TCR_Public/171006.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Friday, October 6, 2017, Vol. 21, No. 278

                            Headlines

1325 VIRGINIA: U.S. Trustee Unable to Appoint Committee
135 WEST 13: Plan Outline OK'd, Plan Hearing on Nov. 15
99 CENTS: Moody's Lowers Probability Default Rating to Ca-PD
A & A OF MARION: U.S. Trustee Unable to Appoint Committee
ADPT DFW: Reorganization Plan Declared Effective on Oct. 2

ADPT DFW: Substantive Consolidation Under Plan Best Utilizes Assets
ADVANTAGE ENERGY: Loretta Cross Agrees to Serve as Ch. 11 Trustee
AGAIA INC: Case Summary & 20 Largest Unsecured Creditors
AGCO CORP: S&P Lowers $300MM Senior Unsecured Notes Rating to BB+
ALABAMA PARTNERS: Has Court's Nod to Use Cash Collateral

ALL STAR MEDICAL: May Continue Using Cash Collateral
ALLIANCE ONE: Reaffirms Guidance for Fiscal 2018
ALTA MESA: Expects to Close Silver Run Transaction by December
ANGELICA CORP: 3rd Amended Plan Declared Effective on Sept. 30
ANTHONY TSIKOURIS: Sale of Hobart Property for $425K Approved

APPVION INC: Bankruptcy Court Approves Ch.11 First Day Motions
APPVION INC: Oct. 11 Meeting Set to Form Creditors' Panel
ATHLETIC COMMUNITY: Wants to Use Cash Collateral Through March 2018
AYTU BIOSCIENCE: Files Pro Forma Balance Sheet as of June 30
B & B METALS: Unsecureds to Recoup 21.681% in 10 Years

B N EMPIRE: Hires Johnson Pope as Counsel
BEAR FIGUEROA: Proposes $2.43 Million Refinancing Loan
BERNARD L. MADOFF: Brown Rudnick Secures Major Victory for Sentry
BILL BARRETT: Updates 2017 Operating Guidance
BLUE BEE: Seeks Permission to Continue Cash Use Until Jan. 20

BMC TRANSPORTATION: Seeks Authorization to Use Cash Collateral
BOSS REAL ESTATE: Hearing on Plan Outline Approval Set for Dec. 6
BOWLIN FUNERAL: Wants to Use Commerce Bank Cash Collateral
BREITBURN ENERGY: Committee Seeks Termination of Exclusivity
BRIAR HILL: Receiver Beyond Scope of Bankr. Court Authority

BRINK'S CO: S&P Lowers Corp. Credit Rating to 'BB+', Outlook Stable
BRUGNARA PROPERTIES: Unsecureds To Be Paid in Full in 60 Days
CADIZ INC: Agrees to Settle Dispute with MSD Master for $3.3M
CAROLINA MOLD: Allowed to Use Cash to Defray October 2017 Expenses
CASHMAN EQPT: Oct. 11 Non-Evidentiary Hearing on Sale of Vessels

CATALENT PHARMA: Moody's Rates New Secured Loans 'Ba3'
CB URS HOLDINGS: S&P Assigns B Corp. Credit Rating, Outlook Stable
CHIRAG PATEL: S. Patel Seeks Appointment of Chapter 11 Trustee
CIBER INC: Nov. 15 Liquidation Plan Confirmation Hearing
CIRCLE Z: Selling Pump Units 102, 107 and 108

COLORADO PROPERTY: U.S. Trustee Unable to Appoint Committee
COMPARK BUSINESS: S&P Rates 2017 GO Refunding Bonds 'BB+'
CONFIRMATRIX LABORATORY: Can Use Cash Collateral Until March 2018
CONSOLIDATED AEROSPACE: Moody's Affirms B3 Corporate Family Rating
CONSTELLATION ENTERPRISES: Case Converted Into Ch. 7 Proceeding

CONSTRUTORA E INCORPORADORA: Chapter 15 Case Summary
CONTEXTMEDIA HEALTH: S&P Alters Outlook to Neg. & Affirms 'B-' CCR
CROCKETT COGENERATION: S&P Cuts $295MM Secured Notes Rating to BB+
CROSSROADS SYSTEMS: Completes Reorganization, Reports Q3 Results
CUSTOM FLATBED: Hires Thompson Accounting as Accountant

ENERGY FUTURE: Court to Review NextEra Termination Fee Order
ENVIVA PARTNERS: Fitch Assigns BB- First Time IDR; Outlook Stable
ERC TOPCO: S&P Assigns 'B-' Corp Credit Rating, Outlook Stable
ERIK SAMUEL DE JONG: Court Reduces Landlord's Claim to $240K
EXCHANGE AVENUE: Case Summary & 17 Largest Unsecured Creditors

FIREHOUSE RIBS: U.S. Trustee Unable to Appoint Committee
FIRST DATA: Fitch Affirms B+ LongTerm Issuer Default Rating
FIRST FLIGHT: Can Continue Using WF Cash Collateral Until Nov. 30
FUNCTION(X) INC: Bump Digital Will Manage Facebook Pages
FUNCTION(X) INC: Mitchell Nelson Resigns from All Positions

G.E.M. HOLDINGS: Case Summary & Largest Unsecured Creditors
GALVESTON BAY PROPERTIES: Hires Mercer as Bankruptcy Counsel
GIBSON ENERGY: S&P Affirms 'BB' Rating on Announced Refinancing
GILDED AGE: Requires Access to Cash for October 2017 Expenses
GREAT BASIN: Jeffrey Rona Quits as Chief Financial Officer

GST AUTOLEATHER: Business as Usual While in Chapter 11
GST AUTOLEATHER: Case Summary & 30 Largest Unsecured Creditors
GST AUTOLEATHER: To Sell to Lenders Absent Viable Offer
GULFMARK OFFSHORE: Hughes Hubbard Advises DNB in Exit Financing
GV HOSPITAL: PCO Submits Third Interim Report

GYMBOREE CORP: Taps Deloitte & Touche for Fresh Start Accounting
HAMPSHIRE GROUP: Disclosures Approved, Plan Confirmed
HARRINGTON & KING: Court Extends Cash Collateral Use Until Oct. 13
HELLO NEWMAN: $300,000 in Financing From Admar Investments OK'd
HILTZ WASTE DISPOSAL: Trustee Can Continue Using Cash Until Oct. 24

HJR LLC: Old National Bank Seeks to Prohibit Cash Collateral Use
HOLOGIC INC: Moody's Rates New $350MM Senior Unsecured Bonds Ba3
HOLOGIC INC: Moody's Rates New $3BB Senior Credit Facility Ba1
HOLOGIC INC: S&P Rates New $350MM Senior Unsecured Notes 'BB-'
HUMMEL STATION: S&P Affirms 'BB-' Rating on Sr. Secured Term Loan B

IRONCLAD PERFORMANCE: Court Approves Sale Bid Procedures
ITUS CORP: Regains Compliance with NASDAQ Listing Requirement
LANE FAMILY: Wants to Use Cash Collateral Through Dec. 31
LEXINGTON HOSPITALITY: Allowed to Use Cash Collateral Until Oct. 19
LINCOLN JAMES: Reaches Deal With Bank on Cash Use

LTD MANAGEMENT: Allowed to Use Up to $7,931 Cash Through Nov. 30
MARINA BIOTECH: Stefan Loren Quits from Board of Directors
MERCYHURST UNIVERSITY: S&P Cuts Rating on Outstanding Bonds to BB+
MESOBLAST LIMITED: Clinical Trial of MPC Therapy Ends Enrollment
MICHAEL JOSEPH KILROY: Blocking Public Access to Papers Unwarranted

MIDWEST ASPHALT: Cash Collateral Use Extended Until Oct. 31
MONAKER GROUP: Mark Wilton Reports 13.1% Stake as of Oct. 2
MRO HOLDINGS: Moody's Assigns B2 CFR; Outlook Stable
MRO HOLDINGS: S&P Assigns 'B+' Corp Credit Rating, Outlook Stable
NAVICURE INC: S&P Assigns 'B-' CCR Amid ZirMed Deal

NORALTA LODGE: S&P Affirms Then Withdraws CCR Amid Notes Redemption
NORTHERN CAPITAL: Hires Gates O'Doherty Gonter & Guy as Counsel
OL FRESH LLC: Can Continue Using PUB Cash Collateral Until Nov. 21
OMINTO INC: Appoints Friedman LLP as New Audit Firm
P3 FOODS: Allowed to Continue Using PNC Cash Until Nov. 7

PADCO PRESSURE: DOJ Watchdog Names J. Luster as Chapter 11 Trustee
PARADOCS PROPERTIES: W Equities Seeks to Bar Use of Cash Collateral
PEORIA REGIONAL: Voluntary Chapter 11 Case Summary
PERFUMANIA HOLDINGS: Landlords Object to Plan & Disclosures
PLASTIPAK HOLDINGS: Moody's Rates Sr. Unsecured Bonds Due 2025 'B3'

PLAZA BROADWAY: Hires Quilling Selander Lownds as Counsel
PRODUCTION PATTERN: Needs Access to Cash Until December 2017
QUALITY CARE: S&P Lowers CCR to B- on Near-Term Covenant Pressure
REBUILTCARS CORP: Court Signs 6th Interim Order on Cash Use
REBUILTCARS CORP: Has Interim Nod to Use Cash Until Oct. 31

RENNOVA HEALTH: Issues 1.75 Million Series F Preferred Stock
S&F MEAT: Taps Bochetto & Lentz as Special Counsel
SAMARITAN COMMUNITY: Hires Porter Law Network as Attorney
SCIENTIFIC GAMES: Prices Private Offering of $350 Million Notes
SE PROFESSIONALS: Can Continue Using Cash Collateral Until Nov. 18

SEADRILL LIMITED: Directors Taps Baker Tilly as Financial Advisor
SEADRILL LIMITED: Hires Skadden Arps as Special Counsel
SEADRILL LIMITED: Taps Houlihan Lokey as Financial Advisor
SEADRILL LIMITED: Taps KPMG as Tax Consultant
SEADRILL LIMITED: Taps PwC UK as Independent Auditor

SEARS CANADA: To Choose Between Chairman's Bid and Liquidation
SERENITY HOMECARE: Narvaez Buying 2014 Chevrolet Truck for $16K
SHADRACH MESHACH: Amends Plan to Provide More Info on Asset Sale
SHADRACH MESHACH: Plan Outline Okayed, Plan Hearing on Nov. 3
SOUTHWORTH COMPANY: Wants Authority to Use Cash Collateral

SUCCESS INC: Has Final OK To Use Cash Collateral Through Oct. 31
SUNEDISON INC: Court Approves Transition Deals with TERP, GLBL
SUNVALLEY SOLAR: Board Okays 2017 Equity Incentive Plan
SUNVALLEY SOLAR: Henry Yu Quits from Board of Directors
TAKATA CORP: Says on Track to Meet Feb. 2018 Deadline to Close Sale

THERMAGEM LLC: Mercantil Seeks Appointment of Chapter 11 Trustee
TRANSOCEAN INC: Moody's Rates Proposed $750MM Sr. Unsec. Notes B1
TRANSOCEAN INC: S&P Cut Corp Credit Rating to B, Outlook Negative
UNI-PIXEL INC: Future Tech Buying All Assets for $1.5 Million
UNI-PIXEL INC: U.S. Trustee Forms Three-Member Committee

URS MERGER: Moody's Assigns First Time B2 CFR; Outlook Stable
VANTAGE SPECIALTY: S&P Affirms B- CCR Amid HIG Capital Acquisition
ZEO HEALTH: Hires K&L Gates as Litigation Counsel
ZETTA JET: Interim Cash Use Until Oct. 5 Approved
[*] McDonald Hopkins Elects Four Attorneys to Firm's Membership

[*] Patrick Trostle Joins Thompson & Knight's Bankruptcy Practice
[*] Richard Levin Named Collier on Bankruptcy Co-Editor-in-Chief
[] Goodwin Elects 12 New Partners to Firm's Partnership
[^] BOOK REVIEW: Oil Business in Latin America: The Early Years

                            *********

1325 VIRGINIA: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of 1325 Virginia Street, LLC.

               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.Va. Case No. 17-20457) on Sept. 5, 2017.  Jonathan
Cavendish, 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.

Judge Frank W. Volk presides over the case.


135 WEST 13: Plan Outline OK'd, Plan Hearing on Nov. 15
-------------------------------------------------------
135 West 13 LLC is now a step closer to emerging from Chapter 11
protection after a bankruptcy court approved the outline of its
plan of reorganization.

The U.S. Bankruptcy Court for the Southern District of New York on
Oct. 2 gave the thumbs-up to the disclosure statement, allowing the
company to start soliciting votes from creditors.

A court hearing to consider confirmation of the plan is scheduled
for Nov. 15, at 11:00 a.m.  The hearing will take place at
Courtroom 701.

Under the restructuring plan, each creditor holding a Class 5
general unsecured claim will receive a pro-rata distribution of the
cash remaining in the "plan fund" up to the allowed amount of its
claim, plus interest.  Class 5 is impaired and unsecured creditors
are entitled to vote to accept or reject the plan, according to 135
West's latest plan filed on Sept. 28.

A copy of the first amended plan is available for free at
http://bankrupt.com/misc/nysb17-11371-63.pdf

                     About 135 West 13 LLC

135 West 13 LLC owns and operates two residential properties
located at 133 West 13th Street and 135 West 13th Street, New York,
New York.  The properties are multi-family residential rental
properties with a mix of rent stabilized and non-rent stabilized
units.  The properties contain a total of 12 units.

The Debtor filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y.
Case No. 17-11371) on May 17, 2017. The petition was signed by Max
Dolgicer, member.  The Debtor disclosed total assets of $15.02
million and total liabilities of $13.34 million.

Fred B. Ringel, Esq. at Robinson Brog Leinwand Greene Genovese &
Gluck, PC, represents the Debtor as bankruptcy counsel.  James E.
Schwartz, Esq. at Cyruli Shanks Hart & Zizmor, LLP, is the Debtor's
special counsel.

No trustee, examiner or creditors committee has been appointed.


99 CENTS: Moody's Lowers Probability Default Rating to Ca-PD
------------------------------------------------------------
Moody's Investors Service stated that if the amendment of the
senior secured Term Loan announced by 99 Cents Only LLC on
September 19, 2017 proceeds as outlined, it will constitute a
distressed exchange, which is an event of default under Moody's
definition of default. As a result, Moody's downgraded the
company's Probability of Default rating to Ca-PD from Caa1-PD and
affirmed its Corporate Family Rating at Caa1. Moody's also affirmed
the Caa3 rating of the senior unsecured notes maturing December
2019 and the Caa1 rating of the senior secured term loan maturing
January 2019. Additionally Moody's also downgraded the company's
speculative grade liquidity rating to SGL-4 from SGL-3 pending the
closing of the amendment. Moody's expects to upgrade the PDR to
Caa1-PD/LD upon the closing of the amendment. Subsequently the LD
designation will be removed after three business days. The rating
outlook is changed to negative from stable.

"Although the company's proposed amendment will go a long way to
ease immediate liquidity pressures as it takes one meaningful
maturity off the table until 2022, liquidity will remain
constrained as the company has $250 million notes maturing in
December 2019," stated Moody's Vice President Mickey Chadha.
"Moody's acknowledge the meaningful improvement in company's
operating performance but there is still uncertainty surrounding
the company's ability to deal with its 2019 debt maturities, hence
the negative outlook", Chadha added.

Downgrades:

Issuer: 99 Cents Only Stores LLC

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

-- Speculative Grade Liquidity Rating, Downgraded to SGL-4 from
    SGL-3

Outlook Actions:

Issuer: 99 Cents Only Stores LLC

-- Outlook, Revised to Negative from Stable

Affirmations:

Issuer: 99 Cents Only Stores LLC

-- Corporate Family Rating, Affirmed Caa1

-- Senior Secured Bank Credit Facility, Affirmed Caa1(LGD3)

-- Senior Unsecured Regular Bond/Debenture, Affirmed Caa3(LGD5)

RATINGS RATIONALE

The Caa1 Corporate Family Rating reflects Moody's expectations that
the proposed amendment will extend the maturity of the company's
term loan and the company will continue to improve operating
performance and EBITDA. The rating also reflects 99¢ Only Stores'
weak credit metrics, geographic concentration in California and the
intense competitive business environment in its core markets.
Despite Moody's expectation of improvement in credit metrics from
current levels, leverage will still be high with debt/EBITDA
(including lease adjustments) expected to be around 8.0 times and
EBIT/interest expected to be below 1.0 time in the next 12 months.
The company's new management team has seen success in implementing
a turnaround strategy which includes improved inventory and shrink
management, and improved efficiencies including new third party
distributor relationships. Management has also started to upgrade
the company's store base to enhance the customer experience and has
already installed a perpetual inventory system to better manage
inventory levels. The improvement in operations has been evident in
the positive same store sales growth for the last four quarters and
improved profitability. The improvements in working capital and top
line growth will also result in modest positive free cash flow in
the next 12 months. Other rating factors include the company's weak
liquidity pending the extension of the term loan maturity, its
current unsustainable capital structure and the positive growth
prospects for the dollar store sector which benefits from
affordable, low price points and relative resistance to economic
cycles.

The negative outlook reflects the uncertainty surrounding the
company's ability to amend and extend its term loan and refinance
its the senior notes such that the company's capital structure is
more sustainable.

Ratings could be downgraded if the company does not refinance its
debt maturing in 2019 well in advance of its maturity or credit
metrics do not improve from current levels. Any change in the
company's financial policies, could also result in a downgrade.

Given the weak credit metrics a ratings upgrade is unlikely in the
near-term. Ratings could be upgraded should 99¢ Only Stores'
earnings grow such that debt to EBITDA approaches 7.0 times and
free cash flow is positive, and the company refinances its debt
maturing in 2019 well in advance of its maturity. A ratings upgrade
would also require adequate liquidity and financial policies which
would support leverage remaining at its improved levels.

99¢ Only Stores LLC is controlled by affiliates of Ares Management
and Canada Pension Plan Investment Board. As of September 7, 2017,
the Company operated 391 retail stores in California, Texas,
Arizona, and Nevada. Revenues are about $2.0 billion.

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


A & A OF MARION: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 cases of A & A of Marion County, LLC,
and G & S of Marion County, LLC, as of Sept. 28, according to a
court docket.

                  About A & A of Marion County

A & A of Marion County, LLC, is the registered owner of a fee
simple interest in a property located at 7360 SW Highway 200,
Ocala, Florida, which is valued at $600,000.   Meanwhile, G & S of
Marion County, LLC, owns a fee simple interest in a property
located at 7350 SW Highway 200, Ocala, which is valued at
$600,000.

The Debtors sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. M.D. Fla. Case Nos. 17-02959 and 17-02960) on Aug. 14,
2017.  Dr. Ganesh D. Arora, managing member, signed the petition.


At the time of the filing, the Debtors disclosed $600,000 in assets
and $4.3 million in liabilities.

Judge Jerry A. Funk presides over the case.


ADPT DFW: Reorganization Plan Declared Effective on Oct. 2
----------------------------------------------------------
The Third Amended Joint Plan of Reorganization of ADPT DFW Holdings
LLC, et al., has been consummated and the effective date occurred
on Oct. 2, 2017.

The Plan was confirmed on Sept. 29, 2017, by the U.S. Bankruptcy
Court for the Northern District of Texas.

BankruptcyData.com related that "The Plan contemplates to provide
for the establishment on the Effective Date of the Liquidation
Trust for the primary purpose of administering and liquidating the
Trust Assets.  On the Effective Date, all Assets of the Debtors'
Estates, including, but not limited to, Causes of Action, any
recoveries related to the issuance of the Bond and the related
letter of credit draw, certain accounts receivable, and cash, will
vest in the Liquidation Trust."  The report continues, "All
Interests in the Debtors will be cancelled, and the Holders of
Class 3 Interests will not be entitled to, and will not receive or
retain, any property on account of such Interests under the Plan."


                   About ADPT DFW Holdings

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

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

Judge Stacey G. Jernigan presides over the cases.

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

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

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

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


ADPT DFW: Substantive Consolidation Under Plan Best Utilizes Assets
-------------------------------------------------------------------
On Sept. 26-27, 2017, the U.S. Bankruptcy Court for the Northern
District of Texas held a hearing to consider confirmation of
Debtors ADPT DFW Holdings LLC, et al.'s Third Amended Joint Plan of
Reorganization, as modified by certain Plan Supplements and
modifications in the record.  After hearing numerous witnesses and
considering hundreds of documents submitted into evidence, the
court decided to confirm the Plan.

The Court's Memorandum Opinion pertains solely to the substantive
consolidation proposed in the Plan, to which an objection was
lodged and overruled.

As a result of the Debtors' integrated and interdependent
operations, substantial intercompany obligations and guaranties,
common officers and directors, common control and decision-making,
reliance on a consolidated cash management system, and
dissemination of principally consolidated financial information to
third parties, the Debtors operated, and creditors dealt with the
Debtors, as a single, integrated economic unit. In view of the
foregoing -- and particularly since the causes of action that will
produce most of the recovery to stakeholders have been determined
to be owned by all Debtor estates -- the court approves substantive
consolidation. Substantive consolidation under the Plan will best
utilize the Debtors' assets and potential of all of the Debtors to
pay to the creditors of each entity the distributions to which they
are entitled.

The court observed that the debtors were managed on an integrated
basis making it reasonable and administratively convenient to
propose a joint plan and that the joint plan has been accepted by
numerous other impaired accepting classes, thereby satisfying the
requirement of section 1129(a)(10).

The court, having approved the substantive consolidation proposed
by the Debtors, concludes that it was appropriate for the Debtors
to have tabulated ballots on a consolidated basis. The court makes
no comment on whether it would have been proper in the absence of
substantive consolidation.

A full-text copy of the Court's Memorandum Opinion dated Sept. 29,
2017, is available at:

     http://bankrupt.com/misc/txnb17-31432-11-824.pdf

                About ADPT DFW Holdings LLC

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

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

Judge Stacey G. Jernigan presides over the cases.

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

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

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

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


ADVANTAGE ENERGY: Loretta Cross Agrees to Serve as Ch. 11 Trustee
-----------------------------------------------------------------
In an affidavit, Loretta R. Cross, Managing Director at Stout
Risius Ross, LLC, have agreed to serve as Chapter 11 Trustee in the
case of Advantage Energy Joint Venture on the following terms:

The compensation to be paid as follows to her employer, Stout
Risius Ross:

   * 25% on any amount disbursed by the trustee up to $5,000;

   * 10% on any amount disbursed by the trustee between $5,000.01
and $50,000;

   * 15% on any amount disbursed by the trustee between $50,000.01
and $1,000,000, and

   * 3% on any amount disbursed by the trustee in excess of
$1,000,000.01.

Ms. Cross asserts that neither she nor Stout and its staff,
represent any interest adverse to Advantage Energy Joint Venture.
Additionally, they are disinterested persons, as defined by 11
U.S.C. section 101(1-4). She has also made an investigation of
disinterestedness prior to submitting her Affidavit, which includes
firm-wide conflicts check as to the Debtor, and its secured
creditors, unsecured creditors, and equity holders.

A full-text copy of Cross' Affidavit is available at:

     http://bankrupt.com/misc/txsb17-34469-98.pdf

Consultants International Services LP and Meredith Interests
Consulting LP filed an involuntary Chapter 11 petition against
Advantage Energy Joint Venture on July 26, 2017 (Bankr. S.D. Tex.
Case No. 17-34469).  The case is assigned to Judge Jeff Bohm.  The
Petitioners are represented by Gregg K. Saxe, Esq., in Houston,
Texas.

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

       http://bankrupt.com/misc/txsb17-34469.pdf


AGAIA INC: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------
Debtor: Agaia, Inc.
        PO Box 4901
        Fort Lauderdale, FL 33338

Type of Business: Agaia, Inc. is a maker of natural, non-toxic,
                  green cleaning products for the commercial
                  laundry, industrial cleaning, janitorial &
                  housekeeping, food processing, marine and bunker

                  gear cleaning industries.
                  
                  The Company's products are distributed in North
                  and South America, Asia, Australia, South
                  Africa, Europe, the Caribbean and the Middle
                  East.

                  Web site: http://www.agaiainc.com/and  
                            http://www.evolvecleans.com/

Case No.: 17-22132

Chapter 11 Petition Date: October 4, 2017

Court: United States Bankruptcy Court
       Southern District of Florida (Fort Lauderdale)

Judge: Hon. John K Olson

Debtor's Counsel: Michael D. Seese, Esq.
                  SEESE, P.A.
                  101 NE 3rd Avenue, Suite 410
                  Fort Lauderdale, FL 33301
                  Tel: 954-745-5897
                  E-mail: mseese@seeselaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Chris Shell, president.

The Debtor's list of 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/flsb17-22132.pdf

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

        http://bankrupt.com/misc/flsb17-22132_petition.pdf


AGCO CORP: S&P Lowers $300MM Senior Unsecured Notes Rating to BB+
-----------------------------------------------------------------
S&P Global Ratings said that it has reviewed its unsecured
issue-level rating for AGCO Corp. that was labeled as "under
criteria observation" (UCO) after publishing its revised issue
ratings criteria on Sept. 21, 2017. With S&P' criteria review
complete, it is removing the UCO designation from this rating.

S&P said, "We are lowering our issue-level rating on AGCO Corp.'s
$300 million senior unsecured notes due 2021 to 'BB+' from 'BBB-'.
This rating action stems solely from the application of our revised
issue rating criteria and does not reflect any change in our
assessment of the corporate credit rating on AGCO Corp.

"The new criteria includes a revised approach to indicate
subordination risk. Because the debt at AGCO's operating
subsidiaries (priority debt) represents more than 50% of the
company's consolidated debt, we now rate AGCO's unsecured debt
'BB+', which is one notch below our corporate credit rating on the
company, to more clearly reflect the subordination."

RATINGS LIST
  AGCO Corp.
   Corporate Credit Rating     BBB-/Stable/--
  Issue Rating Lowered Due To Revised Issue Rating Criteria
                               To                From
  AGCO Corp.
   Senior Unsecured
    $300M Notes Due 2021       BB+               BBB-


ALABAMA PARTNERS: Has Court's Nod to Use Cash Collateral
--------------------------------------------------------
The Hon. Tamara O. Mitchell of the U.S. Bankruptcy Court for the
Northern District of Alabama has granted permission to Alabama
Partners, LLC, and its debtor affiliates to use cash collateral,
subject to the amended budget.

The Court orders the Debtors to comply with the terms of the motion
as set forth therein and to take necessary and appropriate steps to
effectuate the purposes of the court order.

A copy of the Order is available at:

          http://bankrupt.com/misc/alnb17-03469-118.pdf

As reported by the Troubled Company Reporter on Aug. 25, 2017, the
Debtors sought court authorization to use of cash collateral to pay
their prepetition payroll and employee expense reimbursement
obligations in accordance with the Wage Motion and in accordance
with its Interim Budget.  That proposed Budget provides total
monthly expenses of approximately $130,098 for BamaChex,
Inc./Alabama Partners LLC; $52,619 for PG County Pizza LLC/PG
County Ventures LLC; and $ 37,552 for Maryland Pizza Inc./Maryland
LC Ventures LLC.   

                     About Alabama Partners

Alabama Partners, LLC, is a holding company for the operating
entity BamaChex, Inc.  These Debtors operate a series of Rally'
hamburger restaurants in the Birmingham, Alabama metropolitan area.
Maryland LC Ventures, LLC, is a holding company for the operating
entity Maryland Pizza, LLC; and PG County Partners, LLC is the
holding company for the operating entity PG County Pizza, Inc.
Each of the holding companies owns four Little Ceasars Pizza
franchises in Maryland.  Each of the six debtors are jointly owned
and controlled by the same equity partners or shareholders.

The Debtors are a series of related and affiliated companies that
operate in the fast food restaurant business.

BamaChex, Inc., previously sought bankruptcy protection (Bankr.
N.D. Ala. Case No. 11-04020) on Aug. 11, 2011.

Alabama Partners, LLC; BamaChex, Inc.; Maryland LC Ventures, LLC;
Maryland Pizza, Inc.; PG County Partners, LLC; and PG County Pizza,
Inc. each filed their respective Chapter 11 petitions (Bankr. N.D.
Ala. Case Nos. 17-03469, 17-03471, 17-03472, 17-03473, 17-03474,
and 17-03475, respectively) on Aug. 11, 2017.  The petitions were
signed by Mark Williams, chief operating officer.  

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

The Debtors are represented by Scott R. Williams, Esq., Robert H.
Adams, Esq., and Frederick D. Clarke, Esq., at Rumberger, Kirk &
Caldwell, P.C.


ALL STAR MEDICAL: May Continue Using Cash Collateral
----------------------------------------------------
The Hon. Clifton R. Jessup, Jr., of the U.S. Bankruptcy Court for
the Northern District of Alabama has granted All Star Medical, LLC,
permission to continue the use of cash collateral to Oct. 2, 2017.


A hearing on the cash collateral use is re-scheduled for Oct. 2,
2017, at 1:30 p.m.

A copy of the Order is available at:

          http://bankrupt.com/misc/alnb17-82507-43.pdf

                     About All Star Medical

All Star Medical, LLC -- http://www.allstarmedical.com/-- is a
locally owned and operated medical equipment company located in
Albertville, Cullman, Huntsville and Madison, Alabama.  It is a
durable medical equipment company.  It provides home medical
equipment and medical supplies like respiratory equipment,
wheelchairs, hospital beds and medical supplies to patients
throughout north Alabama.  It has offices in Albertville, Cullman,
Huntsville, and Madison.  Its main office is located at 2407 South
Memorial Parkway, Huntsville, Alabama 35805.

All Star Medical filed a Chapter 11 bankruptcy petition (Bankr.
N.D. Ala. Case No. 17-82507) on Aug. 24, 2017, disclosing $1.37
million in total assets and $2.12 million in total liabilities.
The petition was signed by Philip Garmon, owner.

The Hon. Clifton R. Jessup Jr. presides over the case.  

Kevin D. Heard, Esq., at Heard, Ary & Dauro, LLC, serves as the
Debtor's bankruptcy counsel.


ALLIANCE ONE: Reaffirms Guidance for Fiscal 2018
------------------------------------------------
J. Pieter Sikkel, president and chief executive officer of Alliance
One International, Inc., and Joel L. Thomas, the Company's
executive vice president - chief financial officer, presented at
the Deutsche Bank Leveraged Finance Conference on Oct. 3, 2017 in
Scottsdale, Arizona.  Mr. Sikkel and Mr. Thomas were scheduled to
speak beginning at 12:20 p.m. Eastern Daylight Time.  During the
course of the Conference, the Company reaffirmed its prior guidance
of its anticipated revenues and adjusted EBITDA for the fiscal year
ending March 31, 2018.  The written materials used to accompany the
Company's presentation at the Conference will be posted to the
Company's website, www.aointl.com, under the "Investor Relations"
tab, prior to the commencement of the presentation.

                       About Alliance One

Morrisville, N.C.-based Alliance One International Inc. is
principally engaged in purchasing, processing, storing, and selling
leaf tobacco.  The Company purchases tobacco primarily in the
United States, Africa, Europe, South America and Asia for sale to
customers primarily in the United States, Europe and Asia.

Alliance One reported a net loss attributable to the Company of
$62.92 million on $1.71 billion of sales and other operating
revenues for the year ended March 31, 2017, compared to net income
attributable to the Company of $65.53 million on $1.90 billion of
sales and other operating revenues for the year ended March 31,
2016.  As of June 30, 2017, Alliance One had $1.97 billion in total
assets, $1.79 billion in total liabilities and $178 million in
total equity.

                          *     *     *

In September 2016, Moody's Investors Service upgraded Alliance
One's Corporate Family Rating (CFR) to 'Caa1' from 'Caa2' and
Probability of Default Rating to 'Caa1-PD' from 'Caa2-PD'.  The
Corporate Family Rating upgrade to Caa1 reflects Moody's somewhat
diminished concerns about Alliance One's liquidity.

In June 2017, S&P Global Ratings affirmed its 'CCC+' corporate
credit rating on Alliance One.  The rating outlook is negative.
The rating affirmation reflects S&P's forecast that the Company's
credit metrics will show modest improvement but remain very weak
over the next year, including adjusted debt to EBITDA in the mid-9x
area (compared to over 12x currently) and EBITDA to cash interest
coverage below 1.5x.  Despite S&P's forecast for modest
improvement, the company has missed its estimates over the last
several years.


ALTA MESA: Expects to Close Silver Run Transaction by December
--------------------------------------------------------------
Alta Mesa Holdings, LP, provided information regarding the proposed
transaction with, among others, Silver Run Acquisition Corporation
II in a presentation to certain investors and analysts on Oct. 3,
2017.

Silver Run II has agreed to merge with Alta Mesa and Kingfisher
Midstream, creating a world class energy company with a
high-quality, integrated, and concentrated asset base in the core
of the STACK oil play.  Anticipated closing of transaction is in
the fourth quater of 2017 and the implied firm fair value is $3.8
billion at $10 per share.

                 Anticipated Transaction Timeline

Late-September 2017          - File preliminary proxy statement/
                                marketing materials with the SEC

October 2017                 - Transaction Marketing

Late-November 2017           - Definitive Proxy mailed to
                                shareholders of record

December 2017                - Anticipated closing

A copy of the investor presentation is available for free at:

                      https://is.gd/o2UfRM

                         About Alta Mesa

Headquartered in Houston, Texas, Alta Mesa Holdings, LP --
http://www.altamesa.net/-- is a privately-held, independent
exploration and production company primarily engaged in the
acquisition, exploration, development and production of oil,
natural gas and natural gas liquids within the United States.  The
Company has transitioned its focus from its diversified asset base
composed of a portfolio of conventional assets to an oil and
liquids-rich resource play in the eastern portion of the Anadarko
Basin in Oklahoma (the "STACK") with an extensive inventory of
drilling opportunities.    

Alta Mesa reported a net loss of $167.9 million for the year ended
Dec. 31, 2016, and a net loss of $131.8 million for the year ended
Dec. 31, 2015.  

As of June 30, 2017, Alta Mesa had $957 million in total assets,
$915.3 million in total liabilities and $41.70 million in total
partners' capital.


ANGELICA CORP: 3rd Amended Plan Declared Effective on Sept. 30
--------------------------------------------------------------
The Third Amended Joint Chapter 11 Plan of RFID Corporation, et
al., fka Angelica Corporation, has been declared effective as of
September 30, 2017, signaling the Debtors' emergence from
bankruptcy protection.

Judge James Garrity confirmed the Plan on Aug. 31, 2017.

All requests for payment of administrative expense claims must be
served on the Debtors no later than Oct. 26, 2017.

As previously cited by BankruptcyData.com, substantially all of
Angelica's assets were sold during the Company's Chapter 11
proceeding, with sale proceedings used to satisfy various claims.

                       About Angelica Corp.

Headquartered in Alpharetta, Georgia, Angelica Corp. is a national
provider of medical laundry and linen management services,
supplying approximately 3,800 healthcare providers in 25 states,
including approximately 850 hospitals, 350 long-term care
facilities, and 2,600 outpatient medical practices.  Angelica
provides its laundry and linen management services through a
network of over 30 laundry plants and depots located across the
nation and a fleet of over 220 delivery vehicles. It currently
employs approximately 3,900 employees, roughly 69% of whom are
unionized.

Angelica Corp., formerly known as Angelica, Angelica Healthcare,
and Angelica Image Apparel, and four of its affiliates sought
Chapter 11 protection (Bankr. S.D.N.Y. Lead Case No. 17-10870) on
April 3, 2017.  The petitions were signed by John Makuch, interim
chief financial officer.  The cases are assigned to Judge James L.
Garrity Jr.

Angelica disclosed assets at $208 million and liabilities at $216.8
million as of Dec. 24, 2016.

Angelica Corp is now known as RFID Corporation.

The Debtors tapped Weil, Gotshal & Magnes LLP, as bankruptcy
counsel, and Grant Thornton LLP, as auditor and tax advisor.

An official committee of unsecured creditors has been appointed in
the Chapter 11 cases. The committee hired Cole Schotz, PC, as
bankruptcy counsel, and FTI Consulting, Inc., as financial advisor.


ANTHONY TSIKOURIS: Sale of Hobart Property for $425K Approved
-------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Indiana
authorized Anthony Tsikouris' sale of commercial real property
located at 3300 East 84th Place, Hobart, Indiana, to McDermott
Properties, LLC for $425,000.

A hearing on the Motion and any Objections thereto was held on
Sept. 29, 2017, at 10:00 a.m.

The sale is free and clear of liens, with all valid liens to attach
to the proceeds.

From the proceeds of the sale, the Debtor is authorized to pay the
following:

     a. Closing costs, title insurance, recording fees etc.;

     b. Real estate taxes to Lake County Treasurer and Merrillville
Conservancy District;

     c. Realtor fees to David Lasser, Commercial In Sites, and
costs incurred;

     d. Indiana Dept. Of Revenue lien claims listed on the title
policy plus interest accrued since the date of the filing of the
bankruptcy;

     e. The Internal Revenue Service lien claims listed on the
title policy as items "o" through "r" will be paid at closing plus
post-petition interest accrued from the date of the filing of the
bankruptcy until receipt of payment by the IRS on its allowed
secured claim.  The following liens listed on the title policy will
not be paid but to the extent the liens are valid will attach to
the proceeds to be paid upon further order of this Court: Federal
income Tax Lien Recorded March 10, 2015 as Document No. 2015 13510
(items on the title policy); and Federal Income Tax Lien Recorded
April 6, 2015 as Document No. 2015 19919;

     f. Attorney fees to Lori D. Fisher not to exceed $5,000; and

     g. All remaining funds to Paul R. Chael, Chapter 13 Trustee of
the Estate of Diann Tsikouris case number 15-23471 to be held in
trust pending further order from the Court regarding payment of
additional liens and division of proceeds between the Debtor and
the Chapter 13 Bankruptcy Estate of Diann Tsikouris.

The Order will become effective immediately upon entry and that the
14-day stay of the Order Pursuant to B.R. 4001(a) is waived.

                    About Anthony Tsikouris

Anthony Tsikouris is an individual who is currently employed by
Tack Building, LLC.  He is an employee of the business and is paid
approximately $6,000 a month gross.  Mr. Tsikouris has no and never
has had an interest in the business.  The business is owned by
entirely by his wife since it was established.  Additionally, Mr.
Tsikouris owns commercial real estate located at 3300 80th Place,
Hobart, Indiana, with his spouse, which leases 3 units that
generate net monthly income to Mr. Tsikouris of $1,800.

Anthony Tsikouris filed for Chapter 13 protection (Bankr. N.D. Ind.
Case No. 15-20208).  The Debtor originally filed a Chapter 13 Plan
with his spouse, Diann Tsikouris on Feb. 4, 2015 under Case No.
15-20208.  On Nov. 3, 2015, the Debtor voluntarily sever his case
from his wife's so that she could remain in Chapter 13 which the
Court granted on Nov. 5, 2015.  He filed a motion to convert to a
Chapter 11, which was granted March 10, 2016.  The Court assigned a
new case number to Diann Tsikouris, 15-23471 which is still pending
before the Court.

On March 25, 2017, the Court retained David Lasser as Broker.


APPVION INC: Bankruptcy Court Approves Ch.11 First Day Motions
--------------------------------------------------------------
Appvion, Inc., on Oct. 3, 2017, disclosed that it has received
approval from the United States Bankruptcy Court for the District
of Delaware of all of the first day motions related to its Chapter
11 filing.  Collectively, the orders issued by the Bankruptcy Court
will help ensure that the Company continues operating its business
in the ordinary course during its restructuring process.

"We remain focused on operating our business as usual and serving
our customers' needs as we continue constructive discussions with
our lenders on an expedited restructuring and emergence," said
Kevin Gilligan, Chief Executive Officer of Appvion.  "The approval
of our first day motions transitions us smoothly into our
restructuring process, from which we expect to emerge with a
sustainable capital structure, well positioned to compete, and
primed to further invest in the innovation that has made Appvion a
market leader in coated paper."

Appvion received approval to access $65 million of the $85 million
of new debtor-in-possession ("DIP") financing on an interim basis.
This DIP financing, combined with cash generated by the Company,
will support ongoing operations during the process.  The Company
also received approval to, among other things, pay employee wages
and benefits and honor customer programs.  Appvion intends to pay
vendors in the ordinary course for goods and services provided
after the filing date and expects production and delivery of
products to customers to continue uninterrupted.

As previously announced, on October 1, 2017, Appvion and certain of
its subsidiaries filed voluntary Chapter 11 petitions in the
Bankruptcy Court for the District of Delaware to facilitate a
balance sheet restructuring and better position the business for
long-term growth and success.

For more information about Appvion's restructuring, including
access to Bankruptcy Court documents, please visit
https://cases.primeclerk.com/appvion, contact the Company's
noticing and claims agent at (866) 315-0467 (for toll-free domestic
calls) and (929) 342-0756 (for tolled international calls), or
email appvioninfo@primeclerk.com.

DLA Piper is serving as legal counsel to Appvion, Guggenheim is
serving as the Company's investment banker, and AlixPartners is
serving as the Company's restructuring advisor.

                      About Appvion, Inc.

Appvion, Inc. -- http://www.appvion.com/-- produces thermal,
carbonless, security, inkjet, digital specialty, and colored
papers.  The Company is the largest manufacturer of direct thermal
paper in North America.  Headquartered in Appleton, Wisconsin,
Appvion operates coating and converting plants there and in West
Carrollton, Ohio and a pulp and paper mill in Roaring Spring,
Pennsylvania.  The Company employs approximately 1,400 people and
is 100% employee-owned.

On Oct. 1, 2017, Appvion, Inc. and 5 affiliated debtors each filed
a voluntary petition for relief under Chapter 11 of the United
States Bankruptcy Code (Bankr. D. Del. Lead Case No. 17-12082).
The cases are pending before the Honorable Kevin J. Carey, and the
Debtors have requested joint administration of the cases under Case
No. 17-12082.

Appvion Inc. disclosed total assets of $413,430,904 and total
liabilities of $714,758,194 as of Aug. 31, 2017.

DLA Piper is serving as legal counsel to Appvion, Guggenheim
Securities LLC is serving as the Company's investment banker, and
Alan Holtz of AlixPartners is serving as the Company's Chief
Restructuring Officer.  Prime Clerk LLC is the claims and noticing
agent.


APPVION INC: Oct. 11 Meeting Set to Form Creditors' Panel
---------------------------------------------------------
Andy Vara, Acting United States Trustee for Region 6, will hold an
organizational meeting on Oct. 11, 2017, at 1:00 a.m. in the
bankruptcy case of Appvion, Inc.

The meeting will be held at:

               Delaware State Bar Association
               405 King Street, 2nd floor
               Wilmington, DE 19801

The sole purpose of the meeting will be to form a committee or
committees of unsecured creditors in the Debtors' case.

The organizational meeting is not the meeting of creditors pursuant
to Section 341 of the Bankruptcy Code.  A representative of the
Debtor, however, may attend the Organizational Meeting, and provide
background information regarding the bankruptcy cases.

To increase participation in the Chapter 11 proceeding, Section
1102 of the Bankruptcy Code requires that the United States Trustee
appoint a committee of unsecured creditors as soon as practicable.
The Committee ordinarily consists of the persons, willing to serve,
that hold the seven largest unsecured claims against the debtor of
the kinds represented on the committee.

Section 1103 of the Bankruptcy Code provides that the Committee may
consult with the debtor, investigate the debtor and its business
operations and participate in the formulation of a plan of
reorganization.  The Committee may also perform other services as
are in the interests of the unsecured creditors whom it
represents.

                     About Appvion, Inc.

Appvion, Inc. -- http://www.appvion.com/-- produces thermal,
carbonless, security, inkjet, digital specialty, and colored
papers.  The Company is the largest manufacturer of direct thermal
paper in North America.  Headquartered in Appleton, Wisconsin,
Appvion operates coating and converting plants there and in West
Carrollton, Ohio and a pulp and paper mill in Roaring Spring,
Pennsylvania.  The Company employs approximately 1,400 people and
is 100% employee-owned.

On Oct. 1, 2017, Appvion, Inc. and 5 affiliated debtors each filed
a voluntary petition for relief under Chapter 11 of the United
States Bankruptcy Code (Bankr. D. Del. Lead Case No. 17-12082).
The cases are pending before the Honorable Kevin J. Carey, and the
Debtors have requested joint administration of the cases under Case
No. 17-12082.

Appvion Inc. disclosed total assets of $413,430,904 and total
liabilities of $714,758,194 as of Aug. 31, 2017.

DLA Piper is serving as legal counsel to Appvion, Guggenheim
Securities LLC is serving as the Company's investment banker, and
Alan Holtz of AlixPartners is serving as the Company's Chief
Restructuring Officer.  Prime Clerk LLC is the claims and noticing
agent.


ATHLETIC COMMUNITY: Wants to Use Cash Collateral Through March 2018
-------------------------------------------------------------------
Athletic Community Team, LLC, d/b/a Jersey Shore Arena, seeks
authorization from the U.S. Bankruptcy Court for the District of
New Jersey to use cash collateral in order to continue its
business.

A projected Budget through and including the period ending March
31, 2018, provides total operating expenses of $186,825 per month.

As of the Petition Date, the only creditor asserting a lien against
the operating assets of the Debtor is Jersey Shore Ice Arena, LLC,
via an assignment from The Bancorp Bank.  Jersey Shore asserts a
lien in the approximate amount of $13,969,000.

To the extent of any diminution in its prepetition cash collateral,
the Debtor proposes to grant Jersey Shore replacement liens on all
of its postpetition assets and afford protection to Jersey Shore
under Section 507(b) of the Bankruptcy Code.  The proposed
replacement liens on postpetition assets are to attach in the same
order of priority as existed prior to the Petition Date.
Additionally, the Debtor will make periodic payments to Jersey
Shore in the amount of $2,000 per month.

A full-text copy of the Debtor's Motion, dated Sept. 28, 2017, is
available at https://is.gd/XrpUmC

                 About Athletic Community Team

Athletic Community Team, LLC, d/b/a Jersey Shore Arena --
http://jerseyshorearena.com/-- operates an ice skating rink in
Wall Township, New Jersey.  The 15-acre Arena houses 3 NHL size ice
rinks, the Penalty Box Cafe, The Jersey Shore Hockey Shop for all
hockey and figure skating needs, Next Level for all off ice
training needs, the Penalty Box restaurant offering breakfast,
lunch and dinner.  The Jersey Shore Arena offers Learn To Skate and
Learn To Play Hockey Programs, Youth and Adult Leagues, Figure
Skating Freestyle Sessions, Private Hockey and Figure Skating
Lessons, Clinics and Camps.  It also accepts reservations for
birthday parties, private parties and group packages.

ACB Receivables Management, Inc., an affiliate, sought bankruptcy
protection (Bankr. D.N.J. Case No. 16-27343) on Sept. 9, 2016.

Athletic Community Team filed a Chapter 11 petition (Bankr. D.N.J.
Case No. 17-29399) on Sept. 26, 2017.  The petition was signed by
Oleg Shnayderman, managing member of the Debtor.  At the time of
filing, the Debtor estimated $1 million to $10 million in assets
and $10 million to $50 million in liabilities.  The case is
assigned to Judge Christine M. Gravelle.  The Debtor is represented
by David A. Ast, Esq. at Ast & Schmidt, P.C.

There has been no appointment of creditors' committee, trustee or
examiner in the case.


AYTU BIOSCIENCE: Files Pro Forma Balance Sheet as of June 30
------------------------------------------------------------
Aytu BioScience, Inc., previously entered into a securities
purchase agreement with various investors pursuant to which the
Company sold Class A and Class B equity units for gross proceeds of
approximately $11.8 million.  The offering closed on Aug. 15,
2017.

On Oct. 3, 2017, the Company provided the Securities and Exchange
Commission a proforma balance sheet as of June 30, 2017, giving
effect to the closing and receipt by the Company of the gross
proceeds of the offering.  This is the proforma balance sheet as if
the $11.8 million financing had happened on June 30, 2017.

As of June 30, 2017, Aytu Bioscience's pro forma combined balance
sheet showed $25.63 million in total assets, $14.32 million in
total liabilities and $11.31 million in total stockholders' equity.


A full-text copy of the regulatory filing is available at:

                       https://is.gd/nOBIhd

                       About Aytu BioScience

Aytu BioScience, Inc. (OTCMKTS:AYTU) -- http://www.aytubio.com/--
is a commercial-stage specialty healthcare company concentrating on
developing and commercializing products with an initial focus on
urological diseases and conditions.  Aytu is currently focused on
addressing significant medical needs in the areas of urological
cancers, hypogonadism, urinary tract infections, male infertility,
and sexual dysfunction.

Aytu BioScience reported a net loss of $22.50 million for the year
ended June 30, 2017, a net loss of $28.18 million for the year
ended June 30, 2016, and a net loss of $7.72 million for the year
ended June 30, 2015.  

As of June 30, 2017, Aytu BioScience had $14.99 million in total
assets, $10.99 million in total liabilities, and $3.99 million in
total stockholders' equity.


B & B METALS: Unsecureds to Recoup 21.681% in 10 Years
------------------------------------------------------
B & B Metals, Inc., filed with the U.S. Bankruptcy Court for the
Central District of Illinois a disclosure statement dated Sept. 20,
2017, referring to the Debtor's plan of reorganization.

Class 2 General Unsecured Claims are impaired by the Plan.  Holders
will receive a quarterly payment of $90.16 for the first five
years, then that amount will be increased to $490.16 for the
remaining five years, with interest rate of 6.25%.  Payments will
start in 2018 and will end on 2028.  The holders will recover
21.681%.

Payments and distributions under the Plan will be funded by the
following: Sale of personal assets of equity
holders, purchase and sale of scrap, sale of inventory scrap.

A copy of the Disclosure Statement is available at:

             http://bankrupt.com/misc/ilcb17-80859-53.pdf

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

Since 2012, the Debtor has been in the business of scrapping semi
trailers, selling various parts including the tires, rims, and
suspension equipment as well as refrigeration units and then
scrapping the remaining metals and selling to regional scrap yards.


B N EMPIRE: Hires Johnson Pope as Counsel
-----------------------------------------
B N Empire, LLC seeks authorization from the U.S. Bankruptcy Court
for the Middle District of Florida to employ Johnson Pope Bokor
Ruppel & Burns, LLP as counsel, nunc pro tunc to September 5,
2017.

The Debtor requires Johnson Pope to:

     a. give the Debtor legal advice with respect to its
        duties and obligations as Debtor in Possession;

     b. take necessary steps to analyze and pursue any
        avoidance actions, if in the best interest of
        the estate;

     c. prepare on behalf of the Debtor the necessary
        motions, notices, pleadings, petitions, answers,
        orders, reports and other legal papers required
        in this Chapter 11 case;

     d. assist the Debtor in taking all legally
        appropriate steps to effectuate compliance with
        the Bankruptcy Code;

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

Johnson Pope lawyers who will work on the Debtor's case and their
hourly rates are:

      Alberto F. Gomez, Jr., shareholder        $350
      Angelina Lim, Partner                     $325

An affiliate of the Debtor, Cloud Contracts, Inc., paid a $33,500
pre-petition retainer within one year of the filing date on behalf
of the Debtor.  Of the amount received, $16,110 was utilized for
representation of the Debtor in a State Court foreclosure case and
potential workout settlement efforts.  Additionally, from the
amount received, the Debtor's counsel paid the Court's filing fee
of $1,717 on behalf of the Debtor.  As of September 5, 2017, the
date of commencement of the Debtor's chapter 11 case, Johnson Pope
held approximately $15,673 in its trust account to be applied to
post-petition services rendered and costs incurred.

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

Alberto F. Gomez, Jr., Esq., shareholder of Johnson Pope Bokor
Ruppel & Burns, LLP, assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtor and its estates.

Johnson Pope may be reached at:

      Alberto F. Gomez, Jr., Esq.
      Johnson Pope Bokor Ruppel & Burns, LLP
      401 E. Jackson Street, Ste. 3100 (33602)
      P.O. Box 1100
      Tampa, FL 33601-1100
      Tel: 813-225-2500
      Fax: 813-223-7118
      Email: Al@jpfirm.com

                   About B N Empire, LLC

B N Empire, LLC filed a Chapter 11 bankruptcy petition (Bankr. M.D.
Fla. Case No. 17-07841) on September 5, 2017.  Johnson Pope Bokor
Ruppel & Burns, LLP represents the Debtor as counsel.

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


BEAR FIGUEROA: Proposes $2.43 Million Refinancing Loan
------------------------------------------------------
Bear Figueroa LLC seeks permission from the U.S. Bankruptcy Court
for the Central District of California to enter into negotiations
to refinance the loans secured by existing liens on its property
located at 10520 South Figueroa Boulevard, Los Angeles, California
90003.

The Debtor says that its managing members Denise Johnson and
Gladney Johnson have exhausted their options in seeking a
refinancing loan that will pay off all their creditors.  They found
that Bear Figueroa LLC's income does not qualify for any unsecured
loans, and that their only option was a secured loan.  The proposed
refinancing loan with Pacific Enterprise Bank is not only secured
by the Property but also the equity in other properties
individually owned by Denise Johnson outside of this bankruptcy.

The Debtor seeks approval of a refinancing loan secured by the
Property.  The total loan amount is $2,425,000.  The Debtor says
that the liens on the Property are in favor of Evergreen Advantage
LLC, and the Los Angeles County Tax Collector, will be paid in
full.  The Debtor anticipates filing a proposed Chapter 11 plan
which will include this post-petition refinancing if approved.

In exchange for payment within the next 30 days, the secured
creditors, Evergreen Advantage and the Los Angeles County Tax
Collector will release their liens.  The current notice of interest
the Debtor is taking under serious consideration has been provided
by Pacific Enterprise Bank with these terms:

     1) Letter of Interest to Lend - Pacific Enterprise Bank

        a) The loan will be for a total of $2,425,000 with a first

           priority deed of trust in favor of Pacific Enterprise
           Bank at the interest rate of WSJ Prime Rate +3.00%,
           floating and adjusting daily; secured by an insured
           mortgage on the real property located at 10520 Figueroa

           Street, Los Angeles, California 90003, and 10601
           Crenshaw Boulevard, Inglewood, California 90303;

        b) the terms require that Bear Figueroa form a new entity
           and the property will be transferred from the Debtor to

           the new entity as a separate limited liability
           corporation.  This new entity will be the main borrower

           secured by the Bear Figueroa's property;

        c) Denise Johnson is the guarantor and formed the new
           entity, Salt Fish, Inc.  This refinancing loan will be
           using Bear Figueroa's collateral.  Robert Florez is the

           majority shareholder and the borrower of the
           refinancing loan; and

        d) the loan will be secured by the Debtor's property
           located at 10520 South Figueroa Boulevard, Los Angeles,

           California 90003 as well as equity in other properties
           held personally by Denise Johnson.

