TCR_Public/170914.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Thursday, September 14, 2017, Vol. 21, No. 256

                            Headlines

1325 VIRGINIA: Taps Caldwell & Riffee as Legal Counsel
417 RENTALS: Taps Berman DeLeve as Legal Counsel
492 HARVARD: Taps Van Dam Law as Legal Counsel
5 STAR INVT: Trustee's Sale of South Bend Property for $26K Okayed
8009 ROOSEVELT AVENUE: Foreclosure Auction of Real Property Held

AJUBEO LLC: Green House Buying All Assets for $1.95 Million
AMIGO PAT TEXAS: Hurricane Harvey Delays Reorganization Talks
ANVIL INT'L: Moody's Assigns B2 CFR; Outlook Stable
ANVIL INT'L: S&P Assigns 'B' Corp. Credit Rating, Outlook Stable
ASPEN COURT: Wants Exclusive Plan Filing Deadline Moved to Jan. 31

BADGER FINANCE: Moody's Assigns B3 Corporate Family Rating
BANK OF AMERICA: Moody's Puts Ba2 Preferred Stock Rating on Review
BARONG LLC: Unsecureds to be Paid from Net Proceeds from Sale
BCC SANDUSKY: Sets Sale Procedures for Sandusky Property
BCP RENAISSANCE: S&P Assigns B+ CCR & Rates Sr. Sec Term Loan B+

BERTELLI REALTY: Oct. 2 Auction of South Commons II Condo Units
BODLEY INVESTMENTS: Hires Riggs Abney Neal as Attorneys
BOSS REAL ESTATE: Full Payment Over 3 Years for Unsecured Creditors
BROWNIE TAXI: Taps Trenk DiPasquale as Legal Counsel
BUNGE LTD: Fitch Affirms BB+ Preference Shares Rating

CAPITOL CABLE: Sale of Property Approved
CHICAGO FIRE BRICK: Continental Not Allowed to Refile State Action
CINRAM GROUP: Wants Plan Filing Period Extended to Jan. 15
COLORADO PROPERTY: Taps Kutner Brinen as Bankruptcy Counsel
CONCHO RESOURCES: Moody's Hikes Unsec. Notes Rating to Ba1

D&D TREE SERVICE: Plan Confirmation Hearing on Oct. 4
DANCING WATERS: Sale of Governor's Point Property for $7M Approved
DANIEL BACANER: Sale of Memphis Property for $90K Approved
DECADE MERGER: Moody's Assigns B3 CFR; Outlook Stable
EASTGATE PROFESSIONAL: Case Summary & 20 Top Unsecured Creditors

ENLINK MIDSTREAM: Moody's Gives Ba3 to Series C Preferred Units
FACTORY SALES: Creditor Seeks Conversion, Appointment of Examiner
FOLTS HOME: Nursing Staffing Shortages Continues, PCO Says
FRIENDSHIP VILLAGE: Asks Court to Approve Disclosure Statement
GRACIOUS HOME: Needs More Time for Committee Talks, to File Plan

GRIFFIN OF LA: S&P Alters Outlook on 2011A-1 Revenue Bonds to Pos.
HANSELL/MITZEL: Seeks December 10 Plan Exclusivity Extension
HARTFORD CITY: Moody's Cuts General Obligation Debt Rating to Caa1
HELLENIC PROPERTY: Oct. 17 Plan Confirmation Hearing
HHGREGG INC: Court Approves Class Action Asset Sale Procedures

HUMANIGEN INC: Incurs $6.15 Million Net Loss in Second Quarter
JC FITS: Case Summary & 20 Largest Unsecured Creditors
KABBALAH TAXI: Taps Trenk DiPasquale as Legal Counsel
KAIROS LLC: Case Summary & 20 Largest Unsecured Creditors
LADDER CAPITAL: S&P Hikes ICR to 'BB' on Improved Funding Profile

MANIX HOLDINGS: Seeks to Hire Realtor to Sell Kissimmee Hotel
NOBLE LOGISTICS: Taps Ropes & Gray as Special Counsel
NOGALES INC: Foreclosure Auction Set for Sept. 19
NORTEL NETWORKS: E&Y to Sell Remaining IPv4 Addresses
NRG REMA: S&P Hikes Issuer Credit Rating to CCC-, Outlook Negative

NYLC LLC: Exclusive Plan Filing Deadline Moved to Dec. 19
OCALA FUNDING: Trustee's Sale of Mortgage Loans to ABS for $16M OKd
ONCOBIOLOGICS INC: Incurs $5.32 Million Net Loss in Third Quarter
P.E. O'HALLORAN: Case Summary & 20 Largest Unsecured Creditors
PEEKAY ACQUISITIONS: Committee Taps Cullen and Dykman as Counsel

PEEKAY ACQUISITIONS: Committee Taps DAK Group as Financial Advisor
PEEKAY ACQUISITIONS: Committee Taps Whiteford as Delaware Counsel
PEEKAY ACQUISITIONS: TLA's $30M Credit Bid to Open Oct. 17 Auction
PELICAN REAL: Orange's Bid to Open Sept. 27 Auction of TM 25 Pools
PHARMERICA CORP: Moody's Assigns B2 CFR; Outlook Stable

PHOENICIAN MEDICAL: Hires Carmichael & Powell as Counsel
PILGRIM'S PRIDE: Moody's Affirms Ba3 CFR; Outlook Stable
PROMETHEUS & ATLAS: Taps Signa Realty Group as Real Estate Broker
PUERTO RICAN PARADE: Needs Until Sept. 29 to File Chapter 11 Plan
RADIAN GROUP: Moody's Rates $400-Mil. Senior Notes Ba3

RADIAN GROUP: S&P Rates Senior Notes Due 2024 'BB+'
REDIGI INC: Taps Shraiberg Landau as Legal Counsel
ROCKY PINE: Case Summary & 20 Largest Unsecured Creditors
ROMEO'S PIZZA: Unsecureds to Recover 5% Over Five Years
SANTA ROSA ANIMAL: Plan Outline Okayed, Plan Hearing on Sept. 29

SEADRILL LTD: Case Summary & 50 Largest Unsecured Creditors
SEADRILL LTD: Files for Chapter 11 to Restructure $8-Bil. in Debt
SEADRILL LTD: Secures $1.06 Billion in New Capital Commitments
SEADRILL LTD: Soliciting Alternative Offers for $1B Capital Raise
SEADRILL LTD: Terms of Restructuring and Lock-Up Agreement

SEADRILL LTD: Three Entities Start Bermuda Proceedings
SEADRILL LTD: Unsec. Creditors to Get 15% of New Stock Under Plan
SEMGROUP CORP: Moody's Rates Proposed $300MM Sr. Unsec. Notes B3
SEMGROUP CORP: S&P Rates $300MM Senior Unsecured Notes 'B+'
SKY HARBOR: Plan Outline OK'd; Plan Confirmation Hearing on Oct. 24

SNOWBALL TAXI: Case Summary & Top Unsecured Creditors
STANFORD INTERNATIONAL: Claims Against Hunton & Williams Settled
STATE THEATRE OWNER: Culpeper Moviehouse Up for Auction Today
STEWART DUDLEY: Sets Auction Procedures for OCH Vehicle Collection
TALLGRASS ENERGY: Moody's Rates Proposed $500MM Unsec. Notes Ba3

TALLGRASS ENERGY: S&P Rates $500MM Senior Unsecured Notes 'BB+'
TD MANUFACTURING: Retention of Dickensheet as Auctioneer Approved
TEN-X LLC: S&P Assigns 'B' Corp Credit Rating & Stable Outlook
TERRAVIA HOLDINGS: Files Notice of Successful Bids
TRUE RELIGION: Unsecureds to Get $2.5MM from Loan, 6% Shares

VIKING CRUISES: Moody's Hikes Corporate Family Rating to B1
VITAMIN WORLD: Case Summary & 30 Largest Unsecured Creditors
VITAMIN WORLD: Enters Chapter 11, to Close 51 More Stores
WRESTLER TAXI: Taps Trenk DiPasquale as Legal Counsel
WYNIT DISTRIBUTION: Files for Ch.11, Funds Expected for Unsecureds

[^] Recent Small-Dollar & Individual Chapter 11 Filings

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1325 VIRGINIA: Taps Caldwell & Riffee as Legal Counsel
------------------------------------------------------
1325 Virginia Street, LLC seeks approval from the U.S. Bankruptcy
Court for the Southern District of West Virginia to hire legal
counsel in connection with its Chapter 11 case.

The Debtor proposes to employ Caldwell & Riffee to, among other
things, give legal advice regarding its duties under the Bankruptcy
Code; investigate avoidance actions; and give advice regarding any
potential sale of its property.

Caldwell will charge an hourly fee of $300 for its services.  The
firm received a retainer in the sum of $7,000 prior to the filing
of the case.

Joseph Caldwell, Esq., disclosed in a court filing that he and his
firm do not hold or represent any interest adverse to the Debtor's
estate or creditors.

The firm can be reached through:

     Joseph W. Caldwell, Esq.
     Caldwell & Riffee
     3818 MacCorkle Avenue, SE
     P.O. Box 4427
     Charleston, WV 25364
     (304) 925-2100 (Voice)
     (304) 925-2193 (Facsimile)
     Email: jcaldwell@caldwellandriffee.com

                About 1325 Virginia Street LLC

Based in Charleston, West Virginia, 1325 Virginia Street, LLC
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
S.D.W.V. Case No. 17-20457) on September 5, 2017.  Jonathan
Cavendish, member, signed the petition.  

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

Judge Frank W. Volk presides over the case.


417 RENTALS: Taps Berman DeLeve as Legal Counsel
------------------------------------------------
417 Rentals, LLC seeks approval from the U.S. Bankruptcy Court for
the Western District of Missouri to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to employ Berman, DeLeve, Kuchan & Chapman, LLC
to, among other things, give legal advice regarding its duties
under the Bankruptcy Code; examine claims of creditors; and prepare
a plan of reorganization.

Ronald Weiss, Esq., and Joel Pelofsky, Esq., the attorneys who will
be handling the case, will charge an hourly fee of $300.
Paralegals and document maintenance personnel will charge $100 per
hour and $50 per hour, respectively.

Berman received a retainer of $17,780, which includes a deposit of
$1,750 for the bankruptcy filing fee.  The Debtor paid the firm
$7,200 for the preparation of its bankruptcy case.

Mr. Weiss disclosed in a court filing that he and his firm are
"disinterested persons" as defined in section 101(14) of the
Bankruptcy Code.

Berman can be reached through:

     Ronald S. Weiss, Esq.
     Berman, DeLeve, Kuchan & Chapman, LLC
     1100 Main Street, Suite 2850
     Kansas City, MO 64105
     Tel: 816-471-5900
     Fax: 816-842-9955
     Email: rweiss@bdkc.com

                      About 417 Rentals LLC

Based in Brookline, Missouri, 417 Rentals, LLC is a privately held
company in the real estate rental service industry.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Mo. Case No. 17-60935) on August 25, 2017.
Christopher Gatley, its member, signed the petition.  

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


492 HARVARD: Taps Van Dam Law as Legal Counsel
----------------------------------------------
492 Harvard Residential LLC seeks approval from the U.S. Bankruptcy
Court for the District of Massachusetts to hire legal counsel.

The Debtor proposes to employ Van Dam Law LLP to give legal advice
regarding its duties under the Bankruptcy Code and provide other
legal services related to its Chapter 11 case.

The firm will charge an hourly fee of $350 for its services.

Michael Van Dam, Esq., disclosed in a court filing that he and
other members of his firm are "disinterested" as defined in section
101(14) of the Bankruptcy Code.

The firm can be reached through:

     Van Dam Law LLP
     233 Needham Street, Suite 540
     Newton, MA 02464
     Phone: 617-969-2900
     Fax: 617-964-4631
     Email: mvandam@vandamlawllp.com

               About 492 Harvard Residential LLC

492 Harvard Residential LLC sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Mass. Case No. 17-13353) on
September 7, 2017.   Judge Melvin S. Hoffman presides over the
case.

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

The Debtor previously sought Chapter 11 protection (Bankr. D. Mass.
Case No. 16-11127) on March 30, 2016.


5 STAR INVT: Trustee's Sale of South Bend Property for $26K Okayed
------------------------------------------------------------------
Judge Harry C. Dees, Jr. of the U.S. Bankruptcy Court for the
Northern District of Indiana authorized the private sale by Douglas
R. Adelsperger, Trustee of 5 Star Investment Group, LLC and
affiliates, of real estate commonly known as 2179 Hollywood Place,
South Bend, Joseph County, Indiana, to Brandon Arizpe for $26,000.


The sale of the Real Estate is "as is and where is and with all
faults," no representations or warranties of any kind, and free and
clear of any and all liens, encumbrances, claims or interests.

At closing, the Trustee is authorized to direct Meridian Title Co.
to disburse from the proceeds from the sale, first to pay the costs
and expenses of the sale, including the commission owed to the
Tiffany Group in the approximate sum of $1,300, second to pay all
real estate taxes and assessments outstanding and unpaid at the
time of closing, including the Tax Lien, and third to pay any other
special assessments liens, utilities, water and sewer charges and
any other charges customarily prorated in similar transactions.

The Trustee is authorized and directed to retain the excess
proceeds from the sale of the Real Estate until further order of
the Court.

Notwithstanding any provisions of the Bankruptcy Code or Bankruptcy
Rules, the Order will be effective and enforceable immediately upon
entry, and any stay thereof, including without limitation
Bankruptcy Rule 6004(h), is abrogated.

                  About 5 Star Investment Group

On Nov. 5, 2015, the U.S. Securities Exchange Commission ("SEC")
filed a complaint against Earl D. Miller, 5 Star Capital Fund, LLC
and 5 Star Commercial, LLC, in the United States District Court for
the Northern District of Indiana, Hammond Division ("SEC Action").

In its complaint, the SEC alleged that Miller, 5 Star Capital Fund,
and 5 Star Commercial defrauded at least 70 investors from whom
they raised funds of at least $3,900,000.  Additionally, on Nov. 5,
2015, the SEC obtained an ex parte temporary restraining Order,
asset freeze and other emergency relief in the SEC Action.

5 Star Investment Group, LLC, and its 10 affiliates owned by Eardl
D. Miller sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. N.D. Ind. Lead Case No. 16-30078) on Jan. 25, 2016.  5 Star
estimated its assets at up to $50,000 and its liabilities between
$1 million and $10 million.  The Debtors' counsel was Katherine C.
O'Malley, Esq., at Cozen O'Connor, in Chicago, Illinois.

The cases are assigned to Judge Harry C. Dees, Jr.

On Feb. 29, 2016, Douglas R. Adelsperger was appointed as Chapter
11 trustee in each of the bankruptcy cases.

On March 23, 2016, the Court entered an order consolidating the
bankruptcy cases for purposes of administration only.

On June 24, 2016, the Court entered its agreed order granting the
Trustee's Motion for substantive consolidation, substantively
consolidating the Debtors' bankruptcy cases for all postpetition
matters and purposes, effective as of the Petition Date, and
deeming that all assets and liabilities of the bankruptcy cases to
be consolidated into one bankruptcy estate, to be administered in
accordance with the Bankruptcy Code under the jurisdiction of the
Court ("Consolidated Bankruptcy Estate").

On July 21, 2016, the Court entered order granting application to
employ Tiffany Group Real Estate Advisors, LLC, as the bankruptcy
estates' broker.

The Trustee's attorneys:

         RUBIN & LEVIN, P.C.
         Meredith R. Theisen
         Deborah J. Caruso
         John C. Hoard
         James E. Rossow, Jr.
         Meredith R. Theisen
         135 N. Pennsylvania Street, Suite 1400
         Indianapolis, Indiana 46204
         Tel: (317) 634-0300
         Fax: (317) 263-9411
         E-mail: dcaruso@rubin-levin.net
                 johnh@rubin-levin.net
                 jim@rubin-levin.net
                 mtheisen@rubin-levin.net


8009 ROOSEVELT AVENUE: Foreclosure Auction of Real Property Held
----------------------------------------------------------------
CREIF 101 LLC, a New York limited liability company, will conduct
on September 13, 2017, at 9:30 a.m., on the steps of the Supreme
Court Building of the State of New York, 88-11 Sutphin Avenue,
Jamaica, New York, a public sale of the real property of 8009
Roosevelt Avenue LLC.

Proceeds of the sale will be used to pay off debt in the amount of
$1,622,500 that 8009 Roosevelt Avenue LLC owed to CREIF 101 LLC, as
lender.

The Lender has appointed Kim Carrino, licensed auctioneer, to
conduct the public sale.

The Loan Agreement was entered into by and among 8009 Roosevelt
Avenue LLC, Luciano Cirone as Pledgor, and the Lender.

CREIF is currently the owner and holder of all of the rights of the
lender under the Loan Agreement/

The Security shall be sold AS IS and WHERE IS, and all warranties
of quality, fitness, and merchantability are excluded.  The Lender
makes no representation or warranty as to (i) whether the
Collateral Entity owns any assets, (ii) the state or condition of
title of assets of the Collateral Entity, (iii) the physical,
financial, or environmental condition of assets of the Collateral
Entity, if any, (iv) the existence, validity, or amount of any
liens or claims senior or subordinate to the Loan, or (v) the value
of or income produced by any asset or entity. The Security will be
sold only as a block to a single purchaser and will not be split up
or broken down. The sale may be continued from time to time,
without further notice other than as given at the time of the
scheduled sale, at the sole and absolute discretion of Lender.

Prior to bidding, each interested bidder shall deposit $100,000 (in
immediately available funds by certified or bank check made payable
to Goldberg Weprin Finkel Goldstein LLP, as Attorneys) with the
Lender, with all deposits (except that of the highest bidder)
returned at the conclusion of the bidding process.  Cash deposits
will not be accepted. The deposit of the highest bidder shall be
non-refundable.

Within 24 hours of the conclusion of the bidding process, the
highest bidder will be required to increase its deposit (payable to
Lender) to 10% of its successful bid. If the highest bidder fails
to so increase its deposit within 24 hours, the $100,000 deposit
shall be forfeited and the Security, at the option of Lender, may
be sold to the next highest bidder. The balance of the bid payable
to Lender by certified or bank check, or by wire transfer at the
closing, shall take place within five calendar days of the public
auction, but may be continued to a later date at the sole
discretion of Lender.

If the highest bidder defaults upon the balance, its deposit is
forfeited and the Security, at the option of Lender, may be sold to
the next highest bidder. The Lender, either directly or indirectly
through nominees or assigns, reserves the right to bid at any such
sale without the necessity of tendering deposit, as required for
other bidders, to credit bid, and to take title to the Security, at
a closing to take place immediately after the public auction, or
such other date as the Lender shall elect in its sole discretion,
through one or more nominees or assigns.

For additional information respecting the Security (which
information shall be provided without representation or warranty)
and a copy of the Terms and Conditions of Bidding and Sale,
interested parties should contact attorneys for Lender, CREIF 101
LLC:

     Jonathan A. Ozarow, Esq.
     Goldberg Weprin Finkel Goldstein LLP
     1501 Broadway, 22nd Floor
     New York, New York 10036
     Tel: (212) 221-5700 (phone)
     Fax: (212) 221-6532
     E-mail: jozarow@gwfglaw.com


AJUBEO LLC: Green House Buying All Assets for $1.95 Million
-----------------------------------------------------------
Ajubeo, LLC, asks the U.S. Bankruptcy Court for the District of
Colorado to authorize the bidding procedures in connection with the
sale of substantially all assets to Green House Data, Inc., for
$1,945,798, subject to overbid at a proposed auction in October.

Ajubeo in August 2016 engaged the investment bank RCG, LLC (now
Drake Star Partners, LLC) to market the business for sale.  On Jan.
31, 2017, the Debtor signed a Letter of Intent ("LOI") with Green
House for the sale of substantially all of the Debtor's assets.
Prior to and after signing the January LOI, the Debtor suffered the
loss or nonrenewal of key customers, shortened renewal timeframes
from a key customer, and diminished prospects for new customer
additions.  This deterioration in business performance dampened the
Stalking Horse Bidder's interest in a transaction, and both parties
terminated their LOI in March 2017.

In July 2017, the Debtor reestablished dialogue with Green House
regarding a sale of the Debtor's assets, and signed a second LOI
with Green House on Aug. 10, 2017.  While the Debtor was in the
process of negotiating a definitive asset sale agreement with Green
House, one of the equipment lessors filed a lawsuit seeking, inter
alia, to seize the server equipment leased to the Debtor.  An
"order to show cause" hearing was scheduled for Aug. 25, 2017 at
10:00 a.m. (MT).  In order to prevent the lessors from seizing the
critical equipment and to preserve the going concern value of the
business, the Debtor filed for chapter 11 protection on the
Petition Date.

Following the Petition Date, the Debtor and Green House resumed
negotiations regarding a potential sale.  On Sept. 5, 2017 the
parties finalized the APA, pursuant to which the Debtor will sell
the Purchased Assets to Green House, subject to the competitive
bidding and auction process proposed.  The APA with Green House
does not prohibit the Debtor from marketing its assets pending
approval of the Motion.

The Debtor's assets consist primarily of accounts receivable, cash,
and intangible assets.  As of the Petition Date, the Debtor's
accounts receivable totaled $656,000 and its cash balance was
$6,500.  As of the date of the Motion, its accounts receivable
total $885,000 and its cash balance is $11,600.  The Debtor does
not own any real property.

The Debtor's assets also include certain server equipment purchased
from Hewlett-Packard Financial Services Co. pursuant to three
"Enterprise Business Lease Agreements" dated as of Sept. 3, 2015,
March 30, 2016, and June 23, 2016.  The HP Financing Agreements are
disguised security instruments rather than true leases, as, among
other reasons, each includes a nominal $1 buyout option upon
expiration of the "lease."  Accordingly, the equipment is property
of the Debtor, subject to HP's security interest, if any.  HP
failed to file a UCC financing statement naming the Debtor as
debtor, and thus its security interest, if any, in the equipment is
unperfected.

As of the Petition Date, the Debtor's liabilities consisted
primarily of (i) the secured claims of Silicon Valley Bank ("SVB")
and Integrity Capital Income Fund, Inc.; (ii) arrearages on
equipment leases; and (iii) unsecured trade debt.  Additionally, it
will shortly seek Court approval of a DIP Loan in the amount of
$298,000.

SVB holds a secured claim in the approximate amount of $630,000,
secured by substantially all assets of the Debtor (excluding
intellectual property) pursuant to that certain Loan and Security
Agreement, dated as of May 12, 2014 (as amended), and perfected
with a UCC Financing Statement filed on May 13, 2014.

Integrity also holds a secured claim against the Debtor.  Integrity
holds a claim in the approximate amount of $915,000, secured by
substantially all assets of the Debtor (excluding intellectual
property) pursuant to that certain Loan and Security Agreement,
dated as of Nov. 17, 2014 (as amended), and perfected with a UCC
Financing Statement filed on Dec. 17, 2014.

Pursuant to a Subordination Agreement by and among SVB, Integrity,
and the Debtor, Integrity has subordinated any security interest or
lien that it may have in any property of the Debtor to the security
interest or lien of SVB, notwithstanding the respective dates of
attachment or perfection of SVB's and Integrity's respective
security interests or liens.

The Debtor will shortly file a motion asking approval of a
postpetition financing agreement between the Debtor, as borrower,
and Green House, as lender.  If such agreement is approved by the
Court, Green House will provide postpetition financing in the
amount of up to $298,000.

The Debtor leases servers from Farnam Street Financial, Inc., HP,
Data Sales Co., Inc., and CSC Leasing Co. ("CSC").  As of the
Petition Date, the approximate arrearages owed to Farnam, HP, Data
Sales, and CSC under their respective equipment leases are
$886,823, $122,942, $17,501, and $63,391, respectively.

As of the Petition Date, the Debtor owed $415,000 to various
vendors and other trade creditors.  The Debtor's equity interests
are owned by Infrastructures Investors, LLC and Tom Whitcomb, who
own 2,000,000 Class A interests and 100,000 Class A interests,
respectively.

The Debtor proposes to sell substantially all of the Debtor's
assets to Green House Data or to a competing bidder that submits a
higher and better offer in accordance with the proposed bidding
procedures.

The salient terms of the Agreement:

    a. Stalking Horse Bidder: Green House Data, Inc.

    b. Purchase Price: $1,945,798, subject to adjustment based on
the Closing AR Amount and the November Revenue Amount, as set forth
in the APA

    c. Purchased Assets: Substantially all assets of the Debtor,
excluding the "excluded assets."

    d. Assumed Liabilities: (i) All Liabilities for Cure Costs,
(ii) the obligations of the Seller relating to the ownership or
operation of the Purchased Assets accruing after the Cut Off Time.

    e. Contracts to Be Assumed and Assigned: The Debtor will assume
and assign to the Stalking Horse Bidder the contracts listed on
Schedule 1.2(a) to the APA, subject to the Buyer's rights under the
APA to exclude any Assumed Contract until the Closing Date.

    f. Closing: If the 14-day stay of the Sale Order is waived, the
closing will occur within three business days after entry of the
Sale Order, or at such other time and place as the parties may
agree.

    g. Deposit: None

    h. Break-up Fee: 3% of the Purchase Price

    i. Expense Reimbursement: The Stalking Horse Bidder will be
reimbursed for its reasonable Professional Fees, up to a cap of
$50,000.

    j. Representations and Warranties:  Except as specifically set
forth in the APA, the Stalking Horse Bidder will accept the
Purchased Assets at Closing on an "as is, where is" basis.

    k. Termination: The Buyer will have the right to terminate the
APA if the Closing does not occur by the Outside Date.  The Buyer's
obligation to close the Sale is conditioned on, inter alia, the
absence of any Material Adverse Change.

The Bidding Procedures are intended to permit an expedited sale
process to ensure that there is no disruption in the Debtor's
operations pending closing of the sale, while simultaneously
fostering an orderly and fair sale process.  

The salient terms of the Bidding Procedures are:

    a. Bid Deadline: Oct. 23, 2017 at 5:00 p.m. (PMT)

    b. Overbidder's Deposit: $100,000

    c. Auction: The Auction will be conducted at the offices of
Brownstein Hyatt Farber Schreck LLP, 410 17th Street, Suite 2200,
Denver, Colorado on Oct. 27, 2017 at 9:00 a.m. (PMT).

    d. The bidding will start at the amount of the highest bid
submitted by a Qualified Overbidder, as determined by the Debtor.

    e. Bid Increments: $50,000

    f. If the Stalking Horse Bidder makes a Court-approved
postpetition loan ("DIP Loan") to the Debtor, then the Stalking
Horse will have the right to credit-bid any and all obligations
outstanding under the DIP Loan. If the Stalking Horse Bidder is not
the Successful Bidder, then all sale proceeds received by the
Debtor will be used first to repay the DIP Loan, if any, in full
prior to making any other payments or distributions on account of
any other claims or obligations.

    g. Sale Hearing: Oct. 30, 2017

To facilitate the sale of the Purchased Assets, the Debtor asks
authorization to sell the Purchased Assets free and clear of any
and all liens, encumbrances, and other interests, other than as
provided in the Motion and in the APA.

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

     http://bankrupt.com/misc/Ajubeo_LLC_60_Sales.pdf

The Stalking Horse Bidder has standing and is deemed to be a party
in interest with standing to be heard on any motion, hearing or
other matter related to the APA or any bid or other sale of the
Purchased Assets.  Except with respect to the Successful Bidder,
all Overbidder's Deposits will be returned within three business
days after the Auction concludes, or, if no Auction is held, within
three days after the Sale Hearing.

The Debtor asks authority to assume and assign the Assumed
Contracts to the Stalking Horse Bidder (or, in the event that the
Stalking Horse Bidder is not the Successful Bidder, such other
contracts and leases as are designated in the Successful Bidder's
bid).  The Debtor will, within two business days after the entry of
the Bidding Procedures Order, file and serve on each of the
non-debtor counterparties to the Contracts the Assignment Notice.
Objections, if any, to the proposed Cure Costs, or to the proposed
assumption and assignment of the Contracts must be file no later
than five business days prior to the Bid Deadline.  Within 24 hours
after the conclusion of the Auction, the Debtor will file the
Notice of Successful Bidder and Assumed Contracts.  The Debtor
will, within two business days of the entry of the Bidding
Procedures Order, serve upon all Notice Parties.

The Debtor asks the Court to waive the 14-day under the Bankruptcy
Rules 6004(h) and 6006(d).

                       About Ajubeo, LLC

Ajubeo, LLC -- https://www.ajubeo.com/ -- is a privately held
provider of internet infrastructure software and equipment.
Founded in 2011 and headquartered in Greater Denver Area in
Boulder, Colorado, Ajubeo serves clients all over the world with
datacenter hubs in Denver, New Jersey, Frankfurt, and Dusseldorf
Germany.

Ajubeo, LLC, filed a Chapter 11 petition (Bankr. D. Col. Case No.
17-17924) on Aug. 25, 2017.  The petition was signed by Jeff Kuo,
chairman of the Board of Managers.

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

Joshua M. Hantman, Esq., at Brownstein Hyatt Farber Schreck, LLP,
serves as counsel to the Debtor.


AMIGO PAT TEXAS: Hurricane Harvey Delays Reorganization Talks
-------------------------------------------------------------
Amigo PAT Texas LLC requests the U.S. Bankruptcy Court for the
Southern District of Texas for a 21-day extension of the exclusive
period to file a plan of reorganization through September 19, 2017,
as well as the period to obtain acceptances of a plan through
December 8, 2017.

The deadline to file proofs of claim was August 7, 2017, during
which time Polston Applied Technologies filed a proof of claim in
the amount of $4,258,015, which approximately doubled the amount of
unsecured claims against the Debtor.

Accordingly, the Debtor contends that it has been engaged in
ongoing and productive settlement conversations with Polston
Applied Technologies over the last month that were slightly delayed
due to Hurricane Harvey.  The Debtor further contends that the
Parties have re-engaged in negotiations.  While no agreement has
been reached and there is no assurance that a final deal will be
reached, the Debtor believes it would be more productive to
continue those negotiations rather than to file a plan that will
have to be amended in the next few weeks if a settlement is
reached.

                      About Amigo PAT Texas

Amigo PAT Texas LLC, based in Houston, Texas, provides industrial
and municipal cleaning services, along with video and sonar
inspection services.  Amigo PAT Texas filed a Chapter 11 petition
(Bankr. S.D. Tex. Case No. 17-32169) on April 7, 2017.  The Debtor
estimated $1 million to $10 million in both assets and liabilities
as of the bankruptcy filing.  Charles L. McDaniel, sole member and
manager, signed the petition.

The Hon. Jeff Bohm presides over the case.   Aaron J. Power, Esq.,
at Porter Hedges LLP, serves as bankruptcy counsel to the Debtor.


ANVIL INT'L: Moody's Assigns B2 CFR; Outlook Stable
---------------------------------------------------
Moody's Investors Service assigned a B2 corporate family rating and
B2-PD probability of default rating to Anvil International, LLC., a
manufacturer of piping system components. Concurrently, Moody's
assigned a B2 rating to Anvil's proposed $265 million senior
secured term loan due 2024. The ratings outlook is stable.

Proceeds from the new term loan will be used to refinance $187
million of existing debt and fund the acquisition of Grinnell
Mechanical for $42 million. As part of the company's new capital
structure, the company will also put in a place a new $35 million
asset-based revolver (unrated). Of note, Anvil was a reported
operating segment of Mueller Water Products ("Mueller) and was
carved out of Mueller when it was acquired in January 2017 by One
Equity Partners (OEP).

The following ratings were assigned:

  Corporate family rating, at B2

  Probability of default rating, at B2-PD

  $265 million senior secured term loan B due 2024, at B2 (LGD-4)

Outlook, Stable

RATINGS RATIONALE

Anvil's B2 corporate family rating reflects its small revenue base,
high leverage, degree of customer concentration and exposure to
cyclical end-markets. These factors are weighed against the
company's healthy free cash flow generation through economic
cycles, brand strength reflected in EBITDA margins exceeding 12%
with expectation of further improvement as well as long-term
customer relationships, product breadth and pricing leverage. The
company's relatively small revenue base (approximately $370
million), pro forma leverage at transaction close exceeding 4.5x
(excluding synergies) and exposure to energy markets (currently
comprises 5% of revenues, down from close to 20% three years ago)
makes it more susceptible to variances in operating results. The
ratings incorporate the expectation that financial leverage will
improve and approach 4.0 times (on a Moody's standard adjusted
basis) over the next twelve to eighteen months. Maintaining this
level of financial leverage at the B2 CFR provides a degree of
cushion given the cyclicality in the company's end-markets that
have historically led to meaningful variances in EBITDA levels.
Positively, the company has a history of continued free cash flow
generation in the midst of economic down cycles.

Anvil is anticipated to have an adequate liquidity profile over the
near-term supported by expected healthy free cash flow generation,
balance sheet cash and availability under a $35 million asset based
revolving credit facility. Moody's anticipates that, consistent
with recent performance, Anvil should continue to generate healthy
free cash flow. As such, the committed amount of the asset based
revolving credit facility, expected to be unfunded at closing,
should remain largely available over the near-term. The proposed
refinancing increases the company's operational flexibility by not
containing any financial ratio maintenance covenants. However a
springing cash dominion provision does apply to the company's
asset-based revolver.

The stable outlook is based on Moody's expectations that Anvil will
improve financial leverage as measured by debt/EBITDA to below 4.5
times while maintaining healthy EBITDA margins and the sustainment
of an adequate liquidity profile.

An upgrade would be considered if the company achieves greater
revenue scale through consistent organic revenue and earnings
growth with financial leverage sustained below 3.5 times, free cash
flow to debt improving to the high single digits and operating
margins sustained above 10%, respectively.

Moody's could lower the ratings if the company experiences
integration challenges, revenues come under pressure and/or
adjusted leverage weakens towards 5.5 times or if free cash flow to
adjusted debt falls below 5%.

The principal methodology used in these ratings was Global
Manufacturing Companies published in June 2017.

Anvil International manufactures and sources a broad range of
products, including a variety of fittings, couplings, hangers,
valves and related products for use in nonresidential construction
(including HVAC and fire protection applications), industrial,
power and oil & gas end markets. The company is a carve-out from
Mueller Water Products and is now owned by private equity sponsor
One Equity Partners. Revenues for the LTM period ended June 30,
2017 pro forma revenues approximated $370 million.


ANVIL INT'L: S&P Assigns 'B' Corp. Credit Rating, Outlook Stable
----------------------------------------------------------------
S&P Global Ratings assigned its 'B' corporate credit rating Anvil
International LLC. 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 proposed $265 million term
loan B due 2024. The '3' recovery rating indicates our expectation
for meaningful (50%-70%; rounded estimate 50%) recovery for lenders
in the event of a payment default.

"Our 'B' corporate credit rating on Anvil reflects our expectation
that the company will maintain an adjusted debt-to-EBITDA ratio of
between 5x and 6x and an FFO-to-adjusted debt ratio of between 10%
and 12% over the next 12 months, which should provide some cushion
for the company to pursue bolt-on acquisitions.

"The stable outlook on Anvil reflects our expectation for
relatively favorable market conditions that will allow the company
to reduce leverage to the 5x area and FFO to total debt in the
low-teen area by the end of 2018. These credit measures are
supported by our expectation for modest revenue growth due to
improvement in unit volumes as well as the full-year contribution
for acquisitions completed in 2017. We also expect a modest
improvement in the company's profitability from the realization of
synergies associated with the Grinnell Mechanical acquisition.

"We could lower our rating on Anvil by one notch if the company's
operating performance declines, potentially due to lower demand for
piping system components, the loss of key customers, or if the
company experiences difficulty integrating bolt-on acquisitions
such that it sustains an adjusted debt-to-EBITDA ratio of more than
6.5x. We could also lower our rating if the company pursues
debt-financed acquisitions or shareholder returns that increase its
leverage above 6.5x on a sustained basis.

"Although unlikely over the next 12 months, we could raise our
rating on Anvil by one notch if the company significantly increases
its revenue base and expands its margins in line with those of its
larger manufacturing peers. We could also raise the rating if we
expect Anvil's total debt-to-EBITDA ratio will remain below 5x over
the economic cycle and believe the company is committed to
maintaining financial policies that will support this level of
leverage."


ASPEN COURT: Wants Exclusive Plan Filing Deadline Moved to Jan. 31
------------------------------------------------------------------
Aspen Court, LLC, asks the U.S. Bankruptcy Court for the Northern
District of Illinois to extend the periods wherein the Debtor can
exclusively file a plan of reorganization and solicit acceptance of
the Plan, to and including Jan. 31, 2018, and March 31, 2018,
respectively.

A hearing to consider the Debtor's request is set for Sept. 19,
2017, at 10:00 a.m.

Pursuant to Section 1121(b) of the U.S. Bankruptcy Code, the Debtor
holds the exclusive right to file a Plan through and including
Sept. 21, 2017, and, pursuant to Section 1121(c)(3) of the
Bankruptcy Code, the Debtor holds the exclusive right to obtain
acceptances of its Plan through and including Nov. 21, 2017.  No
prior extensions of the Exclusive Periods in this Chapter 11 case
have been requested by the Debtor or granted by the Court.

The Debtor tells the Court that it has been diligently pursuing the
administration of this Chapter 11 case with a view toward
formulating a prompt exit strategy.  The Debtor assures the Court
that the secured interests of the various lenders are adequately
protected and will remain adequately protected throughout the
duration of this Chapter 11 case.

The Debtor says it is aggressively pursuing refinancing
possibilities from multiple sources that would provide funds to
pay-off the lenders' secured claims in whole or in part.  As a
secondary strategy, the Debtor is also exploring several
opportunities for the sale of the properties.  Several interested
parties have signed confidentiality agreements and have undertaken
significant due diligence relating to the possibilities of
refinancing or sale.  One potential new lender has even obtained an
appraisal at its own cost in furtherance of its interest in making
a loan to the Debtor.

The Debtor has also entered into adequate protection agreements
with Commerce Bank and Old Second that provide the Debtor with a
standstill from these mortgage lenders so as to enable the Debtor
to continue with its efforts at formulating an exit strategy from
this Chapter 11 case.

                        About Aspen Court

Aspen Court, L.L.C. -- http://www.aspencourtwiu.com/-- owns an
apartment community located at 1507 W. Jackson Street Macomb,
Illinois 61455, with four convenient locations within walking
distance to the Western Illinois University Campus.  Aspen Court
offers floor plans that accommodate all types of residents.  It is
the only apartment community in Macomb to offer 1, 2, and 3 bedroom
apartments and 4 bedroom townhomes.  Each apartment has a bathroom
for every bedroom.  Its complex has just recently been constructed
and contains all of the newest construction and communication
technology.  Every apartment comes with High-Speed Fiber Optic
Internet included with data jacks in every bedroom and living
room.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. N.D.
Ill. Case No. 17-16064) on May 24, 2017, estimating its assets and
liabilities at between $10 million and $50 million each.  The
petition was signed by Jonathan Sauser as member and designated
representative.

Judge Timothy A. Barnes presides over the case.  David K Welch,
Esq., at Crane, Heyman, Simon, Welch & Clar serves as the Debtor's
bankruptcy counsel.


BADGER FINANCE: Moody's Assigns B3 Corporate Family Rating
----------------------------------------------------------
Moody's Investors Service has assigned a first-time B3 Corporate
Family Rating and B3-PD Probability of Default Rating to Badger
Finance, LLC. Moody's also has assigned a B3 rating to the
company's proposed $250 million seven-year senior secured term
loan. Proceeds from the term loan, together with a $291 million
cash equity investment from Blackstone, will be used to fund a $389
million buyout of existing shareholders, repay existing net debt of
$111 million and facilitate growth capital investments. The ratings
outlook is stable.

The following ratings were assigned:

Badger Finance, LLC:

Corporate Family Rating at B3;

Probability of Default Rating at B3-PD;

$250 million senior secured term loan B due 2024 at B3 (LGD4).

The outlook on all ratings is stable.

RATINGS RATIONALE

The B3 Corporate Family Rating reflects Trilliant's small scale
relative to its competitors and peers, high financial leverage and
limited cash flow over the next year due to large capital
investments in new adjacent business lines. In addition, the rating
reflects Trilliant's single-plant manufacturing concentration and
limited operating history. These credit challenges are balanced
against key strengths including the company's rapid sales growth,
attractive EBITDA margins in excess of 20%, and a favorable growth
outlook supported by the expanding coffee category and the
company's recent successes in winning new business through
competitive bidding. Core to the company's success is its fully
integrated manufacturing process -- from coffee procurement to
high-speed coffee pod production -- that has enabled its
low-cost-production strategy.

Moody's expects that pro forma debt/EBITDA will be approximately
5.5x at closing later this month. Free cash flow will likely be
negative through the first quarter of 2018, when the company
expects to complete planned growth capital investments, and should
be positive thereafter.

Ratings could be upgraded if Trilliant sustains sales and earnings
growth, successfully executes new platform launches, and sustains
debt/EBITDA below 5.0x. Trilliant would also need to generate
consistently positive free cash flow to warrant an upgrade.

Ratings could be downgraded if operating performance weakens,
liquidity deteriorates, or if debt/EBITDA is sustained above 6.0x.

Based in Little Chute, Wisconsin, Badger Finance, LLC is an
intermediate holding company of Trilliant Food and Nutrition, LLC.
and affiliated companies. The company is primarily a US
manufacturer of private label single serve coffee pods. Moody's
estimates Trilliant's sales over the next year at between $200
million and $250 million.

The principal methodology used in these ratings was Global Packaged
Goods published in January 2017.


BANK OF AMERICA: Moody's Puts Ba2 Preferred Stock Rating on Review
------------------------------------------------------------------
Moody's Investors Service has put on review for upgrade all of the
long-term ratings and counterparty risk assessments of Bank of
America Corporation (BAC) and its subsidiaries, including its
principal bank subsidiary, Bank of America N.A. (BANA). Moody's
also affirmed all Bank of America entities' short-term ratings.

RATINGS RATIONALE

The review is driven by the recent improvements to BAC's
profitability and management's commitment to a conservative risk
profile, both of which provide additional support for Moody's
expectation that the bank's profitability will be sustained at
higher and less volatile levels going forward.

Moody's noted that BAC's profitability has improved steadily over
the last two years. The earnings drag from BAC's legacy mortgage
servicing and litigation matters has receded, and the bank's
expense-management initiatives are continuing to bear tangible
results. Higher interest rates have also provided a boost to
earnings at BAC, which continues to have the most asset-sensitive
balance sheet among its rated US peers. The rating agency believes
that sustainably stronger profitability would be positive for the
bank's creditors. During the review Moody's will assess the
likelihood and sustainability of further improvements in BAC's
profitability, and in particular the impact of higher deposit
beta's on BAC's future profitability.

The review will also consider the sustainability of the more
conservative risk profile which BAC has adopted relative to many of
its peers. Evidence of BAC's more conservative risk profile
includes the greater resiliency of its performance under the
Federal Reserve's severely adverse stress tests as well as the
firm's more cautious approach to loan growth than many of its peers
in the context of low nominal US GDP growth. However,
notwithstanding BAC's improving profitability, Moody's believes
BAC's return on equity could remain below its cost of capital for
some time, generating greater shareholder pressure which could lead
management to increase its risk profile going forward. This would
be negative for the bank's creditors.

Moody's also noted that BAC's credit profile has been strengthened
by recent improvements to its capital position. BAC's capital
payouts have been more conservative than peers over the last few
years, allowing the firm to build capital. However, Moody's expects
BAC's payouts to shareholders to increase going forward, subject to
Federal Reserve approval. Higher payouts could result in some
deterioration in BAC's capital position. The review will consider
the bank's capital management plans in order to assess the impact
on bank creditors of higher payouts in the future.

BAC's liquidity metrics remain strong, and the review incorporates
Moody's expectation that they will hold steady at current levels.

WHAT COULD MOVE THE RATINGS UP/DOWN

BAC's ratings could be upgraded if the bank were to generate
sustainable profitability greater than a 0.8% return on tangible
assets without increasing its risk profile or reducing its
liquidity or capital ratios materially. A key component of this
will be maintenance of a conservative risk profile, reduced
earnings volatility, as well as absence of major litigation or
other sizeable operational risk charges or control failures.

Given that Bank of America's long-term ratings are currently under
review for upgrade, a downgrade of the ratings is unlikely.
However, upward pressure on the ratings would be reduced if the
bank experiences a significant deterioration in its capital or
liquidity levels relative to peers and targets, demonstrates a
marked increase in its risk appetite, or experiences a major
litigation or other sizeable operational risk charge or control
failure.

The following ratings are on review for upgrade:

Issuer: Bank of America Corporation

-- Issuer Rating, currently Baa1, Rating under Review from
    Positive

-- Senior Unsecured Regular Bond/Debenture, currently Baa1,
    Rating under Review from Positive

-- Senior Unsecured Medium-Term Note Program, currently (P)Baa1

-- Senior Unsecured Shelf, currently (P)Baa1

-- Senior Subordinated Regular Bond/Debenture, currently Baa3

-- Subordinate Regular Bond/Debenture, currently Baa3

-- Subordinate Medium-Term Note Program, currently (P)Baa3

-- Subordinate Shelf, currently (P)Baa3

-- Junior Subordinated Shelf, currently (P)Ba1

-- Preferred Shelf, currently (P)Ba1

-- Preferred Shelf Non-Cumulative, currently (P)Ba2

-- Preferred Stock Non-cumulative, currently Ba2 (hyb)

-- Outlook, Changed To Rating Under Review From Positive

Issuer: Bank of America, N.A.

-- Long Term Deposit Rating, currently A1, Rating under Review
    from Positive

-- Issuer Rating, currently A1, Rating under Review from Positive

-- Senior Unsecured Regular Bond/Debenture, currently A1, Rating
    under Review from Positive

-- Senior Unsecured Bank Note Program, currently (P)A1

-- Subordinate Bank Note Program, currently (P)A2

-- Subordinate Regular Bond/Debenture, currently A2

-- Counterparty Risk Assessment, currently A1(cr)

-- Adjusted Baseline Credit Assessment, currently baa2

-- Baseline Credit Assessment, currently baa2

-- Outlook, Changed To Rating Under Review From Positive

Issuer: B of A Issuance B.V.

