest coverage falls below 3x.
If we forecast that EBITDA to interest to fall below 3x on a
sustained basis, we would lower the corporate credit rating to
'B+'.

"We could raise our corporate credit rating on IFM Colonial to
'BB+' if we believed interest coverage would be above 4x and debt
to EBITDA below 4x on a sustained basis."


INTEGRITY LIFE: Has Until Oct. 20 to File Plan & Disclosures
------------------------------------------------------------
The Hon. K. Rodney May of the U.S. Bankruptcy Court for the Middle
District of Florida has entered an order giving Integrity Life
Sciences LLC until Oct. 20, 2017, to file a plan of reorganization
and disclosure statement.

Headquartered in Tampa, Florida, Integrity Life Sciences LLC filed
for Chapter 11 bankruptcy protection (Bankr. M.D. Fla. Case No.
17-05530) on June 26, 2017, estimating its assets at up to $50,000
and its liabilities at between $100,001 and $500,000.  Frank A.
Principe, Esq., serves as the Debtor's bankruptcy counsel.


INTEGRITY LIFE: Hires Frank A. Principe as Attorney
---------------------------------------------------
Integrity Life Sciences LLC, seeks authority from the U.S.
Bankruptcy Court for the Middle District of Florida to employ Frank
A. Principe, Attorney at Law, as attorney to the Debtor.

Integrity Life requires Frank A. Principe to:

   a. give the Debtor legal advice with respect to its powers and
      duties as business and management of its property;

   b. prepare on behalf of the Debtor necessary applications,
      answers, orders, reports, complaints, and other legal
      papers and to appear at hearings thereon; and

   c. perform all other legal services for the Debtor as debtor-
      in-possession, which may be necessary herein, and it is
      necessary for Debtor as debtor-in-possession to employ the
      Firm.

Frank A. Principe will be paid at these hourly rates:

     Attorney                          $300
     Paraprofessionals                 $75

Prepetition, Integrity Back Brace, on behalf of the Debtor paid an
advance fee to Frank A. Principe the amount of $3,000. The Debtor
also paid $3,000 and the $1,717 filing fee.

Frank A. Principe will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Frank A. Principe, partner of Frank A. Principe, Attorney at Law,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

Frank A. Principe can be reached at:

     Frank A. Principe, Esq.
     FRANK A. PRINCIPE, ATTORNEY AT LAW
     2805 West Busch Blvd., Suite 100
     Tampa, FL 33618
     Tel: (813) 629-3696
     E-mail: Prinlaw@prodigy.net

              About Integrity Life Sciences LLC

Integrity Life Sciences LLC, filed a Chapter 11 bankruptcy petition
(Bankr. M.D. Fla. Case No. 17-05530) on June 26, 2017, disclosing
under $1 million in both assets and liabilities. The Debtor is
represented by Frank A. Principe, Esq., at Frank A. Principe,
Attorney at Law.



JN MEDICAL: Unsecureds to Recoup 100% Under Plan
------------------------------------------------
JN Medical Corporation filed with the U.S. Bankruptcy Court for the
District of Nebraska a disclosure statement dated July 19, 2017,
referring to the Debtor's plan of reorganization.

Holders of Class 4 Allowed General Unsecured Claims -- totaling
$217,588.71 -- will recover 100% under the Plan.  Allowed Unsecured
Claims will be paid: (i) in full and in cash the amount of allowed
unsecured claim upon the Effective Date; or (ii) in other manner to
which Debtor and the holder of allowed unsecured claim have agreed
upon in writing.  Following payment of the allowed unsecured
claims, the Debtor will have no further liability or obligations on
account thereof.

The Debtor's plan payments will come from Debtor's post-petition
income, through revenues received from Debtor's proposed licensing
agreement, and through the infusion of additional capital by
Debtor's shareholders.

In order to facilitate the payments to certain allowed claims that
are proposed to be made on the Effective Date, an amount equal to
$250,000 will be deposited with the Court by the Debtor's
shareholders to start with the understanding the deposit will not
constitute property of the Debtor or its estate, will not be
subject to and liens or claims of any creditor, and will only be
distributed to upon confirmation of this Plan and then only in
accordance with the Plan.  Absent an agreement between Debtor and
its shareholders, any balance remaining after satisfaction of
allowed claims payable on the Effective Date will be returned to
Debtor's shareholders.

A copy of the Disclosure Statement is available at:

           http://bankrupt.com/misc/neb17-80174-295.pdf

                  About JN Medical Corporation

JN Medical Corporation, a company based in Omaha, Nebraska, sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Neb.
Case No. 17-80174) on Feb. 15, 2017.  The petition was signed by
Kevin Aramalla, president.  

The case is assigned to Judge Thomas L. Saladino.  Stinson Leonard
Street LLP is the Debtor's legal counsel.

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


JOHN Q. HAMMONS: Sale of Springfield Property for $179K Approved
----------------------------------------------------------------
Judge Robert D. Berger of the U.S. Bankruptcy Court for the
District of Kansas authorized John Q. Hammons Fall 2006, LLC, and
its affiliates to sell the residential lot described as Lot 20,
Dunrobin Addition of Highland Springs Phase 2, Greene County,
Missouri, commonly known as 5553 S. Dunrobin, Springfield,
Missouri, to Mark and Shelly Long for $179,000.

A hearing on the Motion was held on July 17, 2017.

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

At the time of closing, and from the proceeds of the sale, the
Trust is authorized and directed to pay its share of the closing
costs and all past due and outstanding taxes with respect to the
Real Estate.  The Trust is further directed to pay to Great
Southern Bank in satisfaction of its lien on the Real Estate the
greater of (i) 80% of the sale proceeds, less standard closing
costs, or (ii) $50,000.  Finally, the Trust is further directed to
place the remaining net sale proceeds into a segregated bank
account and the Proceeds will be held in such account pending
further order of the Court.

The Order constitutes a final order within the meaning of 28 U.S.C.
Section 158(a)(1).  To the extent necessary under Fed. R. Bankr. P.
9014, the Court expressly finds that there is no just reason for
delay in the implementation of the Order, and expressly directs
entry of the Order.  Moreover, pursuant to Fed. R. Bankr. P.
6004(h), the Court rules that the 14-day stay of the Order
authorizing the sale of the Real Estate should be, and is, waived.

                 About John Q. Hammons Fall 2006

Springfield, Mo.-based John Q. Hammons Hotels & Resorts (JQH) --
http://www.jqhhotels.com/-- is a private, independent owner and   


manager of hotels in the United States, representing brands such
as: Marriott, Hilton, Embassy Suites by Hilton, Sheraton, IHG,
Chateau on the Lake Resort / Spa & Convention Center, and Plaza
Hotels Collection.  It has portfolio of 35 hotels representing
approximately 8,500 guest rooms/suites in 16 states.

John Q. Hammons Fall 2006, LLC, and its affiliated debtors filed
chapter 11 petitions (Bankr. D. Kan. Case Nos. 16-21139 to
16-21208) on June 26, 2016.  The petitions were signed by Greggory
D. Groves, vice president.

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

The Debtors' bankruptcy counsel are Mark A. Shaiken, Esq., Mark S.
Carder, Esq., and Nicholas Zluticky, Esq., at Stinson Leonard
Street LLP.  The Debtors' conflicts counsel is Victor F. Weber,
Esq., at Merrick Baker and Strauss PC.

The Debtors engaged BMC Group, Inc., as their notice, claims, and
balloting agent; and Alvarez & Marsal Valuation Services, LLC as
appraiser.


JOHN Q. HAMMONS: Sale of Springfield Property for $79K Approved
---------------------------------------------------------------
Judge Robert D. Berger of the U.S. Bankruptcy Court for the
District of Kansas authorized John Q. Hammons Fall 2006, LLC, and
its affiliates to sell the residential lot described as Lot 6,
Kingswood Phase II, Highland Springs, Greene County, Missouri,
commonly known as 5234 E. Whitehaven Dr., Springfield, Missouri, to
Keith McKee and Chyna McKee Trust for $79,000.

A hearing on the Motion was held on July 17, 2017.

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

At the time of closing, and from the proceeds of the sale, the
Trust is authorized and directed to pay its share of the closing
costs and all past due and outstanding taxes with respect to the
Real Estate. The Trust is further directed to pay to Great Southern
Bank in satisfaction of its lien on the Real Estate the greater of
(i) 80% of the sale proceeds, less standard closing costs, or (ii)
$50,000.  Finally, the Trust is further directed to place the
remaining net sale proceeds into a segregated bank account and the
Proceeds will be held in such account pending further order of the
Court.

The Order constitutes a final order within the meaning of 28 U.S.C.
Section 158(a)(1).  To the extent necessary under Fed. R. Bankr. P.
9014, the Court expressly finds that there is no just reason for
delay in the implementation of the Order, and expressly directs
entry of the Order.  Moreover, pursuant to Fed. R. Bankr. P.
6004(h), the Court rules that the 14-day stay of the Order
authorizing the sale of the Real Estate should be, and is, waived.

                 About John Q. Hammons Fall 2006

Springfield, Mo.-based John Q. Hammons Hotels & Resorts (JQH) --
http://www.jqhhotels.com/-- is a private, independent owner and   


manager of hotels in the United States, representing brands such
as: Marriott, Hilton, Embassy Suites by Hilton, Sheraton, IHG,
Chateau on the Lake Resort / Spa & Convention Center, and Plaza
Hotels Collection.  It has portfolio of 35 hotels representing
approximately 8,500 guest rooms/suites in 16 states.

John Q. Hammons Fall 2006, LLC, and its affiliated debtors filed
chapter 11 petitions (Bankr. D. Kan. Case Nos. 16-21139 to
16-21208) on June 26, 2016.  The petitions were signed by Greggory
D. Groves, vice president.

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

The Debtors' bankruptcy counsel are Mark A. Shaiken, Esq., Mark S.
Carder, Esq., and Nicholas Zluticky, Esq., at Stinson Leonard
Street LLP.  The Debtors' conflicts counsel is Victor F. Weber,
Esq., at Merrick Baker and Strauss PC.

The Debtors engaged BMC Group, Inc., as their notice, claims, and
balloting agent; and Alvarez & Marsal Valuation Services, LLC as
appraiser.


K & J COAL: Withdrew Without Prejudice Chest Township Property Sale
-------------------------------------------------------------------
Judge Jeffery A. Deller of the U.S. Bankruptcy Court for the
Western District of Pennsylvania withdrew without prejudice K&J
Coal Co., Inc.'s sale of three tracts: (i) Tax I.D. #
109-E15-00013, Control # 109050558, containing 71 acres; (ii) Tax
I.D. # 109 -E15-00015, Control # 109050559, containing 10 acres;
and (iii) Tax I.D. # 109-E15-00016.1, Control # 109051262,
containing 36.42 acres, situate in Chest Township, Clearfield
County, Pennsylvania, to the highest and best offer(s).

The Reorganized Debtor proposed to sell the Real Estate free and
clear of all liens, claims or encumbrances except for interest of
River Hill Coal Co. as Lessee.  No interested parties appeared to
bid upon the Real Estate.

The Reorganized Debtor, through counsel, made oral motion to
withdraw its motion to sell without prejudice.

                      About K & J Coal Co.

K&J Coal Co., Inc., also known as K & J Coal Co., sought Chapter
11
protection (Bankr. W.D. Penn. Case No. Case No. 02-26645) on July
19, 2002.

The Court approved and confirmed the Debtor's Plan of
Reorganization
dated August 31, 2003, as amended, pursuant to the Confirmation
Order dated Feb. 9, 2004.

The Reorganized Debtor tapped James R. Walsh, Esq., at Spence,
Custer,
Saylor, Wolfe & Rose, LLC, as counsel.


K&J COAL: Sale of Mineral Interests to Buffalo for $900K Approved
-----------------------------------------------------------------
Judge Jeffery A. Deller of the U.S. Bankruptcy Court for the
Western District of Pennsylvania authorized K&J Coal Co., Inc.'s
sale of coal interests, mining rights, support rights, surface
rights, access rights, removal rights, oil rights, gas rights,
mineral rights and related drilling, access and removal rights to
lands situated in Chest Township, Cambria County, Pennsylvania, and
Chest Township, Clearfield County, Pennsylvania, consisting of
5,602.764 acres, to Buffalo Valley, Ltd. for $900,000.

A hearing on the Motion was held on July 31, 2017.

The sale is free and clear of all liens, claims, charges and
interests, excepting only the obligations to pay the owner of
certain surface rights, to wit, the Cambria County Recreation &
Conservation Authority, the 15% royalty interest.

The proceeds of Sale will be applied as follows:

    a. First, 6% of the gross sales proceeds on the highest and
best offer brought to the Reorganized Debtor at least one hour
prior to the sale will be paid to the Broker as its commission for
services rendered to the Seller at Closing, provided that bid was
actually made at the time of sale before the Court.

    b. Next, the remaining proceeds will be applied to the costs
and expenses of sale, which include but are not limited to
advertising, printing, mailing and notice fees incurred by the
Reorganized and counsel to the Reorganized Debtor, the Reorganized
Debtor’s attorneys’ fees for services rendered in connection
with the proposed Auction and closing thereon, including the
preparation of the necessary pleadings, bills of sale, reports of
sale, and the like;

    c. Next, to lien holders, if any, in the order of the priority
of their liens, with undisputed amounts due upon undisputed liens
to be paid at closing and the amounts due upon disputed liens or
upon disputed amounts to be retained in an estate account pending a
determination of the parties' rights with respect thereto; and

    d. Any remaining proceeds will be retained in an estate account
and distributed in accord with the approved Plan of Confirmation.

                      About K & J Coal Co.

K&J Coal Co., Inc., also known as K & J Coal Co., sought Chapter
11
protection (Bankr. W.D. Penn. Case No. Case No. 02-26645) on July
19, 2002.

The Court approved and confirmed the Debtor's Plan of
Reorganization dated Aug. 31, 2003, as amended, pursuant to the
Confirmation Order dated Feb. 9, 2004.

The Reorganized Debtor tapped James R. Walsh, Esq., at Spence,
Custer,
Saylor, Wolfe & Rose, LLC, as counsel.


KEN'S FISH: U.S. Trustee Opposes Approval of Plan Outline
---------------------------------------------------------
The Office of the U.S. Trustee asked the U.S. Bankrupt Court in
Massachusetts to deny approval of Ken's Fish Inc.'s disclosure
statement, saying it does not contain "adequate information."

In a court filing, the Justice Department's bankruptcy watchdog
said the document provides insufficient financial information such
as its monthly projected financial data and historical financial
information.

The U.S. trustee also wanted the disclosure statement revised to
include a provision requiring the company to make timely payment of
fees and file a monthly financial report after confirmation of its
plan.

Ken's Fish on June 22 filed a disclosure statement, which explains
its proposed Chapter 11 plan of reorganization.  The plan proposes
to pay creditors holding Class 2 unsecured non-priority claims 10%
of their allowed claims in 12 equal monthly installments.  First
payment is due on the effective date of the plan.

Ken's Fish will continue to operate its business in Taunton,
Massachusetts.  A two-year projection prepared by the company
indicates its ability to make payments under the plan, according to
the disclosure statement.

                      About Ken's Fish Inc.

Ken's Fish, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Mass. Case No. 16-14014) on October 20,
2016.  The petition was signed by Kenneth A. Menard, president.  

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

The case is assigned to Judge Joan N. Feeney.  The Debtor is
represented by the Law Office of Gary W. Cruickshank.  Eric Hartley
& Associates, LLC serves as its accountant.

On June 22, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.  Under the
plan, creditors holding unsecured non-priority claims will be paid
10% of their allowed claims.  A copy of the disclosure statement is
available for free at https://is.gd/RHxbVk


KINGDOM REAL ESTATE: Lonesome Opposes Approval of Plan Outline
--------------------------------------------------------------
Lonesome Dove Joint Venture asked the U.S. Bankruptcy Court for the
Northern District of Texas to deny approval of the latest
disclosure statement filed by Kingdom Real Estate Holdings & Wealth
Management LLC, saying it does not contain "adequate information."

In a court filing, Lonesome Dove, a secured creditor, said the
document does not disclose how it is to be paid under Kingdom Real
Estate's proposed Chapter 11 plan of reorganization.

Lonesome Dove also said that while it is identified as an unsecured
creditor in Kingdom Real Estate's schedules, it is classified as a
secured creditor under the plan.

"Creditors are entitled to know from the disclosure statement what
the anticipated result of the plan will be," it said in the
filing.

Under the latest plan, Lonesome Dove's Class 4 secured claim in the
amount of $914,178, will be paid out fully once allowed over a
period of 60 months, with interest at a rate of 4.25% per annum.

Payments will be made in equal monthly installments based on a
standard 25 year amortization.  The first payment is due on the
first day of the first month following the effective date, and all
subsequent payments will continue on the first day of each month
thereafter until the allowed amount of the claim is paid in full.

To the extent that Lonesome Dove has a valid secured claim, it will
retain its lien to secure its allowed claim.

Lonesome Dove's Class 4 claim is subject to a pending objection and
a pending lawsuit in state court.  The amount of its claim will be
determined by either the bankruptcy court or the state court,
according to Kingdom Real Estate's latest disclosure statement.

A copy of the third amended disclosure statement is available for
free at https://is.gd/z26k1r

Lonesome Dove is represented by:

     Mark B. French, Esq.
     1901 Central Drive, Suite 704
     Bedford, TX 76021
     Phone: (817) 268-0505
     Fax: (817) 796-1396
     Email: mark@markfrenchlaw.com

               About Kingdom Real Estate Holdings

Kingdom Real Estate Holdings & Wealth Management, LLC sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. N. D.
Texas Case No. 16-44990) on Dec. 30, 2016.  John Aflatouni,
managing member, signed the petition.

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

Judge Russell F. Nelms presides over the case.  Joyce W. Lindauer
Attorney, PLLC represents the Debtor as bankruptcy counsel.

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


LAST FRONTIER: Asks Court to Approve Plan Outline
-------------------------------------------------
Last Frontier Realty Corp. filed with the U.S. Bankruptcy Court for
the Northern District of Texas a motion for conditional approval of
the disclosure statement dated July 11, 2017, referring to Debtor's
plan of reorganization dated July 11, 2017.

As reported by the Troubled Company Reporter on July 26, 2017, the
Debtor filed the Plan, which proposes that unsecured creditors
receive full payment under the Debtor's proposed plan to exit
Chapter 11 protection.

                About Last Frontier Realty Corp.

Last Frontier Realty Corp. is a Texas corporation which owns two
pieces of real property.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Texas Case No. 17-32681) on July 10, 2017.  At
the time of the filing, the Debtor disclosed that it had estimated
assets and liabilities of less than $1 million.  

Judge Stacey G. Jernigan presides over the case.  Eric A. Liepins,
P.C. is the debtor's bankruptcy counsel.

The Debtor previously filed a Chapter 11 petition (Bankr. N.D.
Texas Case No. 17-30454) on Feb. 6, 2017.  This case was dismissed
on July 3, 2017.


LOMBARD PUBLIC: In Chapter 11 to Restructure $247M in Bond Debt
---------------------------------------------------------------
Lombard Public Facilities Corporation, the entity that owns the
Westin hotel in Lombard, Illinois, has sought Chapter 11 protection
after reaching deals that contemplate the continued operation of
its 18-story hotel and the long-term restructuring of $246.7
million of bonds.

LPFC was formed to, among other things, issue revenue bonds to
finance the cost of acquiring, designing, constructing, and
equipping a conference center, hotel, restaurant and related
improvements, in the Village of Lombard, Illinois.

As of July 1, 2017, the aggregate principal balances and accrued
interest under the bonds total approximately $246.65 million,
broken down as follows:

    a. The Lombard Public Facilities Corporation Conference Center
and Hotel First Tier Revenue Bonds, Series 2005A-1, in the
aggregate principal and accrued interest in the amount of $70.93
million (the "A-1 Bonds").

    b. The Lombard Public Facilities Corporation Conference Center
and Hotel First Tier Revenue Bonds, Series 2005A-2, in the
aggregate principal and accrued interest in the amount of $57.98
million (the "A-2 Bonds").

    c. The Lombard Public Facilities Corporation Conference Center
and Hotel Second Tier Revenue Bonds, Series 2005B, in the aggregate
principal and accrued interest in the amount of $48.24 million (the
"B Bonds").

    d. The Lombard Public Facilities Corporation Conference Center
and Hotel Third Tier Revenue Bonds, Series 2005C and 2006C in the
aggregate principal and accrued interest in the amount of $69.50
million (collectively, the "C Bonds").

The Bonds were issued pursuant to a Trust Indenture dated as of
August 1, 2005, by and between the Debtor and Amalgamated Bank of
Chicago, an Illinois banking corporation, as trustee, as amended
and supplemented by a First Supplemental Indenture of Trust dated
as of April 1, 2006.

Under the Indenture, the Bonds are limited recourse obligations of
the Debtor, payable solely from (a) available revenues, after
payment of operating expenses, and (b) the assets of the Project.
The A Bonds are payable and secured in the same manner on a parity
with each other by the Business Collateral, provided, however, the
debt service on the A-2 Bonds is further secured by a bond
insurance policy (the "ACA Policy") issued by ACA Financial
Guaranty Corporation ("ACA" or the "Controlling Party").

Shortly prior to the Petition Date, the Debtor entered into three
restructuring support agreements:

   -- one with ACA and the Hotel Manager dated July 19, 2017 (the
"Hotel RSA");

   -- another with ACA and the Restaurant Manager dated July 19,
2017; and

   -- another with ACA, the holders of a majority of the Bonds
(together with ACA in its capacity as the owner of certain Bonds,
the "Consenting Bondholders"), and the Village dated July 25, 2017
(the "Global RSA," and together with the Hotel RSA and the
Restaurant RSA, the "RSA(s)").

The objectives of the Consensual Restructuring are to:

   (a) lower the debt service payments on the restructured Bonds to
amounts that are feasible given the current and expected operating
results of the Project, while also allowing for mandatory early
repayment of such Bonds should the operating results exceed
expectations in the future,

   (b) extend the repayment terms of the restructured Bonds
significantly by up to no more than 32 years or to 2067, to allow
for the restructured Bonds to be paid significantly more from the
Consensual Restructuring than they would be paid from a foreclosure
of the Project, while at the same time maintaining the tax-exempt
status of certain of such Bonds,

   (c) re-engage the Managers, who are crucial to the continuing
operations of the Hotel and Restaurant, while also obtaining needed
and fair concessions from the Hotel Manager and a significant
contribution for capital improvements,

   (d) allow for increased contributions from Available Revenues
for capital improvements to fund the needed capital improvement
plan in the short-term, and to otherwise provide for the other
ordinary capital needs over the remaining life of the Plan to
ensure that the Hotel and Restaurant are properly maintained and
can continue to prosper and generate revenues to repay such
restructured A Bonds and B Bonds, and

   (e) continue to commit all available net revenues from the
Project to the repayment of the restructured Bonds throughout the
life of the Plan.

Under each of the RSAs, the parties thereto have agreed to support,
and/or to contribute to, the implementation of a proposed
restructuring of the Bonds, the funding for needed capital
improvements to the Project, and revisions to the Existing
Management Agreements, in consonance with the filing of this
Chapter 11 Case and the confirmation of a plan of reorganization.

                        Road to Chapter 11

Paul Powers, director and president of LPFC, recounts in a court
filing that since opening on August 22, 2007, the Project has not
performed at the levels projected in a 2005 Market Study.

Originally, the Debtor expected the Project would service the
increasing demand for Hotel space from major employers, groups, and
meeting travelers in DuPage County, home to some of Illinois' most
affluent suburbs.  In addition, the U.S. economy entered into a
recession in December 2007 followed by a slow economic recovery
that did not take root until 2010. Significantly impacted was the
meeting and convention business, a major demand generator for the
Project.  Although the U.S. economy has experienced a resurgence,
Mr. Powers says the pace of Average Daily Rate growth, a key
indicator of the health of the hospitality industry, has been
declining since 2014.

As a result, the Available Revenues have not been sufficient to
make all of the required debt service payments under the Indenture
since at least 2010.  Beginning in 2010, the Debtor had no choice
under the Indenture but to have the Indenture Trustee utilize the
Reserves to meet debt service payments for certain of the A Bonds
and B Bonds, and there were no funds available to pay the C Bonds.

To address the failure to achieve forecasted performance
benchmarks, and the inability to meet debt service obligations, in
2011, the Debtor, engaged the investment banking firm of Piper
Jaffray & Co., to prepare and circulate an Invitation to Tender
Bonds dated March 10, 2011, to the beneficial owners of the A Bonds
and the C Bonds. Pursuant to the Tender, holders of the A Bonds and
the C Bonds were invited to redeem their Bonds for cash on a
discounted basis, to be financed by a new issuance sponsored by the
Debtor.  Unfortunately, the threshold requirements for implementing
the Tender were not met and it proved unsuccessful.

Since the failed Tender, the Debtor examined possible alternatives
for dealing with the inevitable defaults and the increasing
likelihood that the Debtor would be unable to satisfy the Bonds by
the Original Maturity Date. It is my understanding that since early
2012, the Debtor and ACA, in its capacity as the Controlling Party
under the Indenture, have had on and off communications regarding
the restructuring of the Bonds.  The Debtor recognized and
communicated to ACA that given market conditions, there was no
anticipated catalyst for growth in the performance of the Hotel and
Restaurant sufficient to restore and maintain the existing
amortization schedule under the Indenture.