The refinancing will allow Debtor to pay-off the outstanding
amounts owed to Evergreen Advantage and obtain a new loan in the
amount of $2,425,000.  The Debtor therefore believes that the
refinancing is in the best interest of the Estate because all
secured creditors will be paid in full.

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

           http://bankrupt.com/misc/cacb1714249-86.pdf

                       About Bear Figueroa

Headquartered in Culver City, California, Bear Figueroa LLC owns a
property located at 10520 South Figueroa Boulevard, Los Angeles,
California 90003, valued at $2.9 million.  For 2016, it recorded
gross revenue of $265,000 compared to gross revenue of $250,000
during the prior year.

Bear Figueroa filed for Chapter 11 bankruptcy protection (Bankr.
C.D. Cal. Case No. 17-14249) on April 6, 2017, listing $2.9 million
in total assets and $1.93 million in total liabilities.  The
petition was signed by Denise Johnson, managing member.

Judge Vincent P. Zurzolo presides over the case.

Lionel E Giron, Esq., at the Law Offices of Lionel E. Giron, serves
as the Debtor's bankruptcy counsel.

No creditors' committee has been appointed by the United States
Trustee.


BERNARD L. MADOFF: Brown Rudnick Secures Major Victory for Sentry
-----------------------------------------------------------------
Brown Rudnick secured a crucial victory on behalf of client Kenneth
Krys, foreign representative of Fairfield Sentry Limited, the
largest Madoff feeder fund, against Farnum Place, LLC, this week,
as the United States Supreme Court declined to hear Farnum's final
appeal to a 2017 ruling by the Second Circuit Court of Appeals.

The Court's decision ends more than five years of litigation in the
case, which sprung from the high profile conviction of investor and
stockbroker Bernie Madoff in 2009.  The result means an additional
$100 million or more in recovery for Sentry stakeholders, many of
whom had lost big in the fallout of the Madoff scandal.

"We're pleased to be able to help Sentry recover approximately $100
million in value that otherwise would have been lost," said partner
David Molton, who led Brown Rudnick's representation of Krys.

The case is also significant in its implication for future Chapter
15 bankruptcies.  In its 2017 ruling, the Second Circuit Court of
Appeals confirmed responsibility by Bankruptcy Courts to
independently review and if appropriate reject proposed sales of
U.S. assets by representatives of foreign main proceedings to the
same extent as in domestic bankruptcy proceedings, even if those
sales have been previously reviewed and approved by courts in
non-US jurisdictions.  

"Today's outcome brings clarity and predictability to the
increasingly important Chapter 15 cross-border insolvency
architecture," said Mr. Molton.  "[Wed]nesday the courts confirmed
that foreign liquidators selling U.S. assets enjoy the same rights
that trustees in domestic Chapter 7 and 11 cases have long held,
the ability to reject  a sale that indisputably is no longer is in
the best interests of the estate's stakeholders."

Brown Rudnick is widely recognized for its bankruptcy litigation
and distressed asset work in the US and worldwide.  As a partner,
Mr. Molton focuses on complex financial and commercial litigation
in federal, state and bankruptcy courts, and represents foreign
liquidators, official committees of creditors, unofficial ad hoc
committees of creditors and interested parties in financial fraud
and mass tort related litigations and bankruptcies in the United
States and in foreign jurisdictions.

                      About Brown Rudnick LLP

Brown Rudnick, an international law firm with offices in the United
States and Europe, represents clients from around the world in
high-stakes litigation, international arbitration and complex
business transactions.  Clients include public and private
corporations, multinational Fortune 100 businesses and start-up
enterprises.  The Firm also represents investors, as well as
official and ad hoc creditors' committees in today's largest
corporate restructurings, both domestically and abroad.  Founded
more than 60 years ago, Brown Rudnick has more than 240 lawyers
providing advice and services across key areas of the law.  Beyond
the United States, the Firm regularly serves clients in Europe, the
Middle East, North Africa, the Caribbean and Latin America.

                     About Bernard L. Madoff

Bernard L. Madoff Investment Securities LLC and Bernard L. Madoff
orchestrated the largest Ponzi scheme in history, with losses
topping US$50 billion.  On Dec. 15, 2008, the Honorable Louis A.
Stanton of the U.S. District Court for the Southern District of New
York granted the application of the Securities Investor Protection
Corporation for a decree adjudicating that the customers of BLMIS
are in need of the protection afforded by the Securities Investor
Protection Act of 1970.  The District Court's Protective Order (i)
appointed Irving H. Picard, Esq., as trustee for the liquidation of
BLMIS, (ii) appointed Baker & Hostetler LLP as his counsel, and
(iii) removed the SIPA Liquidation proceeding to the Bankruptcy
Court (Bankr. S.D.N.Y. Adv. Pro. No. 08-01789) (Lifland, J.).  Mr.
Picard has retained AlixPartners LLP as claims agent.

On April 13, 2009, former BLMIS clients filed an involuntary
Chapter 7 bankruptcy petition against Bernard Madoff (Bankr.
S.D.N.Y. 09-11893).  The petitioning creditors -- Blumenthal &
Associates Florida General Partnership, Martin Rappaport Charitable
Remainder Unitrust, Martin Rappaport, Marc Cherno, and Steven
Morganstern -- assert US$64 million in claims against Mr. Madoff
based on the balances contained in the last statements they got
from BLMIS.

On April 14, 2009, Grant Thornton UK LLP as receiver placed Madoff
Securities International Limited in London under bankruptcy
protection pursuant to Chapter 15 of the U.S. Bankruptcy Code
(Bankr. S.D. Fla. 09-16751).  The Chapter 15 case was later
transferred to Manhattan.  In June 2009, Judge Lifland approved the
consolidation of the Madoff SIPA proceedings and the bankruptcy
case.

Judge Denny Chin of the U.S. District Court for the Southern
District of New York on June 29, 2009, sentenced Mr. Madoff to 150
years of life imprisonment for defrauding investors in United
States v. Madoff, No. 09-CR-213 (S.D.N.Y.).

From recoveries in lawsuits coupled with money advanced by SIPC,
Mr. Picard has commenced distributions to victims.  As of Aug. 25,
2017, the SIPA Trustee has recovered, from pre-litigation and other
settlements, nearly $12.029 billion -- more than 66% of the
currently estimated principal amount lost in the Ponzi scheme by
those who filed claims.  Following the eight distribution of $252
million on Feb. 2, 2017, the Trustee has made total distributions
of $9.725 billion, with 1,336 BLMIS accounts fully satisfied.  The
1,336 fully satisfied accounts represent nearly 60% of accounts
with allowed claims.


BILL BARRETT: Updates 2017 Operating Guidance
---------------------------------------------
Bill Barrett Corporation announced an update to its 2017 operating
guidance, including higher production and lower lease operating
expense and capital expenditures.

Driven by a combination of early positive results from its enhanced
completion program in the Denver-Julesburg Basin, strong results
from a nine well recompletion program in the Uinta Oil Program and
the expected timing of well completions during the second half of
2017, the Company is raising its 2017 production guidance range
from 6.0-6.5 million barrels of oil equivalent ("MMBoe") to 6.4-6.6
MMBoe.  This represents a 4% increase at the mid-point from
previously released 2017 production guidance and a level that is
approximately 12% higher at the mid-point than pro forma 2016
production sales volumes, excluding asset sales.  Third quarter
2017 production sales volume guidance has been increased from a
range of 1.55-1.65 MMBoe to approximately 1.75 MMBoe, representing
an increase of approximately 9%.

The Company is delivering greater drilling and completion
efficiencies with respect to its capital program that have
partially offset forecasted service cost increases for 2017.  As a
result, it is now expected that capital expenditures will total
$250-$270 million, down from an earlier estimate of $255-$285
million.  The Company anticipates that 70-75 wells will be spud in
2017, which is unchanged from the previous forecast despite capital
expenditure guidance being reduced by approximately 4% at the
mid-point.  Third quarter 2017 capital expenditures are expected to
total $65-$75 million, which is unchanged from previous guidance.
The Company is currently operating two drilling rigs in the DJ
Basin and expects to continue to do so for the remainder of 2017.
However, this plan is subject to change based on any material
movement in crude prices.     

The Company continues to build on operational efficiencies at the
field level and as a result is decreasing its LOE guidance for 2017
from $27-$30 million to $24-$26 million, representing a decrease of
12% at the mid-point.  The Company continues to pursue additional
cost reducing synergies in an effort to further reduce LOE.    

Commenting on the updated operating guidance, Chief Executive
Officer and President Scot Woodall said, "We have done an excellent
job of executing on our operational plan this year and the effort
of our team is reflected in our updated guidance.  We remain
encouraged by the early results of our enhanced completions in the
DJ Basin, which combined with faster drilling and completion cycle
time allows us to deliver a higher growth profile.  We are focused
on the items within our control and exhibiting an increased level
of operating efficiency to offset inflationary pressure, as
evidenced by lower LOE and capital expenditure guidance.  We
maintain excellent operational flexibility with an anticipated
level of planned activity that allows us to deliver a strong growth
profile in 2018."     

                    Investor Presentation

A corporate presentation for October 2017 was posted on Bill
Barrett Corporation's Web site at http://www.billbarrettcorp.com/
on Oct. 3, 2017.

Members of the Company's management were scheduled to participate
in the Deutsche Bank Leveraged Finance Conference in Scottsdale,
Arizona on Oct. 3-4, 2017, and will meet with members of the
investment community in San Francisco and Los Angeles on Oct. 4 to
5, 2017.

                      About Bill Barrett

Denver-based Bill Barrett Corporation --
http://www.billbarrettcorp.com/-- is an independent energy company
that develops, acquires and explores for oil and natural gas
resources.  All of the Company's assets and operations are located
in the Rocky Mountain region of the United States.

Bill Barrett reported a net loss of $170.4 million on $178.8
million of total operating revenues for the year ended Dec. 31,
2016, compared to a net loss of $487.8 million on $207.9 million of
total operating revenues for the year ended Dec. 31, 2015.  

The Company's balance sheet at June 30, 2017, showed $1.32 billion
in total assets, $780.9 million in total liabilities and $542.3
million in total stockholders' equity.

                           *    *    *

As reported by the TCR on April 26, 2017, Moody's Investors Service
upgraded Bill Barrett Corporation's Corporate Family Rating (CFR)
to 'Caa1' from 'Caa2' and its existing senior unsecured notes'
ratings to Caa2 from Caa3.  "The upgrade of Bill Barrett's ratings
is driven by the reduction of default risk supported by the
company's large cash balance and improved debt maturity profile,"
said Prateek Reddy, Moody's lead analyst. "The company's credit
metrics are likely to soften in 2017 because of the roll off of
higher priced hedges, but the metrics should strengthen along with
production growth in 2018."


BLUE BEE: Seeks Permission to Continue Cash Use Until Jan. 20
-------------------------------------------------------------
Blue Bee, Inc., doing business as ANGL, asks the U.S. Bankruptcy
Court for the Central District of California for authority to use
cash collateral through and including Jan. 20, 2018, to pay the
expenses set forth in the budget.

A further hearing to consider the continued use of cash collateral
will be held on Oct. 19, 2017 at 8:30 a.m.

Pursuant to the Fourth Cash Collateral Order, the Debtor's
authority to use cash collateral will expire on Oct. 21, 2017.
Accordingly, the Debtor seeks the Court's authority to continue
using cash collateral in accordance with its operating budget for
the 13-week period from Oct. 22, 2017, through and including Jan.
20, 2018.  The proposed operating budget provides total estimated
cash disbursements of approximately $888,127 during the 13-week
period.

The Debtor requires the Court's authority to pay all of its normal
and ordinary operating expenses (such as payroll, rent, utilities,
insurance, and payments to vendors) as they come due in the
ordinary course of its business and to purchase new inventory to
replenish merchandise that is sold to customers at the Debtor's
Operating Retail Stores, which in turn will facilitate the
continued operation of the Debtor's business without any disruption
and the preservation and maximization of the going-concern value of
the Debtor's business and assets.

The Debtor believes that the Pacific Bank, Fashblvd., Inc., and the
California State Board of Equalization are the only parties that
may potentially have a perfected security interest in the Debtor's
cash.

The Debtor's senior secured lender is Pacific Bank, which is
currently owed approximately $1,660,000 under the Small Business
Administration Loan.  The SBA Loan is secured by a lien against the
Malibu Residence owned by the Debtor's principals, Jeff Sunghak Kim
and Young Ae Kim.  There is currently a sale of the Malibu
Residence pending, which is anticipated to close within the next
approximately 30 days.  It is anticipated that the Bank will
receive a payment of approximately $700,000 from the sale of the
Malibu Residence, which will then reduce the outstanding balance of
the SBA Loan to approximately $960,000.

Prior to the Petition Date, the Debtor also obtained a secured loan
in the amount of $6,000 from Fashblvd., Inc.  Flashblvd asserts a
lien against substantially all of the assets of the Debtor.

While the California State Board Of Equalization has one active
state tax lien. The Debtor believes that the amount owed to SBOE
which is secured by the foregoing tax lien is $24,160.

The Debtor submits that the value of such Secured Creditors'
interests in the Debtor's cash collateral will be adequately
protected by a substantial equity cushion.  The Debtor explains
that as of Oct. 22, 2017 (the beginning date of the proposed new
Budget), the Debtor anticipates that it will be holding cash on
hand of approximately $110,000, security deposits totaling
approximately $53,215, inventory valued at approximately $2,625,000
(at cost), and FF&E with an estimated fair market value of
approximately $650,000.

As such, the Debtor believes that the aggregate value of its assets
as of Oct. 22, 2017 is estimated to be $3,438,215, while that the
total amount currently owed to its Secured Creditors is only
approximately $1,690,160, which is far in excess of the 20% equity
cushion constituting clear adequate protection of Secured
Creditors' interest in the cash collateral.

Furthermore, the Debtor submits that the value of the Secured
Creditors' interest in the cash collateral will be adequately
protected by, among other things, the maintenance and continued
operation of the Debtor's business. By doing so, the Debtor will be
able to, among other things, maximize the value of its inventory
and generate as much revenue as possible from the sale of such
inventory.

In addition to the forms of adequate protection discussed above,
the Debtor also proposes to provide its Secured Creditors with
replacement liens and security interests against the Debtor's
post-petition assets, with such replacement liens to have the same
extent, validity, and priority as the prepetition liens held by
such Secured Creditors against the Debtor's assets.

A full-text copy of the Debtor's Motion, dated Sept. 28, 2017, is
available at https://is.gd/E5yVUz

                        About Blue Bee

Headquartered near downtown Los Angeles, California in Vernon,
California, Blue Bee, Inc., doing business as ANGL, is a retailer
doing business under the "ANGL" brand offering stylish and
contemporary women's clothing at reasonable prices to its
fashion-savvy customers.  As of Oct. 19, 2016, Blue Bee owns and
operates 21 retail stores located primarily in shopping malls
throughout the state of California.  Founders Jeff Sunghak Kim and
his wife, Young Ae Kim, continue to be actively involved in Blue
Bee's business operations as the President and Secretary of the
Debtor, respectively.

Blue Bee filed a Chapter 11 petition (Bankr. C.D. Cal. Case No.
16-23836) on Oct. 19, 2016.  The bankruptcy petition was signed by
Jeff Sungkak Kim, s president.  The Debtor estimated assets and
liabilities at $1 million to $10 million.  The case is assigned to
Judge Sandra R. Klein.  The Debtor is represented by Juliet Y. Oh,
Esq., at Levene, Neale, Bender, Yoo & Brill LLP.


BMC TRANSPORTATION: Seeks Authorization to Use Cash Collateral
--------------------------------------------------------------
BMC Transportation, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Western District of Arkansas to use cash
collateral for the continued operation of its business.

The Debtor proposes to account monthly for the collection and
expenditure of the cash collateral via the required monthly
operating report pursuant to the regulations of the Office of the
U.S. Trustee. Specifically, the Debtor will account for all rents
and revenues received and proposes to use the cash collateral in
the following manner:

     (a) Payment of all employee wages and employment taxes;

     (b) Payment of the ongoing and necessary business expenses
which includes but is not limited to gasoline, utilities, wages,
maintenance on the trucks, and financing costs;

     (c) The Debtor will retain in the debtor-in-possession account
sufficient monthly revenue to pay keep current the taxes and
insurance as required or as due to any governmental agency; and

     (d) Any money not used will accumulate in a debtor in
possession operational account and distributed as directed by a
confirmed plan.

In the ordinary course of business, the Debtor routinely factors
its receivables to maintain a positive cash flow. The use of cash
collateral will be free on any prepetition liens placed on accounts
of the Debtor by the Internal Revenue Service lien on prepetition
receivables or accounts will be dealt with by subsequent motion or
in the plan confirmation process.

A full-text copy of the Debtor's Motion, dated September 28, 2017,
is available at https://is.gd/w2vRut

                   About BMC Transportation

BMC Transportation, Inc., a small business debtor as defined in 11
U.S.C. Section 101(51D), is engaged in  general freight
transportation business.  BMC is an Arkansas corporation involved
in trucking and trucking brokerage.

BMC Transportation filed a Chapter 11 petition (Case No. 17-72111)
on Aug. 23, 2017.  The petition was signed by William Henson,
president.  At the time of filing, the Debtor estimated $1 million
to $10 million in assets and liabilities.  The case is assigned to
Judge Ben T. Barry.  The Debtor is represented by Carl W. Hopkins,
Esq. at Hopkins & Holmes, PLLC.


BOSS REAL ESTATE: Hearing on Plan Outline Approval Set for Dec. 6
-----------------------------------------------------------------
The Hon. Brenda Moody Whinery of the U.S. Bankruptcy Court for the
District of Arizona has scheduled for Dec. 6, 2017, at 10:30 a.m. a
hearing to consider the approval of Boss Real Estate Holdings,
LLC's disclosure statement.

Objections to the Disclosure Statement must be filed by Nov. 28,
2017.

The Court has set Dec. 6, 2017, as the deadline for creditors to
file proof of claims.

As reported by the Troubled Company Reporter on Sept. 14, 2017, the
Debtor filed with the Court 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.

                About Boss Real Estate Holdings

Boss Real Estate Holdings, LLC, based in Gilbert, Arizona, 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.


BOWLIN FUNERAL: Wants to Use Commerce Bank Cash Collateral
----------------------------------------------------------
Bowlin Funeral Home, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Western District of Missouri to use cash
collateral, receivables and proceeds thereof to maintain ongoing
operations and avoid immediate and irreparable harm to the estate.

The Debtor's owner/manager intends to continue the Debtor's funeral
services business and to propose a Chapter 11 Plan, which will
restructure its debts, as authorized by the Bankruptcy Code, while
providing adequate protection to its secured creditor, Commerce
Bank.

The Debtor estimates that its operating expenses during the next 45
days, including payroll to employees, will be approximately
$58,632. The Debtor's estimated payroll obligation to employees
during the next thirty days will be approximately $19,536.

When Debtor filed this case, the Debtor's real estate located at
100 South Oak Street, in the City of California, Missouri, was
subject to the obligations of commercial security agreement and
deed of trust liens in favor of Commerce Bank, and all of Debtor's
assets appear to be subject to the liens of Commerce Bank. The
Debtor owed Commerce Bank approximately $520,000.

The Debtor's owner estimates that the liquidation value of Debtor's
assets, which are secured to Commerce Bank is approximately
$862,114.  Therefore, the Debtor asserts that Commerce Bank is
over-secured by approximately $342,114.

Moreover, the Debtor believes that the interests of Commerce Bank
with respect to its collateral may be adequately protected by the
Debtor's continued operations since it will increase the Debtor's
ability to pay its obligations to Commerce Bank and other
creditors.  The Debtor also suggests that an adequate protection
payment of $4,000 per month would adequately protect Commerce Bank
from diminution of its secured position pending confirmation of a
plan.

A full-text copy of the Debtor's Motion, dated Oct. 2, 2017, is
available at https://is.gd/gzZwqP

Commerce Bank is represented by:

           Trevin E. Wray, Esq.
           Simpson, Logback, Lynch, Norris, P.A.
           7400 West 110th St., Ste. 600
           Overland Park, Kansas 66210

                   About Bowlin Funeral Home

Bowlin Funeral Home, Inc., is a Missouri general business
corporation, which is in the business of providing funeral
services.  Its corporate headquarters are located at 100 South Oak
Street, California, Missouri.  The corporation is wholly owned and
operated by Mark R. Elliott, Jr.  This funeral services business
has been in Mr. Elliott's family for approximately 100 years.  Mr.
Elliott has operated the business for approximately 11 years.

The Debtor first filed a Chapter 11 case (Bankr. W.D. Mo. Case No.
17-20736-drd11) on July 21, 2017, estimatingg assets and
liabilities of less than $1 million.  Mark R. Elliott, Jr., the
sole owner and shareholder, signed the first petition.  The Court
dismissed this case on Aug. 30, 2017 for Debtor's failure to
achieve reinstatement of its corporate charter and show proof of
insurance for property of the estate.

On Sept. 20, 2017, the Debtor's corporate charter was reinstated,
and on Sept. 29, 2917, the Debtor's commercial insurance policy was
reinstated.

Bowlin Funeral Home again sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Mo. Case No. 17-20965) on Oct. 3,
2017.

Judge Dennis R. Dow presides over the case.

No trustee or examiner has been appointed in this case, and no
committees have been designated or appointed.

Attorneys for the Debtor:

         BOUL & ASSOCIATES, P.C.
         Harry D. Boul                                             
           
         Shelley L. Forrest
         One East Broadway, Ste. B
         Columbia, MO 65203
         Tel: (573) 443-7000
         Fax: (573) 449-6554
         E-mail: hboul@earthlink.net


BREITBURN ENERGY: Committee Seeks Termination of Exclusivity
------------------------------------------------------------
Breitburn Energy Partners' official committee of unsecured
creditors filed with the U.S. Bankruptcy Court an objection to the
Debtors' fifth motion for an exclusivity extension.  

BankruptcyData.com reported that the objection asserts, "The
Debtors have now been in bankruptcy for more than sixteen months
and there is still no plan on file.  Despite four extensions of the
Debtors' exclusive periods and months of negotiations between the
Debtors, unsecured creditors, and to a certain extent the Second
Lien Group, there has been no agreement on a plan that clearly
maximizes the value of the estate and is supported by each class of
creditors . . . the Rights Offering Plan, which the Debtors now
seem to be favoring, and the Debtors' alternative Permian Sale Plan
are premised on a sale of the Debtors' assets.  The former is based
on a sale of the Permian Assets -- disguised as a 'rights offering'
-- to a select group of Unsecured Noteholders and a sale of the
Debtors' legacy assets to the Second Lien Noteholders.  The
Debtor's alternative plan purportedly would involve a
Court-approved sale of the Permian Assets and a restructuring
around the legacy assets that principally would benefit the Second
Lien Noteholders.  Although the Committee believes that a sale of
the Debtors' assets is appropriate given the current circumstances
and the amount of time that has passed in these cases, neither of
the plans being considered by the Debtors would maximize the value
of the assets for unsecured creditors, the fulcrum class, as a
whole in these cases.  Accordingly, the Committee believes the best
course of action would be to terminate exclusivity and allow the
Committee to propose a plan based on a transparent sale process
employing well-established procedures that will maximize value."

                    About Breitburn Energy

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

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

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

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


BRIAR HILL: Receiver Beyond Scope of Bankr. Court Authority
-----------------------------------------------------------
Judge Russ Kendig of the U.S. Bankruptcy Court for the Northern
District of Ohio denied in part and granted in part Debtors Briar
Hill Foods, LLC, et al.'s motion to excuse the state court
receiver's duty to turnover property of the estate and to allow the
state court receiver to remain in possession and management of the
property.

Debtors operated several grocery stores in multiple counties, as
well as a real estate holding company.  They borrowed money from
Huntington National Bank, which took a security interest in nearly
all of Debtors' assets.  The grocery stores ceased operations
months prior to filing.  Huntington filed foreclosure actions in
five counties and had a receiver appointed in each county.  To
facilitate the sale of Debtors' assets, Debtors filed a chapter 11
bankruptcy case on August 25, 2017.  The Debtors seek approval for
the receiver to retain the property and operate as a property
manager and unretained realtor and they have the support of
Huntington, Sanders Bros., and the US Trustee.

In a support document filed on Sept. 26, 2017, Debtors submitted
several orders from other cases that allowed a receiver to continue
in his role under the watchful eye of a bankruptcy court.  While
all of the orders reference section 543, not one addresses the
concerns highlighted by the court during the hearing that granting
these powers to a person that is not a chapter 11 trustee, not the
debtor-in-possession, and not a professional employed under the
code by Section 327 of the Bankruptcy Code is beyond the scope of
the bankruptcy court's authority.

The court says it cannot concoct procedures and rules to
accommodate a good result, especially when the means circumvent the
bankruptcy code.  The Bankruptcy Code provides that there is a
debtor in possession or a trustee. There is no alternative. It is
the Bankruptcy Code, not the Bankruptcy Suggestions. What it
appears everyone wants is the super release provisions of a
bankruptcy sale order without complying with the rest of the code.
The court declines the invitation to act in a legislative (and
management) capacity.

Thus, Judge Kendig thus orders that:

   -- Pursuant to Section 543(d)(1) of the Bankruptcy Code, the
Custodian is excused from complying with the turnover provisions of
Section 543(b) of the Bankruptcy Code through and including Oct.
27, 2017.

   -- The Custodian is authorized to remain in possession, control
and operation of the Receivership Property under the jurisdiction
of the Court and in accordance with the provisions of the
Bankruptcy Code through and including Oct. 27, 2017.

   -- The Custodian is further authorized to take possession,
control and operation of the Debtors' real and personal property
located at 12300 Columbiana Canfield Road, Alliance, Ohio 44601
(and collectively with the Receivership Property through and
including Oct. 27, 2017.

   -- The Custodian is authorized and directed to manage, maintain
and conserve the Properties and to demand, collect and receive rent
and profits arising from the Properties.

A full-text copy of Judge Kendig's Memorandum Opinion and Order
dated Sept. 29, 2017, is available at:

             http://bankrupt.com/misc/ohnb17-61892-74.pdf

                  About Briar Hill Foods

Briar Hill Foods, LLC, and several affiliates filed separate
voluntary petition for reorganization under Chapter 11 (Bankr. N.D.
Ohio Case No. 17-61892) on Aug. 5, 2017.  The other debtors are
Bias Realty, Ltd. (Bankr. N.D. Ohio Case No. 17-61893); Jack Coffy,
LLC (Bankr. N.D. Ohio Case No. 17-61894); CPW Properties, Ltd.
(Bankr. N.D. Ohio Case No. 17-61895); Thorne Management, Inc.
(Bankr. N.D. Ohio Case No. 17-61896).

At the time of filing, Briar Hill's estimated assets are $1 million
to $10 million and estimated debt is $10 million to $50 million.
Bias Realty's estimated assets are $500,000 to $1 million and
estimated debt is $1 million to $10 million.

Judge Russ Kendig presides over the cases.  

The Debtors are represented by Marc B. Merklin, Esq. at Brouse
McDowell, LPA, as their bankruptcy counsel.


BRINK'S CO: S&P Lowers Corp. Credit Rating to 'BB+', Outlook Stable
-------------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on
U.S.-based cash-management services provider The Brink's Co. to
'BB+' from 'BBB-'. S&P said, "At the same time, we lowered our
issue-level rating on the company's $525 million revolving credit
facility to 'BB+' from 'BBB-' and assigned a recovery rating of
'3', indicating meaningful recovery (50%-70%; rounded estimate:
60%) in the event of a default. The rating on the $525 million
revolver is based upon the current capital structure and does not
reflect the proposed $1 billion secured credit facility and $500
million secured term loan. We expect to withdraw this rating when
the company enters into its proposed $1 billion secured credit
facility and $500 million secured term loan, which will replace the
rated credit facility.

"In addition, we removed these ratings from CreditWatch, where they
were placed with negative implications on July 14, 2017.

"We are also assigning a 'BB' issue-level rating to the company's
proposed $500 million senior unsecured notes based on the proposed
capital structure that will consist of the new credit facility,
term loan, and unsecured notes. The recovery rating is '5',
indicating modest recovery (10%-30%; rounded estimate: 15%) in the
event of a default."

Brinks acquired Maco of Argentina for approximately $209 million in
July 2017, and it is in the process of acquiring Temis of France
for approximately $71 million. Both of the acquisitions were
primarily debt-financed. While both will bolster the company's
revenue and earnings, this will be more than offset by the
incremental debt, which will result in weaker credit metrics.

S&P said, "We expect the company's adjusted funds from operations
(FFO)-to-debt ratio to decline to about 26% at the end of 2017 from
an already stretched 30.2% as of June 30, 2017, and to remain
relatively consistent through 2018. The company also has
off-balance-sheet liabilities, including operating leases, that we
treat as debt.

"The outlook is stable. Over the next year, we expect Brink's
credit metrics to remain relatively consistent, with incremental
debt from previously announced and potential acquisitions
offsetting increased revenues and earnings. We expect the company's
FFO to debt to remain in the mid-high 20% area and debt to EBITDA
in the high 2x area through 2018.

"Although unlikely, we could lower our rating on Brink's over the
next year if the company's FFO-to-debt ratio falls below 20% and we
believe this metric will remain at this level for an extended
period. This could occur if, for example, the company pursues
further debt-financed acquisitions or its revenues and earnings are
weaker than expected due to a decline in demand or unfavorable
currency fluctuations.

"Although also unlikely, we could raise our rating on Brink's over
the next year if the company's debt leverage and credit metrics
improve more quickly than we expect due to a significant increase
in end-market demand or a significant increase in earnings from
operational initiatives. Specifically, the company would have to
sustainably improve its FFO-to-debt ratio above 30%."


BRUGNARA PROPERTIES: Unsecureds To Be Paid in Full in 60 Days
-------------------------------------------------------------
Brugnara Properties VI filed with the U.S. Bankruptcy Court for the
Northern District of California a disclosure statement dated Sept.
20, 2017, referring to the Debtor's plan of reorganization.

Class 8 Unsecured Claims are impaired by the Plan.  The Debtor's
unsecured claims total $4,500.  Those claims would be paid in full
within 60 days of the Effective Date of the Plan through a cash
infusion from the Debtor's principal.

The source of the funds to repay the secured claims will come from
either a refinance of the property or from cash infusion from the
owner's family members, including the sale of fine art by the
owner's son, Luke Brugnara II, but also from cash infusion by the
owner's husband, Luke Brugnara, who has been successfully raising
capital for all Brugnara Property entities for the past 25 years.
In Mr. Brugnara's Federal Court tax case, WHA-0222, the IRS
testified that Luke Brugnara made between $1M and $103M per year
over the past 20 years.  When Mr. Brugnara returned from La Tuna
prison in 2012 he arranged for the payoff of an $11M second trust
deed on Sea Cliff from PEM Group, and also successfully paid off
that loan in 2013.

Mr. Brugnara is scheduled to be released from his current
incarceration within the next year, and will be able to raise the
money needed to make the payments required under the Plan.  Luke
Brugnara will be able to refinance the existing to the subordinate
lenders as he has done successfully on much greater subordinate
debt on Sea Cliff for over 15 years.  Luke Brugnara has borrowed
over $1.3 Billion from his private lenders which loans have been
repaid.

A copy of the Debtor's Disclosure Statement is available at:

           http://bankrupt.com/misc/canb17-30501-59.pdf

                  About Brugnara Properties VI

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

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

Judge Hannah L. Blumenstiel presides over the case.

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

Ruth Elin Auerbach, Esq., who has an office in San Francisco,
California, serves as the Debtor's legal counsel.


CADIZ INC: Agrees to Settle Dispute with MSD Master for $3.3M
-------------------------------------------------------------
Cadiz Inc. and Cadiz Real Estate LLC entered into a settlement
agreement and release with MSD Master Credit Opportunity Fund,
L.P., Milfam II L.P. and WPI-Cadiz Farm CA, LLC pursuant to which
the Company agreed to issue an aggregate of 264,096 shares of the
Company's common stock, par value $0.01 per share, with an
aggregate value of $3,301,183 in connection with the settlement of
certain disputes related to the delivery of a notice of prepayment
pursuant to that that certain Amended and Restated Credit
Agreement, dated as of Oct. 30, 2013, by and among Cadiz, the
Lenders and Wells Fargo Bank, National Association, as
administrative agent.  

Effective upon the delivery of the Shares, the outstanding warrants
A-1, A2 and A-3 registered in the name of the Lenders and pursuant
to which the Lenders had the right to purchase up to 357,500 shares
of the Company's Common Stock may not be exercised and will be
deemed cancelled and retired on the books and records of the
Company.  

Upon each Lender's receipt of the Shares, each Lender, on behalf of
their respective agents, employees, representatives, assignors,
insurers, heirs and assigns will release the Cadiz Parties from any
and all charges, complaints, claims, causes of action, liabilities
of any kind, rights, obligations, accountings or damages arising
from the Credit Agreement and all amendments thereto, the Payoff
Agreement, the loans evidenced by the Credit Agreement, the
Warrants, or the referenced dispute that may have existed on or
before the Effective Date.  In addition, Cadiz, and each of them,
on behalf of themselves and their respective agents, employees,
representatives, assignors, insurers, heirs and assigns, will each
release the Lender Parties from any and all charges, complaints,
claims, causes of action, liabilities of any kind, rights,
obligations, accountings or damages arising from the Credit
Agreement and all amendments thereto, the Payoff Agreement, the
loans evidenced by the Credit Agreement, the Warrants, or the
referenced dispute that may have existed before the Effective
Date.

In accordance with the terms of the Settlement Agreement, the
Shares are being issued pursuant to the Company's registration
statement on Form S-3 (Registration Statement No. 333-214318)
previously filed with the Commission and declared effective
Nov. 14, 2016, and a related prospectus supplement filed with the
Commission.

                           About Cadiz

Cadiz Inc. is a land and water resource development company with
45,000 acres of land in three areas of eastern San Bernardino
County, California.  Virtually all of this land is underlain by
high-quality, naturally recharging groundwater resources, and is
situated in proximity to the Colorado River and the Colorado River
Aqueduct, a major source of imported water for Southern California.
The Company's properties are suitable for various uses, including
large-scale agricultural development, groundwater storage and water
supply projects.  The Company's main objective is to realize the
highest and best use of its land and water resources in an
environmentally responsible way.

Cadiz reported a net loss and comprehensive loss of $26.33 million
on $412,000 of total revenues for the year ended Dec. 31, 2016,
compared to a net loss and comprehensive loss of $24.01 million on
$304,000 of total revenues for the year ended Dec. 31, 2015.

As of June 30, 2017, the Company had $72.21 million in total
assets, $142.9 million in total liabilities and a total
stockholders' deficit of $70.66 million.


CAROLINA MOLD: Allowed to Use Cash to Defray October 2017 Expenses
------------------------------------------------------------------
Judge Benjamin Kahn of the U.S. Bankruptcy Court for the Middle
District of North Carolina signed a sixth interim cash collateral
order, authorizing Carolina Mold & Machining, Inc., to use cash
collateral for its ordinary and reasonable operating expenses
pursuant to the budget until Oct. 31, 2017.

The Debtor owes approximately $505,000 to Patsy Marion pursuant to
a Promissory Note, which is secured by the Debtor's inventory,
equipment and accounts pursuant to a Security Agreement.  Patsy
Marion is the wife of the majority shareholder of the Debtor,
Rodney Marion and as such is considered an insider pursuant to the
Bankruptcy Code.

Prepetition the Debtor became indebted to the Internal Revenue
Service for unpaid taxes and filed two Notices of Liens with the
North Carolina Secretary of State against the Debtor.  The Notice
of Liens against the Debtor states indebtedness is owed to the IRS
in the amount of $885,881, which is secured by any personal
property, including general intangibles, owned by the Debtor.

The Debtor also has a lease with Direct Capital Corporation for an
article of equipment used in the Debtor's business, more
particularly described as a GF Agie Charmilless FO350, SP.  The
term of the lease is for 60 months with a monthly payment of $2,965
and an end of lease purchase option of $1.  As of the Petition
Date, the amount remaining owed under the terms of the lease is
approximately $55,000.  The Debtor contends that the Fair Market
Value of the Equipment is $125,000.

Patsy Marion, Direct Capital and the IRS are each granted a
postpetition replacement lien in the Debtor's postpetition property
of the same type which secured their respective indebtedness
prepetition, with such liens having the same validity, priority,
and enforceability as they had against the same type of such
collateral as of the Petition Date.  The postpetition liens and
security interests provided will be subordinate to Trailing
Expenses.

The Debtor is directed to make monthly adequate protection payments
to Direct Capital in the amount of $1,400, as well as to the IRS in
the amount of $5,500.

In addition, Direct Capital will be entitled to $4,000 in allowed
expenses, which amount will be added to its claim to cover all
attorney fees incurred, or to be incurred, except any actions
pursuant to objections to the confirmation of the plan of
reorganization

The Debtor will also keep all its personal property insured for no
less than the amounts of the prepetition insurance.  The Debtor was
required to pay all applicable insurance premiums, taxes, and other
governmental charges as they become due, and will make all tax
deposits and file all applicable tax returns on a timely basis.

The Debtor is also directed to submit to the Bankruptcy
Administrator, the IRS and Counsel for Patsy Marion monthly reports
of operations and cash flow.

A full-text copy of the Sixth Interim Order, dated Oct. 3, 2017, is
available at https://is.gd/vFzcQf

                      About Carolina Mold

Carolina Mold and Machining, Inc., was founded in 1994 by Rodney
Marion and James Hoague.  Originally Carolina Mold was a mold
manufacturer, mold repair and mold modification facility.  As the
industry changed, most new molds are being built offshore. As such
the business has changed to mostly service repairs and engineering
changes, while still manufacturing some new molds.  The company's
financial situation stems from Rodney Marion turning over the day
to day operations of the business to his son.  This has caused the
Company to fall significantly behind on taxes due to the Internal
Revenue Service.  Rodney Marion is currently in charge of all
operations and as such the business is improving to the point
necessary to be profitable.

Carolina Mold & Machining, Inc., sought protection under Chapter 11
of the Bankruptcy Code (Bankr. M.D.N.C. Case No. 17-10001) on Jan.
1, 2017.  Rodney Marion, president, signed the petition.

The Debtor disclosed $660,978 in assets and $1.48 million in
liabilities.

The Debtor is represented by Dirk W. Siegmund, Esq., at Ivey,
McClellan, Gatton & Siegmund, LLP.  

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


CASHMAN EQPT: Oct. 11 Non-Evidentiary Hearing on Sale of Vessels
----------------------------------------------------------------
Judge Melvin S. Hoffman of the U.S. Bankruptcy Court for the
District of Massachusetts held an evidentiary hearing on Cashman
Equipment Corp.'s sale of vessels free and clear of liens in the
ordinary course of business.

Objections to the said sale have been filed by Citizens Asset
Finance, Inc. and Rockland Trust Company.

A further non-evidentiary hearing is set for Oct. 11, 2017, at
12:30 p.m.  A further hearing at which the Court will take evidence
if necessary will be held on Oct. 23, 2017, at 10:00 a.m.

                 About Cashman Equipment Corp.

Headquartered in Boston, Massachusetts, Cashman Equipment Corp. --
http://4barges.com/-- was founded in 1995 as a barge rental and
marine contracting company with a fleet of 10 barges, 9 of which
were built in the 1950s and 1960s. Cashman Equipment and certain of
its affiliates and subsidiaries own, operate, rent, and sell a
fleet of vessels, including inland and ocean barges, marine
accommodation barges, specialized oil spill recovery barges, and
tugs, as well as marine equipment, such as cranes, accommodation
units, and marine pollution skimmers.

Cashman Equipment and certain of its affiliates and subsidiaries,
Cashman Scrap & Salvage, LLC, Servicio Marina Superior, LLC, Mystic
Adventure Sails, LLC, and Cashman Canada, Inc., filed bare-bones
Chapter 11 petitions (Bankr. D. Mass. Lead Case No. 17-12205) on
June 9, 2017.  The petitions were signed by James M. Cashman, the
Debtors' president.  Mr. Cashman also commenced his own Chapter 11
case (Bankr. D. Mass. Case No. 17-12204).  The cases are jointly
administered.

Cashman Equipment estimated its assets and debt at between $100
million and $500 million.

Judge Melvin S. Hoffman presides over the cases.

Harold B. Murphy, Esq., and Michael K. O'Neil, Esq., at Murphy &
King, Professional Corporation, serve as Cashman Equipment, et
al.'s counsel.  Jeffrey D. Sternklar, Esq., at Jeffrey D. Sternklar
LLC, serves as Mr. Cashman's counsel, according to Mr. Cashman's
petition.

An official committee of unsecured creditors has been appointed in
the case and is represented by Michael J. Fencer, Esq., and John T.
Morrier, Esq., at Casner & Edwards, LLP.


CATALENT PHARMA: Moody's Rates New Secured Loans 'Ba3'
------------------------------------------------------
Moody's Investors Service assigned a Ba3 rating to Catalent Pharma
Solutions, Inc.'s new senior secured credit facilities. There is no
change to the B1 Corporate Family Rating (CFR), B1-PD Probability
of Default Rating (PDR), or B3 rating on the senior unsecured
notes. The Speculative Grade Liquidity Rating of SGL-1 also remains
unchanged. The outlook is stable.

The new senior secured credit facilities include a $200 million
revolving credit facility expiring in 2022 and roughly $1.6 billion
in term loan debt due 2024. The new facilities will extend the
tenor of Catalent's senior secured credit facilities by three
years. This will reduce refinancing risk as Catalent moves to
integrate Cook Pharmica, its largest acquisition to date.

Ratings assigned:

Catalent Pharma Solutions, Inc.

Senior secured Revolving credit facility expiring 2022 at Ba3 (LGD
3)

Senior secured term loans due 2024 at Ba3 (LGD 3)

Ratings unchanged:

Catalent Pharma Solutions, Inc.

Corporate Family Rating at B1

Probability of Default Rating at B1-PD

Senior unsecured notes due 2024 at B3 (LGD 6)

Speculative Grade Liquidity Rating at SGL-1

Ratings unchanged that Moody's expects to withdraw upon close:

Catalent Pharma Solutions, Inc.

Senior secured revolving credit facility expiring 2019 at Ba3 (LGD
3)

Senior secured term loans due 2021 at Ba3 (LGD 3)

The outlook is stable.

RATINGS RATIONALE

Catalent's B1 rating is constrained by its relatively high
financial leverage and modest free cash flow. The rating is also
constrained by volatility inherent in the pharmaceutical contract
manufacturing industry. Lost revenue when customers' drugs become
generic, pricing pressure exerted by large clients, and high fixed
costs can create volatility in net profit and cash flows. The
rating is supported by Moody's expectation that Catalent will
benefit over the next 2-3 years as more drugs coming to market
require more complex dosage solutions. In addition, Moody's
acknowledges Catalent's push into more stable, albeit lower margin,
businesses such as consumer and animal health. The rating is also
supported by Catalent's good scale and leading market position in
the development and manufacturing of softgels and other oral drug
delivery technologies. The company also maintains a diversified
customer base and commands a large library of patents, know-how,
and other intellectual property that raise barriers to entry and
enhance margins. These factors help mitigate the volatility created
by the inherent industry challenges discussed above.

The stable rating outlook reflects Moody's expectation that
leverage will show moderate improvement over the next 12-18 months
as previously soft businesses, such as modified release
technologies and pre-filled syringes, stabilize and begin to grow
again. In addition, Moody's expects new product lines, such as
animal health and biologics, to help Catalent's growth.

The Speculative Grade Liquidity Rating of SGL-1 reflects Moody's
expectation that Catalent's liquidity will remain very good over
the next 12 to 18 months. Catalent's liquidity will be supported by
free cash flow in excess of $150 million over the next year, a
strong cash balance ($288 million as of June 30, 2017), and $188
million of availability under its $200 million revolver.

The ratings could be upgraded if Catalent reduces financial
leverage such that its debt to EBITDA approaches 4.0 times.
Successful integration of acquisitions and organic growth that
results in increased scale and improved business line diversity,
including reduced concentration in softgels, would also support an
upgrade.

The ratings could be downgraded if Moody's expects Catalent's
financial leverage to be sustained above 5.5 times. The ratings
could also be downgraded if Catalent's earnings deteriorate or if
the company adopts a more aggressive acquisition strategy.

Catalent Pharma Solutions, Inc. ("Catalent"), based in Somerset,
New Jersey, is a leading provider of development solutions and
advanced delivery technologies for drugs, biologics and consumer
health products. These include the company's formulation,
development and manufacturing of softgels and other products for
the prescription, consumer, and animal health industries. The
company reported revenue of approximately $2.1 billion for the
twelve months ended June 30, 2017.

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


CB URS HOLDINGS: S&P Assigns B Corp. Credit Rating, Outlook Stable
------------------------------------------------------------------
S&P Global Ratings assigned its 'B' corporate credit rating to CB
URS Holdings Corp. 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 $260 million
first-lien term loan due 2024. The '3' recovery rating indicates
our expectation for meaningful recovery (50%-70%; rounded estimate:
55%) in the event of a payment default.

"Our ratings on URS reflect the company's participation in the
highly fragmented, competitive, cyclical, and capital-intensive
trucking industry. The ratings also reflect the company's narrow
geographic focus in North America as it predominantly operates in
the U.S. Over the next couple of years, we believe that URS'
car-hauling volumes will increase gradually, supported by moderate
U.S. economic growth. We also believe that the company will
maintain debt-to-EBITDA of around 4x over the next 12 months.

"The stable outlook on URS reflects our belief that the company
will continue to gradually increase its market share in the
remarketed auto-hauling sector as its contribution from the new
auto-hauling market remains steady. We expect that the company will
moderately increase its EBITDA in line with our expectations while
maintaining debt leverage of around 4x and a FFO-to-debt ratio in
the mid-teens percent area over the next 12 months.

"While unexpected, we could lower our ratings on URS during the
next 12 months if its debt leverage increases above 6x or its FOCF
approaches zero. This could occur if there is a dramatic slowdown
in the auto-hauling market that weakens the company's pricing and
leads to the loss of some of its significant customers.

"Although unlikely in the next 12 months, we could raise our
ratings on URS if the company develops a stable operating track
record under Carlyle's ownership and we come to believe that its
new owner is committed to maintaining debt leverage of comfortably
below 4x and a FOCF-to-debt ratio of greater than 10%. We would
also need to believe that the risk of the company increasing its
adjusted debt-to-EBITDA above 5x is low."


CHIRAG PATEL: S. Patel Seeks Appointment of Chapter 11 Trustee
--------------------------------------------------------------
Suresh Patel filed a motion asking the U.S. Bankruptcy Court for
the District of New Jersey to direct the appointment of a Chapter
11 Trustee in the case of Chirag & Apeksha Patel.

On April 6, 2017, Chirag & Apeksha Patel filed a joint voluntary
petition seeking relief under Chapter 11 of Title 11 of the United
States Code in the U.S. Bankruptcy Court for the District of New
Jersey.

Suresh Patel is the 70% member of the five companies listed in
question 18 of the Statement of Financial Affairs filed with the
bankruptcy petition.

Suresh asserts there can be no dispute that cause exists to appoint
a Chapter 11 Trustee based upon the Debtors' failure to schedule
assets on schedule B of his petition; his false representation
regarding the transfer of the corporate interests in the statement
of financial affairs; his failure to present the offer to purchase
the assets to the Court or creditors; retention of counsel absent
court approval and the filing of a frivolous lawsuit.

Further, the appointment of a Chapter 11 Trustee is in the best
interest of the estate and the creditors. The Debtors have been in
bankruptcy for almost six months and have taken little or no action
to move this case towards the filing of a confirmable plan of
reorganization.

Attorney for Suresh Patel:

     Joseph M. Casello, Esq.
     COLLINS, VELLA & CASELLO, LLC

Chirag & Apeksha Patel filed for Chapter 11 bankruptcy protection
(Bankr. D.N.J. Case No. 17-17048) on April 6, 2017.


CIBER INC: Nov. 15 Liquidation Plan Confirmation Hearing
--------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court for the
District of Delaware issued an order approving the Disclosure
Statement explaining the Amended Chapter 11 Plan of Liquidation of
CMTSU Liquidation, Inc. fka CIBER, Inc., and its affiliates, and
scheduled a November 15, 2017 hearing to consider the Company's
Amended Chapter 11 Plan of Liquidation, with objections due by
November 1, 2017.

Class 3 General Unsecured Claims are impaired by the Plan.  In full
and final satisfaction, settlement, and release of and in exchange
for each allowed claim in Class 3, each holder will receive its pro
rata share of cash in the General Unsecured Claims Reserve;
provided, however, that each holder of an Allowed Class 3 Claim may
make the Class 3 Cash-Out Election on the holder's Class 3 Ballot
or upon allowance of the Class 3 Claim; provided, further, that a
holder of a Class 3 Claim will not be permitted to exercise the
Class 3 Cash-Out Election unless the holder votes to accept the
Plan.  Allowed General Unsecured Claims will not, except to the
limited extent provided in Article III of the Plan, include
interest attributable to or otherwise accrued during any period on
or after the Petition Date.  

Class 4, which consists of all Interests in CMTSU Liquidation,
Inc., is impaired by the Plan.  In full and final satisfaction,
settlement, and release of and in exchange for each Allowed
Interest in Class 4, each holder will be entitled to retain the
interests, which will entitle the holder to receive its pro rata
share of cash, if any, from the remaining funds.

The Plan provides for the distribution of all cash held by or for
the benefit of the Debtors on and after the Effective Date.  In
addition to cash on hand, the Debtors' property consists primarily
of: (a) the Debtors' rights under the purchase agreement and other
transaction documents, in each case in accordance with the terms of
the purchase agreement and any other transaction document, as
applicable; (b) the Debtors' rights with respect to any executory
contracts or unexpired leases identified on the contract assumption
schedule; (c) the Debtors' rights with respect to the insurance
policies, including the D&O Policies; and (d) the Debtors' rights
with respect to the Post-Effective Date Debtors' causes of action
and any proceeds generated therefrom.  

A copy of the Disclosure Statement is available at:

          http://bankrupt.com/misc/deb17-10772-639.pdf

                        About CIBER Inc.

CIBER, Inc. -- http://www.ciber.com/-- is a global information
technology consulting, services and outsourcing company.  CIBER,
Inc., and two other affiliates sought bankruptcy protection on
April 9, 2017 (Bankr. D. Del. Lead Case No. 17-10772).  The
petition was signed by Christian Mezger, chief financial officer.

The Debtors disclosed total assets of $334.2 million and total
liabilities of $171.9 million as of Sept. 30, 2016.

The Hon. Brendan Linehan Shannon presides over the case.

Morrison & Foerster LLP is the Debtors' lead bankruptcy counsel.
Polsinelli, PC, serves as co-counsel while Saul Ewing LLP serves as
local counsel.  The Debtors also hired Houlihan Lokey as investment
banker and financial advisor; Alvarez & Marsal North America, LLC,
as restructuring advisor; and Prime Clerk LLC as noticing and
claims agent.

An official committee of unsecured creditors has been appointed in
the Chapter 11 case.  The committee retained Perkins Coie, LLP, as
bankruptcy counsel; Shaw Fishman Glantz & Towbin LLC as co-counsel;
and BDO Consulting as financial advisor.


CIRCLE Z: Selling Pump Units 102, 107 and 108
---------------------------------------------
Circle Z Pressure Pumping, LLC, asks the U.S. Bankruptcy Court for
the Eastern District of Texas to authorize the sale of three pump
units: (i) Unit 102 - 2009 Galyean 8'6" W x 46' L Tri-Axle Pump
Trailer, VIN 1G9DD46229H017201, to Webbtex, LLC for $150,0000; and
(ii) Unit 107 – 1980 Phelan 8'6" W x 36' L Tandem Axle Pump
Trailer VIN TM1TW25781; and (iii) Unit 108 – 2001 Towway 8'6" W x
34' L Tandem Axle Pump Trailer VIN 1F9GS3432711239100 to qualified
buyers.

Objections, if any, must be filed within 21 days from the date of
service.

The Debtor owns the three Pump Units.

Unit 102 is with 2011 Gardner Denver C-2250 Triplex Pump S/N
G001834 with fluid end p/b Detroit 12V4000 diesel engine S/N
5262003950 with hydraulic starter, horizontal cooler, Allison
transmission, Rolligon controls, hydraulic pumps, two fuel tanks,
one hydraulic tank, manual landing gear, air ride, air brakes,
11R24.5 tires, 10-hole Budd wheels, TX X86-450.

Unit 107 is with Gardner Denver C-2250 Triplex Pump S/N G000163-1X
with fluid end p/b Detroit 16V4000 diesel engine S/N 33150378 with
hydraulic starter, vertical cooler, twin disc transmission,
Rolligon controls, hydraulic pumps, two fuel tanks, one hydraulic
tank, manual landing gear, air ride, air brakes 11R22.5 tires,
10-hole Budd wheels, TX X86-532.

Unit 108 is with OFM Quintuplex Pump p/b Detroit 16V4000 diesel
engine with hydraulic starter, vertical cooler, twin disc TA90
transmission S/N 3L0949, Rolligon controls, NU-FLO MCII flow
analyzer, Wagner 15,000 psi gauge, hydraulic pumps, two fuel tanks,
one hydraulic tank, manual landing gear, air ride, air brakes
75R22.5 tires, 10-hole Budd wheels, TX 030-B085 (missing fluid pump
end).

BancorpSouth Bank holds a first and valid security interest in Pump
Units 102, 107, and 108 described.  Austin Bank holds a second and
valid security interest in said Pump Units.  Rusk County, Texas
(collecting for the Tatum Independent School District) and Panola
County, Texas (collecting for all other taxing entities assessing
taxes on said Pump Units) hold statutory tax liens to secure the
collection of due and unpaid property taxes assessed against said
Pump Units.

The claim of BancorpSouth Bank secured by its lien against said
Pump Units is approximately $1,291,807.  According to its proof of
claim filed in this case, the tax liens asserted by Rusk County,
Texas against all personal property of the Debtor total $169,991.


According to its proof of claim filed in this claim, the tax liens
asserted by Panola County, Texas against personal property of the
Debtor total $108,223.  The values of the Pump Units proposed for
sale do not exceed the claims of BancorpSouth Bank, Panola County,
and Rusk County.

By order dated Aug. 21, 2017, the Court terminated the automatic
stay against said the Pump Units and other collateral of
BancorpSouth Bank.  However, under the terms of the order,
BancorpSouth Bank did not take possession of the property affected
by the termination of the stay and allowed Debtor to remain in
possession of such property under the terms of an agreement entered
into with guarantors of the Debtor's debt to BancorpSouth.  The
agreement contemplated that Debtor would continue to solicit a
purchaser or purchasers for the bank's collateral.