-- Backed Senior Unsecured Regular Bond/Debenture, currently
    Baa1, Rating under Review from Positive

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC Capital Trust VI

-- Backed Preferred Stock, currently Ba1 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC Capital Trust VII

-- Backed Preferred Stock, currently Ba1 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC Capital Trust XI

-- Preferred Stock, currently Ba1 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC Capital Trust XIII

-- Backed Preferred Stock Non-cumulative, currently Ba2 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC Capital Trust XIV

-- Backed Preferred Stock Non-cumulative, currently Ba2 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC Capital Trust XV

-- Preferred Stock, currently Ba1 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC North America Holding Company

-- Preferred Stock Non-cumulative, currently Ba2 (hyb)

-- Backed Preferred Stock Non-cumulative, currently Ba2 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC AAH Capital Funding LLC I

-- Backed Pref. Stock Non-cumulative, currently Ba2 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC AAH Capital Funding LLC II

-- Backed Pref. Stock Non-cumulative, currently Ba2 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC AAH Capital Funding LLC III

-- Backed Pref. Stock Non-cumulative, currently Ba2 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC AAH Capital Funding LLC IV

-- Backed Pref. Stock Non-cumulative, currently Ba2 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC AAH Capital Funding LLC IX

-- Backed Pref. Stock Non-cumulative, currently Ba2 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC AAH Capital Funding LLC V

-- Backed Pref. Stock Non-cumulative, currently Ba2 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC AAH Capital Funding LLC VI

-- Backed Pref. Stock Non-cumulative, currently Ba2 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC AAH Capital Funding LLC VII

-- Backed Pref. Stock Non-cumulative, currently Ba2 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC AAH Capital Funding LLC X

-- Backed Pref. Stock Non-cumulative, currently Ba2 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC AAH Capital Funding LLC XI

-- Backed Pref. Stock Non-cumulative, currently Ba2 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC AAH Capital Funding LLC XII

-- Backed Pref. Stock Non-cumulative, currently Ba2 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC AAH Capital Funding LLC XIII

-- Backed Pref. Stock Non-cumulative, currently Ba2 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: LaSalle Bank N.A.

-- Backed Senior Unsecured Deposit Note, currently A1, Rating
    Under Review From Positive

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: LaSalle Funding LLC

-- Backed Senior Unsecured Regular Bond/Debenture, currently
    Baa1, Rating Under Review From Positive

-- Backed Senior Unsecured Shelf, currently (P)Baa1

-- Backed Senior Unsecured Medium-Term Note Program, currently
    (P)Baa1

-- Backed Subordinate Shelf, currently (P)Baa3

-- Outlook, Changed To Rating Under Review From Positive

Issuer: Bank of America, N.A. (Sydney Branch)

-- Senior Unsecured Regular Bond/Debenture, currently A1, Rating
    under Review from Positive

-- Senior Unsecured Medium-Term Note Program, currently (P)A1

-- Subordinate Medium-Term Note Program, currently (P)A2

-- Counterparty Risk Assessment, currently A1(cr)

-- Outlook, Changed To Rating Under Review From Positive

Issuer: Bank of America, N.A., London Branch

-- Senior Unsecured Deposit Program, currently (P)A1

-- Counterparty Risk Assessment, currently A1(cr)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BA Australia Limited

-- Backed Senior Unsecured Medium-Term Note Program, currently
    (P)A1

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BankAmerica Capital III

-- Backed Preferred Stock, currently Ba1 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BofA Finance LLC

-- Backed Senior Unsecured Regular Bond/Debenture, currently
    Baa1, Rating under Review from Positive

-- Backed Senior Unsecured Shelf, currently (P)Baa1

-- Backed Senior Unsecured Medium-Term Note Program, currently
    (P)Baa1

-- Outlook, Changed To Rating Under Review From Positive

Issuer: Countrywide Financial Corporation

-- Backed Senior Unsecured, currently Baa1, Rating Under Review
    From Positive

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: Countrywide Capital III

-- Backed Preferred Stock, currently Ba1 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: Countrywide Capital V

-- Backed Preferred Stock, currently Ba1 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: FleetBoston Financial Corporation

-- Backed Subordinate, currently Baa3

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BankBoston Capital Trust III

-- Backed Preferred Stock, currently Ba1 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BankBoston Capital Trust IV

-- Backed Preferred Stock, currently Ba1 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: Fleet Capital Trust V

-- Backed Preferred Stock, currently Ba1 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: MBNA Capital B

-- Backed Preferred Stock, currently Ba1 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: Merrill Lynch & Co., Inc.

-- Backed Senior Unsecured Bond/Debenture, currently Baa1, Rating
under Review from Positive

-- Backed Subordinate Regular Bond/Debenture, currently Baa3

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: BAC Canada Finance Company

-- Backed Senior Unsecured Regular Bond/Debenture, currently
    Baa1, Rating under Review from Positive

-- Backed Senior Unsecured Shelf, currently (P)Baa1

-- Backed Senior Unsecured Medium-Term Note Program, currently
    (P)Baa1

-- Backed Subordinated Medium-Term Note Program, currently
    (P)Baa3

-- Outlook, Changed To Rating Under Review From Positive

Issuer: ML Reinsurance Solutions Ltd

-- Issuer Rating, currently Baa2, Rating Under Review From
    Positive

-- Outlook, Changed To Rating Under Review From Positive

Issuer: Merrill Lynch S.A.

-- Backed Senior Unsecured Regular Bond/Debenture, currently
    Baa1, Rating Under Review From Positive

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: Merrill Lynch Capital Trust I

-- Backed Preferred Stock, currently Ba1 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: Merrill Lynch Capital Trust III

-- Backed Preferred Stock, currently Ba1 (hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: Merrill Lynch Credit Reinsurance Ltd.

-- Issuer Rating, currently Baa2, Rating under Review from
    Positive

-- Outlook, Changed To Rating Under Review From Positive

Issuer: Merrill Lynch International & Co. C.V.

-- Backed Senior Unsecured Medium-Term Note Program, currently
    (P)Baa1

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: Merrill Lynch Japan Finance GK

-- Backed Senior Unsecured Medium-Term Note Program, currently
    (P)Baa1

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: Merrill Lynch Preferred Capital Trust IV

-- Backed Preferred Shelf, currently (P)Ba1

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: Merrill Lynch Preferred Funding IV, L.P.

-- Backed Preferred Shelf, currently (P)Ba1

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: Merrill Lynch Preferred Funding V, L.P.

-- Backed Preferred Shelf, currently (P)Ba1

-- Outlook, Changed To Rating Under Review From No Outlook

Issuer: NB Capital Trust III

-- Backed Preferred Stock, currently Ba1(hyb)

-- Outlook, Changed To Rating Under Review From No Outlook

The following ratings are being affirmed:

Issuer: Bank of America Corporation

-- Commercial Paper, at P-2

-- Other Short Term, at (P)P-2

Issuer: Bank of America, N.A.

-- Short Term Deposit Rating, at P-1

-- Short Term Bank Note Program, at (P)P-1

-- Commercial Paper, at P-1

-- Short Term Counterparty Risk Assessment, at P-1(cr)

Issuer: Bank of America, N.A. (Sydney Branch)

-- Short Term Counterparty Risk Assessment, at P-1(cr)

-- Commercial Paper, at P-1

Issuer: Bank of America, N.A., London Branch

-- Senior Unsecured Deposit Program, at (P)P-1

-- Commercial Paper, at P-1

-- Short Term Counterparty Risk Assessment, at P-1(cr)

Issuer: BA Australia Limited

-- Backed Other Short Term, Affirmed (P)P-1

Issuer: Merrill Lynch International & Co. C.V.

-- Backed Other Short Term, at (P)P-2

Issuer: Merrill Lynch Japan Finance GK

-- Backed Other Short Term, at (P)P-2

The principal methodology used in these ratings was Banks published
in January 2016.


BARONG LLC: Unsecureds to be Paid from Net Proceeds from Sale
-------------------------------------------------------------
Barong, LLC, et al., filed with the U.S. Bankruptcy Court for the
District of Colorado a joint disclosure statement to accompany the
Debtor's amended joint plan of reorganization dated Aug. 28, 2017.

General unsecured claims are impaired by the Plan.  Allowed
unsecured claims will be paid from the net proceeds from the sale
of the Barong, LLC and Sisu Too, LLC real property on a pro-rata
basis.  Interest will accrue at the rate of 3% per annum if claims
are paid in full.

Funding of the Plan will be derived from the sale of Barong and
Sisu Properties.

A copy of the Disclosure Statement is available at:

           http://bankrupt.com/misc/cob17-14551-78.pdf

                        About Barong LLC

Barong LLC, SiSu Too LLC and SM Property Holdings, LLC, filed
Chapter 11 petitions (Bankr. D. Colo. Lead Case No. 17-14551) on
May 16, 2017.  The petitions were signed by Shaon Mou, manager.

At the time of the filing, Barong and SM Property estimated $1
million to $10 million in both assets and liabilities.  SiSu Too
estimated less than $1 million in assets and $1 million to $10
million in liabilities.  

Kutner Brinen, P.C., serves as bankruptcy counsel.

Barong, Sisu and SM Property are Colorado limited liability
companies.  Barong and Sisu are landlords for real property in
Vail, Colorado.  SM Property is a landlord for a real property
located in Avon, Colorado.


BCC SANDUSKY: Sets Sale Procedures for Sandusky Property
--------------------------------------------------------
Richard D. Nelson, the Chapter 11 trustee for BCC Sandusky
Permanent, LLC, asks the U.S. Bankruptcy Court for the Northern
District of Ohio to authorize the sale procedures in connection
with the sale of all parcels of the Debtor's real property,
commonly known as part of the Crossings of Sandusky: (i) 712
Crossing, Perkins Township, Sandusky, Ohio - Parcel No.
32-02006.004; (ii) 715 Crossing, Perkins Township, Sandusky, Ohio -
Parcel No. 32-03439.007; (iii) 5203 Milan, Perkins Township,
Sandusky, Ohio - Parcel No. 32-03439.003; and (iv) 5205 Milan,
Perkins Township, Sandusky, Ohio - Parcel No. 32-03439.002.

The assets owned by the Debtor on the Petition Date included
ownership of Property for which the Trustee proposes to sell free
and clear of all liens claims and encumbrances.

By Order of the Hamilton County Court of Common Pleas, George W.
Fells was given managerial and voting authority of the membership
interest of Timothy S. Baird in the Debtor which represent 41.25 %
of the membership interests in the Debtor.  Thus, Fells and Matthew
Daniels were co-managers of the Debtor.  Fells and Daniels each
respectively hold/have authority over a 41.25% interest in the
Debtor.

There are six additional members holding minority interests in
Debtor.  The Debtor's business operations involve leasing the
structures and the land to the various retail business
establishments that operate at the Property, including national
retailers such as Home Depot, Jo-Ann Fabrics, and Petco.  

There are currently 13 tenants that lease space at the Property
from the Debtor and who occupy 92.17% of the total space available
for lease.  The Trustee recently leased one space consisting of
approximately 13,500 square feet, on a short term seasonal basis,
to Party City Retail Group which will end on Nov. 22, 2017.  There
is currently only one space, consisting of 1,940 square feet,
vacant.

The Property may be encumbered by these known alleged mortgages
and/or encumbrances:

          a. Open End Mortgage and Security Agreement dated March
22, 2007 of The Bank of New York Mellon Trust Company National
Association (formerly known as The Bank of New York Trust Co.,
National Association), As Trustee for Morgan Stanley Capital Inc.,
Commercial Mortgage Pass-Through Certificates, Series 2007 IQ14
("Lender") premised on Note dated March 22, 2007.

          b. Assignment of Leases and Rents dated March 22, 2017 in
favor of Lender.

          c. The U.C.C. Financing Statement in favor of Lender
encumbering interest in substantially all personal property,
tangible and intangible, pursuant to financing statement filed in
State of Ohio Doc. No. 200708600870.

          d. Randall J. Goodman, 2533 Cedar Road, Suite 305,
Lyndhurst, Ohio may claim an interest in the Property.

          e. Goodman Real Estate Services Group, LLC, 2533 Cedar
Road, Suite 305, Lyndhurst, Ohio 44214 may claim an interest in the
Property.

          f. Any applicable real property taxing authority; namely,
Pam Ferrell, Treasurer Erie County, Ohio, 247 Columbus Avenue,
Suite 115, Sandusky, Ohio.

In preparation for the filing of the Motion, the Trustee has filed
an application to retain Cushman & Wakefield U.S., Inc., as his
sole real estate broker for the purposes of marketing and selling
the Property under the terms of the listing agreement which remains
pending before the Court.  The Trustee, with the assistance of the
Broker (if permitted by the Court), proposes to conduct a sale of
the Property.  In an exercise of his business judgment, it is the
opinion of the Trustee that a sale conducted in accordance with the
terms set forth, will obtain the best obtainable price for the
Property and thus be in the best interest of the bankruptcy estate.
  

The Trustee and the Broker have established an extensive marketing
process to ensure maximum effective market saturation which has
already begun.  The marketing process will be digital via direct
email to over 5,000 contacts.  Then the Property will be posted on
all of the online websites that specialize in exposing properties
to the market, including CREXi, Costar, Loopnet and Xceligent.  C&W
will print high quality Offering Memorandums of the Property and
mail them to the top 100 prospects.  Once the first email blast and
hard copy Offering Memorandums have been sent to the buyers, the
Broker will be on the phone aggressively reaching out to all the
buyers who have visited the websites or have been sent packages.
Furthermore, the Broker will also be calling owners in the area as
well as any others that own similar properties throughout the
Midwest.  The Marketing Procedures will clearly set forth the
manner of the sale, the date and time thereof, and the requirements
for bidding on the Property.

The Trustee is proposing the Bid Procedures as the procedures most
likely, in the shortest amount of time, to maximize value for the
benefit of the relevant Debtor's estate, creditors and other
parties in interest.

The salient terms of the Bid Procedures are:

          a. Initial Bid Deadline: Sept. 19, 2017 at 6:00 p.m.
(PET).  Each Initial Bid shall be required to be on a form of
Letter of Intent.

          b. Final Round of Competitive Bidding: Sept. 20, 2017 at
6:00 p.m. (PET)

          c. Final Bid Deadline: Sept. 22, 2017 at 6:00 p.m. (PET)

          d. Credit Bid Deadline: Sept. 26, 2017 at 6:00 p.m.
(PET)

          e. Deposit: 2% of the prevailing bid

          f. Closing Date: Nov. 30, 2017

          g. Immediately following the Credit Bid Deadline, the
Trustee will review the Final Bids and will, in his sole discretion
and in consultation with Broker, determine which Final Bid of a
Qualifying Bidder is the highest and best offer.

          h. Due Diligence Deadline:  The Prevailing Purchaser will
have 30 days from the date of its notification of its selection as
the holder of the Prevailing Bid to complete its due diligence on
the Property or waive same.

          i. Sale Hearing: Nov. 10, 2017

          j. In the event of failure of both the Prevailing
Purchaser and the Backup Prevailing Purchaser to close the
transaction, Trustee, in consultation with the Lender, will decide
what steps are best to move the case forward with respect to the
disposition of the Property.

The Property may be and/or is subject to liens held by the Lien
Holders holding valid Encumbrances.  The Encumbrances of the Lien
Holders holding such valid security interests in the Property will
attach to the net proceeds of the Property.  Notwithstanding, in
the event the Prevailing Purchaser is the Lender and the Credit Bid
is the Prevailing Bid, then there will be no proceeds to which the
Encumbrances would attach.

Pursuant to the terms of the sale and the proposed Broker's
Agreement with thr Broker, the Broker will be entitled to be paid
either (i) 1.5% of the gross sales price payable at the closing of
the Property if sold to an outside third-party or (ii) a flat fee
of $75,000 if the sale is the Credit Bid from the Lender.  The
Trustee asks authority at the closing of the Property to remit to
the Broker the applicable Commission.  Likewise, he asks authority
to pay at the closing of the sale of the Property any customary
costs of sale in closing the transaction such as pro-rated taxes
due, deed, title work, recording costs, transfer fees etc.

The amount remaining of the Prevailing Bid for the Property after
reduction for the Commission and Sale Costs will be the Net
Proceeds.  The Trustee asks authority, at closing of the sale of
the Property, to distribute the respective remaining Net Proceeds
of the Property, if any, to the Lien Holders with valid
Encumbrances on the Property, if any, as determined by the Trustee
on or before the Closing Date.

In the event there is more than one Lien Holder on the Property
with a valid Encumbrance, the Net Proceeds will be distributed in
the order of priority of the applicable lien until the respective
Net Proceeds are extinguished.  Should any Encumbrance be
challenged by the Trustee, such funds relating to the disputed
Encumbrance will be held in a separate Trustee's escrow account
pending further order of the Court.  The Trustee will file a report
of sale with the Court within 14 days of the closing of the sale of
the Property.

Simultaneously with the filing of the Motion, the Trustee has filed
an additional Motion asking to have the response period on the
Motion shortened to Sept. 18, 2017 at 5:00 p.m.  If approved, a
separate notice setting forth the deadlines approved by the Court
will be sent to all notice parties.

A copy of the Broker Agreement, Letter of Intent, Notice of Sale
and Transaction Approval Hearing, Sale Notice attached to the
Motion is available for free at:

        http://bankrupt.com/misc/Peekay_Acquisition_186_Order.pdf

                  About BCC Sandusky Permanent

Based in Cincinnati, Ohio, BCC Sandusky Permanent LLC's business
operation involves the lease of the structures and land on its real
property known as the Crossings of Sandusky to the various
retail-business establishments, which operate from the property.

BCC Sandusky sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Ohio Case No. 17-30905) on March 30, 2017.  The
petition was signed by George W. Fels, co-manager.  At the time of
the filing, the Debtor estimated its assets and debt at $10 million
to $50 million.

The Chapter 11 case is assigned to Judge Mary Ann Whipple.

The Debtor is represented by Steven L. Diller, Esq. and Eric R.
Neumann, Esq., at Diller and Rice, LLC, and Raymond L. Beebe, Esq.,
at Raymond L. Beebe Co.

On April 7, 2017, the Bankruptcy Court appointed NAI Daus as
receiver for BCC Sandusky Permanent.  The receiver hired Frost
Brown Todd LLC as counsel.

On July 14, 2017, by order of the court, Richard D. Nelson was
appointed as Chapter 11 trustee for the Debtor.  The trustee hired
Business Property Specialist Inc. as property manager.


BCP RENAISSANCE: S&P Assigns B+ CCR & Rates Sr. Sec Term Loan B+
----------------------------------------------------------------
S&P Global Ratings said it assigned its 'B+' corporate credit
rating to BCP Renaissance Parent LLC. 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 $1.2 billion senior
secured term loan due 2024. The '3' recovery rating indicates our
view that lenders can expect meaningful (50%-70%; rounded estimate:
55%) recovery if a payment default occurs."

The 'B+' corporate credit rating reflects the differentiated credit
quality between BCP and that of Rover Pipeline LLC, of which BCP
owns approximately 32% through its ownership of ET Rover LLC. There
are no other substantive assets at BCP. The differential reflects
the structural subordination of BCP's debt relative to Rover's
underlying cash flows, cash flow stability, BCP's level of
influence on corporate governance and financial policy, financial
ratios at BCP, and BCP's ability to liquidate its investments in
both entities to repay debt. S&P views the underlying cash flows at
Rover to be stable because they are highly contracted with
take-or-pay agreements. Offsetting this is the low interest
coverage at BCP that limits the rating to 'B+'.

S&P said, "The stable outlook reflects our expectation of Rover
coming online in early 2018, resulting in predictable growth of
distributions to BCP from 2018 onward. We expected BCP to have debt
to EBITDA above 7x through 2019.

"We could lower the ratings if credit quality deteriorated at Rover
such that BCP faced liquidity challenges. If distributions to BCP
decreased significantly, resulting in leverage above 8x and
interest coverage less than 1.5x on a sustained basis we could take
negative rating action. This could occur due to construction or
operational issues or a default by a large counterparty.

"Although we do not anticipate positive rating actions at this
time, we could raise our ratings on BCP if interest coverage
improves to be sustained above 3x."


BERTELLI REALTY: Oct. 2 Auction of South Commons II Condo Units
---------------------------------------------------------------
The Condominium Units known as Units No. 101, 102, 201, 202, 203,
204, 301, 302, 303 & 304, and common areas appurtenant thereto, of
the South Commons II Condominium, in Main Street, Springfield,
Hampden County, Massachusetts, will be sold at public auction at
11:00 A.M. on October 2, 2017 at 935-979 Main Street, Springfield,
Hampden County, Massachusetts.

The Units are part of a condominium established by South Commons,
Inc.

The sale is being held by virtue and in execution of the Power of
Sale contained in a Mortgage and Security Agreement given by
Bertelli Realty Group, Inc. to Hampden Bank, dated July 19, 2012.
Hampden Bank's interest in the Mortgage was assigned to J. Norbert
Properties, LLC in a 2014 deal.  J Norbert then assigned that
interest to Brian S. Fitzgerald, Trustee of Lorenzo Bliss Realty
Trust, in a 2016 agreement.

A deposit of $25,000 by cash, certified or bank check will be
required to be paid by the purchaser at the time and place of sale.
The deposit shall be increased to 10% of the purchase price and be
delivered by certified or bank check to counsel to Brian S.
Fitzgerald, Trustee of Lorenzo Bliss Realty Trust:

     Joseph J. Lange, Esq.
     Lyon & Fitzpatrick, LLP
     14 Bobala Road, Suite 4
     Holyoke, MA 01040 (413)

within five business days of the auction.

The sale is subject to a 5% buyer's premium. The balance is to be
paid by certified or bank check at the Mortgagee's law offices
within 30 days from the date of sale. Deed will be provided to
purchaser for recording upon receipt in full of the purchase price.
In the event of an error in this publication, the description of
the premises contained in said mortgage shall control. Other terms
will be announced at the sale.


BODLEY INVESTMENTS: Hires Riggs Abney Neal as Attorneys
-------------------------------------------------------
Bodley Investments, LLC seeks authority from the US Bankruptcy
Court for the North District of Oklahoma to employ Karen Carden
Walsh and the law firm Riggs, Abney, Neal, Turpen, Orbison & Lewis
as its bankruptcy counsel.

Professional services to be rendered by Riggs Abney are:

     a. prepare schedules, statement of financial affairs and other
pleadings;

     b. negotiate allowed claims and treatment of creditors;

     c. render legal advice and preparation of legal documents and
pleadings concerning claims of creditors, post-petition financing,
executing contracts, sale of assets, insurance, etc.;

     d. represent Bodley Investments in hearings and other
contested matters; and

     e. formulate a disclosure statement and plan of
reorganization.

A $17,000 retainer is held in the Firm's trust account.  The rates
to be charged by Riggs, Abney, Neal, Turpen, Orbison & Lewis range
from $95 to $325.

Karen Carden Walsh, Esq., attests that she and the members of
Riggs, Abney, Neal, Turpen, Orbison & Lewis are disinterested
persons as defined in Sec. 101(14) of the Bankruptcy Code and do
not represent any interest adverse to the bankruptcy estate.

The Firm can be reached through:

     Karen Carden Walsh, Esq.
     RIGGS, ABNEY, NEAL, TURPEN, ORBISON & LEWIS
     502 West 6th Street
     Tulsa, OK 74119-1019
     Tel: (918) 587-3161
     Fax: (918) 587-9708
     E-mail: kwalshattorney@riggsabney.com

                       About Bodley Group, LLC

Bodley Group, LLC is a venture capital firm specializing direct and
fund of funds investments. Based in Skiatook, Oklahoma, Boodley
filed a Chapter 11 Petition (Bankr. N.D. Okla. Case No. 17-11722)
on August 28, 2017. The petition was signed by Scott Bodley, its
member/manager.

The Hon. Dana L. Rasure presides over the case.  The Debtor is
represented by Karen Carden Walsh at Riggs, Abney, Neal, Turpen,
Orbison & Lewis are counsel.

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


BOSS REAL ESTATE: Full Payment Over 3 Years for Unsecured Creditors
-------------------------------------------------------------------
Boss Real Estate Holdings, LLC, filed with the U.S. Bankruptcy
Court for the District of Arizona a disclosure statement for its
chapter 11 plan of reorganization.

Class 6 under the plan consists of all Allowed General Unsecured
claims, which will be paid in full in equal payments over the next
three years but will not be paid penalties or post-petition
interest.

The Plan will be funded by the business operations of the Debtor,
rents collected by the Debtor, and contributions totaling $35,000
from Mr. Michael Harris. Mr. Harris's contributions will be made on
or before the effective date. If the Debtor deems advisable, they
may obtain a further Order from the Court that may be recorded in
order to implement the terms of the Plan. The Plan will be funded
by contributions from the Debtor.

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

     http://bankrupt.com/misc/azb217-03716-85.pdf

            About Boss Real Estate Holdings

Boss Real Estate Holdings, LLC, based in Gilbert, AZ, filed a
Chapter 11 petition (Bankr. D. Ariz. Case No. 17-03716) on April
10, 2017.  The Hon. Brenda Moody Whinery presides over the case.
Ronald J. Ellett, Esq., at Ellet Law Offices, P.C., serves as
bankruptcy counsel.

The Debtor's primary asset is certain real property located at 2816
South Country Club Drive and 2828 South Country Club Drive, Mesa,
Arizona 85210, where the Debtor operates a car wash, a lube shop,
and a small convenience store -- the Mesa Car Wash.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Michael
Harris, member/manager.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Boss Real Estate Holdings, LLC,
as of May 16, according to a court docket.


BROWNIE TAXI: Taps Trenk DiPasquale as Legal Counsel
----------------------------------------------------
Brownie Taxi LLC seeks approval from the U.S. Bankruptcy Court for
the District of New Jersey to hire Trenk, DiPasquale, Della Fera &
Sodono, P.C. as legal counsel.

The firm will, among other things, advise the company and its
affiliates regarding their duties under the Bankruptcy Code;
negotiate with creditors; advise the Debtors regarding the sale of
their assets; and assist in the preparation of a Chapter 11 plan of
reorganization.

The firm's standard hourly rates range from $375 to $615 for
partners, $250 to $300 for associates, and $145 to $215 for
paralegals and legal assistants.  Law clerks charge $195 per hour.

Trenk DiPasquale was paid an initial retainer of $100,000, plus
$18,887 for the filing fees.

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

The firm can be reached through:

     Joseph J. DiPasquale, Esq.
     Thomas M. Walsh, Esq.
     Robert S. Roglieri, Esq.
     Trenk, DiPasquale, Della Fera & Sodono, P.C.
     347 Mount Pleasant Avenue, Suite 300
     West Orange, NJ 07052
     Phone: 973-243-8600
     Email: jdipasquale@trenklawfirm.com
     Email: twalsh@trenklawfirm.com
     Email: rroglieri@trenklawfirm.com

                     About Brownie Taxi LLC

Brownie Taxi LLC is a New York-based company in the taxi and
limousine service industry. Brownie Taxi and its affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D.N.J.
Lead Case No. 17-27507) on August 29, 2017.  Evgeny A. Freidman,
its managing member, signed the petition.  

At the time of the filing, Brownie Taxi disclosed that it had
estimated assets of less than $500,000 and liabilities of $1
million to $10 million.  

Vincent F. Papalia presides over the cases.  The Debtors hired Cole
Schotz, P.C. and Fox Rothschild LLP as special litigation counsel.


BUNGE LTD: Fitch Affirms BB+ Preference Shares Rating
-----------------------------------------------------
Fitch Ratings has affirmed Bunge Ltd.'s Long-Term Issuer Default
Rating (IDR) at 'BBB'. Bunge had approximately $6.4 billion of
total debt (granting 50% equity credit for its convertible
preference shares) at the end of June 30, 2017. The Rating Outlook
is Stable.  

The rating affirmation considers Bunge's acquisition announcement,
the recent EBITDA pressure during the past several quarters with an
expected recovery in earnings going forward, and the commitment to
deleverage given the expected increase in debt. Bunge will spend
$946 million (a 13x multiple before synergies) comprised of EUR297
million and $595 million in cash for a 70% interest in Loders
Croklaan, a downstream B2B specialty oils and fats company that is
currently part of a Malaysian vertically integrated palm oil
producer, IOI Group. The IOI Group will retain limited governance
rights under terms of the transaction which includes put and call
options. Loders Croklaan has a product portfolio that covers a full
range of palm and tropical fats and oils used in several
applications including bakery, confectionery and infant formulas.
Loders Croklaan has relatively good EBTIDA diversification, split
between North America, Asia/ROW and Europe. Bunge will finance the
transaction through a three-year $900 million delayed draw term
loan credit facility. The transaction is expected to close
mid-2018.

KEY RATING DRIVERS

Loders Good Strategic Fit: Fitch believes the Loders Croklaan
transaction represents a good strategic fit for Bunge that improves
diversification, consistent with its strategy to build upon its
core oilseed value chain and increase the asset portfolio exposure
to value-added food and ingredients businesses. Pro forma for the
acquisition, value-added businesses will contribute approximately
25% to EBIT compared to 21% during. 2016. Three-year synergies are
expected to be approximately $45 million, which Fitch considers as
reasonable. Fitch has not assumed any revenue synergies (Bunge
estimates $35 million) within its forecast assumptions. With
successful synergy realization combined with organic growth in the
remainder of its value-added products businesses, Fitch anticipates
Bunge's value-added businesses could exceed at least 30% EBIT
contribution within the next three years.

Agribusiness Segment Concentration: Bunge has a global integrated
agribusiness footprint with a leading position in oilseed
processing and logistics that supports an average of $1.2 billion
in EBIT during the past four years. Bunge has considerable
geographical diversification covering all major export and import
markets with substantial exposure to South America that represents
approximately 36% of its total processing capacity. While the food
and ingredients businesses provides some diversification to the
business portfolio, Bunge's over-exposure to the agribusiness
segment creates more susceptibility to earnings volatility than its
peers as experienced in the first half of 2017 (1H17).

Bunge has attempted to improve sustainability of longer-term
returns and decrease earnings concentration through actively
managing its asset portfolio, which is expected to reduce
volatility and help address the past earnings stagnation. The
company has evolved its agribusiness footprint through more than $1
billion in bolt-on acquisitions within the value-added space during
the past 5+ years, entered into joint venture partnerships that
improve asset utilization and free up capital, and invested in new
facilities to enable organic growth.

Earnings Trough in 2017: Bunge's roughly $300 million reduced
earnings outlook for 2017 was driven primarily by the Agribusiness
segment due to challenging market conditions in South America,
despite record crop conditions, and weaker milling performance in
Brazil and Mexico. The expected earnings recovery in 2H17 reflects
the large amount of grains that are unpriced, since South American
farmers will need to commercialize their crops, leading to improved
crush and grain origination margins combined with good earnings
performance from the soft-seed crush business, improved milling
performance in Brazil and Mexico, and realization of cost
initiative benefits.

A lack of return to more normalized EBIT levels given the recent
earnings pressure during the past year and increase in leverage
could lead to negative rating actions. One of the key risks to
Bunge increasing earnings in 2018 and beyond is a sustained
expansion in soy crush margins.

High Leverage Expected to Moderate: Readily marketable inventories
(RMI) adjusted leverage (total debt with equity credit less RMI /
EBITDA less RMI interest) for the LTM ending June 30, 2017 was
2.8x, an increase from 1.7x on Dec. 31, 2016, primarily driven by
softer earnings and increased debt due to earlier acquisitions.
With the expected earnings recovery in 2H17, Fitch anticipates RMI
adjusted leverage of approximately 2x and gross leverage in the
mid-3x range. Pro forma for the Loders Croklaan acquisition, RMI
adjusted leverage would be in the range of 2.4x to 2.5x. Fitch
expects leverage will moderate back to the lower-2x range in 2018
supported by cost savings benefits and further improvement in
earnings.

Strong Commitment to Rating: Fitch believes Bunge has a strong
commitment to maintaining its current rating given the importance
of market access and is willing to undertake corrective actions if
necessary in the event of material earnings shortfalls or M&A
transactions that weaken credit metrics. Bunge has initiated a cost
efficiency program with a target of a $250 million run-rate in SG&A
savings by the end of 2019 along with capital spending reductions
in 2017 ($125 million) and 2018 ($200 million). Cash cost savings
to achieve are expected in the range of $200 million to $300
million.

Other potential capital allocation adjustments the company could
pursue include: a pause on share repurchases, which the company has
already demonstrated in the past following acquisitions, slowdown
in additional bolt-on acquisitions, and the issuance of additional
equity in hybrid or common form at a minimum to protect
investment-grade ratings. Dividends, which have increased annually
in the low double-digits the past four years, are expected to rise
over the long term.

Exposure to Commodity Volatility: Bunge, along with other
agricultural processors, are subject to variations with commodity
pricing that can be affected by a range of unpredictable
macro-environmental conditions that include weather, crop disease
outbreaks, and government agricultural policy changes. Thus, Bunge
can be exposed to periods of volatile agricultural commodity
pricing swings stemming from periodic supply/demand imbalances,
timing of cash payments or foreign exchange movements that can
negatively affect U.S exports. Consequently, operating earnings can
be pressured and/or debt can increase, which can quickly increase
leverage.

During the past several years, global grain supplies have been
replenished from large harvests of key crops, limiting volatility
and generally resulting in lower prices. However, the low
interest-rate environment has enabled speculative investment
inflows into commodity markets that have resulted in commodity
prices slightly higher than expected when considering the large
global commodity surpluses.

DERIVATION SUMMARY
Fitch views Bunge's business risk profile as weaker relative to its
peers, Cargill (A/Stable) or ADM (A/Stable), due to its smaller
operational scale, less commodity diversification, and substantial
concentration to its agribusiness segment with oilseed origination
and processing. Bunge has also experienced challenges in driving
sustained growth in operational earnings as EBITDA has remained in
the $1.6 billion to $1.8 billion range during the past six years,
with expected earnings at a trough in 2017 below $1.6 billion due
to challenging conditions in South America. When combined with
moderately higher average leverage, these factors result in a
three-notch ratings differential between Bunge and its peers (ADM
and Cargill).

Bunge has moderately increased its diversification into Food and
Ingredients during the past several years largely through M&A.
However, Ingredion's (BBB/Stable) ingredient business has more
scale and greater stability with higher profitability than Bunge's
Food and Ingredients operations. Ingredion's segments are more
narrowly focused as a global producer of corn-refined,
agriculturally based products and ingredients, as well as starches
focused on the food, beverage, animal nutrition, paper &
corrugating and brewing market segments.

KEY ASSUMPTIONS

Fitch's key assumptions within its ratings case for the issuer
include:
In 2017, Fitch's assumptions include:
-- EBITDA declining to around $1.5 billion;
-- Capital spending of $725 million;
-- FCF modestly negative;
-- No share repurchases;
-- RMI adjusted leverage of 2x and gross debt leverage of 3.6x
    excluding the Loders Croklaan acquisition;
-- Pro forma for the Loders Croklaan acquisition, RMI adjusted
    leverage is in the 2.4x-2.5x. range.

In 2018-2019, Fitch assumptions include:
-- EBIT recovery in Bunge core operations of approximately $100
    million in 2018 resulting in EBITDA of approximately $1.8
    billion supported by recent bolt-on M&A, and $1.9 billion in
    2019;
-- Capital spending in the upper $600 million to low $700 million

    range;
-- FCF modestly positive;
-- Minimum level of cash of roughly $350 million;
-- RMI adjusted leverage reduces to 2.1x in 2018, 1.9x in 2019;
-- Fitch believes Bunge would revisit share repurchases once
    financial profile improves and leverage returns to more
    normalized levels.

Fitch's assumption also includes that commodity prices remain
relatively stable over the forecast period with a recovery in Latin
America as economic conditions improve.

RATING SENSITIVITIES

Future Developments That May, Individually or Collectively, Lead to
Positive Rating Action
Given the inherent earnings volatility within the business, the
significant periodic supply/demand imbalances and where Bunge is
expected to manage its capital structure, Fitch views a positive
rating action as unlikely over the intermediate term. Future
developments that could, individually or collectively, lead to a
positive rating action include:

-- Materially improved diversification and profitability of the
    corporate portfolio with increased contribution from the
    value-added food and ingredients businesses such that Bunge
    can achieve EBITDA growth over a multiyear period and exhibit
    more stability over the commodity pricing cycle;
-- A commitment to operate RMI adjusted leverage consistently
    below 1.5x coupled with improved consistency with FCF
    generation.

Future Developments That May, Individually or Collectively, Lead to
Negative Rating Action
-- RMI adjusted leverage sustained above the 2x range driven by
    EBITDA compression and/or a meaningfully higher debt levels
    most likely from changing macro-environmental conditions or
    increase in working capital;
-- A material increase in leverage from a significant debt-
    financed acquisition, with lack of meaningful deleverage that
    returns RMI adjusted leverage to below 2x 24-months post
    transaction;
-- Change in financial policy;
-- Gross leverage (debt to EBITDA) sustained above 3.5x;
-- Lack of FCF generation lasting over two years.

LIQUIDITY

Internal Liquidity: Bunge's internal sources of liquidity include
$575 million of cash and cash equivalents, $290 million of
marketable securities, and short-term investments as of June 30,
2017. FCF can fluctuate from positive to negative from year to year
due to numerous factors. For 2017, Fitch expects FCF will be
modestly negative. Bunge has no material maturities until 2019.

Abundant External Liquidity Sources: A key credit concern of
commodity processors is access to sufficient liquidity given
historically volatile working-capital needs. Bunge has abundant
sources of external liquidity provided by various credit facilities
available to fund its operations globally, with approximately $5
billion in capacity under its revolving bank agreements and
commercial paper (CP) program, of which $4.1 billion was available
at the end of June 30, 2017. In addition to the committed credit
facilities, Bunge, through its financing subsidiaries, will from
time-to-time enter into bilateral short-term credit lines as
necessary. As of June 31, 2017, there was $495 million of
borrowings outstanding. In addition, Bunge's operating companies
had $1.3 billion in outstanding short-term borrowings from local
bank lines of credit to support working capital requirements.

Bank Commitments: The bank commitments at Bunge Limited Finance
Corp. (BLFC) are made up of unsecured bilateral three-year
agreements of $200 million maturing in June 2019 and $500 million
maturing September 2019 with $300 million of borrowings
outstanding, a $865 million five-year CoBank revolving credit
agreement maturing that was recently extended five years to 2023
with $118 million of borrowings outstanding, and a five-year
syndicated unsecured revolver totalling $1.1 billion maturing in
November 2019 with no borrowings outstanding.
In addition, Bunge has a three-year $1.75 billion RCF established
by Bunge Finance Europe B.V. (BFE) with $477 million of borrowings
outstanding. The revolver, which can be expanded by $250 million,
matures in August 2018 and can be extended by two one-year periods.
A $600 million liquidity facility at Bunge Asset Funding Corp.
(BAFC) backstops a $600 million CP program that had no borrowings
outstanding.

AR Securitization: Bunge also participates in a receivables
securitization program that provides funding up to $700 million.
Bunge subsidiaries sell receivables to a bankruptcy-remote entity
(Bunge Securitization B.V.) that subsequently sells the
receivables. Receivables sold under the program (and de-recognized
on the balance sheet) were $672 million and $628 million as of June
30, 2017 and Dec. 31, 2016, respectively.

Ratings Reflect RMI Adjustments: Agricultural commodity trading and
processing companies maintain substantial grain and oilseed
inventories that are hedged and could readily be converted into
cash to enhance their liquidity and reduce debt. This high level of
liquid RMI, when combined with cash and short-term marketable
securities, provides substantial financial flexibility during
periods of earnings volatility associated with agricultural cycles,
partially mitigating financial risk. CP, accounts receivable
securitizations and bank credit facilities are generally used to
finance seasonal working capital needs, primarily related to RMI.

For credit purposes, Fitch calculates RMI adjusted leverage by
first subtracting the minimum or base level inventory required to
operate a downstream processing facility. This inventory is not
generally readily available for liquidation purposes with a
going-concern entity. An additional 10% discount is taken for the
remaining merchandisable inventory (reported RMI less minimum base
processing inventory) to account for potential basis risk loss on
hedging positions.

FULL LIST OF RATING ACTIONS

Fitch affirms the ratings of Bunge and its subsidiaries:

Bunge Limited
-- Long-Term IDR at 'BBB';
-- Preference shares at 'BB+'.

Bunge Limited Finance Corp. (BLFC)
-- Long-Term IDR at 'BBB';
-- Senior unsecured bank facility at 'BBB';
-- Senior unsecured notes at 'BBB'.

Bunge Finance Europe B.V. (BFE)
-- Long-Term IDR at 'BBB';
-- Senior unsecured bank facility at 'BBB';
-- Senior unsecured notes at 'BBB'.

Fitch has also assigned the following rating:

BLFC
-- 3-year $900 million delayed-draw term loan credit facility
'BBB'.

The Rating Outlook is Stable.


CAPITOL CABLE: Sale of Property Approved
----------------------------------------
Judge Thomas J. Catliota of the U.S. Bankruptcy Court for the
District of Maryland authorized Capitol Cable & Technology, Inc. to
sell property free and clear of any and all encumbrancers.

The Debtor will deposit the proceeds from the sale into the DIP
account.

The stay of the Order for 10 days pursuant to Federal Rule of
Bankruptcy Procedure 6004 is waived.

                About Capitol Cable & Technology

Capitol Cable & Technology, Inc., sought protection under Chapter
11 of the Bankruptcy Code (Bankr. D. Md. Case No. 17-14644) on
April 4, 2017.  At the time of the filing, the Debtor estimated
assets and liabilities of less than $1 million.

Richard B. Rosenblatt, Esq., and Linda M. Dorney, Esq., at The Law
Offices of Richard B. Rosenblatt, PC, serve as the Debtor's
bankruptcy counsel.


CHICAGO FIRE BRICK: Continental Not Allowed to Refile State Action
------------------------------------------------------------------
Judge Roger L. Efremsky of the U.S. Bankruptcy Court for the
Northern District of California has issued a memorandum decision
denying Continental Casualty Company's Motion for Leave to Refile
State Court Complaint, naming as Defendant Barry A. Chatz, the
court appointed liquidating trustee for the CFB/WFB Liquidating
Trust.

Continental Casualty filed a proof of claim prior to confirmation
of the Plan. The Proof of Claim states it is "contingent and
unliquidated" and is based on a "potential right of setoff" and
"confirmation of the pending plan may leave Continental Casualty
without the participation of the Debtor's other insurance carriers"
and Continental "may be asked to pay some or all of others' share
of payments due for defense of claims against the Debtor."

The Debtors confirmed the Joint Chapter 11 Plan of CFB Liquidating
Corporation f/k/a Chicago Fire Brick Company, and WFB Liquidating
Corporation f/k/a Wellsville Fire Brick Company, as Modified, in
2012. The Plan was designed to provide a comprehensive mechanism to
resolve Asbestos Claims in an efficient, centralized, and equitable
manner. Certain sections of the Plan were negotiated to provide a
structure by which Continental Casualty would provide its insurance
coverage to pay Asbestos Claims that triggered its Policies.

The Debtors settled with their insurers other than Continental
Casualty and these settlement agreements were incorporated into the
Plan. The Plan categorizes the Debtors' insurers: First, the Plan
defines a "Non-Settling Insurer" as "any insurer against which the
Liquidating Trust holds a Retained Cause of Action and/or that has
not settled its potential liability under any Insurance Policy, and
second, the Plan defines "Settling Insurers" as "collectively,
Hartford, Bituminous, ACE, Safety National and, solely to the
extent that the Debtors enter into an agreement prior to the
Effective date."

Because Continental Casualty did not enter into a settlement
agreement with the Debtors prior to the Effective Date, Continental
Casualty is in a category by itself -- it is neither a Settling
Insurer nor a Non-Settling Insurer. Instead, Continental Casualty
agreed to resolve its coverage obligations according to the
procedures set forth in the Plan.

The Plan also established the Liquidating Trust and appointed the
Trustee to liquidate the Debtors' assets and distribute the
proceeds according to the Plan, the Liquidating Trust Agreement,
and the Trust Distribution Procedures.

Between May 2015 and September 2015, the Trust submitted 249 Trust
Claims to Continental Casualty with a liquidated value sufficient
to exhaust Continental Casualty's coverage. When Continental had
not responded when the 90 days had run from the September 2015
tender, the Trust sued Continental for declaratory relief and
breach of contract.

The Trust's First Amended Complaint asked for declaratory relief
regarding the interpretation of the Plan and damages for breach of
the Plan and the Policies. The Trust also sought extra-contractual
damages for Continental Casualty's alleged vexatious and
unreasonable conduct as an insurer under Illinois law.

The First Amended Complaint alleged that the Trust had tendered to
Continental Asbestos Claims that triggered Continental Casualty's
policies, and when Continental Casualty did not comply as it had
agreed to do -- by accepting and paying, or by rejecting, or by
asking for more information within 90 days -- Continental Casualty
had breached its contractual obligations under the Plan and under
the Policies. The Trust sought $2.5 million breach of contract
damages and a declaration that Tendered Claims exceeding $2.5
million triggered coverage under the Policies and Continental
Casualty was obligated to pay its Policy limits, plus it was
obligated to pay penalties.

On the other hand, Continental Casualty demanded performance of the
Debtors' "reciprocal obligations" under its insurance policies and,
"to the extent such obligations give rise to a 'Claim,' Continental
Casualty also demands payment on its claim." Accordingly, on May 8,
2017, Continental Casualty Company filed a complaint in state court
in Illinois naming Barry A. Chatz, seeking for declaratory relief
regarding Continental Casualty's insurance coverage obligations
under policies issued by Continental Casualty to the Debtors.

On May 17, 2017, the Court issued an order to show cause asking why
Continental Casualty and its counsel should not be held in contempt
for filing the complaint without the permission of this Court in
violation of the Barton doctrine. In response to the order to show
cause, Continental dismissed the complaint.

On June 14, 2017, Continental filed the current motion seeking
permission to file its Complaint for Declaratory Judgment for
Non-Coverage in Illinois state court.

The Debtors stopped operating their business in 2002 when they sold
their assets and have conducted no business since that sale closed
in early 2003. Consequently, Continental Casualty argues that from
2003 onward, the Debtors -- through their responsible individual --
continued to "liquidate" their insurance policies as the primary
assets of the estate, and the same liquidation was pursued by the
Trustee following his appointment in 2012. As such, Continental
Casualty contends this sheer passage of time shows that the Trustee
is conducting the Debtors' pre-confirmation business.

The Court explains that like any bankruptcy trustee, the Trustee in
this case has both administrative and judicial functions -- (1) he
reviewed Asbestos Claims and liquidated them pursuant to the terms
of the Trust Distribution Procedures, (2) he filed a motion seeking
their allowance and disallowance and approval of his audit
procedures, and (3) he tendered claims to Continental Casualty that
triggered its Policies under controlling Illinois law and then
filed the Adversary Proceeding to resolve the Trust's dispute with
Continental. The Court maintains that these are judicial functions
that required the exercise of the Trustee's discretionary judgment.
Because the Coverage Complaint implicates these same functions, the
Court concludes that the Trustee is immune from suit in state
court.

The Court finds that in the course of litigating the Adversary
Proceeding, Continental Casualty had agreed it would pay its Policy
limits to the Trust. Now Continental Casualty wants to be permitted
to go to state court to litigate coverage issues which it claims
have never been raised or considered by this Court.

The Court finds this position as inconsistent and an inaccurate one
-- as it pertains to the coverage issues never having been raised
or considered here. The Court says that if Continental Casualty is
permitted to start over in state court, Continental Casualty
derives an unfair advantage by prolonging its ability to stall
paying valid claims and by avoiding its obligations under the Plan.
Thereby causing the Trust (and its beneficiaries) to suffer an
unfair detriment from the expense and delay this proposed state
court litigation will impose.

