TCR_Public/171019.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Thursday, October 19, 2017, Vol. 21, No. 291

                            Headlines

101 SAW MILL: Taps Houlihan & O'Malley as Real Estate Broker
1098 BLUE HILL: Voluntary Chapter 11 Case Summary
424 COUNTRY CLUB: U.S. Trustee Unable to Appoint Committee
470 W 42 STREET: Hires Kurtzman Matera as Counsel
4L TECHNOLOGIES: Moody's Lowers CFR to B3 & Revises Outlook to Neg.

A HELPING HAND TOO: Hires Louis G. Scott as Attorney
ABENGOA KANSAS: Taps Drinker Biddle as Co-Counsel
ACOSTA GROUP: Seeks to Hire E.P. Bud Kirk as Legal Counsel
ALLISON TRANSMISSION: Fitch Affirms 'BB' IDRs; Outlook Stable
ALLY FINANCIAL: S&P Affirms 'BB+' LT ICR, Outlook Remains Stable

ALTON BEAN: Wants To Obtain Financing From Transafac Capital
AMERICAN APPAREL: Intercreditor Negotiations Delay Plan Completion
AMNEAL PHARMACEUTICALS: Moody's Affirms B1 CFR; Outlook Stable
APPVION INC: Hires Alan D. Holtz of AP Services as CRO
APPVION INC: Hires Guggenheim Securities as Investment Banker

AQUILEX INTERMEDIATE: S&P Affirms Then Withdraws 'B' CCR
ARAMARK: S&P Alters Outlook to Negative, Debt Rating on Watch Neg.
ARCAPITA BANK: Bahrain Islamic, Tadhamon Can't Dodge Ch 11 Lawsuits
ART & DENTISTRY: U.S. Trustee Unable to Appoint Committee
AURORA DIAGNOSTICS: Incurs $16.2 Million Net Loss in 1st Quarter

AUTO MASTERS: Case Summary & 20 Largest Unsecured Creditors
BARTON FOOD: Hires Gammon Law Office as Special Counsel
BCW EXPRESS: Hires Gudeman & Associates as Counsel
BEAZER HOMES: Fitch Affirms B- IDR & Changes Outlook to Positive
BEDROCK HOLDINGS: Hires Kercher PC as Bankruptcy Counsel

BEST ROAD VIEW: Unsecureds to Get 5% in 5 Annual Installments
BRONX MIDTOWN: Taps Shipkevich as Legal Counsel
BROWNSVILLE BERG: Hires Michael B. Nicolella as Appraiser
C SWANK ENTERPRISES: To Pay Paccar in Full at 5% Over 7 Years
C&J ENERGY: Shareholder's Lawyers Say Merger Suit Justify $5M Fee

CACI INTERNATIONAL: Moody's Affirms Ba2 CFR; Outlook Stable
CADIZ INC: BLM Finds Water Project is Within Railroad Right-of-Way
CAESARS ENTERTAINMENT: Moody's Gives Ba3-PD Prob. of Default Rating
CAPITOL STATION 65: Seeks to Hire DSI as Consultant
CAPITOL STATION 65: Taps Cunningham Engineering as Consultant

CAPITOL STATION 65: Taps John Burns Real Estate as Consultant
CAPTAIN TRANSPORT: Taps Lamey Law Firm as Legal Counsel
CENTORBI LLC: Unsecureds to be Paid $2.5K Quarterly Under New Plan
CHINA COMMERCIAL: Yang Jie Has 22.5% Equity Stake as of July 17
CM EBAR: Case Summary & 20 Largest Unsecured Creditors

CONCORDIA INT'L: S&P Lowers CCR to 'SD' Amid Interest Non-Payment
CONCORDIA INTERNATIONAL: Defers $26M Notes Interest Payment
CONSOL ENERGY: S&P Places 'B+' CCR on CreditWatch Positive
CONTEXTMEDIA HEALTH: Moody's Cuts Corporate Family Rating to Caa1
DALTON OUTDOOR: Hires Steven Nosek & Yvonne Doose as Counsel

DARIN BECK: Hires Ag & Business Legal Strategies as Attorneys
DAYBREAK OIL: Incurs $701K Net Loss in Second Quarter
DOAKES ENTERPRISES: Hires Bednar Law as Bankruptcy Counsel
DON ROSE OIL: Committee Taps DSI as Financial Advisor
DOOR TO DOOR STORAGE: Taps Clark Nuber as Accountant

EAST MAIN COMPLEX: Interim Cash Use Order Entered
ENVIVA PARTNERS: S&P Affirms B+ Corp Credit Rating, Outlook Stable
ERIN ENERGY: Dr. Kase Lawal Has 57.7% Equity Stake as of July 5
EUROSTAR LLC: 15% Dividend for Unsecured Creditors Under Plan
FANNIE MAE & FREDDIE MAC: Fairholme Seeks High Court Review

FOSTER ENTERPRISES: Wants Insurance Premium Financing From Cypress
GARLIC'S COVE: U.S. Trustee Unable to Appoint Committee
GELTECH SOLUTIONS: Obtains $525K from Sale of Common Shares
GIGA-TRONICS INC: Shareholders Elect Five Directors
GOODMAN AND DOMINGUEZ: Plan Filing Period Extended Through Oct. 31

HARRINGTON & KING: Taps Rally Capital as Investment Banker
HERITAGE GREEN: Hires Togut Segal & Segal as Restructuring Counsel
HI-CRUSH PARTNERS: Moody's Hikes CFR to B3; Outlook Stable
HJR LLC: Hires Newmark Grubb Pfefferle as Real Estate Broker
HOAG URGENT: Hires Force 10 Partners as Financial Advisor

HUNTINGTON INGALLS: Fitch Hikes IDR & Unsec. Debt Ratings From BB+
IMPAX LABORATORIES: Moody's Puts B2 CFR Under Review for Upgrade
ITUS CORPORATION: Will Sell $24 Million Worth of Securities
JEFFREY L. MILLER: Seeks to Hire Soldnow as Auctioneer
JIYA CO: Taps Michael Nicolella as Appraiser

JIYA CO: U.S. Trustee Unable to Appoint Committee
JLC DAYCARE: Taps Tyler Collier as Accountant
KNEL ACQUISITION: S&P Affirms 'B' CCR & 1st Lien Loan Ratings
LAREDO PETROLEUM: S&P Hikes CCR to 'B+' on Increased Production
LAURA ELSHEIMER: Taps Van Dam Law as Legal Counsel

LW RETAIL: Hires DelBello Donnellan Weingarten as Attorneys
M & J ENERGY: Taps Payroll & Business Solutions as Accountant
MAY ARTS: Hires Ciardi Ciardi & Astin as Legal Counsel
MCCLATCHY CO: Reports Third Quarter Net Loss of $238.9 Million
MCGRAW-HILL GLOBAL: Fitch Affirms B+ IDR; Off CreditWatch

MEDAPOINT INC: Taps K&L Gates as Special Counsel
MONAKER GROUP: Will File Aug. 31 Form 10-Q Within Grace Period
MRI INTERVENTIONS: John Fletcher Appointed to Board of Directors
MTN INFRASTRUCTURE: Moody's Assigns B2 Corporate Family Rating
NATHAN'S FAMOUS: S&P Affirms B- CCR on Refinancing, Outlook Stable

NATIONAL EVENTS: May Obtain $280K Financing From Taly, SLL, Hutton
NATIONAL TRUCK: Committee Hires Jones Walker as Counsel
NATIONAL TRUCK: Want Premium Financing Pact With First Insurance
NEPHROS INC: Expects Over 90% Year-Over-Year Revenue Growth in Q3
NEWPARK RESOURCES: S&P Hikes CCR to B on Improving Credit Metrics

NICE CAR: Oct. 25 Hearing on Disclosure Statement
OFFICE DEPOT: Moody's Affirms B1 CFR & Revises Outlook to Positive
OPTIMA SPECIALTY: Court Confirms Modified Reorganization Plan
PACE DIVERSIFIED: Macpherson and NPA Claims Removed in New Plan
PACIFIC DRILLING: No Consensus Yet on Debt Restructuring

PACKARD SQUARE: Request For OK to Obtain DIP Financing Denied
PARETEUM CORP: Amends 10M Shares Prospectus with SEC
PERFUMANIA HOLDINGS: No Longer Submits Regulatory Filings to SEC
PHOENICIAN MEDICAL: U.S. Trustee Unable to Appoint Committee
PINPOINT WAREHOUSING: Case Summary & 20 Top Unsecured Creditors

PIONEER NURSERY: U.S. Trustee Forms Five-Member Committee
PJ REAL ESTATE: Taps Inkscale Realty's Brandi Hooker as Realtor
PRODUCTION PATTERN: Taps Harris Law Practice as Co-Counsel
PRODUCTION PATTERN: Taps Minden Lawyers as Legal Counsel
R & A PROPERTIES: Taps NAI Optimum as Real Estate Broker

R.C.A. RUBBER: Taps Valbridge Property as Appraiser
REAL ESTATE BOOK: U.S. Trustee Unable to Appoint Committee
RENT-A-WRECK: Exclusive Plan Filing Period Extended Thru Feb. 19
ROCKY MOUNTAIN: Receives $250,000 Financing From GHS Investments
ROSETTA GENOMICS: Has Resale Prospectus of 2.2M Ordinary Shares

ROYAL FLUSH: Full Payment for Unsecureds with No Interest in 7 Yrs.
RUBY TUESDAY: Incurs $9.84 Million Net Loss in First Quarter
RUBY TUESDAY: Will be Acquired By NRD Capital for $2.40 Per Share
SAN LUIS REGIONAL: S&P Cuts Sr. Lien Revenue Bond Rating to 'D'
SCHANTZ MFG: Taps Carmody MacDonald as Legal Counsel

SCI DIRECT: Has Final OK to Obtain $250K Financing, Use Cash
SEARS HOLDINGS: Bruce Berkowitz Quits as Director
SEARS HOLDINGS: Seven Directors Elected by Stockholders
SERENITY HOMECARE: Affiliate Taps Keller Williams as Broker
SHREE SWAMINARAYAN: Hires Joyce W. Lindauer as Bankr. Counsel

SINDESMOS HELLINIKES: Wants Plan Filing Deadline Moved to Oct. 31
SKYLINE EMS: Unsecureds to Recoup 100% Through Monthly Payments
SPI ENERGY: Director Roger Dejun Ye Resigns
SPI ENERGY: Will Sell 320 Million Ordinary Shares for $33.9M
SQUARE ONE: Plan Filing Exclusivity Extended Until November 6

STEMTECH INTERNATIONAL: Seeks Dec. 15  Plan Exclusivity Extension
SULLIVAN VINEYARDS: Trustee Taps Thomas Eddy as Consultant
SUNIVA INC: May Obtain $3M Additional Financing From Lion, SQN
THOMAS NICOL: Hires Broege, Neumann, Fischer & Shaver as Counsel
TOWN SPORTS: Stockholders Elected Five Directors

TRAVIS RAGSDALE: H-Damani Buying Dallas Property for $1.2 Million
TRI STATE TRUCKING: Spartan Mat Blocks Approval of Disclosures
TUCSON ONE: U.S. Trustee Unable to Appoint Committee
UPPER CUTS: Taps Richard B. Rosenblatt as Legal Counsel
US SILICA: Moody's Hikes CFR to B1; Outlook Stable

WILLIAM B. LAWTON: Hires Adams and Reese as Legal Counsel
WILLIAM B. LAWTON: Seeks to Hire Gray Law as Special Counsel
WYNIT DISTRIBUTION: Hires Goldman Sloan Nash as Canadian Counsel
[*] B3 Neg. and Lower Corp. Ratings List Down Again in September
[*] Law Firms' Claims For $25M in Damages From CFBP Tossed Out

[*] Zachary Smith Named to ABI's 2017 40 Under 40 List
[^] Recent Small-Dollar & Individual Chapter 11 Filings

                            *********

101 SAW MILL: Taps Houlihan & O'Malley as Real Estate Broker
------------------------------------------------------------
101 Saw Mill River Realty Corp. seeks approval from the U.S.
Bankruptcy Court for the Southern District of New York to hire a
real estate broker.

The Debtor proposes to employ Houlihan & O'Malley Real Estate
Services Inc. in connection with the lease of its property located
at 101 Saw Mill River Road, Hawthorne, New York.

The property will be leased at a monthly rent of $15,000 to $16,000
per month.

Houlihan will get a commission of 4% of the gross rent for the
first 10 years and 2% thereafter.

The firm does not hold any interest adverse to the Debtor or any of
its creditors, according to court filings.

Houlihan can be reached through:

     Gerry Houlihan
     Houlihan & O'Malley
     Real Estate Services Inc.
     133 Parkway Road  
     Bronxville, NY 10708
     Tel: 914-620-6432
     Fax: 914-337-7713

The Debtor is represented by:

     Anne J. Penachio, Esq.
     Penachio Malara, LLP
     235 Main Street, Sixth Floor
     White Plains, NY 10601
     Tel: (914) 946-2889
     Fax: (914) 946-2882
     Email: apenachio@pmlawllp.com
     Email: FMalara@PMLawLLP.com

             About 101 Saw Mill River Realty Corp.

101 Saw Mill River Realty Corp. sought protection under Chapter 11
of the Bankruptcy Code (Bankr. S.D.N.Y. Case No. 17-23278) on
August 17, 2017.  Michael Casarella, its managing member, signed
the petition.

101 Saw Mill River Realty listed its business as a single asset
real estate (as defined in 11 U.S.C. Section 101(51B)).  It is an
affiliate of Hudson Valley Hospitality Group, Inc., which sought
bankruptcy protection (Bankr. S.D.N.Y. Case No. 16-23590) on Nov.
11, 2016.  The Debtor is equally owned by Michael Casarella and Tom
Stratigakis.

At the time of the filing, 101 Saw Mill River Realty disclosed that
it had estimated assets and liabilities of $1 million to $10
million.

Judge Robert D. Drain presides over the case.  Penachio Malara, LLP
represents the Debtor as bankruptcy counsel.


1098 BLUE HILL: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: 1098 Blue Hill Avenue, LLC
        1098 Blue Hill Avenue
        Boston, MA 02124

Type of Business: Single Asset Real Estate (as defined
                  in U.S.C. Section 101(51B))

Case No.: 17-13836

Chapter 11 Petition Date: October 17, 2017

Court: United States Bankruptcy Court
       District of Massachusetts (Boston)

Judge: Hon. Frank J. Bailey

Debtor's Counsel: Gary W. Cruickshank, Esq.
                  LAW OFFICE GARY W. CRUICKSHANK
                  21 Custom House Street, Suite 920
                  Boston, MA 02110
                  Tel: (617) 330-1960
                  Fax: (617) 330-1970
                  E-mail: gwc@cruickshank-law.com

Estimated Assets: $1 million to 10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Joseph D. Jeudy, manager.  Mr. Jeudy
sought bankruptcy protection on Nov. 5, 2015 (Bankr. E.D. Mass.
Case No. 15-14324), which case was dismissed on April 24, 2017.

1098 Blue Hill Avenue did not file a list of its 20 largest
unsecured creditors together with the petition.

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

          http://bankrupt.com/misc/mab17-13836.pdf


424 COUNTRY CLUB: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------------
The Office of the U.S. Trustee on Oct. 17 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of 424 Country Club Road, LP.

                   About 424 Country Club Road

Based in Johnstown, Pennsylvania, 424 Country Club Road, LP, filed
a Chapter 11 petition (Bankr. W.D. Pa. Case No. 17-70696) on Sept.
18, 2017.  The petition was filed as a result of cash flow problems
related to a downturn in the golf industry as it relates to the
property of the Debtor.  The Debtor is represented by Theresa C.
Homady, Esq., at Homady & Corcoran, LLC.  The Debtor estimated less
than $1 million in assets and liabilities.


470 W 42 STREET: Hires Kurtzman Matera as Counsel
-------------------------------------------------
470 W 42 Street Gourmet Food, Inc., d/b/a Treehaus, seeks approval
from the United States Bankruptcy Court for the  Southern District
of New York to hire Kurtzman Matera, P.C. as attorneys.

Professional services required of Kurtzman Matera are:

     (a) give all legal advice with respect to the powers and
         duties of a debtor in possession in the continued
         operation of its business and management of its
         property;

     (b) take the necessary legal steps to enjoin and stay,
         until the entry of a final decree, pending actions and
         proceedings or those actions and proceedings;

     (c) prepare, on its behalf, all necessary papers including,
         but not limited to, petitions, answers, orders, reports,
         memoranda and all other legal papers necessary in the
         administration of this estate;

     (d) perform all other legal services which may be necessary;
         and

     (e) examine claims filed against the estate to establish the
         validity of the claims and the amounts due.

Kurtzman Matera, P.C. attests that neither the firm nor its
professionals have been and are now connected with any party or
creditor to the bankruptcy proceedings, and are disinterested
persons within the meaning of 11 U.S.C. Sec. 101(14).

Kurtzman Matera, P.C. will bill the estate at its normal hourly
rate of $525.00 per hour for attorney's time and $200.00 per hour
for paralegal's time. Kurtzman Matera, P.C. was paid a retainer of
$40,000.00 plus the filing fee of $1,717.00.

The Firm can be reached through:

     Rosemarie E. Matera, Esq.
     KURTZMAN MATERA, PC
     664 Chestnut Ridge Road
     Spring Valley, NY 10977
     Tel: (845) 352-8800
     Fax: (845) 352-8865
     E-mail: law@kmpclaw.com

              About 470 W 42 Street Gourmet Food Inc

470 W 42 Street Gourmet Food Inc. (doing business as Treehaus) is a
retail food store licensed by New York State Department of
Agriculture and Markets.  Its substantial assets are located at 470
W. 47th Street, New York, New York 10036.

470 W 42 Street Gourmet Food filed a Chapter 11 petition (Bankr.
S.D.N.Y. Case No. 17-12801) on October 5, 2017.  The petition was
signed by Michael C. Park, the Debtor's senior manager, president
and 60% shareholder.

Judge Sean H. Lane presides over the case.  Rosemarie E. Matera,
Esq. at Kurtzman Matera, P.C. represents the Debtor as counsel.

At the time of filing, the Debtor estimates $70,000 in assets and
$3.82 million in liabilities.


4L TECHNOLOGIES: Moody's Lowers CFR to B3 & Revises Outlook to Neg.
-------------------------------------------------------------------
Moody's Investors Service downgraded its Corporate Family Rating
("CFR") on 4L Technologies Inc. to B3 from B2 and downgraded the
Probability of Default Rating ("PDR") to B3-PD from B2-PD.
Concurrently, the rating on the company's existing senior secured
bank facility, comprised of $718 million in outstanding term loans
and an undrawn $65 million revolver, was downgraded to B3 from B2.
The ratings action is based principally on uncertainties related to
the timing of a stabilization in 4L Tech's business after a
multi-year contraction in sales and profitability. Based on these
uncertainties, the ratings outlook was concurrently revised to
negative from stable.

Moody's downgraded the following ratings:

Corporate Family Rating, Downgraded to B3 from B2

Probability of Default Rating, Downgraded to B3-PD from B2-PD

Senior Secured Revolving Credit Facility expiring 2019, Downgraded
to B3(LGD4) from B2(LGD4)

Senior Secured Term Loan maturing 2020, Downgraded to B3(LGD4)
from B2(LGD4)

Outlook revised to Negative from Stable

RATINGS RATIONALE

The B3 CFR is constrained by 4L Tech.'s elevated debt leverage of
nearly 7x (Moody's adjusted) as of June 30, 2017, especially in the
context of the business risks related to the company's limited end
market focus on remanufacturing and repair services for imaging
supplies, wireless devices, and telecom equipment. 4L Tech has
experienced progressively deteriorating business trends in the
company's core imaging business throughout much of the past 2 years
and more recently has been hampered by operational challenges
meeting customer demands within its wireless business segment. In
the 1H17, revenues have declined by more than 8% from year ago
levels with significant erosion in profitability metrics during
this period. The rating is also constrained by event risk in the
form of any potential loss of key customer contracts within a
concentrated client base as well as a high degree of execution risk
associated with the ongoing availability and collection of used
electronic assets or "raw materials" through diverse channels.
Positive ratings consideration is given to 4L Tech.'s leading
market position as a provider of remanufactured printer cartridges
as well as long term relationships with key customers.
Additionally, cost reduction efforts from labor force
rationalization and the continued consolidation of the company's
manufacturing footprint should drive an improvement in
profitability metrics while the possible sale of 4L Tech's telecom
equipment business could boost debt repayments.

Moody's expects 4L Tech. to maintain an adequate liquidity profile
over the next twelve months supported by a cash balance of $66
million as of June 30, 2017 and Moody's projections of modest free
cash flow. 4L Tech.'s liquidity is also bolstered by an undrawn $65
million revolving credit facility which matures in 2019, but
borrowing capacity is effectively limited to $19 million given the
springing covenant currently set at a maximum net leverage ratio of
4.25x (net leverage calculated at 6x at June 30, 2017).

The negative outlook reflects continued uncertainties relating to a
stabilization in 4L Tech's business, albeit at depressed levels, as
the company has been mired in a multi-year contraction in sales and
profitability.

What Could Change the Rating - Up

The ratings could be upgraded if 4L Tech. organically improves it
operating performance such that debt to EBITDA is sustained below
5.5x and annual free cash flow generation approaches 10% of debt.
An upgrade would also require a much higher level of customer and
product segment diversification, as well as commitment to
conservative financial policies with regards to shareholder
dividends and large, debt funded acquisitions.

What Could Change the Rating - Down

The ratings could be downgraded if 4L Tech. fails to demonstrate
revenue and EBITDA growth, is unable to sustain meaningful free
cash flow generation, or fails to materially reduce financial
leverage.

The principal methodology used in these ratings was Distribution &
Supply Chain Services Industry published in December 2015.

4L Tech. collects, remanufactures and distributes laser and inkjet
printer cartridges, wireless devices, and telecom equipment through
its network of approximately 70 global locations. The company's
main customers include leading office product retailers and
wireless carriers in the United States. 4L Tech. is majority owned
by Golden Gate Private Equity, Inc. ("Golden Gate").


A HELPING HAND TOO: Hires Louis G. Scott as Attorney
----------------------------------------------------
A Helping Hand Too, LLC seeks authorization from the U.S.
Bankruptcy Court for the Western District of Louisiana to employ
Louis G. Scott, Attorney at Law, as counsel to give the Debtor
legal advice with respect to its powers and duties as a
debtors-in-possession.

The Debtor agrees to pay Mr. Scott at the rate of $100 per hour,
with reasonable adjustments to the rate.

Louis G. Scott attests that he has no connections with the Debtor,
its Creditors or any other party in interest, their respective
attorneys and accountants, the U.S. Trustee or any person employed
in the office of the U.S. Trustee, that he represents no adverse
interest to the debtor, the debtor-in-possession or the debtor's
estate with respect to any of the matters upon which he has been
engaged and that he is 'disinterested' within the meaning of ll
U.S.C. Sections 327 and 11O7(b).

The Attorney can be reached through:

     Louis G. Scott, Esq.
     ATTORNEY AT LAW
     510 Pine Street
     Monroe, LA 71201
     Tel: (318) 323-6107
     Fax: (318) 387-9576

                     About A Helping Hand Too

A Helping Hand Too, LLC filed a Chapter 11 bankruptcy petition
(Bankr. W.D. La. Case No. 17-31512) on September 12, 2017.  The
Debtor previously filed a Chapter 11 bankruptcy petition (Bankr.
W.D.La. Case No. 16-31376) on September 10, 2016.  J. Garland
Smith, Esq. at J. Garland Smith & Associates serves as bankruptcy
counsel.

The Debtor's assets and liabilities are both below $1 million.


ABENGOA KANSAS: Taps Drinker Biddle as Co-Counsel
-------------------------------------------------
Abengoa Bioenergy Biomass of Kansas LLC seeks approval from the
U.S. Bankruptcy Court for the District of Kansas to hire Drinker
Biddle & Reath LLP.

The firm will serve as co-counsel with Armstrong Teasdale LLP,
another firm tapped by the Debtor to be its legal counsel.

Drinker Biddle will, among other things, provide legal advice to
the Debtor regarding its duties under the Bankruptcy Code;
negotiate with creditors; and advise the Debtor with respect to
restructuring alternatives, including pursuing confirmation of a
Chapter 11 plan.

The firm's hourly rates range from $390 to $870 for the services of
its attorneys and from $205 to $345 for paraprofessionals.

Vincent Slusher, Esq., and Patrick Jackson, Esq., the attorneys who
will be handling the case, will charge $870 per hour and $515 per
hour, respectively.

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

In accordance with Appendix B-Guidelines for reviewing fee
applications filed by attorneys in larger Chapter 11 cases, Mr.
Slusher disclosed that his firm has not agreed to any variations
from, or alternatives to, its standard or customary billing
arrangements and that it did not represent the Debtor during the
12-month period before the petition date.

Mr. Slusher also disclosed that his firm and the Debtor expect to
develop a prospective budget and staffing plan.

Drinker Biddle can be reached through:

     Vincent P. Slusher, Esq.
     Drinker Biddle & Reath LLP
     1717 Main Street, Suite 5400
     Dallas, TX 75201
     Phone: (469) 357-2571
     Fax: (469) 327-0860
     Email: vince.slusher@dbr.com

           About Abengoa Bioenergy Biomass of Kansas

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

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

Abengoa Kansas hired Armstrong Teasdale LLP, and DLA Piper LLP (US)
as counsel.

Petitioning creditor Brahma Group, Inc. is represented by Martin
Pringle Oliver Wallace & Bauer.  Petitioning creditors CRB Builders
LLC and Summit Fire Protection Co. are represented by Horn Aylward
& Bandy LLC.

The official committee of unsecured creditors is represented in the
Kansas bankruptcy case by Baker & Hostetler LLP and Cosgrove, Webb
& Oman.

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

On July 19, 2017, Drivetrain LLC filed a disclosure statement
explaining its proposed plan of liquidation for the Debtor.
Drivetrain is the liquidating trustee appointed pursuant to the
plans of liquidation approved in the Chapter 11 cases of the
Debtor's affiliates in St. Louis, Missouri.


ACOSTA GROUP: Seeks to Hire E.P. Bud Kirk as Legal Counsel
----------------------------------------------------------
The Acosta Group, LLC has filed anew an application seeking
bankruptcy court permission to employ E.P. Bud Kirk, Esq., as its
legal counsel.

The U.S. Bankruptcy Court for the Western District of Texas
previously denied the Debtor's initial application since it did not
disclose that the attorney also represents its sole member Jorge
Alberto Acosta in a Chapter 13 case filed in the bankruptcy court.

Mr. Kirk will advise the Debtor regarding its duties under the
Bankruptcy Code; review its pre-bankruptcy transactions; examine
tax claims; and assist in the preparation of a bankruptcy plan.

Mr. Kirk will charge an hourly fee of $300.  The hourly rate for
paralegal services is $90.

The Debtor paid the attorney a retainer in the amount of $3,283
prior to the petition date.

Mr. Kirk disclosed in a court filing that he does not hold any
interest adverse to the Debtor's estate, creditors and equity
security holders.

Mr. Kirk maintains an office at:

     E.P. Bud Kirk, Esq.
     600 Sunland Park Drive
     Building Four, Suite 400
     El Paso, TX 79912
     Phone: (915) 584-3773
     Fax: (915) 581-3452
     Email: budkirk@aol.com

                    About The Acosta Group LLC

The Acosta Group, LLC filed a Chapter 11 bankruptcy petition
(Bankr. E.D.Tex. Case No. 17-31416) on September 1, 2017.  The
Debtor's assets and liabilities are both below $1 million.  Judge
H. Christopher Mott presides over the case.


ALLISON TRANSMISSION: Fitch Affirms 'BB' IDRs; Outlook Stable
-------------------------------------------------------------
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings
(IDRs) of Allison Transmission Holdings, Inc. (ALSN) and its
Allison Transmission, Inc. (ATI) subsidiary at 'BB'. Fitch has also
affirmed ATI's secured revolving credit facility and secured B-3
term loan ratings at 'BB+'/'RR1' and ATI's senior unsecured notes
rating at 'BB'/'RR4'. Fitch's ratings apply to a $550 million
secured revolving credit facility (RCF), a $1.2 billion secured
term loan and $1.4 billion in senior unsecured notes. The Rating
Outlooks for ALSN and ATI are Stable.

KEY RATING DRIVERS

The ratings of ALSN and ATI continue to be supported by the
company's high margins and strong FCF, set against a backdrop of
elevated leverage. ALSN continues to lead the global market for
fully automatic transmissions for commercial vehicles, off-road
machinery and military equipment.

ALSN's market position in North America remains very strong, with
92% of the school buses and 70% of the medium-duty commercial
trucks manufactured in the region delivered with the company's
transmissions in 2016. In addition, 63% of the Class 8 straight
trucks and 36% of the Class A motorhomes produced in North America
in 2016 were manufactured with the company's transmissions. ALSN's
transmissions command a price premium, and Fitch expects the market
for commercial vehicle automatic transmissions in North America to
increase over time.

Outside North America, ALSN's market position is significantly
smaller, as the penetration of automatic transmissions in
commercial vehicles remains relatively low. However, acceptance of
fully automatic transmissions is increasing outside North America.
This has been especially true in certain emerging markets like
China and India, where ALSN is well positioned for future growth
opportunities. Over the longer term, Fitch expects automatic
transmissions to gain in popularity among commercial vehicle end
users outside North America for the same reasons that automatic
transmissions are increasingly used in North America, namely
ease-of-use and fuel efficiency.

Rating concerns include the heavy cyclicality of the global
commercial vehicle and off-highway equipment markets, volatile raw
material costs, the relative lack of global diversification in
ALSN's current business mix, and moderately high leverage. However,
it is notable that the company's transmissions are used primarily
in the vocational truck market, which is generally less cyclical
than the Class 8 linehaul tractor market. Nonetheless, a
broad-based global downturn in commercial vehicle or off-road
equipment demand would pressure ASLN's margins and FCF.

Competition in the industry has risen with the increased
penetration of automated manual transmissions (AMTs), which poses
some further risk to ALSN over the intermediate term. Over the much
longer term, the potential introduction of electric trucks,
particularly for use in urban areas, could pose a risk as well,
although ALSN's experience in manufacturing propulsion systems for
hybrid buses gives it an understanding of the technology
requirements of electrified powertrains. On the other hand, the
potential for driverless long-haul truck platooning using
diesel-powered tractors could increase the future market for
automatic transmissions in Class 8 linehaul tractors. Platooning
experiments are currently underway in several countries.

Fitch expects ALSN's EBITDA leverage (debt/Fitch-calculated EBITDA)
to run in the low- to mid-3x range over the intermediate term,
while FFO adjusted leverage will likely run in the mid- to high-3x
range. Both leverage metrics are somewhat elevated for the rating
category. EBITDA leverage should run near the lower end of the
expected range in the near term, despite higher debt levels, as a
result of strengthening demand in several of the company's end
markets driving EBITDA higher. However, FFO adjusted leverage could
run at the higher end of the range in the near term, as FFO is
weighed down somewhat by higher cash taxes. As of June 30, 2017,
ALSN's EBITDA leverage was 3.3x, while FFO adjusted leverage was
3.4x. Despite weaker end-market demand in the latter half of 2016,
ALSN's profitability has remained very strong by industry
standards, with an EBITDA margin of 36.7% in the LTM ended June 30,
2017.

ATI's recent issuance of $400 million in senior unsecured notes,
with proceeds earmarked for general corporate purposes, increased
the company's leverage above the June 30, 2017 level. Pro forma for
the incremental debt, EBITDA leverage at June 30, 2017 would have
been 3.8x. However, Fitch expects leverage to decline back toward
recent historical levels over the near- to intermediate-term. The
addition of another series of senior unsecured notes further
diversifies ALSN's capital structure. As of June 30, 2017, the
company had $205 million outstanding on its revolver, and the
company could choose to use a portion of the proceeds from the new
notes to repay those borrowings.

Although ALSN's leverage is high for its rating category, the
effect on its credit profile is mitigated by the company's very
strong profitability and FCF generation, which provides ALSN with
significant financial flexibility. Fitch expects ALSN to continue
producing strong FCF over the intermediate term, with post-dividend
FCF margins generally running in the high teens, which is quite
strong for a capital goods-related supplier. ALSN's capital
spending needs are relatively low, and Fitch expects its capital
intensity (capital spending/revenue) to run at about 4% over the
intermediate term. Fitch expects the company will deploy much of
its post-dividend FCF toward share repurchases, with some further
debt reduction, as the company's term loan amortizes. FCF after
dividends in the LTM was $416 million, equal to a very strong 21%
FCF margin, although as noted, Fitch expects FCF margins to
moderate somewhat going forward.

Over the past several years, ALSN has begun returning more cash to
shareholders through dividends and share repurchases. In November
2016, ALSN's board of directors authorized the company to
repurchase up to $1 billion in shares through year-end 2019, and in
February 2017, ALSN repurchased the entire stake in the company
held by ValueAct Capital for $363 million as part of the $1 billion
repurchase authorization. Largely as a result of that block share
repurchase, the net amount the company spent on share repurchases
in the LTM was $671 million, well above the amount ALSN typically
spends on repurchases. The company funded the repurchase of the
ValueAct shares with revolver borrowings and cash on hand. Fitch
expects that ALSN will continue to target most of its excess cash
toward share repurchases, although Fitch also expects the company
would pull back on repurchases if it needed to conserve liquidity.

ALSN has drawn interest from activist investors over the past
several years. As noted above, ValueAct no longer has a stake in
the company, and its representative did not stand for re-election
at ALSN's last annual meeting. However, Ashe Capital Management
continues to hold a 6.6% stake according to ALSN's most recent
proxy filing, and the company's shareholders elected a
representative of Ashe to the company's board at ALSN's 2017 annual
meeting. Although the potential influence of activists is a
concern, Fitch does not expect them to drive any significant
decisions detrimental to the company's creditors. However, Fitch
acknowledges that the repurchase of ValueAct's stake constituted a
relatively large use of cash and drove a slight increase in
leverage that Fitch views as temporary.

ALSN's pension obligations are modest, with an underfunded status
of only $4.5 million as of year-end 2016. The company's salaried
pension plan was closed to new entrants in 2007, and its hourly
plan was closed to new entrants in 2008. Benefits for hourly
employees who retired prior to Oct. 2, 2011 are covered under
General Motors Company's hourly plan. Fitch does not view ALSN's
pension obligations as a meaningful credit risk.

ATI's secured revolver and B-3 term loan are rated 'BB+'/'RR1', one
notch above ATI's IDR, reflecting Fitch's expectations for
outstanding recovery prospects of around 91%-100% in a distressed
scenario. This is due, in part, to their collateral coverage, which
includes virtually all of ATI's assets. Fitch notes that property,
plant, and equipment and intangible assets (including intellectual
property) composed about $1.7 billion of the $4.1 billion in assets
on ALSN's consolidated balance sheet at June 30, 2017.

DERIVATION SUMMARY

ALSN is among the smaller public capital-goods suppliers, with a
more focused and less diversified product offering. Compared with
suppliers such as Cummins, Inc., Dana Incorporated (bb+*/Stable*),
or Meritor, Inc. (B+/Stable), ALSN is smaller, with sales that are
less geographically diversified, as nearly 70% of ALSN's revenue is
derived in the U.S. That said, its share in many of the U.S.
end-market segments where it competes is very high, with over 50%
of the vehicles in certain segments fitted with ALSN's
transmissions.

Compared with other industrials in the 'BB' rating category, such
as Tenneco Inc. (BB+/Stable) or The Goodyear Tire and Rubber
Company (BB/Stable), ALSN's leverage is relatively high, but this
is offset by very strong margins and FCF generation. ALSN's EBITDA
leverage is roughly 0.5x-1.0x higher than many 'BB' category
issuers in the capital goods or auto supply industries. However,
its strong EBITDA margins are about double those of many
investment-grade capital goods or auto supply issuers, such as
BorgWarner Inc. (BBB+/Stable), while its post-dividend FCF margins
are about four to five times higher than many of those higher-rated
issuers.

KEY ASSUMPTIONS

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

-- Global end-market demand strengthens in 2017, following weak
    conditions in 2015 and 2016, leading to revenue growth in the
    mid-teens.

-- Beyond 2017, market conditions remain generally favorable,
    leading to more normalized revenue growth in the low-single-
    digit range.

-- EBITDA margins remain strong through the forecast, at around
    mid-30%, on higher demand levels, positive pricing and
    continued cost control.

-- The company repays outstanding revolver borrowings by year-end

    2017.

-- Debt declines over the next several years as the company makes

    amortization payments on its term loan.

-- Capital spending runs at about 4% over the next few years,
    roughly consistent with historical levels.

-- Total dividend spending is flat, assuming that any increases
    in the dividend rate are offset by a lower share count.

-- The company generally maintains a strong cash position, with
    excess cash used for share repurchases.

RATING SENSITIVITIES

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

-- A decline in Fitch-calculated EBITDA leverage to below 3.0x;
-- An increase in the global diversification of its revenue base;
-- Maintaining EBITDA and FCF margins at or above current levels;
-- Continued positive FCF generation in a weakened demand
    environment.

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

-- A sustained significant decline in EBITDA margins or an
    extended period of negative FCF;
-- A competitive entry into the market that results in a
    significant market share loss;
-- An increase in Fitch-calculated EBITDA leverage to above 4.0x
    for a prolonged period;
-- A merger or acquisition that results in higher leverage or
    lower margins over an extended period.

LIQUIDITY

Fitch expects ALSN's liquidity to remain adequate over the
intermediate term. At June 30, 2017, the company had $85 million in
cash and cash equivalents, which was lower than normal, although
the company's strong FCF-generating capability could allow it to
increase its cash balance in a relatively short period of time.
Typically, the company has carried between $150 million and $300
million in cash on its balance sheet. In addition to its cash, ALSN
had $227 million in availability on ATI's secured RCF at June 30,
2017 (prior to its upsizing) after accounting for $205 million in
borrowings and $18 million in letters of credit backed by the
facility. In September 2017, ALSN upsized the revolver to $550
million from $450 million.

Based on its criteria, Fitch treats non-U.S. cash, as well as and
cash needed to cover seasonal changes in working capital and other
obligations, as "not readily available" for purposes of calculating
net metrics. Fitch believes that ALSN's operating cash flow is
sufficient to cover the company's primary cash needs even in the
weakest period of a typical year, so seasonality is not a
significant factor in Fitch's calculation of this metric.
Therefore, Fitch only treats non-U.S. cash as "not readily
available" in its calculations. As of June 30, 2017, $57 million of
ALSN's $85 million cash balance was outside the U.S., leaving $28
million in "readily available cash". Fitch expects this will
increase significantly over the intermediate term as the company's
consolidated cash balance rises back to historical levels.

FULL LIST OF RATING ACTIONS

Fitch has affirmed the following ratings with a Stable Outlook:
Allison Transmission Holdings, Inc.

-- Long-term IDR at 'BB'.

Allison Transmission, Inc.

-- Long-term IDR at 'BB';
-- Secured revolving credit facility rating at 'BB+/RR1';
-- Secured term loan rating at 'BB+/RR1';
-- Senior unsecured notes rating at 'BB/RR4'.



ALLY FINANCIAL: S&P Affirms 'BB+' LT ICR, Outlook Remains Stable
----------------------------------------------------------------
S&P Global Ratings said it affirmed its 'BB+' long-term issuer
credit rating on Ally Financial Inc. The outlook remains stable. At
the same time, S&P affirmed its 'BB+' senior debt rating, 'BB-'
subordinated debt rating, 'B' trust preferred stock rating, and 'B'
short-term issuer credit rating.

S&P said, "The rating affirmation reflects our view that Ally has
maintained its underwriting discipline and market position amid
weakening credit conditions in vehicle finance while maintain
strong capital adequacy. Ally's consumer auto financing
originations were $17.5 billion through the first six months of
2017, compared to $18.4 billion through the first six months of
2016. The decrease was due to lower volume from the General Motors
channel, somewhat offset by higher volumes in Chrysler and other
channels, and Ally's focus on profitable originations over volume
levels. Meanwhile, its average commercial wholesale financing
balance was $35.5 billion during the first half of 2017, compared
to $31.8 billion during the first half of 2016. The increase was
primarily due to higher dealer inventory levels and an increase in
the mix of trucks and sport utility vehicles, which have higher
average prices than cars.

"The stable outlook reflects our expectation that Ally will
maintain its market position and disciplined underwriting amid
weakening credit conditions in vehicle finance. We expect
annualized consumer auto charge-offs to be 1.4%-1.6% and that Ally
will maintain a RAC ratio of 10.0%-11.0%

"We could consider an upgrade over the next 12-24 months if Ally
improves profitability, maintains deposit stability in the face of
rising interest rates, and maintains consumer auto net charge-offs
of 1.4%-1.6%. Also, we would expect Ally to maintain 18 months
coverage of unsecured debt maturities at the holding company with
cash and unencumbered highly liquid securities, and to
significantly reduce double-leverage.

"We could lower the ratings over the next 12-24 months if capital
adequacy unexpectedly weakens with a RAC ratio that drops below
10.0%, whether due to capital management actions, growth in
risk-weighted assets, rising credit losses, or other factors. We
could also lower the ratings if full year net charge-offs rise
materially above the expected 1.4%-1.6% of consumer auto average
receivables or full-year consolidated net charge-offs rise
materially above 1.0%."


ALTON BEAN: Wants To Obtain Financing From Transafac Capital
------------------------------------------------------------
Alton Bean Trucking, Inc., seeks permission from the U.S.
Bankruptcy Court for the Western District of Arkansas to obtain
credit and provide collateral to Transafac Capital, Inc.

The Debtor has contracted with Transfac Capital, Inc., to factor
the Debtor's business invoices/accounts receivable and provide
funding for the Debtor's operations for approximately eight years.
In consideration for GTB Transport, Inc.'s continuing as the sole
income source for the Debtor, the Debtor provided a first priority
security interest in equipment owned by the Debtor to Transfac as
security for GTB's agreement with Transfac.  The security interest
in the equipment was given in the ordinary course of the
relationship over a period of approximately six years and prior to
the filing of this bankruptcy case.  The equipment is not otherwise
encumbered and the security interest held by Transfac in that
equipment constitutes a first priority security interest.  

Payments on the debt owed by GTB to Transfac has become delinquent
and Alton Bean Trucking has filed this bankruptcy, causing Transfac
to become concerned about its collateral position.

Based upon the change of cash position of GTB and the Debtor and
pursuant to the Agreement, Transfac has ceased factoring
receivables as it is contractually allowed.  The Debtor and GTB
have been unable to meet their minimum operational requirements.

Transfac is willing to provide further and adequate funding to the
Debtor and GTB, upon conditions.  Transfac has requested additional
collateral in order to adequately protect its interest under the
Agreement.  Transfac will provide funding to GTB according to the
terms of the agreement with GTB dated Feb. 4, 2016, as amended.  In
exchange for continued factoring of receivables under the
Agreement, the Debtor has offered to provide, and Transfac has
agreed to accept as adequate protection and additional collateral
securing its pre- and post-petition debts, a first priority
security interest in additional equipment subject to court
approval.

The Additional Equipment is not otherwise encumbered and Transfac
would hold a first priority security interest in the Additional
Equipment that will secured Tranfac's pre- and post-petition debt
arising out of or related to its factoring of receivables under the
Agreement.

Further, as additional adequate protection, in exchange for
continued factoring of receivables under the Agreement, the Debtor
has offered to provide, and Transfac has agreed to accept as
adequate protection that the Equipment previously pledged to
Transfac will secure the post-petition debt of Transfac arising out
of or related to the factoring of receivables under the Agreement.


For clarity, the pre-petition collateral Equipment of Transfac will
serve as collateral for the pre- and post-petition debt, and the
post-petition collateral Additional Equipment will serve as
collateral for the pre- and post-petition debt.

The Debtor further agrees and requests to provide Transfac with a
copy of titles for and to the Additional Equipment and execute and
deliver all documentation to allow Transfac to perfect, to the
extent necessary, its first priority security interest in the
Equipment and the Additional Equipment.  The automatic stay of 11
U.S.C. Section 362 should be relaxed to allow perfection by
Transfac.

The Debtor also seeks to reaffirm its guaranty of GTB's debt to
Transfac.  The Debtor has also agreed not to seek a "cram-down" as
to Transfac in a Chapter 11 plan in this or any subsequent Chapter
11 case.  The Debtor agrees to negotiate an agreement with Domtar
that releases invoices currently held and prevent future holds on
Domtar invoices of GTB.

The funding provided by Transfac is necessary for the continued
operation of the Debtor as it ensures the ongoing operations of
GTB; the ongoing operations of GTB are vital for the payment of the
Debtor's creditors as GTB represents the sole source of income for
the Debtor.  No other funding source is available to GTB and
therefore to the Debtor.  

The Debtor warns the Court that without the prompt approval of its
request, the operations of the Debtor will cease and limit the
assets available to its creditors.

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

            http://bankrupt.com/misc/arwb17-72352-17.pdf

                     About Alton Bean Trucking

Headquartered in Amity, Arkansas, Alton Bean Trucking, Inc., was
founded in 1989.  It is engaged in the business of providing
trucking transportation services.

Alton Bean Trucking filed for Chapter 11 bankruptcy protection
(Bankr. W.D. Ark. Case No. 17-72352) on Sept. 20, 2017, estimating
its assets and liabilities at between $1 million and $10 million
each.  The petition was signed by Gary A. Bean, II, president.

Judge Ben T. Barry presides over the case.

Marc Honey, Esq., at Honey Law Firm, P.A., serves as the Debtor's
bankruptcy counsel.


AMERICAN APPAREL: Intercreditor Negotiations Delay Plan Completion
------------------------------------------------------------------
APP Winddown LLC, f/k/a American Apparel LLC, and its
debtor-affiliates have filed a third motion asking the U.S.
Bankruptcy Court for the District of Delaware to extend -- by
approximately 90 days -- the periods during which the Debtors have
the exclusive right to file and solicit acceptances to a Chapter 11
Plan, to January 18, 2018 and March 14, 2018, respectively.

The Debtors tell the Court that they have made substantial progress
in the liquidation of their assets and the winding down of their
estates.  More specifically:

     (a) On January 12, 2017, the Court entered an order approving
the sale of the Debtors' intellectual property and certain
wholesale assets to Gildan Activewear, SRL, as well as the Order
approving the sale and termination of certain of the Debtors'
leases.

     (b) The Gildan Sale closed on February 8, 2017, and for a
period of time thereafter, the Debtors actively provided Gildan
with transition services and conducted an extensive invoice
reconciliation process to finalize the total purchase price.

     (c) The Debtors ran store closing sales through the end of
April 2017, generating nearly $46 million in proceeds during the
period following the closing of the Gildan Sale. The proceeds
generated amounted to about $10.5 million more than the Debtors
projected at the time of the auction, and about $16 million more
than the highest retail liquidation equity bid they received at the
auction. At this time, the Debtors have completely exited all of
their leased locations -- including their headquarters and
manufacturing facilities, distribution center, and retail stores.

The Debtors relate that in the months leading up to the filing of
the Second Exclusivity Motion, they have disposed of additional
assets.  Some of these assets, including equipment and their Garden
Grove lease, were monetized for the benefit of creditors. In
addition, before filing the Second Exclusivity Motion, the Debtors
commenced the claims resolution process, setting various claim bar
dates and filing eight omnibus claims objections.

As early as January 2017, the Debtors tell the Court, they have
commenced discussions with their key stakeholders regarding the
consensual resolution of these chapter 11 cases. These discussions
led to in person meetings among the Debtors and certain of their
key stakeholders in April and June of 2017.

While the Debtors began the process of drafting a chapter 11 plan
of liquidation, the Debtors represent that in July 2017 they
learned that their lenders had begun negotiations to resolve their
inter-creditor disputes.

While the Debtors have prepared working drafts of a chapter 11 plan
of liquidation and a disclosure statement, the Debtors assert that
they are also awaiting the conclusion of the lender negotiations to
finalize those documents, as any consensual plan in these cases
will necessarily be influenced by the outcome of the same.

The Debtors understand that their lenders are in negotiations
around a potential settlement of their intercreditor disputes. As
such, the Debtors anticipate that when the Lender negotiations are
complete, they will be in a better position to file and confirm,
which they hope will be, a consensual plan resolving these cases.

By waiting, the Debtors want to avoid the unnecessary cost of
finalizing and filing a plan that does not contemplate a
settlement, only to amend it if and when a settlement is reached.
Thus, the Debtors believe it is in the best interest of their
estates and creditors to wait until the lender negotiations are
concluded to finalize and file a plan in these cases.

Thus, the Debtors seek a brief extension of the Exclusive Periods
in order to maintain the status quo and permit the Debtors to seek
confirmation of the contemplated plan without the interruption or
costs attendant to a competing plan process.

The Debtors are hopeful that they ultimately will not require the
full extended Exclusive Periods to complete the plan confirmation
process, but seek the extension in an abundance of caution in the
event of unexpected delays or extended inter-creditor
negotiations.

                About American Apparel

American Apparel Inc. was one of the largest apparel manufacturers
in North America, employing 4,700 employees across 3 active
manufacturing facilities, one distribution facility and
approximately 110 retail stores in the United States.

American Apparel and its affiliates filed for chapter 11 protection
in October 2015, confirmed a fully consensual plan of
reorganization in January 2016, and substantially consummated that
plan on Feb. 5, 2016.  Unfortunately, the business turnaround plan
upon which the Debtors' plan of reorganization was premised
failed.

American Apparel LLC, n/k/a APP Windown, LLC, along with five of
its affiliates, again sought bankruptcy protection (Bankr. D. Del.
Lead Case No. 16-12551) on Nov. 14, 2016, with a deal to sell the
assets.  The petitions were signed by Bennett L. Nussbaum, their
chief financial officer.

As of the bankruptcy filing, the Debtors estimated assets and
liabilities in the range of $100 million to $500 million each.  As
of the Petition Date, the Debtors had outstanding debt in the
aggregate principal amount of approximately $215 million under
their prepetition credit facility.  Additionally, the Debtors have
guaranteed one of their United Kingdom subsidiaries' obligations
under a $15 million unsecured note due Oct. 15, 2020, court
document shows.

The Debtors have hired Laura Davis Jones, Esq. and James E.
O'Neill, Esq., at Pachulski Stang Ziehl & Jones LLP as counsel;
Erin N. Brady, Esq., Scott J. Greenberg, Esq., and Michael J.
Cohen, Esq., at Jones Day as co-counsel; Berkeley Research Group,
LLC as financial advisors; Houlihan Lokey as investment banker; and
Prime Clerk LLC, as claims and noticing agent.

The Official Committee of Unsecured Creditors is represented by
lawyers at Bayard P.A. and Cooley LLP.

In early 2017, the Debtors succeeded in selling their intellectual
property and certain of their wholesale assets to Gildan Activewear
SRL for approximately $100 million. The Court approved the Sale on
January 12, 2017, and the Sale closed on February 8, 2017.

On February 9, 2017, in accordance with the closing of the Sale and
the Sale Order, the Debtors filed appropriate documentation to
change their names:

      New Name                     Former Name
      --------                     -----------
  APP Winddown, LLC             American Apparel, LLC
  APP USA Winddown, LLC         American Apparel (USA), LLC
  APP Retail Winddown, Inc.     American Apparel Retail, Inc.
  APP D&F Winddown, Inc.        American Apparel Dyeing &
                                    Finishing, Inc.
  APP Knitting Winddown, LLC    KCL Knitting, LLC
  APP Shipping Winddown, Inc.   Fresh Air Freight, Inc.