Webbtex, 7324 Gaston Ave., Ste. 124-420, Dallas, Texas 75215 has
agreed to purchase Pump Unit 102 described for the amount of
$150,000.  In addition, with the consent of BancorpSouth Bank, the
Debtor asks authority to sell Pump Units 107 and 108.  The Debtor
reasonably believes that each pump unit has a value of
approximately $50,000.

Upon information and belief, the Debtor believes the various
secured creditors holding liens against the Pump Units will all
consent to the sale of Pump Unit 102 to Webbtex and to sell Pump
Units 107 and 108 to qualified buyers approved by the secured
creditors, such sales to be free and clear of all liens,
encumbrances, claims, and interests, with their interests attaching
to the proceeds of the sale.

The Debtor proposes to make such sales according to the terms of
the Court's Order of Sept. 13, 2017, to deposit all sales proceeds
into the DIP escrow account approved by that Order, and to provide
a carve-out from the proceeds of the administrative fees of the
United States Trustee which would become due as a result of the
receipt of such proceeds.  The sales proceeds, when applied against
existing liens after the carve-out for United States Trustee fees,
will not leave any amount for the payment of other administrative
expenses or unsecured claims.

The Debtor asks that the Court waives the 14-day stay under
Bankruptcy Rule 6004(h).  Due to the need expressed by Webbtex for
Pump Unit 102, the Debtor desires to be able to close the sale as
soon as possible after the entry of the order authorizing the sale
of the Pump Units.

                About Circle Z Pressure Pumping

Circle Z Pressure Pumping, LLC, renders services in the hydraulic
fracturing of formations to enhance the recovery of oil and gas.
Circle Z was originally formed in Texas in 2009.  Its corporate
headquarters and home office is located in Longview, Panola County,
Texas.  Its managing member, David Powell, has been with the
Company since it was formed.

Circle Z Pressure Pumping filed a Chapter 11 petition (Bankr. E.D.
Tex. Case No. 16-60633) on Oct. 11, 2016.  The petition was signed
by David Powell, member.  The Debtor estimated assets and debt of
$10 million to $50 million at the time of the filing.  The Debtor
is represented by Michael E. Gazette, Esq., at the Law Offices of
Michael E. Gazette.  

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


COLORADO PROPERTY: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Colorado Property Repair, LLC.


                  About Colorado Property Repair

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


COMPARK BUSINESS: S&P Rates 2017 GO Refunding Bonds 'BB+'
---------------------------------------------------------
S&P Global Ratings assigned its 'BB+' long-term rating to Compark
Business Campus Metropolitan District, Colo.'s series 2017 general
obligation (GO) refunding bonds. The outlook is stable.  Bond
proceeds will be used to refund the district's outstanding series
2007 bonds and extend the final maturity to 2051 from 2034.

"The GO rating reflects our view of the district's concentrated and
primarily commercial tax base, growing status of development, and
high overall debt burden with a slow amortization schedule," said
S&P Global Ratings credit analyst Kaila Spalinger.

S&P said, "The stable outlook reflects our view of the district's
adequate available reserves and coverage levels and lack of
additional debt plans. Precluding the district from an
investment-grade rating is our view of the district's concentrated
tax base and growing status of development. We do not anticipate
changing the rating during the two-year outlook horizon.

"We could lower the rating should tax base growth begin to taper,
resulting in declines or stagnation in assessed values, or if the
district were to issue additional debt, increasing its already high
debt burden.

"Should the district's tax base diversify substantially, or if the
district's debt burden were to decrease to levels comparable with
those of higher-rated peers, we could consider raising the rating."


CONFIRMATRIX LABORATORY: Can Use Cash Collateral Until March 2018
-----------------------------------------------------------------
The Hon. Paul W. Bonapfel of the U.S. Bankruptcy Court for the
Northern District of Georgia signed a twelfth consent order,
authorizing Confirmatrix Laboratory, Inc. to use the cash
collateral of SunTrust Bank.

Such authorization to use SunTrust Bank's cash collateral will
terminate on the earliest to occur of the close of business on
March 31, 2018, or upon entry of additional order modifying the
authorization regarding cash collateral.

The Debtor's use of cash collateral is restricted to payment only
of post-petition expenses specified in the budget in the ordinary
course of its business. The Debtor is also authorized and directed
to pay quarterly fees to the U.S. Trustee.

As of the Petition Date, the Debtor is indebted to the SunTrust
Bank in the amount of $4,000,000.  To secure payment of such
indebtedness, the Debtor grants SunTrust Bank a blanket security
interest in all assets of the Debtor but excluding the real
property pursuant to that certain Security Agreement.  As of Sept.
26, 2017, the Debtor has reduced SunTrust Bank's claim down to
approximately $537,077.

The Debtor and SunTrust Equipment Finance & Leasing Corp. were
parties to that certain Master Equipment Lease Agreement, by which
SunTrust Leasing provides five pieces of equipment under a capital
lease with the Debtor.  As of the Petition Date, the outstanding
balance under the Lease Agreement was $365,599.  Since the filing
of the bankruptcy petition, the Debtor has satisfied the SunTrust
Leasing Debt in full.

SunTrust Bank will be granted a continuing, additional,
first-priority replacement lien and security interest in and to all
assets of the Debtor as a condition of the Debtor's use of cash
collateral, and to the same extent of the validity and priority of
the prepetition liens granted to SunTrust Bank.  Furthermore, to
secure any diminution in the value of the collateral as it existed
on the Petition Date, the Debtor has granted SunTrust Bank a
first-priority lien in the Real Property which can only be enforced
or foreclosed upon if the SunTrust Bank's allowed claim in this
case remains unpaid.

In addition, SunTrust Bank will be entitled to an administrative
claim pursuant to Section 507(b) of the Bankruptcy Code to the
extent that any adequate protection provided for the Debtor's use
of the collateral and the cash collateral proves to be inadequate.

SunTrust Bank will have the right to inspect the Debtor's books and
records at the Debtor's offices or wherever the Debtor's records
are maintained. The Bank will also have the right to inspect the
collateral, the Debtor's business operations and the Debtor's place
of business and conduct any appraisals thereof.

Furthermore, the Parties agreed, among other things, that:

     (a) The Debtor will use its best efforts to continue marketing
the Real Property at a sale price satisfactory to the Bank and the
Debtor will pay to the Bank, up to the balance of the Bank's
claim.

     (b) The Debtor will deposit into the Operating Account
maintained at the Bank --  account ending No. 4929 -- all
collateral and all funds in all bank accounts, including all
products and proceeds thereof, which the Debtor had on hand as of
the Petition Date or which the Debtor received since the Petition
Date.

     (c) Every month until March 2018, the Debtor will furnish the
Bank (i) a status report on the Debtor's marketing efforts to sell
the Real Property; (ii) a rolling income and expense statement,
comparing actual income and expenses received and paid to date to
the projected income and expenses; and (iii) a report of amounts
receives on account of the NYX Collections as well as updates with
respect to outstanding accounts receivables. In December 2016, the
Debtor has engaged the services of NYX Health Recovery Services,
LLC to pursue collections of certain of the Debtor's aged accounts
receivable which constitute as a portion of Bank's collateral.

     (d) The Debtor will deposit the NYX Collections in the
Operating Account upon receipt thereof.  After payment of the fees
owed to NYX Health Recovery Services, in accordance with the
court-approved agreement, the Debtor will retain $85,000 from the
NYX Collections and/or sale of accounts receivable, and all amounts
in excess of $85,000 will be paid to the Bank up to the balance of
the Bank's claim.  

     (e) After the Debtor's receipt of $85,000 from the NYX
Collections and/or sale of accounts receivable, the Debtor will pay
to Bank the amount by which the actual cash balance at the end of
each month exceeds the cash balance as projected in the Budget on
such date.

     (f) The Debtor is allowed to retain and transfer to its
Counsel's Trust Account the amount of $30,000 of its budgeted legal
and professional fees designated for the payment of fees and
expenses incurred since the Petition Date to the Debtor's
professionals as approved by the Court pursuant to the Bankruptcy
Code.

A full-text copy of the 12th Consent Order, dated Sept. 27, 2017,
is available at https://is.gd/5I30HT

SunTrust Bank and SunTrust Leasing are represented by:

           Frank W. DeBorde, Esq.
           Morris, Manning & Martin, LLP
           1600 Atlanta Financial Center
           3343 Peachtree Road, N.E.
           Atlanta, Georgia 30326

                 About Confirmatrix Laboratory

Confirmatrix Laboratory, Inc., is a laboratory business focused on
toxicology and blood testing.  Its principal place of business is
located at 1770 Cedars Road, Suite 200, Lawrenceville, Gwinnett
County, GA 30045.

Confirmatrix Laboratory filed a Chapter 11 petition (Bankr. N.D.
Ga. Case No. 16-69934) on Nov. 4, 2016.  The petition was signed by
Ann B. Durham, CEO.  In its petition, the Debtor estimated $1
million to $10 million in both assets and liabilities.

William J. Boone, Esq., at James Bates Brannan Groover, LLP, serves
as bankruptcy counsel to the Debtor.  The Debtor employed Marvin H.
Willis and Smith & Howard, P.C. as its accountant.




CONSOLIDATED AEROSPACE: Moody's Affirms B3 Corporate Family Rating
------------------------------------------------------------------
Moody's Investors Service changed the outlook of Consolidated
Aerospace Manufacturing, LLC, to stable from negative.
Concurrently, Moody's affirmed the B3 Corporate Family Rating
(CFR), the B3 rating on the senior secured revolving and term loan
facilities, and the Caa1-PD Probability of Default Rating.

RATINGS RATIONALE

The stable outlook reflects Moody's expectation that recent
improvements in operating performance and strengthening earnings
will continue over the coming quarters. This is expected to support
a gradual improvement in CAM's credit profile and lower levels of
financial leverage.

The B3 corporate family rating (CFR) considers the company's small
scale, a high degree of customer concentration, and limited
operating history as a consolidated entity. Previous earnings
headwinds, primarily in the form of internal execution issues and
inventory destocking at key customers, have recently abated and
have allowed for an improved credit profile. Near-term pricing
pressures from large OEM customers have also subsided (several of
these contracts were renewed in 2016) although recent negotiations
with a large tier-one supplier will create some modest headwinds in
2018. Moody's expects favorable industry fundamentals along with
investments in new product development to support continued sales
and earnings growth and Moody's anticipates Debt-to-EBITDA (after
Moody's standard adjustments) comfortably below 5x by the end of
2017. The rating also considers CAM's fundamental reliance on
cyclical commercial aerospace markets (90% of sales) as well as the
company's relatively limited track record as a consolidated entity
and uneven historical operating results. Comparatively muted free
cash flow generation over the last few quarters (stemming from
capex investments and inventory build) along with very limited
availability under the revolving credit facility (due to a
springing financial covenant) act as tempering considerations.

The ratings could be upgraded if Debt-to-EBITDA were expected to be
sustained below 4.5x or if EBITDA margins were anticipated to
remain in the low-to-mid 20% range. Any upgrade would be contingent
on expectations of an improved liquidity profile with FCF-to-Debt
consistently in the mid-single digits while maintaining healthy
cash balances to offset the limited availability under the
revolver. Given the company's small size, Moody's would expects CAM
to maintain credit metrics that are stronger than levels typically
associated with companies at the same rating level.

An expectation of Debt-to-EBITDA exceeding 6.5x could result in a
downgrade. A declining liquidity profile such that free cash flow
generation was expected to be flat-to-modestly positive or
declining cash balances could also result in a downgrade. Internal
execution issues or rising past dues or meaningfully leveraging M&A
transactions could also result in a downgrade.

The following reflects rating actions:

Issuer: Consolidated Aerospace Manufacturing, LLC

Outlook changed:

Rating Outlook, to Stable from Negative

Ratings affirmed:

Corporate Family Rating, B3

Probability of Default Rating, Caa1-PD

$25 million senior secured revolving credit facility due 2020,
affirmed B3 (LGD3)

$240 million senior secured term loan due 2022, affirmed B3 (LGD3)

Consolidated Aerospace Manufacturing, LLC ("CAM") is a manufacturer
of aerospace fasteners, fittings, and other aerospace parts and
components. CAM serves commercial aerospace, defense and industrial
end-markets. The company was founded in 2012, is headquartered in
Brea, California and is a portfolio company of Tinicum L.P., an
investment partnership managed by Tinicum Incorporated. Sales for
the twelve months ended June 2017 were $230 million.

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


CONSTELLATION ENTERPRISES: Case Converted Into Ch. 7 Proceeding
---------------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court issued a
revised order converting Constellation Enterprises' Chapter 11
reorganization case to a liquidation under Chapter 7.  The order
states, "The Debtors' chapter 11 cases shall be converted to cases
under chapter 7 of the Bankruptcy Code, effective on October 2,
2017 at 5pm. (the 'Conversion Date').  The U.S. Trustee is hereby
directed to appoint a chapter 7 trustee to oversee the Debtor's
chapter 7 bankruptcy cases."  As previously reported, the Company
sought conversion on the following grounds: "Conversion of these
cases to cases under chapter 7 is in the best interests of the
Debtors' estates.  As noted above, there are insufficient funds in
the estates or otherwise available to the estates to pay accrued
administrative expenses and the anticipated administrative expenses
that may be incurred if the Debtors remain in chapter 11 to
complete their wind-down and conclude their cases.  For example,
prior to the conclusion of these cases, the Debtors may need to,
among other things, (i) formulate agreed procedures to distribute
the funds in the Employee Funding Escrow and, if necessary, obtain
Court approval of such procedures, (ii) analyze and, if
appropriate, prosecute certain causes of action, including causes
of action arising under chapter 5 of the Bankruptcy Code, that
remained with the Debtors after the closing of the Sales, and (iii)
resolve the WARN Adversary.  The Debtors believe that a chapter 7
trustee can more affordably complete such tasks and effectively
bring these cases to their conclusion."

                About Constellation Enterprises

Constellation Enterprises LLC manufactures custom engineered metal
components for various end markets such as rail transportation, oil
and gas, general industrial, nuclear, aerospace, and small gas
engine markets.  The company was incorporated in 1996 and is based
in Caldwell, Texas.

Constellation Enterprises and its affiliates filed for Chapter 11
bankruptcy protection (Bankr. D. Del. Lead Case No. 16-11213) on
May 16, 2016.  William Lowry, chief financial officer, signed the
petitions.

Constellation Enterprises estimated assets between $1 million and
$10 million and debt between $100 million and $500 million.

Adam C. Rogoff, Esq., and Joseph A. Shifer, Esq., at Kramer Levin
Naftalis & Frankel LLP serve as the Debtors' bankruptcy counsel.
Daniel J. DeFranceschi, Esq., Zachary I. Shapiro, Esq., Rachel L.
Biblo, Esq., and Joseph C. Barsalona II, Esq., at Richards, Layton
& Finger, P.A., serve as the Debtors' co-counsel.  Imperial
Capital, LLC, is the Debtors' financial advisor.  Conway Mackenzie
Management Services LLC is the Debtors' crisis management &
restructuring services provider.  Epiq Bankruptcy Solutions, LLC,
is the Debtors' claims and noticing agent.


CONSTRUTORA E INCORPORADORA: Chapter 15 Case Summary
----------------------------------------------------
Chapter 15 Debtor:        Construtora e Incorporadora
                          Atlantica Ltda.
                          939 Rua Conego Eugenio Leite, Pinheiro
                          Sao Paulo, Sao Paulo 05414
                          Brazil

Chapter 15 Case No.:      17-12787

Type of Business:         Construction

Chapter 15 Petition Date: October 3, 2017

Court:                    United States Bankruptcy Court
                          Southern District of New York
                         (Manhattan)

Judge:                    Hon. Stuart M. Bernstein

Chapter 15 Petitioner:    Eliza Fazan, legal representative of
                          Alta Administracao Judicial Ltda.
                          1353 Rua Vergueiro, Torre Sul, bjs.909
                          Sao Paulo, Sao Paulo 04101
                          Brazil

Foreign
Proceeding in
Which Appointment
of Foreign
Representative
Occurred:                 Case No. 1132473-02.2015.8.26-0100
  
Chapter 15 Petitioner's
Counsel:                  Eugene F. Getty, Esq.        
                          KELLNER HERLIHY GETTY
                          & FRIEDMAN, LLP
                          470 Park Avenue South
                          7th Floor North
                          New York, NY 10016
                          Tel: (212) 889-2821
                          Fax: (212) 684-6224
                          E-mail: efg@khgflaw.com

Estimated Assets: Unknown

Estimated Debts: Unknown

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

          http://bankrupt.com/misc/nysb17-12787.pdf


CONTEXTMEDIA HEALTH: S&P Alters Outlook to Neg. & Affirms 'B-' CCR
------------------------------------------------------------------
S&P Global Ratings revised its rating outlook on Chicago-based
digital media company ContextMedia Health LLC to negative from
stable and affirmed the 'B-' corporate credit rating on the
company.

S&P said, "At the same time, we affirmed our 'B-'issue-level
ratings on the company's senior secured $325 million term loan B
and $50 million revolving credit facility. The '3' recovery ratings
are unchanged, indicating our expectation for meaningful (50%-70%;
rounded estimate: 60%) recovery of principal for lenders in the
event of a payment default.

"The outlook revision reflects our expectation that ContextMedia's
free operating cash flow (FOCF) will remain negative in 2018 due to
increased operating costs as the company invests in the business at
a faster pace than revenue growth is being realized.  
Although we don't expect any liquidity shortfalls in 2018 due to
the large cash balance following an equity injection in the first
half of 2017, liquidity may become strained over the next 12-18
months if the company is unable to execute on its growth plan and
manage operating costs. Additionally, the company's adjusted
leverage increased significantly to the 14x area as of June 2017
from 9.4x at the end of 2016. Absent any material EBITDA growth
from the company's investments in its sales staff and strategy, we
expect leverage to remain elevated, which could result in a
downgrade of the company.

"The negative outlook reflects our expectation that ContextMedia's
FOCF will remain negative throughout 2017 and 2018 and its adjusted
leverage could remain elevated above 12x due to increased risk of
the company executing its aggressive growth plan following
slower-than-expected revenue growth and increasing costs.

"We could lower the corporate credit rating if the company's
weaker-than-expected operating performance continues, resulting in
sustained cash flow deficits, or if we expect cash balances and
revolver availability to fall below $75 million.

"Although unlikely over the next 12 months, we could raise the
rating if the company continues to grow and it is able to leverage
its operating costs in order to improve EBITDA margins, resulting
in positive FOCF and a material reduction in leverage."


CROCKETT COGENERATION: S&P Cuts $295MM Secured Notes Rating to BB+
------------------------------------------------------------------
S&P Global Ratings lowered the rating to 'BB+' from 'BBB-' on U.S.
electricity and steam generator Crockett Cogeneration L.P.'s
(Crockett) $295 million senior secured notes due March 30, 2025.
The recovery rating is '3' (60%), indicating the expectation for
meaningful recovery in a default. The outlook is negative.

"The rating action reflects our expectation of a weakening in the
project's financial performance based primarily on our view of a
decline in the market heat rate for short-run avoided cost
pricing," said S&P Global Ratings credit analyst Corinne Bendersky.
"SRAC pricing determines the price that Pacific Gas
and Electric Co. pays to Crockett for contracted energy revenues,"
Ms. Bendersky added.

The negative outlook reflects the risk of financial deterioration
from the project's exposure to SRAC for approximately 50% of
revenues from growing renewable penetration in the state.


CROSSROADS SYSTEMS: Completes Reorganization, Reports Q3 Results
----------------------------------------------------------------
Crossroads Systems, Inc., an intellectual property licensing
company, reported that the conditions to effectiveness of the
prepackaged plan of reorganization under Chapter 11 of the
Bankruptcy Code, as amended and approved by the United States
Bankruptcy Court, San Antonio, Texas, have occurred.  The Plan
Effective Date is October 3, 2017.

Key features of the plan include:

   -- 210/CRDS Investment LLC paid $4 million for 1,492,285 shares
of the company's new common stock, representing 49.5% of the
outstanding new common shares.

   -- Crossroads paid holders of Series F Convertible Preferred
Stock their pro rata share of $2,672,233.78.  They also received a
pro rata share of 241,182 shares of new common stock, representing
8% of the outstanding new common shares.  All shares of the
preferred stock have been cancelled.

   -- Existing stockholders of Crossroads' 1,281,259 common shares,
representing 42.5% of the company's new common stock, received one
share of new common stock in exchange for each share of old stock.
The exchange of shares is automatic and does not require
stockholder action.

   -- As a result of the share issuances and exchanges, there are
3,014,726 new common shares outstanding and no other classes of
equity or debt.

   -- All outstanding warrants, options, and restricted stock
awards have been cancelled.

   -- A $10 million line of credit with 210/CRDS Investment LLC is
available to make acquisitions of profitable companies.

   -- Hannah Bible and Don Pearce have resigned from the Board of
Directors and have been replaced by Robert Alpert and Clark Webb.
Claire Gogel has been elected to the Board of Directors and Robert
Alpert has been named Chairman of the Board.  Richard Coleman and
Robert Pearse remain on the Board.

   -- In connection with the restructuring, Crossroads Systems and
Oracle Corporation have settled all outstanding claims against each
other with prejudice.

   -- Pending regulatory clearance, Crossroads Systems, Inc. will
trade on the OTC Pink Sheets under the symbol CRDS.

   -- As of October 3, 2017, Crossroads has no debt and a cash
balance of approximately $1.3 million.

   -- In addition to seeking profitable acquisitions, Crossroads
will continue its patent monetization efforts.  Until such time as
the company can close an acquisition or succeed in monetizing its
patents, Crossroads expects to continue to operate at a loss.

Crossroads Systems also announced financial results for its fiscal
third quarter ended July 31, 2017 (Fiscal Q3 2017).  On March 22,
2016, Crossroads sold its product business to Canadian-based
StrongBox Data Solutions, Inc.  The presentation of the company's
quarterly financial results excludes product revenues and expenses,
which are now reflected as discontinued operations in the prior
periods.

Fiscal Q3 2017 Financial Results

Intellectual property ("IP") license revenue for the fiscal third
quarter was $19,000, compared to $57,000 in the same quarter a year
ago.  Gross profit was $14,000 or 74% of revenue, compared to
$34,000, or 60% of revenue, in the same quarter a year ago.

Fiscal Q3 2017 operating expenses decreased 35% to $771,000,
compared to $1.2 million in the same period a year ago.  The
decreases were primarily due to reduced litigation and employee
related expenses.

Fiscal Q3 2017 net loss available to common stockholders was
$(619,000) or $(0.50) loss per share, compared to a net loss
available to common stockholders of $(481,000) or $(0.39) loss per
share in the same quarter a year ago.

At July 31, 2017, cash, cash equivalents and restricted cash
totaled $1.3 million compared to $2.3 million at April 30, 2017.

Management Commentary

Richard K. Coleman, Jr., Executive Director at Crossroads Systems,
said, "210/CRDS Investment LLC's $4 million investment and $10
Million financing commitment provide a strong foundation for an
exciting future.  In addition to continuing our patent monetization
efforts, our near-term plan will be to identify and acquire a
profitable business."

"We are excited about our investment in Crossroads Systems," said
Robert Alpert, Managing Director of 210/CRDS Investment LLC and
Chairman of the Board of Crossroads Systems.  "We can now go about
the business of monetizing the company's IP, growing the company's
business, and creating shareholder value."

                   About Crossroads Systems

Crossroads Systems, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Tex. Case No. 17-51926) on Aug. 13,
2017.  Jennifer Crane, chief financial officer, signed the
petition.  At the time of the filing, the Debtor estimated assets
of less than $500,000 and liabilities of less than $50,000.  Judge
Ronald B. King presides over the case.  Eric Terry Law, PLLC,
serves as bankruptcy counsel to the Debtor.


CUSTOM FLATBED: Hires Thompson Accounting as Accountant
-------------------------------------------------------
Custom Flatbed Services, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Northern District of California to employ
Thompson Accounting as accountant.

The Debtor requires Thompson to assist on the Debtor's tax returns,
related tax issues, monthly operating reports and develop a Plan of
Reorganization.

Thompson will be paid at these hourly rates:

     Director                        $360-$400
     Staff Accountant                $150-$300
     Secretarial/Clerical            $100-$150

Thompson will charge a minimum of 2 hours for deposition and court
appearances at $400 per hour.

The Debtor paid a deposit to Thompson in the amount of $3,600.

Michael S. Thompson, CPA, of Thompson Accounting , assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Thompson may be reached at:

     Michael S. Thompson, CPA
     Thompson Accounting
     1783 Hester Avenue
     San Jose, CA 95128
     Tel: (408) 247-5253

                   About Custom Flatbed Services Inc.

Custom Flatbed Services, Inc. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. N.D. Cal. Case No. 17-51138) on May 12,
2017.  Jose Domiguez, president and CEO, signed the petition.

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

Judge M. Elaine Hammond presides over the case.


ENERGY FUTURE: Court to Review NextEra Termination Fee Order
------------------------------------------------------------
On July 29, 2017, Elliott Associates, L.P., Elliott International,
L.P., and The Liverpool Limited Partnership filed The Elliott
Funds' Motion to Reconsider in Part the Sept. 19, 2016, Order
Approving the NextEra Termination Fee in the amount of $275
million.

Debtors Energy Future Holdings Corp., et al., and NextEra objected
to the Motion to Reconsider.  On Sept. 19, 2017 (one year to the
day from entry of the Termination Fee Order), Judge Christopher
Sontchi of the U.S. Bankruptcy Court for the District of Delaware
held a hearing on the Motion to Reconsider on a stipulated record.
At the conclusion of the hearing, the Court provided a tentative
ruling granting the Motion to Reconsider subject to issuance of a
formal opinion and entry of an order.

The Court is taking the extraordinary step of reconsidering its
order entered over one year ago because its approval of the
Termination Fee was based upon a fundamental misapprehension of
critical facts.  The Court's misunderstanding was based upon
imprecise and incorrect testimony by the Debtors' witness,
incomplete responses by Debtors' counsel to questions by the Court
and conspicuous and unhelpful silence by the beneficiary of the
Termination Fee, NextEra.  However, the ultimate responsibility for
the Court's mistake lies with the Court itself.  The Court simply
missed the critical nuance between when the Termination Fee would
be payable and when it would not be.

In any event, had the Court properly understood the facts it would
not have approved the payment of the Termination Fee under the
present circumstances nor could it. Viewed at the time the
Termination Fee was approved, the fee did not satisfy the O'Brien
standard for payment of such fees because there could not be any
actual benefit to the Debtors' estate by payment of the fee. That
has been borne out by the actual circumstances at present. Indeed,
payment of the Termination Fee at this time would be extremely
harmful to the Debtors' estates.

The Court's misapprehension of the facts led to an incorrect
application of the legal standard. In short, the Court made a
manifest error of fact and law. As such, the Court must take the
extraordinary step, which it does not do lightly, of reconsidering
an order it entered over a year ago and upon which parties have
relied.

For these reasons, the Court grants the Motion for Reconsideration.
The parties are directed to submit proposed forms of order under
certification of counsel by no later than Oct. 10, 2017.

A full-text copy of Judge Sontchi's Opinion dated Oct. 3, 2017, is
available at:

     http://bankrupt.com/misc/deb14-10979-11998.pdf

Counsel for Elliot Associates, L.P., Elliott International, L.P.,
and the Liverpool Limited Partnership:

     Erin R. Fay
     Scott D. Cousins
     Evan T. Miller
     BAYARD, P.A.
     222 Delaware Avenue, Suite 900
     Wilmington, DE 19801
     efay@bayardlaw.com
     scousins@bayardlaw.com
     emiller@bayardlaw.com

            -and-

     Keith H. Wofford
     Gregg M. Galardi (Argued)
     ROPES & GRAY LLP
     1211 Avenue of the Americas
     New York, NY 10036-8704
     Keith.Wofford@ropesgray.com
     Gregg.Galardi@ropesgray.com

Co-Counsel to the Debtors and Debtors in Possession:

     Mark D. Collins
     Daniel J. DeFranceschi
     Jason M. Madron
     RICHARDS, LAYTON & FINGER P.A.
     920 North King Street
     Wilmington, DE 19801
     collins@rlf.com
     defranceschi@rlf.com
     madrons@rlf.com

           -and-

     Edward O. Sassower
     Stephen E. Hessler, P.C.
     Brian E. Schartz
     Aparna Yenamandra
     KIRKLAND & ELLIS LLP
     601 Lexington Avenue
     New York, NY 10022-4611
     edward.sassower@kirkland.com
     stephen.hessler@kirkland.com
     brian.schartz@kirkland.com
     aparna.yenamandra@kirkland.com

          -and-

     James H.M. Sprayregen
     Marc Kieselstein (Argued)
     Chad J. Husnick
     Steven N. Serajeddini
     KIRKLAND & ELLIS INTERNATIONAL LLP
     300 North LaSalle
     Chicago, IL 60654
     james.sprayregen@kirkland.com
     marc.kieselstein@kirland.com
     chad.husnick@kirkland.com
     steven.serajeddini@kirland.com

Counsel to NextEra Energy, Inc.:
     
     Adam G. Landis
     Matthew B. McGuire
     Joseph D. Wright
     LANDIS RATH & COBB LLP
     919 Market Street, Suite 1800
     Wilmington, DE 19801
     landis@lrclaw.com
     mcguire@lrclaw.com
     wright@lrc.law.com

          -and-

     Dan K. Webb (Argued)
     WINSTON & STRAWN LLP
     35 W. Wacker Drive
     Chicago, IL 60601-9701
     dwebb@winston.com

          -and-

     Thomas M. Buchanan
     1700 K Street, NW
     Washington, DC 20006
     tbuchanan@winston.com

          -and-

     Howard Seife
     NORTON ROSE FULBRIGHT US LLP
     1301 Avenue of the Americas
     New York, NY 10019-6022
     howard.seife@nortonrosefulbright.com
          
          -and-

     Rose Ball
     555 South Flower Street, 41st Floor
     Los Angeles, CA 90071

                   About Energy Future

Energy Future Holdings Corp., formerly known as TXU Corp., is a
privately held diversified energy holding company with a portfolio
of competitive and regulated energy businesses in Texas.  Oncor, an
80 percent-owned entity within the EFH group, is the largest
regulated transmission and distribution utility in Texas.  The
Company delivers electricity to roughly three million delivery
points in and around Dallas-Fort Worth.  EFH Corp. was created in
October 2007 in a $45 billion leverage buyout of Texas power
company TXU in a deal led by private-equity companies Kohlberg
Kravis Roberts & Co. and TPG Inc.

On April 29, 2014, Energy Future Holdings and 70 affiliated
companies sought Chapter 11 bankruptcy protection (Bankr. D. Del.
Lead Case No. 14-10979) after reaching a deal with some key
financial stakeholders to keep its businesses operating while
reducing its roughly $40 billion in debt.

The Debtors' cases have been assigned to Judge Christopher S.
Sontchi (CSS).

As of Dec. 31, 2013, EFH Corp. reported assets of $36.4 billion in
book value and liabilities of $49.7 billion.  The Debtors had $42
billion of funded indebtedness as of the bankruptcy filing.

EFH's legal advisor for the Chapter 11 proceedings is Kirkland &
Ellis LLP, its financial advisor is Evercore Partners and its
restructuring advisor is Alvarez & Marsal.  The TCEH first lien
lenders supporting the restructuring agreement are represented by
Paul, Weiss, Rifkind, Wharton & Garrison, LLP as legal advisor, and
Millstein & Co., LLC, as financial advisor.

The EFIH unsecured creditors supporting the restructuring Agreement
are represented by Akin Gump Strauss Hauer & Feld LLP, as legal
advisor, and Centerview Partners, as financial advisor.  The EFH
equity holders supporting the restructuring agreement are
represented by Wachtell, Lipton, Rosen & Katz, as legal advisor,
and Blackstone Advisory Partners LP, as financial advisor.  Epiq
Systems is the claims agent.

Wilmington Savings Fund Society, FSB, the successor trustee for the
second-lien noteholders owed about $1.6 billion, is represented by
Ashby & Geddes, P.A.'s William P. Bowden, Esq., and Gregory A.
Taylor, Esq., and Brown Rudnick LLP's Edward S. Weisfelner, Esq.,
Jeffrey L. Jonas, Esq., Andrew P. Strehle, Esq., Jeremy B. Coffey,
Esq., and Howard L. Siegel, Esq.

On May 13, 2014, the U.S. Trustee appointed the Official Committee
of TCEH Unsecured Creditors in the Chapter 11 Cases.  The TCEH
Committee is composed of (a) the Pension Benefit Guaranty
Corporation; (b) HCL America, Inc.; (c) BNY, as Indenture Trustee
under the EFCH 2037 Notes due 2037 and the PCRBs; (d) LDTC, as
Indenture Trustee under the TCEH Unsecured Notes; (e) Holt Texas
LTD, d/b/a Holt Cat; (f) ADA Carbon Solutions (Red River); and (g)
Wilmington Savings, as Indenture Trustee under the TCEH Second Lien
Notes.  The TCEH Committee retained Morrison & Foerster LLP as
counsel; Polsinelli PC as co-counsel and conflicts counsel; Lazard
Freres & Co. LLC as investment banker; FTI Consulting, Inc. as
financial advisor; and Charles River Associates as an energy
consultant.

On Oct. 27, 2014, the U.S. Trustee appointed the Official Committee
of Unsecured Creditors representing the interests of the unsecured
creditors for EFH, EFIH, EFIH Finance, and EECI, Inc.  The EFH/EFIH
Committee is composed of (a) American Stock Transfer & Trust
Company, LLC; (b) Brown & Zhou, LLC c/o Belleair Aviation, LLC; (c)
Peter Tinkham; (d) Shirley Fenicle, as successor-in-interest to the
Estate of George Fenicle; and (e) David William Fahy.  The EFH/EFIH
Committee retained Montgomery, McCracken, Walker & Rhodes, LLP, as
co-counsel and conflicts counsel; AlixPartners, LLP, as
restructuring advisor; Sullivan & Cromwell LLC as counsel;
Guggenheim Securities as investment banker; and Kurtzman Carson
Consultants LLC as noticing agent for both the TCEH Committee and
the EFH/EFIH Committee.

Given the size and complexity of the Chapter 11 Cases, the U.S.
Trustee proposed, and the Debtors and the TCEH Committee agreed, to
recommend that the Bankruptcy Court appoint a committee to, among
other things, review and report as appropriate on fee applications
and statements submitted by the professionals paid for by the
Debtors' Estates.  The Fee Committee is comprised of four members:
(a) one member appointed by and representative of the Debtors
(Cecily Gooch, Vice President and Special Counsel for
Restructuring, Energy Future Holdings); (b) one member appointed by
and representative of the TCEH Creditors' Committee (Peter Kravitz,
Principal and General Counsel, Province Capital); (c) one member
appointed by and representative of the U.S. Trustee (Richard L.
Schepacarter, Trial Attorney, Office of the United States Trustee);
and (d) one independent member (Richard Gitlin, of Gitlin and
Company, LLC).   The Fee Committee retained Godfrey & Kahn, S.C. as
counsel; and Phillips, Goldman & Spence, P.A. as co-counsel.

                          *     *     *

On Aug. 29, 2016, Judge Sontchi confirmed the Chapter 11 exit Plans
of two of Energy Future Holdings Corp.'s subsidiaries, power
generator Luminant and retail electricity provider TXU Energy Inc.
(the "T-Side Debtors").  The Plan became effective on Oct. 3,
2016.

On Aug. 20, 2017, Sempra Energy (NYSE: SRE) announced an agreement
to acquire Energy Future Holdings, the indirect owner of 80 percent
of Oncor Electric Delivery Company, LLC, operator of the largest
electric transmission and distribution system in Texas.  Under the
agreement, Sempra Energy will pay approximately $9.45 billion in
cash to acquire Energy Future and its ownership in Oncor, while
taking a major step forward in resolving Energy Future's
long-running bankruptcy case.  The enterprise value of the
transaction is approximately $18.8 billion, including the
assumption of Oncor's debt.


ENVIVA PARTNERS: Fitch Assigns BB- First Time IDR; Outlook Stable
-----------------------------------------------------------------
Fitch Ratings has assigned a first-time long-term Issuer Default
Rating (IDR) of 'BB-' and senior unsecured rating of 'BB-/RR4' to
Enviva Partners, LP (EVA). The Rating Outlook is Stable.

The ratings reflect EVA's revenue stability under its long-term
contract profile, future growth opportunities associated with a
currently favorable regulatory environment, and supportive
development structure. EVA's contracts are primarily take-or-pay
and have a weighted average remaining term of 9.8 years as of the
second quarter of 2017 (2Q17), which Fitch expects to provide
earnings stability in the near term. Furthermore, Fitch believes
the regulatory environment in the jurisdictions that EVA serves is
fundamentally favorable for the company and the biomass industry,
with subsidies offered by governments to encourage renewable energy
use. Fitch also views that EVA has a supportive development
structure which provides EVA a strong path for near term growth
stemming from dropdowns at reasonable multiples. Fitch believes the
structure will allow EVA to fund dropdown transactions from its
sponsor using a favorable mix of equity and debt financing.

The ratings also consider Fitch's concerns regarding EVA's limited
size and scale, customer concentration risk, and re-contracting
risk. EVA currently exhibits relatively small scale of operations
with limited geographic diversity. Fitch generally believes that
master limited partnerships (MLP) operating in niche markets like
EVA, with expected annual EBITDA less than $150 million in the near
term, could be disadvantaged in accessing capital market debt and
equity when needed. Fitch also views EVA as having greater exposure
to the financial effect of negative industry trends or events
within the relatively limited geographic regions in which its
customers operate relative to larger master limited partnerships
(MLPs) with a greater breadth of operations.

The ratings are constrained by customer concentration risk, as EVA
generated more than 90% of its revenue from two customers
year-to-date (YTD) 2Q17, with the largest end-user, Drax Group
Holdings, Ltd., currently possessing a high yield credit profile.
Fitch recognizes EVA is currently pursuing numerous other potential
contracts with a diverse set of counterparties and that the
successful execution of these contracts could provide a catalyst
for positive credit actions in the future. In the context of 9.8
years of weighted average life of contracts, Fitch views that
re-contacting risk poses as a longer term concern for EVA and is
dependent upon the availability of government subsidies for biomass
energy at the end of those contracts' life.

KEY RATING DRIVERS

Long-Term Contract Profile: EVA has entered long-term contracts
with its customers, having a weighted average remaining term of 9.8
years and contracted revenue backlog of $5.5 billion as of 2Q17.
These contracts are primarily take-or-pay contracts with price
fixed for the entire term of the contract subjected to annual
inflation-based adjustment and price escalator, which provide a
high amount of revenue and cash flow stability.

Growing Under Favorable Regulatory Environment: Fitch views that
the regulatory environment in the jurisdictions that EVA currently
serves is fundamentally favorable for the biomass industry and the
company in the near term. EVA's major customers are European
utilities and power generators counterparties that are subjected to
the EU and UK environmental laws, which aim to reduce greenhouse
gas emission for the power sector and meet specific
carbon-reduction goals by 2020 through mandating an increase in
renewable energy usage. To achieve the mandate, government offers
incentives for renewable energy projects, which include subsidizing
and funding coal-fired power generation companies such as EVA's top
customers to co-fire biomass in their coal plants and/or fully
convert their coal plants to biomass plants. In addition, EVA is
also expanding its footprint into the Asian markets particularly in
Japan and Korea, where similar to EU and UK there are environmental
framework in place to incentivize greater use of renewable power
generation in the future. EVA and its sponsor have recently
announced that they have executed a memorandum of understanding to
be the sole supplier to the largest biomass project announced in
Japan to supply 650,000 metric tons per year (MTPY) of wood pellets
in Japan.

Supportive Development Structure:  Fitch also views that the Joint
Venture (JV) structure that is formed between EVA's sponsor Enviva
Holdings, LP and John Hancock Life Insurance provides capital
structure benefit to EVA in supporting its growth. Projects are
constructed at the JV level and sold to EVA through dropdown
transactions. Fitch expects EVA to fund growth spending and any
future dropdown activity with a reasonable mix of debt and equity.
Fitch forecasts EVA's leverage (as defined by Fitch as Debt/Adj.
EBITDA) to remain 3.8x-4.2x in 2017 and below 3.8x in 2018.

Customer Concentration Risk: Offsetting the stability of its
long-term take-or-pay contracts is customer's concentration, as EVA
generated more than 90% of its revenue from two customers as of
2Q17. Fitch expects EVA's earnings to remain concentrated among the
major counterparties in the next few years: Drax Power Limited
(Drax Group Holdings Ltd- BB+/Stable), Dong Energy (BBB+/Stable),
and Lynemouth Power Limited in the near term. Fitch believes these
European companies, given the economic incentives, will continue to
operate their biomass plants using wood pellets until the end of
their contracts' life. Drax currently supplies approximately 8% of
UK's electricity and receive government subsidies to generate power
on biomass until 2027. It has recently converted three coal-fired
plants into biomass plant, which EVA is one of the several wood
pellets suppliers for these three biomass plants. Dong Energy, the
largest power producer in Denmark, has received state aid approval
from the European Commission to convert its Asnaes coal power plant
to Biomass plant and has a plan to abandon coal-firing plants by
2023. Lynemouth Power Limited is also a coal-fired power plant that
is recently converted into a biomass plant.

Limited Size and Scale: EVA exhibits a small scale of operation
with expected annual EBITDA less than $180 million in the near
term. Given its limited operational and business profile, EVA has a
greater exposure to the financial effect of negative industry
trends and events relative to larger companies with a greater
breadth of operations. Larger companies also have a demonstrated
advantage in efficiently accessing debt and equity capital markets
to fund growth. Fitch generally believes that MLPs operating in
niche markets like EVA, with expected annual EBITDA less than $150
million in the near term, could be disadvantaged in accessing
capital market debt and equity when needed.

Long-term Recontracting Risk: EVA does not face any significant
recontracting risk for its top customers in the near future, given
the weighted average duration of the contracts. However, Fitch
recognizes this risk, though not an immediate credit concern, will
be largely impacted by factors including the availability of
government subsidies for producers at the end of those contracts'
life, as well as, the competitive landscape of the market. However,
Fitch also believes that some of the negative financial impact
resulting from the recontracting risk can be partially offset by
EVA's plan in expanding to the Japanese and South Korean market.

DERIVATION SUMMARY

EVA is an MLP which supplies utility-grade wood pellets to major
power generators across the globe. EVA's cash flow is supported by
long term take-or-pay contracts backed by utilities and power
generators which are currently subsidized by their local government
to produce electricity using renewable energy sources such as
biomass. There are limited publicly traded comparable companies for
EVA due to the size of the biomass sector as well as the
competitive landscape. EVA exhibits much smaller scale of
operations with expected annual EBITDA less than $180 million in
the near term, compared to other high yield MLPs such as NGL Energy
Partners (B/Negative) or Nustar Energy LP (BB+/Stable). However,
EVA maintained a lower leverage than both MLPs, with a latest 12
month (LTM) leverage of 3.9x as of 2Q17. Furthermore, Fitch
believes EVA operates in an industry that has a more supportive
regulatory environment pushing for greater use of renewable energy,
compared to coal producer MLPs such as Foresight Energy LP
(B-/Stable).

KEY ASSUMPTIONS

Fitch's key assumptions within its ratings case for the issuer
include:

-- Modest growth in revenue and EBITDA driven by growing wood
    pellet volume, inflation and price adjustment under existing
    contracts terms;
-- EBITDA margin slightly improves in 2018 and 2019 as overhead
    costs associated with wood pellets transportation decrease
    upon the completion of dropdown transaction;
-- Growth spending funded with a mix of debt and equity;
-- Moderate growth in unit distribution in forecast periods.

RATING SENSITIVITIES

Future Developments That May, Individually or Collectively, Lead to
Positive Rating Action

-- Significant increase in size and scale of operations with
    increased geographic diversity;
-- Successful execution of dropdowns while maintaining leverage
    below 3.5x on a sustained basis and distribution coverage
    sustained above 1.0x;
-- Diversification of counterparty exposure, with long-term
    contracts with solid credit quality counterparties.

Future Developments That May, Individually or Collectively, Lead to
Negative Rating Action

-- Significant credit event with counterparties which
    significantly impairs cash flow into Enviva;
-- Negative ratings actions at Drax Group Holdings Ltd.;
-- Change in regulatory environment with regard to treatment and
    subsidies supporting biomass power generation as renewable
    generation;
-- Capex spending or unfavorable dividend policy which
    significantly reduces liquidity or increases leverage;
-- Increased adjusted leverage beyond 4.0x and distribution below

    1.0x for a sustained period of time.

LIQUIDITY

Near-Term Liquidity Adequate: As of June 30, 2017, EVA had
approximately $1 million of unrestricted cash and $100 million
available under its revolving credit facility for a total liquidity
of $101 million. The revolving credit facility has a maturity date
of April 2020. Fitch expects the company to have adequate liquidity
to fund its near-term working capital and distribution. The
partnership also has $3.1 million in assets held for sale.

FULL LIST OF RATING ACTIONS

Fitch has assigned the following ratings:

Enviva Partners, LP
-- Long-term Issuer Default Rating IDR 'BB-';
-- Senior unsecured rating 'BB-/RR4'.


ERC TOPCO: S&P Assigns 'B-' Corp Credit Rating, Outlook Stable
--------------------------------------------------------------
S&P Global Ratings assigned its 'B-' corporate credit rating to ERC
Topco Holdings 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 first-lien credit
facility, which consists of a $30 million revolving credit facility
due 2022 and $190 million term loan due 2024. The '3' recovery
rating indicates expectations for meaningful (50%-70%; rounded
estimate: 60%) recovery in the event of a default."

Founded in 2008, ERC is the market leading eating disorder
treatment provider with 25 treatment facilities in seven states.

The ratings on ERC primarily reflect the company's concentration in
the highly competitive and fragmented eating disorder treatment
market, small scale (about $140 million in annual revenues), high
leverage, and limited ability to generate free cash flow due to
rapid capacity expansion.

S&P said, "Our stable rating outlook reflects our expectation that
ERC will deliver strong revenue growth and margin improvement in
the next few years supported by stable reimbursement from
commercial payors and consistent capacity increases. That said,
rapid expansion will suppress free cash flow generation in the
coming years. We also expect the adjusted debt leverage to remain
well above 5x for the next few years given the company's growth
trajectory and financial sponsor ownership.

"We could lower the rating if the ERC's EBITDA level declined by
approximately 25% or more from our expectation, such that it is
unable to cover its fixed charges with no clear prospects of
recovery, which would likely lead us to view the capital structure
as unsustainable. Given ERC's growth strategy, we could lower the
rating if the company experiences slower-than-expected growth in
patient volume, leading to softer margins and even less free cash
flow than our forecast of little free cash flow. This will likely
be a result of heightened competition or less-than-expected
integration benefits as the company builds scale. Another key risk
is reimbursement risk and we believe that ERC's small scale and
sole focus in one niche segment will make it difficult to absorb
weaker reimbursement, which may include a future rate cut.

"We could consider raising the rating if the company could grow and
sustainably produce positive free cash flow of around $20 million
per year. We believe to achieve this, the company will need to
improve its business risk by increasing its scale while also
achieving and maintaining our base-case EBITDA margin estimate,
resulting in consistent free cash flow level of approximately $20
million per year. However, we believe an upgrade is unlikely over
the next 12 months."


ERIK SAMUEL DE JONG: Court Reduces Landlord's Claim to $240K
------------------------------------------------------------
Landlord Hugo N. Van Vliet filed a proof of claim in Debtors Erik
and Daryl De Jong's bankruptcy case for $347,773.46.  The Debtors
objected to the claim.  After considering the arguments presented,
Judge Paul Sala of the U.S. Bankruptcy Court for the District of
Arizona finds that the claim must be reduced.

The parties reached an agreement pursuant to which the Debtors
leased the Premises from Landlord. Pursuant to the Lease, the
Debtors provided Landlord with a list of items to be repaired. The
landlord hired third parties to complete the requested repairs.
Despite a provision in the Lease authorizing the Debtors to
terminate the Lease in its early days, if the Debtors were unhappy
with the repairs, the Debtors did not terminate the Lease and
remained on the Premises. While on the Premises, the Debtors were
able to operate a successful dairy farm. Certain disputes arose
concerning whether Landlord was fulfilling its obligations under
the Lease. Despite Landlord's many efforts, the Debtors disputed
that Landlord had brought the Premises, including equipment and
residences located thereon, into an acceptable condition, and
vacated the Premises.

Where the primary purpose of the Lease was to allow the Debtors to
operate a dairy farm, and where Landlord's alleged failures did not
prevent the dairy farm operation, the Debtors breached the Lease by
withholding or failing to pay rent and by vacating the Premises.
Accordingly, the Debtors are obligated to Landlord for the unpaid
rent under the Lease. That claim must be reduced, however, by the
amounts that Landlord should have expended to comply with its
obligations under the Lease before the Debtors’ breach. The
Court, therefore, awards the Landlord the following:

        Lease damages             $310,273.46
        Less
        Scale repair costs        [$40,000.00]
        Residence repair costs    [$15,000.00]
        Rent reduction for
           destroyed trailer      [$15,000.00]
        Total Claim               $240,273.46

A full-text copy of Judge Sala's Memorandum Decision dated Sept.
29, 2017, is available at:

     http://bankrupt.com/misc/azb2-14-00886-813.pdf

The bankruptcy case is In re ERIK SAMUEL & DARYL LYNN DE JONG, Case
No. 2:14-BK-00886-PS (Bankr. D. Ariz.).


EXCHANGE AVENUE: Case Summary & 17 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: Exchange Avenue Production Co.
        310 Mockingbird Lane
        Weatherford, TX 76086

Type of Business: Exchange Avenue Production Co. is a
                  privately held company in Weatherford, Texas
                  engaged in oil and gas extraction business.

Chapter 11 Petition Date: October 4, 2017

Case No.: 17-44107

Court: United States Bankruptcy Court
       Northern District of Texas (Ft. Worth)

Judge: Hon. Mark X. Mullin

Debtor's Counsel: Matthias Kleinsasser, Esq.
                  FORSHEY & PROSTOK, L.L.P.
                  777 Main Street, Suite 1290
                  Fort Worth, TX 76102
                  Tel: (817) 877-0135
                  Fax: (817) 878-4151
                  E-mail: mkleinsasser@forsheyprostok.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $500,000 to $1 million

The petition was signed by Linda Hunt, partner.

The Debtor's list of 17 largest unsecured creditors is available
for free at http://bankrupt.com/misc/txnb17-44107_creditors.pdf

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

            http://bankrupt.com/misc/txnb17-44107.pdf


FIREHOUSE RIBS: U.S. Trustee Unable to Appoint Committee
--------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Firehouse Ribs, LLC.

Headquartered in Medina, North Dakota, Firehouse Ribs, LLC, filed
for Chapter 11 bankruptcy protection (Bankr. D.N.D. Case No.
17-30540) on Aug. 31, 2017, estimating its assets and liabilities
at between $100,000 and $500,000.


FIRST DATA: Fitch Affirms B+ LongTerm Issuer Default Rating
-----------------------------------------------------------
Fitch Ratings has affirmed First Data Corp.'s (FDC) Long-Term
Issuer Default Rating (IDR) at 'B+'. The Rating Outlook remains
Positive. Fitch has also has affirmed FDC's 1st lien senior secured
rating at 'BB+'/'RR1'. In addition, Fitch has upgraded FDC's 2nd
lien senior secured debt to 'BB+'/'RR1' from 'BB'/'RR2' based on
improved recoveries. Likewise, the senior unsecured debt has been
upgraded to 'B'/'RR5' from 'B-'/'RR6'. At June 30, 2017, the
company had $18.5 billion in total debt outstanding.

KEY RATING DRIVERS

CardConnect Acquisition: The company completed the acquisition of
CardConnect Corp., a payment processing and technology solutions
provider, for a total transaction value, including fees,
approximating $775 million in July 2017. CardConnect generated net
revenue of $156 million and adjusted EBITDA of $38 million in
fiscal 2016. Prior to the acquisition, CardConnect was a processing
client of FDC so FDC is expected to lose approximately $20 million
in processing revenue due to the acquisition but EBITDA will not be
affected.

Improved Credit Profile: Fitch estimates gross leverage, pro forma
for the CardConnect Corp. acquisition, could approximate 5.8x at
the end of 2017 and further decline to just over 5x at year-end
2018.

Large Scale: The Global Business Solutions segment serves more than
six million merchant locations globally. Existing relationships and
a large distribution platform -- partnerships and alliances --
reinforce FDC's ability to sustain its market share, while
providing a means to capitalize on emerging technologies (i.e.
mobile payments, Clover, and alternative methods of mobile
payments). The Global Financial Solutions segment also benefits
from established relationships with card issuers and from long-term
contracts with high switching costs.

Risk of Disintermediation: New payment technologies employed by
other participants in the payment ecosystem are a long-term threat
to disintermediate FDC. However, a broad and diverse product
portfolio, and investment in new technologies are mitigants. Mobile
pay companies such as Google Inc. and Apple Inc. decided to work
with the payment networks and merchant acquirers.

Consolidation Risks: Consolidation could pose a risk for FDC,
particularly in the Global Financial Solutions segment, as could
changes in regulations. Generally, high barriers to entry in the
Global Business Solutions segment are exposed to some erosion
through the emergence of new payment technology. Conversely, the
Global Financial Solutions segment has much lower exposure to
emerging competitors due to FDC's strong position in card
processing for large institutions.

Recovery Rating Assumptions: The recovery analysis assumes that FDC
would be considered a going concern in bankruptcy and that the
company would be reorganized rather than liquidated. Fitch assumes
a 10% administration claim.

Fitch's recovery ratings assigned to the various debt classes are
based upon assumed going concern EBITDA of $2.61 billion and a
going concern enterprise valuation of 7x. The going concern EBITDA
was estimated to be the level of EBITDA FDC generates in a severe
recession, while the enterprise evaluation reflects a stressed
multiple from FDC's current low double digit multiple and current
acquisition multiples in the industry, reduced to stressed levels.

The secured revolving credit facility is assumed to be fully-drawn
upon default. The 1st and 2nd lien senior secured debt instruments
are expected to recover 100% corresponding to 'RR1'. The waterfall
also indicates a 19% recovery for the senior unsecured debt,
corresponding to 'RR5'.

DERIVATION SUMMARY

FDC's merchant acquiring business operates in a highly competitive
market, although FDC is one of the largest merchant acquirers in
the U.S., its market position internationally is not as dominant,
although the international market is much more fragmented. The
issuer processing segment has less competition but risks losing
business to captive competition. Although most customers lack this
ability, the risk of loss to captive competition rises as banks
consolidate. Switching costs are considerable in the issuer
processing segment but less so for the merchant acquiring segment
despite multi-year contracts with merchant customers. The scale and
technological capability FDC offers its customers is a significant
barrier to entry and is considered a credit strength. FDC's closer
peers include Vantiv, Inc., Global Payments Inc., Fidelity National
Information Services, Inc. (FIS) (BBB/Stable Outlook), Total
Systems Services, Inc., and Fiserv, Inc., and to some extent, Visa
Inc. and MasterCard Incorporated.

