TCR_Public/170930.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Saturday, September 30, 2017, Vol. 21, No. 272

                            Headlines

DON GREEN: $410K Sale of Property to Andrews Trust Okayed
IO METRO: Sale of Dallas Property Lease to Gilliland for $135K OK'd
LAWRENCE D. FROMELIUS: Sale of Lisle Vacant Lot for $60K Approved
PERFUMANIA HOLDINGS: Files Initial Monthly Operating Report
RICHARD SOLBERG: $375K Sale of Roseau Farm Estate Approved

SLUSS & RAY: Sale of Wichita Property to C&A Empire for $435K OK'd

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DON GREEN: $410K Sale of Property to Andrews Trust Okayed
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Judge Karen K. Specie of the U.S. Bankruptcy Court for the Northern
District of Florida authorized Donald R. Green and Don Green Farms,
Inc. to sell their interest in the real property  located at 97 SE
241st Street, Suwannee, Dixie County, Florida, parcel number
19-13-12-2994-0002-1940, to Janice H. Andrews Revoc. Trust for
$410,000.

A hearing on the Motion was held on Sept. 7, 2017.

The sale is free and clear of all liens, claims and encumbrances,
with all liens, claims and encumbrances to attach to the proceeds
of the sale to the same extent, validity and priority as such
existed as of the Petition Date.

The Court waived the time period established by F.R.B.P. 6004(g).
The Property may be sold immediately.

                     About Don Green Farms

Don Green Farms, Inc., filed a Chapter 11 petition (Bankr. N.D.
Fla. Case No. 16-10261) on Nov. 16, 2016.  The petition was signed
by Donald R. Green, president, whose Chapter 11 case (Bankr. N.D.
Fla. Case No. 16-10260) is jointly administered with that of his
company.

Don Green Farms is represented by Seldon J. Childers, Esq., at
ChildersLaw, LLC.  The company disclosed total assets of $13,987
and total liabilities of $3.95 million.

On May 4, 2017, the court conditionally approved the disclosure
statement, which explains the Debtors' proposed Chapter 11 plan.


IO METRO: Sale of Dallas Property Lease to Gilliland for $135K OK'd
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Judge Stacey G. C. Jernigan of the U.S. Bankruptcy Court for the
Northern District of Texas authorized I.O. Metro, LLC, doing
business as Erdos at Home (i) to sell its lease at 4531 McKinney
Ave., Dallas, Texas to landlord Gilliland Properties II, Ltd., for
$135,000; and (ii) to assume and assign all of its interests and
rights pursuant to or under the Lease to the Landlord.

The Sale Hearing was held on Sept. 25, 2017.

The Lease and all of the Debtor's rights or interests held pursuant
to or related to the Lease, will be transferred to Purchaser free
and clear of all Liens, with all such Liens, if any, to attach to
the net proceeds of the Sale.

The Lease is assumed and assigned and the Debtor is authorized and
directed to assign to the Purchaser the Lease.  The Debtor will not
have any liability for any obligations under the Lease upon and
after the entry of the Order.

The sale proceeds will be deposited into the Debtor's DIP Account.

Notwithstanding Bankruptcy Rules 6004(h) and 6006(d), the Order
will not be automatically stayed, but will be effective and
enforceable immediately upon the entry of the Order.

                         About I.O. Metro

I.O. Metro LLC, doing business as Erdos at Home, is a
privately-held retailer of consumer furniture with its headquarters
in Dallas, Texas.  It operates 13 retail outlets in seven states
and has one distribution center in Arkansas.

I.O. Metro sought bankruptcy protection (Bankr. N.D. Tex. Case No.
17-31607) on April 21, 2017.  Gregg Stewart, the CRO, signed the
petition.  The Debtor estimated total assets of $1 million to $10
million and total liabilities of $10 million to $50 million.

The Hon. Stacey G. Jernigan oversees the case.

The Debtor hired Shapiro Bieging Barber Otteson LLP and Saul Ewing
LLP as its counsel.


LAWRENCE D. FROMELIUS: Sale of Lisle Vacant Lot for $60K Approved
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Judge Donald R. Cassling of the U.S. Bankruptcy Court for the
Northern District of Illinois authorized Lawrence D. Fromelius'
sale of vacant lot known as Lot 10, Lisle Place, Lisle, Illinois to
Barriere Construction, LLC for $60,000.

The sale is free and clear of any interest.

The Order entered on Aug. 8, 2017, authorizing the Debtor to retain
properties is amended to include the sale of the Lisle Vacant Lot
and the broker is entitled to the commission referenced in the
brokerage agreement related to that order.