The bankruptcy case is In re CFB LIQUIDATING CORPORATION, f/k/a
CHICAGO FIRE BRICK CO., an Illinois Corporation, et al., Chapter
11, Debtors, Case No. 01-45483 rle, (Bankr. N.D. Cal.).

A full-text copy of the Memorandum Decision dated August 24, 2017,
is available at https://is.gd/pv4ESZ from Leagle.com.

CFB Liquidating Corporation, f/k/a Chicago Fire Brick Company is
represented by:

          Joseph D. Frank, Esq.
          Jeremy C. Kleinman, Esq.
          LAW OFFICES OF FRANK AND GECKER
          325 N. LaSalle St., Suite 625
          Chicago, IL 60654
          Tel: (312)276-1400
          Fax: (312)276-0035
          Email: jfrank@fgllp.com
                 jkleinman@fgllp.com

WFB Liquidating Corporation, f/k/a Wellsville Fire Brick Company is
represented by:

          Joseph D. Frank, Esq.
          LAW OFFICES OF FRANK AND GECKER
          325 N. LaSalle St., Suite 625
          Chicago, IL 60654
          Tel: (312)276-1400
          Fax: (312)276-0035
          Email: jfrank@fgllp.com

Barry A. Chatz, Trustee of the CFB/WFB Liquidating Trust, is
represented by:

          Peter C. Califano, Esq.
          COOPER, WHITE AND COOPER
          201 California Street, 17th Floor
          San Francisco, CA 94111
          Tel: (415)433-1900
          Fax: (415)433-5530
          Email: pcalifano@cwclaw.com

Office of the U.S. Trustee/Oak, U.S. Trustee, is represented by:

          Margaret H. McGee, Esq.
          OFFICE OF THE UNITED STATES TRUSTEE
          450 Golden Gate Avenue, 5th Floor, Suite #05-0153
          San Francisco, CA 94102
          Tel: (415)252-2080
          Fax: (415)705-3379


CINRAM GROUP: Wants Plan Filing Period Extended to Jan. 15
----------------------------------------------------------
Cinram Group, Inc., and its debtor-affiliates ask the U.S.
Bankruptcy Court for the District of New Jersey to extend the
period during which the Debtors have the exclusive right to file a
Chapter 11 plan by an additional 90 days, through and including
Jan. 15, 2018, and the period during which the Debtors have the
exclusive right to solicit votes on the Plan by an additional 90
days, through and including March 12, 2018.

A hearing to consider the Debtor's request is set for Oct. 3, 2017,
at 10:00 a.m. (Eastern Time).  Objections to the request must be
filed by Sept. 26.

As reported by the Troubled Company Reporter on Aug. 28, 2017, the
Court extended the exclusive periods during which the Debtors may
file Chapter 11 plan and solicit acceptances of the plan through
and including Oct. 16 and Dec. 12, 2017, respectively.

The Debtors tell the Court that since their first request for an
extension of the Exclusive Periods was approved, the Debtors have
continued to make progress toward a successful reorganization.
Although the Official Committee of Unsecured Creditors filed an
objection to the Disclosure Statement, the Debtors have continued
their efforts to engage with the Committee regarding the Plan, and
those efforts have resulted in meaningful discussions and initial
negotiations with the Committee regarding the terms of a potential
amended plan that the Committee would support.

After multiple attempts to engage with the Committee regarding the
Plan, with the encouragement of the Court, the Debtors held a
meeting with the legal and financial advisors for the Committee on
Aug. 24, 2017 (in lieu of the scheduled hearing on the Disclosure
Statement).  As a result of that meeting, the Debtors are currently
working on a term sheet for an amended plan of reorganization.

The Debtors say it is critical that they be given additional time
to continue their negotiations with the Committee and other
stakeholders regarding the terms of a consensual amended plan
without the potential distraction of competing plans being filed by
other parties in interest.  The Debtors are optimistic that, given
sufficient time, they will be able to reach an agreement with the
Committee and propose an amended plan and disclosure statement with
the support of the Committee.

The Debtors tell the Court that to date, they have made good faith
progress toward a successful reorganization by, among other things,
rejecting burdensome real property leases, establishing claims bar
dates, commencing the claims reconciliation process, filing
objections to claims, preparing and filing the Disclosure Statement
and Plan, and commencing substantive discussions with the Committee
regarding the terms of a potential amended plan that the Committee
would support.

The Debtors assure the Court that creditors would not be prejudiced
by a further extension of the Exclusive Periods.  Rather, a further
extension of the Exclusive Periods would benefit creditors by
affording the Debtors adequate time, unhindered by the distraction
of potential competing plans, to complete negotiations with the
Committee and other stakeholders so that an amended plan can be
timely confirmed for the benefit of all stakeholders and
parties-in-interest.

                      About Cinram Group, Inc.

Livingston, New Jersey-based Cinram Group, Inc., and its affiliates
filed a Chapter 11 petition (Bankr. D.N.J. Lead Case No. 17-15258)
on March 17, 2017.  The petition was signed by Glenn Langberg,
chief executive officer.

Cinram Group estimated $1 million to $10 million in both assets and
liabilities.  Cinram Operations, Inc., estimated $1 million to $10
million in assets and under $50,000 in liabilities.

Cinram Property Group, LLC listed $10 million to $50 million in
assets and under $50,000 in liabilities.

The Hon. Vincent F. Papalia presides over the jointly administered
cases.  Kenneth A. Rosen, Esq., at Lowenstein Sandler, LLP, serves
as bankruptcy counsel to the Debtors.

On April 3, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The committee members
are SIR Properties Trust, MPEG LA LLC, Technicolor Home
Entertainment Services Inc., and Richter LLP.  Cole Schotz P.C.
serves as bankruptcy counsel.


COLORADO PROPERTY: Taps Kutner Brinen as Bankruptcy Counsel
-----------------------------------------------------------
Colorado Property Repair, LLC d/b/a Xtreme Xcavating, LLC, seeks
authority from the US Bankruptcy Court for the District of Colorado
to employ Kutner Brinen, P.C. as attorneys.

Professional services required of Kutner Brinen are:

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

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

     c. file necessary actions to enjoin and stay until a final
decree of the continuation of pending proceedings and enjoin and
stay until a final decree of the commencement of lien foreclosure
proceedings and all matters as may be provided under U.S.C. Sec.
362; and

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

The Counsel holds a prepetition retainer for payment of
post-petition fees and costs in the amount of $9,000.

Kutner Brinen's hourly rates are:

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

Lee M. Kutner, Esq., attests that the Firm is disinterested as
defined by 11 USC Sec. 101(14) and does not have or represent an
interest materially adverse to the interest of the estate or of any
class of creditors.

The Firm can be reached through:

     Lee M. Kutner, Esq.
     KUTNER BRINEN, P.C.
     1660 Lincoln Street, Suite 1850
     Denver, CO 80264
     Tel: (303) 832-2400
     Fax: (303) 832-1510
     Email: lmk@kutnerlaw.com

                      About Colorado Property Repair, LLC

Based in Arvada, Colorado, Colorado Property Repair, LLC sought
Chapter 11 protection (Bankr. D. Colo. Case No. 17-18004) on August
28, 2017.  The Debtor is represented by Lee M. Kutner, Esq. at
Kutner Brinen P.C. as counsel.


CONCHO RESOURCES: Moody's Hikes Unsec. Notes Rating to Ba1
----------------------------------------------------------
Moody's Investors Service upgraded Concho Resources Inc.'s senior
unsecured notes to Ba1 from Ba2 following the security fall-away
event in its $2 billion revolving credit facility due 2022. Moody's
also changed Concho's outlook to positive from stable and upgraded
the Speculative Grade Liquidity Rating to SGL-1 from SGL-2,
Concho's Ba1 Corporate Family Rating (CFR) and Ba1-PD Probability
of Default Rating (PDR) were affirmed.

"The positive outlook reflects Concho's improving financial
performance, growing production and ongoing progress with its cost
structure and returns," said Arvinder Saluja, Moody's Vice
President and Senior Analyst. "The company has moved towards
implementing a capital structure more typical of investment grade
with all debt now being unsecured."

Upgrades:

Issuer: Concho Resources Inc.

-- Speculative Grade Liquidity Rating, Upgraded to SGL-1 from
    SGL-2

-- Senior Unsecured Regular Bond/Debentures, Upgraded to Ba1 (LGD

    4) from Ba2 (LGD 4)

Affirmations:

-- Probability of Default Rating, Affirmed Ba1-PD

-- Corporate Family Rating, Affirmed Ba1

Outlook Actions:

Issuer: Concho Resources Inc.

-- Outlook, Changed To Positive From Stable

RATINGS RATIONALE

The positive outlook reflects Moody's expectations for successful
execution of its production growth objectives at competitive costs
leading to an improving leveraged full-cycle ratio even in a
challenging commodity price environment. The outlook also
incorporates Moody's expectations that Concho will continue
building its track record of maintaining low leverage and a
conservative financial policy while keeping capital spending within
cash flow. A rating upgrade could be considered if average daily
production approaches 200,000 boe and RCF / debt remains above 50%,
while maintaining a leveraged full-cycle ratio above 1.5x. Moody's
could downgrade the ratings if RCF / debt falls below 20% or if
there is a meaningful increase in debt.

Concho's senior unsecured notes were upgraded to Ba1, at the same
level as the Ba1 Corporate Family Rating, because there is no
longer any contractual subordination to its $2 billion revolving
bank credit facility. The Ba1 notes rating reflects the now
unsecured nature of the company's revolver. The revolver contained
a security fall away provision in the event Concho achieved an
investment grade rating. Concho has completed the technicalities
pertaining to the security falling away. The credit facility and
the senior notes are now pari passu.

Concho's Ba1 CFR reflects its position as a significant producer in
the Permian Basin with a large drilling inventory, oil focused
production mix, good hedging program and competitive cost structure
that will support leading cash margins and good cash flow
generation even in a weak commodity price environment. Importantly,
its improving production scale and leverage, interest coverage, and
cash flow metrics are largely in line with other strong Ba-rated
peers. The rating incorporates both Concho's strategy, which has
been to grow its reserve base both organically and with
acquisitions, and its history of using internal cash flow
generation, asset sales and equity offerings to reduce debt.
Geographic concentration risks associated with all operations being
in a single hydrocarbon basin are high but the Permian Basin
remains one of the most prolific oil producing regions in North
America.

The SGL-1 rating reflects Concho's very good liquidity profile
based on the company's expected free cash flow generation through
2018 and full availability under its unsecured revolver due 2022.
This gives primary liquidity for the company's unexpected capital
expenditures in excess of cash flows, if any, over 2017-18.
However, Moody's does not anticipates the company's capex to exceed
its internal cash flow generation. Concho had $122 million in cash
as of June 30, 2017, pro forma for the July acquisition of 12,400
acres in the Midland Basin. The company may draw under the revolver
to make bolt on acquisitions but leave meaningful undrawn capacity.
The financial covenants are net debt / EBITDAX of no more than
4.25x and PV-9 / total debt (asset coverage test) of no less than
1.50x. Moody's expects Concho to remain well within compliance with
these covenants. There are no debt maturities until 2022.

Concho Resources Inc. is an independent exploration & production
(E&P) company with operations in the Permian Basin of Southeast New
Mexico and West Texas.

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



D&D TREE SERVICE: Plan Confirmation Hearing on Oct. 4
-----------------------------------------------------
The Hon. Austin E. Carter of the U.S. Bankruptcy Court for the
Middle District of Georgia has conditionally approved D & D Tree
Service Inc.'s disclosure statement dated Aug. 25, 2017, with
respect to a Chapter 11 plan dated Aug. 25, 2017.

A hearing to consider the final approval of the Disclosure
Statement and plan confirmation is scheduled for Oct. 4, 2017, at
2:00 p.m.

Objections to the Disclosure Statement and plan confirmation must
be filed by Oct. 2, 2017.

Oct. 2 is fixed as the last day for filing written acceptances or
rejections of the Plan.

The Court granted the Debtor's ex parte application in a small
business case for order conditionally approving the Disclosure
Statement.  As reported by the Troubled Company Reporter on Sept.
5, 2017, the Debtor filed the application, requesting the Court to
establish a deadline for filing objections to the disclosure
statement and confirmation of the Plan.  

               About D & D Tree Service, Inc.

D & D Tree Service Inc. filed a Chapter 11 bankruptcy petition
(Bankr. M.D. Ga. Case No. 16-11382) on Nov. 1, 2016.  The Petition
was signed by Walter D. Edwards, Jr., President.  The Debtor is
represented by Kenneth W. Revell, Esq. at Zalkin Revell, PLLC.  At
the time of filing, the Debtor had $100,000 to $500,000 in
estimated assets and $50,000 to $100,000 in estimated liabilities.


DANCING WATERS: Sale of Governor's Point Property for $7M Approved
------------------------------------------------------------------
Judge Timothy W. Dore of the U.S. Bankruptcy Court for the Western
District of Washington authorized Dancing Waters, LLC, Governor's
Point Development Co., Pleasant Bay Properties & Associates, LP,
Pleasant Road Partners, LP, and Carl Roger Sahlin, to sell their
125-acre of undeveloped residential site located on the Washington
coastline approximately six miles south of Bellingham ("Governor's
Point Property") to Don and Pam Gaines Family Trust for
$6,800,000.

Because the Debtors previously confirmed their chapter 11 plan,
which provided for the sale of the Property, no excise tax will be
payable on the transaction.

The Order will be effective immediately upon entry notwithstanding
any stays of order provided for under Federal Rules of Bankruptcy
Procedure 6004(h), 6006(d), 7062, and/or any other provision of
Title 11 or the Federal Rules of Bankruptcy Procedure, and that any
such provisions or Rules are expressly lifted, rendering the Order
immediately effective and enforceable.

Notwithstanding anything to the contrary, the Sale will not affect
or impair in any way the terms or enforceability of the deed
restrictions and covenants of "Deed 794" or "Deed 795" as contained
and defined in the current Objection and prior pleadings filed with
the Court on behalf of Consuelo F. Larrabee and Kenneth B. Milton
nor any defenses the Debtors may have as the same.

                       About Dancing Waters

Dancing Waters, LLC, sought Chapter 11 protection (Bankr. W.D.
Wash. Case No. 15-13216) on May 22, 2015.  Judge Timothy W. Dore is
assigned to the case.  The Debtor estimated assets and liabilities
in the range of $1 million to $10 million.  The petition was signed
by Roger Sahlin, manager.  The Debtor tapped James L. Day, Esq., at
the Bush Strout & Kornfeld LLP as counsel.


DANIEL BACANER: Sale of Memphis Property for $90K Approved
----------------------------------------------------------
Judge Jennie D. Latta of the U.S. Bankruptcy Court for the Western
District of Tennessee authorized Daniel F. Bacaner and Lisa T.
Bacaner to sell the two parcels of real property, known locally as
5219 Millbranch and 5220 Lochinvar in Memphis, Tennessee, to
DeArchie Scott for $90,000.

The sale is free and clear of all liens, claims, and encumbrances,
all of which will attach to proceeds of sale to be distributed, as
follows: (i) to the payment of all administrative expenses of sale
customarily chargeable to the Seller; (ii) to the payment of all
real property tax claims and liens due and owing against 5219
Millbranch; and, (iii) to Synovus.

That Synovus should be and is authorized and directed to accept the
net proceeds of sale in full satisfaction of its claim against the
Debtors, and, that, upon receipt of said proceeds of sale, the
Debtors' liability to Synovus should and will be fully satisfied
and extinguished.

Daniel F. Bacaner and Lisa T. Bacaner sought Chapter 11 protection
(Bankr. D. Tenn. Case No. 09-26292) on June 11, 2009.  The Debtors
estimated total assets at $2,341,803 and total debt at $2,298,450.

The Debtors tapped Eugene G. Douglass, Esq., as counsel.  Their
Chapter 11 Plan was confirmed on Nov. 3, 2010.


DECADE MERGER: Moody's Assigns B3 CFR; Outlook Stable
-----------------------------------------------------
Moody's Investors Service assigned a B3 Corporate Family Rating
(CFR) and B3-PD Probability of Default Rating (PDR) to Decade
Merger Sub, LLC. Concurrently, Moody's assigned a B2 rating to the
proposed $45 million first lien revolver, a B2 rating to the
proposed $450 million first lien term loan, and a Caa2 rating to
the proposed $110 million senior secured second lien term loan. The
rating outlook is stable.

The new loans are being issued as part of a transaction whereby
affiliates of Thomas H. Lee Partners L.P. and co-investors are
purchasing a roughly two-thirds stake in Ten-X. Following
consummation of the buyout, Decade Merger Sub, LLC, the borrower,
will merge with Ten-X, LLC and Ten-X, LLC will be the surviving
entity. For purposes of the credit discussion, Moody's will refer
to Decade Merger Sub, LLC and Ten-X, LLC collectively as "Ten-X".
The transaction is expected to close at the end of September 2017.

Moody's assigned the following ratings to Decade Merger Sub, LLC:

Corporate Family Rating at B3

Probability of Default Rating at B3-PD

$45 million senior secured first lien revolving credit facility
due 2022 at B2 (LGD3)

$450 million senior secured first lien term loan due 2024 at B2
(LGD3)

$110 million senior secured second lien term loan due 2025 at Caa2
(LGD6)

Outlook at Stable

RATINGS RATIONALE

Ten-X's B3 CFR reflects the company's high leverage, small scale
and concentrated business profile but also good profit margins and
a strong position in the market for online real estate
transactions. Pro forma for the transaction, Ten-X's Debt-to-EBITDA
as of June 30, 2017 will measure in the high 6 times area
incorporating Moody's adjustments. This high level of leverage is
supported by solid profit margins and good cash flow and liquidity.
The company's strong foothold in the online market, including an
established base of buyers and sellers, with a scalable online
platform benefits from significant network effects and affords
market participants a potential means to achieve higher net selling
prices by increasing liquidity through broadening of the buyer pool
to include non-local investors and reduce both property holding
periods and costs. The rating also reflects ongoing risks around
the pace of revenue and profit growth given the decline in the
supply of distressed residential real estate properties that the
Auction.com platform, the company's largest revenue and profit
contributor, depends on for listing volume. In order to contend
with the lower supply of distressed residential real estate
properties, the company is re-investing in its core Auction.com
platform to grow market share. Ten-X is also continuing to execute
on building out its commercial real estate platform (Ten-X
Commercial), and longer-term, planning to launch a new service for
the sale of non-distressed residential real estate (Ten-X Homes).
Combined with increased penetration for online transactions in the
real estate market, these strategies can support continued growth
in the business despite the relatively low level of foreclosures.
The rating also incorporates risk from the concentrated source of
many of the assets sold through the platform, the company's small
scale relative to these market participants, and the potential that
tightening of mortgage standards in response to the Great Recession
will limit the level of foreclosures in subsequent downturns. Over
the next 12 to 18 months, Moody's anticipates that Ten-X will
continue generating double-digit EBITA margins and that
Debt-to-EBITDA will decline to the low 6 times area as the company
continues to execute on its strategies in a growing online market
for real estate assets. Moody's expects financial policies will be
aggressive under private equity ownership.

Moody's anticipates that Ten-X will maintain good liquidity over
the next 12 to 15 months supported by positive free cash flow and
revolver availability. Ten-X will have roughly $5 million of cash
on the balance sheet upon completion of the financing and Moody's
projects free cash flow to debt to measure in the mid single digits
over the next 12 months. At the close of the transaction, Moody's
anticipates that the company will also have access to an undrawn
$45 million revolver due 2022. The first lien term loan will have
nominal amortization of 1% per year, or about $4.5 million. The
term loans are not anticipated to have financial covenants while
the revolver will have a springing maximum first lien net leverage
ratio that is tested when more than 35% of the facility is used.
Moody's does not anticipate that the covenant will spring within
the next 12 to 15 months and expects good EBITDA cushion within the
covenant level.

Ten-X's $45 million senior secured revolving credit facility due
2022 and $450 million senior secured first lien term loan due 2024
are each rated B2, one notch above the CFR, reflecting their
priority lien on the collateral relative to the $110 million senior
secured second lien term loan due 2025 which is rated Caa2, two
notches below the CFR. The collateral package consists of
substantially all assets of the borrower and guarantors. The
priority lien on the collateral enhances recovery for the first
lien lenders in the event of default.

The stable rating outlook reflects Moody's expectation for
continued revenue growth, operating performance and cash flows that
support de-leveraging ability.

Factors that could support an upgrade include increased scale as
measured by revenues, further diversification in segment profits,
continued demonstration of the ability to sustain growth during an
improving real estate cycle, and financial policies that are
supportive of Debt-to-EBITDA under 4 times while sustaining good
liquidity.

Factors that could lead to a downgrade include the loss of a
significant supplier, meaningful market share loss, decreased
revenue, debt financed shareholder distributions or acquisitions,
or deterioration in liquidity

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

Ten-X, LLC provides asset sale services for the U.S. residential
and commercial real estate markets. Following the close of the
transaction, affiliates of Thomas H. Lee Partners L.P. and
co-investors will own an approximate two-thirds stake in the
company. Revenues for the twelve months ended June 30, 2017 were
over $300 million.


EASTGATE PROFESSIONAL: Case Summary & 20 Top Unsecured Creditors
----------------------------------------------------------------
Debtor: Eastgate Professional Office Park, Ltd.
        4357 Ferguson Drive #220
        Cincinnati, OH 45245

Type of Business: Established in 1996, Eastgate Professional  
                  Office Park Ltd is a privately held company
                  that operates nonresidential buildings.
                  It owns real properties located at 4360,  
                  4355, 4357, 4358 Ferguson Drive Cincinnati,
                  Ohio 45245, valued by the Company at $8.61
                  million.

Case No.: 17-13307

Chapter 11 Petition Date: September 12, 2017

Court: United States Bankruptcy Court
       Southern District of Ohio (Cincinnati)

Judge: Hon. Jeffery P. Hopkins

Debtor's Counsel: Eric W Goering, Esq.
                  GOERING & GOERING, LLC
                  220 West Third Street, Third Floor
                  Cincinnati, OH 45202
                  Tel: (513) 621-0912
                  E-mail: eric@goering-law.com

Debtor's
Property
Manager &
Leasing
Agent:            THE GREG CROWELL CO
                  d/b/a THE CROWELL COMPANY

Total Assets: $8.64 million

Total Liabilities: $9.31 million

The petition was signed by Gregory K. Crowell, manager.

The Debtor's list of 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/ohsb17-13307.pdf


ENLINK MIDSTREAM: Moody's Gives Ba3 to Series C Preferred Units
---------------------------------------------------------------
Moody's Investors Service assigned a Ba3 rating to EnLink Midstream
Partners, LP's (EnLink) proposed series C fixed-to-floating rate
cumulative redeemable perpetual preferred units (preferred units).
Proceeds from the proposed preferred unit issuance will be used to
repay outstanding borrowings under the company's revolving credit
facility and put cash on the balance sheet. Moody's also affirmed
EnLink's Ba1 Corporate Family Rating (CFR), Ba1-PD Probability of
Default Rating (PDR), and Ba1 senior unsecured notes ratings. The
rating outlook is stable. Moody's ratings are subject to review of
all final documentation, and the final amount of preferred unit
issuance.

Issuer: EnLink Midstream Partners, LP

Rating Assignments:

-- Perpetual Preferred Units, Assigned Ba3 (LGD6)

Ratings Affirmed:

-- Corporate Family Rating, Affirmed Ba1

-- Probability of Default Rating, Affirmed Ba1-PD

-- Senior Unsecured Bonds/Debentures, Affirmed Ba1 (LGD4)

-- Senior Unsecured Shelf, Affirmed (P)Ba1

Outlook Action:

Outlook, Remains Stable

RATINGS RATIONALE

The proposed preferred units are rated Ba3, two notches below the
Ba1 CFR, reflecting their effective subordination to all of the
company's existing senior unsecured notes and the unsecured
revolving credit facility. EnLink's unsecured notes do not benefit
from upstream guarantees from operating subsidiaries and are, as a
result, structurally subordinated to the obligations of EnLink's
subsidiaries. Despite this structural subordination, the unsecured
notes are rated in-line with the CFR as these obligations are not
material in size relative to the unsecured notes to warrant
notching below the CFR.

EnLink's Ba1 CFR is consistent with the rating of Devon Energy
Corporation (Devon, Ba1 stable), reflecting the partnership's high
customer concentration risk with Devon, combined with Devon's
controlling ownership. EnLink's credit profile benefits from a high
proportion of fee-based revenue and significant minimum volume
commitments (MVC) that help provide volume stability and support
cash flow visibility through the end of 2018, and an increasingly
coordinated growth strategy with Devon. These strengths are
partially offset by EnLink's concentration in the mature Barnett
Shale, where volumes have been in decline, and the need to continue
to offset this exposure through growth in other regions such as the
STACK, which entails execution risk. The rating is also restrained
by the inherent risks associated with its high-payout master
limited partnership (MLP) business model.

EnLink's stable outlook reflects the stable outlook of its
controlling owner, Devon.

An upgrade of Devon's ratings could lead to EnLink being considered
for an upgrade. In addition, EnLink needs to maintain leverage
around 4.5x and distribution coverage of at least 1.1x. For an
upgrade, there will also need to be sufficient visibility regarding
the profitable execution of EnLink's ongoing build-out of its STACK
assets, to offset the expected margin decline within its Barnett
Shale assets after their MVCs expire.

Ratings would likely be downgraded if Devon were to be downgraded.
EnLink's ratings could also be downgraded if debt/EBITDA increased
to above 5.5x, or distribution coverage dropped below 1x for a
sustained period. Material debt levels incurred at EnLink
Midstream, LLC (EnLink GP) would also pressure EnLink's rating.

EnLink Midstream Partners, LP, headquartered in Dallas, Texas, is a
publicly traded master limited partnership.

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


FACTORY SALES: Creditor Seeks Conversion, Appointment of Examiner
-----------------------------------------------------------------
Iberdrola Energy Projects Canada Corporation, a creditor of Factory
Sales and Engineering, Inc., asks the U.S. Bankruptcy Court for the
Eastern District of Louisiana to convert the Debtor's Chapter 11
case to a Chapter 7 liquidation, or, alternatively, to authorize
the U.S. Trustee to appoint an examiner to investigate the assets
and financial management of the Debtor from 2013 to the present in
order to identity potential assets, claims, and causes of action on
behalf of the estate for the benefit of the estate and the estate's
numerous creditors.

Iberdrola Energy contends that there is no dispute that
rehabilitation is not possible or even contemplated by the Debtor.
According to the Debtor's principal at the meeting of the
creditors, the Debtor has not actively pursued new business since
2016 and effectively shut down its operations in January 2017.

In addition, the Debtor's principal stated that the purpose for the
conversion to chapter 11 was to allow for the Debtor to complete
its project with Electrica Nueva Energia, S.A. in Chile and manage
its ongoing litigation before ultimately seeking confirmation of a
liquidating plan.

Iberdrola Energy avers that the Debtor has no cash flow apart from
post-petition financing provided by Texas Capital Bank, for which
Texas Capital Bank has received administrative superpriority claim
status secured by a blanket lien on all otherwise unpledged assets
of the Debtor's estate.

Iberdrola Energy relates that in the approximately two months since
the involuntary petition was filed to commence this case, the
Debtor has burned through roughly $250,000 in gap-period financing
and $253,000 in post-petition financing, despite the fact that the
Debtor effectively ceased operations in January 2017.

Iberdrola Energy complains that despite the fact that the Debtor is
no longer providing services in connection with its contract with
Electrica Nueva Energia, S.A. in Chile, the Debtor has still
maintained its request for additional post-petition financing,
including financing to pay the benefits and salary of its insider
principal, James Thibaut and to pay for extensive overhead expenses
in connection with its office facility.

Iberdrola Energy also complains that to the extent that Texas
Capital Bank's gap period or post-petition financing is paid
through its superpriority status secured by collateral over and
above the collateral in which they had a perfected, pre-petition
security interest, such payments will come at the expense of
unsecured creditors.

Accordingly, Iberdrola Energy claims that the ongoing litigation in
the instant case can be managed by the chapter 7 trustee: (a)
without the need to pay Mr. Thibaut's substantial salary and
benefits; (b) without continuing to pay the considerable overhead
for the Debtor's offices; and (c) without assuming the Liquidation
Agreement whereby 15% of any recovery could be paid to Mr. Thibaut.


Additionally, Iberdrola Energy believes that the Chapter 7 trustee
can conduct a reasonable investigation into the estate's assets to
identify additional assets, claims, or causes of action that could
provide additional benefit to the estate and its creditors. To the
extent there are no additional assets, claims, or causes of action
to pursue, Iberdrola Energy believes that the chapter 7 trustee can
resolve and liquidate the claims and assets of the Debtor for
substantially less than the costs associated with the current
management by the debtor-in-possession.

Moreover, Iberdrola Energy asserts that an appointment of an
examiner is required because the Debtor has over $5,000,000 in
fixed, liquidated, and unsecured debts other than debts for goods,
services, or taxes, or owing to an insider.

Iberdrola Energy is represented by:

           Richard A. Aguilar, Esq.
           Rudy J. Cerone, Esq.
           Mark J. Chaney, III, Esq.
           MCGLINCHEY STAFFORD, PLLC            
           12th Floor, 601 Poydras Street
           New Orleans, Louisiana 70130
           Telephone: (504) 586-1200
           Facsimile: (504) 596-2800

                About Factory Sales and Engineering

An involuntary Chapter 7 petition was filed against Factory Sales
and Engineering, Inc. (Bankr. E.D. La. Case No. 17-11446) on June
6, 2017.  The involuntary petition was served on Debtor on Sunday,
June 18.  The creditors who signed the petition are Iberdrola
Energy Projects Canada Corporation, represented by Richard A.
Aguilar, Esq., at Mcglinchey Stafford; Maxim Crane Works, L.P.,
represented by John T. Andrishok, Esq., at Breazeale, Sachse &
Wilson; and Precision Bearing & Machine, Inc., represented by A.
Todd Darwin, Esq.

On July 10, the Debtor filed its ex parte motion to convert to
Chapter 11, in which it sought to exercise its right, pursuant to
Bankruptcy Code section 706(a), to convert this case to a Chapter
11 reorganization. On July 17, 2017, the Court entered an order
granting the Debtor's motion to convert the case to a Chapter 11
case, and the Debtor became a debtor-in-possession.

The Debtor's ongoing operations are limited to a project in Chile
that is in the commissioning stage.

Judge Jerry A. Brown presides over the case.

The Debtor tapped Stone Pigman Walther Wittman LLC as bankruptcy
counsel, and Levesque Law Firm, LLC, as special counsel.


FOLTS HOME: Nursing Staffing Shortages Continues, PCO Says
----------------------------------------------------------
Krystal Wheatley, the Patient Care Ombudsman appointed for Folts
Home, and its affiliated-debtors, has filed a Fifth Report before
the U.S. Bankruptcy Court for the Northern District of New York on
August 24, 2017.

The PCO reported that she continues to receive concerns related to
staffing shortages in both sections of the facility. Due to ongoing
concerns, the PCO has observed the facility on evenings and on a
weekend day shift to monitor for unsafe levels of staffing. The PCO
observed only two resident assistants providing help to over 60
residents on the Claxton Adult Care side of the facility -- the
administrator claimed the staffing on that side of the facility was
sufficient because those residents are not as dependent on staff
for basic care needs. As previously reported, the PCO believed that
nursing staff shortage concern continues to be challenging to
verify, although the PCO has suspected that there is an issue.

The PCO also received concerns throughout the facility regarding
the uncertainty of the new corporation taking over and observes
staff members and residents in the environment growing more skeptic
as the bankruptcy process continues. However, this transition of
ownership in August never occurred and leaves many staff and
residents curious and frustrated.

The PCO noted that many thought that they should have answers to
what is going on by now, and feel they are not being communicated
with. As such, the PCO recommended that the facility may immensely
benefit from having regular and accurate communication throughout
this period and suppress rumors.

The PCO observed that the administration seemed to work diligently
to maintain good staff, and raise the morale of the facility
throughout this time. Even with the efforts to sustain good staff,
a turnover is apparent in the nursing sector. The PCO reported that
the facility recently lost their previous Director of Nursing and a
Nurse Manager, amongst other staff -- administration has since
replaced the Director of Nursing.

The PCO interviewed the new Director of Nursing, where Director of
Nursing expressed her desire to give nursing staff more incentives
to stay with the facility. The Director of Nursing also claimed she
was investigating systemic issues such as outsourcing facility
business to more efficient companies for medications and medical
related supplies. The Director of Nursing is also working to
re-educate nursing staff in their role.

The PCO also reported that the new Director of Nursing seeks
permission from corporate to bring updated technology into the
facility that will allow nursing staff to be more efficient and
allow for resident records to be easily accessed and updated. The
new Director of Nursing claimed that the new computer systems are
mandatory with the new tier of federal nursing home regulations.

A full-text copy of the Fifth PCO Report, dated August 24, 2017, is
available at https://is.gd/GBduhz

                        About Folts Home

Folts Home is a New York not-for-profit corporation and the owner
of a 163-bed long-term residential health care and rehabilitation
facility located at 100-122 North Washington Street, Herkimer, New
York.  In addition to long-term skilled nursing and residential
care, Folts Home provides memory care to residents with dementia,
palliative care and respite care and operates an adult day care
program.  Folts Home also offers rehabilitation services, like
physical, occupational and speech therapy, on both inpatient and
out-patient bases.  Currently, Folts Home has approximately 218
active employees.  Approximately 124 of the employees are
full-time, 60 are part-time and 34 employees are employed on a per
diem basis None of Folts Home's employees are represented by labor
unions.

Folts Adult Home, Inc. ("FAH"), also known as Folts-Claxton, is a
New York not-for-profit corporation and the owner of an 80-bed
adult residential center that was constructed in 1998 and is
located at 104 North Washington Street, Herkimer, New York.  FAH
residents reside in separate apartments and are provided services
like daily meals, laundry, housekeeping and medication assistance.
FAH has approximately 22 active employees.  Approximately 12 are
full-time employees and 10 are part-time employees.  None of FAH's
employees are represented by labor unions.

Folts Home and FAH currently have average daily censuses of 145 and
69, respectively.  Folts Home has 3 major payors: Medicare,
Medicaid and Excellus/Blue Cross.  The majority of FAH residents
are government subsidized, with 58% covered by Social Security
Insurance and 42% private pay.

Folts Home and Folts Adult Home, Inc., filed separate, voluntary
petitions for relief under Chapter 11 of the Bankruptcy Code
(Bankr. N.D.N.Y. Lead Case No. 17-60139) on Feb. 16, 2017.  The
Hon. Diane Davis presides over the cases.  Stephen A. Donato, Esq.,
at Bond, Schoeneck & King, PLLC, serves as the Debtors' counsel.

Folts Home and Folts Adult Home, Inc., through duly-appointed
receivers HomeLife at Folts, LLC and HomeLife at Folts-Claxton,
LLC, continue to operate their skilled nursing home and adult
residence businesses, respectively, and manage their properties as
debtors in possession.

William K. Harrington, the U.S. Trustee for Region 2, appointed
Krystal Wheatley as patient care ombudsman for the Debtors.


FRIENDSHIP VILLAGE: Asks Court to Approve Disclosure Statement
--------------------------------------------------------------
Friendship Village of Mill Creek, NFP, asks the U.S. Bankruptcy
Court for the Northern District of Illinois to approve the
disclosure statement and to schedule a hearing.

The debtor also wants the Court to reduce the time within which
parties may object to the approval of the joint disclosure
statement and limit the parties who may receive notice of the
objection deadline and hearing on the adequacy of the joint
disclosure statement.

After July 19, 2017, the Debtor started to work on the terms of a
plan of reorganization jointly sponsored by the Debtor and the
Debtor's corporate Member, Friendship Senior Options, NFP, with the
objective of implementing FSO's bid as quickly as possible in order
to preserve, to the extent possible, the value of the campus.

The Debtor and FSO intend to file that Plan, together with a joint
disclosure statement, which will propose that:

     a. FSO retain its membership interest in the Debtor, and the
        property of the Debtor's bankruptcy estate will revest in
        the Debtor;

     b. the Debtor assume all of its contracts with current
        residents of the Campus, as well as those former residents

        of the Campus (or their estates) whose residency
        agreements with the Debtor have not yet been fully
        performed, leaving the interests of these current and
        former residents unimpaired;

     c. the Debtor assume most if not all of its executory
        contracts with its current suppliers and vendors, leaving
        the interests of the contract counter-parties unimpaired;

     d. the Debtor make a payment to the Bond Trustee, for
        distribution to the Bondholders under the terms of the
        bond indenture and trust agreements which are now in
        effect, of $52.8 million, plus an additional amount of the

        Debtor's cash which remains on hand when the Plan becomes
        effective;

     e. FSO contribute $5 Million of new equity to the Debtor;

     f. most of the cash needed to fund the Plan and make payments

        to the Debtor's creditors under the Plan will be raised
        through separate bond transactions which are subject to
        the advance approval of the Illinois Finance Authority,
        the State agency which has authority over the matters; and

     g. the Debtor and FSO expect to present their separate bond
        proposals to the IFA on Sept. 14, 2017, for initial
        consideration, and on Oct. 12, 2017, for final approval.

Although the Debtor is quite confident that it can grow and
preserve the Campus after it exits Chapter 11, occupancy in the
independent living and assisted living areas of the Campus has
declined since the commencement of the Case and as compared to
occupancy levels one year ago.  As the Debtor believes that the
decline in occupancy is primarily due to uncertainties perceived by
prospective residents generated by the pendency of this case, the
Debtor is keenly interested in exiting Chapter 11 as quickly as the
U.S. Bankruptcy Code and the applicable rules permit.  In addition,
the Debtor, in its business judgment, believes that it is essential
for the reorganized Debtor to attempt to increase occupancy by
launching a marketing program immediately upon the substantial
consummation of the Plan, preferably, no later than Nov. 3, 2017.
The December holidays are typically a less favorable time for CCRC
properties to launch a marketing program.  This, in the Debtor's
business judgment, creates an urgent need to take reasonable steps
to accelerate the Debtor's exit from Chapter 11, if this can be
done without materially sacrificing the right of the stakeholders
in this case to be heard.

To minimize these potential risks, the Debtor proposes that the
Court exercise its discretion under Bankruptcy Rule 9006(c) to
advance the hearings on the adequacy of the Disclosure Statement
and the hearing on confirmation of the Plan.  The Debtor's ultimate
objective is to position the Case for confirmation no later than
Oct. 19, 2017, and to substantially consummate the Plan no later
than Nov. 3, 2017.

The Debtor asks the Court set these deadlines and hearing dates and
times, relative to the determination of the adequacy of the
disclosures made in the Joint Disclosure Statement:

     -- on or before 5:00 p.m. Eastern Time on Sept. 1, 2017, the
        Debtor, through its noticing agent, Donlin Recano & Co.,
        Inc., will send a copy of the Court's order which grants
        this request together with a copy of the Plan and
        Disclosure Statement to the Debtor's 20 largest creditors,

        counsel for the Bond Trustee, the U.S. Trustee, the U.S.
        Attorney, and all parties which have appeared in this case
        and requested notice of proceedings;

     -- the Notice Parties will have until Sept. 18, 2017, to file

        objections to the adequacy of the disclosures contained in

        the Disclosure Statement; and

     -- a hearing will be held on Sept. 20, 2017, at 2:00 p.m.
        (effectively, 19 days after the transmission of notice of
        the hearing on approval of the Disclosure Statement to the

        Notice Parties) to consider any objections to the
        Disclosure Statement filed by the Notice Parties and to
        address any concerns about the Disclosure Statement that
        the Court may raise sua sponte.

The schedule which the Debtor proposes through this request for the
approval of the Disclosure Statement, and the schedule which the
Debtor intends to propose (through separate motion) relative to
confirmation of the Plan, would allow a confirmation order entered
on Oct. 19, 2017, to become final and non-appealable on Nov. 3,
2017.  This schedule would permit the bond financings which will be
the primary source of payments to creditors under the Plan, to
close on that day.

The Debtor tells the Court that its request to shorten the time for
objection and hearing on the Disclosure Statement and limit notice
of those hearing and objection dates to the parties who have been
active in this case, should cause no prejudice to parties in
interest.  The Plan does not disturb or impair the contract rights
or claims of the Debtor's current or former residents whose
residency agreements remain executory.  The contracts of most or
all of the Debtor's current vendors will likely be assumed by the
reorganized Debtor under the Plan.  The Debtor's remaining
creditors, apart from the Bond Trustee and Bondholders, are
primarily priority claimants who must be paid in full under the
U.S. Bankruptcy Code for the Plan to be confirmed.  The proposed
payment of the Bond Claim through the receipt of the $52.8 million
in proceeds (and other cash consideration from the Debtor) has been
disclosed to creditors (including Bondholders) for many months.  In
addition, Bondholders will have the full period to review and vote
on the proposed Plan.

The reduction in the notice, objection and hearing dates associated
with the approval of the Disclosure Statement requested in this
motion will go far to minimize the concerns of the Debtor, FSO, and
the parties who are working to prepare and obtain the requisite
governmental approvals for the bond issues which will provide the
primary funding for the Plan, which could potentially arise if the
Debtor’s exit from chapter 11 was delayed until December 2017 or
later.

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

          http://bankrupt.com/misc/ilnb17-12470-132.pdf

            About Friendship Village of Mill Creek

Friendship Village of Mill Creek, NFP, doing business as
GreenFields of Geneva, owns and operates a continuing care
retirement community located in Geneva, Illinois, known as
GreenFields of Geneva ("Campus").  The Campus is improved with a
building which includes (i) 147 independent living units, (ii) 51
assisted living units, (iii) 26 memory support-assisted living
units, (iv) 43 nursing beds, and (v) related common areas and
parking.  Approximately 270 senior citizens reside at the Campus.

Friendship Village of Mill Creek sought Chapter 11 protection
(Bankr. N.D. Ill. Case No. 17-12470) on April 20, 2017.

                          *     *     *

GreenFields of Geneva has filed a motion to sell substantially all
assets to Friendship Senior Options ("FSO") for $52,800,000,
subject to overbid.  In connection with the sale process, the
Debtor proposed a July 19, 2017 deadline for bids and an auction on
July 26.

Stahl Cowen Crowley Addis, LLC, is serving as counsel to the
Debtor, with the engagement led by Bruce Dopke, Esq., Kevin V.
Hunt, Esq., and Melissa J. Lettiere, Esq., in Chicago, Illinois.


GRACIOUS HOME: Needs More Time for Committee Talks, to File Plan
----------------------------------------------------------------
Gracious Home, LLC, and its affiliated debtors file with the U.S.
Bankruptcy Court for the Southern District of New York a third
motion, seeking further extension of their exclusive periods to
file a chapter 11 plan and solicit votes on the plan until November
10, 2017, and January 9, 2018, respectively.

A hearing to consider the Debtors' request for extension will be
held for September 26, 2017 at 10:00 a.m.  Any responses or
objections to the motion are due no later than September 19.

At the outset of these cases, the Debtors contend that they were
focused on stabilizing their business and responding to the
inevitable time-consuming demands attendant with a chapter 11
filing.  Particularly, the Debtors submit that they have obtained a
debtor in possession financing facility which allowed them to
re-start their business.  In addition, the Debtors submit that they
have re-started their business by purchasing new merchandise and
re-launching their online presence.

On June 29, 2017, the Court entered a Sale Order authorizing the
sale of the Debtors' assets to NEWGH, LLC.  The sale closed on June
30.  The Debtors aver that they sold the business which sale
preserved their ongoing operations, employment of numerous
personnel and relations with existing suppliers.

However, the Debtors maintain that they are still actively
negotiating a joint plan with the Committee and expect to finalize
the plan shortly.  The Debtors now seek a further extension of
their Exclusive Periods in order to negotiate the terms of a
confirmable plan with the Committee and other interested parties.
Accordingly, the Debtors contend that they need additional time to
formulate a liquidating plan in relation to the sale.

                    About Gracious Home LLC

Founded in 1963, Gracious Home LLC began as a small neighborhood
hardware store on Manhattan's Upper East Side. Today, Gracious Home
operates housewares and home furnishings business at various leased
retail store and warehouse locations and an internet-based
business, all under the name "Gracious Home." Its retail locations
are located at:

  (a) 1992 Broadway, New York, NY 10023;
  (b) 1210-1220 Third Avenue, New York, NY;
  (c) 1201 Third Avenue, New York, NY 10021; and
  (d) 45 West 25th Street, New York, NY 10010.

Gracious Home LLC and its affiliates filed for bankruptcy
protection (Bankr. S.D.N.Y. Case No. 16-13500) on Dec. 14, 2016.
The Debtors estimated $10 million to $50 million in assets and
liabilities as of the bankruptcy filing.

The Debtors tapped Joseph J. DiPasquale, Esq., at Trenk,
Dipasquale, Della Ferra & Sodono, P.C., as counsel; Saul Ewing LLP
as special employment counsel; and K&L Gates LLP as special
intellectual property counsel.  The Debtors also tapped B. Riley &
Co. as restructuring advisor; A&G Realty Partners, LLC, as real
estate advisor; and Prime Clerk LLC as claims and noticing agent;
Citrin Cooperman & Company, LLP, as tax advisor.

The Office of the U.S. Trustee on Jan. 6, 2017, appointed five
creditors to serve on an official committee of unsecured creditors.
The Committee retained Seward & Kissel LLP as counsel, and Wyse
Advisors, LLC, as financial advisor.


GRIFFIN OF LA: S&P Alters Outlook on 2011A-1 Revenue Bonds to Pos.
------------------------------------------------------------------
S&P Global Ratings revised the outlook on California Municipal
Finance Authority's series 2011A-1 multifamily housing revenue
bonds, issued for Griffin of LA L.P. for the Casa Griffin
apartments project, to positive from negative, and affirmed the
'BB+' rating on the debt.

"The outlook revision reflects our opinion of a debt service ratio
that improved in fiscal 2016 and which is expected to continue
improving in fiscal 2017," said S&P Global Ratings credit analyst
Emily Avila. "In addition, an increase in the loan-to-value ratio
resulted in what we consider an adequate loss coverage level in
fiscal 2016 compared to the highly vulnerable loss coverage level
in fiscal 2015. We believe a higher rating could be warranted
within the outlook period of one year if the debt service coverage
were to remain at levels above 1.1x."

Officials used series 2011A-1 bond proceeds to finance the
acquisition and rehabilitation of a multifamily apartment complex
known as Casa Griffin apartments in Los Angeles. The authority also
issued the series 2011B-2 subordinate bonds, which S&P does not
rate.

The borrower, Griffin of LA L.P., used a portion of bond proceeds
and other funds to complete major interior and exterior renovations
at the project after closing. Griffin of LA L.P., is a single-asset
entity, of which IAHI-Griffin LLC, is the general partner.