KEY ASSUMPTIONS

Fitch's key assumptions within Fitch ratings case for the issuer
include:

-- Revenue growth in the 3% to 3.5% range over 2017 - 2019, which

    includes some pressure from foreign exchange rates.
-- EBITDA growth in the 5% to 6% range over 2017 - 2019.
-- Sustained FCF of $1 billion or more aided by significantly
    lower cash interest expense arising from continued delevering
    and refinancing activities. Debt reduction is expected to
    moderate in 2017 due to the CardConnect acquisition but
    thereafter FDC is assumed to reduce debt by approximately $1
    billion or more annually.
-- Continued nominal cash taxes over the forecast period given
    net operating loss carryforwards.
-- Capital intensity approximating 5% of revenues.

RATING SENSITIVITIES

Future Developments That May, Individually or Collectively, Lead to
Positive Rating Action
-- The ratings could be upgraded if FDC's credit profile
    continues to strengthen and gross leverage is expected to be
    maintained around or below 5.0x.
-- Future developments that may lead to positive rating action
    include sustained EBITDA growth and continued reductions in
    debt from the company's improved FCF position.
-- Should FDC reduce senior secured debt as it delevers, there is

    the potential the unsecured debt could be upgraded prior to
    the upgrade of the IDR due to improved recoveries.

Future Developments That May, Individually or Collectively, Lead to
Negative Rating Action
-- The ratings could be downgraded if FDC were to experience
    sustained leverage above 6.0x, material erosion in its market
    share or if price compression accelerates due to new
    competitive threats, leading to sustained EBITDA margins at
    approximately 20% or below, with the FCF margin declining to
    low single digits.

LIQUIDITY

Credit Facility: To support liquidity, FDC has a $1.25 billion
revolving credit facility that expires in June 2020. At June 30,
2017, the company had not drawn on the facility, and net of $44
million in letters of credit outstanding, approximately $1.2
billion was available. Cash at June 30, 2017 was $493 million, and
as of the end of the quarter, $281 million was held outside of the
U.S. including cash in a consolidated foreign joint venture.

Liquidity is supplemented by a $600 million accounts receivable
facility, which expires in June 2020. The accounts receivable
facility did not have an outstanding balance at June 30, 2017.

The principal financial covenant in the company's credit agreement
requires FDC to maintain a consolidated secured leverage ratio of
6.0x. The company has no major maturities until 2020, when a $1.3
billion senior secured term loan matures.

Free Cash Flow: FCF has improved materially since the IPO and
subsequent refinancings of higher coupon debt, as well as from
EBITDA growth. Over the forecast horizon, Fitch expects sustained
FCF of $1 billion or more aided by significantly lower cash
interest expense arising from continued delevering and refinancing
activities. FDC is assumed to reduce debt by approximately $1
billion or more annually.

FULL LIST OF RATING ACTIONS

First Data Corp.
-- Long-Term IDR affirmed at 'B+'; Outlook Positive;
-- Senior secured RCF and term loans affirmed at 'BB+'/'RR1';
-- Senior secured notes affirmed at 'BB+'/'RR1';
-- Junior secured notes upgraded to 'BB+'/'RR1' from 'BB'/'RR2';'
-- Senior unsecured notes upgraded to 'B'/'RR5' from 'B-'/'RR6'.


FIRST FLIGHT: Can Continue Using WF Cash Collateral Until Nov. 30
-----------------------------------------------------------------
Judge Thomas J. Catliota of the U.S. Bankruptcy Court for the
District of Maryland inked his approval on a Second Interim Consent
Order, between First Flight Limited Partnership and WashingtonFirst
Bank, authorizing the Debtor's use of cash collateral for the
period beginning on the Oct. 3, 2017 and continuing through Nov.
30, 2017.

Prior to the Petition Date, WashingtonFirst Bank extended a
$5,650,000 commercial loan to the Debtor, secured by a
first-priority duly perfected deed of trust lien and security
interest in, to and against a certain real property of the Debtor
generally known as Unit 1 shown on the Condominium Plat of First
Flight Air Park Condominium, Inc., Washington County, Maryland, and
first-priority duly perfected liens in and assignments of the
Debtor's right, title and interest in and to all present and future
leases and other agreements relating to the Property and all
rents.

WashingtonFirst Bank is granted a valid, choate, perfected,
enforceable and non-avoidable first-priority security interests and
liens in, to and against all present and future rents, proceeds,
receipts, accounts, accounts receivable, products and profits
arising from or as a result of the Property or any other
Prepetition Collateral, which will at all times be senior to the
rights of the Debtor and will be superior in priority to the
security interests and liens of WashingtonFirst Bank existing prior
to the Petition Date.

As additional adequate protection for WashingtonFirst Bank's
interests in the cash collateral, the Debtor will use
WashingtonFirst Bank's cash collateral to pay the ongoing expenses
of the Property, as set forth in the Budget, and will also use such
cash collateral to: (a) pay for adequate insurance for the
Property; (b) pay for any real estate taxes owed against the
Property; (c) maintain the Property in good repair; and (d) to make
adequate protection payment to WashingtonFirst Bank in the amount
of $19,863.

The Debtor's use of cash collateral is subject to all of the
following conditions:

   (a) The Debtor will timely file all required U.S. Trustee
Monthly Operating Reports, and in the event there are any changes
in the tenants or the rent amounts for the Property, the Debtor
will provide a current rent roll for the Property, copies of any
new leases or amendments to leases, and such other information and
detail as WashingtonFirst Bank may require.

   (b) The Debtor will make all payments that the Debtor is
required to make to the Internal Revenue Service, the State of
Maryland, the Commonwealth of Virginia, and all other taxing
authorities with respect to all forms of taxes that come due after
the Petition Date, when and as said payments are due. Upon
WashingtonFirst Bank's request, the Debtor will immediately supply
WashingtonFirst Bank with written documentation evidencing that all
such Taxes have been paid.

   (c) The Debtor shall maintain fire, casualty and other hazard
insurance with respect to the Property and the other Collateral, in
amounts and under such insurance policies as are acceptable to
WashingtonFirst Bank. The Debtor will also immediately take all
steps necessary to cause WashingtonFirst Bank to be named as a sole
loss payee, mortgagee or additional insured under each such
insurance policy.

   (d) The Debtor will maintain the Collateral in good repair and
will perform such maintenance and repairs with respect to the
Collateral as is customarily performed in connection with assets of
this type.

A full-text copy of the Second Interim Consent Order, dated Oct. 2,
2017, is available at https://is.gd/jygRz4

WashingtonFirst Bank is represented by:

          Dan Press, Esq.
          Chung & Press, P.C.
          6718 Whittier Ave. #200
          McLean, VA 22101

                     About First Flight LP

First Flight Limited Partnership, a Virginia limited liability
partnership, owns two commercial buildings: 119,166-square-foot
office facility & 761,360-square foot industrial(airport/airplane
hangars) located at 18540 Showalter Rd. Hagerstown, Maryland.

First Flight LP, doing business as Topflight Airpark, filed a
Chapter 11 petition (Bankr. D. Md. Case No. 17-18645) on June 25,
2017.  The petition was signed by Barrie Peterson, sole member and
president of Airpark Holdings, LLC, the general partner of FFLP.  

At the time of filing, the Debtor disclosed $54.52 million in
assets and $14.54 million in liabilities.

The case is assigned to Judge Thomas J. Catliota.

The Debtor is represented by Morgan William Fisher, Esq., at the
Law Offices of Morgan William Fisher, LLC.


FUNCTION(X) INC: Bump Digital Will Manage Facebook Pages
--------------------------------------------------------
Function(x) Inc. entered into a license agreement with Bump
Digital, LLC on Sept. 27, 2017.  The License Agreement has a term
of one year and provides that Bump will (i) exclusively manage all
Facebook pages owned by the Company and (ii) create no less than
ten pieces of content per day for the Company's Wetpaint.com
website.  The agreement provides for termination if performance and
revenue standards are not met, if Bump fails to provide the Company
with reports relating to revenue received, or if there is a
material discrepancy between revenues reported and the calculation
of payments due to the Company.  The License Agreement also
provides for adjustments in favor of the Company if Bump fails to
meet performance standards and for adjustments in favor of Bump if
Wetpaint.com and/or the ad server are not accessible to Bump, or
the Company's photo licensing agreement are not maintained.  Bump
will pay the Company a monthly fee calculated as 50% of net revenue
received by Bump relating to traffic sent to links other than
Wetpaint.com from the Company's Facebook pages (excluding revenue
derived from content created on Wetpaint.com by the Company) less
$10,000 and 50% of the revenue generated on Wetpaint.com.  Bump
shares in gross revenue from traffic purchased by the Company,
without deduction for traffic acquisition costs.

                      About Function(x)

Based in New York, FunctionX Inc (NASDAQ:FNCX) --
http://www.functionxinc.com/-- is a diversified media and
entertainment company.  The Company conducts three lines of
businesses, which are digital publishing through Wetpaint.com, Inc.
(Wetpaint) and Rant, Inc. (Rant); fantasy sports gaming through
DraftDay Gaming Group, Inc. (DDGG), and digital content
distribution through Choose Digital, Inc. (Choose Digital).
Wetpaint is a media channel reporting original news stories and
publishing information content covering television shows, music,
celebrities, entertainment news and fashion.  Choose Digital is a
business-to-business platform for delivering digital content.  DDGG
is a business-to-business operator of daily fantasy sports.  The
Company's digital publishing business also includes Rant, which is
a digital publisher that publishes original content in over 13
verticals, such as in sports, entertainment, pets, cars and food.

On Jan. 27, 2016, Function(x) Inc. changed its name from Viggle
Inc. to DraftDay Fantasy Sports, Inc., and changed its ticker
symbol from VGGL to DDAY.  On June 10, 2016, the Company changed
its name from DraftDay Fantasy Sports, Inc., to Function(x) Inc.,
and changed its ticker symbol from DDAY to FNCX.  It now conducts
business under the name Function(x) Inc.

BDO USA, LLP, in New York, issued a "going concern" qualification
on the consolidated financial statements for the year ended June
30, 2016, citing that the Company has suffered recurring losses
from operations and at June 30, 2016, has a deficiency in working
capital that raise substantial doubt about its ability to continue
as a going concern.

Function(x) incurred a net loss of $63.68 million for the year
ended June 30, 2016, compared to a net loss of $78.53 million in
fiscal 2015.  As of Dec. 31, 2016, Function(x) had $31.80 million
in total assets, $27.94 million in total liabilities, and $3.85
million in total stockholders' equity.


FUNCTION(X) INC: Mitchell Nelson Resigns from All Positions
-----------------------------------------------------------
Mitchell Nelson, a director, executive vice president and corporate
secretary of Function(X) Inc. had advised the Company that he is
resigning as a director, officer and employee of the Company and
any affiliates, effective as of Sept. 29, 2017, according to a Form
8-K report filed with the Securities and Exchange Commission.

                      About Function(x)

Based in New York, FunctionX Inc (NASDAQ:FNCX) --
http://www.functionxinc.com/-- is a diversified media and
entertainment company.  The Company conducts three lines of
businesses, which are digital publishing through Wetpaint.com, Inc.
(Wetpaint) and Rant, Inc. (Rant); fantasy sports gaming through
DraftDay Gaming Group, Inc. (DDGG), and digital content
distribution through Choose Digital, Inc. (Choose Digital).
Wetpaint is a media channel reporting original news stories and
publishing information content covering television shows, music,
celebrities, entertainment news and fashion.  Choose Digital is a
business-to-business platform for delivering digital content.  DDGG
is a business-to-business operator of daily fantasy sports.  The
Company's digital publishing business also includes Rant, which is
a digital publisher that publishes original content in over 13
verticals, such as in sports, entertainment, pets, cars and food.

On Jan. 27, 2016, Function(x) Inc. changed its name from Viggle
Inc. to DraftDay Fantasy Sports, Inc., and changed its ticker
symbol from VGGL to DDAY.  On June 10, 2016, the Company changed
its name from DraftDay Fantasy Sports, Inc., to Function(x) Inc.,
and changed its ticker symbol from DDAY to FNCX.  It now conducts
business under the name Function(x) Inc.

BDO USA, LLP, in New York, issued a "going concern" qualification
on the consolidated financial statements for the year ended June
30, 2016, citing that the Company has suffered recurring losses
from operations and at June 30, 2016, has a deficiency in working
capital that raise substantial doubt about its ability to continue
as a going concern.

Function(x) incurred a net loss of $63.68 million for the year
ended June 30, 2016, compared to a net loss of $78.53 million in
fiscal 2015.  As of Dec. 31, 2016, Function(x) had $31.80 million
in total assets, $27.94 million in total liabilities, and $3.85
million in total stockholders' equity.


G.E.M. HOLDINGS: Case Summary & Largest Unsecured Creditors
-----------------------------------------------------------
Lead Debtor: G.E.M. Holdings U.S. Corporation
             609 Hoback St, NE
             Wise, VA 24293

Type of Business: Coal mining

Chapter 11 Petition Date: October 4, 2017

Debtor affiliates that simultaneously filed Chapter 11 petitions:

     Debtor                                       Case No.
     ------                                       --------
     G.E.M. Holdings U.S. Corporation             17-71352
     Clinchco Met Coal, Inc                       17-71353
     Mill Creek Mining, Inc.                      17-71354
     Cobalt Coal, LLC                             17-71355

Court: United States Bankruptcy Court
       Western District of Virginia (Roanoke)

Judge: Hon. Paul M. Black

Debtors' Counsel: Robert Tayloe Copeland, Esq.
                  COPELAND LAW FIRM, P.C.
                  P O Box 1296
                  Abingdon, VA 24212
                  Tel: 276 628-9525
                  Fax: 276-628-4711
                  E-mail: rtc@rcopelandlaw.com;
                         brw@rcopelandlaw.com

                     Estimated
                       Assets       Estimated Liabilities
                     ----------     ---------------------
G.E.M. Holdings      $0-$50,000   $10 million to $50 million
Clinchco Met Coal    $0-$50,000    $1 million to $10 million
Mill Creek Mining    $0-$50,000    $1 million to $10 million
Cobalt Coal, LLC     $0-$50,000    $1 million to $10 million

The petitions were signed by Stephen Moscicki, president of
Clinchco Met Coal.

A full-text copy of G.E.M. Holdings' petition, along with a list of
two unsecured creditors, is available for free at:

           http://bankrupt.com/misc/vawb17-71352.pdf

A full-text copy of Clinchco Met Coal's petition, along with a list
of five unsecured creditors, is available for free at:

             http://bankrupt.com/misc/vawb17-71353.pdf

A full-text copy of Mill Creek Mining's petition, along with a list
of 20 largest unsecured creditors, is available for free at:

             http://bankrupt.com/misc/vawb17-71354.pdf

A full-text copy of Cobalt Coal's petition, along with a list of 10
unsecured creditors, is available for free at:

             http://bankrupt.com/misc/vawb17-71355.pdf


GALVESTON BAY PROPERTIES: Hires Mercer as Bankruptcy Counsel
------------------------------------------------------------
Galveston Bay Properties, LLC, seeks authorization from the U.S.
Bankruptcy Court for the Western District of Texas to employ Kell
C. Mercer, PC as Chapter 11 counsel, nunc pro tunc to August 9,
2017.

The Debtor requires Mercer to:

     a. commence the Bankruptcy Case;

     b. assist in the preparation and filing of the Bankruptcy
        Schedules and Statements required under the Bankruptcy
        Code;

     c. advise the Debtor with respect to its rights, duties
        and powers in the Bankruptcy Case;

     d. advise the Debtor regarding compliance with United
        States Trustee guidelines;

     e. assist and advise the Debtor in its consultations with
        creditors and parties in interest relating to the
        administration of the Bankruptcy Case;

     f. attend meetings and negotiate with representatives of
        creditors and other parties in interest;

     g. assist the Debtor in analyzing the claims of the
        Debtor's creditors and the Debtor's capital structure
        and in negotiating with the holders of claims and, if
        appropriate, equity interests;

     h. assist the Debtor's investigation of the acts,
        conduct, assets, liabilities and financial condition
        of the Debtor and other parties involved with the
        Debtor, and of the operation of the Debtor's business;

     i. assist the Debtor in its analysis of, and negotiations
        with creditors and parties in interest concerning
        matters related to, among other things, the assumption
        or rejection of executory contracts, asset dispositions,
        financing transactions and the terms of a disclosure
        statement and plan for the Debtor;

     j. assist and advise the Debtor as to its communications,
        if any, to the general creditor body regarding
        significant matters in the Bankruptcy Case;

     k. represent the Debtor at all necessary hearings and
        other proceedings;

     l. review, analyze, and advise the Debtor with respect to
        applications, orders, statements of operations and
        schedules filed with the Court;

     m. negotiate with the key constituents in furtherance of
        the development of a chapter 11 plan;

     n. assist the Debtor in preparing pleadings and
        applications as may be necessary in furtherance of
        the Debtor's interests and objectives; and

     o. perform other legal services as may be required and
        are deemed to be in the interests of the Debtor in
        accordance with the Debtor's powers and duties as set
        forth in the Bankruptcy Code.

The Debtor will compensate Mercer at $400 per hour.

Mercer's customary fees and expenses incurred in connection with
this representation are to be paid out of the Debtor's bankruptcy
estate or out of the retainer paid to Mercer on August 9, 2017 by
ProGas Energy Resources LLC.  On the Petition Date, Mercer drew
down on that retainer to cover the $1,717 chapter 11 filing fee. A
balance of $19,300 remains on deposit in Mercer's IOLTA account.

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

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

Mercer may be reached at:

      Kell C. Mercer, Esq.
      Kell C. Mercer, P.C.
      1602 E. Cesar Chavez Street
      Austin, TX 78702
      Tel: (512) 627-3512
      Fax: (512) 597-0767
      E-mail: kell.mercer@mercer-law-pc.com

                    About Galveston Bay

Headquartered in New Braunfels, Texas, Galveston Bay Properties LLC
is an oil and gas extraction business.  Galveston Bay Properties
filed for Chapter 11 bankruptcy protection (Bankr. W.D. Tex. Case
No. 17-51905) on Aug. 9, 2017, estimating its assets at between $10
million and $50 million and debt at between $1 million and $10
million.  The petition was signed by Dan Polk, manager.

Judge Craig A. Gargotta presides over the case.

Kell C. Mercer, Esq., at Kell C. Mercer, PC, serves as the Debtor's
bankruptcy counsel.


GIBSON ENERGY: S&P Affirms 'BB' Rating on Announced Refinancing
---------------------------------------------------------------
S&P Global Ratings affirmed its 'BB' long-term corporate credit
rating on Calgary, Alta.-based midstream energy company Gibson
Energy ULC. The outlook is stable.

S&P said, "At the same time, S&P Global Ratings affirmed its 'BB'
issue-level rating on the company's senior unsecured notes. The '3'
recovery rating on the notes is unchanged, and indicates that
lenders can expect meaningful (50% to 70%; rounded estimate 65%)
recovery if a default occurs.

"The affirmation follows Gibson's recent announcement to increase
its existing 5.25% senior unsecured notes maturing in 2024 by C$250
million. The proceeds will fully repay the 6.75% US$211 million
senior unsecured notes maturing in 2021. We estimate that the
refinancing will decrease annual interest costs by about $3.7
million a year and result in total interest savings of about $13
million, funds the company can use toward reducing leverage or
funding capital expenditures. In addition, the refinancing extends
Gibson's debt maturity profile and adds financing flexibility,
which we believe is important considering the company's growth
program to build out its infrastructure business segment.

"The stable outlook reflects our view that Gibson will continue to
expand the more stable infrastructure business segments through
organic growth, and that the proceeds from the U.S. environmental
services business will pay down debt and finance the capital
program. We expect debt-to-EBITDA of 3.25x-3.75x and FFO-to-debt of
20%-25% under our base-case forecast.

"A downgrade could occur if debt-to-EBITDA deteriorates and stays
above 3.5x or FFO-to-debt falls consistently below 20%, which could
result from increased leverage from aggressive financing of growth
and acquisition initiatives or a decline in cash flows from weaker
commodity price-sensitive businesses.

"We could upgrade Gibson if the financial risk profile improves to
intermediate from significant. This could occur if forecast
debt-to-EBITDA stays at about 2.5x and FFO-to-debt above 30%, which
could result from continued deleveraging either through non-core
asset sales or internal cash flows; or increased cash flows as the
company expands its stable infrastructure business segment."


GILDED AGE: Requires Access to Cash for October 2017 Expenses
-------------------------------------------------------------
Gilded Age Properties, LLC, seeks authorization from the U.S.
Bankruptcy Court for the District of Rhode Island to continue its
use of the cash collateral of Webster Bank, N.A., for an additional
30 days in order to continue the operation of its business.

The proposed Budget for the month of October 2017 provides total
operating expenses of approximately $16,828.

Webster Bank has extended a $712,500 mortgage loan to the Debtor on
the Bellevue Property and another $712,500 mortgage loan on the
Freebody Property.  As of May 22, 2017, the balance due under the
loan documents was $1,370,716.

The Debtor asserts that Webster Bank's claims in the Debtor's cash
collateral will be entitled to protection based upon the amount of
the cash generated through rents for ongoing operations.
Accordingly, the Debtor seeks the use of cash collateral
conditioned upon the Debtor's payment of post-petition mortgage
payments, real estate taxes and municipal charges on the
Properties.

A full-text copy of the Debtor's Motion, dated Sept. 28, 2017, is
available at https://is.gd/ZBLUD3

                    About Gilded Age Properties

Gilded Age Properties, LLC, owns and operates two properties: a
commercial rental property located at 117 Bellevue Avenue in
Newport, Rhode Island and a residential apartment building located
at 38-40 Freebody Street in Newport, Rhode Island.

Gilded Age Properties filed a Chapter 11 petition (Bankr. D.R.I.
Case No. 17-10738) on May 4, 2017.  The petition was signed by
Peter M. Iascone, member.  At the time of the filing, the Debtor
estimated assets and liabilities between $1 million and $10
million.  

The case is assigned to Judge Diane Finkle.

The Debtor's counsel is William J. Delaney, Esq., at DarrowEverett
LLP, in Providence, Rhode Island.


GREAT BASIN: Jeffrey Rona Quits as Chief Financial Officer
----------------------------------------------------------
Jeffrey Rona resigned from his position as chief financial officer
of Great Basin Scientific, Inc. to pursue another business
opportunity, according to a Form 8-K report filed by the Company
with the Securities and Exchange Commission.  The resignation will
be effective Oct. 6, 2017.

                       About Great Basin

West Valley City, Utah-based Great Basin Scientific Inc. --
http://www.gbscience.com/-- is a molecular diagnostics company
that commercializes breakthrough chip-based technologies.  The
Company is dedicated to the development of simple, yet powerful,
sample-to-result technology and products that provide fast,
multiple-pathogen diagnoses of infectious diseases.  The Company's
vision is to make molecular diagnostic testing so simple and
cost-effective that every patient will be tested for every serious
infection, reducing misdiagnoses and significantly limiting the
spread of infectious disease.

Great Basin reported a net loss of $89.14 million on $3.04 million
of revenues for the year ended Dec. 31, 2016, compared to a net
loss of $57.89 million on $2.14 million of revenues for the year
ended Dec. 31, 2015.

As of March 31, 2017, Great Basin had $29.24 million in total
assets, $59.10 million in total liabilities, and a total
stockholders' deficit of $29.86 million.

The Company's independent accountants, BDO USA, LLP, in Salt Lake
City, Utah, expressed "substantial doubt" about the Company's
ability to continue as a going concern noting that the Company has
incurred substantial losses from operations, has negative operating
cash flows and has a net capital deficiency.


GST AUTOLEATHER: Business as Usual While in Chapter 11
------------------------------------------------------
GST AutoLeather, Inc., on Oct. 3, 207, disclosed that it has filed
a voluntary petition for relief under chapter 11 of the United
States Bankruptcy Code in the United States Bankruptcy Court for
the District of Delaware.  The Company has obtained a commitment
from its senior secured lenders for a $40 million
debtor-in-possession facility, the proceeds of which will be used
to fund ongoing business operations.  This facility will allow GST
to continue business as usual during the reorganization process,
while pursuing a court-supervised going concern sale, commonly
referred to as a "363 Sale".

Chief Executive Officer Dennis Hiller said, "After working with our
advisors to review a range of strategic alternatives, the proposed
strategy represents the best solution to ensure continuity of
supply to our customers, maximize value for all stakeholders and
position the Company for long-term success."

Mr. Hiller went on to say, "I would especially like to thank our
customers, suppliers, employees and Senior Lenders for supporting
us through this time as we work to improve our capital structure
and enhance value."

The Company and its Senior Lenders are negotiating the terms of an
acquisition of the Company by its Senior Lenders.  This would serve
as a backstop in the "363 Sale" and will pave the path for the
Company to exit chapter 11 and maintain the business as a going
concern.

The Company has set up a toll-free hotline to answer questions
about this process.  The hotline can be accessed by calling
844-308-4104 (International - 503-520-4435).  Additional
information and FAQ's can be found at http://dm.epiq11.com/GST

GST is utilizing Lazard Middle Market LLC and Alvarez & Marsal
North America, LLC as its financial advisors and Kirkland & Ellis
LLP as its legal advisor to assist the Board of Directors and
senior management with the restructuring process.  The Senior
Lenders have retained FTI Consulting, Inc. as their financial
advisor and Paul Hastings LLP as their legal advisor.

                  About GST AutoLeather, Inc.

Headquartered in Southfield, Michigan, GST was founded in 1933,
then known as Garden State Tanning, initially operated as a tanning
company that processed leather for the upholstery and garment
industries.  The Company entered the automotive industry in 1946.
As leather upholstery became the go-to for furniture, airplanes,
and automobiles, the Company shifted its focus 100% to automotive
leather manufacturing.

The Company began expanding internationally throughout the 1990s,
taking advantage of the significant consolidation in the automotive
supplier industry.  Specifically, the Company opened a leather
sourcing team in South America, opened a state-of-the-art cutting
facility in Saltillo, Mexico.  The Company's expansion strategy
continued throughout the 2000s, when the Company transitioned
operations from the United States to Mexico and opened additional
facilities in Shanghai and Nuevo Laredo, Mexico.

In January 2011, the Company acquired Seton Company, a major
supplier of upholstery leather, cementing its place as one of the
largest automotive leather manufacturers in the world.  Through the
acquisition, the Company acquired Seton's operations in North
America, China, South Korea, Europe, and South Africa. In the North
American, Chinese, Japanese, and Korean markets, the Company
continued to market their products as the GST brand.  In the
European and South African markets, products are marketed under the
name Seton AutoLeather, a GST AutoLeather Company.


GST AUTOLEATHER: Case Summary & 30 Largest Unsecured Creditors
--------------------------------------------------------------
Lead Debtor: GST AutoLeather, Inc.
             20 Oak Hollow Drive, Suite 300
             Southfield, MI 48033

Type of Business: The Debtors, together with their non-Debtor
                  affiliates, are a global designer and
                  manufacturer of automotive leather components.
                  GST initially operated as a leather tannery
                  providing leather to the upholstery and garment
                  industries.  GST did not enter the automotive
                  industry until 1946.  The Company operates
                  across four continents and maintains its
                  headquarters in Southfield, Michigan.  As of the
                  Petition Date, the Company employs approximately
                  5,600 people worldwide, including the United
                  States, Mexico, Japan, China, Korea, Germany,
                  Hungary, South Africa, and Argentina.  The
                  Company supplies leather to virtually every
                  major OEM in the automotive industry, including
                  Audi, BMW/Mini, Daimler, Fiat Chrysler, Ford,
                  General Motors, Hyundai, Honda, Porsche, PSA,
                  Nissan, Kia, Toyota and Volkswagen.  In 2016,
                  the Company had net sales of approximately $540
                  million.  

                  Web site: http://www.gstautoleather.com

Chapter 11 Petition Date: October 3, 2017

Debtor affiliates that simultaneously filed Chapter 11 petitions:

     Debtor                                   Case No.
     ------                                   --------
     GST AutoLeather, Inc. (Lead Debtor)      17-12100
     GST AutoLeather HoldCo Corp.             17-12101
     GST AutoLeather Cayman II Ltd.           17-12102
     GST AutoLeather Cayman I Ltd.            17-12103
     GST Innovations, LLC                     17-12104
     Strategic Financial LLC                  17-12105

Court: United States Bankruptcy Court
       District of Delaware (Delaware)

Judge:                Hon. Laurie Selber Silverstein

Debtors'
Local
Bankruptcy
Counsel:              Laura Davis Jones, Esq.
                      Timothy P. Cairns, Esq.
                      Joseph M. Mulvihill, Esq.
                      PACHULSKI STANG ZIEHL & JONES LLP
                      919 North Market Street, 17th Floor
                      P.O. Box 8705
                      Wilmington, Delaware 19899-8705
                      (Courier 19801)
                      Tel: (302) 652-4100
                      Fax: (302) 652-4400
                      E-mail: ljones@pszjlaw.com
                             tcairns@pszjlaw.com
                             jmulvihill@pszjlaw.com

Debtors'
General
Bankruptcy
Counsel:              James H.M. Sprayregen, P.C.
                      Ryan Blaine Bennett, Esq.
                      Alexandra Schwarzman, Esq.
                      Benjamin M. Rhode, Esq.
                      KIRKLAND & ELLIS LLP
                      KIRKLAND & ELLIS INTERNATIONAL LLP
                      300 North LaSalle
                      Chicago, Illinois 60654
                      Tel: (312) 862-2000
                      Fax: (312) 862-2200
                      E-mail: james.sprayregen@kirkland.com
                              ryan.bennett@kirkland.com
                              alexandra.schwarzman@kirkland.com
                              benjamin.rhode@kirkland.com

Debtors'
Financial
Advisor:              LAZARD MIDDLE MARKET, LLC
                      600 Fifth Avenue
                      New York, NY 10020
                      Tel: (212) 758-8575
                      Fax: (212) 758-3833
                      Web site: www.lazard.com

Debtors'
Restructuring
Advisor:              Jonathan Hickman, CRO
                      ALVAREZ & MARSAL NORTH AMERICA, LLC
                      1000 Town Center, Suite 750
                      Southfield, MI 48075
                      Tel: (248) 936-0800
                      Fax: (248) 936-0801
                      Web site: www.alvarezandmarsal.com

Debtors'
Notice &
Claims Agent:         EPIQ BANKRUPTCY SOLUTIONS, LLC
                      Web site: http://dm.epiq11.com/#/case/GAL

Estimated Assets: $100 million to $500 million

Estimated Debts: $100 million to $500 million

The petition was signed by Eric Evans, senior vice president and
chief financial officer.  A full-text copy of GST AutoLeather,
Inc.'s petition is available for free at:

             http://bankrupt.com/misc/deb17-12100.pdf

Debtors' List of 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Triangle Capital Corporation       Mezzanine Debt     $31,860,896
ATTN: Jeffrey A. Dombcik             Facility
3700 Glenwood Avenue, Suite 530
Raleigh, NC 27612
Tel: 919 719-4770
Email: jdombcik@tcap.com

Alcentra Capital Corporation
Attn: Scott Gold
200 Park Avenue, 7th Floor
New York, NY 10166
Scott Gold
Tel: 212 922-8240
Email: scott.gold@alcentra.com

Counsel
McGuireWoods LLP
Attn: Anne E. Croteau
434 Fayetteville Street, Suite 2600
Raleigh, NC 27061

McGuire Woods LLP
Attn: Douglas M. Foley
2001 K Street N.W., Suite 400
Washin ton, DC 20006

Americana De Cueros                   Trade Debt        $6,044,464
Attn: Vincente Lahud
General Manager
Blvd. Juan Jose Torres
Landa Pte. No. 4914
Guanajuato
Leon, 37438 Mexico
Tel: 52 47-7778-1206
Email: vincente.lahud@cuerocentro.com.mx

Curtiembre Arlei Sa                   Trade Debt        $4,162,427
Attn: Viviana Leiser, Owner
Bouchard 2840 -Lanus
Buenos Aires, 1824
Argentina
Tel: 54 11-4001-1102
Email: leiser.viviana@arlei.com

JBS S/A                               Trade Debt        $2,476,358

Attn: Eduardo Lampert
Manager Global Auto Sales
Av. Marginal Direita do
Tiete, 500
Sao Paolo, 05118
Brazil
Tel: 55 51-9352-6912
Email: eduardo.lampert@jbsleather.com

Tyson Fresh Meats, Inc.                Trade Debt       $2,299,381
Attn: Stephen Stouffer, President
800 Stevens Port Drive
Dakota Dunes, SD 57049
United States
Tel: 605 235-2061
Fax: 605 235-2068
Email: rony.ayala@tyson.com

Stahl De Mexico S.A De C.V.             Trade Debt      $1,860,668
Attn: Alex Campbell
Manager Global Auto Sales
Industrias Qui'micas 105
Zona Industrial
Toluca Edo. De Mexico,
50071 Mexico
Tel: 52 722-275-8600
Fax: 52 722-423-3024
Email: alexander.campbell@stahl.com

Lanxess Energizing Chemistry            Trade Debt      $1,033,716
Attn: Sarah Drayna
Manager Global Auto Sales
111 RIDC Park West Drive
Pittsburgh, PA 15275
United States
Tel: 414 559-1104
Email: sarah.drayna@lanxess.com

Quaker Color                            Trade Debt        $883,890
Attn: Kenneth Brown, President
201 South Hellertown Ave
Quakertown, PA 18951
United States
Tel: 215 536-3520
Fax: 215 536-2437

George H. Elliot Company                Trade Debt        $691,634
Attn: Kevin Ryan, President
6502 Joliet Rd, #F
Countryside, IL 60525
United States
Tel: 708 352-2122
Email: sales@elliotthide.com

National Beef Packing Co. LP            Trade Debt        $651,132
Attn: Timothy Klein
Chief Executive Officer
12200 N. Ambassador Drive
Suite 500
Kansas City, MO 64163
United States
Tel: 800 499-2333
Fax: 816 713-8863

Tannin Mexico Sa De Cv                  Trade Debt        $593,113
Attn: Goetz Hagen, President
Blvd. San Crispin 130
Fracc. Ind. San Crispin
Guanajuato
Leon, 37443, Mexico
Tel: 52 477-770-9499
Fax: 978 532-5536

Muller Textiles Inc.                    Trade Debt        $535,964
Attn: Erik Schleicher, Principal
3221 W. Big Beaver Road
Suite 109
Troy, MI 48084
United States
Tel: 248 458-0039
Fax: 888 384-2122
Email: erik.schleicher@mullertextiles.com

VFM, LLC                                Trade Debt        $326,049
Attn: Gary Young
President & CEO
1193 Atkinson Hill Avenue
Bardstown, KY 40004
United States
Tel: 502 350 0314
Email: gary@vfmllc.net

Ontario Die International S             Trade Debt        $301,852
A De Cv
Manager Global Auto Sales
Blvd. Hidalgo 2315 Co.
Valte De Sol
Colonia Tablas De La
Virgen Guanajuato
Leon, 37140 Mexico
Tel: 810 987-5060
Email: mgeffros@ontariodie.com

FXI Foamex                              Trade Debt        $208,243

Tannin Corporation                      Trade Debt        $185,533
Email: john.thompson@tannincorp.com

Cajas Y Corrugados S.A. De C.V.         Trade Debt        $168,944

WISTA GmbH                              Trade Debt        $166,343

TFL Mexicana Sa De Cv                   Trade Debt        $148,378

Email: henrik.pedersen@tfl.com

Zschimmer & Schwarz (Chemtan)           Trade Debt        $137,470
Email: m.mueller-mross@zschimmerschwartz.com

American KNW, Inc.                      Trade Debt        $131,670

Dystar LP                               Trade Debt        $123,788

Genfort                                 Trade Debt        $106,362
Email: robert.tsai@genfort.com.tw

Foreign Domestic Chemicals              Trade Debt        $103,000
Email: sam0226@hotmail.com

Officine Di Cartigliano S.P.A.          Trade Debt         $78,353

Toroza Quimica Sa De Cv                 Trade Debt         $75,827
Email: arturorb@toroza.com.mx

CH Robinson Worldwide                   Trade Debt         $73,561

Detroit Technologies, Inc.              Trade Debt         $58,816

Pratt Industries de                     Trade Debt         $46,282
Monterrey Bernardo RL de   

Galaxy/Spectron                         Remediation   Undetermined
Remediation Group LLC                   Claims Group
Attn: Dave Fennimore
Project Coordinator
748 Springdale Drive, Suite 150
Exton, PA 19341
Tel: 610 524-9466
Email: dfennimore@earthdatane.com

Counsel
Saul Ewing
3800 Centre Square West
1500 Market Street
Philadelphia, PA 19102
Carl B. Everett, Counsel
Tel: 215 972-7171
Email: Ceverett@saul.com


GST AUTOLEATHER: To Sell to Lenders Absent Viable Offer
-------------------------------------------------------
Auto-supplier GST AutoLeather, Inc., and its affiliates sought
Chapter 11 bankruptcy protection with plans to sell the business to
its lenders absent viable offers in an 11 U.S.C. Sec. 363 process.

The Company operates across four continents and maintains its
headquarters in Southfield, Michigan.  It employs approximately
5,600 employees worldwide, including the United States, Mexico,
Japan, China, Korea, Germany, Hungary, South Africa, and Argentina.
The Company supplies leather to virtually every major
OEM in the automotive industry, including Audi, BMW/Mini, Daimler,
Fiat Chrysler, Ford, General Motors, Hyundai, Honda, Porsche, PSA,
Nissan, Kia, Toyota and Volkswagen.  In 2016, the Company had net
sales of approximately $540 million.

The Debtors, together with their non-debtor affiliates, are a
global designer and manufacturer of automotive leather components.

Notwithstanding the Company's global reach and strong customer
relationships, the Company's financial performance has been
declining in recent years as a result of, among other things,
market-related selling price reductions, a decrease in the leather
content of certain new vehicle production, and issues associated
with certain new customer launches in Europe. Additionally, the
Company has made significant cash outlays in recent months in
response to out-of-contract demands, including pricing, from a
critical supplier and related working capital investments
undertaken to mitigate the risk of potential supply chain
disruption to its customers caused by such supplier actions and
demands.

Prior to the Company's recent liquidity concerns, the Company was
actively exploring a sale of the business.  In 2015, the Company
received an unsolicited, non-binding offer to purchase the Company
from a foreign strategic buyer.  Ultimately, the Company and the
foreign buyer were unable to agree on terms, including transaction
value and structure.  Discussions ended in June 2016. The following
month, the Company launched a broader marketing process led by
Lazard Middle Market LLC, the Debtors' proposed investment banker.
As part of this process, Lazard reached out to more than 90
potential strategic and financial buyers.  More than 40 of these
potentially interested parties signed nondisclosure agreements with
the Company and received confidential information regarding the
Company, including a confidential information memorandum prepared
by the Company and its advisors.  Ten of these parties submitted
preliminary non-binding indications of interest, of which nine
participated in management meetings in October 2016.

The Company's efforts resulted in the receipt of four nonbinding
letters of intent, and discussions with another potential strategic
buyer that did not previously submit a preliminary non-binding
indication of interest.  Unfortunately, during this time period,
the Company's financial performance declined, and potential buyers
either lowered their valuations, withdrew their bids, or opted to
wait to see if the Company's performance improved.  As of late May
2017, the Company was in discussions with three parties, but
concerns about the Company's performance caused two parties to drop
out of the process in June and July. The Company was subsequently
able to reengage one of those parties when another potential
strategic buyer expressed interest in purchasing the Company.
Discussions advanced toward executing binding documentation with
the two potential buyers throughout late summer 2017, but neither
potential buyer provided a binding offer for the purchase of the
Company.

Without a viable purchaser and in the face of increasingly
constrained liquidity, the Debtors engaged with the lenders under
the secured credit facility regarding their willingness to fund an
in-court marketing process and provide a stalking horse bid that
would establish a baseline value for the Debtors' assets against
which the Debtors could solicit higher or better offers from
alternative buyers.  These discussions and subsequent negotiations
resulted in the Debtors and Secured Lenders reaching mutual and
agreeable terms for a $40 million debtor in possession financing
facility that will provide sufficient liquidity to fund these
chapter 11 cases. Additionally, the Debtors and Secured Lenders are
finalizing the terms of an acquisition of the Company by the Senior
Lenders, in the event the Debtors' Section 363 sale process is
unable to produce a purchaser acceptable to the Debtors and the
Secured Lenders.  The Debtors will file a motion for approval of
bidding procedures and stalking horse protections in the near term.
The Debtors commenced these chapter 11 cases to obtain sufficient
capital to continue operating as a going concern and maximize value
for all stakeholders pursuant to a sale transaction.

                   Prepetition Capital Structure

As of the Petition Date, the principal amount of the Debtors'
consolidated funded debt obligations totaled approximately $196
million, comprised of:

     (a) approximately $164 million of obligations under the Senior
Credit Facility pursuant to a Credit Agreement by and among GST, as
borrower, Royal Bank of Canada, as administrative agent, and the
lenders from time to time party thereto; and

     (b) approximately $32 million of obligations under the
Mezzanine Loan under a Loan Agreement by and among GST, as
borrower, and the lenders from time to time party thereto, pursuant
to which the Company incurred approximately $30 million of initial
principal indebtedness.

Certain of the Debtors are party to a factoring facility with
Branch Banking and Trust Company, pursuant to which BB&T purchases
certain of the Debtors' receivables in North America.

GST and three non-debtor foreign affiliates are parties to a Debt
Confirmation Agreement dated as of September 20, 2017 by and
between Richina Leather Industrial Co., Ltd. ("RLI"), Zhongshan GST
Autoleather Co., Ltd. ("GST Zhongshan"), GST
(Shenyang) Autoleather Co., Ltd. ("GST Shenyang"), GST (Jiaxing)
Autoleather Co., Ltd. ("GST Jiaxing" and, together with GST
Zhongshan and GST Shenyang, the "PRC Entities"), and GST (the "Debt
Confirmation Agreement"), pursuant to which RLI, a supplier of
leather finishing services for the Company's Chinese operations,
agreed to continue providing goods and services on credit not to
exceed $7,000,000.  RLI is the Company's sole supplier of finishing
services in China and integral to the Company's Chinese operations.
The Debt Confirmation Agreement is secured by mortgages on certain
equipment of GST Zhongshan and GST Shenyang and pledges of equity
in each of the PRC Entities.  As of the Petition Date, the Company
has utilized approximately $4.1 million of the total outstanding
credit available under the Debt Confirmation Agreement.

The majority of the Company's outstanding equity is owned by
Advantage Partners.  A minority portion of the Company's
outstanding equity is owned by the Pacific Alliance Group (PAG) and
certain members of management, who made equity investments in the
Company.

                    About GST AutoLeather

Headquartered in Southfield, Michigan, GST AutoLeather, Inc., was
founded in 1933, then known as Garden State Tanning, initially
operated as a tanning company that processed leather for the
upholstery and garment industries.  The Company entered the
automotive industry in 1946.

As of Oct. 3, 2017, the Company employs approximately 5,600 people
worldwide, including the United States, Mexico, Japan, China,
Korea, Germany, Hungary, South Africa, and Argentina.  The Company
supplies leather to virtually every major OEM in the automotive
industry, including Audi, BMW/Mini, Daimler, Fiat Chrysler, Ford,
General Motors, Hyundai, Honda, Porsche, PSA, Nissan, Kia, Toyota
and Volkswagen.
  
GST AutoLeather, Inc. and five of its affiliates filed voluntary
petitions for relief under chapter 11 of the United States
Bankruptcy Code (Bankr. D. Del. Lead Case No. 17-______) on Oct. 3,
2017.

The Company has obtained a commitment for a $40 million
debtor-in-possession facility from its existing senior lenders.
This facility will allow GST to continue operations without
interruption during the reorganization process, including payment
of vendors and suppliers for all goods and services provided
following commencement of the cases, while its management team and
advisors focus on a sale of the Company.

The Hon. Laurie Selber Silverstein is the case judge.

The Debtors tapped Pachulski Stang Ziehl & Jones LLP as local
bankruptcy counsel; KIRKLAND & ELLIS LLP as general bankruptcy
counsel; Lazard Middle Market, LLC, as financial advisor; Alvarez &
Marsal North America, LLC, as restructuring advisor; and Epiq
Bankruptcy Solutions, LLC, as claims and noticing agent.


GULFMARK OFFSHORE: Hughes Hubbard Advises DNB in Exit Financing
---------------------------------------------------------------
Bankrupt shipping firm GulfMark Offshore, Inc. and GulfMark Rederi
AS, a wholly-owned subsidiary of the company, entered into a
commitment letter with DNB Markets, Inc., DNB Capital LLC and
Hayfin DLF II Luxco 2 S.A.r.l. regarding the terms of the provision
of certain credit facilities  in connection with the confirmation
of the Company's proposed plan of reorganization filed in
connection with its chapter 11 case pending in the United States
Bankruptcy Court for the District of Delaware.

Hughes Hubbard & Reed represented DNB Bank as DIP Lender and Exit
Facility provider.  Hughes Hubbard & Reed's Christopher Kiplok and
Anson Frelinghuysen advised.

In connection with the exit financing, GulfMark's president and
chief executive officer, Quintin Kneen, said DNB "led a heroic
effort."  

A copy of the court filing is available at:

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

                    About Gulfmark Offshore

GulfMark Offshore, Inc., a Delaware corporation, was incorporated
in 1996.  The Company provides offshore marine support and
transportation services primarily to companies involved in the
offshore exploration and production of oil and natural gas.  The
Company's vessels transport materials, supplies and personnel to
offshore facilities, and also move and position drilling and
production facilities.  The majority of the Company's operations
are conducted in the North Sea, offshore Southeast Asia and
offshore the Americas.  The Company currently operates a fleet of
73 owned or managed offshore supply vessels, or OSVs, in the
following regions: 30 vessels in the North Sea, 13 vessels offshore
Southeast Asia, and 30 vessels offshore the Americas.

GulfMark Offshore filed for Chapter 11 bankruptcy protection
(Bankr. D. Del. Case No. 17-11125) on May 17, 2017.  Quintin V.
Kneen, president and chief executive officer, signed the petition.

Mark D. Collins, Esq., Zachary I. Shapiro, Esq., Brett M. Haywood,
Esq. and Christopher M. De Lillo, Esq., of Richards, Layton &
Finger, P.A., as well as Gary T. Holtzer, Esq., Ronit J. Berkovish,
Esq., and Debora A. Hoehne, Esq., of Weil Gotshal & Manges LLP
serve as counsel to the Debtor.  The Debtor has also tapped Blank
Rome LLP as corporate counsel; Alvarez & Marsal North America, LLC
as financial advisor; Evercore Group L.L.C. as investment banker;
Ernst & Young LLP as restructuring consultant; KPMG US LLP as
auditor and tax consultant; and Prime Clerk LLC as claims and
noticing agent.


GV HOSPITAL: PCO Submits Third Interim Report
---------------------------------------------
Susan N. Goodman, the patient care ombudsman for GV Hospital
Management, LLC, submits a third interim report of her evaluation
regarding the patient care provided at Green Valley Hospital.

The PCO observed an operative procedure, confirming that staff,
supplies, and quality processes were all in place. The surgeon,
anesthesia, and OR staff denied staffing concerns. Limited supply
concerns were reported by OR staff, sterile processing, and
anesthesia. Senior clinical and materials management leadership
attributed the supply challenges to operational issues. Products
needed on the day of PCO's visit were borrowed from another
hospital. Materials leadership and the OR team reported that OR
staff was engaged in supplemental supply acquisition efforts
through third-party sourcing companies for some supplies that have
been difficult to obtain post-bankruptcy. The PCO will remain
engaged in monitoring OR supply challenges.

While the clinical staff is reporting some measure of bankruptcy
fatigue and closure fears, they continue with positive reports of
feeling informed about the bankruptcy process from leadership. The
quality of patient care continues without material compromise or
material decline.

The PCO will continue to monitor quality and risk data remotely
during the interim period between reports. To avoid further staff
worry, the PCO set the expectation that one final site visit may be
necessary before plan confirmation, depending on the timing of the
Court hearings.

A full-text copy of the PCO's Third Interim Report dated Sept. 25,
2017, is available at:

     http://bankrupt.com/misc/azb4-17-03351-442.pdf

A full-text copy of the PCO's Second Interim Report dated July 24,
2017, is available at:

     http://bankrupt.com/misc/azb17-03351-276.pdf

              About GV Hospital Management LLC

Green Valley Hospital -- http://www.greenvalleyhospital.com/-- is
a licensed and general acute care hospital open 24 hours a day,
seven days a week.  It cost more than $75 million to construct and
equip.  The facility opened in May of 2015.  The hospital is a
49-bed general acute care hospital with a 12-bed emergency
department.  The hospital currently has 337 employees and has
credentialed over 232 physicians on its medical staff.

GV Hospital Management, LLC dba Green Valley Hospital, and its
affiliates Green Valley Hospital, LLC dba Green Valley Hospital and
GV II Holdings, LLC, filed Chapter 11 petitions (Bankr. D. Ariz.
Case Nos. 17-03351, 17-03353 and 17-03354, respectively) on April
3, 2017.  Grant Lyon, chairman of the Board, signed the petitions.
The cases are jointly administered.

GV Hospital Management estimated $50 million to $100 million in
assets and liabilities. Green Valley Hospital estimated $1 million
to $10 million in assets and up to $100 million in liabilities.  GV
II Holdings estimated under $1 million in assets and $50 million to
$100 million in liabilities.

The cases are assigned to Judge Scott H. Gan.

The Debtors are represented by S. Cary Forrester, Esq., and John R.
Worth, Esq., at Forrester & Worth, as bankruptcy counsel.  The
Debtors hired Edwards Largay Mihaylo & Co., PLC as tax accountant.

The Office of the U.S. Trustee on May 17 appointed an official
committee of unsecured creditors.  The committee hired Perkins Coie
LLP as bankruptcy counsel.

Susan N. Goodman, RN JD, was appointed Patient Care Ombudsman for
GV Hospital Management, LLC.


GYMBOREE CORP: Taps Deloitte & Touche for Fresh Start Accounting
----------------------------------------------------------------
The Gymboree Corporation  and its affiliates seek approval from the
US Bankruptcy Court for the Eastern District of Virginia, Richmond
Division, to employ Deloitte & Touche LLP as fresh start accounting
planning and implementation advisor.

Services Deloitte & Touche will provide are:

     (i) advise the Debtors as they plan and prepare for
         recording the effects of their plan of reorganization
         and the adoption of the revaluation of their assets and
         liabilities under fresh start accounting, which includes
         commenting on the Debtors' accounting group's overall
         plan to account for the Debtors' emergence from
         chapter 11;

    (ii) advise the Debtors' management as they adopt fresh start
         accounting, which includes commenting on the Debtors'
         presentation consisting of the closing predecessor
         balance sheet, plan adjustments, fresh start accounting
         adjustments, and the successor entity financial
         statements, as well as commenting on other bankruptcy-
         related financial statement disclosures prepared by the
         Debtors; and

   (iii) advise the Debtors on potential reporting and systems
         needs in periods subsequent to their implementation of
         fresh start accounting.

Deloitte & Touche's applicable hourly billing rates are:

     Partner/Principal                       $695-795
     Managing Director                       $575-795
     Senior Manager Specialist               $550
     Senior Manager / Senior Vice President  $535-645
     Manager / Vice President                $465
     Associate / Senior Associate            $375-425

Adam R. Siegel, a partner of the firm of Deloitte & Touche LLP,
attests that Deloitte & Touche and firm's engagement partners,
principals and managing directors are "disinterested persons" as
that term is defined in section 101(14) of the Bankruptcy Code, as
modified by section 1107(b) of the Bankruptcy Code.

The Firm can be reached through:

     Adam R. Siegel
     DELOITTE & TOUCHE LLP
     30 Rockefeller Plaza
     New York, NY 10112-0015
     Phone: 212-492-4000
     Fax: 212-489-1687

                     About The Gymboree Corp.

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

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

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

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

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

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

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

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

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

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

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

Judy A. Robbins, U.S. Trustee for Region 4, on June 22, 2017,
appointed seven creditors to serve on the official committee of
unsecured creditors in the Chapter 11 case of Gymboree Corp.  Hahn
& Hessen LLP serves as lead counsel to the Committee, and Tavenner
& Beran, PLC, serves as local counsel.  Protiviti Inc. acts as
financial advisor to the Committee.


HAMPSHIRE GROUP: Disclosures Approved, Plan Confirmed
-----------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court approved
Hampshire Group's Disclosure Statement and concurrently confirmed
the First Amended Joint Chapter 11 Plan of Liquidation, proposed by
the Company and its official committee of unsecured creditors. As
previously reported, "The Plan contemplates the substantive
consolidation of the Debtors' Estates into a single Estate for all
purposes associated with Confirmation and Consummation. The Plan
further provides for the establishment on the Effective Date of the
Liquidation Trust for the primary purpose of administering and
liquidating the Trust Assets and for the secondary purposes of,
inter alia, (a) analyzing and pursuing Causes of Action; (b)
resolving all Administrative Expense Claims, Professional Fee
Claims, and Claims; and (c) making all Distributions provided for
under the terms of the Plan. The Liquidation Trust shall be under
the direction and control of the Liquidation Trustee, as trustee of
the Liquidation Trust, subject to the terms of the Plan and the
Liquidation Trust Agreement . . ."

The report continues, "On or as soon as practicable after the
Effective Date, after the Liquidation Trustee has funded (i) the
initial $250,000 of the Post-Effective Date Trust Expense Reserve
and (ii) the 401(k) Plan Termination Reserve, the Liquidation
Trustee will distribute, on a Pro Rata basis, the Distributable
Cash by (a) making Pro Rata Distributions of Cash to each Holder of
an Allowed Administrative Expense Claim and (b) funding a Plan
Reserve in Cash for all Disputed Administrative Expense Claims the
aggregate amount of which equals the sum of (y) the Pro Rata
Distribution calculated based upon the undisputed amount, if any,
of each Disputed Administrative Expense Claim, after taking into
account any claims, rights, or defenses of the Debtors, their
Estates, or the Liquidation Trust, and (z) the Liquidation
Trustee's good faith estimate of a sufficient amount to satisfy the
disputed amount of each Disputed Administrative Expense Claim."

                     About Hampshire Group

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

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

The petitions were signed by Paul Buxbaum, president and CEO.

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

Blank Rome LLP is the Debtors' counsel.  William Drozdowski of GRL
Capital Advisors LLC is the Debtors' chief financial officer.