AMNEAL PHARMACEUTICALS: Moody's Affirms B1 CFR; Outlook Stable
--------------------------------------------------------------
Moody's Investors Service affirmed the ratings of Amneal
Pharmaceuticals, LLC, including the B1 Corporate Family Rating
(CFR), B1-PD Probability of Default Rating (PDR), and B1 senior
secured term loan ratings. This rating action follows the
announcement that Amneal will merge with Impax Laboratories, Inc.
("Impax") in an all-stock deal. The rating outlook is stable.

The merger is subject to regulatory and shareholder approval and it
is expected to close in the first half of 2018.

"Despite challenges in the generic drug sector, Amneal's product
pipeline is robust and combined with cost synergies, its earnings
will grow in 2018. Moody's estimates Amneal's debt to EBITDA at
close to increase to around 5 times (from 4.6 times on a standalone
basis) before any considerations for synergies. Credit metrics will
improve in 2018 from meaningful opportunities for cost synergies in
addition to ongoing restructuring activities at Impax. Including
first year realized synergies, Moody's believes debt to EBITDA will
improve to 4 times in 2018.

Rating actions:

Amneal Pharmaceuticals, LLC.

Ratings affirmed:

Corporate Family Rating at B1

Probability of Default Rating at B1-PD

Senior secured term loan at B1 (LGD4)

The rating outlook is stable.

RATINGS RATIONALE

The B1 Corporate Family Rating reflects Amneal's moderate size and
scale by revenue in the highly competitive generic pharmaceutical
industry. The rating is also constrained by the company's
significant concentration in the US, and by the volatility and
pricing pressure inherent in the generic drug industry.

The ratings are supported by Moody's view that Amneal's leverage
will moderate, improving to 4 times debt/EBITDA (including 1 year
of synergies) by 2018. Leverage will improve through a mix of cost
synergies and earnings growth. The ratings are also supported by
Amneal's significant manufacturing capacity in the US and India,
its diverse dosage-form development and manufacturing capabilities,
and in-house active pharmaceutical ingredient (API) production. The
company has a significant portfolio of new drugs on file with the
FDA and in development that will drive future growth. The ratings
are also supported by the company's strong quality track record and
good liquidity.

The merger will significantly improve Amneal's size and scale, with
net revenues exceeding $1.8 billion, and materially diversifying
Amneal's standalone product portfolio. It will also benefit from a
small, but growing branded business, namely Impax's Rytary, for the
treatment of Parkinson's Disease. That said, the company will
remain almost entirely concentrated in the US pharmaceutical
market, which will continue to face significant pricing pressure.
The transaction will be Amneal's largest, and brings significant
risk associated with the successful integration of both companies
with minimal disruption.

The stable outlook reflects Moody's expectation from moderating
leverage and a good earnings growth outlook, offset by integration
risk and a challenging pricing environment over the next 12 to 18
months.

The ratings could be downgraded if Moody's expects adjusted debt to
EBITDA to be sustained above 4.5x, meaningful integration
challenges arise, or if it faces operating disruptions from supply
issues. Moody's could upgrade the ratings if Amneal is expected to
maintain adjusted debt to EBITDA below 3.0 times and generate free
cash flow to debt of at least 10%. Amneal would also need to
demonstrate its ability to offset price pressures with new launches
as a combined company.

Headquartered in Bridgewater, New Jersey, Amneal Pharmaceuticals,
LLC, is a generic pharmaceutical manufacturer with facilities in
New York, New Jersey, and India. The company generates most of its
revenue in the US, with some presence internationally. Amneal
generated $1,034 million in revenue for the twelve months ended
June 30, 2017. The company is currently majority owned by its
founders and Tarsadia Investments

The principal methodology used in these ratings was Pharmaceutical
Industry published in June 2017.


APPVION INC: Hires Alan D. Holtz of AP Services as CRO
------------------------------------------------------
Appvion, Inc., and its debtor-affiliates seek authority from the
U.S. Bankruptcy Court for the District of Delaware to employ AP
Services, LLC and designate Alan D. Holtz as the chief
restructuring officer nunc pro tunc to October 1, 2017.

Services to be rendered by APS and Mr. Holtz are:

     a. assist in preparing budgets and 13-week cash forecasts
        and evaluating variances thereto, as required by the
        Company's lenders;

     b. assist in communications with, and meeting information
        needs of the Company's various constituencies, including
        potential exit lenders;

     c. assist with the preparation of the statement of financial
        affairs, schedules and other regular reports required by
        the Bankruptcy Court, as well as a Disclosure Statement
        and Plan of Reorganization;

     d. assist in the design, negotiation and implementation of
        a restructuring strategy;

     e. assist in the evaluation of executory contracts, claims
        and other financial and business areas related to the
        Company's motions to be filed with the Bankruptcy Court
        or the Company's response to motions filed by other
        parties-in-interest;

     f. provide testimony before the Bankruptcy Court on matters
        that are within the scope of this engagement and within
        APS's area of testimonial competencies; and

     g. assist with other matters as may be requested that fall
        within APS's expertise and that are mutually agreeable.

APS's current standard hourly rates for 2017 are:

        Managing Director  $960 - $1,135
        Director           $745 - $910
        Vice President     $550 - $660
        Associate          $380 - $520
        Analyst            $135 - $365
        Paraprofessional   $250 - $270  

Alan D. Holtz, Managing Director of AlixPartners, LLP and
authorized representative of APS, attests that APS is a
"disinterested person" as that term is defined by section 101(14)
of the Bankruptcy Code.

The CRO can be reached through:

        Alan D. Holtz
        AlixPartners LLP
        909 Third Avenue, Floor 30
        New York, NY 10022
        Phone: (646) 746-2497
        Mobile: (973) 449-3025
        Email: aholtz@alixpartners.com

                        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.

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

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: Hires Guggenheim Securities as Investment Banker
-------------------------------------------------------------
Appvion, Inc., and its debtor-affiliates seek authority from the
U.S. Bankruptcy Court for the District of Delaware to employ
Guggenheim Securities, LLC as the Debtors' investment banker.

Guggenheim Securities will provide these investment banking
services:

     (a) evaluate from a financial and capital markets point
         of view of alternative structures and strategies
         for implementing the Transaction;

     (b) prepare offering, marketing or other transaction
         materials concerning the Company and the Transaction
         for distribution and presentation to the Creditors,
         Acquirors and/or Investors;

     (c) develop and implement a marketing plan with respect
         to the Transaction;

     (d) identify and solicit, and review proposals received
         from, the Investors and other prospective Transaction
         Counterparties;

     (e) negotiate the Transaction;

     (f) provide financial advice and assistance to the Company
         in developing and seeking approval of any Transaction,
         including a Plan, which may be a plan under Chapter 11
         of the Bankruptcy Code confirmed in connection with
         these cases;

     (g) participate in hearings before the Court with respect
         to the matters upon which Guggenheim Securities has
         provided advice, including, as relevant, coordinating
         with the Company's legal counsel with respect to
         testimony in connection therewith; and

     (h) engage in other matters as may be agreed upon by
         Guggenheim Securities and the Company in writing during
         the term of Guggenheim Securities' engagement.

The Fee and Expense Structure agreed by the Debtor and Guggenheim
Securities states:

     (a) Monthly Fees. A non-refundable Monthly Fee of $150,000
         per month, due and payable on each monthly anniversary
         of the Engagement Letter during the term thereof,
         whether or not any Transaction is consummated.

     (b) Sale Transaction Fee(s). In the event the Company
         consummates a Sale Transaction or enters into an
         agreement pursuant to which a Sale Transaction is
         subsequently consummated, the Company will pay
         Guggenheim Securities, promptly upon the consummation
         of any Sale Transaction, a Sale Transaction Fee in an
         amount equal to $4,500,000.

     (c) Restructuring Transaction Fee(s). If any Restructuring
         Transaction is consummated, the Company will pay
         Guggenheim Securities a Restructuring Transaction Fee
         in the amount of $4,500,000.

     (d) Financing Fee(s) -- 225 basis points (2.25%) of the
         aggregate face amount of any new debt obligations to be
         issued or raised by the Company in any Debt Financing;
         300 basis points (3.00%) of the aggregate face amount
         of any new debt obligations to be issued or raised by
         the Company in any Debt Financing that is not covered
         in the previous fee; plus 500 basis points (5.00%) of
         the aggregate amount or stated value of any new capital
         issued or raised by the Company in any Equity Financing;
         plus other financing fees, underwriting discounts,
         placement fees or other compensation.

Ronen Bojmel, Senior Managing Director at Guggenheim Securities,
LLC, attests that his firm is a "disinterested person" as that term
is defined in section 101(14) of the Bankruptcy Code.

Guggenheim Securities can be reached through:

     Ronen Bojmel
     Guggenheim Securities, LLC
     330 Madison Avenue
     New York, NY 10017
     Phone: 312-977-4560

                        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 Bankruptcy
Code (Bankr. D. Del. Lead Case No. 17-12082).  The cases are
pending before the Honorable Kevin J. Carey.

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.


AQUILEX INTERMEDIATE: S&P Affirms Then Withdraws 'B' CCR
--------------------------------------------------------
S&P Global Ratings affirmed all of its ratings on Deer Park,
Texas-based Aquilex Intermediate Holdings LLC, including its 'B'
corporate credit rating.  

S&P said, "At the same time, we withdrew all of our issue-level
ratings on Aquilex's debt because it has been fully repaid.

"Subsequently, we withdrew our corporate credit rating on Aquilex
Intermediate Holdings LLC.

"These actions follow the closing of PSC Industrial Outsourcing
LP's $488 million acquisition of Aquilex Intermediate Holdings LLC.
Following the close of the transaction, we expect Aquilex to be
fully integrated with PSC's operations. Aquilex's outstanding debt
was fully repaid in conjunction with the acquisition close.
Therefore, we subsequently withdrew all of our ratings on the
company."


ARAMARK: S&P Alters Outlook to Negative, Debt Rating on Watch Neg.
------------------------------------------------------------------
U.S.–based Aramark announced definitive agreements to acquire
group purchasing organization (GPO) Avendra for $1.35 billion, and
uniform and linen rental company AmeriPride for $1 billion. Aramark
will finance both transactions through the issuance of new debt.
S&P Global Ratings believes these highly strategic but leveraged
acquisitions will weaken Aramark's credit metrics and estimate
adjusted debt to EBITDA will increase to about 5x pro forma for the
transactions from the mid-3x area at the end of fiscal year 2017.


As a result, S&P Global Ratings affirmed its 'BB+' corporate credit
rating on Philadelphia-based Aramark and revised the outlook to
negative from stable.

S&P said, "At the same time, we placed our Aramark issue-level
ratings, including our 'BBB-' rating on Aramark's senior secured
credit facilities and 'BB+' rating on the senior unsecured notes,
on CreditWatch with negative implications. We will resolve the
CreditWatch placement once we have greater clarity regarding the
funding plans, including the mix of secured and unsecured debt.

"Pro forma for the transaction, we estimate total debt outstanding
is about $7.6 billion.

"Our outlook revision reflects the expected deterioration of
Aramark's credit metrics due to its proposed acquisitions of
Avendra and AmeriPride, which it will finance primarily with new
debt. We estimate pro forma adjusted debt to EBITDA will increase
to about 5x compared to our prior forecast for the mid-3x area at
the end of fiscal year 2017. We believe these proposed
transactions, particularly the Avendra deal, are highly strategic,
and should enhance the company's performance once integrated.
However, Aramark's core competency does not presently lie in the
GPO space. It is possible this adjacent business could expose
Aramark to unanticipated risks, notwithstanding the fact that it
already has a very small GPO operation."   

The negative outlook reflects the pro forma credit metric
deterioration that will result from the proposed transactions and
the inherent integration risks associated with making two large
acquisitions and the resulting potential for Aramark to struggle to
restore credit ratio near pre-acquisition levels over the next
18-24 months.  

S&P said, "We could revise the outlook to stable if the company
successfully integrates these two acquisitions and realizes cost
synergies as planned, and continues to strengthen credit metrics,
including improving adjusted debt to EBITDA towards the low- to
mid-4x range with a clear path to deleveraging below 4x through a
combination of EBITDA growth and debt reduction. An outlook
revision to stable also requires our continued belief that the
company is committed to its 3.0x-3.5x unadjusted leverage metric.

"We could lower the ratings over the next year if there's
unexpected operating missteps in the integration, leading to weaker
profitability and cash flows and adjusted debt to EBITDA sustained
above the mid-4x area. These large transactions could take time to
absorb and unexpected integration difficulties could weaken the
company's earnings growth and cash flows, possibly delaying
deleveraging. Since the GPO segment is an adjacent business that
has not been Aramark's core competency, it's possible unanticipated
risks could emerge."


ARCAPITA BANK: Bahrain Islamic, Tadhamon Can't Dodge Ch 11 Lawsuits
-------------------------------------------------------------------
Alex Wolf, writing for Bankruptcy Law360, reports that a New York
Bankruptcy Court ruled that Bahrain Islamic Bank and Tadhamon
Capital BSC cannot avoid Chapter 11 clawback lawsuits brought by
Arcapita Bank BSC's creditors.  The parties knowingly availed
themselves of the U.S. court system by conducting transactions
through domestic accounts, the report says, citing the Court.

                      About Arcapita Bank

Arcapita Bank B.S.C., also known as First Islamic Investment Bank
B.S.C., along with affiliates, filed for Chapter 11 protection
(Bankr. S.D.N.Y. Lead Case No. 12-11076) in Manhattan on March 19,
2012.  The Debtors said they do not have the liquidity necessary to
repay a US$1.1 billion syndicated unsecured facility when it comes
due on March 28, 2012.

Falcon Gas Storage Company, Inc., filed a Chapter 11 petition
(Bankr. S.D.N.Y. Case No. 12-11790) on April 30, 2012.  Falcon Gas
is an indirect wholly owned subsidiary of Arcapita that previously
owned the natural gas storage business NorTex Gas Storage Company
LLC.  In early 2010, Alinda Natural Gas Storage I, L.P. (nka Tide
Natural Gas Storage I, L.P.), Alinda Natural Gas Storage II, L.P.
(nka Tide Natural Gas Storage II, L.P.) acquired the stock of
NorTex from Falcon Gas for $515 million.  Arcapita guaranteed
certain of Falcon Gas' obligations under the NorTex Purchase
Agreement.

The Debtors tapped Gibson, Dunn & Crutcher LLP as bankruptcy
counsel, Linklaters LLP as corporate counsel, Towers & Hamlins LLP
as international counsel on Bahrain matters, Hatim S Zu'bi &
Partners as Bahrain counsel, KPMG LLP as accountants, Rothschild
Inc. and financial advisor, and GCG Inc. as notice and claims
agent.

Milbank, Tweed, Hadley & McCloy LLP represented the Official
Committee of Unsecured Creditors.  Houlihan Lokey Capital, Inc.,
served as its financial advisor and investment banker.

Founded in 1996, Arcapita is a global manager of Shari'ah-compliant
alternative investments and  operates as an investment bank.
Arcapita is not a domestic bank licensed in the United States.
Arcapita is headquartered in Bahrain and is regulated under an
Islamic wholesale banking license issued by the Central Bank of
Bahrain.  The Arcapita Group employs 268 people and has offices in
Atlanta, London, Hong Kong and Singapore in addition to its Bahrain
headquarters.  The Arcapita Group's principal activities include
investing on its own account and providing investment opportunities
to third-party investors in conformity with Islamic Shari'ah rules
and principles.

The Arcapita Group had roughly US$7 billion in assets under
management.  On a consolidated basis, the Arcapita Group owns
assets valued at roughly US$3.06 billion and has liabilities of
roughly US$2.55 billion.  The Debtors owe US$96.7 million under two
secured facilities made available by Standard Chartered Bank.

Arcapita explored out-of-court restructuring scenarios but was
unable to achieve 100 percent lender consent required to effectuate
the terms of an out-of-court restructuring.

Subsequent to the Chapter 11 filing, Arcapita Investment Holdings
Limited, a wholly owned Debtor subsidiary of Arcapita in the Cayman
Islands, issued a summons seeking ancillary relief from the Grand
Court of the Cayman Islands with a view to facilitating the Chapter
11 cases.  AIHL sought the appointment of Zolfo Cooper as
provisional liquidator.

As reported in the TCR on Jun 19, 2013, the Bankruptcy Court for
the Southern District of New York entered its Findings of Fact,
Conclusions of Law, and Order confirming the Second Amended Joint
Chapter 11 Plan of Reorganization of Arcapita Bank B.S.C.(c) and
Related Debtors with respect to each Debtor other than Falcon Gas
Storage Company, Inc.

A copy of the Confirmed Second Amended Joint Plan (With First
Technical Modifications) is available at:

          http://bankrupt.com/misc/arcapita.doc1265.pdf  

The effective date of the Debtors' Second Amended Joint Plan of
Reorganization, dated as of June 11, 2013, occurred on Sept. 17,
2013.


ART & DENTISTRY: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------
The Office of the U.S. Trustee on Oct. 17 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Art & Dentistry, LLC.

                   About Art & Dentistry, LLC

Art & Dentistry, LLC -- http://www.artanddentistry.com-- is a
dental services organization with offices in Bethesda, Potomac,
Rockville, and Washington DC.  The Company's services include
family and general dentistry, CEREC one-visit crowns, traditional
orthodontics, cosmetic dentistry, invisalign clear braces,
porcelain veneers, teeth whitening, dental implants, sedation
dentistry and botox cosmetic and juvaderm.

Art & Dentistry, LLC, based in Bethesda, Maryland, filed a Chapter
11 petition (Bankr. D. Md. Case No. 17-22579) on Sept. 20, 2017.
The Hon. Wendelin I. Lipp presides over the case.  David E. Lynn,
Esq., at David E. Lynn, P.C., serves as bankruptcy counsel.

In its petition, the Debtor estimated $100,000 to $500,000 in
assets and $1 million to $10 million in liabilities.  The petition
was signed by Ellen Brodsky, managing member.


AURORA DIAGNOSTICS: Incurs $16.2 Million Net Loss in 1st Quarter
----------------------------------------------------------------
Aurora Diagnostics Holdings, LLC, filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss of $16.19 million on $67.81 million of net revenue for the
three months ended March 31, 2017, compared to a net loss of $7.59
million on $68.75 million of net revenue for the three months ended
March 31, 2016.

As of March 31, 2017, Aurora Diagnostics had $238.9 million in
total assets, $474.9 million in total liabilities and a $235.95
million members' deficit.

"We require significant cash flow to service our debt obligations,
including contingent notes," the Company said in the report.  "In
addition to servicing our debt, we use cash to make acquisitions,
purchase property and equipment and otherwise fund our operations.
Cash used to fund our operations excludes the impact of non-cash
items, such as the allowance for doubtful accounts, depreciation,
impairments of goodwill and other intangible assets, changes in the
fair value of the contingent consideration and non-cash stock-based
compensation, and is impacted by the timing of our payments of
accounts payable and accrued expenses and collections of accounts
receivable."

As of March 31, 2017, the Company had cash and cash equivalents of
$17.4 million and working capital of $11.8 million, and the Company
had $14.0 million available under its revolving credit facility.
The Company's senior secured credit facility matures on July 14,
2019, but is subject to an accelerated maturity date of Oct. 14,
2017, and will become due in 2017, if more than $2.6 million in
aggregate principal amount of our Existing Senior Notes are not
refinanced or their maturity is not extended prior to
Oct. 14, 2017.

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

                     https://is.gd/Ji5ZA7

                   About Aurora Diagnostics

Headquartered in Palm Beach Gardens, Florida, Aurora Diagnostics
Holdings, LLC, through its subsidiaries, provides physician-based
general anatomic and clinical pathology, dermatopathology,
molecular diagnostic services and other esoteric testing services
to physicians, hospitals, clinical laboratories and surgery
centers.  The company recognized approximately $260 million in
revenue for the 12 months ended June 30, 2013.  The company is
majority owned by equity sponsors KRG Capital Partners and Summit
Partners.

Aurora Diagnostics reported a net loss of $29.14 million on $284.03
million of net revenue for the year ended Dec. 31, 2016, compared
to a net loss of $83.43 million on $263.74 million of net revenue
for the year ended Dec. 31, 2015.

                           *    *    *

In April 2016, Moody's Investors Service downgraded the Corporate
Family Rating of Aurora Diagnostics to 'Caa3' from 'Caa2' and the
Probability of Default Rating to 'Caa3-PD' from 'Caa2-PD'.  The
downgrade reflects Moody's heightened expectation that Aurora will
pursue some transaction within the next 12 months which the rating
agency would consider a default.  This could include a transaction
which Moody's considers a distressed debt exchange, or a bankruptcy
filing.

As reported by the TCR on June 12, 2017, S&P Global Ratings lowered
its corporate credit rating on Aurora Diagnostic Holdings LLC to
'SD' (selective default) from 'CC'.  S&P subsequently withdrew all
of its ratings on Aurora and its subsidiary at the company's
request.


AUTO MASTERS: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------
Lead Debtor: Auto Masters, LLC
             4601 Nolensville Rd
             Nashville, TN 37211

Type of Business: Auto Masters -- https://driveautomasters.com/ --
                  is a "Buy Here Pay Here" used car dealer in
                  Nashville that offers financing to customers for
                  the cars they sell.  The company has dealership
                  locations in Nashville, Smyrna, Franklin,
                  Hermitage, Madison, Clarksville, West
                  Nashville and Thompson Lane (Nashville).

Chapter 11 Petition Date: October 17, 2017

Debtor affiliates that simultaneously filed Chapter 11 petitions:

    Debtor                                    Case No.
    ------                                    --------
    Auto Masters, LLC (Lead Case)             17-07036
    AMC Finance, LLC                          17-07038
    America's United Financial, LLC           17-07041
    Capital Partners, LLC                     17-07042
    Auto Masters of Clarksville, LLC          17-07045
    Direct Auto Finance, LLC                  17-07046
    Auto Masters of Franklin, LLC             17-07047
    Auto Masters of Hermitage, LLC            17-07048
    Auto Masters of Madison, LLC              17-07049
    Auto Masters of Nashville, LLC            17-07050
    One Source Financial, LLC                 17-07051
    Auto Master Sales & Services, Inc.        17-07052
    Southeast Financial, LLC                  17-07053
    Auto Masters of Smyrna, LLC               17-07054
    Auto Masters of West Nashville, LLC       17-07055

Court: United States Bankruptcy Court
       Middle District of Tennessee (Nashville)

Judge: Hon. Charles M Walker

Debtors' Counsel: Griffin S. Dunham, Esq.
                  DUNHAM HILDEBRAND, PLLC
                  2510 Franklin Pike, Suite 210
                  Nashville, TN 37204
                  Tel: 615-933-5850
                  Fax: 615-777-3765
                  Email: griffin@dhnashville.com

                    - and -

                  Henry E Hildebrand IV, Esq.
                  DUNHAM HILDEBRAND, PLLC
                  1704 Charlotte Avenue, Suite 105
                  Nashville, TN 37203
                  Tel: 615-933-5851
                  Fax: 855-510-7142
                  Email: ned@dhnashville.com

                    - and -
     
                  Alex R. Payne, Esq.
                  DUNHAM HILDEBRAND, PLLC
                  1704 Charlotte Avenue, Suite 105
                  Nashville, TN 37203
                  Tel: 629-777-6529
                  Fax: 615-777-3765
                  Email: alex@dhnashville.com

Estimated Assets: $10 million to $50 million

Estimated Debt: $50 million to $100 million

The petition was signed by Mahan M. Janbakhsh, member.  A full-text
copy of Auto Masters' Chapter 11 petition is available for free
at:

http://bankrupt.com/misc/tnmb17-07036.pdf

Auto Masters' List of 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
ABC Birmingham                                              $440

ABC Bowling Green                                           $320

ADESA Birmingham                                          $1,274

ADT                                                         $487

AFLAC                                                       $788

Burr Forman LLP                                          $24,118

CliftonLarsonAllen LLP                                   $10,910

CS & A INS                                                $6,040

Employers Preferred Ins. Co.                              $1,785

Fred Pryor Seminars                                         $458

Internal Revenue Service                                 $15,510

Juan Diego Rodriguez                                        $500

LOOMIS                                                    $1,588

Manheim Nashville                                           $850

Mark's Mattress Outlet                                    $3,256

Metropolitan Trustee                                        $693

Ovation Finance                Commercial Paper       $7,400,000
Holdings 2, LLC
805 Las Cimas Pkwy
Suite 350
Austin, TX 78746

Symetra Life Insurance Company                              $222

Tennessee Department of Revenue                          $92,989

US Bank                                                     $385



BARTON FOOD: Hires Gammon Law Office as Special Counsel
-------------------------------------------------------
Barton Food Mart, Inc. seeks approval from the U.S. Bankruptcy
Court for the Western District of Texas, Austin Division, to hire
Gammon Law Office, PLLC as special counsel for the Debtor.

The Debtor proposes to employ GAMMON to pursue appeal of judgment
entered in Travis County District Court and defend any actions for
possession of the Debtor's real property.

Standard rates Gammon charges for its services are:

     Attorneys      $375/hr
     Sr. Paralegal  $175/hr
     Paralegal      $125/hr

William Gammon attests that Gammon Law Office is a disinterested
person within the meaning of Sections 101(14) and 327 of the
Bankruptcy Code.

The Counsel can be reached through:

     William Gammon, Esq.
     GAMMON LAW OFFICE
     1201 Spyglass Drive, Suite 100
     Austin, TX 78746,
     Tel: 512-444-4529
     E-mail: billgammon@me.com

                      About Barton Food Mart

Based in Austin, Texas, Barton Food Mart, Inc. filed a Chapter 11
petition (Bankr. W.D. Tex. Case No. 17-10963) on August 2, 2017.
The Debtor estimated less than $1 million in both assets and
liabilities.  Stephen W. Sather, Esq., at Barron & Newburger, P.C.
represents the Debtor as counsel.


BCW EXPRESS: Hires Gudeman & Associates as Counsel
--------------------------------------------------
BCW Express Delivery Inc., seeks approval from the U.S. Bankruptcy
Court for the Eastern District of Michigan, Northern Division, to
hire Gudeman & Associates, P.C. as counsel to represent and assist
the Debtor in all facets of the reorganization.

Hourly rates charged Gudeman & Associates, P.C. are:

     Edward J. Gudeman                     $350.00
     Brian Rookard                         $300.00
     Ashton J. Briggs (Legal Assistant)    $100.00
     Rachel Tanner (Legal Assistant)       $100.00
     Kelly Darr (Legal Assistant)           $90.00

Edward J. Gudeman attests that the partners and associates of
Gudeman & Associates, P.C. are disinterested pursuant to Sections
101(14) and 101(45) of the Bankruptcy Code and have had no
connection with the Debtor-in-Possession, creditors or any other
party in interest, their respective attorneys or accountants, the
U.S. Trustee or any of their employees.

The Counsel can be reached through:

     Edward J. Gudeman, Esq.
     Brian A. Rookard, Esq.
     Gudeman and Associates, P.C.
     1026 West 11 Mile Road
     Royal Oak, MI 48067
     Tel: 248-546-2800
     Email: ejgudeman@gudemanlaw.com

                    About BCW Express Delivery

BCW Express Delivery, Inc., a Michigan corporation, owns several
Federal Express routes located geographically from Port Huron to
Chesterfield, Michigan.  The business is located at 5290 River Rd.,
East China, MI.

BCW Express Delivery filed a Chapter 11 petition (Bankr. E.D. Mich.
Case No. 17-52368) on Aug. 31, 2017.  The petition was signed by
William Channon Worthen, president.  At the time of filing, the
Debtor estimated less than $50,000 in assets and $100,000 to
$500,000 in liabilities.

The Debtor is represented by Edward J. Gudeman, Esq., at Gudeman &
Associates, P.C.


BEAZER HOMES: Fitch Affirms B- IDR & Changes Outlook to Positive
----------------------------------------------------------------
Fitch Ratings affirmed the Issuer Default Rating (IDR) of Beazer
Homes USA, Inc.'s (BZH) at 'B-'. Fitch also affirmed BZH's senior
secured revolving credit facility at 'BB-/RR1', senior unsecured
notes at 'B-/RR4' and junior subordinated notes at 'CCC/RR6'. BZH's
Rating Outlook is revised from Stable to Positive.

KEY RATING DRIVERS

Positive Outlook: BZH's Positive Outlook reflects Fitch's view that
the company will meet or exceed Fitch's thresholds for 'B' IDR
within the next 12-24 months. In particular, BZH's debt/EBITDA and
net debt/capitalization (excluding $100 million of cash) will be
6.6x and around 60% by fiscal year-end 2018, respectively, per
Fitch's forecasts. This compares to Fitch's 'B' IDR sensitivities
of 8x and 60%, respectively. Fitch's forecast takes into account
continued improvement in the housing market and assumes that BZH
can execute on their strategy of modest community growth while
reducing debt.

Deleveraging Strategy: BZH reduced its total debt by almost $200
million since year-end fiscal 2015 and intends to pay down an
additional $100 million through fiscal 2018. However, leverage
remains elevated with debt/EBITDA at 8.3x and net
debt/capitalization (excluding $100 million of cash classified by
Fitch as restricted for working capital) at 67%. Fitch expects
debt/EBITDA will settle at around 8x and net debt/capitalization
around 64% by year-end fiscal 2017.

Well-Laddered Debt Maturity Schedule: BZH completed several
transactions during the past 12 months that pushed out its debt
maturities and lessened refinancing risk relating to debt maturing
in 2018 and 2019. The company's next debt maturity is in June 2019,
when $96 million of senior notes become due, and then the next
major maturity is $500 million in 2022.

Focus on Growth After Prioritizing Debt Reduction: BZH has
increased investment in land so far this year following lower
spending in fiscal 2016 as the company focused on debt reduction.
For all of fiscal 2017, Fitch expects BZH's total land and
development spending will be meaningfully above the $337 million
spent during fiscal 2016. The company is also activating previously
mothballed land, which should support community count growth.

Modest Geographic Diversity: BZH was the 11th largest homebuilder
in 2016 (based on closings) and has active operations in 31 markets
in 13 states across the country. The company ranks among the top 10
builders in a number of its metro markets.

Exposure to Entry Level: BZH has high exposure to the
credit-challenged entry level market, wherein about 60% of its
customers are first-time home buyers. The company is expanding its
Gathering business (targeting active adult buyers) across its
geographic footprint and has accelerated its operational and land
investment to support its rollout.

DERIVATION SUMMARY

BZH's 'B-' IDR reflects the company's thin cushion to absorb a
housing downturn relative to peers despite the US housing market
being in its sixth year of an upcycle. BZH has weaker credit
metrics, particularly higher leverage, than most of its peers,
including M/I Homes (B+/Positive) and KB Home (B+/Positive) but is
better positioned relative to Hovnanian Enterprises, Inc. (CCC).

As of June 30, 2017 net-debt-to-capitalization is 67%,
debt-to-EBITDA is 8.3x and inventory-to-debt is 1.2x. Positively,
Fitch expects continued positive fundamentals in the housing in the
near term. BZH is starting to generate positive FCF, part of which
it plans to use to pay down debt ($100 million through FY2018), and
the company has healthy liquidity with no major maturities until
2022. Fitch projects net-debt-to-capitalization to decline to 60%
by FY2018 and to 56% by FY2019, which is more consistent with a 'B'
IDR.

As the 11th largest homebuilder in the U.S., BZH delivered 5,419
homes during its FY16. The company is smaller and less
geographically diversified than KB Home and Hovnanian but is
slightly larger and has better geographic diversification than M/I
Homes. While BZH's customer and product focus is diversified, it
has heavier weighting to the first time homebuyer segment.

KEY ASSUMPTIONS

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

-- Total housing starts increase 3% (single-family starts improve

    8.5%) in 2017 and 5% (single-family starts advance 7.5%) in
    2018;
-- Beazer's homebuilding revenues increase 2% in fiscal 2017 and
    6% in fiscal 2018;
-- Land and development spending in FY17 is nearly 30% higher
    than the $337 million spent in FY16;
-- Beazer generates cash flow from operations of $50 million to
    $100 million in FY17.

RATING SENSITIVITIES

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

BZH's ratings are constrained in the intermediate term by weak
credit metrics and high leverage. However, positive rating actions
may be considered if the recovery in housing is maintained and is
meaningfully better than Fitch's current outlook, if BZH shows
continuous improvement in credit metrics (including net
debt/capitalization below 60%, debt/EBITDA consistently below 8x
and interest coverage above 2x), and if the company preserves a
healthy liquidity position.

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

Fitch may consider negative rating actions if the company's
liquidity profile deteriorates considerably or credit metrics
deteriorate from current levels, including debt/EBITDA consistently
above 10x and interest coverage below 1x.

LIQUIDITY

BZH ended the June 2017 quarter with $168.4 million of unrestricted
cash and $140.1 million of borrowing availability under its $180
million secured revolving credit facility that matures in February
2019. Fitch expects BZH will maintain unrestricted cash and
revolver availability of at least $200 million to $250 million in
the near to intermediate term. The company's next debt maturity is
in June 2019, when $96 million of senior notes become due, and then
the next major maturity is $500 million in 2022.

FULL LIST OF RATING ACTIONS

Fitch has affirmed the following ratings:

Beazer Homes USA, Inc.

-- IDR at 'B-';
-- Senior secured credit facility at 'BB-/RR1';
-- Senior unsecured notes at 'B-/RR4';
-- Junior subordinated notes at 'CCC/RR6'.

The Outlook has been revised to Positive from Stable.


BEDROCK HOLDINGS: Hires Kercher PC as Bankruptcy Counsel
--------------------------------------------------------
Bedrock Holdings, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Eastern District of Pennsylvania to employ
The Law Office of Kevin K. Kercher, Esq., PC as counsel.

The Debtor requires Kercher to:

     a. provide the Debtor with legal services with respect to
their power and duties as Debtor-in-Possession in continuing the
management of their assets;

     b. prepare on behalf of the Debtor necessary Applications,
Answers, Orders, Reports, and other legal papers;

     c. represent the Debtor in any matters involving contests with
secured or unsecured creditors;

     d. assist the Debtor in providing legal services required to
negotiate and prepare a plan of reorganization; and

     e. perform other legal services for the Debtor as are
necessary and appropriate herein.

Kercher will be paid at these hourly rates:

      Kevin K. Kercher, Esq.               $300
      Lorrie Mccans, paralegal             $75

Prior to the filing of this case, Kercher have received the
sum of $1,700.00 from the Debtor.

Kevin K. Kercher, Esq., The Law Office of Kevin K. Kercher, Esq.,
PC, assured the Court that the firm is a "disinterested person" as
the term is defined in Section 101(14) of the Bankruptcy Code and
does not represent any interest adverse to the Debtor and its
estates.

Kercher may be reached at:

      Kevin K. Kercher, Esq.
      The Law Office of Kevin K. Kercher, Esq., PC
      881 Third St., Suite #C-2
      The Fullerton Bldg.
      Whitehall, PA 18052
      Tel: 610-264-4120
      Fax: 610-264-2990

                   About Bedrock Holdings, Inc.

Bedrock Holdings, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. E.D.Pa. Case No. 17-16283) on September 14, 2017. Kevin K.
Kercher, Esq., at The Law Office of Kevin K. Kercher, Esq., PC
serves as bankruptcy counsel.

The Debtor's assets and liabilities are both below $1 million.


BEST ROAD VIEW: Unsecureds to Get 5% in 5 Annual Installments
-------------------------------------------------------------
Best Road View, LLC, filed with the U.S. Bankruptcy Court for the
Northern District of New York a disclosure statement describing its
plan of reorganization, dated Oct. 10, 2017.

Under the plan, general unsecured creditors are classified in Class
4 and will receive a distribution of 5% of their allowed claims to
be distributed in five equal annual installments.

The Plan will be funded from the ongoing capital contributions of
the Debtor's principals to the extent necessary. As with the
operations prior to the filing of the petition herein and during
the administration of the case, management of the Debtor will be by
the managing member, Sergey Petchkevichus. Mr. Petchkevichus will
be responsible for the Debtor's ongoing operations and will be the
disbursing agent of the Debtor responsible for making all payments
to or on behalf of creditors required by this Plan and by the Order
approving it.

As the plan proposes liquidation of all of Debtor's assets in order
to satisfy outstanding claims, the only ongoing costs until such
sale are the quarterly fees assessed by the U.S. Trustee's office.
All holders of claims will be paid through the proceeds of the sale
of Debtor's Property.

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

     http://bankrupt.com/misc/nynb16-11968-1-35.pdf

                About Best Road View, LLC

Best Road View, LLC filed a voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. N.D.N.Y. Case No.
16-11968) on October 28, 2016.  The Debtor is represented by
Michael Leo Boyle, Esq., at Tully Rinckey PLLC.


BRONX MIDTOWN: Taps Shipkevich as Legal Counsel
-----------------------------------------------
Bronx Midtown Locksmiths seeks approval from the U.S. Bankruptcy
Court for the Southern District of New York to hire legal counsel
in connection with its Chapter 11 case.

The Debtor proposes to employ Shipkevich PLLC to, among other
things, give legal advice regarding its duties under the Bankruptcy
Code; assist in its financial transactions; prosecute actions to
protect its estate; and assist in the preparation and
implementation of a plan of reorganization.

The firm's standard hourly rates are:

     Partners             $500   
     Associates           $350     
     Paralegals           $200  
     Legal Assistants     $150

The firm's Cristina M. Lipan, Esq., disclosed in a court filing
that she and her firm are "disinterested" as defined in section
101(14) of the Bankruptcy Code.

The firm can be reached through:

     Cristina M. Lipan, Esq.
     Shipkevich PLLC
     65 Broadway, Suite 508
     New York, NY 10006
     Phone: (212) 252-3003
     Fax: (888) 568-5815
     Email: clipan@shipkevich.com

                 About Bronx Midtown Locksmiths

Bronx Midtown Locksmiths filed a Chapter 11 bankruptcy petition
(Bankr. S.D.N.Y. Case No. 16-13540) on December 20, 2016.  The
Debtor's assets and liabilities are both below $1 million.  Judge
Sean H. Lane presides over the case.


BROWNSVILLE BERG: Hires Michael B. Nicolella as Appraiser
---------------------------------------------------------
Brownsville Berg Associates, Inc., seeks authorization from the
U.S. Bankruptcy Court for the Western District of Pennsylvania to
hire Michael B. Nicolella, Certified Broker Appraiser, as
appraiser.

The Debtor says it is in need of the services of an appraiser to
assist in determining the fair market value of the real estate
included in its bankruptcy estate.

The Debtor intends to retain Michael B. Nicolella as appraiser at
the flat rate of $250 per residential real estate appraisal
performed.

Michael B. Nicolella attests that neither he nor any party with
which he has an affiliation represents any interest adverse to the
Debtor-in-Possession, its estate or any creditors of its estate and
is a "disinterested person" within the meaning of 11 U.S.C. Sec.
101(14).

The Appraiser may be reached at:

     Michael B. Nicolella
     PO Box 534
     Bridgeville, PA 15017
     Tel: 412-851-0848
     Email: mbn534@hotmail.com

                 About Brownsville Berg Associates

Brownsville Berg Associates, Inc. filed a Chapter 11 bankruptcy
petition (Bankr. W.D. Pa. Case No. 17-22123) on March 19, 2017.
Jeffrey T. Morris, Esq., at Elliott & Davis, PC serves as
bankruptcy counsel.

The Debtor's assets and liabilities are both below $1 million.


C SWANK ENTERPRISES: To Pay Paccar in Full at 5% Over 7 Years
-------------------------------------------------------------
C Swank Enterprises, LLC, filed with the U.S. Bankruptcy Court for
the Western District of Pennsylvania its latest disclosure
statement to accompany its plan of reorganization, dated Oct. 10,
2017.

The treatment of several classes has been modified in the latest
plan.

Class 3 under the latest plan is the secured claim of Paccar
Financial. The total secured claims of this creditor are
$583,700.76. They will be paid in full over seven years with a
fixed interest rate of five 5%.

At the option of the Lender to be exercised on or before the Voting
Date, the claim will be paid in 5 years with interest at the rate
of five 5% per annum. Should the option be exercised, the Lender
will agree not to pursue any guarantors of the obligation so long
as Plan payments are not in default and not cured as contemplated
by the Plan. If payment in full is made under the Plan, upon
completion of Plan payments the Lender will agree to reduce its
claims against any guarantor to amounts paid under the Plan. Carol
Swank will provide the Lender with a consent to entry of judgment
on her guaranty. The consent to judgment will provide the Lender
with a consent to entry of judgment on her guaranty. The consent to
judgment will be held in escrow by counsel for the lender. Upon a
Default in Plan payments which is not cured in the time frame
contemplated by the Plan, judgment may be entered by the Lender in
the amount of the Lenders allowed Secured Claim, less payments made
under the Plan.

The Troubled Company Reporter previously reported that under the
initial plan Class 16 General Unsecured Creditors will be paid in
full on the Plan Effective Date with post-confirmation interest.
The Debtor believes there are no unsecured creditors.

The Debtor cannot operate and fund the plan payments contemplated
by the Plan unless it has the right to lease and employ those
vehicles and machinery that C. Swank Enterprises, LLC leases to
Royal Flush.  These entities are related and their success is
dependent on each other.

A copy of the Latest Disclosure Statement is available at:

     http://bankrupt.com/misc/pawb16-23451-275.pdf

                  About C Swank Enterprises

Headquartered in Apollo, Pennsylvania, C Swank Enterprises, LLC,
filed for Chapter 11 bankruptcy protection (Bankr. W.D. Pa. Case
No. 16-23451) on Sept. 15, 2016, estimating its assets and
liabilities at between $1 million and $10 million. The petition was
signed by Carol A. Swank, managing member.

Judge Carlota M. Bohm presides over the case.

Donald R. Calaiaro, Esq., at Calaiaro Valencik serves as the
Debtor's bankruptcy counsel.

The Debtor has no unsecured creditor, according to its Chapter 11
petition.


C&J ENERGY: Shareholder's Lawyers Say Merger Suit Justify $5M Fee
-----------------------------------------------------------------
Vince Sullivan, writing for Bankruptcy Law360, reports that Mark
Lebovitch, Esq., at Bernstein Litowitz Berger & Grossmann LLP and
other attorneys representing a shareholder of C&J Energy Services
Inc. told a Delaware Chancery Court that their efforts in a
challenge to the $2.9 billion merger of C&J and Nabors Industries
Ltd. justify a $5 million fee award because the lawsuit led to a
$250 million cut in the cash paid by C&J in the deal.

                       About C&J Energy

C&J Energy Services -- http://www.cjenergy.com/-- is a provider of
well construction, well completions, well support and other
complementary oilfield services to oil and gas exploration and
production companies.  As one of the largest completion and
production services companies in North America, C&J offers a full,
vertically integrated suite of services involved in the entire life
cycle of the well, including directional drilling, cementing,
hydraulic fracturing, cased-hole wireline, coiled tubing, rig
services, fluids management services and other special well site
services.  C&J operates in most of the major oil and natural gas
producing regions of the continental United States and Western
Canada.

C&J Energy Services Ltd. and 14 of its subsidiaries each filed a
voluntary petition under Chapter 11 of the Bankruptcy Code (Bankr.
S.D. Tex. Lead Case No. 16-33590) on July 20, 2016.  The Debtors'
cases are pending before Judge David R. Jones.

The law firms Loeb & Loeb LLP, Kirkland & Ellis LLP serve as the
Debtors' counsel.  Fried, Frank, Harris, Shriver & Jacobson LLP
acts as special corporate and tax counsel to the Debtors.
Investment bank Evercore is the Debtors' financial advisor, and
AlixPartners is the Debtors' restructuring advisor.  Ernst & Young
Inc. is the proposed information officer for the Canadian
proceedings.  Donlin, Recano & Company, Inc., serves as the claims,
noticing and balloting agent.

U.S. Trustee Judy A. Robbins appointed five creditors to serve on
an Official Committee of Unsecured Creditors in the Chapter 11 case
of CJ Holding Co., et al.  The Committee hired Greenberg Traurig,
LLP, as counsel for the Committee, Conway MacKenzie, Inc., to serve
as its financial advisor, Carl Marks Advisory Group LLC as
investment banker.


CACI INTERNATIONAL: Moody's Affirms Ba2 CFR; Outlook Stable
-----------------------------------------------------------
Moody's Investors Service has affirmed all debt ratings of CACI
International, Inc. ("CACI", including the Ba2 senior secured and
Corporate Family Rating, and upgraded the speculative grade
liquidity rating to SGL-2 from SGL-3, denoting a good liquidity
profile. The rating outlook is stable.

RATINGS RATIONALE

CACI's Ba2 ratings incorporate credit metrics that are in line with
other companies also at the Ba2 rating level, and the favorable
characteristics of its business model including competitive labor,
strong bid qualifications, and a broadening range of national
security related service contracts. The company's historically
strong task execution record, investment of free cash flow in
acquisitions and success at integrating those investments is
helping CACI evolve as the defense service sector consolidates.
Debt to EBITDA of 3.4x and FCF to debt 16% at June 2017, are
improved from 4.2x and 12%, respectively pro forma for the L-3 NSS
acquisition that closed February 2016.

Moody's anticipates that CACI is likely to increase leverage
somewhat in the near future should acquisition opportunities
emerge, although limiting debt to EBITDA to the mid-4x. While high
for the rating level, CACI does not pay a common dividend and
generates solid free cash flow which Moody's expects at about $250
million over the next year. Further, Moody's believes CACI will use
equity for a large acquisition so as to maintain the publicly
stated leverage targets.

Revenues slightly contracted for the 2017 fiscal year. While better
than the 3%-4% contraction Moody's expected, revenue will likely
remain at around the $4.3 billion to $4.4 billion level until
backlog expands more decidedly. Moody's expects that defense
service outlays should rise in the low single digit percentage
level over the 2018-2019 period, potentially higher depending on US
defense budget negotiations. CACI will benefit from that trend, in
Moody's view. Consolidation is producing more formidable
competition but CACI's seasoned business development organization
and expanding capabilities should enable it to grow with the
industry.

CACI's repayment of revolver borrowing over the fiscal year ended
June 30, 2017 increased availability under the $850 million
facility to around $580 million, which also improved the covenant
headroom. Although the company typically holds only a minimal cash
balance and a significant amount of borrowing still exists under
the revolving line, around $250 million of free cash flow should be
generated near-term, well exceeding scheduled term loan
amortization and permitting another $175 million to $200 million of
revolver pay-down, should CACI not undertake an acquisition.

CACI has a single class of debt, which include term loans and a
revolving line of credit (expiring in 2020), which are secured by
substantially all of the company's assets. As a result, the Ba2
rating on secured debt is the same as the corporate family rating.

The stable rating outlook considers a balanced financial policy, an
improving defense sector demand, and the service business model's
good cash flow characteristic. The stable rating outlook
acknowledges CACI's conservative judgment with respect to
acquisition valuation multiples paid. Despite a 16% decline in US
federal national defense outlays over 2011-2016, CACI has not
impaired goodwill.

The rating could be upgraded if Moody's expects debt to EBITDA at
3x or less with free cash flow to debt of 15% or higher, along with
sustained good liquidity and a stable or growing organic revenue
base. The ratings could be downgraded with debt to EBITDA sustained
at or above 4x, free cash flow to debt below 10%, liquidity profile
weakening or if free cash flow is expected to be less than $100
million and weakening further.

Upgrades:

Issuer: CACI International, Inc.

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

Outlook Actions:

Issuer: CACI International, Inc.

-- Outlook, Remains Stable

Affirmations:

Issuer: CACI International, Inc.

-- Probability of Default Rating, Affirmed Ba2-PD

-- Corporate Family Rating, Affirmed Ba2

-- Senior Secured Bank Credit Facility, Affirmed Ba2 (LGD3)

CACI International Inc., based in Arlington, VA, provides
information technology services and solutions for the US Department
of Defense, federal civilian agencies, and the Government of the
United Kingdom. Revenues in the fiscal year ended June 30, 2017
were $4.4 billion.

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


CADIZ INC: BLM Finds Water Project is Within Railroad Right-of-Way
------------------------------------------------------------------
The United States Bureau of Land Management has issued a letter to
Cadiz Inc., the Santa Margarita Water District and the Arizona &
California Railroad finding that the Cadiz Water Project's proposed
use of the existing ARZC right-of-way to construct a pipeline and
related railroad improvements "furthers railroad purposes" and
concluding that the Project is within the scope of the original
right-of-way grant.  The BLM Letter also formally rescinds the
agency's controversial and widely criticized October 2015
evaluation of the Project's proposed ARZC right-of-way use, an
evaluation that sought to keep the Project from utilizing this
sensible corridor.  As a result, no further federal permits and
authorizations are required for Project construction within the
ARZC railroad right-of-way.

"The company is very pleased to receive this letter from the BLM
regarding the Project's proposed use of the railroad right-of-way,"
said Scott Slater, Cadiz president and CEO.  "We have long
maintained that the 2015 evaluation by BLM was wrong on the law,
wrong on the facts and inconsistent with the policy driving
co-location of infrastructure in existing rights-of-way to minimize
project footprints and environmental harm."  Slater continued "We
are grateful for the determined bi-partisan Congressional effort
that sought a deeper, fair and unbiased review of the Project's
proposed use of the right-of-way by BLM and are tremendously
satisfied to finally have this matter resolved."

The BLM Letter follows multiple requests from bi-partisan
congressional representatives and a broad coalition of national
labor organizations, water districts, railroads, rural communities,
farmers and numerous stakeholders that have urged congressional
action to clarify the scope of railroad rights-of-way over federal
lands and criticized BLM's October 2015 evaluation of the Cadiz
Water Project for its lack of consistency with historic policy
encouraging co-location of infrastructure in railroad
rights-of-way.  The October 2015 evaluation not only impeded the
Cadiz Water Project, but also set a troubling precedent for
thousands of miles of existing uses of railroad rights-of-way in
the West.

BLM revisited the October 2015 evaluation relying on a recently
issued Memorandum Opinion by the US Department of the Interior
Solicitor's Office and recent case law and concluded that
"authorizing the proposed activity falls within the scope of rights
granted to the Arizona and California Railroad (ARZC) under the
General Railroad Right-of-Way Act of March 3, 1875 (1875 Act), and
therefore does not require authorization by BLM."

The BLM Letter also separately finds that the Project furthers
railroad purposes, following a factual review of the railroad
benefits of the Project: "As the railroad itself describes, these
component elements of the Cadiz project all provide critical
benefits to the railroad that facilitate elements of its
operations.  Accordingly, consistent with the incidental use
doctrine, the benefits associated with the Cadiz Project further a
railroad purpose."

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

                     https://is.gd/WymZ8p

With the receipt of this definitive determination by the BLM, the
Company will now turn its attention to final engineering design,
contract arrangements with its participating agencies and a
conveyance agreement with the Metropolitan Water District of
Southern California in accordance with applicable law.

The BLM Letter arrives following interaction over nearly a decade
with the US Department of the Interior regarding the proposed use
of the ARZC to co-locate the Project's conveyance pipeline while
constructing necessary and related improvements for the railroad.
In 2008, Cadiz entered a 99-year lease with the ARZC to utilize the
right-of-way for the Project's water pipeline and also agreed to
provide necessary railroad improvements.  In January 2009, DOI
determined that the Project could proceed within the right-of-way
without additional federal permits and was within the scope of the
ARZC right-of-way.  BLM policies and appropriations language
authored by Sen. Dianne Feinstein (D-CA) subsequently created a
unique requirement for the Project to demonstrate that it "further
railroad purposes, at least in part," and was therefore within the
scope of the right-of-way.