The underperformance of the Project also led to shortfalls in
contributions to reserves that were to be established for capital
expenditures, which in turn has jeopardized the ability of the
Debtor to fund such necessary improvements and critical repairs,
and in recent years, has threatened the ability of the Debtor to
operate the Hotel in accordance with the standards imposed under
the Westin brand and/or the Hotel Management Agreement.

On or about Jan. 2, 2014, the Indenture Trustee formally sent a
letter of default to the Debtor based on the failure to make
certain required interest and principal payments on the B Bonds due
on Jan. 1, 2014.  By that time, the Reserves for the B Bonds were
sufficiently depleted such that future debt service payments could
not be fully satisfied on the B Bonds.  Since that time, the Debtor
has been unable to fully satisfy the semi-annual debt service
installments called for under the Indenture for the A Bonds and B
Bonds, resulting in only partial or no debt-service payments.  On
June 30, 2016, the Indenture Trustee, at the direction of the
Controlling Party, accelerated and declared all principal and
interest on the Bonds due and payable immediately.

Despite the defaults on debt service, the Debtor remained current
on all operating expenses pertaining to the Project, which expenses
are, and must be, paid ahead of debt service under the terms of the
Indenture.

                     Consensual Restructuring

Beginning in approximately late 2013 and thereafter, the Debtor
engaged in extensive discussions with ACA as the Controlling Party,
and thereafter, with certain of the major Bondholders, the Hotel
Manager, the Restaurant Manager, and the Village.  What was clear
early on in those negotiations, and what remains clear today, is
that: (a) based on market prices for similar hotels, the proceeds
of a foreclosure of the Project will result in a recovery of far
less than one third of the balance of the A Bonds, with no
remaining funds available for any other Bonds, and (b) the
continued operation of the Debtor, and a long-term restructure of
the Bonds, through a Chapter 11 Plan, will provide the best result
for holders of the Bonds and other parties in interest.

Recently, shortly prior to the Petition Date, the Debtor entered
into three restructuring support agreements: one with ACA and the
Hotel Manager dated July 19, 2017 (the "Hotel RSA"); another with
ACA and the Restaurant Manager dated July 19, 2017 (the "Restaurant
RSA"); and another with ACA, the holders of a majority of the
Bonds, and the Village dated July 25, 2017.

Under each of the RSAs, the parties thereto have agreed to support,
and/or to contribute to, the implementation of a proposed
restructuring of the Bonds, the funding for needed capital
improvements to the Project, and revisions to the Existing
Management Agreements, in consonance with the filing of the Chapter
11 Case and the confirmation of a plan of reorganization.

                         First Day Motions

The Debtor has requested various types of relief in the "first day"
motions filed on or shortly after the Petition Date .

The Debtor's financial advisor, Thomas Buck, principal in the
bankruptcy and restructuring group of EisnerAmper LLP, explains
that the relief sought in the first day motions is critical to the
future viability of the Project that current operations continue in
an unabated manner and that every effort be made to minimize any
disruption that could result from the filing of the Chapter 11
Case.

"As such, I believe that the relief sought in the First Day Motions
should be granted. The hotel and restaurant industries are highly
competitive. Any loss or threatened loss or interruption in goods
and services the Hotel and Restaurant provide to their customer
base, could lead to a substantial loss in revenue as customers
could switch to other hospitality venues, which in turn could
jeopardize or eliminate altogether the prospects for the Consensual
Restructuring to proceed successfully."

                            Milestones

The RSAs set forth a number of deadlines intended to facilitate the
expeditious resolution of the Chapter 11 Case and/or to maintain
the continued support of certain of the Plan Support Parties and/or
the Managers, and the failure to achieve these milestones could
give certain of such parties the right to terminate their
respective RSAs.  These deadlines include:

    -- obtaining Court approval of the Utilities Motion within 20
days after the Petition Date or Aug. 17, 2017,

    -- obtaining Court approval of the RSAs, the Prepetition Lien
Claims Motion, the Customer Benefits/Programs Motion, and the
Prepetition Taxes Motion (hereafter defined) within 30 days after
the Petition Date or Aug. 27, 2017,

    -- filing the Chapter 11 Plan and Disclosure Statement by Sept.
6, 2017,

    -- obtaining Court approval for the provisional assumption of
the Existing Management Agreements within 90 days of the Petition
Date, or Oct. 26, 2017,  and

    -- achieving the effective date of the Plan by Dec. 31, 2017.

A copy of the declaration of EisnerAmper's Thomas Buck is available
at:

  http://bankrupt.com/misc/Lombard_P_13_1st_Buck_Declaration.pdf

A copy of the declaration of LPFC President Paul Power is available
at:

  http://bankrupt.com/misc/Lombard_P_12_1st_Day_Affidavit.pdf

              About Lombard Public Facilities Corp.

Lombard Public Facilities Corporation was established in 2003 by
the affluent Lombard Village in Illinois, 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.  

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.  The Hotel is and has been operated
and managed under the Westin brand by Westin Hotel Management,
L.P.

Lombard Public Facilities Corporation sought Chapter 11 protection
(Bankr. N.D. Ill. Case No. 17-22517) on July 28, 2017, after
reaching deals to restructure $246.6 million in debt.  The petition
was signed by Paul Powers, president.  

The Debtor estimated assets of $10 million to $50 million and debt
of $100 million to $500 million.

The Hon. Jacqueline P. Cox is the case judge.

The Debtor has long retained Klein, Thorpe, & Jenkins, Ltd. ("KTJ")
as its the corporate counsel, and James D. Shanahan, now of the
firm of Taft, Stettinius & Hollander LLP ("TSH"), as its bond and
tax counsel.

EisnerAmper, which was engaged by the Debtor two years prior to the
Petition Date, is the financial advisors in the Chapter 11 case.

The Debtor has tapped Adelman & Gettleman, Ltd., as bankruptcy
counsel, with the engagement led by Brad Berish, Esq., Steven B
Chaiken, Esq., and Henry B. Merens,  Esq.  

Epiq Bankruptcy Solutions, LLC is the noticing, claims, and/or
solicitation agent.



LOMBARD PUBLIC: Key Terms of Consensual Chapter 11 Plan
-------------------------------------------------------
Lombard Public Facilities Corporation is set to file a consensual
Chapter 11 plan of reorganization that provides:

     -- a potential recovery of 77% (plus interest) to the Series A
Bondholders (based on 7/1/17 outstanding balances),

     -- a potential recovery of nearly 87%) (plus interest) to the
Series B Bondholders (based on 7/1/17 outstanding balances),

     -- long-term management agreements for the hotel and
restaurant managers,

     -- a significant set-aside for needed capital improvements,

     -- necessary funding for the Chapter 11 Case, payment of
operating expenses, and

     -- a continuing fully functional and vibrant hotel and
convention center for the western suburban market that will
continue to employ more than 290 full and part-time employees.

The general terms of the Consensual Restructuring as set forth in
the Summary of Plan Term Sheet:

-- SERIES A-1 BONDS

   * Allowed Claims: Total Allowed Claims: $71.30 million
                     Allowed Secured Claim: $54.73 million
                     Allowed Deficiency Claim: $16.57 million

   * Bond Insurer Payment: Payment of $660,000 from Bond Insurer
immediately prior to conversion of Series A-1 Bonds in exchange for
cancellation of the Surety Bond and assignment of the rights under
the applicable Series A-1 Bonds.

   * Restructured Series A-1 Bonds:  Existing Series A-1 Bonds will
be exchanged for:

      (i) $33.1 million of Series A-1 Hard Bonds with an interest
rate of 5.5% and a 39 year term; and

     (ii) $21.63 million of Subordinate Series A-1 CABs with an
interest rate of 5.25%.  The Subordinate Series A-1 CABs consist of
serial bonds maturing on January 1 of each year beginning in 2047
and ending in 2067

     Prepetition first liens will be maintained to secure payment
of the Series A-1 Hard Bonds and the Subordinate Series A-1 CABs.

-- SERIES A-2 BONDS

   * Allowed Claims: Total Allowed Claims: $58.21 million
                     Allowed Secured Claim: $44.48 million
                     Allowed Deficiency Claim: $13.72 million

   * Restructured Series A-2 Bonds:  Existing Series A-2 Bonds will
be exchanged for:

      (i) $26.90 million of Series A-2 Hard Bonds with an interest
rate of 5.0% and a 39 year term; and

     (ii) $17.58 million of Subordinate Series A-2 CABs with an
interest rate of 5.25%.  The Subordinate Series A-1 CABs consist of
serial bonds maturing on January 1 of each year beginning in 2047
and ending in 2067.

     Prepetition first liens will be maintained to secure payment
of the Series A-1 Hard Bonds and the Subordinate Series A-2 CABs.

   * Bond Insurer Commutation Offer: Holders of Series A-2 Bonds
shall have the opportunity to receive, on an opt out basis, the
following, in full satisfaction of the Bond Insurer's obligations
under the Bond Insurance Policy:

      (i) 0.20 times the amount of Series A-2 Bonds held by such
holder plus

     (ii) their pro rata share of the Series A-2 Hard Bonds and the
Subordinate Series A-2 CABs.

     There will be no release of any obligations of the Bond
Insurer under the Bond Insurance Policy with respect to
Non-Commuting Holders.

-- Series B Bonds

   * Claims: Total Allowed Claims: $48.42 million
             Allowed Secured Claim: $41.85 million
             Allowed Deficiency Claim: $6.57 million

   * Restructured Series B Tax Revenue Bonds: Existing Series B
Bonds will be exchanged for:

      (i) $19.40 million of Restructured Series B Tax Revenue Bonds
with an interest rate of 3.75% through 2021 and then 4.0 % to
maturity and a 34 year term; and

     (ii) $22.45 million of Subordinate Series B CABs with an
interest rate of 4.0%.  The Subordinate Series B CABs consist of
serial bonds maturing on Jan. 1 of each year beginning in 2046 and
ending in 2067.  

     Prepetition first liens, subordinate in order of payment to
the Restructured Series A Bonds, will be maintained to secure
repayment of the Restructured Series B Tax Revenue Bonds and the
Subordinate Series B CABs.  In addition, the prepetition pledge of
tax rebates will be maintained, including the pledge of the
Additional Places for Eating Tax.

-- SERIES C BONDS

   * Claims: Estimated outstanding amount of the Series C Bonds is
$71.73 million. The Series C Bonds are subordinate in order of
payment to the Series A and Series B Bonds.

   * Treatment: Cancelled and extinguished on the Effective Date.

-- OTHER CLAIMS

   * Treatment of Other Claims: Claims of unsecured creditors and
all other claims not specifically addressed in the Term Sheet,
including without limitation claims arising in favor of Westin, the
Restaurant Manager, the unsecured deficiency claims of the Series A
and Series B Bonds and the Asset Manager, shall be treated in a
manner reasonably acceptable to the Required Plan Support Parties.


-- VILLAGE AGREEMENTS AND CONTRIBUTIONS

   * Contribution: The Village will pay $3.0 million to the LPFC on
the Effective Date to fund capital expenditures and continue to
contribute the places for eating tax through 2021 to LPFC for
payment of the Restructured Series B Bonds plus the Additional
Places for Eating Tax.

   * TIF District: The Village will create a TIF District and enter
into a TIF Redevelopment Agreement with the LPFC, which provides
for the payment of up to $3.7 million in TIF incremental revenues
to the LPFC on the terms and for the purposes set forth in the Term
Sheet.  

     If the Village does not meet certain requirements relating to
the formation of the TIF District or payment of the TIF Note,
monies are due and owing from the Village to the LPFC as set forth
in the Term Sheet.

   * Tax Rebate Agreement: Tax Rebate Agreement will be amended and
assumed by LPFC.  A portion of the Additional Places for Eating Tax
relating to the Project will be used to fund capital expenditures
and debt service consistent with the Term Sheet.

   * Release: The Village will receive the releases provided under
the Term Sheet from the Plan Support Parties for the claims
described in Section 3 of the Term Sheet.

-- DIP FINANCING

   * DIP Budget & DIP Order:  The Trust Estate Funds will be loaned
by the Trustee to LPFC in accordance with the terms of the DIP
Budget and DIP Order.

   * Plan Treatment: DIP Financing forgiven on the Effective Date
of plan of reorganization in a form acceptable to the Required Plan
Support Parties.

-- MANAGEMENT AGREEMENTS

   * Hotel Management Agreement: Westin will continue to perform
under the Existing HMA during the Chapter 11 Case.  A New HMA will
take effect on the Effective Date and the Existing HMA will be
rejected.   On or about the Effective Date, $6,520,000, less
amounts expended for capital in 2017, will be deposited into the
Hotel Capital Expenditure Reserve Fund.

   * Restaurant Management Agreement: The Restaurant Manager will
continue to perform under the existing Restaurant Management
Agreement during the Chapter 11 Case.  A New RMA will take effect
on the Effective Date and the existing Restaurant Management
Agreement will be rejected.

   * Asset Management Agreement: The existing Asset Management
Agreement was terminated prior to commencement of the Chapter 11
Case.  A new asset manager will be retained and a new asset
management agreement will be put in place on the Effective Date.

              About Lombard Public Facilities Corp.

Lombard Public Facilities Corporation was established in 2003 by
the affluent Lombard Village in Illinois, 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.  

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.  The Hotel is and has been operated
and managed under the Westin brand by Westin Hotel Management,
L.P.

Lombard Public Facilities Corporation sought Chapter 11 protection
(Bankr. N.D. Ill. Case No. 17-22517) on July 28, 2017, after
reaching deals to restructure $246.6 million in debt.  The petition
was signed by Paul Powers, president.  

The Debtor estimated assets of $10 million to $50 million and debt
of $100 million to $500 million.

The Hon. Jacqueline P. Cox is the case judge.

The Debtor has long retained Klein, Thorpe, & Jenkins, Ltd. ("KTJ")
as its corporate counsel, and James D. Shanahan, now of the firm of
Taft, Stettinius & Hollander LLP ("TSH"), as its bond and tax
counsel.

EisnerAmper, which was engaged by the Debtor two years prior to the
Petition Date, is the financial advisors in the Chapter 11 case.

The Debtor has tapped Adelman & Gettleman, Ltd., as bankruptcy
counsel, with the engagement led by Brad Berish, Esq., Steven B
Chaiken, Esq., and Henry B. Merens, Esq.

Epiq Bankruptcy Solutions, LLC is the noticing, claims, and/or
solicitation agent.


LOMBARD PUBLIC: Project Partner Fired, Out of Money Under Plan
--------------------------------------------------------------
Lombard Public Facilities Corporation relates in a court filing
that one known party that has not signed onto its consensual
restructuring and who has expressed opposition to the Chapter 11
case is Mid-America Hotel Partners L.L.C., who developed and
managed the Debtor's 18-story hotel project from its inception.

The Debtor entered into an Asset Management Agreement dated as of
Aug. 1, 2005, with Mid-America Hotel Partners L.L.C.   The Asset
Manager was to provide certain oversight and reporting services for
the Project, focusing primarily on the ongoing performance of the
Hotel and Restaurant.  In fact, the Asset Manager is also the same
entity which was to oversee and be responsible for the construction
of the Project pursuant to the terms of a Master Development
Agreement dated Aug. 1, 2005, between the Debtor and the Asset
Manager.

In October 2013, the Debtor issued a default letter to the Asset
Manager notifying it of its breach of the Asset Management
Agreement for failure to post a Letter of Credit as required
thereunder.  Thereafter, in late 2013, the Debtor and Asset Manager
exchanged letters that, among other things, reserved their
respective rights, but the Asset Management Agreement remained in
place until just recently when it was terminated.

The Asset Management Agreement was terminated recently by the
Debtor for reasons that include, without limitation, the Asset
Manager's breach of a provision requiring the maintenance and
posting of a certain letter of credit.

The Debtor believes that the Asset Manager holds or controls more
than 50% of the C Bonds.  As provided in the Indenture, the C Bonds
are subordinate to both the A Bonds and the B Bonds and cannot be
paid unless and until the A and B Bonds are paid in full. Inasmuch
as the A and B Bonds will not be paid in full, holders of C Bonds
will receive no distribution under the Consensual Restructuring,
which is consistent with the terms of the Indenture.

The Asset Manager asserts that it is owed several million dollars
in unpaid pre-Petition Date management fees under the Asset
Management Agreement.  However, the Debtor believes there may be
grounds to contest the payment of such claims and is in the process
of investigating potential claims that may exist against the Asset
Manager.  In an effort to resolve these differences, the Debtor in
recent months has engaged the Asset Manager in settlement
discussions, which negotiations are ongoing, to try to resolve
these differences, however, no resolution has yet been reached.

              About Lombard Public Facilities Corp.

Lombard Public Facilities Corporation was established in 2003 by
the affluent Lombard Village in Illinois, 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.  

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.  The Hotel is and has been operated
and managed under the Westin brand by Westin Hotel Management,
L.P.

Lombard Public Facilities Corporation sought Chapter 11 protection
(Bankr. N.D. Ill. Case No. 17-22517) on July 28, 2017, after
reaching deals to restructure $246.6 million in debt.  The petition
was signed by Paul Powers, president.  

The Debtor estimated assets of $10 million to $50 million and debt
of $100 million to $500 million.

The Hon. Jacqueline P. Cox is the case judge.

The Debtor has long retained Klein, Thorpe, & Jenkins, Ltd. ("KTJ")
as its corporate  counsel, and James D. Shanahan, now of the firm
of Taft, Stettinius & Hollander LLP ("TSH"), as its bond and tax
counsel.

EisnerAmper, which was engaged by the Debtor two years prior to the
Petition Date, is the financial advisors in the Chapter 11 case.

The Debtor has tapped Adelman & Gettleman, Ltd., as bankruptcy
counsel, with the engagement led by Brad Berish, Esq., Steven B
Chaiken, Esq., and Henry B. Merens,  Esq.  

Epiq Bankruptcy Solutions, LLC is the noticing, claims, and/or
solicitation agent.


LOMBARD PUBLIC: Westin Extends Deal by 20 Years, Gives Concessions
------------------------------------------------------------------
Lombard Public Facilities Corporation, which has sought Chapter 11
bankruptcy protection, has reached agreements for Westin Hotel
Management, L.P. and HC Management Lombard, LLC, to continue
management and operation of its 15-story hotel and two restaurants
in Lombard, Illinois, while also obtaining needed and fair
concessions and a significant contribution for capital
improvements.

The Debtor was formed to, among other things, issue revenue bonds
to finance the cost of acquiring, designing, constructing, and
equipping a conference center, hotel, restaurant and related
improvements, in the Village of Lombard, Illinois.  The project
consists of (a) an 18-story Westin Hotel that includes 500 guest
rooms and suites, approximately 55,500 square feet of meeting
space, a four-story parking garage with approximately 635 parking
spaces and approximately 237 additional ground level parking
spaces, and other facilities commensurate with a full-service,
convention-oriented, upscale hotel including, without limitation,
an indoor pool, fitness center, business center, and sundeck; and
(b) two restaurants, one a 10,000 square foot space Italian
steakhouse and the other a 6,000 square foot upscale seafood
restaurant, plus approximately 8,000 square feet of banquet space.

The Hotel is and has been operated and managed under the Westin
brand by Westin Hotel Management, L.P., a subsidiary of Starwood
Hotels & Resorts Worldwide Inc., pursuant to a Hotel Management
Agreement dated as of August 1, 2005.  The Hotel Management
Agreement has an original term of 15 years.

The two restaurants are and have been managed by HC Management
Lombard, LLC, an Illinois limited liability company, pursuant to a
Restaurant Management Agreement dated as of August 1, 2005. The
Restaurant Management Agreement also has an initial term of 15
years.

The Debtor has no actual employees, and it is the Managers and
their employees that have historically performed all necessary
services to operate the Hotel and the Restaurant, including
management functions, human resource, reservations/booking, event
planning accounting, marketing, risk management, and other support
services under the respective management agreements.

Currently, the Hotel Manager has more than 200 full and part-time
employees, and the Restaurant Manager has over 90 full and
part-time employees.

Paul Powers, director and president of LPFC, relates that the
Debtor and bond insurer ACA Financial Guaranty Corporation
approached the Hotel Manager to secure its support for the Debtor's
Chapter 11 restructuring and to negotiate modified terms of the
Hotel Management Agreement aimed at enhancing the chances that the
Consensual Restructuring would succeed.  These negotiations have
entailed a substantial overhaul of the Hotel Management Agreement;
and reaching an accord on a viable capital program that addresses
needed structural and mechanical repairs and maintains brand
standards.  

Throughout the negotiation of the Consensual Restructuring, the
Hotel Manager, the Debtor, and/or ACA have been engaged in
intensive negotiations to resolve disputes over the capital funding
required under the terms of the Hotel Management Agreement (the
"Capital Funding Disputes").

According to the Hotel Manager, failure to resolve the Capital
Funding Disputes would have resulted in termination of the Hotel
Management Agreement.  The dilemma facing the parties was devising
a capital program which addressed critical needs of the Project
within the rigid funding constraints.

After generating countless iterations of capital funding scenarios,
the Debtor and ACA recently reached an agreement with the Hotel
Manager that calls for the following substantial and beneficial
changes, among others, to the Hotel Management Agreement, upon the
effective date of the Plan:

   (a) convert the management fee to a variable rate, thereby
insuring that the Hotel Manager is now operating under a market
rate performance based platform;

   (b) eliminate approximately $6 million in unpaid subordinate
management fees and "Key" money, and other amounts that would
otherwise be due and owing to the Hotel Manager upon the
termination of the HMA and adoption of the Revised HMA (the "Hotel
Termination Claims");

   (c) subordinate management fees do not commence until the fourth
year after the Effective Date, resulting in a savings of
approximately $1,000,000;

   (d) resolve the Capital Funding Disputes through the
implementation of a property improvement plan over the initial five
years of the Consensual Restructuring which calls for (i)
approximately $13.7 million to be set aside during that time for
such improvements from current operating reserves and future
operating set-asides, the Village contributions, and operating
revenues that would otherwise be available to pay debt service,
plus (ii) an additional $1,000,000 in new Key money to be paid by
the Hotel Manager, and

   (e) extends the current term of the Hotel Management Agreement,
which would expire in five years, by an additional 20 years. Under
the Consensual Restructuring there is projected approximately $25
million that will be set aside for capital improvements over the
initial 10 years.

The Debtor and ACA have engaged in similar negotiations with the
Restaurant Manager to a much lesser degree. Thankfully, the terms
of the existing Restaurant Management Agreement are favorable to
both sides, and the capital concerns are not nearly so acute.

                    Restaurant Deal Also Extended

The current Restaurant Management Agreement required little in the
way of a substantive overhaul, as the fees thereunder are within
market standards, and the only critical deal point was the
extension of the existing term that also expires in five years, for
an additional 20 years to match the Hotel's extension.  The Revised
RMA would replace the existing Restaurant Management Agreement on
the Effective Date.  The extended terms of both Existing Management
Agreements insure continuity and insulate the Debtor from having to
search for and recruit new managers within the next five years,
which change would be extremely costly, not to mention that the
closer it gets to the expiration of the existing term, the more
leverage the Managers could potentially wield in future
negotiations.

                           *     *    *

The Debtor did not include the Hotel Management Agreement and
Restaurant Management Agreement in publicly available court
filings, citing that those documents are confidential.  However,
the Debtor said that its counsel will bring copies to court in
connection with the First Day Motions and/or be prepared to file
same under seal if needed.

              About Lombard Public Facilities Corp.

Lombard Public Facilities Corporation was established in 2003 by
the affluent Lombard Village in Illinois, 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.  

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.  The Hotel is and has been operated
and managed under the Westin brand by Westin Hotel Management,
L.P.

Lombard Public Facilities Corporation sought Chapter 11 protection
(Bankr. N.D. Ill. Case No. 17-22517) on July 28, 2017, after
reaching deals to restructure $246.6 million in debt.  The petition
was signed by Paul Powers, president.  

The Debtor estimated assets of $10 million to $50 million and debt
of $100 million to $500 million.

The Hon. Jacqueline P. Cox is the case judge.

The Debtor has long retained Klein, Thorpe, & Jenkins, Ltd. ("KTJ")
as its corporate counsel, and James D. Shanahan, now of the firm of
Taft, Stettinius & Hollander LLP ("TSH"), as its bond and tax
counsel.

EisnerAmper, which was engaged by the Debtor two years prior to the
Petition Date, is the financial advisors in the Chapter 11 case.

The Debtor has tapped Adelman & Gettleman, Ltd., as bankruptcy
counsel, with the engagement led by Brad Berish, Esq., Steven B
Chaiken, Esq., and Henry B. Merens,  Esq.  

Epiq Bankruptcy Solutions, LLC is the noticing, claims, and/or
solicitation agent.



M/I HOMES: Moody's Rates Proposed $250MM Notes B1; Outlook Stable
-----------------------------------------------------------------
Moody's Investors Service rated M/I Homes, Inc.'s proposed
$250 million notes B1. The company's Corporate Family Rating of B1
remains unchanged and outlook is stable.

The use of proceeds from the $250 million notes are expected to go
toward repaying all outstanding borrowings under the Credit
Facility. The remainder will be used for general corporate
purposes, which may include future acquisitions of land, land
development, home construction, capital expenditures, increasing
working capital, corporate acquisitions, repayment of other
indebtedness, the redemption of the 9.75% Series A Preferred Shares
and other related purposes.