                     About Lawrence Fromelius

Lawrence D. Fromelius filed a Chapter 11 petition (Bankr. N.D. Ill.
Case No. 15-22373) on June 29, 2015.  The Debtor tapped William J.
Factor, Esq., Ariane Holtschlag, Esq., and Jeffrey K. Paulsen,
Esq., at FactorLaw, as counsel.

L. Fromelius Investment Properties LLC filed a Chapter 11 petition
(Bankr. N.D. Ill. Case No. 15-22943) on July 2, 2015, and Golden
Marina Causeway LLC filed for relief under Chapter 11 (Bankr. N.D.
Ill. Case No. 16-03587) on Feb. 5, 2016.

Mr. Fromelius is the sole member of Investment Properties.  He is
also the sale member of East Greenfield Investors LLC, which in
turn is the sole member of Golden Marina Causeway LLC.  On Nov. 24,
2015, Lawrence Fromelius filed his initial plan of reorganization
and on Dec. 1, 2016, Investment Properties filed its initial plan
of reorganization.  Both of the plans have been amended to
incorporate changes requested by creditors, including the Ann Marie
Barry Trust, which has filed a claim of approximately $6 million.
Currently, the Debtors and the Ann Marie Barry Trust are
negotiating the terms of a disclosure statement to accompany the
plans.

Golden Marina owns two parcels of real estate, located at 302 and
311 East Greenfield Avenue in Milwaukee, Wisconsin.  The parcel at
311 E. Greenfield consists of 47 acres and the smaller parcel at
302 E. Greenfield is approximately 1 acre.

On Aug. 8, 2017, the Court appointed At World Properties, LLC, as
Broker for the Debtor.


PERFUMANIA HOLDINGS: Files Initial Monthly Operating Report
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Perfumania Holdings, Inc., et al., filed an initial monthly
operating report on September 11, 2017.

The Debtors' Initial MOR includes a cash flow projection for the
13-week period covering the week ended September 2, 2017 through
the week ended November 25, 2017.

The Debtor projects total operating receipts to total $103.26
million for the 13-week period ended November 25.  Total operating
disbursements for the same period is projected at 129.67 million.

The Initial MOR also include a schedule of retainers paid to
professionals. Among the Debtors' bankruptcy professionals are
Carlton Fields LLC, Epiq Systems Acquisition Inc., and Gordon
Brothers Retail Partners, LLC.

A copy of the initial monthly operating report is available at:

                      https://is.gd/f9OeDK

                    About Perfumania Holdings

Perfumania Holdings, Inc. (NASDAQ: PERF) --
http://www.perfumaniaholdings.com/-- is a specialty retailer and
distributor of fragrances and related beauty products across the
United States.  Perfumania has a 30 year history of innovative
marketing and sales management, brand development, license sourcing
and wholesale distribution making it the premier destination for
fragrances and other beauty supplies.  The Company operates retail
stores and e-commerce specializing in the sale of fragrances and
related products across the United States, Puerto Rico, and the
U.S. Virgin Islands.  The Company also operates a wholesale
distribution network, selling to mass retail, department stores as
well as domestic and international distributors.

On Aug. 26, 2017, Model Reorg Acquisition, LLC and 18 affiliated
debtors, including perfumania Holdings, Inc., each filed voluntary
petitions in the United States Bankruptcy Court for the District of
Delaware seeking relief under chapter 11 of the United States
Bankruptcy Code.  The Debtors' cases are jointly administered for
procedural purposes under the case docket for Model Reorg
Acquisition, LLC (Bankr. D. Del. Case No. 17-11794).

Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal
counsel, Ankura Consulting Group, LLC is serving as financial
advisor, and Imperial Capital is serving as investment banker to
the Company.

The Skadden team includes Corporate Restructuring partners Lisa
Laukitis and J. Gregory Milmoe (Boston), and associates Raquelle
Kaye (Boston), Esther Adzhiashvili and AZ Biazar, as well as
Corporate Restructuring and Bankruptcy Litigation partner Anthony
Clark (Wilmington) and associate Cameron Fee (Wilmington); Banking
partner Sarah Ward and associates Emily Stork, Shan Song (Chicago)
and Katherine Webb; Tax partner Brian Krause and associate Joseph
Soltis; and Corporate partner Richard Grossman (New York).

Epiq Bankruptcy Solutions is the claims and noticing agent and
maintains the Web site http://dm.epiq11.com/perfumania




RICHARD SOLBERG: $375K Sale of Roseau Farm Estate Approved
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Judge Michael E. Ridgway of the U.S. Bankruptcy Court for the
District of Minnesota authorized Richard Solberg, doing business as
Solberg Farms, to sell 264 acres of farm real estate in Roseau
County, Minnesota, to the Nancy Toth Estate for $375,345.