In response to submittals offered by Cadiz, SMWD and ARZC over
several years, the former Director of the BLM California office
mailed a letter to Cadiz in October 2015, which reversed DOI's
January 2009 opinion, rejected the judgement of the railroad as to
critical railroad benefits, and concluded that the Project was
outside the scope of the right-of-way.  BLM California reached this
conclusion even though elements of the Project furthered railroad
purposes.  To reach its conclusions, the October 2015 evaluation
applied a new standard that the pipeline and railroad benefits must
"originate" from a railroad purpose.  This new standard, however,
was inconsistent with the then-applicable Memorandum Opinion,
controlling law, and evaluations for existing infrastructure within
the thousands of miles of railroad rights of way throughout the
West.  Consequently, the 2015 evaluation clouded thousands of third
party rights and railroad uses within railroad rights-of-way in the
Western United States.  If the 2015 evaluation were universally
applied, other third party uses could require retroactive and
future supplemental permitting from the federal government, despite
more than 100 years of historic practice to the contrary in the
West.

Almost immediately following BLM's controversial 2015 evaluation it
was subject to bi-partisan criticism and heightened scrutiny by
lawmakers. Subsequent responses by the BLM to Freedom of
Information Act ("FOIA") requests revealed that BLM officials who
reviewed the Project may have been biased in their analysis and
communicated details on the timing and outcome of the review to
people with ties to the Wall Street investment community.  In 2016,
the US Department of the Interior Inspector General and the US
House Oversight Committee launched investigations into the
activities of third parties and conduct of the BLM, but have not
yet issued their findings.  The Company continues to look forward
to the conclusion of those investigations.

                  About the Cadiz Water Project

The Cadiz Valley Water Conservation, Recovery and Storage Project
is an innovative, California water project that will create a new
water supply for approximately 400,000 people by conserving
renewable groundwater presently lost to evaporation at the base of
a vast Mojave Desert watershed.  The Project is a public–private
partnership between Cadiz Inc., the largest private landowner in
the area, and public water providers in Southern California to
provide a new, reliable water supply of 50,000 acre-feet per year
for 50 years across the region without harm to the environment.
Operations will be governed by an extensive, state-of-the-art
groundwater management plan imposed and enforced by San Bernardino
County.  The Project has been extensively studied,
publicly-reviewed and approved under California's stringent
environmental laws and the Project's permits have been upheld in
California's court system. In addition to adding a new reliable
water supply in Southern California, Project construction is
expected to create and support thousands of jobs and generate close
to $1 Billion in economic activity.  Over the long-term, the
Project will create $6 billion in savings for water users
throughout Southern California.

                         About Cadiz

Founded in 1983, Cadiz Inc. -- http://www.cadizinc.com/-- is a
publicly-held renewable resources company that owns 70 square miles
of property with significant water resources in Southern
California.  The Company maintains an organic agricultural
development in the Cadiz Valley of eastern San Bernardino County,
California and is partnering with public water agencies to
implement the Cadiz Water Project, which over two phases will
create a new water supply for approximately 400,000 people and make
available up to 1 million acre-feet of new groundwater storage
capacity for the region.  Cadiz abides by a wide-ranging "Green
Compact" focused on environmental conservation and sustainable
practices to manage its land, water and agricultural resources.

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.


CAESARS ENTERTAINMENT: Moody's Gives Ba3-PD Prob. of Default Rating
-------------------------------------------------------------------
Moody's Investors Service removed the provisional designation on
the ratings of Caesars Entertainment Operating Company, LLC (CEOC),
including a Corporate Family rating of Ba3, a Ba3 on both the
$1,235 million 7-year secured term loan, and $200 million 5-year
revolving credit facility. Moody's also assigned a Ba3-PD
Probability of Default rating. The outlook is stable.

The actions follows the company's October 6, 2017 announcement that
is has emerged from Chapter 11 proceedings. The provisional ratings
were assigned in March 2017 pending the company's emergence from
bankruptcy.

Assignments:

Issuer: Caesars Entertainment Op. Co. LLC

-- Corporate Family Rating, Assigned Ba3

-- Probability of Default Ratings, Assigned Ba3-PD

-- Senior Secured Bank Credit Facility, Assigned Ba3 (LGD4 from
    LGD3)

Outlook Actions:

Issuer: Caesars Entertainment Op. Co. LLC

-- Outlook, Maintained at Stable

RATINGS RATIONALE

The Ba3 Corporate Family Rating reflects CEOC's large scale of
operations in terms of revenues and number of properties operated,
a high level of geographic diversification relative to its regional
gaming peers, improving profitability, and ability to generate free
cash flow after capital spending and mandatory debt amortization.
The ratings consider an improved governance structure and
elimination of control by the original LBO sponsors. Additionally,
CEOC will benefit over time from its relationship with a newly
formed real estate investment trust ("REIT"). The ratings consider
the company's high financial leverage (pro-forma lease adjusted
debt/EBITDAR is 8.5x based upon the reported capitalized master
lease obligation of $8.3 billion or 5.8x based upon the capitalized
master lease at 8x rent). CEOC will generate sufficient cash flow
to support investment spending needs. Over the next 12-18 months,
it is likely that New CEOC's lease adjusted debt/EBITDAR will
decline to approximately 5.7x (with master lease capitalized at 8x
rent) due to EBITDA growth and debt reduction. The fixed charge
coverage (defined as (EBITDAR/(interest+rent)) will remain around
1.5x. While this coverage is healthy, the fixed nature of CEOC's
contracted lease payments to the REIT reduces the company's
operating flexibility and in turn, increases its earnings
volatility if revenues decline significantly. CEOC is wholly owned
by Caesars Entertainment Corporation ("CEC"). CEOC will operate 18
domestic casino resorts pursuant to two 15-year triple net master
leases with a newly formed real estate investment trust ("REIT").
New CEOC will also own and operate one domestic casino, nine
international properties and manage another seven resorts on behalf
of third party owners.

The stable rating outlook reflects Moody's views that gaming
industry revenues will increase between 1%-2% with a greater flow
through to earning. Ratings could be considered for an upgrade, if
the fixed charge coverage ratio increases above 2.0x and
lease-adjusted debt/EBITDAR drops below 5.0x based upon
capitalizing the master lease at $5.1 billion (8x rent).
Additionally, a rating upgrade would require limited reliance on
CEOC to service CEC's convertible notes and for the company to have
good liquidity.

Ratings could be downgraded if gaming industry revenues show signs
of sustained deterioration, if EBITDAR/Interest+rent is sustained
below 1.4x or if lease-adjusted debt/EBITDAR rises above 6.2x
(based on capitalizing the master lease at 8x rent). Ratings could
also be downgraded if CEC relies on CEOC to a material degree to
support debt service on the convert.

The principal methodology used in these ratings was Global Gaming
Industry published in June 2014.


CAPITOL STATION 65: Seeks to Hire DSI as Consultant
---------------------------------------------------
Capitol Station 65, LLC seeks approval from the U.S. Bankruptcy
Court for the Eastern District of California to hire Development
Specialists, Inc. as its consultant.

The firm will provide an analysis of the interest rates proposed in
the joint Chapter 11 plan of reorganization filed by the Debtor and
its affiliates.

DSI does not represent any interest adverse to the Debtor or its
estate, according to court filings.

The firm can be reached through:

     Eric J. Held
     Development Specialists Inc.
     Wells Fargo Center
     333 South Grand Avenue, Suite 4070
     Los Angeles, CA 90071
     Tel: 213-617-2717
     Fax: 213-617-2718
     Email: info@dsi.biz

                  About Capitol Station 65 LLC

Capitol Station 65 LLC, Capitol Station Holdings LLC, Capitol
Station Member LLC, and Township Nine Owners LLC sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. E.D. Cal. Case Nos.
17-23627 to 17-23630) on May 30, 2017.  Suneet Singal, its chief
executive officer, signed the petitions.

At the time of the filing, the Debtors estimated their assets at
$50 million to $100 million and debts at $10 million to $50
million.

Judge Christopher D. Jaime presides over the cases.  Nuti Hart LLP
is the Debtors' legal counsel.

On July 20, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The Committee hired
Felderstein Fitzgerald Willoughby & Pascuzzi LLP, as counsel.

On August 28, 2017, the Debtors filed a disclosure statement, which
explains their proposed joint Chapter 11 plan of reorganization.


CAPITOL STATION 65: Taps Cunningham Engineering as Consultant
-------------------------------------------------------------
Capitol Station 65, LLC seeks approval from the U.S. Bankruptcy
Court for the Eastern District of California to hire Cunningham
Engineering Corporation as its consultant.

The firm will provide these services with respect to the Debtor's
real property and related assets:

     (a) visit the T9 site to observe the general extent of
         infrastructure installed to-date, review T9 Tentative
         Map, Phasing Plan and Infrastructure Improvement Plans
         to verify infrastructure quantities;

     (b) review the material quantities in the infrastructure
         cost estimates and any adjustments to obtain total hard
         and soft costs and discern whether the unit prices
         appear generally reasonable;

     (c) prepare a written opinion as to the findings; and

     (d) attend additional meetings and depositions, if and as
         required.

Cunningham does not represent any interest adverse to the Debtor or
its estate, according to court filings.

The firm can be reached through:

     Charles W. Cunningham
     Cunningham Engineering Corporation
     2940 Spafford Street, Suite 200
     Davis, CA 95618
     Phone: 1-530-758-2026
     Fax:  1-530-758-2066
     Email: chuck@cecwest.com

                  About Capitol Station 65 LLC

Capitol Station 65 LLC, Capitol Station Holdings LLC, Capitol
Station Member LLC, and Township Nine Owners LLC sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. E.D. Cal. Case Nos.
17-23627 to 17-23630) on May 30, 2017.  Suneet Singal, its chief
executive officer, signed the petitions.

At the time of the filing, the Debtors estimated their assets at
$50 million to $100 million and debts at $10 million to $50
million.

Judge Christopher D. Jaime presides over the cases.  Nuti Hart LLP
is the Debtors' legal counsel.

On July 20, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The committee hired
Felderstein Fitzgerald Willoughby & Pascuzzi LLP, as counsel.

On August 28, 2017, the Debtors filed a disclosure statement, which
explains their proposed joint Chapter 11 plan of reorganization.


CAPITOL STATION 65: Taps John Burns Real Estate as Consultant
-------------------------------------------------------------
Capitol Station 65, LLC seeks approval from the U.S. Bankruptcy
Court for the Eastern District of California to hire John Burns
Real Estate Consulting, LLC as its consultant.

The firm will consult with the Debtor's counsel regarding the
desirability of the Township Nine project to builders, the strength
of the relevant for-sale and rental residential markets, and market
trends in Sacramento and its immediate surrounding area.

John Burns does not represent any interest adverse to the Debtor or
its estate, according to court filings.

The firm can be reached through:

     Dean Wehrli
     John Burns Real Estate Consulting, LLC
     16485 Laguna Canyon Road, Suite 130
     Irvine, CA 92618
     Phone: 1-949-870-1200

                  About Capitol Station 65 LLC

Capitol Station 65 LLC, Capitol Station Holdings LLC, Capitol
Station Member LLC, and Township Nine Owners LLC sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. E.D. Cal. Case Nos.
17-23627 to 17-23630) on May 30, 2017.  Suneet Singal, its chief
executive officer, signed the petitions.

At the time of the filing, the Debtors estimated their assets at
$50 million to $100 million and debts at $10 million to $50
million.

Judge Christopher D. Jaime presides over the cases.  Nuti Hart LLP
is the Debtors' legal counsel.

On July 20, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The Committee hired
Felderstein Fitzgerald Willoughby & Pascuzzi LLP, as counsel.

On August 28, 2017, the Debtors filed a disclosure statement, which
explains their proposed joint Chapter 11 plan of reorganization.


CAPTAIN TRANSPORT: Taps Lamey Law Firm as Legal Counsel
-------------------------------------------------------
Captain Transport & Recovery, Inc. and Northland Recovery Bureau,
Inc. seek approval from the U.S. Bankruptcy Court for the District
of Minnesota to hire legal counsel.

The Debtors propose to employ Lamey Law Firm, P.A. to, among other
things, give legal advice regarding their duties under the
Bankruptcy Code and provide other legal services related to their
Chapter 11 cases.

The firm's hourly rates are:

     John Lamey III          $335
     Associate Attorneys     $250
     Contract Attorneys      $250
     Law Clerks              $150
     Paralegals              $130

Lamey Law received a retainer of $11,717 from the Debtors for
pre-filing and post-filing legal services.

John Lamey III, Esq., disclosed in a court filing that his firm
does not have connection with any of the Debtors' creditors.

The firm can be reached through:

     John D. Lamey III
     Lamey Law Firm, P.A.
     980 Inwood Avenue North
     Oakdale, MN 55128
     Tel: 651-209-3550
     Email: bankrupt@lameylaw.com
     Email: jlamey@lameylaw.com

              About Captain Transport & Recovery Inc.

Captain Transport & Recovery, Inc. is a privately held
transportation company in Burnsville, Minnesota, that provides
cargo loading and unloading services.  The company, a small
business debtor as defined in 11 U.S.C. Section 101(51D), is the
fee simple owner of a real property located at 1800 Highway 13 W.,
Burnsville, Minnesota, valued at $1.2 million.  The company posted
gross revenue of $925,880 in 2016 and gross revenue of $883,637 in
2015.

Captain Transport and its affiliate and Northland Recovery Bureau,
Inc. sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. D. Minn. Case Nos. 17-33195 and 17-33196) on October 9,
2017.  Kayihan Seran, president and CEO, signed the petitions.

At the time of the filing, Captain Transport disclosed $1.53
million in assets and $1.88 million in liabilities.  Northland
disclosed that it had estimated assets and liabilities of less than
$50,000.


CENTORBI LLC: Unsecureds to be Paid $2.5K Quarterly Under New Plan
------------------------------------------------------------------
Centorbi, LLC filed with the U.S. Bankruptcy Court for the Eastern
District of Missouri a combined first amended disclosure statement
and plan of reorganization, dated Oct. 10, 2017.

This latest filing states that the Debtor has since moved its
operations from the Real Estate to a new, more cost-effective
facility that Debtor estimates will save it approximately $20,000
per year. Debtor believes that its future revenues along with the
reorganization contemplated by this Plan will allow for its
operations to continue long term.

It also provides that Debtor Centorbi Custom Cabinetry, Inc. will
seek dismissal of its bankruptcy case as it no longer has any
assets or operations.

The treatment of Class 9 unsecured claimants also has some minor
modifications. It now proposes that this class will receive their
Pro Rata share of $50,000 to be distributed in the form of equal
quarterly payments for 5 years of $2,500 per quarter.

The initial version of the plan only stated that this class will
receive their Pro Rata share of $50,000 to be distributed in the
form of quarterly payments for 5 years.

Class 10 now consists of the secured claim of Mercedes-Benz
Financial Services USA LLC. Mercedes’ Secured Claim is allowed in
the amount of $6,718.61 less any and all payments made by Debtor to
Mercedes after the Petition Date. The liens of Mercedes will
continue unimpaired. The Debtor will continue to make monthly
payments to Mercedes until the Allowed Secured Claim of Mercedes is
paid in full. Any deficiency balance after said payments will be
treated as a Class 9 General Unsecured Claim. Class 10 previously
consisted of the general unsecured creditors of Centorbi Custom.

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

     http://bankrupt.com/misc/moeb16-47459-108.pdf

                       About Centorbi, LLC

Centorbi LLC and Centorbi Custom Cabinetry, Inc., sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. E.D. Mo. Lead Case
No. 16-47459) on Oct. 14, 2016.  The petitions were signed by Derek
T. Centorbi, authorized member.  The cases are assigned to Judge
Kathy A. Surratt-States.

At the time of the filing, Centorbi LLC estimated its assets and
liabilities at $1 million to $10 million.  Centorbi Custom
estimated assets of less than $1 million.


CHINA COMMERCIAL: Yang Jie Has 22.5% Equity Stake as of July 17
---------------------------------------------------------------
In a Schedule 13D/A filed with the Securities and Exchange
Commission, these reporting persons disclosed beneficial ownership
of shares of common stock of China Commercial Credit, Inc. as of
July 17, 2017:

                                         Shares      Percentage
                                      Beneficially       of
   Reporting Person                       Owned        Shares
   ----------------                   ------------   ----------
   Yang Jie                             4,292,656       22.5%
   Xiaohuan Huang                       3,472,756       18.2%
   Daqin International Business HK Ltd    819,900        4.3%

The percentages are calculated on the basis of 19,070,915 shares of
common stock outstanding as of Oct. 12, 2017.

Yang Jie is a citizen of the People's Republic of China with the
address situated at 81A Hampshire Rd, Great Neck, NY 11023.  Mr.
Jie serves as the VP of finance of the Company as well as general
manager of the Company's representative office in New York, U.S. He
is also an active securities and commodities investor.

Xiaohuan Huang is a citizen of the People's Republic of China with
the address situated at 81A Hampshire Rd, Great Neck, NY 11023. She
is a housewife.

Daqin International Business HK Limited, a limited company
incorporated in Hong Kong, with the business address at Unit 1005,
Tower A, New Mandarin Plaza, 14 Science Museum Road, Tsim Sha Tsui,
Hong Kong.

On Sept. 29, 2017, Mr. Jie purchased 452,486 shares of the Issuer's
common stock and a warrant to purchase 158,370 shares of the
Issuer's common stock with an initial exercise price of $2.26 per
share for an aggregate purchase price of $819,000 pursuant to
certain securities purchase agreement dated Sept. 27, 2017.

On Sept. 6, 2017, Ms. Huang purchased 30,000 shares of the common
stock of the Issuer in open market at the price at $2.59 per
share.

On July 17, 2017, Daqin acquired 30,510 shares of the common stock
of the Issuer in a private transaction in consideration of
cancellation of debt of $77,000 owed to Daqin by Zheng Yang
pursuant to certain Share Transfer Agreement between Zheng Yang and
Daqin.

On July 17, 2017, Daqin acquired 193,950 shares of the common stock
of the Issuer in a private transaction in consideration of
cancellation of debt of $470,000 owed to Daqin by Shixian Wu
pursuant to certain Share Transfer Agreement between Shixian Wu and
Daqin.

On July 17, 2017, Daqin acquired 567,720 shares of the common stock
of the Issuer in a private transaction in consideration of
cancellation of debt of $1,135,000 owed to Daqin by Suzhou Juntu
Textile Co., Ltd pursuant to certain Share Transfer Agreement
between Suzhou Juntu Textile Co., Ltd. and Daqin.

On July 17, 2017, Daqin acquired 27,720 shares of the common stock
of the Issuer in a private transaction in consideration of
cancellation of debt of $56,000 owed to Daqin by Xianwen Zhang
pursuant to certain Share Transfer Agreement between Xianwen Zhang
and Daqin.

On March 8, 2017, Company issued to Mr. Jie 92,875 shares of the
common stock of the Issuer as compensation for his services in
connection of identification and negotiation of potential merger &
acquisition target.  These shares were issued from the Company's
2014 Equity Incentive Plan.

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

                     https://is.gd/As9Ar6

                  About China Commercial Credit

Founded in 2008, China Commercial Credit --
http://www.chinacommercialcredit.com/-- provides business loans
and loan guarantee services to small-to-medium enterprises, farmers
and individuals in China's Jiangsu Province.  Due to recent
legislation and banking reform in China, these SMEs, farmers and
individuals -- which historically had been excluded from borrowing
funds from State-owned and commercial banks -- are now able to
borrow money at competitive rates from microfinance lenders.  

China Commercial's independent accounting firm Marcum Bernstein &
Pinchuk LLP, in Shanghai, China, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2016, citing that the Company has accumulated
deficit that raises substantial doubt about its ability to continue
as a going concern.

The Company had an accumulated deficit of US$76.25 million as of
June 30, 2017.  As of June 30, 2017, the Company had cash and cash
equivalents of US$1.907 million and total short-term borrowings of
nil.  Caused by the limited funds, the management assessed that the
Company was not able to keep the size of lending business within
one year from the filing of June 30, 2017, Form 10-Q.

China Commercial reported a net loss of US$1.98 million on US$1.29
million of total interest and fee income for the year ended Dec.
31, 2016, compared with a net loss of US$61.26 million on US$2.98
million of total interest income for the year ended Dec. 31, 2015.
As of June 30, 2017, China Commercial had US$6.75 million in total
assets, US$7.23 million in total liabilities and a total
shareholders' deficit of $480,945.


CM EBAR: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------
Debtor: CM Ebar, LLC
          dba Elephant Bar
        P.O. Box 189 Bedford Hills
        Bedford Hills, NY 10507

Type of Business: CM Ebar, LLC, is a casual-dining operator with
                  various locations in Nevada, California, and New

                  Mexico.  The Company's principal place of
                  business is located at 2270 Village Walk Dr.,
                  Henderson, NV 89052.

Chapter 11 Petition Date: October 17, 2017

Case No.: 17-15530

Court: United States Bankruptcy Court
       District of Nevada (Las Vegas)

Judge: Hon. August B. Landis

Debtor's Counsel: Zachariah Larson, Esq.
                  LARSON & ZIRZOW, LLC
                  850 E. Bonneville Ave.
                  Las Vegas, NV 89101
                  Tel: (702) 382-1170
                  Fax: (702) 382-1169
                  E-mail: carey@lzlawnv.com
                          zlarson@lzlawnv.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Barry L. Kasoff, manager.

A full-text copy of the petition, along with a list of 20 largest
unsecured creditors, is available for free at
http://bankrupt.com/misc/nvb17-15530.pdf


CONCORDIA INT'L: S&P Lowers CCR to 'SD' Amid Interest Non-Payment
-----------------------------------------------------------------
Ontario, Canada-based specialty pharmaceutical company Concordia
International Corp. has failed to make its interest payment, due
Oct. 16, 2017, on its $735 million senior unsecured notes as it
continues negotiations to address its unsustainable capital
structure.

As a result, S&P Global Ratings lowered its corporate credit rating
on specialty pharmaceutical company Concordia International Corp.
to 'SD' from 'CCC-' and removed the rating from CreditWatch, where
it was placed with negative implications on Sept. 18, 2017.

At the same time, S&P lowered its rating on rating on Concordia's
$735 million in senior unsecured notes to 'D' from 'C' and removed
the rating from CreditWatch, where S&P placed it with negative
implications on Sept. 18, 2017.

The 'CCC-' rating on the company's senior secured debt and 'C'
rating on the company's still-current senior unsecured notes remain
on CreditWatch with negative implications.

S&P said, "Our recovery rating on the senior secured debt remains
'3', indicating expectations for meaningful (50%-70%; rounded
estimate: 55%) recovery in the event of default. The recovery
rating on the senior unsecured notes remains '6', indicating our
expectation for negligible (0%-10%; rounded estimate: 0%) recovery
for lenders in the event of payment default.

"The downgrade follows Concordia International's announcement that
it failed to make the Oct. 16, 2016, interest payment on the 7%
senior unsecured notes due 2023. Given our view of the company's
debt level as unsustainable, and ongoing restructuring discussions,
we do not expect the company to make a payment within the grace
period."


CONCORDIA INTERNATIONAL: Defers $26M Notes Interest Payment
-----------------------------------------------------------
In conjunction with Concordia International Corp.'s ongoing efforts
to realign its capital structure, the Company has decided to use a
30-day grace period to defer the payment of approximately $26
million of interest due Oct. 16, 2017, on its $735 million
unsecured notes.  The deferral of the interest payment does not
result in an Event of Default until the expiry of the 30-day grace
period.

The Company will use this time to continue its discussions with
lenders with the goal of reaching a consensual agreement that would
significantly reduce the Company's debt and interest payments to
create a financial foundation able to support Concordia's long-term
growth.

"The decision to delay the interest payment on our unsecured notes
was a carefully considered initiative to preserve our financial
resources as we explore alternatives to strengthen our capital
structure," stated Allan Oberman, chief executive officer of
Concordia.  "As we continue to consider various alternatives, we
are prioritizing a sustainable capital structure that we believe
will allow us to successfully execute our long-term DELIVER
strategy and position us for success as we seek to become a leading
European specialty off-patent medicines player."

Mr. Oberman continued, "With approximately $340 million of cash on
hand as of September 30, 2017, we are confident we have sufficient
liquidity in the near term to operate our business as usual while
we work to achieve our financial goals, honouring our obligations
to our employees, customers and suppliers and providing safe and
effective medicines to our customers and patients."

The Company's decision to delay the $26 million interest payment on
the $735 million unsecured notes follows its previously announced
efforts to explore and evaluate potential transactional
alternatives, including initiatives to optimize its capital
structure, and its ongoing discussions with the Company's
debtholders and their respective advisors.

                         About Concordia

Based in Canada, Concordia International Corp (NASDAQ:CXRX,
TSX:CXR) -- http://www.concordiarx.com-- is an international
specialty pharmaceutical company with a diversified portfolio of
more than 200 patented and off-patent products, and sales in more
than 90 countries.  Concordia operates out of facilities in
Oakville, Ontario and, through its subsidiaries, operates out of
facilities in Bridgetown, Barbados; London, England and Mumbai,
India.

Concordia reported a net loss of US$1.31 billion for the year ended
Dec. 31, 2016, compared to a net loss of US$31.56 million in 2015.

As of June 30, 2017, Concordia had US$2.61 billion in total assets,
US$4.02 billion in total liabilities and a total shareholders'
deficit of US$1.41 billion.

                           *    *    *

In July 2017, Moody's Investors Service downgraded the ratings of
Concordia International Corp. including the Corporate Family Rating
to 'Caa3' from 'Caa1'.  The downgrade reflects ongoing operating
headwinds in Concordia's core businesses, combined with very high
financial leverage.  Moody's believes there is elevated risk of a
debt restructuring or a distressed exchange.  Concordia's
debt/EBITDA will exceed 9.0x, limiting the flexibility to pursue
growth initiatives needed to reverse operating declines.

In September 2017, S&P Global Ratings lowered its corporate credit
rating on Concordia to 'CCC-' from 'CCC+' and placed the rating on
CreditWatch with negative implications.  "The downgrade reflects
what we believe is the increased likelihood that the company will
enter a debt restructuring or distressed exchange, given
deteriorating operating results and cash flows that have resulted
in EBITDA to interest coverage of less than 1x and adjusted debt
leverage of nearly 11x.  We see limited opportunities for Concordia
to improve EBITDA to reduce leverage to sustainable levels.


CONSOL ENERGY: S&P Places 'B+' CCR on CreditWatch Positive
----------------------------------------------------------
S&P Global Ratings placed its ratings, including its 'B+' corporate
credit rating, on the exploration and production company Consol
Energy Inc. on CreditWatch with positive implications.

S&P said, "We also placed our 'BB' issue-level rating on the
company's senior secured revolving credit facility and our 'B+'
issue-level rating on its senior unsecured debt on CreditWatch with
positive implications. The recovery rating on the senior secured
revolving credit facility remains '1', indicating our expectation
of very high recovery (90% to 100%; rounded estimate: 95%) in the
event of a default, while our recovery rating on the company's
senior unsecured debt remains '4', indicating our expectation for
average recovery (30% to 50%; rounded estimate: 30%).

"The CreditWatch placement reflects the likelihood that we will
raise our ratings on Consol Energy following the successful
spin-off of its coal business, which we expect to happen by
year-end 2017.

"The CreditWatch placement reflects the likelihood of an upgrade if
the transaction is completed as proposed. We believe an upgrade
would be limited to one notch. We will resolve the CreditWatch
listing around the close the transaction, which we expect to occur
by the end of 2017."


CONTEXTMEDIA HEALTH: Moody's Cuts Corporate Family Rating to Caa1
-----------------------------------------------------------------
Moody's Investors Service downgrades ContextMedia Health, LLC's
Corporate Family Rating (CFR) and $375 million first lien credit
facility, consisting of a $50 million revolver and $325 million
term loan, to Caa1 from B2. The outlook was changed to negative
from stable.

The rating was downgraded due to materially weaker than expected
results since the company was rated and Moody's concerns that its
relationships with advertisers may be impacted by recent negative
publicity which may limit its ability to substantially improve
results. While the company still has a very large cash balance
following prior equity raises, its free cash flow to date has also
been well below expectations.

ContextMedia Health, LLC

Corporate Family Rating downgraded to Caa1 from B2

Probability of Default Rating downgraded to Caa2-PD from B3-PD

$50 million 5 year revolving credit facility downgraded to Caa1
(LGD3) from B2 (LGD3)

$325 million 5 year term loan downgraded to Caa1 (LGD3) from B2
(LGD3)

Outlook: changed to negative from stable

RATINGS RATIONALE

Context's Caa1 CFR reflects the very high leverage level of over
10x as of Q2 2017 (including Moody's standard adjustments) due to
materially weaker results than projected and negative publicity
which may affect operating results going forward. The company's
small size and relatively short operating history also impact the
rating. In addition, the debt funded acquisition of AccentHealth
occurred at a very high multiple despite experiencing customer
losses historically. Context also has some concentration risk
within its largest pharmaceutical sponsors which elevates concerns
about its relationships going forward. Free cash flow in the first
half of 2017 was also negative and materially below expectations.
The company benefits from a significant cash balance as of Q2 2017
which provides a source of liquidity.

The outlook is negative given expectations of leverage remaining at
very high levels and modest interest coverage. Moody's believes
that revenue growth will be adversely impacted by recent negative
publicity and lead to additional expenses.

Context's liquidity is expected to be adequate due to its very
large cash balance and the $50 million 5 year revolving credit
facility which is undrawn as of Q2 2017. Free cash flow has been
negative in the first half of 2017 and Moody's expects it will
remain negative in the near term. Required debt amortization
payments of over $16 million annually also weigh on its cash flow
levels. The revolver is subject to a maximum first lien leverage
ratio of 6x and the term loan is subject to a 6.5x ratio with
additional step downs for both facilities going forward.

An upgrade in the near term is unlikely give the very high leverage
and near term challenges. However, upward rating pressure would
occur if leverage declined to 6x (as calculated by Moody's) with
good liquidity and consistent organic revenue and EBITDA growth.

A downgrade would occur if EBITDA declined from current levels, if
it increasingly appeared likely that the company would breach its
financial covenants, or if the company could miss required
amortization and interest payments.

ContextMedia Health LLC is based in Chicago, IL and is an
information delivery and decision support digital media company
providing doctors' offices free media content through TVs, tablets,
and interactive wallboards to educate patients while waiting in the
doctor's office. Pro-forma revenue as of Q2 2017 is under $200
million.

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


DALTON OUTDOOR: Hires Steven Nosek & Yvonne Doose as Counsel
------------------------------------------------------------
Dalton Outdoor Services, Inc., seeks approval from the United
States Bankruptcy Court for the District of Minnesota to employ
Steven B. Nosek and Yvonne R. Doose as attorneys.

The services to be rendered by Steven B. Nosek and Yvonne R. Doose
are:

     a. pre-petition planning, analysis of the Debtor's financial
        situation, planned use of cash collateral, post-petition
        financing, and advice and assistance to determine if the
        Debtor should file a Petition for Relief under Chapter 11
        of the Bankruptcy Code;

     b. preparation and filing of a Petition for Relief,
        Statement of Financial Affairs, and other documents
        required by this Court;

     c. representation of the Debtor at expected adversary
        proceedings, motions, meetings of creditors; and

     d. formulation of a Plan of Reorganization of the Debtor's
        business.

Steven B. Nosek and Yvonne R. Doose attest that they do not hold
any interest that is adverse to the Debtor or the Debtor's Estate
and are "disinterested parties" within the meaning of 11 U.S.C.
Sec. 101(14).

Steven B. Nosek will charge the Debtor $300 per hour and Yvonne R.
Doose will charge the Debtor $200 per hour.

The Attorneys maintain office at:

     Steven B. Nosek, Esq.
     Yvonne R. Doose, Esq.
     Attorneys at Law
     2855 Anthony Lane South, Suite 201
     St. Anthony, MN 55418  
     Tel: 612-335-9171
     Email: snosek@noseklawfirm.com
                              
               About Dalton Outdoor Services, Inc.

Based in Rosemount, Minnesota, Dalton Outdoor Services, Inc. filed
a Chapter 11 petition (Bankr. D. Minn. Case No. 17-33188) on
October 9, 2017. The Debtor is represented by Steven B. Nosek and
Yvonne R. Doose as counsel. Judge Katherine A. Constantine presides
over the case.

At the time of filing, the Debtor declares $50,001 to $100,000
total assets and $500,001 to $1 million total liabilities.


DARIN BECK: Hires Ag & Business Legal Strategies as Attorneys
-------------------------------------------------------------
Darin Beck Properties, Ltd., seeks approval from the United States
Bankruptcy Court for the Northern District of Iowa to hire the law
firm of Ag & Business Legal Strategies as its attorneys.

Professional legal services to be rendered by Ag & Business are:

     a. prepare pleadings and applications and conducting
        examinations incidental to any related proceedings or
        to the administration of this case;

     b. develop the relationship of the status of the Debtor to
        the claims of creditors in this case;

     c. advise the Debtor of its rights, duties, and obligations
        as a debtor operating under Chapter 11 of the Bankruptcy
        Code;

     d. take any necessary action incident to the proper
        preservation and administration of this Chapter 11 case;
        and

     e. advise and assist the Debtors in the formation and
        preservation of a plan pursuant to Chapter 11 of the
        Bankruptcy Code, the disclosure statement, and all
        matters related thereto.

Joseph A. Peiffer, practicing attorney at the law firm of Ag &
Business Legal Strategies, attests that no member of the Law Firm
holds or represents an interest adverse to this estate and all
members are "disinterested" persons under 11 U.S.C. Section
101(14).

Ag & Business' standard hourly rates are:

     Bankruptcy Shareholder  $400
     Of Counsel              $350  
     Associates              $250  
     Paralegal services      $150

The Firm can be reached through:

     Joseph A. Peiffer, Esq.
     AG & BUSINESS LEGAL STRATEGIES
     P.O. Box 11425
     Cedar Rapids, IA 52410-1425
     Tel: (319) 363-1641
     Fax: (319) 200-2059
     E-mail: joe@ablsonline.com

                    About Darin Beck Properties

Darin Beck Properties, LTD is a privately held company that
primarily operates a food catering business.  Based in Cedar Falls,
Iowa, Darin Beck Properties filed a Chapter 11 petition (Bankr.
N.D. Iowa Case No. 17-01188) on September 15, 2017. The petition
was signed by Darin Beck, president. Joseph A. Peiffer, Esq., at Ag
& Business Legal represents the Debtor as attorney.

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


DAYBREAK OIL: Incurs $701K Net Loss in Second Quarter
-----------------------------------------------------
Daybreak Oil and Gas, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q reporting a net loss
available to common shareholders of $701,260 on $135,039 of revenue
for the three months ended Aug. 31, 2017, compared to a net loss
available to common shareholders of $1.07 million on $124,144 of
revenue for the three months ended Aug. 31, 2016.

For the six months ended Aug. 31, 2017, Daybreak Oil reported a net
loss available to common shareholders of $1.50 million on $268,763
of revenue compared to a net loss available to common shareholders
of $2.17 million on $229,290 of revenue for the six months ended
Aug. 31, 2016.

The Company's balance sheet at Aug. 31, 2017, showed $1.08 million
in total assets, $15.34 million in total liabilities and a total
stockholders' deficit of $14.26 million.

The Company said it continues to implement plans to enhance its
ability to continue as a going concern.  Daybreak currently has a
net revenue interest in 20 producing crude oil wells in its East
Slopes Project located in Kern County, California.  The revenue
from these wells has created a steady and reliable source of
revenue.  The Company's average working interest in these wells is
36.6% and the NRI is 28.4% for these same wells.

The Company anticipates its revenue will continue to increase as
the Company participates in the drilling of more wells in the East
Slopes Project in California and as its exploratory drilling
project begins in Michigan.  However, given the current decline and
instability in hydrocarbon prices, the timing of any drilling
activity in California and Michigan will be dependent on a
sustained improvement in hydrocarbon prices and a successful
refinancing or restructuring of the Company's credit facility.

According to the Form 10-Q filing, "The Company believes that our
liquidity will improve when there is a sustained improvement in
hydrocarbon prices.  Daybreak's sources of funds in the past have
included the debt or equity markets and the sale of assets.  While
the Company has experienced revenue growth, which has resulted in
positive cash flow from its crude oil and natural gas properties,
it has not yet established a positive cash flow on a company-wide
basis.  It will be necessary for the Company to obtain additional
funding from the private or public debt or equity markets in the
future.  However, the Company cannot offer any assurance that it
will be successful in executing the aforementioned plans to
continue as a going concern."

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

                      https://is.gd/emK2Ue

                       About Daybreak Oil

Daybreak Oil and Gas, Inc. -- http://www.daybreakoilandgas.com/--
is an independent oil and natural gas company currently engaged in
the exploration, development and production of onshore oil and
natural gas in the United States.  The Company is headquartered in
Spokane, Washington with an operations office in Friendswood,
Texas.  Daybreak owns a 3-D seismic survey that encompasses 20,000
acres over 32 square miles with approximately 6,500 acres under
lease in the San Joaquin Valley of California.  The Company
operates production from 20 oil wells in our East Slopes project
area in Kern County, California.

Daybreak Oil reported a net loss of $3.46 million on $482,656 of
revenue for the 12 months ended Feb. 28, 2017, compared to a net
loss of $4.20 million on $529,360 of revenue for the 12 months
ended Feb. 29, 2016.

The Company's independent accounting firm MaloneBailey, LLP --
http://www.malonebailey.com/-- in Houston, Texas, issued a "going
concern" opinion in its report on the consolidated financial
statements for the year ended Feb. 28, 2017, noting that the
Company suffered losses from operations and has negative operating
cash flows, which raises substantial doubt about its ability to
continue as a going concern.


DOAKES ENTERPRISES: Hires Bednar Law as Bankruptcy Counsel
----------------------------------------------------------
Doakes Enterprises, LLC d/b/a Accelerated Learing Center seeks
authorization from the U.S. Bankruptcy Court for the Western
District of Oklahoma to employ Bednar Law Firm as attorney.

In its schedules, the Debtor listed a potential malpractice claim
against Steve Landreth, CPA. The claim is based on the Debtor's
former accountants' failure to timely file tax returns on the
Debtor's behalf and failure to advise the Debtor regarding
employment taxes owed.

The Debtor tells the Court it requires the assistance of an
experienced attorney in moving forward with its claim against its
former accountant.

The Debtor requires Bednar Law to complete an investigation of the
claim, file all documents necessary in any legal proceeding
connected thereto, advise the Debtor regarding its rights and
duties, provide legal advice to the Debtor, and all other legal
work necessary to recover property of the bankruptcy estate.

Bednar Law will be paid at these hourly rates:

       Alexander L. Bednar, Esq.             $250
             (during litigation)             $275
       Law Clerks and Interns                $90
       Legal Assistants                      $50

Alexander L. Bednar, Esq., of Bednar Law Firm, 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.

Bednar may be reached at:

     Alex Bednar, Esq.
     Bednar Law Firm
     3030 NW Expressway, Suite 200
     Oklahoma City, OK 73112
     Tel: (405) 267-1725
     Fax: (405) 213-1801

                    About Doakes Enterprises LLC

Doakes Enterprises, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Okla. Case No. 17-12960) on July 24,
2017.  Ternassia Doakes, its president, signed the petition.

The Debtor is a daycare business with two locations in the Del City
/ Southeast Oklahoma City area.  At the time of the filing, the
Debtor disclosed that it had estimated assets and liabilities of
less than $50,000.


DON ROSE OIL: Committee Taps DSI as Financial Advisor
-----------------------------------------------------
The official committee of unsecured creditors of Don Rose Oil Co.,
Inc. seeks approval from the U.S. Bankruptcy Court for the Eastern
District of California to hire a financial advisor.

The committee proposes to employ Development Specialists Inc. to,
among other things, assist in the investigation of the Debtor's
financial condition; evaluate its pre-bankruptcy transactions with
insiders; review any proposed sale of its assets; and evaluate any
proposed bankruptcy plan.

Bradley Sharp and Joseph Zagajeski, the DSI professionals expected
to provide the services, will charge $620 per hour and $280 per
hour, respectively.

DSI has no connection with the Debtor or any of its creditors and
does not represent any interest adverse to the committee, according
to court filings.

The firm can be reached through:

     Bradley D. Sharp
     Development Specialists Inc.
     Wells Fargo Center
     333 South Grand Avenue, Suite 4070
     Los Angeles, CA 90071
     Tel: 213-617-2717
     Fax: 213-617-2718
     Email: info@dsi.biz

                  About Don Rose Oil Co. Inc.

Founded in 1972, Don Rose Oil Co., Inc. is in the business of
wholesale distribution of petroleum and petroleum products.  Based
in Visalia, California, the Debtor sought protection under Chapter
11 of the Bankruptcy Code (Bankr. E.D. Calif. Case No. 17-12389) on
June 22, 2017.  John Castellucci, the Company's president and CEO,
signed the petition.

At the time of the filing, the Debtor estimated its assets at $50
million to $100 million and debts at $1 million to $10 million.

Judge Fredrick E. Clement presides over the case.

Riley C. Walter, Esq., at Walter Wilhelm Law Group, serves as the
Debtor's bankruptcy counsel.  The Debtor hired Brown Armstrong as
its accountant and Williams, Brodersen, Pritchett LLP as its
special counsel.

On July 28, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  Polsinelli LLP
represents the committee as legal counsel.

Howard Ehrenberg was appointed Chapter 11 trustee on September 11,
2017.  The trustee hired Belden Blaine Raytis LLP as his legal
Counsel and Force Ten Partners LLC as his financial advisor.


DOOR TO DOOR STORAGE: Taps Clark Nuber as Accountant
----------------------------------------------------
Door to Door Storage Inc. seeks approval from the U.S. Bankruptcy
Court for the Western District of Washington to hire an
accountant.

The Debtor proposes to employ Clark Nuber P.S. to prepare its 2017
state and federal tax returns and provide other tax-related
accounting services.

Clark Nuber is "disinterested" as defined in section 101(14) of the
Bankruptcy Code and does not represent any interest adverse to the
Debtor's estate, according to court filings.

The firm can be reached through:

     Stephen J. Day
     Clark Nuber PS
     10900 NE 4th St, Suite 1700
     Bellevue, WA 98004
     Phone: 425-454-4919
     Toll Free: 800-504-8747
     Fax: 425-454-4620

                About Door to Door Storage Inc.

Headquartered in Kent, Washington, Door to Door Storage, Inc.
provides nationwide portable, containerized storage services in
approximately 50 locations across the United States.

Door to Door filed a chapter 11 petition (Bankr. W.D. Wash. Case
No. 16-15618-CMA) on Nov. 7, 2016. The petition was signed by
Tracey F. Kelly, president. The case is assigned to Judge
Christopher M. Alston. At the time of filing, the Debtor had total
assets of $4.08 million and total liabilities of $5.65 million.

The Debtor hired Bush Kornfeld LLP and Schlemlein Goetz Fick &
Scruggs, PLLC as counsel; Socius Law Group PLLC, David Carlos
Kaslow, Esq., and Littler Mendelson PC, as special counsel; Clark
Nuber P.S. as accountant; and Orse & Company, Inc. as financial
advisor.

On November 17, 2017, the U.S. Trustee appointed an official
committee of unsecured creditors. Sheppard, Mullin, Richter &
Hampton LLP serves as counsel to the committee while Province, Inc.
serves as financial advisor.


EAST MAIN COMPLEX: Interim Cash Use Order Entered
-------------------------------------------------
The Hon. Carl L. Bucki of the U.S. Bankruptcy Court for the Western
District of New York has authorized East Main Complex, LLC, to use
Manufacturers and Traders Trust Company's cash collateral on an
interim basis until the time of the final hearing.  A final hearing
on the Debtor's cash collateral use will be held on Oct. 16, 2017,
at 10:00 a.m.

As interim adequate protection to the Secured Creditor, the Secured
Creditor is granted "rollover" and replacement liens in
post-petition assets of the Debtors of the same relative priority
and on the same type and kinds of collateral as it possessed
prepetition.

As additional adequate protection to the Secured Creditor, the
Debtor will forward the regular monthly payments, in the amount of
$15,196, starting with September 2017, with each subsequent payment
to be made on the first day of each month starting on Oct. 1, 2017,
payable to M&T Bank.

On Sept. 22, 2017, the Court ordered the removal of Jeff
Bochiechio, Esq., as receiver.  The Receiver will account for all
checks and cash received prior to the Petition Date, to the Debtor
no later than seven business days after entry of the court order.

As reported by the Troubled Company Reporter on Sept. 29, 2017, the
Debtor asked the Court to (a) direct and compel court-appointed
receiver Bouvier Partnership, LLP, to turnover and relinquish
control over the Debtor's real property located at 183 East Main
Street, Fredonia, New York 14063, together with (i) all rents and
other proceeds of the Debtor's property collected or otherwise
under control of the Receiver since his appointment in the
foreclosure proceeding, and (ii) the Debtor's personal property
located at the 183 East Main Street, and to provide an accounting
of the Debtor's Property to the Office of the U.S. Trustee and the
Debtor as soon as practicable but not later than 10 days after
entry of the turnover and cash collateral order, (b) use cash
collateral in the ordinary course of the Debtor's business on an
emergency basis including the rents and any proceeds from operating
183 Main Street.

The Receiver will issue a remittance payable to the Debtor in the
amount of $22,343.61, the amount representing the Fredonia Central
School 2017-2018 Tax Bill (of $37,539.61), less $15,196 on account
of the Debtor not turning over the rents for the month of August
2017 to the Receiver.  

With the exception of the School Tax Carve Out, all checks and cash
received prior to the Petition Date is the property of M&T Bank.

The Debtor will pay the Fredonia Central School 2017-2018 Tax Bill,
in the amount of $37,539.61 on or before Oct. 3, 2017, or within
seven days of receiving the School Tax Carve Out, whichever date is
later in time, and failure by the Debtor to pay the real property
tax will be grounds for termination of the emergency authority to
use cash collateral.

With the exception of the Receiver's operating account, the Debtor
will be allowed to take over operation of the 183 Main Street
including, but not limited to: rent, keys, bank accounts, deposits
and any other property of the bankruptcy estate.

Copies of the court orders are available at:

          http://bankrupt.com/misc/nywb17-11789-19.pdf
          http://bankrupt.com/misc/nywb17-11789-31.pdf

                 About East Main Complex, LLC

East Main Complex, LLC, is a small business debtor as defined in 11
U.S.C. Section 101(51D) and is an operator of an apartment
building.  It owns in fee simple interest a real property located
at 183 East Main Street, Fredonia, New York Chautauqua County
valued at $1.98 million.

East Main Complex filed for Chapter 11 bankruptcy protection
(Bankr. W.D.N.Y. Case No. 17-11789) on Aug. 25, 2017, listing its
total assets at $2.06 million and its total liabilities at $2.07
million.  The petition was signed by Daniel P. Sturniolo, sole
member.

Judge Carl L. Bucki presides over the case.

Robert B. Gleichenhaus, Esq., at Gleichenhaus, Marchese & Weishaar,
P.C., serves as the Debtor's bankruptcy counsel.


ENVIVA PARTNERS: S&P Affirms B+ Corp Credit Rating, Outlook Stable
------------------------------------------------------------------
S&P Global Ratings said it affirmed its 'B+' corporate credit
rating on master limited partnership (MLP) Enviva Partners L.P. The
outlook remains stable.

S&P also affirmed its 'B+' issue-level rating on Enviva's $355
million senior unsecured notes due 2021. The '4' recovery rating
indicates that lenders can expect average (30%-50%; rounded
estimate: 40%) recovery in the event of a payment default.

Bethesda, Md.–based midstream master limited partnership Enviva
Partners L.P. has announced a $55 million add-on to its existing
senior unsecured notes. The partnership will use the proceeds to
repay borrowings outstanding on its revolving credit facility.

S&P said, "Our 'B+' corporate credit rating on Enviva reflects our
assessment of a weak business risk profile and aggressive financial
risk profile. The business risk profile reflects the partnership's
limited scale and diversity. Enviva has significant counterparty
concentration, with two counterparties, Drax Power Ltd and
Lynemouth Power Ltd, accounting for approximately 70% of current
product sales. If the credit quality of one of these counterparties
deteriorates to a point that it is unable to meet its contractual
agreements, it could pressure Enviva's credit quality. Both
counterparties are in the U.K., exposing Enviva to British
regulatory risk. Slightly offsetting the lack of customer diversity
is the highly contracted nature of Enviva's cash flows. In our
view, Enviva has an above-average contract profile, with a weighted
average contract length of about 10 years with highly rated
counterparties. These cash flows are firm take-or-pay in nature,
which provide visibility into the future cash flow stream. Enviva's
business risk profile could improve over time from the addition of
new contracts with counterparties in Europe and Asia which would
expand the partnership's geographic reach and further diversify the
existing customer concentration.

"The rating outlook on Enviva is stable. Based on the above-average
contract profile, we expect the partnership to maintain adequate
liquidity and adjusted debt to EBITDA below 4x through 2018.

"We could lower the rating if Enviva is unable to re-contract or
replace counterparties for offtake volumes, leading to sustained
debt to EBITDA exceeding 5x.

"We could raise the rating if Enviva successfully improves its
scale and diversity by means of asset dropdowns or additional
contracts while maintaining current leverage metrics."



ERIN ENERGY: Dr. Kase Lawal Has 57.7% Equity Stake as of July 5
---------------------------------------------------------------
Dr. Kase Lawal reported in a Schedule 13D filed with the Securities
and Exchange Commission that as of July 5, 2017, he beneficially
owns 120,935,652 shares of common stock of Erin Energy Corporation,
constituting 57.7 percent of the shares outstanding.  Dr. Kase
Lawal is the chairman of CAMAC International Corporation, a company
involved in engineering services, logistics, and midstream
petroleum business.  Dr. Lawal is also the chairman of Unity
National Bank.  Dr. Lawal's business address is 1330 Post Oak
Blvd., Ste. 2200, Houston, Texas 77056.

On April 3, 2017, an aggregate of 116,108,833 shares of Erin
Energy's common stock previously held by Allied Energy PLC, were
foreclosed upon by Oltasho Nigeria Limited, in connection with the
failure of Allied to timely repay $50 million owed to Oltasho,
pursuant to the terms of a loan agreement and certain stock
pledges.

On April 13, 2017, an aggregate of 1,515,927 shares of the Issuer's
common stock previously held by CAMAC Int'l (Nigeria) Ltd., were
foreclosed upon by Latmol Investment Limited, in connection with
the failure of CAMAC International to timely repay $50 million owed
by CAMAC International to Latmol, pursuant to the terms of a loan
agreement and a stock pledge.

The shares of common stock previously held by Allied and CAMAC
International were beneficially owned by Dr. Lawal, due to his
voting and dispositive control over the securities held by those
entities.

Dr. Lawal beneficially owns 3,310,892 shares of common stock (1.5 %
of the Issuer's outstanding common stock) and he has the right to
vote an aggregate of an additional 117,624,760 voting shares
pursuant to the Voting Agreement, representing 56.2% of the
Issuer's outstanding common stock, or 57.7% in aggregate with the
shares beneficially owned by Dr. Lawal.

                        Voting Agreement

On July 5, 2017, Oltasho and Latmol entered into a Voting Agreement
with Dr. Lawal pursuant to which Oltasho and Latmol provided
complete authority to Dr. Lawal to vote the 117,624,760 shares
foreclosed upon at any and all meetings of stockholders of the
Issuer and via any written consents.  The Voting Agreement has a
term of approximately 10 years, through July 31, 2027, but can be
terminated at any time with the mutual consent of the parties. In
connection with their entry into the Voting Agreement, Oltasho and
Latmol each provided Dr. Lawal an irrevocable voting proxy to vote
the shares covered by the Voting Agreement.  Additionally, Oltasho
and Latmol agreed not to transfer the shares covered by the Voting
Agreement, during the term of that agreement, except pursuant to
certain limited exceptions described in the Voting Agreement.

The result of the Voting Agreement was another change in control of
the Issuer, with Dr. Lawal obtaining voting control over
117,624,760 shares of the Issuer's common stock, or 54.5% of the
Issuer's common stock as of the parties' entry into the Voting
Agreement.  Total consideration provided to Oltasho and Latmol for
the Voting Agreement was $10, provided that Oltasho and Latmol have
no desire to control the Issuer and believe that voting control of
the Issuer was best determined by Dr. Lawal, a United States
resident, who has extensive knowledge of United States laws and the
assets and operations of the Issuer, as Dr. Lawal was, until he
recently retired, the chairman and chief executive officer of the
Issuer.