The following ratings were assigned:

Proposed $250 million senior unsecured notes due 2025 assigned B1
(LGD-3)

RATINGS RATIONALE

The B1 Corporate Family Rating reflects M/I Homes' continued upward
momentum in financial performance as it looks to take advantage of
growth in the homebuilding industry. The B1 Corporate Family Rating
also benefits from the company's advantageous position in key
markets around the US and low risk land supply.

At the same time, the B1 Corporate Family Rating considers M/I
Homes its continued negative free cash flow for the next 12 to 18
months as the company continues to invest in land. M/I Homes'
ratings are also constrained by its limited geographic reach. The
company derives its revenue from nine different states and has
operations in the South, Midwest, and Mid-Atlantic. However, M/I
Homes benefits from good positioning in key markets within those
regions. The company has a top ten market share in nine of its 15
divisions and sells in the key states of Florida and Texas.

The stable outlook reflects the expectation that M/I Homes
performance will continue to benefit from a positive homebuilding
environment.

The ratings could be upgraded if M/I Homes increases its revenues
and geographic diversification while maintaining conservative
financial policies.

The rating could be downgraded if the company's liquidity position
deteriorates or if homebuilding debt leverage increases past 55%.

The principal methodology used in this rating was Homebuilding And
Property Development Industry published in April 2015.

Headquartered in Columbus, Ohio and begun in 1976, M/I Homes, Inc.
sells homes under the M/I Homes brand, M/I Homes and Showcase
Collection (exclusive by M/I) and, following its acquisition of a
privately-held homebuilder in the Minneapolis/St. Paul market in
December 2015, it also uses the Hans Hagen brand in the market. The
company has homebuilding operations in Columbus and Cincinnati,
Ohio; Indianapolis, Indiana; Chicago, Illinois; Minneapolis/St.
Paul, Minnesota; Tampa, Sarasota and Orlando, Florida; Austin,
Dallas/Fort Worth, Houston and San Antonio, Texas; Charlotte and
Raleigh, North Carolina; the Virginia and Maryland suburbs of
Washington, D.C. Homebuilding revenues for the trailing twelve
month period ending June 30, 2017 were almost $1.8 billion.


M/I HOMES: S&P Rates New $250MM Notes BB- & Retains B+ CCR
----------------------------------------------------------
S&P Global Ratings assigned its 'BB-' issue-level rating to M/I
Homes' proposed $250 million senior unsecured notes due in 2025.
The '2' recovery rating on all of the company's senior unsecured
notes indicates S&P's expectation for substantial (70%-90%; rounded
estimate: 75%) recovery to debt holders in the event of a default.
At the same time, S&P lowered their issue-level ratings on the
company's convertible senior subordinated notes (which mature in
2017 and 2018) to 'B-' from 'B+', and the recovery ratings to '6'
from '4'. The '6' recovery rating indicates S&P's expectation for
negligible recovery (0%-10%; rounded estimate: 0%) in the event of
default.

Separately, S&P corrected the issue-level rating on M/I's preferred
shares to CCC+, three notches below the 'B+' corporate credit
rating, per its hybrid securities criteria.

S&P's assessment of M/I's business risk profile incorporates their
view of the capital-intensive nature and cyclicality associated
with the U.S. homebuilding industry, mixed market penetration
success, and what S&P views as average profitability. Among rated
peers, S&P views M/I as a midsize builder, the 13th-largest in the
U.S. by home closing volume with 4,813 during the 12 months ended
June 30, 2017. The company builds both attached and detached
style homes focused largely on entry-level and move-up buyers. It
reported 187 active communities as of the same date, spread across
15 major metro areas. Local market share, which S&P views as
meaningful for establishing competitive advantage within the
homebuilding sector, is varied. M/I is a top-five player in most of
its legacy Midwestern markets and Raleigh, N.C., balanced by weaker
(albeit growing) positions for its younger operations in Texas and
Sarasota, Fla. M/I's expansion southward over the years has worked
to mitigate its concentration in the Midwest and diversified to a
more balanced dispersion among its Midwest, Southern, and
Mid-Atlantic segments. The company has shifted to controlling a
larger portion of its land pipeline via options: M/I controlled
roughly 59% of its 26,663 lots via purchase option contracts as of
June 30, 2017. In S&P's view, its lot inventory size is sufficient
to support their future growth expectations, while S&P expects
heavier use of lot option contracts to squeeze its gross margins
but enhance returns.

The stable outlook reflects S&P's expectation for stable growth
while M/I invests in land for future growth and maintains leverage
below 5x. S&P expects the U.S. housing market to continue to
strengthen with the backdrop of broader economic and job growth,
wage growth, and tight housing inventory.

Although S&P considers it unlikely, S&P could lower the ratings in
the next 12 months if M/I's debt leverage reverses course and rises
above 5x, which could occur if there is a slowdown in the U.S.
housing market that materially affects M/I's operating performance.
In such a scenario, S&P would expect average selling prices to
decline and gross margins to contract by 200 basis points (bps) or
more.

S&P may consider a positive rating action if M/I improves its
profitability such that debt to EBITDA remains comfortably below
4x. Such a scenario could occur if M/I increases market share,
improves current gross margins 200 bps, and improves its SG&A
expense ratio.


MAC'S MARKET: Hires Murphy Law as Attorney
------------------------------------------
Mac's Market, Inc., seeks authority from the U.S. Bankruptcy Court
for the District of Montana to employ Murphy Law Offices, PLLC, as
attorney to the Debtor.

Mac's Market requires Murphy Law to:

   a. prepare of a plan and disclosure statement;

   b. negotiate with creditors;

   c. represent the estate in court proceedings;

   d. attend the section 341 meeting; and

   e. consult with the Debtor with respect to the requirements of
      a Chapter 11 case.

Murphy Law will be paid at the hourly rate of $200. The Firm will
be paid a retainer in the amount of $1,000. It will also be
reimbursed for reasonable out-of-pocket expenses incurred.

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

Murphy Law can be reached at:

     Edward A. Murphy, Esq.
     MURPHY LAW OFFICES, PLLC
     127 N. Higgins, Suite 207
     Missoula, MT 59802
     Tel: (406) 728-2671
     Fax: (866) 705-2260
     E-mail: rusty@murphylawoffices.net

                   About Mac's Market, Inc.

Mac's Market, Inc., filed a Chapter 11 bankruptcy petition (Bankr.
D. Mont. Case No. 17-60709) on July 19, 2017, disclosing under $1
million in both assets and liabilities. The Debtor is represented
by Edward A. Murphy, Esq., at Murphy Law Offices, PLLC.



MAKO ONE CORPORATION: Hires Andy Epstein as Counsel
---------------------------------------------------
Mako One Corporation, seeks authority from the U.S. Bankruptcy
Court for the Southern District of California to employ Andy
Epstein, Attorney at Law, as counsel to the Debtor.

Mako One Corporation requires Andy Epstein to:

   a. analyze the Debtor's financial situation, and render
      advice to the Debtor in determining whether to file a
      petition in bankruptcy;

   b. prepare and file any petition, schedules, statement of
      affairs and plan which may be required;

   c. represent the Debtor at the meeting of creditors and
      confirmation hearing, and any adjourned hearings thereof;
      and

   d. represent the Debtor in motion hearings.

Andy Epstein will be paid at the hourly rate of $200. The Firm will
be paid $3,750, and $1,717 filing fee. It will also be reimbursed
for reasonable out-of-pocket expenses incurred.

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

Andy Epstein can be reached at:

     Andy Epstein, Esq.
     ANDY EPSTEIN, ATTORNEY AT LAW
     20211 Spectrum
     Irvine, CA 92618
     Tel: (619) 846-7469

                   About Mako One Corporation

Mako One Corporation, based in Carlsbad, CA, and its affiliates,
filed a Chapter 11 petition (Bankr. S.D. Cal. Lead Case No.
17-03650) on June 20, 2017. The Hon. Louise DeCarl Adler preside
over the case. Andy Epstein, Esq., serves as bankruptcy counsel.

In its petition, the Debtors estimated $10 million to $50 million
in both assets and liabilities. The petition was signed by Bruce
Debolt, CEO.



MARKS FAMILY: Hires Auction Specialists as Auctioneer
-----------------------------------------------------
Marks Family Trucking, LLC, seeks authority from the U.S.
Bankruptcy Court for the Eastern District of Wisconsin to employ
Auction Specialists, as auctioneer to the Debtor.

Marks Family requires Auction Specialists to:

   a. move all of the equipment to be sold to its facility, at
      its expense;

   b. prepare a complete inventory, catalogue and description of
      the machinery and equipment;

   c. prepare all necessary advertising and distribute materials
      so as to effect the most advantageous sales to obtain the
      maximum price for the sale of the assets;

   d. conduct an auction on or about September 15, 2017, at the
      Firm's regular heavy equipment yard in Fond du Lac,
      Wisconsin.

Auction Specialists will be paid 10% commission on the gross
proceeds.

Phil Majerus, owner of Auction Specialists, 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.

Auction Specialists can be reached at:

     Phil Majerus
     AUCTION SPECIALISTS
     191 Church Street
     Lomira, WI 53048
     Tel: (920) 269-7208

                About Marks Family Trucking, LLC

Marks Family Trucking, LLC is engaged in contract truck hauling.
The Company owns a fee simple interest in a property located at
5230 E. Burnett Street, Beaver Dam, Wisconsin -- office, garage and
yard -- from which it operated. It paid $350,000 for the property
five years ago and the current value is thought to be at least this
much.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. Wis. Case No. 17-26876) on July 13, 2017. Rebecca
L. Marks, manager, signed the petition.

The Debtor hired Steinhilber Swanson LLP as counsel.

At the time of the filing, the Debtor disclosed $1.65 million in
assets and $969,984 in liabilities.

Judge Susan V. Kelley presides over the case.



MAZOR'S BAKERY: Disclosures OK'd; Aug. 29 Plan Confirmation Hearing
-------------------------------------------------------------------
The Hon. Elizabeth S. Stong of the U.S. Bankruptcy Court for the
Eastern District of New York has approved Isaac Mazor and Mazor's
Bakery LLC's first amended disclosure statement dated March 3,
2017, referring to the Debtors' first amended Chapter 11 plan.

The confirmation hearing on the Plan will be held on Aug. 29, 2017,
at 10:00 a.m.

No objections have been filed to the Disclosure Statement.

                   About Mazor's Bakery

Mazor's Bakery LLC is a corporation formed under the laws of the
State of New York located at 1785 McDonald Avenue, Brooklyn, NY
11230.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr.
E.D.N.Y. Case No. 15-44176) on Sept. 10, 2015.  Alla Kachan, Esq.,
at the Law Offices Of Alla Kachan, P.C., serves as the Debtor's
bankruptcy counsel.


MILLWORK SHOPPE: Sept. 14 Plan Confirmation Hearing
---------------------------------------------------
The Hon. Arthur B. Federman of the U.S. Bankruptcy Court for the
Western District of Missouri has conditionally approved Integrity
Millwork, Inc.'s disclosure statement referring to the Debtor's
Chapter 11 plan.

A hearing on the final approval of the Disclosure Statement and
confirmation of the Plan will be held on Sept. 14, 2017, at 8:30
a.m.

Sept. 7, 2017, is the deadline for: (i) filing with the Court
objections to the disclosure statement or plan confirmation; and
(ii) submitting to counsel for the plan proponent ballots accepting
or rejecting the plan.

                   About Integrity Millwork

Integrity Millwork, Inc., and The Millwork Shoppe Inc. manufacture
and sell residential and commercial cabinetry, moulding and trim,
and operate their business from a leased space located at 2115 N.
Sports Complex Lane, Nixa, Missouri.

The Debtors sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W. D. Mo. Case Nos. 16-61061 and 16-61064) on Oct. 27,
2016.  

David E. Schroeder, Esq., at David Schroeder Law Office, P.C.,
serves as the Debtors' bankruptcy counsel.

At the time of the filing, Integrity Millwork estimated assets of
less than $100,000 and liabilities of less than $1 million.
Millwork Shoppe estimated assets and liabilities of less than $1
million.

Acting U.S. Trustee Daniel J. Casamatta on Dec. 8, 2016, appointed
Big Blue, Inc., dba America Building Products, Creative Associates
Inc., and Mid-Am Building Supply, Inc., to serve on the official
committee of unsecured creditors of The Millwork Shoppe Inc.


NATIONAL TRUCK: Hires Taylor & Martin as Appraiser
--------------------------------------------------
National Truck Funding, LLC, et al., seek authority from the U.S.
Bankruptcy Court for the Southern District of Mississippi to employ
Taylor & Martin, Inc., as appraiser to the Debtors.

National Truck requires Taylor & Martin to:

   (a) provide a Desktop Appraisal Report of the Debtors'
       vehicles;

   (b) provide in-court expert testimony regarding valuation of
       the Debtors' assets, if required;

   (c) inspect the Debtors' assets and review documents related to

       each asset to provide orderly liquidation value and fair
       market value for each asset;

   (d) provide business and asset valuations and feasibility
       analysis for the Debtors' Plan of Reorganization;

   (e) provide auction services in connection with sales of
       assets pursuant to provisions of the Bankruptcy Code; and

   (f) provide such other appraisal and valuation services as may
       be requested by the Debtors and other professionals
       employed by the Debtors.

Taylor & Martin will be paid as follows:

   (a) a flat fee of $10,000 for production of the Desktop
       Appraisal Report of the vehicles outlined and fully
       described by the Debtors;

   (b) if court testimony is required, the Appraisal Services
       Firm will charge a base fee of $1,000 plus $150 per hour
       for in-house professional fees and $250 per hour for pre-
       court consultation and court testimony; and

   (c) if inspection services are required, the Appraisal
       Services Firm will charge $1,750 per day for weekday
       inspection and $2,000 per day for weekend inspection.

Taylor & Martin will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Michael E. Winterfeld, shareholder of Taylor & Martin, Inc.,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

Taylor & Martin can be reached at:

     Michael E. Winterfeld
     TAYLOR & MARTIN, INC.
     1865 North Airport Road
     Freemont, NE 68025
     Tel: (402) 721-4500

             About National Truck Funding, LLC

Headquartered in Gulfport, Mississippi, National Truck Funding, LLC
-- http://nationaltruckfunding.com-- retails and rents trucks. It
operates as a subsidiary of American Truck Group, LLC --
http://americantruckgroup.com.

National Truck and American Truck sought Chapter 11 protection
(Bankr. S.D. Miss. Case Nos. 17-51243 and 17-51244) on June 25,
2017. The petitions were signed by Louis J. Normand, Jr., manager.

Judge Katharine M. Samson presides over the case.

National Truck estimated its assets and liabilities at $10 million
to $50 million. American Truck estimated its assets and liabilities
at $1 million to $10 million.



NETWORK SERVICES: Hires Dickson Commercial as Real Estate Broker
----------------------------------------------------------------
Network Services Solutions, LLC, seeks authority from the U.S.
Bankruptcy Court for the District of Nevada to employ Dickson
Commercial Group, as real estate broker to the Debtor.

Network Services requires Dickson to list, sale, and lease the
Debtor's real property located at 3700 Barron Way, Reno, Nevada.

In case of the sale of the real property, Dickson will be paid a
commission of 4.5% of the gross sales prices. For Leases or
Sublease, Dickson will be paid a commission of 6% of the total base
rental price.

Chris Shanks, member of Dickson Commercial Group, 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.

Dickson can be reached at:

     Chris Shanks
     DICKSON COMMERCIAL GROUP
     333 Holcomb Ave. Suite 200
     Reno, NV 89502
     Tel: (775) 850-3100

          About Network Services Solutions, LLC

Network Services Solutions is a Reno, Nevada-based reseller of
telecommunications services.

In November 2016, the Federal Communications Commission said it
plans to fine Network Services Solutions and its chief executive,
Scott Madison, $21,691,499 for apparent violations involving the
Universal Service Fund Rural Health Care Program and wire fraud.
The company is charged with violating the program's competitive
bidding rules, using forged and false documents to seek funding
from the program, and violating the federal wire fraud statute. The
alleged violations at issue occurred throughout the country, but
were concentrated in the southeastern United States, according to
the FCC.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Nev. Case No. 17-50309) on March 20, 2017. At the
time of the filing, the Debtor estimated assets of less than
$50,000 and liabilities of $10 million to $50 million. The petition
was signed by Scott Madison, managing member. The case is assigned
to Judge Bruce T. Beesley.

Jeffrey L Hartman, Esq., at Hartman & Hartman, serves as the
Debtor's Chapter 11 counsel. Crosspoint Leasing & Financial
Services, Inc. serves as the Debtor's financial advisor; and
Robison, Belaustegui, Sharp & Low, and Lukas, LaFuria, Gutierrez &
Sachs serves as special counsel.



NEW CAL-NEVA: Convenience Claims to Get Fully Paid in 30 Days
-------------------------------------------------------------
Secured creditor Ladera Development, LLC, filed with the U.S.
Bankruptcy Court for the District of Nevada an amended disclosure
statement dated July 24, 2017, for the amended plan of liquidation
for New Cal-Neva Lodge, LLC, dated July 5, 2017.

Under the Ladera Plan, Class 10 Convenience Claims -- $750 or less
-- are impaired by the Plan.  The holders will be paid in full in
cash 30 days after the Effective Date.

Under the Ladera Plan, Rand Cal-Neva, LLC, will be the stalking
horse purchaser for a sale of substantially all of New Cal-Neva's
assets for a cash purchase price of $32.2 million and a cash
payment of an additional sum of $1.8 million for other payments
provided for by the Ladera Plan.  Rand made a $2 million
non-refundable deposit into escrow on July 3, 2017, subject to the
terms and conditions of the asset purchase agreement, including the
conditions that the deposit will be returned to Rand CN if the
Court does not approve the Sale to Rand CN or the Debtor does not
timely close escrow delivering title to the Purchased Assets free
and clear of liens, claims or interests as provided in the proposed
Asset Purchase Agreement.  Rand CN's members are Warren De Haan,
Jeff Pickett or his designee, and Greg and Susan Kay, or their
designee.

Rand CN's members have provided Ladera with signed letters
committing to fund a total sum of $34 million for Rand CN's payment
of the Purchase Price for Property and the Plan Payment.  Rand CN's
members have further provided Ladera with proof of funds to meet
their commitments in the form of Merrill Lynch account statements
and letters from Bank of the West and First Independent Bank
confirming cash on hand in excess of the amounts required to fund
the proposed purchase.  Rand CN would be willing to increase the
purchase price to $34.2 million if the Lien Litigation had not been
filed and was not pending or if the Lien Litigation has been
resolved in favor of Hall and Ladera before the confirmation
hearing.  The sale will be subject to overbidding by qualified
bidders at the Confirmation Hearing.  On the Effective Date, the
net proceeds from the purchase price from the sale to Rand CN or
the successful overbidder will be used to pay lienholders in order
of priority of their liens, as follows:

     (a) pay Hall's superpriority administrative claim;

     (b) pay Secured Real Property Tax Claims in full on the
         Effective Date;

     (c) establish a Lien Litigation Reserve in the amount of all
         mechanic's lien claims which are the subject of the
         pending lien priority dispute in the Lien Litigation
         pending as consolidated Adversary Proceeding No. 16-
         05036-gwz plus an additional $500,000, with the funds in
         such reserve to be distributed based upon the order of
         lienholder priority determined after resolution of that
         proceeding; and

     (d) pay the remainder of the Sale Proceeds to Hall up to the
         full amount of its Allowed Secured Claim.  

Unless there is overbidding, the Sale Proceeds will not be
sufficient to pay all Allowed Secured Claims in full.  In the event
that the Sale is to a successful overbidder and Hall's Allowed
Secured Claim is fully satisfied, any remaining Sale Proceeds will
be paid to Ladera up to the full amount of its Allowed Secured
Claim.  If there are sufficient Sale Proceeds to pay all secured
claims in full, then all Allowed Secured Claims will be paid on the
Effective Date and the remaining Sale Proceeds will be used to pay
any unpaid administrative, priority and general unsecured claims in
accordance with the Bankruptcy Code Distribution Priorities.

The Plan Payment will be used to pay: (a) unsecured priority tax
claims, (b) priority nontax claims, (c) general administrative
expense claims, (d) allowed professional fees estimated to be not
more than $1 million as of the Effective Date, (e) defaults on the
Allowed Secured Claim of Capital One (estimated at $500,000), and
(f) unsecured convenience claims (claims less than $750) in full in
cash on the Effective Date as well as $50,000 to establish a
Litigation Trust and $25,000 as a reserve for a Plan Administrator
and for post-Effective Date U.S Trustee Fees.  

The Litigation Trustee will be authorized to prosecute all Trust
Causes of Action assigned to the Litigation Trust for the benefit
of General Unsecured Claims, with any residual paid to Cal Neva on
account of its Interest in New Cal-Neva.  Ladera has not conducted
an investigation or analysis of the merits or value of any Trust
Causes of Action.  Therefore, the Litigation Trustee may determine
that there are no Trust Causes of Action that will be prosecuted
and may determine that the Trust Causes of Action have no value.
Cal Neva will retain its equity Interests in New Cal-Neva under the
Plan and will receive any Sale Proceeds after all senior creditors
are paid and, if needed, shall be a subordinated beneficiary of the
Litigation Trust to be established by the Plan.

A copy of the Amended Disclosure Statement is available at:

          http://bankrupt.com/misc/nvb16-51282-737.pdf

As reported by the Troubled Company Reporter on July 17, 2017,
Ladera filed with the Court a disclosure statement dated July 5,
2017, referring to the plan of liquidation for the Debtor.  Class
11 General Unsecured Claims would be paid pro rata, until paid in
full without interest, from 100% of proceeds from litigation trust,
if any, and any sale proceeds, if any, after payment in full of
allowed claims in Classes 1 through 6 and Classes 8 through 10.

                  About New Cal-Neva Lodge

New Cal-Neva Lodge, LLC, based in Saint Helena, California, filed a
Chapter 11 petition (Bankr. N.D. Cal. Case No. 16-10648) on July
28, 2016.  In its petition, New Cal-Neva estimated $50 million to
$100 million in assets and $10 million to $50 million in
liabilities.  The petition was signed by Robert Radovan,
presidentand secretary.

Judge Thomas E. Carlson presides over the case.  Keller &
Benvenutti LLP serves as bankruptcy counsel.

The Office of the U.S. Trustee appointed an official committee of
unsecured creditors on Sept. 13, 2016.  The committee hired
Pachulski Stang Ziehl & Jones LLP, as legal counsel; Province,
Inc., as financial advisor; and Fennemore Craig P.C. as Nevada
counsel.

New Cal-Neva filed a Chapter 11 plan of reorganization for the
company and its parent Cal Neva Lodge, LLC.

On Jan. 6, 2017, Leslie P. Busick and several other creditors
proposed a Chapter 11 plan of reorganization for New Cal-Neva.
The group is represented by the Law Offices of Alan R. Smith.

On March 21, 2017, Ladera Development, LLC, filed a Chapter 11 plan
of reorganization for New Cal-Neva and its parent.


NEW CAL-NEVA: Ladera Opposes Approval of Northlight Plan
--------------------------------------------------------
Ladera Development, LLC, has opposed confirmation of the Chapter 11
plan of liquidation proposed by Northlight Capital Partners, LLC,
and Penta Building Group, Inc., for New Cal-Neva Lodge LLC.

In its omnibus objection filed with the U.S. Bankruptcy Court in
Nevada, the secured creditor said the plan does not include a
"timely filed" disclosure statement.

Ladera also criticized some aspects of the plan including
Northlight's attempt to buy assets without subjecting them to
overbidding and its attempt to use up to $8 million of the sale
proceeds from the secured creditor's collateral to pay junior lien
creditors.

The secured creditor is also opposing Lawrence Investments LLC's
filing of a letter of intent, saying the company is "neither a
creditor nor party-in-interest."

"Aside from the issue of standing, this LOI is neither a plan nor a
disclosure statement and should not be permitted to proceed as
such," said Ladera's attorney Jason Rios, Esq., at Felderstein
Fitzgerald Willoughby & Pascuzzi LLP.

Meanwhile, PENTA Building Group, LLC and a group of lienholders
have objected to Ladera's proposed liquidating plan for New
Cal-Neva filed on July 5.

PENTA said the secured creditor appears to be getting paid on its
claim twice.  

"If Ladera's claim ends up as unsecured, Ladera's receipt of
non-cash compensation appears to violate the absolute priority rule
as it would be getting distributions ahead of the general unsecured
creditors," PENTA said.  "If Ladera's claim is secured, and it gets
the amounts due as set forth, it may be receiving more than its
claim amount."

Meanwhile, the lienholders, which include Lindell's Painting
Service, Briggs Electric, Inc., and Mt. Rose Heating and Air
Conditioning complained that the definition and classification of
their claims is "unclear," which makes Ladera's disclosure
statement inadequate.