HANSELL/MITZEL: Seeks December 10 Plan Exclusivity Extension
------------------------------------------------------------
Hansell/Mitzel, LLC and Daniel Mitzel and Patricia Burklund submit
a second motion with the U.S. Bankruptcy Court for the Western
District of Washington, seeking an extension of the exclusivity
periods within which only the Debtors may file a chapter 11 plan of
reorganization and soliciting acceptances of a plan through and
including December 10, 2017 and February 9, 2018, respectively.

A hearing on the Debtors' Second Extension Motion will be held
September 29, 2017, at 9:30 a.m.  The response deadline is
September 22.

Through post-petition ordinary course sales of its real property,
Hansell/Mitzel has paid down at least $1,307,000 of outstanding
debt to secured creditors -- Washington Federal and Seattle Bank.

The Debtors explain that currently pending before the Court is
their First Amended Joint Plan of Reorganization, with a
preliminary confirmation hearing scheduled for September 20.  The
Plan proposes to liquidate the LLC's assets and to pay Mitzel's
creditors in full.  At this time, Mitzel's counsel has received no
vote to reject the Plan.

Although the Debtors have reached understandings with Seattle Bank
and Peoples Bank, among others, they contend that progress in
negotiating with Washington Federal has been more difficult.  But
the Debtors believe that the parties are close to coming to terms
and that an extension of the Exclusive Periods would facilitate a
negotiated settlement that would benefit all interested parties.

While the Debtors anticipate that the Court will confirm the Plan,
which proposes to add substantial value to secured collateral,
Washington Federal opposed approval of the Debtors' joint
disclosure statement and will, in all likelihood, object to the
Plan's confirmation.

In the off-chance that the Court cannot or will not confirm the
Plan, the Debtors state they are obligated to ensure that they
retain the exclusive right to propose, and solicit acceptances of,
a second amended joint plan.

Accordingly, with Washington Federal's opposition in mind, the
Debtors tell the Court they have no choice but to seek a further
extension of the Exclusive Periods.  After all, the Debtors claim
that the Plan contemplates the further development of Washington
Federal's collateral, which would add significant value thereto,
and is in the best interests of all interested parties.

                     About Hansell/Mitzel

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

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

Judge Timothy W. Dore presides over the Chapter 11 cases.  Bush
Kornfeld LLP serves as the Debtor's bankruptcy counsel.


HARTFORD CITY: Moody's Cuts General Obligation Debt Rating to Caa1
------------------------------------------------------------------
Moody's Investors Service has downgraded the City of Hartford, CT's
general obligation debt rating to Caa1 from B2. The rating is under
review for possible downgrade. Debt affected totals approximately
$550 million.

The downgrade to Caa1 reflects the increased risk of default given
recent statements by the mayor that the city will run out of funds
in 60 days in the absence of a state budget providing adequate
funding to the city. The rating further incorporates the city's
commitment to restructuring its debt regardless of the state budget
outcome and level of support (if any) from the state.

The rating also reflects the city's precarious liquidity position
that could result in insufficient cash flow to meet upcoming debt
obligations which could result in a loss to bondholders. The city
has a $5.9 million debt service payment due on October 1st and $21
million in tax anticipation notes payable on October 31st.
Additionally, the city has debt service payments in every month of
the fiscal year, compounding the possibility of default at any
time. The city's repeated reference to bankruptcy suggests a
willingness to default. Future review will focus on the severity of
expected loss to bondholders and an analysis of how much debt the
city has the capacity to support. The review will be concluded
within 90 days.

Rating Outlook

The rating is under review for downgrade based on the evolving
situation at both the city and state that could result in a
material impairment to bondholders through a debt restructuring,
default and/or bankruptcy. Future review will focus on the severity
of loss to bondholders and the amount of debt that the City has the
capacity to afford in the long term. The review will be concluded
within 90 days.

Factors that Could Lead to an Upgrade

  Development of a long term sustainability plan that does not
include a debt restructuring plan that impairs bondholders

  A significant increase in recurring revenues

  Timely payment on all debt obligations with expressed commitments
to honor future obligations in full

Factors that Could Lead to a Downgrade

  Lack of a state budget with additional support for the city

  A state budget adoption that provides insufficient support

  Default on debt obligations

  Bankruptcy filing, or increasing likelihood of a filing, by the
City of Hartford

  Bondholder recoveries under 90% in a potential debt
restructuring

Legal Security

The bonds are secured by the city's full faith and credit general
obligation pledge including the ability to levy property taxes, not
limited by rate or amount.

Use of Proceeds. Not applicable.

Obligor Profile

Hartford, the state's capital, has an estimated population of
125,130 (American Community Survey estimates).

Methodology

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


HELLENIC PROPERTY: Oct. 17 Plan Confirmation Hearing
----------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of North Carolina
has conditionally approved Hellenic Property Ventures, LLC's
disclosure statement dated Aug. 25, 2017, referring to the Debtor's
plan of reorganization dated Aug. 25, 2017.

A hearing on the confirmation of the Plan will be held on Oct. 17,
2017, at 9:30 a.m.

Objections to the Plan must be filed by Oct. 5, 2017.

Written acceptances or rejections of the Plan must be filed by Oct.
5, 2017.

As reported by the Troubled Company Reporter on Sept. 4, 2017, the
Debtor filed with the Court the Disclosure Statement for its Plan,
which states that Class IX under the plan consists of all creditors
holding Allowed General Unsecured Claims.  It is estimated that
there will be approximately $5,719.30 of Allowed Class IX General
Unsecured Claims.  Each Class IX Claim will be paid 100% of their
allowed claims in equal quarterly installments over a period of 60
months following the Effective Date of the Plan, with interest to
accrue at 3 % per annum.

              About Hellenic Property Ventures

Based in Liberty, North Carolina, Hellenic Property Ventures, LLC,
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
M.D.N.C. Case No. 17-10505) on April 27, 2017.  The petition was
signed by Spiro D. Laousis, member manager.

At the time of the filing, the Debtor estimated assets of less than
$100,000 and liabilities of less than $50,000.

The case is assigned to Judge Catharine R. Aron.  The Debtor is
represented by Ivey, McClellan, Gatton & Siegmund.


HHGREGG INC: Court Approves Class Action Asset Sale Procedures
--------------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court issued
an order, granting in part hhgregg's motion for orders scheduling a
bid procedures hearing; authorizing and approving bid procedures;
approving notice procedures; scheduling a sale hearing and
authorizing the sale of the Debtors' class action assets free and
clear of all claims, liens, rights, interests and encumbrances and
approving successful bidder agreement(s). The order states, "The
Class Action Sale Motion, to the extent applicable to the Sale
Assets, is approved. B. The offer by Clearmeadow to purchase the
Sale Assets for a purchase price equal to the sum of: (a)
$1,250,000 paid in cash at Closing (the 'Cash Component'); plus (b)
an amount equal to 50% of all Sale Assets settlement recoveries or
other proceeds of the Sale Assets received by Clearmeadow in
respect of its ownership of the Sale Assets in excess of $1,500,000
(the 'Share Component' and with the Cash Component, the 'Purchase
Price') is approved as the highest and/or otherwise best offer
received by the Estate Parties for the sale of the Sale Assets. The
offer by PRA to purchase the Sale Assets for a purchase price equal
to the sum of (a) $1,000,000 paid in cash at Closing; plus (b) an
amount equal to 50% of all Sale Assets settlement recoveries or
other proceeds of the Sale Assets received by PRA in respect of its
ownership of the Sale Assets in excess of $1,200,000 is approved as
the 'Back-Up Bid.'"

                       About hhgregg Inc.

Indianapolis, Indiana-based hhgregg, Inc., is an appliance,
electronics and furniture retailer.  Founded in 1955, hhgregg is a
multi-regional retailer currently with 220 stores in 19 states that
also offers market-leading global and local brands at value prices
nationwide via http://www.hhgregg.com/

hhgregg Inc., Gregg Appliances Inc. and HHG Distributing LLC sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.
Ind. Lead Case No. 17-01302) on March 6, 2017.  The petitions were
signed by Kevin J. Kovacs, chief financial officer.

At the time of the filing, hhgregg and HHG Distributing estimated
assets and liabilities of less than $50,000.  Gregg Appliances
estimated assets and liabilities at $100 million to $500 million.

The Debtors engaged Morgan, Lewis & Bockius LLP and Ice Miller LLP
as counsel; Berkeley Research Group, LLC as financial advisor;
Stifel and Miller Buckfire & Co. as investment banker; Hilco IP
Services as intellectual property advisor; Altus Group US, Inc. as
tax advisor; and Donlin, Recano & Company, Inc. as claims and
noticing agent.

The U.S. Trustee has appointed creditors to serve on the official
committee of unsecured creditors in the case of Gregg Appliances,
Inc., Case No. 17-01303-RLM-11.  No official committee has been
appointed in the cases of hhgregg, Inc., No. 17-01302-RLM-11 or HHG
Distributing, LLC, No. 17- 01304-RLM-11.

The Committee hired Cooley LLP and Bingham Greenebaum Doll LLP as
counsel, and ASK LLP as avoidance claims counsel.  The Committee
retained Province Inc. as financial advisor.

Counsel to the Agent for the Debtors' prepetition secured lenders
and the lenders providing DIP financing are Sean M. Monahan, Esq.,
at Choate, Hall & Stewart LLP; and Jay Jaffe, Esq., at Faegre Baker
Daniels, LLP.

Counsel to the FILO Agent is Stuart Brown, Esq., at DLA Piper LLP.

                          *     *     *

When hhgregg filed for Chapter 11 bankruptcy, it had signed a term
sheet with an anonymous party to purchase the Company assets.  The
Company said at that time it expected a quick and smooth process
through Chapter 11 with emergence in approximately 60 days.  Ten
days later, hhgregg said it has terminated the nonbinding term
sheet with the anonymous party because the Company was unable to
reach a definitive agreement on terms, and said it continues to
work with interested third parties to purchase assets of the
business.  hhgregg added it had received strong interest from third
parties interested in buying some or all of the Company's assets.

Subsequently, hhgregg executed a consulting agreement with a
contractual joint venture comprised of Tiger Capital Group, LLC,
and Great American Group, LLC, to conduct a sale of the merchandise
and furniture, fixtures and equipment located at the Company's
retail stores and distribution centers.

In an April order, the Bankruptcy Court approved, at the Company's
request, a plan for the Company to close 132 retail stores and the
Company's distribution centers.

According to a disclosure with the Securities and Exchange
Commission in March, debtors Gregg Appliances, Inc., and HHG
Distributing, LLC, entered into a Consulting Agreement with a
contractual joint venture between Tiger Capital Group and Great
American Group to conduct the sale of the merchandise and
furniture, fixtures and equipment located at the Company's 132
retail stores and the distribution centers.

As of June 8, 2017, the Debtors have completed store closing sales
in all its stories.

The Company has said it does not anticipate any value will remain
from the bankruptcy estate for the holders of the Company's common
stock, although this will be determined in the continuing
bankruptcy proceedings.


HUMANIGEN INC: Incurs $6.15 Million Net Loss in Second Quarter
--------------------------------------------------------------
Humanigen, Inc. filed with the Securities and Exchange Commission
its quarterly report on Form 10-Q disclosing a net loss of $6.15
million for the three months ended June 30, 2017, compared to a net
loss of $12.01 million for the three months ended June 30, 2016.

For the six months ended June 30, 2017, Humanigen reported a net
loss of $11.70 million compared to a net loss of $17.43 million for
the six months ended June 30, 2016.

As of June 30, 2017, Humanigen had $1.92 million in total assets,
$16.61 million in total liabilities and a total stockholders'
deficit of $14.69 million.

The Company has incurred significant losses and had an accumulated
deficit of $252.3 million as of June 30, 2017.  The Company has
financed its operations primarily through the sale of equity
securities, debt financings, interest income earned on cash and
cash equivalents, grants and the payments received under its
agreements with Novartis Pharma AG and Sanofi Pasteur S.A.  The
Company completed its initial public offering in February 2013.  To
date, none of the Company's product candidates have been approved
for sale and therefore the Company has not generated any revenue
from product sales.  Management expects operating losses to
continue for the foreseeable future.  As a result, the Company will
continue to require additional capital through equity offerings,
debt financing and/or payments under new or existing licensing or
collaboration agreements.  The Company said if sufficient funds are
not available on acceptable terms when needed, the Company could be
required to significantly reduce its operating expenses and delay,
reduce the scope of, or eliminate one or more of its development
programs.  The Company's ability to access capital when needed is
not assured and, if not achieved on a timely basis, could
materially harm its business, financial condition and results of
operations.  These conditions raise substantial doubt about the
Company's ability to continue as a going concern.

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

                     https://is.gd/JV7Ehj

                     About Humanigen, Inc.

Humanigen, Inc., formerly known as KaloBios Pharmaceuticals, Inc.
-- http://www.humanigen.com/-- is a biopharmaceutical company
focused on developing medicines for patients with neglected and
rare diseases, with an ancillary focus on pediatric conditions.
The Company's lead product candidate is benznidazole for the
treatment of Chagas disease, a parasitic illness that can lead to
long-term heart, intestinal and neurological problems.  The Company
acquired certain worldwide rights to benznidazole on
June 30, 2016, and the Company is focused on the development
necessary to seek and obtain approval by the United States Food and
Drug Administration for benznidazole and the subsequent
commercialization, if approved.  After a meeting with FDA in
December 2016, the Company confirmed, through FDA-issued guidance,
that benznidazole is eligible for review pursuant to a 505(b)(2)
regulatory pathway as a potential treatment for Chagas disease and,
if it becomes the first FDA-approved treatment for Chagas disease,
the Company would be eligible to receive a Priority Review Voucher.
The Company submitted its Investigational New Drug (IND)
application for benznidazole to FDA and the IND became effective on
June 26, 2017.  In addition, the FDA informed the Company on July
10, 2017, that it granted Orphan Drug Designation to benznidazole
for the treatment of Chagas disease.

KaloBios filed a voluntary petition for bankruptcy protection under
Chapter 11 of Title 11 of the United States Bankruptcy Code (Bankr.
D. Del. Case No. 15-12628) on Dec. 29, 2015.  The Company was
represented by Eric D. Schwartz of Morris, Nichols, Arsht &
Tunnell.  KaloBios emerged from Chapter 11 bankruptcy six months
later.

On Jan. 13, 2016, the Company's common stock was suspended from the
Nasdaq Global Market and began trading on the over-the-counter
market under the KBIOQ symbol.  On Jan. 26, 2016, NASDAQ filed a
Form 25 with the Securities and Exchange Commission to complete the
delisting of the common stock, and the delisting was effective on
Feb. 5, 2016.  On June 30, 2016, upon emergence from bankruptcy,
the ticker symbol for the trading of the Company's common stock on
the over-the-counter market reverted back to KBIO.  On June 26,
2017, the Company's common stock began trading on the OTCQB Venture
Market under the same ticker symbol.  On Aug. 7, 2017, following
the effectiveness of the Company's previously reported name change,
the Company's common stock began trading on the OTCQB Venture
Market under the new ticker symbol "HGEN".

The Company reported a net loss of $27.01 million in 2016,
following a a net loss of $35.37 million in 2015.  

HORNE LLP, in Ridgeland, Mississippi, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2016, noting that the Company has recurring losses
from operations that raise substantial doubt about its ability to
continue as a going concern.


JC FITS: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------
Debtor: JC Fits, Inc.
        2305 E. 52nd St.
        Los Angeles, CA 90058

Type of Business: JC Fits, Inc., is a women's apparel
                  wholesaler in Los Angeles, California.

Case No.: 17-21123

Chapter 11 Petition Date: September 12, 2017

Court: United States Bankruptcy Court
       Central District of California (Los Angeles)

Judge: Hon. Robert N. Kwan

Debtor's Counsel: Joon M Khang, Esq.
                  KHANG & KHANG LLP
                  18101 Von Karman Ave 3rd Fl
                  Irvine, CA 92612
                  Tel: 949-419-3834
                  Fax: 949-419-3835
                  E-mail: joon@khanglaw.com

Total Assets: $588,530

Total Liabilities: $1.56 million

The petition was signed by Jeong H. Choi, president.

The Debtor's list of 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/cacb17-21123.pdf


KABBALAH TAXI: Taps Trenk DiPasquale as Legal Counsel
-----------------------------------------------------
Kabbalah Taxi Inc. seeks approval from the U.S. Bankruptcy Court
for the District of New Jersey to hire Trenk, DiPasquale, Della
Fera & Sodono, P.C. as legal counsel.

The firm will, among other things, advise the company and its
affiliates regarding their duties under the Bankruptcy Code;
negotiate with creditors; advise the Debtors regarding the sale of
their assets; and assist in the preparation of a Chapter 11 plan of
reorganization.

The firm's standard hourly rates range from $375 to $615 for
partners, $250 to $300 for associates, and $145 to $215 for
paralegals and legal assistants.  Law clerks charge $195 per hour.

Trenk DiPasquale was paid an initial retainer of $100,000, plus
$22,321 for the filing fees.

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

The firm can be reached through:

     Joseph J. DiPasquale, Esq.
     Thomas M. Walsh, Esq.
     Robert S. Roglieri, Esq.
     Trenk, DiPasquale, Della Fera & Sodono, P.C.
     347 Mount Pleasant Avenue, Suite 300
     West Orange, NJ 07052
     Phone: 973-243-8600
     Email: jdipasquale@trenklawfirm.com
     Email: twalsh@trenklawfirm.com
     Email: rroglieri@trenklawfirm.com

                    About Kabbalah Taxi Inc.

Kabbalah Taxi Inc. and its affiliates sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. D.N.J. Lead Case No.
17-27566) on August 30, 2017.  Evgeny A. Freidman, president,
signed the petitions.

The debtor-affiliates are Barcelona Taxi Inc., Devil Dog Taxi LLC,
Diamond Castle Taxi Inc., Ferco Hacking Corp., Geneva Taxi Inc.,
Gstaad Taxi LLC, Maserati Taxi Inc., Monte Carlo Taxi Inc.,
Provance Taxi Inc., Smirnoff Taxi Inc., Sshri Trans Corp., and
Young Cab Corp.

At the time of the filing, Kabbalah Taxi disclosed that it had
estimated assets of less than $500,000 and liabilities of $1
million to $10 million.  

Vincent F. Papalia presides over the cases.  The Debtors hired Cole
Schotz, P.C. and Fox Rothschild LLP as special litigation counsel.


KAIROS LLC: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------
Debtor: Kairos, LLC
          dba Chubby's Tacos
          dba Guacamaya Fresh Mex
        12513 Old Creedmoor Road
        Raleigh, NC 27613-7269

Case No.: 17-04455

Business Description: Kairos, LLC, is a privately held limited
                      liability company that owns Mexican
                      restaurants.  Kairos, LLC was incorporated
                      on April 18, 2008.

Chapter 11 Petition Date: September 11, 2017

Court: United States Bankruptcy Court
       Eastern District of North Carolina
       Raleigh Division

Judge: Hon. Stephani W. Humrickhouse

Debtor's Counsel: J.M. Cook, Esq.
                  J.M. COOK, P.A.
                  5886 Faringdon Place, Suite 100
                  Raleigh, NC 27609
                  Tel: 919 675-2411
                  E-mail: J.M.Cook@jmcookesq.com

Total Assets: $189,521

Total Liabilities: $2.29 million

The petition was signed by Joseph M. Lytton, member-manager.

The Debtor's list of 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/nceb17-04455.pdf


LADDER CAPITAL: S&P Hikes ICR to 'BB' on Improved Funding Profile
-----------------------------------------------------------------
S&P Global Ratings said it raised its long-term issuer credit
rating on Ladder Capital Finance Holdings LLP to 'BB' from 'BB-'.
The outlook is stable.

At the same time, S&P is raising its issue rating on the company's
senior unsecured notes to 'BB-' from 'B+'.

The upgrade is based on the company's good operating track record
and increased unsecured funding, including the new unsecured
issuance of $400 million used to pay down secured debt and an
issuance earlier this year of $500 million in unsecured notes to
repay $297 million of outstanding unsecured notes that were
previously due in 2017. The company has continued to move toward
increased unsecured funding, decreasing the use of secured
facilities as a percentage of total funding while increasing
unencumbered assets.

S&P said, "The stable outlook reflects our expectation that the
company will maintain conservative leverage consistent with its
target debt-to-equity ratio of 2x-3x, adequate liquidity, and good
stable asset performance across its investment portfolios, but with
some volatility in its conduit business.

"We could lower our rating on the company over the next 12 months
if we expected it to consistently report leverage above 3.75x or if
leverage excluding investment-grade securities rises above 2.75x.
We could also lower the rating if the company becomes more reliant
on short-term funding and its stable funding ratio remains below
90% for a prolonged period or materially increases its use of
repurchase agreements relative to other forms of funding.

"We could raise our rating on Ladder over the next 12 months if the
company significantly reduced leverage to near 1.5x debt to equity
and maintains a strong asset performance."


MANIX HOLDINGS: Seeks to Hire Realtor to Sell Kissimmee Hotel
-------------------------------------------------------------
Manix Holdings, LLC seeks approval from the U.S. Bankruptcy Court
for the Middle District of Florida to hire a realtor in connection
with the sale of its hotel in Kissimmee, Florida.

The Debtor proposes to employ Terry Hatfield, a realtor, to assist
in the sale, and pay him a commission of 1% of the purchase price
for the property.

Mr. Hatfield does not hold or represent any interest adverse to the
Debtor and its estate, according to court filings.

                      About Manix Holdings

Manix Holdings, a Florida Limited Liability Company, owns a small
hotel currently operating on its real property in Osceola County,
Florida at 7491 West Irlo Bronson Parkway, Kissimmee, Florida.

Manix Holdings filed a Chapter 11 petition (Bankr. M.D. Fla. Case
No. 17-04209) on June 26, 2017.  The petition was signed by Jill
Masoud of Brouse Hotel Group, LLC, managing member of the Debtor.
At the time of filing, the Debtor estimated under $50,000 in assets
and $1 million to $10 million in liabilities.

The Debtor is represented by Roddy B. Lanigan, Esq., at Lanigan &
Lanigan PL.


NOBLE LOGISTICS: Taps Ropes & Gray as Special Counsel
-----------------------------------------------------
Noble Logistics, Inc. and its debtor-affiliates seek authorization
from the U.S. Bankruptcy Court for the District of Delaware to
employ Ropes & Gray, LLP as special counsel in connection with
proceedings against certain entities affiliated with Gladstone
Investment, LLC, including representation in any adversary
proceeding, effective as of June 1, 2017.

The hourly rates Ropes & Gray charges the Debtors are:

     Partners            $960-$1,550
     Counsel             $540-$1,420
     Associates          $325-$995
     Paraprofessionals   $190-$430

Gregg M. Galardi, Esq., attests that the partners, counsel, and
associates of Ropes & Gray as "disinterested persons", as that term
is defined in Bankruptcy Code section 101(14) , and do not hold or
represent any interest adverse to the Debtors' respective estates.

The Firm can be reached through:

     Gregg M. Galardi, Esq.
     ROPES & GRAY LLP
     1211 Avenue of the Americas
     New York, NY 10036
     Tel: (212) 596-9139
     Fax: (212) 596-9090
     Email: gregg.galardi@ropesgray.com

                    About Noble Logistics, Inc.

Noble Logistics, Inc. filed a Chapter 11 petition (Bankr. D. Del.
Case No. 14-10442) on Feb. 28, 2014 in Delaware.  About eight
affiliates of Noble Logistics also filed separate bankruptcy cases
on Feb. 28.  Gregg M. Galardi, Esq., and Emily A. Battersby, Esq.
at DLA Piper LLP, serve as counsel to the Debtor.  The Debtor
estimated $10 million to $50 million in both assets and
liabilities.

On March 24, 2014, Roberta A. DeAngelis, U.S. Trustee Region 3,
notified the Bankruptcy Court that she has been unable to appoint a
creditors committee in the Debtors' Chapter 11 cases due to
insufficient response to the Trustee's communication/contact for
service on the committee.


NOGALES INC: Foreclosure Auction Set for Sept. 19
-------------------------------------------------
The real property of Nogales, Inc. will be sold at public auction
at 11:00 a.m. on September 19, 2017 at 416 Main Street, West
Yarmouth, Massachusetts.

The sale is being held by virtue and in execution of the Power of
Sale contained in a Mortgage, Security Agreement and Collateral
Assignment of Leases and Rents given by Nogales, Inc. as Mortgagor
to Sovereign Bank dated August 8, 2006.  

Santander Bank, N.A. f/k/a Sovereign Bank, the present holder of
the Mortgage, has declared Nogales in breach of the conditions of
the mortgage.

The highest bidder in the sale of the premises shall deposit a bank
treasurer's check, or certified check in the amount of $15,000 at
the time and place of the sale of the premises as a non-refundable
earnest money deposit towards the purchase price to be held at the
option of the Mortgagee as liquidated damages for any default by
the successful bidder.  The balance of the purchase price shall be
paid upon delivery of the deed within 30 days of the date of the
public auction.

The successful bidder shall be required to sign a Memorandum of
Sale at the public auction containing the terms herein and any
additional terms set forth in the Memorandum of Sale or announced
at the public auction. In the event that the successful bidder at
the public auction fails to perform in the time specified to
purchase the premises, the Mortgagee reserves the right, at its
sole election, to sell the premises by foreclosure deed to the
other qualified bidders, in descending order beginning with the
next highest bidder, provided that in each case the next highest
bidder delivers to Mortgagee the amount of the required deposit
within three business days after written notice of the default of
the previous highest bidder and promptly executes a Memorandum of
Sale providing for performance within 30 days of execution.
Mortgagee also reserves the right, at its sole election, to assume
the bid of any defaulting or declining bidder. The Mortgagee
reserves the right to postpone this sale to a later date by public
proclamation at the time and date appointed for the sale and to
further postpone any adjourned sale date by public proclamation at
the time and date appointed for the adjourned sale date. Other
terms to be announced at sale.

For inquiries concerning the auction, contact:

     Sullivan & Sullivan Auctioneers, LLC
     617.350.7700
     http://www.sullivan-auctioneers.com/

Santander Bank, N.A. is represented by:

     Lauren A. Solar, Esq.
     Hackett Feinberg P.C.
     155 Federal Street, 9th Floor
     Boston, MA 02110


NORTEL NETWORKS: E&Y to Sell Remaining IPv4 Addresses
-----------------------------------------------------
Enrst & Young Inc., in its capacity as monitor for Nortel Networks
Corporation et al., in proceedings pending under the Companies'
Creditors Arrangement Act (Canada), is soliciting expressions of
interest from persons wishing to acquire all or a portion of
Nortel’s remaining inventory of legacy IPv4 addresses.

To date, Nortel has completed 12 transactions in respect of IP
addresses, successfully transferring significant blocks of IP
addresses to purchasers throughout North America, Europe and Asia.

For further information regarding this opportunity, please visit
http://www.ey.com/ca/nortel/ipaddressor contact the monitor at
nortel.monitor@ca.ey.com

The deadline to submit expressions of interests to the monitor is
Sept. 29, 2017.

Enrst & Young can be reached at:

   Enrst & Young Inc.
   EY Tower
   100 Adelaide Street West, PO Box 1
   Toronto, ON M5H 0B3
   Tel: 1-866-942-7177
   Fax: 416-943-4439
   Email: nortel.monitor@ca.ey.com

                  About Nortel Networks

Headquartered in Ontario, Canada, Nortel Networks Corporation and
its various affiliated entities provided next-generation
technologies, for both service provider and enterprise networks,
support multimedia and business-critical applications.  Nortel
Networks Limited was the principal direct operating subsidiary of
Nortel Networks Corporation.

On Jan. 14, 2009, Nortel Networks Inc.'s ultimate corporate parent
Nortel Networks Corporation, NNI's direct corporate parent Nortel
Networks Limited and certain of their Canadian affiliates commenced
a proceeding with the Ontario Superior Court of Justice under the
Companies' Creditors Arrangement Act (Canada) seeking relief from
their creditors.  Ernst & Young was appointed to serve as monitor
and foreign representative of the Canadian Nortel Group.  That same
day, the Monitor sought recognition of the CCAA Proceedings in U.S.
Bankruptcy Court (Bankr. D. Del. Case No. 09-10164) under Chapter
15 of the U.S. Bankruptcy Code.

That same day, NNI and certain of its affiliated U.S. entities
filed voluntary petitions for relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Case No. 09-10138).

In addition, the High Court of England and Wales placed 19 of NNI's
European affiliates into administration under the control of
individuals from Ernst & Young LLP.  Other Nortel affiliates have
commenced and in the future may commence additional creditor
protection, insolvency and dissolution proceedings around the
world.

On May 28, 2009, at the request of administrators, the Commercial
Court of Versailles, France, ordered the commencement of secondary
proceedings in respect of Nortel Networks S.A.  On June 8, 2009,
Nortel Networks UK Limited filed petitions in U.S. Bankruptcy Court
for recognition of the English Proceedings as foreign main
proceedings under Chapter 15.

U.S. Bankruptcy Judge Kevin Gross presides over the Chapter 11 and
15 cases.  Mary Caloway, Esq., and Peter James Duhig, Esq., at
Buchanan Ingersoll & Rooney PC, in Wilmington, Delaware, serves as
Chapter 15 petitioner's counsel.

In the Chapter 11 case, James L. Bromley, Esq., and Howard S.
Zelbo, Esq., at Cleary Gottlieb Steen & Hamilton, LLP, in New York,
serve as the U.S. Debtors' general bankruptcy counsel; Derek C.
Abbott, Esq., at Morris Nichols Arsht & Tunnell LLP,  in
Wilmington, serves as Delaware counsel.  The Chapter 11  Debtors'
other professionals are Lazard Freres & Co. LLC as financial
advisors; and Epiq Bankruptcy Solutions LLC as claims and notice
agent.

The U.S. Trustee appointed an Official Committee of Unsecured
Creditors in respect of the U.S. Debtors.

An ad hoc group of bondholders also was organized.  An Official
Committee of Retired Employees and the Official Committee of
Long-Term Disability Participants tapped Alvarez & Marsal
Healthcare Industry Group as financial advisor.  The Retiree
Committee is represented by McCarter & English LLP as Delaware
counsel, and Togut Segal & Segal serves as the Retiree Committee.
The Committee retained Alvarez & Marsal Healthcare Industry Group
as financial advisor, and Kurtzman Carson Consultants LLC as its
communications agent.

Several entities, particularly, Nortel Government Solutions
Incorporated and Nortel Networks (CALA) Inc., have material
operations and are not part of the bankruptcy proceedings.

As of Sept. 30, 2008, Nortel Networks Corp. reported consolidated
assets of $11.6 billion and consolidated liabilities of $11.8
billion.  The Nortel Companies' U.S. businesses are primarily
conducted through Nortel Networks Inc., which is the parent of
majority of the U.S. Nortel Companies.  As of Sept. 30, 2008, NNI
had assets of about $9 billion and liabilities of $3.2 billion,
which do not include NNI's guarantee of some or all of the Nortel
Companies' about $4.2 billion of unsecured public debt.

Since the commencement of the various insolvency proceedings,
Nortel has sold its business units and other assets to various
purchasers.  Nortel has collected roughly $9 billion for
distribution to creditors.  Of the total, $4.5 billion came from
the sale of Nortel's patent portfolio to Rockstar Bidco, a
consortium consisting of Apple Inc., EMC Corporation,
Telefonaktiebolaget LM Ericsson, Microsoft Corp., Research In
Motion Limited, and Sony Corporation.  The consortium defeated a
$900 million stalking horse bid by Google Inc. at an auction.  The
deal closed in July 2011.

Nortel has filed a proposed plan of liquidation in the U.S.
Bankruptcy Court.  The Plan generally provides for full payment on
secured claims with other distributions going in accordance with
the priorities in bankruptcy law.

The trial on how to divide proceeds among creditors in the U.S.,
Canada, and Europe commenced on Sept. 22, 2014.  The question of
how to divide $7.3 billion raised in the international bankruptcy
of Nortel Networks Corp. was answered on May 12, 2015, by two
judges, one in the U.S. and one in Canada.

According to The Wall Street Journal, Justice Frank Newbould of the
Ontario Superior Court of Justice in Toronto and Judge Kevin Gross
of the U.S. Bankruptcy Court in Wilmington, Delaware, agreed on the
outcome: a modified pro rata split of the money.


NRG REMA: S&P Hikes Issuer Credit Rating to CCC-, Outlook Negative
------------------------------------------------------------------
S&P Global Ratings said it raised its issuer credit rating on NRG
REMA LLC to 'CCC-' from 'CC'. The outlook is negative.

S&P said, "We also raised the issue-level rating on the company's
pass-through certificates to 'CCC+' from 'CCC'. The recovery rating
is '1', reflecting our expectation of very high (90%-100%; rounded
estimate: 95%) recovery in the event of default."

Genon Energy Inc., the parent of NRG REMA LLC and GenOn
Mid-Atlantic LLC, filed for bankruptcy on June 14, 2017. The
bankruptcy filing excluded NRG REMA LLC and GenOn Mid-Atlantic LLC.
These entities can operate on a stand-alone basis and were
considered ring-fenced from GenOn. There are complications
surrounding tax treatment of the underlying assets, which generate
mostly capacity margins at this point; these tax issues could
impact the status of the portfolio going forward, including
possible attempts at sale. Absent a settlement, NRG REMA has the
option of filing for bankruptcy independently of GenOn. S&P said,
"But because we don't believe that a bankruptcy filing is
inevitable or imminent, a 'CC' issuer credit rating is no longer
appropriate. However, the 'CCC-' rating reflects our expectation
that since no agreement has yet been reached, a bankruptcy is
increasingly likely, possibly within the next six months to a year,
absent a favorable transaction.

"The negative outlook reflects our expectation that this issuer
could be filed into bankruptcy in coming months, based on a
possible inability to consummate a transaction to sell the assets.

"We would lower the rating to 'D' if REMA initiated a voluntary
bankruptcy filing or to 'CC' if it appeared inevitable that this
would happen.

"We could revise the rating to stable if it appeared that any sort
of event of default were unlikely; this would likely require a sale
of the assets, which we expect could also result in a withdrawal of
the ratings."


NYLC LLC: Exclusive Plan Filing Deadline Moved to Dec. 19
---------------------------------------------------------
The Hon. Sean H. Lane of the U.S. Bankruptcy Court for the Southern
District of New York has extended, at the behest of NYLC LLC dba Le
Cirque, the exclusive right to file a plan of reorganization to and
including Dec. 19, 2017.

As reported by the Troubled Company Reporter on Aug. 30, 2017, the
Debtor sought the extension, saying that despite its cost-cutting
and sale of its excess wine, it remains unable to keep up with its
postpetition rental obligations to its landlord.  The Debtor has
come to an agreement in principle with its landlord with respect to
a surrender of the Debtor's lease.  The agreement is nearly
finalized and once executed, the Debtor will notice the agreement
and submit it for approval by the Court.

                        About NYLC LLC

NYLC, LLC, sought Chapter 11 protection (Bankr. S.D.N.Y. Case No.
17-10722) on March 24, 2017.  NYLC estimated assets in the range of
$100,001 to $500,000 and $501,000 to $1 million in debt.  The
petition was signed by Marco Maccioni, its managing member.  The
Honorable Sean H. Lane presides over the case.  The Debtor tapped
Arnold Mitchell Greene, Esq., at Robinson Brog Leinwand Greene, as
counsel.


OCALA FUNDING: Trustee's Sale of Mortgage Loans to ABS for $16M OKd
-------------------------------------------------------------------
Judge Jerry A. Funk the U.S. Bankruptcy Court for the Middle
District of Florida authorized Neil F. Luria, as Litigation Trustee
for the Ocala Funding Litigation Trust, to sell, on a servicing
released basis, of mortgage loans to ABS Loan Trust II for
$15,896,772.

The Purchaser will not, as a result of any action taken in
connection with the purchase of the Assets, be deemed to: (i) be
the successor of the Seller; (ii) have, de facto or otherwise,
merged with or into the Seller, or (iii) be a mere continuation or
a substantial continuation of the Seller.

Pursuant to section 1146(a) of the Bankruptcy Code and Section
XIII. C. of the Plan, the Sale of the Assets under the Mortgage
Loan Purchase and Sale Agreement ("MLPSA") will not be taxed under
any law imposing a stamp tax, transfer tax or similar tax or fee.

The Seller and the Purchaser may agree to amend, modify, or
supplement the MLPSA without the need for further Order of the
Court, so long as any such amendments modifications or supplements
are: (i) expressly contemplated by the MLPSA; or (ii) not
materially adverse to the Seller.

Notwithstanding Bankruptcy Rules 6004, 6006 and 7062, the Order
will be effective and enforceable immediately upon entry, and its
provisions will be self-executing.  In the absence of any person or
entity obtaining a stay pending appeal, the Seller and the
Purchaser are free to close under the MLPSA at any time, subject to
the terms of the MLPSA.

                        About Ocala Funding

Orange, Florida-based Ocala Funding, LLC, a funding vehicle once
controlled by mortgage lender Taylor Bean & Whitaker Mortgage
Corp., filed a Chapter 11 petition (Bankr. M.D. Fla. Case No.
12-04524) in Jacksonville on July 10, 2012.

Ocala Funding used to be the largest originator and servicer of
residential loans.  Ocala was created by Taylor Bean to purchase
loans originated by TBW and selling the loans to third parties,
Freddie Mac.  In furtherance of this structure Ocala raised money
from noteholders Deutsche Bank AG and BNP Paribas Mortgage Corp.
and other financial institutions, as secured lenders through sales
of asset-backed commercial paper.  Ocala disclosed $1,747,749,787
in assets and $2,650,569,181 in liabilities as of the Chapter 11
filing.

Taylor Bean was forced to file for Chapter 11 relief (Bankr. M.D.
Fla. Case No. 09-07047) on Aug. 24, 2009, amid allegations of fraud
by Taylor Bean's former CEO Lee Farkas and other employees.  Mr.
Farkas is now serving a 30-year prison term for 14 counts of
conspiracy and fraud for being the mastermind of a $2.9 billion
bank fraud.  Mr. Farkas allegedly directed the sale of more than
$1.5 billion in fake mortgage assets to Colonial Bank and
misappropriated more than $1.5 billion from Ocala.  TBW's
bankruptcy also caused the demise of Colonial Bank, which for years
was TBW's primary bank.

TBW and its joint debtor-affiliates confirmed their Second Amended
Joint Plan of Liquidation on July 21, 2011, and the TBW Plan became
effective on Aug. 10, 2011.  The TBW Plan established the TBW Plan
Trust to marshal and distribute all remaining assets of TBW.

Neil F. Lauria, as CRO for TBW and trustee of the TBW Plan Trust,
signed the Chapter 11 petition of Ocala.

Ocala holds 252 mortgage loans with an unpaid balance of $42.3
million as of May 31, 2012.  The Debtor also holds five "real
estate owned" properties resulting from foreclosures.  The Debtor
also holds $22.4 million in proceeds of mortgage loans previously
owned by it that are on deposit in an account in the Debtor's name
at Regions Bank.  It also has an interest in $75 million in cash,
consisting of proceeds of mortgage loans previously owned by the
Debtor, that are in an account maintained by Bank of America, N.A.
as prepetition indenture trustee for the benefit of the
Noteholders.  The Debtor also holds a claim in the current amount
of $1.6 billion against the estate of TBW.

The largest unsecured creditors include the Federal Deposit
Insurance Corp., owed $898,873,958; and Cadwalader, Wickersham &
Taft LLP, owed $1,632,385.

Judge Jerry A. Funk presides over Ocala's case.  

Proskauer Rose LLP and Stichter, Riedel, Blain & Prosser, serve as
Ocala's
counsel.  Neil F. Lauria at Navigant Capital Advisors, LLC, serves
as the Debtor's Chief Restructuring Officer.

Ocala implemented a Chapter 11 plan in July 2013 to carry out an
agreement reached before bankruptcy with holders of almost all of
its $1.5 billion in secured and $800 million in unsecured claims.
The plan created a trust to prosecute lawsuits on behalf of
creditors with more than $2.5 billion in claims.

                        About Taylor Bean

Taylor, Bean & Whitaker Mortgage Corp. grew from a small
Ocala-based mortgage broker to become one of the largest mortgage
bankers in the United States.  In 2009, Taylor Bean was the
country's third largest direct-endorsement lender of FHA-insured
loans of the largest wholesale mortgage lenders and issuer of
mortgage backed securities.  It also managed a combined mortgage
servicing portfolio of approximately $80 billion.  The company
employed more that 2,000 people in offices located throughout the
United States.

Taylor Bean sought Chapter 11 protection (Bankr. M.D. Fla. Case No.
09-07047) on Aug. 24, 2009.  Taylor Bean filed the Chapter 11
petition three weeks after federal investigators searched its
offices.  The day following the search, the Federal Housing
Administration, Ginnie Mae and Freddie Mac prohibited the company
from issuing new mortgages and terminated servicing rights.  Taylor
Bean estimated more than $1 billion in both assets and
liabilities in its bankruptcy petition.

Lee Farkas, the former chairman, was sentenced in June 2009 to 30
years in federal prison after being convicted on 14 counts of
conspiracy and bank, wire and securities fraud in what prosecutors
said was a $3 billion scheme involving fake mortgage assets.

Jeffrey W. Kelly, Esq., and J. David Dantzler, Jr., Esq., at
Troutman Sanders LLP, in Atlanta, Ga., and Russel M. Blain, Esq.,
and Edward J. Peterson, III, Esq., at Stichter, Riedel, Blain &
Prosser, PA, in Tampa, Fla., represent the Debtors.  Paul Steven
Singerman, Esq., and Arthur J. Spector, Esq., at Berger Singerman
PA, in Miami, Fla., represent the Committee.  BMC Group, Inc.,
serves as the claims and noticing agent.

Unsecured creditors were expected to receive 3.3% to 4.4% under a
Chapter 11 plan approved in July 2011.


ONCOBIOLOGICS INC: Incurs $5.32 Million Net Loss in Third Quarter
-----------------------------------------------------------------
Oncobiologics, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q reporting a net loss
attributable to common stockholders of $5.32 million on $303,140 of
collaboration revenues for the three months ended June 30, 2017,
compared to a net loss attributable to common stockholders of
$30.19 million on $494,894 of collaboration revenues for the three
months ended June 30, 2016.

For the nine months ended June 30, 2017, Oncobiologics reported a
net loss attributable to common stockholders of $32.47 million on
$909,421 of collaboration revenues compared to a net loss
attributable to common stockholders of $52.57 million on $2.48
million of collaboration revenues for the same period a year ago.

The Company's balance sheet at June 30, 2017, showed $17.12 million
in total assets, $46.06 million in total liabilities and a  total
stockholders' deficit of $28.94 million.

The Company has incurred substantial losses and negative cash flows
from operations since its inception and has an accumulated deficit
of $179.9 million as of June 30, 2017.  The Company has substantial
indebtedness that includes $15.0 million of senior secured notes
due in December 2017 and $4.6 million in notes payable to
stockholders that are payable on demand.

"There can be no assurance that the holders of the stockholder
notes will not exercise their right to demand repayment.  These
factors raise substantial doubt about the Company's ability to
continue as a going concern," the Company stated in the regulatory
filing.

The Company anticipates incurring additional losses until such
time, if ever, that it can generate significant sales of its
products currently in development.  Management believes that the
Company's existing cash of $0.1 million as of June 30, 2017, and
the $2.5 million  of cash proceeds received in July and August 2017
from licensing the emerging market rights to ONS-1045 will be
sufficient to fund its operations through September 2017.
Substantial additional financing will be needed by the Company to
fund its operations and to commercially develop its product
candidates.  Management is currently evaluating different
strategies to obtain the required funding for future operations.
These strategies may include, but are not limited to: sales of
equity and/or debt securities, payments from potential strategic
research and development, licensing and/or marketing arrangements
with pharmaceutical companies, potential disposition of some
assets, and exploring additional cost reduction opportunities.  In
July 2017, the Company entered into a binding exclusivity agreement
with a third party for a potential strategic transaction to provide
funding to support its development programs. While the Company is
actively pursuing this transaction, there can be no guarantee that
it will be able to enter into a definitive agreement with this
party.  Additionally, there can be no assurance that these future
funding efforts will be successful, and if not successful, the
Company may be required to explore all other alternatives.

The Company said its future operations are highly dependent on a
combination of factors, including (i) the timely and successful
completion of additional financing discussed above; (ii) the
Company's ability to complete revenue-generating partnerships with
pharmaceutical companies; (iii) the success of its research and
development; (iv) the development of competitive therapies by other
biotechnology and pharmaceutical companies, and, ultimately; (v)
regulatory approval and market acceptance of the Company's proposed
future products.

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

                       https://is.gd/0WphlB

                      About Oncobiologics

Oncobiologics, Inc., is a clinical-stage biopharmaceutical company
focused on identifying, developing, manufacturing and
commercializing complex biosimilar therapeutics.  The Cranbury, New
Jersey-based Company's current focus is on technically challenging
and commercially attractive monoclonal antibodies, or mAbs, in the
disease areas of immunology and oncology.

Oncobiologics reported a net loss of $53.32 million on $2.97
million of collaboration revenues for the year ended Sept. 30,
2016, compared to a net loss of $48.66 million on $5.21 million of
collaboration revenues for the year ended Sept. 30, 2015.

KPMG LLP, in Philadelphia, Pennsylvania, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Sept. 30, 2016, citing that the Company has incurred
recurring losses and negative cash flows from operations since
inception and has an accumulated deficit at Sept. 30, 2016, of
$147.4 million and $4.6 million of indebtedness that is due on
demand, which raises substantial doubt about its ability to
continue as a going concern.


P.E. O'HALLORAN: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: P.E. O'Halloran, Inc.
        P.O. Box 592
        Ellsworth, ME 04605

Business Description: P.E. O'Halloran, Inc. --
                      http://www.peohalloraninc.com/-- offers
                      heavy haul and oversize load transportation,

                      roadside repair, and heavy recovery and
                      towing services.  The Company opens
                      24 hours a day and 365 days a year with
                      operations in Bangor, Newburgh and
                      Ellsworth, Maine.  It is the sole owner of a
                      building and 8.82 acres located at 525
                      Bangor Road, Ellsworth, Maine, valued at
                      $236,700.

Case No.: 17-10515

Chapter 11 Petition Date: September 12, 2017

Court: United States Bankruptcy Court
       Maine (Bangor)

Judge: Hon. Michael A. Fagone

Debtor's Counsel: James F. Molleur, Esq.
                  MOLLEUR LAW OFFICE
                  419 Alfred Street
                  Biddeford, ME 04005
                  Tel: (207) 283-3777
                  Fax: (207) 283-4558
                  E-mail: jim@molleurlaw.com
                         tanya@molleurlaw.com

Debtor's
Financial
Consultant:       Jason Mills
                  BCM ADVISORY GROUP

Total Assets: $1.39 million

Total Liabilities: $2.26 million

The petition was signed by Steven O'Halloran, owner.