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

                    https://is.gd/1eOHQ6

                     About Erin Energy

Houston, Texas-based Erin Energy Corporation is an independent oil
and gas exploration and production company focused on energy
resources in Africa.  The Company acquires and develops
high-potential exploration and production assets in Africa, and
explores and develops those assets through strategic partnerships
with national oil companies, indigenous local partners and other
independent oil companies.  The Company has production and
exploration projects offshore Nigeria, as well as exploration
licenses offshore Ghana, Kenya and Gambia, and onshore Kenya.

Erin Energy reported a net loss attributable to the Company of
$142.40 million on $77.81 million of revenues for the year ended
Dec. 31, 2016, compared to a net loss attributable to the Company
of $430.93 million on $68.42 million of revenues for the year ended
Dec. 31, 2015.  As of June 30, 2017, Erin Energy had $190.9 million
in total assets, $540.2 million in total liabilities and a total
capital deficiency of $349.2 million.

Pannell Kerr Forster of Texas, P.C., in Houston, Texas, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2016, citing that the
Company incurred net losses in each of the years ended Dec. 31,
2016, 2015 and 2014, and as of Dec. 31, 2016, the Company's current
liabilities exceeded its current assets by $264.4 million.  These
conditions, along with other matters, raise substantial doubt about
the Company's ability to continue as a going concern.


EUROSTAR LLC: 15% Dividend for Unsecured Creditors Under Plan
-------------------------------------------------------------
Eurostar, LLC, filed with the U.S. Bankruptcy Court for the Eastern
District of New York a disclosure statement explaining its plan of
reorganization.

Class III consists of the claims of general unsecured creditors in
the Debtors' case totaling approximately $5,784.58. The Debtor
proposes to pay 15% dividend of their allowed claims in 12 equal
monthly installments effective 30 days after the Effective Date of
this Plan. This class is impaired.

The funds required for confirmation and the payment of claims
required to be paid on the Effective Date shall be provided by the
Debtor and the Reorganized Debtor from funds generated by the
business operations of the Debtor.

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

    http://bankrupt.com/misc/nyeb1-17-41761-33.pdf

Attorney for the Debtor:

     Alla Kachan, Esq.
     3099 Coney Island Ave, 3rd Floor
     Brooklyn, NY 11235
     Tel: (718) 513-3145
     Fax: (347) 342-315
     E-mail: alla@kachanlaw.com

                    About Eurostar LLC

Eurostar LLC, filed a Chapter 11 bankruptcy petition (Bankr.
E.D.N.Y. Case No. 17-41761) on April 12, 2017, disclosing under $1
million in both assets and liabilities. The Debtor is represented
by Alla Kachan, Esq., at the Law Offices of Alla Kachan, P.C. The
Debtor hired Wisdom Professional Services Inc., as accountant.


FANNIE MAE & FREDDIE MAC: Fairholme Seeks High Court Review
-----------------------------------------------------------
After years of Fannie Mae and Freddie Mac shareholders being shooed
away by trial courts and circuit courts of appeal, Fairholme Funds,
Inc., is asking the U.S. Supreme Court this week to answer this
legal question:

    Does 12 U.S.C. sec. 4617(f) foreclose judicial review
    of an agreement between the Federal Housing Finance
    Agency and the Department of the Treasury to transfer
    the net worth and all future profits of Fannie Mae and
    Freddie Mac to the federal government and require both
    Companies to operate with no capital?

Fairholme says the answer is no.  "If the D.C. Circuit is right,
Congress has set up a structure that makes a mockery of our system
of checks and balances, with an independent agency headed by an
unelected Director not answerable to the President, free to act
without regard to Congress’s instructions, and without fear of
judicial intervention," Fairholme tells the nine justices.
"Fortunately," Fairholme adds, "the D.C. Circuit is wrong."  

Fairholme urges the Court to grant its petition and review the D.C.
Circuit's decision.  

Fairholme notes that by allowing FHFA to wind down the Companies
and distribute their assets to a favored stakeholder (Treasury)
during conservatorship, the D.C. Circuit panel majority's
interpretation provides a mechanism by which FHFA can evade HERA's
carefully delineated procedures for resolving claims against the
Companies during liquidation.  For example, Fairholme explains, by
winding down the Companies during conservatorship, FHFA could
transfer assets to shareholders or subordinated debtholders before
paying general creditors, in direct contravention of 12 U.S.C. sec.
4617(c)(1).  Indeed, this is precisely what the Net Worth Sweep has
accomplished, as it has resulted in Fannie and Freddie distributing
hundreds of billions of dollars of their capital to Treasury -- an
equity shareholder.  Congress plainly did not intend such a
result,
and at least before the Net Worth Sweep financial markets had no
reason to expect it.  Just last Term, Fairholme observes, the High
Court rejected a similar attempt to evade the statutory order of
priorities in the bankruptcy context in Czyzewski v. Jevic Holding
Corp., 137 S. Ct. 973, 984 (2017), and it should do so again here.

Fairholme is represented by Charles J. Cooper, David H. Thompson,
Howard C. Nielson, Jr., Peter A. Patterson, and Brian W. Barnes at
Cooper & Kirk, PLLC, in Washington, D.C.

               About Fannie Mae and Freddie Mac

Federal National Mortgage Association (OTCQB: FNMA), commonly known
as Fannie Mae -- http://www.FannieMae.com/-- is a
government-sponsored enterprise (GSE) that was chartered by U.S.
Congress in 1938 to support liquidity, stability and affordability
in the secondary mortgage market, where existing mortgage-related
assets are purchased and sold.

A brother organization of Fannie Mae is the Federal Home Loan
Mortgage Corporation (FHLMC), better known as Freddie Mac.  Freddie
Mac (OTCBB: FMCC) -- http://www.FreddieMac.com/-- was established
by Congress in 1970 to provide liquidity, stability and
affordability to the nation's residential mortgage markets.
Freddie Mac supports communities across the nation by providing
mortgage capital to lenders.

During the time of the subprime mortgage crisis, on Sept. 6, 2008,
Fannie Mae and Freddie Mac were placed into conservatorship by the
U.S. Treasury.  The Treasury committed to invest up to $200 billion
in preferred stock and extend credit through 2009 to keep the GSEs
solvent and operating.  Both GSEs are still operating under the
conservatorship of the Federal Housing Finance Agency (FHFA).

In exchange for increased future support and capital investments of
up to $200 billion in each GSE, each GSE agreed to issue to the
Treasury (i) $1 billion of senior preferred stock, with a 10%
coupon, without cost to the Treasury and (ii) common stock warrants
representing an ownership stake of 79.9%, at an exercise price of
one-thousandth of a U.S. cent ($0.00001) per share, and with a
warrant duration of 20 years.  FHFA and Treasury changed that deal
in 2012 to require the GSEs to remit 100% of their profits to
Treasury in perpetuity.  As of Sept. 30, 2017, Fannie and Freddie
received $187.5 billion form Treasury and have returned $275.9
billion to Treasury.  Treasury says it's still owed $187.5 billion.



FOSTER ENTERPRISES: Wants Insurance Premium Financing From Cypress
------------------------------------------------------------------
Foster Enterprises asks the U.S. Bankruptcy Court for the Central
District of California for authorization to obtain postpetition
insurance premium financing from Cypress Premium Funding, Inc.

A hearing on the Debtor's request is set for Nov. 7, 2017, at 1:30
p.m.

The financing will cover the premiums due on account of (1) the
property insurance policy ($37,500.00 premium) and (2) the motor
truck cargo insurance policy ($6,431.25 premium).

The Agreement requires Foster Enterprises to make eight monthly
installment payments in the amount of $3,871.90, with the first
installment payment due Oct. 12, 2017.  The annual percentage rate
is 9.200%.  The total amount financed by Cypress Premium is
$30,975.20 ($3,871.90 × 8), consisting of $29,609.66 in principal
and $1,365.54 in finance charges.

The Debtor proposes to grant to Cypress Premium the liens and
security interests provided under the Agreement, and liens and
security interests are authorized in (a) any unearned premiums and
dividends that may become payable under the policies identified in
the Agreement, and (b) any loss payments under the policies
identified in the Agreement that reduce the unearned premiums,
subject to any mortgagee or loss payee interest pursuant to Section
364(c) of the U.S. Bankruptcy Code.

In the event that Foster Enterprises defaults upon any of the terms
of the Agreement and does not cure the default as and within the
time period provided therein, Cypress Premium may, without moving
for relief from the automatic stay under Section 362(d) of the
Bankruptcy Code and without further order of the Court, exercise
the rights as it would have under applicable state law but for the
pendency of this proceeding, cancel all insurance policies
identified in the Agreement or any amendment thereto, including any
substitute or replacement policies which may be purchased after the
date of this Order, and receive and apply to Foster Enterprises'
account any unearned premiums and dividends and, subject to the
interests of any mortgagee or loss payee, any loss payments that
reduce the unearned premiums.

In the event that, after application of unearned premiums or loss
payments, any sums still remain due to Cypress Premium under the
Agreement, the deficiency will, pursuant to Section 364(c)(1) of
the Bankruptcy Code, be deemed an administrative expense of Foster
Enterprises' estate with priority over any or all administrative
expenses of the kind specified in Sections 503(b) or 507(b) of the
Bankruptcy Code, regardless of whether the administrative expenses
are incurred in this case or after any conversion of this case to a
case under Chapter 7 of the Bankruptcy Code.

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

       http://bankrupt.com/misc/cacb17-15749-141.pdf

                    About Foster Enterprises

Foster Enterprises is a trucking company in Ontario, California.
The principal business address of the Debtor is 13610 S. Archibald
Avenue, Ontario, San Bernardino County, California.

Foster Enterprises sought Chapter 11 protection (Bankr. C.D. Cal.
Case No. 17-15749) on July 10, 2017, estimating assets and
liabilities at $1 million to $10 million.  The petition was signed
by Jeffery Foster, general partner.

The case is jointly administered with the Chapter 11 case of Howard
Dean and Anna Mae Foster (Bankr. C.D. Cal. Case No. 17-15915) filed
on July 10, 2017.   Ms. Foster is a general partner in Debtor.

The cases are assigned to Judge Scott C. Clarkson.

The Fosters are represented by Dean G. Rallis, Jr., Esq., at Angin,
Flewelling, Rasmussen, Campbell & Trytten LLP.


GARLIC'S COVE: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------------
The Office of the U.S. Trustee on Oct. 17 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Garlic's Cove LLC.

Garlic's Cove LLC filed for Chapter 11 bankruptcy protection
(Bankr. D. Ariz. Case No. 17-10986) on Sept. 19, 2017.


GELTECH SOLUTIONS: Obtains $525K from Sale of Common Shares
-----------------------------------------------------------
Michael Reger, the chairman and president of GelTech Solutions,
Inc., purchased 285,714 shares of the Company's common stock and
142,857 two-year warrants exercisable at $2.00 per share for
$50,000 on Oct. 12, 2017, according to a Form 8-K report filed with
the Securities and Exchange Commission.

Additionally, since Aug. 29, 2017, Mr. Warren Mosler, a 10% holder,
has purchased 2,639,284 shares of the Company's common stock and
1,319,643 two-year warrants exercisable at $2.00 per share for a
total of $475,000.  These purchases were made in accordance with
that certain Stock Purchase Agreement entered into with Mr. Mosler
which was previously disclosed on a Form 8-K filed on Aug. 28,
2017.

All of the securities reported under this Item 3.02 were issued
without registration under the Securities Act of 1933 in reliance
upon the exemption provided in Section 4(a)(2) and Rule 506(b)
thereunder.

                        About GelTech

Jupiter, Fla.-based GelTech Solutions. Inc. is a Delaware
corporation organized in 2006.  The Company markets four products:
(1) FireIce(R), a water soluble fire retardant used to protect
firefighters, structures and wildlands; (2) Soil2O(R) 'Dust
Control', its new application which is used for dust mitigation in
the aggregate, road construction, mining, as well as, other
industries that deal with daily dust control issues; (3) Soil2O(R),
a product which reduces the use of water and is primarily marketed
to golf courses, commercial landscapers and the agriculture market;
and (4) FireIce(R) Home Defense Unit, a system for applying
FireIce(R) to structures to protect them from wildfires.

GelTech Solutions reported a net loss of $4.67 million on $1.20
million of sales for the year ended Dec. 31, 2016, compared with a
net loss of $6.02 million on $1.31 million of sales for the year
ended Dec. 31, 2015.  As of June 30, 2017, Geltech had $2.31
million in total assets, $8.74 million in total liabilities and a
total stockholders' deficit of $6.42 million.

Salberg & Company, P.A., in Boca Raton, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, citing that the Company has a net
loss and net cash used in operating activities in the amount of
$4.672 million and $3.345 million, respectively, for the year ended
Dec. 31, 2016, and has an accumulated deficit and stockholders'
deficit of $47.96 million and $6.364 million, respectively, at Dec.
31, 2016.  These matters raise substantial doubt about the
Company's ability to continue as a going concern.


GIGA-TRONICS INC: Shareholders Elect Five Directors
---------------------------------------------------
Giga-tronics Incorporated held its annual meeting of shareholders
on Oct. 11, 2017, at which the shareholders:

   (a) elected Gordon L. Almquist, Lutz P. Henckels, John R.
Regazzi, William J. Thompson and Jamie Weston to the Company's
Board of Directors to serve for the ensuing year;

   (b) ratified the appointment of Crowe Horwath LLP as independent
certified public accountants for the fiscal year ending March 31,
2018;

   (c) approved on an advisory basis the compensation of the
Company's named executive officers;

   (d) approved an amendment to the Company's amended and restated
articles of incorporation to effect a reverse stock split of the
outstanding shares of the Company's common stock, no par value, in
the ratio of 1:4; and

   (e) approved under applicable NASDAQ rules, the issuance of
shares in a private placement of any combination of common stock,
preferred stock or warrants to purchase common stock, which upon
their issuance could result in the issuance of more than 20% of the
number of outstanding shares.

                      About Giga-tronics

Headquartered in Dublin, California, Giga-tronics Incorporated
(NASDAG:GIGA) produces electronic warfare instruments used in the
defense industry and YIG RADAR filters used in fighter jet
aircraft.  It designs, manufactures and markets the new Advanced
Signal Generator (ASG) for the electronic warfare market, and
switching systems that are used in automatic testing systems
primarily in aerospace, defense and telecommunications.

Giga-tronics reported a net loss of $1.54 million on $16.26 million
of net sales for the year ended March 25, 2017, compared to a net
loss of $4.10 million on $14.59 million of net sales for the year
ended March 26, 2016.  As of June 24, 2017, Giga-tronics had $9.06
million in total assets, $8.39 million in total liabilities and
$668,000 in total shareholders' equity.

The Company incurred net losses of $1.3 million and $102,000 in the
first quarter of fiscal 2018 and fiscal 2017, respectively.  These
losses have contributed to an accumulated deficit of $26.8 million
as of June 24, 2017.  The Company used cash flow in operations
totaling $1.1 million and $589,000 in the first quarter of fiscal
2018 and 2017, respectively.

The Company has experienced delays in the development of features,
receipt of orders, and shipments for the new Advanced Signal
Generator.  These delays have contributed, in part to a decrease in
working capital.  The new ASG product has shipped to several
customers, but potential delays in the development of features,
longer than anticipated sales cycles, or uncertainty as to the
Company's ability to efficiently manufacture the ASG, could
significantly contribute to additional future losses and decreases
in working capital.

To help fund operations, the Company relies on advances under the
line of credit with Bridge Bank which expires on May 6, 2019.  The
agreement includes a subjective acceleration clause, which allows
for amounts due under the facility to become immediately due in the
event of a material adverse change in the Company's business
condition (financial or otherwise), operations, properties or
prospects, or ability to repay the credit based on the lender's
judgement.  As of June 24, 2017, the line of credit had a balance
of $582,000.

The Company said these matters raise substantial doubt as to its
ability to continue as a going concern.


GOODMAN AND DOMINGUEZ: Plan Filing Period Extended Through Oct. 31
------------------------------------------------------------------
The Hon. Robert A. Mark of the U.S. Bankruptcy Court for the
Southern District of Florida has entered an Interim Order,
extending the exclusive periods for Goodman and Dominguez, Inc. and
its affiliates to file a plan of reorganization and solicit
acceptances to that plan, through and including October 31 and
December 27, 2018, respectively.

The Court has scheduled a final hearing on the Debtors' Motion for
an Extension of Exclusivity Periods which will take place on
October 31 at 1:30 p.m.

The Debtors are required to file the monthly operating reports for
September 2017 by October 25.

The Troubled Company Reporter has previously reported that the
Debtors sought a 90-day extension of their exclusive periods to
file a plan of reorganization and solicit acceptances to that plan,
to January 8 and March 6, 2018, respectively.

The Debtors contended that the general claims bar date falls less
than one week after the October 10 deadline for the Debtors to file
a proposed plan. Pursuant to the Bar Date Notice dated June 19, the
general bar date for entities to file proofs of claim is October 12
and for governmental units to file proofs of claim is December 6.
The Debtor said that as of October 4, only 35 proofs of claim have
been filed.

In order for the Debtors to provide adequate information regarding
expected distributions to creditors in the disclosure statement to
be filed by the Debtors, the Debtors told the Court that it needed
an extension of the Exclusivity Periods until after the passage of
the Bar Dates to provide them sufficient time to review and analyze
the claims that were filed to determine the proper amounts of such
claims for inclusion in the disclosure statement.

Likewise, the Debtors claimed that they are in meaningful
discussions and negotiations with several landlords regarding
potential lease modifications and rent reduction which will greatly
enhance the Debtors reorganization efforts. In addition, the
Debtors said that they have been working throughout their chapter
11 cases with the Committee and the Office of the U.S. Trustee on
issues that have arisen in these chapter 11 cases.

Thus, the Debtors needed additional time to continue and finalize
these negotiations as part of the plan process.

                    About Goodman and Dominguez

Goodwin and Dominguez, Inc. and its affiliated entities own and
operate a closely-held business in the retail shoe industry and
on-line sales via e-commerce at http://www.trafficshoe.com/-- The
business, which started in Miami in 1989 with just one store,
strives to provide the hottest footwear to a fashion forward,
budget conscious consumer.

Goodwin and Dominguez and its affiliates co-debtors Traffic, Inc.,
Traffic Las Plazas, Inc., and Traffic Plaza Del Norte, Inc., filed
voluntary petitions for relief under chapter 11 of the Bankruptcy
Code (Bankr. S.D. Fla. Lead Case No. 16-10056) on Jan. 4, 2016.

When they sought bankruptcy protection in 2016, the Debtors
operated 83 mall-based stores located in 9 states within the U.S.
and Puerto Rico and employed 608 employees. Upon the effective date
of the reorganization plan confirmed December 2016, the Debtors
expected to continue operating 62 mall-based stores with 477
employees.

The Official Committee of Unsecured Creditors formed in the 2016
cases tapped Christopher A. Jarvinen and the Law Firm of Berger
Singerman LLP as counsel and KapilaMukamal as financial advisor.

On June 9, 2017, Goodwin and Dominguez and its affiliated debtors
commenced new Chapter 11 cases (Bankr. S.D. Fla. Lead Case No.
17-17237).  Goodwin and Dominguez estimated $1 million to $10
million in assets and liabilities.

The Hon. Robert A Mark oversees the 2017 cases.  Meland Russin &
Budwick, P.A., is serving as counsel to the Debtors.  It also
served as counsel to the Debtors in the original cases.

Christopher A. Jarvinen, Esq. at Berger Singerman LLP serves as
counsel to the Debtors' Official Committee of Unsecured Creditors.


HARRINGTON & KING: Taps Rally Capital as Investment Banker
----------------------------------------------------------
The Harrington & King Perforating Co., Inc., received approval from
the U.S. Bankruptcy Court for the Northern District of Illinois to
hire Rally Capital Services LLC as investment banker.

The firm will provide these services to the company and its
affiliates in connection with their Chapter 11 cases:

     (a) provide advice to management and certain budgeting and
         back-office accounting services, as needed, to monitor
         the Debtors' going-concern operations for a limited time

         (approximately 6 to 8 weeks) while it attempts to
         identify potential purchasers and, if possible, complete
         a going-concern sale of their business;

     (b) review and evaluate the Debtors' existing projections and

         work with the Debtors to develop updated financial
         projections based on the current and projected backlog of

         orders;

     (c) work with the Debtors to develop weekly cash flow
         schedules to monitor, maintain, and control their
         performance during the going-concern marketing period;

     (d) keep all interested parties apprised of the Debtors'
         financial performance during the marketing period;

     (e) market the Debtors' assets for sale consistent with
         procedures to be approved by the court, negotiate the
         terms of any sale with potential purchasers, and if
         necessary, conduct an auction of the Debtors' assets; and

     (f) work with the Debtors to prepare an updated liquidation
         analysis in preparation for a liquidation of all of their

         assets in the event that their business cannot be sold as

         a going concern.

The personnel expected to provide the services are Howard Samuels,
David Missner, and Daniel Lee, each of whom has an hourly billing
rate of $300.  The hourly rates for other professionals employed
with the firm range from $225 to $300.

Rally Capital will receive from the Debtors a retainer in the sum
of $50,000.

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

The firm can be reached through:

     Howard B. Samuels
     Rally Capital Services LLC
     350 N. LaSalle Street, Suite 1100
     Chicago, IL 60610

                   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 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.



HERITAGE GREEN: Hires Togut Segal & Segal as Restructuring Counsel
------------------------------------------------------------------
Heritage Green Development LLC seeks authority from the United
States Bankruptcy Court for the Southern District of New York to
employ Togut, Segal & Segal LLP  as restructuring counsel.

Services to be provided by the Togut Firm are:

     a. advise the Debtor regarding its powers and duties as
        Debtor-in-possession;

     b. prepare and file, on the Debtor's behalf, motions,
        applications, answers, proposed orders, reports and
        papers necessary to represent the Debtor's interests
        in the Chapter 11 Case;

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

     d. prepare and file the Debtor's Schedules of Assets and
        Liabilities and Statements of Financial Affairs;

     e. obtain Bankruptcy Court approval to retain professionals
        as may be needed in this Chapter 11 Case;

     f. reconcile and, if appropriate, object to, claims filed
        against the Debtor in this Chapter 11 Case;

     g. effectuate the assumption, assignment and rejection, as
        appropriate, of executory contracts and unexpired leases,
        if any;

     h. negotiate, consummate, and seek Court approval for the
        sale of estate assets;

     i. prepare, file and seek confirmation of a Chapter 11 plan;

     j. appear before the Court and any appellate courts to
        protect the interests of the Debtor's estate in
        connection with restructuring matters;

     k. respond to inquiries and calls from creditors and counsel
        to interested parties regarding pending matters; and

     l. perform other necessary legal services for matters, and
        provide other necessary legal advice to the Debtor in
        connection with this Chapter 11 Case.

The Togut Firm's hourly rates are:

     Partners                   $695 to $990
     Counsel                    $630 to $730
     Associates                 $320 to $570
     Paralegals and Law Clerks  $195 to $335

Frank A. Oswald, a member of Togut, Segal & Segal LLP, attests that
the Togut Firm is a "disinterested person" 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:

     Frank A. Oswald, Esq.
     Scott E. Ratner, Esq.
     TOGUT, SEGAL & SEGAL LLP
     One Penn Plaza
     New York, NY 10119
     Tel: (212) 594-5000
     E-mail: frankoswald@teamtogut.com
             seratner@teamtogut.com.
  
                 About Heritage Green Development

Heritage Green Development filed as a Single Asset Real Estate (as
defined in 11 U.S.C. Section 101(51B)).  The Company's principal
assets are located at Rosewick Road at Radio Station Road, Charles
County, La Plata, Maryland, with an estimated market value of $22.3
million.  Heritage Green is owned by Lapas, L.C. (20%) and Blazec
Enterprises Limited (80%).  It is an affiliate of Puble N.V. and
Scotia Valley N.V., both of which sought bankruptcy protection
(Bankr. S.D.N.Y. Case Nos. 17-10747 and 17-10748, respectively) on
March 28, 2017.

Heritage Green Development filed a Chapter 11 petition (Bankr.
S.D.N.Y. Case No. 17-12701) on September 27, 2017.  The petition
was signed by Charis C. Lapas, manager.  Judge Michael E. Wiles
presides over the case. Frank A. Oswald, Esq. and Scott E. Ratner,
Esq. at Togut, Segal & Segal LLP represents the Debtor as counsel.

At the time of filing, the Debtor estimates $10 million to $50
million in both assets and liabilities.


HI-CRUSH PARTNERS: Moody's Hikes CFR to B3; Outlook Stable
----------------------------------------------------------
Moody's Investors Service upgraded Hi-Crush Partners LP's
("Hi-Crush" or "LP") Corporate Family Rating ("CFR") to B3 from
Caa1, the Probability of Default Rating to B3-PD from Caa1-PD, and
senior secured term loan B due 2021 to B3 from Caa1. The
Speculative Grade Liquidity Rating was upgraded to SGL-2. The
outlook was changed to stable from positive.

The following rating actions were taken:

Corporate Family Rating, upgraded to B3 from Caa1;

Probability of Default Rating, upgraded to B3-PD from Caa1-PD;

$200 million senior secured term loan B due 2021, upgraded to B3
(LGD3) from Caa1 (LGD3);

Speculative Grade Liquidity Rating, upgraded to SGL-2 from SGL-3;

The rating outlook was changed to stable from positive.

RATINGS RATIONALE

The ratings upgrade reflects improvement in key credit metrics and
Moody's expectation that industry conditions will continue to
improve in 2018 on the strength of frac-sand demand and increasing
volumes. Adjusted operating margin improved to 4.5% for the 12
months ended June 30, 2017 from -11.5% for the year ended 2016.
Adjusted EBIT to interest expense improved to 0.7x from -1.0x and
adjusted debt-to-EBITDA to 6.0x from 27.9x over the same period.
Moody's expects adjusted operating margin to increase above 11%,
adjusted EBIT to interest expense to increase to approximately 3.1x
and adjusted debt-to-EBITDA to approximately 3.1x by year end
2017.

Hi-Crush's credit profile is supported by the LP's solid market
position in the frac-sand industry, its position as one of the
larger frac-sand producers of high-quality "Northern White" sand,
strategically located production facilities and logistical network,
and long-standing customer relationships. In 2017, Hi-Crush added
to its platform the LP's first in-basin facility serving the
Permian Basin. Moody's credit views also considers the firm's
limited size, reliance on a single commodity product, exposure to
one cyclical end market, and reliance on the hydraulic fracturing
industry for substantially all of its revenue and operating income.
As of July 31, 2017, Hi-Crush's liquidity includes approximately
$85.7 million, consisting of approximately $27.5 million in cash
and $58.2 million revolver (unrated) capacity. Liquidity is also
supported, to a limited extent, by Moody's expectations that
Hi-Crush will generate free cash flow even when the LP restores
cash distributions to unit holders. Moody's credit view
incorporates the Master Limited Partnership ("MLP") capital
structure which constrains liquidity in a normalized operating
environment.

Importantly, Moody's credit views overweights the volatility in
operating performance associated with the LP's key oil and gas
markets which experienced prolonged and material weakness in 2015
and 2016. Hi-Crush's adjusted operating margin was negative in each
quarter during 2016, and only turned positive in 2Q17 on the
recovery in energy markets.

Hi-Crush's Speculative Grade Liquidity rating of SGL-2 reflects the
company's good liquidity position. As of July 31, 2017, Hi-Crush's
liquidity includes approximately $85.7 million, consisting of
approximately $27.5 million in cash and $58.2 million revolver
(unrated) capacity. The company had $16.8 million letter of credit
commitments. The LP also has available an equity distribution
program under which the company can sell common LP units up to $50
million. As of June 30, 2017, no common LP units had been issued
under this program. Hi-Crush has no material debt maturities until
April 2019 when its $75 million revolving credit agreement matures.
As of June 30, 2017, Hi-Crush had no outstanding indebtedness under
the revolver. The revolver is governed by quarterly maximum
leverage covenant and minimum interest coverage beginning the
quarter ending June 30, 2017. The facility also provides for an
equity cure provision to cover any covenant shortfalls. Moody's
believes Hi-Crush will have healthy cushions in its financial
covenants through 2018.

The company has generated negative free cash flow over the past
several years due to distributions made to the company's unit
holders and capital investments, and more recently due to weak
earnings. Given the company's MLP structure and despite Hi-Crush's
distribution suspension, Moody's expects that the company will
return to making distributions to its unit holders resulting in
weak free cash flow generation over the long-term.

The stable outlook reflects Moody's expectations that adjusted
operating income and key credit metrics will improve from higher
volumes and stable pricing driven by favorable supply/demand
dynamics. The stable outlook also assumes that Hi-Crush will
maintain ample liquidity as it funds its growth initiatives.

Moody's indicated that the ratings could be upgraded if adjusted
EBIT-to-interest expense is sustained above 2.0x, adjusted
debt-to-book capitalization is sustained below 65% and adjusted
operating margin increases above 20%. Additionally, an upgrade
would also require solid liquidity and healthy end market
conditions.

The ratings could be downgraded if the LP fails to increase and
maintain adjusted EBIT-to-interest comfortably above 1.0x, adjusted
operating margin deteriorates, and adjusted debt-to-book
capitalization is sustained above 70%. A ratings downgrade could
also result from a material deterioration in liquidity, any large
debt-funded acquisitions, or any transaction that would weaken the
company's financial flexibility.

The principal methodology used in these ratings was Building
Materials Industry published in January 2017.

Hi-Crush Partners LP, based in Houston, Texas, is an integrated
producer, transporter, marketer and distributor of high-quality
monocrystalline sand, which is a specialized mineral used as a
proppant to recover hydrocarbons from oil and natural gas wells.
Hi-Crush owns, operates and develops sand reserves and related
excavation, processing and distribution facilities. At year-end
2016, the company held approximately 315.7 million tons of proven
recoverable reserves of frac sand meeting API specifications, had
10.43 million tons of annual processing capacity, owned or leased
4,173 railcars and owned 11 destination terminals (two of which are
currently idled). The Kermit facility, which opened in July 2017,
has 55.5 million tons of proven recoverable reserves and 3 million
tons of annual processing capacity. For the 12 months ended June
30, 2017, the company generated revenue of $332 million.


HJR LLC: Hires Newmark Grubb Pfefferle as Real Estate Broker
------------------------------------------------------------
HJR, LLC seeks authorization from the U.S. Bankruptcy Court for the
Eastern District of Wisconsin to employ Newmark Grubb Pfefferle as
real estate broker for the estate.

The Debtor requires Newmark to market and list for sale 1201 N.
Badger Ave., Appleton, WI at a listing price of $209,000.

Newmark total fees are to be based on a 6% commission of the gross
selling price of the property sold.

Elizabeth Ringgold, real estate broker at Newmark Grubb Pfefferle,
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.

Newmark may be reached at:

      Elizabeth Ringgold
      Newmark Grubb Pfefferle
      200 E. Washington Street, Suite 2A
      Appleton, WI 54911
      Tel: (920) 560-5061

                          About HJR, LLC

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.

HJR, LLC, doing business as Neenah BP, formerly doing business as
Badger Avenue Gas, is a small business debtor as defined in 11
U.S.C. Section 101(51D), 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.

Judge Susan V. Kelley is assigned to the case.

The Debtor tapped John W. Menn, Esq., at Steinhilber Swanson LLP,
as counsel.


HOAG URGENT: Hires Force 10 Partners as Financial Advisor
---------------------------------------------------------
Hoag Urgent Care-Tustin, Inc., and its debtor-affiliates seek
permission from the U.S. Bankruptcy Court for the Central District
of California to employ Force 10 Partners, LLC, as their financial
advisor.

The Debtors operate five urgent care clinics located throughout
Southern California.

On September 26, 2013, the Debtors entered into a series of loan
agreements with Opus Bank in order to refinance then-existing debt.
In association with the Opus Loans, Opus purportedly obtained a
security interest in certain assets of the Clinics. Unfortunately,
the business did not expand as forecasted -- which ultimately made
it difficult for the Debtors to meet their obligations under the
Opus Loans, among others.

Accordingly, the Debtors and Opus entered into negotiations in an
effort to restructure the Opus Loans, which ultimately resulted in
the Debtors stipulating to the appointment of a receiver (the "Opus
Receiver") to supervise and oversee certain aspects of the Clinics'
operations. Thereafter, the Opus Receiver, in conjunction with Opus
and Newport Healthcare Center LLC ("Newport"), the lessor of the
properties utilized by the Hoag Debtors, negotiated a settlement
agreement (the "Opus Agreement") through which the Opus Receiver
agreed to transfer and/or relinquish any right in the Hoag clinics
to Newport -- thereby divesting the Hoag Debtors of any interest in
the Hoag clinics -- in exchange for $116,000, which the
Receiver was obligated to pay to Opus upon receipt.

The Debtors require Force 10 to:

     a. analyze the Debtors' operating performance;

     b. prepare short-term and long-term cash flow projections;

     c. assist with the preparation and presentation of the monthly
operating reports and financial information and documentation to be
provided to Opus, Hoag, and Newport;

     d. advise the Debtors on restructuring options;

     e. assist with lender negotiations (if any); and

     f. provide other turnaround-related services and advice.

Force 10 will be paid at these hourly rates:

        Brian Weiss                   $450
        Chad Kurtz                    $325
        Financial Advisors            $195-$450

On July 27, 2017, the Firm received a retainer in the amount of
$40,000.

Force 10 will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Brian Weiss, co-founder and partner with Force 10 Partners,  LLC,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

Force 10 may be reached at:

         Brian Weiss
         Force 10 Partners, LLC
         20341 SW Birch, Suite 220
         Newport Beach, CA 92660
         Tel: (949) 357-2368
         Mobile: (949)933-7011
         E-mail: bweiss@force10partners.com

                  About Hoag Urgent Care-Tustin Inc.

Hoag Urgent Care-Tustin, Inc. and its affiliates operate five
urgent care clinics located throughout Southern California.

The Debtors filed Chapter 11 bankruptcy petitions (Bankr. C.D. Cal.
Case No. 17-13077) on Aug. 2, 2017.  The petitions were signed by
Dr. Robert C. Amster, president.

The Debtors disclosed that they had estimated assets and
liabilities of $1 million to $10 million.

Judge Theodor Albert presides over the cases.  The Debtors hired
Keen-Summit Capital Partners LLC as investment banker.


HUNTINGTON INGALLS: Fitch Hikes IDR & Unsec. Debt Ratings From BB+
------------------------------------------------------------------
Fitch Ratings has upgraded Huntington Ingalls Industries, Inc.'s
(HII) Issuer Default Rating and senior unsecured debt ratings to
'BBB-' from 'BB+' and 'BB+/RR4', respectively. Fitch has also
affirmed HII's senior secured facilities at 'BBB-'. The Rating
Outlook is Stable. The action covers approximately $1.3 billion of
outstanding debt.

KEY RATING DRIVERS

The upgrade is driven by the stabilization of HII's credit profile,
the improvement of several key credit metrics to a level consistent
with an investment-grade rating, and the evolution of HII's
financial policies including management's commitment to maintaining
the company's current credit metrics for the foreseeable future.
Fitch believes the updated financial policy is a logical conclusion
following the stabilization of HII's credit profile over the past
several years, and it also solidified Fitch beliefs that HII has
moved away from a possible material increase in leverage to pursue
sizable debt-funded acquisitions. Fitch's previous 'BB+' rating for
the company reflected a potential for relative instability in the
company's leverage profile.

HII's leverage is low when compared to similarly rated peers in the
aerospace and defense sector; however, Fitch considers it to be
appropriate for the 'BBB-' rating given other aspects of the
company's credit profile. Fitch views HII's lack of revenue
diversification and exposure to program execution risks as
constraints to HII's credit ratings and expects HII would need to
maintain stronger than average credit metrics and financial
flexibility compared to similarly rated aerospace & defense
companies.

In 2016, HII derived more than 90% of its revenues from seven
programs and was exposed to changes to the U.S. Navy's 30-year
shipbuilding plans. The concentration of the large-ticket programs
amplifies operating risks as evidenced by the financial
underperformance of the company from 2008 to 2012 due to troubles
with LPD and LHD/LHA ships in its Ingalls segment.

The company's current leverage profile and solid cash generation
mitigate the aforementioned concerns. Fitch estimates HII will be
able to maintain a strong credit profile and generate positive FCF
even if, simultaneously, one of the programs is cancelled and the
company experiences significant operating underperformance in one
of its segments. In addition, HII's low product diversification is
somewhat mitigated by the strategic importance of its Newport News
operations and its large and highly visible backlog.

HII's gross leverage (debt/EBITDA) was 1.2x for the LTM at June 30,
2017, unchanged from the end of 2016 and 2015, but down from 1.9x
at the end of 2014. HII significantly improved its leverage in 2015
as a result of higher EBITDA margins (as calculated by Fitch) and
the repayment of outstanding senior secured term loan. Fitch
expects the company's leverage will remain stable over the rating
horizon.
HII has also significantly improved its margins and cash flows over
the past five years. EBITDA margins reached 15.3% in 2016, up from
8.4% in 2012, although we believe a more sustainable margin for the
company is in the range of 13%-15%. The company generated $439
million of FCF in 2016 and Fitch expects HII will generate above
$300 million of FCF in 2017, down from 2016, mostly due to an
anticipated significant increase in capex.

The ratings are supported by HII's strong operating performance and
cash generation, solid liquidity, and large and highly visible
backlog and long lead times, which should allow the company to
adjust its cost structure in a timely manner if the U.S. Navy's
30-year shipbuilding plan changes dramatically and unexpectedly.
The company's Newport News operations are strategically important
to the U.S.'s security policy and defense infrastructure, and the
majority of the company's products have a significant role in the
U.S. Navy's 30-year shipbuilding plan.

HII is focused on gradually diversifying its revenues and reducing
its exposure to U.S. Department of Defense (DoD) spending. On
Dec.1, 2016, HII acquired Camber Corporation, a government services
company, for $372 million. Camber, along with several acquisitions
completed in prior years, diversifies HII's product offerings
somewhat and could represent a new growth platform. Fitch views
HII's diversification efforts as credit positive but we are
concerned as to HII's ability to succeed in the highly competitive
technical service sector, which is not the company's historical
core competency.

The company has indicated its top priority is to invest in the core
business and plans to spend approximately $1.2 billion in capital
investments over the next four years as part of the $1.5 billion
five-year plan announced in late 2015. In addition, Fitch believes
the company will pursue small- to medium-sized bolt-on acquisitions
funded by internally generated cash to bolster its Technical
Services segment and improve its diversity. A debt-funded
acquisition is possible; however, we expect the company would have
a well-defined plan to return to its current leverage metrics
within a reasonable timeline.

Rating concerns include HII's significant exposure to program
execution risk, large annual net working-capital swings,
significant annual cash flow fluctuations related to the timing of
pension cost reimbursements from the U.S. government, and program
concentration. HII is also vulnerable to changes in plans regarding
the fleet needs of the DoD and the Department of Homeland Security.


Another concern is the large underfunded status of the company's
defined benefit pension plans. At the end of 2016, HII's pension
plans were underfunded by approximately $1.1 billion (approximately
81% funded), a slight deterioration from $1 billion deficit (82%
funded) at the end of 2015. The deterioration is largely due to
changes in actuarial assumptions, which more than offset HII's $167
million discretionary contribution to the qualified plans and
approximately 7% return on the plan's assets in 2016.

The pension benefit obligation was approximately $6.1 billion at
the end of 2016, while the other post-retirement benefit obligation
was $578 million. HII is fully funded on an ERISA basis and has not
been required to make minimum contributions to its pension plans
since 2011, but the company continued to make annual discretionary
contributions. HII plans to make a $290 million discretionary
contribution to its qualified pension plans in 2017.

The pension deficit and required contributions are mitigated by
expected reimbursements from the U.S. government which treats most
of HII's of pension costs as allowable and reimbursable costs under
some government contracts. The company estimates that its cash
contributions will be fully offset by CAS recovery, and the company
will have a $32 million net cash inflow related to its pension
funding and other post-retirement benefits contributions in 2017.

Ratings of Senior Secured Facility

Despite having higher seniority and security, Fitch has affirmed
HII's senior secured credit facility at 'BBB-', pari-passu with the
upgraded IDR and the ratings of the senior unsecured notes. The
'BBB-' ratings for the senior secured facility is driven by the
security release provision in the credit agreement. According to
the facility's terms, the collateral securing the facility will be
automatically released when the company's long-term unsecured debt
is rated at 'BBB-' (or its equivalent) or higher with a Stable
Rating Outlook by two specific credit rating firms. Fitch believes
the company has a solid investment-grade credit profile and that
the company's credit ratings will migrate to investment grade over
time. Therefore, Fitch views the seniority of the credit facility
as temporary and has rated it on par with the senior unsecured
rating.

The senior credit facilities are currently secured by a perfected
first-priority security interest in all tangible and intangible
assets, including intellectual property, material real property
(excluding the shipyard in Avondale, LA) and all of the capital
stock of direct subsidiaries (limited, in the case of the voting
capital stock of foreign subsidiaries, to 65% of the voting capital
stock).

DERIVATION SUMMARY

HII does not have an individual like-sized peer with a similar
operating profile, but has the lowest customer, geographic and
product diversification among aerospace and defense companies rated
by Fitch. General Dynamics is the only other company with
shipbuilding operations for the U.S. Navy, but it cannot be
directly compared to HII due to its size, diversification and
significantly stronger credit profile.
Most industry peers at the upper end of the 'BB' rating category
and the lower end of the 'BBB' rating category differ from HII for
significant reasons. L-3 Technology and Harris Corp are both more
diversified than HII, but have weaker leverage metrics despite
their similar size. In addition, their revenues are less
predictable due to the short-cycle nature of many of their IDIQ
contracts. Orbital ATK is also more diversified than Huntington,
but has a significantly weaker credit profile and a less
predictable revenue stream.

KEY ASSUMPTIONS

Fitch's key assumptions within its rating case for HII include:

-- Revenue growth in the high single digits over the next two
years driven by the acquisition of Camber Corporation and higher
volume in both shipbuilding segments;

-- EBITDA margins in the range of 14%-15%;

-- Combined net share repurchases and dividend payments will be in
the range of 60%-90% of net earnings over the next several years;

-- Capital expenditures will be in the range of 4%-5% of
revenues;

-- Debt levels will remain steady;

-- The company will generate FCF in the range of $300 million-$400
million in 2017;

-- HII will not make large acquisitions in the near future;

-- HII will make a total of $333 million in pension and
post-retirement benefit contributions in 2017, but its
pension-related cash flow will be positive after giving effect to
the expected $365 million CAS recoveries from the U.S. government.


RATING SENSITIVITIES

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

A positive rating action is not likely in the near future. Fitch
may consider a positive rating action if the company's adjusted
leverage (adjusted debt/EBITDAR) and FFO-adjusted leverage decline
and remain below 1.2x and 1.5x, respectively, for a sustained
period of time. A positive rating action would also depend on
better product and end-customer diversification, as Fitch expects
the company would need to maintain stronger-than-average credit
metrics due to the company's low diversification and high exposure
to project execution risks.

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

A negative rating action would be considered should the company's
adjusted leverage and FFO-adjusted leverage increase and remain
above 2x and 2.5x, respectively. Fitch may also consider a negative
rating action if the company engages in significant debt-funded
acquisitions without a clear commitment and path to returning to
strong credit metrics within two to three years from the date of
acquisition.

LIQUIDITY

The company has a strong liquidity position. As of June 30, 2017,
HII had liquidity of $1.8 billion, including $553 million in
readily available cash and $1.25 billion of availability under its
revolver. There is no material amount of cash located overseas.

In 2015, HII restated and amended its senior secured revolving
credit facility and increased its size from $650 million to $1.25
billion. The revolver includes a Letter of Credit sublimit of $500
million and the majority of the facility's covenants remained the
same as in the original 2011 agreement. The company has a favorable
maturity schedule with no material maturities until 2021 when $600
million in senior unsecured notes become due.

FULL LIST OF RATING ACTIONS

Fitch has taken the following rating actions:

Huntington Ingalls Industries, Inc.

-- Issuer Default Rating upgraded to 'BBB-' from 'BB+';
-- Senior secured credit facilities affirmed at 'BBB-';
-- Senior unsecured notes upgraded to 'BBB-' from 'BB+/RR4'.

The Rating Outlook is Stable.


IMPAX LABORATORIES: Moody's Puts B2 CFR Under Review for Upgrade
----------------------------------------------------------------
Moody's Investors Service placed the ratings of Impax Laboratories,
Inc. under review for upgrade, following announcement of an
all-stock merger with Amneal Pharmaceuticals, LLC. Ratings under
review include the B2 Corporate Family Rating, B2-PD Probability of
Default Rating, and Ba2 senior secured credit facilities (revolver
and term loan) ratings. In addition, Moody's affirmed the SGL-1
Speculative Grade Liquidity Rating.

Impax will benefit from significantly improved scale, manufacturing
capabilities, and a stronger earnings outlook from combining with
Amneal. Moody's expects the combined company will have lower
financial leverage at around 5 times gross debt to EBITDA (without
synergies), than Impax on a standalone basis (around 6.5 times).
Credit metrics will improve in 2018 from meaningful opportunities
for cost synergies in addition to ongoing restructuring activities
at Impax. Including Moody's expectation for realized synergies in
2018, Moody's believes debt to EBITDA will improve to 4 times in
2018 (for the combined company). Moody's review of Impax's ratings
will primarily focus on receipt of regulatory and shareholder
approvals for the merger. The deal is expected to close in the
first half of 2018.

Ratings placed on review for upgrade:

Impax Laboratories, Inc.

Corporate Family Rating, B2

Probability of Default Rating, B2-PD

Senior secured credit facilities, Ba2 (LGD2)

Outlook, changed to rating under review from stable.

Rating affirmed:

SGL-1 Speculative Grade Liquidity Rating

RATINGS RATIONALE

The B2 Corporate Family Rating (ratings under review for upgrade)
reflects Impax's high financial leverage with debt/EBITDA exceeding
6.0 times. The ratings are also constrained by Impax's modest size
and scale in the generic drug industry, which is characterized by
intense competition and pricing pressure from its customers. The
ratings are also constrained by Impax's geographic concentration,
as almost all revenues are generated in the US. The ratings are
supported by relatively good product diversity, a growing branded
business and good projected cash flow.

The SGL-1 Speculative Grade Liquidity Rating reflects Moody's
expectation of very good liquidity over the next 12 months. Moody's
believes free cash flow will be around $50 million over the next
twelve months, with an undrawn $200 million revolving credit
facility, and ample cushion under its financial covenants.

Impax Laboratories, Inc., headquartered in Hayward, CA, is a
specialty generic and branded pharmaceutical producer operating in
the US. Impax reported $813 million of revenues for the twelve
month period ended June 30, 2017.

The principal methodology used in these ratings was Pharmaceutical
Industry published in June 2017.


ITUS CORPORATION: Will Sell $24 Million Worth of Securities
-----------------------------------------------------------
ITUS Corporation plans to offer shares of its common stock,
preferred stock, warrants and units having a proposed maximum
aggregate offering price of $24 million.

The Company may offer and sell these securities separately or
together, in one or more series or classes and in amounts, at
prices and on terms described in one or more offerings.  The
Company may offer the securities through underwriting syndicates
managed or co-managed by one or more underwriters or dealers,
through agents or directly to purchasers.  

The Company's common stock is quoted on the Nasdaq Capital Market
under the symbol "ITUS."  The last reported sale price of the
Company's common stock on The NASDAQ Capital Market on Oct. 12,
2017, was $3.41 per share.  The aggregate market value of the
Company's outstanding common stock held by non-affiliates is
$74,088,376 based on 16,558,739 shares of outstanding common stock,
of which 14,847,370 shares are held by non-affiliates, and a per
share price of $4.99 which was the closing sale price of the
Company's common stock as quoted on the NASDAQ Capital Market on
Sept. 26, 2017.

Concurrently with the securities being offered by the Company in a
primary offering pursuant to this prospectus, an additional
1,487,606 shares of its common stock have been registered in a
separate prospectus included in its Registration Statement on Form
S-3 (File No. 333-217060) declared effective on April 10, 2017, and
3,272,143 shares of its common stock have been registered in a
secondary offering in a separate prospectus included in our
Post-Effective Amendment No. 2 to Form S-1 on Form S-3 (File No.
333-193869) declared effective on Feb. 2, 2016.

A full-text copy of the Form S-3 is available for free at:

                     https://is.gd/5BHt4o

                    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.


JEFFREY L. MILLER: Seeks to Hire Soldnow as Auctioneer
------------------------------------------------------
Jeffrey L. Miller Investments, Inc. seeks approval from the U.S.
Bankruptcy Court for the Middle District of Florida to hire an
auctioneer.

The Debtor proposes to employ Soldnow, LLC to hold an auction for
its real properties located in Tampa, Florida, and pay the firm
from the gross sale proceeds.  The firm will be compensated
according to this arrangement:

     (i) 80% of the buyer's premium if someone other than the
         Debtor 's lender is the highest bidder at the auction;

    (ii) 10% of the purchase price if the property is sold pre-
         auction or post-auction or in the event of a sale or
         transfer of the note and mortgage;

   (iii) $50,000 if the lender is the highest bidder at the
         auction; or

    (iv) a $15,000 cancellation or no-sale fee if the Debtor
         elects not to cancel the auction or not sell the
         property at the auction day for any cause.

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

              About Jeffrey L. Miller Investments

Jeffrey L. Miller Investments, Inc., based in Tampa, FL, filed a
Chapter 11 petition (Bankr. M.D. Fla. Case No. 16-10036) on Nov.
23, 2016.  The petition was signed by Jeffrey L. Miller, president.
At the time of the filing, the Debtor disclosed $6.54 million in
assets and $4.18 million in liabilities.

Judge Michael G. Williamson presides over the case.  Buddy D. Ford,
P.A. represents the Debtor as bankruptcy counsel.  The Debtor hired
Owen & Dunivan, PLLC as its corporate counsel and Robert F. Cohen,
CPA, PA as its accountant.


JIYA CO: Taps Michael Nicolella as Appraiser
--------------------------------------------
JIYA Co. seeks approval from the U.S. Bankruptcy Court for the
Western District of Pennsylvania to hire an appraiser.

The Debtor proposes to employ Michael Nicolella to assist in
determining the "fair market value" of its real properties included
in the bankruptcy estate.

Mr. Nicolella will be paid a flat rate of $250 per residential real
estate appraisal performed.

Neither Mr. Nicolella nor any party with which he has an
affiliation represents any interest adverse to the Debtor, its
estate and creditors, according to court filings.

The Debtor is represented by:

     Jeffrey T. Morris, Esq.
     Elliott & Davis PC
     425 First Ave.
     Pittsburgh, PA 15203
     Phone: 412-434-4911 ext. 34
     Email: morris@elliott-davis.com

                         About JIYA Co.

JIYA Co. sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. W.D. Pa. Case No. 17-23651) on September 11, 2017.  Prasad
Margabandhu, president, signed the petition.

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

Judge Gregory L. Taddonio presides over the case.  Elliott & Davis
PC is the Debtor's bankruptcy counsel.


JIYA CO: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------
The Office of the U.S. Trustee on Oct. 13 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of JIYA Co.

JIYA Co. is represented by:

     Jeffrey T. Morris, Esq.
     Elliott & Davis PC
     425 First Ave.
     Pittsburgh, PA 15203
     Phone: 412-434-4911 ext. 34
     Email: morris@elliott-davis.com

                         About JIYA Co.