PENTA is represented by:

     Dawn M. Cica, Esq.
     Mushkin Cica Coppedge
     4475 S. Pecos Road
     Las Vegas, NV 89121
     Phone: (702) 386-3999
     Fax: (702) 869-2669
     Email: dcica@mccnvlaw.com

          - and -

     Lars Evensen, Esq.
     Joseph G. Went, Esq.
     Holland & Hart LLP
     9555 Hillwood Drive, Second Floor
     Las Vegas, NV 89134
     Phone: (702) 669-4600
     Fax: (702) 475-4199
     Email: lkevensen@hollandhart.com
     Email: jgwent@hollandhart.com

The lienholders are represented by:

     Amy N. Tirre, Esq.
     Law Offices of Amy N. Tirre
     A Professional Corporation
     3715 Lakeside Drive, Suite A
     Reno, NV 89509
     Tel: (775) 828-0909
     Fax: (775) 828-0914
     Email: amy@amytirrelaw.com

          - and -

     John D. Moore, Esq.
     Moore Law Group, PC
     3715 Lakeside Drive, Suite A
     Reno, NV 89509
     Tel: (775) 336-1600
     Fax: (775) 336-1601
     Email: john@moore-lawgroup.com

                    About New Cal-Neva Lodge

New Cal-Neva Lodge, LLC, based in Saint Helena, California, filed a
Chapter 11 petition (Bankr. N.D. Cal. Case No. 16-10648) on July
28, 2016.  In its petition, New Cal-Neva estimated $50 million to
$100 million in assets and $10 million to $50 million in
liabilities.  The petition was signed by Robert Radovan, president
and secretary.

Judge Thomas E. Carlson presides over the case.  Keller &
Benvenutti LLP serves as bankruptcy counsel.

The Office of the U.S. Trustee appointed an official committee of
unsecured creditors on Sept. 13, 2016. The committee hired
Pachulski Stang Ziehl & Jones LLP, as legal counsel; Province,
Inc., as financial advisor; and Fennemore Craig P.C. as Nevada
counsel.

New Cal-Neva filed a Chapter 11 plan of reorganization for the
company and its parent Cal Neva Lodge, LLC.

On Jan. 6, 2017, Leslie P. Busick and several other creditors
proposed a Chapter 11 plan of reorganization for New Cal-Neva.  The
group is represented by the Law Offices of Alan R. Smith.

On March 21, 2017, Ladera Development, LLC, a secured creditor,
filed a Chapter 11 plan of reorganization for New Cal-Neva and its
parent.

Secured creditors Penta Building Group, LLC and Northlight Capital
Partners filed a rival liquidating plan for New Cal-Neva.


NEW CAL-NEVA: Lienholders Object to Penta's Plan Disclosures
------------------------------------------------------------
Statutory lien holders Lindell's Painting Service, Briggs Electric,
Inc., and Mt. Rose Heating and Air Conditioning filed with the U.S.
Bankruptcy Court for the District of Nevada an objection to The
Penta Building Group, LLC's and Northlight Capital Partners, LLC's
joint proposed disclosure statement in support of amended plan of
liquidation for New CalNeva Lodge, LLC, dated July 14, 2017.

The Lien Holders want to point out that specific disclosure related
to the treatment of Subcontractors' Claims under the Amended Plan
of Liquidation is necessary.

Under the "General Summary of the Plan" in the Disclosure
Statement, Northlight "will pay Penta and its subcontractors $2
million and will guaranty an additional $6 million in payments to
Penta and its Subcontractors to transfer all designs, permits and
approvals held by Penta and its subcontractors and to agree to
enter into a new Construction Contract with Northlight."

In Section 3.H.3 of the Disclosure Statement, which is the
Treatment of Claims and Interests, including Class 5, which is
Penta's Secured Claim, Subcontractors' Secured Claims and Other
Mechanic's Lien Claims, it provides for payment of the
Subcontractors' claims from the "Secured Creditor Fund," which is
the $30 million from the "Plan Payment."  It makes no reference to
the Transfer Fee and the Guaranty in the total amount of $8
million, the Lien Holders complain.  The Lien Holders are therefore
unclear if and when they would participate in a distribution of the
$8 million as Subcontractors under the Plan.  Therefore, there is
inadequate disclosure with respect to the timing of the payments of
the Transfer Fee and the Guaranty and the Subcontractors' receipt
of any of these funds.  

A copy of the Objection is available at:

           http://bankrupt.com/misc/nvb16-51282-735.pdf

As reported by the Troubled Company Reporter on July 24, 2017,
secured creditor Penta Building Group, LLC, and Northlight Capital
Partners filed with the Court a joint proposed disclosure statement
in support of an amended plan of liquidation for New Cal-Neva Lodge
dated July 14, 2017.  The proposed liquidation Plan contemplates
the sale of substantially all Debtor's assets, free and clear, to
Northlight and the creation of a Creditors' Trust to liquidate any
remaining assets for distribution to the Debtor's general unsecured
creditors.

The Lien Holders are represented by:

     Amy N. Tirre, Esq.
     LAW OFFICES OF AMY N. TIRRE
     A Professional Corporation
     3715 Lakeside Drive, Suite A
     Reno, NV 89509
     Tel: (775) 828-0909
     Fax: (775) 828-0914
     E-mail: amy@amytirrelaw.com

          -- and --

     John D. Moore, Esq.
     MOORE LAW GROUP, PC
     3715 Lakeside Drive, Suite A
     Reno, NV 89509
     Tel: (775) 336-1600
     Fax: (775) 336-1601
     E-mail: john@moore-lawgroup.com

                  About New Cal-Neva Lodge

New Cal-Neva Lodge, LLC, based in Saint Helena, California, filed a
Chapter 11 petition (Bankr. N.D. Cal. Case No. 16-10648) on July
28, 2016.  In its petition, New Cal-Neva estimated $50 million to
$100 million in assets and $10 million to $50 million in
liabilities.  The petition was signed by Robert Radovan,
presidentand secretary.

Judge Thomas E. Carlson presides over the case.  Keller &
Benvenutti LLP serves as bankruptcy counsel.

The Office of the U.S. Trustee appointed an official committee of
unsecured creditors on Sept. 13, 2016.  The committee hired
Pachulski Stang Ziehl & Jones LLP, as legal counsel; Province,
Inc., as financial advisor; and Fennemore Craig P.C. as Nevada
counsel.

New Cal-Neva filed a Chapter 11 plan of reorganization for the
company and its parent Cal Neva Lodge, LLC.

On Jan. 6, 2017, Leslie P. Busick and several other creditors
proposed a Chapter 11 plan of reorganization for New Cal-Neva.
The group is represented by the Law Offices of Alan R. Smith.

On March 21, 2017, Ladera Development, LLC, filed a Chapter 11 plan
of reorganization for New Cal-Neva and its parent.


NORTHEAST ENERGY: Petro Choice No Longer Member of Committee
------------------------------------------------------------
Petro Choice Inc., a creditor of Northeast Energy Management Inc.,
is no longer a member of the company's official committee of
unsecured creditors, according to a July 26 court filing.

Petro Choice, together with Quail Tools L.P. and Amerisafe
Consulting and Safety Services, was appointed to serve on the
committee by the Office of the U.S. Trustee on March 9.

               About Northeast Energy Management

Northeast Energy Management, Inc. operated as a service company for
the oil and natural gas industry in Southwestern Pennsylvania and
the Appalachian region of West Virginia.  It was founded in 1988 by
William Gregg, Paul Ruddy, Michael Melnick and John Pisarcik, the
principal owners of its sole shareholder, Interstate Gas Marketing,
Inc.

The Debtor filed a Chapter 11 petition (Bankr. W.D. Pa. Case No.
17-70032) on Jan. 16, 2017.  The petition was signed by Paul G.
Ruddy, secretary.  In its petition, the Debtor estimated $1 million
to $10 million in both assets and liabilities.  

Judge Jeffery A. Deller presides over the case.  Michael J. Henny,
Esq., at the Law Office of Michael J. Henny, serves as bankruptcy
counsel.

On March 9, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  Bernstein-Burkley, P.C.
represents the committee as bankruptcy counsel.

On May 30, 2017, the Debtor filed a Chapter 11 plan of
reorganization and disclosure statement.


NOVATION COMPANIES: 2nd Amended Reorg Plan Declared Effective
-------------------------------------------------------------
BankruptcyData.com reported that Novation Companies' Second Amended
Joint Chapter 11 Plan of Reorganization became effective, and the
Company emerged from Chapter 11 protection. The U.S. Bankruptcy
Court confirmed the Plan on June 12, 2017. BankruptcyData's
detailed Plan Summary notes, "The Plan is premised that on the
Effective Date the disputes between the Debtors and the Noteholders
will be fully settled, and the Noteholders will receive: a lump sum
payment in an amount of approximately $5,800,000 so long as the
Effective Date will occur on or before July 31, 2017; the Amended
Senior Notes in principal amounts equal to the existing principal
amounts under the Indentures, which will accrue non-default
interest at LIBOR + 350 basis points, have a maturity date of March
20, 2033, and $500,000 in the aggregate on account of reimbursement
of outstanding fees and expenses of the Noteholders' respective
counsel through the Effective Date, payable to the respective
Noteholders counsel directly." In addition, "The Liquidation
Analysis for Reorganized Novation Companies estimates the Net
Liquidation Proceeds to be between $31.2 million and $39.7 million.
The recovery rate to the Senior Notes is estimated to be between
34.1% and 43.3%."

                   About Novation Companies

Headquartered in Kansas City, Missouri, Novation Companies, Inc.
(otcqb: NOVC) -- http://www.novationcompanies.com/-- is in the    

process of implementing its strategy to acquire operating
businesses or making other investments that generate taxable
earnings.

Prior to 2008, Novation originated, purchased, securitized, sold,
invested in and serviced residential nonconforming mortgage loans
and mortgage securities.  At the height of its business, the
Company originated more than $11 billion annually in mortgage
loans.  After ceasing lending operations and completed a sale of
its servicing portfolio amidst the housing collapse in 2007, the
Company has been engaged in the business of acquiring various
businesses.

Novation Companies and certain of its subsidiaries filed voluntary
petitions for chapter 11 business reorganization in Baltimore,
Maryland (Bankr. D. Md. Lead Case No. 16-19745) on July 20, 2016.

In its petition, NCI disclosed assets of $33 million and
liabilities of $91 million.

The cases are assigned to Judge David E. Rice.

The Debtors hired the law firms of Shapiro Sher Guinot & Sandler,
P.A., and Olshan Wolosky LLP as bankruptcy counsel.  The Debtors
also hired Orrick, Herrington & Sutcliffe LLP as special
litigation counsel; Holland & Knight LLP as Investment Company
Act compliance counsel; and Deloitte Tax LLP as tax service
provider.

On Aug. 1, 2016, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The committee has
hired Hunton & Williams LLP, as counsel; Alvarez & Marsal
Valuation Services, LLC, as valuation expert; and Tactical
Financial Consulting, LLC as expert advisor.


OVERTON & OGBURN: To Continue $13K Monthly Mortgage Payments to JTS
-------------------------------------------------------------------
Overton & Ogburn Associates, Inc., filed with the U.S. Bankruptcy
Court for the District of Maryland an amended disclosure statement
dated July 19, 2017, referring to the Debtor's amended plan of
reorganization dated July 19, 2017.

JTS Capital 2, LLC, assignee of First National Bank of
Pennsylvania, the holder of an allowed Class 4 claim, will be paid
in full from the sale of the parcel of real estate improved by an
office building located in Carroll County, Maryland.  The Debtor
will continue to make monthly mortgage payments in the amount of
$13,914.39 continuing until the Property is sold.  Payment to the
allowed Class 4 claimholder will be made on the closing of the sale
of the Property.  Class 4 is a class of claims impaired under the
Plan.

The holders of allowed Class 5 general unsecured claims will be
paid from the net proceeds, after payment of Class 1, 2, 3 and 4
Creditors, from the sale of the Property.  The Debtor anticipates,
but cannot be certain as of the date of the filing of the Plan,
that Class 5 claims will be paid in full.  Payment to allowed Class
5 claimholders will be made upon there being sufficient funds in
the disbursing account.  No Class 5 claim will be paid until
payment is made in full to Classes 1 through 4.  Payment of Class 5
claims will be subject to a reserve to cover anticipated future
administrative expenses.  Class 5 is a class of claims impaired
under the Plan.

The Plan will be funded from cash on hand plus all net proceeds
from either the sale or refinance of the Property.  The Debtor
anticipates that the net proceeds from the sale of the Property
will be sufficient to pay all creditors in full.  In the event that
the Debtor ultimately refinances the Property, the Debtor
anticipates that it will be able to repay the lender and will then
term out payments to both administrative priority creditors and
general unsecured creditors.

The Debtor has retained a real estate broker to attempt to obtain
an acceptable contract for the sale of the Property.  The Debtor is
currently in the final stages of negotiations with a company that
owns a neighboring property.  While the Debtor is hopeful that
these negotiations will lead to a ratified contact, if the Debtor
has not received an acceptable contract to sell the Property within
12 months of the Effective Date of the Plan, then the Debtor will
sell the Property by public auction within 15 months of the
Effective Date of the Plan.  However, if the Debtor has an executed
non-contingent contract for sale within the 14 months after the
Effective Date of the Plan, the Debtor will have an additional 90
days in which to close the sale.  If the sale is not completed
within the additional 90 days, then the Property will be sold by
public auction after the expiration of the 90 days.  The Debtor
believes that the Property will be sold for approximately $2.5
million, which is somewhat less than the scheduled value of the
property.  This belief is based upon the Debtor's experience in
having actively marketed the Property since the prior to the
Petition Date and upon the advice of the Real Estate Broker who is
knowledgeable of similar transaction in the Carroll County area.

Although the Debtor is reasonably confident that it will be able to
sell the Property within the time frames, the Debtor is also
involved in negotiations with a party that wishes to lease 15,000
square feet of space in the Property.  If consummated, this lease
would provide the Debtor with additional income of $300,000
annually.  Aside from making the Debtor cash flow positive, it
would enable the Debtor to refinance the Property, payoff the
lender, and emerge from Chapter 11 by terming out the
administrative expenses and unsecured debt.  The Debtor believes
that a possible refinance of the lender's debt can occur within the
same time frame as the sale process.

If the current sale negotiations do not generate a ratified
contract, the Debtor intends to both continue to market the
Property for sale and pursue refinancing options.

A copy of the Amended Disclosure Statement is available at:

          http://bankrupt.com/misc/mdb16-14029-79.pdf

As reported by the Troubled Company Reporter on May 23, 2017, the
Debtor filed a Chapter 11 plan of reorganization that proposes to
pay creditors from the proceeds generated from the sale of its real
property in Maryland.  Under that plan, creditors holding allowed
Class 5 general unsecured claims would be paid from the net
proceeds after claims in Classes 1 to 4 are paid.  

               About Overton & Ogburn Associates

Overton & Ogburn Associates, Inc., is a Maryland Corporation formed
in 1976 with its principal office at 4626 Annapolis Road,
Bladensburg, Maryland 20781.  It is owned by John A. Overton.  It
is licensed to handle construction projects in the Commonwealth of
Virginia and also owns a parcel of real property, commonly known as
909 Baltimore Boulevard, Westminster, Carroll County, Maryland
21157, improved by an office building.

Overton & Ogburn Associates filed a Chapter 11 petition (Bankr. D.
Md. Case No. 16-14029) on March 29, 2016.  The petition was signed
by John Overton Jr., president.  The case is assigned to Judge
David E. Rice.  At the time of filing, the Debtor had both assets
and liabilities estimated at $1 million to $10 million.

The Debtor engaged Alan M. Grochal, Esq., at Tydings & Rosenberg,
LLP, as counsel.  The Debtor has retained Lee & Associates
Chesapeake Region, LLC as sales and leasing agent.


PACE DIVERSIFIED: Exit Plan to Pay Unsecured Creditors in Full
--------------------------------------------------------------
Unsecured creditors of Pace Diversified Corporation will be paid in
full under the company's proposed plan to exit Chapter 11
protection.

Under the restructuring plan, creditors holding Class 5 general
unsecured claims will receive cash payments and will be paid 100%
of their allowed claims within one year.

General unsecured creditors will be paid from the proceeds
generated from the sale of equipment, collection of receivables or
refinance within one year of the effective date of the plan.

The company estimated the total amount of allowed general unsecured
claims at $198,960.  Class 5 is impaired.

Pace Diversified intends to continue its operations.  A two-year
budget prepared by the company shows it will be able to generate
more than $529,419 to make payments under the plan and provide
cushion in the event sales are not expected.  

The projections are based upon an oil price of $43.5 per barrel,
according to the company's disclosure statement filed on July 20
with the U.S. Bankruptcy Court for the Eastern District of
California.

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

                About Pace Diversified Corporation

Pace Diversified Corporation was incorporated in 2001 by its owners
Dwayne and Patricia Roach. Pace is engaged in the production and
distribution of oil and gas. The Company was founded in 2000 and is
based in Bakersfield, California.

Pace Diversified filed a Chapter 11 petition (Bankr. E.D. Cal. Case
No. 17-11028) on March 23, 2017. The petition was signed by Dwayne
Roach, President. The case is assigned to Judge Rene Lastreto II.
The Debtor is represented by T. Scott Belden, Esq. at Belden Blaine
Raytis, LLP. At the time of filing, the Debtor had $10 million to
$50 million in estimated assets and $1 million to $10 million in
estimated liabilities.


PERSONAL SUPPORT: Intends to File Plan of Reorganization by Oct. 21
-------------------------------------------------------------------
Personal Support Medical Suppliers, Inc., and its affiliate request
the U.S. Bankruptcy Court for the Eastern District of Pennsylvania
that their exclusive period of time to file a plan of
reorganization be extended for an additional period of 60-days to
October 21, 2017, and their exclusive period to solicit acceptances
or rejections of a plan until December 20, 2017.

The Debtors tell the Court that since the Petition Date, they have
actively been working toward a plan of reorganization that includes
a streamlined business model and financing.

As such, the Debtors believe that extending the exclusive period to
file a plan will further the interests of the Debtors and their
estate by enabling them to continue negotiations with their
creditors to achieve a consensual plan as well as continue to
refine their plan for business operations post-confirmation.

               About Personal Support Medical Suppliers

Personal Support Medical Suppliers, Inc., and Care for You Home
Medical Equipment, LLC, doing business as Community Care Partners,
are both home medical equipment organizations operating in the
greater Philadelphia Region and New York with offices in
Philadelphia and Seneca, Pennsylvania.

The Debtors filed Chapter 11 petitions (Bankr. E.D. Pa. Case Nos.
17-12833 and 17-12836) on April 24, 2017.  David Halooka,
president, signed the petitions. On May 10, 2017, the Court entered
an order granting the joint administration of the Debtors' cases.

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

The Hon. Ashely M. Chan is the case judge.  Albert A. Ciardi, III,
Esq., at Ciardi Ciardi & Astin, P.C., serves as counsel to the
Debtors, and David A Applebaum, Esq. at Friedman, Schuman,
Applebaum & Nemeroff, PC as their special counsel. The Debtors
hired Momentum Advisors Services, LLC, Inc. as their financial
advisor; and Gitomer & Berenholz P.C. as as their accountant.

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


PET CAFE: Business Financial to be Paid $197,566 in Latest Plan
---------------------------------------------------------------
Business Financial Services Inc., a creditor of Pet Cafe Inc., will
receive payment in the sum of $197,566, according to the company's
latest Chapter 11 plan of reorganization.

The original plan filed on June 19 had proposed to pay BFS a total
of $120,000 at the rate of $2,000 per month.

Under the latest plan, Pet Cafe will pay BFS 90% or $197,566 of its
$219,518 claim, without interest, with a monthly payment of 2% of
the company's credit card sales.

Pet Café projects an average monthly payment of $4,500 over the
next six months or approximately 44 months to complete the payment.


There is no guarantee that the total repayment will take 44 months;
it may be a shorter or longer time depending on gross credit card
sales, according to the company's latest disclosure statement filed
on July 20 with the U.S. Bankruptcy Court for the Southern District
of Florida.

A copy of the first amended disclosure statement is available for
free at https://is.gd/kn3GCt

                       About Pet Cafe Inc.

Pet Cafe, Inc. was formed on July 14, 2008.  The Debtor owns and
operates Caffe Martier, an upscale casual restaurant that serves
Mediterranean fusion food.  The cafe opened in its present form in
the spring of 2014 and is located at 411 East Atlantic Avenue,
Delray Beach Florida 33483.

Pet Cafe, Inc. dba Caffe Martier filed a Chapter 11 petition
(Bankr. S.D. Fla. Case No. 16-26067) on Dec. 1, 2016.  The petition
was signed by its Chief Operating Officer, Eli R. Kamholtz.  The
Debtor is represented by Chad Van Horn, Esq., at Van Horn Law
Group, P.A.  At the time of filing, the Debtor estimated assets at
$0 to $50,000 and $500,000 to $1 million in liabilities.

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

On June 19, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.


PMO CARE: May Use HomeStreet Bank's Cash Collateral Until Jan. 31
-----------------------------------------------------------------
The Hon. Christopher M. Alston of the U.S. Bankruptcy Court for the
Western District of Washington has entered a final order
authorizing PMO Care, PLLC, to use cash collateral and pay
prepetition priority payroll, vendors and utilities.

As reported by the Troubled Company Reporter on May 2, 2017, the
Debtor sought court permission to use cash collateral in which
certain parties assert a security interest.  The Debtor said that
it has insufficient funds to operate its business as it holds no
unencumbered funds nor sources of unencumbered funds.  The Debtor
claimed that without use of cash collateral, it will be unable to
pay its ongoing operating expenses, including payroll.

The Debtor owes HomeStreet Bank, Inc., Small Business Association
business loan, in the approximate sum of $890,000, secured by a
first position security interest in the Debtor's assets, including
accounts, equipment, inventory and general intangibles, pursuant to
a Commercial Security Agreement.  The SBA loan required that Jill
Franskousky, as the current sole Member, provide a personal
guarantee.  In order to fund this Mrs. Franskousky obtained a
second mortgage to her primary residence, and marital homestead,
which is located in Florida.

The Debtor's authority to use cash collateral will automatically
expire upon the earlier of (a) Jan. 31, 2018, (b) confirmation of
the plan or (c) the failure by the Debtor to comply with any
provision of the court order.  Upon the Termination Date, the
Debtor's authority to use or spend any further cash collateral will
automatically terminate unless and until the Debtor obtains either
the written consent of HomeStreet Bank or a further order of the
Court, issued after notice and an opportunity for a hearing.

For each of the months during which the court order is in effect,
if the sum of the Debtor's cash, cash collections, and accounts
receivable decreases by more than 5% from the prior month's total
of the assets, HomeStreet will be entitled to seek the termination
of the court order, or additional adequate protection, upon at
least seven days' notice to the following parties (1) counsel to
the Debtor, (2) Martin Shultz or his counsel, (3) U.S. Trustee,
members of the unsecured committee and its counsel, (4) if there is
no Committee then the 20 largest creditors are entitled to receive
notice of the Debtor's motion for authorization to use cash
collateral.

As adequate protection for any cash collateral used by the Debtor,
HomeStreet Bank is granted security interests in and liens against
all property of the estate of the same kind, type and nature as the
prepetition collateral that is acquired after the Petition Date and
all proceeds of the post-petition collateral.  For purposes of the
court order, prepetition collateral means any and all assets
pledged by Debtor to the secured Debtor's obligations to HomeStreet
Bank, including without limitation those assets identified as
collateral in that certain Commercial Security Agreement dated May
16, 2016, and perfected by that certain UCC-1 on file with the
Washington Department of Licensing as Instrument #2015-364-6979-2.


In addition to the Replacement Lien, the Debtor will pay HomeStreet
Bank as adequate protection the amounts reflected in the budget,
which will be applied in accordance with the Debtor's loan
documents.

To the extent the Replacement Lien and the monthly payments prove
to be inadequate as adequate protection for the diminution, as
further partial adequate protection, HomeStreet Bank will hold and
retain all rights pursuant to Section 507(b) of the U.S. Bankruptcy
Code.
A copy of the court order is available at:

           http://bankrupt.com/misc/wawb17-11606-119.pdf

                       About PMO Care, PLLC

Based in Bellevue, Washington, PMO Care PLLC, doing business as
Integra Health -- http://www.integra-hc.com/-- provides treatment

for patients suffering from opioid addiction.  Integra also gives
chemical dependency counseling and education.

PMO Care PLLC filed a Chapter 11 petition (Bankr. W.D. Wash. Case
No. 17-11606) on April 7, 2017.  At the time of filing, the Debtor
estimated assets and liabilities between $1 million and $10
million.  Jill G. Franskousky, the CEO, signed the petition.  Judge
Christopher M Alston is the case judge.  Tuella O Sykes, Esq., at
the Law Offices of Tuella O. Sykes, is serving as counsel to the
Debtor.  The Debtor hired Hall Render Killian Heath & Lyman, P.C.,
as Medicaid attorney.  Peterson Sullivan has been hired to prepare
a valuation analysis of the business.

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


POST EAST: Plan Outline Okayed, Plan Hearing on Sept. 27
--------------------------------------------------------
The U.S. Bankruptcy Court for the District of Connecticut is set to
hold a hearing on September 27 to consider approval of Connect REO,
LLC's proposed Chapter 11 plan for Post East, LLC.

The court on July 20 approved the company's disclosure statement,
allowing it to start soliciting votes from creditors.  

The order set a September 13 deadline for creditors to file their
objections and cast their votes accepting or rejecting the plan.

Under the plan, all Class 2 unsecured claims will be paid in full
(or their pro rata share, if applicable) on the distribution date
from the net proceeds generated from the sale of Post East's
commercial building in Westport, Connecticut; or if not available,
paid a total of $2,000 by Connect REO, according to the secured
creditor's latest disclosure statement filed on July 18.