A hearing on the Motion is set for Sept. 26, 2017 at 10:30 a.m.
The objection deadline is Sept. 24, 2017.

The sale is free and clear of liens and encumbrances including the
liens of various mortgagees, AXA Equitable and Bremer Bank.

The gross proceeds from the sale of the real estate will be applied
solely as follows:

   a. No real estate sales commissions will be paid.  No realtors
are involved;

   b. No more than $500 of the Debtor's real estate sale proceeds
will be applied to Solberg's share of the closing costs including
but not limited to Title Company closing the sale of the real
estate, updating the abstract, preparation of a warranty deed by
the Debtor, payment for any release of mortgages, and related
closing expense.  Any closing expenses in excess of $500 will be
paid by Debtor directly to the Title Company;

   c. Payment of all outstanding real estate taxes upon real estate
subject to the AXA Equitable real estate mortgage lien; and

   d. All remaining sale proceeds, hereinafter referred to as "net
sale proceeds" will be tendered to AXA Equitable to be applied
directly against the Debtor's obligation outstanding to AXA
Equitable secured by the real estate.  At this juncture, no real
estate sale proceeds will be applied to pay AXA's attorney's fees
incurred to date in this Chapter 11 bankruptcy proceeding.

The Debtor retains the rights to harvest the 2017 crops located
upon the real estate sold without any compensation to the Buyer.
The 2017 crops must be removed by Dec. 31, 2017.

Notwithstanding Fed. R. Bankr. P. 6004(h), the Order is effective
immediately.

                   About Richard Allen Solberg

Richard Allen Solberg is a small grain farmer who essentially farms
in Roseau County as well as some land in Lake of the Woods County.
He operates his farm known as Solberg Farms as a sole proprietor.
The Debtor is farming close to 7000 acres in northwestern
Minnesota.  The vast majority of the land is planted in soybeans
with several hundred acres of barley and canola.  

Mr. Solberg sought Chapter 11 protection (Bankr. D. Minn. Case No.
17-60495) on Aug. 11, 2017.  The Debtor tapped Kevin T. Duffy,
Esq., at Duffy Law Office, as counsel.


SLUSS & RAY: Sale of Wichita Property to C&A Empire for $435K OK'd
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Judge Dale L. Somers of the U.S. Bankruptcy Court for the District
of Kansas authorized Sluss & Ray, LLC's sale of interest in real
and personal property located at 2490 South Meridian Avenue,
Wichita, Kansas to C&A Empire, LLC for $435,037.

C&A will assume the indebtedness of Emprise Bank and the secured
indebtedness due Matt Hall, doing business as Hall Properties,
under a contract for deed, but free and clear of all other liens
and encumbrances.

The Debtor will assign franchise agreements and executory contracts
concerning the following: (i) AC Equipment Repair, 900 East
Indianapolis Street, Wichita, Kansas: (ii) First Data Merchant Svs,
4000 Coral Ridge DRC-230, Pompano Beach, Florida; (iii) JPRO, LLC,
John Profrazier, 11010 West 1st Court N, Wichita, Kansas; (iv)
Lease Consultants Corp., Box 71397, Clive, Iowa; (v) New Rapid of
Kansas, LLC, 1223 North Rock Road, Wichita, Kansas; and (vi)
Register Tape Network/Adcart, P.O. Box 204277, Dallas, Texas.

The Franchise Agreement that Debtor Chad Raymond holds with AAMCO
Transmission, Inc., will be retained by him, and will not be
assigned to C&A Empire.  The terms and conditions of the Asset
Purchase Agreement and Order Approving Bid Procedures control the
Order.

The Purchaser will additionally be required for the payment of any
title insurance expenses, closing costs, recording fees and other
documents of transfer.

                        About Sluss & Ray

Sluss & Ray LLC, which conducts business under the names Amaco, C &
M Empire LLC, Aamcot LLC, and CCWRW LLC, operates three AAMCO
franchise transmission shops in Wichita, Kansas.

Sluss & Ray filed a Chapter 11 petition (Bankr. D. Kan. Case No.
17-10301) on March 9, 2017, disclosing $86,340 in total assets and
$1.22 million in total liabilities.  Chad Raymond, owner, signed
the petition.  

The case is jointly administered with Mr. Raymond's individual
Chapter 11 case (Bankr. D. Kan. Case No. 17-10313) filed on March
10, 2017.  

Judge Dale L. Somers presides over the cases.

The Debtors are represented by Edward J. Nazar, Esq., at Hinkle Law
Firm, L.L.C.


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