JIYA Co. sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. W.D. Pa. Case No. 17-23651) on September 11, 2017.  Prasad
Margabandhu, president, signed the petition.  

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

Judge Gregory L. Taddonio presides over the case.  Elliott & Davis
PC is the Debtor's bankruptcy counsel.


JLC DAYCARE: Taps Tyler Collier as Accountant
---------------------------------------------
JLC Daycare, Inc. seeks approval from the U.S. Bankruptcy Court for
the Western District of Pennsylvania to hire an accountant.

The Debtor proposes to employ Tyler Collier Associates LLC to
prepare its tax returns for the years 2009 through 2016.

The firm's standard hourly rates are:

     Certified Public Accountants     $150
     Accountant                       $100
     Paraprofessionals                 $75  

It is estimated that the work will amount to approximately $875 to
$1,025 for each year of tax returns.  A retainer of $1,000 has been
paid and the balance will be paid at the rate of $600 per month.

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

The firm can be reached through:

     Terry O. Collier
     Tyler Collier Associates LLC
     100 Ross Street, Suite 110
     Pittsburgh, PA 15219
     Phone: +1 412-471-7060

                       About JLC Daycare Inc.

JLC Daycare, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Pa. Case No. 17-21768) on April 27,
2017.  At the time of the filing, the Debtor estimated assets and
liabilities of less than $1 million.  The case is assigned to Judge
Thomas P. Agresti.  Michael J. Henry, Esq., represents the Debtor
as bankruptcy counsel.


KNEL ACQUISITION: S&P Affirms 'B' CCR & 1st Lien Loan Ratings
-------------------------------------------------------------
S&P Global Ratings affirmed its 'B' corporate credit rating on
Irwindale, Calif.-based KNEL Acquisition LLC. The outlook is
stable.

U.S.-based KNEL Acquisition LLC (parent of Nellson Nutraceutical
LLC) is issuing an $82 million add-on to its U.S. A-1 first-lien
term loan to fund the acquisition of a contract powder
manufacturer.

S&P said, "At the same time, we affirmed our 'B' issue-level
ratings on the company's now $262.1 million A-1 senior secured
first-lien term loans, from $180.1 million with the company's
proposed add-on and amendment to the senior secured credit
facilities. We are also affirming our 'B' issue-level ratings on
the company's $111.8 million Canadian borrower A-2 first-lien term
loans. Our '3' recovery ratings on the first-lien term loans and
$65 million revolving credit facility due in 2019 are unchanged,
indicating our expectations of meaningful (50%-70%; rounded
estimate: 55%) recovery in the event of a payment default.

"We also affirmed our 'CCC+' issue-level ratings on the company's
$73 million second-lien term loans ($38 million A-1, and $35
million A-2) due 2022. The '6' recovery rating indicates our
expectation of negligible (0%-10%; rounded estimate: 0%) recovery
in the event of payment default.

"The company will use the add-on proceeds to fund the acquisition
of a contract powder manufacturer. We estimate pro forma funded
debt at close of approximately $468 million.

"The ratings affirmation reflects our view that the acquisition
will modestly strengthen KNEL's position in the contract
powder-manufacturing industry. The acquisition will improve the
company's product and customer diversification and its scale in
powders with a second facility. We estimate pro forma leverage of
roughly 6x, about neutral to the company's stand-alone results for
the 12 months ended July 2, 2017. We believe integration risk is
low as the company will maintain the separate manufacturing
facility and because cost synergies, primarily related to general
and administrative costs, are highly achievable within a year of
transaction close. Pro forma for the acquisition, powder revenues
as a percentage of sales will increase modestly from 30% to over
40%.

"The stable outlook reflects our expectation that the company will
maintain leverage around 6x or below as it integrates the
acquisition. We expect the company to maintain adequate liquidity
and positive operating cash flow.

"We could lower the rating if operating performance and credit
measures deteriorate, such that leverage is sustained over 7.5x. We
estimate this could occur if gross margins contract by over 200
basis points, potentially due to the loss of a top customer or if
the company exhibits a more aggressive financial policy with large,
debt-financed acquisitions or dividends.

"Given the company's high debt, acquisition strategy, and ownership
by financial sponsors, a higher rating is unlikely over the next 12
months. Longer term, we could raise the ratings if we believe
financial policy will become less aggressive, such that credit
measures strengthen, including debt to EBITDA sustained below 5x."


LAREDO PETROLEUM: S&P Hikes CCR to 'B+' on Increased Production
---------------------------------------------------------------
S&P Global Ratings raised its corporate credit rating on Midland,
Texas-based oil and gas E&P company Laredo Petroleum Inc. to 'B+'
from 'B'. The outlook is stable.

U.S.-based oil and gas exploration and production (E&P) company
Laredo Petroleum Inc. has made progress developing its asset base
in the Permian Basin, increasing proved developed reserves and
production.

S&P also raised its issue-level rating on the company's senior
unsecured notes to 'B+' from 'B'. The '4' recovery rating is
unchanged, reflecting S&P's expectation for average recovery
(30%-50%; rounded estimate: revised to 35% from 30%) in the event
of a payment default.

The rating action reflects Laredo's ongoing success increasing its
oil and gas production and reserves in the Permian Basin,
particularly its proved developed reserves accounting for nearly
85% of total proved reserves. S&P said, "We expect this trend to
continue, even at the current low commodity price environment and
the company's unchanged full-year 2017 capital budget. We view the
Permian favorably as it exhibits advantageous production economics
and is weighted more toward crude oil, which we expect to continue
to price at a premium to natural gas. Laredo's production in the
second quarter of 2017 averaged nearly 59,000 barrels of oil
equivalent per day (boe/d), a 12% growth rate quarter-over-quarter
and 23% year-over-year. Similarly, we estimate the company's proved
reserves grew during 2017 from the 167 million barrels of oil
equivalent (mmboe) reported at year-end 2016. We consider this
production and overall reserve profile to be consistent with peers
in the 'B+' rating category."

S&P Global Ratings' outlook on Laredo is stable. S&P said, "We
expect credit measures will remain strong over the next two years
even as the company's hedges roll off with 2019 largely unhedged.
We forecast weighted-average FFO to debt above 20%. We believe the
company will continue to add hedges for 2018 and 2019, providing a
measure of cash flow protection. We expect that the company will
continue to preserve its adequate liquidity position.

"We would consider a downgrade if the company faces liquidity
issues that limit its access to capital to fund its growth, or if
FFO to debt drops well below 12% for a sustained period. We believe
this could occur if capital spending remains aggressive but
production falls well short of expectations or is delayed for an
extended period.

"We could consider an upgrade if Laredo increases its production
and reserves to a level commensurate with 'BB-' rated oil and gas
E&P companies. We would also expect the company to maintain FFO to
debt comfortably above 20% and its liquidity to remain adequate.
This would most likely occur if the company increases production
beyond our expectations or if commodity prices average meaningfully
above our price deck assumptions. We could also consider an upgrade
if the private equity ownership and control are reduced while
maintaining proper credit metrics."


LAURA ELSHEIMER: Taps Van Dam Law as Legal Counsel
--------------------------------------------------
Laura Elsheimer LLC seeks approval from the U.S. Bankruptcy Court
for the District of Massachusetts to hire legal counsel.

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

Michael Van Dam, Esq., the attorney who will be handling the case,
will charge an hourly fee of $350 for his services.  He received a
retainer of $10,000 from the Debtor.

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

The firm can be reached through:

     Michael Van Dam, Esq.
     Van Dam Law LLP
     233 Needham Street
     Newton, MA 02464

                      About Laura Elsheimer

Laura Elsheimer LLC owns the properties known as 20-24 Main Street
& 3 Felton Street in Hudson, Massachusetts.  The properties consist
of seven residential apartments and four commercial spaces.

Laura Elsheimer LLC filed a Chapter 11 case (Bankr. D. Mass. Case
No. 16-40853) on May 16, 2016.  On Sept. 26, 2016, the Debtor filed
its Chapter 11 plan of reorganization and disclosure statement but
the case was converted to Chapter 7.

Laura Elsheimer filed for Chapter 11 bankruptcy protection (Bankr.
D. Mass. Case No. 17-41842) on Oct. 12, 2017.  The Debtor filed
this action to stay foreclosure.


LW RETAIL: Hires DelBello Donnellan Weingarten as Attorneys
-----------------------------------------------------------
LW Retail Associates LLC seeks authority from the United States
Bankruptcy Court for the Eastern District of New York to hire
DelBello Donnellan Weingarten Wise & Wiederkehr, LLP as its Chapter
11 counsel.

Professional services DelBello Donnellan will render to the Debtor
are:

     a. give advice to the Debtor with respect to its powers
        and duties as Debtor-in-Possession and the continued
        management of its property and affairs;

     b. negotiate with creditors of the Debtor and work out
        a plan of reorganization and take the necessary legal
        steps to effectuate such a plan including, if need be,
        negotiations with the creditors and other parties in
        interest;

     c. prepare the necessary answers, orders, reports and
        other legal papers required for the Debtor's protection
        from its creditors under Chapter 11 of the Bankruptcy
        Code;

     d. appear before the Bankruptcy Court to protect the
        interest of the Debtor and represent the Debtor in all
        matters pending before the Court;

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

     f. advise the Debtor in connection with any potential sale
        of the business;

     g. represent the Debtor in connection with obtaining
        post-petition financing, if necessary;

     h. take any necessary action to obtain approval of a
        disclosure statement and confirmation of a plan of
        reorganization; and

     i. perform all other legal services for the Debtor which
        may be necessary for the preservation of the Debtor's
        estates and to promote the best interests of the Debtor,
        its creditors and its estates.

Hourly rates charged by DelBello Donnellan are:

     Attorneys          $315 to $558
     Law Clerks         $180
     Paraprofessionals  $135

DelBello Donnellan received from the Debtor a pre-petition retainer
in conjunction with the filing of this Chapter 11 case in the total
amount of $21,717.00, inclusive of the Court's filing fee in the
amount of $1,717.

Dawn Kirby, Esq. attests that DelBello Donnellan does not hold or
represent any interest adverse to the Debtor's estate, DelBello
Donnellan is a "disinterested person" as defined in Bankruptcy Code
Sec. 101(14).

The Counsel can be reached through:

     Dawn Kirby, Esq.
     DELBELLO DONNELLAN WEINGARTEN
     WISE & WIEDERKEHR, LLP
     One North Lexington Avenue
     White Plains, NY 10601
     Tel: (914) 681-0200

                  About LW Retail Associates, LLC

LW Retail Associates LLC filed as a Single Asset Real Estate (as
defined in 11 U.S.C. Section 101(51B)).  The Company owns in fee
simple interest four condominium units in New York valued by the
Company at $12.20 million in the aggregate.

LW Retail Associates filed a Chapter 11 petition (Bankr. E.D.N.Y.
Case No. 17-45189) on October 5, 2017. The petition was signed by
Louis Greco, manager.

Judge Elizabeth S. Stong presides over the case. Dawn Kirby, Esq.
at DelBello Donnellan Weingarten Wise & Wiederkehr, LLP represents
the Debtor as counsel.

At the time of filing, the Debtor estimates $12.64 million in
assets and $6.25 million in liabilities.


M & J ENERGY: Taps Payroll & Business Solutions as Accountant
-------------------------------------------------------------
M & J Energy Group, LLC seeks approval from the U.S. Bankruptcy
Court for the Western District of Louisiana to hire an accountant.

The Debtor proposes to employ Gwen Luc and Payroll & Business
Solutions, Inc. to provide necessary daily accounting services.

The Accountant will charge $45 per hour for bankruptcy related
work.

Gwen Luc attests that she has no connection with debtor, the
creditors, any other party in interest or its respective attorneys
and accountants, the United States Trustee, or any person employed
in the Office of the U.S. Trustee.

The Accountant can be reached through:

     Gwen Luc, MBA
     Payroll & Business Solutions Inc
     1514 Elm St
     Morgan City, LA 70380-1822
     Phone: 985-384-2773

                     About M & J Energy Group

Founded in 2006, M & J Energy Group, LLC --
https://www.mjenergygroup.com/ -- is an oil and natural gas company
in Broussard, Louisiana.  M & J Energy Group provides hydrostatic
testing, torquing, bolting and construction services.  It is
currently working in Texas, Louisiana, Gulf of Mexico and Florida,
and had done work in Pennsylvania, West Virginia, Wyoming,
Oklahoma, Ohio, and Mississippi.

M & J Energy's corporate office is in Scott, Louisiana, while its
two satellite offices are in Houma, Louisiana and Ingelside, Texas.
The Company is ISNetworld certified and also DISA certified.

M & J Energy Group sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. La. Case No. 17-51115) on August 24,
2017.  Slade Sanders, its owner, signed the petition.

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.  John A. Mouton,
III, Attorney at Law, serves as Chapter 11 counsel to the Debtor.


MAY ARTS: Hires Ciardi Ciardi & Astin as Legal Counsel
------------------------------------------------------
May Arts, LLC f/k/a Compass Designs, LLC seeks authority from the
U.S. Bankruptcy Court for the Eastern District of Pennsylvania to
employ Ciardi Ciardi & Astin as its legal counsel.

Professional services Ciardi Ciardi & Astin will render are:

     a. give the debtor legal advice with respect to its powers
        and duties as a Debtor-in-possession;

     b. prepare on behalf of the Debtor any necessary
        applications, answers, orders reports and other legal
        papers; and

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

Hourly rates of professionals at Ciardi Ciardi & Astin are:

        Albert A. Ciardi, III         $515
        Jennifer C. Mc Entee          $350
        Daniel S. Siedman             $300
        Stephanie Frizlen, Paralegal  $120

The Debtor requests authority to pay a post-petition retainer of
$6,000 per month to be held in the IOLTA account of Ciardi Ciardi &
Astin.

Albert A. Ciardi, III attests that neither he nor any member of his
firm holds any interest adverse to the Estate, and the law firm is
a disinterested person as that term is defined in 11 U.S.C. Sec.
101(14).

The Counsel can be reached through:

     Albert A. Ciardi, III, Esq.
     CIARDI CIARDI & ASTIN, P.C.
     One Commerce Square
     2005 Market Street, Suite 3500
     Philadelphia, PA 19103
     Tel: (215) 557-3550
     Fax: 215-557-3551
     E-mail: aciardi@ciardilaw.com

                        About May Arts, LLC

Founded in 1980's in Riverside, Connecticut, May Arts is a
family-owned supplier of ribbons, serving a wide variety of
merchants from large retail outlets to home-based business. May
Arts filed a Chapter 11 petition (Bankr. E.D. Pa. Case No.
17-16869) on October 9, 2017. The petition was signed by Joseph S.
Duffey, president.

Judge Eric L. Frank presides over the case. Albert A. Ciardi, III,
Esq., at Ciardi Ciradi & Astin represents the Debtor as legal
counsel.

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


MCCLATCHY CO: Reports Third Quarter Net Loss of $238.9 Million
--------------------------------------------------------------
McClatchy recorded after-tax non-cash charges of $230.9 million in
the third quarter of 2017, leading to a quarterly net loss of
$238.9 million, or $31.28 per share.  The non-cash charges relate
almost solely to a non-cash deferred tax valuation allowance and,
to a minor extent, after-tax non-cash impairments on newspaper
mastheads and certain equity investments.  The loss in the third
quarter of 2016 was $9.8 million or $1.30 per share.

The company reported an adjusted net loss of $5.9 million, which
excludes severance, impairments, the tax-valuation allowance, and
certain other items in the third quarter of 2017.  The quarterly
results compare with an adjusted net loss of $2.1 million a year
earlier.

Craig Forman, McClatchy's president and CEO, said, "We reported
record audiences in the third quarter of 2017, reaching 89 million
unique visitors in the month of September.  Our progress in
newsroom reinvention, technology improvements and our reporting on
Hurricane Irma boosted our audience growth.  And while hurricanes
and other events posed challenges to our communities, our people,
and our operations in the third quarter, we still dramatically
reduced the rate of decline in our adjusted EBITDA -- down 7.7%
excluding Hurricane Irma's full impact compared with a 21% decline
in the first half.  We remain resolute in moving toward stabilized
operating results, reducing leverage and accelerating the pace and
cadence of our digital transition."

Third Quarter Results

Total revenues in the third quarter of 2017 were $212.6 million,
down 9.4% compared to the third quarter of 2016.  The company
estimates that in September, revenues (primarily ad revenues) from
its East Coast operations were reduced by approximately $625,000 as
a result of Hurricane Irma.  Including the revenue impact due to
Hurricane Irma, total revenues in the third quarter of 2017 would
have been down 9.1% compared to the third quarter 2016.

Total advertising revenues were $115.3 million, down 13.4% in the
third quarter of 2017 compared to the third quarter of 2016.  The
decline in advertising revenues continues to reflect the softness
in traditional print advertising offset by improvements in
digital-only advertising and, to a lesser extent, the improvements
in direct marketing advertising.

Digital-only advertising revenues grew 8.2% in the third quarter of
2017, while total digital advertising revenues, which include
digital-only advertising and digital advertising bundled as an
up-sell with print advertising, declined 2.4% compared to the same
quarter last year.  Direct marketing declined 6.4% in the third
quarter of 2017 compared to a decline of 14.5% in the same period
last year.  The improvement from the prior year is a result of the
improved trends seen in the first half of the year continuing into
the third quarter.

Audience revenues were $87.1 million, down 4.3% in the third
quarter compared to the same period in 2016. Digital-only audience
revenues were down 0.9%.  The number of digital-only subscribers
ended the quarter at 92,800, representing an increase of 15.6% from
the third quarter of 2016 despite the loosening of paywalls in many
of the company's East Coast markets in September to make our
information widely accessible to non-subscribers as a public
service during Hurricane Irma.

The month of September resulted in record total unique visitors of
89.3 million as visitors across the globe searched for news
coverage on the hurricane's impact on the East Coast.  The growth
was also aided by the newsroom reinvention process that has created
more digitally focused newsrooms across the company. Average total
unique and local unique visitors to the company's online products
were 78.3 million and 18.0 million, respectively, in the third
quarter of 2017.  These results represented growth of 23.3% in
total unique visitors and 19.4% in local unique visitors in the
third quarter of 2017 compared to the same quarter last year.
Mobile users represented 62.8% of average total unique visitors in
the third quarter of 2017 compared to 56.7% in the third quarter of
2016.

Revenues exclusive of print newspaper advertising accounted for
76.2% of total revenues in the third quarter of 2017, an increase
from 72.0% in the third quarter of 2016.

Results in the third quarter of 2017 included the following items:

   * A non-cash valuation allowance on deferred taxes totaling
$224.5 million in tax expense;

   * Non-cash impairment charges mainly attributable to the
write-down of newspaper mastheads totaling $10.6 million ($6.4
million after-tax);

   * Gains on real estate transactions net of charges associated
with relocations of certain operations netting to a gain of $5.5
million ($3.3 million after-tax);

   * Severance charges totaling $4.5 million ($2.7 million
after-tax);

   * Losses on extinguishment of debt of $1.8 million ($1.2 million
after-tax);

   * Costs associated with reorganizing sales and other operations
totaling $1.0 million ($0.6 million after-tax);

    * Trust related litigation costs of $1.0 million ($0.7 million
after-tax); and

    * Costs related to co-sourcing information technology
operations and costs associated with Hurricane Irma totaling $0.3
million ($0.2 million after-tax).

Adjusted net loss, which excludes the items above, was $5.9 million
and was $5.3 million factoring in lost revenues due to Hurricane
Irma.  Adjusted EBITDA was $34.6 million in the third quarter of
2017, down 9.3% compared to the third quarter last year, and was
$35.2 million, down 7.7% factoring in lost revenues due to
Hurricane Irma.  Operating expenses and adjusted operating
expenses, which exclude non-cash and certain other charges, were
both down 9.4% in the third quarter of 2017 compared to the same
quarter last year.

Real Estate Transactions:

As previously announced, in the third quarter the company completed
the sale of The Kansas City Star's office building and land to 1729
Grand Boulevard, LLC.  It also sold The Sacramento Bee's building
and surrounding land to affiliates of Shopoff Advisors L.P.
Together, the two transactions resulted in gross proceeds of $56.75
million.  The Sacramento transaction is a sale-leaseback of the
company's buildings and land with initial annual rent payments of
$4.365 million over a 15-year term which began on Sept. 6, 2017.

The sale and leaseback agreement for the Kansas City, Missouri
production facility was terminated by the company in October of
2017.  The company is evaluating whether to re-market the Kansas
City production facility.  The company entered into a non-binding
letter of intent for its real property in Columbia, South
Carolina.

The company expects its sale of The (Raleigh) News & Observer
building and land, and its building and land in Merced, California
to close in the fourth quarter of 2017, resulting in estimated
gross proceeds of approximately $22.0 million.

Debt and Liquidity:

During the third quarter, the company repaid $53.5 million in debt
including $16.9 million of 2017 unsecured bonds that matured on
Sept. 1, 2017, and $36.7 million of 9.0% secured bonds primarily
through a privately negotiated transaction.

In accordance with requirements of the secured indenture, the
company has also offered $40 million of the after-tax proceeds from
the property transactions that closed in the third quarter to its
secured bondholders of notes due in 2022 at par.  The offer expires
on October 19th.

Total principal debt at the end of the third quarter 2017 was
$805.1 million and the debt securities with the nearest maturity
are $439.7 million of notes due December 2022.  The company
finished the quarter with $84.0 million in cash, resulting in net
debt of $721.1 million.  In addition, the Company has a $65 million
revolving line of credit available for liquidity.

The leverage ratio at the end of the third quarter under the
company's credit agreement was 4.48 times cash flow (as defined)
compared to a maximum leverage covenant of 6.0 times cash flow. The
company expects to continue its de-leveraging strategies to further
reduce this ratio in the coming quarter, including consideration of
its refinancing options.

Other Business:

The company closed the sale of a majority of its interest in
CareerBuilder early in the third quarter of 2017.  The company's
affiliate agreement with CareerBuilder was terminated upon the
scheduled expiration date of July 31, 2017.  In September,
McClatchy entered into an agreement with Recruitology to provide
employment services to customers in all markets.  Digital-only
employment advertising revenue grew 13.2% in the third quarter
compared to 9.3% in the first half.

In the third quarter of 2017, the company recorded a non-cash
provision for income taxes of $224.5 million to establish a
valuation allowance against a majority of its net deferred income
tax assets.  The valuation allowance included a reserve on tax
benefits taken in prior quarters of 2017 as well as a reserve on
tax benefits recorded in prior years. During 2017, the company
incurred three years of cumulative pre-tax book losses, inclusive
of the loss on its sale of a majority of its ownership in
CareerBuilder LLC in the third quarter of 2017, among other
transactions.  Under GAAP, three years of cumulative pre-tax book
losses is typically viewed as objective evidence that limits the
ability to consider other subjective evidence, such as projections
for future growth and profitability.  The Company generated taxable
income in its tax returns for the past three fiscal years through
the third quarter and has recognized its deductions. However, the
company will likely continue to be in a three-year cumulative
pre-tax book loss at the end of fiscal year 2017.  The valuation
allowance has no impact on the company's ability to utilize loss
carryforwards or tax assets in the future, and is not a reflection
of management's point of view about profitability of the business
in the future.  Further the amount of the valuation allowance could
adjust in the future due to several factors, including but not
limited to, objective evidence such as pre-tax book cumulative
losses no longer being present.

First Nine Months Results of 2017

Total revenues for the first nine months of 2017 were $658.9
million, down 7.8% compared to the first nine months of 2016.
Advertising revenues were $360.5 million, down 12.2% compared to
the first nine months of last year.  Softness in print advertising
negatively impacted advertising revenues but was partially offset
by growth in digital-only advertising revenue of 9.9% when compared
to the first nine months of 2017.

Audience revenues were $268.5 million, down 1.4% compared to the
first nine months of 2016 and digital-only audience revenues were
up 5.6% over the same period.  The growth in digital-only audience
revenue is attributable to the increase in digital-only subscribers
through promotional efforts and rate increases initiated in the
first half of 2016.

The company reported a net loss for the first nine months of 2017
of $371.9 million, or $48.83 per share which included total
non-cash after-tax impairment charges of $337.8 million that are
described in adjusted net loss details presented below and are
inclusive of the write-down of its CareerBuilder investment,
mastheads, inventory, and the deferred tax valuation allowance as
discussed above.  Net loss for the first nine months of 2016 was
$37.3 million or $4.77 a share.

Results for the first nine months of 2017 included the following
items:

  * A non-cash valuation allowance on deferred taxes totaling
$224.5 million in tax expense;

  * Non-cash impairment charges related to the write-down of the
carrying value of its equity investment in CareerBuilder, other
investments, and mastheads totaling $179.7 million ($112.1 million
after-tax);

  * Severance charges totaling $13.9 million ($8.5 million
after-tax);

  * Gains on real estate transaction offset by charges associated
with relocations of certain operations, netting to a gain of $8.4
million ($5.2 million after-tax);

  * Losses on extinguishment of debt of $2.7 million ($1.7 million
after-tax);

  * Costs associated with reorganizing sales and other operations
totaling $2.2 million ($1.4 million after-tax);

  * A non-cash write-down of inventory totaling $2.0 million ($1.2
million after-tax);

  * Trust related litigation costs of $1.0 million ($0.7 million
    after-tax);

  * Costs related to co-sourcing information technology operations,
costs associated with Hurricane Irma, and other miscellaneous
acquisition-related costs totaling $0.7 million ($0.4 million
after-tax); and
   
   * Net increase in taxes totaling $0.1 million for adjustments of
certain deferred tax credits related to tax positions taken in
prior years.

Adjusted net loss, which excludes the items above, was $26.5
million and was $25.8 million factoring in the lost revenues due to
Hurricane Irma.  Adjusted EBITDA was $93.2 million in the first
nine months of 2017, down 17.1% compared to the same period last
year, and was $93.8 million, down 16.5% factoring in the third
quarter lost revenues due to Hurricane Irma.  Operating expenses
were down 9.0%, while adjusted operating expenses, which exclude
non-cash and certain other charges, were down 6.1% in the first
nine months of 2017 compared to the same period last year.

Outlook

For the last quarter of 2017, the company expects to grow
digital-only advertising revenue, finishing the full year in the
low double digit range.

Management believes that print advertising will continue to become
a smaller portion of advertising and total revenue. Audience
revenues are expected to be down in the low single-digit percentage
range in the fourth quarter and full year compared to 2016 periods,
in part as a result of loosening pay walls during various
weather-related events this year.

Management remains committed to reducing operating expenses in the
fourth quarter and expects adjusted operating expenses to be down
in the mid to high-single digit percentage range as earlier efforts
take hold in the fourth quarter.  Strategies initiated in 2017 to
continue its digital transformation and reduce legacy costs
include, among others, moving to regional publishers, centralizing
audience functions, consolidating production and other functions
and reinventing our newsrooms to have a digital-first work flow.
For the full year these actions will result in initial
implementation costs in the range of $18 million to $20 million,
which may include accelerated depreciation and certain other
non-cash costs.  This compares to similar upfront costs of
approximately $40 million in 2016 to further its digital
transformation and continue the reduction of legacy costs.

Management will maintain its focus on monetizing real estate assets
in the fourth quarter of 2017.  The proceeds achieved from the real
estate transactions coupled with proceeds from other asset sales
and cash from operations will likely be utilized to de-lever the
company through debt reductions and for further investment in the
business.

The full-text copy of the press release is available for free at:
                     
                       https://is.gd/VxNBeM

                           About McClatchy

McClatchy -- http://www.mcclatchy.com-- is a publisher of iconic
brands such as the Miami Herald, The Kansas City Star, The
Sacramento Bee, The Charlotte Observer, The (Raleigh) News &
Observer, and the (Fort Worth) Star-Telegram.  McClatchy operates
30 media companies in 14 states, providing each of its communities
with high-quality news and advertising services in a wide array of
digital and print formats. McClatchy is headquartered in
Sacramento, Calif., and listed on the New York Stock Exchange
American under the symbol MNI.

McClatchy reported a net loss of $34.19 million for the year ended
Dec. 25, 2016, compared to a net loss of $300.2 million for the
year ended Dec. 27, 2015.  As of June 25, 2017, the Company had
$1.68 billion in total assets, $1.68 billion in total liabilities,
and a $8.74 million stockholders' deficit.

                          *     *     *

McClatchy continues to hold Moody's Investors Service's "Caa1"
corporate family rating.  In December 2015, Moody's affirmed the
"Caa1" corporate family rating rating and changed the rating
outlook to stable from positive due to continued weakness in the
print advertising market and the ongoing pressure on the company's
operating cash-flow.

McClatchy continues to hold Standard & Poor's "B-" corporate credit
rating (outlook stable).  As reported by the TCR on April 2, 2014,
S&P affirmed all ratings on McClatchy including the 'B-' corporate
credit rating, and revised the rating outlook to stable from
positive.  The outlook revision to stable reflected S&P's
expectation that the timeframe for a potential upgrade lies beyond
the next 12 months, and could also depend on the company realizing
value from its digital minority interests.


MCGRAW-HILL GLOBAL: Fitch Affirms B+ IDR; Off CreditWatch
----------------------------------------------------------
Fitch Ratings has removed the 'B+' Long-Term Issuer Default Rating
(IDR) of McGraw-Hill Global Education Holdings, LLC (MHGE),
McGraw-Hill Global Education Finance, Inc. (MHGE Finance), MHGE
Parent, LLC (MHGE Parent) and MHGE Parent Finance, Inc. (MHGE
Parent Finance) from Rating Watch Positive and affirmed the IDR at
'B+'. MHGE, MHGE Finance, MHGE Parent and MHGE Parent Finance are
all indirect wholly owned subsidiaries of McGraw-Hill Education,
Inc. (MHE). Fitch is assigning a Stable Rating Outlook.

The removal of the IDR from Rating Watch Positive is driven by the
company's inability to complete its IPO within an appropriate time
frame, which would have resulted in further delevering. Fitch
originally placed MHGE, MHGE Finance, MHGE Parent and MHGE Parent
Finance on Rating Watch Positive on April 18, 2016 following the
company's announcement it would undertake a recapitalization that
would reduce debt, improve liquidity, diversify the company's
operating and financial profile and strengthen the credit
facilities' security package. The first phase of the
recapitalization was completed on May 4, 2016 with the repayment of
debt at MHGE and McGraw-Hill School Education Holdings, LLC (MHSE)
using proceeds from the issuance of new senior secured and
unsecured debt at MHGE. Although the company continues to remain
focused on completing an IPO, the timing is difficult to determine
given current market conditions.

Fitch also upgraded MHGE's senior secured issue rating to 'BB+/RR1'
from 'BB/RR2', MHGE's and MHGE Finance's senior unsecured issue
rating to 'BB+/RR1' from 'B-/RR6' and MHGE Parent's and MHGE Parent
Finance's senior unsecured issue rating to 'B+/RR4' from 'B-/RR6'.
The upgrades are based on Fitch's ongoing review of its recovery
rating inputs, which led to an increase in MHGE's estimated
going-concern EBITDA to $400 million, from $350 million, and
multiple to 7.0x, from 6.0x. These increases were driven by MHGE's
recent operating performance relative to its competitors and the
industry and generally stronger market multiples through the recent
cycle.

KEY RATING DRIVERS

Reorganization's First Phase Completed: Following the repayment of
its debt, MHSE became a subsidiary of MHGE, diversifying MHGE's
operating and financial profile and contributing fresh collateral
to the new credit facilities. For the last 12 months (LTM) ended
June 30, 2017, MHGE's business profile was as follows:
approximately 38% of total billings were from Higher Ed
publishing/solutions, 40% from K-12 education content, 15% from
international, which includes sales of Higher Ed and professional
education materials, and 6% from professional education content and
services.

Defensible Market Shares: In the U.S. Higher Ed publishing market,
Fitch believes Pearson Education, Cengage Learning and MHGE
collectively hold more than 75% market share. For the U.S. K-12
publishing market, Fitch believes Pearson Education, Houghton
Mifflin Harcourt and MHSE collectively hold more than 80% market
share. This scale provides meaningful advantages and creates
barriers to entry for new publishers in both segments.

Long-term Digital Opportunity: Fitch believes the transition to
digital will lead to a net benefit and expects MHE to continue
investing in its digital products, including through small bolt-on
acquisitions. Fitch expects print/digital margins to be roughly in
line, as digital textbook price discounts (relative to print) and
interactive user experience investments offset the elimination of
the cost of manufacturing, warehousing and shipping printed
textbooks. In addition, digital products give Higher Ed publishers
a greater opportunity to disintermediate used/rental textbook
sellers.

Strong Upcoming Adoption Calendar: Fitch believes state and
municipal revenues and education budgets will continue to improve
at least through 2019 driven by a strong adoption calendar,
following several years of cyclical weakness. For Higher Ed
publishers, the potential for federal student aid cuts remain an
issue. However, Fitch believes long term Higher Ed enrolment will
continue to grow in the low single digits, as college degrees
continue to be a necessity for many employers.

DERIVATION SUMMARY

McGraw-Hill Global Education (MHGE) is well positioned in the
domestic K-12 and global Higher Ed textbook publisher markets, and
also has global exposure to professional education content and
services. MHGE is one of the top three K-12 and Higher Ed textbook
market publishers, with the top three collectively comprising more
than 75% of each of their addressable markets. This scale provides
meaningful advantages and creates significant barriers to entry to
new or smaller publishers. MHGE has generally outperformed its
competitors over the last few years, despite industry issues that
have resulted in those competitors experiencing ongoing operating
issues. Although MHGE is roughly the same size as Houghton Mifflin
Harcourt (HMH: b+*/Stable) and Cengage Learning (Cengage:
b*/Stable), it has less leverage and better margins and appears to
be better positioned to benefit from improvements in both
segments.

Each of MHGE's larger competitors is experiencing operational
issues as a result of underlying industry issues. K-12 has faced
cyclical headwinds over the last couple of years, pressuring
revenue and funds from operations (FFO) metrics. HMH, a K-12
competitor, has had several management changes and appointed a
member of Anchorage Capital Group, which owns approximately 16% of
HMH, to its board. Pearson Education (Pearson: unrated) announced
in March 2017 it was looking to sell its U.S. K-12 business after a
very weak 2016 due to the industry challenges and slower digital
adoption. Higher Ed experienced heavy textbook returns, although
this appears to be moderating, and enrolment concerns. Pearson has
experienced heavier returns and slower rollout of its digital
products than MHGE. Cengage was able to offset some of the lower
enrolment and textbook issues with digital growth.

KEY ASSUMPTIONS

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

-- Higher Ed revenue is forecasted to grow low to mid-single
    digits annually as digital continues its positive growth
    trajectory driven by growing acceptance of adaptive learning
    solutions. The K-12 segment is expected to realize meaningful
    growth through 2019 driven by upcoming adoption opportunities
    and market share gains. Professional and International
    revenues are expected to grow mid-single digits.

-- Deferred revenues continue to grow as a percentage of total
    revenues due to increases in K-12 digital revenues.

-- EBITDA margins are expected to grow driven by the continued
    implementation of cost savings that will more fully flow
    through the financial statements along with K-12 volume gains.

-- $25 million of annual tuck-in acquisitions.

-- Fitch expects IPO completed in late 2018 with sufficient
    proceeds to repay MHGE Parent notes maturing in July 2019.

-- No dividends or share repurchases are contemplated.

-- MHGE generates more than $250 million of free cash flow (FCF)
    annually, exceeding $400 million by 2020.

-- FFO Adjusted Leverage falls below 5x following the repayment
    of the MHGE Parent notes, declining below 4x by 2019.

-- The recovery analysis assumes that MHGE would be considered a
    going concern in bankruptcy and that the company would be
    reorganized rather than liquidated. Fitch has assumed a 10%
    administrative claim in the recovery analysis.

-- MHGE's recovery analysis assumes K-12 market share loss driven

    by an inability to win enough upcoming adoptions and ongoing
    industry issues in the Higher Ed segment dragging down
    revenues, which pressure margins. This precludes the company's

    ability to complete its IPO, which creates difficulty
    refinancing the 2019 maturity. The post-reorganization going
    concern EBITDA of $400 million is based on Fitch's estimate of

    MHGE's average EBITDA over a normal cycle, adjusted to include

    deferred revenues. It also takes into a count MHGE's operating

    performance relative to its competitors and its overall
    industry segments.

-- Fitch assumes MHGE will receive a going-concern recovery
    multiple of 7.0x EBITDA. The estimate considered several
    factors. HMHC and Pearson have traded at a median EV/EBITDA of

    12.2x and 10.9x, respectively. During the last financial
    recession, Pearson traded at approximately 8.0x EV/EBITDA,
    while neither MHGE nor HMHC were public at the time. The last
    large transaction in the textbook publishing space occurred in

    March 2013, when Apollo Global Management LLC acquired MHGE
    from S&P Global, Inc. for $2.5 billion, or a multiple of
    estimated EBITDA of approximately 7x. Fitch's multiple also
    accounts for MHGE's operating performance relative to its
    competitors despite ongoing industry issues in both the K-12
    and Higher Ed segments.

-- Fitch generally assumes a fully drawn revolver in its recovery

    analyses since credit revolvers are tapped as companies are
    under distress. Fitch assumes a full draw on MHGE's $350
    million revolver.

-- Fitch estimates full recovery prospects for the senior secured

    credit facilities and MHGE's senior unsecured bonds and rates
    them 'BB+/RR1', or three notches above MHGE's 'B+' IDR. Fitch
    estimates 31%-50% recovery prospects for MHGE Parent's senior
    unsecured PIK Notes and rates them 'B+/RR4', in line with
    MHGE's IDR.

RATING SENSITIVITIES

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

-- If MHGE establishes a financial policy that results in a
    significant improvement in operating metrics, including FFO
    adjusted total leverage.

-- If MHGE completes its IPO and proceeds are used to repay all
    existing MHGE Parent debt, which should result in Fitch-
    calculated FFO adjusted total leverage falling by
    approximately one turn.

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

-- Fitch-calculated FFO adjusted total leverage exceeds 6x on a
    sustained basis into cyclical industry improvement, whether
    driven by operating results or a leveraging transaction.

-- Mid-single-digit cash revenue declines, which may be driven by

    declines or no growth in digital products (caused by a lack of

    execution or adoption by professors).

LIQUIDITY

Adequate Liquidity: As of June 30, 2017, MHGE had $133 million in
cash (Fitch estimates approximately 10%-15% held outside the U.S.)
and $290 million of availability under its $350 million revolver
due May 2021. Fitch-calculated FFO adjusted total leverage was
6.7x. Fitch's focus on FFO adjusted total leverage is in line with
how Fitch calculates leverage across the K-12 industry, with the
change in deferred revenue included in the calculation of FFO to
account for GAAP-driven revenue timing differentials. As digital
revenues continue increasing, revenues realized in a given year
will eventually match revenues recognized in that year, although
Fitch does not expect that to occur within the rating horizon.

FULL LIST OF RATING ACTIONS

Fitch has affirmed the following ratings with a Stable Outlook:

McGraw-Hill Global Education Holdings, LLC (MHGE)

-- Long Term Issuer Default Rating (IDR) at 'B+'.

McGraw-Hill Global Education Finance, Inc. (MHGE Finance)

-- IDR at 'B+'.

MHGE Parent, LLC (MHGE Parent)

-- IDR at 'B+'.

MHGE Parent Finance, Inc. (co-issuer to MHGE Parent's senior
unsecured notes)

-- IDR at 'B+'.

Fitch has upgraded the following Issue ratings:

McGraw-Hill Global Education Holdings, LLC (MHGE)

-- Senior secured credit facility to 'BB+/RR1' from 'BB/RR2';
-- Senior unsecured notes to 'BB+/RR1' from 'B-/RR6'.

McGraw-Hill Global Education Finance, Inc. (MHGE Finance)

-- Senior unsecured notes to 'BB+/RR1' from 'B-/RR6'.

MHGE Parent, LLC (MHGE Parent)

-- Senior unsecured notes to 'B+/RR4' from 'B-/RR6'.

MHGE Parent Finance, Inc. (co-issuer to MHGE Parent's senior
unsecured notes)

-- Senior unsecured notes to 'B+/RR4' from 'B-/RR6'.



MEDAPOINT INC: Taps K&L Gates as Special Counsel
------------------------------------------------
Medapoint, Inc. seeks approval from the U.S. Bankruptcy Court for
the Western District of Texas to employ K&L Gates as special
counsel to the Debtor.

The professional services that K&L Gates will render are:

     a. provide legal advice with respect to certain litigation
        styled United States ex rel. Vasallo et al. v.
        Rural/Metro Corporation, et al., Civil Action No.
        2:15-cv-00 119-PHX-SRB, in the United States District
        Court for the District of Arizona, Phoenix Division.
        The Litigation involves qui tam claims against the
        Debtor's largest customer. The Debtor requires
        representation in connection with the Litigation;

     b. appear in the Litigation or the Court, and protect
        the interests of the Debtor; and

     c. represent the Debtor in certain corporate transactional
        and bankruptcy matters related to any potential sale
        of assets.

The hourly rates charged by the Firm are:

     Attorneys             $350 - $700
     Paraprofessionals     $150 - $250

Gregory P. Sapire of K&L Gates attests that the Firm does not hold
or represent any interest adverse to the Debtor or its estate with
respect to the Litigation.

The Counsel can be reached through:

     Gregory P. Sapire, Esq.
     K & L Gates
     1717 Main Street, Suite 2800
     Dallas, TX 75201
     Phone: 214-939-5500
     Fax: 214-939-5849

                       About Medapoint Inc.

Founded in 2009 and based in Austin, Texas, Medapoint, Inc.
provides software solutions.  The applications support more than
1,500 private and municipal providers of emergency medical services
(EMS) throughout the United States, including one of the nation's
leading private ambulance services, which provides more than 1.5
million transports annually.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Tex. Case No. 17-10876) on July 17, 2017.  Eric
J. Becker, its president, CEO and director, 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 Tony M. Davis presides over the case.


MONAKER GROUP: Will File Aug. 31 Form 10-Q Within Grace Period
--------------------------------------------------------------
Monaker Group, Inc., notified the Securities and Exchange
Commission via Form 12b-25 that the Company has experienced delays
in completing its quarterly report on Form 10-Q for the quarter
ended Aug. 31, 2017, within the prescribed time period, due to
delays experienced in completing the Company's financial statements
for the said quarter as a result of having to account for a debt
conversion transaction and asset sale which occurred at the end of
the quarter ended Aug. 31, 2017.  The Company anticipates that it
will file its complete quarterly report on Form 10-Q for the
quarter ended Aug. 31, 2017, on or before the fifth day following
the prescribed due date.

                        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.


MRI INTERVENTIONS: John Fletcher Appointed to Board of Directors
----------------------------------------------------------------
John Fletcher had been appointed to MRI Interventions' Board of
Directors.  Mr. Fletcher, founder and managing partner of Fletcher
Spaght, Inc., brings more than 30 years of experience in healthcare
with an emphasis in the field of medical devices.  He succeeded
Andrew K. Rooke, who stepped down from MRI Interventions' Board
after nearly six years of exceptional service to the company.

In addition to serving as managing partner of Fletcher Spaght, Mr.
Fletcher is Chairman of the Board of Spectranetics, Inc. (Nasdaq:
SPNC), a medical device company focused on minimally invasive
procedures in the cardiovascular system . During his 15-year tenure
on the Board, Spectranetics has seen continued expansion of its
therapeutic platforms and significant growth in its commercial
business.  Mr. Fletcher is also a member of the Board of Directors
of Axcelis Technologies, Inc (Nasdaq: ACLS), and Metabolon, Inc., a
health technology company.

"We are thrilled to have John join the Board of Directors," said
Frank Grillo, president and CEO of MRI Interventions, Inc.  "John's
extensive experience in the medical device industry, as well as his
leadership on a number of boards, both public and private, will be
a great addition to our company."

"I am pleased to join the Board of Directors of MRI Interventions,"
said John Fletcher.  "As the industry leader in the growing field
of real-time, MRI-guided procedures, MRI Interventions is well
positioned to advance patient care in the field of neurosurgery and
beyond.  I am looking forward to working with the team."

Prior to founding Fletcher Spaght, Inc., Mr. Fletcher was a senior
manager at The Boston Consulting Group.  He was a PhD candidate in
International Business at The Wharton School, University of
Pennsylvania, during which time he also earned a Master's Degree in
International Finance from Central Michigan University.  Mr.
Fletcher received his Masters of Business Administration from
Southern Illinois University and prior to that a Bachelor of
Business Administration from George Washington University.

Mr. Rooke's tenure as a member of MRI Interventions' Board of
Directors dates back to 2011, the third-longest period of service
among currently active Board members.

"Andy Rooke has been a Board member for nearly 6 years, he is a
significant shareholder of the Company, and an invaluable advisor
to all of the executive team," said Mr. Grillo.  "Andy has been a
great supporter of our company, and after six years of support and
insight, we will miss Andy, although his advice will carry us
forward for years to come."

                    About MRI Interventions

Building on the imaging power of magnetic resonance imaging, MRI
Interventions, Inc. -- http://www.mriinterventions.com/-- is
creating innovative platforms for performing the next generation of
minimally invasive surgical procedures in the brain.  The
ClearPoint Neuro Navigation System, which has received 510(k)
clearances and is CE marked, utilizes a hospital's existing
diagnostic or intraoperative MRI suite to enable a range of
minimally invasive procedures in the brain.

MRI Interventions incurred a net loss of $8.06 million in 2016,
compared to a net loss of $8.44 million in 2015.  As of June 30,
2017, MRI Interventions had $16.85 million in total assets, $8.32
million in total liabilities and $8.52 million in total
stockholders' equity.

Cherry Bekaert LLP, in Charlotte, North Carolina, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, citing that the Company incurred net
losses during the years ended Dec. 31, 2016, and 2015 of
approximately $8.1 million and $8.4 million, respectively.
Additionally, the stockholders' deficit at Dec. 31, 2016, was
approximately $756,000.  These conditions raise substantial doubt
about the Company's ability to continue as a going concern.


MTN INFRASTRUCTURE: Moody's Assigns B2 Corporate Family Rating
--------------------------------------------------------------
Moody's Investors Service has assigned a B2 corporate family rating
(CFR) and B3-PD probability of default rating (PDR) to MTN
Infrastructure TopCo (MTN), a wholly owned subsidiary of investment
funds of EQT Infrastructure (EQT or the sponsor) that will raise
debt to finance its acquisitions of Lumos Networks (Lumos) and,
subsequently, Spirit Communications (Spirit). Moody's has also
assigned a B2 (LGD3) rating to the company's proposed senior
secured credit facility, comprised of a $485 million seven-year
term loan B and a $65 million five-year revolver, which will be
used together with contributed equity from EQT to fund the purchase
of Lumos in the fourth quarter of 2017. The ratings reflect Moody's
view of the end state capital structure of MTN following the
acquisitions of both Lumos and Spirit. The ratings are contingent
upon Moody's review of final documentation and no material change
in the terms and conditions of the debt as advised to Moody's. EQT,
through MTN, expects to close its acquisition of Spirit in the
first quarter of 2018 with an additional equity investment and
under credit neutral terms, with a proposed add-on to the then
existing senior secured credit facility comprised of a $475 million
seven-year term loan B and a $50 million five-year revolver. The
combined company will be the largest regional fiber and
communications infrastructure provider operating in its markets
within the mid-Atlantic region and states in the southeastern
region of the US. The outlook is stable.

Assignments:

Issuer: MTN Infrastructure TopCo

-- Probability of Default Rating, Assigned B3-PD

-- Corporate Family Rating, Assigned B2

-- Senior Secured Bank Credit Facility, Assigned B2 (LGD3)

Outlook, Stable

RATINGS RATIONALE

The B2 CFR of MTN is supported by multi-year contracted recurring
revenues, low churn, a diverse customer base, and solid organic
growth potential due to strong data demand drivers underpinning the
fiber infrastructure market. This rating reflects the end state
structure of the company following the acquisitions of Lumos, a
primarily fiber-based communication infrastructure services
provider in the mid-Atlantic region, and Spirit, a complementary
fiber-based data and broadband service provider in several
southeastern states. The company benefits from revenue diversity
across enterprise, carrier and government customers and a robust
network that includes a large number of on-net buildings, connected
data centers, and a growing fiber-to-the-cell (FTTC) presence.
Within the bulk of its second, third and fourth tier markets, MTN
faces competition limited to two or fewer entities, comprised
mainly of the incumbent local exchange carrier (ILEC) and sole
cable player. MTN utilizes its largely owned fiber-based
communication services network to drive revenues in its data
segment, representing around 80% of overall revenue. A declining
legacy voice segment targeting residential and small business
customers comprises the remainder of the business.

The rating also reflects MTN's small but growing scale, leverage,
low free cash flow generation, and execution and integration risks
associated with the planned acquisition of Spirit following the
company's initial acquisition of Lumos, a strategic merger which
nearly doubles the company's size. Operational risks associated
with the Spirit acquisition could lead to elevated churn, a
potential slowing in revenue growth, and delays in achieving merger
synergies. Free cash flow trajectory, expected to begin ramping
late in 2018, could be pressured by missteps or strategic capital
spending opportunities, especially involving additional carrier
business. MTN's outright ownership of the majority of its 20,000
route mile metro and long haul fiber network contributes to
increased leverage tolerance for the rating relative to peers.

Moody's expects that MTN will maintain good liquidity over the next
12 months due to positive free cash flow which is mainly a result
of improved capital efficiency and reduced spending on network
expansion. The company will have a $65 million revolver at the
close of the Lumos acquisition, to be upsized to $115 million
following the close of the Spirit deal, which Moody's expects will
remain undrawn through close of the two acquisitions. The revolver
is subject to a maximum total first lien secured leverage covenant
of 7x, springing at 25% draw. Moody's believes MTN will have
sufficient cushion on the financial covenant for the next 12
months. The company owns valuable fiber assets but these are mainly
encumbered by the bank facilities.

The ratings for debt instruments reflect both the probability of
default of MTN, to which Moody's assigns a PDR of B3-PD, and
individual loss given default assessments. The senior secured
credit facilities are rated B2 (LGD3), in line with the CFR given
as the facilities comprise the vast majority of the capital
structure.

The stable outlook reflects Moody's view that MTN will continue to
grow revenue and EBITDA, resulting in leverage trending towards 5x
(Moody's adjusted) by 2018.

The B2 rating could be upgraded if leverage is sustained below 4x
(Moody's adjusted) and free cash flow to debt is above 10%. The
rating could be downgraded if liquidity deteriorates, if free cash
flow weakens or if leverage is sustained above 5x (Moody's
adjusted) by 2018.

The principal methodology used in these ratings was Communications
Infrastructure Industry published in September 2017.

MTN Infrastructure TopCo is an acquisition financing entity which
will own the combined businesses of Lumos Networks and Spirit
Communications, and will operate as a fiber-based communication
services provider in the mid-Atlantic and southeastern region of
the US. Pro forma for the proposed acquisitions, the company will
generate approximately $400 million of annual revenue.


NATHAN'S FAMOUS: S&P Affirms B- CCR on Refinancing, Outlook Stable
------------------------------------------------------------------
U.S.-based restaurant company, licensor, and wholesaler Nathan's
Famous Inc. is issuing $150 million of new senior secured notes,
which it will use to refinance its outstanding $135 million notes
and partially fund a $21 million special dividend to stockholders.

S&P Global Ratings thus affirmed its 'B-' corporate credit rating
on New York-based Nathan's Famous Inc. The outlook is stable.

S&P said, "At the same time, we assigned our 'B-' issue-level
rating to the company's new $150 million senior secured notes. The
recovery rating is '3', indicating our expectation for meaningful
(50%-70%; rounded estimate: 55%) recovery in the event of a payment
default."