A copy of the fourth amended disclosure statement is available for
free at https://is.gd/zoKn93

                       About Post East LLC

Post East, LLC, owns real estate at 740-748 Post Road East,
Westport, Connecticut.  The property is a commercial real estate
which presently has seven leased spaces.  The secured creditor is
Connect REO, LLC, which is owed $1,043,000.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. D.
Conn. Case No. 16-50848) on June 27, 2016.  The petition was signed
by Michael F. Calise, member.  The Debtor estimated assets and
liabilities at $1 million to $10 million at the time of the
filing.
  
The Debtor is represented by Carl T. Gulliver, Esq., at Coan
Lewendon Gulliver & Miltenberger LLC.  The Debtor employed Richard
J. Chappo of Chappo LLC as mortgage broker.

On February 2, 2017, Connect REO, LLC, a secured creditor, filed a
disclosure statement, which explains its proposed Chapter 11 plan
for the Debtor.


PREMIER MARINE: Lippert, Weitz Co. Appointed to Committee
---------------------------------------------------------
The U.S. trustee for Region 12 on July 26 appointed two more
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 case of Premier Marine Inc.

The two unsecured creditors are:

     (1) Lippert Components
         Contact Person: Jim Montague
         3501 County Road 6 East
         Elkhart, IN 46514
         Phone: 574-312-6022
         Email: jmontague@lci1.com

     (2) The Weitz Company
         Contact Person: Ryan Lamb
         Address: 420 Watson Powell Jr. Way, Suite 100
         Des Moines, IA 50309
         Phone: 515-698-4282
         Email: ryan.lamb@weitz.com

                   About Premier Marine, Inc.

Premier Marine, Inc., filed a Chapter 11 petition (Bankr. D. Minn.
Case No. 17-32006) on June 19, 2017.  Premier Marine is a family
owned business formed in 1992 by Robert Menne and Eugene Hallberg.

The Menne family controls 72.8% of the company equity.  Hallberg
controls the remaining 27.2% and is Premier's landlord.

For 25 years, Premier Marine has manufactured "Premier" brand
pontoon boats -- http://www.pontoons.com/-- in Wyoming, Minnesota.
Premier Marine designs, builds and markets luxury pontoons and
holds many patents on manufacturing elements such as furniture
hinges, J-Clip rail fasteners and the PTX performance package.  The
family-owned and operated Company sells its pontoons through boat
dealers located throughout the United States and Canada.  Premier
is headquartered in Wyoming, Minn.

The need for reorganization in chapter 11 was precipitated by a
failed acquisition of another pontoon manufacturer in 2011.  The
Chapter 11 was filed in response to an eviction action commenced by
Hallberg for the nonpayment of rent.  The Chapter 11 is necessary
to attract a new equity partner, reject the Hallberg leases,
consolidate manufacturing under a single roof and reorganize the
business for the mutual benefit of the Debtor creditors, employees
and dealer network.

The bankruptcy petition was signed by Lori J. Melbostad,
president.

The Debtor estimated assets and liabilities between $10 million and
$50 million.

The case is assigned to Judge Katherine A. Constantine.

The Debtor's counsel are Michael F. McGrath, Esq., and Will R.
Tansey, Esq., at Ravich Meyer Kirkman McGrath Nauman & Tansey, A
Professional Association.  Guidesource's Richard Gallagher is the
Debtor's financial consultant.

On June 27, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  Fafinski, Mark &
Johnson, P.A. represents the committee as bankruptcy counsel.


PROCERA I: S&P Assigns 'B-' Corp Credit Rating, Outlook Stable
--------------------------------------------------------------
S&P Global Ratings assigned its 'B-' corporate credit rating to
Procera I LP. The outlook is stable.

S&P said, "At the same time, we assigned our 'B+' issue-level
rating to the company's proposed $30 million "first out" revolving
credit facility. The '1' recovery rating indicates our expectation
of very high (90%-100%; rounded estimate: 95%) recovery in the
event of a payment default.

"At the same time, we assigned our 'B-' issue-level rating to the
company's proposed $400 million senior secured term loan B. The '3'
recovery rating indicates our expectation of meaningful (50%-70%;
rounded estimate: 50%) recovery in the event of a payment
default."

The corporate credit rating on Procera I LP reflects high pro forma
leverage in the mid-8x area (excluding management's adjustments for
cost savings) and integration risk associated with capturing
significant cost savings, as well as the company's focus on a niche
networking segment and a mature industry, and the presence of very
large competitors that provide "light-weight" DPI solutions. This
is partly offset by the fact that combined company will be a
leading provider of high-end DPI solutions, with a wide variety of
use cases solved by both Procera and Sandvine, and improving
recurring revenues. S&P said, "Overall, we view this as an
acquisition of a competitor in a small end market, which will
double revenues and could more than triple EBITDA if the company
achieves its planned cost synergies.

"The stable outlook reflects our expectation that the combined
company will generate low-single-digit revenue growth and positive
free cash flow of about $15 million or better annually, while
improving EBITDA margins by lowering operating expenses over the
next 12 to 24 months.

"We would consider an upgrade if Procera successfully integrates
the transformative acquisition of Sandvine, such that leverage
falls to around the mid-6x area and free cash flow to debt is
sustained at or above 5%.

"Although unlikely over the next 12 months, we could lower the
rating if the proposed cost cuts result in customer losses and
revenue declines, such that free cash flow turns negative, and we
no longer view the company's capital structure to be sustainable."



PUERTO RICO: Creditors Committee to Probe Local Banks Over Crisis
-----------------------------------------------------------------
The Official Committee of Unsecured Creditors of the Commonwealth
of Puerto Rico requests authorization to pursue a program of
investigation with respect to certain causes of the Puerto Rico
Financial crisis, and in particular the role of public and private
financial institutions in the structuring, underwriting,
repackaging, and selling of the debt obligations that are now
burdening Puerto Rico, beginning with targeted document requests
to:

   * Santander Securities LLC, Santander Asset Management LLC
("Santander Asset Management"), Banco Santander Puerto Rico
(collectively, the "Santander Entities"),

   * Popular, Inc. ("Popular"), Popular Securities LLC, and Banco
Popular de Puerto Rico (collectively, the "Banco Popular Entities")
and

    * the Government Development Bank for Puerto Rico (the "GDB").


Until 2015, the GDB served as the fiscal agent and financial
advisor to the Commonwealth of Puerto Rico (the "Commonwealth") and
its agencies.  The Discovery Program is not targeted at the current
activities of the GDB and/or its successor, AAFAF.

The Commonwealth and its related entities and instrumentalities
entered into hundreds of bond issuances for tens of billions of
dollars which led to the current financial crisis.  These total in
excess of $73 billion, including billions of dollars of debt held
on the island of Puerto Rico itself. The various governmental
entities issuing this debt did not act alone.  Instead, they were
aided by banks, advisors, and other financial entities which
facilitated, approved of, and marketed this debt.

The Committee said that it is its duty to shed light on at least
some of the causes of the financial crisis, with a goal of
determining whether any valuable causes of action exist and/or
whether the facts uncovered could lead to the disallowance or
subordination of certain claims.

"The people of Puerto Rico, and more importantly the unsecured
creditors in the Title III Cases,  deserve answers about what
happened, and they deserve answers from an independent party with
the power to shine sunlight into the darkest corners of Puerto
Rico's public and private banking institutions. Whatever the root
causes of Puerto Rico's economic difficulties, the borrowing of
more and more money to finance deficit spending and the payment of
debt obligations with new debt offerings (a practice which has been
described as "scooping and tossing") has brought Puerto Rico to the
edge of an economic abyss.  Those borrowings, which relied on
financing structures which have been questioned, were orchestrated
by the GDB (which served as the financial advisor to the
Commonwealth with regard to these borrowings and "participated in
the selection of the [u]nderwriters"5 of Commonwealth bonds) and
facilitated by banks such as Santander and Popular, which pocketed
enormous fees for their multiple roles in the transactions that
have placed Puerto Rico under a huge debt load," the Committee
stated.

In its motion under Bankruptcy Rule 2004(a), the Committee said
that these questions abound:

   -- What role did conflicts of interest (involving the GDB,
Santander, and Banco Popular) play in these debt transactions?

   -- Were certain transactions structured to evade constitutional
debt limits?

   -- What did the GDB and banks such as Santander and Popular know
regarding the risks associated with these transactions, and when
did they know it?

   -- Did banks such as Santander and Popular knowingly or
recklessly misrepresent the risks associated with the Puerto Rico
bonds they were selling to retail and other investors?

   -- Were bonds foisted through improper means on Puerto Rico
institutions such as the "cooperativas"?

   -- Did banks such as Santander and Popular sell Puerto Rico
bonds as a means of unloading risk from their own balance sheets?

"Puerto Rico's restructuring will never be complete if activities
by the island's most important public and private financial
institutions are not thoroughly investigated and exposed to the
light of day.  In the famous words of Louis Brandeis, 'sunlight is
said to be the best of disinfectants,'" the Committee said.

A hearing on the Committee's Motion in District Court is scheduled
for Aug. 9, 2017.

                           *     *     *

Judge Taylor Swain on July 26, 2017, ordered that the Motion  is
referred to Magistrate Judge Judith Dein pursuant to 28 U.S.C. Sec.
636(b).

Proposed Counsel to the Official Committee of Unsecured Creditors:

         PAUL HASTINGS LLP
         Luc. A. Despins, Esq.
         James R. Bliss, Esq.
         James B. Worthington, Esq.
         G. Alexander Bongartz, Esq.
         200 Park Avenue
         New York, New York 10166
         Telephone: (212) 318-6000
         E-mail: lucdespins@paulhastings.com
                 jamesbliss@paulhastings.com
                 jamesworthington@paulhastings.com
                 alexbongartz@paulhastings.com

Proposed Replacement Local Counsel to the Official Committee of
Unsecured Creditors:

         CASILLAS, SANTIAGO & TORRES LLC
         Juan J. Casillas Ayala, Esq.
         Diana M. Batlle-Barasorda, Esq.
         Alberto J. E. Aneses Negron, Esq.
         Ericka C. Montull-Novoa, Esq.
         El Caribe Office Building
         53 Palmeras Street, Ste. 1601
         San Juan, Puerto Rico 00901-2419
         Telephone: (787) 523-3434
         E-mail: jcasillas@cstlawpr.com
                 dbatlle@cstlawpr.com
                 aaneses@cstlawpr.com
                 emontull@cstlawpr.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: Oversight Board Opposes Bid for PREPA Receiver
-----------------------------------------------------------
A motion filed by holders of bonds issued by the Puerto Rico
Electric Power Authority ("PREPA") to seek appointment of a
receiver is being opposed by the Financial Oversight and Management
Board for Puerto Rico and the Puerto Rico Fiscal Agency and
Financial Advisory Authority ("AAFAF").

PREPA has issued $8.3 billion in revenue and revenue refunding
bonds  under a trust agreement by and between PREPA and U.S. bank
National Association, as successor trustee (the "Trustee"), dated
as of Jan. 1, 1974.

Following extensive negotiations, PREPA, bondholders and other
parties executed a restructuring support agreement in late 2015,
and agreed to certain enhancements in April 2017.  Under the RSA,
bondholders agreed to voluntary concessions, including the
voluntary exchange of uninsured Bonds at a discount into
securitization bonds issued by a newly created public corporation
(the "SPV"), and an agreement by insurers to defer approximately
$340 million of principal through forward purchase commitments that
otherwise would be due within six years of the closing date.

On June 28, 2017, the Financial Oversight and Management Board for
Puerto Rico (the "Oversight Board") established under the Puerto
Rico Oversight, Management, and Economic Stability Act of 2016
("PROMESA") formally notified PREPA that it refused to certify the
RSA for implementation under Title VI of PROMESA.  On June 29,
2017, AAFAF and PREPA's board chose to terminate the RSA,
triggering an avoidable payment default and forcing this Title III
proceeding.

Facing an upcoming debt service payment, a pension plan
underfunding of approximately $2.2 billion (see Fiscal Plan at 18),
and the Government's request that PREPA seek a plan of adjustment,
the FOMB decided the best path forward was to file a petition on
behalf of PREPA to adjust its debts through a Title III case under
PROMESA filed on July 2, 2017.

On July 3, 2017, an event of default occurred under the Trust
Agreement when the Authority failed to make its semi-annual payment
on the Bonds in the aggregate amount of $427,949,881.

In mid-July 2017, the ad hoc group of PREPA bondholders, National
Public Finance Guaranty Municipal Corp., Assured Guaranty Corp.,
Assured Guaranty Municipal Corp., and Syncora Guarantee Inc. --
holders and/or insurers of bonds issued by the Puerto Rico Electric
Power Authority representing approximately 65% of the approximately
$8.3 billion in outstanding bond debt -- submitted a combined
motion to lift the automatic stay to commence an action in a court
of competent jurisdiction against PREPA for the appointment of a
receiver to collect the revenues, enforce the Rate Covenant, and
raise electricity rates.

U.S. Bank submitted a joinder to the motion for the appointment of
a receiver.

                             Receiver

With the failure of the RSA, the return of PREPA's politicization,
and rates inadequate to fund PREPA's obligations, the Bondholders
are now seeking the appointment of a receiver.

"A receiver is needed to give undivided focus to the needs of
PREPA, including pursuing revenue enhancements, in order to improve
PREPA's operations and return PREPA to financial stability.  By
contrast, given the conflicts of interest that permeate much of the
decision-making by the Rossello Administration, PREPA's interests
cannot be adequately served or protected if they are subjected to
the whims of the Governor's agenda," the Bondholders said.

According to the Bondholders, the receiver would ensure that the
lien granted to bondholders and insurers as part of their
collateral package produces net revenues in amounts sufficient to
timely pay debt service on the Bonds and have such other powers
provided for under the Authority Act or the Trust Agreement and
that the court appointing the receiver may deem appropriate.

The Bondholders also cited mismanagement at PREPA as basis for the
appointment of a receiver.

"For decades, PREPA has been crippled by politicized mismanagement
and outright corruption.  As a result of such mismanagement, PREPA
has been unable to generate adequate cash flow to service PREPA's
debt obligations on the Bonds as required by the Trust Agreement
and the Authority Act.  Pursuant to the Authority Act and under the
bond documents, Movants are therefore entitled to the appointment
of a receiver," the Bondholders said.

A copy of the Motion is available for free at:

         http://bankrupt.com/misc/PREPA_74_M_Receiver.pdf

                      Oversight Board Objection

The Oversight Board says the motion should be denied.

"Congress makes clear in PROMESA section 301(d)(7) that whenever
Bankruptcy Code provisions incorporated into Title III refer to the
"trustee," the trustee shall mean the FOMB.  Additionally, Congress
did not make Bankruptcy Code section 1104 applicable to Title III.
Rather, it adopted the chapter 9 rule that the Court cannot order
the appointment of a trustee.  Moreover, Bankruptcy Code section
105(b) (incorporated in Title III by PROMESA section 301(a)) bars
this Court from appointing a receiver for PREPA. Thus, the FOMB
steps into the statutory rights of a trustee under the Bankruptcy
Code, and no other trustee or receiver can be appointed," Martin J.
Bienenstock, Esq., at Proskauer Rose LLP, counsel to the Oversight
Board, said.

The Oversight Board claims that mismanagement cannot be cause under
Section 362(d)(1) of the Bankruptcy to terminate the automatic stay
to enable creditors to obtain a receiver.

"Movants' claim of mismanagement is neither factually nor legally
sustainable as "cause" for stay relief.  It is factually
unsustainable because Movants' are focusing on past mismanagement
that PREPA has been correcting for more than a year with new
management and advisors.  It is legally unsustainable for obvious
reasons.  Congress allows the appointment of a chapter 11 trustee
for "gross mismanagement" pursuant to Bankruptcy Code section
1104(a)(1).  Conversely, PROMESA Title III, like Bankruptcy Code
chapter 9, does not allow a federal court to appoint a Title III
trustee to control a governmental instrumentality under any
circumstances, and especially when Congress designated the FOMB to
oversee and be the representative of each Title III debtor.
Therefore, the notion that, due to historical mismanagement for
which Congress put the Oversight Board in charge, the Title III
Court should effectively oust the Oversight Board and turn PREPA
over to a state court receiver rebuts itself," Mr. Bienenstock
argued.

                   Efforts to Transform PREPA

The Puerto Rico Fiscal Agency and Financial Advisory Authority
("AAFAF"), as fiscal agent for PREPA, agrees with and supports all
positions expressed by the FOMB in its Opposition but offers this
separate submission to emphasize the significant progress that
Governor Rossello's administration has made in its efforts to
transform PREPA.

"In just a little more than six months since Governor Rossello took
office, he has made PREPA's restructuring a priority for his
administration.  For example, Govenor Rossello's administration
made certain changes to the PREPA Board of Directors to address the
need to have both independent directors with industry experience
and directors who understand the energy policy of Puerto Rico.  The
PREPA Board hired an Executive Director with substantial industry
experience and created a Project Management Office to oversee and
help effectuate the implementation of critical changes to PREPA's
operations.  PREPA has retained Ankura Consulting as its financial
advisor, and Kevin Lavin, Co-President and Global Head of Ankura's
Turnaround and Restructuring Practice, and the team from Ankura
will be involved substantially to work with PREPA management and
the FOMB to assure best practices and implementation of the Fiscal
Plan.  Further, PREPA has instituted a series of operational,
safety, financial, compliance, and service reforms to improve the
overall system, reforms that are beginning to bear fruit. It is
clear, therefore, that far from "politicizing" PREPA, the new
administration has taken significant steps to de-politicize the
utility and reform all elements of its financial, operation, and
service performance," the AAFAF said.

                     Movants' Attorneys

Counsel to the Ad Hoc Group of PREPA Bondholders:

         TORO, COLON, MULLET, RIVERA & SIFRE, P.S.C.
         Manuel Fernandez-Bared
         Linette Figueroa-Torres
         Nayda Perez-Roman
         P.O. Box 195383
         San Juan, PR 00919-5383
         Tel: (787) 751-8999
         Fax: (787) 763-7760
         E-mail: mfb@tcmrslaw.com
                 lft@tcmrslaw.com
                 nperez@tcmrslaw.com

                - and -

         KRAMER LEVIN NAFTALIS & FRANKEL LLP
         Gregory A. Horowitz
         Amy Caton
         Thomas Moers Mayer
         Gregory A. Horowitz
         Natan Hamerman
         Alice J. Byowitz
         1177 Avenue of the Americas
         New York, New York 10036
         Tel: (212) 715-9100
         Fax: (212) 715-8000
         E-mail: tmayer@kramerlevin.com
                 acaton@kramerlevin.com
                 ghorowitz@kramerlevin.com
                 nhamerman@kramerlevin.com
                 abyowitz@kramerlevin.com

Counsel for Assured Guaranty Corp. and Assured Guaranty Municipal
Corp:

         CASELLAS ALCOVER & BURGOS P.S.C.
         Heriberto Burgos Perez
         Ricardo F. Casellas-Sanchez
         Diana Perez-Seda
         P.O. Box 364924
         San Juan, PR 00936-4924
         Tel: (787) 756-1400
         Fax: (787) 756-1401
         E-mail: hburgos@cabprlaw.com
                 rcasellas@cabprlaw.com
                 dperez@cabprlaw.com

                - and -

         CADWALADER, WICKERSHAM & TAFT LLP
         Howard R. Hawkins, Jr.
         Mark C. Ellenberg
         Nathan Bull
         Ellen Halstead
         Thomas J. Curtin
         Casey J. Servais
         200 Liberty Street
         New York, New York 10281
         Tel: (212) 504-6000
         Fax: (212) 406-6666
         E-mail: howard.hawkins@cwt.com
                 mark.ellenberg@cwt.com
                 nathan.bull@cwt.com
                 ellen.halstead@cwt.com
                 thomas.curtin@cwt.com
                 casey.servais@cwt.com

Counsel for National Public Finance Guarantee Corp.:

         ADSUAR MUNIZ GOYCO SEDA & PEREZOCHOA PSC
         Eric Perez-Ochoa
         Luis A. Oliver-Fraticelli
         208 Ponce de Leon Ave., Suite 1600
         San Juan, PR 00936
         Tel: (787) 756-9000
         Fax: (787) 756-9010
         E-mail: epo@amgprlaw.com
                 loliver@amgprlaw.com

                - and -

         WEIL, GOTSHAL & MANGES LLP
         Marcia Goldstein
         JONATHAN POLKES
         SALVATORE A. ROMANELLO
         GREGORY SILBERT
         767 Fifth Avenue
         New York, New York 10153
         Tel: (212) 310-8000
         Fax: (212) 310-8007
         E-mail: marcia.goldstein@weil.com
                 jonathan.polkes@weil.com
                 salvatore.romanello@weil.com
                 gregory.silbert@weil.com

         Stephen A. Youngman
         200 Crescent Court, Suite 300
         Dallas, Texas 75201-6950
         Tel: (214) 746-7700
         Fax: (214) 746-7777
         E-mail: stephen.youngman@weil.com

Counsel for Syncora Guarantee Inc.:

         GOLDMAN ANTONETTI & CORDOVA, LLC
         Carlos A. Rodriguez-Vidal
         Solymar Castillo-Morales
         P.O. Box 70364
         San Juan, PR 00936-8364
         Tel: (787) 759-4117
         Fax: (787) 767-9177
         E-mail: crodriguez-vidal@gaclaw.com
                 scastillo@gaclaw.com

                - and -

         DEBEVOISE & PLIMPTON LLP
         My Chi To
         Craig A. Bruens
         Elie J. Worenklein
         919 Third Avenue
         New York, New York 10022
         Tel: (212) 909-6000
         Fax: (212) 909-6836
         E-mail: mcto@debevoise.com
                 cabruens@debevoise.com
                 eworenklein@debevoise.com

Attorneys for U.S. Bank national association, in its capacity as
Trustee:

          Rivera, Tulla And Ferrer, LLC
          E-mail: etulla@ riveratulla.com
          Eric A. Tulla
          Iris J. Cabrera-Gomez
          E-mail: icabrera@riveratulla.com
          Rivera Tulla & Ferrer Building
          50 Quisqueya Street
          San Juan, PR 00917-1212
          Tel: (787)753-0438
          Fax: (787)767-5784 (787)766-0409

                - and -

          MASLON LLP
          Clark T. Whitmore
          William Z. Pentelovitch
          John T. Duffey
          Jason M. Reed
          90 South Seventh Street, Suite 3300
          Minneapolis, MN 55402
          Telephone: 612-672-8200
          Facsimile: 612-672-8397
          E-mail: clark.whitmore@maslon.com
                  bill.pentelovitch@maslon.com
                  john.duffy@maslon.com
                  jason.reed@maslon.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: San Juan Sues Oversight Board Over GDB Deal
--------------------------------------------------------
The Autonomous Municipality of San Juan commenced a lawsuit against
the Financial Oversight and Management Board for Puerto Rico, the
Government Development Bank of Puerto Rico, and the Puerto Rico
Fiscal Agency and Financial Advisory Authority (D.P.R.), seeking a
declaratory judgment that the Restructuring Support Agreement
("RSA") to restructure the debts of the Government Development Bank
of Puerto Rico ("GDB") under Title VI of PROMESA is, among others,
invalid.

San Juan is the capital and most populous municipality in Puerto
Rico.  As of July 1, 2016, the City had an estimated population of
347,052 inhabitants and a daily number of visitors which brings its
population to approximately 1 million per day.  The City is home to
over 10,000 businesses and provides employment for over 195,000
individuals who reside in Puerto Rico.

Created in 1942, GDB is a public corporation and instrumentality of
the Commonwealth of Puerto Rico.  The GDB holds a substantial sum
of monies belonging to the people of San Juan in the form of
general deposits, as well as special deposits held in trust at the
GDB pursuant to the Puerto Rico Municipal Financial Act of 1996.

The GDB is the trustee of a trust account established by the
Municipal Revenue Collection Center (the "CRIM") known as the
Municipal Public Debt Redemption Fund (the "Fondo"), which has an
account for each municipality in which CRIM deposits the entire
amount of the Additional Special Contribution ("CAE") tax imposed
by each municipality, which is needed to service the
municipalities' general obligation bonds or notes.  In the event
that the amount of CAE in the Fondo in a given year exceeds the
debt service due that year, Puerto Rican Law and the trust
agreement between the CRIM and GDB require that GDB return any over
deposited CAE ("Excess CAE") to the municipality.

San Juan says that a substantial amount of deposits belonging to
San Juan have been trapped at the GDB for well over a year
consisting of: municipal deposits related to, among other things,
the portion of the sales tax corresponding to the municipalities
(the "IVU," as it is referred to in Spanish), funds for the
betterment of schools and other similar amounts as well as Excess
CAE funds that belong to the City under the Trust Agreement.  The
GDB has admitted that it is holding approximately $152 million that
belongs to San Juan.

On July 14, 2017, the Financial Oversight and Management Board for
Puerto Rico ("Oversight Board") conditionally certified a
Restructuring Support Agreement ("RSA") to restructure the debts of
the Government Development Bank of Puerto Rico ("GDB") under Title
VI of the Puerto Rico Oversight, Management, and Economic Stability
Act, 48 U.S.C. Sec. 2101-2241 ("PROMESA").