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

                         *     *     *

The Bankruptcy Court authorized Hampshire Group, Limited, to sell
the James Campbell assets to The Fashion Exchange, LLC, pursuant to
an asset purchase agreement dated Jan. 13, 2017.  Klestadt Winters
Jureller Southard & Stevens, LLP, served as legal advisor to the
buyer.


HARRINGTON & KING: Court Extends Cash Collateral Use Until Oct. 13
------------------------------------------------------------------
The Hon. Deborah L. Thorne of the U.S. Bankruptcy Court for the
Northern District of Illinois has signed an agreed order, extending
Harrington & King Perforating Co.'s and Harrington & King South
Inc.'s authority to use cash collateral under the Agreed Tenth
Interim Cash Collateral Order through Oct. 13, 2017.

The Debtors and Inland Bank & Trust have agreed to the terms of the
agreed order.

A further hearing to consider the continued use of cash collateral
will be held on Oct. 12, 2017 at 10:00 a.m.  The Debtors will also
present a motion to appoint a selling agent for the sale of
substantially all of the Debtor's property at the October 12
hearing.

A full-text copy of the Agreed Order, dated Sept. 28, 2017, is
available at https://is.gd/5dgBgU

                   About The Harrington & King

The Harrington & King Perforating Co., Inc., and Harrington & King
South Inc. are in the business of manufacturing perforating metal
sheets and rolled coils of varying gauges and types to produce hole
patterns of various sizes, shapes, and spacing.  Most of the work
is done to customer specifications and consists of high value-added
jobs, not typical of most metal punching.  The products are used in
automotive, acoustics, architecture, food and pharmaceutical
straining and filtering, interior design, manufacturing, safety
flooring, pollution control, transportation and mining cleaning and
grading, electronics and other fields.

Harrington & King Perforating Co. and Harrington & King South
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
N.D. Ill. Case Nos. 16-15650 and 16-15651) on May 7, 2016.  The
petitions were signed by Greg McCallister, chief restructuring
officer and chief operating officer.  The cases are jointly
administered under Case No. 16-15650.  

The Debtors each estimated assets and liabilities in the range of
$1 million to $10 million.

The cases are assigned to Judge Deborah L. Thorne.

The Debtors engaged The Law Office of William J. Factor, Ltd., as
bankruptcy counsel.  The Debtors tapped Ulmer & Berne LLP as
special counsel; Spiegel & Cahill, P.C., as special workers'
compensation counsel; Beacon Management Advisors LLC as financial
advisor; and Cushman & Wakefield of Illinois, Inc., as real estate
broker.

The official committee of unsecured creditors retained Goldstein &
McClintock LLLP as its legal counsel and Conway MacKenzie, Inc., as
its financial advisor.

                         *     *     *

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


HELLO NEWMAN: $300,000 in Financing From Admar Investments OK'd
---------------------------------------------------------------
The Hon. Shelley C. Chapman of the U.S. Bankruptcy Court for the
Southern District of New York has authorized Albert Togut, Chapter
11 Trustee for Hello Newman, Inc., to obtain postpetition financing
on behalf of the Debtor's estate up to the amount of $300,000 from
Admar Investments LLC.

The Chapter 11 Trustee is authorized to execute all documents
necessary or appropriate to consummate the transactions
contemplated in the loan documents as may be necessary to:

     (i) pay taxes, insurance premiums, governmental charges, and
         other costs and expenses to maintain, secure, repair, and

         safeguard the Debtor's real property located at 113 E.
         2nd Street, New York, New York; and

    (ii) make an advance(s) of funds to Leon Hartman, Doris
         Kornish's son, and not directly to Ms. Kornish, utilizing

         a bank account that Leon Hartman, and Odetta Hartman, and

         Camellia Hartman, Ms. Kornish's daughters, have
         established at Citibank, N.A., Account No. xxx4466, to
         receive the Advances that may be made for the benefit of
         Ms. Kornish to be used by Leon Hartman to facilitate Ms.
         Kornish's move from the Real Property to another
         residence, all as may be consistent with the court order,

         which when consummated, will constitute legal, valid, and

         binding obligations of the Debtor, that are enforceable
         against the Debtor, its successors and/or assigns in
         accordance with  its terms.  

The Lender's obligation to provide Financing will terminate upon
the earliest to occur of:

     (i) the date of final indefeasible payment and satisfaction
         in full in cash of the Financing, and termination of the
         Debtor's obligations under the loan documents;

    (ii) the consummation of the sale or other disposition of all
         or substantially all of the Real Property, and upon an
         uncured event of default under the terms of the loan
         documents.  

For the avoidance of doubt, in the event of an uncured Event of
Default, the Lender, its successors and assigns, may declare the
entire Debt to be immediately due and payable and may seek a court
order upon five business days prior written notice to the Chapter
11 Trustee and other parties in interest in the above-captioned
case to obtain relief from the automatic stay for authority to
enforce of its state law rights and remedies against the Real
Property.

The Financing to be provided by the Lender to the estate of the
Debtor, as contemplated in the loan documents, will be, and is
granted the status of an allowed super-priority administrative
expense claim of the estate pursuant to 11 U.S.C. Section
364(c)(1).

A copy of the court order is available at:

         http://bankrupt.com/misc/nysb16-12910-108.pdf

                      About Hello Newman

Hello Newman Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D.N.Y. Case No. 16-12910) on Oct. 17,
2016.  The petition was signed by Philip Hartman, secretary.  At
the time of the filing, the Debtor $14 million in assets and $4.69
million in liabilities.

The case is assigned to Judge Shelley C. Chapman.  

The Debtor hired Rosenberg, Musso & Weiner, LLP, as its legal
counsel.

The Office of the U.S. Trustee appointed Albert Togut as Chapter 11
trustee for the Debtor.  The Chapter 11 trustee tapped his own
firm, Togut, Segal & Segal LLP, as counsel.  The Trustee also
tapped Warburg Realty as real estate broker and Andrew W. Plotzker
as accountant.


HILTZ WASTE DISPOSAL: Trustee Can Continue Using Cash Until Oct. 24
-------------------------------------------------------------------
Judge Joan N. Feeney of the U.S. Bankruptcy Court for the District
of Massachusetts authorized Marck G. DeGiacomo, the court-appointed
Chapter 11 Trustee of Hiltz Waste Disposal, Inc.'s estate, to
continue using cash collateral through the continued hearing which
will be held on Oct. 24, 2017 at 12:00 noon.

Any objections to the further use of cash collateral must be filed
by Oct. 20, 2017.  The Chapter 11 Trustee will file an actual
income and expense financial statement, compared to its budget for
the period of Sept. 16 through Oct. 16, 2017 by Oct. 18, 2017.

The Chapter 11 Trustee is authorized to expend cash, deposits and
cash equivalents for its operations consistent with and up to the
amounts set forth in the Budget.  He is also authorized to pay
monthly rent to Kondelin Road, LLC for its use and occupancy of the
premises located at 24 and 25 Kondelin Road, Gloucester,
Massachusetts, consisting of a $5,314 cash payment to be used to
pay Kondelin Road's obligation to First Ipswich Bank.  In addition,
the Debtor will continue to pay all utilities and real estate taxes
associated with its use of the property.

The Chapter 11 Trustee is directed to make adequate protection
payments to First Ipswich Bank, in the amount of $39,726 per month.


First Ipswich Bank is also granted a valid, binding, enforceable
and perfected replacement and continuing security interest in and
lien on all of the Debtor's prepetition and post-petition assets to
the extent, validity and priority as it held as of the Petition
Date, but only to the extent of any post-petition diminution in
value of its prepetition collateral.  In addition, First Ipswich
Bank is granted superpriority claim under Section 507(b) of the
Bankruptcy Code, as is applicable.

A full-text copy of the Order, dated Sept. 28, 2017, is available
at https://is.gd/9pfvwM  

                   About Hiltz Waste Disposal

Hiltz Waste Disposal, Inc., filed a Chapter 11 petition (Bankr. D.
Mass. Case No. 16-13459) on Sept. 7, 2016.  Deborah S. Hiltz, its
president, signed the petition.  The Debtor estimated assets and
liabilities at $1 million to $10 million.  

The case is assigned to Judge Joan N. Feeny.  

Aaron S. Todrin, Esq., at Sassoon & Cymrot, LLP, served as counsel
to the Debtor.  Silverman, Avila & Gershaw, CPAs, was the Debtor's
accountants.  

The Official Committee of Unsecured Creditors formed in the case
retained Morrissey Wilson & Zafiropoulos, LLP, as counsel to the
Committee, effective as of Oct. 19, 2016.  

Mark G. DeGiacomo has been appointed as Chapter 11 Trustee for the
Debtor.  The Trustee hired Murtha Cullina LLP as counsel.
Verdolino & Lowey, P.C., serves as accountant to the Trustee.


HJR LLC: Old National Bank Seeks to Prohibit Cash Collateral Use
----------------------------------------------------------------
Old National Bank asks the U.S. Bankruptcy Court for the Eastern
District of Wisconsin to prohibit HJR, LLC, from using cash
collateral and require the Debtor to provide disclosures regarding
its prepetition sale or lease of Old National Bank's collateral to
Johal Gas & Food Mart LLC.   

Old National Bank extended its loan to Debtor in the principal
amount of $663,103.  The current principal balance of the Loan is
approximately $361,000.  Payment of the Loan is secured by a
Mortgage executed by the Debtor with respect to real estate located
at 1720 North Street in Neenah, WI -- the Neenah Site.

On Jan. 27, 2017, Old National Bank filed an action in the
Winnebago County Circuit Court (Winnebago County Case No. 17-CV-93)
seeking foreclosure of the Real Estate and replevin of the
Collateral.

In early July 2017, Old National Bank returned to the Winnebago
County Court seeking a final judgment in the Lawsuit, and a hearing
was scheduled for Sept. 14, 2017.  The Debtor, however, filed for
bankruptcy protection on Sept. 13, 2017.

Old National Bank complains that the Debtor's Schedules now
indicate that Debtor leased the Real Estate and sold the Collateral
to Johal Gas prior to filing its Petition on Sept. 13, 2017.  The
public records indicate that Johal Gas was organized on June 5,
2017 -- during the time in which Old National Bank was attempting
to resolve the Lawsuit via the Forbearance Agreement.  Old National
Bank believes that Johal Gas was organized for the sole purpose of
participating in the Transfers with the Debtor.

Old National Bank asserts that the transfers were not made in the
Debtor's ordinary course of business.  Old National Bank further
asserts that it was not aware of the Transfers at the time they
were made by Debtor, nor did it approve the Transfers.  Worse, Old
National Bank complains that it has not received any proceeds from
the Transfers.

Accordingly, Old National Bank claims that the proceeds received by
Debtor as a result of the Transfers are proceeds from the Real
Estate and Collateral, and constitute Old National Bank's cash
collateral.  Moreover, Old National Bank argues that if the
Schedules are accurate, the Debtor is no longer operating the
Neenah Site (Johal gas is doing so), which means that the Debtor
has no need for the use of any cash collateral for the continued
operation of the Neenah Site.

Despite demand by Old National Bank, the Debtor has failed to
provide any information regarding the Transfers.  Old National Bank
contends that the Debtor's disclosure of such documents is
necessary for Old National Bank to determine whether the Transfers
evidence a legitimate transaction supported by adequate
consideration.

Old National Bank is represented by:

           Michele M. McKinnon, Esq.
           Law Firm of Conway, Olejniczak & Jerry, S.C.
           P.O. Box 54305-2300
           Green Bay, WI 54305-3200
           Telephone: (920) 437-0476

                       About HJR, LLC

HJR, LLC, doing business as Neenah BP, and formerly doing business
as Badger Avenue Gas, owns gas stations.  HJR has buried gas tanks
at two of its gas station locations: 1720 North St. Neenah, WI
54956 and 1201 N. Badger Ave., Appleton, WI 54914. Both sites are
currently inspected and up to code.

HJR, LLC, sought Chapter 11 protection (Bankr. E.D. Wis. Case No.
17-29073) on Sept. 13, 2017, estimating assets in the range of
$500,000 to $1 million and $1 million to $10 million in debt.  The
petition was signed by Charanjit Singh, its member.

Judge Susan V. Kelley is assigned to the case.

The Debtor tapped John W. Menn, Esq., at Steinhilber Swanson LLP,
as counsel.


HOLOGIC INC: Moody's Rates New $350MM Senior Unsecured Bonds Ba3
----------------------------------------------------------------
Moody's Investors Service assigned a Ba3 rating to Hologic, Inc.'s
new $350 million senior unsecured bonds. There is no change to the
existing Ba2 Corporate Family Rating (CFR), Ba2-PD Probability of
Default Rating (PDR), Ba1 senior secured ratings, or Ba3 senior
unsecured rating. The rating outlook is stable.

Proceeds from the new bond offering, in tandem with proceeds from
Hologic's new senior secured credit facility, will be used to
refinance debt, including the company's existing term loan and
convertible notes. These transactions have no material impact on
leverage and are credit positive as the company's debt maturity
profile is extended.

Moody's took the following rating actions on Hologic, Inc.:

Ratings Assigned:

Senior unsecured bonds due 2025 at Ba3 (LGD5)

Ratings Unchanged:

Corporate Family Rating at Ba2

Probability of Default Rating at Ba2-PD

Senior secured revolving credit facility expiring 2022 at Ba1
(LGD3)

Senior secured term loan due 2022 at Ba1 (LGD3)

Senior unsecured notes due 2022 at Ba3 (LGD5)

Speculative Grade Liquidity Rating at SGL-1

The outlook is stable.

RATINGS RATIONALE

Hologic's Ba2 CFR rating reflects its good scale, leading market
positions within its core franchises, and good revenue diversity by
product and customer. The rating is also supported by the recurring
nature of nearly 70% of the company's revenues which are generated
from service contracts and consumables. Further, the company
generates good free cash flow, has strong interest coverage and
carries moderate leverage of approximately 3.3x.

The ratings are constrained by Hologic's sensitivity to general
medical utilization trends and hospital capital equipment spending.
Further, the ratings reflect risks associated with technology
obsolescence and changes in medical practices.

Hologic's Speculative Grade Liquidity Rating of SGL-1 reflects
Moody's expectation for very good liquidity over the next 12-18
months. This view is supported by a sizeable cash balance ($588
million as of July 1, 2017) and Moody's belief that free cash flow
will remain strong in 2017 and 2018. The substantial majority of
the company's cash is generated domestically, and therefore easily
accessible for US cash needs and potential debt repayment. The
increased revolver size provides further support.

Moody's could upgrade the ratings if Hologic can generate sustained
organic revenue growth and continue to repay debt such that the
rating agency expects adjusted debt to EBITDA to be sustained at
roughly 2.5x.

Moody's could downgrade the ratings if Hologic experiences a
material reduction in revenue and earnings. Specifically, ratings
could be downgraded if Moody's expects adjusted debt to EBITDA to
be sustained above 3.5x, or if liquidity deteriorates
meaningfully.

The principal methodology used in these ratings was Medical Product
and Device Industry published in June 2017.

Hologic, Inc. is a leading developer, manufacturer and supplier of
premium diagnostic products, medical imaging systems and surgical
products. The company's core business units focus on diagnostics,
breast health, gynecological surgical, skeletal health and medical
aesthetics. Pro forma revenues are approximately $3 billion.


HOLOGIC INC: Moody's Rates New $3BB Senior Credit Facility Ba1
--------------------------------------------------------------
Moody's Investors Service assigned a Ba1 rating to Hologic, Inc.'s
new $3.0 billion senior secured credit facility. There is no change
to the existing Ba2 Corporate Family Rating (CFR), Ba2-PD
Probability of Default Rating (PDR), or the unsecured notes rating
of Ba3. The rating outlook is stable.

The new senior secured credit facility consists of a $1.5 billion
term loan and an upsized $1.5 billion revolving credit facility.
Proceeds from the new facilities will be used to refinance existing
debt, including term loan and convertible notes. The increase in
the revolver size to $1.5 billion from $1 billion will further
enhance Hologic's already very good liquidity, as indicated by its
SGL-1 Speculative Grade Liquidity Rating.

Moody's will withdraw the ratings on the existing bank debt at the
transaction's close.

Moody's took the following rating actions on Hologic, Inc.:

Ratings Assigned:

Senior secured revolving credit facility expiring 2022 at Ba1
(LGD3)

Senior secured term loan due 2022 at Ba1 (LGD3)

Ratings to be withdrawn upon close:

Senior secured revolving credit facility expiring 2020 at Ba1
(LGD2)

Senior secured term loan due 2020 at Ba1 (LGD2)

Ratings Unchanged:

Corporate Family Rating at Ba2

Probability of Default Rating at Ba2-PD

Senior unsecured notes due 2022 at Ba3 (LGD5)

Speculative Grade Liquidity Rating at SGL-1

The outlook is stable.

RATINGS RATIONALE

Hologic's Ba2 CFR rating reflects its good scale, leading market
positions within its core franchises, and good revenue diversity by
product and customer. The rating is also supported by the recurring
nature of nearly 70% of the company's revenues which are generated
from service contracts and consumables. Further, the company
generates good free cash flow, has strong interest coverage and
carries moderate leverage of approximately 3.3x.

The ratings are constrained by Hologic's sensitivity to general
medical utilization trends and hospital capital equipment spending.
Further, the ratings reflect risks associated with technology
obsolescence and changes in medical practices.

Hologic's Speculative Grade Liquidity Rating of SGL-1 reflects
Moody's expectation for very good liquidity over the next 12-18
months. This view is supported by a sizeable cash balance ($588
million as of July 1, 2017) and Moody's belief that free cash flow
will remain strong in 2017 and 2018. The substantial majority of
the company's cash is generated domestically, and therefore easily
accessible for US cash needs and potential debt repayment. The
increased revolver size provides further support.

Moody's could upgrade the ratings if Hologic can generate sustained
organic revenue growth and continue to repay debt such that the
rating agency expects adjusted debt to EBITDA to be sustained at
roughly 2.5x.

Moody's could downgrade the ratings if Hologic experiences a
material reduction in revenue and earnings. Specifically, ratings
could be downgraded if Moody's expects adjusted debt to EBITDA to
be sustained above 3.5x, or if liquidity deteriorates
meaningfully.

The principal methodology used in these ratings was Medical Product
and Device Industry published in June 2017.

Hologic, Inc. is a leading developer, manufacturer and supplier of
premium diagnostic products, medical imaging systems and surgical
products. The company's core business units focus on diagnostics,
breast health, gynecological surgical, skeletal health and medical
aesthetics. Pro forma revenues are approximately $3 billion.


HOLOGIC INC: S&P Rates New $350MM Senior Unsecured Notes 'BB-'
--------------------------------------------------------------
S&P Global Ratings assigned its 'BB-' issue-level rating and '6'
recovery rating to Marlborough, Mass.-based Medical device
manufacturer Hologic Inc.'s (BB+/Stable/--) proposed $350 million
senior unsecured notes. The '6' recovery rating reflects S&P's
expectation for negligible (0%-10%; rounded estimate: 0%) recovery
in the event of default.

S&P said, "We expect Hologic will use the proceeds from the
proposed notes, together with available cash, to repurchase its
outstanding convertible notes and/or to repay a portion of the
outstanding amounts borrowed under its $1.5 billion revolver.

"Our 'BB+' corporate credit rating on Hologic is unaffected by this
leverage-neutral refinancing, and incorporates our view of the
company's leading market position in breast health, supported by
high barriers to entry, its solid above average profitability and
moderate product and geographic diversity. While we expect mergers
and acquisitions (M&A) to contribute to Hologic's growth strategy,
we expect the company to maintain leverage between 2x and 3x."

RECOVERY ANALYSIS

Key analytical factors

S&P said, "We have reviewed our recovery analysis on Hologic in
conjunction with the company's issuance of proposed $350 million
senior unsecured notes assuming the company will use the proceeds,
together with available cash and revolver, to redeem all of its
subordinated convertible notes."

Proforma for the notes issuance, the company's capital structure
will consist of a $1.5 billion revolving credit facility, $1.5
billion first-lien term loan and total amount of $1.35 billion
unsecured notes.

S&P said, "Our simulated default scenario contemplates a default in
2022, stemming from a combination of unanticipated operational
challenges, adverse changes to reimbursement, and the development
of superior technologies by competitors. We assume the revolver is
85% drawn at default, and about a 300-basis-point increase in
borrowing costs resulting from LIBOR and margin increases stemming
from covenant violations.

"We have valued the company on a going-concern basis using a 6.5x
multiple of our projected emergence-level EBITDA, consistent with
our treatment of similar peers."

Simulated default assumptions

-- Simulated year of default: 2022
-- EBITDA at emergence: $386 million
-- EBITDA multiple: 6.5x

Simplified waterfall

-- Net enterprise value (after 5% admin. costs): $2,384 million
-- Valuation split in % (obligors/nonobligors): 95/5
-- Collateral value available to first-lien creditors: $2,139
million
-- Secured first-lien debt: $2,490 million
    --Recovery expectations: 70%-90%; rounded estimate: 85%
-- Value available to unsecured creditors: $42 million
-- Unsecured creditors (including deficiency claims from secured
debt): $1,736 million
    --Recovery expectations: 0%-10%; rounded estimate: 0%

RATINGS LIST

  New Rating
  Hologic Inc.
  Senior Unsecured
   US $350 mil Notes due 2025             BB-                    
  Recovery Rating                         6(0%)


HUMMEL STATION: S&P Affirms 'BB-' Rating on Sr. Secured Term Loan B
-------------------------------------------------------------------
S&P Global Ratings said it affirmed its 'BB-' issue-level rating on
Hummel Station LLC's $455 million senior secured term loan B
facility due 2022. The outlook is stable.

S&P said, "We also revised the recovery rating on the term loan to
'2' from '1', indicating our expectation for substantial (70%-90%;
rounded estimate: 70%) recovery of principal in a default
scenario."

Construction has been delayed approximately two months, and
commercial operations date is now expected around the end of April
2018. The delay has been primarily driven by severe weather and
lower-than-expected labor productivity, due to Bechtel's difficulty
in finding skilled workers and negotiating wages. Despite this, S&P
expects the cash-funded contingency to more than cover incremental
costs, estimated at about $17 million to date.

S&P said, "We further estimate that about $20 million will remain
in the contingency fund once all costs are covered. While we do not
currently believe the delay will materially affect the rating, we
note that the project has an obligation to deliver capacity to the
Pennsylvania-Jersey-Maryland (PJM) Interconnection beginning on
June 1, 2018, and any failure to do so could have a negative impact
on the rating."

At the end of August 2017, the total project was 81.8% complete
against a plan of 88.7% to the guaranteed completion date.
Engineering is 97.6% complete and construction is 72.5% complete.
There is no change to the construction phase SACP of 'bbb-';
however, given the lower operations phase SACP, this does not
affect the rating of the project.

S&P said, "The stable outlook reflects our expectation that the
project will be completed in April 2018, a delay of about two
months relative to original expectations. We expect that it will
then earn DSCRs of about 1.4x on average, with a 1.36x minimum
during the term loan B period. This hinges on continued stability
in capacity payments and a robust PJM energy market, as well as
availability of about 94%. This should yield leverage of about
$590/kW at maturity, leaving the project with refinancing risk.

"We would consider a downgrade during construction if change orders
became substantial, leading to considerable cost overruns that
exceeded the cash contingency, or if construction delays caused an
inability to meet the heat rate call operation (HRCO) agreement
terms or capacity obligations for a prolonged period. Thereafter,
lower ratings could stem from a weaker energy and capacity market
or performance that is beneath our expectations, possibly resulting
in a minimum DSCR under 1.35x or an increase in debt outstanding at
maturity. We could also lower the rating if the project failed to
sweep cash to the senior debt as expected, leading to increased
refinancing risk and a PLCR below 1.5x.

"While unlikely at this time, we could raise the rating if market
conditions improved significantly in PJM, such that minimum DSCRs
during the term loan B period exceeded 2x. Furthermore, the
strengthening of existing HRCOs could lead to lower market risk
and, possibly, higher ratings."


IRONCLAD PERFORMANCE: Court Approves Sale Bid Procedures
--------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court approved
Ironclad Performance Wear's emergency motion for an order approving
the form of an asset purchase agreement for stalking horse bidder
Radians Wareham Holding and for prospective over-bidders to use;
approving the auction sale format, bidding procedures and stalking
horse bid protections; approving the form of notice to be provided
to interested parties and scheduling a Court hearing to consider
approval of the sale to the highest bidder. As previously reported,
"The principal terms of the APA are summarized as follows:
Purchaser will be paying a cash purchase price of either $15
million or $20 million depending upon the occurrence of an event
which is sensitive and is the subject of a motion the Debtors are
filing under seal, which the Debtors hope will be granted by the
Court. It should be noted that the Debtors believe the total debt
in these cases (both secured and unsecured combined) is or will be
in the range of approximately $8-$10 million, which means that all
creditors are expected to be paid in full with there being a
substantial distribution to the shareholders of the parent company,
which is a publicly traded company. Purchaser has deposited $1
million cash with Debtors' bankruptcy counsel which Purchaser will
forfeit to the Debtors' estates if Purchaser elects not to proceed
with its purchase of the Purchased Assets. The Debtors' proposed
sale to Purchaser is subject to overbid with a minimum proposed
overbid of at least $750,000 or any higher figure which is wholly
divisible by $250,000. The Debtors' proposed subsequent bidding
increments will be $250,000 or higher figures which are wholly
divisible by $250,000. The proposed break-up fee to Purchaser is
$500,000."

              About Ironclad Performance Wear Corp.

Ironclad Performance Wear Corporation designs and manufactures
branded performance work wear for a variety of construction,
do-it-yourself, industrial, sporting goods and general services
markets.  Since inception, the company has leveraged its
proprietary technologies to design task-specific technical gloves
and performance apparel designed to improve the wearer's ability to
perform specific job functions.

Ironclad's gloves are available through industrial suppliers,
hardware stores, home centers, lumber yards, and sporting goods
retailers nationwide; and through authorized distributors in North
America, Europe, Australia, Middle East, Asia and South America.

Ironclad Performance Wear Corporation, a California corporation and
Ironclad Performance Wear Corporation, a Nevada corporation sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. C.D.
Cal. Case Nos. 17-12408 and 17-12409) on Sept. 8, 2017.  Geoffrey
L. Greulich, chief executive officer, signed the petitions.  The
cases are jointly administered and are assigned to Judge Martin R.
Barash.

Ironclad California estimated assets of $10 million to $50 million
and liabilities of $1 million to $10 million.  In its schedules,
Ironclad Nevada disclosed $16.6 million in assets and $8.05 million
in debt.

On Sept. 22, 2017, the U.S. Trustee appointed three creditors to
serve in the official committee of unsecured creditors in the
Debtors' cases.


ITUS CORP: Regains Compliance with NASDAQ Listing Requirement
-------------------------------------------------------------
ITUS Corporation has received formal notice from the Listing
Qualifications Staff of The NASDAQ Stock Market LLC that the
company has regained compliance with the minimum bid price
requirement of The Nasdaq Stock Market as required for continued
listing on The Nasdaq Capital Market.  On Aug. 18, 2017, the
company was notified by NASDAQ that it no longer met the minimum
bid price requirement for continued listing, and the August 18
matter is now closed.

"We are very pleased to be back in compliance with the Nasdaq
listing requirements, and are excited about the future development
of our CchekÔ early cancer detection platform, as well as the
opportunities to expand into cancer therapeutics with CAR-T
technology for Ovarian Cancer," stated Dr. Amit Kumar, ITUS chief
executive officer.

                     About ITUS Corporation

San Jose, California-based ITUS Corporation (NASDAQ:ITUS) --
http://www.ITUScorp.com/-- funds, develops, acquires, and licenses
emerging technologies in areas such as biotechnology.  Formerly
known as CopyTele, the Company is developing a platform called
Cchek, a series of non-invasive, blood tests for the early
detection of solid tumor based cancers, which is based on the
body's immunological response to the presence of a malignancy.
CopyTele changed its name to "ITUS Corporation" on Sept. 2, 2014,
to reflect the Company's change in its business operations.

Haskell & White LLP, in Irvine, California, issued a "going
concern" qualification on the Company's consolidated financial
statements for the year ended Oct. 31, 2016, citing that the
Company has limited working capital and limited revenue-generating
operations and a history of net losses and net operating cash flow
deficits.  These conditions raise substantial doubt about the
Company's ability to continue as a going concern.

ITUS Corp reported a net loss of $5.01 million on $300,000 of total
revenue for the year ended Oct. 31, 2016, compared to a net loss of
$1.37 million on $9.25 million of total revenue for the year ended
Oct. 31, 2015.  As of July 31, 2017, ITUS had $8.41 million in
total assets, $2.92 million in total liabilities, and $5.48 million
in total shareholders' equity.


LANE FAMILY: Wants to Use Cash Collateral Through Dec. 31
---------------------------------------------------------
Lane Family Limited Partnership No. One filed with the U.S.
Bankruptcy Court for the Eastern District of California a fourth
cash collateral motion, asking for approval on its use cash
collateral for the three-month period ending on Dec. 31, 2017.

The Debtor's operations generate about $8,600 per month in cash.
The Debtor proposes to use the cash collateral to maintain its
business operations.  Specifically, the Debtor intends to use cash
collateral to pay monthly expenses in the ordinary course of
business in the categories and amounts identified in the aforesaid
budget, up to the amount of $8,596 per month.  The Debtor maintains
that the unused portions of said budget will roll over to increase
the following months' budgets, category by category.

The Debtor owns four parcels of real property located at: (a) 20988
E. Hwy. 12, Clements, CA; (b) 20530 E. Hwy. 12, Clements, CA; (c)
22801 N. Johnson Rd., Clements, CA; and (d) 22659 N. Johnson Rd.,
Clements, CA.  The Debtor believes that these parcels of real
property have a combined value of approximately $2.38 million.

The Debtor also owns certain Mitigation Bank Credits arising from
the designation by the U.S. Fish and Wildlife Service of
approximately 814 acres of land formally owned by Debtor as the
Fitzgerald Ranch Conservation Bank pursuant to that certain
Conversation Agreement and Perpetual Conservation Easement Gran by
and between Debtor and the U.S. Fish and Wildlife Service.

The Debtor also rents a home located at 20588 E. Hwy. 12, Clements,
California, to a third party for the sum of $600 per month.
Finally, the Debtor earns income from services it renders to third
parties, including caring for cattle, in the approximate amount of
$8,000 per month.

The Debtor believes that these entities have claims secured by its
assets:

     (a) SJ County Tax Collector asserts a claim in the approximate
amount of $5,863, which claim is secured by Real Properties;

     (b) First Community Bank asserts a claim in the approximate
amount of $2,483,345, which claim is secured by Real Properties and
Mitigation Bank Credits;

     (c) Strategic Funding Source, Inc., asserts a claim in the
approximate amount of $9,995, which claim is secured by the
Debtor's receivables, personal property, and Mitigation Bank
Credits; and

     (d) Frog Funding, LLC, asserts a claim in the approximate
amount of $15,000, which claim is secured Debtor’s receivables,
personal property, and Mitigation Bank Credits.

The Debtor asserts that its cash collateral assets have a combined
value of at least $4,204,000, or as much as $5,344,000, but the
estimated secured claims (including the disputed amount of First
Community Bank's claim) against the property total $2,505,203.
Therefore, the Debtor submits that the claims are protected by an
equity cushion of between $1,698,797 and $2,838,797, representing
between 40.41% and 53.12% of the assets' values.  According to the
Debtor, this substantial equity cushion is sufficient to protect
the creditors' claims such that the Debtor may use the cash
collateral.

However, to the extent required and authorized by law or the
prepetition agreements with creditors, the Debtor does not oppose
granting of replacement liens in favor of creditors holding an
interest in cash collateral.

A hearing to consider approval of cash collateral use will be held
on Oct. 11, 2017, at 10:00 a.m.

A full-text copy of the Debtor's Motion, dated Sept. 27, 2017, is
available at https://is.gd/s2c8MH

                   About Lane Family LP No. One           

Lane Family Limited Partnership No. One's bankruptcy case was
commenced by filing voluntary chapter 12 petition on Jan. 4, 2017.
Jan Johnson was the appointed acting Chapter 12 Trustee.  The case
was later converted to one under Chapter 11 (Bankr. E.D. Cal. Case
No. 17-20038) on March 15, 2017.

The Hon. Robert S. Bardwil presides over the case.

The Debtor is represented by Iain A. MacDonald, Esq., and Matthew
J. Olson, Esq., at MacDonald Fernandez LLP.


LEXINGTON HOSPITALITY: Allowed to Use Cash Collateral Until Oct. 19
-------------------------------------------------------------------
Judge Gregory R. Schaaf of the U.S. Bankruptcy Court for the
Eastern District Court of Kentucky authorized Lexington Hospitality
Group, LLC, to use cash collateral on an interim basis only in
accordance with the Budget for the time period of Oct. 2, 2017
through the conclusion of the hearing scheduled for Oct. 19, 2017
and any further orders of the Court.

In addition to the granting of replacement liens to PCG Credit
Partners (as provided in previous orders), the Debtor will pay a
$5,000 October adequate protection payment to PCG Credit Partners
on or before October 6, 2017.

A full-text copy of the Interim Order, dated Oct. 3, 2017, is
available at https://is.gd/YrVAUa

PCG Credit Partners is represented by:

           Martin B. Tucker, Esq.
           DINSMORE & SHOHL LLP
           250 West Main St., Ste 1400
           Lexington, KY 40507
           E-mail: martin.tucker@dinsmore.com

                 About Lexington Hospitality

Headquartered in Aurora, Illinois, Lexington Hospitality Group LLC
-- http://www.clarionhotellexingtonky.com/-- owns the Clarion
Hotel Conference Center South, a hotel located at 5532 Athens
Boonesboro Road Lexington, Kentucky, known as Clarion Hotel
Conference Center South.  The Hotel, located in the heart of the
bluegrass and 'Horse Capital of the World,' has 149 well-appointed
guest rooms, an indoor heated pool and hot tub, a seasonal outdoor
pool, a fitness center and an on-site restaurant and bar.

Lexington Hospitality filed for Chapter 11 bankruptcy protection
(Bankr. E.D. Ky. Case No. 17-51568) on Aug. 3, 2017, estimating its
assets and liabilities at between $1 million and $10 million each.
The petition was signed by Kenneth Moore/Janee Hotel Corporation,
manager.

Judge Gregory R. Schaaf presides over the case.  

Laura Day DelCotto, Esq., Jamie L. Harris, Esq., and Sara A.
Johnston, Esq., at Delcotto Law Group PLLC, serve as the Debtor's
bankruptcy counsel.


LINCOLN JAMES: Reaches Deal With Bank on Cash Use
-------------------------------------------------
Lincoln James Investment Properties, LLC, seeks approval from the
U.S. Bankruptcy Court for the Central District of California of a
stipulation with Plaza Bank to use the cash collateral retroactive
from the Petition Date through the Effective Date of a confirmed
plan of reorganization or dismissal or conversion of the case.

A hearing to consider the Debtor's use of cash collateral will be
held on Oct. 24, 2017 at 1:00 p.m.

The Debtor owns a single parcel of commercial real property located
at 27310 Madison Avenue, Temecula, California that has an estimated
value of $7 million. The Real Property is rented to two tenants.
The Debtor claims that it has no other business and has no
employees.  The rents received by Debtor from its tenants are cash
collateral.

As of the Petition Date, there were two loans secured by the Real
Property.  The senior deed of trust held by Plaza Bank and the
junior deed of trust held by Happy Rock Merchant Solutions, LLC.
Each of the Deeds of Trust contains an assignment of rents clause.
The approximate balance owed to Plaza Bank is $3.6 million, and the
approximate balance owed to Happy Rock is alleged to be $1.5
million.

The Debtor and Plaza Bank have entered into a stipulation for the
use of cash collateral.  The stipulation provides that such use is
limited to payment of:

     (a) Monthly postpetition loan payments to Plaza Bank in the
amount of $22,124 commencing Sept. 1, 2017;

     (b) Monthly loan payments to any junior trust holders in the
contractual amounts;

     (c) Property Owner's Association dues;

     (d) Amounts required for the operation, maintenance, repair
and security of the Real Property, including real property taxes,
insurance and utilities; and

     (e) U.S. Trustee quarterly fees and any required court fees.

The projected budget for the months of September 2017 through March
2018 provides total expenses in the aggregate amount of $24,330 per
month.

The Debtor has also agreed that Plaza Bank will have a valid,
perfected post-petition security interest in and liens upon all of
the post-petition rents, issues, and profits, and proceeds thereof,
derived from the Real Property to the same degree and extent it had
prepetition.

A full-text copy of the Debtor's Motion, dated October 2, 2017, is
available at https://is.gd/slxWSA

                      About Lincoln James

Lincoln James Investment Properties, LLC, a single asset real
estate, owns a fee simple interest a real property located at 27310
Madison Avenue, Temecula, California, valued at $7 million.  

Lincoln James sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. C.D. Cal. Case No. 17-17285) on Aug. 30, 2017.  Jared
Scarth, managing member, signed the petition.

At the time of the filing, the Debtor disclosed $7.01 million in
assets and $5.21 million in liabilities.

Judge Wayne E. Johnson presides over the case.

The Debtor's attorneys:

         THE TUROCI FIRM
         Todd Turoci
         Julie Philippi
         3845 Tenth Street
         Riverside, CA 92501
         Telephone: (888) 332-8362
         Facsimile: (866) 762-0618
         E-mail: mail@theturocifirm.com


LTD MANAGEMENT: Allowed to Use Up to $7,931 Cash Through Nov. 30
----------------------------------------------------------------
Judge Michael A. Fagone of the U.S. Bankruptcy Court for the
District of New Hampshire authorized LTD Management, Inc., to use
and expend up to $7,931 in cash during the period from Oct. 1
through Nov. 30, 2017, in the ordinary course of business to the
extent provided by the Budget.

The Court finds that the Senior Secured Lenders' prepetition liens
remain enforceable against the Debtor's postpetition assets to the
same extent they were enforceable prepetition.  With respect to
each record lienholder with a security interest in the Debtor's
cash collateral, the Court will grant a replacement lien in, to and
on the Debtor's post-petition property of the same kinds and types
as the collateral on which it held a valid and enforceable,
perfected liens on the Petition Date.

The next motion for continued use of cash collateral will be filed
on or before Nov. 15, 2017, and the deadline for objections will be
Nov. 22, provided the motion is timely filed.  A contingent hearing
will be held on Nov. 29, 2017 at 1:30 p.m.

A full-text copy of the Order, dated Sept. 28, 2017, is available
at https://is.gd/KOYlph

                       About LTD Management

Headquartered in Raymond, New Hampshire, LTD Management, Inc., was
formed in July 1992 for the purpose of owning real estate located
at 63 Route 27 Raymond, New Hampshire, and leasing out certain
units within the building.  Lisa D'Aoust owns a 100% interest in
LTD.

LTD Management filed for Chapter 11 bankruptcy protection (Bankr.
D.N.H. Case No. 17-10684) on May 10, 2017, estimating its assets
and liabilities at between $100,001 and $500,000.  Cheryl C.
Deshaies, Esq., at Deshaies Law, serves as the Debtor's bankruptcy
counsel.

No trustee or examiner has been appointed in the Debtor's case, and
no official statutory committee has yet been appointed or
designated by the U.S. Trustee.


MARINA BIOTECH: Stefan Loren Quits from Board of Directors
----------------------------------------------------------
Stefan Loren, Ph.D., provided Marina Biotech, Inc., with notice of
his resignation from the Board of Directors, effective on Oct. 2,
2017, to focus on a new career opportunity.   Dr. Loren's
resignation from the Board did not result from any disagreement
with the Company on any mater relating to the Company's operations,
policies or practices, the Company said in a Form 8-K report filed
with the Securities and Exchange Commission.

Dr. Loren had served on the Board since August 2012 and was the
Company's lead independent director and chairman of the
compensation committee of the Board.  The Board unanimously elected
Board member Philippe P. Calais, Ph.D. to assume the role of lead
independent director, which appointment became effective on Oct. 2,
2017.

                      About Marina Biotech

Headquartered in Bothell, Washington, Marina Biotech, Inc. --
http://www.marinabio.com/-- is a biopharmaceutical company engaged
in the discovery, acquisition, development and commercialization of
proprietary drug therapeutics for addressing significant unmet
medical needs in the U.S., Europe and additional international
markets.  The Company's primary therapeutic focus is the disease
intersection of hypertension, arthritis, pain, and oncology
allowing for innovative combination therapies of the plethora of
already approved drugs and the proprietary novel oligotherapeutics
of Marina Biotech, Inc.  The Company's approach is meant to reduce
the risk associated with developing a new drug de novo and also
accelerate time to market by shortening the clinical development
program through leveraging what is already known or can be learned
in its proprietary Patient Level Database (PLD).

Squar Milner LLP, in Los Angeles, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, citing that the Company has suffered
recurring losses and negative cash flows from operations and has
had recurring negative working capital.  This raises substantial
doubt about the Company's ability to continue as a going concern.

Marina Biotech reported a net loss of $837,143 on $0 of revenue for
the year ended Dec. 31, 2016, compared with a net loss of $1.11
million on $0 of revenue for the year ended Dec. 31, 2015.

As of June 30, 2017, Marina had $6.63 million in total assets,
$4.15 million in total liabilities and $2.47 million in total
stockholders' equity.

At June 30, 2017, the Company had an accumulated deficit of $4.205
million and a negative working capital of $3.756 million.  The
Company anticipates that it will continue to incur operating losses
as it executes its plan to raise additional funds and investigate
strategic and business development initiatives.  In addition, the
Company has had and will continue to have negative cash flows from
operations.  The Company has previously funded its losses primarily
through the sale of common and preferred stock and warrants, the
sale of notes, revenue provided from its license agreements and, to
a lesser extent, equipment financing facilities and secured loans.
In 2016 and 2015, the Company funded operations with a combination
of the issuance of notes and preferred stock, and license-related
revenues.  At June 30, 2017, the Company had a cash balance of
$263,900.  Its operating activities consume the majority of its
cash resources.


MERCYHURST UNIVERSITY: S&P Cuts Rating on Outstanding Bonds to BB+
------------------------------------------------------------------
S&P Global Ratings lowered its rating one notch to 'BB+' from
'BBB-' on the Erie Higher Education Building Authority, Pa.'s
outstanding bonds, issued on behalf of Mercyhurst University. The
outlook is stable.

"The downgrade resulted from the issuance of off- balance sheet
debt, which we view as indirect debt of the university due to the
very strong connectivity between the university and the housing
project, which resulted in low financial resources relative to
debt, coupled with persistent deficits and pressured liquidity,"
said S&P Global Ratings credit analyst Bobbi Gajwani. We did not
anticipate this debt during our last review, published Oct. 26,
2016."

"Though the new management team has made progress in turning around
operations and achieved a surplus in fiscal 2017, enrollment
declines have resulted in a history of operating deficits and
weaker cash flows that have further depleted the balance sheet. In
addition, preliminary estimates for fall 2017 indicate another,
albeit smaller, decrease in enrollment and another expected small
deficit in fiscal 2018, though break-even on a cash basis," Mr.
Gajwani added.
S&P said, "We assessed Mercyhurst's enterprise profile as adequate
reflecting some stabilization of enrollment in the past two years
due to a strong new management team; but it is offset by a high
tuition discount rate that continues to increase. We assessed
Mercyhurst's financial profile as vulnerable, characterized by
three years of operating deficits, weak financial resource ratios
for the rating category, and low liquidity. We believe these
combined credit factors lead to an indicative stand-alone credit
profile of 'bb+' and a long-term rating of 'BB+'."


MESOBLAST LIMITED: Clinical Trial of MPC Therapy Ends Enrollment
----------------------------------------------------------------
Mesoblast Limited announced that a multi-center team of researchers
led by Icahn School of Medicine at Mount Sinai Hospital, New York,
has completed enrollment of a 159-patient Phase 2b trial evaluating
Mesoblast's novel allogeneic mesenchymal precursor cell (MPC)
therapy for the treatment of end-stage heart failure.  The trial is
funded by the United States National Institutes of Health (NIH),
and the Canadian Institute of Health Research (CIHR).

Due to the serious, life-threatening nature of end-stage heart
failure, positive trial results using Mesoblast's product candidate
MPC-150-IM in end-stage heart failure patients requiring left
ventricular assist devices (LVADs) could provide support for an
accelerated regulatory pathway.

There are approximately 50,000 end-stage heart failure patients in
the United States and the one-year mortality rate on maximal
medical therapy is over 50%.  However, fewer than 5,000 of those
50,000 patients are given potentially life-saving LVADs due to the
high risks of increased morbidity, recurrent hospitalizations, and
inflammatory complications, including gastrointestinal bleeding,
associated with these devices.

The primary efficacy endpoint of the 2:1 randomized,
placebo-controlled trial will evaluate, over a six-month period,
whether MPC-150-IM at a dose of 150 million cells can strengthen
native heart muscle sufficiently to maintain circulation in
end-stage heart failure patients once they have been weaned from an
LVAD. Secondary efficacy endpoints will include rates of
re-hospitalization, survival, and other quality of life
measurements and will be measured over a 12-month period.  If the
trial's endpoints are met, MPC-150-IM therapy could facilitate far
wider use of LVADs amongst end-stage heart failure patients.

Results from a 30-patient pilot study using MPC-150-IM at a
substantially lower dose of 25 million cells, compared with 150
million cells used in the current Phase 2b study, have shown that
the MPC-150-IM cell therapy improved native heart function,
prolonged the time to first re-hospitalization following the
implantation of an LVAD, and improved early survival rates in LVAD
recipients.  These results are thought to be due to the ability of
the MPCs to induce a mature blood vessel network in the ailing
heart, and to reduce the damaging immune effects in both the native
heart, and in its response to the presence of the LVAD.

"There is an urgent need to develop a clinical approach that could
facilitate greater LVAD use in the 50,000 patients with end-stage
heart failure in order to improve their dismal one-year survival
rates on medical therapy alone," stated Dr Silviu Itescu, chief
executive of Mesoblast.

"We believe that MPC-150-IM could substantially impact outcomes of
patients with end-stage heart failure by reducing LVAD-related
morbidity, reducing hospital re-admission rates, and improving
survival.  Importantly, if the native heart is strengthened
sufficiently to facilitate early device explantation, this could
create a bridge-to-recovery paradigm combining MPC-150-IM with
temporary LVAD use."

Dr Annetine Gelijns, Chair of the Department of Population Health
Science & Policy, and Edmund A. Guggenheim, Professor of Health
Policy and Co-Director of InCHOIR at the Icahn School of Medicine,
Mount Sinai Hospital, New York, commented, "We are very pleased to
have completed the enrollment milestone in this study.  We are also
very excited at the potential for MPC-150-IM as an adjunctive
therapy for an LVAD."

The results of the MPC-150-IM 30-patient pilot study were published
in the American Heart Association journal Circulation, and can be
found here.

                    About End-Stage Heart Failure

New York Heart Association Class IV heart failure affects more than
250,000 patients in the United States alone, with over 50,000
having end-stage disease.  The number of end-stage heart failure
patients is expected to rise in line with the 25% projected
increase in total heart failure patients between 2010 and 20305,6.
There are currently very few medical options for end-stage heart
failure patients, as only around 2,000 heart transplants can be
performed in the U.S. every year due to limited donor
availability7. LVADs have significantly improved survival for
end-stage heart failure patients, and are increasingly being used
as a destination therapy8,9.  However, the 12-month mortality rates
remain between 20% and 30% for patients implanted with LVADs, and
repeated hospitalizations are very common.  The complications
arising from LVAD implantation have severely restricted their use
by the vast majority of the end-stage heart failure population, as
well as reducing its cost-effectiveness as a treatment.

                        About Mesoblast

Australia-based Mesoblast Limited (ASX:MSB; Nasdaq:MESO) is a
global developer of innovative cell-based medicines.  The Company
has leveraged its proprietary technology platform, which is based
on specialized cells known as mesenchymal lineage adult stem cells,
to establish a broad portfolio of late-stage product candidates.
Mesoblast's allogeneic, 'off-the-shelf' cell product candidates
target advanced stages of diseases with high, unmet medical needs
including cardiovascular conditions, orthopedic disorders,
immunologic and inflammatory disorders and oncologic/hematologic
conditions.

Mesoblast Limited reported a net loss before income tax of US$90.21
million for the year ended June 30, 2017, compared to a net loss
before income tax of US$90.82 million for the year ended June 30,
2016.

As of June 30, 2017, Mesoblast had US$655.7 million in total
assets, US$138.9 million in total liabilities and US$516.8 million
in total equity.

PricewaterhouseCoopers, in Melbourne, Australia, issued a "going
concern" opinion on the consolidated financial statements for the
year ended June 30, 2017, noting that Company has suffered
recurring losses from operations that raise substantial doubt about
its ability to continue as a going concern.


MICHAEL JOSEPH KILROY: Blocking Public Access to Papers Unwarranted
-------------------------------------------------------------------
Judge Robert Kwan of the U.S. Bankruptcy Court for the Central
District of California denies Debtor Michael J. Kilroy's motion to
restrict public access to paper filings consisting of the
litigation proceedings involving debtor's objection under FRBP 3007
to the claims of his sister (in her own and as successor in
interest to his parents) and related parties.

The debtor contends that the allegations by his sister and related
parties that he defrauded them are "scandalous" and should be
sanitized upon his request by restricting public access to the
litigation proceedings relating to these allegations, construing
the language of 11 U.S.C section 107(b)(2) for protecting a person
with respect to scandalous or defamatory matter contained in a
paper filed in a bankruptcy case as absolute, citing In re Roman
Catholic Archbishop of Portland in Oregon, supra.

The court does not agree with this contention because the Ninth
Circuit in citing In re Roman Catholic Archbishop of Portland in
Oregon, supra, employed a balancing test in construing the language
of 11 U.S.C. section 107(b) and held that requests to "protect"
persons from disclosure of "scandalous" matter in bankruptcy
filings are not upheld as absolute as indicating by the circuit's
balancing of various factors in deciding to grant relief to prevent
disclosures of "scandalous" allegations of sexual abuse by priests
in one instance, but deny relief in another instance.

Moreover, the allegations against the debtor in the papers filed by
his parents and his sister are not so scandalous to warrant
restriction of public access.

Having conducted the careful analysis that the court must engage in
to determine debtor's request for privacy as to papers filed with
the court the court denies the request. Simply speaking, the
public's interest in access to litigation documents filed in
judicial proceedings is not outweighed by debtor's private interest
in suppressing unfavorable allegations against him.

A full-text copy of Judge Kwan's Tentative Ruling dated Sept. 27,
2017, is available at https://is.gd/uUK385 from Leagle.com.

Michael Joseph Kilroy, Debtor, represented by John-Patrick M. Fritz
-- jpf@lnbyb.com -- Levene Neale Bender Yoo et al, David L. Neale
-- dln@lnbyb.com -- Levene Neale Bender Yoo & Brill LLP.

United States Trustee (LA), U.S. Trustee, represented by Kenneth G.
Lau -- kenneth.g.lau@usdoj.gov -- Office of the United States
Trustee.

The case is In re Michael Joseph Kilroy, Chapter 11, Debtor and
Debtor in Possession, Case No. 2:15-bk-15708-RK (Bankr. C.D. Cal.).
Counsel for the Debtor is J.P Fritz, Esq., at Levene, Neale,
Bender, Yoo & Brill L.L.P., in Los Angeles, California.


MIDWEST ASPHALT: Cash Collateral Use Extended Until Oct. 31
-----------------------------------------------------------
Based on the stipulation of Callidus Capital Corporation and
Midwest Asphalt Corporation, Judge William J. Fisher of the U.S.
Bankruptcy Court for the District of Minnesota inked his approval
to a stipulated order modifying the Order Regarding Further Use of
Cash Collateral, as follows:

     (1) Paragraph 2 of the Cash Collateral Order is replaced with
the following: "Unless further extended by an order of the Court,
the Debtor’s authorization to use cash collateral terminates
automatically on the earlier of: (a) the date that the Welty DIP
Facility terminates; or (b) October 31, 2017."

     (2) Paragraph 6 of the Cash Collateral Order is modified as
follows for the month of October 2017 only: "As additional adequate
protection, the Debtor agrees to make an adequate protection
payment of $20,000 to Callidus on or before October 2, 2017, and
agrees to make an additional adequate protection payment of $20,000
to Callidus on or before October 20, 2017."

A full-text copy of the Order, dated Sept. 28, 2017, is available
at https://is.gd/wRlO74

                      About Midwest Asphalt

Midwest Asphalt Corporation is a construction company, primarily in
the business of constructing and paving roads.  Midwest Asphalt has
been in business since 1968.  The Company currently employs
approximately 150 people.  The seasonal work begins to grow in
April, reaches its peak in June and July, and is completed in
November each year.

Midwest Asphalt, based in Hopkins, Minnesota, filed a Chapter 11
petition (Bankr. D. Minn. Case No. 17-40075) on Jan. 12, 2017.  The
petition was signed by Blair Bury, president.  The case is jointly
administered with the case of MAR Farms, LLC (Bankr. D. Minn. Case
No. 17-41371) and Delta Milling, LLC (Bankr. D. Minn. Case No.
17-41372).

The Debtor estimated assets and debt at $10 million to $50 million
at the time of the filing.

The case is assigned to Judge Katherine A. Constantine.  

The Debtor is represented by Thomas Flynn, Esq., at Larkin
Hoffman.

Daniel M. McDermott, the U.S. Trustee for Region 12, on Feb. 2,
2017, appointed two creditors of Midwest Asphalt to serve on the
official committee of unsecured creditors.  The committee members
are: (1) WD Larson/Allstate Peterbilt; and (2) Tiller Corporation.
The U.S. Trustee, on March 16, 2017, added LSREF2 Cobalt LLC to the
Committee.  

The Committee retained Matthew R. Burton, Esq., at Leonard,
O'Brien, Spencer Gale & Sayre, Ltd., as legal counsel.


MONAKER GROUP: Mark Wilton Reports 13.1% Stake as of Oct. 2
-----------------------------------------------------------
Mark A. Wilton reported in a Schedule 13D/A filed with the
Securities and Exchange Commission on Oct. 2, 2017, that he
beneficially owns 2,293,483 shares of common stock of Monaker Group
constituting 13.1 percent of the shares outstanding.

Effective on Aug. 22, 2017, Monaker Group entered into a debt
conversion and voting agreement with Mr. Wilton.  The Debt
Conversion Agreement, requires, among other things, Mr. Wilton (a)
to vote (and provided William Kerby, the Company's chief executive
officer, and any other individual who is designated by the Company
in the future, a proxy to vote), all of the voting shares held by
Mr. Wilton, in favor of any proposals recommended by the Board of
Directors of the Company, and (b) to not transfer any of the voting
shares which he held, subject to certain exceptions, until the
earlier of Aug. 22, 2020, and the date the Company provides Mr.
Wilton notice of the termination of such voting proxy.