The Debtor's list of 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/meb17-10515.pdf


PEEKAY ACQUISITIONS: Committee Taps Cullen and Dykman as Counsel
----------------------------------------------------------------
The official committee of unsecured creditors of Peekay
Acquisition, LLC seeks approval from the U.S. Bankruptcy Court in
Delaware to hire legal counsel.

The committee proposes to employ Cullen and Dykman LLP to, among
other things, give legal advice regarding its duties under the
Bankruptcy Code; investigate the financial condition of the company
and its affiliates; and assist in its negotiations with the Debtors
regarding asset sale and the formulation of a plan of
reorganization.

The firm's standard hourly rates range from $350 to $715 for
partners, $225 to $450 for associates, and $90 to $175 for
paralegals.  The firm, however, has agreed to discount its hourly
rates by 10%.

S. Jason Teele, Esq., the attorney handling the case, will charge
$600 per hour.

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

Cullen and Dykman can be reached through:

     S. Jason Teele, Esq.
     Nicole Stefanelli, Esq.
     Cullen and Dykman LLP
     The Legal Center
     One Riverfront Plaza
     Newark, NJ 07102
     Tel: (973) 849-0220
     Fax: (973) 849-2020
     Email: steele@cullenanddykman.com
     Email: nstefanelli@cullenanddykman.com

          -- and --

     Bonnie Pollack, Esq.
     Cullen and Dykman LLP
     100 Quentin Roosevelt Boulevard
     Garden City, NY 11530-4850
     Tel: (516) 357-3700
     Fax: (516) 357-3792
     Email: bpollack@cullenanddykman.com

                     About Peekay Acquisitions

Headquartered in Auburn, Washington, Peekay --
http://www.loverspackage.com/-- is a specialty retailer of a broad
selection of lingerie, sexual health and wellness products and
accessories.  It currently owns and operates 47 retail stores
across six states under the brand names "Christals," "LoVerS,"
"ConReV" and A. "A Touch of Romance."

Peekay Acquisitions, LLC and affiliates sought Chapter 11
protection (Bankr. D. Del. Lead Case No. 17-11722) on Aug. 10,
2017.  The petitions were signed by Albert Altro, chief
restructuring officer.

Peekay estimated its assets between $10 million and $50 million and
its debts between $50 million and $100 million.

Judge Brendan Linehan Shannon presides over the cases.  Landis Rath
& Cobb LLP serves as the Debtors' bankruptcy counsel.  The Debtors
hired SSG Advisors, LLC as investment banker and Traverse, LLC as
financial advisor.  Rust Consulting/Omni Bankruptcy serves as
claims and noticing agent.

On August 21, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.


PEEKAY ACQUISITIONS: Committee Taps DAK Group as Financial Advisor
------------------------------------------------------------------
The official committee of unsecured creditors of Peekay
Acquisition, LLC seeks approval from the U.S. Bankruptcy Court for
the District of Delaware to hire a financial advisor and investment
banker.

The committee proposes to employ The DAK Group, Ltd. to provide
these services in connection with the Chapter 11 cases of Peekay
Acquisition and its affiliates:

     (a) monitor the Debtors' sale process, identify and contact
         on the committee's behalf potential competing bidders,
         assist the committee in evaluating sale proposals and
         alternatives, and participate in any auction in
         connection with a sale of all or substantially all of
         the Debtors' assets;

     (b) assist the committee in its analysis and monitoring of
         the Debtors' historical, current and projected financial
         affairs;

     (c) review the Debtors' proposed financing and budgets, any
         proposed plan, and other relief sought; and

     (d) attend meetings, court hearings and auctions requested
         by the committee.

The committee proposes that DAK Group be compensated at its normal
hourly rates, which will be capped at $50,000 per month beginning
in October this year.  The firm's normal hourly rates are:

     Managing Director     $685
     Director              $465
     Vice-President        $385
     Senior Associate      $325
     Associate             $250

The firm has agreed to discount its hourly rates by 10%.

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

The firm can be reached through:

     Sheon Karol
     The DAK Group, Ltd.
     195 Rt. 17 South
     Rochelle Park, NJ 07662
     Phone: 201-712-9555
     Email: info@dakgroup.com

                     About Peekay Acquisitions

Headquartered in Auburn, Washington, Peekay --
http://www.loverspackage.com/-- is a specialty retailer of a broad
selection of lingerie, sexual health and wellness products and
accessories.  It currently owns and operates 47 retail stores
across six states under the brand names "Christals," "LoVerS,"
"ConReV" and A. "A Touch of Romance."

Peekay Acquisitions, LLC and affiliates sought Chapter 11
protection (Bankr. D. Del. Lead Case No. 17-11722) on Aug. 10,
2017.  The petitions were signed by Albert Altro, chief
restructuring officer.

Peekay estimated its assets between $10 million and $50 million and
its debts between $50 million and $100 million.

Judge Brendan Linehan Shannon presides over the cases.  Landis Rath
& Cobb LLP serves as the Debtors' bankruptcy counsel.  The Debtors
hired SSG Advisors, LLC as investment banker and Traverse, LLC as
financial advisor.  Rust Consulting/Omni Bankruptcy serves as
claims and noticing agent.

On August 21, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.


PEEKAY ACQUISITIONS: Committee Taps Whiteford as Delaware Counsel
-----------------------------------------------------------------
The official committee of unsecured creditors of Peekay
Acquisition, LLC seeks approval from the U.S. Bankruptcy Court for
the District of Delaware to hire Whiteford, Taylor & Preston LLC as
its Delaware counsel.

The firm will advise the committee regarding local rules, practices
and procedures, and will provide other legal services related to
the Chapter 11 cases of Peekay Acquisition and its affiliates.

The attorneys and paralegal who are expected to represent the
committee and their standard hourly rates are:

     Christopher Samis     Partner       $550
     L. Katherine Good     Partner       $525
     Aaron Stulman         Associate     $375
     Kevin Shaw            Associate     $300
     Christopher Lano      Paralegal     $255

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

The firm can be reached through:

     Christopher Samis, Esq.
     Whiteford, Taylor & Preston LLC
     The Renaissance Centre, Suite 500
     405 N. King Street
     Wilmington, DE 19801
     Phone: 302-353-4144

                     About Peekay Acquisitions

Headquartered in Auburn, Washington, Peekay --
http://www.loverspackage.com/-- is a specialty retailer of a broad
selection of lingerie, sexual health and wellness products and
accessories.  It currently owns and operates 47 retail stores
across six states under the brand names "Christals," "LoVerS,"
"ConReV" and A. "A Touch of Romance."

Peekay Acquisitions, LLC and affiliates sought Chapter 11
protection (Bankr. D. Del. Lead Case No. 17-11722) on Aug. 10,
2017.  The petitions were signed by Albert Altro, chief
restructuring officer.

Peekay estimated its assets between $10 million and $50 million and
its debts between $50 million and $100 million.

Judge Brendan Linehan Shannon presides over the cases.  Landis Rath
& Cobb LLP serves as the Debtors' bankruptcy counsel.  The Debtors
hired SSG Advisors, LLC as investment banker and Traverse, LLC as
financial advisor.  Rust Consulting/Omni Bankruptcy serves as
claims and noticing agent.

On August 21, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.


PEEKAY ACQUISITIONS: TLA's $30M Credit Bid to Open Oct. 17 Auction
------------------------------------------------------------------
Judge Brendan L. Shannon of the U.S. Bankruptcy Court for the
District of Delaware authorized the bidding procedures of Peekay
Acquisitions, LLC and affiliates in connection with their sale of
substantially all assets to TLA Acquisition Corp. for $30,000,000
by credit bid, subject to overbid.

The Stalking Horse Bidder is deemed a Qualified Bidder, whose bid
as set forth in the Stalking Horse APA will be deemed a Qualified
Bid.

Upon the closing of any Sale to any party other than the Stalking
Horse Bidder, all consideration provided in connection with such
Sale will be paid directly to the Term A Lenders until all claims
of the Term A Lenders have been paid in full in cash.

The salient terms of the Bidding Procedures are:

    a. Bid Deadline: Oct. 10, 2017 at 12:00 p.m. (ET)

    b. Auction: The Auction will commence at 10:00 a.m. (ET) on
Oct. 17, 2017 at the offices of Landis Rath & Cobb LLP, 919 Market
Street, Suite 1800, Wilmington, Delaware.  If the Debtors do not
receive a Qualified Bid other than that of the Stalking Horse
Bidder, the Debtors will not hold the Auction, and the Stalking
Horse Bidder will be named the Successful Bidder.

    c. Credit Bid: Subject to the Credit Bid Cap, the Stalking
Horse Bidder, or its designee or assignee, is entitled to credit
bid all or a portion of its secured claims against the Debtors,
without otherwise complying with the Bid Procedures.

    d. Minimum Initial Bid: $30,100,000

    e. Deposit: 10% of the Minimum Initial Bid

    f. Bid Increments: $100,000

    g. Terms: Free of any and all Encumbrances

    h. Amended Contract Objection Deadline: Until the later of (i)
14 days after service of the Cure Notice, and (ii) the Sale Hearing
to submit a Contract Objection.

    i. Sale Objection Deadline: Oct. 11, 2017 at 4:00 p.m. (ET)

    j. Sale Hearing: Oct. 18, 2017 at 10:30 a.m. (ET)

The Debtors will file notice of the identity of the Successful
Bidder, and the Back-up Bidder, and the amount of the Successful
Bid and Back-up Bid with the Court no later than three hours after
the close of the Auction.  At that same time, they will serve
notice of the foregoing information to all Contract Parties no
later than Oct. 12, 2017.

After the Successful Bid, the next highest or otherwise best offer
will remain open, and is required to fully perform under such
Back-Up Bid, until the earlier of consummation of the Sale with the
Successful Bidder or 60 days following the closing date
contemplated in the Successful Bid.  If such Successful Bidder
fails to consummate the approved Sale within 60 days after entry of
an Order approving such Sale, the Debtors will be authorized to
deem the Back-Up Bid the Successful Bid, and they may consummate
the Sale to the Back-Up Bidder without further order of the Court.

The Contract Procedures, setting forth, among other things, the
procedures for determining the Cure Amounts and the deadline for
objecting to the Cure Amounts and/or the proposed assumption and
assignment of executory contracts and unexpired leases, as provided
in the Motion, are approved in their entirety, except as modified.

The Debtors, the Contract Party, and the Successful Bidder, in
consultation with the Committee, may consensually resolve any
Contract Objection prior to the Sale Hearing.  In the event a
Contract Objection is not resolved, such Contract Objection will be
heard at the Sale Hearing or thereafter, or the Successful Bidder
may designate such Contract as a Contract that will not be assumed
and assigned to the Successful Bidder, in which case such Contract
will not be assumed and will remain property of the Debtors'
estates, subject to any designation rights set forth in the
Stalking Horse APA and further orders of the Court.

The Debtors are authorized to share certain of the Contracts that
contain confidentiality restrictions with Qualified Bidders,
including the Stalking Horse Bidder, subject to the terms of the
non-disclosure agreement by and between the Debtors and each
Qualified Bidder.

The Sale Notice is approved.  The Sale Notice will be served upon
all Sale Notice Parties by the Debtors within two days of the entry
of the Bid Procedures Order.  The Debtors will also serve the Cure
Notice on all Contract Parties no later than 14 days before the
Contract Objection Deadline and 21 days prior to the Sale Hearing.
They will further serve the Additional Cure Notice pursuant to the
additional assumption procedures as provided in the Motion.  The
Notice of Sale Hearing and Terms of Global Settlement is approved
and will be served by the Debtors to the Sale Notice Parties.  All
of the dates set forth on Schedule 1 are also approved.

Other key dates set forth on Schedule 1 are:

    a. Deadline for Debtors to Serve Notice of Sale Hearing and
Notice of Entry of Bid Procedures Order: Within two days after
entry of the Bid Procedures Order

    b. Deadline for Debtors to Serve Cure Notices: Sept. 27, 2017

    c. Deadline to Object to Cure Amounts/Assumption and Assignment
of Contracts and Leases to Stalking Horse Bidder: Oct. 11, 2017 at
4:00 p.m. (ET)

A copy of the Bidding Procedures, Contract Procedures, Notices and
Exhibit 1 attached to the Order is available for free at:

      http://bankrupt.com/misc/Peekay_Acquisition_186_Order.pdf

A copy of the Stalking HOrse APA attached to the Motion is
available for free at:

     http://bankrupt.com/misc/Peekay_Acquisition_26_Sales.pdf

Notwithstanding the possible applicability of Bankruptcy Rule 6003
or 6004(h) or otherwise, the terms and conditions of the Order will
be immediately effective and enforceable upon its entry, and no
automatic stay of execution will apply to the Order.

                    About Peekay Acquisition

Headquartered in Auburn, Washington, Peekay --
http://www.loverspackage.com/-- is a specialty retailer of a broad
selection of lingerie, sexual health and wellness products and
accessories.  Peekay currently owns and operates 47 retail stores
across six states under the brand names "Christals," "LoVerS,"
"ConReV" and A. "A Touch of Romance."

Peekay Acquisitions, LLC and affiliates, each sought Chapter 11
protection (Bankr. D. Del. Lead Case No. 17-11722) on Aug. 10,
2017.  The petitions were signed by Albert Altro, chief
restructuring officer.

Peekay Acquisition estimated its assets between $10 million and $50
million and its debts between $50 million and $100 million.

Judge Brendan Linehan Shannon presides over the cases.

Landis Rath & Cobb LLP serves as the Debtors' bankruptcy counsel.
The Debtors hired SSG Advisors, LLC as investment banker and
Traverse, LLC as
financial advisor.  Rust Consulting/Omni Bankruptcy serves as
claims and noticing agent.


PELICAN REAL: Orange's Bid to Open Sept. 27 Auction of TM 25 Pools
------------------------------------------------------------------
Judge Roberta A. Colton of the U.S. Bankruptcy Court for the Middle
District of Florida conditionally authorized the bidding procedures
of Maria M. Yip, the Chapter 11 Liquidating Trustee for Pelican
Real Estate, LLC and affiliates, in connection with the sale of TM
25 Pools to Orange Capital Funding, LLC or assigns for $206,800,
subject to higher and better offers.

The Court conditionally approved the Liquidating Trustee's Notice
of Proposed Sale of TM 25 Pools which she will serve on all
creditors and all other parties who were served with the Motion.

In order to bid on the TM 25 Pools, a bidder must submit to the
Liquidating Trustee's counsel a Qualifying Bid, which includes the
requirement to bid at least $275,000 and the obligation to pay a
deposit of $50,000 by Sept. 22, 2017, at 5:00 p.m. (ET).  In the
event that the Liquidating Trustee receives a Qualifying Bid, the
Liquidating Trustee will conduct an auction on Sept. 27, 2017, at
2:00 p.m. at the offices of Broad and Cassel, LLP, One Financial
Plaza, 100 S.E. 3rd Avenue, Suite 2700, Fort Lauderdale, Florida,
in accordance with the procedures set forth in the Sale Notice.

The Court conditionally approved the payment of the Break-up Fee to
the Stalking Horse Bidder or its assigns upon the terms and
conditions set forth in the Purchase and Sale Agreement.

The hearing to approve the Agreement and sale of the TM 25 Pools
free and clear of all liens, claims, and interests of others will
be held on Sept. 28, 2017, at 11:00 a.m. (ET).

The Court's conditional approval of the Sale Notice, the Bidding
Procedures, and the Break-up Fee will be final unless an objection
is filed within seven days from the entry of the Order.  If an
objection is filed, then the Court will set the objection for
hearing on an expedited basis.

For the reasons stated in the Certificate and due to the impending
Hurricane Irma, the Court (i) has considered the relief granted in
the Order without a hearing and (ii) shortens the time for notice
and hearing on the Motion.

                   About Pelican Real Estate

Pelican Real Estate, LLC and its eight affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. M.D. Fla. Lead Case
No. 16-03817) on June 8, 2016.  The petition was signed by Jared
Crapson, president of SMFG, Inc., manager of Pelican Management
Company, LLC. At the time of the filing, Pelican Real Estate listed
under $50,000 in both assets and debt.

The Debtors are represented by Elizabeth A. Green, Esq., at Baker &
Hostetler LLP.  The Debtors hire Bill Maloney Consulting as their
financial advisor; Hammer Herzog and Associates P.A. as their
accountant; and Pino Nicholson PLLC as their special counsel.

Turnkey Investment Fund LLC, an affiliate of Pelican Real Estate
LLC, hired Dance Bigelow Sharp & Co. as accountant.

Guy Gebhardt, acting U.S. trustee for Region 21, on July 27, 2016,
formed an official committee of unsecured creditors for Pelican
Real Estate LLC's affiliates, Smart Money Secured Income Fund LLC
and Accelerated Asset Group LLC.

Maria Yip, the court-appointed examiner, proposes to hire
GrayRobinson, P.A. to provide legal services in connection with the
Debtor's bankruptcy case, and Fikso Kretschmer Smith Dixon Ormseth
PS as special counsel.


PHARMERICA CORP: Moody's Assigns B2 CFR; Outlook Stable
-------------------------------------------------------
Moody's Investors Service assigned a B2 Corporate Family Rating and
B2-PD Probability of Default Rating to PharMerica Corporation. The
rating agency also assigned B1 (LGD 3) ratings to PharMerica's
senior secured first lien revolving credit facility and term loan,
and a Caa1 (LGD 5) rating to its senior secured second lien term
loan. The outlook is stable. This is the first time Moody's has
rated PharMerica.

Proceeds from the above issuances will be used to partially fund
private equity firm KKR and Walgreens Boots Alliance, Inc.'s
("Walgreens", Baa2 stable) acquisition of PharMerica. Upon
completion of the transaction KKR will hold a majority equity
ownership position and WBA will hold a minority position.

Moody's estimates that, excluding synergies, PharMerica's pro forma
adjusted debt to EBITDA to be roughly 7.1 times as of June 30,
2017. "Moody's expects PharMerica to achieve drug procurement
synergies that will enable the company to deleverage towards 5.0
times by 2018's end," stated Moody's Vice President/Senior Analyst
Jonathan Kanarek.

Ratings assigned:

PharMerica Corporation

  Corporate Family Rating at B2

  Probability of Default Rating at B2-PD

  Senior secured first lien revolving credit facility expiring 2022
at B1 (LGD 3)

  Senior secured first lien term loan due 2024 at B1 (LGD 3)

  Senior secured second lien term loan due 2025 at Caa1 (LGD 5)

The outlook is stable.

RATINGS RATIONALE

The B2 Corporate Family Rating is constrained by PharMerica's high
financial leverage. Moody's expects the company's adjusted debt to
EBITDA to decline to 5.1 times over the next 12 to 18 months. The
ratings also reflect PharMerica's high reimbursement risk, as 76%
of its revenue either directly or indirectly comes from government
programs such as Medicare and Medicaid. Finally, the ratings are
indicative of PharMerica's weak profit margins and the intensely
competitive nature of the institutional pharmacy market.

The ratings are supported by Walgreens' minority ownership stake in
PharMerica. By leveraging Walgreens' buying clout, PharMerica will
be able to procure drugs at substantially lower costs than
previously. Moody's believes that these cost savings will enable
the company to achieve consistently positive free cash flow ranging
from $50 to $80 million per year. The ratings also reflect
PharMerica's good scale and geographic diversification as one of
two institutional pharmacies with a national presence.

The stable outlook reflects Moody's opinion that PharMerica will
operate with high financial leverage over the next 12-18 months.

The ratings could be upgraded if PharMerica successfully achieves
procurement synergies, and effectively manages its acquisition-led
growth and reimbursement pressures. An upgrade would also require
PharMerica sustaining adjusted debt to EBITDA below 4.5 times.

The ratings could be downgraded if Moody's expects reimbursement
changes to materially reduce PharMerica's earnings. Debt-funded
acquisitions or escalating legal exposures could also result in a
downgrade. Additionally, a downgrade could occur if adjusted debt
to EBITDA is sustained above 6.5 times.

PharMerica Corporation is primarily an institutional pharmacy that
provides prescription drugs to various long-term care facilities.
The company also has specialty pharmacy businesses, and an
operation that administers infused prescriptions to patients at
home. Revenues are approximately $2.2 billion.

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


PHOENICIAN MEDICAL: Hires Carmichael & Powell as Counsel
--------------------------------------------------------
Phoenician Medical Center seeks authority from the US Bankruptcy
Court for the District of Arizona to employ Donald W. Powell of the
law firm Carmichael & Powell, P.C. as attorney in its Chapter 11
proceeding.

Professional services to be rendered by the firm are:

     a. provide legal advice with respect to the power, duties and
responsibilities of the Debtor concerning its business, continued
operations, and management of applicable property;

     b. prepare all necessary and required applications, orders,
reports, and other needed legal documents; and

     c. perform all other legal services for the Debtor, as
Debtor-In-Possession which will become necessary and required.

Donald W. Powell will charge $395 per hour for his services plus
out of pocket costs.  Mr. Powell attests that he represents no
interest adverse to the Debtor or the estate in this matter.

The Firm can be reached through:

     Donald W. Powell, Esq.
     CARMICHAEL & POWELL, P.C.
     6225 North 24th Street. #125
     Phoenix, AZ 85016
     Tel: 602-861-0777
     Fax: 602-870-0296
     E-mail: d.powell@cplawfirm.com

               About Phoenician Medical Center, Inc.

Phoenician Medical Center, Inc. is a privately held company in
Chandler, Arizona.  It owns East Valley Family Medical (EVFM) --
http://evfm.care-- a physician-based multi-specialty group
specializing in internal medicine, family medicine, physical
medicine and rehabilitation and general practice.  It serves the
Arizona East  Valley communities of Mesa, Ahwatukee, Chandler,
Tempe, Gilbert, and Apache Junction.  EVFM has grown from one
single provider in 1999 to over 30 providers with more than 140,000
active primary care patients today.  

Phoenician Medical filed a Chapter 11 petition (Bankr. D. Ariz.
Case No. 17-09946) on August 24, 2017.  The petition was signed by
Paramvir S. Tuli, president.

Phoenician Medical previously sought bankruptcy protection (Bankr.
D. Ariz. Case No. 12-08771) on April 12, 2012.

The Hon. Madeleine C. Wanslee presides over the 2017 case.  The
Debtor is represented by Donald W. Powell of the law firm
Carmichael & Powell, P.C. as counsel.

At the time of 2017 filing, the Debtor estimates $1 million to $10
million both in assets and liabilities.


PILGRIM'S PRIDE: Moody's Affirms Ba3 CFR; Outlook Stable
--------------------------------------------------------
Moody's Investors Service has affirmed Pilgrim's Pride
Corporation's Ba3 Corporate Family Rating, Ba3-PD Probability of
Default Rating, and SGL-1 Speculative Grade Liquidity Rating. This
follows the company's announcement that it has acquired UK-based
poultry company Moy Park for approximately $1.3 billion. Moody's
rating action is subject to review of final financing arrangements.
The ratings outlook is stable.

In addition, to reflect anticipated changes to Pilgrim's capital
structure, Moody's has upgraded the company's senior secured debt
instrument ratings to Ba2 from Ba3 and its senior unsecured debt
instrument ratings to B1 from B2.

On September 11, 2017, Pilgrim's Pride announced that it had
acquired Moy Park (B1, stable), a leading poultry and prepared
foods supplier with operations in the United Kingdom and
Continental Europe for $1.3 billion. Moy Park is a wholly-owned
subsidiary of JBS S.A., which also controls Pilgrims with a 78.5%
equity stake. The related party acquisition was funded through an
$800 million subordinated unsecured seller note, existing $420
million 6.25% senior unsecured notes due 2021 at Moy Park, and
approximately $80 million of cash balances. The Moy Park
noteholders are protected by a 101% change of control put option
that based on recent market prices is not likely to be exercised.
Thus, the Moy Park 6.25% notes (rated B1) , may remain in place.
However, Moody's expects that Pilgrims will soon replace the $800
million seller note through the issuance of new multi-year senior
unsecured notes.

"This modest-size bolt-on transaction has strong merits for
Pilgrim's, including improved diversity of sales, supply chain,
products and customers," commented Brian Weddington, a Moody's
Senior Credit Officer. Although mostly debt financed, the
transaction's resulting leverage is modest. Pro forma debt/EBITDA
is approximately 2.1x, excluding approximately $50 million of
planned cost synergies.

The acquisition of Moy Park was negotiated and approved on behalf
of Pilgrim's by a special committee comprised of three independent
members of Pilgrim's Board of Directors.

"Transactions with related parties are always subject to more
process scrutiny; however, it appears that the Pilgrims has taken
adequate measures to address these concerns," added Weddington.

RATINGS RATIONALE

Pilgrim's Ba3 Corporate Family Rating is supported by the company's
leading position as one of the world's largest chicken processors,
low financial leverage, and solid operating performance driven by a
disciplined operating strategy focused on improving profit margin
and earnings stability. These strengths are balanced against the
company's narrow focus in the cyclical chicken processing industry,
which is characterized by volatile earnings and narrow profit
margins. The rating also reflects the company's appetite for
potentially large leveraged acquisitions; although overall, the
company has demonstrated discipline about deal price and value.

Moody's evaluates Pilgrim's credit profile on a standalone basis.
Thus, the ratings are not directly affected by the ongoing legal
and governance challenges currently facing owners of its indirectly
controlling parent JBS S.A. (B2, review for downgrade). However, if
developments at JBS related entities begin to negatively affect
Pilgrims, a downgrade could occur.

Pilgrim's Pride Corporation:

Moody's has affirmed the following ratings:

  Corporate Family Rating at Ba3;

  Probability of Default Rating at Ba3-PD.

  Speculative Grade Liquidity rating at SGL-1;

Moody's has upgraded the following ratings:

  $750 million senior secured revolving credit facility expiring
May 6, 2022 to Ba2(LGD 2) from Ba3(LGD 3);

  $800 million senior secured term loan due May 6, 2022 to Ba2(LGD
2) from Ba3(LGD 3);

  $500 million senior unsecured notes due March 2025 to B1(LGD 5)
from B2(LGD 5).

The ratings outlook is stable.

The revision to the senior secured and senior unsecured debt
instrument ratings reflect Moody's anticipation that changes to
Pilgrim's capital structure will result in a lower proportion of
secured debt -- to 1/3 from about 1/2 previously. As a result, the
senior secured debt instrument ratings are now rated one notch
higher than the Ba3 Corporate Family Rating and the senior
unsecured debt instrument ratings are one notch lower.

Pilgrim's ratings are constrained by the company's single-protein
concentration. However, the company's ratings could be upgraded if
the company continues to enhance earnings stability through
improvements to business and product mix. Quantitatively, Pilgrim's
ratings could be upgraded if the company maintains at least 6%
operating profit margin, positive free cash flow, sustains debt to
EBITDA below 2.0x, and liquidity (cash and backup availability) of
at least $1 billion.

Conversely, Pilgrim's ratings could be downgraded in the event of a
major leveraged acquisition or share buyback, deteriorating
industry fundamentals that lead to prolonged negative free cash
flow, or deteriorating liquidity. The ratings could also be
downgraded if legal, governance or other challenges at related
entities, including JBS S.A. negatively affect the risk profile of
Pilgrim's.

The principal methodology used in these ratings was Global Protein
and Agriculture Industry published in June 2017.

Corporate Profile

Headquartered in Greeley, Colorado, Pilgrim's Pride Corporation
(NASDAQ: PPC) is the second largest chicken producer in the world,
with operations in the United States, Mexico and Puerto Rico. The
company produces, processes, markets and distributes fresh, frozen
and value-added chicken products to foodservice customers,
distributors and retail operators worldwide.

For the twelve months ended June 25, 2017, Pilgrim's revenues
approximated $8.2 billion. Pilgrim's Pride is controlled by São
Paulo, Brazil based JBS, S.A. (B2, ratings under review for
downgrade), and the largest processor of protein in the world,
through an indirect 78.5% equity ownership stake.

Headquartered in Craigavon, Northern Ireland, Moy Park is a leading
player in the UK poultry processing market, with a significant
degree of vertical integration in the breeding and rearing chain.
Its activities also include processing of other meat and food
products, and its operations extend beyond the UK to continental
Europe. It operates thirteen production facilities with a capacity
of 280 million birds annually with a workforce in excess of 12,000
full-time equivalent employees. Customers include large supermarket
chains as well as fast food retailers. For the last twelve months
ended June 2017, the company reported revenue and EBITDA of $2
billion and $135 million, respectively.


PROMETHEUS & ATLAS: Taps Signa Realty Group as Real Estate Broker
-----------------------------------------------------------------
Prometheus & Atlas Real Estate Development, LLC seeks approval from
the U.S. Bankruptcy Court in Nevada to hire Mark Holten of Signa
Realty Group as real estate broker to sell the property located at
NW4 SEC 12 20 59, City of Las Vegas, County of Clark, Nevada.

Services to be provided by Mr. Holten are:

     a. conduct advertising, marketing, promotional activities
deemed necessary or appropriate to procure buyers for the Property;
and

     b. investigate and pursue all prospective buyers and conduct
canvassing and other solicitations as are reasonable in connection
with the sale of the Property.

Signa has agreed to provide its services for a 5% commission of the
gross sales price of the Property.

Mark Holten, owner and broker, attests that Signa neither holds nor
represents any interest on which they would be employed, and that
the professionals at Signa are "disinterested persons" within the
meaning of section 101(14) of the Bankruptcy Code.

The Firm can be reached through:

     Mark Holten
     SIGNA REALTY GROUP
     601 S Rancho Dr., Ste A5
     Las Vegas, NV 89106
     Tel: (702) 319-6300

                    About Prometheus & Atlas Real
                          Estate Development

Based in Las Vegas, Nevada, Prometheus & Atlas Real Estate
Development, LLC owns and manages a real estate development
company.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Nev. Case No. 17-12699) on May 19, 2017.  James
Kalhorn, managing member, signed the petition.  At the time of the
filing, the Debtor disclosed $2.6 million in assets and $1.75
million in liabilities.

Ghandi Deeter Blackham is the Debtor's bankruptcy counsel.


PUERTO RICAN PARADE: Needs Until Sept. 29 to File Chapter 11 Plan
-----------------------------------------------------------------
Puerto Rican Parade Committee of Chicago, Inc., filed a second
motion asking the U.S. Bankruptcy Court for the Northern District
of Illinois to extend their exclusive period for filing a chapter
11 plan and obtaining acceptances of such plan for an additional 21
days, through and including Sept. 29, 2017.

The Debtor asserts that the new requested date is well within the
time limitations set by 11 USC 1121(d).

The main issue of this case is the real estate commonly known as
1235, 1237 and 1241 North California, Chicago, Illinois. 1237 is a
commercial building and the other two properties are parking lots.
The Debtor since the filing of this case has been discussing and
planning regarding sale of the building and parking lots. However,
the value of their properties combined is believed to be
substantially less than the amount due of the mortgage by about
$300,000. This would make a sale likely not likely.

The Debtor ordered an appraisal in order to confirm this valuation
which was just received. The Debtor is also finishing operating
reports and expects all reports to be filed by the time this Motion
is presented.

             About Puerto Rican Parade Committee

Puerto Rican Parade Committee of Chicago, Inc., sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ill. Case No.
17-03480) on Feb. 6, 2017.  The petition was signed by Angel
Medina, president.  The case is assigned to Judge Carol A. Doyle.

At the time of the filing, the Debtor estimated assets of less than
$1 million.

Paul M. Bach, Esq., and Penelope N. Bach, Esq., at the Bach Law
Offices, serve as the Debtor's bankruptcy counsel.


RADIAN GROUP: Moody's Rates $400-Mil. Senior Notes Ba3
------------------------------------------------------
Moody's Investors Service has assigned a Ba3 rating to $400 million
of senior notes to be issued by Radian Group Inc. ("Radian" --
senior unsecured Ba3, positive). Net proceeds from the offering are
expected to be used to pay a portion of the consideration in
connection with an outstanding tender offer on Radian's existing
senior notes due in 2019, 2020 and 2021, as well as for general
corporate purposes, which may include the redemption of senior
notes that are not tendered and accepted for purchase in the tender
offer. The notes mature in 2024 and are redeemable at the option of
the issuer. The rating outlook is positive.

RATINGS RATIONALE

According to Moody's, Radian's Ba3 senior unsecured debt rating and
positive outlook reflect the firm's improving overall credit
profile as pre-crisis legacy exposures at flagship mortgage
insurance operating subsidiary Radian Guaranty Inc. ("Radian
Guaranty" -- IFS rating Baa3, positive) amortize and are replaced
by high quality new mortgage insurance business. Radian Guaranty is
in the top tier of US mortgage insurers with an approximate 20%
share of the US private mortgage insurance market. Radian
Guaranty's strong client diversification and improving
profitability metrics also support the rating. These strengths are
tempered by the firm's lack of unrestricted dividend capacity,
sizable debt maturities at Radian within the next few years and an
unresolved tax dispute with the Internal Revenue Service.

Radian currently has approximately $1 billion of debt that matures
by March 2021. Moody's notes that Radian's issuance of new 7-year
notes and concurrent tender offer for a portion of its 2019, 2020
and 2021 senior notes will improve the firm's debt maturity profile
by reducing the outstanding debt at these nearer maturities.
Moody's views this development as credit positive for the firm.

RATINGS DRIVERS

Going forward, the following factors could lead to an upgrade of
Radian's ratings: (1) better alignment of the parent's debt
maturity profile to Radian Guaranty's expected future dividend
capacity; (2) adjusted financial leverage in the 20% range; and (3)
sustained PMIERs compliance with an increasing capital adequacy
buffer.

Conversely, the following factors could lead to a return to a
stable outlook or a downgrade of the Radian's ratings: (1)
non-compliance with PMIERs; (2) a decline in shareholders' equity
(including share repurchases) by more than 10% over a rolling
twelve month period; (3) deterioration in the parent company's
ability to meet its debt service requirements; and (4) an adverse
outcome on the IRS tax dispute that is significantly beyond the
amount that has already been placed on deposit or held in
reserves.

The following rating has been assigned:

Radian Group Inc. -- senior unsecured notes due 2024 at Ba3.

Radian Group Inc., through its subsidiaries, provides mortgage
insurance and products and services to the real estate and mortgage
finance industries. As of June 30, 2017, Radian had shareholders'
equity of approximately $2.9 billion.

The principal methodology used in this rating was Mortgage Insurers
published in April 2016.


RADIAN GROUP: S&P Rates Senior Notes Due 2024 'BB+'
---------------------------------------------------
S&P Global Ratings said it assigned its 'BB+' debt rating to Radian
Group Inc.'s senior notes due in 2024. S&P said, "We expect the
company to use the proceeds from the debt issuance and additional
cash on hand for a partial tender of the company's 5.500% senior
notes due in June 2019, its 5.250% senior notes due in June 2020,
and its 7.000% senior notes due in March 2021. We expect the
company's financial leverage to be less than 28% and its
fixed-charge coverage to be greater than 8x through 2019."

RATINGS LIST
  Radian Group Inc.
   Counterparty Credit Rating               BB+/Stable/--

  New Rating
  Radian Group Inc.
   Senior Notes Due 2024                    BB+


REDIGI INC: Taps Shraiberg Landau as Legal Counsel
--------------------------------------------------
ReDigi Inc. seeks approval from the U.S. Bankruptcy Court for the
Southern District of Florida to hire legal counsel in connection
with its Chapter 11 case.

The company proposes to employ Shraiberg, Landau & Page, P.A. to,
among other things, give advice regarding matters of bankruptcy
law; negotiate with creditors; and assist in the preparation and
implementation of a plan of reorganization.

The firm's standard hourly rates for its attorneys range from $225
to $500.  Bradley Shraiberg, Esq., and Eric Pendergraft, Esq., the
attorneys who will be handling the case, will charge $500 per hour
and $325 per hour, respectively.

Dee Dee Warren, a personal friend of ReDigi CEO John Mark
Ossenmacher, paid the firm a retainer in the amount of $15,000 as a
gift to the company.

Mr. Shraiberg disclosed in a court filing that his firm does not
represent any interest adverse to the estate.

Shraiberg can be reached through:

     Bradley S. Shraiberg, Esq.
     Eric Pendergraft, Esq.
     Shraiberg, Landau & Page, P.A.
     2385 NW Executive Center Drive, Suite 300
     Boca Raton, FL 33431
     Tel: 561-443-0800
     Fax: 561-998-0047
     Email: bss@slp.law
     Email: ependergraft@slp.law

                        About ReDigi Inc.

ReDigi Inc. filed a Chapter 11 petition (Bankr. S.D. Fla. Case No.
16-20809) on August 3, 2016.  The petition was signed by John Mark
Ossenmacher, CEO.  At the time of the filing, the Debtor had $250
in total assets and $6,590,000 in total liabilities.

Judge Paul G. Hyman, Jr. presides over the case.  The Debtor
employed Baker & Hostetler LLP as special counsel.

On May 26, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.

No official committee of unsecured creditors has been appointed in
the Debtor's Chapter 11 case.


ROCKY PINE: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------
Debtor: Rocky Pine Farms, LLC
        7443 N Township Rd 70
        Tiffin, OH 44883-9454

Type of Business: Founded 2007, Rocky Pine Farms, LLC is a
                  small organization in the crop farms
                  industry.

Case No.: 17-32918

Chapter 11 Petition Date: September 12, 2017

Court: United States Bankruptcy Court
       Northern District of Ohio (Toledo)

Judge: Hon. Mary Ann Whipple

Debtor's Counsel: Raymond L. Beebe, Esq.
                  RAYMOND L BEEBE CO LPA
                  1107 Adams Street
                  Toledo, OH 43604
                  Tel: (419) 244-8500
                  E-mail: RLBCT@buckeye-express.com
                         Raybblaw@buckeye-express.com

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

Estimated Liabilities: $1 million to $10 million

The petition was signed by Patricia Nye, president.

The Debtor's list of 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/ohnb17-32918.pdf


ROMEO'S PIZZA: Unsecureds to Recover 5% Over Five Years
-------------------------------------------------------
Romeo's Pizza Express, Inc., filed with the U.S. Bankruptcy Court
for the Southern District of Florida a disclosure statement dated
Aug. 28, 2017, referring to the Debtor's plan of reorganization
dated Aug. 28, 2017.

Class 5 Allowed Unsecured Claims are impaired by the Plan.  This
class includes all unsecured claims allowed against the Debtor's
estate, of approximately $645,717.55.  The Plan proposes to pay a
distribution equal to approximately 5% of allowed general unsecured
claims, in equal monthly installments over 60 months, commencing
within 30 days of the effective date.  The estimated monthly
payments to unsecured creditors would be $538.10.

The Debtor proposes to fund the Plan from cash on hand, income from
ongoing business operations, and from a cash infusion of $30,000 by
Sebastian Romeo.  Mr. Romeo is a cousin of Antonio Manglaviti, the
current president of the Debtor and a 10% equity holder.

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

          http://bankrupt.com/misc/flsb16-24817-122.pdf

                   About Romeo's Pizza Express

Romeo's Pizza Express, Inc., was incprorated in Florida and started
operations in 2007.  It operated as a small pizzeria, primarily
catering to take out and delivery.  

The Debtor filed a Chapter 11 petition (Bankr. S.D. Fla. Case No.
16-24817) on Nov. 1, 2016.  The petition was signed by Antonio
Manglaviti, president and managing partner.  The Debtor estimated
assets and liabilities at $500,001 to $1 million at the time of the
filing.

The Debtor is represented by Malinda L. Hayes, Esq., at Markarian
Frank White-Boyd & Hayes. The Debtor hired Siegel & Siegel, LLC, to
serve as its accountant; and Auction America as appraiser.

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


SANTA ROSA ANIMAL: Plan Outline Okayed, Plan Hearing on Sept. 29
----------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Florida is
set to hold a hearing on September 29 to consider approval of the
Chapter 11 plan of reorganization for Santa Rosa Animal Hospital,
P.A.

The hearing will be held at 10:00 a.m. (Central Time), at Courtroom
1.

The bankruptcy court will also consider at the hearing final
approval of Santa Rosa's disclosure statement, which it
conditionally approved on September 5.

The order set a September 22 deadline for creditors to file their
objections and cast their votes accepting or rejecting the
restructuring plan.

                About Santa Rosa Animal Hospital

Santa Rosa Animal Hospital, P.A., filed a Chapter 11 petition
(Bankr. N.D. Fla. Case No. 16-31051) on Nov. 9, 2016.  The petition
was signed by Cheryl L. Beck, DVM, president.  The Debtor is
represented by Natasha Z. Revell, Esq., at Zalkin Revell, PLLC.

The Debtor estimated assets of less than $50,000 and liabilities of
less than $500,000 at the time of the filing.  No official
committee of unsecured creditors has been appointed in the Chapter
11 case.

On September 1, 2017, the Debtor filed a disclosure statement,
which explains its proposed Chapter 11 plan of reorganization.


SEADRILL LTD: Case Summary & 50 Largest Unsecured Creditors
-----------------------------------------------------------
Lead Debtor: Seadrill Limited
             11210 Equity Drive, Suite 150
             Houston, TX 77041

Type of Business: Seadrill Limited is an offshore drilling company
                  for the oil and gas industry with more than
                  4,780 employees and active operations in 22
                  countries worldwide.  The Debtors' primary
                  business is the provision of offshore drilling
                  services required for the exploration and
                  production of oil and gas resources in shallow-,
                  mid-, deep-, and ultra-deepwater areas, and in
                  benign and harsh environments offshore.  The
                  Debtors and their managed non-Debtor
                  affiliates own or lease a fleet of 51 rigs,
                  including 27 floaters (drillships or semi-
                  submersibles), 21 jack-ups and 3 tender
                  rigs.  A significant portion of the Debtors'
                  fleet is operational and under contract with
                  major oil companies like Exxon Mobil,
                  Statoil, Total, and Petroleo Brasileiro S.A.
                  The Debtors are headquartered in Hamilton,
                  Bermuda, with corporate services provided
                  from offices located in the United States
                  (Houston, Texas), the United Kingdom, Dubai,
                  Norway, Mexico, and Brazil.  They also have
                  significant assets and operations across the
                  United States, Europe, Asia, the Middle
                  East, Africa, and North and South America.
                  Seadrill Limited, together with its Debtor
                  affiliates and managed non-Debtor
                  affiliates, reported approximately $3.2
                  billion of EBITDA on operating revenues of
                  approximately $5.1 billion for 2016.  As of
                  Sept. 12, 2017, the funded debt obligations
                  of Seadrill Limited and its Debtor
                  affiliates and managed non-Debtor affiliates
                  totaled $13.4 billion, while the Debtors'
                  funded debt obligations totaled
                  approximately $8.0 billion.  