Title VI of PROMESA established a framework for restructuring "Bond
Claims" with less than the unanimous support of the affected
bondholders, and with significantly less court involvement and
protection for affected parties than in a full-blown Title III
case.  Title VI is not an all-purpose restructuring tool like Title
III.  Instead, as set forth in Sections 104(i)(1) and 601 (48
U.S.C. Sec. 2124(i)(1), 2231) of PROMESA, Title VI is a targeted
mechanism pursuant to which only "Bond Claims" may be
restructured.

San Juan points out that the RSA provides:

     * Property tax revenues held in a trust pursuant to a trust
agreement at GDB for the benefit of San Juan and other
municipalities will be appropriated and used to pay creditors,
including public bondholders.

     * San Juan and other municipalities who maintain deposits
established pursuant to statutes of Puerto Rico at the GDB will be
barred from setting off the amount of their deposits in the GDB
against the amount of their debts to the GDB.

The City of San Juan said it was excluded by the GDB and the Puerto
Rico Fiscal Agency and Financial Advisory Authority ("AAFAF") from
negotiations that led to the RSA.

In addition, the GDB and AAFAF have grouped San Juan and other
municipal depositors together with all of the GDB's other creditors
in one single voting pool.  According to San Juan, this is improper
because, among other reasons, the claims of San Juan and other
municipalities are secured (at least in part) by, for example,
their setoff rights.

After the GDB RSA was announced, the market price of GDB bonds
jumped from a range of 21 to 23 cents on the dollar to a range of
30 to 35 cents on the dollar.  San Juan claims that by improperly
classifying all of its bondholders and municipal depositors
together in one voting pool as "creditors," the GDB could
conceivably obtain the required approval of such pool, even if
almost none of the adversely affected municipalities voted in favor
of the RSA.

Accordingly, San Juan now brings this action seeking (1) a
declaratory judgment that the RSA is invalid for violating PROMESA
because (a) it fails to provide a separate voting pool for
municipal depositors with setoff rights, (b) it purports to provide
for a "settlement" of funds held in trust that are San Juan's
property and are not subject to restructuring under Title VI, and
(c) it violates PROMESA's transparency requirements; (2) a
declaratory judgment that PROMESA preempts Puerto Rican laws and
executive orders that purport to stop withdrawals of municipal
deposits from the GDB; and (3) a permanent injunction enjoining the
GDB and AAFAF from submitting to the Oversight Board, or the
Oversight Board from certifying, any RSA which confiscates San
Juan's trust funds and that does not provide a separate voting pool
for municipal depositors.

A copy of the Complaint is available for free at:

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

The City of San Juan's attorneys:

         CHARLIE HERNANDEZ LAW OFFICES
         Charlie M. Hernandez
         206 Tetuan St., Suite 701
         Old San Juan, P.R. 00901-1839
         Tel: 787.382.8360
         Fax: 787.382.8360
         E-mail: charliehernandezlaw@gmail.com

                  - and -

         MARIANI FRANCO LAW, P.S.C.
         Raul S. Mariani Franco
         P.O. Box 9022864
         San Juan, P.R. 00902-2864
         Tel: 787.620.0038
         Fax: 787.620.0039
         E-mail: marianifrancolaw@gmail.com

                  - and -

         NORTON ROSE FULBRIGHT US LLP
         Lawrence A. Larose
         Marcelo M. Blackburn
         Eric Daucher
         1301 Avenue of the Americas
         New York, New York 10019-6022
         Tel: 212.318.3000
         Fax: 212.408.5100
         E-mail: lawrence.larose@nortonrosefulbright.com
                 marcelo.blackburn@nortonrosefulbright.com
                 eric.daucher@nortonrosefulbright.com

                  - and -

         WINSTON & STRAWN LLP
         Julissa Reynoso
         Aldo A. Badini
         Michael A. Fernandez
         E-mail: jreynoso@winston.com
                 abadini@winston.com
                 mafernandez@winston.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.


RETAIL DESIGNS: Hires Dal Lago Law as Counsel
---------------------------------------------
Retail Designs, LLC, et al., seek authority from the U.S.
Bankruptcy Court for the Middle District of Florida to employ Dal
Lago Law, as counsel to the Debtors.

Retail Designs requires Dal Lago Law to:

   a. provide the Debtor with legal advice and counsel with
      respect to its rights, duties, and powers in the Bankruptcy
      Case, and compliance with the Bankruptcy Code, Bankruptcy
      Rules, the Local Rules of this Court, and all Orders that
      are issued by the Bankruptcy Court;

   b. negotiate with the Debtor's secured lender to obtain use of
      cash collateral;

   c. prepare, on behalf of the Debtor, all necessary pleadings,
      motions, applications, reports, and other legal papers as
      may be necessary in furtherance of the Debtor's interests
      and objectives in the Bankruptcy Case;

   d. prosecute and defend any causes of action on behalf of the
      Debtor where special counsel is deemed unnecessary;

   e. assist in the formulation of a plan of reorganization, and
      accompanying disclosure statement, and advise the Debtor
      with regard to same;

   f. assist the Debtor in considering and requesting the
      appointment of a trustee or examiner, should such action
      become necessary;

   g. consult with the Office of the U.S. Trustee concerning the
      administration of the Debtor's estate;

   h. represent the Debtor in hearings and other judicial
      proceedings; and

   i. perform such other legal services as may be required, and
      as are deemed to be in the best interest of the Debtor, in
      accordance with the powers and duties accorded to the
      Debtor under the Bankruptcy Code.

Dal Lago Law will be paid based upon its normal and usual hourly
billing rates. The firm will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Michael R. Dal Lago, member of Dal Lago Law, assured the Court that
the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtors and their estates.

Dal Lago Law can be reached at:

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

                   About Retail Designs, LLC

Retail Designs, LLC, operates the Super 8 Motel located at 9020
Fayette Landings Shopping Center, in Oak Hill, West Virginia.
Retail Designs filed a Chapter 11 bankruptcy petition (Bankr. M.D.
Fla. Case No. 17-02044) on March 13, 2017. At the time of filing,
the Debtor had estimated both assets and liabilities to be less
than $50,000.

Center Designs, LLC, filed a Chapter 11 petition (Bankr. M.D. Fla.
Case No. 17-02045) on March 13, 2017. At the time of filing, the
Debtor had both assets and liabilities estimated to be less than
$50,000.

Covington Place Associates, LLC, dba Covington Place Shopping
Center, in Bonita Springs, Florida, filed a Chapter 11 bankruptcy
petition (Bankr. M.D. Fla. Case No. 17-02859) on April 3, 2017. The
Debtor says it is a single asset real estate (as defined in 11
U.S.C. Section 101(51B)) with its principal assets located at 4060
Covington Highway Decatur, GA 30032. It estimated $1 million to $10
million in both assets and liabilities in its Chapter 11 petition.

Interstate Properties, LLC, which owns a real property located in
Houston County, Dothan, AL 36303, filed a Chapter 11 bankruptcy
petition (Bankr. M.D. Fla. Case No. 17-04172) on May 14, 2017. It
estimated $1 million to $10 million in assets and $50 million to
$100 million in liabilities.

The cases are jointly administered under Case No.
9:17-bk-02044-FMD.

The petitions were signed by William A. Abruzzino, managing member.
The Debtors are represented by Michael R. Dal Lago, Esq. at Dal
Lago Law.



RIVER NORTH: Gets Approval of Plan to Exit Bankruptcy
-----------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Illinois on
July 20 confirmed the plan proposed by River North 414 LLC to exit
Chapter 11 protection.

The court gave the thumbs-up to the restructuring plan after
finding that it satisfied the requirements for confirmation under
the Bankruptcy Code.

In the same filing, the court also gave approval to the disclosure
statement, which explains the plan.  

A copy of the order is available for free at https://is.gd/Gv7ziY

                      About River North 414

River North 414 LLC and Premium Themes, Inc., based in Chicago,
Illinois, sought Chapter 11 protection (Bankr. N.D Ill. Case Nos.
16-17324 and 16-17325) on May 24, 2016.  The petitions were signed
by Jesse T. Boyle, authorized officer.  The Debtors estimated
$100,000 to $500,000 in assets and $1 million to $10 million in
liabilities at the time of the filing.

The cases are assigned to Judge Janet S. Baer.  The Debtors are
represented by Thomas R. Fawkes, Esq., at Goldstein & McClintock.


SAUCIER BROS: Plan Outline Okayed, Plan Hearing on Sept. 7
----------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Mississippi
is set to hold a hearing on September 7 to consider approval of the
Chapter 11 plan of reorganization for Saucier Bros. Roofing, Inc.

The hearing will be held at 1:30 p.m., at the Bankruptcy Courtroom,
Seventh Floor, Dan M. Russell, Jr. U. S. Courthouse, 2012 15th
Street, Gulfport, Mississippi.

Testimony will be taken and witnesses are required to attend the
hearing.

The court had earlier approved the company's disclosure statement,
allowing it to start soliciting votes from creditors.  

The July 20 order set an August 22 deadline for creditors to file
their objections and cast their votes accepting or rejecting the
plan.

                  About Saucier Bros. Roofing

Saucier Bros. Roofing, Inc. filed a Chapter 11 petition (Bankr.
S.D. Miss. Case No. 16-50775) on May 5, 2016.  The petition was
signed by Clement B. Saucier, III, president.  The Debtor estimated
assets at $0 to $50,000 and debt at $1 million to $10 million at
the time of the filing.  Judge Katharine M. Samson presides over
the case.  The Debtor is represented by Patrick A. Sheehan, Esq.,
at Sheehan Law Firm.


SPANISH BROADCASTING: Regains Compliance with OTC Listing Rule
--------------------------------------------------------------
Spanish Broadcasting System, Inc., received on July 20, 2017,
received notification from the OTC Markets that it had regained
compliance with the minimum market capitalization standard of $5
million for a minimum of 10 consecutive trading days as set forth
by OTCQX Rules for U.S. Companies.  Accordingly, the Company has
regained compliance with the Rule and will continue to be listed on
the OTCQX.

On April 3, 2017, Spanish Broadcasting received a written notice
from OTC Markets advising the Company that its market
capitalization had stayed below $5 million for more than 30
consecutive calendar days and that it no longer met the Standards
for Continued Qualification for the OTCQX Best Market (U.S. Tier)
as per the OTCQX Rules for U.S. Companies.  OTC further notified
the Company that a cure period of 180 calendar days to regain
compliance had begun, during which the minimum criteria must be met
for 10 consecutive trading days.  The 180-calendar day grace period
was set to expire on Sept. 30, 2017.  If the Company's market
capitalization had not been at or above $5 million for 10
consecutive trading days by that time, then its Class A common
stock would be moved from OTCQX U.S. to OTC Pink.

                    About Spanish Broadcasting

Spanish Broadcasting System, Inc. (OTCMKTS:SBSAA) --
http://www.spanishbroadcasting.com/-- is one of the largest owners
and operators of radio stations in the United States.  SBS owns and
operates 17 radio stations located in the top U.S. Hispanic markets
of New York, Los Angeles, Miami, Chicago, San Francisco and Puerto
Rico, airing the Spanish Tropical, Regional Mexican, Spanish Adult
Contemporary, Top 40 and Latin Rhythmic format genres.  SBS also
operates AIRE Radio Networks, a national radio platform which
creates, distributes and markets leading Spanish-language radio
programming to over 250 affiliated stations reaching 93% of the
U.S. Hispanic audience.  SBS also owns MegaTV, a television
operation with over-the-air, cable and satellite distribution and
affiliates throughout the U.S. and Puerto Rico.  SBS also produces
live concerts and events and owns multiple bilingual websites,
including http://www.LaMusica.com/, an online destination and
mobile app providing content related to Latin music, entertainment,
news and culture.

Spanish Broadcasting reported a net loss of $16.34 million for the
year ended Dec. 31, 2016, compared with a net loss of $26.95
million for the year ended Dec. 31, 2015.  

As of March 31, 2017, Spanish Broadcasting had $451.1 million in
total assets, $576.0 million in total liabilities and a total
stockholders' deficit of $124.9 million.

Crowe Horwath LLP, in Fort Lauderdale, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, stating that the 12.5% Senior Secured
Notes had a maturity date of April 15, 2017.  Cash from operations
or the sale of assets was not sufficient to repay the notes and
other short term obligations when they became due, which resulted
in significant liquidity requirements on the Company that raise
substantial doubt about its ability to continue as a going
concern.

                          *     *     *

As reported by the TCR on May 25, 2017, S&P Global Ratings withdrew
its 'D' corporate credit rating and issue-level ratings on
U.S.-based Spanish-language broadcaster Spanish Broadcasting
System.  "We withdrew the ratings because we were unlikely to raise
them from 'D', based on SBS' ongoing plans to restructure its
debt," said S&P Global Ratings' credit analyst Scott Zari.  S&P had
downgraded SBS to 'D' on April 21, 2017, following the company's
announcement that it didn't repay its $275 million 12.5% senior
secured notes that were due April 15, 2017.

In April 2017, Moody's Investors Service downgraded SBS's corporate
family rating to 'Ca' from 'Caa2'.  SBS's 'Ca' corporate family
rating reflects an elevated expected loss rate following the
recently announced default under the company's 12.5% senior secured
notes due April 2017.


STEALTH SOFTWARE: Unsecureds to Recoup 3% Under Plan
----------------------------------------------------
Stealth Software, LLC, filed with the U.S. Bankruptcy Court for the
District of Arizona a disclosure statement dated July 24, 2017,
referring to the Debtor's plan of reorganization dated July 24,
2017.

Non-priority unsecured creditors are classified in Class 5 and 6,
and will receive a distribution of 3% of their allowed claims, to
be distributed over the course of 48 monthly payments starting 30
days after the effective date of the Plan.

Payments and distributions under the Plan will be funded from a
combination of cash on hand, and ongoing cash flow over the life of
the Plan.

A copy of the Disclosure Statement is available at:

            http://bankrupt.com/misc/azb16-12787-73.pdf

                      About Stealth Software

Stealth Software, LLC, based in Scottsdale, AZ, filed a Chapter 11
petition (Bankr. D. Ariz. Case No. 16-12787) on Nov. 7, 2016.  The
Hon. Eddward P. Ballinger Jr. presides over the case.  Joseph
Cotterman, Esq., at Jennings, Strouss and Salmon, P.L.C., serves as
the Debtor's legal counsel.

In its petition, the Debtor estimated $575,724 in assets and $1.40
million in liabilities.  The petition was signed by Gerard Warrens,
chief executive officer.

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


STEWART DUDLEY: Magnify's Sale Closing of Condo Unit Partly Granted
-------------------------------------------------------------------
Judge Tamara O. Mitchell of the U.S. Bankruptcy Court for the
Northern District of Alabama authorized in part and denied in part
the motion of Magnify Industries, LLC, creditor of Stewart Ray
Dudley, to close its sale of condominium unit 2125 in Emerald Beach
Resort, located at 14701 Front Beach Rd., Panama City, Bay County,
Florida, Property Tax ID #4000-300-223, to Michael R. and Carlee G.
Weeks for $255,000.

The Court held evidentiary hearings on the Motion on June 8, 2017;
June 13, 2017; and June 26, 2017.

Magnify is authorized to close its portion of the sale of the Unit
as soon as practicable.

The net proceeds from the sale of the Unit, after the deduction of
the expenses outlined on the Closing Disclosure should be
immediately delivered to the escrow account of Engel, Hairston &
Johanson P.C., to be held pursuant to the provisions of the TRO
Order.

Nothing contained in the Order will modify the TRO Order which is
still in full force and effect.

                  About Stewart Ray Dudley

Stewart Ray Dudley filed a Chapter 11 petition (Bankr. N.D. Ala.
Case No. 16-01842) on May 5, 2016, and is represented by R. Scott
Williams, Esq. from Rumberger, Kirk & Caldwell, P.C.

In January 2017, Buffalo Rock Company and James C. Lee, III,
creditors of Stewart Ray Dudley, filed a motion for order
directing
the appointment of Peter W. Colmer as Chapter 11 Trustee for the
Debtor's bankruptcy estate.  They claimed that continuously acting
against the best interest of his estate, the Debtor caused
numerous
assets to be transferred to Magnify Industries, LLC, including an
automobile collection previously valued at over $5,500,000; 100%
of
his interest of an updated warehouse and event space commonly
referred to as Old Car Heaven previously valued at over
$1,534,000;
and 17 beach front condominiums.

Buffalo Rock is represented by Burr & Forman LLP.  James C. Lee,
III, is represented by Bradley Arant Boult Cummings LLP.


STOLLINGS TRUCKING: Proposes to Liquidate Assets to Pay Creditors
-----------------------------------------------------------------
Stollings Trucking Company, Inc., has filed with the U.S.
Bankruptcy Court for the Southern District of West Virginia a
Chapter 11 plan that is based upon the liquidation of its assets.

Under the plan, unsecured creditors can only be paid if there are
sufficient monies left over after payment of tax liens, priority
claims, secured claims and administrative expenses.  

Distributions to unsecured creditors, which assert $3,869,427 in
claims, will be accomplished through a liquidating trust.

On the effective date of the plan, certain assets of the company
will be transferred to the liquidating trust.  The official
overseeing the trustee will be authorized to pursue any causes of
action of Stollings Trucking; finish all litigation involving the
company; and make all distributions under the plan, according to
the company's disclosure statement filed on July 20.

A copy of the disclosure statement is available for free at
https://is.gd/TZh6gW

Stollings Trucking is represented by:

     Joseph W. Caldwell, Esq.
     Caldwell & Riffee
     P.O. Box 4427
     Charleston, WV 25364
     Phone: (304) 925-2100
     Email: joecaldwell@frontier.com

             About Stollings Trucking Company Inc.

Stollings Trucking Company, Inc. began its operations in 1990.
Throughout the years, the Debtor both hauled coal and mined coal
for its own profit.  As it grew, it acquired more equipment and
rolling stock.  The Debtor also obtained mining permits on property
in Logan County, West Virginia, and was a party to coal leases.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. W.Va. Case No. 15-20624) on December 7, 2015.
Rhonda Marcum, 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 Frank W. Volk presides over the case.


SUCCESS INC: May Use AS Peleus' Cash Collateral Through Oct. 30
---------------------------------------------------------------
Judge Ann M. Nevins of the U.S. Bankruptcy Court for the District
of Connecticut has entered a seventh interim order authorizing
Success, Inc., to use cash collateral of AS Peleus LLC from July 1,
2017, through Oct. 30, 2017.

A further hearing on the Debtor's request has been scheduled for
Oct. 25, 2017, at 10:00 a.m.

As of the Petition Date, the Secured Creditor has a first priority
secured claim against certain real property owned by the Debtor and
located at 520 Success Avenue, Stratford, Connecticut, and which
property is located in both the Town of Stratford and the City of
Bridgeport, including the rents arising therefrom.  The Secured
Creditor has liens and security interests granted to it which were
duly perfected and are senior in time to all other liens and
security interests in the collateral.

In exchange for the use of cash collateral by the Debtor, and as
adequate protection for the Secured Creditor's interests, (i) the
Secured Creditor is granted replacement and substitute liens as
provided in the U.S. Bankruptcy Code Section 361(2) in
post-petition cash collateral, and the replacement liens will have
the same validity, extent, and priority that the Secured Creditor
possessed as to the liens on the Petition Date; (ii) on or before
July 5, 2017, Aug. 3, 2017, Sept. 4, 2017, and Oct. 4, 2017, the
Debtor will pay to the Secured Creditor adequate protection
payments of $4,000; (iii) on or before July 5, 2017, Aug. 3, 2017,
Sept. 4, 2017, and Oct. 4, 2017, the Debtor will pay to the Secured
Creditor the sum of $1,600 (to be held in escrow pending further
court order) for postpetition real estate tax installment payments;
and (iv) on or before July 5, 2017, Aug. 3, 2017, Sept. 4, 2017,
and Oct. 4, 2017, the Debtor will pay to the holders of real estate
tax liens on the Debtor's property the amounts identified in the
budget for interest accruing on their tax liens.

By July 31, 2017, the Secured Lender is authorized and directed to
pay, out of the existing escrow funds, the Town of Stratford the
sum of $6,727.55 and the City of Bridgeport the sum of $2,269.95,
and the Town of Stratford and City of Bridgeport will apply those
funds towards the first installment payments due for 2016
respectively.  To the extent there are insufficient funds currently
held in escrow to pay the amounts, the Debtor will be required to
timely pay the amounts necessary to fully pay the 2016 first
installment payments to Stratford and Bridgeport.  Secured Lender
will continue to hold any remaining amount out of the Escrow Funds,
along with the additional escrow payments required by the court
order, pending further court order.

A copy of the Order is available at:

          http://bankrupt.com/misc/ctb16-50884-239.pdf

As reported by the Troubled Company Reporter on June 6, 2017, the
Court authorized the Debtor to use the cash collateral from June 1,
2017, through June 30, 2017.  The use of cash collateral on an
interim basis is necessary to prevent immediate and irreparable
harm to the Debtor's estate in that without authorization to use
cash collateral, the Debtor's ability to sustain its operations and
meet its current necessary and integral business obligations will
be impossible.

                       About Success Inc.

Success, Inc., was incorporated on April 24, 1996, for the purpose
of acquiring and managing real estate properties, both with
existing buildings on them as well as vacant properties,
residential as well as commercial.  The Debtor currently owns four
parcels of real property in Connecticut.  Two of these properties
are single family residential units, one is a commercial property
and one is a vacant parcel of land.

Success, Inc., filed a Chapter 11 petition (Bankr. D. Conn. Case
No. 16-50884) on July 1, 2016.  The petition was signed by Gus
Curcio, Sr., president.  The Debtor is represented by Douglas S.
Skalka, Esq., at Neubert, Pepe, and Monteith, P.C.  The case is
assigned to Judge Julie A. Manning.  The Debtor estimated assets
and debt at $1 million to $10 million at the time of the filing.

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

On Nov. 21, 2016, the Debtor filed a proposed Chapter 11 plan of
reorganization and explanatory disclosure statement.


TIDEWATER INC: Successfully Emerges From Bankruptcy at July 31
--------------------------------------------------------------
Tidewater Inc. (NYSE: TDW) announced that effective July 31, 2017,
the Company and its affiliated chapter 11 debtors have emerged from
bankruptcy after successfully completing its reorganization
pursuant to the Second Amended Joint Prepackaged Chapter 11 Plan of
Reorganization of Tidewater and its Affiliated Debtors (the
"Plan"), that was confirmed on July 17, 2017 by the United States
Bankruptcy Court for the District of Delaware.

Through its Plan, Tidewater eliminated approximately $1.6 billion
in principal of outstanding debt, and considering the rejection of
certain sale-leaseback agreements, Tidewater estimates that
interest and operating lease expenses will be reduced by
approximately $73 million annually. The Company believes that its
substantially deleveraged balance sheet positions it for long-term
success for the benefit of all of its stakeholders.  The company
was principally advised by Lazard, Weil Gotschal & Manges LLP and
Jones Walker LLP.

"Today marks the completion of a restructuring and recapitalization
that allows the Company to move forward with a solid financial
foundation from which we expect to continue to strengthen our
business and grow," said Jeffrey M. Platt, Tidewater's President
and Chief Executive Officer.  "We now have the financial
flexibility to continue to provide our customers with the safe,
compliant, and efficient services that are the hallmark of our
Company. Tidewater is thankful for the continued support of our
many stakeholders, including our lenders, noteholders,
stockholders, employees, customers, vendors and trade creditors.
Their support has been integral to the successful outcome of the
chapter 11 process."

The Company's new common stock (CUSIP number 88642R 109) (the "New
Common Stock") has been approved for listing on the New York Stock
Exchange (the "NYSE") under the same NYSE ticker symbol "TDW" as
the shares of the Company's existing common stock (CUSIP number
886423 102) (the "Existing Stock").  Trading in the New Common
Stock on the NYSE is expected to commence on Tuesday, August 1,
2017.  The Company's Series A Warrants and Series B Warrants (CUSIP
numbers 88642R 117 and 88642R 125, respectively) (together, the
"Equity Warrants") have been approved for listing on the NYSE,
subject to compliance with applicable NYSE listing standards. The
Company intends to seek the listing of the Equity Warrants after
shares of the New Common Stock have traded for a reasonable period
of time to allow for trading prices and volume to stabilize.

Pursuant to the Plan, the Company will explore listing the New
Creditor Warrants on an exchange, subject to approval by its board
of directors and applicable listing requirements.

Preliminary information regarding the allocation of cash, senior
secured notes, New Common Stock, and New Creditor Warrants among
the banks, noteholders and sale/leaseback parties, and the
allocation of New Common Stock, Series A Warrants, and Series B
Warrants among its prior common stockholders was disclosed in the
Company's press release dated July 27, 2017.

Board of Directors

Pursuant to the Plan, the Company's new board of directors,
consisting of the following persons, was appointed today: Thomas R.
Bates, Jr., Alan J. Carr, Randee E. Day, Dick Fagerstal, Steven L.
Newman, and Larry T. Rigdon, with Jeffrey M. Platt, the Company's
President and Chief Executive Officer, continuing as a director.

                      About Tidewater Inc.

Founded in 1955, Tidewater, Inc. (NYSE: TDW) is a publicly traded
international petroleum service company headquartered in New
Orleans, Louisiana, U.S.  It operates a fleet of ships, providing
vessels and marine services to the offshore petroleum industry.

Tidewater Inc. and its affiliates sought Chapter 11 bankruptcy
protection (Bankr. D. Del. Lead Case No. 17-11132) on May 17, 2017.
The petitions were signed by Bruce Lundstrom, executive vice
president, general counsel and secretary.