S&P said, "The ratings affirmation reflects our expectation that
Nathan's will continue to diversify its revenue streams into
higher-margin business lines away from its underperforming
restaurant segment and maintain leverage in the mid-5x range at
fiscal year-end 2018. Pro forma for the transaction, leverage
increases to 5.5x as of June 25, 2017, up from 4.8x at fiscal
year-end 2017. The proposed transaction will extend Nathan's
nearest debt maturity to 2025 and the lower coupon will reduce the
company's total cash interest expense. We expect profitability to
remain flat in fiscal 2018 (ending March 25, 2018) as the company
contends with higher beef costs and higher labor expenses in its
company-owned restaurants.

"The stable outlook reflects our view that leverage will be
sustained in the mid-5x range over the next 12 months following the
incremental debt the company's planned refinancing will add. We
believe the company's growing high-margin licensing segment will
continue to generate positive FOCF and the company will maintain
adequate liquidity.

"We could raise the rating if the company grows its topline and
EBITDA and strengthens its credit protection metrics, including
leverage declining below 5x and FFO to debt approaching 12% on a
sustained basis. For this to occur, we would expect Nathan's to
continue to expand its more profitable business lines and
demonstrate stable earnings growth through fluctuating commodity
cycles. In our view, continued EBITDA growth would demonstrate the
company's ability to expand its size and scale. A higher rating
would also be contingent on our belief that the company's financial
policies would support sustained credit metric improvement.

"We could lower the rating if EBITDA declined by more than 25%
below our expectations caused by an inability to pass on rising
commodity costs to customers or a slow down in demand for its
products due to changing consumer tastes. This would pressure FOCF
generation, constrain liquidity, and lead us to conclude the
company's capital structure is unsustainable. We could also lower
the rating if the company pursues a more aggressive financial
policy by incurring additional debt to fund dividends or share
repurchases."


NATIONAL EVENTS: May Obtain $280K Financing From Taly, SLL, Hutton
------------------------------------------------------------------
The Hon. James L. Garrity, Jr., of the U.S. Bankruptcy Court for
the Southern District of New York has granted National Events
Holdings, LLC, and its debtor affiliates authorization to obtain
postpetition financing in an aggregate principal amount of up to
$280,000 pursuant to the terms of an agreement with Taly USA
Holdings Inc., SLL USA Holdings LLC and Hutton Ventures LLC.

The Court says it is evident that the Corporate Debtors do not have
sufficient available sources of capital and financing to conduct an
investigation of the Corporate Debtors' prepetition activities
without the DIP Facility.  Conducting that investigation is
essential to maximizing the value of the Corporate Debtors'
estates.

As a condition to entering into the DIP Documents and extending
credit under the DIP Facility, the DIP Lenders require, and the
Corporate Debtors have agreed, that proceeds of the DIP Facility
will be used only for: (i) payment of the costs and expenses
incurred by the Estate Fiduciary and his professionals, (ii)
payment of valid fees owed to the Office of the United States
Trustee, (iii) repayment of the Bridge Loan, (iv) payment of
interest, fees, costs, and expenses related to the DIP Facility,
and (v) payment of up to $45,000 in fees and expenses incurred by
an examiner appointed in the Corporate Debtors' cases (on consent
of the Lenders).

The DIP Obligations will constitute senior administrative expense
claims against each of the Corporate Debtors, on a joint and
several basis with priority in payment over any and all
administrative expenses of any kind or nature whatsoever; provided,
however, that the DIP Superpriority Claims be subject to the
payment in full in cash of any amounts due under the carve-out;
provided, further, that the DIP Superpriority Claims have recourse
to and be payable from all prepetition and postpetition property of
the Debtors and their estates and all proceeds thereof, including,
subject to entry of the final court order, the proceeds of
avoidance actions under Chapter 5 of the Bankruptcy Code.

As security for the DIP Obligations, immediately upon entry of the
final court order, the DIP Lenders will be granted continuing,
valid, binding, enforceable, non-avoidable, and automatically and
properly perfected security interests in and liens on all DIP
Collateral as collateral security for the prompt and complete
performance and payment when due of the DIP Obligations.  The term
"DIP Collateral" means all assets and properties of the Corporate
Debtors.  

Subject to entry of the final court order, the DIP Lenders will
have the right to credit bid up to the full amount of the DIP
Obligations during any sale of the DIP Collateral, including
without limitation, sales pursuant to the U.S. Bankruptcy Code
Section 363 or included as part of any plan subject to confirmation
under Section 1129(b)(2)(A).  The DIP Lenders have the absolute
right to assign, transfer, sell, or dispose of their rights to
credit bid.

A copy of the Order is available at:

            http://bankrupt.com/misc/nysb17-11798-69.pdf

As reported by the Troubled Company Reporter on July 18, 2017, the
Debtors previously sought court permission to obtain up to $245,000
of postpetition financing of Falcon Strategic Partners IV, LP, and
FMP Agency Services, LLC, and use cash collateral, saying that the
proposed financing was advantageous to the Debtors because it would
provide critical debtor-in-possession financing during the next
phase of the Debtors' Chapter 11 cases, specifically the Debtors'
efforts to liquidate the remaining inventory of tickets before the
tickets become stale, and the Debtors' continuing investigation
into the causes of action.  

                  About National Events Holdings

National Events Holdings, LLC, et al., operate together a ticket
broker and wholesale distributor of tickets for sporting and
theatrical events that was formed in 2006.  The Debtors provide
ticketing services for all concert, theater and sporting event
tickets, as well as various V.I.P. hospitality packages that
deliver exclusive access to big name events, including hotels,
celebrity meet and greets and exclusive parties.

National Events Holdings, et al., filed for Chapter 11 bankruptcy
protection (Bankr. S.D.N.Y. Lead Case No. 17-11556) on June 5,
2017.

The Debtors' attorneys are Stephen B. Selbst, Esq., and Hanh V.
Huynh, Esq., at Herrick, Feinstein LLP, in New York.  Timothy
Puopolo of RAS Management Advisors, LLC, is the Debtors' as chief
restructuring officer.


NATIONAL TRUCK: Committee Hires Jones Walker as Counsel
-------------------------------------------------------
The Official Committee of Unsecured Creditors of National Truck
Funding, LLC and its debtor-affiliates seeks approval from the U.S.
Bankruptcy Court for the Southern District of Mississippi to retain
Jones Walker LLP as counsel.

Services John Walker will perform are:

     a. consult with the Debtors' professionals or
        representatives concerning the administration of the
        Cases;

     b. prepare and review pleadings, motions and correspondence;

     c. appear at and being involved in proceedings before the
        Court;

     d. provide legal counsel to the Committee in its
        investigation of the acts, conduct, assets, liabilities
        and financial condition of the Debtors, the operation of
        the Debtors' businesses, and any other matters relevant
        to the Cases;

     e. analyze the Debtors' proposed use of cash collateral
        and/or debtor-in-possession financing;

     f. advice the Committee with respect to its rights, duties
        and powers in the Cases;

     g. assist the Committee in analyzing the claims of the
        Debtor's creditors and in negotiating with the creditors;

     h. assist the Committee in its analysis of and negotiations
        with the Debtors or any third party concerning matters
        related to, among other things, the terms of sale, plan
        of reorganization or other conclusion of the Cases;

     i. assist and advise the Committee as to its communications
        to the general creditor body regarding significant
        matters in these Cases;

     j. assist the Committee in determining a course of action
        that best serves the interests of the unsecured
        creditors; and

     k. perform other legal services as may be required under
        the circumstances of the Cases and are deemed to be in
        the interest of the Committee in accordance with the
        Committee's powers and duties as set forth in the
        Bankruptcy Code.

Hourly rate for the firm's Attorneys responsible for representing
the Committee are:

        Mark A. Mintz, Partners            $350
        Jeffrey R, Barber, Partner         $375
        R. Patrick Vance, Partner          $450
        Stephanie B. McLarty, Associate    $250
        Paraprofessionals                  $125

Mark A. Mintz attest that Jones Walker has no connection with the
Debtor, the creditors or any other party-in-interest, their
respective attorneys and accountants, the US Trustee, or any person
employed in the Office of the United States Trustee and the firm
does represent any entity having adverse interest in connection
with the Cases.

The Firm can be reached through:

        Mark A. Mintz
        JONES WALKER LLP
        201 St. Charles Avenue, Suite 5100
        New Orleans, LA 70170-5100
        Tel: (504) 582-8368
        Fax: (504) 589-8368
        Email: mmintz@joneswalker.com

              - and -

        Jeffrey R. Barner
        Stephanie B. McLarty
        JONES WALKER LLP
        190 East Capitol Street, Suite 800
        Post Office Box 427
        Jackson, MI 39205-0427
        Tel: (601) 949-4765
        Telecopy: (601) 949-4804
        Email: jbarber@joneswalker.com
               smclarty@joneswalker.com

                   About National Truck Funding

Headquartered in Gulfport, Mississippi, National Truck Funding, LLC
-- http://nationaltruckfunding.com/-- retails and rents trucks.  
It operates as a subsidiary of American Truck Group, LLC --
http://americantruckgroup.com/

National Truck and American Truck sought Chapter 11 protection
(Bankr. S.D. Miss. Case Nos. 17-51243 and 17-51244) on June 25,
2017.  The petitions were signed by Louis J. Normand, Jr., its
manager.

National Truck estimated its assets and liabilities at $10 million
to $50 million.  American Truck estimated its assets and
liabilities at $1 million to $10 million.

Judge Katharine M. Samson presides over the cases.  The Debtors
hired Lugenbuhl, Wheaton, Peck, Rankin & Hubbard as bankruptcy
counsel; Wessler Law Firm as local counsel; Lefoldt & Company PA as
accountant; and Chaffe & Associates as restructuring advisor and
investment banker.


NATIONAL TRUCK: Want Premium Financing Pact With First Insurance
----------------------------------------------------------------
National Truck Funding, LLC, and American Truck Group, LLC, seek
permission from the U.S. Bankruptcy Court for the Southern District
of Mississippi to incur, nunc pro tunc to Oct. 11, 2017, debt
pursuant to 11 U.S.C. Section 364(c)(2), execute and make cash down
payment and subsequently monthly payments pursuant to a premium
financing agreement with First Insurance Funding.

In the ordinary course of business, the Debtors maintain insurance
policies providing insurance in amounts and types of coverage in
accordance with the state and local laws, as well as in accordance
with certain contractual obligations.

The Debtors seek to replace its current Open Lot and Garage Keepers
Liability insurance with Lexington in order to reduce deductible
amounts and otherwise improve the coverage provided by that
insurance.  The Debtors say that maintaining the insurance is
crucial to the ability of the Debtors to continue operating their
businesses.

The insurance will bear total premiums of $72,121.34 and the
payment of that amount from the Debtors' cash on hand in a single
payment would potentially hinder the Debtors' ability to pay other
operational expenses in the ordinary course of their businesses.
Therefore, it is necessary for the Debtors to finance the premiums
of the subject insurance policy, the Debtors say.

The Debtors have determined that First Insurance will agree to
finance the premiums of the insurance policy pursuant to the terms
of the Premium Finance Agreement.

The Debtors' obligations under the Premium Finance Agreement
include payment of a cash down payment in the amount of $14,962.24
and 10 monthly payments in the amount of $6,009.38 commencing on
Nov. 9, 2017.

The Debtors forwarded the down payment required by the Premium
Finance Agreement to the insurance agent, The Buckner Company, on
Oct. 11, 2017.  Undersigned counsel received a copy of the Premium
Finance Agreement and notice of the down payment on Oct. 12, 2017.


The Debtors' obligations under the Premium Finance Agreement will
be secured by a security interest in the financed policies and any
additional premiums required under the financed policies, including
all return premiums, dividend payments, and loss payments which
reduce unearned premiums.  Furthermore, under the Premium Finance
Agreement, First Insurance has authority to, among other things,
cancel the subject insurance policy in the event of non-payment.

No party currently holds a lien or security interest over the type
of property covered by the Premium Finance Agreement.

In view of the importance of maintaining insurance coverage to the
Debtors' business operations, as well as preserving the Debtors'
cash flow and estate by financing the premiums, execution of the
Premium Finance Agreement, payment of the cash down payment, and
payment of the monthly payments to First Insurance.

A copy of the Debtors' Motion is available at:

          http://bankrupt.com/misc/mssb17-51243-362.pdf

As reported by the Troubled Company Reporter on Aug. 31, 2017, the
Court previously authorized the Debtor to incur debt, execute and
make cash down payment and monthly payments pursuant to insurance
premium financing agreement with Prime Rate Premium Finance
Corporation.

                  About National Truck Funding

Headquartered in Gulfport, Mississippi, National Truck Funding, LLC
-- http://nationaltruckfunding.com/-- retails and rents trucks.  
It operates as a subsidiary of American Truck Group, LLC --
http://americantruckgroup.com/  

National Truck and American Truck sought Chapter 11 protection
(Bankr. S.D. Miss. Case Nos. 17-51243 and 17-51244) on June 25,
2017.  The petitions were signed by Louis J. Normand, Jr.,
manager.

National Truck estimated its assets and liabilities at $10 million
to $50 million.  American Truck estimated its assets and
liabilities at $1 million to $10 million.

Judge Katharine M. Samson presides over the cases.  The Debtors
hired Lugenbuhl, Wheaton, Peck, Rankin & Hubbard as bankruptcy
counsel; Wessler Law Firm as local counsel; Lefoldt & Company PA as
accountant; and Chaffe & Associates as restructuring advisor and
investment banker.


NEPHROS INC: Expects Over 90% Year-Over-Year Revenue Growth in Q3
-----------------------------------------------------------------
Nephros, Inc. provides a general update on the Company's activities
and guidance for the third quarter of 2017.

The Company has begun selling all versions of the EndoPur and
HydraGuard to dialysis clinics and hospital facilities,
respectively.

The Company expects to launch its 9,000 gallon lead-removal filter
before the end of 2017.  The dual stage filter will absorb soluble
lead and retain particulate lead to provide a comprehensive
solution for water that exceeds a lead concentration of 150 parts
per million.

Vanderbilt University continues to treat patients with the Nephros
OLpUr H2H Hemodiafiltration Module.  The Company has made
additional progress in the development of the second generation
hemodiafiltration module and expects to increase these activities
as the Company achieves positive cash flow.

The Company expects to receive non-dilutive cash proceeds of over
$1.5 million late in the fourth quarter of 2017 from the sale of
net operating losses and research and development tax credits
through the Technology Business Tax Certificate Transfer Program at
the New Jersey Economic Development Authority.

             Preliminary Third Quarter 2017 Revenue

The Company expects total revenue for the third quarter ending
Sept. 30, 2017, of approximately $915,000, an increase of
approximately 95% over the same period in 2016.  Based upon the
anticipated sales trajectory, the Company believes that it can be
sustainably cash flow positive around the end of 2017.

"We continue to make great strides in our water filter business,
adding new customers monthly," said Daron Evans, CEO of Nephros.
"New CMS guidelines have increased the focus on legionella
prevention across a broader set of hospitals.  We continue to
believe that positive cash flow from operations is achievable in
the very near term."

"In the last quarter of the year, our primary focus in the dialysis
sector is marketing the EndoPurTM product portfolio.  In the
hospital sector, our primary focus is supporting our water
treatment partners as they serve hospitals that are enhancing their
legionella prevention programs in order to comply with the recent
CMS site survey update."

                     About Nephros, Inc.

River Edge, N.J.-based Nephros, Inc. -- http://www.nephros.com/--
is a commercial stage medical device company that develops and
sells liquid purification filters.  Its filters, which it calls
ultrafilters, are primarily used in dialysis centers and healthcare
facilities for the production of ultrapure water and bicarbonate.

Moody, Famiglietti & Andronico, LLP, in Tewksbury, MA, issued a
"going concern" qualification in its report on the consolidated
financial statements for the year ended Dec. 31, 2016.  It said,
"[T]he Company has incurred negative cash flow from operations and
recurring net losses.  These conditions, among others, raise
substantial doubt about its ability to continue as a going
concern."

Nephros reported a net loss of $3.03 million on $2.32 million of
total net revenues for the year ended Dec. 31, 2016, compared with
a net loss of $3.08 million on $1.94 million of total net revenue
for the year ended Dec. 31, 2015.  As of June 30, 2017, Nephros had
$2.84 million in total assets, $2.05 million in total liabilities
and $783,000 in total stockholders' equity.


NEWPARK RESOURCES: S&P Hikes CCR to B on Improving Credit Metrics
-----------------------------------------------------------------
S&P Global Ratings raised its corporate credit rating on
Houston-based Newpark Resources Inc. to 'B' from 'B-'. The outlook
is stable.

S&P also raised the issue-level rating on the company's senior
unsecured convertible notes to 'B' from 'B-'. The recovery rating
on the notes remains '3', indicating our expectation for meaningful
(50% to 70%; rounded estimate: 60%) recovery in the event of
payment default.

U.S.-based oilfield service provider Newpark Resources Inc. is
benefitting from improving conditions in the oilfield services
market. Oil prices rising from 2016 lows and efficiency gains by
U.S. shale oil exploration and production (E&P) companies have led
to an increase in drilling and completion activity. Newpark has
expanded its mats segment outside its traditional oil and gas
market, resulting in improving results. As a result, S&P expects
the company to generate significantly higher adjusted EBITDA year
over year in 2017.

S&P said, "The upgrade reflects our expectation for stronger
financial measures in 2017 and 2018 compared with the company's
very weak 2016 results. Newpark was successful in retiring its
October 2017 bond maturity, which we believe will improve financial
measures going forward with lower debt leverage and higher funds
from operations (FFO) to debt. We expect debt leverage to be in the
1.5x to 2.5x range and FFO to debt to be around 35% to 45% over the
next 12 months. Nevertheless, ratings will continue to reflect the
inherent volatility of the oilfield services industry as exhibited
in the wide swings in EBITDA Newpark has seen over the 2014 to 2017
timeframe when adjusted EBITDA went from a high of almost $200
million to a low of about $5 million. This is heightened by
Newpark's limited scale of operations and product diversity
relative to higher-rated oilfield services peers.

"The stable outlook reflects our expectation that credit measures
will strengthen from the previous year's levels as market
conditions in the U.S. onshore oil and gas drilling improve along
with the company's successful integration of the mats business into
markets outside the oil and gas industry. It is our expectation
that credit measures will be strong for the rating over the next 12
months.

"We could lower the rating if credit measures deteriorated such
that FFO to debt was approaching 12%. We could envision this
scenario if hydrocarbon prices and market conditions weakened
beyond out forecasts, leading to increased pricing pressures and a
deterioration in margins. Additionally, leverage could climb if the
company increases its debt load to finance acquisitions or for
shareholder rewards.

"We could raise the rating if Newpark was able to increase its size
and scale of operations while maintaining leverage of about 1.5x to
2.5x. We could envision such a scenario if Newpark increases its
market share in both the fluids and mat segments in which it
operates."


NICE CAR: Oct. 25 Hearing on Disclosure Statement
-------------------------------------------------
Judge Raymond B. Ray of the U.S. Bankruptcy Court for the Southern
District of Florida will convene a hearing on Oct. 25, 2017, at
10:00 a.m. to consider approval of the disclosure statement filed
by Nice Car, Inc. on Oct. 12, 2017.

The last day for filing and serving objections to the Disclosure
Statement is Oct. 23, 2017.

                    About Nice Car, Inc.

Founded in 1977, Nice Car -- https://nicecar1977.com/ -- is a
family owned and operated full service used car dealer.  The
Debtor's business is located in Hollywood, Broward County, Florida
and serves customers throughout the South Florida area.  Steven
Kerzer is the 100% shareholder of the Debtor and the Debtor's
president.

Nice Car, Inc., filed a Chapter 11 petition (Bankr. S.D. Fla. Case
No. 17-15001), on April 24, 2017.  The petition was signed by
Steven Kerzer, president.  The case is assigned to Judge Raymond B.
Ray.  The Debtor is represented by Robert F. Reynolds, Esq., at
Slatkin & Reynolds, P.A.  At the time of filing, the Debtor had
estimated assets and liabilities ranging from $10 million to $50
million.


OFFICE DEPOT: Moody's Affirms B1 CFR & Revises Outlook to Positive
------------------------------------------------------------------
Moody's Investors Service affirmed all ratings of Office Depot,
Inc., including the B1 corporate family rating, and changed the
outlook to positive from stable. A B1 rating was also assigned to
its proposed $750 million senior secured term loan due 2023, which
will partially fund its proposed purchase of CompuCom Systems, Inc.
(Caa2 negative) for total consideration of approximately $1
billion.

"The change in outlook to positive is driven by Moody's view that
there is ample cushion in Office Depot's current rating to absorb
this acquisition, which Moody's believes will be additive to its
business," stated Moody's Vice President Charlie O'Shea. "CompuCom,
with its suite of IT services, is a solid strategic fit, providing
Office Depot with a new service offering that will differentiate it
from its competition by moving it away from the 'commoditized'
portion of the office products and services subsegment of retail,"
added O'Shea. "Following the rejection by the FTC of its
acquisition by Staples, Moody's felt that some meaningful financial
policy 'move' would occur, and this acquisition reflects a sensible
use of the company's balance sheet."

Proceeds from the proposed $750 million senior secured term loan,
along with a roughly 8% stake in Office Depot, will be paid to
Thomas H. Lee Partners, L.P. ("THL") for CompuCom -- an IT services
company with approximately $1.1 billion in sales. -- representing
total consideration of approximately $1 billion, which includes the
repayment of CompuCom's existing outstanding debt. Moody's
estimates pro forma for the transaction Office Depot's debt/EBITDA
will increase to around 3 times and EBIT/interest will reduce to
around 2.4 times. The transaction is expected to close by year-end.
Upon the close of the transaction and final review of
documentation, all ratings of CompuCom will be withdrawn.

Assignments:

Issuer: Office Depot, Inc.

-- Senior Secured Bank Credit Facility, Assigned B1(LGD4)

Outlook Actions:

Issuer: Office Depot, Inc.

-- Outlook, Changed To Positive From Stable

Affirmations:

Issuer: Alabama State Industrial Dev. Auth.

-- Senior Unsecured Revenue Bonds, Affirmed B3(LGD5)

Issuer: American Foreign Power

-- Senior Unsecured Regular Bond/Debenture, Affirmed B3(LGD5)

Issuer: Beauregard (Parish of) LA

-- Senior Unsecured Revenue Bonds, Affirmed B3(LGD5)

Issuer: International Falls (City of) MN

-- Senior Unsecured Revenue Bonds, Affirmed B3(LGD5)

Issuer: Office Depot, Inc.

-- Probability of Default Rating, Affirmed B1-PD

-- Corporate Family Rating, Affirmed B1

-- Speculative Grade Liquidity Rating, Affirmed SGL-1

Issuer: Rumford (Town of) ME

-- Senior Unsecured Revenue Bonds, Affirmed B3(LGD5)

RATINGS RATIONALE

Office Depot's B1 rating primarily considers its strong credit
metrics, which Moody's expects will improve over the next 12-18
months as the company executes its planned acquisition of CompuCom
and the integration of OfficeMax continues to generate meaningful
synergies. The rating also recognizes the difficult macroeconomic
operating environment for the office supply sector in the U.S.,
which continues to compress operating performance, as well as the
company's challenged historical execution ability. Moody's expects
liquidity to remain at least very good, which is a critical factor
supporting the B1 rating. The rating also reflects Mooy's
expectation that financial policy, particularly returns to
shareholders, will continue its historically-conservative
philosophy.

The positive outlook reflects Moody's expectation that the company
will continue to generate meaningful synergies from the OfficeMax
acquisition, and that its planned acquisition of CompuCom is
integrated smoothly and generates cost and operational synergies.
The positive outlook also reflects Moody's expectation that Office
Depot's financial policy will remain balanced and support
improvement in credit metrics. Ratings could be upgraded if the
company's integration of OfficeMax and CompuCom generate improved
operating performance and financial policy remains at least
balanced. Quantitatively, ratings could be upgraded if Debt/EBITDA
was maintained below 4.0x and EBIT/Interest was sustained above
2.5x. An upgraded will also require liquidity generally maintained
at current levels. Ratings could be downgraded if operating
performance weakens, or financial policy becomes aggressive such
that Debt/EBITDA is sustained above 5.0x and EBIT/Interest fell
below 1.75x, or liquidity were to weaken.

Office Depot ("ODP") is the second largest office supply retailer
in the U.S. with annual revenues of around $11 billion. It acquired
OfficeMax in November 2013.

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


OPTIMA SPECIALTY: Court Confirms Modified Reorganization Plan
-------------------------------------------------------------
Optima Specialty Steel, Inc., on Oct. 17, 2017, disclosed that the
United States Bankruptcy Court for the District of Delaware
confirmed its Modified Plan of Reorganization.  The Plan
confirmation clears the way for OSS to complete its financial
restructuring and emerge from bankruptcy in the coming weeks.  The
Plan, sponsored by DDJ Capital Management, LLC ("DDJ"), received
the support of all of the Company's major creditor groups.

"We are extremely pleased with the results of [Tues]day's
confirmation hearing and the Court's action," said Michael Salamon,
President of the Company.  "The Court's approval of our Plan paves
the way for us to complete our financial restructuring and move
forward with enhanced financial flexibility and stability.  Our
path through this critical step of the restructuring process would
not have been possible without the support of our debtholders and
creditors. I also want to extend our thanks to our customers,
vendors, employees, and professional advisors who remained loyal
and supportive throughout this process," Mr. Salamon added.

Mr. Salamon continued, "Our restructuring will not alter our
commitment to ethical business practices, operational excellence,
and delivering world-class products and services our customers have
come to expect from us.  We are emerging well positioned for
sustainable long term growth and looking forward to creating new
and deeper relationships in the market under our new ownership."

Jim Kime, Managing Director at DDJ, the investment manager to the
Company's largest creditor constituency, said: "We have been
investors in the Company for many years and believe in the future
of the Company, as reflected by our continued financial support of
the Company as it emerges from bankruptcy.  We look forward to
working closely with the Company's management to create a stronger,
more sustainable enterprise delivering excellent products to its
customers."

For more information about the Plan of Reorganization please visit:
http://cases.gardencitygroup.com/oma/index.php

                   About Optima Specialty Steel

Optima Specialty Steel Inc. and its affiliates are independent
manufacturers of specialty steel products.  Their manufacturing
facilities are located in the United States, and each of the
companies' operating units have operated in the steel industry for
more than 50 years.

Optima Specialty Steel and its affiliates filed Chapter 11
bankruptcy petitions on Dec. 15, 2016: Optima Specialty Steel
(Bankr. D. Del. Case No. 16-12789); Niagara LaSalle Corporation
(Case No. 16-12790); The Corey Steel Company (Case No. 16-12791);
KES Acquisition Company (Case No. 16-12792); and Michigan Seamless
Tube LLC (Case No. 16-12793).  The petitions were signed by
Mordechai Korf, chief executive officer.  At the time of filing,
Optima Specialty estimated assets and liabilities of $100 million
to $500 million.

The Debtors engaged Greenberg Traurig, LLP, in Wilmington,
Delaware, as counsel. The Debtors tapped Ernst & Young LLP as their
accountant.  Garden City Group is the claims and noticing agent,
and maintains the site
http://cases.gardencitygroup.com/oma/info.php  

On Jan. 4, 2017, the U.S. Trustee for Region 3 appointed an
official committee of unsecured creditors.  The Committee retained
Squire Patton Boggs (US) LLP as its lead counsel and Whiteford,
Taylor & Preston LLC as its local Delaware counsel.  

No request has been made for the appointment of a trustee or
examiner.


PACE DIVERSIFIED: Macpherson and NPA Claims Removed in New Plan
---------------------------------------------------------------
Pace Diversified Corporation filed with the U.S. Bankruptcy Court
for the Eastern District of California a first amended disclosure
statement in support of its first amended plan of reorganization,
dated Oct. 6, 2017.

According to this latest disclosure statement, the Debtor reached a
Stipulated Settlement with Macpherson and National Petroleum
Associates following two days of mediation in July 2017. The
Settlement resolved the pending litigation between the parties and
will provide $500,000 for use to pay claims owed by Debtor. A
Motion to Approve Compromise was filed by Debtor on July 26, 2017,
and was approved on August 11, 2017. Disputes have arisen about one
of the key terms of the Settlement, the terms of a quitclaim deed
relative to the Gardner Lease. The parties are scheduled to
arbitrate that portion of the dispute in December 2017.

Under the new plan, the class 6 claims of Macpherson and NPA have
been extinguished by virtue of the Order Approving Compromise of
Controversy entered on August 11, 2017. Therefore, Class 6 is
unimpaired under the Plan and is not entitled to vote.

The Debtor also reached an agreement with Traveler's Insurance
Company after two months of exchanging valuations. Traveler's would
pay the Debtor about $498,000 for the destruction of Debtor's
workover rig. Debtor sought approval of the compromise with
Traveler's on August 25, 2017. The compromise was approved on Sept.
8, 2017, and Traveler's has paid the settlement.

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

      http://bankrupt.com/misc/caeb17-11028-311.pdf

               About Pace Diversified Corporation

Pace Diversified Corporation was incorporated in 2001 by its owners
Dwayne and Patricia Roach. Pace is engaged in the production and
distribution of oil and gas. The Company was founded in 2000 and is
based in Bakersfield, California.

Pace Diversified filed a Chapter 11 petition (Bankr. E.D. Cal. Case
No. 17-11028) on March 23, 2017. The petition was signed by Dwayne
Roach, President. The case is assigned to Judge Rene Lastreto II.
The Debtor is represented by T. Scott Belden, Esq. at Belden Blaine
Raytis, LLP. At the time of filing, the Debtor had $10 million to
$50 million in estimated assets and $1 million to $10 million in
estimated liabilities.


PACIFIC DRILLING: No Consensus Yet on Debt Restructuring
--------------------------------------------------------
Pacific Drilling S.A. said in a Form 8-K report filed with the
Securities and Exchange Commission that there is no consensus yet
between the Company, its controlling shareholder and its creditors
as to the terms of any restructuring.  The Company intends to make
its management team and advisors available to continue discussions
with the Creditors, other stakeholders and their respective
representatives concerning a potential restructuring, subject to
satisfactory confidentiality assurances.

Pacific Drilling executed in September 2017 non-disclosure
agreements with certain unaffiliated beneficial holders of the
7.25% Senior Secured Notes due 2017 issued by Pacific Drilling V
Ltd, an indirect, wholly-owned subsidiary of the Company, the Term
Loan B maturing 2018 borrowed by the Company and the 5.375% Senior
Secured Notes due 2020 issued by the Company to facilitate
discussions with the Creditors concerning the restructuring of the
Companies' capital structure.

Pursuant to the NDAs, the Company agreed to disclose publicly after
a specified period, if certain conditions were met, that the
Company and the Creditors had engaged in discussions concerning the
Companies' capital structure and information regarding such
discussions.

To facilitate ongoing discussions, the Creditors previously agreed
to a one-week extension of their NDAs, but as of Oct. 16, 2017, the
extended discussion period has elapsed and the Creditors have not
agreed to any further extensions.

As more fully described in the Company Presentation and the
Proposal Summary, in connection with discussions regarding a
potential Restructuring, on Sept. 6, 2017, the Company proposed to
(i) extend the maturity of (a) the Revolving Credit Facility
borrowed by the Company from 2018 to 2023 and (b) the Senior
Secured Credit Facility borrowed by Pacific Sharav S.a r.l. and
Pacific Drilling VII Ltd., both indirect, wholly-owned subsidiaries
of the Company, from 2019 to 2024 and (ii) equitize all of the
Indebtedness and approximately 55% of the indebtedness owed under
the SSCF.  Under this proposal, the Company's current common
shareholders would retain approximately 17.5% of the
post-reorganization equity of the Company and obtain warrants to
purchase approximately an additional 10% of the equity of the
Company.

In response to the Company's proposal, the Creditors proposed that
the Creditors receive approximately 97.25% of the
post-reorganization equity of the Company, with the current
equity-holders to retain approximately 2.75% of the
post-reorganization equity and receive warrants to purchase
approximately 10% of the equity of the Company.  The Creditors'
counterproposal included an extension of the maturities of the RCF
and the SSCF to 2023 and 2024, respectively, but did not include
any equitization of the obligations under the SSCF.

In response to the Creditors' proposal, the Company made a
counterproposal to the Creditors in which the Company, among other
things, agreed to forego equitization of the SSCF obligations on
the condition that the Company raise $200 million in equity through
two separate rights offerings for $100 million each.  The first
rights offering would be made to current equity-holders and fully
backstopped by the Company's controlling shareholder at an agreed
fixed price, while the second rights offering would be made to
equitizing creditors with the option to provide a backstop
commitment at the same agreed fixed price.  In the event equitizing
creditors did not wish to backstop the rights offering to
creditors, the Company would raise the $100 million in equity
without a backstop at a market clearing price, with the rights
offering price to existing equity-holders adjusted downward to
match any lower subscription price achieved in the market.  The
Company's counterproposal also provided that the Company's current
equity-holders would retain approximately 10% of the
post-reorganization equity of the Company, which would include any
potential structuring fees to the Company's controlling shareholder
and be subject to dilution.  The counterproposal agreed with the
Creditors' proposal as to the amount and strike price of warrants
to be given to the Company's current equity-holders, but with a
longer tenor and change of control protections.  

The Company's counterproposal was subject to board approval by the
Company, as well as the approval of the Company's controlling
shareholder.  Neither the counterproposal nor any other proposal
discussed between the Company, the controlling shareholder and the
Creditors is legally-binding or indicative of the terms of any
Restructuring that may occur in the future.

Full-text copies of the Company's presentation provided to the
creditors and proposal Summary chart are available for free at:

                     https://is.gd/BBMfRD
                     https://is.gd/wCl4Ck

                    About Pacific Drilling

Based in Luxembourg, Pacific Drilling S.A. (NYSE: PACD) --
http://www.pacificdrilling.com-- is an international offshore
drilling contractor.  The Company's primary business is to contract
its high-specification rigs, related equipment and work crews,
primarily on a day rate basis, to drill wells for its clients.  The
Company's drillships are highly mobile and its fleet operates in a
global market segment for the offshore exploration and production
industry.  Currently, the Company's contracted drillships are
operating in the deepwater regions of the U.S. Gulf of Mexico and
Nigeria.

The Company's independent accounting firm issued a "going concern"
qualification in its report on the consolidated financial
statements for the year ended Dec. 31, 2016.  KPMG LLP, in Houston,
Texas, noted that the Company expects to be in violation of certain
of its financial covenants in the next 12 months, which raises
substantial doubt about its ability to continue as a going
concern.

Pacific Drilling reported a net loss of $37.15 million in 2016
following net income of $126.23 million in 2015.  As of June 30,
2017, Pacific Drilling had $5.60 billion in total assets, $3.17
billion in total liabilities and $2.43 billion in total
shareholders' equity.

"If the Company is unable to complete a restructuring, or refinance
or extend the maturity of the 2017 Senior Secured Notes prior to
their maturity in December 2017, the Company may be unable to repay
the Notes at maturity, which would trigger cross-default provisions
in the Company's other debt instruments," Pacific Drilling stated
in a press release dated Aug. 3, 2017.  "In addition, as previously
disclosed, the Company expects that it will be in violation of the
maximum leverage ratio covenant in its 2013 Revolving Credit
Facility and its Senior Secured Credit Facility for the fiscal
quarter ending on September 30, 2017.  If the Company is unable to
obtain waivers of such covenants or amendments to the debt
agreements, such covenant default would entitle the lenders under
such facilities to declare all outstanding amounts under such debt
agreements to be immediately due and payable.  Such acceleration
would also trigger the cross-default provisions in the Company's
other debt instruments.  The Company is evaluating various
alternatives to address its liquidity and capital structure, which
may include a private restructuring or a negotiated restructuring
of its debt under the protection of Chapter 11 of the U.S.
Bankruptcy Code."


PACKARD SQUARE: Request For OK to Obtain DIP Financing Denied
-------------------------------------------------------------
The Hon. Thomas J. Tucker of the U.S. Bankruptcy Court for the
Eastern District of Michigan has denied Packard Square LLC's
request for authorization to obtain post-petition financing.

A copy of the court order is available at:

         http://bankrupt.com/misc/mieb17-52483-143.pdf

As reported by the Troubled Company Reporter on Sept. 8, 2017, the
Debtor asked the Court for authorization to obtain senior secured
postpetition super priority financing from Ardent Financial Fund
II, L.P.  The DIP Financing would be a multiple-draw loan in the
approximate amount of $22,006,132 that will be available to borrow
in accordance with the terms and conditions identified in the
commitment letter and terms and conditions.  

                      About Packard Square

Packard Square LLC owns a 360,000-square foot mixed-use development
on a six-and-a-half acre site on Packard Street in Ann Arbor,
Michigan.  Once completed, the Company expects the project to be
worth approximately $93,500,000.

Packard Square is currently under receivership.  A receivership
case, CAN IV Packard Square LLC v. Packard Square LLC, Case No.
16-990-CB, Washtenaw County Trial Court, Honorable Archie C. Brown
presiding, was filed, and on Nov. 1, 2016, McKinley, Inc., was
appointed as receiver.

To recover control of the project, Packard Square LLC filed for
Chapter 11 bankruptcy protection (Bankr. E.D. Mich. Case No.
17-52483) on Sept. 5, 2017, estimating $50 million to $100 million
in assets and less than $50 million in liabilities.

David G. Dragich, Esq., and Amanda Vintevoghel, Esq., at The
Dragich Law Firm PLLC, serve as the Debtor's bankruptcy counsel.
Swistak & Levine, P.C., has been retained as the Debtor's special
counsel.

As of Sept. 6, 2017, no request for appointment of a Chapter 11
trustee or examiner has been made and no official committee has
been appointed.


PARETEUM CORP: Amends 10M Shares Prospectus with SEC
----------------------------------------------------
Pareteum Corporation filed with the Securities and Exchange
Commission an amended registration statement on Form S-1/A in
connection with a firm commitment offering of 10,000,000 shares of
common stock of the Company.  The Company amended the Registration
Statement to delay its effective date.  Pareteum's common stock is
quoted on The NYSE American under the symbol "TEUM".  On Oct. 13,
2017, the closing bid price of the Company's common stock on The
NYSE American was $1.20 per share.  A full-text copy of the amended
prospectus is available for free at https://is.gd/hN43WD

                    About Pareteum Corp

New York-based Pareteum Corporation (NYSEMKT: TEUM), formerly known
as Elephant Talk Communications, Inc. -- http://www.pareteum.com/
-- is an international provider of business software and services
to the telecommunications and financial services industry.

Squar Milner, LLP, in Los Angeles, California, issued a "going
concern" qualification in its report on the consolidated financial
statements for the year ended Dec. 31, 2016, citing that the
Company has suffered recurring losses from operations, has an
accumulated deficit of $287,080,234 and has negative working
capital.  This, according to the auditors, raises substantial doubt
about the Company's ability to continue as a going concern.

Pareteum incurred a net loss of $31.44 million for the year ended
Dec. 31, 2016, compared with a net loss of $5 million for the year
ended Dec. 31, 2015.  The Company's balance sheet at June 30, 2017,
showed $11.56 million in total assets, $15.45 million in total
liabilities and a total stockholders' deficit of $3.88 million.

"Based on our current expectations with respect to our revenue and
expenses, we expect that our current level of cash and cash
equivalents could be sufficient to meet our liquidity needs for the
next twelve months.  If our revenues do not grow as expected and if
we are not able to manage expenses sufficiently, including required
payments pursuant to the terms of the senior secured debt, we may
be required to obtain additional equity or debt financing.
Although we have previously been able to attract financing as
needed, such financing may not continue to be available at all, or
if available, on reasonable terms as required. Further, the terms
of such financing may be dilutive to existing shareholders or
otherwise on terms not favorable to us or existing shareholders.
If we are unable to secure additional financing, as circumstances
require, or do not succeed in meeting our sales objectives, we may
be required to change or significantly reduce our operations or
ultimately may not be able to continue our operations," as
disclosed in the Company's latest quarterly report for the period
ended June 30, 2017.


PERFUMANIA HOLDINGS: No Longer Submits Regulatory Filings to SEC
----------------------------------------------------------------
Perfumania Holdings, Inc. filed with the Securities and Exchange
Commission a Form 15-12G notifying the termination of registraion
of its common stock, par value $0.0001 per share, under Section
12(g) of the Securities Exchange Act of 1934.  As a result of the
Form 15 filing, the Company is no longer obligated to file periodic
reports with the SEC.

                    About Perfumania Holdings

Perfumania Holdings, Inc. (NASDAQ: PERF) --
http://www.perfumaniaholdings.com/-- is an independent, national,
vertically integrated wholesale distributor and specialty retailer
of perfumes and fragrances.  The Company's wholesale business
distributes designer fragrances to mass market retailers, drug, and
other chain stores, retail wholesale clubs, traditional
wholesalers, and other distributors throughout the United States.
The Company's retail business is operated through a chain of retail
stores that specialize in the sale of fragrances and related
products at discounted prices up to 75% below the manufacturers'
suggested retail prices and a Company-owned website that offers a
selection of the Company's more popular products for sale online.


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


PHOENICIAN MEDICAL: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------------
The Office of the U.S. Trustee on Oct. 17 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Phoenician Medical Center.

             About Phoenician Medical Center, Inc.

Phoenician Medical Center, Inc. is a privately held company in
Chandler, Arizona.  It owns East Valley Family Medical (EVFM) --
http://evfm.care-- a physician-based multi-specialty group
specializing in internal medicine, family medicine, physical
medicine and rehabilitation and general practice.  It serves the
Arizona East Valley communities of Mesa, Ahwatukee, Chandler,
Tempe, Gilbert, and Apache Junction.  EVFM has grown from one
single provider in 1999 to over 30 providers with more than 140,000
active primary care patients today.  

Phoenician Medical filed a Chapter 11 petition (Bankr. D. Ariz.
Case No. 17-09946) on Aug. 24, 2017.  The petition was signed by
Paramvir S. Tuli, president.

Phoenician Medical previously sought bankruptcy protection (Bankr.
D. Ariz. Case No. 12-08771) on April 12, 2012.

The Hon. Madeleine C. Wanslee presides over the 2017 case.  The
Debtor is represented by Donald W. Powell of the law firm
Carmichael & Powell, P.C., as counsel.

At the time of 2017 filing, the Debtor estimates $1 million to $10
million both in assets and liabilities.


PINPOINT WAREHOUSING: Case Summary & 20 Top Unsecured Creditors
---------------------------------------------------------------
Debtor: Pinpoint Warehousing, LLC
           fka Pinpoint Warehousing, Inc.
        3915 Shopton Road
        Charlotte, NC 28217

Type of Business: Pinpoint Warehousing -- http://goppw.com--  
                  is a privately held full-service warehousing
                  company based in Charlotte, North Carolina.
                  With over 30 years of experience, the
                  Company provides streamlined warehousing,
                  contract packaging, distribution, and order
                  fulfillment processes to a wide variety of
                  businesses across multiple industries.
                  Serving Fortune 500, mid-sized, and start up
                  companies, Pinpoint Warehousing offers total
                  warehousing packages as well as individual
                  services.

Chapter 11 Petition Date: October 17, 2017

Case No.: 17-31701

Court: United States Bankruptcy Court
       Western District of North Carolina (Charlotte)

Judge: Hon. Laura T. Beyer

Debtor's Counsel: Richard S. Wright, Esq.
                  MOON WRIGHT & HOUSTON, PLLC
                  121 W. Trade Street, Suite 1950
                  Charlotte, NC 28202
                  Tel: (704) 944-6564
                  Fax: (704) 944-0380
                  E-mail: rwright@mwhattorneys.com
                          smyers@mwhattorneys.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Harvey Gantt, president and CEO.

A full-text copy of the petition, along with a list of 20 largest
unsecured creditors, is available for free at
http://bankrupt.com/misc/ncwb17-31701.pdf


PIONEER NURSERY: U.S. Trustee Forms Five-Member Committee
---------------------------------------------------------
Tracy Hope Davis, U.S. Trustee for Region 17, on Oct. 17 appointed
five creditors to serve on the official committee of unsecured
creditors in the Chapter 11 case of Pioneer Nursery, LLC.

The committee members are:

     (1) Charles Nichols dba Sierra View Farms
         13762 First Avenue
         Hanford CA 93230

     (2) JG Boswell Company
         Attn: Joey Mendonca
         P.O. Box 9759
         Bakersfield CA 93389
  
     (3) King & Gardiner Farms
         Attn: Rob Geis
         P.O. Box 1200
         Wasco CA 93280

     (4) Kings Ranch
         Attn: Larry Bettencourt
         12718 Road 144
         Tipton CA 93272

     (5) Olam Farming
         Attn: David DeFrank
         205 E River Park Circle, Suite 310
         Fresno CA 93720

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 Pioneer Nursery LLC

Founded in 1968, Pioneer Nursery Inc. is in the retail nurseries
and garden stores industry.  It owns crops -- either planted or
harvested -- of approximately 440,000 pistacio trees worth $7 per
tree having a total retail value of $3.08 million.  The Debtor
posted gross revenue of $4.55 million in 2016 and gross revenue of
$7.78 million in 2015.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. Calif. Case No. 17-13112) on Aug. 11, 2017.
Brian Blackwell, member, signed the petition.

At the time of the filing, the Debtor disclosed $5.42 million in
assets and $245,701 in liabilities.

Judge Fredrick E. Clement presides over the case.  Fear Waddell,
P.C., represents the Debtor as bankruptcy counsel.


PJ REAL ESTATE: Taps Inkscale Realty's Brandi Hooker as Realtor
---------------------------------------------------------------
PJ Real Estate LLC seeks approval from the U.S. Bankruptcy Court
for the District of Maryland to hire a realtor.

The Debtor proposes to employ Brandi Hooker, a realtor and broker
employed with Inkscale Realty, in connection with the sale of its
real property in Bowie, Prince George's County, Maryland.

Ms. Hooker will get a commission of 6% of the sales price.

In a court filing, Ms. Hooker disclosed that she does not hold
interests adverse to any "party-in-interest."

Ms. Hooker maintains an office at:

     Brandi E. Hooker
     Inkscale Realty
     3854 Sixes Road
     Prince Frederick, MD 20678

                    About PJ Real Estate LLC

PJ Real Estate, LLC owns a parcel of commercial real estate in
Bowie, Prince George's County, Maryland.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Md. Case No. 17-18758) on June 27, 2017.  Paul
Burns, its authorized representative, signed the petition.  The
John Roberts Law Firm, PC represents the Debtor as bankruptcy
counsel.


PRODUCTION PATTERN: Taps Harris Law Practice as Co-Counsel
----------------------------------------------------------
Production Pattern and Foundry Co Inc. seeks approval from the U.S.
Bankruptcy Court for the District of Nevada to hire Harris Law
Practice LLC.

The firm will serve as co-counsel with Minden Lawyers LLC, another
firm tapped by the Debtor to be its bankruptcy counsel.

Stephen Harris, Esq., the attorney who will be providing the
services, will charge an hourly fee of $400.  The hourly rates for
paraprofessional services range from $150 to $250.

The Debtor will pay the firm an advance retainer in the sum of
$12,000.

Harris Law Practice does not represent any interest adverse to the
Debtor's estate, according to court filings.

The firm can be reached through:

     Stephen Harris, Esq.
     Harris Law Practice LLC
     6151 Lakeside Drive, Suite 2100
     Reno, NV 89511
     Phone: (775) 786-7600
     Email: steve@harrislawreno.com

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


PRODUCTION PATTERN: Taps Minden Lawyers as Legal Counsel
--------------------------------------------------------
Production Pattern and Foundry Co Inc. seeks approval from the U.S.
Bankruptcy Court for the District of Nevada to hire Minden Lawyers,
LLC as its legal counsel.

The firm will assist the Debtor in the preparation of a plan of
reorganization and will provide other legal services related to its
Chapter 11 case.

Chris Nichols, Esq., the attorney who will be handling the case,
will charge an hourly fee of $400.  The hourly rates for
paraprofessional services range from $150 to $200.

Minden Lawyers received an advance retainer from the Debtor in the
sum of $16,717.

The firm does not represent any interest adverse to the Debtor's
estate, according to court filings.

Minden Lawyers can be reached through:

     Chris D. Nichols, Esq.
     Minden Lawyers, LLC
     P.O. Box 2860
     990 Ironwood Drive, Suite 300
     Minden, NV 89423
     Tel: (775) 782 7171
     Fax: (775) 782-3081
     Email: nichols@mindenlawyers.com
     Email: pam@mindenlawyers.com

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


R & A PROPERTIES: Taps NAI Optimum as Real Estate Broker
--------------------------------------------------------
R & A Properties, Inc. seeks approval from the U.S. Bankruptcy
Court for the Southern District of Iowa to hire NAI Optimum as real
estate broker.

The Debtor believes it is in the interest of the estate to sell the
Property, Lots 2 and 3 Corells Acres Plat 2 and locally known as
1711 Euclid Avenue, Des Moines, IA 50313, so that the proceeds can
be used by Debtor to fund the Chapter 11 plan of liquidation.

Mr. N. Kurt Mumm, CCM and the other professionals at NAI will
render services to the Debtor consisting of marketing the Property
through MAI's website, multiple listing services, and other media
outlets, providing access to the Property to prospective
purchasers, providing information regarding the Property and it
ownership and operational history, negotiating of any offers to
purchase on behalf of the Debtor, and managing the eventual sale of
the property, at the standard commission rate of 6%.

Mr. N. Kurt Mumm, CCM assures the Court that the firm does not have
any interest adverse to the Debtor or the bankruptcy estate, and is
disinterested, as such terms are used in the Bankruptcy Code Secs.
327(a) and 101(14).

The Broker can be reached through:

     N. Kurt Mumm, CCM
     NAI OPTIMUM
     3737 Woodland Avenue, Suite 100
     West Des Moines IA 50266
     Phone: 515-309-4002
     Fax: 515-309-4040

                   About R & A Properties In

Based in Urbandale, Iowa, R & A Properties Inc. listed its business
as a single-asset real estate.  The Company has a fee simple
interest in certain properties in Des Moines.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Iowa Case No. 17-01000) on May 22, 2017. Robert
J. Colosimo, its treasurer and director, signed the petition.

At the time of the filing, the Debtor disclosed $192,307 in assets
and $2.54 million in liabilities.


R.C.A. RUBBER: Taps Valbridge Property as Appraiser
---------------------------------------------------
The R.C.A. Rubber Company seeks approval from the U.S. Bankruptcy
Court for the Northern District of Ohio to hire an appraiser.

The Debtor proposes to employ Valbridge Property Advisors to
evaluate its real property and pay the firm $2,000, plus
reimbursement of work-related expenses.

Gary Barker, senior managing director of Valbridge, disclosed in a
court filing that his firm has no connection with the Debtor or any
of its creditors.

Valbridge can be reached through:

     Gary L. Barker
     Valbridge Property Advisors
     1422 Euclid Avenue, Suite 1070
     Cleveland, OH 44115
     Phone: (216) 367-9690

                About The R.C.A. Rubber Company

The R.C.A. Rubber Company filed a Chapter 11 bankruptcy petition
(Bankr. N.D. Ohio Case No. 16-52757) on November 18, 2016.  The
petition was signed by Shane R. Price, vice president.  The Debtor
operates a commercial rubber manufacturing company specializing in
commercial flooring primarily used in the transit/transportation
industry.

The Debtor disclosed total assets of $2.17 million and total
liabilities of $1.57 million.

Judge Alan M. Koschik presides over the case.  Michael A. Steel,
Esq. of Brennan, Manna & Diamond, LLC represents the Debtor as
counsel.  The Debtor hired Kevin Lyden, Esq., as its special
counsel and Weidrick Livesay & Co., CPA as its accountant.

On August 16, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.


REAL ESTATE BOOK: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------------
The Office of the U.S. Trustee on Oct. 13 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Real Estate Book, Inc.

                  About Real Estate Book Inc.