                  Web site: http://www.seadrill.com/

Chapter 11 Petition Date: September 12, 2017

Eighty-six affiliated debtors that simultaneously filed Chapter 11
bankruptcy petitions:
  
     Debtor                                           Case No.
     ------                                           --------
     Seadrill Limited                                 17-60079
     Seadrill Americas, Inc.                          17-60077
     Sevan Drilling North America LLC                 17-60078
     North Atlantic Drilling Ltd.                     17-60080
     Sevan Drilling Ltd. (Bermuda)                    17-60081
     Eastern Drilling AS                              17-35367
     North Atlantic Alpha, Ltd.                       17-60082
     North Atlantic Crew AS                           17-60083
     North Atlantic Crewing Ltd.                      17-60084
     North Atlantic Drilling UK Ltd                   17-35368
     North Atlantic Elara, Ltd.                       17-60085
     North Atlantic Epsilon Ltd.                      17-60086
     North Atlantic Linus Charterer Ltd.              17-60087
     North Atlantic Management AS                     17-35369
     North Atlantic Navigator Ltd.                    17-60088
     North Atlantic Norway Ltd.                       17-60089
     North Atlantic Phoenix Ltd.                      17-60090
     North Atlantic Support Services Limited          17-60091
     North Atlantic Venture Ltd.                      17-60092
     Scorpion Drilling Ltd.                           17-60093
     Scorpion Intrepid Ltd.                           17-60094
     Scorpion Servicos Offshore Ltda                  17-60095
     Scorpion Vigilant Ltd.                           17-60096
     Sea Dragon de Mexico S. de R.L. de C.V.          17-60097
     Seadrill Abu Dhabi Operations Limited            17-60098
     Seadrill Angola, Lda                             17-60099
     Seadrill Aquila Ltd.                             17-60100
     Seadrill Ariel Ltd.                              17-60101
     Seadrill Brunei Ltd.                             17-60102
     Seadrill Callisto Ltd.                           17-60103
     Seadrill Capital Spares Pool AS                  17-60104
     Seadrill Carina Ltd.                             17-60105
     Seadrill Castor Ltd.                             17-60106
     Seadrill Castor Pte. Ltd                         17-60107
     Seadrill Cressida Ltd                            17-60108
     Seadrill Deepwater Charterer Ltd.                17-60109
     Seadrill Deepwater Crewing Ltd.                  17-60110
     Seadrill Deepwater Units Pte. Ltd.               17-60111
     Seadrill Dorado Ltd.                             17-60112
     Seadrill Draco Ltd.                              17-60113
     Seadrill Eclipse Ltd.                            17-60114
     Seadrill Eminence Ltd                            17-60115
     Seadrill Far East Limited                        17-60116
     Seadrill Freedom Ltd.                            17-60117
     Seadrill GCC Operations Ltd.                     17-60118
     Seadrill Gemini Ltd                              17-60119
     Seadrill Global Services Ltd                     17-60120
     Seadrill Gulf Operations Neptune LLC             17-60121
     Seadrill Indonesia Ltd.                          17-60122
     Seadrill International Resourcing DMCC           17-60123
     Seadrill Jack Up Holding Ltd                     17-60124
     Seadrill Jack Up I B.V.                          17-60126
     Seadrill Jack Up II B.V.                         17-60127
     Seadrill Jupiter Ltd                             17-60125
     Seadrill Labuan Ltd                              17-60128
     Seadrill Libra Ltd.                              17-60129
     Seadrill Management (S) Pte. Ltd.                17-60130
     Seadrill Management AME Ltd                      17-60131
     Seadrill Management Ltd                          17-60132
     Seadrill Neptune Hungary Kft.                    17-60133
     Seadrill Newfoundland Operations Ltd.            17-60134
     Seadrill Nigeria Operations Limited              17-60135
     Seadrill Offshore AS                             17-60136
     Seadrill Offshore Malaysia Sdn. Bhd.             17-60137
     Seadrill Offshore Nigeria Limited                17-60138
     Seadrill Operations de Mexico, S. de R.L. de C.V.17-60139
     Seadrill Orion Ltd                               17-60140
     Seadrill Pegasus (S) Pte. Ltd.                   17-60141
     Seadrill Prospero Ltd.                           17-60142
     Seadrill Saturn Ltd                              17-60143
     Seadrill Servicos de Petroleo Ltda               17-60144
     Seadrill Telesto Ltd.                            17-60145
     Seadrill Tellus Ltd.                             17-60146
     Seadrill Tucana Ltd                              17-60147
     Seadrill UK Ltd                                  17-60148
     Sevan Brasil Ltd.                                17-60149
     Sevan Driller Ltd.                               17-60150
     Sevan Drilling Limited (UK)                      17-60151
     Sevan Drilling Pte. Ltd                          17-60152
     Sevan Drilling Rig II AS                         17-60153
     Sevan Drilling Rig II Pte. Ltd.                  17-60154
     Sevan Drilling Rig V AS                          17-60155
     Sevan Drilling Rig V Pte. Ltd                    17-60156
     Sevan Drilling Rig VI AS                         17-60157
     Sevan Louisiana Hungary Kft.                     17-60158
     Sevan Marine Servicos de Perfuracao Ltda         17-60159

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

Judge:                Hon. David R Jones

Debtors'
General
Bankruptcy
Counsel:              Anna G. Rotman, P.C.
                      Brian E. Schartz, Esq.
                      KIRKLAND & ELLIS LLP
                      KIRKLAND & ELLIS INTERNATIONAL LLP
                      609 Main Street
                      Houston, Texas 77002
                      Tel: (713) 836-3600
                      Fax: (713) 836-3601
                      Email: anna.rotman@kirkland.com
                             brian.schartz@kirkland.com

                         - and -

                      James H.M. Sprayregen, P.C.
                      Anup Sathy, P.C.
                      Ross M. Kwasteniet, P.C.
                      Adam C. Paul
                      KIRKLAND & ELLIS LLP
                      KIRKLAND & ELLIS INTERNATIONAL LLP
                      300 North LaSalle Street
                      Chicago, Illinois 60654
                      Tel: (312) 862-2000
                      Fax: (312) 862-2200
                      E-mail: james.sprayregen@kirkland.com
                              anup.sathy@kirkland.com
                              ross.kwasteniet@kirkland.com
                              adam.paul@kirkland.com

Debtors'
Co-Bankruptcy
Counsel:              Patricia B. Tomasco, Esq.
                      Matthew D. Cavenaugh, Esq.
                      JACKSON WALKER L.L.P.
                      1401 McKinney Street, Suite 1900
                      Houston, Texas 77010
                      Tel: (713) 752-4284
                      Fax: (713) 308-4184
                      E-mail: ptomasco@jw.com
                              mcavenaugh@jw.com

                         - and -

                      Jennifer F. Wertz, Esq.
                      JACKSON WALKER L.L.P.
                      100 Congress Avenue, Suite 1100
                      Austin, Texas 78701
                      Tel: (512) 236-2247
                      Fax: (512) 391-2147
                      E-mail: jwertz@jw.com

                         - and -

                      Rachel Biblo Block, Esq.
                      JACKSON WALKER L.L.P.
                      2323 Ross Avenue, Suite 600
                      Dallas, Texas 75201
                      Tel: (214) 953-6070
                      Fax: (214) 661-6810
                      E-mail: rblock@jw.com

Debtors'
Co-Corporate
Counsel:              SLAUGHTER AND MAY
  
                        - and -

                      CONYERS DILL & PEARMAN LIMITED

                        - and -

                      ADVOKATFIRMAET THOMMESSEN AS

Debtors'
Financial
Advisor:              HOULIHAN LOKEY

Debtors'
Restructuring
Advisor:              ALVAREZ & MARSAL

Debtors'
Notice &
Claims
Agent:                PRIME CLERK LLC
                      https://cases.primeclerk.com/seadrill
Seadrill Ltd.'s
Estimated Assets: $10 billion to $50 billion

Seadrill Ltd.'s
Estimated Debts: $10 billion to $50 billion

The petitions were signed by Mark Morris, chief financial officer.
A full-text copy of Seadrill Americas' petition is available for
free at http://bankrupt.com/misc/txsb17-60077.pdf

Debtors' List of  50 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Deutsche Bank Trust Company           Unsecured      $843,000,000
Americas Trust & Securities           Bond Debt
Services
60 Wall Street
MS NYC60-2710
New York, NY 10005 United States
Name: John Cryan, CEO
Tel: +1 212 250 2500
Fax: +1 732 578 4635

Deutsche Bank Trust Company           Unsecured      $479,000,000
Americas Trust & Securities           Bond Debt
Services
100 Plaza One
Mailstop JCY03-0699
Jersey City, NJ 07311
United States
Name: John Cryan, CEO
Tel: + 1 212 250 2500
Fax: + 1 732 578 4635

Deutsche Bank Trust Company           Unsecured      $413,000,000
Americas Trust &  Securities          Bond Debt
Services
60 Wall Street
MS NYC60-1630
New York, NY 10005
United States
Name: John Cryan, CEO
Tel: +1 212 250 2500
Fax: +1 732 578 4635

Nordic Trust ASA - NOK 1.8BN          Unsecured      $210,000,000
Senior Unsecured                      Bond Debt
Haakon VII Gate 1
Oslo N-0161 Norway
Name: Erik Marin-Andresen
Tel: +47 22 87 94 09
Email: mail@nordictrustee.no

Nordic Trust ASA - NOK 1.5BN          Unsecured      $165,000,000
Senior Unsecured                      Bond Debt
Haakon VII Gate 1
Oslo N-0161 Norway
Name: Erik Marin-Andresen
Tel: +47 22 87 94 09
Email: mail@nordictrustee.no

Nordic Trust ASA - SEK 1.5BN          Unsecured       $165,000,000
Senior Unsecured                      Bond Debt
Haakon VII Gate 1
Oslo N-0161 Norway
Name: Erik Marin-Andresen
Tel: +47 22 87 94 09
Email: mail@nordictrustee.no

Daewoo Ship & Marine                Contract Claim    $909,500,000
Engineering (DSME) - West
Aquila & West Libra
3370
Geoje-Daero
Geoje-Si
Gyeongsangnam-do Korea,
Republic of
Name: Sung Leep Jung, CEO &
President
Tel: 02 2129 0114

Samsung Heavy Industries (SHI)-      Contract Claim   $728,000,000
Draco and Dorado 23
Pangyo-Ro 227 Beon-Gil
Bundang-Gu
Seongnam-Si
Gyeonggi-do (13486) Korea
Republic of
Name: Dae-young Park
President & CEO
Tel: 82-31 5171-7000

ABN Amro Bank N.V. Singapore            Guarantee     $126,655,510
Branch (Sapura Rubi Bank Debt
($780M Loan))
80 Raffles Place
#10-20
Singapore 048583 Singapore
Name: Erwin de Villenueve
Email: erwin.de.villenueve@sg.abnamro.com

ABM Amro Bank N.V., Singapore           Guarantee     $122,114,347
Branch (Sapura Jade Bank Debt
($780M Loan)
80 Raffles Place
#10-20
Singapore 048583 Singapore
Name: Erwin de Villenueve
Tel: +65 6539 4788
Email: erwin.de.villenueve.sg.abnamro.com

ABN Amro Bank N.V., Singapore           Guarantee     $118,684,570
Branch (Sapura Onix Bank Debt
($780M Loan))
80 Raffles Place
#10-20
Singapore 048583 Singapore
Name: Erwin de Villenueve
Tel: +65 6539 4788
Email: erwin.de.villenueve@sg.abnamro.com

ABN Amro Bank N.V. Singapore            Guarantee     $112,419,717
Branch (Sapura Diamante Bank Debt
($543M Loan))
One Raffles Quay South Tower Level 26
#10-20
Singapore 048583 Singapore
Name: Erwin de Villenueve
Tel: +65 6539 4788
Email: erwin.de.villenueve@sg.abnamro.com

ABN Amro Bank N.V. Singapore            Guarantee    $105,778,996
Branch (Sapura Topazio Bank Debt
($543M Loan))
80 Raffles Place
#10-20
Singapore 048583 Singapore
Name: Erwin de Villenueve
Tel: +65 6539 4788
Email: erwin.de.villenueve@sg.abnamro.com

Swedbank                             Swap Liability   $61,810,000
Landsvagen 40
172 63 Sundyberg
105 34
Stockholm 8901-1 Sweden
Name: Birgitte Bonnesen
President and CEO
Tel: 46 8 5859 00 00
Fax: 46 8 796 80 92

Nordea Bank AB, London Branch        Swap Liability   $57,358,000
Attn: Mike Sheppard & Andrew Searle
8th Floor, City Palace House
55 Basinghall Street
London EC2V 5NB United Kingdom
Name: Mike Sheppard & Andrew Searle
Tel: 44 020 7726 9248
Fax: 44 020 7726 9102

Danske Bank A/S                      Swap Liability    $52,111,000
Holmens Kanal 2-12
Kobenhavn K DK-1092 Denmark
Name: Thomas F. Borgen, CEO
Tel: +45 33 44 00 00
Email: danskebank@danskenbank.dk

DNB Bank ASA                         Swap Liability    $44,254,000
Attn: Rune Bjerke, CEO
Dronning Eufemias Gate 30
Oslo 0191 Norway
Name: Rune Bjerke, CEO
Tel: 47 48014249
Fax: 47 24050401

Skandinaviska Enkilda Banken AB      Swap Liability    $34,567,000
Kungstradgardsgatan 8
SE-106 40
Stockholm Sweden
Name: John Torgeby
President and CEO
Tel: +46 771 62 10 00

ABN Amro Bank N.V.                   Swap Liability    $11,548,000
Attn: Agency Syndicated Loans
Gustav Mahlerlaan 10
Amsterdam 1082 PP
The Netherlands
Name: Kees van Dijkhuizen, CEO
Tel: 0900-0024
Fax: 31 20 628 6985

Therlium Industrias Y Logistica S.A.      Trade        $3,761,522
Ave. PPAL Lecheria CE Pineda and
Pineda
Piso 5
Lecheria 6001 Venezuela
Name: President or General Counsel
Tel: +4248602524

Dril-Quip (Europe) Ltd.                   Trade        $1,573,967
100 Stoneywood Park Dyce
Aberdeen AB21 7DZ United Kingdom
Name: Blake DeBerry,
President & CEO
Tel: +44 1224 727000
Fax: +44 1224 727 070

Sodexo Remote Sites                       Trade        $1,477,882
Partnership
9801 Washington Blvd
Gaithersburg, MD 20878
United States
Name: President or General Counsel
Tel: 301 987 4000

SMEDVIG                                   Trade          $680,004
Lokkeveien 103
Stavanger N-4004 Norway
Name: President or General Counsel
Tel: +47 51 50 96 00

ATP UK Ltd                                Trade          $501,343
Rivercastle House
10 Leake Street
London SE1 7NN United Kingdom
Name: President or General Counsel
Tel: 0044 207 111 8500

Det Norske Veritas (Canada) Ltd.          Trade          $493,935
121 Kelsey Drive
St John's, NL A1B 0L2 Canada
Name: President or General Counsel
Tel: 1 709 733 3131

DNB Livsforsikring ASA                    Trade          $487,916
Dronning Eufemias
Gate 30
Oslo 0191 Norway
Name: President or General Counsel
Tel: + 47 915
03000/04800/07700

Port Logistic Agencia Maritima Ltda       Trade          $476,429
Av Venezuela
27
10 Andar Centro
Rio De Janeiro-RJ 20081 311 Brazil
Name: President or General Counsel
Tel: + 55 21 2516 3218
Email: opx.vix@port-logistic.com

Pensjonstrygden For Sjomenn               Trade          $372,274
Postboks 8143 Dep.
Oslo 33 Norway
Name: President or General Counsel
Tel: 22 35 89 00

Algosaibi Services Company Limited        Trade          $360,846
PO Box 4131
Damman 31491 Saudi Arabi
Name: Jeffrey J.D. Thomas
Tel: (+966-3) 847-4444
Fax: (+966-3)847-1845
Email: jthomas@algosaibi.com.sa

General Electric Company                  Trade          $356,241
41 Farnsworth Street
Boson, MA 02210 United States
Name: President or General Counsel
Tel: (617) 443-3000

National Oilwell Varco L.P.               Trade           $324,717
10353 Richmond Ave
Houston, TX 77042-4200
United States
Name: President or General Counsel
Tel: 713 346 7500

Banco Citibank S.A.                       Trade           $317,296
Av. Paulista
1111
Bela Vista
Sao Paulo-SP 01311-920 Brazil
Name: President or General Counsel
Tel: +55 11 4009-2536

IBM United Kingdom Ltd.                   Trade           $293,056
PO Box 41
North Harbour
Portsmouth Hampshire P06 3Au
United Kingdom
Name: President or General Counsel
Tel: +44 (0) 23 92 56 1000

Sonils LDA                                Trade           $287,014
RUA 6
I.L. Boavista
Luanda Angola
Name: President or General Counsel
Tel: +244 222 670400

Rignet, Inc.                              Trade           $282,276
15115 Park Row
Suite 300
Houston, TX 77084 United States
Name: President or General Counsel
Tel: (281) 674-0100
Fax: (281) 674-0101

ALP Maritime Services B.V.                Trade           $265,000
Maastoren 40th Floor
Wilhelminakade 01
Rotterdam 3072AP
The Netherlands
Name: President or General Counsel
Tel: + 31 10 290 65 55
Fax: + 31 1-290 65 50

Cameron USA                               Trade           $241,290

Pentagon Freight Services, Inc.           Trade           $213,463

AMOSCO                                    Trade           $209,478

International SOS (Malaysia) SDN BHD      Trade           $205,899

Tenerife Shipyards S.A.                   Trade           $192,226

EM&I (Trading) Ltd.                       Trade           $191,327

Drammensveien 288 AS                      Trade           $186,569

IDTV Digital DWC-LLC                      Trade           $173,759

Kelvin Catering Services                  Trade           $173,566
(Emirates) LLC

Louisiana Machinery Co. LLC               Trade           $167,203

Novagest-Servicos E Gestao S.A.           Trade           $152,306

Sonimech Limitada                         Trade           $152,125

Bradesco Saude                            Trade           $151,016

American Petroleum Institute              Trade           $150,000


SEADRILL LTD: Files for Chapter 11 to Restructure $8-Bil. in Debt
-----------------------------------------------------------------
Seadrill Limited and certain of its subsidiaries commenced Chapter
11 proceedings after reaching an agreement on the terms of a plan
that would restructure $8 billion in debt and provide the deepwater
drilling contractor $1.06 billion of new capital.

Seadrill has entered into a restructuring agreement with more than
97% of its secured bank lenders, 40% of its bondholders, and a
consortium of investors led by its largest shareholder, Hemen
Holding Ltd.

According to Edgar W. Mosley II, managing director at Alvarez &
Marsal North America, LLC, the Debtors' restructuring advisor, the
restructuring contemplated by the RSA is financial in nature and
not operational.  He said in court filings that the Debtors'
operational obligations to their employees, customers, and trade
vendors will be largely unimpaired by the chapter 11 proceedings.

The $1.06 billion of new capital is comprised of $860 million of
secured notes and $200 million of equity.  The Company's secured
lending banks have agreed to defer maturities of all secured credit
facilities, totaling $5.7 billion, by five years with no
amortization payments until 2020 and significant covenant relief.
Additionally, assuming unsecured creditors support the plan, the
Company's $2.3 billion of unsecured bonds and other unsecured
claims will be converted into approximately 15% of the
post-restructured equity with participation rights in both the new
secured notes and equity, and holders of Seadrill common stock will
receive 2% of the post-restructured equity.  The agreed plan
comprehensively addresses Seadrill's liabilities, including funded
debt and other obligations.

The agreed restructuring plan was developed over the course of more
than a year of detailed discussions, and the plan will ensure
Seadrill can continue to operate its large, modern fleet of
drilling units.  By extending and re-profiling the secured bank
debt, reducing leverage and delivering a significant amount of new
capital, the agreement provides Seadrill with a five-year runway.
Post-restructuring, Seadrill will have a strong cash position and
good liquidity to take advantage when the market recovers.

"The restructuring agreement . . . is a testament to our position
in the sector, having a large, modern fleet, a top-quality customer
base and a proven operating track record.  With our improved
capital structure, we will be in a strong position to capitalise
when the market recovers," Anton Dibowitz, CEO and President of
Seadrill Management Ltd., said in a statement.

"The continued focus and dedication of all our employees throughout
this process has been exceptional.  It is due to our people's
commitment to deliver safe, efficient operations day in, day out
that we have succeeded in reaching this restructuring agreement."

                       Road to Bankruptcy

Oil prices peaked in mid-2014 at more than $115 per barrel before
declining to less than $30 per barrel by early 2016.

"Approximately three years ago, the oil and gas industry entered
what has become a sustained down cycle that was brought on by low
commodities prices.  Seadrill has not been immune to the effects of
the market decline," Mark Morris, the Company's CFO, explained in
court filings.

In response to deteriorating conditions, the Debtors implemented
various initiatives to reduce costs and increase efficiency.  Among
other things, since the end of 2014, Seadrill has reduced its
employee headcount from 9,500 employees to 4,780 enterprise-wide.
Seadrill also cut rig and operating costs from $1.61 billion in
2015 to $1.02 billion in 2016, and general and administrative
expenses from $248 million in 2015 to $234 million in 2016.

As the market downturn continued, Seadrill determined it would
require a more comprehensive solution to bridge to a market
recovery and began to focus on negotiating a transaction that would
provide for at least a five-year liquidity runway.

After nearly two years of negotiations, the Debtors have achieved
significant consensus in favor of a restructuring, embodied in the
RSA, which will position the Debtors' enterprise to capitalize when
the market rebounds.

                     Prearranged Restructuring

According to CFO Morris, the foundation of Seadrill's restructuring
is an extremely valuable agreement with 97% of the bank lenders
under the bank facilities that will extend maturities by an average
of 5 years, eliminate near term amortization obligations, and
provide significant covenant relief.

From the start, the Bank Deal has been premised on the Debtors
securing a new capital injection of at least $1 billion.  After
nearly a year of marketing efforts and negotiations, the Debtors
secured the $1.06 billion capital commitment backed by an affiliate
of Hemen Holdings Ltd., Seadrill Limited's largest shareholder and
a prominent investor in the offshore space, certain affiliates of
Centerbridge Credit Partners L.P., and a syndicate of additional
financial institutions, in the form of $860 million in new secured
notes and a $200 million direct equity investment.  Collectively,
the Commitment Parties hold approximately 40% of the Unsecured
Bonds.

The Restructuring Support Agreement also contemplates the
conversion into equity of all of the Unsecured Bonds and other
unsecured claims and the consensual restructuring of approximately
$1.1 billion in long-term capital-lease obligations related to
sale/leaseback agreements with Ship Finance International Limited.

                         First Day Motions

Seadrill filed prearranged chapter 11 cases in the Southern
District of Texas together with the agreed restructuring plan.  As
part of the chapter 11 cases, the Company filed "first day" motions
that, when granted, will enable day-to-day operations to continue
as usual.  Specifically, the Company requested authority to pay its
key trade creditors and employee wages and benefits without change
or interruption.  Additionally, the Company expects it will pay all
suppliers and vendors in full under normal terms for goods and
services provided during the chapter 11 cases.  At the point of
filing, Seadrill has more than $1 billion in cash and does not
require debtor-in-possession financing.  The restructuring
agreement contemplates a balance sheet restructuring that is not
intended to affect the Company's operations.

A hearing on the Debtors' first day motions was scheduled for Sept.
13, 2017 at 2:45 PM (CT) before the Honorable David R. Jones.

Seadrill's non-consolidated affiliates, including Seadrill Partners
LLC, SeaMex Ltd., Archer Limited, and their respective
subsidiaries, did not commence proceedings under chapter 11, and
their business operations are expected to continue uninterrupted.

                    Non-Consolidated Entities

As part of the restructuring process, Seadrill has successfully
ring-fenced its non-consolidated affiliates from the Company's
restructuring, including Seadrill Partners LLC, SeaMex Ltd., Archer
Limited and their respective subsidiaries.  These non-consolidated
affiliates did not file chapter 11 cases, and the Company expects
their business operations to continue uninterrupted.

On an enterprise-wide basis, Seadrill has:

   * more than $15 billion in funded-debt obligations (including
the Debtors' $8 billion in funded debt);

   * approximately $4 billion in contingent liabilities under 14
contracts for the construction of new rigs (or "newbuilds"), the
purchase obligations under which span several years; and

   * approximately $1.1 billion in long-term capital lease
obligations under three sale/leaseback agreements with subsidiaries
of Ship Finance International Limited ("SFL"), an entity 36% owned
by Hemen.

These obligations total more than $20 billion.  In the months
preceding the Petition Date, the Debtors consummated a series of
transactions to ring-fence their non-majority owned affiliates,
referred to as the "Non-Consolidated Entities".  Failure to
ring-fence the Non-Consolidated Entities would have led to
cross-defaults triggered by a Seadrill Limited chapter 11 filing
that could have destroyed a great deal of value.  The ring-fencing
transactions ultimately reduced the number of Seadrill entities
requiring chapter 11 protection and eliminated the need to
restructure approximately $7 billion of Seadrill's $15 billion in
funded-debt obligations, leaving only the Debtors' $8 billion in
funded debt subject to these chapter 11 cases.

                        About Seadrill Ltd

Seadrill Limited is a deepwater drilling contractor providing
drilling services to the oil and gas industry.  It is incorporated
in Bermuda and managed from London.  Seadrill and its affiliates
own or lease 51 drilling rigs, which represents more than 6% of the
world fleet.

As of Sept. 12, 2017, Seadrill employs 3,760 highly skilled
individuals across 22 countries and five continents to operate
their drilling rigs and perform various other corporate functions.

As of June 30, 2017, Seadrill had $20.71 billion in total assets,
$10.77 billion in total liabilities and $9.94 billion in total
equity.

Seadrill reported a net loss of US$155 million on US$3.17 billion
of total operating revenues for the year ended Dec. 31, 2016,
following a net loss of US$635 million on US$4.33 billion of total
operating revenues for the year ended in 2015.

After reaching terms of a reorganization plan that would
restructure $8 billion of funded debt, on Sept. 12, 2017, Seadrill
Limited and 85 affiliated debtors each filed a voluntary petition
for relief under Chapter 11 of the United States Bankruptcy Code in
the Bankruptcy Court for the Southern District of Texas.  The
Debtors requested that their Chapter 11 cases be jointly
administered under Case No. 17-60079.

Together with the chapter 11 proceedings, Seadrill, North Atlantic
Drilling Limited ("NADL") and Sevan Drilling Limited ("Sevan") are
commencing liquidation proceedings in Bermuda to appoint joint
provisional liquidators and facilitate recognition and
implementation of the transactions contemplated by the RSA and
Investment Agreement, and Simon Edel, Alan Bloom and Roy Bailey of
Ernst & Young are to act as the joint and several provisional
liquidators.

In the Chapter 11 cases, the Company has engaged Kirkland & Ellis
LLP as legal counsel, Houlihan Lokey, Inc. as financial advisor,
and Alvarez & Marsal as restructuring advisor.  Slaughter and May
has been engaged as corporate counsel, and Morgan Stanley served as
co-financial advisor during the negotiation of the restructuring
agreement.  Advokatfirmaet Thommessen AS is serving as Norwegian
counsel.  Conyers Dill & Pearman is serving as Bermuda counsel.
Prime Clerk is the claims agent and maintains the Web site
https://cases.primeclerk.com/seadrill


SEADRILL LTD: Secures $1.06 Billion in New Capital Commitments
--------------------------------------------------------------
Seadrill Limited and its subsidiaries have entered into an
investment agreement dated Sept. 12, 2017, under which Hemen
Investments Limited, an affiliate of Seadrill's largest shareholder
Hemen Holding Ltd., certain affiliates of Centerbridge Credit
Partners L.P., and a syndicate of additional financial institutions
committed to provide $1.06 billion in new cash commitments to
Seadrill.

The Investment Agreement provides for a commitment period of nine
months; a backstopped offering of some of the new debt and equity
investment to unsecured creditors pursuant to a rights offering
contemplated by the Debtors' Chapter 11 Plan; and a 90-day go-shop
period, which will allow the Debtors to openly market the
investment opportunity in accordance with the agreed-upon marketing
procedures.

The Investment Agreement provides for the issuance of $860 million
of new senior secured notes and $200 million of new Seadrill
equity.

The new secured notes (NSNs) will:

    * mature on the seventh anniversary of the closing;

    * bear interest at a fixed rate of 12% annually consisting of
4% annually payable in cash and 8% annually payable in kind; and

    * be secured by, among other things, first ranking security
interests in unencumbered assets and $227.5 million in a cash
escrow account, subject to reduction under certain circumstances,
plus second ranking security over other assets.

Purchasers of the NSNs will also receive an aggregate of 57.5% of
the new equity in New Seadrill on terms set forth in the Investment
Agreement.

In return for the $200 million equity investment, the applicable
Commitment Parties will receive their respective portions of 25% of
the new common equity in reorganized Seadrill Limited.

The Investment Agreement requires the restructuring to close within
11 months, and is subject to customary closing conditions and
termination events.

                           Commitment Fees

In exchange for the $1.06 billion capital commitment subject to an
unqualified fiduciary out and extensive market test, the Debtors
agreed to the commitment fees contemplated by the Investment
Agreement.  The Commitment Fees with respect to the new secured
notes portion of the Capital Commitment are: (a) cash in an amount
equal to 5% of the $860 million commitment, paid to the applicable
Commitment Parties prepetition, when the Investment Agreement
became effective; and (b) cash in an amount equal to 1% of the new
secured notes portion of the Capital Commitment, payable to all
purchasers of new secured notes at closing.  The Commitment Fees
with respect to the equity portion of the Capital Commitment is
cash in an amount equal to 5% of the $200 million commitment, paid
prepetition to the applicable Commitment Parties when the
Investment Agreement became effective.

                            Allocation

Participation in the $1.06 billion Capital Commitment will be
allocated among the Debtors' stakeholders as follows:

A. New Secured Notes Investment:

   Stakeholder                  Allocation    Form of Allocation
   -----------                  ----------    ------------------
Hemen/Centerbridge              $440 million   Direct Investment
Syndication Parties             $335 million   Direct Investment
Holders of Gen. Unsecured
  Claims, with Note Rights       $85 million   Rights Offering

B. Direct Equity Investment

   Stakeholder                  Allocation    Form of Allocation
   -----------                  ----------    ------------------
Hemen/Centerbridge              $125 million   Direct Investment
Certain Syndication Parties      $50 million   Direct Investment
Holders of Gen. Unsecured
  Claims, with Equity Rights     $25 million   Rights Offering

                        Commitment Period

The Restructuring Support Agreement and Investment Agreement
require the Debtors to meet certain key milestones, including:

   * entry of an order approving the adequacy of the Debtors'
disclosure statement within approximately five months following the
Petition Date;

   * entry of an order confirming the Debtors' chapter 11 plan
within approximately nine months following the Petition Date; and

   * the effective date of the Debtors' chapter 11 plan occurring
within approximately two months after confirmation of the Debtors'
chapter 11 plan.

The Debtors tell the Court that the length of the commitment period
under the Investment Agreement -- nine months from the Petition
Date -- was a key point of negotiation in the months preceding the
bankruptcy filing, and the Debtors were ultimately able to extract
a significantly longer commitment period than initially proposed.
In light of the size of the Capital Commitment and the volatile
market backdrop, the Debtors view the nine-month commitment as
substantial and an important asset of their estates.  The Debtors
also note that the fact they negotiated the Bank Deal, the Capital
Commitment, the SFL resolution, and the Non-Consolidated Entities
ring-fencing transactions before entering chapter 11, and are
proposing to leave trade claims largely unimpaired, greatly reduces
the complexity of their chapter 11 cases. The Debtors believe they
can confirm a plan of reorganization and emerge from chapter 11
within the prescribed time periods, thereby preserving the value
inherent in the Capital Commitment, without prejudicing the rights
of any parties in interest.

Additionally, the Investment Agreement commitment period gives the
Debtors more than sufficient time to market test the terms of the
Capital Commitment.  The Debtors have already conducted a robust
prepetition negotiation and capital marketing process, very much in
the public eye, that lasted for nearly a year.  The Debtors further
negotiated for a 90-day "go shop" period (measured from the
Petition Date) under the Investment Agreement and intend to
re-double their efforts during that period to ensure that the
Capital Commitment represents the best available terms.

A copy of the Investment Agreement is available at
https://is.gd/SD2uts

                        About Seadrill Ltd

Seadrill Limited is a deepwater drilling contractor providing
drilling services to the oil and gas industry.  It is incorporated
in Bermuda and managed from London.  Seadrill and its affiliates
own or lease 51 drilling rigs, which represents more than 6% of the
world fleet.

As of Sept. 12, 2017, Seadrill employs 3,760 highly-skilled
individuals across 22 countries and five continents to operate
their drilling rigs and perform various other corporate functions.

As of June 30, 2017, Seadrill had $20.71 billion in total assets,
$10.77 billion in total liabilities and $9.94 billion in total
equity.

Seadrill reported a net loss of US$155 million on US$3.17 billion
of total operating revenues for the year ended Dec. 31, 2016,
following a net loss of US$635 million on US$4.33 billion of total
operating revenues for the year ended in 2015.

After reaching terms of a reorganization plan that would
restructure $8 billion of funded debt, on Sept. 12, 2017, Seadrill
Limited and 85 affiliated debtors each filed a voluntary petition
for relief under Chapter 11 of the United States Bankruptcy Code in
the Bankruptcy Court for the Southern District of Texas.  The
Debtors requested that their Chapter 11 cases be jointly
administered under Case No. 17-60079.

Together with the chapter 11 proceedings, Seadrill, North Atlantic
Drilling Limited ("NADL") and Sevan Drilling Limited ("Sevan") are
commencing liquidation proceedings in Bermuda to appoint joint
provisional liquidators and facilitate recognition and
implementation of the transactions contemplated by the RSA and
Investment Agreement, and Simon Edel, Alan Bloom and Roy Bailey of
Ernst & Young are to act as the joint and several provisional
liquidators.

In the Chapter 11 cases, the Company has engaged Kirkland & Ellis
LLP as legal counsel, Houlihan Lokey, Inc. as financial advisor,
and Alvarez & Marsal as restructuring advisor.  Slaughter and May
has been engaged as corporate counsel, and Morgan Stanley served as
co-financial advisor during the negotiation of the restructuring
agreement.  Advokatfirmaet Thommessen AS is serving as Norwegian
counsel.  Conyers Dill & Pearman is serving as Bermuda counsel.
Prime Clerk is the claims agent and maintains the Web site
https://cases.primeclerk.com/seadrill


SEADRILL LTD: Soliciting Alternative Offers for $1B Capital Raise
-----------------------------------------------------------------
To ensure that the $1.06 billion capital commitment from Hemen
Investments Limited, Centerbridge Credit Partners L.P., and a
syndicate of additional financial institutions represents the best
available terms, Seadrill Ltd. has negotiated for a 90-day "go
shop" period under their Investment Agreement.

As part of the Debtors' efforts to solicit alternative proposals,
the Debtors intend to continue their marketing process seeking
alternative proposals from financial and strategic parties.  Due to
operational risks, the Debtors did not reach out to certain
strategic parties, many of whom are significant market competitors,
during the prepetition marketing process.  However, to explore
every viable alternative, the Debtors and their advisors will reach
out to such strategic parties that have been identified as
potential investors during a robust postpetition marketing
process.

Similar to the prepetition process, the Debtors and their advisors
will identify potential interested parties, including those
solicited prepetition (collectively, the "Potential Interested
Parties").  The Debtors' investment bankers, Houlihan Lokey, will
distribute sanitized and publicly available information to the
Potential Interested Parties, which will describe the
transactions.

The Debtors intend to conduct the postpetition marketing process as
a two-step process, consisting of Phase I and Phase II.  As part of
Phase I, each Potential Interested Party -- Phase I Parties -- will
receive access to public information regarding the restructuring,
the Debtors' projections, as well as further information as the
Debtors deem appropriate.  The Debtors will then request each Phase
I Party to submit a preliminary, written, non-binding offer for an
alternative investment proposal.

Phase I Parties will be requested to submit a preliminary, written,
non-binding offer -- Indicative Offer -- for an Alternative
Restructuring Proposal by a date to be determined, anticipated to
be no later than 30 days after the Petition Date.

The Debtors will evaluate Indicative Offers in consultation with
its advisors, and, in their sole discretion, the Debtors may select
a limited number of Phase I Parties to participate in Phase II.
Phase II Parties will have the opportunity to execute a
non-disclosure agreement to receive confidential information and
other information that is not publicly available to complete
additional diligence to facilitate preparation of final offers.
The Company will request the Phase II Parties to provide final
offers by a certain date, after which the company will evaluate any
alternative investments and determine whether any are higher or
otherwise better than the terms of the Investment Agreement.  Phase
II of the Marketing Process will conclude no later than 90 days
after the Petition Date.

                        About Seadrill Ltd

Seadrill Limited is a deepwater drilling contractor, providing
drilling services to the oil and gas industry.  It is incorporated
in Bermuda and managed from London.  Seadrill and its affiliates
own or lease 51 drilling rigs, which represents more than 6% of the
world fleet.

As of Sept. 12, 2017, Seadrill employs 3,760 highly-skilled
individuals across 22 countries and five continents to operate
their drilling rigs and perform various other corporate functions.

As of June 30, 2017, Seadrill had $20.71 billion in total assets,
$10.77 billion in total liabilities and $9.94 billion in total
equity.

Seadrill reported a net loss of US$155 million on US$3.17 billion
of total operating revenues for the year ended Dec. 31, 2016,
following a net loss of US$635 million on US$4.33 billion of total
operating revenues for the year ended in 2015.

After reaching terms of a reorganization plan that would
restructure $8 billion of funded debt, on Sept. 12, 2017, Seadrill
Limited and 85 affiliated debtors each filed a voluntary petition
for relief under Chapter 11 of the United States Bankruptcy Code in
the Bankruptcy Court for the Southern District of Texas.  The
Debtors requested that their Chapter 11 cases be jointly
administered under Case No. 17-60079.

Together with the chapter 11 proceedings, Seadrill, North Atlantic
Drilling Limited ("NADL") and Sevan Drilling Limited ("Sevan") are
commencing liquidation proceedings in Bermuda to appoint joint
provisional liquidators and facilitate recognition and
implementation of the transactions contemplated by the RSA and
Investment Agreement, and Simon Edel, Alan Bloom and Roy Bailey of
Ernst & Young are to act as the joint and several provisional
liquidators.

In the Chapter 11 cases, the Company has engaged Kirkland & Ellis
LLP as legal counsel, Houlihan Lokey, Inc. as financial advisor,
and Alvarez & Marsal as restructuring advisor.  Slaughter and May
has been engaged as corporate counsel, and Morgan Stanley served as
co-financial advisor during the negotiation of the restructuring
agreement.  Advokatfirmaet Thommessen AS is serving as Norwegian
counsel.  Conyers Dill & Pearman is serving as Bermuda counsel.
Prime Clerk is the claims agent and maintains the Web site
https://cases.primeclerk.com/seadrill


SEADRILL LTD: Terms of Restructuring and Lock-Up Agreement
----------------------------------------------------------
After nearly two years of negotiations and a nearly year-long
process to raise capital, Seadrill Limited, more than 97% of its
bank lenders, 40% of its bondholders and a consortium of investors
led Hemen Holding Ltd. agreed to a consensual restructuring
transaction set forth in a Restructuring Support Agreement,
including a $1.06 billion Capital Commitment embodied in an
Investment Agreement, dated as of Sept. 12, 2017.

Seadrill's consolidated subsidiaries North Atlantic Drilling Ltd.
and Sevan Drilling Limited, together with certain other of
Seadrill's consolidated subsidiaries entered into the RSA together
with Seadrill.

Ship Finance International Limited and three of its subsidiaries
("SFL"), which charter three drilling units to the Company Parties,
also executed the RSA.

The Restructuring Support Agreement is broadly supported across the
Bank Lender group, with percentage support under each of the 12
Bank Facilities breaking down as follows:

  Bank Facilities (in US$ millions)   Principal    % Party to RSA
  ---------------------------------   ---------    --------------
$400 million facility due 2017          $135            100%
$450 million facility due 2017           265            100%
$300 million facility due 2018           144            100%
$1.50 billion facility due 2019        1,125            100%
$1.35 billion facility due 2019          945            100%
$950 million facility due 2019           566            100%
$450 million facility due 2020           122            100%
$440 million facility due 2017            64            100%
$1.45 billion facility due 2018          322            100%
$2.00 billion facility due 2017          908            100%
$360 million facility due 2018           210             87%
$1.75 billion facility due 2018          875             86%

   Total Bank Facilities:                    $5,681 million

A coordinating committee (the "Bank CoCom") that included each of
the administrative agent banks under the Bank Facilities is
constituted by ABN AMRO Bank, Citibank Europe plc UK Branch, Danske
Bank A/S, DNB Bank ASA, ING Bank N.V. Nordea Bank AB London Branch,
Garantiinstituttet for Eksportkreditt, and Skandinaviska Enskilda
Banken AB (publ).

Over the past three years, the Debtors' businesses have been
affected by a sustained downturn in the oil and gas industry.  In
response, the Debtors negotiated and commenced the chapter 11 cases
to implement a series of restructuring transactions, set forth in
the Restructuring Support Agreement, that will: (a) re-profile the
Bank Facility obligations to eliminate near-term amortization
obligations and extend maturities; (b) reduce overall leverage
through equitizing the Unsecured Bonds; (c) result in a $1.06
billion new capital injection; and (d) reorganize the Seadrill
corporate structure to support the re-profiled Bank Facilities and
new capital injection.

The Commitment Parties -- comprised of Hemen Holding, certain
affiliates of Centerbridge Credit Partners L.P., and a syndicate of
additional financial institutions --- have agreed to provide the
Debtors an aggregate $1.06 billion of new capital pursuant to the
Investment Agreement.  The $1.06 billion capital commitment will be
in the form of a $200 million direct equity investment and a $860
million issuance of new secured notes.

                       Commitment Parties

Hemen Holding and Centerbridge have agreed to fully underwrite
$462,442,000 of the new secured notes issuance.  ARCM Master Fund
III, Ltd., will underwrite US$15 million of the New Secured Notes
issuance.  Fintech Investments Ltd. will underwrite US$25 million
of the new secured notes issuance on the terms set out in the
investment agreement.  Funds managed by or affiliated with Aristeia
Capital LLC, GLG Partners Inc., Saba Capital Management, LP and
Whitebox Advisors LLC -- those funds being the "Select Commitment
Parties" -- will fully underwrite US$357,558,000 of the New Secured
Notes issuance.

The Commitment Parties hold approximately 40% of the Debtors'
unsecured bonds.

Hemen Holding is also Seadrill Limited's principal shareholder,
holding 24.2% of Seadrill Limited's outstanding common shares.

The fact that the Debtors were negotiating with the Commitment
Parties and other stakeholders has been disclosed a number of times
dating back to late 2016.  Therefore, all holders of Unsecured
Bonds have had the opportunity to participate in negotiations.  All
holders of Unsecured Bonds that have become restricted have signed
the Restructuring Support Agreement.  The Debtors will continue to
encourage holders of Unsecured Bonds to support the proposed
restructuring.

In addition to their funded debt obligations, the Debtors commenced
the Chapter 11 cases to restructure four of Seadrill's 14 newbuild
contracts (implicating approximately $1.8 billion of Seadrill's
approximately $4 billion in newbuild obligations) and the $1.1
billion in SFL lease obligations.

Ahead of the Petition Date, the Debtors reached a resolution with
SFL, embodied in the Restructuring Support Agreement, to
restructure the three SFL lease agreements in a manner broadly
consistent with the Bank Deal.  While the Debtors were unable to
reach a comprehensive resolution with their newbuild
counterparties prepetition, they anticipate continuing discussions
postpetition in hopes of securing further delivery deferrals or
implementing another resolution.

Counsel to the consenting lenders under the Bank Facilities:

         Scott Greissman, Esq.
         White & Case LLP
         1221 Avenue of the Americas
         New York, New York 10020
         E-mail: sgreissman@whitecase.com and
                 WCProjectEagle@whitecase.com

              - and -

         David Manson, Esq.
         White & Case LLP
         5 Old Broad Street
         London EC2N 1DW
         United Kingdom
         E-mail: dmanson@whitecase.com and

Counsel to Hemen and Centerbridge:

         Gregory Petrick, Esq.
         Yushan Ng, Esq.
         Cadwalader, Wickersham & Taft LLP
         Dashwood House, 69 Old Broad Street,
         London EC2M 1QS
         United Kingdom
         E-mail: Gregory.Petrick@cwt.com
                 Yushan.Ng@cwt.com
                 projecteagle@cwt.com

                - and -

         Brad E. Scheler, Esq.
         Jennifer L. Rodburg, Esq.
         FRIED, FRANK, HARRIS, SHRIVER & JACOBSON LLP
         One New York Plaza
         New York, NY 10004
         E-mail: Brad.Scheler@friedfrank.com
                 Jennifer.Rodburg@friedfrank.com

Counsel to certain funds and/or accounts holding Unsecured Notes
that are managed, advised or sub-advised by Aristeia Capital
L.L.C., GLG Partners LP, Saba Capital Management LP and Whitebox
Advisors LLC:

         James Terry, Esq.
         Liz Osborne, Esq.
         Akin Gump LLP
         10 Bishops Square, Eighth Floor
         London E1 6EG
         United Kingdom
         E-mail: james.terry@akingump.com
                 liz.osborne@akingump.com
                 SEADRILLAKIN@akingump.com

               - and -

         Ira Dizengoff, Esq.
         Philip Dublin, Esq.
         Akin Gump Strauss Hauer & Feld LLP
         One Bryant Park
         New York, NY 10036
         E-mail: idizengoff@akingump.com
                 pdublin@akingump.com
                 SEADRILLAKIN@akingump.com

ARCM Master Fund III, Ltd. can be reached at:

         ARCM Master Fund III, Ltd.
         c/o Asia Research & Capital Management Ltd
         21/F, SCB Tower
         12 Queens Road Central
         Hong Kong

Counsel to ARCM Master Fund III:

         Andrew Rosenberg, Esq.
         Elizabeth McColm, Esq.
         Catherine Goodall, Esq.
         Paul, Weiss, Rifkind, Wharton & Garrison, LLP
         1285 Avenue of the Americas
         New York, NY 10019-6064
         Facsimile: (212) 373-0524
         E-mail: arosenberg@paulweiss.com
                 emccolm@paulweiss.com
                 cgoodall@paulweiss.com

Fintech Investments Ltd. can be reached at:

         Fintech Investments Ltd.
         C/O KENDRIS Ltd.
         Steinengraben 5
         CH-4002 Basel
         Switzerland

Counsel to Fintech:

         Andrew Rosenberg, Esq.
         Elizabeth McColm, Esq.
         Catherine Goodall, Esq.
         Paul, Weiss, Rifkind, Wharton & Garrison, LLP
         1285 Avenue of the Americas
         New York, NY 10019-6064
         Facsimile: (212) 373-0524
         E-mail: arosenberg@paulweiss.com
                 emccolm@paulweiss.com
                 cgoodall@paulweiss.com

SFL, to, can be reached at:

         Georgina Sousa
         Ship Finance International Limited
         Par-la-Ville Place
         14 Par-la-Ville Road
         Hamilton HM 08, Bermuda

                 - and -

         Ship Finance Management AS
         Bryggegata 3
         P.O. Box 1327 Vika
         N-0112 Oslo, Norway
         E-mail: harald.gurvin@shipfinance.no

A copy of the RSA is available at https://is.gd/iiJ86s

                        About Seadrill Ltd

Seadrill Limited is a deepwater drilling contractor providing
drilling services to the oil and gas industry.  It is incorporated
in Bermuda and managed from London.  Seadrill and its affiliates
own or lease 51 drilling rigs, which represents more than 6% of the
world fleet.

As of Sept. 12, 2017, Seadrill employs 3,760 highly-skilled
individuals across 22 countries and five continents to operate
their drilling rigs and perform various other corporate functions.

As of June 30, 2017, Seadrill had $20.71 billion in total assets,
$10.77 billion in total liabilities and $9.94 billion in total
equity.

Seadrill reported a net loss of US$155 million on US$3.17 billion
of total operating revenues for the year ended Dec. 31, 2016,
following a net loss of US$635 million on US$4.33 billion of total
operating revenues for the year ended in 2015.

After reaching terms of a reorganization plan that would
restructure $8 billion of funded debt, on Sept. 12, 2017, Seadrill
Limited and 85 affiliated debtors each filed a voluntary petition
for relief under Chapter 11 of the United States Bankruptcy Code
for the Southern District of Texas.  The Debtors have requested
that their Chapter 11 cases be jointly administered under Case No.
17-60079.

Together with the chapter 11 proceedings, Seadrill, North Atlantic
Drilling Limited ("NADL") and Sevan Drilling Limited ("Sevan") are
commencing liquidation proceedings in Bermuda to appoint joint
provisional liquidators and facilitate recognition and
implementation of the transactions contemplated by the RSA and
Investment Agreement, and Simon Edel, Alan Bloom and Roy Bailey of
Ernst & Young are to act as the joint and several provisional
liquidators.

In the Chapter 11 cases, the Company has engaged Kirkland & Ellis
LLP as legal counsel, Houlihan Lokey, Inc. as financial advisor,
and Alvarez & Marsal as restructuring advisor.  Slaughter and May
has been engaged as corporate counsel, and Morgan Stanley served as
co-financial advisor during the negotiation of the restructuring
agreement.  Advokatfirmaet Thommessen AS is serving as Norwegian
counsel.  Conyers Dill & Pearman is serving as Bermuda counsel.
Prime Clerk is the claims agent and maintains the Web site
https://cases.primeclerk.com/seadrill


SEADRILL LTD: Three Entities Start Bermuda Proceedings
------------------------------------------------------
In parallel with the chapter 11 cases, Seadrill Limited, North
Atlantic Drilling Limited ("NADL") and Sevan Drilling Limited
("Sevan") commenced liquidation proceedings pursuant to sections
161 and 170 of the Bermuda Companies Act 1981 by presenting
"winding up" petitions to the Bermuda Court.  Upon the application
of the Bermuda Debtors, the Bermuda Court will be requested to
appoint joint "provisional liquidators" for each of the Bermuda
Debtors with respect to the restructuring of those companies in
these chapter 11 cases.

The joint provisional liquidators will act as officers of the
Bermuda Court, and will be required under the order to report to
the Bermuda Court from time to time on the progress of the Bermuda
Debtors' chapter 11 proceedings.  The Bermuda Debtors' application
will also seek to limit the joint provisional liquidators' powers
such that the Bermuda Debtors' management team and boards of
directors will remain in control of the Bermuda Debtors' day-to-day
operations and these chapter 11 cases and the joint provisional
liquidators will have the power to oversee the process, including
the review of documents.  Upon the appointment of joint provisional
liquidators in respect of each of the Bermuda Debtors, a statutory
stay of proceedings in Bermuda against those three entities or
their assets will automatically arise.  On the "return date" for
the Bermuda petitions -- similar to a "second day" hearing in a
chapter 11 proceeding -- the Bermuda Debtors will seek to postpone
their petitions for a specified period, while the Debtors
administer these chapter 11 cases.