Tidewater, Inc., disclosed $4.31 billion in total assets and $2.34
billion in debt as of Dec. 31, 2016.

The Debtors tapped Weil, Gotshal & Manges LLP as counsel; Richards,
Layton & Finger, P.A., as co-counsel; Jones Walker LLP, as
corporate counsel; AlixPartners, LLP, as financial advisors; Lazard
Freres & Co. LLC, as investment banker; KPMG LLP, as restructuring
tax consultant; Deloitte & Touche LLP as auditor and tax
consultant; Ernst & Young as tax advisor; and Epiq Bankruptcy
Solutions, LLC, as administrative advisors, and claims and
solicitation agent.

An unofficial committee of noteholders of Tidewater Inc., et al.,
has retained Paul, Weiss, Rifkind, Wharton & Garrison LLP, as
restructuring counsel, and Blank Rome LLP, as maritime counsel in
connection with restructuring discussions.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on June 20, 2017,
appointed three creditors to serve on the committee of equity
security holders; and three creditors to serve on the official
committee of unsecured creditors. Counsel to the Equity Committee
are Saul Ewing LLP and Brown Rudnick LLP.  The Equity Committee
retained Miller Buckfire & Co., LLC, as financial advisor and
investment banker.  Lawyers at Whiteford, Taylor & Preston LLC
represent the Unsecured Creditors Committee.


TIDEWATER INC: To List New Common Stock Following Chapter 11 Exit
-----------------------------------------------------------------
Tidewater Inc. on July 27, 2017, disclosed that the Company
received approval to list its new common stock with the new CUSIP
number 88642R 109 (the "New Common Stock") on the New York Stock
Exchange (the "NYSE") under the same NYSE ticker symbol "TDW" as
the shares of the Company's existing common stock (the "Existing
Stock").

In addition, the NYSE approved the listing of the Company's Series
A Warrants and Series B Warrants with the CUSIP numbers 88642R 117
and 88642R 125, respectively (together, the "Equity Warrants"),
subject to compliance with applicable NYSE listing standards.

The New Common Stock and Equity Warrants will be issued upon
Tidewater's anticipated emergence from chapter 11 proceedings in
accordance with the Company's Second Amended Joint Prepackaged
Chapter 11 Plan of Reorganization of Tidewater and its Affiliated
Debtors, as confirmed by a written order entered on July 17, 2017
by the United States Bankruptcy Court for the District of Delaware
(the "Plan").  Capitalized terms used but not defined below have
the meanings ascribed to them in the Plan.

The Company currently expects that the Plan will take effect on
July 31, 2017, with the Company and its debtor affiliates emerging
from bankruptcy on that date (the "Effective Date"); however, there
is no assurance that the Plan will take effect on that date or at
all.

In accordance with the Plan, Tidewater's stockholders of record at
the close of business on the Effective Date will be entitled to
receive a combination of New Common Stock, Series A Warrants, and
Series B Warrants.  All shares of Existing Stock (with the CUSIP
number 886423 102) will be cancelled at the close of business on
the Effective Date, and shares of New Common Stock, Equity
Warrants, and New Creditor Warrants (as described below) will be
issued at such time.

Assuming an Effective Date of July 31, 2017, trading in the New
Common Stock will commence on August 1, 2017 under the ticker
symbol "TDW", which is the same trading symbol used for the
Existing Stock.  The Existing Stock will continue to trade under
that symbol through the close of trading on the Effective Date.

Because the Company will continue to use the ticker symbol "TDW"
after the Effective Date, holders of Existing Stock, brokers,
dealers and agents effecting trades in Existing Stock, and persons
who expect to receive New Common Stock or effect trades in New
Common Stock, should take note of the anticipated cancellation of
the Existing Stock and issuance of New Common Stock, and the two
different CUSIP numbers signifying the Existing Stock and the New
Common Stock, in trading or taking any other actions in respect of
shares of the Company that trade under the "TDW" ticker.

While the New Common Stock will begin trading on the first trading
day following the Effective Date, the Company intends to list the
Equity Warrants after shares of the New Common Stock have traded
for a reasonable period of time to allow for trading prices and
volume to stabilize.

Pursuant to the Plan and following the Effective Date, the Company
will explore listing the New Creditor Warrants on an exchange,
subject to approval by its board of directors and applicable
listing requirements.

Pro Forma Equity Ownership Summary

The following summary is based on an equity distribution of 30
million shares of New Common Stock (the "Effective Date Shares"),
which is the total number of shares that would be issued under the
Plan on the Effective Date but for certain Jones Act limitations on
share ownership by Non-U.S. Citizens and unresolved sale/leaseback
claims as discussed below.

Subject to the considerations, prepetition holders of the Company's
unsecured notes, the lenders under the existing credit agreement,
and the lessor parties to certain sale leaseback agreements
(together, the "General Unsecured Creditors" and their claims, the
"General Unsecured Claims") are entitled to receive, among other
consideration and in the aggregate, a total of 28.5 million shares
of New Common Stock, representing 95% of the Effective Date Shares
(the "Creditor Shares").

However, only 16,889,416 Creditor Shares will be issued on the
Effective Date.  The balance of the Creditor Shares will be
reserved for issuance upon the exercise of New Creditor Warrants.
These New Creditor Warrants will either be (a) issued on the
Effective Date to certain holders of allowed General Unsecured
Claims who are Non-U.S. Citizens (in order to keep the percentage
ownership of the New Common Stock by Non-U.S. Citizens at or below
22% as of the Effective Date, as required by the Plan), or (b)
reserved for issuance on the Effective Date pursuant to the Plan to
settle unresolved sale/leaseback claims as those claims are
resolved, with the remaining balance distributed to holders of
allowed General Unsecured Claims pro rata.  Each New Creditor
Warrant issued on the Effective Date will reduce by one share the
number of Creditor Shares issued on that date.

Each New Creditor Warrant will be exercisable immediately for one
share of New Common Stock at $0.001 (par value), subject to certain
restrictions if the effect of such exercise would cause the level
of ownership by Non-U.S. Citizens to exceed 24%, as provided in the
Company's articles of incorporation in effect on the Effective
Date. The New Creditor Warrants will have a 25-year term.

With respect to holders of Existing Stock as of the Effective Date,
the Plan provides that they will receive, in the aggregate, 1.5
million shares of New Common Stock, representing 5% of the
Effective Date Shares.  This is the equivalent of an approximate
1-for-31.4143 exchange ratio (1 share of New Common Stock for every
31.4143 shares of Existing Stock, subject to rounding).

In addition to their pro rata portion of the Effective Date Shares,
holders of Existing Stock will receive, in the aggregate:

Series A Warrants to purchase 2,432,432 shares of New Common Stock,
or approximately 1.6216 Series A Warrants for each 1 share of New
Common Stock they will receive (or 0.0516 Series A Warrants for
each 1 share of Existing Stock they own, subject to rounding), with
an exercise price of $57.06 per share (subject to adjustment as
provided in the Series A Warrant); and

Series B Warrants to purchase 2,629,657 shares of New Common Stock,
or approximately 1.7531 Series B Warrants for each 1 share of New
Common Stock they will receive (or 0.0558 Series B Warrants for
each 1 share of Existing Stock they own, subject to rounding), with
an exercise price of $62.28 per share (subject to adjustment as
provided in the Series B Warrant).

Each Equity Warrant has a term of six years, unless earlier
terminated and paid out by their terms upon the consummation of
certain business combinations or sale transactions involving the
Company.  However, if within the 180-day period prior to their
expiration, an Equity Warrant holder is prohibited from exercising
the warrant because of Jones Act limitations on ownership by
Non-U.S. Citizens, the holder may elect to exercise the Equity
Warrant for a warrant in form substantially similar to the New
Creditor Warrant in lieu of each share of New Common Stock that
would have otherwise been issued upon exercise of the Equity
Warrant.

All Effective Date Shares will be subject to dilution from the
exercise of the Equity Warrants and a management incentive plan
("MIP").

The occurrence of the Effective Date is subject to conditions set
forth in the Plan, and the Company can make no assurances as to
whether the Effective Date will occur on July 31, 2017, or at all.

                   About Tidewater Inc.

Founded in 1955, Tidewater, Inc. (NYSE: TDW) is a publicly traded
international petroleum service company headquartered in New
Orleans, Louisiana, U.S. It operates a fleet of ships, providing
vessels and marine services to the offshore petroleum industry.

Tidewater Inc. and its affiliates sought Chapter 11 bankruptcy
protection (Bankr. D. Del. Lead Case No. 17-11132) on May 17, 2017.
The petitions were signed by Bruce Lundstrom, executive vice
president, general counsel and secretary.

Tidewater, Inc., disclosed $4.31 billion in total assets and $2.34
billion in debt as of Dec. 31, 2016.

The Debtors tapped Weil, Gotshal & Manges LLP as counsel; Richards,
Layton & Finger, P.A., as
co-counsel; Jones Walker LLP, as corporate counsel; AlixPartners,
LLP, as financial advisors; Lazard Freres & Co. LLC, as investment
banker; KPMG LLP, as restructuring tax consultant; Deloitte &
Touche LLP as auditor and tax consultant; Ernst & Young as tax
advisor; and Epiq Bankruptcy
Solutions, LLC, as administrative advisors, and claims and
solicitation agent.

An unofficial committee of noteholders of Tidewater Inc., et al.,
has retained Paul, Weiss, Rifkind, Wharton & Garrison LLP, as
restructuring counsel, and Blank Rome LLP, as maritime counsel in
connection with restructuring discussions.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on June 20, 2017,
appointed three creditors to serve on the committee of equity
security holders; and three creditors to serve on the official
committee of unsecured creditors.  Counsel to the Equity Committee
are Saul Ewing LLP and Brown Rudnick LLP.  The Equity Committee
retained Miller Buckfire & Co., LLC, as financial advisor and
investment banker.  Lawyers at Whiteford, Taylor & Preston LLC
represent the Unsecured Creditors Committee.


TMS INTERNATIONAL: S&P Affirms 'B+' CCR, Outlook Remains Stable
---------------------------------------------------------------
S&P Global Ratings affirmed its 'B+' corporate credit rating on
Glassport, Pa.-based TMS International Corp. The outlook is
stable.

S&P said, "We also assigned our 'B' issue-level rating to the
company's $250 million senior unsecured notes due 2025. The
recovery rating on the notes is '5', which indicates our
expectation for modest (10%-30%; rounded estimate: 15%) recovery in
the event of a payment default. At the same time, we assigned our
'BB-' issue-level rating to the company's $465 million term loan
due 2024. The recovery rating on the term loan is '2', which
indicates our expectation for substantial (70%-90%; rounded
estimate: 80%) recovery in the event of a payment default.

"The rating affirmation reflects our view that the proposed
refinancing is credit neutral, since we expect the modest increase
in debt will be offset by extended maturities and slightly lower
borrowing costs. The stable outlook reflects our expectation that
TMS' operating results and profitability will continue to benefit
from an improved steel market, which should be supported by higher
aggregate steel demand and elevated steel prices. We expect TMS to
generate adjusted debt to EBITDA of about 6x and funds from
operations to debt of about 12% over the next 12 months.

"The stable outlook reflects our view that, while we expect TMS to
improve profitability (with EBITDA margins of about 10%) and
benefit from relatively solid steel markets over the next 12
months, we do not expect TMS to meaningfully decrease adjusted debt
leverage over this time frame. For the full year 2017, we expect
TMS to generate adjusted debt to EBITDA of approximately 6x,
falling to about 5.5x in 2018. We expect TMS to maintain relatively
stable EBITDA margins of 10% in 2017 and 2018.

"We could lower our rating on TMS if the company generated adjusted
debt to EBITDA above 7x and EBITDA interest coverage below 2x on a
sustained basis. This could occur if conditions in the steel sector
materially weakened, which could lead to some of TMS' largest
customers cutting costs. Specifically, we would expect a 2%
decrease in EBITDA margins to result in TMS' adjusted debt to
EBITDA to increase to above 7x.

"We could raise our rating on TMS over the next 12 months if it
significantly increased its size and scope while maintaining
relatively stable profitability and credit metrics, such as EBITDA
margins of about 10% and adjusted debt to EBITDA below 5x. This
would be dependent both on continued stabilization in the steel
industry and TMS using its free cash flow to reduce its debt
leverage."


TOPS HOLDING: S&P Corrects CCR to CC on Distressed Exchange Offer
-----------------------------------------------------------------
S&P Global Ratings corrected the corporate credit rating on
Williamsville, N.Y.-based Tops Holding II Corp. by lowering it to
'CC' from 'CCC+'. The outlook is negative.

S&P said, "At the same time, we corrected the issue-level rating on
the company's senior unsecured notes due 2018 by lowering it to
'CC' from 'CCC-'.

"The rating actions reflects our view that Tops' exchange offer, if
completed, would constitute a distressed exchange, and would be
tantamount to default. Due to an error, when we rated the proposed
9% senior amortizing unsecured notes on July 21, 2017, we did not
lower our ratings on Tops Holding II Corp. The company has offered
to exchange any and all of the outstanding $85.5 million
8.75%/9.50% senior notes due 2018 issued by Tops Holding II Corp.
for $116.50 in cash and $883.50 in new 9% senior amortizing
unsecured notes co-issued by Tops Holding LLC and Tops Markets II
Corp. for every $1,000 par in existing notes.

"We have determined that the tender offer would constitute a
distressed exchange, given the prior 'CCC+' corporate credit rating
and the three-year extension of the maturity on the existing notes.
In our view, Tops faces a realistic possibility of falling into a
near to medium-term payment default if the exchange offer is not
completed. Furthermore, given the company's substantial debt burden
and ongoing weak performance, we believe the existing capital
structure may be unsustainable.

"The negative outlook reflects our expectation that, once the
transaction has been completed, we will lower the corporate credit
rating to 'SD' (selective default) and the issue-level rating on
the existing senior unsecured notes to 'D'. Shortly thereafter, we
would raise the corporate credit rating to a level that reflects
the ongoing risk of a conventional default or future distressed
restructurings."


TRIGEE FOUNDATION: Orders Were Not Money Judgments, Court Rules
---------------------------------------------------------------
Debtor Trigee Foundation has filed a motion to quash a writ of
execution obtained by Lerch, Early & Brewer, Chtd.  Under 11 U.S.C.
section 1101(1), the debtor served as a debtor in possession in
this case until the case was dismissed.  Prior to the dismissal of
the case, Lerch Early obtained three orders approving compensation
for its representation of the debtor as a debtor in possession.
Two of those orders, including the last order, granting a final
application for approval of compensation, provided that "the Debtor
be, and is hereby authorized and directed to make payment of the
fees awarded herein."  The case was later dismissed without a plan
having been confirmed.  After the case was dismissed, Lerch Early
sought and obtained the clerk's issuance of the writ of execution.

Judge S. Martin Teel, Jr., of the U.S. Bankruptcy Court for the
District of Columbia granted the Debtor's motion to quash.

Judge Teel finds that the debtor is correct that the orders were
not money judgments, and that, accordingly, the writ should be
quashed. Lerch Early argues that "unlike in In re 3109, LLC, where
the confirmed plan created a contract that governed who was paid
and when, here the fees were awarded in a case that was dismissed
with no confirmed plan and, therefore, no contract governing the
payment of fees." However, under the reasoning of In re 3109, LLC,
the orders in that case would not have been money judgments even if
no plan had been confirmed. As in In re 3109, LLC, the orders at
issue here allowed the fee claims as administrative claims to be
paid from the estate and did not purport to be money judgments.

The orders were not intended to be money judgments collectible by
way of writs of execution after the dismissal of the case. Each of
the applications for compensation did not request entry of a money
judgment, and it would not have made sense for this court to issue
a money judgment in favor of Lerch Early enforceable against
non-estate assets: entering such a money judgment would have had no
impact on the administration of the estate (which ceased to exist
upon dismissal), and would have been unnecessary to the
administration of the case.

Also, the orders here were issued to the debtor as a debtor in
possession and, as such, directed payment from property of the
estate. This court's authority to compel payment from property of
the estate ceased upon dismissal of the case, as the estate had
ceased to exist based on the property of the estate having revested
in the debtor. The orders may have been "unconditional" in
directing the debtor to make payment from the property of the
estate; however, they only governed the debtor's obligation, as a
debtor in possession, to make distributions from the property of
the estate and did not purport to address collection of the fees
once the case was dismissed. Upon dismissal, the debtor no longer
was a debtor in possession, the property of the estate revested in
the debtor, and the bankruptcy estate ceased to exist.

The appealable nature of the orders at issue here and their res
judicata effect did not make them money judgments.

For these reasons, an order follows granting the motion to quash.

The bankruptcy case is In re TRIGEE FOUNDATION, INC., (Chapter 11),
Debtor, Case No. 12-00624 (Bankr. D.C.).

A full-text copy of Judge Teel's Memorandum Decision dated July 26,
2017, is available at https://is.gd/bMovgN 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.


TRUGREEN LP: S&P Affirms 'B' Corp. Credit Rating, Outlook Stable
----------------------------------------------------------------
S&P Global Ratings affirmed its 'B' long-term corporate credit
rating on Memphis-based TruGreen LP. The outlook is stable.

S&P said, "At the same time, we assigned our 'B' issue-level rating
and '3' recovery rating to the company's $800 million incremental
term loan due 2023. The '3' recovery rating indicates our
expectation of meaningful recovery (50%-70%; rounded estimate 50%)
in the event of a payment default. We also affirmed our 'B'
issue-level rating on the company's $146 million revolving credit
facility expiring in 2021. The recovery rating remains '3',
although we have lowered the recovery estimate to 50% from 65%.

"Pro forma for the transaction, we project approximately $1 billion
of reported debt outstanding for the company.

"The affirmation reflects our expectation that TruGreen will
quickly reduce leverage over the next several quarters, thanks to a
significant improvement in operating performance and healthy free
cash flow generation, particularly in 2018. Although pro forma
leverage is quite high at about 7.6x, we project that one-time
costs to realize operating synergies following last year's
acquisition of Scotts LawnServices will dissipate by the end of
2017, allowing for considerable deleveraging. SLS' operations are
now largely integrated and its branches are fully merged with
TruGreen's, thereby capable of delivering combined EBITDA of about
$170 million. Once the company achieves this EBITDA, the leverage
ratio will improve to about 6.6x by fiscal year end 2017. Moreover,
the company generates good free operating cash flows, which should
be about $30 million this year and improving to about $60 million
in 2018.  

"The stable outlook reflects our view that TruGreen's credit
metrics will improve quickly in the next two quarters as the
company completes its integration of SLS and realizes the planned
$30 million of synergies, with debt to EBITDA approaching the
mid-6x area by the end of 2017.

"We would consider a downgrade if the company is unable to reduce
debt to EBITDA below 7.5x by the end of 2017. This could occur if
the company doesn't achieve the planned synergies, possibly because
of further deterioration in SLS' post-merger customer conversion to
TruGreen, or if TruGreen incurs additional unexpected costs to
realize targeted synergies, or if competition from local
competitors or DIY alternatives intensifies, possible because poor
service levels lead to significant client attrition. We believe any
combination of these events could prevent EBITDA from improving in
line with our forecasts.

"Additionally, we could lower the ratings if the company's
financial policy remained aggressive, as shown by further
debt-funded dividends, and the debt-to-EBITDA ratio stayed above
7.5x for more than two consecutive quarters.

"Given the company's financial sponsor ownership, it is unlikely
that we would consider an upgrade in the next year.

"In the longer term, we would consider raising the ratings if the
company commits to sustaining debt to EBITDA below 5x. For this to
occur, we believe the company would raise additional equity capital
to reduce the financial sponsor ownership and repay debt, possibly
from an IPO, or reduce the sponsor's ownership stake to below 40%."


ULTRA PETROLEUM: Hartmans' Hedging Proceeds Claim Not Resolved
--------------------------------------------------------------
Doyle Hartman and Margaret Hartman filed this adversary proceeding
captioned DOYLE HARTMAN, et al., Plaintiff(s), v. ULTRA PETROLEUM
CORP., et al., Defendant(s), Adversary No. 16-3250 (Bankr. S.D.
Tex.) against Ultra, et al., seeking to recover a percentage of
Ultra's proceeds attributable to its oil and gas hedging
transactions. The Hartmans now move for entry of a final judgment
pursuant to FED. R. CIV. P. 54(b) on the Court's order granting
Ultra's motion for partial summary judgment. Judge Marvin Isgur of
the U.S. Bankruptcy Court for the Southern District of Texas denied
the Hartmans' motion for entry of a Rule 54(b) judgment.

When an action presents more than one claim for relief -- whether
as a claim, counterclaim, cross-claim, or third-party claim -- or
when multiple parties are involved, the court may direct entry of a
final judgment as to one or more, but fewer than all, claims or
parties only if the court expressly determines that there is no
just reason for delay.

Accordingly, two elements must be met in order to obtain a final
judgment under Rule 54(b): (i) there must be a final judgment on at
least one -- but not every -- claim in the case within the meaning
of 28 U.S.C. section 1291; and (ii) there is no just reason for
delaying entry of the final judgment.

In support of their motion for entry of a Rule 54(b) judgment, the
Hartmans argue that this Court definitively resolved the issue of
whether proceeds related to Ultra's hedging transactions should be
included in the calculations of the Hartmans' net profits interest
through its granting of partial summary judgment to Ultra on this
issue. Accordingly, the Hartmans assert that this requirement for a
final judgment to be present in the case is satisfied.

Judge Isgur finds that The Hartmans' hedging proceeds claim has not
been finally resolved within the context of Rule 54(b). The Court's
summary judgment ruling did not definitively end this adversary
proceeding on the merits, instead leaving the Court with multiple
determinations to make before ending the litigation and finally
executing its judgment. Accordingly, the Court finds that it has
not fully resolved the Hartmans' hedging proceeds claim and
therefore denies the Hartmans' motion.

The Hartmans also failed to carry their burden of showing that
there is no just reason for delay in entering final judgment under
Rule 54(b) in this case. No showing has been made or offered that
an imminent and tangible hardship or injustice exists that
necessitates the entrance of a Rule 54(b) judgment on the Hartmans'
hedging proceeds claim. Additionally, entering such a judgment on
the hedging proceeds claim would lead to the type of piecemeal
appeals process that the judicial system attempts to avoid when
considering a Rule 54(b) motion. Still at issue in this proceeding
and relevant to the hedging proceeds claim are Ultra's counterclaim
and affirmative defense. These related claims may be later appealed
by either party as they are decided, which would go against
efficient and uniform judicial administration. Because of these
findings, the Court determines that just reasons exist for delaying
the entry of a final judgment on the Hartmans' hedging proceeds
claim.

In the alternative to their motion for entry of a Rule 54(b)
judgment, the Hartmans seek a clarification that the Court's order
on Ultra's motion for summary judgment was not a "final judgment"
for purposes of appeal and the attendant deadlines related thereto.
Because it sees no ambiguity in its summary judgment order, the
Court clarifies that its order was not a final judgment.

The Court will issue an Order consistent with this Memorandum
Opinion.

A full-text copy of Judge Isgur's Memorandum Opinion dated July 26,
2017, is available at https://is.gd/k71sem from Leagle.com.

Ultra Petroleum Corp., Debtor, represented by Matthew C. Fagen --
matthew.fagen@kirkland.com -- Kirkland & Ellis LLP. T. Brooke
Farnsworth, Farnsworth & vonBerg. Christopher T. Greco --
christopher.greco@kirkland.com -- Kirkland & Ellis LLP. Gregory F.
Pesce -- gregory.pesce@kirkland.com. -- Kirkland and Ellis LLP.
Michael A. Petrino -- michael.petrino@kirkland.com -- Kirkland &
Ellis LLP. David R. Seligman -- david.seligman@kirkland.com --
Kirkland Ellis LLP. Joseph G. Thompson, III –
jthompson@watthompson.com -- Watt Thompson Frank & Carver LLP.

U.S. Trustee, U.S. Trustee, represented by Nancy Lynne Holley --
nancy.holley@usdoj.gov -- U S Trustee. Christine A. March, Office
of the US Trustee.

Official Committee of Unsecured Creditors, Creditor Committee,
represented by Christopher Manuel Lopez -- chris.lopez@weil.com --
Weil Gotshal Manges LLP. Alfredo R. Perez -- alfredo.perez@weil.com
-- Weil Gotshal et al.

                 About Ultra Petroleum

With headquarters in Houston, Texas, Ultra Petroleum Corp.
(NASDAQ:UPL) is an independent oil and gas company engaged in the
development, production, operation, exploration and acquisition of
oil and natural gas properties.

On April 29, 2016, Ultra Petroleum Corp. and seven subsidiary
companies filed petitions (Bankr. S.D. Tex. Lead Case No. 16-
32202) seeking relief under Chapter 11 of the United States
Bankruptcy Code.  Judge Marvin Isgur is the case judge.  Ultra
Petroleum tapped Kirkland & Ellis LLP, as counsel; Jackson Walker,
L.L.P., as co-counsel; Rothschild Inc. and Petrie Partners as
investment bankers; and Epiq Bankruptcy Solutions, LLC, as claims
and noticing agent.

In April 2017, Ultra Petroleum successfully completed its Chapter
11 restructuring.