Real Estate Book, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Pa. Case No. 17-22948) on July 20,
2017.  On September 21, 2017, the case was transferred to another
division pursuant to a court order and was assigned a new case
number (Bankr. W.D. Pa. Case No. 17-70704).   

Judge Jeffery A. Deller presides over the case.


RENT-A-WRECK: Exclusive Plan Filing Period Extended Thru Feb. 19
----------------------------------------------------------------
The Hon. Laurie Selber Silverstein of the U.S. Bankruptcy Court for
the District of Delaware, at the behest of Rent-A-Wreck of America,
Inc. and its affiliates, extended the exclusive periods within
which the Debtors may file a Chapter 11 plan and solicit
acceptances of the plan, through and including February 19 and
April 20, 2018, respectively.

As reported by the Troubled Company Reporter on October 2, 2017,
the Debtors asked the Court for a 90-day extension of their
exclusive periods to file and solicit acceptances of a Chapter 11
plan, asserting that they needed additional time to:

     (a) continue to evaluate the Debtors' overall assets and
restructuring plan;

     (b) evaluate the universe of claims asserted against the
Debtors, which will not be known until the recently established
general bar date expires on November 21, 2017;

     (c) assemble the adequate information, including financial
analyses and projections, necessary to prepare a disclosure
statement in connection with a confirmable plan of reorganization;
and

     (d) respond to discovery requests propounded by franchisee
David Schwartz, individually, and Rent A Wreck, Inc., doing
business as Rent A Wreck and/or Bundy Auto Sales, as well as
addressing these matters raised by Mr. Schwartz:
        
            (i) Motion for 2004 Exam to Debtors Rent-A-Wreck of
America and Bundy American;

           (ii) Motion to Dismiss the Debtors' Bankruptcy Action,
or, Alternatively, to Transfer Venue; and

          (iii) Response in Opposition to Debtors' Motion to Reject
Certain Executory Contracts.

In keeping with the discussion in Court on September 25, 2017, the
Parties have submitted, or will soon submit, an agreed order
setting various deadlines in connection with the Schwartz Filings
and scheduling an evidentiary hearing for the first week of
December 2017.

                About Rent-A-Wreck of America, Inc.

Rent-A-Wreck -- http://www.rentawreck.com/-- is a car rental
company headquartered in Laurel, Maryland.  Founded in 1968 and
franchising since 1973, the Company offers for rent economy cars,
full size luxury sedans, pickup trucks, box trucks, mini-vans,
cargo vans, 15-passenger vans, SUVs, and station wagons. It has
locations across the United States and internationally in Norway,
Sweden and Denmark.

Rent-A-Wreck of America, Inc. (Bankr. D. Del. Case No. 17-11592)
and affiliate Bundy American, LLC (Bankr. D. Del. Case No.
17-11593) filed for Chapter 11 bankruptcy protection on July 24,
2017, each estimating their assets and liabilities at between $1
million and $10 million.  The petitions were signed by James
William Cash, the Debtors' president.

Quarles & Brady LLP is the Debtors' counsel.  Aaron S. Applebaum,
Esq., at Saul Ewing LLP, serves as the Debtors' co-counsel.

The U.S. Trustee on August 9 disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Rent-A-Wreck of America, Inc.


ROCKY MOUNTAIN: Receives $250,000 Financing From GHS Investments
----------------------------------------------------------------
Rocky Mountain High Brands, Inc., said in a Form 8-K report filed
with the Securities and Exchange Commission that on Oct. 12, 2017,
it received new debt financing from GHS Investments, LLC under a
Secured Promissory Note in the amount of $250,000.  The GHS Note is
due nine months from the date of issue, bears interest at an annual
rate of 10 percent, and is secured by all of the Company's assets.
In the event of the Company's default, the GHS Note will bear
interest at an annual rate of 20%.  At the earlier of: (i) 180 days
from issue, or (ii) the effectiveness of a registration statement
registering re-sale of the common stock issuable upon conversion,
the GHS Exchange Note will be convertible to the Company's common
stock.  In the event that a registration statement registering
re-sale of the common stock issuable upon conversion of the GHS
Note is declared effective within 180 days from issue, the GHS Note
will be convertible to the Company's common stock at a 20% discount
from of the lowest trading price for our common stock during the 10
trading days immediately preceding a conversion date.  In the
absence of a registration statement registering re-sale of the
common stock issuable upon conversion of the GHS Note being
declared effective within 180 days from issue, the GHS Note will be
convertible to the Company's common stock at a 30% discount from of
the lowest trading price for the Company's common stock during the
15 trading days immediately preceding a conversion date.

Conversions are limited so that no conversion may be made to the
extent that, following a conversion, the beneficial ownership of
GHS and its affiliates would be more than 4.99% of the Company's
outstanding shares of common stock.  The conversion limitation may,
in the event of its default, be increased to 9.99% at the option of
GHS.  The GHS Note may be prepaid, with pre-payment penalties,
accordance with the following schedule: (i) if within 60 calendar
days from issue, 125% of all outstanding principal and interest
due; (ii) if after 60 calendar days and within 120 days from issue,
130% of all outstanding principal and interest due; (iii) if
between 121 and 180 days from issue, 135% of all outstanding
amounts due.

                   Equity Financing Agreement

Also on Oct. 12, 2017, the Company entered into an equity financing
agreement with GHS which provides for GHS's purchase of up to
$12,000,000 worth of the Company's common stock.  Under the EFA,
GHS has agreed to purchase up to $12,000,000 worth of our common
stock over the next 24 months.  Sales of common stock to GHS under
EFA will be initiated from time to time by its issuance of
individual Put Notices to GHS.  The price of shares put to GHS
under each Put Notice will be 80% percent of the "Market Price,"
which is the lowest traded price of the Company's common stock
during the 10 consecutive trading days preceding the date of the
Put Notice.  However, in the event that (i) the lowest
volume-weighted average price of the Company's common stock for any
given trading day during the 10 trading days following a Put Notice
is less than 80% of the Market Price used to determine the Purchase
Price in connection with the Put and (ii) as of the end of such
Trading Period, GHS still holds shares issued pursuant to such Put
Notice, then the Company will be required to will issue such
additional shares of common stock, on the trading day immediately
following the Trading Period, as may be necessary to adjust the
Purchase Price for that portion of the Put represented by the
Trading Period Shares to equal the lowest VWAP during the Trading
Period.

The amount and timing of each Put Notice will be subject to certain
limitations: (i) a new Put Notice may not be issued until the prior
put has closed, (ii) there must be a minimum of ten (10) days
between each Put Notice, (iii) no Put Notice will be effective to
the extent that, following the closing of the put, GHS and its
affiliates would own more than 9.99% of our common stock; (iv) the
maximum dollar amount of each put will not exceed two times the
average of the daily trading dollar volume for our common stock
during the 10 trading days preceding the put date; and (v) no put
will be made in an amount greater than $400,000.

The Company's ability to use the EFA facility is conditioned upon,
among other things, the effectiveness of a registration statement
registering the resale by GHS of: (i) the shares of common stock
issuable under the EFA, and (ii) the shares of common stock
issuable upon conversion of the GHS Note.  The Company's
obligations in this regard are governed by a Registration Rights
Agreement with GHS dated Oct. 12, 2017.  The RRA requires us to
file a Registration Statement for GHS's resale of the Registrable
Securities with 30 days, and to use our best efforts to secure
effectiveness of the Registration Statement with 90 days after
filing.  Once the Registration Statement is effective, the Company
is required to maintain its effectiveness, by appropriate
amendments and/or prospectus supplements, until the earlier to
occur of the following: (A) GHS has sold all the Registrable
Securities; or (B) GHS has no right to acquire any additional
shares of common stock under the EFA or the New GHS Note.

The EFA also provides for an additional $250,000 in funding from
GHS to be made under a second convertible promissory note, which
will be funded upon the filing of the registration statement called
for by the RRA.

                     About Rocky Mountain

Dallas, Texas-based Rocky Mountain High Brands, Inc. (OTCMKTS:RMHB)
is a consumer goods brand development company specializing in
developing, manufacturing, marketing, and distributing hemp-infused
food and beverage products and spring water.  The Company currently
markets a lineup of five hemp-infused beverages.  RMHB is also
researching the development of a lineup of products containing
Cannabidiol (CBD).  The Company's intention is to be on the cutting
edge of the use of CBD in consumer products while complying with
all state and federal laws and regulations.

Rocky Mountain reported a net loss of $9.27 million on $401,974 of
sales for the year ended June 30, 2017, following net income of
$2.32 million on $1.07 million of sales for the year ended June 30,
2016.  As of June 30, 2017, Rocky Mountain had $1.27 million in
total assets, $8.58 million in total liabilities, all current, and
a total shareholders' deficit of $7.30 million.

Paritz & Company, P.A., in Hackensack, New Jersey, issued a "going
concern" qualification in its report on the consolidated financial
statements for the year ended June 30, 2017, noting that the
Company has a shareholders' deficit of $7,304,278, an accumulated
deficit of $26,154,633 at June 30, 2017, and has generated
operating losses since inception.  These factors, among others,
raise substantial doubt about the ability of the Company to
continue as a going concern.


ROSETTA GENOMICS: Has Resale Prospectus of 2.2M Ordinary Shares
---------------------------------------------------------------
Rosetta Genomics Ltd. filed a Form F-1 registration statement with
the Securities and Exchange Commission relating to the resale, from
time to time, by Sabby Volatility Warrant Master Fund, Ltd., Sabby
Healthcare Master Fund, Ltd., Noam Rubinstein, et al., of up to
2,173,912 of the Company's ordinary shares issuable upon conversion
of convertible debentures and up to 2,315,216 of the Rosetta's
ordinary shares issuable upon exercise of warrants issued to the
selling stockholders in connection with a private placement under a
Securities Purchase Agreement entered into on Sept. 28, 2017.

The Company's ordinary shares are currently listed on the NASDAQ
Capital Market under the symbol "ROSG."  On Oct. 13, 2017, the last
reported sale price of the Company's ordinary shares was $1.05 per
share.

The Company will not receive any proceeds from the sale of any
ordinary shares by the selling stockholders.  

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

                      https://is.gd/I8p1bf

                     About Rosetta Genomics

Based in Rehovot, Israel, Rosetta Genomics Ltd. is seeking to
develop and commercialize new diagnostic tests based on a recently
discovered group of genes known as microRNAs.  MicroRNAs are
naturally expressed, or produced, using instructions encoded in DNA
and are believed to play an important role in normal function and
in various pathologies.  The Company has established a
CLIA-certified laboratory in Philadelphia, which enables the
Company to develop, validate and commercialize its own diagnostic
tests applying its microRNA technology.

Rosetta Genomics reported a net loss of US$16.23 million on US$9.23
million of total revenues for the year ended Dec. 31, 2016,
compared to a net loss of US$17.34 million on US$8.26 million of
total revenues for the year ended Dec. 31, 2015.  As of Dec. 31,
2016, Rosetta had US$11.96 million in total assets,
US$7.54 million in total liabilities and $4.41 million in total
shareholders' equity.

As of June 30, 2017, Rosetta had US$6.20 million in total assets,
US$5.11 million in total liabilities and US$1.09 million in total
shareholders' equity.

Kost Forer Gabby & Kasierer, a member of Ernst & Young Global, in
Tel-Aviv, Israel, issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2016,
citing that the Company has recurring losses from operations and
has limited liquidity resources that raise substantial doubt about
its ability to continue as a going concern.


ROYAL FLUSH: Full Payment for Unsecureds with No Interest in 7 Yrs.
-------------------------------------------------------------------
Royal Flush, Inc., filed with the U.S. Bankruptcy Court for the
Western District of Pennsylvania a third amended disclosure
statement to accompany its third amended plan dated Oct. 10, 2017.

The latest plan provides that holders of Allowed General Unsecured
Claims in Class 8 will be paid the full amount of their claim,
without interest, over seven years. The Plan breaks this class into
two subclasses. Small Claims less than $2,500 and claims that
exceed $2,500. Holders of Allowed Small Claims will be paid in full
in 12 monthly installments with the first payment due on the
Effective Date and then every month thereafter for the next 11
months beginning on the 15th day of the month immediately following
the month in which the Effective Date occurs.

On an April 21 report by the Troubled Company Reporter, under the
Debtor's plan, Class 10 general unsecured creditors with claims in
excess of $2,500 would be paid in full over seven years without
interest. Holders of small claims of less than $2,500 would be paid
over 12 months following the effective date of the plan.  

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

     http://bankrupt.com/misc/pawb16-23458-298.pdf

                     About Royal Flush

Headquartered in Spring Church, Pennsylvania, Royal Flush, Inc.,
filed for Chapter 11 bankruptcy protection (Bankr. W.D. Pa. Case
No. 16-23458) on Sept. 15, 2016, estimating its assets and
liabilities at between $1 million and $10 million each.  The
petition was signed by Carol A. Swank, secretary/treasurer.

Judge Jeffery A. Deller presides over the case.  Donald R.
Calaiaro, Esq., at Calaiaro Valencik serves as the Debtor's
bankruptcy counsel.  The Debtor hired C&H Accounting, LLC as  its
accountant.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on Oct. 20, 2016,
appointed five creditors of Royal Flush, Inc., to serve on the
official committee of unsecured creditors.  The committee is
represented by Leech Tishman Fuscaldo & Lampl, LLC.


RUBY TUESDAY: Incurs $9.84 Million Net Loss in First Quarter
------------------------------------------------------------
Ruby Tuesday, Inc. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q reporting a net loss
of $9.84 million on $217.30 million of total revenue for the 13
weeks ended Sept. 5, 2017, compared to a net loss of $39.69 million
on $256.65 million of total revenue for the 13 weeks ended Aug. 30,
2016.

The decrease in revenue was due to a net reduction of seven
Company-owned restaurants as compared to the end of the first
quarter of the prior fiscal year and a same-restaurant sales
decline of 5.8% at Company-owned restaurants.  Year-over-year guest
counts fell 9.4% while average check amount rose 3.6%.  The
reduction in guest counts reflects ongoing weakness within the
casual dining industry, a preponderance of competitive discounting,
and the Company's decision to run one fewer promotional window and
reduce coupon placement.  The increase in average check was due to
the expanded Garden Bar, coupled with menu pricing and less
aggressive discounting.

Restaurant level margin held steady at $35.5 million compared to
$35.6 million in the first quarter of the prior fiscal year.  As a
percentage of restaurant sales and operating revenue, restaurant
level margin increased 250 basis points to 16.4% from 13.9%.  The
increase in margin rate was primarily driven by improvement in cost
of goods sold and other restaurant operating costs.

General and administrative expenses decreased to $13.9 million from
$16.1 million in the first quarter of the prior fiscal year. As a
percentage of total revenue, G&A expenses increased 10 basis points
to 6.4% from 6.3%.  The increase in G&A margin rate was due to the
deleveraging of on negative same restaurant sales.

As of Sept. 5, 2017, Ruby Tuesday had $701.02 million in total
assets, $403.12 million in total liabilities and $297.89 million in
total shareholders' equity.

As part of the Asset Rationalization Plan, Ruby Tuesday is in the
process of selling 14 properties with expected net proceeds of
$19.4 million or approximately $1.4 million per location.  As of
Sept. 5, 2017, the Company completed sales for 20 properties that
closed as a result of the Asset Rationalization Plan and received
$28.8 million in net proceeds, including $8.7 million of proceeds
related to the sale of seven properties during the first quarter at
an average per unit of $1.2 million.  The Company has also settled
37 of the 61 leased properties closed as a result of the Asset
Rationalization Plan for approximately $8.6 million.

The Company ended the fiscal 2018 first quarter with cash and cash
equivalents totaling $48.1 million and debt of $213.6 million.

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

                      https://is.gd/5P6I18

                      About Ruby Tuesday

Ruby Tuesday, Inc. (NYSE:RT) -- http://www.rubytuesday.com/-- owns
and franchises Ruby Tuesday brand restaurants.  As of Sept. 5,
2017, there were 599 Ruby Tuesday restaurants in 41 states, 14
foreign countries, and Guam.  Of those restaurants, the Company
owned and operated 541 Ruby Tuesday restaurants and franchised 58
Ruby Tuesday restaurants, comprised of 17 domestic and 41
international restaurants.  The Company's Company-owned and
operated restaurants are concentrated primarily in the Southeast,
Northeast, Mid-Atlantic, and Midwest of the United States, which
the Company considers to be its core markets.

Ruby Tuesday reported a net loss of $106.1 million on $951.97
million of total revenue for the year ended June 6, 2017, compared
to a net loss of $50.68 million on $1.09 billion of total revenue
for the year ended May 31, 2016.  As of Sept. 5, 2017, Ruby Tuesday
had $701.02 million in total assets, $403.12 million in total
liabilities and $297.9 million in total shareholders' equity.

                         *     *     *

In April 2017, S&P Global Ratings lowered its corporate credit
rating on Ruby Tuesday Inc. to 'CCC+' from 'B-'.  The outlook is
negative.  "The downgrade reflects our view of uncertainty
regarding the company's ability to meaningfully improve earnings
growth that can support what we currently see as an unsustainable
capital structure.  While liquidity is also tightening, we do not
currently envision a specific default scenario in the next 12
months, as the company does not face any significant debt
maturities within the next year," said credit analyst Mathew
Christy.


RUBY TUESDAY: Will be Acquired By NRD Capital for $2.40 Per Share
-----------------------------------------------------------------
Ruby Tuesday, Inc., signed an agreement to be acquired by a fund
managed by NRD Capital, an Atlanta-based private equity firm that
specializes in franchised and multi-location business investments.

Under the terms of the agreement, NRD will acquire all of Ruby
Tuesday's common stock for $2.40 per share in cash and will assume
or retire all debt obligations for a total enterprise value of
approximately $335 million, excluding transaction expense.  The
purchase price represents a premium of approximately 37% over Ruby
Tuesday's closing share price on March 13, 2017, the day before the
Company announced its intention to explore strategic alternatives,
and a premium of approximately 21% over Ruby Tuesday's closing
share price on Oct. 13, 2017.

"The Board of Directors and our advisors have thoroughly evaluated
all options available to the Company and are confident that this
agreement will provide the most promising opportunity to realize
the highest value for our stockholders while providing the best
path forward for the Ruby Tuesday brand, its employees,
franchisees, and loyal customers," said Stephen Sadove,
Non-executive Chairman of Ruby Tuesday.  "NRD Capital has a
distinguished track record of achieving and maintaining profitable
growth for restaurant concepts and will be an excellent partner to
lead Ruby Tuesday going forward."

The transaction has been unanimously approved by Ruby Tuesday's
Board of Directors and NRD and is subject to shareholder approval
and other customary closing conditions.  The acquisition is
expected to be completed during the first calendar quarter of 2018.
UBS Investment Bank is serving as financial advisor to Ruby
Tuesday and provided a fairness opinion to the Ruby Tuesday Board
of Directors.

"Our focus at NRD is investing in quality restaurant companies and
providing strategic and operational expertise to create sustainable
value.  With a well-established brand, differentiated from other
casual dining restaurants by its Garden Bar, we see significant
opportunities to drive value for Ruby Tuesday," said Aziz Hashim,
founder of NRD.  "We are excited to be part of the Company's next
chapter.  As a private company, we will be able to take a long-term
view on Ruby Tuesday, allowing us to make an investments in people,
product, and customer experience, without public company
constraints.  This approach will enable us to reward everyone
involved in our success, in addition to our investors."

Davis Polk is serving as legal advisor to Ruby Tuesday.  Cheng
Cohen is serving as legal advisor to NRD and Arlington Capital
Advisors is serving as financial advisor to NRD.

A full-text copy of the Agreement and Plan of Merger is available
for free at https://is.gd/vcyDbQ

                      About Ruby Tuesday

Ruby Tuesday, Inc. (NYSE:RT) -- http://www.rubytuesday.com/-- owns
and franchises Ruby Tuesday brand restaurants.  As of Sept. 5,
2017, there were 599 Ruby Tuesday restaurants in 41 states, 14
foreign countries, and Guam.  Of those restaurants, the Company
owned and operated 541 Ruby Tuesday restaurants and franchised 58
Ruby Tuesday restaurants, comprised of 17 domestic and 41
international restaurants.  The Company's Company-owned and
operated restaurants are concentrated primarily in the Southeast,
Northeast, Mid-Atlantic, and Midwest of the United States, which
the Company considers to be its core markets.

Ruby Tuesday reported a net loss of $106.14 million on $951.97
million of total revenue for the year ended June 6, 2017, compared
to a net loss of $50.68 million on $1.09 billion of total revenue
for the year ended May 31, 2016.  As of Sept. 5, 2017, Ruby Tuesday
had $701.02 million in total assets, $403.12 million in total
liabilities and $297.89 million in total shareholders' equity.

                         *     *     *

In April 2017, S&P Global Ratings lowered its corporate credit
rating on Ruby Tuesday Inc. to 'CCC+' from 'B-'.  The outlook is
negative.  "The downgrade reflects our view of uncertainty
regarding the company's ability to meaningfully improve earnings
growth that can support what we currently see as an unsustainable
capital structure.  While liquidity is also tightening, we do not
currently envision a specific default scenario in the next 12
months, as the company does not face any significant debt
maturities within the next year," said credit analyst Mathew
Christy.


SAN LUIS REGIONAL: S&P Cuts Sr. Lien Revenue Bond Rating to 'D'
---------------------------------------------------------------
S&P Global Ratings lowered its rating to 'D' from 'BB-' on the San
Luis Facility Development Corporation, Ariz.'s senior lien taxable
refunding revenue bonds, issued for the San Luis Regional Detention
Center.  

"The downgrade to a default status reflects our view of the
corporation's decision to modify the bond security provisions,
which alter the flow of funds and subordinate principal payment
set-asides through December 2018," said S&P Global Ratings credit
analyst Jenny Poree. "The new terms materially degrade bondholders'
position within the waterfall and, in our opinion, provide
investors with less value compared to the original terms of the
bond. Overall, we regard the restructuring of the flow of funds and
failing to set-aside principal payments as a distressed exchange
offer, which is tantamount to a default  per our criteria," Ms.
Poree added.

While the issuer has honored interest and principal payments to
date, it has failed to make principal set-asides since April 2017.

S&P said, "We expect to raise the rating on San Luis Facility
Development Corporation's bonds in the near future to reflect the
revised flow of funds under the forbearance agreement and the bonds
overall facility credit fundamentals. We believe the corporation's
contract provisions and cash flow are weak and the near term
non-payment risk is significant without favorable business
conditions."


SCHANTZ MFG: Taps Carmody MacDonald as Legal Counsel
----------------------------------------------------
Schantz Mfg., Inc. seeks approval from the U.S. Bankruptcy Court
for the Southern District of Illinois to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to employ Carmody MacDonald P.C. to, among
other things, give legal advice regarding its duties under the
Bankruptcy Code; negotiate with creditors; assist in the
investigation of its financial condition; and give advice regarding
any potential sale of its assets.

The firm's hourly rates range from $295 to $385 for partners and
from $240 to $265 for associates.  Paralegals and law clerks charge
$125 per hour.

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

The firm can be reached through:

     Spencer P. Desai, Esq.
     120 S. Central Avenue, Suite 1800
     St. Louis, MO 63105
     Tel: (314) 854-8600
     Fax: (314) 854-8660
     Email: spd@carmodymacdonald.com

                      About Schantz Mfg. and
                         Schantz Holdings

Schantz Mfg -- http://www.schantzmfg.com/-- is a privately held
company in Highland, Illinois that is engaged in the manufacturing
of customized trailers.  Schantz designs its trailers in a computer
3-D environment.  Some of the ergonomic features of the trailers
include retractable wheels, high capacity air conditioning and
roof-mounted ice makers. Schantz was founded by Socrates Schantz 60
years ago.

Schantz Mfg., Inc., and its parent, Schantz Holdings, Inc., filed
Chapter 11 petitions (Bankr. S.D. Ill. Case Nos. 17-31471 and
17-31472) on Sept. 27, 2017.  The petitions were signed by Mike
Schantz, president of Schantz Mfg., Inc.

At the time of filing, Schantz Mfg. estimated less than $50,000 in
assets and $1 million to $10 million in debt, while Schantz
Holdings estimated less than $1 million in assets and $1 million to
$10 million in debt.

The cases are assigned to Judge Laura K. Grandy.


SCI DIRECT: Has Final OK to Obtain $250K Financing, Use Cash
------------------------------------------------------------
The Hon. Russ Kendig of the U.S. Bankruptcy Court for the Northern
District of Ohio inked his approval on a Stipulation and Final
Order authorizing SCI Direct, LLC, and its debtor-affiliates to use
cash collateral on a final basis.

The Debtors are authorized and directed to pay all interest, fees
and other amounts that may be required or necessary for the
Debtors' performance under the terms of the Final Order or the DIP
Agreement.

The Debtors acknowledge that, prior to the commencement of their
Chapter 11 cases, Nancy Suarez, an insider and Benjamin D. Suarez's
wife, made loans and advances to the Debtors, pursuant to the terms
certain loan agreements and promissory notes, and that Mrs. Suarez
holds prepetition claims in excess of $20,496,359.

Mrs. Suarez has agreed to provide post-petition financing to the
Debtors in exchange for superpriority administrative expense claims
and consents to the Debtors' use of cash collateral.

Accordingly, the Debtors are also authorized to obtain the DIP
Financing from Mrs. Suarez in an aggregate amount up to $250,000 on
a final basis under the terms of the DIP Agreement, with an
interest rate equal to 5% per annum, which will be due and payable
in full on the earlier of:

     (a) the date upon which a Plan of the Debtors is consummated,


     (b) the date a sale of the Debtors' assets closes;

     (c) the occurrence of an event of default under the DIP
Agreement, and failure to timely cure the same or

     (iv) the effective date of termination of the obligations.

Mrs. Suarez is granted an allowed superpriority administrative
expense claim, having priority in right of payment over any and all
other obligations, liabilities and indebtedness of the Debtors,
which is limited to an amount equal to the aggregate amount of
borrowings of the Debtors.

Mrs. Suarez is also granted valid and perfected senior and first
priority priming security interests in and liens on all property
and interests in the pre-petition and post-petition property of the
Debtors, including all proceeds thereof or other interests to
secure any and all obligations under the DIP Agreement.

The superpriority claims and DIP Liens, however, will be subject
and subordinate to a carve-out consisting of:

     (a) up to $80,000 for Anthony J. DeGirolamo, counsel to the
Debtors, plus up to $20,000 in the aggregate as a backstop
carve-out to the extent such fees cannot be paid through
unencumbered collateral;

     (b) up to $50,000 for the Phillips Organization, financial
advisor of the Debtors, plus up to $40,000 in the aggregate as a
Backstop Carve-Out;

     (c) up to $65,000 in the aggregate for the allowed fees and
expenses of counsel and any other professionals of the Committee
plus up to $30,000 in the aggregate as a Backstop Carve-Out; and

     (d) for payment of the U.S. Trustee's fees under 28 U.S.C.
Section 1930 notwithstanding the amounts set forth in the budget.

A full-text copy of the Stipulation and Final Order, dated October
12, 2017, is available at https://is.gd/2LU3oS

Nancy Suarez is represented by:

           Marc B. Merklin, Esq.
           Bridget A. Franklin, Esq.
           Brouse McDowell
           388 S. Main St., Ste. 500
           Akron, Ohio 44311
           Telephone: (330) 535-5711
           Facsimile: (330) 253-8601
           E-mail: mmerklin@brouse.com

The Committee is represented by:

           Scott N. Opincar, Esq.
           Maria G. Carr, Esq.
           McDonald Hopkins LLC
           600 Superior Ave., E., Ste. 2100
           Cleveland, Ohio 44114
           Telephone: (216) 348-5753
           Facsimile: (216) 348-5474
           E-mail: sopincar@mcdonaldhopkins.com
                  mcarr@mcdonaldhopkins.com

The Office of the U.S. Trustee can be reached through:

           Scott R. Belhorn, Esq.
           U.S. Department of Justice
           Office of the United States Trustee
           Howard Metzenbaum Courthouse
           201 Superior Avenue E, Suite 441
           Cleveland, Ohio 44114
           Telephone: 216-522-7800 ext. 250
           Facsimile: 216-522-7193
           Email: scott.r.belhorn@usdoj.gov

                    About Suarez Corporation

Suarez Corporation Industries -- http://www.suarez.com/-- is a
direct marketing company currently offering hundreds of diversified
products around the world.  From heaters, food services, jewelry,
body and skin care, collectible coins, and health products, SCI
continues to lead the way through product innovation and
multi-channel marketing.  The Company offers services through mail,
phone and internet, television, newspaper, and magazines.  The
company started in business in 1968 when Benjamin Suarez started a
small business from his home which eventually became Suarez
Corporation Industries.

Suarez Corporation Industries is an operating entity involved in
direct marketing products to consumers, and Retail Partner
Enterprises, LLC, markets the same products on a wholesale basis to
retail stores.  SCI Direct, LLC, holds certain patents, trademarks,
and other intellectual property used by Suarez Corporation
Industries, and Retail Partner Enterprises, LLC.  The entities are
owned by Suarez Enterprises Holding Company.

Each of SCI Direct LLC, Suarez Corporation Industries, and two
affiliates filed separate voluntary petitions for relief under
Chapter 11 of the United States Bankruptcy Code (Bankr. N.D. Ohio
Case Nos. 17-61735 to 17-61738) on Aug. 7, 2017.  The cases are
jointly administered before the Honorable Russ Kendig under SCI
Direct's Case No. 17-61735.

Anthony J. DeGirolamo serves as the Debtors' bankruptcy counsel.
The Phillips Organization is the Debtors' accountant.  Craig T.
Conley, Esq., is special counsel. Kurtzman Carson Consultants LLC
is the claims and noticing agent.

Daniel M. McDermott, U.S. Trustee Region 9, has appointed five
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 cases of SCI Direct, LLC, and its debtor
affiliates. The Committee tapped McDonald Hopkins LLC to represent
them as bankruptcy counsel.


SEARS HOLDINGS: Bruce Berkowitz Quits as Director
-------------------------------------------------
Bruce R. Berkowitz, a director of Sears Holdings Corporation,
notified the Company of his decision to step down from the Board of
Directors of the Company, effective Oct. 31, 2017.  The Company
said Mr. Berkowitz's decision was not the result of any
disagreement with the Company on matters related to the Company's
operations, policies or practices.

                      About Sears Holdings

Sears Holdings Corporation (NASDAQ: SHLD) --
http://www.searsholdings.com/-- is an integrated retailer focused
on seamlessly connecting the digital and physical shopping
experiences to serve members.  Sears Holdings is home to Shop Your
Waytm, a social shopping platform offering members rewards for
shopping at Sears and Kmart as well as with other retail partners
across categories important to them.

The Company operates through its subsidiaries, including Sears,
Roebuck and Co. and Kmart Corporation, with more than 2,000
full-line and specialty retail stores in the United States and
Canada.

Kmart Corporation and 37 of its U.S. subsidiaries filed voluntary
Chapter 11 petitions (Bankr. N.D. Ill. Lead Case No. 02-02474) on
Jan. 22, 2002.  Kmart emerged from chapter 11 protection on May 6,
2003, pursuant to the terms of an Amended Joint Plan of
Reorganization.  Skadden, Arps, Slate, Meagher & Flom, LLP,
represented Kmart in its restructuring efforts.  Its balance sheet
showed $16,287,000,000 in assets and $10,348,000,000 in debts when
it sought chapter 11 protection.

Kmart bought Sears, Roebuck & Co., for $11 billion to create the
third-largest U.S. retailer, behind Wal-Mart and Target, and
generate $55 billion in annual revenues.  Kmart completed its
merger with Sears on March 24, 2005.

Sears Holdings reported a net loss of $2.22 billion on $22.13
billion of revenues for the fiscal year 2016, compared to a net
loss of $1.12 billion on $25.14 billion of revenues for the fiscal
year 2015.  As of July 31, 2017, Sears Holdings had $8.35 billion
in total assets, $12 billion in total liabilities and a total
deficit of $3.65 billion.

                          *     *     *

In January 2017, Fitch Ratings affirmed the Long-term Issuer
Default Ratings (IDR) on Sears Holdings and its various subsidiary
entities (collectively, Sears) at 'CC'.

In December 2016, that S&P Global Ratings affirmed its ratings,
including the 'CCC+' corporate credit rating, on Sears Holdings
Corp.  "We revised our assessment of Sears' liquidity to less than
adequate from adequate based on the impact of continued and
meaningful cash use and constraints on contractually committed
liquidity from cash use and incremental secured funded borrowings,"
said credit analyst Robert Schulz.  "We do not incorporate any
significant prospective asset sales or execution of strategic
alternatives for legacy hardline brands into our assessment of
committed liquidity."

In January 2017, Moody's Investors Service downgraded Sears
Holdings' corporate family rating to 'Caa2' from 'Caa1'.  Moody's
said Sears' 'Caa2' rating reflects the company's sizable operating
losses - Domestic Adjusted EBITDA was a loss of $884 million in the
latest 12 month period.


SEARS HOLDINGS: Seven Directors Elected by Stockholders
-------------------------------------------------------
Sears Holdings Corporation held its annual meeting of stockholders

on May 10, 2017, at which the Company's stockholders:

   (a) elected Bruce R. Berkowitz, Paul G. DePodesta, Kunal S.
       Kamlani, William C. Kunkler, III, Edward S. Lampert, Ann N.
       Reese and Thomas J. Tisch to the Board of Directors for a
       one-year term expiring at the 2018 annual meeting of
       stockholders and until their successors are elected and
       qualified;

   (b) approved, by an advisory vote, the compensation of the
       Company's named executive officers;

   (c) approved, by an advisory vote, a yearly frequency of
       the advisory vote regarding the compensation of the
       Company's named executive officers; and

   (d) ratified the Audit Committee's appointment of Deloitte &
       Touche LLP as the Company's independent registered public
       accounting firm for fiscal year 2017.

Based on these results, the Company will continue to hold an annual
advisory vote on the compensation of the named executive officers
until the next required vote on the frequency of stockholder votes
on the compensation of executives.

                       About Sears Holdings

Sears Holdings Corporation (NASDAQ: SHLD) --
http://www.searsholdings.com/-- is an integrated retailer focused
on seamlessly connecting the digital and physical shopping
experiences to serve members.  Sears Holdings is home to Shop Your
Waytm, a social shopping platform offering members rewards for
shopping at Sears and Kmart as well as with other retail partners
across categories important to them.

The Company operates through its subsidiaries, including Sears,
Roebuck and Co. and Kmart Corporation, with more than 2,000
full-line and specialty retail stores in the United States and
Canada.

Kmart Corporation and 37 of its U.S. subsidiaries filed voluntary
Chapter 11 petitions (Bankr. N.D. Ill. Lead Case No. 02-02474) on
Jan. 22, 2002.  Kmart emerged from chapter 11 protection on May 6,
2003, pursuant to the terms of an Amended Joint Plan of
Reorganization.  Skadden, Arps, Slate, Meagher & Flom, LLP,
represented Kmart in its restructuring efforts.  Its balance sheet
showed $16,287,000,000 in assets and $10,348,000,000 in debts when
it sought chapter 11 protection.

Kmart bought Sears, Roebuck & Co., for $11 billion to create the
third-largest U.S. retailer, behind Wal-Mart and Target, and
generate $55 billion in annual revenues.  Kmart completed its
merger with Sears on March 24, 2005.

Sears Holdings reported a net loss of $2.22 billion on $22.13
billion of revenues for the fiscal year 2016, compared to a net
loss of $1.12 billion on $25.14 billion of revenues for the fiscal
year 2015.  As of July 31, 2017, Sears Holdings had $8.35 billion
in total assets, $12 billion in total liabilities and a total
deficit of $3.65 billion.

                          *     *     *

In January 2017, Fitch Ratings affirmed the Long-term Issuer
Default Ratings (IDR) on Sears Holdings and its various subsidiary
entities (collectively, Sears) at 'CC'.

In December 2016, that S&P Global Ratings affirmed its ratings,
including the 'CCC+' corporate credit rating, on Sears Holdings
Corp.  "We revised our assessment of Sears' liquidity to less than
adequate from adequate based on the impact of continued and
meaningful cash use and constraints on contractually committed
liquidity from cash use and incremental secured funded borrowings,"
said credit analyst Robert Schulz.  "We do not incorporate any
significant prospective asset sales or execution of strategic
alternatives for legacy hardline brands into our assessment of
committed liquidity."

In January 2017, Moody's Investors Service downgraded Sears
Holdings' corporate family rating to 'Caa2' from 'Caa1'.  Moody's
said Sears' 'Caa2' rating reflects the company's sizable operating
losses - Domestic Adjusted EBITDA was a loss of $884 million in the
latest 12 month period.


SERENITY HOMECARE: Affiliate Taps Keller Williams as Broker
-----------------------------------------------------------
Cupples Holdings LLC, an affiliate of Serenity Homecare LLC, seeks
approval from the U.S. Bankruptcy Court for the Western District of
Louisiana to hire a real estate broker.

Cupples Holdings proposes to employ Keller Williams Commercial
Cenla in connection with the sale of its properties in Alexandria,
Opelousas and Marksville, Louisiana.

Keller Williams will receive a commission of 6% of the gross sales
price for each of the properties if a sale occurs before February
18, 2018, which is the deadline for listing the properties; or if
such sale is consummated, 120 days after February 18 if the offer
is tendered to the Debtor in writing during the term of the
contract.

Daniel Ahrens, the real estate agent designated by Keller Williams
to provide the services, disclosed in a court filing that he is a
"disinterested person" as defined in section 101(14) of the
Bankruptcy Code.

Keller Williams can be reached through:

     Daniel Ahrens
     Keller Williams Commercial Cenla
     3600 Jackson Street, Suite 123
     Alexandria, LA  71303
     Phone: (318)619-7796

                     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.


SHREE SWAMINARAYAN: Hires Joyce W. Lindauer as Bankr. Counsel
-------------------------------------------------------------
Shree Swaminarayan Satsang Mandal, Inc., seeks approval from the
U.S. Bankruptcy Court for the Eastern District of Texas, Sherman
Division, to hire Joyce W. Lindauer Attorney, PLLC as counsel to
effectuate a reorganization, propose a Plan of Reorganization, and
effectively move forward in its bankruptcy proceeding.

Joyce W. Lindauer has been paid a $10,000 retainer, which included
the filing fee of $1,717 in connection with this proceeding.

Standard hourly rates for the Counsel are:

     Joyce W. Lindauer                     $395.00
     Sarah M. Cox, Contract Attorney       $225.00
     Jamie N. Kirk, Contract Attorney      $195.00
     Jeffery M. Veteto, Contract Attorney  $185.00
     Dian Gwinnup, Paralegal               $125.00  

Joyce W. Lindauer assures the Court that she and each member of the
Firm and contract attorney are presently disinterested persons as
defined in Section 101(14) of the Bankruptcy Code.

The Counsel can be reached through:

     Joyce W. Lindauer, Esq.
     Sarah M. Cox, Esq.
     Jamie N. Kirk, Esq.
     Jeffery M. Veteto, Esq.
     Joyce W. Lindauer Attorney, PLLC
     12720 Hillcrest Road, Suite 625
     Dallas, TX 75230
     Tel: (972) 503-4033
     Fax: (972) 503-4034

              About Shree Swaminarayan Satsang Mandal

Shree Swaminarayan Satsang Mandal filed a Chapter 11 petition
(Bankr. E.D. Tex. Case No. 17-42100) on September 26, 2017.  At the
time of filing, the Debtor estimated less than $1 million both in
assets and liabilities.  The Debtor is represented by Joyce W.
Lindauer, Esq.


SINDESMOS HELLINIKES: Wants Plan Filing Deadline Moved to Oct. 31
-----------------------------------------------------------------
Sindesmos Hellinikes-Kinotitos of Chicago and debtor affiliates ask
the U.S. Bankruptcy Court for the Northern District of Illinois to
extend the deadline to file an amended plan of reorganization and
disclosure statement to and including Oct.31, 2017, from Oct. 10,
2017.

One of the significant assets owed by the Debtor is the property
commonly known as 1085 Lake Cook Road, Deerfield, Illinois.  The
Deerfield Property was previously occupied by the Hellenic American
Academy Foundation, NP, and has been the subject-matter of most of
the litigation in this case.

On Sept. 1, 2016, the Debtor obtained Court approval for the sale
of the Deerfield Property to Gilbane Development Company for $5.4
million.  Because of various zoning and use restriction issues with
the City of Deerfield and the surrounding neighbors, Gilbane has
withdrawn its offer pursuant to certain provisions of the Purchase
Agreement approved by the Court.  However, Gilbane has indicated
that it is contemplating submitting a new "stalking horse" contract
for the sale of the Deerfield Property.  The Debtor anticipate that
it will be submitting this contract for the Court's approval,
subject to higher offers, as well as bidding instructions, within
the next two weeks.

Because the sale of the Deerfield Property is an integral part of
any plan of reorganization, the Debtor requests an extension to
file its Amended Plan and Disclosure Statement to an including Oct.
31, so that it can base its Amended Plan and financial projections
on the proceeds which the Debtor anticipates it will receive from
the sale of the Deerfield Property.

As reported by the Troubled Company Reporter on April 21, 2017, the
Debtor previously asked the Court to extend the deadline for the
Debtor to file a plan of reorganization and disclosure statement
from April 7, 2017, to and including May 12, 2017.  The Debtor
asserted that it was in settlement negotiations with
Hellenic-American Academy Foundation, NFP, with respect to certain
monetary claims which each party has asserted against the other, as
well as other outstanding disputes. Resolution of these claims
would have had a significant impact on any plan and disclosure
statement proposed by the Debtor and may, in fact, have rendered
further bankruptcy relief unnecessary. Negotiations had appeared to
have broken down, but the parties are now continuing to discuss a
possible resolution to the matter. As a result, the Debtor requests
additional time to negotiate a settlement and/or finalize a Plan
and Disclosure Statement.

                    About Holy Trinity

Sindesmos Hellinikes-Kinotitos of Chicago, aka Holy Trinity
Helennic Orthodox Church, aka Holy Trinity Orthodox Church of
Chicago, is an Illinois religious corporation which for more than
100 years has operated a Greek Orthodox Church currently located at
6041 W. Diversey Avenue, Chicago, Illinois 60639, where it conducts
its religious services and provides parish activities.  The instant
case bankruptcy case was filed because of a pending state
foreclosure proceeding filed by MB Financial Bank, NA, against the
Debtor with respect to the Chicago Property.

The Debtor sought Chapter 11 protection (Bankr. N.D. Ill. Case No.
15-22446) on June 29, 2015. Judge Timothy A. Barnes is assigned to
the case.  The Debtor estimated assets in the range of $o to
$50,000 and $100,001 to $500,000 in debt.  David R Herzog, Esq., at
Herzog & Schwartz, P.C. serves as the Debtor's counsel.

Holy Trinity is an Illinois religious corporation which for more
than 100 years has operated a Greek Orthodox Church currently
located at 6041 W. Diversey Ave., Chicago, Illinois, where it
conducts its religious services and provides parish activities.

The Chapter 11 case was filed because of a pending state
foreclosure proceeding filed by MB Financial Bank, NA ("MB")
against the Debtor with respect to the Chicago Property.

In 2004, Holy Trinity purchased property at 1085 N. Lake Cook Road,
Deerfield, Illinois, for the purpose of relocating its parochial
school known as the Socrates Greek-American Elementary School,
which was founded in 1908, to the Deerfield Property.


SKYLINE EMS: Unsecureds to Recoup 100% Through Monthly Payments
---------------------------------------------------------------
Skyline EMS, Inc., filed with the U.S. Bankruptcy Court for the
Southern District of Texas a disclosure statement to accompany its
proposed plan of reorganization.

The plan proposes to pay Class 3 general unsecured claimants 100%
via monthly payments during the life of the Debtor's Plan.

The Debtor will continue to exist, as Reorganized Debtor, after the
Effective Date as a separate entity, with all the powers available
to such legal entities, in accordance with applicable law and
pursuant to its constituent documents. On or after the Effective
Date, the Reorganized Debtor may, within its sole and exclusive
discretion, take such action as permitted by applicable law and its
constituent documents as it determines is reasonable and
appropriate.

The operation of the Reorganized Debtor's business and the
distributions to be made by the Reorganized Debtor under the Plan
will be funded from the operation of the patient transportation
services.

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

    http://bankrupt.com/misc/txsb16-70551-40.pdf

                   About Skyline EMS, Inc.

Skyline EMS, Inc., is a Texas Corporation based in Alton, Texas
which owns significant personal property, ambulances and emergency
response medical equipment, necessary to operate its emergency
patient transportation business. The Debtor is not a health care
provider.

Skyline EMS, Inc., filed a chapter 11 petition (Bankr. S.D. Tex.
Case No. 16-70551) on Dec. 24, 2016.  The petition was signed by
Maria Isabel Rodriguez, president and sole owner.  The Debtor is
represented by Antonio Martinez, Jr., Esq., at the Law Office of
Antonio Martinez, Jr., P.C.  The Debtor estimated assets and
liabilities at $0 to $50,000 at the time of the filing.


SPI ENERGY: Director Roger Dejun Ye Resigns
-------------------------------------------
Roger Dejun Ye resigned as a director of the board of director of
SPI Energy Co., Ltd. effective as of Oct. 9, 2017.

"We would like to thank Mr. Roger Ye for his dedication and
contributions to the Company and we are grateful for his support
and cooperation during his tenure as a valued board member and wish
him well in his future endeavors," said Xiaofeng Peng, Chairman and
CEO of SPI Energy.

                        About SPI Energy

SPI Energy Co., Ltd. -- http://investors.spisolar.com/-- is a
global provider of photovoltaic (PV) solutions for business,
residential, government and utility customers and investors.  SPI
Energy focuses on the EPC/BT, storage and O2O PV market including
the development, financing, installation, operation and sale of
utility-scale and residential PV projects in China, Japan, Europe
and North America.  The Company operates an online energy
e-commerce and investment platform in China, as well as B2B
e-commerce platform offering a range of PV and storage products in
Australia.  The Company has its operating headquarters in Hong Kong
and maintains global operations in Asia, Europe, North America and
Australia.

SPI Energy reported a net loss of $185 million on $191 million of
net sales for the year ended Dec. 31, 2015, compared to a net loss
of $5.19 million on $91.6 million of net sales for the year ended
Dec. 31, 2014.  As of June 30, 2016, SPI Energy had $549.4 million
in total assets, $415.0 million in total liabilities, and $134.4
million in total stockholders' equity.

"[T]he Group has suffered significant losses from operations and
has a negative working capital as of December 31, 2015.  In
addition, the Group has substantial amounts of debts that will
become due for repayment in 2016.  These factors raise substantial
doubt about the Group's ability to continue as a going concern,"
the Company disclosed in its 2015 Annual Report.

"While management believes that the measures in the liquidity plan
will be adequate to satisfy its liquidity and cash flow
requirements for the twelve months ending December 31, 2016, there
is no assurance that the liquidity plan will be successfully
implemented.  Failure to successfully implement the liquidity plan
will have a material adverse effect on the Group's business,
results of operations and financial position, and may materially
adversely affect its ability to continue as a going concern.  The
consolidated financial statements do not include any adjustments
related to the recoverability and classification of recorded assets
or the amounts and classification of liabilities or any other
adjustments that might be necessary should the Group be unable to
continue as a going concern."


SPI ENERGY: Will Sell 320 Million Ordinary Shares for $33.9M
------------------------------------------------------------
SPI Energy Co., Ltd., has entered into share purchase agreements
with each of Qian Kun Prosperous Times Investment Limited and Alpha
Assai fund SP of Sunrise SPC.  The share purchase agreements
provide, among other things, that Qian Kun Prosperous Times
Investment Limited and Alpha Assai fund SP of Sunrise SPC will
purchase 80,000,000 and 240,000,000 ordinary shares of the Company
respectively, for a total consideration of US$33,920,000, subject
to the terms and conditions of the respective share purchase
agreement, including a lock-up for 90 days from the closing date of
the contemplated transactions, or such other time or on such other
date that is agreed upon in writing by both parties.  The
consummation of these transactions are also subject to customary
closing conditions.

                        About SPI Energy

SPI Energy Co., Ltd. -- http://investors.spisolar.com/-- is a
global provider of photovoltaic (PV) solutions for business,
residential, government and utility customers and investors.  SPI
Energy focuses on the EPC/BT, storage and O2O PV market including
the development, financing, installation, operation and sale of
utility-scale and residential PV projects in China, Japan, Europe
and North America.  The Company operates an online energy
e-commerce and investment platform in China, as well as B2B
e-commerce platform offering a range of PV and storage products in
Australia.  The Company has its operating headquarters in Hong Kong
and maintains global operations in Asia, Europe, North America and
Australia.

SPI Energy reported a net loss of $185 million on $191 million of
net sales for the year ended Dec. 31, 2015, compared to a net loss
of $5.19 million on $91.6 million of net sales for the year ended
Dec. 31, 2014.  As of June 30, 2016, SPI Energy had $549.4 million
in total assets, $415.0 million in total liabilities, and $134.4
million in total stockholders' equity.

"[T]he Group has suffered significant losses from operations and
has a negative working capital as of December 31, 2015.  In
addition, the Group has substantial amounts of debts that will
become due for repayment in 2016.  These factors raise substantial
doubt about the Group's ability to continue as a going concern,"
the Company disclosed in its 2015 Annual Report.

"While management believes that the measures in the liquidity plan
will be adequate to satisfy its liquidity and cash flow
requirements for the twelve months ending Dec. 31, 2016, there is
no assurance that the liquidity plan will be successfully
implemented.  Failure to successfully implement the liquidity plan
will have a material adverse effect on the Group's business,
results of operations and financial position, and may materially
adversely affect its ability to continue as a going concern.  The
consolidated financial statements do not include any adjustments
related to the recoverability and classification of recorded assets
or the amounts and classification of liabilities or any other
adjustments that might be necessary should the Group be unable to
continue as a going concern."


SQUARE ONE: Plan Filing Exclusivity Extended Until November 6
-------------------------------------------------------------
Judge Karen S. Jennemann of the U.S. Bankruptcy Court for the
Middle District of Florida has extended the exclusivity period for
Square One Development, LLC, and Square One Henderson, LLC to file
a Plan of Reorganization until November 6, 2017.

If a Plan is filed by this date, the Debtor will have continued
exclusivity until the first hearing on confirmation of the Plan,
the Court said.

The Troubled Company Reporter has previously reported that the
Debtors sought an extension of the 120-day exclusivity period to a
date 150 days from the Petition Date -- through November 7, 2017 --
in order to allow for orderly administration of these estates, and
that, if a plan is filed by this date, continued exclusivity until
the first hearing on the confirmation of the Plan.

The Debtors said that since the Petition Date, they have been
diligently administering their cases as debtors-in-possession.  To
that end, the Debtors have been: (a) soliciting and negotiating
with potential buyers of the Debtors' assets; and (b) discussing
plan terms with the secured creditors.  These actions are moving
forward and should be completed in the next 30 days, and the
Debtors anticipated filing a plan by November 6.

                   About Square One Development

Headquartered in Tampa, Florida, Square One Development, LLC, is a
multi-member Florida limited liability company formed on April 6,
2010.  It owns a group of 12 related entities including eight
gourmet burger restaurants with operations in West Central
Florida.

Square One Development, LLC, and its affiliates filed for Chapter
11 bankruptcy protection (Bankr. M.D. Fla. Lead Case No. 17-03846)
on June 9, 2017.  The petitions were signed by William Milner,
manager.

Square One Winter Park, LLC, an affiliate, estimated its assets and
liabilities between $1 million and $10 million.

Latham, Shuker, Eden & Beaudine, LLP, is serving as bankruptcy
counsel to the Debtor.