A full-text copy of the regulatory filing is available at:

                    https://is.gd/PWZDNy

                        About Monaker

Monaker Group, Inc., formerly known as Next 1 Interactive, Inc. --
http://www.monakergroup.com/-- operates online marketplaces for
the alternative lodging rental industry and facilitate access to
alternative lodging rentals to other distributors.  Alternative
lodging rentals (ALRs) are whole unit vacation homes or timeshare
resort units that are fully furnished, privately owned residential
properties, including homes, condominiums, apartments, villas and
cabins that property owners and managers rent to the public on a
nightly, weekly or monthly basis.  The Company's marketplace,
NextTrip.com, unites travelers seeking ALRs online with property
owners and managers of vacation rental properties located in
countries around the world.  As an added feature to the Company's
ALR offering, the Company also provides access to airline, car
rental, hotel and activities products along with concierge tours
and activities, at the destinations, that are catered to the
traveler through its Maupintour products.

LBB & Associates Ltd. LLP, in Houston, Texas, stated in its report
on the Company's consolidated financial statements for the year
ended Feb. 28, 2017, that the Company's accumulated deficit and
limited financial resources raise substantial doubt about the
Company's ability to continue as a going concern.

Monaker reported a net loss of $7.10 million on $400,277 of
revenues for the year ended Feb. 28, 2017, compared to a net loss
of $4.55 million on $544,658 of revenues for the year ended Feb.
29, 2016.  As of May 31, 2017, Monaker had $2.11 million in total
assets, $2.91 million in total liabilities, and a total
stockholders' deficit of $804,603.


MRO HOLDINGS: Moody's Assigns B2 CFR; Outlook Stable
----------------------------------------------------
Moody's Investors Service assigned a B2 Corporate Family Rating
(CFR) and a B2-PD Probability of Default Rating to MRO Holdings,
Inc. Concurrently, Moody's assigned B2 ratings to the company's
proposed $225 million senior secured term loan. Proceeds from the
facility will be used to refinance existing indebtedness and to add
cash to the balance sheet for future capital expenditures. The
rating outlook is stable.

The following is a summary of rating actions:

Issuer: MRO Holdings, Inc.

-- Corporate Family Rating, assigned B2

-- Probability of Default Rating, assigned B2-PD

-- $225 million senior secured term loan, assigned B2 (LGD3)

-- Outlook, assigned Stable

RATINGS RATIONALE

The B2 rating balances the company's small size and its limited
operating history against a moderately leveraged balance sheet and
a growing presence as a provider of airframe maintenance, repair
and overhaul services (MRO). The rating considers the company's
limited track record on a combined basis (standalone 2015 sales of
$124 million compare with pro forma sales of $330 million) which is
the result of last year's Flightstar acquisition as well as a
recently signed operating agreement with TechOps Mexico. Moody's
expects a continuation of this aggressive growth strategy and
anticipates significant capacity investments over the next few
years. Moody's recognizes the benefits that will come from MROH's
growing scale but this is tempered by the rapid pace of expansion
that is taking place on multiple fronts and the elevated execution
risk that will be associated with this growth. Additional concerns
include a noisy earnings profile, a complex corporate structure,
and uneven historical operating results at both Flightstar and
TechOps (performance improved meaningfully in 2016) which reduce
forward visibility.

A generally favorable demand environment for MRO airframe services
is expected to support relatively robust topline growth over the
next few years. Moody's expects this to be driven by the continued
expansion in passenger and cargo traffic volumes, the growing size
of the global airline fleet, and greater outsourcing of airframe
work from airlines. While acknowledging the scaling benefits that
come from focusing on a core group of MRO customers, Moody's also
considers the company's elevated customer concentration (top
customer accounts for almost 50% of sales) as well as its high
degree of end-market concentration (the company focuses exclusively
on commercial aerospace). Credit metrics are expected to be
relatively robust with pro forma Debt-to-EBITDA (after Moody's
standard adjustments) of around 4.2x.

The stable rating outlook reflects expectations that a generally
favorable MRO operating environment should support topline and
earnings growth over the next twelve to eighteen months.

Moody's expects MROH to maintain a good liquidity profile over the
next 12 months. Pro forma cash balances are expected to be around
$45 million although the majority of this cash is expected to be
used to fund new hanger construction over the next few years. Free
cash flow generation in 2018 will be muted with FCF/Debt likely to
be flat to in the low single-digits in the face of elevated capex
spending. External liquidity is provided by $28 million in
revolving credit facilities from a group of largely Latin-American
lenders whose commitments expire between July 2018 and August 2019.
At this time, the facilities are undrawn and Moody's anticipates
modest usage going forward. The term loan and revolving facilities
are not expected to contain any financial covenants.

The ratings could be upgraded if Debt-to-EBITDA was expected to be
sustained below 3.0x. Improved operating performance of the
Flightstar facility and a track record of strong operational
execution at TechOps would be prerequisites to any upgrade. Given
the company's small size, Moody's would expects MROH to maintain
credit metrics that are stronger than levels typically associated
with companies at the same rating level. Any upgrade would be
contingent on a strong liquidity profile involving substantial free
cash flow generation (FCF-to-Debt in excess of 15%) and near full
availability under the revolver.

The ratings could be downgraded if Debt-to-EBITDA was expected to
remain above 5.0x. A weakening liquidity profile with reduced free
cash flow generation and an increased reliance on revolver
borrowings could also pressure the rating downward. A leveraging
debt-financed acquisition or shareholder distributions could also
result in a downgrade.

MRO Holdings, Inc. is a provider of maintenance, repair and
overhaul services to airline and freight carrying customers in
North America. The company was founded in June 2013 and is owned by
an investment vehicle controlled by the Kriete Family (64%) and
Caoba Capital (36%). The company owns and operates two MRO
facilities based in El Salvador ("Aeroman") and Florida, US
("Flightstar") and also has rights to capacity at TechOps Mexico's
operations (a joint venture between Delta Airlines and Aeromexico).
Pro forma revenues for the twelve months ended June 2017 are
approximately $330 million.

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


MRO HOLDINGS: S&P Assigns 'B+' Corp Credit Rating, Outlook Stable
-----------------------------------------------------------------
S&P Global Ratings assigned its 'B+' corporate credit rating to MRO
Holdings Inc. (MROH). 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 $225
million first-lien term loan B due 2023. The '3' recovery rating
indicates our expectation for meaningful recovery (50%-70%; rounded
estimate: 60%) in a default scenario.

"Our ratings on MROH reflect the company's modest size, the limited
scope of its operations, and its high customer concentration. Our
ratings also consider the company's position as the largest
provider in the niche market for airframe maintenance, repair, and
overhaul (MRO) services in the Americas, its low-cost facilities in
Latin America, and its good margins. MROH plans to use the proceeds
from its new $225 million term loan to refinance its existing debt
and fund its planned capacity expansion. We expect the company's
leverage to be somewhat high following this issuance, with pro
forma debt-to-EBITDA of 4.5x-5.0x in 2017, but believe that it will
improve steadily over the next few years as MROH increases its
earnings and repays its debt with excess cash.

"The stable outlook on MROH reflects our expectation that the
company's revenue and earnings will increase because of solid
demand for its MRO services as it expands its capacity. These
expectations, in combination with the company likely using its
excess cash to pay down debt, will cause its credit metrics to
improve moderately over the next 12 months. We expect MROH's
debt-to-EBITDA to be below 4x and its FFO-to-debt ratio to be in
the 16%-20% range in 2018.

"We could raise our ratings on MROH in the next 12 months if its
FFO-to-debt ratio increases above 20% or its debt-to-EBITDA
declines below 3.5x. This could occur if the demand for its
services is much better than expected because of either new
customers or additional work from its existing customers. We would
also require the company to dedicate its excess cash to reducing
its debt in order to raise our ratings.

"Although unlikely, we could lower our ratings on MROH if its
FFO-to-debt declines below 12% or its debt-to-EBITDA increases
above 5x in the next 12 months and we do not expect these measures
to improve. This could occur because of lower-than-expected demand
from the company's airline customers (because air traffic growth
slows) or if it is unable to fill its planned hangar expansion
(causing its margins to decline). Although less likely, this could
also occur if the company returns excess cash to its shareholders
instead of using it to reduce its debt."


NAVICURE INC: S&P Assigns 'B-' CCR Amid ZirMed Deal
---------------------------------------------------
S&P Global Ratings assigned its 'B-' corporate credit rating to
Navicure Inc. The outlook is stable.

S&P said, "At the same time, we assigned our 'B' issue-level rating
and '2' recovery rating to Navicure's first-lien credit facility.
The '2' recovery rating indicates expectations for meaningful
(70%-90%; rounded estimate: 75%) recovery in the event of a
default. We also assigned our 'CCC' issue-level rating and '6'
recovery rating to Navicure's second-lien term loan. The '6'
recovery rating indicates expectations for negligible (0%-10%;
rounded estimate: 0%) recovery in the event of a default.

"The rating on Navicure reflects its high leverage, which we expect
to be over 8x over the next year.  Navicure plans to acquire ZirMed
as part of the transaction, doubling its size.  We believe there
are integration risks associated with the transaction and the
company will incur restructuring costs and that free cash flow
generation to be less than $20 million in 2018. Navicure is a
technology company that provides SaaS-based revenue cycle
management (RCM) services to health care providers. The rating also
reflects the company's small scale (about $95 million of revenue in
2016; about $240 pro forma for the ZirMed acquisition), a narrow
business focus in providing network solutions serving the health
care industry, and the presence of competitors with substantially
greater size and financial strength. These characteristics are
partially offset by strong customer diversity, high customer
retention rates of about 95%, and good revenue visibility due to
its subscription based business model, and our expectation that the
company will grow organically at a high-single digit rate.

"Our stable outlook on Navicure reflects our expectations that
Navicure's revenue will grow at a high rate. It also reflects our
expectation that the company will integrate Zirmed with
restructuring costs totaling $8 million or less over the next 18
months and achieve some synergies, but that leverage will remain
above 8x over the next year. We also expect the company to generate
free cash flow, but less than $20 million in 2018.

"We could lower the rating if the company's growth flattened and
the company's EBITDA margin declines by 200 bps) due to failure to
integrate the two platforms, which would result in damage to its
brand, loss of customers and the company's inability to generate
synergies. We believe this scenario could lead to sustained
negative free cash flow that would likely lead us to view the
capital structure as unsustainable.

"We could raise the rating if the company successfully integrates
ZirMed, out-performs our base case scenario, realizes meaningful
synergies, and generates free cash operating cash flow in excess of
$25 million."


NORALTA LODGE: S&P Affirms Then Withdraws CCR Amid Notes Redemption
-------------------------------------------------------------------
S&P Global Ratings said it affirmed its ratings on Noralta Lodge
Ltd., including its 'B' long-term corporate credit rating on the
company. The outlook is stable.

Subsequently, S&P Global Ratings withdrew its ratings on Noralta at
the company's request.

S&P said, "The affirmation reflected our expectation that Noralta's
overall financial risk profile would remain consistent with our
expectations for the 'B' rating, with our estimate of the company's
fully adjusted, two-year, weighted-average funds from
operations-to-debt ratio remaining at about 30% and that gross debt
levels would be stable, because we expect Noralta to limit capital
spending within internal cash flows. The business risk profile
assessment on the company reflected our assessment of the small
scale and scope of Noralta's operations, as a niche camp and
catering service provider in the oilfield services and equipment
sector; the company's reliance on the Canadian oil sands sector for
cash flow generation; and its vulnerability to unexpected project
cancellations, capital spending reductions, and unscheduled project
delays."

The withdrawal followed Noralta fully redeeming its senior
unsecured notes.


NORTHERN CAPITAL: Hires Gates O'Doherty Gonter & Guy as Counsel
---------------------------------------------------------------
Northern Capital, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Southern District of California to employ
Gates, O'Doherty, Gonter & Guy, LLP as general counsel.

The Debtor is a California corporation that provides
administrative, management, and planning services to Peppertree
Park Villages 9&10 LLC in connection with the various plans,
studies, reports, and other related documents required for the
development of real property commonly known as Units 9 and 10 of
Peppertree Park.

Duane Scott Urquhart in the president of the Debtor.

The Debtor requires Gates O'Doherty to:

     a. advise and consult with the Debtor concerning the
        rights and remedies of the Debtor with respect to
        property and liabilities if the Debtor's Estate;

     b. advise the Debtor concerning all general administrative
        matters and its dealings with the United States
        Trustee;

     c. advise the Debtor and prepare on its behalf all
        necessary schedules and amendments thereto,
        applications, motions, and orders;

     d. represent the Debtor at all hearings before the
        United States Bankruptcy Court involving the Debtor,
        as debtor-in-possession, as applicable;

     e. prepare any necessary motions, complaints, or other
        appropriate pleadings related to the sale or
        disposition of any property of the Estate;

     f. represent the Debtor with regard to the preparation
        of a disclosure statement and the negotiation,
        preparation and implementation of a plan of
        reorganization;
   
     g. assist the Debtor with noticing of fee applications;
        and

     h. perform other legal services at the direction of the
        Debtor as Debtor-in-Possession as may be necessary.

Gates O'Doherty will be paid at these hourly rates:

     Lisa Torres                    $400
     Other Partners                 $250-$375
     Associates                     $200-$250
     Law Clerks                     $150
     Paralegals                     $150

Gates O'Doherty will also be reimbursed for reasonable
out-of-pocket expenses incurred.

On August 25, 2017, Gates O'Doherty received a security retainer in
the amount of $10,000 from Robert W. Jackson, APC. Jackson is Mr
Urquhart's brother-in-Law who is not a creditor of the Debtor.

Lisa Torres, Esq., partner of the Offices of Gates, O'Doherty,
Gonter & Guy, LLP, assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtor and its estates.

GOGG may be reached at:
       
     Lisa Torres, Esq.
     Gates, O'Doherty, Gonter & Guy, LLP
     15373 Innovation Drive, Suite 170
     San Diego, CA 92128
     Tel: (858) 676-8600
     Fax: (858) 676-8601
     E-mail: ltorres@gogglew.com

                   About Northern Capital Inc.

Northern Capital Inc is a real estate corporation licensed to
practice in California.  Its principal place of business is 1654 S.
Mission Road, Fallbrook, California.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Calif. Case No. 17-04845) on August 13, 2017.
The petition was signed by Duane Urquhart, president.

The case is assigned to Judge Laura S. Taylor.

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


OL FRESH LLC: Can Continue Using PUB Cash Collateral Until Nov. 21
------------------------------------------------------------------
Judge Joan N. Feeney of the U.S. Bankruptcy Court for the District
of Massachusetts has issued an order authorizing OL Fresh, LLC's
continued interim use of the cash collateral of People's United
Bank through the continued hearing which will be held on Nov. 21,
2017 at 10:30 a.m.

The Debtor is directed to submit, by Nov. 20, 2017 at noon, a three
month budget projection demonstrating how the cash collateral will
be utilized, as well as a comparison of the previously submitted
budget to the Debtor's actual use of cash collateral through Nov.
17, 2017.

People's United Bank is granted a replacement lien in and to all
property of the kind presently securing the Debtor's obligations to
the People's United Bank, but only to the extent of the validity,
perfection, priority, sufficiency and enforceability of People's
United Bank's prepetition security interests and not more than any
post-petition diminution of the value of People's United Bank's
interest in such property. In addition, the Debtor will pay
People's United Bank $1,355 each month.

The Debtor will continue to insure all assets of the Debtor and to
name People's United Bank as loss payee consistent with any
prepetition practice, and the Debtor will not diminish the position
of People's United Bank and will maintain all assets consistent
with its prepetition practice.  The Debtor will also supply
People's United Bank with all of the operating statements filed
with the U.S. Trustee and such other financial information as
reasonably requested by the People's United Bank.

A full-text copy of the Order, dated Sept. 28, 2017, is available
at https://is.gd/oKrryi

                          About OL Fresh

OL Fresh, LLC, filed a Chapter 11 petition (Bankr. D. Mass. Case
No. 17-10994) on March 23, 2017.  The petition was signed by James
W. Amatucci, managing member. At the time of filing, the Debtor
disclosed $30,400 in total assets and $298,003 in total
liabilities.  The case is assigned to Judge Joan N. Feeney.  The
Debtor is represented by Timothy M. Mauser, Esq.  


OMINTO INC: Appoints Friedman LLP as New Audit Firm
---------------------------------------------------
Ominto, Inc., said it has appointed Friedman LLP as its new audit
firm, effectively Oct. 3, 2017.

Friedman LLP, headquartered in New York with locations throughout
New York, New Jersey, Philadelphia and Beijing has been servicing
the accounting, tax and business consulting needs of public and
private companies since 1924.  Friedman currently performs audit
services to over 70 public companies in a variety of industry
segments.  Friedman's clients benefit from hands-on contact with
the firm's partners and their cutting-edge technical expertise.
Ominto will benefit from working with a mid-size accounting firm
that combines the staff and resources of a larger firm with a
philosophy of personal responsibility.  Friedman LLP is an
independent member of DFK International, an association providing
global resources.

Commenting on the announcement, Raoul Quijada, chief financial
officer of Ominto, Inc. stated, "Friedman is a firm of the highest
quality and ethical standards and we believe their comprehensive
approach will meet all current and future requirements of our
stakeholders.  Friedman has a significant SEC practice served by
diverse and experienced professionals who understand demands placed
on public companies.  With their extensive experience with a wide
range of accelerated and non-accelerated filers, including both
established and newer reporting public companies, Friedman will
bring great value to us in identifying, analyzing and communicating
accounting, reporting and other regulatory requirements that will
have a direct benefit on our financial operations."

                        About Ominto, Inc.

Ominto, Inc. -- http://inc.ominto.com/-- is a global e-commerce
company and pioneer of online Cash Back shopping, delivering
value-based shopping and travel deals through its primary shopping
platform and affiliated Partner Program websites.  At DubLi.com or
at Partner sites powered by Ominto.com, consumers shop at their
favorite stores, save with the best coupons and deals, and earn
Cash Back with each purchase.  The Ominto.com platform features
thousands of brand name stores and industry-leading travel
companies from around the world, providing Cash Back savings to
consumers in more than 120 countries.  Ominto's Partner Programs
offer a white label version of the Ominto.com shopping and travel
platform to businesses and non-profits, providing them with a
professional, reliable web presence that builds brand loyalty with
their members, customers or constituents while earning commission
for the organization and Cash Back for shoppers on each
transaction.

Ominto reported a net loss of $10.30 million for the year ended
Sept. 30, 2016, and a net loss of $11.69 million for the year ended
Sept. 30, 2015.  For the six months ended March 31, 2017, Ominto
incurred a net loss attributable to the Company of $6.43 million.


As of March 31, 2017, Ominto had $68.62 million in total assets,
$48.03 million in total liabilities and $20.58 million in total
stockholders' equity.


P3 FOODS: Allowed to Continue Using PNC Cash Until Nov. 7
---------------------------------------------------------
Judge Donald R. Cassling of the U.S. Bankruptcy Court for the
Northern District of Illinois has entered a thirteenth interim
order authorizing P3 Foods, LLC, to use the cash collateral of PNC
Equipment Finance, LLC solely to pay its ordinary and necessary
business expenses as set forth in the Budget through Nov. 7, 2017.

The Debtor's Motion for use of cash collateral is continued for
hearing on Nov. 7, 2017 at 10:00 a.m.

The cash collateral budget provides that the Debtor requires
approximately $1,022,522 in cash during the period from Oct. 8
through Nov. 7, 2017.

In consideration of and as adequate protection for any diminution
in the value of PNC Equipment's cash and non-cash collateral
arising from the Debtor's use of cash collateral:

     (a) PNC Equipment is granted post-petition replacement liens,
to the same extent and with the same priority it held pre-petition
on the same type of assets. Such adequate protection liens will be
a valid, perfected, first priority lien in favor of PNC Equipment
against all pre-petition and post-petition assets of the Debtor of
the same kind and type and to the same extent and priority as
existed as of the Petition Date;

     (b) The Debtor will maintain all necessary insurance as may be
currently in effect, and obtain such additional insurance in an
amount as is appropriate for the business in which the Debtor is
engaged;

     (c) PNC Equipment will have the right to inspect the
collateral or the assets subject to its Adequate Protection Liens
as well as the Debtor's books and records; and

     (d) The Debtor will make an adequate protection payment to PNC
Equipment in the amount of $16,428.

20/20 Franchise Funding and Leaf Capital Funding are each granted
with a postpetition replacement lien, to the same extent and with
the same priority as they respectively held prepetition on the same
type of assets.

In addition, on or before Oct. 15, 2017, the Debtor will make the
following adequate protection payments to its secured creditors:
(a) 20/20 Franchise Funding in the amount of $4,835; and (b) Leaf
Capital Funding in the amount of $797.

The Debtor's right to use PNC Equipment's cash and non-cash
collateral will terminate upon the earliest of:

     (a) Nov. 7, 2017;

     (b) The Debtor's failure to make the adequate protection
payments;

     (c) The Debtor's failure to obtain and/or maintain all
necessary insurance;

     (d) The material breach by the Debtor of any of the terms,
conditions or covenants of the Thirteenth Interim Order;

     (e) The appointment of a Trustee for the Debtor, pursuant to
the Bankruptcy Code;

     (f) The conversion of the Debtor's case to a case under
Chapter 7 of the Bankruptcy Code;

     (g) The dismissal of the Debtor's case;

     (h) The appointment of an examiner with any of the powers of a
Trustee for the Debtor; or

     (i) The allowance of a Motion for Relief from automatic stay,
allowing a creditor of the Debtor to foreclose upon any material
asset of the Debtor.
  
A full-text copy of the 13th Interim Order, dated Oct. 3, 2017, is
available at https://is.gd/bNSheL

                      About P3 Foods, LLC

P3 Foods, LLC, which operates nine Burger King franchises in
Minneapolis, Minnesota, filed a chapter 11 petition (Bankr. N.D.
Ill. Case No. 16-32021) on Oct. 6, 2016.  

The case is assigned to Judge Donald Cassling.  

The Debtor tapped Richard L. Hirsh, Esq., at Richard L. Hirsh,
P.C., as counsel.  The Debtor also engaged Aldridge Chasewater LLC
as accountant.

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


PADCO PRESSURE: DOJ Watchdog Names J. Luster as Chapter 11 Trustee
------------------------------------------------------------------
Henry G. Hobbs, Jr., the Acting U.S. Trustee for Region 5, filed an
application asking the U.S. Bankruptcy Court for the Western
District of Louisiana for an order approving the appointment of
John W. Luster as Trustee in the case of PADCO Pressure Control,
LLC.

To the best of Hobbs' knowledge, the Trustee's connections with the
debtor(s), creditors, any other parties in interest, their
respective attorneys and accountants, the United States Trustee,
and persons employed in the Office of the United States Trustee,
are limited to the connections set forth in Rule 2007.

Office of the United States Trustee:

     Gail Bowen McCulloch, Esq.
     Trial Attorney
     300 Fannin Street, Suite 3196
     Shreveport, Louisiana 71101
     Telephone no. (318) 676-3456
     Direct telephone no. (318) 676-3550
     Facsimile no. (318) 676-3212

               About PADCO Pressure Control

PADCO Pressure Control, L.L.C., based in Lafayette, Louisiana,
filed a Chapter 11 petition (Bankr. W.D. La. Case No. 16-51381) on
October 4, 2016.  The petition was signed by Michael Carr, chief
executive officer.

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

Judge Robert Summerhays presides over the case.  Thomas E. St.
Germain, member of Weinsten & St. Germain, LLC, represents the
Debtor as bankruptcy counsel.

On October 27, 2016, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The committee hired
Adams and Reese LLP as its legal counsel.


PARADOCS PROPERTIES: W Equities Seeks to Bar Use of Cash Collateral
-------------------------------------------------------------------
W Equities, LLC, as assignee of The Huntington National Bank, asks
the U.S. Bankruptcy Court for the Eastern District of Michigan to
prohibit debtor Paradocs Properties, LLC, from using the rents and
cash collateral, and require the Debtor to provide adequate
protection payments -- which has not been given thus far by Debtor,
and immediately remit any cash collateral or Rents in its
possession.

W Equities is also seeking for relief from the automatic stay to
permit it to enforce its remedies including to foreclose its
mortgage on the Property and to apply the proceeds from the sale to
W Equities' claim against Debtor and to pursue all other recourse.


W Equities asserts a perfected lien on all of Debtor's assets.
Particularly, W Equities is the mortgagee of Debtor's Real Property
located at 19265 Victor Parkway, Livonia, Ml 48152.  As of the
Petition Date, the mortgage loan balance is no less than
$1,708,399, and W Equities has not received any payment from the
Debtor since May 28, 2017.

The Debtor leases said Real Property to a non-debtor affiliate,
Doc's Sports Retreat, LLC, which is obligated to pay rent for the
use of the Real Property. But the Debtor has not received any
rental payments from its tenant pursuant to the filed monthly
operating reports.

W Equities claims that it also has a perfected interest in Debtor's
rents pursuant to the mortgage, which is attached.  However, W
Equities alleges that the Debtor has not filed a motion for use of
cash collateral, and has neither sought nor received permission
from W Equities to use cash collateral or rents.

In its response to W Equities' motion to dismiss, the Debtor states
that it has listed the Real Property.  W Equities notes, however,
that no order appointing a broker has been entered in this case.

According to the Debtor's schedules, the mortgaged Real Property is
the Debtor's only asset, other than $12,000 in cash.  W Equities
had the Real Property appraised, which appraisal indicates that the
value of the Real Property ($1,675,000) is worth less than what is
owed to W Equities (no less than $1,708,399).

Under 11 U.S.C. Section 1129(a)(10), an impaired accepting class of
creditors must vote in favor of the plan in order to confirm a
plan.  Since W Equities will vote its secured and unsecured claim
against confirmation, W Equities believes that the Debtor will be
unable to confirm a chapter 11 plan, and as such, continuing in
chapter 11 would be futile.

Co-Counsel for W Equities, LLC:

           Robert N. Bassel, Esq.
           P.O. Box T
           Clinton, MI 49236
           Tel: 248.677.1234
           E-mail: bbassel@gmail.com

                   About Paradocs Properties

Paradocs Properties, LLC, based in Dearborn, Mich., filed a Chapter
11 petition (Bankr. E.D. Mich. Case No. 17-17968) on July 12, 2017.
The Debtor estimated $1 million to $10 million in both assets and
liabilities.  The petition was signed by Robert F. Suchyta, its
member.  The Hon. Marci B McIvor presides over the case.  Brent M.
Lamkin, Esq., at Nichols & Eberth, P.C., serves as bankruptcy
counsel.


PEORIA REGIONAL: Voluntary Chapter 11 Case Summary
--------------------------------------------------
Debtor: Peoria Regional Medical Center, LLC
           aka Peoria Hospital LLC
        8020 E Palm Ln
        Mesa, AZ 85207-9759

Type of Business: Peoria Regional Medical Center, LLC owns
                  an unfinished medical center located at
                  26320 Lake Pleasant Parkway, Peoria,
                  Arizona.  The medical center was intended to
                  be the city's first full-service general
                  acute-care hospital.  The Peoria Building
                  Board of Appeals had ordered the demolition
                  of the structure indicating that the
                  structure was an unattractive nuisance and a
                  hazardous building.

Case No.: 17-11742

Chapter 11 Petition Date: October 4, 2017

Court: United States Bankruptcy Court
       District of Arizona (Phoenix)

Judge: Hon. Scott H. Gan

Debtor's Counsel: Heather Ann Macre, Esq.
                  AIKEN SCHENK HAWKINS & RICCIARDI P.C.
                  2390 E. Camelback Road, Suite 400
                  Phoenix, AZ 85016
                  Tel: 602-248-8203
                  Fax: 602-248-8840
                  E-mail: ham@ashrlaw.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Timothy A. Johns, manager.

The Debtor did not file a list of 20 largest unsecured creditors
together with the petition.

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

         http://bankrupt.com/misc/azb17-11742.pdf


PERFUMANIA HOLDINGS: Landlords Object to Plan & Disclosures
-----------------------------------------------------------
BankruptcyData.com reported that multiple parties -- including
DimondCenter, GGP Limited Partnership, NorthPark Mall Limited
Partnership, Starwood Retail Partners, The Macerich Company
(collectively, "The Landlords"); The Taubman Landlords; CenterCal
Properties and Simon Property Group -- filed with the U.S.
Bankruptcy Court separate objections Perfumania Holding's
Disclosure Statement and Plan and motion for an order authorizing
assumption of the NewHoldCo investment agreement.

According to the report, the Landlords' objection argues, "The fact
that a landlord uses bankruptcy procedures to enforce a lease
should not preclude recovery of attorneys' fees and costs for such
enforcement activity (particularly where the Bankruptcy Court is
the exclusive forum where the landlord can obtain any relief, being
foreclosed from state court relief by the automatic stay).
Accordingly, Landlords further request that they be reimbursed for
all of their actual pecuniary losses including, but not limited to,
attorney's fees and costs expended with regard to Debtors'
bankruptcy proceedings. Landlord estimates that it will incur a
total of $2,500 per Lease in connection with these bankruptcy
cases, and the Landlords will provide a reconciliation of the
actual fees and costs incurred for a particular Landlord at the
time of the assumption of the applicable Lease.  Section
365(b)(1)(A) requires that the Debtors promptly cure outstanding
balances due under the Leases upon their assumption and assignment.
To the extent there is a dispute over the total cure obligation for
any Lease, all undisputed cure amounts should be paid immediately.
Debtors should escrow disputed amounts, and the Court should set a
status conference within thirty (30) days of the assumption or
assumption and assignment of the Leases to deal with any disputes
that remain unresolved after such period.  There is no basis to
impose upon the Landlords the equivalent of an administrative bar
date, limiting their recourse to recover charges to which they are
entitled under the Leases."

                   About Perfumania Holdings

Perfumania Holdings, Inc. (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.  As of Aug. 26, 2017,
Perfumania, Inc., operated a chain of 226 retail stores,
specializing in the sale of fragrances and related products at
discounted prices up to 75% below the manufacturers' suggested
retail prices.

Perfumania reported a net loss of $23.63 million for the fiscal
year ended Jan. 28, 2017, and a net loss of $11.67 million for the
fiscal year ended Jan. 30, 2016.

As of April 29, 2017, Perfumania had $304.7 million in total
assets, $253.9 million in total liabilities and $50.80 million in
total shareholders' equity.

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


PLASTIPAK HOLDINGS: Moody's Rates Sr. Unsecured Bonds Due 2025 'B3'
-------------------------------------------------------------------
Moody's Investors Service assigned a B3 rating to the Senior
Unsecured Notes due 2025 of Plastipak Holdings, Inc. The proceeds,
along with new Senior Secured Credit Facilities, will be used to
partially acquire Goldman Sach's equity stake, refinance existing
debt, and pay fees and expenses associated with the transaction.
The transaction reduces Goldman's equity stake to approximately 15%
from 36% and is expected to close in October.

Moody's took the following actions:

Assignments:

Issuer: Plastipak Holdings, Inc.

-- Senior Unsecured Regular Bond/Debenture, Assigned B3 (LGD 5)

RATINGS RATIONALE

Plastipak's B1 Corporate Family Rating reflects the company's scale
and global geographic diversification as well as the company's good
market position as one of the larger North American manufacturers
of rigid plastic containers and preforms. The rating also reflects
the high percentage of business under contract with cost
pass-through provisions, high exposure to food and beverage end
markets, and some on-site locations with customers. Plastipak is
also expected to continue to maintain good liquidity.

The stable ratings outlook reflects expectations that Plastipak
will continue to improve margins and free cash flow and improve
credit metrics over the next 12 to 18 months.

The rating is constrained by the high concentration of sales,
primarily commoditized product line and margins that are relatively
weak for the rating category. Plastipak has a high concentration of
sales in the declining US carbonated soft drinks end market and
lower-margin preforms. Additionally, 53% of sales are from the top
ten customers and about 35% from the top three customers.

The ratings could be upgraded if the company sustainably improves
its credit metrics and product mix while maintaining a high
percentage of business under contract. An upgrade would also be
contingent upon stability in the operating and competitive
environment and the continued maintenance of conservative financial
policies. Specifically, ratings could be upgraded if debt/EBITDA
falls below 4.5 times, funds from operations to debt rises above
14.0% and EBITDA to Interest coverage rises above 4.25 times.

The ratings could be downgraded if there is a deterioration in the
competitive and operating environment, liquidity and credit
metrics. Specifically, the ratings could be downgraded if
debt/EBITDA remains above 5.5 times, funds from operations to debt
declines below 10.0%, EBITDA to Interest coverage declines below
3.75 time, or free cash flow turns negative.

The principal methodology used in these ratings was Packaging
Manufacturers: Metal, Glass, and Plastic Containers published in
September 2015.

Plastipak Holdings, Inc. is a privately-held global manufacturer of
plastic packaging containers and preforms used by branded companies
in the beverage, food, consumer cleaning, personal care,
industrial, and automotive industries worldwide. Headquartered in
Plymouth, Michigan, Plastipak generated revenues of approximately
$2.7 billion for the twelve months ended April 30, 2017. Following
the transaction, the Young family will own approximately 76% of the
outstanding stock and Goldman Sachs will own approximately 15% with
the balance owned by senior management.


PLAZA BROADWAY: Hires Quilling Selander Lownds as Counsel
---------------------------------------------------------
Plaza Broadway Retail Group, LLC seeks authorization from the U.S.
Bankruptcy Court for the Northern District of Texas to employ
Quilling, Selander, Lownds, Winslett & Moser, PC as general
counsel.

The Debtor filed its application to employ Eric A. Liepins, P.C.,
as its general counsel on February 10, 2017.  On April 19, the
court entered its order employing Liepins PC.  On August 16,
Liepins filed its Motion to Withdraw as Counsel of Record.  No
order has been entered as to Liepins' Motion to Withdraw at the
time of this Application.

The Debtor requires Quilling Selander to:

     a. furnish legal advice to the Debtor with regard to its
        powers, duties and responsibilities as a debtor-in-
        possession and the continued management of his affairs
        and assets under chapter 11;

     b. prepare, for and on behalf of the Debtor, all necessary
        applications, motions, answers, orders, reports and
        other legal papers;

     c. prepare a disclosure statement and plan of reorganization
        and other services incident thereto;

     d. investigate and prosecute preference and fraudulent
        transfers actions arising under the avoidance powers of
        the Bankruptcy Code; and

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

Quilling Selander will be paid at these hourly rates:

      Shareholders               $275-$425
      Associates                 $225-$275
      Paralegals                 $100-$120

Quilling Selander has received a retainer in the amount of $10,000.
The firm is holding the retainer in its trust account.

John Paul Stanford, Esq., partner in the law firm of Quilling,
Selander, Lownds, Winslett & Moser, P.C., assured the Court that
the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Quilling Selander may be reached at:

      John Paul Stanford, Esq.
      Quilling, Selander, Lownds, Winslett & Moser, P.C.
      2001 Bryan Street, Suite 1800
      Dallas, TX 75201
      Tel: (214) 880-1805
      Fax: (214) 871-2111
      Email: jstanford@qslwm.com

                  Plaza Broadway Retail Group, LLC

Plaza Broadway Retail Group, LLC filed a Chapter 11 bankruptcy
petition (Bankr. N.D. Tex. Case No. 17-30247) on January 22, 2017.
Eric A. Liepins, PC served as bankruptcy counsel but was later
replaced by Quilling, Selander, Lownds, Winslett & Moser, PC.

The Debtor's assets and liabilities are both below $1 million.


PRODUCTION PATTERN: Needs Access to Cash Until December 2017
------------------------------------------------------------
Production Pattern and Foundry, Inc., asks the U.S. Bankruptcy
Court for the District of Nevada for a determination that its
postpetition use of cash from its manufacturing facilities are not
subject to Bank of the West's cash collateral interests, or
alternatively, for authorization to use the cash collateral of Bank
of the West.

The Debtor tells the Court that it requires the use of its
postpetition revenues in order to continue operating its business
as a going concern.  The Debtor further says that due to various
problems with its raw material suppliers, the Debtor is required to
pay COD for most of its materials and requires cash on a regular
basis, in addition to its need to pay overhead expenses and payroll
for its 136 employees.

The Debtor has prepared a 3-Month Budget which provides total
expenses of approximately $5,674,128 during the months of October
through December 2017.

The Debtor asserts that it has accrued but unpaid accounts
receivable in the sum of $1,417,763 that are less than 90 days old,
and $297,136 that are over 90 days old from prepetition sales, and
cash on deposit in its bank accounts in the sum of $90,046.

As of the Petition Date, the Debtor was indebted to Bank of the
West in the approximate collective amount of $6,218,650, resulting
from various financial accommodations, and secured by commercial
security agreements purportedly encumbering all of the Debtor's
personal property and all products and proceeds thereof.  One of
the notes is also secured by a first priority Deed of Trust against
the Debtor's real property located at 10 PPF Way, Mound House,
Nevada.

The Debtor claims that it is not in default and is current on its
loan payments to Bank of the West -- the collective monthly loan
payments due to Bank of the West is $65,622.

Based on the value of its prepetition collateral, the Debtor
believes that Bank of the West is adequately protected by an equity
cushion.  Likewise, the proposed cash collateral use will allow the
Debtor to effectively operate, preserve and maintain the
prepetition collateral and its business operations, thereby
preserving and maximizing the value of its assets for the estate
and its creditors, including Bank of the West.

Moreover, the Debtor proposes to continue to pay Bank of the West
its regular monthly loan payments of is $65,622, until whichever of
the following events occurs first:

     (a) entry of an order confirming a plan of reorganization in
this case; or

     (b) conversion of this Chapter 11 case to a proceeding under
Chapter 7 of the Bankruptcy Code.

A full-text copy of the Debtor's Motion, dated Sept. 28, 2017, is
available at https://is.gd/btNQy3

              About Production Pattern and Foundry

Production Pattern and Foundry Co., Inc. -- http://www.ppfco.com/
-- is a TS-16949 Certified, casting foundry, producing aluminum
castings for a wide variety of industries.  PPF produces parts and
equipment components for a broad spectrum of markets -- from
chip-making equipment to drinking fountains.  Typical PPF customer
applications have included: housings mounting bases, manifolds,
valve bodies, door hinges and brackets.  The Company also has
experience in heavy truck manufacturing, semiconductor chip
manufacturing equipment, medical and dental equipment
manufacturing, construction, utility, packaging machinery and
sports equipment industries.

Production Pattern and Foundry filed a Chapter 11 petition (Bankr.
D. Nev. Case No. 17-51106) on Sept. 20, 2017.  The petition was
signed by Arlene Cochran, president.  The case is assigned to Judge
Bruce T. Beesley.  The Debtor is represented by Chris D Nichols,
Esq. at Minden Lawyers, LLC.  At the time of filing, the Debtor
estimated assets and liabilities of $10 million to $50 million.


QUALITY CARE: S&P Lowers CCR to B- on Near-Term Covenant Pressure
-----------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating to 'B-' from
'B' on Bethesda, Md.–based Quality Care Properties Inc. The
ratings all remain on CreditWatch with negative implications.

S&P said, "At the same time, we lowered the issue-level rating on
the $1 billion first lien loan to 'B+' from 'BB-'. The recovery
rating is '1', indicating our expectation for very high recovery
(90%-100%; rounded estimate: 95%) in our default scenario. We are
also lowering the second-lien issue-level rating to 'B' from 'B+',
with a '2' recovery rating that indicates our expectation for
substantial (70% to 90%; rounded estimate: 75%) recovery.

"The downgrade reflects our view that QCP has limited cushion under
its existing covenants and a high probability of breaching its debt
service coverage covenant as early as March 2018 absent an
amendment of its credit facilities or waiver of the covenants by
the lenders. Over the past few quarters, HCR ManorCare, the
company's main tenant representing 91% of its NOI continues to pay
substantially reduced rent under its lease agreement and management
has not made progress in obtaining an amendment, waiver, or made
sufficient progress towards meaningful asset sales, which we view
as negative in terms of financial policy. Although the level of
rent that QCP could receive is uncertain, we currently estimate QCP
could receive $18 million per month in rent from HCR, which would
likely result in the breach of its DSCR of 1.75x in the first
quarter of 2018. Additionally, the downgrade reflects uncertainty
surrounding the potential of HCR filing for bankruptcy.

"We intend to resolve the CreditWatch once we gain more clarity on
the company's ability to alleviate covenant pressure as well as a
better understanding of the long term sustainable rental payments
(from either HCR or other regional operators). If the company is
unable to reach an agreement to resolve covenant issues by year-end
2017, we could lower the rating, by more than one notch into the
'CCC' category to reflect heightened default risk."


REBUILTCARS CORP: Court Signs 6th Interim Order on Cash Use
-----------------------------------------------------------
Judge Timothy A. Barnes of the U.S. Bankruptcy Court for the
Northern District of Illinois signed a Sixth Interim Order
authorizing Rebuiltcars Corporation to use the cash collateral, in
which Automobile Finance Corporation asserts an interest, for its
postpetition, necessary and reasonable operating expenses in
accordance with the approved Budget.

The Budget provides projected total monthly expenses amounting to
$35,501.

As adequate protection for the Debtor's use of AFC Cash Collateral,
the Debtor will provide Automobile Finance Corporation with
adequate protection as follows:

     (a) The Debtor may sell any of the AFC Secured Vehicles in the
ordinary course of business for an amount sufficient to pay
Automobile Finance Corporation the full amount owing on the vehicle
as of the date of sale as indicated in the records of Automobile
Finance Corporation;

     (b) Upon the sale of an AFC Secured Vehicle, the Payoff Amount
will be deposited into a separate deposit account -- the AFC Escrow
Account -- maintained at a financial institution approved by the
U.S. Trustee;

     (c) Upon the sale of an AFC Secured Vehicle, the Debtor will
provide written documentation to Automobile Finance Corporation
that verifies the final sale of such vehicle;

     (d) Other than for routine maintenance and test-drives during
normal business hours, the Debtor will not allow any AFC Secured
Vehicle to leave its premises until receipt of title from
Automobile Finance Corporation;

     (e) Automobile Finance Corporation will be granted with
replacement liens in all property and assets in which the Debtor
has an interest, including the proceeds, products, rents and
profits thereof, with the same priority, validity and extent as
Automobile Finance Corporation's prepetition liens;

     (f) The Debtor will provide Automobile Finance Corporation
with a written report: (i) regarding each AFC Secured Vehicle sold
or otherwise disposed of during the previous week, (ii) regarding
each AFC Secured Vehicle still owned by the Debtor and the location
and condition of such vehicle, and (iii) of the balance in the AFC
Escrow Account, including a listing of all deposits and
withdrawals;

     (g) The Debtor will, at all times, keep the AFC Secured
Vehicles insured under the same terms and conditions as set forth
in the respective AFC Note.

     (h) The Debtor will maintain all documents related to
Automobile Finance Corporation's collateral, including all sale
documents, at its principal place of business, where Automobile
Finance Corporation may inspect its collateral and all documents
related thereto, as well as the Debtor's premises;

     (i) The Debtor will remain current in the payment of all
post-petition tax liabilities, including but not limited to
accruing ad valorem property taxes, sales and use taxes, payroll
taxes and income taxes; and

     (j) The Debtor will tender the sum of $202 to Automobile
Finance Corporation each month until further order of the Court.

A hearing to consider the continued use of cash collateral will be
held on Oct. 25, 2017 at 10:30 a.m.

A full-text copy of the Sixth Interim Order, dated Sept. 27, 2017,
is available at https://is.gd/tAn91F

                     About Rebuiltcars Corp

Rebuiltcars Corporation filed a Chapter 11 petition (Bankr. N.D.
Ill. Case No. 17-11811) on April 14, 2017.  The petition was signed
by Mindaugas Kazakevicius, president.  The Debtor estimated $50,000
to $100,000 in assets and $500,000 to $1 million in liabilities.
The case is assigned to Judge Timothy A. Barnes.  The Debtor is
represented by Paul M. Bach, Esq., at the Bach Law Offices.


REBUILTCARS CORP: Has Interim Nod to Use Cash Until Oct. 31
-----------------------------------------------------------
The Hon. Timothy A. Barnes of the U.S. Bankruptcy Court for the
Northern District of Illinois has issued a Sixth Interim Order
authorizing Rebuiltcars Corporation to use the cash collateral
belonging to 1st Global Capital, Capital Merchant Services, First
Home Bank and Swift Capital.

The Debtor may use cash collateral, to the extent set forth in the
Sixth Interim Order and in accordance to the monthly operating
budget, to and including October 31, 2017.

The Budget provides projected total monthly expenses amounting to
$35,501.  It also indicates that the Debtor will make adequate
protection payments as follows:

              1st Global Capital - $190
              Capital Merchant Services - $137
              First Home Bank - $1,705
              Swift Capital - $265

1st Global Capital, Capital Merchant Services, First Home Bank and
Swift Capital are each granted with replacement liens in the
Debtor's Business Assets, including all products, additions,
accessions and replacements of those assets and the proceeds
received by the Debtor in those assets.  Such replacement lien will
have the same validity, perfection and enforceability as the
prepetition liens held by 1st Global Capital, Capital Merchant
Services, First Home Bank and Swift Capital.

In addition, Judge Barnes directed the Debtor to maintain adequate
property insurance on the Debtor's business assets, including but
not limited to vehicle, vehicle parts and inventory, certificates
of title and all purchases, products and additions, accessions and
replacements of those assets.

A status hearing has been set for Oct. 25, 2017 at 10:30 a.m.

A full-text copy of the Sixth Interim Order, dated Sept. 27, 2017,
is available at https://is.gd/NhrOOL

                     About Rebuiltcars Corp

Rebuiltcars Corporation filed a Chapter 11 petition (Bankr. N.D.
Ill. Case No. 17-11811) on April 14, 2017.  The petition was signed
by Mindaugas Kazakevicius, president. The Debtor estimated $50,000
to $100,000 in assets and $500,000 to $1 million in liabilities.
The case is assigned to Judge Timothy A. Barnes.  The Debtor is
represented by Paul M. Bach, Esq., at the Bach Law Offices.


RENNOVA HEALTH: Issues 1.75 Million Series F Preferred Stock
------------------------------------------------------------
In connection with the acquisition of Genomas, Inc., on Sept. 27,
2017, Rennova Health, Inc. issued 1,750,000 shares of Series F
Convertible Preferred Stock.  The following summary of certain
terms and provisions of the Company's Series F Preferred Stock is
subject to, and qualified in its entirety by reference to, the
terms and provisions set forth in the Company's Amended Certificate
of Designation of Preferences, Rights and Limitations of Series F
Preferred Stock.

General.  The Company's board of directors has designated up to
1,750,000 shares of the 5,000,000 authorized shares of preferred
stock as Series F Preferred Stock.

Rank.  The Series F Preferred Stock ranks on parity to the
Company's common stock.

Conversion.  Each share of the Series F Preferred Stock is
convertible into shares of the Company's common stock (subject to
adjustment as provided in the related certificate of designation of
preferences, rights and limitations) at any time after the first
anniversary of the issuance date at the option of the holder at a
conversion price equal to the greater of $1.95 or the average
closing price of the Company's common stock for the 10 trading days
immediately preceding the conversion.  The maximum number of shares
of common stock issuable upon the conversion of the Series F
Preferred Stock is 897,436.  The conversion price and the maximum
number of shares issuable upon conversion are subject to adjustment
upon the effectiveness of the Company's previously announced
1-for-15 reverse stock split.  Any shares of Series F Preferred
Stock outstanding on the fifth anniversary of the issuance date
will be mandatorily converted into common stock at the applicable
conversion price on such date.

Liquidation Preference.  In the event of the Company's liquidation,
dissolution or winding-up, holders of Series F Preferred Stock will
be entitled to receive the same amount that a holder of common
stock would receive if the Series F Preferred Stock were fully
converted into shares of our common stock at the conversion price
(assuming for such purposes that the Series F Preferred Stock is
then convertible) which amounts will be paid pari passu with all
holders of common stock.

Voting Rights.  Each share of Series F Preferred Stock will have
one vote, and the holders of the Series F Preferred Stock will vote
together with the holders of the Company's common stock as a single
class.

Dividends.  The holders of the Series F Preferred Stock will
participate, on an as-if-converted-to-common stock basis, in any
cash dividends to the holders of common stock.

Redemption.  At any time, from time to time after the first
anniversary of the issuance date, the Company has the right to
redeem all or any portion of the outstanding Series F Preferred
Stock at a price per share equal to $1.95 plus any accrued but
unpaid dividends.

Negative Covenants.  As long as any shares of Series F Preferred
Stock are outstanding, the Company may not amend, alter or repeal
any provision of the Company's certificate of incorporation, the
certificate of designation or its bylaws in a manner that
materially adversely affects the powers, preferences or rights of
the Series F Preferred Stock.

The issuance of the shares of Series F Preferred Stock was exempt
from the registration requirements of the Securities Act of 1933,
as amended, in accordance with Section 4(a)(2) thereof, as a
transaction by an issuer not involving a public offering.

                     About Rennova Health

Based in West Palm Beach, Florida, Rennova Health, Inc.
(NASDAQ:RNVA) -- http://www.rennovahealth.com/-- provides
diagnostics and supportive software solutions to healthcare
providers, delivering an efficient, effective patient experience
and superior clinical outcomes.

Rennova Health reported a net loss attributable to common
stockholders of $32.61 million on $5.24 million of net revenues for
the year ended Dec. 31, 2016, compared with a net loss attributable
to common stockholders of $37.58 million on $18.39 million of net
revenues for the year ended Dec. 31, 2015.

As of June 30, 2017, Rennova Health had $5.68 million in total
assets, $23.20 million in total liabilities, and a total
stockholders' deficit of $17.51 million.

Green & Company, CPAs, in Temple Terrace, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, citing that the Company has
significant net losses and cash flow deficiencies.  Those
conditions raise substantial doubt about the Company's ability to
continue as a going concern.


S&F MEAT: Taps Bochetto & Lentz as Special Counsel
--------------------------------------------------
S&F Meat Corp. seeks approval from the U.S. Bankruptcy Court for
the Eastern District of Pennsylvania to hire Bochetto & Lentz, P.C.
as special counsel to represent its interests in a lawsuit in
Pennsylvania state court.

The Debtor's financial issues started with an agreement to borrow
funds from General Trading Co., Inc., as well as execute a certain
cross corporate guaranty, pursuant to which it guaranteed payments
to or sums owed by 476 Meat Corp., a former affiliate of the Debtor
in 2010.

Following 475 Meat's alleged default on the Promissory Note, GTC
commenced collection actions both against 475 Meat and the Debtor,
including the filing of a complaint in confession of judgment in
ejectment for possession of the Debtor's premises located at 1240
East Erie Avenue, Philadelphia, PA 19124 in the Court of Common
Pleas of Philadelphia County, in the action styled General Trading
Co., Inc., individually and by its agent Grocery Leasing Corp. v.
S&F Meat Corp., Case No. October Term 2016, No. 002792.

The Firm's current hourly rates are:

    Jeffrey W. Ogren, Esq. $425/hour
    Associates             $365/hour to $425/hour
    Paralegals             $110/hour

Jeffrey W. Ogren attests that B&L does not hold or represent any
interest adverse to the Debtor or its estate with respect to the
matters on which it is to be employed.

The Firm can be reached through:

     Jeffrey W. Ogren, Esq.
     BOCHETTO & LENTZ, P.C.
     1524 Locust Street
     Philadelphia, PA 19102
     Phone: 215-735-3900
     Fax: 215-735-2455

                       About S&F Meat Corp.

S&F Meat Corp. sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. Pa. Case No. 17-14687) on July 10, 2017.  Yleana
Rodriguez, the Company's president, signed the petition.  

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

Judge Ashely M. Chan presides over the case.  David B. Smith, Esq.,
at Smith Kane, serves as counsel to the Debtor.


SAMARITAN COMMUNITY: Hires Porter Law Network as Attorney
---------------------------------------------------------
New Good Samaritan Community Services seeks authorization from the
U.S. Bankruptcy Court for the Northern District of Illinois to
employ Porter Law Network as its attorney.

The Debtor requires Porter to:

     a. give the Debtor legal advice with respect to its
        powers and duties as debtor-in-possession in the
        continued management of its assets;

     b. prepare applications, motions, complaints, orders,
        reports, pleadings, plans, disclosure statements or
        other papers on the Debtor's behalf that may be
        necessary in connection with this case;

     c. take action as may be necessary with respect to
        claims that may be asserted against the Debtor; and

     d. perform all other legal services for the Debtor
        which may be required in connection with this case.

Porter will be paid at these hourly rates:

     Karen J. Porter                  $400
     Legal Assistants                 $175

Robert Marshall, the Debtor's principal, paid the filing fee in the
amount of $1,717 prior to the commencement of the case.

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

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

Porter may be reached at:

      Karen J. Porter, Esq.
      Porter Law Network
      230 West Monroe, Suite 240
      Chicago, IL 60606
      Phone: (312) 372-4400
      Fax: (312) 372-4160

             About New Good Samaritan Community Services

New Good Samaritan Community Services filed a Chapter 11 bankruptcy
petition (Bankr. N.D. Ill. Case No. 17-18184) on June 15, 2017.
Karen J. Porter, Esq., at Porter Law Network, serves as bankruptcy
counsel.  The Debtor's assets and liabilities are both below $1
million.


SCIENTIFIC GAMES: Prices Private Offering of $350 Million Notes
---------------------------------------------------------------
Scientific Games Corporation announced that its wholly owned
subsidiary, Scientific Games International, Inc., has priced $350
million in aggregate principal amount of 5.000% senior secured
notes due 2025 at an issue price of 100.0% in a previously
announced private offering.

The Notes will be guaranteed on a senior basis by Scientific Games
and certain of its subsidiaries.  The Notes will be secured by
liens on the same collateral that secures indebtedness under
Scientific Games' existing credit agreement and SGI's 7.000% senior
secured notes due 2022.

Scientific Games intends to use the net proceeds of the Notes
offering, together with cash on hand and borrowings under the
Company's existing revolving credit facility, to finance the
Company's pending acquisition of NYX Gaming Group Limited and its
subsidiaries, including the refinancing of certain indebtedness of
NYX, and to pay related fees and expenses.  The offering of the
Notes is not conditioned upon the consummation of the NYX
Acquisition.  If the NYX Acquisition is not consummated for any
reason or other corporate needs arise, the Company may use the net
proceeds from the offering of the Notes for general corporate
purposes, which may include the prepayment of term loan borrowings
under the Company's existing credit agreement.

The offering is currently expected to close on Oct. 17, 2017,
subject to customary conditions.

The Notes will not be registered under the Securities Act of 1933,
as amended or any state securities laws and, unless so registered,
may not be offered or sold in the United States except pursuant to
an applicable exemption from the registration requirements of the
Securities Act and applicable state securities laws.  The Notes
will be offered only to qualified institutional buyers in
accordance with Rule 144A and to non-U.S. Persons under Regulation
S under the Securities Act.