After the effective date of the Debtors' chapter 11 plan, to
effectuate the issuance of new equity by reorganized Seadrill
Limited and certain other restructuring transactions, the Debtors
will seek a winding up order from the Bermuda Court and the joint
provisional liquidators will assume full powers in respect of the
Bermuda Debtors and proceed with the formal liquidation and
dissolution of the Bermuda Debtors in accordance with Bermuda law.
The common equity holders of the Bermuda Debtors will not receive a
distribution or otherwise retain any value given that those
entities have no assets as a result of the implementation of the
Debtors' chapter 11 plan.  On or before the effective date of the
Debtors' chapter 11 plan, the Debtors will form "new" (i.e.,
reorganized) Seadrill Limited, NADL, and Sevan to hold the assets
of "old" Seadrill Limited, NADL, and Sevan and otherwise reside in
their respective positions in the new IHCo/RigCo/NSNCo holding
structuring.

Seadrill Limited is a publicly-held Bermuda exempted company listed
on the NYSE and the OSE under the symbol "SDRL."   As of the
Petition Date, Seadrill Limited's nonaffiliated public float
represented 75.8% of total shares outstanding, and Seadrill
Limited's principal shareholder, Hemen, held 24.2% of Seadrill
Limited's outstanding common shares.

NADL is a publicly held Bermuda exempted company listed on the NYSE
and the Norwegian over-the-counter exchange under the symbol
"NADL."  As of the Petition Date, Seadrill owned approximately
70.4% of NADL's outstanding common shares.

Sevan is a publicly held Bermuda exempted company listed on the OSE
under the symbol "SEVDR."  Sevan common shares have traded on the
OSE since June 2015.  As of the Petition Date, Seadrill owned
approximately 50.1% of Sevan's outstanding common shares.

                        About Seadrill Ltd

Seadrill Limited is a deepwater drilling contractor providing
drilling services to the oil and gas industry.  It is incorporated
in Bermuda and managed from London.  Seadrill and its affiliates
own or lease 51 drilling rigs, which represents more than 6% of the
world fleet.

As of Sept. 12, 2017, Seadrill employs 3,760 highly-skilled
individuals across 22 countries and five continents to operate
their drilling rigs and perform various other corporate functions.

As of June 30, 2017, Seadrill had $20.71 billion in total assets,
$10.77 billion in total liabilities and $9.94 billion in total
equity.

Seadrill reported a net loss of US$155 million on US$3.17 billion
of total operating revenues for the year ended Dec. 31, 2016,
following a net loss of US$635 million on US$4.33 billion of total
operating revenues for the year ended in 2015.

After reaching terms of a reorganization plan that would
restructure $8 billion of funded debt, on Sept. 12, 2017, Seadrill
Limited and 85 affiliated debtors each filed a voluntary petition
for relief under Chapter 11 of the United States Bankruptcy Code in
the Bankruptcy Court for the Southern District of Texas.  The
Debtors have requested that their Chapter 11 cases be jointly
administered under Case No. 17-60079.

Together with the chapter 11 proceedings, Seadrill, North Atlantic
Drilling Limited ("NADL") and Sevan Drilling Limited ("Sevan") are
commencing liquidation proceedings in Bermuda to appoint joint
provisional liquidators and facilitate recognition and
implementation of the transactions contemplated by the RSA and
Investment Agreement, and Simon Edel, Alan Bloom and Roy Bailey of
Ernst & Young are to act as the joint and several provisional
liquidators.

In the Chapter 11 cases, the Company has engaged Kirkland & Ellis
LLP as legal counsel, Houlihan Lokey, Inc. as financial advisor,
and Alvarez & Marsal as restructuring advisor.  Slaughter and May
has been engaged as corporate counsel, and Morgan Stanley served as
co-financial advisor during the negotiation of the restructuring
agreement.  Advokatfirmaet Thommessen AS is serving as Norwegian
counsel.  Conyers Dill & Pearman is serving as Bermuda counsel.
Prime Clerk is the claims agent and maintains the Web site
https://cases.primeclerk.com/seadrill


SEADRILL LTD: Unsec. Creditors to Get 15% of New Stock Under Plan
-----------------------------------------------------------------
As of Sept. 12, 2017, Seadrill Limited and its affiliated Chapter
11 debtors were liable for approximately $8 billion in aggregate
funded-debt obligations.  These obligations arise under the 12
secured bank facilities and the six unsecured bond issuances.
Seadrill Limited is an obligor under each of the 12 bank
facilities, as either a borrower or guarantor.

The secured bank facilities are:

  Bank Facilities (in US$ millions)                   Principal
  ---------------------------------                   ---------
Seadrill Limited Facilities
  $400-mil. facility due 2017 — Jack-Up Facility          $135
  $450 mil. facility due 2017 — West Eminence Facility     265
  $300 mil. facility due 2018                              144
  $1.50 bil. facility due 2019                           1,125
  $1.35 bil. facility due 2019                             945
  $950 mil. facility due 2019                              566
  $450 mil. facility due 2020                              122
  $440 mil. facility due 2017 — Split Facility              64
  $1.45 bil. facility due 2018 — Split Facility            322
NADL Facility (Seadrill Limited Guaranteed)
  $2.00 billion facility due 2017 — NADL Facility          908
AOD Facility (Seadrill Limited Guaranteed)
  $360 million facility due 2018                           210
Sevan Facility (Seadrill Limited Guaranteed)
  $1.75 billion facility due 2018                          875
                                                        ------
     Total Bank Facilities                              $5.681

  Unsecured Bonds (in US$ millions)                   Principal
  ---------------------------------                   ---------
Seadrill Limited Bonds
  $1.00 billion bond due 2017 — Maturing Bonds           $843
  NOK 1.80 billion bond due 2018                          211
  SEK 1.50 billion bond due 2019                          168
  $500 million bond due 2020                              479
NADL Bonds
  NOK 1.50 billion bond due 2018                          166
  $600 million bond due 2019                              413
                                                        ------
     Total Unsecured Bonds                              $2,280

Danske Guarantee Facility
   Outstanding Obligations                                 $60

     Total Obligations Outstanding                      $8,021
                                                        ======

The Debtors have filed a Joint Plan of Reorganization that provides
for terms contemplated by the Restructuring Support Agreement
reached with 97% of the secured bank lenders, 40% of bondholders
and a consortium of investors led by the Debtors' largest
shareholder, Hemen Holding Ltd.

A copy of the Disclosure Statement explaining the terms of the Plan
dated Sept. 12, 2017, is available at:

           http://bankrupt.com/misc/Seadrill_20_DS.pdf

The Debtors note that the foundation of Seadrill's restructuring is
an extremely valuable agreement with 97% of the bank lenders under
the bank facilities that will extend maturities by an average of
five years, eliminate near term amortization obligations, and
provide significant covenant relief.

The Plan provides these distributions, assuming general unsecured
creditors accept the Plan:

   * purchasers of the new secured notes will receive 57.5% of the
new Seadrill equity, subject to dilution by the primary structuring
fee and an employee incentive plan;

   * purchasers of the new Seadrill equity will receive 25% of the
new Seadrill equity, subject to dilution by the primary structuring
fee and an employee incentive plan;

   * general unsecured creditors of Seadrill, NADL, and Sevan,
which includes Seadrill and NADL bondholders, will receive their
pro rata share of 15% of the new Seadrill common stock, subject to
dilution by the primary structuring fee and an employee incentive
plan, plus certain eligible unsecured creditors will receive the
right to participate pro rata in $85 million of the new secured
notes and $25 million of the new equity, provided that general
unsecured creditors vote to accept the plan; and

   * holders of Seadrill common stock will receive 2% of the new
Seadrill equity, subject to dilution by the primary structuring fee
and an employee incentive plan, provided that general unsecured
creditors vote to accept the plan.

Existing claims against and interests in Seadrill, including the
economic interests in the existing Seadrill common shares, will be
extinguished under the plan.  If Seadrill general unsecured
creditors do not accept the plan, they will receive the minimum
consideration required under chapter 11, and holders of existing
Seadrill common shares will receive no recovery.

The RSA contemplates certain releases and exculpations and
implementation of a customary equity-based employee incentive plan
at closing.  The transactions contemplated by the RSA are subject
to court approval and other terms and conditions.

Based on the analysis by the Debtors' advisors, the value of the
Debtors' estates does not support a significant recovery for
holders of unsecured bonds under a chapter 11 plan.  However, the
Restructuring Support Agreement provides for the prospect of a
better recovery through the equitization of the Unsecured Bonds.
Specifically, the RSA provides that, to the extent holders of
unsecured claims at Seadrill Limited, NADL, and Sevan (which
includes holders of Unsecured Bonds) vote as a class to accept the
Debtors' chapter 11 plan, the holders will receive their pro rata
share of 15 percent of the new equity in reorganized Seadrill
Limited, plus their pro rata share of subscription rights to
participate in up to (a) $85 million of the NSNs portion of the
Capital Commitment and (b) $25 million of the equity portion of the
Capital Commitment.

Under the RSA, so long as holders of unsecured claims at Seadrill
Limited vote as a class to accept the Debtors' chapter 11 plan,
holders of existing equity interests in Seadrill Limited will
receive their pro rata share of 2% of the new equity in reorganized
Seadrill Limited.  On the effective date of the Debtors' chapter 11
plan, the existing equity interests in Seadrill Limited will be
extinguished. The existing equity interests in NADL and Sevan will
be extinguished on the effective date of the Debtors' chapter 11
plan and holders of such equity interest will receive no recovery.

The current version of the Disclosure Statement still has banks as
to the estimated percentage recovery by holders of allowed general
unsecured claims against debtors Seadrill Limited, NADL, and Sevan.
General unsecured claims against the other Debtors will be paid in
full in cash on the Effective Date or Reinstated -- thus, the
claims are unimpaired and not entitled to vote to accept or reject
the Plan.

The Debtors propose the following schedule (including applicable
Restructuring Support Agreement and Investment Agreement
milestones):

  Event/Deadline                              Date       T+
  --------------                              ----       --
Petition Date                            Sept. 12, 2017  T+0
Expiration of Go-Shop Period             Dec.11, 2017    T+90
Disclosure Statement Objection Deadline  Dec. 29, 2017   T+108
Disclosure Statement Hearing             Jan. 10, 2018   T+120
Deadline to Send Solicitation Packages   Jan. 17, 2018   T+127
Disclosure Statement Order Milestone     Feb. 9, 2018    T+150
Plan Voting Deadline                     March 9, 2018   T+178
Plan Confirmation Objection Deadline     March 9, 2018   T+178
Plan Confirmation Hearing                March 26, 2018  T+195
Targeted Plan Effective Date             May 10, 2018    T+240
Confirmation Milestone                   June 9, 2018    T+270
Effective Date Milestone                 Aug. 8, 2018    T+330

                        About Seadrill Ltd

Seadrill Limited is a deepwater drilling contractor providing
drilling services to the oil and gas industry.  It is incorporated
in Bermuda and managed from London.  Seadrill and its affiliates
own or lease 51 drilling rigs, which represents more than 6% of the
world fleet.

As of Sept. 12, 2017, Seadrill employs 3,760 highly-skilled
individuals across 22 countries and five continents to operate
their drilling rigs and perform various other corporate functions.

As of June 30, 2017, Seadrill had $20.71 billion in total assets,
$10.77 billion in total liabilities and $9.94 billion in total
equity.

Seadrill reported a net loss of US$155 million on US$3.17 billion
of total operating revenues for the year ended Dec. 31, 2016,
following a net loss of US$635 million on US$4.33 billion of total
operating revenues for the year ended in 2015.

After reaching terms of a reorganization plan that would
restructure $8 billion of funded debt, on Sept. 12, 2017, Seadrill
Limited and 85 affiliated debtors each filed a voluntary petition
for relief under Chapter 11 of the United States Bankruptcy Code in
the Bankruptcy Court for the Southern District of Texas.  The
Debtors have requested that their Chapter 11 cases be jointly
administered under Case No. 17-60079.

Together with the chapter 11 proceedings, Seadrill, North Atlantic
Drilling Limited ("NADL") and Sevan Drilling Limited ("Sevan") are
commencing liquidation proceedings in Bermuda to appoint joint
provisional liquidators and facilitate recognition and
implementation of the transactions contemplated by the RSA and
Investment Agreement, and Simon Edel, Alan Bloom and Roy Bailey of
Ernst & Young are to act as the joint and several provisional
liquidators.

In the Chapter 11 cases, the Company has engaged Kirkland & Ellis
LLP as legal counsel, Houlihan Lokey, Inc. as financial advisor,
and Alvarez & Marsal as restructuring advisor.  Slaughter and May
has been engaged as corporate counsel, and Morgan Stanley served as
co-financial advisor during the negotiation of the restructuring
agreement.  Advokatfirmaet Thommessen AS is serving as Norwegian
counsel.  Conyers Dill & Pearman is serving as Bermuda counsel.
Prime Clerk is the claims agent and maintains the Web site
https://cases.primeclerk.com/seadrill


SEMGROUP CORP: Moody's Rates Proposed $300MM Sr. Unsec. Notes B3
----------------------------------------------------------------
Moody's Investors Service assigned a B3 rating to SemGroup
Corporation's (SEMG's) proposed $300 million senior unsecured notes
due 2026. SemGroup's B2 Corporate Family Rating (CFR) and other
ratings are unaffected, and the rating outlook remains stable. The
proceeds from the proposed notes offering will be used to reduce
drawings under SemGroup's revolving credit facility that was used
to finance the acquisition of HFOTCO LLC, which closed on July 17,
2017.

"The proposed notes issuance is leverage neutral for SemGroup,"
stated Arvinder Saluja, Moody's Vice President -- Senior Analyst.
"However, the transaction provides the company the opportunity to
pay down priority debt while increasing available liquidity to fund
its capital spending program following the acquisition of HFOTCO
LLC."

Issuer: SemGroup Corporation

Assignments:

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

LGD Adjustments:

Issuer: Rose Rock Midstream, L.P.

-- Senior Unsecured Regular Bond/Debentures, Adjusted to LGD 5
    from LGD 4

Issuer: SemGroup Corporation

-- Senior Unsecured Regular Bond/Debenture, Adjusted to LGD 5
    from LGD 4

RATINGS RATIONALE

The B3 rating on SEMG's senior unsecured notes reflects their
subordinate position relative to the company's $1 billion secured
credit facility in the capital structure. The potential priority
secured claim of the revolver relative to the notes results in the
unsecured notes being rated one notch beneath the B2 CFR under
Moody's Loss Given Default Methodology.

SEMG's B2 CFR reflects a highly leveraged balance sheet, a
disparate mix of largely non-correlated assets and an improving
business risk profile stemming from the company's growing
refinery-facing businesses on the Gulf Coast. EBITDA growth is
expected at SEMG and its unrestricted subsidiary HFOTCO in the near
term as projects currently under construction come online. In
particular, the Maurepas Pipeline which is expected to be placed in
service in the third quarter of 2017 and benefits from a long-term
take-or-pay contract with Shell Oil Company. The HFOTCO acquisition
increases SEMG's percentage of gross margin that is take-or-pay to
52% pro forma, up from about 40% at year-end 2016. SEMG's also
benefits from a further skew toward crude oil and refined crude
products. HFOTCO represents a second significant step in SEMG's
efforts to establish a presence on the Gulf Coast, although HFOTCO
does not provide physical integration or direct overlap with SEMG's
other businesses. SEMG's reliance on its revolver to fund capital
spending and expected capital contributions at HFOTCO as well as a
$600 million deferred payment related to the HFOTCO acquisition due
at year-end 2018, will keep leverage elevated with Debt/EBITDA at
year-end 2018 above 6x. Targeted annual dividend growth of 10%
diminishes SEMG's capacity to internally fund its growth capital
projects, although dividend coverage is expected to remain
satisfactory.

SEMG's SGL-3 Speculative Grade Liquidity Rating reflects adequate
liquidity through mid-2018, supported by $845 million available
under its credit facility, pro forma for the tack-on notes
offering, and $57 million of balance sheet cash, both as of
June 30, 2017. Moody's expects that the company will rely heavily
on its revolving credit facility to fund its substantial capital
spending program through 2018. The credit facility expires in March
2021 and is governed by three financial covenants: leverage of no
more than 5.5x, interest coverage of no less than 2.5x, and senior
secured leverage of no more than 3.5x. These covenants do not
consider HFOTCO's debt or interest expense. Moody's expects that
the company will remain in compliance with these covenants through
mid-2018. Dividend coverage is expected to be adequate through 2018
at 1.3x after subtracting maintenance-level capital spending. The
next maturity will be the $400 million senior unsecured notes due
in 2022.

SEMG's stable outlook reflects Moody's expectation that near-term
cash flow growth will allow the company to begin deleveraging by
late 2017. Ratings would likely be downgraded if year-end 2018
leverage is expected to be above 7x. Ratings could be upgraded if
debt/EBITDA appears sustainable below 6x and dividend coverage is
maintained above 1.2x.

The principal methodology used in this rating was Midstream Energy
published in May 2017.

SemGroup, based in Tulsa, Oklahoma, owns a diverse suite of
midstream assets focused on the gathering, processing,
transportation, and storage of crude oil and natural gas across
several major North American oil and gas basins.


SEMGROUP CORP: S&P Rates $300MM Senior Unsecured Notes 'B+'
-----------------------------------------------------------
S&P Global Ratings assigned its 'B+' issue-level rating and '4'
recovery rating to SemGroup Corp.'s $300 million senior unsecured
notes due 2026. The '4' recovery rating on the notes indicates
S&P's expectation of average (30%-50%; rounded estimate: 35%)
recovery in the event of a payment default.

The company intends to use net proceeds of the offering to repay
outstanding borrowings under its revolving credit facility. Tulsa,
Okla.-based SemGroup Corp. is a midstream energy company with a
diversified portfolio of assets in the U.S., Canada, Mexico, and
the U.K. S&P's corporate credit rating on SemGroup is 'B+', and the
outlook is stable. For the corporate credit rating rationale, see
S&P's research update published July 17, 2017.

Ratings List

  SemGroup Corp.
   Corporate Credit Rating            B+/Stable/--

  New Rating

  SemGroup Corp.
   $300 mil sr unsec notes due 2026   B+
    Recovery Rating                   4(35%)


SKY HARBOR: Plan Outline OK'd; Plan Confirmation Hearing on Oct. 24
-------------------------------------------------------------------
The Hon. Paul Sala of the U.S. Bankruptcy Court for the District of
Arizona has approved Sky Harbor Hotel Properties, LLC's disclosure
statement dated July 14, 2017, in support of the Debtor's plan of
liquidation dated July 14, 2017.

A hearing to consider the confirmation of the Plan will be held on
Oct. 24, 2017, at 11:00 a.m.

Objections to the confirmation of the Plan must be filed by Oct.
17, 2017.

The last day for filing with the Court written acceptances or
rejections of the Plan is five business days prior to the hearing
date set for the confirmation of the Plan.

As reported by the Troubled Company Reporter on July 24, 2017, the
Debtor filed with the Court a disclosure statement in support of
its Plan, which proposes that holders of Class 3 Allowed Unsecured
Claims be paid pro rata from the net proceeds received by the
Reorganized Debtor from the Sale of the Debtor's property located
South of the SWC of 48th Street and University Dr.  It is
anticipated that the sale will generate sufficient funds to pay all
Allowed Unsecured Claims in full.  Class 3 Unsecured Claims are not
impaired and holders of Class 3 Allowed Unsecured Claims will not
be entitled to vote to accept or reject the Plan.

                About Sky Harbor Hotel Properties

Headquartered in Tempe, Arizona, Sky Harbor Hotel Properties, LLC,
or SHHP was formed for the purposes of purchasing a parcel of
unimproved real property located at 3210 South 48th Street, in
Phoenix, Arizona, constructing a hotel on the Property and managing
the hotel.  SHHP's assets consist primarily of the Hotel Property
and its 50% ownership interest in Soleil Conference Center, LLC.

Sky Harbor Hotel filed for Chapter 11 bankruptcy protection (Bankr.
D. Ariz. Case No. 17-08082) on July 14, 2017, listing $1.64 million
in total assets and $900,728 in total liabilities.  The petition
was signed by Shane Kuber of SKK, LLC, manager of the Debtor.

The goal of the bankruptcy case is to maximize the value of Sky
Harbor Hotel's assets through a sale process, pay all allowed
claims and interests, and liquidate Sky Harbor Hotel after the net
proceeds are distributed according to the priorities set forth
under the Bankruptcy Code.

John R. Clemency, Esq., Lindsi M. Weber, Esq., and Janel M. Glynn,
Esq., at Gallagher & Kennedy, P.A., serve as the Debtor's
bankruptcy counsel.


SNOWBALL TAXI: Case Summary & Top Unsecured Creditors
-----------------------------------------------------
Debtor affiliates that simultaneously filed Chapter 11 bankruptcy
petitions:

       Debtor                                     Case No.
       ------                                     --------
       Snowball Taxi Inc.                         17-28562
       25 E. 86th Street, #9F
       New York, NY 10028

       Sangria Taxi LLC                           17-28564
       25 E. 86th Street, #9F
       New York, NY 10028

       Seismic Hacking Corp.                      17-28565
       25 E. 86th Street, #9F
       New York, NY 10028

       Sunny Cab Corp.                            17-28566
       25 E. 86th Street, #9F
       New York, NY 10028

       Tequila Taxi LLC                           17-28567
       25 E. 86th Street, #9F
       New York, NY 10028

Type of Business: Taxi and Limousine Service

Chapter 11 Petition Date: September 12, 2017

Court: United States Bankruptcy Court
       District of New Jersey (Newark)

Judge: Hon. Vincent F. Papalia

Debtors' Counsel: Joseph J. DiPasquale, Esq.
                  TRENK, DIPASQUALE, DELLA FERA & SODONO, P.C.
                  347 Mt. Pleasant Ave, Suite 300
                  West Orange, NJ 07052
                  Tel: 973-243-8600
                  Fax: 973-243-8677
                  E-mail: jdipasquale@trenklawfirm.com

Debtors'
Special
Litigation
Counsel:          FOX ROTHSCHILD LLP

Each Debtor's Estimated Assets: $100,000 to $500,000

Each Debtor's Estimated Debt:$100,000 to $500,000

The petitions were signed by Evgeny A. Freidman, president.

Snowball Taxi Inc.'s list of nine unsecured creditors is available
for free at http://bankrupt.com/misc/njb17-28562.pdf

Sangria Taxi LLC's list of 11 unsecured creditors is available for
free at http://bankrupt.com/misc/njb17-28564.pdf

Seismic Hacking Corp.'s list of nine unsecured creditors is
available for free at http://bankrupt.com/misc/njb17-28565.pdf

Sunny Cab Corp.'s list of nine unsecured creditors is available for
free at http://bankrupt.com/misc/njb17-28566.pdf

Tequila Taxi LLC's list of seven unsecured creditors is available
for free at http://bankrupt.com/misc/njb17-28567.pdf

Pending bankruptcy cases filed by affiliates:

   Debtor                             Date Filed         Case No.
   ------                             ----------         --------
A&J Cab Corp.                          8/29/2017         17-27510
Almanac Hacking Corp.                  8/29/2017         17-27514
Antibes Taxi Inc.                      8/29/2017         17-27437
Avignon Taxi LLC                       8/29/2017         17-27522
Avit Trans Inc.                        8/29/2017         17-27527
Badger Taxi LLC                        8/17/2017         17-26680
Barcelona Taxi Inc.                    8/30/2017         17-27565
Beaujolais Taxi Inc.                   8/29/2017         17-27438
Belvedere Taxi LLC                     8/29/2017         17-27439
Ben-Khe Trans. Corp.                   6/19/2017         17-22502
Betmar Express Cab Corp.               8/29/2017         17-27440
Bimbo Taxi LLC                         6/19/2017         17-22503
Black Label Taxi LLC                   8/29/2017         17-27441
Body Slam Taxi LLC                     8/29/2017         17-27442
Bordeaux Taxi LLC                      8/29/2017         17-27444
Brownie Taxi LLC                       8/29/2017         17-27507
Butterscotch Taxi LLC                  8/29/2017         17-27532
Byblos Taxi Inc.                       6/19/2017         17-22505
Calvados Taxi LLC                      8/29/2017         17-27445
Cannes Taxi Inc                        8/17/2017         17-26682
Caramel Taxi LLC                       8/17/2017         17-26684
Cartier Taxi Inc.                      6/19/2017         17-22507
Chamonix Taxi LLC                      8/29/2017         17-27446
Chardonnay Taxi Inc.                   8/29/2017         17-27449
Cognac Taxi LLC                        8/29/2017         17-27454
Cuervo Taxi LLC                        8/29/2017         17-27455
Devil Dog Taxi LLC                     8/30/2017         17-27567
Diamond Castle Taxi Inc.               8/30/2017         17-27568
Donkey Taxi LLC                        8/17/2017         17-26685
Dov Jam Cab Corp.                      8/17/2017         17-26686
Dragonfly Taxi Inc.                    6/19/2017         17-22510
Ducati Taxi Inc.                       6/19/2017         17-22511
Dylan Taxi Inc.                        8/17/2017         17-26687
Ferco Hacking Corp.                    8/30/2017         17-27569
Filya Taxi Inc.                        8/29/2017         17-27457
Finlandia Taxi LLC                     8/29/2017         17-27458
Frangelico Taxi LLC                    8/29/2017         17-27460
Gaze Service Corp. Inc.                8/29/2017         17-27462
Geneva Taxi Inc.                       8/30/2017         17-27572
Golden Beetle Taxi LLC                 6/19/2017         17-22514
Grasshopper Taxi LLC                   6/19/2017         17-22515
Gstaad Taxi LLC                        8/30/2017         17-27574
Hankuri Taxi Inc.                      8/29/2017         17-27465
Hot Fudge Taxi LLC                     8/17/2017         17-26689
Hypnotic Taxi LLC, et al.              7/22/2015         15-43300  
       
(Admin. Consolidated
Chapter 7)
JDS Trans. Inc.                        8/17/2017         17-26692
Jolly Hacking Corp.                    6/19/2017         17-22516
Kabbalah Taxi Inc.                     8/30/2017         17-27566
Koala Taxi LLC                         8/17/2017         17-26693
Lorie Valley Taxi LLC                  8/29/2017         17-27467
London Taxi LLC                        6/19/2017         17-22506
Macar Service Corp.                    8/17/2017         17-26694
Marshmallow Taxi LLC                   8/17/2017         17-26695
Maserati Taxi Inc.                     8/30/2017         17-27576
Mediterranean Taxi Inc.                8/29/2017         17-27472
Monte Carlo Taxi Inc.                  8/30/2017         17-27578
Moth Taxi LLC                          6/19/2017         17-22513
NY Kind Taxi Corp.                     6/19/2017         17-22517
Panda taxi LLC                         8/17/2017         17-26678
Pelican Taxi LLC                       6/19/2017         17-22519
Portofino Taxi LLC                     8/29/2017         17-22534
Privet Taxi Inc.                       6/19/2017         17-22520
Provance Taxi Inc.                     8/30/2017         17-27579
Pupsik Hacking Corp.                   8/29/2017         17-27536
Purlie Trans. Corp.                    6/19/2017         17-22521
Razor Service Corp.                    8/29/2017         17-27476
Red Bull Taxi Inc.                    11/14/2016         16-13153
Saint Tropez Taxi Inc.                 6/19/2017         17-22524
Sambuca Taxi LLC                       8/29/2017         17-27477
Sardinia Taxi Inc.                     8/29/2017         17-27479
Shurik Taxi Corp.                      8/29/2017         17-27537
Smirnoff Taxi Inc.                     8/30/2017         17-27581
Smores Taxi LLC                        8/29/2017         17-27538
Soly Cab Corp.                         8/29/2017         17-27540
Split Transit Inc.                     6/19/2017         17-22522
Sshri Trans Corp.                      8/30/2017         17-27583
Taxopark Inc.                         12/23/2016         16-13570
Tori & Sarah Hacking Corp.             8/17/2017         17-26696
Trestomos Trans. Inc.                  6/19/2017         17-22523
Twinkie Taxi LLC                       8/17/2017         17-26702
Two Hump Taxi LLC                      8/29/2017         17-27481
Wasp Taxi LLC                          6/19/2017         17-22525
Wolverine Taxi LLC                     6/19/2017         17-22500
Wrestler Taxi LLC                      8/29/2017         17-27436
XO Taxi Inc.                           8/29/2017         17-27484
Young Cab Corp.                        8/30/2017         17-27586


STANFORD INTERNATIONAL: Claims Against Hunton & Williams Settled
----------------------------------------------------------------
Ralph S. Janvey, the court-appointed receiver for Stanford
International Bank Ltd. ("SIB"), said SIB and related entities, and
certain plaintiffs have reached an agreement to settle all claims
asserted or that could have been asserted against Hunton & Williams
LLP relating to or in a way concerning SIB.

As part of the settlement agreement, the receiver and plaintiffs
have requested orders that permanently enjoin, among others, all
interested parties, including Stanford investors from bringing any
legal proceeding or cause of action arising from or relating to the
Stanford Entities against Hunton & Williams or the Hunton released
parties.

Complete copies of the settlement agreement, the proposed bar
orders, and settlement documents are available on the the
receiver’s website at
http://www.stanfordfinancialreceivership.com

Interested parties may file written objections with the United
State District Court for the Northern District of Texas on or
before November 7, 2017.

The court-receiver retained as counsels:

   Kevin M. Sadler, Esq.
   Robert I. Howell, Esq.
   David T. Arlington, Esq.
   Baker Botts LLP
   1500 San Jacinto Center
   98 San Jacinto Blvd.
   Austin, Texas 78701-4039
   Tel: (512) 322-2500
   Fax: (512) 322-2501
   Email: kevin.sadler@bakerbotts.com
          robert.howell@bakerbotts.com
          david.arlington@bakerbotts.com

        - and -

   Timothy S. Durst, Esq.
   Baker Botts LLP
   2001 Ross Avenue
   Dallas, Texas 75201
   Tel: (214) 953-6500
   Fax: (214) 953-6503
   Email: tim.durst@bakerbotts.com

                       About Stanford Group

The Stanford Financial Group was a privately held international
group of financial services companies controlled by Allen Stanford,
until it was seized by United States (U.S.) authorities in early
2009.

Domiciled in Antigua, Stanford International Bank Limited --
http://www.stanfordinternationalbank.com/ --is a member of  
Stanford Private Wealth Management, a global financial services
network with US$51 billion in deposits and assets under management
or advisement.  Stanford Private Wealth Management served more than
70,000 clients in 140 countries.

On Feb. 16, 2009, the United States District Court for the Northern
District of Texas, Dallas Division, signed an order appointing
Ralph Janvey as receiver for all the assets and records of Stanford
International Bank, Ltd., Stanford Group Company, Stanford Capital
Management, LLC, Robert Allen Stanford, James M. Davis and Laura
Pendergest-Holt and of all entities they own or control.  The Feb.
16 order, as amended March 12, 2009, directs the Receiver to, among
other things, take control and possession of and to operate the
Receivership Estate, and to perform all acts necessary to conserve,
hold, manage and preserve the value of the Receivership Estate.

The case in district court was Securities and Exchange Commission
v. Securities Investor Protection Corp., 11-mc-00678, U.S. District
Court, District of Columbia (Washington).

The U.S. Securities and Exchange Commission charged before the U.S.
District Court in Dallas, Texas, Mr. Stanford and three of his
companies for orchestrating a fraudulent, multi-billion dollar
investment scheme centering on an US$8 billion Certificate of
Deposit program.

A criminal case was pursued against him before the U.S. District
Court in Houston, Texas.  Mr. Stanford pleaded not guilty to 21
charges of multi-billion dollar fraud, money-laundering and
obstruction of justice.  Assistant Attorney General Lanny Breuer,
as cited by Agence France-Presse News, said in a 57-page indictment
that Mr. Stanford could face up to 250 years in prison if convicted
on all charges.  Mr. Stanford surrendered to U.S. authorities
after a warrant was issued for his arrest on the criminal charges.


STATE THEATRE OWNER: Culpeper Moviehouse Up for Auction Today
-------------------------------------------------------------
The lot and building that houses the Culpeper State Theatre in
Culpeper County, Virginia, will be auctioned off.

Paul S. Bliley, Jr., of Williams Mullen, P.C., as Substitute
Trustee, will offer the property for sale at public auction at the
front entrance of the Culpeper County Circuit Court located at 135
W. Cameron Street, Culpeper, Virginia 22701, on September 13, 2017,
at 11:00 a.m.

The Culpeper State Theatre, has been closed nearly a year due to an
income shortfall, according to a report by the Culpeper Star
Exponent.

The property is owned by State Theatre Owner, LLC, a Virginia
limited liability company, which has been declared in default under
a loan agreement.

The property to be sold consists of the theatre and all other
rights, easements and appurtenances benefiting and\or burdening the
theatre property, and together with all of the Trustee's right,
title and interest, in and to, all items of tangible and intangible
property described in the Deed of Trust, including, without
limitation, machinery, equipment, furniture, furnishings, goods,
building supplies and materials of the Borrower used on or in
connection with the Real Estate.

To participate in the bidding, a bidder's deposit in the amount of
$250,000 will be required at the Date of Sale in cash or by
certified or cashier's check payable to the Trustee (or to the
bidder and endorsed to the Trustee). To the extent the deposit
exceeds 10% of the final bid, the Trustee will refund the
difference pending closing.

The Noteholder may participate in the sale, but will not be
required to provide a Deposit. The balance of the Sales Price shall
be paid in cash, wired funds or by certified or cashier's check, at
settlement, to be held no later than 21 days after the Date of Sale
at the office of the Trustee (the "Date of Settlement"), TIME BEING
OF THE ESSENCE. To those who provide a Deposit to the Trustee but
are not the successful bidder, the Trustee will return the Deposits
promptly after completion of the bidding.

The Trustee's Notice of Auction does not identify the Noteholder.
According to a report by Allison Brophy Champion of the Culpeper
Star Exponent, court documents show a Rappahannock County couple
made a $2 million loan to the State Theatre Foundation in 2012 with
a scheduled maturity date by the following year. The repayment
schedule was extended in 2013 to 2020, as the request of the State
Theatre Foundation, and the creditor agreed so long as the loan did
not default, according to court documents.  Those court documents
also reveal that a second Rappahannock County party, Melbell LLC,
made a $3 million dollar loan to the foundation for construction
around the same time for which the repayment schedule was also
extended to 2020 at the request of the Foundation.

That report adds that a 2017 real estate assessment of the State
Theatre valued it at $2.68 million. The venue is current on its
taxes having been approved as a tax-exempt nonprofit for 2014, 2015
and 2016, according to Culpeper County Treasurer David DeJarnette,
the report says.

According to the Star Exponent report, "The circa 1938 former
vaudeville movie house came gloriously back to life in 2013
following an estimated $13 million renovation and expansion to its
current 25,548-square-feet," and that, "The nonprofit State Theatre
Foundation, led by a volunteer board of directors, subsequently
took over ownership and management of the theater, which attracted
numerous national artists and hosted regional, state and local
acts. On Sept. 14, 2016, the board abruptly closed the 500-seat
theater -- with various shows already booked and scheduled -- due
to a lack of money to keep it open. Since then, the movie house has
sat empty in the center of town, a single light in the lobby the
only sign of life."

The Trustee may be reached at:

     Paul S. Bliley, Jr.
     Substitute Trustee and
     Agent for the Secured Party
     Williams Mullen, P.C.
     200 South 10th Street
     Richmond, Virginia 23218
     Tel: (804) 420-6448


STEWART DUDLEY: Sets Auction Procedures for OCH Vehicle Collection
------------------------------------------------------------------
Jeffery J. Hartley, the Chapter 11 Trustee for Stewart Ray Dudley,
asks the U.S. Bankruptcy Court for the Northern District of Alabama
to authorize the bidding procedures in connection with the sale of
all of the OCH Vehicle Collection by auction.

The Debtor, his family and affiliated entities, own or purportedly
own a collection of classic vehicles, some of which are stored and
displayed at the Old Car Heaven facility in Birmingham, Alabama.
He proposes to sell all of the OCH Vehicle Collection, subject to a
reservation of rights by those parties and entities that claim an
interest therein as to the ultimate distribution of the net auction
sales proceeds which will be subject to further order of the
Court.

Although there have been offers for some, but not all of the OCH
Vehicle Collection, no acceptable offer has made for the entire
collection.  Therefore, an auction for the entire OCH Vehicle
Collection is the best way to ensure that all of the vehicles are
marketed, presented to the buying public and liquidated for the
highest and best price.  In the Trustee's business judgment, the
sale of the OCH Vehicle Collection through an auction process is in
the best interest of the Debtor's estate and its creditors.

The material terms of the Auction Procedures are:

   a. Auction Date and Location: Dec. 2, 2017 at 8:00 a.m. local
time.  The location is the Old Car Heaven facility, 3501 First
Avenue South, Birmingham, Alabama.

   b. Auctioneer: The Auctioneer will be Tom Mack Classics, Inc.,
doing business as Tom Mack Auctions.  The Auctioneer's fee will be
a flat 15% of gross sales at the Auction.

   c. Interested Parties: The parties who may be interested in
purchasing any of the OCH Vehicle Collection should contact Tom
Mack Auctions, Tom Mack Classics, Inc., Post Office Box 327,
Prosperity, South Carolina; Telephone number -(803) 364-3322;
E-mail - tmack@tommackclassics.com.

   d. Absolute Auction: The vehicles will be sold at absolute
auction with no reserve prices.  The vehicles will be sold as is,
where is.  No vehicle will be sold prior to the Auction date.

   e. Successful Bids: In order to constitute a successful bid on
the day of the auction a bidder must present a certified or bank
check or wire transfer in the amount of 100% of the purchase price
as a consequence of the auction proceeding.  In the event the
highest bidder is not able to fund the sale on the day of the
auction, then the next highest bidder will be deemed the successful
purchaser assuming they can fully fund the transaction as
contemplated.

   f. No Successful Bid: If the Auctioneer receives no successful
bid on a particular vehicle, there will be no sale of that
particular vehicle on Dec. 2, 2017.

   g. Proceeds: All net proceeds (minus only the Auctioneer's fixed
15% commission) of the Auction will be held by the Trustee in trust
pending further order of the Court.

   h. Sale Order: For each vehicle sold from the OCH Vehicle
Collection the Trustee is authorized and directed to execute a
"Bill of Sale Pursuant to Court Order" specifically approving the
sale of each particular vehicle free and clear of all liens,
claims, encumbrances, and conveying all right, title and interest
to the respective successful bidder or its designee.

   i. Post Sale Hearing: As soon as is practicable following the
conclusion of the Auction, the Trustee will file a report with the
Court describing the Auction results including the amount each item
in the OCH Vehicle Collection sold for at the Auction.

The Trustee proposes that the deadline for objecting to approval of
the Auction will be Sept. 18, 2017 at 12:00 Noon (PCT).

The Trustee asks the Court to waive the 1-0day stay imposed by Fed.
R. Bankr. Proc. 6004(h).  Time is of the essence for the proposed
auction and corresponding sales to occur and assuring the seamless
transition to the vehicles' new owners.

A copy of the list of the vehicles to be auctioned attached to the
Motion is available for free at:

        http://bankrupt.com/misc/Stewart_Dudley_418_Sales.pdf

                  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.


TALLGRASS ENERGY: Moody's Rates Proposed $500MM Unsec. Notes Ba3
----------------------------------------------------------------
Moody's Investors Service assigned Ba3 rating to Tallgrass Energy
Partners, LP's (TEP) proposed $500 million senior unsecured notes
due 2028 and also upgraded the existing senior notes ratings to Ba3
from B1. Moody's also affirmed TEP's Ba2 Corporate Family Rating
(CFR) and Ba2-PD Probability of Default (PDR) rating. The
Speculative Grade Liquidity (SGL) Rating of SGL-3 was also
affirmed. The rating outlook is stable.

Concurrently, Moody's changed Rockies Express Pipeline LLC's (REX)
outlook to positive from stable, and affirmed the Ba2 CFR, Ba2-PD
PDR and Ba2 unsecured notes rating.

Debt List:

Assigned:

Issuer: Tallgrass Energy Partners, LP

  $500 million Senior Unsecured Notes due 2028, Assigned Ba3
(LGD5)

Upgraded:

Issuer: Tallgrass Energy Partners, LP

  $750 million Senior Unsecured Notes due 2024, Upgraded to Ba3
(LGD5) from B1 (LGD5)

Affirmed:

Issuer: Tallgrass Energy Partners, LP

-- Corporate Family Rating, Affirmed Ba2

-- Probability of Default Rating, Affirmed Ba2-PD

Speculative Grade Liquidity (SGL) Rating, Affirmed SGL-3

Issuer: Rockies Express Pipeline, LLC

-- Corporate Family Rating, Affirmed Ba2

-- Probability of Default Rating, Affirmed Ba2-PD

Senior Unsecured Regular Bond/Debenture, Affirmed Ba2 (LGD 4)

Outlook Actions:

Issuer: Tallgrass Energy Partners, LP

Outlook, Stable

Issuer: Rockies Express Pipeline, LLC

Outlook, Positive

"TEP's issuance of new notes is effectively a debt neutral
transaction as a substantial portion of the notes proceeds will be
used to paydown the borrowings under its Senior Secured Revolving
Credit Facility (RCF). Post the new notes issuance, TEP's $1.25
billion of outstanding senior unsecured notes, although
subordinated to TEP's RCF, constitute a higher proportion of the
total debt warranting only one notch difference between the CFR and
the notes rating," commented Sreedhar Kona, Moody's senior analyst.
"REX's outlook change is a reflection of cash flow enhancing events
over the past few quarters, including the completion of capacity
expansion project and the breach of contract claim settlement with
Ultra Resources Inc. (Ultra, B1 positive)."

RATINGS RATIONALE

TEP's $1.25 billion senior unsecured notes are rated Ba3, one notch
below the Ba2 CFR, in accordance with Moody's Loss Given Default
Methodology, reflecting the notes' effective subordination to the
$1.75 billion senior secured revolving credit facility (unrated).

REX's outlook change is precipitated by Moody's view of REX's
ability to maintain its post-2019 cashflows vis-a-vis its debt
burden and Moody's expectation of REX's repayment of its 2018
maturities. REX's leverage at the end of second quarter 2017 was
4.5x and based on REX's cashflow outlook until 2019, Moody's
expects REX to maintain the leverage at that level. However,
Moody's expectation that REX will repay the $550 million unsecured
notes due in 2018, should substantially lower REX's 2018 and 2019
leverage, and help the company maintain metrics comparable to a
high Ba rated entity beyond 2019. REX's repayment of 2018 notes
will also offset the company's potential escalation in leverage due
to post-2019 cashflow risk from the expiring contracts on its
west-to-east capacity. REX's ratings reflect its customer base,
which is almost entirely comprised of E&P companies, or
'supply-push' customers, that are directly exposed to commodity
prices. Additionally, REX's ratings are tempered by the credit
quality of the customer base--specifically, the east-to-west
customers, which are predominantly speculative-grade rated.

REX's senior unsecured notes are rated the same as the company's
Ba2 CFR. The $2.575 billion senior unsecured notes are at the same
level as the CFR because the company's long-term debt, which
includes a $150 million revolving credit facility, is all
unsecured.

REX's ratings could be upgraded if the debt/EBITDA ratio falls to
4x and appears sustainable beyond 2019 through a combination of
debt reduction and no material deterioration in customer credit
quality. REX's increase in financial leverage or a meaningful
decrease in interest coverage could lead to a ratings downgrade.
Debt/EBITDA sustained above 5x could result in downgrade.

TEP's Ba2 CFR reflects its predominantly interstate pipeline asset
base with cash flow from long-term firm transportation contracts,
earnings diversification with leverage comparable to peers. Pony
Express Pipeline (PONY) is positioned as a competitive crude oil
transportation option with access to Bakken Shale, DJ Basin and
Powder River Basin production as well as access to downstream
refineries and the Cushing oil storage hub. TEP's ownership in
Rockies Express Pipeline LLC (REX) adds to the EBITDA stability
given REX's contractual cash flow and access to natural gas supply
basins in the Appalachian and Rockies regions. TEP's ratings are
constrained by the reliance of PONY and REX on primarily
"supply-push" E&P customers, and some uncertainty around cash flow
post 2020, when a significant number of the PONY's transportation
contracts expire. The partnership's additional relatively small
acquisitions help diversify its cash flow modestly and enhance its
footprint in the Basins it currently operates. TEP's debt/EBITDA
(inclusive of REX's pro-rata share and Moody's standard
adjustments) ranges high 4x to low 5x from 2017-2019 under Moody's
forecasts, with the benefits of REX debt reduction offset by
additional debt at TEP. If the post-2020 contractual cashflow risk
is not further mitigated, this ratio would be close to 5x in 2019
due to a reduction in REX's cash flow and increase further to above
5x post-2020 due to the expiration of PONY's contracts.

TEP's stable outlook reflects Moody's expectation that TEP will
continue to generate steady cashflows supportive of its current
ratings.

Ratings could be considered for an upgrade if TEP can reduce the
debt to EBITDA ratio below 4.5x and that appears sustainable
post-2019. Ratings could be downgraded if TEP's debt to EBITDA
ratio is expected to rise above 5x and remain at that level on a
sustained basis or if there is significant deterioration in
customer credit quality.

The principal methodology used in TEP's ratings was Midstream
Energy published in May 2017. The principal methodology used in
REX's ratings was Natural Gas Pipelines published in November 2012.


TEP is a publicly traded master limited partnership providing crude
oil transportation, crude oil gathering, natural gas transportation
and storage, gathering and processing, and water business services
for customers in the Rocky Mountain, Appalachian and Midwest
regions of the United States.

REX owns a 1,712 mile interstate natural gas pipeline system that
reaches from the Rocky Mountains area of Wyoming and Colorado to
Ohio. REX is owned 49.99% by TEP REX Holdings, LLC, a subsidiary of
Tallgrass Energy Partners, LP (TEP), 25.01% by Rockies Express
Holdings, LLC, and a subsidiary of Tallgrass Development, LP
(TDEV), and 25% by P66REX LLC, a subsidiary of Phillips 66 (A3
negative).


TALLGRASS ENERGY: S&P Rates $500MM Senior Unsecured Notes 'BB+'
---------------------------------------------------------------
S&P Global Ratings assigned its 'BB+' issue-level rating and '3'
recovery rating to Tallgrass Energy Partners L.P. and Tallgrass
Energy Finance Corp.'s $500 million senior unsecured notes due
2028. The '3' recovery rating on the senior unsecured notes
indicates our expectation of meaningful (50% to 70%; rounded
estimate: 65%) recovery in the event of a payment default.