STEMTECH INTERNATIONAL: Seeks Dec. 15  Plan Exclusivity Extension
-----------------------------------------------------------------
Stemtech International, Inc. requests the U.S. Bankruptcy Court for
the Southern District of Florida for an extension of the exclusive
periods within which only the Debtor may file a plan of
reorganization and solicit affirmative votes from impaired classes
of claims or interests, for a period of 60 days, through and
including December 15, 2017, and February 13, 2018, respectively.

In accordance with the Extension Order entered by the Court on
September 5, 2017, the Debtor's Exclusive Periods were extended
through and including October 16 and December 15, respectively.

The Debtor asserts that although its case is not particularly
large, the case is somewhat complex considering that the Debtor is
a holding company with assets comprising intellectual property, a
leasehold interest, and direct and indirect equity interests in
several subsidiaries operating both domestically and
internationally. Given this fact that the Debtor is a holding
company for several operating subsidiaries, the Debtor claims that
it needed more time within which to formulate a plan.

Moreover, the Debtor asserts that, together with its
representatives, they have endeavored to fully cooperate with
representatives of the Official Committee of Unsecured Creditors
and Opus Bank. Particularly, on July 12, 2017, the Debtor provided
the Committee's counsel with plan projections and estimated claims
and distributions. On October 11, the Debtor provided Committee
counsel with revised plan projections and estimated distributions.

As a result of the Parties' efforts, there has been no formal
discovery conducted in this Case. Thus, the Parties have avoided
time consuming and costly discovery. The Debtor and its
representatives are hopeful that the Committee will engage in
negotiations regarding a plan of reorganization. As such, the
Debtor requires additional time to formulate a plan, and to afford
the Debtor and the Committee sufficient time to negotiate a plan of
reorganization.

Additionally, the Debtor claims that its representatives have been
engaged in cost cutting measures in an effort to improve
profitability. These cost cutting efforts have included, but have
not been limited to, closing approximately 13 unprofitable
subsidiaries, headcount reductions and negotiations with the
Debtor's landlord in order to modify the Debtor's leasehold
interest. These efforts and others have resulted in material cost
reductions.

                    About Stemtech International

Stemtech International, Inc., is a holding company with assets
comprising intellectual property, a leasehold interest, and direct
and indirect equity interests in several subsidiaries operating
both domestically and internationally.  It filed a Chapter 11
bankruptcy petition (Bankr. S.D. Fla. Case No. 17-11380) on Feb. 2,
2017, estimating $1 million to $10 million in assets and
liabilities.  The petition was signed by Ray C. Carter, its chief
executive officer.

The Hon. Raymond B. Ray presides over the case.

The Debtor tapped Seese, P.A., as counsel; and GlassRatner Advisory
& Capital Group, LLC, as its financial advisor.

Guy Gebhardt, acting U.S. Trustee for Region 21, on Feb. 22, 2017,
appointed three creditors of Stemtech International, Inc., to serve
on the official committee of unsecured creditors. The committee
members are (1) Wilhelm Keller; (2) Greg Newman; and (3) Andrew P.
Leonard.  The Committee retained Paul Steven Singerman, Esq., at
Berger Singerman LLP as counsel.


SULLIVAN VINEYARDS: Trustee Taps Thomas Eddy as Consultant
----------------------------------------------------------
The Chapter 11 trustee for Sullivan Vineyards Corp. and Sullivan
Vineyards Partnership seeks approval from the U.S. Bankruptcy Court
for the Northern District of California to hire a consultant.

In his application, Timothy Hoffman proposes to employ Thomas Eddy
to, among other things, evaluate the condition of the Debtor's Napa
Valley winery and review the winery's sales and marketing efforts.
Mr. Eddy will charge an hourly fee of $300.

In the same filing, the trustee also seeks court approval to pay
the consultant up to $5,000 on an interim basis, subject to final
approval after notice to creditors.

Mr. Eddy is "disinterested" as defined in section 101(14) of the
Bankruptcy Code, according to the filing.

              About Sullivan Vineyards Corporation

Sullivan Vineyards Corporation filed a Chapter 11 petition (Bankr.
N.D. Cal. Case No. 17-10065) on Feb. 1, 2017, estimating assets at
$1 million to $10 million and liabilities at $10 million to $50
million at the time of the filing.

Sullivan Vineyards Partnership sought Chapter 11 protection (Bankr.
N.D. Cal. Case No. 17-10067) on Feb. 2, 2017, disclosing $18.99
million in assets and $14.27 million in liabilities.

The petitions were signed by Ross Sullivan, CEO.

The cases are jointly administered under Case No. 17-10065 before
Judge Roger L. Efremsky.

The Debtors are represented by Steven M. Olson, Esq., at the Law
Office of Steven M. Olson.

Timothy W. Hoffman was appointed as Chapter 11 trustee for the
Debtors.  The trustee hired Duane Morris LLP as his bankruptcy
counsel and Kokjer Pierotti Maiocco & Duck LLP, as his accountant.


SUNIVA INC: May Obtain $3M Additional Financing From Lion, SQN
--------------------------------------------------------------
Matt Chiappardi, writing for Bankruptcy Law360, reports that the
Hon. Kevin Gross of the U.S. Bankruptcy Court for the District of
Delaware has allowed Suniva Inc. to take on roughly $3 million in
additional post-petition financing from Lion Point Capital LP and
SQN Asset Servicing LLC.  According to Law360, the Debtor said the
loan was needed to keep up the Debtor's unusual restructuring
efforts that hinge on prosecuting an import relief case before the
U.S. International Trade Commission.

                       About Suniva, Inc.

Founded in 2007 by Dr. Ajeet Rohatgi, Suniva, Inc. --
http://www.suniva.com/-- is a manufacturer of PV solar cells with
manufacturing facilities at its metro-Atlanta, Georgia headquarters
as well as in Saginaw, Michigan.

Impacted by Chinese manufacturers who are able to flood the U.S.
market for solar cells and modules with cheap imports, Suniva,
Inc., filed a voluntary petition for relief under Chapter 11 of the
Bankruptcy Code (Bankr. D. Del. Case No. 17-10837) on April 7,
2017.

The Hon. Kevin Gross is the case judge.

Kilpatrick, Townsend & Stockton LLP is serving as general counsel
to the Debtor.  Potter Anderson & Corroon LLP is serving as
Delaware counsel, with the engagement led by Stephen R. McNeill,
Jeremy William Ryan.  Garden City Group, LLC, is the claims and
noticing agent.

Suniva estimated $10 million to $50 million in assets and $100
million to $500 million in debt.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on April 27,
2017, appointed five creditors of Suniva, Inc., to serve on the
official committee of unsecured creditors.  The Committee tapped
Seward & Kissel LLP as counsel, Morris, Nichols, Arsht & Tunnell
LLP as co-counsel, and Emerald Capital Advisors as financial
advisors.


THOMAS NICOL: Hires Broege, Neumann, Fischer & Shaver as Counsel
----------------------------------------------------------------
Thomas Nicol Company, Inc., seeks authority from the U.S.
Bankruptcy Court for the District of New Jersey to employ Broege,
Neumann, Fischer & Shaver, LLC, to serve as Chapter 11 attorneys
for the Debtor.

Professional services the firm's Attorneys will render are:

     a) advise the Debtor as to its duties as a debtor-in-
        possession under the Bankruptcy Code, including, without
        limitation, the obligation to open debtor-in-possession
        bank accounts, file monthly operating reports with the
        Bankruptcy Court and the office of the United States
        Trustee, pay quarterly fees to the United States Trustee,
        maintain adequate insurance on all assets of the
        bankruptcy estate, pay all postpetition taxes when due
        and file timely returns therefor, neither hire nor pay
        any professional without prior authorization of the
        Bankruptcy Court, neither sell nor dispose of any assets
        outside the ordinary course of business without prior
        authorization of the Bankruptcy Court;

     b) represent the Debtor at the Sec. 341(a) hearing and at
        any meetings between the Debtor and creditors or
        creditors committees;

     c) assist the Debtor in obtaining the authorization of the
        Bankruptcy Court to retain such accountants, appraisers
        or other professionals whose services the Debtor may
        require in connection with the operation of its business
        or the administration of the Chapter 11 proceedings;

     d) defend any motions made by secured creditors to enable
        the Debtor to retain the use of assets needed for an
        effective reorganization;

     e) negotiate with priority, secured and unsecured creditors
        to achieve a consensual resolution of their respective
        claims and the incorporation of such resolution into a
        plan of reorganization;

     f) file and prosecution of motions to expunge or reduce
        claims which the Debtor disputes;

     g) represent the Debtor in the Bankruptcy Court at such
        hearings as may require the Debtor's presence or
        participation to protect the interest of the Debtor
        and the bankruptcy estate;

     h) formulate, negotiate, prepare and file a disclosure
        statement and plan of reorganization (or liquidation)
        which conforms to the requirements of the Bankruptcy Code
        and applicable rules of procedure;

     i) represent the Debtor at hearings on the approval of the
        disclosure statement and confirmation of a plan, and
        responding to any objections to same filed by creditors
        or other parties in interest;

     j) assist the Debtor in discharging its obligations in
        consummating any plan of reorganization which is
        confirmed;

     k) advise the Debtor whether and to what extent any of its
        assets constitute cash collateral under the Bankruptcy
        Code and prosecuting applications for authorization to
        use any such assets; and

     l) provide other varied legal advice and services as may be
        needed by the Debtor in the operation of its business or
        in connection with the Chapter 11 proceedings.

Hourly rates charged by Broege Neumann are:

     Timothy P. Neumann   $590
     Peter J. Broege      $590
     Associates           $275
     Paralegals           $100

Timothy P. Neumann, Esq. attests that he, his firm, its members,
shareholders, partners, associates, officers and/or employees does
not hold an adverse interest to the estate; does not represent an
adverse interest to the estate; is a disinterested person under 11
U.S.C. Sec. 101(14); and does not represent or hold any interest
adverse to the Debtor or the estate with respect to the matter for
which she will be retained under 11 U.S.C. Sec. 327(e).

The Firm can be reached through:

     Timothy P. Neumann, Esq.
     Broege, Neumann, Fischer & Shaver, LLC
     25 Abe Voorhees Drive
     Manasquan, NJ 08736
     Tel: (732) 223-8484
     Email: tneumann@bnfsbankruptcy.com

                    About Thomas Nicol Company

Thomas Nicol Company is a New Jersey corporation presently headed
by Tucker Nicol, president.  Thomas Nicol's principal assets are
located at 1101 Shore Dr Brielle, New Jersey.

Thomas Nicol Company filed a Chapter 11 petition (Bankr. D.N.J.
Case No. 17-26908) on August 21, 2017.  The petition was signed by
Tucker B. Nicol, president. The Hon. Christine M. Gravelle presides
over the case.  Timothy P. Neumann, Esq., at Broege, Neumann,
Fischer & Shaver, LLC represents the Debtor as counsel.

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


TOWN SPORTS: Stockholders Elected Five Directors
------------------------------------------------
At Town Sports International Holdings, Inc.'s annual meeting, the
Company's stockholders:

   (a) elected Martin J. Annese, Jason M. Fish, Thomas J. Galligan
       III, Patrick Walsh and Spencer L. Wells as directors to
       serve until the Company's 2018 Annual Meeting of
       Stockholders and until their successors are duly elected
       and qualify;

   (b) ratified the appointment of PricewaterhouseCoopers LLP as
       the Company's independent registered public accounting firm
       for the fiscal year ending Dec. 31, 2017;

   (c) approved, on a non-binding basis, the compensation paid to
       the Company's named executive officers; and

   (d) approved an amendment to the Company's 2006 Stock Incentive
       Plan (as amended and restated effective April 2, 2015) to
       increase the number of shares of the Company's common stock
       available for issuance thereunder.

                     About Town Sports

Town Sports International Holdings, Inc. is the owner and operator
of fitness clubs in the Northeast and mid-Atlantic regions of the
United States and, through its subsidiaries, operated 149 fitness
clubs as of June 30, 2017, comprising 102 New York Sports Clubs, 28
Boston Sports Clubs, 11 Washington Sports Clubs (one of which is
partly-owned), five Philadelphia Sports Clubs, and three clubs
located in Switzerland.  These clubs collectively served
approximately 549,000 members as of June 30, 2017.

Town Sports posted net income of $8.04 million for the year ended
Dec. 31, 2016, compared to net income of $21.15 million for the
year ended Dec. 31, 2015.  As of June 30, 2017, Town Sports had
$236.56 million in total assets, $323.52 million in total
liabilities and a total stockholders' deficit of $86.96 million.

                           *    *    *

In May 2016, S&P Global Ratings said that it affirmed its corporate
credit rating on New York City-based Town Sports International
Holdings Inc. at 'CCC+'.  The rating outlook is negative.  The
'CCC+' corporate credit rating affirmation reflects a highly
leveraged capital structure that S&P believes is unsustainable over
the long term, the ongoing risk of a conventional default, and the
risk of another type of distressed debt restructuring in the
future.

In May 2017, Moody's Investors Service changed the ratings outlook
for the debt of Town Sports International Holdings, Inc., to stable
from negative.  At the same time, Moody's affirmed the Company's
Corporate Family Rating (CFR) and Probability of Default Rating
(PDR) at 'Caa2' and 'Caa2-PD', respectively, and its Speculative
Grade Liquidity Rating at SGL-3, while also upgrading the company's
senior secured credit facilities rating to 'Caa1' from 'Caa2'.
Town Sports' Speculative Grade Liquidity Rating is SGL-3.
According to Moody's analyst David Berge, "Town Sports has made
progress in stabilizing the fee-based portion of its revenue
stream, which is an important early step in the company's recovery.
The ability to grow its membership base while demonstrating the
viability of its pricing strategy in the highly-competitive fitness
club sector will be key to future improvement in the company's
credit profile."


TRAVIS RAGSDALE: H-Damani Buying Dallas Property for $1.2 Million
-----------------------------------------------------------------
Travis Wade Ragsdale asks the U.S. Bankruptcy Court for the
Northern District of Georgia to authorize the sale of real property
consisting of approximately 13.33 acres at the corner of Cedarcrest
Road and Seven Hills Connector, Dallas, Georgia, and is also
described as Land Lot 533 of the 3rd District, 3rd Section of the
Paulding County land record, to H-Damani Investment Group, LLC for
$1,150,000.

A hearing on the Motion is set for Nov. 7, 2017 at 9:25 a.m.
Objections, if any, must be filed at least two business days before
the hearing.

A critical component to the success of the Debtor's Chapter 11 case
is the liquidation and sale of properties to pay debt.  The Debtor
has a contract to sell the Property to the Buyer for $1,150,000.
The earnest money is $100,000.  The closing of the sale will occur
on Nov. 10, 2017.

The Debtor proposes to remit all net proceeds after payment of
normal, customary, and necessary realtor commissions, closing
costs, and pro-rated taxes, consistent with the Purchase and Sale
Agreement to the lienholder, Westside Bank and affiliated loan
participants.  

The Debtor consents to protective language in the Order stipulating
that, as a condition precedent of closing the sale on the Property,
not less than two business days prior to closing on the sale of the
Property, the Debtor will cause the closing attorneys for the
proposed sale to deliver to the attorneys for Westside Bank, (i) a
survey, (ii) legal description, and (iii) proposed HUD-1
showing payment of normal, customary, and necessary realtor
commissions, closing costs, and pro-rated taxes, consistent with
the Purchase and Sale Agreement, and the net proceeds to be
remitted to Westside Bank.  Upon review and approval by Westside
Bank, the closing may be finalized, and the closing attorneys will
immediately remit all net proceeds from the sale of the Property
directly to Westside Bank or its designated counsel.

The Debtor anticipates remitting not less than $1,140,000 from sale
of the Cedarcrest Property ($1,150,000 minus his approximation of
50% of the customary, actual, reasonable and necessary closing
costs for sale of such property).  Any shortfall or excess proceeds
will be subject to the discretion of Westside or any agreement or
terms reached prior to closing.  In the absence of an agreement or
consent, or in the event Westside Bank does not approve of the
legal description or HUD-1, then counsel for the Debtor will
coordinate and schedule an expedited hearing on any remaining
issues with notice to Westside Bank and the United States Trustee.


Further, not more than three business days after the closing of the
sale of the Property, the closing attorney or the Debtor will
deliver an executed copy of the HUD-1 to the attorneys for Westside
Bank.

The sale of the Property is integral to the Debtor's Chapter 11
bankruptcy case and to fulfill his obligations under contemplated
plan of repayment and reorganization.  So long as he continues to
own the Property, he is incurring obligations for property taxes,
insurance, and maintenance costs.  In addition, as landowner, he is
subject to potential lawsuits for premises liability on the
property. Disposition of the Property will provide needed cash to
the estate and reduce the debt obligations owed, thereby permitting
the Debtor to restructure the remaining debt obligations due and
owing on remaining property.

The Debtor has conducted an investigation of the Property and has
evaluated his option regarding ongoing operations vs. its sale.  As
a result thereof, the Debtor believes that the Buyer's offer as set
forth herein, in conjunction with the terms of a global agreement
that he believes will satisfy his obligations to the bank,
represents the best offer and course of action for the estate.  

Accordingly, the Debtor asks the Court to approve the relief
sought.

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

     http://bankrupt.com/misc/Travis_Ragsdale_149_Sales.pdf

The Purchaser:

          H-DAMANI INVESTMENT GROUP, LLC
          6308 Manassas Pass NW
          Acworth, GA 30101
          E-mail: lizzlopez78@yahoo.com
          

Westside Bank can be reached at:

          WESTSIDE BANK Bank
          Attn: Tren Watson, CEO
          56 Hiram Drive
          Hiram, GA 30141

Westside Bank is represented by:

          MILLER, MARTIN, PLLC
          1180 West Peachtree NW, Ste 210
          Atlanta, GA 30309

Travis Wade Ragsdale sought Chapter 11 protection (Bankr. N.D. Ga.
Case No. 15-40844) on April 14, 2015.


TRI STATE TRUCKING: Spartan Mat Blocks Approval of Disclosures
--------------------------------------------------------------
Creditor Spartan Mat, LLC, filed with the U.S. Bankruptcy Court for
the Middle District of Pennsylvania an objection to Tri State
Trucking's disclosure statement dated August 14, 2017.

Spartan Mat complains that the Disclosure Statement does not
provide adequate information concerning its claim in that it refers
only generally and in terms are inconsistent to the claim which, if
proven, will have a direct bearing on distributions to all
unsecured creditors, including Spartan Mat.

The Debtor has indicated it will not agree to arbitration and
further that it disputes liability for the claim. Spartan Mat
contends that its claim must be determined and should be heard in
an arbitration as called for by the parties' contract in order for
any unsecured creditor to make an informed decision about the
Disclosure Statement and Plan.

Thus, the Disclosure Statement should not be approved without
including adequate information about the claim of Spartan Mat, LLC
and its ultimate determination.

The Troubled Company Reporter previously reported that holders of
Allowed Class 2 Claims will receive a pro rata distribution of the
funds available to be paid from the Plan. Class 2 Claim holders are
projected to receive a distribution of approximately 21% unless the
Spartan Mat Claim is allowed, which would reduce distributions to
approximately 15%.

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

        http://bankrupt.com/misc/pamb15-04444-588.pdf

Attorneys for Creditor, Spartan Mat, LLC:

     Eugene C. Kelley, Esquire (PA56252)
     Kelley, Polishan & Solfanelli, LLC
     259 South Keyser Avenue
     Old Forge PA 18518
     T. 570-562-4520
     F. 570-562-4531
     E. ekelley@kpwslaw.com

             About Tri State Trucking Company

Tri State Trucking Company operates an over the road logistics
company hauling various freight of its customers.  It employs
approximately 50 people and operates from its headquarters located
at 16064 Route 6, Mansfield, Pennsylvania 16933.

Tri State filed Chapter 11 bankruptcy petition (Bankr. M.D. Pa.
Case No. 15-04444) on Oct. 13, 2015.  William E. Robinson signed
the petition as president.  The Debtor estimated assets in the
range of $10 million to $50 million and liabilities of at least $1
million.  Mette, Evans, & Woodside represents the Debtor as
counsel.  Judge John J. Thomas is assigned to the case.

The Debtor also hired Robert E. Chernicoff, Esq., at Cunningham
Chernicoff & Warshawsky, P.C., as counsel.


TUCSON ONE: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------
The Office of the U.S. Trustee on Oct. 17 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Tucson One, LLC.

                     About Tucson One

Headquartered in Ventura, California, Tucson One, LLC, is a single
asset real estate (as defined in 11 U.S.C. Section 101(51B)).  The
Debtor filed for Chapter 11 bankruptcy protection (Bankr. D. Ariz.
Case No. 17-11219) on Sept. 22, 2017, estimating its assets and
liabilities at between $1 million and $10 million.  The petition
was signed by Henry Goldman, trustee, as member/manager.

Judge Brenda Moody Whinery presides over the case.

Jeffrey M. Neff, Esq., at Neff & Boyer, P.C., serves as the
Debtor's bankruptcy counsel.


UPPER CUTS: Taps Richard B. Rosenblatt as Legal Counsel
-------------------------------------------------------
Upper Cuts of Maryland, LLC seeks approval from the U.S. Bankruptcy
Court for the District of Maryland to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to employ the Law Offices of Richard B.
Rosenblatt, PC to, among other things, give legal advice regarding
its duties under the Bankruptcy Code and assist in the preparation
of a plan of reorganization.

Richard Rosenblatt, Esq., and Linda Dorney, Esq., the attorneys who
will be handling the case, will each charge an hourly fee of $350.
Other attorneys of the firm will charge $295 per hour.  The hourly
rate for paralegal services is $125.

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

Rosenblatt can be reached through:

     Richard B. Rosenblatt, Esq.
     Linda M. Dorney, Esq.
     The Law Offices of Richard B. Rosenblatt, PC
     30 Courthouse Square, Suite 302
     Rockville, MD 20850
     Phone: (301) 838-0098
     Email: rrosenblatt@rosenblattlaw.com

                 About Upper Cuts of Maryland LLC

Upper Cuts of Maryland, LLC operates a hair salon and spa with its
principal place of business located at 230 American Way, Oxon Hill,
Maryland.  It is a small business debtor as defined in 11 U.S.C.
Section 101(51D).

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Md. Case No. 17-23641) on October 12, 2017.  Helen
McIntosh, president and CEO, signed the petition.  

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 Wendelin I. Lipp presides over the case.


US SILICA: Moody's Hikes CFR to B1; Outlook Stable
--------------------------------------------------
Moody's Investors Service upgraded US Silica Company, Inc.
Corporate Family Rating ("CFR") to B1 from B2, its senior secured
bank credit facility to B1 from B2, and its Probability of Default
Rating to B1-PD from B3-PD. The Speculative Grade Liquidity rating
was affirmed at SGL-2. The outlook was changed to stable from
positive.

The following actions were taken:

Corporate Family Rating, upgraded to B1 from B2;

$510 million senior secured 1st lien term loan B, upgraded to B1
(LGD3) from B2 (LGD3);

$50 million senior secured revolving credit facility, upgraded to
B1 (LGD3) from B2 (LGD3);

Probability of Default Rating, upgraded to B1-PD from B3-PD;

Speculative Grade Liquidity rating, affirmed at SGL-2.

The rating outlook was changed to stable from positive.

RATINGS RATIONALE

The ratings upgrade reflects improvement in key credit metrics and
Moody's expectations that industry conditions will continue to
improve in 2018 on the strength of frac-sand demand and increasing
volumes. Adjusted operating margin improved to 7.0% for the 12
months ended June 30, 2017, from -5.7% for the year ended 2016.
Adjusted EBIT to interest expense improved to 1.2x from -0.6x and
adjusted debt-to-EBITDA to 4.8x from 11.3x over the same period.
Moody's expects adjusted operating margin to increase to
approximately 14.0%, adjusted EBIT to interest to increase to
approximately 3.5x and adjusted debt-to-EBITDA to decline to
approximately 2.9x by year end 2017.

U.S. Silica's credit profile benefits from its strong market
position in the frac-sand industry and as one of the largest
producers of industrial silica in the United States. The company's
credit profile is also supported by its extensive proven and
probable reserves, strategically located quarries and production
facilities, developed logistical network from mine gate to well
site, and long-standing customer relationships. The rating also
considers the contribution from U.S. Silica's Industrial and
Specialty Products ("ISP") segment which represented 20% of total
revenue year-to-date through June 30, its large and flexible mining
operation, and its ability to capture market share from the smaller
sand producers. U.S. Silica has a good liquidity position with
almost $600 million in cash and $46 million available under its
revolver at June 30th. The company's rating is constrained by its
limited size relative to similarly rated companies, reliance on a
single commodity product, exposure to cyclical end markets and
reliance on the hydraulic fracturing industry for the majority of
its revenue and operating income. Importantly, Moody's credit views
incorporates the volatility in operating performance associated
with the company's key oil and natural gas end markets which
experienced prolonged and material weakness in 2015 and 2016. U.S.
Silica's adjusted operating margin was negative in the first three
quarters of 2016, but turned positive in 4Q16. Adjusted
debt-to-EBITDA climbed above 8.0x for multiple quarters during the
weak period, but also has improved since 3Q16. Moody's expects key
credit metrics will continue to improve on the strength of
frac-sand demand, increasing volumes, stable-to-improving prices,
and healthy end market conditions.

US Silica's SGL-2 reflects the company's good liquidity position
over the next 12 months and assumes the extension of its revolver.
For the 12 months ended June 30, 2017, the company's liquidity was
supported by approximately $600 million of cash. The company has a
$50 million senior secured revolving credit facility which expires
in July 2018. The facility had no borrowings and $4 million
allocated for letters of credit as of June 30, leaving $46 million
available. The company has no other near term debt maturities. The
$510 million Term Loan Facility matures July 2020. With the
exception of 2014, the company has generated negative free cash
flow over the past several years due to shareholder dividends and
capital investments in raw sand plants, resin coated product
facilities, transloading terminals and other logistical assets. For
the 12 months ended June 30, the company generated negative $83
million (as reported) in cash from operations, and used $19 million
to pay dividends and $185 million for growth and maintenance
capital expenditures. However, the company raised $653.2 million in
common equity offerings in 2016. Moody's liquidity scenario does
not account for any potential acquisitions which U.S. Silica might
pursue. The company's revolving credit facility is governed by a
total net leverage covenant of no more than 3.75x whenever usage of
the revolving credit facility exceeds 25% of the revolver
commitment, excluding certain undrawn letters of credit. Moody's
does not expects the company to be subject to this springing
financial covenant over the balance of the term.

The stable outlook reflects Moody's expectations that adjusted
operating income and key credit metrics will improve from higher
volumes and stable pricing driven by favorable supply/demand
dynamics. The stable outlook also assumes that U.S. Silica will
maintain ample liquidity as it funds its growth initiatives.

Moody's indicated that the ratings could be upgraded if adjusted
debt-to-book capitalization is maintained under 50%, adjusted
EBIT-to-interest is sustained well above 3.0x, and adjusted
operating margin approaches 25%. A rating upgrade would also
require robust liquidity, free cash flow generation, and healthy
oil and natural gas end markets.

The ratings could be downgraded if adjusted EBIT-to-interest
declined below 2.5x, adjusted operating margin deteriorates, or
adjusted debt-to-book capitalization above 60%. In addition, a
ratings downgrade could result from a deterioration in liquidity or
weakened financial flexibility, possibly due to aggressive growth,
large debt-funded acquisitions or shareholder friendly activities.

The principal methodology used in these ratings was Building
Materials Industry published in January 2017.


WILLIAM B. LAWTON: Hires Adams and Reese as Legal Counsel
---------------------------------------------------------
William B. Lawton Co., LLC seeks approval from the U.S. Bankruptcy
Court for the Western District of Louisiana to hire Adams and Reese
LLP as legal counsel.

The firm will represent the company and its affiliates River Oaks
Exploration, LLC and Rayville Resources, LLC in connection with
their Chapter 11 cases.

The services to be provided by the firm include advising the
Debtors regarding their duties under the Bankruptcy Code; assisting
them in the disposition of their assets; negotiating with lenders
to get financing; and assisting the Debtors in the preparation of a
plan of reorganization.

The attorneys designated to handle the cases and their hourly rates
are:

     Lisa Hedrick       $440
     Mark Embree        $425
     Patrick McCune     $320

The hourly rates for paralegals and law clerks range from $120 to
$210 per hour.

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

The firm can be reached through:

     Lisa M. Hedrick, Esq.
     Adams and Reese LLP
     4500 One Shell Square
     701 Poydras Street, Suite 4500
     New Orleans, LA 70139
     Tel: (504) 581-3234
     Fax: (504) 566-0210

                  William B. Lawton Co.

William B. Lawton Co., LLC, River Oaks Exploration, LLC and
Rayville Resources, LLC are engaged in the oil and gas extraction
business.

The Debtors sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. La. Case Nos. 17-20948 to 17-20950) on October
10, 2017.  William T. Drost, its president, signed the petitions.


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

Judge Robert Summerhays presides over the cases.


WILLIAM B. LAWTON: Seeks to Hire Gray Law as Special Counsel
------------------------------------------------------------
William B. Lawton Co., LLC seeks approval from the U.S. Bankruptcy
Court for the Western District of Louisiana to retain The Gray Law
Firm as special counsel.

The firm will continue to represent the Debtor in two separate
lawsuits filed by Grace Ranch, Inc. and a group led by Ira Ellender
in Cameron Parish and Jefferson Davis Parish, Louisiana.  Both
lawsuits involve alleged contamination of the plaintiffs'
properties resulting from the Debtor's mineral operations.

A.J. Gray, III, Esq., the attorney handling the cases, will charge
an hourly fee of $350.  Paralegals will charge $120 per hour.

Mr. Gray disclosed in a court filing that he and his firm do not
hold or represent any interest adverse to the Debtor.

The firm can be reached through:

     A.J. Gray, III, Esq.
     The Gray Law Firm
     A Professional Law Corporation
     21 River Lane
     Lake Charles, LA 70605
     Phone: (337) 494-0694
     Fax: (337) 494-0697

                  William B. Lawton Co.

William B. Lawton Co., LLC, River Oaks Exploration, LLC and
Rayville Resources, LLC are engaged in the oil and gas extraction
business.

The Debtors sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. La. Case Nos. 17-20948 to 17-20950) on October
10, 2017.  William T. Drost, its president, signed the petitions.

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

Judge Robert Summerhays presides over the cases.  Lisa M. Hedrick,
Esq., at Adams and Reese LLP, serves as Chapter 11 counsel to the
Debtors.


WYNIT DISTRIBUTION: Hires Goldman Sloan Nash as Canadian Counsel
----------------------------------------------------------------
WYNIT Distribution, LLC, and its affiliates seek authority from the
U.S. Bankruptcy Court for the District of Minnesota to employ
Goldman Sloan Nash & Haber LLP as Canadian counsel.

The legal services to be rendered by Goldman Sloan are:

     (a) assess the Debtors' assets and operations in Canada, and
         provide advice, negotiate, and prepare documents for
         Canadian Proceedings;

     (b) negotiate with creditors and other parties in interest;

     (c) make or respond to motions, applications, and other
         requests for relief on behalf of the Debtors in the
         Canadian Proceedings;

     (d) provide Canadian legal advice on any issue required
         by the Debtors in connection with their Chapter 11 cases
         and the recognition of orders and/or plan within the
         Canadian Proceedings; and

     (e) perform other services requested by the Debtors or
         services reasonably necessary to represent the Debtors
         in these cases.

As of the Petition Date, the applicable standard hourly rates were
$475 for Goldman Sloan counsel or partners and $180 to $320 for the
firm's associates.

Mario Forte, counsel at Goldman Sloan Nash & Haber LLP, attests
that the partners, counsel, associates, and paraprofessionals of
Goldman Sloan are "disinterested" parties within the meaning of
Section 101(14) of the Bankruptcy Code, and do not represent any
other entity having an interest adverse to the Debtors in
connection with these Chapter 11 cases.

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, Mario
Forte disclosed that:

      -- it has not agreed to any variations from, or
         alternatives to, its standard or customary billing
         arrangements for this engagement;

      -- During the 12 months preceding the Petition Date,
         GSNH's rates for timekeepers for its prepetition
         engagement on this matter were $475 for counsel or
         partners and $180 to $320 for associates.  GSNH's rates
         have not changed postpetition; and

      -- GSNH has or will deliver a prospective budget and
         staffing plan for the first three months following the
         Petition Date to the Debtors and will continue to work
         with the Debtors on the budget and staffing plan. In
         addition, GSNH will provide the Debtors with a weekly
         update of accrued fees and expenses.

The Canadian counsel can be reached through:

     Mario Forte, Esq.
     Goldman Sloan Nash & Haber LLP
     480 University Ave Suite 1600
     Toronto, ON M5G 1V2
     Tel: 416-597-9922
     Toll Free: 1-877-597-9922
     Fax: 416-597-3370
     Email: forte@gsnh.com

                     About WYNIT Distribution

Headquartered at Greenville, South Carolina, WYNIT Distribution,
LLC, is an international distributor of products from the top
brands in the consumer electronics, photo, wide format printing,
security and outdoor leisure and adventure industries.

WYNIT Distribution filed a Chapter 11 bankruptcy petition (Bankr.
D. Minn. Case No. 17-42726) on Sept. 8, 2017.  The petitions were
signed by Pete Richichi, its chief operating officer.

The Debtor disclosed total assets and debt of $100 million to $500
million.

Judge Kathleen H Sanberg presides over the case.  

The Debtor engaged Stinson Leonard Street LLP as counsel.  The
Debtor also hired Conway Mackenzie, Inc., as financial advisor, and
JND Corporate Restructuring as claims, noticing, and balloting
agent.

The Official Committee of Unsecured Creditors formed in the case
has retained Barnes & Thornburg LLP and Lowenstein Sandler LLP as
its bankruptcy co-counsel.


[*] B3 Neg. and Lower Corp. Ratings List Down Again in September
----------------------------------------------------------------
Moody's B3 Negative and Lower Corporate Ratings List declined again
in September, to end the third quarter at 214 companies, Moody's
Investors Service said in a new report. The list is now 5% smaller
than it was at the end of the second quarter and 26% smaller than
its all-time high of 291 issuers, which, along with Moody's
speculative-grade credit indicators, points to a continued
declining default rate in the year ahead.

"In the third quarter of 2017, most of the issuers that left
Moody's lists of lower-rated companies did so due to rating
withdrawals for reasons other than default," said Moody's Associate
Analyst Julia Chursin. "Notably, the number of rating actions
related to defaults among B3 Negative and Lower rated companies was
the lowest Moody's has seen so far this year."

Following the stabilization of commodity prices, the energy and
mining sectors' shares of the B3 Negative and Lower list have
diminished considerably, Chursin says in "Shrinking List Points to
Lower Default Rate." The oil and gas sector's share has declined
the most, though these companies still make up more than a fifth of
the list. Consumer/Business Services accounts for the next-largest
share, at 14%, followed by Retail and Apparel, at 11%.

The majority of Moody's indicators continue to point to easing
credit and default risk among speculative-grade issuers. The
Liquidity-Stress Indicator fell to 3.0% at the end of September
from 3.5% at the end of June, with the drop reflecting borrowers'
generally good liquidity, in addition to favorable financing
conditions. Moody's projects the one-year US speculative-grade
default rate will drop to 2.3% in September next year, from 3.3%.

Nonetheless, Moody's believes investors should remain vigilant.
"Despite supportive credit conditions and accommodating markets,
speculative-grade corporate family ratings continue to migrate
lower and are now concentrated in the B2 and B3 rating buckets,"
Chursin noted. "Event risk remains a concern for companies with
weak balance sheets, particularly as interest rates rise."


[*] Law Firms' Claims For $25M in Damages From CFBP Tossed Out
--------------------------------------------------------------
Rick Archer, writing for Bankruptcy Law360, reports that U.S.
District Judge Josephine L. Station threw out claims by a trio of
law firms for $25 million in damages from the Consumer Financial
Protection Bureau for the agency's lawsuit accusing them of
illegally collecting advance fees for debt relief work.  According
to the report, Judge Station said that sovereign immunity barred
the firms' monetary claims against the CFPB, and they have no
standing to contest already.  The law firms they could file a new
claim for breaches in free speech, the report states, citing Judge
Station.


[*] Zachary Smith Named to ABI's 2017 40 Under 40 List
------------------------------------------------------
Moore & Van Allen PLLC announced that Charlotte Bankruptcy Member
and Team Leader Zachary H. Smith was named to the American
Bankruptcy Institute's (ABI) 2017 "40 Under 40" list, which
recognizes 40 top restructuring professionals nationwide under the
age of 40.  Honorees were selected by a 10-member steering
committee of ABI leaders from nearly 200 candidates and will be
recognized at a special awards luncheon during ABI's 2017 Winter
Leadership Conference, taking place Nov. 30-Dec. 2 at the La Quinta
Resort & Club in Palm Springs, California.

"We are pleased that the American Bankruptcy Institute has chosen
to honor Zach this year, and recognize the knowledge he brings to
clients and the leadership he provides at our firm," stated Firm
Chairman Ernie Reigel.

The 2017 "40 Under 40" honorees were chosen from both large and
small firms from every region of the country, and represent diverse
practice areas such as law, finance, consulting, academia,
government and more.  As stated by ABI, "the goal of ABI's '40
Under 40' initiative is not simply to create a one-time ceremony,
but to fully engage those selected as future leaders in the
insolvency profession and to build on the initiative each year.'"

Mr. Smith concentrates his practice in the areas of distressed
situations and bankruptcy, representing lenders, investors, special
situation funds, debtors and other stakeholders in in-court and
out-of-court restructurings, including complex restructuring
matters pertaining to Puerto Rico.  Mr. Smith is a senior lecturing
fellow at Duke Law School, a lecturer in law at Boston University
School of Law, an advisory board member of the ABI's annual
Caribbean Insolvency Symposium, and a frequent author and panelist
on bankruptcy matters.

A complete list of the ABI's 2017 "40 Under 40" honorees can be
seen in ABI's press release here and at
http://abi40under40.org/honorees


[^] Recent Small-Dollar & Individual Chapter 11 Filings
-------------------------------------------------------
In re Dalton Outdoor Services, Inc.
   Bankr. D. Minn. Case No. 17-33188
      Chapter 11 Petition filed October 9, 2017
         See http://bankrupt.com/misc/mnb17-33188.pdf
         represented by: Steven B Nosek, Esq.
                         STEVEN B. NOSEK, P.A.
                         E-mail: snosek@noseklawfirm.com

In re Northland Recovery Bureau, Inc.
   Bankr. D. Minn. Case No. 17-33196
      Chapter 11 Petition filed October 9, 2017
         See http://bankrupt.com/misc/mnb17-33196.pdf
         represented by: John D. Lamey, III, Esq.
                         LAMEY LAW FIRM, P.A.
                         E-mail: bankrupt@lameylaw.com

In re Alvin Joseph Robinson
   Bankr. D. Ariz. Case No. 17-11987
      Chapter 11 Petition filed October 10, 2017
         Filed Pro Se

In re 308 Sierra Point LLC
   Bankr. N.D. Cal. Case No. 17-31013
      Chapter 11 Petition filed October 10, 2017
         See http://bankrupt.com/misc/canb17-31013.pdf
         Filed Pro Se

In re S. Murphy Enterprises, Inc.
   Bankr. M.D. Fla. Case No. 17-08576
      Chapter 11 Petition filed October 10, 2017
         See http://bankrupt.com/misc/flmb17-08576.pdf
         represented by: Steven M Fishman, Esq.
                         STEVEN M FISHMAN, PA
                         E-mail: steve.fishman@verizon.net

In re Jeffrey C. Curtin
   Bankr. N.D. Ill. Case No. 17-30340
      Chapter 11 Petition filed October 10, 2017
         represented by: David P Lloyd, Esq.
                         DAVID P. LLOYD, LTD.
                         E-mail: courtdocs@davidlloydlaw.com

In re Linton Shafer Computer Services, Inc.
   Bankr. D. Md. Case No. 17-23535
      Chapter 11 Petition filed October 10, 2017
         See http://bankrupt.com/misc/mdb17-23535.pdf
         represented by: Craig Palik, Esq.
                         MCNAMEE HOSEA PA
                         E-mail: cpalik@mhlawyers.com

In re Trevor Michael Fiting
   Bankr. E.D. Mich. Case No. 17-22053
      Chapter 11 Petition filed October 10, 2017
         represented by: Dennis M. Haley, Esq.
                         E-mail: ecf@winegarden-law.com

In re North Carolina Tobacco International, LLC
   Bankr. M.D.N.C. Case No. 17-51077
      Chapter 11 Petition filed October 10, 2017
         See http://bankrupt.com/misc/ncmb17-51077.pdf
         represented by: Richard Steele Wright, Esq.
                         MOON WRIGHT & HOUSTON, PLLC
                         E-mail: rwright@mwhattorneys.com

In re Sarah Darline Schultz
   Bankr. D.N.J. Case No. 17-30509
      Chapter 11 Petition filed October 10, 2017
         represented by: Dean G. Sutton, Esq.
                         E-mail: dgs123@ptd.net

In re Westampton Courts Condominium One Association
   Bankr. D.N.J. Case No. 17-30543
      Chapter 11 Petition filed October 10, 2017
         See http://bankrupt.com/misc/njb17-30543.pdf
         represented by: Allen I Gorski, Esq.
                         GORSKI & KNOWLTON PC
                         E-mail: agorski@gorskiknowlton.com

In re Stephanie Pamela Greenspan
   Bankr. D.N.J. Case No. 17-30568
      Chapter 11 Petition filed October 10, 2017
         represented by: Barry Scott Miller, Esq.
                         E-mail: bmiller@barrysmilleresq.com

In re Gregory K. Crowell
   Bankr. S.D. Ohio Case No. 17-13624
      Chapter 11 Petition filed October 10, 2017
         represented by: Donald W. Mallory, Esq.
                         E-mail: dmallory@ctks.com

In re Mehri Akhlaghpour
   Bankr. C.D. Cal. Case No. 17-12739
      Chapter 11 Petition filed October 11, 2017
         represented by: Giovanni Orantes, Esq.
                         E-mail: go@gobklaw.com

In re Justino Aragon Flores
   Bankr. C.D. Cal. Case No. 17-22478
      Chapter 11 Petition filed October 11, 2017
         represented by: Onyinye N Anyama, Esq.
                         ANYAMA LAW FIRM
                         E-mail: onyi@anyamalaw.com

In re Frances Greene
   Bankr. N.D. Cal. Case No. 17-42559
      Chapter 11 Petition filed October 11, 2017
         represented by: Yasha Rahimzadeh, Esq.
                         LAW OFFICE OF YASHA RAHIMZADEH
                         E-mail: yr_law@hotmail.com

In re Laura Elsheimer LLC
   Bankr. D. Mass. Case No. 17-41842
      Chapter 11 Petition filed October 11, 2017
         See http://bankrupt.com/misc/mab17-41842.pdf
         represented by: Michael Van Dam, Esq.
                         VAN DAM LAW LLP
                         E-mail: mvandam@vandamlawllp.com

In re The Jesse K Greenbaum Trust
   Bankr. D. Md. Case No. 17-23562
      Chapter 11 Petition filed October 11, 2017
         See http://bankrupt.com/misc/mdb17-23562.pdf
         Filed Pro Se

In re Unified Cleaning Services, LLC
   Bankr. D. Md. Case No. 17-23594
      Chapter 11 Petition filed October 11, 2017
         See http://bankrupt.com/misc/mdb17-23594.pdf
         represented by: Murray O Singerman, Esq.
                         STS TAX LAW
                         E-mail: msingerman@ststaxlaw.com

In re Jonathan Matthew Lutton and Leslie Ann Lutton
   Bankr. E.D. Mich. Case No. 17-54264
      Chapter 11 Petition filed October 11, 2017
         represented by: Edward J. Gudeman, Esq.
                         GUDEMAN & ASSOCIATES, P.C.
                         E-mail: ejgudeman@gudemanlaw.com

In re Mark H. Horne and Sandra R. Horne
   Bankr. D.N.H. Case No. 17-11417
      Chapter 11 Petition filed October 11, 2017
         represented by: Michael B. Fisher, Esq.
                         FISHER LAW OFFICES, PLLC
                         E-mail: fisher@mbfisherlaw.com

In re Leonidas Priftakis
   Bankr. E.D.N.Y. Case No. 17-76260
      Chapter 11 Petition filed October 11, 2017
         represented by: Pankaj Malik, Esq.
                         WARSHAW BURSTEIN, LLP
                         E-mail: pmalik@wbny.com

In re Albert M. Lefkovits
   Bankr. S.D.N.Y. Case No. 17-12845
      Chapter 11 Petition filed October 11, 2017
         represented by: Abraham J. Backenroth, Esq.
                         BACKENROTH, FRANKEL & KRINSKY, LLP
                         E-mail: abackenroth@bfklaw.com

In re Lowell Gene Wittke and Judy Ann Wittke
   Bankr. D. Or. Case No. 17-33812
      Chapter 11 Petition filed October 11, 2017
         represented by: Douglas R. Ricks, Esq.
                         E-mail: vbcservicedougr@yahoo.com

In re Plano Izmir, LLC
   Bankr. E.D. Tex. Case No. 17-42242
      Chapter 11 Petition filed October 11, 2017
         See http://bankrupt.com/misc/txeb17-42242.pdf
         represented by: Christopher J. Moser, Esq.
                         QUILLING SELANDER LOWNDS WINSLETT MOSER
                         E-mail: cmoser@qslwm.com

In re Steven Nia
   Bankr. C.D. Cal. Case No. 17-12749
      Chapter 11 Petition filed October 12, 2017
         represented by: Stephen L. Burton, Esq.
                         E-mail: steveburtonlaw@aol.com

In re Slobodan Cuk
   Bankr. C.D. Cal. Case No. 17-14063
      Chapter 11 Petition filed October 12, 2017
         represented by: Chris T. Nguyen, Esq.
                         BENARI & NGUYEN LLP
                         E-mail: cn@banllp.com

In re Rizvi & Company, Inc.
   Bankr. N.D. Ga. Case No. 17-67908
      Chapter 11 Petition filed October 12, 2017
         See http://bankrupt.com/misc/ganb17-67908.pdf
         represented by: William A. Rountree, Esq.
                         MACEY, WILENSKY & HENNINGS LLC
                         E-mail: swenger@maceywilensky.com

In re Jonathan Hart and Ashley Hart
   Bankr. S.D. Iowa Case No. 17-02080
      Chapter 11 Petition filed October 12, 2017
         represented by: Robert C. Gainer, Esq.
                         E-mail: rgainer@cutlerfirm.com

In re Michael & Harriet Arend Family TST LLC
   Bankr. D. Minn. Case No. 17-33222
      Chapter 11 Petition filed October 12, 2017
         See http://bankrupt.com/misc/mnb17-33222.pdf
         represented by: Joseph W. Dicker, Esq.
                         JOSEPH W. DICKER PA
                         E-mail: joe@joedickerlaw.com

In re MLLD Trucking, LLC
   Bankr. D. Neb. Case No. 17-41612
      Chapter 11 Petition filed October 12, 2017
         See http://bankrupt.com/misc/neb17-41612.pdf
         represented by: John C. Hahn, Esq.
                         WOLFE, SNOWDEN, HURD, LUERS & AHL, LLP
                         E-mail: bankruptcy@wolfesnowden.com

In re Emanuel Delvalle
   Bankr. D.N.J. Case No. 17-30701
      Chapter 11 Petition filed October 12, 2017
         Filed Pro Se

In re 40/40 Enterprises, Inc.
   Bankr. E.D. Tex. Case No. 17-42244
      Chapter 11 Petition filed October 12, 2017
         See http://bankrupt.com/misc/txeb17-42244.pdf
         represented by: Eric A. Liepins, Esq.
                         ERIC A. LIEPINS P.C.
                         E-mail: eric@ealpc.com

In re Appalachian Coal Enterprises, LLC
   Bankr. S.D. W.Va. Case No. 17-30461
      Chapter 11 Petition filed October 12, 2017
         See http://bankrupt.com/misc/wvsb17-30461.pdf
         represented by: Joe M. Supple, Esq.
                         E-mail: info@supplelaw.net

In re Chequered Flag Automotive Inc.
   Bankr. N.D. Ga. Case No. 17-67997
      Chapter 11 Petition filed October 13, 2017
         See http://bankrupt.com/misc/ganb17-67997.pdf
         represented by: Herbert C. Broadfoot II, Esq.
                         HERBERT C. BROADFOOT II, PC
                         E-mail: bert@hcbroadfootlaw.com

In re Hobert Kennedy Sanderson, Jr. and Denise C. Sanderson
   Bankr. E.D.N.C. Case No. 17-05040
      Chapter 11 Petition filed October 13, 2017
         represented by: David F. Mills, Esq.
                         E-mail: david@mills-law.com

In re Marvin Michael Jones
   Bankr. D.N.J. Case No. 17-30809
      Chapter 11 Petition filed October 13, 2017
         represented by: Douglas T. Tabachnik, Esq.
                         LAW OFFICES OF DOUGLAS T TABACHNIK, PC
                         E-mail: dtabachnik@dttlaw.com

In re Richard Toporek and Carol Valente Toporek
   Bankr. E.D.N.Y. Case No. 17-76317
      Chapter 11 Petition filed October 13, 2017
         Filed Pro Se

In re Eusebio Carrasco Delgado
   Bankr. D.P.R. Case No. 17-06526
      Chapter 11 Petition filed October 13, 2017
         represented by: Juan Carlos Bigas Valedon, Esq.
                         JUAN C BIGAS LAW OFFICE
                         E-mail: cortequiebra@yahoo.com

In re Kerry Bryon Noble
   Bankr. E.D. Tex. Case No. 17-60755
      Chapter 11 Petition filed October 13, 2017
         represented by: Joyce W. Lindauer, Esq.
                         E-mail: joyce@joycelindauer.com

In re Ministerios Encuentro & Conexion
   Bankr. W.D. Tex. Case No. 17-31661
      Chapter 11 Petition filed October 13, 2017
         See http://bankrupt.com/misc/txwb17-31661.pdf
         represented by: Corey W. Haugland, Esq.
                         JAMES & HAUGLAND P.C.
                         E-mail: chaugland@jghpc.com

In re BCR Equipment Rental LLC
   Bankr. N.D. Tex. Case No. 17-44202
      Chapter 11 Petition filed October 14, 2017
         See http://bankrupt.com/misc/txnb17-44202.pdf
         represented by: Craig Douglas Davis, Esq.
                         DAVIS, ERMIS & ROBERTS, P.C.
                         E-mail: davisdavisandroberts@yahoo.com

In re Michael G. Warden
   Bankr. N.D. Tex. Case No. 17-33888
      Chapter 11 Petition filed October 14, 2017
         represented by: Kevin S. Wiley, Jr., Esq.
                         THE WILEY LAW GROUP, PLLC
                         E-mail: kevinwiley@lkswjr.com

In re Henry J. Melton
   Bankr. N.D. Tex. Case No. 17-44206
      Chapter 11 Petition filed October 14, 2017
         represented by: Kevin S. Wiley, Jr., Esq.
                         THE WILEY LAW GROUP, PLLC
                         E-mail: kevinwiley@lkswjr.com

In re Salvador Cacho Cordero
   Bankr. D. Haw. Case No. 17-01071
      Chapter 11 Petition filed October 15, 2017
         represented by: Ramon J. Ferrer, Esq.
                         LAW OFFICE OF RAMON J. FERRER
                         E-mail: ramonlawfirm@hotmail.com

In re Park North 1 LLC
   Bankr. S.D.N.Y. Case No. 17-12879
      Chapter 11 Petition filed October 15, 2017
         See http://bankrupt.com/misc/nysb17-12879.pdf
         represented by: Gabriel Del Virginia, Esq.
                         LAW OFFICES OF GABRIEL DEL VIRGINIA
                         E-mail: gabriel.delvirginia@verizon.net


                            *********

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.

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