UNCAS LLC: Plan Outline Okayed, Plan Hearing on Sept. 27
--------------------------------------------------------
The U.S. Bankruptcy Court for the District of Connecticut is set to
hold a hearing on September 27 to consider approval of Connect REO,
LLC's proposed Chapter 11 plan for Uncas, LLC.

The court on July 20 approved the company's disclosure statement,
allowing it to start soliciting votes from creditors.  

The order set a September 13 deadline for creditors to file their
objections and cast their votes accepting or rejecting the plan.

According to the latest plan, in the event no proceeds remain
available for payment of Class 3 unsecured claims after payment of
secured claims and closing costs in connection with the sale of
Uncas' real property located at 2A Owenoke Park, Westport, Connect
REO will pay $2,700 on the distribution date or upon taking title
to the property via credit bid.  

Class 3 consists of the unsecured claims of Eastern Tree Service
and Peter Vimini.  Only one unsecured claim has been filed by
Vimini in the amount of $2,700.  This class is impaired, according
to Connect REO's latest disclosure statement filed on July 18.

A copy of the fourth amended disclosure statement is available for
free at https://is.gd/m3NVY4

                      About Uncas LLC

Uncas, LLC, owns real estate located at 2A Owenoke Park, Westport,
Connecticut.  The property is a vacant piece of raw land.  

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Conn. Case No. 16-50849) on June 28, 2016.  The
petition was signed by Michael F. Calise, member.  At the time of
the filing, the Debtor estimated its assets and liabilities at $1
million to $10 million.

The Debtor is represented by Coan, Lewendon, Gulliver &
Miltenberger LLC.

On February 2, 2017, Connect REO, LLC, a secured creditor, filed a
disclosure statement, which explains its proposed Chapter 11 plan
for the Debtor.


UNITED MOBILE: Foxx to Contribute $500,000 on Confirmation Date
---------------------------------------------------------------
United Mobile Solutions, LLC, will receive a capital contribution
of $500,000 from Foxx Holdings, LLC, upon confirmation of the
company's Chapter 11 plan of reorganization, according to a
document it filed with the U.S. Bankruptcy Court for the Northern
District of Georgia.

The contribution will provide United Mobile sufficient cash to exit
bankruptcy protection and cover any administrative expense claims.
It is currently being held in the escrow account of the attorneys
for Foxx Holdings, the company disclosed in the court filing.

Foxx Holdings, a Delaware limited liability company, was formed for
the purpose of acquiring the stock of United Mobile.   

The proposed change in ownership of United Mobile has not been
approved by T-Mobile USA Inc., MetroPCS Georgia LLC, and MetroPCS
Texas LLC, and is contingent on such approval in their "sole and
absolute discretion," according to the court filing.  

The document can be accessed for free at https://is.gd/dcPYkb

                 About United Mobile Solutions

United Mobile Solutions, LLC is a carrier master dealer that
operates and manages approximately 20 retail cellular phone stores.
Its corporate offices are located in Norcross, Georgia.

The Debtor filed a Chapter 11 petition (Bankr. N.D. Ga. Case No.
16-62537) on July 20, 2016.  The petition was signed by Kil Won
Lee, president.  At the time of the filing, the Debtor estimated
assets of less than 50,000 and liabilities of $1 million to $10
million.

The Debtor is represented by Cameron M. McCord, Esq., at Jones &
Walden, LLC.  

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

On December 16, 2016, the Debtor filed a disclosure statement,
which explains its proposed Chapter 11 plan of reorganization.


UNITED MOBILE: Hearing on Disclosures Approval Set for Aug. 3
-------------------------------------------------------------
The Hon. Barbara Ellis-Monro of the U.S. Bankruptcy Court for the
Northern District of Georgia has entered an amended order scheduled
for 11:00 a.m. on Aug. 3, 2017, the hearing to consider any
objections to United Mobile Solutions, LLC's disclosure statement
and to consider confirmation of the plan of reorganization.

July 31, 2017, is the last day for filing and serving written
objections to the Disclosure Statement or to confirmation of the
Plan.

Any party which previously has timely filed a ballot accepting or
rejecting the Plan may amend its vote to accept or reject the Plan
by: (a) filing an amended ballot on or by July 31, 2017, or (b)
amending its ballot by announcing the amendment in open court at
the confirmation hearing scheduled for Aug. 3.

As reported by the Troubled Company Reporter on May 31, 2017, the
Court on May 18 gave the thumbs-up to the Disclosure Statement,
allowing the Debtor to start soliciting votes from creditors.  The
Debtor said in its latest Disclosure Statement that a cash infusion
of $500,000 will be provided by KHC, LLC, to pay administrative
expense claims.

                 About United Mobile Solutions

United Mobile Solutions, LLC, is a carrier master dealer that
operates and manages approximately 20 retail cellular phone stores.
Its corporate offices are located in Norcross, Georgia.

The Debtor filed a Chapter 11 petition (Bankr. N.D. Ga. Case No.
16-62537) on July 20, 2016.  The petition was signed by Kil Won
Lee, president.  At the time of the filing, the Debtor estimated
assets of less than 50,000 and liabilities of $1 million to $10
million.

The Debtor is represented by Cameron M. McCord, Esq., at Jones &
Walden, LLC.  

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

On Dec. 16, 2016, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.


UPPER ROOM BIBLE: Plan Outline Okayed, Plan Hearing on Aug. 31
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Louisiana is
set to hold a hearing on August 31 to consider approval of the
Chapter 11 plan of reorganization for The Upper Room Bible Church,
Inc.

The hearing will be held at 10:00 a.m., at Courtroom B-705, Hale
Boggs Federal Building, 500 Poydras Street, New Orleans,
Louisiana.

The court on July 20 approved the disclosure statement, allowing
Upper Room Bible Church to start soliciting votes from creditors.


The order set an August 24 deadline for creditors to file their
objections and cast their votes accepting or rejecting the plan.

               About The Upper Room Bible Church

The Upper Room Bible Church, Inc. filed a Chapter 11 petition
(Bankr. E.D. La. Case No. 16-12757), on November 8, 2016,
disclosing under $1 million in both assets and liabilities.  The
petition was signed by Herbert H. Rowe, Jr.  Judge Jerry A. Brown
presides over the case.

The Debtor is represented by P. Douglas Stewart, Jr., Esq., Brandon
A. Brown, Esq., and Ryan J. Richmond, Esq., of Stewart Robbins &
Brown, LLC.  Curtis A. Moret, Jr., LLC serves as accountant.

On May 8, 2017, the Debtor filed a Chapter 11 plan of
reorganization and disclosure statement.


US STEEL: Moody's Assigns Caa1 Rating to New Senior Unsecured Debt
------------------------------------------------------------------
Moody's Investors Service assigned a Caa1 senior unsecured rating
to United States Steel Corporation's (U.S. Steel) new debt issue
under its shelf registration rated (P)Caa1 for senior unsecured
issuance. All other ratings, including the SGL-2 Speculative Grade
Liquidity Rating remain unchanged. The rating outlook is positive.

Proceeds will be used for the redemption of debt.

Assignments:

Issuer: United States Steel Corporation

-- Senior Unsecured Regular Bond/Debenture, Assigned Caa1 (LGD5)

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), reflects 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 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. The SGL also captures the
improved maturity profile following the redemptions.

U.S. Steel also has a Euro200 million unsecured credit facility (no
borrowings) at its USSK subsidiary in Europe, which expires in July
2020 and other smaller facilities at USSK.

STRUCTURAL CONSIDERATIONS

The B1 rating on the senior secured notes under Moody's Loss Given
Default Methodology reflects their stronger position in the capital
structure relative to the senior unsecured notes. The Caa1 rating
on the senior unsecured notes reflects their weaker position
relative to the secured ABL and senior secured notes as well as
priority payables.

PROFILE

Headquartered in Pittsburgh, Pennsylvania, United States Steel
Corporation is the second largest flat-rolled steel producer in
North America in terms of production capacity. The company
manufactures and sells a wide variety of steel sheet, tubular, and
tin products across a broad array of industries, including service
centers, transportation, appliance, construction, containers, and
oil, gas and petrochemicals. Through its major production
operations in North America and Central Europe, U.S. Steel has a
combined annual raw steel capacity of approximately 22 million tons
(US -17 million, Europe -- 5 million). Revenues for the twelve
months ended June 30 2017 were $11.2 billion.

The principal methodology used in this rating was Global Steel
Industry published in October 2012.


US STEEL: S&P Rates New $750MM Senior Unsecured Notes 'B'
---------------------------------------------------------
S&P Global Ratings assigned its 'B' issue-level rating and '4'
recovery rating to U.S. Steel Corp.'s proposed $750 million senior
unsecured notes. The '4' recovery indicates S&P's expectation of
average (30%-50%; rounded estimate: 35%) recovery for unsecured
noteholders in the event of a default. S&P said, "We expect that
the company will use proceeds from the proposed issuance to fund
the redemption of its senior unsecured notes due 2018, 2021, and
2022.

"The refinancing has no effect on our issuer or issue-level ratings
on U.S. Steel, maintaining steady debt outstanding, but lowering
interest costs and extending maturities. In addition, the proposed
transactions have no effect on our recovery ratings, because the
company will preserve the split of secured and unsecured debt in
our default scenario.

"On July 25, 2017, U.S. Steel reported significantly improved
second-quarter results and boosted its outlook for 2017, only one
quarter after a downward earnings guidance revision in April 2017.
Higher steel prices heading into the second half of 2017 support
stronger earnings, but we still expect that elevated capital and
operating costs for the company's strategically important asset
revitalization will constrain free cash flow through 2018.
Furthermore, steel market conditions are currently favorable for
U.S. producers, but are volatile, and a quick downturn can rapidly
degrade U.S. Steel's earnings and cash flow as it undertakes
potentially disruptive asset upgrades. Nevertheless, we expect that
U.S. Steel will improve adjusted debt leverage to below 5x amid
stronger steel prices in 2017, and potentially below 4x in 2018 if
market conditions hold."

Recovery Analysis

Key analytical factors

Key analytical factors

* S&P is assigning a '4' recovery rating to the new senior
   unsecured notes, indicating their expectation of average (30%-
   50%; rounded estimate 35%) recovery.

* S&P's emergence EBITDA assumption incorporates its standard
   recovery assumptions for minimum capital expenditures (2%), its

   standard 15% cyclicality adjustment for issues in the metals
   and mining downstream sector. S&P also makes a negative 5%
   operational adjustment, given the company's relatively high
   leverage relative to that of peers. The 5.5x multiple is in
   line with multiples S&P assigns to other metals and mining
   downstream companies.

* S&P's recovery analysis assumes that, in a hypothetical default

   scenario, collateral securing the ABL facility due 2020 would
   be sufficient to cover borrowings outstanding. S&P assumed a
   total commitment size of $1.5 billion and exposure of about
   $869 million, which reflects the potential for the borrowing
   base to contract and constrain availability.

* S&P's hypothetical default scenario contemplates substantial
   non debt liabilities -- about $1.2 billion as of Dec. 31, 2016
   -- related to modifications of pension and other postemployment

   benefits(OPEB) obligations that S&P assumes U.S. Steel would
   seek to undertake in bankruptcy proceedings. These nondebt
   liabilities weigh on recovery prospects for the company's
   unsecured debt. S&P cannot project such OPEB and pension-
   related claims at the time of their recovery analysis, so the
   nature and size of claims that might materialize in an actual
   bankruptcy could vary materially from what S&P has assumed.

Simulated default assumptions

* Year of default: 2020
* EBITDA at emergence: $630 million
* Implied enterprise value (EV) multiple: 5.5x, consistent with
   the multiples used for companies in the metals and mining
   downstream industry
* Gross EV: $3.3 billion
* Simplified waterfall
* Net EV, after 5% administrative costs: $2.7 billion
* Priority secured claims -- ABL facility (about $869 million)
   and assumed foreign debt (about $133 million): $1 billion
* Total collateral value available to secured creditors: $1.6
   billion
* Estimated senior secured note claims: $1.04 billion
* Recovery range for senior secured note claims: 90%-100%
   (rounded estimate 95%)
-------------------------------------------------
* Total value available to unsecured claims: $695 million
* Estimated senior unsecured note claims (including assumed OPEB
   and pension claims): $2.1 billion
* Recovery range for unsecured claims: 30%-50% (rounded estimate
   35%)

Note: Estimated secured and unsecured debt claims include
approximately six months of accrued but unpaid interest.

Ratings List

U.S. Steel Corp.
Corporate Credit Rating                    B/Stable/--

New Rating

U.S. Steel Corp.
$750 million senior notes                 B
  Recovery Rating                          4(35%)


WELLMAN DYNAMICS: TRC Master Fund Appointed to Committee
--------------------------------------------------------
The U.S. trustee for Region 12 on July 26 appointed TRC Master
Fund, LLC as new member of the official committee of unsecured
creditors in the Chapter 11 cases of Wellman Dynamics Corp. and
Wellman Dynamics Machining & Assembly, Inc.

TRC can be reached through:

     Terrel Ross
     TRC Master Fund, LLC
     100 Merrick Road, Suite 308E
     Rockville Centre, NY 11570
     Phone: (516) 653-2471
     Fax: (516) 593-0927
     Email: tross@trcmllc.com

                   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 January 11, 2017.  On May 8, 2017, the
creditors' committee of Wellman Dynamics filed a rival Chapter 11
plan of liquidation for the company.


WEST TEXAS BULLDOG: Hires Jesse Blanco as Bankruptcy Counsel
------------------------------------------------------------
West Texas Bulldog Oilfield Services, LLC, seeks authority from the
U.S. Bankruptcy Court for the Western District of Texas to employ
Jesse Blanco, Attorney at Law, as bankruptcy counsel to the
Debtor.

West Texas Bulldog requires Jesse Blanco to:

   a. examine claims of creditors in order to determine their
      validity;

   b. give advice and counsel to the Debtor in connection with
      its legal problems, including use of cash collateral, sale
      or lease of property of the estate, obtaining credit,
      assumption and rejection of unexpired leases and executor
      contracts, requests for security interests, relief from the
      automatic stay, special treatment, payment of pre-petition
      obligations, etc.;

   c. negotiate with creditors holding secured and unsecured
      claims for a chapter 11 plan;

   d. draft a chapter 11 plan; and

   e. object to claims as may be appropriate and, in general,
      act on behalf of the Debtor in any and all bankruptcy law
      matters which may arise in the course of the bankruptcy
      case.

Jesse Blanco will be paid at the hourly rate of $400. The Firm will
also be reimbursed for reasonable out-of-pocket expenses incurred.

Jesse Blanco, Jr., member of Jesse Blanco, Attorney at Law, assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Jesse Blanco can be reached at:

     Jesse Blanco, Jr., Esq.
     JESSE BLANCO ATTORNEY AT LAW
     7406 Garden Grove
     San Antonio, TX 78250
     Tel: (713) 320-3732
     Fax: (210) 509-6903
     E-mail: jesseblanco@sbcglobal.net

                   West Texas Bulldog Oilfield
                           Services, LLC

West Texas Bulldog Oilfield Services, Inc., based in Odessa, TX,
filed a Chapter 11 petition (Bankr. W.D. Tex. Case No. 17-70126) on
July 17, 2017. The Hon. Tony M. Davis presides over the case. Jesse
Blanco, Jr., Esq., at Jesse Blanco, Attorney at Law, serves as
bankruptcy counsel.

In its petition, the Debtor estimated $100,000 to $500,000 in
assets and $1 million to $10 million in liabilities. The petition
was signed by Nicholas Solis, member.



WEST TEXAS BULLDOG: Wants to Use Cash to Pay Operating Expenses
---------------------------------------------------------------
West Texas Bulldog Oilfield Services, Inc., seeks permission from
the U.S. Bankruptcy Court for the Western District of Texas to use
cash collateral for the payment of personal and operating
expenses.

Prior to the commencement of this case, Security Bank, Mantis,
Bizfi, Yellowstone and the IRS filed liens to secure their claims
regarding either loans extended to the Debtor or liens.

The Debtor's primary source of income is the operation of its
business and the accounts receivable those activities generate.  At
the present time, it is imperative that the Debtor obtains
authority from the Court to use some of the cash collateral he
receives in order to pay basic necessities like operations,
salaries, maintenance, insurance, taxes, management fees, escrow
for future operating and maintenance expenses, and professional
fees as might be approved by the Court.

In order to remain in possession of its properties and continue its
business activities in an effort to achieve successful
reorganization, the Debtor must be permitted to use cash collateral
to pay the items provided for in the budget.  The Debtor currently
has no present alternative borrowing source from which the Debtor
could secure additional funding to operate the business.

The Debtor believes the expenses listed on the budget are
reasonable and necessary business expenses which must be paid in
order to continue the Debtor's business.

In an effort to adequately protect the interests of the Bank and
others in the prepetition collateral for the Debtor's use of cash
collateral, the Debtor is offering to provide the Bank with a
replacement lien on the Debtor's accounts receivable generated post
petition through the use of the collateral of the Bank.

In the event the Court does not authorize the Debtor's use of cash
collateral, the Debtor believes it will be unable to maintain its
current business operations and propose a plan of reorganization as
contemplated by the U.S. Bankruptcy Code.  Without the use of cash
collateral, the Debtor will be seriously and irreparably harmed,
resulting in substantial losses to the Debtor's estate and its
respective creditors.

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

           http://bankrupt.com/misc/txwb17-70126-11.pdf

            About West Texas Bulldog Oilfield Services

Headquartered in Odessa, Texas, West Texas Bulldog Oilfield
Services, Inc., is an auto body parts supplier.  

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. W.D.
Tex. Case No. 17-70126) on July 17, 2017, estimating its assets at
between $100,000 and $500,000 and liabilities at between $1 million
and $10 million.  The petition was signed by Nicholas Solis,
member.

Judge Tony M. Davis presides over the case.

Jesse Blanco, Jr., Esq., at Jesse Blanco Attorney At Law, serves as
the Debtor's bankruptcy counsel.


WESTINGHOUSE ELECTRIC: Submits 5-Year Business Plan to DIP Lenders
------------------------------------------------------------------
Westinghouse Electric Company on July 31, 2017, disclosed that it
has reached a critical milestone in the Chapter 11 bankruptcy
process by submitting its five-year business plan to the company's
debtor-in-possession (DIP) financing lenders and the unsecured
creditors committee on July 27.

"We are proud to take this important next step.  Our five-year plan
provides Westinghouse stakeholders, including our employees,
customers and future investors, insight into how we will achieve
conservative, sustainable growth over the term," said President and
Chief Executive Officer Jose Emeterio Gutierrez.  "We have already
begun to align our operations to the plan and look forward to
moving through the Chapter 11 proceedings in a swift manner."

The plan integrates Westinghouse's strategic initiatives,
competitive landscape and market dynamics into a five-year
financial forecast.  Comprised of strategic transformation
initiatives resulting in savings of $205 million in run rate
earnings before interest, taxes, depreciation and amortization
(EBITDA) over the five-year term, the plan supports the successful
operation of the company's core businesses as well as the company's
New Projects Business.  One component of these savings will be
adjustment of the company's global headcount; for fiscal year 2017
this will be approximately seven percent.

This milestone is another significant step in Westinghouse's
successful emergence from its Chapter 11 bankruptcy.  Since filing
for Chapter 11 on March 29, 2017, Westinghouse has obtained
approval of an $800 million DIP financing package.  Westinghouse
has successfully negotiated a long-term services agreement with
Southern Nuclear Co., an owner of one of the two U.S. AP1000
nuclear power plant construction projects.

Earlier on July 31, the board of directors of Santee Cooper
declared that they will not support the continued construction of
the two Westinghouse AP1000 nuclear power plants currently under
construction at the V.C. Summer site in South Carolina, USA.

Westinghouse is disappointed by the decision as the significant
progress made on these two units -- demonstrated by the recently
completed installation of the entire nuclear steam supply system
(NSSS) -- will no longer go forward, limiting the ability of the
citizens of South Carolina to have access to safe, clean and
reliable energy.  Westinghouse will work with SCANA, a valued
customer, to determine the process under which safe and efficient
project close-out is undertaken.  Westinghouse will evaluate the
implications of this decision on its business plan and its
announced headcount adjustment in the normal course.

"While we respect Santee Cooper's decision, we are extremely
disappointed," said Jose Emeterio Gutierrez, Westinghouse president
and chief executive officer.  "The South Carolina economy is sure
to feel the negative impact of losing over five thousand
high-paying, long-term jobs, as well as not having available the
reliable, clean, safe and affordable energy these units would
provide.  Also, at a time when other nuclear plants are being
retired, the U.S. energy sector is sure to feel the stunting impact
of walking away from these two nuclear units."

Westinghouse applauds the steadfast work completed to date by the
project's team.  Meanwhile, the many benefits of the AP1000 plant
design, including its passive safety features and strong licensing
pedigree, continue to be recognized worldwide.  Work continues on
two AP1000 units at Georgia Power's Vogtle site, under a long-term
services agreement, and the world's first four AP1000 units are
nearing successful completion at the Sanmen and Haiyang sites in
China.

               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.


WESTINGHOUSE ELECTRIC: Wants to Move Plan Filing Period to Dec. 6
-----------------------------------------------------------------
Westinghouse Electric Company LLC and certain of its
debtor-affiliates request the U.S. Bankruptcy Court for the
Southern District of New York for a 90-day initial extension of
their Exclusive Periods to file and solicit acceptances of a
chapter 11 plan, through and including December 6, 2017, and
February 4, 2018, respectively.

The Debtors also request the Court to hold a hearing on their
Motion for Extension on September 7 at 11:00 a.m. Any responses or
objections to the Motion are due on August 31.

The Debtors relate that they commenced these cases to preserve and
reorganize around its profitable, core business and continue its
proud history as an American icon of ingenuity and a global leader
in nuclear technology while stemming the losses associated with the
construction components of its engineering, procurement, and
construction contracts for nuclear reactors with the owners of the
Vogtle Project in Georgia and VC Summer Project in South Carolina
(together, the "U.S. AP1000 Projects"). Less than four months from
the Petition Date, the Debtors claim they have made substantial
progress towards achieving these goals.

The Debtors contend that together with their advisors, they have
spent significant time since the Petition Date preparing a revised
business plan, which will be delivered to the DIP lenders and the
Committee by July 27, 2017. The Debtors claim that their business
plan is a necessary predicate for the Debtors to discuss
value-maximizing transactions, whether prior to or under a chapter
11 plan, with their key constituencies and potential investors.

The Debtors assert that these discussions will help the Debtors
create a path to emergence from chapter 11 that maximizes value for
creditors and ensures that Westinghouse technology and assets
continues as a dominant force in the nuclear industry.

Following their chapter 11 filings, the Debtors submit that they
have successfully stabilized Westinghouse's global businesses
together with their advisors, and with the significant assistance
afforded to them by the Court's approval of an $800 million
debtor-in-possession loan facility and authorization for the
Debtors to pay critical vendors, honor prepetition wages, salaries
and other benefits, and continue their existing cash management
system, among other things

The Debtors maintain that resolving the future of the U.S. AP1000
Projects has been a significant focus of their efforts since their
chapter 11 filings.

The Debtors relate that they have entered into interim assessment
agreements with the Project Owners -- Georgia Power Company, for
itself and as agent for the other joint owners (the "Vogtle
Owners"), and South Carolina Electric & Gas Company, for itself and
as agent for the South Carolina Public Service Authority (the "VC
Summer Owners") -- over the construction of Units 3 & 4 at the
Allen W. Vogtle Electric Generating Plant (the "Vogtle Project")
and Units 2 & 3 at the Virgil Summer Nuclear Generating Station
site near Columbia, South Carolina (the "VC Summer Project").
Pursuant to the assessment agreements, the Project Owners covered
the Debtors' costs for continued performance.

Following an extensive arms' length negotiations, the Debtors
mention that they have entered into a new services agreement with
the Vogtle Owners, which has been recently approved by the Court on
July 18, 2017, which, among other things, transitions
responsibility for the construction and management of the Vogtle
Project to the Vogtle Owners and provides that Westinghouse will
continue to provide access to the intellectual property necessary
to complete the Vogtle Project, as well as engineering,
procurement, and licensing support on a "cost-plus-fee" basis.
However, the Debtors contend that they are still continuing
discussions with the VC Summer Project Owners regarding the
projects in South Carolina.

Accordingly, the Debtors believe that the requested extension of
the Exclusive Periods will allow them to preserve and capitalize on
the initial progress achieved in the first months of the cases,
maintain a controlled restructuring environment, and focus their
resources to facilitate the resolution of these cases in accordance
with their stated chapter 11 goals.

              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.


WL MECHANICAL: Hearing on Disclosure Statement Set for Aug. 21
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Virginia is
set to hold a hearing on August 21, at 2:00 p.m., to consider
approval of the disclosure statement, which explains the Chapter 11
plan for WL Mechanical Corporation.

The hearing will take place at the Bankruptcy Court, Second Floor,
210 Church Avenue, Roanoke, Virginia.  Objections are due by August
14.

                 About WL Mechanical Corporation

WL Mechanical Corporation trading as Westlake Heating and Air
Conditioning, filed a Chapter 11 bankruptcy petition (Bankr. W.D.
Va. Case No. 17-70312) on March 9, 2017, disclosing less than $1
million in both assets and liabilities.

Judge Paul M. Black presides over the case.  The Debtor is
represented by Richard E. B. Foster, at Richard E. B. Foster,
PLLC.

On July 14, 2017, the Debtor filed a Chapter 11 plan and disclosure
statement.


                            *********

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 ***