                    About Scientific Games

Scientific Games Corporation (NASDAQ: SGMS) --
http://www.scientificgames.com/-- is a developer of
technology-based gaming systems, table games, table products and
instant games and a leader in products, services and content for
gaming, lottery and interactive gaming markets.  Scientific Games
delivers what customers and players value most: trusted security,
creative content, operating efficiencies and innovative technology.
Today, the Company offers customers a fully integrated portfolio
of technology platforms, robust systems, engaging content and
unrivaled professional services.

Scientific Games reported a net loss of $353.7 million in 2016, a
net loss of $1.39 billion in 2015 and a net loss of $234.3 million
in 2014.  As of June 30, 2017, Scientific Games had $7.06 billion
in total assets, $9.06 billion in total liabilities and a total
stockholders' deficit of $2 billion.

                          *    *    *

As reported by the TCR on Oct. 4, 2017, Moody's Investors Service
confirmed Scientific Games Corporation's ("SGC") 'B2' Corporate
Family Rating and 'B2-PD' Probability of Default Rating.  The
confirmation of the 'B2' Corporate Family Rating reflects Moody's
expectations that the proposed transaction, although primarily debt
funded, does not materially change Moody's expectation for
continued reduction in leverage from current levels, which is key
to the company maintaining its existing rating.

In July 2017, S&P Global Ratings affirmed its ratings on Scientific
Games, including its 'B' corporate credit rating.  The outlook is
stable.  "The affirmation of our 'B' corporate credit rating
reflects our expectation for adjusted EBITDA coverage of interest
to remain around 2x through 2018 and for the company to prioritize
the use of free cash flow for debt repayment, which we believe
partially mitigates currently high leverage.  We are forecasting
adjusted debt to EBITDA to be in the low- to mid-7x area in 2017
and around 7x in 2018, given our forecast for only modest EBITDA
growth and debt reduction."


SE PROFESSIONALS: Can Continue Using Cash Collateral Until Nov. 18
------------------------------------------------------------------
Judge Donald R. Cassling of the U.S. Bankruptcy Court for the
Northern District of Illinois authorized SE Professionals, S.C., to
use cash collateral on an interim basis during the period of Oct. 1
through Nov. 18, 2017, to the extent set forth in the budget.

The Budget provided total expenses of approximately $455,727 during
the use period.

In return to the Debtor's continued interim use of cash collateral,
Bank First National is granted the following adequate protection
for its purported secured interests in the property of the Debtor:

     (1) The Debtor will permit Bank First National to inspect its
books and records;

     (2) The Debtor will maintain and pay premiums for insurance to
cover all of its assets from fire, theft and water damage;

     (3) The Debtor will make available to Bank First National
evidence of that which constitutes as its collateral or proceeds;

     (4) The Debtor will properly maintain its assets in good
repair and properly manage its business;

     (5) Bank First National will be granted valid, perfected,
enforceable security interests in and to the Debtor's postpetition
assets, including all proceeds and products which become property
of the estate, to the extent and priority of their alleged
prepetition liens, but only to the extent of any diminution in the
value of such assets during the period from the Petition Date
through Nov. 18, 2017; and

     (6) On or before Oct. 15, 2017, and each month thereafter, the
Debtor will provide Bank First National with a budget-to-actual
report comparing actual income and expenses against those set forth
on the cash collateral budget approved for the preceding calendar
month.

A final hearing on the Debtor's Motion to use cash collateral is
scheduled to take place on Nov. 14, 2017 at 10:00 a.m.

A full-text copy of the Order, dated Oct. 3, 2017, is available at
https://is.gd/isWKjB

                      About SE Professionals

SE Professionals, doing business as Premier Vision, is a Wisconsin
service corporation which employs licensed optometrists and sells
eye-wear at three locations in the Milwaukee, Wisconsin area.  SE
Professionals' principal place of business is 840 W. Blackhawk St.,
Apt. 413, Chicago, Illinois, which is the residence of the
president, sole director and sole shareholder of SE, namely, D.
King Aymond, M.D.

SE Professionals filed a Chapter 11 petition (Bankr. N.D. Ill. Case
No. 17-18113) on June 14, 2017.  King D. Aymond, M.D., president,
signed the petition.  At the time of filing, the Debtor estimated
$100,000 to $500,000 in assets and $1 million to $10 million in
liabilities.

The case is assigned to Judge Donald R. Cassling.

The Debtor is represented by Arthur G Simon, Esq., at Crane,
Heyman, Simon, Welch & Clar.

No trustee, examiner or official committee of unsecured creditors
has been appointed in the case.


SEADRILL LIMITED: Directors Taps Baker Tilly as Financial Advisor
-----------------------------------------------------------------
Seadrill Limited, and its debtor-affiliates seek authority from the
U.S. Bankruptcy Court for the Southern District of Texas to employ
Baker Tilly Virchow Krause, LLP, as financial advisors to the
Disinterested Directors of the Board of Directors of the Debtors.

Seadrill Limited requires Baker Tilly to:

   a. analyze the Debtors' financial books and records and other
      information regarding certain related party transactions
      among the Debtors;

   b. investigate and advise the Disinterested Directors with
      regards to related party transactions, including the
      financial aspects of claims against related parties; and

   c. provide other matters as mutually agreed by the
      Disinterested Directors and Baker Tilly.

Baker Tilly will be paid at these hourly rates:

   Technical Directors/Principals/Partners      $535-$985
   Senior Managers and Directors                $400-$795
   Managers                                     $300-$600
   Senior Consultants                           $225-$450
   Staff Consultants                            $175-$295
   Paraprofessionals                            $135-$210

Baker Tilly received prepetition advanced payments totaling
$5,000,000.  Baker Tilly applied $4,295,866 against the advanced
payments and held an advanced payment of $704,134 as of the
Petition Date.

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

Susan H. Seabury, principal and general counsel for the Forensic,
Litigation, and Valuation Services group of Baker Tilly Virchow
Krause, LLP, assured the Court that the firm and its professionals
are a "disinterested person" as the term is defined in Section
101(14) of the Bankruptcy Code and (a) are not creditors, equity
security holders or insiders of the Debtors; (b) have not been,
within two years before the date of the filing of the Debtors'
chapter 11 petition, directors, officers or employees of the
Debtors; and (c) do not have an interest materially adverse to the
interest of the estate or of any class of creditors or equity
security holders, by reason of any direct or indirect relationship
to, connection with, or interest in, the Debtors, or for any other
reason.

Baker Tilly can be reached at:

     Susan H. Seabury
     BAKER TILLY VIRCHOW KRAUSE, LLP
     1050 Crown Pointe Parkway, Suite 1650
     Atlanta, GA 30338
     Tel: (770) 206-2400
     Fax: (770) 512-8770

                  About Seadrill Limited

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, Seadrill Limited and 85
affiliated debtors each filed a voluntary petition for relief under
Chapter 11 (Bankr. S.D. Tex. Lead Case No. 17-60079) on Sept. 12,
2017.

Together with the chapter 11 proceedings, Seadrill, North Atlantic
Drilling Limited ("NADL") and Sevan Drilling Limited ("Sevan")
commenced 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 serve 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.
PricewaterhouseCoopers LLP UK, as independent auditor. Prime Clerk
is the claims agent and maintains the Web site
https://cases.primeclerk.com/seadrill


SEADRILL LIMITED: Hires Skadden Arps as Special Counsel
-------------------------------------------------------
Seadrill Limited, and its debtor-affiliates seek authority from the
U.S. Bankruptcy Court for the Southern District of Texas to employ
Skadden Arps Slate Meagher & Flom LLP, as special counsel to the
Debtors.

Seadrill Limited requires Skadden Arps to advise and represent the
Debtors on five non-bankruptcy matters that arose prior to the
Chapter 11 filing:

   Matter No. 1: advise the Debtor Seadrill Management Limited
                 concerning compliance with U.S. and EU
                 sanctions.

   Matter No. 2: advise the Debtor Seadrill Limited regarding
                 securities-law disclosures.

   Matter No. 3: advise the Debtor Seadrill Limited regarding an
                 internal review and regulatory matters in
                 Brazil.

   Matter No. 4: advise the Debtor Seadrill Limited concerning
                 compliance practices respecting agents.

   Matter No. 5: represent Debtors Seadrill Offshore A.S. and
                 Seadrill Servicos de Petroleo Ltda. In
                 connection with agency agreement arbitration
                 claims.

Skadden Arps will be paid at these hourly rates:

     Partners/Of Counsels                     $926-$1,420
     Counsels/Special Counsels                $922-$1,093
     Associates                               $394-$945
     Legal Assistants                         $209-$366

Skadden Arps will be paid a retainer in the amount of $600,000.

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

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

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

   Response:  No.

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

   Response:  No.

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

   Response:  Since its representation of Debtors began, other
              than regular, annual, Firm-wide adjustments to its
              standard rates, Skadden Arps has not changed its
              billing rates or material financial terms for the
              engagement, and those rates and terms have been the
              same prepetition and postpetition, other than that,
              as noted above, Skadden Arps did implement a
              retainer on September 11, 2017.

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

   Response:  Skadden Arps and the Debtors have discussed
              Skadden Arps's estimated fees and expenses and
              staffing related to these matters. The Firm and the
              Debtors expect to develop a prospective budget and
              staffing plan for an initial period from the
              Petition Date to December 31, 2017, which would
              subsequently be amended and extended through the
              duration of these cases.

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

Skadden Arps can be reached at:

     Gary DiBianco, Esq.
     SKADDEN ARPS SLATE MEAGHER & FLOM LLP
     1440 New York Avenue, N.W.
     Washington, D.C. 20005
     Tel: (202) 371-7858
     Fax: (202) 661-0558
     E-mail: gary.dibianco@skadden.com

                  About Seadrill Limited

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, Seadrill Limited and 85
affiliated debtors each filed a voluntary petition for relief under
Chapter 11 (Bankr. S.D. Tex. Lead Case No. 17-60079) on Sept. 12,
2017.

Together with the chapter 11 proceedings, Seadrill, North Atlantic
Drilling Limited ("NADL") and Sevan Drilling Limited ("Sevan")
commenced 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 serve 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.
PricewaterhouseCoopers LLP UK, as independent auditor. Prime Clerk
is the claims agent and maintains the Web site
https://cases.primeclerk.com/seadrill


SEADRILL LIMITED: Taps Houlihan Lokey as Financial Advisor
----------------------------------------------------------
Seadrill Limited, and its debtor-affiliates seek authority from the
U.S. Bankruptcy Court for the Southern District of Texas to employ
Houlihan Lokey Capital, Inc., as financial advisors to the
Debtors.

Seadrill Limited requires Houlihan Lokey to:

   (a) assist the Debtors in the development and distribution of
       selected information, documents and other materials,
       including, if appropriate, advise the Debtors in the
       preparation of an offering memorandum;

   (b) assist the Debtors in evaluating indications of interest
       and proposals regarding any Transactions from current
       and potential lenders, equity investors, acquirers and
       strategic partners;

   (c) assist the Debtors with the negotiation of any
       Transactions, including participating in negotiations
       with creditors and other parties involved in any
       Transactions;

   (d) provide expert advice and testimony regarding financial
       matters related to any Transactions, if necessary;

   (e) attend meetings of each Debtors' board of directors,
       creditor groups, official constituencies and other
       interested parties, as the Debtors and Houlihan Lokey
       mutually agree; and

   (f) provide such other financial advisory and investment
       banking services as may be required by additional issues
       and developments not anticipated on the Effective Date, as
       described in the Engagement Agreement; provided, however,
       that such services will not consist of matters in which
       any member of a Subsidiary Group is adverse to the
       Debtors.

Houlihan Lokey will be paid on these terms:

   (a)  Monthly Fees. Upon the first monthly anniversary of the
        Effective Date, and on every monthly anniversary of
        the Effective Date during the term of the Engagement
        Agreement, the Debtors shall pay Houlihan Lokey in
        advance, without notice or invoice, a nonrefundable cash
        fee of $185,000.  Each Monthly Fee shall be earned upon
        Houlihan Lokey's receipt thereof in consideration of
        Houlihan Lokey accepting this engagement and performing
        services described.  Beginning with the Monthly Fee due
        on September 16, 2016, 50% of the Monthly Fees previously
        paid on a timely basis to Houlihan Lokey shall be
        credited against the Restructuring Transaction Fee to
        which Houlihan Lokey becomes entitled hereunder (it being
        understood and agreed that no Monthly Fee shall be
        credited more than once), except that, in no event, shall
        such Restructuring Transaction Fee be reduced below zero.

   (b)  Transaction Fees. The Debtors shall pay Houlihan Lokey
        these Transaction Fees:

        i.  Restructuring Transaction Fees. Upon the earlier to
            occur of: (I) in the case of an out-of-court
            Restructuring Transaction (as defined below), the
            closing of such Restructuring Transaction; (II) in
            the case of an in-court Restructuring Transaction,
            the date of confirmation of a plan of reorganization
            or liquidation under Chapter 11 of the U.S.
            Bankruptcy Code pursuant to an order of the
            applicable bankruptcy court, or in the case of one
            or more schemes of arrangement, the date the
            applicable court sanctions the schemes; and (III) in
            the case of a Sale Transaction, the closing of such
            Sale Transaction, Houlihan Lokey shall earn, and the
            Debtors shall promptly pay to Houlihan Lokey, a cash
            fee ("Restructuring Transaction Fee") equal to
            $29,041,500, which was calculated based on the
            sum of (A) 0.30% of the total outstanding secured and
            unsecured debt obligations of the Debtors as of
            December 31, 2016, as set forth on Schedule A (the
            "Base Obligations") up to $5.0 billion, plus (B)
            0.275% of the Base Obligations above $5.0 billion,
            but excluding (C) any unsecured debt obligations held
            by Hemen Holdings as of the date of this Agreement;
            provided, however, the Debtors and Houlihan Lokey may
            mutually agree to amend this Agreement to include
            additional obligations in Schedule A and
            correspondingly increase the calculated Restructuring
            Transaction Fee.

        ii. Financing Transaction Fees. Upon the closing of each
            Financing Transaction, Houlihan Lokey shall earn, and
            the Debtors shall thereupon pay immediately and
            directly from the gross proceeds of such Financing
            Transaction, as a cost of such Financing Transaction,
            a cash fee ("Financing Transaction Fee") equal to the
            sum of (I) 0.75% (fifty-percent (50%) of 1.5%) of the
            gross proceeds of any indebtedness raised or
            committed from any party, whether such indebtedness
            is secured, unsecured, unsubordinated or
            subordinated; and (II) 0.75% (fifty-percent (50%) of
            1.5%) of the gross proceeds of all equity or equity-
            linked securities (including, without limitation,
            convertible securities and preferred stock) placed or
            committed. It is understood and agreed that if the
            proceeds of any such Financing Transaction are to be
            funded in more than one stage, Houlihan Lokey shall
            be entitled to its applicable compensation hereunder
            upon the closing date of each stage. It is further
            understood and agreed no Financing Transaction
            Fee shall be due on any capital funded by Hemen
            Holdings or any of its controlled affiliates. Fifty-
            percent (50%) of all Financing Transaction Fees
            paid to Houlihan Lokey shall be credited against any
            Restructuring Transaction Fee to which Houlihan Lokey
            becomes entitled, except that, in no event, will the
            Restructuring Transaction Fee be reduced below zero.

Prior to the commencement of the Chapter 11 cases, the Debtors paid
Houlihan Lokey fees of $3,515,000 for services rendered, and
reasonable out-of-pocket expenses related thereto of $1,172,264.81,
including a $75,000 expense advance to cover potential expenses
through the Petition Date.

In August 2017, Houlihan Lokey and the Debtors agreed to the
Amendment to the Original Engagement Agreement to incorporate a fee
cap of (a) $28,000,000 for all fees incurred from the commencement
of Houlihan Lokey's engagement in February 2016 through eight
months following the Petition Date, plus (b) any Monthly Fees
payable after May 12, 2018.

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

David R. Hilty, managing director and co-head of the Financial
Restructuring Group of Houlihan Lokey Capital, Inc., assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and (a) is not
creditors, equity security holders or insiders of the Debtors; (b)
has not been, within two years before the date of the filing of the
Debtors' chapter 11 petition, directors, officers or employees of
the Debtors; and (c) does not have an interest materially adverse
to the interest of the estate or of any class of creditors or
equity security holders, by reason of any direct or indirect
relationship to, connection with, or interest in, the Debtors, or
for any other reason.

Houlihan Lokey can be reached at:

     David R. Hilty
     HOULIHAN LOKEY CAPITAL, INC.
     245 Park Avenue, 20th
     New York, NY 10167
     Tel: (212) 497-4100
     Fax: (212) 661-3070

                  About Seadrill Limited

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, Seadrill Limited and 85
affiliated debtors each filed a voluntary petition for relief under
Chapter 11 (Bankr. S.D. Tex. Lead Case No. 17-60079) on Sept. 12,
2017.

Together with the chapter 11 proceedings, Seadrill, North Atlantic
Drilling Limited ("NADL") and Sevan Drilling Limited ("Sevan")
commenced 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 serve 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.
PricewaterhouseCoopers LLP UK, as independent auditor. Prime Clerk
is the claims agent and maintains the Web site
https://cases.primeclerk.com/seadrill


SEADRILL LIMITED: Taps KPMG as Tax Consultant
---------------------------------------------
Seadrill Limited, and its debtor-affiliates seek authority from the
U.S. Bankruptcy Court for the Southern District of Texas to employ
KPMG LLP, as tax consultant to the Debtors.

Seadrill Limited requires KPMG LLP to provide these services:

   Tax Provision Services

     (a) assist in gathering necessary year-end tax and financial
         information and schedules;

     (b) assist in the identification and computation of
         temporary and permanent differences;

     (c) compute a preliminary income tax provision for Debtors'
         review and approval;

     (d) prepare income tax related balance sheet accounts and
         footnote disclosures for Debtors' review and approval;
         and

     (e) assist Debtors in their efforts to work with their
         independent auditors to draft income tax provision work
         papers.

   Tax Consulting Services

     (a) provide services with respect to such matters that may
         arise for which the Debtors' seek KPMG LLP's advice,
         both written and oral.

KPMG LLP will be paid at these hourly rates:

   Tax Provision Services

     Partners                     $625-$638
     Managing Directors           $575-$588
     Senior Managers              $537-$575
     Managers                     $437-$525
     Senior Associates            $375-$388
     Associates                   $225-$238
     Para-Professionals           $113-$175

   Tax Consulting Services

     Partners                     $813-$830
     Managing Directors           $748-$765
     Senior Managers              $700-$748
     Managers                     $570-$683
     Senior Associates            $488-$504
     Associates                   $293-$310
     Para-Professionals           $147-$228

KPMG LLP received a retainer in the amount of $400,000 on August
29, 2017, which will be applied to outstanding services incurred
prior to the Petition Date. During the 90-day period prior to the
Petition Date, KPMG LLP received $352,000, apart from the retainer,
from the Debtors for professional services performed and expenses
incurred.

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

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

KPMG LLP can be reached at:

     Alexander N. Hanhan
     KPMG LLP
     811 Main Street
     Houston, TX 77002
     Tel: (713) 319-2000
     Fax: (713) 319-2041

                  About Seadrill Limited

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, Seadrill Limited and 85
affiliated debtors each filed a voluntary petition for relief under
Chapter 11 (Bankr. S.D. Tex. Lead Case No. 17-60079) on Sept. 12,
2017.

Together with the chapter 11 proceedings, Seadrill, North Atlantic
Drilling Limited ("NADL") and Sevan Drilling Limited ("Sevan")
commenced 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 serve 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.
PricewaterhouseCoopers LLP UK, as independent auditor. Prime Clerk
is the claims agent and maintains the Web site
https://cases.primeclerk.com/seadrill


SEADRILL LIMITED: Taps PwC UK as Independent Auditor
----------------------------------------------------
Seadrill Limited, and its debtor-affiliates seek authority from the
U.S. Bankruptcy Court for the Southern District of Texas to employ
PricewaterhouseCoopers LLP UK, as independent auditor to the
Debtors.

Seadrill Limited requires PwC UK to:

   a. with respect to Debtor Seadrill Limited and Debtor North
      Atlantic Drilling Limited:

      i.   audit the consolidated financial statements of the
           Debtors at December 31, 2017 and for the year then
           ending, auditing the effectiveness of the Debtors'
           internal control over financial reporting as of
           December 31, 2017, and provide the Debtors with an
           integrated audit report related to those financial
           statements;

      ii.  conduct interim reviews for each of the first three
           quarterly periods in the year ending December 31,
           2017;

      iii. communicate with the audit committee and management
           about any matters that PwC UK believes may require
           material modifications to the quarterly financial
           information to make it conform with accounting
           principles generally accepted in the United States;

      iv.  examine evidence supporting the amounts and
           disclosures in the financial statements, assess
           accounting principles used and significant estimates
           made by management, and evaluate the overall financial
           statement presentation;

      v.   perform certain incremental audit and review
           procedures in connection with the Debtors' chapter 11
           cases, including, but not limited to, analyze the
           Debtors' identification of pre and postpetition
           liabilities, review the Debtors' consolidated
           financial statements and reorganization expenses,
           performing controls testing of new or modified
           controls established during the bankruptcy process,
           and provide general accounting advice regarding the
           adoption of the Debtor in possession accounting; and

   b. with respect to Debtor North Atlantic Drilling UK Ltd. and
      Debtor North Atlantic Support Services Limited:

      i.   statutory audit services for the financial year ending
           December 31, 2017 and subsequent years.

PwC UK will be paid at these hourly rates:

     Partners                               $956-$1,200
     Managing Directors                     $863
     Directors                              $776-$962
     Managers                               $604
     Senior Associates                      $479-$604
     Associates                             $200-$433
     Staffs                                 $130-$121

PwC UK received a retainer in the amount of GBP300,000 prior to
Petition Date. As of the Petition Date, PwC UK had GBP300,000
remaining on account of the retainer, and PwC UK will credit the
difference to the Debtors in future fee applications.

In the 90 days before the Petition Date, the Debtors paid PwC UK
GBP1,613,811 for fees, apart from the retainer and GBP16,807 for
reimbursement of expenses. As of the Petition Date, the Debtors
owed PwC UK GBP5,850 with respect to services provided by PwC UK
prior to the Petition Date.

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

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

PwC UK can be reached at:

     Miles Saunders
     PRICEWATERHOUSECOOPERS LLP UK
     1 Harefield Road
     Uxbridge, Middlesex, UB8 1EX
     United Kingdom
     Tel: 44 1895 522000
     Fax: 44 1895 522020

                  About Seadrill Limited

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, Seadrill Limited and 85
affiliated debtors each filed a voluntary petition for relief under
Chapter 11 (Bankr. S.D. Tex. Lead Case No. 17-60079) on Sept. 12,
2017.

Together with the chapter 11 proceedings, Seadrill, North Atlantic
Drilling Limited ("NADL") and Sevan Drilling Limited ("Sevan")
commenced 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 serve 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.
PricewaterhouseCoopers LLP UK, as independent auditor. Prime Clerk
is the claims agent and maintains the Web site
https://cases.primeclerk.com/seadrill


SEARS CANADA: To Choose Between Chairman's Bid and Liquidation
--------------------------------------------------------------
Andrew Scurria and Jacquie McNish, writing for The Wall Street
Journal Pro Bankruptcy, reported that Sears Canada Inc.'s top
executive is making a last-ditch attempt to keep the retailer alive
as its creditors press for an accelerated liquidation to settle its
debts.

According to the report, a special committee of the Sears Canada
board will decide this week on Executive Chairman Brandon Stranzl's
bid to purchase some of its stores out of bankruptcy as a going
concern, Orestes Pasparakis, Esq., a lawyer for the company's
bankruptcy monitor FTI Consulting Inc., said at a court hearing on
Oct. 4.

"We are near the end of the road. We have pushed the time limits,"
Mr. Pasparakis told the Ontario Superior Court of Justice, the
report related.

Troubled Company Reporter, citing the Journal, previously reported
that Sears Canada is on the verge of liquidation FTI proposed asset
sales that would undermine the chairman's pending bid to keep some
stores in
business.

According to the report, FTI, the monitor handling Sears Canada's
insolvency proceedings, plans to seek court approval to dispose of
11 stores through lease surrenders or outright sales.  Sears Canada
is under pressure from its bankruptcy lenders to close deals for
its assets and hold going-out-of-business sales at its remaining
locations, the Journal said, citing a report filed with the on the
Ontario Superior Court of Justice.

Mr. Stranzl has been racing to piece together his private
equity-backed proposal in the face of competing offers by landlords
and liquidators for the company's assets, the report said.  His bid
is designed to keep a slimmed-down version of Sears Canada
operating and save potentially thousands of jobs in the process,
the report added.

Still, Mr. Stranzl's offer depends on whether the special committee
thinks the remaining stores are worth more open or closed, the
report noted.  FTI rejected Mr. Stranzl's previous overtures over
concerns that his bid contained too many financial contingencies
and would provide lower recoveries to unsecured creditors compared
with a liquidation, the report said, citing an FTI report submitted
to the Ontario Superior Court of Justice.

                       About Sears Canada

Sears Canada Inc. is an independent Canadian digital and
store-based retailer and technology company whose head office is
based in Toronto.  Sears Canada's unique brand format offers
premium quality Sears Label products, designed and sourced by Sears
Canada, and of-the-moment fashion and home decor from designer
labels in The Cut @ Sears.  Sears Canada also has a top ranked
appliance and mattress business in Canada.  Sears Canada is
undergoing a reinvention, including new customer experiences at
every touchpoint, a new e-commerce platform, new store concepts,
and a new set of customer service principles designed to deliver
WOW experiences to customers.  Sears Canada operates as a separate
entity from its U.S.- based co-founder, now known as Sears Holdings
Corp., based in Illinois.

The Company's balance sheet as of April 29, 2017, showed total
assets of C$1.187 billion against total liabilities of C$1.107
billion.

Amid mounting losses and liquidity constraints Sears Canada and
certain of its subsidiaries on June 22, 2017, applied to the
Ontario Superior Court of Justice (Commercial List) for protection
under the Companies' Creditors Arrangement Act ("CCAA"), in order
to continue to restructure its business.

Sears Canada and its subsidiaries on June 22, 2017, were granted an
order (the "Initial Order") under the Companies' Creditors
Arrangement Act (the "CCAA").  Pursuant to the Initial Order, FTI
Consulting has been appointed Monitor.  Sears Canada and certain of
its subsidiaries have obtained orders from the Ontario Superior
Court of Justice (Commercial List) extending the stay period
provided by the Initial Order to Oct. 4, 2017, under the Companies'
Creditors Arrangement Act.

The Company has engaged BMO Capital Markets, as financial advisor,
and Osler, Hoskin & Harcourt LLP, as legal advisor.  The Board of
Directors and the Special Committee of the Board of Directors of
the Company has retained Bennett Jones LLP, as legal advisor.

FTI Consulting is the Court-appointed monitor.  The Monitor tapped
Norton Rose Fulbright Canada LLP as counsel.


SERENITY HOMECARE: Narvaez Buying 2014 Chevrolet Truck for $16K
---------------------------------------------------------------
Serenity Homecare, LLC, and its affiliates ask the U.S. Bankruptcy
Court for the Western District of Louisiana to authorize the sale
of Central Louisiana Home Healthcare, LLC's 2014 Chevrolet truck,
VIN 3GCPCRECOEG232100, to Edgar Federico Narvaez for $15,500.

Among the assets of the estate is the Truck registered to Central
Louisiana Home Healthcare and Thomas Cupples.

Wells Fargo Dealer Services holds a lien on the vehicle for
$17,822.  Moreover, the IRS has a general tax lien that may cover
this asset.

Central Louisiana Home Healthcare has obtained an offer to purchase
the vehicle for $15,500 from the Buyer, an individual with no
connection to its business or the estate.  The proposed purchase
price is substantially close to the pay-off amount owed by the
Debtor to Wells Fargo, and a sale would reduce the indebtedness
owed to the estate's creditors.

The Debtors propose that the liens of Wells Fargo Dealer Services
and the United States of America, Internal Revenue Service, be
referred to the proceeds and that the proceeds thereafter be
distributed unto Wells Fargo Dealer Services.

The Debtors would submit that the sale in the best interest of the
estate and its creditors.

The U.S. Trustee can be reached at:

          OFFICE OF THE UNITED STATES TRUSTEE
          300 Fannin Street, 3196 Federal Building
          Shreveport, LA 71101

Wells Fargo can be reached at:

          WELLS FARGO DEALER SERVICES
          P.O. Box 168048
          Irving, TX 75016-8048

The IRS can be reached at:

          INTERNAL REVENUE SERVICE
          Attn: District Counsel
          P.O. Box 30509
          New Orleans, LA 70190

                     About Serenity Homecare

Serenity Homecare, LLC, is a home health care service provider in
Alexandria, Louisiana.  Serenity Homecare and its affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. W.D. La.
Lead Case No. 17-80881) on Aug. 22, 2017.  Thomas E. Cupples, II,
its member and manager, signed the petitions.  Judge John W. Kolwe
presides over the cases.

Each of Serenity Homecare, Antigua Investments, Central Louisiana
Home, Cupples Holdings, Hospice Care of Avoyelles, Quality Home
Health I and Quality Home Health estimated under $50,000 in assets.
Serenity Homecare and Cupples Holdings estimated under $1 million
in liabilities.  Antigua Investments estimated $1 million to $10
million in liabilities.  Central Louisiana Home, Hospice Care of
Avoyelles and Quality Home Health I estimated under $500,000 in
liabilities.  Quality Home Health estimated under $100,000 in
liabilities.

The Debtors tapped Gold, Weems, Bruser, Sues & Rundell, in
Alexandria, Louisiana, as counsel.


SHADRACH MESHACH: Amends Plan to Provide More Info on Asset Sale
----------------------------------------------------------------
Shadrach, Meshach & Abednego, Inc., filed with the U.S. Bankruptcy
Court for the Northern District of Alabama a second amended
disclosure statement relating to their amended plan of liquidation,
dated Sept. 22, 2017, to provide additional information relating to
the sale of the Debtor's assets.

Roots Multiclean, Ltd., has agreed to purchase the Debtor's assets.
Roots is an Indian Company whose principal place of business
located at R.K.G. Industrial Estate, Ganapathy, Coimbatore 641 006
Tamilnadu, India. Roots is the largest manufacturer and exporter of
cleaning equipment in India.

In addition to the purchase price, Roots has allocated an
additional approximate sum of $325,000 to be used in negotiating
with creditors of the Debtors, which Roots, in its sole discretion,
deems is necessary to protect and maintain the goodwill of the
Debtor, which Roots is purchasing as part of the Assets. These
negotiations do not include the Debtor.

The closing of the Sale will occur on or before four weeks
following the Order confirming the Plan and approving the sale of
assets, provided that that Order is final and non-appealable.

Class 3 under the amended liquidation plan consists of the general
unsecured claims. The total amount of unsecured claims exceeds $2.1
Million Dollars. Holders of general unsecured claims without
priority which are Allowed Claims as determined on or before the
Effective Date of the Plan shall be paid on a pro rata basis from a
pool of funds created from the distribution of 5% of the proposed
Purchaser's pretax profit for a period of three years. In addition
to this amount, the pool will also consist of the collection of
accounts receivables which belong to the Debtor. This distribution
is estimated to be approximately $75,000. The Debtor believes that
a distribution to Allowed General Unsecured Creditors from this
pool of funds would result in an approximate distribution of 4 to
5% of the amount of each claim. This amount may increase depending
upon the disallowance of certain unsecured claims.

The proceeds of the Sale of the Assets will be the primary means of
funding for the Plan. The Plan Administrator will use the proceeds
from the Sale to the Allowed Claims for Administrative, Priority,
Secured and General Unsecured Creditors.

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

     http://bankrupt.com/misc/alnb17-81731-11-129.pdf

            About Shadrach, Meshach & Abednego

Formerly known as Victory Sweepers, Inc., Shadrach, Meshach &
Abednego, Inc., is an industrial vacuum equipment supplier in
Madison, Alabama.  Founded in 2006 by Mark Schwarze, the company is
primarily in the sweeper manufacturing business. Its first product,
introduced in 2007, was a twin-engine parking area sweeper dubbed
the 'Mark II.'

Shadrach, Meshach & Abednego sought Chapter 11 protection (Bankr.
N.D. Ala. Case No. 17-81731) on June 9, 2017, disclosing assets at
$984,170 and liabilities at $3.64 million.  The petition was signed
by Mark R. Schwarze, president.

Judge Clifton R. Jessup Jr. is assigned to the case.  Heard, Ary &
Dauro, LLC represents the Debtor as bankruptcy counsel.


SHADRACH MESHACH: Plan Outline Okayed, Plan Hearing on Nov. 3
-------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Alabama is
set to hold a hearing on Nov. 3 to consider approval of the Chapter
11 plan of liquidation for Shadrach, Meshach & Abednego, Inc.

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

The order, signed by Judge Clifton Jessup, Jr. on September 26, set
an Oct. 30 deadline for creditors to file their objections and cast
their votes accepting or rejecting the plan.

              About Shadrach, Meshach & Abednego

Formerly known as Victory Sweepers, Inc., Shadrach, Meshach &
Abednego, Inc., is an industrial vacuum equipment supplier in
Madison, Alabama.  Founded in 2006 by Mark Schwarze, the company is
primarily in the sweeper manufacturing business.  Its first
product, introduced in 2007, was a twin-engine parking area sweeper
dubbed the 'Mark II.'

Shadrach, Meshach & Abednego sought Chapter 11 protection (Bankr.
N.D. Ala. Case No. 17-81731) on June 9, 2017, disclosing assets at
$984,170 and liabilities at $3.64 million.  The petition was signed
by Mark R. Schwarze, president.

Judge Clifton R. Jessup Jr. is assigned to the case.  Heard, Ary &
Dauro, LLC represents the Debtor as bankruptcy counsel.


SOUTHWORTH COMPANY: Wants Authority to Use Cash Collateral
----------------------------------------------------------
Southworth Company asks the U.S. Bankruptcy Court for the District
of Massachusetts for authority to use the cash collateral in which
ACF Finco I, LP and Byline Bank may assert an interest.

Specifically, the Debtor proposes to use cash to enable it to: (i)
continue limited operations, (ii) compensate its employees for
prepetition and postpetition wages and benefits, purchase
materials, and (iii) pay other ongoing usual and necessary expenses
incurred in the operation of its business in accordance with its
budget.

The Budget provides total payroll and operating disbursements in
the aggregate amount of $687,493 for the month of October 2017 and
$255,276 for the month of November 2017.

The Debtor has finished goods and partially completed work in
process, having a value of $3,194,000.  The Debtor asserts that if
this will be completed and shipped, the value of this inventory
will be maximized.  As such, the Debtor plans to resume operations
on a limited basis for the purpose of shipping finished goods,
completing work in process and taking all other actions necessary
to maximize the value of its assets.

The Debtor is a party to a Loan Agreement with ACF Finco, providing
for a revolving line of credit and term loan.  The total amount
presently due to ACF Finco is approximately $1,083,926, which
includes a "last out" junior participation loan in the amount of
$200,000 advanced by John G. Leness, the father of the president of
the Debtor.

The ACF Loans are secured by: (a) a first priority security
interest in all of the personal property owned by the Debtor, (b) a
second priority mortgage on the real estate located at 265 Main
Street, Agawam, Massachusetts, and (c) a second priority mortgage
on the real estate located at 36 Canal Rd., Turners Falls,
Massachusetts.   

Pursuant to the ACF Loan Documents, the Debtor's receivables are to
be deposited to an account at BMO Harris Bank.  Accordingly, the
Debtor also asks the Court to require BMO Harris Bank to turnover
to the Debtor, upon receipt, all monies that it receives on account
of obligations due to the Debtor, and also to authorize account
debtors to pay their accounts directly to the Debtor.

The Debtor is also a party to a certain Term Loan Agreement, now
held by Byline Bank.  The amount presently due to Byline Bank on
account of the of the term note is approximately $2,233,315.  The
Byline Loan is secured by: (a) a first priority mortgage on the
real estate located at 265 Main Street, Agawam, Massachusetts, (b)
a first priority mortgage on the real estate located at 36 Canal
Rd., Turners Falls, Massachusetts, and (c) a second priority
security interest in all of the personal property owned by the
Debtor.

Based on the estimated value of the collateral securing the claims
of its Secured Creditors, the Debtor submits that ACF Finco and
Byline Bank enjoy a substantial equity cushion equating to adequate
protection of their respective positions to which they entitled
under the Bankruptcy Code.

Nevertheless, the Debtor proposes to grant ACF Finco and Byline
Bank replacement liens in all postpetition property of the Debtor,
of the same nature and to the same extent as the liens existing as
of the Petition Date, subject only to the extent that such
prepetition liens are valid, enforceable and non-avoidable.

A full-text copy of the Debtor's Motion, dated Sept. 28, 2017, is
available at https://is.gd/yZHbyE

                    About Southworth Company

Southworth Company is a privately owned Massachusetts Corporation
organized in 1839 and headquartered in Agawam, Massachusetts.  In
2006, Southworth acquired the Esleeck Paper Company in Turners
Falls where it operates as Turners Falls Paper Company.  The
Madison Park Group, a greeting card and gift company based in
Seattle, Washington, was acquired in 2012 and operates as a
division of the Debtor.

Southworth has recently employed approximately 100 employees and
has been engaged in the manufacture of specialty papers for baking
and health care applications, envelopes and office paper, as well
as greeting cards and gifts.

Southworth Company filed a Chapter 11 petition (Bankr. D. Mass.
Case No. 17-30817) on Sept. 27, 2017.  The petition was signed by
John S. Leness, president.

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

Judge Elizabeth D. Katz presides over the case.

The Debtor is represented by Joseph B. Collins, Esq. at Hendel &
Collins, P.C.


SUCCESS INC: Has Final OK To Use Cash Collateral Through Oct. 31
----------------------------------------------------------------
The Hon. Ann M. Nevins of the U.S. Bankruptcy Court for the
District of Connecticut has entered a stipulated final order
authorizing Success, Inc., to use cash collateral of AS Peleus LLC
through Oct. 31, 2017, a variance of 10% permitted.

In exchange for the use of cash collateral by the Debtor, and as
adequate protection for Secured Creditor's interests, (i) the
Secured Creditor is granted replacement and/or substitute liens in
postpetition cash collateral.  The replacement liens will have the
same validity, extent, and priority that the Secured Creditor
possessed as to the liens on the Petition Date.

By Oct. 1, 2017, the Secured Lender is authorized and directed to
pay, out of the Remaining Escrow Funds, the Town of Stratford the
sum of $5,786.23, and the Town of Stratford will apply those funds
towards the unpaid prepetition taxes.

A copy of the final court order is available at:

           http://bankrupt.com/misc/ctb16-50884-263.pdf

As reported by the Troubled Company Reporter on Aug. 2, 2017, the
Court entered a seventh interim order authorizing the Debtor to use
cash collateral of AS Peleus LLC from July 1, 2017, through Oct.
30, 2017.

                       About Success Inc.

Success, Inc., was incorporated on April 24, 1996, for the purpose
of acquiring and managing real estate properties, both with
existing buildings on them as well as vacant properties,
residential as well as commercial.  It currently owns four parcels
of real property in Connecticut.  Two of these properties are
single family residential units, one is a commercial property and
one is a vacant parcel of land.

Success, Inc., filed a Chapter 11 petition (Bankr. D. Conn. Case
No. 16-50884) on July 1, 2016.  The petition was signed by Gus
Curcio, Sr., president.  The Debtor is represented by Douglas S.
Skalka, Esq., at Neubert, Pepe, and Monteith, P.C.  The case is
assigned to Judge Julie A. Manning.  The Debtor estimated assets
and debt at $1 million to $10 million at the time of the filing.

No unsecured creditors' committee, trustee or examiner has been
appointed.

On Nov. 21, 2016, the Debtor filed a proposed Chapter 11 plan of
reorganization and disclosure statement.


SUNEDISON INC: Court Approves Transition Deals with TERP, GLBL
--------------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court approved
SunEdison Inc.'s motion for an order authorizing entry into
transition services agreements between (1) SUNE and Terraform Power
(TERP) and (2) SUNE and TerraForm Global (GLBL).

BankruptcyData previously reported, "The Debtors have determined
that entry into the Transition Services Agreements with TERP and
GLBL makes good business sense and is in the best interest of their
estates and creditors.  As memorialized in the Settlement
Agreements, the Transition Services to be provided pursuant to the
Transition Services Agreements are essential to the parties'
ability to effectuate and realize the full benefit of the deal the
parties struck with respect to the Settlement Agreements and the
Merger Transactions.  Moreover, the Yieldcos would likely not have
agreed to enter into the Settlement Agreements absent the assurance
that the Debtors would negotiate in good faith to enter into the
Transition Services Agreements.  The Transition Services to be
provided by the Debtors are comprised of (i) certain services that
the Debtors have historically provided and the Yieldcos require
facilitation and transition to provide for themselves, and (ii)
certain services, such as tax and accounting services, that are
currently shared between the Debtors and the Yieldcos.  With
respect to the non-shared Transition Services, if the Debtors did
not provide such services to the Yieldcos, then the Yieldcos
believe that their operations could be impacted.  Given the
Debtors' significant ownership stake in the Yieldcos, it is
critical that the Debtors continue to provide such services, as
reasonably compensated by the applicable Yieldco, until the
Yieldcos are able to stand alone to ensure that the Debtors'
estates are not adversely impacted."

                     About SunEdison, Inc.

SunEdison, Inc. (OTC PINK: SUNEQ), is a developer and seller of
photovoltaic energy solutions, an owner and operator of clean power
generation assets, and a global leader in the development,
manufacture and sale of silicon wafers to the semiconductor
industry.

On April 21, 2016, SunEdison, Inc., and 25 of its affiliates each
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos.
16-10991 to 16-11017).  Martin H. Truong, the senior vice
president, general counsel and secretary, signed the petitions.

The Debtors disclosed total assets of $20.7 billion and total debt
of $16.1 billion as of Sept. 30, 2015.

The Debtors have hired Skadden, Arps, Slate, Meagher & Flom LLP as
counsel, Togut, Segal & Segal LLP as conflicts counsel, Rothschild
Inc. as investment banker and financial advisor, McKinsey Recovery
& Transformation Services U.S., LLC, as restructuring advisors and
Prime Clerk LLC as claims and noticing agent.  The Debtors employed
PricewaterhouseCoopers LLP as financial advisors; and KPMG LLP as
their auditor and tax consultant.

SunEdison also tapped Eversheds LLP as its special counsel for
Great Britain and the Middle East.  Cohen & Gresser LLP has also
been retained as special counsel.

The Debtors tapped Ernst & Young LLP to provide tax-related
services.  Keen-Summit Capital Partners LLC has been hired as real
estate advisor.  Binswanger of Texas, Inc. also has been retained
as real estate agent.

Sullivan & Cromwell LLP serves as counsel to TerraForm Power, Inc.,
and TerraForm Global, Inc.

An official committee of unsecured creditors has been appointed in
the case.  The Committee tapped Weil, Gotshal & Manges LLP as its
general bankruptcy counsel and Morrison & Foerster LLP as special
counsel.  Togut, Segal & Segal LLP and Kobre & Kim LLP serve as
conflicts counsel.  Alvarez & Marsal North America, LLC, serves as
the Committee's financial advisors.

Counsel to the administrative agent under the Debtors' prepetition
first lien credit agreement are Richard Levy, Esq., and Brad
Kotler, Esq., at Latham & Watkins.

Counsel to the administrative agent under the postpetition DIP
financing facility are Scott Greissman, Esq., and Elizabeth Feld,
Esq., at White & Case LLP.

Counsel to the Tranche B Lenders (as defined in the DIP credit
agreement) and the steering committee of the second lien creditors
are Arik Preis, Esq., and Naomi Moss, Esq., at Akin Gump Strauss
Hauer & Field, LLP.

Counsel to the administrative agent under the Debtors' prepetition
second lien credit agreement is Daniel S. Brown, Esq., at Pillsbury
Winthrop Shaw Pittman LLP.

The collateral trustee under the Debtors' prepetition second lien
credit agreement and the indenture trustee under each of the
Debtors' outstanding bond issuances, is represented by Marie C.
Pollio, Esq., at Shipman & Goodwin LLP.

Counsel to the ad hoc group of certain holders of the Debtors'
convertible senior notes is White & Case LLP's Tom Lauria, Esq.

                          *    *    *

On March 28, 2017, the Debtors filed their Plan of Reorganization
and related Disclosure Statement.


SUNVALLEY SOLAR: Board Okays 2017 Equity Incentive Plan
-------------------------------------------------------
Sunvalley Solar, Inc.'s Board of Directors approved the Sunvalley
Solar, Inc. 2017 Equity Incentive Plan.  The purpose of the Plan is
to provide a means for the Company to continue to attract, motivate
and retain management, key employees, consultants and other
independent contractors, and to provide these individuals with
greater incentive for their service to the Company by linking their
interests in the Company's success with those of the Company and
its shareholders.  The Plan provides that up to a maximum of
10,000,000 shares of the Company's common stock (subject to
adjustment) are available for issuance under the Plan.

                     About Sunvalley Solar

Sunvalley Solar, Inc., is a California-based solar power technology
and system integration company.  Since the inception of its
business in 2007, the company has focused on developing its
expertise and proprietary technology to install residential,
commercial and governmental solar power systems.

Sunvalley Solar reported a net loss of $999,000 on $8.49 million of
revenue for the year ended Dec. 31, 2016, compared to net income of
$195,800 on $5.78 million of revenue for the year ended Dec. 31,
2015.  As of June 30, 2017, Sunvalley Solar had $5.69 million in
total assets, $4.68 million in total liabilities and $1.01 million
in total stockholders' equity.

Sadler, Gibb & Associates, LLC, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2016.  The Company has suffered net losses and has
accumulated a significant deficit.  The auditors said these factors
raise substantial doubt about the Company's ability to continue as
a going concern.


SUNVALLEY SOLAR: Henry Yu Quits from Board of Directors
-------------------------------------------------------
Henry Yu resigned from Sunvalley Solar, Inc.'s Board of Directors
effective Aug. 31, 2017.  According to the Company, there were no
known disagreements with Mr. Yu regarding its operations, policies,
or practices.  Also effective Aug. 31, 2017, William Hsien, the CEO
of the Company's subsidiary Sunvalley Solar Tech, Inc., was
appointed to the Board of Directors.  On Oct. 2, 2017, Xueze Zheng
was appointed to the Company's Board of Directors.

William Hsien, the Company's newly-appointed director, serves as
the CEO and a director of the Company's subsidiary Sunvalley Solar
Tech, Inc.  Mr. Hsien graduated from the University of California
Berkeley with Bachelor of Art in Architecture.  He has worked in
design and construction over 15 years.  With his architectural and
design-build construction background, Mr. Hsien is able to run a
very efficient design and construction team at Sunvalley Solar Tech
Inc., providing turn-key solutions and project management in the
solar industry.  Mr. Hsien has been in charge of the engineering
department and construction at Sunvalley over the past 8 years,
helping Sunvalley to become famous for fast turnaround time and
quality craftsmanship and installation of solar systems through its
in-house engineering design team and construction crew.

Xueze Zheng, the Company's newly-appointed director, received a
Ph.D. degree in optical instruments from Tsinghua University.  He
is currently a director of Advanced Photonics at Wave-2-Wave, and
an Advisory Board Member of Axalume Inc.  He worked for Oracle
formerly as a Photonics Director, Sun Microsystems as a senior
staff engineer and Calient Networks Incorporated as a manager of
optical engineering.  Dr. Zheng is a well-recognized expert in
Optic components, Opto-electronic integration, Silicon photonics
and solar technology.  Dr. Zheng is a senior member of IEEE and a
Fellow of the Optical Society of America (OSA).  He has authored or
coauthored more than 200 papers in technical journals and
conferences and holds 97 U.S. patents.

The Company said it has not entered into any fixed compensation
arrangements with Mr. Hsien or Mr. Zheng for their service as
members of the Board of Directors.  Mr. Hsien's compensation for
his service as CEO of Sunvalley Solar Tech, Inc. is disclosed in
our Annual Report on Form 10-K filed April 17, 2017.  With the
exception of Mr. Hsien's compensation for his service as CEO of
Sunvalley Solar Tech, Inc., its newly-appointed directors have not
had any material direct or indirect interest in any of the
Company's transactions or proposed transactions over the last two
years.  

                     About Sunvalley Solar

Sunvalley Solar, Inc., is a California-based solar power technology
and system integration company.  Since the inception of its
business in 2007, the company has focused on developing its
expertise and proprietary technology to install residential,
commercial and governmental solar power systems.

Sunvalley Solar reported a net loss of $999,118 on $8.49 million of
revenue for the year ended Dec. 31, 2016, compared to net income of
$195,811 on $5.78 million of revenue for the year ended Dec. 31,
2015.  As of June 30, 2017, Sunvalley Solar had $5.69 million in
total assets, $4.68 million in total liabilities and $1.01 million
in total stockholders' equity.

Sadler, Gibb & Associates, LLC, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2016.  The Company has suffered net losses and has
accumulated a significant deficit.  The auditors said these factors
raise substantial doubt about the Company's ability to continue as
a going concern.


TAKATA CORP: Says on Track to Meet Feb. 2018 Deadline to Close Sale
-------------------------------------------------------------------
Peg Brickley, writing for The Wall Street Journal Pro Bankruptcy,
reported that Takata Corp. told a judge that it has ironed out the
final details of the $1.6 billion sale of the bulk of its business
to Key Safety Systems Inc.

According to the report, the Japanese company is selling its
business to Michigan-based Key amid a recall of defective air bags
that was the largest in U.S. automotive history.  The Takata-made
air bags are prone to rupture, sending shrapnel flying around
vehicle interiors, sometimes with deadly effect, the report
related.  The sale was announced earlier this year, but final deal
documents have yet to be signed, a factor that worried creditors in
Takata's U.S. bankruptcy, the report further related.

Speaking at a hearing in the chapter 11 proceeding of the Japanese
company's U.S. units, Marcia Goldstein, Esq., a lawyer for Takata
U.S., offered assurances Takata is on track to meet a February 2018
deadline to close the sale, the report said.

"The negotiations are completed,” Ms. Goldstein said at the start
of a hearing in the bankruptcy court where Takata’s U.S. unit is
implementing part of the strategy to address the defective
product’s fallout. At least 17 law firms around the world still
have to check deal documents in a “technical review” of the
complex transaction, a bargain struck as Takata cast about for
answers to its mounting legal issues, Ms. Goldstein told Judge
Brendan Shannon.

She said that Takata is on track to meet a February 2018 deadline
to close the sale, and come up with $850 million owed on a
settlement with the U.S. Justice Department over its defective air
bags.

In addition to the U.S. criminal investigation, Takata is facing
massive damage claims in the U.S. and other countries, including
claims from the major car makers, who were sued along with Takata
in many cases.

In recent days, Takata U.S. and Key came to agreement about one of
the complications that was holding up the deal documentation—the
reach of a noticing campaign—which was approved Monday. Takata
will pay more than $34 million for a postcard mailing, social media
and advertising campaign designed to alert an estimated 83 million
people their rights could be affected by the bankruptcy.

Federal bankruptcy watchdogs criticized Takata’s notice program,
on the grounds the standard mail notices aren’t authorized. A
lawyer for the U.S. Virgin Islands, one of the areas where weather
conditions amplify the air-bag defects, said mail delivery is
chancy at the best of times. After two hurricanes raked the
islands, Takata’s proposed postcard campaign will be unlikely to
reach many people, she said.

Key, which is buying Takata businesses that weren’t involved in
making the defective products, doesn’t want even a remote chance
it will inherit any liability. Under U.S. bankruptcy law, Takata
needs to give widespread notice, if it wants widespread relief from
litigation.

Car makers have been financing the recall effort, as well as Takata
U.S.’s bankruptcy. The manufacturers are also lawsuit targets,
defending against accusations they knew the Takata-made air bags
were dangerous.

                     About Takata Corp

Japan-based Takata Corporation (TYO:7312) --
http://www.takata.com/en/-- develops, manufactures and sells   
safety products for automobiles.  The Company offers seatbelts,
airbags, steering wheels, child seats and trim parts.

Headquartered in Tokyo, Japan, Takata operates 56 plants in 20
countries with approximately 46,000 global employees worldwide.
The Company has subsidiaries located in Japan, the United States,
Brazil, Germany, Thailand, Philippines, Romania, Singapore, Korea,
China and other countries.

Takata Corp. filed for bankruptcy protection in Tokyo and the U.S.,
amid recall costs and lawsuits over its defective airbags.  Takata
and its Japanese subsidiaries commenced proceedings under the Civil
Rehabilitation Act in Japan in the Tokyo District Court on June 25,
2017.

Takata's main U.S. subsidiary TK Holdings Inc. and 11 of its U.S.
and Mexican affiliates each filed voluntary petitions under Chapter
11 of the U.S. Bankruptcy Code (Bankr. D. Del. Lead Case No.
17-11375) on June 25, 2017.  Together with the bankruptcy filings,
Takata announced it has reached a deal to sell all its global
assets and operations to Key Safety Systems (KSS) for US$1.588
billion.

Nagashima Ohno & Tsunematsu is Takata's counsel in the Japanese
proceedings.  Weil, Gotshal & Manges LLP and Richards, Layton &
Finger, P.A., are serving as counsel in the U.S. cases.
PricewaterhouseCoopers is serving as financial advisor, and Lazard
is serving as investment banker to Takata.  Ernst & Young LLP is
tax advisor.  Prime Clerk is the claims and noticing agent.

Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal
counsel, KPMG is serving as financial advisor, Jefferies LLC is
acting as lead financial advisor.  UBS Investment Bank also
provides financial advice to KSS.

On June 28, 2017, TK Holdings, as the foreign representative of the
Chapter 11 Debtors, obtained an order of the Ontario Superior Court
of Justice (Commercial List) granting, among other things, a stay
of proceedings against the Chapter 11 Debtors pursuant to Part IV
of the Companies' Creditors Arrangement Act.  The Canadian Court
appointed FTI Consulting Canada Inc. as information officer.  TK
Holdings, as the foreign representative, is represented by McCarthy
Tetrault LLP.

The U.S. Trustee has appointed an Official Committee of Unsecured
Trade Creditors and a separate Official Committee of Tort
Claimants.

The Official Committee of Unsecured Creditors has selected
Christopher M. Samis, Esq., L. Katherine Good, Esq., and Kevin F.
Shaw, Esq., at Whiteford, Taylor & Preston LLC, in Wilmington,
Delaware; Dennis F. Dunne, Esq., Abhilash M. Raval, Esq., and Tyson
Lomazow, Esq., at Milbank Tweed Hadley & McCloy LLP, in New York;
and Andrew M. Leblanc, Esq., at Milbank, Tweed, Hadley & McCloy
LLP, in Washington, D.C., as its bankruptcy counsel.  The Committee
has also tapped Chuo Sogo Law Office PC as Japan counsel.