The partnership intends to use net proceeds of the offering to
repay outstanding borrowings under its revolving credit facility
and for general partnership purposes.

Tallgrass Energy Partners L.P. is a midstream energy partnership
with transportation, storage, terminal, water, gathering and
processing assets in the U.S. S&P's corporate credit rating on
Tallgrass is 'BB+', and the outlook is stable.

Ratings List

  Tallgrass Energy Partners L.P.
   Corporate Credit Rating                           BB+/Stable/--

  New Rating

  Tallgrass Energy Partners L.P.
  Tallgrass Energy Finance Corp.
   $500 mil sr unsec notes due 2027                  BB+
    Recovery Rating                                  3(65%)


TD MANUFACTURING: Retention of Dickensheet as Auctioneer Approved
-----------------------------------------------------------------
Judge Michael E. Romero of the U.S. Bankruptcy Court for the
District of Colorado authorized TD Manufacturing, LLC to (i) retain
and compensate Dickensheet & Associates, Inc. as Auctioneer and
(ii) sell by auction its unnecessary equipment.

Dickensheet is appointed as Auctioneer to the Debtor's estate.  The
Unnecessary Equipment of the estate will be sold by auction in the
manner set forth in the Motion.  Dickensheet will be compensated as
follows: 15% commission on gross sales of the Unnecessary Equipment
plus expenses associated therewith including costs of sale to
secure, transport, advertise, and store the Unnecessary Equipment.


The sale of the Unnecessary Equipment will be free and clear of all
liens, claim and encumbrances, liens and encumbrances to attach  to
the proceeds from the sale in the order of the priority of the
secured creditors.  Dickensheet may be paid from the proceeds from
the sale of the assets without further order of the Court.

The secured creditors with allowed claims encumbering the
Unnecessary Equipment may be paid from the proceeds of the sale in
their order of priority after all sale and closing costs are paid.

                   About TD Manufacturing LLC

Based in Greeley, Colorado, TD Manufacturing LLC --
http://www.t-dmanufacturing.com/-- operates a metal manufacturing
and powder coating shop that specializes in plasma table cutting,
welding, sand blasting, and powder coating.

TD Manufacturing sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Colo. Case No. 17-14243) on May 9, 2017.
The petition was signed by Luke Yockim, manager.  

At the time of the filing, the Debtor disclosed $286,671 in assets
and $1.40 million in liabilities.

The case is assigned to Judge Michael E. Romero.

Aaron A. Garber, Esq., at Buechler & Garber, LLC, serves as the
Debtor's bankruptcy counsel.


TEN-X LLC: S&P Assigns 'B' Corp Credit Rating & Stable Outlook
--------------------------------------------------------------
S&P Global Ratings assigned its 'B' corporate credit rating to
Irvine, Calif.-based Ten-X LLC and its ultimate parent Decade
Holding Co. Inc. The rating outlook is stable.

S&P said, "At the same time, we assigned our 'B' issue-level rating
to the company's proposed $45 million revolving credit facility due
2022 and $450 million first-lien term loan due 2024. The '3'
recovery rating indicates our expectation for meaningful (50%-70%;
rounded estimate 50%) recovery of principal in the event of a
payment default. We assigned a '6' recovery rating, indicating our
expectation for negligible recovery (0% to 10%; rounded estimate
0%), and 'CCC+' issue-level rating to its second-lien term loan due
2025.

"Our corporate credit ratings on Ten-X LLC and Decade Holding Co.
Inc. reflect their leading market position in distressed
residential real estate online auctions, good track record of
growing revenue and market share since 2011 despite consistent
annual declines in total distressed real estate inventories and
transactions, and the good user acceptance, transaction
transparency, and network scale of their e-commerce platform.
Furthermore, the ratings reflect the company's narrow business
focus and limited products and services offerings, high supplier
concentration, revenue dependency on cyclical and volatile levels
of distressed real estate inventories, and significant pro forma
leverage of over 7.0x.

"S&P Global Ratings' stable outlook on Ten-X LLC, and ultimate
parent Decade Holding Co. Inc., reflects our expectation that the
company's operating performance will improve by increasing market
share and expanding margins through operating leverage. We expect
liquidity to remain sufficient through 2018 and adjusted leverage
to decline to the mid-6x area by the end of 2018.

"We will likely lower our corporate credit ratings if the company's
operating performance deteriorates through fee compression or
market share loss, or if its investments in new lines of business
are unsuccessful resulting in free operating cash flow to debt
below 5%. We could also lower the ratings if management pursues
debt-financed acquisitions or special dividends to the financial
sponsor, thus increasing leverage.

"Although unlikely over the next 12 months, we could raise the
ratings if the company unexpectedly pursues a less aggressive
financial policy and is able to substantially grow market share,
and meaningfully diversify its revenue base by expanding its
nondistressed real estate suite of products and services."


TERRAVIA HOLDINGS: Files Notice of Successful Bids
--------------------------------------------------
BankruptcyData.com reported that TerraVia Holdings filed with the
U.S. Bankruptcy Court a notice of selection of successful bids and
alternative bids. The notice states, "Pursuant to the Bidding
Procedures Order, on September 11, 2017, the Debtors conducted an
Auction. In accordance with the Bidding Procedures Order, the
Debtors have (a) reviewed and evaluated each bid made at the
Auction on the basis of financial and contractual terms and other
factors relevant to the sale process, including those factors
affecting the speed and certainty of consummating the sale
transaction and (b) selected (i) the Stalking Horse Bid submitted
by the Stalking Horse Bidder for the purchase of the Purchased
Assets for a purchase price of $20 million plus the assumption of
certain liabilities as the Successful Bid with respect to the
Purchased Assets and (ii) the bid submitted by TCP Algenist LLC for
the purchase of the Algenist Equity for a purchase price of
$900,000 as the Successful Bid with respect to the Algenist Equity.
In addition, the Debtors selected (a) the bid submitted by Gruener
Ventures for the purchase of the IP Assets for a purchase price of
$3.2 million as the Alternate Bid with respect to the IP Assets,
(b) the bid submitted by Lawrence Johnson, a representative of the
Salim Group, for the purchase of the Peoria Facility for a purchase
price of $3.325 million as the Alternate Bid with respect to the
Peoria Facility and (c) the bid submitted by Gruener Ventures for
the purchase of the Algenist Equity for a purchase price of
$875,000 as the Alternate Bid with respect to the Algenist Equity."


A hearing to consider approval of the successful and alternate bids
is scheduled for September 15, 2017, according to
BankruptcyData.com.

                     About TerraVia

Headquartered in South San Francisco, California, TerraVia
Holdings, Inc. (NASDAQ:TVIA) -- http://www.terravia.com/-- is a
plant-based food, nutrition and specialty ingredients company that
harnesses the power of algae, the mother of all plants and earth's
original superfood.  TerraVia also manufactures a range of
specialty personal care ingredients for key strategic partners.

On Aug. 2, 2017, TerraVia Holdings, Inc., and its wholly owned U.S.
subsidiaries filed voluntary petitions under chapter 11 of title 11
of the United States Code (Bankr. D. Del. Lead Case No. 17-11655).
The subsidiary debtors in the Chapter 11 cases are Solazyme Brazil
LLC and Solazyme Manufacturing 1, LLC.

The Debtors sought bankruptcy protection after reaching a deal to
sell the assets to Corbion N.V. for $20 million in cash plus the
assumption of liabilities.

The Debtors hired Davis Polk & Wardwell LLP as their lead counsel
and Richards, Layton & Finger, P.A., as co-counsel.  Kurtzman
Carson Consultants LLC is the Debtors' claims agent.

No official committee of unsecured creditors has been appointed in
the Chapter 11 case.


TRUE RELIGION: Unsecureds to Get $2.5MM from Loan, 6% Shares
------------------------------------------------------------
True Religion Apparel, Inc., et al., filed with the U.S. Bankruptcy
Court for the District of Delaware a first amended joint Chapter 11
plan of reorganization (as modified) dated Aug. 23, 2017, which
provides that Class 5 General Unsecured Claims are impaired by the
Plan.

The Prepetition Second Lien Claims will be deemed Allowed General
Unsecured Claims in an aggregate principal amount of $85 million
plus accrued and unpaid interest, fees, expenses and other
obligations arising under the Prepetition Second Lien Loan
Agreement and the other Prepetition Second Lien Loan Documents.

Each holder of an Allowed General Unsecured Claim will receive its
pro rata share of the "Class 5 Default Consideration", consisting
of: (1) Reorganized First Lien Term Loans in the aggregate
principal amount of $2.5 million under the Reorganized First Lien
Term Loan Facility; (2) the number of Exchange Common Shares equal
to 6.0% of the maximum number of Exchange Common Shares
distributable under the Plan; and (3) Class A Warrants.

Only if Class 5 votes to accept the Plan, each holder of an Allowed
General Unsecured Claim will also receive the "Class 5 Consensual
Plan Consideration", consisting of: (1) its pro rata share of $1
million in cash; (2) its pro rata share of additional Reorganized
First Lien Term Loans in the aggregate principal amount of $2.0
million under the Reorganized First Lien Term Loan Facility;
provided, however, if any holder of an Allowed General Unsecured
Claim is a Class 5 Warrant Electing Holder, the holder will receive
the Class 5 Warrants for Debt Treatment with respect to its Class 5
Swapped Debt; and (3) the Class 5 Equity Cash Out Option.

If Class 5 votes to accept the Plan, each Eligible Allowed Class 5
Claim Holder will have the right to elect the Class 5 Plan
Consideration Cash Out Option.  Any Eligible Allowed Class 5 Claim
Holder that elects the Class 5 Plan Consideration Cash Out Option
shall not be permitted to exercise the Class 5 Equity Cash Out
Option (or if the holder so elects, the election will be deemed
null and void) and (y) the Class 5 Plan Consideration Cash Out
Option Funder will not be entitled to elect the Class 5 Equity Cash
Out Option on behalf of any Eligible Allowed Class 5 Claim Holder
that elects the Class 5 Plan Consideration Cash Out Option.

A copy of the First Amended Plan is available at:

           http://bankrupt.com/misc/deb17-11460-376.pdf

                  About True Religion Apparel

Manhattan Beach, California-based True Religion Apparel Inc.
designs and markets denim, sportswear and accessories for men,
women and children under the "True Religion" brand.  Founded by
Jeff Lubell in 2002, the Company sells its products through
wholesale and retail channels on six continents and through their
websites at http://www.truereligon.com/and
http://www.last-stitch.com/ As of July 5, 2017, the True Religion
Brand Jeans retailer had 140 True Religion and Last Stitch
brick-and-mortar stores.

The company has been controlled by TowerBrook Capital Partners
since its take-private transaction in July 2013.

True Religion and four affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 17-11460) on July 5, 2017, after
obtaining secured stakeholder support for a restructuring that
would reduce debt by over $350 million.

True Religion had $243.3 million in assets against $534.7 million
of liabilities as of Jan. 28, 2017.

The company's legal advisors include Wachtell Lipton Rosen & Katz
and Pachulski Stang Ziehl & Jones. Its financial advisor is MAEVA
Group, LLC.  Prime Clerk LLC is the claims and noticing agent.

The Ad Hoc Group of Unaffiliated Prepetition First and Second Lien
Lenders -- which signed the RSA -- tapped Akin Gump Strauss Hauer &
Feld LLP as counsel and Moelis & Company, LLP, as financial
advisor.

On July 12, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The Committee retained
Cooley LLP, as counsel, Province, Inc., as financial advisor.


VIKING CRUISES: Moody's Hikes Corporate Family Rating to B1
-----------------------------------------------------------
Moody's Investors Service upgraded the ratings of Viking Cruises
Ltd, including its Corporate Family Rating to B1 from B2, its
Probability of Default Rating to B1-PD from B2-PD, and its senior
unsecured rating to B3 from Caa1. The rating outlook is stable.

"The upgrade reflects Moody's view that strong growth in Viking's
Ocean segment, along with earnings improvement in its River
segment, will enable the company to reduce leverage to below 5.75x
and improve interest coverage to above 1.75x in 2018," stated Peter
Trombetta, an AVP-analyst at Moody's. "The addition of an ocean
vessel in early 2016 and 2017 helped drive earnings growth in that
segment which helped offset weakness in the River segment related
to pricing pressure and terrorism-related events in 2016," added
Trombetta. Viking has another ocean vessel being delivered in
October 2017 which will help drive higher revenue and profitability
in 2018.

Viking is in the process of launching $550 million in new unsecured
notes that will be used to refinance its $525 million unsecured
notes due 2022. The refinancing is expected to lower Viking's
interest burden and push out maturities. The rating on the 2022
notes will be withdrawn when the transaction closes and the notes
are tendered.

Upgrades:

Issuer: Viking Cruises Ltd

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

-- Corporate Family Rating, Upgraded to B1 from B2

-- Senior Unsecured Regular Bond/Debenture (Foreign Currency),
    Upgraded to B3 from Caa1

-- Senior Unsecured Regular Bond/Debenture (Foreign Currency),
    Upgraded to a range of LGD5, 86 % from a range of LGD5, 87 %

Assignments:

Issuer: Viking Cruises Ltd

-- Senior Unsecured Regular Bond/Debenture (Foreign Currency),
    Assigned B3

-- Senior Unsecured Regular Bond/Debenture (Foreign Currency),
    Assigned a range of LGD5, 86 %

Outlook Actions:

Issuer: Viking Cruises Ltd

-- Outlook, Remains Stable

RATINGS RATIONALE

Viking benefits from the company's well-recognized brand name in a
small market segment of the cruise industry -- river cruising --
and its early success at penetrating the ocean cruising market.
Viking estimates that it has nearly a 50% market share of the North
American sourced river cruise passengers. Viking entered the ocean
cruising segment of the industry with its first ship in 2015 and
has grown that segment which now accounts for about a third of
Viking's revenue and earnings. Viking's has good liquidity, Moody's
expects the company will maintain cash balances in excess of $500
million. However, Moody's note that the level of Viking's customer
deposits is significantly higher than its level of cash. Viking
also benefits from its good forward booking visibility and short
lead time to build new river vessels which allows Viking to adjust
river cruise capacity to demand trends.

Viking is constrained by its limited diversification both in terms
of geography and customer base and the cyclicality, seasonality,
and capital intensity inherent in the cruise industry. With only
three ocean ships operating as of September 2017, the company's
leverage will also rise above typical levels when it takes delivery
of a new ship, and will remain elevated until the ship generates a
full year of earnings.

The stable outlook reflects Moody's views that improved results in
the river segment and continued growth in its ocean segment will
help the company improve leverage to below 5.5x by the end of
2018.

Viking's ratings could be upgraded if the company's forward booking
curve continues to show the company is able to profitably absorb
new capacity in the ocean and river segments. An upgrade would also
require the company to show willingness and the ability to maintain
debt/EBITDA around 4.5x with EBITA/interest above 3.25x. A
downgrade could occur if the profitability deteriorated causing
leverage to remain above 5.75x and EBITA/interest expense were to
stay below 1.75x. Any deterioration in liquidity could also cause a
downgrade.

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

Viking Cruises Ltd operates a fleet of 56 river cruise vessels and
three ocean cruise vessels (with one to be delivered in September
2017). Its river cruises operate in 31 countries largely in
Continental Europe. About 90% of its ocean and cruise customers are
sourced from North America. TPG Capital and Canada Pension Plan
Investment Board own a minority interest (about 23% on a combined
basis) in Viking Holdings Ltd, parent company of Viking Cruises.
Net cruise revenues are about $1.1 billion.


VITAMIN WORLD: Case Summary & 30 Largest Unsecured Creditors
------------------------------------------------------------
Lead Debtor: Vitamin World, Inc.
             4320 Veterans Highway
             Holbrook, NY 11741

Type of Business: Headquartered in Holbrook, New York, Vitamin
                      World, et al. are specialty retailers in the
                      vitamins, minerals, herbs and supplements
                      market.  The Debtors offer customers
                      products across all major VMHS and sports
                      nutrition categories, including,
                      supplements, active nutrition, multiples,
                      letter vitamins, health and beauty, herbs,
                      minerals, food and specialty items.  The
                      Debtors source their ingredients from
                      business partners acrosss the United States.
                      The ingredients are used to create
                      supplements and are packed and distributed
                      to customers.  The Debtors are currently
                      operating out of four distribution centers
                      located in Holbrook, New York; Sparks,
                      Nevada; Riverside, California; and
                      Groveport, Ohio.  The Debtors are currently
                      operating approximately 334 retail stores  
                      that are mostly located in malls and outlet
                      centers across the United States and its
                      territories.  The Debtors also sell their
                      products online.  The Debtors employ  
                      1,478 active employees.  

                      Web site: http://www.vitaminworld.com

Chapter 11 Petition Date: September 11, 2017

Debtor affiliates that simultaneously filed Chapter 11 petitions:

      Debtor                                  Case No.
      ------                                  --------
      Vitamin World, Inc.                     17-11933
      VWRE Holdings, Inc.                     17-11934
      VW Interholdings, Inc.                  17-11935
      VW Online, Inc.                         17-11936
      Precision Engineered Limited (USA)      17-11937
      Vitamin World (V.I.), Inc.              17-11938
      Vitamin Depot, LLC                      17-11939
      Vitamin World of Guam, LLC              17-11940
      Nutrition Warehouse, Inc.               17-11941

Court: United States Bankruptcy Court
       District of Delaware (Delaware)

Debtors'
General
Bankruptcy
Counsel:              Peter A. Siddiqui, Esq.
                      Paige E. Barr, Esq.
                      Allison E. Thompson, Esq.
                      KATTEN MUCHIN ROSENMAN LLP
                      525 W. Monroe Street
                      Chicago, IL 60661
                      Tel: (312) 902-5200
                      Fax: (312) 902-1061
                      E-mail: peter.siddiqui@kattenlaw.com
                             paige.barr@kattenlaw.com
                             allison.thompson@kattenlaw.com

Debtors'
General
Bankruptcy
Co-Counsel:           Mark Minuti, Esq.
                      Monique B. DiSabatino, Esq.
                      SAUL EWING ARNSTEIN & LEHR LLP
                      1201 N. Market Street, Suite 2300
                      P.O. Box 1266
                      Wilmington, DE 19899
                      TeL: 302 421-6840
                      Fax: 302 421-5873
                      E-mail: mark.minuti@saul.com
                              monique.disabatino@saul.com

Debtors'
Real Estate
Advisors:             RETAIL CONSULTING SERVICES, INC.
                      DBA RCS REAL ESTATE ADVISORS

Debtors
Financial
Advisors:             RAS MANAGEMENT ADVISORS, LLC

Debtors'
Notice &
Claims  
Agent:                JND CORPORATE RESTRUCTURING
                      Website:
                      http://www.jndla.com/cases/vitaminworld

Vitamin World's Estimated Assets: $50 million to $100 million
Vitamin World's Estimated Debt: $10 million to $50 million

VWRE Holdings' Estimated Assets: $1 million to $10 million
VWRE Holdings' Estimated Debt: $1 million to $10 million

The petitions were signed by Frank Conley, chief financial officer.
Full-text copies of the petitions are available at:

         http://bankrupt.com/misc/deb17-11933.pdf
         http://bankrupt.com/misc/deb17-11934.pdf

Vitamin World, Inc.'s List of 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
The Nature's Bounty Co.              Trade,Loan       $21,529,139
Attn: Officer/Director
2100 Smithtown Avenue
Ronkonkoma, NY 11779

Robinson Pharma, Inc.                   Trade          $1,56_,204
Attn: Michael Nguyen
3330 S. Harbor Blvd
Santa Ana, CA
92704-6831
Tel: (714) 241-0235
Fax: (741) 751-6066
Email: Michael.nguyen@robinsonpharma.com

Visionet Systems Inc.                                    $921,184
Attn: Officer/Director
4 Cedarbrook Drive
Bldg. B
Cranbury, NJ 08512
Tel: (609) 452-0700
Fax: (609) 655-5232
Email: sales@visionetsystems.com

Avanade Inc.                                             $588,382
Attn: Officer/Director
818 Stewart Street
Suite 400
Seattle, WA 98101
Tel: (206) 239-5600
Fax: (206) 239-5605

Aetna Life Insurance Company                             $318,243
Attn: Officer/Director
151 Farmington Ave. Rt 21
Hartford, CR 06156
Tel: (860) 273-0123
Fax: (860) 273-6675

Garden of Life, LLC                     Trade            $247,937
Email: keyaccounts@gardenoflife.com

ADH Health Products, Inc.               Trade            $242,488
Email: PO@adhealth.com

Quest Nutrition                         Trade            $196,750
Email: mgodinez@questnutrition.com
       business&legalaffairs@questnutrition.com

Global Health Laboratories LLC          Trade            $183,544
Email: cmanzione@globalhealthlabs.com

New Chapter, Inc.                       Trade            $175,869
Email: Orders@newchapter.com

Fit & Fresh                             Trade            $146,856
Email: aspinard@fitandfresh.com

Unitrex Ltd.                            Trade            $131,164
Email: Alysha@sparoom.com

10th Lane Partners, LLC                                  $125,000

Lenny & Larry's, Inc.                   Trade            $119,887
Email: PO@lennylarry.com   

St. Onge Company                                         $106,485
Email: msingletary@stonge.com

4320 VMH Holbrook, LLC                  Lease            $103,188

Contract Pharmacal Corp.                Trade            $102,772

Basic Research LLC                      Trade             $87,943

Capax Global, LLC                                         $83,926

Irwin Naturals                          Trade             $78,655
Email: mmcs@irwinnaturals.com

Creative Bioscience                     Trade             $75,819
Email: billing@creativebioscience.com

I-Health, Inc.                          Trade             $74,111
Email: Tracking.ihealth@dsm.com

Nutrabolt Life Science                  Trade             $73,509
Email: orders@nutrabolt.com

Maximum Human Performance LLC           Trade             $71,336
Email: Justin.villella@reachyourmhp.com
       crigas@maxperformance.com

Google, Inc.                            Ecom              $65,191

Almased USA, Inc.                       Trade             $63,369
Email: purchaseorders@almased.com

Pervine Foods, LLC                      Trade             $63,075

Universal Laboratories                  Trade             $61,791
Email: judith@universalnutrition.com

Direct Digital LLC                      Trade             $60,061
Email: tom@directdigital.com

Prince of Peace Enterprises             Trade             $58,352
Email: Heidi@popus.com


VITAMIN WORLD: Enters Chapter 11, to Close 51 More Stores
---------------------------------------------------------
New owners of Vitamin World, Inc., the 334-store retailer of
vitamins, filed for Chapter 11 bankruptcy in Delaware on Sept. 12,
2017, to pursue a balance sheet restructuring and close at least 51
underperforming stores, in addition to the 45 stores that it has
already closed.

In February 2016, CLP VW Holdings, LLC, acquired Vitamin World
("Retail") and its subsidiaries from NBTY, Inc., a Delaware
corporation ("NBTY"). Included in the purchase consideration was
cash, a promissory note issued by VWRE Holdings, Inc. ("RE
Holdings), to NBTY in the original principal amount of $15,000,000
dated as of February 16, 2016 (the "Seller Note") and a warrant to
purchase shares of RE Holdings issued to NBTY.

Frank Conley, the CFO, relates that prior to the acquisition of the
Debtors by CLP, NBTY provided a wide range of services to the
Debtors, including human resources, finance, accounting,
information technology, warehousing and distribution, e-commerce
services, call center services, product data management services,
procurement and regulatory compliance, among others.  In addition
to these legacy services, the Debtors relied on NBTY for the supply
of the majority of their product.

The Debtors' business plan following their acquisition by CLP
acquisition was to separate from their dependence on NBTY for the
services and products.

To assist in this transition, NBTY and Retail entered into a
transition services agreement, supply agreement and a lease
agreement.

Retail and NBTY entered into the Transition Services Agreement,
dated as of February 16, 2016 and amended by that certain Amendment
No. 1 dated as of April 17, 2017, whereby NBTY agreed, among other
things, to provide a variety of services similar to the Legacy
Services to Debtors for various time periods post-acquisition.  As
a carve-out transaction, the Debtors were dependent on the
provision of services by NBTY for a transitional period until they
could acquire the ability to perform these functions directly or
outsource these functions to other services providers.  NBTY
continues to provide services under the TSA as of the Petition
Date.

Retail and NBTY entered into the Supply Agreement, dated as of
February 16, 2016 and as amended on August 10, 2016, for NBTY to
supply product to the Debtors during the post acquisition time
period.  As of the Petition Date, the Supply Agreement remains in
place.

Retail, as manager, and NBTY, as owner, entered into the Management
Agreement, dated as of February 16, 2016.  The Management Agreement
is a slightly misnamed agreement that provides for the Debtors'
ability to use and operate a retail location located in Bohemia,
New York.  The Bohemia Store is owned by NBTY.  Pursuant to the
Management Agreement, Retail manages and operates the Bohemia
Store.  Retail retains all revenues and receipts accruing from the
operation of the Bohemia Store as a management fee.

According to Mr. Conley, the Debtors have made great strides toward
completion of the transition from NBTY.

They have transitioned the Legacy Services from NBTY and are
prepared to reject the TSA as of October 31, 2017.

The Debtors are in the process of transferring their distribution
services from NBTY to other third party providers.  In connection
therewith, the Debtors are winding down their operations at the
Nevada and New York distribution centers, which were legacy NBTY
operations.  The Debtors' new distribution centers in California
and Ohio are entirely separate from NBTY and the Debtors intend to
solely operate out of these centers by the November 2017.

The Debtors have also either identified or qualified third party
manufacturers to supply all of their private label product needs
and replace Debtors need for product from NBTY.

The Debtors anticipate transition to these new manufacturers by
December 2017.

However, during this transition period, the Debtors experienced
significant supply chain and ingredient availability issues, which
contributed to Debtors' reduced liquidity.

The Debtors suffered significant lost sales a result of the
deficient ingredient supply.  The Debtors were also hurt by the
struggling retail market, above market rents and underperforming
retail stores.

In February 2016, the Debtors retained Retail Consulting Services
d/b/a RCS Real Estate Advisors ("RCS") to provide retail advisory
services, including reviewing Debtors' leases, identifying above
market rents, and assisting Debtors with negotiating new terms of
leases for underperforming retail stores.  The Debtors subsequently
closed 45 underperforming stores.  This effort resulted in over $2
million in EBITDA savings.

The Debtors have also identified at least 51 additional stores that
they intend to close during these Chapter 11 Cases. On September 8,
the Debtors began the process of selling down the inventory located
at these stores and intend to reject such leases as of September
30.

The Debtors are further evaluating the leases for additional
underperforming locations and will attempt to renegotiate the rent
thereunder. If those negotiations are unsuccessful, the Debtors
will be forced to reject those leases as well.

In August 2017, the Debtors hired RAS Management Advisors, LLC
("RAS") to assist them with reviewing:

     (a) the Debtors' 13-week cash flow forecasts, including the
extended cash flow forecast, and all underlying operational
assumptions, so as to evaluate the reasonableness of the Debtors'
cash flow forecast and related assumptions;

     (b) the Debtors' plans related to potential store closures and
related inventory sales and liquidation plans to assess the
reasonableness of such plans and implications on the Debtors' cash
flow projections; and

     (c) the Debtors' plans related to other potential
restructuring initiatives.

The Debtors have further retained RAS to assist them during these
Chapter 11 Cases to:

     (a) work with Debtors' Chief Financial Officer ("CFO") in the
management of all aspects of the Company's financial resources,
including cash management, the evaluation of the Company's
near-term cash and liquidity requirements,

     (b) oversee of the development of Debtors' financial
projections and related reporting (including Debtors' compliance
with reporting required by the US Trustee as part of the bankruptcy
filing), and

     (c) assist in the development of information that may be
required in support of any plan of reorganization.

The Debtors filed these Chapter 11 Cases to pursue a restructuring
of their balance sheets and operations and to address the above
market rents and underperforming retail stores.

                        Key Liabilities

As of the Petition Date, Debtors owe approximately $14.4 million in
principal plus accrued interest on a Secured Prepetition Debt and a
total of approximately $9.5 million on a Seller Note.

Prepetition, Retail was party to a Credit Agreement dated as of
Feb. 16, 2016, as amended, modified or supplemented (the
"Prepetition Credit Agreement"), by and between Retail, as
borrower, and Wells Fargo Bank, National Association, as agent
("Prepetition Agent") and lender, and the other lenders thereto,
("Prepetition Lenders"), whereby Prepetition Lenders made certain
loans and financial accommodations to Retail.  As of the close of
business on Sept. 8, 2017, Retail was liable to Prepetition Lenders
under the Prepetition Financing Documents, on account of "Committed
Loans" in the approximate aggregate principal amount of
$14,421,828.04 million, plus interest accrued and accruing at the
default rate, costs, expenses, fees.

In connection with the acquisition in 2016 from NBTY, RE Holdings
issued the Seller Note to NBTY.  The Seller Note is unsecured.  As
of the Petition Date, approximately $9.5 million was outstanding
under the Seller Note (the "Subordinated Debt").

In the ordinary course of business, Debtors source, order and
purchase inventory from their preferred suppliers on credit based
on standard industry terms. As of the Petition Date, the Debtors
owe approximately $19.7 million in trade debt.

                       About Vitamin World

Headquartered in Holbrook, New York, Vitamin World is a specialty
retailer in the vitamins, minerals, herbs and supplements market.
The Company offers customers products across all major VMHS and
sports nutrition categories, including, supplements, active
nutrition, multiples, letter vitamins, health and beauty, herbs,
minerals, food and specialty items.  Vitamin World is currently
operating out of four distribution centers located in Holbrook, New
York; Sparks, Nevada; Riverside, California; and Groveport, Ohio.
It is currently operating approximately 334 retail stores that are
mostly located in malls and outlet centers across the United States
and its territories.  Products are also sold online at
http://www.vitaminworld.com/ The Company has 1,478 active
employees.

Vitamin World Inc., VWRE Holdings, Inc. ("RE Holdings") and other
related entities sought Chapter 11 protection (Bankr. D. Del. Lead
Case No. 17-11933) on Sept. 11, 2017.

Katten Muchin Rosenman LLP is the Debtors' bankruptcy counsel. Saul
Ewing Arnstein & Lehr LLP is the co-counsel. Retail Consulting
Services, Inc., is the Debtors' real estate advisors.  RAS
Management Advisors, LLC, is the financial advisor.  JND Corporate
Restructuring is the claims and noticing agent and maintains the
case Web site http://www.jndla.com/cases/vitaminworld

Vitamin World estimated assets of $50 million to $100 million and
debt of $10 million to $50 million.


WRESTLER TAXI: Taps Trenk DiPasquale as Legal Counsel
-----------------------------------------------------
Wrestler Taxi LLC seeks approval from the U.S. Bankruptcy Court for
the District of New Jersey to hire Trenk, DiPasquale, Della Fera &
Sodono, P.C. as its legal counsel.

The firm will, among other things, advise the company and its
affiliates regarding their duties under the Bankruptcy Code;
negotiate with creditors; advise the Debtors regarding the sale of
their assets; and assist in the preparation of a Chapter 11 plan of
reorganization.

The firm's standard hourly rates range from $375 to $615 for
partners, $250 to $300 for associates, and $145 to $215 for
paralegals and legal assistants.  Law clerks charge $195 per hour.

Trenk DiPasquale was paid an initial retainer of $120,000, plus
$42,925 for the filing fees.

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

The firm can be reached through:

     Joseph J. DiPasquale, Esq.
     Thomas M. Walsh, Esq.
     Robert S. Roglieri, Esq.
     Trenk, DiPasquale, Della Fera & Sodono, P.C.
     347 Mount Pleasant Avenue, Suite 300
     West Orange, NJ 07052
     Phone: 973-243-8600
     Email: jdipasquale@trenklawfirm.com
     Email: twalsh@trenklawfirm.com
     Email: rroglieri@trenklawfirm.com

                    About Wrestler Taxi LLC

Wrestler Taxi LLC is a New York-based company in the taxi and
limousine service industry.  Wrestler Taxi and its affiliates
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
D.N.J. Lead Case No. 17-27436) on August 29, 2017.  Evgeny A.
Freidman, its managing member, signed the petition.

At the time of the filing, Wrestler Taxi disclosed that it had
estimated assets of less than $500,000 and liabilities of $1
million to $10 million.

Vincent F. Papalia presides over the cases.  The Debtors hired Cole
Schotz, P.C. and Fox Rothschild LLP as special litigation counsel.


WYNIT DISTRIBUTION: Files for Ch.11, Funds Expected for Unsecureds
------------------------------------------------------------------
Privately-held WYNIT Distribution and six affiliated debtors filed
for Chapter 11 protection (Bankr. D. Minn. Lead Case No. 17-42726).
The Company, which distributes technology products, is represented
by Robert T. Kugler of Stinson Leonard Street.  BankruptcyData.com
reports that according to documents filed with the Court, "Funds
will be available for distribution to unsecured creditors." In
August 2017, the Company announced, "Due to a number of unexpected
financial issues combined with a disappointing holiday selling
season, WYNIT Distribution LLC announced a reorganization today
that will close its Wholesale Distribution Division based locally."
WYNIT Distribution's Chapter 11 petition lists assets greater than
$100 million.


[^] Recent Small-Dollar & Individual Chapter 11 Filings
-------------------------------------------------------
In re Joel Darrell Thorbs and Kathi Denise Lang-Thorbs
   Bankr. M.D. Fla. Case No. 17-03049
      Chapter 11 Petition filed August 21, 2017
         Filed Pro Se

In re Irwin Roland Scarff, Sr.
   Bankr. D. Md. Case No. 17-21402
      Chapter 11 Petition filed August 24, 2017
         Filed Pro Se

In re Aguina Aguina
   Bankr. C.D. Cal. Case No. 17-17472
      Chapter 11 Petition filed September 5, 2017
         represented by: Leonard J. Cravens, Esq.
                         LAW OFFICES OF LEONARD CRAVENS
                         E-mail: cravenslawindio@gmail.com

In re Tommie J. Lingenfelter and Judith R. Lingenfelter
   Bankr. M.D. Ga. Case No. 17-51934
      Chapter 11 Petition filed September 5, 2017
         represented by: David L. Bury, Jr., Esq.
                         STONE & BAXTER, LLP
                         E-mail: dbury@stoneandbaxter.com

In re William Lee Gentry
   Bankr. N.D. Ga. Case No. 17-65615
      Chapter 11 Petition filed September 5, 2017
         represented by: Cameron M. McCord, Esq.
                         JONES & WALDEN, LLC
                         E-mail: cmccord@joneswalden.com

In re Helio E. Bernal and Zoila Bernal
   Bankr. N.D. Ga. Case No. 17-65617
      Chapter 11 Petition filed September 5, 2017
         represented by: David L. Bury, Jr., Esq.
                         STONE & BAXTER, LLP
                         E-mail: dbury@stoneandbaxter.com

In re Jasprit J. Singh
   Bankr. W.D.N.Y. Case No. 17-11858
      Chapter 11 Petition filed September 5, 2017
         represented by: Frederick J. Gawronski, Esq.
                         FREDERICK J. GAWRONSKI, PC
                         COLLIGAN LAW, LLP
                         E-mail: fgawronski@colliganlaw.com

In re Benjamin Rodriguez Gonzalez and Alicia Santiago Gonzalez
   Bankr. D.P.R. Case No. 17-06326
      Chapter 11 Petition filed September 5, 2017
         represented by: Mary Ann Gandia, Esq.
                         E-mail: gandialaw@gmail.com

In re John Ryan Bays
   Bankr. W.D. Wash. Case No. 17-13923
      Chapter 11 Petition filed September 5, 2017
         Filed Pro Se

In re Paula Prak Suhan
   Bankr. D. Md. Case No. 17-21922
      Chapter 11 Petition filed September 5, 2017
         Filed Pro Se

In re Bluff Creek Timber Co., LLC
   Bankr. N.D. Ala. Case No. 17-82652
      Chapter 11 Petition filed September 6, 2017
         See http://bankrupt.com/misc/alnb17-82652.pdf
         represented by: Tazewell Shepard, Esq.
                         TAZEWELL SHEPARD, P.C.
                         E-mail: taze@ssmattorneys.com

In re Sterling Real Estate Investments I, LLC
   Bankr. D. Ariz. Case No. 17-10459
      Chapter 11 Petition filed September 6, 2017
         See http://bankrupt.com/misc/azb17-10459.pdf
         Filed Pro Se

In re TCCB Investors, LLC
   Bankr. C.D. Cal. Case No. 17-13576
      Chapter 11 Petition filed September 6, 2017
         See http://bankrupt.com/misc/cacb17-13576.pdf
         represented by: Brian C. Andrews, Esq.
                         ANDREWS LAW GROUP
                         E-mail: elizabeth@briancandrews.com

In re Black Sheep Food Group, LLC
   Bankr. E.D.N.C. Case No. 17-04372
      Chapter 11 Petition filed September 6, 2017
         See http://bankrupt.com/misc/nceb17-04372.pdf
         represented by: William F. Braziel, III, Esq.
                         JANVIER LAW FIRM, PLLC
                         E-mail: bbraziel@janvierlaw.com

In re Talook Entertainment, LLC
   Bankr. M.D. Tenn. Case No. 17-06079
      Chapter 11 Petition filed September 6, 2017
         See http://bankrupt.com/misc/tnmb17-06079.pdf
         represented by: Christopher Mark Kerney, Esq.
                         KERNEY LAW OFFICE
                         E-mail: chris@kerneylaw.com

In re Douglas A. Larson
   Bankr. E.D. Wis. Case No. 17-28819
      Chapter 11 Petition filed September 7, 2017
         represented by: David B. Dodd, Esq.
                         DAVID DODD ATTORNEY AT LAW
                         E-mail: davidbdodd@gmail.com

In re Gaetano Business Trust
   Bankr. D. Haw. Case No. 17-00915
      Chapter 11 Petition filed September 7, 2017
         See http://bankrupt.com/misc/hib17-00915.pdf
         represented by: Ramon J. Ferrer, Esq.
                         LAW OFFICE OF RAMON J. FERRER
                         E-mail: ramonlawfirm@hotmail.com

In re KY Lube LLC
   Bankr. W.D. Ky. Case No. 17-32876
      Chapter 11 Petition filed September 7, 2017
         See http://bankrupt.com/misc/kywb17-32876.pdf
         represented by: William P. Harbison, Esq.
                         SEILLER WATERMAN LLC
                         E-mail: harbison@derbycitylaw.com

In re 492 Harvard Residential LLC
   Bankr. D. Mass. Case No. 17-13353
      Chapter 11 Petition filed September 7, 2017
         See http://bankrupt.com/misc/mab17-13353.pdf
         represented by: Michael Van Dam, Esq.
                         VAN DAM LAW LLP
                         E-mail: mvandam@vandamlawllp.com

In re Vim + Vigor LLC
   Bankr. D. Mass. Case No. 17-13370
      Chapter 11 Petition filed September 7, 2017
         See http://bankrupt.com/misc/mab17-13370.pdf
         Filed Pro Se

In re Eva Carolina Andrade
   Bankr. D. Nev. Case No. 17-14885
      Chapter 11 Petition filed September 7, 2017
         represented by: David A. Riggi, Esq.
                         E-mail: darnvbk@gmail.com

In re Feiyang Group LLC
   Bankr. E.D.N.Y. Case No. 17-44631
      Chapter 11 Petition filed September 7, 2017
         See http://bankrupt.com/misc/nyeb17-44631.pdf
         Filed Pro Se

In re AVON 8539 CORP.
   Bankr. E.D.N.Y. Case No. 17-44648
      Chapter 11 Petition filed September 7, 2017
         See http://bankrupt.com/misc/nyeb17-44648.pdf
         represented by: Karamvir Dahiya, Esq.
                         DAHIYA LAW OFFICES, LLC
                         E-mail: karam@bankruptcypundit.com

In re Karl B. Douglas
   Bankr. E.D.N.Y. Case No. 17-75424
      Chapter 11 Petition filed September 7, 2017
         represented by: Michael J. Macco, Esq.
                         MACCO & STERN LLP
                         E-mail: csmith@maccosternlaw.com

In re Rafael Brito LTD
   Bankr. S.D.N.Y. Case No. 17-12514
      Chapter 11 Petition filed September 7, 2017
         See http://bankrupt.com/misc/nysb17-12514.pdf
         Filed Pro Se

In re David P. Feldman
   Bankr. S.D.N.Y. Case No. 17-12519
      Chapter 11 Petition filed September 7, 2017
         represented by: Douglas J. Pick, Esq.
                         PICK & ZABICKI LLP
                         E-mail: dpick@picklaw.net

In re Q & D, Inc.
   Bankr. E.D. Pa. Case No. 17-16064
      Chapter 11 Petition filed September 7, 2017
         See http://bankrupt.com/misc/paeb17-16064.pdf
         represented by: Timothy Zearfoss, Esq.
                         LAW OFFICE OF TIMOTHY ZEARFOSS
                         E-mail: tzearfoss@aol.com

In re Philip Jay Fetner
   Bankr. E.D. Va. Case No. 17-13036
      Chapter 11 Petition filed September 7, 2017
         represented by: John T. Donelan, Esq.
                         LAW OFFICE OF JOHN T. DONELAN
                         E-mail: donelanlaw@gmail.com

In re NewDea Inc.
   Bankr. D. Colo. Case No. 17-18363
      Chapter 11 Petition filed September 8, 2017
         Filed Pro Se

In re Byung Mook Cho
   Bankr. D. Md. Case No. 17-22057
      Chapter 11 Petition filed September 8, 2017
         represented by: Michael Stephen Myers, Esq.
                         SCARLETT, CROLL & MYERS, P.A.
                         E-mail: mmyers@scarlettcroll.com

In re The New Belvedere Cleaners, Inc.
   Bankr. D. Md. Case No. 17-22058
      Chapter 11 Petition filed September 8, 2017
         See http://bankrupt.com/misc/mdb17-22058.pdf
         represented by: Michael Stephen Myers, Esq.
                         SCARLETT, CROLL & MYERS, P.A.
                         E-mail: mmyers@scarlettcroll.com

In re Genesis Total Healthcare, Inc.
   Bankr. E.D. Mich. Case No. 17-32058
      Chapter 11 Petition filed September 8, 2017
         See http://bankrupt.com/misc/mieb17-32058.pdf
         represented by: George E. Jacobs, Esq.
                         BANKRUPTCY LAW OFFICES
                         E-mail: george@bklawoffice.com

In re Ronald L. Boorstein
   Bankr. N.D. Ill. Case No. 17-26979
      Chapter 11 Petition filed September 8, 2017
         represented by: William J Factor, Esq.
                         THE LAW OFFICE OF WILLIAM J. FACTOR, LTD
                         E-mail: wfactor@wfactorlaw.com

In re Susanna Ankrah
   Bankr. D.N.J. Case No. 17-28351
      Chapter 11 Petition filed September 8, 2017
         Filed Pro Se

In re Van Doug Walker
   Bankr. E.D.N.Y. Case No. 17-44665
      Chapter 11 Petition filed September 8, 2017
         represented by: Gregory M. Messer, Esq.
                         LAW OFFICES OF GREGORY MESSER, PLLC
                         E-mail: gremesser@aol.com

In re Joshua Allen Bell
   Bankr. M.D. Tenn. Case No. 17-06121
      Chapter 11 Petition filed September 8, 2017
         represented by: Steven L. Lefkovitz, Esq.
                         LAW OFFICES LEFKOVITZ & LEFKOVITZ
                         E-mail: slefkovitz@lefkovitz.com

In re John F. McGowan
   Bankr. N.D. Cal. Case No. 17-42275
      Chapter 11 Petition filed September 11, 2017
         represented by: Mufthiha Sabaratnam, Esq.
                         SABARATNAM AND ASSOCIATES
                         E-mail: mufti@taxandbklaw.com

In re Immediate System Resources Incorporated
   Bankr. D. Md. Case No. 17-22166
      Chapter 11 Petition filed September 11, 2017
         See http://bankrupt.com/misc/mdb17-22166.pdf
         represented by: James L. Wiggins, Esq.
                         LAW OFFICE OF JAMES L. WIGGINS
                         E-mail: jlwigginsesq@verizon.net

In re Jon William Bouma and Sarian Sianna Bouma
   Bankr. D. Md. Case No. 17-22186
      Chapter 11 Petition filed September 11, 2017
         represented by: Rowena Nicole Nelson, Esq.
                         LAW OFFICE OF ROWENA N. NELSON, LLC
                         E-mail: rnelson@rnnlawmd.com

In re Legacy Transportation Inc.
   Bankr. N.D. Miss. Case No. 17-13385
      Chapter 11 Petition filed September 11, 2017
         See http://bankrupt.com/misc/msnb17-13385.pdf
         represented by: Gwendolyn Baptist-Rucker, Esq.
                         THE BAPTIST LAW FIRM PLLC
                         E-mail: sdonaldson78@gmail.com

In re Quintanilla Drywall, Inc.
   Bankr. M.D.N.C. Case No. 17-80740
      Chapter 11 Petition filed September 11, 2017
         See http://bankrupt.com/misc/ncmb17-80740.pdf
         represented by: Michelle Merck Walker, Esq.
                         PARRY TYNDALL WHITE
                         E-mail: mwalker@ptwfirm.com

In re Bhuiyan Cab Corp.
   Bankr. E.D.N.Y. Case No. 17-44693
      Chapter 11 Petition filed September 11, 2017
         See http://bankrupt.com/misc/nyeb17-44693.pdf
         represented by: Jacqueline A. St. John, Esq.
                         LAW OFFICES OF JACQUELINE A. ST. JOHN
                         E-mail: jacqueline@jstjohn.net

In re Yeshiva Chofetz Chaim, Inc.
   Bankr. S.D.N.Y. Case No. 17-23402
      Chapter 11 Petition filed September 11, 2017
         See http://bankrupt.com/misc/nysb17-23402.pdf
         represented by: Robert S. Lewis, Esq.
                         LAW OFFICE OF ROBERT S. LEWIS, PC
                         E-mail: robert.lewlaw1@gmail.com

In re JIYA Co.
   Bankr. W.D. Pa. Case No. 17-23651
      Chapter 11 Petition filed September 11, 2017
         See http://bankrupt.com/misc/pawb17-23651.pdf
         represented by: Jeffrey T. Morris, Esq.
                         ELLIOTT & DAVIS PC
                         E-mail: morris@elliott-davis.com

In re Marks, Inc.
   Bankr. W.D. Pa. Case No. 17-23657
      Chapter 11 Petition filed September 11, 2017
         See http://bankrupt.com/misc/pawb17-23657.pdf
         represented by: Robert O Lampl, Esq.
                         E-mail: rol@lampllaw.com

In re Tyga Barber Jennings
   Bankr. W.D. Va. Case No. 17-71222
      Chapter 11 Petition filed September 11, 2017
         Filed Pro Se


                            *********

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
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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.

                            *********

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Troubled Company Reporter is a daily newsletter co-published
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Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
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