The Official Committee of Tort Claimants selected Pachulski Stang
Ziehl & Jones LLP as counsel.  Gilbert
LLP will evaluate of the insurance policies.  Sakura Kyodo Law
Offices will serve as special counsel.

Roger Frankel, the proposed legal representative for future
personal injury claimants of TK Holdings Inc., et al., tapped
Frankel Wyron LLP and Ashby & Geddes PA to serve as co-counsel.

                         Chapter 15 Cases

Takata Corporation ("TKJP") and affiliates Takata Kyushu
Corporation and Takata Services Corporation commenced Chapter 15
cases (Bankr. D. Del. Case Nos. 17-11713 to 17-11715) on Aug. 9,
2017, to seek U.S. recognition of the civil rehabilitation
proceedings in Japan.  The Hon. Brendan Linehan Shannon oversees
the Chapter 15 cases.  Young, Conaway, Stargatt & Taylor, LLP,
serves as Takata's counsel in the Chapter 15 cases.


THERMAGEM LLC: Mercantil Seeks Appointment of Chapter 11 Trustee
----------------------------------------------------------------
Secured Creditor Mercantil Bank N.A. asks the U.S. Bankruptcy Court
for the Southern District of Florida to direct the appointment of a
Chapter 11 Trustee in the case of Thermagem LLC, or alternatively,
to enter an order converting the case to Chapter 7 or dismissing
the case.

Mercantil asserts that there has been fraud, dishonesty,
incompetence, or gross mismanagement of the affairs of the Debtor
Thermagem conducted through its principal Eran Brosh, including
with the conspiracy and collaboration of his brother Udi Brosh
through Valor 26 LLC. At a minimum, there has been incompetence and
gross mismanagement. Debtor Thermagem claims to have "sold" off its
best inventory, to Valor 26 LLC, a brand new company almost
assuredly formed just to be a front for squandering the best
inventory of the Debtor Thermagem, and the Debtor has not collected
or even sought collection any of the supposed corresponding
Accounts Receivables.

Those supposed "sales" are clearly paper fabrications, being
fraudulent attempts to avoid the rights of secured creditor
Mercantil Bank after Loan default. It is unknown as to whether
Debtor Thermagem's inventory including its inventory supposedly
"sold" to Valor 26 LLC is insured, it is unknown whether any
inventory supposedly "sold" to Valor 26 LLC has been ostensibly
resold, and it is unknown whether Valor 26 LLC is current with its
leasehold obligations.

A Chapter 11 Trustee must be appointed over the Debtor Thermagem,
to secure, manage and liquidate the assets of the Debtor Thermagem
including any inventory supposedly "sold" to Valor 26 LLC, and to
prosecute avoidance or other claims against Eran Brosh as the
Debtor's principal, and against Valor 26 LLC and its principal Udi
Brosh, the brother of Eran Brosh.

Alternatively, the Court should convert the case to Chapter 7,
where like here it is in the best interests of the creditors.
Dismissal or conversion of Chapter 11 cases is governed by Section
1112(b), which provides that a Bankruptcy court shall convert or
dismiss a case, whichever is in the best interests of creditors and
the estate if the movant establishes cause.

Attorney for Mercantil Bank, N.A.:
    
     William M. Tuttle, II, Esq.
     700 South Dixie Highway, Suite #200
     Coral Gables, Florida 33146
     Phone: (305) 375-8181
     Fax: (305) 375-8186
     Primary E-mail: wmtuttle@bellsouth.net
     Secondary E-mail: didisilva@bellsouth.net

                About Thermagem LLC

Based in Miami, Florida, Thermagem LLC filed a Chapter 11 petition
(Bankr. S.D. Fla. Case no. 17-18531) on July 6, 2017.  The petition
was signed by Eran Brosh, president and managing member.  The case
is assigned to Judge Jay A. Cristol.  Stephen C. Breuer, Esq., at


TRANSOCEAN INC: Moody's Rates Proposed $750MM Sr. Unsec. Notes B1
-----------------------------------------------------------------
Moody's Investors Service assigned a B1 rating to Transocean Inc.'s
proposed offering of $750 million senior unsecured notes due 2026.
The proposed senior notes will be unsecured but will be guaranteed
by certain Transocean subsidiaries and its parent company,
Transocean Ltd. The proceeds from the proposed offering will be
used to retire the company's 2017 senior unsecured notes and repay
all 2018 maturities. The residual amount will be used for general
corporate purposes which may include the funding of the cash
portion of the company's acquisition of Songa Offshore SE
(unrated), expected to close in the fourth quarter. All other
ratings for the company, including its B2 Corporate Family Rating
(CFR), remain unchanged. The outlook remains negative.

"The new notes issuance is largely debt-neutral by refinancing
Transocean's current debt maturities while protecting its very good
liquidity position," commented Sreedhar Kona, Moody's Vice
President. "However, continued issuances of priority guaranteed
notes is likely to exert downward pressure on the company's other
guaranteed and non-guaranteed notes over time."

Assignments:

Issuer: Transocean Inc.

-- Senior Unsecured Regular Bond/Debenture, Assigned B1 (LGD 3)

RATINGS RATIONALE

The B1 rating on Transocean's $750 million senior notes due 2026 is
one notch higher than the B2 CFR, reflecting the notes'
structurally superior position in Transocean's capital structure
relative to the remaining senior notes and unsecured revolving
credit facility. The 2026 notes are guaranteed by intermediate
holding company subsidiaries, effectively giving these notes, along
with the company's 2023 notes of the same structure, a priority
claim to the assets held by Transocean's operating and other
subsidiaries.

Transocean's remaining senior notes are rated Caa1, or two notches
below the B2 CFR, reflecting their lack of security or subsidiary
guarantees. As a result, these notes' claim to the assets held by
Transocean's operating and other subsidiaries will be subordinate
to the 2023 and new 2026 notes. Given the potential for the
revolver to become pari passu with the 2023 and new 2026 notes or
even be secured in the future, as well as the potential for
additional secured debt issuances, Moody's believes the B1 and Caa1
ratings on Transocean's unsecured notes are more appropriate than
what is suggested by Moody's Loss Given Default methodology.

Transocean's B2 Corporate Family Rating (CFR) reflects Moody's
expectation that the company's financial leverage will rise
substantially in 2018 based on runoff of premium-priced contracts
and Moody's outlook for very weak dayrates and stagnant rig
utilization through at least 2018. The company has more new rig
construction commitments than its rated peers; of the four rigs
Transocean has under construction, two are being delivered to
ten-year contracts. The remaining two rigs are currently scheduled
for delivery in 2020 and are currently uncontracted . The B2 rating
is supported by the company's industry-leading $10.2 billion
revenue backlog as of July 25, 2017 and proactive measures it has
taken to reduce operating costs, address debt maturities and
enhance operational utilization for its active rigs. The rating
also benefits from Transocean's very good liquidity and a fleet
that makes it the largest participant in the deepwater drilling
market.

The outlook is negative, reflecting Moody's concerns that
meaningful and sustained offshore drilling recovery, particularly
in the deepwater, could lag into 2019. The ratings could be
downgraded if it appears Debt/EBITDA will not fall below 8x in 2019
or EBITDA/Interest coverage approaches 1.5x. A material loss of
backlog could also pressure the ratings. An upgrade is unlikely
given Moody's expectations for rising financial leverage and weak
industry conditions over the next few years. If Transocean's
Debt/EBITDA is sustained below 6x beyond 2018 in an improving
offshore drilling market while maintaining at least adequate
liquidity, including extending its credit facility such that the
2020 maturity and capital spending are covered while maintaining
sufficient excess capacity, an upgrade could be considered.

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

Transocean Inc. is a wholly-owned subsidiary of Transocean Ltd., a
leading international offshore drilling contractor operating in
every major offshore producing basin around the world.


TRANSOCEAN INC: S&P Cut Corp Credit Rating to B, Outlook Negative
-----------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on offshore
contract drilling company Transocean Inc. to 'B' from 'B+'. The
outlook is negative.

S&P said, "At the same time, we assigned a 'B+' issue-level rating
to the company's proposed priority guaranteed notes due 2026. The
recovery rating is '2', indicating our expectation of substantial
(70%-90%; rounded estimate: 85%) recovery to creditors in the event
of default.

"In addition, we lowered the issue-level rating on the company's
secured debt to 'BB-' from 'BB'. The recovery rating on the debt
remains '1', indicating our expectation of very high (90%-100%;
rounded estimate: 90% and 95%) recovery.

"We also lowered our issue-level rating on the company's senior
unsecured debt without subsidiary guarantees to 'B' from 'BB-'. We
revised our recovery rating on the debt to '4' from '3', reflecting
our expectation of average (30%-50%; rounded estimate: 40%)
recovery in the event of default. We lowered the issue-level rating
on Transocean's senior unsecured debt with subsidiary guarantees to
'B+' from 'BB-'. The recovery rating on this debt remains '2',
reflecting our expectation of substantial (70%-90%; rounded
estimate: 85%) recovery in the event of default.

"In addition, we lowered our issue-level rating on subsidiary
Global Marine Inc.'s senior unsecured debt to 'CCC+' from 'B-'. The
recovery rating remains '6', reflecting our expectation of
negligible (0%-10%; rounded estimate: 5%) recovery in the event of
default.

"The downgrades reflect our view that demand for offshore contract
drilling services will remain depressed through 2019 and that
Transocean's costs will be higher than we previously assumed over
the next two years, resulting in higher projected debt leverage.
The negative outlook reflects our view that unless the market
recovers earlier than we expect or Transocean takes steps to reduce
total debt, the company's credit measures will weaken through 2019
as contract backlog rolls off.

"We could lower the ratings again if we expect Transocean's
leverage to reach unsustainable levels or if the company's fleet
contracted to a point that we viewed it as a competitive
disadvantage. This would most likely occur if we no longer
anticipate a recovery in demand for offshore drilling services
after 2019. We could also consider another downgrade if the
company's liquidity deteriorated, which could occur if it were to
reduce the size of its credit facility substantially or was unable
to refinance debt.

"We could revise the outlook to stable if we expected Transocean's
leverage to improve such that it maintains FFO to debt closer to
12% for a sustained period, which would most likely occur if the
company were able to re-contract rigs as backlog rolls off, in
conjunction with an industry recovery."


UNI-PIXEL INC: Future Tech Buying All Assets for $1.5 Million
-------------------------------------------------------------
Uni-Pixel, Inc., and Uni-Pixel Displays, Inc., ask the U.S.
Bankruptcy Court for the Northern District of California to
authorize the sale of all assets to Future Tech Capital, LLC, for
$1,500,000, subject to overbid.

A hearing on the Motion is set for Nov. 2, 2017 at 1:30 p.m.

The Debtors have 16 issued patents and 58 patent applications
covering key technology.  They also have licenses from Microchip
Technology Inc. and and CIT Technology Ltd. for additional
technology under 44 issued patents and 93 patent applications
belonging to CIT and Microchip.

Their agreements with Microchip and CIT relate to the Uni-Pixel's
XTouch brand products.  Generally, the Debtors entered into two
agreements with each of CIT and Microchip's predecessor, Atmel
Corp.: the Atmel Patent License Agreement; the Atmel IP License
Agreement; the CIT Patent License Agreement; and the CIT IP License
Agreement.  The initial term for all of the agreements is five
years, expiring in April 2020.  Uni-Pixel has the unilateral right
to renew the licenses for a term of 10 years.  The minimum annual
royalties under both Patent License Agreements have been pre-paid
through February 2018.

At the same time that Uni-Pixel acquired intellectual property and
patents from Amtel, on April 16, 2015, it also acquired from Amtel
various equipment and facilities necessary to manufacture the touch
sensors.  In addition to equipment owned by Uni-Pixel, the Debtors
also lease certain equipment from Boston Financial & Equity Corp.
and from International Financial Services Corp.

Uni-Pixel's primary secured debt is on a revolving line of credit
from Western Alliance Bank through its Bridge Bank division.  On
Oct. 24, 2016, the Debtors entered into a Loan and Security
Agreement with Bridge Bank for Credit Line.  The Credit Line is for
a two-year term ending on Oct. 18, 2018.  Uni-Pixel is permitted to
borrow up to $2.5 million on a revolving basis based on a
percentage of eligible export-related accounts.

Total borrowing under the line may not exceed 90% of eligible
export related accounts.  Borrowings under the line bear interest
at the prime rate plus 1.25%.  The Debtors' obligations under the
Credit Line appear to be secured by all of the assets of the
Debtors, including intellectual property.  The Export Import Bank
of the United States ("EXIM") provides credit support under the
Loan Agreement, essentially guaranteeing the Debtors' obligations
to Bridge Bank and permitting EXIM to assume all rights and
remedies of the Bank under the Loan Agreement in the event that
EXIM pays any guaranty claim to the Bank.

On Aug. 22, 2017, Bridge Bank notified Uni-Pixel that it was in
default under the Credit Line, and the Bank was, among other
things: (i) invoking the default rate (Prime plus 6.25%); (ii)
declaring all obligations immediately due and payable; (iii)
cutting off further advances under the Credit Line; (iv) setting
off and applying to their obligations all balances and deposits
held by the bank; and (v) canceling all corporate credit cards.  
The Debtors' outstanding obligations under the Credit Line as of
Sept. 12, 2017, are approximately $638,425, based on a letter from
Bridge Bank's counsel.

In November 2013, Uni-Pixel cooperated with the SEC regarding a
non-public fact-finding inquiry that resulted in the SEC filing a
complaint in March 2016 against Uni-Pixel and two former
executives, Reed Killion (CEO) and Jeffrey Tomz (CFO).  Without
admitting or denying the allegations in the complaint, Uni-Pixel,
Inc. consented on the same day that the complaint was filed to
entry of a final judgment that provided for, among other things, a
civil penalty in the amount of $750,000 (of which $505,000 remains
outstanding as of the Petition Date).

Uni-Pixel, or its insurance company, has advanced as agreed all
invoices for all years through the end of 2015 for the defense of
the two former officers in the SEC's investigation that resulted in
the SEC filing the complaint against them.  A portion of
advancements for 2016 invoices have also been made, but Uni-Pixel
disputed other 2016 invoices as containing expenses that were not
reasonably incurred by the two former officers in defense of the
SEC's complaint.  The total amount incurred in 2016 and initially
disputed by Uni-Pixel was $147,750.

In October 2016, the Delaware Chancery Court appointed a former
Vice Chancellor of the Chancery Court to act as a Special Master to
determine whether expenses were reasonably incurred, to the extent
that Uni-Pixel, Inc. and the two former officers were not capable
of resolving the dispute without the assistance of the judicial
process.  In May 2017, the Special Master determined that it was
reasonable for Uni-Pixel to advance $95,749 of the disputed fees
from 2016.

In addition, on Aug. 28, 2017, the Delaware Chancery Court entered
an order requiring Uni-Pixel to advance defense costs to the former
executives for their ongoing litigation with the SEC, in the amount
of $1,404,599, which constitutes the amount for 2016 determined by
the Special Master to be reasonable, plus all amounts incurred in
2017 prior to the Petition Date that Uni-Pixel had not disputed as
unreasonable.  The Delaware Chancery Court did not concurrently
appoint a limited receiver.

Thereafter, the Debtors' secured lender swept their bank accounts.
Thus, the Debtors had no cash and could not retain their employees
when there was no reasonable expectation that the Debtors would be
able to pay those employees.  They filed voluntary petitions for
relief under the Bankruptcy Code on Aug. 30, 2017.

Uni-Pixel believes a prompt sale of the assets is in the best
interests of its creditors.  Because Bridge Bank's enforcement of
its remedies left Uni-Pixel without any cash to operate, and forced
an immediate lay-off of all employees, reorganization is simply not
feasible.  Without cash for even minimal operations, and given the
ongoing accrual of administrative rent obligations for the
manufacturing facility, the Debtors have been under extraordinary
time pressure to reach agreement on terms for a sale, liquidate
assets through an auction, or convert to Chapter 7.

The Debtors have been aggressively pursuing a sale of all of their
assets.  The assets can be grouped into two categories: the
patents, intellectual property and equipment related to the
manufacture of Diamond Guard products, and the manufacturing
equipment and non-licensed IP for the XTouch sensors.  Including
the licensed intellectual property related to XTouch in a sale
would likely require the buyer to negotiate the consent of the
licensors, Microchip and CIT.

The Debtors had neither the time nor the money to enlist the
services of an investment banker or other financial professional to
launch a full-scale sale effort that would allow months for
marketing and due diligence.  On the Petition Date, their
management sent solicitation packages to all of those parties which
described the assets being sold and the explained the urgent time
frame that necessarily applied because the Debtors did not have any
available cash.  

Ultimately, Future Tech was the only potential purchaser that
presented both an acceptable purchase price and willingness to
purchase the Assets on an expedited basis without a requirement for
due diligence.  Because of management's prior engagement with
Future Tech, its prior due diligence investigation of Debtors and
the pre-filing execution of a non-binding letter of intent between
the companies, management hoped that Future Tech would continue to
pursue a potential transaction. The terms of the proposed Asset
Purchase Agreement reflect Future Tech's understanding of the
Debtors' business and the risks related to technology transfer and
intellectual property rights.

The Debtors are proposing to sell substantially all of their
Assets, including tangible and intangible personal property owned
by the Debtors, and materials and finished goods related to their
business.  They are not seeking to assume and assign to Future Tech
any executory contracts, including equipment leases or licenses for
patents or intellectual property licensed to the Debtors by
Microchip or CIT.  

The Assets will be sold free and clear of all liens, claims,
rights, interests, and encumbrances, with all then existing liens,
claims, rights, interests, and encumbrances to attach to the
proceeds of the Proposed Sale.  The Debtors believe that the only
security interest in the Assets is held by Bridge Bank, which
consents to the sale of the Assets on the terms proposed in the APA
and the Sale Motion.

The material terms of the proposed APA are:

     a. Purchase Price: $1,500,000, with a $200,000 deposit to be
credited against the Purchase Price

     b. Purchased Assets: All machinery, equipment, and tangible
property used in connection with the Debtors' pre-petition business
operations; all intangible personal property owned by the Debtors,
including patents and other intellectual property; and inventory,
supplies, and materials owned by the Debtors.

     c. Excluded Assets: Any leased equipment, any interests in
licenses from Microchip or CIT, and accounts receivable

     d. Assumed Liabilities: None, except that Buyer will be
responsible for Administrative expenses of the Colorado Landlord
and Key Personnel

     e. Breakup Fee: $75,000

     f. Representations and Warranties: As is customary for
transactions of this kind, except as specifically set forth in the
APA, the Buyer will accept the Assets at the Closing "as is, where
is" and "with all faults."

     g. Termination Rights: As is customary for transactions of
this kind

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

http://bankrupt.com/misc/Uni-Pixel_Inc_38_Sales.pdf

Concurrent with the filing of the Sale Motion, the Debtors are
their Bid Procedures Motion, which seeks approval of certain
procedures to be employed in connection with the sale described in
the Sale Motion.

In order to allow the immediate realization of value from the
Proposed Sale, the Debtors respectfully ask that any orders on the
Sale Motion be effective immediately, notwithstanding the 14-day
stay imposed by Bankruptcy Rule 6004(h).  Future Tech's obligation
to perform under the APA is conditioned upon the closing taking
place as soon as practicable after entry of an order approving the
Sale Motion.

The Purchaser:

          FUTURE TECH CAPITAL, LLC
          Attn: Caixing Xie
          940 Industrial Avenue
          Palo Alto, CA 94303

                        About Uni-Pixel

The Woodlands, Tex.-based Uni-Pixel, Inc. --
http://www.unipixel.com/-- develops and markets metal mesh  
capacitive touch sensors for the touch-screen and flexible displays
markets.  The Company's roll-to-roll electronics manufacturing
process patterns fine line conductive elements on thin films.  The
Company markets its technologies for touch panel sensor, cover
glass replacement, and protective cover film applications under the
XTouch and Diamond Guard brands.  

Uni-Pixel, Inc., and its subsidiary Uni-Pixel Displays, Inc., filed
Chapter 11 petitions (Bankr. N.D. Cal. Case Nos. 17-52100 and Case
No. 17-52101) on Aug. 30, 2017.

The Debtors tapped Scott H. McNutt, Esq., at McNutt Law Group LLP,
as bankruptcy counsel; and Crowell & Moring LLP, as special
counsel.

The meeting of creditors under 11 U.S.C. Sec. 341(a) was held on
Oct. 3, 2017, at 1:00 p.m.  Proofs of claim are due by Jan. 2,
2018.


UNI-PIXEL INC: U.S. Trustee Forms Three-Member Committee
--------------------------------------------------------
Guy Gebhardt, Acting U.S. Trustee for Region 21, on Oct. 3
appointed three creditors to serve on the official committee of
unsecured creditors in the Chapter 11 cases of Uni-Pixel, Inc., and
Uni-Pixel Displays, Inc.

The committee members are:

     (1) King & Spalding LLP
         Attn: Michael Biles
         500 W. 2nd Street, Suite 1800
         Austin, TX 78701

     (2) BVA Group
         Attn: Robert Manz
         Legacy Tower
         7250 Dallas Pkwy, Suite 200
         Plano, TX 75024

     (3) Thomas Swan & Co. Ltd
         Attn: Dr. Thomas C. Porter
         Rotary Way, Consett
         Co. Durham DH8 7ND
         United Kingdom

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

                     About Uni-Pixel Inc.

The Woodlands, Tex.-based Uni-Pixel, Inc. --
http://www.unipixel.com-- develops and markets metal mesh
capacitive touch sensors for the touch-screen and flexible displays
markets.  The Company's roll-to-roll electronics manufacturing
process patterns fine line conductive elements on thin films.  The
Company markets its technologies for touch panel sensor, cover
glass replacement, and protective cover film applications under the
XTouch and Diamond Guard brands.  

Uni-Pixel, Inc., and its subsidiary Uni-Pixel Displays, Inc., filed
Chapter 11 petitions (Bankr. N.D. Cal. Case Nos. 17-52100 and Case
No. 17-52101) on Aug. 30, 2017.

The Debtors tapped Scott H. McNutt, Esq., at McNutt Law Group LLP,
as bankruptcy counsel; and Crowell & Moring LLP, as special
counsel.


URS MERGER: Moody's Assigns First Time B2 CFR; Outlook Stable
-------------------------------------------------------------
Moody's Investors Service assigned first-time ratings to URS Merger
Sub Corp. (United Road), including a B2 Corporate Family Rating
(CFR) and a B2-PD Probability of Default Rating (PDR).
Concurrently, Moody's assigned a B2 rating to the new senior
secured (term loan) bank credit facility, co-borrowed by United
Road Services, Inc. The ratings outlook is stable.

Proceeds will be used to fund the acquisition of United Road, a
provider of over-the-road transportation of automobiles and related
logistics, by The Carlyle Group (sponsor). All of the company's
existing (pre-acquisition) debt is anticipated to be repaid as part
of the transaction, which will be funded primarily by the $260
million first lien term loan, $5million drawn under a new $60
million asset-based revolving credit facility (unrated), and
sponsor equity. URS Merger Sub Corp. will merge into CB URS
Holdings Corp. upon close of the transaction such that CB URS
Holdings Corp. will be the surviving entity and primary borrower
following the transaction.

The following rating actions were taken:

Assignments:

Issuer: URS Merger Sub Corporation

-- Probability of Default Rating, Assigned B2-PD

-- Corporate Family Rating, Assigned B2

-- Senior Secured Bank Credit Facility, Assigned B2 (LGD 4)

Outlook Actions:

Issuer: URS Merger Sub Corporation

-- Outlook, Assigned Stable

RATINGS RATIONALE

The ratings reflect the company's high exposure to the North
American auto industry cycle, given a strong reliance of revenues
on the production and delivery rates of automobile OEMs (70% in
2016), and a degree of concentration to such customers, which
presents downside revenue risk. Moreover, Moody's anticipates that
the moderating demand environment for new automobiles and light
trucks will continue over the next year. The company's focus on
growing its somewhat less cyclical remarketed (used car) segment
should help temper the impact of declining new car sales on
top-line growth. The ratings also reflect United Road's modest
revenue size, low interest coverage, and relatively thin operating
margins in the low-mid single digit range that leave minimal
cushion in cyclical downturns and weigh on free cash flow
generation, amidst competitive pricing pressures in the fragmented
market.

The ratings consider the company's position as a leading provider
in the domestic auto carrier market on a national scale, its
established relationships with a diverse base of blue chip
customers and moderate leverage, which Moody's expects to remain
below 5x (all metrics inclusive of Moody's standard adjustments)
over the intermediate term. A relatively flexible cost structure,
benefiting from an absence of union labor constraints and growing
asset-light capacity as a result of increased use of independent
contractors, lend further support to the ratings.

The B2 rating on the senior secured bank credit facility, at the
CFR level, reflects the preponderance of this class of debt in the
capital structure. The facility is guaranteed by the company's
domestic wholly owned restricted subsidiaries and the ultimate
parent, URS Parent Corp.

United Road is anticipated to maintain adequate liquidity over the
next 12 months, based on expectations of near full availability
under the new $60 million asset-based revolver and moderately
positive free cash flow generation. The company holds minimal cash
on hand, typically $5 million or lower. The revolver is anticipated
to have a springing fixed charge coverage covenant of 1.0x, tested
when excess availability is less than the greater of $6 million and
10% of the loan cap. The term loan is not expected to have any
financial covenants.

The stable rating outlook is based on expectations of supportive
demand from the company's mix of OEM and remarketed business and
the maintenance of at least adequate liquidity. The outlook also
anticipates the company will maintain financial policies and a
capital structure that support the B2 rating level.

The ratings could be downgraded with a deterioration in business
conditions or the company's performance, such that Moody's expects
leverage to approach 5.5 times and/or weakening operating margins
and EBIT-to-interest. A declining liquidity profile, including an
increased reliance on revolver borrowings or negative free cash
flow generation could also lead to lower ratings. An aggressive
acquisition strategy or shareholder-friendly actions that
compromise creditor interests would drive downward ratings
pressure.

Upward ratings momentum could develop with improving operating
margins, at least in the high single digit range, and consistent
positive free cash flow generation with amounts applied to debt
reduction beyond required amortization. Expectations of
debt-to-EBITDA to be sustained below 4 times and EBIT-to-interest
above to 2 times, accompanied by a good liquidity profile could
drive upward ratings pressure, noting also that the maintenance of
a conservative balance sheet along with good liquidity is an
important factor in positive ratings traction.

The principal methodology used in this rating was the Global
Surface Transportation and Logistics Companies published in May
2017.

CB URS Holdings Corp., headquartered in Romulus, Michigan, and a
parent of United Road Services, Inc., is a leading provider of
over-the-road transportation of automobiles and vehicle logistics
in the United States and Canada. Revenues were approximately $615
million as of the last twelve months ended in June 2017.


VANTAGE SPECIALTY: S&P Affirms B- CCR Amid HIG Capital Acquisition
------------------------------------------------------------------
S&P Global Ratings affirmed its 'B-' corporate credit rating on
Illinois-based Vantage Specialty Chemicals Inc. The outlook is
stable.

Specialty chemical company Vantage Specialty Chemicals Inc. has
entered into an agreement to be acquired by private equity firm
H.I.G. Capital LLC. The company plans to issue a $540 million
first-lien credit facility, consisting of a $75 million cash flow
revolver and a $465 million term loan, as well as a $170 million
second-lien term loan credit facility. The company will use
proceeds to fund the transaction and repay existing debt.

S&P said, "At the same time, we assigned our 'B-' issue-level
rating to Vantage Chemicals proposed $540 million first-lien credit
facility. The recovery rating is '3', indicating our expectation
for meaningful (50%-70%; rounded estimate: 55%) recovery in the
event of payment default. Additionally, we assigned our 'CCC'
issue-level rating to the company's proposed $170 million
second-lien term loan. The recovery rating is '6', indicating our
expectation for negligible (0%-10%; rounded estimate: 0%) recovery
in the event of payment default.

"We also affirmed the 'B-' issue-level rating, with a '3' recovery
rating, on the existing first-lien credit facility and the 'CCC'
rating, with a '6' recovery rating, on the second-lien term loan.
"We will withdraw the ratings on the existing debt once it is fully
repaid."

All ratings on the proposed debt are based on preliminary terms and
conditions.

The ratings on Vantage Specialty Chemicals reflect the modestly
improved profitability achieved through cost-reduction and
procurement initiatives, as well as the shift to a higher-value
product mix. Vantage's profitability has also benefited from the
acquisition of higher-margin business Mallet & Co. in 2016.

Vantage's balance sheet debt is increasing significantly as the
result of the transaction, and we forecast credit measures to
remain weaker than those of other commodity chemicals peers such as
Cornerstone Chemical Co., with weighted-average debt to EBITDA in
the 5x-6x range. S&P said, "In our base-case forecast, we would
expect weighted-average debt to EBITDA in the 6x-7x range and funds
from operations (FFO) to debt between 7% and 8%. We expect that
Vantage will maintain EBITDA margins in the 15%-16% range as it
continues to recognize the benefits from prior acquisitions and
cost-savings initiatives underway."

S&P said, "The stable rating outlook on Vantage reflects our
expectation for modest EBITDA growth over the next year through
procurement initiatives and improved product mix. We expect the
company's EBITDA and cash flow generation to improve as the company
integrates acquisitions and to improve its product mix in
relatively stable noncyclical end markets. Additionally, we expect
modest improvement based on our overall outlook for modest economic
growth in the U.S. and our expectation that the company's strengths
in the domestic market, its presence in Latin America, and its
international distribution network will contribute to better
overall volumes. Our stable outlook assumes that management and the
company's owners will support credit quality and, therefore, we
have not factored into our analysis any distributions to
shareholders or significant debt-funded capital spending or
acquisitions. Despite our expectation for EBITDA growth, we still
expect that the company will maintain leverage credit measures in
line with our expectations for the rating, with weighted-average
debt to EBITDA above 6x.

"We could lower the ratings over the next 12 months if Vantage's
organic revenue growth stalled or if its margins declined
significantly as the result of not recognizing its procurement and
cost-savings initiatives. In addition, we could lower ratings if
liquidity weakened such that sources were below 1.2x uses, if cash
flow turned negative, or if we believed covenant compliance could
become uncertain. We could also lower ratings should the company
decide to pursue a large debt-funded acquisition, increasing
leverage to unsustainable levels with debt to EBITDA greater than
9x.

"We could consider an upgrade in the next 12 months if the
company's growth exceeds our expectations coupled with procurement
and cost-savings initiatives exceeding our expectations. In such a
scenario, we would expect EBITDA margins 400 basis points (bps)
greater than our expectations, resulting in FFO to debt of greater
than 10% and debt to EBITDA approaching 6x on a sustained basis. We
would also need to believe the company's financial sponsors would
remain supportive of maintaining credit metrics at these levels."


ZEO HEALTH: Hires K&L Gates as Litigation Counsel
-------------------------------------------------
Zeo Health Ltd., seeks authorization from the U.S. Bankruptcy Court
for the Southern District of New York to employ K&L Gates as local
California counsel for the Debtor.

The Debtor needs K&L Gates to represent it in the matter People of
the State of California, ex rel. Xavier Becerra, Attorney General
v. Zeo Health Ltd., Regal Supplements LLC, Micah Portney, et al.

The State of California alleges that the Debtor violated California
Business and Professions Code section 17500 et seq. (the False
Advertising Law) and Business and Professions Code section 17200 et
seq. (the Unfair Competition Law) with respect to several of its
zeolite health "cleansing" products that it advertised, sold and/or
distributed in California.  The State seeks civil penalties
pursuant to the False Advertising Law and the Unfair Competition
Law, and injunctive relief prohibiting Debtor from making false and
misleading claims about the subject products, and from offering
them for sale in California in the current formulations.  These
matters have been largely resolved between Debtor and California.

California Counsel is necessary in order to finalize a settlement
and bring the Action to a conclusion, the Debtor says.

K&L Gates will be paid at these hourly rates:

     Edward P. Sangster                 $725
     Paralegal/Legal Assistant          $275

K&L Gates will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Edward P. Sangster, Esq., a partner at K&L Gates LLP, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

K&L Gates may be reached at:
  
      Edward P. Sangster, Esq.
      K&L Gates LLP
      4 Embarcadero Center, Suite 1200
      San Francisco, CA 94111-5994
      Tel: 415.882.1028
      Fax: 415.882.8220
      E-mail: ed.sangster@klgates.com

                      About Zeo Health Ltd.

Zeo Health, Ltd. is a corporation engaged in selling a supplement
known as Zeolite, which is mined from volcanic ash.  Zeo Health is
an internet-based business with an office in Valley Cottage, New
York. It is the managing member and sole owner of another
corporation Regal Supplements LLC.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D.N.Y. Case No. 17-22963) on June 19, 2017.  Micah
Portney, its president, signed the petition.

At the time of the filing, the Debtor disclosed that it had
estimated assets of less than $500,000 and liabilities of less than
$100,000.

Judge Robert D. Drain presides over the case.

No trustee or official committee of unsecured creditors has been
appointed.


ZETTA JET: Interim Cash Use Until Oct. 5 Approved
-------------------------------------------------
Judge Sandra R. Klein of the U.S. Bankruptcy Court for the Central
District of California authorized Zetta Jet USA, Inc., and parent
Zetta Jet Pte. Ltd. to use cash collateral on an interim basis
pending the final hearing.

The Court has scheduled a hearing to consider entry of final order
authorizing use of cash collateral will be held on Oct. 5, 2017 at
8:30 a.m. Any reply to any opposition to the granting of the Motion
on a final basis must be filed and served no later than Oct. 3.  

The Debtors are authorized to use all cash and cash collateral
currently maintained in the Debtors' accounts held by HSBC aka The
Hongkong and Shanghai Banking Corporation Limited, Singapore Branch
and all cash and cash collateral which may subsequently be
deposited into the Accounts for immediate and necessary expenses,
but only as necessary and appropriate to fund payroll payments,
fuel purchases, maintenance and repair expenses, fly permits and
licenses, and other similar costs immediately required to operate
chartered flights through the date and time of the Final Hearing,
and to avoid immediate and irreparable harm.

HSBC will not impose any freeze or administrative hold on the
Accounts so that the Debtors are able to use all cash and cash
collateral in the Accounts, to the extent necessary to pay the
immediate and necessary expenses in the ordinary course of
business, including, without limitation, the payroll payments
totaling approximately $800,000 which will need to be funded on
September 28, 2017 (Pacific time) to ensure the timely payment of
wages, commissions and all applicable withholding and payroll taxes
to the employees of Zetta Jet PTE due on September 29, 2017
(Singapore time).

HSBC will have adequate protection by way of a possessory lien in
the subsequently deposited and any other cash and cash collateral
in the Accounts to the same extent, validity, priority, and
perfection as HSBC had as of the date that the Debtors filed for
bankruptcy.  As additional adequate protection for the use of cash
collateral, the Debtors waive any and all objections to the extent,
validity, priority and perfection of the Possessory Liens held by
HSBC in the cash and cash collateral in the Accounts.

Furthermore, to the extent that the aggregate balance in the
Accounts declines below the total amount in the Accounts as of
Sept. 20, 2017, HSBC will be entitled to:

      (a) valid, enforceable, non-avoidable and fully perfected
replacement liens on, and security interests in, all assets of the
Debtors, including accounts receivable of the Debtors, which lien
will be first priority as to unencumbered assets and junior as to
existing, valid enforceable liens on any encumbered assets; and

      (b) super-priority administrative expense priority claims
against the Debtors with priority over any and all administrative
expenses and claims asserted against the Debtors or their
respective bankruptcy estates.

A full-text copy of the Order, dated Sept. 28, 2017, is available
at https://is.gd/6D3nvv

                         About Zetta Jet

Zetta Jet -- http://www.zettajet.com/-- is a luxury jet operator
based in Singapore.  Zetta Jet is a Federal Aviation Administration
certificated air carrier and the first only part 135 operator
authorized to conduct Polar flights, enabling Zetta Jet to optimize
routes without limitation. Zetta Jet's fleet of aircraft are
equipped with KuBand wi-fi, are capable of flying the longest
routes, and have the most advanced navigational instruments on
board. Zetta Jet has sales and support offices in New York, London,
San Jose, Shanghai and Singapore.

Zetta Jet USA, Inc., formerly known as Advanced Air Management,
Inc., and its affiliate Zetta Jet PTE Ltd. sought Chapter 11
protection (Bankr. C.D. Cal. Case Nos. 17-21386 and 17-21387) on
Sept. 15, 2017.  The cases are jointly administered under Lead Case
No. 17-21386.  The petitions were signed by Michael A. Maher, chief
executive officer and president.

At the time of filing, the Debtors estimated assets and liabilities
ranging from $50 million to $100 million.

Judge Sandra R. Klein presides over these cases.

The Debtors are represented by Ron Bender, Esq. and John-Patrick M
Fritz, Esq. at Levene, Neale, Bender, Yoo & Brill, L.L.P.


[*] McDonald Hopkins Elects Four Attorneys to Firm's Membership
---------------------------------------------------------------
McDonald Hopkins LLC has announced the election of four attorneys
to the firm's membership.

McDonald Hopkins, with offices in Cleveland, Columbus, Detroit,
Chicago, West Palm Beach and Miami, named Alexa Guevara (West Palm
Beach), Joshua Gadharf (Detroit), Jason Harley (Columbus) and
Ilirjan Pipa (Cleveland) members, effective October 1, 2017.

"This year we are privileged to recognize and promote four
attorneys for their expertise, consistently high-level of client
service and their entrepreneurial spirit," said Shawn M. Riley,
president of McDonald Hopkins.  "All four attorneys are rising
stars who have demonstrated leadership qualities and expertise in
their practice areas."

Alexa Guevara (West Palm Beach) has experience representing
developers of commercial, residential, retail and equestrian
projects in financing, leasing, sale/leaseback, acquisition,
workout and development transactions.

She has represented property owners, contractors and
sub-contractors in various construction and related service
agreements and Florida Construction Lien Law Compliance.  Ms.
Guevara also has represented developers and non-profit
organizations in projects financed with historic and new market tax
credits.

She also has experience representing private and institutional
lenders in short term and permanent financing transactions, workout
negotiations and forbearance arrangements, loan purchase and sale
transactions.

Ms. Guevara earned a J.D. from the University of Florida in 2002
and received a B.B.A. from the University of Notre Dame in 1997.

Joshua Gadharf (Detroit) is in the Business Restructuring Services
Department and counsels clients on strategic alternatives in
distressed business settings.  He regularly represents public and
private companies, directors, officers, lenders, creditors,
shareholders and strategic and financial investors.  Mr. Gadharf's
debtor practice involves advising companies and their boards of
directors in business restructurings scenarios ranging from
out-of-court restructurings to Chapter 11 reorganizations and
liquidations.  He also regularly advises boards and management
teams on strategic, corporate and governance matters and regularly
litigates in federal and state courts.

Selected for inclusion as a Michigan Rising Star (2015-2017) by
Super Lawyers, Mr. Gadharf is a member of the Turnaround Management
Association, Turnaround Management Association – NextGen and the
American Bankruptcy Institute.

Mr. Gadharf earned a J.D., with honors, from Illinois Institute of
Technology's Chicago-Kent College of Law in 2008. He received a
B.A., with honors, from Washington University in St. Louis in
2003.

Jason Harley (Columbus) is experienced in complex litigation
matters in the areas of construction, general business, and oil and
gas.  Prior to entering the legal profession, Mr. Harley gained
experience in the construction industry as a project engineer for a
mechanical contractor and a project lead for an MEP design
engineering firm.

Recognized by Super Lawyers as an OhioRising Star (2014-2017), Mr.
Harley is a member of the American Bar Association, Ohio State Bar
Association, Columbus Bar Association, the Associated General
Contractors of Ohio and the Builders Exchange of Central Ohio.

Mr. Harley earned a J.D., magna cum laude, from Capital University
Law School in 2008.  He received a B.S. from Virginia Polytechnic
Institute and State University in 2002.  

Ilirjan Pipa (Cleveland) has significant experience in securities,
mergers and acquisitions (M&A) and general corporate transactions.

He has represented public and private companies operating in a
variety of industries related to negotiating and drafting M&A
transaction documents and offering documents, negotiating and
drafting general corporate agreements and drafting and filing the
1933 Act and 1934 Act filings for public companies.

Fluent in Albanian, Mr. Pipa received his J.D. from Case Western
Reserve University School of Law, an M.B.A. from Case Western
Reserve University Weatherhead School of Management and his B.A.
from Baldwin Wallace University.

                     About McDonald Hopkins

Founded in 1930, McDonald Hopkins --
http://www.mcdonaldhopkins.com/-- is a business advisory and
advocacy law firm with locations in Chicago, Cleveland, Columbus,
Detroit, Miami, and West Palm Beach.  With more than 50 service and
industry teams, the firm has the expertise and knowledge to meet
the growing number of legal and business challenges our clients
face.


[*] Patrick Trostle Joins Thompson & Knight's Bankruptcy Practice
-----------------------------------------------------------------
Thompson & Knight LLP on Oct. 2, 2017, disclosed that Patrick J.
Trostle has joined the Firm as a Partner in its New York office in
the Bankruptcy and Restructuring Practice Group.

"With 25 years of experience, Mr. Trostle will add immediate depth
to our nationally recognized Bankruptcy and Restructuring Practice.
He will spearhead our distressed investing practice in New York
City," said David M. Bennett, the Firm's Bankruptcy and
Restructuring Practice Leader.  "Patrick's leadership skills and
experience will complement our existing New York presence and
position us to better service our clients.  We simply are delighted
to have him on our team."

Mr. Trostle focuses his practice on complex restructuring and
Chapter 11 reorganizations, including litigation related to
troubled or insolvent businesses.  He has extensive experience in
cross-border restructurings and in the evaluation and acquisition
of distressed debt, assets, and businesses.  He has represented a
number of the world's largest hedge funds in a variety of matters,
including disputes involving mortgage-backed securities,
derivatives, and other structured products.  He has been involved
in a number of landmark bankruptcy cases, including as appellate
counsel in multiple cases before the United States Supreme Court.
Notably, Mr. Trostle served as a team leader in the representation
of the court-appointed examiner in the Lehman Brothers bankruptcy
case, and as co-debtor's counsel in the General Motors Chapter 11
case regarding the sale of its assets to a newly formed entity
sponsored by the United States Treasury.

Recognized for his legal work, Mr. Trostle has been selected for
inclusion in New York Metro Super Lawyers(R) by Thomson Reuters
(2010-2017) and The Legal 500 U.S. by Legalease (2013).
Mr. Trostle is the Former Vice Chairman of the Business Bankruptcy
Trust Indenture Subcommittee of the American Bar Association and a
member of the Advisory Board of the Commercial Law Centre for
Harris Manchester College – University of Oxford.  He was
recently appointed Chair of the Advisory Board for the Institute of
Transnational Commercial Law at Queen Mary University of London.
He often speaks on issues related to insolvency, restructuring, and
bankruptcy.

Mr. Trostle has received several awards for his pro bono
representation of a United States charity operating in Rwanda, a
project that created the largest grid-connected solar field in east
Africa.  The National Law Journal recognized his efforts on its
"Pro Bono Hot List."  His work was also honored by American Lawyer
with its Global Legal Award for Citizenship and by the Financial
Times in its North American Innovative Lawyers report as a
"standout" – the publication's highest rating.

Mr. Trostle received a J.D. from Vermont Law School in 1992 and a
B.A., with highest honors, from Trinity College in 1989.  He also
attended the University of Oxford, and he served as a law clerk for
the United States Bankruptcy Court in the Southern District of New
York.

Prior to joining Thompson & Knight, he was a partner at an
international law firm in New York and served as Chair of its New
York Restructuring and Bankruptcy Practice.  Mr. Trostle is
admitted to practice in New York and Connecticut.

                     About Thompson & Knight

Established in 1887, Thompson & Knight -- http://www.tklaw.com/--
is a full-service law firm with more than 300 attorneys.  The Firm
provides legal solutions to clients and communities around the
world and is particularly recognized for its depth of experience
and capabilities on behalf of the energy industry.  Thompson &
Knight has been named "Law Firm of the Year" in Oil & Gas Law in
U.S. News-Best Lawyers(R) "Best Law Firms" for 2011-2013, 2015, and
2017.  This year, Thompson & Knight proudly celebrates 130 years of
service.


[*] Richard Levin Named Collier on Bankruptcy Co-Editor-in-Chief
----------------------------------------------------------------
Jenner & Block Partner Richard Levin has been named
co-editor-in-chief of Collier on Bankruptcy.  An author of the 1978
United States Bankruptcy Code, Mr. Levin is internationally
recognized as one of the foremost restructuring, bankruptcy and
creditor-debtor rights lawyers in complex bankruptcy litigation,
transactional and special situations.  With over 40 years in the
practice, he has gained a reputation by leading or playing a major
role in numerous precedent-setting domestic and cross-border
insolvency proceedings.

More recently, Mr. Levin advised on the Detroit Institute of Arts
(DIA) on the City of Detroit's bankruptcy case, coordinating a
broad effort that protected the DIA's priceless collection from the
city's creditors, and negotiated the first and most favorable
settlement of clawback claims in the Bernard L. Madoff Investment
Securities SIPA proceeding.  He currently is a member of the Jenner
& Block team advising the Official Committee of Retired Employees
of the Commonwealth of Puerto Rico in connection with the
restructuring proceedings.

Mr. Levin first began his association with Collier on Bankruptcy in
1979 as a consulting editor and contributing author.  He has served
on the Collier on Bankruptcy Board of Editors since 1997. Mr.
Levin, co-chair of Jenner & Block's Restructuring and Bankruptcy
Practice, joins Henry J. Sommer who has served as
co-editor-in-chief since 2002.

The flagship bankruptcy treatise from LexisNexis(R) Matthew
Bender(R), Collier on Bankruptcy is written and edited by leading
scholars, judges and practitioners, who bring an unparalleled
breadth and depth of expertise to the field.  The editors and
authors are not only building upon a 120-year-old legacy, but are
creating a practical and timely resource that is tailored for
today's busiest lawyers.  The treatise is updated four times a year
to reflect the evolving law.  Since the enactment of the US
Bankruptcy Code in 1978, Collier on Bankruptcy has been cited over
24,000 times by the courts.  It was first cited by the US Supreme
Court in 1905, and most recently in 2017.

Mr. Levin is a member and the former chair of the National
Bankruptcy Conference and is a Fellow of the American College of
Bankruptcy.  He was a consultant to the World Bank and the Central
Bank of Brazil regarding Brazil's 2005 bankruptcy legislation.
Since 2002, he has served as a faculty member at the Federal
Judicial Center's Bankruptcy Judge Workshops, and he was a lecturer
in law at Harvard Law School.  He is a sought-after speaker and
author on a wide range of bankruptcy issues.

                     About Jenner & Block's
             Restructuring and Bankruptcy Practice

Lawyers in Jenner & Block's Restructuring and Bankruptcy Practice
handle a wide range of matters in high-profile and complex
corporate and municipal reorganizations and related litigation
across the United States.  The firm also has experience in
bankruptcy cases involving financial fraud, corporate malfeasance
and mass torts.  The firm's lawyers represent public and private
companies, investors, lenders, creditors or equity holders in
bankruptcy proceedings, out-of-court restructurings, debt for
equity exchanges, internal reorganizations, and distressed asset
purchases and sales and provide advice on credit issues,
derivatives, structured finance and other sophisticated financial
instruments, as well as other insolvency-related issues.

                      About Jenner & Block

Jenner & Block is a law firm with global reach, with more than 500
lawyers and offices in Chicago, London, Los Angeles, New York and
Washington, DC.  The firm is known for its prominent and successful
litigation practice and experience handling sophisticated and
high-profile corporate transactions.  Firm clients include Fortune
100 companies, large privately held corporations, financial
services institutions, emerging companies and venture capital and
private equity investors.  The American Lawyer named the firm as
the #1 pro bono firm in the United States, a distinction it has had
seven of the past 10 years; the firm has been ranked among the top
10 in this category every year since the ranking began in 1990.


[] Goodwin Elects 12 New Partners to Firm's Partnership
-------------------------------------------------------
Goodwin, a Global 50 law firm, on Oct. 2, 2017, announced that 12
lawyers have been elected to the firm's partnership, effective Oct.
1.

"We are delighted to welcome our new partners.  These outstanding
lawyers -- committed to our long-standing culture of client service
and collaboration -- exemplify the very best of Goodwin, said David
Hashmall, Goodwin's Chairman.  "We look forward to the many
contributions this next generation of talent will bring to our firm
and our clients."

The newly elected partners include:

Ed Amer (Private Equity; Boston) represents private equity and
venture capital firms, operating companies and investors in a broad
range of transactions, including leveraged buyouts, carve-outs,
exits, growth equity financings and general corporate
representation, with a particular focus on the healthcare and life
sciences industries.

Joseph Bernardi (Private Equity; Boston) represents private equity
firms and strategic investors in a variety of transactions, with a
focus on mergers and acquisitions, leveraged buyouts, growth equity
investments, distressed acquisitions and recapitalizations.

Sarah Bock (ERISA & Executive Compensation; Boston) advises both
public and private companies with respect to executive compensation
matters, as well as the employee benefit and compensation aspects
of mergers and acquisitions, financings, initial public offerings
and other corporate transactions.

Oreste Cipolla (Private Equity; New York) advises private equity
and venture capital funds and their portfolio companies on a wide
range of U.S. and cross-border corporate matters, including
leveraged buyouts, growth equity and venture capital investments,
and other equity and debt financings, with a focus on technology,
food and beverage, healthcare and education.

William Collins (Technology and Life Sciences; Boston) advises
public and private companies across the life sciences industry,
including biotechnology, pharmaceutical and medical device
companies. His practice includes extensive experience with public
and private securities offerings, IPOs, mergers and acquisitions,
collaborations, and other complex transactions, as well as general
corporate matters.

Gregory Fox (Financial Restructuring; New York) represents debtors,
creditors, committees, investors, purchasers, and other
parties-in-interest in bankruptcy proceedings, out-of-court
restructurings and insolvency-related litigations.

Kevin Grumberg (Private Equity; New York) represents private equity
sponsors, public and private companies, financial institutions and
other debt investors in structuring and negotiating secured and
unsecured financing transactions, including senior, mezzanine and
subordinated debt facilities, acquisition-financing transactions,
working capital facilities and loan workouts and restructurings.

Nathan Hagler (Technology and Life Sciences; Silicon Valley)
represents clients through the entire corporate life cycle,
including pre-incorporation planning, general corporate
representation and counseling, venture capital financings, and
mergers and acquisitions.

Kevin Lam (Technology and Life Sciences; Silicon Valley) advises
clients on a broad range of intellectual property, technology,
commercial and privacy matters, including the acquisition,
management, licensing and commercialization of intellectual
property and partnering transactions.

Seo Salimi (Technology and Life Sciences; New York) focuses on
corporate transactions and securities laws with a particular
emphasis on representing life sciences clients in public and
private capital markets transactions.

Samuel Sherry (IP Litigation; Boston) represents clients in a broad
range of intellectual property-related litigations involving
pharmaceuticals, software, communications, computer hardware,
optical storage and medical device technologies.

Amanda Westendorf (Technology and Life Sciences; San Francisco)
represents companies through their corporate life cycle, including
general corporate representation and counseling, venture capital
financings, public offerings, corporate governance and public
company representation, and mergers and acquisitions.

                          About Goodwin

Goodwin -- http://www.goodwinlaw.com/-- has 1,000 plus lawyers
across the United States, Europe and Asia focusing on complex
transactions, high-stakes litigation and world-class advisory
services in the financial, life sciences, private equity, real
estate and technology industries.


[^] BOOK REVIEW: Oil Business in Latin America: The Early Years
---------------------------------------------------------------
Author:  John D. Wirth Ed.
Publisher:  Beard Books
Softcover:  282 pages
List price:  $34.95
Review by Gail Owens Hoelscher
Buy a copy for yourself and one for a colleague on-line at
http://is.gd/DvFouR

This book grew out of a 1981 meeting of the American Historical
Society. It highlights the origin and evolution of the state-
owned petroleum companies in Argentina, Mexico, Brazil, and
Venezuela.

Argentina was the first country ever to nationalize its
petroleum industry, and soon it was the norm worldwide, with the
notable exception of the United States. John Wirth calls this
phenomenon "perhaps in our century the oldest and most
celebrated of confrontations between powerful private entities
and the state."

The book consists of five case studies and a conclusion, as
follows:

     * Jersey Standard and the Politics of Latin American Oil
          Production, 1911-30 (Jonathan C. Brown)

     * YPF: The Formative Years of Latin America's Pioneer State
          Oil Company, 1922-39 (Carl E. Solberg)

     * Setting the Brazilian Agenda, 1936-39 (John Wirth)

     * Pemex: The Trajectory of National Oil Policy (Esperanza
          Duran)

     * The Politics of Energy in Venezuela (Edwin Lieuwen)

     * The State Companies: A Public Policy Perspective (Alfred
          H. Saulniers)

The authors assess the conditions at the time they were writing,
and relate them back to the critical formative years for each of
the companies under review. They also examine the four
interconnecting roles of a state-run oil industry and
distinguish them from those of a private company. First, is the
entrepreneurial role of control, management, and exploitation of
a nation's oil resources. Second, is production for the private
industrial sector at attractive prices. Third, is the
integration of plans for military, financial, and development
programs into the overall industrial policy planning process.
Finally, in some countries is the promotion of social
development by subsidizing energy for consumers and by promoting
the government's ideas of social and labor policy and labor
relations.

The author's approach is "conceptual and policy oriented rather
than narrative," but they provide a fascinating look at the
politics and development of the region. Mr. Brown provides a
concise history of the early years of the Standard Oil group and
the effects of its 1911 dissolution on its Latin American
operations, as well as power struggles with competitors and
governments that eventually nationalized most of its activities.
Mr. Solberg covers the many years of internal conflict over oil
policy in Argentina and YPF's lack of monopoly control over all
sectors of the oil industry. Mr. Wirth describes the politics
and individuals behind the privatization of Brazil's oil
industry leading to the creation of Petrobras in 1953. Mr. Duran
notes the wrangling between provinces and central government in
the evolution of Pemex, and in other Latin American countries.
Mr. Lieuwin discusses the mixed blessing that oil has proven for
Venezuela., creating a lopsided economy dependent on the ups and
downs of international markets. Mr. Saunders concludes that many
of the then-current problems of the state oil companies were
rooted in their early and checkered histories." Indeed, he says,
"the problems of the past have endured not because the public
petroleum companies behaved like the public enterprises they
are; they have endured because governments, as public owners,
have abdicated their responsibilities to the companies."

Jonh D. Wirth is Gildred Professor of Latin American Studies at
Standford University.


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2017.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000 or Nina Novak at 202-362-8552.

                   *** End of Transmission ***